Net sales for Tetra Pak increased to €11.5 billion.
Tetra Pak launched an array of new products and solutions in 2017, as its long-standing commitment to customer-focused innovation continued to deliver results. These included two new Tetra Pak® E3 filling machines, completing the range so that customers can now use this technology to produce ambient, chilled and extended shelf-life products in both family and portion sizes. The company also launched a High Shear Mixer that sets a new industry benchmark in terms of end product quality, energy consumption and cost. And it extended its leadership position in the fast growing on-the-go beverage market with new portion-size packages like the Tetra Prisma® Aseptic 200 and 250 Edge with DreamCap™ 26, the Tetra Top® 330 MiniV Nallo and the Tetra Brik® Aseptic 200 Slim Leaf.
Tetra Pak strengthened its product offering for ice cream manufacturers with the acquisition of Big Drum Engineering GmbH, a leading supplier of filling machines for the industry. The company also acquired Johnson Industries International, which specialises in the design, development and manufacture of equipment and lines to produce mozzarella cheese.
Construction work started on a new Tetra Pak packaging material plant in Vietnam, with commercial production scheduled to begin before the end of 2018. The company also neared completion of an extension of its Rayong factory in Thailand, dedicated to the production of caps and closures, to meet rising demand driven by the growth of new packaging formats. On the other side of the world, Tetra Pak started a €30 million upgrade of its packaging facility in Denton, USA, to support the growth of its business across North America.
Tetra Pak was awarded the highest possible score by the CDP Forests Programme for its work in tackling deforestation. In 2017, the company celebrated 10 years of supplying FSC-certified packages, during which time more than 300 billion FSC-labelled Tetra Pak® packages have been delivered to store shelves. Tetra Pak also announced that it now uses renewable electricity for more than a third of its total annual consumption worldwide. This is up from 22 per cent in 2015.