As U.S. consumers become increasingly aware of the environmental impacts of the products they use every day, there remains a wide gap between perception and reality when it comes to the sustainability of paper products – but the gap has narrowed over the past two years. Overall, 44% of consumers believe paper products are bad for the environment, down from 48% in 2021.This according to a new survey commissioned by Two Sides North America and conducted by global research firm Toluna. “It’s great to see improvement in consumer attitudes about paper and the environment, but we need to accelerate this trend if paper products are to remain competitive in an ever-changing marketplace,” says Two Sides North America President Kathi Rowzie.
Heidelberger Druckmaschinen AG (HEIDELBERG), the largest supplier and technology leader for the folding carton market, expects the segment to grow worldwide by more than two percent annually over the next few years. According to a study by the US market research institute Smithers, the total value of folding carton production will reach 160 billion US dollars by 2026. For HEIDELBERG, folding carton represents a strategic growth segment and already accounts for nearly half of the company’s sales. An important driver in the market is the growing environmental awareness of consumers, who are increasing their preference for more sustainable paperboard packaging over plastic.
DFA Two-Year Milestones Include: *Aligned for Operational Excellence: USPS is intensely focused on becoming the high-performing organization the public expects. *Positioned to Financially Break Even Over Next 10 Years, Despite Inflation: Just two years into the 10-year plan, projected losses for the decade have been reduced by more than half — from $160 billion to $70 billion. *Fostering Service Excellence for the American People: We have already reversed years of declining reliability and are closing in on meeting the primary objective of 95 percent on-time performance across all mail types. *Converting 125,000 Employees to Full-Time Positions: We have focused steadily on stabilizing our workforce and have converted 125,000 pre-career workers to full-time career employees since October 2020, including 50,000 conversions between April 2022 and March 2023.
**Net sales increased 9% to $127.4 billion in the first quarter, compared with $116.4 billion in first quarter 2022. Excluding the $2.4 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 11% compared with first quarter 2022. *North America segment sales increased 11% year-over-year to $76.9 billion. *International segment sales increased 1% year-over-year to $29.1 billion, or increased 9% excluding changes in foreign exchange rates. *AWS segment sales increased 16% year-over-year to $21.4 billion. **Operating income increased to $4.8 billion in the first quarter, compared with $3.7 billion in first quarter 2022. First quarter 2023 operating income includes approximately $0.5 billion of charges related to estimated severance costs. *North America segment operating income was $0.9 billion, compared with operating loss of $1.6 billion in first quarter 2022. *International segment operating loss was $1.2 billion, compared with operating loss of $1.3 billion in first quarter 2022. *AWS segment operating income was $5.1 billion, compared with operating income of $6.5 billion in first quarter 2022.
The new research, which was carried out by environmental experts WSP, and commissioned by Marketreach, has produced a full carbon Life Cycle Assessment of mail. This is the first time Marketreach has looked in-depth at every element, from forest source to end-of-life, via the processing, design, production and delivery stages. It has found that, by taking every opportunity to regenerate, reinvent, reduce, reuse and recycle, mail can contribute to a circular economy, and be part of an effective marketing mix. *New industry-first study by WSP and Marketreach assesses full carbon lifecycle of mail and its contribution to a circular economy *Interactive online tool from Marketreach empowers commercial mail users to determine the carbon impact of different formats across the supply chain *Bold and disruptive creative campaign, including direct mail and out-of-home (OOH) launches today and throughout the planning and delivery teams have been considerate of the environment.
First Quarter 2023 Highlights: • Reported sales grew 2% and core sales increased 4% driven by demand in Pharma and Beauty • Aptar Pharma reported sales growth of 4% and core sales growth of 7% • Aptar Beauty reported sales growth of 6% and core sales growth of 9% • Reported earnings per share decreased 12% to $0.82, due to restructuring charges • Operating cash flow was $98 million, up from $92 million in 2022
First Quarter Overview: *EBITDA growth of 13% to €579 million with an EBITDA margin of 19.3% *ROCE of 21.6% *Net Debt to EBITDA ratio of 1.2x *Finalised exit from Russian business. Tony Smurfit, Group CEO, commented: “Smurfit Kappa is reporting another strong performance for the first quarter with EBITDA of €579 million, an EBITDA margin of 19.3%, a ROCE of 21.6% and a net debt to EBITDA of 1.2x. This performance reflects the continuing benefits of our integrated model, the effectiveness of our capital spend, our constant focus on innovation for customers and our geographic footprint.
The more challenging macroeconomic scenario and market pulp fundamentals pressured the revenues during the quarter. The decline in pulp prices and sales volumes in relation to the previous quarter resulted in lower adjusted EBITDA from the segment compared to 4Q22. The paper business unit registered EBITDA per ton growth, driven by better prices despite lower sales volume associated with a strategy to recompose inventories. Consequently, adjusted EBITDA in the quarter came to R$6.2 billion, down 25% from 4Q22, and 20% higher than in 1Q22.
To further strengthen Holmen's market-leading position in book paper and increase production of Holmen's new packaging product, INNR, the company is investing SEK 450 million in rebuilding a paper machine at Braviken Paper Mill. "In 2022, we launched a new corrugated board product, Holmen INNR, which has been well received by the market. Holmen's paper products have a low climate footprint and are lighter than traditional alternatives, making them resource efficient without compromising on strength, quality or overall feel," says Lars Lundin, Senior Vice President Paper. Rebuilding PM52 at Braviken Paper Mill will broaden the product range for book paper while enabling Holmen to efficiently increase the production of fluting for use in the centre layer of corrugated boxes. The rebuild is planned for autumn 2024 with an estimated cost of SEK 450 million.
Together with Nissha Metallizing Solutions, Koehler Paper has developed a premium product and is expanding its offerings in the NexPlus® group of innovative flexible packaging paper products. With its excellent oxygen, grease, and mineral oil barrier properties, the product is suitable for metallizing, making it perfect not only for packaging for food such as chips, energy bars, energy powders, and coffee, but also for non-food products such as cosmetics in powder or solid form. The extremely thin metallized vacuum coating ensures recyclability and contributes to a sustainable circular economy. The Paper is made 100% with virgin fiber pulp from certified sustainable forestry and controlled sources and that is designed to be recyclable in conformity with the latest testing methods. In comparison to conventional plastic packaging, the flexible packaging paper reduces carbon footprints significantly and contributes to a sustainable circular economy.
Mondi has created Protector Bag ExpandForm, a paperbag solution with an expandable feature to safely rollpack mattresses. Protector Bag ExpandForm replaces the current plastic packaging with a flexible and recyclable alternative. The solution is also customisable and can expand to different sizes while holding the mattress securely. The packaging is made with Mondi’s kraft paper, which is responsibly sourced and renewable, and can be recycled contributing to a circular economy. The paper bag is puncture resistant and suitable for printing, meaning brands can customise their deliveries with a high-quality finish. Unlike plastic, the paper layers are also breathable and can emit gas that can evaporate easily with this new packaging.
National Average Price for Regular Unleaded Current: $3.627; Month Ago: $3.435; Year Ago: $4.141. National Average Price for Diesel Current: $4.147; Month Ago: $4.238; Year Ago: $5.123.
American Dollar to Canadian Dollar = 0.732769; American Dollar to Chinese Yuan = 0.144541; American Dollar to Euro = 1.097434; American Dollar to Japanese Yen = 0.007346; American Dollar to Mexican Peso = 0.055389.
Leading global packaging solutions company, Huhtamaki has redefined the possible by using science to develop groundbreaking mono-material technology. Its innovative and sustainable flexible packaging, in Paper, PE and PP Retort, is transformational and meets the demands of both its customers and their consumers. Announcing its game-changing innovation, Dr. Marco Hilty, President of Flexible Packaging at Huhtamaki outlined its importance: “What we’ve done, quite simply, is to redesign the future of flexible packaging by setting new industry standards in mono-material solutions. These blueloopTM innovations are both unique to Huhtamaki and transformational. They simultaneously deliver recyclability, with no compromise in either product protection or affordability. This is the power of three. “These at-scale innovations will support our customers reach the commitments many of them have made, including to use only recyclable, compostable or reusable packaging by 2025 and align with the direction of future policy, both in the EU and globally."
Q1 2023 in brief • Net sales stable at EUR 1,047 million (EUR 1,050 million) • Comparable net sales growth was 2% at Group level and 0% in emerging markets • The impact of currency movements was EUR -0 million on the Group’s net sales and EUR 1 million on EBIT
January–March 2023 (compared to 1–3/2022) • Sales were EUR 542.1 million (582.0). • The comparable operating result was EUR 88.7 million 121.5), or 16.4% of sales (20.9). Operating result was EUR 88.4 million (140.7). • Comparable earnings per share were EUR 0.19 (0.26), and earnings per share were EUR 0.19 (0.31). • Comparable return on capital employed was 13.9 % (21.1). • Net cash flow from operations was EUR 126.4 million (92.6).
*First quarter net earnings (loss) of $172 million ($0.49 per diluted share) *Building a Better IP initiatives delivered $65 million of incremental year-over-year earnings benefit in the first quarter 2023 *First quarter cash provided by operations of $345 million; First quarter free cash flow of $4 million included a $193 million final payment to the IRS for the timber monetization restructuring settlement *Returned $319 million to shareholders through $157 million share repurchases and $162 million in dividends in the first quarter 2023
*Strong execution drives positive year-over-year reported revenue growth *Accelerating innovation evidenced by two new commercially available AI-powered Kensho products *$500 million ASR executed, with additional $1 billion ASR expected to launch in coming weeks *Divestiture of Engineering Solutions expected to close on May 2, 2023
ChatGPT just arrived a few months ago, but the implications of generative AI can seem confounding to the average marketer. Here are a few ways marketers have found to use generative so far in 2023: Image generation: Tools such as Rosebud.ai and Midjourney can generate multiple versions of the same ad to try on various audiences. Notably, Heinz used OpenAI’s Dall-E 2 to create images of ketchup and it did so in a memorable fashion, in which all the images looked like Heinz bottles. Personalization: Using the traditional methods, creating personalized campaigns is often too much work, but generative AI has the promise of making personalization much easier.
This report was prepared in reference to the Global Reporting Initiative (GRI) Standards and the Sustainability Accounting Standards Board (SASB) Containers and Packaging 2018 Sustainability Accounting Standard. Recent achievements highlighted in the report include: *Reducing Scope 1 and Scope 2 emissions by 0.7% in 2022 excluding the acquisition of Sonoco Metal Packaging, and reducing emissions intensity (tCO2e / thousand $ revenue) by 20% *Joining the United Nations (UN) Global Compact to advance support for the UN’s Sustainable Development Goals and Ten Principles Compact *Discontinuing the use of virgin pulp in mill operations with the completion of Project Horizon; all mills now utilize 100% recycled fiber *Conducting water risk studies at 100% of our paper mills using the World Resource Institute (WRI) assessment; building future improvement plans based on findings *Investing in renewable energy through one completed and three additionally approved solar installations projects *Further expanding our Envirosense® portfolio of more sustainable packaging with new paper-based flexible packaging offerings, which supports our customers’ sustainability goals
Sealed Air and Koenig & Bauer AG announced they have signed a non-binding letter of intent to expand their strategic partnership for digital printing machines. The partnership aims to significantly improve packaging design capabilities by developing state-of-the art digital printing technology, equipment, and services. Solutions developed by SEE and Koenig & Bauer will scale and deliver digitally printed materials dramatically faster, enabling brand owners to promote products by connecting with consumers through a digitally enhanced package. The Koenig & Bauer RotaJET-series of digital printing presses will feature SEE’s prismiq™ intellectual property, software and hardware. By accelerating the digitalization of printing platforms, both companies will drive expansion of their portfolio of solutions. The partnership will expand market opportunities for both companies and result in co-branded digital printing presses.
