Metsä Board’s comparable operating result in January–September 2021 was EUR 295 million

TC Transcontinental Packaging is thrilled to announce the significant expansion of our Transcontinental Ontario, California facility, fully commercial and ready for operation as of September 2021. The expansion of the Transcontinental Ontario facility notably enhances our Shrink & Extrusion Group capabilities and capacity, providing a coast-to-coast, cost-effective, and efficient solution for our customers and the market. The $14 million (USD) investment includes the addition of advanced technology: a 3-layer extrusion line along with a state-of-the-art flexographic 10-color, wide web press. This investment enables us to meet the market’s surging demand for improved delivery times, enhanced inventory management, and reduced transit time to market, especially for those customers west of the Mississippi.

Inteplast Group’s BOPP Films and Engineered Films (IEF) have developed a film portfolio of recyclable, mono-material flexible packaging featuring cutting edge biaxially oriented polyethylene (BOPE) films and low seal initiation temperature (SIT) sealant webs. The portfolio will be exhibited at this September’s Pack Expo in Las Vegas. When used in tandem, these BOPE films and low-SIT sealant webs support the industry-wide shift toward flexible packaging that is recycle-ready and circular economy friendly. Potential applications include stand-up pouches, fresh-cut produce packaging, cold-seal packaging, and vertical and horizontal form, fill and seal.

Sonoco announced it has completed the acquisition of Ball Metalpack, a leading manufacturer of sustainable metal packaging for food and household products and the largest aerosol can producer in North America. Ball Metalpack was a joint venture owned by Platinum Equity and Ball Corporation (NYSE: BLL). “Sonoco and Ball Metalpack are a clear strategic fit. The metal packaging business complements Sonoco’s largest Consumer Packaging franchise – our iconic global Paper Cans and Closures business. In addition, this combination expands Sonoco’s already established sustainable packaging portfolio to include metal packaging, which is one of the world’s top circular economy adapted products,” said Howard Coker, President and CEO of Sonoco. “We are extremely excited to welcome 1,300 experienced metal packaging associates into the Sonoco family. With a comprehensive and innovative product portfolio and facilities enhanced by significant recent investments in new technology and capacity, we believe the addition of this metal packaging business will further strengthen our stable cash flow generation and provide immediate earnings accretion.”