GreenSpense Nabs Prestigious New Product Innovation Award

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Gadi Har-shai receives award for GreenSpense.

GreenSpense CEO, Gadi Har-shai (at right), receives the Frost & Sullivan award at the gala ceremony in Frankfurt.

GreenSpense, a portfolio company of The Trendlines Group, received the Sustainable Packaging New Product Innovation Award on November 17, 2015, at the Frost & Sullivan 2015 Excellence in Best Practices Awards in Frankfurt, Germany.

GreenSpense addresses the drawbacks of conventional aerosol packaging with its propellant-free, continuous dispensing product, the Eco-SleeveTM. The product grew out of the Company’s proprietary nanomaterial-based technology that enables the manufacture of a thin sleeve that can expand 400% to 500% and generate high pressure, all without the need for hazardous propellants.

Eco-sleeve offers a safe, sustainable, low-cost packaging that eliminates volatile organic compounds (VOCs), is biodegradable, enables versatility and attractiveness in the appearance of the package, is easy to ship and store, and does not compromise end-user experience and performance. GreenSpense’ Eco-sleeve is the only propellant-free technology currently available that can generate the pressure required to actuate today’s gas-filled continuous dispensers and be easily implemented in production lines.

With its strong overall performance, GreenSpense earned Frost & Sullivan’s European 2015 New Product Innovation Award in Sustainable Packaging. Company CEO Gadi Har-shai accepted the award at the evening ceremony in Frankfurt.

Steve Rhodes, Chairman and CEO of The Trendlines Group, an early investor in GreenSpense, observes: “The Eco-sleeve presents a tremendous opportunity for product manufacturers because it preserves the advantages of aerosol dispensing but expands packaging material options, overcomes container size and shape constraints, and significantly reduces the environmental impact of traditional round metal canisters. The Trendlines Group invests in and incubates innovation-based companies that will improve the human condition, and GreenSpense addresses this mission.”

Read the full report here.

GIL Frankfurt 2015 Gala Awards-102-LGIL Frankfurt 2015 Gala Awards-97-L

 

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