Adobe Reports Record Revenue in Q2 Fiscal 2024

“Adobe achieved record revenue of $5.31 billion driven by strong growth across Creative Cloud, Document Cloud and Experience Cloud,” said Shantanu Narayen, chair and CEO, Adobe. “Our highly differentiated approach to AI and innovative product delivery are attracting an expanding universe of customers and providing more value to existing users.” “Adobe delivered outstanding Q2 results, positioning us to raise our annual targets,” said Dan Durn, executive vice president and CFO, Adobe. “Our market-leading products, strong execution and world-class financial discipline position us well for the second half of 2024 and beyond.”
Read More

AWS Announces $230 Million Commitment for Generative AI Startups

Amazon Web Services, Inc. announced a $230 million commitment for startups around the world to accelerate the creation of generative AI applications. This will provide startups, especially early-stage companies, with AWS credits, mentorship, and education to further their use of artificial intelligence (AI) and machine learning (ML) technologies. Part of the new commitment will fund the second cohort of the AWS Generative AI Accelerator, a program that provides hands-on expertise and up to $1 million in credits to each of the top 80 early-stage startups that are using generative AI to solve complex challenges. Applications for the AWS Generative AI Accelerator open today and will be accepted until July 19. “For more than 18 years, AWS has helped more startups to build, launch, and scale their business than any other cloud provider—it’s no coincidence that 96% of all AI/ML unicorns run on AWS,” said Matt Wood, vice president, Artificial Intelligence Products at AWS. "With this new effort, we will help startups launch and scale world-class businesses, providing the building blocks they need to unleash new AI applications that will impact all facets of how the world learns, connects, and does business.”
Read More

Oklahoma Supreme Court Blocks State Effort to Ban Books from School Libraries

On June 11, the Oklahoma Supreme Court ruled that the state Department of Education overstepped its authority by attempting to force the Edmond Public School district to remove two books the state had deemed inappropriate from its school library shelves, holding that new state rules enacted last year to govern book content in the state’s public schools had no basis in law. “We conclude a local school board possesses statutory authority to maintain and control its local school library, and one aspect of this control includes discretionary selection for providing supplemental educational books and instructional material deemed appropriate by the local school board in compliance with state statutes,” the unanimous decision reads. “No statute gives the State Board of Education, State Department of Education, and Superintendent of Public Instruction the authority to overrule a local school board's exercise of discretion in applying its local community standards for books in a local school library.”
Read More

Empowering EUDR compliance and innovation with new partnerships

We were lucky to have LIVE EO, Osapiens and TimberID as gold sponsors at the PEFC Forest Forum, and Timbeter as a silver sponsor. At the conference, the sponsors met with PEFC members and international stakeholders to demonstrate and explain their technology solutions for EUDR compliance. Thanks go to Alberta Zatta and João Diogo, Michael Frank, Swapan Chaudhuri, and Anna-Greta Tsahkna! PEFC is working towards partnerships with all these companies, with our first announcement due soon on our plans with LIVE EO. LIVE EO, Osapiens and TimberID have end-to-end software solutions for EUDR compliance which include Earth Observation checks for deforestation and degradation, data sharing capability and Due Diligence Statement functionality.
Read More

SEE Announces New CEO and Executive Promotions

SEE announced that its Board of Directors has elected Patrick Kivits as its new Chief Executive Officer, following an extensive search process, effective July 1st, 2024. Mr. Kivits will also serve as a member of the Board of Directors of SEE. Mr. Emile Chammas and Mr. Dustin Semach will remain with the company. Mr. Chammas will continue to serve as Chief Operating Officer and Mr. Semach's role is being elevated to President and Chief Financial Officer. Henry Keizer, SEE Board Chairman, said, "We are pleased to welcome Patrick as our new CEO. He has a strong track record of delivering growth and driving commercial and operational transformations within the packaging industry, and we are confident he will accelerate SEE's transformation and drive long-term value creation for our shareholders."
Read More

U.S. East Coast port union strike threat to test shippers’ nerves

Labor talks at U.S. ports on the East Coast and Gulf of Mexico are a looming risk for retailers, manufacturers and other shippers already grappling with longer transit times and higher costs. The International Longshoremen's Association contract covering 45,000 dockworkers at three dozen ports stretching from Maine to Texas expires on Sept. 30. If there is no deal by then, the union could call a strike that would hit during the vital holiday container shipping season and labor-friendly U.S. President Joe Biden's bid for reelection. The ILA on Monday called off this week's planned start of talks with the U.S. Maritime Alliance, citing one member of that employer group's use of automation technology in violation of prior agreements.
Read More

FPA Announces President & CEO Departure

The Flexible Packaging Association (FPA), the leading advocate and voice for the growing U.S. flexible packaging industry, announces that its long-serving President & CEO, Alison Keane, will step down from her position on August 1, 2024. The organization announced at the same time that it is initiating a search to identify a new leader. Founded in 1950, FPA’s mission is to amplify the voices of converters, suppliers, trade press professionals, and academics, leading to effective advocacy, unique educational offerings, outstanding networking opportunities, and real growth for our members.
Read More

Metsä Group has selected key partners for the pre-engineering project for Muoto™ packaging factory

Metsä Group's pre-engineering project for a potential commercial-scale Muoto™ fibre product plant is progressing as planned. After the pre-engineering phase, Metsä Group may consider making an investment decision. The partners selected for the pre-engineering project are Elomatic, SRV, Valmet Technologies and A-insinöörit Suunnittelu. SRV will act as project management contractor for the construction project and will also be the engineering design partner for the building services. Elomatic has been selected as the main design partner for the design of the factory structure and facilities and will assist in the cost planning and construction schedule. Valmet will act as process engineer for the fibre product in the project. A-insinöörit Suunnittelu Ltd has been selected as the plant construction design partner for the project.
Read More

WestRock Stockholders Approve Combination with Smurfit Kappa

WestRock Company announced that, based on the preliminary vote count, WestRock stockholders voted to approve the Transaction Agreement and other proposals related to the combination of Smurfit Kappa Group plc (“Smurfit Kappa”) and WestRock (the “Combination”) at WestRock’s Special Meeting of Stockholders held earlier today. Pursuant to the terms of the Transaction Agreement entered into on September 12, 2023, Smurfit WestRock will acquire Smurfit Kappa by means of a scheme of arrangement under the Companies Act 2014 of Ireland (as amended) (the “Smurfit Kappa Share Exchange”), and Sun Merger Sub, LLC, a wholly owned subsidiary of Smurfit WestRock, will merge with and into WestRock (the “Merger,” and together with the Smurfit Kappa Exchange, the Combination), with WestRock surviving the Merger and becoming a wholly owned subsidiary of Smurfit WestRock.
Read More

Wiley Reports Fourth Quarter and Fiscal Year 2024 Results

“We finished the year strong and head into Fiscal 2025 with full confidence in our Research trajectory, GenAI momentum, and profit and performance outlook,” said Matthew Kissner, Interim President and CEO. “We are seeing robust demand to publish and significant output acceleration in Research as well as continued outperformance in Learning. On top of this, we’re seeing significant interest in leveraging our authoritative content to train AI and machine learning models. Finally, we’ve executed on our stated commitments with discipline and speed, enabling us to exceed our earnings guidance and accelerate our cost savings program, setting us up well for continued margin expansion and strong cash generation ahead.” Fiscal Year 2024 was a transition year for Wiley as the Company divested non-core assets, restructured and realigned the organization, and recorded multiple non-cash impairments. Results reflect this activity. GAAP Results (including Held for Sale or Sold Assets): Revenue of $468 million (-11%), Operating income of $69 million (-17%), and EPS of $0.46 (-$0.76).
Read More

DAA Revamps Behavioral Targeting Opt-Out Mechanism

The self-regulatory privacy organization Digital Advertising Alliance on Wednesday plans to unveil a downloadable browser extension that will enable people to opt out of receiving behaviorally targeted ads -- meaning ads selected for web users based on their activity across sites or apps. The tool, which is still undergoing testing, initially will be compatible with the four largest browsers -- Google's Chrome, Mozilla's Firefox, Microsoft's Edge and Apple's Safari. The new mechanism eventually will also give users the choice between rejecting all behavioral targeting, or accepting targeted ads in certain categories -- such as automotive, travel or pets.
Read More

New wood packaging made with 70% recycled plastic

Timber is exposed to demanding circumstances during storage, loading and transportation. "We have developed a new packaging that consists of 70 percent recycled material, without compromising on quality. SCA Wood will be the first on the market with packaging that has such a high proportion of recycled plastic," says Tom Rautakorpi, product specialist at Trioworld. The packaging is manufactured by Trioworld and is estimated to result in 54 percent lower greenhouse gas emissions compared to the same product made from virgin plastic. "To increase our already significant climate benefit, it is important to gradually reduce the remaining emissions. We have long been looking at what we can do better regarding the packaging, and it is positive that we can now make progress in this area," says Jerry Larsson, President of SCA Wood.
Read More

Swiss Food & Nutrition Valley teams up with Nestlé and Tetra Pak to inspire collaborative innovation in sustainable packaging

Swiss Food & Nutrition Valley, together with Valley partners Nestlé and Tetra Pak, brought together 60+ Swiss and European partners at a nationwide event in Bern this week. The joint project is designed to shine a light on some of the most promising approaches in sustainable packaging materials and drive further innovation through new collaborations. Commenting on the event, Christina Senn-Jakobsen, CEO of Swiss Food & Nutrition Valley, says, "This event showcased the incredible potential of collaborative innovation. The challenges around sustainable packaging cannot be solved in silos. Collaboration between startups, established multinationals, research institutions and governmental bodies is crucial."
Read More

Fey Printing Wins Best of Show in GLGA’s 2024 Graphics Excellence Award Competition

The Great Lakes Graphics Association (GLGA) has revealed the second group of top winners of their 2024 Graphics Excellence Awards (GEAs). The announcement was made at their Wisconsin Awards Celebration held on June 12, 2024, at the Wisconsin Club in Milwaukee, WI. Best of Show, the competition’s highest honor, was awarded to Fey Printing of Wisconsin Rapids, Wisconsin, for their entry in the Promotional Campaigns – Consumer category entitled Rivage Bal Harbour. One judge noted, “This collection of marketing materials enclosed in an elegant wrapper functions as a fantasy fulfilled.”
Read More

Colbert Packaging Orders 10-Color, 41″ RMGT TP (Tandem Perfector) Sheetfed Offset UV Press

The new, 41” RMGT 1060 TP LX 10-color CC LD + UV press will replace two existing presses at Colbert’s 170,000-sq.-ft. Kenosha, Wisconsin, facility. An existing Eagle Systems cold foil unit at Colbert will also be transferred to the new press after it is installed in February 2025. Colbert Packaging President John Lackner and CFO Kraig Lang were on hand, along with RM Machinery CEO Rahul Kaushik and other RM Machinery and RMGT executives, to celebrate the order signing at drupa on May 29. Celebrating its 65th anniversary, the independent, woman-owned Colbert Packaging provides paperboard packaging solutions, primarily for the pharmaceutical and healthcare industries.
Read More

Lenzing welcomes new core shareholder Suzano S/A

The Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, learned today that Lenzing's main shareholder B&C Group and the Brazilian pulp producer Suzano S/A have signed a long-term partnership in connection with the majority stake in Lenzing. As part of this agreement, Suzano S/A will take over a 15 percent stake in Lenzing AG from B&C Group. Suzano is the world's largest pulp producer based in Sao Paolo and recently achieved annual sales of more than EUR 7 billion. Lenzing's management welcomes the proposed transaction and looks forward working with another core shareholder.
Read More

Meta Must Face Suit Over Scam Ads

A federal appellate court has revived a lawsuit by two Meta Platforms users who say they lost money after responding to fraudulent ads on Facebook. The ruling, issued last week by a three-judge panel of the 9th Circuit Court of Appeals, allows Oregon resident Christopher Calise and Nebraska resident Anastasia Groschen to attempt to prove that the company violated its terms of service by allegedly failing to police Facebook ads placed by third parties. The decision stems from a lawsuit brought by Calise and Groschen in 2021, when they accused the company of soliciting fraudulent ads from advertisers based in China.
Read More

Congress Urged To Revise Privacy Proposal, Completely Override State Laws

The tech industry group TechNet, U.S. Chamber of Commerce and other organizations are urging lawmakers to revise a proposed federal privacy law by more sweepingly overriding state privacy statutes. The proposed American Privacy Rights Act “falls short of creating a uniform national standard due to its inadequate federal preemption of the ever-growing patchwork of state privacy laws,” the groups say in a letter sent this week to leaders of the House Energy and Commerce Committee. As currently written, the proposed law appears to require businesses to allow consumers to opt out of online behavioral advertising -- meaning ads served based on cross-site and cross-app data. The current iteration also would require data brokers to let consumers opt out of data collection, and request deletion of their data. The measure additionally would allow consumers to sue over violations.
Read More

FSC takes strong actions in Myanmar

FSC International will not withdraw from Myanmar according to a decision taken by the Board of Directors in March 2024 at the 98th Board Meeting. Further, in accordance with their decision, new certificates will not be issued in the country unless FSC’s core labour requirements are diligently implemented and audited. FSC International’s Board also agreed to suspend the Trademark License Agreement (TLA) of all certificate holders managed by Bureau Veritas – an accredited certification body. At the 98th Board Meeting, the FSC International Board of Directors reviewed the findings of two FSC-commissioned investigations conducted by FSC’s assurance partner, Assurance Services International (ASI). Investigations carried out by ASI in 2023 revealed the following: *Workers’ conditions in certificate holders are no better than those in non-certified companies. *Certification bodies are not adequately assessing certificate holders’ compliance with labour requirements. *Certificate holders have been issued with non-conformities with respect to freedom of association, protection of workers’ rights to organize, and forced labour.
Read More

Mail Response And Attention Continue On An Upward Trajectory In Q1 2024

The latest quarterly results from JICMAIL reveal that 6% of mail (including Direct Mail, Business Mail, Partially Addressed Mail and Door Drops) prompted a purchase in Q1 2024, while the average amount of time spent with a piece of Direct Mail across 28 days climbed to 134 seconds. JICMAIL – The Joint Industry Currency for Mail – has revealed that while the UK economy grappled with the recovery from a technical recession, those advertisers who maintained their confidence in the mail channel were rewarded with 43% year on year growth in purchases driven by mail.
Read More

Tetra Pak introduces pioneering solution to eliminate foaming and reduce costs from protein mixing

Tetra Pak today announces the launch of the Tetra Pak® Industrial Protein Mixer, a groundbreaking new product designed to reduce product loss in liquid protein mixing. A direct response to the longstanding issue of foaming during the mixing phase of liquid food products, this innovative solution is set to improve food and beverage (F&B) manufacturers’ operational efficiency. Traditional methods of mixing in liquid food production often encounter problems with air entrapment and foaming, resulting in lost product. Foaming alone is estimated to cost approximately €276,400 annually in typical food and beverage production scenarios,1 making this mixer an important technological evolution for F&B manufacturers aiming to reduce their total cost of ownership, boost margins and improve product quality.
Read More

5 Takeaways from the 2024 National Postal Forum (piworld.com)

1. The rate increase. There is no way to get around it or ignore it — perhaps the single biggest topic of conversation at this years’ event was the postal rate increases. 2. Mail is becoming a luxury item. On the heels of the rate changes, many are noting that brands are beginning to see the mail component of their marketing campaigns as more of a luxury line item. 3. Design is critical. While certainly not a new phenomenon, the design of the mail piece is only becoming more critical. 4. Postal discounts are more critical than ever before. Speaking of postal discounts, there are a lot of programs out there that brands and mailers could — and should — be taking advantage of, and those discounts are shifting and changing. 5. Direct mail works. Direct mail is still the single marketing channel that gets the most return on investment of every platform — multiple sessions noted that ROI for direct mail sits at around 40%, which is significantly higher than any other channel.
Read More

Find your packaging zen: Mondi’s ProVantage SmartKraft brings peace of mind to packaging decisions

Amidst the daily whirlwind of business, achieving balance can be truly gratifying. Mondi’s Containerboard team is today launching a campaign to help customers achieve just that. Introducing ProVantage SmartKraft Brown and White — offering a harmonious packaging solution that brings peace of mind. No more compromises; these two containerboard paper grades strike the ideal balance between sustainability, strength, and printability, providing the tranquillity needed in packaging decisions. The papers are made of 100% fresh fibre on the top and 100% recycled fibre underneath (two ply solution), making them the perfect blend of sustainability, strength, cost efficiency and printability. Like all Mondi Containerboard papers, they are 100% recyclable and made from 100% responsibly sourced raw materials. ProVantage SmartKraft grades combine fresh and recycled fibres and are available in both brown and white variations, aiming to minimise environmental impact while maintaining high standards of quality and strength. These containerboard paper grades are ideally suited to the needs of e-commerce, retail and fast-moving consumer goods packaging, by using responsibly sourced raw materials.
Read More

Pixelle Specialty Solutions Announces Significant New Funding

Pennsylvania-based Pixelle Specialty Solutions, a leading provider of specialty papers, announced that it has secured significant new financing, positioning the company with ample liquidity for continued future growth. The recent financing, which includes new capital investment and amendments to the Company’s credit facilities, was completed in collaboration with the Company’s existing lenders and has substantially bolstered the Company's cash liquidity position. This strategic transaction provides a significant injection of fresh capital to invest in the Company’s manufacturing capabilities and to drive improved operational performance at the Company’s three paper mills going forward.
Read More

Solenis Acquires Lilleborg from Orkla, Expanding Food and Beverage and Institutional Businesses in Norway

Solenis, a leading global producer of specialty chemicals for water-intensive industries, has acquired 100 percent of Lilleborg shares from Orkla, on June 12, 2024. Headquartered in Oslo, Norway, Lilleborg supplies professional cleaning solutions and is one of the leading companies in the Norwegian commercial market. Lilleborg has been a long-term partner with Diversey, a Solenis Company, driving value through deep, targeted expertise and customer insights with proven innovation and sustainable methods and products. The acquisition allows Diversey to expand into the Norwegian water treatment market with a direct channel, offering food and beverage customers an expanded portfolio of solutions.
Read More

