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Total U.S. Packaging Papers & Specialty Packaging Shipments Decreased 4 Percent in August 2023

منتشرشده در by Maxwell
01
مهر

The American Forest & Paper Association (AF&PA) released its August 2023 Packaging Papers Monthly report. According to the report, total packaging papers & specialty packaging shipments in August decreased 4% compared to August 2022. They were down 3% when compared to the same 8 months of 2022.

  • Shipments of the biggest subgrade in bleached packaging papers — food wrapping — were 25,900 short tons for the month of August, down 16.4% year-to-date.
  • The unbleached packaging papers operating rate was 83.7%, down 9.6 points from August 2023 and down 9.4 points year-to-date.

The complete report with detailed tables, charts and historical data can be purchased by contacting Kory Bockman at Statistics_Publications@afandpa.org or 202-463-4716.

 

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Mondi to sell Mondi Syktyvkar to Sezar Invest

منتشرشده در by Maxwell
28
شهریور

Mondi plc announces that it has entered into an agreement to sell its last remaining facility in Russia, Joint Stock Company Mondi Syktyvkar, together with two affiliated entities to Sezar Invest LLC for a total cash consideration of RUB 80 billion.

Mondi confirms that both the Russian Federation’s Federal Anti-Monopoly Service and Government Sub-Commission for the Control of Foreign Investments have approved the Disposal on the terms agreed between Mondi and Sezar Invest. Mondi also confirms that it has been informed that there are no further outstanding regulatory conditions in respect of the Disposal.

The total cash consideration of RUB 80 billion will be paid to Mondi in RUB and in six monthly instalments. The first four monthly payments will be for RUB 13.5 billion each, with the first payment made by the end of September 2023.

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International Paper opens new corrugated packaging facility in Atglen, Pennsylvania

منتشرشده در by Maxwell
28
شهریور

International Paper recently celebrated the opening of its newest state-of-the-art corrugated packaging facility in Atglen, PA. The new $100 million facility is providing more than 100 manufacturing jobs to Atglen and the surrounding communities. The new facility will produce corrugated packaging for produce, processed food, beverage, shipping, distribution and e-commerce customers.

IP’s new $100 million packaging plant is providing more than 100 manufacturing jobs to Atglen, PA. The new facility will produce corrugated packaging for produce, processed food, beverage, shipping, distribution and e-commerce customers.

IP’s new $100 million packaging plant is providing more than 100 manufacturing jobs to Atglen, PA. The new facility will produce corrugated packaging for produce, processed food, beverage, shipping, distribution and e-commerce customers.

 

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Mondi and Robopac developed sustainable paper wrapping solution

منتشرشده در by Maxwell
26
شهریور

Mondi has partnered with Robopac, a world-leading manufacturer of pallet-wrapping machinery, to offer a seamless and more sustainable paper wrapping solution for pallet storage and transportation.

The two organisations collaborated closely to develop the solution, combining Mondi’s expertise in packaging and paper with Robopac’s know-how about wrapping machines. Robopac’s new paper wrapping machine uses Mondi’s Advantage StretchWrap which is 100% kraft paper, delivering excellent protection for palletised goods due to high strength, puncture resistance and tension absorption. The paper is created with responsibly sourced, renewable materials, containing no plastic or coating making it fully recyclable in existing waste streams across Europe.

 

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Smurfit Kappa and Westrock merger deal would create the largest containerboard producer in the world

منتشرشده در by Maxwell
25
شهریور

Smurfit Kappa Group CEO Tony Smurfit said that the combination of Smurfit Kappa and WestRock is a promising and complementary deal.

The two companies signed a definitive agreement to combine in what would create a $34 billion company with 23 million tons of mill capacity and 500 converting plants focused on containerboard, as well as a large consumer packaging business. The combined companies would be the largest containerboard and boxmaking company in the world.

If the deal is finalized, the new combined company is to be called Smurfit WestRock.

“(This) combination has a lot of merit,” said Smurfit from Ireland on Sept. 12.

