NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Agency / Source: Voith GmbH

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Voith Acquires Stake in Swedish Start-up Yangi® AB - Voith takes a stake in the Swedish start-up Yangi® AB to invest in sustainable technologies - Yangi.se / Voith.com
Voith Acquires Stake in Swedish Start-up Yangi® AB

 

NewswireTODAY - /newswire/ - Varberg, Sweden, 2023/01/24 - Voith takes a stake in the Swedish start-up Yangi® AB to invest in sustainable technologies - Yangi.se / Voith.com. FSE: VO2A

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Heavy Machinery / Handling Solutions Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• Innovation and development partnership between Voith and start-up Yangi®;
• Yangi® is leading the development of a dry forming process to produce 3D-formed, cellulose-based packaging in one machine line without process water;
• Compared to the alternative energy- and water-intensive wet pulp molding process, the innovative process saves 75 percent energy.

Voith has acquired shares in the sustainability start-up Yangi®, headquartered in Varberg, Sweden. Both parties signed the purchase agreement in December 2022. Yangi's® ground-breaking technology emerges from 10 years of R&D within its sister company, The Loop Factory®, which focuses on the megatrends of sustainability and circular economy. As a result, the leading full-line supplier Voith is investing in new, future-oriented technologies to further drive decarbonization in the paper industry.

Yangi® has developed a manufacturing process and is pioneering a new technology to produce 3D-formed, cellulose-based packaging. The process is based on dry forming principles in one machine line and enables a cost- and resource-efficient solution that has the potential to replace rigid plastic at scale. Compared to the water- and energy-intensive wet pulp molding process, Yangi's® dry forming process uses no water and less energy, resulting in minimized CO2 emissions and 75 percent less energy consumption. The applications for packaging solutions are diverse and range from cosmetics and beauty products to fresh food, take-away, and consumer goods. For example, in addition to Voith, the luxury brand CHANEL has also acquired shares in Yangi® and is actively supporting its business development.

"We are excited about the partnership between Voith and Yangi. With Voith, we have found the right partner to further develop our innovative solutions and also grow in new business areas."
Johann Kaiser, CEO of Yangi®

"From the beginning, we have been united by our common interest and motivation in sustainable technologies,"
Anna Altner, founder of Yangi® and The Loop Factory®

"Voith's expertise as the leading full-line supplier in the paper industry and Yangi's expertise in dry processing of fibers open new doors for innovative solutions. Fiber-based packaging is a sustainable alternative to plastic and will continue to gain relevance."
Dr. Michael Weiss, CTO at Voith Paper

Compared to petroleum-based packaging, the newly produced fiber packaging saves 75 percent CO2 emissions. In addition, the innovative process is characterized by short cycle times.

"The investment in Yangi is therefore an important strategic step for us to advance our decarbonization strategy as part of our Papermaking for Life sustainability program."
Dr. Michael Weiss, CTO at Voith Paper

About Yangi® AB

Yangi® (yangi.se) is reshaping the world of packaging through its revolutionary manufacturing technology and next-generation fiber-based solutions. Emerging from 10 years of R&D within its sister company, The Loop Factory®, Yangi® offers an open-source, turn-key machine platform and customized packages of value-added services such as material on subscription and ready-made design concepts, meeting the needs of manufacturers and brands for more sustainable packaging alternatives. Yangi® is a pioneering, innovative and established partner within the dry-formed fiber industry.

About the Voith Group

The Voith Group (voith.com) is a global technology company. With its broad portfolio of systems, products, services and digital applications, Voith sets standards in the markets of energy, paper, raw materials and transport & automotive. Founded in 1867, the company today has around 21,000 employees, sales of € 4.9 billion and locations in over 60 countries worldwide and is thus one of the larger family-owned companies in Europe.

About Voith Paper

The Group Division Voith Paper is part of the Voith Group. As the full-line supplier to the paper industry, it provides the largest range of technologies, services, and products on the market, and offers paper manufacturers holistic solutions from a single source. The company’s continuous stream of innovations facilitates resource-conserving production and supports customers in significantly reducing their carbon footprint. With its comprehensive automation products and leading digitization solutions from the Papermaking 4.0 portfolio, Voith offers its customers state-of-the-art, digital technologies to increase the availability and efficiency of their systems in all areas of the production process.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Heavy Machinery / Handling Solutions Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Voith GmbH

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Heavy Machinery / Handling Solutions articles,
CATCH Visitors via Your Competitors Announcements!


Voith Acquires Stake in Swedish Start-up Yangi® AB

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Yangi's® Dry Forming | Voith Group
Contact: Naomi Keitel - Voith.com 
+49 7321 37-2209 naomi.keitel[.]voith.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Voith GmbH securities in any jurisdiction including any other companies listed or named in this release.

Heavy Machinery / Handling Solutions via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Voith GmbH / Company Profile


Read Heavy Machinery / Handling Solutions Most Recent Related Newswires:

ANDRITZ Completes Major Rebuild of High-performance Board Machine for MM Board & Paper, Austria
Voith Hydro and STRUCINSPECT Advance Monitoring of Hydropower Civil Structures
ANDRITZ Successfully Started Up FibreFlow Drum Pulping System At AHP
ANDRITZ to Supply Energy-saving Mechanical Pulping Line to Hubei Xianhe New Materials, China
Voith Hydro Opens New Center of Competence for Generator Components
Stora Enso Successfully Starts Up Energy Efficient ANDRITZ LimeCool System At Imatra Pulp Mill, Finland
ANDRITZ to Supply Resource Efficient Debarking Line to Smurfit Kappa in Colombia
Lee & Man Paper Manufacturing Orders 5th ANDRITZ Shoe Press to Boost Energy Efficiency
ANDRITZ to Deliver A High-efficiency EcoFluid Boiler to the Waste Treatment Plant in Aschaffenburg, Germany
ANDRITZ to Supply TAD Tissue Machine to Procter & Gamble, Box Elder, Utah Mill, USA
OceanCoat P - Voith Launches New Coater Backing Roll Cover
Nidec Completes the Acquisition of the Shares of Italian Machine Tool Manufacturer PAMA and its Affiliates
Stora Enso Commissions Voith to Convert A Former Paper Machine into Europe's Largest Board Machine At its Oulu Site in Finland
ANDRITZ to Supply Automated Threading Systems for Klingele Paper in Nova Campina, Brazil
NEFC Group Deploys Infor ERP to Transform Operations in UAE and Ethiopia

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com





 
  ©2005-2023 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)