Stora Enso inaugurates its new polyethylene coating plant at Beihai Mill in China

Silgan Holdings Inc., a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported third quarter 2024 net sales of $1.75 billion and net income of $100.1 million, or $0.93 per diluted share, as compared to third quarter 2023 net sales of $1.80 billion and net income of $110.6 million, or $1.02 per diluted share. "Our third quarter results continued to benefit from the success of our long-term strategic growth initiatives, the power of the Silgan portfolio and the strength and agility of our operating teams," said Adam Greenlee, President and CEO. "We are pleased to have recently closed the Weener acquisition and to welcome 4,000 new Silgan Team members. This acquisition further expands the breadth, depth and reach of our best-in-class and winning global dispensing business."

Transcendia is excited to announce it is breaking ground on a 52,000 square foot manufacturing expansion at its Hebron, OH location as part of its ongoing commitment to investing in barrier film technologies. The new building will be equipped with additional multilayer blown and cast film lines, specialty converting equipment and a new testing lab dedicated to supporting new barrier applications in the food, pharmaceutical and industrial film markets. Upon completion, the Hebron, OH facility, with its ISO 9001:2015 certified quality systems, SQF certification and class 7 clean room capabilities, will have a total footprint of 84,000 square feet. The new building will complement existing barrier extrusion capabilities, including Transcendia’s most recent seven-layer blown film asset capable of producing films up to 78” wide with thicknesses between 1.0 – 10.0 mil. In addition to multiple asset investments, Transcendia will be adding to its application and process engineering team to provide additional technology resources for customers’ new application development. To support the expansion and 24/7 operation, Transcendia will hire approximately 36 new associates including machine operators, material handlers, maintenance technicians and supervisors.

Anthony Pratt, Executive Global Chairman of Pratt Industries and Visy, often refers to Pratt’s material recovery programs and circular strategy as harvesting the urban forest. “Through our closed loop process,” says Pratt, “we harvest the urban forest to divert 3 million tons of paper, other recyclable materials and waste-to-clean energy materials from the landfill each year.” To better explain what it means to harvest the urban forest and why it is important for Pratt, our customers and their end-users, we spoke with two leaders and experts on sustainability, material recovery and recycling. Between Cathy Foley and Shawn State, there are 50 plus years of experience and accumulated knowledge on recycling and sustainable initiatives for the paper and packaging industry. Foley has served as the Executive Vice President, Industry Relations & Supply Chain for Pratt since 2016, but she previously spent more than 20 years at the American Forest and Paper Association, including as Group Vice President. She was also elected to serve as the Chairman of the Fibre Box Association from 2020-2021.