Sonoco Products Company announced that certain of its subsidiaries entered into a definitive agreement to sell its Protective Solutions business to Black Diamond Capital Management, LLC (“Black Diamond”) for an estimated $80 million in cash. The transaction is subject to customary closing conditions and is expected to be completed in the first half of 2024. This sale is the result of Sonoco’s continuing evaluation of its business portfolio and is consistent with its strategic and investment priorities. Sonoco’s Protective Solutions business is one of North America’s premier manufacturers of molded expanded polypropylene and expanded polystyrene foam components and integrated material solutions serving the automotive, power sports, impact surfaces, HVAC, electronics/technology, appliances, and various other industrial end markets. The business operates nine manufacturing facilities and has approximately 900 employees. Net sales were approximately $170 million in 2023. Financial results for Protective Solutions are reported in Sonoco’s All Other Businesses reporting segment.

American Packaging Corporation announces five APC Centers of Excellence achieved International Sustainability and Carbon Certification PLUS. APC's Columbus, Wisconsin, Deforest, Wisconsin, Story City, Iowa, Chili, New York and Rochester, New York plants all achieved the certification, allowing APC to source and convert advanced recycled resins and films, often called circular content. These circular content resins and films are used to manufacture packaging products requiring recycled content and tracks the usage through a mass-balance accounting process, a methodology that looks at all inputs and outputs of a particular process. ISCC PLUS certification plays a crucial role in the development of the circular economy by ensuring the traceability of advanced recycled plastics along the entire supply chain in compliance with the ISCC PLUS standards. Unlike traditional mechanically recycled content, the advanced recycled process converts materials to the molecular level, offering a feedstock that can be used to produce new plastic materials with properties equal to virgin plastic. The result is eco-friendly materials that are highly sought-after by environmentally conscious consumers. This certification provides an additional and complementary option to mechanically recycled materials for those customers wishing to utilize recycled content.

Net sales for the fourth quarter of 2023 were $1.3 billion, a decrease of $115.3 million, or 8%, as compared to the same period in the prior year predominantly as a result of lower volumes. Income before interest and income taxes (EBIT) for the fourth quarter of 2023 was $126.1 million, an increase of $45.0 million as compared to $81.1 million for the fourth quarter of 2022 principally due to $66.6 million of rationalization charges in the prior year period.

In its continuing pursuit to develop packaging materials that meet the sustainability goals of its customers, global packaging solutions provider SEE (NYSE: SEE) has developed the first biobased, industrial compostable tray for protein packaging that has been successfully tested to meet the demands of existing food processing equipment. SEE's new CRYOVAC® brand compostable overwrap tray is made from biobased, food-contact grade resin, which is USDA-certified as having 54% biobased content chemically derived from renewable wood cellulose. The tray, which will break down into organic material without leaving toxic residue, was created as an alternative to those made from expanded polystyrene (EPS), which are traditionally used to package fresh poultry and red meat for consumer purchase but are not biodegradable or recyclable.

Revolution Sustainable Solutions LLC, Little Rock, Arkansas, has acquired PolyAg Recycling Ltd., a Canada-based mechanical recycler of agricultural films. Established in 2019, PolyAg offers local recycling of used agricultural film through its recycling facility in Bashaw, Alberta. This acquisition aligns with Revolution’s growth in the agricultural film space, having invested more than $20 million to expand its manufacturing facility in Little Rock, Arkansas, by 36,000 square feet in 2020. The expansion supports the production of various polyethylene products made from recycled materials, including construction film, agricultural film and geomembrane film, by adding two blown film lines. As previously reported by Recycling Today, the film lines are able to produce more than 40 million pounds of film products annually.

What does it take to persuade consumers to choose your product over similar products on store shelves? One key factor is understanding consumers’ non-negotiable packaging priorities, such as hygiene, convenience, and sustainability. When introducing new reusable packaging or recyclable fiber-based solutions, conveying the right message about the package is vital to overcoming these obstacles getting your product chosen. Consumers are open to reuse systems. We recently conducted a survey of European consumers and found that 77% hold a positive view of reusable packaging; however, only 30% have a clear understanding of what reusable packaging means. This highlights the first challenge for brand owners: how to efficiently explain to consumers how the reuse system works while also addressing their priorities. Consumers rightly prioritize their health, questioning the hygiene and safety of reusable containers, particularly in the cases of food. Our survey showed that 78% of consumers raise this issue, making it one of the most common obstacles to adoption.

