Folding Carton Company Invests in RMGT 1060TP Press (piworld.com)

The coronavirus pandemic’s demand-shock, brick-and-mortar store closures and stay-at-home orders have upended retail sales. As total spending declines, online spending is projected to surge by 18% in 2020, reflecting the impact of new buyers joining the online retail space as a result of the pandemic. With ecommerce expected to reach 14.5% of total retail sales this year – both an all-time high and the biggest ever share increase in a single year* – the findings of Two Sides’ recent U.S. Packaging Preferences Survey provide brand owners with valuable insights into consumers’ current thinking on packaging materials, online shopping and related behavior. *More than half of consumers (57%) prefer products ordered online to be delivered in paper/cardboard packaging, and two-thirds (66%) believe paper/cardboard packaging is better for the environment than other types of packaging. *70% of consumers prefer products ordered online to be delivered in appropriate fitting packaging, i.e., not too big for the size of the product inside. click read more below for additional insights

The recyclable and compostable UPM Solide Lucent is a highly versatile specialty kraft paper with endless possibilities for recyclable packaging innovations. The paper is suitable as a coating base or for lamination, single-packs, bags, and wraps; UPM Solide Lucent can do it all and more! UPM Solide Lucent is a brilliant example of the type of packaging innovations the world needs right now. Through co-creation, it enables brand owners to effectively reduce the amount of fossil-based or non-recyclable materials and increase usage of materials from renewable sources in their packaging. “Together with customers and partners, we can develop truly sustainable medium and high barrier packaging solutions, matching customer needs in a wide range of food and non-food applications,” explains Mika Uusikartano, Senior Manager, Product Portfolio Management, UPM Specialty Papers. “Thanks to its outstanding sustainability credentials, this paper is a safe and smart choice for converters and brand owners looking to co-create new products with us. The target is also to reduce value chain recycling fees in the long run,” continues Tommi Heinonen, Head of Sales, UPM Specialty Papers.

Supremex Inc. announced today the acquisition of the assets of Graf-Pak Inc., a provider of folding carton packaging solutions to a variety of commercial markets. The transaction was concluded for a total consideration of approximately $6.0 million, on a cash-free and debt-free basis, subject to customary adjustments, financed through the Company’s existing credit facility. Founded in 1995 and employing close to 25 people, Graf-Pak operates a facility located in Pointe-Claire, Québec, near the Company’s primary folding carton plant in Lachine. Its offering is comprised primarily of the printing and manufacturing of folding carton packaging products, mainly for the food and cosmetics markets. For its last fiscal year, Graf-Pak generated sales of approximately $6.7 million.