Adoption of Oji Group’s paper product by Nestle Group

Q3 2020 Highlights: *Net Sales were $1,697.7 million versus $1,581.6 million in the prior year period. *Net organic sales increased 4.2% in the quarter and increased 3.5% for the first nine months of 2020 versus the prior year period. *Net Income was $63.7 million versus $52.1 million in the prior year period. *Global liquidity was $1,557.1 million at quarter end. *Returned $366.7 million to stakeholders in share repurchases, dividends, partnership distributions and redemptions; included $89.9 million in common shares repurchased during the quarter.

Since its launch in 2015, Mondi’s SPLASHBAG has celebrated international success – and it does not stop here: its rain resistance has tripled to up to six hours and it now prevents moisture ingress for up to five days. “We have introduced a new industry standard here for paper bags to benefit our customers,” says Claudio Fedalto, Sales & Marketing Director, Mondi Industrial Bags. “Workers can now store their cement sacks in damp environments for a whole working week without worrying about the materials getting wet.” Click Read More below for additional information.

Aptar announced the next phase of its global capacity expansion plan in North America, at its Aptar Congers, New York site. This investment will help Aptar meet the growing prescription and consumer healthcare customer demand for proprietary drug delivery systems in North America. The North America Capacity Extension will benefit local customers. Manufacturing began at Aptar Congers in 2002 with a cleanroom and the production of Aptar Pharma’s VP3 pumps, and today the site manufactures a wide range of proprietary drug delivery products for nasal and injectable delivery routes. To support increasing patient demand for systemic nasal delivery, Aptar Pharma is significantly expanding the manufacturing capacity of its proprietary Unidose (UDS) Nasal Spray Systems via the addition of molds and assembly lines in cleanroom manufacturing settings, with the additional capacity planned to come online in Q4 2024.