More brands are shifting to paper packaging — but not without challenges. Paper packaging is taking on new frontiers. Maybe you’ve seen paper across new formats such as dog food canisters, vitamin mix containers or even staples in your liquor cabinet. Consumers love paper packaging for its perceived environmental benefits, recyclability and renewability. They’re even wondering: Why can’t all my packaging come in paper?
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Mondi worked closely with Noel Alimentaria to identify the best possible packaging solution for their range of plant-based and meat food. The collaboration resulted in Noel Alimentaria choosing Mondi’s PerFORMing paper-based tray to pack its rebranded range of sliced plant-based food and vegetarian burgers ‘Verday’. Verday is used by Marks and Spencer’s for its ‘Plant Kitchen’ range in the UK and supplied to Nordic markets for ham and charcuterie products. Being formable, the trays can be moulded and adapted to a range of different-sized food products, with high symmetrical stretch for uniform formability, ideal for shallow food trays. PerFORMing offers strong barrier protection against moisture and oxygen, keeping the food fresh throughout the storage and distribution process. The trays consist of 80% paper compared to the industry standard where they are made of 100% plastic, which means the plastic content of the tray has been greatly reduced. The paper tray is designed for recycling and passed the recyclability tests by German institute PTS (Papiertechnische Stiftung, method RH:021/97).
Sonoco-Alcore S.a.r.l. today announced it will again raise prices by a further €50 per tonne (£40 / tonne) on all recycled paperboard grades sold in the Company's European regions. The price change is effective with shipments on or after 17th July 2017. "Demand for raw materials has continued to rise throughout the year as a result of China's "National Sword" initiative, new capacity within the paper packaging sector, and the European economy currently being stronger than we have seen in recent years. The resultant continued increase in raw material costs are again unsustainable and we now have no choice but to pass these increases through into the market," said Phil Woolley, Director - Paper Europe.
For the quarter ended December 31, 2020, reported sales increased 12% to $749 million compared to $671 million in the prior year. Core sales, excluding the impacts from changes in currency exchange rates and acquisitions, increased 5%. For the year ended December 31, 2020, reported sales increased 2% to $2.93 billion compared to $2.86 billion reported a year ago while core sales remained flat. The effects of currency translation rates were more than offset by the positive contribution from acquisitions. Cash generated from operations for the year reached $570 million, an increase of 11% over $514 million in the prior year primarily due to better working capital management and the positive impact of recent acquisitions.