![]() employees – 2.3 times the pulp and paper industry benchmark (per the U.S. 30 percent ethnic diversity among U.S.Diverted 1.1 million metric tons of waste from landfill, 85 percent of which was recovered paper waste that was recycled.Achieved climate intensity goals three years early, paving way to setting science-based climate targets to reduce greenhouse gas emissions.Highlights from the 2022 Graphic Packaging ESG report include: In addition to helping them meet their sustainability goals, we help shape how they think about packaging their products for the future." "We enable our customers - the world's leading household brands - to shift toward more recyclable packaging. "We work relentlessly to develop resource-efficient and easily recyclable packaging solutions that use natural resources responsibly," said President and CEO Michael P. Nearly 65 percent of its energy is derived from renewable sources. Most of the company's packaging today is designed to be recyclable, promoting a circular economy. Packaging solutions from the 27-country operation are made primarily with fibers from sustainably sourced trees or recycled materials. Additional information regarding these and other risks is contained in the Company’s periodic filings with the SEC.Graphic Packaging is aggressively pursuing a future fueled by renewable resources. Undue reliance should not be placed on such forward-looking statements, as such statements speak only as of the date on which they are made and the Company undertakes no obligation to update such statements, except as required by law. These risks and uncertainties include, but are not limited to, inflation of and volatility in raw material and energy costs, continuing pressure for lower cost products, the Company’s ability to implement its business strategies, including productivity initiatives, cost reduction plans, and integration activities, as well as the Company’s debt level, currency movements and other risks of conducting business internationally, the impact of regulatory and litigation matters, including the continued availability of the Company’s net operating loss offset to taxable income. Such statements are based on currently available information and are subject to various risks and uncertainties that could cause actual results to differ materially from the Company’s present expectations. Additional information about Graphic Packaging, its business and its products is available on the Company’s web site at Forward Looking StatementsĪny statements of the Company’s expectations in this press release constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. The Company’s customers include many of the world’s most widely recognized companies and brands. The Company operates on a global basis, is one of the largest producers of folding cartons and paper-based foodservice products in the United States, and holds leading market positions in coated recycled paperboard, coated unbleached kraft paperboard and solid bleached sulfate paperboard. The Company is a leading provider of paper-based packaging solutions for a wide variety of products to food, beverage, foodservice, and other consumer products companies. Graphic Packaging Holding Company (NYSE: GPK), headquartered in Atlanta, Georgia, is committed to providing consumer packaging that makes a world of difference. The investment will be funded from cash flow and existing credit facilities with most of the spending occurring in 20. The Company expects the investment will be capacity neutral by eliminating higher cost production at other facilities and will deliver an incremental $100 million in annualized EBITDA upon full ramp up in 2022. ![]() Upon completion of the project, the Company believes the CRB machine will produce the highest quality coated recycled board product in North America with the lowest-caliper capabilities in the industry. The CRB machine is designed to be the largest and lowest cost producer of CRB in North America. The Company will invest $600 million in the project, and the machine is expected to have an annual capacity of approximately 500,000 tons. ATLANTA, September, 24, 2019 – Graphic Packaging Holding Company (NYSE: GPK), (the “Company”), a leading provider of packaging solutions to food, beverage, foodservice, and other consumer products companies, today announced that its Kalamazoo, Michigan mill will be the location for the new coated recycled board (CRB) machine.
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