Graphic Packaging Holding Company Announces Receipt of All Required Regulatory Approvals for Pending Acquisition with AR Packaging

Mondi, a global leader in packaging and paper, has successfully completed the installation of major new equipment at its corrugated box production plant in Szczecin, Poland to meet growing e-commerce demand. The installation of the new machinery also marks further progress in Mondi’s ambition to further digitalise its business by using more advanced analytics and automation to better serve its customers with innovative and sustainable packaging and paper solutions. The new equipment includes a five-colour Bobst Masterline 2.1 HD and a Robot MUK, which will produce sustainable packaging solutions for the growing e-commerce market in north-eastern Germany, Denmark, Sweden and Poland. Both machines will be equipped with automatic palletisers, run at faster speeds to increase production capacity and ensure high quality printing. Mondi's award winning 100% recyclable SizeMeMailer and Envelope Mailer alongside other packaging solutions will be produced from this site.

In research published in Advanced Science, investigators drew inspiration from the octopus to develop an adhesive that achieves strong attachment and controlled release on varied substrates in wet and underwater environments. The feat could have numerous applications in fields ranging from healthcare and underwater robotics to infrastructure repair. By studying the octopus’s suckers—specifically, the exposed disc-like portion called the infundibulum—the researchers designed an elastic, curved stalk with a membrane that can change its shape and adhere to multiple surfaces. Underwater, the octopus-inspired adhesive strongly attached to complex objects from lightweight shells to large rocks and soft gel beads with different roughness, curvature, and hardness. The adhesive could be rapidly attached to these objects over many cycles and over long times and then be quickly released on demand.

Graphic Packaging Holding Company announced that it has published its 2019 Environmental, Social and Governance (ESG) Report. With this report, the Company has provided additional disclosures using the Sustainability Accounting Standards Board (SASB) reporting framework and has committed to a broader set of environmental, social and governance initiatives. "Our sustainability reporting continues to exhibit transparency on topics that matter most to investors, customers, employees and other stakeholders," said Michael Doss, President and Chief Executive Officer. "Customers, suppliers, investors, employees and the communities where Graphic Packaging conducts business have helped shape the Company's sustainability vision. We are pleased to disclose the significant progress we have made and our resolve for continued improvement on topics that are most impactful and important to these stakeholders." Graphic Packaging is working diligently toward meeting its Vision 2025 sustainability goals, and accomplished early achievement of two goals in 2019: 100 percent of global folding carton/cup manufacturing facilities are now engaged in a waste diversion program; 100 percent of global folding carton/cup manufacturing facilities and paperboard mills comply with Graphic Packaging's forest and fiber certification requirements.