Stora Enso has signed an agreement to divest its paper mill in Hylte, Sweden, and all its related assets to Sweden Timber, a Sweden-based sawmill and planning mill company. The enterprise value is approximately EUR 18 million. The Hylte Mill in southwest Sweden is one of the largest newsprint mills in the world, and has […]
Tag Archives: Belgium
19
Dec
Dec
Sappi Europe announced an upgrade and modernization project at its Gratkorn mill in Austria. The project will focus on Paper Machine 11 (PM11), which will undergo extensive modernization of automation and electrical equipment including drives, control systems, quality control and inspection systems as well as upgrades to the coating profile and other areas. The amount […]
09
Dec
Dec
The Cup Collective, a programme founded by Stora Enso and Huhtamaki to capture the value of used paper cups through recycling at an industrial scale, has welcomed its first partners. The new partners include McDonald’s, SSP – The Food Travel Experts, C2 Centre, and the National Railway Company of Belgium (SNCB), all further supporting the […]
02
Dec
Dec
Stora Enso announced today that it has received regulatory approval from the EU Commission to proceed with the acquisition of De Jong Packaging Group. Closure of the transaction is still ongoing and expected to be finalised at the beginning of 2023. Stora Enso first announced its intention to acquire De Jong Packaging in September (see […]
06
Nov
Nov
Ahlstrom perpetuates its 50-year commitment and support to the global Filtration industry by investing EUR 2 million in a new laminator at the Louveira plant, in Brazil. With a planned installation in 2023, the equipment is expected to be fully operational by Q1 2024. This strategic growth initiative will expand manufacturing capabilities at Louveira plant. […]
09
Sep
Sep
Stora Enso acquires De Jong Packaging Group, based in the Netherlands, for an enterprise value of approximately EUR 1,020 million. This acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth and build market share in renewable packaging in Europe. De Jong Packaging Group is one of the largest corrugated packaging producers in the Benelux […]
05
Aug
Aug
Sappi Europe announced that it will increase prices on its range of Woodfree Coated and Uncoated papers, and Paperboard by 8-10% to its European customers effective September 12. This is in addition to previously communicated increases. Sappi said the price adjustment is “due to continuing high cost and volatility in raw materials, energy and transportation.” […]
22
Feb
Feb
According to Euwid, Blue Paper will stop its recycled corrugated case material machine for maintenance in early March. Blue Paper is a joint venture between packaging companies VPK Group in Belgium and Klingele in Germany. The maintenance downtime will affect the company’s containerboard mill in Strasbourg, France. The site’s PM 1, which has a capacity […]
03
Jul
Jul
Stora Enso has completed the co-determination negotiations concerning the closing down the pulp and paper production at its Kvarnsveden site in Sweden. The closure will take place by the end of the third quarter of 2021. In April 2021, Stora Enso announced a plan to permanently close down pulp and paper production at its […]