The Russian authorities have not approved the sale of Mondi’s Syktyvkar mill in the Komi Republic, Russia. A possible reason is too high a transaction price. The Syktyvkar assets were planned to be sold to Augment Investments Limited for RUB 95 billion (Euro 1.5 billion). Augment is an investment vehicle majority owned by Viktor Kharitonin, comprising […]
Tag Archives: European board
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 […]
High class folding box board provider in Europe has placed an order for Procemex OnePlatform Web Monitoring & Inspection System for their board machine and Automatic Target Control (ATC) for a slitter winder. System will be commissioned in summer of 2022. This OnePlatform system order is a 60th repeat system order from this company during […]
Due to the intermediately increased input costs of energy and gas, Feldmuehle is forced to implement a temporarily energy surcharge of 100 euros per tonne for all its products as of 18th October 2021 deliveries. The surcharge is coming on top of already announced 10% increase from October and will remain until energy and gas […]
Packaging producer Akomex is investing in the expansion of the company, with the intention of exporting more to Eu countries and the US in the future. Polish packaging manufacturer Akomex has increased capacity at its Starogard Gdański plant with the installation of a new printing press and finishing equipment, according to Euwid. The company specializes […]
Segezha Group, a leading Russian vertically integrated holding company in the forest industry performing a full cycle of operations from logging to advanced wood processing (MOEX: SGZH) and part of Sistema PJSFC, is continuing the construction of a pellet production facility to turn by-products and wood waste into biofuel pellets at its Sokol Woodworking Plant. […]
Reno de Medici Group har completed the announced acquisition of Papelera del Principado SA. Founded in 1977, Paprinsa operates in the recycled White Lined Chipboard (WLC) business. Today, it is the second largest producer of recycled cartonboard in Spain and the eighth manufacturer of cartonboard in Europe. The company has both its headquarters and mill […]
Sappi Europe announces a price increase for all its woodfree coated and woodfree uncoated paper grades by 7 – 10 % effective 1. June 2021 for all markets in Europe. This is in addition to the previously announced and implemented increases. Sharply rising input costs in raw materials and freight rates due to global […]
Andritz Ingeniería, SA, part of international technology Group ANDRITZ, has received an order from Smurfit Kappa Nervion to provide industrial maintenance services for their mill in Iurreta, Spain. The Andritz maintenance team will provide support during scheduled maintenance and emergency maintenance activities conducted in the course of routine operations and shutdowns, working together seamlessly with […]
SCA increases the prices on white and brown kraftliner in Europe by Euro 50 per tonne. The new price is valid from June 1, 2021. “The global demand for kraftliner continues to be high”, comments Mikael Frölander, VP Sales and Marketing Containerboard. “The capacity is limited to increase kraftliner deliveries and increasing costs for raw […]
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