Klabin presents sustainable corrugated board packaging at 25th Hortitec

HIGHLIGHTS *Fourth quarter net earnings (loss) attributable to International Paper of $107 million ($0.28 per diluted share) compared with $864 million ($2.20 per diluted share) in the third quarter of 2021 and $153 million ($0.39 per diluted share) in the fourth quarter of 2020. Third quarter 2021 net earnings include a net after-tax gain of $350 million ($0.89 per diluted share) on the sale of our Kwidzyn, Poland mill. Fourth quarter adjusted operating earnings* (non-GAAP) of $301 million ($0.78 per diluted share) compared with $431 million ($1.10 per diluted share) in the third quarter of 2021 and $206 million ($0.53 per diluted share) in the fourth quarter of 2020. *Full-year net earnings (loss) attributable to International Paper of $1.8 billion ($4.47 per diluted share) compared with $482 million ($1.22 per diluted share) for full-year 2020. Full-year adjusted operating earnings* (non-GAAP) of $1.3 billion ($3.20 per diluted share) compared with $848 million ($2.14 per diluted share) for full-year 2020. *Ilim equity earnings of $66 million, bringing full-year to $311 million

Smurfit Kappa Bag-in-Box introduces a new and more sustainable version of its highly regarded Vitop® tap, the new Vitop® Renew, which is made from bio-based PP resins. This innovative development now combines an approach already taken with the bag inside the box, which is manufactured of E-recycled film EVOH, containing raw materials issued from plastic chemical recycling. This means the new bags are composed of 53% recycled and renewable content. This chemical recycling is not however replacing the mechanical one. The materials which are difficult to recycle mechanically are treated by pyrolysis. This process takes a circular approach and provides a new means by which to increase plastic recycling rates, as it can be applied to a wider range of plastic waste. The crucial difference of such materials from the ones of traditional mechanical recycling is that the resins after pyrolysis have identical properties to virgin polymers, and therefore can be used for direct food contact packaging.

Graphic Packaging International earned a noteworthy number of awards at the 2020 Paperboard Packaging Council's carton competition, including the top honor, Paperboard Package of the Year, in addition to the Innovation, Sustainability and Folding Carton of the Year awards. KeelClip™ is the winner of two top accolades: Paperboard Package of the Year and the Innovation award. KeelClip is a unique paperboard design that not only replaces plastic rings, top clips and shrink wrap multipacks for cans; it also offers merchandising benefits that similar beverage packaging does not. The concept combines an efficient paperboard clip with the benefits of a stabilizing 'keel' structure to strengthen the top panel and optimize clip performance. KeelClip works with the widest range of cans and multi-count configurations and at the speeds required by large beverage operations, allowing brand owners to present a premium and sustainable image with a billboard for branding and can orientation. The award affirms the company's approach to creating innovative packaging solutions that helps brands achieve sustainability goals and meet consumer demand for packaging made from renewable materials.