Mondi’s Advantage StretchWrap clinches Fastmarkets PPI Product Innovation Award

Second Quarter 2020 Summary: *Reported sales and core sales decreased 6% primarily due to the negative effects of COVID-19 on the beauty and beverage markets as well as passing on lower resin costs; negative currency effects were offset by contributions coming from acquisitions *Reported sales growth of 7% and core sales growth of 6% in our Pharma segment was offset by decreases in reported sales and core sales in our Beauty + Home and Food + Beverage segments *Reported net income totaled $42 million (a decrease of 43% compared to the prior year) *Cash flow from operations was $228 million in the first half of 2020 (an increase of 3% compared to the prior year)

Amcor announced the launch of a proprietary healthcare lidding technology that will be utilized for combination products – those consisting of two or more regulated components (device, drug or biologic). This latest innovation from Amcor is based on a patented inert film development and laminate design. It provides a lidding solution that can withstand heat sterilization, the process of preserving and sterilizing items, while preventing drug uptake into the packaging. The packaging solution is ideal for combination healthcare products, such as devices with an Active Pharmaceutical Ingredient (API) that forms the basis of a medicine. It ensures machinability, integrity after sterilization, as well as a convenient peel opening for patients. The features of the new product complement Amcor’s existing healthcare portfolio, which range from lidding for demanding sterilization environments to high barrier overwraps protecting eye droppers and medications for the eye. Amcor collaborated with Johnson & Johnson Vision over the course of several years to develop the lidding technology for use with contact lenses. ch company contributed specific skills and perspective, notably Amcor’s expertise with film extrusion, lamination and conversion for healthcare, and J&J Vision’s expertise on ophthalmic device packaging requirements.

UPM Raflatac has announced the launch of its innovative New Wave paper label material compatible with recycling. It is the first RecyClass certified paper label material to obtain a Letter of Compatibility for use on rigid high-density polyethylene (HDPE) and polypropylene (PP) containers. The test results confirm the compatibility even for natural and white material streams, which require the highest purity of recyclate from the recycling processes. This groundbreaking new label material represents a major step forward in the recycling of rigid plastic packaging, helping brand owners continue to make the shift towards enhanced circularity. At the moment, New Wave is the only RecyClass-recognized label solution for rigid natural and white HDPE and PP material streams. The New Wave label material is designed to provide functionality for the full life cycle of products, primarily home and personal care products such as soap bottles or washing detergent containers. It supports the purity of recycled materials by washing off cleanly at just 40°C using plain water with no chemicals required.