Huhtamaki Oyj - Company Profile
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Business Description
Huhtamaki Oyj (Huhtamaki) is a provider of packaging solutions. It manufactures paper, plastic, film and molded fiber-based packaging solutions. The company offers food service packaging, flexible packaging, fiber packaging and films. It provides paper and plastic disposable products including cups, plates, bowls, trays, and cutlery; produces flexible packaging solutions such as pouches, bags, films, and labels for food, pet food, and non-food applications; and offers sustainable and recyclable molded fiber products such as egg cartons, cup carriers, and trays. The company also provides films for packaging applications, including lamination films, barrier films, and shrink films. It provides packaging solutions to various industries such as food and beverage, manufacturers of fast-moving consumer products (non-food), food service operators, fresh food packers, and retailers. As of December 31, 2022, the company had 76 manufacturing units in 37 countries.
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R&D Overview
Huhtamaki's research and development activities encompass monitoring market needs, driving innovation, protecting intellectual property, and seeking strategic partnerships and M&A opportunities to stay competitive and adapt to changes in consumer preferences, technologies, and materials. The company engages in continuous monitoring and anticipation of long-term needs, which implies conducting research and development activities to stay updated on evolving technologies, consumer preferences, and market trends. It invests resources in R&D activities to drive innovation, develop new technologies, and enhance its competitive position. Huhtamaki emphasizes the protection of its intellectual property to create and safeguard property rights related to its technologies, product designs, and packaging solutions. The company also engages in research and development collaborations or acquisitions to access and integrate new technologies into its business. In FY2022, the company reported an R&D expense of EUR30.6 million, it was 0.7% of the company’s revenue.Huhtamaki's research and development activities encompass monitoring market needs, driving innovation, protecting intellectual property, and seeking strategic partnerships and M&A opportunities to stay competitive and adapt to changes in consumer preferences, technologies, and materials. The company engages in continuous monitoring and anticipation of long-term needs, which implies conducting research and development activities to stay updated on evolving technologies, consumer preferences, and market trends. It invests resources in R&D activities to drive innovation, develop new technologies, and enhance its competitive position. Huhtamaki emphasizes the protection of its intellectual property to create and safeguard property rights related to its technologies, product designs, and packaging solutions. The company also engages in research and development collaborations or acquisitions to access and integrate new technologies into its business. In FY2022, the company reported an R&D expense of EUR30.6 million, which was 0.7% of the company’s revenue.
Business Segments
Overview
- Provides flexible packaging materials, pouches and labels for pet food, food and drink, household, hygiene, and pharmaceutical products packaging. - Operates manufacturing facilities in Europe, Asia, Oceania, and South America.
Performance
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Overview
- Offers single and double wallpaper cups, paper and plastic plates and bowls, plastic cups, cutlery and food-to-go packaging to quick service and fast casual restaurants, convenience stores, coffee shops, cafeterias and vending operators. - Operates manufacturing units across Europe, Africa, Asia, the Middle East, and Oceania.
Performance
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Overview
- Offers egg cartons, fruit trays, bottle dividers and cup carriers to protect, preserve and hand delicate food products. - Carries out rough molded fiber business across Europe, Oceania, Africa, and South America. - Rough molded fiber finds usage in making fresh product packaging, such as egg and fruit packaging. - Operates manufacturing facilities across Europe, Oceania, Africa, and South America.
Performance
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Overview
- Provides disposable tableware products, ice cream containers, consumer goods and foodservice packaging products. - Disposable tableware products serve the retail market through its product offerings such as bowls, cups, napkins and table cover under the Chinet brand. - Consumer goods subdivision serves the ice-cream and other consumer goods and foodservice markets and offers products such as cups, tableware, containers, carriers, and trays. - Operates rigid paper, plastic and molded fiber manufacturing unit in North America and Mexico.
Performance
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Geographical Segments
- Australia
- China
- Finland
- Germany
- India
- Other Countries
- Poland
- South Africa
- Thailand
- The United Kingdom
- Turkey
- United States
Performance
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Performance
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Performance
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Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
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Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
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Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
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Performance
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Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
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