An expanded partnership with Zalando to optimise packaging solutions

Metsä Board’s CEO Mika Joukio: ”In 2024, demand for fresh fibre paperboards has clearly improved from last year’s record-low level, although demand growth has been somewhat slower than expected. At the beginning of the year, demand was boosted by restocking in the value chain, which levelled out towards the end of the first half. In July–September, the demand and price situation for paperboards was similar to the previous quarter. Due to higher living costs, consumers’ purchasing behaviour remained relatively cautious, and consumption is more focused on services than on products. Metsä Board’s first half was overshadowed by the political strikes in Finland and the gas explosion at Metsä Fibre’s Kemi bioproduct mill. These caused us large production and sales losses and significant additional costs. We expect the negative impact on the operating result to total EUR 65 million, including the impact of Metsä Fibre’s share of the result. The July–September result includes EUR 23 million in insurance compensation related to the gas explosion in Kemi. Negotiations with the insurance consortium are still ongoing.

Created for the circular economy, with resource and waste reduction at the core of the design from inception, the DD Wrap is an innovative and sustainable shelf-ready packaging solution. It is circular economy ready while it is also increasing supply chain efficiency and enhancing the in-store shopping experience. The DD Wrap packaging is customised for a variety of packaging solutions and is created from a single piece of cardboard without perforation at the front side to improve visibility and appeal at the point of display. It is easy to open to improve accessibility which reduces the need for sharp tools during box opening.

2K30 includes real, measurable goals, close cooperation with Pregis partners, vendors and customers worldwide, and an open invitation for like-minded companies and individuals to join the company in doing better. The goal is to contribute to protecting and preserving the planet for generations to come. Working hand in hand with its network and forming new alliances, by the year 2030, Pregis will: *Reduce its greenhouse gas emissions intensity by 25% *Eliminate 1 million customer reshipments *Save 15 million new trees from harvest *Make 100% of Pregis products recyclable, reusable, or with a minimum 30% reduced reliance on new fossil-based ingredients *Achieve 100% product and process waste reduction at Pregis facilities globally *Invest $15 million in circular, scalable, and sustainable material, process and waste solutions globally *Make a positive impact on 25 million lives