Mondi co-founds milestone alliance for the circularity of paper bags in the construction industry

First Quarter Highlights and other notable items: *Net sales of $4.9 billion comparable year-over-year *Net income of $45 million, Adjusted Net Income of $141 million *Results in the current year impacted by $119 million due to economic downtime and weather disruptions; additionally, non-cash pension costs increased $40 million year-over-year and the unfavorable impact of foreign currency was $17 million year-over-year *Acquired the remaining 67.7% interest in Gondi, S.A. de C.V. (“Grupo Gondi”) for $970 million, plus the assumption of debt *Divested two uncoated recycled paperboard mills (“URB”) for $50 million, subject to a working capital adjustment, and recorded an $11 million pre-tax gain on sale

pladis, the global snack company behind some of the UK’s most loved and iconic brands, has been on a mission to substantially reduce its environmental impact by updating the packaging of various products to more ecological alternatives. This is part of the company’s sustainability agenda, which reflects its commitment to making all its packaging recyclable, reusable or compostable by 2025. Most recently, pladis has made steps forward to move toward more paper-based solutions – its Mini Cheddars and Cheeselets ranges now use Sonoco’s EnviroCanTM with paperboard end. Cracker Crisps and Mini Twiglets are also set to use EnviroCanTM later this year. “Sonoco’s EnviroCan™ with paperboard end meets the recycling requirements of the UK, which is great for our brand and the consumer, who can have peace of mind when disposing of the packaging in household waste recycling bins,” says Christopher Owen, Marketing Controller at pladis UK&I.

The latest innovation from Koehler, NexPlus® Advanced, is an evolution of the Koehler Paper’s barrier concept, with the aim of replacing plastic as a packaging material where appropriate. nucao is the first chocolate manufacturer in the market to embrace paper primary packaging made from paper and has been using it for its chocolate products “nucao fruits” and “nucao nuts” since the end of 2022. Leipzig-based chocolate start-up nucao is shaking up the chocolate market. Founded in 2016, the company is currently leading the way when it comes to sustainable chocolate. nucao is the first chocolate manufacturer in the market to embrace primary packaging made from paper and has been using it for its chocolate products “nucao fruits” and “nucao nuts” since the end of 2022. The flexible packaging paper Koehler NexPlus® Advanced from Koehler Paper has an excellent oxygen, mineral oil, and grease barrier, which is necessary for applications where there is direct contact with chocolate and nuts. Making this switch enables nucao to meet a key consumer demand for greater sustainability and to lead the way in the chocolate market with how it chooses to package its products.