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The purchase price, before transaction costs, was $124.2 million.
The purchase price amounts to USD 40m (approximately SEK 370m) with a potential additional earnout amount of USD 10m (approximately SEK 90m) on a cash and debt-free basis.
Expanded team will be instrumental in delivering future growth and ongoing continuous improvement focus at Greif.
WestRock Company has announced plans today to build a new corrugated box plant in Longview, Washington, to meet the growing demand from WestRock's regional customers in the Pacific Northwest.
The man was reportedly repairing a machine when he was crushed.
The class-action lawsuit filed against a mill in Kalamazoo will be moving forward.
The final report for the August 2021 explosion has not been released by the N.C. Department of Labor.
Mario Plourde, President and CEO commented: "Without question, we are very disappointed with our performance in the fourth quarter."
The CEI rates companies on detailed criteria, including non-discrimination policies across business entities, equitable benefits for LGBTQ+ workers and their families, supporting an inclusive culture, and corporate social responsibility.
Stora Enso will invest EUR 40 million in new technology and restructuring of its fluff pulp production site in Skutskär, Sweden. The objective is to increase cost efficiencies and further improve the site's climate footprint, thereby aligning with Stora Enso's goal to provide regenerative solutions.
A serious workplace accident occurred in Valmet's flash dryer installation project at SCA's Ortviken mill in Sweden on Wednesday, January 26, 2022. An employee of Valmet's subcontractor died as a result of the fall incident.
AmFiberTM products offer customer high performance and differentiation across multiple applications.
Combination Further Expands Company's Sustainable Packaging Portfolio
A published article in local media states that Graphic Packaging did not place a cap on a clarifier that processes wastewater, per a report from 2020.
Global supply chain issues caused the company to announce a delay in the start-up of its new Uruguay pulp mill to the end of first quarter 2023 from the second half of 2022 and a 10% increase in the mill's investment costs.
Smurfit Kappa has developed a new, entirely sustainable packaging solution for fast food following close collaboration with independent Packaging Consultant Juozas Baranauskas.
Amcor is one of a handful of packaging companies committed to using science-based targets and achieving net zero emissions by 2050.
Heavy-duty corrugated packaging can be used to ship a variety of large or heavy industrial goods and consumer durables safely, efficiently and more sustainably.
A teenager was arrested on suspicion of arson after a huge fire broke out in Frogmore Paper Mill in Apsley on Saturday afternoon.
No one was hurt in a fire at the Port Townsend Paper Mill on Saturday afternoon, 22 January 2022.
The Transport Workers' Union AKT has announced a blockade against UPM in Finland to support the strikes of the Paperworkers' Union and the Finnish Electrical Workers´ Union. AKT's support measures will be carried out as a blockade in Finnish ports. During the blockade, the stevedores will not handle UPM's paper and pulp. The blockade will begin on 24 January at 06:00.
At this time, the Company remains subject to the Chatham Merger Agreement and is complying with the terms and conditions of the Chatham Merger Agreement, which remain in effect unless and until the Chatham Merger Agreement is terminated.
Verso Corporation announced the filing of a preliminary proxy statement for a special meeting of stockholders, at which Verso stockholders will consider and vote upon various items related to the proposed and previously announced transaction with BillerudKorsnäs AB. If approved, all Verso stockholders will receive $27.00 per share in cash upon closing of the transaction, representing immediate and certain value at a significant premium.
Officials said the bitter-cold temperatures slowed their efforts when water lines froze on their trucks.
If you are looking for goods and services in the pulp and paper industry, you need to check out the Paperitalo Directory!
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