In a world increasingly aware of the need to preserve our natural resources, paper-based packaging offers a renewable, recyclable, and sustainable solution. Through The Responsible Package® initiative, Pratt Industries works with allied companies and associations to provide free, standards-based education materials on this topic to middle school teachers, students, and families. As future decision-makers, the students of today play an important role in preserving our natural resources for future generations. By helping students understand the value of materials that might otherwise be sent to landfill, we as an industry can work to maintain our long-standing tradition of recovering and recycling paper and paper-based packaging at rates well above most of our non-renewable competitors. In 2017, The Responsible Package educational materials were distributed to 355,000 students in more than 2,000 schools across 25 states. All of the educators who responded to a year-end survey expressed interest in repeating their participation in the program and reported students gaining awareness and a positive outlook for paper-based products. Click Read More below for additional information.

The event marked the completion of the mill’s conversion into our first 100 percent recycled containerboard facility. The two-year project transformed the mill’s uncoated freesheet paper machine into the second-largest 100 percent-recycled containerboard machine in North America, capable of producing approximately 600,000 tons of high-quality recycled linerboard and corrugated medium annually. “Our machine is one of the most sophisticated and highly automated machines in North America,” says Mill Manager Troy Wilson. “Its state-of-the-art technology is enabling us to provide our customers a high-quality, consistent product thanks to a highly controllable, stable and repeatable process.” The mill reopened in January and is now the largest recycled manufacturer in the state of Tennessee.

Klabin recorded, in the first quarter of 2023, Adjusted EBITDA (Earnings before Interest, Taxes, Fees , Depreciation and Amortization) of R＄ 1.942 billion, up 13% over the same period of the previous year. In the first three months of the year, the Company's sales volume, excluding wood, totaled 881 thousand tons. The flexibility of Klabin's integrated business model benefited the conversion of paper into packaging, minimizing the Company's exposure to the Kraftliner foreign market. As a result, Net Revenue reached R＄ 4.831 billion in 1Q23, growth of 9% compared to 1Q22, a result that also reflects the price adjustments carried out over the last few months. The ROIC (Return on Invested Capital) reached 19.4% in the period, demonstrating the Company's ability to combine growth with the generation of value for shareholders.