Working closely with partners from across the food packaging value network, UPM Specialty Papers is co-creating transformative solutions that reimagine the future of sustainable packaging. A long-standing relationship with Henkel, a worldwide leader in industrial and consumer businesses, has now resulted in a recyclable, heat-sealable packaging material compatible with existing packaging lines. Pushing the performance of barrier papers to an unsurpassed level of grease resistance, it offers a tried and tested concept for converters. The plastic coating traditionally required for protection and heat-sealing renders the final product difficult to recycle. Inspired by a shared focus on creating sustainable alternatives, UPM Specialty Papers and Henkel have reinvented the concept to help brand owners and converters meet ever growing consumer and regulatory demands for easy to recycle packaging.

UPM Raflatac is expanding its wash-off portfolio with new paper label materials that enhance the recycling of PET and HDPE. The label materials have received European certifications of recyclability from Institut cyclos-HTP for PET and HDPE packaging, and they are part of UPM Raflatac’s SmartCircle™ portfolio. “We are determined to develop solutions for circularity. While plastics have remarkable features to keep valuable content safe until consumption, we also seek ways to increase the share of certified renewable materials in the packaging that go beyond fossils. Now, in addition to our multiple plastic wash-off solutions, we are excited to expand the offer into sustainably sourced paper labels. These innovations enable high-quality recycled PET and HDPE flakes to be used again as the label material separates cleanly in the recycling process,” says Sylwia Jurys, Vice President, Paper Laminates SBU EMEIA, UPM Raflatac.

Novolex®, a leader in packaging choice, innovation and sustainability, is introducing Power Prep™ wrap for grab-and-go hot sandwiches and other freshly made foods. Manufactured by Novolex brand Bagcraft®, the new wrap is laminated and insulated to keep food tasting fresh as it moves from the freezer to thawing and re-heating, and while it’s held under heat at the point of sale. This allows customers to enjoy a delicious hot sandwich that was made and wrapped off site. Power Prep wrap is ideal for convenience stores, supermarkets and other foodservice operators, catering to the growing demand for high-quality, freshly made offerings.

Amcor has placed its first commercial order of certified-circular polymers leveraging ExxonMobil’s ExxtendTM technology for advanced recycling for use in packaging for the Australian and New Zealand market. The order will make Amcor the first flexible packaging company to offer certified-circular plastics in this market, which supports partial displacement of fossil-based feedstock and meets growing consumer demand for plastic circularity. Using its ExxtendTM technology, ExxonMobil offers certified-circular polymers with the International Sustainability and Carbon Certification (ISCC) PLUS certification that are identical to polymers made from conventional fossil feedstock. The certified-circular polymers can be used in existing applications, that otherwise require the use of virgin resins.

Mondi is investing in innovative technologies to increase FunctionalBarrier Paper capacity in order to meet the growing demand for sustainable paper-based packaging solutions. Mondi's range of FunctionalBarrier Paper offers tailored barrier properties that reduce the amount of plastic used in packaging, supporting the development of a circular economy. The range is being supported with an investment in a new extruder at Mondi Coating Štĕtí (Czech Republic). This will comprise the construction of a production building which will house state-of-the-art machinery such as an extrusion coater and a slitting machine. Production is expected to start in 2024. In addition, investment is currently underway at Mondi Jülich (Germany) with the rebuild of an existing coater. Two new dispersion coating stations will improve barrier properties by ensuring good coverage on the base paper.

Pregis proudly showcased its packaging innovations to 50,000 industry professionals at ProMat 2023, the largest material handling, logistics, and supply chain show in the world. Coming out of the event, three critical packaging trends will add tremendous value to company fulfillment operations. Automation - E-commerce demand is raising volumes in warehouses, and to keep up, companies have no choice but to implement automation. This technology is being integrated more often, and the runway for an ROI is shorter than ever. Recyclability and Recycled Content - Protective packaging is being truly engineered with the environment in mind. Businesses, and their customers, are increasingly supporting a circular economy. Customer Experience - Protecting goods from the rigors of shipping continues to be a main proponent of customer experience, but as the world continues to lean towards direct-to-consumer offerings, companies are looking for more ways to stand out.

