Graphic Packaging International, a subsidiary of Graphic Packaging Holding Company, has agreed to acquire all the assets of PFP and its related entity PFP Dallas Converting for an undisclosed sum. PFP is an independent converter, which is ...
Tags: Graphic Packaging, Packaging, Paperboard
DS Smith has completed the acquisition of North American packaging company Corrugated Container Corporation (CCC) for an undisclosed amount. The CCC, which is a family-owned business, has around 190 employees across its four operations in ...
Tags: Corrugated Container, packaging
Irish packaging firm Smurfit Kappa has rejected €8.6bn ($10.6bn) takeover offer from the US-based International Paper. Smurfit Kappa said the unsolicited proposal from International Paper failed to reflect the company's strong growth ...
Tags: Smurfit Kappa, packaging
International Paper has reported full-year 2017 net earnings of $2.1bn ($5.13 per diluted share) compared with net earnings of $904m ($2.18 per diluted share) for full-year 2016. In the fourth quarter of 2017, the Company reported net ...
Tags: International Paper, Paper
International Paper has completed the transfer of its North America Consumer Packaging business to Graphic Packaging. Graphic Packaging holds 79.5% stake in the combined company, while IP owns the remaining 20.5% interest. In October ...
Tags: Graphic Packaging, Packaging
Graphic Packaging will create a $6bn paper-based packaging firm by combining with International Paper’s (IP) North American consumer packaging business. IP has agreed to contribute its business for around $1.8bn, of which $660m will ...
Tags: Graphic Packaging, packaging
Fourteen organizations from the paper cup supply chain have signed a deal to boost PE lined paper cup recycling in the UK. The agreement has been signed with Alliance for Beverage Cartons and the Environment (ACE UK), which runs the ...
Tags: Beverage Cartons, Paper Cup
International Paper (IP) has unveiled plans to invest around $300m to convert its No. 15 paper machine at the Riverdale Mill in Selma, Alabama, US. The company will convert the paper machine from uncoated freesheet to whitetop linerboard ...
Tags: International Paper, paper machine
Finnish food packaging specialist Huhtamaki has completed the purchase of International Paper's foodservice packaging operations in China. The divested business has two facilities in Shanghai and Tianjin and a workforce of about 200 ...
Tags: Foodservice Packaging, Paper
American paper and pulp giant International Paper has recorded a net profit of $80m, compared to the $209m the company earnt in the first quarter of this year. Last year, during the same period, the company earned $40m. The earnings ...
Renewable fiber-based packaging, pulp and paper products producer International Paper has elected Christopher Connor to its board of directors effective 1 October 2017. Mr. Connor, age 61, retired as Executive Chairman of The ...
Tags: packaging, paper products
Finnish packaging company Huhtamaki has agreed to acquire International Paper’s foodservice packaging operations in China for €15m. The acquisition will include two manufacturing units in Shanghai and Tianjin, which employ ...
Tags: Huhtamaki, Foodservice Packaging
International Paper has agreed to settle the Kleen Products antitrust class action lawsuit, which was filed in 2010 against it and seven other containerboard producers. The lawsuit is pending in the US District Court for the Northern ...
US-based KBR has been awarded contract to provide maintenance, planning and industrial services for renewable packaging and paper products producer International Paper (IP). Under the four-year contract, KBR will be responsible for ...
Tags: International Paper, packaging
International Paper reported third quarter 2016 net earnings attributable to International Paper of $312 million ($0.75 per share) compared with net earnings of $40 million ($0.10 per share) in the second quarter of 2016 and net earnings of ...