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Twin Rivers Paper to Buy Mondi's Paper Mill in Arkansas, US

Apr 8, 2018

US-based Twin Rivers Paper has signed an agreement to acquire Mondi Group’s paper mill in Pine Bluff, Arkansas. Terms of the deal, which is expected to be completed in the second quarter of this year, have not been disclosed. Pine ...

Tags: Twin Rivers Paper, Paper Mill

Rayonier Advanced Materials Acquires Canada's Tembec for $807m

Nov 22, 2017

Rayonier Advanced Materials has acquired Canadian paper company Tembec for $807m to expand its business into packaging and forest products. The acquisition resulted in the creation of a global company providing high purity cellulose, ...

Tags: paper, packaging

DS Smith to Open New Rigid Packaging Facility in US

Sep 21, 2017

DS Smith Plastics is set to open a new rigid packaging manufacturing facility in Romeoville, Illinois, US. The company intends to start production at the new rigid packaging facility in the last quarter of this year. DS Smith will use ...

Tags: Smith Plastics, Rigid Packaging

DS Smith Acquires 80% Stake in Interstate Resources

Aug 31, 2017

UK-based corrugated cardboard maker DS Smith has completed acquisition of a 80% stake in American packaging firm Interstate Resources from Merpas for $835m. DS Smith holds the option to buy out the remainder 20% stake in Interstate ...

Tags: DS Smith, packaging

Conner Industries Secures $10m in Growth Capital

Aug 4, 2017

Conner Industries, a provider of integrated packaging solutions, has received from existing investors additional growth capital which, when added to the investment made in April 2017, totals $10m. The capital infusion will be used for ...

Tags: Conner Industries, integrated packaging

Ds Smith to Exhibit E-Commerce Packaging Solutions at German Event

Jul 12, 2017

UK-based corrugated cardboard maker DS Smith is set to showcase e-commerce packaging solutions at Deliver #2 event in Germany. Deliver #2, which will take place on 27 and 28 June in Berlin, is an event that will bring together online ...

Tags: corrugated cardboard, Packaging

DS Smith Proposes to Buy Interstate Resources for $920m

Jul 5, 2017

UK-based corrugated cardboard maker DS Smith has signed a conditional agreement to acquire a majority stake in US packaging firm Interstate Resources from Merpas for $920m. DS Smith and its US subsidiary DS Smith Holdings have signed the ...

Tags: corrugated cardboard, packaging

Taiwan's Wooden Furniture Sector Struggling, But Undaunted

Oct 12, 2016

Persistent makers in Taiwan’s wooden furniture sector adopt different strategies to survive a severe recession caused by insiders continuously migrating. Taiwan's wooden furniture manufacturers experienced a golden age back in the ...

Tags: wooden furniture

Tembec Reports Financial Results for Third Fiscal Quarter

Aug 3, 2016

Tembec reported that consolidated sales for the three-month period ended 25 June 2016, were $376m, as compared to $365m in the same quarter a year ago. The Company generated net earnings of $9 million or $0.09 per share in the June 2016 ...

Tags: Tembec, EBITDA

Owens Corning Acquires InterWrap for $450m

May 19, 2016

Owens Corning (OC) has acquired InterWrap, a British Columbia based manufacturer of roofing underlayment and packaging materials, for $450m. InterWrap, through its facilities in the US, Canada, India and China, produces synthetic roofing ...

Tags: Owens Corning, InterWrap

Toyota To Unveil Its Setsuna Concept Car at Milan Design Week

Mar 7, 2016

Toyota is geared up to debut its Setsuna concept car at the Milan Design Week, primarily made of wood. Toyota says that wood has been used for construction of this car because it is durable yet is prone to changes over time. To ...

Tags: Toyota, Setsuna concept wooden car, Milan design week

Summit Explores Ways to Preserve Traditional Villages

Dec 16, 2015

Qiandongnan's Xijiang village, the country's largest ethnic Miao community. WANG KAIHAO/CHINA DAILY It is like taking a walk back in time. Women from the Dong ethnic group in the 800-year-old Huanggang village are dyeing shiny traditional ...

Tags: Traditional Villages, Preserve

Cree Upgrades Elementary Lighting to Energy Saving Campus

Nov 13, 2015

Opportunity At Sandy Grove Middle School in Lumber Bridge, North Carolina, students not only get an education in the Science, Technology, Engineering and Math subjects at this STEM school. They also attend classes in their very own ...

Tags: Cree, LED lighting, Campus

Monuments Men: Forbidden City Restorers Share Their Secrets

Oct 29, 2015

As Cining Gong in the Forbidden City is set to be unveiled to the public, some of those behind its painstaking restoration process share their experiences. Wang Kaihao reports. It is a closed part of the Palace Museum, also known as the ...

Tags: Forbidden City, restoration, traditional Chinese construction

Seth Wescott Invests in Winterstick Snowboards

Sep 23, 2015

Winterstick Snowboards welcomed pro snowboarder and entrepreneur Seth Wescott to its ownership group and unveiled plans to develop a custom snowboard workshop at Sugarloaf Mountain in Carrabassett Valley, ME. The “Original ...

Tags: Winterstick Snowboards, Seth Wescott, snowboard workshop, Swallowtail

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