Graphic Packaging Holding Company (NYSE: GPK), today announced that its wholly owned subsidiary, Graphic Packaging International, Inc., has completed the previously announced acquisition of substantially all the assets of Carton Craft Corporation and its affiliate Lithocraft, Inc.
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What do Italy, Australia and India have in common? In each country, new regulations aimed at reducing packaging waste and promoting alternatives to plastic will come into force in 2022. While packaging is often necessary to protect products, everyone in the industry is looking for ways to reduce waste and overpackaging. This goal is complemented with efforts to make packaging more sustainable with renewable and recyclable materials. The quest for sustainability unites big brands with responsible consumers and – regulators around the world. In recent years, governments have responded to public concerns by devising rules that seek to tackle packaging waste – single-use plastics in particular – and improve recycling and waste management systems. Many of these new norms will become effective in the next years, creating a worldwide regulative trend that can help promote more sustainable packaging. Here’s a quick look into what various countries are currently doing to reduce packaging waste and how this affects companies and consumers.
KapStone Paper and Packaging Corporation (NYSE:KS) today reported preliminary results for the fourth quarter and year ended December 31, 2017. As compared to 2016’s fourth quarter, results for 2017’s fourth…
January–June 2023 (compared to 1–6/2022) *Sales were EUR 1,040.2 million (1,232.5). *The comparable operating result was EUR 116.0 million 267.4), or 11.2% of sales (21.7). Operating result was EUR 117.9 million (283.3). *Net cash flow from operations was EUR 142.0 million (95.3). April–June 2023 (compared to 4–6/2022) *Sales were EUR 498.2 million (650.5). *The comparable operating result was EUR 27.3 million (145.9), or 5.5% (22.4) of sales. Operating result was EUR 29.5 million (142.6). *Net cash flow from operations was EUR 15.6 million (2.7).