Gannett Announces Third Quarter 2024 Results

"We continued to make solid progress on our key priorities in the third quarter while delivering another quarter of year-overyear Adjusted EBITDA growth. Three out of four digital revenue categories experienced further trend improvement year-overyear, and as a result, total digital revenues surpassed 45% of total revenues, representing an all-time high. These results reinforce our belief that we have created a sustainable pathway for ongoing growth moving forward. We also significantly increased our free cash flow by 168% year-over-year. Additionally, within the quarter, we repaid approximately $29 million of debt, which combined with our Adjusted EBITDA growth, reduced our first lien net leverage to 1.76x. It is also important to note that some of our strategic decisions impacted total reported revenue in the third quarter, such as the intentional closure or divestiture of certain businesses in our portfolio. These actions were in-line with our long-term strategy and did not materially impact Adjusted EBITDA," said Michael Reed, Gannett Chairman and Chief Executive Officer. "In the third quarter, our audience surpassed 200 million average monthly unique visitors for the first time in our history, reflecting growth of over 7% compared to the prior year period. Furthermore, in the third quarter, we announced an additional partnership with BetMGM, which is expected to enhance the monetization of our content platform."
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HMH Launches Performance Suite: A Unified Solution for Curriculum, Assessment and Professional Development

Adaptive learning company HMH announced HMH Performance Suite–a first-of-its-kind teaching and learning solution that integrates assessment, Tier 1 curriculum and instruction to harmonize K-12 classroom teaching practices on a single platform. The launch of Performance Suite signals a major milestone in the integration of HMH’s high-quality instructional materials and NWEA’s leading assessments. Performance Suite provides robust day-to-day support for educators across the entire instructional cycle, encompassing planning, teaching, assessment, analysis and professional learning features within a streamlined, user-friendly interface. The current edtech ecosystem frequently calls upon educators to leverage multiple disparate solutions to accommodate their daily workflow. Performance Suite is built to bridge these gaps and facilitate meaningful and immediately actionable connections between assessment data and curriculum delivery.
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FSC blocks Chinese toilet paper company for making false claims

FSC has blocked Join Bums (Shandong Join Bums Eco Tissues Co. Ltd. - FSC-C159817/SCS-COC-007503), an FSC certificate holder from China, for making false claims regarding the bamboo toilet paper rolls it sold to its clients in the United Kingdom. Between May 2021 and March 2024, Join Bums sold large volumes of bamboo toilet paper rolls with FSC 100% claims. However, the company reported zero sales and purchases of FSC-certified material to its certification body since it was granted FSC certification in 2020. Join Bums also waived two surveillance audits in 2021 and 2023. Earlier this year, FSC was alerted to a possible integrity risk in its certified bamboo toilet paper supply chain. In March 2024, a British media outlet published an investigative article, alleging that bamboo toilet paper sold by FSC-certified companies contained very little bamboo fiber, despite claims of being 100% bamboo. Tests revealed that the toilet paper rolls contained high amounts of acacia and eucalyptus instead.
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Pactiv Evergreen Debuts SmartPour™ Pourable Containers and Two New Beverage Carton Filling Machines

Pactiv Evergreen Inc. introduces an innovative packaging solution with the launch of its patented* SmartPour™ package. Made in the USA, SmartPour packaging features an easy-to-pour and resealable closure, making it the ideal container for pourable, dry ingredients like premium cereals, crackers, snacks, baking ingredients, pet food, powders or formulas, and powdered laundry or dish detergents. SmartPour containers eliminate the need for a plastic bag insert, preventing messy, bag-in-box spillage, while the resealable closure and barrier technology keeps contents fresh. With a sturdy design that maintains its shape, SmartPour is perfect for consumer-packaged goods companies looking to enhance product visibility on shelves and preserve the packaging integrity of products ordered via home delivery services. SmartPour packaging is food safe and FDA compliant and comes in six sizes, a vertical and horizontal layout, and three heights, offering a customizable solution for a variety of packaging needs.
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Atlantic Contributes to the Largest Conservation Easement Project in South Carolina History

We are proudly supporting the largest conservation easement project in South Carolina history, dedicating over 62,000 acres of the Pee Dee Basin to permanent protection. The $50 million grant, administered by the U.S. Forest Legacy Program and supported by Atlantic Packaging, the Open Space Institute, the South Carolina Forestry Commission, the South Carolina Department of Natural Resources, and the South Carolina Office of Resilience, aims to balance sustainable forestry, recreation, and environmental resilience for generations to come. This historic project addresses the urgent need for conservation amid South Carolina’s rapid population growth. Protecting these vast lands, equivalent to three times the size of Hilton Head Island, ensures clean water, flood mitigation, wildlife habitat preservation, and a boost to South Carolina’s timber economy.
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International Paper Announces Review of Strategic Options for Global Cellulose Fibers Business and Closure of Georgetown, S.C. Pulp and Paper Mill

IP's GCF business creates safe, high-quality absorbent pulp for a wide range of applications like feminine care, incontinence and other personal care products that promote health and wellness. In addition, its specialty pulp serves as a sustainable raw material used in textiles, construction materials, paints, coatings and more. The GCF business generated $2.9B in revenue in 2023 and has operations in three countries, with eight mills and two converting facilities. "International Paper is committed to maximizing value for our shareholders, and to that end, we have launched a comprehensive and thorough review of strategic options for our global cellulose fibers business," said International Paper Chairman and CEO Andy Silvernail.
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Sylvamo, International Paper Terminate Georgetown Supply Agreement

Sylvamo and International Paper are mutually terminating a supply agreement for uncoated freesheet, bristols and specialty papers at the Georgetown, South Carolina, mill. The agreement will terminate Dec. 31, 2024. Sylvamo is successfully transitioning many paper grades from Georgetown to its Ticonderoga, New York, and Eastover, South Carolina, mills to continue supplying customers. International Paper has announced plans to discontinue operations at the Georgetown mill. “We have been preparing for this possibility since our 2021 spinoff from International Paper. We will support our customers through this transition and will retain the most profitable products from Georgetown, reducing economic downtime in our mill system and improving our mix,” said Jean-Michel Ribiéras, chairman and chief executive officer. “Looking ahead, we are confident in our future and our strategy to grow earnings and cash flow by continuing to invest in high-return projects in our mills and processes.”
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Stora Enso launches Beyond Board services to support customers on packaging sustainability 

Beyond Board is a set of services designed to address the evolving needs of Stora Enso’s customers in the packaging industry. The portfolio focuses on sustainability services, and spans from trainings and regulatory support to circularity assessment and LCA services. The sustainability training aims to build a foundation of sustainability knowledge throughout organisations, including sales, sourcing and product management. While these teams are experts in their products, they can benefit significantly from guidance on topics like forestry and fibers, circularity, recyclability and impact on the climate. As sustainability becomes increasingly vital in decision-making, this training provides valuable knowledge for our customers.
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Walsworth Brings Stephanie Maday Aboard as New Executive VP of Commercial Sales

Walsworth announced it has hired sales executive Stephanie Maday as the company’s new Executive Vice President of Commercial Sales and Board Member. Maday will be replacing Walsworth’s current Executive VP of Commercial Sales, David Grisa, who is retiring from the company in November. Maday will be based out of Walsworth’s Sales and Marketing office in Overland Park, Kansas. Maday comes to Walsworth with nearly 25 years of sales and management experience, more than 20 of it at Taylor Corporation in the Minneapolis/St. Paul area working for client 3M Promotional Markets. She started as a sales representative and rose through the ranks to become National Sales Manager. During her tenure at 3M, Maday gained print product sales experience with large and small roll-fed presses, silk screening, flexo presses and digital presses.
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Ahlstrom joins the World Business Council for Sustainable Development

Ahlstrom, a global leader in fiber-based specialty materials, has joined the World Business Council for Sustainable Development (WBCSD), a global organization committed to accelerating the transition to a sustainable world. By becoming a member of WBCSD, Ahlstrom will collaborate with some of the world’s most forward-thinking companies to further the global sustainability agenda. Together, Ahlstrom and WBCSD aim to tackle urgent environmental issues, including climate change, the need for clean air and water, decarbonization, biodiversity loss, and plastic pollution. “At Ahlstrom, we are committed to being part of the solution to global sustainability challenges. We believe that sustainability is a complex journey that requires collaboration to drive meaningful change. Our purpose, ‘Purify and Protect with Every Fiber for a Sustainable World,’ guides our efforts to innovate fiber-based solutions that are safe and sustainable by design,” says Helen Mets, President & CEO of Ahlstrom.
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UPM Raflatac launches OptiCut™ WashOff linerless label to promote plastic packaging reuse

UPM Raflatac, a global supplier of sustainable labeling solutions, is expanding its direct thermal (DT) linerless label offering with the launch of its new OptiCut™ WashOff solution. The new linerless label is specifically designed for returnable and reusable plastic food containers, including PP, HDPE and PET crates used in food logistics. Available to customers now, the label launch meets the need for innovative plastic packaging solutions, driven by evolving regulations and consumer demand. The OptiCut WashOff label, which is compatible with most direct thermal printers and weighing scales, offers excellent washability and easy, adhesive residue-free separation for both industrial processes and home washing machines.
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UPS Releases 3Q 2024 Earnings

UPS announced third-quarter 2024 consolidated revenues of $22.2 billion, a 5.6% increase from the third quarter of 2023. Consolidated operating profit was $2.0 billion, up 47.8% compared to the third quarter of 2023, and up 22.8% on a non-GAAP adjusted basis. Diluted earnings per share were $1.80 for the quarter; non-GAAP adjusted diluted earnings per share were $1.76, 12.1% above the same period in 2023. For the third quarter of 2024, GAAP results include an after-tax net benefit of $36 million, or $0.04 per diluted share, comprised of a $152 million gain resulting from the divestiture of the Coyote Logistics business net of transformation strategy costs of $116 million.
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AAP August 2024 StatShot Report: Overall Publishing Industry Up 8.5% for Month of August, and Up 7.8% Year-To-Date

Total revenues across all categories for August 2024 were up 8.5% as compared to August 2023, coming in at $1.7 billion. Year-to-date revenues were up 7.8%, at $9.3 billion for the first eight months of the year. Trade (Consumer Books) revenues were up 13.4% in August, coming in at $848.2 million. In terms of physical paper format revenues during the month of August, in the Trade (Consumer Books) category, Hardback revenues were up 17.1%, coming in at $297.4 million; Paperbacks were up 6.7%, with $302.0 million in revenue; Mass Market was down 35.8% to $8.6 million; and Special Bindings were up 3.6%, with $21.5 million in revenue. eBook revenues were up 6.1% for the month as compared to August 2023 for a total of $90.4 million, and the Digital Audio format was up 38.8% for August, coming in at $93.9 million in revenue. Physical Audio was down 54.8% coming in at $600 thousand.
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Savvas Learning Company’s enVision Mathematics © 2024 Earns Highest Rating from EdReports

Savvas Learning Company, a next-generation K-12 learning solutions leader, is excited to announce that enVision Mathematics© 2024, the newest edition of its proven-effective math series for grades K-12, has received the highest rating of “All-Green” from EdReports. The classroom-tested, teacher-loved enVision K-12 math series provides evidence-based, standards-aligned content, combined with personalized adaptive learning, to support all students in developing deep conceptual math understanding, procedural skills, and fluency. The new edition offers expanded digital resources and even more high-interest, student-centered activities that engage learners in real-world, meaningful math. Also included are a variety of new instructional support tools to save teachers time while providing them flexibility for lesson planning. Offering vertical alignment from kindergarten through grade 12, the curriculum is designed to provide continuity from year-to-year — something that school districts like Johnston County Public Schools in North Carolina value.
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COP 16: Over 25% of all production forests globally are PEFC certified, demonstrating sustainable management

How to incentivise smallholders for sustainable commodity production in a world of increasingly complex supply chains was part of discussion at the “Next-Gen Forest Solution – Financing A Systemic Solution for Forest and Biodiversity Conservation” side event at COP 16 in Cali, Columbia. “In the end, it is producers whom we want to produce commodities sustainably, and many of them are smallholders,” highlighted Thorsten Arndt, Head of Advocacy at PEFC International, during the panel discussion. “It has been important that brand owners and retailers have specified PEFC in their procurement policies, as this has led to widespread adaption of certification, yet it has also placed a financial strain on producers who must absorb the costs of compliance.”
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Graphic Packaging Holding Company Reports Third Quarter 2024 Financial Results

Net Income was $165 million, or $0.55 per share, based upon 302.6 million weighted average diluted shares. This compares to third quarter 2023 Net Income of $170 million, or $0.55 per share, based upon 309.2 million weighted average diluted shares. The third quarter of 2024 was impacted by a net charge from special items and amortization of purchased intangibles of $29 million and the third quarter of 2023 was impacted by a net charge from special items and amortization of purchased intangibles of $59 million. Michael Doss, the Company's President and CEO said, "In the third quarter, we saw our packaging volumes turn positive, after Europe's return to growth in the second quarter. Third quarter also saw the launch of new paperboard cup and container innovations for major Foodservice customers and the first-ever round BoardioTM paperboard canister for a leading collagen-protein brand. Our innovations are delivering real value for our customers and for consumers. Despite volume challenges brought on first by customer and retailer destocking and later by the pressure consumers are feeling from price inflation, we are delivering margin strength and consistency in line with the best global consumer packaging companies. That speaks to the value of the portfolio we have created, the success of our sustainable packaging innovations, and our team's commitment to outstanding execution. As volumes continue to improve and our Waco investment moves toward completion, cash generation will rise significantly, and we will deploy that cash to create substantial additional value for shareholders."
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Aptar Reports Third Quarter 2024 Results