 

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ProAmpac unveils breakthrough curbside recyclable high-barrier paper packaging

منتشرشده در by Maxwell
24
شهریور

ProAmpac, a leader in flexible packaging and material science, announces the launch of its patent-pending ProActive Recyclable® RP-1000 High Barrier (HB) paper-based technology. An extension to its existing ProActive Recyclable RP-1000 series, RP-1000 HB offers excellent oxygen, moisture barrier, and grease resistance. It is suited for dry food products such as dehydrated fruit, confectionery, and flavored oatmeal.

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Dunapack Packaging completes take-over of Scatoloficio La Veggia in Italy

منتشرشده در by Maxwell
22
شهریور

Prinzhorn Group’s Dunapack Packaging has completed the take-over of the corrugated packaging plant Scatoloficio La Veggia s.p.a. located in Roteglia, Italy. The plant has a production capacity of 200 million sqm annually with around 140 employees. Prinzhorn Group had announced its strategic long-term interest in Italy in 2022.

Max Hölbl, Managing Director for Prinzhorn Holding and the Division Packaging, said: “With the entry into the 2nd largest corrugated market in Europe, we are adding an important piece to our strategic goals. We are very much looking forward to serving international as well as local customers with the best of our proven service quality, benefitting from our integrated business model with internal paper supply by the Hamburger Containerboard Division. With the company Scatoloficio La Veggia s.p.a., we are taking over a good asset base and well trained people, which we cordially welcome to our Group.”

The Prinzhorn Group is a European market leader in the packaging, paper and recycling industries.

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Georgia-Pacific Introduces EarthKraft Recyclable Unpadded Mailers

منتشرشده در by Maxwell
22
شهریور

Georgia-Pacific, LLC today announced it has expanded its EarthKraft™ line of curbside recyclable mailers to include an unpadded mailer for e-commerce shipments. The new mailer, available in two sizes, is suited to ship apparel and other soft items that do not need padded packaging for transport. Amazon is a key GP EarthKraft customer and has been using the unpadded mailers since mid-July.

With the introduction of the unpadded mailer, the EarthKraft brand will now have two products in its portfolio. The unpadded mailers are similar to the recyclable padded mailers introduced by GP in 2020. Both padded and unpadded versions offer protection in a lightweight and flexible design, which can reduce freight costs. The mailers are also designed to be easy to pack, which can improve warehouse efficiency.

GP has sold more than one billion EarthKraft padded mailers to e-commerce companies looking for a cost-competitive alternative to plastic mailers. The company anticipates similar strong demand for the newly introduced unpadded mailer.

 

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Sonoco completes acquisition of RTS Packaging

منتشرشده در by Maxwell
21
شهریور

Sonoco Products Company announced the completion of its acquisition of the remaining equity interest in RTS Packaging, LLC from joint venture partner WestRock and one WestRock paper mill in Chattanooga, Tennessee. The acquisition will further strengthen and expand Sonoco’s 100% recycled fiber-based packaging solutions to serve growing consumer wine, spirits, food, beauty and healthcare markets. Prior to closing the transaction, Sonoco was a 35% owner in the joint venture with WestRock.

With this acquisition, Sonoco adds a network of 15 operations and 1,100 employees in the U.S., Mexico, and South America. The purchase price for this acquisition was $۳۳۰ million, subject to customary price adjustments. The Company funded the acquisition with borrowings under its existing credit facilities and cash on hand. After the transaction, the Company’s net debt to adjusted EBITDA ratio is less than 2.9x. The acquisition is expected to be immediately accretive to earnings per share, excluding the impact of purchase accounting adjustments.

Founded in 1899, Sonoco is a global provider of packaging products.

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Afry appoints new Head of Pulp and Paper business

منتشرشده در by Maxwell
20
شهریور

Visa Moilanen has been appointed as Head of Pulp & Paper, Process Industries Division at AFRY.

Visa has a strong background in the Pulp & Paper sector globally and he has been working for AFRY (previously Pöyry) also earlier in several roles. He has held many leading positions within the industry, and he knows well global markets having strong experience for example, in Singapore, France, Germany and Finland.

