Trioworld Group has signed an agreement to acquire the Canadian based Malpack Ltd. and US based Malpack Corp. (collectively, Malpack), a leading player in solutions for high-performance stretch film in the transit packaging segment. Malpack supports customers in the areas of distribution, beverage, food, consumer goods, e-commerce, and other industrial packaging. Trioworld is very pleased to welcome Malpack to the Trioworld group. As a North American leader in high-performance stretch film, Malpack has grown impressively over the past years. Based on a superior product portfolio consisting of innovative stretch films and a superior service level, Malpack now serves customer from coast to coast in US and Canada. The company is well-invested, and management is focused on strengthening their offering with circular solutions which is in line with Trioworld’s ambition to be the circular leader in the load security and transit packaging market.

Highlights: *Net Sales were $2,392 million, an increase of 1% versus the prior year quarter. *Net Income was $150 million, an increase of 127% versus the prior year quarter. *Earnings per Diluted Share were $0.49, an increase of 133% versus the prior year quarter. *Announcing definitive agreement to acquire Bell Incorporated, a well-capitalized U.S. packaging provider. *Board of Directors approved $500 million increase to share repurchase authorization.

UPM Raflatac is pleased to announce that the Association of Plastic Recyclers (APR) has recognized its PE and PP pressure sensitive label materials with general purpose acrylic adhesive for high-density polyethylene (HDPE) containers as meeting or exceeding the most strict APR HDPE Critical Guidance criteria for recyclability. Achieving this Critical Guidance Recognition is an important step in UPM Raflatac’s ongoing quest to label a smarter future beyond fossils. These white and clear PP and PE label materials combined with multipurpose acrylic adhesives are part of UPM Raflatac’s SmartCircle™ portfolio of labeling materials that enable recyclability of packaging and promote the circular economy. The Critical Guidance Recognition means the label materials are proven to be compatible with standard HDPE container recycling practices. They are suitable for a variety of end-uses, including food and home and personal care.