The world’s largest machine for the production of kraftliner has entered service in Obbola in Västerbotten, outside Umeå, eastern Sweden. With a total investment of SEK 7.5 billion, this major project has been completed ahead of schedule and within budget, significantly increasing opportunities to produce packaging materials that replace plastic. “At full capacity, the machine […]
Tag Archives: packaging materials
10
Feb
Feb
Finnish startup Fiberwood, a producer of 100% ecological wood fiber insulation and packaging materials made from mechanical wood industry side streams, has raised a late seed funding round. The round was led by Metsä Group’s innovation company Metsä Spring, and the round included public financing from Business Finland. The funding will be used to develop […]
01
Feb
Feb
Stora Enso has signed an agreement to divest its paper mill in Hylte, Sweden, and all its related assets to Sweden Timber, a Sweden-based sawmill and planning mill company. The enterprise value is approximately EUR 18 million. The Hylte Mill in southwest Sweden is one of the largest newsprint mills in the world, and has […]
17
Jan
Jan
Ence has already closed sales agreements for approximately 1 million tons of pulp for the year 2023, which means covering the maximum production of the company’s biofactories for this year. Mainly, the sales agreements reached are destined for the European market, in which Ence has significant competitive logistical and customer service advantages. Through these operations, […]
14
Oct
Oct
As of today, BillerudKorsnäs is simplifying its name to Billerud to cater to its international customers. As a leading supplier of virgin fiber-based paper and packaging materials, the name change is fully in line with the company’s strategy to expand into North America and continue driving sustainable growth in global markets. It is simply easier […]
08
Aug
Aug
The Norway’s Prime minister Jonas Gahr Støre and the Minister of Trade and Industry Jan Christian Vestre visited Viken Skog’s Follum mill in Hønefoss. The plan of BillerudKorsnäs and the Norwegian forest owner group Viken Skog to establish production of bleached chemi-thermomechanical pulp (BCTMP) in Norway attracts large interest. Viken Skog and the Swedish packaging manufacturer BillerudKorsnäs […]
12
May
May
Sonoco announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning May 30, 2022. Sonoco said the price change reflects continued tight market conditions and inflationary pressures on manufacturing costs, including energy, freight, chemicals, packaging materials and […]
09
Apr
Apr
Ilim Group recently published a report on its performance in 2021. The company produced 3.64 million tons of finished products, and pulp continues to make-up the major share (2.16 million tons) of Ilim’s production volumes. Ilim continued to increase the share of packaging materials in its product portfolio. Last year this segment accounted for about […]
08
Feb
Feb
The Navigator Company recently announced that it will apply an energy, logistics and commodities surcharge to its tissue products, amounting 15% of the sales price, to offset the significant and unexpected raising of its input cost. Its application will be effective for all dispatches from 15th of January onwards. The continuity and amount will be […]
30
Dec
Dec
Stora Enso invests EUR 23 million for increasing flexibility and capacity at the Varkaus containerboard mill, resulting also in expanded capacity of using recycled fiber. Preparatory work on the investment will commence immediately. Investment will be completed in the end of 2022. Stora Enso invests EUR 23 million in the Varkaus containerboard site. The aim […]
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