Sonoco Products Company · NYSE:SON
Sonoco Products — The Packaging Conference 2016
25 slides from Sonoco Products's conference presentation, Feb 9, 2016
Slide 1: The Clear Winner
The Clear Winner Unveiling the market disruptive TruVue™ Plastic Can Presenters: Jeff Schuetz & Steve Gendreau, Sonoco The Packaging Conference 2016 Tuesday, February 9, 2016
Slide 2: First, A Short Sonoco “Commercial”
First, A Short Sonoco “Commercial”
Slide 3: Slide 3
Slide 4: A Solutions Company That Offers Packaging
A SOLUTIONS COMPANY That Offers PACKAGING, Rather Than A Packaging Company That Happens To Offer Solutions
Slide 5: Our i6 Process™
Insights Our i6 Process™ We gather market and consumer insights using research tools like focus groups, online panels and in-home studies. Ideation Using these consumer behavior insights, we invite packaging engineers, marketing gurus and designers to participate in cross-discipline brainstorming, d
Slide 6: The TruVue™ Can With FUSION FreshLock Technology™
The TruVue™ Can With FUSION FreshLock Technology™. Clearly, Uncanny.
Slide 7: The “Demise” Of The Center Store
The “Demise” Of The Center Store
Slide 8: The “Center Store” Opportunity
The “Center Store” Opportunity DISRUPTIVE Innovation To Create Renewed Relevance Importance of seeing a product through its packaging 70% 61% 60% 60% 56% 50% 51% 50% 43% 40% 30% 20% 10% The 0% 18-24 25-34 35-44 45-54 55-64 65+ Consumer Experience Quality Taste Trust Healthy Base: 1,890 internet user
Slide 9: HUGE White Space In Need Of Disruption!
HUGE White Space In Need Of Disruption! Fruit All other Vegetable Pet Food Soup NA = 30Billion cans +/-
Slide 10: Seeing Is Believing … TruVue™
Seeing Is Believing … TruVue™
Slide 11: Where Others Have Failed …
Where Others Have Failed … ✚ =
Slide 12: Consumers LOVE It!
Consumers LOVE It! • Overwhelmingly preferred (70%) to metal • Believe that food will taste better • Expect the product to be fresher – The “Deli” Effect • Elevated Brand Trust through transparency • Expect and willing to pay a premium – “You get what you pay for …” • Even Boomers weren’t afraid to
Slide 13: Seeing Truly IS Believing!
Seeing Truly IS Believing! Clarity Change Over Friendly Freshness High Speed Authenticity Better Tasting Operational TruVue™ Brand Lift Efficiency Trust Continuous v. Batch Process Healthier Shelf Existing Plant Differentiation Infrastructure
Slide 14: TruVue™ Magic Sauce Technology Overview
TruVue™ Magic Sauce Technology Overview
Slide 15: Purpose Driven Innovation
Purpose Driven Innovation Plastic Processing Extrusion Blow Molding Thermoforming Injection Molding Retort Experience Package Closing Technologies Metal – Metal Seaming Metal – Film Induction Sealing Metal – Composite Seaming Film – Film Conduction Sealing Plastic to Film / Foil Conduction Heat Seal
Slide 16: Anatomy of the TruVue™ Can
Anatomy of the TruVue™ Can 3 – Piece Plastic Can • Cylindrical multilayer plastic body • Steel Easy-open top and Steel bottom closures – Heat sealable interior surface • Crimp seam plus induction seal end application • Multiple labelling options complete the package – Pressure sensitive film or pape
Slide 17: FUSION FreshLock Technology™
FUSION FreshLock Technology™ Seal Area (End To Can Body) Cross Section Crimp Seam PP / EVOH Can Wall Heat Sealable Interior Surface
Slide 18: Stacking Up v. Other Plastic Alternatives
Stacking Up v. Other Plastic Alternatives • Continuous multilayer extrusion process – Wall thickness uniformity and barrier consistency – High output / low scrap can making process • Transformational metal end seam design – Flangeless container wall provides reduced damage and improves seam consiste
Slide 19: Processing Performance
Processing Performance • Proven in commercial hydrostat & continuous retorts • Temperature experience up to 267 degrees F • Seaming/sealing experience up to 500 cans per minute • Range of products (to date): fruits, vegetables and soups – Shelf-life demonstrated for up to 2 years
Slide 20: TruVue™ – Why does it process so well?
TruVue™ – Why does it process so well? FEA Simulated Critical Pressure Temperature and Differential Pressure at which permanent plastic deformation occurs 100 91 90 80 70 Critical Pressure (PSI) 60 50 40 36 30 27 20 14 12.7 10 10 0 70 180 205 250 260 265 35 mil critical pressure Retort temperature (
Slide 21: TruVue™ vs. Metal Can Differential Pressures
TruVue™ vs. Metal Can Differential Pressures Steel – internal pressure TruVue – internal pressure Chamber pressure Steel – ΔP 1/3 LOWER FOR FUSION CAN TruVue - ΔP
Slide 22: IP Portfolio
IP Portfolio US Patents Issued: • 9,150,328 Container assembly having a heat-sealed metal end, a metal end therefore, and a method for making same • 8,998,027 Retort container with thermally fused double-seamed or crimp-seamed metal end • 8,939,695 Method for applying a metal end to a container body
Slide 23: Clearly Uncanny
Clearly Uncanny Transparency = brand impact Robust in rigors of retort Strong barrier for product protection
Slide 24: Thank You!
}/0§) Thank You!
Slide 25: Questions?
Questions? For More Information Visit www.sonoco.com/truvue
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