Sonoco
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Sonoco reports strong first quarter FY23 results, surpasses estimates
USA – Sustainable packaging provider Sonoco has reported an operating profit of US$230 million in the first quarter (Q1) of fiscal year 2023 (FY23), up…
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Sonoco closes Hutchinson paper mill laying off 116 employees
USA – Sustainable packaging provider Sonoco is permanently closing its Hutchinson Paper Mill, affecting 116 employees who were informed of the closure on 6th March.…
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Sales report roundup: Crown Holdings, Sonoco records increase in net sales for FY22
USA – American metal packaging producer Crown Holdings has registered US$12.94 billion in full-year net sales for fiscal 2022 (FY22), compared with $11.39bn in fiscal…
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Northstar Recycling wraps up acquisition of Sonoco Sustainability Solutions
US – Northstar Recycling Company has completed the acquisition of Sonoco Sustainability Solutions (S3), a division of packaging firm Sonoco. S3 provides asset-light managed services…
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Sonoco expands operations in Turkey with opening of new protective packaging facility
TURKEY – US-based sustainable packaging provider Sonoco has opened a new protective packaging facility in Turkey, expanding its Sonopost cornerpost manufacturing operations in Europe. The…
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Sonoco reports 33% rise in net sales for Q3 of FY22 as Amcor sales rise
US – US-based packaging provider Sonoco has reported net sales of US$1.89 billion for the third quarter (Q3) of fiscal 2022 (FY22), up 34% from…
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Sonoco ThermoSafe expands its Orion Rental Programme with CEVA Logistics
BELGIUM – US-based cold chain packaging provider Sonoco ThermoSafe has announced the expansion of its Orion Rental packaging program in Europe, adding a reclamation service…
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Sonoco launches new uncoated recycled paperboard machine
US – US-based sustainable packaging provider Sonoco has launched its new high-capacity, uncoated recycled paperboard (URB) #10 machine. The launch is part of Sonoco’s Project…
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Sonoco expands European operations with US$88M acquisition of Denmark-based Skjern Paper
DENMARK – US-based diversified packaging company Sonoco has signed a definitive agreement to acquire Skjern, a privately owned paper manufacturer from Denmark for US$88 million.…