Tag Archives: Central Europe

Velvet Care acquired by Partners Group

Partners Group, a leading global private markets firm, acting on behalf of its clients, has agreed to acquire Velvet CARE, Central Europe’s fastest-growing consumer tissue producer, from Abris Capital Partners and plans to build value through initiatives including expansion in Central Europe and beyond. Velvet CARE is one of the largest manufacturers of hygiene tissue […]

Higher wood fiber costs for pulp mills worldwide in 2023

Global pulp prices have fallen steadily since late 2022, when they reached record highs. The most significant decline has been for hardwood pulp, traded at a substantial discount to softwood pulp. Global pulp inventories were down during the summer, and there were signs that the market tightened, and pulp producers were starting to see opportunities […]

Drenik has chosen Pulsar Engineering to build a new plant in Belgrade

Investing in cutting-edge technology for enhanced efficiency and quality. This was the idea behind the ambitious new plant project of Drenik ND, a leading Balkan company for the production of toilet paper and kitchen towels under the Perfex Cotton, Deluxe, and Pure brands in the fast-growing market of Southeast Europe. With a bold, future-oriented vision and […]

Velvet Care achieves B Corp status

Velvet Care, Central Europe’s fastest-growing consumer tissue producer, has been certified as a B Corp, becoming the first major European company in its industry to achieve this status, reflecting its environmental, social and governance priorities. B Corps or Benefit Corporations, a global business elite, make commitments to uphold those priorities in their business model and […]

VPK Group Buys Majority Stake in Corrugated Packaging Company Zetacarton in Italy

VPK Group has entered into an agreement to acquire a majority stake in Zetacarton, an Italian corrugated cardboard company based near Como. With this new step, VPK Group is setting foot in Italy for the first time. Zetacarton, an Italian company led by the Zanfrini family, is a leading producer of corrugated board packaging including […]

Amcor expands AmFiber performance paper packaging to include culinary and beverages

Amcor has announced the expansion of its AmFiber™ Performance Paper packaging range in Europe to include heat seal sachets for dry culinary and beverage applications, such as instant coffee, drink powders, spices, seasonings, and dried soups. AmFiber™ Performance Paper is a recyclable, high barrier, paper-based packaging that was initially introduced in 2022 for snacks and […]

Duino mill now part of Mondi Group

Following our announcement on 16 August 2022, we are pleased to confirm that Mondi has completed the acquisition of the Duino mill near Trieste, Italy, from the Burgo Group. Mondi plans to invest around €200 million in converting the existing lightweight coated mechanical paper machine at the mill into a high-quality, cost-competitive recycled containerboard machine […]

DS Smith appoints new Managing Directors for recycling and paper in Europe

Michael Orye joins the company as Managing Director for European Recycling and Rogier Gerritsen transitions into new role as Managing Director of Paper in Europe Orye has extensive experience from the packaging industry and a track record in promoting a circular way of working, joining DS Smith from the food packaging business Faerch AS, where […]

Sappi Europe to Increase Prices for Its Woodfree Coated and Uncoated Papers, and Paperboard

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.” […]

Sawmills in Europe and North America enjoyed record profits in 1H/21

Sawmills in Europe and North America enjoyed record profits during the first half of 2021, but fell in the 3Q when lumber prices plunged Sawmill profits in North America and Europe continued to rise in the spring and early summer of 2021, surging to all-time highs on both continents. With lumber prices reaching unprecedented levels […]