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Showing 7 articles from August 13, 2024.

Industry News

Graphic Packaging signs virtual power purchase agreement with Zelestra
Graphic Packaging signs virtual power purchase agreement with Zelestra

Sustainable consumer packaging company Graphic Packaging has entered into a virtual power purchase agreement with Zelestra, marking a significant step in its sustainability journey.

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IT Tech Packaging, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024
IT Tech Packaging, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024

Net loss was USD 0.077747 million compared to USD 1.25 million a year ago. Basic loss per share from continuing operations was USD 0.008 compared to USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.008 compared to USD 0.12 a year ago.

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LP Building Solutions Awards Over 75 College Scholarships for the 2024-2025 Academic Year
LP Building Solutions Awards Over 75 College Scholarships for the 2024-2025 Academic Year

Program enhancements include increased scholarship amounts and expanded enrollment capacity.

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Sofidel and ISSNAF Launch AI Innovation Award With $3,000 Prize
Sofidel and ISSNAF Launch AI Innovation Award With $3,000 Prize

Sofidel, a global leading manufacturer of paper for hygienic and domestic use, is partnering with the Pennsylvania, New Jersey and Delaware Chapter of the Italian Scientists & Scholars in North America Foundation (ISSNAF) to launch the 2024 ISSNAF-PND/Sofidel AI Innovation in Marketing Award. The winner will receive a $3,000 grand prize.

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Leading Stories

	 Green Bay Packaging Buys 80 Acres for Expansion Near Kohler Co. in Arizona
Green Bay Packaging Buys 80 Acres for Expansion Near Kohler Co. in Arizona

While the precise intentions for the acquisition remain undisclosed, Green Bay Packaging's history of developing large plants throughout the country -- including a new 600,000-square-foot facility in Fort Worth and a 370,000-square-foot facility in Ohio -- indicates a pattern of strategic expansion, and it recently announced an expansion of its Great Lakes Packaging Division in Wisconsin with 270,000 square feet of manufacturing space.

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Supplier News

Procemex to supply web monitoring and inspection system to SCA Obbola, Sweden

Procemex, a new Andritz Group member has received an order from the Swedish paper mill SCA Obbola to supply OnePlatform Web Monitoring & Inspection System for their PM2, the world's largest high quality kraftliner machine.

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Valmet to deliver a new recovery boiler and an ash crystallization plant to Klabin's Monte Alegre mill modernization project in Brazil

The new equipment is estimated to be taken into operation by the end of 2026.

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