CANPACK Collaborates with Monster on a New Lewis Hamilton Zero Sugar Energy Drink

Following the success of its original Lewis Hamilton signature energy drink, Monster Energy has continued its ongoing partnership with the seven-time Formula One World Champion to launch a new zero-sugar version. Zero sugar is a key growth driver in the energy drink category. The new Lewis Hamilton Zero Sugar edition has a completely new formula with a refreshing peach nectarine flavour described as “stone fruits” and is made from vegan ingredients. For this all new SKU (Stock Keeping Unit), Monster needed new artwork that reflected Lewis Hamilton’s status as a global sporting celebrity. They achieved this with a unique collaboration between the champion driver and cutting-edge digital artist Mad Dog Jones (Michah Dowbak).
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Total U.S. Containerboard Production Decreased 5 Percent in Q4 2022 (AF&PA)

The American Forest & Paper Association has released its Q4 2022 Containerboard Quarterly report. According to the report, total U.S. containerboard production decreased 5% when compared to the full year of 2021. Most containerboard grades experienced double-digit percentage declines in Q4. Drops in both domestic and export production contributed to operating rates in the 80s and in some cases the high 70s, bringing the 2022 operating rate five points below that of 2021. Recycled Medium was the only subgrade that had a single-digit percentage drop (-9%) and an increase in export production for the quarter, though exports represent a very small portion of its total production.
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Stora Enso changes its segment reporting

Stora Enso’s segment reporting was changed on 1 January 2023 due to the ongoing reorganisation of the Paper division’s operations and changes in the reporting of emerging businesses in the Packaging Solutions division. The Paper division was discontinued as of 1 January 2023 and will not be reported as a separate segment going forward. From 1 January 2023, the Maxau and Hylte sites are reported in Segment Other until the completion of the divestments. The retained Langerbrugge and Anjala sites are reported as part of the Packaging Materials division. From 1 January 2023, the reporting of the emerging businesses in the Packaging Solutions division, including Formed Fiber, Circular Solutions (biocomposites), and Selfly Stores, was transferred to Segment Other.
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Packaging Corporation of America Reports Fourth Quarter and Full Year 2022 Results

Packaging Corporation of America reported fourth quarter 2022 net income of $212 million, or $2.31 per share, and net income of $215 million, or $2.35 per share, excluding special items. Fourth quarter net sales were $1.98 billion in 2022 and $2.04 billion in 2021. Full year 2022 net income was $1.03 billion, or $11.03 per share, and net income of $1.04 billion, or $11.14 per share, excluding special items. Full year net sales were $8.5 billion in 2022 and $7.7 billion in 2021. In the Packaging segment, shipments per day were down (8.7%) and total corrugated products shipments, with one less shipping day, were down (10.2%) versus last year’s fourth quarter. Containerboard production was 961,000 tons, and containerboard inventory was down 66,000 tons from the third quarter of 2022 and down 46,000 tons compared to the fourth quarter of 2021. In the Paper segment, sales volume was down 14,000 tons compared to the third quarter of 2022 and down 15,000 tons from the fourth quarter of 2021.
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Silgan Announces Strong Growth in 2022; Anticipates Increased Revenue, Segment Income and Free Cash Flow In 2023

Silgan Holdings Inc., a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, reported record full year net sales of $6.41 billion, a 12.9 percent increase over prior year net sales of $5.68 billion, and full year 2022 net income of $340.8 million, or $3.07 per diluted share, as compared to full year 2021 net income of $359.1 million, or $3.23 per diluted share.
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Trioworld launches new UK organisation and appoints Sonia Griffiths as new MD of Trioworld UK Ltd

As of January 1st, Trioworld’s recent acquisitions of two leading innovative high-performance stretch film UK manufacturers, Eurofilms & Quality Films, have merged into one company to strengthen their UK position and support further growth ambitions. “I am happy to announce that Sonia Griffiths, who has been a driving force in developing the hand stretch film market in the UK during her 19 years with Quality Films, will lead the joint teams of Quality Films and Eurofilms to grow our UK business,” says Per Holtstrand, Division President, Stretch Film at Trioworld Group.
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Kimberly-Clark Announces Year-End 2022 Results

Executive Summary *Fourth quarter 2022 net sales of $5.0 billion, even with the year-ago period, including organic sales growth of 5 percent. *Full-year 2022 net sales of $20.2 billion increased 4 percent, with organic sales up 7 percent. *Diluted net income per share for the fourth quarter was $1.50 in 2022 and $1.06 in 2021. Full-year diluted net income per share was $5.72 in 2022 and $5.35 in 2021. *Net sales in 2023 are expected to increase 0 to 2 percent, including organic sales growth of 2 to 4 percent. Diluted earnings per share is expected to increase 2 to 6 percent, driven by an operating profit increase in the mid-to-high single digits, both versus adjusted results in 2022.
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Cupforma Natura Aqua+ is on everyone’s lips – as a paper lid of the new age

In 2021, the global consumption of paper cups reached more than 244.7 billion units. Most of them still have a non-recyclable plastic lid on. Finnish entrepreneur Matti Salonoja wanted to create an option for plastic. Stora Enso Cupforma Natura Aqua+ gave a great base for the groundbreaking solution. Matti Salonoja ended up making paper lids partly by chance. In 2008, he and his friend thought about having a business and ended up importing branded paper cups to Finland. When his friend left the company after a couple of years, Salonoja started selling cups full-time, and in 2014 he decided to get a cardboard cup machine himself. Back then, the coating on the paper cups prevented them from being recycled. During 2015, however, several cardboard manufacturers started to develop an alternative to plastic used in cups, made of water-based coated cardboard.
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Choloate Start-Up Nucao is Among the First to Rely on Koehler Paper’s Chocolate Primary Paper Packaging

The latest innovation from Koehler, NexPlus® Advanced, is an evolution of the Koehler Paper’s barrier concept, with the aim of replacing plastic as a packaging material where appropriate. nucao is the first chocolate manufacturer in the market to embrace paper primary packaging made from paper and has been using it for its chocolate products “nucao fruits” and “nucao nuts” since the end of 2022. Leipzig-based chocolate start-up nucao is shaking up the chocolate market. Founded in 2016, the company is currently leading the way when it comes to sustainable chocolate. nucao is the first chocolate manufacturer in the market to embrace primary packaging made from paper and has been using it for its chocolate products “nucao fruits” and “nucao nuts” since the end of 2022. The flexible packaging paper Koehler NexPlus® Advanced from Koehler Paper has an excellent oxygen, mineral oil, and grease barrier, which is necessary for applications where there is direct contact with chocolate and nuts. Making this switch enables nucao to meet a key consumer demand for greater sustainability and to lead the way in the chocolate market with how it chooses to package its products.
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Mondi expands range of FunctionalBarrier Papers with high barrier packaging solution

Mondi, a global leader in packaging and paper, is expanding its unique range of medium, high and very high-barrier paper-based packaging to support customers on their journey to use more sustainable packaging solutions. Thanks to Mondi’s extensive research and development activities, expertise in both paper and plastic as well as investments in new technology and increased capacity, the company has further evolved its portfolio and now offers a full range of FunctionalBarrier Papers to customers. By applying different barrier technologies, such as extrusion coatings, aqueous coatings and other very high barriers, this range of paper-based packaging solutions is fit for purpose and can be used for a variety of applications. The medium barrier solution, designed for industrial, eCommerce and personal care packaging, offers high sealability and medium water vapour protection, while the high barrier functional paper offers a medium oxygen and water vapour barrier, as well as a high grease and mineral oil barrier for frozen foods and chocolates. The very high barrier solution, for consumer food products such as coffee, cereals and confectionery, provides excellent product protection from water vapour and oxygen and ensures a long shelf life.
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How should protective packaging factor into your reverse logistics strategy?

As shoppers and retailers head back to more routine day-to-day activities following the holiday chaos, one activity that is likely to continue well into February is gift returns. Returns are a routine cost of doing business for online retailers as part of a positive user experience. But the holidays offer more significant challenges regarding returns, particularly when you add more brick-and-mortar stores to the situation. The National Retail Federation estimates consumers will return about 16.5 percent of their gifts. A UPS study puts that at around 23 percent - a quarter of the gifts given over the holidays. In cases where an item still has value after being returned, it is imperative to maintain the integrity of the product during shipment. The easiest way to do that is through effective packaging.
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Total U.S. Packaging Papers & Specialty Packaging Shipments Decreased 13 Percent in December 2022

The American Forest & Paper Association (AF&PA) has released the December 2022 Packaging Papers Monthly report. According to the report, total U.S. packaging papers & specialty packaging shipments in December decreased 13% compared to December 2021. Total packaging papers & specialty packaging shipments were down 4% for the year compared to 2021. Shipments of the biggest subgrade in bleached packaging papers — food wrapping — were 27,000 short tons for the month of December. Unbleached packaging papers & specialty packaging shipments in December decreased 12% compared to December 2021. They were down 2% for the year compared to 2021.
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Aluminum Foil Trade Actions Threaten the Flexible Packaging Industry

The Department of Commerce (DOC) shouldn’t be picking winners and losers in U.S. manufacturing markets, but that is exactly what they are doing in the case of aluminum foil imports. A “self-initiated” case by the DOC against suppliers of aluminum foil from South Korea and Thailand threatens manufacturers of flexible packaging with unwarranted duties on necessary aluminum foil for food, pharmaceuticals, and medical device packaging. These duties are not appropriate as the foil used in these applications is not manufactured in the United States in the quantity and quality needed. In fact, this foil¬—which creates the ideal barrier to bacteria, odor, sunlight, and contamination—is essential to protect the domestic food, health, and medical product supply.
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Amcor expands healthcare platform in Asia Pacific with acquisition of MDK

Amcor announced it has entered into an agreement to acquire Shanghai-based MDK. MDK generates annual sales of approximately $50 million and is a leading provider of medical device packaging, a key priority growth segment for Amcor. MDK’s coating capabilities, medical paper-based packaging offerings and customer base complement Amcor’s existing portfolio, further enhancing its leading position in the Chinese medical device packaging market. The addition of MDK also strengthens Amcor’s leadership in the broader Asia Pacific medical packaging segment, which now comprises four manufacturing sites serving the China, India and Southeast Asia markets.
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Mondi supports Noel Alimentaria on their journey to reduce plastic in fresh food packaging

Mondi worked closely with Noel Alimentaria to identify the best possible packaging solution for their range of plant-based and meat food. The collaboration resulted in Noel Alimentaria choosing Mondi’s PerFORMing paper-based tray to pack its rebranded range of sliced plant-based food and vegetarian burgers ‘Verday’. Verday is used by Marks and Spencer’s for its ‘Plant Kitchen’ range in the UK and supplied to Nordic markets for ham and charcuterie products. Being formable, the trays can be moulded and adapted to a range of different-sized food products, with high symmetrical stretch for uniform formability, ideal for shallow food trays. PerFORMing offers strong barrier protection against moisture and oxygen, keeping the food fresh throughout the storage and distribution process. The trays consist of 80% paper compared to the industry standard where they are made of 100% plastic, which means the plastic content of the tray has been greatly reduced. The paper tray is designed for recycling and passed the recyclability tests by German institute PTS (Papiertechnische Stiftung, method RH:021/97).
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Metsä Board Kaskinen folding boxboard mill EIA procedure has started

Metsä Board, part of Metsä Group, has started an environmental impact assessment (EIA) procedure for a folding boxboard mill it is planning to build in Kaskinen, Finland. The company submitted an EIA programme to the South Ostrobothnia Centre for Economic Development, Transport and the Environment (ELY Centre) on 22 December 2022 in accordance with the Act on Environmental Impact Assessment Procedure. The programme is open for public comment and opinion from 12.01.2023 to 10.02.2023. The EIA procedure addresses the environmental impacts of Metsä Board’s folding boxboard mill planned on the existing mill site in Kaskinen. The results of the impact assessment will be considered in the project’s ongoing planning and decision-making process. The assessment will provide information to support decision making, increase citizens’ access to information and their opportunities to influence the process.
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Colbert Packaging Expands Manufacturing Capacity with New Eterna Equipment Additions

Colbert Packaging Corporation announced the installation of two new Eterna blanking die cutters. The Eterna Line ECUT 1060 Elite ER is a welcome addition to Colbert’s Kenosha, WI, and Elkhart, IN, production facilities, adding die-cutting capacity to complement recent printing press installations. The precision-tight registration of the Elite ER delivers precise cutting, especially critical to the stringent packaging quality requirements of the pharmaceutical and consumer packaged goods industries. As an added benefit, tooling is compatible with Bobst Group Technology, the recognized standard for packaging equipment.
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Pregis Performance Flexibles South Carolina Facility Receives ISCC PLUS Certification

The ISCC PLUS certification reinforces the Pregis Purpose to ‘Protect, Preserve, Inspyre.’ It is the latest example of the company achieving milestones in support of its sustainability strategy and commitment to providing high-performing products while enabling a circular economy. This third-party certification enables Pregis to produce solutions that are classified as circular, bio-circular, and/or bio-base. Becoming ISCC PLUS certified highlights our commitment to supporting customers in boosting a circular economy. The ISCC PLUS certification includes the mass balance chain of custody option, providing traceability along the supply chain.
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Mondi celebrates eight WorldStar Awards for outstanding packaging solutions

Mondi, a global leader in sustainable packaging and paper solutions, has received eight awards in five categories at this year’s WorldStar Global Packaging Awards. The WorldStar Awards recognise the best ideas, innovations and technologies on the market, with a focus on sustainability, product protection and end-user convenience. They are open to entries from packaging companies around the globe. Mondi’s 2023 WorldStar Award winners are: Mono Formable PP, category: food; RetortPouch Recyclable, category: food; EasyTray, category: Fresh fruits and vegetables; NoTamperBox, category: ecommerce; Corrugated-board Wedge, category: transit; TrapezeBox, category: food; Turbocharger, category: transit; Eco Multi Rack, category: other.
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Get to know De Jong Packaging Group

De Jong Packaging Group, one of the largest corrugated manufacturers in the Benelux, is now officially part of Stora Enso. This acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth and build market share in renewable packaging in Europe. The acquisition of De Jong Packaging Group will begin a new phase of renewable packaging solutions within Stora Enso. On top of Stora Enso’s existing corrugated facilities, De Jong Packaging Group has 16 sites in total in the Netherlands, Belgium, Germany, and the UK. Most of the sites are corrugated converting and packaging wholesale facilities and they include two corrugators, 16 processing machines and 46 tray erectors. Together they produce 2,5 million boxes a day. De Jong Packaging Group’s core business is corrugated converting where its product portfolio includes corrugated trays, regular slotted boxes (‘American boxes’), specialty folding boxes, corrugated sheets as well as other products like solid board boxes. Services include custom box designs, tray erecting, packaging automation, pre-printing and logistics services.
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Stora Enso completes the acquisition of De Jong Packaging Group

Stora Enso has completed the acquisition of the Netherland-based company De Jong Packaging Group, one of the largest corrugated packaging producers in the Benelux countries. The acquisition announced in September 2022 with an enterprise value of approximately EUR 1,020 million was closed today following regulatory clearances and employee consultation. The acquisition will significantly strengthen Stora Enso’s presence in European packaging markets and provide an entry into the corrugated packaging market in the Netherlands, Belgium, Germany and the UK. With the acquisition, Stora Enso’s Packaging Solutions division will increase its corrugated packaging capacity by approximately 1,200 million m2 to more than 2,000 million m2, including De Jong Packaging Group’s ongoing expansion projects. De Jong Packaging Group’s full year 2022 sales is estimated at approximately EUR 1 billion. Its product portfolio and geographic presence complement and enhance Stora Enso’s offering, especially in fresh produce, e-commerce and industrial packaging.
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Envoy Solutions Builds Momentum in the Southeast with Delta Packaging & Supply Acquisition

Envoy Solutions announced that it has acquired Flowood, Miss.-based Delta Packaging & Supply. The industry-leading packaging distributor offers a wide range of flexible packaging materials, automated packaging equipment, and efficient packaging solutions to a broad range of industries. Delta Packaging & Supply partners with manufacturers to provide its clients with direct pricing on a long list of industrial packaging products, custom poly bags and film, tapes, strapping, machines, and more. For more than 35 years, the company's packaging innovations have provided cost savings for its clients throughout the U.S. The acquisition expands Envoy Solutions' national footprint, particularly in the Southeast where it has established a strong and growing presence in packaging solutions. "Delta Packaging & Supply will be an excellent fit for our differentiated business model of like-minded companies," said Mark M. Fisher, CEO of Envoy Solutions. "Johnie Weems runs a highly valued company with a great team who will help us continue to grow our packaging capabilities. As we build upon our progress in the Southeast, we will continue to enhance efficiency so we can deliver the best solutions to our clients."
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Lacerta Group Announces Acquisition of Portage Plastics Assets

Lacerta Group announced that on December 21 it acquired the production facility and other assets of Portage Plastics Corporation and PPC Investments, LLC (together, “Portage Plastics”), a manufacturer of thermoformed packaging products based in Portage, WI. As part of the transaction, Lacerta has hired over 50 Portage Plastics employees. Lacerta is a leading North American provider of innovative and sustainable thermoformed packaging solutions, primarily made from PET. Lacerta offers a comprehensive product portfolio and in-house design capabilities, with a particular focus on customers in the prepared food and fresh produce sectors. Lacerta is a market leader in fully recyclable packaging containing post-consumer resin, which is increasingly gaining importance as its customers seek out more sustainable options to reduce their carbon footprint. “We are excited to acquire a great manufacturing site in Portage Wisconsin and welcome a talented group of dedicated associates to the Lacerta family,” said Peter Lennox, CEO of Lacerta. “This transaction is an important step in Lacerta’s growth story and will allow us to better serve our expanding customer base in the Midwest and Central United States.”
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Creating a Transatlantic Powerhouse – Trioworld to acquire Canadian based Malpack

Trioworld Group has signed an agreement to acquire the Canadian based Malpack Ltd. and US based Malpack Corp. (collectively, Malpack), a leading player in solutions for high-performance stretch film in the transit packaging segment. Malpack supports customers in the areas of distribution, beverage, food, consumer goods, e-commerce, and other industrial packaging. Trioworld is very pleased to welcome Malpack to the Trioworld group. As a North American leader in high-performance stretch film, Malpack has grown impressively over the past years. Based on a superior product portfolio consisting of innovative stretch films and a superior service level, Malpack now serves customer from coast to coast in US and Canada. The company is well-invested, and management is focused on strengthening their offering with circular solutions which is in line with Trioworld’s ambition to be the circular leader in the load security and transit packaging market.
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No Added PFAS Puts Pregis Flexibles Ahead of Environmental Legislation

