Greif, Inc. is finalizing construction on their new bulk corrugated manufacturing facility in Dallas, Texas. Scheduled to open later this spring, the new facility will significantly expand Greif's capacity in the bulk corrugated business and create opportunities in the South and Southwest regions of the United States, as well as Mexico. The Greif CorrChoice Dallas plant will primarily make triple wall sheets and jumbo boxes and will have capabilities that include inline gluing and stitching. These products will serve the industrial and agricultural industries.

O-I Packaging Solutions, along with Revino, announce the introduction of returnable, reusable glass wine bottles to advance​ the​​ ​sustainability of wine packaging​, first rolling out in Oregon and extending soon to the west coast​​. O-IPS, a global manufacturer of sustainable glass packaging, will locally produce more than 2.4 million reusable glass wine bottles as part of Revino’s return system. Revino was founded to revive the reusable glass bottle ecosystem for beverage producers and consumers. “Glass packaging for wine is made from pure and natural resources that are inert, infinitely recyclable and reliably preserve the integrity of the wine it packages,” said Randy Burns, Chief Sustainability and Corporate Affairs Officer for O-I Glass. “By extending the use phase of the glass packaging through return and refill winery partnerships, Revino is maximizing the sustainability of packaging for environmentally conscious wine producers.” ​​On average, a reusable glass bottle can be reused 25-50 times before being retired and recycled into new glass packaging.

Berry Global Group, Inc. and Glatfelter Corporation announced the achievement of a regulatory milestone in the proposed transaction involving the combination of a majority of Berry’s Health, Hygiene and Specialties segment to include its Global Nonwovens and Films business (“HHNF”) with Glatfelter, with the expiration of the required waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act. As previously announced on February 7, 2024, Berry and Glatfelter entered into a definitive agreement under which Berry will spin-off and merge its HHNF business with Glatfelter in a Reverse Morris Trust transaction. The transaction will create a leading, publicly-traded company in the specialty materials industry. The transaction is expected to close in the second half of calendar 2024 and is subject to approval by Glatfelter shareholders and completion of customary closing conditions.

International Paper and DS Smith Plc announced that they have reached agreement on the terms of a recommended all-share combination (the "Combination"), creating a truly global leader in sustainable packaging solutions. The terms of the Combination value each DS Smith share at 415 pence per share1, and will result in IP issuing 0.1285 shares for each DS Smith share, resulting in pro forma ownership of 66.3 percent for IP shareholders and 33.7 percent2 for DS Smith shareholders, implying a transaction value of approximately $9.9 billion3. The Combination is expected to close by the fourth quarter of 2024. "Combining with DS Smith is a logical next step in IP's strategy to drive profitable growth by strengthening our global packaging business," said Mark S. Sutton, Chairman and CEO of IP. "DS Smith is a leader in packaging solutions with an extensive reach across Europe, which complements IP's capabilities and will accelerate growth through innovation and sustainability. We are confident this combination will drive significant value for our employees, customers, and shareholders."

As a global leader in the development of value-added dispensing closure solutions, Aptar Closures continues to deliver on its commitment to design for recyclability while providing convenience and safety to end-consumers. One of the most recent introductions to the market is Future Disc Top, a fully recyclable* closure that was also made to withstand the rough e-commerce journey to provide peace of mind to brands and consumers. Ideal for the beauty and personal care categories, Future Disc Top stands out on several fronts. Made entirely from polyethylene (PE), which is one of the most commonly recycled packaging materials in the world today, it allows brand owners to deliver more recyclable packaging for a wide range of products. This is the first of its kind in the market, helping to solve the problem of mixed-material packaging, where only the container itself can be recycled. To ensure full recyclability, Future Disc Top should be paired with a suitable PE or PET bottle. Notably, a version made from post-consumer recycled (PCR) content is also available, further demonstrating Aptar Closures’ commitment to providing strong solutions aligned to circular economy principles, and to helping brands deliver on their sustainability promises.

Following its recent acquisitions of packaging sites in Hungary, Poland, and Czech Republic, Coveris’ acquisition of Hadepol Flexo will mark the company’s fourth acquisition in CEE and the continuation of its strategy to invest in selected geographies and markets. With this deal, Coveris said it has achieved its strategic goal to better balance the operations footprint and become a leader in the CEE markets. The acquisition is subject to customary regulatory clearance and is expected to close towards the middle of Q2 2024. Founded in 1994, Hadepol Flexo operates two production facilities located in Rypin, Poland and specialises in paper and film-based packaging for bakeries and supermarkets, mainly for the domestic market.

Amtech, LLC, an industrial software solutions provider to the packaging industry, has completed its acquisition of Label Traxx and its software suite for the label printing and flexible packaging segments. According to Amtech, the combination further solidifies Amtech’s position as a sought-after industrial software platform to the packaging industry. The combined company will provide software solutions to more than 750 customers and 1,200 manufacturing sites spanning packaging end markets across the globe, including in North America, Latin America and Europe. Label Traxx provides a comprehensive software suite with end-to-end capabilities including ERP, MES, MIS, CRM, and other solutions that are complementary to Amtech. The company serves a diverse, global customer base spanning more than 500 manufacturing sites that supply a wide variety of end markets.

ANDRITZ automation and digitalization experts invite you to join them for a webinar to dive into the future of tissue production – from cutting-edge operational methodologies to artificial intelligence for a more efficient, sustainable, and autonomous tissue production. April 24, 2024 at 11:00 AM GMT (Greenwich Mean Time). Major topics presented: How can digital trends revolutionize tissue production and how can digital integration in plant life cycles be done? What does operational excellence mean and how can it be implemented in new and existing mills? How to reach significant reductions in raw material and energy consumption and thus minimize the environmental footprint? How can the strategy for OT cyber security look like? *Competitive edge in tissue, by Georg Krogger, Director Capital Automation and Digitalization Sales *Metris – simplify operations, by Daniel Schuck, Vice President Digital Solutions *Metris – improve operator experience, by Neeraj Nagpal, Director Digital Products & Solutions *A lifetime of operational excellence, by Erich Gatterer, Director Business Development and Sales, Automation and Digitalization

WestRock Company announced that its FENIX™ Bio Locking Tag has earned the U.S. Department of Agriculture (USDA) Certified Biobased Product Label. The FENIX™ Bio Locking Tag represents a renewable alternative to petroleum-based products, using up to 88% fewer fossil fuel-based plastics than traditional plastic options. These plant-based horticulture tags enable WestRock customers to achieve plastic-reduction goals while ensuring critical functionality in greenhouse, nursery and retail environments. “WestRock is very proud to receive a certification from the USDA recognizing the role our products play in ensuring a more sustainable future,” said Sam Shoemaker, president of Consumer Packaging at WestRock. “Our teams are committed to pioneering technological advances and innovative product solutions to help our customers reach their sustainability goals.”

Metsä Board, part of Metsä Group, inaugurated its upgraded folding boxboard machine in Husum, Sweden, on the 11th of April. In 2016, Metsä Board started up a new folding boxboard machine, BM1, in Husum with a capacity of 400,000 tonnes/year. An investment of EUR 230 million was completed in 2023 to increase the annual capacity of the BM1 folding boxboard machine to respond to the growing demand for sustainably produced packaging materials that support the circular economy. With an increased annual capacity of 600,000 tonnes of folding boxboard, the BM1 is Europe's largest and most modern of its kind and is run with 98% renewable energy. “With the investment in the folding boxboard capacity at Husum, Metsä Board is well positioned to meet the growing demand for fibre-based packaging materials. We are dedicated to supporting our customers with high quality and resource-efficient solutions that help replace fossil-based materials and support the circular economy,” says Mika Joukio, CEO, Metsä Board.

IPG (Intertape Polymer Group) announced that its Danville, VA manufacturing plant, which produces carton sealing tape, stretch film, air pillows, and polyethylene (PE) tape, was awarded TRUE Zero Waste Certification under the TRUE (Total Resource Use and Efficiency) rating system. Administered by Green Business Certification Inc. (GBCI), TRUE helps facilities measure, improve, and recognize zero waste performance by encouraging the adoption of sustainable waste management and reduction practices, which contribute to positive environmental, health and economic outcomes. The Danville, VA facility is the first IPG manufacturing plant to obtain this certification. The IPG Danville team has implemented numerous recycling initiatives over the years and now has a diversion rate of 97.5%. In 2023, the plant diverted over 16 million pounds of material from the landfill, mostly through recycling efforts. By implementing the TRUE Zero Waste program, the plant has enhanced its already robust culture of zero waste.

Beverage makers such as Rockstar and Celsius are innovating to keep their current consumers and reach new ones — and packaging manufacturers are along for the ride. When energy drink manufacturers work with packaging supplier WestRock on projects such as rethinking their multipacks, they have a few requests. “We see the ongoing ask of us as suppliers to do things better, faster, cheaper, more sustainable,” said John Perkins, vice president of global packaging systems at WestRock. It may seem like a laundry list, but it’s critical in the buzzing sector that is energy drinks. Established companies, like Monster and Red Bull, are revamping portfolios and packaging designs.

Georgia-Pacific today announced an investment of more than $150 million to rebuild a paper machine at its mill in Wauna, Oregon. This investment will rebuild a 1965-vintage paper machine into a world-class machine to make paper for Angel Soft® and strategic private label bath tissue. This modernization project helps position the mill and the overall business to continue to be competitive in the market. Engineering and related work has begun, and startup of the machine is scheduled for 2026. At peak construction, 500 construction and contract-related workers are expected to be onsite at the mill. “We are excited to invest in our market leading Angel Soft® bath tissue and strategic private label brands we support," said Vivek Joshi, president of Georgia-Pacific's retail tissue, towel and napkin business. "This investment will allow us to grow these brands and continue to serve our loyal consumers with the great quality they have come to expect.”

The partnership will see the two companies collaborate to accelerate the transition from plastic to paper bags within the e-commerce marketplace in Europe at scale, and the solutions will be available to customers across all DS Smith markets in Europe. DS Smith and Jonsac will provide an product range to meet customer requirements while looking ahead at the types of packaging solutions that will be valuable for the ecommerce sector in the future, in line with key market requirements and fast changing consumer trends. The bags will be 100% fibre-based and recyclable, and DS Smith customers will benefit from the opportunity to order consignments at high-volume in support of their ecommerce activities. The new agreement between the companies represents an addition to an existing arrangement where Jonsac supply paper bag packaging solutions to DS Smith customers within the Nordics region.

After promising results from the ongoing demonstration phase, Metsä Group has decided to conduct, in parallel with the demo phase, a pre-engineering project related to a possible first commercial-scale factory. Muoto™ packages are renewable and recyclable bioproducts that can be utilised in, e.g., takeaway, berry, tray, and combo packaging. Metsä Group’s innovation company Metsä Spring has decided to start a pre-engineering project for the first commercial factory producing the new packaging solution, Muoto™. Muoto products are wood-based alternatives to plastic packaging. Pre-engineering is a key planning phase, after which Metsä Group will have the conditions of factory planning in place to consider deciding on the factory investment, and it is expected to be completed in early 2025. Based on the outcome of pre-engineering and the continued work in the demo phase, mainly using a unique demo plant in Äänekoski, Finland, Metsä Group will assess the possibility of starting this new business and investing in a factory to support that business. Metsä Group has already decided that the possible factory would be located at its Rauma site in Finland.

Sonoco Products Company and ENGIE North America announced that they have entered into a Virtual Power Purchase Agreement (“VPPA”) for production from ENGIE’s Big Sampson Wind Project (“Big Sampson”), a wind power project currently under construction in Crockett County, Texas. Under the VPPA and subject to certain conditions, Sonoco and ENGIE have agreed to contract for an estimated 140 megawatts of electricity per year, representing approximately 48% of Sonoco’s U.S. electricity consumption in 2025 and approximately 52% of the expected output capacity of Big Sampson, for a term of 15 years commencing upon Big Sampson’s entry into commercial operation. The VPPA represents another step in Sonoco’s integrated approach to corporate sustainability. The Company aims to reduce global Scope 1 and Scope 2 emissions by 25% by 2030 from a 2020 baseline through various corporate initiatives, including improved packaging design, installing energy-efficient equipment and procuring renewable energy sources. The VPPA is an example of these efforts, with renewable energy credits acquired under the VPPA expected to help reduce Sonoco’s baseline carbon emissions by approximately 14%.

Today’s food and beverage (F&B) companies are poised to minimise plastic as a favoured2 packaging material, as recent research has unveiled that three out of the top five commitments made by business leaders to address sustainability challenges include the reduction of plastic usage.3 Tetra Pak’s research examined F&B manufacturers’ attitude to sustainability, now and in five years' time.4 Half of the surveyed businesses pinpointed consumer demand as the main catalyst behind implementing new sustainable solutions within the manufacturing and processing arena. This echoes the sentiment found in a separate Tetra Pak consumer study on packaging.5 It found the intention to buy among almost three out of four respondents (74%) would increase if a brand talked about environmental topics,6 while 42% believe that an “environmentally sound package” justifies a higher price,7 providing the industry with a reassuring case for adopting a business model that reduces environmental impact.

In the dynamic landscape of biological research, efficient preservation of nucleic acid samples is crucial for unlocking insights into the genetic makeup of various organisms. However, this task can prove challenging, particularly in the case of plant specimens where degradation can occur rapidly. For this purpose, Ahlstrom, a global leader in life sciences and molecular diagnostics, announces the extension of its specimen collection cards portfolio with the addition of LeafSaver, a card designed for the collection, transport, and storage of plants, fungi, insects, and parasites. Unlike traditional preservation methods, which often require freezing or refrigeration, Ahlstrom LeafSaver allows DNA preservation directly on the card at ambient temperature. This eliminates the need for specialized storage conditions, simplifying logistics, bringing sustainability benefits and reducing costs associated with cold chain transportation. The card can also be shipped by regular mail without the need for plastic wrapping, such as a plastic envelope or bag.

International Paper Company is pleased to provide an update on its possible offer for DS Smith plc, pursuant to which International Paper would acquire the entire issued and to be issued share capital of DS Smith. International Paper confirms that significant progress has been made in reciprocal due diligence as facilitated by the DS Smith Board and Management, and that it is now in a position to provide shareholders with more detail on the type and quantum of synergies it believes would arise from the Combination. Corrugated packaging solutions is a core component of DS Smith's business. Due diligence has confirmed International Paper's belief that the Combination will significantly strengthen the combined packaging business and customer offerings – with packaging representing 84% of International Paper's current sales, approximately $1.5 billion (£1.2 billion1) of which is driven from European sales.

Inteplast Group acquired Brown Paper Goods, which is now rebranded as Brown Paper Products (BPP). The paper manufacturer is located in Waukegan, IL, and Coppell, TX, with four locations comprising plants and warehouses. Brown Paper Products will operate under Inteplast Group’s IBS Division. In 2023, leading sales for Brown Paper Products include pinch bottom bags for various prepared hot and cold foods; sandwich, foil, and sub wraps; self-opening sacks; tin tie bags, butcher and freezer rolls, and more. Group President Dr. John Young welcomed BPP Owner Allen Mons via an internal announcement on Wednesday, April 3. “We are honored and humbled to welcome a great dedicated team led by Allen. Brown’s century-old reputation for service and quality is well-known to the marketplace, and we intend to continue the same legacy under Allen’s leadership. We are also happy to be able to address our customers’ needs as part of an ever-changing and evolving landscape that also mirrors our own drive towards supporting a circular economy as applied to both paper and plastics packaging,” Dr. Young said.

Adestor by Lecta, Lecta's self-adhesive material branch, is proud to announce its platinum partnership with RecyClass, a key European initiative promoting plastic recyclability. This partnership reflects Adestor's ongoing commitment to minimizing environmental impact and accelerating the transition towards a circular economy within the labelling industry. Adestor by Lecta actively collaborates with customers, suppliers, and industry partners to drive circularity throughout the entire value chain. This collaboration is especially crucial for market segments heavily reliant on self-adhesive plastic materials like PP and PE, such as cosmetics, home care, electronics, and beverages. RecyClass, a non-profit organization, brings together stakeholders across the plastics value chain to improve recyclability, enhance transparency in plastic waste origin, and establish standardized methods for calculating and tracking recycled plastic content in Europe.

CANPACK Group and BA Glass announce that on April 2nd they have finalized the sale of CANPACK’s Glass operations in Poland to BA Glass. Consequently, the glass plant located in Orzesze was transferred to BA Glass and became part of its operations in Poland. Marius Croitoru, CANPACK Group CEO stated: “As we close this transformative chapter with the sale of CP Glass assets, we are strategically aligning our focus on our core businesses and maximizing value for our stakeholders. The proceeds from this transaction will empower CANPACK to further support our general corporate objectives. We extend our heartfelt acknowledgments and best wishes for continued success to our former colleagues. Together, we’ve built a legacy, and we look forward to their great success as part of BA Glass.” Tiago Moreira da Silva BA Glass CEO added: “For BA Glass Group this acquisition fulfills an objective long waited for the group in Central Europe. To have a greater representation in the market and to diversify its portfolio of products has always been limited to our capacity, now, with CP Glass, we will be able to do it and better serve the Central European market. We are happy to have finalized this operation and eager to start integrating CP Glass in our values and vision.”

