Graphic Packaging Holding Company (NYSE: GPK), today announced that its wholly owned subsidiary, Graphic Packaging International, Inc., has completed the previously announced acquisition of substantially all the assets of Carton Craft Corporation and its affiliate Lithocraft, Inc.
http://investors.graphicpkg.com/investor-relations/press-releases/press-release-details/2017/Graphic-Packaging-Completes-Acquisition-of-Carton-Craft-Corporation/default.aspx
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Silgan Holdings Inc. announced that it entered into a new amended and restated stockholders agreement with its co-founders, D. Greg Horrigan and R. Philip Silver, which amends the existing stockholders agreement to remove the contractual right of the co-founders of the Company to nominate for election all Directors of the Company so long as they and their affiliates held a certain amount of shares of Common Stock of the Company. The co-founders of the Company and their affiliates still as of today hold more than such amount of shares of Common Stock of the Company. Under the new amended and restated stockholders agreement, the co-founders, so long as they and their affiliates own at least five percent of the Common Stock of the Company, retain the right to nominate one nominee for election as a Director of the Company, which nominee must be one of the co-founders. As a result of the new amended and restated stockholders agreement which removed the contractual right of the co-founders of the Company to nominate for election all Directors of the Company, the Board of Directors of the Company established a Nominating Committee of the Board of Directors which consists of all of the independent Directors of the Company. The primary responsibility of the new Nominating Committee of the Board of Directors of the Company will be to assist the Board of Directors in identifying qualified candidates as nominees for the Board of Directors of the Company.
Ahlstrom-Munksjö continues to expand in the packaging tape market by launching MasterTape™ Pack Green tape backing offering consisting of bio-based tape backings with greater sustainability attributes. MasterTape™ Pack Green is available in multiple variants and basis weights, including saturated tape backings, as well as saturated and release coated tape backings with different levels of releases that are compliant with various adhesive systems. The offering can also be fully customized based on customer requirements. MasterTape™ Pack Green offers an alternative to plastic tape solutions, and it is produced from responsibly sourced and renewable wood pulp, certified according to Forest Stewardship Council® standards. Aligned with Ahlstrom-Munksjö’s ‘from Plastic to Purpose’ campaign that aims to raise awareness about the possibilities of fiber-based solutions as a renewable option, its bio-based contents are above 85%, and it is repulpable and recyclable according to EN13430.
Atlantic is excited to announce that the Science Based Targets initiative (SBTi) has approved our science-based targets for reaching net-zero greenhouse gas emissions by 2046! Atlantic Packaging is the first North American packaging company with an approved net-zero target. Overall Net-Zero Target: *Atlantic commits to reach net-zero greenhouse gas emissions across its value chain by 2046, which is Atlantic’s 100th birthday. Near-Term Targets: *Atlantic commits to reduce Scope 1 and 2 greenhouse gas emissions 70% by 2030, from a 2021 base year. *Atlantic also commits that 55% of its suppliers by spend, covering purchased goods and services, will have science-based targets by 2027. *Atlantic further commits to reduce 25% of its Scope 3 greenhouse gas emissions from purchased goods and services by 2030, from a 2021 base year.