International Paper announces the appointment of Santiago Arbelaez as the Chairman of the Paper and Packaging Board (P+PB) Board of Directors. This leadership appointment was made by USDA Secretary Tom Vilsack and marks a pivotal moment for the organization. As the Chairman, Arbelaez will collaborate closely with the P+PB leadership team and the eight-member Board […]
Tag Archives: WestRock
News
4evergreen alliance moves from guidance to action at Annual Conference: “The Pathway to Circularity”
22
Nov
Nov
More than 150 people joined in Brussels and online to celebrate the 3-year anniversary of 4evergreen at a conference recognizing the alliance’s achievements so far and exploring how to maximize industry uptake of 4evergreen’s circularity toolbox. “After three years of intense work, we have a set of resources that is open to everyone”, said Hans […]
18
Nov
Nov
WestRock, a leader in sustainable fiber-based paper and packaging solutions, today announced it has entered into two virtual power purchase agreements (VPPAs) with ENGIE North America (ENGIE), a subsidiary of ENGIE S.A. and global leader in the net zero energy transition. The VPPAs are designed to add renewable energy to the U.S. energy grid and […]
13
Nov
Nov
WestRock Co (NYSE:WRK) announces a net income of $110 million for Q4, with adjusted net income at $210 million. Net sales reached $5.0 billion in Q4, despite a 7.7% decline from the previous year. Full-year 2023 net loss reported at $1.6 billion, with adjusted net income of $778 million and consolidated adjusted EBITDA of $3.0 […]
17
Oct
Oct
Heidelberger Druckmaschinen AG has delivered the two longest sheetfed offset presses ever produced to leading global packaging manufacturer WestRock. The longest, delivered to WestRock’s Tczew, Poland facility, is a 42 metre, specially adapted custom configuration of a Speedmaster XL 106 with a total of 20 printing and coating units. This record-breaking press represents a key […]
Articles
Smurfit Kappa and Westrock merger deal would create the largest containerboard producer in the world
16
Sep
Sep
Smurfit Kappa Group CEO Tony Smurfit said that the combination of Smurfit Kappa and WestRock is a promising and complementary deal. The two companies signed a definitive agreement to combine in what would create a $34 billion company with 23 million tons of mill capacity and 500 converting plants focused on containerboard, as well as a large […]
12
Sep
Sep
Sonoco Products Company announced the completion of its acquisition of the remaining equity interest in RTS Packaging, LLC from joint venture partner WestRock and one WestRock paper mill in Chattanooga, Tennessee. The acquisition will further strengthen and expand Sonoco’s 100% recycled fiber-based packaging solutions to serve growing consumer wine, spirits, food, beauty and healthcare markets. Prior to closing the transaction, Sonoco was a […]
08
Sep
Sep
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 […]
25
Aug
Aug
Pro Carton and CEPI Cartonboard recently announced that they will merge into one association under the name Pro Carton. The decision follows a 12-month period of consultation. The final merger is expected to take place mid-2024 after all legal procedures are successfully completed. The announcement was made at the Associations’ Annual General Meeting on 16 […]
05
Aug
Aug
WestRock today announced it will permanently cease operating its paper mill in Tacoma, Washington, and will conclude production by September 30, 2023. WestRock is committed to improving its return on invested capital as well as maximizing the performance of its assets. The combination of high operating costs and the need for significant capital investment were […]
- 1
- 2