UPM Specialty Papers is excited to announce that the breakthrough oneBARRIER FibreCycle structure will be on display at Interpack 2023. This innovative high-barrier packaging provides a sustainable, recyclable, paper-based alternative to the multi-laminate plastic structures commonly used for long shelf-life products. Just as importantly, it can be recycled in existing fibre recycling streams. oneBARRIER FiberCycle represents the kind of packaging the world needs right now, enabling brand owners to reduce their reliance on fossil-based or non-recyclable materials, increase their use of renewable materials, and meet their sustainability targets. Working closely with leading experts across the world, UPM Specialty Papers is co-creating a more sustainable future through fibre-based, recyclable packaging materials. oneBARRIER FiberCycle is the result of a multi-year project in partnership with BOBST, one of the leading suppliers of substrate processing, printing and converting machinery, and Michelman, a developer of high barrier water-based coatings for packaging applications. By uniting their expertise from across the food packaging value chain, the group set out to create a recyclable paper-based packaging solution for foods with a long shelf-life. UPM Solide LucentTM offered an ideal basis for the development work. As a dense, smooth, and strong base paper, it is ideal for lightweight and uniform coatings. BOBST supplied the AluBond technology – an aluminium coating one-thousandth the thickness of a human hair and Michelman was responsible for the integrated coating system that provides priming, barrier properties and heat seal. Together these solutions have proved to be a powerful combination, resulting in a transformative approach to safeguarding food products with a long shelf-life, such as coffee, instant soup and sauce powder packets, spices, or milk powders.

Cushioning is an essential part of protecting fragile goods from shock and vibration. That’s why for many decades, plastic foams have been used as a versatile and cost-effective solution. However plastic based foams are problematic. If they leak out to nature the material is inert and will not degrade. Furthermore, plastic foams are generally made from finite sources, mainly crude oil, which leads to a release of fossil carbon at its end of life. To turn these challenges into a thing of the past, Stora Enso has developed a lightweight, paper-based foam for protection and cushioning in packaging. Here are three key reasons why Papira® by Stora Enso is better than conventional plastic foams. 1. A bio-based product - Plastic foams used in cushioning today are mainly made of crude oil, resulting in a product with a high carbon footprint over its lifetime and other environmental issues. 2. Recyclable in the paper stream - Even though plastic foams such as expanded polystyrene or polyethylene foams are lightweight and handy, recycling them is difficult. Paper-based Papira® by Stora Enso is designed for recycling in paper or carton streams. 3. Biodegradable and compostable - As a material, Papira® is designed to be biodegradable. Therefore, it does not become waste or pollution even if not recycled properly.

In connection with the start-up last week of containerboard production at Norske Skog Bruck, we invite press, investors and other interested parties to the official opening ceremony of our new containerboard machine at the Bruck industrial site on 22 June. Norske Skog Bruck started its containerboard production last week, introducing 210 000 tonnes of competitive testliner and fluting capacity to meet the growing demand for renewable packaging. The production is based 100% on recycled fibre and will use steam from the new waste-to-energy plant, which opened in April 2022. Norske Skog Bruck will start to deliver containerboard to customers in the second quarter. Full production utilisation of 95% is expected in the second half of 2025.

Sonoco announces that the high barrier paper-based structure, EnviroFlex® Paper Ultimate (ULT) 1.0, has received How2Recycle® pre-qualification and has met all requirements of the Fibre Box Association’s Voluntary Standard for Repulping and Recycling. This pre-qualification comes as a result of Sonoco’s ongoing efforts to develop innovative, sustainable packaging solutions. EnviroFlex Paper ULT 1.0 is a superior oxygen, moisture, and grease barrier packaging solution available in various formats, including rollstock, heat/cold seal, sachets, and pre-made pouches. EnviroFlex Paper ULT 1.0 provides exceptional protection and preservation for perishable items, such as baked goods, confections, pet treats, salty snacks and powdered beverages, while being curbside recyclable. Sonoco understands the importance of providing safe and non-toxic materials in convenient formats. Therefore, the company has gone above and beyond to develop EnviroFlex Paper ULT 1.0 and a host of other paper-based structures without the use of chemicals of concern, such as PFAS and PVDC.