A decade of more sustainable choices: Celebrating 10 years of UPM Raflatac’s Label Life service

Label Life by UPM Raflatac proudly marks 10 years of its life cycle assessment service. Over the past decade, Label Life has been a comprehensive life cycle assessment tool for label evaluation, enabling businesses to make informed, environmentally responsible decisions. Continuously evolving to cover an ever-widening portfolio of more sustainable products, Label Life now accounts for over 90% of UPM Raflatac’s commercial portfolio by sales volume, reflecting the company’s commitment to sustainability. Label Life provides essential environmental information on label materials, utilizing the standardized method of life cycle assessment (LCA) to calculate their environmental impact from cradle-to-grave. Customers benefit from individual footprints or “product passport prototypes” (PPPs) displaying 25 indicators, as well as focused comparisons of three key metrics—greenhouse gas emissions, energy demand, and water consumption—facilitating a transparent and guided decision-making process.
Read More

Hearst Magazines Launches Aura

Hearst Magazines, the world’s largest lifestyle publisher, announced the launch of AURA, a revolutionary, first-party ad targeting tool that utilizes proprietary AI-enabled technology and multi-dimensional contextual, behavioral and commerce signals to connect advertisers to their most valuable and engaged customers at scale. The announcement was made by Hearst Magazines President Debi Chirichella and Global Chief Revenue Officer Lisa Ryan Howard. AURA analyzes and activates Hearst’s broad and deep portfolio of first-party data and hundreds of millions of purchase actions from Hearst’s 145 million monthly visitors across its portfolio of more than 25 U.S. brands. The next-gen tool — which leverages a new, proprietary content taxonomy and sophisticated AI — provides a more comprehensive picture of a user than ever before and makes predictive and informed decisions about which ads to serve. The tool will expand globally across Hearst’s 50 brands and 300 million users in late 2024.
Read More

Two-Thirds Of My Advertising Is AI-Enabled (mediapost.com)

If you thought the punchline was going to be a Wanamaker paraphrase, "the trouble is I don't know which two-thirds," you might be right. But the point of this column is that AI-enabled media-buying now has a benchmark -- 69.5% -- according to GroupM, which devoted a chunk of its mid-year update to calculating that figure. It also updated its own internal estimate for when AI-enabled media buys will top 90%. "Two years ago, we said we would pass 90% by 2032. We are now going to hit more than 90% in 2029, three years earlier than we had previously predicted based off of just how quickly this space is growing and how quickly tools are being incorporated," GroupM Global President of Business Intelligence Kate Scott-Dawkins late last week said during a press briefing ahead of today's update release.
Read More

Public consultation: Lithuanian forest certification system

Stakeholders from around the world are invited to give feedback on the Lithuanian Forest Certification System. Deadline for comments is 10 August. Give your feedback. This is the first time the Center of Sustainable Forest Management (CSFM), the PEFC national member for Lithuania, has submitted its national system to PEFC for endorsement. After developing the national system in line with PEFC requirements, CSFM submitted the system to PEFC for endorsement. The national system is now undergoing the PEFC assessment process, carried out by an independent PEFC Registered Assessor. It must pass this process and be approved by the PEFC General Assembly before it can achieve endorsement.
Read More

Creating a Circular Cold Chain With Wild Idea Buffalo and Cruz Foam

On our journey to create a more circular supply chain, we’ve discovered many amazing brands that share our commitment to sustainable business practices. Wild Idea Buffalo is a company that is working to regenerate the North American prairie through restoring the buffalo population with the goal of improving the natural environment and food systems. When Wild Idea Buffalo had the opportunity to evaluate their shipping materials to ensure they upheld their company ethos all the way through their supply chain, they looked at a variety of factors in terms of performance, sustainability, and appearance. We are thrilled to have introduced the organization to Cruz Cool, a sustainable cold-chain cooler made of 70% upcycled material. Cruz Cool is a premium cold-chain shipping cooler that provides cushioning and over 48 hours of thermal protection to perishable goods as they make their way from business facilities to customer doors. It’s the perfect packaging solution for sustainably minded meal-kit companies or organizations that ship high-quality meats, seafood, produce, or ingredients.
Read More

Metsä Board scores 91/100 and Platinum level in EcoVadis rating

Metsä Board, the leading European producer of premium fresh fibre paperboards, has once again, achieved the highest Platinum level in EcoVadis’ sustainability assessment with a record score. The company has achieved the highest level rating every year since 2017. Metsä Board received high scores in each of the four themes assessed, and with a total score of 91/100 is among the highest 1% of companies assessed in the category of paper, paperboard and packaging manufacturers. The overall score improved from the previous assessment (87/100) thanks to a better score (90/100) in the labour and human rights evaluation. In the environmental evaluation, the company scored 100/100 for the third year in a row.
Read More

Smurfit Kappa invests over €30 million in Spain to further reduce CO2 emissions

Smurfit Kappa has demonstrated its commitment to delivering on its sustainability goals through the recent inauguration of two state-of-the-art investments in Spain. Over 12,000 solar panels were unveiled at the packaging leader’s Sangüesa paper mill which will work alongside its biomass and recovery boilers to generate more than 50% of its annual energy requirements, the equivalent to powering 3,600 homes. The photovoltaic system, which is the largest of its kind in the Navarra region, is set to reduce the mill’s annual CO2 emissions by over 3,000 tonnes and represents an investment of €6 million. Since 2005, the Sangüesa paper mill has reduced its CO2 emissions by more than 51%.
Read More

Target Report: Book Manufacturing Industry Is in Turmoil (piworld.com)

Change continues to rock the book manufacturing business. Contracts for book printing and bindery services have declined as publishers pull back on new orders and work off the excess inventory that built up in response to demand during the Covid years. Print-on-demand book technologies are placing further downward pressure on traditional book manufacturing. Although there is widespread confidence that the printed book will survive the digital onslaught better than many other forms of print, there are shifts and cracks in the book printing world. Consolidators are buying companies with long histories and respected pedigrees that have served and continue to sell to the trade and educational publishers. At the same time, others are closing down huge manufacturing facilities as overall volumes decline in certain segments. On-demand digital ordering, prepress, and printing technologies, driven primarily by the plethora of installed highly productive continuous form inkjet printing devices, has reduced the need for publishers to order long runs and keep large inventories.
Read More

AF&PA Supports NY Legislature’s Decision to Shelve and Improve EPR Proposal

This weekend, the New York State Legislature concluded its session without passing the Packaging Reduction and Recycling Infrastructure Act. While the American Forest & Paper Association (AF&PA) supports efforts to improve recycling, the legislation lacked provisions to ensure it would not negatively impact highly recycled materials like paper and paper-based packaging. We look forward to continuing discussions that ensure paper-based packaging recycling remains a viable and sustainable option for New Yorkers.
Read More

Solenis Acquires Aqua ChemPacs, Expanding Offering of Cleaning and Disinfection Solutions

Headquartered in Huntingdon Valley, Pennsylvania, Aqua ChemPacs is a leading manufacturer of pre-portioned, concentrated liquid chemical packs utilizing low-carbon-footprint packaging. Used in restaurants, retail stores, healthcare and educational facilities, arenas and event venues around the world, the company’s innovative ChemPacs dissolve easily in water so customers can produce a variety of high-quality cleaning and disinfection products on-site. ChemPacs provide precise portion control, require no messy mixing and help eliminate the risks associated with pouring chemicals from bottles. In addition, ChemPac products are concentrated and weigh less than traditional ready-made cleaners and disinfectants, so they are less expensive to ship, deliver and store.
Read More

Implementation of the EU Regulation on Deforestation-free Products at UPM Plywood

The verification that UPM Plywood’s products have not caused deforestation or forest degradation and that the commodities used in UPM Plywood’s products have been produced in accordance with the relevant legislation will be based on a due diligence process. UPM Plywood is a so-called downstream operator manufacturing its products from other products that have already undergone due diligence in accordance with EUDR. Therefore, UPM Plywood’s due diligence process consists of referring to due diligence statements submitted previously in the supply chain and verifying that its suppliers have adequate due diligence systems in place. Prior to placing its products on the market, UPM Plywood will submit a DDS to the EU Information System Traces. The EU information system will produce an associated reference number that UPM Plywood will share with its customers. The chart below describes the basics of EUDR implementation in UPM Plywood. The supplier of wood or other relevant commodities provides the first DDS with geolocation information to Traces and gets associated reference numbers (REF) from the system.
Read More

ExlfilmPlus® PCR: Groundbreaking Advancement in Shrink Film Sustainability!

Exlfilmplus PCR is a multilayered clear polyolefin film that incorporates post-consumer recycled content. Its versatility allows it to excel on all sealing systems and tunnels. Whether you’re packaging club store multi-packs or food products, Exlfilmplus PCR is the ideal choice for environmentally conscious customers seeking a circular and sustainable shrink packaging solution.
Read More

Aptar Digital Health Partners with SHL Medical

Aptar Digital Health, a global leader in digital health solutions (Software as a Medical Device (SaMD) and digital Patient Support Programs), connected devices and disease management, today announced a collaboration with SHL Medical, a world-leading solutions provider of advanced drug delivery systems such as autoinjectors, pen injectors and innovative specialty delivery systems. The collaboration will extend SHL Medical’s connected device technologies by integrating Aptar Digital Health’s SaMD platform to provide comprehensive solutions to help patients on injectable therapies manage their disease. As part of this collaboration, devices designed by SHL Medical, such as the Molly® Connected Cap – a smart retrofittable add-on for SHL Medical’s Molly® modular platform autoinjector – will benefit from Aptar Digital Health’s SaMD platform to enhance the patient experience by offering additional support during self-administration via a digital solution.
Read More

Adobe Announces General Availability of Adobe Experience Platform AI Assistant to Supercharge Enterprise Productivity

Adobe announced the general availability of Adobe Experience Platform (AEP) AI Assistant, previewed at Adobe Summit in March 2024. This new offering enhances the productivity of experience practitioners through generative AI, while democratizing access to enterprise applications by bringing more individuals into content production and insights workflows. AEP is the solution of choice for organizations to build a single view of customers and engage them on every channel, used by leading brands including The Coca-Cola Company, Major League Baseball, Marriott International, General Motors, TSB Bank, Real Madrid and others. With AEP AI Assistant, brands can now deliver value to their organizations through a conversational interface that provides a deeper understanding of data and an ability to streamline workflows. Embedded within Adobe Experience Cloud applications including Real-Time Customer Data Platform, Adobe Journey Optimizer and Customer Journey Analytics, AEP AI Assistant can answer technical questions, automate tasks, simulate outcomes, and generate new audiences and journeys. These capabilities are brought to life through generative experience models, which capture Adobe product knowledge and insights based on an organization’s unique data, campaigns, audiences and business goals—all in a brand-safe way and with a privacy-first mindset.
Read More

Tribune Publishing And Union Agree To Two-Year Contract (mediapost.com)

Union members at several Tribune Publishing newsrooms have ratified a two-year contract with owner Alden Global Capital after five years of negotiations , according to the NewsGuild. The agreement provides for wage increases of 3% per year for two years and maintenance of existing 401K matches for all participating employees. Some NewsGuild members took part in a 24-hour strike earlier this year.
Read More

PEFC webinar: on the path to EUDR alignment

Our webinar will focus on the advances we have made in aligning our sustainable forest management and chain of custody standards with EUDR requirements, as well as looking at the vital data and integrity elements. Our PEFC experts will give you a behind the scenes look at the progress of our working groups and task forces, working tirelessly to ensure we will have practical solutions in place to enable you to successfully implement EUDR. Once we’ve heard from our experts, we’ll open the webinar up to the audience for questions and answers. The PEFC Alliance has made strong progress on our EUDR rollout over the last few months, and we are looking forward to sharing the details with you, as we all move forward on this EUDR journey together.
Read More

Aptar Named One of America’s Climate Leaders 2024 by USA Today

AptarGroup, Inc., a global leader in drug delivery, consumer product dispensing and protection technologies was named one of America’s Climate Leaders 2024 by USA Today. “We are honored to be named to USA Today’s list of America’s Climate Leaders for the second consecutive year,” said Beth Holland, Aptar’s Chief Sustainability Officer. “We continue to raise the bar on sustainability by creating products that are fully recyclable, made from sustainable materials or in some cases reusable, and by running our company in a more sustainable matter both within our own operations and as expected from our value chain partners.”
Read More

Flexible packaging manufacturer ceases trading after sale unsuccessful

Nottinghamshire-based Surepak Limited is ceasing to trade despite appointed administrators at PKF Smith Cooper being hopeful of a sale following the interest of 96 parties. Surepak Limited’s financial concerns became apparent during the global energy crisis when its electricity costs increased by more than 425%. This increase, coupled with the loss of two significant contracts, decreased the company’s turnover by c.£1m, due to customers’ packaging requirements changing and the relocation of a customer abroad. The Nottinghamshire-based organisation sought a buyer after sole director Stuart Yorston filed for administration on 9th February 2024. This was to safeguard the company’s business, assets, and employees from a winding-up petition served by a creditor, which was due to be heard on 14th February.
Read More

Tork partners with Wells Fargo Center to deliver a superior arena experience

Wells Fargo Center and Tork®, an Essity brand, announced a formal partnership to enhance sustainability, efficiency and overall fan experience through innovative hygiene solutions. Following the recent $400 million renovation to Wells Fargo Center, the partnership between the arena and Tork, the world’s number one professional hygiene brand1, will leverage hygiene to further elevate on-site amenities.  As the home of the Philadelphia Flyers and 76ers and one of the country’s top venues for concerts and events, Wells Fargo Center requires comprehensive and precise operational coordination to accommodate the variety of events hosted onsite. As part of the partnership, Wells Fargo Center will install a variety of Tork dispensing systems to bolster hygiene management throughout the facility. In addition, the venue will be equipped with Tork Vision Cleaning. This GBAC STAR-accredited facility management software will provide real-time data to cleaning staff on when and where there are service needs across the arena’s over 180+ restrooms, helping to secure hygienic experiences during the 220+ events per year hosted at this location.
Read More

Green Bay Packaging acquires Missouri-based box maker

Wisconsin-based Green Bay Packaging Inc. (GBP) has announced its acquisition of SMC Packaging Group, Springfield, Missouri. GBP describes the acquired firm as a producer of custom corrugated boxes, displays, packaging materials and equipment. SMC Packaging Group, founded in 1972 by Ross Ausburn and Charles Bachus, operates from multiple locations in Missouri, Arkansas and Oklahoma, says GBP. “We are excited to unite two well established, family-run businesses,” says Will Kress, board chair and CEO of Green Bay Packaging, which this decade has invested to build a new recycled-content paperboard mill in Green Bay, Wisconsin. That mill consumes several recovered paper grades, including mixed paper and old corrugated containers (OCC).
Read More

Sappi Research Chair at Wits marks a milestone year of climate action

It’s been an eventful year since the Sappi Chair in Climate Change and Plantation Sustainability was launched at the University of the Witwatersrand (Wits). As we celebrate another World Environment Day on 05 June the Forestry team at Wits reflects on a year of significant progress, characterised by collaboration and dialogue. Under the guidance of Professor Mary Scholes - an internationally recognised authority on tree physiology and climate change- the team has pioneered research and capacity-building initiatives that equip the forestry industry to navigate the challenges of climate change. With the southern hemisphere’s winter heralding a forecast of scant rainfall, the insights provided by the Wits Research Chair to the forestry industry on El Nino impacts and the risk of increased wildfire prevalence in the 2024 fire season in South Africa’s plantation regions, is just one of the crucial areas where this research is proving to be invaluable.
Read More

Tronox Announces Second Significant Renewable Energy Project in South Africa

Tronox Holdings plc, the world’s leading integrated manufacturer of titanium dioxide pigment, announced that it has entered into a long-term power purchase agreement with NOA Group, an integrated energy utility, for ~497GWh of total contracted energy anticipated to be served by plants with capacity in excess of 200MW of renewable wind and solar power through fixed and flexible arrangements to Tronox’s mines and smelters in the Republic of South Africa. The Company anticipates the project should be fully implemented by the end of 2027 and is expected to reduce Tronox’s total Scope 1 & 2 greenhouse gas emissions by an incremental 12% globally. “NOA is extremely excited to partner with Tronox in delivering on their long term decarbonization strategy through an innovative product which blends both wind and solar generation to optimize renewable energy penetration,” remarked NOA’s Chief Executive Officer, Karel Cornelissen.
Read More

Stunning labels with recycled fibers

In 2023 we launched a new collection of wine, spirits and beverage label materials that embrace circularity by using recycled fibers in aesthetically attractive labels. The new collection, called Rêverie 3, demonstrates, via unique collaborations with five leading Spanish designers, that sustainability and impactful design can work together to deliver stunning results. The Rêverie 3 collection offers packaging designers a toolkit of visually appealing labels that are all made with materials from well-managed, FSC™ certified (FSC C012530) forests, recycled materials, and other controlled sources. With more and more brands now seeing the inclusion of FSC and PCR packaging as a necessity, we wanted to showcase the potential of today’s sustainable label materials. With this in mind, five of the company’s responsibly sourced label materials were given to five Spanish design agencies, with the brief to create a new collection. The label designs in the Rêverie 3 collection were created for high end wine, spirits, sparkling cider, craft beer and tomato juice drinks, with excellent execution of the artworks with different printing techniques managed by Gráficas Varias.
Read More

Change in UPM’s Group Executive Team

Mika Kekki has been appointed to act as interim Executive Vice President of UPM Communication Papers business area as of 1 August 2024. He assumes this role on top of his current duties and continues in his current role as Executive Vice President of UPM Plywood business area. Mika Kekki’s biographical details are available at the company’s website. The recruitment process for the Executive Vice President of UPM Communication Papers business area is ongoing. As communicated on 13 March 2024, Antti Jääskeläinen, the current interim Executive Vice President of UPM Communication Papers business area and Executive Vice President, UPM Raflatac business area, will leave UPM to take the role of President and CEO in the Finnish logistics and distribution company Posti Group Oyj. He will continue with his duties at UPM until the end of July 2024.
Read More

Postal Service Announces Industry Award Winners at the National Postal Forum

In recognition of outstanding achievements in mailing and shipping industry innovations and industry best practices, USPS awarded its 2024 Delivering for America Partnership for Excellence awards to several recipients on the final day of the National Postal Forum (NPF), the country’s premier mailing and shipping conference. The Delivering for America Partnership for Excellence awards are bestowed at NPF to recognize companies that have made significant contributions to the mailing and shipping industry with forward-thinking and innovative practices. The Postmaster General and USPS Executive Leadership Team personally select the winners, who have successfully worked with the organization to enhance the value of what we deliver every day — mail and packages. Awards were presented to customers in seven categories: the Regional Shipper of the Year Award, the Shipping Innovator of the Year Award, the Driver of the Year Award, the Carrier of the Year Award, the Mailer of the Year Award, the Mail Service Provider of the Year Award, and the Supplier of the Year Award.
Read More

Barnes & Noble Announces The Best Books of 2024 (So Far)

Barnes & Noble is thrilled to announce their selections for The Best Books of the Year (So Far). The list is a compilation of categories hand-selected by the B&N bookselling team, each featuring several titles that represent the crème de la crème of books published since January of 2024. From household names to debut authors, picture books to memoirs, the Best Books of 2024 (So Far) captures the brilliance of publishing in the first half of this memorable year. These 12 unique collections encompass a wide range of genres, highlighting books that will surprise and delight a broad readership, including: *Horror Rewind: 5 VHS Thrills and Chills; *They Write, We Score: 10 Sports Romances We Cheer For; *Micro to Macro: 7 Science and Nature Titles to Explore and more.; *The Cutting Edge: 8 Spredges We're Obsessed With.
Read More

‘Field & Stream’ Publishes Its First Print Magazine In Four Years (mediapost.com)

Field & Stream, the outdoor magazine that first appeared in 1871, has returned to print with an issue out on June 5, its first in four years. Field & Stream Journal features 160 pages of outdoor content, presented in an oversized 10x12-inch format. This is the first new issue since Field & Stream was acquired by country music stars Eric Church and Morgan Wallen and other brand builders earlier this year.
Read More

CANPACK S.A. Plans to Merge With Giorgi International Holdings S.A. R.L.

