Caraustar Industries, Inc. announced a minimum price increase of 7.0% on all paper tube and core products. The increase will be effective starting with shipments on July 18, 2018.
The increase is in response to strong market dynamics and inflationary cost pressures in transportation (both inbound and outbound) and chemicals.
https://www.prnewswire.com/news-releases/caraustar-announces-a-minimum-7-0-price-increase-on-all-paper-tube-and-core-products-300667742.html
Related Posts
Mondi is supplying zooplus with a pre-made FlexiBag Recyclable and BarrierPack Recyclable form-fill-and-seal (FFS) reel material, which are both certified recyclable by the Institute cyclos HTP which specialises in the classification, assessment and certification of recyclability of packaging. While seeking greater recyclability for its packaging, the online retailer was not willing to compromise on any performance properties, including barrier protection, or aesthetics. Mondi’s materials provide all the necessary barrier properties to protect against the unwanted transmission of moisture, oxygen and odours with a high premium look and feel. Mondi’s expertise made it possible to maintain the desired aesthetics on the packaging, so that the previously metallised highlights on the label and in the eyes of the wolf are also recyclable.
AptarGroup, Inc. reported strong fourth quarter results due to solid operational performance driven by top and bottom line improvements. Results were driven by sales growth in pharma solutions, increased demand for closures technologies and productivity gains across the company. Reported sales increased by 1% and core sales increased by 2% due to a negative currency effect. Aptar reported net income of $101 million for the quarter, a 62% increase from the prior year. In addition, the quarterly results benefited from a lower effective tax rate. “Aptar achieved another strong quarter and year, delivering back-to-back years of double-digit earnings per share growth. For the full year, our pharma franchise grew sales 8%, propelled by brisk demand for our proprietary drug delivery systems, which grew 9% in 2024. Our closures segment also finished the year strong with solid performance and good momentum. Net income for full year 2024 grew 32% over the prior year and we ended 2024 solidly in the middle of our long-term adjusted EBITDA margin range, with significant margin expansion in our pharma and closures segments. Our beauty segment was able to improve its margin even with a challenged top line, driven by increased productivity and cost management efforts. In 2024, net cash provided by operations increased 12% along with lower capital expenditures, which generated a free cash flow increase of 40%,” said Stephan B. Tanda, Aptar President and CEO.
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.