The new state-of-the-art 4-colour converting machine will produce the well-known FEFCO 0201 bespoke boxes and alternative grades for customers. It is currently in start-up phase and equipped with an advanced automatic inline error detection system. The computer-controlled technology will check the quality of the printing and gluing and enhance the accuracy of the machinery while applying additional preciseness to the die-cutting lines in the packaging and folding process. Philip Bautil, Managing Director of DS Smith Benelux: “We are thrilled to take this new step in our ongoing commitment to excellence and sustainability. This investment underscores our dedication to delivering high-quality packaging solutions that meet the needs of our customers while contributing to a more sustainable future,”

Papira® by Stora Enso proudly supports Baiba Glass – literarily. Our fiber-based and fully recyclable cellulose foam makes sure that Baiba’s fragile pieces safely find their way to show rooms and new homes all over the world. Glass artist Baiba was in need for a packaging solution that would protect her artwork without compromising on neither aesthetics nor sustainability. In Papira® by Stora Enso, she found a lightweight solution with excellent shock absorbing properties to support her pieces. All while providing a sustainable, streamlined and smart looking package. Papira® was cut into a perfect fit for Baiba. And in collaboration with the sustainable paper cable tie FibreStrap, Stora Enso designed a packaging solution that is bio-based, recyclable, and biodegradable – made of materials from sustainably managed forests. All while staying coherent with the Baiba brand. “Baiba Glass creates unique art pieces, and the packaging should reflect the essence of this. There is so much thought behind every piece, and we loved the challenge to capture the beauty and intention in the box as well as in the opening experience”, says Paula Martirez, Business Development Manager at Stora Enso.

This strategic acquisition positions us for accelerated growth, enhanced capabilities, and a strengthened ability to deliver exceptional value to our customers and stakeholders in Eastern Europe. With a specific focus on fast-moving consumer goods (FMCG) customers, Bosis doo is particularly well-suited to complement our regional strategy, which emphasizes sustainable performance packaging and targets further growth opportunities in the region. DS Smith and Bosis doo will leverage their collective strengths and expertise to offer innovative packaging solutions. Plastic replacement is a key focus area for us, and we recently achieved the milestone of over 762 million units of plastic replaced since March 2020. We continue to work closely with customers to help them address their sustainability goals and we will seek to accelerate this progress in the East Region.

Ahlstrom, the global leader in masking and packaging tape base papers, has finalized an investment to upgrade and convert a paper machine in its Thilmany plant in Wisconsin, USA, to produce stretchable creped base papers for masking tape and is now ramping up the production. The new investment adds a crepe paper production capacity of 30,000 tons per year. “This investment is a response to our customers’ increased volume demand and their need to move towards a more regional material supply. With the investment, we can better focus our assets in Asia and Europe to supply their nearby markets, and we will now enhance our capability to supply the markets in the Americas through this new investment,” says Sohrab Kazemahvazi, Vice President for Ahlstrom’s Tape business.

Crown Holdings, Inc. has received the Aluminium Stewardship Initiative (ASI) Chain of Custody (CoC) Standard V2 (2022) Certification for its Mexican operations—the latest addition to a series of responsible sourcing credentials around the globe. By monitoring materials into their downstream stages, the certification aims to verify whether organizations maintain due diligence as their products move throughout their complete life cycles. For Crown, this achievement underscores a commitment to transparency and demonstrates a focus on product stewardship as part of the Company's Twentyby30™ sustainability program. The ASI CoC Standard V2 applies to the production of beverage cans, can ends and ROPP closures at Crown Mexico facilities, including Crown Ensenada, Crown Guadalajara, Crown Toluca, Crown Latas Monterrey, Crown Cierres Monterrey and its headquarters in Monterrey, Mexico. Comprising a collective annual production capacity of 6.85 billion beverage cans, 6.7 billion can ends and 400 million ROPP closures, the facilities originally received Performance Standard V2 (2017) in January 2022.

Greif, Inc. announced that it has completed its previously announced acquisition of Ipackchem Group SAS ("Ipackchem"). "We are thrilled to welcome an exceptional 1,400 Ipackchem colleagues to Greif," said Ole Rosgaard, President and Chief Executive Officer of Greif. "Adding Ipackchem to the Greif portfolio is another key step forward in executing our Build to Last strategy and helps unlock significant new capabilities and market opportunities to further grow as a world leader in high-performance small plastic containers and jerrycans. Our teams have been planning our integration strategy over the past several months, which we will begin implementing immediately post-closing to drive incremental benefits, support future growth, and capture our targeted $7 million of synergies. I would like to extend my deep gratitude to every member of the Greif and Ipackchem team for their unparalleled dedication and excellent collaboration in planning post acquisition integration.”

On 21 March 2024, a gas explosion occurred at the evaporation plant of Metsä Board's associated company Metsä Fibre's Kemi bioproduct mill. Three people were slightly exposed to hydrogen sulphide and were referred for a health check. The persons have returned to work after the check. Metsä Board's Kemi board mill, which produces white kraftliner, is part of the Kemi integrated mill. Metsä Board's board mill was not damaged in the explosion, but the mill is not operational because unbleached pulp cannot be produced without the chemical recovery of the bioproduct mill. Due to repair work of the evaporation plant at the bioproduct mill, Metsä Board's board mill is currently estimated to be out of production for approximately 10–12 weeks. The company investigates the possibility of restarting the board production at a significantly lower production level than normal during the repair work at the bioproduct mill. In addition, the company explores possibilities to offer alternative products to customers.

We partnered with Filir d.o.o, a distributor of some of the world’s best known confectionary brands to Croatia, to remove traditional plastic packaging for Easter snacks and candies and replace with a sustainable fibre-based solution in time for Easter. The new packaging is 100% recyclable sustainable packaging solution and designed to contain less materials and minimise waste. It has an extended lifecycle for reuse as a gift bag. Key features include a locking system that is intended to prevent the chocolate boxes from being opened before use. The product is part of a unique ‘unboxing’ experience whereby the product inside is intended to be a surprise. The chocolate boxes are easy to assemble and fitted with a corrugated cardboard carry handle for additional versatility and usability.

The FPA Achievement Awards have showcased packaging industry innovation since 1956. This year, there were a record 333 entries, with 22 ultimately honored. Amcor’s eight winning entries span a range of packaging applications and categories: *McCoy™ Dunnage Free IBC Liners for bulk aseptic products received three awards: Gold for Sustainability, and Silver for Expanding the Use of Flexible Packaging, and Technical Innovation. *Tyson Foods Foam Tray Replacement with Forming/Non-forming Film earned a Silver Award for Sustainability. *HealthCare™ AmSky™ Blister System was honored with a Silver Award for Sustainability. *Dual Function Frozen Yogurt Package received three awards: Gold for Technical Innovation, and Silver for Expanding the Use of Flexible Packaging, and Packaging Excellence.

We’ve partnered with sustainable cable tie pioneer EVLR International to introduce FibreStrap to North America. FibreStrap is the world’s first fiber-based zip tie, designed to replace the traditional plastic cable tie when bundling, securing, or attaching items. FibreStrap’s patented design makes it easy to replace current plastic zip tie solutions in nearly any industry. FibreStrap is made from sustainable forest products, reduces carbon emissions and water usage by more than 80 percent, and has the performance characteristics required by the most demanding applications.

Navigator Paper UK Limited is pleased to announce it has launched a public all-cash firm offer to acquire the entire issued and to-be-issued share capital of Accrol Group Holdings plc, a tissue paper converter based in the United Kingdom (UK). The offer is being implemented pursuant to a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act. Accrol is a leading tissue converter and supplier of toilet tissues, kitchen rolls, facial tissues, and wet wipes to many of the UK's leading discounters and grocery retailers across the UK.

The close collaboration between Koehler Paper and Leipzig-based chocolate manufacturer nucao is paying off: nucao chocolate bars will be packaged exclusively in paper with immediate effect. The flexible packaging paper “Koehler NexPlus® Advanced” from Koehler Paper, which has excellent oxygen, mineral oil, and grease barrier properties is not only suitable for packaging of chocolate-coated fruit products. The 100 percent recyclable paper is suitable for vertical packaging machines and now also for processing on horizontal packaging machines. Over the past few months, the Koehler Paper team worked together with researchers and developers from Koehler Innovation & Technology to develop the flexible packaging paper “Koehler NexPlus® Advanced” for use on horizontal packaging machines. “From a technical point of view, this is revolutionary as vertical packaging machines have a very high production speed. Paper needs excellent strength properties to be processed in this way, without being too thick for the machines to handle it,” explains Alexander Rauer, Head of Business Development for flexible packaging paper at Koehler Paper.

Metsä Board announced on 15 September 2022 that it will start pre-engineering for a new folding boxboard mill in Kaskinen, Finland. The pre-engineering has now been completed and Metsä Board has decided not to proceed with the investment in the Kaskinen folding boxboard mill. The total cost of the planned investment was significantly higher than originally estimated, meaning that the targets for payback time and return on capital employed would not have been met. Metsä Board has decided to launch programmes for new product options as well as growth and development investments at its existing mills in order to implement its strategy to grow in fibre-based packaging materials and renew its industrial operations. The programmes will support Metsä Board's target of fossil-free production by the end of 2030. In addition, the company will continue to develop packaging solutions that reduce the use of plastics.

UPM Specialty Papers and Fazer have jointly developed a new type of packaging for Fazer's Oat Rice Pies. Traditional plastic laminated packaging paper has been replaced with an innovative paper solution, which is easier to recycle and does not compromise the protection it provides the rice pies inside. The award-winning packaging has been recognized in the WorldStar, ScanStar and New Wood competitions and can already be found in the chill food aisles of Finnish supermarkets. The new Fazer Oat Rice Pie packaging is in line with both Fazer's Sustainable Packaging Vision and UPM's Biofore strategy. The new packaging solution is the result of more than two years of long-term development work to ensure the recyclability of the packaging without compromising food safety and the quality of the rice pies.

Colbert Packaging announces the promotion of Account Executive Ryan Hart to the role of Vice President, Sales and Marketing. Ryan has led a successful career in the packaging industry since 2002 when he joined Barger Packaging in Elkhart, Indiana. When Colbert acquired the Barger facility in March 2004, Ryan joined Colbert and transitioned into a sales role where he was responsible for new business development, gaining valuable experience early in his career. “I am passionate about forging deep relationships with my customers through unparalleled responsiveness, and fostering enjoyable, solution-driven experiences for customers and prospects alike,” states Hart. In this new role, Ryan leads Colbert’s sales and marketing efforts in pursuit of growth opportunities across multiple industries with a core focus on the healthcare sector.

Eco-Products® announced today that it has added a variety of paper bags, sandwich wraps and other items to its GreenStripe® line of compostable products. The products, available now as part of the Eco-Products bundle, are made with no-added PFAS and are ideal for restaurants, supermarkets, convenience stores, bakers, concessions and other foodservice operators. Each of the products is certified by the Biodegradable Products Institute, meaning all have undergone rigorous testing to prove they are compostable in commercial facilities.

Amcor announced that after nine years as Chief Executive Officer (CEO), Ron Delia has informed the Board of Directors of his decision to retire from the Company and step down from the Board for health reasons, effective April 15, 2024. The Board has appointed Peter Konieczny, Amcor’s current Chief Commercial Officer and a long-standing member of the Company’s Global Management Team, as Interim CEO. Mr. Delia will provide continued support in an advisory role until September 30, 2024, to facilitate the transition. The Board is conducting a thorough search process to identify a permanent successor for the CEO role, which will include internal and external candidates.

ProAmpac announced the acquisition of UP Paper, a leading producer of recycled kraft paper. Terms of the transaction were not disclosed. “The UP Paper team has done an incredible job building this great business. We look forward to building on their existing relationships and production expertise to serve our customer base with a broader suite of sustainable packaging products,” said Greg Tucker, Founder, Vice Chairman and Chief Executive Officer of ProAmpac.

Koehler Paper has launched the world’s lightest heat-sealable flexible packaging paper - Koehler NexPlus® Seal Pure 36 gsm. Despite its low grammage, Koehler NexPlus® Seal Pure 36 gsm has high strength and is ideal for further processing on commercially available packaging machines for horizontal packaging formats, such as flow packs and wrapping paper. The paper’s outstanding surface makes it suitable for flexographic, digital, and gravure printing. The low grammage of Koehler NexPlus® Seal Pure 36 gsm helps to reduce the use of materials in its production, saving valuable resources without having to compromise on essential properties for packaging paper.

Seaman Paper, a leading global manufacturer of environmentally sustainable specialty paper and packaging solutions, today announced the launch of SeaStretch™, a patented lightweight paper-based alternative to single-use plastic stretch film used to wrap and contain shipping and storage loads. Amidst growing concerns about plastic pollution and pending legislation aiming to curb single-use plastics – such as SB 54 in California – which mandates all single-use packaging must be recyclable or compostable by 2032, SeaStretch™ emerges as a timely and innovative solution. SeaStretch™ is a fully recyclable, FSC™ certified, crepe paper solution that is compatible with existing hand-wrapping, semi-automated, and automated pallet wrapping machines. SeaStretch™ is incredibly lightweight (42 gsm) and incredibly durable, stretchable, and highly resistant to tearing, making it the ideal packaging solution for pallet wrapping.

Silvernail has two decades of experience leading global companies in the manufacturing and technology sectors. He joins IP from KKR & Co., Inc., a global investment firm, where he served as an executive advisor. Silvernail served as the Chairman and CEO of Madison Industries, one of the world's largest privately held companies. Prior to that, Silvernail served as Chairman and CEO of IDEX Corporation from 2011 to 2020. Employee engagement reached best-in-class performance and total shareholder return grew by more than 500% during his tenure at IDEX. Silvernail previously held executive positions at Rexnord Industries, Newell Rubbermaid and Danaher Corporation. He currently serves on the Board of Directors of Stryker Corporation. International Paper Lead Director Chris Connor said, "Andy is an experienced CEO with an extensive track record for creating value. His strategic agility, core values and drive for results align with and will enhance IP's outstanding leadership team. We are confident that he is the right person to build on the success achieved under Mark Sutton's leadership."

According to its 17th Sustainable Development Report published today, Smurfit Kappa has achieved its targets on: *Waste: achieving a 35.8% reduction in waste sent to landfill, ahead of its 2025 target of 30% (24% in 2022) *Forestry: achieving 95.5% of packaging sold with Chain of Custody certification, ahead of its 2025 target of 95% (94.3% in 2022) *Communities: €25.6 million donated to support social, environmental and community initiatives, ahead of its 2025 target of €24 million (€18.4 million in 2022) *Diversity: 25.1% of management positions were held by women at the end of 2023, ahead of its 2024 target of 25% (23.5% in 2022).

Fourth quarter 2023 net income (loss) was $(35.6) million compared to $(3.9) million in the fourth quarter of 2022. Net income (loss) from ongoing operations, which excludes special items, was $(0.1) million in the fourth quarter of 2023 compared to $0.5 million in the fourth quarter of 2022. Full year 2023 net income (loss) was $(105.9) million compared to $28.5 million in 2022. Net income (loss) from ongoing operations was $(4.7) million in 2023 compared to $39.5 million in 2022.

SLP Resources Bhd will spend RM20mil to upgrade and expand its production capacity in 2024 to meet rising domestic demand for its flexible plastic packaging products. Group managing director Kelvin Khaw told StarBiz that in 2023, the domestic market contributed about 60% to the group’s revenue. “We expect the trend to continue this year as Malaysia’s gross domestic product (GDP) is forecast to grow between 4% and 5%.

Pitt Plastics staff, along with the Pittsburg Chamber of Commerce Koehn Construction Services, and key city staff gathered on East Atkinson Avenue at a groundbreaking ceremony for the new facility. The expansion will result in additional jobs at a scope to be determined upon the project’s expected completion by January 2025. Pitt Plastics is an Inteplast Group affiliate company within the IBS Division. The 200,000 sq.-ft. facility will house racked, finished goods, and also encompass 14,000 square feet of office space. Currently, the existing site is 300,000 square feet and employs approximately 350 manufacturing professionals serving consumer, commercial, healthcare, and foodservice markets. Pitt Plastics General Manager Aron Jahr said that Pittsburg and the surrounding areas in Crawford County have supported the company’s growth for more than five decades.

Neenah Industrial Solutions, a Mativ brand and leading manufacturer of critical components and specialty solutions, announces a name change and rebrand to Indafor. The rebrand provides the perfect opportunity for Neenah Industrial Solutions to move beyond the legacy parent company Neenah-based name and adopt a new name, look, contemporary website, and updated marketing collateral, resulting in the launch of the Indafor brand in March of 2024. The new Indafor name pays homage to the brand’s more than a century-old history of strength, innovation, and industrial solutions by marrying the words industrial and the Latin word for strong, fortis. The brand’s tagline, “Where it all comes together,” positions it for a future of continued partnership, process, and progress in pressure-sensitive tape backings, performance labels, medical packaging, dispersible technology, abrasive backings, and specialty paper markets.

Aptar announced the next phase of its global capacity expansion plan in North America, at its Aptar Congers, New York site. This investment will help Aptar meet the growing prescription and consumer healthcare customer demand for proprietary drug delivery systems in North America. The North America Capacity Extension will benefit local customers. Manufacturing began at Aptar Congers in 2002 with a cleanroom and the production of Aptar Pharma’s VP3 pumps, and today the site manufactures a wide range of proprietary drug delivery products for nasal and injectable delivery routes. To support increasing patient demand for systemic nasal delivery, Aptar Pharma is significantly expanding the manufacturing capacity of its proprietary Unidose (UDS) Nasal Spray Systems via the addition of molds and assembly lines in cleanroom manufacturing settings, with the additional capacity planned to come online in Q4 2024.

