Graphic Packaging Holding Company, a leading provider of consumer packaging, today named Mark Connelly Senior Vice President, Investor Strategy and Development. This new role augments Graphic Packaging’s outreach capability with an aim to expand and diversify the company’s investor network globally. Connelly brings more than 20 years of experience as a securities analyst and strategy […]
Tag Archives: Consumer Packaging
18
Dec
Dec
Rottneros AB, one of the world’s leading suppliers of first-class market pulp, is now investing in Blue Ocean Closures and becomes a co-owner of the Swedish start-up, developing proprietary fiber-based packaging materials. Since just two years, Blue Ocean Closures AB has developed technology to produce fiber-based closures for consumer packaging at large scale, aiming to […]
13
Nov
Nov
WestRock Co (NYSE:WRK) announces a net income of $110 million for Q4, with adjusted net income at $210 million. Net sales reached $5.0 billion in Q4, despite a 7.7% decline from the previous year. Full-year 2023 net loss reported at $1.6 billion, with adjusted net income of $778 million and consolidated adjusted EBITDA of $3.0 […]
Articles
Smurfit Kappa and Westrock merger deal would create the largest containerboard producer in the world
16
Sep
Sep
Smurfit Kappa Group CEO Tony Smurfit said that the combination of Smurfit Kappa and WestRock is a promising and complementary deal. The two companies signed a definitive agreement to combine in what would create a $34 billion company with 23 million tons of mill capacity and 500 converting plants focused on containerboard, as well as a large […]
29
Jun
Jun
Walki Group, through its startup investment initiative Walki Ventures, has invested in Finnish start-up The Paper Lid Company (‘TPLC’). TPLC’s sustainable paper lid manufacturing site in Masku, Finland, is ready for scaling up production volumes supported by Walki’s material conversion and printing capabilities. According to Walki, TPLC has developed a unique way of manufacturing high-quality […]
18
Mar
Mar
Ahlstrom has today launched a consultation process with employee representatives at its Stenay plant in France about the possibility to divest the plant, and if a buyer cannot be found considering closure. Stenay plant produces one-side coated specialty papers for specific uses in the packaging sector where there is overcapacity in Europe and competition with […]
News
Valmet to Deliver Coating Section Upgrade with Electric Heated Air Dryers to Stora Enso Imatra Mills
23
Dec
Dec
Valmet announced that it will upgrade the coating section of Board Machine 5 at Stora Enso Imatra Mills, Tainionkoski in Finland. In addition to electric heated OptiDry Coat air dryers, the upgrade includes a drying capacity increase in the coating section, a new wire loop to the existing dryer group and automation. The upgrade will […]
News
Ahlstrom Advances Base Paper Technology to Develop Replacement Solutions for Plastic and Film Packaging
07
Dec
Dec
Through continued innovation and collaboration with brand owners, Ahlstrom has identified specific technology enabling highly developed base papers — the key to solving the barrier requirements in flexible packaging, while still utilizing the inherent end-of-life benefits that paper has to offer. Ahlstrom has a unique set of capabilities and a wide breadth of technical applications […]
02
Dec
Dec
India may consider the increase the supplies of raw materials for the needs of Russian paper and consumer packaging industries, as Russia experiences a serious shortage of such products due to Western sanctions. According to some Russian and foreign media reports, representatives of Russian authorities have called the Indian government to begin the supplies of […]
04
Apr
Apr
The wood fibre-based packaging alliance 4evergreen held its launch event entitled “Perfecting circularity with fibre-based packaging”. The online event included a panel debate with industry leaders from Stora Enso (Finland), Huhtamaki (Finland), Mars (US), Nestlé (Switzerland) and Smurfit Kappa (Ireland). It highlighted the alliance’s vision to further advance circularity of fibre-based packaging and introduced the sector’s […]
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