AptarGroup, Inc. reported strong third quarter results due to solid operational performance and margin improvement across the company. Results were driven by growth in proprietary drug delivery systems, as well as increased demand for closure technologies. Reported sales and core sales increased by 2%, as currency and acquisition effects did not impact the quarter. Aptar reported net income of $100 million for the quarter, a 19% increase from the prior year. “Aptar delivered another strong quarter driven by our Pharma and Closures segments. We saw increased demand for our proprietary drug delivery systems, active material science solutions and closure technologies, especially for food applications. The Beauty segment saw growth in the personal care and home care markets, but it was not enough to offset tough comparisons from tooling and fragrance dispensing solutions from the prior year period. All three segments continued to demonstrate solid operational performance and margin improvement. We are proud of the strong results and progress we have made for the first nine months of the year and are positioned to achieve double-digit adjusted EPS growth for the full year,” said Stephan B. Tanda, Aptar President and CEO.
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TC Transcontinental Sells its Industrial Packaging Operations to Hood Packaging Corporation

TC Transcontinental announces the sale of its industrial packaging operations to Hood Packaging Corporation for a price of US$95 million (about C$132 million1) subject to working capital adjustments. These operations generated approximately US$50 million (about C$68 million2) in revenues during the last twelve months ended July 28, 2024. The Corporation anticipates using the net proceeds to continue reducing net debt in line with its business priorities. This will increase its flexibility in capital allocation, including targeted acquisitions in growth segments. “Industrial packaging is a solid business. However, after operating it for several years, we concluded that it offers few synergies with the rest of our portfolio, and is not core to our Packaging Sector’s growth strategy,” said Thomas Morin, President and Chief Executive Officer of TC Transcontinental. “We are pleased for our employees that Hood Packaging, a family-controlled company like TC Transcontinental whose industrial packaging business is core to their activities, is the buyer.” Hood Packaging is acquiring TC Transcontinental’s Thomasville, North Carolina, packaging operations and building, and 138 employees are being transferred. Hood Packaging is also acquiring the industrial packaging business of TC Transcontinental’s Ontario, California plant, which represents approximately 15% of this plant’s revenues. Roop Nangia, Senior Vice President, Consumer & Beverage, TC Transcontinental Packaging, added: “We sincerely thank all of our talented employees for their contribution, commitment and performance.”
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Huhtamäki Oyj’s Interim Report January 1-September 30, 2024

Charles Héaulmé, President and CEO: Market conditions started to improve during the third quarter. While the situation improved compared to the first half of the year, the pace was moderate with differences between categories and geographies. Demand for pre-packed on-the-shelf food increased, particularly in egg packaging and in a volatile market, demand for flexible packaging continued to improve. Food-on-the-go volumes remained subdued, with consumers still feeling the impact of inflation and elevated market prices. The foodservice market has progressed more positively in North America than in other regions. The on-going war in the Middle East continued to affect global brands in some markets in the Middle East and Asia. Our comparable net sales remained at the previous year’s level in the third quarter and decreased by 1% during the first nine months of the year. During the third quarter, sales volumes increased while pricing pressure continued. Adjusted EBIT increased by 2% in the third quarter and 8% during the first nine months of the year with an improved adjusted EBIT margin reaching 10%. The profitability development was supported by our actions to improve efficiency. Free cash flow remained strong, reaching EUR 160 million at the end of the third quarter. While continuing to focus on future growth, the investments level was contained, enabling further reduction of net debt and resulting in a net debt to adjusted EBITDA ratio of 2.0. During the quarter, North America continued to deliver profitable growth, maintaining a strong adjusted EBIT margin. Flexible Packaging profitability continued to improve. Foodservice E-A-O margins were negatively impacted by low demand. Fiber Packaging profitability was weighed on by a lag in pricing, as raw material costs increased.
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IPG Launches iTRACK Data Collection System for Case Sealing Machines

IPG® (Intertape Polymer Group®), a global manufacturer of packaging and protective solutions across a diversified set of geographies and end-markets, will be exhibiting at Pack Expo International held at McCormick Place in Chicago from November 3-6, 2024. This year, the booth highlights ‘The IPG Advantage’ across packaging automation, consumables, and service programs. “IPG provides valuable solutions that enhance throughput, simplify processes, and minimize downtime—all from a single source,” says Jason Fisher, Vice President of Corporate Marketing at IPG. IPG proudly presents a comprehensive range of packaging automation solutions, including case sealers, case packers and erectors, A.I. vision systems, palletizers, tray packers, robotics, void fill systems, mailer systems, and more. These data-driven automated solutions are designed to reduce labor and increase efficiency.
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Metsä Board’s comparable operating result in 2024 January–September was EUR 73 million

Metsä Board’s CEO Mika Joukio: ”In 2024, demand for fresh fibre paperboards has clearly improved from last year’s record-low level, although demand growth has been somewhat slower than expected. At the beginning of the year, demand was boosted by restocking in the value chain, which levelled out towards the end of the first half. In July–September, the demand and price situation for paperboards was similar to the previous quarter. Due to higher living costs, consumers’ purchasing behaviour remained relatively cautious, and consumption is more focused on services than on products. Metsä Board’s first half was overshadowed by the political strikes in Finland and the gas explosion at Metsä Fibre’s Kemi bioproduct mill. These caused us large production and sales losses and significant additional costs. We expect the negative impact on the operating result to total EUR 65 million, including the impact of Metsä Fibre’s share of the result. The July–September result includes EUR 23 million in insurance compensation related to the gas explosion in Kemi. Negotiations with the insurance consortium are still ongoing.
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Metsä Group’s comparable operating result in January–September 2024 was EUR 170 million

President and CEO Ilkka Hämälä: The economy continued to be weak in the third quarter of 2024. In the wood market, trade was normal, and prices remained at a record high, compared with figures across the last two decades. A high cost level combined with low demand across the board resulted in a weak result for the third quarter. The quarterly result was significantly improved by the business interruption insurance compensation for the accident at the Kemi bioproduct mill, which was allocated to the first half. Negotiations on the final insurance compensation are still underway, but EUR 67 million in compensation was recorded for the third quarter. The slowdown in the construction industry continues, and there are no signs of a change in the demand for sawn timber and plywood. Demand for Kerto® LVL has remained strong, proving the product’s competitiveness in construction industry solutions. In China, the pulp market picked up in September, and prices began to gradually increase in softwood pulp trade. Demand remained stable in the European pulp market even though prices continued to decrease, still remaining higher than the price level in Asia. In Europe, the paperboard market continues to be affected by Asian paperboard imports to regions neighbouring the EU such as Türkiye. In the US, the market situation has remained slightly stronger than in Europe. As is typical of consumer products, demand for tissue papers has been stable, and profitability has remained at a reasonable level.
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Silgan Announces Third Quarter 2024 Results

Silgan Holdings Inc., a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported third quarter 2024 net sales of $1.75 billion and net income of $100.1 million, or $0.93 per diluted share, as compared to third quarter 2023 net sales of $1.80 billion and net income of $110.6 million, or $1.02 per diluted share. "Our third quarter results continued to benefit from the success of our long-term strategic growth initiatives, the power of the Silgan portfolio and the strength and agility of our operating teams," said Adam Greenlee, President and CEO. "We are pleased to have recently closed the Weener acquisition and to welcome 4,000 new Silgan Team members. This acquisition further expands the breadth, depth and reach of our best-in-class and winning global dispensing business."
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Smurfit Westrock Reports Third Quarter 2024 Financial Results

Tony Smurfit, President and CEO, commented: “I am pleased to report an excellent performance for the third quarter, the first for Smurfit Westrock. The Net Loss for the quarter of $150 million was primarily due to transaction related expenses and purchase accounting adjustments totalling approximately $500 million. With Adjusted EBITDA1 of $1,265 million and an Adjusted EBITDA Margin1 of 16.5%, these results are a strong foundation to build upon. “Our established track record of delivering value to our customers through service, quality and innovation is already beginning to yield results. Equally, we believe our focus on plant level autonomy, operational improvement and profitability will deliver in time, benefits at least equal to the stated synergy target of $400 million. “Our third quarter performance, combined with our deeper knowledge of the Combination and continuing asset optimization, clearly points to the opportunities ahead for Smurfit Westrock. We are at the start of our journey to build the ‘go-to’ sustainable packaging partner of choice, a global leader with an unrivalled scale, geographic reach and product portfolio. Having spent the last number of months visiting our plants, it is also clear that our people are excited and motivated to be a part of this journey.
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Stora Enso strengthens wood supply chain to its packaging board site in Oulu by acquiring a Finnish sawmill company

Stora Enso has entered into an agreement to acquire 100% of the Finnish sawmill company Junnikkala Oy. This acquisition aims to secure a cost-efficient wood supply to Stora Enso’s packaging board site in Oulu, Finland, and to support Stora Enso’s wood products business with new production assets. The total enterprise value (EV) for the transaction is up to EUR 137 million, a significant part of it being contingent upon achieving specific production milestones. The transaction is subject to customary closing conditions including regulatory approvals, and is expected to close in the first half of 2025. Junnikkala Oy is a Finnish producer of sawn timber and processed wood products for domestic and export markets. It operates three sawmills in Finland including its new state-of-the-art sawmill, less than 10 kilometres from the Stora Enso Oulu site.
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Quad reports third quarter and year-to-date 2024 results

Joel Quadracci, Chairman, President and CEO of Quad, said: “During the third quarter, we continued our focus on differentiating ourselves as a marketing experience, or MX, company, including investments in innovative solutions that align with our growth priorities. I am pleased to report that our in-store retail media network is expanding and producing measurable results for both retailers and consumer brands. Already, we have launched a test phase of In-Store Connect by Quad in 15 stores with The Save Mart Companies and are rolling out testing phases with two additional grocery chains by year end. “In the third quarter, we also announced an exciting collaboration with Google Cloud to launch AI-powered solutions that will enable brands to create highly personalized content at scale across multiple marketing channels. By combining our data expertise with Google Cloud’s advanced AI capabilities, we not only will improve audience targeting, but will also reimagine how brands connect with consumers through streamlined, automated solutions that drive impactful results without compromising their unique brand voice.
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Clearwater Paper Releases 2024 Sustainability Report, Highlighting Progress and Achievements

Clearwater Paper Corporation released its 2024 Sustainability Report, an annual update on the company’s progress against their multi-year sustainability goals. Aligned with the company’s strategic sustainability framework, Everyday Responsibility, the report details sustainability work and initiatives spanning three distinct yet equally important pillars: Resource Stewardship, Trusted Products, and Thriving People and Communities. “Reflecting on 2023, I am pleased with what we accomplished throughout the year,” said Arsen Kitch, president and chief executive officer. “All our people play a role – every day – in ensuring that we make and deliver excellent products in sustainable ways and work collaboratively with our stakeholders and each other.” This year’s report shares progress the company made throughout 2023, as well as impactful stories and achievements that exemplify Clearwater Paper’s commitment to Everyday Responsibility.
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Billerud Interim report January–September 2024

Comments by the CEO: The third quarter was another solid quarter for Billerud. As we had planned, our net sales grew, and profitability improved in both regions. The positive profitability trend we have seen from the beginning of the year continued. The Group’s EBITDA margin ended at 14%, our strongest result since Q4 2022. Production stability was solid in the quarter and our scheduled maintenance stops in three mills went according to plan. Yet again, region North America delivered an excellent financial performance with double digit sales growth and 18% EBITDA margin. All our categories in the US contributed to the strong result. In Region Europe, our fiber cost continued to increase, while most other input costs declined. Also for this quarter, we were successfully able to offset the cost inflation by proactive pricing and portfolio management for Europe. This is key and it will continue to be one of our top priorities going forward. Region Europe reached an EBITDA margin of 16%, the highest profitability in two years. Our efficiency enhancement program continues to deliver structural savings. Disciplined work to eliminate price point outliers in the customer base as well as to increase our field-purchased pulpwood in the vicinity of our Swedish mills produces positive effects.
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Drytac announces global availability of Paper Fleece Smooth

Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce the global availability of Paper Fleece Smooth. The product has proved hugely successful since initially launching in the UK earlier this year and will be made available to customers in other regions worldwide from October 24th 2024. This printable non-woven paper fleece wallcovering is PVC-free, making it an effective, environmentally friendly solution for interior décor work in settings such as homes, retail stores, hotels and offices. Its photorealistic print quality produces sharp, detailed graphics with quick drying times and is ideal for creating stunning, vivid designs.
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Avery Dennison Announces Third Quarter 2024 Results

“We delivered a strong third quarter with strong earnings growth, above expectations, driven by higher volume and productivity gains,” said Deon Stander, president and CEO. “Both our Materials and Solutions Groups delivered strong bottom-line growth. “In Intelligent Labels, we are delivering another year of strong growth and continue to see significant opportunity ahead. Adoption of our solutions in new categories is increasing, particularly in Food, as the value of our technology in helping address key industry challenges continues to resonate with customers. “We have raised our full-year outlook for adjusted earnings per share. We continue to remain confident that the consistent execution of our strategies will enable us to meet our long-term goals for superior value creation for all our stakeholders,” added Stander. “Once again, I want to thank our entire team for their continued resilience, focus on excellence and commitment to addressing the challenges at hand.”
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AF&PA Releases Q3 2024 Containerboard Quarterly Report

