Saica invests over Euro 100 million in new plant in Barcelona, Spain

Net sales for the third quarter of 2020 were $1.31 billion, down 3.1 percent from last year's third quarter sales of $1.35 billion. The sales decline was driven by lower volume/mix, a stronger U.S. dollar and lower selling prices. These negative impacts were partially offset by sales added from acquisitions. GAAP net income attributable to Sonoco in the third quarter was $83.4 million, or $0.82 per diluted share, a decrease of $8.6 million, compared with $92.1 million, or $0.91 per diluted share, in 2019. Gross profit was $257.0 million in the third quarter compared to $265.5 million in the same period in 2019. Quarterly gross profit as a percentage of sales was essentially flat year over year at 19.6 percent. Third-quarter selling, general and administrative expenses increased $5.8 million from the prior year to $126.1 million.

Mondi’s renewable packaging material helps Paulig Coffee lower carbon footprint. Climate change is harming our planet’s fragile ecosystems, driving the movement for drastic cuts to carbon emissions at a global scale. All industries have a part to play in this transition towards a low-carbon economy, including manufacturers of consumer goods. The snacks, seasoning and coffee producer Paulig Group, together with Mondi, is responding to this challenge. Paulig Coffee brand is the market leader in Finland and the Baltics, and is the second largest provider of coffee in Russia. The company strategically works to reduce its environmental footprint. In Finland for example, all its coffee roasteries run entirely on renewable energy. Paulig has made a commitment to reduce its carbon emissions by 40% by 2020. To meet the target the entire supply chain is involved, including packaging. Click Read More below for additional information.

Industry-leading Turkish flavour company Aromsa, whose products include sauces, toppings, extracts and seasonings, was faced with a challenge. The company was fully committed to its sustainability strategy, but it had also started to work with a new customer who wanted to use stainless-steel containers for shipping. This would require an investment into approximately 250 stainless-steel containers, which is a costly packaging solution. In addition to high price, there are also the logistical costs of storage and maintenance, washing and sterilising the containers. Mondi was invited to develop an alternative solution and proposed the TankerBox which Aromsa trialled on their production line. After a few months of close collaboration and innovation at the Aromsa facilities, the TankerBox was ready for Aromsa’s commercial use. Produced from corrugated cardboard and developed as a substitute for the traditional Intermediate Bulk Container (IBC) and metal barrel, the TankerBox is an innovative product and a more sustainable solution. Its patented design consists of 5 parts: an outer box, inner octabin, angle frame, bottom star and top cover pieces.