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Showing 17 articles from May 15, 2024.

Industry News

Georgia-Pacific Celebrates Military History Month
Georgia-Pacific Celebrates Military History Month

We'd like to extend our sincere gratitude to the courageous men and women who have served and continue to serve our country. As a proud Veteran employer, it's an honor to work alongside our employees who have served, some of whom are recognized in this post representing colleagues throughout GP. Thank you.

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Mondi Collaborates with Scan Sverige to Create A Polypropylene (PP) Based Mono-material Packaging
Mondi Collaborates with Scan Sverige to Create A Polypropylene (PP) Based Mono-material Packaging

Mondi, a global leader in sustainable packaging and paper, has collaborated with Scan Sverige to create a polypropylene (PP) based mono-material packaging, that is designed for recycling.

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Sofidel Honored With Prestigious SEAL Environmental Initiatives Award for Amazonia Project
Sofidel Honored With Prestigious SEAL Environmental Initiatives Award for Amazonia Project

Sofidel, a leading global provider of paper for hygiene and household use, has been awarded the prestigious SEAL Environmental Initiatives Award for its exemplary work on the Amazonia project. The SEAL Awards, an environmental advocacy organization, recognize and honor individual programs that drive environmental progress and demonstrate leadership and commitment to a sustainable future.

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Stora Enso raises its guidance for the full year 2024 adjusted EBIT
Stora Enso raises its guidance for the full year 2024 adjusted EBIT

Stora Enso estimates that the previous full year 2024 adjusted EBIT guidance will be exceeded, thanks to successful implementation of profit improvement actions and more favourable market conditions.

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Leading Stories

DS Smith launches
DS Smith launches "Customer Innovation Hub" in Madrid to facilitate collaboration with customers and develop sustainable fibre-based packaging

The customer focused innovation centre will help brands and manufacturers to meet increasing consumer demand for sustainable products and contribute towards a circular economy.

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Graphic Packaging to lay off 73 workers, close Memphis plant in July
Graphic Packaging to lay off 73 workers, close Memphis plant in July

According to the WARN notice, Graphic Packaging will permanently lay off 73 workers July 9-23.

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Indonesia's APRIL Group acquires controlling stake in India's Origami
Indonesia's APRIL Group acquires controlling stake in India's Origami

The Indian tissue market is expanding rapidly, driven by consumers' evolving perceptions of hygiene and personal care, Suneel Kulkarni of APRIL said.

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Kimberly-Clark Taps New Chief Growth Officer as It Heads Into Restructuring
Kimberly-Clark Taps New Chief Growth Officer as It Heads Into Restructuring

Patricia Corsi takes over functions including global marketing and revenue growth management at the consumer packaged-goods company.

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Man in custody after standoff on roof of International Paper facility in Wisconsin
Man in custody after standoff on roof of International Paper facility in Wisconsin

The man was exhibiting bizarre and erratic behaviors, severe agitation, and threatened violence toward law enforcement.

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Metsä Group finalizes sale of Russian subsidiaries to VLP Group
Metsä Group finalizes sale of Russian subsidiaries to VLP Group

Following this transaction, Metsä Group no longer holds any assets in Russia, the company said in a statement. The terms of the deal, including the purchase price, remain confidential between the parties.

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North Jersey printing services firm RRD to lay off 201, second largest total in NJ in 2024
North Jersey printing services firm RRD to lay off 201, second largest total in NJ in 2024

R.R. Donnelley, or RRD, is letting go of 201 employees at its West Caldwell location, which they will be closing, according to a notice filed with the New Jersey Department of Labor.

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Saica Group acquires a majority share of LIC Packaging, Italy
Saica Group acquires a majority share of LIC Packaging, Italy

Saica Group has reached an agreement with the family owners of LIC Packaging to increase its participation, becoming the major shareholder of the company. LIC Packaging is located in the province of Brescia, in Lombardy, northern Italy. This plant has a revenue of 120 million euros in 2023 and provide direct employment to 351 people. The Bertoldo family will remain in the management of the business.

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Capital Arguments

Capital Arguments for May 2024
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Supplier News

Nordic Paper chooses digital solution from AFRY

The Scandinavian paper and pulp manufacturer Nordic Paper has chosen AFRY's MES system (Manufacturing Execution System) and platform, AFRY PaperLine, to streamline its Scandinavian manufacturing processes.

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Papresa invests in bale tester at Errentería paper mill in Spain

The scheduled delivery period will be during the Q4 2024.

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Södra Cell deepens collaboration with ABB by ordering advanced process control system for pulp production

ABB has won an order from Södra Cell to implement optimization control that will help Sweden's largest forest-owner association and leading pulp manufacturer reach new levels of efficiency.

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Solenis named best managed company, fourth consecutive year

Solenis, a leading global producer of specialty chemicals used in water-intensive industries, today announced it has been selected as a 2024 Best Managed Company and a Gold Standard winner, which honors organizations that have been recognized for four or more years as Best Managed Companies.

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