Wes-Pac Announces Price Increase on Mailing Tubes & Cores

Graphic Packaging Holding Company has been named to Newsweek's 2022 list of America's Most Responsible Companies for a second year in a row. The recognition is based on a detailed analysis of Environmental, Social and Corporate Governance (ESG) factors. "Being recognized for a second year by Newsweek for corporate responsibility as well as being included on Forbes' inaugural list of Top Female-Friendly Companies is a true honor," said Michael Doss, President and Chief Executive Officer. "At Graphic Packaging, we are committed to delivering sustainable fiber-based consumer packaging solutions through a high-performance company culture that embraces diversity. We are committed to positive change and advancement of our environmental, social and governance initiatives. The recognitions demonstrate the progress we have made and will continue to drive to benefit all stakeholders."

Q3 2022 Highlights *Net Sales were $2,451 million versus $1,782 million in the prior year quarter. *Net Organic Sales increased 5% in the quarter and 4% year-to-date driven by global demand for sustainable, innovative fiber-based consumer packaging solutions. *Net Income was $193 million versus $73 million in the prior year quarter. *Global liquidity was $1.4 billion at quarter end. *Repurchased $15 million of common stock during the quarter; returned $38 million in total to stockholders in share repurchases and dividends. *In October, published 2021 environmental, social and governance (ESG) report reaffirming organization-wide focus on continuous improvement and highlighting the milestones achieved during the year advancing the Company's Vision 2025 ESG goals.

Sonoco-Alcore S.a.r.l. announces that due to the continued escalation in the cost of European energy, it will raise prices by €100 (£85) / tonne on all recycled paperboard grades sold in the Company’s EMEA regions effective for all shipments made on or after the 14th March 2022. “We are continuing to see considerable price volatility in energy markets and across other cost areas of our business. These cost increases, in conjunction with disruptions to our supply chain, now mean that we have no choice but to react to the situation,” said Phil Wolley, Division Vice President – Paper Europe. “We will continue to monitor events as they develop and take actions necessary to maintain supplies to our customers. We cannot, however, rule out further increases or surcharges being required at this stage.” Sonoco Alcore S.a.r.l. is wholly owned by Sonoco (NYSE:SON) and operates 24 tube and core plants and five paperboard mills in Europe.