n article by Atlantic Packaging, featuring an interview with Design Manager Phil Watson, explores the dynamic and evolving world of corrugated packaging design.
خواندن ادامه مطلبآرشیو برچسب های: corrugated packaging
05
آذر
آذر
Rengo Co., Ltd. announces that it has acquired 30% of the shares in Velvin Containers Private Limited, a corrugated packaging manufacturer in India. Due to Rengo’s equity participation, the company will change its name to Velvin Rengo Containers Private Limited.
The company is part of Velvin Group, which manufactures and sells corrugated packaging, paper bags, paper cups, etc. in Mumbai, Goa, and Pune in western India, and was established near Chennai in Tamil Nadu to expand business in southern India. The company is currently constructing a corrugated plant with the aim of starting partial operations in March 2024.
India now has the world’s largest population as of 2023 and is actively promoting its manufacturing industry, so demand for the corrugated packaging market is expected to grow significantly. Rengo’s equity participation in the company will produce synergies with Rengo Group companies in Japan and overseas and further enhance Rengo’s global strategy.
خواندن ادامه مطلب
23
آبان
آبان
Unicorr Packaging Group today announced the acquisition of TriState Container Corporation.
Financial terms of the deal were not disclosed.
For over 70 years, TriState has provided corrugated packaging products and services to customers located in the Northeastern United States. The company operates out of three facilities in the Philadelphia-area. TriState has the capabilities to manufacture highly customized corrugated packaging of any size, including high-graphic packaging products through its ProCorr brand, and has recently installed a single-pass digital press.
The acquisition will expand Unicorr’s manufacturing footprint into Pennsylvania, offering increased capability and flexibility for both Unicorr and its customers.
23
آبان
آبان
- WestRock Co (NYSE:WRK) announces a net income of $110 million for Q4, with adjusted net income at $210 million.
- Net sales reached $5.0 billion in Q4, despite a 7.7% decline from the previous year.
- Full-year 2023 net loss reported at $1.6 billion, with adjusted net income of $778 million and consolidated adjusted EBITDA of $3.0 billion.
- Corrugated Packaging segment Adjusted EBITDA increased by 13.0% compared to Q4 of fiscal 2022.
On November 9, 2023, WestRock Co (NYSE:WRK), a leader in sustainable paper and packaging solutions, disclosed its financial results for the fourth quarter and full fiscal year ending September 30, 2023. The company faced a challenging quarter with net sales of $5.0 billion, a decrease of 7.7% from the same period last year. Despite these challenges, WestRock reported a net income of $110 million and an adjusted net income of $210 million for the quarter. The company’s full-year 2023 results showed a net loss of $1.6 billion, significantly impacted by a $1.9 billion pre-tax, non-cash goodwill impairment and $859 million of pre-tax restructuring and other costs. However, adjusted net income for the year stood at $778 million, with consolidated adjusted EBITDA reaching $3.0 billion.
26
مهر
مهر
Georgia-Pacific completed a $175 million investment into its Dixie tableware facility in Darlington, South Carolina, and held a ribbon-cutting ceremony and community celebration. The improvements will expand its plate and bowl production operations to meet customer and consumer demand for these popular disposable household products. The Darlington facility now has additional printing capability, state-of-the-art plate presses and a new finished goods warehouse. Georgia-Pacific, through this investment, is striving to be a preferred partner for suppliers, customers, and the Darlington community. The expanded facility also created 100 new full-time jobs. The facility currently has 500 total employees.
05
مهر
مهر
The development programme for Metsä Board’s white kraftliner mill in Kemi has been completed in parallel with Metsä Fibre’s new bioproduct mill. Metsä Board and Metsä Fibre are part of Metsä Group. In addition to increasing the mill’s capacity by 40,000 tonnes per year, the development programme will reduce the mill’s energy consumption by 5% and water consumption by around 40% per tonne produced.
The Kemi paperboard mill is the world’s largest producer of coated white top kraftliner and its products are used as a surface material for corrugated packaging worldwide. The development programme will increase Kemi’s annual production capacity of white kraftliners to 465,000 tonnes, with the majority being sold in Europe and North America.
28
شهریور
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.
22
شهریور
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.
14
مرداد
مرداد
Hood Container Corporation has acquired the corrugated packaging business of Dalton, Georgia based Sustainable Printing LLC. The transaction includes all printing, converting, and ancillary equipment located in Dalton. Hood will continue operating these assets in the current facility.
These assets complement Hood Container’s Southeastern footprint creating greater corrugated capacity and enhanced production capabilities in the Georgia and Tennessee region. This acquisition increases Hood Container’s digital print production footprint and will allow the company to continue expanding its corrugated converting capabilities.
خواندن ادامه مطلب
25
تیر
تیر
Rengo Co., Ltd. announces that its consolidated subsidiary, Tri-Wall Limited, has established a subsidiary in Suining City, Sichuan Province, China through its wholly owned subsidiary. The new subsidiary, Tri-Wall Bozheng Packaging Technology Co. Ltd., manufactures and sells heavy duty and general corrugated board and cases, and has started operation of its plant.
خواندن ادامه مطلب
22
تیر
تیر
The Logson Group, the UK’s largest independent supplier of corrugated packaging, announces the acquisition of a majority shareholding in Durham Box, an independent sheet plant based in County Durham.
The existing management team will remain with the business, continuing to lead Durham Box as a stand-alone business within the Logson Group.
Dan Morris, Managing Director, Durham Box, says: “I am incredibly excited to lead Durham Box into the next phase of its journey. Since being started by my parents in 1989 we have achieved great things as an independent family-run business.”
خواندن ادامه مطلب
07
تیر
تیر
Pratt Industries will officially open its new $253 million advanced manufacturing box factory in Cedar Hill, Texas, today.
At capacity, the 1.1 million square foot plant — one of the largest and most modern of the company’s 71 factories spread across 25 US states — will provide 375 full-time, high-paying, green-collar manufacturing jobs. That brings Pratt’s total workforce to 11,500.
خواندن ادامه مطلب
28
خرداد
خرداد
Staffordshire-based designer and manufacturer of corrugated packaging, Cardway Cartons Ltd, has boosted production capacity and expanded its offering with the installation of the BOBST EXPERTFOLD 165 at its 55,000 sq ft Alsager facility.
Installed earlier this year, the EXPERTFOLD 165 offers exceptional reliability and folding precision and is ideally suited to the demands of modern high-speed, high-output packing lines.
خواندن ادامه مطلب