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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 signs a EUR 700 Million Revolving Credit Facility Linked to Sustainability Targets

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For the agreement, Crédit Agricole Corporate and Investment Bank, Nordea, and OP Corporate Bank acted as Coordinators, Bookrunners, and Mandated Lead Arrangers for the facility. December 7, 2021 Stora Enso has signed a new USD 788.45 million (EUR 700 million) revolving credit facility (RCF) contract with a syndicate of 12......
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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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Ilkka Hämälä, President and CEO of Metsä Group Appointed as the Chairman of Cepi

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In the new role at the helm of the confederation, Mr. Hämälä will be held responsible for closely working with EU Institutions in support of the European Green Deal and facilitating an environment enabling the investments in the pulp and paper industry. November 20, 2021 Ilkka Hämälä, President and CEO......
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PACK-A-BOO: Paper Packaging an Answer to Sustainability Issue

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Packaging is not just the technology of containing, protecting, and preserving a product but also the face value of a commodity. A creative aspect of marketing – packaging is an art that has the potential to make or break a product. Being cost-effective and highly efficient, paper is one of......
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Pragati Offset: Specialised in Adding Value to Packaging

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The quality of paper and packaging boards made in India has improved hugely over the past couple of decades. Established in 1962, Pragati Offset Pvt. Ltd. encompasses a wide array of products including paperboards, corrugated cartons, blister packs, labels, and rigid boxes. It is a one-stop destination that manages a......
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Pratt Industries Orders New Board Production Line from Valmet

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The OptiConcept M board production lines are resource-efficient as they are designed for more sustainable paper and board making as they use lesser water, electricity, and raw materials. October 19, 2021 Pratt Industries for its mill in Henderson, Kentucky, USA, has made a repeat order of an OptiConcept M board......
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Smurfit Kappa Acquires a 600,000 Tonne Containerboard Mill in Northern Italy

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Verzuolo mill owned by the Burgo Group is situated optimally close to SKG’s Southern European corrugated facilities. This strengthens SKG’s integrated operating model and it also supports the Group’s sustainability ambitions. October 12, 2021 Smurfit Kappa Group (SKG) has now completed the acquisition of Verzuolo at a price of around......
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Sulapac Supplies Bio-Based Cap for CHANEL Perfume Bottles

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The new LES EAUX DE CHANEL fragrance bottle caps by the French luxury fashion house will be made with bio-based Sulapac material. October 08, 2021 CHANEL has announced that its new LES EAUX DE CHANEL 125ml perfume bottles will have a bio-based cap developed in partnership with Sulapac. In 2018,......