Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking. 
Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
HARTSVILLE, S.C., Jan. 26, 2016 -- Sonoco (NYSE:SON), one of the largest global diversified packaging companies, has been recognized with a 2016 PAC Global Leadership GOLD Award for Packaging Innovation for its flexible squeeze pouch developed for Daisy® brand sour cream.
The innovative 14-oz. Daisy Squeeze package is an inverted, wedge-shaped pouch with a flip-top dispensing closure featuring a silicone dispensing valve and a tamper-evident pull ring. It provides an easy-to-use, easy-to-dispense, mess-free, recloseable package. The proprietary pouch design was introduced in February 2015 and is currently available nationwide. Daisy and Sonoco worked with partners Aptar for the closure and Continuum Innovation for the design and development.
“This award for innovation was a result of collaboration,” said Pete Gioldasis, director of marketing, Sonoco. “By leveraging insights into how consumers use sour cream as both a topping and an ingredient for cooking, along with expertise in materials, lamination processes, dispensing fitments, market research and design, the team was able to deliver a new package that not only protects the high quality of the contents, but also solves multiple functional consumer challenges and differentiates the brand on the shelf, while meeting production efficiency requirements, and being easy to merchandise alongside current packaging in a variety of store formats.”
The Packaging Consortium’s PAC Global Leadership Awards give industry-based, peer recognition for excellence in all formats of packaging, in branding and graphic design, in technical aspects and in sustainability. The PAC Packaging Competition is the longest running competition in North America, and showcases leadership in new brand packages, brand revitalization and packaging innovation.
About Sonoco
Founded in 1899, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $5.0 billion, the Company has 20,800 employees working in more than 330 operations in 34 countries, serving some of the world’s best known brands in some 85 nations. Sonoco is a proud member of the 2015/2016 Dow Jones Sustainability World Index. For more information on the Company, visit our website at www.sonoco.com.
Contact: Hilary Culbertson +843/383-7859 [email protected]
