Huhtamaki has completed the acquisition of full ownership of its joint venture company Laminor S.A. in Brazil. Laminor is specialized in high-quality tube laminates, particularly for oral care applications, and was set up in 2002 as a 50/50 joint venture together with Bemis Company, which is now part of Amcor.
AR Packaging group companies will in the tender offer purchase more than 37% of the share capital of BSC Drukarnia Opakowań. With a stake of 98.17% in the Polish cartonboard packaging producer, AR Packaging aims to fully integrate the company and thereby further strengthen its strategic position in Central and Eastern ...
Björn Wahlroos was re-elected as Chair, and Berndt Brunow as Deputy Chair of the Board of Directors of UPM-Kymmene Corporation.
Holmen's Board of Directors has decided to postpone the Annual General Meeting (AGM), which was planned to be held on March 30, 2020 in Stockholm, Sweden. Holmen will invite to the AGM no later than four weeks before the new date. The meeting will be held no later than June 30, in accordance with applicable legislatio...
The company will continue to run its Papers and Forestry businesses in Brazil.
Valmet will supply a new sizing section with a hard nip sizer to Asia Paper Manufacturing at Sihwa Mill in the Republic of Korea. The main target for the rebuild of paper machine PM 1 is to increase strength properties of produced container and gypsum board grades. The start-up of the rebuilt paper machine is scheduled...
Valmet and Orora Limited have signed a multi-year Mill Maintenance Outsourcing (MMO) agreement to continue taking care of the site maintenance of Orora’s Botany B9 board making line in New South Wales, Australia.
New-Indy Containerboard has chosen technology leader ABB to provide the integrated electrical and automation systems and equipment for its Columbia paper machine rebuild in Catawba, South Carolina, USA. New-Indy Containerboard is rebuilding its paper machine 3 to diversify its product capabilities.
Resolute Forest Products Inc. provided an update on the impact of the COVID-19 situation to its business. The company will adjust capacity dynamically based on the conditions and rapid evolution of the situation, but most of the capacity reduction is expected to come from the wood products and paper segments.
Arvid Nilsson and BillerudKorsnäs join forces to reduce plastic waste on construction sites with a new innovative, water-resistant box made of super-strong cartonboard. The box packs and dispenses nuts, bolts and screws and is a sustainable alternative to plastic boxes.
Valmet will supply key board making technologies to Sri Andal Paper Mills for its new containerboard making line, located in Tamil Nadu, India. The start-up of the machine is scheduled for the first half of 2021.
Based on the development of the coronavirus situation and the announcements by the Finnish Government, Stora Enso has decided to cancel its Annual General Meeting on 19 March 2020.
Segezha Packaging, which consolidates the European paper packaging production facilities of Segezha Group (part of Sistema JSFC) continues the implementation of the digital industrial technologies into the production processes.
Mac Papers announced the sale of its businesses to Monomoy Capital Partners, a New York City-based private equity firm. The sale includes Mac Papers, Inc., Mac Paper Converters, Inc. and All Square Digital Solutions, Inc. Terms of the transaction were not disclosed.
In response to the COVID-19 outbreak West Fraser is taking steps to protect its employees and respond to changing market conditions. Effective March 23, lumber production will be reduced at western Canada sawmills by approximately 18%, or 12 million board feet per week and lumber production at the company’s U.S. South ...
ABB to will replace the dry end drive system for paper machine 12 (PM12) at WestRock's paper mill in Longview, Washington. This includes upgrades to PM12's drives and motors, and the installation of the ABB Ability™ System 800xA control system.
Verso Corporation announced that its Board of Directors has elected Verso's CEO, Adam St. John, to serve also as the company's President, effective immediately.
U.S. packaging papers & specialty packaging shipments in February 2020 increased 2% compared to February 2019. They were down 1% when compared to the same two months of 2019.
U.S. boxboard production in February decreased 1% compared to February 2019. It was down 1% when compared to the same two months of 2019. The boxboard operating rate was 93.7%, essentially flat (+0.2 pts.) from February 2019 and up 1.3 points year-to-date.
U.S. containerboard production in February increased 10% compared to February 2019. It was up 7% when compared to the same two months of 2019.