Denver Asia Pulp & Paper (APP) Foopak has received a Product of the Year Award from Environmental Leader and Energy Manager Today at the annual Environmental Leader & Energy Manager Conference (ELEMCON).
Recognised for its innovative water-based coating to enhance compostability, Foopak offers a practical alternative to plastic and Styrofoam packaging materials. Its coating differentiates it from products with petroleum-based coating, allowing it to be effective for wet, hot and cold storage. In addition, Foopak is FDA compliant and ISEGA certified for compostability within 12 weeks.
Foopak was also recognised for filling a timely and important need in the consumables space by creating the potential to keep tons of polystyrene and polyethylene-laminate paperboard out of landfills each year. According to data from Asia Pulp & Paper’s 2018 Consumer Trends Report, consumers acknowledge they are willing to pay more for fast food products packaged in sustainable materials, with 35% agreeing they would pay up to 10% more. Foopak meets all requirements to safely manage food products, and effectively meets sustainability goals of consumers and businesses.
“We’re honored to be recognised for our innovative and compostable Foopak product,” said Felix Koh, senior vice president and global business unit head, APP. “It is one of our core business goals to bring sustainable products to market and have a positive impact on the environment.”