Paper Industry News - Papermart

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Read the latest news and stories on the pulp and paper industry. Discover the stories that are trending and making impact in the market.

News

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......
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Mativ Holdings to Acquire Mativ’s Engineered Papers Business at USD 620 Million

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Mativ Holdings Inc. has announced the receipt of a binding offer from Evergreen Hill Enterprise to acquire Mativ’s engineered papers business (EP) at a value of USD 620 million. The transaction is expected to close in the Q4 of 2023. Aug 01, 2023  Mativ Holdings Inc., USA, has announced the......
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Swedish Startup Adsorbi Raise EUR 360,000 for Bio-Based Air Purification Material

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A seed financing of EUR 360,000 was raised by Adsorbi for its patented, bio-based air purification material that can remove pollutants from indoor air and decrease odors. Aug 28, 2023 Swedish startup Adsorbi AB has secured EUR 360,000 in seed funding from Metsä Spring, Chalmers Ventures, and Jovitech Invest for......
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Gulf Paper Manufacturing to Get PM2 Forming Section Rebuild from Toscotec

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Gulf Paper Manufacturing is set to get a forming section rebuild of their PM2 machine at Mina Abdullah paper mill in Kuwait from Toscotec, scheduled at the end of 2023. Aug 30, 2023 Gulf Paper Manufacturing will get a forming section rebuild of the PM2 machine at their Mina Abdullah......