Introducing Harmony Paper Towels & Bath Tissue

Sonoco has leveraged its world-class RainGuard® technology, previously applied to its Sonotube® forms, to develop a new paper cartridge for adhesives, caulks and sealants designed to withstand inclement weather on construction sites. The cartridge can be used for traditional adhesives and sealants packaged in barrier fiber cartridges, and is now available for the entire adhesives and sealants market. “This cartridge was developed in response to customer feedback – we learned that people needed an all-weather solution for construction sites, especially for large, ongoing projects,” said William Long, division sales manager, Adhesives and Sealants, Sonoco. “This new cartridge is still gunnable after exposure to wet conditions, meaning that construction workers don’t need to pack up every time it rains.” Click Read More below for additional detail.

Rayonier Advanced Materials Inc. announced that its Board of Directors elected Vito J. Consiglio to succeed Paul G. Boynton as President and Chief Executive Officer and Board member effective January 1, 2022. Mr. Boynton, who has served as President and CEO since the Company’s spin-off in 2014, announced his decision to retire from the Company, and, as part of the leadership transition, he will assume the role of Vice Chair of the Board until the May 2022 Annual Meeting. “In 2021, the Board of Directors commenced an extensive and well-planned search for a CEO candidate with the expertise and ability to effectively capitalize on the Company’s tremendous growth potential,” said Lisa Palumbo, Chair of the Board’s Nominating and Corporate Governance Committee. “With his broad commercial expertise and operational acumen, Vito has a proven track record of driving strategic growth in the specialty materials sector. Given his strengths in areas of critical importance to RYAM, including strategy deployment, technical sales and innovation, we believe Vito is the ideal CEO to lead RYAM into its next chapter of growth and success.”

Q3 2021 Highlights *Net Sales were $1,782 million versus $1,698 million in the prior year quarter. *Net organic sales declined 1% during the quarter as supply chain and labor market constraints delayed sales; remain on track to achieve approximately 200 basis points of full year organic sales growth. *Net Income was $73 million versus $64 million in the prior year quarter. *Executing approximately $650 million in pricing actions to address commodity input cost inflation. *AR Packaging acquisition expected to close November 1st. *Coated recycled paperboard production on new K2 machine in Kalamazoo, Michigan on track for start-up in the fourth quarter.