Visa will coordinate the Global Pulp & Paper business sector sales and key accounts, competence development and ensure that our Pulp & Paper sector clients get the best possible competencies and the latest technology know-how.

“I’m really happy to have Visa back at AFRY and to be part of our Process Industries division global team! Visa’s strong expertise in the pulp & paper industry sector, customer relations and deep knowledge of our business will support our global growth and further development of Pulp & Paper sector globally”, says Nicholas Oksanen, Head of Process Industries Division at AFRY.

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US manufactured goods orders down 2.1% in July

منتشرشده در by Maxwell
18
شهریور

New orders for U.S. manufactured goods in July 2023, down following four consecutive monthly increases, decreased $12.7 billion or 2.1% to $579.4 billion. This followed a 2.3% June increase, as the U.S. Census Bureau reported.

Shipments, up three consecutive months, increased $2.9 billion or 0.5% to $577.2 billion. This followed a 0.2% June increase. Unfilled orders, up seven of the last eight months, increased $7.2 billion or 0.5% to $1,332.0 billion. This followed a 1.8% June increase. The unfilled orders-to-shipments ratio was 6.80, up from 6.74 in June.

Inventories, up following two consecutive monthly decreases, increased $0.6 billion or 0.1% to $852.5 billion. This followed a 0.2% June decrease. The inventories-to-shipments ratio was 1.48, unchanged from June.

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Smurfit Kappa and WestRock in discussions regarding merger

منتشرشده در by Maxwell
18
شهریور

Smurfit Kappa Group confirms that the boards of directors of Smurfit Kappa and WestRock Company are discussing the key terms of a potential combination to create Smurfit WestRock, a global leader in sustainable packaging.

The potential combination would be expected to involve the creation of a new holding company, Smurfit WestRock. Smurfit WestRock would be incorporated and domiciled in Ireland with global headquarters in Dublin, Ireland and North and South American operations headquartered in Atlanta, Georgia. The potential combination would be effected through an Irish scheme of arrangement involving Smurfit Kappa and a merger of a subsidiary with WestRock.

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Sappi Saiccor signs long-term service agreement with Andritz

منتشرشده در by Maxwell
11
شهریور

Dissolving pulp producer Sappi Saiccor signed a three-year service contract with technology group Andritz for two recovery boilers operating at the mill in Umkomaas, South Africa.

The two Andritz boilers producing 230 tph of steam at 490°C and 86 bar have been operating since 2008 and 2021 respectively. The service agreement will help the Saiccor mill maintain safe and efficient operation while improving the reliability and availability of the boilers.

The scope includes operation support, engineering support, pre-shutdown services and annual shutdown services such as mechanical and process inspection, as well as an advisory service for boiler washing and boiler repair and replacement works.

Saiccor mill, situated 50 km south of the port of Durban, produces elemental chlorine free (ECF) dissolving pulp (DP), mostly for the export market. It is one of the production facilities of Sappi group, a leading global provider of everyday materials made from wood fiber-based renewable resources.

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Greif buys 51% stake in paper partitions supplier ColePak, LLC

منتشرشده در by Maxwell
11
شهریور

Greif, Inc. has acquired 51% of the ownership interest in ColePak, LLC in an all-cash transaction funded through Greif’s existing credit facility.

ColePak is the second largest supplier of paper partitions in North America and has a compelling future growth path in that unique product niche. As partners, ColePak adds a completely new product offering to the Greif paper converting portfolio, which provides integration to the Greif mill system in both containerboard and URB grades. Additionally, the ColePak margin profile is immediately accretive to the Greif portfolio.

The ColePak financial results will be reported within the Greif Paper Packaging & Services segment as part of its Q4 2023 results.

Greif is a global leader in industrial packaging products and services.

