Dive Brief: Pulpex, a packaging technology company co-founded by Diageo, has partnered with Finnish renewable materials company Stora Enso to mass produce 100% recyclable bottles and containers made from sustainably sourced, formed wood fiber pulp. The companies plan to have a high-speed production line operational in 2022. Pulpex will use Stora Enso's formed fiber material to create paper bottles for global brands in applications including alcohol and nonalcohol beverages and liquid foods, along with home and personal care products. The Pulpex bottle can be embossed, labeled and colored, according to the companies. Diageo and PepsiCo have committed to using Pulpex technology in their packaging as founding partners of a consortium of CPG companies who together plan to produce 750 million paper bottles per year. This latest partnership would help advance that effort, and could assist both beverage companies in meeting their broader sustainable packaging goals.