American Forest & Paper Association Releases September 2020 Containerboard Monthly Report

Lacerta Group LLC has announced the launch of Hot N’ Sealed, a new microwaveable food packaging line for prepared foods. Available in three sizes, Hot N’ Sealed packaging is perfect for side dishes, individual meals, and family meals. Standout features include: *Easy-to-open, tamper-resistant closure so your food travels safely *A leak-resistant PET lid provides clarity, highlighting quality ingredients and boosting shelf appeal *Strong materials and smart design to preserve food freshness. A recent boom in grocery delivery and grab-and-go markets has spurred a new host of prepared food products at food retailers across North America. Food producers and grocery chains have expanded their food options and need strong, tamper-resistant packaging to ensure a positive customer experience.

Novolex® and Pactiv Evergreen Inc. announced they have entered into a definitive agreement to combine, creating a leading manufacturer in food, beverage and specialty packaging products. The combination brings together two highly complementary businesses that will offer a broad product platform, establishing one of the most diverse substrate offerings in the packaging industry. The asset base will include an extensive manufacturing footprint and an expansive distribution network, enhancing the combined company’s ability to serve customers ranging from large, blue-chip brands to small businesses that serve millions of consumers every day. “This transaction reflects the continuation of our long-term growth strategy to create the industry’s most innovative, sustainable and customer-focused company,” said Stan Bikulege, Chairman and CEO of Novolex. Michael King, President and Chief Executive Officer of Pactiv Evergreen, said, “We are pleased to reach this agreement with Novolex, which shares our commitment to product quality and recognizes our potential for future growth."

Tetra Pak announces its collaboration with Fresh Start, a leading food technology incubator that works with a portfolio of start-ups to provide technological solutions to some of the challenges facing the global food systems. As Tetra Pak’s first collaboration with a food processing technology incubator, this initiative will combine the company’s industry expertise with Fresh Start’s innovative approach to drive solutions that will contribute to improving food systems resilience. Its portfolio of solutions includes Bountica, a fermentation-based mechanism that prolongs the shelf life of food and beverage products and Alteco, a device which helps production facilities manage their energy consumption. Fresh Start is based in Israel, one of the world’s major centres of food innovation and investment.