UPM Raflatac Appoints Brinder Gill to Senior Vice President of Americas Region

Summary: *Generated $166 million of operating cash flow and $80 million of Free Cash Flow *Achieved net income attributable to Sonoco of $65 million; higher productivity of $51 million partially offset price/cost pressures and lower volumes *Completed the sale of Protective Solutions on April 1, 2024, as part of our strategy to simplify our portfolio and used the majority of the $82 million cash proceeds to pay down debt *Entered a Virtual Power Purchase Agreement (“VPPA”) to contract a significant portion of Sonoco’s expected U.S. electricity consumption in 2025 and support Sonoco’s emissions reduction goals

A paper bag that is strong, food safe, recyclable, compostable and both offset and flexo printable. Due to a unique synergy in the value chain, five partners have created this sustainable and innovative solution. The icing on the cake: winning two prizes at the EUROSAC Grand Prix 2022: Bronze and Public Choice Award! Crown Van Gelder is constantly exploring ways to produce paper more sustainably. One of the methods to do this is to replace wood fiber by alternative fiber, such as sugar beet pulp - a result of Cosun Beet Company’s sugar production. Together, Cosun Beet Company, Novidon (also a Cosun company) and Crown Van Gelder developed the sustainable Crown Native sugar beet paper, which was then printed and made into bags by Fiorini and used by DLF. For this unique effort, the collaboration was awarded with the EUROSAC Grand Prix 2022. Grass seed producer and brand owner DLF was looking for a more sustainable, paper-based alternative for its 15 KG bag to reduce the company’s environmental impact, the search led them to Crown Van Gelder. Together with DLF’s bag producer Fiorini, Cosun Beet Company and Novidon developed an open mouth bag consisting of three layers of Crown Native paper and using paper sack glue Novinexx CPB from Novidon.

Eric Le Lay, President of Huhtamaki’s Fiber Foodservice Europe-Asia-Oceania business, has been appointed President of the European Paper Packaging Alliance (EPPA) as of March 24, 2021. Representing Europe’s leading manufacturers of paper and fiber-based food and foodservice packaging, EPPA promotes food safety, circular solutions, and lower carbon emissions. The European paper and board packaging sector directly employs around than 50,000 people and supports the foodservice market, with an estimated turnover of EUR 70 billion, employing 1.6 million people and supplying 160 million consumers across the EU. Commenting on EPPA’s priorities for 2021, Eric Le Lay indicated that he will be focusing on better regulation and evidence-based policy making during his presidency. This to ensure that the legislation which affects paper-based packaging and the EU’s Green Deal ambitions is delivered based on sound evidence and better regulation principles and with a view to fostering environmentally viable solutions through innovation. “EPPA members are committed to reducing the environmental footprint of food and foodservice packaging without compromising food safety and human health protection. We will continue to build partnerships with organizations who share our focus on developing and delivering innovative and practical solutions to increase recycling and to reduce carbon emissions. EPPA, whose members represent both suppliers of renewable and sustainably produced raw materials and manufacturers of food service packaging, is committed to helping food retailers and hospitality businesses deliver the best consumer experience sustainably,” says Eric Le Lay, the newly appointed President of EPPA.