RRD Unveiling Packaging Solution Investments at PACK EXPO

UPM Raflatac introduces a highly chemical resistant adhesive for wet wipe labeling in the APAC region. UPM Raflatac RRS4 adhesive pushes beyond traditional adhesives with repeatedly reliable open-closure functionality for high chemical resistance. RRS4 is designed to be resistant to 75 percent alcohol ensuring the disinfecting qualities of the wet wipes when reopening and closing the package. Having disposable disinfecting wipes on hand can help to stop the spread of the viruses. For the wipes to be disinfecting, they must contain at least 70 percent of alcohol according to C.D.C (Centers for Disease Control & Prevention). Therefore, the label needs to have chemical resistance to keep the wipes wet and disinfected. UPM Raflatac’s RRS4 adhesive answers to this need and ensures the reliability of the packaging.

Novolex®, a leader in packaging choice, innovation and sustainability, is introducing Power Prep™ wrap for grab-and-go hot sandwiches and other freshly made foods. Manufactured by Novolex brand Bagcraft®, the new wrap is laminated and insulated to keep food tasting fresh as it moves from the freezer to thawing and re-heating, and while it’s held under heat at the point of sale. This allows customers to enjoy a delicious hot sandwich that was made and wrapped off site. Power Prep wrap is ideal for convenience stores, supermarkets and other foodservice operators, catering to the growing demand for high-quality, freshly made offerings.

Net sales in the third quarter were $3,074 million compared to $3,069 million in the third quarter of 2023 reflecting higher shipments of both global beverage cans and food cans in North America, offset by lower volumes in most other businesses and unfavorable foreign currency translation of $9 million. Income from operations was $444 million in the third quarter compared to $374 million in the third quarter of 2023. Segment income in the third quarter of 2024 was $472 million, up 10%, compared to the $430 million in the prior year third quarter driven by improved results in global beverage operations, partially offset by the impact of lower volumes in Transit Packaging and the beverage can equipment business. Commenting on the quarter, Timothy J. Donahue, Chairman, President and Chief Executive Officer, stated, "The Company continued its strong 2024 performance during the third quarter, with results in each of its global beverage can businesses exceeding original expectations. Global beverage shipments improved 5% during the quarter, with Brazil, Europe, Mexico and the United States all recording increases of 5% or more. Segment income on a combined basis advanced 10% over the prior year third quarter, as the Company benefited from favorable manufacturing performance and exposure to a well-balanced portfolio of end markets. Transit Packaging performed in line with expectations while global manufacturing activity continues in contraction.