Novolex®, a leader in packaging choice, innovation and sustainability, is introducing Power Prep™ wrap for grab-and-go hot sandwiches and other freshly made foods. Manufactured by Novolex brand Bagcraft®, the new wrap is laminated and insulated to keep food tasting fresh as it moves from the freezer to thawing and re-heating, and while it’s held under heat at the point of sale. This allows customers to enjoy a delicious hot sandwich that was made and wrapped off site. Power Prep wrap is ideal for convenience stores, supermarkets and other foodservice operators, catering to the growing demand for high-quality, freshly made offerings.

Amcor announced a significant expansion of its North American thermoforming capabilities for the healthcare market. The addition of automated, state-of-the art thermoforming equipment at Amcor’s world-class healthcare manufacturing plant in Oshkosh, Wisconsin will support increasing demand from customers in the medical, pharmaceutical, and consumer health sectors. The additional capacity will provide an efficient option for companies looking to partner with Amcor to support their growth ambitions. The expansion also will allow customers to source thermoforms and companion die-cut lids from a single location, helping streamline product manufacturing and distribution.

Second Quarter 2024 Financial Highlights: *Net Revenues of $1,338 million for the second quarter of 2024 were down 6% compared to $1,426 million in the second quarter of 2023 and up 7% compared to $1,252 million in the first quarter of 2024. *Net Income of $20 million for the second quarter of 2024 compared to a net loss of $139 million in the second quarter of 2023 and net income of $10 million in the first quarter of 2024. Pactiv Evergreen Inc. (“Pactiv Evergreen” or the “Company”) today reported results for the second quarter of 2024. Michael King, President and Chief Executive Officer of Pactiv Evergreen, said, “This past quarter marked a significant milestone in our transformational journey as we announced an agreement to sell our Pine Bluff mill and Waynesville extrusion facility to Suzano. This is a great outcome for Pactiv Evergreen and upon closing of the transaction, we will exit our final remaining mill, allowing us to focus on our core North American converting operations.