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
Central National Gottesman (CNG), a sales and marketing organization in the global pulp, paper and forest products industry, announced today that its Lindenmeyr Munroe division will acquire the business of C.J. Duffey Paper Company in ...
Tags: Central National Cottesman, CNG, Lindenmeyr Munroe Division, Acquisition
US demand for food containers is projected to increase 2.8% per year to more than $31bn in 2020. Major trends include a general shift from rigid packaging formats to flexible containers, efforts to improve both the reality and optics of ...
UFP Technologies, a producer of custom-engineered molded fiber (molded pulp) packaging solutions, will be exhibiting at SustPack from 11-13 April .SustPack is a leading event for the sustainable packaging industry showcasing the latest ...
New data released shows the cartonboard industry must look east for growth, with Asia Pacific accounting for almost two thirds of demand for folding cartons by 2018, and liquid cartons by 2019. Diversification of consumption patterns, ...
Tags: Cartonboard, Asia-Pacific
International Paper, a US based pulp and paper company, has signed an agreement to divest its corrugated packaging business to Xiamen Bridge Hexing Equity Investment Partnership Enterprise, for approximately $150m. Under the terms of the ...
Fortress Paper reported 2015 fourth quarter operating EBITDA of $3.3m. The Dissolving Pulp Segment generated operating EBITDA of $1.5 million and the Security Paper Products Segment generated EBITDA of $3.9 million . Corporate costs ...
Tags: Fortress Paper, EBITDA
US-based pulp and paper company Georgia-Pacific has acquired Excel Displays & Packaging, for undisclosed amount. Excel Displays & Packaging designs and manufactures point-of-purchase displays, high-graphic retail packaging, in-store ...
Lee & Man Paper Manufacturing ,one of the containerboard manufacturers in China, announced its annual results for the twelve months ended 31 December 2015. During the period, the Group recorded a total sales volume of 5.44 million tons, a ...
Finland-based pulp and paper manufacturer Stora Enso is investing about €63m to strengthen its consumer board and biomaterials capabilities in China and Sweden. Of the total amount, the company will invest €31m in a new ...
Tags: Stora Enso, Investment, China, Sweden
Beverage company PepsiCo has entered into a Memorandum of Understanding (MoU) with Maharashtra state in India to support fruit processing and horticulture as part of its Rs330bn ($4.8bn) investment plan in the country by 2020. Under the ...
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
Seattle Chocolate Company is set to debut a new superfood chocolate bar infused with CoffeeFlour, the new nutrient-dense super-ingredient made from dried coffee cherry pulp, to the jcoco American couture chocolate line: jcoco arabica cherry ...
Tags: Seattle Chocolate, Chocolate, Coffeeflour
Corrugated packaging company Pratt Industries has recently commissioned a new $260m containerboard production line at its greenfield paper mill in Valparaiso, in the US state of Indiana. The OptiConcept M board making line was supplied by ...
Tags: Pratt Industries, containerboard, Packaging
Belgian researchers from University of Leuven and the Flanders Institute for Biotechnology have found that the yeasts used to ferment cocoa during chocolate manufacture can help alter the aroma of the end chocolate product. The research ...
Tags: Chocolate Product, yeasts, cocoa beans