Amcor recognized with prestigious award for recycle-ready coffee packaging

Amcor announced its support for the launch of the U.S. Plastics Pact’s Roadmap to 2025, an aggressive national strategy for how the U.S. Pact, Amcor and other signatory organizations – known as Activators – will achieve four 2025 targets. Launched today, the plan delineates specific actions, responsibilities and timeframes necessary to realize a circular economy for plastics in the United States. As a U.S. Pact Activator, Amcor joins others in the plastics value chain to drive progress through systemic change toward the 2025 targets: *Define a list of packaging to be designated as problematic or unnecessary by 2021 and take measures to eliminate them by 2025. *100% of plastic packaging will be reusable, recyclable or compostable by 2025. *By 2025, undertake ambitious actions to effectively recycle or compost 50% of plastic packaging. *By 2025, the average recycled content or responsibly sourced bio-based content in plastic packaging will be 30%.

SCA’s earnings for the second quarter were stronger compared with the preceding quarter and the year-earlier quarter. Demand for fiber-based products gradually grew during the first half of the year, which led to progressively higher selling prices that positively impacted earnings. The high rate of self-sufficiency in wood raw material, energy and logistics continued to contribute to effective cost control and the strategic capital expenditures recently made in pulp and packaging paper resulted in higher delivery volumes. The supply of wood raw material to SCA’s industries was stable. The price of sawlogs and pulpwood continued to rise slightly compared with the preceding quarter. Seasonally stronger demand combined with higher sawlog costs led to increasing selling prices for solid-wood products compared with the preceding quarter. Demand in the Pulp segment remained at a good level with increased delivery volumes and progressively higher selling prices compared with the preceding quarter.

We’re excited to announce that in partnership with our valued customer, Coca-Cola Consolidated, our Stretch Film Recycling Program is currently creating post-consumer recycled (PCR) resin from used and recaptured stretch film! To reduce carbon emissions and the use of virgin material, we are creating a pilot closed-loop system for Coca-Cola Consolidated’s stretch film by reclaiming the high-quality film that we sell them so that it can be reused in new stretch film applications. Stretch film is essential for business-to-business logistics and allows pallets of products to make it safely through the supply chain efficiently and without damage.