Mondi Plc will not make an offer for DS Smith Plc
Mondi notes the terms of the recommended all-share combination of International Paper Company with DS Smith announced on 16 April 2024.
"AMACO President Unveils Global Paper Industry Advancements at Paper and Tissue One Show in Abu Dhabi"
President of AMACO Group, Ali Al-Abdallah, said that the paper and tissue industry in the Arab world is witnessing growth and development on several levels, and that Arab factories are now competing with the most prestigious international factories, stressing their ability to meet the requirements of not only Arab markets, but also parts Wide range of global markets as well. Al-Abdallah’s words came at the closure of his participation in the “Paper and Tissue One Show Exhibition,” which was hosted by Abu Dhabi in its ninth session at the Abu Dhabi International Exhibition Center (ADNEC).
Metsä Board to modernise Simpele board mill
Metsä Board, part of Metsä Group, has made an investment decision to renew the folding boxboard machine at Simpele, which will improve the quality of folding boxboard and increase production efficiency. The investment will enable the replacement of fossil fuels in paperboard production, and supports Metsä Board's target of fossil free production at all its mills by the end of 2030.
New EU packaging rules are almost here. For the pulp and paper industry, legal certainty is a good thing.
The pulp and paper industry welcomes today’s vote at the EU Parliament on the Packaging and Packaging Waste Regulation (PPWR) that supports the trilogue agreement and avoids delaying the legislative process. The last step will be a final confirmation of the agreement by the EU Council.
Key players in pulp, paper and packaging to meet in Sao Paulo for Fastmarkets event
Global experts and varied industry stakeholders will meet at the Forest Products Latin America Conference 2024, for 2.5-day of insights and networking next Summer in Sao Paulo.
Papeterie Saint-Michel placed in receivership
Papeterie Saint-Michel located near Angoulême (in the southwest of France) was placed in receivership on April 11. This factory, which produces some 75,000 t/year of corrugated case material (CCM), was taken over in 2011 by Maxime Thiollet. The mill was in particular hit by the sharp drop in the price of CCM in 2023, which, according to Copacel, fell by 30% (fluting paper), compared to 2022. The site has a production capacity (testliners and fluting paper) of around 75,000 t with two machines.
Lecta to unveil its innovative packaging solutions at Hispack and Packaging Première
With new functional products for food service applications and flexible packaging.
Södra stands strong in new market conditions
Södra posted a stable result for the first quarter of 2024. Our overall competitiveness is making us strong in these new market conditions and we are continuing to deliver high value to family forestry.
MEPCO approves SAR 1.78B budget to start cardboard factory project
Middle East Paper Co. (MEPCO) announced the start of the cardboard factory project (fifth paper line), with a production capacity of 450,000 tons, according to a statement to Tadawul.
Oji Holdings has completed the acquisition of Walki Group
Oji Holdings Corporation, Japan’s leading forest and paper packaging group announces that they have completed the acquisition of Walki Group from funds managed by One Equity Partners, a US based middle market private equity firm. The acquisition was originally announced on October 23, 2023.
DS Smith Announces New Partnership with Bioenzymatic Fuel Cells (BeFC) to Develop Fully Recyclable Smart Labels
DS Smith today announced a new partnership with Bioenzymatic Fuel Cells (BeFC), a pioneer in the development of fully recyclable smart labels.
Valmet to supply an IQ Moisturizer for corrugator to Adara Pakkaus in Finland
Valmet will supply a Valmet IQ Moisturizer system to Adara Pakkaus Oy in Finland. The system will be automatically controlled according to existing Valmet IQ Warp measurement. The order is a system expansion for the existing Valmet IQ MD Moisture Control System. The target of the investment is to reduce warp waste, improve corrugated board quality and production efficiency.