Metalvac FP is Lecta's metallized paper designed for flexible packaging applications that do not require any specific barrier properties, suitable for final applications like chocolate and ice cream cone wrappers as well as other food packaging applications without barrier requirements. The main feature distinguishing this metallized paper is the special treatment applied to it, in accordance with current regulations, to prevent it giving off odors that could alter the smell and taste of food. Metalvac FP undergoes a sensory test whereby the tiniest trace of unusual smells and taste can be detected. Additionally, our paper has several characteristics that make it suitable for this kind of application. The most important are flexibility to be adaptable to various packaging formats, strength and printability for vibrant, high-quality graphics designs and branding.

Ox Industries is increasing efficiency and production capacity with a $5 million investment in new high-speed converting lines across multiple facilities. This sophisticated technology will positively impact the productivity of Ox Industries’ vertically integrated tube and core and protective packaging plants and seamlessly merge with current operations and Ox-owned URB (uncoated recycled paperboard) mill network. Each converting line will have the most innovative automatic roll handling and finished product packaging technology to improve ergonomics, decrease on-the-job injuries, increase productivity, and enhance quality control. All lines will be fully operational in 12 months as Ox Industries strives to be the number one supplier of paper tubes and cores and green protective packaging.

Inteplast Group’s biaxially oriented polypropylene (BOPP) Films business unit has received ISCC (International Sustainability & Carbon Certification) PLUS certification for three facilities: Gray Court, SC; Lolita, TX; and Morristown, TN. Inteplast BOPP Films can now produce and supply ISCC-certified materials that are attributed via a mass balance approach. This makes the company one of the first North American BOPP film manufacturers to hold the ISCC PLUS designation and aligns with its sustainability goals. Paul Marquard, general manager and VP of BOPP Films, says that the ISCC PLUS certification’s mass balance approach fortifies circular economic development and makes waste a restorative resource.

Integrated plastics manufacturer Inteplast Group has secured International Sustainability and Carbon Certification (ISCC) PLUS verification for its three US-based biaxially oriented polypropylene (BOPP) film facilities. The facilities are located in Gray Court, South Carolina; Lolita, Texas; and Morristown, Tennessee. This certification positions Inteplast as one of the first North American manufacturers of BOPP film to obtain ISCC PLUS designation. It will enable Inteplast’s BOPP Films segment to produce and supply materials that are attributed through a mass balance approach.

Earnings as expected below previous year’s record level. • Sharp decline in demand and significant market- and capex-related downtime at MM Board & Paper weigh on results • Strong profit performance at MM Packaging • Comprehensive modernisation programme to increase competitiveness of MM Board & Paper implemented • Successful integration of last year’s acquisitions in the resilient area of pharmaceutical packaging • Positive volume trend for MM Board & Paper at beginning of 2024, however pressure on margins is continuing. Peter Oswald, MM CEO, comments: “After the record result of the previous year, the MM Group faced a significantly lower demand in the paper and cartonboard industry as well as increasing price pressure in 2023. In addition to destocking in the supply chain, inflation-related changes in consumer behaviour which led to lower consumption of everyday goods and the overall economic slowdown in our European main markets were the main causes.

Kimberly-Clark's U.S. Huggies® Brand and select Bright Horizons™ child care centers throughout Boston are teaming up on a new pilot program that aims to offset the environmental impact of used diapers and wipes going to landfill by turning it into electricity, heat or fuel through a process known as Waste-to-Energy. Based on preliminary estimates, over the next year, the pilot program is expected to result in thousands of pounds of trash being diverted from local landfills. "Huggies is passionate about providing innovative solutions to better serve consumers and communities," said Matt Barresi, North American Vice President of the Huggies Brand. "Whether it's having the original Leak Lock® blowout blocker since 1997, a 20% thicker baby wipe* or a solution to help keep diapers and wipes out of landfills, we're proud to partner on this breakthrough program to help create a more sustainable environment."

In alignment with Inteplast Group’s sustainability goals, the BOPP Films business unit has received ISCC (International Sustainability & Carbon Certification) PLUS certification at the following facilities: Gray Court, SC; Lolita, TX; and Morristown, TN. Inteplast BOPP Films can now produce and supply ISCC-certified materials that are attributed via a mass balance approach.** This makes the company one of the first North American BOPP film manufacturers to hold the ISCC PLUS designation. Paul Marquard, general manager and vice president of BOPP Films, said that the ISCC PLUS certification and its mass balance approach fortifies circular economic development in the 21st century, making waste a restorative resource. “Inteplast BOPP Films is committed to embracing the principles of a circular economy, which will shape our operational procedures and product innovation. With our ISCC PLUS certification, we are equipped to provide cutting-edge recycling solutions that align with the objectives of packaging converters and consumer product companies,” Marquard explained. “Ultimately, our certified materials contribute to a significant reduction in the utilization of fossil-based virgin plastics within packaging.”

Soilfood is processing the fibre-based side streams generated in the production of paperboard from manufacturer Metsä Board, into various soil improvement fibres for local farms. Soilfood has previously used these side streams from Metsä Board's board mills at Kemi and Äänekoski. Now the cooperation has been extended to the Tako mill, located in the centre of Tampere. Metsä Board's cooperation with Soilfood started with a research project initiated in 2015 by the Natural Resources Institute Finland. The study looked at how wood-based fibre sludge had the ability to reduce erosion and nutrients leaching from fields to water bodies. The large-scale use of side streams is part of a new circular economy approach, where raw materials are kept in use as long as possible and existing materials are re-used. The two companies are also working together to develop other new solutions for the beneficial use of existing production side streams. "Our goal is to have zero landfill waste from the processes of our paperboard mills after 2030. Currently, more than 99 per cent of our production side streams are used either as materials or energy.

Kruger Products Inc. announced a major increase in its production of Scotties® facial tissues at its Richelieu Plant in Gatineau, Québec. The announcement was made in the presence of Christopher Skeete, Québec Minister for the Economy; Suzanne Tremblay, the Member of the National Assembly for Hull, and Michel Manseau, Senior Vice President and General Manager, Consumer Products – Canada, Kruger Products. Through this expansion project, which received investments totalling $14.5 million and created 16 jobs, Kruger Products commissioned a new facial tissue converting line at its Richelieu Plant in November 2023. The additional equipment will increase the production of facial tissue by 25%. Another component of the project will be rolled out at the Laurier Plant, also in Gatineau, where new equipment will collect tissue production residues. With a view to the circular economy, the residues will be repulped for the manufacture of value-added projects. This component, which is expected to be completed in June 2025, will also enable the Laurier and Richelieu Plants to increase their productivity.

Mondi, a global leader in sustainable packaging and paper, has been awarded the coveted Fastmarkets PPI Award in the Product Innovation category for its Advantage StretchWrap for pallet wrapping. Advantage StretchWrap is a recyclable kraft paper that is made from responsibly sourced materials. Mondi developed it to stretch and resist punctures, making it ideal for replacing the plastic stretch film that has traditionally been used for pallet wrapping and transportation. Advantage StretchWrap has 62% lower greenhouse gas (GHG) emissions when compared to virgin plastic stretch film, and 49% lower GHG emissions when compared to plastic film made with 50% recycled content, according to a peer-reviewed independent life cycle assessment. The Product Innovation Award is presented to companies that demonstrate how a newly developed product solves an existing need or problem. Mondi’s Advantage StretchWrap which is 100% kraft paper, delivers excellent protection for palletised goods due to high strength, puncture resistance and tension absorption.

Pharmaceutical product packaging accounts for a large part of manufacturers’ Scope 3 emissions, which consider, for example raw material production, manufacturing, and end-of-life disposal. According to Metsä Board studies, fresh fibre paperboard can notably reduce the carbon footprint of pharmaceutical packaging by optimising the paperboard in use. Assessments* conducted by Metsä Board demonstrate the significant carbon footprint reductions that pharmaceutical manufacturers can achieve by switching from commonly used grades to Metsä Board fresh fibre paperboards. The lower carbon footprint of Metsä Board’s folding boxboards, compared to the above mentioned boards, is due to the use of fossil free energy in their production and their lighter weight. However, despite the lighter weight, Metsä Board’s folding boxboards still retain the durability and functional properties of traditional heavier grades.

Huhtamaki is planning to consolidate the production footprint in China in the Fiber Foodservice Europe-Asia-Oceania segment and will close its production sites in Tianjin and Shanghai by the end of Q2 2024. The production will be transferred to the manufacturing site in Guangzhou. Additionally, Huhtamaki continues production at the site in Xuzhou. The decision affects 154 employees in the two sites. Huhtamaki will support the impacted employees and provide assistance in finding new employment. The aim of the consolidation is to optimize the manufacturing footprint, improve the competitiveness and strengthen the foundation for future growth in the region. The announced change is part of Huhtamaki’s program to accelerate strategy implementation, announced in November 2023, expected to materially support the profitability of Huhtamaki with efficiency improvements leading to savings of approximately EUR 100 million over the next three years.

Plastics producer, which has a recycled-content product line, will attend the Flexible Packaging Association’s annual meeting to seek customer feedback on sustainability issues. Inteplast Engineered Films (IEF) and Inteplast BOPP Films, makers of packaging films based in Livingston, New Jersey, says it will have staff members at a March business conference in order to “dive deeper into the fluid and frequently shifting landscape of sustainable packaging.” The packaging materials firm, known collectively as Inteplast Group, says it will have a presence at the Flexible Packaging Association’s 2024 annual meeting in Tucson, Arizona, this March 20-22. “We’re very excited about joining the FPA,” says IEF President Bob Stein. “As a guest at the fall 2023 meeting, I found the association’s agenda to be very relevant to IEF and our focus on developing, producing and selling our sustainable films, which are branded under our InteGreen label.

Aptar – Food Protection has been granted the North American license to manufacture and distribute the Halopack Tray system, designed to enhance packaging sustainability for a wide variety of fresh, frozen, reheatable, grab-and-go and oven-able food applications. Called Aptar Halopack, the patented solution is produced with recycled* cardboard and a minimal amount of easily removable film, allowing the package to be recycled in existing cardboard streams once the film is removed.** Compared to conventional plastic-based trays, Halopack’s use of cardboard materials allows for up to a 90% reduction in plastic. More than one billion units have been sold in Europe by Halopack, the Netherlands-based company that invented the product. Aptar Halopack’s sustainability and versatility stems from its simplicity. The paperboard-based tray systems are easy to recycle and fold flat to save recycling bin space for consumers. Custom printing directly on the paperboard, both inside and outside the package, reduces or eliminates the need for additional labels and minimizes manufacturing steps associated with label placement. Additionally, trays are engineered to fit in existing top seal and skin pack equipment with minimal tooling conversion required.

Fourth Quarter 2023 Financial Highlights: *Total Net Revenues of $1,274 million for the fourth quarter of 2023 were down 14% compared to $1,476 million in the fourth quarter of 2022 and down 8% compared to $1,379 million in the third quarter of 2023. *Net Income from continuing operations of $22 million for the fourth quarter of 2023 compared to $27 million in the fourth quarter of 2022 and $28 million in the third quarter of 2023. Full Year 2023 Financial Highlights: *Total Net Revenues of $5,510 million for the year ended December 31, 2023 were down 11% compared to $6,220 million in the prior year. *Net Loss from continuing operations of $222 million for the year ended December 31, 2023 compared to net income from continuing operations of $319 million in the prior year.

Introducing our newest fully-recyclable* and e-commerce-capable locking disc top closure! Named Future Disc Top, this versatile closure is the first in a series of three innovative disc top dispensing solutions the company will introduce globally this year for beauty, personal care and home care applications. Designed with e-commerce in mind, Future Disc Top incorporates a locking/unlocking ring that ensures it remains secure during transit and minimizes potential breakage or leaks. The closure is Amazon ISTA-6 compliant, signifying it can withstand transport hazards normally encountered during handling and transportation. Incorporating Future Disc Top can also help brands meet sustainability goals. Comprised of 100% polyethylene (PE), the first-of-its-kind mono-material, Future Disc Top closure creates a fully recyclable packaging solution when paired with PE and polyethylene terephthalate (PET) bottles.

Amcor is proud to collaborate with Stonyfield Organic, the country’s leading organic yogurt maker, and Cheer Pack North America, a leading manufacturer of spouted pouch packaging, to launch the first all-polyethylene (PE) spouted pouch. The collaboration pairs three leaders in sustainability to innovate a first-to-market solution that provides a more sustainable package without compromise on performance. The new innovative pouch replaces Stonyfield Organic’s prior multi-laminate structure with a more responsible pouch design for its YoBaby refrigerated yogurt. The new pouch uses Amcor’s AmPrima® Plus, an all-PE film that is designed to meet the APR Design® Guide for recyclability, and Cheer Pack North America’s Vizi™ cap. The package removes the metallized or foil-based film layers commonly found in standard pouch structures, while still providing superior heat resistance to allow for spout insertion. With the inclusion of the Cheer Pack North America Vizi™ cap, the amount of plastic used is reduced by over five tons per 10mm caps.

DS Smith, a world leader in sustainable packaging solutions, has unveiled a £48 million investment in a new fibre preparation line (F-line) at their Kemsley paper mill. Forming part of DS Smith’s organic investment program, this multi-year investment will deliver attractive returns through improved efficiency and reduced costs. Kemsley is the largest mill for recycled papers in the UK, and the second largest in Europe. It produces 830,000T of paper every year, all made from 100% recycled fibre. The new line will supply recycled fibre to PM3, which is a highly versatile paper machine, that is capable of producing white top test liner, plasterboard liner and other corrugated case materials (CCM) grades. A state-of-the-art drum pulping and screening system that more efficiently separates contaminants from fibre such as plastics, barriers and coatings will also be installed as part of this initiative.

Winpak Ltd. proudly announces its exceptional achievement in the 2023 Carbon Disclosure Project (CDP) assessment. With an outstanding score of A-, Winpak reaffirms its vision to provide the best packaging solutions for people and planet by addressing climate-related challenges and fostering a greener future. “Our A- score places us in the CDP leadership category and in the top 18% of disclosers for plastic product manufacturing”, said Phillip Crowder, Winpak’s Director of Corporate Sustainability. “This leadership level is a testament to the hard work of every member of our organization and our collective efforts to make a positive impact on the planet. Congratulations to all our dedicated employees on this outstanding accomplishment. Together, we are making a difference!”

First Quarter Financial Highlights include (all results compared to the first quarter of 2023 unless otherwise noted): *Net income of $67.2 million decreased compared to net income of $89.9 million or $1.54 per diluted Class A share. Net income, excluding the impact of adjustments(1), of $72.8 million increased compared to net income, excluding the impact of adjustments, of $61.9 million *Net cash provided by operating activities decreased by $28.4 million to $4.5 million. *Total debt of $2,291.8 million increased by $62.5 million. Net debt(4) increased by $44.2 million to $2,112.5 million. Our leverage ratio(5) increased to 2.53x from 2.20x sequentially, and increased from 2.11x in the prior year quarter.

Inteplast Engineered Films (IEF) and Inteplast BOPP Films, both manufacturers of packaging films, will attend the Flexible Packaging Association’s Annual Meeting in Tucson, AZ on March 20-22, to dive deeper into the fluid and frequently shifting landscape of sustainable packaging. IEF President Bob Stein said the FPA offers an opportunity to gauge customers’ needs. “We’re very excited about joining the FPA. As a guest at the fall 2023 meeting, I found the Association’s agenda to be very relevant to IEF and our focus on developing, producing, and selling our sustainable films, which are branded under our InteGreen label. I see joining the FPA as yet another opportunity to get closer to our customer needs, understand and stay ahead of any changing or expected legislation, and to work closer with all of our partners as we navigate this very dynamic time as a supplier into the flexible packaging industry,” Stein said.

IPG (Intertape Polymer Group) and IMA GROUP with its new E-COMMERCE Division, proudly announce their joint participation at MODEX 2024, one of the premier events dedicated to Supply Chain solutions. The exhibition, to be held March 11-14, 2024, in Atlanta, GA, brings together industry experts, innovators, and businesses from around the world to exchange ideas and explore the latest trends and technologies. IPG is a recognized leader in the development, manufacture, and sale of a variety of paper and filmbased pressure-sensitive and water-activated tapes, stretch and shrink films and protective packaging. IMA E-COMMERCE, born in January 2023 in response to the growing demand of the E-Commerce market, is an innovator in the E-Fulfillment and Intralogistics packaging solutions.

Tetra Pak announced today that it will close its packaging material production in Jurong and consolidate the Singapore-based production into its other factories in the region. This shift will take place over the next 12 months and is part of the company’s continuous strategy to optimise its global manufacturing footprint, serve customers better and adapt to the changing market dynamics. The company will maintain a strong business presence in Singapore to support its global growth with core operational functions, including business management, project centres, IT, human resources, finance and marketing functions. The Tetra Pak Packaging Materials factory in Jurong started operations in 1982, supplying customers in Singapore and serving as an export base. However, with market dynamics changing significantly over the past decades, the company recognises the need to adapt in order to maintain competitiveness. Striking a delicate balance between market demands, industrial footprint optimisation, and operational cost efficiency is paramount.

*Net sales in Q4 of $1.4 billion, down 2% as reported; flat constant currency and in 2023 of $5.5 billion, down 3% as reported; down 1% constant currency *Net earnings in Q4 of $125 million, up 32%, and in 2023 of $339 million, down 31%. *Earnings per share (Diluted) in Q4 of $0.86, up 32%, and in 2023 of $2.34, down 30%. *Cash flow from operations of $516 million in 2023.

