Sonoco ThermoSafe and Turkish Airlines are pleased to announce a global partnership agreement for leasing the new Pegasus ULD® temperature-controlled bulk shipping container. The agreement enables pharmaceutical freight forwarders access to Pegasus ULD® containers directly from Turkish Cargo. Sonoco ThermoSafe’s Pegasus ULD® is the world’s first FAA and EASA-approved passive bulk temperature-controlled ULD container for pharmaceutical use, which enables it to speed through international air freight handling and customs processes at the lowest possible cost. With a focus on sustainability, the Pegasus ULD® is engineered with composite materials, offering a lighter solution that is also substantially more damage-resistant than traditional metal containers. Additionally, the Pegasus ULD® contains a fully integrated, FAA-approved telemetry system providing real-time, cloud-based data on payload and ambient temperature and key environmental factors, precisely synchronized with GPS location.

Mondi collaborated with the Italian machine producer ACMI to create a new wrapping system for pallets that uses paper instead of plastic. By transforming the way pallets are wrapped, Advantage StretchWrap reduces the supply chain’s reliance on plastic, moving to a renewable and fully recyclable material. Advantage StretchWrap (patent-pending) is a brand new lightweight paper grade from Mondi made specially for wrapping pallets. It is able to stretch and resist punctures, providing robust protection for goods during transit. The current industry standard for pallet wrapping is a multi-layer plastic material with low recycling rates. The Advantage StretchWrap paper, along with ACMI’s Rocket E-500 wrapping system, makes it possible to switch to a fully recyclable pallet wrapping solution. The paper’s impressive stretchability and high-tensile strength makes it a reliable alternative for transport. Acceleration tests to simulate transportation with ESTL equipment (performed according to EUMOS 40509(1)) and real life transportation trials confirmed that pallets wrapped with Advantage StretchWrap are safe.

Constantia Flexibles has signed an agreement to acquire approximately 57% of the shares of the packaging producer Aluflexpack. In parallel, Constantia Flexibles will launch an all-cash public tender offer for all publicly held registered shares of Aluflexpack. The offer is subject to certain terms and conditions, including the outcome of the regulatory process. The material terms and conditions of the offer are described in the pre-announcement of the offer which has been published today and is available at afp-tender-offer.com. The company is a leading player in the European packaging industry, specializing in foil and film packaging for the Consumer and Pharma markets. Operating out of 14 locations across Europe with over 1,500 employees, the company will perfectly complement Constantia Flexibles’ packaging solutions portfolio. This acquisition is a sizable step in Constantia Flexibles’ foil packaging presence across market segments. Aluflexpack has delivered a very strong historical financial performance and continues to do so. It is highly complementary to Constantia Flexibles’ geographical footprint, e.g., in Turkey and Poland as well as expanding to countries of Southeast Europe. The acquisition gives access to an extended technology portfolio.