The U.S. Environmental Protection Agency (EPA) is likely to publish a final ruling in January 2023, requiring manufacturers (including importers) to report information on PFAS manufactured or imported since Jan. 1, 2011. If the rule is finalized as proposed, manufacturers will have to report use of any materials with PFAS and stop using new products containing intentionally added PFAS. Anticipating these and future legislative limits regarding PFAS, Pregis implemented processes in its high-performance blown film operations to ensure they eliminated PFAS from incoming materials and do not include within the manufacturing process. Pregis Performance Flexibles customers can be confident that our film solutions have no added PFAS, meeting new legislative standards.
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Amcor sells factories in Russia

Amcor announced it completed the sale of its three factories in Russia to HS Investments, a Russian-based investor, after receiving all necessary regulatory approvals and cash proceeds, including receipt of closing cash balances. The cash and debt free consideration value is €370 million. This follows Amcor’s previously announced decision to pursue the orderly sale of its Russian business while continuing to support its people and customers as well as preserving value for shareholders. The Russian business produces flexible and cartons packaging from one site in St. Petersburg and two sites in Novgorod and employs approximately 900 people. Amcor’s three sites in Russia generated approximately 2% of total Amcor sales in fiscal 2022.
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Tetra Laval donates power and heat generators to Ukraine

Tetra Laval, the group which comprises Tetra Pak, Sidel and DeLaval is donating power and heat generators to a value of EUR 10 million as humanitarian aid to the people of Ukraine, currently suffering major power shortages as a result of the Russian war on Ukraine. The equipment, including more than 200 generators, will be donated directly and with immediate release to Ukrainian authorities for onward distribution to the areas worst affected by the lack of power in the country. “I am grateful to Tetra Laval for its donation which helps us restore Ukraine’s energy system. Russian missile terror seriously damaged it and left millions of Ukrainians without normal access to power, water, and heating amid freezing winter temperatures. With help of partners and friends, we stand strong. In these circumstances, Tetra Laval demonstrates an example of great social responsibility and solidarity. We will always remember this and kindly encourage other responsible Swedish businesses to follow suit,” says Mr. Dmytro Kuleba, Minister of Foreign Affairs of Ukraine.
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A Capital Year: Georgia-Pacific Reinvests Significantly in 2022

As 2022 comes to an end, Georgia-Pacific has launched or completed approximately $1.8 billion in capital improvement projects throughout the company. Projects include new facilities and additions as well as improvements to existing operations. These investments lead to productivity and income opportunities for local contractors who help complete the projects, stimulating each facility location's economy. Diboll Lumber-$7 million - Georgia-Pacific completed a $7 million upgrade that modernized the Diboll lumber mill in Texas and helped increase its overall production. Clarendon OSB-$40 million - Georgia-Pacific also announced a $40 million investment in its oriented strand board (OSB) facility in Alcolu, South Carolina. Muskogee Tissue-$50 million - The company announced plans to upgrade parts of its 640-acre Muskogee, Oklahoma, bath tissue, towel, and napkin manufacturing operations in May. Bradford Corrugated-$34 million - Announced in May, the Bradford, Pennsylvania, corrugated plant will undergo a significant upgrade with an investment topping $34 million for new equipment to modernize the plant's operations. Broadway Paper Mill-$500 million - A $500 million expansion began in July at the company’s Broadway mill in Green Bay, Wisconsin. The investments will significantly enhance the company's retail consumer tissue and towel business.
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Agri-Packing Expanding Nogales Facility

In very early 2023, Agri-Packing Supply Inc. will open its new facility in southern Arizona, significantly expanding the capacity of its cooling and logistics business. “This new facility will add 200,000 square feet to our existing capacity,” said Sales Executive Jorge Ruiz, adding that the facility is in the Rio Rico Industrial Park in Nogales. “We are very excited to welcome new partners into this facility.” Agri-Packing is a 32 year old company devoted to the fruit and vegetable industry offering packaging and grower supplies mainly for grower-shipper exporters operating from the Pacific West Coast of Mexico. “Our three main lines of products are corrugated boxes, flexible packaging (mainly retail pouch bags), and rigid containers (clamshells and custom labels),” Ruiz said.
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Amcor opens China’s largest flexible packaging plant, strengthening its position in Asia Pacific

Amcor announced the opening of its new state-of-the-art manufacturing plant in Huizhou, China. With an investment of almost $100 million, the 590,000-square-foot plant is the largest flexible packaging plant by production capacity in China, further strengthening Amcor’s ability to meet growing customer demand throughout Asia Pacific. The new facility is expected to employ more than 550 people, who will produce flexible packaging solutions for food and personal-care products. The plant comes equipped with the first automated packaging production line in China. This, along with high-speed printing presses, laminators, and bag-making machines, can deliver double-digit reductions in manufacturing cycle times.
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Mondi to divest its packaging converting operations in Russia

Mondi plc confirms that it has entered into an agreement to sell its three Russian packaging converting operations to the Gotek Group for a consideration of RUB 1.6 billion (around €24 million at current exchange rate), payable in cash on completion (the ‘Disposal’). The three packaging converting operations comprise a corrugated solutions plant and two consumer flexibles plants, producing a range of packaging solutions for the domestic Russian market. The loss on the Disposal is expected to be in the range of €70-80 million at current exchange rate.
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A range of UPM’s recyclable packaging papers are now certified industrially compostable

Seven UPM packaging papers are now proven to be industrially compostable, marking another step on UPM Specialty Papers’ sustainability journey. Seven packaging papers have recently been certified as industrially compostable, according to the EN13432 standard: *Barrier papers: UPM PregoTM, UPM AsendoTM *Coated one side papers: UPM FlexPackTM, UPM UniquePackTM, UPM UniquePackTM Strong *Specialty kraft papers: UPM SolideTM Lucent
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Pregis adds digital printing capabilities at EverTec mailer production facilities

Pregis® recently added digital printing capabilities at production facilities across North America, offering customers high-impact protection and impactful brand messaging with the Pregis EverTec™ curbside recyclable padded mailer. Due to the substantial growth of ecommerce, the demand for packaging options that are sustainable, durable, cost-effective, and also visually impressive is on the rise. With the added digital printing capability, Pregis customers can create custom-designed mailers with full-color images, multi-colored designs, logos, and brand messages to deliver colorful, eye-catching packages.
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Koehler Paper Launches Another Sustainable Packaging Paper Onto the Fast-Food Market With Its “Koehler NexPure® OGR”

With the latest development—Koehler NexPure® OGR—Koehler Paper, a leading provider of papers with a disruptive barrier function for packaging solutions, is adding another sustainable solution to its portfolio for the fast-food market. Consumer demand for sustainable products and packaging has been evident in the fast-food sector for some time now, which is why system catering is also increasingly looking for solutions in this field. Back in October, Koehler launched Koehler NexPure® Wrap, a paper designed for burger packaging with extremely low grammage, onto the fast-food market. Now, with Koehler NexPure® OGR, the company is bringing an oil- and grease-resistant, sustainable paper onto the market, which will be suitable for packaging foods such as fries, sandwiches, wraps, and burritos.
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Highcon and SEE announce Strategic Collaboration

Highcon announced a $8M investment by Sealed Air Corporation in the context of a strategic collaboration between the two companies. The scope of the strategic collaboration includes the following components: *Developing new product offerings, expansion into new segments and enabling manufacturing efficiencies by leveraging Highcon technology *$8M investment in the form of convertible debt and 15% warrants to be converted by the 5th anniversary of the Effective Date at a price of 3.1 NIS per share. *Additional warrants to be granted against possible future purchases up to $20 million of Highcon's products and services over a period of 3 years.
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Amcor drives progress on advanced recycling materials for food and healthcare markets

Amcor has announced a five-year deal with ExxonMobil to purchase certified-circular polyethylene material in support of its target to achieve 30% recycled material across its portfolio by 2030. The volume of material will increase incrementally each year, and is expected to reach 100,000 metric tons annually at the end of the five-year period. Made possible by ExxonMobil’s ExxtendTM technology for advanced recycling, Amcor intends to leverage this material across its global portfolio, with a particular focus on the healthcare and food industries, which are required to meet stringent safety requirements for recycled plastic. The agreement expands upon Amcor’s initial purchase of certified-circular polyethylene material from ExxonMobil earlier this year.
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The future of flexible packaging: calling for a new level of ambition for circularity

Flexible packaging is used by the food and beverage, personal and home care industries as well as pharmaceutical, to protect the countless life-enhancing and life-saving products that we use every day. And demand is increasing rapidly. The world’s population is projected to reach 8.5 billion by 2030 and surpass 9.7 billion by 2050, necessitating a significant increase in food production. Global supply chains will need to adapt to this growth, and flexible packaging will play a critical role in helping to deliver safe and affordable products to consumers, improving accessibility no matter where they are. Flexible packaging protects products that are vital to society. It offers functionality benefits as it is lightweight yet durable, protecting and preserving food efficiently during transportation and storage, extending its shelf life, minimizing food waste, and boosting affordability and accessibility. While flexible packaging has huge benefits during use, everyone across the value chain must equally take action to address its end-of-life.
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Building a sound packaging strategy can help protect businesses against the ever-rising costs of parcel shipping rates

During the summer, most of the leading shippers announced their annual peak season surcharges and retailers were already braced for expected increases. However, it was recently discussed in an earnings call that FedEx and UPS are additionally increasing their general delivery rates by an average 6.9 percent. New rates will go into effect December 27 for UPS, and on January 3, 2023, for FedEx. Further, USPS also announced a general rate increase which will go into effect on January 22, 2023. Heading into the new year, these news reports might give some operations teams pause; however, it is important to remember that the right packaging strategy is one of the best ways to mitigate the overall impact an increase in shipping charges may have on the bottom line. Most brands can find savings when auditing their existing packaging procedures, especially when working with a provider that is constantly innovating to create value for customers. Are you using the most effective packaging material? Could you free up space or use less material?
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WestRock Acquisition of Grupo Gondi Complete

WestRock Company announced it has completed the acquisition of the remaining interest in Grupo Gondi for $970 million plus the assumption of debt. The transaction is immediately accretive to earnings, subject to customary purchase price allocations. The acquisition of Grupo Gondi includes four paper mills, nine corrugated packaging plants and six high graphic plants throughout Mexico that produce sustainable packaging for a wide range of end markets in the region. This acquisition will enhance the Company’s leading position in the growing Latin American containerboard, paperboard and consumer and corrugated packaging markets.
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Silgan Holdings Announces Corporate Governance Updates

Silgan Holdings Inc. announced that it entered into a new amended and restated stockholders agreement with its co-founders, D. Greg Horrigan and R. Philip Silver, which amends the existing stockholders agreement to remove the contractual right of the co-founders of the Company to nominate for election all Directors of the Company so long as they and their affiliates held a certain amount of shares of Common Stock of the Company. The co-founders of the Company and their affiliates still as of today hold more than such amount of shares of Common Stock of the Company. Under the new amended and restated stockholders agreement, the co-founders, so long as they and their affiliates own at least five percent of the Common Stock of the Company, retain the right to nominate one nominee for election as a Director of the Company, which nominee must be one of the co-founders. As a result of the new amended and restated stockholders agreement which removed the contractual right of the co-founders of the Company to nominate for election all Directors of the Company, the Board of Directors of the Company established a Nominating Committee of the Board of Directors which consists of all of the independent Directors of the Company. The primary responsibility of the new Nominating Committee of the Board of Directors of the Company will be to assist the Board of Directors in identifying qualified candidates as nominees for the Board of Directors of the Company.
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Mondi scores recycled paper at Sustainable Packaging News awards and further contributes to a circular economy

Mondi, a global leader in sustainable packaging and paper, recognized in two categories at the Sustainable Packaging News Awards 2022 for the circular economy and the overall category. The Tesco shopping bags, made from EcoVantage paper produced at Mondi’s Štětí mill in the Czech Republic, shows how suppliers can work with retailers to develop circular systems and turn waste back into a valuable resource. Mondi’s EcoVantage paper combines the strength, printability and appearance of a fresh fibre top layer with the sustainability advantages of a recycled fibre inner layer.
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Ahlstrom Advances Base Paper Technology to Develop Replacement Solutions for Plastic and Film Packaging

Through continued innovation and collaboration with brand owners, Ahlstrom has identified specific technology enabling highly developed base papers – the key to solving the barrier requirements in flexible packaging, while still utilizing the inherent end-of-life benefits that paper has to offer. Ahlstrom has the unique set of capabilities and wide breadth of technical applications to allow them to develop some of the strongest performing base papers available. “Paper substrates can be engineered to exploit the inherent value of cellulose itself,” explained Zack Leimkuehler, Vice President Business Development for Ahlstrom. “Cellulose by itself is a very good barrier, and highly developed base papers can deliver barrier properties.” Paper is an ideal material for flexible packaging applications, and already has a broad field-of-use from good flexibility and folding characteristics to printabilty. Paper is easily sealable and glueable, laminating well to other structures. In addition, paper functions effectively through challenging converting processes.
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Huhtamaki expands paper-based packaging capacity at its factory in Nules, Spain

Huhtamaki, a key global advanced manufacturer of sustainable packaging solutions, today inaugurates its extension to its existing paper-based packaging manufacturing site in Nules, Spain. This latest investment reflects the growing demand from for renewable and recyclable paper-based packaging to substitute rigid plastics. The Nules factory is a Huhtamaki Global Center of Excellence, developing innovative, sustainable packaging solutions for its customers across Europe. The extension of 12 500 m2 and has been built to the globally recognized BREEAM1 sustainability standards. This is in line with Huhtamaki’s 2030 Sustainability Ambitions, including the use of 100% renewable electricity, which is on track with a Virtual Power Purchase Agreement covering approximately 80% of Huhtamaki’s current electricity usage in Europe signed in December 2021. Thanks to the installation of an advanced HVAC (Heating, Ventilation and Air Conditioning) system with air quality, temperature and humidity control, the plant also meets high thermal comfort standards for its employees.
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Smurfit Kappa invests over €20 million in Central and Eastern Europe

Smurfit Kappa has completed significant investments in its manufacturing plants in Olomouc in the Czech Republic and Obaly Štúrovo in Slovakia respectively. The investments of more than €20 million announced last year further highlight Smurfit Kappa’s expansion and commitment to investing in its Central and Eastern European operations. The two plants received significant upgrades, installing state-of-the-art equipment to expand capacity and address the rise in customer demand for paper-based packaging solutions. The investment sees the installation of new converting equipment which will increase the capacity by over 100 million regular and offset printed boxes per annum.
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Mondi partners with RetailX to identify five trends in eCommerce packaging

"We want to be at the forefront of understanding what consumers want when they are shopping online, and what they expect from the packaging protecting their purchases. This research has revealed five macro trends shaping the growing eCommerce packaging market, providing useful insights as we partner with leading retailers to co-create the most sustainable packaging solutions for their needs." Mondi Group eCommerce Director, Nedim Nisic. The five key trends are - Trend #1: Protection of goods and environmental considerations continue to be two of the strongest customer requirements Trend #2: Overpackaging is costing more than expected Trend #3: The unboxing moment matters Trend #4: Consumers are increasingly willing to pay a small premium for packaging that meets their needs Trend #5: The behaviour and trends of Millennials are driving the market
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Pioneering sustainable packaging technology with PulPac

Consumers want products that enable them to lead more eco-friendly lives. This means minimising waste, carbon footprints and reducing the use of plastic. Stora Enso is responding to these needs with renewable packaging innovations, including formed fiber, a renewable and recyclable material that enables molding 3D shapes from wood fibers. “We are finding growth in sustainable and innovative packaging. To stay ahead of the curve, we are investing in next generation fiber molding technologies,” says Anna Jonhed, SVP Formed Fiber at Stora Enso. Recently Stora Enso became a shareholder of PulPac, a Swedish sustainable packaging technology company working to establish Dry Molded Fiber as the next global standard for sustainable packaging, replacing single-use plastics with circular fiber solutions.
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Sonoco ThermoSafe and LATAM Cargo Sign Global Master Lease Agreement

Sonoco ThermoSafe and LATAM Cargo, an international cargo airline with headquarters in Santiago de Chile, are pleased to announce a global lease agreement for the new Pegasus ULD® temperature-controlled bulk shipping container. The agreement enables pharmaceutical freight forwarders access to Pegasus ULD® containers directly from LATAM Cargo. Sonoco ThermoSafe’s Pegasus ULD® is the world’s first FAA and EASA-approved passive bulk temperature-controlled ULD container for pharmaceutical use, which enables it to speed through international air freight handling and customs processes at the lowest possible cost. With a focus on sustainability, the Pegasus ULD® is engineered with composite materials, offering a lighter solution that is also substantially more damage-resistant than traditional metal containers. Additionally, the Pegasus ULD® contains a fully integrated, FAA-approved telemetry system providing real-time, cloud-based data on payload and ambient temperature and key environmental factors, precisely synchronized with GPS location.
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Huhtamaki’s proprietary breakthrough high-precision technology delivers home compostable paper-based coffee capsules for Nespresso and millions of coffee lovers

Huhtamaki, a global sustainable packaging solutions provider, started an exclusive partnership with one of the largest coffee brands, Nespresso, in early 2021 to innovate a sustainable home-compostable paper-based coffee capsule. The powerful collaboration, used a lean approach to product and process development, accelerating the time to market in record time. Huhtamaki's proprietary high-precision technology allows wood fibers to be molded into intricate shapes with high-precision tolerances to a fraction of a millimeter. The home compostable paper-based coffee capsule was launched by Nespresso in France yesterday, November 21, 2022. It is a significant development in innovation for the circular economy and a leap forward for consumers around the world. Click read more below for key details.
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From fossil to forest, a game changer in packaging solutions

gKRAFT presents itself as “the” solution that guarantees the reduction of the use of fossil materials, as is the case with most plastics, in favour of renewable and biodegradable forest-based materials – “From Fossil to Forest” – to help build a sustainable future. The Navigator Company’s packaging solution includes three sub-brands targeting specific market needs: FLEX was designed to develop flexible packaging for the food industry, catering and pharmaceutical trade; BAG is intended for retail product packaging already used by major international brands; finally, BOX (focused on paper for corrugated cardboard boxes) is intended for more resistant industrial and retail packaging, namely food retail, where there is a growing need for shelf-ready packaging, particularly in refrigerated environments, with high-quality printing to attract consumers and differentiate brands from the competition, which is critical today. As an innovative paper packaging brand, gKRAFT is pleased to host a webinar that drives the force from Fossil to Forest, enhancing the fundamental role that wood fibres play as a solution towards a more sustainable world. The webinar will take place on November 24th, 2022. From 10h00 to 11h30 am WET | 11h00 – 12h30 am CET. Register at: https://us06web.zoom.us/webinar/register/6916679964834/WN_dbbdQpxgSyCpJSTaSUL8bQ
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Solenis Opens Two New Centers of Excellence To Serve Growing Consumer Paper Packaging Market

Solenis, a leading global producer of specialty chemicals, has opened two new international centers of excellence to help drive more sustainable solutions for the consumer paper packaging industry. One center is virtual, allowing customers to participate remotely in lab experiments, while the other center is in a new facility in Mönchengladbach, Germany. Both centers are designed to simulate and test customer processes, treatment programs and paper/paperboard properties to optimize performance, efficiency and costs while focusing on sustainability. Meanwhile, the newly opened Mönchengladbach center includes application and testing equipment such as Rapid-Köthen and dynamic sheet formers, a lotion paper coater, different types of refiners and more. Solenis plans to add a hot air sealing device as well. The center also offers repulping and recycling capabilities in combination with contaminant control assessments for barrier coating performance testing.
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Sonoco Further Expands Sonopost® Cornerpost Manufacturing with New Facility in Turkey

Sonoco plans to further expand Sonopost® cornerpost manufacturing in Europe. A new protective packaging production facility is set to open in Bursa, Turkey in November, one year after Sonoco established the first Sonopost® operation in Sochaczew, Poland. “Growing demand for our proprietary Sonopost technology created the need for a second production facility,” said Adam Wood, Vice President and General Manager of Global Paper Products in Europe. “Our protective packaging design team is working hard with our customers who are aligned with us in creating fully sustainable, paper-based packaging that protects and preserves both their product and our planet for generations to come.”
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The Differences Between Recyclable, Compostable, and Biodegradable Packaging.

