STOCK TITAN

Sonoco Expanding Recycling of Iconic Paper Containers in U.S.

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Sonoco (NYSE: SON) is expanding its recycling efforts, diverting approximately 3,300 tons of scrap materials annually from landfills by recycling them into 100% recycled paperboard at its three mills in the U.S. This initiative will equate to about 165 truckloads of materials, enhancing the company’s sustainability profile. The move demonstrates Sonoco's capability to recycle its EnviroCan paper containers through both the steel and paper streams. Sonoco is committed to increasing the volume of recycled packaging by 2025.

Positive
  • Diverting 3,300 tons of scrap materials annually from landfills.
  • Utilizing recycled materials to produce 100% recycled paperboard.
  • Demonstrates commitment to sustainability and responsible material sourcing.
  • Expected to enhance Sonoco’s recycling capabilities and consumer access.
Negative
  • None.

165 Truckloads of Scrap Annually to be Recycled into Paperboard at Sonoco Mills

HARTSVILLE, S.C., June 17, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the most sustainable, global diversified packaging companies, today announced it is expanding recovery and recycling of scrap materials from the production of its iconic EnviroCan™ paper containers in the U.S. to be used as raw material at three of its uncoated recycled paperboard mills to produce new paperboard.

According to Elizabeth Rhue, Sonoco’s staff vice president of Sustainability, 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, Ill., Greenville, Wisc., Jackson, Tenn., and Norwalk, Calif. This material, which is projected to equal approximately 165 truckloads, will be sent to Sonoco paper mills in Menasha, Wisc., Newport, Tenn., and City of Industry, Calif., where it will be used as raw material to produce 100 percent recycled paperboard, with up to 85 percent post-consumer fiber.

“Sonoco is uniquely positioned as a leading recycler, paper mill operator and packaging converter to help deliver end of life solutions across our consumer and industrial packaging platforms. 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. And, we look forward to growing consumer access to increase recycling of our paper cans through post-consumer recycling streams,” said Rhue.

According to Tim Davis, division vice president and general manager of Sonoco’s U.S./Canada paper operations, this collaboration across Sonoco’s U.S. vertically integrated manufacturing network further demonstrates the flexibility the Company has to recycle and process fiber-based packaging through conventional paper mill pulping systems. Sonoco currently is working with the Alliance for Beverage Cartons and the Environment (ACE UK) to recycle its paper containers in the U.K. at its Stainland, paper mill, in West Yorkshire, U.K., to produce 100 percent recycled coreboard.

Rhue concluded, “This is one of many steps Sonoco is taking to further our commitment to responsible material sourcing at our manufacturing operations, while reducing wastes out of our operations and delivering on our 2025 commitment to increase the volume of packaging by weight that is recycled or caused to be recycled through Sonoco’s recycling facilities and paper mills.”

About Sonoco
Founded in 1899, Sonoco (NYSE: SON) is a global provider of consumer, industrial, healthcare and protective packaging. With annualized net sales of approximately $5.2 billion, the Company has 19,000 employees working in approximately 300 operations in 34 countries, serving some of the world’s best known brands in some 85 nations. Sonoco is committed to creating sustainable products, services and programs for our customers, employees and communities that support our corporate purpose of Better Packaging. Better Life. The Company was listed as one of Fortune’s World’s Most Admired Companies for 2021 as well as being included in Barron’s 100 Most Sustainable Companies for the third year in a row. For more information, visit www.sonoco.com.


 


FAQ

What is Sonoco's recent recycling initiative?

Sonoco is recycling approximately 3,300 tons of scrap materials annually into 100% recycled paperboard, diverting this from landfills.

How many truckloads of materials will Sonoco recycle?

Sonoco's initiative is projected to equal approximately 165 truckloads of scrap materials.

What is the goal for Sonoco's recycling efforts by 2025?

Sonoco aims to increase the volume of packaging recycled or caused to be recycled through its facilities by 2025.

Which products are included in Sonoco's recycling efforts?

The recycling efforts include scrap materials from the production of Sonoco's EnviroCan paper containers.

Where are Sonoco's recycling mills located?

Sonoco's recycling mills are located in Menasha, Wisconsin; Newport, Tennessee; and the City of Industry, California.

Sonoco Products Company

NYSE:SON

SON Rankings

SON Latest News

SON Stock Data

4.91B
97.60M
0.62%
80.93%
1.47%
Packaging & Containers
Paperboard Containers & Boxes
Link
United States of America
HARTSVILLE