Verso Corporation announced the launch of three new label papers, OptiLabel™ HB, OptiLitho™ C1S and OptiPrime™ Inkjet WS, further expanding its specialty label paper portfolio, the largest in North America.
Nippon Paper Industries and Shikoku Kakoki have developed "NSATOM", an aseptic filling system for paper packaging based on new concepts that supports filling involving particles, long fibers and high viscosity, and allows for ambient distribution.
UPM's new brand promise, UPM Biofore - Beyond fossils, captures the company's strong commitment to a future which is not dependent of fossil raw materials. The new direction is a natural continuation to UPM*s purpose of creating value from the limitless opportunities of bioeconomy.
The Company previously disclosed its initiative to refinance its existing debt obligations, as well as to explore alternative financing and capital-raising activities, in order to address its ongoing liquidity needs and to maintain sufficient access to the loan and capital markets on commercially acceptable terms to finance its business.
Eldorado Brasil Celulose SA's controlling shareholder, conglomerate J&F Investimentos SA, and Netherlands-based Paper Excellence, which agreed to buy Eldorado a year ago, are disputing the final price and the deal will not close as scheduled next week, one source with knowledge of the matter said on Wednesday.
Different organisations, including the workers' unions of Cachar Paper Mill and Nagaon Paper Mill, will block National Highway 37 at Jagiroad in central Assam's Morigaon district for four hours on September 11, demanding payment of the workers' pending salaries and revival of both the industrial enterprises.
WestRock Company and KapStone Paper and Packaging Corporation announced an anticipated election deadline of 5:00 p.m. New York City time on September 5, 2018 for KapStone stockholders to elect to receive shares of common stock, par value $0.01 per share, of Whiskey Holdco, Inc. ("Holdco") as consideration in the acquisition of KapStone by WestRock through Holdco