January–March 2023 (1–3/2022) *Sales were EUR 1.634 million (1.594). *Operating result was EUR 276 million (341). Comparable operating result was EUR 276 million (244). *Result before taxes was EUR 271 million (330). Comparable result before taxes was EUR 272 million (232). *Comparable return on capital employed was 15.3% (15.8). *Net cash flow from operations was EUR 38 million (135).
Is paper dying? We don’t think so. While some industries, such as automotive sales, are moving toward digital record-keeping, others still prefer print records, and for good reason. “We’ve done research that shows many industries still rely heavily on print, and that is consistent with consumers’ desire for print,” says Katie Zorn, Domtar’s vice president of marketing, product management, strategic planning and market development for pulp and paper. “People actually want a choice, and when they have it, they often choose print.” Zorn says the top office paper-using industries prefer print for good reason. “There are accessibility issues to consider, especially in healthcare and social assistance. They have to assume that not everyone has access to a computer or email,” she explains. We took a closer look at the top five industries that prefer print — and why. Read more at: https://newsroom.domtar.com/industries-prefer-print/
Ahlstrom has received the significant honor of successfully achieving the Pet Sustainability Coalition’s “Pet Sustainability Accredited” status. The Pet Sustainability Coalition (PSC), an organization committed to advancing sustainability in the pet industry, recognizes Ahlstrom's commitment to sustainability and its efforts to reduce the environmental impact of its products and operations through the accreditation. As part of the accreditation process, Ahlstrom underwent a demanding assessment of its sustainability practices, including its environmental impact, social responsibility, and governance policies. The assessment evaluated various aspects of the company's sustainability performance, such as its carbon footprint, waste management, and water use.
There was a landslide at Norske Skog Saugbrugs around 04:30 CET today on 27 April 2023. This has had a material impact on building structures, cranes, and other machinery and equipment relating to PM6, which will result in a production stop for a longer period. "There has been a significant landslide which has caused great damage to the building structure for PM6 at Saugbrugs. We are working to get a full overview of the situation and risk of further landslides, but at the moment it is considered too dangerous to enter the area. This will result in a production stop on PM6 for a longer period. Most importantly, no one were harmed in the landslide, but it has been a traumatic and shocking experience for all involved and the local community" says Sven Ombudstvedt, CEO of Norske Skog ASA. Saugbrugs PM6 has a capacity of 260 000 tonnes SC magazine paper. Operations at Saugbrugs PM4 continue, the machine has a capacity of 100 000 tonnes SC magazine paper. The production and financial impact is currently uncertain, but further information will be provided when there is a clear overview of the situation
First Quarter 2023 Financial Highlights: *Produced revenue of $708 million, a decrease of 27% compared to the prior year *Generated income from operations of $62 million and net income of $25 million *Invested $93 million in capital expenditures, primarily in our vertical integration and newTRON initiatives
With the packaging industry preparing to meet EU recyclability targets, the demand for innovative and sustainable solutions is growing fast. In a recent co-creation project with SN Maschinenbau GmbH, a leading manufacturer of horizontal pouch-packaging machines, UPM Specialty Papers tested a range of heat-sealable barrier papers on SN Maschinenbau’s packaging machines. The goal was to create a recyclable, renewable, fibre-based pouch ideal for dry, frozen, and greasy foods. The sample will be displayed at Interpack 2023. As a world-leading manufacturer of packaging machinery, SN Maschinenbau seeks to deliver the best pouch packaging technology to its customers. In the light of current trends, this includes the capability to produce and process the recyclable and renewable packaging materials that customers are looking for. Working closely with partners, SN Maschinenbau is searching for new types of materials that, at best, can be seamlessly integrated into existing pouch packaging machinery.
First Quarter Highlights - *Delivered sales of $4.1 billion, up 12.2%, or 14.5% on a daily, constant currency basis *Generated operating earnings of $680 million, up 27.4%, with operating margin of 16.6%, up 200 basis points *Achieved diluted EPS of $9.61, an increase of 36.0% *Produced $454 million in operating cash flow and returned $229 million to Grainger shareholders through dividends and share repurchases
Cascades announces an important repositioning of its Tissue Papers platform to enhance the performance of the business. The Company will simplify operations by concentrating the majority of its tissue product operating activities at core, geographically well-positioned sites that offer opportunities for future development. These changes will reduce costs, create synergies and significantly improve the Tissue Group’s financial, operational and environmental performance. This decision will not affect the level of service Cascades provides to its customers. Beginning in July 2023, Cascades will progressively close its underperforming plants in Barnwell, South Carolina, and Scappoose, Oregon, as well as the virgin paper tissue machine at its St. Helens plant, also in Oregon. The equipment slated for closure, which have a combined total annual rated capacity of 92,000 short tons of tissue paper and 10 million cases of converted product, have been operating below capacity producing 56,000 short tons of tissue paper and 5 million cases of converted product in 2022, mostly on the West coast. A portion of this production will be absorbed by open capacity at our other facilities and by the increase in productivity at our sites, particularly in the United States. Cascades has the option to evaluate the possibility of redeploying the seven conversion lines impacted by this decision to other sites at a later date.
Net sales were $1.8 billion in the first quarter of 2023, up compared to $1.7 billion in the prior year period primarily due to higher selling prices. Sales volume (in tons) was down 8 percent which was partially offset by favorable change in mix. Approximately 3 to 4 percent of the volume decline was attributed to a challenging prior year comparison (up 6.4 percent) amid record low inventories and disruption from temporary external events impacted volumes around 2 percent. Overall, the company estimates underlying market demand was down approximately 2 to 3 percent primarily due to inventory destocking across the supply chain and softer consumer demand in a few markets given macroeconomic uncertainty. Earnings before income taxes were $270 million in the first quarter of 2023, up $100 million compared to the prior year quarter. Likewise, segment operating profit was $398 million in the first quarter of 2023 compared to $231 million in the prior year period.
Packaging and speciality paper manufacturer Sappi Europe has invested a double-digit million euro sum in a new plant to produce innovative high-barrier papers – including an all-new type of barrier coating machine. Recently put into operation at the company’s Alfeld site in Germany, the in-house solution will produce high-barrier papers for recyclable packaging for food and non-food applications. Sappi draws on far-reaching expertise in paper-coating technology. For more than 10 years, the company has been producing a wide range of packaging papers that feature integrated barriers against oxygen, grease, water vapour, mineral oil and aromas, at the same time as providing excellent protection for packaged products. At a time when the packaging industry faces steadily increasing demand – from consumers, the retail sector and legislators – to offer sustainable materials and processes, Sappi’s long-standing commitment to paper-based, recyclable flexible packaging solutions meets this megatrend for more sustainable packaging solutions.
Mondi is investing in innovative technologies to increase FunctionalBarrier Paper capacity in order to meet the growing demand for sustainable paper-based packaging solutions. Mondi's range of FunctionalBarrier Paper offers tailored barrier properties that reduce the amount of plastic used in packaging, supporting the development of a circular economy. The range is being supported with an investment in a new extruder at Mondi Coating Štetí (Czech Republic). This will comprise the construction of a production building which will house state-of-the-art machinery such as an extrusion coater and a slitting machine. Production is expected to start in 2024.
Eco-Products® is launching its newest line of sustainable products, compostable cutlery made from Forest Stewardship Council® (FSC)® certified birch wood complete with a unique, user-friendly design. The new wooden spoons, forks and knives feature a ridge in the handle for a stronger grip and extra durability. The utensils have CMA-S (Substrate Acceptance) from the Composting Manufacturing Alliance (CMA). “This new wooden cutlery is a significant addition to our GreenStripe® line,” said Wendell Simonson, Director of Marketing for Eco-Products. “Fiber-only alternatives are becoming increasingly popular, and now there is an offering that doesn’t require foodservice operators to sacrifice on design or performance.” The wood cutlery includes 6.5-inch knives, forks and spoons that are perfect for both hot and cold foods. They’re now available bulk unwrapped as well as individually wrapped or wrapped as part of a kit.
Metsä Group aims to make Finnish forests increasingly vibrant and diverse. To achieve this, the company launched its regenerative forestry principles in March 2023. The goal is to help Finnish forests become more diverse and vibrant year by year and always transfer them in better condition from one generation to the next. Metsä Group Plus, a new forest management model which will be introduced in June 2023, is one of the key practical measures for achieving this target. The model pays closer attention than ever to forest biodiversity and forest nature in the implementation of forest work. What makes Metsä Group’s goal significant is that the company’s owner-members manage approximately half of Finland’s private forest assets. Metsä Group has long encouraged forest owners to adopt sustainable forestry, and in recent years, it has carried out numerous measures to improve ecological resilience. Currently, around 90 per cent of the wood purchased by Metsä Group comes from forests managed in accordance with international forest certificates. The Metsä Group Plus model is even more demanding than these certificates. Under Metsä Group Plus model, more retention trees and high biodiversity stumps are left per hectare of forest during felling. To accelerate the creation of decaying wood and to secure the living conditions of species that inhabit burned environments, more retention trees will be burned. As concerns valuable habitats and littoral forests, the model represents the highest level of requirements currently in use.
Trayforma BarrPeel by Stora Enso is a new, easy-peeling board material for vacuum skin packs enabling packaging fresh food on recyclable paperboard trays. Trayforma BarrPeel supports brand owners’ sustainability ambitions by reducing plastic to less than 10% of the tray. Trayforma BarrPeel by Stora Enso is a sustainable barrier-coated paperboard material for pressed trays -- an ideal solution for vacuum packaging cold cuts, single portion meats, fish, and cheese. It consists of 90% renewable wood fibers, keeping plastic usage to a minimum and significantly reducing the packaging’s carbon footprint. Vacuum-sealed skin packaging extends the shelf life of fresh food, thus limiting environmental impact by preventing food waste.
The Board of Directors of Rottneros has decided to invest a total of approximately 86 MSEK in renewable electricity at Rottneros Mill. The investments include a solar park and a battery storage and are part of a long-term strategy to reduce the groups exposure to the electricity market. The start-up is planned for 2024. The solar park is expected to generate over 3 GWh annually, which can be compared to the company's annual purchased electricity demand of around 220 GWh. The purpose of the battery storage is primarily to contribute to an improved balance on the electricity market, which also generates revenue from Svenska Kraftnät and thus a favourable return on investment.
Key highlights Q1 *Organic* and currency-neutral sales growth of 6% *Market-related downtime in several mills due to customers’ destocking and expectations of weaker market conditions *Prices increased for liquid board and speciality paper, were stable for graphic paper and cartonboard, and decreased for other product categories *All-time high input costs. Quarterly data Q1 *Net sales increased by 55% to SEK 11,495 million (7,397), whereof Billerud North America accounted for SEK 3,311 million (–) *Operating profit was SEK 806 million (1,189) *Net profit was SEK 639 million (884)
In addition to various flexible packaging papers for the food sector, with Koehler NexPlus® Seal Pure Koehler Paper is offering a sustainable packaging option for products where no additional barriers are required: These include screws, electronic components and parts, processors, and LEDs—with Koehler NexPlus® Seal Pure in grammages of 35, 40, 45, 65 or 80 g/m², products are equipped with tear-resistant, sturdy, and sustainable packaging. Like all other Koehler NexPlus® paper, Koehler NexPlus® Seal Pure is also heat-sealable, and its strength properties make it very well suited for further processing on all commercially available packaging machines.
