Genera Acquires MxG Fiber

MxG Fiber is focused on supplying sustainable packaging to both the North American and European markets to meet the growing demand created by consumers and single-use plastic bans. The company is vertically integrated all the way through our advanced pulping and molding technologies. This provides cost-competitive and highly functional compostable molded fiber packaging to replace single-use plastic packaging. Growing its own raw material means your packaging is fully traceable, reliable, safe, and free of PFA chemicals. MxG Fiber grows perennial fiber crops on marginal land to supply its manufacturing facilities. The company's primary perennial crop, Miscanthus, has a large growing region in the U.S. and Europe that provides a stable supply of premium fiber for more than 20 years. MxG Fiber is based in The Woodlands, Texas.