Total U.S. Packaging Papers & Specialty Packaging Shipments Decreased 13 Percent in December 2022

Smurfit Kappa’s SupplySmart service has reached 50,000 supply chains, taking optimisation of packaging to a new level. The industry-leading service uses evidence-based analytics and insights, to work with businesses to benchmark risk and optimise efficiency in their supply chain. SupplySmart is the first service of its kind that combines big data from over 50,000 supply chains in over 30 countries with creative solutions, expert knowledge and years of practical experience. The service enables businesses to reduce logistics costs, streamline production and lower packaging costs without compromising on performance. Click Read More below for additional detail.

E-Commerce mailer bags made from BillerudKorsnäs’ Xpression E-com paper have 50 percent lower fossil emissions than virgin plastic mailer bags and using this leads to the removal of biogenic carbon from the atmosphere. This is proven by a new independent study that compares the environmental impact of different types of e-commerce packaging. The global E-commerce market was already growing faster than other traditional channels prior to Covid-19, but the pandemic has boosted the move from brick and mortar stores to online purchasing. This transition is driving demand for packaging and increasing the stress on the planet from packaging waste. Retailers are currently stocking up for the Black Friday purchasing frenzy, the one-day event that has long been considered the unofficial kickoff to the holiday shopping season. E-commerce mailer bags made of Xpression E-com paper is one opportunity to meet the customer’s increasing demand for sustainability and will reduce the environmental impact of this surge in shopping. “ BillerudKorsnäs’ mission to challenge conventional packaging for a sustainable future clearly sets out why we exist how we view our role in society. Xpression E-com is a classic example of how we think outside the box when fighting climate change and reducing plastic waste”, says Malin Ljung Eiborn, Director of Sustainability at BillerudKorsnäs.

Q3 2021 Highlights *Net Sales were $1,782 million versus $1,698 million in the prior year quarter. *Net organic sales declined 1% during the quarter as supply chain and labor market constraints delayed sales; remain on track to achieve approximately 200 basis points of full year organic sales growth. *Net Income was $73 million versus $64 million in the prior year quarter. *Executing approximately $650 million in pricing actions to address commodity input cost inflation. *AR Packaging acquisition expected to close November 1st. *Coated recycled paperboard production on new K2 machine in Kalamazoo, Michigan on track for start-up in the fourth quarter.