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Nordic Paper decides on strategic investments for Bäckhammar

منتشرشده در by Maxwell
10
شهریور

The Board of Directors of Nordic Paper has today decided to invest approximately SEK 850 m at the Bäckhammar mill. The investment will further improve sustainability performance and strengthen the competitiveness of the plant. An important component of the investment is a new wood room providing for both strategic flexibility in raw material sourcing and efficiency gains in the production. The emissions of dust to air will be reduced by more than two thirds through an installation of a new electrostatic filter. The investments are expected to add about SEK 100 m annually to Nordic Paper EBITDA. Further, the investments set the foundation for future growth in production output.

 

The investments of today’s decision are approved under the current, existing, production permit. A new production permit was granted for the Bäckhammar mill on 31 January 2023. The new production permit was appealed by a third party and has as of today not gained legal force.

 

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Ahlstrom to sell Stenay paper mill in France

منتشرشده در by Maxwell
07
شهریور

Ahlstrom has entered into an agreement to divest its Stenay plant in France to Accursia Capital, following the announcement of Accursia Capital’s binding offer in July. The divestment was confirmed after receiving endorsement from the site’s employee representatives. The transaction is expected to be completed by the end of September.

Accursia Capital aims to develop the Stenay plant in order to guarantee its long-term future and, consequently, secure the jobs of its employees.

Ahlstrom is a global leader in combining fibers into sustainable specialty materials.

Accursia Capital is an investment fund based in Munich that invests in medium-sized industrial companies.

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Reducing plastic with an eye-catching hexagonal truffle package

منتشرشده در by Maxwell
05
شهریور

Kultasuklaa is a Finnish, family owned company that has, for more than 30 years, been handcrafting chocolate treats in the village of Lasimäki. Top notch quality and premium ingredients are crucial for the company, in their chocolate bars, confections and truffles as well as in their packaging.

Chocolate is sensitive to light, heat and air. Traditionally, confections and truffles are packaged individually in plastic wrappers or into plastic trays within a box. With its new truffle packaging, Kultasuklaa wanted to reduce the use of plastic and thereby reduce the environmental impact of its products, without compromising the shelf life of its valuable ingredients.

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Sappi Europe to Maintain Prices of Woodfree Coated Paper for Remainder of 2023

منتشرشده در by Maxwell
05
شهریور

In an effort to address prevalent supply chain uncertainties and to maintain the commercial viability of its Graphic Paper business, Sappi Europe will keep prices for its Woodfree Coated Paper grades stable at today’s level for the remainder of 2023.

This commitment facilitates customers’ ability to commit to business in advance of the traditionally busier fourth quarter for the printing industry. Market conditions are similar across the region, but obviously diverge between countries and segments and as such Sappi Europe’s sales personnel is always available for these individual customer specifics.

Sappi Europe remains fully committed to serving the printing business and will work closely with our customers to ensure the best possible outcome throughout the print media value chain.

Headquartered in Brussels, Belgium, Sappi Europe is a leading European producer of coated fine paper used in premium magazines, catalogues, books and high-end print advertising.

SOURCE: Sappi Europe

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European Paper Industry Associations Pro Carton and CEPI Cartonboard to Merge

منتشرشده در by Maxwell
04
شهریور

Pro Carton and CEPI Cartonboard recently announced that they will merge into one association under the name Pro Carton. The decision follows a 12-month period of consultation.

The final merger is expected to take place mid-2024 after all legal procedures are successfully completed.

The announcement was made at the Associations’ Annual General Meeting on 16 June 2023.

The merger will create a more effective and efficient group that has a stronger voice throughout the carton industry. This will include several new working streams, each devoted to driving synergies, improving the Associations’ representation and support it offers member organizations.

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Greenply produces first fibers with new Andritz pressurized refining system

منتشرشده در by Maxwell
03
شهریور

Greenply Industries Limited has successfully produced first fibers with its new high-performance pressurized refining system from ANDRITZ at its MDF (medium-density fiberboard) production facility in Vadodara, Gujarat, India.

 

Sanidhya Mittal, Joint Managing Director, Greenply Industries Limited, says: “The pressurized refining system from ANDRITZ is highly efficient and energy saving, which is in line with our environmentally friendly production process. We would like to thank ANDRITZ and its team for their assistance during the installation and the high level of professionalism throughout the whole project.”

 

 

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