ATA Truck Tonnage Index Rose 1.2% in October

“The slow, and choppy, climb off of the bottom continued in October,” said ATA Chief Economist Bob Costello. “Since hitting a low in January of this year, tonnage is up a total of 3%, plus the index is up sequentially in three of the last four months. No doubt the freight market has improved – albeit slowly – over the course of the year.” In October, the ATA advanced seasonally adjusted For-Hire Truck Tonnage Index equaled 114.6 compared with 113.3 in September. The index, which is based on 2015 as 100, equaled the reading from the same month last year. The not seasonally adjusted index, which calculates raw changes in tonnage hauled equaled 121.3 in October, 8.6% above September. The seasonally adjusted increase follows a decline in September, which was revised up slightly from the October 22 press release.
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US Postal Service Suggests New Prices for 2025

The United States Postal Service (USPS) has announced a proposal for new postage rates set to take effect in early 2025, citing the need to stay competitive and increase revenue. If approved, the change would raise Shipping Services prices by approximately 3.2 percent for Priority Mail service and Priority Mail Express service, 3.9 percent for USPS Ground Advantage, and 9.2 percent for Parcel Select, according to the announcement on the service's website. The proposed pricing action is part of "Delivering for America," the agency's 10-year plan for "achieving financial sustainability and service excellence."
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CJK Group Propels Sheridan to New Heights with Strategic Rebranding of Kodi Collective

CJK Group, the parent company of Sheridan and Kodi Collective, has announced the realization of its strategic vision for their February 2024 acquisition of Kodi: bringing Kodi’s three offset print facilities into the Sheridan family. This tactical move marks a significant milestone in the evolution of Sheridan, industry leader in print and publishing services for book, journal, and magazine publishers, as well as catalogers. The addition of Kodi’s three high-performing print facilities to Sheridan’s nine state-of-the-art production sites positions the company to redefine excellence in the print industry. As Sheridan continues to expand its footprint through this powerful integration, the company strengthens its already stellar reputation in its marketplaces, enhancing the breadth and scope of its service offerings and extending its hallmark Sheridan Experience to current and future clients. That experience underscores Sheridan’s well-known commitment to innovation and unwavering dedication to ensuring that every client interaction is characterized by exceptional service and tailored solutions.
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Walmart Reports Third Quarter Results

Walmart Inc. announces third-quarter results with strong growth in revenue and operating income. Globally, eCommerce grew 27% with penetration up across all segments. Walmart U.S. comp sales up 5.3%2 with positive growth in general merchandise. Looking ahead, the Company raises its guidance for FY25 with net sales expected to grow 4.8% to 5.1% and adjusted operating income to grow 8.5% to 9.25% in constant currency (“cc”)1. “We had a strong quarter, continuing our momentum. Our associates are working hard to save people time and money and to transform our business. In the U.S., in-store volumes grew, pickup from store grew faster, and delivery from store grew even faster than that. Our teams are executing and delighting our customers and members with the value and convenience they expect from Walmart.” Doug McMillon President and CEO, Walmart.
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Barnes & Noble announces the sale of Sterling Publishing to Hachette Book Group

Barnes & Noble announces the sale of Sterling Publishing Co. Inc. to Hachette Book Group. The publisher was acquired by Barnes & Noble in 2003 and now includes adult imprints Union Square & Co., Puzzlewright Press, Sterling Ethos and Spark Notes, as well the children’s imprints Union Square Kids and Boxer Books; and the gift and stationery publishers Knock Knock and Em & Friends. It is the publisher of New York Times bestselling author/illustrator Mo Willems, recent New York Times bestselling authors Caroline Chambers and Dan Pelosi, and acclaimed authors Melissa Blair, L.S. Stratton, and Dusti Bowling, among others, as well as a dynamic program of literary classics. Sterling has been led by Emily Meehan since 2021 who oversaw the rebranding in January 2022 to Union Square & Co., influenced by its New York City’s Union Square Park headquarters. The company will remain under the leadership of Emily, who will report into Ben Sevier, President and Publisher of the Grand Central Publishing Group, a division of Hachette Book Group. All Sterling Publishing Co. Inc.’s staff, publishing assets and trademarks will transfer to Hachette Book Group.
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Revised PEFC Sustainable Forest Management benchmark standard approved

In an important step towards ensuring the raw materials coming out of a PEFC-certified forest comply with EUDR requirements, the revised PEFC Sustainable Forest Management benchmark standard was approved by the PEFC General Assembly on Wednesday 13 November 2024. This revised standard, PEFC ST 1003:2024, comprises several new and amended requirements that will enable EUDR alignment for PEFC-certified material coming directly from a PEFC-certified forest. This marks an important step in our PEFC roadmap to EUDR alignment.
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Amcor and Berry to combine in all-stock transaction creating a global leader in consumer, healthcare packaging solutions

Berry shareholders will receive a fixed exchange ratio of 7.25 Amcor shares for each Berry share held upon closing, resulting in Amcor and Berry shareholders owning approximately 63% and 37% of the combined company, respectively. The transaction has received unanimous approval of the boards of directors of both Amcor and Berry and values Berry’s common stock at $73.59 per share. The combination brings together two highly complementary businesses to create a global leader in consumer packaging solutions, with a broader flexible film and converted film offering for customers, a scaled containers and closures business and a unique global healthcare portfolio. The combined company will have unprecedented innovation capabilities and scale, and be uniquely positioned to accelerate growth, solve customers’ and consumers’ sustainability needs, unlock portfolio transformation and deliver significant value to both sets of shareholders.
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Modernising for the future: Metsä Board drives forward with major upgrades to Simpele mill

Known for producing the high-quality and lightweight MetsäBoard Classic FBB product, the Simpele mill will undergo significant upgrades in the second half of 2025, further solidifying the company’s position as the leading choice for premium food and healthcare packaging. Valued at approximately EUR 60 million, the investment includes the modernisation of the pre-drying section and the installation of a new state-of-the-art coating section on the production line. These enhancements will further improve the print quality and visual consistency of the MetsäBoard Classic FBB product while enabling the company to shift to fossil free alternatives in its paperboard production process.
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U.S. Postal Service Reports Fiscal Year 2024 Results

The U.S. Postal Service announced its financial results for the 2024 fiscal year ended September 30. Controllable loss, which excludes certain expenses that are not controllable by management, was $1.8 billion for the year, compared to over $2.2 billion for the prior year. The net loss for the year under generally accepted accounting principles (GAAP) totaled $9.5 billion, compared to a net loss of $6.5 billion for the prior year, an increase of $3.0 billion primarily attributed to the year-over-year increase in non-cash workers’ compensation expense. Over 80% of our current year net loss is attributed to factors that are outside of management's control, specifically, the amortization of unfunded retiree pension liabilities and non-cash workers' compensation adjustments. “Our pricing and product strategies are continuing to improve our revenue picture and fuel market share gains in our package business, demonstrating the increasing competitiveness of the Postal Service,” said Postmaster General Louis DeJoy. “While we continue to reduce our costs, there remain many economic, legislative and regulatory obstacles for us to overcome. We look forward to continuing our focus on transforming and modernizing the Postal Service, driving revenue, reducing the cost to deliver, improving operational performance, and positioning the organization for long-term financial sustainability.”
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Mativ Releases 2023 ESG Report Highlighting Key Initiatives

Mativ announced the release of its 2023 Environmental, Social, and Governance (ESG) report, the company’s first comprehensive, enterprise-wide report following the publication of its 2022 ESG Tear Sheet earlier this year. The 2023 report provides an in-depth look at Mativ's key achievements and ongoing initiatives in environmental sustainability, product stewardship, and social and governance topics, including workplace health and safety, ethics and integrity, and more. “At Mativ, we’re committed to creating long-term value for our shareholders through continuous improvement and an intense focus on good business practices,” said Julie Schertell, president & CEO of Mativ. “This report highlights the progress we’ve made advancing our environmental, social and governance efforts at all levels of our business and sets the stage for future advancements. By openly sharing our approach and achievements, we’re building trust with our stakeholders as we continue to grow responsibly.”
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Paper Industry Announces 2023 U.S. Paper Recycling Rates Using Updated Methodology

The American Forest & Paper Association (AF&PA) announced that 65-69% of paper available for recovery in the United States was recycled in 2023. The 2023 paper recycling rate is the first using AF&PA's updated methodology, which utilizes extensive industry data, subject matter expertise and detailed U.S. trade data to account for the continued shift of the U.S. balance of trade towards imports. The 2023 calculations show that paper remains one of the most highly recycled materials in America, with the industry recycling nearly 60% more paper today than it did in 1990 when initial recycling rate goals were established.
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Mondi starts up new extrusion line at Štĕtí to meet the growing demand for sustainable packaging solutions

Mondi, a global leader in sustainable packaging and paper, has announced the start-up of its new extrusion line at Mondi Coating Štĕti (Czech Republic), marking another milestone in the Group’s commitment to support customers in their transition to sustainable solutions. The extrusion line is part of a wider investment that includes a new production building with state-of-the-art machinery including coating and slitting capabilities. The investment expands the production of FunctionalBarrier Papers and other high quality coated papers, offering paper-based solutions with customised barrier properties. Applications range from food and non-food contact packaging to industrial solutions, such as case linings for solid board and barrier liners for corrugated case materials. As part of Mondi’s re/cycle portfolio, the innovative range of FunctionalBarrier Papers offers solutions that can be recycled in existing paper waste streams across Europe.
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New Firm Is Offering To Help Publishers Maximize Their Content With AI (mediapost.com)

Particle, an AI-driven technology firm created by ex-Twitter engineers, is offering to help publishers sharpen their news presentation with AI and assist consumers in understanding the news. The company promises to compensate publishers and help them drive traffic, TechCrunch reports. It will also link to sources directly underneath its AI summaries. Particle is partnering with such publishers as Reuters, AFP and Fortune to host their content in its app via their APIs, TechCrunch adds.
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Integrating Print in Schools: Enhancing Learning with Paper-Based Materials

The increased presence of screens in today’s classrooms has prompted educators to reassess the role of traditional print materials in student learning. As concerns about digital burnout, comprehension challenges, and digital platform security grow, schools find that print-based resources offer numerous advantages. These include improved comprehension, reduced screen fatigue, and a more focused, secure learning environment. With recent shifts toward print in media and education, schools recognize the need to balance digital and print resources to create a more effective, well-rounded learning experience. Research continues to show that students retain and understand information better when reading from paper as opposed to digital screens. In May educational neuroscientists at Teachers College, Columbia University published a study that conducted brain imaging of 59 middle-schoolers from New York City after reading text on paper and text on a screen.
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Troi Mailing Joins Two Sides North America

Two Sides North America (TSNA) is pleased to announce that Troi Mailing Services Inc. has joined its membership. Troi Mailing Services is a Smartmail Marketing Expert Partner, and a provider of Canadian & International Direct Mail media. For over 30 years, Troi Mailing has provided printing, direct mail, postage, and distribution expertise to their customers and has joined with Two Sides to educate companies on why sustainable marketing mail is the right choice to reduce the impact their marketing has on the environment. “I am very excited for Troi Mailing to be part of this community that is finally pushing back against unsubstantiated green claims,” shared Kirk Barton, CEO.“ It’s great to have the resources to defend and promote the truer value of using paper. With the resources provided by Two Sides North America, Troi can offensively promote print and direct mail and quash any unfounded claims as to why digital or paperless communications solely might be better.”
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Amcor recognized with prestigious award for recycle-ready coffee packaging

Amcor, a global leader in developing and producing responsible packaging solutions has been recognized by the 35th Packaging Innovation Awards (PIA) for its AmPrima® Plus solution for coffee. Sponsored by Dow, this prestigious award recognises excellence in packaging and encourages advancements in sustainability and performance. The Special Award category, won by Amcor, is dedicated to emerging markets and breaking frontiers in mono-material packaging. Amcor’s AmPrima® Plus solution has been commended for its application in recycle-ready coffee packaging. The new pouch offers coffee producers up to 68%* reduction in carbon footprint when compared to traditional coffee packaging alternatives.
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GreenFirst Reports Financial Results for the Third Quarter of 2024

“Q3 2024 was a challenging quarter for GreenFirst and the broader industry. July was our toughest month, primarily due to low pricing, but both August and September saw improvements in pricing. Average Western Base pricing rose from $338/mfbm in July to $428/mfbm early November 2024. In July, due to market conditions and high inventory levels, we implemented targeted curtailments equivalent to six weeks of production. Despite this, our operations ran smoothly for the remainder of the quarter. We also continue to manage cash tightly, including postponing capital expenditures during the third quarter. Aside from the curtailment in July, we achieved good operational performance, breaking production records across multiple sites. In fact, during the third quarter, our efficiency was 4% higher as compared to 2023. Looking ahead, we expect pricing to continue improving for the rest of the year, primarily driven by industry curtailments across North America and reversals in monetary policy by the Bank of Canada and the US Federal Reserve. However, we remain cautious in the short term, and the Company will continue to focus on tightly managing its costs and liquidity. Finally, as previously announced, GreenFirst will continue its strategy of selling non-core assets.” said Joel Fournier, Chief Executive Officer of GreenFirst.
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Monadnock Paper Mills, Inc. Unveils Newest Fine Printing Papers Swatchbook

Monadnock Paper Mills, Inc., the oldest continuously operating paper mill in the United States, is pleased to announce the release of its updated Fine Printing Papers Swatchbook. This carefully curated collection showcases the rich textures, vibrant finishes, and unrivaled performance of Monadnock’s most celebrated paper lines, including Astrolite®, Astrolite® Digital+, Caress®, and Dulcet®. Tailored for designers, brand owners, and printers, this swatchbook goes beyond a simple showcase—it provides an immersive, tactile experience that brings the luxurious qualities of Monadnock’s fine papers to life. From high-end brochures to photography books and archival prints, the Fine Printing Papers Swatchbook highlights how Monadnock’s premium fine papers can elevate any project. “Our Fine Printing Papers Swatchbook serves as a gateway to inspiration,” says Julie Brannen, Director of Sales and Sustainable Solutions at Monadnock Paper Mills, Inc. “We’ve designed it to offer a hands-on experience that allows creatives the opportunity to fully engage with the paper’s tactile qualities and see firsthand how our craftsmanship can transform their most important projects into evocative stories.”
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Mondi opens FlexStudios – a brand-new innovation hub for co-creating sustainable flexible packaging solutions

Mondi, a global leader in sustainable packaging and paper, has opened a ground-breaking hub in Germany for co-creating flexible packaging solutions that will shape the future. FlexStudios is a brand new 2,300 m2 building, located in Steinfeld, Germany, that offers three floors of interactive, inspiring collaborative space. The experiential studios have been built so that Mondi customers can actively participate in the innovation process, benefitting first-hand from the company’s extensive expertise, state-of-the-art technology, and customer-centric approach to driving sustainable change in the flexible packaging industry. By bringing pilot lines, testing capabilities and co-creation space together under one roof, Mondi can reduce time-to-market for new packaging and paper solutions.
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Diversey, a Solenis Company and NatureLoop Sign MOU to Upcycle Single-Use Plastic Waste

Diversey has announced the signing of a Memorandum of Understanding (MOU) with NatureLoop, a Kuala Lumpur-based organization dedicated to addressing the global plastic waste crisis. The partnership focuses on upcycling single-use plastic waste into new, useful products. Amrinder Sethi, country business director for the Philippines and Malaysia at Diversey, and Brandon Chong Chee Wing, Founder and CEO of NatureLoop, formalized the collaboration. The signing was witnessed by Sherif Fahmy, vice president for Southeast Asia at Diversey, and Siew Zhi Zhou, designer and production manager at NatureLoop. As the global plastic waste problem intensifies, this collaboration aims to transform used plastic containers from Diversey customers into sustainable products like coffee tables, stools, wall clocks, tissue boxes, sports medals, and decorative items. Under the MOU, NatureLoop will collect between 200 to 500 kg of empty plastic containers from Diversey customers each month, with support from Diversey Malaysia. These containers will be processed at NatureLoop's local facilities to create high-value upcycled products.
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How Can Businesses Rethink Packaging to Support Circularity?

Prioritizing packaging made from recycled materials that can be recycled again simplifies sustainable choices for consumers. The easier the process, the more likely consumers are to participate — reducing the chances that packaging ends up in landfill. However, that doesn’t mean there is a simple solution for businesses as there is no one-size-fits-all solution. By exploring various options, businesses can strike a balance between functionality and sustainability. Ultimately, the choice of packaging depends on factors like cost, environmental impact, operational fit, and consumer preference. Sustana offers solutions like Sustana EnviroLife™, a sustainable recycled fiber designed for food-safe packaging, which balances durability with eco-friendly practices. By thoughtfully choosing and innovating packaging options, businesses can support sustainability while meeting their operational goals.
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Pactiv Evergreen Reports Third Quarter 2024 Financial Results

Pactiv Evergreen Inc. reported results for the third quarter of 2024. Michael King, President and Chief Executive Officer of Pactiv Evergreen, said, “Our execution during the third quarter was solid and we made meaningful progress on our long-term strategy. We maintained strict cost discipline, optimized enterprise resources and overcame challenges at the Pine Bluff, Arkansas mill during its final quarter under our ownership. As we advance to the next phase of our transformational journey, we intend to leverage our heritage of product innovation and design to foster growth and assist our customers in achieving their sustainability goals.” King continued, “In late September and early October, some of our teams and communities were significantly impacted by Hurricanes Helene and Milton. The safety and well-being of our team members remain our utmost priority. It’s been truly inspiring to witness our teams swiftly activate contingency plans in response to these severe weather events, showcasing their commitment to serving our customers and supporting the affected communities.” Third Quarter 2024 Financial Highlights: Net Revenues of $1,333 million for the third quarter of 2024 were down 3% compared to $1,379 million in the third quarter of 2023 and were approximately flat compared to $1,338 million in the second quarter of 2024. Net Loss from continuing operations of $213 million for the third quarter of 2024 compared to net income of $28 million in the third quarter of 2023 and net income of $20 million in the second quarter of 2024.
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Huhtamaki signed a EUR 450 million sustainability-linked syndicated revolving credit facility

Huhtamäki Oyj has signed a EUR 450 million sustainability-linked syndicated multi-currency revolving credit facility loan agreement (“RCF”) with a maturity of five (5) years. The RCF refinances an existing EUR 400 million sustainability-linked syndicated revolving credit facility signed in January 2021 and will be used for general corporate purposes of the Group. The RCF has two one-year extension options at the discretion of the lenders. The Mandated Lead Arrangers and Bookrunners of the RCF are Citi, Nordea Bank Abp, Skandinaviska Enskilda Banken AB (publ), BNP Paribas, Commerzbank Aktiengesellschaft, Danske Bank A/S, DBS Bank Ltd., London Branch, J.P. Morgan SE, Landesbank Hessen-Thüringen Girozentrale, OP Corporate Bank Plc., Raiffeisen Bank International AG and Standard Chartered Bank AG.
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Sylvamo Quarterly Results Exceed Outlook, Generates Strong Free Cash Flow