Ox Industries is increasing efficiency and production capacity with a $5 million investment in new high-speed converting lines across multiple facilities. This sophisticated technology will positively impact the productivity of Ox Industries’ vertically integrated tube and core and protective packaging plants and seamlessly merge with current operations and Ox-owned URB (uncoated recycled paperboard) mill network. Each converting line will have the most innovative automatic roll handling and finished product packaging technology to improve ergonomics, decrease on-the-job injuries, increase productivity, and enhance quality control. “We embrace continuous investment that pairs with our efficiency and employee safety values. This equipment will highlight our recent acquisitions while giving us a broader footprint to serve our customers,” said Ox Industries CEO Kevin Hayward.

Amcor announced that it has earned a Flexible Packaging Association (FPA) Silver Achievement Award for its AmPrima™ PE Plus recycle-ready pouch for Lahli™ Morning Protein Bites. The pouch features Amcor’s AmPrima™ PE Plus recycle-ready film: *AmPrima™ solutions employ a variety of technologies, including proprietary techniques unavailable elsewhere, to deliver recycle-ready alternatives with no compromise on performance. *The AmPrima™ PE Plus material matches the clarity, stiffness, heat resistance, surface energy and abuse resistance of the unrecyclable incumbent film. *To aid recycling efforts, the pouch carries a How2Recycle® label for the PE stream, clearly communicating store drop-off recycling instructions.

TC Transcontinental Packaging is pleased to announce that it has been recognized with the prestigious Gold award in the Shelf Impact category for manufacturing the Procter & Gamble’s Gillette Slate Resealable Razor Pouches at the 2023 Flexible Packaging Achievement Awards. Additionally, TC Transcontinental Packaging took home two Silver awards; one in the Shelf Impact category for the San Pellegrino Essenza Sparkling Water 24-case collation shrink film which includes 33% of PCR (post post-consumer recycled) content, and one in the Printing category for the Whole Foods Baking Mix Flat Bottom Pouches. “We are proud to win FPA’s “Shelf Impact” and “Printing” awards and to be recognized by the industry for our team’s technical expertise,” said Thomas Morin, President Transcontinental Packaging. “At TC Transcontinental Packaging we value the trust our customers place in us, and every TC employee strives to deliver flexible packaging solutions especially for them. We acknowledge the critical role our packaging plays in annunciating their brand message and connecting with the consumer. To do so we bring high-end technology, sustainable solutions, expertise, and passion to support our customer’s success in the market today.”

In the movement to create more eco-friendly packaging, brand owners are seeking additional assurances their suppliers are providing safe and sustainable solutions that meet both packaging and consumer demands. To exceed these expectations, Ahlstrom is pleased to announce Cristal® Transparent Packaging Papers have met ChemFORWARD’s rigorous evaluation of human and environmental criteria for safer alternatives through the organization’s SAFER™ program. Cristal® transparent papers are ideal alternatives to non-renewable materials, from replacing a plastic or film in a package to creating a fully fiber-based end-use structure. “The use of transparent paper in packaging enables the food and ecommerce industries to effectively convey a value of trust in customers’ minds,” explained Guillaume Latourrette, Global Vice President of Food Packaging for Ahlstrom. “The strong sustainable attributes Cristal® already addressed as a natural, compostable, and recyclable packaging solution are now amplified by achieving SAFER™ status.”

Amcor announced a joint research project agreement with Nfinite Nanotechnology Inc. to validate the use of Nfinite’s nanocoating technology to enhance both recyclable and compostable packaging. In the proof-of-concept phase of the project, Nfinite’s coating technology will be applied to Amcor’s existing recyclable and compostable packaging material. The objective is to deliver an oxygen barrier to improve performance for recyclable and compostable packaging. Once validated, the next stage of development will seek to ensure the products are optimized to Amcor’s manufacturing processes and analyze additional substrates, such as bio-based materials to create more sustainable applications.

Klabin, the largest producer and exporter of paper for packaging and sustainable solutions in paper packaging in Brazil, made official, this Wednesday (22), the start of operations at the Klabin Port Terminal (PAR-01), located on the wharf commercial center at the Port of Paranaguá, in Paraná. With the capacity to receive one million tons of pulp and paper per year, the Terminal is part of the investment package in logistics made by the Company in the State in recent years. With the operation, the unloading of short and long fiber pulp, fluff pulp and paper, from the Puma Units, located in Ortigueira (PR), and from the Monte Alegre Unit, in Telêmaco Borba (PR), can be carried out within the Port of Paranaguá. With a structure that covers an area of ​​27,530 m², leased by Klabin for 25 years, in an auction held in August 2019, the new operation also brings productivity and competitiveness to Klabin in Break Bulk, a mode of maritime cargo transport without the use of of containers, which ships large volumes directly inside the ships, allowing customers to be served on a large scale and with operational excellence.

