Graphic Packaging Holding Company Announces Completion of AR Packaging Acquisition

Smurfit Kappa has collaborated with a leading UK recipe box company, Mindful Chef, to reduce the company’s carbon footprint by making their packaging more sustainable. Mindful Chef experienced a huge increase in demand for its home-delivered recipe kits during the pandemic. The company, which has been climate neutral since 2020, is committed to making every aspect of its business as sustainable as possible. Its previous recipe box consisted of insulation pouches combined with gel ice packs which, whilst effective at keeping the contents cool, were not easily recycled.

Mondi will show how its packaging solutions are addressing industry and consumer trends at the 2017 PACK EXPO trade fair in Las Vegas. “Industrial customers and consumers today are sophisticated and demanding,” says Georg Kasperkovitz, CEO Mondi Consumer Packaging. “Whether for their own customers or themselves as end-users, brand managers prefer packaging that is convenient and that helps with the buying decision. Producers of consumer goods, food, animal feed and seed are asking the packaging industry for solutions and materials that are easy to use, increase brand recognition, differentiate at the point of sale, and build trust with consumers.” At PACK EXPO, Mondi will show how it is using its capabilities to meet customer needs in the North American market and addressing these trends with its wide range of packaging solutions, including flexible packaging, bags and pouches, barrier coatings, technical films, and industrial bags. With a focus on food and beverage packaging, Mondi’s booth will feature a special product discovery area allowing visitors to discover how Mondi’s products touch millions of lives, every day.

The Group’s consolidated sales totaled EUR 1,749.1 million and were thus 2.1 %, or EUR 35.3 million above the previous year’s value (1-3Q 2016: EUR 1,713.8 million). Both divisions contributed to the slight increase. With EUR 158.9 million, operating profit reached the previous year’s level (1-3Q 2016: EUR 160.2 million). The Group’s operating margin thus remained stable at 9.1 % (1-3Q 2016: 9.3 %). At EUR 113.3 million, the profit for the period almost reached the previous year’s figure (1-3Q 2016: EUR 115.5 million). Click Read More below for additional information.