Management Summary from Chairman and Chief Executive Officer Jean-Michel Ribiéras: We delivered strong earnings with a 20% adjusted EBITDA margin and outstanding free cash flow in the third quarter, driven by solid operational performance, good commercial execution and stable input costs. The quarter also had no planned maintenance outages. On Oct. 31, we announced we are mutually terminating a supply agreement for uncoated freesheet, bristols and specialty papers from International Paper’s Georgetown, South Carolina, mill, effective Dec. 31, 2024. We will continue to optimize our North America region by leveraging strategic initiatives to simplify the business, unlock efficiencies and drive earnings growth. We have seen encouraging increases in industry demand across our regions and expect recent capacity reduction announcements to lead to more favorable supply and demand balance trends in 2025. We are confident in our strategy to grow earnings and cash flow by continuing to invest in high-return projects in our mills and processes.
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Domtar Wins AF&PA Sustainability Award for Water Conservation Program

The American Forest & Paper Association (AF&PA) recently announced the results of its 2024 Sustainability Awards, and Domtar was among the winners. Our winning project was our water conservation program, which began as a pilot program in 2023. It will save more than 1 billion gallons of water annually and contribute to our goal to reduce water use by 20 percent per unit of product by 2030 (compared to a 2019 baseline). AF&PA’s Leadership in Sustainability — Water Management award recognizes our efforts to reduce our water usage as part of our overarching sustainability goals. “Sustainability is foundational for our members, and our awards program reflects that,” said AF&PA President and CEO Heidi Brock in a recent press release. “These award-winning projects demonstrate sustainability leadership and innovation in action. We are proud to recognize real-world examples of how our forest and paper industry sustainability goals come to life.” We launched our award-winning water conservation program in 2023. We dedicated a portion of capital spending solely for water-reduction projects. This water reduction fund was designed to attract innovative projects and ideas from teams within the Domtar network. Mills could submit proposals for a chance to earn a portion of the available funds. “The projects didn’t need to provide a financial return. The priority was saving water,” explains Brian Kozlowski, senior director of environment and sustainability for Domtar’s Paper and Packaging business unit. “That gave our employees the chance to think beyond the bottom line, and they really did!” The results from 2023 were impressive. The water conservation program completed ten projects at seven mills that will save more than 1 billion gallons of water annually. That’s enough water to fill more than 1,600 Olympic-sized swimming pools.
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Tredegar Reports Third Quarter 2024 Results

Third quarter 2024 net income (loss) was $(3.9) million ($(0.11) per diluted share) compared to $(50.4) million ($(1.47) per diluted share) in the third quarter of 2023. Net income (loss) from ongoing operations, which excludes special items, was $0.2 million ($0.01 per diluted share) in the third quarter of 2024 compared with $(5.1) million ($(0.15) per diluted share) in the third quarter of 2023. John Steitz, Tredegar’s president and chief executive officer, said, "Our ongoing operations for the third quarter were disappointingly at the break-even level due to low profitability at Bonnell Aluminum from unfavorable cost events, including manufacturing inefficiencies. On the favorable side, net new orders were up 7% over the second quarter but with margin pressures from imports and excess industry capacity." Mr. Steitz continued, "Regarding the trade case brought by a coalition of aluminum extruders and the United Steelworkers against 14 countries, we were very disappointed by the split negative vote by the U.S. International Trade Commission and the surprising recusal of one of its members. The USITC decision on October 30 indicated that it believes the industry was not materially injured by reason of the subject imports, despite preliminary determinations by the U.S. Department of Commerce of pricing below fair value and receiving unfair subsidies. The coalition is evaluating next steps for challenging the decision."
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Amcor AmFiber™ paper-based packaging receives European patent

Amcor has been granted a European patent for paper packaging with thin film barrier, affirming the unique attributes of its AmFiber™ portfolio. AmFiber™ Performance Paper is a high-barrier, paper-based solution that delivers recyclability and high-speed customer line performance for food- and healthcare-grade packaging. The European patent recognizes AmFiber Performance Paper’s innovative barrier materials and patterned sealable material, which provides a unique combination of functional attributes for paper-based packaging. Currently on store shelves across the globe, the AmFiber portfolio is suitable for a wide range of applications including snacks and confectionary, dry culinary and beverage, meat, dairy, home and personal care and more.
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Supremex Announces Results for Third Quarter of 2024

“Supremex’ third quarter operating performance was driven by higher envelope volume and improving packaging markets, and although profitability was impacted by approximately $1.9 million of non-operating items, it remains below its true potential,” said Stewart Emerson, President and CEO of Supremex. “As anticipated, envelope volumes continue to improve from the lows of 2023, and backlogs are stronger. However, the market continues to give back some of the pricing gains made in 2022 and profitability was also impacted by the temporary effect of our consolidation in the Greater Toronto Area, which is expected to yield important benefits going forward. In packaging, sales for e-commerce fulfillment remained solid and channels subject to discretionary consumer demand have improved, while increased profitability reflected greater efficiency from recent cost reduction and productivity initiatives and the benefits of improved absorption. Additionally, with a new senior leader steering our folding carton activities, we are confident that we will further leverage our high-quality assets, blue-chip customer base and dedicated employees. Based on a gradually improving market, efficiency and productivity gains, and the expectation of a substantial gain on the sale-leaseback transaction, the Board of Directors has decided to increase the dividend."
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Cascades Reports Results for the Third Quarter of 2024

Hugues Simon, President and CEO, commented: "We are pleased with our third quarter 2024 performance. Sequentially stronger results were driven by our Containerboard business, where higher average selling prices and lower production expenses offset the impact of higher raw material costs. Specialty Products results were stable, with stronger selling prices fully mitigating raw material cost and sales mix headwinds. As forecasted, third quarter Tissue Papers results were lower than the previous quarter due to higher average raw material costs and lower pricing related to the expected changes in the mix of products sold." Highlights: Sales of $1,201 million (compared with $1,180 million in Q2 2024 and $1,198 million in Q3 2023); Operating income of $36 million (compared with $34 million in Q2 2024 and $80 million in Q3 2023);
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News Corp Reports First Quarter Results for Fiscal 2025

Commenting on the results, Chief Executive Robert Thomson said: “We have begun Fiscal 2025 robustly, with record first quarter revenue, strong net income and record first quarter profitability. Revenue rose 3 percent year-over-year to $2.58 billion, while our net income jumped 148 percent to $144 million. Total Segment EBITDA surged 14 percent to $415 million, and our EPS were 21 cents compared to 5 cents in same quarter last year. That we have achieved these record first quarter results in macro-conditions which are far from auspicious is compelling evidence of the successful transformation of News Corp over the past decade. Meanwhile, the just-completed election has highlighted the importance of trusted journalism in a media maelstrom in which some journalists mistake virtue signaling for virtue. Artificial intelligence recycles informational infelicities and it is critical that journalistic inputs have integrity, which is why our partnership with OpenAI is so crucial and why we intend to sue AI companies abusing and misusing our trusted journalism. Dow Jones and the New York Post have started proceedings against the perplexing Perplexity, which is selling products based on our journalism, and we are diligently preparing for further action against other companies that have ingested our archives and are synthesizing our intellectual property.”
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Hachette Expands Basic Books Group

The Basic Books Group, a division of Hachette Book Group, will add two new imprints to its portfolio following the promotion of Lara Heimert to president and publisher of the group, HBG and Hachette UK CEO David Shelley announced on November 7. Basic Venture, a business and economics imprint, will be led by editorial director Colleen Lawrie and executive editor Emily Taber, while Thomas Spence, the former president and publisher of Regnery Publishing, will lead Basic Liberty, a conservative imprint, as executive editor. “The Basic Books Group has seen fantastic growth and success in recent years,” Shelley said in a statement.“They know their readership incredibly well and are able to serve their desire for serious non-fiction publishing by the leading authors in their fields across a range of different topics. Lara has grown and steered the group with incredible vision and precision; her promotion, and the investments we’re making with the two new imprints and other promotions and hires, are testament to the further potential for growth we see in this space and with this skilled team.”
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New Free eTraining on the Continuous Improvement Procedure

FSC is excited to announce the launch of a new eTraining on the Continuous Improvement Procedure (CIP) (FSC-PRO-30-011 V1-1), a stepwise approach that enables Small or Low-Intensity Managed Forests (SLIMF) and community forests to progressively achieve FSC certification. This tool provides flexibility and reduces barriers, helping smallholders and communities engage with FSC standards over time. The CIP eTraining covers essential elements of the procedure, such as core crtieria. It explains how the procedure supports users in achieving core criteria first and then advancing towards full conformity with FSC’s standards within the certification cycle of five years. The interactive format offers practical insights and guidance on structuring an Action Plan, initial self-check requirements, and regular self-monitoring for ongoing improvement.
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Sealed Air Reports Q3 2024 Results

"With the shift into two verticals, Food and Protective, and the onboarding of new leadership, we have positioned Sealed Air for long-term success," said Patrick Kivits, Sealed Air's CEO. "Over the coming months, we are focused on operationalizing each vertical and finalizing the long-term growth strategy for each business. In parallel, we are stepping up our cost take-out initiatives to right-size each business and improve profitability until our transformation takes hold." "While our third quarter results were ahead of expectation, the strength of our Food business continues to be offset by continued softness in our Protective portfolio. As a result, we are maintaining the midpoint of our Sales and Adjusted EBITDA guidance," said Dustin Semach, Sealed Air's President and CFO. "We continue to improve underlying cash generation fundamentals, optimize our debt and tax rate, and as a result, we are raising our guidance for Free Cash Flow and Adjusted EPS for the year."
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Stora Enso divests Sunila site to AALTO Development

Stora Enso has signed an agreement to divest its real estate of the Sunila site in Kotka, Finland, to AALTO Development Oy. AALTO Development is a Finnish, privately-owned property development company focusing on high-quality architecture and urban planning. Stora Enso will remain in Sunila as a tenant to AALTO Development. The Lignode battery material pilot plant will continue its operations in Sunila. Also, the Sunila-based demonstration plant engineering study, announced earlier by CarbonScape, is unaffected by the transaction. The parties have agreed not to disclose the transaction price. The closing of the transaction is expected during Q4 2024.
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Mativ Announces Third Quarter 2024 Results

Chief Executive Officer Julie Schertell commented, "We saw meaningful increases in volume and profitability in Filtration and our overall SAS segment during the third quarter, with SAS segment adjusted EBITDA increasing almost 20% year over year. This was somewhat offset by results in Advanced Films, which were impacted by automotive and construction end markets. As such, we have launched a turnaround effort specific to Advanced Films focused on demand generation, operational performance and increased customer and end market diversification. This turnaround effort will be similar to the approach we used for Healthcare throughout 2023, which year-to-date, resulted in above-market sales growth of more than 5% and materially improved profitability versus the same period in 2023. Given the prevailing macro-economic conditions and the slow pace of demand recovery, we continue to prioritize those things that we can control and execute on actions to mitigate external market factors, such as the $20 million reduction in non-operating cost announced earlier this year. Additionally, we are increasing capacity in our growth categories of filtration, specialty tapes, release liners and medical films, while at the same time reducing cost and optimizing our supply chain by reducing our plant footprint from 48 sites at the time of the merger to 35 sites today and our warehousing footprint by more than 25%. These actions reduce cost and complexity, and support sustained margin improvements as demand returns.”
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Ahlstrom January–September 2024 financial results published

Ahlstrom’s transformation efforts are delivering results. Our comparable EBITDA in the third quarter reached a record level, reflecting our ongoing commitment to performance and growth. Driven by our dedication to science and our desire to help customers navigate global trends, we continue to launch new products, with the introduction this quarter of recyclable packaging material for the bouillon cube segment. This innovation replaces thousands of tons of plastic and supports sustainable development. Moreover, our enhanced customer collaboration has led to our customer loyalty score reaching the highest decile in our industry in the latest measurement, which makes me particularly proud. Our margin on variable cost per ton continued to increase to a record high level, thanks to our improved operational performance driven by our transformation initiatives. Adjusted for the Stenay divestment in 2023, our deliveries increased by 1% compared to the previous year. We continued to strengthen our business portfolio by consolidating our footprint in parchment paper production at the Saint-Séverin site following the closure of the Bousbecque mill. Our centralized operations ensure efficiency and continued growth. In addition, we successfully completed the transaction to divest the Aspa pulp mill in November, supporting our growth transformation and focus on specialty materials production.
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Mondi Group’s sustainability reporting is again ranked among the best-in-class reports globally

The 2023 Mondi Group Sustainable Development (SD) report is once again ranked among ‘Top performers’ in the latest Reporting matters edition. We have maintained our position among the leaders in transparent and effective sustainability reporting since 2018. Over 180 sustainability reports were assessed this year as part of the long-standing World Business Council for Sustainable Development (WBCSD) Reporting matters assessment. The analysis highlighted that Mondi Group’s 2023 SD report clearly included a robust discussion of the impacts of external and regulatory trends. Other notable highlights mentioned were that our MAP2030 sustainability framework and the progress against it are presented in a clear and comprehensive manner, with creative design elements helping readers navigate the report and access key information.
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Sappi financial results for fourth quarter and full year exceeds expectations

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following a strong last quarter, I am pleased we were able to exceed our expectations for the year with Adjusted EBITDA* of US$684 million for the year ended September 2024. Our strong performance occurred against the backdrop of the subdued macroeconomic environment, ongoing low consumer confidence, and persistent geopolitical uncertainty. A key highlight was the pulp segment’s strong performance, driving record profitability for the South African region. However, paper markets remained subdued, with the expected recovery in demand after the prolonged destocking phase of 2023 unfolding slower than anticipated. Significant fixed costs savings were achieved through our strategic rationalisation actions.”
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Create Irresistible Direct Mail (piworld.com)

Crafting direct mail that captures attention and inspires action is both an art and a science. With digital noise at an all-time high, direct mail stands out for its ability to connect in a personal, tangible way. The USPS’s Irresistible Mail website remains a fantastic resource for fresh ideas, and it’s worth exploring at irresistiblemail.com to stay inspired by the latest trends. Here are several strategies to make your direct mail truly irresistible: 1. Interactive Technology: Enhanced QR Codes: Augmented Reality (AR): Near Field Communication (NFC). 2. Sensory Engagement: Tactile Elements: Scented Inks: Temperature-Changing Inks. 3. Personalization and Data-Driven Content: Variable Data Printing (VDP): Predictive Offers: Geotargeted Messaging:
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Lecta continues to make progress towards decarbonization

​​In accordance with its ESG strategy and in line with Science Based Targets initiative (SBTi) methodology, Lecta calculates its organizational carbon footprint (OCF) and its product carbon footprint (PCF) providing a comprehensive analysis of greenhouse gas (GHG) emissions resulting from its operations. On both targets, Lecta has reduced its emissions every year since 2021. This effort has in turn enabled it to commit to ambitious group-wide CO2 emission reduction targets. Lecta has set a 45% decrease in Scope 1 and 2 emissions and a 35% reduction in Scope 3 emissions by 2030, compared to the 2021 baseline. To solidify its commitment to decarbonization, Lecta has already submitted its reduction targets to SBTi for validation in September 2024. This strategic move underlines the company's commitment to transitioning to a resilient, net-zero economy based on scientific principles.
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Domtar Acquires Iconex Paper’s Point-of-Sale Receipt Business in North America

Domtar Corporation announced the successful acquisition of Iconex Paper from Atlas Holdings. Iconex Paper converts thermal paper parent rolls into point-of-sale (POS) receipt rolls, serving customers in industries such as food service, retail, pharmacy and financial services from its five North American locations in Arizona, Kansas, Tennessee, Virginia and Mexico. "Receipt products used by consumers every day — such as ATM, gas pump, food service and retail receipts — begin with thermal paper manufactured at Domtar's West Carrollton, Ohio, facility," says Steve Henry, Domtar's president of Paper and Packaging. "With this acquisition, we're well positioned to ensure customers experience the operational and supply chain excellence that comes from a fully integrated North American receipt paper business." "This strategic acquisition demonstrates our commitment as an advocate for paper-based products and the paper industry's long-term sustainability," Henry said. "We are delighted to welcome Iconex Paper to the Domtar family, and we look forward to jointly strengthening the point-of-sale paper business."
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Tork introduces compressed hand towel bundles for Tork Xpress Multifold range

Tork announced a new compressed hand towel option for the Tork Xpress® Multifold hand towel system that is 50% compressed1, enabling dispensers to hold twice as many towels to serve twice as many customers before requiring a refill2. Businesses benefit from reduced storage needs and spending less time maintaining their facilities. In the manufacturing process, unique compression technology reduces the amount of air in the hand towel bundle, effectively compacting the towel bundles and resulting in reduced packaging material by up to 27%1. Transport vehicles can then fit almost twice as many compressed towel bundles4 per truck, contributing to reduced carbon emissions. Businesses can also store double the amount of paper towels, optimizing the capacity of both their storage and existing Tork Xpress hand towel dispensers. Compressed towels offer the same quality Tork customers are accustomed to.
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Clearwater Paper Reports Third Quarter 2024 Results; Board Approves New $100M Share Repurchase Authorization

“We delivered a strong third quarter, even as we dealt with the impact of Hurricane Helene at our Augusta, Georgia and Shelby, North Carolina facilities,” said Arsen Kitch, president and CEO. “We are also pleased that we closed on the sale of our tissue business and are now well positioned to execute on our strategy of building a premier paperboard company that is focused on servicing independent converters in North America.” Clearwater Paper's Board of Directors has approved a new $100 million share repurchase authorization, allowing the Company to opportunistically repurchase shares in addition to offsetting the dilution from employee share grants. This authorization replaces the Company’s previous authorization. The timing and amount of any repurchases of common stock will be solely at the discretion of the Company and is subject to general business and market conditions, as well as other factors.
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Fedrigoni Group Announces Decision to Withdraw from BoingTech Acquisition

The decision not to pursue the acquisition of a majority stake in BoingTech, a specialized RFID inlay and tag producer operating in China and Malaysia follows changes in the conditions surrounding the mutual obligations and commitments between Fedrigoni and Inlay Link, BoingTech’s controlling shareholder. Fedrigoni has formally informed Inlay Link of this change in direction, reaffirming its commitment to strategic growth that aligns with evolving business dynamics.
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Solenis Acquires BASF’s Flocculants Business for Mining Applications

Solenis, a leading global producer of specialty chemicals, has acquired BASF’s flocculants business for mining applications. This strategic acquisition enhances Solenis’ portfolio, ensuring a comprehensive solution for its mining and mineral processing customers. The integration of BASF’s flocculants business will enable Solenis to offer an expanded range of products and services, addressing the diverse needs of the mining industry. This acquisition underscores Solenis’ commitment to providing innovative and sustainable solutions that improve operational efficiency and environmental performance.
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The New York Times Company Reports Third-Quarter 2024 Results