Kimberly-Clark Professional™ launches its ICON™ dispenser collection in the UK in March 2023. This innovative washroom solution will bring game-changing hygiene and design, combined with a new standard of dispensing performance and human-centric experience, to deliver unmatched confidence that goes beyond simply dispensing paper towels. The ICON™ portfolio showcases three system solutions for hand towels, toilet tissue and skincare, including soap and sanitiser. To gain a better understanding of how people’s attitudes towards hygiene and handwashing have shifted in the wake of the global COVID-19 pandemic, Kimberly-Clark Professional commissioned a survey¹ conducted by GfK in Europe. The survey revealed perceptions of cleanliness alongside evolving hygiene habits, expectations, and standards, such as: *76% of people have had poor experiences with hand hygiene in public washrooms since the start of the pandemic. *Almost half (46%) of respondents wash their hands more frequently than before the pandemic because they pay more attention to hygiene overall. *42% have experienced empty or improperly functioning paper towel dispensers, leading to frequent complaints.

Aptar Closures, a global leader in dispensing closures and active material science solutions today announced the acquisition of majority stake in Gulf Closures, a closure manufacturer for beverage products in Bahrain. With the acquisition, Aptar Closures will leverage its global business capabilities and Gulf Closures’ manufacturing expertise, regional network, and experienced team to better serve the company’s existing customers in the Middle East while opening new market opportunities and strengthening its presence in the region. Today, Gulf Closures employs approximately 60 people at its facility in Bahrain and holds ISO and FSSC certifications. Gulf Closures is a partner to several global and other major local beverage brands in Gulf Cooperation Council (GCC) countries, Levant, and Africa.

Tonawanda, New York-based NOCO’s Buffalo River Compost brand Tend says its 1-cubic-foot bags of Brian’s Best Seal of Testing Assurance-, or STA-, approved compost will be packaged using a lawn and garden bag containing 20 percent postconsumer resin (PCR) for the 2023 season. Buffalo, New York-based Buffalo River Compost launched Tend, a brand geared for direct-to-consumer lawn and garden products, in 2022. When the company began to pursue packaging options, it says it found limited sustainable options. “Some places around the country are starting to require minimum recycled content standards for plastic packaging, such as garbage bags, but due to features such as UV protection and anti-slip, we weren’t able to immediately identify suppliers that used PCR in lawn and garden bags,” says Bobbie Thoman, director of sustainability and innovation at Tend.

The world’s largest machine for the production of kraftliner has entered service in Obbola in Västerbotten, outside Umeå, eastern Sweden. With a total investment of SEK 7.5 billion, this major project has been completed ahead of schedule and within budget, significantly increasing opportunities to produce packaging materials that replace plastic. “At full capacity, the machine will increase capacity from 450,000 tonnes to 725,000 tonnes a year, enabling our renewable kraftliner to replace large amounts of plastic and improve the [Obbola] plant’s competitiveness on the global market,” says Gustaf Nygren, SCA Obbola Plant Director. The Expansion Obbola investment project has a total budget of SEK 7.5 billion, of which approximately SEK 1 billion has been earmarked for environmental improvements at the site. For example, a biofuel-fired mesa furnace has been installed at the plant with the potential to phase out the use of fossil fuels and save 20,000 tonnes of carbon dioxide emissions.

Trioworld has added a new high-performance cast stretch film to its Katan-Ex range: Katan-Ex SL. Katan-Ex SL is fitted with a super slippery outside layer with non-cling properties and with all the benefits of cast film. This makes Katan-Ex SL a unique product. After successful customer testing at a large dairy company, Katan-Ex SL has demonstrated: *Pallets no longer clinging together *Less film usage, because of Katan-Ex SL's high stretchability *A reduction in cost per wrapped pallet.