Brook + Whittle is excited to announce the acquisition of PouchIt, a flexible packaging manufacturer based in Atlanta, Georgia. Specializing in short run stand up pouches, layflat pouches, and roll stock film, PouchIt provides customers with the fastest lead times in the flexible packaging industry. This strategic move enhances Brook + Whittle's footprint in the Southeast and strategically positions the company deeper in this rapidly growing segment of the packaging industry. "We are thrilled to welcome PouchIt into the Brook + Whittle family. PouchIt's printing and converting capabilities will provide a great springboard to grow our flexible packaging business. This will allow us to provide faster service to our existing customers and expand into new markets," states Mark Pollard, CEO. "Moreover, with PouchIt's flexible packaging expertise, we will be able to spearhead sustainable innovation in this segment."

In our commitment to providing innovative, more sustainable solutions for the flexible packaging market, Lecta has developed a comprehensive, versatile range for carrier bag applications. KraFit Bag ​is the new, brown option for the bags. It is a kraft paper made of 100% unbleached eucalyptus fiber with good resistance properties, designed for shopping and supermarket bags, e-commerce and other flexible packaging applications. Coral Bag: uncoated white paper, with high printability and mechanical resistance properties, aimed to be used in carrier bags and flexible packaging applications that demand higher printing quality such as sepiolite sacks, etc. Creaset Bag: one-side coated white paper, with high physical resistance to breakage and tearing, aimed to be used in bags and flexible packaging applications. It is a paper solution that allows the printed design on the surface to stand out due to its gloss effect. Lecta's functional, resistant papers for bags are designed to adapt to any style and printing need, showcasing your brand's boundless and authentic creativity.

Mondi, a global leader in packaging and paper, has improved the circularity of material flows in two release liner production sites in Germany and the Netherlands. 95 % of the production waste is now used as secondary raw material for other industries, thanks to its strategic partnerships. By collaborating closely with industry stakeholders along the value chain, Mondi has tackled the siliconised and coated paper waste produced at its release liner plants in Jülich, Germany, and Heerlen, Netherlands. It is now repulped and valorised as secondary raw material in a range of other applications. Mondi Jülich and Mondi Heerlen kicked off a partnership with Veyzle, a Dutch specialist in the recycling of paper and plastics, and the Dutch site of the WEPA Group, an expert for sustainable hygiene papers, two years ago. Since then, Veyzle collects Mondi’s production waste from the two plants and sorts, shreds and bails the different papers before transporting them to WEPA. WEPA has developed an advanced repulping technology to valorise laminated and siliconised papers and uses them to create hygiene paper, such as toilet paper and paper towels. All three partners are located close together to keep transportation to a minimum.

Diversey has been honored with two awards at the CSR Excellence Awards 2023: “Best Hygiene & Infection Prevention Cleaning Solutions Company — South East Asia” and “Best Personal Hygiene Circular Economy Initiative — South East Asia: Soap For Hope.” The CSR Excellence Awards 2023, launched by the Business Concept, encompass all facets of corporate social responsibility, celebrating businesses advocating for ethical, environmental, philanthropic, or financial initiatives. Diversey’s efforts on sustainability and its commitments to local communities have made it a leading company in these initiatives. Diversey’s Soap For HopeTM initiative exemplifies its dedication to community impact and sustainability. This innovative program empowers disadvantaged communities by providing access to sanitation and creating economic opportunities. By upcycling discarded soaps from hospitality partners, Soap For Hope not only promotes hygiene but also generates income for individuals in need.

Lacerta Group, LLC, a leading provider of custom and stock packaging solutions for food processors and supermarkets, has been awarded the EcoVadis Bronze status for its commitment to sustainability. This award is a testament to Lacerta's ongoing efforts to integrate circularity across its operations and supply chain. The EcoVadis Badge recognizes eligible companies that have completed their assessment process and demonstrated a relatively strong management system that addresses sustainability criteria. This recognition acknowledges achievement relative to other assessed companies. "Lacerta Group has a long-standing commitment to sustainability, and we are honored to receive the EcoVadis Bronze Status as a step in our journey," said Matt Crider, VP of R&D and New Product Development at Lacerta Group. "This recognition underscores our dedication to improving sustainable outcomes for our company, our customers, and those who use our packaging products."

U.S.-made masks and gloves became a national priority during the Covid-19 pandemic. Now the manufacturers need a lifeline of their own. Domestic production of protective medical equipment that was in short supply during the pandemic is now collapsing as hospitals and other healthcare buyers return to foreign-based suppliers. About 70% of the 100 or so U.S. mask companies launched during the pandemic have closed, according to industry estimates. U.S. production of N95 and surgical masks fell by more than 90% in 2023 from 2021 levels after elimination of masking requirements knocked out consumer demand.

Fourth Quarter Financial Highlights and Recent Events • Total revenue of $72.3 million, compared to $78.8 million in the fourth quarter of 2022. • Envelope segment revenue of $50.6 million, down from $60.7 million in the fourth quarter of 2022. • Packaging & Specialty Products segment revenue increased 20.2% to $21.7 million, from $18.1 million last year. • Net earnings were $0.7 million, compared to $6.7 million in the fourth quarter of 2022. • Solid free cash flow at $15.1 million, compared to $10.2 million in the fourth quarter of 2022. • Departure of the President of the Packaging and Specialty Products segment on October 17, 2023.

Highlights • A resilient performance with strong cash flow - Underlying EBITDA of €1,201 million (2022: €1,848 million), with margin of 16.4% (2022: 20.8%) - Strong cash generation with cash generated from operations increasing to €1,312 million (2022: €1,292 million) - Group revenue of €7,330 million (2022: €8,902 million) - Basic underlying earnings per share of 107.8 euro cents (2022: 195.6 euro cents) - Return on capital employed (ROCE) of 12.8% (2022: 23.7%) • Robust balance sheet with net debt to underlying EBITDA at 0.3 times; pro-forma at 1.0 times1 (2022: 0.5 times) • Good progress towards delivering €1.2 billion of organic growth investments on time and on budget • Advancing our sustainability performance through the Mondi Action Plan 2030 (MAP2030) • Completed sale of Russian assets, concluding the Group's exit from Russia

Q4 2023 Highlights *Sales of $1,138 million (compared with $1,198 million in Q3 2023 and $1,135 million in Q4 2022); *Operating loss of $(24) million (compared with operating income of $80 million in Q3 2023 and operating loss of $(20) million in Q4 2022); 2023 Annual Highlights *Sales of $4,638 million (compared with $4,466 million in 2022); *Operating income of $40 million (compared with $33 million in 2022); *Net debt1 of $1,882 million as of December 31, 2023 (compared with $1,966 million as of December 31, 2022). Net debt to EBITDA (A) ratio1 of 3.4x, down from 5.2x as of December 31, 2022; *Total capital expenditures, net of disposals, of $46 million in Q4 2023 and $343 million in 2023. The Corporation's 2024 forecasted net capital expenditures of approximately $175 million is unchanged.

Pregis unveils an evolution in foam technology supported by certified-circular polyethylene resins. Through collaboration with ExxonMobil, a leader in advanced recycling technology, Pregis now offers protective foam packaging to help customers meet their plastics circularity goals. This innovation was driven by a need for packaging that helps brands meet consumer demand for more circular plastic products, while still offering the high-quality protection properties of polyethylene foam. ExxonMobil's investment in advanced recycling technology and Pregis' holistic approach to circular design fueled this integration of certified-circular resins into more circular packaging applications that do not compromise performance. Ryan Wolcott, Chief Sustainability Officer at Pregis, explains, "Incorporating certified-circular resins into protective foam applications is a novel approach achieved through deep collaboration across the value chain. We view advanced recycling technologies and the use of certified-circular resins as one more set of tools that allow us to help tackle the plastic waste challenge. This achievement embodies Pregis’ commitment to plastics circularity.”

Spendrups, one of Sweden's leading breweries, has, in collaboration with Trioworld, switched to 30 percent consumer recycled plastic in all stretch and shrink film. This is used around pallets and drinking troughs to ensure load stability and transport safety. The transition to Trioworld's Loop alternatives with 30% PCR (Post-Consumer Recycled) which is plastic that has been recycled after it has been used for the purpose for which it was manufactured, is made after extensive joint tests. This will provide an annual saving corresponding to approx. 150 tons of new plastic and 200 tonnes of carbon dioxide equivalents (see information for calculation information).

O-I Glass, Inc announced the company is investing €95 million into two of its French glass packaging production facilities. As a continuation of its modernization investment program, these significant investments aim to upgrade the sustainability, flexibility, and productivity of its operations in Gironcourt-sur-Vraine and Reims. This investment is consistent with O-I's recently updated ESG roadmap which is aligned with our previously announced capital spending plan. In Gironcourt, where the plant recently marked its 120th anniversary, €55 million will be invested in close cooperation with one of its key customers to rebuild a furnace and equip it with innovative GOAT technology (Gas Oxy Advanced Technology). This innovative approach – already successfully implemented last year at the O-I plant in Vayres (France) – uses a mix of gas and oxygen to heat the furnace. In combination with a newly installed heat recovery system to pre-heat raw materials and recycled glass, the new installation is expected to reduce CO2 emissions by up to 18%.

Graphic Packaging Holding Company and Clearwater Paper Corporation announced that Graphic Packaging has signed a definitive agreement to sell its Augusta, Georgia bleached paperboard manufacturing facility to Clearwater Paper. The transaction value is approximately $700 million, based on Adjusted EBITDA of approximately $100 million. "Augusta is an outstanding asset with a great team, which we concluded is a more compelling fit with Clearwater Paper's strategic growth plans than our own. Bleached paperboard plays a major role in sustainable consumer packaging, and we will continue to service growing foodservice and packaging demand with bleached paperboard from our Texarkana facility," said Michael Doss, President and Chief Executive Officer of Graphic Packaging.

2023 Highlights: *Net Sales were $9,428 million, flat versus the prior year. *Net Income was $723 million, an increase of 39% versus the prior year. *Year-end net leverage was 2.8x versus 3.2x at prior year end. Michael Doss, the Company's President and CEO said, "While 2023 was a year of transition for consumer packaging, it was one of outstanding execution for Graphic Packaging. We significantly expanded profitability, achieved strong earnings growth and delivered innovative sustainable packaging solutions that consumers prefer. Our disciplined approach and commitment to delivering results for customers was on full display during a year of well-chronicled inventory normalization for both retailers and consumer packaged goods companies. While we did experience 4% negative organic sales growth for the year, our innovation sales exceeded $200 million, and our overall performance was excellent. We are well positioned to return to positive organic sales growth in 2024, which has started to materialize in improved volumes quarter to date."

Aptar Digital Health, a global leader in digital health solutions (Software as a Medical Device (SaMD) and digital Patient Support Programs), connected devices and disease management, today announced that it has acquired Healint, a digital health company recognized for their virtual clinical studies, real-world evidence and patient registries platform, as well as the Migraine Buddy and Clarrio mobile apps, which support patients suffering from neurological and immunological conditions. The acquisition of Healint aligns with Aptar Digital Health’s strategy to broaden its portfolio in neurology and strengthen its global footprint for digital health deployment. The expanded capabilities include patient community management, patient activation, Artificial Intelligence (AI) based data collection and analysis, as well as digital diagnostics to facilitate patient screening and identification. Furthermore, Healint’s ability to conduct clinical studies at an accelerated pace and at a global scale complements Aptar Digital Health’s existing solutions to provide additional value to pharmaceutical customers.

2023 Fourth Quarter Highlights *Strong performance driven by solid operational results and continued strength in tissue *Natural gas disruption impacted Lewiston mill operations in November *Net income of $18 million, or $1.04 per diluted share and Adjusted EBITDA of $63 million *Net sales of $513 million, down 3% compared to the fourth quarter of 2022 *Reduced net debt by $32 million. 2023 Full Year Highlights *Outstanding year driven by performance improvement in tissue *Net income of $108 million, or $6.30 per diluted share and Adjusted EBITDA of $281 million, up $54 million versus 2022 *Net sales of $2.1 billion, flat compared with 2022, strong tissue demand offset softness in paperboard *Net debt reduction of $89 million, more than $450 million since 2020; completed refinancing of 2014 Notes *Repurchased $18 million of outstanding shares

Mondi is expanding production of its innovative range of paper-based EcoWicketBags. This comes in response to increasing demand for sustainable packaging in the home and personal care (HPC) industry, particularly for products such as diapers and feminine hygiene products. By expanding the production of EcoWicketBags at its plant in Szada (Hungary), Mondi further leverages the Group’s integrated value chain, from in-house paper production to coating and converting. EcoWicketBags are made from Mondi’s FunctionalBarrier Paper 95/5 – an exceptionally strong kraft paper which can be customised with specific barrier and protective properties to meet diverse product needs. They are available in a variety of sizes for different applications and provide protection from filling to transporting and storage, as well as being ideal for printing customer branding. EcoWicketBags are made from a renewable material and designed to be recycled in standard European paper recycling mills according to the 4evergreen guidelines.

Amcor announced its inclusion in the S&P Global Sustainability Yearbook 2024. This recognition places Amcor among the top 8% of S&P-assessed companies in 2023. The S&P Global Sustainability Yearbook is an annual publication that honors companies that have demonstrated exceptional leadership and performance in environmental, social and governance (ESG) measures in each industry. This year, S&P Global recognized 759 companies in the Yearbook, out of the 9,400 it initially assessed using its Corporate Sustainability Assessment (CSA) Score methodology. In the containers and packaging sector, Amcor has made tangible progress in areas crucial to environmental sustainability. Amcor's commitment to developing all its packaging solutions to be recyclable, compostable, or reusable by 2025 and achieving net-zero emissions by 2050 places it among the leaders of the packaging industry.

If you’ve been in the conversation about sustainable packaging at all in the last few years, you’ve seen the rise in use of recycled content in plastic packaging. But what exactly is post-consumer recycled (PCR) content, and where does it fit into the sustainable packaging landscape? Is it really sustainable? In this Deep Dive we’ll focus on PCR in plastic packaging. Post-consumer recycled content refers to materials that have already been used by consumers, recycled, and then repurposed into new products, including packaging. A piece of packaging is said to have some percentage of PCR – if for example, a plastic bag with 20% PCR was made of 20% recycled content, and the other 80% was virgin (new) content. In the world of sustainable packaging, PCR is most commonly part of the discussion in plastics (you may also hear PCR spelled out as “post-consumer resin” in the context of plastics), but most kinds of packaging can have recycled content – glass, metal, paper, and more. For whatever reason, the term PCW (post-consumer waste) is sometimes used, especially in paper products, but the concept is the same.

The investment is part of our Packaging’s ambitious growth strategy in East Europe, driving leadership in sustainable packaging solutions across the region and creating value for our customers and partners. The first steps have already been taken by harmonising the business processes of both sites, including quality management and system standardiation. These initiatives are supported by investments in new machinery at both sites increasing quality, productivity as well as innovation capabilities. Reinier Schlatmann, DS Smith Regional Managing Director East Europe: "Our investments in technology, automation, and process improvement, enable DS Smith to drive innovation in packaging solutions. With a strong focus on the transition towards a circular economy, we are reshaping the industry and supporting customer sustainability goals at the same time. DS Smith's commitment in this respect is supported by our development of corrugated packaging that offers alternatives for problematic plastics. The investments in Austria significantly strengthen our position in the market and make a long-term contribution to the environment and economy.”

Constantia Flexibles has signed an agreement to acquire approximately 57% of the shares of the packaging producer Aluflexpack. In parallel, Constantia Flexibles will launch an all-cash public tender offer for all publicly held registered shares of Aluflexpack. The offer is subject to certain terms and conditions, including the outcome of the regulatory process. The material terms and conditions of the offer are described in the pre-announcement of the offer which has been published today and is available at afp-tender-offer.com. The company is a leading player in the European packaging industry, specializing in foil and film packaging for the Consumer and Pharma markets. Operating out of 14 locations across Europe with over 1,500 employees, the company will perfectly complement Constantia Flexibles’ packaging solutions portfolio. This acquisition is a sizable step in Constantia Flexibles’ foil packaging presence across market segments. Aluflexpack has delivered a very strong historical financial performance and continues to do so. It is highly complementary to Constantia Flexibles’ geographical footprint, e.g., in Turkey and Poland as well as expanding to countries of Southeast Europe. The acquisition gives access to an extended technology portfolio.

In its quest for supporting a healthy planet, Walgreens committed to four goals for its branded products, by 2030: reduce plastic packaging by 30%, make all packaging recyclable, increase recycled content in packaging and eliminate problematic single-use packaging. Significant steps have been taken toward making all packaging recyclable, and part of the progress has come in an unexpected place—nail polish remover bottle caps. “By switching from black plastic caps to white plastic caps in just these seven Walgreens brand products, we’re able to improve the recyclability of a projected 13 tons of plastic,” says Andrew Horn, senior manager of sustainability operations. “Many recycling facilities use mechanical vision systems, essentially robots with cameras for eyes, to sort packaging that comes in. They have a difficult time correctly identifying black plastic. So, too often, they’ll put it in the waste stream or just inaccurately sort it into the wrong recycling stream.”

