Huhtamaki signed a EUR 125 million sustainability-linked term loan facility

Packaging Corporation of America reported second quarter 2023 net income of $203 million, or $2.24 per share, and net income of $209 million, or $2.31 per share, excluding special items. Second quarter net sales were $2.0 billion in 2023 and $2.2 billion in 2022. Reported earnings in the second quarter of 2023 include special items for certain costs at the Jackson, AL mill for paper-to-containerboard conversion related activities and closure costs related to corrugated products facilities and design centers.

Developing paper for sustainable solutions that make life better. This is what Felix Schoeller stands for with its brand promise PAPER MADE FOR LIFE. Therefore, the specialty paper manufacturer is also breaking new ground in packaging with recyclable FlexPaper and PrimePaper – without any compromise on flexibility, printability and high-quality coating. Visitors of FACHPACK will be able to experience the benefits of the innovative product portfolio live at the Exhibition Centre Nuremberg from the 24th to 26th of September 2024. Felix Schoeller will be presenting recyclable barrier paper at the stand 234 in Hall 4A. “We are thinking further in terms of producing paper, consistently pursuing our strategy of moving away from plastic and focusing on our main raw material, paper, and showing that PAPER MADE FOR LIFE is not just lip service”, says Andreas Bergmeier, Sales and Product Senior Manager Packaging. “As a partner for high-quality, customised paper solutions and technology leader for barrier coatings, it is rather an expression of an honest striving for packaging with real added value for our customers.”

The cutting-edge plastic film, designed to provide outstanding load stability, features 70% Post-Consumer Recycled (PCR*) content – a significant step toward circularity in transport packaging. By incorporating 70% PCR, the Stretch hood Loop70 demonstrates that sustainability and high performance can go together. Our customers can continue to rely on the same exceptional load stability and safety, ensuring protection for both goods and drivers, while significantly reducing the environmental footprint. The Stretch hood Loop70 is more than just another product – it represents our commitment to circularity and carbon reduction. At Trioworld, we are constantly pushing the boundaries of packaging innovation, combining circular solutions with industry-leading performance. By optimising film thickness and integrating recycled materials, we are setting new standards for tomorrow’s packaging solutions – making them available already today.