From nutrition facts to washing instructions, packaging can teach you a lot about a product – including information about its disposal. Properly discarding an item and its packaging is a crucial step in the life cycle of a purchase. Whether something is recyclable, compostable, or biodegradable, buyers and brands must be aware of these commonly used terms. There are many phrases to keep track of, so it’s important to understand exactly what’s being communicated. Is biodegradable just another word for compostable? Can compostable items be recycled? Spoiler alert – these words aren’t interchangeable, and each one has a distinct meaning. Familiarizing ourselves with these three terms can help us make more informed purchases as consumers and design smarter packaging for brands and businesses.
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Amcor Sustainability Report reflects on landmark year

Amcor released its 2022 Sustainability Report, detailing continued progress against key sustainability metrics and announcing an enhanced target to achieve 30% recycled content across its portfolio by the end of the decade. The new recycled content target, which is three times its previous target of 10%, comes as Amcor reflects on a landmark year for its efforts on sustainability. In fiscal year 2022, the company committed to net zero emissions by 2050, more than doubled post-consumer recycled material purchased since 2019 and achieved a Gold rating from EcoVadis for its industry-leading sustainability practices, placing Amcor among the top 5% of all companies assessed. The Report highlights how Amcor has advanced on its pledge to make all products recyclable, reusable or compostable by 2025, with 74% of total production by weight already designed to be recycled and the number of innovative solutions with more sustainable properties continually growing.
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Metsä Board publishes interactive roadmaps on 2030 climate and water targets

Metsä Board, part of Metsä Group, has published new detailed roadmaps to help visualise the measures it will take to achieve the ambitious 2030 targets regarding climate change and water use. Roadmaps will be updated at least once a year, both in terms of the actual performance and future investments. Future investments, which are at the planning stage, are also included in the roadmaps. Metsä Board’s targets include that, by the end of 2030, its mills will phase out the use of any fossil fuels and any fossil-based purchased energy meaning that production will no longer generate any fossil-based carbon dioxide emissions.
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Berry Global Group, Inc. Reports Fourth Quarter and Fiscal Year 2022 Results

Fourth Quarter Highlights *Net sales of $3.4 billion *Operating income of $336 million; Operating EBITDA of $539 million, a 9% increase *Earnings per share of $1.85; record adjusted earnings per share of $2.19, an 18% increase. Fiscal Year Highlights: *Record net sales of $14.5 billion, a 10% increase *Operating income of $1.2 billion; Operating EBITDA of $2.1 billion *Cash flow from operations of $1.56 billion; free cash flow of $876 million, +$125 million above guidance
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Pratt Industries Commits to Investing $5 Billion in Recycling, Clean Energy Infrastructure and Manufacturing Jobs in the USA over the Next 10 Years

Pratt Industries executive chairman, Anthony Pratt, has pledged to invest $5 billion in U.S. recycling and clean energy infrastructure to create 5000 American manufacturing jobs over the next 10 years. Anthony Pratt made the pledge – his largest ever commitment – to Caroline Kennedy, the U.S. Ambassador to Australia, at a recent black tie event in Sydney. “Pratt Industries is proud to already be the largest Australian employer of Americans – providing 11,000 well-paying, green-collar jobs in more than 70 factories across the nation,” Pratt said.
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Tetra Pak announces first collaboration with food processing technology incubator

Tetra Pak announces its collaboration with Fresh Start, a leading food technology incubator that works with a portfolio of start-ups to provide technological solutions to some of the challenges facing the global food systems. As Tetra Pak’s first collaboration with a food processing technology incubator, this initiative will combine the company’s industry expertise with Fresh Start’s innovative approach to drive solutions that will contribute to improving food systems resilience. Its portfolio of solutions includes Bountica, a fermentation-based mechanism that prolongs the shelf life of food and beverage products and Alteco, a device which helps production facilities manage their energy consumption. Fresh Start is based in Israel, one of the world’s major centres of food innovation and investment.
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Smurfit Kappa acquires liner bag plant in Spain

Smurfit Kappa announced it has signed an agreement to acquire Pusa Pack S.L., a bag-in-box packaging plant located in Onda, close to Castellón in the Valencian region. Pusa Pack S.L. specialises in the manufacture of large-capacity flexible bags, sized from 200 to 1500 litres ,which are used for the storage and transport of bulk food, cosmetics, pharmaceutical and other liquid and semi-liquid products. Pusa Pack will be integrated into Smurfit Kappa’s Bag-in-Box operations in Spain. Commenting on the acquisition, Thierry Minaud, CEO of Smurfit Kappa Bag-in-Box, said: “Heavy-duty packaging is evolving towards more environmentally friendly solutions. We increasingly see the trend of companies moving away from plastic or stainless steel intermediate bulk containers (IBC) in favour of much more sustainable corrugated solutions which have a considerably lower carbon footprint.
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Rigid Ruminations – From Paper to Plastic and Metals (digitalputput.net)

Media selection can make or break a job in terms of quality, durability, and price. With supply chain challenges, the pressure is on to ensure the best options are ordered ahead and stocked as needed. Print service providers (PSPs) should also be informed and ready to swap out media options when required. Rigid substrates range from plastics to paperboard, acrylics, and aluminum. What is the state of these solutions today and where does sustainability fit in? We answer these questions and more.
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Metsä Board wins the Finnish Circular Economy and Quality Award for the second year running

Metsä Board, part of Metsä Group, has again won both the Finnish Circular Economy Award and the Finnish Quality Award in the Excellence Finland assessment. Both the Quality Award and the Circular Economy Award are based on an assessment using the international EFQM (European Foundation for Quality Management) model. Juha Ylä-Autio, CEO of Excellence Finland, stated in their recent press release that the Quality Award recognised the best organisation in Finland that had achieved verifiable excellence in implementing its strategy. In its reasoning, the jury states that Metsä Board's processes for defining direction, implementing strategy, monitoring and reporting performance are appropriate and operate effectively. The organisation is consistently working to further strengthen the themes of sustainability and circular economy in its corporate culture. Metsä Board has also succeeded in developing effective forms of collaboration within its ecosystem. This is also reflected in the company's performance, business results and competitiveness.
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TIME Selects the PFAS-Free Packaging Line from Zume and Solenis as One of The Best Inventions of 2022

Zume, the global sustainability solutions company creating molded-fiber substitutes for single-use plastics, has been named one of TIME’s Best Inventions of 2022 for its line of PFAS-free packaging developed in partnership with Solenis, a leading global producer of specialty chemicals. The annual list from TIME features 200 innovative products that are changing the way we live across the sectors of education, health, finance, social good, transportation and more. 300 million tons of plastic waste is produced globally each year. Without a viable alternative, brands are left to continue using plastic or packaging made with harmful chemicals called PFAS which have been linked to health risks including cancer, liver damage, decreased fertility, asthma and thyroid disease.
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WestRock To Sell Ownership Interest in RTS Packaging, LLC to Sonoco; Agrees to Sell URB Mills in Illinois and Indiana to Ox Industries

WestRock Company announced it has entered into a definitive agreement to wholly divest its ownership interest in RTS Packaging, LLC, to joint venture partner Sonoco Products Company for $330 million, subject to customary price adjustments. In addition, the Company has signed a definitive agreement to sell its uncoated recycled paperboard (URB) mills in Eaton, Indiana, and Aurora, Illinois, to Ox Industries for $50 million.
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WestRock Reports Fiscal 2022 Fourth Quarter Results

Fourth Quarter Highlights and other notable items: *Record fourth quarter net sales of $5.4 billion increased 6.1% year-over-year *Net income of $345 million increased $21 million year-over-year, or 6.4%. Adjusted Net Income of $366 million increased $34 million year-over-year, growing 10.4%. Full Year 2022 Highlights: *Record full year net sales of $21.3 billion increased 13.4% compared to $18.7 billion in the prior year *Net income of $945 million increased $106 million year-over-year, or 12.7%. Adjusted Net Income of $1.245 billion increased $338 million year-over-year, growing 37.2%
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Cascades Reports Results for the Third Quarter of 2022

Q3 2022 Highlights *Sales of $1,174 million (compared with $1,119 million in Q2 2022 and $1,030 million in Q3 2021) **As reported (including specific items) *Operating income of $25 million (compared with $32 million in Q2 2022 and $73 million in Q3 2021) *Operating income before depreciation and amortization (OIBD) of $92 million (compared with $95 million in Q2 2022 and $136 million in Q3 2021)
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Tredegar Reports Third Quarter 2022 Results

Third Quarter Financial Results Highlights *Earnings before interest, taxes, depreciation and amortization ("EBITDA") from ongoing operations for Aluminum Extrusions of $12.1 million was consistent compared the third quarter of 2021 *EBITDA from ongoing operations for PE Films of $0.4 million was $4.4 million lower than the third quarter of 2021 *EBITDA from ongoing operations for Flexible Packaging Films of $7.8 million was $0.4 million higher than the third quarter of 2021
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Smurfit Kappa taps into growing online wine sales with eCommerce wine packaging portfolio

Smurfit Kappa has created an innovative and sustainable packaging solution specifically tailored for wine, to help businesses in the sector capitalise on the continued growth in eCommerce wine sales. The new solution holds Amazon’s ‘Frustration-Free Packaging’ (FFP) certification, which is a world first for a generic packaging solution that caters for different case counts and wine bottle types. The eCommerce wine sector has seen a significant increase in sales since the beginning of the pandemic in 2020. Shopping for wine online has been hailed as the next big consumer trend with market research company Euromonitor reporting a 52% increase in online wine sales between 2019 and 2021.
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Tabor City Expands Air Filtration Packaging Program With 77,000-Square-Foot Facility

We’re excited to announce the expansion of our air filtration packaging program with the addition of our new 77,000-square-foot facility in Tabor City, North Carolina! The air filtration industry is experiencing record demand… we’re here to help it with custom die-cutting, folding, gluing, and printing capabilities. Atlantic can produce nearly any design you need for your filter frames, whether that involves standard tooling or complex die cuts. Over the last 25 years, we have developed what we believe to be the premier program of products to supply the air filtration industry.
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Greif to Acquire Lee Container

Greif, Inc. announced it has entered into a definitive agreement to acquire Lee Container Corporation, Inc. (“Lee Container” or “Lee”), an industry-leading manufacturer of high-performance barrier and conventional blow molded containers, for a purchase price of $300 million before taking into consideration tax benefits with an estimated net present value of approximately $30 million. The all-cash transaction will be funded through Greif’s existing credit facility and is expected to close by the end of the calendar year, subject to customary closing conditions, including regulatory clearances. Lee Container is a leader in North American blow molded jerrycan production, primarily serving growth-oriented customers in the agrochemical, other specialty chemicals, oil & lubricant, and pet care segments. Lee Container operates three strategically positioned manufacturing facilities in Homerville, GA, Centerville, IA, and Nacogdoches, TX, with over 500 employees throughout the U.S. For the trailing twelve months ended September 30, 2022, Lee generated sales of $162 million and adjusted EBITDA of $33 million. Additionally, as part of the acquisition, Greif expects to realize approximately $6 million in synergies within the first two years of ownership.
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ePac Flexible Packaging Announces ePacONE (One Network Everywhere)

ePac Flexible Packaging announced the launch of ePacONE (One Network Everywhere), creating the world’s first and largest integrated network of packaging plants across the globe. ePacONE was developed by ePac to serve all brands, large and small, regardless of run-length. With ePacONE, ePac is committed to continue to innovate in the flexible packaging space by extending its unique value proposition to all brands. Customers of any size will now benefit from ePac’s industry leading Just-In-Time manufacturing capabilities across the globe, short lead time (5-15 business days once artwork is approved) and other engagement solutions (such as ePacConnect) at competitive prices whatever the order size. ePacONE is a one-of-kind proprietary cloud-based manufacturing platform which enables all ePac locations to be connected and managed as a single manufacturing plant. With ONE, jobs are automatically produced at the optimum locations based on proximity to customer, size, plant capabilities, and capacity. ONE also enables ePac to split jobs and produce them simultaneously in multiple locations.
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Pactiv Evergreen Reports Third Quarter 2022 Financial Results

Third Quarter 2022 Financial Highlights: *Net Revenues of $1,609 million for the third quarter of 2022 were down 2% compared to $1,640 million in the second quarter of 2022 with 3% attributed to volume decline, partially offset by 2% growth due to price/mix. Net revenues were up 15% compared to $1,394 million in the third quarter of 2021 with attributions of 17% growth due to price/mix and 8% growth due to acquisitions, partially offset by 8% volume decline and 2% decline due to dispositions. *Net Income from continuing operations was $175 million for the third quarter of 2022 compared to $74 million in the second quarter of 2022 and $2 million in the third quarter of 2021.
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Amcor investment in PulPac fiber technology to accelerate global deployment of innovative paper packaging

Amcor has announced its investment of US$3 million in PulPac, a Swedish company providing disruptive manufacturing technology for low-cost, high-performance fiber-based packaging. Amcor is one of several strategic investors in a cross-industry alliance aimed at driving the deployment of PulPac’s technology globally. PulPac is a pioneering, innovation-led company focused on developing its dry-molded fiber technology for use as a viable, sustainable option for the packaging industry. This solution uses raw materials readily found globally, manufactured using an innovative process that requires significantly less resources, which reduces CO2 emissions by 80%, compared to existing processes. This cross-industry investment will support PulPac’s global commercialization ambitions, enabling the company to deploy its solutions across markets and provide the potential for applications in Amcor’s own product ranges.
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Fazer’s chocolate Christmas calendar reduces plastic use

Fazer is launching a chocolate Christmas calendar made from lightweight and recyclable dispersion coated paperboard from Metsä Board, part of Metsä Group. The choice of material will reduce plastic use by 1,200 kg per year compared to the PE coated board used previously and will also improve recycling of the calendar. The wood fibre used in Fazer's Christmas calendar can be fully recycled. The lightweight paperboard used in the calendar supports the circular economy and reduces waste. Thanks to the lightweight and resource-efficient design, the carbon footprint of the calendar carton is also one quarter lower than the previous one. "Climate change mitigation and the circular economy are important themes for Fazer." says Piia Soininen-Tengvall, Packaging Development Director at Fazer. "Chocolate calendars need a layer to protect the chocolate, which is usually plastic. This year we are replacing the PE coated material with recyclable Metsä Board paperboard."
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Mondi provides sustainable eCommerce packaging solutions for MODIVO SA

Mondi has been appointed as the exclusive packaging provider for one of Europe’s largest fashion enterprises. Following a product trial earlier this year, Mondi will support MODIVO in switching from the standard rigid packaging currently used in the distribution of the e-retailer’s full collection of shoes, bags and clothes. Explaining the move, Łukasz Boguszewski from MODIVO company says: “Mondi was able to improve our packaging considerably and support us in reaching our sustainability goals. The Mondi portfolio offers solutions that are fit for purpose, using less space and material, while still protecting the goods on their way to our customers. Not only is this shift more environmentally friendly and cost-effective for our business, but it also reflects our commitment to meeting our customers’ expectations and consistently improving their experience.”
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Sonoco Reports Strong Third Quarter 2022 Results

Third Quarter 2022 Highlights *Third-quarter results exceeded the high end of guidance *Announced the Skjern Paper acquisition to expand production capacity in Europe *Launched state-of-the-art uncoated recycled paperboard (URB) #10 machine in the Hartsville Mill Complex *Released updated Corporate Responsibility Report highlighting commitments to ESG initiatives *Continued progress on strategic priorities which are expected to benefit financial results in 2023 and beyond
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SEE Reports Q3 2022 Results

*Net sales of $1.4 billion, flat as reported; up 5% constant currency *Net earnings of $133 million, up 23% *Earnings per share (Diluted) of $0.91, up 28% *Cash flow from operations (year to date) of $321 million, down 15% *Accelerating growth investments - CapEx of $184 million, up 19%, in 2022
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SEE to Acquire Liquibox

SEE announced that it has signed a definitive agreement to acquire Liquibox, a pioneer, innovator and manufacturer of Bag-in-Box sustainable Fluids & Liquids packaging and dispensing solutions for fresh food, beverage, consumer goods and industrial end-markets. This acquisition is highly complementary to Cryovac Fluids & Liquids business, the fastest growing area for SEE. Fluids & Liquids flexible packaging solutions are a $7 Billion addressable potential revenue opportunity with an attractive projected annual growth rate of approximately 6%.
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Atlantic Expands National Footprint with Facility Outside of Las Vegas

We’re pleased to announce the opening of our new 34,000 square foot facility in Henderson, Nevada, which will further support our growing West Coast customer base as well as the continued adoption of sustainable packaging alternatives. Located just outside of Las Vegas, the facility serves as a new shipping point for Atlantic Packaging customers in addition to operating as a showroom and shipping hub for A New Earth Project, a coalition powered by Atlantic Packaging comprised of outdoor enthusiasts, brands, and packaging suppliers leading a global effort to create, scale, and advocate for sustainable packaging solutions.
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Greif Announces Investment in Recycling Facilities

Greif’s Paper Packaging and Services (PPS) business has announced two significant investments in its recycling operations to support its growth strategy in sustainable paper packaging solutions. A new 81,000-square-foot paper recycling facility for collecting, processing, and baling has opened in Florence, Kentucky, bringing Greif’s total number of recycling facilities across North America to 19. In addition, Greif has more than doubled the size of its paper fiber recycling plant in Nashville, Tennessee, to enhance efficiency and support accelerated growth. The expanded facility covers a floor space of 72,000 square feet. Both plants are located in areas where demand for a collection of waste fiber and the supply of recycled paper and board is experiencing continued growth.
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Crown Honors Three of Its Facilities for Outstanding Sustainability Performance

