On December 30, Trioworld Group signed an agreement to acquire the German company Wentus GmbH (Wentus), a leading player in solutions for high-performance food-, consumer- and hygiene packaging, from Egeria Group. “We are very pleased and excited to welcome Wentus into the Trioworld group. The acquisition will give us the opportunity to grow an even stronger position in the market for advanced food-, consumer- and hygiene packaging, in Europe and in North America. Wentus has a proven track record of supplying the market with premium products and superior support, to maximize value for customers. “We have great confidence in the capabilities of the Wentus organization and management and look forward to joining forces and continuing the successful journey” says Andreas Malmberg, CEO of the Trioworld Group.

MM Kwidzyn has completed the consultation process with trade unions and works councils. The company has taken the decision on the closure of the packaging kraft paper machine (PM3). As a result of this decision, the production of packaging kraft paper IPACK ESSENTIAL, IPACK BROWN, IPACK ULTRA will be discontinued. The last production run on PM3 will take place early January 2024.

When we think about corrugated packaging, boxes used for shipping goods are probably what comes to mind for most adults. However, when given to children, those same boxes bring to life a world of wonder and creativity. What child doesn’t gravitate to empty boxes for play? From castles and robots to forts and rocket ships, corrugated boxes inspire a child’s imagination and help them understand how the world around them works. We asked employees to share some creative ways they and their children have used corrugated boxes. While moving homes, six-year-old twins put extra corrugated packaging to good use building a private fort and backdrop for their toys. “I was worried the boys would have nothing to do while we packed up the last of our house,” said Mary Beth Sharp, Vice President of Marketing. “But they came home from school and were super excited when they saw the extra boxes. They each made their own space and were content long enough for us to finish loading the moving truck.”

Amcor announced Web-Based Intelligent Packaging Evaluation (WIPE) as the winning student and faculty team of the latest Amcor Lift-Off pitch competition, hosted in partnership with Michigan State University (MSU). WIPE competed for an investment and collaboration opportunity as part of Amcor’s Lift-Off program, an open-call initiative aimed at supporting early-stage start-ups focused on innovative packaging solutions and related technologies. WIPE, developed by the research group of Dr. Euihark Lee at MSU’s School of Packaging, is an AI-based digital tool designed to leverage information mined from online customer reviews to assess the journey of a package throughout the distribution process. Once collected, the data is categorized for sentiment and key metrics, providing analysis that helps manufacturers identify critical issues during distribution and the consumer experience.

With their business going through a high rate of growth, the founders of an Austrian candle company Looops felt that the brand’s look and feel had reached its limits. A rebranding — including a redesign of the packaging — was the next logical step. The business started small but has since grown into new heights. As production volumes grew, the founders could no longer sustain making the glass containers out of recycled wine bottles themselves. As new types of containers were needed for the candles, rebranding the whole product line became relevant. As the outer packaging is the first thing the consumer sees, it too had to communicate the quality of the product and its brand values: pure, reduced and authentic – just like the fragrances used in the candles themselves. “We wanted the new brand design to be more than just a visual impression. We wanted it to reflect Looops’ journey, the experiences we have gained over the years and how they have improved the quality of our products. The packaging as a whole — from the material, to the visuals and the tactile feel — had to illustrate this as well,” explains one of the co-founders Julia Schliefsteiner.

As one of the policies under the EU Green Deal, the European Commission in November 2022 proposed a new regulation on packaging and packaging waste (PPWR) that will repeal the present directive (PPWD). One of the objectives is to make all packaging in the EU market recyclable in an economically viable way by 2030. But already now recyclable packaging is being encouraged through the implementation of eco-modulated fees in the different national Extended Producer Responsibility (EPR) schemes. Sign up for the webinar at: https://triowor.webinargeek.com/how-to-ensure-recyclability-in-your-value-chain Key takeaways: After watching this webinar, you will have the latest updates regarding recyclability in the coming Packaging and Packaging Waste Regulation and you will be aware of the standards that are being developed by request from the European Commission to support the regulation. You will also understand the difference between “design for recycling” and “recyclable” and know the coming steps in the legislation process and how it might affect your business. You will have seen concrete examples of adjustments made in flexible plastic packaging to meet coming EU legislation as well as requirements from national EPR schemes.

Moelven Wood and Billerud are joining forces to examine the possibility of developing a new sustainable packaging solution for Moelven's interior panels. The goal is to create a paper-based solution to replace the current plastic shrink wrap. The collaboration stems from an innovation competition organized by Paper Province. "Billerud's team presented a sharp and concrete solution that conveys sustainability, reflects the content, and visually stands out in stores. We are confident that we together can develop a packaging with good technical properties, that can add value to our products and have an achievable implementation in the factory.", says Tjalling Chaudron, Product Development Manager at Moelven Wood. Replacing the current shrink wrap packaging with one made from renewable materials is a step towards reducing Moelven Wood's carbon footprint. "The packaging solution that we presented offers a modern and attractive packaging for a modern and attractive panel.", says Björn Larsson, Business Development Manager at Billerud.

