Aptar Pharma Receives InnoPack 2020 China Award

The company reported net sales of $426.5 million for the third quarter of 2017, down 2.0% compared to net sales of $435.3 million for the third quarter of 2016. Net earnings determined in accordance with generally accepted accounting principles, or GAAP, for the third quarter of 2017 were $0.9 million, or $0.05 per diluted share, comparable to net earnings for the third quarter of 2016 of $0.9 million, or $0.05 per diluted share, as a $2.4 million tax benefit from Federal tax credits in the third quarter of 2017 more than offset a pre-tax loss of $2.2 million for the quarter. Excluding certain non-core items identified in the attached Reconciliation of Non-GAAP Financial Measures, third quarter 2017 adjusted net earnings were $5.3 million, or $0.32 per diluted share, compared to third quarter 2016 adjusted net earnings of $2.4 million, or $0.14 per diluted share. Earnings before interest, taxes, depreciation and amortization, or EBITDA, were $31.3 million for the third quarter of 2017 compared to $32.0 million for the third quarter of 2016. Adjusted EBITDA for the quarter was $37.6 million, up 9.7% compared to third quarter 2016 Adjusted EBITDA of $34.3 million. Click Read More below for additional information.

In March 2022, we received three recognitions for product innovations for their technical excellence, sustainability performance, and enhanced consumer experiences by DOW Packaging Innovation Awards 2021. Here is how we win to make a difference for our customers – where it matters. Our multiple award-winning Sundae cup and lid received the Diamond Finalist award at the Packaging Innovation Awards. Behind the success of this innovation is the fact that the fiber-based cup and lid are made from 100% renewable resources, with wood fibers from sustainably managed forests. They are recyclable and compostable. Moreover, this plant-based innovation provides the insulating effect needed from for ice cream packaging – also ensuring a great consumer experience. Our packaging innovation Nescafe Protect Proslim - the world’s first recyclable alu-foil free instant coffee stick received the Silver Winner Award at DOW Packaging Innovation Awards 2021. Nescafe Protect Proslim is designed to replace the aluminum instant coffee sticks with mixed polyolefin structure, making the packaging fully recyclable without compromising on product shelf-life. This product is a great example of helping our customers get ahead with sustainability without compromising on consumer preferences. We also received Silver for the Garnier Men Shampoo Color packaging innovation. We collaborated with our customer L’Oréal in India to develop this innovative product, which particularly helps enhance consumer experiences through its user-friendly design. The vast differences in the colorant and developer formulas mean that they have very different packaging needs. We successfully developed packaging that met the needs of both formulas of the color shampoo and can house the colorant and developer formula in the same sachet without them mixing until the time of use.

On April 20 PCA’s sheet plant in Roanoke, Virginia, hosted 35 students from Virginia Tech’s packaging program for their annual Plant Tour and Social Day. Students toured the box plant, watched a presentation about PCA and enjoyed lunch with employees. In addition to the Plant Tour and Social Day, PCA Roanoke is proud to partner with Virginia Tech in a number of other ways. The plant has hired a number of interns from the Packaging School, some of which have gone on to become PCA employees after graduation.