Sonoco Expands Paper Containers Recycle And Recovery In US

  • Packaging solutions provider Sonoco Products Co SON said it is expanding the recovery and recycling of scrap materials from its EnviroCan paper containers in the U.S.
  • The recycled items will be used as raw material at three of its uncoated recycled paperboard mills to produce new paperboard.
  • Sonoco expects to divert from landfills approximately 3,300 tons of scrap materials annually from four of its U.S. paper container operations in West Chicago, Illinois., Greenville, Wisconsin., Jackson, Tennessee., and Norwalk, California.
  • These will be used as raw material to produce 100 percent recycled paperboard, with up to 85 percent post-consumer fiber.
  • “We are taking the lead to further demonstrate our ability to recycle our paper containers with metal ends not only through the steel stream, as they are largely done today, but also through the paper stream,” said Elizabeth Rhue, Vice President of Sustainability.
  • Price action: SON shares closed lower by 0.9% at $66.73 on Wednesday.
SON Logo
SONSonoco Products Co
$46.40-%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
30.41
Growth
80.41
Quality
13.54
Value
19.92
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In:
Comments
Loading...