Novolex® announced that two of its brands, Eco-Products® and Vegware™, have earned coveted awards for their innovative solutions in compostable packaging. Eco-Products and Vegware were each honored with the Foodservice Packaging Award for Innovation in Manufacturing, tying for first place. Eco-Products earned the award for making high-quality digital print a reality on molded fiber packaging. Vegware was recognized for creating a compostable paper cutlery solution for markets that need fiber solutions across all packaging categories. “We are extraordinarily proud of our brands for their tireless commitment to innovation, creating new products that redefine excellence as we lead the way to a more sustainable future,” said Adrianne Tipton, PhD, Chief Technology Officer of Novolex.

Georgia-Pacific reinvested approximately $2 billion back into its business and operations in 2023. These capital improvement projects include launching and completing new facilities and enhancing existing operations. Each investment helps Georgia-Pacific better serve customers, and increase productivity and efficiency, while also creating greater economic opportunities for each facility's local economy. Georgia-Pacific made several investments large and small across its businesses. The projects listed below are large initiatives valued at approximately $100 million and up. For an overview of the projects, go to: https://www.youtube.com/watch?v=ATZglG3C5m4

International technology group ANDRITZ has received an order from Papel Prensa S.A. to supply a complete old corrugated containers (OCC) line including a reject handling system to its mill in Buenos Aires, Argentina. In its initial production phase, the new line will process 180 t/d of local OCC. The line's processing capacity can be easily increased through a minor adjustment to configuration to support the expected rise in pulp demand for the production of corrugated paper. The new line will provide high pulp quality at cost-efficient and resource-saving operation, with the latest technology available.

Work has begun on Saica Group’s new corrugated board factory in Barcelona, which will start operating in the spring of 2025. Located in the municipality of Sant Esteve Sesrovires, the plant will combine the operations currently carried out at Saica Pack El Prat and Saica Pack Barcelona. The new project involves an investment of more than Euro 100 million and aims to increase the current joint production of the two factories by up to 45%. The new factory will be equipped with the latest technology, seamlessly combining flexography and offset processes. It will offer significant advances through the digitalisation of customer services, enabling Saica to deliver the high-quality standards and service that set them apart from the market.

SCA is Europe’s largest private forest owner; and in addition to producing wood, the company’s 2.7 million hectares of land offer considerable wind power production capacity. This provides the company with excellent opportunities to produce renewable electricity with land-based wind power. More than 20 per cent of Sweden’s installed wind power is currently on SCA land in northern Sweden. By investing in its own wind power capacity, SCA is striving to become fully self-sufficient in electricity. In order to achieve a high degree of self-sufficiency at the lowest possible risk, the company has actively chosen not to enter into so-called Power Purchase Agreements (PPA). “We want to be able to produce renewable electricity and have a high degree of self-sufficiency to meet our own needs. We want to do this at low risk and have therefore waived PPA, for example regarding production at Skogberget,” says Mikael Källgren, President Renewable Energy at SCA.

Rottneros AB, one of the world's leading suppliers of first-class market pulp, is now investing in Blue Ocean Closures and becomes a co-owner of the Swedish start-up, developing proprietary fiber-based packaging materials. Since just two years, Blue Ocean Closures AB has developed technology to produce fiber-based closures for consumer packaging at large scale, aiming to replace current plastic solutions on a global market. The innovative technology and material have potential for many more high volume use cases and making an impact in terms of reducing plastic pollution and its climate effects.

Five small timber growers in KwaZulu-Natal, have made history by becoming the first participants in the Sappi Khulisa programme to achieve forest certification through the Programme for the Endorsement of Forest Certification (PEFC) in the Sappi Group Scheme for small growers. The five timber growers, with a total 8,143 hectares of timber area, have been successfully audited and awarded a PEFC Group Scheme certificate. The recipients of this significant award and founding members of the Sappi PEFC Group Scheme are the iMfume Cluster, consisting of more than 20l individual small growers from the Mfume district near Scottburgh, Sobengwe Trading from Ixopo, MG Farming from Richmond, Mclean M from Underberg, and Braecroft Timbers (Pty) Ltd from Underberg.

She will take office during the first half of 2024 and will be part of the Rottneros group management. The background is that Rottneros Packaging is now entering the next phase as the leading supplier of high-quality fiber-based packaging. This involves an increased focus on developing market position and reaching the right customers with full force, as well as increasing production capacity. So far, the main focus has been on developing the product and production process. Interest and demand are growing strongly for molded fiber trays as a sustainable alternative to fossil-based packaging. As part of Rottneros' commitment, the organization needs to evolve with both more people and new skills to maintain the pace of business development and enhance the group's leading market position.

