NEWS Huhtamaki grows in H1 2022
Above: Héaulmé: “We continued delivering a strong performance in the second quarter of 2022”
Finnish packaging giant Huhtamaki grew both sales and profits in the first half of this year. Sales rose 31% to nearly €2.2 billion (US$2.2bn) for the period. At the same time, profitability (adjusted EBIT) rose 28% to around €200m (US$200m). Flexible packaging saw a 43% rise in sales to more than €768m (US$768m). Sales in North America rose by 29% to €712m (US$712m), while its food service business in Europe,
Asia and Oceania (EAO) saw a 23% rise in sales to €543m (US$543m) for the period. However, in terms of
profit (adjusted EBIT), each business unit shrank: food service EAO fell by nearly 6%, flexible packaging by nearly 3% while profits in North America were down by 0.6% for the period. “We continued delivering
a strong performance in the second quarter of 2022, despite volatile market conditions,” said Charles Héaulmé, president and
CEO of Huhtamaki. “We faced strong headwinds created by supply chain constraints, challenges with raw material availability and geopolitical turmoil.” In April, the company began a process to divest its operations in Russia. Huhtamaki’s outlook for 2022 is unchanged, said Héaulmé: “While uncertainty remains high in the global economy, we continue to execute on our long-term growth strategy,” he said. �
www.huhtamaki.com
Constantia buys UK-based FFP Packaging
Constantia Flexibles has signed an agreement to acquire FFP Packaging Solutions, a UK-based flexpack firm. The acquisition gives Constantia its first consumer plant in the UK. “This acquisition aligns well with our
strategy of investing in competitive businesses with potential for future growth,” said Pim Vervaat, CEO of Constantia Flexibles. “FFP joining Constantia will expand our overall market position.”
FFP has more than 100 employees
and operates from its headquarters in Northampton, UK. It was founded in 1967 and specialises in flow wraps, lidding films and pre-made pouches. �
www.cflex.com
Roechling moves Czech plant
Roechling of Germany is relocating a sheet produc- tion plant in the Czech Republic. The facility, in Plana nad
Luznici, is being relocated to nearby Tabor. The company says this will help it to meet growth targets and expand capacity. The plant employs around 100 people and makes extruded sheet. “The move to Tabor will
create the opportunity to expand production and take our employees along,” said Franz Luebbers, CEO of Roechling Industrial. “This will give our customers in Central and Eastern Europe better availability of our
6
Pregis to close US
IMAGE: ROECHLING
Above: Roechling is relocating a sheet production plant in the Czech Republic
product range.” The new facility has 7,000
sq m of production space, around 6,000 sq m of storage space – for delivery at short notice – and an
FILM & SHEET EXTRUSION | September 2022
administration building of more than 1,200 sq m. In future, it will accommodate lecture rooms and meeting rooms. �
www.roechling.com
facility Pregis is to close a US packaging facility in Wurtland, Kentucky later this year, which will result in 80 people losing their jobs. The company said that the closure was made due to “the discontinuation of a key ingredient required to manufacture polypro- pylene foam material – the only product this facility produces”. Pregis is based in
Chicago. �
www.pregis.com
www.filmandsheet.com
IMAGE: HUHTAMAKI
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