Used in recycled packaging, they can leach into foods - even passing through protective inner plastic bags.

The company said that it will use the money to expand its recycled packaging business and repay debt.

It also warned that prices for its recycled packaging were continuing to slide.

But the recycled packaging market continues to grow as consumers — and legislation — demand greener products.

The company used these results as a catalyst to undertake improvements, including switching out lighting, using only 100% recycled packaging for shipments, and focusing on reducing energy consumption.