Cascades Reports Results for the Third Quarter of 2024

Mondi has announced the approval of a €400 million investment in a new paper machine at its flagship Štětí mill in the Czech Republic. The investment forms part of the Group’s €1 billion expansionary capital investment programme to accelerate growth in sustainable packaging and will further strengthen Mondi’s leading position in the market. The investment will help Mondi to meet the growing demand for paper-based flexible packaging, underpinned by growth in eCommerce and sustainable packaging, and will contribute to increasing Mondi’s range of innovative, sustainable packaging and paper solutions. The new machine will produce around 210,000 tonnes per annum of sack kraft paper supporting Mondi’s Paper Bags business thanks to the benefits of a vertically integrated value chain. It will also allow Mondi to optimise production across the remaining kraft paper portfolio and strengthen its leading position in speciality kraft paper across a broad range of applications such as functional barrier papers.

Aptar Food + Beverage leveraged the benefits of two high-performance products, PolkaLite, a lighter version of the Polka closure (-1.3g), and the award-winning SimpliCycle recyclable valve to bring to manufacturers and consumers the highest levels of performance, convenience and sustainability in a closure that is reliable throughout the product life cycle. PolkaLite is a recyclable closure designed to use less raw materials. It not only helps brands in complying with packaging regulations and potentially achieve eco-taxes reduction, but it also appeals to environmentally conscious consumers who are committed to using products that are recyclable. PolkaLite, when paired with SimpliCycle, is a dispensing solution that is recyclable at the end of use, without compromising on performance. SimpliCycle, recently awarded the Best CSR/Sustainability Initiative at the World Food Innovation Awards ceremony in March 2021, is easily separated from the PET recycling stream and has the ability of being recycled with both PE and PP.

Call to correct mistakes in proposed amendments to EU Packaging and Packaging Waste Regulation that will penalize recyclable materials, like cardboard, while promoting the plastics industry. Imagine you’re in charge of regulating packaging in the European Union. You’re bringing in some new rules to reduce waste and pollution. So far, so good. But then it is revealed that an amendment mandating the reuse of packaging will cause a flood of plastic. That is exactly the opposite of what you’re trying to achieve. Do you vote for it anyway? The answer is obvious. Yet this is the exact dilemma now facing the EU, as it debates proposed amendments to the Packaging and Packaging Waste Regulation (PPWR).