Being listed for the second year in a row in Deloitte Technology Fast 50 Finland underscores both Paptic’s commitment to innovation and the development of solutions to tackle one of the world’s biggest environmental challenges, plastic waste, and to the company’s financial growth.
Deloitte Technology Fast 50 Finland lists the 50 fastest-growing technology companies in Finland. The rankings are based on each company’s growth over the last four years (2020-2023) and the official financial statements of the companies.
“We’re proud to be on Deloitte Technology Fast 50 list for the second consecutive year. Paptic’s prospects for profitable growth are excellent, and the global demand for wood fibre-based and recyclable at-scale Paptic materials is growing at an accelerating pace since we have widened our offering for new markets, such as hygiene and electronics packaging”, says Tuomas Mustonen, CEO and Co-founder of Paptic.
Paptic Ltd, is a high-growth company and was founded in 2015. The company has developed a material to replace plastic in flexible packaging applications. Paptic materials offer a unique blend of sustainability, strength, and distinctive tactile qualities, now used in a wide range of applications, from electronics and hygiene packaging to retail carrier bags, where Paptic can replace plastic and provide the features global brands require.
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