BeerSelect is the first brewery in Belgium to use Smurfit Kappa’s automated TopClip system. Smurfit Kappa has provided a pioneering Belgian craft brewer with an end-to-end packaging system, TopClip, the 100% paper-based replacement for shrink wrap that bundles beverage multi-packs. BeerSelect has enjoyed significant growth over the last three years and attracted considerable attention from investors and beer drinkers alike. The brewer was looking for packaging that would align with its sustainability aspirations, and an automated machine system to efficiently produce the solution in-house. Smurfit Kappa reviewed every aspect of BeerSelect’s operations and decided that the most effective solution was to build and install its Mid-Speed TopClip machine at BeerSelect’s green-field brewery. This machine has proven its worth for many small and medium-sized drinks companies as it can handle 30,000 cans per hour and is flexible enough to switch between different configurations to bundle four, six and eight packs of cans.

*Generated a record $883 million of operating cash flow and $600 million of Free Cash Flow in the full year of 2023 *Invested a record level of capital in the business for future growth and productivity *Achieved record results in Operating Profit and Adjusted EBITDA in flexible packaging and record net sales in rigid paper containers in the Consumer Packaging (“Consumer”) segment *Produced record Operating Profit margins and Adjusted EBITDA margins in Industrial Paper Packaging (“Industrial”) segment despite a low volume environment *Expanded the Company’s flexible packaging capabilities with the acquisition of Inapel Embalagens Ltda. in Brazil

Berry Global recently opened the doors to its “Circular Innovation and Training Center” in Tulsa, Oklahoma. The new 12,000 square foot center will accelerate the development of highly innovative products driven by superior materials science and engineering, foster a collaborative space for training, and incubate cutting-edge stretch film projects that help keep materials in use and out of the environment. Utilizing state-of-the-art film characterization and performance testing technology, the new site will measure the variable properties and behaviors of stretch films, including: *Film characterization and quality measurement to quickly analyze fundamental film properties, like thickness, width, length, weight, density, modulus, elongation, tensile strength, puncture resistance, tear resistance, and cling force. *Performance testing to accurately assess how film properties will perform in the field, including pre-stretch ratio, force-to-load ratio, neck-down ratio, roping ratio, film memory, film relaxation, load deformation, load shifting, and load failure.

If you ask consumers, fiber-based cartons are the go-to material for food packaging. For the quality and sustainability of the packaging material, where the fiber comes from also matters. Here’s a look at the key benefits of using northern wood fiber as the raw material for consumer packaging. Did you know that 73% of consumers prefer fiber-based cartons over plastics in food packaging? This indicates the growing preference consumers have for more conscious packaging choices. This shift is driving consumer brands to adopt more sustainable packaging materials, such as renewable carton board made of wood fiber. To ensure high quality and sustainability of packaging materials, it’s key to know where the fiber comes from. Stora Enso is building new consumer board production capacity at its Oulu Mill in Northern Finland, where the availability of high-quality northern wood fiber plays a key role in production.

First Quarter Highlights *GAAP: Net sales of $2.9 billion; Operating income of $157 million; Earnings per share of $0.50 *Fiscal 2024 outlook: Reaffirmed adjusted EPS guidance of $7.35 - $7.85 and free cash flow of $800 - $900 million *Announced plans for a tax-free spin-off and merger of the majority of our HH&S segment to include its global nonwovens and films business with Glatfelter, creating a global specialty materials leader, in a transaction expected to be valued at $3.6 billion

Berry Global Group, Inc. and Glatfelter Corporation announced they have entered into definitive agreements for Berry to spin-off and merge the majority of its Health, Hygiene and Specialties segment to include its Global Nonwovens and Films business (“HHNF”) with Glatfelter, to create a leading, publicly-traded company in the specialty materials industry. The Boards of Directors of Berry and Glatfelter have unanimously approved the transaction. The new combined company (“NewCo”) will become a global leader in the growing specialty materials industry, serving the world’s largest brand owners across global end markets with favorable long-term growth dynamics. HHNF brings an extensive portfolio of proprietary technologies, with a strong focus on healthcare, hygiene, and specialty end markets, while Glatfelter provides a broad range of innovation capabilities and sustainability solutions. Together, the combined company will offer a highly complementary product suite, including both polymer-based and fiber-based solutions, supported by strong innovation capabilities, with significant geographic diversification and a presence in all major markets.

IPG® has introduced ExlfilmPlus® PCR, a revolutionary polyolefin shrink film that contains 35% total recycled content and is prequalified to be recycled at store drop-off locations. ExlfilmPlus PCR is designed to meet the growing demand for more sustainable and circular packaging solutions, while delivering superior performance and quality. ExlfilmPlus PCR is a polyolefin shrink film that contains, at minimum, 10% certified postconsumer recycled content and 25% certified post-industrial recycled content. The new film contains certified mechanical post-consumer recycled content, which is derived from plastic waste collected from consumers and recycled into new resin. Additionally, ExlfilmPlus PCR has been prequalified by HOW2RECYCLE for store drop-off and is approved for some direct food contact applications. Available in gauges thinner than many traditional products, it offers a material usage reduction of up to 9%. By minimizing the environmental footprint of their packaging, customers can attain their sustainability objectives with the help of ExlfilmPlus PCR. It supports the circular economy by using recycled materials and enabling recyclability of the end product.

Metsä Group announces its plans for a significant investment program in its tissue paper business in the Mänttä mill to develop the sustainability of the operations and to modernize and extend the lifecycle of the mill. The investment plans are part of its tissue paper business’ Future mill strategy program aiming at world-class efficiency and environmental performance in tissue production. The planned program amounts to approximately EUR 100 million euros and the related investments are to be carried out over the period of next five years. The company aims to develop the mill’s production and environmental efficiency by investing in paper machine and converting line modernizations as well as improving the energy and water efficiency. Their aim is long term continuation of the efficient local manufacturing operations in Mänttä and they support the company’s target of all products and manufacturing sites to be fully fossil free by 2030. The investments will be communicated when the planning proceeds.

Highlights - Six Months Ended December 31, 2023 • Net sales of $6,694 million; • GAAP Net income of $286 million; GAAP diluted earnings per share (EPS) of 19.8 cps; • Continued strong cash returns to shareholders: Quarterly dividend increased to 12.5 cents per share and $30million of shares repurchased; and • Reaffirming fiscal 2024 outlook: Adjusted EPS of 67-71 cents per share and adjusted Free Cash Flow of$850-950 million.

Q4 2023 in brief: *Net sales decreased 6% to EUR 1,033 million (EUR 1,104 million) *Comparable net sales growth at Group level was -3% and -5% in emerging markets *The impact of currency movements on the Group's net sales was EUR -44 million and EUR -5 million on EBIT. Q1-Q4 2023 in brief: *Net sales decreased 7% to EUR 4,169 million (EUR 4,479 million) *Comparable net sales growth at Group level was -2% and -4% in emerging markets *The impact of currency movements on the Group's net sales was EUR -153 million and EUR -15 million on EBIT *Capital expenditure was EUR 319 million (EUR 318 million)

January–December 2023 (compared to 1–12/2022) *Sales were EUR 1,941.9 million (2,479.6). *The comparable operating result was EUR 122.2 million (520.7), or 6.3% of sales (21.0). Operating result was EUR 120.8 million (531.5) *Comparable return on capital employed was 5.1% (20.9). *Net cash flow from operations was EUR 342.8 million (232.0). October–December 2023 (compared to 10–12/2022) *Sales were EUR 422.6 million (599.8). *The comparable operating result was EUR 0.7 million (100.8), or 0.2% (16.8) of sales. *Operating result was EUR -0.2 million (94.7). *Comparable return on capital employed was 0.4% (15.5). *Net cash flow from operations was EUR 124.3 million (70.2).

January–December 2023 (1–12/2022) *Sales were EUR 6.110 million (6.980). *Operating result was EUR 498 million (1.302). Com-parable operating result was EUR 488 million (1.276). *Result before taxes was EUR 488 million (1.270). Comparable result before taxes was EUR 482 million (1.240). *Comparable return on capital employed was 7.2% (19.5). *Net cash flow from operations was EUR 926 million (1.227). October–December 2023 (10–12/2022) *Sales were EUR 1.486 million (1.741). *Operating result was EUR 55 million (316). Comparable operating result was EUR 57 million (311). *Result before taxes was EUR 50 million (309). Comparable result before taxes was EUR 51 million (306). *Comparable return on capital employed was 3.9% (18.).*Net cash flow from operations was EUR 439 million (399).

*Revenue of €11.3 billion *EBITDA of €2,080 million and an EBITDA margin of 18.5% *Return on capital employed of 17.1% *Free cash flow of €628 million *Net Debt to EBITDA ratio of 1.4x *Announced combination with WestRock to create a global leader in sustainable packaging

Amcor signed a deal with Cadbury to source ~1,000 tons of post-consumer recycled plastic to wrap its core Cadbury chocolate range, accelerating Cadbury’s ambitions to reduce its virgin plastic needs. In 2022, Cadbury announced it had sourced ~30% (on a mass balance basis^) of the plastic needed to wrap its 160g to 185g Cadbury Dairy Milk family blocks produced in Australia from recycled materials. With its latest purchase, Cadbury aims to use ~50%# (on a mass balance basis^) recycled plastic for its wrappers across its chocolate blocks, bars and pieces range produced in Australia. This will be equivalent to halving its virgin plastic needs to wrap those products. The rollout of recycled material is expected to begin in Q1 of 2024, starting with blocks and expanding into bar lines such as Cherry Ripe, Crunchie and Twirl as well as pieces wraps for Roses and Favourites.

Net sales in the fourth quarter were $2,858 million compared to $3,012 million in the fourth quarter of 2022 reflecting higher beverage can volumes in Americas Beverage and favorable foreign currency translation of $42 million, offset by the pass through of $145 million in lower material costs and lower volumes across most other businesses. Income from operations was $259 million in the fourth quarter compared to $229 million in the fourth quarter of 2022. Segment income in the fourth quarter of 2023 was $382 million compared to $292 million in the prior year fourth quarter reflecting higher beverage can volumes in Americas Beverage and the contractual recovery of prior years' inflationary cost increases in European Beverage, both more than offsetting the under-absorption of fixed costs.

Due to the continued weak and uncertain market environment, Stora Enso plans to initiate a new profit improvement programme targeting annualised EUR 80 million improvement of the operational EBIT. This could lead to a potential reduction of approximately 1,000 employees. Local change negotiations in line with the local legislations will start as soon as country specific plans are further detailed. The profit improvement programme is designed to improve Stora Enso’s long-term competitiveness by focusing on core business activities that can drive the Group’s strategy supported by a decentralised operating model. The profit improvement programme would be implemented without any new production site closures.

Q4/2023 (year-on-year) • Sales decreased by 24% to EUR 2,174 (2,864) million. • Operational EBIT decreased to EUR 51 (355) million. • Operational EBIT margin decreased to 2.3% (12.4%). Full year 2023 (year-on-year) • Sales were EUR 9,396 (11,680) million. • Operational EBIT was EUR 342 (1,891) million. • Operating result (IFRS) was EUR -322 (2,009) million. • Operational ROCE (last 12 months) excluding the Forest division decreased to 1.0% (20.4%), the target being above 13%.

First Quarter Highlights and other notable items: *Net sales of $4.6 billion; Corrugated Packaging segment sales increased 3.5% compared to the prior year quarter *Global Paper containerboard shipments increased 21.9% compared to the prior year quarter *Net loss of $22 million; net loss included $66 million of restructuring and other costs *Achieved over $200 million in cost savings; expect to significantly exceed previously announced fiscal 2024 target of $300 to $400 million

*Full-year net earnings (loss) of $288 million ($0.82 per diluted share); Fourth quarter net earnings (loss) of $(284) million ($(0.82) per diluted share); Full-year and fourth quarter net earnings include a pre-tax charge of $540 million related to mill strategic actions *Full-year earnings benefit from Building a Better IP initiatives of $260 million, exceeding annual target *Full-year capital investments of $1.1 billion, including investments in packaging for future growth

Amcor announced a significant expansion of its North American thermoforming capabilities for the healthcare market. The addition of automated, state-of-the art thermoforming equipment at Amcor’s world-class healthcare manufacturing plant in Oshkosh, Wisconsin will support increasing demand from customers in the medical, pharmaceutical, and consumer health sectors. The additional capacity will provide an efficient option for companies looking to partner with Amcor to support their growth ambitions. The expansion also will allow customers to source thermoforms and companion die-cut lids from a single location, helping streamline product manufacturing and distribution.

NBi FlexPack, an NBi Technologies company based in Wisconsin has announced its launch as a flexible packaging manufacturer producing high-quality custom solutions. NBi products are made in the USA, which allows for quick turnaround times for shipping anywhere in the US. Expert, personal service is an added convenience. “When we say NBi FlexPack is ‘Customized packaging. Personalized service. Made in the USA’, we back it up,” says Rick Nerenhausen, general manager, NBi Technologies, the parent company of NBi FlexPack. “We nurture customer care and are proud to provide top quality products made in our nation with options to meet every customer’s needs.” The packaging manufacturer is dedicated to reducing environmental impact and offers sustainable solutions including compostable and recyclable flexible packaging. Other benefits include: • Personal service with 25+ years of print expertise • Low MOQs • Special orders available upon request

Smurfit Kappa will invest €54 million to double the capacity of its Ibi Bag-in-Box plant in Alicante, Spain. Smurfit Kappa’s latest investment is set to strengthen the sustainability of both the plant’s operations and its product portfolio, with enhanced waste management systems and significant savings in energy consumption. Bag-in-Box Ibi has got a strong track record when it comes to recycling with several state-of-the-art systems to identify and separate by-products. Saverio Mayer, CEO of Smurfit Kappa Europe, said: “Today’s announcement demonstrates our commitment to the Bag-in-Box division and forms part of our multi-country expansion plan. We have invested €90 million in the Ibi plant throughout the last decade which has significantly enhanced our offering.

Sonoco Products Company announced that certain of its subsidiaries entered into a definitive agreement to sell its Protective Solutions business to Black Diamond Capital Management, LLC (“Black Diamond”) for an estimated $80 million in cash. The transaction is subject to customary closing conditions and is expected to be completed in the first half of 2024. This sale is the result of Sonoco’s continuing evaluation of its business portfolio and is consistent with its strategic and investment priorities. Sonoco’s Protective Solutions business is one of North America’s premier manufacturers of molded expanded polypropylene and expanded polystyrene foam components and integrated material solutions serving the automotive, power sports, impact surfaces, HVAC, electronics/technology, appliances, and various other industrial end markets. The business operates nine manufacturing facilities and has approximately 900 employees. Net sales were approximately $170 million in 2023. Financial results for Protective Solutions are reported in Sonoco’s All Other Businesses reporting segment.

American Packaging Corporation announces five APC Centers of Excellence achieved International Sustainability and Carbon Certification PLUS. APC's Columbus, Wisconsin, Deforest, Wisconsin, Story City, Iowa, Chili, New York and Rochester, New York plants all achieved the certification, allowing APC to source and convert advanced recycled resins and films, often called circular content. These circular content resins and films are used to manufacture packaging products requiring recycled content and tracks the usage through a mass-balance accounting process, a methodology that looks at all inputs and outputs of a particular process. ISCC PLUS certification plays a crucial role in the development of the circular economy by ensuring the traceability of advanced recycled plastics along the entire supply chain in compliance with the ISCC PLUS standards. Unlike traditional mechanically recycled content, the advanced recycled process converts materials to the molecular level, offering a feedstock that can be used to produce new plastic materials with properties equal to virgin plastic. The result is eco-friendly materials that are highly sought-after by environmentally conscious consumers. This certification provides an additional and complementary option to mechanically recycled materials for those customers wishing to utilize recycled content.

Net sales for the fourth quarter of 2023 were $1.3 billion, a decrease of $115.3 million, or 8%, as compared to the same period in the prior year predominantly as a result of lower volumes. Income before interest and income taxes (EBIT) for the fourth quarter of 2023 was $126.1 million, an increase of $45.0 million as compared to $81.1 million for the fourth quarter of 2022 principally due to $66.6 million of rationalization charges in the prior year period.

In its continuing pursuit to develop packaging materials that meet the sustainability goals of its customers, global packaging solutions provider SEE (NYSE: SEE) has developed the first biobased, industrial compostable tray for protein packaging that has been successfully tested to meet the demands of existing food processing equipment. SEE's new CRYOVAC® brand compostable overwrap tray is made from biobased, food-contact grade resin, which is USDA-certified as having 54% biobased content chemically derived from renewable wood cellulose. The tray, which will break down into organic material without leaving toxic residue, was created as an alternative to those made from expanded polystyrene (EPS), which are traditionally used to package fresh poultry and red meat for consumer purchase but are not biodegradable or recyclable.

Revolution Sustainable Solutions LLC, Little Rock, Arkansas, has acquired PolyAg Recycling Ltd., a Canada-based mechanical recycler of agricultural films. Established in 2019, PolyAg offers local recycling of used agricultural film through its recycling facility in Bashaw, Alberta. This acquisition aligns with Revolution’s growth in the agricultural film space, having invested more than $20 million to expand its manufacturing facility in Little Rock, Arkansas, by 36,000 square feet in 2020. The expansion supports the production of various polyethylene products made from recycled materials, including construction film, agricultural film and geomembrane film, by adding two blown film lines. As previously reported by Recycling Today, the film lines are able to produce more than 40 million pounds of film products annually.

