Packsize Announces New Partnership with Henkel Adhesive Technologies
Packsize announced a new partnership with Henkel Adhesive Technologies designed to enhance the Company's sustainable product offerings with Henkel's innovative solutions supporting businesses in reducing their ecological footprint. This partnership once again demonstrates the strategic partnering importance in the go-to-market strategy of Packsize.
Each year, 300 billion boxes are sealed with 500,000 tons of hot melt adhesive. This significantly contributes to the global emissions generated by the paper-based packaging industry. Packsize and Henkel have developed Eco-Pax, a bio-based hot melt adhesive designed to lower carbon footprints without sacrificing performance.
At Packsize, sustainability is at the heart of everything they do," says Kristin Bauer, director of product management at Packsize. Through their collaboration with Henkel, they are expanding their sustainable offerings to include innovative solutions for businesses to help minimize ecological impacts of their products.
Eco-Pax will be produced using bio-based raw materials. No fossil-based ingredients are used for this product. The new adhesive will be applied in over 340 million boxes that Packsize manufactures using its right-sized packaging machinery annually. It is expected to mitigate SBTi relevant GHG emissions by up to 32% or approximately equivalent to the burning of 1.75 million pounds of coal.
Partnering with an innovative leader like Packsize to launch a bio-based adhesive solution is a big step toward building a more sustainable packaging value chain," says Kevin Heffernan, head of Business Development, North America, Consumer Goods Adhesives, Henkel Adhesives Technologies. Together, they're setting a new standard for sustainability in packaging while delivering the high-performance brands and consumers’ trust.
For a pioneer and industry leader in sustainability, partnerships that bring innovative solutions to their collective customers are a necessity. Packsize is bringing tremendous value to its partners and customers through sustainable, right-sized packaging solutions that meet the highest standards of quality and efficiency by partnering with the largest companies in warehouse technology: system integrators, manufacturers of warehouse automation equipment, third party logistics, robotics and packaging distribution.
Their established and growing partnership network enables the, to penetrate new markets with innovative, end-to-end solutions that bring greater overall warehouse efficiency," said Cameron Stout, director of strategic partnerships at Packsize. They look to build on their success to date to become the premier packaging automation solution for their partners and customers.
About Packsize
Packsize has changed the way companies and their customers experience packaging-from filling to unpacking. Since its introduction of Right-sized Packaging on Demand in 2002, Packsize has emerged as a leader in the supply chain and sustainable packaging industries in North America, Europe, and Asia-Pacific. The firm unlocks hidden potential in a customer's supply chain by partnering and becoming a trusted advisor, helping the client come up with a customized process flow in packaging - everything from the warehouse floor to customers' hands. Packsize is changing packaging and speedily hastening a road to a sustainable future.
About Henkel
Through its brands, innovations, and technologies, Henkel has leading market positions in both industrial and consumer businesses around the globe. Adhesive Technologies is a business unit of the company and is a global market leader in adhesives, sealants, and functional coatings. Consumer Brands is one of the leading positions for the company especially in the markets and categories of laundry & home care and hair worldwide. The three strongest brands that the company possesses are Loctite, Persil and Schwarzkopf. In fiscal 2023, Henkel achieved sales of over 21.5 billion euros as well as adjusted operating profit of approximately 2.6 billion euros. Preferred shares of Henkel are traded in the German stock index DAX. Sustainability is a long tradition of the company, and sustainability is a clear strategy at Henkel with specific targets. Founded in 1876, today about 48,000 works at Henkel and with it all their expertise together as one team around shared values and a common vision.