Packaging designs made of Metsä Board’s paperboard win gold at the European Carton Excellence Awards

Sonoco has received a 2021 Innovator Award for its EnviroSense® PaperBlister™ package in the category of Innovation in Design Optimization. Sonoco’s all-paper PaperBlister package is further evidence of the Company’s commitment to developing more innovative, sustainable packaging options for customers and consumers alike. “The revolutionary PaperBlister package provides a fully recyclable, plastic-free alternative to traditional blister packaging and is the latest addition to Sonoco’s growing assortment of EnviroSense packaging solutions,” said Eric Clamp, commercial development manager. “Designed with tomorrow in mind, EnviroSense packaging is purposefully engineered to deliver a host of earth-conscious attributes, including recyclability, recycled content, reusability, compostability, packaging optimization, bio-based content and responsible fiber sourcing.” Made entirely from renewable resources, the mono-material PaperBlister package is plastic-free, so it is recyclable in the paper stream. And because it uses water-based printing and sealing technology, there are no harmful VOCs used in making the package. With a simple tooling changeover, brand manufacturers can easily go from traditional plastic packaging to PaperBlister packaging, meeting their sustainability goals and customer expectations at the same time.

• Revenue decreased 9.4% to $267.8 million primarily due to a decrease in volume/mix and lower selling prices. The decrease in volume/mix was primarily due to the net impact of COVID-19 on demand. • Gross margin decreased to 21.1% from 21.9% primarily due to the unfavorable impact of unabsorbed overhead costs related to production slowdowns in the second quarter of 2020 to manage inventory levels at facilities that experienced COVID-19 related declines in demand, partially offset by a net decrease in all other plant-related operating costs driven by cost savings initiatives. • Net earnings attributable to the Company shareholders ("IPG Net Earnings") increased $8.3 million to $14.8 million ($0.25 basic and diluted earnings per share) primarily due to (i) a gain resulting from a fair value adjustment to the Company's contingent consideration related to the Nortech Acquisition(2) , (ii) a decrease in selling, general and administrative expenses ("SG&A") mainly driven by decreases in travel expenses and variable compensation both related to the impacts of COVID-19, and (iii) a decrease in income tax expense mainly driven by the non-recurrence of the Proposed Tax Assessment(3) recorded in the second quarter of 2019. These favourable impacts were partially offset by a decrease in gross profit.

Aptar Pharma, a global leader in drug delivery systems, services and active material science solutions, today announced the opening of its new Aptar Mumbai site, which will increase manufacturing capabilities in South East Asia. An inauguration ceremony held on December 1, 2023, marked the official opening of the new Aptar Mumbai production facility in the Palava Industrial and Logistics Park at Taloja, Mumbai. Members of Aptar’s Executive Committee and Aptar Pharma’s Global Leadership Team welcomed more than 100 key customers and Aptar employees from the Mumbai and Hyderabad, India sites to this momentous occasion, which included a ribbon cutting and tree-planting ceremony. Manufacturing capabilities at Aptar Mumbai, which began in 2012 with the assembly and supply of metered dose valves and pumps, have now been expanded to offer more innovative product solutions and ensure increased manufacturing capacity to pharma customers in South East Asia.