Cascades inc. announces that it has produced its first roll of 100% recycled containerboard at its Bear Island, Virginia mill. With annual production capacity of 465,000 short tons of lightweight, high-quality, 100% recycled containerboard, the state-of-the-art mill is equipped to perform within the top quartile of its industry, and will strengthen the operational flexibility, geographic […]
Tag Archives: Containerboard Packaging
21
Dec
Dec
The Russian authorities have not approved the sale of Mondi’s Syktyvkar mill in the Komi Republic, Russia. A possible reason is too high a transaction price. The Syktyvkar assets were planned to be sold to Augment Investments Limited for RUB 95 billion (Euro 1.5 billion). Augment is an investment vehicle majority owned by Viktor Kharitonin, comprising […]
07
Nov
Nov
Cascades announced the permanent shutdown of the corrugator at its Belleville facility, as part of the continuing optimization initiatives of the Corporation’s Containerboard Packaging platform in Ontario. Effective no later than December 2nd, the shutdown will provide the facility with a more sustainable business model by focusing its operations on converting activities as a high […]
06
Nov
Nov
Shandong Jinthiane Paper Industry Co., Ltd signed a contract with A.Celli Paper marked the beginning of the business relationship between the two realities. The new E-WIND® P100 paper rewinder object of the supply will be used to process jumbo rolls of 170-400 gsm white coated board with a diameter of 4000 mm and a width […]
28
Oct
Oct
China’s economy recovered and showed sound momentum in the 3Q, notably better than the 2Q. The production and demands continued to improve, and employment and prices were generally stable. The national economy was generally performing within an appropriate range, according to the National Bureau of Statistics of China. According to preliminary estimates, the gross domestic […]
News
Paper Excellence Announces Indefinite Curtailment of Crofton Paper Mill Operations due to low demand from china & high costs
14
Oct
Oct
Paper Excellence announced the indefinite curtailment of its paper operations at the Catalyst Crofton facility on Vancouver Island in British Columbia, starting in early December 2022. Paper Excellence explained that paper markets in China served by the mill have significantly weakened while there have been substantial cost escalations for chemicals, energy, and wood fiber used […]
06
Sep
Sep
Huhtamaki has sold its operations in Russia to Espetina Ltd. Espetina is a holding company owned by Alexander Govor and Iury Kushnerov. The transaction includes four manufacturing units in Russia, employing 724 people. On April 14, 2022, Huhtamaki announced its intention to divest its operations in Russia. This followed an earlier decision to stop all […]
05
Sep
Sep
The Russian billionaire Alexander Govor has made a bid for Finnish packaging giant Huhtamäki’s Russian operations amounting to 151 million euro, Reuters reports. Alexander Govor has previously taken over McDonald’s former restaurants in Russia. After the invasion of Ukraine, Huhtamäki retreated from Russia. Govor is willing to pay up to 151 million euros for Huhtamäki’s […]
06
Aug
Aug
The American Forest & Paper Association (AF&PA) has released its Q2 2022 Containerboard Quarterly report. According to the report, total containerboard production in Q2 increased 2% compared to Q2 2021. It was also up 2% when compared to the same 6 months of 2021. New supply of containerboard (domestic production plus imports) was essentially flat […]
10
Jul
Jul
As the European Commission prepares to publish the revision of the packaging and packaging waste legislation, the European Federation of Corrugated Board Manufacturers (FEFCO) has released a series of three scientific studies comparing recyclable and reusable packaging solutions. The studies highlight the essential role of sustainable packaging in the context of the EU Green Deal, […]