Clearwater Paper Corporation recently announced that the Science Based Target initiative (SBTi) has validated the company’s climate targets. These targets include reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 29.1 percent and absolute Scope 3 GHG emissions by 25 percent by 2030. The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. SBTi is focused on accelerating companies worldwide to halve emissions before 2030 and achieve net-zero emissions before 2050.
خواندن ادامه مطلبآرشیو برچسب های: carton
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Sappi North America Inc., a leading producer and supplier of diversified paper, packaging products and pulp, announced today the debut of its latest volume of The Standard series. Designed for Sappi by Kit Hinrichs, principal of Studio Hinrichs, Volume 7 of The Standard is printed on Spectro, Sappi’s sustainably manufactured premium paperboard, and highlights the importance of sensory packaging in creating a memorable and profitable brand experience.
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Cascades Inc. has reported its unaudited financial results for the three-month period ended March 31, 2023.
Q1 2023 Highlights:
Sales of $1,134 million (compared with $1,135 million in Q4 2022 and $1,038 million in Q1 2022)
Operating loss of $(80) million (compared with $(20) million in Q4 2022 and $(4) million in Q1 2022)
Mario Plourde, President and CEO, commented: “We had a solid first quarter.
اخبار خارجی
Smurfit Kappa announces a €۴۰ million investment in a significant expansion of its Pruszków plant
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Smurfit Kappa has completed its latest investment project in Poland, resulting in a significant expansion of its Pruszków corrugated plant. The expansion makes the plant Smurfit Kappa’s largest in Poland and one of the most high-tech and modern packaging plants in Europe.
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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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Arctic Paper announced that the group’s CFO, Göran Eklund, will retire at the end of June and will be replaced, with effect as of May 29, by Katarzyna Wojtkowiak, who is currently Chief Accountant.
Wojtkowiak has been Chief Accountant and Group Treasury at Arctic Paper for over 11 years. Prior to this, she has worked in various roles in accounting and finance at Flexlink in Poland.
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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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Billerud has resumed operations at its pulp and paper mill in Escanaba, Michigan, after a rare fungal disease outbreak that began in March forced the company to temporarily idle operations at the site.
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Sappi North America, Inc., a leading producer and supplier of diversified paper, packaging products and dissolving wood pulp, has announced it will showcase seven new and recently launched textures from its Arrio finished surface and Ultracast decorative laminate release paper lines during interzum 2023 in Cologne, Germany from May 9-12, 2023.
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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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Metsä Board, part of Metsä Group, inaugurated its renewed pulp mill in Husum, Sweden, on 3 May. Invited to the inauguration ceremony were, among others, project partners and representatives of Örnsköldsvik municipality.
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Innovative technology is transforming the packaging industry, as Immertia, a tech start-up, introduces an AI-powered concept that turns ordinary product packaging into an interactive experience for consumers.
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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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