R.R. Donnelley & Sons Company announced a new solution designed to streamline the product recall communication process for medical device companies. Seamlessly integrating RRD’s highly refined capabilities in content creation, production management, and multichannel distribution, this solution aims to ensure end-to-end support throughout this complex notification process. HIPAA and SOC II compliant, this solution for medical device recall notices leverages a multi-location production network for speed and scale. Additional features of this solution include: *Recall-specific content platform *Proprietary automated fulfillment process *Response capture platform (i.e., reply mail, FAX receipt, web capture, and call center) *Multichannel distribution (i.e., print, email, FAX) *White glove production management service
As part of its ongoing efforts to help mitigate greenwashing on Madison Avenue, the Institute for Advertising Ethics (IAE) is exploring the creation of a new industry entity that would help develop common standard and guidelines the ad industry can use to self-regulate the practice. The entity, dubbed “Common Consortium for Greenwashing Prevention” (CCGP) was disclosed in a letter sent to the Federal Trade Commission this morning, in response to the commission’s request for public comments to update the agency’s own “Green Guides” for the use of environmental marketing claims, which followed several congressional hearings last last year on the practice of greenwashing campaigns developed by major ad agencies and PR firms for fossil fuel marketers.
Assurance Services International (ASI) has accredited two new certification bodies, GCL International Ltd. (GCL) and Legallis certification to audit and issue FSC certificates. The two certification bodies were each evaluated by ASI and demonstrated their ability to conduct impartial assessments to issue FSC certificates according to the established criteria. Legallis will be able to audit and issue: *forest management certificates in the Ukraine and, *chain of custody certificates worldwide, excluding Belarus, China, United States of America and Canada. GCL will be able to audit and issue FSC chain of custody certificates (excluding controlled wood) worldwide, excluding Belarus and China.
Packaging Corporation of America reported first quarter 2023 net income of $190 million, or $2.11 per share, and net income of $198 million, or $2.20 per share, excluding special items. First quarter net sales were $2.0 billion in 2023 and $2.1 billion in 2022. Reported earnings in the first quarter of 2023 include special items primarily for closure costs related to corrugated products facilities and design centers. Excluding special items, the ($.52) per share decrease in first quarter 2023 earnings compared to the first quarter of 2022 was driven primarily by lower volumes in the Packaging ($.95) and Paper ($.04) segments, higher operating costs ($.27), higher depreciation expense ($.11), higher freight and logistics expenses ($.04), higher non-operating pension expense ($.04), and higher converting costs ($.02).
Net sales in the first quarter were $2,974 million compared to $3,162 million in the first quarter of 2022 reflecting higher beverage can volumes in Americas Beverage, offset by lower volumes across most other businesses, the pass through of approximately $100 million in lower steel and aluminum costs and unfavorable foreign currency translation of $36 million. Income from operations was $269 million in the first quarter compared to $344 million in the first quarter of 2022. Segment income in the first quarter of 2023 was $320 million compared to $383 million in the prior year first quarter as benefits from the contractual recovery of prior years' inflationary cost increases in European Beverage and cost reduction initiatives in Transit Packaging were offset by $60 million of year over year inventory impact of steel repricing in the Other segment and lower volumes.
The consolidated sales of the Group increased by EUR 61.7 million or 5.8% to EUR 1,122.1 million (Q1 2022: EUR 1,060.4 million). This growth is mainly due to the acquisition of the MM Packaging division. At EUR 61.6 million, the operating result was EUR 49.5 million below the comparative figure for the previous year (Q1 2022: EUR 111.1 million). This decline is mainly due to downtimes in the MM Board & Paper division due to market and remodeling and restructuring expenses of EUR 15.5 million in the packaging division. The Group's operating margin was therefore 5.5% (Q1 2022: 10.5%).
• Sales decreased by 3% to EUR 2,721 (2,798) million. • Operational EBIT decreased by 53% to EUR 234 (503) million. • Operational EBIT margin decreased to 8.6% (18.0%). • Operating profit (IFRS) decreased to EUR 258 (394) million. • Cash flow from operations amounted to EUR 254 (403) million. Cash flow after investing activities was EUR 1 (224) million. Key highlights: • The acquisition of the Dutch De Jong Packaging Group was completed on 6 January 2023. • The Paper division was discontinued as of 1 January • The plan to divest of the Beihai site in China is proceeding according to plan. • The consumer board investment at the Oulu site in Finland is moving ahead according to schedule. Construction estimated to start during 2024, start of production expected during 2025.
Q1 2023: • Revenue of $1.72 billion, up 2.8 percent year-over-year or up 5.5 percent in constant currency. • Operating cash flow of $78 million, up $12 million year-over-year. • Donated Palo Alto Research Center (PARC) to SRI International in April, providing Xerox greater capacity to pursue innovation projects in Print, IT, and Digital Services. • Repaid $450 million of debt during the quarter.
Ahlstrom introduces a new range of renewable and sustainable filtration solutions for automotive applications. Ahlstrom ECO™ is a technology supporting the increasing sustainability demands of the global transportation market and offering a new choice for filter manufacturers. Developed by Ahlstrom, a new renewable and sustainable filter media utilizes lignin-based* impregnation, replacing fossil-based resin. The resin solution contains a significant amount of bio-based, renewable lignin, whilst the mechanical properties and the durability of the filter media, even in challenging environments, are maintained. According to Ahlstrom’s initial estimates1, the new lignin-based impregnated filter media displays a lower carbon footprint than a standard fossil-based resin media. Additionally, the lignin-based impregnation recipe brings a significant reduction, between 50-70%, of formaldehyde emissions during the curing process.
First quarter sales of $5.2 billion increased 2 percent, with organic sales up 5 percent, driven by a 10 percent increase in price and favorable product mix from ongoing revenue growth management programs offset by a 5 percent decrease in volume. In North America, sales increased 5 percent over last year, including increases of 2 percent in Personal Care, 5 percent in Consumer Tissue and 12 percent in K-C Professional. Outside North America, organic sales were up 4 percent in developing and emerging (D&E) markets and 10 percent in developed markets (Australia, South Korea and Western/Central Europe). Gross margin improved by 340 basis points to 33.2 percent, with higher net revenue realization and cost savings offsetting higher input costs of $160 million. First quarter operating profit was $787 million compared to $693 million last year, resulting in an operating margin of 15.1 percent, an increase of 150 basis points.
Construction work began on the Koehler Group’s combined heat and power plant in Oberkirch with a ceremonial groundbreaking on April 21, 2023. The existing power plant is expected to be expanded and converted by fall 2024 to ensure biomass is burnt in an environmentally friendly way in future. This conversion is part of the Koehler Group’s climate strategy. Decarbonizing energy and steam generation is part of the Koehler Group’s climate strategy. In the long term, both Germany and the EU are striving to become climate neutral. The EU is aiming to reach this milestone by 2050, while Germany is targeting 2045. The Koehler Group has set out even more ambitious targets and is aiming to generate more energy from renewable sources than is required for paper production by 2030.
Resolute Forest Products Inc. held a ceremony to inaugurate its new commercial-scale plant for the production of cellulose filaments at its Kénogami paper mill in Saguenay, Quebec. Cellulose filaments, also known as nanofibrillated cellulose, are a novel biomaterial derived from wood fiber, which can be used as a natural additive in many products to improve technical performance. Announced in 2020, the construction of the $27 million facility was part of a $38 million investment project in the company's Kénogami mill. Remi G. Lalonde, Resolute's president and chief executive officer, led the inauguration ceremony, also attended by Andrée Laforest, Quebec Minister of Municipal Affairs and Minister Responsible for the Saguenay-Lac-Saint-Jean region, as well as by local officials, dignitaries and Resolute employees.
Trust, but verify. This is the value of third-party assessments including the annual review undertaken by EcoVadis. All three of Sappi’s manufacturing regions – Europe, North America and South Africa – once again achieved the highest possible rating, platinum, in the annual EcoVadis Corporate Social Responsibility (CSR) ratings. This achievement places the regions individually and Sappi collectively in the top 1% of over 90,000 companies assessed by EcoVadis. Enhancing trust is one of Sappi’s key strategic fundamentals. We work to make every day more sustainable for people, communities and the planet. We demonstrate this through our tangible actions, our partnerships, through public reporting, by the group’s alignment with the United Nations Global Compact and Sustainable Development Goals (SDGs) and importantly also through various assessments and verifications.
Q1 2023 highlights *Sales increased by 11% to EUR 2,787 million (2,507 million in Q1 2022) *Comparable EBIT grew by 29% to EUR 356 million, 12.8% of sales (277 million, 11.0%) *Delivery volumes were impacted by destocking in various product value chains *Operating cash flow was EUR 714 million (12 million), supported by cash inflow from energy hedges *Net debt increased to EUR 2,167 million (837 million) and the net debt to EBITDA ratio was 0.82 (0.46) *UPM Paso de los Toros pulp mill in Uruguay started up production on 15 April
Monadnock Paper Mills, Inc., the oldest continuously operating paper mill in the United States, demonstrates yet again that it’s keeping up with the times by introducing our newest “Un-Plastic®” and sustainable wide format and signage materials. “For Brands and retailers that are looking to fulfill their sustainability commitments without compromising durability, printability, and, of course, great style – the search ends here with Monadnock and our two newest product lines” said Lisa Taylor, Vice President Sales and Marketing. “We invested in developing Boulevard™ and Pavilion™ PC 100 without compromise, without plastic, and without a doubt that these times demand new signs.”
FY23 third quarter service performance scores covering April 1 through April 14, included: *First-Class Mail: 91.5% of First-Class Mail delivered on time against the USPS service standard, consistent with performance from the fiscal second quarter. *Marketing Mail: 95.8% of Marketing Mail delivered on time against the USPS service standard, an increase of 1.2 percentage points from the fiscal second quarter. *Periodicals: 87.8% of Periodicals delivered on time against the USPS service standard, an increase of 1.3 percentage points from the fiscal second quarter.
The U.S. Postal Service Board of Governors will meet May 9, 2023, in open session at Postal Service headquarters, 475 L’Enfant Plaza, SW, Washington, DC. The public is welcome to observe the meeting beginning at 4:00 p.m. ET in the Benjamin Franklin Room on the 11th floor. A public comment period will begin immediately following the adjournment of the open session on May 9. During the public comment period, which shall not exceed 45 minutes, members of the public may comment on any item or subject listed on the agenda for the open session above. Registration for participation in the public comment period is required. Additionally, the public will be given the option to join the public comment session and participate via teleconference.
Montana lawmakers on Friday passed a privacy bill that gives state residents new rights to wield control over data about them, including the right to reject some forms of targeted advertising. Senate Bill 384 now heads to Governor Greg Gianforte for signature. Lawmakers in seven other states have passed comprehensive privacy laws -- California, Connecticut, Colorado, Utah, Virginia, Iowa and Indiana. If enacted, the Montana bill will give residents the right to opt out of the use of data linkable to them -- including pseudonymous data, such as information stored on cookies -- for behaviorally targeted ads.
Michigan State University celebrated the opening of the newly renovated MSU School of Packaging building on April 20, following a fundraising campaign that raised more than $10 million. “This significant expansion of our facilities, enabled by the generosity of donors and stakeholders, will reinforce MSU’s longstanding leadership in packaging education,” said MSU Interim President Teresa K. Woodruff, Ph.D. “These improvements anchor our commitment to the excellence of our School of Packaging and will help us prepare the next generation of leaders in packaging science.” Established in 1952, the MSU School of Packaging was the first school of packaging in the United States and now is the largest packaging program in the country, with over 600 undergraduate and graduate students.