Meredith Kopit Levien, president and chief executive officer, The New York Times Company, said, “The third quarter was another strong one for The Times as we made further progress toward becoming the essential subscription for every curious person seeking to understand and engage with the world. We passed 11 million total subscribers in the quarter, more than five million of whom now subscribe to the bundle or multiple products. Our world-class news coverage and premium lifestyle products meet complementary user needs, and drive revenue growth across subscriptions, advertising, affiliate and licensing. We believe that portfolio, and our ability to keep adding value to it over time, is what makes The Times resilient in a changing media landscape, and well-positioned to become a larger, more profitable company.” Key Highlights • The Company added approximately 260,000 net digital-only subscribers compared with the end of the second quarter of 2024 bringing the total number of subscribers to 11.09 million. • Growth in both digital subscribers and ARPU drove a year-over-year increase in digital subscription revenues of 14.2 percent.
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AWS Announces Generative AI Partner Innovation Alliance to Globally Scale Success of its Generative AI Innovation Center

Amazon Web Services announced the launch of the Generative AI Partner Innovation Alliance. The Generative AI Partner Innovation Alliance will help scale and expand the reach of the Generative AI Innovation Center (GenAIIC) - a program that helps customers successfully build and deploy generative AI solutions. Initially launched in June 2023, the GenAIIC connects customers with AWS AI/ML scientists and strategy experts, and helps companies envision, identify, and develop generative AI solutions. Since its inception, the GenAIIC has helped thousands of customers, including DoorDash, Nasdaq, the PGA TOUR, achieve success with generative AI. In fact, more than 50% of the proof-of-concept solutions developed through the GenAIIC are now in production for customers.
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Tredegar Completes Sale of Terphane to Oben Group

Tredegar Corporation announced that it has completed the previously announced sale of Terphane, its flexible packaging films business headquartered in Brazil, to Oben Group. Commenting on the sale, John Steitz, Tredegar’s president and chief executive officer said, “The sale of Terphane completes a strategic goal that we’ve been working on for well over a year. We believe that Terphane will have greater scale and growth opportunities with Oben, a global player in the highly competitive flexible films industry. We wish the best for the employees and stakeholders of Terphane and Oben.” Gonzalo Belaunde, Oben’s chief executive officer, said, “We are pleased to complete the acquisition of Terphane. We believe that combining our capabilities will improve the service and quality provided to our customers and markets. We welcome Terphane to the Oben team.”
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Clearwater Paper Announces the Closing of the Sale of its Tissue Business

Clearwater Paper Corporation announced the successful completion of the sale of its tissue business to Sofidel America Corp., a subsidiary of Sofidel S.p.A., for $1.06 billion in cash, prior to customary purchase price adjustments. The transaction represents a significant step in the Company’s transformation into a premier independent supplier of paperboard packaging products to North American converters. Terms of the sale were first announced on July 22, 2024. “This is the next big step in transforming Clearwater into a premier independent paperboard packaging supplier in North America,” said Arsen Kitch, president and chief executive officer of Clearwater Paper. “While it’s the right business decision, it’s a bittersweet moment for our company. We are parting ways with valued colleagues, and that’s difficult. The Tissue team has built a fantastic business and delivered strong results. I am proud of their work and wish them well.” “We’ll use the proceeds from the sale to pay down debt and strengthen our balance sheet. We will be well positioned to scale and diversify our paperboard business to create long-term value for our shareholders,” said Mr. Kitch.
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Amazon.com Announces Third Quarter Results

“As we get into the holiday season, we’re excited about what we have in store for customers,” said Andy Jassy, Amazon President & CEO. “We kicked off the holiday season with our biggest-ever Prime Big Deal Days and the launch of an all-new Kindle lineup that is significantly outperforming our expectations; and there’s so much more coming, from tens of millions of deals, to our NFL Black Friday game and Election Day coverage with Brian Williams on Prime Video, to over 100 new cloud infrastructure and AI capabilities that we’ll share at AWS re:Invent the week after Thanksgiving.” Net sales increased 11% to $158.9 billion in the third quarter, compared with $143.1 billion in third quarter 2023. Excluding the $0.2 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 11% compared with third quarter 2023. Operating income increased to $17.4 billion in the third quarter, compared with $11.2 billion in third quarter 2023.
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Book Manufacturers’ Institute Announces 2024 Award Winners and New Board Members

The Book Manufacturers’ Institute (BMI) has announced the latest recipient of Signature Award, as well as three new members to the Cased-in Club. The honors, which were presented Monday evening October 28th at the Awards Banquet at the Fall Annual Conference in Naples, Florida, recognize BMI members who not only contribute to the success of their organization, but also to the continued success of the book manufacturing industry. Matt Baehr, Executive Director of BMI, said, “This esteemed group of award recipients has made a lasting impact on book manufacturing over the years. I am delighted to honor their achievements, celebrating not only their personal successes but also the significant influence they have had on the entire book industry.”
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COP 16: PEFC’s 25-year journey of empowering smallholders and promoting sustainable forest management

“PEFC has been promoting nature-positive and people-positive sustainable forest management for the past 25 years, and the structures that we have put in place can be scaled up to bring even more forests under sustainable management,” said Thorsten Arndt, Head of Advocacy at PEFC International, at the UN Biodiversity Conference (COP 16) yesterday. Speaking at the side event “Sustainable Forest Management: Key to Biodiversity” he explained that not only about a quarter of the world’s production forests is certified under PEFC, but also one million smallholders have achieved PEFC certification. Smallholders manage a significant portion of the world’s production forests. Recent estimates suggest that smallholders are responsible for managing around 25% of all production forests globally. This highlights the crucial role they play in sustainable forest management and the broader forestry sector, and PEFC has successfully made certification accessible to them.
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Two Sides Global Campaign Reports Rising Greenwashing Cases as Organizations Focus on Sustainability

Economic pressures continue to drive many cases of greenwashing, with numerous organizations that have previously relied on paper for communication shifting their customers from traditional paper-based services to digital platforms to cut costs. This transition is often accompanied by misleading and unsubstantiated environmental marketing claims like “Go Green – Go Paperless” or “Choose e-billing and help save a tree,” – but this is misleading and greenwashing. Globally, Two Sides has engaged over 2,800 organizations making misleading claims about paper. In North America alone, nearly 200 companies, from large Fortune 500 companies to small local utilities, have removed or changed these statements. Consumer preferences are being ignored in the push for digital communications. Data from the 2023 Two Sides Trend Tracker report revealed that 81% of U.S. consumers believe they should have the option to choose and do not want to be forced over to digital communications.
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Sonoco Reports Third Quarter 2024 Results

“Our third-quarter results were within expectations from seasonally higher Consumer Packaging demand and continued strong productivity,” said Sonoco’s President and CEO, Howard Coker. “Consumer and Industrial volumes were higher year-over-year and price/cost headwinds were persistent across both segments. Overall, we achieved strong prot margin and operating cash ow in the quarter from the solid execution of our global team.” Summary: *Achieved GAAP net income attributable to Sonoco of $51 million *Generated productivity improvements of $39 million during the third quarter of 2024 *Generated $438 million of operating cash flow and $171 million of Free Cash Flow during the first nine months of 2024 *Entered into an agreement on June 24, 2024, to acquire Eviosys for approximately €3.6 billion
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PPC FLEX Expands Chevron Manufacturing Capacity to Meet Growing Market Demand

PPC FLEX, a leader in advanced packaging solutions, has significantly expanded its manufacturing capabilities by installing the world’s highest-throughput platen-based Chevron machine. This addition marks a milestone as the first Chevron system in the United States to feature a Chevron Header pouch, advancing PPC FLEX’s production capabilities for the healthcare sector. The newly installed Chevron machine is housed within PPC FLEX’s state-of-the-art ISO Class 4 and 7 cleanroom facility in Buffalo Grove, Illinois. The facility now produces high-output Tyvek™ Chevron Peel pouches, Chevron, and pouches on a roll, enhancing PPC FLEX’s ability to meet the stringent requirements of the medical, pharmaceutical, and dental industries. This investment strengthens PPC FLEX’s commitment to offering cleanroom-grade pouches that ensure sterility and barrier protection for critical environment applications globally.
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RRD Expands Emissions Reduction Efforts Across Manufacturing Locations Worldwide

RRD is expanding its greenhouse gas (GHG) emissions reduction plan from manufacturing locations in the United States and Mexico to worldwide locations, now including Asia, Europe, and Latin America. RRD made significant progress towards its global 10 year 25% GHG emissions reduction goal by realizing a GHG reduction of more than 12.5% in 2023 when compared to its 2022 baseline. The annual emissions data and reduction in emissions are third-party verified and will be disclosed in the 2024 response to the Carbon Disclosure Project (CDP), a nonprofit that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts.
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Paper Excellence Group Rebrands as Domtar

Paper Excellence Group announced the operational integration of the recently acquired Domtar Corporation and Resolute Forest Products with the legacy Paper Excellence business, forming a leading, unified forest products company in North America. This integration represents a strategic alignment of the companies’ strengths, resources and expertise, creating a stronger organization poised for future growth and innovation, while maintaining the highest levels of environmental stewardship. Together, the companies will now be doing business as Domtar. Domtar’s new brand identity symbolizes the combined legacy, shared values and forward-looking vision of the three organizations. The new logo reflects the spirit of collaboration, sustainability and commitment to excellence that will define Domtar’s future. The inclusion of a seedling in the logo represents the company’s commitment to nurturing potential and fostering growth, symbolizing the start of something new and the continuous journey toward flourishing success. It also signifies an important evolution, capturing the essence of the gradual development of our legacy companies and the natural progression from a small, humble beginning to a thriving, mature global organization.
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Gannett Announces Third Quarter 2024 Results

"We continued to make solid progress on our key priorities in the third quarter while delivering another quarter of year-overyear Adjusted EBITDA growth. Three out of four digital revenue categories experienced further trend improvement year-overyear, and as a result, total digital revenues surpassed 45% of total revenues, representing an all-time high. These results reinforce our belief that we have created a sustainable pathway for ongoing growth moving forward. We also significantly increased our free cash flow by 168% year-over-year. Additionally, within the quarter, we repaid approximately $29 million of debt, which combined with our Adjusted EBITDA growth, reduced our first lien net leverage to 1.76x. It is also important to note that some of our strategic decisions impacted total reported revenue in the third quarter, such as the intentional closure or divestiture of certain businesses in our portfolio. These actions were in-line with our long-term strategy and did not materially impact Adjusted EBITDA," said Michael Reed, Gannett Chairman and Chief Executive Officer. "In the third quarter, our audience surpassed 200 million average monthly unique visitors for the first time in our history, reflecting growth of over 7% compared to the prior year period. Furthermore, in the third quarter, we announced an additional partnership with BetMGM, which is expected to enhance the monetization of our content platform."
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HMH Launches Performance Suite: A Unified Solution for Curriculum, Assessment and Professional Development

Adaptive learning company HMH announced HMH Performance Suite–a first-of-its-kind teaching and learning solution that integrates assessment, Tier 1 curriculum and instruction to harmonize K-12 classroom teaching practices on a single platform. The launch of Performance Suite signals a major milestone in the integration of HMH’s high-quality instructional materials and NWEA’s leading assessments. Performance Suite provides robust day-to-day support for educators across the entire instructional cycle, encompassing planning, teaching, assessment, analysis and professional learning features within a streamlined, user-friendly interface. The current edtech ecosystem frequently calls upon educators to leverage multiple disparate solutions to accommodate their daily workflow. Performance Suite is built to bridge these gaps and facilitate meaningful and immediately actionable connections between assessment data and curriculum delivery.
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FSC blocks Chinese toilet paper company for making false claims

FSC has blocked Join Bums (Shandong Join Bums Eco Tissues Co. Ltd. - FSC-C159817/SCS-COC-007503), an FSC certificate holder from China, for making false claims regarding the bamboo toilet paper rolls it sold to its clients in the United Kingdom. Between May 2021 and March 2024, Join Bums sold large volumes of bamboo toilet paper rolls with FSC 100% claims. However, the company reported zero sales and purchases of FSC-certified material to its certification body since it was granted FSC certification in 2020. Join Bums also waived two surveillance audits in 2021 and 2023. Earlier this year, FSC was alerted to a possible integrity risk in its certified bamboo toilet paper supply chain. In March 2024, a British media outlet published an investigative article, alleging that bamboo toilet paper sold by FSC-certified companies contained very little bamboo fiber, despite claims of being 100% bamboo. Tests revealed that the toilet paper rolls contained high amounts of acacia and eucalyptus instead.
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Pactiv Evergreen Debuts SmartPour™ Pourable Containers and Two New Beverage Carton Filling Machines

Pactiv Evergreen Inc. introduces an innovative packaging solution with the launch of its patented* SmartPour™ package. Made in the USA, SmartPour packaging features an easy-to-pour and resealable closure, making it the ideal container for pourable, dry ingredients like premium cereals, crackers, snacks, baking ingredients, pet food, powders or formulas, and powdered laundry or dish detergents. SmartPour containers eliminate the need for a plastic bag insert, preventing messy, bag-in-box spillage, while the resealable closure and barrier technology keeps contents fresh. With a sturdy design that maintains its shape, SmartPour is perfect for consumer-packaged goods companies looking to enhance product visibility on shelves and preserve the packaging integrity of products ordered via home delivery services. SmartPour packaging is food safe and FDA compliant and comes in six sizes, a vertical and horizontal layout, and three heights, offering a customizable solution for a variety of packaging needs.
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Atlantic Contributes to the Largest Conservation Easement Project in South Carolina History

We are proudly supporting the largest conservation easement project in South Carolina history, dedicating over 62,000 acres of the Pee Dee Basin to permanent protection. The $50 million grant, administered by the U.S. Forest Legacy Program and supported by Atlantic Packaging, the Open Space Institute, the South Carolina Forestry Commission, the South Carolina Department of Natural Resources, and the South Carolina Office of Resilience, aims to balance sustainable forestry, recreation, and environmental resilience for generations to come. This historic project addresses the urgent need for conservation amid South Carolina’s rapid population growth. Protecting these vast lands, equivalent to three times the size of Hilton Head Island, ensures clean water, flood mitigation, wildlife habitat preservation, and a boost to South Carolina’s timber economy.
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International Paper Announces Review of Strategic Options for Global Cellulose Fibers Business and Closure of Georgetown, S.C. Pulp and Paper Mill

IP's GCF business creates safe, high-quality absorbent pulp for a wide range of applications like feminine care, incontinence and other personal care products that promote health and wellness. In addition, its specialty pulp serves as a sustainable raw material used in textiles, construction materials, paints, coatings and more. The GCF business generated $2.9B in revenue in 2023 and has operations in three countries, with eight mills and two converting facilities. "International Paper is committed to maximizing value for our shareholders, and to that end, we have launched a comprehensive and thorough review of strategic options for our global cellulose fibers business," said International Paper Chairman and CEO Andy Silvernail.
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Sylvamo, International Paper Terminate Georgetown Supply Agreement

Sylvamo and International Paper are mutually terminating a supply agreement for uncoated freesheet, bristols and specialty papers at the Georgetown, South Carolina, mill. The agreement will terminate Dec. 31, 2024. Sylvamo is successfully transitioning many paper grades from Georgetown to its Ticonderoga, New York, and Eastover, South Carolina, mills to continue supplying customers. International Paper has announced plans to discontinue operations at the Georgetown mill. “We have been preparing for this possibility since our 2021 spinoff from International Paper. We will support our customers through this transition and will retain the most profitable products from Georgetown, reducing economic downtime in our mill system and improving our mix,” said Jean-Michel Ribiéras, chairman and chief executive officer. “Looking ahead, we are confident in our future and our strategy to grow earnings and cash flow by continuing to invest in high-return projects in our mills and processes.”
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Stora Enso launches Beyond Board services to support customers on packaging sustainability 

Beyond Board is a set of services designed to address the evolving needs of Stora Enso’s customers in the packaging industry. The portfolio focuses on sustainability services, and spans from trainings and regulatory support to circularity assessment and LCA services. The sustainability training aims to build a foundation of sustainability knowledge throughout organisations, including sales, sourcing and product management. While these teams are experts in their products, they can benefit significantly from guidance on topics like forestry and fibers, circularity, recyclability and impact on the climate. As sustainability becomes increasingly vital in decision-making, this training provides valuable knowledge for our customers.
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Walsworth Brings Stephanie Maday Aboard as New Executive VP of Commercial Sales

Walsworth announced it has hired sales executive Stephanie Maday as the company’s new Executive Vice President of Commercial Sales and Board Member. Maday will be replacing Walsworth’s current Executive VP of Commercial Sales, David Grisa, who is retiring from the company in November. Maday will be based out of Walsworth’s Sales and Marketing office in Overland Park, Kansas. Maday comes to Walsworth with nearly 25 years of sales and management experience, more than 20 of it at Taylor Corporation in the Minneapolis/St. Paul area working for client 3M Promotional Markets. She started as a sales representative and rose through the ranks to become National Sales Manager. During her tenure at 3M, Maday gained print product sales experience with large and small roll-fed presses, silk screening, flexo presses and digital presses.
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Ahlstrom joins the World Business Council for Sustainable Development

Ahlstrom, a global leader in fiber-based specialty materials, has joined the World Business Council for Sustainable Development (WBCSD), a global organization committed to accelerating the transition to a sustainable world. By becoming a member of WBCSD, Ahlstrom will collaborate with some of the world’s most forward-thinking companies to further the global sustainability agenda. Together, Ahlstrom and WBCSD aim to tackle urgent environmental issues, including climate change, the need for clean air and water, decarbonization, biodiversity loss, and plastic pollution. “At Ahlstrom, we are committed to being part of the solution to global sustainability challenges. We believe that sustainability is a complex journey that requires collaboration to drive meaningful change. Our purpose, ‘Purify and Protect with Every Fiber for a Sustainable World,’ guides our efforts to innovate fiber-based solutions that are safe and sustainable by design,” says Helen Mets, President & CEO of Ahlstrom.
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UPM Raflatac launches OptiCut™ WashOff linerless label to promote plastic packaging reuse

UPM Raflatac, a global supplier of sustainable labeling solutions, is expanding its direct thermal (DT) linerless label offering with the launch of its new OptiCut™ WashOff solution. The new linerless label is specifically designed for returnable and reusable plastic food containers, including PP, HDPE and PET crates used in food logistics. Available to customers now, the label launch meets the need for innovative plastic packaging solutions, driven by evolving regulations and consumer demand. The OptiCut WashOff label, which is compatible with most direct thermal printers and weighing scales, offers excellent washability and easy, adhesive residue-free separation for both industrial processes and home washing machines.
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UPS Releases 3Q 2024 Earnings

UPS announced third-quarter 2024 consolidated revenues of $22.2 billion, a 5.6% increase from the third quarter of 2023. Consolidated operating profit was $2.0 billion, up 47.8% compared to the third quarter of 2023, and up 22.8% on a non-GAAP adjusted basis. Diluted earnings per share were $1.80 for the quarter; non-GAAP adjusted diluted earnings per share were $1.76, 12.1% above the same period in 2023. For the third quarter of 2024, GAAP results include an after-tax net benefit of $36 million, or $0.04 per diluted share, comprised of a $152 million gain resulting from the divestiture of the Coyote Logistics business net of transformation strategy costs of $116 million.
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AAP August 2024 StatShot Report: Overall Publishing Industry Up 8.5% for Month of August, and Up 7.8% Year-To-Date

