Total Packaging Papers shipments were 223,400 tons, 1.6 percent lower than October 2016. Bag & Sack shipments are up 3.3 percent year-to-date, while Food Wrapping shipments are down 7.1 percent over the same period. The operating rate for October 2017 was 85.5 percent, while the year-to-date rate was 88.3 percent. Inventories were 167,800 tons, down slightly since September.
http://afandpa.org/media/news/2017/11/15/american-forest-paper-association-releases-october-2017-u.s.-packaging-papers-specialty-packaging-monthly-report
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Sonoco has been awarded several Gold- and Silver-level Achievement Awards at the Flexible Packaging Association (FPA) Annual Meeting. Sonoco’s PrimaPak® package for Perfetti Van Melle Mentos® SHARE-A-BOWL™ was awarded a Gold Award for Packaging Excellence, a Silver Award for Expanding the Use of Flexible Packaging and a Silver Award for Technical Innovation. Sonoco’s PromoPeel™ integrated label technology for flexible packaging was awarded a Silver Award for Printing and Shelf Impact. “We’re so proud of these achievements – it’s an honor to be recognized by our peers,” said Ross Bushnell, division vice president and general manager, Sonoco Global Flexibles. “As a company, we value brand and consumer insights as the engine for innovation. Each of these new technologies represents unmet needs in the marketplace, delivering added value to both customers and consumers, and that’s a powerful combination.” Click Read More below for additional information.
Sonoco has invested in a state-of-the-art, direct-to-sheet digital printing press for the production of point-of-purchase displays and other promotional packaging. The high-speed, 6-color press enables brand owners to respond quickly to a dynamic retail and shopper environment without the need for costly overruns or printing plates. Sonoco’s digital solution offers several advantages over traditional flexography/lithography, including: •Improved print quality and display strength due to a touch-free printing process •Reduced cost and lead time from the elimination of printing plates •Flexibility and short-run advantages due to the lack of price penalties for smaller quantities •Nearly unlimited customization opportunities from 100 percent digital processes •Durable, fade-resistant printing made possible by high-quality UV inks.
Q4 2023 in brief: *Net sales decreased 6% to EUR 1,033 million (EUR 1,104 million) *Comparable net sales growth at Group level was -3% and -5% in emerging markets *The impact of currency movements on the Group's net sales was EUR -44 million and EUR -5 million on EBIT. Q1-Q4 2023 in brief: *Net sales decreased 7% to EUR 4,169 million (EUR 4,479 million) *Comparable net sales growth at Group level was -2% and -4% in emerging markets *The impact of currency movements on the Group's net sales was EUR -153 million and EUR -15 million on EBIT *Capital expenditure was EUR 319 million (EUR 318 million)