According to the report, total Containerboard production in Q3 increased 3% compared to Q3 2023. It was up 6% when compared to the same nine months of 2023. Operating rates for all major grades except Recycled Medium declined compared to Q2 2024, but total production was essentially the same between the two quarters. Production for export decreased nearly 15% from Q2 and was the lowest quarter so far in this year, but is still up more than 26% year-to-date due to the weak export numbers in the first half of 2023. Recycled Medium had a very strong quarter with production exceeding 1.9 million tons and the operating rate above 90% for the first time since Q2 2022. Semichemical Medium production on the other hand dipped below 1 million tons for the quarter due to particularly weak September numbers. New supply for Q3 increased 2.8% from Q2 and was the highest it has been since Q2 2022, with strong domestic production and imports indicating growing demand for containerboard stateside, compared to the slightly weaker exports.
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AF&PA Releases Q3 2024 Boxboard Quarterly Report

Total Boxboard production in Q3 increased 10% compared to Q3 2023. The boxboard operating rate was 89.0%, up 8.1 points from the same quarter last year and up 3.2 points year-to-date. Solid Bl. Folding – Domestic production increased 18% compared to Q3 2023. Solid Bleached Boxboard unmade orders were down 3% compared to the end of the previous quarter and increased 62% compared to September 2023. Tube, Can & Drum – Domestic production increased 1% compared to Q3 2023, and was up 1% when compared to the same 9 months of 2023.
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Tronox Reports Third Quarter 2024 Financial Results

Chief Executive Officer John D. Romano commented, “Tronox’s third quarter results demonstrated continued demand recovery compared to the prior year, though ultimately came in below our expectations as a result of softer than anticipated market conditions as the pace of the recovery slowed late in the quarter. Orders in North America and Latin America met our expectations, while demand in Europe and Asia Pacific was softer than forecasted in the last month of the quarter. Our TiO2 volumes declined 7% sequentially, outside our guidance of a 2-4% decrease compared to the second quarter. Zircon volumes declined 12% sequentially, below our expectation of relatively flat volumes compared to the second quarter, due partially to orders rolling from the third quarter to the fourth quarter as well as weaker than expected demand in China. “On operations, we successfully achieved our targeted average production utilization rate of ~80% for the quarter. However, we have not yet seen the benefit of the lower cost inventory flowing through due to weaker than forecasted demand. The impacts from a weaker market environment along with higher freight costs drove the miss relative to our previously guided range of $145-165 million, resulting in a third quarter Adjusted EBITDA of $143 million and an Adjusted EBITDA margin of 17.8%. Lower sales volume also drove higher finished goods inventory, resulting in a neutral impact from working capital in the quarter.”
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UPM Interim Report Q3 2024:Comparable EBIT +32% from last year in a challenging market

Massimo Reynaudo, President and CEO, comments on the results: "Our Q3 results improved both year-on-year and quarter-on-quarter, with a significant contribution from the fully ramped-up UPM Paso de los Toros pulp mill. The earnings improvement, albeit good, was lower than earlier expected as the market demand of our products slowed down after the encouraging start of the year. We took measures in several of our businesses to safeguard profitability and we continue to take decisive actions to ensure the competitiveness of our businesses and support our growth ambitions. Our Q3 sales were EUR 2,521 million and our comparable EBIT increased by 32% to EUR 291 million. Our net debt was EUR 2,804 million, 1.59 times EBITDA. Cash funds and unused committed credit facilities totalled at EUR 3.7 billion at the end of the quarter, following the successful issuance of our fourth Green Bond, for EUR 600 million, in August."
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Berry and Glatfelter Announce Information for Anticipated Completion of Spin-Off and Subsequent Merger of Berry’s Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

Berry Global Group, Inc. and Glatfelter Corporation announced that Berry has set a record date of the close of business on November 1, 2024 for the proposed spin-off of its Health, Hygiene and Specialties Global Nonwovens and Films business. The spin-off and merger of Berry’s HHNF Business with Glatfelter are expected to be completed on November 4, 2024, subject to the satisfaction or waiver of the closing conditions for the transaction. As previously announced, in connection with the merger, Glatfelter will effect a reverse stock split and change its name to Magnera Corporation. Subject to the satisfaction or waiver of the closing conditions, on November 4, 2024, (1) Berry will distribute all of the shares of stock of its wholly owned subsidiary that owns the HHNF Business to Berry stockholders as of the close of business on the November 1, 2024 record date by means of a pro rata distribution, (2) Spinco will merge into a subsidiary of Magnera, and (3) the shares of Spinco distributed to Berry stockholders will convert into the right to receive Magnera shares, as illustrated in the hypothetical below. Upon completion of the merger, Berry stockholders are expected to collectively own approximately 90% of the outstanding shares of Magnera common stock on a fully-diluted basis, and current Glatfelter shareholders are expected to collectively own approximately 10% of the outstanding shares of Magnera common stock on a fully-diluted basis.
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Publishers Join with Worldwide Coalition to Condemn the Theft of Creative and Intellectual Authorship by Tech Companies for Generative AI Training

The Association of American Publishers (AAP) joined forces with more than 10,000 creators and coalition partners, including authors, musicians, actors, artists, and photographers, to condemn the theft of creative and intellectual authorship by big tech companies for use in their Generative AI models. In fact, these consumer-facing models and tools would not exist without the books, newspapers, songs, performances, and other invaluable human expressions that were—and continue to be—copied, ingested, and regenerated in blatant disregard of the law. This is a crucial time for AI policy development globally, as authors and their publishers call on their governments and courts to uphold the most fundamental of copyright principles: Reproducing works of authorship, and creating derivatives of them, requires the clear consent of those who created, invested in, and otherwise made them possible in the first place. “The Association of American Publishers is proud to stand with thousands of creators and partner organizations to highlight that human authorship is the basis of Generative AI,” said Maria A. Pallante, President and CEO. “What is true is that creators operate in service to a well-read, informed, and inspired global public, not the unsanctioned, unregulated profits of big tech companies. It goes without saying that technology collaborations are a key part of publishing, but they are built on lawful licenses and respect, not a land grab.”
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Streamlining FSC-certified companies’ EUDR journeys: Critical EU updates

The European Commission announced a proposal for an extra 12 months of phasing-in time of the EUDR. FSC continues to strongly support the creation of deforestation-free markets, in Europe and worldwide, while underlining the continued urgency of swift action to prevent deforestation. Read our response here. FSC remains committed to supporting EUDR implementation and business compliance in the timber and rubber value chains and we encourage companies to continue their preparations. To do so, the following critical updates, clarifications, and resources, recently released by the Commission complements FSC’s mission to streamline the compliance journey. All these materials can be found on the revamped EUDR website. Guidance document: This long-awaited, non-binding guide complements the EUDR text and will be useful for both operators and Competent Authorities. It features sections for legality, timelines, certification systems, and product scope.
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ATA Truck Tonnage Index Decreased 2.1% in September

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 2.1% in September after rising 1.7% in August. In September, the index equaled 113.2 (2015=100) compared with 115.6 in August. “After increasing a total of 2.1% in July and August, tonnage fell by that amount in September,” said ATA Chief Economist Bob Costello. “Freight has been very choppy this year, but despite the latest drop, tonnage is up 1.8% since hitting a low in January. No doubt, the climb up has been slow and difficult as manufacturing activity remains flat, but the trend is up, not down.” August’s increase was revised down slightly from our September 24 press release. Compared with September 2023, the index fell 0.9%, after rising 0.6% in August from a year earlier.
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Packaging Corporation of America Reports Third Quarter 2024 Results

Packaging Corporation of America reported third quarter 2024 net income of $238 million. Third quarter net sales were $2.2 billion in 2024 and $1.9 billion in 2023. In the Packaging segment, corrugated products shipments per day were up 11.1% over last year’s third quarter and total shipments, with one additional shipping day, were up 12.9%. Shipments per day were up 5.8% versus the second quarter of 2024 and total shipments, with one less shipping day, were up 4.1%. Containerboard production was 1,293,000 tons, and containerboard inventory was up 25,000 tons from the third quarter of 2023 and down 3,000 tons compared to the second quarter of 2024. In the Paper segment, sales volume was up 4% versus the third quarter of 2023 and up 5% versus the second quarter of 2024. Commenting on reported results, Mark W. Kowlzan, Chairman and CEO, said, “In the Packaging segment, we had great implementation of our previously announced containerboard and corrugated products price increases. Very strong demand throughout the quarter led to all-time quarterly records for containerboard production, total box shipments and shipments per day. We were able to meet this demand, and our customers’ quality and service needs, through the operational benefits of our capital spending program and the continued great focus and execution by our sales, customer service, mill and corrugated products plant employees. Our Paper segment had excellent results with our previously announced price increases implemented as planned, volume above forecasted levels, and well-managed mill operations. Fortunately, none of our facilities were significantly impacted by the two hurricanes during the quarter.”
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Stora Enso decides to discontinue the divestment process of its Beihai production site in China (Inside information)

Stora Enso has decided to discontinue the divestment process for its Beihai packaging board production site and forestry business, announced in December 2022. Stora Enso is of the view that the value in own use of the assets exceeds the achievable transaction value, and has therefore chosen to retain these operations within the Group. Stora Enso’s strategic ambition is to build on its global leading position in the fiber-based packaging market. The business of the Beihai site will be developed through a continued focus on operational excellence, cost optimisation, and product development. By adjusting the product mix to increase the share of liquid packaging board and other premium grades, the Beihai site will strengthen Stora Enso’s leading position as a global supplier. No significant capital expenditure is expected in the mid-term.
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SCA is committed to SweTree Technologies’ pilot facility for SE plants

SCA has become a co-owner of SE technology and the pilot facility developed and operated by SweTree Technologies. With SE technology, it is possible to quickly and efficiently produce more plants from the best seed material from forest breeding. SweTree Technologies is running a pilot project to develop automated plant production via Somatic Embryogenesis (SE) in collaboration with forestry companies Stora Enso, Sveaskog, Södra, and Holmen. Now, SCA has also joined the project as an SE company and become a co-owner of SE technology and the pilot facility developed and operated by SweTree Technologies. So far, the development has focused on spruce plants, but with SCA's involvement, SweTree has also started the development of SE technology for pine. This is being done jointly with all participating companies, parallel to the ongoing development for spruce.
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RYAM Restarts Jesup A Line Ahead of Schedule; Full Operations Anticipated around October 28th

Rayonier Advanced Materials Inc., a leader in High Purity Cellulose, announced that power has been fully restored to its Jesup, Georgia site and that the A Line has restarted operations. The A Line, which primarily produces cellulose specialties for use in filtration, food and pharmaceuticals, and tire cord, is currently operating at approximately 80 percent capacity, with an anticipated ramp-up to full capacity within a week. Repair work on the B line is ongoing and is expected to be completed with a restart on or around October 28. The Company continues to assess the financial cost of the incident along with any potential insurance recovery. Further financial updates will be provided during its third-quarter earnings call in early November.
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Rottneros interim report January-September 2024

Statement by the CEO: Our production remained relatively stable in the third quarter, but rising raw material costs continued to negatively impact our earnings. Although the chemical pulp market experienced a slight slowdown, our customers continue to show interest in expanding volumes in our chosen niches. All three major investment projects at our mills are starting up this fall. As before, safety, efficiency, and high availability at our mills are of the utmost importance to ensure that our employees feel safe in their workplace and can achieve optimal results despite external challenges. Total production for the group increased by 2 percent compared with the same quarter last year. EBIT fell by 9 MSEK to 40 MSEK, mainly due to higher wood costs, which increased by about 40 MSEK. Gradually rising competition for pulp wood is driving prices upward. Meanwhile, our own supply of wood and wood chips remains strong, largely due to our long-term efforts to foster close relationships with our suppliers, which are mainly sawmills and timber companies.
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Avery Dennison Announces Third Quarter 2024 Results

“We delivered a strong third quarter with strong earnings growth, above expectations, driven by higher volume and productivity gains,” said Deon Stander, president and CEO. “Both our Materials and Solutions Groups delivered strong bottom-line growth. “In Intelligent Labels, we are delivering another year of strong growth and continue to see significant opportunity ahead. Adoption of our solutions in new categories is increasing, particularly in Food, as the value of our technology in helping address key industry challenges continues to resonate with customers. “We have raised our full-year outlook for adjusted earnings per share. We continue to remain confident that the consistent execution of our strategies will enable us to meet our long-term goals for superior value creation for all our stakeholders,” added Stander. “Once again, I want to thank our entire team for their continued resilience, focus on excellence and commitment to addressing the challenges at hand.”
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REI Co-op announces lineup of new store openings in 2025 and an early peek at 2026

Specialty outdoor retailer REI Co-op today announced its lineup of 2025 store openings as part of the company’s efforts to support the active lifestyles of its membership and outdoor communities. Stores will open in six communities next spring and summer, including the California cities of Carlsbad, Chico and Elk Grove as well as in Amherst, New York; Durango, Colorado; and Lynnwood, Washington. The company also shared its intent to open in Prosper, Texas in 2026, which joins a previously announced St. George, Utah store. Additional stores for 2026 will be announced as leases are finalized. “Our store employees are the heart of the co-op, and they welcome everyone to experience our product expertise, resources and inspiration in support of an active lifestyle,” said Mary-Farrell Tarbox, REI vice president of Stores. “Cities that will have new stores represent communities that serve as a gateway to some of the country’s most incredible natural places and where our members currently live or destinations where they love to play outside.”
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Mittera Acquires Rex3, Expands Into Trading Cards and Collectibles

