Billerud’s European production of packaging materials is the first to be third-party assessed as 100% recyclable, according to EU legislation proposed for 2030. This reinforces Billerud as a world leader in sustainable packaging.
The standards proposed by the coming Packaging and Packaging Waste Regulation (PPWR) are high, but Billerud has been meeting high standards for many years. This is why we reached the goal seven years in advance and are the first in the world to do so. Whatever type of 100% recyclable paper or packaging material you need, contact our team to achieve your sustainability goals. Together, we will customize a solution with tomorrow in mind!
https://www.billerud.com/about-us/sustainability/go-sustainable/recyclability?utm_campaign=Brand%20-%20Sustainability%20-%202023&utm_medium=email&_hsmi=281392361&_hsenc=p2ANqtz-8u-qFnasBlJyox_NowzcgldxTg0y-UJgDkTp64iVAYG-w6n4t-8oWe3ya_YEBxeHWvTZVO48gsEFRlu-h9YJTv2DEGNg&utm_content=281082325&utm_source=hs_email
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Printpack, a US-based manufacturer of flexible and specialty rigid packaging, is pleased to announce a strategic partnership with Sirane, a UK-based leader in paper coating and paper-based packaging. Together, the two companies will jointly enable customers to reach their sustainability goals by offering recyclable, coated paper packaging. The combination of Printpack’s printing and laminating knowledge with Sirane’s paper coating and pouch forming expertise creates the perfect partnership to fulfill the market need. Well over half of US consumers rank paperboard or paper as extremely or very sustainable. Further research reveals that 66% of US consumers think that paper is best for the environment. Its wide ability to be recycled helps positively position paper in the minds of consumers. Recyclability is one of the features most associated with environmentally friendly packaging.
The Mayr-Melnhof Group has reached an agreement to acquire Kotkamills Group Oyj from the previous owners for an enterprise value of around EUR 425 million; this corresponds to approximately 7.8 times the EBITDA of the last twelve months. With the takeover of Kotkamills, MM Karton will expand its position in the attractive market for virgin fiber board (FBB) and Food Service Board (FSB) and complement its established market position in recycled cardboard. The planned transaction will have an immediate impact on earnings. Kotkamills operates two cardboard/paper machines at the integrated location in Kotka (southern Finland): one FBB / FSB cardboard machine, which was commissioned in 2016 after an investment of more than 180 million EUR, with a current sales volume of around 260,000 t and one planned capacity of 400,000 t; a machine for Saturated Kraft Paper / impregnation paper with a capacity of 170,000 t, which makes the company one of the world's leading suppliers. Kotkamills employs around 500 people and in the last twelve months achieved an EBITDA of around EUR 55 million on sales of around EUR 380 million.
Sonoco announced promotions among its senior operational leadership which are aligned with the Company’s strategy to simplify its operating structure to improve efficiency and effectiveness, according to Howard Coker, President and Chief Executive Officer. The appointments are effective immediately. Rodger Fuller has been named Chief Operating Officer, continuing to report to Coker. Sean Cairns has been named President of Sonoco’s Global Rigid Paper and Closures organization, including operations in Americas, Europe and Asia, reporting to Fuller. James Harrell has been named President of Global Industrial Paper Packaging, reporting to Fuller, and has responsibility for all of Sonoco’s Industrial businesses globally. Also reporting to Fuller is Russell Grissett, who will continue to lead Sonoco’s Global Flexible Packaging business as President and has more than 28 years of operating and commercial leadership with Sonoco’s Consumer businesses. Jeff Tomaszewski has been named President of Sonoco’s Diversified Businesses, reporting to Coker.