Winners of the 2022 awards, which cover achievements in 2021, are as follows: The Environmental Sustainability Award recognizes excellence in environmental protection by minimizing the impact of the Company's operations, reducing material consumption or improving recycling or reuse. Our Chihuahua, Mexico beverage glass plant received this award for saving over 15.5 million gallons of water and improving the quality of the facility's wastewater. The Dahej, India plant in Crown's Transit Packaging Division received the Sustainability Award for Safety for its comprehensive approach to workplace safety and extensive track record of incident-free days – which currently stands at 2,342, or approximately six-and-a-half years. Crown's Conroe, Texas beverage can plant received the Social Sustainability Award, which recognizes activities that significantly impact the well-being of the workforce and/or the local community. The team has demonstrated a steadfast commitment to their community by participating in mentorship programs, food drives, job fairs and many other volunteer opportunities.
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Metsä Board commences the acquisition of company’s own shares

The Board of Directors of Metsä Board Corporation has decided to launch a share buyback of company’s own shares. The number of shares to be acquired based on the authorisation shall not exceed 1,000,000 B shares, which corresponds to approximately 0.3% of all the shares in the company. The shares will be acquired for use as part of the company's share-based incentive system and to prepare for the remuneration of the Board. The aggregate amount to be used for the acquisition of own shares shall not exceed EUR 11,000,000. The shares are acquired in one or more lots in trading organised by NASDAQ Helsinki Oy on the regulated market at the market price valid at the time of acquisition. The shares shall be acquired and paid for in accordance with the rules of NASDAQ Helsinki Oy and Euroclear Finland Oy.
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International Paper Reports Third Quarter 2022 Results

Third Quarter 2022 Highlights *Third quarter net earnings (loss) attributable to International Paper of $951 million ($2.64 per diluted share) compared with $511 million ($1.38 per diluted share) in the second quarter of 2022 and $864 million ($2.20 per diluted share) in the third quarter of 2021. Third quarter 2022 net earnings include a net after-tax benefit of $563 million ($1.56 per diluted share) related to the settlement of the previously announced timber monetization restructuring tax matter. Third quarter 2021 net earnings include a net after-tax gain of $350 million ($0.89 per diluted share) on the sale of our Kwidzyn, Poland mill. *10% year-over-year revenue growth based on strong price realization *$70 million of earnings achieved from Building a Better IP initiatives, bringing year-to-date to $175 million *Cash provided by operations of $435 million, bringing year-to-date to $1.4 billion *Returned $434 million to shareholders through share repurchases of $269 million and dividends of $165 million, bringing year-to-date to $1.6 billion
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Metsä Board’s comparable operating result in 2022 January–September was EUR 420 million

January–September 2022 (compared to 1–9/2021) *Sales were EUR 1,879.7 million (1,565.6). *The comparable operating result was EUR 420.0 million (295.3), or 22.3% of sales (18.9). Operating result was EUR 436.8 million (285.0). *Comparable earnings per share were EUR 0.90 (0.65), and earnings per share were EUR 0.94 (0.63). *Comparable return on capital employed was 23.0% (19.4). *Net cash flow from operations was EUR 161.7 million (209.8). July–September 2022 (compared to 7–9/2021) *Sales were EUR 647.3 million (516.1). *The comparable operating result was EUR 152.5 million (104.0), or 23.6% (20.1) of sales. Operating result was EUR 153.4 million (99.4). *Comparable earnings per share were EUR 0.33 (0.23), and earnings per share were EUR 0.33 (0.22). *Comparable return on capital employed was 24.7% (19.1). *Net cash flow from operations was EUR 66.4 million (59.1).
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The Future Of E-Commerce Mailers (twosides.info/UK)

The demand for more sustainable alternatives has driven the development of technologies designed for paper recycling programs in consumable products and packaging. Tough, affordable, recyclable and a viable alternative to single-use plastic packaging, paper e-commerce mailers like the ecoMLR are a more sustainable way to send small goods. The pros of using a paper e-commerce mailer such as the ecoMLR: *Cost savings – Lightweight to reduce postal and shipping costs *Waste reduction – More efficient with less free space & waste than cartons *Safe and Secure – Water-resistant with a secure opening *Easy to use – Self-seal is fast and simple to use and forms a water-resistant secure package *Easy to recycle – Recycle with your household paper waste *Easy on the environment – Kraft paper is made from 70% recycled paper *Premium quality – Kraft provides an ideal surface for showcasing your brand *Local Manufacture – Produced in Leeds supports British manufacturing *Advertising opportunities – Batch printing with your brand or third party offers to drive additional sales and revenue streams *Reusable – Single or multi-use designs
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Integreen™ Sustainable Film Technology Improves Recycling Options

Inteplast Engineered Films (IEF) has invested heavily in expanding its InteGreen™ family of sustainable films. Updates include new mailer bag films made with up to 80% recycled content and low- and ultra-low seal initiation temperature (SIT) films. Mailer bags have increased the conveniences of shipping and deliver for both merchants and consumers by offering weather-resistant packaging for everything from jewelry to books. The SIT films are significant sustainable alternatives for companies who integrate recyclable materials in their stand-up pouches. For example, pouches containing microwavable rice, pet treats, or granola can be made more efficiently without sacrificing the quality of the special film that keep its contents fresh. It’s a win for manufacturers and end users.
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Mondi and Reckitt launch paper-based packaging for Finish dishwasher tabs with 75% less plastic

Mondi has helped Reckitt on its sustainability journey by designing new paper-based packaging for the company’s market-leading Finish dishwasher tablets. Packaging for dishwasher tablets must be sealable, durable and water resistant, so using paper has traditionally been challenging. However, by working closely together along Mondi’s EcoSolutions approach, Mondi and Reckitt were able to create a solution that is sustainable by design: the new Finish packaging has successfully replaced 75% of the plastic with responsibly sourced paper. The remaining plastic is used to strengthen the paper structure and provide barrier protection to ensure the quality and safety of the Finish product as well as a re-closable seal. The new paper-based packaging for Finish will initially launch exclusively with Carrefour in France, where the packaging is recyclable in the existing paper recycling streams.
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Silgan Announces All-Time Record Quarterly Earnings

Silgan Holdings Inc. reported record third quarter net sales of $1.97 billion, a 19.3 percent increase over prior year third quarter net sales of $1.65 billion, and record third quarter 2022 net income of $138.7 million, or $1.25 per diluted share, as compared to third quarter 2021 net income of $106.3 million, or $0.96 per diluted share. “The Silgan team continued to deliver new all-time record adjusted EPS in both the third quarter and year-to-date periods, with a 25 percent increase as compared to the prior year quarter and an over 20 percent increase for the year-to-date period,” said Adam Greenlee, President and CEO.
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Graphic Packaging Holding Company Reports Third Quarter 2022 Results

Q3 2022 Highlights *Net Sales were $2,451 million versus $1,782 million in the prior year quarter. *Net Organic Sales increased 5% in the quarter and 4% year-to-date driven by global demand for sustainable, innovative fiber-based consumer packaging solutions. *Net Income was $193 million versus $73 million in the prior year quarter. *Global liquidity was $1.4 billion at quarter end. *Repurchased $15 million of common stock during the quarter; returned $38 million in total to stockholders in share repurchases and dividends. *In October, published 2021 environmental, social and governance (ESG) report reaffirming organization-wide focus on continuous improvement and highlighting the milestones achieved during the year advancing the Company's Vision 2025 ESG goals.
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Packaging Corporation Of America Reports Third Quarter 2022 Results

Packaging Corporation of America reported third quarter 2022 net income of $262 million, or $2.80 per share, and net income of $266 million, or $2.83 per share, excluding special items. Third quarter net sales were $2.1 billion in 2022 and $2.0 billion in 2021. Reported earnings in the third quarter of 2022 include special items primarily for certain costs at the Jackson, AL mill for paper-to-containerboard conversion related activities. Excluding special items, the $.14 per share increase in third quarter 2022 earnings compared to the third quarter of 2021 was driven primarily by higher prices and mix in our Packaging $1.60 and Paper $.23 segments, lower interest expense $.04, a lower share count resulting from share repurchases $.04, and a lower tax rate $.02. These items were partially offset by higher operating costs ($.77), lower volume in our Packaging ($.52) and Paper ($.05) segments, higher freight and logistics expenses ($.20), higher scheduled outage expenses ($.10), higher depreciation expense ($.07), higher converting costs ($.04), and other expenses ($.04).
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Crown Holdings, Inc. Reports Third Quarter 2022 Results

Net sales in the third quarter were $3,259 million compared to $2,920 million in the third quarter of 2021 reflecting increased beverage can unit volumes and the pass through of higher raw material costs partially offset by unfavorable foreign currency translation of $127 million. Income from operations was $297 million in the third quarter compared to $348 million in the third quarter of 2021. Segment income in the third quarter of 2022 was $336 million compared to $379 million in the prior year third quarter reflecting higher energy prices, costs associated with higher inventory levels and unfavorable foreign currency translation of $8 million.
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Amcor’s Latest Lightweighting Technology Launches a Quantum Leap for the Future of Packaging

Taking a quantum leap forward in reducing weight in packaging, Amcor Rigid Packaging has developed a revolutionary two-step, lightweighting technology that eliminates more than 50% of the material and weight in the finish of the bottle. A leader in developing technology that produces more sustainable packaging options, ARP’s new Quantum™ technology for polyethylene terephthalate (PET) bottles delivers sustainability benefits, lowers cost, and improves packaging appearance. By removing more than 50% of the material and weight from the finish, the new Quantum™ technology reduces manufacturing costs and GHG emissions, resulting in energy savings and lower carbon emissions compared to bottles with a traditional finish. Quantum™ technology also allows for up to 100% recycled material use and provides a superior consumer experience with a more sustainable, fully recyclable package.
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Stora Enso and Dizzie pioneering circularity in food packaging

Packaging is essential to our capacity to deliver wholesome, premium food and beverages to people all over the world, but we are convinced that this cannot be done at the expense of the environment. The typical packaging system in use today is unsustainable since it is still essentially linear: raw materials are used to create packaging for products, which is then discarded once the products have been used. Important problems are being caused by this approach, especially when it comes to plastics. At Stora Enso, we are inspired by the mission "Do good for people and the world," which is why we seek to collaborate with businesses that share our values. And we couldn't be more pleased to collaborate with Dizzie in the United Kingdom, a truly inspiring circular solution for home delivery of dry food products. Customers can buy necessities without packaging waste by utilizing the same reusable pots produced in Biocomposites by Stora Enso, which helps cut 114 billion pieces of plastic from shop shelves in the UK alone each year. So, how does it work? Products are packed in waste-free packaging that is delivered to the consumers’ doorstep with carbon-neutral delivery. When they run out of product, Dizzie will collect the pots, wash them, and fill them again & again & again…
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Stora Enso invests in conversion to accelerate growth in renewable packaging

Stora Enso has decided to invest approximately EUR 1 billion to convert the remaining idle paper machine at the Group’s Oulu site in Finland into a high-volume consumer board production line. The investment supports the Group’s growth strategy in renewable packaging by providing new volume for growing packaging segments. Production on the converted machine is estimated to start in early 2025. Following the first machine conversion at the Oulu site in 2021 from paper to kraftliner, the remaining idle paper line will be converted into a state-of-the-art highly flexible consumer board line for folding box board (FBB) and coated unbleached kraft (CUK). The total annual capacity will be 750,000 tonnes of consumer board. The target end-use segments are food and beverage packaging, especially frozen and chilled, and dry and fast food, mainly in Europe and North America.
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Huhtamäki Oyj’s Interim Report January 1–September 30, 2022: Continued strong performance

Q1-Q3 2022 in brief • Net sales increased 31% to EUR 3,375 million (EUR 2,575 million) • Comparable net sales growth at Group level was 18 % and 19% in emerging markets • The impact of currency movements on the Group’s net sales was EUR 186 million and EUR 16 million on EBIT • Capital expenditure was EUR 185 million (EUR 147 million) • Free cash flow was EUR -60 million (EUR 28 million)
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PPC Flexible Packaging, LLC Announces Acquisition of Plastic Packaging Technologies, LLC (whattheythink.com)

PPC Flexible Packaging LLC announces the acquisition of Kansas City, KS-based Plastic Packaging Technologies, LLC (PPT). PPC, headquartered in Buffalo Grove, IL, is a leader in printing and converting of flexible films, pouches, and other innovative packaging designs, including prototypes. It is a recognized pioneer in cleanroom packaging for healthcare and medical applications, consumer snack and organic brands, specialty produce, pet, nutraceutical, bakery and horticulture markets. With the addition of PPT, the firm now operates thirteen manufacturing facilities in Buffalo Grove, IL, Mission and Kansas City, KS, Rome, GA, Payson, UT, Pewaukee, WI, Colombia, South America, McKinney, TX, Columbus and Alliance, OH, North Salt Lake, UT, and Hartland, WI. Its facilities are AIB, SQF level II and ISO-9001 certified. Founded in 2017 with its first acquisition, PPC provides the highest quality products with best-in-class lead times to service both emerging and recognized brands.
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Intertape Polymer Group Inc., In Collaboration with IMA, Introduce “The Pack Station of the Future”

Intertape Polymer Group Inc. in collaboration with IMA, world leader in the design and manufacture of automatic machines, introduce the “Pack Station of the Future” at Pack Expo International 2022 in Chicago, IL on the 23rd of October, South Hall Booth S-2814. “Over the next decade, in all geographic regions, e-commerce sales continue to grow as a percentage of overall retail sales. Advanced packaging automation will be necessary to help e-tailers improve both throughput and their cost position as labor markets remain tight,” states Zach Kissel, VP Global E-Fulfillment with IPG. “The introduction of the E-CO Flex1 would allow for multiple pack stations to be combined into one without losing throughput and utilizing much less real estate than the multiple pack station model being used today.”
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Mondi approves €400 million investment in new kraft paper machine at Štětí mill (Czech Republic)

Mondi has announced the approval of a €400 million investment in a new paper machine at its flagship Štětí mill in the Czech Republic. The investment forms part of the Group’s €1 billion expansionary capital investment programme to accelerate growth in sustainable packaging and will further strengthen Mondi’s leading position in the market. The investment will help Mondi to meet the growing demand for paper-based flexible packaging, underpinned by growth in eCommerce and sustainable packaging, and will contribute to increasing Mondi’s range of innovative, sustainable packaging and paper solutions. The new machine will produce around 210,000 tonnes per annum of sack kraft paper supporting Mondi’s Paper Bags business thanks to the benefits of a vertically integrated value chain. It will also allow Mondi to optimise production across the remaining kraft paper portfolio and strengthen its leading position in speciality kraft paper across a broad range of applications such as functional barrier papers.
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ePac Introduces “Longer” Run Packaging Options

ePac Flexible Packaging, the industry leader in quick turn, short and medium run-length flexible packaging, is expanding its offering to include long run orders for brands of all sizes, while continuing to serve its SMB core customer base. The point at which the run length of a job makes it more cost effective to use conventional vs. digital printing is known as the crossover point. This, and factors such as lead times, plates, freight, and inventory obsolescence costs combine to determine when a job is best run digitally. Increasing this crossover point is where the company has been focused. ePac has been steadily building its infrastructure to increase the run length of jobs that are cost effectively produced on its fleet of over 50 HP Indigo digital presses located across the globe.
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Pratt Industries Officially Opens New Corrugated Box Plant in Park City, Kansas (papertoexport.com)

Governor Laura Kelly joined officials from Pratt Industries as they opened their new state-of-the-art advanced manufacturing corrugated box plant in Park City. The plant represents a $200 million investment that will create 58 new high-paying, quality jobs in Sedgwick County over the next five years. The almost 1 million-square-foot Park City facility will accommodate increased production capacity, employ 300 full-time “green collar” manufacturing jobs, and increase its presence in the greater Wichita area. The company will continue its recycling operations at the existing Wichita facility and use the new plant for manufacturing operations.
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12 In-Stock, Recyclable, Lightweight Tissue Paper Designs for Your Christmas 2022 Packaging

Halloween is just around the corner, marking for many in the United States the start of a busy holiday season. And the one holiday on every retailer's mind is, of course, Christmas. Christmas spending is an annual opportunity to increase sales and create new customers for your business. As we know, custom packaging is an effective way to achieve brand-loyal customers during this key time period. Custom holiday packaging require businesses to plan ahead during the first half of the year. It’s been a busy year for everyone in retail and, now that fall is already here, ordering custom packaging for the upcoming season might not be possible due to the reality of lead times. Think that means it’s too late to incorporate special holiday packaging for the 2022 season? Think again. Seaman Paper has your business covered with 12 in-stock and ready-to-ship holiday tissue paper designs.
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EnviroSense® Paper Blister™ Pre-qualified for How2Recycle® Labeling

How2Recycle has been the gold standard of on-product labeling for recyclability since 2008. Sonoco Alloyd has been pre-qualified to carry the How2Recycle label on the EnviroSense® PaperBlister™ package. The PaperBlister has been embraced by manufacturers, customers and consumers since its debut in 2019. The product has won multiple awards in recent years for smart design and innovative, sustainable features. The How2Recycle pre-qualification is the latest sustainable achievement for the PaperBlister™ and will allow Sonoco to continue helping brands meet their sustainability goals and expand on products’ curbside recyclability. The PaperBlister package is all paper, plastic-free, made entirely from renewable resources and can be fully recycled into the paper stream unlike traditional plastic blisters. How2Recycle labels help customers and consumers understand the difference in lookalike packaging, as well as what can be recycled, and how.
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Amcor announces release of first TCFD report

Amcor released its first Task Force on Climate-Related Financial Disclosure (TCFD) report, which includes the results of Amcor’s climate scenario analysis exercise, along with information about the company’s climate governance structure, risk management approach and performance metrics. As a leader in sustainability, the report marks another milestone for the organization, ensuring continued transparency of its climate-related business risks as well as providing a roadmap on how to best integrate climate risk management opportunities within its operational strategy. Michael Casamento, Chief Financial Officer at Amcor, said, “The report represents the latest example of how Amcor has integrated climate-related considerations into its growth strategy and risk management framework. Adding TCFD standards to our sustainability-related reporting that already adheres to the Global Reporting Initiative (GRI), as well as leading the packaging industry by reporting against SASB standards, helps us continue to lead with transparent, forward-thinking environmental stewardship.”
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No Liner, No Problem! Aptar Food + Beverage Announces Slide, a New Liner-Free Dispensing Closure

