American Forest & Paper Association Releases April 2021 Packaging Papers Monthly Report

Greif, Inc. announced it has acquired Reliance Products, Ltd., a leading producer of high-performance barrier and conventional blow molded jerrycans and small plastic containers in Canada. The all-cash transaction, which reflects approximately 6.75x proforma adjusted EBITDA, was funded through Greif's existing credit facility. With a single operating location in Winnipeg, Canada, Reliance's operations are strategically located to serve the primary agriculture markets in North America. Reliance products utilize a unique in-mold fluorination barrier (IMF) process which provides a compelling additional capability to the Greif portfolio of barrier technologies.

Rocket sport cap offers visual consumer safety through a yellow-colored band that indicates whether the packaging has been opened on store shelves or at home. This solution redefines beverage packaging safety standards as the first one in the market providing a visual and intuitive non-detachable tamper evidence indicator. “Aptar is dedicated to creating solutions based directly on consumer feedback,” Nguyen Hoang, Sebastien, global business development director beverage, said. “Rocket was born from consumer insights to offer visual safety that provides reassurance, in addition to an improved drinking experience that brings the comfort and convenience consumers value.” In addition to its visible safety, Rocket provides further safety to consumers with its “no-dust”, double-wall lid design that protects the spout from external contaminants, in addition to being designed to adhere to child safety standards (BSDA & EN 71*). A large finger recess and audible closing “click” sound makes opening and closing Rocket easy and reassuring for consumers.

Monadnock Paper Mills, Inc. has entered into an exclusive licensing agreement with HS Manufacturing Group, LLC for the use of their proprietary HS SILVA™ plant-based coating and additive chemistry. The functional characteristics afforded by HS SILVA™, combined with well-formed fiber-based substrates, result in products with oil and grease-resistant properties and/or significantly improved water resistance for applications like outdoor signage, horticultural labels and tags. While having improved durability these substrates will be 100 percent recyclable, 100 percent biodegradable and 100 percent compostable. “We’ve partnered with HSMG over the last several years and have successfully used their unique chemistry to produce uncoated and coated paper products in a wide variety of applications.” said Paul Ciccone, Vice President of Research and Development for Monadnock. “We can create paper based products tailored to meet your needs while meeting the market requirements of recyclability and biodegradability.” Click Read More below for additional information.