What does it take to persuade consumers to choose your product over similar products on store shelves? One key factor is understanding consumers’ non-negotiable packaging priorities, such as hygiene, convenience, and sustainability. When introducing new reusable packaging or recyclable fiber-based solutions, conveying the right message about the package is vital to overcoming these obstacles getting your product chosen. Consumers are open to reuse systems. We recently conducted a survey of European consumers and found that 77% hold a positive view of reusable packaging; however, only 30% have a clear understanding of what reusable packaging means. This highlights the first challenge for brand owners: how to efficiently explain to consumers how the reuse system works while also addressing their priorities. Consumers rightly prioritize their health, questioning the hygiene and safety of reusable containers, particularly in the cases of food. Our survey showed that 78% of consumers raise this issue, making it one of the most common obstacles to adoption.

Ahlstrom recently received the FDA 510(k) clearance from the U.S. Food and Drug Administration for Reliance® Fusion, a next-generation sterilization wrap that helps increase efficiency in the sterilization of surgical equipment trays at hospitals. FDA 510(k) clearance is needed to market and sell medical devices in the U.S. Sterilization wraps are extensively used in healthcare facilities worldwide to help maintain the sterility of surgical instruments. Ahlstrom single-use sterilization wraps help to prevent microorganisms (bacteria, viruses, spores) from easily gaining access to the tray contents, allow sterilization, provide physical protection, and maintain sterility of surgical instruments up to the point of use. They thus play a crucial role in infection prevention and patients’ safety. The sterilization process is often time-consuming, requires the use of expensive processing aids such as tray liners, and involves longer drying cycles and stocking multiple weights of sterilization wrap to ensure all moisture has been eliminated.

Metsä Board, part of Metsä Group, has achieved home compostability certification for all its white kraftliners and folding boxboards (excluding PE-coated grades). The certification was issued by DIN CERTCO based on the compliance with standard NF T 51-800. “All our paperboards can be recycled, which is the preferable option when the packaging or food service container has served its purpose. But sometimes the packaging material can be stained by food, and then composting with biowaste is a good choice,” says Helena Moring-Vepsäläinen, Product Safety Manager at Metsä Board. “Our paperboards have had industrial compostability certification for several years now, and home compostability is one step further which is certainly welcomed by consumers.”

Packaging Corporation of America reported fourth quarter 2023 net income of $189 million, or $2.10 per share, and net income of $192 million, or $2.13 per share, excluding special items. Fourth quarter net sales were $1.94 billion in 2023 and $1.98 billion in 2022. Full year 2023 net income was $765 million, or $8.48 per share, and net income of $784 million, or $8.70 per share, excluding special items. Full year net sales were $7.8 billion in 2023 and $8.5 billion in 2022.

Supported by Sugar Land Economic Development, Accredo Packaging, Inc., a sustainable package solutions firm, has completed its fourth expansion at its Sugar Land headquarters, representing a $10 million investment. This expansion added 83,000 square feet of office space to the company's 650,000-square-foot LEED-certified campus, which is 100 percent powered by wind energy. Located at 12682 Cardinal Meadow Drive, the project added 30 jobs, and the company has pledged to maintain at least 525 jobs in Sugar Land through 2031. Opened in 2009, Accredo Packaging is the first and only flexible packaging manufacturing facility in North America with LEED Silver certification. Previous expansions took place in 2013 and 2021, and now, in 2024, the company has more than tripled in size.

To grow the Packaging Automation business in the packaging sector, Stora Enso has partnered with Radpak, a Polish packaging machinery manufacturer focusing on packaging automation for primary and secondary packaging. Packaging Automation is expanding their business outside of Gothenburg, Sweden where Stora Enso has its current factory. Radpak’s factory is located in Włocławek, Poland, which strengthens Packaging Automation’s growth strategy in Central and Northern Europe and gives a local presence with service and aftermarket. The partnership will grow the portfolios of the two companies which means Stora Enso can offer both primary and secondary packaging, one point of contact for the customer.

C-P Flexible Packaging (C-P), a leader in the flexible packaging industry, is proud to introduce Intelligraphix Systems—a new division specializing in prepress, platemaking and color management services designed specifically for flexographic printers. To ensure precision and efficiency from design to print, Intelligraphix Systems offers a comprehensive suite of prepress services, including art file optimization, extended gamut preparation, flexographic platemaking and optimization, color management, press profiling, file management and advanced quality check systems.

Smurfit Kappa has created a sustainable packaging solution to transport bees for Biobest, a world leader in biological crop protection and pollination. Biobest began back in 1987 when veterinarian Roland De Jonghe began breeding bumble bees in his garage to organically pollinate tomatoes. Tomato growers were quick to see the advantage of using bumble bees over chemical pesticides and the company flourished. Biobest approached the packaging giant to design an insulated and weather-resistant box to replace the EPS pack it was using to transport live bumble bees. It also had to be robust enough to withstand long periods outdoors as the boxes are used for outdoor pollination of fruit and vegetables.

Fourth quarter sales of $5.0 billion were in line with prior year, with organic sales up 3 percent, driven by a 2 percent increase in price from ongoing revenue growth management programs and a 1 percent favorable product mix, with volumes in line with the prior year period and volume trends improving for the fourth consecutive quarter. In North America, organic sales increased 3 percent over last year, including increases of 5 percent in Personal Care and 3 percent in Consumer Tissue that were partially offset by a 3 percent decrease in K-C Professional. Outside North America, organic sales were up 5 percent in developing and emerging (D&E) markets. Organic sales in developed markets (Australia, South Korea and Western/Central Europe) grew 1 percent versus prior year. Gross margin improved by 210 basis points to 34.9 percent, with higher net revenue realization, cost savings and favorable input costs partially offset by unfavorable currency impacts and higher other manufacturing costs. Fourth quarter operating profit was $670 million compared to $712 million last year, resulting in an operating margin of 13.5 percent.

In autumn 2023, Finnish cosmetics company Lumene launched a moisturiser packaged in a bio-attributed* jar. The jar utilises a wood-based plastic raw material made from crude tall oil, a residue from pulp production. It is reportedly the first cosmetics jar that includes renewable materials in both the packaging and label. In the first phase, Lumene's Nordic-C [Valo] range of moisturisers will be packaged in this new type of jar. In the future, Lumene's entire range of 50 ml moisturisers will be packaged in a new bio-attributed jar. These are also the company's best-selling products. Reducing the dependency on fossil raw materials is a global challenge across many industries. For example, every year, the global cosmetics industry produces more than 120 billion containers. Many consumers are on the hunt for products with the lowest possible environmental impact, and industries are searching for raw materials to fulfil that need.

WestRock Company announced plans to build a new corrugated box plant in Pleasant Prairie, Wisconsin, to meet growing demand from customers in the Great Lakes region. The Company intends to close its existing plant in North Chicago when construction of the new facility is completed. This investment will position WestRock to increase its production capabilities and improve its cost profile in the Great Lakes region. Construction is estimated to cost approximately $140 million and is expected to be partially offset by property sales. “Investing in a new state-of-the-art corrugated converting facility elevates our production capabilities and better supports our end market strategy and margin improvement targets,” said David B. Sewell, chief executive officer, WestRock.

As consumers increasingly voice their environmental concerns, industries worldwide are actively seeking sustainable alternatives to reduce their carbon footprint. Not surprisingly, corrugated cardboard packaging has emerged as an environmentally sustainable choice, boasting benefits that other packaging materials simply can’t match. Reports and surveys, including a comprehensive life cycle assessment (LCA) recently published by the National Council for Air and Stream Improvement (NCASI) and the 2023 US Trend Tracker Survey commissioned by Two Sides North America, shed light on the environmental impact of cardboard packaging and illustrate why it is fast becoming the preferred choice of brands and consumers around the globe.

Two Sides Packaging Webinar: 15th February 2024, 9:25 – 13:00 GMT (10:25 – 14:00 CET). With 10 expert thought leaders, this webinar is focused on the sustainability of paper packaging. Register to the packaging webinar here: ttps://us06web.zoom.us/webinar/register/WN_W9MgIT28Qdu6Si1cyje-NA After registering, you will receive a confirmation email containing information about joining the webinar.

Mondi has brought together industry leaders in an expert round table to discuss how to improve the circularity of used paper bags in the construction industry. The event looked at how to build systems that will prevent the disposal of used paper bags, working towards implementing a process of efficient collection, sorting, and recycling that can be managed on an industrial scale. The partners attending were representatives from different parts of the value chain, namely Mondi, Envalora, Neinor Homes, OHLA, Arpada, Macotran, RCD Asociacion, S. Solís, Uder, Alier, Saint-Gobain and CoCircular. These like-minded industry leaders share a vision of boosting the circularity of paper bags used in the construction industry and see collaboration and stakeholder dialogue as a critical activity to achieve this.

Greif, Inc. and IonKraft, a barrier technology company specializing in plasma-based coatings, are pleased to announce a new pilot-project partnership. The collaboration aims to revolutionize the challenges of recyclability and sustainability in plastic jerrycan packaging that requires an additional barrier solution. Industrial plastic packaging is highly recyclable, but certain applications that require barrier solutions can make recycling more challenging. IonKraft has developed a game-changing coating that utilizes a plasma-enhanced vapor deposition process to create a strong barrier that is non-reactive, chemically inert, and 100% recyclable. Beyond recyclability, the IonKraft barrier technology offers a sustainable alternative to fluorination.

Tetra Pak has announced a collaboration with Absolicon, a Swedish solar thermal company, to offer a standardised solution for industrial equipment powered by renewable thermal energy (heat)1. Absolicon has designed a scalable solar thermal module that can be integrated with current and new UHT lines and enable a range of decarbonisation options, including a reduction of greenhouse gas emissions2, based on the customer requirement and location.

Clearwater Paper Corporation announced that it has had to temporarily suspend its operations in Lewiston, Idaho due to uncertainty in natural gas supply and damage caused by extreme cold weather. The company is restarting equipment and production at the facility as weather conditions permit. “We are focused on the safety of our employees and protecting our assets during this period of extremely cold temperatures in the region,” said Arsen Kitch, president and chief executive officer. “We are in the process of repairing equipment and resuming our overall operations.” The company expects to provide an update on the anticipated impacts of the outage in a future announcement.

As the industry leader in flow control dispensing solutions for over 25 years, Aptar Closures is pleased to offer a line of fully recyclable flow control dispensing solutions suitable for a wide range of products, most notably food and beverage applications such as condiments and sauces. The company’s SimpliCycle™ valve is designed for brand owners seeking to enhance packaging sustainability without sacrificing precise, hygienic product dispensing and consistent consumer satisfaction. True to its name, SimpliCycle provides ease and function by streamlining mechanical recycling. Comprised of low-density thermoplastic elastomer (TPE), the valves float during the recycling sorting process, separating them from the polyethylene terephthalate (PET) stream; from there, they are recycled in the polypropylene (PP) and polyethylene (PE) stream. When assembled into a compatible Aptar closure, SimpliCycle creates a fully recyclable solution for use with PET, PE or PP containers.

Metsä Board, part of Metsä Group, has been selected as one of the winners of 2024 WorldStar awards for their ultralight pizza box concept developed together with Adara Pakkaus and other industry experts. A total of 435 entries from 41 countries were included in this year’s competition. An expert panel of international judges compared the entries to similar solutions from around the world and awarded the ones that were superior in their category and market and were better in execution or innovation, in comparison to others. The awarded ultralight pizza box solution, made of MetsäBoard Natural WKL Bright, uses considerably less material than traditional solutions without compromising rigidity, function or print quality. The pizza box was about 38 per cent lighter and according to the life cycle analysis the pizza box’s carbon footprint was up to 50 per cent lower than those of traditional solutions made of recycled fibre. The environmental impact comparison was carried out on material and its production.*

Kimberly-Clark Professional™ announced the availability of new Kimtech™ Polaris™ Nitrile Exam Gloves for use in laboratory settings that afford users the highest level of protection, durability and comfort from a glove in the Kimtech portfolio. Featuring a new dark magenta color unique to Kimberly-Clark Professional and a proprietary high-quality nitrile formulation, Kimtech Polaris Nitrile Exam Gloves have one of the lowest acceptable quality levels (AQL) for pinholes at 0.65, when compared to leading competitors. The average tensile strength is 31 megapascal (MPa) after aging, more than double the strength of the industry standard. The gloves also have been tested against some of the harshest chemicals used in labs and industrial work environments,1 meeting and exceeding the industry standards for exam gloves.

Amcor has once again been included in the Dow Jones Sustainability Indices (DJSI): Australia Index (DJSI Australia), recognizing the company’s commitment to delivering innovative and more sustainable packaging solutions. Amcor ranked within the 91st percentile of the packaging and containers industry in the 2023 S&P Corporate Sustainability Assessment, which forms the basis for inclusion in the DJSI. The listing reaffirms Amcor’s leadership position in the industry. "This recognition is significant to Amcor, not just because we’re being honored in the country of our founding, but because it acknowledges our ability to deliver responsible packaging benefitting our customers and the planet,” said Amcor’s Global Head of Investor Relations, Tracey Whitehead. “We remain committed to continually innovating more sustainable packaging solutions across a wide range of materials, while enabling our customers to meet their own sustainability goals.”

Hood Container Corporation announced that it has acquired the corrugated packaging business of Sumter, SC based Sumter Packaging Corporation. This includes all of Sumter’s design, manufacturing, assembly and fulfillment operations in Sumter, SC as well as the business manufactured and serviced from the Statesville, NC facility. Benjamin DeSollar, CEO of Sumter Packaging Corporation stated, “Our roots in packaging go back over 100 years. Sumter Packaging was founded by Ed Fienning with traditions of family values, delighting our customers and being a strong community partner. The fantastic team at Sumter Packaging has built on those traditions and expanded on them to deliver world class quality, customer service, design and graphics. We are excited to be joining a family-owned company in Hood with strong values, vision, and the capability to further improve on the strengths we already have with its national network and the ability to offer vertical supply chain integration.”

The global furniture retailer XXXLutz Group is taking pioneering steps towards the goal of climate neutrality and sustainability. Teaming up with Stora Enso they are exploring game-changing alternatives to conventional packaging materials: Papira® and Fibrease® by Stora Enso. The collaboration is a milestone in the quest for eco-conscious packaging solutions and is a part of Stora Enso´s strategy to partner up with market leaders. By substituting traditional polymeric foams with lightweight wood-based alternatives, significant reductions in CO₂ emissions are possible. Similar to other used materials, like paper and cardboard, the foam materials are recyclable and can be disposed with paper and thus returned to the cycle. “Fibrease and Papira are the result of years of relentless research by a dedicated team. We believe that our renewable resource, the forest, is the solution to many of the environmental challenges facing us today. Producing a sustainable and recyclable packaging foam is a giant leap towards a greener future. Many industries today look towards lowering the CO2 footprint and Stora Enso´s dedication to innovation provides tangible solutions to this issue for companies and consumers alike”, says Ivan Christensen, Business Development Manager Biofoams.

Diversified Labeling Solutions (DLS) has expanded its RFID label offerings to help its distributor customers meet demand. DLS’ RFID expansion includes: • In-house RFID label conversion capabilities • Ready-to-ship stock RFID labels • Service bureau RFID label encoding/printing services • Dedicated RFID Product Manager • RFID label training. Driving DLS’ RFID label expansion is the significant increase in demand, largely due to RFID label mandates from major retailers, including Walmart, Dick’s Sporting Goods, and Macy’s.

Hood Container Corporation announced that it has acquired the corrugated packaging business of Sumter, SC based Sumter Packaging Corporation. This includes all of Sumter’s design, manufacturing, assembly and fulfillment operations in Sumter, SC as well as the business manufactured and serviced from the Statesville, NC facility. Benjamin DeSollar, CEO of Sumter Packaging Corporation stated, “Our roots in packaging go back over 100 years. Sumter Packaging was founded by Ed Fienning with traditions of family values, delighting our customers and being a strong community partner.

Metsä Board, part of Metsä Group, will be exhibiting its future-ready premium paperboards, innovative new packaging solutions and services for co-creation to the beauty industry at the 2024 Paris Packaging Week in January. During January 17 – 18, the PCD event will gather packaging developers, designers and suppliers shaping future of packaging for the beauty market to the Paris Expo Porte de Versailles exhibition centre. At Metsä Board’s booth (L60), visitors will have the opportunity to challenge a team of experts with their specific needs and hear more about how to lower the carbon footprint of their packaging or boost packaging design innovation through introduction of a unique co-creation concept hosted by the company’s state-of-the-art Excellence Centre.

With effect from January 2, 2024, SÜDPACK has acquired additional shares of CARBOLIQ GmbH and appointed Dirk Hardow as Managing Director. By doing so, SÜDPACK is demonstrating its commitment to a closed-loop system for plastics and to chemical recycling as a complementary recycling technology. Dirk Hardow, who as Manager of the BU FF&C is responsible for matters such as the development and implementation of closed-loop models, will lead the company as its managing director in the future. The acquisition of a majority stake in CARBOLIQ was signed on December 15. For Erik Bouts, CEO of SÜDPACK, this is “the logical next step. We regard CARBOLIQ technology as an indispensable building block in our industry’s process of transformation towards a circular economy.” With the acquisition, the film manufacturer is simultaneously substantiating its leading position in terms of a circular economy in the industry for flexible packaging. Because so far, SÜDPACK is the only manufacturer of flexible films with direct access to capacities for chemical recycling.

On December 30, Trioworld Group signed an agreement to acquire the German company Wentus GmbH (Wentus), a leading player in solutions for high-performance food-, consumer- and hygiene packaging, from Egeria Group. “We are very pleased and excited to welcome Wentus into the Trioworld group. The acquisition will give us the opportunity to grow an even stronger position in the market for advanced food-, consumer- and hygiene packaging, in Europe and in North America. Wentus has a proven track record of supplying the market with premium products and superior support, to maximize value for customers. “We have great confidence in the capabilities of the Wentus organization and management and look forward to joining forces and continuing the successful journey” says Andreas Malmberg, CEO of the Trioworld Group.

