Berry Global Expands Its Capabilities With Investment in European Nonwovens Capacity

Berry Global Group, Inc. (NYSE: BERY), a leading global nonwovens manufacturer, announced its second investment for 2021 in the wipes segment to support the long-term consumer behavior shift towards infection prevention, amplified by the COVID-19 pandemic. The investment, located in Europe, will increase Berry’s production footprint in support of its global customers, with total investments reaching over $110 million in nonwoven materials for products such as hard surface disinfectant wipes. Prior to the demand surge of 2020, the European impregnated wet wipes segment, for home cleaning and disinfecting, was growing at the rate of five percent in the 2014 to 2019 time frame. COVID-19 has increased heightened focus on sanitation and personal hygiene for infection prevention, suggesting permanent consumer trends away from the chore of cleaning to a health and safety priority.

“We strategically partner with many of the world’s leading brands with wipe materials, ensuring our investments align with demand for today and for the future. The reliability of our capacity and scale are paramount to our customer support and the trusted relationships we desire to maintain,” said Curt Begle, President of Berry’s Health, Hygiene, and Specialties Division.

This new asset will add to the Company’s existing Spunlace platform, further expanding its sustainable wipes portfolio. Recognizing its customers’ ongoing environmental sustainability goals, the new asset will incorporate the production of biodegradable or recycled nonwoven substrates, increasing Berry’s capacity in Europe by more than 300 million square meters. The new line is expected to be commercially available in the September quarter of 2022.

“This multimillion-dollar investment further completes our industry-leading portfolio. Through flexible assets such as this installation in Europe, we can better serve our customers with reliable, sustainable solutions for the wipes market,” said Achim Schalk, EVP and General Manager, EMEIA for Berry’s Health, Hygiene, and Specialties Division.

Berry continues to leverage its ability for continued investments in the latest technology to better serve the market. A longtime leader in the nonwovens space, Berry does not sit idle, and instead continues to push forward with its global size and scale to meet the evolving needs of its customers.
https://ir.berryglobal.com/news-releases/news-release-details/berry-global-expands-its-capabilities-investment-european

Related Posts

Metsä Board’s comparable operating result in January–December 2022 was EUR 521 million

January–December 2022 (compared to 1–12/2021): Sales were EUR 2,479.6 million (2,084.1). The comparable operating result was EUR 520.7 million 386.6), or 21.0% of sales (18.6). Operating result was EUR 531.5 million (375.9). Comparable earnings per share were EUR 1.13 (0.85), and earnings per share were EUR 1.15 (0.82). Comparable return on capital employed was 20.9 % (18.7). Net cash flow from operations was EUR 232.0 million (329.6). October–December 2022 (compared to 10–12/2021): Sales were EUR 599.8 million (518.5). The comparable operating result was EUR 100.8 million (91.3), or 16.8% (17.6) of sales. Operating result was EUR 94.7 million (90.8). Comparable earnings per share were EUR 0.23 (0.20), and earnings per share were EUR 0.21 (0.19). Comparable return on capital employed was 15.5% (16.1). Net cash flow from operations was EUR 70.2 million (119.7).

Fibre Box Association Announces Life Cycle Assessment Reinforces Corrugated Packaging Industry’s Sustainability Leadership

As sustainability efforts and initiatives continue to take the spotlight, a recent life cycle assessment (LCA) conducted for the Corrugated Packaging Alliance (CPA) shows that the corrugated packaging industry has achieved substantial reductions in the environmental impacts of corrugated cardboard boxes. A release from Fibre Box Association (FBA) revealed the details. “Reducing carbon emissions is the most important thing we can do for a more sustainable future,” said CPA Executive Director Bob McIlvaine. “Additional improvements in land, air, and water indicators highlight the industry’s progress and reaffirm our longstanding commitment to sustainable manufacturing across operations.” CPA is a corrugated industry initiative jointly sponsored by the American Forest & Paper Association (AF&PA), AICC – The Independent Packaging Association, FBA, and TAPPI, a release explained. Its recent LCA shows a 50 percent per unit reduction in greenhouse gas emissions between 2006 and 2020 for the corrugated packaging industry, showcasing its commitment to tackling climate change.

Koehler Paper and HDG-Verpackungsmaschinen Present Their Newly Developed “Pressure Seal Module” and Flexible Packaging Paper

The long-term collaboration between Koehler Paper and HDG-Verpackungsmaschinen has resulted in a new innovation: For the first time, paper bags can now be produced and filled on horizontal form-fill-seal machines using the "pressure seal module" for the RB-300 HDG packing machine and the specially developed "NexPlus MC" packaging paper from Koehler Paper, which features high mechanical strength and no sealing layer. Possible formats are 3-edge sealing bags, folding flat-bottom bags (fully sealed) and double bags with a bag length of up to 250 mm and a width of at least 50 mm. The new packaging option can be used for all products that do not require an additional barrier, as well as for secondary packaging of dry products.
Back To Top
×Close search
Search