Huhtamäki re-named its Molded Fiber business segment to Fiber Packaging

Huhtamaki changes the name of its Molded Fiber business segment to Fiber Packaging. The new name is taken into use as of April 27, 2017.

Petr Domin, Executive Vice President, Fiber Packaging, commented:

“We see many exciting business opportunities with new renewable raw materials and new products. The new name, focusing on new solutions rather than production technology, helps us drive a commercial focus and also better reflects the different types of products we will offer our customers in the future.”

Earlier Huhtamaki agreed to sell one of its manufacturing facilities and the related land usage rights in China to Guangzhou Yashao Investment Co. Ltd.

About Huhtamaki:

The company is focused on manufacturing of foodservice packaging, flexible packaging and molded fiber packaging. It has 73 manufacturing units and 24 sales offices in 34 countries employing around 17,000 people worldwide. In 2016 our net sales totaled EUR 2.9 billion.

Source: Woodbizforum