Ahlstrom-Munksjö launches CelluStrawTM, a new fiber-based solution for drinking paper straws, enabling the food industry to provide consumers an alternative to single-use plastic straws. Ahlstrom-Munksjö contributes to a better everyday life by providing solutions that make the end product more sustainable, utilizing renewable materials that are alternatives to non-renewables; an important driver in several markets. The launch of CelluStrawTM is a good example of Ahlstrom-Munksjö’s capabilities in sustainable fiber-based solutions.
Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its first quarter ended March 30, 2019. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise indicated, comparisons are to the same period in the prior year. “Our Q1 performance was solid, given a challenging start to the year, with adjusted earnings in line with our expectations,” said Mitch Butier, President and CEO.
Yrityskylä is a society for school children and 75% of Finland’s sixth grade pupils have already paid it a visit. Yrityskylä is a learning programme that culminates in a day spent in a learning environment: a miniature city where students work in a profession and earn money for their work. In addition, the students act as consumers and citizens, as part of Finnish society. Every Yrityskylä is unique and reflects the economic structure of the surrounding area. This miniature city is comprised of real public services and enterprises and contributes to the development of students’ economic knowledge and working life skills. UPM is one of the first partners of Yrityskylä.
Amcor has launched AmLite Ultra Recyclable, its first packaging product made from the company’s revolutionary, more sustainable high-barrier polyolefin film that the company announced last year. The new high-barrier laminate can package a range of food, home and personal care, and pharmaceutical products, and be recycled in existing polyolefin recycling streams.
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of rigid packaging for consumer goods products, today reported first quarter 2019 net income of $46.7 million, or $0.42 per diluted share, as compared to first quarter 2018 net income of $45.7 million, or $0.41 per diluted share. “We are pleased with our first quarter 2019 results, as we reported record adjusted net income per diluted share of $0.46, an increase of approximately 10 percent over the record first quarter last year,” said Tony Allott, Chairman and CEO. “Our metal container business performed better than expected primarily due to better than anticipated volumes.
Airbags are products that require very specific and rigorous packaging, as they incorporate explosive material, which is what activates the airbag in the event of a collision. Therefore, the packaging that transports them must meet a series of requirements contained in the legislation for the transport of Class 9 dangerous goods. One of these requirements is that the packaging must pass the Bonfire test, which consists of burning the container in a controlled manner and observing the behavior of the airbags after their explosion.
According to the “2019 Flexible Packaging Assessment Report” by PMMI Business Intelligence, the continued trend for sustainable options has influenced the flexible packaging market through various methods such as 3D printing, and the use of new stains and films.
Sustainability is the future, which is why Canon U.S.A., Inc., a leader in digital imaging solutions, finds it a privilege to announce and celebrate that the Company’s enterprise division has now lent a decade of support to the Arbor Day Foundation’s reforestation program. Since 2009, the company’s enterprise division helped contribute to the planting of more than 500,000 trees in the U.S., with this year’s efforts counting toward the Arbor Day Foundation’s Time for Trees initiative, under which the Arbor Day Foundation seeks to plant 100 million trees worldwide by 2022.
Oil prices hovered around six-month highs on Wednesday after data showing rising U.S. stocks countered fears of tight supply resulting from OPEC output cuts and U.S. sanctions on Venezuela and Iran. U.S. crude stocks rose by 6.9 million barrels last week, more than expected, data from the industry group American Petroleum Institute showed on Tuesday. Official stocks figures are due at 1430 GMT on Wednesday.
The fifth annual Independent Bookstore Day (IBD) takes place on Saturday, April 27, with 580 stores participating, up from 507 last year. The largest concentration of participants is in the New England and Mid-Atlantic region, where a total of more than 170 stores have signed on according to the IBD map; California has the next largest number of participants, at 95, with the Midwest counting 93 stores participating. The American Booksellers Association, Penguin Random House and Ingram are the principle sponsors of the day, and novelist Tayari Jones is serving as IBD ambassador.