Doubling tariffs on metals imports risks unintended consequences throughout the packaging supply chain, according to the Can Manufacturers Institute and the Aluminum Association.
Packaging manufacturers worried by 50% tariffs on steel, aluminum | Packaging Dive
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Sonoco announced it has completed the divestiture of its Europe contract packaging business to a subsidiary of Prairie Industries Holdings, a Wisconsin-based contract packaging and contract manufacturing firm backed by The Halifax Group, a Washington, D.C.-based global investment firm, for $120 million in cash. Sonoco’s Europe contract packaging business produced net sales of approximately $300 million in 2019 and provides full-service custom packaging and supply chain management solutions to global consumer product goods companies through six contract packaging facilities in three locations and a warehouse all in Poland. The business has been part of Sonoco’s Display and Packaging segment and has approximately 2,600 employees. The divestiture is part of Sonoco efforts to simplify its operating structure to focus on growing its core Consumer and Industrial packaging businesses.
UPM Specialty Papers and Fazer have jointly developed a new type of packaging for Fazer's Oat Rice Pies. Traditional plastic laminated packaging paper has been replaced with an innovative paper solution, which is easier to recycle and does not compromise the protection it provides the rice pies inside. The award-winning packaging has been recognized in the WorldStar, ScanStar and New Wood competitions and can already be found in the chill food aisles of Finnish supermarkets. The new Fazer Oat Rice Pie packaging is in line with both Fazer's Sustainable Packaging Vision and UPM's Biofore strategy. The new packaging solution is the result of more than two years of long-term development work to ensure the recyclability of the packaging without compromising food safety and the quality of the rice pies.
With its perfect combination of softness and strength, Harmony Line of retail bath tissue and towel brings a great blend of premium quality and value to your shelves. Backed by Resolute’s vertically integrated production, this eye-catching brand delivers consistent industry-leading performance in every sheet. The Harmony Line offers outstanding quality, performance and value that gets noticed in store and builds loyalty at home. • Colorful Harmony packaging captures shoppers’ attention • Great consumer value that enhances retail margins • Includes offerings made with Resolute Tissue’s premium structured paper grade