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Aardvark, only U.S. producer of paper straws, acquired to meet skyrocketing demand

By USA TODAY

As cities and companies across the world ditch plastic straws, Aardvark Straws needs help ramping up production of its popular paper strawsRead full story

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  • I heard that some of eco mind companies tried to replace plastic straws to paper straws, but they gave up this project since it cost 2-3 times expensive. If this deal enables to scale production and reduce those cost, I guess demand will increase more.

    But, how about just stopping to use straws and drinking

    I heard that some of eco mind companies tried to replace plastic straws to paper straws, but they gave up this project since it cost 2-3 times expensive. If this deal enables to scale production and reduce those cost, I guess demand will increase more.

    But, how about just stopping to use straws and drinking coffee or juice directly from cup? It should be more eco.

  • paper straws: the microchip of this generation!

  • This is the same company we featured in Editors Picks a few weeks ago. They were rumored to have 5,000% growth last year.

    Looks like some big money is betting that paper straws is not a fad.

  • A nice win for the good guys. I hope Aardvark was able to get a huge premium and that the employees all enjoyed some upside. It’s amazing that there’s only one paper straw manufacturer in the U.S.

  • Who knew that a paper straw company would be the hot acquisition of 2018?!

  • According to fortune, There 8 big companies are ditching plastic straws. List goes like : Hilton, Hyatt, SeaWorld, American Airlines, Alaska, Marriott, Royal Caribbean and Starbucks. Any companies become a supplier for them makes big bucks!. So I am not surprised with this acquisition.

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