Cascades Inc. (TSX: CAS), a leader in the recovery and manufacturing of green packaging and tissue paper products, announces that it has entered into an agreement with its banking syndicate led by National Bank of Canada and Scotiabank as co-lead arrangers and joint book runners to extend and amend certain conditions of its existing $750 million revolving credit facility. The amendment provides that the term of the facility will be extended to July 2019 and that the applicable pricing grid will be slightly lowered to better reflect market conditions. The other existing financial conditions will remain essentially unchanged.
Eco-conscious companies and consumers have their eyes set on Bag-in-Box packaging solutions for their cleaning and beauty products. With exceptional environmental credentials such as a 60% lower carbon footprint, 85% less plastic and a 100% recyclable outer box, Bag-in-Box is the clear leader in terms of sustainability compared to traditional HDPE plastic bottles.
Not surprisingly, Aritha, the exciting new all-natural maker of soaps, shampoos and laundry liquids, recently selected Bag-in-Box as the preferred packaging for their products. In addition, they selected Mustang® Bag-in-Box dispensing tap to meet customer expectations in terms of convenient and easy-to-use dispensing.
“We believe in seeking out environmentally safe products and we want them to be honest and to work well. We care about our planet, its people and try to put that sentiment into real action,” according to the Aritha website.
Aritha provides a range of all-natural cleaning and personal hygiene products. They manufacture their soapberry-derived products as close as possible to areas of cultivation in the pristine Himalayan foothills to minimise their carbon footprint and pride themselves on doing things a little differently. Available exclusively through aritha.co.uk, this premium product is priced exclusively to ensure proper local wages and a production rate in line with what can be sustainably harvested.
more at: https://www.dssmith.com/plastics/about/newsroom/2019/7/bag-in-box-surges-in-personal-care-markets-as-companies-and-consumers-turn-to-sustainable-packaging