Our durable packaging material can be recycled up to 25 times, and still do an important job in society. They also play an essential role in the global loop of paper recycling, which requires long fiber to be constantly added in order to work. With the ability to be born again and again – first as strong packaging, later as egg cartons or tissue. After six cycles the paper material can continue its journey, being recycled up to 25 times* into various everyday applications such as egg cartons and tissue. With an estimated shelf time of two years a single batch of our paper could potentially remain in use for about 50 years. Our durable paper is an important element in the recycling loop. By choosing our paper, you are not just selecting a product; you are participating in a cycle of environmental responsibility.

Stora Enso will record non-cash impairments of approximately EUR 514 million in its IFRS operating result in the fourth quarter of 2023. The impairments will be reported as an item affecting comparability (IAC). Including the estimated positive tax effect of EUR 65 million, the net result impact will be approximately EUR 449 million negative. The fixed asset impairments in the Packaging Materials division mainly relate to the Business Unit Containerboard and in the Biomaterials division to the Nordic production units. The impairments are mainly a consequence of Stora Enso's predictions of a weaker outlook compared to previous estimates.

RM Machinery announces the installation of a second press from the RMGT 10-Series line to Relevant Packaging of Omaha, Nebraska—the RMGT 1060TP-8 (7/1)+DD+LD. The installation, which took place in September 2023, coincided with the folding carton company’s milestone of achieving 40 million impressions on its RMGT 1050LX-6+CC+LD, a press purchased from RM Machinery in November 2022. The two RMGT presses from the 10-Series line are now predominantly responsible for Relevant Packaging’s folding carton production. Prior to purchasing the RMGT 1060TP, Relevant Packaging operated an offset press from another manufacturer that required multiple passes during production over the course of seven days. With the 1060TP, Relevant Packaging was able to cut its production time to four days thanks to the press’s ability to print seven colors on one side and an eighth on the other using UV ink in a single pass.

Cortec® is pleased to announce that its Cortec® Coated Products (CCP) division in Eau Claire, Wisconsin, has won the Wisconsin Recycling Excellence Award! CCP is one of 11 organizations that received the award this year from the Wisconsin DNR (Department of Natural Resources) in recognition of outstanding efforts to recycle and reduce waste. CCP’s award falls under the category of “Projects and Initiatives” that have led to the recycling of more material and/or better recycling cost-effectiveness. In addition to sourcing most of its paper rolls from recycled content, CCP’s specialty is to apply a corrosion inhibiting coating that still allows the paper to be recycled after use. This is an important environmental benefit for manufacturers and distributors that use Cortec® VpCI® Paper to package and protect metal parts in a variety of industries.

Mondi has introduced its Advantage StretchWrap, a paper wrapping solution that replaces plastic stretch film and enables a more efficient logistics process, to Sentrex, a European manufacturer of paper bags. Advantage StretchWrap is a fully recyclable kraft paper that is made from responsibly sourced materials. Mondi developed it to stretch and resist punctures, making it ideal for replacing the plastic stretch film that has traditionally been used for pallet wrapping and transportation. Advantage StretchWrap has 62% lower greenhouse gas (GHG) emissions when compared to virgin plastic stretch film, and 49% lower GHG emissions when compared to plastic film made with 50% recycled content, according to a peer-reviewed independent life cycle assessment.* By switching to Mondi’s kraft paper solution and using EW Technology’s fully automated machinery, Sentrex was able to increase efficiency in the wrapping process: The production of the paper bags requires a drying process to remove moisture from the bags before they can be wrapped in plastic stretch film, to avoid condensation within the packaging. Mondi’s Advantage StretchWrap is breathable and can therefore be used to wrap and pack products immediately after paper bag production within one in-line process.

Elopak has announced plans to build its first U.S. production plant with the latest state-of-the-art technology for better and more efficient production. The plant will produce Pure-Pak® cartons for liquid dairy, juices, plant-based products and liquid eggs. The new production facility will be located in Little Rock, Arkansas and is expected to start production in H1, 2025. It represents a significant investment for the region of around USD 70 million including the land, the building and the equipment. The new plant will create more than 100 permanent jobs in the region for engineers, printers, operators, logistics specialists and other support groups.

The newest products made with at least 10% PCR include: • Signature dessert cups: Designed to enhance dessert presentations, these transparent cups are available in three sizes and come with a universal lid. All are made with polyethylene terephthalate (PET), a strong, lightweight and recyclable plastic. • CakePak™ bases and lids: These clear containers offer the patented EZ Release™ system that features easy-to-use lift tabs, making the containers simple to open and seal. They offer different bases to fit various cake designs, with customization options available. • BreakAway™ tamper-evident containers: These clear containers keep food safe and secure with a tamper-evident feature indicating when the top has been removed. They also are stackable and available in various popular sizes and shapes. • Multi-use clamshells: These clear containers provide optimal product visibility and enhance food presentation. They also feature a secure closure that provides a tight seal to keep food fresh. The clamshells come in a variety of custom shapes and sizes, making them ideal for loaf cakes, cookies and more.