MM Kwidzyn has completed the consultation process with trade unions and works councils. The company has taken the decision on the closure of the packaging kraft paper machine (PM3). As a result of this decision, the production of packaging kraft paper IPACK ESSENTIAL, IPACK BROWN, IPACK ULTRA will be discontinued. The last production run on PM3 will take place early January 2024.

When we think about corrugated packaging, boxes used for shipping goods are probably what comes to mind for most adults. However, when given to children, those same boxes bring to life a world of wonder and creativity. What child doesn’t gravitate to empty boxes for play? From castles and robots to forts and rocket ships, corrugated boxes inspire a child’s imagination and help them understand how the world around them works. We asked employees to share some creative ways they and their children have used corrugated boxes. While moving homes, six-year-old twins put extra corrugated packaging to good use building a private fort and backdrop for their toys. “I was worried the boys would have nothing to do while we packed up the last of our house,” said Mary Beth Sharp, Vice President of Marketing. “But they came home from school and were super excited when they saw the extra boxes. They each made their own space and were content long enough for us to finish loading the moving truck.”

Amcor announced Web-Based Intelligent Packaging Evaluation (WIPE) as the winning student and faculty team of the latest Amcor Lift-Off pitch competition, hosted in partnership with Michigan State University (MSU). WIPE competed for an investment and collaboration opportunity as part of Amcor’s Lift-Off program, an open-call initiative aimed at supporting early-stage start-ups focused on innovative packaging solutions and related technologies. WIPE, developed by the research group of Dr. Euihark Lee at MSU’s School of Packaging, is an AI-based digital tool designed to leverage information mined from online customer reviews to assess the journey of a package throughout the distribution process. Once collected, the data is categorized for sentiment and key metrics, providing analysis that helps manufacturers identify critical issues during distribution and the consumer experience.

With their business going through a high rate of growth, the founders of an Austrian candle company Looops felt that the brand’s look and feel had reached its limits. A rebranding — including a redesign of the packaging — was the next logical step. The business started small but has since grown into new heights. As production volumes grew, the founders could no longer sustain making the glass containers out of recycled wine bottles themselves. As new types of containers were needed for the candles, rebranding the whole product line became relevant. As the outer packaging is the first thing the consumer sees, it too had to communicate the quality of the product and its brand values: pure, reduced and authentic – just like the fragrances used in the candles themselves. “We wanted the new brand design to be more than just a visual impression. We wanted it to reflect Looops’ journey, the experiences we have gained over the years and how they have improved the quality of our products. The packaging as a whole — from the material, to the visuals and the tactile feel — had to illustrate this as well,” explains one of the co-founders Julia Schliefsteiner.

As one of the policies under the EU Green Deal, the European Commission in November 2022 proposed a new regulation on packaging and packaging waste (PPWR) that will repeal the present directive (PPWD). One of the objectives is to make all packaging in the EU market recyclable in an economically viable way by 2030. But already now recyclable packaging is being encouraged through the implementation of eco-modulated fees in the different national Extended Producer Responsibility (EPR) schemes. Sign up for the webinar at: https://triowor.webinargeek.com/how-to-ensure-recyclability-in-your-value-chain Key takeaways: After watching this webinar, you will have the latest updates regarding recyclability in the coming Packaging and Packaging Waste Regulation and you will be aware of the standards that are being developed by request from the European Commission to support the regulation. You will also understand the difference between “design for recycling” and “recyclable” and know the coming steps in the legislation process and how it might affect your business. You will have seen concrete examples of adjustments made in flexible plastic packaging to meet coming EU legislation as well as requirements from national EPR schemes.

Moelven Wood and Billerud are joining forces to examine the possibility of developing a new sustainable packaging solution for Moelven's interior panels. The goal is to create a paper-based solution to replace the current plastic shrink wrap. The collaboration stems from an innovation competition organized by Paper Province. "Billerud's team presented a sharp and concrete solution that conveys sustainability, reflects the content, and visually stands out in stores. We are confident that we together can develop a packaging with good technical properties, that can add value to our products and have an achievable implementation in the factory.", says Tjalling Chaudron, Product Development Manager at Moelven Wood. Replacing the current shrink wrap packaging with one made from renewable materials is a step towards reducing Moelven Wood's carbon footprint. "The packaging solution that we presented offers a modern and attractive packaging for a modern and attractive panel.", says Björn Larsson, Business Development Manager at Billerud.

Novolex® announced that two of its brands, Eco-Products® and Vegware™, have earned coveted awards for their innovative solutions in compostable packaging. Eco-Products and Vegware were each honored with the Foodservice Packaging Award for Innovation in Manufacturing, tying for first place. Eco-Products earned the award for making high-quality digital print a reality on molded fiber packaging. Vegware was recognized for creating a compostable paper cutlery solution for markets that need fiber solutions across all packaging categories. “We are extraordinarily proud of our brands for their tireless commitment to innovation, creating new products that redefine excellence as we lead the way to a more sustainable future,” said Adrianne Tipton, PhD, Chief Technology Officer of Novolex.

Georgia-Pacific reinvested approximately $2 billion back into its business and operations in 2023. These capital improvement projects include launching and completing new facilities and enhancing existing operations. Each investment helps Georgia-Pacific better serve customers, and increase productivity and efficiency, while also creating greater economic opportunities for each facility's local economy. Georgia-Pacific made several investments large and small across its businesses. The projects listed below are large initiatives valued at approximately $100 million and up. For an overview of the projects, go to: https://www.youtube.com/watch?v=ATZglG3C5m4

International technology group ANDRITZ has received an order from Papel Prensa S.A. to supply a complete old corrugated containers (OCC) line including a reject handling system to its mill in Buenos Aires, Argentina. In its initial production phase, the new line will process 180 t/d of local OCC. The line's processing capacity can be easily increased through a minor adjustment to configuration to support the expected rise in pulp demand for the production of corrugated paper. The new line will provide high pulp quality at cost-efficient and resource-saving operation, with the latest technology available.

Work has begun on Saica Group’s new corrugated board factory in Barcelona, which will start operating in the spring of 2025. Located in the municipality of Sant Esteve Sesrovires, the plant will combine the operations currently carried out at Saica Pack El Prat and Saica Pack Barcelona. The new project involves an investment of more than Euro 100 million and aims to increase the current joint production of the two factories by up to 45%. The new factory will be equipped with the latest technology, seamlessly combining flexography and offset processes. It will offer significant advances through the digitalisation of customer services, enabling Saica to deliver the high-quality standards and service that set them apart from the market.

SCA is Europe’s largest private forest owner; and in addition to producing wood, the company’s 2.7 million hectares of land offer considerable wind power production capacity. This provides the company with excellent opportunities to produce renewable electricity with land-based wind power. More than 20 per cent of Sweden’s installed wind power is currently on SCA land in northern Sweden. By investing in its own wind power capacity, SCA is striving to become fully self-sufficient in electricity. In order to achieve a high degree of self-sufficiency at the lowest possible risk, the company has actively chosen not to enter into so-called Power Purchase Agreements (PPA). “We want to be able to produce renewable electricity and have a high degree of self-sufficiency to meet our own needs. We want to do this at low risk and have therefore waived PPA, for example regarding production at Skogberget,” says Mikael Källgren, President Renewable Energy at SCA.

Rottneros AB, one of the world's leading suppliers of first-class market pulp, is now investing in Blue Ocean Closures and becomes a co-owner of the Swedish start-up, developing proprietary fiber-based packaging materials. Since just two years, Blue Ocean Closures AB has developed technology to produce fiber-based closures for consumer packaging at large scale, aiming to replace current plastic solutions on a global market. The innovative technology and material have potential for many more high volume use cases and making an impact in terms of reducing plastic pollution and its climate effects.

Five small timber growers in KwaZulu-Natal, have made history by becoming the first participants in the Sappi Khulisa programme to achieve forest certification through the Programme for the Endorsement of Forest Certification (PEFC) in the Sappi Group Scheme for small growers. The five timber growers, with a total 8,143 hectares of timber area, have been successfully audited and awarded a PEFC Group Scheme certificate. The recipients of this significant award and founding members of the Sappi PEFC Group Scheme are the iMfume Cluster, consisting of more than 20l individual small growers from the Mfume district near Scottburgh, Sobengwe Trading from Ixopo, MG Farming from Richmond, Mclean M from Underberg, and Braecroft Timbers (Pty) Ltd from Underberg.

She will take office during the first half of 2024 and will be part of the Rottneros group management. The background is that Rottneros Packaging is now entering the next phase as the leading supplier of high-quality fiber-based packaging. This involves an increased focus on developing market position and reaching the right customers with full force, as well as increasing production capacity. So far, the main focus has been on developing the product and production process. Interest and demand are growing strongly for molded fiber trays as a sustainable alternative to fossil-based packaging. As part of Rottneros' commitment, the organization needs to evolve with both more people and new skills to maintain the pace of business development and enhance the group's leading market position.

Our durable packaging material can be recycled up to 25 times, and still do an important job in society. They also play an essential role in the global loop of paper recycling, which requires long fiber to be constantly added in order to work. With the ability to be born again and again – first as strong packaging, later as egg cartons or tissue. After six cycles the paper material can continue its journey, being recycled up to 25 times* into various everyday applications such as egg cartons and tissue. With an estimated shelf time of two years a single batch of our paper could potentially remain in use for about 50 years. Our durable paper is an important element in the recycling loop. By choosing our paper, you are not just selecting a product; you are participating in a cycle of environmental responsibility.

Stora Enso will record non-cash impairments of approximately EUR 514 million in its IFRS operating result in the fourth quarter of 2023. The impairments will be reported as an item affecting comparability (IAC). Including the estimated positive tax effect of EUR 65 million, the net result impact will be approximately EUR 449 million negative. The fixed asset impairments in the Packaging Materials division mainly relate to the Business Unit Containerboard and in the Biomaterials division to the Nordic production units. The impairments are mainly a consequence of Stora Enso's predictions of a weaker outlook compared to previous estimates.

RM Machinery announces the installation of a second press from the RMGT 10-Series line to Relevant Packaging of Omaha, Nebraska—the RMGT 1060TP-8 (7/1)+DD+LD. The installation, which took place in September 2023, coincided with the folding carton company’s milestone of achieving 40 million impressions on its RMGT 1050LX-6+CC+LD, a press purchased from RM Machinery in November 2022. The two RMGT presses from the 10-Series line are now predominantly responsible for Relevant Packaging’s folding carton production. Prior to purchasing the RMGT 1060TP, Relevant Packaging operated an offset press from another manufacturer that required multiple passes during production over the course of seven days. With the 1060TP, Relevant Packaging was able to cut its production time to four days thanks to the press’s ability to print seven colors on one side and an eighth on the other using UV ink in a single pass.

Cortec® is pleased to announce that its Cortec® Coated Products (CCP) division in Eau Claire, Wisconsin, has won the Wisconsin Recycling Excellence Award! CCP is one of 11 organizations that received the award this year from the Wisconsin DNR (Department of Natural Resources) in recognition of outstanding efforts to recycle and reduce waste. CCP’s award falls under the category of “Projects and Initiatives” that have led to the recycling of more material and/or better recycling cost-effectiveness. In addition to sourcing most of its paper rolls from recycled content, CCP’s specialty is to apply a corrosion inhibiting coating that still allows the paper to be recycled after use. This is an important environmental benefit for manufacturers and distributors that use Cortec® VpCI® Paper to package and protect metal parts in a variety of industries.

Mondi has introduced its Advantage StretchWrap, a paper wrapping solution that replaces plastic stretch film and enables a more efficient logistics process, to Sentrex, a European manufacturer of paper bags. Advantage StretchWrap is a fully recyclable kraft paper that is made from responsibly sourced materials. Mondi developed it to stretch and resist punctures, making it ideal for replacing the plastic stretch film that has traditionally been used for pallet wrapping and transportation. Advantage StretchWrap has 62% lower greenhouse gas (GHG) emissions when compared to virgin plastic stretch film, and 49% lower GHG emissions when compared to plastic film made with 50% recycled content, according to a peer-reviewed independent life cycle assessment.* By switching to Mondi’s kraft paper solution and using EW Technology’s fully automated machinery, Sentrex was able to increase efficiency in the wrapping process: The production of the paper bags requires a drying process to remove moisture from the bags before they can be wrapped in plastic stretch film, to avoid condensation within the packaging. Mondi’s Advantage StretchWrap is breathable and can therefore be used to wrap and pack products immediately after paper bag production within one in-line process.

Elopak has announced plans to build its first U.S. production plant with the latest state-of-the-art technology for better and more efficient production. The plant will produce Pure-Pak® cartons for liquid dairy, juices, plant-based products and liquid eggs. The new production facility will be located in Little Rock, Arkansas and is expected to start production in H1, 2025. It represents a significant investment for the region of around USD 70 million including the land, the building and the equipment. The new plant will create more than 100 permanent jobs in the region for engineers, printers, operators, logistics specialists and other support groups.

The newest products made with at least 10% PCR include: • Signature dessert cups: Designed to enhance dessert presentations, these transparent cups are available in three sizes and come with a universal lid. All are made with polyethylene terephthalate (PET), a strong, lightweight and recyclable plastic. • CakePak™ bases and lids: These clear containers offer the patented EZ Release™ system that features easy-to-use lift tabs, making the containers simple to open and seal. They offer different bases to fit various cake designs, with customization options available. • BreakAway™ tamper-evident containers: These clear containers keep food safe and secure with a tamper-evident feature indicating when the top has been removed. They also are stackable and available in various popular sizes and shapes. • Multi-use clamshells: These clear containers provide optimal product visibility and enhance food presentation. They also feature a secure closure that provides a tight seal to keep food fresh. The clamshells come in a variety of custom shapes and sizes, making them ideal for loaf cakes, cookies and more.

UPM Raflatac has released the findings of a new neuromarketing study. Results show the power of different label materials and finishes to shape consumer perceptions and drive purchasing. Focused on white wine labels, the research carried out in collaboration with partners in the packaging value chain, ARGEA, SenseCatch, Kurz, and Krämer Druck, shows that label material and finishes all have a significant part to play in consumer purchasing behavior and post-purchase enjoyment. The research has been summarized in a book, which also features a foreword by Uwe Melichari, a sustainable packaging expert, designer, and Pentawards jury member. The book is available in three languages and as a digital version. A wine’s label plays a pivotal role in the consumer’s decision to buy it or not. In fact, according to a study on the wine sector conducted by wine.net, it was found that 82% of a sample of 2000 consumers relied primarily on the label to choose their favorite wine. Many other studies have also commented on the link between the perceived taste of wine and expectations, and how these are influenced by the label’s color, shape, paper, printing technique, and overall design.

Aptar Pharma, a global leader in drug delivery systems, services and active material science solutions, today announced the opening of its new Aptar Mumbai site, which will increase manufacturing capabilities in South East Asia. An inauguration ceremony held on December 1, 2023, marked the official opening of the new Aptar Mumbai production facility in the Palava Industrial and Logistics Park at Taloja, Mumbai. Members of Aptar’s Executive Committee and Aptar Pharma’s Global Leadership Team welcomed more than 100 key customers and Aptar employees from the Mumbai and Hyderabad, India sites to this momentous occasion, which included a ribbon cutting and tree-planting ceremony. Manufacturing capabilities at Aptar Mumbai, which began in 2012 with the assembly and supply of metered dose valves and pumps, have now been expanded to offer more innovative product solutions and ensure increased manufacturing capacity to pharma customers in South East Asia.

A 100 per cent recycling target by 2050 for the world’s aluminium drinks cans has been set by industry leaders at COP 28. Aluminium producers, recyclers, rolling mills, can makers and industry associations have set the target having stressed the need for enhanced recycling to support the IEAs Net Zero 2050 goal. Currently more than 70 per cent of aluminium beverage cans are recycled into new products but this figure falls short of making the complete contribution necessary for achieving the 1.5-degree target.

Fourth Quarter Results Include (all results compared to the fourth quarter 2022 unless otherwise noted): *Net income of $67.8 million or $1.16 per diluted Class A share compared to net income of $99.5 million or $1.67 per diluted Class A share. Net income, excluding the impact of adjustments(1), of $90.9 million or $1.56 per diluted Class A share compared to net income, excluding the impact of adjustments, of $109.0 million or $1.83 per diluted Class A share. *Net cash provided by operating activities decreased by $83.1 million to $203.5 million. Adjusted free cash flow(3) decreased by $98.3 million to $136.2 million. Fiscal Year Results Include (all results compared to the fiscal year 2022 unless otherwise noted): *Net income of $359.2 million or $6.15 per diluted Class A share compared to net income of $376.7 million or $6.30 per diluted Class A share. Net income, excluding the impact of adjustments, of $358.7 million or $6.14 per diluted Class A share compared to net income, excluding the impact of adjustments, of $471.2 million or $7.87 per diluted Class A share. *Net cash provided by operating activities decreased by $8.0 million to $649.5 million. Adjusted free cash flow decreased by $25.1 million to $481.2 million.