Clayco, a full-service, turnkey real estate, architecture, engineering, design-build and construction firm, today celebrated the groundbreaking of WestRock’s new 410,000-square-foot corrugated box plant in Longview, Washington. Located just outside of the Vancouver, Washington metropolitan area, this marks the first collaboration between Clayco and WestRock. Developed by JB2 Partners and owned by an investment fund managed by ElmTree Funds, the new building will host a WestRock corrugated manufacturing operation, which will create approximately 40 jobs in Longview, Washington when production begins in the fall of 2023. Situated on 23.5 acres, the single-story, concrete tilt-up manufacturing facility will have a clearance height of 44 feet.

The products Koehler NexPlus® OGR and Koehler NexPlus® Wrap now not only do without the use of fluorochemicals, but also without the use of acrylate. This makes them the sustainable, environmentally friendly alternative to the packaging paper previously used in the fast food sector. With Koehler NexPlus® OGR and Koehler NexPlus® Wrap, Koehler Paper, a leading provider of paper with a disruptive barrier function for packaging solutions, has developed its fast-food paper further and brought it more into line with customer demand for sustainability. These products are now not only made without the use of fluorochemicals, as they have always been, but also without the use of acry-lates, making them a sustainable and environmentally alternative to the packaging paper currently used in the fast-food sector.

Fourth Quarter Financial Results Highlights *Earnings before interest, taxes, depreciation and amortization (“EBITDA”) from ongoing operations for Aluminum Extrusions of $8.9 million was $2.0 million lower than the fourth quarter of 2021 *EBITDA from ongoing operations for PE Films of negative $2.6 million was $9.3 million lower than the fourth quarter of 2021 *EBITDA from ongoing operations for Flexible Packaging Films of $7.0 million was $0.6 million higher than the fourth quarter of 2021

AptarGroup, Inc. announced that it has updated its Scope 1 and 2 science-based targets, setting an emissions reduction goal consistent with requirements to limit global temperature rise to 1.5° Celsius by year 2030. In 2021, Aptar significantly surpassed the original goals for emissions reduction to the WB2°C scenario and as a result, the Company has worked to update these goals to be more ambitious. Today, Aptar is proud to announce that its Scope 1 and 2 absolute emissions reduction targets align to the 1.5°C scenario and have been validated by the Science Based Targets initiative (SBTi).

Mag. Gernot Schleiss, Managing Director of MM Frohnleiten, explains: “The main objective of our investment was the modernization of the KM3 to enhance the quality of the end product, to reduce specific energy consumption and to increase productivity across the entire product range. We are convinced that ANDRITZ’s innovative PrimeLine technology will help us reach our targets.” Georg-Michael Sautter, ANDRITZ Key Account Manager Paper Board adds: “The new PrimeFlow AT headbox improves the quality of the end product, the two PrimePress X shoe presses lead to energy and bulk savings, and the PrimeRun web stabilizers ensure improved runability. All in all, the perfect package for highly efficient and high-quality production.”

Berry Global Group, Inc. announced that it will be expanding its line of high-performance building wraps through the launch of TYPAR® DrainableWrap™, the Company’s first drainable building wrap engineered to protect multi-story structures from the elements and manage excess moisture. TYPAR DrainableWrap Commercial has joined TYPAR MetroWrap in the brand’s growing portfolio of building wraps designed specifically for commercial structures. “The addition of TYPAR DrainableWrap Commercial is further proof of Berry Global’s commitment to the commercial market and delivering on our customer promise of Innovation for the World. Solutions for You.,” said Andrew Irvine, product manager, TYPAR. “This new commercial wrap offers the superior UV protection and tear strength needed for commercial job sites while also helping commercial builders and architects address the growing challenge of drainage in high-rise building envelopes.”

ePac Flexible Packaging is pleased to announce that the company has achieved compliance in advance of all state deadlines related to PFAS and plastic packaging. State Laws and regulations banning intentionally added Polyfluoroalkyl (PFAS) in packaging have begun to go into effect in 2023. PFAS substances do not break down in water, soil, or the human body and have been identified as a potential health hazard. Eleven states have already enacted legislation for various forms of packaging with the first plastic packaging related deadline in Vermont of July 1 2023. Many other states have legislation in process and more will follow.

