American Forest & Paper Association Releases February 2018 Boxboard Report

BillerudKorsnäs invests in the area of cold chain packaging as it acquires a minority holding in the innovative company Vericool Inc., headquartered in California. The company’s solutions enable sustainable and compostable packaging solutions for unbroken cold chains in the grocery and pharmaceutical market, intended as an alternative to non-sustainable packaging solutions, such as polystyrene (EPS).

Amcor announced that after nine years as Chief Executive Officer (CEO), Ron Delia has informed the Board of Directors of his decision to retire from the Company and step down from the Board for health reasons, effective April 15, 2024. The Board has appointed Peter Konieczny, Amcor’s current Chief Commercial Officer and a long-standing member of the Company’s Global Management Team, as Interim CEO. Mr. Delia will provide continued support in an advisory role until September 30, 2024, to facilitate the transition. The Board is conducting a thorough search process to identify a permanent successor for the CEO role, which will include internal and external candidates.

Amcor has developed a new hot-fill polyethylene terephthalate (PET) bottle for Colombia’s Nutrea/Frudelca’s breakthrough Frupro protein juice. The new beverage is the latest in a growing category that blends the benefits of natural juice with protein to appeal to health-conscious consumers. “We relied on Amcor as an important partner to deliver an innovative packaging solution that meets the performance test of this new functional beverage,” said Alejandor Gaviria, General Manager of Frudelca. Nutrea/Frudelca is a joint venture between Frudelca, a leading juice supplier, and Nutrea, a food and beverage company. Amcor is a pioneer in the development of PET heat-set technology, which allows beverages to be filled at temperatures up to 185°F (85°C) to ensure product quality and extended shelf life.