UPM Raflatac has released the findings of a new neuromarketing study. Results show the power of different label materials and finishes to shape consumer perceptions and drive purchasing. Focused on white wine labels, the research carried out in collaboration with partners in the packaging value chain, ARGEA, SenseCatch, Kurz, and Krämer Druck, shows that label material and finishes all have a significant part to play in consumer purchasing behavior and post-purchase enjoyment. The research has been summarized in a book, which also features a foreword by Uwe Melichari, a sustainable packaging expert, designer, and Pentawards jury member. The book is available in three languages and as a digital version. A wine’s label plays a pivotal role in the consumer’s decision to buy it or not. In fact, according to a study on the wine sector conducted by wine.net, it was found that 82% of a sample of 2000 consumers relied primarily on the label to choose their favorite wine. Many other studies have also commented on the link between the perceived taste of wine and expectations, and how these are influenced by the label’s color, shape, paper, printing technique, and overall design.

Aptar Pharma, a global leader in drug delivery systems, services and active material science solutions, today announced the opening of its new Aptar Mumbai site, which will increase manufacturing capabilities in South East Asia. An inauguration ceremony held on December 1, 2023, marked the official opening of the new Aptar Mumbai production facility in the Palava Industrial and Logistics Park at Taloja, Mumbai. Members of Aptar’s Executive Committee and Aptar Pharma’s Global Leadership Team welcomed more than 100 key customers and Aptar employees from the Mumbai and Hyderabad, India sites to this momentous occasion, which included a ribbon cutting and tree-planting ceremony. Manufacturing capabilities at Aptar Mumbai, which began in 2012 with the assembly and supply of metered dose valves and pumps, have now been expanded to offer more innovative product solutions and ensure increased manufacturing capacity to pharma customers in South East Asia.

A 100 per cent recycling target by 2050 for the world’s aluminium drinks cans has been set by industry leaders at COP 28. Aluminium producers, recyclers, rolling mills, can makers and industry associations have set the target having stressed the need for enhanced recycling to support the IEAs Net Zero 2050 goal. Currently more than 70 per cent of aluminium beverage cans are recycled into new products but this figure falls short of making the complete contribution necessary for achieving the 1.5-degree target.

Fourth Quarter Results Include (all results compared to the fourth quarter 2022 unless otherwise noted): *Net income of $67.8 million or $1.16 per diluted Class A share compared to net income of $99.5 million or $1.67 per diluted Class A share. Net income, excluding the impact of adjustments(1), of $90.9 million or $1.56 per diluted Class A share compared to net income, excluding the impact of adjustments, of $109.0 million or $1.83 per diluted Class A share. *Net cash provided by operating activities decreased by $83.1 million to $203.5 million. Adjusted free cash flow(3) decreased by $98.3 million to $136.2 million. Fiscal Year Results Include (all results compared to the fiscal year 2022 unless otherwise noted): *Net income of $359.2 million or $6.15 per diluted Class A share compared to net income of $376.7 million or $6.30 per diluted Class A share. Net income, excluding the impact of adjustments, of $358.7 million or $6.14 per diluted Class A share compared to net income, excluding the impact of adjustments, of $471.2 million or $7.87 per diluted Class A share. *Net cash provided by operating activities decreased by $8.0 million to $649.5 million. Adjusted free cash flow decreased by $25.1 million to $481.2 million.

Paper production in Laakirchen and Steyrermühl is undergoing radical changes. The two sites - in future both part of the HEINZEL GROUP - are to grow together into a center for sustainable packaging papers, renewable energy and wood processing. Several key projects are planned and the projects are being presented at a press conference of Laakirchen Papier AG on Wednesday, December 6th: from the conversion of the paper machines to the production of sustainable packaging papers to the conversion of the energy supply to renewable energy sources through the use of existing recyclable and residual materials to the expansion of district heating. The HEINZEL GROUP is pursuing ambitious climate targets, focusing even more on the circular economy and planning to significantly reduce its consumption of fossil natural gas.

Mondi has expanded its range of saturating kraft paper and increased capacity, in order to improve and enhance its service to manufacturers of internal and external building panels, worktops, furniture and technical films. With the previously announced investment in a new paper machine at its Štĕtí plant in the Czech Republic and further increases in production efficiency, Mondi will optimise capacity across its mill network, providing increased production of its saturating kraft, Advantage MF Boost, at Mondi Frantschach in Austria and Mondi Dynäs in Sweden. Both Frantschach and Dynäs mills are ideally placed to deliver short lead times across Europe and provide customers with reassurance of good service and production back-up. These changes signal Mondi's commitment to increase the availability of Advantage MF Boost – the kraft paper that is used in laminated applications.

Global packaging leader Sonoco is pleased to announce the expansion of its flexible packaging service operations with the acquisition of Inapel Embalagens Ltda. in Brazil. Inapel has been an industry leading flexible packaging manufacturer for over 50 years. The company currently operates two facilities in São Paulo – one in Jundiai and the other in Guarulhos – with approximately 500 employees companywide. Production capabilities range from rotogravure printing, adhesive and extrusion laminations, specialty coatings, cold seal, pouching and cylinder engraving. Inapel will add to Sonoco’s existing flexible packaging operation in Pinhais, Brazil. The Sonoco Graffo site has been a top producer of high-quality rotogravure printing and sophisticated lamination for eight years and is one of the largest converters of foil-based flexibles packaging.

