Unpacking DS Smith’s new sustainability target: to manufacture 100% reusable or recyclable packaging by 2025. Imagine a future where all packaging uses no more material than necessary, enables consumers to reduce their food waste and dispose of their packaging on the go with the assurance that it will be recycled by state of the art recycling facilities and entered back into the economy as new raw materials. This is the future we all imagine. As a leading supplier of sustainable packaging solutions and a net positive recycler, DS Smith is fully committed to making this vision a reality over the next seven years. We want to redefine packaging as we know it. Click read more below for additional detail.
Sonoco (NYSE:SON) today announced it is implementing a $60 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada.
Sonoco previously announced a URB price increase of $40 to $60 per ton in October 2016, and the Company is revising the increase for all grades to $60 per ton, effective with shipments beginning February 6, 2017.
“This increase is necessary to capture higher recycled fiber and other costs so we can continue providing high-quality, value-adding products to our customers,” said Palace Stepps, division vice president of sales and marketing for Sonoco’s U.S. and Canada paper and adhesives.