Ahlstrom recently received the FDA 510(k) clearance from the U.S. Food and Drug Administration for Reliance® Fusion, a next-generation sterilization wrap that helps increase efficiency in the sterilization of surgical equipment trays at hospitals. FDA 510(k) clearance is needed to market and sell medical devices in the U.S. Sterilization wraps are extensively used in healthcare facilities worldwide to help maintain the sterility of surgical instruments. Ahlstrom single-use sterilization wraps help to prevent microorganisms (bacteria, viruses, spores) from easily gaining access to the tray contents, allow sterilization, provide physical protection, and maintain sterility of surgical instruments up to the point of use. They thus play a crucial role in infection prevention and patients’ safety. The sterilization process is often time-consuming, requires the use of expensive processing aids such as tray liners, and involves longer drying cycles and stocking multiple weights of sterilization wrap to ensure all moisture has been eliminated.

Metsä Board, part of Metsä Group, has achieved home compostability certification for all its white kraftliners and folding boxboards (excluding PE-coated grades). The certification was issued by DIN CERTCO based on the compliance with standard NF T 51-800. “All our paperboards can be recycled, which is the preferable option when the packaging or food service container has served its purpose. But sometimes the packaging material can be stained by food, and then composting with biowaste is a good choice,” says Helena Moring-Vepsäläinen, Product Safety Manager at Metsä Board. “Our paperboards have had industrial compostability certification for several years now, and home compostability is one step further which is certainly welcomed by consumers.”

Packaging Corporation of America reported fourth quarter 2023 net income of $189 million, or $2.10 per share, and net income of $192 million, or $2.13 per share, excluding special items. Fourth quarter net sales were $1.94 billion in 2023 and $1.98 billion in 2022. Full year 2023 net income was $765 million, or $8.48 per share, and net income of $784 million, or $8.70 per share, excluding special items. Full year net sales were $7.8 billion in 2023 and $8.5 billion in 2022.

Supported by Sugar Land Economic Development, Accredo Packaging, Inc., a sustainable package solutions firm, has completed its fourth expansion at its Sugar Land headquarters, representing a $10 million investment. This expansion added 83,000 square feet of office space to the company's 650,000-square-foot LEED-certified campus, which is 100 percent powered by wind energy. Located at 12682 Cardinal Meadow Drive, the project added 30 jobs, and the company has pledged to maintain at least 525 jobs in Sugar Land through 2031. Opened in 2009, Accredo Packaging is the first and only flexible packaging manufacturing facility in North America with LEED Silver certification. Previous expansions took place in 2013 and 2021, and now, in 2024, the company has more than tripled in size.

To grow the Packaging Automation business in the packaging sector, Stora Enso has partnered with Radpak, a Polish packaging machinery manufacturer focusing on packaging automation for primary and secondary packaging. Packaging Automation is expanding their business outside of Gothenburg, Sweden where Stora Enso has its current factory. Radpak’s factory is located in Włocławek, Poland, which strengthens Packaging Automation’s growth strategy in Central and Northern Europe and gives a local presence with service and aftermarket. The partnership will grow the portfolios of the two companies which means Stora Enso can offer both primary and secondary packaging, one point of contact for the customer.

C-P Flexible Packaging (C-P), a leader in the flexible packaging industry, is proud to introduce Intelligraphix Systems—a new division specializing in prepress, platemaking and color management services designed specifically for flexographic printers. To ensure precision and efficiency from design to print, Intelligraphix Systems offers a comprehensive suite of prepress services, including art file optimization, extended gamut preparation, flexographic platemaking and optimization, color management, press profiling, file management and advanced quality check systems.

Smurfit Kappa has created a sustainable packaging solution to transport bees for Biobest, a world leader in biological crop protection and pollination. Biobest began back in 1987 when veterinarian Roland De Jonghe began breeding bumble bees in his garage to organically pollinate tomatoes. Tomato growers were quick to see the advantage of using bumble bees over chemical pesticides and the company flourished. Biobest approached the packaging giant to design an insulated and weather-resistant box to replace the EPS pack it was using to transport live bumble bees. It also had to be robust enough to withstand long periods outdoors as the boxes are used for outdoor pollination of fruit and vegetables.

