Amcor PLC missed Wall Street estimates for quarterly revenue on Tuesday on weak demand for its containers and cartons from consumer goods companies amid a challenging macroeconomic environment.
This is a tremendous loss for everyone at the Sofidel Group, who express their profound sorrow for this loss and extend their condolences to the entire Stefani family.
Georgia-Pacific announced that David Neal, currently president of gypsum, will become the company's executive vice president of building products, effective early March. In this role, Neal will have responsibility for one of the world's leading building products manufacturers.
The company attributes the decrease to lower paper prices and the absence of surplus electricity sales that benefited the previous year, according to Holmen's year-end financial report.
Sonoco Products Company, a global leader in high-value sustainable packaging, has received pre-qualification to carry the How2Recycle® 'Check Locally' label for its EnviroCan® Metal Bottom rigid paper container.
On January 16, Opal Australian Paper locked out its entire manufacturing workforce of more than 300 workers at its Maryvale Mill in Victoria's Latrobe Valley. The company also stood down around 100 workers employed by contractors at the paper mill, with more third-party workers likely to be impacted as the lockout, now in its third week, continues.
The company's expansion of its Ackerman sawmill will increase its production capacity from 120 million board feet per year to 300 million board feet per year. To facilitate the project, Southeastern Timber Products will install a new sawmill line, new dry kilns and storage facilities.
ANDRITZ has acquired LDX Solutions, a leading provider of emission reduction technologies and related services in the North American industrial market, with annual revenues of about $100 million
