25.09.2007 12:30:00
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Sonoco's Global Recovered Paper Division Renamed Sonoco Recycling
Sonoco (NYSE: SON), one of the largest diversified global packaging
companies, has renamed its global recovered paper operations as Sonoco
Recycling, and repositioned the business unit to combine the Company’s
long-established recycling capabilities with new market-driven
environmentally sustainable services such as waste management
consulting, it was announced by Jack Sanders, senior vice president of
Sonoco.
"As one of the largest recyclers in the
packaging industry, Sonoco has extensive materials recovery experience,
and we are constantly developing new, cost-effective sustainable
packaging solutions and services for our customers,”
said Sanders. "The fact is, Sonoco’s
recycling capabilities have grown far beyond collecting paper to meet
our internal raw material needs. Today, Sonoco Recycling has the
resources and expertise needed to meet the changing needs of our
customers as they are looking for more environmentally sustainable
services.”
Sonoco annually collects about 3.5 million tons of recyclable materials.
Collections are expanding to include not only old corrugated containers
and other paper, but also plastic, metal, glass and other recyclable
materials. Sonoco Recycling collects and processes recyclable materials
through 46 locations in North America and Europe, operates a fleet of
trucks with 1,300 trailers and has a team of recycling professionals,
many who are experts in waste management and manufacturing process
improvement.
Sonoco Recycling will continue to use and develop state-of-the-art
technology to recover, process and sell recycled materials. Last year,
Sonoco began operating a fully automated, state-of-the-art materials
recovery facility (MRF) that recycles curbside-collected and dual-stream
residential and commercial waste materials from the Raleigh and Wake
County, N.C., areas. The 45,000 square foot recycling facility uses a
computer-automated reclamation processing system. Sonoco Recycling
operates a similar facility in Columbia, S.C.
Myles Cohen, division vice president and general manager, Sonoco
Recycling, said the Company also has the unique ability to share its
recycling expertise with other manufacturers, distribution centers,
retailers and other businesses looking to enhance their environmentally
sustainable business practices.
"Recycling is a business that Sonoco has
always done well,” Cohen said. "However,
today there are many new elements to the business of Sonoco Recycling.
With our extensive experience and scope of operations, we are well
positioned to reach our ultimate goal, which is to eliminate landfill
wastes for the Company and its customers.”
Sonoco Chairman, President and CEO Harris E. DeLoach, Jr., will discuss
Sonoco Recycling and the Business of Sustainable Packaging Leadership in
a Keynote Presentation at the Third Annual Sustainable Packaging Forum
in Pittsburgh, Pa., Wednesday, September 26. Myles Cohen, division vice
president and general manager, Sonoco Recycling, will also speak at the
Forum about Best Practices in Recycling and Sustainable Operations
on Thursday, September 27.
About Sonoco
Sonoco, founded in 1899, is a global manufacturer of industrial and
consumer products and provider of packaging services, with more than 325
operations in 35 countries serving customers in 85 nations. Additional
information about Sonoco is available at http://www.sonoco.com.
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Sonoco Products Co. | 49,60 | 1,64% |
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S&P 400 MidCap | 1 854,40 | -0,45% |