International Paper has announced a series of operational changes aimed at reinforcing its strategic focus on North American packaging.
خواندن ادامه مطلبآرشیو برچسب های: packaging solutions
26
خرداد
خرداد
Solidus, a leading producer of solid board and packaging solutions, has confirmed plans to permanently close its production site in Bad Nieuweschans, the Netherlands, and to realign its overhead functions.
خواندن ادامه مطلب
12
خرداد
خرداد
VPK Group is marking 25 years of operations in the UK and Ireland with a forward-looking investment plan aimed at boosting capacity, efficiency, and sustainability.
خواندن ادامه مطلب
22
آذر
آذر
Microline, an Italian company specialising in the design and development of packaging solutions for tissue products, has excelled for over twenty years in dynamic South American market, where it has a reputation for providing versatile, high-performance and high-quality machines.
The Tissue market consists in paper products in various forms, such as rolls and parallelepipedal (folded) products, manufactured using diverse techniques depending on their use: single-ply and smooth or embossed bonded multi-ply products with different purposes. The products manufactured using these materials are used in very diverse settings, such as the biomedical, cosmetics and industrial sectors. They range from hospital paper rolls to rolls for corporate cleaning, as well as toilet paper, interfolded hand towels, napkins, paper tissues and wipes. According to the forecasts, in the South American area alone, the market will grow to a value of 66 billion dollars by 2028, compared to 45 billion in 2020, with a compound growth rate of 4.6% for the 2021 – ۲۰۲۸ period.
اخبار خارجی
Multiple awards in the Americas demonstrate Smurfit Kappa’s continued excellence in innovation
05
آذر
آذر
Smurfit Kappa was honoured with the 2023 Strategic Supplier Innovation Award from the Chamberlain Group (CG), a recognition of its efforts to improve supply chain efficiency through groundbreaking technologies and sustainable packaging solutions. Smurfit Kappa’s investment in cutting-edge technology, along with its 1000 designers worldwide, enables the creation of customised packaging solutions that showcase customers’ products in the best way alongside advancing their sustainability achievements.
Five Design Awards
Smurfit Kappa also had success at the 42nd Convention of the Corrugated Association of The Caribbean, Central and South America (ACCCSA), where it distinguished itself among its peers in the Design and Booth Competition by securing five prestigious awards. One of the award-winning designs was for the eco-conscious fashion brand Guadalupe Design which needed a sustainable eCommerce solution that would convey the beauty of its products. The design team in Colombia produced a vibrant pack with stand-out print and innovative locking mechanism which can then be repurposed into a storage box.
28
آبان
آبان
Carton Group, a leading supplier of packaging solutions and a portfolio company of Waterland Private Equity, has completed a successful refinancing and made three strategic acquisitions in Italy, Germany and the UK. The company is further developing its position as a multinational player and underscoring its commitment to innovation, sustainability and design.
Carton Group started as a Waterland portfolio company in 2020. Following the two initial acquisitions of Joh. Leupold GmbH & Co. KG in Schwabach and Strobel AG in Roth, it is now taking important steps to forge ahead with its growth strategy. A group refinancing has laid a solid financial foundation for implementing the company’s ambitious plans and further strengthening its market position. On this basis, Carton Group has made three major acquisitions since September 2023, thereby expanding its portfolio and its presence on the international market: The addition of new group members Europoligrafico in Italy, noble-pac in Düren, North Rhine Westphalia, and Wrapology in London, UK, represents a transformative milestone in the development of Carton Group.
27
آبان
آبان
WestRock, a leader in sustainable fiber-based paper and packaging solutions, today announced it has entered into two virtual power purchase agreements (VPPAs) with ENGIE North America (ENGIE), a subsidiary of ENGIE S.A. and global leader in the net zero energy transition. The VPPAs are designed to add renewable energy to the U.S. energy grid and mark a step forward in WestRock’s commitment to reduce greenhouse gas emissions.
The agreements support two of ENGIE’s solar projects – Bernard Creek located in Wharton County, Texas and Chillingham Solar located in Bell County, Texas – for an aggregate of 282 megawatts (MW).
