PaperNuts Completes Long-Term Paper Supply Agreement
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PaperNuts Corp., St. Catharines, Ont., Canada, this week announced that it has entered into a strategic long-term supply agreement with a leading North American provider of sustainable paper and packaging products made from 100% recycled material. The confidential, privately-owned supply partner operates multiple large scale state-of-the-art paper mills serving customers across North America.
Subject to the terms and conditions of the supply agreement, the supply partner will be the primary supplier to PaperNuts of lightweight continuous-roll kraft paper for its on-demand high speed PaperNuts packaging solutions. These products have met the highest environmental standards earning FSC, SFI, and PEFC certifications, PaperNuts notes.
Tyler Pearson, CEO of PaperNuts Corp., said that "the superior papermaking assets of our new supply partner's mill network will provide PaperNuts and all of its customers with a reliable long-term paper supply source across North America. Their dedication to products that meet the industry's highest environmental standards make them a natural fit for PaperNuts and our mission to provide the packaging industry with a sustainable alternative to environmentally harmful packaging solutions like polystyrene peanuts and other plastic-based protective packaging products."
The supply agreement is for a term of one year automatically renewing for successive one year periods.
