Saica invests over Euro 100 million in new plant in Barcelona, Spain

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.

Nestlé recently announced that its well-known brand, Smarties, will be using recyclable paper packaging for all of its products worldwide! This represents a transition of 90% of the Smarties range, as 10% was already packed in recyclable paper packaging. The rollout of the new material, which will be complete in the UK and Ireland by April, makes Smarties the first global confectionery brand to move to paper packaging, removing approximately 250 million plastic packs sold worldwide every year. The innovative new designs includes sharing bags, multipacks and giant hexatubes made from coated paper, paper labels or carton board, all produced from sustainably sourced and recyclable material. Alexander von Maillot, Global Head of Confectionery at Nestlé, said: “Moving Smarties packaging to recyclable paper is one of our key sustainable packaging initiatives in the confectionery category. It is a further step in realising Nestlé’s ambition to make all of our packaging recyclable or reusable by 2025 and to reduce our use of virgin plastics by one-third in the same period.”

Second Quarter 2021 U.S. GAAP Summary: Net sales of $1.3 billion increased 15% as reported. Currency contributed $46 million, or approximately 4%, to net sales growth, as compared to second quarter 2020. Net earnings in second quarter 2021 were $109 million, or $0.71 per diluted share, as compared to net earnings of $100 million, or $0.64 per diluted share, in second quarter 2020. The effective tax rate in second quarter 2021 was 29.7%, as compared to 30.8% in second quarter 2020.