Smurfit Kappa and WestRock in discussions regarding key terms of Potential Combination

Highlights *Strong volume trends continued throughout the year, with fourth quarter year-over-year volume increases of 15 percent in each of metal containers and closures and 8 percent in plastic containers *Reported record revenue of $4.9 billion, with all-time high volumes achieved in each business segment *Reported cash from operations of $602.5 million, an increase of 19% over 2019 *Completed the acquisition and integration of the dispensing operations of Albéa Group, greatly expanding fragrance, foam and airless pump capabilities *Supported customer and industry efforts to further communicate the benefits of metal packaging for food, including sustainability, low cost, health and convenience *Attained target leverage ratio seven months post-acquisition - leaving the Company well-positioned to take advantage of future cash deployment opportunities

Huhtamaki La Rochelle in France is proud to introduce a new range of bottle dividers, the PRESTIGE, created in collaboration with Vitis Valorem, located at Meursault, Burgundy. PRESTIGE range is the result of a big idea, paying homage to the vitality and natural qualities of wine and at the same time building on our deep knowledge of using recycled materials. Our new bottle divider uses a new and unique raw material normally wasted every year: vine shoots. “Our aim was to create a high-quality, natural bottle divider solution for wineries including a new sustainable raw material,” says Amandine Duranton, Wine Segment Sales Manager from Huhtamaki in France. “The 100% biodegradable and recyclable PRESTIGE wine bottle dividers are made of recycled paper and vine shoot powder.” Click Read More below for additional information.

It’s not unusual in the Western world to throw away leftovers and discard slightly damaged food without a second thought. Yet when we consider that 135 million people face acute food shortages, it is clear that food waste is an issue we can no longer afford to ignore.(1) Food waste campaigner Tristram Stuart has said, “Cutting food waste is a delicious way of saving money, helping to feed the world and protect the planet.” He’s right, confronting food waste is critical to the health of people, the planet and business. It’s staggering that two billion people could be fed with the 1.3 billion tonnes of food that is lost or wasted every year – the combined population of Europe and Africa.(2) In places like Europe almost half lost is at the consumer end of the supply chain, while in developing countries a significant proportion of post-harvest food is wasted. Regardless of location, these high losses are mainly due to lack of proper storage, improper handling and inadequate packaging.(3) click read more below for the rest of the article