Georgia-Pacific seeks to grow its retail consumer tissue business through a $150 million investment in its facility in Halsey, Oregon. Investments at Halsey, which started in 2022, will increase production capacity for high quality bath tissue, with initial production expected in 2025. When the work at this facility is complete, Georgia-Pacific will have invested more than $200 million in paper machine and converting assets. “This truly is an investment in our customers and consumers who appreciate the quality of our products,” said Vivek Joshi, president of the retail tissue, towel, and napkin business for Georgia-Pacific. “It is a clear indication of Georgia-Pacific’s focus on growing our premium tissue business and creating products that consumers value.” The Halsey facility makes both bath tissue and paper towels for the consumer market, and the improvements will support Georgia-Pacific’s premium tissue offerings, such as Quilted Northern Ultra Plush® tissue, as well as customer branded tissue.

Liberty Coca-Cola Beverages, a local Coca-Cola bottler serving Philadelphia, New Jersey and New York City, and WestRock will collaborate to implement a paperboard carrier that replaces plastic rings for its multipack bottled beverages. WestRock’s PETCollar™ Shield Plus paper-based packaging will be used at Liberty’s Philadelphia production facility to package Coca-Cola’s top brands in multipacks. The 12 ounce (355 millileter) and 16.9 ounce (500 milliliter) products packaged with the durable, easy-to-hold carriers will be distributed throughout Liberty’s multi-state territory. Liberty Coca-Cola Beverages will be the first bottler in the world to implement the PETCollar Shield Plus bottle clip solution. “We’ve made it our mission to invest in technology that produces recyclable beverage containers that can return to our system while significantly reducing the need for secondary plastic packaging,” said Fran McGorry, co-owner of Liberty Coca-Cola Beverages. “We know the most valuable change to reduce plastic waste occurs when bottlers and packaging producers work together. We are proud to partner with WestRock to make this change.”

Huhtamaki accelerates strategy implementation by starting a program which is expected to materially support the profitability of Huhtamaki with efficiency improvements leading to savings of approximately EUR 100 million over the next three years. All cost levers will be addressed including potential restructuring to a more optimal manufacturing footprint, reducing input costs at an accelerated pace, and improving productivity globally. The costs of the program are expected to be approximately EUR 80 million, which upon materialization will be treated as items affecting comparability. The program’s performance will be monitored and communicated on a regular basis. Huhtamaki’s updated 2030 growth strategy was announced in March 2023. It is focused on scaling the profitable core for growth, innovating in sustainable packaging solutions for additional growth, and delivering world-class operational performance. With this updated strategy the Company raised its long-term financial ambition to grow 5-6% p.a., reach 10-12% adjusted EBIT%, and deliver 13-15% adjusted ROI.

CANPACK Group and BA Glass announce that on November 28th they have entered a definitive agreement whereby CANPACK Group will transfer its CP Glass operations in Poland to BA Glass. Consequently, the CP Glass plant located in Orzesze will be incorporated into the existing glass operations of BA Glass in Poland where BA operates two plants located in Sierakow and Jedlice. The parties are committed to ensure a smooth transition of the CP Glass operations and employees into the BA Glass organization in Poland. This agreement, which is pending customary merger control approval from the Polish competition authority and other customary closing formalities, is anticipated to be completed during the first half of 2024. Marius Croitoru, CANPACK Group CEO stated: “CP Glass is a strong niche manufacturer of glass bottles for beverages, and we are confident that our CP Glass operations and team will find a new home with BA Glass, one of the world leaders in the manufacture of glass packaging. With this sale, CANPACK Group will continue to focus its resources on its core businesses.”

Smurfit Kappa has launched its new SupplySmart digital solution, which helps businesses to intelligently adapt their packaging to increase efficiency and reduce emissions across their supply chains. SupplySmart has evolved to tackle increased supply chain complexities and uncertainty in a world which has seen one supply chain disruption after another. Using insights from the analysis of over 100,000 supply chains, it identifies opportunities for optimisation across the entire length of the supply chain. Its new digital twin feature also allows businesses to test their updated packaging in a virtual environment to eliminate risks ahead of implementation. Leading German consumer goods company Henkel partnered with Smurfit Kappa to launch a compact and sustainable paper-based alternative to plastic packaging. SupplySmart was used to build a digital model of Henkel’s supply chain to achieve the company’s goals of reducing CO2 emissions while introducing a more user-friendly and compact pack.

