CANPACK Expands Capacity in Poland by around 1 Billion Cans

Second Quarter 2023 Highlights *Reported sales increased 6% and net income increased 31% to $83 million *Core sales increased 4% and adjusted EBITDA of $181 million increased 13% from the prior year *Pharma proprietary drug delivery systems grew across the majority of end-use categories *Beauty’s fragrance dispensing technologies had double-digit growth in the quarter *Issued new Corporate Sustainability Report highlighting ESG commitments and initiatives

Mondi is expanding production of its innovative range of paper-based EcoWicketBags. This comes in response to increasing demand for sustainable packaging in the home and personal care (HPC) industry, particularly for products such as diapers and feminine hygiene products. By expanding the production of EcoWicketBags at its plant in Szada (Hungary), Mondi further leverages the Group’s integrated value chain, from in-house paper production to coating and converting. EcoWicketBags are made from Mondi’s FunctionalBarrier Paper 95/5 – an exceptionally strong kraft paper which can be customised with specific barrier and protective properties to meet diverse product needs. They are available in a variety of sizes for different applications and provide protection from filling to transporting and storage, as well as being ideal for printing customer branding. EcoWicketBags are made from a renewable material and designed to be recycled in standard European paper recycling mills according to the 4evergreen guidelines.

The “sustainable watch packaging” project between the two independent, family-owned companies Koehler Paper and Mühle-Glashütte focuses on developing high-quality yet sustainable packaging for a luxury watch — two characteristics that it has previously been difficult to combine in communication with customers. Koehler Paper came up with the idea of producing environmentally friendly, luxury packaging made from 100% recycled paper and designed to contain a high-quality watch. Family company Mühle-Glashütte, known for its nautical instruments and high-quality mechanical wristwatches, was taken on as a collaboration partner. Sustainability and recyclability are the main requirements for the packaging that Koehler developed together with Mühle-Glashütte and other project participants. Thilo Mühle, Managing Director at Mühle-Glashütte, stresses: “The collaboration project with Koehler Paper makes it clear that luxury no longer needs to be a guilty pleasure. What’s more, the craftsmanship of two family companies steeped in tradition is brought together here. This is reflected in the results.”