Total U.S. Packaging Papers & Specialty Packaging Shipments Decreased Two Percent in January 2022

Leading European thermoforming packaging specialists Waddington Europe, a division of Novolex®, is augmenting its revolutionary TamperVisible® range of protective packaging products to include a pioneering Hot Fill option. The TamperVisible range of products is designed for consumer peace of mind, reassuring the end user that the food inside is as safe as the day it was prepared. A snap mechanism on the corner of the pack must physically be broken to access the lid opening making an attempt to open the package visible to a consumer. The packaging line is also ideal for storage optimisation and increased shelf life as they easily fit inside most refrigerator door shelves. And now, TamperVisible Hot Fill can withstand temperatures of up to 185 F° (85°C), making it a convenient packaging option for sauces, soups, noodles, pate, ready meals and desserts such as steamed puddings, while also being microwavable. Made from high clarity rPET (recycled PET), the TamperVisible Hot Fill line offers superior shelf appeal and a clearer view of the contents unlike thicker polypropylene and crystallized PET (cPET) hot fill containers, which are typically opaque. Additionally, TamperVisible Hot Fill is available in four recycled content blends, from a minimum of 30% to Waddington Europe’s full Eco Blend™ 100 packaging made from 100% recycled content and which is also 100% recyclable. Branding and recycling information are displayed via a patented ‘clip on’ decoration, making for easy and correct separation and recycling.

Net sales in the third quarter were $3,069 million compared to $3,259 million in the third quarter of 2022 reflecting higher beverage can volumes in North America and favorable foreign currency translation of $60 million, offset by lower volumes across most other businesses and the pass through of $187 million in lower material costs. Income from operations was $374 million in the third quarter compared to $297 million in the third quarter of 2022. Segment income in the third quarter of 2023 was $430 million compared to $336 million in the prior year third quarter reflecting the benefits from higher beverage can volumes in North America, the contractual recovery of prior years' inflationary cost increases in Europe and the successful implementation of cost reduction programs in Transit Packaging.

DS Smith has announced the appointment of Johan van Baarle as Sales Director of its Paper Division. Reporting to Niels Flierman, Managing Director for Paper, Van Baarle will be responsible for the division’s paper sales across Europe and North America – managing around 5 million tonnes of paper produced at DS Smith’s mills annually. Van Baarle joins DS Smith from Cargill, the global food, agricultural, finance and industrial products provider, where he has worked since 2003. During his time at Cargill Van Baarle gained a wealth of experience holding a series of senior customer focused and sales manager roles. Most recently he has been Sales Director Global Accounts in Cargill’s Cocoa & Chocolate division. Based in The Netherlands, Van Baarle will be tasked with further growing DS Smith’s paper sales across Europe and the U.S.