FMN | January 31st, 2022

Packaging Corp. Registers $7.7B In Net Sales Containerboard and corrugated packaging pro- ducer Packaging Corporation of America (PCA) has reported full year and fourth quarter (Q4) results for the period ending on 31 December. For the full year 2021, the company’s net sales were $7.7 billion, up from $6.7 billion in 2020. PCA generated a net income of $841 million, or $8.83 to a share, while its net income, excluding special items, was $894 million, or $9.39 to a share. The company’s results for Q4 were $0.72 high- er than the expected $2.04 to a share. During the period, the company’s net sales were $2.0 billion, an increase from $1.7 billion in 2020. Its Q4 net income was $217 million, or $262 million excluding special items. EskoWorld Keynote To Focus On ‘New Normal’ Representatives from McKinsey will deliver the keynote speech at this year’s EskoWorld event, de- tailing the ‘New Normal’ for the packaging value chain to hundreds of packaging professionals from around the world. David Feber, a Partner who leads McKinsey’s Packaging Service Line, will be joined by Daniel Nordigården, a McKinsey Partner focused exclu- sively on the global paper and packaging industry, to deliver the speech at EskoWorld 2022. The technology-focused event returns, taking place June 7-9, 2022, with more than 500 packag- ing and label converters and brand representatives expected to come together live and in person at the Gaylord Texan Resort in Grapevine, Texas. Last year’s virtual EskoWorld 2021 event attract- ed almost 1,000 online attendees, with more than 15,000 individual registrations for the 81 dedicated sessions across five days. Bobst Joins SGP Partnership As Gold Patron The Sustainable Green Printing Partnership (SGP), an authority in sustainable printing certifications, has announced that Bobst is now a gold patron. Bobst is driving to achieve a circular economy in flexible packaging, and its partnership with SGP is another step in the goal to empower sustainability. SGP certification is a whole-facility certification program developed for the entire printing industry, offering sustainability validation by a third party.

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