CANPACK Group announced that CANPACK S.A. plans to merge with Giorgi International Holdings S.A. R.L. in Luxemburg, which is currently a direct shareholder of CANPACK S.A. The merger is planned to be executed until the end of 2024 through absorption of Giorgi International Holdings S.A. R.L. by CANPACK S.A. The purpose of the merger is simplification of the internal corporate and shareholding structure – as a consequence of the merger, CANPACK Group Inc. with a seat in the United States of America, will become a direct shareholder of CANPACK S.A.
Read More

Greif Reports Fiscal Second Quarter 2024 Results

Fiscal Second Quarter 2024 Financial Highlights: *Net income decreased 60.1% to $44.4 million or $0.77 per diluted Class A share compared to net income of $111.2 million or $1.90 per diluted Class A share. Net income, excluding the impact of adjustments(1), decreased 53.9% to $47.9 million or $0.82 per diluted Class A share compared to net income, excluding the impact of adjustments, of $103.8 million or $1.77 per diluted Class A share. *Net cash provided by operating activities decreased by $123.3 million to $87.5 million. Adjusted free cash flow(3) decreased by $126.5 million to a source of $59.0 million. *Total debt of $2,916.1 million increased by $626.9 million, primarily to fund the acquisition of Ipackchem. Net debt(4) increased by $589.4 million to $2,720.1 million. Our leverage ratio(5) increased to 3.44x from 2.53x sequentially, and increased from 2.25x in the prior year quarter.
Read More

Transcontinental Inc. Announces Results For The Second Quarter Of Fiscal 2024

Highlights *Revenues of $683.2 million for the quarter ended April 28, 2024; operating earnings of $33.2 million; and net earnings attributable to shareholders of the Corporation of $15.9 million ($0.18 per share). *Continued to roll-out raddar™. *Closed the Tomah, Wisconsin, plant on February 2, 2024 and the Saint-Hyacinthe, Québec, plant on April 20, 2024 with a transfer of operations to other plants in the network, and ended the Publisac distribution activities in Québec.
Read More

EFI Highlights Its DNA in Single-Pass Production Inkjet Printing for Packaging, Display Graphics, and Textiles at drupa 2024

Electronics For Imaging, Inc. reported that at drupa 2024, running through 7 June at Messe Düsseldorf, it is highlighting its expertise in proven single-pass printing solutions for printing excellence in the packaging, display graphics, and textile markets. Visitors to EFI’s stand will see some of the companies latest single-pass innovations live, including the breakthrough Packsize® EFI™ X5® Nozomi, the world's first full-colour, on-demand, right-sized box system that prints, cuts, creases, glues, and erects customised boxes at the rate of up to one box every 6 seconds, and the EFI Nozomi 14000 SD singlepass printer for sign and display. The company is also showcasing a vast array of applications produced on the brand-new Nozomi 14000 AQ true water-based, singlepass printer for corrugated packaging and displays and the Nozomi 12000 MP single-pass technology for direct-to-metal package printing, as well as the nextgeneration EFI Reggiani BOLT XS single-pass textile printer.
Read More

Flint Group’s 2030 carbon reduction targets approved by SBTi

Flint Group is pleased to announce that its 2030 carbon reduction targets have been approved by the Science Based Targets initiative (SBTi). The business is working towards a 46.2% reduction in scope 1, 2 and 3 emissions by 2030 versus their 2019 baseline. The Science Based Targets initiative (SBTi) is a collaboration between CDP (formerly the Carbon Disclosure Project), the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The SBTi defines and promotes best practice in science-based target setting and independently assesses companies’ targets. Matthew Rowland-Jones, Sustainability Officer at Flint Group, said: “We are delighted that our 2030 carbon reduction targets have been approved by the SBTi. This validation represents significant work across the business to develop a detailed plan to reduce emissions and combat climate change. Carbon reduction forms part of ‘PRISM’, our vision and strategy for long-term sustainability. PRISM splits the broader topic of sustainability into the three core areas where we can make the biggest impact, ‘Product, Planet and People’.
Read More

The Case for Rolling Back Postage Prices for Catalogs and Direct Mail (piworld.com)

The postal price increases for marketing mail are driving down volume and, more importantly for the USPS, driving down profits. The postal price increases need to be rolled back. Basic economic principles apply to the pricing decisions for catalogs and direct mail: Catalogs (and direct mail) are very sensitive to the cost of mailing. Catalogers decide how much to mail based on their breakeven cost. Catalogers track their breakeven costs very closely and make circulation decisions based on their costs. Catalogers have been decreasing their mail volumes because of postage cost increases. Mailing volume correlates directly with costs for catalogs and direct mail.
Read More

Kimberly-Clark Reports Progress Toward 2030 Sustainability Goals

Kimberly-Clark published its annual sustainability report, including an update on the company's progress toward its 2030 sustainability goals and a new ambition to be 100% Natural Forest Free across its portfolio beyond 2030. Over the past decade, the company has made significant investments in developing more sustainable products as part of the company's innovation strategy and focus on delivering products with enhanced consumer benefits while striving to lower its environmental footprint. "Sustainability is woven into the fabric of our 152-year-old company's innovation strategy and purpose, serving as a guiding principle across every facet of our operations," said Mike Hsu, Chairman and CEO at Kimberly-Clark. "I am proud of our team's commitment to our purpose of Better Care for a Better World, focusing on where we believe we can make the biggest impact."
Read More

Sustana Appoints Nathan Jeppson as CEO to Lead Next Stage of Growth

Sustana, an innovator of clean materials and the industry-leading producer of sustainable, recycled fiber-based products and services, today announced the appointment of Nathan Jeppson as Chief Executive Officer, succeeding Fabian de Armas. Mr. Jeppson brings more than 20 years of leadership experience driving growth and innovation at premier manufacturing, industrials, and materials businesses, including global roles at Shell Chemical LP and Dow (NYSE: DOW). “Sustana is leading the way in producing sustainable, high-quality, fiber-based materials while minimizing waste, preserving natural resources, and protecting biodiversity. I am deeply energized by the growth opportunity ahead as businesses increasingly embrace sustainability and responsible supply chain management,” said Mr. Jeppson. “The company has experienced meaningful growth under Fabian’s leadership, and I am excited to work alongside the team at Sustana to drive the company’s next stage of growth.”
Read More

The Board of the Paper Workers’ Union has confirmed collective labour agreements for all five UPM businesses

The Board of the Paper Workers’ Union has confirmed the negotiated results of the collective labour agreements for the Finnish mills and biorefinery of UPM Pulp, UPM Communication Papers, UPM Specialty Papers, UPM Raflatac and UPM Biofuels. An agreement was reached earlier today in the last open negotiations at UPM Specialty Papers. The new collective labour agreements will have a two-year contract period and will enter into force immediately. The agreed wage increases in the collective agreements will take effect from 1 July 2024. "We are pleased that, after long and thorough negotiations, we have reached five agreements where we have jointly developed the content of the agreements to meet the needs of each business," says Riitta Savonlahti, Executive Vice President, HR at UPM.
Read More

‘ARLnow’ Cancels AI-Written Morning Newsletter (mediapost.com)

News site ARLnow is discontinuing a daily newsletter that was created with generative AI. The closure will occur this week as ARLnow launches a new email format for its Afternoon Update. But it could return as it irons out the wrinkles. ARLnow’s morning newsletter was produced with an automated process that provided AI summaries of the previous day’s articles. The morning summaries were generated via ChatGPT APIs “in a writing style somewhat similar to that of Morning Brew,” ARLnow writes.
Read More

Savvas Learning Company CEO Bethlam Forsa Named Most Influential Thought Leader in EdTech

Savvas Learning Company, a next-generation K-12 learning solutions leader, is proud to announce that CEO Bethlam Forsa has been named the “Most Influential Thought Leader in EdTech” by the 2024 SIIA CODiE Education Technology Awards. The CODiE Leadership Award for “Most Influential Thought Leader in EdTech” honors an individual who empowers and inspires the industry through the communication of their insight, expertise, and critical thinking. “I am truly honored to receive this prestigious CODiE Award and want to thank the SIIA for recognizing the importance of edtech innovation in supporting educators and engaging students,” said Forsa. “At Savvas, we are committed to developing the highest-quality instructional solutions that are powered by cutting-edge technology in order to personalize teaching and learning and help all students succeed.”
Read More

Croatian Forest Certification System submitted for assessment

The Croatian Forest Certification Scheme has been submitted to PEFC for assessment. The public consultation, which is your chance to give your feedback on this new system, will run from 17 June to 16 August 2024. This is the first time that CUPFOA, the Croatian Union of Private Forest Owners Associations, the PEFC national member for Croatia, has submitted its national system to PEFC for endorsement. To provide you with additional information about this new national system, we are holding a webinar on 17 June at 10:00 CEST.
Read More

Stora Enso and Altris collaborate to develop and commercialise world’s most sustainable battery

Stora Enso has partnered with Altris, a Swedish developer of sodium-ion batteries. The two companies aim to further advance the development and commercialisation of a sustainable battery value chain in Europe. Together, the two companies will drive the adaptation of Stora Enso’s hard carbon solution Lignode® as an anode material in Altris’ sodium-ion battery cells. Lignode® by Stora Enso is a sustainable hard carbon derived from lignin, a product from the manufacturing of pulp, to be used as an anode material in both lithium-ion and sodium-ion batteries. It serves as a more sustainable alternative to current incumbent anode solutions. In addition to its sustainability benefits, lignin makes up 20-30% of a tree, which makes it abundantly available already today. Lignin being a by-product from pulp manufacturing ensures a stable and consistent raw material supply for anode material manufacturing. Lignode is developed in Stora Enso’s pilot plant in Kotka, Finland. Stora Enso is currently upgrading the plant from a technical point of view.
Read More

Tetra Pak reveals 20% greenhouse gas emissions reduction across value chain since 2019

Tetra Pak launches its 25th Sustainability Report, which tracks the progress the company has made against its sustainability agenda. It focuses on five interdependent areas: food systems, circularity, climate, nature and social sustainability. Launching on the United Nations’ World Environment Day on 5 June, the company’s Sustainability Report FY233 shows a 20% reduction in value chain4 GHG emissions and a 47% reduction in GHG emissions across its own operations since 2019. The latter puts Tetra Pak on track to meet its target of net zero GHG emissions in its own operations by 20305 and supports the company’s long-term ambition to work together with suppliers, customers and other stakeholders and achieve net-zero GHG emissions across the value chain by 2050.6 Another major milestone saw the launch of an aseptic beverage carton featuring a paper-based barrier, reducing its carbon footprint by a third (33%)7 and bringing the company a step closer to developing the world’s most sustainable food package.8 This world-first was a result of a €100 million investment in packaging research and development in 2023, with the same investment planned annually for the next five to ten years.
Read More

Trioworld GmbH receives ERDE Climate Protection Certificate

Since 2014, Trioworld in Germany has been working with the initiative ERDE, Erntekunststoffe Recycling Deutschland, a German collecting system for crop plastics in Europe. Trioworld now receives the ERDE Climate Protection Certificate for the collection and recycling of agricultural plastic in 2023. With a total of 645 collection points and 3147 mobile collections, ERDE is a well-established recovery concept that recently renewed its voluntary commitment to collect and recycle more than 75 % of all silage and stretch film placed on the German market by 2027. Trioworld has been certified with ERDE’s Climate Protection Certificate for the collection and recycling of silage film, stretch film, bale nets, baler twine, perforated film, mulch film, greenhouse film, asparagus film and nonwovens in 2023. The certificate quantifies the respective CO2 savings achieved during the year based on the collected and recycled quantity of all collection fractions and, for illustrative purposes, is converted to the number of trees that bind the corresponding quantities of CO2 per year.
Read More

Ahlstrom completes its investment in Brazil for a new lamination line supporting the global filtration industry

Ahlstrom, in its ongoing dedication to addressing the global need for clean air and water, has successfully completed a EUR 2 million investment for a new laminator at its Louveira plant in Brazil. This investment not only reinforces Ahlstrom's 50-year commitment to the global filtration industry but also marks a significant expansion of its product offerings in the South American market for industrial air, industrial liquid, and fuel filtration, including products currently produced in European and North American markets. “The new laminator increases our manufacturing capabilities and brings needed flexibility to supply our local customers with the best-in-class filtration solutions,” says Andre Pereira, Head of Sales, Filtration, Latin America. “Efficient supply chain management prevents interruptions to the supply stream, and shorter transport distances reduce carbon emissions and lower environmental impact,” he continues.
Read More

Carpenter Buys ‘The Portland Tribune’ And Other Oregon Publications (mediapost.com)

Carpenter Media Group, a publisher based in Mississippi, is continuing its acquisition kick, buying Pamplin Communications, owner of The Portland Tribune and 23 other publications in Oregon, according to Willamette Week. Robert Pamplin Jr. founded the company and the Portland Tribune. Pamplin cited age and health as his reasons for selling. Carpenter recently acquired Black Press Media, publisher of multiple newspapers in the Pacific Northwest. In May, it purchased 10 Southern newspapers and a Georgia printing facility from Community Newspaper Holdings Inc. (CNHI). The company reportedly owned 160 publications.
Read More

Apply for the working group revising FSC’s complaints and appeals procedures

The Forest Stewardship Council (FSC) is seeking candidates for a working group to revise its complaints and appeals procedures. The call for applicants is open until 12 July 2024. The working group will comprise of four (4) members who will be selected based on the following criteria: Experience in: *Developing operational non-judicial grievance and remediation mechanisms. *Managing complicated dispute cases. *Implementing alternative dispute resolution mechanisms. *Managing human rights and socio-environmental sustainability due diligence processes *Using the FSC complaints system or other relevant complaints systems as a party to a complaint. Knowledge in: *FSC’s normative framework, in particular its certification standards, Policy for Association, Remedy Framework, as well as the complaints mechanisms of the various actors in FSC’s certification system. *Measures to ensure equal access to complaints mechanisms according to the needs and challenges faced by users, in particular local forest communities and Indigenous Peoples. *The United Nations Guiding Principles on Business and Human Rights. *Best practices on grievance and remediation mechanisms, including the establishment and use of ombuds services.
Read More

Guyana achieves PEFC endorsement

Guyana has become the latest country to achieve PEFC endorsement of its national forest certification system, enabling forest owners in the country to obtain PEFC certification. It is the 49th country that is covered by a PEFC-endorsed system, and the 5th in South America. Since the early 2000s, the Government of Guyana has maintained a national wood tracking system, enabling the traceability of timber and timber products from market to forest source. This system has now evolved into a national forest certification system, endorsed by PEFC International.
Read More

ePac Flexible Packaging Sets Strategy For Continued Double-Digit Growth

ePac Flexible Packaging, founded in 2016 as the world’s first all-digital flexible packaging company, just turned 8 years old in May of this year. So it’s fair to ask: How is ePac doing with its disruptive business model? From 2016 through 2022 ePac consistently grew 50 -100% per year. In 2023 ePac’s growth slowed, but units produced still increased 30% over 2022 as new customer acquisition remained strong. Today, ePac is an international company with ~$200M in sales. In 2023, and still in 2024, the flexible packaging industry came under significant financial pressure caused by a myriad of factors including inflation, higher interest rates, supply chain issues, emergence from COVID 19, and the availability of capital. The industry, in general, saw top line sales decline and underlying costs increase. ePac responded with a reassessment of its strategy, and took several key steps to mitigate what was/is happening industry-wide. Since its beginning ePac has been focused on using technology to drive productivity and customer experience. ePac’s Software and Services group developed unique solutions for the company’s ERP and CRM systems, on-line quoting, automated job routing, data-mining, pre-press automation, and advanced digital printing. It’s these advancements in technology that have positioned ePac to further simplify its operations and prepare for its next wave of growth.
Read More

Smurfit Kappa acquires Bag-in-Box plant in Bulgaria

Smurfit Kappa, one of the world's leading providers of sustainable packaging solutions, has announced it has signed an agreement to acquire Artemis Ltd., a Bag-in-Box packaging plant located in Shumen, Bulgaria. Artemis focuses on food and beverage packaging and makes the bags for Bag-in-Box products as well as films and caps for wine. Artemis will join Smurfit Kappa’s network of Bag-in-Box operations in Europe. The acquisition will allow Smurfit Kappa to expand its presence and customer base in Eastern Europe, as well as to enhance its product portfolio and innovation capabilities in the bag-in-box sector. Massimiliano Bianchi, CEO of Smurfit Kappa Bag-in-Box, said: "We made this acquisition strategically to boost our growth in the European market and expand our reach in its eastern region. By continuing to develop and invest in this plant, we can offer our customers more benefits, such as outstanding product quality, high-quality service and the wide-ranging and global expertise of Smurfit Kappa."
Read More

RRD to Expand Capacity With Installation of More than 15 HP Indigo and PageWide Presses (piworld.com)

HP and RR Donnelley & Sons Company (RRD) announced a strategic collaboration to expand its production capacity with the commitment to install in excess of fifteen new HP Indigo and PageWide Presses. These presses will join RRD’s existing fleet across facilities in North America, China, and Central America. HP and RRD have been working together for the past thirty years, and this new expansion of RRD’s existing fleet will drive efficiency and time-savings throughout the entire production cycle. This expansion will enhance productivity and flexibility to support their clients’ diverse needs in the Packaging, Commercial, Direct Mail, and Statement businesses. John Pecaric Chief Operating Officer at RRD: “We are committed to delivering the highest quality brand experiences for our clients’ customers through multiple touchpoints in the physical and digital customer journey. We have a strategic relationship with HP that provides us with early access to innovative technology that continues to make print a valuable medium.”
Read More

Marlboro Mill: A Brief Look at 34 Years of Excellence

In many ways, the Marlboro Mill is one of a kind. Opened in 1990 in Bennettsville, South Carolina, the mill is the last greenfield mill built in the United States. It’s also the last fully integrated paper mill built in North America. And it takes a unique approach to employee training and safety. “Other mills might have the technology we do, or they might even have advancements we don’t have, but they can’t beat us on people,” says Allan Bohn, general manager of the Marlboro Mill since 2022. “It’s what really sets us apart.” Bohn speaks from experience. He’s worked in the industry for decades, including as general manager at our Plymouth and Ashdown mills. But the move to Marlboro has been a highlight of his career with Domtar, which began in 2005.
Read More

What is the Environmental Impact of the Paper Industry?

