Ranpak Expands Plastic-Free Protective Packaging Offerings with North American Launch of Geami MS Mini™ Wrapping System

Rhea-AI Summary

Ranpak Holdings Corp (NYSE: PACK) has launched the Geami MS Mini™, a sustainable packaging solution that is biodegradable, recyclable, and a plastic-free alternative to traditional bubble wrap. This innovative product is designed for warehouse packing stations, maximizing space efficiency while offering robust protection with a unique 3D honeycomb structure. The Geami MS Mini is positioned to enhance customer unboxing experiences, responding to increased consumer demand for environmentally friendly solutions. Ranpak aims to help clients reduce plastic usage amid potential regulatory changes, improving brand reputation and customer loyalty.

Positive

• Launch of Geami MS Mini, a sustainable packaging solution
• Biodegradable and recyclable product enhances environmental credentials
• Product designed for efficient space usage in packing stations
• Improves customer unboxing experience, boosting customer loyalty

Negative

• None.

Sustainable, biodegradable, and recyclable protective packaging solution offers plastic-free alternative to traditional plastic bubble roll

CONCORD TOWNSHIP, Ohio--(BUSINESS WIRE)-- 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 the Geami MS Mini™ wrapping system, a sustainable, biodegradable, recyclable and plastic-free alternative solution to traditional plastic bubble roll.

Geami MS Mini is an ideal solution for addressing the needs of warehouse packing stations, where space is at a premium and efficiency is paramount. The robust design of the solution features an impressively small footprint, maximizing space on the table or counter for wrapping items. From low volume operations to mega-volume, omni channel fulfillment retailers, there is a shift in consumer demand to be more compact and cost conscious while still maintaining quality. Ranpak’s new Geami MS Mini addition checks all of these boxes.

The paper-based protective packaging solution combines a smaller footprint with the protective power of die cut paper which expands into a 3D honeycomb structure. A single sheet without an inner leaf provides strong protection and aesthetics with a focus on maximizing material efficiency. By locking angled paper cells together, items can be wrapped securely without the need for adhesive tape or cutting. The converter can be placed at any packing station where individual items require a protective wrap, with quick integration and an easy training period for packers.

The Geami MS Mini solution also offers an outstanding in-the-box presentation and unpacking experience. Geami’s honeycomb texture provides a unique and memorable look for packaging, enhancing the unboxing moment for consumers. Ranpak’s plastic-free Geami® paper provides a smart alternative to plastic wrapping for companies considering the impacts of potential future regulations that would ban plastic packaging, while also improving brand reputation and customer loyalty.

“Single-use plastic, bubble rolls are a scourge on our environment that chokes our landfills and pollutes our oceans. Our customers are seeking ways to reduce their plastic packaging and Geami is a perfect solution to help them reduce/eliminate plastic wrapping,” said Omar Asali, Chairman & Chief Executive Officer of Ranpak. “We are excited to launch the Geami MS Mini solution and provide our customers with a plastic-free protective packaging option that will improve their sustainability performance, enhance the unboxing experience for their customers, and provide the small converter footprint that they may need.”

For additional information about Geami MS Mini™, please visit https://www.ranpak.com/products/geami-ms-mini/.

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 850 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/20230404005163/en/

Investor Inquiries:

Bill Drew

ir@ranpak.com

US Media Inquiries:

Cory Ziskind

ICR 646-277-1232

Cory.Ziskind@icrinc.com

Source: Ranpak Holdings Corp.

FAQ

What is the Geami MS Mini from Ranpak Holdings Corp?

The Geami MS Mini is a sustainable, biodegradable, and recyclable packaging solution designed to replace traditional plastic bubble wrap.

How does Geami MS Mini benefit warehouse packing stations?

Geami MS Mini maximizes space efficiency and offers strong protection with a compact design, catering to the needs of various packing operations.

Why is Ranpak focusing on sustainable packaging solutions?

Ranpak aims to reduce plastic usage and improve environmental performance, responding to increasing consumer demand and potential regulations against plastic packaging.

What impact does the Geami MS Mini have on customer experience?

The product enhances the unboxing experience with its unique honeycomb structure, which can improve customer satisfaction and brand loyalty.

What is the stock symbol for Ranpak Holdings Corp?

The stock symbol for Ranpak Holdings Corp is PACK.