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Benzinga
Benzinga
Business
Shivani Kumaresan

New Seasons Market Adopts Graphic Packaging's PaperSeal

GPK
  • Graphic Packaging Holding Co's (NYSE:GPK) PaperSeal tray product has been adopted by grocer New Seasons Market.
  • New Seasons Market will replace the plastic clamshells currently used on the grocer's Partner Brand Fresh Pasta, with Graphic's PaperSeal tray.
  • The new PaperSeal tray-packed pasta will appear in stores from April, enabling New Seasons Market to eliminate 120,000 plastic packs from entering waste streams each year.
  • PaperSeal tray product was developed in partnership with tray sealing technology provider G. Mondini.
  • Price Action: GPK shares are trading higher by 0.52% at $20.39 on the last check Wednesday.
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