Saica Group has reached an agreement to acquire the total shares of the waste management and collection company, Ecovidal-Miguel Vidal e Hijos. Through this acquisition, Saica Natur strengthens its presence in the Henares corridor, an important business, industrial and residential area in the north-east of Madrid region. The acquired company has 25 employees and in […]
Tag Archives: business
07
Dec
Dec
Clearwater Paper Corporation has released its 2023 Sustainability Report, an annual update on the company’s progress against its multi-year sustainability goals. The report also announces Clearwater Paper’s new strategic sustainability framework, Everyday Responsibility. This forward-looking strategy centers the company’s sustainability work and initiatives on three distinct pillars: Resource Stewardship, Trusted Products, and Thriving People and […]
06
Dec
Dec
Georgia-Pacific announced a $150 million investment in its retail consumer tissue business at its mill in Halsey, Oregon. Investments to the Halsey mill will increase production capacity for high quality bath tissue, with initial production expected in 2025. By the end of this project, Georgia-Pacific will have invested over $200 million in paper machine and converting assets at Halsey since 2022. Georgia-Pacific announced a $150 […]
06
Dec
Dec
International technology group ANDRITZ has started up a state-of-the-art, highly efficient fiber line and lime kiln plant at Nanning Sun Paper’s pulp and paper mill in Nanning, Guangxi Province, China. Zang Zijia, Project Director, Nanning Sun Paper, said, “Start-up of the fiber line and lime kiln went very smoothly. The project progressed quickly, the start-up […]
05
Dec
Dec
ANDRITZ has signed an agreement with Flowserve Corporation based in Texas, USA, to take over its NAF AB engineers, designs and builds Flowserve’s NAF control valve portfolio. It is a leading supplier with long-standing experience in providing process control valves for pulp and paper and other related industries. With 50 employees at the facility in Linköping, Sweden, it […]
04
Dec
Dec
Veritiv Corporation, a leading distributor of packaging, facility solutions, and print products, today announced that an affiliate of Clayton, Dubilier & Rice, LLC (CD&R) completed its acquisition of the company. CD&R is a private investment firm with offices in New York and London. On August 7, 2023, CD&R and Veritiv announced they had entered into […]
04
Dec
Dec
Arctic Paper S.A. has terminated the liquidity provider assignment with Erik Penser and has appointed Carnegie Investment Bank AB as new liquidity provider for the company’s shares on Nasdaq Stockholm. The arrangement is in accordance with the framework of Nasdaq Stockholm’s rules on liquidity providers. In the role of liquidity provider Carnegie undertakes to continuously […]
04
Dec
Dec
ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a €500 million financing agreement to support ABB’s research and development in its Electrification business area. Global demand for electricity is growing 10 times faster than other energy sources.1 Addressing this increasing demand in the context of the energy […]
03
Dec
Dec
The Saica Group has unveiled its Research, Development & Innovation (R&D&I) Centre at its El Burgo de Ebro plant in Zaragoza, Spain. Launched as part of the company’s 80th anniversary celebrations, the centre will service Saica’s four divisions globally: Saica Natur, Saica Paper, Saica Pack and Saica Flex. The new R&D&I Centre will allow teams […]
02
Dec
Dec
UPM invests nearly 10 million euros in the modernization of the Korkeakoski sawmill. A new split saw supplied by USNR will start operating at the sawmill in 2025. This is a very significant investment in the efficiency and competitiveness of the Korkeakoski sawmill. “The sawmill industry has a long history of over 60 years in […]