Sustainable cardboard packaging supplier VPK Packaging Group has unveiled plans to invest in a new paper machine for light weight recycled containerboard. The investment plan is part of the company's move to increase the integration rate ...
Tags: cardboard packaging, paper machine
Smurfit Kappa UK has acquired Saxon Packaging, as part of its efforts to expand operations in the region. Based in Lowestoft of Norfolk, Saxon designs and produces corrugated products, cardboard packaging and boxes. The company provides ...
Tags: Smurfit Kappa, Saxon Packaging
Cheng Loong Binh Duong Paper Company has selected Finnish firm Valmet to supply key process technology for the new BM 1 containerboard machine in Vietnam. The new machine is scheduled to be installed at the company's Ben Cat mill in Binh ...
Mondi, the international packaging and paper Group, will exhibit its full range of packaging and paper solutions at this year’s FachPack, the European trade fair taking place 27–29 September 2016 in Nuremberg, Germany. ...
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 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 ...
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
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 ...
South Africa-based wood pulp and paper maker Sappi has sold its Cape Kraft recycled packaging paper mill to Golden Era Group. The development comes a fortnight after Sappi inked a pact to sell its Enstra Mill recycled containerboard and ...
Tags: paper maker, wood pulp, Sappi, packaging material
The European economy is forecast to grow by circa 1.2% this year, given fresh impetus by the €60 billion a month of quantitative easing recently initiated by the ECB. This has caused a significant depreciation of the euro; we’ll ...
Irish paper-based packaging producer Smurfit Kappa has agreed to acquire corrugated packaging manufacturer Bates Container for an initial investment of $150m. Bates makes corrugated packaging and provides its services to the Texas region. ...
A deferred payment of around $7.5m (4.6m) is to be made at a later date to Bates, which employs 320 people and has a 135,000 tonnes of containerboard requirement. The deal, which will be funded from Smurfit Kappa’s cash reserves, is ...
Tags: Smurfit Kappa, Deal, Printing
Finland-based pulp, paper and energy industry service suppliers Valmet will supply a paper machine to US-based Pratt Industries, which will use the recovered paper to produce recycled linerboard and corrugated medium. The machine ...
Tags: Valmet, Pratt Industries, Packaging
The results, for the three months and six months ending 30 June 2014, revealed robust capital structure with annualised cash interest reduced to €135m Additionally, interim dividend increased by 50% to 15.375 cent, which SKG said ...
Tags: Smurfit Kappa, SKG, Packaging
In the quarter under review, the group reported an improved year-on-year EBITDA margin of 13.9% and an increasingly strong Return on Capital Employed of 13.8% further underlining SKG’s progress on achieving optimal returns through ...
Tags: Smurfit Kappa, packaging