Sale accelerates Sonoco’s portfolio simplification strategy and enables more focused capital investments in the company’s remaining industrial paper and consumer packaging businesses.
Amcor’s acquisition of Berry Global sends a strong signal to the M&A market: consolidation remains a key strategy for companies seeking to enhance scale, operational efficiency, and market reach.
This strategic alliance underscores Sonoco’s commitment to environmental stewardship and social responsibility, aligning with PSC’s mission to advance sustainability in the global pet industry.
Exploring alternatives for the TFP business is expected to accelerate Sonoco’s portfolio simplification strategy, improve pro forma leverage and further increase shareholder value.
Eviosys is a leading global supplier of metal packaging, producing food cans and ends, aerosol cans, metal closures and promotional packaging to preserve the products of hundreds of consumer brands.
During the presentation, Branyon walked attendees through Sonoco’s journey to ensuring that EnviroFlex Paper was curbside recyclable, and the sustainability advantages paper presents over other plastic-based materials.
This report was prepared in reference to the Global Reporting Initiative (GRI) Standards and the Sustainability Accounting Standards Board (SASB) Containers and Packaging 2018 Sustainability Accounting Standard.
The meeting will include content-rich educational sessions and great networking events.
March 15, 2024
The FPA's 74th Annual Meeting is scheduled for March 20-22, 2024, at the Loews Ventana Canyon Resort in Tucson, Arizona. The event will include educational sessions, networking events, and a talk by Rob Cotton, PepsiCo's R&D director for sustainable packaging materials, on their path to sustainable packaging compliance.