Summit Paper Tube, Inc., a paper tube manufacturer, announced plans to establish its first South Carolina operations in Williamsburg County. The company's $1.68 million investment will create 19 new jobs.
The enterprise value of the transaction is approximately EUR 18 million and will result in the reduction of Stora Enso's annual newsprint paper capacity by 245,000 tonnes.
Suzano reached a deal with Kimberly-Clark in October, saying at the time that the main asset included was a tissue production plant located in Sao Paulo state.
Sofidel, one of the world's leading paper groups for the production of paper for hygienic and domestic use known particularly in Italy and Europe for its Regina brand, is pleased to announce that it has entered into an agreement with Hakle GmbH to acquire Hakle trademark and other brands.
Sonoco announces that the high barrier paper-based structure, EnviroFlex® Paper Ultimate (ULT) 1.0, has received How2Recycle® pre-qualification and has met all requirements of the Fibre Box Association's Voluntary Standard for Repulping and Recycling.
The service agreement covers continuous collaboration on spare parts, process evaluations and condition assessment of the mechanical equipment, as well as yearly shutdowns of the fiber line and baling line.
Progroup, a manufacturer of containerboard and corrugated board sheets, is expanding its site in Sandersdorf-Brehna, Germany, to create a zero-waste site. A state-of-the-art waste-to-energy plant is being built right next door to the PM3 paper factory. It will supply the factory with the process heat it requires as well as electricity.
Following Russia's war of aggression in Ukraine, UPM announced in March 2022 suspension of its business activities in Russia, including deliveries, wood procurement and the Chudovo plywood mill.
The company is now utilizing a rare procedure for their silicone curing process to both improve overall label production quality and expand a greener initiative.
Sofidel, one of the world's leading paper groups for the production of paper for hygienic and domestic use known particularly in Italy and Europe for its Regina brand, has again this year received Platinum recognition from EcoVadis for its approach to sustainability and therefore confirming its place among the top 1% of companies in its sector worldwide.
Ox Industries is increasing efficiency and production capacity with a $5 million investment in new high-speed converting lines across multiple facilities.
As we start safety month, we could almost repeat the issues discussed last month in maintenance month. We'll spend some time this month talking about attitudes as well. Attitudes have a lot to do with safety.
Stora Enso has appointed Micaela Thorström as EVP, Legal and General Counsel and a member of the Group Leadership Team. She will start in her new role in April 2023.