The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Swedish company Billerud, a world-leading paper and packaging materials supplier. The loan supports investments in the modernisation and upgrade of a bioproduct mill, including the replacement of a recovery boiler. The upgrades are well anchored in Billerud’s sustainability strategy and will secure high environmental performance for the mill, with increased energy and resource efficiency. Materials made at Frövi mill are used in various packaging applications, with a particular focus on food and beverage packaging — an area that has strict requirements in terms of durability and hygiene standards. Fibre-based packaging has the advantage of being fossil-free, recyclable, and biodegradable — features that set it apart from fossil-based types of packaging. Materials produced by Billerud can be recycled many times and made into recycled board, before finally being used for energy production.

With the ongoing development of the United Nations Treaty on Plastic Pollution, governments from over 170 nations are working toward policy measures to combat the negative environmental impacts of hard-to-recycle plastics. The introduction of bans, levies, and increased disposal fees for EPS packaging materials will continue to be on trend for the foreseeable future, especially in regions lacking recycling infrastructure. Corrugated packaging solutions are 100% recyclable and 100% compostable, making them the ideal packaging material. What’s more, Mondi’s corrugated packaging solutions includes a wide portfolio of corrugated boxes made of recycled fibres. Paper-based packaging boasts an impressive 82.5% recycling rate in Europe, outperforming the combined recycling rates of all other packaging materials.7 The recycling value of corrugated packaging has enormous potential worldwide. Paper fibre can be recycled with good quality many times, keeping fibres in circulation.8,9

The project to expand folding boxboard production capacity has been completed at the Husum integrated pulp and paperboard mill in Sweden. With the modernisation of the board machine 1 (BM1), the annual production capacity of folding boxboard (FBB) will be increased by 200,000 tons to reach 600,000 tons. This will make the Husum BM1 the largest, and most modern, paperboard machine in Europe and further strengthen Metsä Board’s position as the leading European supplier of folding boxboards. The expansion of folding boxboard capacity is in response to the growing demand for packaging materials made of renewable resources. The BM1 produces folding boxboards that are lightweight, without sacrificing strength properties, which saves on raw materials usage and helps to reduce the carbon footprint of packaging.

Due to uncompetitive wood prices from the Polish State Forestry Monopoly and significantly reduced market demand for paper and cardboard products, the company has decided to significantly reduce the planned multi-year strategic investment project at MM Kwidzyn with a focus on energy, further pulp integration and product portfolio, which was announced at the end of April 2023 . MM Kwidzyn will instead focus investments on further increasing its already high share of renewable energy from the current 69%. In addition, discussions were started with employee representatives about a possible closure of the small paper machine (PM 3) for packaging kraft paper and about restructuring, which could lead to a reduction in the workforce of around 110 employees. MM Kwidzyn will continue pulp and virgin fiber board production unchanged. In the paper sector, the PM 1 and PM 2 paper machines will continue to produce up to 360,000tpa of uncoated fine paper and 40-80,000tpa of “IPACK TM Strong Pro” (packaging kraft paper). Since one of the fine paper machines has not been converted, no sack kraft paper will be produced in Kwidzyn.

The third-party certification verifies mass balance chain of custody and traceability from raw materials to finished products. Given this, Pregis can produce films classified as advanced recycled (circular, bio-circular and/or bio-based). Ryan Wolcott, chief sustainability officer, explains the significance of this achievement, "Obtaining ISCC PLUS certifications for two additional facilities is a pivotal step in furthering our circular economy goals. This certification validates our ongoing investments in product development and our commitment to sustainability and lowering greenhouse gas emissions. This step represents one more path toward overcoming plastic waste and our goals of incorporating recycled content into our products through both mechanically recycled and advanced recycled sources."

TC Transcontinental announced that it will be phasing out operations at its Tomah (WI) packaging plant in anticipation of the complete closure of the facility in early February 2024. Operations will gradually be transferred to TC Transcontinental Packaging’s plants in Battle Creek (MI), Clinton (MO), Elgin (IL), Lenexa (KS) and Spartanburg (SC) to ensure a smooth transition for customers and maintain high-quality service. “In line with our priority of optimizing the return on our assets, reducing costs and improving operational efficiency, we have made the decision, after thorough consideration, to close our Tomah, Wisconsin, plant. Servicing our customers in the most competitive manner is something we are constantly evaluating and taking action on,” said Jeff Lasley, Senior Vice President, Dairy, Protein and Pet Food (DPP), Latin America and New Zealand, TC Transcontinental Packaging.

Pactiv Evergreen Inc. released its latest Environmental, Social and Governance Report, 'Packaging a Better Future,' sharing progress toward the Company’s ambitious goals in 2021 and 2022. The report highlights advancements across the Company's three strategic ESG pillars – Protect Our Planet’s Resources, Deliver Sustainable Products Essential to Consumers and Value Our People and Communities, supported by strong ESG governance practices. “Our commitment to sustainability is foundational to our Purpose of Packaging a Better Future and is guided by our Value to Do What’s Right to deliver sustainably manufactured products with ethics and integrity,” said Mike King, President and Chief Executive Officer of Pactiv Evergreen. “Every day we strive to operate with respect for the environment and are dedicated to sustainability across our product portfolio, manufacturing and supply chains.”

