Aptar Reports Third Quarter 2021 Results

Greif, Inc. announced that Ole Rosgaard assumed the role of President and Chief Executive Officer, consistent with the company's previously announced succession plan. Mr. Rosgaard succeeds Pete Watson who will become Executive Chairman of Greif’s Board of Directors. Mr. Rosgaard has also been nominated to serve on Greif’s Board of Directors, which will be voted upon at the Annual Stockholders’ Meeting on March 1, 2022. In addition, Greif announced a new executive leadership team effective February 1, 2022, that will lead ongoing growth and continuous improvement opportunities to drive additional shareholder value. Greif’s new executive leadership team is comprised of: Executive Vice President, Chief Financial Officer, Larry Hilsheimer; Executive Vice President, General Counsel and Secretary, Gary Martz; Executive Vice President, Chief Human Resources Officer, Bala V. Sathyanarayanan; Senior Vice President, Chief Supply Chain Officer, Tina Schoner; Senior Vice President, Global Operations Group, Kimberly Kellermann; Senior Vice President, Group President, Paper Packaging and Soterra LLC, Tim Bergwall; Senior Vice President, Group President, Global Industrial Packaging, Patrick Mullaney; Vice President, Chief Technology Officer, Doug Lingrel; Vice President, Chief Marketing and Sustainability Officer, Matt Eichmann (effective March 1, 2022).

How people consume is undergoing rapid change. As consumer demands and regulatory requirements intensify, the packaging industry needs to find new ways to protect food safely in more sustainable ways. Eric Le Lay, President, Fiber and Foodservice Europe-Asia-Oceania at Huhtamaki believes that there is a game-changing technology that can facilitate this transformation: High precision technology to create smooth molded fiber packaging. At Huhtamaki we want to do more. Our aim is to be a pioneer of sustainable packaging solutions. We take a material positive approach, ensuring that the best material is used for the right product. For us, fiber can and will play an important role. Fiber has been used in packaging for decades. Today, Huhtamaki is able to tap into its full potential by applying high-precision technology expertise to take this renewable material to surprising new levels. This innovation, combined with a high-level food-grade barrier, produces smooth molded fiber (SMF) sustainable packaging that offers superior functionality, keeps food safe, maintains its quality and eliminates the need for aluminum resulting in aluminum-zero solutions.

Blown and cast film maker Sigma Stretch Film, a division of Sigma Plastics Group with operations in Ontario, is boosting its production capacity by 30 million pounds through two new Davis-Standard equipment installations. Sigma’s plant in Belleville, Ont., will receive a Davis-Standard seven-layer agricultural stretch film line aimed at expanding the current silage film offerings. According to Sigma officials, the new line allows production using the latest resins, expanded exploration in sustainability options, and better service for both domestic and international agricultural customers. The new line adds fifteen million pounds of silage film capacity in Belleville. The second machine is a three-layer Davis-Standard blown film line for Sigma’s Shelbyville, Kentucky location. “Supporting the ever-growing demand for prestretched hand films and the Vortex product lines, this equipment will add fifteen million pounds of capacity,” Sigma officials said.