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

It all started with the question: is it possible to create a high performance stretch film based on recycled material whilst keeping the high-quality level? And now, Trioworld proudly presents Katan-Ex Loop30: the high performance stretch film for businesses, allowing them to both reduce their carbon footprint and keep their loads stable. Katan-Ex Loop30 arrived right on time: this product makes it easier than ever to switch to a more sustainable option. Trioworld has a strong focus on sustainability and has set clear goals for the use of Post-Consumer Recycled materials in many of its products. Trioworld is therefore proud to introduce this new high performance stretch film with 30% PCR content.

Mondi, a global leader in sustainable packaging and paper, has won the coveted PPI Award in the Product Innovation category for its Hug&Hold packaging solution. The Fastmarkets Forest Products PPI Awards are the only global awards dedicated to recognising the achievements of companies, mills and individuals in the pulp and paper sector. Hug&Hold is a paper packaging solution designed and developed to wrap and transport PET beverage bottles, replacing plastic shrink wrap. It is a recyclable 100% paper-based solution, comprising a kraft paper sleeve and a corrugated clip to secure the bottles and offer a comfortable handle for transportation.

Ahlstrom has today launched a consultation process with employee representatives at its Stenay plant in France about the possibility to divest the plant, and if a buyer cannot be found considering closure. Stenay plant produces one-side coated specialty papers for specific uses in the packaging sector where there is overcapacity in Europe and competition with machines with a more competitive cost structure. The plant has an annual capacity of approximately 55,000 tons of specialty paper and has 127 employees.

When Inland Packaging opened its third new 40,000 sq.-ft .manufacturing facility in La Crosse, WI, the domestic label and packaging manufacturer ensured that its $15 million equipment investments included a unique high speed, specially built press for the in-mold label market. To provide the finest service to its customers, management chose the pinnacle of premium offset press technology available on the market — its first Koenig & Bauer, a Rapida 106X UV LED nine color plus coater — as the centerpiece of its newest production facility. “Our state-of-the-art press and finishing equipment have opened additional capacity with increased productivity and efficiency,” says Amy Mashak, Director of Operations at Inland. “This additional capacity is allowing Inland to better serve growing markets and exceed customer demand.”

The largest producer and exporter of packaging paper and sustainable paper packaging solutions in Brazil, Klabin was the winner in two categories of the PPI Awards, by Fastmarkets RISI, considered the most important worldwide recognition of the Pulp and Paper sector. Cristiano Teixeira, the Company's managing director, was elected “International CEO of the Year”, and the company's actions aimed at the digital transformation of its forestry operations were recognized in the “Digital Innovation” category. Since taking over Klabin's general management, Cristiano Teixeira has guided the Company's full and continuous growth process, with a focus on sustainability, operational efficiency and technology. The executive prioritizes strategic planning guided by the company's integrated, diversified and flexible business model, capable of adapting to the most diverse economic environments, and which reinforces the Company's long-term vision.

Packaging is often the first physical touchpoint a customer has with a brand and product - the form, function, and branding of the packaging can be very influential on a purchasing decision. However, packaging has a massive sustainability problem that can’t be ignored. Today the world produces 400 million tons of plastic waste annually, 36% of which is from packaging and 85% of which ends up in landfills or as unregulated waste. Rethinking how we package products can improve the sustainability and circularity of these materials, address health concerns like microplastics and antimicrobial-resistant bacteria along the way, and even provide an improved business case. With that in mind, let’s dive into four trends and innovations in sustainable packaging that will define the future of the category. 1. Reducing and recycling plastic packaging 2. Making strides with mono-materials 3. Biodegradable and repurposable packaging 4. Antimicrobial awareness and innovation

Atlantic is excited to announce that the Science Based Targets initiative (SBTi) has approved our science-based targets for reaching net-zero greenhouse gas emissions by 2046! Atlantic Packaging is the first North American packaging company with an approved net-zero target. Overall Net-Zero Target: *Atlantic commits to reach net-zero greenhouse gas emissions across its value chain by 2046, which is Atlantic’s 100th birthday. Near-Term Targets: *Atlantic commits to reduce Scope 1 and 2 greenhouse gas emissions 70% by 2030, from a 2021 base year. *Atlantic also commits that 55% of its suppliers by spend, covering purchased goods and services, will have science-based targets by 2027. *Atlantic further commits to reduce 25% of its Scope 3 greenhouse gas emissions from purchased goods and services by 2030, from a 2021 base year.