Aptar Food + Beverage, a global leader in dispensing solutions for more than 50 years, proudly announces Slide, a new approach that is set to revolutionize the dispensing closure market. This new offering is unique, because it does not require the application of a foil liner for shelf-stable food products, which is the market norm today. “We conducted multiple consumer studies while developing this solution, and in almost every case, we heard that removing the liner is a point of frustration today,” states Matt Schalewski, Senior Global Business Development Manager at Aptar. “Slide enables consumers to access their product with one opening gesture, delivering a convenient and memorable packaging experience while still protecting product shelf life and reducing the potential for product tampering.”
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Smurfit Kappa to invest $100 million to drive down emissions in Colombia

Smurfit Kappa, world leader in paper-based packaging, is investing almost USD100 million in a sustainable biomass boiler which will reduce its global Scope 1 and Scope 2 CO2 emissions by approximately 6%. The ambitious project is the latest example of the circularity that permeates every aspect of the company’s operations. Smurfit Kappa has successfully implemented biomass boilers at several other locations including the Nervion, Piteå and Sangüesa paper mills in Europe.
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Orion Rental Packaging Program Expansion Enables European BioPharma Companies to Increase Sustainability

Sonoco ThermoSafe one of the largest global providers of temperature assurance cold chain packaging, is expanding its Orion Rental packaging program in Europe, adding an additional reclamation service station in Brussels. The new Orion reclamation station is at CEVA Logistics in Brussels, chosen as an ideal location for its proximity to existing biopharma customers, prospects, and other western European countries. CEVA Logistics is a well-established logistics partner to 500+ healthcare and life science companies, fully compliant to GxP and ISO standards. The BRU Orion Rental Station will perform full reclamation, cleaning, and refurbishment processes necessary to return Orion boxes back into circulation in ‘like new’ quality condition, suitable for healthcare products.
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Sonoco Launches New URB Machine as Part of Project Horizon

Sonoco announced that the new uncoated recycled paperboard (URB) #10 machine is operational as part of its previously announced Project Horizon—the $125 million investment to transform its former corrugated medium machine in Hartsville, S.C to a state-of-the-art URB operation. Project Horizon was initiated, in part, to ensure the long-term viability and sustainability of Sonoco’s 100-year-old Hartsville Mill Complex, at which the Company produces almost one-third of its U.S. and Canadian URB. The introduction of the new operation is projected to drive $30 million in annual cost savings by 2024 and will ensure the mill remains globally competitive. This launch also marks Sonoco’s move to 100% recycled fibers in the Hartsville Mill Complex, which eliminated the manufacturing complex’s virgin pulp processing and chemical recovery operation.
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Pregis introduces the Performance Flexibles Renew Series film solutions

Pregis® recently introduced the Performance Flexibles Renew™ Series as the company continues to innovate and expand its sustainable offerings. Pregis has offered a wide range of Renew solutions for the inside-the-box packaging category, and this brand of solutions represents the most sustainable option within resin-based packaging alternatives as the brand continues to expand across product lines. The newest addition to the Pregis Renew Series is designed specifically for critical flexible packaging applications, including food, pharmaceutical, medical, and household consumer goods, incorporating innovative materials and recycled content that is custom engineered to the client’s specification. Engineered with a focus on three critical components of sustainability – recyclable, recycled content, and renewable – the Renew Series meets the growing demand for flexible packaging products that enable a circular economy.
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WestRock to close Corrugated Medium Operations at St. Paul, Minnesota Facility

WestRock Company announced it will permanently close the corrugated medium manufacturing operations at its St. Paul, Minnesota, recycled paper mill. The production of coated recycled board at this location will remain in operation. WestRock is committed to improving its return on invested capital as well as maximizing the performance of its assets, and the corrugated medium machinery at the St. Paul location would require significant capital investment to maintain and improve going forward. The shutdown of these assets will result in the reduction of 200,000 tons of annual corrugated medium production. “Shutting down operations and impacting the lives of our employees is a difficult decision to make,” said David B. Sewell, chief executive officer at WestRock. “As we implement our plans to close the corrugated medium operations in St. Paul, we are incredibly appreciative for the many contributions this team has made. We plan to assist these team members in exploring roles at other WestRock locations and with outplacement services.”
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Beyond the Box Solutions: Pratt Partners with Customers to Reduce Costs and Improve Efficiencies

At Pratt Industries, we take a holistic approach with our customers to look beyond basic packaging needs to develop vertically integrated, sustainable solutions to help protect, transport and drive sales for our customers’ products. To do this, we employ an extensive network of highly skilled experts who apply the knowledge they’ve gained from various industries to utilize best practices, reduce operational costs and improve efficiencies. Below are a few examples of how Pratt was able to assist our customers in creating beyond the box solutions for their organizations. Partnering with our Value Improvement Program (VIP) team, a customer was able to reduce costs across its operations, including material, pallets, warehouse and freight. Pratt experts partnered with the customer to evaluate packaging, shipping and storage requirements for nearly 200 items. The Pratt team then performed tests to understand how changing containerboard grades, packaging dimensions and pallet configuration affected the items and overall supply chain costs. Based on these studies, Pratt recommended using less corrugated material more efficiently and optimizing the balance of case stacking on pallets. The result was more cases per pallet layer and a reduction in truckloads to create substantial savings in material, warehousing and freight.
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Pregis Announces Senior Leadership Changes

Pregis®, a leading global manufacturer of flexible packaging and protective packaging solutions, today announced it is expanding its senior leadership roles, with Kevin Baudhuin adding the title of chairman in addition to his chief executive officer role, and Laurin Darnell promoted to chief operating officer. These leadership changes will allow Pregis to continue driving long-term growth while maintaining continuity as it builds upon recent successes. Baudhuin will intensify his focus on strategic growth, M&A, and advancing the company’s ESG efforts. Darnell assumes responsibility for day-to-day business operations, leading the company’s global operations and maintaining its growth trajectory to double in size in the next few years.
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Smurfit Kappa win record number of awards at this year’s FIA ceremony

Smurfit Kappa has won 21 awards for its forward-thinking and innovative packaging solutions at this year’s Flexographic Industry Association (FIA) UK awards. Since 2013, Smurfit Kappa has received over 130 FIA awards, consolidating its industry-leading position in the packaging industry. Smurfit Kappa’s sustainable packaging solutions received three gold, seven silver, seven bronze and three Highly Commended awards. Their Markham Vale site’s DRO - Operator Vince Ward also took home the highly coveted Student of the Year award, and the site themselves won the Silver award for the Best in Show category.
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Every Can Counts Survey Results: Two in Three European Consumers Believe More Should Be Done to Encourage Recycling

The latest consumer poll results by Every Can Counts (ECC) highlight that a truly sustainable future will require close collaboration between governments and beverage brands. The Recycling Habits and Attitude in Europe 2022 survey explores current recycling habits, identifies barriers and motivations to increase recycling, assesses knowledge around the recycling of aluminum beverage cans and uncovers messages that connect with European consumers. The message is clear: Recycling in Europe is not living up to its potential. Consumers need help from governments, brands, retailers and the packaging industry to do better. The top three initiatives consumers would like to see implemented to increase recycling rates are: using only 100% recyclable packaging (53%); more recycling in public areas (52%); and a deposit return program (50%).
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Huhtamaki launches innovative, recyclable ice cream packaging solution in the US, made with 95% renewable biobased material

Huhtamaki launches ICON® packaging, a breakthrough paper technology, initially for use for ice cream containers and lids, which enables recycling in communities with paper product recycling programs across the United States. This is a significant breakthrough in delivering a sustainable solution for consumers which combines Huhtamaki’s proprietary water-based barrier coating with SFI-certified paperboard and results in the entire package being made with 95% renewable biobased material. This enables the ice cream containers and lids to be recycled along with other paper products such as folded carton packaging. “Our paper-based technology and barrier solutions are the key differentiators in ICON® ice cream packaging. The technology allows ice cream packaging to enter the existing North American recycling stream more easily. At Huhtamaki we are driven by innovation and operational excellence, designing for circularity and developing next generation innovation. ICON® packaging has been developed by Huhtamaki’s Technology and Development (T&D) and operational team as an alternative packaging solution for ice cream. Our teams use their expertise in barrier functionality, paper forming and printing to drive differentiation and deliver game-changing sustainable food packaging to our customers,” explains Ann O’Hara, President of Huhtamaki North America.
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Corrugated Packaging Converter Carlisle Container Invests in EFI Nozomi 14000 LED Digital Press to Reduce Lead Times from Weeks to Days

Carlisle Container Company, a corrugated packaging converter founded in 1965, will significantly decrease turnaround times and boost efficiency with the acquisition of an EFI™ Nozomi 14000 LED single-pass inkjet corrugated packaging press from Electronics For Imaging, Inc. The business will install the new press in a facility adjacent to its main plant scheduled to open in early 2023. The Nozomi 14000 LED press is an important next step toward growth for a packaging company that has long appreciated the impact digital can have. “We implemented digital printing in the early days, acquiring our first VUTEk® printer in 2004,” said Carlisle Container CEO Diane Wolf. “Back then, we could print eight to ten 4x8-foot sheets per hour, and over time we updated technology to continue increasing throughput and quality. The Nozomi was the next logical move for us, and it will be a game changer.”
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Felleskjøpet packs premium pet food in Mondi’s FlexiBag Recyclable

Mondi, a global leader in packaging and paper, has developed a recyclable high-barrier packaging solution for Norwegian pet food manufacturer Felleskjøpet, that keeps material in circulation and avoids waste. Felleskjøpet is using Mondi’s FlexiBag Recyclable, a pre-made mono-material polyethylene (PE) bag, for the relaunch of its Appetitt range of dry cat and dog foods. It will replace the previous unrecyclable multi-layer solution, delivering packaging that is designed for recycling, according to CEFLEX D4ACE guidelines, and is recyclable in existing Norwegian plastic recycling streams. Mondi’s FlexiBag Recyclable provides excellent product protection and preserves the premium pet food, thanks to its high barrier material. A slider enables easy opening and closing for the bigger bags to ensure long-lasting freshness, while a handle allows for convenient transportation. FlexiBag Recyclable has excellent print qualities that guarantee good visibility on-shelf and can communicate all product and recycling information clearly.
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Mayr-Melnhof Acquisition of Essentra Packaging Successfully Completed

The Mayr-Melnhof Group has successfully completed the acquisition of Essentra Packaging, which was agreed in June 2022, following the approval of all relevant competition authorities. The transaction includes 100% interest in ESNT Packaging & Securing Solutions Limited (UK) and 100% interest in Essentra Packaging US Inc (US) and its affiliated companies. With this acquisition, MM Packaging is expanding its range of folding boxes, package inserts and labels for the resilient and profitable healthcare & pharmaceutical market, creating an attractive platform for further growth. Essentra Packaging comprises 21 manufacturing sites in 10 countries across Europe, the US mainland and Puerto Rico, ideally complementing MM Packaging's current position in pharmaceutical packaging in Scandinavia and France. Essentra Packaging employs around 3,500 people and reported sales of around £370m (currently around EUR 410m) for 2021.
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Mondi completes merger of Mondi Tire Kutsan and Mondi Olmuksan in Turkey

Further to an announcement made in July 2022, Mondi confirms that all conditions have been satisfied and the merger of Mondi Tire Kutsan Kağıt ve Ambalaj Sanayi a.ş. and Mondi Olmuksan Kağıt ve Ambalaj Sanayi Anonim Şirketi will come into effect from 30 September 2022. Mondi currently holds 84.65% of the shares of Mondi Turkey Oluklu Mukavva Kağıt ve Ambalaj Sanayi A.Ş. . The new entity Mondi Turkey Oluklu Mukavva Kağıt ve Ambalaj Sanayi A.Ş., is part of Mondi’s Corrugated Packaging business unit. Mondi Turkey Oluklu Mukavva Kağıt ve Ambalaj Sanayi A.Ş. operates a network of nine corrugated solutions plants across the country, a containerboard mill in Tire and a waste paper collection facility in Adana. Mondi Turkey Oluklu Mukavva Kağıt ve Ambalaj Sanayi A.Ş. employs more than 1,600 people and has a listing on the Istanbul Stock Exchange (BIST).
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Sonoco to Expand European Manufacturing with the Acquisition of Skjern Paper in Denmark

Sonoco announced it has entered into a definitive agreement to acquire S.P. Holding, Skjern A/S, a privately owned manufacturer of paper based in Skjern, Denmark. The acquisition expands production capacity for customers and Sonoco converting operations throughout Europe and bordering regions. The estimated $88 million (675 million DKK) all-cash transaction has been unanimously approved by Sonoco’s Board of Directors and is expected to be completed in the fourth quarter of 2022, subject to customary closing conditions. Founded in 1965, Skjern is a leading producer of high-grade paperboard from 100% recycled paper for rigid paper containers, tubes and cores, and other applications. The company has robust sustainability programs in place for renewable energy and CO2 emission reduction and operations are powered by a biomass boiler, which reduces reliance on natural gas. In 2022, Skjern is expected to achieve annual sales of $50 million and the transaction is expected to be immediately accretive to both earnings per share and cash flow.
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Georgia-Pacific to invest more than $425 million for a state-of-the-art Dixie facility in Jackson, Tennessee

Georgia-Pacific has announced plans to invest more than $425 million to build a Dixie facility in Jackson, the largest single investment in the city’s history. Once operational, the plant will employ more than 200 people and produce well-known tableware products, including the Dixie® and Dixie Ultra® lines of plates and bowls. The 900,000-square-foot facility will sit on 241 acres west of the city. Construction is slated to begin by the end of the year and startup is expected in the summer of 2024. The fully air-conditioned workspace will include a printer, associated plate forming converting assets, and other state-of-the-art manufacturing technology. Georgia-Pacific directly employs approximately 460 people and operates six facilities in Tennessee.
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Berry Global and Mars, Incorporated Announce the Launch of Recycled Content Packaging

Berry Global Group, Inc. is collaborating with snack and treats leader Mars, Incorporated to launch its popular pantry-sized treats in polyethylene terephthalate (PET) jars that have been optimized to be lighter weight and include 15% post-consumer resin (PCR). With the shared mission of creating more sustainable packaging solutions, Berry and Mars will launch the new jars for the M&M’S®, SKITTLES®, and STARBURST® brands later this month. The easy-grip square jars are produced at Berry’s manufacturing facility, using a single-pellet, food-grade resin to assure a clean, consistent substrate sourced from mechanical recycling. With a history of results in light-weighting, Berry approached Mars with the new concept including PCR. Berry brought its problem-solving and technical expertise to the table to help Mars make progress toward their sustainability goals. In addition to the inclusion of PCR, the jar is also widely recyclable.
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Sonoco ThermoSafe and United Cargo Sign Global Master Lease Agreement

Sonoco ThermoSafe and United Cargo are pleased to announce a global lease agreement for the new Pegasus ULD® temperature-controlled bulk shipping container. The agreement enables pharmaceutical freight forwarders access to Pegasus ULD® containers directly from United Cargo. Sonoco ThermoSafe’s Pegasus ULD® is the world’s first FAA and EASA-approved passive bulk temperature-controlled ULD container for pharmaceutical use, which enables it to speed through international air freight handling and customs processes at the lowest possible cost. With a focus on sustainability, the Pegasus ULD® is engineered with composite materials, offering a lighter solution that is also substantially more damage-resistant than traditional metal containers. Additionally, the Pegasus ULD® contains a fully integrated, FAA-approved telemetry system providing real-time, cloud-based data on payload and ambient temperature and key environmental factors, precisely synchronized with GPS location.
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Amcor introduces DairySeal™ featuring ClearCor™, a more sustainable packaging line for the ready-to-drink dairy market

Amcor Rigid Packaging (ARP) introduces the DairySeal™ line of packaging that features ClearCor™, an advanced polyethylene terephthalate (PET) barrier. With the introduction of DairySeal, the exploding nutritional, dairy alternatives, and ready-to-drink (RTD) market will now have a more sustainable packaging option that can be leveraged across all retail channels. The ClearCor PET barrier technology is a concentrated capsulation in the center of the preform that allows more flexibility and resin options. This technology positively impacts the overall performance of the barrier in the packaging and maintains recyclability. The DairySeal line of packaging can be made with up to 80 percent of recyclable material while maintaining superior taste and performance for the brand.
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Koehler Paper Launches KOEHLER NEXPURE® WRAP« at Fachpack in Nuremberg

Koehler Paper is presenting Koehler NexPure® Wrap, a sustainable, lightweight packaging paper for fast-food products, to the public for the first time at the FachPack trade fair in Nuremberg, Germany, from September 27 to 29. The new paper, designed for burger and wrap packaging, has a grammage of 29.5 and uses natural raw materials for the barrier function. Koehler NexPure® Wrap is a sustainable fast-food packaging that is entirely free from fluorinated chemical coatings while offering the same properties. The product exclusively uses pulp from certified sustainable forestry and controlled sources as its primary fiber. Koehler NexPure® Wrap is the perfect addition to Koehler’s ‘Seal & Wrap’ campaign and, with its excellent grease barrier and adapted water vapor barrier, it is a fantastic alternative to solutions that are not fully recyclable, which are currently still in widespread use in fast-food system catering. Koehler NexPure® Wrap is primarily used in packaging for burgers, sandwiches, and wraps.
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Mondi seals mono-material bacon packaging

Mondi, a global leader in sustainable packaging and paper, has helped Austrian food company Handl Tyrol to wrap their bacon in an eye-catching solution that will contribute to a circular economy by keeping materials in circulation. The mono-material polypropylene (PP) film is recyclable in existing recycling streams for mixed polyolefins and keeps the bacon fresh, providing a ‘second skin’ that seals securely with both a high-barrier top and bottom film. The packaging has been designed to look like a wooden chopping board, providing instant on-shelf appeal and brand recognition. Working closely with Handl Tyrol, Mondi employed its collaborative EcoSolutions approach to ensure the packaging is best for the manufacturer, product, end user and environment. The mono-material PP packaging was also shortlisted for the Green Packaging Star Award 2022.
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Fibrease™ by Stora Enso – A recyclable wood foam ready to replace polymer-based packaging solutions

The recyclable and fiber-based wood foam Fibrease™ by Stora Enso can replace e.g. polymer-based foams in packaging solutions. A partnership with Nefab has made it possible to scale up the production and broadly introduce Fibrease to the market, and it’s already being used by customers. We are all familiar with the polyurethane (PU) foam used for cushioning in packaging. It performs well when it comes to protecting products. It’s made of fossil raw materials and used frequently within a variety of industries worldwide. Now, after a successful collaboration between Stora Enso and Nefab, the fiber-based material Fibrease is ready to broadly replace polymer foams; offering brand owners sustainable packaging solutions. “We see a growing demand from eco-conscious companies to replace plastic-based foams with more sustainable alternatives. With Fibrease we can give them that,” says Johan Tegell, Product Manager, Fiber-based solutions at Nefab.
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UPM Raflatac and Logopak announce collaboration to offer the first robust linerless solution in print and apply labeling