Fourth quarter sales of $5.0 billion were in line with prior year, with organic sales up 3 percent, driven by a 2 percent increase in price from ongoing revenue growth management programs and a 1 percent favorable product mix, with volumes in line with the prior year period and volume trends improving for the fourth consecutive quarter. In North America, organic sales increased 3 percent over last year, including increases of 5 percent in Personal Care and 3 percent in Consumer Tissue that were partially offset by a 3 percent decrease in K-C Professional. Outside North America, organic sales were up 5 percent in developing and emerging (D&E) markets. Organic sales in developed markets (Australia, South Korea and Western/Central Europe) grew 1 percent versus prior year. Gross margin improved by 210 basis points to 34.9 percent, with higher net revenue realization, cost savings and favorable input costs partially offset by unfavorable currency impacts and higher other manufacturing costs. Fourth quarter operating profit was $670 million compared to $712 million last year, resulting in an operating margin of 13.5 percent.

In autumn 2023, Finnish cosmetics company Lumene launched a moisturiser packaged in a bio-attributed* jar. The jar utilises a wood-based plastic raw material made from crude tall oil, a residue from pulp production. It is reportedly the first cosmetics jar that includes renewable materials in both the packaging and label. In the first phase, Lumene's Nordic-C [Valo] range of moisturisers will be packaged in this new type of jar. In the future, Lumene's entire range of 50 ml moisturisers will be packaged in a new bio-attributed jar. These are also the company's best-selling products. Reducing the dependency on fossil raw materials is a global challenge across many industries. For example, every year, the global cosmetics industry produces more than 120 billion containers. Many consumers are on the hunt for products with the lowest possible environmental impact, and industries are searching for raw materials to fulfil that need.

WestRock Company announced plans to build a new corrugated box plant in Pleasant Prairie, Wisconsin, to meet growing demand from customers in the Great Lakes region. The Company intends to close its existing plant in North Chicago when construction of the new facility is completed. This investment will position WestRock to increase its production capabilities and improve its cost profile in the Great Lakes region. Construction is estimated to cost approximately $140 million and is expected to be partially offset by property sales. “Investing in a new state-of-the-art corrugated converting facility elevates our production capabilities and better supports our end market strategy and margin improvement targets,” said David B. Sewell, chief executive officer, WestRock.

As consumers increasingly voice their environmental concerns, industries worldwide are actively seeking sustainable alternatives to reduce their carbon footprint. Not surprisingly, corrugated cardboard packaging has emerged as an environmentally sustainable choice, boasting benefits that other packaging materials simply can’t match. Reports and surveys, including a comprehensive life cycle assessment (LCA) recently published by the National Council for Air and Stream Improvement (NCASI) and the 2023 US Trend Tracker Survey commissioned by Two Sides North America, shed light on the environmental impact of cardboard packaging and illustrate why it is fast becoming the preferred choice of brands and consumers around the globe.

Two Sides Packaging Webinar: 15th February 2024, 9:25 – 13:00 GMT (10:25 – 14:00 CET). With 10 expert thought leaders, this webinar is focused on the sustainability of paper packaging. Register to the packaging webinar here: ttps://us06web.zoom.us/webinar/register/WN_W9MgIT28Qdu6Si1cyje-NA After registering, you will receive a confirmation email containing information about joining the webinar.

Mondi has brought together industry leaders in an expert round table to discuss how to improve the circularity of used paper bags in the construction industry. The event looked at how to build systems that will prevent the disposal of used paper bags, working towards implementing a process of efficient collection, sorting, and recycling that can be managed on an industrial scale. The partners attending were representatives from different parts of the value chain, namely Mondi, Envalora, Neinor Homes, OHLA, Arpada, Macotran, RCD Asociacion, S. Solís, Uder, Alier, Saint-Gobain and CoCircular. These like-minded industry leaders share a vision of boosting the circularity of paper bags used in the construction industry and see collaboration and stakeholder dialogue as a critical activity to achieve this.

Greif, Inc. and IonKraft, a barrier technology company specializing in plasma-based coatings, are pleased to announce a new pilot-project partnership. The collaboration aims to revolutionize the challenges of recyclability and sustainability in plastic jerrycan packaging that requires an additional barrier solution. Industrial plastic packaging is highly recyclable, but certain applications that require barrier solutions can make recycling more challenging. IonKraft has developed a game-changing coating that utilizes a plasma-enhanced vapor deposition process to create a strong barrier that is non-reactive, chemically inert, and 100% recyclable. Beyond recyclability, the IonKraft barrier technology offers a sustainable alternative to fluorination.

Tetra Pak has announced a collaboration with Absolicon, a Swedish solar thermal company, to offer a standardised solution for industrial equipment powered by renewable thermal energy (heat)1. Absolicon has designed a scalable solar thermal module that can be integrated with current and new UHT lines and enable a range of decarbonisation options, including a reduction of greenhouse gas emissions2, based on the customer requirement and location.

