UPM Raflatac brings its high quality wine labeling solutions to Eastern Winery Exposition

Berry Global Group, Inc. announced its continued leading investments in access to circular polyolefins from advanced recycling to support customer sustainability goals. These polyolefins are obtained by advanced recycling, enabled by the adoption of new chemical recycling technologies, of post-consumer plastic waste not suitable for traditional recycling. In this agreement, Berry collaborates with a leading supplier of polyolefin solutions, Borealis, for access to its first volumes of the in-demand circular polyolefins made from chemical recycling. This announcement adds to Berry’s access to the 600 million pounds of post-consumer recycled (PCR) content by 2025, allowing Berry to further support customers with unmatched access to circular polyolefins. Innovative processes like chemical recycling make it possible for material that would otherwise be discarded as waste and destined for incineration or landfill to be used as feedstock for production of polyolefins that fulfill the most stringent quality requirements. Continually increasing the demand for these processes is a critical component in the economics of achieving a circular economy, while just last month, Berry announced its access to another 300 million pounds of chemical recycled material.

Net sales for the second quarter of 2022 were a record $1.91 billion, compared with last year's second quarter sales of $1.38 billion. GAAP net income attributable to Sonoco in the second quarter of 2022 was $131.7 million, or $1.33 per diluted share, compared with a loss of $(334.1) million, or $(3.34) per diluted share, in the second quarter of 2021. GAAP gross profit was $387.0 million in the second quarter of 2022 compared to $262.7 million in the same period of 2021. Quarterly gross profit as a percentage of sales was approximately 20 percent compared to approximately 19 percent in the second quarter of 2021.

One of the leading renewable biomaterials suppliers, UPM, has unveiled the latest findings from a highly targeted survey of some of the world’s leading packaging designers. The survey, conducted in collaboration with the Pentawards, has revealed unique insights into sustainable packaging design, including some of the key challenges faced by designers, with UPM highlighting how these can be overcome. The survey results show that while the majority (47%) of the designer respondents feel extremely comfortable handling briefs that include sustainability requirements, 43% of packaging designers would prefer more direction or information to feel fully comfortable when dealing with these briefs. This highlights a need for further education on how to incorporate sustainability into packaging design, with most respondents (35%) suggesting material guides would be the most beneficial. Further findings reveal that 57% of the designer respondents believe they always or often have the opportunity to impact the material choice of a product. However, 20% say they seldom do, and 17% almost never, which suggests some clients may not have yet realised the value of exploring alternative and more sustainable packaging solutions.