Finnish packaging producer Huhtamaki plans to concentrate its production in China at fewer locations.
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Reno de Medici’s (RDM) cartonboard plant in Villa Santa Lucia in Italy is up and running again.
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Paper sack producer Advanced Industries Packaging (AIP) will divest its Turkish sack plant in Izmir.
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The price hike attempt targets deliveries as of the start of the second quarter.
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DS Smith Packaging has provided more details on the closure of the Louth site, affecting 70 staff.
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British paper and packaging company DS Smith has unveiled a £48m (€56m) investment in a new fibre preparation line (F-line) for the PM 3 at the Kemsley paper mill in Kent.
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The British recovered paper industry continues to face weak demand and low collection volumes as well as the ongoing shipping crisis in February.
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In January, the Ministry of Trade of Turkey has requested safeguard measures within the WTO regulations regarding imports of corrugated case material, mainly from Europe.
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The closure of Reno de Medici’s (RDM) Villa Santa Lucia board mill in Italy has been averted.
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Italian specialty paper manufacturer Fedrigoni is further expanding its business and has now announced its third acquisition this year.
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Production of pulp, paper and board has suffered from an adverse economic context and long-lasting movement of destocking.
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Metsä Group’s tissue and greaseproof paper business is rapidly expanding its production platform.
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Canfor Pulp Products will part with the Taylor BCTMP pulp mill site. The mill has been standing idle for more than two years.
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Holmen Group’s 2023 earnings were nowhere near as strong as they had been in the previous year.
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DS Smith confirms that it has received “a highly preliminary expression of interest from Mondi regarding a combination with DS Smith.”
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The acquistion by Mondi is to secure the future of the Hinton pulp mill while supporting Mondi’s growth in North America in the kraft paper segment.
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With Paul Sanderson at the helm, TRA is repositioning itself
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Paper, packaging and visual communications materials distributor Antalis has signed a binding agreement to acquire packaging distributor Pakella, based in Riga, Latvia.
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Due to the continued weak and uncertain market environment, Stora Enso plans to initiate a new profit improvement programme targeting annualised €80m improvement of the operational EBIT.
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The strikes announced in Finland for 1-3 February 2024 will also affect companies in the paper and the whole forest products industry.
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