Mittera announces the acquisition of Rex3, a Florida-based commercial printer known for its expertise in specialty print production, direct mail, and trading card manufacturing. This acquisition strengthens Mittera’s portfolio of services while providing Rex3 clients access to Mittera’s national platform and integrated technology and creative service solutions. “This acquisition allows us to accelerate our growth strategy by adding specialized manufacturing capabilities and tapping into the surging collectibles market,” said Jon Troen, CEO of Mittera. “Rex3’s clients will now benefit from Mittera’s nationwide footprint and cutting-edge technology, ensuring we meet the evolving needs of today’s marketplace.”
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Quad amends and extends bank debt agreement to October 2029

Quad/Graphics, Inc. announced that it has completed the ninth amendment to the Company’s April 28, 2014, bank debt agreement to: (1) reduce the aggregate amount of the existing revolving credit facility from $342.5 million to $324.6 million, and extend the maturity of a portion of the revolving credit facility such that $17.7 million under the revolving credit facility will be due on the existing maturity date of November 2, 2026 and $306.9 million under the revolving credit facility will be due on October 17, 2029; (2) extend the maturity of a portion of the existing term loan facility such that $14.5 million of such term loan facility will be due on the Existing Maturity Date and $351.3 million will be due on the Extended Maturity Date; (3) make certain adjustments to pricing, including an increase of .50% to the interest rate margin applicable to the loans maturing on the Extended Maturity Date; and (4) modify certain financial and operational covenants. Tony Staniak, Quad Chief Financial Officer, said: “We are pleased to have completed the amendment and extension of our $690 million bank debt agreement, which extends the maturity to October 2029, due to our strong relationships with a syndicate of premier banks and our disciplined financial management. By the end of 2024, we anticipate we will have reduced our debt by over $670 million, or 65%, from January 1, 2020, and we will continue to focus on debt reduction with our capital allocation. This debt extension provides us with additional financial flexibility to focus on the growth and development of our offerings as a marketing experience company while returning capital to our shareholders.”
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Kimberly-Clark Announces Third Quarter 2024 Results

"Our third quarter results reflect strong execution across the business as we transform our organization," said Kimberly-Clark Chairman and CEO, Mike Hsu. "I'm very proud of our teams' ability to deliver organic top-and-bottom-line growth, driven by market share gains and improved productivity, even against the backdrop of a dynamic consumer environment." Hsu continued, "With our Powering Care strategy in full swing, we are accelerating our innovation pipeline and reducing costs to deliver higher-quality consumer solutions for every price point, and simplifying our operational structure so that we can be faster and more responsive in our markets. We are on track to deliver strong operating profit, margin, and EPS growth in 2024 while investing to maintain our business momentum into 2025." Quarter Highlights: *Net sales of $5.0 billion were down 4 percent, with organic sales growth of 1 percent versus the prior year. *Reported gross margin was 36.0 percent, adjusted gross margin was 36.7 percent, up 90 basis points versus the prior year, driven by strong gross productivity gains.
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Companies Move Away From Single-Use Plastics in Packaging

The push to reduce single-use plastics in packaging has gained momentum as companies respond to growing pressure from legislation, corporate sustainability goals, and shifting consumer preferences. Companies are largely moving towards alternatives like paper-based packaging, yet there are both benefits and challenges to this transition, particularly around recyclability. Governments and organizations worldwide are enacting legislation to reduce plastic waste, driven by the environmental impact of single-use plastics, which contribute to pollution, climate change, and harm to wildlife. For example, recent U.S. policies aim to limit plastic pollution, reflecting a broader trend of regulatory action against single-use plastics. The U.S. federal government is the largest buyer of consumer goods in the world. A report released by the administration in July detailed the administration’s plan to phase out federal purchases “of single-use plastics from food service operations, events, and packaging by 2027, and from all federal operations by 2035.” The report says this action could significantly impact the supply of plastic products, while the government seeks tougher regulations on plastics manufacturers.
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New measures are needed to strengthen the state of nature in forests

The first results of the Natural Resources Institute Finland on the forests of Metsä Group's owner-members demonstrate the need for new initiatives that increase biodiversity. According to indicators, biodiversity in forests has developed both positively and negatively over the past decades. Based on the results, the number of trees and also deciduous trees has increased significantly. The increase in the number of trees based on our native tree species indicates a positive development for their companion species. Increasing the proportion of deciduous trees is an important measure in adapting to climate change and also significant for the health of forests. It is good to regenerate forests into mixed forests using, for example, pine-spruce mixed cultivation, as well as increasing the share of birch through natural regeneration. In addition, it is increasingly important to protect less common deciduous trees in order to safeguard biodiversity.
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Guess launches online recycling program

Guess Inc. is stepping up its sustainability efforts with the launch of “Guess Again,” a new apparel recycling program for U.S. online customers. The program launched Oct. 10 in partnership with textile recycling platform SuperCircle. Going forward, Guess will let consumers recycle pre-owned clothing from any brand, participating in a broader circular economy for retailers. Through the Guess website, customers can request a shipping label to send in unwanted clothing. In return, they receive Guess credits for future purchases. From there, SuperCircle handles the rest of the process. Later steps include collecting and sorting the clothes, as well as disassembling them. Then, materials are sent to recycling partners that specialize in different fibers.
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PEFC achieves a major milestone in the recognition process of RED II by the European Commission

On 11 October 2024, the European Commission announced the positive technical assessment for the PEFC RED II certification. The European Union’s (EU) Revised Renewable Energy Directive (RED II) is the Directive (EU) 2018/2001 of 11 December 2018 on the promotion of the use of energy from renewable sources. Under RED II, the European Commission (EC) can recognise voluntary certification schemes as compliant with the rules included in the RED II to help verifying that the production of fuels and energy from forest biomass complies with the EU sustainability criteria as well as relevant methodologies. By using voluntary certification schemes, participating economic operators can demonstrate their compliance with the RED II sustainability and greenhouse gas saving criteria and provide the necessary assurances. To achieve recognition from the European Commission, PEFC has developed a set of new standards: the PEFC RED II standards. The PEFC RED II scheme is built up over the PEFC Chain of custody. PEFC RED II certification covers forest biomass, ligno-cellulosic material derived from processing residues originating in forest-related industries, waste, and biomass fuels produced from ligno-cellulosic material for heating, cooling, and electricity production.
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Crown Holdings, Inc. Reports Third Quarter 2024 Results

Net sales in the third quarter were $3,074 million compared to $3,069 million in the third quarter of 2023 reflecting higher shipments of both global beverage cans and food cans in North America, offset by lower volumes in most other businesses and unfavorable foreign currency translation of $9 million. Income from operations was $444 million in the third quarter compared to $374 million in the third quarter of 2023. Segment income in the third quarter of 2024 was $472 million, up 10%, compared to the $430 million in the prior year third quarter driven by improved results in global beverage operations, partially offset by the impact of lower volumes in Transit Packaging and the beverage can equipment business. Commenting on the quarter, Timothy J. Donahue, Chairman, President and Chief Executive Officer, stated, "The Company continued its strong 2024 performance during the third quarter, with results in each of its global beverage can businesses exceeding original expectations. Global beverage shipments improved 5% during the quarter, with Brazil, Europe, Mexico and the United States all recording increases of 5% or more. Segment income on a combined basis advanced 10% over the prior year third quarter, as the Company benefited from favorable manufacturing performance and exposure to a well-balanced portfolio of end markets. Transit Packaging performed in line with expectations while global manufacturing activity continues in contraction.
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Huhtamaki Expands Its Capacity for Fiber Lid Production to Lurgan, Northern Ireland

Huhtamaki is pleased to announce the commencement of smooth molded fiber (SMF) production at Huhtamaki’s existing molded fiber facility in Lurgan, Northern Ireland. This expansion marks an important step in Huhtamaki’s ongoing commitment to meeting the growing demand for sustainable packaging solutions.  This investment will increase Huhtamaki's global capacity and footprint in SMF products, complementing our existing SMF production sites in Germany, Holland, and the USA, as well as capacity created together with our strategic partners in Asia.  Building on Huhtamaki’s 40-year of experience in fiber products, our in-house state-of-the-art SMF technology provides products with superior quality and competitiveness. All Huhtamaki fiber lids come with a patented and unique click-fit function to ensure the most secure lid closure. Huhtamaki fiber lids, like all other Huhtamaki SMF products, are home compostable and easy to recycle. 
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Transport packaging with 70% Post-Consumer Recyclates (PCR) nominated for the PackNorth Award

The cutting-edge plastic film, designed to provide outstanding load stability, features 70% Post-Consumer Recycled (PCR*) content – a significant step toward circularity in transport packaging. By incorporating 70% PCR, the Stretch hood Loop70 demonstrates that sustainability and high performance can go together. Our customers can continue to rely on the same exceptional load stability and safety, ensuring protection for both goods and drivers, while significantly reducing the environmental footprint. The Stretch hood Loop70 is more than just another product – it represents our commitment to circularity and carbon reduction. At Trioworld, we are constantly pushing the boundaries of packaging innovation, combining circular solutions with industry-leading performance. By optimising film thickness and integrating recycled materials, we are setting new standards for tomorrow’s packaging solutions – making them available already today.
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Norske Skog: Higher market share in challenging publication paper market

Norske Skog’s EBITDA in the third quarter of 2024 was NOK 91 million, a decrease from NOK 471 million in the second quarter of 2024. Norske Skog implemented price increases for both containerboard and newsprint during the quarter to mitigate continued cost increases. Norske Skog received excellent feedback from containerboard customers as deliveries continued to grow. Despite signs of positive market developments for Norske Skog in the publication and containerboard markets, these markets are still experiencing excess capacity, thus closures are still required. “We are receiving excellent feedback from our customers on the quality of our containerboard products, which bodes well for our plan to deliver a total of 760,000 tonnes of packaging paper from Bruck and Golbey to the market in the coming years. We are particularly pleased to have strengthened our position in the newsprint market by increasing our market share through higher sales volumes in the third quarter of 2024 compared to the same quarter last year, especially in a declining market for publication paper,” says Geir Drangsland, CEO of Norske Skog.
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Wiley Launches New Partnership Innovation Program to Deliver AI Advantages for Researchers and Practitioners

At the Frankfurt Book Fair, Wiley announced the launch of Wiley AI Partnerships: A Co-Innovation Program. This initiative aims to develop new AI applications, assistants, and agents in partnership with innovative companies, to empower researchers and practitioners and help drive the pace, efficiency and accuracy of scientific discovery. A new Wiley survey revealed that 69% of researchers want to keep up with or be ahead of the curve in AI adoption in their field. At the same time, they require better tools to streamline their research and are looking for guidance and training about how to use AI responsibly and effectively. This new program is intended to help solve these challenges in collaboration with partner companies and researchers with the goal of improving the efficiency and caliber of research worldwide. “Researchers and practitioners are seeking more than generic AI tools – they need relevant applications that enhance and support their research endeavors. This new partnership program is designed to meet these needs by inviting collaboration with start-ups and scale-ups to deliver specialized AI solutions,” said Josh Jarrett, Senior Vice President and General Manager for AI Growth at Wiley. “Our goal is to accelerate AI tool development to unlock new discoveries, empower researchers to uncover hypotheses, run analyses at scale, simulate experiments before wet lab investment, connect findings to existing research, and enable global collaboration.”
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HMH Launches New Generative AI-Powered Classroom Engagement Tool to Support Whole Class Instruction

Adaptive learning company HMH today announced HMH Classcraft’s TM AI Summarization tool, which allows teachers to quickly understand student comprehension and adapt instruction in the moment. This innovative tool, powered by generative AI, analyzes open text responses from students working in small groups or individually and provides educators with a quick and insightful summary of how the class is doing, followed by helpful feedback recommendations. This new functionality makes it easier for educators to use proven instructional strategies like “turn and talk,” a common teaching method where peers discuss relevant classroom content with one another. Classcraft allows students to submit written comments during turn and talk conversations, which are then intelligently summarized by the GenAI and shared with the educator.
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Introducing Savvas PathMaker, a Complete Learning Solution for College and Career Readiness

Savvas Learning Company, a next-generation K-12 learning solutions leader, is excited to introduce Savvas PathMaker, a brand-new, all-in-one solution for college and career readiness that gives students a head start on post-high school success. Designed to offer flexibility for educators and choice for students, Savvas PathMaker delivers an exciting array of online dual-enrollment and career and technical education (CTE) courses that enable students to create their own personalized pathways and gain the skills and confidence to become college and career ready. Featuring the award-winning Outlier by Savvas dual-enrollment courses and the robust catalog of innovative Savvas CTE courses, including many that prepare students for industry-recognized certification exams, Savvas PathMaker gives students the opportunity to discover their passions, develop skills and knowledge, and prepare for the next stage of their life, whether that be college, career, or both.
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Metsä Board develops new lightweight micro-flute packaging for HejBuddy cosmetics brand

Metsä Board, a leading European producer of premium fresh fibre paperboards, has developed a multipurpose, space-saving promotional packaging for HejBuddy, a Finnish cosmetics brand. Offering flexibility and luxury appeal, the new lightweight packaging is made of micro-flute corrugated board using Metsä Board’s white kraftliner. The new packaging is 50% lighter than a traditional rigid box made of recycled fibres. Traditionally, rigid boxes are imported from Asia as assembled packaging, which requires a lot of container space. The new packaging developed by Metsä Board requires minimal storage capacity as it can be easily folded into a box when necessary. Once the packaging has been used, it can be unfolded and recycled easily.
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Mondi Trading Update Q3 2024

