Schmider Papierhülsen

I designed a rough draft for a new logo for Schmider Papierhülsen GmbH (Just for fun). The company is an innovative manufacturer of drinking straws made of paper and grass, cardboard tubes for industry, trade and pharmacy.

I don't like the current logo (second image) and it's not really functional.
I wanted to adopt the tube shape, but simplify it a lot. You can also perceive an abstract S from the shape. What do you think of the update? I would be happy about feedback.

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