Total revenues across all categories for August 2024 were up 8.5% as compared to August 2023, coming in at $1.7 billion. Year-to-date revenues were up 7.8%, at $9.3 billion for the first eight months of the year. Trade (Consumer Books) revenues were up 13.4% in August, coming in at $848.2 million. In terms of physical paper format revenues during the month of August, in the Trade (Consumer Books) category, Hardback revenues were up 17.1%, coming in at $297.4 million; Paperbacks were up 6.7%, with $302.0 million in revenue; Mass Market was down 35.8% to $8.6 million; and Special Bindings were up 3.6%, with $21.5 million in revenue. eBook revenues were up 6.1% for the month as compared to August 2023 for a total of $90.4 million, and the Digital Audio format was up 38.8% for August, coming in at $93.9 million in revenue. Physical Audio was down 54.8% coming in at $600 thousand.
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Savvas Learning Company’s enVision Mathematics © 2024 Earns Highest Rating from EdReports

Savvas Learning Company, a next-generation K-12 learning solutions leader, is excited to announce that enVision Mathematics© 2024, the newest edition of its proven-effective math series for grades K-12, has received the highest rating of “All-Green” from EdReports. The classroom-tested, teacher-loved enVision K-12 math series provides evidence-based, standards-aligned content, combined with personalized adaptive learning, to support all students in developing deep conceptual math understanding, procedural skills, and fluency. The new edition offers expanded digital resources and even more high-interest, student-centered activities that engage learners in real-world, meaningful math. Also included are a variety of new instructional support tools to save teachers time while providing them flexibility for lesson planning. Offering vertical alignment from kindergarten through grade 12, the curriculum is designed to provide continuity from year-to-year — something that school districts like Johnston County Public Schools in North Carolina value.
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COP 16: Over 25% of all production forests globally are PEFC certified, demonstrating sustainable management

How to incentivise smallholders for sustainable commodity production in a world of increasingly complex supply chains was part of discussion at the “Next-Gen Forest Solution – Financing A Systemic Solution for Forest and Biodiversity Conservation” side event at COP 16 in Cali, Columbia. “In the end, it is producers whom we want to produce commodities sustainably, and many of them are smallholders,” highlighted Thorsten Arndt, Head of Advocacy at PEFC International, during the panel discussion. “It has been important that brand owners and retailers have specified PEFC in their procurement policies, as this has led to widespread adaption of certification, yet it has also placed a financial strain on producers who must absorb the costs of compliance.”
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Graphic Packaging Holding Company Reports Third Quarter 2024 Financial Results

Net Income was $165 million, or $0.55 per share, based upon 302.6 million weighted average diluted shares. This compares to third quarter 2023 Net Income of $170 million, or $0.55 per share, based upon 309.2 million weighted average diluted shares. The third quarter of 2024 was impacted by a net charge from special items and amortization of purchased intangibles of $29 million and the third quarter of 2023 was impacted by a net charge from special items and amortization of purchased intangibles of $59 million. Michael Doss, the Company's President and CEO said, "In the third quarter, we saw our packaging volumes turn positive, after Europe's return to growth in the second quarter. Third quarter also saw the launch of new paperboard cup and container innovations for major Foodservice customers and the first-ever round BoardioTM paperboard canister for a leading collagen-protein brand. Our innovations are delivering real value for our customers and for consumers. Despite volume challenges brought on first by customer and retailer destocking and later by the pressure consumers are feeling from price inflation, we are delivering margin strength and consistency in line with the best global consumer packaging companies. That speaks to the value of the portfolio we have created, the success of our sustainable packaging innovations, and our team's commitment to outstanding execution. As volumes continue to improve and our Waco investment moves toward completion, cash generation will rise significantly, and we will deploy that cash to create substantial additional value for shareholders."
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Aptar Reports Third Quarter 2024 Results

AptarGroup, Inc. reported strong third quarter results due to solid operational performance and margin improvement across the company. Results were driven by growth in proprietary drug delivery systems, as well as increased demand for closure technologies. Reported sales and core sales increased by 2%, as currency and acquisition effects did not impact the quarter. Aptar reported net income of $100 million for the quarter, a 19% increase from the prior year. “Aptar delivered another strong quarter driven by our Pharma and Closures segments. We saw increased demand for our proprietary drug delivery systems, active material science solutions and closure technologies, especially for food applications. The Beauty segment saw growth in the personal care and home care markets, but it was not enough to offset tough comparisons from tooling and fragrance dispensing solutions from the prior year period. All three segments continued to demonstrate solid operational performance and margin improvement. We are proud of the strong results and progress we have made for the first nine months of the year and are positioned to achieve double-digit adjusted EPS growth for the full year,” said Stephan B. Tanda, Aptar President and CEO.
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TC Transcontinental Sells its Industrial Packaging Operations to Hood Packaging Corporation

TC Transcontinental announces the sale of its industrial packaging operations to Hood Packaging Corporation for a price of US$95 million (about C$132 million1) subject to working capital adjustments. These operations generated approximately US$50 million (about C$68 million2) in revenues during the last twelve months ended July 28, 2024. The Corporation anticipates using the net proceeds to continue reducing net debt in line with its business priorities. This will increase its flexibility in capital allocation, including targeted acquisitions in growth segments. “Industrial packaging is a solid business. However, after operating it for several years, we concluded that it offers few synergies with the rest of our portfolio, and is not core to our Packaging Sector’s growth strategy,” said Thomas Morin, President and Chief Executive Officer of TC Transcontinental. “We are pleased for our employees that Hood Packaging, a family-controlled company like TC Transcontinental whose industrial packaging business is core to their activities, is the buyer.” Hood Packaging is acquiring TC Transcontinental’s Thomasville, North Carolina, packaging operations and building, and 138 employees are being transferred. Hood Packaging is also acquiring the industrial packaging business of TC Transcontinental’s Ontario, California plant, which represents approximately 15% of this plant’s revenues. Roop Nangia, Senior Vice President, Consumer & Beverage, TC Transcontinental Packaging, added: “We sincerely thank all of our talented employees for their contribution, commitment and performance.”
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Huhtamäki Oyj’s Interim Report January 1-September 30, 2024

Charles Héaulmé, President and CEO: Market conditions started to improve during the third quarter. While the situation improved compared to the first half of the year, the pace was moderate with differences between categories and geographies. Demand for pre-packed on-the-shelf food increased, particularly in egg packaging and in a volatile market, demand for flexible packaging continued to improve. Food-on-the-go volumes remained subdued, with consumers still feeling the impact of inflation and elevated market prices. The foodservice market has progressed more positively in North America than in other regions. The on-going war in the Middle East continued to affect global brands in some markets in the Middle East and Asia. Our comparable net sales remained at the previous year’s level in the third quarter and decreased by 1% during the first nine months of the year. During the third quarter, sales volumes increased while pricing pressure continued. Adjusted EBIT increased by 2% in the third quarter and 8% during the first nine months of the year with an improved adjusted EBIT margin reaching 10%. The profitability development was supported by our actions to improve efficiency. Free cash flow remained strong, reaching EUR 160 million at the end of the third quarter. While continuing to focus on future growth, the investments level was contained, enabling further reduction of net debt and resulting in a net debt to adjusted EBITDA ratio of 2.0. During the quarter, North America continued to deliver profitable growth, maintaining a strong adjusted EBIT margin. Flexible Packaging profitability continued to improve. Foodservice E-A-O margins were negatively impacted by low demand. Fiber Packaging profitability was weighed on by a lag in pricing, as raw material costs increased.
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IPG Launches iTRACK Data Collection System for Case Sealing Machines

IPG® (Intertape Polymer Group®), a global manufacturer of packaging and protective solutions across a diversified set of geographies and end-markets, will be exhibiting at Pack Expo International held at McCormick Place in Chicago from November 3-6, 2024. This year, the booth highlights ‘The IPG Advantage’ across packaging automation, consumables, and service programs. “IPG provides valuable solutions that enhance throughput, simplify processes, and minimize downtime—all from a single source,” says Jason Fisher, Vice President of Corporate Marketing at IPG. IPG proudly presents a comprehensive range of packaging automation solutions, including case sealers, case packers and erectors, A.I. vision systems, palletizers, tray packers, robotics, void fill systems, mailer systems, and more. These data-driven automated solutions are designed to reduce labor and increase efficiency.
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Metsä Board’s comparable operating result in 2024 January–September was EUR 73 million

Metsä Board’s CEO Mika Joukio: ”In 2024, demand for fresh fibre paperboards has clearly improved from last year’s record-low level, although demand growth has been somewhat slower than expected. At the beginning of the year, demand was boosted by restocking in the value chain, which levelled out towards the end of the first half. In July–September, the demand and price situation for paperboards was similar to the previous quarter. Due to higher living costs, consumers’ purchasing behaviour remained relatively cautious, and consumption is more focused on services than on products. Metsä Board’s first half was overshadowed by the political strikes in Finland and the gas explosion at Metsä Fibre’s Kemi bioproduct mill. These caused us large production and sales losses and significant additional costs. We expect the negative impact on the operating result to total EUR 65 million, including the impact of Metsä Fibre’s share of the result. The July–September result includes EUR 23 million in insurance compensation related to the gas explosion in Kemi. Negotiations with the insurance consortium are still ongoing.
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Metsä Group’s comparable operating result in January–September 2024 was EUR 170 million

President and CEO Ilkka Hämälä: The economy continued to be weak in the third quarter of 2024. In the wood market, trade was normal, and prices remained at a record high, compared with figures across the last two decades. A high cost level combined with low demand across the board resulted in a weak result for the third quarter. The quarterly result was significantly improved by the business interruption insurance compensation for the accident at the Kemi bioproduct mill, which was allocated to the first half. Negotiations on the final insurance compensation are still underway, but EUR 67 million in compensation was recorded for the third quarter. The slowdown in the construction industry continues, and there are no signs of a change in the demand for sawn timber and plywood. Demand for Kerto® LVL has remained strong, proving the product’s competitiveness in construction industry solutions. In China, the pulp market picked up in September, and prices began to gradually increase in softwood pulp trade. Demand remained stable in the European pulp market even though prices continued to decrease, still remaining higher than the price level in Asia. In Europe, the paperboard market continues to be affected by Asian paperboard imports to regions neighbouring the EU such as Türkiye. In the US, the market situation has remained slightly stronger than in Europe. As is typical of consumer products, demand for tissue papers has been stable, and profitability has remained at a reasonable level.
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Silgan Announces Third Quarter 2024 Results

Silgan Holdings Inc., a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported third quarter 2024 net sales of $1.75 billion and net income of $100.1 million, or $0.93 per diluted share, as compared to third quarter 2023 net sales of $1.80 billion and net income of $110.6 million, or $1.02 per diluted share. "Our third quarter results continued to benefit from the success of our long-term strategic growth initiatives, the power of the Silgan portfolio and the strength and agility of our operating teams," said Adam Greenlee, President and CEO. "We are pleased to have recently closed the Weener acquisition and to welcome 4,000 new Silgan Team members. This acquisition further expands the breadth, depth and reach of our best-in-class and winning global dispensing business."
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Smurfit Westrock Reports Third Quarter 2024 Financial Results

Tony Smurfit, President and CEO, commented: “I am pleased to report an excellent performance for the third quarter, the first for Smurfit Westrock. The Net Loss for the quarter of $150 million was primarily due to transaction related expenses and purchase accounting adjustments totalling approximately $500 million. With Adjusted EBITDA1 of $1,265 million and an Adjusted EBITDA Margin1 of 16.5%, these results are a strong foundation to build upon. “Our established track record of delivering value to our customers through service, quality and innovation is already beginning to yield results. Equally, we believe our focus on plant level autonomy, operational improvement and profitability will deliver in time, benefits at least equal to the stated synergy target of $400 million. “Our third quarter performance, combined with our deeper knowledge of the Combination and continuing asset optimization, clearly points to the opportunities ahead for Smurfit Westrock. We are at the start of our journey to build the ‘go-to’ sustainable packaging partner of choice, a global leader with an unrivalled scale, geographic reach and product portfolio. Having spent the last number of months visiting our plants, it is also clear that our people are excited and motivated to be a part of this journey.
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Stora Enso strengthens wood supply chain to its packaging board site in Oulu by acquiring a Finnish sawmill company

Stora Enso has entered into an agreement to acquire 100% of the Finnish sawmill company Junnikkala Oy. This acquisition aims to secure a cost-efficient wood supply to Stora Enso’s packaging board site in Oulu, Finland, and to support Stora Enso’s wood products business with new production assets. The total enterprise value (EV) for the transaction is up to EUR 137 million, a significant part of it being contingent upon achieving specific production milestones. The transaction is subject to customary closing conditions including regulatory approvals, and is expected to close in the first half of 2025. Junnikkala Oy is a Finnish producer of sawn timber and processed wood products for domestic and export markets. It operates three sawmills in Finland including its new state-of-the-art sawmill, less than 10 kilometres from the Stora Enso Oulu site.
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Quad reports third quarter and year-to-date 2024 results

Joel Quadracci, Chairman, President and CEO of Quad, said: “During the third quarter, we continued our focus on differentiating ourselves as a marketing experience, or MX, company, including investments in innovative solutions that align with our growth priorities. I am pleased to report that our in-store retail media network is expanding and producing measurable results for both retailers and consumer brands. Already, we have launched a test phase of In-Store Connect by Quad in 15 stores with The Save Mart Companies and are rolling out testing phases with two additional grocery chains by year end. “In the third quarter, we also announced an exciting collaboration with Google Cloud to launch AI-powered solutions that will enable brands to create highly personalized content at scale across multiple marketing channels. By combining our data expertise with Google Cloud’s advanced AI capabilities, we not only will improve audience targeting, but will also reimagine how brands connect with consumers through streamlined, automated solutions that drive impactful results without compromising their unique brand voice.
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Clearwater Paper Releases 2024 Sustainability Report, Highlighting Progress and Achievements

Clearwater Paper Corporation released its 2024 Sustainability Report, an annual update on the company’s progress against their multi-year sustainability goals. Aligned with the company’s strategic sustainability framework, Everyday Responsibility, the report details sustainability work and initiatives spanning three distinct yet equally important pillars: Resource Stewardship, Trusted Products, and Thriving People and Communities. “Reflecting on 2023, I am pleased with what we accomplished throughout the year,” said Arsen Kitch, president and chief executive officer. “All our people play a role – every day – in ensuring that we make and deliver excellent products in sustainable ways and work collaboratively with our stakeholders and each other.” This year’s report shares progress the company made throughout 2023, as well as impactful stories and achievements that exemplify Clearwater Paper’s commitment to Everyday Responsibility.
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Billerud Interim report January–September 2024

Comments by the CEO: The third quarter was another solid quarter for Billerud. As we had planned, our net sales grew, and profitability improved in both regions. The positive profitability trend we have seen from the beginning of the year continued. The Group’s EBITDA margin ended at 14%, our strongest result since Q4 2022. Production stability was solid in the quarter and our scheduled maintenance stops in three mills went according to plan. Yet again, region North America delivered an excellent financial performance with double digit sales growth and 18% EBITDA margin. All our categories in the US contributed to the strong result. In Region Europe, our fiber cost continued to increase, while most other input costs declined. Also for this quarter, we were successfully able to offset the cost inflation by proactive pricing and portfolio management for Europe. This is key and it will continue to be one of our top priorities going forward. Region Europe reached an EBITDA margin of 16%, the highest profitability in two years. Our efficiency enhancement program continues to deliver structural savings. Disciplined work to eliminate price point outliers in the customer base as well as to increase our field-purchased pulpwood in the vicinity of our Swedish mills produces positive effects.
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Drytac announces global availability of Paper Fleece Smooth

Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce the global availability of Paper Fleece Smooth. The product has proved hugely successful since initially launching in the UK earlier this year and will be made available to customers in other regions worldwide from October 24th 2024. This printable non-woven paper fleece wallcovering is PVC-free, making it an effective, environmentally friendly solution for interior décor work in settings such as homes, retail stores, hotels and offices. Its photorealistic print quality produces sharp, detailed graphics with quick drying times and is ideal for creating stunning, vivid designs.
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Avery Dennison Announces Third Quarter 2024 Results

“We delivered a strong third quarter with strong earnings growth, above expectations, driven by higher volume and productivity gains,” said Deon Stander, president and CEO. “Both our Materials and Solutions Groups delivered strong bottom-line growth. “In Intelligent Labels, we are delivering another year of strong growth and continue to see significant opportunity ahead. Adoption of our solutions in new categories is increasing, particularly in Food, as the value of our technology in helping address key industry challenges continues to resonate with customers. “We have raised our full-year outlook for adjusted earnings per share. We continue to remain confident that the consistent execution of our strategies will enable us to meet our long-term goals for superior value creation for all our stakeholders,” added Stander. “Once again, I want to thank our entire team for their continued resilience, focus on excellence and commitment to addressing the challenges at hand.”
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AF&PA Releases Q3 2024 Containerboard Quarterly Report

According to the report, total Containerboard production in Q3 increased 3% compared to Q3 2023. It was up 6% when compared to the same nine months of 2023. Operating rates for all major grades except Recycled Medium declined compared to Q2 2024, but total production was essentially the same between the two quarters. Production for export decreased nearly 15% from Q2 and was the lowest quarter so far in this year, but is still up more than 26% year-to-date due to the weak export numbers in the first half of 2023. Recycled Medium had a very strong quarter with production exceeding 1.9 million tons and the operating rate above 90% for the first time since Q2 2022. Semichemical Medium production on the other hand dipped below 1 million tons for the quarter due to particularly weak September numbers. New supply for Q3 increased 2.8% from Q2 and was the highest it has been since Q2 2022, with strong domestic production and imports indicating growing demand for containerboard stateside, compared to the slightly weaker exports.
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AF&PA Releases Q3 2024 Boxboard Quarterly Report

Total Boxboard production in Q3 increased 10% compared to Q3 2023. The boxboard operating rate was 89.0%, up 8.1 points from the same quarter last year and up 3.2 points year-to-date. Solid Bl. Folding – Domestic production increased 18% compared to Q3 2023. Solid Bleached Boxboard unmade orders were down 3% compared to the end of the previous quarter and increased 62% compared to September 2023. Tube, Can & Drum – Domestic production increased 1% compared to Q3 2023, and was up 1% when compared to the same 9 months of 2023.
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Tronox Reports Third Quarter 2024 Financial Results

