Sonoco Reports Second Quarter 2017 Results

Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today reported financial results for its second quarter, ending July 2, 2017.

Sonoco Declares Regular Quarterly Common Stock Dividend

The Board of Directors of Sonoco (NYSE:SON) today declared a $.39 per share quarterly common stock dividend. The dividend will be paid on September 8, 2017, to shareholders of record as of August 11, 2017.

Sonoco Names Philippe Guillemot to Board of Directors

Sonoco has announced that Philippe Guillemot has been named to its Board of Directors. “With approximately 20 percent of Sonoco’s sales emanating from our consumer and industrial packaging businesses in Europe, we are extremely pleased to add an experienced senior executive to our board who understands the changing European and global markets,” said Harris DeLoach, Sonoco’s executive chairman.

How much is ineffective packaging costing you?

We’ve developed an online tool to examine the real Cost of Damage to your business.

Dole GO Berries!™ with Sonoco containers awarded Best New Packaging

Dole GO Berries!™, which utilizes Sonoco’s packaging, was awarded Best New Packaging as part of the Produce Innovation Awards at United Fresh 2017, an expo dedicated to innovation in produce and fresh foods. The berries are packaged in 3-packs of fun, snack-sized containers that offer snap, rinse and go convenience. The ventilated packaging promotes increased airflow around the berries, aiding cooling and improves freshness, while also making rinsing easy for consumers.

Sonoco to Acquire Clear Lam Packaging, Inc.

Sonoco has signed a definitive agreement to acquire 100 percent of the stock of Clear Lam Packaging, Inc., a family-held developer and manufacturer of flexible and forming plastic packaging films for approximately $170 million in cash. The transaction is subject to normal regulatory review and is expected to close in the third quarter of 2017.

Sonoco IML design wins IMDA Best of Show

Sonoco has been awarded the Best Injection (IML) Package, Gold Award and the Best of Show Award at the eleventh annual IMDA Awards for its Tartex vegan pate containers. The IMDA Awards recognize the industry’s best in-mold labeled (IML) packaging, in-mold decorated (IMD) durable products and labels in multiple categories.

Sonoco Expands Clear Barrier Flexible Packaging Line to Include Liquid Pouches

Sonoco has expanded its popular ClearGuard™ portfolio of flexible packaging to include pouches for liquid or more viscous products. The expanded product line, able to withstand the rigors of the hot fill and retort cooking processes, will be on display at the Global Pouch Forum in Miami starting June 14.

Sonoco Launches PromoPeel™ Integrated Label Technology

Sonoco now offers PromoPeel™ Integrated Label Technology for flexible packaging, which allows brand owners to create an instant redeemable coupon or label as a part of the product packaging - guaranteeing a consistent label position while saving production time and costs. The label lays flat, removes cleanly and eliminates scanning issues at the register.

Sonoco Launches New Portfolio of Clear Barrier Flexible Packaging

Sonoco has launched its ClearGuard™ portfolio of flexible packaging, offering the transparency that builds trust with consumers while providing best-in-class barrier properties for product protection.

Sonoco Issues 2016 Annual Report to Shareholders

Sonoco has released its 2016 Annual Report to Shareholders, which is now available on the Company's website in the Investor Relations section. The report reviews Sonoco's 2016 financial performance and examines the Company's strategy to provide innovative packaging solutions to customers and long-term value creation to shareholders. The Company's Annual Meeting will be held April 19, 2017.

Sonoco Acquires Peninsula Packaging

Sonoco has completed the acquisition of Peninsula Packaging Company, a leading manufacturer of plastic packaging for fresh fruit and vegetables found in the fast-growing perimeter of retail supermarkets. Peninsula’s customer base includes most of the leading household names for fresh fruits and vegetables.

Cascades Sonoco Announces Multi-Million Dollar Investment in Birmingham, Ala., Facility

Cascades Sonoco, a joint venture of Sonoco and Cascades Inc. today announced the investment of approximately $16 million for the expansion of its existing Birmingham, Ala., facility. This investment in world-class water based coating technology will provide coated paper and paperboard substrates using its new FlexShield™, FluteSHIELD® and SurfSHIELD™ coating technology.

Sonoco Announces Quarterly Conference Calls and Webcasts for 2017

Sonoco has announced the schedule for its regular quarterly investor conference calls, which will be held in February, April, July and October 2017.

