DIT support helps green company expand UK operations

1 Nov 2018 02:21 PM

Manufacturer of carbon-neutral paper, Paper Plus, set for global growth after the Department for International Trade helped secure a £5.5 million investment.

The company’s product saves three times more trees than normal recycled paper, making it more affordable for British companies to go carbon neutral.

The investment will help Paper Plus Europe expand their London office and presence in the UK market, creating seven new jobs, as they aim to add to the more than half a million trees they have saved in last two years.

Part of the funding will be used for the company’s product development, which will tackle plastic waste caused by single-use plastic food packaging. The company’s R&D operation will also benefit, helping to further develop their envoPAP food grade packaging that will be biodegradable and compostable.

Minister for Investment, Graham Stuart yesterday said:

I am delighted that the Department for International Trade, through its international network, has been able to assist Paper Plus in landing this considerable new investment from India, which will have huge long-term environmental benefits both in the UK and abroad.

As an international economic department, we are committed to helping UK companies with trailblazing green ideas to locate the investment they need to reach the next level, creating jobs and prosperity across the country, and helping to ensure we leave our environment in a better state than we inherited it.

Director, Paper Plus, Kaushal Shah yesterday said:

We at Paper Plus believe in making sustainability the new normal for consumers in the UK and over the world.

The expertise and advice of DIT have been a significant accelerator for our business.

The professional knowledge of our DIT advisors is phenomenal and it enhances the credibility of the UK as an excellent place to do business.

The news comes as the Minister met companies and industry experts at the Advanced Engineering 2018 trade show in Birmingham.

Advanced Engineering is one of the biggest trade shows of its kind in Europe, and more than 600 suppliers and thousands of visitors were in attendance.

The Department for International Trade’s UK Pavilion - which housed more than 18 companies - demonstrated expertise across the advanced engineering technical spectrum.

The announcement is one of £10 million of investment deals with global partners that have created more than 50 highly specialised jobs in the UK’s advanced engineering sector in recent weeks with assistance from the Department for International Trade.

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