Electronics For Imaging (EFI) has acquired UK-based firm Escada Systems for an undisclosed sum. Escada, which also carries out operations in the US, provides corrugator control systems for the packaging market. The acquisition will ...
Belgium firm VPK Packaging Group and German firm Klingele have unveiled plans to further invest in Scandinavian packaging firm, Peterson. Based on existing European collaboration, the firms have decided to invest in Peterson to expand the ...
Tags: VPK Packaging, Packaging
Dunapack Packaging, a unit of Austrian Prinzhorn Group, has signed an agreement to acquire corrugated business of packaging producer Camis Ambalaj Sanayi in Turkey. Financial terms of the deal were undisclosed. Camis Ambalaj Sanayi ...
Tags: Dunapack Packaging, agreement, Camis Ambalaj
Toscotec has installed its PM1 machine at the Rossmann Group’s Papeterie Sical facility in Nord-Pas-de-Calais, France. The PM1 machine has been installed at the facility to produce container board products. The machine, which has ...
Tags: TOSCOTEC, Nord-Pas-de-Calais
Kruger Packaging has selected ABB to provide engineered solution and services for a paper machine rebuild project at Trois-Rivières Mill in Quebec, Canada. Kruger Packaging is investing C$250m ($188.6m) to convert the No. 10 ...
Tags: Kruger, ABB, Engineered solution, Paper machine rebuild project
Mondi Group has agreed to acquire the Simet corrugated plant located in Grabonóg, near Poznań in Poland. The plant is designed to produce a wide range of flexo printed packaging including American cases, die-cut and multipoint ...
International Paper (IP) will exit from Chinese coated board joint venture (JV) by selling its 55% stake to JV partner Shandong Sun Holding for $23m. The IP-Sun JV operates one manufacturing facility with four paper machines in Shandong ...
Kruger Packaging will invest C$250m ($188.6m) to convert the newsprint machine at its Trois-Rivières mill in Canada to produce lightweight linerboard. The project is being backed by a C$190m ($143.3m) funding from the ...
Tags: Kruger Packaging, linerboard, containerboard
Atlantic Packaging Products and StandFast Packaging have created a sheet feeder joint venture (JV) in Carol Stream, Illinois. Called BlackHawk Corrugated, the JV is expected to commence operations in late 2015 and support the region ...
Tags: packaging markets, box plants, Agriculture
A deferred payment of around $7.5m (4.6m) is to be made at a later date to Bates, which employs 320 people and has a 135,000 tonnes of containerboard requirement. The deal, which will be funded from Smurfit Kappa’s cash reserves, is ...
Tags: Smurfit Kappa, Deal, Printing
In March, continental buyers of recycled containerboard made some unexpected headway in offsetting €10/tonne of the €20/tonne increase that took effect last Autumn. That increase was so small that there was virtually no attempt to ...
The full colour, single pass press incorporates drop-on-demand inkjet technology using aqueous inks. The Corrstream comes in three ranges: 66, 40 and 20. Sun has linked up with an unnamed partner for the print heads. Mark Eaton, Sun ...
The gap between Kraft and Testliner prices had grown and hence a narrowing made sense. Foreign Kraft producers found the UK market increasingly attractive…which raised supply. There has been a further switch out of Kraft into the less ...
The Western and Eastern European market is finding recycled containerboard in increasingly tight supply: The sun has been shining in much of Europe and demand is up…helping to bring the Eurozone out of a long recession. Testliner ...
The group also posted a 60% rise in underlying earnings per share (EPS) to €49.4 cents for the six months ended June 2013. Group revenue rose to €3.342bn from €2.819bn. Underlying operating profit was 35% higher at ...