Paper products and packaging are part of our daily lives. From tissues and paper towels to the absorbent pulp in diapers to cardboard boxes to boxes that package medicine and food. Paper production requires resources like wood, recycled paper, water and energy. Here in the U.S., the paper industry is working hard to find ways to make production and our products more sustainable. We answered some common questions about the U.S. paper industry and its environmental impact. Dive in to explore how our industry is committed to sustainable manufacturing practices. Does the U.S. Paper Industry Contribute to Deforestation? How Does the U.S. Paper Industry Source its Wood Responsibly? How Much Water is Used, and What Happens to it After Papermaking?
Read More

WestRock’s First Virtual Power Purchase Agreement Project Reaches Commercialization

WestRock is making progress toward its science-based greenhouse gas targets by supporting the first of two Texas-based solar projects. WestRock set the stage by entering into virtual power purchase agreements (VPPAs) with ENGIE North America, a subsidiary of ENGIE S.A. and global leader in the net zero energy transition. Bernard Creek Solar, LLC, the first of two solar projects that are part of the VPPAs between WestRock and ENGIE, is now live and operating in Wharton County southwest of Houston. Under the VPPA, WestRock contracted 207 MW from the project. The 230 MW Bernard Creek solar project is on track to produce approximately 500,000 MWh annually, generating over $45 million in revenue for the county and creating more than 250 jobs during construction. The WestRock VPPA for the Bernard Creek project, combined with a similar project located in Bell County, will add a total of 282 megawatts (MW) of renewable energy to the Texas energy grid. "We are pleased to play a role in the production of clean energy from large-scale solar projects and to join forces with ENGIE and Schneider Electric to reduce greenhouse gas emissions by adding more renewable energy to the grid,” said David B. Sewell, president and chief executive officer at WestRock.
Read More

‘J-14’ To Reappear In Print In August (mediapost.com)

J-14, a pop culture magazine for teens, will return to print in August after a lapse that began in January. The issue will feature celebrity interviews and posters, fashion and pop culture feature stories, according to ReMIND. It will also include a dose of nostalgia. “J-14 posters are SOOOO back!” J-14 writes. “After a brief hiatus, we’re thrilled to announce the return of J-14 Magazine’s print issue, coming back to racks this August 2024!”
Read More

Public consultation: Turkish forest certification system

Stakeholders from around the world are invited to give feedback on the Turkish Forest Certification System. Deadline for comments is 2 August. Give your feedback. This is the first time the Association for Sustainable Forest Management, Forest Product and Services Certification (SOYDER), the PEFC national member for Turkey, has submitted its national system to PEFC for endorsement. After developing the national system in line with PEFC requirements, SOYDER submitted the system to PEFC for endorsement. The national system is now undergoing the PEFC assessment process, carried out by an independent PEFC Registered Assessor. It must pass this process and be approved by the PEFC General Assembly before it can achieve endorsement.
Read More

Outcome reached in the collective labour agreement negotiations at UPM Raflatac

UPM Raflatac and the Paper Workers' Union have reached an outcome in the collective labour agreement negotiations concerning UPM Raflatac’s Tampere factory in Finland. "The negotiations were conducted in a very good spirit and constructively from start to finish. I would like to thank the Paper Workers’ Union for its solution-oriented approach and for the good negotiations. The solution will enable the long-term development of the Tampere factory," says Antti Waajakoski, General Manager of UPM Raflatac’s Tampere factory. The new collective agreement will have a two-year contract period and it will enter into force upon approval by the Paper Workers’ Union’s Board. The union has announced that the Board will discuss the negotiation outcome at its meeting on 5 June 2024. Negotiations on the collective labour agreement for UPM Specialty Papers will continue.
Read More

Turning the Page on Plastic: How Biodegradable Pulp Products are Making a Difference

As society rallies to combat climate change, companies and organizations spanning all sectors have spurred into action, reevaluating and revitalizing their sustainability strategies to curb their carbon footprint. Among the widespread green initiatives sweeping across industries, a notable trend involves substituting plastic materials with an eco-friendly alternative sourced from trees to form biodegradable pulp products. Pulp is raw material derived from the natural fibers of trees and plants and recycled materials like paper, cardboard, and newspapers. From a sustainability standpoint, the allure of biodegradable pulp is undeniable, as it is recyclable and compostable. Because of its superiority in reducing environmental impact, new doors to sustainability have been opened in comparison to plastic or Styrofoam, which takes hundreds of years to decompose. Biodegradable pulp products also have many other advantages that differentiate them from other eco-friendly alternatives, such as reducing energy consumption and shipping costs. They can accomplish this by producing robust, lightweight products that can withstand the same amount of pressure with a lighter material.
Read More

Starkrafts PM6 Successfully Commences Operation

Starkraft, a business unit of Heinzel Pöls, part of the HEINZEL GROUP, proudly announces the successful launch of its PM6 at the Steyrermühl paper mill in Austria, marking a significant milestone in its journey towards enhanced productivity and global expansion. With this strategic investment, Starkraft elevates its production capacity to a total of 350,000 tons of kraft paper per year. From versatile white to natural packaging and specialty papers, Starkraft offers a comprehensive selection tailored to meet customer needs and industry demands. This substantial increase empowers the company to foster growth opportunities with both its longstanding clients and new partners on a global scale. As Starkraft continues to innovate and excel in the paper manufacturing sector, it reaffirms its dedication to delivering exceptional quality and service to customers across the globe.
Read More

Norske Skog plans to enter the pulp market

Norske Skog will initiate a main study aiming to enter the bleached chemi-thermomechanical pulp (BCTMP) market by starting production at Norske Skog Saugbrugs in Halden. The rockslide at Saugbrugs in April 2023 causing heavy damages on the PM6 machine, released available termo-mechinalcal pulp capacity that can be utilised to produce BCTMP (bleached chemi-thermomechanical pulp) at Norske Skog Saugbrugs. Part of the investment will be covered by the portion of the insurance settlement that has not yet been paid out by the insurance company, amounting to NOK 615 million, for the development of new activities at the plant. The new BCTMP line will produce approximately 300,000 tons of competitive pulp to meet the growing demand, especially for products in the packaging market. Saugbrugs has adequate access to green energy, and thus continue to deliver products with very low carbon footprint. Norske Skog Saugbrugs will continue to be a reliable supplier of SC-publication paper also after the start of BCTMP production.
Read More

Costco Wholesale Corporation Reports Third Quarter and Year-to-Date Operating Results for Fiscal 2024

Net sales for the quarter increased 9.1 percent, to $57.39 billion, from $52.60 billion last year. Net sales for the first 36 weeks increased 7.0 percent, to $171.44 billion, from $160.28 billion last year. Net sales were positively impacted by approximately 0.5 to 1.0 percent for the quarter from the shift of the fiscal calendar, as a result of the fifty-third week last year. Net income for the quarter was $1.68 billion, $3.78 per diluted share. Last year’s third quarter net income was $1.30 billion, $2.93 per diluted share, which included a non-recurring charge to merchandise costs of $298 million pretax, $0.50 per diluted share, primarily for the discontinuation of our charter shipping activities. Net income for the first 36 weeks was $5.01 billion, $11.27 per diluted share, compared to $4.13 billion, $9.30 per diluted share, last year.
Read More

Gap Inc. Reports First Quarter Fiscal 2024 Results

First Quarter Fiscal 2024 - Financial Results *Net sales of $3.4 billion were up 3% compared to last year. Comparable sales were up 3% year-over-year. Due to the 53rd week in fiscal 2023, in order to maintain consistency, comparable sales for the first quarter of fiscal 2024 are compared to the 13 weeks ended May 6, 2023. *Gross margin of 41.2% increased 410 basis points versus last year's reported gross margin and increased 400 basis points versus last year's adjusted gross margin, which excludes $4 million in restructuring costs. *Operating income was $205 million; operating margin of 6.1%.
Read More

Ulta Beauty Announces First Quarter Fiscal 2024 Results

First Quarter of Fiscal 2024 Compared to First Quarter of Fiscal 2023 *Net sales increased 3.5% to $2.7 billion compared to $2.6 billion, primarily due to increased comparable sales, new store contribution, and growth in other revenue. *Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 1.6% compared to the first quarter of fiscal 2023, driven by a 1.3% increase in transactions and a 0.3% increase in average ticket. *Gross profit increased 1.4% to $1.07 billion compared to $1.05 billion. As a percentage of net sales, gross profit decreased to 39.2% compared to 40.0%, primarily due to lower merchandise margins and higher inventory shrink, partially offset by growth in other revenue. *Operating income was $400.9 million, or 14.7% of net sales, compared to $442.1 million, or 16.8% of net sales.
Read More

Nordstrom Reports First Quarter 2024 Earnings

For the first quarter ended May 4, 2024, net sales increased 5.1 percent versus the same period in fiscal 2023, and total Company comparable sales increased 3.8 percent. Gross merchandise value ("GMV") increased 4.9 percent. First quarter net sales include a 75 basis point negative impact from the wind-down of Canadian operations. During the quarter, Nordstrom banner net sales increased 0.6 percent and comparable sales increased 1.8 percent. Net sales for Nordstrom Rack increased 13.8 percent and comparable sales increased 7.9 percent.
Read More

Negotiated outcome reached in the collective labour agreement negotiations at UPM Biofuels

UPM Biofuels and the Paper Workers' Union have reached a negotiation outcome in the collective labour agreement negotiations concerning UPM Biofuels' Lappeenranta biorefinery. "The negotiations were conducted in a very good spirit, and we were able to focus on the essential issues right from the beginning. The content of the negotiation outcome creates a good basis for flexible operation and development of the refinery," says Petri Rekonen, Director of UPM Biofuels' Lappeenranta biorefinery. The new collective labour agreement will have a two-year contract period and it will enter into force upon approval by the Paper Workers’ Union’s Board. The union has announced that the Board will discuss the negotiation outcome at its meeting on 5 June 2024. Negotiations on the collective labour agreements for UPM Specialty Papers and UPM Raflatac will continue.
Read More

Gannett and Concacaf Announce Media Content Partnership

Gannett Co., Inc. and the USA TODAY Network announced they are official media content partners of The Confederation of North, Central America and Caribbean Association Football (Concacaf), the heartbeat of soccer across North, Central America, and the Caribbean. As one of FIFA’s six continental confederations, Concacaf unites 41 Member Associations spanning from Canada, Guyana, Suriname, and French Guiana. The partnership enhances awareness around the Concacaf’s 2024 Champions Cup, which launched in 2024 as a rebranded and revamped elite men’s club competition. Showcasing the top 27 men’s clubs from North America, Central America, and the Caribbean, this event offers an exciting platform for competitors in the prestigious Concacaf Club Champion title and an automatic qualifying ticket to represent Concacaf at the FIFA Club World Cup, scheduled to take place in the United States in the Summer of 2025.
Read More

Amazon gets federal approval to expand drone deliveries (chainstoreage.com)

The Federal Aviation Administration (FAA) is giving Prime Air additional permissions that allow it to operate drones for more deliveries in a wider area. FAA regulations require that all commercial drone operators are able to maintain a line of sight to their drones until it approves a technology that can safely enable drones to fly beyond visual line of sight (BVLOS), a term used in aviation to describe flying a drone where the remote pilot can't see it directly with their own eyes. Instead, a remote pilot relies on instruments or technology to monitor and control the drone at all times. FAA approval for Amazon to operate drones BVLOS will allow Prime Air to further expand drone deliveries and lays the foundation for the e-tailer to scale drone delivery operations to more locations in the U.S.
Read More

The USPS Must Roll Back its Recent Postage Increases (mytotalretail.com)

The postal price increases in the near term have proven to be a failure. The USPS modeling predicted that revenue would increase and demand wouldn't fall. However, the data tells a different story. In 2023, revenue of “marketing mail” decreased by $920 million and volume decreased by 7.7 billion pieces. The USPS produced and relied on an economic model that proved to be wrong. Mail volume fell for “marketing mail” and the result was a loss in top-line revenue and a bottom-line loss of $1.6 billion. These losses prove that the postage increases were counterproductive and need to be rolled back. The USPS is a classic fixed cost business where incremental volume is highly profitable because the increased volume has little incremental cost. The postage increases for marketing mail clearly resulted in the huge volume declines between 2022 and 2023. The losses from volume declines were not made up by the postage increases.
Read More

PRC Approves Proposed USPS July Rates – Strongly Urges USPS Governors Not to Use All Rate Authority

The Postal Regulatory Commission approved the rates proposed by United States Postal Service for July but also strongly urged the United States Postal Service Governors not to use all the rate authority, citing the comments we and others filed. Although the price adjustments proposed in this proceeding are consistent with applicable law and the Commission has no legal basis to reject the proposed changes, the Commission is concerned, given the current state of affairs, that the Postal Service’s proposal does not reflect reasoned consideration of the potential widespread effects of its proposal, is not prudent, and is not consistent with the best interests of all stakeholders. Specifically, the Commission remains concerned about the substantial declines in Market Dominant volumes, overall service performance for Market Dominant products, and the Postal Service’s overall financial situation, issues that have all remained significant, if not worsened, since the current Market Dominant ratemaking system went into effect.
Read More

Aptar Releases 2023 Corporate Sustainability / ESG Report

AptarGroup, Inc. released its 2023 Corporate Sustainability / Environment, Social and Governance (ESG) Report entitled Progress Takes Shape. Aptar’s report highlights key milestones of its global sustainability strategy across the company’s global operations focused on three key pillars: *Care – operating with care for employees, communities and the environment by continuously improving our impact and reducing our footprint; *Collaboration – innovating alongside customers, suppliers, industry coalitions and nonprofits to enable progress toward their goals – as well as for better outcomes for people and our planet; and *Circularity – helping the industry advance system-scale change that will benefit people today and for generations to come by addressing climate change and the waste crisis. “Our keen focus on ESG, both in the way we run our business and in the solutions we provide, affords us a strong competitive advantage. Our solid ESG credentials and reputation serve as powerful assets. We are a company that stakeholders want to engage with, and our employees are proud to work for,” said Stephan B. Tanda, Aptar President and CEO.
Read More

Huhtamaki to consolidate its production footprint in United Arab Emirates

Huhtamaki has decided to consolidate its three Flexible Packaging manufacturing sites in the United Arab Emirates, keeping one factory in Jebel Ali and expanding the one in Ras Al Khaimah. The transition will gradually take place during the second half of 2024. The aim of the consolidation is to optimize the manufacturing footprint, improve the competitiveness and strengthen the foundation for future growth in the region. The announced change is part of Huhtamaki’s program to accelerate strategy implementation published in November 2023 and expected to materially support the profitability of Huhtamaki with efficiency improvements leading to savings of approximately EUR 100 million over the next three years.  Planned consolidation does not represent a material share of the sales or profits of Huhtamaki. During the second quarter of 2024, Huhtamaki will book consolidation-related costs in total of approximately EUR 4 million. The costs will be booked as items affecting comparability. 
Read More

Marimekko and Stora Enso collaborate to create new, dynamic and renewable gift packaging

Legendary Finnish design house Marimekko turned to Stora Enso for co-creating a new, scalable and recyclable packaging portfolio for a range of their products. The innovative and stylish boxes made of renewable certified materials such as fibre-based corrugated board feature Unikko, Marimekko’s most iconic print. Thanks to a worked-through design process, in-house knowledge and production, Stora Enso can provide a fast route from idea to production for clients. Stora Enso and Marimekko teamed up with the goal of updating Marimekko’s gift packaging with a Nordic design solution and enhanced user experience eliminating unnecessary paper, ribbons or stickers while also protecting fragile products such as plates, vases, trays, and mugs. Expressing Marimekko’s brand identity with a premium feeling for customers was key.
Read More

Mastering recycled content in flexible plastic packaging

Adding recycled content in your flexible plastic packaging can reduce your climate impact and support a more circular use of packaging materials. By using recycled plastic materials, we make use of plastic waste and use a raw material with a lower carbon footprint. How to do it and what to think about in terms of regulations, quality and implementation? Register to learn more in our upcoming webinar. In this webinar we share best-practice from a customer - Wienerberger, the world’s largest producer of bricks for the building industry, implementing the Trioworld Loop30 stretch hood in their operations. You will also get an overview of the regulatory landscape, as well as the journey of recycled plastic through the value chain – from waste to high-quality plastic material. register at: https://triowor.webinargeek.com/recycled-content-in-flexible-plastic-film
Read More

Kimberly-Clark To Exit Nigeria

Kimberly-Clark announces it has made the difficult decision to exit its business in Nigeria after almost 15 years, due to recently refocused company strategic priorities globally as well as economic developments in the country. Kimberly-Clark will close its manufacturing facility and commercial office in Lagos and will no longer manufacture, market, or sell its Huggies and Kotex products in the country. Consistent with Kimberly-Clark’s value of care, the company’s top priority will be to fulfil its obligations and ensure that employees and partners are treated with fairness and respect.
Read More

Local Coca-Cola Bottler unveils new technology with plans to replace 200,000 pounds of plastic a year.

