International Paper Reaches Agreement to Sell Its Corrugated Packaging Business in Turkey

The scale and importance of e-commerce has been felt worldwide especially during the current pandemic and is here to stay. It has been the fastest-growing channel as consumers shop online, on their smartphones and through social media. All have come to expect a seamless shopping experience, the omnichannel approach, across multi-platforms from brick and mortar (click & collect) to online. “At Aptar Beauty + Home we are READY to deliver our strategy by focusing on our enablers – sustainability, digitalization and transformation. Offering sustainable and e-commerce capable solutions is critical today. Packaging is the first interaction a customer has with our clients’ products. How it arrives, how it is disposed, and the overall customer experience is what our team is working on every day.” shares Marc Prieur, President, Aptar Beauty + Home.

In summer 2021, Heidelberger Druckmaschinen AG (Heidelberg) launched the Generation 4 CutStar, the Speedmaster XL 106-D rotary die cutter, and a new Performance Package for in-mold label production on the Speedmaster XL 106. It is now further expanding this portfolio by entering into a worldwide distribution agreement with the Japanese company AN Corporation for the Kawahara TXS-1100 and Kawahara BMS-1100 automated postpress systems. This marks the global rollout of a pilot agreement concluded for the North America region last year. “Heidelberg is systematically investing in the growth markets of packaging and label printing. The distribution agreement for Kawahara blanking systems adds a further key production step in the workflow to the company’s label printing portfolio,” says Rainer Hundsdörfer, CEO of Heidelberg. “In this way, we are helping our customers further automate their processes and thus make them as efficient and cost-effective as possible,” he explains. As a result, Heidelberg now offers all the technology needed for a highly efficient workflow in industrial label production – from job creation, prepress, and plate imaging all the way through to printing, die cutting, and fully automatic blank stripping.

Second Quarter & Half Year Key Points: *Group revenue growth of 5% for the first six months with strong demand in most markets. *Second quarter EBITDA of €292 million with increased sequential EBITDA margin of 13.9%. *Kraftliner demand robust with additional €50 per tonne price increase implemented in the third quarter. *Containerboard price increases feeding through to corrugated price recovery. Click Read More below for additional details.