Westrock Announces Price Increase on SBS Products
Effective with shipments on or after February 8,2021, WestRock Commercial Print will increase the price of PrintKote® C1S and all PrintKote® specialty SBS products by 3 to 5%.
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Silgan Holdings Announces CEO Succession Plan
Silgan Holdings Inc. announced that, as part of the continuation of its long-term succession planning, its Board of Directors has appointed Adam J. Greenlee as Chief Executive Officer of the Company, effective September 1, 2021. Mr. Greenlee will also continue as President of the Company. Mr. Greenlee joined Silgan in 2005 and ran its North American Closures operations prior to being appointed Executive Vice President of the Company in October 2007. Mr. Greenlee was named Chief Operating Officer of the Company in 2009 and was appointed President of the Company in April 2019. Tony Allott has served as Chief Executive Officer of the Company since March 2006, only its second CEO since its founding in 1987. Mr. Allott will continue to serve as Executive Chairman of the Company. “Adam and I have worked closely together on every major activity of Silgan for the past decade and he has been responsible for the oversight of each of our operating businesses in recent years. Just as importantly, Adam understands and personifies the unique culture of our Company and has consistently shown his ability to deliver results as Silgan has continued on its path of growth and success. While I am sure his leadership will explore new ideas and opportunities, I am equally confident it will be founded on the ideals and principles that have served us so well in the past,” said Tony Allott, Chairman and CEO.
American Packaging Corporation Announces ISCC PLUS Certification
American Packaging Corporation announces five APC Centers of Excellence achieved International Sustainability and Carbon Certification PLUS. APC's Columbus, Wisconsin, Deforest, Wisconsin, Story City, Iowa, Chili, New York and Rochester, New York plants all achieved the certification, allowing APC to source and convert advanced recycled resins and films, often called circular content. These circular content resins and films are used to manufacture packaging products requiring recycled content and tracks the usage through a mass-balance accounting process, a methodology that looks at all inputs and outputs of a particular process. ISCC PLUS certification plays a crucial role in the development of the circular economy by ensuring the traceability of advanced recycled plastics along the entire supply chain in compliance with the ISCC PLUS standards. Unlike traditional mechanically recycled content, the advanced recycled process converts materials to the molecular level, offering a feedstock that can be used to produce new plastic materials with properties equal to virgin plastic. The result is eco-friendly materials that are highly sought-after by environmentally conscious consumers. This certification provides an additional and complementary option to mechanically recycled materials for those customers wishing to utilize recycled content.