Tetra Pak has been named the inaugural Servitization Innovation Leader of the Year by the Advanced Services Group (ASG), the world’s leading authority on servitization based at Aston Business School, United Kingdom. This recognition highlights Tetra Pak’s pioneering role in applying advanced, outcome-based service models to the food and beverage sector. Such models provide customers with increased operational flexibility, predictable production costs and access to energy and water-efficient technologies, without the traditional capital investment barriers. Unlike conventional leasing or rental models, Tetra Pak’s offering is tailored to each customers’ operations, data-driven and designed to adapt over time as customer needs evolve. The Servitization Awards celebrate excellence in transforming business models through advanced services, recognising individuals and organisations that drive meaningful innovation. The Servitization Innovation Leader of the Year category honours a company that has successfully embraced servitization to unlock new forms of customer value, while serving as a benchmark for best practices and a catalyst for wider industry transformation.

Inteplast Engineered Films (IEF), manufacturer of blown polyethylene (PE) films, and MTI Polyexe, manufacturer of specialty silicone coated films and release liners, will be collaboratively exhibiting at the International Roofing Expo (IRE) in San Antonio, TX, February 19-21, to offer customers the signature Inteplast Group one-stop-shop experience. IEF Sales Manager Angela McQueen said the partnership simplifies sourcing for both companies’ customers. The product offering between the two Inteplast Group companies caters to the unique and sometimes overlapping supply needs within building materials and construction markets. “Our building materials and construction customers have established long-time relationships with Inteplast Engineered Films and MTI Polyexe separately, not having known that we are sister companies within Inteplast Group. With so many mutual current and potential partners, it made sense to take a joint, simplified approach to the market for our customers. This unified approach provides our customers with a one-stop-shop experience,” McQueen said.

Cascades announces an important repositioning of its Tissue Papers platform to enhance the performance of the business. The Company will simplify operations by concentrating the majority of its tissue product operating activities at core, geographically well-positioned sites that offer opportunities for future development. These changes will reduce costs, create synergies and significantly improve the Tissue Group’s financial, operational and environmental performance. This decision will not affect the level of service Cascades provides to its customers. Beginning in July 2023, Cascades will progressively close its underperforming plants in Barnwell, South Carolina, and Scappoose, Oregon, as well as the virgin paper tissue machine at its St. Helens plant, also in Oregon. The equipment slated for closure, which have a combined total annual rated capacity of 92,000 short tons of tissue paper and 10 million cases of converted product, have been operating below capacity producing 56,000 short tons of tissue paper and 5 million cases of converted product in 2022, mostly on the West coast. A portion of this production will be absorbed by open capacity at our other facilities and by the increase in productivity at our sites, particularly in the United States. Cascades has the option to evaluate the possibility of redeploying the seven conversion lines impacted by this decision to other sites at a later date.