Greif is pleased to announce the rebrand of its product circularity program, now known as Life Cycle Services by Greif. Backed by one of the most comprehensive sustainability programs in industrial packaging, Greif has a proven history of helping customers meet and exceed their sustainability goals. This initiative aligns with its recently announced 2030 Sustainability Targets, including a broader focus on advancing a circular economy, reducing greenhouse gas emissions, and championing diversity, equity, and inclusion initiatives. Under the new Life Cycle Services brand, Greif has aligned these end-of-life services offered by its Global Industrial Packaging (GIP) and Paper Packaging and Services (PPS) businesses.

Fourth Quarter 2022 Financial Highlights: *Net Revenues of $1,476 million for the fourth quarter of 2022 were down 3% compared to $1,527 million in the fourth quarter of 2021 and down 8% compared to $1,609 million in the third quarter of 2022. *Net Income from continuing operations of $27 million for the fourth quarter of 2022 decreased 21% compared to $34 million in the fourth quarter of 2021 and decreased 85% compared to $175 million in the third quarter of 2022. Full Year 2022 Financial Highlights: *Net Revenues of $6,220 million for the year ended December 31, 2022 were up 14% compared to $5,437 million in the prior year. *Net Income from continuing operations of $319 million for the year ended December 31, 2022 compared to $33 million in the prior year.

Aptar Beauty, a leading and innovative dispensing solutions provider for beauty brands around the world has acquired iD SCENT, an expert in full paper fragrance sampling solutions that present multiple sustainability features. iD SCENT will further strengthen and expand Aptar’s portfolio of fragrance sampling solutions with a 100% paper-based product, customizable to each beauty brand and fully e-commerce capable. iD SCENT brings a unique know-how in fragrance encapsulation in paper, together with the company’s proprietary manufacturing process and assets. iD SCENT was founded in 2004 by Michel Caffon in Lyon, France, and has developed a strong know-how in scented paper technology, offering a wide range of full paper sampling, combined with compelling expertise in olfactory long lastingness.

Eco-Products® announced today that one of its Vanguard® clamshells has earned CMA-W approval from the Compost Manufacturing Alliance (CMA), making it the first molded fiber item made with no-added PFAS to be approved by CMA. Vanguard is a groundbreaking line of compostable plates and containers made from molded fiber. The award-winning products use a proprietary chemistry to achieve grease resistance without the addition of PFAS, part of a class of materials sometimes referred to as “forever chemicals.” “Eco-Products is proud to be an industry leader in offering the very best, most innovative products made from renewable and recycled materials,” said Ian Jacobson, President of Eco-Products. “CMA’s approval of this item continues to distinguish Vanguard as the premier option in the no-added PFAS product category.”

Constantia Flexibles, the third largest producer of flexible packaging worldwide, has signed an agreement to acquire the Polish company Drukpol Flexo. “We are delighted by this opportunity to invest in the growth of our European flexo printing platform whilst reinforcing our successful footprint in Poland,” says Pim Vervaat, CEO of Constantia Flexibles. On March 2nd, 2023, Constantia Flexibles has agreed to acquire the Polish flexible packaging company Drukpol Flexo sp. Z.o.o. “I am convinced that Drukpol Flexo has found the right partner for the future and continues to grow under Constantia Flexibles’ wings,” states the founder and owner of Drukpol Flexo, Zenon Ziemak.

International Paper announced a company rebrand to align with its strategic vision to Build a Better IP through sustainable, profitable growth and accelerated value creation. As the company celebrates its 125th anniversary in 2023, the rebrand highlights the resilience of International Paper, the sustainability of its mission and its commitment to creating what's next. The new branding is rooted in the company's legacy of safety, ethics and stewardship. It embodies a renewed sense of purpose, energy, and optimism, and marks another major milestone in the evolution of International Paper.

Living in the Bioeconomy is the title of the two-day conference Sweden is organizing during the Presidency of EU. Today, Billerud’s President and CEO Christoph Michalski spoke about the role of fibre-based packaging in the needed green transition. The conclusion is that material and design of package matters. The bioeconomy is an important part of the circular economy. Fiber-based packaging is recycled, and the fiber is reused again and again until the quality of the fiber has become so low that it no longer can be used. Then it returns to carbon dioxide and the natural carbon cycle is closed. This contrasts the fossil economy. Billerud replaces fossil-based materials with renewable and recyclable materials. Recycled content contributes to the sustainability of paper-based packaging and to a more sustainable, circular economy. “I would also like to stress the importance of food safety. Protecting food and reducing food waste have a greater impact than the actual climate impact of producing the package”, says Christoph Michalski.