The label manufacturer UPM Raflatac and the industrial labeling and identification solutions provider Logopak have agreed on a collaboration, which provides their customers the first robust linerless solution in print and apply labeling. With linerless labeling, omitting the label liner significantly increases the running length and capacity of the label rolls, saves costs, and benefits the environment by reducing the CO2 footprint in production and logistics. As a first step the collaboration will improve especially the automatic labeling of secondary packaging. The benefits of the collaboration for customers are realized through the excellent compatibility between Logopak’s linerless labeling technology and UPM Raflatac’s Linerless Opticut™ label material. Logopak has tested the functionality of the linerless printing with more than one million cuts with UPM Raflatac’s OptiCut material without any significant pollution or major abrasion of the cutter. This remarkable result is proof that together Logopak and UPM Raflatac can provide a labeling solution that takes automatic linerless labeling to unprecedented level of speed, accuracy and reliability tackling the challenges linerless labeling has conventionally faced.
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HP PageWide Digital Press to Expand WestRock Printing Capabilities

WestRock Company has acquired an HP PageWide T1190 Press to complement and expand its portfolio of unmatched corrugated printing capabilities, increase value and enable customers to win in the marketplace. Vertically integrated from paper manufacturing to printing to converting, WestRock offers customers a single source solution for high impact graphics, retail cases and displays on demand. The 110-inch wide inkjet digital press is capable of running at 1,000 ft/min and will enhance existing offset litho, flexo preprint, flexo direct print and sheet-fed digital printing used within the Company’s global network of corrugated box plants and specialty facilities.
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Metsä Board starts pre-engineering for new folding boxboard mill in Kaskinen, Finland

Metsä Board, part of Metsä Group, announced in May 2022 that it will explore possibilities to increase folding boxboard capacity in Finland or Sweden in order to support its customers’ growth and to strengthen its service capability. As result of the study, the company will start pre-engineering for a new folding boxboard mill with an annual capacity of approximately 800,000 tonnes at the Kaskinen mill site in Finland. The pre-engineering phase will include technical design, design of infrastructure and logistics solutions and tendering for the main equipment. As part of the pre-engineering, an environmental impact assessment and an environmental permit process will be launched. The company estimates that a possible investment decision could be made in 2024 at the earliest. The pre-engineering for the new folding boxboard mill is based on fossil-free production and world-class resource and production efficiency. Thanks to the best available technology, the consumption of raw materials, energy and water per tonne of folding boxboard produced would be significantly lower when compared with the existing mills. The product concept would benefit from Metsä Board's long-term development work in the production of premium lightweight paperboards.
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Amcor Increases Strategic Investment in ePac Flexible Packaging

Amcor announced a further strategic investment of up to $45 million in ePac Flexible Packaging (“ePac”), a leader in high quality, short run length digitally-based flexible packaging. The investment will increase Amcor’s minority shareholding in ePac Holdings LLC. Amcor’s Executive Vice President of Strategy and Development, Ian Wilson, said, “This additional investment reflects our confidence in ePac’s entrepreneurial team and their proven ability to rapidly scale in the high growth, often higher value short run segment. Since our initial investment last year, we have been deeply impressed with ePac’s focused and innovative business model centered around deploying a very high level of digitalization and customization. ePac’s proven digital technologies enable the delivery of exceptional service levels and significantly reduced lead times. These specializations are designed to meet the unique speed to market and service needs of locally based small to medium customers, skill sets that are highly transferable to areas of Amcor’s core business.
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Pregis® announces the expansion of its Inspyre™ product line with the new Inspyre™ Mailer, amplifying its contributions to help fight water insecurities in communities around the world. Inspyre™ packaging is a brand member of 1% for the Planet, with one percent of the product line’s sales funding Uzima, a charity that makes and distributes water filters that provide clean drinking water to people in need. The Inspyre mailer offers an efficient, lightweight, and sustainable way to ship non-fragile items and soft goods such as apparel, linens, in direct-to-consumer e-commerce applications. Made with a minimum of 30 percent recycled content, the new Inspyre poly mailer offers customers a unique packaging solution that contributes to sustainability goals and positive change.
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UPM Specialty Papers introduces heat sealable and recyclable UPM Confidio and UPM Confidio Pro barrier papers designed for dry and frozen foods

UPM Specialty Papers presents the latest innovative additions to its extensive selection of sustainable and recyclable packaging papers. UPM Confidio™ and UPM Confidio™ Pro combine moisture-, and grease resistance with excellent heat sealing properties. This makes the materials stand out in the market and offers a concrete competitive edge. In building a future beyond fossils, UPM Specialty Papers provides the packaging industry with innovative and renewable solutions from sustainably managed forests. Known for its high expertise in technically demanding papers and cutting-edge solutions, UPM Specialty Papers adds heat sealable products to UPM’s wide packaging product portfolio. This ground-breaking feature allows for a streamlined conversion process and an accelerated time-to-market. Made from renewable fibres, UPM Confidio and UPM Confidio Pro are repulpable and designed to be recycled in regular fibre recycling streams.
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CanCollar® X Is Newest Solution Automated by Patented CanCollar Fortuna® Platform

WestRock Company announced an expansion of its CanCollar® family of multipack solutions with the introduction of CanCollar® X, a fiber-based solution for sustainable large format canned beverage packaging enabling as much as fifty percent material reduction compared to fully-enclosed traditional packaging. As the newest addition to the family of solutions automated by the patented CanCollar Fortuna® platform, CanCollar® X uses a similar fiber-based, glue-free minimalist design preferred by consumers to maximize can visibility, is comfortable for consumers to handle and optimizes the use of material to bundle multipacks for larger formats. “Whether it’s beer, soft drinks, or sparkling water, across the globe large multipacks of cans are packaged in shrink film,” said Chris Davidson, vice president, Sustainability at WestRock. “With CanCollar® X we have an opportunity to significantly reduce materials when compared to fully-enclosed cartons and replace hard-to-recycle plastic shrink wrap with recyclable fiber-based packaging, improving circularity at impressive scale.”
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Sonoco ThermoSafe and American Airlines Sign Global Master Lease Agreement

Sonoco ThermoSafe and American Airlines Cargo are pleased to announce a global partnership lease agreement for the new Pegasus ULD® passive temperature-controlled bulk shipping container. The Sonoco ThermoSafe’s Pegasus ULD® will join the carrier’s fleet of container products in the coming months. With a focus on sustainability, the Pegasus ULD® is engineered with composite materials, offering a lighter solution that is also substantially more damage-resistant than traditional metal containers. The Pegasus is also the world’s first FAA and EASA-approved advanced passive bulk temperature-controlled ULD container for pharmaceutical use, outfitted with real-time tracking and temperature-measuring capabilities.
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Beverage Can Weight Reduction: Celebrating a Milestone Achievement

At Crown, we continue to prioritize initiatives that enhance sustainability and reduce greenhouse gas (GHG) emissions. This is reflected in our Twentyby30 sustainability strategy, which includes a commitment to dedicate at least half of Research & Development (R&D) efforts toward minimizing the footprint of our products and manufacturing processes. Our ambitious plan also strives to decrease GHG emissions by reducing packaging material use by making aluminum cans 10% lighter in weight by 2030 (compared to a 2019 baseline). In 2021, after several years of intensive development efforts, our R&D and Customer Technical Services (CTS) teams achieved a 4% global average reduction in our standard 12 oz. (330 ml) can weight. The CTS team, composed of expert engineers offering training and production analysis support, was pivotal in ensuring these lighter-weight cans did not sacrifice performance or the critical barrier and strength properties that brand owners’ demand. Lightweighting efforts add to metal’s superior properties in terms of recyclability and the benefits are compounded as the material circulates through the process time and time again. Weight reductions allow us to produce more cans with the same amount of aluminum used previously for standard cans, which has a positive impact on GHG emissions through energy savings.
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Inteplast’s Remington Stretch Films Operations are Up and Running

Inteplast’s AmTopp Division has begun production on one of its two stretch film extrusion lines and will increase its current workforce by more than 37 percent in time for mid-September, when the second stretch film line goes into production. Stretch film, made from linear low-density polyethylene, is used to secure goods during their transport, allowing for palletized loads and other profile types to be stabilized, unitized, and protected from dust or other unhygienic or corrosive elements. Combined, the stretch film and pre-stretch extrusion lines are estimated to yield a monthly average of 2 million pounds in product until the startup of the second stretch film line, when it increases to 5 million pounds. Currently the plant’s pre-stretch production has averaged more than 500,000 pounds per month for the last year-and-a-half. The Remington facility is slated to produce up to 60 million pounds of film per year. AmTopp Division President Homer Hsieh said that the stretch film product offerings available at Remington now mirror the facility’s four sister plants in Lolita and Houston, TX; Charlotte, NC; and Phoenix, AZ.
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Stora Enso acquires Dutch company De Jong Packaging Group to accelerate growth in renewable corrugated packaging

Stora Enso acquires De Jong Packaging Group, based in the Netherlands, for an enterprise value of approximately EUR 1,020 million. This acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth and build market share in renewable packaging in Europe. De Jong Packaging Group is one of the largest corrugated packaging producers in the Benelux countries. Its product portfolio and geographic presence will complement and enhance Stora Enso’s offering, especially in fresh produce, e-commerce and industrial packaging. The acquisition of De Jong Packaging Group will significantly strengthen Stora Enso’s European market presence in corrugated packaging and provide an entry into the Netherlands, Belgium, Germany and the UK. With this acquisition, Stora Enso’s Packaging Solutions division will increase its corrugated packaging capacity by approximately 1,200 million m2 to more than 2,000 million m2, including De Jong Packaging Group’s ongoing expansion projects. This will secure a platform for continued growth in key markets. The European corrugated packaging market is fragmented, with local presence key for sustainable growth.
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Lecta to participate in Drinktec 2022

5 years after the last edition of the fair, Drinktec will be the meeting point once again for the international beverage and liquid food industry from September 12-16, 2022, in Munich. Lecta, which has dramatically expanded its innovative and natural ranges of specialty papers for label, beverage, packaging and food service applications, will not be missing out on this event. Visitors will be able to appreciate the excellent quality and versatility of our product lines including Metalvac metallized papers, the exclusive range of Adestor self-adhesive materials, Creaset one-side coated papers and Eurokote cast-coated papers, plus Linerset, Lecta's new range of release liners. These papers have been designed in keeping with the new criteria for sustainable packaging, product design and consumer trends that, according to Drinktec, will shape the future of the beverage industry.
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Huhtamaki divests its operations in Russia

Huhtamaki has sold its operations in Russia to Espetina Ltd. Espetina is a holding company owned by Alexander Govor and Iury Kushnerov. The transaction includes four manufacturing units in Russia, employing 724 people. On April 14, 2022, Huhtamaki announced its intention to divest its operations in Russia. This followed an earlier decision to stop all investments in Russia at the outbreak of the invasion of Ukraine. “We consider that the current evolution of the situation and the long-term outlook in Russia will prevent the realization of our growth strategy and long-term ambitions in the country. We are pleased to bring to a close the subsequent review of our strategic options in Russia. As part of the process, we conducted extensive due diligence to find the best possible buyer and future partner for our local employees – the safety and wellbeing of whom remain important to us. We feel that Espetina will be a good and committed owner for the business and the future of our employees”, says Charles Héaulmé, President and CEO, Huhtamaki.
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Amcor reveals Lift-Off seed capital winners with investments that seek to “drive the revolution in packaging”

Amcor has announced the first batch of recipients for its ground-breaking Amcor Lift-Off seed funding initiative. Launched in April, Amcor Lift-Off targets breakthrough, state-of-the-art technologies that will further advance Amcor’s initiatives to make the future of packaging more sustainable. Following multiple pitch rounds, the winners of the initial Lift-Off program are: • Bloom Biorenewables Ltd: A chemical and biomaterials company, which converts plant waste into chemicals used in packaging; and • Nfinite Nanotechnology: An advanced materials company, which leverages smart nanocoatings to make packaging recyclable and compostable. Each company will receive investments of US $250,000 and access to Amcor’s best-in-class research and development resources.
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Fortis Solutions Group Acquires Digital Dogma Corp.

Fortis Solutions Group LLC announced the acquisition of Digital Dogma Corp. based in Santa Fe Springs, California. Terms of the transaction were not disclosed. Digital Dogma is a digital manufacturer of pressure sensitive labels, shrink sleeves and flexible packaging serving the food and beverage, wine and spirits, nutraceutical, health and beauty, and industrial end markets from its locations in Santa Fe Springs and Paso Robles, California. Fortis President and CEO John O. Wynne, Jr. said, "As an early adopter of digital printing technology, Digital Dogma has always been at the forefront of innovation within our industry. With this acquisition, we are excited to extend our digital printing capabilities to California and offer coast to coast solutions for our customers. I am looking forward to working with Paul Mulcahey and the Digital Dogma team as we enhance our shrink sleeve, flexible packaging and pressure sensitive offerings."
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Ahlstrom-Munksjö Continues Investment in the Beverage Industry, Consolidating Leadership Position

With a major investment of EUR 40 million in a now operational production asset, Ahlstrom-Munksjö cements its market position, upgrading its production platform in its well-established Beverage & Casing business. The advanced Voith paper machine line was installed on the Chirnside site in the Scottish Borders. This investment enables an improved product portfolio, higher quality, and significantly increased manufacturing capacity in addition to upgraded supply-chain security. The machine is now starting commercial grade production, marking a new era for the Beverage & Casing Business. To consolidate the success of the new line, the Radcliffe long fiber production facility in Scotland has also expanded to enable seamless vertical integration. “Commissioning the new paper machine allows us to serve our existing customers faster and better whilst facilitating our growth ambitions,” says Philippe Sevoz, Vice President of Beverage & Casing business. “Thanks to our Chirnside and Radcliffe team’s extensive knowledge and capabilities in Tea, Coffee and Casing we can continue to provide best-in-class innovative and sustainable products to our customers worldwide and can cement our unique position to become our customers’ supplier of choice.”
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Sonoco-Alcore to Increase Tube & Core Prices in the EMEA Region

Sonoco-Alcore S.a.r.l. announces that due to continued inflationary pressure on the business it will raise prices by 70EUR/ton or 60 GBP/ton for the UK on all tube and core grades sold in the Company’s EMEA regions. The increase is in direct response to the continued escalation of its cost base and will be effective for all shipments made on or after September 1, 2022. “We continue to experience further cost increases in all sectors of our operations and supply chain, mainly related to volatile gas and electricity prices raising to record high levels. We are again forced to pass on cost increases to the market, as we are unable to absorb them any further. Supply security and quality remains our primary focus. No shortages are currently foreseen but we need to cover our cost to maintain our operational status,” said Karsten Kemmerling, Division VP - Sales & Marketing EMEA. Sonoco Alcore S.a.r.l. is wholly owned by Sonoco (NYSE:SON) and operates 24 tube and core plants and five paperboard mills in Europe.
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SEE Board Extends CEO Ted Doheny’s Contract through 2027

“SEE is on a journey to become a world-class, digitally driven company automating sustainable packaging solutions. Over the past five years, Ted has architected our purpose-driven transformation and energized our growth during one of the most challenging times in the company’s history. We are confident that Ted is the right leader to continue to successfully advance our long-term strategy and accomplish our vision,” said Henry Keizer, SEE’s Chairman of the Board. “SEE has a bright future ahead of it. I’m grateful to serve as CEO for another five years and for the opportunity to continue to lead our talented people to reach our vision,” said Ted Doheny. “Since 2017, we have transformed the business significantly, and there is still more to accomplish. We are cultivating a diverse and caring growth culture for our people and creating exceptional experiences for our customers by accelerating our growth in digital, automation and sustainability. We work each day to deliver world-class performance, create long-term value for our shareholders and make our world better than we found it.”
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Fortis Solutions Group Acquires Identi-Graphics

Fortis Solutions Group LLC ("Fortis"), a leading provider of high impact printed packaging solutions and a portfolio company of funds managed by Harvest Partners, LP, announced the acquisition of Identi-Graphics, Inc. based in Montgomery, Illinois. Terms of the transaction were not disclosed. Identi-Graphics is a manufacturer and printer of pressure sensitive labels and flexible packaging products serving the snack, bakery, confectionary, cosmetic and chemical end markets in the U.S. and Canada. The company specializes in the printing of bar wrappers for the nutritional supplement industry, in both heat and cold seal applications. Fortis President and CEO John O. Wynne, Jr. said, "Fortis is excited to bolster its flexible packaging and label capabilities in key end-markets with the acquisition of Identi-Graphics. With its great technical aptitude and central location, Identi-Graphics is well positioned for future growth. We welcome the experienced Identi-Graphics team and look forward to working with them."
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Smurfit Kappa helps rare football boots seller achieve sustainability goal

Smurfit Kappa has developed a new sustainable eCommerce packaging solution for RareBoots4u, a supplier of classic football boots to many well-known names in world football, including Karim Benzema, Bruno Fernandes and Mason Mount. RareBoots4u approached Smurfit Kappa to create a customised and sustainable packaging solution that had the flexibility to accommodate a wide variety of sizes of football boots alongside promoting its brand. The new RareBoots4u box creates a positive customer experience with its striking design and clean lines. It also enhances the company’s sustainability credentials as it uses a reduced amount of material and is recyclable, renewable and biodegradable.
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Sustainability, Consumer Demand Drive Paper Packaging Innovation

When it comes to packaging innovation, the industry is seeing something of a revival in paper and paper-based packaging, thanks to growing consumer demand for plastic alternatives, increased urbanization and an uptick in extended producer responsibility (EPR) legislation related to packaging. The great news is that paper and paper-based packaging, such as the recycled containerboard that will be produced at our Kingsport Mill starting early next year, is made from sustainable wood fiber and is easily recyclable. In fact, the paper recycling rate hit 68 percent in 2021, with paper and paper-based packaging make up the majority of packaging that is recycled each year. In 2021 91.4 percent of cardboard boxes were recycled, up from 88.8 percent in 2020. Today’s interest in plastic alternatives is spurring a new wave of packaging innovation, in part through a series of design challenges. In 2021, Domtar was named a winner in the Beyond the Bag challenge for its strong yet stretchable cellulose fiber-based bag.
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When do you need to invest in an automatic bagging machine?

