WestRock Reports First Quarter Fiscal 2024 Results

Pregis® recently introduced the Performance Flexibles Renew™ Series as the company continues to innovate and expand its sustainable offerings. Pregis has offered a wide range of Renew solutions for the inside-the-box packaging category, and this brand of solutions represents the most sustainable option within resin-based packaging alternatives as the brand continues to expand across product lines. The newest addition to the Pregis Renew Series is designed specifically for critical flexible packaging applications, including food, pharmaceutical, medical, and household consumer goods, incorporating innovative materials and recycled content that is custom engineered to the client’s specification. Engineered with a focus on three critical components of sustainability – recyclable, recycled content, and renewable – the Renew Series meets the growing demand for flexible packaging products that enable a circular economy.

In March 2022, we received three recognitions for product innovations for their technical excellence, sustainability performance, and enhanced consumer experiences by DOW Packaging Innovation Awards 2021. Here is how we win to make a difference for our customers – where it matters. Our multiple award-winning Sundae cup and lid received the Diamond Finalist award at the Packaging Innovation Awards. Behind the success of this innovation is the fact that the fiber-based cup and lid are made from 100% renewable resources, with wood fibers from sustainably managed forests. They are recyclable and compostable. Moreover, this plant-based innovation provides the insulating effect needed from for ice cream packaging – also ensuring a great consumer experience. Our packaging innovation Nescafe Protect Proslim - the world’s first recyclable alu-foil free instant coffee stick received the Silver Winner Award at DOW Packaging Innovation Awards 2021. Nescafe Protect Proslim is designed to replace the aluminum instant coffee sticks with mixed polyolefin structure, making the packaging fully recyclable without compromising on product shelf-life. This product is a great example of helping our customers get ahead with sustainability without compromising on consumer preferences. We also received Silver for the Garnier Men Shampoo Color packaging innovation. We collaborated with our customer L’Oréal in India to develop this innovative product, which particularly helps enhance consumer experiences through its user-friendly design. The vast differences in the colorant and developer formulas mean that they have very different packaging needs. We successfully developed packaging that met the needs of both formulas of the color shampoo and can house the colorant and developer formula in the same sachet without them mixing until the time of use.

Total Boxboard production in November decreased two percent compared to November 2019. It was down three percent when compared to the same 11 months of 2019. The boxboard operating rate was 91.3 percent, down 1.4 points from November 2019 and down 0.7 points year-to-date. Solid Bleached Boxboard production in November increased four percent compared to November 2019. It was down five percent when compared to the same 11 months of 2019. Recycled Boxboard production in November decreased four percent compared to November 2019. It was down two percent when compared to the same 11 months of 2019. Unbleached Kraft & Gypsum production in November decreased seven percent compared to November 2019. It was down two percent when compared to the same 11 months of 2019.