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Huhtamaki has entered into an agreement to acquire the assets of Jiangsu Hihio-Art Packaging Co. Ltd., a leading manufacturer of paper bags, wraps and folding carton packaging in China.
Essity has made an agreement to acquire approximately 44% of the Colombian hygiene company Productos Familia S.A. ("Familia"). After closing of the transaction Essity's ownership in Familia will amount to at least 94%. Essity has been an owner in Familia since 1985, and currently owns 50% of the company. The purchase price amounts to USD 1,540m (approximately SEK 13bn) for 100% of the company on a debt free basis.
The company said it will produce 200 metric tons of unbleached pulp daily and support 20 new jobs.
Three qualified bidders have submitted bids in the auction to purchase the shuttered Ponderay Newsprint mill in Usk, Washington, with the winner expected to be named Friday afternoon.
Pregis, a leading global manufacturer of protective packaging, announces that it has joined The Climate Pledge, a commitment to be net-zero carbon by 2040--a decade ahead of the Paris Agreement's goal of 2050.
Complaints of the smell started to pick up in March, but started coming in around the New Indy mill, located in Catawba, S.C., as early as February. This is the first month the mill had been operational since shutting down in September 2020 to make the change from producing bleached paper to brown paper.
Smurfit Kappa has announced a significant investment in its Hoya paper mill and board manufacturing plant in northwest Germany. It is the latest phase of an investment programme, which commenced in 2011, and this last phase will see production output increase by 70 kt to 450 kt per annum.
IT Tech Packaging, Inc., a leading manufacturer and distributor of diversified paper products in North China, announced the Company has completed fundamental constructions on its new tissue paper production line (the "PM10") and is working on the installation of affiliated equipment.
New partnership with Pratt Industries introduces circular packaging solutions using cardboard made of 100% recycled materials.
Pactiv Evergreen announced the launch of a new annual program rewarding community engagement for employees and their families and supporting the company's commitment to sustainability. The program, called GiveBack, invites employees and student family members to nominate projects in which they are involved at registered nonprofit organizations for grants.
Stora Enso will start co-determination negotiations with employees at its Kvarnsveden Mill in Sweden and Veitsiluoto Mill in Finland regarding a plan to permanently close down pulp and paper production at both mills. The planned closures would take place during the third quarter of 2021, and affect directly 670 people in Finland and 440 people in Sweden.
Sylvamo Corporation, a subsidiary of International Paper that is in the process of being spun off into an independent, publicly-traded company, could put its headquarters in Memphis.
As construction continues to boom in the area, the company said Colorado is the perfect place to have another distribution center to provide faster service to the Western states.
Mill operations have been curtailed since June 2020.
Pregis is announcing two new manufacturing facilities in the Dallas area to support growing demand in the Southern region of North America.
An ex-finance manager from Weyerhaeuser who stole over $4.5 million from the timber business has been sentenced to nearly five years in prison.
Kimberly-Clark will move more than 250 positions in sales, marketing and executive management from Wisconsin to a new commercial center in Chicago, the company said Wednesday.
With an investment sum of Euro 16.7 million DS Smith is expanding and modernizing its traditional site in Arnstadt, Thuringia, Germany. The recent symbolic ground-breaking ceremony marks the start of construction work to renovate and expand the plant, which will take place while production continues and will span the next 12 months.
Fire at Kotkamills' sawmill at 3:45 in a Debarker machine caused minor financial damages. No one was injured. In-house fire-Fighters and Municipal fire-Fighters opened the machine and extinguished the fire.
Mondi, a global leader in packaging and paper, is now offering a comprehensive portfolio of CO2 neutral papers from its Uncoated Fine Paper business to serve the professional print, office and premium packaging sectors.
A provision to offer a forgivable loan to restart the idled Verso Corp. mill passes out of committee in both the Minnesota House and Senate.
Neenah is expanding their popular ENDURA® Wide Format line to include ENDURA® POSTER in a new seven mil, 500-foot roll.
Liberty Diversified International (LDI) has acquired the assets of Miller Container Company, a Quad Cities-based manufacturer of corrugated cartons and displays.
If implemented, the plans would decrease the number of employments in the functions by up to 51.
Stora Enso Intelligent Packaging is expanding the selection of the sustainable ECO RFID -product family with a tag collection that is specifically designed for food & beverage items. Part of the new ECO RFID Food & Beverage Collection by Stora Enso is the world's first paper tag for microwave-safe use, ECO Meal.
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