Consumers want to purchase products that are healthy and taste good with the added advantage of being eco-friendly — from the ingredients to the packaging. More and more Grocery Shoppers are being more thoughtful about the products they buy and the type of packaging these products come in. The insights below identify some actions consumers are taking to lead a more sustainable lifestyle.
see the infographic at: http://evergreenpackaging.com/wp-content/uploads/EP-SmartBrief-Ad-3_FINAL9.19.17.pdf
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CEO Peter Konieczny said: "Amcor delivered a solid second quarter result aligned with the expectations we set out in October, giving us the confidence to again reaffirm our guidance for the fiscal year. We continued to execute well on our underlying business, delivering our fourth consecutive quarter of sequential volume improvement. Margins continued to expand, supporting adjusted EBIT and EPS growth of 5% on a comparable basis for the quarter." “We also announced the next transformational step for Amcor, agreeing to combine with Berry Global. Bringing these two companies together will deliver on our strategy to become an even stronger company with accelerated volume-driven organic growth achieved through an unwavering focus on our customers, sustainability and portfolio mix. The combined company will have enhanced positions in attractive categories, the material science and innovation capabilities required to further revolutionize product development and a broader, more complete portfolio of primary packaging solutions for consumer and healthcare customers. With faster growth and $650 million of identified synergies, this combination will drive significant near and long term value for all shareholders. The path to completion is well advanced and we remain on track to close in mid calendar year 2025.”
Tetra Pak and Mengniu Group today announce the launch of a limited edition Milk Deluxe Pure Milk range, customised with 30 different designs of masterpieces from Van Gogh and Monet. Packaged in Tetra Prisma® Aseptic 250 Edge cartons with DreamCap™ 26 closure, the special edition range has been brought to market through a collaboration with Meet You Museum. The cartons are now accessible to consumers across Greater China – online and in stores. Mengniu is the first dairy brand in the world to offer consumers these striking designs, which include some of the world’s most celebrated art, exploiting the unique design variability offered by Tetra Pak® Custom Printing. These “handheld” works of art offer consumers an immersive experience, all whilst enjoying a nutritious milk drink. Demand for product personalisation is increasing, as well as consumer expectations about more authentic engagement with brands. For food and beverage (F&B) manufacturers, leveraging technology such as Tetra Pak® Custom Printing presents an opportunity to creatively respond to this rising demand; therefore, deepening the connection and interaction with consumers.
*Reported Earnings: For the first quarter 2022, net earnings attributable to the Company were $0.55 per share (diluted) compared to a loss of $0.62 per share in the first quarter of 2021. First quarter 2022 earnings before income taxes were $170 million, compared to a loss of $65 million in the prior year quarter. Both periods included items management considers not representative of ongoing operations and other adjustments. *Segment Operating Profit: Segment operating profit was $231 million compared to $175 million in the prior year quarter. Segment operating profit benefited from 6.4 percent higher sales volume and 3.7 percent higher production volume (in tons). Likewise, higher segment operating profit also reflected favorable net price, continued solid operating performance and benefits from O-I’s ongoing Margin Expansion initiatives. These benefits were slightly offset by higher logistics costs.