Clearwater Paper Corporation announced that it has had to temporarily suspend its operations in Lewiston, Idaho due to uncertainty in natural gas supply and damage caused by extreme cold weather. The company is restarting equipment and production at the facility as weather conditions permit. “We are focused on the safety of our employees and protecting our assets during this period of extremely cold temperatures in the region,” said Arsen Kitch, president and chief executive officer. “We are in the process of repairing equipment and resuming our overall operations.” The company expects to provide an update on the anticipated impacts of the outage in a future announcement.

As the industry leader in flow control dispensing solutions for over 25 years, Aptar Closures is pleased to offer a line of fully recyclable flow control dispensing solutions suitable for a wide range of products, most notably food and beverage applications such as condiments and sauces. The company’s SimpliCycle™ valve is designed for brand owners seeking to enhance packaging sustainability without sacrificing precise, hygienic product dispensing and consistent consumer satisfaction. True to its name, SimpliCycle provides ease and function by streamlining mechanical recycling. Comprised of low-density thermoplastic elastomer (TPE), the valves float during the recycling sorting process, separating them from the polyethylene terephthalate (PET) stream; from there, they are recycled in the polypropylene (PP) and polyethylene (PE) stream. When assembled into a compatible Aptar closure, SimpliCycle creates a fully recyclable solution for use with PET, PE or PP containers.

Metsä Board, part of Metsä Group, has been selected as one of the winners of 2024 WorldStar awards for their ultralight pizza box concept developed together with Adara Pakkaus and other industry experts. A total of 435 entries from 41 countries were included in this year’s competition. An expert panel of international judges compared the entries to similar solutions from around the world and awarded the ones that were superior in their category and market and were better in execution or innovation, in comparison to others. The awarded ultralight pizza box solution, made of MetsäBoard Natural WKL Bright, uses considerably less material than traditional solutions without compromising rigidity, function or print quality. The pizza box was about 38 per cent lighter and according to the life cycle analysis the pizza box’s carbon footprint was up to 50 per cent lower than those of traditional solutions made of recycled fibre. The environmental impact comparison was carried out on material and its production.*

Kimberly-Clark Professional™ announced the availability of new Kimtech™ Polaris™ Nitrile Exam Gloves for use in laboratory settings that afford users the highest level of protection, durability and comfort from a glove in the Kimtech portfolio. Featuring a new dark magenta color unique to Kimberly-Clark Professional and a proprietary high-quality nitrile formulation, Kimtech Polaris Nitrile Exam Gloves have one of the lowest acceptable quality levels (AQL) for pinholes at 0.65, when compared to leading competitors. The average tensile strength is 31 megapascal (MPa) after aging, more than double the strength of the industry standard. The gloves also have been tested against some of the harshest chemicals used in labs and industrial work environments,1 meeting and exceeding the industry standards for exam gloves.

Amcor has once again been included in the Dow Jones Sustainability Indices (DJSI): Australia Index (DJSI Australia), recognizing the company’s commitment to delivering innovative and more sustainable packaging solutions. Amcor ranked within the 91st percentile of the packaging and containers industry in the 2023 S&P Corporate Sustainability Assessment, which forms the basis for inclusion in the DJSI. The listing reaffirms Amcor’s leadership position in the industry. "This recognition is significant to Amcor, not just because we’re being honored in the country of our founding, but because it acknowledges our ability to deliver responsible packaging benefitting our customers and the planet,” said Amcor’s Global Head of Investor Relations, Tracey Whitehead. “We remain committed to continually innovating more sustainable packaging solutions across a wide range of materials, while enabling our customers to meet their own sustainability goals.”

Hood Container Corporation announced that it has acquired the corrugated packaging business of Sumter, SC based Sumter Packaging Corporation. This includes all of Sumter’s design, manufacturing, assembly and fulfillment operations in Sumter, SC as well as the business manufactured and serviced from the Statesville, NC facility. Benjamin DeSollar, CEO of Sumter Packaging Corporation stated, “Our roots in packaging go back over 100 years. Sumter Packaging was founded by Ed Fienning with traditions of family values, delighting our customers and being a strong community partner. The fantastic team at Sumter Packaging has built on those traditions and expanded on them to deliver world class quality, customer service, design and graphics. We are excited to be joining a family-owned company in Hood with strong values, vision, and the capability to further improve on the strengths we already have with its national network and the ability to offer vertical supply chain integration.”

