SCA increases the prices on white and brown kraftliner in Europe by €50 per tonne. The new price is valid from April 1, 2021. “The European kraftliner market continues to be strong and stable”, comments Mikael Frölander, VP Sales and Marketing Containerboard.
Through close and enduring collaboration BillerudKorsnäs and Tetra Pak aim to push the figure of renewable material from wood fibre in carton packages towards 100%. Already today the figure is about 70%. New innovations to further increase the sustainability of packages are since long top of the agenda for both companies. “Our mission is to challenge conventional packaging for a sustainable future. 70 % renewable is a good start, and the only way that we can solve the major sustainability challenges we face is to do it together”, says Malin Ljung Eiborn, Director Sustainability and Public Affairs. The collaborative innovation takes the form of a number of defined projects where experts from the two companies work together. BillerudKorsnäs also work together under the auspices of Treesearch, a Swedish collaboration platform for fundamental research, knowledge and competence-building in the field of new materials and specialty chemicals from forest raw material. It involves academia, industry, private foundations and the Swedish government, and aims to turn pioneering fundamental research into high-tech innovations to meet the climate challenge.
Mill Rock Capital, a growth and operations oriented private investment firm, announced that its portfolio company Mill Rock Packaging Partners LLC has acquired All Packaging Company, a leading specialty paper packaging company focused on various consumer end markets. Mill Rock Packaging is a growth-oriented specialty packaging company focused on leading design, innovation and technology; strong operational capabilities and unparalleled customer service. Terms of the transaction were not disclosed. All Packaging, based in Aurora, CO and founded in 1946, is a leading, full-service provider of specialty paperboard packaging to the food and beverage, health and beauty, pharmaceutical and other consumer end markets. The company's comprehensive service suite includes all requirements of a folding carton program, including graphic and structural design, prepress and proofing, printing and converting, in-house cutting and creasing and ancillary services. Customers rely on All Packaging to create packaging that enhances the consumer experience in both retail and e-commerce environments while maintaining brand integrity. All Packaging operates two facilities in Utah and Colorado.
Mondi Group announces a three-year strategic partnership to support the United Nations World Food Programme’s (WFP’s) efforts to save lives, change lives around the globe. The collaboration will see Mondi make a US$1 million in-kind and financial contribution to help WFP improve how it delivers nutritious food over a complex humanitarian supply chain, with an aim to reduce food waste and mitigate the impact of packaging on the environment. The partnership will draw on the infrastructure, knowledge and expertise from Mondi's corrugated solutions, paper bags and consumer flexibles businesses. Over the next three years, the goal is to develop robust and effective guidance for WFP’s global network of food manufacturers and local suppliers as well as for the wider humanitarian community.
Tetra Pak has announced the introduction of certified recycled polymers, becoming the first company in the food and beverage packaging industry to be awarded the Roundtable on Sustainable Biomaterials (RSB) Advanced Products certification. Its carton packages integrating attributed recycled polymers are now available for food and beverage manufacturers. This move marks a key step in Tetra Pak’s approach to circularity which includes: minimising dependency on fossil-based resources; responsibly sourcing raw materials; designing packages for enhanced recycling and reduced litter; and building partnerships to develop effective collection and recycling infrastructure worldwide.
For the quarter ended December 31, 2020, reported sales increased 12% to $749 million compared to $671 million in the prior year. Core sales, excluding the impacts from changes in currency exchange rates and acquisitions, increased 5%. For the year ended December 31, 2020, reported sales increased 2% to $2.93 billion compared to $2.86 billion reported a year ago while core sales remained flat. The effects of currency translation rates were more than offset by the positive contribution from acquisitions. Cash generated from operations for the year reached $570 million, an increase of 11% over $514 million in the prior year primarily due to better working capital management and the positive impact of recent acquisitions.
Total packaging papers & specialty packaging shipments in January increased two percent compared to January 2020. The operating rate was 85.8 percent, essentially flat (+0.1 pts.) from January 2020. Mill inventories at the end of January increased 2,000 short tons from the previous month and were up 11,000 short tons compared to January 2020.
Novolex® announced that it is adding easy-to-understand recycling instructions to more of its plastic bags and packaging. The announcement comes just weeks after Novolex revealed plans to increase its capacity to recycle plastic bags. Novolex, an industry leader in packaging and foodservice products, will add the How2Recycle® Store Drop-off label to products across its business units. These include products from Shields® such as poly mailers for shipping applications and security bags frequently used in the banking industry; and products from Hilex®, including the iconic “Thank You” plastic T-shirt bags, produce bags for conventional and organic items, and the Load & Seal™ Tamper Evident Deliver Bags, which are growing in demand as to-go orders increase at restaurants.
Michael (“Mike”) A. Weinhold has been named Senior Vice President, Sales - Board, effective February 15, 2021. Mike has held senior leadership positions at Verso Corporation, International Paper and Champion International and brings over 30 years of commercial experience in the paper industry. He will report to Mike Farrell, EVP, Mill Division. We appreciate your support during this time of change. While we work diligently to support your needs and make a smooth transition, we remain focused on the keys to success, including your business and partnership.
Smurfit Kappa announced the launch of a new packing system for its sustainable TopClip product, a paper-based replacement for plastic shrink wrap that bundles beverage multi-packs. This packing system, which is designed for smaller businesses and brands, comes after the launch of their high speed machine with KHS last year. This now completes the portfolio of Smurfit Kappa's end to end solutions for TopClip, ensuring it is suitable for beverage companies of all sizes. The launch of this new packing solution, and the implementation by Czech beer brewer Pivovar Clock, sees the packaging company selected to supply their innovative and sustainable paper-based TopClip for 500ml cans. A modern and creative brewery, Pivovar Clock are noted within the industry for their early adoption of sustainable technology. The brewer uses the latest steam technology and local ingredients to produce their beer.