Liberty Coca-Cola Beverages, a local Coca-Cola bottler serving Philadelphia, New Jersey and New York City, and WestRock, has successfully completed the installation of new equipment and technology to begin packaging multipack bottled beverages in recyclable paperboard carriers. The new packaging, which will replace an estimated 200,000 pounds of plastic rings each year, is now starting to appear on store shelves. WestRock designed the substrate, technology and packaging machine used to implement PETCollarTM Shield Plus into beverage packaging lines, which the local bottler installed at its Philadelphia production facility earlier this year. The durable, easy-to-hold paper-based carriers are being used to package Coca-Cola’s top brands in multipacks for 12-ounce (355 millileter) and 16.9-ounce (500 milliliter) beverages. Liberty Coca-Cola Beverages is the first beverage distributor in the world to implement this specific type of paperboard packaging. “The new packaging technology allows us to completely replace plastic rings with paperboard carriers for products produced at our Philadelphia facility,” said Fran McGorry, co-owner of Liberty Coca-Cola Beverages. “We expect to replace 200,000 pounds of plastic a year from our multi-state territory.”
Read More

Kohl’s Reports First Quarter Fiscal 2024 Financial Results

*Net sales decreased 5.3% year-over-year, to $3.2 billion, with comparable sales down 4.4% *Gross margin as a percentage of net sales was 39.5%, an increase of 48 basis points. *Selling, general & administrative (SG&A) expenses decreased 0.8% year-over-year, to $1.2 billion. As a percentage of total revenue, SG&A expenses were 36.3%, an increase of 166 basis points year-over-year. *Operating income was $43 million compared to $98 million in the prior year. As a percentage of total revenue, operating income was 1.3%, a decrease of 148 basis points year-over-year. *Net loss was $27 million, or ($0.24) per diluted share. This compares to net income of $14 million, or $0.13 per diluted share in the prior year. *Inventory was $3. 1 billion, a decrease of 13% year-over-year. *Operating cash flow was a use of $7 million as compared to a use of $202 million in the prior year.
Read More

Conserving Ecuador’s Ecosystems

In today’s world, where environmental concerns are increasingly critical, sustainable practices have emerged as a source of hope for the future of our planet. The Forest Stewardship Council® (FSC®) stands out as a world leader in promoting sustainable forest management and sets the standards that ensure that forests are managed in an environmentally friendly, socially beneficial, and economically viable manner. This story explores the crucial role that sustainable forest management plays in preserving and protecting ecosystems in the Cotopaxi area of Ecuador. Aglomerados Cotopaxi is a company in the forestry industry that shows us an inspiring example of environmental management. This 45-year-old company has always worked towards environmental sustainability and, along with FSC certification, their existing sustainable practices have been deepened and improved. They show their commitment to protecting the major ecosystems that extend in and around their forest plantations, and ensure that the delicate balance of their forests remains intact. In addition, they understand the importance of preserving biodiversity, allowing the thriving of plant and animal species that call these ecosystems home. Moreover, the company actively engages with local communities, forging meaningful partnerships that nurture both the environment and the livelihoods of the people intertwined with it.
Read More

Lithuanian Forest Certification System submitted for assessment

The Lithuanian Forest Certification Scheme has been submitted to PEFC for assessment. The public consultation, which is your chance to give your feedback on this new system, will run from 11 June to 10 August 2024. This is the first time the Center of Sustainable Forest Management (CSFM), the PEFC national member for Lithuania, has submitted its national system to PEFC for endorsement. Find out more about the national system. To provide you with additional information about this new national system, we are holding a webinar on 11 June at 9:00 CEST.
Read More

drupa and PRINTING United Announce Strategic Partnership (piworld.com)

Sabine Geldermann, Director drupa, Portfolio Print Technologies, comments on this partnership, “PRINTING United Expo’s one-roof approach aligns very strongly with what drupa has brought to the industry over the last seven decades. Showcasing the many applications printing technology has these days, not only in the graphic arts field but in packaging, industrial and textile is what our attendees appreciate.” Ford Bowers, CEO, PRINTING United Alliance, speaking to the outcomes of this agreement, “Our partnership with drupa underscores our commitment to advancing the entirety of the printing industry. Together, we will be able to deliver even more opportunities for growth and collaboration to all who participate in the marketplace of events. We look forward in the coming months to sharing our conversations on how this partnership will unfold and the benefits to all our partners.”
Read More

Aptar Beauty Introduces the First Fragrance Pump Available with PCR Content

Global leader in dispensing systems Aptar Beauty has released a new plastic fragrance pump made with post-consumer recycled resin (PCR). Color Code PCR is the first fragrance pump on the market to include up to 67%* of mechanical PCR Plus material without compromising on customization options and aesthetics. By integrating up to 67%* of mechanical PCR Plus content during manufacturing, Aptar reduces the product’s CO2 emissions by up to -39% versus the version using conventional resin. This number has been verified by a comprehensive Life Cycle Analysis (LCA) of the raw materials using Aptar’s internal Eco Design tool**. By choosing Color Code PCR over a conventional plastic equivalent, brands can reduce their Scope 3 carbon emissions, while benefiting from a ready-to-use PCR content claim. Depending on the region, using this pump may also help brands avoid some extra plastic packaging tax.
Read More

IPG introduces the IMA Brand E-CO Flex SealMatic Fully Automatic Random WAT Case Sealer for e-commerce.

The E-CO Flex SealMatic is a fully automated case sealer to process FEFCO 201 (RSC) cases, automatically adjusting its mechanical movements according to the case size. It is equipped with sustainable water-activated tape (WAT) technology to seal cases on top and bottom at a high speed, up to 20 boxes per minute, without the need for operator intervention. The machine can process an extensive range of case sizes, allowing the equipment to seamlessly adjust to the size of each case while closing the case top flaps. If a SIOC (Ships in Own Container) case is detected, the machine will automatically bypass it, to pass through the system without applying tape. The E-CO Flex SealMatic can be outfitted with a variety of extra features. These include the ability to apply labels for hazardous materials (hazmat), print and apply shipping labels, and use quality inspection smart cameras to ensure proper flap folding, tape application, and tape leg length. The case sealer’s compact size allows it to be seamlessly incorporated into existing layouts with only minor modifications.
Read More

EFI Presents Revolutionary Innovations for Packaging, Display Graphics, and Textiles at drupa 2024

“Our return to drupa brings some of the most transformative announcements in EFI history,” said Frank Pennisi, CEO of EFI. “We’re excited to use this opportunity to launch groundbreaking innovations, like the world’s first full-colour, on-demand rightsized box system, and true water-based single-pass inkjet technology for corrugated printing. The solutions on our stand present game-changing opportunities that visitors can implement today and plan for tomorrow to future-proof their businesses in a highly competitive and rapidly changing marketplace.” Revolutionary innovations and announcements EFI is unveiling two new solutions at drupa, as well as announcing disruptive developments for existing solutions. Featured live at EFI’s stand is the must-see Packsize® EFI™ X5® Nozomi, the world's first full-colour, on-demand, right-sized box system. It prints, cuts, creases, glues, and erects customized boxes at rates as fast as one box every six seconds with high-resolution graphics, all in a single, streamlined solution – a truly astonishing new offering for the corrugated packaging industry.
Read More

Behind Our Businesses: Pulp and Tissue President Richard Tremblay Shares Insights

Pulp and Tissue President Richard Tremblay is an experienced executive with more than 35 years in the pulp and paper industry. He was born in La Tuque, Quebec, and graduated from the University of Sherbrooke. Prior to joining Resolute in 2011, he served as general manager of several mills at Smurfit-Stone Container Corporation, beginning in 2002. He was named to his current role in February 2024, after serving in roles of increasing responsibility and leading Resolute’s pulp, paper and tissue manufacturing operations for more than 13 years. He recently spoke about aspects of the integration, pulp and tissue prospects in 2024 and efforts to serve customers well.
Read More

Generational Upgrade Planned for Saint John’s Pulp Mill

Irving Pulp & Paper, Limited has submitted a preliminary application to undertake a major upgrade to Saint John's westside pulp mill, representing a new long-term capital improvement plan and a potential $1.1-billion investment. Known as NextGen, the project will increase the mill’s capacity while also increasing the green energy it generates, making it one of the top producing kraft pulp mills in the world and a global leader in environmental performance. An Environmental Impact Assessment (EIA) related to the project has been submitted to New Brunswick’s Department of Environment. ​ “These upgrades will ensure Saint John's pulp mill continues to be at the heart of the province's forest products supply chain, and provides a regional market for chips, bark and pulpwood,” said Irving Pulp & Paper Vice President, Mark Mosher.
Read More

UPM Pulp and UPM Communication Papers reached a negotiated outcome

UPM Pulp, UPM Communication Papers and the Paper Workers' Union have reached a negotiation outcome in the collective labour agreement negotiations concerning UPM's Finnish pulp and printing paper mills. "We are pleased that we have reached a negotiated outcome on the new collective agreements and would like to thank the Paper Workers’ Union for the constructive and good spirit negotiations. The contents of the negotiation outcomes now achieved create a good basis for the development of our business in Finland," say Aki Temmes, Executive Vice President of UPM Fibres and Antti Hermonen, Senior Vice President, Operations of UPM Communication Papers. The new collective agreements will have a two-year contract period and will enter into force upon approval by the Paper Workers’ Union’s Board. The union has announced that their Board will discuss the negotiation outcomes at its meeting on 5 June 2024. Negotiations on the collective labour agreements for UPM Specialty Papers, UPM Raflatac and UPM Biofuels will continue.
Read More

GLGA Announces Recipients of Fourth Annual Women in Print Excellence Award

The Great Lakes Graphics Association (GLGA) is proud to announce the recipients of its fourth annual Women in Print Excellence Award. The Women in Print Excellence Awards supports GLGA’s ongoing quest to recognize the contributions of women in the Midwest print, graphic arts, finishing and print packaging community as well as those women who support the print industry in a vendor or supplier capacity. Any woman working directly in print or in a vendor role supporting print who was in good standing with her company in Illinois, Indiana or Wisconsin was eligible to be nominated. The nominations were reviewed by a panel of female print professionals outside of the Midwest, who selected one recipient per state.
Read More

U.S. Ad Market Expands For 13th Month In April (mediapost.com)

The U.S. ad market expanded for its 13th consecutive month in April, rising 9.1% over the same month in 2023, according to the latest installment of data from Guideline's U.S. Ad Market Tracker. April also in the first month in quite some time to post an increase on top of a prior year increase, albeit a modest one: April 2023 was up 0.7% over April 2022. That said, the data indicates the U.S. ad market is well past its recessionary period and fully into an expansionary mode, with recent months rising at high single-digit increases or approach of surpassing double-digit ones.
Read More

New Chain of Custody Advice Notes published

FSC published Advice Notes for Chain of Custody Certification on Annual Administration Fee and Controlled Forest Management (CFM) claim. The new Advice Notes related to Annual Administration Fee (AAF) calculation (ADVICE-40-004-25 & ADVICE-40-006-02) includes requirements for the organization to provide information to the certification body (CB) for Annual Administration Fee (AAF) calculation. Advice Notes related to the CFM claim in the Chain of Custody Certification are ADVICE-40-004-27 & ADVICE-40-006-03. These Advice Notes are available in the relevant Directives FSC-DIR-40-004 and FSC-DIR-40-006
Read More

Public consultation: Bulgarian forest certification system

Stakeholders from around the world are invited to give feedback on the Bulgarian Forest Certification System. Deadline for comments is 27 July. Give your feedback. The Council for Sustainable Forest Management and Certification in Bulgaria (CSFMCB) revised the country’s national forest certification system to ensure its forest management standard is up-to-date and continues to meet stakeholder demands and expectations. The Bulgarian system was submitted to PEFC after being revised in line with PEFC requirements. The system is now undergoing the PEFC assessment process, carried out by an independent PEFC Registered Assessor. It must pass this assessment to maintain its PEFC endorsement.
Read More

Baumer hhs Joins Two Sides To Promote Sustainable Adhesive Application

Two Sides is excited to announce its newest member and supporter, Baumer hhs, a worldwide partner for adhesive application and quality assurance. For more than 35 years, everything at Baumer hhs has revolved around secure gluing and the goal of meeting the high demands imposed by their customers and a dynamic market. No matter whether you process cold glue or hot melt, or whether you want to verify the quality of your products with the help of sensors or cameras, you’ll find the right solution at Baumer hhs! “Sustainability is on everyone’s lips. We are only at the beginning of an exciting journey. But what does sustainability actually mean in a company like Baumer hhs? Well, we asked ourselves three questions on how can we be: economically sustainable for our customers in the market, socially sustainable for our employees and our environment, and ecologically sustainable for our company and the environment?
Read More

Game-changer from Northern Finland: A new folding boxboard to lead the charge in renewable packaging innovation

Stora Enso’s brand-new board line in Oulu, Finland is well under way to completion. It brings with it a promise to introduce up to 750,000 tonnes of renewable packaging materials to the market, all sourced from well-managed forests. With the increased capacity to produce more premium renewable solutions, we will grow our support for food and beverage brand owners in answering consumers’ wishes for more sustainable packaging. In anticipation of the line’s startup in 2025, we’re introducing the first of such products, a new folding boxboard (FBB) that will take center stage in Oulu – Performa Nova. The promise of Performa Nova is all in the name. For years, our Performa product range has stood for exceptional performance, embodied by the strength and dependability of the material at a low weight. “Nova” signals a new era in fiber-based packaging, reflecting enhanced efficiency and product experience. Performa Nova is poised to redefine industry standards and consumer expectations.
Read More

Packsize and EFI Launch X5 Nozomi, the Industry’s First Full-Color, Erected Box Solution

Packsize®, the market leader in sustainable, right-sized, on-demand packaging, and EFI™, a global technology company leading the worldwide transformation from analog to digital imaging, today announced their collaboration on the world’s first on-demand box system that integrates full-color printing on boxes using a single automated solution. The X5 Nozomi system combines Packsize’s X5® fully-automated, Right-sized Packaging on Demand® system, part of the Packsize X Series, with EFI’s industry-leading Nozomi single-pass digital inkjet printer line for corrugated. “The partnership with EFI and the innovation of the X5 Nozomi is a testament to our team’s commitment to reimagining what is possible and empowering brands to truly customize their customers’ unboxing experience,” said David Lockwood, CEO of Packsize. “No other machine can go from blank corrugated to printed, right-sized, on-demand erected boxes in one solution – and in as little as six seconds per box.”
Read More

HEINZEL GROUP successfully starts up paper machine converted by ANDRITZ at Steyrermühl, Austria

After a successful start-up, the machine is now producing kraft papers for packaging which are marketed under HEINZEL GROUP’s well-established Starkraft brand. This enables Heinzel Pöls/Starkraft to take a major step forward in sustainable paper production and global expansion. The rebuilt machine is running smoothly with a capacity of 150,000 tons of brown and white kraft paper per year and a paper witdth of 6,300 mm at the reel. Starkraft offers a full range of 40 to 100 gsm kraft papers. This strategic investment allows Heinzel’s Starkraft division to produce a total of up to 350,000 tons of kraft paper per year. ANDRITZ introduced a unique headbox and gapformer concept combined with a shoe press that achieves significant energy savings. ANDRITZ's softnip calender technology results in premium paper surface qualities. Moreover, ANDRITZ provided a new VIB SteamTech profiling system and an upgrade of the existing steam and condensate system.
Read More

UPM to supply Artigo with UPM BioMotion™ Renewable Functional Fillers for next-generation rubber flooring

Artigo, an international rubber flooring company, will produce their next-generation flooring collections from 2025 with UPM BioMotion™ Renewable Functional Fillers (RFF). By incorporating UPM Biochemicals’ RFF, Artigo has achieved CO2 footprint savings of up to 0.5 kg CO2e/sq. meter1 and managed to reduce the weight by up to 5% per square meter flooring. UPM BioMotion™ RFF are a CO2-negative2 solution for diverse rubber and plastic applications, containing 100% renewable carbon, certified by DIN CERTCO, which is sourced from sustainably managed forests. They support carbon footprint improvements by enabling flooring manufacturers to increase their share of renewable materials in products and reduce the use of traditional highly CO2-intensive fillers, such as precipitated silica, and other fossil-carbon based raw materials. RFF deliver the same technical performance as precipitated silica in aiding flooring durability and elasticity, with the added benefit of being up to one third lighter.
Read More

News Corp. Deal With OpenAI Proves ‘NY Times’ Suit Is Right, Lawyers Say (mediapost.com)

News Corp.’s deal with OpenAI supports the contention by the New York Times that publishers should be paid when their work is used for AI, Times lawyers say. “The Times is pleased to see that OpenAI increasingly acknowledges this industry-wide problem and is paying publishers for their work,” a Times spokesperson told Legaltech News. The spokesperson adds, “We hope Microsoft will follow suit. It is important for all industry participants to be at the table and for the subsequent deals to adequately reflect the value of high-quality journalism.”
Read More

