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Billerudkorsnäs to Acquire Verso Corporation for USD 825 Million

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BillerudKorsnäs is aiming to convert Verso’s Escanaba Paper Mill into a world-class, sustainable, and fully integrated paperboard production site where one machine is estimated to be converted by 2025 and another by 2029. The total investment for the conversion project will be about USD 1 billion. December 21, 2021 Verso......
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Premier Packaging Launches 100 percent Easily Recyclable Paper Packaging

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The innovation enables the processing of heat-sealable paper bags and it can be incorporated in standard packaging equipment, loading and sealing, and vertical forming machinery. December 21, 2021 Scotland-based Premier Packaging has introduced – PaperLock™, an alternative to polyethylene (PE) packaging. This product, approved by the U.S. Food and Drug......
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CMPC will acquire Brazil’s Iguaçu Celulose Papel

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As a part of CMPC’s strategy to cement its position in the sustainable packaging market, the acquisition of Iguaçu has been signed for Brazilian Real 45.7 million (~USD 166.02 million. Brazil-based Iguaçu is in the business of manufacturing paper, paper and cellulose bags. December 18, 2021 Chile-headquartered pulp and paper......
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Stora Enso launches Bio-Based Packaging Foam

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Papira, a fiber-based monomaterial, is designed to be biodegradable and compostable and Fibrease can be recycled in any paper or board stream. With the bio-based foams, the Finnish paper and packaging company is introducing “renewable and climate-friendly alternatives” in the protective packaging segment. December 9, 2021 Stora Enso is expanding......
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CHUK Introduces Bagasse-based Packaging for Food Delivery

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With an aim to sell 8-10 million units per month, CHUK envisions revenue growth to the tune of 60 percent month-on-month with 50 percent overall revenue growth from delivery and dine-in domains. In the upcoming financial year, CHUK intends to unlock a 3-4-fold increase in revenues. December 9, 2021 India’s......
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Amazon France Aiming to Reach 100 Percent Cellulose-Based Packaging

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The e-commerce major asserts that flexible paper pouches or cardboard envelopes “are more easily recyclable by waste collection and treatment services.” November 25, 2021 By the end of 2021, Amazon France will eliminate single-use plastic packaging used for shipping its packages to France. The plastic bags will be substituted with......
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SPRING Report Analyses Sustainability in Packaging

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In a new report by SPRING, ‘Recover’ is called the “New Third ‘R’”, replacing ‘recycling’ in the typical ‘Reduce, Reuse, Recycle’ triad of waste management. The conclusion of the report emphasises the importance of using a diverse range of approaches to sustainable packaging development. November 24, 2021 In a new......
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Ilim Group Converts PM5 to Produce Kraft Paper in Koryazhma, Russia

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After the upgradation, the new product composition will include 100 percent virgin softwood and hardwood pulp allowing the production of an environmentally friendly product. November 22, 2021 Ilim Group will upgrade and convert its PM5 in Koryazhma mill in Russia, which is being used to produce products including – white......
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Yash Pakka Introduces High Strength Paper for e-Commerce Packaging

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The company is currently producing 3400 MT/month to cater to the needs of e-commerce bag manufacturing units in North India (Delhi-NCR). Yash Pakka’s high-strength paper fulfills all the requirements in terms of durability and is a long-term option for brands. November 16, 2021 Yash Pakka, India’s leading sustainable packaging provider,......
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Shree Krishna Paper Mills: Innovating Quality Products to Meet the Growing Demand

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In packaging, the future will be developing high tear factor packaging papers with value-added solutions. I feel the industry will change from using burst factor terms to tear factor terms, having high tear is more important than having high BF Shree Krishna Paper Mills & Industries Ltd. (SKPMIL) was established......