CHICAGO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Mitsubishi HC Capital America, a leading provider of financing solutions, announces a strategic relationship with the Seismic Group, a US-based leader in sustainability, supply chains, logistics, and procurement and PulPac, the technology owner and licensor of packaging comprised of dry molded fiber. The arrangement allows the companies to focus their efforts on reducing plastic pollution by promoting the use of advanced, patented processes to create paper packaging.
More specifically, Mitsubishi HC Capital America and the Seismic Group will provide lease and finance programs that further the adoption of the dry molded fiber technology, developed and owned by Swedish-based PulPac. Mitsubishi HC Capital America allows PulPac customers to secure financing solutions for the equipment needed to manufacture PulPac's dry molded fiber products. The Seismic Group is also PulPac's North American business development partner and works with packaging manufacturers and brands to develop sustainable and cost-effective fiber products.
"Sustainability is a core initiative and major focus for Mitsubishi HC Capital America," said Jim Freund, EVP and President, Vendor Solutions. "As businesses rethink their entire packaging model with sustainability and efficiency as a priority, our work will bring the expertise, technology and financing together to ensure a successful transition."
The Seismic Group's consultative, solutions-based approach in tackling ...