Mondi provides an update on trading for the three months to 30 September 2024 (“Q3 2024”). Underlying EBITDA for the quarter was, as expected, lower than the previous quarter, at €223 million (Q2 2024: €351 million). This was primarily due to more planned maintenance shuts and a forestry fair value loss, which together resulted in a difference between the third quarter and second quarter of approximately €90 million. This was in addition to softer seasonal demand and higher input costs. Selling prices in Corrugated Packaging and Flexible Packaging were higher when compared to the previous quarter due to the implementation of paper price increases earlier in the year. After a recovery in pricing at the start of the year, pulp and paper selling prices in Uncoated Fine Paper declined in the quarter. Andrew King, Chief Executive Officer, said: “While we are seeing the benefits from the increase in prices earlier this year across our key paper grades, trading conditions remain muted against the backdrop of an uncertain macroeconomic environment. In the fourth quarter there will be fewer planned maintenance shuts, and we expect the normal seasonal pick-up in demand.
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Postal Service Ready to Deliver for 2024 Holiday Season

The U.S. Postal Service is primed and ready to deliver exceptional service during the 2024 holiday rush, thanks to the substantial progress USPS has made under the Delivering for America plan — a $40 billion investment aimed at revitalizing the national postal network. Throughout 2024, USPS has been relentlessly working toward the objectives of its 10-year Delivering for America plan. By harnessing the power of network modernization, an upgraded delivery fleet and the successful launch of the USPS Ground Advantage and USPS Connect services, the Postal Service is building a reenergized, nationwide integrated mail and package network.
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REI Co-op Urges Washington Voters to Reject Ballot Initiative 2117

As a co-op, we often ask our members, employees and broader community to support policies that enable everyone to enjoy time outside. In recent years, we’ve collectively supported the protection of 246 million acres of U.S. lands and waters; $45 million in federal funding for safe trails to bike and run; and more than $1 billion in funding for state parks. Today we are raising our collective voice in opposition to Washington Ballot Initiative 2117. If ratified by voters in a few weeks, I-2117 would strip billions of dollars in climate investments across our home state—draining programs that support air quality, transportation, wildlife habitats, wildfire prevention, recreation infrastructure, and the health of our public lands and waters.
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Amazon Ads Launches New AI Tools for Advertisers – AI Creative Studio and Audio Generator

At unBoxed 2024, Amazon Ads introduced AI creative studio and Audio generator, two new generative AI tools designed to lower creative barriers and expand opportunities for advertisers to scale their reach. By building a suite of self-service, AI-powered tools, Amazon Ads is enabling brands of all sizes to create engaging content across media types and eliminating boundaries across ad formats. With Audio generator, Amazon Ads expands its suite of AI-powered creative tools – including Image generator and Video generator – empowering brands to connect with customers across the shopping journey. These tools make it simple to build and activate new campaign creatives, helping brands experiment more freely and optimize based on performance – with little more than the information on their Amazon product page. According to Amazon Ads findings, on average, brands who used Image generator between October 2023 and June 2024 saw almost 5% more sales per advertiser.
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A call to dialogue: How can we make the forest sector increasingly sustainable?

Metsä Group recently launched a national media campaign “Growth, with a future”. It comes at a time when the requirements for sustainability communication are becoming increasingly strict due to stricter regulation and critical attitudes. As things stand, many marketing professionals may consider a campaign communication strategy known as greenhushing. It means that companies opt to remain silent about sustainability themes to avoid critical attention. This approach may be adopted accidentally, or it may stem from not knowing how to communicate about sustainability, with our world and its regulations in a continuous flux. Greenhushing may also be a conscious choice. Things that just a few years ago were considered typical marketing measures can easily be labelled as greenwashing today. What may seem like minor miscalculations can quickly blow up into a media storm and lead to reputational damage. It’s positive that people today are more conscious, and that greenwashing is recognised more easily. This encourages businesses to pursue genuine sustainability efforts and prevents communication becoming empty words.
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Canfor Pulp Announces President and CEO

John Baird, Chairman of Canfor Pulp Products Inc. Board of Directors announced that Stephen Mackie has been appointed President and Chief Executive Officer of Canfor Pulp effective November 1, 2024. “With almost twenty years at Canfor and 30 years in the forest products industry, Stephen is a proven executive with an extensive background in operations,” said John Baird. “We are very pleased that Stephen has agreed to take on this important role and we believe that his in-depth knowledge of the fibre dynamics in BC make him particularly well positioned to lead Canfor Pulp at this time.” Mr. Mackie will also retain his responsibilities as Executive Vice President, North American Operations of Canfor Corporation.
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Adobe Puts Greater Power & Possibility in Hands of Creators, Teams & Marketers at Adobe MAX 2024

Adobe brought together the global creative community for the kickoff of Adobe MAX 2024 – the world’s largest creativity conference – where it introduced over one hundred new Creative Cloud features, including groundbreaking capabilities powered by Adobe Firefly that offer creators unprecedented power to create, collaborate and conceptualize ideas while empowering them to work more productively. Major updates to Adobe Express and an all-new Frame.io deliver new workflows to streamline collaboration for creative teams and their stakeholders. Adobe announced a new Firefly Video Model (beta) and breakthroughs in its Firefly Image, Vector and Design models, delivering significant enhancements to its family of generative AI models that are designed to be commercially safe. For enterprises, Adobe announced the general availability of GenStudio for Performance Marketing, the latest application within Adobe GenStudio, an end-to-end content supply chain solution that optimizes the process of planning, creating, managing, activating and measuring content for marketing campaigns and personalized customer experiences.
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Google Puts Data-Retention Limits On Advertising

Google Ads will implement a data-retention policy on November 13 that limits historical data access to 11 years. Data-retention policies have become a major point of contention between advertisers and the platforms they do business with. The industry trend toward shorter data cycles certainly played a role in Google’s decision as privacy concerns have mounted and global industry trials have increased.
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‘Ascending,’ Magazine For Women, Debuts In Print

Ascending magazine, a periodical designed to inspire and guide women throughout their professional careers, is about to launch its inaugural Fall/Winter 2024 print edition. Each issue will provide essays, stories, advice and interviews in a bid to challenge the norms of the digital landscape. The debut edition is now available as a single issue or as part of an annual subscription.
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Opinel reaffirms its commitment to sustainability of forest heritage through PEFC certification

Opinel, a symbol of French craftsmanship and proud ambassador of the Savoie region in France, has taken another step forward in its commitment to forest sustainability. During an official ceremony at its Chambéry workshops, the company was awarded PEFC certification, confirming that the wood used in its iconic knives comes from sustainably managed forests and controlled sources. For 135 years, world-renowned company Opinel, has continued to stand out for its local roots, unique expertise, and environmentally friendly approach. The achievement of PEFC certification strengthens this historic commitment.
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Silgan Completes Acquisition of Weener Packaging

Silgan Holdings Inc. announced that it has completed its acquisition of Weener Plastics Holdings B.V., a leading producer of differentiated dispensing solutions for personal care, food and healthcare products. Weener operates a global network of 19 facilities predominantly in Europe and the Americas, with approximately 4,000 employees and proprietary manufacturing technologies including significant clean room capabilities. The Company funded the purchase price for this acquisition and related costs and expenses through term and revolving loan borrowings under its senior secured credit facility, including a €700 million incremental term loan. Silgan expects to realize operational cost synergies related to the acquisition of approximately €20 million within 18 months. The transaction is expected to be slightly accretive to adjusted earnings per share in 2024, with approximately 10% accretion once fully integrated and with synergies achieved. Silgan is a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products with annual net sales of approximately $6.0 billion in 2023. Silgan operates 124 manufacturing facilities in North and South America, Europe and Asia.
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Smurfit Westrock creates Quality solution to drive down emissions for Nestlé

Smurfit Westrock has worked with Nestlé to launch an innovative, paper-based tub for its iconic Quality Street sweets this Christmas. The beautifully designed pack is the first of its kind to hit supermarket shelves. Nestlé approached the packaging leader to create the trial pack as part of its ongoing initiative to reduce virgin plastic. The redesign also enables more boxes to fit on a pallet and has the potential to reduce CO2 emissions significantly. The introduction of the paper tub follows on from Nestlé switching to paper wrappers for the Quality Street sweets back in 2022, which diverted over 2 billion wrappers from landfill. Now, both the box itself and the wrappers can be put into household recycling at the end of use.
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Flint Group’s Evolution range helps Optimum Group excel in shrink sleeve recycling

Optimum Group, a leading supplier of self-adhesive labels and flexible packaging, has improved the recyclability of its shrink sleeves after adopting Flint Group’s Evolution range of primers and varnishes, designed to enhance packaging label recycling. Evolution Deinking Primer is applied to the substrate before the ink to provide strong ink adhesion throughout the life of the label. It enables the ink to be released (de-inked) into the recycling caustic wash and the substrate to be broken down into flakes, allowing for more than 99% recyclability. Marcel Tuyn, Technical Sales Manager at Flint Group, said, “Working with Optimum Group’s Wellen team has been a fantastic experience, and we’re delighted that they have achieved success thanks to our Evolution Deinking Primer.
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Mondi completes €95 million investment to boost efficiency and sustainability at Świecie containerboard mill

Mondi has recently completed a €95 million investment at its Świecie containerboard mill, which will increase kraftliner capacity by 55,000 tonnes. The upgrade comprises an extensive rebuild of paper machines PM2 and PM5, a new anaerobic treatment plant including an integrated cooling system, and upgrades to the pulp mill, the recycled fibre line and the energy recovery system. These improvements will allow the mill to meet growing customer demand for heavy-duty packaging for large and heavy products, enhance product quality, and bolster its environmental performance by decreasing water consumption and wastewater emissions and increasing energy efficiency. Since the project’s completion in June, Mondi Świecie has also expanded its ProVantage SmartKraft Brown portfolio with a broader range of grammage options.
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Sappi Europe joins Intergraf as an associate member strengthening industry collaboration and innovation

Sappi Europe recently announced that it has now joined Intergraf’s group of 22 national member associations and 15 associate members across 25 countries, which will further its role in promoting the European print industry. In the evolving print industry, Sappi strongly believes in the role of print for the next generation of readers, and for brands. People are hardwired to hold print—72% of people prefer printed material versus a digital version. It is viewed as 200% more intimate—people feel more valued when receiving printed mail over e-mail, and twice as likely to feel positive toward the sender. The return on investment speaks volumes—60% of people look up a brand online after receiving printed materials. With declining print volumes, Sappi acknowledges that the paper industry must provide value beyond the product by aligning with projects and organisations that further the unique strengths of the European printing industry.
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Lee Enterprises Recognizes Racine Union

Lee Enterprises has recognized the Racine NewsGuild as part of the Kenosha Newspaper Guild bargaining unit. This comes less than three weeks after the the Racine (Wisconsin) Journal Times newsroom announced plans to unionize. “We applaud Lee for the voluntary recognition agreement and hope it serves as a model to other newspaper employers dealing with new unions,” the union states. According to the union, four newsroom employees were laid off two days after the Racine NewsGuild went public.
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International Paper Announces Overwhelming Shareholder Approval in Connection with the Proposed Acquisition of DS Smith

International Paper is pleased to announce that it received the necessary shareholder approval for its pending acquisition of DS Smith. Earlier this week, DS Smith also received the necessary shareholder approval for the Combination. International Paper will report the final vote results of the special shareholder meeting in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the "SEC"). International Paper and DS Smith continue to expect the Combination to close late in the fourth quarter of 2024, subject to regulatory clearance and other customary closing conditions. "The overwhelming approval from both DS Smith and IP shareholders confirms the strong support of this combination," said Andy Silvernail, Chairman and CEO of International Paper. "Bringing the two companies together will create a true global leader of sustainable packaging solutions which will drive significant value for our employees, customers and shareholders."
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Ahlstrom has signed an agreement to divest Aspa pulp mill in Sweden to Sweden Timber

Ahlstrom has signed an agreement to divest its Aspa pulp mill in Sweden to Sweden Timber. The agreement includes the pulp mill and all its operations. This is a key step in Ahlstrom's growth transformation journey, reinforcing the company’s strategic commitment to sustainable specialty materials. Aspa pulp mill produces bleached and unbleached softwood pulp that is used in a broad range of applications in paper and sold globally. It has an annual capacity of approximately 200,000 tonnes and 174 employees. Several external parties have expressed interest in acquiring the Aspa plant throughout the years. For Ahlstrom, it was important to find an owner who has an interest in further developing the mill and ensuring its long-term success. Sweden Timber is a Swedish wood processing company with assets also in papermaking and wood composites.
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Wiley’s FY24 Environmental, Social, Governance (ESG) Report Highlights its Progress Towards a Sustainable Future Through Knowledge

Key highlights include: *Carbon Net-Zero by 2040: In FY24, Wiley’s net-zero strategy, based on targets validated by the Science-Based Targets initiative (SBTi), made solid progress through real estate optimization, energy efficiency upgrades, and supply chain engagement. *UN SDG Impact with Nearly 60,000 Published Articles: In 2023, Wiley published close to 60,000 articles aligned with the United Nations Sustainable Development Goals (SDGs), amplifying its impact on global challenges like quality education, reduced inequalities, and climate action. *Employee Engagement in ESG Initiatives: Wiley employees have contributed to ESG activities, with robust support from the company’s Employee Resource Groups (ERGs) and ESG working groups. *Leadership in Open Access: Authors continue to choose to publish their work in Wiley’s wide array of open access publishing options, ensuring broader exposure to scientific knowledge and supporting the company’s vision to share knowledge widely and inclusively. *Integrity in Publishing with AI Tools: The organization continues to embrace advancements in publishing technology by incorporating AI-driven tools to enhance research integrity.
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How the Cookieless Shift Reshapes the Advertising Industry