Carpenter Media Group Buys 10 Southern Newspapers (mediapost.com)

The Carpenter Media Group has acquired 10 Southern newspapers and a Georgia printing facility from Community Newspaper Holdings Inc. (CNHI). Terms of the sale were not disclosed. The printing plant is in Valdosta, Georgia. "We are pleased to succeed CNHI in ownership and responsibility for these institutions and the communities they serve," says Todd Carpenter, chair of Carpenter Media. "We will work hard to build on the good foundations they put down in each place."
Read More

Postmedia Announces the Sale of the Winnipeg Sun, The Graphic Leader, and Kenora Miner & News to the Klein Group

Postmedia Network Inc., a wholly owned subsidiary of Postmedia Network Canada Corp. announced a definitive agreement to sell the Winnipeg Sun, The Graphic Leader and Kenora Miner & News to The Klein Group Ltd. “We are pleased to have reached an agreement with a local group that will continue Postmedia’s long tradition of providing trusted and valuable journalism in these important markets,” said Andrew MacLeod, President and CEO of Postmedia. “Our teams in Winnipeg, Portage and Kenora produce quality work that is critically important to their communities, and we’re thrilled that will continue under the new ownership group. Each paper’s local team will continue to be supported by the voices and opinions from Postmedia that Canadians rely on for information, diverse perspectives, and unique insights into national and international developments.” Employees at each of the newspapers are expected to continue in their role, with no job losses anticipated. Non-unionized employees will be offered their same job with the Klein Group, while unionized employees will retain their current terms as presently contracted.
Read More

Get ready: FSC Aligned for EUDR

When the EU Regulation on Deforestation-free Products (EUDR) came into force in June 2023, FSC accelerated several existing projects to align our sustainable forestry standards with the EUDR requirements and develop the required technology solutions to ease compliance for companies. FSC Aligned for EUDR takes the complexity out of EUDR requirements and provides a robust solution to help certificate holders become compliant on time. Join us as we unveil this offering and how it will streamline your compliance journey. Get access to the FSC Aligned Certification for EUDR, supporting companies to fulfil their due diligence obligations. It includes the newly developed FSC Regulatory Module and FSC Risk Assessment Framework and enables EUDR alignment by leveraging FSC's robust system. Find out how to start implementation immediately.
Read More

Introduction to the proposed amendments to the PEFC Sustainable Forest Management standard

Preparing to give your feedback on the proposed amendments to the PEFC Sustainable Forest Management standard for EUDR alignment, but would like more information? We are holding a special information webinar, open to everyone, on 12 June, to introduce the proposed modifications and answer your questions. The PEFC SFM Working Group has added and amended a number of requirements to the PEFC Sustainable Forest Management standard (ST 1003) to ensure that PEFC-certified raw material coming out of PEFC-certified forests is EUDR compliant.
Read More

ATA Truck Tonnage Index Decreased 1.2% in April

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index declined 1.2% in April after decreasing 2.2% in March. In April, the index equaled 111.7 (2015=100) compared with 113.1 in March. “The truck freight market remained soft in April as seasonally adjusted volumes fell for the second straight month,” said American Trucking Associations Chief Economist Bob Costello. “With a rebound in freight remaining elusive, it is likely that additional capacity will leave the industry in the face of continued softness in the market.” March’s decrease was revised down slightly from our April 23 press release. Compared with April 2023, the index fell 1.5%, which was the fourteenth straight year-over-year decline. In March, the index was down 1.3% from a year earlier.
Read More

PPWR: The Packaging and Packaging Waste Regulation Explained

As a leading provider of sustainable packaging solutions, we fully support the European Union’s aim of promoting packaging circularity and reducing the impact of packaging on the environment. To help our customers navigate new rules shaping the future of packaging in the EU, we have outlined the latest information on the Packaging and Packaging Waste Regulation (PPWR), its importance, objectives, and the differences between existing rules and the key measures proposed. The PPWR is a proposed piece of legislation revising the current packaging and packaging waste rules applicable in the European Union (EU). Currently, the main regulatory framework for packaging and its end of life in the European Union is the Packaging and Packaging Waste Directive (PPWD), adopted in the 1990s and revised several times since.
Read More

Tetra Pak unveils new ‘Factory Sustainable Solutions’ approach to help reduce energy and water consumption

A new offer within Tetra Pak’s broader sustainability portfolio, the ‘Factory Sustainable Solutions’ business offers Food and Beverage (F&B) producers a tailored blend of state-of-the-art technologies and leading plant integration capabilities. It seeks to support F&B producers in optimising energy and resource consumption, an important step in helping customers meet their sustainability ambitions and reduce operational costs. Traditionally reliant on fossil fuels and energy-intensive processes,1 F&B producers are under increasing pressure to optimise resources and increase energy generation from renewable sources. This comes amidst rising operational expenses, including the cost of raw materials, as well as new CO2 taxes and fees for wasted water. Finding solutions to these challenges will be key, with businesses looking to their supply chains and manufacturing processes to help achieve cost savings2.
Read More

Life cycle assessment finds 43% reduced climate impact for Mondi’s Hug&Hold

Mondi has commissioned and completed a life cycle assessment (LCA) for its ground-breaking paper-based Hug&Hold solution, to determine its environmental impact compared to that of conventional low-density polyethylene shrink wrap for six 1.5 litre PET beverage bottles. Hug&Hold is an innovative, sustainable and fully recyclable solution to replace plastic shrink wrap on the PET bottle bundle packs. It comprises two elements - a kraft paper sleeve to provide secure and safe transportation and a corrugated carrying handle that firmly holds the bottles around the neck, featuring an integrated handle for convenience and strength. The assessment shows that Hug&Hold has lower impacts in the categories of climate change, fossil resource use, photochemical ozone formation, acidification, ionising radiation, water use and eutrophication of freshwater. The overall carbon footprint is 43% lower than average LDPE virgin plastic shrink wrap and 15% lower than LDPE shrink wrap with 100% recycled content, meaning it can be recommended to reduce the climate change impacts of packaging while providing a strong solution for the customer and end user.
Read More

UPM Specialty Papers and partners developed new opportunities for UPM’s packaging papers on standard flexo printing machines

UPM’s barrier and barrier base papers can be enhanced with heat-seal properties while reproducing high-quality images in almost any flexographic print shop under normal production conditions. This was demonstrated in joint co-creation project carried out by UPM Specialty Papers, BOBST, and Siegwerk. The test results verified that it is possible to efficiently print packaging papers and at the same time achieve heat-sealability using flexographic printing techniques. The project combined a number of UPM’s barrier and barrier base papers with Siegwerk’s water-based ink series UniNATURE, which are formulated with a high Bio Renewable Content (BRC), and two heat-sealing lacquers for paper and board applications from their CIRKIT coatings range. The papers were printed using BOBST MASTER CI, a 10-color wide-web printing press designed for water-based inks and 800 m/min speed.
Read More

Lawmakers Advance Sweeping Nationwide Privacy Bill (mediapost.com)

Lawmakers on a House subcommittee on Thursday advanced a draft privacy bill that would impose sweeping nationwide restrictions on companies' ability to collect and use data. The American Privacy Rights Act -- introduced in both chambers last month by Senator Maria Cantwell (D-Washington) and Representative Cathy McMorris Rodgers (R-Washington), and revised earlier this week -- now moves to the House Energy and Commerce Committee, which could make additional changes. The current version of the bill appears to require businesses to allow consumers to opt out of online behavioral advertising -- meaning ads served based on cross-site and cross-app data. The original version had language that would have either required companies to obtain opt-in consent for behavioral advertising, or banned online behavioral advertising altogether.
Read More

Outlier by Savvas Named to TIME World’s Top EdTech Companies 2024 List

Savvas Learning Company, a next-generation K-12 learning solutions leader, is excited to announce that Outlier by Savvas, its online dual-enrollment course offerings, has been named to TIME World's Top EdTech Companies 2024 list. Outlier by Savvas ranked #73 on this new global ranking of the 250 top edtech companies by TIME in partnership with Statista, a statistics and market research company. Savvas recently acquired Outlier, an edtech startup that has created a portfolio of online, asynchronous dual enrollment courses — with real transferable college credit opportunities from a top 50 university — that enable high school students to earn dual credit while never having to leave their school building. Offering a diverse catalog of award-winning college courses with cinematic lectures from top-rated instructors, Outlier by Savvas provides high school students multiple pathways to college and career.
Read More

Booksellers and librarians agree: young readers are fueling the printed book boom

Millennials and Gen Z are known as “robust samplers,” meaning they are accustomed to a risk-free subscription model for media consumption. Think Netflix, Amazon Unlimited, Audible, and Spotify. As it turns out, according to a new report from the American Library Association (ALA), “in the traditional, print-centered book publishing ecosystem, libraries are the place for robust sampling.” According to the new report Gen Z and Millennials: How They Use Public Libraries and Identify Through Media Use, Gen Z and Millennials (roughly ages 13 to 40) are using public libraries, both in person and digitally, at higher rates than older generations.
Read More

Updated Myths & Facts For 2024

Two of the most popular Two Sides resources, the Myths & Facts and Packaging Facts booklets, have been updated to take in the very latest research, facts and findings about paper and paper packaging, as well as the latest Trend Tracker report from Two Sides. The new Myths & Facts booklet explores nine common myths, from ‘European forests are shrinking’ to ‘Paper wastes precious resources’, before busting those myths by using a series of irrefutable facts. Meanwhile, the new Packaging Facts booklet sets out eight clear reasons why paper packaging is the natural choice for brand owners, retailers and consumers. Two Sides thanks Antalis, who supplied the paper for the print version of the new Myths & Facts booklet. In keeping with the booklet’s content, Antalis chose the recycled Cyclus Offset paper, which has exemplary sustainable credentials.
Read More

ISTA 2024: The Biggest Trends and Insights Driving Forward the Packaging Industry

The International Safe Transit Association (ISTA) 2024 has proven to be another successful forum for collaboration, learning, and networking. The ISTA Forum, which includes the TransPack and TempPack events, is where the packaging community comes together to tackle the industry’s biggest challenges, explore best practices, and discover the latest trends. The common theme of the ISTA 2024 Forum was collaboration. To move the industry forward, speakers urged the audience to amplify efforts to collaborate both internally and externally. Sustainability is a tremendous priority and most companies invest in promoting their sustainability efforts. By collaborating as an industry, we can share data and amplify messaging to educate B2C consumers and B2B decision-makers on the value of sustainable packaging. Industry players should be willing to share their respective insights to make a more positive impact on the environment. The ability to measure impact – and learn from it – is a critical piece of the puzzle.
Read More

Paper Excellence Canada and the Province of Nova Scotia Reach a Settlement

Paper Excellence Canada announced today that it has reached a settlement with the Province of Nova Scotia that acknowledges plans to transform and reopen Northern Pulp Nova Scotia in Pictou will not proceed and provides for a review process agreed between the Northern Pulp group and the Province of Nova Scotia that is aimed to determine whether a new, modern mill in Nova Scotia is viable. The agreement also provides for the settlement of outstanding litigation and loans between the two parties and fully addresses the pensions of former mill employees. Central to the settlement agreement is the creation by the Northern Pulp group (a subsidiary of the Paper Excellence group) and the Province of Nova Scotia of a review process that will explore the feasibility of a new, modern mill in Liverpool, Nova Scotia. Paper Excellence Canada will fund this review process and will work in close consultation with the Province of Nova Scotia in undertaking a feasibility study to determine whether a viable business case exists to open a new mill there. The potential construction of a state-of-the-art Northern Bleached Softwood Kraft (NBSK) pulp mill therefore depends on a determination of viability under this study.
Read More

Mondi breaks ground on €200 million recycled containerboard mill investment in Duino, Italy

Mondi held a groundbreaking ceremony in Duino, Italy, today laying the cornerstone on its €200 million investment in the mill acquired in January 2023. The facility’s existing paper machine is being converted into a high-quality recycled containerboard machine which will create job opportunities for current and potential employees, build and evolve partnerships with local stakeholders as well as contribute to the region’s overall economic development. The start-up of the new machine is expected in 2025. Once fully operational, it will be capable of producing 420,000 tonnes of recycled containerboard for sustainable packaging solutions and will be Mondi’s widest recycled paper machine at 8.5 metres. Where possible, the mill will source materials locally in order to contribute to the local economy, reduce greenhouse gas emissions through shorter transport distances and strengthen supply chain resilience.
Read More

News Corp and OpenAI Sign Landmark Multi-Year Global Partnership

News Corp and OpenAI today announced a historic, multi-year agreement to bring News Corp news content to OpenAI. Through this partnership, OpenAI has permission to display content from News Corp mastheads in response to user questions and to enhance its products, with the ultimate objective of providing people the ability to make informed choices based on reliable information and news sources. OpenAI will receive access to current and archived content from News Corp’s major news and information publications, including The Wall Street Journal, Barron’s, MarketWatch, Investor’s Business Daily, FN, and New York Post; The Times, The Sunday Times and The Sun; The Australian, news.com.au, The Daily Telegraph, The Courier Mail, The Advertiser, and Herald Sun; and others. The partnership does not include access to content from any of News Corp’s other businesses. In addition to providing content, News Corp will share journalistic expertise to help ensure the highest journalism standards are present across OpenAI’s offering.
Read More

Lawmakers Make Ad-Friendly Revisions To Privacy Bill (mediapost.com)

Federal lawmakers have made some advertiser-friendly revisions to a bipartisan privacy bill that would regulate the collection and use of consumers' data. Among other changes, the new draft of the bipartisan proposed American Privacy Rights Act, unveiled late Tuesday, appears to require businesses to allow consumers to opt out of online behavioral advertising -- meaning ads served based on cross-site and cross-app data. The House Energy and Commerce Subcommittee on Innovation, Data, and Commerce is scheduled to mark up the bill on Thursday. The new language relating to online behavioral advertising is less restrictive than language in the original version, which was introduced last month by Senator Maria Cantwell (D-Washington) and Representative Cathy McMorris Rodgers (R-Washington). That version, widely considered ambiguous, would have either required companies to obtain opt-in consent for online behavioral advertising, or banned such advertising altogether, depending on interpretation.
Read More

EcoVadis grants Huhtamaki Gold Medal fourth year in a row

Huhtamaki has received the prestigious Gold Medal from EcoVadis for the fourth consecutive year, placing the company in the top 5% of more than 130,000 rated companies worldwide. The score is based on our performance in the four categories of Environment, Labour and Human Rights, Ethics and Sustainable Procurement. Compared to last year, our most significant improvements were in our supplier engagement and reporting on our environmental impacts. In 2023, we made significant improvements in reducing waste and GHG emissions as well as increasing our focus on our nature issues. Huhtamaki's external recognition from EcoVadis underscores our commitment to producing packaging that protects Food, People and the Planet. "Receiving the Gold Medal from EcoVadis for the fourth year in a row is a significant achievement that reflects the progress we've made on our sustainability commitments," says Salla Ahonen, Huhtamaki EVP of Sustainability and Communications.
Read More

SPC to Receive First US Installation of Canon ProStream 3160

Specialty Print Communications (SPC), a direct marketer offering a full spectrum of solutions for national brands, will become the first company to have the Canon ProStream 3160 installed in the United States. This milestone was announced by Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc. The ProStream 3160, the new flagship model of the ProStream 3000 series, can help bring quality and productivity to inkjet printing for commercial markets, direct mail, and publishing, among others. The ProStream 3160 is designed for ultra-fast production, to allow print businesses to move high volumes of work from offset and legacy technologies. This roll-fed 4/4 inkjet press can print up to 525 feet per minute (160 meters per minute). Its new polymer pigment ink set helps ensure consistent offset print quality at rated speed while extending the media grammage/speed range.
Read More

Total U.S. Printing-Writing Paper Shipments Increased 13% in April 2024

The American Forest & Paper Association (AF&PA) has released the April 2024 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments increased 13% in April compared to April 2023. U.S. purchases of total printing-writing papers decreased 1% in March compared to the same month last year. Total printing-writing paper inventory levels decreased 2% when compared to March 2024. Unlike previous months, changes in U.S. shipments across the 3 major P-W categories (UFS, CFS, and MECH) in April all showed increases compared to the same period last year. Uncoated free sheet (UFS) shipments increased by 9%, coated free sheet (CFS) shipments increased by 22%, and mechanical (MECH) paper shipments increased by 25%.
Read More

AF&PA Releases April 2024 Packaging Papers Monthly Report

The American Forest & Paper Association (AF&PA) released the April 2024 Packaging Papers Monthly report. Total packaging papers and specialty packaging shipments in April increased 21% compared to April 2023. They were up 11% when compared to the same 4 months of 2023. The operating rate for unbleached packaging papers was 94%, up 15.8 points from April 2023 and up 4.2 points year-to-date. Shipments of the biggest subgrade in bleached packaging papers – food wrapping – 25,800 short tons for the month of April, down 0.5% from the same month last year and down 2.3% year-to-date.
Read More

Can Paper Bags Be Recycled?

