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Tetra Pak achieves milestone towards goal of 100% renewable packaging

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30 July, 2011 Tetra Pak achieves a significant milestone towards its goal of producing 100% renewable packaging with Nestle Brazil’s launch of two popular milks brands in carton packaging featuring caps made with green polyethylene (PE). The first ever use of plant-based polyethylene in carton packaging further strengthens Tetra Pak’s......

BASF announces completion of acquisition of inge watertechnologies AG

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18 August, 2011 The acquisition of Germany based ultrafiltration specialist inge watertechnologies AG by BASF SE is closed successfully. The anti-trust authorities approved the transaction unconditionally. Through this acquisition, BASF gains access to the market of ultrafiltration technology, a process used in the treatment of drinking water, process water, wastewater......

Fibria in Talks to Sell its Piracicaba Paper Mill to Oji Paper for USD 313 Million

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12 August, 2011 Fibria announced that it has signed a “term sheet” with Oji Paper Co. Ltd. granting exclusivity to Oji to negotiate with Fibria about “the possible sale of the assets represented by the industrial fixtures and real estate properties that form the plant known as Piracicaba Unit located......

Kruger Products to Install 60,000 TPA Tissue Machine at Memphis Mill

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20 August, 2011 Kruger Products L.P. (KPLP) announced that it will continue to expand its presence in the North American tissue market by implementing new state-of-the-art manufacturing equipment at its Memphis, Tennessee mill (USA). The USD 316 million investment will increase the company’s production capacity by 18 percent, or 60,000......