|
|
Sonoco is building a $12 million research and development showcase at its headquarters and investing an additional $40 million in facilities in Franklin, Ohio, Waco, Texas, and Malaysia that would increase its production capabilities, the company announced Wednesday.
Pratt Industries broke ground this week on its new $52 million corrugated box factory in Beloit, Wisconsin. The 350,000 sq. ft. facility, due for start-up in early 2016, will sit on a 56-acre site and produce 600 tons of recycled boxes a day at capacity. It will also eventually provide 140 full-time jobs - as well as approximately 200 during construction.
Inspirepac is a private company with 279 employees, and operates two packaging plants and a further two erecting plants in the North of England.
Construction of the mill and associated infrastructure is progressing, and the production of tissue paper is scheduled to begin in the second half of 2015.
The facility will mean the creation of at least 10 new jobs, initially, and could produce as many as 40 jobs within the next five to 10 years as new products are developed.
WWF France and Rougier Group announced that they will work together in a three-year strategic collaboration that focuses on advancing sustainable forestry in Africa and responsible supply chains in Europe.
Two of the country's largest unions in the pulp and paper sector have agreed to work jointly in the next round of pulp and paper bargaining in Western Canada. Unifor and the Pulp, Paper, and Woodworkers of Canada (PPWC) met in Vancouver last week to re-establish the Joint Pulp and Paper Caucus for the upcoming negotiations in 2017.
Huhtamaki has completed the acquisition of Butterworth Paper Cups Sdn Bhd, a privately owned paper cup and foodservice packaging manufacturer in Malaysia.
Metso has completed the divestment of its Process Automation Systems (PAS) business to Valmet.
Acquired from Stora Enso in July of 2010, Kotkamills represents one of the most complex carve-out and transitions for OpenGate Capital to date. At acquisition, OpenGate launched its operations plan to consolidate Kotkamills' five legal entities into a single business and establish entirely new IT, HR, treasury, finance, procurement, sales and logistics processes, separate from its parent company, Stora Enso.
Federal trade officials have launched an investigation of Canadian government subsidies to the Port Hawkesbury Paper mill, which two paper companies with mills in Maine argue unfairly undercut and damaged their business.
Norbord Inc. and Ainsworth Lumber have been informed by the Antitrust Division of the United States Department of Justice that it has closed its review of the previously announced combination of Norbord and Ainsworth. Norbord and Ainsworth expect the transaction to be completed on 31 March 2015.
Smurfit Kappa has agreed to acquire Grupo CYBSA, which has operations in El Salvador and Costa Rica.
Sonoco announced that it has signed a definitive agreement to acquire a majority interest in Graffo Paranaense de Embalagens S/A, a closely held flexible packaging business located in Pinhais, Curitiba, Brazil.
3M Co. says it will take new steps to ensure that its suppliers of paper, pulp and packaging provide materials that come from sustainably logged timber.
SCA today, 4 March 2015, inaugurated its first manufacturing facility for personal care and tissue products in India. SCA has been active in the Indian market since late 2013.
Greif, Inc. announced this week that it plans to reduce fixed manufacturing costs and better align assets with marketplace trends and customer requirements.
Interfor Corporation has completed the acquisition of four sawmills from Simpson Lumber Company, LLC, increasing its annual lumber production capacity by 30% to 3.1 billion board feet.
A new state bill would eliminate California's tax on diapers, placing the product in an exempt category like some food and medicine.
Anglo Dutch publisher Reed Elsevier plans to rename itself RELX and simplify its structure into one unit to make it more transparent for investors in the latest stage of its transformation.
The Shoalhaven Paper Mill on the New South Wales South Coast is set to close this year with the loss of 75 jobs. Australian Paper informed workers of their decision to close the Bomaderry plant on Tuesday afternoon.
The delivery is part of Domtar's USD 160 million project to re-purpose the A64 paper machine. The rebuilt machine is scheduled to begin operation in the third quarter of 2016.
Södra and Statkraft announced that they have signed a cooperation agreement to start a jointly-owned company for the future production of biofuel at the former Tofte pulp mill in Norway.
VPK Packaging Group announced that it has entered into an agreement for the acquisition of 100% of the shares in ICS Europaks, a corrugated board box manufacturer based on Galvone Industrial Estate in Limerick, Ireland.
Vermont Gas had proposed building a pipeline from Middlebury, Vermont to the International Paper facility in Ticonderoga, New York. The mill was to pay a significant portion of the pipeline cost, but recent construction estimates proved unacceptable to International Paper.
|
|
|
|
