Clearwater Paper Announces Closing of the Augusta Paperboard Manufacturing Facility Acquisition

Caraustar Industries, Inc. announced a minimum price increase of 7.0% on all paper tube and core products. The increase will be effective starting with shipments on July 18, 2018. The increase is in response to strong market dynamics and inflationary cost pressures in transportation (both inbound and outbound) and chemicals.

The consolidated sales of the Group reached EUR 4,682.1 million and were thus 52.5% or EUR 1,612.4 million above the previous year’s figure (2021: EUR 3,069.7 million). At EUR 510.3 million, an operating result of EUR 240.7 million above the previous year (2021: EUR 269.6 million) was achieved. Financial income amounted to EUR 4.3 million (2021: EUR 3.3 million). The increase in financial expenses from EUR -24.4 million to EUR -32.1 million is mainly due to the raising of promissory note loans and registered bonds in the previous year to finance acquisitions and organic growth projects. The net income for the year thus increased by EUR 154.5 million to EUR 345.2 million (2021: EUR 190.7 million).

With the growing trend of “skinimalism” and the evolution of more lightweight, water-like foundations with sheer and natural finishes, Aptar Beauty + Home has developed an outstanding dispensing solution for ultra-fluid formulas: Star Drop, a unique hybrid packaging with a patented smart valve technology delivering a highly accurate dose at each use. According to this year’s Pinterest Business report, “skinimalism” is a major beauty trend. It revolves around using less products in our daily routine (for skincare and makeup) and emphasizes simplicity to embrace slow and natural beauty. “Natural everyday makeup” jumped by 180% as the most searched terms on the platform as well as “natural glowing skin” increasing fourfold in the search words. For “skinimalism” one needs a precision dropper – that’s where Aptar Beauty + Home innovates with this new solution. Product flow is critical and often it is hard to control properly, and the pipette let’s the formula run and smudge during or after use. This is why Aptar Beauty + Home has developed a clean and practical solution to improve the overall user experience for consumers.