News International Sugar Journal

A Canadian start-up launches biobased pallets for market [Registered]

A Canadian start-up Axios Mobile Assets Corp. is bringing its lightweight, bi-based shipping pallets to market. The company recently entered into a five-year, $300 million purchase agreement with pallet management company Ongweoweh Corp. Axios will ship its first batch of pallets — 20 percent of the first-year requirements for the blanket order — in October. To meet demand, Axios recently acquired a controlling interest in a Guelph, Ontario-based thermoset moulder. The facility, which employs about 12 workers, will provide Axios with moulding and automated assembly capabilities and will serve as the company’s research and development center. The facility will begin…

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