ANDRITZ to modernize two OCC lines for Pabrik Kertas, Indonesia
ANDRITZ has received an order from PT. Pabrik Kertas Indonesia (PT. Pakerin) to rebuild two existing OCC (old corrugated containers) lines for its mill in Surabaya, Indonesia. The modernization will considerably improve pulp quality to produce more competitive products with higher operational efficiency and reduced energy consumption. The capacity of both lines will be increased to 500 t/d, utilizing 100% imported OCC as raw material.
Ahlstrom launches consultation process to divest or close its Bousbecque plant and centralize its parchment production activities at Saint-Séverin plant in France
Ahlstrom has launched today a consultation process with employee representatives at its Bousbecque plant in France about the possibility to divest or close the plant and to centralize parchment paper production to its Saint-Séverin plant in France to ensure the long-term future and competitiveness of the specialty materials business.
The Manufacturing Institute Honored International Paper's Sarah Dale
The Manufacturing Institute—the workforce development and education affiliate of the National Association of Manufacturers—announced that Sarah Dale, plant general manager at International Paper has been recognized as a 2024 Women MAKE Awards.
Termax TCLLX: Lecta's new thermal paper for linerless applications
A high quality, efficient solution that minimizes the volume of process waste
Tasowheel and Bellmer: Another Successful Collaboration
Ahlstrom Saint-Severin mill, located in Southern France, is well-known for its precise standards and high-performance expectations. Specializing in producing vegetable parchment paper, the mill recently upgraded its old headbox to a hydraulic Bellmer Turbojetter, incorporating an advanced Tasowheel dilution profiling system to ensure optimal production standards.
New Board member - Beate Flamm appointed as Chief Culture & Communication Officer at Progroup AG
On 15 April, Beate Flamm joined the Board of the containerboard and corrugated sheetboard manufacturer Progroup. She is responsible for the areas of human performance management (personnel), communications and marketing, and corporate social responsibility.
Metsä Board inaugurates Europe's largest and most modern folding boxboard machine in Husum, Sweden
Metsä Board, part of Metsä Group, inaugurated its upgraded folding boxboard machine in Husum, Sweden, on the 11th of April. Invited to the inauguration ceremony were, among others, project partners and representatives of Örnsköldsvik municipality, Swedish parliament and the forest industry.
IP Announces Agreement to Acquire DS Smith; a transaction value of approximately $9.9 billion
It was the end of the suspense. Finally, DS Smith married International Paper, not Mondi. The two companies today announced that they have reached agreement on the terms of a recommended all-share combination creating a truly global leader in sustainable packaging solutions.
Camera-based monitoring of stock activity and formation successfully in operation.
IBS Papertech GmbH, a member of the international technology leader IBS Paper Performance Group, has successfully completed the start-up of its monitoring systems for stock activity and formation at Cartiere Saci S.p.A. With ActivityVision and FlocVision, it is now possible to monitor and evaluate stock activity and formation online with the help of cameras and to analyze historical trends.
Andritz collaborates with Microsoft to drive innovation in the manufacturing industry
Andritz announced last week that the group is collaborating with Microsoft to co- innovate the future of the process industry by enabling fully autonomous factories and by creating a trusted data ecosystem based on the Andritz Metris digital platform and Microsoft Cloud for Manufacturing. Collaboration will also foster modern working methods within Andritz, speeding up internal processes for prompt and seamless customer support. This marks a significant step forward in accelerating the digital transformation in the manufacturing industry.
Peter Oswald reappointed as Chairman of the Management Board and CEO. Management board expanded to include packaging manager Roman Billiani.
Last month, the Supervisory Board of Mayr-Melnhof Karton AG has unanimously reappointed Peter Oswald (61) as Chairman of the Management Board and CEO until May 31, 2029 following his first period of office, which expires on March 31, 2025. At the same time, the Management Board, which currently includes CFO Franz Hiesinger (58) alongside him, will be expanded to three members.
Circular innovation award won by RDM Group
RDM Group won the “Premio Innovazione Circolare “ (circular innovation award) held on Friday April 12th, in Salerno (Italy) during Italian PaperWeek