Ranpak Announces North American Launch of PadPak® Auto-Coiler Ultimate Performance Cushioning Solution

Rhea-AI Summary

Ranpak Holdings Corp (NYSE: PACK) has launched the PadPak® Auto-Coiler, a new on-demand paper-based cushioning solution for heavy items. Designed to replace plastic and foam, this innovative technology enhances protection for products exceeding hundreds of pounds. The Auto-Coiler increases shock absorption with customizable options for various industries, including manufacturing and automotive. CEO Omar Asali emphasized the dual benefits of sustainability and profitability, aiming to assist manufacturers in meeting shipping and environmental goals. This launch strengthens Ranpak's position in sustainable packaging.

Positive

• Launch of PadPak® Auto-Coiler enhances product offerings.
• The technology offers sustainable alternatives to plastic and foam.
• Customizable options for various industries improve market adaptability.

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• None.

Ranpak Holdings Corp. (“Ranpak”) (NYSE: PACK), a global leader of environmentally sustainable, paper-based packaging solutions for e-commerce and industrial supply chains, today announced the North American launch of PadPak® Auto-Coiler, the Company’s newest solution for heavy cushioning.

PadPak® Auto-Coiler is an on-demand system that creates a sustainable, paper-based cushioning solution to displace environmentally harmful alternatives, such as foam and plastic. Auto-Coiler automatically forms Ranpak’s proven pads into a protective spiral disc that supports a variety of products, including heavier items that exceed hundreds of pounds. The innovative technology is designed for very heavy, dense or high-value products that are typically difficult to ship. Industries that have a need for this increased level of protection include industrial manufacturing, home furnishings, medical equipment and automotive.

“At Ranpak, we believe that what’s good for the environment is also good for the bottom line, and that sustainable solutions don’t need to compromise product quality, effectiveness or ease of use,” said Omar Asali, CEO of Ranpak. “The addition of PadPak® Auto-Coiler to our broad range of paper-based solutions gives even more manufacturers a new and better option to meet their supply chain, shipping and sustainability goals.”

This innovation features Ranpak’s PadPak® technology in a new way. When paper pads are coiled into a supportive, protective disc of paper, the thickness and surface area of the cushioning product are increased, which boosts shock absorption. Auto-Coiler diminishes any concern when shipping large and heavy items.

With a broad range of paper basis weight options, five operation modes and a brand-new density control selection, the Auto-Coiler provides industry leading customization options. The Ranpak team is highly skilled in determining the optimal protective packaging solution for any company’s shipping requirements. The efficient, easy to operate and high-performance Auto-Coiler is the ideal solution for packaging heavy, dense and fragile products.

For additional information about PadPak® Auto-Coiler™, please visit: https://www.businesswire.com/news/home/52402220/en

About Ranpak

Founded in 1972, Ranpak's goal was to create the first environmentally responsible system to protect products during shipment. Ranpak’s mission is to deliver sustainable packaging solutions that help improve supply chain performance and costs, reduce environmental impact, and support a variety of growing business needs globally. The development and improvement of materials, systems and total solution concepts have earned Ranpak a reputation as an innovative leader in e-commerce and industrial supply chain solutions. Ranpak is headquartered in Concord Township, Ohio and has approximately 600 employees. Additional information about Ranpak can be found on its website https://www.ranpak.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210329005086/en/

FAQ

What is the PadPak® Auto-Coiler launched by Ranpak?

The PadPak® Auto-Coiler is an on-demand, paper-based cushioning system designed to protect heavy items during shipping.

How does the PadPak® Auto-Coiler improve shipping products?

It increases shock absorption and protects heavier items by forming paper pads into supportive discs.

Which industries can benefit from the PadPak® Auto-Coiler?

Industries such as industrial manufacturing, automotive, home furnishings, and medical equipment can benefit from the new cushioning solution.

What are the environmental benefits of the PadPak® Auto-Coiler?

It displaces environmentally harmful alternatives like foam and plastic, promoting sustainable packaging practices.

When was the PadPak® Auto-Coiler launched?

The PadPak® Auto-Coiler was announced on March 29, 2021.