Elopak has announced that it will build a new plant in the USA to better serve its customers in the Americas and accelerate growth in the region.
Elopak will invest around $50 million (including lease liability) in the new plant over the period 2023 – ۲۰۲۴. The investment will be financed by utilizing Elopak’s existing Revolving Credit Facility. The plant is expected to commence production in the fourth quarter of 2024 and will create more than 100 new jobs.
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Norske Skog Bruck announces successful commercial orders of the containerboard grades Testliner 3 and Fluting. This represents the introduction of 210,000 tonnes of competitive containerboard capacity to meet the growing demand for renewable and re-usable packaging. The production is based 100% on recycled fibre and will use steam from the waste-to-energy plant, which opened in April 2022.
Norske Skog Bruck is now ramping up production and expects full utilisation of 95% in the second half of 2025. The successful commercial orders of Strato Testliner 3 and Fluting mark a new era for Norske Skog and strengthen the company’s asset base and cash flow generation for decades ahead.
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