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آرشیو برچسب های: packaging and paper

Mondi puts the fizz into Coca-Cola HBC Austria’s functional packaging solution

Mondi, a global leader in packaging and paper, 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.

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.

 

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Mondi expands ISTA-approved testing services to all its eCommerce packaging solutions

Mondi, a global leader in sustainable packaging and paper, is pleased to announce the expansion of its International Safe Transit Association (ISTA) and Amazon Packaging Support and Supplier Network (APASS) certified Performance Lab services to cater to the growing demands of eCommerce customers. Mondi’s Performance Lab can now also test converted solutions such as MailerBAGs and corrugated boxes. Located in České Budějovice, Czechia, the Mondi Performance Lab complements its eCommerce service offering for high-performance eCommerce packaging, from base material to converted solutions. The laboratory’s state-of-the-art equipment simulates the typical impact of packed goods in each supply chain step.

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Packaging Corporation of America 2Q net sales down to $2 billion

Packaging Corporation of America (PCA) reported Q2 2023 net income of $۲۰۳ million, or $۲.۲۴ per share, and net income of $۲۰۹ million, or $۲.۳۱ per share, excluding special items. Q2 net sales were $۲.۰ billion in 2023 and $۲.۲ billion in 2022.

Excluding special items, the ($.92) per share decrease in Q2 2023 earnings compared to the Q2 2022 was driven primarily by lower volumes in the Packaging ($.90) and Paper ($.07) segments, lower price and mix in the Packaging segment ($.47), higher depreciation expense ($.09), and higher other converting costs ($.03).

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Mondi invests in FunctionalBarrier Paper Ultimate

Mondi, a global leader in packaging and paper, is investing €۱۶ million in new technology to produce a new packaging range called FunctionalBarrier Paper Ultimate. This ultra-high barrier paper-based solution for food meets growing customer demand for sustainable packaging that contributes to a circular economy.

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West Fraser to sell Hinton Pulp in Alberta to Mondi Group

West Fraser Timber Co. Ltd. announced an agreement to sell its unbleached softwood kraft pulp mill in Hinton, Alberta to Mondi Group plc, a global company in sustainable packaging and paper.

The transaction establishes a long-term partnership between the two companies in the region. Pursuant to the transaction, West Fraser will continue to supply fibre to the Hinton mill under long-term contract, via residuals from West Fraser’s Alberta sawmills. Mondi’s intention, subject to pre-engineering and permitting, is to invest Euro 400 million in the expansion of the Hinton mill, primarily for a new 200,000 tonne per annum kraft paper machine, anticipated to be operational from the second half of 2027.

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Mondi orders new kraft paper machine from Bellmer for its flagship Štětí mill

Mondi, a leading global packaging and paper company, has ordered a new paper machine from Bellmer for its flagship Štětí mill in the Czech Republic. The investment will help Mondi meet the growing demand for paper-based flexible packaging, underpinned by growth in eCommerce and sustainable packaging. It will also contribute to expanding Mondi’s portfolio of innovative, sustainable packaging and paper solutions.

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