Elopak has announced that it will build a new plant in the USA to better serve its customers in the Americas and accelerate growth in the region. Elopak will invest around $50 million (including lease liability) in the new plant over the period 2023 – 2024. The investment will be financed by utilizing Elopak’s existing Revolving […]
Tag Archives: EVP
18
Mar
Mar
Ahlstrom has today launched a consultation process with employee representatives at its Stenay plant in France about the possibility to divest the plant, and if a buyer cannot be found considering closure. Stenay plant produces one-side coated specialty papers for specific uses in the packaging sector where there is overcapacity in Europe and competition with […]
01
Mar
Mar
In just four months, Tetra Pak has co-invested over €11.5 million with recyclers and industry players, to help set up four completely new recycling solutions for carton packages in Turkey, Saudi Arabia, Ukraine and Australia. From building recycling capacity from scratch via cross-border cooperation (in Saudi Arabia), expanding that capacity by 50% (in Turkey), tripling […]
29
May
May
Stora Enso has signed an agreement to divest its Sachsen Mill located in Eilenburg, Germany, to the Swiss-based family-owned company Model Group. Sachsen Mill has an annual production capacity of 310 000 tonnes of newsprint specialty paper based on recycled paper. Under the agreement, Model Group will own and operate Sachsen Mill after the transaction […]
15
Nov
Nov
Stora Enso has decided to commence a feasibility study and environmental permit application process on enhancing and expanding the pulp- and board-making capabilities at its Skoghall Mill in Sweden. The investment would leverage the already strong mill into an integrated, highly cost-competitive, and environmentally-friendly producer of packaging board and bleached softwood market pulp. The investment […]