MM GROUP to sell majority stake in its packaging business to KPS CAPITAL PARTNERS and plans a special distribution to shareholders

MM GROUP to sell majority stake in its packaging business to KPS CAPITAL PARTNERS and plans a special distribution to shareholders

Mayr-Melnhof Karton AG has signed a binding transaction agreement to sell its Packaging operations to a newly established company of KPS Capital Partners, LP . KPS will hold 70% of that holding company and MM Group will hold 30% following completion of the transaction. The Packaging business comprises MM Group’s Food & Premium Packaging operations (excluding the Iran and Tunisia operations) as well as the Pharma & Healthcare Packaging operations. Through its equity interest in the new holding company, MM Group will continue to participate in the future development and value creation of the Packaging business.

Sylvamo Announces Plans to Sell Europe Business

Sylvamo Announces Plans to Sell Europe Business

Sylvamo is entering into a put option agreement with Midas Atlantic Partners, in partnership with The Najafi Companies, for a binding offer to acquire the company’s Europe business, including its uncoated freesheet paper mills in Saillat, France, and Nymolla, Sweden, as well as its forestry and supporting business operations.

ABB completes major modernization of 28-year-old drive system for Gold East Paper

ABB completes major modernization of 28-year-old drive system for Gold East Paper

ABB has completed a comprehensive drive system upgrade for Paper Machine No. 2 (PM2) at Gold East Paper (Jiangsu) Co., Ltd.’s Dagang Mill in Zhenjiang, China, replacing a 28-year-old legacy system with modern digital drive and control technology. The upgrade was completed within a planned six-day shutdown window, with the paper machine resuming production ahead of schedule.

The paper and board community: Innovation through collaboration at the Technologie Kring Seminar

The paper and board community: Innovation through collaboration at the Technologie Kring Seminar

At the end of November 2026, German device manufacturer emtec Electronic GmbH is returning to Apeldoorn, Netherlands for the fall edition of the Technologie Kring VNP Millvision Seminar. From November 25th to 26th sales representatives Philipp Sievers and Andrea Maldonado Castellar from emtec plus local partner Thierry Onder de Linden from ODL Paper Service will be on site to discuss, share and explore new ideas. Fitting the seminar’s theme “Paper and board machines, technologies and products”, five of emtec’s paper and board measuring solutions are going to be presented at their tabletop.

Valmet continues long-term cooperation with board producer in Asia with another board making line order

Valmet continues long-term cooperation with board producer in Asia with another board making line order

Valmet has been selected to supply another complete board making line with automation and lifecycle services to one of its major customers in Asia. Building on the companies’ long-term cooperation and the experience from previous deliveries, the new investment will further support the customer’s ambitions to expand premium-quality coated board production while improving production efficiency and operational performance. Valmet has previously delivered board and paper making lines to the same customer. This new line will be similar in concept to the board line announced earlier this year, enabling the customer and Valmet to build on operational experience and best practices from their existing cooperation.

Agilyx: GreenDot to acquire 50% of French packaging EPR company Léko, expanding its European recycling platform

Agilyx: GreenDot to acquire 50% of French packaging EPR company Léko, expanding its European recycling platform

Agilyx ASA announces that GreenDot, its majority-owned holding, has entered into an agreement to acquire 50% of Valorie SAS, a fast-growing state-approved extended producer responsibility (EPR) recycling company in France owning 100% of Léko and Léko Pro. GreenDot will share joint ownership and control of Valorie with German environmental services company Reclay International. The transaction is funded from cash within the GreenDot Group and involves no cash outlay and no share issuance by Agilyx.

Jukka Flinkman appointed VP, Mill Manager of Metsä Group’s Äänekoski bioproduct mill

Jukka Flinkman appointed VP, Mill Manager of Metsä Group’s Äänekoski bioproduct mill

Jukka Flinkman has been appointed VP, Mill Manager of Metsä Group’s Äänekoski bioproduct mill as of 1 March 2027. Flinkman will join Metsä Fibre from UPM, where he has served as Director, Operations at the Rauma paper mill, with overall responsibility for the mill’s operations. Previously, he worked as Production Manager at UPM’s Kymi pulp mill. He has extensive experience in production management in both the pulp and paper industries.

Sonoco to Modernize and Expand URB Production at Richmond, VA Mill

Sonoco to Modernize and Expand URB Production at Richmond, VA Mill

Sonoco Products Company, the largest producer of uncoated recycled paperboard (URB) in North America, today announced plans to invest $40 million over the next two years to modernize and expand production of its Richmond, VA paperboard mill, reinforcing the Company’s commitment to operational excellence, product innovation and long-term growth.

Veolia’s advanced water regeneration technologies strengthen environmental security at Arauco’s new pulp mill in Brazil

Veolia’s advanced water regeneration technologies strengthen environmental security at Arauco’s new pulp mill in Brazil

Global pulp producer Arauco has chosen Veolia, the world leader in water treatment technologies, to develop the water treatment line for the Sucuriú Project. The contract covers the design and implementation of an industrial effluent treatment plant for Arauco’s first pulp mill in Brazil, which will be the largest industrial facility in the world built in a single phase.