Packaging

Trinseo Announces Quarterly Dividend of $0.01 Per Share

Retrieved on: 
Thursday, February 22, 2024

Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.01 per share. The dividend will be a cash distribution payable on April 18, 2024 to shareholders of record as of the close of business on April 4, 2024.

Key Points: 

Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.01 per share. The dividend will be a cash distribution payable on April 18, 2024 to shareholders of record as of the close of business on April 4, 2024.

PPG ranked as leading paints and coatings manufacturer in 2024 Corporate Knights Clean200 list

Retrieved on: 
Wednesday, February 21, 2024

PPG (NYSE:PPG) today announced that it was named to the 2024 Corporate Knights Clean200 list as the leading paints, coatings and specialty materials manufacturer.

Key Points: 
  • PPG (NYSE:PPG) today announced that it was named to the 2024 Corporate Knights Clean200 list as the leading paints, coatings and specialty materials manufacturer.
  • The company earned the top spot by having a strong percent of 2022 sales from sustainable products, as defined by Corporate Knights.
  • The Clean200 list ranks the 200 publicly traded companies that have the most sustainable total revenue, earning a minimum of 10% from sustainable sources.
  • 161 overall on the list in sustainable revenue, reporting 19% of sales from products with third party sustainability certifications in 2022.

Sylvamo Chief Financial Officer to Participate in Fireside Chat, Host Meetings During BofA’s 2024 Global Agriculture and Materials Conference

Retrieved on: 
Wednesday, February 21, 2024

Sylvamo (NYSE: SLVM), the world’s paper company, will participate in a fireside chat and host individual meetings Wednesday, Feb. 28, during the BofA Securities 2024 Global Agriculture and Materials Conference in Fort Lauderdale, Florida.

Key Points: 
  • Sylvamo (NYSE: SLVM), the world’s paper company, will participate in a fireside chat and host individual meetings Wednesday, Feb. 28, during the BofA Securities 2024 Global Agriculture and Materials Conference in Fort Lauderdale, Florida.
  • John Sims, senior vice president and chief financial officer, and other company leaders will discuss a brief presentation.
  • The fireside chat will begin 1:20 p.m. EST and will be streamed online.
  • The presentation will be available at investors.sylvamo.com before the conference begins.

Mativ Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024

Mativ Holdings, Inc. ("Mativ" or the "Company") (NYSE: MATV) reported earnings results for the three months and year ended December 31, 2023.

Key Points: 
  • Mativ Holdings, Inc. ("Mativ" or the "Company") (NYSE: MATV) reported earnings results for the three months and year ended December 31, 2023.
  • Financial results for periods prior to the Merger reflect only the continuing operations of legacy SWM results.
  • On November 30, 2023, Mativ closed the sale of its Engineered Papers business (the "EP Divestiture"), which is now presented as discontinued operations.
  • "Throughout these headwinds in 2023, we focused on what we could control and continued to make the right long-term decisions.

OSARO Debuts AI-Powered Robotics for Mixed-Case Depalletization

Retrieved on: 
Wednesday, February 21, 2024

OSARO ®, a global leader in machine-learning-enabled robotics for e-commerce, has launched the OSARO® Robotic Depalletization System .

Key Points: 
  • OSARO ®, a global leader in machine-learning-enabled robotics for e-commerce, has launched the OSARO® Robotic Depalletization System .
  • The OSARO Robotic Depalletization System is available immediately for unloading of mixed-case pallets in 3PL operations, distribution centers, and e-commerce fulfillment warehouses.
  • “Our robotic depalletization system can safely unload these pallets and deliver up to 40 percent cost savings when compared to manual labor.
  • Overall, depalletization is the function on which the greatest amount of human labor is expended in the warehouse and at the highest risk for injury.

Premier Packaging Becomes Woman-Owned Business Enterprise

Retrieved on: 
Wednesday, February 21, 2024

Premier Packaging is proud to announce it has completed a major prerequisite that will qualify the company to seek official Women Business Enterprise (WBE) certification.

Key Points: 
  • Premier Packaging is proud to announce it has completed a major prerequisite that will qualify the company to seek official Women Business Enterprise (WBE) certification.
  • View the full release here: https://www.businesswire.com/news/home/20240221179747/en/
    Jill and John Gaynor, owners of Premier Packaging, are excited to announce they have completed a major prerequisite that will qualify the company to seek official Women Business Enterprise (WBE) certification.
  • (Photo: Business Wire)
    As Jill Gaynor—the current Chief Marketing Officer—assumes her new duties, current Premier owner and CEO John Gaynor will transition to President of the company.
  • “As a female-owned and -managed business, Premier will now have minority-owned status that will open new business opportunities for us,” said Jill Gaynor.

Ingevity reports fourth quarter and full year 2023 financial results

Retrieved on: 
Wednesday, February 21, 2024

Ingevity Corporation (NYSE: NGVT) today reported its financial results for the fourth quarter and full year 2023.

Key Points: 
  • Ingevity Corporation (NYSE: NGVT) today reported its financial results for the fourth quarter and full year 2023.
  • Diluted adjusted EPS in Q4 was $0.21 compared to diluted adjusted EPS of $0.57 in the prior year quarter.
  • Use of non-GAAP financial measures: This press release includes certain non‐GAAP financial measures intended to supplement, not substitute for, comparable GAAP measures.
  • Reconciliations of non‐GAAP financial measures to GAAP financial measures are provided within the Appendix to this presentation.

Revvity to Present at Upcoming Investor Conferences

Retrieved on: 
Wednesday, February 21, 2024

Attendees will receive an update on the Company and its strategic priorities.

Key Points: 
  • Attendees will receive an update on the Company and its strategic priorities.
  • Live audio webcasts will be available on the Events section of the Company’s website.
  • Replays of the presentations will be posted on the Revvity Investor Relations website after the events and will be available for at least 30 days.

Elemental Rebrand Reflects Future of Growing Nanomaterials Company

Retrieved on: 
Tuesday, February 20, 2024

Elemental Advanced Materials recently updated its company name and website to reflect the future direction of the firm.

Key Points: 
  • Elemental Advanced Materials recently updated its company name and website to reflect the future direction of the firm.
  • The Houston-based company produces high-purity graphene and hydrogen from mixed and contaminated plastics, hydrocarbon gases, and other organics.
  • "The key to unlocking graphene’s true potential is to produce it at scale," said David Hudson, CEO of Elemental.
  • "We are excited to rebrand as an advanced materials company as opposed to a recycling company.