Canopy™ Debut at PACK EXPO 2023

The two companies will partner to provide circular solutions to the market. The investment in a complete recycling solution is set to significantly improve recycling throughout Central and Eastern Europe. The partnership, that follows a comprehensive feasibility study, sees the introduction of a large-scale carton repulping line at Stora Enso’s Ostrołęka production unit in Poland. The line will triple the annual recycling capacity of used beverage cartons in Poland from 25 000 to 75 000 tonnes. This will allow recycling of the entire volume of beverage cartons sold in the country and the ones coming from neighbouring countries, including Hungary, Slovakia and the Czech Republic. The total investment is EUR 29.1 million. Stora Enso will invest EUR 17 million into a new repulping line that will recover the carton fibers. Tetra Pak along with Plastigram will invest a total of EUR 12.1 million to build an additional line. It will recover and separately recycle the polymers and the aluminium, using a patented separation technology. Both lines will be operational in the beginning of 2023.

Q3 2021 Highlights *Net Sales were $1,782 million versus $1,698 million in the prior year quarter. *Net organic sales declined 1% during the quarter as supply chain and labor market constraints delayed sales; remain on track to achieve approximately 200 basis points of full year organic sales growth. *Net Income was $73 million versus $64 million in the prior year quarter. *Executing approximately $650 million in pricing actions to address commodity input cost inflation. *AR Packaging acquisition expected to close November 1st. *Coated recycled paperboard production on new K2 machine in Kalamazoo, Michigan on track for start-up in the fourth quarter.

The Paper & Packaging – How Life Unfolds® campaign revealed two new animated characters to further strengthen consumer connection to paper and packaging. The new industry brand ambassadors are a springboard for inspiring creativity, connection and achievement–qualities consumers around the world appreciate when using paper and paper-based packaging products. “Paper and packaging products are prevalent in our lives, and it was our goal to create highly-relatable characters to represent the vital roles that paper and packaging play for each and every one of us,” shares Mary Anne Hansan, president of the Paper and Packaging Board. “We launched the Paper & Packaging – How Life Unfolds® campaign in 2015, and we are thrilled to introduce these new characters to help consumers nationwide recognize and remember the value of paper in their everyday lives.” Click Read More below for additional information.