Combination is touted as bringing together two highly complementary businesses to create a global leader in consumer packaging solutions, with a broader flexible film and converted film offering, a scaled containers and closures business, and a unique global healthcare portfolio.
This expansion positions Nefab to provide a full range of sustainable packaging solutions tailored to the Lithium-Ion battery (LiB), E-mobility, and automotive sectors.
Verde’s biobased, biodegradable and recyclable PolyEarthylene resins – already being sold to global brands and large plastics converters – could potentially be incorporated into Nxu’s EV charging systems.
The site, which was announced in November last year, marks another step in a whirlwind 2024 for the expanding global company, which has just celebrated its 40th anniversary.