Sonoco ThermoSafe one of the largest global providers of temperature assurance cold chain packaging, is expanding its Orion Rental packaging program in Europe, adding an additional reclamation service station in Brussels. The new Orion reclamation station is at CEVA Logistics in Brussels, chosen as an ideal location for its proximity to existing biopharma customers, prospects, and other western European countries. CEVA Logistics is a well-established logistics partner to 500+ healthcare and life science companies, fully compliant to GxP and ISO standards. The BRU Orion Rental Station will perform full reclamation, cleaning, and refurbishment processes necessary to return Orion boxes back into circulation in ‘like new’ quality condition, suitable for healthcare products.

Third Quarter 2021 Results: Reported Results: For the third quarter 2021, the company recorded earnings from continuing operations of $0.48 per share (diluted) compared to earnings from continuing operations of $2.06 per share (diluted) in the prior year period. The current year earnings from continuing operations before income taxes were $127 million, compared to $376 million in the third quarter of 2020 which included an approximately $280 million net gain on the sale of O-I’s ANZ business unit. Segment Operating Profit1: Third quarter 2021 segment operating profit was $243 million compared to $204 million in the prior year period. While demand for glass containers remains strong, sales volumes (excluding divestitures) declined approximately 1 percent from the prior year. Higher segment operating profit was largely due to higher production levels, as well as strong operating performance and the benefits from the company’s margin expansion initiatives. Cash Flows: Cash provided by continuing operating activities was $306 million in the third quarter 2021, compared to $262 million in the prior year period. Third quarter 2021 free cash flow1 was $213 million compared to $205 million in 2020.

Mondi is making good progress in terms of integrating its new Turkish HD corrugated plants in Bursa, Corum and Gebze with its plants in Germany (Ansbach) and Poland (Simet), following the acquisition of Olmuksan in 2021. In recent years, Mondi has invested in new capacity, technology and machinery at its Ansbach and Simet plants, which are now some of Europe’s largest full-service, state-of-the-art facilities. Mondi Olmuksan is one of the leading players in the HD sector in Turkey, further expanding the group’s capacity to serve a broader range of industries and geographies. "Our customers have been impressed that a HD corrugated container can withstand a tonne of top weight, or that a corrugated box can safely transport heavy items through hot and humid climates. Once they realise that HD corrugated solutions are a viable alternative, they get excited about all the added benefits of customisation, handling and transport efficiencies. And of course, switching to a lightweight, paper-based, recyclable material helps our customers achieve their own sustainability goals." Gerald Dörzbach, Sales Director at Mondi Wellpappe Ansbach