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آرشیو برچسب های: WestRock Company

WestRock and Engie sign agreement to add renewable energy to US grid

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.

 

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Heidelberg supplies WestRock with two longest sheetfed offset presses ever produced

Heidelberger Druckmaschinen AG has delivered the two longest sheetfed offset presses ever produced to leading global packaging manufacturer WestRock. The longest, delivered to WestRock’s Tczew, Poland facility, is a 42 metre, specially adapted custom configuration of a Speedmaster XL 106 with a total of 20 printing and coating units.

This record-breaking press represents a key Heidelberg business strategy: “We help our customers simplify their printing processes and boost their productivity by offering them a high level of automation and flexibility, something that is especially important at a time when the skills shortage is becoming more acute worldwide,” says Heidelberg CEO Dr. Ludwin Monz. This business strategy is increasingly paying dividends. With annual growth of approximately 2.3 percent forecast, the folding carton market is a strategic growth segment for Heidelberg.

 

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Smurfit Kappa and Westrock merger deal would create the largest containerboard producer in the world

Smurfit Kappa Group CEO Tony Smurfit said that the combination of Smurfit Kappa and WestRock is a promising and complementary deal.

The two companies signed a definitive agreement to combine in what would create a $34 billion company with 23 million tons of mill capacity and 500 converting plants focused on containerboard, as well as a large consumer packaging business. The combined companies would be the largest containerboard and boxmaking company in the world.

If the deal is finalized, the new combined company is to be called Smurfit WestRock.

“(This) combination has a lot of merit,” said Smurfit from Ireland on Sept. 12.

 

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WestRock Announces Plans to Close Pulp and Paper Mill in Tacoma, Washington

WestRock today announced it will permanently cease operating its paper mill in Tacoma, Washington, and will conclude production by September 30, 2023.

WestRock is committed to improving its return on invested capital as well as maximizing the performance of its assets. The combination of high operating costs and the need for significant capital investment were the determining factors in the decision to cease operations at the mill.

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