Paper production in Laakirchen and Steyrermühl is undergoing radical changes. The two sites - in future both part of the HEINZEL GROUP - are to grow together into a center for sustainable packaging papers, renewable energy and wood processing. Several key projects are planned and the projects are being presented at a press conference of Laakirchen Papier AG on Wednesday, December 6th: from the conversion of the paper machines to the production of sustainable packaging papers to the conversion of the energy supply to renewable energy sources through the use of existing recyclable and residual materials to the expansion of district heating. The HEINZEL GROUP is pursuing ambitious climate targets, focusing even more on the circular economy and planning to significantly reduce its consumption of fossil natural gas.

Mondi has expanded its range of saturating kraft paper and increased capacity, in order to improve and enhance its service to manufacturers of internal and external building panels, worktops, furniture and technical films. With the previously announced investment in a new paper machine at its Štĕtí plant in the Czech Republic and further increases in production efficiency, Mondi will optimise capacity across its mill network, providing increased production of its saturating kraft, Advantage MF Boost, at Mondi Frantschach in Austria and Mondi Dynäs in Sweden. Both Frantschach and Dynäs mills are ideally placed to deliver short lead times across Europe and provide customers with reassurance of good service and production back-up. These changes signal Mondi's commitment to increase the availability of Advantage MF Boost – the kraft paper that is used in laminated applications.

Global packaging leader Sonoco is pleased to announce the expansion of its flexible packaging service operations with the acquisition of Inapel Embalagens Ltda. in Brazil. Inapel has been an industry leading flexible packaging manufacturer for over 50 years. The company currently operates two facilities in São Paulo – one in Jundiai and the other in Guarulhos – with approximately 500 employees companywide. Production capabilities range from rotogravure printing, adhesive and extrusion laminations, specialty coatings, cold seal, pouching and cylinder engraving. Inapel will add to Sonoco’s existing flexible packaging operation in Pinhais, Brazil. The Sonoco Graffo site has been a top producer of high-quality rotogravure printing and sophisticated lamination for eight years and is one of the largest converters of foil-based flexibles packaging.

Georgia-Pacific seeks to grow its retail consumer tissue business through a $150 million investment in its facility in Halsey, Oregon. Investments at Halsey, which started in 2022, will increase production capacity for high quality bath tissue, with initial production expected in 2025. When the work at this facility is complete, Georgia-Pacific will have invested more than $200 million in paper machine and converting assets. “This truly is an investment in our customers and consumers who appreciate the quality of our products,” said Vivek Joshi, president of the retail tissue, towel, and napkin business for Georgia-Pacific. “It is a clear indication of Georgia-Pacific’s focus on growing our premium tissue business and creating products that consumers value.” The Halsey facility makes both bath tissue and paper towels for the consumer market, and the improvements will support Georgia-Pacific’s premium tissue offerings, such as Quilted Northern Ultra Plush® tissue, as well as customer branded tissue.

Liberty Coca-Cola Beverages, a local Coca-Cola bottler serving Philadelphia, New Jersey and New York City, and WestRock will collaborate to implement a paperboard carrier that replaces plastic rings for its multipack bottled beverages. WestRock’s PETCollar™ Shield Plus paper-based packaging will be used at Liberty’s Philadelphia production facility to package Coca-Cola’s top brands in multipacks. The 12 ounce (355 millileter) and 16.9 ounce (500 milliliter) products packaged with the durable, easy-to-hold carriers will be distributed throughout Liberty’s multi-state territory. Liberty Coca-Cola Beverages will be the first bottler in the world to implement the PETCollar Shield Plus bottle clip solution. “We’ve made it our mission to invest in technology that produces recyclable beverage containers that can return to our system while significantly reducing the need for secondary plastic packaging,” said Fran McGorry, co-owner of Liberty Coca-Cola Beverages. “We know the most valuable change to reduce plastic waste occurs when bottlers and packaging producers work together. We are proud to partner with WestRock to make this change.”

Huhtamaki accelerates strategy implementation by starting a program which is expected to materially support the profitability of Huhtamaki with efficiency improvements leading to savings of approximately EUR 100 million over the next three years. All cost levers will be addressed including potential restructuring to a more optimal manufacturing footprint, reducing input costs at an accelerated pace, and improving productivity globally. The costs of the program are expected to be approximately EUR 80 million, which upon materialization will be treated as items affecting comparability. The program’s performance will be monitored and communicated on a regular basis. Huhtamaki’s updated 2030 growth strategy was announced in March 2023. It is focused on scaling the profitable core for growth, innovating in sustainable packaging solutions for additional growth, and delivering world-class operational performance. With this updated strategy the Company raised its long-term financial ambition to grow 5-6% p.a., reach 10-12% adjusted EBIT%, and deliver 13-15% adjusted ROI.

CANPACK Group and BA Glass announce that on November 28th they have entered a definitive agreement whereby CANPACK Group will transfer its CP Glass operations in Poland to BA Glass. Consequently, the CP Glass plant located in Orzesze will be incorporated into the existing glass operations of BA Glass in Poland where BA operates two plants located in Sierakow and Jedlice. The parties are committed to ensure a smooth transition of the CP Glass operations and employees into the BA Glass organization in Poland. This agreement, which is pending customary merger control approval from the Polish competition authority and other customary closing formalities, is anticipated to be completed during the first half of 2024. Marius Croitoru, CANPACK Group CEO stated: “CP Glass is a strong niche manufacturer of glass bottles for beverages, and we are confident that our CP Glass operations and team will find a new home with BA Glass, one of the world leaders in the manufacture of glass packaging. With this sale, CANPACK Group will continue to focus its resources on its core businesses.”

Smurfit Kappa has launched its new SupplySmart digital solution, which helps businesses to intelligently adapt their packaging to increase efficiency and reduce emissions across their supply chains. SupplySmart has evolved to tackle increased supply chain complexities and uncertainty in a world which has seen one supply chain disruption after another. Using insights from the analysis of over 100,000 supply chains, it identifies opportunities for optimisation across the entire length of the supply chain. Its new digital twin feature also allows businesses to test their updated packaging in a virtual environment to eliminate risks ahead of implementation. Leading German consumer goods company Henkel partnered with Smurfit Kappa to launch a compact and sustainable paper-based alternative to plastic packaging. SupplySmart was used to build a digital model of Henkel’s supply chain to achieve the company’s goals of reducing CO2 emissions while introducing a more user-friendly and compact pack.

The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Swedish company Billerud, a world-leading paper and packaging materials supplier. The loan supports investments in the modernisation and upgrade of a bioproduct mill, including the replacement of a recovery boiler. The upgrades are well anchored in Billerud’s sustainability strategy and will secure high environmental performance for the mill, with increased energy and resource efficiency. Materials made at Frövi mill are used in various packaging applications, with a particular focus on food and beverage packaging — an area that has strict requirements in terms of durability and hygiene standards. Fibre-based packaging has the advantage of being fossil-free, recyclable, and biodegradable — features that set it apart from fossil-based types of packaging. Materials produced by Billerud can be recycled many times and made into recycled board, before finally being used for energy production.

With the ongoing development of the United Nations Treaty on Plastic Pollution, governments from over 170 nations are working toward policy measures to combat the negative environmental impacts of hard-to-recycle plastics. The introduction of bans, levies, and increased disposal fees for EPS packaging materials will continue to be on trend for the foreseeable future, especially in regions lacking recycling infrastructure. Corrugated packaging solutions are 100% recyclable and 100% compostable, making them the ideal packaging material. What’s more, Mondi’s corrugated packaging solutions includes a wide portfolio of corrugated boxes made of recycled fibres. Paper-based packaging boasts an impressive 82.5% recycling rate in Europe, outperforming the combined recycling rates of all other packaging materials.7 The recycling value of corrugated packaging has enormous potential worldwide. Paper fibre can be recycled with good quality many times, keeping fibres in circulation.8,9

The project to expand folding boxboard production capacity has been completed at the Husum integrated pulp and paperboard mill in Sweden. With the modernisation of the board machine 1 (BM1), the annual production capacity of folding boxboard (FBB) will be increased by 200,000 tons to reach 600,000 tons. This will make the Husum BM1 the largest, and most modern, paperboard machine in Europe and further strengthen Metsä Board’s position as the leading European supplier of folding boxboards. The expansion of folding boxboard capacity is in response to the growing demand for packaging materials made of renewable resources. The BM1 produces folding boxboards that are lightweight, without sacrificing strength properties, which saves on raw materials usage and helps to reduce the carbon footprint of packaging.

Due to uncompetitive wood prices from the Polish State Forestry Monopoly and significantly reduced market demand for paper and cardboard products, the company has decided to significantly reduce the planned multi-year strategic investment project at MM Kwidzyn with a focus on energy, further pulp integration and product portfolio, which was announced at the end of April 2023 . MM Kwidzyn will instead focus investments on further increasing its already high share of renewable energy from the current 69%. In addition, discussions were started with employee representatives about a possible closure of the small paper machine (PM 3) for packaging kraft paper and about restructuring, which could lead to a reduction in the workforce of around 110 employees. MM Kwidzyn will continue pulp and virgin fiber board production unchanged. In the paper sector, the PM 1 and PM 2 paper machines will continue to produce up to 360,000tpa of uncoated fine paper and 40-80,000tpa of “IPACK TM Strong Pro” (packaging kraft paper). Since one of the fine paper machines has not been converted, no sack kraft paper will be produced in Kwidzyn.

The third-party certification verifies mass balance chain of custody and traceability from raw materials to finished products. Given this, Pregis can produce films classified as advanced recycled (circular, bio-circular and/or bio-based). Ryan Wolcott, chief sustainability officer, explains the significance of this achievement, "Obtaining ISCC PLUS certifications for two additional facilities is a pivotal step in furthering our circular economy goals. This certification validates our ongoing investments in product development and our commitment to sustainability and lowering greenhouse gas emissions. This step represents one more path toward overcoming plastic waste and our goals of incorporating recycled content into our products through both mechanically recycled and advanced recycled sources."

TC Transcontinental announced that it will be phasing out operations at its Tomah (WI) packaging plant in anticipation of the complete closure of the facility in early February 2024. Operations will gradually be transferred to TC Transcontinental Packaging’s plants in Battle Creek (MI), Clinton (MO), Elgin (IL), Lenexa (KS) and Spartanburg (SC) to ensure a smooth transition for customers and maintain high-quality service. “In line with our priority of optimizing the return on our assets, reducing costs and improving operational efficiency, we have made the decision, after thorough consideration, to close our Tomah, Wisconsin, plant. Servicing our customers in the most competitive manner is something we are constantly evaluating and taking action on,” said Jeff Lasley, Senior Vice President, Dairy, Protein and Pet Food (DPP), Latin America and New Zealand, TC Transcontinental Packaging.

Pactiv Evergreen Inc. released its latest Environmental, Social and Governance Report, 'Packaging a Better Future,' sharing progress toward the Company’s ambitious goals in 2021 and 2022. The report highlights advancements across the Company's three strategic ESG pillars – Protect Our Planet’s Resources, Deliver Sustainable Products Essential to Consumers and Value Our People and Communities, supported by strong ESG governance practices. “Our commitment to sustainability is foundational to our Purpose of Packaging a Better Future and is guided by our Value to Do What’s Right to deliver sustainably manufactured products with ethics and integrity,” said Mike King, President and Chief Executive Officer of Pactiv Evergreen. “Every day we strive to operate with respect for the environment and are dedicated to sustainability across our product portfolio, manufacturing and supply chains.”

Matrix Pack, a leading global provider of fiber-based food packaging products and solutions, partnered with Stora Enso’s Fiber as a Service (FaaS) to successfully accelerate the time-to-market of their molded fiber range. Fiber as a Service helps converters broaden their offering, assisting them with everything needed from education to support, tools, recipes, and a broad network of suppliers. To help converters broaden their offerings with molded fiber products, Stora Enso has launched Fiber as a Service. Also called: FaaS, an all-in-one service to help converters with wet and dry molding of, for example, cup lids, bowls, cutlery, and other similar products. Whether it is about getting started or scaling up production, FaaS by Stora Enso can help with material supply, consultancy, and tooling. The idea is to support converters produce molded fiber products to meet regulations and serve consumer demand.

Clearwater Paper Corporation announced a collaboration with Charter Next Generation (CNG) for an early-to-market initiative to include advanced recycled polyethylene in Clearwater Paper's private label tissue packaging offerings. Advanced recycling includes difficult-to-recycle waste plastics converted into new plastics that perform like virgin materials. The purchase of this material in the place of traditional resins helps to give new life to some plastics otherwise headed to landfills. "CNG is providing a competitive edge and is leading the way in transforming waste plastics into useful products. This advancement is critical to our success in meeting and exceeding sustainability goals for Clearwater Paper," said Mike Urlick, senior vice president and general manager, consumer products at Clearwater Paper.

Fourth Quarter Highlights *GAAP: Net sales of $3.1 billion; Operating income of $301 million; Earnings per share (EPS) of $1.55 *Returned $216 million to shareholders ($185 million via share repurchases and $31 million in dividends). Fiscal Year Highlights *GAAP: Net sales of $12.7 billion; Operating income of $1.1 billion; EPS of $4.95 *Cash flow from operations of $1.6 billion; Free cash flow of $926 million *Returned $728 million to shareholders ($601 million via share repurchases and $127 million in dividends)

Eco-Products® announced today that it has been recertified as a B Corporation, once again achieving the coveted distinction for meeting “high standards of social and environmental performance, accountability and transparency.” This is the third time the company has gone through the rigorous certification and verification process. To achieve this distinction, Eco-Products met score requirements of the B Impact Assessment, which rates business factors such as employee benefits, civic engagement, DE&I initiatives, product environmental benefits and the impacts of business operations.

Vegware™, a leading provider of compostable foodservice packaging solutions, is thrilled to announce its first certification as a B Corporation. This prestigious recognition reflects Vegware’s commitment to ethical and responsible business practices that benefit both society and the environment. The certification is a testament to Vegware’s dedication to fostering positive change. By meeting rigorous social and environmental performance standards, Vegware has joined a global community of businesses that prioritises environment, people, community and also purpose.

Following successful commercial consumer testing in 2022, Tetra Pak and Lactogal have now launched an aseptic beverage carton featuring a paper-based barrier. This is part of a large-scale technology validation, involving around 25 million packages and currently ongoing in Portugal. Made of approximately 80% paperboard, the package increases the renewable content to 90%, reduces its carbon footprint by one third (33%1) and has been certified as Carbon Neutral by the Carbon Trust™.2 Greenhouse gas emissions, food waste and plastic littering are cited as the top three environmental sustainability concerns facing food and beverage (F&B) businesses today, and this is expected to remain the case over the next five years.3 Packaging solutions like these, that expand the amount of paper and lower the carbon footprint, while ensuring food safety, can help the industry overcome these challenges.

Trioworld launched the first ever Post-Consumer Recyclates (PCR) based bale wrap in Agritechnica 2019, the world’s largest agricultural exhibition. With more than five million bales successfully wrapped in high-performance bale wrap made of recycled content since then, Trioworld now displays a full assortment of premium products for baled silage with recycled content at Agritechnica 2023. “We believe that this is the bale wrap of the future”, says Anders Larsson, Product manager Agricultural stretch films at Trioworld. “The performance is just as we want it. Silage quality and wrapping performance have proven to be on equal level as with our premium products without PCR. The fact that five million bales have been successfully wrapped with our bale wrap containing recycled material is just additional proof that it really does work”, he continues.

Norske Skog announced that the start-up of the rebuilt PM 1 at its Golbey mill in France will we delayed and has been again postponed from Q2 2024 to the second half of next year due to delivery delays. In addition, the net investment amount for the conversion project will increase from €265m to €300m, primarily due to increased purchase prices for goods and services as well as somewhat delayed deliveries of equipment. In July this year, the company had postponed the start-up to Q2 2024 in order to align it with the commissioning of the new biomass boiler. The Golbey project is to convert PM 1 from newsprint to recycled containerboard production. The rebuilt paper machine will have an output capacity of 550,000 tpy, and Norske Skog expects the machine to run at 95 per cent of full capacity within two to three years after start-up. PM 1 formerly produced up to 250,000 tpy of newsprint and was stopped in the fourth quarter of 2022 to commence the rebuild.

Smurfit Kappa has developed a recyclable film to replace the nylon which is commonly used in bag-in-box products, particularly in the US. Nylon bags are often used in bag-in-box packaging which requires extra protection, for example motor oil or detergents or large industrial-use food bags. Nylon is also sometimes chosen when there is particularly long or complex supply chain. Smurfit Kappa Bag-in-Box has developed a polyethylene film which has similar properties to nylon, in terms of strength and resilience but, unlike nylon, is recyclable. Massimiliano Bianchi, COO of Smurfit Kappa Bag-in-Box, commented: “Our new Lx polyethylene film is much better for the planet because polyethylene is the most developed recyclability stream in the flexible packaging sector.

Trioworld, a leading producer of innovative, high-performance plastic packaging solutions in Europe and North America with its head office in Sweden, is proud to announce that it has once again received the EcoVadis Platinum medal, the highest-level of recognition from EcoVadis, a leading provider of business sustainability ratings. “I am again truly honoured by this third consecutive EcoVadis Platinum medal”, says Andreas Malmberg, CEO of Trioworld Group. “This acknowledgement of our ambitious sustainability agenda and performance is of great value to us as well as to our customers. Cooperation and credibility are essential components if we are to achieve sustainable value chains, that include flexible plastic packaging, to accelerate the journey towards a circular economy for plastics.” continues Andreas Malmberg. “The EcoVadis Platinum medal helps us to provide our stakeholders with a deeper understanding of our ESG practices by demonstrating our sustainability performance through a scorecard. And it encourages us to continuously improve our processes and performance,” says Andreas Malmberg.