Matrix Pack, a leading global provider of fiber-based food packaging products and solutions, partnered with Stora Enso’s Fiber as a Service (FaaS) to successfully accelerate the time-to-market of their molded fiber range. Fiber as a Service helps converters broaden their offering, assisting them with everything needed from education to support, tools, recipes, and a broad network of suppliers. To help converters broaden their offerings with molded fiber products, Stora Enso has launched Fiber as a Service. Also called: FaaS, an all-in-one service to help converters with wet and dry molding of, for example, cup lids, bowls, cutlery, and other similar products. Whether it is about getting started or scaling up production, FaaS by Stora Enso can help with material supply, consultancy, and tooling. The idea is to support converters produce molded fiber products to meet regulations and serve consumer demand.

Clearwater Paper Corporation announced a collaboration with Charter Next Generation (CNG) for an early-to-market initiative to include advanced recycled polyethylene in Clearwater Paper's private label tissue packaging offerings. Advanced recycling includes difficult-to-recycle waste plastics converted into new plastics that perform like virgin materials. The purchase of this material in the place of traditional resins helps to give new life to some plastics otherwise headed to landfills. "CNG is providing a competitive edge and is leading the way in transforming waste plastics into useful products. This advancement is critical to our success in meeting and exceeding sustainability goals for Clearwater Paper," said Mike Urlick, senior vice president and general manager, consumer products at Clearwater Paper.

Fourth Quarter Highlights *GAAP: Net sales of $3.1 billion; Operating income of $301 million; Earnings per share (EPS) of $1.55 *Returned $216 million to shareholders ($185 million via share repurchases and $31 million in dividends). Fiscal Year Highlights *GAAP: Net sales of $12.7 billion; Operating income of $1.1 billion; EPS of $4.95 *Cash flow from operations of $1.6 billion; Free cash flow of $926 million *Returned $728 million to shareholders ($601 million via share repurchases and $127 million in dividends)

Eco-Products® announced today that it has been recertified as a B Corporation, once again achieving the coveted distinction for meeting “high standards of social and environmental performance, accountability and transparency.” This is the third time the company has gone through the rigorous certification and verification process. To achieve this distinction, Eco-Products met score requirements of the B Impact Assessment, which rates business factors such as employee benefits, civic engagement, DE&I initiatives, product environmental benefits and the impacts of business operations.

Vegware™, a leading provider of compostable foodservice packaging solutions, is thrilled to announce its first certification as a B Corporation. This prestigious recognition reflects Vegware’s commitment to ethical and responsible business practices that benefit both society and the environment. The certification is a testament to Vegware’s dedication to fostering positive change. By meeting rigorous social and environmental performance standards, Vegware has joined a global community of businesses that prioritises environment, people, community and also purpose.

Following successful commercial consumer testing in 2022, Tetra Pak and Lactogal have now launched an aseptic beverage carton featuring a paper-based barrier. This is part of a large-scale technology validation, involving around 25 million packages and currently ongoing in Portugal. Made of approximately 80% paperboard, the package increases the renewable content to 90%, reduces its carbon footprint by one third (33%1) and has been certified as Carbon Neutral by the Carbon Trust™.2 Greenhouse gas emissions, food waste and plastic littering are cited as the top three environmental sustainability concerns facing food and beverage (F&B) businesses today, and this is expected to remain the case over the next five years.3 Packaging solutions like these, that expand the amount of paper and lower the carbon footprint, while ensuring food safety, can help the industry overcome these challenges.

Trioworld launched the first ever Post-Consumer Recyclates (PCR) based bale wrap in Agritechnica 2019, the world’s largest agricultural exhibition. With more than five million bales successfully wrapped in high-performance bale wrap made of recycled content since then, Trioworld now displays a full assortment of premium products for baled silage with recycled content at Agritechnica 2023. “We believe that this is the bale wrap of the future”, says Anders Larsson, Product manager Agricultural stretch films at Trioworld. “The performance is just as we want it. Silage quality and wrapping performance have proven to be on equal level as with our premium products without PCR. The fact that five million bales have been successfully wrapped with our bale wrap containing recycled material is just additional proof that it really does work”, he continues.

Norske Skog announced that the start-up of the rebuilt PM 1 at its Golbey mill in France will we delayed and has been again postponed from Q2 2024 to the second half of next year due to delivery delays. In addition, the net investment amount for the conversion project will increase from €265m to €300m, primarily due to increased purchase prices for goods and services as well as somewhat delayed deliveries of equipment. In July this year, the company had postponed the start-up to Q2 2024 in order to align it with the commissioning of the new biomass boiler. The Golbey project is to convert PM 1 from newsprint to recycled containerboard production. The rebuilt paper machine will have an output capacity of 550,000 tpy, and Norske Skog expects the machine to run at 95 per cent of full capacity within two to three years after start-up. PM 1 formerly produced up to 250,000 tpy of newsprint and was stopped in the fourth quarter of 2022 to commence the rebuild.