Ecommerce sales have increased over the last three years, primarily due to the pandemic, but now shoppers are leaning into the convenience of having packaged goods delivered. This puts sellers in a situation where they need to adjust their packaging processes to keep up with demand. There are a few common ways product manufacturers pack and ship products. Bagging is a go-to solution for excellent reasons. Poly bags are safe, efficient and secure. They come in various sizes and film blends to meet application requirements, and can even be customized or printed to enhance a company’s marketing capabilities. Bagging machines, also known as automatic bagging machines, automatic baggers, or auto baggers, are equipment that quickly and consistently adds products to a poly bag. The machines can also assume a lot of the tiny tasks associated with putting a package together to be shipped safely. If you’ve found yourself wondering whether or not you need a bagging machine in your operation, there are a few things to consider. click read more below...
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Amcor expands Innovation Center Network with opening of world-class facility in Asia Pacific

Amcor announced the opening of its latest Innovation Center in Jiangyin, China. The new center brings advanced packaging technologies and more sustainable material science to Asia Pacific, helping to drive growth and innovation across the region. At the core of all Amcor innovation centers are three key programs designed to encourage collaboration on how to develop, in real-time, the best solution that meets customer requirements that will help facilitate growth. • The Catalyst™ program - a flexible, collaborative, and creative approach of co-innovation that allows customers to customize solutions for their markets and customers, leveraging advanced analytical and material science labs. • The Ideation and Prototyping Innovation Lab – taking consumer insights and ideas to conduct rapid prototyping, helping significantly shorten product development and evaluation cycles. • The Applications Lab – offering a range of production machinery testing capabilities to identify potential issues quickly and early, helping to make the product development process more efficient, cost-effective and seamless.
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New sample books demonstrate the performance of Metsä Board’s premium lightweight paperboards

The new swatch books for Metsä Board’s product portfolio are designed to demonstrate the performance of each of the paperboard grades. The images used in the product sample cards have been selected to match the typical end-use area of each product. In addition to a printed sample card, there is an unprinted card of each grade in the folder. Metsä Board’s sustainable folding boxboard range includes lightweight paperboards with a natural look and feel as well as coated paperboards for premium image reproduction and luxury appearance. Metsä Board’s portfolio includes both PE extrusion-coated paperboards and an easily recyclable and compostable dispersion coated barrier paperboard. The barrier board sample cards are flexo or offset printed, depending on the most typical printing method used for each board.
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Pregis Performance Flexibles facility receives ISCC PLUS Certification

Pregis® announced today that it's Grand Rapids, MI facility received the International Sustainability and Carbon Certification (ISCC) PLUS, a globally recognized system for the sustainability certification of recycled and bio-based materials in support of its Performance Flexibles solution offering. The ISCC PLUS certification includes the mass balance chain of custody option, providing traceability along the supply chain. This third-party certification enables Pregis to produce solutions that are classified as circular, bio-circular, and/or bio-base. Becoming ISCC PLUS certified highlights our commitment to supporting customers in enabling a circular economy. The company is able to engineer its Pregis Performance Flexibles Renew™ Series film solutions with these bio-certified materials, meeting the growing demand for flexible packaging options that align with customers’ sustainability and performance goals. Pregis applies responsible sourcing and advanced recycling to custom engineer films that are setting the sustainability standards withing the industry.
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TC Transcontinental Packaging Recognized by Pet Sustainability Coalition

TC Transcontinental Packaging, the Packaging Sector of TC Transcontinental (TSX: TCL.A TCL.B), a leader in flexible packaging in North and Latin America, has been named a Top Performer 2022/2023 by the Pet Sustainability Coalition (PSC) in the Earth Defender Category, based on its environmental focus and leadership in working towards the United Nations Sustainable Development Goals. This prestigious award, given annually to the top 20% of PSC-accredited companies, recognizes TC Transcontinental Packaging’s Corporate Social Responsibility (CSR) leadership. TC Transcontinental Packaging was accredited by PSC earlier this year after a third-party validation of its positive environmental and social impact. “TC Transcontinental Packaging is committed to creating flexible packaging that is 100% recyclable, reusable, or compostable by 2025. We are honored to be recognized for our sustainability initiatives,” said Thomas Morin, President, TC Transcontinental Packaging. “By demonstrating leadership in sustainable packaging, we proudly provide our customers with a roadmap to lessen their environmental footprint and create long-term value for stakeholders.”
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Georgia-Pacific is investing more than $20 million in its Lebanon, Tennessee plant

Georgia-Pacific is making a significant investment of more than $20 million at its plant in Lebanon, Tennessee. Its existing corrugator will be replaced with a new one to provide the plant with more throughput and provide customers with a better-quality product. “This is as much an investment in our current and future customers as it is in our Lebanon operations,” said Rob Streeter, Georgia-Pacific’s area general manager. “This new technologically advanced corrugator will give us the ability to supply the independent and integrated box and display customers throughout the mid-South, with upgraded offerings such as two-sided high-quality print, including Georgia-Pacific’s Hummingbird® digital print, on a variety of fluting options for the converted board.” The project will be conducted in phases through 2023 while the existing corrugator continues to operate. The planned startup of the new unit will be sometime in the first half of 2024.
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ePac Flexible Packaging Announces Global Expansion

ePac Flexible Packaging, the industry leader in quick turn, short and medium run-length flexible packaging, has announced it will accelerate its growth and transition to a global enterprise over the next 18 months. Eleven new sales and manufacturing locations will be established across Europe, Asia Pacific, Middle East/North Africa, and North America bringing ePac’s global footprint to 36 locations. In Europe, a second plant will be added in each of the UK, France, and Poland. In Austria, ePac Innsbruck will open in Q4 2022, along with a new site(s) to serve the Netherlands and the Scandinavian countries. In the Asia Pacific region, second plants will be added in Indonesia and Australia, and a new operation will start up in Malaysia. The company also plans to establish an Asia-based Global Services group to manage operations in the region. In the Middle East/North Africa region, ePac West Africa in Ghana will open in Q4 of this year, while evaluations of new sites in Kenya and Turkey are underway. Finally, in North America, previously announced ePac Montreal is planned to open in early 2023, along with 3 additional plants in the US.
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Sonoco-Alcore to Increase Paperboard Prices in the EMEA Region

Sonoco-Alcore S.a.r.l. announces that due to the continued escalation in the cost of European energy it will raise prices by €70 per tonne on all recycled paperboard grades sold in the Company’s EMEA regions effective for shipments made on or after the 1st September 2022. “In light of the significant increases seen across the recent energy markets, the uncertainty facing the forthcoming winter period and the resultant impact on our supply costs we have no choice but to raise prices accordingly,” said Phil Woolley, Vice President – Paper Europe. “We will continue to monitor the situation closely and will take every action necessary to maintain supplies to our customers. We cannot however rule out further increases or surcharges being required at this stage.”
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Amcor buys world-class scalable flexible packaging plant in Central Europe

Amcor announced that it has closed the acquisition of a world-class flexible packaging plant located in the Czech Republic. The strategic location of the site immediately increases Amcor’s ability to satisfy strong demand and customer growth across its flexible packaging network in Europe. “With this acquisition we are investing to accelerate the organic growth momentum of our flexibles business in Europe in attractive segments,” said Michael Zacka, President, Amcor Flexibles Europe, Middle East & Africa. “The scalable nature of the acquired site and its attractive location further bolsters our ability to service strong customer demand and generate strong returns for Amcor shareholders.”
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Metsä Group’s and Valmet’s 3D fibre product demo plant was inaugurated in Äänekoski

The 3D fibre product demo plant jointly owned by Metsä Group's innovation company Metsä Spring and Valmet was inaugurated in Äänekoski on Monday, 22 August 2022. The demo plant was inaugurated by Minister of Science and Culture Petri Honkonen, President and CEO of Metsä Group Ilkka Hämälä and CEO of Valmet Pasi Laine. The new Muoto® product, which is manufactured by the demo plant, is a significant new opening in the packaging market. Made from renewable and sustainably grown wood raw material, Muoto is an excellent alternative to plastics in many end uses, for example food packaging of different sizes and shapes. "It is important that new types of value-added products are developed from Finnish pulp, of which Muoto is a great example. It is a packaging material made from fossil-free raw materials for people's everyday life. We continue the development work towards a broader business," says Ilkka Hämälä.
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One Clean Carton® with Water- and Agri-based Printing Tests Safe for Pharmaceutical and Food-Safe Secondary Packaging

One Clean Carton®, from Colbert Packaging Corporation, once again passed a series of laboratory tests to confirm its suitability for pharmaceutical and food-safe secondary packaging. New for 2022, Colbert submitted test samples of water-based, flexographic printed cartons as well as an agri-based, offset printed version. Both cartons samples included an agri-based offset printed insert glued inside. All components of One Clean Carton, including inks, coatings and adhesives, are tested to ensure they meet environmental and safety agency standards to be considered clean and safe for indirect food and drug contact. In order to state the Clean Carton claim, packaging samples underwent comprehensive analytical testing. “Pharma and Consumer product managers tasked with sourcing environmentally-friendly packaging have more reasons to choose One Clean Carton with confidence,” says Lon Johnson, vice president of sales and marketing. “In this round of testing, we elected to test both flexographic and offset printing on sustainably sourced paperboard, using water- and agri-based inks, and Clean Carton passed again.”
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Novolex Introduces Innovative Paper Shopping Bags for More Secure Transport and Deliveries

Duro®, a Novolex® brand, is introducing Load & Fold® Shopping Bags and Load & Seal® Shopping Bags, tamper-evident paper bags that offer more secure transport and deliveries for restaurants and retailers. The bags feature a wide opening for easy loading, a flat bottom to keep items secure and sturdy paper twist handles for easy and reliable carrying. The Load & Fold bags offer an upscale folded top security option using a customer-supplied branded label or other adhesive to seal the bag; the Load & Seal bags offer a built-in tamper-evident adhesive strip to securely seal the bag.
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Amcor reports strong fiscal 2022 financial results

Amcor CEO Ron Delia said: “Fiscal 2022 was another outstanding year for Amcor. Our financial performance accelerated throughout the year as we delivered our strongest quarter in June with organic sales growth of 6% and adjusted EBIT growth of 9%. For the full year, strong execution resulted in 11% adjusted EPS growth, at the top end of our guidance range and supported by organic sales growth of 4%. We generated over $1 billion in adjusted free cash flow, supporting $600 million in share repurchases and an increase in what we believe is a very compelling dividend." “This is our third consecutive year of accelerating top line growth, and we expect to sustain this momentum including by stepping up investments in areas such as higher value-add priority segments. This gives us confidence the business will deliver another year of strong underlying EPS growth in the range of 7% to 12%. We also plan to continue returning capital to shareholders while actively exploring opportunities for value-creating acquisitions across our portfolio."
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Walki Group to acquire Finnish packing producers Westpak and Flexipack

Walki Group has signed a definitive agreement to acquire 100% of the shares in Westpak Oy Ab and Flexipack Oy Ab. Since years, these two companies form an integrated value chain, providing high quality flexible packaging solutions to leading Nordic food brands. In 2021 Flexipack and Westpak generated combined sales of about Euro 40 million. Together they are employing some 100 employees. Westpak is based in Säkylä, Finland, whilst Flexipack production facility is located in Vaasa, Finland. “With this acquisition we continue to implement our strategy to expand our offering of more sustainable packaging alternatives by leveraging on our strong material science know-how. Flexipack and Westpak have a very complementary offering of high-quality printed products and a proven commitment to a dedicated customer service” says Leif Frilund, President and CEO of Walki Group.
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Renewable source, high performance: why brands should switch to bio-based plastics

A great deal is required of today's packaging materials. Brands are expected to be on top of things, choosing packaging with many factors – safety, recyclability, functionality, and product appeal – in mind. Furthermore, choosing the right packaging can be an important aspect of a brand's marketing strategy. So, what’s in it for brands and the packaging industry if they decided to switch bio-based plastics like PEF? Sustainability is one of the most cited factors in defence of changing to bioplastics. The good new is, it is not the only one. In this article, we take a look at four major advantages of switching PEF – and look at different aspects for packaging companies and brand owners. 1. A fossil-free alternative - As we all probably know by now, the use of plastic is associated with many problems, like the release of fossil carbon dioxide into the atmosphere at its end-of-life. In addition, one of the largest bulk plastics worldwide, traditional polyethylene terephthalate (PET), contains fossil-based terephthalic acid (PTA). Switching to its bio-based alternative polyethylene furandicarboxylate (PEF), which uses furandicarboxylic acid (FDCA) instead of PTA, could bring about significant reductions in greenhouse gas emissions worldwide.
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Sole Source Capital Portfolio Company Dallas Plastics Acquires Emballage MPP

Sole Source Capital LLC, an industrial-focused private equity firm, announced that its portfolio company, Dallas Plastics, a leading manufacturer of blown polyethylene film with printing, embossing, and other value-added capabilities for the medical, food, and industrial end markets, has acquired Emballage MPP, Inc. (“MPP”). Terms of the transaction were not disclosed. Headquartered in Montreal, Quebec, MPP manufactures a diversified range of polyethylene-based blown film products, selling primarily to defensive end markets including medical, food packaging, and logistics. MPP’s location gives Dallas Plastics a foothold in Canada, significantly expanding the company’s addressable geographic market. The increased scale and geography enhances Dallas Plastics’ customer base and strengthens its leadership position in the production and distribution of high-performance specialty films used in flexible packaging.
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Esko announces acquisition of Canadian-based Tilia Labs

Esko, the global developer of integrated hardware and software solutions for the print, packaging, and label industries, has acquired imposition A.I. software company Tilia Labs, in a deal that delivers on the need of brand owners and converters to connect and integrate the entire value chain through upstream digitalization. Tilia Labs’ range of intelligent algorithms for sheet layout, estimation, and planning complement Esko’s existing software suite and the two companies will work together to develop next generation integrated solutions.
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MM Group Results for the first half of 2022

The consolidated sales of the group increased by EUR 928.9 million to EUR 2,218.5 million (H1 2021: EUR 1,289.6 million). This increase resulted primarily from the acquisitions of the previous year and from passing on cost increases through higher prices. At EUR 285.0 million, the operating result was EUR 192.9 million higher than in the previous year (H1 2021: EUR 92.1 million). The significant increase results in particular from the MM Board & Paper division. In the previous year, one-time expenses from adjustment and restructuring measures amounting to EUR 26.1 million were recorded in the packaging division. The Group's operating margin thus reached 12.8% (H1 2021: 7.1%). The profit for the period increased by EUR 143.6 million to EUR 205.8 million (H1 2021: EUR 62.2 million).
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WestRock Partners With Budějovický Budvar and Mattoni 1873 to Advance Circularity Efforts in Czech Republic Beverage Industry

WestRock Company has delivered its flexible and efficient Cluster-Pak® EvoTech™ packaging solution for a joint partnership between Budějovický Budvar and Mattoni 1873 to advance their shared commitment to improving circularity in the Czech Republic. The solution has been deployed to package BIRGO, a non-alcoholic beer featuring unique flavor profiles developed by Mattoni in partnership with Budějovický Budvar, the Czech Republic’s largest international exporter of craft beer and the exclusive producer of BIRGO. Cluster-Pak EvoTech features easy, repeatable changeovers along with an optimized use of water, heat and electricity to improve both energy and operating efficiencies on high-speed lines. Its use of recyclable fiber-based packaging made from materials sourced from responsibly managed forests is key to establishing circularity on the BIRGO production line.
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Tredegar Reports Second Quarter 2022 Results

Second Quarter Financial Results Highlights: *Earnings before interest, taxes, depreciation and amortization ("EBITDA") from ongoing operations for Aluminum Extrusions of $21.9 million was $2.2 million higher than the second quarter of 2021 *EBITDA from ongoing operations for PE Films of $7.1 million was $1.9 million lower than the second quarter of 2021 *EBITDA from ongoing operations for Flexible Packaging Films of $7.6 million was $0.6 million lower than the second quarter of 2021
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Cascades reports temporary delays to Bear Island mill construction (recyclingtoday.com)

In its second quarter financial report, Kingsey Falls, Quebec-based packaging producer Cascades Inc. has announced its Bear Island conversion project in Ashland, Virginia, has been impacted by the "current inflationary environment." The company says higher cost levels combined with labor and material availability constraints have led to temporary delays in certain construction milestones and have increased the total cost of the project near $470 million to $485 million. The conversion originally was projected to cost approximately $380 million when the project first was announced in October 2020. "Our team is working closely with contractors to mitigate any potential delay caused by these elements in order to meet the targeted mid-December 2022 start date," Cascades President and CEO Mario Plourde says.
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Hood Container Corporation Announces Acquisition of Walker, Michigan Based Kentwood Packaging

Hood Container Corporation announced that it has acquired the corrugated packaging business of Walker, MI based Kentwood Packaging Inc. The transaction includes all of Kentwood’s design, manufacturing, assembly, and fulfillment operations in Walker, including its membership in Great Lakes Wax Coatings, LLC. Jack Skoog and Tom Boluyt, co-owners of Kentwood Packaging Corporation, stated, “We have built this business successfully over the last 30 years by creating a customer-centric business model. Our focus has been to partner and collaborate with our employees, customers, and suppliers. We are extremely excited to be joining a family-owned company in Hood, whose values and culture truly mirror ours. We will be a stronger partner for our customers with the benefits of Hood’s national footprint and their ability to offer vertical supply chain integration.” Jack Skoog will continue his leadership role in this market as General Manager and Tom Boluyt after 41 years at KPC will be enjoying his retirement. Tom commented, “We have incredible employees and customers at KPC, and I have enjoyed working with them over all these years. I think they will benefit from being part of Hood Container.” Jack added, “I expect a seamless transition and look forward to a successful future with Hood Container.”
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Cascades Reports Results for the Second Quarter of 2022

Q2 2022 Highlights *Sales of $1,119 million (compared with $1,038 million in Q1 2022 and $956 million in Q2 2021) *Operating income (loss) of $32 million (compared with $(4) million in Q1 2022 and $23 million in Q2 2021) *Operating income before depreciation and amortization (OIBD) of $95 million (compared with $56 million in Q1 2022 and $87 million in Q2 2021) *Net earnings per common share of $0.10 (compared with net loss per common share of ($0.15) in Q1 2022 and net earnings per common share of $0.02 in Q2 2021)
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Socorro Bebidas Expands Its Portfolio Into Mineral Water Using Crown’s Sustainable Packaging Alternative

Crown Embalagens Metálicas da Amazônia S.A., a subsidiary of Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com), has partnered with Brazilian beverage producer, Socorro Bebidas (Socorro), to extend its line of mineral water to include infinitely recyclable beverage cans. The brand, Acquíssima, is currently available in supermarkets across Brazil in two SKUs: Personnalité (natural mineral water) and Passion (carbonated mineral water). Both are now available in 355ml (12oz.) sleek cans to support a premium, modern image. Over the last decade, still packaged water consumption per capita in Brazil has increased by 105% and continues to take market share from tap and bulk water. This growth in demand for packaged water has presented local beverage producers with an opportunity to diversify their brand portfolios and many are exploring how to bring these products to market while also supporting sustainability. This was particularly important to Socorro, as the brand has a robust social responsibility program in place.
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Smurfit Kappa’s circular approach to benefit local community

