Sealed Air, Ecovative partner to promote EcoCradle material
- Filed in:
- Protective packaging,
- Renewable resources
Sealed Air Corp. and Ecovative Design LLC have announced that they will work together to accelerate the production, sales, and distribution of Ecovative’s EcoCradle® Mushroom™ Packaging, a new technology for environmentally responsible packaging materials made from agricultural byproducts and mycelium, or “mushroom roots.” Founded in 2007 and incubated at Rensselaer Polytechnic Institute, Ecovative adapts living systems to create novel biomaterials and products.
EcoCradle is a home-compostable product made from renewable, nonfood agriculture materials. The products are used by a number of Fortune 500 companies and have won a number of packaging awards, including the Greener Package Innovator of the Year award.
Details of the transaction were not disclosed. Sealed Air does not expect the transaction to be material to its consolidated financial position or results of operations.
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