Smurfit Kappa has developed a recyclable film to replace the nylon which is commonly used in bag-in-box products, particularly in the US. Nylon bags are often used in bag-in-box packaging which requires extra protection, for example motor oil or detergents or large industrial-use food bags. Nylon is also sometimes chosen when there is particularly long or complex supply chain. Smurfit Kappa Bag-in-Box has developed a polyethylene film which has similar properties to nylon, in terms of strength and resilience but, unlike nylon, is recyclable. Massimiliano Bianchi, COO of Smurfit Kappa Bag-in-Box, commented: “Our new Lx polyethylene film is much better for the planet because polyethylene is the most developed recyclability stream in the flexible packaging sector.

Trioworld, a leading producer of innovative, high-performance plastic packaging solutions in Europe and North America with its head office in Sweden, is proud to announce that it has once again received the EcoVadis Platinum medal, the highest-level of recognition from EcoVadis, a leading provider of business sustainability ratings. “I am again truly honoured by this third consecutive EcoVadis Platinum medal”, says Andreas Malmberg, CEO of Trioworld Group. “This acknowledgement of our ambitious sustainability agenda and performance is of great value to us as well as to our customers. Cooperation and credibility are essential components if we are to achieve sustainable value chains, that include flexible plastic packaging, to accelerate the journey towards a circular economy for plastics.” continues Andreas Malmberg. “The EcoVadis Platinum medal helps us to provide our stakeholders with a deeper understanding of our ESG practices by demonstrating our sustainability performance through a scorecard. And it encourages us to continuously improve our processes and performance,” says Andreas Malmberg.

Paper and paper-based packaging manufacturers in the United States have renewed their commitment to sharing the industry’s successful sustainability story by continuing support for the Paper and Packaging Board program. In a recent referendum, 53 percent of domestic manufacturers and importers — who represented 53 percent of the volume of paper and paper-based packaging voting in the referendum — voted in favor of continuing the Paper and Packaging Board program. The decision comes in time for America Recycles Day on Nov. 15, another opportunity to highlight paper’s unmatched recycling record.

“Being acknowledged by AF&PA and receiving this award for PawPrint® Pet Food Packaging is a great achievement. It demonstrates how we are living up to our purpose to purify and protect with every fiber for a sustainable world by innovating more sustainable solutions,“ says Mark Ushpol, Executive Vice President for Ahlstrom’s Food and Consumer Packaging division. Ahlstrom’s PawPrint® papers provide pet food brand owners functional and visually appealing pet food packaging, eliminating plastic and using fiber-based materials, while helping pet food manufactures achieve their sustainability metrics. They are made from renewable materials and are recyclable and compostable. What makes the product truly unique is that it is produced with Ahlstrom’s FluoroFree® proprietary technology, making it fully grease-resistant without the use of PFAS compounds. Ahlstrom’s next generation of PawPrint® packaging solutions additionally ensure pet food shelf-life requirements are met while achieving pet-palatability test results for the most distinguished of pet consumers.

*Earnings before interest, taxes, depreciation and amortization ("EBITDA") from ongoing operations for Aluminum Extrusions was $5.1 million in the third quarter of 2023 versus $12.1 million in the third quarter of last year due to sluggish market conditions. EBITDA from ongoing operations during the last four quarters has been weak, in a range of $5.1 million to $14.6 million. -Sales volume of 32.5 million pounds in the third quarter of 2023 declined significantly versus 45.5 million pounds in the third quarter of last year. -Open orders at the end of the third quarter of 2023 were approximately 17 million pounds (versus 20 million pounds at the end of the second quarter of 2023), which is below the quarterly range of 21 to 27 million pounds in 2019 before pandemic-related disruptions that resulted in excessive open orders, which peaked in the first quarter of 2022 at approximately 100 million pounds. *EBITDA from ongoing operations for PE Films was $4.0 million in the third quarter of 2023 versus $0.4 million in the third quarter of 2022. EBITDA from ongoing operations during the last four quarters has been low with a range of negative $2.6 million to positive $4.0 million. *EBITDA from ongoing operations for Flexible Packaging Films (also referred to as "Terphane") was $0.5 million during the third quarter of 2023 versus $7.8 million in the third quarter of 2022 primarily due to lower sales volume and lower margins that the Company believes were driven by customer inventory corrections earlier in the year and now are being driven by global excess capacity and competition in Brazil from imports. See the Status of Current Corporate Strategic Initiatives section of this report for information on the sale of Terphane.

Huhtamaki’s subsidiary in India has recently consolidated five manufacturing sites into larger local units. Following the reorganization, the company has sold its real estate in Thane, India, from where a manufacturing facility and offices have been transferred. The real estate was sold to Phoenix Group, a large real estate developer, for EUR 47 million. Huhtamaki will book a gain of approximately EUR 44 million in the fourth quarter of 2023 and it will be treated as an item affecting comparability.