Huhtamaki is making a significant investment in its Paris, Texas facility in the U.S. The investment consists of an expansion of its manufacturing capacity as well as a consolidation of an external warehouse. The investment into production assets is approximately $30 million, and the warehouse and manufacturing facility will be leased. This will significantly increase […]
Tag Archives: Huhtamaki (Finland)
27
Nov
Nov
Huhtamaki inaugurates its extension of 12 500 m2 to its existing paper-based packaging manufacturing site in Nules, Spain. This latest investment reflects the growing demand from for renewable and recyclable paper-based packaging to substitute rigid plastics. “This investment, which will create around 130 new jobs when fully operational, has been aided by the Community of Valencia, which […]
06
Sep
Sep
Huhtamaki has sold its operations in Russia to Espetina Ltd. Espetina is a holding company owned by Alexander Govor and Iury Kushnerov. The transaction includes four manufacturing units in Russia, employing 724 people. On April 14, 2022, Huhtamaki announced its intention to divest its operations in Russia. This followed an earlier decision to stop all […]
05
Sep
Sep
The Russian billionaire Alexander Govor has made a bid for Finnish packaging giant Huhtamäki’s Russian operations amounting to 151 million euro, Reuters reports. Alexander Govor has previously taken over McDonald’s former restaurants in Russia. After the invasion of Ukraine, Huhtamäki retreated from Russia. Govor is willing to pay up to 151 million euros for Huhtamäki’s […]
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 […]