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10.09.2007 08:15:00

Billerud and Design Firm No Picnic Form New Company

Regulatory News:

Nine is a consulting company specialising in the entire chain from new product concept to the packaged item in the store. Today it takes around one to two years for a food producer to get a new product onto the store shelves. By gathering expertise in material selection, packaging, design, brand promotion and logistics within one company, the development time from idea to shelf can be cut to 6-8 months.

Nine TPP, Total Packaging Partner, AB is a venture led by Billerud (STO:BILL) and No Picnic, one of Scandinavia's leading design firms. The jointly owned subsidiary is the result of a long period of co-operation during which entirely new product concepts have been developed for pasta, confectionery, potato crisps and other food.

Billerud has specialist know how in material selection, machinery and production optimisation. No Picnic specialises in design, trends and consumer behaviour. Putting the two areas of expertise together means that Nine has all the skills required to launch a new product.

"More and more businesses have learnt that product development and packaging development are not parallel processes - they are in fact integrated. The companies that understand this will discover significant benefits from working with Nine," explains Jon Haag, CEO at Nine.

Nine's business concept is that a brand owner only needs to assign a single partner to package a new food product, for example, or a new hygiene item or non-prescription drug. Nine aims to be first choice for customers whether they are launching a new product that requires a changed packaging line, are looking for smarter in-store handling or just want a new design.

"Our ambition for Billerud is to sell more than pulp and paper. As we have said before, we aim to develop our business. Analysis of the value chain for packaged food has shown obvious areas for improvement. With Nine we can use our expertise to shorten development cycles for food producers. That makes everyone a winner," says Per Lindberg, President and CEO of Billerud.

The name, Nine, comes from the nine stages of development that run from new product concept to packaged product on the store shelf.

The new company will not have any impact on earnings for Billerud in 2007.

Stockholm, 10 September 2007 Billerud AB (publ)

Per Lindberg President and CEO

Billerud is a packaging paper company. The company's business concept is to offer customers packaging materials and solutions that promote and protect their products - packaging that is attractive, strong and based on renewable materials. Billerud has a world-leading position within several product segments including paper for consumer packaging and industrial applications. Production takes place at three integrated pulp and paper mills in Sweden and at one paper mill in the UK.

No Picnic No Picnic is a Stockholm-based design company specialising in innovation, concept development, design of products and packaging, and brand environment. Assignments range from cosmetics to high tech space projects and prototypes illustrating a future business vision. The company was formed in 1993 and has since become one of Scandinavia's largest and best-reputed design businesses. Read more at www.nopicnic.se

More details

Read more about Nine at www.ninetpp.com

This information was brought to you by Cision http://newsroom.cision.com

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