In the beverage industry, smart companies have been responding to the clean label movement for years. But did you know that shoppers, especially Millennials, consider the packaging as an extension of the ingredient list? Are you giving them the clean packaging they’re looking for?
Click this link to find out four critical statistics.
read more/source: http://evergreenpackaging.com/fresh-news/shoppers-seek-clean-labels-and-clean-packaging/
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Inteplast Group has acquired CoolSeal USA, LLC. The plastic corrugated manufacturer and fabricator is based in Perrysburg, OH. CoolSeal USA will operate under Inteplast Group’s World-Pak Division. Andy Chen, general manager of World-Pak, said that CoolSeal USA’s leadership in the corrugated boards market complements Inteplast Group’s produce, warehousing, and other products used for packaging and storage. “We are enthusiastic about welcoming CoolSeal USA into the Inteplast Group fold. Its commitment to developing sustainable and recyclable products aligns with our stance on supporting supply chains that eliminate or otherwise encourage reusability and less waste,” Chen said. “With CoolSeal on our team, World-Pak, and Inteplast Group, by extension will expand our collective contributions to a circular economy beyond the industries, customers, and communities we serve.”
Largest producer and exporter of packaging paper and sustainable paper packaging solutions in Brazil, and the only one in the country to offer short, long and fluff fiber pulp to the market, Klabin received approval for its use in Blue Angel products – the world's first environmental label, linked to the German Ministry of the Environment and the RAL gGmbH as competent bodies. Created in 1978, the seal takes a holistic view of a product's life cycle in order to assess its sustainability. The German agency approved the PineFluff line, Klabin's fluff cellulose, for use in products that are already or may be certified by Blue Angel, such as children's diapers, adult diapers and feminine sanitary pads. PineFluff's production was designed to provide the stability, homogeneity and quality that the segment of absorbent products requires. Among its properties are low defiber energy, high absorption capacity and speed, liquid retention and uniformity. Alexandre Nicolini, director of Klabin's Pulp Business, reinforces that the adoption of sustainable processes in production is extremely important, as well as the search for partners that endorse the work carried out. “Our Company is committed to offering the market innovative solutions that add productivity and sustainability. Blue Angel attests that the product's lifecycle has less impact on the environment,” he explains.
Net sales of $1.38 billion, down 3% as reported; down 1% constant currency Net earnings of $94 million, down 18% Earnings per share (Diluted) of $0.65, down 16% Cash flow from operations (year to date) use of $7 million Cash flow from operations includes the impact of the $175 million tax deposit