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Japan’s assembled flooring up 26% in September

The value of September 2017 Japan’s imports of wooden flooring up 26% from levels in September 2016 but dipped when compared to a August imports (-12%).For September 2107 HS 441875 accounted for 70% of Japan’s assembled flooring imports followed by HS 441879 at 25%. Shippers in China dominated Septe...

UPM Raflatac introduces new Forest Positive concept and RAFNXT+ range of sustainable labeling

UPM Raflatac is introducing to the European market a unique lifecycle approach called Forest Positive along with RAFNXT+, a next-generation solution for sustainable packaging.Forest Positive brings significant benefits for nature because it not only ensures net zero deforestation, but is also proven...

Verso Corporation reports 3Q net sales of $621 million

Verso Corporation reported financial results for the 3Q 2017, including net sales of $621 million, net income of $4 million, and adjusted EBITDA of $47 million. Net sales for the 3Q 2017 decreased by $54 million, compared to the 3Q 2016. Gross margin, excluding depreciation, amortization, and deplet...

EPAL introduced quality-assured EPAL chemical pallets

With the maxim “the chemistry is right”, the European Pallet Association e.V. (EPAL) is launching the independently quality-assured EPAL CP pallets at its press conference in Düsseldorf, Germany. This expands EPAL’s existing and highly successful load carrier portfolio with nine more quality-assured...

Mayr-Melnhof's divison MM Packaging acquired folding carton site in Bydgoszcz, Poland

Mayr-Melnhof's divison MM Packaging acquired the folding carton site of ASG Poland in Bydgoszcz, Poland, in form of an asset deal for around Euro 9 million. The company produces packages for cosmetic and personal care products. The folding carton company most recently generated annual sales of aroun...

DS Smith opens first Impact Centre in Iberia

DS Smith, Europe’s leading packaging strategist, has opened its first Impact Centre in Iberia. The brand-new facility was officially opened on November 13th and is located in Torrejon de Ardoz, Spain, as the company said in the press release received by Lesprom Network.The new premises will provide ...

Homag names Andreas Denker as Executive Vice President Global Sales and Marketing

Andreas Denker joined the Homag Group's top management team as Executive Vice President Global Sales and Marketing. In his capacity, and as member of the executive committee, he reports to CEO Pekka Paasivaara, who had been overseeing the Global Sales & Marketing field as an additional role unti...

Sappi to increase prices on woodfree grades by 6-8%

Due to continuing input cost increases and unsustainable profit levels, Sappi is forced to continue passing on this cost inflation by increasing its woodfree grades prices by 6-8% effective on deliveries from January 1st 2018 for all European markets.Despite strong order books margins continue to be...