Sonoco Reports Third Quarter 2024 Results

Total Boxboard production in December increased five percent compared to December 2019. It was down three percent when compared to the same 12 months of 2019. The boxboard operating rate was 93.8 percent, up 5.3 points from December 2019 and essentially flat (-0.2 pts.) year-to-date. Solid Bleached Boxboard production in December increased three percent compared to December 2019. It was down four percent when compared to the same 12months of 2019. click read more for the rest of the statistics

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.

An innovative corrugated bin for face masks by Metsä Board, part of Metsä Group, has been awarded a ScanStar in a Nordic packaging design competition organised by the Scandinavian Packaging Association. The mask bin, made of lightweight and durable corrugated board, helps to collect and dispose of used face masks easily and safely. Metsä Board developed the concept together with packaging design agency Futupack and corrugated board converter Capertum. The competition jury commented: “A simple but clever solution for a new problem – mask littering. The bin is made from corrugated material, and is easy to assemble even without the instructions which have been printed on the bin itself. The lid makes the light packaging more rigid and, if you turn the lid, it closes the package when it is full. Good printing supports the product. The bin is also accessible to those who have disabilities.” MetsäBoard Pro WKL 160 g/m2 coated white kraftliner was used as the top liner of the mask bin. The Finnish corrugated board converter Capertum printed the E-flute corrugated board in silk screen. Thanks to fresh fibre board the waste bin is strong but light, which reduces the carbon footprint.