Sonoco to Invest $20 Million in New Atlanta-area Packaging Center

Sonoco announced it will invest $20 million in the development of a new packaging center to support Duracell’s new North America battery packaging operation.

Sonoco Reports 2017 Financial Guidance and Strategic Priorities

Sonoco (NYSE:SON) President and Chief Executive Officer Jack Sanders and members of the Company’s senior leadership team today provided the investment community in New York with an overview of the Company’s financial guidance and strategic priorities.

Sonoco Recognizes Ohio Facility for Sustainability Progress

Sonoco has awarded a Sonoco Sustainability Star Award to its Alpha facility in Beavercreek, Ohio, for driving landfill reduction through improved waste stream management.

Sonoco Completes Sale of Rigid Plastics Blow Molding Operations to Amcor

Sonoco today announced it has completed the sale of its rigid plastics blow molding operations to Amcor, a global leader of rigid and flexible packaging products, for $280 million.

Sonoco Acquires Plastic Packaging Inc.

Sonoco has acquired Plastic Packaging Inc. (PPI), a privately held Hickory, N.C.-based flexible packaging company. Founded in 1957, PPI specializes in short-run, customized flexible packaging for consumer brands.

Sonoco Invests in New Equipment to Enhance High Performance Film Core Production

Sonoco (NYSE:SON), one of the largest global diversified packaging companies, has made a significant investment in its high performance film core production equipment. The investment will enable Sonoco to provide enhanced quality cores for film markets where constantly increasing quality standards are so incredibly vital to the integrity of the film.

Sonoco ThermoSafe Acquires Laminar Medica Group

Sonoco ThermoSafe, a unit of Sonoco (NYSE: SON) and a leading global provider of temperature-assurance packaging, has acquired the assets and operations of Laminar Medica in the United Kingdom and Czech Republic, from Clinimed (Holdings) Limited, a privately held specialty medical products company based in the U.K.

Sonoco Announces Price Increase for All Uncoated Recycled Paperboard Products

Sonoco (NYSE: SON) announced that it will raise the price for all grades of uncoated recycled paperboard (URB) products by $40 to $60 per ton depending on grade, effective with shipments in the United States and Canada, beginning October 3, 2016.

Sonoco ThermoSafe Enters Active Temperature-Controlled Cargo Containers Market

PharmaPort® containers provide safe, reliable 5°C door-to-door transport of pharmaceuticals and other high-value cargo. Its exclusive Pro-Tectic® regenerative phase change technology uses active cooling and heating to maintain assured product temperature stability through an ambient temperature range of -40°C to +60°C.

Cascades Sonoco Introduces New Water-Based Barrier Coating

Revolutionary new product replaces standard LDPE coated folding carton, plastic and Styrofoam options

Sonoco Recognizes Savannah Recycling Center for Sustainability Progress

Sonoco has awarded a bronze-level Sonoco Sustainability Star Award to its Sonoco Recycling facility in Savannah, Ga., for successful and exemplary efforts to reduce its waste to landfill and implement sustainability-oriented processes.

Sonoco Honored With FPA Gold Award for Daisy Sour Cream Pouch

The Flexibles division of Sonoco has been recognized with a Gold Achievement Award from the Flexible Packaging Association for its high-performance film laminate contributions to the Daisy Sour Cream squeezable pouch, which was developed in collaboration with Daisy Brand, Aptar (dispensing closure & fitment) and Continuum (innovation design).

Clear Plastic Can From Sonoco Offers Alternative to Traditional Metal Cans

Sonoco has introduced its new TruVue™ Can as an innovative alternative to the traditional metal can that has been a mainstay packaging option for more than 200 years. The clear, retortable plastic can has the potential to revolutionize not just the canned food aisle in supermarkets, but an entire food category that has not seen significant innovation in decades and is challenged to meet the demands of a new generation of shoppers.

Starbucks Roasting Plant and Distribution Center earns Gold Sustainability Star Award

Sonoco acknowledged Starbucks' Carson Valley Roasting Plant and Distribution Center with a Gold Sustainability Star Award. The Starbucks Carson Valley Roasting Plant and Distribution Center was recognized for its outstanding efforts in recycling, achieving zero waste to landfill. The plant was further credited for the procedures in place to reduce manufacturing waste beyond this – particularly noting the Waste to Energy program that ensures any remaining waste streams that cannot be recycled are repurposed for energy recovery. As of Jan. 1, 2015, the Starbucks Carson Valley Roasting Plant and Distribution Center is landfill free. Learn more about the Star Awards program.