Tag Archives: corrugate

Latvijas Finieris invests Euro 67 million to double birch plywood production

The management of Latvijas Finieris has decided to launch an expansion project of RSEZ SIA Verems, Latvijas Finieris Group, in Rezekne district, Latvia. The mill’s existing birch plywood production capacity will be doubled, high-added value products will be developed and approximately 70 workplaces will be created. The expected amount of investment exceeds Euro 67 million […]

Ponsse changes performance guidance for 2022

Ponsse changes performance guidance for 2022. The company’s euro-denominated operating result in 2022 is expected to be on a par with the comparable operating result of its continuing operations in 2021 (Euro 50 million, 8.2% of net sales). The company’s relative profitability is expected to decrease significantly, however, due to divesting its Russian business, difficulties in the availability […]

Total U.S. Containerboard Production Increased Two Percent in Q2 2022

The American Forest & Paper Association (AF&PA) has released its Q2 2022 Containerboard Quarterly report. According to the report, total containerboard production in Q2 increased 2% compared to Q2 2021. It was also up 2% when compared to the same 6 months of 2021. New supply of containerboard (domestic production plus imports) was essentially flat […]

Russian food producers ask government to help avoid paper, cardboard shortages

Industry proposal As Russia’s invasion of Ukraine continues to impact on the country’s economy, Russian food industry players have requested the country’s authorities to approve new standards for food packaging which would reduce the required sizes of labels, and increase the sizes of packaging for particular products.   The proposed changes are designed to help food […]

Hiab launches next generation of Loglift forestry cranes

Hiab, part of Cargotec, launches the next generation of Loglift forestry cranes with greater and safer performance, and improved uptime. The first crane available to order is the Z boom crane Loglift 18Z with a max outreach of 10.4 metres and a max lifting capacity of 18 tonne metre ™. “Our next generation of Loglift […]

Elopak to sell Russian operations to local management and exit market

Following Elopak’s decision to suspend operations in Russia in March 2022 the company undertook a thorough review of all possible options available. On this basis it has today reached an agreement to divest its Russian business (JSC Elopak) to local management, selling 100% of its shares. As of today, operational activities of the Russian business shall […]

De Jong Packaging Group acquires Wellpappenfabrik GmbH in Germany

The Wellpappenfabrik GmbH in Grünstadt-Sausenheim (WSG) and Dutch De Jong Packaging Group (DJPG) from De Lier have come to a strategic partnership. DJPG has acquired a majority share of WSG which will keep the control over the daily operations. Because of the acquisition DJPG will strengthen its position on the German market and WSG will […]

Bruks Siwertell received an order for US mill modernization

Bruks Siwertell has won an equipment contract from a leading American paper and packaging supplier. The new woodyard will modernize the returning customer’s southern USA mill, delivering state-of-the-art efficiency and environmental protection to this specialist packaging paper and cardboard facility. “The new storage and reclaiming system is fully automated, replacing mobile equipment with a safe, highly […]

Valmet delivers LignoBoost XS plant for Mercer Rosenthal in Germany

Valmet will deliver a LignoBoost plant for Mercer Rosenthal Lignin Center in Thuringia, Germany. The plant will extract kraft lignin from pulp mill black liquor. The extracted lignin will be used for developing various bio-based materials, which can replace fossil raw materials. The order is included in Valmet’s orders received of the second quarter 2022. […]

Absolut Vodka bottle gets fibre-based screw cap

The startup company Blue Ocean Closures from Sweden is partnering with The Absolut Company to develop an innovative, fibre-based screw cap for the iconic Absolut Vodka bottle. Now the company is growing and is ready to recruit more employees. Blue Ocean Closures, a member company of the world leading bioeconomy cluster Paper Province, is the […]