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
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 ...
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
Packaging Corporation of America has signed an agreement to acquire independent corrugated products producer TimBar for $386m. As per the terms of the deal, PCA will acquire TimBar's five corrugated products plants, two fulfillment ...
Tags: corrugated products, Packaging
Smurfit Kappa has completed a programme of investment in the UK depot network, as part of its efforts to increase recycling operations in the country. The company has developed a new depot in Snodland of Kent to process locally-sourced ...
Tags: Smurfit Kappa, paper, cardboard
Cascades, a leader in the recovery and manufacturing of green packaging and tissue paper products, announces that the Greenpac Mill located in Niagara Falls, NY, a company created in partnership with the Caisse de dépt et de ...
Tags: Cascades, green packaging
International Paper has signed an agreement to purchase newsprint mill in Madrid, Spain, from Swedish company Holmen Paper, for €150m. As per the deal, International Paper will acquire the Madrid newsprint Mill, as well as ...
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 ...
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
Paper and packaging company Smurfit Kappa has acquired two Brazilian paper-based packaging companies including Industria de Embalagens Santana (INPA) and Paema Embalagens, for nearly €186m. INPA and Paema combinedly have three ...
Tags: Smurfit Kappa, Paper, packaging
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
KapStone Paper and Packaging has announced that due to seasonally softer market conditions, it will temporarily curtail operations at its Longview Mill beginning 21 December. The curtailment is expected to last seven days for the entire ...
Wood pulp and paper maker Sappi has completed the sale of its Cape Kraft Mill in Cape Town, South Africa to the Golden Era Group. The move comes on the heels of Enstra Mill's sale earlier this month. The sale of Cape Kraft Mill and ...
Tags: Sappi, Cape Kraft Mill, paper
Green packaging maker Cascades is investing $26.4m on a new corrugator, which will be installed at its Norampac corrugated board conversion plant in Drummondville, Quebec, Canada. The announcement follows Cascades' recent plans to expand ...
Tags: Green packaging, Norampac
South African paper and packaging firm Mondi has acquired 95% stake in a flexible packaging company KSP in South Korea. KSP operates a production plant in Seoul, in addition to having an interest in another plant in Thailand. Nearly ...