Twin Rivers Paper Company has announced the promotion of Tyler Rajeski to President and Chief Financial Officer. In the new role, Rajeski will oversee all functions of the business, including finance, procurement, operations, customer supply chain, sales and human resources. Rajeski continues to report to the Chief Executive Officer of Twin Rivers Paper, Debabrata ‘Deba’ Mukherjee. “Tyler has done a spectacular job leading several significant initiatives for Twin Rivers Paper, including a major refinancing of the business that has provided Twin Rivers with a strong working capital position, and the recent sale of the company’s Plaster Rock softwood lumber operation that benefits Twin with a long-term supply agreement,” stated Mukherjee. “Tyler’s impressive accomplishments in a relatively short timeframe have created strategic value for the business that will help ensure its long-term success.”
The Postal Regulatory Commission established Public Inquiry Docket No. PI2023-4 (PI2023-4) to provide a forum to gather information, provide transparency, and learn more about the Postal Service’s Delivering for America strategic initiatives that may have a significant impact on the postal community. In the PI2023-4 docket, the Commission will issue information requests to the Postal Service regarding proposed changes to the postal network and the impact of those changes, and the Postal Service will provide responsive information. As part of this public inquiry, the Commission will seek information on the Postal Service’s recently announced plans to create sorting and delivery centers to “reduce transportation and mail handling costs” by aggregating delivery units into “larger Sort and Delivery Centers with adequate space, docks, and material handling equipment to operate more efficiently.”
National Average Price for Regular Unleaded Current: $3.682; Month Ago: $3.436; Year Ago: $4.120. National Average Price for Diesel Current: $4.193; Month Ago: $4.284; Year Ago: $5.065.
American Dollar to Canadian Dollar = 0.739167; American Dollar to Chinese Yuan = 0.145198; American Dollar to Euro = 1.098098; American Dollar to Japanese Yen = 0.007472; American Dollar to Mexican Peso = 0.055583.
Solenis, a leading global producer of specialty chemicals used in water-intensive industries, has released its 2022 Sustainability Report, summarizing the company’s environmental stewardship, social responsibility and governance (ESG) initiatives for the previous fiscal year. The report — Solenis’ third annual report and first as a Platinum Equity-owned company — is available for download at www.solenis.com/en/sustainabilityreport. “2022 was an outstanding year for Solenis,” said CEO John Panichella. “By maintaining our focus on people, performance and results, we are continuing to reach significant achievements. Last year, we posted Solenis’ third consecutive year of double-digit earnings growth; our best safety performance ever; our second Platinum rating from EcoVadis; improvements in diversity, equity and inclusion; and our highest-ever employee satisfaction rate.”
About 10 years ago, REI made me so stinking mad that I swore I’d never grace their check-out again. A brand-advocate no more, I huffed my outraged “customer-no-service” story to everyone that cared to listen. Their offense? They made me pay for return shipping on a few items that didn’t fit. And worse, because I didn’t get my way, I decided the phone rep was rude and dismissive. Yes, I’m guilty of perpetuating the “all-about-me” attitude pervasive in the consumer world. WORD OF CAUTION: YES, one bad experience can ruin a customer relationship forever. And the reason can be as petty as feeling dismissed. But then, darn it, suddenly I couldn’t avoid them – they were everywhere. Read more at: https://www.jschmid.com/blog/rei-me/
UPM Specialty Papers’ heat-sealable barrier papers have achieved excellent results in tests carried out with Koenig & Bauer's next generation of inkjet digital printing technology. This is good news for brand owners and converters interested in surpassing the limitations of conventional printing methods in order to accelerate time to market or to create more customized packaging. With the ability to change designs simply by updating a file, digital printing opens new possibilities for brand owners and converters – from accelerating time to market through to creating more customized packaging. The goal was to test and optimize the compatibility of digital printing for UPM Specialty Papers’ barrier papers for digital printing, as it would offer a powerful combination for transforming how flexibly even small batches of packages can be produced.
Graphco, distributor of the leading 8-UP sheetfed press in the Midwest and Southeast, has delivered another fully automated RMGT offset press to Hagg Press in Elgin, Illinois. This time an RMGT 970ST+LED installation continues the Graphco/Hagg Press relationship which began in 2018, when a new 40-inch RMGT 10 Series press was purchased as the first step in modernizing the firm’s print platform. “We knew we needed to change out our old presses,we just weren’t sure what brand was the best for our business,” states Jordan Hagg, President of Hagg Press. The first RMGT 10 Series press picked up the volume formerly produced by one 28” and two 40” presses from Komori and Manroland. Hagg’s print volume grew significantly during the first few years after the new press came online. “Half of our RMGT years took place during the pandemic, but growth has basically been thrust on us by our existing customers and several new major accounts that came our way. I think our print quality, fair pricing, and the fact we rarely miss a deadline makes Hagg Press an attractive source,” Hagg comments. “We’re glad we picked the RMGT press from Graphco.”
REI released its 2022 Impact Report and financials results, closing the year with a record $3.85 billion in sales. The co-op ended the year with a strong liquidity and working capital position and continued to invest in its mission of investing in its members, employees, and the outdoors. “I’m incredibly impressed by all we’ve accomplished as a co-op,” said Eric Artz, President and CEO, in a public letter released alongside the report. “Throughout 2022, we invested in our people, in our capabilities, and in the communities we serve. We invested in membership with new and enhanced offerings and held fast to our commitment to distributing our full Co-op Member Reward to more than 23 million members during a year without profits to fund it. As a co-op, we are in the fortunate position to be able to make long-term choices and investments like this, but we do not do so lightly. We remain focused on a path back to sustainable profitability for the co-op to ensure a healthy long-term future.” In 2022, REI focused on investing in the employee experience. Often cited as a top place to work, the co-op remained committed to competitive pay and introduced new industry-leading benefits. In 2022, REI put an additional $50 million toward pay raises for hourly employees and delivered another $92 million toward employee retirement and bonuses.
Gannett expects to have all its print sites utilize the NewsWayX cloud production workflow system from ProImage in the near future, building on a 20-year partnership. The publisher has already implemented the system in 10 print locations and will add others in the coming months. Gannett seeks to streamline its technology and support to press locations by having the NewsWayX system deliver plate-ready TIFFs directly to local PCs which drive their CTP imagesetters.
FSC’s Global Strategy identifies “Streamlining policies and standards towards outcome orientation” and “Scaling up benefits for Indigenous Peoples, communities, smallholders and workers” as priorities. One of the ways we are achieving these goals is by updating the FSC Forest Management Group Standard, which allows groups of individual properties to be certified under a single certificate. The result is to reduce the costs and administrative barriers to FSC Forest Management certification for family forest landowners and group managers. Group managers develop and maintain rules, policies, procedures, and other essential tasks. Recently, the Forest Management Group Standard changed in several ways, with the introduction of risk-based decision making, sharing standard requirements across a group, and other efficiencies.
Andrew Boyle, ATA first vice chair and co-president of Massachusetts-based Boyle Transportation, went to Washington this week to testify before a Senate Environment and Public Works Subcommittee on the future of clean vehicles. As the manager of a truck fleet with one of the strongest environmental records in the industry today, Boyle injected a heavy dose of reality into the debate happening on Capitol Hill and nationwide over electric-vehicle mandates. In the wake of the U.S. Environmental Protection Agency's decision to let California set de facto national emission standards for commercial vehicles, Boyle's testimony sheds light for lawmakers onto the gravity of these mandates—and how disconnected they are from current, real-world conditions.
Worzalla's new book mascot will now be known as Paige Turner thanks to Mrs. Schleifer's 3rd grade class at Washington Elementary School in Stevens Point, WI. The class's name Paige Turner was chosen in a round of public voting through Worzalla's Facebook Page, receiving over 800 votes. "We congratulate Mrs. Schleifer's class for coming up with such a creative name that the community loved," said Brianne Petruzalek, Vice President of Human Resources of Worzalla. "We look forward to having Paige Turner out and about in the community to spread the love of reading." At the beginning of the competition, classrooms throughout the Stevens Point area were invited to submit a name along with a rationale for why their entry was the best.
Georgia-Pacific is making significant investments, totaling more than $50 million, at its Port Hudson mill in Zachary, Louisiana. The investments will greatly enhance the company’s retail consumer towel business. Investments to the Port Hudson mill include upgrades to increase capacity and improve capability of existing converting equipment and enhance internal infrastructure. Construction has begun, with startup of the lines scheduled for some time in mid-2023. “This truly is an investment in our customers and consumers who value the quality of our products,” said Vivek Joshi, president of the retail tissue, towel and napkin business for Georgia-Pacific.
The Book Manufacturers’ Institute (BMI) released the April results for its monthly survey on capacity and lead times for soft cover and hard cover books. This month’s survey also featured an update to the questions, factoring in both digital and offset printing methods. In looking at digital printing, the average hard cover capacity stayed about the same, only dropping 1 point to 64%. Lead time for digital hard cover books dropped from 17 days to 13 days. Digital soft cover books are running at 70% capacity and 12 days lead time. Both of those numbers are slightly up from March. According to responses regarding offset printing, hard cover manufacturers are running at 57% of their capacity, which is 9% less than last month. Lead times are down from 37 days to 22. The average soft cover offset capacity usage is down to 68% from 78%. Offset soft cover lead time down to 31 days from 35.
Retailers have always been at the forefront of consumer needs. They know their markets and have adapted to meet them. From blade signs to the metaverse, retail has transformed itself over and over. But like many things, trends can be cyclical. And what used to work, then didn’t work, can ultimately work better than before. How? Nostalgia is one explanation, but, more often, we find that while people evolve, they don’t ultimately change — at least not completely. People still want to connect with others. They need to engage, have experiences, explore, learn, be entertained and establish their position/identity within society. What we're seeing is that post-pandemic/quarantine psychology has elevated a renewed interest in physical engagements over digital. Thus, opening the once locked door to print marketing, direct mail and catalogs.
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 5.4% in March after increasing 0.9% in February. In March, the index equaled 111.6 (2015=100) compared with 118 in February. “After increasing a total of 2.6% during the three previous months, March’s sequential decline was the largest monthly drop since April 2020 during the start of the pandemic,” said ATA Chief Economist Bob Costello. “Falling home construction, decreasing factory output and soft retail sales all hurt contract freight tonnage – which dominates ATA’s tonnage index – during the month. Despite the largest year-over-year drop since October 2020, contract freight remains more robust than the spot market, which continues to see prolonged weakness.” Compared with March 2022, the SA index decreased 5%, which was the first year-over-year decrease since August 2021. In February, the index was up 1.9% from a year earlier. During the first quarter, tonnage was 0.6% below the same three month period in 2022.
Amcor is proud to partner again with Tyson Foods, one of the world’s largest food companies and a recognized global protein leader, to launch a more sustainable package for consumer products. The partnership of Amcor and Tyson Foods pairs two industry leaders in sustainability to innovate a first-to-market solution that provides a more sustainable package without compromise on performance. Tyson Foods’ Jimmy Dean® egg bites and frittatas are now packaged in Amcor’s AmPrima™ recycle ready forming/non-forming flexible film. The design and development of the package addresses more than sustainability needs; Amcor R&D led the development of a cost-efficient outcome that was achieved through customization of the film. Compared to a typical, less-sustainable film, Amcor’s AmPrima™ recycle ready forming/non-forming film delivers, when sent to landfill: 30%* reduction in non-renewable primary energy demands, 29%* reduction in carbon footprint, 42%* reduction in water consumption
DS Smith, the leading provider of sustainable packaging solutions, today announced an ambitious upgrade program to its kraft paper mill in Viana, Portugal. A multiyear €145M package of investments will bring some of the most up to date paper-making machinery to Viana, rebuilding the mills paper machine and reducing CO2 emissions. Marking the company’s commitment to both growth and the circular economy in Portugal, the investment package will include the rebuild of the existing paper machine and a brand-new state of the art recovery boiler which will be one of the most modern in Europe. The boiler will improve environmental performance by enhancing steam efficiency at the mill by 25%, with steam from the boiler being recycled back into the mill. The start-up of the new boiler, provided by market leader Valmet, is expected to be in early 2025.
