Board Converting News, March 4, 2024

Constantia, Aluflexpack (CONT’D FROM PAGE 37)

community for the brand solutions supply chain; and the Print Education & Research Foundation (PERF), an organiza- tion dedicated to providing research and education for the printing industry; have announced their respective Boards have signaled their intent to effect a merger of the three entities. The target date for the merger is April 1, 2024. Siegwerk Recognized For Climate Transparency Siegwerk, a global providers of printing inks and coatings for packaging applications and labels, has received a CDP Scoring B for its actions and contributions to minimize im- pact on climate change. It was the first year that the com- pany voluntarily participated in disclosing its climate-relat- ed strategy and initiatives through CDP. The CDP scoring scale ranges from A to D, where companies with an A score are among the most transparent when it comes to disclosure and performance of their climate actions. The CDP score is a boost for Siegwerk to continue its efforts and focus to realize the seven ambitious targets set by its Sustainability Management Program HorizonNOW for 2025, including carbon neutrality Scope 1 and 2 emis- sions and achieving 75 percent of sales from products and services enabling circular packaging. HorizonNOW is aligned with the Science Based Target Initiative (SBTi) and United Nations Sustainable Development Goals (UN SDG).

ditions, including the outcome of the regulatory process. Aluflexpack is a player in the European packaging in- dustry, specializing in foil and film packaging for the con-

sumer and pharmaceutical markets. Operating out of 14 locations across Europe with more than 1,500 employees, the company will complement Constantia Flexibles’ pack- aging portfolio. The transaction is expected to be complet- ed in Q4 2024, pending regulatory approvals. Printing United Alliance, Brand Chain, PERF Join Forces PRINTING United Alliance, a member-based printing and graphic arts association in North America; Brand Chain, a

AFTER 80 YEARS, We’ve got innovation down to a science.

We’re proud to celebrate 80 years of working with press builders, converters, and ink makers to develop ink circulating and conditioning systems which meet their unique requirements. With a new 125,000 square foot factory outside of Chicago, Illinois and over 80 years of experience serving the global market, Graymills continues to lead the industry in innovation, quality and sustainability.

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March 4, 2024

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