Core Viewpoint - Crown Holdings, Inc. has received validation from the Science Based Targets initiative (SBTi) for its updated near-term and new net-zero targets, aiming for net-zero greenhouse gas emissions across its value chain by 2050 [1][2]. Group 1: Sustainability Goals - The company aims to reduce its Scope 1 and 2 greenhouse gas emissions by 50% and Scope 3 emissions by 27.5% by 2030, using 2019 as the baseline [2]. - Crown Holdings is one of approximately 1,000 organizations that have set net-zero targets, highlighting its commitment to sustainability [2]. Group 2: Corporate Commitment - The Chairman, President, and CEO of Crown Holdings emphasized the company's unique position to contribute to industry sustainability through emissions reduction and the provision of recyclable products [3]. - The validation from SBTi reinforces the company's commitment to measurable progress in its sustainability initiatives, particularly the Twentyby30 program launched in 2020 [3][4]. Group 3: Collaboration and Progress - The Vice President of Global Sustainability & External Affairs stated that achieving SBTi validation is a critical step in driving emissions reductions across the value chain and collaborating with suppliers, customers, and stakeholders [4]. - Crown Holdings has made significant progress through its Twentyby30 sustainability program, which reflects its strong climate commitment [4].

Financial Data and Key Metrics Changes - The company announced a reduction in manufacturing output estimates by approximately 50-15% for 2026 and 2027 compared to prior estimates due to delays in cap former factory acceptance testing [19] - Updated revenue guidance for 2026 is now $20 million to $30 million, and for 2027, it is $100 million to $200 million, down from previous estimates of $50 million to $70 million and $150 million to $210 million respectively [20] - The company ended the quarter with $69 million in cash, cash equivalents, and marketable securities, alongside a net accounts receivable balance of $17.9 million [20][21] Business Line Data and Key Metrics Changes - The first Origin PET bottle caps are now on store shelves, marking a significant milestone for the company and the packaging industry [6] - The company is focusing on five large functional segments within the $65 billion caps and closures market, including water, carbonated soft drinks, other beverage applications, food and pharmaceutical, and other non-beverage segments [10] Market Data and Key Metrics Changes - The company is targeting a $7 billion segment for non-carbonated water caps and a $6 billion segment for carbonated soft drinks [10] - The packaging industry is described as highly commoditized and competitive, with a noted lack of innovation [9] Company Strategy and Development Direction - The company is conducting a strategic review with RBC Capital Markets to identify strategies that can enhance access to manufacturing capacity and strategic capital [10] - A refinement of the go-to-market strategy has been initiated to prioritize high-value opportunities within the caps and closures market [10] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the impact of tariffs on production costs and the need for strategic partnerships to mitigate these challenges [18] - The company remains optimistic about its growth potential, citing strong interest in its products and ongoing customer relationships [42] Other Important Information - The company has established a partnership with Berlin Packaging, which will help extend market reach for its PET caps [12] - The company is expanding its manufacturing capacity in Europe to respond to tariff pressures and enhance production capabilities [15] Q&A Session All Questions and Answers Question: Where can investors buy the product to support it? - The product is available on shelves with a small brand, Power Hydration, located in California [27] Question: Who are the closest competitors and how does Origin compare? - The company's technology is differentiated from existing PET cap production methods, allowing for better unit economics and material properties [29][30] Question: What is the status of the NASDAQ listing? - The company is currently in a grace period to meet the minimum stock price requirement and is optimistic about regaining compliance [36][39] Question: What should investors be excited about for the future? - The company is excited about the market introduction of its PET bottle caps and ongoing customer announcements, alongside strategic growth opportunities [41][43]

Group 1 - International Paper will release its second-quarter earnings on July 31, 2025, before the opening of the New York Stock Exchange [1] - A webcast to discuss earnings and current market conditions will begin at 10 a.m. ET [1] - Participants can join the webcast via teleconference or listen online, with a replay available for ninety days [2] Group 2 - International Paper is a global leader in sustainable packaging solutions, headquartered in Memphis, Tennessee, with operations in over 30 countries [3] - The company employed more than 65,000 team members and reported net sales of $18.6 billion for 2024 [3] - In 2025, International Paper acquired DS Smith, enhancing its position in the North American and EMEA regions [3]

Core Viewpoint - International Paper is consolidating its operations in the Rio Grande Valley to enhance customer service and maintain a competitive cost structure, which is part of its strategic growth initiative [1][2]. Group 1: Operational Changes - The company will convert its Edinburg, Texas sheet plant into a warehouse and invest in its McAllen, Texas facility to increase capabilities [1]. - Operations in Reynosa, Mexico will be shifted to a new, modern facility currently under construction, while the box and sheet plants in Edinburg will be closed [1][2]. Group 2: Employee Impact - The company aims to minimize the impact on affected employees through natural attrition, retirements, and open positions at other facilities, including McAllen [3]. Group 3: Company Overview - International Paper is a global leader in sustainable packaging solutions, headquartered in Memphis, Tennessee, with over 65,000 employees and operations in more than 30 countries [4]. - The company reported net sales of $18.6 billion for 2024 and acquired DS Smith in 2025, strengthening its position in the North American and EMEA regions [4].

Core Points - Amcor has extended the application period for its Amcor Lift-Off Sprints challenge, which supports innovative companies providing compostable or recyclable barrier coatings solutions [1][4] - The initiative aims to foster technical collaborations with start-ups and innovators to address specific R&D challenges, offering successful applicants funding of up to $500,000 [3][4] - The application deadline is set for April 13, 2025, with key dates including shortlisting on April 25, 2025, and Final Pitch Day on May 12, 2025 [8] Company Overview - Amcor is a global leader in responsible packaging solutions, generating $13.6 billion in annual sales in fiscal year 2024, with operations in 212 locations across 40 countries [7] - The company focuses on creating packaging that is recyclable, reusable, and made with increasing amounts of recycled content, serving various sectors including food, beverage, and pharmaceuticals [7]