Tetra Pak has made new advancements in the area of recycled content, expanding its offering of packaging solutions using certified recycled polymers to cover new formats, product categories and geographies. The expansion is a key milestone in the company’s journey towards a circular portfolio, turning waste into new resources, and reducing the industry’s dependence on virgin, fossil-based materials. It comes at a pivotal moment, aligning with the recently released European Commission’s proposal for the Packaging and Packaging Waste Regulation.2 Fossil-based plastic production is set to increase by 10.8% between 2021 and 20253. At the same time, 86% of shoppers are concerned about the usage of plastic and its impact on the environment, and believe that using recycled plastic is one of the best ways to tackle this challenge4. They have also started to act on it, increasingly choosing to buy products or packages with recycled material in the last year.5
At Georgia-Pacific, we know that natural resources are entrusted to our care and we are proud to make products that customers and consumers need in a responsible and sustainable way. This Earth Day, we are highlighting our investments in one of our many innovative and sustainable solutions – recyclable padded mailers. The growing customer and consumer demand for sustainable and efficient packaging drove our innovation efforts for producing packaging that could be recycled. Our EarthKraft™ mailers are made from 100% legally and responsibly sourced wood and are a paper-based alternative to plastic poly and bubble-padded mailers. As of 2022, over half a billion mailers have successfully been shipped and are on track to reach over one billion in 2023. EarthKraft™ mailers are SFI ® Certified which means we follow forestry best management practices to protect the land, habitat, and drinking water. Not only do our mailers create less waste, they also have a 96% re-pulpability rate which means they can be turned into more mailers (or even boxes).
A longer filter lifetime is one of the key features helping to sustain operations and boost performance with minimal interruptions. This not only saves costs associated with frequent filter replacements but also reduces energy consumption and minimizes environmental impacts by lowering emissions. In addition, a longer filter lifetime can reduce the risk of system failures, downtimes, and potential equipment damage, further enhancing operational efficiency and reliability. New synthetic materials have more surface area available, therefore extending the filter lifetime and offering a more sustainable alternative to competing materials. The media can be used for both air and liquid filtration applications including air pollution control, oil, and fuel filtration. Products are easier to convert, which offers further savings for filter manufacturers. These capabilities reinforce our purpose to deliver products which Purify and Protect. "This investment is another example of our commitment to our customers in the Asia-Pacific region," says Kathrin Hueppe, Head of Asia, Filtration. "Improving our capabilities in the Hyun Poong plant allows us to serve their growing needs in high-performance filtration materials.”
UPM is replacing the use of fossil fuels with electric boilers in heat and steam production at its mills in Finland and Germany. A total of eight boilers will be installed, mainly to replace the use of natural gas. With the introduction of the electric boilers, the company will take a step towards its 2030 target of reducing CO2 emissions from the fuels and purchased electricity by 65%. In Finland, new electric boilers can reduce CO2 emissions from the use of fossil fuels by about 50,000 tonnes per year. In Germany, electric boilers will improve security of supply for heat and steam generation and achieve even greater emission reductions. "In addition to improved security of supply and emission reduction, electric boilers will significantly increase the mills’ ability to provide demand side flexibility to the electricity system and markets," says Petri Hyyryläinen, Energy Director at UPM Communication Papers.
“In a world where customers want things faster, simpler, eco-friendly and with greater value, we have the solution – Industry leading high speed tool-less technology. Our high speed digital printing technology increases the ease, speed, and flexibility of executing high graphic programs, while using eco-friendly water based inks. Coupled with our state of the art laser cutting technology, we are delivering the industry’s fastest print to order platform. This production strategy eliminates pre-press and plate costs, greatly accelerates speed to market, and gives our customers a competitive marketplace advantage.” – Anthony Pratt, Global Executive Chairman, Pratt Industries. See video at: https://innovations.prattindustries.com/industry-leading-digital-print-technology
Perce Thrower, UK sales, Crown Van Gelder - We ended 2022 on a positive note with a record-breaking volume of our Crown Letsgo inkjet-treated substrates, but due to a sudden cashflow problem, we went into administration in early 2023. The failure of the company was due to high costs of energy and pulp in the second half of 2022, and a drop in demand in the last months of 2022. During the tense weeks that followed we received a lot of positive messages from customers, merchants, OEMs inkjet press manufacturers and other paper mills, which increased our belief that Crown Van Gelder could and should survive. On 1 March we were able to announce that with the help of a new investor we could continue the paper mill as Crown Van Gelder International. The lead partner in the relaunch is EPAC Technologies, with whom we codeveloped our leading inkjet paper over five years ago, and we have continued to collaborate since. This will change the industry in a great way for our customers.
Do you find yourself ordering items online these days? We’ve got a sustainable packaging solution for that! In 60-seconds, see how we transform kraft paper into recyclable padded mailers that arrive at your door. Watch the video at: https://news.gp.com/2023/04/how-we-make-mailers
Two Sides North America today announced the launch of “3 Minutes with Two Sides,” a new podcast series created to bust the common environmental myths about print, paper and paper-based packaging. Hosted by Two Sides North America President Kathi Rowzie, the podcast follows Two Sides’ familiar approach to delivering facts about the inherent sustainability and circular life cycle of paper products, this time in a quick and easy-to-follow audio format. “Paper has a great environmental story to tell, and Two Sides is committed to telling that story in ways that are not only factual, but also highly relevant and easily accessible to our audience,” says Rowzie.“In part, this means fitting into people’s busy schedules – and we believe just about everyone can spare three minutes to learn about the sustainability of essential paper products they use every day.” The inaugural “3 Minutes with Two Sides” podcast focuses on sustainable forestry as part of paper’s circular lifecycle. To listen to the podcast go to: https://twosidesna.org/US/the-circularity-of-paper-sustainable-forestry/?utm_medium=email&utm_campaign=TSNA%20Podcast%20Press%20Release&utm_content=TSNA%20Podcast%20Press%20Release+CID_3a65e20c6f83cab0803b42c567565d29&utm_source=Email%20marketing%20software&utm_term=click%20here
O-I Glass, Inc. broke ground for a state-of-the-art greenfield glass plant in Bowling Green, KY. The facility is the first O-I facility purpose-built to leverage the company’s MAGMA technology. The groundbreaking event, attended by O-I CEO, Andres Lopez, KY Lieutenant Governor Jacqueline Coleman, and a host of company and regional dignitaries, marks the beginning of a multi-phase investment of up to $240 million to enable the continued development of the company’s revolutionary MAGMA technology, while providing an unprecedented level of service to our customers and local market. MAGMA technology is designed for flexible, modular glass production and can reduce the environmental footprint of glass production. Facilities built for MAGMA will feature a smaller melter and will be constructed using more sustainable methods and materials. MAGMA technology will enable advanced technologies, including ULTRA light-weighting potential, on-off capability, and can include feed-forward and feed-back control loops to promote premium quality glass.
UPM has received the final operating authorization for its new UPM Paso de los Toros pulp mill from the environmental authorities. The start-up of the mill commences immediately, and first customer deliveries are expected to ship in May. The mill has gone through a comprehensive and thorough permitting process. Uruguayan environmental authority has monitored the construction of the mill on site throughout the project. The operating authorization process has included several inspections by the authorities, as well as third party audits by industry experts. UPM has an extensive environmental monitoring programme covering water and biota, air, soil, noise, and socio-economic aspects. Through the growth investment, UPM and its subcontractors will create 4,000 new jobs through the value chain, as well as approximately 6,000 induced jobs and a 2% increase in GDP for the Uruguay economy.
FY23 third quarter service performance scores covering April 1 through April 7, included: *First-Class Mail: 92.1% of First-Class Mail delivered on time against the USPS service standard, an increase of 1.2 percentage points from the fiscal second quarter. *Marketing Mail: 96.1% of Marketing Mail delivered on time against the USPS service standard, an increase of 1.5 percentage points from the fiscal second quarter. *Periodicals: 88.3% of Periodicals delivered on time against the USPS service standard, an increase of 1.8 percentage points from the fiscal second quarter.
Berry Global Group, Inc. has begun expanding one of its leading stretch film manufacturing facilities in Lewisburg, Tennessee for completion by early 2024. The 25,000 square foot expansion will support the growing demand for Berry’s highest performing, sustainable stretch films by creating space for three new cast lines, upgrading the capacity of the facilities existing post-industrial resin (PIR) reprocessing system, and extending its rail spur for resin material handling. In coordination of the expansion, Berry will add ten new jobs in the Lewisburg facility. “The ability to access innovative, sustainable film solutions is critical for our customers as they work to drive progress toward a circular, net-zero economy,” said Phil Stolz, EVP and General Manager, Performance Materials for Berry. "Expanding our Lewisburg facility will allow us to optimize the facility to help our films customers deliver against their ambitious sustainability goals.” Through collaboration with its OEM supplier, Berry will complete the installation of one cast line to support 20 million pounds of added capacity for ultra-high-performance films.
National Average Price for Regular Unleaded Current: $3.662; Month Ago: $3.466; Year Ago: $4.074. National Average Price for Diesel Current: $4.210; Month Ago: $4.339; Year Ago: $5.012.
American Dollar to Canadian Dollar = 0.750646; American Dollar to Chinese Yuan = 0.145895; American Dollar to Euro = 1.105473; American Dollar to Japanese Yen = 0.007542; American Dollar to Mexican Peso = 0.055367.
Construction is scheduled to begin soon on a $91 million upgrade at Georgia-Pacific’s containerboard mill in Monticello, Mississippi. It's one of the company’s largest investments in the Lawrence County facility. The project consists of replacing the log line, which includes scales, cranes, a rechipper, unbinding racks and other critical equipment needed to safely unload trucks and prepare logs and chips for processing into pulp. “This project will create long-term value and improve our capabilities as we work to become the best manufacturer in the industry,” said Drexel Lambert, vice president for Georgia-Pacific containerboard operations.
Billerud announces the temporary idling of the Escanaba Mill for up to three weeks as a precautionary measure to protect the health and safety of its employees and contractors due to a blastomycosis fungal infection outbreak. “Our top priority now and always is protecting the health and safety of our employees and contractors who work at our Escanaba Mill,” says Christoph Michalski, Billerud President and CEO. “We care deeply about their well-being and are doing everything we can to protect them and identify and address the root cause of the blastomycosis fungal infections. As a precautionary measure, we will temporarily idle the Escanaba Mill for up to three weeks to facilitate additional proper cleaning based on recommendations from NIOSH and other organizations, which requires larger portions of the mill to be vacant while this work is performed. The financial impact is assessed to be limited since the production at the Escanaba Mill was being adjusted to meet current market demand.”
HEINZEL GROUP is proud to announce a record-breaking year in 2022, achieving the highest turnover and the best earnings in the company's history. At the same time HEINZEL GROUP reduced its CO2 emissions substantially, in line with its climate targets and sustainability strategy. In the face of multiple crises in 2022, including the Ukraine crisis, the European energy crisis, and the steep general cost increases, HEINZEL GROUP showed resilience and responded flexibly to market changes. An all-time high in terms of pulp and paper prices contributed to an increase of HEINZEL GROUP's net sales by 36.6% to €2,777.4 million in 2022. In total, HEINZEL GROUP generated an EBITDA of €287.5 million, an increase of 46.8%, while lowering CO2 emissions (Scope 1&2) by 14.9% to 535,333 tons.
