First quarter 2023 net income (loss) was $(1.0) million compared to net income (loss) of $16.4 million in the first quarter of 2022. Net income (loss) from ongoing operations, which excludes special items, was $2.5 million in the first quarter of 2023 compared with $16.8 million in the first quarter of 2022. John Steitz, Tredegar’s president and chief executive officer, said, “Our businesses and markets continue to suffer from a significant slowdown that has been exacerbated by customer inventory corrections, which has resulted in excessive inventory levels for us, too. The timing of a recovery is uncertain, especially for Bonnell Aluminum and the Surface Protection component of PE Films.”

Smurfit Kappa’s Bag-in-Box packaging is perfectly suitable for sanitiser due to it being a hygienic, easy-to-use and flexible solution that is available in a range of sizes from 1.5 to 20 litres and is suitable both for end consumers or as a refill solution. Furthermore, Bag-in-Box’s high performance films have a high oxygen barrier to protect products from air and light so the hand sanitiser’s physical and chemical properties remain intact. The packaging also brings a number of environmental benefits including the ability to optimise the supply chain and reduced weight and plastic in comparison to other traditional packaging. For instance, a 5L Bag-in-Box pack uses 54% less plastic than to a 5L PET bottle.

Amcor announced its 2025 Bottles of the Year, in celebration of National Packaging Design Day. Annually, Amcor Rigid Packaging Bottles of the Year recognizes the best in innovative and responsible conceptual packaging designs that meet the latest trends in consumer preferences in the beverage, spirits & wine, food & dairy, home & personal care and healthcare segments. “The Bottles of the Year program celebrates the best in packaging design,” said Terry Patcheak, Vice President of R&D, Sustainability and Project Management at Amcor Rigid Packaging. “Our designers are constantly pushing the boundaries of what is possible with packaging, and we are proud to highlight that thinking through this program. With Bottles of the Year, our goal is to illustrate how evolving consumer trends and the latest technology in PET plastic packaging can drive advancements in eye-catching designs, improved consumer experience and responsible packaging choices that meet new minimum PCR standards.” A collection of five bottle designs, the Bottles of the Year are ready to be refined for commercialization. The designs highlight stand-out innovative packaging opportunities for brands in the beverage, spirits & wine, food & dairy, home & personal care, and healthcare markets.