Chief Executive Officer John D. Romano commented, “Tronox’s third quarter results demonstrated continued demand recovery compared to the prior year, though ultimately came in below our expectations as a result of softer than anticipated market conditions as the pace of the recovery slowed late in the quarter. Orders in North America and Latin America met our expectations, while demand in Europe and Asia Pacific was softer than forecasted in the last month of the quarter. Our TiO2 volumes declined 7% sequentially, outside our guidance of a 2-4% decrease compared to the second quarter. Zircon volumes declined 12% sequentially, below our expectation of relatively flat volumes compared to the second quarter, due partially to orders rolling from the third quarter to the fourth quarter as well as weaker than expected demand in China. “On operations, we successfully achieved our targeted average production utilization rate of ~80% for the quarter. However, we have not yet seen the benefit of the lower cost inventory flowing through due to weaker than forecasted demand. The impacts from a weaker market environment along with higher freight costs drove the miss relative to our previously guided range of $145-165 million, resulting in a third quarter Adjusted EBITDA of $143 million and an Adjusted EBITDA margin of 17.8%. Lower sales volume also drove higher finished goods inventory, resulting in a neutral impact from working capital in the quarter.”
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UPM Interim Report Q3 2024:Comparable EBIT +32% from last year in a challenging market

Massimo Reynaudo, President and CEO, comments on the results: "Our Q3 results improved both year-on-year and quarter-on-quarter, with a significant contribution from the fully ramped-up UPM Paso de los Toros pulp mill. The earnings improvement, albeit good, was lower than earlier expected as the market demand of our products slowed down after the encouraging start of the year. We took measures in several of our businesses to safeguard profitability and we continue to take decisive actions to ensure the competitiveness of our businesses and support our growth ambitions. Our Q3 sales were EUR 2,521 million and our comparable EBIT increased by 32% to EUR 291 million. Our net debt was EUR 2,804 million, 1.59 times EBITDA. Cash funds and unused committed credit facilities totalled at EUR 3.7 billion at the end of the quarter, following the successful issuance of our fourth Green Bond, for EUR 600 million, in August."
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Berry and Glatfelter Announce Information for Anticipated Completion of Spin-Off and Subsequent Merger of Berry’s Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

Berry Global Group, Inc. and Glatfelter Corporation announced that Berry has set a record date of the close of business on November 1, 2024 for the proposed spin-off of its Health, Hygiene and Specialties Global Nonwovens and Films business. The spin-off and merger of Berry’s HHNF Business with Glatfelter are expected to be completed on November 4, 2024, subject to the satisfaction or waiver of the closing conditions for the transaction. As previously announced, in connection with the merger, Glatfelter will effect a reverse stock split and change its name to Magnera Corporation. Subject to the satisfaction or waiver of the closing conditions, on November 4, 2024, (1) Berry will distribute all of the shares of stock of its wholly owned subsidiary that owns the HHNF Business to Berry stockholders as of the close of business on the November 1, 2024 record date by means of a pro rata distribution, (2) Spinco will merge into a subsidiary of Magnera, and (3) the shares of Spinco distributed to Berry stockholders will convert into the right to receive Magnera shares, as illustrated in the hypothetical below. Upon completion of the merger, Berry stockholders are expected to collectively own approximately 90% of the outstanding shares of Magnera common stock on a fully-diluted basis, and current Glatfelter shareholders are expected to collectively own approximately 10% of the outstanding shares of Magnera common stock on a fully-diluted basis.
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Publishers Join with Worldwide Coalition to Condemn the Theft of Creative and Intellectual Authorship by Tech Companies for Generative AI Training

The Association of American Publishers (AAP) joined forces with more than 10,000 creators and coalition partners, including authors, musicians, actors, artists, and photographers, to condemn the theft of creative and intellectual authorship by big tech companies for use in their Generative AI models. In fact, these consumer-facing models and tools would not exist without the books, newspapers, songs, performances, and other invaluable human expressions that were—and continue to be—copied, ingested, and regenerated in blatant disregard of the law. This is a crucial time for AI policy development globally, as authors and their publishers call on their governments and courts to uphold the most fundamental of copyright principles: Reproducing works of authorship, and creating derivatives of them, requires the clear consent of those who created, invested in, and otherwise made them possible in the first place. “The Association of American Publishers is proud to stand with thousands of creators and partner organizations to highlight that human authorship is the basis of Generative AI,” said Maria A. Pallante, President and CEO. “What is true is that creators operate in service to a well-read, informed, and inspired global public, not the unsanctioned, unregulated profits of big tech companies. It goes without saying that technology collaborations are a key part of publishing, but they are built on lawful licenses and respect, not a land grab.”
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Streamlining FSC-certified companies’ EUDR journeys: Critical EU updates

The European Commission announced a proposal for an extra 12 months of phasing-in time of the EUDR. FSC continues to strongly support the creation of deforestation-free markets, in Europe and worldwide, while underlining the continued urgency of swift action to prevent deforestation. Read our response here. FSC remains committed to supporting EUDR implementation and business compliance in the timber and rubber value chains and we encourage companies to continue their preparations. To do so, the following critical updates, clarifications, and resources, recently released by the Commission complements FSC’s mission to streamline the compliance journey. All these materials can be found on the revamped EUDR website. Guidance document: This long-awaited, non-binding guide complements the EUDR text and will be useful for both operators and Competent Authorities. It features sections for legality, timelines, certification systems, and product scope.
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ATA Truck Tonnage Index Decreased 2.1% in September

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 2.1% in September after rising 1.7% in August. In September, the index equaled 113.2 (2015=100) compared with 115.6 in August. “After increasing a total of 2.1% in July and August, tonnage fell by that amount in September,” said ATA Chief Economist Bob Costello. “Freight has been very choppy this year, but despite the latest drop, tonnage is up 1.8% since hitting a low in January. No doubt, the climb up has been slow and difficult as manufacturing activity remains flat, but the trend is up, not down.” August’s increase was revised down slightly from our September 24 press release. Compared with September 2023, the index fell 0.9%, after rising 0.6% in August from a year earlier.
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Packaging Corporation of America Reports Third Quarter 2024 Results

Packaging Corporation of America reported third quarter 2024 net income of $238 million. Third quarter net sales were $2.2 billion in 2024 and $1.9 billion in 2023. In the Packaging segment, corrugated products shipments per day were up 11.1% over last year’s third quarter and total shipments, with one additional shipping day, were up 12.9%. Shipments per day were up 5.8% versus the second quarter of 2024 and total shipments, with one less shipping day, were up 4.1%. Containerboard production was 1,293,000 tons, and containerboard inventory was up 25,000 tons from the third quarter of 2023 and down 3,000 tons compared to the second quarter of 2024. In the Paper segment, sales volume was up 4% versus the third quarter of 2023 and up 5% versus the second quarter of 2024. Commenting on reported results, Mark W. Kowlzan, Chairman and CEO, said, “In the Packaging segment, we had great implementation of our previously announced containerboard and corrugated products price increases. Very strong demand throughout the quarter led to all-time quarterly records for containerboard production, total box shipments and shipments per day. We were able to meet this demand, and our customers’ quality and service needs, through the operational benefits of our capital spending program and the continued great focus and execution by our sales, customer service, mill and corrugated products plant employees. Our Paper segment had excellent results with our previously announced price increases implemented as planned, volume above forecasted levels, and well-managed mill operations. Fortunately, none of our facilities were significantly impacted by the two hurricanes during the quarter.”
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Stora Enso decides to discontinue the divestment process of its Beihai production site in China (Inside information)

Stora Enso has decided to discontinue the divestment process for its Beihai packaging board production site and forestry business, announced in December 2022. Stora Enso is of the view that the value in own use of the assets exceeds the achievable transaction value, and has therefore chosen to retain these operations within the Group. Stora Enso’s strategic ambition is to build on its global leading position in the fiber-based packaging market. The business of the Beihai site will be developed through a continued focus on operational excellence, cost optimisation, and product development. By adjusting the product mix to increase the share of liquid packaging board and other premium grades, the Beihai site will strengthen Stora Enso’s leading position as a global supplier. No significant capital expenditure is expected in the mid-term.
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SCA is committed to SweTree Technologies’ pilot facility for SE plants

SCA has become a co-owner of SE technology and the pilot facility developed and operated by SweTree Technologies. With SE technology, it is possible to quickly and efficiently produce more plants from the best seed material from forest breeding. SweTree Technologies is running a pilot project to develop automated plant production via Somatic Embryogenesis (SE) in collaboration with forestry companies Stora Enso, Sveaskog, Södra, and Holmen. Now, SCA has also joined the project as an SE company and become a co-owner of SE technology and the pilot facility developed and operated by SweTree Technologies. So far, the development has focused on spruce plants, but with SCA's involvement, SweTree has also started the development of SE technology for pine. This is being done jointly with all participating companies, parallel to the ongoing development for spruce.
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RYAM Restarts Jesup A Line Ahead of Schedule; Full Operations Anticipated around October 28th

Rayonier Advanced Materials Inc., a leader in High Purity Cellulose, announced that power has been fully restored to its Jesup, Georgia site and that the A Line has restarted operations. The A Line, which primarily produces cellulose specialties for use in filtration, food and pharmaceuticals, and tire cord, is currently operating at approximately 80 percent capacity, with an anticipated ramp-up to full capacity within a week. Repair work on the B line is ongoing and is expected to be completed with a restart on or around October 28. The Company continues to assess the financial cost of the incident along with any potential insurance recovery. Further financial updates will be provided during its third-quarter earnings call in early November.
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Rottneros interim report January-September 2024

Statement by the CEO: Our production remained relatively stable in the third quarter, but rising raw material costs continued to negatively impact our earnings. Although the chemical pulp market experienced a slight slowdown, our customers continue to show interest in expanding volumes in our chosen niches. All three major investment projects at our mills are starting up this fall. As before, safety, efficiency, and high availability at our mills are of the utmost importance to ensure that our employees feel safe in their workplace and can achieve optimal results despite external challenges. Total production for the group increased by 2 percent compared with the same quarter last year. EBIT fell by 9 MSEK to 40 MSEK, mainly due to higher wood costs, which increased by about 40 MSEK. Gradually rising competition for pulp wood is driving prices upward. Meanwhile, our own supply of wood and wood chips remains strong, largely due to our long-term efforts to foster close relationships with our suppliers, which are mainly sawmills and timber companies.
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Avery Dennison Announces Third Quarter 2024 Results

“We delivered a strong third quarter with strong earnings growth, above expectations, driven by higher volume and productivity gains,” said Deon Stander, president and CEO. “Both our Materials and Solutions Groups delivered strong bottom-line growth. “In Intelligent Labels, we are delivering another year of strong growth and continue to see significant opportunity ahead. Adoption of our solutions in new categories is increasing, particularly in Food, as the value of our technology in helping address key industry challenges continues to resonate with customers. “We have raised our full-year outlook for adjusted earnings per share. We continue to remain confident that the consistent execution of our strategies will enable us to meet our long-term goals for superior value creation for all our stakeholders,” added Stander. “Once again, I want to thank our entire team for their continued resilience, focus on excellence and commitment to addressing the challenges at hand.”
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REI Co-op announces lineup of new store openings in 2025 and an early peek at 2026

Specialty outdoor retailer REI Co-op today announced its lineup of 2025 store openings as part of the company’s efforts to support the active lifestyles of its membership and outdoor communities. Stores will open in six communities next spring and summer, including the California cities of Carlsbad, Chico and Elk Grove as well as in Amherst, New York; Durango, Colorado; and Lynnwood, Washington. The company also shared its intent to open in Prosper, Texas in 2026, which joins a previously announced St. George, Utah store. Additional stores for 2026 will be announced as leases are finalized. “Our store employees are the heart of the co-op, and they welcome everyone to experience our product expertise, resources and inspiration in support of an active lifestyle,” said Mary-Farrell Tarbox, REI vice president of Stores. “Cities that will have new stores represent communities that serve as a gateway to some of the country’s most incredible natural places and where our members currently live or destinations where they love to play outside.”
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Mittera Acquires Rex3, Expands Into Trading Cards and Collectibles

Mittera announces the acquisition of Rex3, a Florida-based commercial printer known for its expertise in specialty print production, direct mail, and trading card manufacturing. This acquisition strengthens Mittera’s portfolio of services while providing Rex3 clients access to Mittera’s national platform and integrated technology and creative service solutions. “This acquisition allows us to accelerate our growth strategy by adding specialized manufacturing capabilities and tapping into the surging collectibles market,” said Jon Troen, CEO of Mittera. “Rex3’s clients will now benefit from Mittera’s nationwide footprint and cutting-edge technology, ensuring we meet the evolving needs of today’s marketplace.”
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Quad amends and extends bank debt agreement to October 2029

Quad/Graphics, Inc. announced that it has completed the ninth amendment to the Company’s April 28, 2014, bank debt agreement to: (1) reduce the aggregate amount of the existing revolving credit facility from $342.5 million to $324.6 million, and extend the maturity of a portion of the revolving credit facility such that $17.7 million under the revolving credit facility will be due on the existing maturity date of November 2, 2026 and $306.9 million under the revolving credit facility will be due on October 17, 2029; (2) extend the maturity of a portion of the existing term loan facility such that $14.5 million of such term loan facility will be due on the Existing Maturity Date and $351.3 million will be due on the Extended Maturity Date; (3) make certain adjustments to pricing, including an increase of .50% to the interest rate margin applicable to the loans maturing on the Extended Maturity Date; and (4) modify certain financial and operational covenants. Tony Staniak, Quad Chief Financial Officer, said: “We are pleased to have completed the amendment and extension of our $690 million bank debt agreement, which extends the maturity to October 2029, due to our strong relationships with a syndicate of premier banks and our disciplined financial management. By the end of 2024, we anticipate we will have reduced our debt by over $670 million, or 65%, from January 1, 2020, and we will continue to focus on debt reduction with our capital allocation. This debt extension provides us with additional financial flexibility to focus on the growth and development of our offerings as a marketing experience company while returning capital to our shareholders.”
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Kimberly-Clark Announces Third Quarter 2024 Results

"Our third quarter results reflect strong execution across the business as we transform our organization," said Kimberly-Clark Chairman and CEO, Mike Hsu. "I'm very proud of our teams' ability to deliver organic top-and-bottom-line growth, driven by market share gains and improved productivity, even against the backdrop of a dynamic consumer environment." Hsu continued, "With our Powering Care strategy in full swing, we are accelerating our innovation pipeline and reducing costs to deliver higher-quality consumer solutions for every price point, and simplifying our operational structure so that we can be faster and more responsive in our markets. We are on track to deliver strong operating profit, margin, and EPS growth in 2024 while investing to maintain our business momentum into 2025." Quarter Highlights: *Net sales of $5.0 billion were down 4 percent, with organic sales growth of 1 percent versus the prior year. *Reported gross margin was 36.0 percent, adjusted gross margin was 36.7 percent, up 90 basis points versus the prior year, driven by strong gross productivity gains.
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Companies Move Away From Single-Use Plastics in Packaging

The push to reduce single-use plastics in packaging has gained momentum as companies respond to growing pressure from legislation, corporate sustainability goals, and shifting consumer preferences. Companies are largely moving towards alternatives like paper-based packaging, yet there are both benefits and challenges to this transition, particularly around recyclability. Governments and organizations worldwide are enacting legislation to reduce plastic waste, driven by the environmental impact of single-use plastics, which contribute to pollution, climate change, and harm to wildlife. For example, recent U.S. policies aim to limit plastic pollution, reflecting a broader trend of regulatory action against single-use plastics. The U.S. federal government is the largest buyer of consumer goods in the world. A report released by the administration in July detailed the administration’s plan to phase out federal purchases “of single-use plastics from food service operations, events, and packaging by 2027, and from all federal operations by 2035.” The report says this action could significantly impact the supply of plastic products, while the government seeks tougher regulations on plastics manufacturers.
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New measures are needed to strengthen the state of nature in forests

The first results of the Natural Resources Institute Finland on the forests of Metsä Group's owner-members demonstrate the need for new initiatives that increase biodiversity. According to indicators, biodiversity in forests has developed both positively and negatively over the past decades. Based on the results, the number of trees and also deciduous trees has increased significantly. The increase in the number of trees based on our native tree species indicates a positive development for their companion species. Increasing the proportion of deciduous trees is an important measure in adapting to climate change and also significant for the health of forests. It is good to regenerate forests into mixed forests using, for example, pine-spruce mixed cultivation, as well as increasing the share of birch through natural regeneration. In addition, it is increasingly important to protect less common deciduous trees in order to safeguard biodiversity.
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Guess launches online recycling program

Guess Inc. is stepping up its sustainability efforts with the launch of “Guess Again,” a new apparel recycling program for U.S. online customers. The program launched Oct. 10 in partnership with textile recycling platform SuperCircle. Going forward, Guess will let consumers recycle pre-owned clothing from any brand, participating in a broader circular economy for retailers. Through the Guess website, customers can request a shipping label to send in unwanted clothing. In return, they receive Guess credits for future purchases. From there, SuperCircle handles the rest of the process. Later steps include collecting and sorting the clothes, as well as disassembling them. Then, materials are sent to recycling partners that specialize in different fibers.
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PEFC achieves a major milestone in the recognition process of RED II by the European Commission

On 11 October 2024, the European Commission announced the positive technical assessment for the PEFC RED II certification. The European Union’s (EU) Revised Renewable Energy Directive (RED II) is the Directive (EU) 2018/2001 of 11 December 2018 on the promotion of the use of energy from renewable sources. Under RED II, the European Commission (EC) can recognise voluntary certification schemes as compliant with the rules included in the RED II to help verifying that the production of fuels and energy from forest biomass complies with the EU sustainability criteria as well as relevant methodologies. By using voluntary certification schemes, participating economic operators can demonstrate their compliance with the RED II sustainability and greenhouse gas saving criteria and provide the necessary assurances. To achieve recognition from the European Commission, PEFC has developed a set of new standards: the PEFC RED II standards. The PEFC RED II scheme is built up over the PEFC Chain of custody. PEFC RED II certification covers forest biomass, ligno-cellulosic material derived from processing residues originating in forest-related industries, waste, and biomass fuels produced from ligno-cellulosic material for heating, cooling, and electricity production.
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Crown Holdings, Inc. Reports Third Quarter 2024 Results

Net sales in the third quarter were $3,074 million compared to $3,069 million in the third quarter of 2023 reflecting higher shipments of both global beverage cans and food cans in North America, offset by lower volumes in most other businesses and unfavorable foreign currency translation of $9 million. Income from operations was $444 million in the third quarter compared to $374 million in the third quarter of 2023. Segment income in the third quarter of 2024 was $472 million, up 10%, compared to the $430 million in the prior year third quarter driven by improved results in global beverage operations, partially offset by the impact of lower volumes in Transit Packaging and the beverage can equipment business. Commenting on the quarter, Timothy J. Donahue, Chairman, President and Chief Executive Officer, stated, "The Company continued its strong 2024 performance during the third quarter, with results in each of its global beverage can businesses exceeding original expectations. Global beverage shipments improved 5% during the quarter, with Brazil, Europe, Mexico and the United States all recording increases of 5% or more. Segment income on a combined basis advanced 10% over the prior year third quarter, as the Company benefited from favorable manufacturing performance and exposure to a well-balanced portfolio of end markets. Transit Packaging performed in line with expectations while global manufacturing activity continues in contraction.
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Huhtamaki Expands Its Capacity for Fiber Lid Production to Lurgan, Northern Ireland

