Sustainability Initiatives, Leadership Moves, and Favorable Market Conditions Strengthen Packaging Companies - Research Report on International Paper, Sealed Air, Ball, Domtar, and Greif
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NEW YORK, June 14, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting International Paper Company (NYSE: IP), Sealed Air Corp. (NYSE: SEE), Ball Corporation (NYSE: BLL), Domtar Corporation (NYSE: UFS), and Greif, Inc. (NYSE: GEF). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
International Paper Company Research Report
On May 21, 2013, International Paper Company (IP) announced that Maximo Pacheco, the current Senior Vice President, President, IP EMEA, will retire from the Company and the Board of Directors of ILIM Group, a 50:50 joint venture in Russia, with effect from September 30, 2013. To replace Mr. Pacheco, the Company's board elected Jean-Michel Ribieras as the Senior Vice President, President, IP EMEA. In addition, Glenn Landau was named President, IP Latin America and Vice President, IP, effective June 1, 2013. Furthermore, Jay Royalty was named Vice President, Investor Relations, also effective June 1, 2013. The Full Research Report on International Paper Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/97a1_IP]
Sealed Air Corp. Research Report
On June 5, 2013, Sealed Air Corp. (Sealed Air) joined the efforts of World Environment Day (WED) to increase awareness and to encourage action to eliminate food waste. The Company stated that this annual, one-day awareness initiative aims at being the biggest and most widely celebrated global day for positive environmental action. According to the United Nations Environment Programme, 1.3 billion tons of food is wasted each year. The 2013 theme for WED, Think.Eat.Save., therefore focuses on anti-food waste and food loss campaigns that encourage reducing the foodprint throughout the world. Through its SmartLife initiative, Sealed Air has focused its R&D efforts on solutions that eliminate waste throughout the entire value chain. "World Environment Day provides the platform to highlight our continued commitment and expertise across the supply chain to help our industry partners enhance their overall sustainability. Sealed Air continues its mission to provide sustainable solutions for some of today's biggest global issues to ultimately create a better way for life," said Dr. Ronald Cotterman, Vice President of Sustainability at Sealed Air Corporation. The Full Research Report on Sealed Air Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/575b_SEE]
Ball Corporation Research Report
On June 4, 2013, Ball Corporation (Ball) announced that Upslope Brewing Company (Upslope) has partnered with Ball to offer Upslope's new, bold flavored Imperial India Pale Ale (IPA) in Ball's Royal Pint (568-mL or 19.2-oz.) aluminum can. Robert M. Miles, Senior Vice President, Sales for Ball's Metal Beverage Packaging Division, Americas, said, "Distinctive packaging is an essential brand building tool, and the 568-mL can offers our North American customers a way to differentiate their brands. Innovative craft brewers like Upslope also recognize the can's ability to block out light and oxygen, ensuring their beer is better tasting and fresher when their consumers experience it." The Full Research Report on Ball Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ae1e_BLL]
Domtar Corporation Research Report
On June 4, 2013, Domtar Corporation (Domtar) announced its partnership with PrintEco, a business whose free personal use software optimizes paper use for today's most popular applications. Seamlessly integrated with Microsoft Office, Internet Explorer, Firefox and Google Chrome, PrintEco allows users to easily practice responsible paper usage while also saving time and money. As part of the agreement, Domtar will be the exclusive paper company sponsor of the PrintEco's flagship product, which led to PrintEco being named as one of Entrepreneur Magazine's 100 Brilliant Companies. Incorporated into the program, Domtar EarthChoice messaging allows PrintEco users to know how their responsible choices made throughout the fiber lifecycle can lead to a more sustainable world. The Full Research Report on Domtar Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/94c6_UFS]
Greif, Inc. Research Report
On June 5, 2013, Greif, Inc. (Greif) announced results for Q2 FY 2013 (period ended April 30, 2013). Net sales were $1,088.9 million compared with $1,098.2 million for Q2 FY 2012. According to the Company, modestly higher sales volumes were offset by lower selling prices and the negative impact of foreign currency translation. Net income was $40.9 million or $0.70 per diluted share, up from net income of $39.4 million or $0.67 per diluted share in Q2 FY 2012. Commenting on the results, David B. Fischer, President and Chief Executive Officer of Greif, said, "Overall volumes were modestly higher compared with the same period last year while material costs and restructuring charges were both lower, which contributed to an increase in our consolidated results for the second quarter of 2013. Volume trends in our rigid industrial packaging business continue to vary by region. Our paper packaging business achieved record performance for the quarter." In the second half of 2013, Greif anticipates modest sales growth benefiting from the agricultural sector, stable raw material costs across the Company's business portfolio, and continuation of favorable market conditions in its Paper Packaging business. The Full Research Report on Greif, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/e017_GEF]
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