The advertising industry is being reshaped by a convergence of necessity, curiosity and opportunity, driven by consumer expectations for more privacy and advancements in technology. A new generation of performance advertising is emerging. Currently, 86% of users state that privacy is a high priority, and this number continues to grow. Mozilla and Apple have already responded to this demand by blocking third-party cookies completely, and now Chrome—the browser with the highest market share—is poised to dramatically increase the fraction of users who won’t allow third-party cookies to be set. This growing demand for privacy, combined with customer expectations for personalized interactions presents a challenge and opportunity for brands, requiring innovative solutions and a shift in thinking.
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An Ad Campaign that Uses Color Literally and Metaphorically

Pomegranate Inc., a brand known for its vibrant hand-block print home textiles, wanted to bring a cohesive and unified brand message to all its marketing channels. They needed a way to integrate their storytelling and aesthetic seamlessly across print, email, social media, and web platforms, making sure they resonated with their audience no matter the season. The forks are set at left, the knives at right. The tablecloth blooms with vibrant splendor, and the matching napkins are folded just so. It’s a feast for the eyes, even before the food comes out. But the most picture-perfect moments, the most memorable and colorful moments, are when the chairs are untucked.
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HMH’s 2024 Educator Confidence Report Traces a Decade of Educator Confidence and Attitudes Toward Technology

Adaptive learning company HMH today released the results of its 2024 Educator Confidence Report, marking a decade of this annual report that amplifies the voices of our nation’s educators and highlights the evolving challenges and opportunities in education. The report, based on responses from over 1,200 educators—including teachers and administrators—delves into critical K-12 issues, including mental health, compensation concerns, and the growing role of digital technologies, including generative AI, in transforming classrooms. Over the past 10 years, educators have remained resilient, committed to improving education, and open to adopting new technologies. However, many still feel negatively about the profession. In recent years, the mental health challenges that both students and teachers face have received greater attention, and our report findings underscore how pressing these issues continue to be for educators.
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Tredegar Surface Protection Launches Innovative Obsidian Automotive Protective Films

Tredegar Surface Protection, a subsidiary of Tredegar Corporation (NYSE:TG) and a leader in high-quality masking films, is excited to announce the launch of Obsidian Automotive Protective Films. Designed to meet the evolving needs of the automotive industry, these innovative films offer unparalleled performance and protection. The Obsidian line includes a range of protective films tailored for various applications: AUTOMOTIVE INTERIOR: Automotive Displays; Augmented Reality Films – Optical film for AR use inside the HUD device; Automotive Glass and plastic cover – 2D/ 3D dashboard, center console and rear seat entertainment; Anti-glare, Anti-reflection, and Anti-fingerprint – Surface coating protection. AUTOMOTIVE EXTERIOR: Automotive Glass - Windshield for AR HUD; Automotive Camera - Surface Protection on camera; Automotive Plastic Sheeting – Body and specific components.
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Novolex Unveils TamperFlag Containers that Keep Food Secure and Give Consumers Peace of Mind

Novolex®, an industry leader in packaging choice, innovation and sustainability, is introducing new clear containers that keep food fresh and secure while giving consumers peace of mind. The new TamperFlagTM rigid containers, made by Novolex brand Waddington® NorthAmerica (WNA), feature a tamper-evident “flag” that pops up and stays raised once opened. The feature alerts consumers that the container has been unsealed. “Our new TamperFlag containers deliver a fresh solution to safeguarding food and reassuring consumers about the security of a product,” said Sachin Shah, Senior Vice President and General Manager of Waddington North America. “This is yet another groundbreaking innovation that truly makes a difference for our customers —something we strive for every day at Novolex.” The TamperFlag is activated automatically in a single step when the hinge container lid is closed, creating an efficient packing process. When opened, the TamperFlag pops up and is visible to consumers, ensuring they can see if the container has been opened or tampered with. The containers can also be made with post-consumer recycled content, supporting the sustainabilty goals of Novolex customers.
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Georgia-Pacific Cuts the Ribbon on New $425 Million Dixie® Tableware Facility in Jackson, Tennessee

Georgia-Pacific today officially opened its new Dixie® tableware manufacturing site in Jackson, Tennessee. Initially announced in September 2022, the approximately $425 million facility is Georgia-Pacific's first new Dixie® greenfield plant build since the Bowling Green, Kentucky, facility opened in 1991. The plant will produce Dixie® and Dixie Ultra® products for retail and away from home customers – including plates, bowls, platters, and deep dishes. The Jackson plant will significantly increase the supply of disposable tableware products in the marketplace. Site clearing started in November 2022, with full construction beginning in 2023. Production officially began at the facility in June 2024.
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Miru Smart Technologies and Mativ Collaborate to Develop Innovative Electrochromic Window Technology

Mativ and Miru have announced a joint development agreement to commercialize a novel lamination interlayer for dynamic electrochromic windows (“eWindows”). This partnership will bring together technologies to simplify the manufacturing process and lower the cost of producing eWindows for glass fabricators and automakers worldwide. Smart window technology with on-demand tinting controls is revolutionizing the automotive industry by enhancing vehicle climate management and driver comfort. Miru’s eWindow technology is the only offering that meets growing consumer and regulatory demands for curved, neutral-color, low-haze, and energy-efficient glass. By dynamically adjusting tint levels, eWindows improve solar energy performance, reducing the need for air conditioning and heating within vehicles, and extending electric vehicle range substantially.
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Costco Wholesale Corporation Reports September Sales Results

Costco Wholesale Corporation reported net sales of $24.62 billion for the retail month of September, the five weeks ended October 6, 2024, an increase of 9.0 percent from $22.59 billion last year. This year's total and comparable sales for the retail month of September benefitted by approximately two percent in the U.S. and one and one-half percent worldwide as a result of the increased sales in the final week of the month due to abnormal consumer activity associated with Hurricane Helene and port strikes.
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Advertisers Saved $10.8B In 2023 Based On Industry-Wide Anti-Fraud Efforts (mediapost.com)

For the first time, a joint study spearheaded by Trustworthy Accountability Group (TAG) measured the entire digital advertising ad spend to estimate the fraud rate for invalid traffic (IVT). The joint study -- brought together by TAG with American Association of Advertising Agencies (4As), Association of National Advertisers (ANA), and Interactive Advertising Bureau (IAB) -- determined that by working together the digital advertising industry collectively saved an estimated $10.8 billion in 2023, dramatically reducing fraud related to IVT in U.S. display and video ad channels by 92%.
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Aptar Pharma Acquires Device Technology Assets of SipNose

Aptar Pharma announces that it has acquired all device technology assets from the proprietary portfolio of SipNose Nasal Delivery Systems, a company focused on intranasal delivery platforms for local, systemic and central nervous system indications. SipNose offers a variety of devices that are designed and adapted to fit a wide range of therapies and offer the opportunity to precisely target areas of the nasal cavity to enable enhanced systemic, local or even direct-to-brain delivery. SipNose’s expanded innovative delivery systems, which include liquid and dry powder intranasal delivery, will further strengthen Aptar Pharma’s nose-to-brain pathway expertise and fuel additional development and new scientific research.
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Pregis Deepens Commitment to Giving Back by Expanding Inspyre Product Line

Through its Pregis Inspyre™ product line, the company has taken steps to make a difference in communities worldwide. As a proud brand member of 1% for the Planet, 1% of the Inspyre product line sales are donated to the Uzima Clean Water Mission, a nonprofit organization working to bring clean drinking water to communities vulnerable to waterborne illnesses. Access to clean water is a critical global issue, and Pregis is committed to supporting Uzima’s mission to improve health and quality of life for those in need. “We believe that businesses should be a force for good. Through our Pregis Inspyre purpose-driven product offering, we are empowering customers to make product choices that create benefit to their operation and fuel meaningful change,” said Daché Davidson, CMO of Pregis. “Our partnership with Uzima helps ensure that communities around the world have access to clean water, a basic human right that so many still lack. This is just one way we’re extending our purpose to ‘inspyre’ positive change for people and the planet.”
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UPM Specialty Papers to display new co-created recyclable packaging solutions at PACK EXPO International 2024

Visitors will be able to explore an innovative portfolio of fibre-based, recyclable packaging papers that help customers and brand owners bring power to their purpose. These include a number of new and exciting solutions co-created with customers and expert partners from across the packaging value network. Demand for sustainable packaging continues to experience rapid growth. These co-creation projects are leading to recyclable, fibre-based breakthroughs that support packaging sustainability goals of brands and packaging converters.
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USPS Announces Recommended Mailing and Shipping Dates for 2024 Holiday Season

The following are recommended send-by dates for expected delivery before Dec. 25. 2024 Holiday Mailing and Shipping Dates for Items Sent to Addresses in the Contiguous United States (Lower 48 States): USPS Ground Advantage service: Dec. 18; First-Class Mail service: Dec. 18; Priority Mail service: Dec. 19; Priority Mail Express service: Dec. 21. 2024 Holiday Mailing and Shipping Dates for Items Sent to Addresses in Alaska and Hawaii: USPS Ground Advantage service: Dec. 16; First-Class Mail service: Dec. 18; Priority Mail service: Dec. 19; Priority Mail Express service: Dec. 20
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Adobe Introduces Adobe Content Authenticity Web App to Champion Creator Protection and Attribution

Adobe announced a new free web app, Adobe Content Authenticity, designed to help creators protect and receive attribution for their work with Content Credentials. Content Credentials are like a “nutrition label” for digital content, serving as secure metadata that anyone can attach to their work to share information about themselves and provide context about how their content was created and edited. Since founding the Content Authenticity Initiative in 2019, Adobe has championed the widespread adoption of Content Credentials as the industry standard for transparency in digital content, now supported by over 3,700 members. As concerns over misinformation and AI-generated deepfakes have grown, Content Credentials have become a valuable tool for publishers, allowing them to provide key information about digital content to helps consumers assess its trustworthiness. Now with the web app, Adobe is unlocking the full potential of Content Credentials, helping creators protect their work from misuse or misrepresentation and build a more trustworthy and transparent digital ecosystem for everyone.
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Octopus-inspired adhesive works well in wet conditions

In research published in Advanced Science, investigators drew inspiration from the octopus to develop an adhesive that achieves strong attachment and controlled release on varied substrates in wet and underwater environments. The feat could have numerous applications in fields ranging from healthcare and underwater robotics to infrastructure repair. By studying the octopus’s suckers—specifically, the exposed disc-like portion called the infundibulum—the researchers designed an elastic, curved stalk with a membrane that can change its shape and adhere to multiple surfaces. Underwater, the octopus-inspired adhesive strongly attached to complex objects from lightweight shells to large rocks and soft gel beads with different roughness, curvature, and hardness. The adhesive could be rapidly attached to these objects over many cycles and over long times and then be quickly released on demand.
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AAP July 2024 StatShot Report: Overall Publishing Industry Up 18.1% for Month of July, and Up 7.6% Year-To-Date

Total revenues across all categories for July 2024 were up 18.1% as compared to July 2023, coming in at $1.3 billion. Year-to-date revenues were up 7.6%, at $7.6 billion for the first seven months of the year. In terms of physical paper format revenues during the month of July, in the Trade (Consumer Books) category, Hardback revenues were up 25.5%, coming in at $221.4 million; Paperbacks were up 17.9%, with $271.4 million in revenue; Mass Market was down 14.0% to $11.2 million; and Special Bindings were up 13.8%, with $19.4 million in revenue.
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Meta Brings New GenAI Tools To Targeted Video Ads (mediapost.com)

For Advertising Week New York, Meta has introduced generative AI ad tools designed to help advertisers capitalize on changing user behavior across Facebook and Instagram; according to the tech giant, 60% of users' time on both platforms are now spent watching videos. Due to “advertiser demand” and promising adoption of the company’s recent Image Expansion tool, Meta is unveiling a Video Expansion feature, which will automatically let advertisers adjust video creative assets by “generating unseen pixels in each video frame to expand the aspect ratio.”
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Novolex Debuts Power Prep Bags and Rolls for Grab-n-Go Hot Sandwiches and Other Fare

Novolex® is launching Power Prep™ bags and rolls for grab-and-go hot sandwiches and other premium to-go fare. Manufactured by Bagcraft®, a Novolex brand, the new multilayered bags and rolls keep foods at the height of flavor as they are wrapped, frozen, thawed, reheated and held under heat at the point of sale. The bags ensure customers can savor delicious hot sandwiches, bagels and other fare that were prepared, wrapped and frozen at another location. Designed for convenience stores, supermarkets and other foodservice operators, Power Prep bags and rolls help satisfy America's growing hunger for top-quality prepared food to-go. They join Power Prep wraps, introduced in 2023, as the latest innovation from Bagcraft to provide packaging choices for grab-and-go foods.
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Stora Enso opens Dry Forming Production Unit in Skene, Sweden

The facility is the largest and most advanced of its kind, marking a significant milestone in sustainable packaging technology. Production is set to begin in Q4 2024 after successful large-scale testing. The Skene production unit utilizes an innovative dry forming process to produce high-performance formed fiber products, such as cup lids, designed to replace traditional plastics in food and beverage packaging. Unlike conventional wet forming, the dry process reduces water and energy consumption significantly, thus offering an even more sustainable manufacturing method for fibre-based packaging. Additionally, any excess material is recaptured and reused, ensuring a circular process with minimal waste.
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KnowledgeWorks Global Ltd. (KGL), a CJK Group Company, Acquires Accucoms International, B.V.

