Lamitech Receives A “Superior” Food Safe AIB Certification 10 Years In A Row

Amcor has leveraged its global R&D resources to help Nestlé put enviro-conscious consumers first, by making Smarties the first confectionery brand to move to recyclable paper packaging in Australia. The new packaging is made from sustainably sourced thermoformable paper and is dynamic enough to be printed on with either flexographic or gravure technology and finished with a heat or cold-seal adhesive. Working closely with Nestlé, Amcor has developed this next generation packaging solution which performs when it comes to sustainability and consumer convenience, while also maintaining the highest levels of product protection.

Mondi is supplying a range of recyclable mono-material pet food packaging for Hau-Hau Champion, one of Finland’s most recognised brands in the premium dog food segment. The new packaging fulfils the pet food producer’s objective to launch a reclosable and recyclable packaging solution that does not compromise on performance and retains the strong brand recognition in stores. It also addresses sustainability concerns of end consumers that are playing more of a role in the purchasing of pet food and products. Mondi’s customer-centric approach, EcoSolutions, helped Hau-Hau Champion find a high-barrier solution that can be reclosed, keeps food fresh and confines any smells. The previously unrecyclable multi-layer packaging contained a metallised layer which was replaced by Mondi’s recyclable mono-material packaging: a reel material for form-fill-and-seal (FFS) 1.5kg bags and pre-made FlexiBag Recyclable for bags up to 15kg. FlexiBag Recyclable is a mono-material polyethylene (PE) pre-made bag developed specifically for recycling, which means it can be deposited directly into Finnish plastic recycling streams.

First Quarter Highlights *First quarter 2021 GAAP earnings per diluted share were $0.71, compared with $0.80 in 2020. *First quarter 2021 GAAP earnings included net after-tax charges of $19.4 million related to restructuring activity, asset impairments, acquisition and divestiture transaction costs, loss on a business divestiture and non-operating pension costs which were partially offset by insurance proceeds. In the first quarter of 2020, GAAP earnings included net after-tax charges of $14.8 million related mostly to restructuring actions and non-operating pension costs. *Base net income attributable to Sonoco (base earnings) for first quarter 2021 was $0.90 per diluted share, compared with $0.94 in 2020. (See base earnings definition, explanation and reconciliation to GAAP earnings later in this release.) Sonoco previously provided first quarter 2021 base earnings guidance of $0.80 to $0.90 per diluted share. *First quarter 2021 net sales were $1.35 billion, compared with $1.30 billion in 2020. *Cash flow from operations was $138.7 million in the first three months of 2021, compared to $87.7 million in 2020. Free cash flow was $99.4 million in the first three months of 2021, compared with $57.1 million in the first three months of 2020. *On April 4, 2021, Sonoco completed the sale of its U.S. Display and Packaging business to Hood Container Corporation for approximately $80 million in cash, the proceeds of which were received subsequent to the period's end.