The European economy is forecast to grow by circa 1.2% this year, given fresh impetus by the €60 billion a month of quantitative easing recently initiated by the ECB. This has caused a significant depreciation of the euro; we’ll ...
Smurfit Kappa has entered into an agreement with pan-European investor Aurelius to sell its solid board and graphic board operations located in the Netherlands, Belgium and the UK. The scope of the deal will include two graphic board ...
Tags: Smurfit Kappa, Non-Core Units
US-based paper packaging company International Paper is said to be exploring a takeover bid of over €8.1bn for Irish packaging giant Smurfit Kappa. Sky News quoted a source as saying that International Paper was considering an ...
SAICA Pack, the corrugated packaging division of Saica, has been awarded a contract to supply corrugated packaging to fresh produce firm Pauleys. As part of the new three year contract, Saica has installed four box-making machines in ...
Tags: Saica Pack, Corrugated Packaging, Packaging
Tim Woods, managing director of IndustryEdge, knows that corrugated packaging is the powerhouse of Australasia’s paper industry. Here, he explains why. Australia and New Zealand use the full array of fibre packaging options, from ...
Tags: Virgin material, Virginity, Packaging
US-based corrugated box maker Welch Packaging is considering a $16.54m expansion that would help in the creation of 118 new jobs in the next three years. Welch Packaging specializes in making corrugated packaging, boxes and other ...
Tags: Welch Packaging, corrugated box
Investment group CorpAcq has forayed into the packaging industry with the acquisition of UK-based Northern Packaging for an undisclosed amount. Based in Altrincham, Northern Packaging operates from two sites in Skelmersdale, West ...
Tags: CorpAcq, packaging industry
Smurfit Kappa will acquire non-integrated corrugated, folding cartons and flexible packaging manufacturer Grupo CYBSA to enhance its footprint in the growing Central American market. CYBSA operates five packaging plants in El Salvador ...
Packaging company International Paper's US corrugated packaging container plants servicing food product customers will soon become Global Food Safety Initiative (GFSI) certified. The certification will be measured against the ...
Tags: Packaging, Food Packaging
Rock-Tenn Company has collaborated with US-based global packaging company MeadWestvaco Corporation (MWV) to create a combined company of packaging (NewCo) in a transaction with an equity value of $16 billion. Under the terms of the ...
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
The Bay City Commission in Michigan, US, will consider a resolution for a Brownfield Redevelopment Plan for the city's Landaal Packaging Systems that would be an incentive for the nearly $5m expansion that had been announced earlier. ...
Tags: manufacturing, warehousing, office operations, Agriculture
Global rethinker of the paper, biomaterials, wood products and packaging industry Stora Enso has announced that its renewable packaging division will be divided into two parts, consumer board and packaging solutions. The two divisions ...
Tags: biomaterials, wood products, packaging industry, Agriculture
US-based Menasha Packaging has acquired a flexographic press to meet the growth in demand for its products. The company provides graphic consumer packaging, merchandising solutions, corrugated packaging, food packaging, shipping ...
Tags: merchandising solutions, corrugated packaging, food packaging
Profits at corrugated specialist DS Smith have risen in the first half of the financial year. Pre-tax profit is up 45% to £123m while operating profit has risen 10% to £176m However, there was a 5% dip in revenue to ...
Tags: Profit, financial targets, Packaging