Cascades’ 2020 Fourth Quarter Financial Results and Full Year Financial Results

Ahlstrom, the global leader in masking and packaging tape base papers, has finalized an investment to upgrade and convert a paper machine in its Thilmany plant in Wisconsin, USA, to produce stretchable creped base papers for masking tape and is now ramping up the production. The new investment adds a crepe paper production capacity of 30,000 tons per year. “This investment is a response to our customers’ increased volume demand and their need to move towards a more regional material supply. With the investment, we can better focus our assets in Asia and Europe to supply their nearby markets, and we will now enhance our capability to supply the markets in the Americas through this new investment,” says Sohrab Kazemahvazi, Vice President for Ahlstrom’s Tape business.

Aptar Food + Beverage’s SimpliCycle™ recyclable Valve was awarded the Best CSR/Sustainability Initiative at the World Food Innovation Awards ceremony held virtually on YouTube March 23. Entrants were judged on categories such as: innovation, functionality, design and product expression and represents excellence across every category of the global food industry. Composed of a low-density material, SimpliCycle™ allows the valve to float so it’s easily separated from the PET stream and ultimately recycled within the PP/PE olefin stream. According to Susan DeGroot, Director of Product Marketing, this award is one more reflection of Aptar’s commitment to using sustainable materials to create innovative solutions that help CPG brands achieve their goals, while enabling consumers to establish a deeper connection to their preferred brands.

Aptar Closures has been the industry leader in providing flow control dispensing solutions for more than 25 years. Its award-winning SimpliCycle recyclable valve is driving sustainability to the forefront of packaging innovation, and in September 2022, RecyClass confirmed its full compatibility with polypropylene (PP), polyethylene terephthalate (PET) and high-density polyethylene (HDPE) recycling streams. RecyClass is a non-profit, cross-industry initiative facilitating the transition toward a circular plastic economy in Europe. The organization published Design for Recycling Guidelines and, in partnership with independent laboratories, evaluates a variety of products to assess their ability to be recycled. The RecyClass approval provides brands with confirmation that Aptar closures featuring the SimpliCycle valve can directly contribute toward their full packaging recyclability goals. As a result, this summer, SimpliCycle has launched in a variety of dispensing closures with brands in several consumer end markets in Europe.