WESTROCK COMPANY

(WRK)
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WestRock : Hazen Paper wins 2021 International Award for Excellence in Holography

12/30/2021 EDT

The International Hologram Manufacturers Association (IHMA) honoured Hazen Paper for the second year in a row for "Best Applied Decorative/Packaging Product" at the 2021 Excellence in Holography Awards. The awards, presented at the Holography Conference Online, recognize "outstanding achievement … in holographic products or techniques which represent the best in the industry for innovation and commercial potential." Hazen captured the judge's attention with the 2020 enshrinement yearbook produced for the Naismith Memorial Basketball Hall of Fame in Springfield, MA.

The award-winning yearbook employed holography to create a dynamic, three-dimensional image of the Hall of Fame's iconic dome and spire and its panoramic interior, which was overprinted with a collage of the year's inductees in action. The combination of two contrasting, yet complementary techniques served to amplify the engaging power of holography, as well as to draw attention to the honourees in the foreground. The back cover featured eye-catching holographic treatment of Connecticut's Mohegan Sun, the location of the enshrinement ceremony.

Hazen produced the cover holography wholly within its vertically integrated facility for exacting quality and performance. The custom hologram was originated in Hazen's holographic laser lab, micro-embossed and transfer-metallized onto 12-point WestRock Tango C2S using Hazen's Envirofoil process. Envirofoil is manufactured with less than one per cent of the aluminum of traditional foil laminate, reuses the film carrier multiple times, and is recyclable as paper.

Agency GO of Hartford, CT, designed the limited-edition yearbook cover, which was printed and individually numbered for authenticity on an HP Indigo 5500 digital press by Starburst Printing of Holliston, MA.

Disclaimer

WestRock Company published this content on 30 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 January 2022 18:27:03 UTC.


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Financials (USD)
Sales 2022 21 402 M - -
Net income 2022 1 072 M - -
Net Debt 2022 7 278 M - -
P/E ratio 2022 11,1x
Yield 2022 2,14%
Capitalization 11 802 M 11 802 M -
EV / Sales 2022 0,89x
EV / Sales 2023 0,82x
Nbr of Employees 49 900
Free-Float 98,7%
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Number of Analysts 14
Last Close Price 46,31 $
Average target price 60,77 $
Spread / Average Target 31,2%
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Managers and Directors
David B. Sewell President, Chief Executive Officer & Director
Alexander W. Pease Chief Financial Officer & Executive Vice President
Alan D. Wilson Non-Executive Chairman
Amir Kazmi Chief Information Officer
Colleen F. Arnold Independent Director
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