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Recognition Underscores Ranpak’s Work to Provide Sustainable Packaging Solutions Across Supply Chains
CONCORD TOWNSHIP, Ohio, October 01, 2024--(BUSINESS WIRE)--Ranpak Holdings Corp. ("Ranpak") (NYSE: PACK), a global leader in environmentally conscious, paper-based packaging solutions, announced today its recent wins at the 2024 Packaging Gateway Excellence Awards, one of the largest, most widely recognized programs throughout the industry. Ranpak received honors in three categories: Innovation, Product Launches and Environmental, highlighting the company’s tandem commitment to advancing packaging technology and environmental stewardship.
"It’s with tremendous excitement that we proudly receive three awards at this year’s Packaging Gateway Excellence Awards," said Omar Asali, Chairman and Chief Executive Officer of Ranpak. "At Ranpak, we are deeply invested in providing customers with the highest quality sustainable protective packaging and automation solutions, and these awards are concrete evidence that our strides to meet this goal have not gone unnoticed. Our work at Ranpak is a testament to the fact that the future of packaging is not incompatible with our collective desire to make greener choices."
Powered by the business intelligence of GlobalData, the Packaging Gateway Excellence Awards is an independent recognition program informed by over 1 billion datasets analyzed annually to recognize, endorse and rank top-tier companies and their achievements spanning over 200 counties.
Ranpak secured its wins due, in part, to its innovative products, including:
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The Cut’it!™ EVO Multi-Lid system won in the Innovation — Packaging Machinery category. The solution revolutionizes end-of-line packaging by reducing package void and offering customizable, branded lids for various brands on a single line. The Cut’it!™ EVO Multi-Lid system also supports enhanced packaging efficiency and quality while aligning with forthcoming regulations like the European Packaging Directive, requiring a 50% void cap in packaging by 2030.
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The naturemailer™ padded mailer system was awarded in the Product Launches — Paper Packaging category. A fully curbside recyclable mailer launched on Earth Day in recognition of the "Planet vs. Plastics" theme, the unique honeycomb paper insulation offers a greener alternative to the standard plastic mailer and promotes greater circularity in packaging.
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Ranpak’s climaliner plus™ cold chain liner solution — a 100% paper-based recyclable liner replacement for EPS foam and other less sustainable cold chain options — won in the Environmental category for Sustainable Packaging.