Huhtamaki is pleased to announce the commencement of smooth molded fiber (SMF) production at Huhtamaki’s existing molded fiber facility in Lurgan, Northern Ireland. This expansion marks an important step in Huhtamaki’s ongoing commitment to meeting the growing demand for sustainable packaging solutions.  This investment will increase Huhtamaki's global capacity and footprint in SMF products, complementing our existing SMF production sites in Germany, Holland, and the USA, as well as capacity created together with our strategic partners in Asia.  Building on Huhtamaki’s 40-year of experience in fiber products, our in-house state-of-the-art SMF technology provides products with superior quality and competitiveness. All Huhtamaki fiber lids come with a patented and unique click-fit function to ensure the most secure lid closure. Huhtamaki fiber lids, like all other Huhtamaki SMF products, are home compostable and easy to recycle. 
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Transport packaging with 70% Post-Consumer Recyclates (PCR) nominated for the PackNorth Award

The cutting-edge plastic film, designed to provide outstanding load stability, features 70% Post-Consumer Recycled (PCR*) content – a significant step toward circularity in transport packaging. By incorporating 70% PCR, the Stretch hood Loop70 demonstrates that sustainability and high performance can go together. Our customers can continue to rely on the same exceptional load stability and safety, ensuring protection for both goods and drivers, while significantly reducing the environmental footprint. The Stretch hood Loop70 is more than just another product – it represents our commitment to circularity and carbon reduction. At Trioworld, we are constantly pushing the boundaries of packaging innovation, combining circular solutions with industry-leading performance. By optimising film thickness and integrating recycled materials, we are setting new standards for tomorrow’s packaging solutions – making them available already today.
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Norske Skog: Higher market share in challenging publication paper market

Norske Skog’s EBITDA in the third quarter of 2024 was NOK 91 million, a decrease from NOK 471 million in the second quarter of 2024. Norske Skog implemented price increases for both containerboard and newsprint during the quarter to mitigate continued cost increases. Norske Skog received excellent feedback from containerboard customers as deliveries continued to grow. Despite signs of positive market developments for Norske Skog in the publication and containerboard markets, these markets are still experiencing excess capacity, thus closures are still required. “We are receiving excellent feedback from our customers on the quality of our containerboard products, which bodes well for our plan to deliver a total of 760,000 tonnes of packaging paper from Bruck and Golbey to the market in the coming years. We are particularly pleased to have strengthened our position in the newsprint market by increasing our market share through higher sales volumes in the third quarter of 2024 compared to the same quarter last year, especially in a declining market for publication paper,” says Geir Drangsland, CEO of Norske Skog.
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Wiley Launches New Partnership Innovation Program to Deliver AI Advantages for Researchers and Practitioners

At the Frankfurt Book Fair, Wiley announced the launch of Wiley AI Partnerships: A Co-Innovation Program. This initiative aims to develop new AI applications, assistants, and agents in partnership with innovative companies, to empower researchers and practitioners and help drive the pace, efficiency and accuracy of scientific discovery. A new Wiley survey revealed that 69% of researchers want to keep up with or be ahead of the curve in AI adoption in their field. At the same time, they require better tools to streamline their research and are looking for guidance and training about how to use AI responsibly and effectively. This new program is intended to help solve these challenges in collaboration with partner companies and researchers with the goal of improving the efficiency and caliber of research worldwide. “Researchers and practitioners are seeking more than generic AI tools – they need relevant applications that enhance and support their research endeavors. This new partnership program is designed to meet these needs by inviting collaboration with start-ups and scale-ups to deliver specialized AI solutions,” said Josh Jarrett, Senior Vice President and General Manager for AI Growth at Wiley. “Our goal is to accelerate AI tool development to unlock new discoveries, empower researchers to uncover hypotheses, run analyses at scale, simulate experiments before wet lab investment, connect findings to existing research, and enable global collaboration.”
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HMH Launches New Generative AI-Powered Classroom Engagement Tool to Support Whole Class Instruction

Adaptive learning company HMH today announced HMH Classcraft’s TM AI Summarization tool, which allows teachers to quickly understand student comprehension and adapt instruction in the moment. This innovative tool, powered by generative AI, analyzes open text responses from students working in small groups or individually and provides educators with a quick and insightful summary of how the class is doing, followed by helpful feedback recommendations. This new functionality makes it easier for educators to use proven instructional strategies like “turn and talk,” a common teaching method where peers discuss relevant classroom content with one another. Classcraft allows students to submit written comments during turn and talk conversations, which are then intelligently summarized by the GenAI and shared with the educator.
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Introducing Savvas PathMaker, a Complete Learning Solution for College and Career Readiness

Savvas Learning Company, a next-generation K-12 learning solutions leader, is excited to introduce Savvas PathMaker, a brand-new, all-in-one solution for college and career readiness that gives students a head start on post-high school success. Designed to offer flexibility for educators and choice for students, Savvas PathMaker delivers an exciting array of online dual-enrollment and career and technical education (CTE) courses that enable students to create their own personalized pathways and gain the skills and confidence to become college and career ready. Featuring the award-winning Outlier by Savvas dual-enrollment courses and the robust catalog of innovative Savvas CTE courses, including many that prepare students for industry-recognized certification exams, Savvas PathMaker gives students the opportunity to discover their passions, develop skills and knowledge, and prepare for the next stage of their life, whether that be college, career, or both.
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Metsä Board develops new lightweight micro-flute packaging for HejBuddy cosmetics brand

Metsä Board, a leading European producer of premium fresh fibre paperboards, has developed a multipurpose, space-saving promotional packaging for HejBuddy, a Finnish cosmetics brand. Offering flexibility and luxury appeal, the new lightweight packaging is made of micro-flute corrugated board using Metsä Board’s white kraftliner. The new packaging is 50% lighter than a traditional rigid box made of recycled fibres. Traditionally, rigid boxes are imported from Asia as assembled packaging, which requires a lot of container space. The new packaging developed by Metsä Board requires minimal storage capacity as it can be easily folded into a box when necessary. Once the packaging has been used, it can be unfolded and recycled easily.
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Mondi Trading Update Q3 2024

Mondi provides an update on trading for the three months to 30 September 2024 (“Q3 2024”). Underlying EBITDA for the quarter was, as expected, lower than the previous quarter, at €223 million (Q2 2024: €351 million). This was primarily due to more planned maintenance shuts and a forestry fair value loss, which together resulted in a difference between the third quarter and second quarter of approximately €90 million. This was in addition to softer seasonal demand and higher input costs. Selling prices in Corrugated Packaging and Flexible Packaging were higher when compared to the previous quarter due to the implementation of paper price increases earlier in the year. After a recovery in pricing at the start of the year, pulp and paper selling prices in Uncoated Fine Paper declined in the quarter. Andrew King, Chief Executive Officer, said: “While we are seeing the benefits from the increase in prices earlier this year across our key paper grades, trading conditions remain muted against the backdrop of an uncertain macroeconomic environment. In the fourth quarter there will be fewer planned maintenance shuts, and we expect the normal seasonal pick-up in demand.
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Postal Service Ready to Deliver for 2024 Holiday Season

The U.S. Postal Service is primed and ready to deliver exceptional service during the 2024 holiday rush, thanks to the substantial progress USPS has made under the Delivering for America plan — a $40 billion investment aimed at revitalizing the national postal network. Throughout 2024, USPS has been relentlessly working toward the objectives of its 10-year Delivering for America plan. By harnessing the power of network modernization, an upgraded delivery fleet and the successful launch of the USPS Ground Advantage and USPS Connect services, the Postal Service is building a reenergized, nationwide integrated mail and package network.
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REI Co-op Urges Washington Voters to Reject Ballot Initiative 2117

As a co-op, we often ask our members, employees and broader community to support policies that enable everyone to enjoy time outside. In recent years, we’ve collectively supported the protection of 246 million acres of U.S. lands and waters; $45 million in federal funding for safe trails to bike and run; and more than $1 billion in funding for state parks. Today we are raising our collective voice in opposition to Washington Ballot Initiative 2117. If ratified by voters in a few weeks, I-2117 would strip billions of dollars in climate investments across our home state—draining programs that support air quality, transportation, wildlife habitats, wildfire prevention, recreation infrastructure, and the health of our public lands and waters.
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Amazon Ads Launches New AI Tools for Advertisers – AI Creative Studio and Audio Generator

At unBoxed 2024, Amazon Ads introduced AI creative studio and Audio generator, two new generative AI tools designed to lower creative barriers and expand opportunities for advertisers to scale their reach. By building a suite of self-service, AI-powered tools, Amazon Ads is enabling brands of all sizes to create engaging content across media types and eliminating boundaries across ad formats. With Audio generator, Amazon Ads expands its suite of AI-powered creative tools – including Image generator and Video generator – empowering brands to connect with customers across the shopping journey. These tools make it simple to build and activate new campaign creatives, helping brands experiment more freely and optimize based on performance – with little more than the information on their Amazon product page. According to Amazon Ads findings, on average, brands who used Image generator between October 2023 and June 2024 saw almost 5% more sales per advertiser.
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A call to dialogue: How can we make the forest sector increasingly sustainable?

Metsä Group recently launched a national media campaign “Growth, with a future”. It comes at a time when the requirements for sustainability communication are becoming increasingly strict due to stricter regulation and critical attitudes. As things stand, many marketing professionals may consider a campaign communication strategy known as greenhushing. It means that companies opt to remain silent about sustainability themes to avoid critical attention. This approach may be adopted accidentally, or it may stem from not knowing how to communicate about sustainability, with our world and its regulations in a continuous flux. Greenhushing may also be a conscious choice. Things that just a few years ago were considered typical marketing measures can easily be labelled as greenwashing today. What may seem like minor miscalculations can quickly blow up into a media storm and lead to reputational damage. It’s positive that people today are more conscious, and that greenwashing is recognised more easily. This encourages businesses to pursue genuine sustainability efforts and prevents communication becoming empty words.
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Canfor Pulp Announces President and CEO

John Baird, Chairman of Canfor Pulp Products Inc. Board of Directors announced that Stephen Mackie has been appointed President and Chief Executive Officer of Canfor Pulp effective November 1, 2024. “With almost twenty years at Canfor and 30 years in the forest products industry, Stephen is a proven executive with an extensive background in operations,” said John Baird. “We are very pleased that Stephen has agreed to take on this important role and we believe that his in-depth knowledge of the fibre dynamics in BC make him particularly well positioned to lead Canfor Pulp at this time.” Mr. Mackie will also retain his responsibilities as Executive Vice President, North American Operations of Canfor Corporation.
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Adobe Puts Greater Power & Possibility in Hands of Creators, Teams & Marketers at Adobe MAX 2024

Adobe brought together the global creative community for the kickoff of Adobe MAX 2024 – the world’s largest creativity conference – where it introduced over one hundred new Creative Cloud features, including groundbreaking capabilities powered by Adobe Firefly that offer creators unprecedented power to create, collaborate and conceptualize ideas while empowering them to work more productively. Major updates to Adobe Express and an all-new Frame.io deliver new workflows to streamline collaboration for creative teams and their stakeholders. Adobe announced a new Firefly Video Model (beta) and breakthroughs in its Firefly Image, Vector and Design models, delivering significant enhancements to its family of generative AI models that are designed to be commercially safe. For enterprises, Adobe announced the general availability of GenStudio for Performance Marketing, the latest application within Adobe GenStudio, an end-to-end content supply chain solution that optimizes the process of planning, creating, managing, activating and measuring content for marketing campaigns and personalized customer experiences.
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Google Puts Data-Retention Limits On Advertising

Google Ads will implement a data-retention policy on November 13 that limits historical data access to 11 years. Data-retention policies have become a major point of contention between advertisers and the platforms they do business with. The industry trend toward shorter data cycles certainly played a role in Google’s decision as privacy concerns have mounted and global industry trials have increased.
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‘Ascending,’ Magazine For Women, Debuts In Print

Ascending magazine, a periodical designed to inspire and guide women throughout their professional careers, is about to launch its inaugural Fall/Winter 2024 print edition. Each issue will provide essays, stories, advice and interviews in a bid to challenge the norms of the digital landscape. The debut edition is now available as a single issue or as part of an annual subscription.
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Opinel reaffirms its commitment to sustainability of forest heritage through PEFC certification

Opinel, a symbol of French craftsmanship and proud ambassador of the Savoie region in France, has taken another step forward in its commitment to forest sustainability. During an official ceremony at its Chambéry workshops, the company was awarded PEFC certification, confirming that the wood used in its iconic knives comes from sustainably managed forests and controlled sources. For 135 years, world-renowned company Opinel, has continued to stand out for its local roots, unique expertise, and environmentally friendly approach. The achievement of PEFC certification strengthens this historic commitment.
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Silgan Completes Acquisition of Weener Packaging

Silgan Holdings Inc. announced that it has completed its acquisition of Weener Plastics Holdings B.V., a leading producer of differentiated dispensing solutions for personal care, food and healthcare products. Weener operates a global network of 19 facilities predominantly in Europe and the Americas, with approximately 4,000 employees and proprietary manufacturing technologies including significant clean room capabilities. The Company funded the purchase price for this acquisition and related costs and expenses through term and revolving loan borrowings under its senior secured credit facility, including a €700 million incremental term loan. Silgan expects to realize operational cost synergies related to the acquisition of approximately €20 million within 18 months. The transaction is expected to be slightly accretive to adjusted earnings per share in 2024, with approximately 10% accretion once fully integrated and with synergies achieved. Silgan is a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products with annual net sales of approximately $6.0 billion in 2023. Silgan operates 124 manufacturing facilities in North and South America, Europe and Asia.
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Smurfit Westrock creates Quality solution to drive down emissions for Nestlé

Smurfit Westrock has worked with Nestlé to launch an innovative, paper-based tub for its iconic Quality Street sweets this Christmas. The beautifully designed pack is the first of its kind to hit supermarket shelves. Nestlé approached the packaging leader to create the trial pack as part of its ongoing initiative to reduce virgin plastic. The redesign also enables more boxes to fit on a pallet and has the potential to reduce CO2 emissions significantly. The introduction of the paper tub follows on from Nestlé switching to paper wrappers for the Quality Street sweets back in 2022, which diverted over 2 billion wrappers from landfill. Now, both the box itself and the wrappers can be put into household recycling at the end of use.
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Flint Group’s Evolution range helps Optimum Group excel in shrink sleeve recycling

Optimum Group, a leading supplier of self-adhesive labels and flexible packaging, has improved the recyclability of its shrink sleeves after adopting Flint Group’s Evolution range of primers and varnishes, designed to enhance packaging label recycling. Evolution Deinking Primer is applied to the substrate before the ink to provide strong ink adhesion throughout the life of the label. It enables the ink to be released (de-inked) into the recycling caustic wash and the substrate to be broken down into flakes, allowing for more than 99% recyclability. Marcel Tuyn, Technical Sales Manager at Flint Group, said, “Working with Optimum Group’s Wellen team has been a fantastic experience, and we’re delighted that they have achieved success thanks to our Evolution Deinking Primer.
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Mondi completes €95 million investment to boost efficiency and sustainability at Świecie containerboard mill

Mondi has recently completed a €95 million investment at its Świecie containerboard mill, which will increase kraftliner capacity by 55,000 tonnes. The upgrade comprises an extensive rebuild of paper machines PM2 and PM5, a new anaerobic treatment plant including an integrated cooling system, and upgrades to the pulp mill, the recycled fibre line and the energy recovery system. These improvements will allow the mill to meet growing customer demand for heavy-duty packaging for large and heavy products, enhance product quality, and bolster its environmental performance by decreasing water consumption and wastewater emissions and increasing energy efficiency. Since the project’s completion in June, Mondi Świecie has also expanded its ProVantage SmartKraft Brown portfolio with a broader range of grammage options.
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Sappi Europe joins Intergraf as an associate member strengthening industry collaboration and innovation

Sappi Europe recently announced that it has now joined Intergraf’s group of 22 national member associations and 15 associate members across 25 countries, which will further its role in promoting the European print industry. In the evolving print industry, Sappi strongly believes in the role of print for the next generation of readers, and for brands. People are hardwired to hold print—72% of people prefer printed material versus a digital version. It is viewed as 200% more intimate—people feel more valued when receiving printed mail over e-mail, and twice as likely to feel positive toward the sender. The return on investment speaks volumes—60% of people look up a brand online after receiving printed materials. With declining print volumes, Sappi acknowledges that the paper industry must provide value beyond the product by aligning with projects and organisations that further the unique strengths of the European printing industry.
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Lee Enterprises Recognizes Racine Union

Lee Enterprises has recognized the Racine NewsGuild as part of the Kenosha Newspaper Guild bargaining unit. This comes less than three weeks after the the Racine (Wisconsin) Journal Times newsroom announced plans to unionize. “We applaud Lee for the voluntary recognition agreement and hope it serves as a model to other newspaper employers dealing with new unions,” the union states. According to the union, four newsroom employees were laid off two days after the Racine NewsGuild went public.
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International Paper Announces Overwhelming Shareholder Approval in Connection with the Proposed Acquisition of DS Smith

International Paper is pleased to announce that it received the necessary shareholder approval for its pending acquisition of DS Smith. Earlier this week, DS Smith also received the necessary shareholder approval for the Combination. International Paper will report the final vote results of the special shareholder meeting in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the "SEC"). International Paper and DS Smith continue to expect the Combination to close late in the fourth quarter of 2024, subject to regulatory clearance and other customary closing conditions. "The overwhelming approval from both DS Smith and IP shareholders confirms the strong support of this combination," said Andy Silvernail, Chairman and CEO of International Paper. "Bringing the two companies together will create a true global leader of sustainable packaging solutions which will drive significant value for our employees, customers and shareholders."
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Ahlstrom has signed an agreement to divest Aspa pulp mill in Sweden to Sweden Timber

Ahlstrom has signed an agreement to divest its Aspa pulp mill in Sweden to Sweden Timber. The agreement includes the pulp mill and all its operations. This is a key step in Ahlstrom's growth transformation journey, reinforcing the company’s strategic commitment to sustainable specialty materials. Aspa pulp mill produces bleached and unbleached softwood pulp that is used in a broad range of applications in paper and sold globally. It has an annual capacity of approximately 200,000 tonnes and 174 employees. Several external parties have expressed interest in acquiring the Aspa plant throughout the years. For Ahlstrom, it was important to find an owner who has an interest in further developing the mill and ensuring its long-term success. Sweden Timber is a Swedish wood processing company with assets also in papermaking and wood composites.
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Wiley’s FY24 Environmental, Social, Governance (ESG) Report Highlights its Progress Towards a Sustainable Future Through Knowledge

