Sustainability Drive Hi-Cone aims to achieve 100 percent recyclable, biodegradable or compostable packaging by 2025, presenting a growth opportunity to supply sustainable ring carrier solutions and collaborate on circular economy initiatives with CPG brands seeking greener packaging options.

Circular Economy Partnerships The company actively educates consumers and partners with retailers and industry experts to advance circular packaging, signaling a potential to sell recycling programs, material innovation collaborations, and joint sustainability campaigns to beverage brands.

Parent Company Support As part of ITW, Hi-Cone has access to extensive testing facilities and knowledge sharing, enabling sales conversations around advanced testing, compliance, and performance validation to de-risk adoption of high-value packaging systems for large CPG accounts.

RingRecycleMe Opportunity Longstanding RingRecycleMe initiatives with PCR content and recycling partnerships point to upsell potential for customers seeking recycled-content carriers and end-of-life recycling programs, including expanded PCR levels or co-branded recycling education.

Growth Through Innovation Recent product launches like RingCycles with significant post-consumer recycled content indicate a track record of innovation, suggesting opportunities to approach beer and NARTD brands with differentiated, sustainable packaging solutions and custom design capabilities.