News Ticker – August 12, 2010

Global sustainable-packaging field to reach $142.42B by 2015: study
Increased awareness about eco hazards related to disposal and recycling of packaging waste, government initiatives to minimize greenhouse-gas emissions, and stringent regulations will drive growth of sustainable packaging, says a new report by Global Industry Analysts, Inc. Unlike other segments of the packaging industry, sustainable packaging registered impressive growth during 2008-2009, and has been immune to the economic downturn, GIA says. Europe and the US represent the largest regions for sustainable packaging, together accounting for more than 70% of the global market. Asia-Pacific is poised to witness the fastest growth in terms of use of green packaging, increasing more than 10% CAGR to 2015. More info

Paper-based “green” packaging competes with Bubble Wrap®
Around since 1960, Bubble Wrap® has become the standard for protecting fragile objects from shipping damage. Being a petroleum-based product, however, it has its environmental drawbacks.
Geami paper protective packaging     A new alternative from a Morrisville, NC-based converter looks to solve these downsides. The Geämi (pronounced ge ah me) two-part paper-packaging system protects fragile objects. It includes perforated, brown kraft paper made from wood that’s SFI-certified. The kraft is die-cut in a patented process with thousands of horizontal slits. When expanded, the paper becomes a three-dimensional, web-like honeycomb of angled cells. A layer of tissue then gets laid on top, providing additional cushioning. When two pieces of Geämi are pressed together, they lock into place, somewhat like Velcro. The honeycomb design provides protection that helps keep products in place when shipped. This eliminates the need for tape, a real cost savings, and prevents shifting in the box.
     Geämi’s tissue paper is 100% post-industrial recycled content. The brown kraft paper is available in either virgin fiber or a 60/40 blend (post industrial/virgin fibers). Geämi paper is biodegradable, recyclable, sustainable and reusable, the converter says. More info  

RockTenn to raise price on Millennium® paperboard grades
The Norcross, GA, substrate provider announced yesterday a $50 per ton price increase on Millennium® grades of 100% high-strength, recycled paperboard, effective Sept. 13. More info

Cascades reports net earnings, shipments up in Q2 2010
The Kingsey Falls, Quebec, Canada-based substrate provider and tissue/towel converter says its Q2 2010 net earnings per share were CAN$0.22, compared to zero in the previous quarter. Improved business conditions and increased demand and selling prices in both North America and Europe drove the results. Total shipments were up 3% compared to the first three months of 2010 and up 9% compared to Q2 2009. The converter launched a new antibacterial tissue hand towel recently. More info

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