I am delighted to be able to share with you the news that on February 22, 2023 TASKI acquired substantially all of the assets of NSS Enterprises, Inc. The joining of TASKI and NSS will provide an expanded product offering to you, as well as expanded local resources, including sales, customer service and technical support. Toledo, OH production facilities will continue to service NSS customers, as well as expand TASKI’s footprint in the U.S. The acquisition reinforces TASKI’s dedication to expand our service and support of your business. U.S. production will allow TASKI to improve its time to market, and NSS will benefit from the synergies created by the acquisition. You will also benefit from the global research, development and innovation excellence for which TASKI is renowned. Over the coming months, a dedicated team will work through the beginning stages of integrating the two businesses, with customer service and technical support as the key focus areas. We commit to keeping you informed of the process and will provide regular updates. In the coming days and weeks, the team will be spending time with customers to discuss and explore the benefits of the TASKI-NSS enhanced offering. If you have any questions, please feel free to speak to your NSS and/or TASKI sales representative, who will be happy to discuss, in more detail, the benefits TASKI-NSS can bring to your business.

The ISCC PLUS certification reinforces the Pregis Purpose to ‘Protect, Preserve, Inspyre.’ It is the latest example of the company achieving goals in support of its sustainability commitment to provide high-performing products while enabling a circular economy. This third-party certification enables Pregis to produce solutions that are classified as circular, bio-circular, and/or bio-based. The ISCC PLUS certification includes the mass balance chain of custody option, providing traceability along the supply chain. "The completion of the ISCC PLUS certification across the entire Pregis Performance Flexibles facility network clearly showcases our commitment to advancing the circular economy," explains Jonathan Quinn, Director of Market Development and Sustainability for Pregis Performance Flexibles. "It is a testament to our continued efforts to push the boundaries of innovation in blown films and expand our specialty films offerings in the food and medical packaging markets as well as other demanding applications."

Q4 2022 Highlights *Sales of $1,135 million (compared with $1,174 million in Q3 2022 and $1,028 million in Q4 2021) *Operating loss of $(20) million (compared with $25 million in Q3 2022 and $(90) million in Q4 2021) *Net loss per common share of $(0.27) (compared with a net loss per common share of ($0.02) in Q3 2022 and net earnings per common share of $1.04 in Q4 2021). 2022 Annual Highlights *Sales of $4,466 million (compared with $3,956 million in 2021) *Operating income of $33 million (compared with $50 million in 2021) *Net loss per common share of $(0.34) (compared with net earnings per common share of $1.60 in 2021)

Smurfit Kappa has patented a new innovative Vitop® Uno tap which is the first tap in the Bag-in-Box market to have attached tamper protection. The new tap design is compliant with the forthcoming Single Use Plastics Directive as it does not require the consumer to remove the tamper protection. Instead, it is deactivated when the product is first used and remains an integral part of the tap without affecting the subsequent use of the Bag-in-Box® product. This innovative solution eliminates the possibility of the tamper protection plastic ending up in the environment which can happen with detachable tamper protections. After use, the consumer can easily separate the box from the bag with the tap and send them for recycling in accordance with their country's recycling regulations.

Highlights • Strong financial performance from continuing operations ◦ Underlying EBITDA of €1,848 million, up 60% (2021: €1,157 million), with underlying EBITDA margin of 20.8% (2021: 16.6%) ◦ Profit before tax of €1,560 million, up 119% (2021: €712 million) ◦ Cash generated from operations of €1,292 million, up 29% (2021: €1,001 million); strong balance sheet with leverage (net debt to underlying EBITDA) of 0.5 times • €1 billion expansionary capital investment pipeline on track to deliver growth across our packaging businesses • Good progress made on our sustainability roadmap, Mondi Action Plan 2030 (MAP2030) ◦ Science-based Net-Zero targets validated • Completed sale of the Personal Care Components business • Agreed sale of Russian assets, with regulatory approval process ongoing