Sonoco Reports Third Quarter 2024 Results

*Second quarter net earnings (loss) attributable to International Paper of $432 million ($1.09 per diluted share), compared with $349 million ($0.88 per diluted share) in the first quarter of 2021 and $266 million ($0.67 per diluted share) in the second quarter of 2020 *Second quarter cash provided by operations of $766 million and year-to-date of $1.3 billion compared with $1.5 billion year-to-date in the same period of 2020 *Ilim equity earnings of $101 million, bringing year-to-date to $150 million *Share repurchases of $57 million, bringing year-to-date to $186 million *Debt reduction of $796 million, bringing year-to-date to $904 million *Monetized remaining investment in Graphic Packaging for approximately $400 million

The Association of Plastic Recyclers (APR) has notified Amcor that the AmPrima™ PE Plus recycle ready solution with heat-resistance has met APR’s responsible innovation requirements for moulded parts and films over three mils in thickness. Amcor’s AmPrima recycle ready solutions offer customers a more sustainable choice for their flexible packaging needs without compromising performance. AmPrima PE Plus with heat resistance was developed to meet more critical requirements for demanding applications such as flow-wraps, pouches with spouts, lidding and more. AmPrima PE Plus solutions meet all the performance expectations of non-recyclable laminates, and satisfy customers’ needs for more complex options for strength, stiffness, clarity, higher line speeds, fitments, graphics and print finishes in a recycle-ready format.

Mondi has taken home a Hungaropack award for its sustainable paper-based FlexiBag at this year’s contest organised by the Hungarian Association of Packaging and Materials Handling. Mondi’s FlexiBag is made from renewable paper resources and enhanced with a functional plastic barrier ensuring premium product protection. The packaging impressed the jury with its potential to minimise plastic waste across numerous industries and sectors, most notably for dry perishable goods. In addition, the paper-based FlexiBag was recognised for its high-quality flexoprinting quality, which offers brands great shelf appeal. "We are honoured that this award acknowledges Mondi’s drive to deliver packaging that is sustainable by design. It is a testament to our EcoSolutions approach that puts our customers’ unique needs and environmental objectives at the heart of every project. Our paper-based FlexiBag is a direct result of this and a great example of impactful innovation as its adoption contributes to a better world." Sandor Kardos, Managing Director Mondi Békéscsaba