Caraustar Announces an 8.0% Price Increase on all Paper Tubes and Cores and Protective Packaging Products

In the world of bulk powdered goods such as building materials, chemicals and foodstuffs, different supply chains place differing demands on packaging. Additionally, the machinery used across the world to produce and fill the packaging consists of many different technologies, brands and models. This has resulted in the development and use of a variety of packaging solutions and processes. Therefore BillerudKorsnäs and Haver & Boecker, have developed a set of recommendations called the Sack Packaging Norms. Our employees at BillerudKorsnäs and Haver&Boecker, who are active all over the world, have noticed many repeated and unnecessary errors which result in packaging waste, product loss and environmental damage. Often, also, these errors are as a result of miscommunication or the use of different standards or practices. These errors are mostly easily fixed by applying some basic standard knowledge or practice. It was thought that the development of a ‘’common language’’ for the packaging value chain would be an effective way to ensure the elimination waste and efficient packaging performance around the world. “Globalization makes it essential to speak one language clearly and distinctly.

January–June 2020 (compared to 1–6/2019) • Sales were EUR 945.2 million (964.2). • Comparable operating result was EUR 94.2 million (102.8), or 10.0% (10.7%) of sales. Operating result was EUR 100.3 million (118.3). • Comparable earnings per share were EUR 0.19 (0.23), and earnings per share were EUR 0.21 (0.27). • Comparable return on capital employed was 10.7% (11.7%). • Net cash flow from operations was EUR 152.3 million (67.1). April–June 2020 (compared to 4–6/2019) • Sales were EUR 473.1 million (477.1). • Comparable operating result was EUR 60.5 million (41.0), or 12.8% (8.6%) of sales. Operating result was EUR 66.5 million (46.4). • Comparable earnings per share were EUR 0.13 (0.09), and earnings per share were EUR 0.15 (0.10). • Comparable return on capital employed was 13.9% (9.7%). • Net cash flow from operations was EUR 72.3 million (30.7).

When Kraft Foods Group Inc. and the H.J. Heinz Co. joined forces back in 2015, the goal was to achieve economies of scale and enable Kraft’s brand to piggy-back off of Heinz’s global reach. Ten years on, however, the company’s market capitalization is less than a third of what it was at its peak, and the merger is widely seen as a failure. When your brand stands for something that consumers don’t want, that’s a problem. Just ask Budweiser. At the same time, upstart brands are moving in on staid national brands with health-focused staple products and eye-catching packaging. Consider Goodles, a box macaroni and cheese brand launched in 2021 that has grown its share of the market from 0.6% in 2023 to 4% last year, as reported by The Wall Street Journal. Goodles boasts that its products have more protein and fiber than competitors like Kraft Mac & Cheese and Annies. Goodles also defines its competitors by their packaging (Kraft = Blue Box, Annies = Purple Box) and stands out on shelves with its own bold logo and brightly colored boxes. Another reason being blamed for the Kraft Heinz split is consumers’ continuing support of private label brands. In a shift that started during the Great Recession, cost-conscious shoppers have continued their openness to opt for store brands over brand-name staples. Studies have shown that consumers believe private label products are largely similar in quality to their name-brand counterparts, leaving only one thing to differentiate the two: packaging. And yet, it can be hard to pick out the Heinz in a wall of ketchup at the grocery store.