Stora Enso has completed the divestment of its Maxau paper production site in Germany, and all related assets to Schwarz Produktion, part of Schwarz Group. The divestment announced on 13 September 2022 was completed today after regulatory approvals. The enterprise value of the transaction is approximately EUR 210 million.
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Nippon Paper announces that its Australian consolidated subsidiary Paper Australia Pty Ltd (Opal) will withdraw from the graphic paper business.
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Conifex Timber Inc. will be temporarily curtailing its Mackenzie, British Columbia (BC) sawmill commencing February 21, 2023 for up to two weeks. Unsustainable inventory levels due to rail transportation challenges impacting the interior BC region have necessitated this step.
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Recently, Tetra Pak has commenced ground-breaking research towards advancing fiber-based sustainable food packaging, in collaboration with MAX IV – the most modern synchrotron[1] radiation laboratory in the world. The research aims to uncover fresh insights into the nanostructure of fiber materials, with the first application to optimize the composition of materials used for paper straws.
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In January 2023, the exports of logs from New Zealand expanded 26% year-on-year to 1,184.4 thousand m3.
the average price for logs exported from New Zealand in January 2023 gained 4% compared to the previous month and amounted to $101 per m3. This is 3% less than a year ago when it was $103.
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In January 2023, the imports of wood pellets to Japan expanded 42% year-on-year to 456 thousand tonnes.
the average price for wood pellets imported to Japan expanded 7% compared to the previous month and amounted to $242 per tonne. This is 30% more than a year ago when it was $187.
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International Paper announced a company rebrand to align with its strategic vision to Build a Better IP through sustainable, profitable growth and accelerated value creation. As the company celebrates its 125th anniversary in 2023, the rebrand highlights the resilience of International Paper, the sustainability of its mission and its commitment to creating what’s next.
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Archroma, a global leader in sustainable specialty chemicals and solutions for industries such as textiles, packaging & paper, paints and coatings, today announced that it has secured all regulatory approvals required to complete the acquisition of the Textile Effects business from Huntsman Corporation (“Huntsman Textile Effects”).
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Corex, part of VPK Group, has entered into a binding agreement to acquire Arteche Paper, a leading player in the production of coreboard, cores and edge protectors in the Iberian market. The agreement remains subject to customary conditions and is expected to be completed in the second quarter of 2023.
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The Chinese paper manufacturer’s Suzhou plant will be equipped with the widest and most technologically advanced E-WIND® P100H paper rewinders ever built by A.Celli.
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Solenis has completed its previously announced acquisition of the paper process chemicals business of Kolb Distribution Ltd., a unit of KLK Kolb Group. The deal also includes a long-term supply agreement, in which the KLK Kolb Group will manufacture paper process chemicals exclusively for Solenis.
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As an addition to the proven OceanCoat roll cover, Voith has now developed the OceanCoat P. The new coater backing roll cover is specially made for high-demand positions in blade coater applications. Due to its new polyurethane chemistry and unique filler concept, OceanCoat P is optimized to meet the requirements of stable profile conditions and the highest wear resistance.
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Valmet will supply a new tissue production line with the latest technology to Metsä Tissue’s mill in Mariestad, Sweden. The delivery also includes an extensive package of stock preparation, automation and service solutions.
The value of the order will not be disclosed.
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Domtar today announced that it has entered into an agreement with First Quality Enterprises whereby First Quality will acquire Domtar’s Dryden pulp mill in Northwestern Ontario, Canada.
The purchase price was not disclosed.
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Innovative Andritz partner Rohrdorfer has started up Germany’s first amine-based CO2 capture plant for cement plants at its main site in Upper Bavaria. This technology developed by Andritz will prospectively make a considerable contribution to CO2 reduction and thus to a sustainable circular economy. The special separation process recovers CO2 as a basic material for a large number of valuable intermediate products for further use in hygiene and pharmaceutical products as well as in the beverage and food industries.
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Rottneros takes the next step for the agreed joint venture project in Packaging in Poland by formally founding the 50/50-owned company together with Arctic Paper. The aim of the company is to build and run the factory to produce molded fiber trays on a large industrial scale. The project is on schedule and the factory is expected to begin operations at the end of 2023.
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Nippon Paper Industries Co., announces the establishment of a manufacturing and sales subsidiary in Hungary for CMC (carboxymethyl cellulose), which is one of the materials used for lithium-ion battery (LiB) anodes in electric vehicles (EV), to join its rapidly growing supply chain system in Europe.
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۴۸% of shoppers use printed promotions for making buying decisions every week. And 73% use them more than once per month. The annual European Shopper survey is answered by 7,000 consumers from 8 countries.
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Leading multi-format event organizer Easyfairs is celebrating following a blockbuster showing from its Packaging Innovations & Empack, Featuring Contract Pack & Fulfilment showcase, which was met with a rapturous response from attendees and exhibitors alike.
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Recently, RDM Group officially inaugurated the new boiler house at the Ovaro Mill in Italy, in the presence of the Group’s top management.
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