Sonoco Launches New Paper-Bottom Can in North America
Sonoco has launched its new paper-bottomed can in North America. The new can, which features a paper bottom, is made from 100% recycled fiber with up to 90% sourced from post-consumer materials.
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Sealed Air Corporation Reports Q3 2020 Results
Net sales of $1.2 billion increased 2% as reported. Currency had a negative impact on total net sales of $12 million or approximately 1%. Net earnings were $132 million, or $0.85 per diluted share. Special Items, which were largely due to one-time net tax related benefits, contributed $5 million to net earnings. This compares to third quarter 2019 net earnings of $80 million, or $0.51 per diluted share, which were unfavorably impacted by $20 million of Special Items, including restructuring and restructuring associated costs of $15 million, net of tax.
Single-use ‘tent trash’ looms over festival season
As Glastonbury festival gets underway, our new research reveals that 70% of people who have bought a tent admit they have used it just once. Looking ahead, over half (52%) admit they are likely to buy a tent and use it for just one event, such as a festival, suggesting that polyester tents are the single-use plastic everyone is overlooking. According to estimates, about 250,000 tents made of polymer-based nylon or polyester are abandoned annually, leading to the creation of 'tent trash' fields and contributing to 900 tonnes of waste. This ultimately results in the generation of more single-use plastic. Our research revealed that 18% of adults consider tents as the worst single-use plastic item for the environment. Despite this, 19% of tent owners have never thought about the environmental impact of tents. We have worked with EnviroTent, a company that designs cardboard tents, to address this pressing issue. Together, we have created a 100% recyclable cardboard tent, which could be a game-changer in the fight against 'tent trash'. Tayla Evans, the founder of EnviroTent, is urging festival organisers to consider using cardboard camping to help end 'tent trash.'