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Mondi Signs Agreement to Sell its Last Russian Paper Mill for EUR 775 Million

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Mondi plc has entered into an agreement with Sezar Invest LLC to sell its Russian paper mill Mondi Syktyvkar for a cash consideration of EUR 775 million, fully divesting from Russia. Sep 17, 2023  Mondi plc has entered into an agreement to sell its last remaining facility in Russia, Joint......
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Mondi Partners with Robopac to Offer Paper-Wrapping Solutions for Pallet Storage & Transportation

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Mondi partners with Robopac to offer seamless and sustainable paper-wrapping solutions for pallet storage and transportation, replacing plastic solutions. Mondi’s Advantage StretchWrap is worked on Robopac’s semi and fully-automated machines to manufacture the solution. Sep 12, 2023 Mondi has partnered with Robopac, a world-leading manufacturer of pallet-wrapping machinery, to offer......
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Lessebo Paper Signs Wholesale Agreement with Addbrand Sweden Targeting Nordic Market

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Lessebo Paper has signed a new wholesale agreement with Addbrand AB, Sweden, to sell its Lessebo Colours series in the Nordic market network of Addbrand. Sep 13, 2023 Lessebo Paper has entered into a new wholesale agreement with the Swedish company Addbrand. As an official reseller, Addbrand AB diversifies its......
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Sonoco Acquires RTS Packaging & WestRock’s Tennessee-Based Paper Mill at USD 330 Million

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Sonoco Products Company has announced the acquisition of RTS Packaging and one Tennessee-based paper mill from WestRock at a purchase price of USD 330 million.  Sep 08, 2023 Sonoco Products Company announced the completion of its acquisition of the remaining equity interest in RTS Packaging, LLC from joint venture (JV)......
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IP Announces Opening of its Atglen Corrugated Packaging Facility

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International Paper announced the grand opening of its Atglen, US-based, new state-of-the-art corrugated packaging facility. Sep 18, 2023 International Paper (IP) announced the grand opening of the newest state-of-the-art corrugated packaging facility in Atglen, US. The new USD 100 million facility will produce corrugated packaging for produce, processed food, beverage,......
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Fedrigoni Contracts ABB for LMS for its Upcoming Italy-Based RD&I Facility

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Fedrigoni has contracted ABB to equip its upcoming RD&I facility in Verona, Italy, with an L&W Lab Management System (LMS). The Fedrigoni Innovation Center is due to open at the beginning of 2024.  Sep 11, 2023 Fedrigoni has contracted ABB to install its L&W Lab Management System (LMS) at its......
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Metsä Tissue Partners With Afry To Build A Future Mill In Sweden

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Metsä Tissue, part of Metsä Group, is collaborating with AFRY to modernize and expand its paper mill in Mariestad, Sweden. Sep 7, 2023 Metsä Tissue, part of Metsä Group, is investing in world-leading environmental and operational performance in tissue paper production by modernizing and expanding its paper mill in Mariestad.......
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Smurfit Kappa & WestRock to Merge Targeting Global Sustainable Packaging Market

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Smurfit Kappa has confirmed the ongoing discussions with WestRock Company to establish a global sustainable packaging company Smurfit WestRock. If successful the new company will be headquartered in Dublin, Ireland Sep 7, 2023 Smurfit Kappa Group has confirmed that its Board of Directors are discussing with WestRock Company the key......