In the first nine months of the year Iberpapel reported revenue of Euro 230.79 million, year-on-year growth of 40.17%, thanks to the price strategy implemented by the company to address the unstable macroeconomic and geopolitical environment.
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The Mayr-Melnhof Group (MM) has sold its two Packaging sites in Russia, St. Petersburg and Pskov, to the local investor Granelle following approval by the governmental authorities. The selling price amounts to approx. EUR 134 million. In 2021, the plants generated combined sales of approx. EUR 124 million. .
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Canfor Pulp Products Inc. announced the immediate curtailment of its Intercontinental Pulp Mill, which is expected to be in place for four weeks. The curtailment is due to the lack of available economic fibre as a result of sawmill curtailments. The downtime will remove approximately 24,000 tonnes of market kraft pulp.
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Germany’s Felix Schoeller Group intends to substantially expand the capacities of its plants in the USA and Canada from 2023 in three stages. Its North American decor paper capacities are planned to more than double in the course of the next three years.
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DS Smith plans to invest €120m in the expansion and modernisation of its three German plants in Nördlingen, Arenshausen and Arnstadt.
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Valmet expands its global social responsibility program initiated in 2020 with new area-specific local projects around the world.
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Mondi, a global leader in sustainable packaging and paper, has worked with FRESH!PACKING, to design an innovative cooler bag, to protect and transport chilled or frozen goods home by consumers.
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Sappi Europe announced an upgrade and modernization project at its Gratkorn mill in Austria. The project will focus on Paper Machine 11 (PM11), which will undergo extensive modernization of automation and electrical equipment including drives, control systems, quality control and inspection systems as well as upgrades to the coating profile and other areas.
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C-Green has been selected by CMPC, one of the world’s largest pulp and paper companies, and Foresight Canada, Canada’s cleantech accelerator, as winner of the Pulp Mill Sludge Efficiency Challenge, a competition seeking innovative solutions to handling wastewater sludge.
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Finnish and American paper packaging manufacturers eye acquisition of EU factories of Russian Segezha Group
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A number of Finnish and American paper packaging manufacturers are interested in the acquisition of European assets of the Russian timber and paper holding Segezha Group
That has been recently confirmed by company’s president Mikhail Shamolin.
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Michigan Strategic Fund Approves Support for Billerud’s Escanaba Mill Transformation Project
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Billerud U.S. Production Holding LLC is a subsidiary of Billerud, a leading paper and packaging provider headquartered in Sweden. The company has about 5,800 employees worldwide, with more than 1,200 employees in Michigan. Earlier this year, Billerud acquired Ohio-based Verso Corporation, a leading producer of coated paper in North America as part of its global strategy.
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Valmet and Opal have agreed to extend the Mill Maintenance Operations Agreement and thus continue the long-term co-operation for mill maintenance services at Opal’s B9 board making line in Sydney, New South Wales, Australia. The Valmet-supplied B9 started up in 2012. After the start-up, Valmet took the responsibility of the establishment of maintenance operations, site maintenance services and specific performance optimization projects.
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ProJet will deliver a new dry end Tail Cutter to PCA, Tomahawk, Wisconsin.. The order was included in ProJet’s December 2022 orders received. .
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Toscotec to supply first tissue line to Indian Paper and Board manufacturer Gayatrishakti
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Toscotec will supply a complete AHEAD 1.8 tissue machine to Gayatrishakti Tissue to be installed at their paper mill in Vapi, Gujarat. The Indian manufacturer is entering the tissue market with this new line slated for start-up in 2024.
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Lecta has announced a price increase of 8% for all of its thermal paper ranges. The new prices will be applied in all markets on deliveries from February 1, 2023.
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Crown Paper Group today announced that Will Lindsay has been named Chief Executive Officer, effective December 19, 2022.
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Mondi announced the start of production at its EUR 16 million greenfield kraft paper bag plant in Morocco, which can produce 100 million paper bags each year.
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Felix Schoeller Group to invest over $100 million to expand capacity in North America by 2025
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Felix Schoeller Group plans to invest more than $100 million in expanding its capacity in North America by 2025. Starting in 2023, capacities at the company’s sites in the USA and Canada will be significantly expanded in three steps
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Stora Enso strengthens its focus on specialized pulp grades by investing EUR 38 million in unbleached kraft pulp (UKP) production at its Enocell site in Finland and EUR 42 million in fluff pulp production improvement at its Skutskär site in Sweden.
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4evergreen alliance launches landmark industry tool to assess fibre-based packaging recyclability
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The 4evergreen alliance has published the beta version of its Fibre-Based Packaging Recyclability Evaluation Protocol, part one for standard mills. This landmark tool will help the entire value chain enhance and harmonize how it evaluates the recyclability of existing and future packaging products.
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