Amcor announced the North American launch of curbside-recyclable AmFiber™ Performance Paper packaging, part of the company’s AmFiber portfolio. Prequalified by How2Recycle®, performance paper meets the repulpability standards for curbside recycling, allowing brands to provide consumers with more sustainable end-of-life outcomes for packaging. Paper-based packaging alternatives employ innovative technologies to deliver the right barrier, shelf-life, and machine performance to meet brand and product needs. Consumers often seek paper-based packaging to deliver a more sustainable end-of-life, due to widespread curbside paper collection and recycling. And on the shelf, paper-based solutions meet consumers’ preferences for a natural look and feel.

AptarGroup, Inc. announced that following the signature of a share purchase agreement on July 22, 2021 and the approval of the French Ministry of Economy under the foreign investment clearance regulations, it has completed the acquisition of a majority stake in Voluntis from the company’s reference shareholders and certain members of the management. The stake acquisition represents approximately 64.6% of the share capital of Voluntis, at a price of €8.70 per share. In accordance with applicable regulation, Aptar will launch a mandatory cash tender offer to acquire Voluntis’ remaining shares for the same price of €8.70 per share. Aptar intends to file the Tender Offer with the French Markets Authority in September 2021 and the Tender Offer will be subject to the regulatory clearance from the AMF.

This according to Fastmarkets Paper Packaging Monitor. On the heals of IP closure of 1.4 million tons of containerboard added to closures by Greif, Georgia Pacific, Cascades, and Smurfit Westrock brings a total of nearly 4 million tons removed from the market this year alone. These closures will send operating rates into the mid-nineties in 2026. We can expect price increase at these operating rates and Fastmarkets is projecting $50/ton next year.