Two Sides North America Responds to Wall Street Journal Article

AptarGroup, Inc. reported strong third quarter results due to solid operational performance and margin improvement across the company. Results were driven by growth in proprietary drug delivery systems, as well as increased demand for closure technologies. Reported sales and core sales increased by 2%, as currency and acquisition effects did not impact the quarter. Aptar reported net income of $100 million for the quarter, a 19% increase from the prior year. “Aptar delivered another strong quarter driven by our Pharma and Closures segments. We saw increased demand for our proprietary drug delivery systems, active material science solutions and closure technologies, especially for food applications. The Beauty segment saw growth in the personal care and home care markets, but it was not enough to offset tough comparisons from tooling and fragrance dispensing solutions from the prior year period. All three segments continued to demonstrate solid operational performance and margin improvement. We are proud of the strong results and progress we have made for the first nine months of the year and are positioned to achieve double-digit adjusted EPS growth for the full year,” said Stephan B. Tanda, Aptar President and CEO.

The 400,000 acres of forestland surrounding Domtar’s Windsor Mill in Quebec are a hot spot for forestry and climate research, with several projects currently taking place in partnership with organizations and universities across Canada. The company reaps benefits from these projects, including data that supports the continued Forest Stewardship Council (FSC) certification of fiber harvested from the Domtar forest. Additionally, engaging with student-led research projects helps Domtar build relationships with young people who may consider joining Domtar in the future. “Several of the projects and collaborations — and those that will follow — contribute to strengthening and developing the reputation and performance of the Windsor Mill and our forestry practices,” he says.

Gap Inc. unveiled a new sustainable manufacturing goal to conserve a total of 10 billion liters of water by the end of 2020; those water savings would be the equivalent volume of the daily drinking water need for 5 billion people. Product innovation and efficiency improvements at fabric mills and laundries will be key to achieving these water savings. Progress towards the goal is already underway: since 2014, Gap Inc.-led projects have saved more than 2.4 billion liters of water. “Water is critical to nearly all aspects of our business, and we recognize the responsibility and the opportunity we have to reduce the amount of water used to create our products. Leveraging the power of product innovation and improved manufacturing practices, we can help ensure that our customers not only look great in their favorite jeans and t-shirts, but also feel good about how their purchases are helping to make a positive impact for communities and helping to tackle global water scarcity,” said Christophe Roussel, Executive Vice President of Global Sourcing at Gap Inc. Click Read More below for additional information.