UPM Raflatac has announced the launch of its innovative New Wave paper label material compatible with recycling. It is the first RecyClass certified paper label material to obtain a Letter of Compatibility for use on rigid high-density polyethylene (HDPE) and polypropylene (PP) containers. The test results confirm the compatibility even for natural and white material streams, which require the highest purity of recyclate from the recycling processes. This groundbreaking new label material represents a major step forward in the recycling of rigid plastic packaging, helping brand owners continue to make the shift towards enhanced circularity. At the moment, New Wave is the only RecyClass-recognized label solution for rigid natural and white HDPE and PP material streams. The New Wave label material is designed to provide functionality for the full life cycle of products, primarily home and personal care products such as soap bottles or washing detergent containers. It supports the purity of recycled materials by washing off cleanly at just 40°C using plain water with no chemicals required.

Mondi is delighted to launch a new more sustainable sleeve packaging, created to replace conventional plastic shrink wrap around 1.5 litre sparkling soft drink multipacks produced by Coca-Cola HBC in Austria and keep them secure. Mondi’s Hug-IT, which keeps six bottles together during transportation, is made of Mondi’s Advantage SpringPack Plus, crowned by Guinness World Records as the strongest paper in the world.¹ The Hug-IT sleeve has high tensile strength and incomparable stretchability, so it can be trusted to wrap around the six bottles tightly, keeping them upright and held together during transit – from factory site, to retailer, to the consumer’s home. It will secure 1.5-liter PET multi-packs of the Coca-Cola, Fanta, Sprite and Mezzo Mix brands and will be sold in retail outlets throughout Austria. Hug-IT is an innovative solution, and Advantage SpringPack Plus is currently the only paper on the market offering such unique capabilities, being strong enough holding the bottle bundles together as final Hug-IT solution.

Financial Highlights • Half-year profitability shaped by Covid-19 • Volumes building progressively throughout H1 ◦ -4.7% May, +3% October, overall H1 -1.0% ◦ November >+5% • Significant customer wins in Europe and North America driving market share gain • Q1 profitability affected by negative volumes, deflation and Covid related costs • Q2 good rebound in profitability – improving volumes and average Q2 RoS 9.5% • US showing good momentum driven by Indiana plant progress • Strong organic free cash flow +16%