The global furniture retailer XXXLutz Group is taking pioneering steps towards the goal of climate neutrality and sustainability. Teaming up with Stora Enso they are exploring game-changing alternatives to conventional packaging materials: Papira® and Fibrease® by Stora Enso. The collaboration is a milestone in the quest for eco-conscious packaging solutions and is a part of Stora Enso´s strategy to partner up with market leaders. By substituting traditional polymeric foams with lightweight wood-based alternatives, significant reductions in CO₂ emissions are possible. Similar to other used materials, like paper and cardboard, the foam materials are recyclable and can be disposed with paper and thus returned to the cycle. “Fibrease and Papira are the result of years of relentless research by a dedicated team. We believe that our renewable resource, the forest, is the solution to many of the environmental challenges facing us today. Producing a sustainable and recyclable packaging foam is a giant leap towards a greener future. Many industries today look towards lowering the CO2 footprint and Stora Enso´s dedication to innovation provides tangible solutions to this issue for companies and consumers alike”, says Ivan Christensen, Business Development Manager Biofoams.

Diversified Labeling Solutions (DLS) has expanded its RFID label offerings to help its distributor customers meet demand. DLS’ RFID expansion includes: • In-house RFID label conversion capabilities • Ready-to-ship stock RFID labels • Service bureau RFID label encoding/printing services • Dedicated RFID Product Manager • RFID label training. Driving DLS’ RFID label expansion is the significant increase in demand, largely due to RFID label mandates from major retailers, including Walmart, Dick’s Sporting Goods, and Macy’s.

Hood Container Corporation announced that it has acquired the corrugated packaging business of Sumter, SC based Sumter Packaging Corporation. This includes all of Sumter’s design, manufacturing, assembly and fulfillment operations in Sumter, SC as well as the business manufactured and serviced from the Statesville, NC facility. Benjamin DeSollar, CEO of Sumter Packaging Corporation stated, “Our roots in packaging go back over 100 years. Sumter Packaging was founded by Ed Fienning with traditions of family values, delighting our customers and being a strong community partner.

Metsä Board, part of Metsä Group, will be exhibiting its future-ready premium paperboards, innovative new packaging solutions and services for co-creation to the beauty industry at the 2024 Paris Packaging Week in January. During January 17 – 18, the PCD event will gather packaging developers, designers and suppliers shaping future of packaging for the beauty market to the Paris Expo Porte de Versailles exhibition centre. At Metsä Board’s booth (L60), visitors will have the opportunity to challenge a team of experts with their specific needs and hear more about how to lower the carbon footprint of their packaging or boost packaging design innovation through introduction of a unique co-creation concept hosted by the company’s state-of-the-art Excellence Centre.

With effect from January 2, 2024, SÜDPACK has acquired additional shares of CARBOLIQ GmbH and appointed Dirk Hardow as Managing Director. By doing so, SÜDPACK is demonstrating its commitment to a closed-loop system for plastics and to chemical recycling as a complementary recycling technology. Dirk Hardow, who as Manager of the BU FF&C is responsible for matters such as the development and implementation of closed-loop models, will lead the company as its managing director in the future. The acquisition of a majority stake in CARBOLIQ was signed on December 15. For Erik Bouts, CEO of SÜDPACK, this is “the logical next step. We regard CARBOLIQ technology as an indispensable building block in our industry’s process of transformation towards a circular economy.” With the acquisition, the film manufacturer is simultaneously substantiating its leading position in terms of a circular economy in the industry for flexible packaging. Because so far, SÜDPACK is the only manufacturer of flexible films with direct access to capacities for chemical recycling.

On December 30, Trioworld Group signed an agreement to acquire the German company Wentus GmbH (Wentus), a leading player in solutions for high-performance food-, consumer- and hygiene packaging, from Egeria Group. “We are very pleased and excited to welcome Wentus into the Trioworld group. The acquisition will give us the opportunity to grow an even stronger position in the market for advanced food-, consumer- and hygiene packaging, in Europe and in North America. Wentus has a proven track record of supplying the market with premium products and superior support, to maximize value for customers. “We have great confidence in the capabilities of the Wentus organization and management and look forward to joining forces and continuing the successful journey” says Andreas Malmberg, CEO of the Trioworld Group.

MM Kwidzyn has completed the consultation process with trade unions and works councils. The company has taken the decision on the closure of the packaging kraft paper machine (PM3). As a result of this decision, the production of packaging kraft paper IPACK ESSENTIAL, IPACK BROWN, IPACK ULTRA will be discontinued. The last production run on PM3 will take place early January 2024.