Finland-based pulp and paper manufacturer Stora Enso is planning to consolidate its corrugated packaging manufacturing in Finland to its Lahti facility. The consolidation plan is part of the company’s plan to improve profitability ...
Tags: Stora Enso, consolidation, Lahti plant
Pulp and paper manufacturer Stora Enso is investing €6.6m in the corrugated packaging business in Sweden in a bid to increase competitiveness. The investment is also part of the company’s efforts to improve printing quality and ...
When we were drafting and seeking public comment on the rules that will implement the FDA Food Safety Modernization Act (FSMA), we promised that we would do whatever we could to help the regulated industry understand and meet the new ...
Tags: FSMA, guidances, foodborne illness
Resolute Forest Products, along with Serres Toundra, has entered into a definitive agreement with CO2 Solutions to deploy leading enzyme-enabled carbon capture technology at Resolute's Saint-Félicien pulp mill. The C$7.4 million ...
Tags: Resolute Forest Products, Serres Toundra, CO2 Solutions
Operating profit excluding special items was strong at $97m despite the third quarter being seasonally the weakest due to the summer holiday period in the northern hemisphere and the scheduling of annual maintenance work during the period. ...
Mondi announced half-yearly results for the six months ended 30 June 2016. Highlights Continued strong financial performance on all key metrics Underlying operating profit of €529 million, up 8% Underlying earnings of ...
Tags: metricsUnderlying, Uncoated Fine Paper, Fibre Packaging
Glatfelter reported second-quarter 2016 net income of $2.0m, or $0.04 per diluted share compared with $2.8m or $0.06 per diluted share in the second quarter of 2015. Adjusted earnings for the second quarter of 2016 were $2.8 million, or ...
Tags: Glatfelter, Specialty Papers
Tembec reported that consolidated sales for the three-month period ended 25 June 2016, were $376m, as compared to $365m in the same quarter a year ago. The Company generated net earnings of $9 million or $0.09 per share in the June 2016 ...
International Paper reported second quarter 2016 net earnings attributable to International Paper of $40m ($0.10 per share) compared with net earnings of $334m ($0.81 per share) in the first quarter of 2016 and net earnings of $227m ($0.54 ...
South Korea’s paper manufacturer Hansol Paper will speed up deleveraging effort to improve financial state that includes rights offering to be able to afford to venture into new areas for growth. Debts shot up as the company shifted ...
Tags: Hansol Paper, Paper
Sappi Packaging and Speciality Papers is set to exhibit its carton and paper-based packaging solutions at FachPack 2016 in Nuremberg, Germany. The company will showcase sustainable carton and paper-based packaging solutions for ...
Tags: Packaging, Speciality Papers
US-based Fluor has completed work on Stora Enso’s consumer board machine in Beihai Mill in Guangxi, China. As part of the deal signed earlier, Fluor provided procurement and construction management services for the board machine and ...
Finland-based pulp and paper manufacturer Stora Enso has opened a new consumer board mill in Beihai, China. The new mill, which is expected to reach full production within two years, has been developed with an investment of €800m. ...
Nudie is now selling a variety of new juice and yoghurt flavours in supermarkets. The new flavours include the following: Nudie Water – Water with added fruit or vegetable juice (4 – 10 per cent of the beverage). Nudie ...
Supermarkets and corner stores around Britain can now offer customers a new brand called Kendamil, which is not only the sole infant formula to be manufactured to a whole milk recipe, rather than skimmed, but also the only infant formula in ...
Tags: Infant Formulas, Kendamil products