Finland-based paper and packaging company Powerflute has acquired core and coreboard manufacturer Corenso for €102.3m. Powerflute had previously announced that it would invest around €81m in the acquisition. However, the ...
Australia’s Pratt and Israeli statesman Peres team together for India’s next food and water revolution Australian billionaire paper, packaging and recycling magnate Anthony Pratt has partnered with former Israeli President ...
Global packaging company Sonoco has announced that it has acquired Germany-based Weidenhammer Packaging Group for $360m (€286m) in cash. Weidenhammer specializes in producing composite cans along with composite drums and rigid ...
Novolex, formerly known as Hilex Poly, will acquire Packaging Dynamics to form a new company that will have revenue of $1.9bn and will offer a range of paper and plastic flexible packaging products. The company will operate under the ...
Aganga, Minister of Industry, Trade and Investment, said he was impressed with the level of investment the firm had made and asked for more investments into the economy. He described the paper packaging facility as unique and the first of ...
Tags: Packaging Firm, Packaging
BASF is changing the organizational set-up of its paper chemicals business to strengthen its competitiveness and better meet the needs of the paper industry. BASF is a leading global supplier to the paper industry and offers a comprehensive ...
Tags: BASF, Chemicals Business, Decoration
Last month the EU proposed a tough set of waste recycling targets that have been met with much resistance by the packaging industry. The new proposals revolve around the aim for 80% of packaging waste materials to be recycled by 2030. ...
American packaging company Sonoco has agreed to acquire Germany-based Weidenhammer Packaging for an amount of approximately $383m (€286m). Sonoco president and chief executive officer M Jack Sanders believes the acquisition will help ...
Georgia-Pacific, an American manufacturer of tissue, pulp, paper, packaging, building products and related chemicals, has completed the acquisition of paper packaging company SPG Holdings for an undisclosed amount. The deal covers SPG's ...
Tags: Georgia-Pacific, Packaging, Printing
This is according to a new report from business intelligence provider Key Note, which said paper and board packaging remains the most widely used packaging material in the UK. The Packaging (Paper & Board) 2014 report warned, however, ...
Industrial packaging products and services provider Greif has announced plans to expand its Southeastern packaging sheet feeder operation in Concord, North Carolina, US. The expansion will see the addition of a second advanced corrugator ...
Tags: Greif, sheet feeder, Packaging
Paper-based packaging producer Smurfit Kappa has announced plans to reduce CO2 emissions per ton of paper produced by 25% by the year 2020 in its seventh annual Sustainable Development Report. The company's original target of a 20% ...
Tags: Smurfit Kappa, Carbon Emissions
The China Packaging Tour is all about sightseeing – the kind of sightseeing that will pay you back in business contacts and new opportunities for business growth. China has the largest population in the world - around 1.35 billion ...
The business consists of Clondalkin Group facilities in Northampton, Great Harwood, Hull and Kimbolton. It forms part of the Group's Specialist Packaging Division. White (left) has been with the company for a number of years and held ...
Tags: paper packaging, Packaging
Bemis reported first quarter 2014 diluted earnings of $0.48 per share, compared to $0.47 per share for the same quarter of 2013. Excluding the items detailed in the attached schedule, "Reconciliation of Non-GAAP Earnings per Share," ...
Tags: Bemis, Non-GAAP Earnings