CJK Group, Inc. is pleased to announce that it has acquired Accucoms, the leading provider of sales and marketing services to academic and professional publishers, and integrated it with its comprehensive content solutions subsidiary, KnowledgeWorks Global Ltd. (KGL). Based in the Netherlands with teams operating in the UK, Europe, North America, Latin America, Middle East and North Africa, Turkey, India, China, South Korea and Southeast Asia, Accucoms specializes in global representation, tele-sales, training, and business intelligence services for clients ranging from large publishing houses to specialist society publishers. With a strong presence in key markets, Accucoms connects publishers with libraries and other information users to help expand their reach and impact.
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The Gilman Brothers Company Renews SGP Gold Patron Status

The Sustainable Green Printing Partnership (SGP) is pleased to announce that The Gilman Brothers Company, a leading manufacturer of foamboard products for signage and displays, has renewed its status as a Gold Patron. This renewal reflects the company’s continued dedication to sustainability and its leadership in integrating eco-friendly solutions within the printing and display industries. “We are excited to have The Gilman Brothers Company renew their commitment as a Gold Patron,” said Theresa Vanna, SGP Board Chair. “Their focus on environmental responsibility and their innovative approach to sustainability in materials manufacturing sets an example in the industry. We value their ongoing support and look forward to continuing our partnership to drive positive change.”
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Mondi to acquire Western Europe Packaging Assets of Schumacher Packaging

Mondi plc announces that it has entered into an agreement to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher Packaging1(“the Acquisition”). This Acquisition will expand Mondi’s corrugated footprint in Western Europe and add complementary fibre-based products, focused on eCommerce and FMCG, to enhance its existing customer offering. The Acquisition comprises seven corrugated converting plants, two solid board mills and four solid board converting plants. These operations complement Mondi’s existing network of corrugated plants across Central and Eastern Europe, adding over 1 billion square meters of capacity when fully operational. Among the acquired sites are two state-of-the-art mega-box plants in Germany, located at Ebersdorf and Greven, which have best-in-class production speed and operational efficiency as well as a highly skilled workforce with a culture aligned with Mondi’s.
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How Can Businesses Help Consumers Unravel the Myths Surrounding Recycling Practices

Despite being a common practice for decades, misconceptions about recycling – such as the belief that it mostly ends up in landfills, doesn’t make a difference, uses more energy than it saves, and is economically unviable – persist among consumers. To combat these myths, businesses can focus on education and clarity. They can simplify recycling processes by providing clear instructions, like those offered by the How2Recycle label, and using social media to raise awareness. Collaborations, like those between McKinsey and NielsenIQ, show that environmental claims on packaging can drive consumer interest. Sustana is a proud pioneer and leader in sustainability and circularity. We’re always looking to share our sustainable vision with our customers. We think the most effective time to educate and guide consumers on the best ways to recycle our sustainable fiber-based and paper products is all the time – not just when they’re about to discard a product and trying to remember how to recycle it.
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Your opinion matters – take part in our (PEFC) Market Survey!

From the forest to the marketplace, what matters most to your business when it comes to forest certification? We are conducting a brief survey to better understand what is important to you regarding forest certification, from responsible sourcing at the forest level to reaching the end consumer. Your feedback will help us enhance our value offering and shape future services. Whether you're a retailer, brand manufacturer, supplier, PEFC-certified company, or source PEFC-certified materials, please share your thoughts! The survey takes approximately 12 minutes to complete and is divided into three sections: Sustainability issues; Certification performance; Training needs and other areas. Take part in the survey at: https://www.surveymonkey.com/r/PEFCmarketSurvey2024
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Amcor achieves EcoVadis Gold medal

Amcor's overall score increased from 70 to 73, placing the company in the 95th percentile of all companies assessed by EcoVadis. This recognition highlights Amcor's extensive work and positions the company among the top 5% of all companies evaluated. Notably, Amcor ranks in the top 1% of companies in its sector for sustainable procurement. The EcoVadis Gold medal underscores the company's commitment to implementing impactful initiatives and achieving measurable progress throughout the year. David Clark, chief sustainability officer at Amcor, said, "We understand that our customers seek partners who not only share their values and support their strategic goals but also consistently demonstrate the highest standards. We are thrilled that EcoVadis has recognized Amcor's with a Gold medal. It serves as a testament to our dedication and the tangible progress we've made in our journey."
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Shapiro Administration Invests Half a Million Dollars in Flexopack USA to Build Company’s First American Manufacturing Facility in Lebanon County

Governor Josh Shapiro announced a significant investment of $500,000 from the Commonwealth to support Flexopack USA Inc. in establishing its first American manufacturing facility in Pennsylvania. This project will inject $33 million into the local economy and create at least 64 new, full-time jobs in Lebanon County. Based in Greece, Flexopack USA will construct a 107,000-square-foot, rail-served facility at 3010 Hanford Drive in North Lebanon Township, the first phase of a three-phase project. This initiative will expand the company’s packaging product manufacturing footprint into the United States, including its role as the primary packaging supplier for Pennsylvania-based poultry company Bell & Evans. "Pennsylvania is the best place in the country for businesses to grow, and I’m proud that Flexopack saw that when choosing the Commonwealth for its first U.S. manufacturing facility,” said Governor Shapiro. “I’m highly competitive, and I’m thrilled that our strong manufacturing and agriculture sectors helped us secure this project over Texas. We’re committed to making meaningful investments in our private sector to position Pennsylvania as an economic leader, create jobs, and bring manufacturing back to the United States.”
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An innovative cartonboard solution promotes the circular future of perfume packaging

Stora Enso's innovative cartonboard solutions are transforming the packaging landscape and helping our customers reduce plastics in their products. Hinojosa Packaging Galería Gráfica sought cartonboard that would mirror their customer’s sophisticated perfume with elevated and extraordinary packaging. By choosing Performa Brilliance™ as the packaging material, Hinojosa Packaging Galería Gráfica was able to create an elegant packaging solution perfectly fit for the product. As a testament to this successful collaboration, Stora Enso and Hinojosa Packaging Galería Gráfica were awarded Carton of the Year at the 2024 European Carton Excellence Awards. The European Carton Excellence Awards winner, the Origen Flor Natural cardboard case exemplifies sophisticated design by seamlessly blending elegant die-cutting with unmatched functionality -combining some of the innovative aspects that Stora Enso boards can offer. With Stora Enso material that is designed for high-end packaging applications, each carefully crafted detail enhances the unique consumer experience, reflecting the impeccable quality of the packaging.
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Sun Chemical Issues New Sustainability Report

The latest sustainability report shows Sun Chemical’s progress toward its goals of reducing greenhouse gas emissions by 50 percent by 2030, with 2013 as a baseline, and becoming net carbon neutral by 2050. Sun Chemical approaches its three business pillars of operations, products and services, and collaborations using the ‘five Rs’ framework – Reuse, Reduce, Renew, Recycle, and Redesign – to guide its sustainable initiatives and products in an effort to achieve a circular economy. “As the industry’s spotlight on sustainability grows brighter, brand owners and converters need supplier partners who can help them adhere to regulations and meet their goals,” said Michael Simoni, Director, Global Sustainability, Sun Chemical. “We are proud to announce that Sun Chemical is 86 percent of the way to meeting its own 2030 target to cut carbon emissions in half. Our ‘five Rs’ framework has focused our strategic efforts on reducing waste and improving efficiency, recyclability, and compostability while maintaining the highest standards of performance to best serve our customers.”
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Lecta reaffirms its commitment to the publishing world at the 2024 Frankfurt Book Fair

With the slogan "Paper as a Sustainable Story", we will present our range of premium coated and uncoated papers especially designed for the publishing industry. Since this year Italy is the event's guest of honor, Lecta will showcase the excellence of the products it manufactures at its Cartiere del Garda mill, a cornerstone of the company's complete offering for the publishing sector. Lecta's Garda brand coated papers are renowned for their high quality, special technical characteristics, and optimum results in Lecta's long history of working with publishers worldwide. For this special edition, Lecta has also put together a program packed with activities celebrating experience, art and partnership.
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Postal Service Files Request for PRC Advisory Opinion on Operational Improvements and Corresponding Refinements Within the Current Service Standards

The United States Postal Service announced it has filed plans with the Postal Regulatory Commission (PRC) to improve mail processing and transportation and explained how these improvements will align with proposed refinements within its existing service standards for Mail and Package Products. Last month, the Postal Service held a virtual conference about the proposed changes where it solicited feedback from its stakeholders, including the mailing and shipping community and members of the public, to consider their input and ensure the utmost transparency throughout the process and comply with the applicable regulatory processes. Comments received during the virtual conference have been considered and the Postal Service has now filed its formal request asking for an advisory opinion from the PRC. After receiving an advisory opinion from the PRC, the Postal Service will consider the Commission’s opinion and finalize its decision.
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MM Group has successfully passed ISO 27001 certification

MM Group is proud to announce that it has successfully achieved recertification for the ISO27001 information security standard. This certification is a testament to the company’s commitment to maintaining the highest level of information security and protecting the confidentiality, integrity, and availability of its clients’ data. ISO27001 is an internationally recognized standard that provides a framework for establishing, implementing, maintaining, and continually improving an information security management system (ISMS). The standard requires organizations to identify and assess information security risks, implement appropriate controls to mitigate those risks, and regularly review and improve their ISMS.
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Holmen’s Mill In Iggesund Cutting CO2 Emissions Through Collaboration And Steady Improvements

Holmen’s operations already benefit the climate today through forest carbon uptake in growing forests, products that can replace fossil-based products and generating renewable energy from water and wind. Despite this, the work continues to minimise the very low fossil emissions that remain at Holmen’s mill in Iggesund. Holmen’s mill in Iggesund, Sweden, places great emphasis on sustainability and reducing its climate impact. Over the years, it has delivered on this through steady improvements. Last year alone, the mill reduced its direct fossil CO2 emissions (from 2022 to 2023) by almost 25 per cent – and this was achieved without any major investments.
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UPM Raflatac Helps Enhance Packaging Recyclability with New Labels Guide E-Book

UPM Raflatac is pleased to announce the launch of its new Packaging Recyclability Guide, designed to help fast-moving consumer goods (FMCG) stakeholders across the packaging value chain navigate the complexities of packaging design and recyclability. The new guide, which is available as a free e-book on the company’s website here or as a downloadable pdf here, offers practical information on the guidelines, definitions and criteria to help make informed label choices that will enhance recyclability. With the emergence of the EU’s new Packaging and Packaging Waste Regulation (PPWR) and the focus on packaging circularity at this present time, mastering the intricacies of packaging sustainability and fortifying packaging solutions for the future has never been more essential. Although many companies have already made voluntary commitments to targets, such as using 100% recyclable, reusable, or compostable packaging, deciding the best way to achieve these goals can be challenging.
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US port workers and operators reach deal to end East Coast strike immediately (reuters.com)

U.S. dock workers and port operators reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on the U.S. East Coast and Gulf Coast, the two sides said Thursday. The tentative agreement is for a wage hike of around 62% over six years, two sources familiar with the matter told Reuters, including a worker on the picket line who heard the announcement. That would raise average wages to about $63 an hour from $39 an hour over the life of the contract. The deal ends the biggest work stoppage of its kind in nearly half a century, which blocked unloading of container ships from Maine to Texas and threatened shortages of everything from bananas to auto parts, triggering a backlog of anchored ships outside major ports.
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Update on Sealed Air Operations Following Hurricane Helene

Hurricane Helene has made a significant impact in the Southeastern United States, including in the Carolinas where we have several operations. Our facilities in the area did not sustain major damage and are still able to ship product. While we are restoring full operations, we will be temporarily shifting some orders to other sites in our network to ensure we continue to meet your needs. Depending on your location, some customers might experience delivery delays. Trucks will have to take alternate routes as two major interstates in the area are closed due to significant flooding and resulting landslides.
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Google Expands AI Ads, Visual, Audio Search

AI advancements have expanded the ability to get visual. Google claims people who use AI Overviews also use Search more, with better results. Products like Lens, which launched in 2017, help people search for what they see with their camera. Google’s rollout of AI-powered updates for search results and links was announced Thursday, along with AI Overviews ads on mobile in the U.S. and redesigned Shopping Ads to run along with Google Lens visual search results. The company said Lens also will now work with video and voice. Ads that serve within AI Overviews are search and shopping ads from existing campaigns.
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PRC Commissioners Appointed to a Second Term

President Joseph Biden reappointed Ann C. Fisher and Ashley E. Poling as Commissioners of the Postal Regulatory Commission for new terms that expire on October 14, 2030, and November 22, 2030, respectively. The United States Senate unanimously confirmed both Commissioners on September 25, 2024. The appointments of Commissioner Fisher and Commissioner Poling come at a critical time in the history of the postal industry as the Commission continues to examine the Postal Service’s Delivering for America plan and its effects on service performance nationwide; and conduct its early review of the system for regulating Market Dominant rates.
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In Arkansas, Book Banners Dealt Another Legal Setback

In yet another major win for freedom to read advocates, a federal judge has ordered the Crawford County Public Library in Arkansas to stop segregating books deemed inappropriate by some local residents into special “social sections,” and to return the books to general circulation. In his September 30 opinion and order, U.S. district court judge P.K. Holmes III held that “it is indisputable” that the creation and maintenance of the library’s so-called social sections “was motivated in substantial part by a desire to impede users’ access to books containing viewpoints that are unpopular or controversial in Crawford County.” In a preliminary injunction, Holmes ordered county officials to dismantle the sections and return the books to general circulation, as well as to refrain from “coercing” library staff to censor books.
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FSC Response to EU Commission’s Proposal to Postpone EUDR

