According to Sulapac, Chanel is the first investor from the cosmetics industry. “Chanel is definitely one of the forerunners in the luxury segment as they want to invest [in the] latest sustainable material and technology innovations,” said Sulapac co-founder and CEO Suvi Haimi. “Our mission to save this world from the plastic waste just became a big step closer.”
The material can be mass-produced with the same equipment as plastic.
Photo: Sulapac products (image: www.Sulapac.com)
Chanel was No. 16 on Beauty Packaging's list of Top 20 Global Beauty Companies. See the full list here.