Press Releases: all

  • 12/8/14 11:08 am EST
    Forty years ago, there were no foreign soda brands in China. Beijing had one soda option, largely modeled after Coca-Cola (it had polar bears on the label). Other major cities in China had their own, completely different soda “brand” options. Today, after decades of political and market reform, the country’s soda industry is worth $66.5 billion dollars, and domestic and foreign brands are engaged in fierce competition for market share.Changes in ChinaEven with GDP growth slowing to 7.5% inmore...
  • 12/1/14 8:30 am EST

    Global packaging company has received a grant from The Bill & Melinda Gates Foundation to improve adherence and accuracy during PrEP trials

    RICHMOND, Va.--(BUSINESS WIRE)--MeadWestvaco Corporation (NYSE: MWV), a global leader in packaging and packaging solutions, has received a grant to provide its Medication Event Monitoring System (MEMS™) to The Bill & Melinda Gates Foundation. The system is being used in the foundation’s new demonstration projects on pre-exposure prophylaxis (PrEP) medications to help prevent the spread of HIV/AIDS in sub-Saharan Africa and India. The four studies launched in Octobermore...
  • 11/26/14 9:26 am EST
    As a part of the first Austrian Packaging day in Vienna earlier this month, MWV Graz was awarded with the Austrian national packaging award for smart packaging (Staatspreis Smart Packaging). The innovative multi-pack folding box was developed for the companies’ long term customer Triumph International for its product “Sloggi men Match." The award was accepted by MWV's Peter Szabó and Mario Rassi, as well as by Kathrin Steinbauer, head of Raw Material Planning Austria and Christian Grill frommore...
  • 11/10/14 2:40 pm EST
    RICHMOND, Va.--(BUSINESS WIRE)--MeadWestvaco Corporation’s (NYSE: MWV) Board of Directors declared a regular quarterly dividend of $0.25 cents per common share. The payment of the dividend will be made December 1, 2014 to shareholders of record at the close of business November 21, 2014. About MWV MeadWestvaco Corporation (NYSE: MWV) is a global packaging company providing innovative solutions to the world’s most admired brands in the healthcaremore...
  • 11/5/14 8:14 am EST


    MWV's John Ferro on packaging and the fastest growing retail channel in the world

    eCommerce is the fastest growing retail channel in the world: according to Forrester Research, 192 million U.S. consumers will shop online in 2016, up 15% from 2012. In this growing channel, consumers are more likely to buy shelf-stable, bulk items that they can stock up on. Packaging plays an increasingly important role in an online retail environment– more than a marketing communications vehicle, it is the physical extension of your brand.Today, many companies use add-on components andmore...
  • 10/28/14 8:47 am EDT
    Explore a visual of our third quarter 2014 earnings report and the drivers behind our performance in the period.  more...
  • 10/28/14 7:25 am EDT

    Third Quarter 2014 Highlights:

    • Earnings from continuing operations of $0.60 per share, $0.63 ex-items vs. $0.37 on the same basis in the prior year
    • Sales of nearly $1.5 billion were up 7% from gains across targeted packaging and specialty chemicals markets
    • EBITDA ex-items of $285 million increased 20% driven by strong improvement across all packaging segments
    • Margin expansion driven by broad volume, price/mix and productivity improvement, as well as cost savings benefits; company expects to exceed its 2014 savings goal of $75 million
    RICHMOND, Va.--(BUSINESS WIRE)--MeadWestvaco Corporation (NYSE: MWV), a global leader in packaging and packaging solutions, reported strong sales and EBITDA margin growth in the third quarter of 2014 (see table below). Sales increased from gains across targeted, higher-value packaging and specialty chemicals end markets. Margin grew from strong operational performance, gains in productivity from major efficiency investments, and cost reductions associated with the company’s margin improvement program. As a result, totalmore...
  • 10/20/14 9:00 am EDT

    Global packaging company expands its portfolio with new pump-on-a-tube

    RICHMOND, Va.--(BUSINESS WIRE)--MeadWestvaco Corporation (NYSE: MWV), a global leader in packaging and packaging solutions, today introduced the latest addition to its skincare dispensing portfolio: Amplify™. The solution represents MWV’s leadership in creating dispensing solutions that enhance the consumer experience in the beauty and personal care industry. “Consumers today expect more at every price point, and the distinctions among mass, masstige and luxurymore...
  • 10/14/14 6:44 am EDT
    Packaging matters for freshness.  MWV's Bill Statelman on what's possible.  I’m a cookie guy by training, but I do love crunch.  I started my career as a packaging engineer for a big food brand that’s famous for their cookies. We invested a lot of time in developing the perfect cookie, and it was my job to remember one of the most important ingredients of all: packaging.They say we eat with our eyes first.  Well, not me – I go right for the food.  And if a crackermore...
  • 10/14/14 6:42 am EDT
    MWV's Paul France on the science of packaging What if packaging could open and close itself? What if paperboard could be transparent?What if we merge mechatronic engineering and design thinking to create complex shaped packages?What can packaging technology emulate from nature? What can we learn from a butterfly’s wings to help us develop new ways to create color? What can a deer’s antlers teach us about rapid prototyping? Beyond serving as a product container, what’s possible formore...