Paper bags are a common sight at grocery stores, clothing stores, and pharmacies. They’re also great for carrying your packed lunch. But have you ever wondered … can these paper bags be recycled? The answer is yes! Paper bags are widely accepted for recycling across the U.S. They are the only bags that are recyclable in curbside bins. This ease of recycling makes them a convenient choice. Recycling is a critical part of the paper industry’s manufacturing process. And recyclable paper products, like paper bags, are a key component of our circular value chain.
Read More

URBN Reports Record Q1 Sales and Earnings

Total Company net sales for the three months ended April 30, 2024 increased 7.8% to a record $1.20 billion. Total Retail segment net sales increased 5.8%, with comparable Retail segment net sales increasing 4.6%. Comparable Retail segment net sales increased 17.1% at Free People and 10.4% at Anthropologie and decreased 13.7% at Urban Outfitters. Wholesale segment net sales increased 3.4% driven by a 6.3% increase in Free People wholesale sales due to an increase in sales to department stores and specialty customers, partially offset by a decrease in Urban Outfitters wholesale sales. Nuuly segment net sales increased by 51.4% primarily driven by a 45% increase in average active subscribers in the current quarter versus the prior year quarter.
Read More

U.S. Postal Service Provides Update on Historic Modernization Efforts

To further clarify the implementation plans of the Postal Service Mail Processing Facility Reviews, and continued activity on Regional Processing and Distribution Centers, Sorting and Delivery Centers, and Local Processing Centers, Postmaster General Louis DeJoy transmitted a letter yesterday addressed to Senator Gary Peters, Chairman, Homeland Security and Governmental Affairs Committee. The letter outlines the paused implementation status of the Mail Processing Facility Reviews, as well as the ongoing 2024 activities that will continue to advance and are part of the nearly $15.3 billion in committed self-funded investments. The letter can be found here. “Our Delivering for America Plan initiatives are breathing new life into the U.S. Postal Service. Despite evident progress, it's clear that these efforts should have commenced more than a decade ago," stated Postmaster General and CEO Louis DeJoy. "The need for swift and comprehensive transformation in the Postal Service is undeniable. We remain fully committed to this transformation with the goal of continuously improving service performance for the American people – all while being financially self-sustainable.”
Read More

LinkedIn Begins Labeling AI-Generated Content (mediapost.com)

Following other major social media platforms, LinkedIn has announced that it will begin adding labels to in-stream content created by generative artificial intelligence (AI) so its users better understand the posts they are interacting with. To carry out the labeling process, the business-to-business social network is partnering with the Coalition for Content Provenance and Authenticity (C2PA), a project that aims to develop technical standards for certifying the origins of digital content by enabling consumers to trace the source and authenticity of media content, especially with the use of generative AI. Now, AI-generated content on LinkedIn will include a small C2PA tag in the top right of in-stream visuals. By tapping on the icon, users will be able to find more information about the tagged image. The Coalition’s automatic tags are devised from the code data embedded into the image.
Read More

Bulgarian Forest Certification System submitted for assessment

The Bulgarian Forest Certification System, the latest member of the Balkan Regional System, has been submitted to PEFC for assessment. The public consultation, which is your chance to give your feedback on this revised system, will run from 28 May to 27 July 2024. The Council for Sustainable Forest Management and Certification in Bulgaria (CSFMCB) revised the country’s national forest certification system to ensure its forest management standard is up-to-date and continues to meet stakeholder demands and expectations. This national system also joins Bosnia and Herzegovina, North Macedonia, and Slovenia under the Balkan Regional System.
Read More

How Novolex Is Building A Brain Trust To Educate Consumers And Achieve Our Sustainability Goals

Novolex employees thrive when developing innovative new products, identifying more sustainable solutions, and stretching the boundaries of packaging to meet unique customer needs. At Novolex, we pride ourselves on collaborating across the industry, cultivating a broader brain trust with others in the manufacturing and packaging space. Certain issues—like recyclability or reusability—we can’t tackle alone. By joining coalitions focused on consumer education, collaborating with foodservice operators, participating in labeling systems like How2Recycle®, and fostering the construction of recycling infrastructure, we support consumers and elevate the entire industry. Last month, the Plastics Industry Association (PLASTICS) launched the Flexible Film Recycling Alliance (FFRA), an initiative Novolex is proud to participate in. The alliance has plans to educate the public about the sustainability and recyclability of flexible plastic film products.
Read More

Tips to Maximize Direct Mail Response (piworld.com)

There are many times when customers reach out to us to help them increase their response rates. When that happens, the first question is “What was the response rate on your last mailing?” Now you would think after 32 years in the business that the standard response to this question would no longer shock me, however that is not the case. When I hear “I am not sure”, I cringe. In 2024, how can they not know what the response rate was? They need to know this information. So, let’s take a look at what the 2024 Lob State of Direct Mail found: > 84% of marketers agree direct mail provides the highest ROI of any channel they use. > 82% of respondents are increasing direct mail spend in 2024. > Personalized URLs are the most popular way to measure conversions from direct mail campaigns. > Letters and postcards are the most popular direct mail format sent by respondents followed closely by brochures, catalogs, and self-mailers. One key takeaway is that direct mail response rates are higher than all digital media in the study. Direct mail can benefit the marketing mix, but you need to know their numbers so that you can keep doing what works and fix what is not working.
Read More

Commerce Department Finds Imports of Paper Shopping Bags Unfairly Traded

The Coalition for Fair Trade in Shopping Bags (the "Coalition") applauds the final determinations announced today by the United States Department of Commerce ("Commerce") that imports of paper shopping bags into the United States from Cambodia, China, Colombia, India, Malaysia, Portugal, Taiwan, and Vietnam are being sold at less than fair value (commonly termed "dumping") and that imports from China and India also are being subsidized. This follows an affirmative final finding of dumping announced in March with respect to imports of paper shopping bags from Turkey. Commerce's investigations concerning these nine countries cover paper shopping bags with handles of any type, whether printed or unprinted. In its final determinations, Commerce concluded that imports of paper shopping bags from each of the nine countries are being unfairly traded. In particular, Commerce found combined dumping margins and subsidy rates of up to 308.13 percent. This means that U.S. importers of paper shopping bags from these countries will have to pay cash deposits to U.S. Customs and Border Protection ("Customs") based on the value of their future imports.
Read More

Mondi and Meurer wake up coffee wrapping with new paper solution

Mondi has created a new secondary paper packaging solution for wrapping bundles of food and drinks, replacing plastic shrink film that has been the industry standard. The new paper solution, TrayWrap, is made with Mondi’s Advantage StretchWrap and is being used by a coffee brand to secure 12 coffee packages for transportation across Sweden. The paper wrap holds the coffee packs tightly in place with 4-6 adhesive dots on the bottom side of the existing corrugated tray. Pre-punched folding points ensure stability on each open side, meaning that the products can be seen, stacked, transported and easily unpacked for sale.
Read More

April 2024: Spring Softness Continues (cohereone.com)

Following a sluggish trend, shopper activity remained subdued in April. Although demand for apparel remained robust, other sectors experienced declines compared to the previous year. Despite economic challenges such as inflation, consumer engagement persists, contributing to our optimistic outlook for 2024. While the economy is expected to slow in the upcoming months, steady growth is still anticipated throughout the year. The National Retail Federation predicts retail sales will increase 2.5% to 3.5% in 2024, signaling a return to pre-pandemic growth levels. Monitoring this trend closely, especially as we transition into Q2, will be crucial.
Read More

Target lowers prices on thousands of products in bid to boost sales (digitalcommerce360.com)

Target Corp. announced it will reduce prices on about 5,000 items across its stores and website this summer. The retailer already lowered prices on 1,500 products, with the rest to take effect in coming months. The price changes will be on everyday items that consumers frequently buy, Target said. Products will be marked with red tags in stores and online, the retailer added. “We know consumers are feeling pressured to make the most of their budget, and Target is here to help them save more,” said Rick Gomez, executive vice president and chief food, essentials and beauty officer, in a statement.
Read More

Macy’s, Inc. Reports First Quarter 2024 Results

First Quarter Highlights *Diluted earnings per share of $0.22 and Adjusted diluted earnings per share of $0.27. *Net sales of $4.8 billion, down 2.7% versus the first quarter of 2023. *Comparable sales down 1.2% on an owned basis and down 0.3% on an owned-plus-licensed-plus-marketplace basis. *Gross margin rate for the quarter was 39.2%, down from 40.0% in the first quarter of 2023
Read More

Preliminary results of transaction verification loop in Vietnam

The preliminary results of the transaction verification (TV) loop on Vietnamese wood supply chains indicate that there are some potential discrepancies in transactions reported by the certificate holders included in this TV loop. Several suppliers declared fewer sales than the purchases reported by their customers. In May 2023, FSC and its assurance partner – Assurance Services International (ASI) – launched this TV loop to identify the volumes and species of certified wood harvested in Vietnam. Through this TV loop, FSC and ASI also aim to trace supply chains of raw materials used for wood pellets production. The original scope of the TV loop included 424 certificate holders – 368 chain of custody and 56 forest management certificates; they were requested to submit their transaction data for 2022. However, 17 certificate holders did not respond, and their certificates were suspended by their respective certification bodies, some of which were subsequently terminated.
Read More

Stretch Film Recycling: Atlantic Packaging & Coca-Cola Consolidated

We’re excited to announce that in partnership with our valued customer, Coca-Cola Consolidated, our Stretch Film Recycling Program is currently creating post-consumer recycled (PCR) resin from used and recaptured stretch film! To reduce carbon emissions and the use of virgin material, we are creating a pilot closed-loop system for Coca-Cola Consolidated’s stretch film by reclaiming the high-quality film that we sell them so that it can be reused in new stretch film applications. Stretch film is essential for business-to-business logistics and allows pallets of products to make it safely through the supply chain efficiently and without damage.
Read More

Stora Enso postpones conversion of paper machine at its Langerbrugge paper mill (papnews.com)

Stora Enso has decided to postpone potential plans to convert a paper machine at its Langerbrugge paper mill in Belgium from the production of recycled newsprint to recycled containerboard. Currently, the Langerbrugge mill has two machines: one produces recycled newsprint and the other produces recycled supercalendered magazine paper. The mill has the capacity to produce 540,000 tonnes per year of recycled paper. “Our study on the opportunity to deliver more recycled packaging to the market proved positive. However, as the availability of recycled containerboard in Europe currently meets market needs, we decided to postpone the conversion decision, which will be taken in due time.
Read More

Nekoosa: Introducing NextBond™ UV-Cured Durable Adhesive

Nekoosa announces the launch of NextBond™ UV-cured durable adhesive, a robust, eco-friendly and cost-effective alternative to traditional solvent-based adhesives for long-term print applications like displays, decals and signage. NextBond™ is a solvent-free, non-toxic durable adhesive solution. Nekoosa streamlined the product process by curing the NextBond™ adhesive inline with UV lamps and removing all hazardous waste and harmful VOCs. Also, NextBond™ will not shrink and maintains adhesion strength when exposed to challenging outdoor environmental and chemical conditions, making it ideal for long-term printed graphics.
Read More

Billerud decides on a new direction to transform production in the US towards packaging materials

Billerud’s Board of Directors has decided to not proceed with plans to convert its Escanaba mill to cartonboard production. Instead, the company will target to shift its product mix gradually towards packaging materials in North America with a moderate investment level. “After in-depth feasibility studies, evaluations, and supplier discussions, we have concluded that the projected return on investment is not sufficiently attractive to proceed with the conversion of Escanaba to cartonboard production. During the process, conditions have changed and the cost of equipment and services necessary to transform the operations have greatly increased. Instead, we will pursue a higher returning and more moderate investment strategy for our North American mills going forward,” says Ivar Vatne, President and CEO of Billerud.
Read More

Fedrigoni announces the acquisition of POLI-TAPE

The Fedrigoni Group - a leading global player in the manufacturing of specialty papers for luxury packaging and other creative applications, self-adhesive labels and graphic materials, as well as RFID and connected solutions - announced that it has entered into an agreement to acquire a majority stake in POLI-TAPE Group, internationally recognized for the production of high-quality materials for graphic applications, including textile, signage, digital printing and specialties. The POLI-TAPE Group, founded in 1993 and headquartered in Remagen, Germany, employees 370 people located in Germany (incl. two production sites), Italy (incl. two production sites) and Oklahoma, USA (focused on distribution); while its products are distributed in more than 90 countries. Its majority shareholder is the Möhren family along with the Bitburger Group as minority shareholder. The Möhren family will retain a significant share to ensure a smooth transition, during which the POLI-TAPE Management team led by Mark Wehrmann will continue to serve its long-standing customers and partners globally.
Read More

Mittera Acquires Selected Assets of Michigan-based Commercial Print Company, Rogers Printing Inc.

Mittera announced the acquisition of select business assets of Rogers Printing Inc., a family-operated commercial printing business and one of the oldest companies in the state of Michigan. Rogers Printing is a leader in sheetfed and web printing with customers across the United States. With a storied history of innovation and dedication to service, Rogers Printing has played a pivotal role in the printing industry for over a century. Under the stewardship of the Rogers family, spanning four generations, the company has continually adapted to technological advancements while maintaining a steadfast commitment to service. “Our foundational commitment to the long-term needs of our trusted client partners will be reinforced, ensuring their continued growth while benefiting from expanded capabilities and a larger network of resources with Mittera’s platform,” said Tom Rogers, President and CEO of Rogers Printing.
Read More

REI kicks off its Anniversary Sale, the co-op’s biggest sale of the year

Specialty outdoor retailer REI Co-op celebrates its members and kicks off the hiking and camping season with the return of its biggest sale of the year. REI’s Anniversary Sale runs May 17 – 27 with major savings on favorite outdoor gear and apparel brands that inspire outdoor adventures all summer. The sale includes deals for everyone, with the deepest savings and special offers available just for co-op members, including savings on all REI Co-op brand gear, clothing, footwear, and bikes. “The co-op has been sharing the love of the outdoors with our members for 86 years,” says Ben Steele, REI executive vice president and chief customer officer. “We continue the tradition on with the Anniversary Sale, one of our favorite ways to celebrate our members with some of the biggest savings on the best gear and apparel.”
Read More

CFO and Deputy CEO Seppo Parvi leaves Stora Enso during the fourth quarter of 2024

Stora Enso's Chief Financial Officer and Deputy CEO, Seppo Parvi, has decided to leave Stora Enso to assume a role with a company outside of the forest industry. He will leave Stora Enso during the fourth quarter of 2024. “Since joining in 2014, Seppo Parvi has, in his role as CFO and member of Stora Enso’s Group Leadership Team, been integral in transforming Stora Enso to ‘The renewable materials company’. He has also played an important role as Stora Enso’s Country Manager Finland, and in developing the forest industry more broadly. On behalf of Stora Enso, I want to express our sincere gratitude for Seppo’s significant contributions to Stora Enso and wish him the very best in his future endeavours,” says Hans Sohlström, President and CEO of Stora Enso.
Read More

AF&PA Details U.S. Paper Production and Capacity Trends in Annual Survey

The American Forest & Paper Association (AF&PA) today released the 64th Paper Industry Annual Capacity and Fiber Consumption Survey. The report provides detailed data on U.S. paper industry capacity and production compiled by the AF&PA statistics team. U.S. paper and paperboard capacity declined by 1.6% in 2023, to 79.7 million tons. That compares to an average decline of 0.9% per year since 2014. U.S. paper and paperboard production declined 7.2% last year, with declines in all categories except tissue.
Read More

LESSEAU® Double Winner at Interclean Amsterdam 2024

LESSEAU®, the pioneering touchless dispensing and solid hand wash technology brought to you through a partnership between Diversey – A Solenis Company and Slimstones B.V., earned the prestigious Amsterdam Innovation Award in the Sustainability & Environment category. Notably, LESSEAU was also named the Overall Winner of the Amsterdam Innovation Award, marking a significant achievement for sustainability and innovation in the cleaning and hygiene industry. Compared to liquid hand washing soap, LESSEAU hand wash bars contain 95% less water and are significantly smaller, lighter and have zero plastic packaging. The Amsterdam Innovation Award, granted every two years to the most innovative products, services or solutions, represents an exceptional accomplishment. LESSEAU’s triumph in the Sustainability & Environment category and its recognition as the Overall Winner underscore its commitment to revolutionizing hand hygiene platforms by eliminating single-use plastics and promoting sustainability across the industry.
Read More

Bertelsmann Closes Once-Iconic Offset Paperback Manufacturers (OPM) Book Printing Plant (piworld.com)

The final chapter has been written for Offset Paperback Manufacturers (OPM), based in Dallas, Pa., with the end of May closure of what, in its heyday, was reportedly the largest paperback book manufacturing plant in the world — employing nearly 1,000 unionized workers, within a 24/7 operation, and capable of producing more than 250 million books per year. Founded in 1972, several generations of local families were employed at the OPM Back Mountain facility, but the employee head counts had dwindled over the years with various rounds of cutbacks and retirements. CapEx investments were also not being made at OPM to replace what was an aging fleet of offset presses and ancillary equipment, which impacted OPM's efficiency and operating cost structure.
Read More

AAP StatShot Report Covering First Quarter of the 2024: Overall Industry Was Flat

Total revenues across all categories for the first quarter of the year were up 0.2% as compared to the first three months of 2023, coming in at $3 billion. Trade (Consumer Books) sales were down 2.8% during the first three months of the year, coming in at $2.1 billion. In terms of physical paper format revenues during the first quarter, in the Trade (Consumer Books) category, Hardback revenues were down 4.9%, coming in at $733.2 million; Paperbacks were down 3.4%, with $756.1 million in revenue; Mass Market was down 25.7% to $31.0 million; and Special Bindings were down 7.8%, with $48.5 million in revenue. eBook revenues were down 1.5% as compared to the first three months of 2023, for a total of $255.6 million. Digital Audio was up 15.3% for the first three months, coming in at $243.6 million in revenue. Physical Audio was down 29.1% coming in at $2.1 million.
Read More

Amazon Prevails In Privacy Battle Over Alexa Ad Targeting (mediapost.com)

Siding with Amazon, a federal appellate court refused to revive a class-action complaint alleging that the company wrongly targets ads to consumers based on their interactions with Alexa-enabled devices. In an unsigned opinion issued Thursday, a three-judge panel of the 9th Circuit Court of Appeals upheld U.S. District Court Judge Barbara Rothstein's ruling that Amazon notified users about its practices in a privacy policy. “The district court correctly found that Amazon disclosed the relevant conduct in its privacy notice,” Circuit Judges Danielle Forrest, Patrick Joseph Bumatay and District Court Judge James Donato wrote.
Read More

BPIF Printing Outlook Q2 2024

The UK’s printing and printed packaging industry has performed positively in terms of output and order growth in Q1, though lacking any dramatic improvements. However, the confidence outlook has undoubtedly taken a step up for Q2 – and orders and output are expected to grow more strongly. The BPIF has published its latest Printing Outlook report, the Q2 2024 edition shows that output and orders growth didn’t quite match the expectations for Q1, but we have now had two consecutive quarters of growth, which is more than we have had since 2022. Printing industry activity is expected to experience a stronger pick-up in Q2.
Read More

