The plant has an annual capacity of approximately 12,000 tons and employs 117 people. Ahlstrom continues to explore options to divest the property.
包装纸&板
Closing New York, Ontario facilities will not result in significant headcount reduction as the vast majority of employees will be relocated within the Company’s existing operations.
Work on site is expected to start in Q3 2024 and be completed in the end of 2025.
Rengo will strengthen cooperation between Shibata Cardboard and plants directly managed by Rengo as well as Rengo Group companies, so as to further enhance the Group's corrugated packaging business in eastern Aichi Prefecture and neighboring areas.
Q2 2024 cash provided by operations of $365 million and returned $160 million to shareholders in dividends.
Stora Enso has also appointed Carolyn Wagner Executive Vice President, Packaging Solutions division.
With a capacity production of 440,000 tonnes of paper and 535 million square meters of corrugated board packaging, Schumacher Packaging employs 1,540 people in Poland.
Andrew Callahan is currently a Director at Harry’s Inc., a leading retail consumer products company, and over the past 29 years held executive leadership positions across the consumer packaged goods industry.
U.S. packaging papers & specialty packaging shipments in June 2024 increased 7% compared to June 2023. They were up 10% when compared to the same six months of 2023.
Compared to the same month in 2023, the figure advanced by 1.4%.
The new downstream facility will consist of 270,000 square feet of manufacturing space for increased capabilities and streamlined operations. Equipment within the facility will include a rotary die cutting (RDC) machine, a laminator and a specialty folder-gluer.
Georgia facility is part of Lindenmeyr Munroe’s growing network of 34 warehouses and 9 retail locations across the Northeast, Mid-Atlantic, Mid-West, Texas, and Oklahoma.
More than half of the affected employees have already secured new employment. With the closure process now focused on the sale of assets, Heinzel Group is moving forward with the disposition of machinery and equipment.
Suzano agrees US$110 million purchase of two US industrial facilities from Pactiv Evergreen Inc.
Huatai’s PM8, with a wire width of 5m and a design speed of 900mpm, will be upgraded and relocated with the goal of producing High Porosity Sack Paper with 100% virgin fiber and other grades with a portion of OCC.
Over the last 12 months, the all items index increased 3.0% before seasonal adjustment.
This financing will aid the company's Euro 1 billion investment in the Oulu mill in Finland.
Currently, both companies are engaged in extensive trials involving actual products to evaluate the effectiveness of the new papers.
Based on the actual captured production data and usage of the corrugator, Pro/Care identifies, plans, and instructs which pending maintenance tasks need to be carried out and when.
Newly formed company Smurfit Westrock made its debut on the New York and London stock exchanges.