The new projects comprise one element of WestRock’s strategy to pursue a science-based target (SBT) to reduce Scope 1, 2 and 3 greenhouse gas emissions by 27.5% by 2030. Schneider Electric provided advisory services and strategy management for the WestRock and ENGIE agreements.
24
آبان
آبان
Supremex Inc. , a leading North American manufacturer and marketer of envelopes and a growing provider of paper based packaging solutions, recently announced its results for the third quarter ended September 30, 2023.
Total revenue increased by 2.8% to $69.8 million, from $67.9 million in the third quarter of 2022. Envelope segment revenue up 0.4% to $49.3 million, from $49.1 million in the prior year.
Packaging and specialty products segment revenue of $20.5 million, up 9.1% from $18.8 million last year.
خواندن ادامه مطلب
20
آبان
آبان
Specialized Packaging Group (SPG), a leading, vertically integrated provider of protective packaging products, today announced the acquisition of Monroe, Michigan-based Complete Packaging (Complete), a portfolio company of the Spell Family Office. Complete provides custom-designed packaging solutions for a diverse array of end markets, including automotive, heavy truck, energy, aerospace, defense, heavy equipment, and general industrial.
SPG, one of the largest independent protective packaging manufacturers in North America, is a portfolio company of Altamont Capital Partners. The acquisition will enhance SPG’s existing capability set by expanding the company’s engineered packaging offerings and geographic reach while adding approximately 90 employees to its 1,600-person workforce. Complete’s leadership and full workforce will continue to operate in their current locations in Detroit and Monroe, Michigan.
خواندن ادامه مطلب
21
شهریور
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.
31
مرداد
مرداد
The share of paper packaging in the estimated US$74 billion overall packaging market in the Middle East and Africa (MEA) continues to see an exponential growth with e-commerce boom and consumer preference veers to sustainable and environment-friendly solutions.
Industry experts participating at the upcoming leading B2B exhibition, Propaper 2023, said that in line with this demand growth, investments in kraft paper mills have also risen in the region in the post-Covid era, with enhanced use of paper packaging across industry verticals such as food, catering hygiene, pharma and cosmetics driving up demand
Propaper Dubai 2023 will host a large contingent of global paper and packaging companies which are at the vanguard of innovation. The show which also incorporates Super Sourcing Dubai under the auspices of the Federation of Indian Export Organisations (FIEO), will run during September 12-14 at Dubai at the Festival Arena at Dubai Festival City.
07
مرداد
مرداد
DS Smith announced a significant investment plan to be implemented in the next two years across its three packaging sites in Greece. The EUR 33.9 million investment is focused on equipment upgrades including purchasing state-of-the art machinery for innovative packaging to boost productivity as part of the company’s growth strategy in the East European market.
Starting with upgrades at Ierapetra’s Box Plant this summer, the investments will not only advance packaging capabilities, but also create a safer working environment. Investment into other sites located in Ancient Corinth and Thessaloniki will also see the modernization of equipment and minimize raw material waste.
خواندن ادامه مطلب
04
مرداد
مرداد
Brazil’s COBAP completed the modernization process of its PM#1. Hergen has supplied a set of equipment for the modernization of the press section and the installation of a new drive concept for the drying section. The upgrade project provided by Hergen focused on increasing production capacity by increasing the dry content arriving to the drying section, enabling the machine to operate at 600 m/min in the future.
خواندن ادامه مطلب
01
مرداد
مرداد
Mondi, a global leader in packaging and paper, is investing €۱۶ million in new technology to produce a new packaging range called FunctionalBarrier Paper Ultimate. This ultra-high barrier paper-based solution for food meets growing customer demand for sustainable packaging that contributes to a circular economy.
خواندن ادامه مطلب
24
تیر
تیر
Billerud has agreed with the investment company Mimir Group about a divestment of Managed Packaging, which offers packaging solutions to global brand owners.
Terms of the deal were not disclosed.
خواندن ادامه مطلب