Lower consumer confidence and spending reduce packaging volumes, while transportation and fuel surcharge volatility increase operating costs.
Packaging Paper & Board
Nearly 5,300 employees now across 39 countries as fiber-based solutions integrate into existing capabilities.
System targets moisture management to improve board consistency and reduce waste.
Restructuring delivers $8 to $12 million in annualized savings while shipment volumes remain unchanged.
Company operates 19 tube and core plants and five paperboard mills across Europe.
Marco Bertola continues as Global CEO as new ownership promises greater R&D investment and market expansion.
Martin á Porta named Deputy Chair as committee leadership assignments confirmed at constitutive meeting.
Acquisition adds 49,000 ft2 corrugated packaging facility as existing leadership team stays in place.
New slitting and distribution site will serve Northern and Eastern India and will complement the Mumbai terminal opened in 2024.
Norwegian government agency plans 25- to 30-year cleanup at Halden industrial site with handover set for 2028.
New leader brings 25 years of food and packaging experience as Group continues regional investment.
Executive vice president with 28 years at Koch companies succeeds Mark Luetters as Vivek Joshi takes consumer products role.
New solution combines barrier papers with biodegradable coating to deliver grease resistance at low coat weights.
New operator moves into connected facility at PW05 site to complete on-site value chain.
New hire brings Ecolab and Lyreco leadership experience to drive commercial growth across Ireland and UK.
Operating rate climbs 4 points to 83.9% as unbleached segment leads growth, while bleached food wrapping declines 1.5%.
Coalition represents 1,500 companies and Euro 120 billion in annual turnover across seven European trade associations.
New 468,000 ft2 plant in Brandon to replace existing Richland operation with operations set for Q4 2027.
Forty-seventh acquisition adds food packaging specialists and proprietary steaming technology to distributor's portfolio.
Company enters forbearance agreement with over 70% of noteholders as European paper industry faces structural demand decline.