Sappi Limited announced today that the intended sale to Aurelius Group of its Maastricht Mill in the Netherlands, its Stockstadt Mill in Germany and its Kirkniemi Mill in Finland (the “Transaction”) has not materialised within the agreed timeframe of the contractual agreement and therefore the agreement has lapsed. The mills included: Sappi Maastricht Mill produces 260,000 ton per annum (tpa) of coated woodfree paper and paperboard mainly sold to printers and packaging converters globally. Sappi Stockstadt Mill is an integrated pulp and paper mill located in Germany, producing 145,000 tpa of pulp which is used to produce 220,000 tpa of coated and uncoated woodfree paper mainly sold into the European print market. Sappi Kirkniemi Mill is an integrated pulp and paper mill located in Finland, producing 300,000 tpa of bleached mechanical pulp which is used to produce approximately 750 000 tpa of a variety of coated mechanical paper grades used in the print publication industry globally.
They’re like a frustrating older sibling. They get all the attention, and they get away with pretty much everything. They’re incredibly well-liked, and it seems like everyone aspires to be them. And regardless of how you feel about them, Patagonia is one of the most impressive brands out there. Why? Because they do so many things that other brands don’t. Maybe you’re thinking, “Well, our brand doesn’t sell outdoor adventure apparel, so we don’t really care what Patagonia’s doing.” But if that’s your philosophy, I challenge you to think of it this way: When their polarizing campaigns, beautifully designed catalogs and killer social media efforts drive consumers to drop $800 on a parka, guess who Patagonia is taking attention (and dollars) away from? You. see more at: https://www.jschmid.com/blog/why-youre-not-patagonia-2/
Working closely with partners from across the food packaging value network, UPM Specialty Papers is co-creating transformative solutions that reimagine the future of sustainable packaging. A long-standing relationship with Henkel, a worldwide leader in industrial and consumer businesses, has now resulted in a recyclable, heat-sealable packaging material compatible with existing packaging lines. Pushing the performance of barrier papers to an unsurpassed level of grease resistance, it offers a tried and tested concept for converters. The plastic coating traditionally required for protection and heat-sealing renders the final product difficult to recycle. Inspired by a shared focus on creating sustainable alternatives, UPM Specialty Papers and Henkel have reinvented the concept to help brand owners and converters meet ever growing consumer and regulatory demands for easy to recycle packaging.
UPM Raflatac is expanding its wash-off portfolio with new paper label materials that enhance the recycling of PET and HDPE. The label materials have received European certifications of recyclability from Institut cyclos-HTP for PET and HDPE packaging, and they are part of UPM Raflatac’s SmartCircle™ portfolio. “We are determined to develop solutions for circularity. While plastics have remarkable features to keep valuable content safe until consumption, we also seek ways to increase the share of certified renewable materials in the packaging that go beyond fossils. Now, in addition to our multiple plastic wash-off solutions, we are excited to expand the offer into sustainably sourced paper labels. These innovations enable high-quality recycled PET and HDPE flakes to be used again as the label material separates cleanly in the recycling process,” says Sylwia Jurys, Vice President, Paper Laminates SBU EMEIA, UPM Raflatac.
Media magnate Barry Diller let fly earlier this week, telling publishers they should sue to stop AI engines from stealing their content. 'If all the world's information is able to be sucked up in this maw and then essentially repackaged...there will be no publishing, it is not possible,' Diller said during the Semafor Media Summit, according to reports. He added, ““Companies can absolutely sue under copyright law.”
American Trucking Associations President and CEO Chris Spear issued the following statement on the U.S. Environmental Protection Agency’s proposed Phase 3 Greenhouse Gas Emissions Standards for Heavy-Duty Engines and Vehicles rule: “The trucking industry starts at ‘yes.’ We share the goal of reducing greenhouse gas emissions and improving fuel efficiency and believe any regulation must be practical, achievable, and based on sound science. Our members have a long history of adopting the cleanest emissions technology on the road today and are making the necessary investments to support a decarbonized future. “As we review the proposed rule, ATA will remain engaged in the regulatory process to ensure the agency arrives at a regulation that has realistic equipment adoption timelines, is technologically feasible, and will not cause additional inflationary pressures if finalized.”
Novolex®, a leader in packaging choice, innovation and sustainability, is introducing Power Prep™ wrap for grab-and-go hot sandwiches and other freshly made foods. Manufactured by Novolex brand Bagcraft®, the new wrap is laminated and insulated to keep food tasting fresh as it moves from the freezer to thawing and re-heating, and while it’s held under heat at the point of sale. This allows customers to enjoy a delicious hot sandwich that was made and wrapped off site. Power Prep wrap is ideal for convenience stores, supermarkets and other foodservice operators, catering to the growing demand for high-quality, freshly made offerings.
Amcor has placed its first commercial order of certified-circular polymers leveraging ExxonMobil’s ExxtendTM technology for advanced recycling for use in packaging for the Australian and New Zealand market. The order will make Amcor the first flexible packaging company to offer certified-circular plastics in this market, which supports partial displacement of fossil-based feedstock and meets growing consumer demand for plastic circularity. Using its ExxtendTM technology, ExxonMobil offers certified-circular polymers with the International Sustainability and Carbon Certification (ISCC) PLUS certification that are identical to polymers made from conventional fossil feedstock. The certified-circular polymers can be used in existing applications, that otherwise require the use of virgin resins.
Mondi is investing in innovative technologies to increase FunctionalBarrier Paper capacity in order to meet the growing demand for sustainable paper-based packaging solutions. Mondi's range of FunctionalBarrier Paper offers tailored barrier properties that reduce the amount of plastic used in packaging, supporting the development of a circular economy. The range is being supported with an investment in a new extruder at Mondi Coating Štĕtí (Czech Republic). This will comprise the construction of a production building which will house state-of-the-art machinery such as an extrusion coater and a slitting machine. Production is expected to start in 2024. In addition, investment is currently underway at Mondi Jülich (Germany) with the rebuild of an existing coater. Two new dispersion coating stations will improve barrier properties by ensuring good coverage on the base paper.
The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) of mailing services price changes to take effect July 9, 2023. The new rates include a three-cent increase in the price of a First-Class Mail Forever stamp from 63 cents to 66 cents. If favorably reviewed by the Commission, the proposed increases will raise First-Class Mail prices approximately 5.4 percent to offset the rise in inflation. The price changes have been approved by the Governors of the U.S. Postal Service. The price for 1-ounce metered mail will increase to 63 cents, and the price to send a domestic postcard will increase to 51 cents. A 1-ounce letter mailed to another country would increase to $1.50. There will be no change to the single-piece letter and flat additional-ounce price, which remains at 24 cents. The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office Box rental fees, money order fees and the cost to purchase insurance when mailing an item.
FSC is revising the general accreditation standard FSC-STD-20-001 V4-0 General Requirements for FSC Accredited Certification Bodies. The standard ensures that FSC certifications are managed in a competent, consistent, impartial, transparent, rigorous, reliable and credible manner. The standard will be revised together with two related procedures FSC-PRO-20-003 Transfer of FSC Certificates and License Agreements and FSC-PRO-20-004 General Requirements for FSC Training Programme. Please access the process page here to learn more about this joint revision. This revision is now in the conceptual phase, and as part of this phase we will be conducting a focused consultation in May 2023 on the key proposals of this joint revision. Interested stakeholders will be asked to provide inputs and feedback on the FSC proposals. Further focused consultations may be happening at later stages of the revision process. We are now opening registration for interested stakeholders to participate in a focused consultation and stay engaged with the process through informational updates.
The launch of a new Green Star System and Green Card in March this year, from Antalis Packaging, will support customers to transition to a more sustainable future. The launch of the Green Star System and Green Card follows a survey Antalis recently conducted in partnership with IFOP among its customers in six countries (Denmark, France, Germany, Netherlands, Poland and UK). The study revealed customers’ CSR commitment, particularly in the areas of packaging, where the impact on the environment makes it a major issue for companies. According to the survey, environmental friendliness is the third most important consideration when buying packaging. Circular economy, carbon footprint and product origin are also factors. Antalis’ Green Star System and Green Card makes it easier for companies to access environmental information about products as well as compare their performance against a set of criteria.
The United States Postal Service reported new delivery performance metrics for the 13th week of the second quarter for fiscal year 2023 showing consistent or improved delivery performance across all mail categories. The average time for the Postal Service to deliver a mailpiece or package across the nation remained at just 2.5 days. FY23 second quarter service performance scores covering Jan. 1 through March 31, included: *First-Class Mail: 91.0% of First-Class Mail delivered on time against the USPS service standard, consistent with performance from the fiscal first quarter. *Marketing Mail: 94.6% of Marketing Mail delivered on time against the USPS service standard, an increase of 0.7 percentage point from the fiscal first quarter. *Periodicals: 86.6% of Periodicals delivered on time against the USPS service standard, an increase of 1.9 percentage points from the fiscal first quarter.
Recycling your old electronics is about to become easier than ever. Best Buy is introducing a new nationwide, easy-to-use program that allows you to recycle all your old tech – by mail! Starting this month, you can order a prepaid Best Buy Technology Recycling Box and ship off your old electronics for recycling. Through the service, we will give your tech a second life or recycle it responsibly to protect the environment. “We continue to build on our commitment to be there for our customers throughout the entire lifecycle of their products by making recycling simple and convenient,” said Tim Dunn, Best Buy’s head of environmental sustainability. “Sustainability is at the forefront of everything we do and this new service is another step we are taking to protect the planet today and for future generations.”
Pregis proudly showcased its packaging innovations to 50,000 industry professionals at ProMat 2023, the largest material handling, logistics, and supply chain show in the world. Coming out of the event, three critical packaging trends will add tremendous value to company fulfillment operations. Automation - E-commerce demand is raising volumes in warehouses, and to keep up, companies have no choice but to implement automation. This technology is being integrated more often, and the runway for an ROI is shorter than ever. Recyclability and Recycled Content - Protective packaging is being truly engineered with the environment in mind. Businesses, and their customers, are increasingly supporting a circular economy. Customer Experience - Protecting goods from the rigors of shipping continues to be a main proponent of customer experience, but as the world continues to lean towards direct-to-consumer offerings, companies are looking for more ways to stand out.
R.R. Donnelley & Sons Company enabled Wizards of the Coast (Wizards) to supply key retailers with customized, launch-specific marketing materials. The partnership increased new product launch visibility and won the award for “Most Innovative Supplier of the Year” at the 2022 Toy and Game International Excellence (TAGIE) Awards. Wizards is a family of studios specializing in building role-playing, trading card, and digital games for all genres of players. With a focus on community, they partner with more than 6,000 local game store retailers through the Wizards Play Network (WPN) to bring products like Magic: The Gathering and Dungeons & Dragons to players around the world.
National Average Price for Regular Unleaded Current: $3.581; Month Ago: $3.417; Year Ago: $4.153. National Average Price for Diesel Current: $4.208; Month Ago: $4.376; Year Ago: $5.071.
American Dollar to Canadian Dollar = 0.740118; American Dollar to Chinese Yuan = 0.145569; American Dollar to Euro = 1.091491; American Dollar to Japanese Yen = 0.007592; American Dollar to Mexican Peso = 0.054811.
As inboxes become more cluttered, mailboxes have become prime real estate. In fact, the latest data from the United States Postal Service shows that 73% of all households read their mail daily. Brands can cut through the noise and create memorable and tactile brand experiences by using and investing in technologies that take into account how customers interact with and use mail. Through their 2023 Monthly Mailing Promotions, the USPS is encouraging marketers, printers, and mailers to leverage advances in print and finishing technology to improve how consumers interact and engage with mail to drive customer engagement and response rates. Promotions range from using dynamic color and new print techniques to integrating mobile technology. Participants in these monthly promotions are eligible for significant discounts of up to 5%. This can add up to significant savings for big brands. One promotion to note is the 2023 Tactile, Sensory, Interactive Promotion which enhances how customers interact and engage with mail through multi-sensory experiences from visual effects, sound, scent, touch, and even taste!
