Billerud’s European production of packaging materials is the first to be third-party assessed as 100% recyclable, according to EU legislation proposed for 2030. This reinforces Billerud as a world leader in sustainable packaging.
The standards proposed by the coming Packaging and Packaging Waste Regulation (PPWR) are high, but Billerud has been meeting high standards for many years. This is why we reached the goal seven years in advance and are the first in the world to do so. Whatever type of 100% recyclable paper or packaging material you need, contact our team to achieve your sustainability goals. Together, we will customize a solution with tomorrow in mind!
https://www.billerud.com/about-us/sustainability/go-sustainable/recyclability?utm_campaign=Brand%20-%20Sustainability%20-%202023&utm_medium=email&_hsmi=281392361&_hsenc=p2ANqtz-8u-qFnasBlJyox_NowzcgldxTg0y-UJgDkTp64iVAYG-w6n4t-8oWe3ya_YEBxeHWvTZVO48gsEFRlu-h9YJTv2DEGNg&utm_content=281082325&utm_source=hs_email
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First Quarter Highlights and other notable items: *Net sales of $4.9 billion comparable year-over-year *Net income of $45 million, Adjusted Net Income of $141 million *Results in the current year impacted by $119 million due to economic downtime and weather disruptions; additionally, non-cash pension costs increased $40 million year-over-year and the unfavorable impact of foreign currency was $17 million year-over-year *Acquired the remaining 67.7% interest in Gondi, S.A. de C.V. (“Grupo Gondi”) for $970 million, plus the assumption of debt *Divested two uncoated recycled paperboard mills (“URB”) for $50 million, subject to a working capital adjustment, and recorded an $11 million pre-tax gain on sale
As shoppers demand products that are better for the environment, retailers can’t help but take notice. In fact, the consumer packaged goods industry has already started to reap the rewards. In just five years, 50 percent of their growth was attributed to a rise in sustainable products. Even so, 78 percent of consumers think companies need to do more for the environment. To capture a portion of the money consumers are now spending toward sustainable companies, it’s time companies reevaluate their practices. But the question is, how? Sustainable practices allow companies to connect with consumers and improve their bottom line — all at the same time. Plus, retail logistics go a long way toward demonstrating to customers that you’re doing right by the environment.
Mondi plc is pleased to announce that it has entered into an agreement to sell its Personal Care Components business (‘PCC’) to Nitto Denko Corporation (‘Nitto’) for an enterprise value of €615 million, which is also the approximate cash consideration payable to Mondi at completion (the ‘Transaction’). Mondi’s strategic focus to grow in packaging and the limited overlap of PCC with the rest of its business, has led Mondi to conclude that the next phase of PCC’s development will be better undertaken outside of the Group. PCC, part of the Group’s Engineered Materials business unit, manufactures a range of components for personal and home care products needed in everyday life such as diapers, feminine care, adult incontinence and wipes. For the financial year to 31 December 2020, PCC generated underlying EBITDA of €42 million.