International Paper (IP) announces that it agreed to sell its Brazilian corrugated packaging business to Klabin S.A. for R$330 million, with R$280 million to be paid at closing and R$50 million one year thereafter. The business includes three containerboard mills and four box plants.
The transaction is expected to close in the second half of 2020, subject to certain closing conditions and regulatory approvals. The company will continue to run its Papers and Forestry businesses in Brazil.
New investment German packaging maker Heinzel Group has announced that, followingthe integration of Steyrermühl operations...
To streamline process development initiatives and empower the green transition in industrial manufacturing, Sulzer introduces...
Recognising the importance of recyclability for the circular economy, Sappi has established a recyclability testing...
U.S. printing-writing paper shipments decreased 1% in March 2024 compared to March 2023. U.S. purchases...
Greif, a world leader in industrial packaging products and services, is finalizing construction on their...
New development U.S. producer Georgia-Pacific has announced that it is injecting more than US$150 million...
Zeus, the independently owned global packaging group, has announced its acquisition of The Weedon Group...
Georgia-Pacific recently announced an investment of more than $150 million to rebuild a paper machine...
Project to expand output capacity Polish corrugated cardboard maker Aquila Września has launched construction work...
Canfor Corporation recently announced that it will optimize its footprint in southern Alabama by permanently...
Financial data released Spanish packaging specialist Hinojosa Packaging Group has announced that it closed last...
