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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U.S. Packaging net sales of $666.0 million for the first quarter of 2018 represented an increase of 2.6 percent compared to the same period of 2017. The increase in net sales was driven primarily by sales price and mix partially offset by lower unit volumes of approximately 1 percent. Lower unit volumes were driven by the Company’s planned shutdown of its Shelbyville, Tennessee facility. U.S. Packaging operating profit increased to $87.2 million in the first quarter of 2018, or 13.1 percent of net sales, compared to $83.5 million, or 12.9 percent of net sales, in 2017. The increase in U.S. Packaging operating profit was driven by improved operations and cost savings from the Company’s Agility plan. Click Read More below for additional information.
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…
HP Inc. (NYSE: HPQ) and ePac, the digital flexible packaging leader, today announced a new stage in their market acceleration for flexible packaging with a further rollout of 26 additional HP Indigo digital presses. ePac will be the first converter in the world to install the new HP Indigo 25K Digital Press, as it expands the transformation of the global flexible packaging market into additional locations in North America, Europe and Asia Pacific. “ePac is completely changing the way small and medium size businesses around the world can access new markets and level the playing field with fast, top quality flexible packaging,” said Jack Knott, CEO, ePac Flexible Packaging. “The ability for rapid growth through proven technology and global support of HP Indigo is helping us reach yet another milestone in our history and bring innovation and change to new sites around the world and the communities they serve.”