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In a packaging market defined by rising plastic costs, Blue Ocean Closures<\/a> has announced it is lowering prices on its fiber-based closures, diverging from broader market pricing trends.\u00a0<\/p>\n Across the packaging sector, cost inflation driven by energy markets and petrochemical feedstocks has translated directly into higher prices for plastic closures and other packaging products.\u00a0<\/p>\n Blue Ocean Closures\u2019 move comes amid persistent increases in fossil-based resin prices, which have pushed many packaging producers to raise prices. Taking the opposite approach, the company is reducing prices by redesigning how closures are made.\u00a0<\/p>\n \u201cThis is a deliberate break from industry logic,\u201d says Lars Sandberg, CEO of Blue Ocean Closures. \u201cWhile others are forced to raise prices due to fossil-based raw materials, we have built a solution that allows us to lower prices through smarter designs, materials and processes.\u201d<\/p>\n Blue Ocean Closures was first to introduce fiber-based closures to the market almost two years ago. The price reduction now follows several technical advancements in both material and production processes. This means brands can avoid passing on rising plastic costs to consumers. At Blue Ocean Closures, enabling customers to reduce both cost and fossil dependency is built into the way the company designs and scales its solutions.<\/p>\n \u201cWe are not discounting our products, we are structurally more efficient,\u201d says Staffan Andersson, CTO. \u201cThis allows us to lower prices even as the rest of the industry moves in the opposite direction.\u201d<\/p>\n