Introducing the Cruz Cool Sustainable Cold Chain Solution

Q1 2018 Highlights • Sales of $1,098 million (compared to $1,082 million in Q4 2017 (+1%) and $1,006 million in Q1 2017 (+9%)) • As reported (including specific items) • Operating income of $112 million (compared to $45 million in Q4 2017 (+149%) and $31 million in Q1 2017 (+261%)) • Adjusted (excluding specific items) 2 • Operating income of $50 million (compared to $46 million in Q4 2017 (+9%) and $28 million in Q1 2017 (+79%)). Click Read More below for additional information.

The label manufacturer UPM Raflatac and the industrial labeling and identification solutions provider Logopak have agreed on a collaboration, which provides their customers the first robust linerless solution in print and apply labeling. With linerless labeling, omitting the label liner significantly increases the running length and capacity of the label rolls, saves costs, and benefits the environment by reducing the CO2 footprint in production and logistics. As a first step the collaboration will improve especially the automatic labeling of secondary packaging. The benefits of the collaboration for customers are realized through the excellent compatibility between Logopak’s linerless labeling technology and UPM Raflatac’s Linerless Opticut™ label material. Logopak has tested the functionality of the linerless printing with more than one million cuts with UPM Raflatac’s OptiCut material without any significant pollution or major abrasion of the cutter. This remarkable result is proof that together Logopak and UPM Raflatac can provide a labeling solution that takes automatic linerless labeling to unprecedented level of speed, accuracy and reliability tackling the challenges linerless labeling has conventionally faced.

Michael (“Mike”) A. Weinhold has been named Senior Vice President, Sales - Board, effective February 15, 2021. Mike has held senior leadership positions at Verso Corporation, International Paper and Champion International and brings over 30 years of commercial experience in the paper industry. He will report to Mike Farrell, EVP, Mill Division. We appreciate your support during this time of change. While we work diligently to support your needs and make a smooth transition, we remain focused on the keys to success, including your business and partnership.