Italian flexible packaging firm Corapack has used Futamura Chemicals’ renewable and compostable cellulose films to develop compostable barrier lidding for trays. NatureFlex cellulose film is a lidding material, which serves as an ...
Tags: flexible packaging, Chemicals
Sappi has reported a net profit of $58m for this financial year’s third quarter, compared to $32m for the same period last year. For Q3, its earnings per share stood at $0.11, excluding special items. Sappi had also reduced its debt ...
Tags: Sappi
Futamura has reported better sales growth and record levels of operational efficiency in the year since its purchase of Innovia Films’ cellulose business. The acquisition was announced back in April last year. The company stated ...
Tags: Futamura, compostable packaging
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. ...
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
Buckeye Technologies Inc. and Georgia-Pacific LLC announced that they have reached a definitive agreement for Georgia-Pacific to acquire all of the outstanding shares of Buckeye Technologies' common stock for $37.50 per share in cash. The ...
Tags: Georgia Pacific, Textile