UK-based packaging manufacturer Frugalpac has received a £2 million investment and has announced plans to introduce two new packaging products.
According to Frugalpac, the company’s directors have underwritten the £2 million in funding to support the next stage of the company’s development and support the launch of a paper-based bottle for wine and spirits, as well as a paper-based pot for various foods including noodles and yogurts.
Ipswich-headquartered Frugalpac’s main product is its Frugal Cup paperboard coffee cup, which is made from 96% recycled paperboard and features a polyethylene (PE) food-grade liner.
The company opened a new manufacturing site in Wrexham, Wales, in 2019 to meet the demand for Frugal Cups from UK coffee shops.
Frugalpac’s chief executive officer Malcolm Waugh said: “This is a massive vote of confidence in a pioneering British company at the forefront of designing and producing innovative sustainable packaging.
“We are looking forward to the imminent launch of further Frugalpac products which include a Frugal Bottle for wine and spirits and a Frugal Pot for foods such as noodles, porridge, yoghurt and ice cream.”
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