SEE Launches Compostable Protein Packaging Tray at IPPE 2024

Mondi has introduced its Advantage StretchWrap, a paper wrapping solution that replaces plastic stretch film and enables a more efficient logistics process, to Sentrex, a European manufacturer of paper bags. Advantage StretchWrap is a fully recyclable kraft paper that is made from responsibly sourced materials. Mondi developed it to stretch and resist punctures, making it ideal for replacing the plastic stretch film that has traditionally been used for pallet wrapping and transportation. Advantage StretchWrap has 62% lower greenhouse gas (GHG) emissions when compared to virgin plastic stretch film, and 49% lower GHG emissions when compared to plastic film made with 50% recycled content, according to a peer-reviewed independent life cycle assessment.* By switching to Mondi’s kraft paper solution and using EW Technology’s fully automated machinery, Sentrex was able to increase efficiency in the wrapping process: The production of the paper bags requires a drying process to remove moisture from the bags before they can be wrapped in plastic stretch film, to avoid condensation within the packaging. Mondi’s Advantage StretchWrap is breathable and can therefore be used to wrap and pack products immediately after paper bag production within one in-line process.

Kevin Kwilinski, Berry’s CEO said, “Our strong financial results in the quarter were consistent with our expectations and our teams executed very well. Notably, we achieved a 2% increase in overall organic volumes, with each four operating segments delivering low-single digit volume growth. At the same time, we delivered a solid increase in our operating EBITDA margins, which were 110 basis points higher than the previous year. We place a high value on honoring our commitments and excellence in execution. This quarter, I’d like to emphasize our team’s outstanding performance in achieving volume and earnings growth, as well as our progression in reducing our leverage and optimizing our portfolio. We are confident in the strength of our underlying businesses, our customer value proposition, and our execution capabilities. We expect business momentum to continue as we demonstrated in the June quarter, including delivering, low-single digit volume growth in the fiscal fourth quarter and exiting fiscal 2024 at or below our 3.5x leverage target. I am excited by the attainable growth and operational excellence opportunities ahead. We’re focusing on three key efforts: optimizing our portfolio to accelerate growth and deleveraging, implementing our lean transformation, and driving growth by enhancing our commercial excellence.”

HP Inc. announced the HP One Package workflow suite for PageWIde Industrial corrugated presses, the industry’s first ecosystem for digital corrugated printing. HP One Package offers software and solutions from HP and partners to help converters maximize the flexibility of digital production. HP One Package workflow streamlines submission and preparation of orders, allowing converters to take advantage of an array of digital value-added possibilities, including solutions for brands’ consumer engagement and piracy protection using variable data, imagery and unique ID serialization. One Package’s production management and automation software also enhances operational performance and optimizes the supply chain. Click Read More below for additional information.