Hiang Seng Fibre Container Co., Ltd. has chosen to rely on A.Celli for a complex and highly technological rebuilding intervention on their PM5 located in Bangkok, Thailand.
A.Celli know-how will make it possible to rebuild the PM5 headbox, converting it from single to double-layer with the aim of improving the testliner printability.
Huhtamaki is making a significant investment in its Paris, Texas facility in the U.S. The investment consists of an expansion of its manufacturing capacity as well as a consolidation of an external warehouse. The investment into production assets is approximately $30 million, and the warehouse and manufacturing facility will be leased. This will significantly increase the North America business segment’s capacity in folding cartons to support the growth of the Foodservice business.
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Over the last two decades, technology has become part of almost every facet of our lives. The expansion of broadband, smartphones and portable technology has changed how we communicate, access information, work and learn.
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Billerud expects the EBITDA for the 2023 second quarter to be SEK 100-200 million. The lower result is mainly due to significantly lower sales volume and revaluation of finished goods inventory. Billerud also announces a raised ambition for its efficiency program and a changed financial reporting structure.
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Sylvamo is announcing a senior leadership change for its Latin America division.
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