Key highlights include: *Carbon Net-Zero by 2040: In FY24, Wiley’s net-zero strategy, based on targets validated by the Science-Based Targets initiative (SBTi), made solid progress through real estate optimization, energy efficiency upgrades, and supply chain engagement. *UN SDG Impact with Nearly 60,000 Published Articles: In 2023, Wiley published close to 60,000 articles aligned with the United Nations Sustainable Development Goals (SDGs), amplifying its impact on global challenges like quality education, reduced inequalities, and climate action. *Employee Engagement in ESG Initiatives: Wiley employees have contributed to ESG activities, with robust support from the company’s Employee Resource Groups (ERGs) and ESG working groups. *Leadership in Open Access: Authors continue to choose to publish their work in Wiley’s wide array of open access publishing options, ensuring broader exposure to scientific knowledge and supporting the company’s vision to share knowledge widely and inclusively. *Integrity in Publishing with AI Tools: The organization continues to embrace advancements in publishing technology by incorporating AI-driven tools to enhance research integrity.
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How the Cookieless Shift Reshapes the Advertising Industry

The advertising industry is being reshaped by a convergence of necessity, curiosity and opportunity, driven by consumer expectations for more privacy and advancements in technology. A new generation of performance advertising is emerging. Currently, 86% of users state that privacy is a high priority, and this number continues to grow. Mozilla and Apple have already responded to this demand by blocking third-party cookies completely, and now Chrome—the browser with the highest market share—is poised to dramatically increase the fraction of users who won’t allow third-party cookies to be set. This growing demand for privacy, combined with customer expectations for personalized interactions presents a challenge and opportunity for brands, requiring innovative solutions and a shift in thinking.
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An Ad Campaign that Uses Color Literally and Metaphorically

Pomegranate Inc., a brand known for its vibrant hand-block print home textiles, wanted to bring a cohesive and unified brand message to all its marketing channels. They needed a way to integrate their storytelling and aesthetic seamlessly across print, email, social media, and web platforms, making sure they resonated with their audience no matter the season. The forks are set at left, the knives at right. The tablecloth blooms with vibrant splendor, and the matching napkins are folded just so. It’s a feast for the eyes, even before the food comes out. But the most picture-perfect moments, the most memorable and colorful moments, are when the chairs are untucked.
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HMH’s 2024 Educator Confidence Report Traces a Decade of Educator Confidence and Attitudes Toward Technology

Adaptive learning company HMH today released the results of its 2024 Educator Confidence Report, marking a decade of this annual report that amplifies the voices of our nation’s educators and highlights the evolving challenges and opportunities in education. The report, based on responses from over 1,200 educators—including teachers and administrators—delves into critical K-12 issues, including mental health, compensation concerns, and the growing role of digital technologies, including generative AI, in transforming classrooms. Over the past 10 years, educators have remained resilient, committed to improving education, and open to adopting new technologies. However, many still feel negatively about the profession. In recent years, the mental health challenges that both students and teachers face have received greater attention, and our report findings underscore how pressing these issues continue to be for educators.
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Tredegar Surface Protection Launches Innovative Obsidian Automotive Protective Films

Tredegar Surface Protection, a subsidiary of Tredegar Corporation (NYSE:TG) and a leader in high-quality masking films, is excited to announce the launch of Obsidian Automotive Protective Films. Designed to meet the evolving needs of the automotive industry, these innovative films offer unparalleled performance and protection. The Obsidian line includes a range of protective films tailored for various applications: AUTOMOTIVE INTERIOR: Automotive Displays; Augmented Reality Films – Optical film for AR use inside the HUD device; Automotive Glass and plastic cover – 2D/ 3D dashboard, center console and rear seat entertainment; Anti-glare, Anti-reflection, and Anti-fingerprint – Surface coating protection. AUTOMOTIVE EXTERIOR: Automotive Glass - Windshield for AR HUD; Automotive Camera - Surface Protection on camera; Automotive Plastic Sheeting – Body and specific components.
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Novolex Unveils TamperFlag Containers that Keep Food Secure and Give Consumers Peace of Mind

Novolex®, an industry leader in packaging choice, innovation and sustainability, is introducing new clear containers that keep food fresh and secure while giving consumers peace of mind. The new TamperFlagTM rigid containers, made by Novolex brand Waddington® NorthAmerica (WNA), feature a tamper-evident “flag” that pops up and stays raised once opened. The feature alerts consumers that the container has been unsealed. “Our new TamperFlag containers deliver a fresh solution to safeguarding food and reassuring consumers about the security of a product,” said Sachin Shah, Senior Vice President and General Manager of Waddington North America. “This is yet another groundbreaking innovation that truly makes a difference for our customers —something we strive for every day at Novolex.” The TamperFlag is activated automatically in a single step when the hinge container lid is closed, creating an efficient packing process. When opened, the TamperFlag pops up and is visible to consumers, ensuring they can see if the container has been opened or tampered with. The containers can also be made with post-consumer recycled content, supporting the sustainabilty goals of Novolex customers.
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Georgia-Pacific Cuts the Ribbon on New $425 Million Dixie® Tableware Facility in Jackson, Tennessee

Georgia-Pacific today officially opened its new Dixie® tableware manufacturing site in Jackson, Tennessee. Initially announced in September 2022, the approximately $425 million facility is Georgia-Pacific's first new Dixie® greenfield plant build since the Bowling Green, Kentucky, facility opened in 1991. The plant will produce Dixie® and Dixie Ultra® products for retail and away from home customers – including plates, bowls, platters, and deep dishes. The Jackson plant will significantly increase the supply of disposable tableware products in the marketplace. Site clearing started in November 2022, with full construction beginning in 2023. Production officially began at the facility in June 2024.
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Miru Smart Technologies and Mativ Collaborate to Develop Innovative Electrochromic Window Technology

Mativ and Miru have announced a joint development agreement to commercialize a novel lamination interlayer for dynamic electrochromic windows (“eWindows”). This partnership will bring together technologies to simplify the manufacturing process and lower the cost of producing eWindows for glass fabricators and automakers worldwide. Smart window technology with on-demand tinting controls is revolutionizing the automotive industry by enhancing vehicle climate management and driver comfort. Miru’s eWindow technology is the only offering that meets growing consumer and regulatory demands for curved, neutral-color, low-haze, and energy-efficient glass. By dynamically adjusting tint levels, eWindows improve solar energy performance, reducing the need for air conditioning and heating within vehicles, and extending electric vehicle range substantially.
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Costco Wholesale Corporation Reports September Sales Results

Costco Wholesale Corporation reported net sales of $24.62 billion for the retail month of September, the five weeks ended October 6, 2024, an increase of 9.0 percent from $22.59 billion last year. This year's total and comparable sales for the retail month of September benefitted by approximately two percent in the U.S. and one and one-half percent worldwide as a result of the increased sales in the final week of the month due to abnormal consumer activity associated with Hurricane Helene and port strikes.
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Advertisers Saved $10.8B In 2023 Based On Industry-Wide Anti-Fraud Efforts (mediapost.com)

For the first time, a joint study spearheaded by Trustworthy Accountability Group (TAG) measured the entire digital advertising ad spend to estimate the fraud rate for invalid traffic (IVT). The joint study -- brought together by TAG with American Association of Advertising Agencies (4As), Association of National Advertisers (ANA), and Interactive Advertising Bureau (IAB) -- determined that by working together the digital advertising industry collectively saved an estimated $10.8 billion in 2023, dramatically reducing fraud related to IVT in U.S. display and video ad channels by 92%.
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Aptar Pharma Acquires Device Technology Assets of SipNose

Aptar Pharma announces that it has acquired all device technology assets from the proprietary portfolio of SipNose Nasal Delivery Systems, a company focused on intranasal delivery platforms for local, systemic and central nervous system indications. SipNose offers a variety of devices that are designed and adapted to fit a wide range of therapies and offer the opportunity to precisely target areas of the nasal cavity to enable enhanced systemic, local or even direct-to-brain delivery. SipNose’s expanded innovative delivery systems, which include liquid and dry powder intranasal delivery, will further strengthen Aptar Pharma’s nose-to-brain pathway expertise and fuel additional development and new scientific research.
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Pregis Deepens Commitment to Giving Back by Expanding Inspyre Product Line

Through its Pregis Inspyre™ product line, the company has taken steps to make a difference in communities worldwide. As a proud brand member of 1% for the Planet, 1% of the Inspyre product line sales are donated to the Uzima Clean Water Mission, a nonprofit organization working to bring clean drinking water to communities vulnerable to waterborne illnesses. Access to clean water is a critical global issue, and Pregis is committed to supporting Uzima’s mission to improve health and quality of life for those in need. “We believe that businesses should be a force for good. Through our Pregis Inspyre purpose-driven product offering, we are empowering customers to make product choices that create benefit to their operation and fuel meaningful change,” said Daché Davidson, CMO of Pregis. “Our partnership with Uzima helps ensure that communities around the world have access to clean water, a basic human right that so many still lack. This is just one way we’re extending our purpose to ‘inspyre’ positive change for people and the planet.”
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UPM Specialty Papers to display new co-created recyclable packaging solutions at PACK EXPO International 2024

Visitors will be able to explore an innovative portfolio of fibre-based, recyclable packaging papers that help customers and brand owners bring power to their purpose. These include a number of new and exciting solutions co-created with customers and expert partners from across the packaging value network. Demand for sustainable packaging continues to experience rapid growth. These co-creation projects are leading to recyclable, fibre-based breakthroughs that support packaging sustainability goals of brands and packaging converters.
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USPS Announces Recommended Mailing and Shipping Dates for 2024 Holiday Season

The following are recommended send-by dates for expected delivery before Dec. 25. 2024 Holiday Mailing and Shipping Dates for Items Sent to Addresses in the Contiguous United States (Lower 48 States): USPS Ground Advantage service: Dec. 18; First-Class Mail service: Dec. 18; Priority Mail service: Dec. 19; Priority Mail Express service: Dec. 21. 2024 Holiday Mailing and Shipping Dates for Items Sent to Addresses in Alaska and Hawaii: USPS Ground Advantage service: Dec. 16; First-Class Mail service: Dec. 18; Priority Mail service: Dec. 19; Priority Mail Express service: Dec. 20
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Adobe Introduces Adobe Content Authenticity Web App to Champion Creator Protection and Attribution

Adobe announced a new free web app, Adobe Content Authenticity, designed to help creators protect and receive attribution for their work with Content Credentials. Content Credentials are like a “nutrition label” for digital content, serving as secure metadata that anyone can attach to their work to share information about themselves and provide context about how their content was created and edited. Since founding the Content Authenticity Initiative in 2019, Adobe has championed the widespread adoption of Content Credentials as the industry standard for transparency in digital content, now supported by over 3,700 members. As concerns over misinformation and AI-generated deepfakes have grown, Content Credentials have become a valuable tool for publishers, allowing them to provide key information about digital content to helps consumers assess its trustworthiness. Now with the web app, Adobe is unlocking the full potential of Content Credentials, helping creators protect their work from misuse or misrepresentation and build a more trustworthy and transparent digital ecosystem for everyone.
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Octopus-inspired adhesive works well in wet conditions

In research published in Advanced Science, investigators drew inspiration from the octopus to develop an adhesive that achieves strong attachment and controlled release on varied substrates in wet and underwater environments. The feat could have numerous applications in fields ranging from healthcare and underwater robotics to infrastructure repair. By studying the octopus’s suckers—specifically, the exposed disc-like portion called the infundibulum—the researchers designed an elastic, curved stalk with a membrane that can change its shape and adhere to multiple surfaces. Underwater, the octopus-inspired adhesive strongly attached to complex objects from lightweight shells to large rocks and soft gel beads with different roughness, curvature, and hardness. The adhesive could be rapidly attached to these objects over many cycles and over long times and then be quickly released on demand.
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AAP July 2024 StatShot Report: Overall Publishing Industry Up 18.1% for Month of July, and Up 7.6% Year-To-Date

Total revenues across all categories for July 2024 were up 18.1% as compared to July 2023, coming in at $1.3 billion. Year-to-date revenues were up 7.6%, at $7.6 billion for the first seven months of the year. In terms of physical paper format revenues during the month of July, in the Trade (Consumer Books) category, Hardback revenues were up 25.5%, coming in at $221.4 million; Paperbacks were up 17.9%, with $271.4 million in revenue; Mass Market was down 14.0% to $11.2 million; and Special Bindings were up 13.8%, with $19.4 million in revenue.
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Meta Brings New GenAI Tools To Targeted Video Ads (mediapost.com)

For Advertising Week New York, Meta has introduced generative AI ad tools designed to help advertisers capitalize on changing user behavior across Facebook and Instagram; according to the tech giant, 60% of users' time on both platforms are now spent watching videos. Due to “advertiser demand” and promising adoption of the company’s recent Image Expansion tool, Meta is unveiling a Video Expansion feature, which will automatically let advertisers adjust video creative assets by “generating unseen pixels in each video frame to expand the aspect ratio.”
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Novolex Debuts Power Prep Bags and Rolls for Grab-n-Go Hot Sandwiches and Other Fare

Novolex® is launching Power Prep™ bags and rolls for grab-and-go hot sandwiches and other premium to-go fare. Manufactured by Bagcraft®, a Novolex brand, the new multilayered bags and rolls keep foods at the height of flavor as they are wrapped, frozen, thawed, reheated and held under heat at the point of sale. The bags ensure customers can savor delicious hot sandwiches, bagels and other fare that were prepared, wrapped and frozen at another location. Designed for convenience stores, supermarkets and other foodservice operators, Power Prep bags and rolls help satisfy America's growing hunger for top-quality prepared food to-go. They join Power Prep wraps, introduced in 2023, as the latest innovation from Bagcraft to provide packaging choices for grab-and-go foods.
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Stora Enso opens Dry Forming Production Unit in Skene, Sweden

The facility is the largest and most advanced of its kind, marking a significant milestone in sustainable packaging technology. Production is set to begin in Q4 2024 after successful large-scale testing. The Skene production unit utilizes an innovative dry forming process to produce high-performance formed fiber products, such as cup lids, designed to replace traditional plastics in food and beverage packaging. Unlike conventional wet forming, the dry process reduces water and energy consumption significantly, thus offering an even more sustainable manufacturing method for fibre-based packaging. Additionally, any excess material is recaptured and reused, ensuring a circular process with minimal waste.
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KnowledgeWorks Global Ltd. (KGL), a CJK Group Company, Acquires Accucoms International, B.V.

CJK Group, Inc. is pleased to announce that it has acquired Accucoms, the leading provider of sales and marketing services to academic and professional publishers, and integrated it with its comprehensive content solutions subsidiary, KnowledgeWorks Global Ltd. (KGL). Based in the Netherlands with teams operating in the UK, Europe, North America, Latin America, Middle East and North Africa, Turkey, India, China, South Korea and Southeast Asia, Accucoms specializes in global representation, tele-sales, training, and business intelligence services for clients ranging from large publishing houses to specialist society publishers. With a strong presence in key markets, Accucoms connects publishers with libraries and other information users to help expand their reach and impact.
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The Gilman Brothers Company Renews SGP Gold Patron Status

The Sustainable Green Printing Partnership (SGP) is pleased to announce that The Gilman Brothers Company, a leading manufacturer of foamboard products for signage and displays, has renewed its status as a Gold Patron. This renewal reflects the company’s continued dedication to sustainability and its leadership in integrating eco-friendly solutions within the printing and display industries. “We are excited to have The Gilman Brothers Company renew their commitment as a Gold Patron,” said Theresa Vanna, SGP Board Chair. “Their focus on environmental responsibility and their innovative approach to sustainability in materials manufacturing sets an example in the industry. We value their ongoing support and look forward to continuing our partnership to drive positive change.”
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Mondi to acquire Western Europe Packaging Assets of Schumacher Packaging

Mondi plc announces that it has entered into an agreement to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher Packaging1(“the Acquisition”). This Acquisition will expand Mondi’s corrugated footprint in Western Europe and add complementary fibre-based products, focused on eCommerce and FMCG, to enhance its existing customer offering. The Acquisition comprises seven corrugated converting plants, two solid board mills and four solid board converting plants. These operations complement Mondi’s existing network of corrugated plants across Central and Eastern Europe, adding over 1 billion square meters of capacity when fully operational. Among the acquired sites are two state-of-the-art mega-box plants in Germany, located at Ebersdorf and Greven, which have best-in-class production speed and operational efficiency as well as a highly skilled workforce with a culture aligned with Mondi’s.
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How Can Businesses Help Consumers Unravel the Myths Surrounding Recycling Practices

Despite being a common practice for decades, misconceptions about recycling – such as the belief that it mostly ends up in landfills, doesn’t make a difference, uses more energy than it saves, and is economically unviable – persist among consumers. To combat these myths, businesses can focus on education and clarity. They can simplify recycling processes by providing clear instructions, like those offered by the How2Recycle label, and using social media to raise awareness. Collaborations, like those between McKinsey and NielsenIQ, show that environmental claims on packaging can drive consumer interest. Sustana is a proud pioneer and leader in sustainability and circularity. We’re always looking to share our sustainable vision with our customers. We think the most effective time to educate and guide consumers on the best ways to recycle our sustainable fiber-based and paper products is all the time – not just when they’re about to discard a product and trying to remember how to recycle it.
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Your opinion matters – take part in our (PEFC) Market Survey!