Costco Wholesale Corporation reported net sales of $21.71 billion for the retail month of March, the five weeks ended April 2, 2023, an increase of 0.5 percent from $21.61 billion last year. For the thirty-one weeks ended April 2, 2023, the Company reported net sales of $137.77 billion, an increase of 6.0 percent from $130.00 billion last year.
Walmart Inc. is kicking off its two-day 2023 Investment Community meeting, where leadership will highlight how the company is investing to strengthen its business through its people and an unparalleled, next generation supply chain network of stores, clubs, and fulfillment centers and driving future global growth opportunities across its omnichannel ecosystem and high value initiatives. The company is also reiterating its first quarter and full-year guidance for fiscal year 2024. “We are in a unique position to serve our customers and members however they want to shop, which will fuel continued growth,” said Doug McMillon, Walmart president and chief executive officer. “As we grow, we will improve our operating margin through productivity advancements and our category and business mix, and drive returns through operating margin expansion and capital prioritization.”
Bertelsmann Investments (BI) made 54 new and 31 follow-on investments in companies and funds in the past financial year. BI pools Bertelsmann’s global venture capital activities and the newly created growth unit Bertelsmann Next, which advances the entrepreneurial development of new growth sectors and lines of business for Bertelsmann. Here, BI strengthened its commitment in the Digital Health business especially, through various fund and direct investments totaling €60 million. Carsten Coesfeld, CEO of Bertelsmann Investments, said: “Bertelsmann Investments had a successful year in 2022 with a high level of investment activity. In the current financial year, besides investing in our funds, we will place a special emphasis on Bertelsmann Next. The main focus in the expansion of our new growth areas is on digital health, where we see great potential, especially in the U.S.”
The Forest Stewardship Council (FSC) certification has been a vital component of sustainable forest management in Poland for over 25 years. Until recently, approximately two-thirds of the total forest area of 9.2 million hectares in the country were FSC-certified. The certified forests are managed by the Regional Directorates of State Forests (RDSF) and two Forest Experimental Stations under the University of Poznań. Despite initiating dialogue in November 2022 between FSC International and Polish State Forests, six Regional Directorates of State Forests (RDSFs), representing an area of roughly 2 million hectares, have opted to discontinue FSC certification in their respective regions. The affected regions include: *Gdansk (FSC-certified area: 303,938 ha) - expired *Torun (FSC-certified area: 456,447 ha) - expired *Poznan (FSC-certified area: 419,535 ha) - certificate expired on 4 April, 2023 *Warsaw (FSC-certified area: 194,960 ha) - certificate expiring on 9 April, 2023 *Radom (FSC-certified area: 325,074 ha) - certificate expiring on 1 May, 2023 *Pila (FSC-certified area: 362,770 ha) - recertification granted on 10 March, 2023; license agreement terminated by RDSF Pila, effective until May 31, 2023. There are currently 2,500 FSC Chain of Custody (CoC) certificates in Poland, making it one of the top countries for FSC CoC globally.
Klabin will carry out the 2023 General Shutdown at the Puma Unit, in Ortigueira (PR), starting next week. This important event aims to ensure the proper functioning and reliability of the Unit's equipment, in addition to implementing improvements that increase the quality of the company's production process and the safety of employees and the community. Maintenance stop periods are regulatory for some industry sectors and therefore in line with Brazilian legislation. It is at this moment that the necessary interventions take place to guarantee the reliability of the operation, bringing safety to the processes and to employees and the community. The Parade also generates an opportunity for improvements and technological updates to be implemented. It should be noted that at Klabin, the stages of work are defined using the best project management practices, with a focus on safety, planning, integration and quality in the production processes of the manufacturing units.
Three green hydrogen projects that Kimberly-Clark is developing with energy industry partners have won places on the UK Government’s Hydrogen Business Model Strategy (HBMS) shortlist. The scheme will kickstart the UK’s low carbon hydrogen economy by funding a first-round allocation of 250MW of electrolytic hydrogen projects across England, Scotland and Wales. Kimberly-Clark, the parent company of leading household brands including Andrex®, Kleenex®, Huggies®, WypAll® and Scott®, expects to reduce its natural gas consumption in the UK by 61% when these three projects are operational at the end of 2025, subject to final government contract. The three hydrogen projects selected by The Department for Energy Security and Net Zero (DESNZ) include a green hydrogen hub in Barrow-in-Furness. Being developed in partnership with Carlton Power, the Barrow Green Hydrogen hub will power Kimberly-Clark’s Cumbria manufacturing facility.
UPM Specialty Papers is excited to announce that the breakthrough oneBARRIER FibreCycle structure will be on display at Interpack 2023. This innovative high-barrier packaging provides a sustainable, recyclable, paper-based alternative to the multi-laminate plastic structures commonly used for long shelf-life products. Just as importantly, it can be recycled in existing fibre recycling streams. oneBARRIER FiberCycle represents the kind of packaging the world needs right now, enabling brand owners to reduce their reliance on fossil-based or non-recyclable materials, increase their use of renewable materials, and meet their sustainability targets. Working closely with leading experts across the world, UPM Specialty Papers is co-creating a more sustainable future through fibre-based, recyclable packaging materials. oneBARRIER FiberCycle is the result of a multi-year project in partnership with BOBST, one of the leading suppliers of substrate processing, printing and converting machinery, and Michelman, a developer of high barrier water-based coatings for packaging applications. By uniting their expertise from across the food packaging value chain, the group set out to create a recyclable paper-based packaging solution for foods with a long shelf-life. UPM Solide LucentTM offered an ideal basis for the development work. As a dense, smooth, and strong base paper, it is ideal for lightweight and uniform coatings. BOBST supplied the AluBond technology – an aluminium coating one-thousandth the thickness of a human hair and Michelman was responsible for the integrated coating system that provides priming, barrier properties and heat seal. Together these solutions have proved to be a powerful combination, resulting in a transformative approach to safeguarding food products with a long shelf-life, such as coffee, instant soup and sauce powder packets, spices, or milk powders.
FedEx Corp. is announcing today at its DRIVE Investor Event that it will consolidate its operating companies into one organization, creating efficiencies that will enhance the company's ability to meet the evolving needs of customers and ultimately build a stronger, more profitable enterprise. This phased transition, with full implementation expected in June 2024, will ultimately bring FedEx Express, FedEx Ground, FedEx Services, and other FedEx operating companies into Federal Express Corporation, becoming a single company operating a unified, fully integrated air-ground network under the respected FedEx brand. FedEx Freight will continue to provide less-than-truckload freight transportation services as a stand-alone company under Federal Express Corporation. Raj Subramaniam will serve as President and CEO of the combined organization.
There will be six issues per year, and a digital format that can be read on any device. Scholastic is offering a preview, highlighting Earth Day-related careers in free articles and activities. SuperSTEM offers the following features: *A selection of cross-curricular lessons designed to achieve Next Generation Science Standards (NGSS). *Topics that serve a range of reading levels in every issue. *Photography and hands-on demonstration videos. *Educator kits. *Family engagement opportunities.
Cushioning is an essential part of protecting fragile goods from shock and vibration. That’s why for many decades, plastic foams have been used as a versatile and cost-effective solution. However plastic based foams are problematic. If they leak out to nature the material is inert and will not degrade. Furthermore, plastic foams are generally made from finite sources, mainly crude oil, which leads to a release of fossil carbon at its end of life. To turn these challenges into a thing of the past, Stora Enso has developed a lightweight, paper-based foam for protection and cushioning in packaging. Here are three key reasons why Papira® by Stora Enso is better than conventional plastic foams. 1. A bio-based product - Plastic foams used in cushioning today are mainly made of crude oil, resulting in a product with a high carbon footprint over its lifetime and other environmental issues. 2. Recyclable in the paper stream - Even though plastic foams such as expanded polystyrene or polyethylene foams are lightweight and handy, recycling them is difficult. Paper-based Papira® by Stora Enso is designed for recycling in paper or carton streams. 3. Biodegradable and compostable - As a material, Papira® is designed to be biodegradable. Therefore, it does not become waste or pollution even if not recycled properly.
In the run up to the Earth Day (22nd April), Tetra Pak is highlighting some of its recent recycling initiatives that are helping to keep valuable materials in use and out of landfills. These initiatives are part of the investments that the company has been making for decades, to support collection and recycling infrastructure across the world, growing the number of recycling operations handling cartons worldwide from 40 in 2010 to more than 200 today. According to the World Bank, global waste is predicted to increase 70% by 20501, unless immediate and significant action is taken. Despite its essential role in feeding a growing global population, food packaging can add to the issue if not properly collected and recycled. Tetra Pak’s recent collaborations are focused on creating additional recycling capacity, increasing collection rates and ensuring that materials from post-consumer beverage cartons can re-enter the economy.
Quad is now the sole printer of the U.S. edition of Reader’s Digest, America’s fourth largest-circulation magazine. The new, multi-million-dollar contract spans the next three years. One of the best-known magazines on American shelves, Reader’s Digest’s move to Quad streamlines its annual U.S. print run of almost 20 million copies. Quad’s through-the-line solution, including a capital investment in two-up binders, gives it all the resources needed to manufacture and distribute the magazine. This end-to-end process includes Publishers’ Studio, Quad’s proprietary workflow solution for issue mapping, which Reader’s Digest has been using since 2021.
Monadnock Paper Mills, a manufacturer of technical specialty and premium printing and packaging papers, announced that Stephen (Steve) Murphy has rejoined the Company as Director of Supply Chain and Logistics. Steve has a history with Monadnock Paper Mills. He joined the Company in January of 1988 as an hourly employee and rose to the position of Paper Machine Tender. In January1997, he was promoted to the position of Maintenance Purchasing/Stockroom Manager. Steve left Monadnock in 2007 to pursue his education and a career progression with ENCON Evaporators, Inc. of Hooksett, NH. He earned a Bachelor of Science degree in Operations Management & Supply Chain, Summa Cum Laude, from Southern New Hampshire University. While attending college, he continued his career with ENCON, holding multiple positions from 2007 through 2023 including Purchasing Manager, Operations and Production Manager, Supply Chain Manager.
In connection with the start-up last week of containerboard production at Norske Skog Bruck, we invite press, investors and other interested parties to the official opening ceremony of our new containerboard machine at the Bruck industrial site on 22 June. Norske Skog Bruck started its containerboard production last week, introducing 210 000 tonnes of competitive testliner and fluting capacity to meet the growing demand for renewable packaging. The production is based 100% on recycled fibre and will use steam from the new waste-to-energy plant, which opened in April 2022. Norske Skog Bruck will start to deliver containerboard to customers in the second quarter. Full production utilisation of 95% is expected in the second half of 2025.
Are you a faceless brand? Are you talking to your costumer in an authentic, meaningful way? Studies in neuroscience have proven that 95% of all buying decisions are driven by emotion, not logic. We're all drawn to products or brands for much deeper, primal reasons. Hear from J.Schmid President and CCO, Brent Niemuth, on what those primal reasons are and what you and your brand can do to appeal to deeper emotional instincts. Watch video at: https://www.jschmid.com/blog/the-power-of-emotion/
Stora Enso has completed the divestment of its paper production site in Hylte, Sweden announced on 27 January 2023, and all related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The enterprise value of the transaction is approximately EUR 18 million and will result in the reduction of Stora Enso’s annual newsprint paper capacity by 245,000 tonnes. Using 2022 figures as a benchmark, the divestment is expected to reduce Stora Enso’s annual sales by approximately EUR 160 million. As announced earlier, Stora Enso will book a disposal loss of approximately EUR 35 million, in addition to an impairment loss of EUR 19 million recorded in Q4/2022 in its IFRS operating profit in Q2/2023, as an item affecting comparability. The final value will be subject to closing date adjustments.
