Operating performance in the quarter was strong and substantially above the equivalent quarter last year. The group increased EBITDA excluding special items by 21% to US$175 million, operating profit excluding special items by 51% to ...
Tags: Stronger Performance, EBITDA
KapStone Paper and Packaging has announced that due to seasonally softer market conditions, it will temporarily curtail operations at its Longview Mill beginning 21 December. The curtailment is expected to last seven days for the entire ...
Wood pulp and paper maker Sappi has completed the sale of its Cape Kraft Mill in Cape Town, South Africa to the Golden Era Group. The move comes on the heels of Enstra Mill's sale earlier this month. The sale of Cape Kraft Mill and ...
Tags: Sappi, Cape Kraft Mill, paper
Graphic Packaging board of directors today declared a quarterly dividend of $0.05 per share. The dividend is payable on 5 January 2016 to shareholders of record at the close of business on 15 December 2015. Graphic Packaging, ...
Tags: Graphic Packaging, folding cartons, kraft
Kraft Heinz is planning to expand its cream cheese manufacturing facility in Lowville, which will see 100 new employees being hired over the next five years. Currently, the Lowville plant, which makes Philadelphia brand cream cheese, ...
Tags: Kraft Heinz, cream cheese, food, beverage
Kraft Heinz is planning to expand its cream cheese manufacturing facility in Lowville, which will see 100 new employees being hired over the next five years. Currently, the Lowville plant, which makes Philadelphia brand cream cheese, ...
Tags: Kraft Heinz, Cream Cheese
US divisions of Coca-Cola and Pepsi are both vying for investment in Greek yoghurt producer Chobani. Any investment deal could value Chobani at US$3billion. Reuters say the yoghurt producer is after an investor who can help grow the ...
The National Hockey League (NHL) and its official energy services partner, Constellation, will extend their joint commitment to improve environmental sustainability within the sport of hockey for Kraft Hockeyville USA, the Sept. 29 ...
Tags: Lighting project, NHL green, Constellation, LED Lightings Upgrade
Feldmuehle Uetersen, a paper mill located northwest of Hamburg, will present products from its Board Solutions, Liner Options, Labelling Applications and Flexible Packaging segments at the FachPack 2015 trade fair. Since July 2015, ...
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
Kraft Heinz has expanded the recall of Kraft Singles products as the issue with the packaging film may have larger impact than it initially considered. On Thursday, the firm recalled 335,000 cases as a thin strip of packaging film is ...
Tags: Kraft, Cheese Products
Kraft Heinz Foods is recalling close to 2,068,467lb of turkey bacon products as they may have been adulterated and spoil before the “Best When Used By” date, according to the US Department of Agriculture’s Food Safety and ...
Tags: Bacon Products, bacon
The European kraft paper and paper sack industry has reduced carbon footprint per a ton of production, by 17% from 2007 and 2012, saving emissions equivalent to 17,300 car journeys around the world. This was revealed in a study recently ...
Tags: Kraft Paper, Carbon Footprint, paper sack
Sales will continue to grow as major companies roll out new products with long-lasting flavors in a highly competitive market Wallace Chung looked as if he had just stepped off a movie set. Dressed in an electric blue jacket with matching ...
Tags: Chewing Gum, chewing gum market
South Africa-based wood pulp and paper maker Sappi has sold its Cape Kraft recycled packaging paper mill to Golden Era Group. The development comes a fortnight after Sappi inked a pact to sell its Enstra Mill recycled containerboard and ...
Tags: paper maker, wood pulp, Sappi, packaging material