Sonoco will increase uncoated recycled paperboard (URB) prices by $70 per ton in the U.S. and Canada, effective April 10, 2025. This move is due to rising input costs and tight market conditions.
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فروردین
فروردین
آرشیو برچسب های: price
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خرداد
The Russian packaging sector is facing with the deepest crisis in its modern history, as the ongoing military conflict between Ukraine and Russia and unprecedented sanctions, imposed on the country have resulted in the massive exodus of global packaging producers from the local market and posed a threat of the shortage of packaging in the country.
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خرداد
Performance BioFilaments announced the start-up of the world’s largest nanofibrillated cellulose (NFC) commercial production plant at Resolute Forest Products’ Kenogami paper mill in Quebec, Canada.
Nanofibrillated cellulose is a natural, renewable and sustainable biomaterial derived from well-managed, certified forests. It provides a low carbon additive to enhance performance-driven advanced materials and specialty chemicals.
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خرداد
Tex Year Group recently established a new factory in Poland in a joint venture with Minima Technology, Taiwan’s largest compostable tableware and food packaging manufacturer. It will be the 9th factory of Tex Year’s worldwide deployment.
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اردیبهشت
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Valmet will deliver a new refiner with chip washer capacity of 28 ton/h to Arauco’s new MDF plant located in Zitácuaro, Mexico. The start-up of the system is planned for the last quarter of 2024.
The order was included in Valmet’s orders received of the first quarter 2023. The value of the order will not be disclosed.
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Epson recently introduced its newest addition to the portfolio of Legacy Papers – Legacy Baryta II. Inspired by the legendary f/64 Group of photographers, Baryta II is an OBA-free 100% cotton fiber paper with a true baryta coating.
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25
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Stora Enso has launched a combined Green and Sustainability-Linked Financing Framework to further integrate sustainability into its funding and financing activities.
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Paper Arabia, the very first comprehensive exhibition for paper industry in the Middle East and North Africa (MENA) region is making a strong come back this May 2023, in the backdrop of the growth context and robust prospects for the industry across the globe, and particularly the region.
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Supremex on May 8 announced the acquisition of the assets of Graf-Pak Inc., a provider of folding carton packaging solutions to a variety of commercial markets. The transaction was concluded for a total consideration of approximately $6.0 million, on a cash-free and debt-free basis, subject to customary adjustments, financed through the company’s existing credit facility.
Founded in 1995 and employing close to 25 people, Graf-Pak operates a facility located in Pointe-Claire, Quebec, near Supremex’s primary folding carton plant in Lachine.
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James Cropper, a global market leader in advanced materials, luxury packaging and paper products, announces a strategy to accelerate growth across the Group.
Since the appointment of Steve Adams as Chief Executive Officer in August 2022, the Company has made significant progress in repositioning James Cropper to capitalise on growth opportunities within its core and emerging end-markets. The fast-growing renewable energy and decarbonisation markets are creating an ever-greater need for novel and high-performance materials, while sustainable fibers, and low, or zero-carbon processing are driving growth within paper and packaging.
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Kemira announces closing of the divestment of most of its colorants business to ChromaScape
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Kemira announces the closing of the divestment of most of its colorants business to ChromaScape on May 4, 2023.
Kemira signed a definitive agreement to sell its colorants dye business to US-based ChromaScape, LLC in September 2022. The revenue of the business in 2022 was approximately 50 MEUR and 59 employees will be transferred to ChromaScape as part of the transaction.
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Mondi, a global leader in sustainable packaging and paper, has created Protector Bag ExpandForm, a paperbag solution with an expandable feature to safely rollpack mattresses.
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Sylvamo has announced senior leadership changes effective July 1.
Greg Gibson, senior vice president and general manager, North America, will be elected senior vice president, Commercial Excellence, until his retirement March 31, 2024. Gibson joined the industry in 1982 and has served in various sales, marketing, general management and senior leadership roles in North America and Europe.
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Q1 2023 reported operating loss of $25 million; net loss of $19 million, or $0.29 per share
Global pulp market fundamentals softened late in the quarter amid uncertainty associated with rising pulp producer inventory levels
Improved pulp production despite ongoing fibre challenges and wind down of pulp line at Prince George Pulp and Paper mill
Subsequent to quarter-end, expanded and extended its operating loan facility and term debt
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Tiger Group online auction features 2,120 kraft linerboard paper rolls formerly owned by a global broker and distributor of pulp and paper products.
“It is rare for this much high-quality kraft linerboard — about 3,700 metric tons in all — to become available on the secondary market,” said Chad Farrell, a Houston-based Tiger Group Managing Director. “That makes this court-ordered bankruptcy sale an excellent opportunity for packaging-industry brokers, distributors and manufacturers both domestically and internationally.”
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Metsä Fibre’s Kemi bioproduct mill project has identified irregularities in the operations of the contractor Hutni Montaze a.s. related to the payment of wages to the company’s personnel during the project. Metsä Fibre has therefore terminated the cooperation agreement with Hutni Montaze.
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Cascades inc. announces that it has produced its first roll of 100% recycled containerboard at its Bear Island, Virginia mill.
With annual production capacity of 465,000 short tons of lightweight, high-quality, 100% recycled containerboard, the state-of-the-art mill is equipped to perform within the top quartile of its industry, and will strengthen the operational flexibility, geographic footprint, and competitiveness of Cascades’ Containerboard platform. The project created 700 jobs in the region during the construction phase, and 180 permanent jobs with the onset of commercial production.
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Hinojosa Packaging Group, after the success of their participation in 2022, once again attends the Seafood Expo Global (fair), taking place from 25th to 27th April in Barcelona.
At the fair, products such as Halopack® and Sumbox will be among the solutions for visitors to discover, assisted by a team of experts in the innovation of sustainable packaging for the end consumer.
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WestRock Company announced it will permanently cease operating its paper mill in North Charleston, South Carolina, on August 31, 2023.
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There was a landslide at Norske Skog Saugbrugs around 04:30 CET today on 27 April 2023. This has had a material impact on building structures, cranes, and other machinery and equipment relating to PM6, which will result in a production stop for a longer period.
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