Huhtamaki acquires the majority of an Australian foodservice packaging distributor

For the second quarter ended June 30, 2017, net sales were $12,812,000 down 9.5% from net sales of $14,151,000 for the Second Quarter 2016. For the six month period ended June 30, 2017, net sales were $28,171,000 down 4% from net sales of $29,355,000 for the same period of 2016. The second quarter net loss was ($526,000) or ($0.15) per share basic, ($0.14) per share diluted, compared to a 2016 second quarter net loss of ($83,000) or ($0.02) per share. For the six month period ended June 30, 2017, there was a net loss of ($468,000) or ($0.13) per share compared to a net loss of ($76,000) or ($0.02) per share for the same period of 2016. Click Read More below for additional detail.

The new swatch books for Metsä Board’s product portfolio are designed to demonstrate the performance of each of the paperboard grades. The images used in the product sample cards have been selected to match the typical end-use area of each product. In addition to a printed sample card, there is an unprinted card of each grade in the folder. Metsä Board’s sustainable folding boxboard range includes lightweight paperboards with a natural look and feel as well as coated paperboards for premium image reproduction and luxury appearance. Metsä Board’s portfolio includes both PE extrusion-coated paperboards and an easily recyclable and compostable dispersion coated barrier paperboard. The barrier board sample cards are flexo or offset printed, depending on the most typical printing method used for each board.

The paper mailer has passed Western Michigan University Old Corrugated Container Equivalency (WMU OCC-E) testing protocol. The testing protocol was developed by WMU and certified by the Fibre Box Association, which represents 95% of the corrugators in the United States. Passing this third-party independent testing and certification makes EverTec mailers qualified to use a recyclable symbol according to the protocol established by Federal Trade Commission Green Guides. In addition, the Pregis EverTec mailer has also been assessed by the How2Recycle® program and deemed widely recyclable. The EverTec mailer is a sustainable protective packaging solution that helps customers achieve their environmental goals without sacrificing performance. The mailer is a lightweight, durable package that can decrease material waste, as well as reduce reliance on corrugated boxes and improve distribution efficiency—all while providing consumers with a curbside recyclable option. To meet significant market demand, Pregis has invested in several new U.S. manufacturing sites in 2021 and will be increasing capacity further in 2022.