More brands are shifting to paper packaging — but not without challenges. Paper packaging is taking on new frontiers. Maybe you’ve seen paper across new formats such as dog food canisters, vitamin mix containers or even staples in your liquor cabinet. Consumers love paper packaging for its perceived environmental benefits, recyclability and renewability. They’re even wondering: Why can’t all my packaging come in paper?
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Amcor Interim CEO Peter Konieczny said: “Amcor finished fiscal 2024 strongly, as the underlying businessdelivered another sequential improvement in volume and earnings growth, with fourth quarter adjusted EPS up9%, ahead of the expectations we set out in April. Volumes returned to year on year growth in the quarter ascustomer demand improved and our teams maintained their outstanding focus on managing costs, drivingstrong margin expansion. Annual adjusted free cash flow was at the top end of our guidance range and up 12%on last year.
Georgia-Pacific today announced an investment of more than $150 million to rebuild a paper machine at its mill in Wauna, Oregon. This investment will rebuild a 1965-vintage paper machine into a world-class machine to make paper for Angel Soft® and strategic private label bath tissue. This modernization project helps position the mill and the overall business to continue to be competitive in the market. Engineering and related work has begun, and startup of the machine is scheduled for 2026. At peak construction, 500 construction and contract-related workers are expected to be onsite at the mill. “We are excited to invest in our market leading Angel Soft® bath tissue and strategic private label brands we support," said Vivek Joshi, president of Georgia-Pacific's retail tissue, towel and napkin business. "This investment will allow us to grow these brands and continue to serve our loyal consumers with the great quality they have come to expect.”
Stora Enso is extending its packaging offering with a new portfolio of bio-based foams from wood. The products are fully recyclable and can be used for protective and thermal packaging. Lightweight wood foams address the need for climate-friendly, renewable and circular cushioning materials in inner packaging. Stora Enso’s offering consists of Fibrease™ by Stora Enso and Papira® by Stora Enso. Both foams come with versatile technical and sustainability properties, and customers can select a suitable foam based on their specific packaging requirements. The foams can be used for protecting fragile goods and are optimal for thermal packaging of temperature sensitive products. Fibrease is commercially available now, while the pilot plant for producing Papira has started operations at the Fors site in Sweden, following the investment announced in August 2020. Fossil-based packaging is a major contributor to pollution, accounting for 40% of the world’s plastics. With Fibrease and Papira, Stora Enso now introduces renewable and climate-friendly alternatives to fossil-based packaging protection. The bio-based foams come from certified wood and are recyclable in paper recycling streams.