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Diageo

Ecosystem London Stock Exchange: DGE
Headquarters
London, GB
Segment
Brand Owners & Retailers
Stories held
1
Last story
21 Sep 2026

Diageo plc is a London-based multinational producer of spirits and beer, with brands including Johnnie Walker, Smirnoff, Guinness and Baileys sold in more than 180 countries. It is listed on the London Stock Exchange and is a constituent of the FTSE 100.

1 stories · 2026

Smol launches Pulpex fibre detergent bottle as Pulpex raises USD 83.0m (GBP 62m)

UK homecare brand Smol has rolled out a wood-pulp fibre laundry detergent bottle using Pulpex technology, targeting the 58 million plastic laundry liquid containers sold annually in the UK. The launch follows a GBP 62m (USD 83.0m) funding round at Pulpex, including GBP 43.5m (USD 58.3m) from the UK National Wealth Fund, to build the company's first commercial-scale manufacturing plant in Scotland. Pulpex says the bottle, fitted with a recyclable plastic dosing cap, has passed the 4evergreen recyclability methodology for paper mill processing.

Why this mattersA first at-scale fmcg deployment of paper detergent bottles tests whether fibre packaging can displace plastic in a high-volume, liquid-fill category.

  • Smol's bottle uses Pulpex wood-pulp fibre technology with an ultra-thin water-based barrier lining.
  • It targets 58 million plastic laundry liquid containers sold in the UK each year, over 8,120 tonnes of plastic.
  • The bottle passed the 4evergreen recyclability methodology for paper mill processing.
  • Pulpex has raised a GBP 62m (USD 83.0m) funding round, including GBP 43.5m (USD 58.3m) from the UK National Wealth Fund.
  • The funding will build Pulpex's first commercial-scale manufacturing facility, in Scotland.
  • Unilever unveiled a prototype paper detergent bottle for its Omo/Persil/Skip/Breeze brands five years earlier but has not launched it in UK grocery.
  • Pulpex has built the manufacturing facility in Scotland financed by its GBP 62m (USD 83.0m) funding round.
  • The Scotland plant is intended to bring paper water bottles to retail shelves amid tightening plastic packaging regulation.
Pulpex Unilever mentioned Smol counterparty Diageo counterparty Pilot Lite counterparty
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