Update on the Brazilian Merger Review Process for the Sale of Terphane to Oben Group

Tredegar announced that, as part of the Brazilian merger review process regarding the sale of Terphane to Oben Group, the General Superintendence of the Administrative Council for Economic Defense issued a non-binding opinion recommending the rejection of the transaction. Following this first stage of the two-stage Brazilian merger review process for complex transactions, the case will now be submitted to the CADE Tribunal, in accordance with the customary Brazilian merger review process. Once the case is submitted to the Tribunal, the parties are given a full opportunity to present evidence in favor of clearing the transaction. The SG Opinion is not binding and the final decision regarding the transaction will eventually be rendered by the Tribunal, which will begin its independent analysis now. John Steitz, Tredegar’s president and chief executive officer, said, “We remain confident that the sale of Terphane to Oben Group will be a positive development for the flexible packaging films market in Brazil. Tredegar has been fully cooperative with SG-CADE and will continue to cooperate with the CADE Tribunal to address any concerns. During the Tribunal’s review, Tredegar and Oben will detail their views on the market, its dynamics and the positive effects that would result from the transaction.”
Read More

International Paper Publishes 2023 Sustainability Report

For more than 125 years, IP has championed the sustainable management of natural resources. As part of its commitment to build a better future, IP advances its Vision 2030 goals and targets in order to deliver sustainable outcomes through our businesses. "Guided by Vision 2030, our sustainability framework, IP has continuously worked alongside customers and strategic partners to become a leader in renewable fiber-based solutions and to help facilitate a low carbon, circular economy," said Sophie Beckham, Vice President and Chief Sustainability Officer, International Paper. International Paper reported pursuant to the Task Force on Climate-related Financial Disclosures (TCFD) and also responded to CDP's (Carbon Disclosure Project) Climate Change, Forest and Water Security questionnaires to transparently disclose risks and opportunities in those core areas of sustainability.
Read More

Metsä Board, Adara Pakkaus and Marvaco win Excellence in Flexography Award

Metsä Board’s Twisty Ice Cream Boxes by Adara Pakkaus have been bestowed a 2024 Excellence in the Flexography Award’s Self Promotion Category. The Excellence in Flexography Awards is the premier awards programme for the flexographic industry in the United States. By collaborating with industry leaders, Metsä Board re-designed a favorite of the frozen food aisle: ice cream cone packaging. The team investigated different stages of the value chain, ranging from material production to ink usage and logistics, showcasing new possibilities using carefully selected lightweight fresh fibre materials and flexographic printing methods to achieve excellent usability and unparalleled halftone graphics in extreme high 188 lpi print resolution. The team included packaging designers at Futupack, packaging manufacturer Adara Pakkaus, flexo printing plates supplier Marvaco, ink supplier Siegwerk and ECG printing specialist Dr Kai Lankinen, who consulted on the project.
Read More

ANDRITZ to deliver a complete OCC line including a reject treatment system to Indah Kiat, Indonesia

International technology group ANDRITZ has received an order from lndah Kiat Pulp & Paper TBK to supply a complete old corrugated containers (OCC) line including a reject treatment system to the mill in Karawang, Jawa Barat, Indonesia. The new OCC line will have a design capacity of 2,000 bdmt/d and process a mixture of OCC, mixed waste and up to 30% American OCC as raw material to produce testliner. Based on the latest technology available, it will provide high pulp quality at cost-efficient and resource-saving operation. The collaboration between lndah Kiat Pulp & Paper TBK and ANDRITZ will support Indah Kiat’s stable and sustainable growth, driving the company’s production to new heights. Start-up of the new line is scheduled for the end of 2024.
Read More

Hugues Simon to succeed Mario Plourde as President and CEO of Cascades

Cascades Inc. announces the appointment of Mr. Hugues Simon as its new President and CEO. Currently President of the Wood Products business at Resolute Forest Products, Mr. Simon will assume his new role no later than July 1, 2024. The appointment follows an extensive succession planning and recruitment process, supported by an international firm, in anticipation of Mario Plourde’s planned retirement. After more than 11 years at the helm of the Company, Mr. Plourde will support the new President and CEO during a transition period lasting until December 2024, after which he will act as a Special Advisor. A graduate in administration from the Université de Sherbrooke, Hugues Simon has over 30 years of experience in key positions in the manufacturing sector, including as President, of the Wood Products business at Resolute Forest Products. Previously, Mr. Simon was President of BarretteWood Inc., where he worked from 2012 to 2020.
Read More

Walmart Releases Q1 FY25 Earnings

First Quarter Highlights • Consolidated revenue of $161.5 billion, up 6.0%, or 5.8% (cc)1, including a benefit of ~1% from an additional selling day • Consolidated gross margin rate up 42bps due to improvements across segments, led by Walmart U.S. • Consolidated operating income up $0.6 billion, or 9.6%; adjusted operating income up 13.7%1 , due to higher gross margins and growth in membership income • Global eCommerce sales grew 21%, led by storefulfilled pickup & delivery and marketplace
Read More

IAE Rolls Out ‘Greenwash Prevention Toolkit’ (mediapost.com)

The Institute for Advertising Ethics (IAE), which in February announced it was expanding its curriculum and certification program to include so-called "greenwashing" prevention, this morning unveiled a new "Greenwash Prevention Toolkit" to help individuals and companies in the ad industry avoid the practice. The toolkit includes a new "Environmental Advertising Integrity Checklist," a guide on "Prevention Mechanisms," and a template for planning strategies over windows ranging from 30-days to one year.
Read More

DS Smith launches “Customer Innovation Hub” in Madrid to facilitate collaboration with customers and develop sustainable fibre-based packaging solutions

The customer focused innovation centre will help brands and manufacturers to meet increasing consumer demand for sustainable products and contribute towards a circular economy. The state-of-the-art technology and the synergies established in the centre will provide the opportunity for customers and visitors to explore and share sustainable packaging solutions in an interactive environment. The learning experience will allow for flexible exploration around sustainable and circular ready packaging for brands and manufacturers in the Iberian region and with a focus on a variety of sectors from e-commerce and FMCG, to automotive and industrials. Customers and visitors have access to state-of-the-art digital tools such as 360º cameras and LED screens, and virtual and augmented reality experiences. 3D technology is installed to reveal market-ready solutions in real time and demonstrate the developmental processes behind innovative new customized prototypes.
Read More

Resolute and Greenpeace Parties Announce the Conclusion of Long-Running Litigations

Resolute Forest Products, Greenpeace, Inc., Greenpeace Fund, Inc., and Greenpeace International announced that they have resolved Resolute Forest Products, Inc. et al. v. Greenpeace International et al., No. 3:17-cv-02824-JST (N.D. Cal. 2016). Resolute Forest Products and Greenpeace Canada also announced that they have resolved Resolute Forest Products, Inc. et al. v. Greenpeace Canada et al. (Ontario Superior Court of Justice). All parties are pleased that they have turned the page on these long-running litigations. The Greenpeace parties have no knowledge of illegal operations in off-limit areas by Resolute. Greenpeace, Inc., Greenpeace International and Greenpeace Canada state that their criticism was always directed at Resolute’s legal operations in certain forests that Greenpeace believes require more protection. Greenpeace states that it will continue to advocate for protection of the environment. Resolute states that it is committed to the sustainability of the boreal forest and prosperity of its communities. Resolute and Greenpeace agree everyone should be part of this discussion and to raise concerns with each other in an attempt to resolve factual disagreements.
Read More

Koehler Paper Has Launched a Feasibility Study for Wind Energy in the Rhine Port of Kehl

Koehler Paper and Badische Stahlwerke (BSW), a steel producer, have teamed up with the Rhine port of Kehl to study the feasibility of harvesting wind energy at the port facilities. They hope to find out if building wind turbines is a feasible solution to suppling their own energy at the companies' sites in Kehl. Energy cost in Germany have risen drastically in the last two years – a huge challenge for energy intensive companies like Koehler Paper and Badische Stahlwerke, especially given the intense international competition faced by both companies. At the same time, both companies need to source a significant quantity of electricity from renewables to meet the climate goals of the German national government and the government of the state of Baden-Württemberg, as well as the self-imposed climate goals of the companies themselves. A species protection assessment and an environmental impact study have already been commissioned. Wind measurements are now scheduled to start in June. The feasibility study also includes an analysis of noise emissions and economic viability. The feasibility study is scheduled to last through the summer of 2025, and should indicate whether the site is suitable for wind turbines.
Read More

Give your feedback on amendment proposals to the PEFC Sustainable Forest Management standard for EUDR alignment

Stakeholders globally are invited to give their feedback on the proposed amendments to the PEFC Sustainable Forest Management standard (ST 1003) to achieve alignment with the EUDR requirements. Deadline for comments is 13 July 2024. To ensure that PEFC-certified raw material coming out of PEFC-certified forests is EUDR compliant, the PEFC SFM Working Group has added and amended a number of requirements to the PEFC Sustainable Forest Management standard (ST 1003). Now we need your feedback on these new and amended requirements. The public consultation is open now and you have until 13 July 2024 to give your comments. Please note, we will only accept comments on the new and amended requirements, any comments given on requirements outside this scope will not be considered.
Read More

Metsä Group completed the sale of its Russian subsidiaries to VLP Group

Metsä Group has on 13 May 2024 completed a transaction in which the ownership in the group’s Russian subsidiaries Metsä Svir LLC, Metsä Forest St. Petersburg LLC, Metsä Forest Podporozhye LLC and Metsä Board Rus LLC has transferred to VLP Group. The parties have agreed not to disclose the purchase price of the transaction. VLP Group operates in forestry and forest industry mainly in Vologda region, Russia. Metsä Group held a minority ownership in VLP Group during 2003–2017. In 2022 Metsä Group stopped its business operations in Russia, including the operations of the Svir sawmill, wood procurement and paperboard sales. As result of the completed transaction Metsä Group does not hold any assets in Russia anymore.
Read More

Tetra Pak commits to taking action for nature

Ahead of the United Nation’s International Day of Biodiversity on 22nd May, Tetra Pak has announced the launch of its ‘Approach to Nature’ - a comprehensive framework that defines the company’s contribution to halting and reversing nature loss and enhancing water security. The approach aligns with global targets, including those outlined in the Biodiversity Plan that calls for action to halt biodiversity loss and put nature on a path to recovery for the benefit of all life on earth.1 A report from the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) shows that nature is deteriorating at rates unprecedented in human history, largely due to human activity.2 Global food systems are identified as the main drivers of nature loss,3 with wide-reaching impacts that threaten global economies, livelihoods and food security.4 Recognising this complex interdependency and building on a thorough evaluation of nature-related impacts and dependencies, Tetra Pak’s ambitious new ‘Approach to Nature’ aims to manage the impacts of the company’s value chain on nature and to support the restoration of ecosystems.5
Read More

World corrugated packaging market returns to growth trajectory (smithers.com)

Smithers anticipates major changes as $231.7 billion world corrugated packaging market returns to growth trajectory. Global containerboard and corrugated board demand are facing a series of challenges and shifts in market dynamics across the next five years. These are expertly profiled, and quantified in the new market data report – The Future of Global Corrugated Packaging to 2029 – from Smithers. Published today, its in-depth analysis of capacity changes, pulp pricing, and end-user demands shows that in 2023, global containerboard production was 183.4 million metric tons, a -4% decline on 2022. These were converted into around 165 million tons of corrugated board, a decrease of more than -7% on 2022; with value reaching $224.4 billion. This reflects the end of the period of disruption in world supply that began in 2020 with Covid-19, which was characterized by disruption to global logistics impacting demand, price fluctuations leading to high inventories, and subsequent destocking.
Read More

GreenFirst Reports Financial Results for the First Quarter of 2024

Highlights • Q1 2024 net loss from continuing operations was $13.4 million compared to net loss of $21.6 million in Q4 2023. • Average lumber prices for Q1 2024 were higher than Q4 2023, with an average selling price of $626/mfbm compared to $601/mfbm in Q4 2023. • The valuation provision for lumber and log inventory was decreased to $1.0 million from $4.3 million at the end of Q4 2023, generating a $3.3 million credit to lumber cost of sales in Q1 2024. • Our lower duty rate has positively impacted the Company’s earnings and free cash flow since August 1, 2023. • There continues to be downward pressure on newsprint and paper products prices in North America.
Read More

Mondi takes another slice of sustainable packaging by teaming up with Scan Sverige

Mondi has collaborated with Scan Sverige to create a polypropylene (PP) based mono-material packaging, that is designed for recycling. HKScan Sweden, having over a century experience in responsible Swedish food production, uses Mondi’s WalletPack for its Pärsons brand’s range of sliced ham, salami, and plant-based products, starting from March 2024. Mondi’s WalletPack is a PP based solution which is designed for recyclability. This packaging is purposefully developed with recycling in mind, aligning with our customer’s goals, and NPA's missions as an approved producer responsibility organisation dedicated to advancing circular and traceable material recycling. WalletPack can be effectively sorted by Site Zero, Europe’s largest and most advanced plastic recycling facility located in Sweden and is thereby contributing to a circular economy. It replaces the previous solution, which was an unrecyclable multi-material pack that consisted of PET-PE and PA-PE laminates.
Read More

Diversey Launches New Oxivir® Three 64 Next-Generation AHP® Concentrate Disinfectant Cleaner

Diversey has added Oxivir® Three 64 to its leading Oxivir product line. Oxivir Three 64 is a new one-step, hospital disinfectant cleaner that is bactericidal, virucidal and fungicidal all in three minutes at a 1:64 dilution. With more than 70 disinfectant claims, it now leads Diversey’s concentrate lineup of Accelerated Hydrogen Peroxide® (AHP®) dilution control products, making it fast, effective, responsible and sustainable. Like other members of the Diversey Oxivir family, Oxivir Three 64 in use has the best possible safety rating (category IV). Designed for healthcare environments, the solution is tough enough to clean and disinfect surfaces and equipment in one pass while being gentle on staff and surfaces. It is nonirritating to skin and eyes, requires no personal protective equipment and is compatible with most common healthcare surfaces and equipment. In addition to being effective as a one-step, multi-surface, multipurpose disinfectant cleaner, Oxivir Three 64 is an EPA-approved soft surface sanitizer.
Read More

All papers certified – a remarkable milestone for responsible sourcing and climate action

Paper is by far the highest volume raw material component in UPM Raflatac self-adhesive labels, and therefore we have no room for compromises in sustainability. At the end of 2023 we reached a remarkable milestone when we achieved our target of 100% certified paper six years ahead of time. In practice it means that all papers we source from year 2024 onwards, whether used as a face paper or a release liner in our labeling materials, are certified under a credible third-party forest certification scheme. Purchasing only certified paper is one of our 2030 responsible sourcing and climate targets. We believe that third-party forest certification is one of the key ways to ensure the sustainability of our paper supply chain, along with supplier assessment, related development activities, and continuous risk monitoring and management. As our paper face and liner materials come from a large number of paper supplier sites, reaching this goal required systematic work and close collaboration with our suppliers. Increasing the share of certified papers was discussed in annual negotiations with the suppliers who supported our target by lowering and removing the hurdles of this development.
Read More

DeJoy agrees to pause some USPS facility changes until 2025 (federalnewsnetwork.com)

The Postal Service is putting an early step in its network modernization plan on hold, after a bipartisan group of senators told the agency to slow down implementation. Postmaster General Louis DeJoy told Sen. Gary Peters (D-Mich.) in a letter last week that USPS will pause the movement of mail processing operations at facilities across the country. Nearly 60 USPS facilities — out of 427 — have initiated Mail Processing Facility Reviews to determine whether the agency should move some of its mail processing operations to larger regional hubs. DeJoy told Peters USPS will put these changes on hold “at least” until Jan. 1, 2025. “Even then, we will not advance these efforts without advising you of our plans to do so, and then only at a moderated pace of implementation,” DeJoy wrote in a May 9 letter.
Read More

U.S. Postal Service Recommends New Prices for Parcel Select

The U.S, Postal Service filed notice with the Postal Regulatory Commission (PRC) for Parcel Select price changes to take effect July 14, 2024. The proposed adjustments were approved by the Postal Service Governors this week. If favorably reviewed by the Commission, the new rates include an average 25-percent increase for Parcel Select service. Parcel Select is a shipping solution for high volume shippers to enter packages for regional delivery through the U.S. Postal Service’s network. As a strategic part of the Delivering for America 10-year plan, these proposed changes will support the Postal Service in creating a revitalized organization capable of achieving our public service mission – providing a nationwide, integrated network for the delivery of mail and packages at least six days a week – in a cost-effective and financially sustainable manner over the long term, just as the U.S. Congress has intended.
Read More

Vermont Passes Privacy Law That Would Allow Suits By Consumers (mediapost.com)

Vermont lawmakers early Saturday morning passed a comprehensive privacy bill that would limit the amount of data that companies can collect, impose restrictions on online ad targeting, and allow consumers to bring private lawsuits in some circumstances. If enacted, the bill would require companies to enable consumers to opt out of targeted advertising -- meaning ads served based on non-sensitive data collected across distinctly branded sites or apps. The measure also would explicitly obligate companies to honor opt-outs made through mechanisms like the Global Privacy Control, which transmits opt-out requests to every site consumers visit.
Read More

Trucking Industry Commends Senate Passage of Diesel Emissions Reduction Act

The trucking industry applauded the Senate’s passage of the Diesel Emissions Reduction Act (DERA) of 2023, which would reauthorize the DERA program through fiscal year 2029 at $100 million annually. The bill will now be considered by the House of Representatives. DERA provides federal grants and rebates to help finance the voluntary replacement or retrofits of heavy-duty diesel vehicles and engines. By helping to upgrade tens of thousands of vehicles over nearly two decades, DERA is responsible for saving more than 520 million gallons of fuel. Replacing older vehicles is critical to protecting the environment because advancements in clean diesel engine technology have resulted in substantially lower emissions. In fact, it would take 60 of today’s trucks to emit what just one truck did in 1988. A newly manufactured truck produces half the CO2 emissions of one manufactured in 2010.
Read More
Back To Top
×Close search
Search