Trioworld restructures for growth and focus on circular solutions

Trioworld, a leading supplier of innovative, high-performance plastic film solutions, announces two new divisions – Division Retail and Division Recycling. Division Carrier bags, based in Arvika, Sweden, merges into the new Division Retail.

Six divisions become seven as an adjustment to accelerating growth in line with the M&A strategy as well as the increasing focus on circular solutions and expanded recycling capacity. Division Retail is headed by Niklas Agevall, former Business Director Bags & Sacks. Oskar Karlsson, Vice President Sustainability and CPO, will lead Division Recycling.

“We are refining our governance model to better fit the accelerating growth as well as our focus on circular solutions. The new Recycling division is an important component in our overall product offering to our customers, ensuring high-quality PCR to all product categories with Loop alternatives. It includes Trioworld Korsberga, which will be the hub for recycling of industrial stretch film along with the current recycling lines for silage film, says Andreas Malmberg, CEO, Trioworld Group. “Division Retail gathers a strong product portfolio including refuse bags and sacks as well as carrier bags, bin bags and building film.”

Trioworld now operates under the following structure: Consumer Packaging Division, Health Care Division, Industrial Film Division, Recycling Division, Retail Division, Stretch Film Division and North America Division.
more at: https://www.trioworld.com/news-insights/press-releases/trioworld-restructures-for-growth-and-circularity/

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