From the forest to the marketplace, what matters most to your business when it comes to forest certification? We are conducting a brief survey to better understand what is important to you regarding forest certification, from responsible sourcing at the forest level to reaching the end consumer. Your feedback will help us enhance our value offering and shape future services. Whether you're a retailer, brand manufacturer, supplier, PEFC-certified company, or source PEFC-certified materials, please share your thoughts! The survey takes approximately 12 minutes to complete and is divided into three sections: Sustainability issues; Certification performance; Training needs and other areas. Take part in the survey at: https://www.surveymonkey.com/r/PEFCmarketSurvey2024
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Amcor achieves EcoVadis Gold medal

Amcor's overall score increased from 70 to 73, placing the company in the 95th percentile of all companies assessed by EcoVadis. This recognition highlights Amcor's extensive work and positions the company among the top 5% of all companies evaluated. Notably, Amcor ranks in the top 1% of companies in its sector for sustainable procurement. The EcoVadis Gold medal underscores the company's commitment to implementing impactful initiatives and achieving measurable progress throughout the year. David Clark, chief sustainability officer at Amcor, said, "We understand that our customers seek partners who not only share their values and support their strategic goals but also consistently demonstrate the highest standards. We are thrilled that EcoVadis has recognized Amcor's with a Gold medal. It serves as a testament to our dedication and the tangible progress we've made in our journey."
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Shapiro Administration Invests Half a Million Dollars in Flexopack USA to Build Company’s First American Manufacturing Facility in Lebanon County

Governor Josh Shapiro announced a significant investment of $500,000 from the Commonwealth to support Flexopack USA Inc. in establishing its first American manufacturing facility in Pennsylvania. This project will inject $33 million into the local economy and create at least 64 new, full-time jobs in Lebanon County. Based in Greece, Flexopack USA will construct a 107,000-square-foot, rail-served facility at 3010 Hanford Drive in North Lebanon Township, the first phase of a three-phase project. This initiative will expand the company’s packaging product manufacturing footprint into the United States, including its role as the primary packaging supplier for Pennsylvania-based poultry company Bell & Evans. "Pennsylvania is the best place in the country for businesses to grow, and I’m proud that Flexopack saw that when choosing the Commonwealth for its first U.S. manufacturing facility,” said Governor Shapiro. “I’m highly competitive, and I’m thrilled that our strong manufacturing and agriculture sectors helped us secure this project over Texas. We’re committed to making meaningful investments in our private sector to position Pennsylvania as an economic leader, create jobs, and bring manufacturing back to the United States.”
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An innovative cartonboard solution promotes the circular future of perfume packaging

Stora Enso's innovative cartonboard solutions are transforming the packaging landscape and helping our customers reduce plastics in their products. Hinojosa Packaging Galería Gráfica sought cartonboard that would mirror their customer’s sophisticated perfume with elevated and extraordinary packaging. By choosing Performa Brilliance™ as the packaging material, Hinojosa Packaging Galería Gráfica was able to create an elegant packaging solution perfectly fit for the product. As a testament to this successful collaboration, Stora Enso and Hinojosa Packaging Galería Gráfica were awarded Carton of the Year at the 2024 European Carton Excellence Awards. The European Carton Excellence Awards winner, the Origen Flor Natural cardboard case exemplifies sophisticated design by seamlessly blending elegant die-cutting with unmatched functionality -combining some of the innovative aspects that Stora Enso boards can offer. With Stora Enso material that is designed for high-end packaging applications, each carefully crafted detail enhances the unique consumer experience, reflecting the impeccable quality of the packaging.
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Sun Chemical Issues New Sustainability Report

The latest sustainability report shows Sun Chemical’s progress toward its goals of reducing greenhouse gas emissions by 50 percent by 2030, with 2013 as a baseline, and becoming net carbon neutral by 2050. Sun Chemical approaches its three business pillars of operations, products and services, and collaborations using the ‘five Rs’ framework – Reuse, Reduce, Renew, Recycle, and Redesign – to guide its sustainable initiatives and products in an effort to achieve a circular economy. “As the industry’s spotlight on sustainability grows brighter, brand owners and converters need supplier partners who can help them adhere to regulations and meet their goals,” said Michael Simoni, Director, Global Sustainability, Sun Chemical. “We are proud to announce that Sun Chemical is 86 percent of the way to meeting its own 2030 target to cut carbon emissions in half. Our ‘five Rs’ framework has focused our strategic efforts on reducing waste and improving efficiency, recyclability, and compostability while maintaining the highest standards of performance to best serve our customers.”
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Lecta reaffirms its commitment to the publishing world at the 2024 Frankfurt Book Fair

With the slogan "Paper as a Sustainable Story", we will present our range of premium coated and uncoated papers especially designed for the publishing industry. Since this year Italy is the event's guest of honor, Lecta will showcase the excellence of the products it manufactures at its Cartiere del Garda mill, a cornerstone of the company's complete offering for the publishing sector. Lecta's Garda brand coated papers are renowned for their high quality, special technical characteristics, and optimum results in Lecta's long history of working with publishers worldwide. For this special edition, Lecta has also put together a program packed with activities celebrating experience, art and partnership.
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Postal Service Files Request for PRC Advisory Opinion on Operational Improvements and Corresponding Refinements Within the Current Service Standards

The United States Postal Service announced it has filed plans with the Postal Regulatory Commission (PRC) to improve mail processing and transportation and explained how these improvements will align with proposed refinements within its existing service standards for Mail and Package Products. Last month, the Postal Service held a virtual conference about the proposed changes where it solicited feedback from its stakeholders, including the mailing and shipping community and members of the public, to consider their input and ensure the utmost transparency throughout the process and comply with the applicable regulatory processes. Comments received during the virtual conference have been considered and the Postal Service has now filed its formal request asking for an advisory opinion from the PRC. After receiving an advisory opinion from the PRC, the Postal Service will consider the Commission’s opinion and finalize its decision.
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MM Group has successfully passed ISO 27001 certification

MM Group is proud to announce that it has successfully achieved recertification for the ISO27001 information security standard. This certification is a testament to the company’s commitment to maintaining the highest level of information security and protecting the confidentiality, integrity, and availability of its clients’ data. ISO27001 is an internationally recognized standard that provides a framework for establishing, implementing, maintaining, and continually improving an information security management system (ISMS). The standard requires organizations to identify and assess information security risks, implement appropriate controls to mitigate those risks, and regularly review and improve their ISMS.
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Holmen’s Mill In Iggesund Cutting CO2 Emissions Through Collaboration And Steady Improvements

Holmen’s operations already benefit the climate today through forest carbon uptake in growing forests, products that can replace fossil-based products and generating renewable energy from water and wind. Despite this, the work continues to minimise the very low fossil emissions that remain at Holmen’s mill in Iggesund. Holmen’s mill in Iggesund, Sweden, places great emphasis on sustainability and reducing its climate impact. Over the years, it has delivered on this through steady improvements. Last year alone, the mill reduced its direct fossil CO2 emissions (from 2022 to 2023) by almost 25 per cent – and this was achieved without any major investments.
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UPM Raflatac Helps Enhance Packaging Recyclability with New Labels Guide E-Book

UPM Raflatac is pleased to announce the launch of its new Packaging Recyclability Guide, designed to help fast-moving consumer goods (FMCG) stakeholders across the packaging value chain navigate the complexities of packaging design and recyclability. The new guide, which is available as a free e-book on the company’s website here or as a downloadable pdf here, offers practical information on the guidelines, definitions and criteria to help make informed label choices that will enhance recyclability. With the emergence of the EU’s new Packaging and Packaging Waste Regulation (PPWR) and the focus on packaging circularity at this present time, mastering the intricacies of packaging sustainability and fortifying packaging solutions for the future has never been more essential. Although many companies have already made voluntary commitments to targets, such as using 100% recyclable, reusable, or compostable packaging, deciding the best way to achieve these goals can be challenging.
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US port workers and operators reach deal to end East Coast strike immediately (reuters.com)

U.S. dock workers and port operators reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on the U.S. East Coast and Gulf Coast, the two sides said Thursday. The tentative agreement is for a wage hike of around 62% over six years, two sources familiar with the matter told Reuters, including a worker on the picket line who heard the announcement. That would raise average wages to about $63 an hour from $39 an hour over the life of the contract. The deal ends the biggest work stoppage of its kind in nearly half a century, which blocked unloading of container ships from Maine to Texas and threatened shortages of everything from bananas to auto parts, triggering a backlog of anchored ships outside major ports.
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Update on Sealed Air Operations Following Hurricane Helene

Hurricane Helene has made a significant impact in the Southeastern United States, including in the Carolinas where we have several operations. Our facilities in the area did not sustain major damage and are still able to ship product. While we are restoring full operations, we will be temporarily shifting some orders to other sites in our network to ensure we continue to meet your needs. Depending on your location, some customers might experience delivery delays. Trucks will have to take alternate routes as two major interstates in the area are closed due to significant flooding and resulting landslides.
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Google Expands AI Ads, Visual, Audio Search

AI advancements have expanded the ability to get visual. Google claims people who use AI Overviews also use Search more, with better results. Products like Lens, which launched in 2017, help people search for what they see with their camera. Google’s rollout of AI-powered updates for search results and links was announced Thursday, along with AI Overviews ads on mobile in the U.S. and redesigned Shopping Ads to run along with Google Lens visual search results. The company said Lens also will now work with video and voice. Ads that serve within AI Overviews are search and shopping ads from existing campaigns.
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PRC Commissioners Appointed to a Second Term

President Joseph Biden reappointed Ann C. Fisher and Ashley E. Poling as Commissioners of the Postal Regulatory Commission for new terms that expire on October 14, 2030, and November 22, 2030, respectively. The United States Senate unanimously confirmed both Commissioners on September 25, 2024. The appointments of Commissioner Fisher and Commissioner Poling come at a critical time in the history of the postal industry as the Commission continues to examine the Postal Service’s Delivering for America plan and its effects on service performance nationwide; and conduct its early review of the system for regulating Market Dominant rates.
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In Arkansas, Book Banners Dealt Another Legal Setback

In yet another major win for freedom to read advocates, a federal judge has ordered the Crawford County Public Library in Arkansas to stop segregating books deemed inappropriate by some local residents into special “social sections,” and to return the books to general circulation. In his September 30 opinion and order, U.S. district court judge P.K. Holmes III held that “it is indisputable” that the creation and maintenance of the library’s so-called social sections “was motivated in substantial part by a desire to impede users’ access to books containing viewpoints that are unpopular or controversial in Crawford County.” In a preliminary injunction, Holmes ordered county officials to dismantle the sections and return the books to general circulation, as well as to refrain from “coercing” library staff to censor books.
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FSC Response to EU Commission’s Proposal to Postpone EUDR

“We welcome ongoing developments in forestry legislation and sustainability initiatives worldwide, and we strongly believe that mandatory and voluntary actions must work hand-in-hand to achieve meaningful sustainability outcomes,” said Matteo Mascolo, FSC's Lead for EU Affairs & Engagement. FSC fully supports the creation of deforestation-free markets and continues to underline the urgency of swift action to prevent deforestation. FSC was one of 170 NGOs co-signing a letter of urgency for the timely implementation of the Regulation.
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TC Transcontinental’s Near-Term Emissions Targets Approved by the Science Based Targets initiative

Transcontinental inc. announces an important milestone in its sustainability journey. The Science Based Targets initiative (SBTi) has approved TC Transcontinental’s near-term science-based emissions reduction targets. From now on, these targets will serve as TC Transcontinental’s primary measurement of progress on its sustainability objectives, including energy efficiency, clean energy procurement, and the commercialization of sustainable packaging solutions such as recycle-ready packaging solutions as well as the integration of post-consumer resin (PCR) into packaging products. “We are now in a better position to support our customers on their own sustainability journeys, and better suited to focus our actions on what matters the most to fight climate change,” said Alex Hayden, Senior Vice President, R&D, Sustainability and ESG, TC Transcontinental. “As an industry leader in Packaging, Retail Services and Printing, we know our stakeholders expect us to mitigate climate risks while capitalizing on growth opportunities. We believe this new commitment is fully in line with those expectations.”
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Huhtamaki appoints Wilhelm Wolff as Executive Vice President, Strategy and Business Development

Wilhelm Wolff (46), MSc, has been appointed as Executive Vice President, Strategy and Business Development and a member of Global Executive Team at Huhtamaki as of January 13, 2025. He will report to President and CEO Charles Héaulmé and will be based in Espoo, Finland. Wilhelm joins Huhtamaki from Neste where he served as the Vice President, Feedstock & Asset Development. Neste is a leading producer of sustainable aviation fuel, renewable diesel and renewable feedstock solutions, headquartered in Finland. Before his current role, he served as Vice President, Corporate Strategy. Prior to joining Neste, he had a long career at UPM-Kymmene, a global forest industry company, where he worked in various leadership roles including Vice President, Strategy & Business development, UPM Biorefining.
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Pregis Expands Curbside-Recyclable Paper Packaging Solutions

Pregis® expands its EasyPack® on-demand paper systems portfolio with three curbside-recyclable solutions that will be featured at Pack Expo 2024. These additions strengthen the comprehensive Pregis paper systems portfolio, which supports a wide range of in-the-box applications such as block and brace, cushioning, void fill, and wrapping. The company’s continued investment in paper-based solutions reinforces a commitment to sustainability by offering versatile systems designed for a wide range of applications. The on-demand Paper portfolio includes FSC® certified options, ensuring packaging is sourced in a socially and environmentally responsible manner. Each system is engineered to enhance packer productivity with safe, ergonomic designs that require minimal training. EasyPack Quantum Pro Void-Fill System: Launched in early 2024, the Quantum Pro enhances the proven Quantum platform with bladeless auto-tear technology and increased throughput, ideal for high-volume environments. It maintains the trusted performance, safety, reliability, and ease of use that customers expect. EasyPack Bantam Void-Fill System: Engineered for simplicity and efficiency, Bantam optimizes the packaging process with a streamlined design and a precise paper-cutting mechanism. The adjustable head allows quick reorientation and effortless loading, ensuring seamless in-the-box fulfillment. EasyPack GeoTerra Auto Dispenser: Building on the success of the manual GeoTerra dispenser, the new automatic model delivers a faster, more efficient solution tailored for high-volume operations. GeoTerra wrappable paper offers light cushioning and interleaving protection, while its aesthetic design enhances the unboxing experience.
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Stora Enso prepares to sell parts of its forest assets in Sweden

Stora Enso is preparing to sell approximately 12% of its total forest assets of 1.4 million hectares in Sweden. Stora Enso has therefore initiated steps to implement a new legal structure for its Swedish forest assets to facilitate the potential sale. A potential transaction would be subject to agreeing terms and conditions with investors, including a long-term wood supply and forest management agreement. A sale would reduce debt and further strengthen Stora Enso’s balance sheet, confirming the financial value of the Company’s forest holdings.
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Clearwater Provides an Update of Impact on Operations From Hurricane Helene

Clearwater Paper Corporation announced that it temporarily suspended operations at its Augusta, Georgia paperboard facility and its Shelby, North Carolina tissue facility due to the impacts from Hurricane Helene. There was no serious damage to equipment and both facilities are resuming operations. “As we deal with the aftermath of this powerful storm, our top priorities remain the safety of our people and ramping up our operations to service our customers,” said Arsen Kitch, president and chief executive officer. “We are deeply grateful to our Augusta and Shelby teams for their tremendous efforts to safely resume production and minimize the impact on our business while personally dealing with the effects of the storm.”
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AF&PA Commends EU Decision to Extend Deforestation Regulation Deadline to December 2025

The American Forest & Paper Association President and CEO Heidi Brock released the following statement regarding the European Union’s Commission decision to extend the EU Deforestation Regulation implementation deadline to December 2025. “We appreciate the EU Commission for being responsive to U.S. government officials and the numerous partners across the globe who have voiced concerns about the complex requirements and significant technical barriers of EUDR. Today’s additional guidance and extension of the implementation deadline provides industries like ours with more time to engage on workable solutions that avoid trade disruptions. “AF&PA fully supports the EUDR goal of deforestation-free supply chains. The U.S. pulp and paper industry is not linked to global deforestation and forest degradation." "We believe in balanced and achievable regulations, and are a strong proponent of international efforts to address deforestation and forest degradation. As such we welcome the Commission's commitment to a stronger cooperation framework."
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Mondi co-founds milestone alliance for the circularity of paper bags in the construction industry

Mondi has co-founded an alliance to improve the circularity of used paper bags in the construction industry. The Spain-based alliance, called Paper Sacks Go Circular Spain comprises of 12 European companies from the full value chain including Mondi. In Spain, construction waste accounts for more than 30% of the total waste generated, with a recovery rate of only 48% according to the latest report from the Spanish National Statistics Institute (INE). Paper Sacks Go Circular Spain is an alliance of companies that share a common interest in closing the loop and building a circular economy for paper bags in Spain. Starting with paper bags for construction materials, the coalition will look for synergies with other construction and demolition waste streams to increase volumes and achieve economies of scale.
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Outlier by Savvas Wins Tech & Learning’s 2024 Best Tools for Back to School Award

Savvas Learning Company, a next-generation K-12 learning solutions leader, is proud to announce that Outlier by Savvas, its innovative online dual-enrollment course offerings, has received Tech & Learning’s 2024 Best Tools for Back to School Award. The annual Best Tools for Back to School award program recognizes outstanding technology that helps schools solve real challenges with solutions offering ease of use, versatility, and value to support effective teaching and learning. Tech & Learning selected Outlier by Savvas as a winner in the secondary education category for outstanding technology that supports educators heading back to school. Outlier by Savvas provides online, asynchronous dual-enrollment courses that enable students to simultaneously earn high school as well as real transferable college credits from the University of Pittsburgh, a top 50 university. A flexible, digital solution that is easy for educators to implement, Outlier meets the needs of school district leaders across the country who are looking to bring high-quality college courses to their high school environments.
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2024 Innovator of the Year: High-Quality and Accuracy Drive Growth at PCI Group

When you work in a segment of the printing industry that is “one document away from a major disaster” every single day, it’s imperative that quality and accuracy remain a primary focus. Chris Kropac Jr., president of PCI Group based in Fort Mill, South Carolina, points to this as a driving factor behind the transactional mail printing company’s dedication to a “culture of quality” and, ultimately, to its continued growth. Even though PCI Group was named a “2024 Innovator of the Year,” Kropac says innovation in the transactional printing space “sounds like an oxymoron.” And yet, through very intentional and “innovative” practices, PCI Group has been able to set itself apart from competitors by growing its volume by five times and its revenue by seven times in the past 17 years.
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Cougar® Paper: One of the Coolest Products We (Domtar) Make

We’ve heard it a few times: Of the many products we manufacture each day, Cougar® paper is one of our employees’ favorites — and it’s a favorite of printers and designers who choose the brand for memorable projects. But did you know Cougar paper may also be one of the coolest things made in Wisconsin? From greeting cards and bestsellers to tour posters and luxury-brand marketing materials, Cougar paper is used every day to help people, artists and brands make their mark. We’ve improved the Cougar paper line over the years by adding Cougar Natural and Cougar Digital Color Copy to the assortment and adjusting its shade from green-white to blue-white to its beloved, balanced white shade. Cougar’s extensive line includes three finishes, two shades, an expanded digital offering and a vast array of sizes and weights, ensuring our customers can bring creativity to life and create a memorable story.
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AF&PA Urges Swift End to Strike Threatening U.S. Economy and Manufacturing

The American Forest & Paper Association President and CEO Heidi Brock issued the following statement regarding the recent strike of ILA workers across the U.S. East and Gulf Coast ports. “This strike will have serious consequences for the U.S. economy and the manufacturing sector, including industries like ours that rely heavily on port activity for exporting goods. Without access to ports, our member companies face tough choices, including whether to pause or shut down mills and facilities, putting high-paying jobs in rural areas at risk. “We urge the Biden Administration to work with the ILA and USMX to quickly bring an end to this strike and restore essential ports operations.”
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Dockworkers at ports from Maine to Texas go on strike, a standoff risking new shortages

Dockworkers at ports from Maine to Texas began walking picket lines early Tuesday in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks. The contract between the ports and about 45,000 members of the International Longshoremen’s Association expired at midnight, and even though progress was reported in talks on Monday, the workers went on strike. The strike affecting 36 ports is the first by the union since 1977. Workers began picketing at the Port of Philadelphia shortly after midnight, walking in a circle at a rail crossing outside the port and chanting “No work without a fair contract.”
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Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2024 Operating Results

Costco Wholesale Corporation announced its operating results for the 16-week fourth quarter and the 52-week fiscal year ended September 1, 2024. For the 16-week fourth quarter, the Company reported net sales of $78.2 billion, an increase of 1.0 percent compared to net sales of $77.4 billion in the 17-week fourth quarter of fiscal year 2023. For the 52-week fiscal year, the Company reported net sales of $249.6 billion, an increase of 5.0 percent from $237.7 billion reported in the 53-week fiscal year 2023.
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