Graphene and graphite supplier Talga Resources has signed a graphene joint development agreement with Swedish packaging company BillerudKorsnäs.

The agreement follows the successful testwork completion in line with the Letter of Intent (LoI), which the company signed in August 2018. The LoI included Talga’s graphene product Talphene, which is used in the manufacturing of BillerudKorsnäs fibre and board packaging products.

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According to the latest agreement, the two companies created a strategy to introduce innovation to the packaging industry.

The two companies have agreed to continue the ongoing co-development and validation of improved packaging technology, integrating Talphene in BillerudKorsnäs products.

The partners have also set the terms for the potential product commercialisation and intellectual property ownership.

Talga managing director Mark Thompson said: “Packaging is a high volume application where graphene can make a material impact to performance, functionality and recycling.

“We are excited to be advancing our relationship with a global industry leader such as BillerudKorsnäs to enable greener and innovative packaging solutions with our graphene technology.”

Talga Resources said that the use of Talphene in BillerudKorsnäs packaging will offer a range of performance and eco-benefits such as plastic packaging natural fibre replacement and more.

BillerudKorsnäs innovation executive vice-president Magnus Wikström said: “Talga’s advanced solutions fit very well with BillerudKorsnäs’ vision of challenging conventional packaging for a sustainable future.

“We are happy for this collaboration and look forward to jointly explore new possibilities together with the Talga team.”

Earlier this month, BillerudKorsnäs and its joint venture partners introduced a paper bottle community Paboco to advance packaging innovation.