Andritz has received an order from Rondo Ganahl AG to supply dewatering and dispersing equipment to be installed in its paper mill in Frastanz, Austria. Start-up is scheduled for end of 2024. This upgrade will help the customer make his paper mill fit for the future to meet growing demands in the production process. ANDRITZ […]
Tag Archives: paper and packaging
The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Swedish company Billerud, a world-leading paper and packaging materials supplier. The loan supports investments in the modernization and upgrade of a bioproduct mill, including the replacement of a recovery boiler. The upgrades are well anchored in Billerud’s sustainability […]
Smurfit Kappa Group confirms that the boards of directors of Smurfit Kappa and WestRock Company are discussing the key terms of a potential combination to create Smurfit WestRock, a global leader in sustainable packaging. The potential combination would be expected to involve the creation of a new holding company, Smurfit WestRock. Smurfit WestRock would be incorporated and domiciled in Ireland with global […]
Pratt Industries executive chairman, Anthony Pratt, has pledged to invest $5 billion in U.S. recycling and clean energy infrastructure to create 5000 American manufacturing jobs over the next 10 years. Anthony Pratt made the pledge — his largest ever commitment — to Caroline Kennedy, the U.S. Ambassador to Australia, at a recent black tie event […]
Central National Gottesman Inc. (CNG) announced that its Kelly Spicers division is acquiring the West Coast operations of Connemara Converting, a custom paper and board converting company and supplier to label printers, envelope converters, and paper and packaging distributors. Terms of the deal were not disclosed. The acquisition of Connemara expands Kelly Spicers’ Custom Converting […]
Brazilian cartonboard manufacturer Ibema announces that the construction of a BCTMP plant in the municipality of Turvo, Paraná, is under feasibility study. At an advanced stage of analysis, the project includes a long-term supply contract with Suzano, which owns 49% of the company. ‘We estimate that, if implemented, this initiative will add up to 160 thousand […]
WestRock Company (NYSE: WRK) today announced that it has entered into an agreement to acquire the remaining interest in Grupo Gondi for $970 million, plus the assumption of debt, representing an estimated implied enterprise value of $1.763 billion. Upon completion of this transaction, WestRock will further enhance its leading position in the growing Latin American […]
WestRock today announced the publication of WestRock’s 2021 Sustainability Report, detailing the comprehensive efforts the company is making for, and with, customers to imagine and deliver on the promise of a sustainable future. The report reveals validation of WestRock’s greenhouse gas (GHG) emissions reduction target by the Science Based Targets Initiative (SBTi) alongside its refreshed sustainability […]
Increase in trade and insufficient transport capacities exacerbates raw material situation. Koehler Paper uses long-term raw material planning to safeguard its delivery commitments. Focus on supply chain management. The coronavirus pandemic caused global disruption to raw material production and also to international shipping. After just six months, global trade had recovered, resulting in a […]
Chinese paper and packaging manufacturer Lee & Man plans to build a new pulp and paper mill and associated port in Cambodia, Euwid reports. Lee & Man’s subsidiary Able Might will acquire 49 per cent of Cambodian company Shunying. The purchase price is reported at $490,000. Shunying has signed an agreement to acquire 126 ha […]
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