Displaying items by tag: SonocoAlcore

Sonoco-Alcore S.a.r.l, a wholly owned subsidiary of Sonoco (NYSE: SON), one of the largest diversified global packaging companies, will exhibit a number of new products at the PacTec Exhibition, September 21-24, 2010. Held at the Helsinki Exhibition & Convention Centre, PacTec is one of the largest packaging industry trade shows within the Baltic Sea Region, and is held every three years. Sonoco-Alcore will showcase its new products in various segments including paper, film, textiles and specialty.

Leading Innovation

Among the new products that will be featured are Intellicore(TM) radio frequency identification (RFID) enabled paper cores for roll tracking in the paper industry; Dricore(TM) rain-resistant paperboard cores for the agricultural industry; and FirmaLoad(R) carriers, environmentally responsible paperboard pallets for transporting bulk bags.

Within the agricultural film segment, Sonoco-Alcore has worked closely with silage film producers to develop the DriCore paperboard core, a recyclable high- performance, water-resistant core. Its water-resistant properties allow it to be stored outside for up to 20 days without sacrificing core strength or stability. A live demonstration of the DriCore product within a "rain simulator" will be used to showcase its rain-resistant properties at the exhibition.

Also on display will be the industry-changing Intellicore paper roll, which utilizes RFID technology to enable automatic paper roll inventory tracking for paper manufacturers from initial production all the way through to consumption. The Intellicore technology can also be utilised in the high-end film and textiles industries. Most importantly, it allows manufacturers to monitor and streamline production in real time, minimizes buffer stocks and working capital, and ensures accurate order fulfillment.

The Firmaload carrier is an environmentally friendly paperboard product that is used in the FIBC industry as a more efficient and effective means of transporting big bags. The FirmaLoad carrier saves on cost, space and freight versus wooden pallets. More information about Sonoco's range of pallet products can be found at www.sonocotranspack.com.

A number of other key products will be exhibited at PacTec during the three-day exhibition, including the M-Core(TM) core, a high-performance paper mill core for the printing industry, the Printex(R) core for the textile industry and a range of products for all served industries.

To find out more about the products exhibited at PacTec, visit booth 6 e 5 or contact This email address is being protected from spambots. You need JavaScript enabled to view it..

About Sonoco

Sonoco, founded in 1899, is a global manufacturer of consumer and industrial packaging and provider of packaging services, with more than 300 operations in 35 countries, serving customers in some 85 nations. Sonoco is a proud member of the Dow Jones Sustainability World Index. For more information on Sonoco, visit www.sonoco.com.

The Board of Directors of Sonoco (NYSE: SON) today declared a $.28 per share quarterly common stock dividend. The dividend will be payable on September 10, 2010, to shareholders of record as of August 20, 2010.

According to Harris E. DeLoach Jr., chairman, president and chief executive officer, this is the 341st consecutive quarter, dating back to 1925, that the Company has paid cash dividends to shareholders.

About Sonoco

Founded in 1899, Sonoco is a $3.6 billion global manufacturer of industrial and consumer products and provider of packaging services, with more than 300 operations in 35 countries, serving customers in some 85 nations. Sonoco is a proud member of the Dow Jones Sustainability World Index. For more information on the Company, visit our Web site at www.sonoco.com.

SOURCE: Sonoco

Sonoco, one of the largest diversified global packaging companies, will speak to the investment community on Monday, June 14, 2010, at the Wells Fargo Securities 2010 Industrials Conference to be held at The Waldorf Astoria Hotel in New York City.

Harris E. DeLoach, Jr., chairman, president and chief executive officer, and Charles J. Hupfer, senior vice president and chief financial officer, are scheduled to speak at 11:45 a.m. Eastern Time. The audio presentation will be Webcast and can be accessed via the Internet at http://www.sonoco.com, under the "Latest News" section.

About Sonoco

Sonoco, founded in 1899, is a $3.6 billion global manufacturer of consumer and industrial packaging products and provider of packaging services, with more than 300 operations in 35 countries serving customers in some 85 nations. The Company is a proud member of the Dow Jones Sustainability World Index. For more information on Sonoco, visit our Web site at http://www.sonoco.com.

SOURCE: Sonoco

Sonoco
Roger Schrum, 843-339-6018
This email address is being protected from spambots. You need JavaScript enabled to view it.

Sonoco-Alcore S.a.r.l. will invest approximately $4 million in its uncoated recycled paperboard (URB) mills in Italy and Greece to improve product range, energy efficiency and overall cost competitiveness. The projects will be completed in the third quarter of 2010.

"Our Cirie (TO), Italy, mill will have a dryer section rebuilt, and a new hood and advanced steam system installed this summer. In addition, an automated slitting system will be installed on the mill's rewinder," said Dino Kiriakopoulos, director of Sonoco-Alcore's Paper and Recycling division. "As a result of this investment, we will see improved product output, especially on our high-strength coreboard. We will also reduce our energy costs and improve machine runability. Further investment in energy reduction and environmental control projects are anticipated at this mill later in 2010."

Kiriakopoulos said that Sonoco-Alcore will be making additional investments at its Kilkis, Greece, paperboard mill later this summer. "At Kilkis, we will be replacing a pulper and rebuilding a dryer section. We have been sold out at Kilkis since the mill started up nine years ago, and these investments will allow us to serve the southeast Mediterranean region with the required supply of mid- and high-grade coreboard."

Kilkis, located some 50km north of Thessaloniki, is the only mill in the region that can produce high-grade coreboard for the high-end industrial carrier markets. "This upgrade will provide our integrated customers with a secure supply of high-grade coreboard in this growing region of Europe as well as the Middle East," he said.

About Sonoco-Alcore

Sonoco-Alcore S.a.r.l, a subsidiary of Hartsville, S.C., U.S.,-based Sonoco (NYSE: SON), has the capacity to produce of approximately 400,000 tonnes of coreboard and other URB products from its six mills, serving its 30 tube and core plants and independent converters throughout Europe, the Middle East and Africa.

SOURCE: Sonoco

Sonoco
Roger Schrum, 843-339-6018
This email address is being protected from spambots. You need JavaScript enabled to view it.