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Tag : packaging

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Nippon Paper Acquires Portion of Elopak, Expands its Presence in European Market

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The Japanese paper manufacturing company has acquired a portion of Elopak, as a Cornerstone investor in Elopak’s initial public offering on the Oslo Børs. June 22, 2021 Nippon Paper Industries Co., Ltd. has announced that it has acquired a portion of the issued ordinary share capital of Elopak ASA, a......
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Kadant to Acquire German Blade Manufacturer Joh. Clouth

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Clouth is a leading manufacturer of doctor blades and related equipment used in the production of paper, packaging, and tissue. June 17, 2021 Kadant Inc. has entered into a definitive agreement to acquire Joh. Clouth GmbH & Co. KG, and its affiliates for approximately EUR 78 million in cash, subject......
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Reinventing Functionality of Paperboard: Liquid Handwash Green Pack

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Many of us are familiar with the phrase “reduce, reuse, recycle” from our vocabulary – and today it has become an important factor for brands to reflect these same values in their product’s packaging. Not only to help the environment but also to increase brand loyalty among environmentally conscious consumers.......
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ITC PSPD Reports Sustained Growth for Q4 FY21 with Strong Sequential Recovery Momentum

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ITC PSPD reported higher volumes in paperboards and higher cartons exports in the packaging business coupled with operating efficiencies. June 1, 2021 ITC PSPD reported 13.5% YoY increase in paperboard, paper & packaging segment revenues for Q4 FY21 at INR 1656 crore compared to total segment revenues in FY20 at......
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ANDRITZ Signs Industrial Maintenance Contract with Smurfit Kappa Nervion in Spain

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The international technology group providing plants, systems, equipment, and services for the pulp and paper industry will provide industrial maintenance services to Smurfit Kappa Group. May 20, 2021 ANDRITZ Ingeniería, part of the international technology Group ANDRITZ, has received an order from Smurfit Kappa Nervion to provide industrial maintenance services......
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Stora Enso Partners With Vogue Scandinavia For Eco-Friendly Fashion Media

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Stora Enso will provide Vogue Scandinavia with advisory services for sustainable materials and cradle-to-grave life-cycle assessments. Stora Enso will also support Vogue Scandinavia in transparent sustainability reporting. May 20, 2021 Stora Enso and Vogue Scandinavia have formed a strategic partnership to replace plastics in magazine packaging. As a part of......
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Kruger Products Releases Reimagine 2030, its 10-year Sustainable Development Strategy

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The ‘Reimagine 2030’ is a 10-year strategy by Kruger Products, consisting of four pillars: Products Empower, Planet Positive, Employee Impact, and Community Embrace. April 08, 2021 Kruger Products has released its new sustainable development strategy, Reimagine 2030: transformative growth and sustainable innovation. This 10-year strategy includes four targets to reduce......
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Smurfit Kappa to Invest EUR 25 Million in Polish Packaging Plant

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This latest investment will double the output from the corrugated packaging facility and result in the creation of 25 new jobs, bringing employment to more than 230 staff at the location. March 31, 2021 Smurfit Kappa has announced a further investment of over EUR 25 million at its Pruszkow ‘mega-plant’......
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Hasbro is Phasing-Out Plastic Packaging

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The global toy company plans to eliminate all plastic packaging for new products by the end of 2022 and is introducing new products that will be sustainable. April 02, 2021 Hasbro, the global play and entertainment company and the creator of iconic toys and games such as –Nerf, Transformers, Play-Doh,......
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DS Smith Invests £100 Million in Two New Packaging Facilities in Poland and Italy

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The British multinational packaging company is expanding its focus on recyclable and paper-based packaging and providing solutions to replace single-use plastic. March 20, 2021 DS Smith has announced a £100 million combined investment in two new packaging sites in Italy and Poland in response to increased customer demand. The investment......