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
Green packaging and tissue products producer Cascades will shut down its packaging facility in Maspeth, New York, US. The company has decided to close Maspeth packaging plant, as part of its efforts to modernize and optimize operations in ...
Tags: Green packaging, tissue products
Green packaging and tissue products manufacturer Cascades is investing $80m to build a new containerboard packaging facility in Piscataway, New Jersey, US. The new center, which is due to start operations in 2018, will produce corrugated ...
Tags: packaging, tissue products
Corrugated packaging company Smurfit Kappa has reported a drop in second-quarter profit but said its revenue increased, due to strong demand in majority of markets. The company's pretax profit during the three months ended 30 June 2017, ...
Tags: Corrugated packaging, packaging
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
RISI announced that the China RCP Conference will combine with international containerboard expertise to provide a holistic view of the market dynamics of Containerboard. Named the 6th International Recycled Fiber and Containerboard ...
Tags: Containerboard, Fiber
Containerboard and corrugated packaging products producer KapStone Paper and Packaging has released its fifth annual sustainability report which shows ongoing progress towards meeting its 2020 sustainability goals. Conforming to the ...
Tags: KapStone Paper, Packaging
International Paper has agreed to settle the Kleen Products antitrust class action lawsuit, which was filed in 2010 against it and seven other containerboard producers. The lawsuit is pending in the US District Court for the Northern ...
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 ...
US-based corrugated packaging firm WestRock has completed the acquisition of Multi Packaging Solutions International (MPS) for a total enterprise value of $2.28bn. Under the deal, WestRock purchased all of the outstanding shares of MPS ...
Tags: corrugated packaging, WestRock
Mondi is set to showcase a range of advanced packaging solutions at the RosUpack 2017 event in Russia. The event will take place from 20 to 23 June in Moscow. At the event, the firm will exhibit various packaging solutions, including ...
Tags: Mondi, Packaging Solutions
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
Thai Containers Group (TCG), a joint venture between Rengo and SCG Packaging Public Company, has acquired an 80% interest in PT Indocorr Packaging Cikarang. PT Indocorr, which operates in eastern Jakarta, produces corrugated packaging ...
Tags: Rengo, Corrugated Packaging
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