The Smurfit Kappa paper mill in Nettingsdorf, Austria, has launched a sustainable district heating project that will benefit 20,000 homes across three communities when completed. The scheme will capture excess heat generated from the Nettingsdorf paper mill to provide heating for local homes, businesses and schools. Civil works have commenced on the ambitious project with the first trenches excavated and pipes laid in June. The central heat distribution building and equipment will be erected in the coming months and it is planned that a local elementary school and the kindergarten in Nettingsdorf will be the first premises to benefit from the scheme early next year.
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O-I Glass Reports Second Quarter 2022 Results

Net sales were $1.8 billion in the second quarter of 2022, up from $1.7 billion in the prior year quarter. Unfavorable foreign currency translation impacted sales by $95 million and $11 million of lower sales was due to divestitures. Higher average selling prices contributed $208 million to sales. Shipments (in tons, excluding divestitures) improved approximately one percent while sales declined $1 million due to the net effect of higher sales volume and a slightly unfavorable change in mix. Other sales improved $17 million driven by higher machine part sales. Segment operating profit was $257 million in the second quarter of 2022 compared to $232 million in the prior year quarter.
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Berry Global Group, Inc. Reports Third Fiscal Quarter 2022 Results

The net sales growth is primarily attributed to increased selling prices of $301 million due to the pass through of inflation. On a two-year basis, organic volumes were up 3%, as we reported strong organic volume growth of 5% a year ago, compared to a 2% decline in the quarter. The volume decline is primarily attributed to general market softness in industrial markets and the moderation of advantaged products related to the easing of the COVID-19 pandemic. Net sales were also impacted by a $151 million unfavorable impact from foreign currency changes and prior year quarter divestiture sales of $16 million. The operating income decrease is primarily attributed to a $22 million unfavorable impact from foreign currency, and an $11 million unfavorable impact from the volume decline, partially offset by a $28 million favorable impact from price cost spread and product mix.
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Pregis expands Inspyre™ product line with new mailer; increases support of environmental nonprofit organization

Pregis® announces the expansion of its Inspyre™ product line with the new Inspyre™ Mailer, amplifying its contributions to help fight water insecurities in communities around the world. Inspyre™ packaging is a brand member of 1% for the Planet, with one percent of the product line’s sales funding Uzima, a charity that makes and distributes water filters that provide clean drinking water to people in need. The Inspyre mailer offers an efficient, lightweight, and sustainable way to ship non-fragile items and soft goods such as apparel, linens, in direct-to-consumer e-commerce applications. Made with a minimum of 30 percent recycled content, the new Inspyre poly mailer offers customers a unique packaging solution that contributes to sustainability goals and positive change. The mailer, available in fanfold and roll stock, runs through Pregis Sharp automated bagging systems, which can increase throughput by four times that of manual packing applications, helping fulfillment centers maximize efficiency and minimize labor constraints.
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SEE Reports Q2 2022 Results

Second Quarter 2022 U.S. GAAP Summary: Net sales of $1.4 billion increased 7% as reported, with the Americas increasing 13%, EMEA decreasing 4%, and APAC decreasing 3%. Net earnings were $114 million, or $0.77 per diluted share, as compared to net earnings of $109 million, or $0.71 per diluted share. The current period results were impacted by pre-tax losses including a $16 million impairment of an equity investment and an $11 million loss on debt redemption. Income tax expense was $43 million, resulting in an effective tax rate of 27.2% in second quarter 2022. This compares to an income tax expense of $46 million in the prior year, or an effective tax rate of 29.7%, which was unfavorably impacted by legislative changes to foreign statutes.
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Total U.S. Containerboard Production Increased Two Percent in Q2 2022

The American Forest & Paper Association (AF&PA) has released its Q2 2022 Containerboard Quarterly report. According to the report, total containerboard production in Q2 increased 2% compared to Q2 2021. It was also up 2% when compared to the same 6 months of 2021. New supply of containerboard (domestic production plus imports) was essentially flat compared to Q2 2021, as well as year-to-date. The Linerboard operating rate in Q2 was 94.3%, up 1.5 points from the previous quarter. The Medium operating rate for the quarter was 96%, down 0.6 points from Q1 2022.
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O-I Glass to Build New Glass Plant in Bowling Green, KY

O-I Glass, Inc. will build a new greenfield glass plant in Bowling Green, KY. In line with strong consumer trends towards healthy, recyclable, and sustainable food and beverage packaging, the company is adding capacity to support its customers with brand-building premium glass containers. The company plans to invest up to $240 million in multiple expansion waves over time and create approximately 140 new jobs in the region. The new plant will be the first facility purposely-built for O-I’s revolutionary MAGMA technology that is set to redefine the glass production process for the future. MAGMA is expected to further enhance O-I’s capabilities to support multiple product categories and expand in today’s highly differentiated product segments. The production facility is also expected to set new standards in sustainable glass manufacturing. Using renewable electricity, gas-oxy fuel, and other innovative solutions, it will significantly advance O-I’s sustainability roadmap and make glass an even more compelling choice for consumers, customers, and the environment.
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Aptar Reports Second Quarter 2022 Results

Second Quarter 2022 Summary *Reported sales grew 4% and net income increased 15% to $64 million *Core sales increased 10% and adjusted EBITDA increased 8% to $160 million *Reported earnings per share increased 17% to $0.95 compared to $0.81 in the prior year *Adjusted earnings per share increased 13% to $0.96 compared to $0.85 in the prior year (including comparable exchange rates) *Each segment achieved sales growth through improved volume as well as increased pricing, with Pharma and Beauty + Home segments reaching double-digit core sales growth
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WestRock to Acquire Remaining Interest in Grupo Gondi

WestRock Company announced that it has entered into an agreement to acquire the remaining interest in Grupo Gondi for $970 million, plus the assumption of debt, representing an estimated implied enterprise value of $1.763 billion. Upon completion of this transaction, WestRock will further enhance its leading position in the growing Latin American containerboard, paperboard and consumer and corrugated packaging markets. Grupo Gondi operates four paper mills, nine corrugated packaging plants and six high graphic plants throughout Mexico, producing sustainable packaging for a wide range of end markets in the region. The tuck-in acquisition will provide WestRock further geographic and end market diversification as well as position the Company to continue to grow in the attractive Latin American market. "Acquiring the remaining interest in Grupo Gondi is the next strategic step in our broader North American paper and packaging expansion strategy," said David B. Sewell, chief executive officer of WestRock. "As onshoring continues to grow in the region, WestRock will be well positioned to meet this growing demand with fully integrated operations in Mexico. We will also have expanded capabilities to serve customers across many geographies, driving additional productivity and cost savings.”
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International Paper Reports Second Quarter 2022 Results

SECOND QUARTER 2022 HIGHLIGHTS Second quarter net earnings attributable to International Paper of $511 million compared with $360 million in the first quarter of 2022 and $432 millionin the second quarter of 2021. 13% year-over-year revenue growth $65 million of earnings achieved from Building a Better IP initiatives, bringing year-to-date to $105 million Cash provided by operations of $390 million, bringing year-to-date to $978 million Returned $565 million to shareholders through share repurchases of $395 million and dividends of $170 million in the second quarter, bringing year-to-date to $1.1 billion
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Metsä Board’s comparable operating result in January–June 2022 was EUR 267 million

JANUARY–JUNE 2022 (compared to 1–6/2021) *Sales were EUR 1,232.5 million (1,049.5). *The comparable operating result was EUR 267.4 million (191.3), or 21.7% (18.2) of sales. Operating result was EUR 283.3 million (185.6). *Comparable earnings per share were EUR 0.57 (0.42), and earnings per share were EUR 0.61 (0.41). *Comparable return on capital employed was 23.0% (19.3). *Net cash flow from operations was EUR 95.3 million (150.7).
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Novolex Releases Fourth Annual Sustainability Report

Novolex® released its fourth annual sustainability report, detailing progress towards its greenhouse gas reduction target and other environmental, social and governance (ESG) commitments. The 2021 Novolex Sustainability Report highlights Novolex’s expanded new target for greenhouse gas (GHG) reductions from operations — 30% by 2030. The new goal came after the company in 2021 met its original commitment to reduce GHG emissions by 2025. Emissions-related data were verified by a third party. This year’s report also includes a new metric, aligned with Sustainability Accounting Standards Board guidance, sharing that 78% of applicable revenues derive from products that can be recycled, composted or reused.
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Silgan Announces All-Time Record Quarterly Earnings and Estimates Higher Earnings Next Quarter

Highlights *Earnings per diluted share (EPS) of $0.83 *Achieved record revenue in each business segment *Achieved record segment income in Dispensing and Specialty Closures and Custom Containers *Confirmed record full year earnings outlook *Renewed long-term contract with largest steel food container customer *Announced transfer of stock listing to NYSE, effective August 1, 2022
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CANPACK Group to Invest $140 Million in Greenfield Aluminum Beverage Can Plant in Poços de Caldas, Brazil

CANPACK S.A., part of the CANPACK Group, and a global leading manufacturer of sustainable packaging announced it will increase its manufacturing capacity of aluminum beverage cans with a new production facility in Poços de Caldas, in the State of Minas Gerais, Brazil. Officials from CANPACK along with state and local officials and economic development leaders jointly announced the new facility following the approval of the project earlier today, with economic development incentives provided by both the state and local governments. With a total investment of approximately BRL 710 million (USD 140 million), this new facility represents CANPACK’s continued commitment to developing the Brazilian packaging sector. The announcement of this new plant takes place only a few months after the company committed to investing BRL 360 million (USD 70 million) in an aluminum beverage can ends production facility in Manaus (Amazonas). The total value of both investments exceeds BRL 1 billion.
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Pregis adds new paper-based, light cushioning solution to its sustainable packaging portfolio

Pregis continues to expand its Easypack® portfolio of paper-based packaging solutions with the introduction of GeoTerra™, a sustainable, expandable paper product that provides light cushioning and interleaving protection. Made from recyclable Kraft paper, GeoTerra helps brands throughout the North American market meet their environmental goals while providing customers more circular curbside recyclable packaging options. This inside-the-box packaging is a wrappable solution that is efficient to store and use while also providing exceptional protection attributes. GeoTerra expands during dispensing forming a lattice structure that provides a protective cushioning and interleaving for fragile products, such as glassware, cosmetics, candles, and jarred food products. The pattern nests together to lock products in place, providing six-sided protection without the need for tape or fastening, further increasing efficiency and convenience. GeoTerra arrives in compact and stackable rolls to minimize warehouse space. The proprietary dispenser is designed for easy tension adjustment allowing for a quick pull, tear, and pack motion, and the rolls are light weight and easy to load on the dispenser. The GeoTerra rolls are also available in a convenient dispenser box for mobile packing needs.
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Tetra Pak to exit Russia

Tetra Pak announced that it will be exiting its remaining operations in Russia. This is due to the cumulative impact of the restrictions on exports to Russia leading to an unsustainable supply chain, as a result of which the company is left with no other option than to exit the country. This follows the company’s earlier decision to suspend all new investments and projects in Russia, restricting its operations to support customers for essential food items only, in line with its strongly held commitment to the principle of people’s right to access safe food. Tetra Pak has now reached an agreement to divest its Russian business to local management, with the intention of enabling business continuity for its customers, minimizing the impact on employees, and continuing to support consumers’ access to essential food.
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Klabin reports Adjusted EBITDA of R$ 1.843 billion in the second quarter of 2022

Klabin, Brazil’s largest producer and exporter of paper for packaging and sustainable solutions for paper packaging, besides offering hardwood pulp, softwood pulp and fluff to the market, has reported Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) of R$1.843 billion in the second quarter of 2022, excluding non-recurring effects, an increase of 2% from the same period last year. Net revenue reached R$ 5.039 billion in the second quarter of this year, up 24% year on year, driven by higher sales volume and consistent growth across all business lines, which offset the impact caused by the higher real vis-à-vis the dollar on exports during the period.
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Packaging Corporation Of America Reports Second Quarter 2022 Results

Packaging Corporation of America (NYSE: PKG) today reported second quarter 2022 net income of $301 million, or $3.20 per share, and net income of $304 million, or $3.23 per share, excluding special items. Second quarter net sales were $2.2 billion in 2022 and $1.9 billion in 2021. In the Packaging segment, total corrugated products shipments and shipments per day were flat (0.18%) compared to last year’s second quarter, which was up 9.6% versus the previous year. Containerboard production was 1,256,000 tons, and containerboard inventory was up 2,000 tons versus the first quarter of 2022 and up 5,000 tons compared to the second quarter of 2021. In the Paper segment, sales volume was down 17,000 tons compared to the second quarter of 2021 and down 10,000 tons from the first quarter of 2022.
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SKG First Half 2022 Results

Tony Smurfit, Group CEO, commented: “I am pleased to report a strong first half performance with revenue growth of 36%, EBITDA of €1,174 million, an EBITDA margin of 18.4%, EPS growth of 85% and ROCE of 19.3%. “Our strong performance is a result of the many actions we have taken over a number of years. These actions include significant customer-focused investments to meet growth, providing the most innovative and sustainable paper-based packaging in the marketplace and selective acquisitions ensuring security of supply to our customers.
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Georgia-Pacific Breaks Ground on $500 Million Expansion in Green Bay, Wisconsin

A $500 million expansion is underway at Georgia-Pacific's Broadway mill. The investments will significantly enhance the company’s retail consumer tissue and towel business. Investments include building a new paper machine using through-air-dried (TAD) technology and adding associated converting equipment and infrastructure. The improvements will allow the expansion of Georgia-Pacific’s premium brands and support the growth of current and potential customers’ premium private label brands. It's expected to be complete in 2024.
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Graphic Packaging Holding Company Reports Second Quarter 2022 Results

Net Sales increased 36% to $2,358 million in the second quarter of 2022, compared to $1,737 million in the prior year period. The $621 million increase was driven by $278 million of pricing and $379 million of improved volume/mix related to organic growth from conversions to fiber-based packaging solutions and acquisitions. Net sales were unfavorably impacted by $36 million of foreign exchange. EBITDA for the second quarter of 2022 was $294 million, compared to $214 million in the prior year period
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More than $30 million Investment in Georgia-Pacific’s Bradford, Pennsylvania Corrugated Plant

The Georgia-Pacific corrugated plant in Bradford, Pennsylvania, will undergo a significant upgrade with an investment topping $34 million. The funding will provide new equipment to modernize the plant’s operations. The upgrades include a new corrugator, two new converting lines, and upgrades to the shipping department, which will help the plant operate more efficiently. Newer converting equipment will improve the plant’s throughput and print capability to better meet customer needs. The plant team will begin preparing the facility for installation in the coming months, with the first equipment expected to be installed in the first quarter of 2023. It will take approximately 12 to 14 months to complete the upgrades.
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Paper Packaging: The Natural Choice

Two Sides have produced a NEW Packaging fact sheet, Paper Packaging: The Natural Choice. The journey to a more sustainable future goes far beyond our packaging choices. But as packaging is often the first interaction between consumers and businesses, it is a critical element that, if poorly designed, can have a lasting effect on both consumer perceptions and the environment. Paper packaging is made from renewable materials. It is durable, attractive, recyclable and biodegradable. It is an essential component of the circular economy. Read and download the NEW fact sheet at twosides.info/fact-sheets
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Sonoco Reports Strong Second Quarter 2022 Results

Net sales for the second quarter of 2022 were a record $1.91 billion, compared with last year's second quarter sales of $1.38 billion. GAAP net income attributable to Sonoco in the second quarter of 2022 was $131.7 million, or $1.33 per diluted share, compared with a loss of $(334.1) million, or $(3.34) per diluted share, in the second quarter of 2021. GAAP gross profit was $387.0 million in the second quarter of 2022 compared to $262.7 million in the same period of 2021. Quarterly gross profit as a percentage of sales was approximately 20 percent compared to approximately 19 percent in the second quarter of 2021.
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SEE Expands Sustainable Portfolio With Launch of Innovative Paper Bubble Mailer

Sealed Air announced it has launched a BUBBLE WRAP® brand paper bubble mailer, a fiber-based padded mailer that can be recycled in curbside bins. On the outside, the BUBBLE WRAP® brand paper bubble mailer looks like a traditional mailer but it’s what on the inside that makes it different. The inner padding is made of a paper material that mimics the original BUBBLE WRAP® brand cushioning. Benefits of the BUBBLE WRAP® brand paper bubble mailer: *Smaller and lighter than traditional boxes, which reduce shipping costs and dimensional weight *Durability: Completed testing done in International Safe Transit Association certified labs that assess packaging durability through the rigors of shipping *Curbside recyclability: Certified by the Western Michigan University OCC equivalency testing protocol. The mailers will first be available to customers in SEE’s North America market, before expanding globally by early 2023.
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Huhtamäki Oyj’s Half-yearly Report January 1 – June 30, 2022: Strong performance continued

Net sales increased by 31% in the second quarter. In comparable terms, growth reached 17%, driven by pricing actions. In most markets, demand developed favorably and has returned to pre-pandemic levels, however with some exceptions, particularly in China. Tensions on raw material availability limited our capacity to further grow volumes according to the demand, most notably in North America. We continued to mitigate the significant inflation which impacted all our major input costs, including raw materials, freight costs, energy and labor. We protected our profitability through operational efficiency improvements and pricing actions, with the adjusted EBIT increasing by 29%. Cash flow remained impacted by increased working capital and capital expenditure. We continued our organic investment into sustainable product innovation and business expansion. For example, we announced the expansion of our molded fiber product manufacturing unit in Hammond, Indiana, US. This investment in fiber technology supports market demand for more sustainable solutions in North America, such as egg cartons and cup carriers. The planned USD 100 million investment will start ramping up towards the end of 2023.
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Mondi expands capacity in sustainable pet food packaging solutions

Mondi is investing nearly €65 million in three Consumer Flexibles packaging plants in Europe in order to meet growing customer demand for sustainable pet food packaging solutions. The European pet food market has grown significantly in recent years, driven by a consistent rise in pet ownership. This trend increased during the COVID-19 pandemic and is expected to continue for many years to come.(1) This project is part of Mondi’s previously announced €1 billion expansionary capital investment programme to accelerate growth in sustainable packaging and will further strengthen its leading position in the pet food packaging market.
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O-I Glass Subsidiary, Paddock Enterprises, LLC, Emerges from Chapter 11

O-I Glass, Inc. announced that its wholly owned subsidiary, Paddock Enterprises, LLC, has emerged from Chapter 11 protection, following affirmation by the U.S. District Court for the District of Delaware on June 22, 2022, of an order confirming Paddock’s Plan of Reorganization. The Plan was previously confirmed by the U.S. Bankruptcy Court for the District of Delaware on May 26, 2022. Paddock emerges from Chapter 11 having achieved a final and fair resolution of its asbestos-related legacy liabilities under the Plan. “Paddock’s Chapter 11 process has been completed in a manner that provides finality for the company and, importantly, fair and equitable resolution for claimants,” said Andres Lopez, CEO of O-I Glass. 
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