“We welcome ongoing developments in forestry legislation and sustainability initiatives worldwide, and we strongly believe that mandatory and voluntary actions must work hand-in-hand to achieve meaningful sustainability outcomes,” said Matteo Mascolo, FSC's Lead for EU Affairs & Engagement. FSC fully supports the creation of deforestation-free markets and continues to underline the urgency of swift action to prevent deforestation. FSC was one of 170 NGOs co-signing a letter of urgency for the timely implementation of the Regulation.
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TC Transcontinental’s Near-Term Emissions Targets Approved by the Science Based Targets initiative

Transcontinental inc. announces an important milestone in its sustainability journey. The Science Based Targets initiative (SBTi) has approved TC Transcontinental’s near-term science-based emissions reduction targets. From now on, these targets will serve as TC Transcontinental’s primary measurement of progress on its sustainability objectives, including energy efficiency, clean energy procurement, and the commercialization of sustainable packaging solutions such as recycle-ready packaging solutions as well as the integration of post-consumer resin (PCR) into packaging products. “We are now in a better position to support our customers on their own sustainability journeys, and better suited to focus our actions on what matters the most to fight climate change,” said Alex Hayden, Senior Vice President, R&D, Sustainability and ESG, TC Transcontinental. “As an industry leader in Packaging, Retail Services and Printing, we know our stakeholders expect us to mitigate climate risks while capitalizing on growth opportunities. We believe this new commitment is fully in line with those expectations.”
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Huhtamaki appoints Wilhelm Wolff as Executive Vice President, Strategy and Business Development

Wilhelm Wolff (46), MSc, has been appointed as Executive Vice President, Strategy and Business Development and a member of Global Executive Team at Huhtamaki as of January 13, 2025. He will report to President and CEO Charles Héaulmé and will be based in Espoo, Finland. Wilhelm joins Huhtamaki from Neste where he served as the Vice President, Feedstock & Asset Development. Neste is a leading producer of sustainable aviation fuel, renewable diesel and renewable feedstock solutions, headquartered in Finland. Before his current role, he served as Vice President, Corporate Strategy. Prior to joining Neste, he had a long career at UPM-Kymmene, a global forest industry company, where he worked in various leadership roles including Vice President, Strategy & Business development, UPM Biorefining.
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Pregis Expands Curbside-Recyclable Paper Packaging Solutions

Pregis® expands its EasyPack® on-demand paper systems portfolio with three curbside-recyclable solutions that will be featured at Pack Expo 2024. These additions strengthen the comprehensive Pregis paper systems portfolio, which supports a wide range of in-the-box applications such as block and brace, cushioning, void fill, and wrapping. The company’s continued investment in paper-based solutions reinforces a commitment to sustainability by offering versatile systems designed for a wide range of applications. The on-demand Paper portfolio includes FSC® certified options, ensuring packaging is sourced in a socially and environmentally responsible manner. Each system is engineered to enhance packer productivity with safe, ergonomic designs that require minimal training. EasyPack Quantum Pro Void-Fill System: Launched in early 2024, the Quantum Pro enhances the proven Quantum platform with bladeless auto-tear technology and increased throughput, ideal for high-volume environments. It maintains the trusted performance, safety, reliability, and ease of use that customers expect. EasyPack Bantam Void-Fill System: Engineered for simplicity and efficiency, Bantam optimizes the packaging process with a streamlined design and a precise paper-cutting mechanism. The adjustable head allows quick reorientation and effortless loading, ensuring seamless in-the-box fulfillment. EasyPack GeoTerra Auto Dispenser: Building on the success of the manual GeoTerra dispenser, the new automatic model delivers a faster, more efficient solution tailored for high-volume operations. GeoTerra wrappable paper offers light cushioning and interleaving protection, while its aesthetic design enhances the unboxing experience.
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Stora Enso prepares to sell parts of its forest assets in Sweden

Stora Enso is preparing to sell approximately 12% of its total forest assets of 1.4 million hectares in Sweden. Stora Enso has therefore initiated steps to implement a new legal structure for its Swedish forest assets to facilitate the potential sale. A potential transaction would be subject to agreeing terms and conditions with investors, including a long-term wood supply and forest management agreement. A sale would reduce debt and further strengthen Stora Enso’s balance sheet, confirming the financial value of the Company’s forest holdings.
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Clearwater Provides an Update of Impact on Operations From Hurricane Helene

Clearwater Paper Corporation announced that it temporarily suspended operations at its Augusta, Georgia paperboard facility and its Shelby, North Carolina tissue facility due to the impacts from Hurricane Helene. There was no serious damage to equipment and both facilities are resuming operations. “As we deal with the aftermath of this powerful storm, our top priorities remain the safety of our people and ramping up our operations to service our customers,” said Arsen Kitch, president and chief executive officer. “We are deeply grateful to our Augusta and Shelby teams for their tremendous efforts to safely resume production and minimize the impact on our business while personally dealing with the effects of the storm.”
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AF&PA Commends EU Decision to Extend Deforestation Regulation Deadline to December 2025

The American Forest & Paper Association President and CEO Heidi Brock released the following statement regarding the European Union’s Commission decision to extend the EU Deforestation Regulation implementation deadline to December 2025. “We appreciate the EU Commission for being responsive to U.S. government officials and the numerous partners across the globe who have voiced concerns about the complex requirements and significant technical barriers of EUDR. Today’s additional guidance and extension of the implementation deadline provides industries like ours with more time to engage on workable solutions that avoid trade disruptions. “AF&PA fully supports the EUDR goal of deforestation-free supply chains. The U.S. pulp and paper industry is not linked to global deforestation and forest degradation." "We believe in balanced and achievable regulations, and are a strong proponent of international efforts to address deforestation and forest degradation. As such we welcome the Commission's commitment to a stronger cooperation framework."
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Mondi co-founds milestone alliance for the circularity of paper bags in the construction industry

Mondi has co-founded an alliance to improve the circularity of used paper bags in the construction industry. The Spain-based alliance, called Paper Sacks Go Circular Spain comprises of 12 European companies from the full value chain including Mondi. In Spain, construction waste accounts for more than 30% of the total waste generated, with a recovery rate of only 48% according to the latest report from the Spanish National Statistics Institute (INE). Paper Sacks Go Circular Spain is an alliance of companies that share a common interest in closing the loop and building a circular economy for paper bags in Spain. Starting with paper bags for construction materials, the coalition will look for synergies with other construction and demolition waste streams to increase volumes and achieve economies of scale.
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Outlier by Savvas Wins Tech & Learning’s 2024 Best Tools for Back to School Award

Savvas Learning Company, a next-generation K-12 learning solutions leader, is proud to announce that Outlier by Savvas, its innovative online dual-enrollment course offerings, has received Tech & Learning’s 2024 Best Tools for Back to School Award. The annual Best Tools for Back to School award program recognizes outstanding technology that helps schools solve real challenges with solutions offering ease of use, versatility, and value to support effective teaching and learning. Tech & Learning selected Outlier by Savvas as a winner in the secondary education category for outstanding technology that supports educators heading back to school. Outlier by Savvas provides online, asynchronous dual-enrollment courses that enable students to simultaneously earn high school as well as real transferable college credits from the University of Pittsburgh, a top 50 university. A flexible, digital solution that is easy for educators to implement, Outlier meets the needs of school district leaders across the country who are looking to bring high-quality college courses to their high school environments.
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2024 Innovator of the Year: High-Quality and Accuracy Drive Growth at PCI Group

When you work in a segment of the printing industry that is “one document away from a major disaster” every single day, it’s imperative that quality and accuracy remain a primary focus. Chris Kropac Jr., president of PCI Group based in Fort Mill, South Carolina, points to this as a driving factor behind the transactional mail printing company’s dedication to a “culture of quality” and, ultimately, to its continued growth. Even though PCI Group was named a “2024 Innovator of the Year,” Kropac says innovation in the transactional printing space “sounds like an oxymoron.” And yet, through very intentional and “innovative” practices, PCI Group has been able to set itself apart from competitors by growing its volume by five times and its revenue by seven times in the past 17 years.
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Cougar® Paper: One of the Coolest Products We (Domtar) Make

We’ve heard it a few times: Of the many products we manufacture each day, Cougar® paper is one of our employees’ favorites — and it’s a favorite of printers and designers who choose the brand for memorable projects. But did you know Cougar paper may also be one of the coolest things made in Wisconsin? From greeting cards and bestsellers to tour posters and luxury-brand marketing materials, Cougar paper is used every day to help people, artists and brands make their mark. We’ve improved the Cougar paper line over the years by adding Cougar Natural and Cougar Digital Color Copy to the assortment and adjusting its shade from green-white to blue-white to its beloved, balanced white shade. Cougar’s extensive line includes three finishes, two shades, an expanded digital offering and a vast array of sizes and weights, ensuring our customers can bring creativity to life and create a memorable story.
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AF&PA Urges Swift End to Strike Threatening U.S. Economy and Manufacturing

The American Forest & Paper Association President and CEO Heidi Brock issued the following statement regarding the recent strike of ILA workers across the U.S. East and Gulf Coast ports. “This strike will have serious consequences for the U.S. economy and the manufacturing sector, including industries like ours that rely heavily on port activity for exporting goods. Without access to ports, our member companies face tough choices, including whether to pause or shut down mills and facilities, putting high-paying jobs in rural areas at risk. “We urge the Biden Administration to work with the ILA and USMX to quickly bring an end to this strike and restore essential ports operations.”
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Dockworkers at ports from Maine to Texas go on strike, a standoff risking new shortages

Dockworkers at ports from Maine to Texas began walking picket lines early Tuesday in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks. The contract between the ports and about 45,000 members of the International Longshoremen’s Association expired at midnight, and even though progress was reported in talks on Monday, the workers went on strike. The strike affecting 36 ports is the first by the union since 1977. Workers began picketing at the Port of Philadelphia shortly after midnight, walking in a circle at a rail crossing outside the port and chanting “No work without a fair contract.”
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Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2024 Operating Results

Costco Wholesale Corporation announced its operating results for the 16-week fourth quarter and the 52-week fiscal year ended September 1, 2024. For the 16-week fourth quarter, the Company reported net sales of $78.2 billion, an increase of 1.0 percent compared to net sales of $77.4 billion in the 17-week fourth quarter of fiscal year 2023. For the 52-week fiscal year, the Company reported net sales of $249.6 billion, an increase of 5.0 percent from $237.7 billion reported in the 53-week fiscal year 2023.
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Pactiv Evergreen Inc. Completes Sale of Pine Bluff Paper Mill and Waynesville Extrusion Facility to Suzano S.A.

Pactiv Evergreen Inc. announced it has completed its previously announced sale of the Pine Bluff, Arkansas, paper mill and Waynesville, North Carolina, extrusion facility to Suzano S.A. “The closing of this transaction marks an important milestone as we focus on our core North American converting operations,” said Michael King, President and Chief Executive Officer of Pactiv Evergreen. “I want to thank the employees at Pine Bluff and Waynesville for their years of dedication and commitment to Pactiv Evergreen and to our customers. In addition to facilitating our transition to a capital light business model, we expect the transaction to improve our profitability and cash flows and strengthen our balance sheet.” The sale proceeds are $110 million,1 subject to customary adjustments for closing amounts such as working capital.
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Mactac® Engineered Tapes & Laminates announces the launch of two Macbond® industrial tape product lines

Mactac® Engineered Tapes & Laminates announces the launch of two Macbond® industrial tape product lines — Macbond® 481 Series Tapes and Macbond LS55 Series Tapes. Macbond 481 Series Tapes have a high-performance, high-strength, UL-recognized acrylic adhesive that delivers excellent shear and ultimate bond to medium or high surface energy materials. The series offers high temperature performance and layflat release liners for easy converting. Macbond 481 Tapes are available in transfer or double-sided (sheet or roll) format with a 1-mil, 3-mil or 5-mil PET carrier. Macbond LS55 Series Tapes feature a high-tack acrylic adhesive with excellent temperature resistance. The tapes are available as 2-mil or 4-mil transfer adhesives and are accompanied with a 60# PCK release liner. The Macbond LS55 Series stands out for its superior performance on low surface energy materials or other difficult-to-adhere-to substrates, including foam.
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Canfor Pulp Announces Leadership Transition

John Baird, Chairman of Canfor Pulp Products Inc. Board of Directors announced that Kevin Edgson will be leaving the role of President and Chief Executive Officer on October 31, 2024. “On behalf of the Board of Directors, I would like to thank Kevin for his significant contributions in the role of President and CEO since 2022,” said John Baird. “Kevin has worked through a number of challenges including a reduction in fibre supply in BC and fluctuating market conditions while transitioning Canfor Pulp to a smaller operational footprint. We are grateful for his leadership and appreciate his efforts to transform the company during his tenure.”
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Norske Skog Skogn launches food packaging

Norske Skog Skogn is proud to announce that the company’s major conversion project from recycled paper to pure wood fiber is now yielding concrete results. As part of this initiative, Norske Skog Skogn is launching a new packaging product made from 100% fresh wood fiber. The product is certified for direct food contact and represents an important milestone in Norske Skog Skogn’s transformation toward sustainable solutions. “The launch of this new packaging product marks a major step in our sustainability strategy and our ability to adapt to market demands,” says Håvard Busklein, Managing Director of Norske Skog Skogn. “The use of pure, Nordic spruce fiber without plastic or chemical coatings gives us a competitive advantage, especially in a market increasingly demanding safer and more environmentally friendly options for food packaging.”
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