Labels, tags - Market news and analysis

August 17, 2017

UPM Raflatac joins Sustainable Packaging Coalition

UPM Raflatac has reinforced its commitment to building a more sustainable world by joining the Sustainable Packaging Coalition® (SPC), as the company said in the press release received by Lesprom Network.The SPC is a membership-based collaborative led by an independent non-profit that believes in th...
August 16, 2017

Combined revenue of 50 biggest Russian wood based companies increased 17.5%

In 2017, a 50 companies make it onto 9th annual ranking of Russia's largest forest based companies, published by the Russian woodworking journal Lesnaya Industriya. Taken as a group, these companies have combined revenues of 482.8 billion roubles ($5.19 billion), up 17.5% from previous ranking. Ilim...
August 7, 2017

UPM Raflatac acquires the assets of Southwest Label Stock

UPM Raflatac has completed its acquisition of the assets of Irving, Texas-based Southwest Label Stock. Both parties have agreed not to disclose the purchase price or other transaction details. This acquisition will allow UPM Raflatac to expand its reach in the Texas and the Southwestern U.S. label m...
August 4, 2017

Neenah Paper's 2Q net sales increased by 1% to $248.7 million

Neenah Paper's consolidated net sales increased 1% to $248.7 million in the 2Q 2017, compared with $246 million in the 2Q 2016 primarily due to increased volumes and a higher value mix of products sold.Operating income of $29.2 million in 2017 declined from $33.9 million in 2016. The decline was pri...
July 27, 2017

Constantia Flexibles sells its Labels division to Multi-Color

Constantia Flexibles has signed an agreement to sell its Labels division to Multi-Color Corporation for an enterprise value of approximately Euro 1.15 billion ($1.3 billion). The transaction is expected to be completed in the 4Q 2017, subject to regulatory approvals, as the company says in the press...
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