Press releases

SIG today announces the appointment of Fabio Grazioli to the Group Executive Board as Chief Supply Chain Officer (“CSO”) effective 15 November 2024. Fabio joins from Haier Group, the global market leader in home appliances and consumer electronics, where he most recently served as Vice President Supply Chain, Procurement, E2E Cost Leadership and CTO - EMEA.

SIG, Sambu Group and YBDA inaugurated an eco building located in Pulau Burung, Riau, where one of Sambu Group’s plantations, PT Riau Sakti United Plantations (RSUP), is located. The eco building was built using building blocks made of recycled plastic. This initiative is a reflection of SIG, Sambu Group and YBDA commitment to fostering sustainable development and making a positive impact on local communities.

In partnership with WWF Switzerland and WWF Malaysia, SIG has launched a three and half-year forest landscape project in Malaysia’s Ulu Muda Forest Complex through WWF’s Forests Forward program. The project aims to improve the management of more than 170,000 hectares and pilot the restoration of 25 hectares.

Alesayi Beverage Corporation, a leading beverage manufacturer in Saudi Arabia since 1959 with 60% market share in the energy drinks’ category, is partnering with SIG to expand its product and packaging portfolio. Using a state-of-the-art SIG SureFill 42 Aseptic BIB filling system, Alesayi will launch exciting new products in hotels, restaurants and cafes (HoReCa).

SIG has taken a step towards reducing waste by successfully developing pallets for use in industrial transportation made from pre-consumer aseptic carton packaging waste mixed with virgin plastics. This is a pilot program led by SIG’s packaging plant in Rayong, Thailand, in collaboration with Advanced Mat, an engineering materials researcher. SIG has started using the pallets as part of its warehousing operations in Thailand.

H1 2024 results • Q2 2024 revenue growth, at constant currency, +5.7% (constant currency and constant resin(1) +5.4%), following 0% growth in Q1 2024 • HY 2024 revenue growth, at constant currency, +3.0% (constant currency and constant resin(1) +2.9%) • Q2 2024 adjusted EBITDA margin 25.1% (Q2 2023: 25.7%); +360 bps vs. Q1 2024 • HY 2024 adjusted EBITDA margin 23.5%; (HY 2023: 24.9%) • 2024 guidance updated: - revenue growth(2) of around 4%, +/-50 bps (previously at low end of 4-6%) - adjusted EBITDA margin at lower end of 24 to 25% range (previously lower half of 25-26% range) • Mid-term guidance confirmed: revenue growth(2) in the upper half of 4-6% range, adjusted EBITDA margin above 27%, net capex 7-9% of revenue

SIG, a global leader in food and beverage packaging solutions, has introduced a recycle-ready bag for water, developed and manufactured in Australia. This innovation marks a significant sustainability milestone for the water industry. The current structure, which contains aluminum will be replaced by SIG Terra RecShield, a uniquely formulated material structure with a polymer composition. This means that all components of the bag-in-box packaging are now recycle-ready.

ITO EN, a key player in Japan’s beverage industry, innovates the market with the launch of two premium beverages with bite-sized pieces in SIG SmileSmall carton packs, made possible by the SIG Drinksplus technology integrated in the SIG SmileSmall 24 Aseptic filling machine.

SIG announces a strategic collaboration with MassChallenge Switzerland, a key member of the global MassChallenge innovator community and a major global startup accelerator. The paramount objective of this dynamic partnership is for SIG to connect with visionary founders and work together on new technologies and pioneering sustainable innovations in the field of material science.

Vietnam: International Dairy Product launches nutritious KUN milk with jelly pieces in SIG XSlimBloc carton packs.