Category Archives: Uncategorized

DS Smith to Invest EUR 33.9 Million to Upgrade Packaging Facilities in Greece

DS Smith announced a significant investment plan to be implemented in the next two years across its three packaging sites in Greece. The EUR 33.9 million investment is focused on equipment upgrades including purchasing state-of-the art machinery for innovative packaging to boost productivity as part of the company’s growth strategy in the East European market. […]

Rengo completes construction on biomass incineration plant at Amagasaki mill in Japan

Rengo Co., Ltd. announces that it completed renovation work on the biomass incineration plant at Amagasaki mill in Japan. Amagasaki mill produces paperboard such as containerboard. Rengo has been working to reduce city gas consumption by utilizing sludge discharged in the papermaking process as biomass fuel. By increasing the efficiency of the incineration plant, Rengo expects […]

Sustainability, Consumer Demand Drive Paper Packaging Innovation

When it comes to packaging innovation, the industry is seeing something of a revival in paper and paper-based packaging, thanks to growing consumer demand for plastic alternatives, increased urbanization and an uptick in extended producer responsibility (EPR) legislation related to packaging. The great news is that paper and paper-based packaging, such as the recycled containerboard […]

Progroup plans to build new corrugated board plant

Germany’s Progroup will probably build its planned Italian corrugated board plant near Milan. The company intends to create two packaging parks. The project is expected to cost €95m and create 205 jobs, and the plant is expected to be up and running by the middle of 2024. The plant will significantly expand Progroup’s corrugated board […]

Stora Enso to cut 550 jobs at Veitsiluoto pulp and paper mill in Finland

Stora Enso has completed the co-determination negotiations concerning closing down the pulp and paper production at its Veitsiluoto site in Finland. The closure will take place during the third quarter of 2021. As a result of the negotiations, 550 people will be permanently laid off. Some 28% of the redundancies can be managed through pension […]

Rengo acquires Kinyosha Printing

Rengo Co., Ltd. announces that its Board of Directors has decided to acquire 50% of shares issued by Kinyosha Printing Co., Ltd., making Kinyosha Printing a Rengo subsidiary. Additionally, Howa Sangyo Co., Ltd., a wholly owned subsidiary of Rengo, will also acquire 20% of the shares issued by Kinyosha Printing, bringing the total investment ratio […]

Price surge continues on recovered paper market in Germany

Recovered paper grades Coloured letters and Multi printing buck upward trend with price dip in January. Strong demand from the packaging paper segment, declining collection volumes, and fears about future supply have led to another rise in recovered paper prices in Germany. After prices for the ordinary grades took a considerable hop in December and […]

Columbia Pulp Mill Still Mostly Idled, Awaits Infusion of Cash

A scaled-back crew of employees continues to work at Columbia Pulp near Starbuck, Washington, while the business seeks an infusion of cash for its wheat straw pulp factory. The company temporarily stopped pulp manufacturing in March because of the coronavirus pandemic and had hoped to restart in July after using the downtime to perfect its […]