Rottneros invests in Blue Ocean Closures

Highlights - Nine Months Ended March 31, 2023 • Net sales of $11,021 million, up 4%; • GAAP Net income of $868 million, up 25%; GAAP diluted earnings per share (EPS) of 58.1 cps, up 27%; • Strong cash returns to shareholders: quarterly dividend of 12.25 cents per share and $200 million of sharerepurchases year-to-date; and

Mag. Gernot Schleiss, Managing Director of MM Frohnleiten, explains: “The main objective of our investment was the modernization of the KM3 to enhance the quality of the end product, to reduce specific energy consumption and to increase productivity across the entire product range. We are convinced that ANDRITZ’s innovative PrimeLine technology will help us reach our targets.” Georg-Michael Sautter, ANDRITZ Key Account Manager Paper Board adds: “The new PrimeFlow AT headbox improves the quality of the end product, the two PrimePress X shoe presses lead to energy and bulk savings, and the PrimeRun web stabilizers ensure improved runability. All in all, the perfect package for highly efficient and high-quality production.”

Smurfit Kappa has introduced a cleverly engineered new packaging solution for detergent pods and capsules. The child-proof TopLock Box provides a safe, convenient and sustainable alternative to the traditional plastic box for laundry products. The patented TopLock Box features an ingenious opening mechanism making it a very attractive solution for companies seeking a sustainable alternative for their certified child-proof packaging solutions. The TopLock Box is a 100% plastic-free solution made entirely from FSC® certified paper-based packaging, which is renewable, recyclable and biodegradable. It has significant environmental benefits and offers a 40% carbon footprint reduction in comparison to the traditional rigid plastic alternatives.