Press Releases

Packaging Corporation of America announced today that its Board approved a regular quarterly dividend of $1.00 per share on its common stock. The quarterly dividend of $1.00 per share will be paid to shareholders of record as of September 15, 2021 with a payment date of October 15, 2021. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA’s Board of Directors. PCA is the third largest

Elopak is today announcing the more environmentally friendly aseptic carton – the Pure-Pak® eSense. The new Pure-Pak® eSense is the same shape as the consumer friendly Pure-Pak® Sense Aseptic carton, with the ‘e’ standing for eco-friendly. It has been developed using technology from Elopak’s fresh portfolio that means the carton can preserve product integrity, safety, and lifespan without requiring an aluminium layer which is commonly us

C-P Flexible Packaging (C-P), a leader in the flexible packaging industry, today announced the acquisition of privately held Fruth Custom Packaging, Inc. and affiliated company Cleanroom Film and Bag, Inc. located in Placentia, California. Both of the acquired companies specialize in manufacturing flexible rollstock and pre-made pouches used in cleanroom environments. C-P is a longstanding portfolio company of First Atlantic Capital, a New York based private equity firm. Terms of the transact

The Freedonia Group finds that, apples and berries will remain the best opportunities for fresh fruit packaging suppliers through 2024, together accounting for 51% of demand: Growth in apple packaging demand will be above average, supported by a projected increase in domestic apple production and rising demand for apple slices packaged individually for convenience and snacking. Berries are relatively intensive users of higher cost rigid packaging containers due to

Graham Packaging Company Inc. will host a conference call on Wednesday August 25, 2021 at 9.00 EDT/14.00 BST/15.00 CEST to review its financial results for the second quarter ended June 30, 2021. The call will include prepared remarks and a question and answer session. It will be open in a listen-only mode by telephone. Interested parties may listen to the teleconference by dialing 1-877-407-0784 (callers in the U.S.) at least ten minutes before the start of the call. International

Wildpack Beverage Inc. is pleased to announce that, further to its news release dated August 9, 2021, it has closed the acquisition of all of the issued and outstanding securities of Vertical Distilling, LLC (the "Colorado Facility") in exchange for cash consideration of US$4.5 million. On the date of acquisition, the Colorado Facility was operating on a cashflow positive basis with only one shift. Wildpack has developed an integration and utilization step-up plan that inv

Emerging leader in innovative health and wellness beverages and products, BevCanna Enterprises Inc. announces today that it has signed a definitive agreement with The Tinley Beverage Company Inc., to co-manufacture its award-winning cannabis-infused beverages for the Canadian market. BevCanna will produce and distribute the full line of Tinley’s ready-to-drink, adult beverage-inspired sparkling Tinleys Classics, Canadian versions of Tinley’s Tonics, currently available i

Dixons Carphone, the business behind Currys PC World, has launched an industry first recycling scheme enabling customers to return expanded polystyrene (EPS) packaging to stores for recycling for free. After a successful trial in 14 stores over a six weeks period this summer Currys PC World is rolling out the customer EPS drop-off service to all UK stores. To begin with stores will only accept EPS associated with TV packaging but the retailer will look to collect different types of

Huhtamaki has entered into an agreement to acquire Elif Holding A.S. (Elif), a major supplier of sustainable flexible packaging to global FMCG brand owners, with operations in Turkey and in Egypt. With this acquisition, Huhtamaki reinforces its position as a leading flexible packaging company in emerging markets and strengthens its existing flexible packaging business in attractive consumer product categories. In line with Huhtamaki’s 2030 growth strategy, the acquisition adds scale in

At DS Smith, we're exploring how seaweed fibres can be used as a raw material in paper and packaging products amid increasing demand for sustainable goods from customers and consumers alike. In an industry first, the move could see seaweed used across our packaging network as an alternative fibre source to wood. Following initial testing, we're also exploring the potential of seaweed to play a significant role in the purge on plastics by acting as a barrier coating to replac

Leading thermoforming business, Somerset-based Kingsmoor Packaging, has recruited three apprentices to its manufacturing site, as part of its new apprenticeship scheme. Enrolled at nearby Strode College, all three have started four-year apprenticeships incorporating formal academic training in their chosen fields. Both Chloe Lyons and Jack Crowther have joined the company as apprentice design engineers,  and Ethan Morgan as an apprentice tool setter. As well as learning the ski

Neenah, Inc. adds the first of its kind, environmentally forward RECYCOTAPE™ tape backing to its sustainable product offering. Consumers can now recycle shipping or packaging boxes sealed with RECYCOTAPE, as this unique packaging tape backing will break down along with the box during the recycling process. RECYCOTAPE is uniquely made from FSC® certified, sustainably sourced fibers that easily re-pulp and allow coating removal during the recycling process. As a result, thes

Pact Group, Cleanaway, Asahi Beverages and Coca-Cola Europacific Partners (CCEP) have announced they have signed a Memorandum of Understanding (MOU) to form a joint venture that will build and operate a new PET recycling facility. Under the MOU, the parties intend to come together to provide an industry model for recycling solutions in Australia. This will include the new facility as well as the PET recycling facility currently being built by Pact Group, Cleanaway and Asahi Beverage

FLEXcon Company, Inc., an innovator in adhesive coating and laminating, today announced the expansion of its FLEXcon® optiFLEX® ecoFOCUS™ line, designed with sustainability in mind, to include conformable polyethylene labeling solutions that enable recyclability of HDPE containers. These white and clear products utilize FLEXcon’s V-127RE adhesive to ensure excellent performance and maximize recyclability of HDPE containers. In addition, the TRACrite™ 1.2 mi

Amcor, a global leader in developing and producing a diverse offering of responsible packaging solutions, today announced the launch of a proprietary healthcare lidding technology that will be utilized for combination products – those consisting of two or more regulated components (device, drug or biologic). This latest innovation from Amcor is based on a patented inert film development and laminate design. It provides a lidding solution that can withstand heat sterilization,