Tambrite Aqua+ is a new circular packaging material for frozen and chilled food packaging that reduces the need for fossil-based plastics and improves recyclability after use. Tambrite folding box board has been providing industry-leading stiffness and bulk for over fifty years with its excellent printability, runnability, and robustness. Aqua+ is a new water-based dispersion coating that provides the necessary protection and food safety. Tambrite Aqua+ utilises a dispersion coating that helps to reduce the use of plastic that is increasingly subject to costs incurred by packagers, such as extended producer responsibility (EPR) fees. Tambrite Aqua+ is fluorochemical-free, resistant to grease and moisture, comes with the PAP21 logo that shows it is easily recyclable with normal paper and board waste streams.

The 12,000 square meter (130,000 square feet) plant will be cutting and slitting large master rolls of 100% recycled paper into smaller rolls and fan-folded stacks for use with Pregis EasyPack cushioned paper packaging machines and other e-commerce applications. “The demand for packaging solutions for e-commerce applications continues to grow at a rapid pace. Pregis’ investment in this new facility will provide additional output to support European fulfillment operations looking for a paper-based packaging solution,” said Pieter van Dongen Torman, commercial director, Pregis Europe.

Q4 2022 in brief: *Net sales increased 10% to EUR 1,104 million (EUR 999 million) *Comparable net sales growth at Group level was 9% and 6% in emerging markets *The impact of currency movements on the Group's net sales was EUR 46 million and EUR 5 million on EBIT. Q1-Q4 2022 in brief *Net sales increased 25% to EUR 4,479 million (EUR 3,575 million) *Comparable net sales growth at Group level was 15 % and 16% in emerging markets *The impact of currency movements on the Group's net sales was EUR 234 million and EUR 22 million on EBIT *Capital expenditure was EUR 318 million (EUR 259 million)