Packaging Corporation of America has reported third quarter 2017 net income of $139m or $1.47 per share and $1.68 per share excluding special items. Third quarter net sales were $1.6 billion in 2017 and $1.5 billion in 2016. Special ...
Tags: Packaging, Special items
Paper and packaging firm Smurfit Kappa has acquired Russia-based corrugated packaging company, Soyuz, for an undisclosed sum. Based in Moscow, Soyuz manufactures corrugated packaging products for a range of sectors. It has around 300 ...
Packaging Corporation of America (PCA) has agreed to purchase all assets of Sacramento Container and acquire 100% membership interests of Northern Sheets and Central California Sheets for $265m. As per the agreement, PCA will take over ...
Tags: Packaging, Sacramento Container
US based pulp and paper company Georgia-Pacific (GP) has acquired PAX Corrugated Products to expand its corrugated packaging business for an undisclosed sum. With a workforce of over 100 staff in Lebanon, Ohio, PAX operates a corrugated ...
Packaging Corporation of America (PKG) has reported sales of $1.6bn for the second quarter of this year, compared to $1.4bn for the same period last year. The company reported a net income of $143m for the period, compared to $115.9m in ...
Tags: Packaging, containerboard
US corrugated packaging firm WestRock has agreed to acquire all the assets of New York-based Island Container and an affiliate named Combined Container Industries. Island Container and Combined Container are independent producers of ...
WestRock has agreed to acquire five corrugated converting facilities from U.S. Corrugated for about $192m. The deal includes facilities located in Ohio, Pennsylvania, and Louisiana. The facilities are used to offer a suite of products ...
Tags: WestRock, corrugated converting
Packaging Corporation of America has reported first quarter 2017 net income of $117m or $1.24 per share and $1.27 per share excluding special items. First quarter net sales were $1.5 billion in 2017 and $1.4 billion in 2016. Reported ...
Tags: Packaging, special items
KapStone Paper and Packaging reported preliminary results for the fourth quarter and year ended December 31, 2016. As compared to 2015's fourth quarter, results for 2016's fourth quarter: Net sales of $777 million, up $13 million, or 2 ...
Tags: KapStone Paper, Packaging
Smurfit Kappa UK has acquired Saxon Packaging, as part of its efforts to expand operations in the region. Based in Lowestoft of Norfolk, Saxon designs and produces corrugated products, cardboard packaging and boxes. The company provides ...
Tags: Smurfit Kappa, Saxon Packaging
KapStone Paper and Packaging Corporation reported results for the third quarter ended 30 September 2016. Third Quarter Operating Highlights Consolidated net sales of $777 million in the third quarter of 2016 were $31 million, or 4 ...
Packaging Corporation of America (PCA) has acquired all the assets of independent corrugated products provider TimBar for $386m. TimBar provides solutions to customers in the higher margin retail, industrial packaging, and display and ...
Packaging Corporation of America has signed an agreement to acquire independent corrugated products producer TimBar for $386m. As per the terms of the deal, PCA will acquire TimBar's five corrugated products plants, two fulfillment ...
Tags: corrugated products, Packaging
DS Smith is expanding its market share in Spain after agreeing to buy Spanish company Grupo Lantero's corrugated products business. The recyclable corrugated packaging provider said the €190 million purchase, including assumed debt, ...
Tags: DS Smith, corrugated packaging
New-Indy JV, a joint venture between Kraft Group and Schwartz Partners, will acquire High Point-based corrugated products company Carolina Container for an undisclosed amount. The acquisition of the company, that employs more than 600 ...
Tags: raw material access, existing trading strategy, Agriculture