Plastic extruder to expand in Moore County with $7M investment

Sonoco announced it has acquired the assets of D&W Paper Tubes, Inc., a Chatsworth, GA-based manufacturer of sustainable industrial paper tubes and cores. Founded in 2000, D&W is a family-owned company that produces 100-pe rcent recycled paperboard convolute tubes, spiral-wound cores and yarn tubes primarily serving the carpet and textile industry from operations at its Chatsworth facility. The company expects to produce approximately $18 million in sales in 2021. “D&W is complementary to our Industrial Paper Packaging segment and further strengthens our position serving the carpet and textile market in Northeast Georgia. In addition to acquiring an attractive book of business, we expect to drive meaningful business synergies from our integrated industrial products operations in the Southeast,” said Howard Coker, Sonoco President and Chief Executive Officer.

Packaging is essential to our capacity to deliver wholesome, premium food and beverages to people all over the world, but we are convinced that this cannot be done at the expense of the environment. The typical packaging system in use today is unsustainable since it is still essentially linear: raw materials are used to create packaging for products, which is then discarded once the products have been used. Important problems are being caused by this approach, especially when it comes to plastics. At Stora Enso, we are inspired by the mission "Do good for people and the world," which is why we seek to collaborate with businesses that share our values. And we couldn't be more pleased to collaborate with Dizzie in the United Kingdom, a truly inspiring circular solution for home delivery of dry food products. Customers can buy necessities without packaging waste by utilizing the same reusable pots produced in Biocomposites by Stora Enso, which helps cut 114 billion pieces of plastic from shop shelves in the UK alone each year. So, how does it work? Products are packed in waste-free packaging that is delivered to the consumers’ doorstep with carbon-neutral delivery. When they run out of product, Dizzie will collect the pots, wash them, and fill them again & again & again…

Sonoco today announced it will raise the price for all paperboard tubes and cores by a minimum of 6 percent, effective with shipments in the United States and Canada, on or after March 1, 2021. “This price increase is necessary due to continued increases in costs for uncoated recycled paperboard (URB), our primary raw material. URB demand remains very strong, and the supply in the marketplace is extremely tight,” said Mike Thompson, Director of Sales and Marketing for Sonoco’s North America Tubes and Cores Division.