Sonoco announces that the high barrier paper-based structure, EnviroFlex® Paper Ultimate (ULT) 1.0, has received How2Recycle® pre-qualification and has met all requirements of the Fibre Box Association’s Voluntary Standard for Repulping and Recycling. This pre-qualification comes as a result of Sonoco’s ongoing efforts to develop innovative, sustainable packaging solutions. EnviroFlex Paper ULT 1.0 is a superior oxygen, moisture, and grease barrier packaging solution available in various formats, including rollstock, heat/cold seal, sachets, and pre-made pouches. EnviroFlex Paper ULT 1.0 provides exceptional protection and preservation for perishable items, such as baked goods, confections, pet treats, salty snacks and powdered beverages, while being curbside recyclable. Sonoco understands the importance of providing safe and non-toxic materials in convenient formats. Therefore, the company has gone above and beyond to develop EnviroFlex Paper ULT 1.0 and a host of other paper-based structures without the use of chemicals of concern, such as PFAS and PVDC.
TC Transcontinental announced that it has developed an innovative leaflet for Montréal that will reduce the volume of paper from flyers by nearly 60% and eliminate plastic entirely. This new product is a thin leaflet folded in four that combines flyers from various retailers into a single printed product with a limited number of pages. It will be accompanied by a digital platform that will include a wider set of promotional offerings for consumers. “Our new solution for Montréal is designed to meet the evolving needs and expectations of consumers and retailers, maintain healthy competition on prices, and bring environmental benefits exceeding the City of Montréal’s stated source reduction objectives,” said Patrick Brayley, Senior Vice-President, Premedia, Distribution and In-Store Marketing at TC Transcontinental. “Research shows that most consumers continue to rely on printed flyers to plan their visits to local stores. Flyers help Montrealers fight inflation and save up to $1,500 a year. We have paid close attention to the dialogue surrounding our offering in recent years and trust this innovation, together with our new digital platform, will deliver on the expectations of all stakeholders.”
Paper Excellence Canada is thrilled to announce today that it has been awarded the Corporate Pioneer of the Year Award at the annual Foresight Canada BC Cleantech Awards. The award was announced during an event in Vancouver on Thursday evening. Foresight Canada’s BC Cleantech Awards are an annual event to recognize inspiring change-makers from across British Columbia that are leading the charge to a net-zero economy. The Corporate Pioneer of the Year Award recognizes a large organization or company adopting, championing or leading sustainable practices in their industry. Paper Excellence was honoured to be nominated alongside other great companies, including Copper Mountain Mining Corp., Shell, FortisBC, and the Port of Vancouver.
FY23 second quarter service performance scores covering Jan. 1 through March 24, included: *First-Class Mail: 91.2% of First-Class Mail delivered on time against the USPS service standard, consistent with performance from the fiscal first quarter. *Marketing Mail: 94.7% of Marketing Mail delivered on time against the USPS service standard, an increase of 0.7 percentage points from the fiscal first quarter. *Periodicals: 87.0% of Periodicals delivered on time against the USPS service standard, an increase of 2.3 percentage points from the fiscal first quarter.
The Postal Regulatory Commission issued its FY 2022 Annual Compliance Determination assessing the Postal Service’s compliance with rates and service performance. The Commission is required to issue its Determination 90 days after the filing of the Postal Service’s Annual Compliance Report (ACR) (39 U.S.C. Section 3653). This review reflects the new pricing rules for Market Dominant products adopted in FY 2021, including rate authority mechanisms and new requirements for workshare discounts and non-compensatory products. The Commission’s analysis includes detailed findings, recommendations, and directives on compliance regarding the following subjects: *Market Dominant products’ rates and fees, including, in particular, workshare discounts and non-compensatory products *Competitive products rates and fees *Service performance of Market Dominant products
WBA second quarter sales increased 3.3 percent from the year-ago quarter to $34.9 billion, an increase of 4.5 percent on a constant currency basis. Operating income was $0.2 billion in the second quarter compared to $1.2 billion in the year-ago quarter. Operating income in the quarter reflects a $306 million pre-tax charge for opioid-related claims and litigation, Summit Health acquisition costs and higher costs related to the Transformational Cost Management Program. Net earnings in the second quarter were $703 million compared to $883 million in the year-ago quarter. This decrease is driven by lower operating income partially offset by a $454 million after-tax gain from the partial sale of the Company's equity method investment in AmerisourceBergen. Net cash provided by operating activities was $745 million in the second quarter.
The Forest Stewardship Council (FSC) announces the withdrawal of the remaining forest management certificates in Russia by the respective certification bodies. This is due to the decision by Assurance Services International (ASI) to terminate its FSC assurance activities in Russia. ASI’s decision will enter into force on 1 May 2023 and will be re-evaluated once the conditions allow for assurance again. Based on the risk assessment conducted by ASI, the main reason is the increasing integrity risk in the country as the security for the people involved in oversight activities in Russia can no longer be guaranteed. In addition, there are limitations to operating in the country as a result of the restricted access and sanctions. With the termination of ASI's oversight activities in Russia, certification bodies will no longer be accredited for auditing against the FSC standards in the country.
You’ve no doubt seen the impassioned ENGO fundraising claims warning that “billions of trees are cut down each year to make paper products,” and as a result, “deforestation is accelerating at a rapid pace.” Their suggested solution to this “deforestation crisis and its climate impacts” is to eliminate the use of wood fiber to manufacture paper products – 50% by 2030 – and replace it with recycled content or so called “next generation” alternative fibers. But as President John Adams once said, “Facts are stubborn things; and whatever may be our wishes, our inclinations or the dictates of our passion, they cannot alter the state of facts and evidence.” And the fact is that sustainably produced North American paper products are not a cause of deforestation, no matter what some ENGOs say or how many times they say it.
Sonoco has upgraded its Hartsville wastewater treatment site to significantly reduce carbon emissions. The company began treating wastewater from its paper operations in the 1950’s and in 1987, an anaerobic lagoon was added to improve the system’s efficiency. Anaerobic wastewater treatment is a highly efficient treatment process that uses less energy and produces less sludge than conventional aerobic treatment. The organic matter in the wastewater is converted to carbon dioxide and methane. In addition to the anaerobic treatment, a cover on the lagoon had been capturing the gases and routing them to a flare for destruction. In partnership with renewable natural gas developer GreenGasUSA, new biogas equipment now converts any gaseous methane to pipeline quality renewable natural gas for use in homes and businesses using the existing interstate pipeline system. It’s expected to reduce Sonoco’s greenhouse gas emissions by 8,000 metric tons per year and provide renewable energy to South Carolina.
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. “We embrace continuous investment that pairs with our efficiency and employee safety values. This equipment will highlight our recent acquisitions while giving us a broader footprint to serve our customers,” said Ox Industries CEO Kevin Hayward.
Amcor announced that it has earned a Flexible Packaging Association (FPA) Silver Achievement Award for its AmPrima™ PE Plus recycle-ready pouch for Lahli™ Morning Protein Bites. The pouch features Amcor’s AmPrima™ PE Plus recycle-ready film: *AmPrima™ solutions employ a variety of technologies, including proprietary techniques unavailable elsewhere, to deliver recycle-ready alternatives with no compromise on performance. *The AmPrima™ PE Plus material matches the clarity, stiffness, heat resistance, surface energy and abuse resistance of the unrecyclable incumbent film. *To aid recycling efforts, the pouch carries a How2Recycle® label for the PE stream, clearly communicating store drop-off recycling instructions.
The comprehensive report, which covers January to December 2022, highlights the company’s progress through continued capital investment, ongoing operational improvement and collaboration with customers and other key stakeholders. Last year, Smurfit Kappa delivered several landmark achievements highlighting its continued leadership in sustainability including: *A world first in successfully trialling hydrogen in its Saillat paper mill in France *Completion of a multi-fuel boiler in the Zülpich paper mill in Germany which reduced emissions at the mill by 25% *The announcement of the Group’s largest decarbonisation project in Cali, Colombia involving an investment of almost €100 million *Commencement of a district heating project in Austria to benefit 20,000 homes across 3 communities.
TC Transcontinental Packaging is pleased to announce that it has been recognized with the prestigious Gold award in the Shelf Impact category for manufacturing the Procter & Gamble’s Gillette Slate Resealable Razor Pouches at the 2023 Flexible Packaging Achievement Awards. Additionally, TC Transcontinental Packaging took home two Silver awards; one in the Shelf Impact category for the San Pellegrino Essenza Sparkling Water 24-case collation shrink film which includes 33% of PCR (post post-consumer recycled) content, and one in the Printing category for the Whole Foods Baking Mix Flat Bottom Pouches. “We are proud to win FPA’s “Shelf Impact” and “Printing” awards and to be recognized by the industry for our team’s technical expertise,” said Thomas Morin, President Transcontinental Packaging. “At TC Transcontinental Packaging we value the trust our customers place in us, and every TC employee strives to deliver flexible packaging solutions especially for them. We acknowledge the critical role our packaging plays in annunciating their brand message and connecting with the consumer. To do so we bring high-end technology, sustainable solutions, expertise, and passion to support our customer’s success in the market today.”
In the movement to create more eco-friendly packaging, brand owners are seeking additional assurances their suppliers are providing safe and sustainable solutions that meet both packaging and consumer demands. To exceed these expectations, Ahlstrom is pleased to announce Cristal® Transparent Packaging Papers have met ChemFORWARD’s rigorous evaluation of human and environmental criteria for safer alternatives through the organization’s SAFER™ program. Cristal® transparent papers are ideal alternatives to non-renewable materials, from replacing a plastic or film in a package to creating a fully fiber-based end-use structure. “The use of transparent paper in packaging enables the food and ecommerce industries to effectively convey a value of trust in customers’ minds,” explained Guillaume Latourrette, Global Vice President of Food Packaging for Ahlstrom. “The strong sustainable attributes Cristal® already addressed as a natural, compostable, and recyclable packaging solution are now amplified by achieving SAFER™ status.”
"I am confident that Kevin Kuznicki, with his experience from a variety of positions and industries, is the right person to lead Billerud's journey in the US going forward," says Christoph Michalski, President and CEO at Billerud. “I feel very fortunate to have the opportunity to serve as President for Billerud North America and am optimistic about our future. I am honored to work with such a talented team across the company and look forward to continuing our journey and accomplishing great success together,” says Kevin Kuznicki, incoming President of North America at Billerud. Kevin Kuznicki succeeds Robert Kreizenbeck, who left the company this month.
Avery Dennison Corporation has appointed leaders for its two business segments. Hassan Rmaile has been named president of the Materials Group. Francisco Melo has been named president of the Solutions Group, a role that has been open since Deon Stander’s appointment to president and chief operating officer in March of 2022. As earlier announced, the company now consists of two reportable segments. The Materials Group comprises what was formerly Label and Graphic Materials and Industrial and Healthcare Materials. The change reflects efforts in recent years to leverage their combined operational capabilities and technologies to enhance the ability to win in their respective marketplaces. The Solutions Group was formerly Retail Branding and Information Solutions. This name change better reflects the business’s reach and ambition for its solutions beyond retail. Rmaile and Melo report to Avery Dennison President and COO Deon Stander.
UPM has completed withdrawal of its businesses from Russia by selling all its Russian operations, including the Chudovo plywood mill, to Gungnir Wooden Products Trading. The parties have agreed not to disclose the details of the transaction. Following Russia's war of aggression in Ukraine, UPM announced in March 2022 suspension of its business activities in Russia, including deliveries, wood procurement and the Chudovo plywood mill.