Finland-based food packaging service provider Huhtamaki has revealed plans to integrate its two business segments, Foodservice Europe-Asia-Oceania and Fiber Packaging.
The integration is in line with the company’s renewed strategy and is expected to enable the company to obtain more growth opportunities.
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It will also enhance customers’ access to its technologies, such as moulded fibre and paperboard forming.
As part of this, Eric Le Lay will serve as president for the combined segment. It will become effective from 1 June 2020.
The segments will report separately for the rest of the fiscal year.
Huhtamaki will concentrate on enhancing operational performance, process performance, and digitalisation.
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By GlobalDataAdditionally, it plans to gain a zero-accident safety culture, develop strategic capabilities and nurture a high-performance culture globally.
Huhtamaki president and CEO Charles Héaulmé said: “We will continue to grow through a relentless focus on innovation, scaling up in growth markets and developing new businesses to meet changing consumer needs. We will become more competitive by digitalising all operations, running our manufacturing more efficiently and simplifying the way we work globally. In addition, we will develop our talent by building strategic capabilities and a high-performance culture. We aim to become best-in-class in safety. We will embed sustainability in everything we do.
“We have set very high sustainability ambitions, amongst them a commitment to achieving carbon neutrality in our production and Science Based Targets by 2030. We want to become world-class in all three areas of sustainability: environmental, social and governance. We will also strengthen and focus our innovation, designing all our products to be recyclable, compostable or re-usable,” he concludes.
According to Huhtamaki’s new 2030 sustainability ambitions, over 80% of raw materials will be either renewable or recycled.
While 100% of its products will be made recyclable, compostable or reusable, it has plans to use 100% fibre from recycled or certified sources.
