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Södra's second production facility for cross-laminated timber is scheduled for completion by mid-2022. The facility will be able to deliver framing materials for 4,000 homes per year, which is ten times the current output of Södra's existing facility at Värö.
Weyerhaeuser Company announced the completion of the sale of 145,000 acres of timberlands in the North Cascades region of Washington to Hampton Resources for $266 million.
ITP has also been granted six new utility patent certificates on paper manufacturing related equipments by the State Intellectual Property Office.
Sonoco announced new commitments to advance its environmental progress by setting ambitious goals to reduce its global greenhouse gas emissions in line with the Paris Climate Agreement - to limit global temperatures to warming to well-below 2° C above pre-industrial levels. These emission reduction targets have recently been approved by the Science Based Targets initiative (SBTi).
Hygiene and health company Essity expands its partnership with United Nations (UN) Foundation by joining a cross-industry group that brings together corporate experts in the fight against antimicrobial resistance (AMR).
The ORBIE Award recognizes CIOs who have demonstrated excellence in technology leadership and are judged by an independent peer review process.
Paper Excellence announced that it recently donated 9,000 jack pine seedlings to the James Smith Cree Nation. James Smith Cree Nation is located on Treaty 6 territory, approximately 60 kilometres east of Prince Albert.
Tetra Pak has been recognized as one of the world's 50 Sustainability and Climate Leaders. The leading food processing and packaging solutions company has been acknowledged for its commitment to pioneer a sustainable future, with a documentary showcasing its fascinating journey.
PawPrint™ papers provide pet food brand owners functional yet visually attractive pet food packaging - inside and out- to help them eliminate the need for single-use plastic with a more sustainable alternative.
Lecta has published its new 2020 Environmental Report, highlighting actions and improvements carried out over the last two years. As a responsible company firmly committed to sustainability, minimizing our environmental footprint is one of our main objectives.
BillerudKorsnäs is introducing two new low grammages of their flagship cartonboard product, CrownBoard Prestige®. Made at KM7, the world's most modern board machine, the two new low grammages are particularly interesting for the graphical industry.
Smurfit Kappa said the deal represents an important milestone for the company as it strengthens its participation in the paper packaging solutions business in Mexico, while it also sees the company expand its presence to four folding carton locations in the country.
Clayton, Dubilier & Rice ("CD&R") announced a definitive agreement under which CD&R funds will acquire and combine Fort Dearborn and Multi-Color Corporation ("MCC"), to create the world's largest label solutions company serving customers worldwide. The CD&R funds are acquiring Fort Dearborn and MCC from global private equity investors Advent International and Platinum Equity, respectively. Terms of the transaction were not disclosed.
The process following the acquisition of the remaining 25% of the shares of ABIGO Medical AB is completed and the company is now a wholly owned subsidiary of Essity. As per the terms of the transaction, ABIGO Medicals pharma business has been divested and sold to the company's founder Jan G. Smith.
Sonoco announced it has entered into a new five-year $750 million revolving credit facility (the "Credit Agreement") with a syndicate of banks. The Credit Agreement replaces an existing credit facility entered into on July 20, 2017, and reflects substantially the same terms and conditions.
Sappi Europe, the leading European producer of coated graphic paper and packaging and speciality papers, has partnered with Shippeo, the European leader in real-time transportation visibility solutions. This partnership will create a fully transparent supply chain helping to boost efficiency and customer satisfaction through innovative digital supply chain capabilities.
The purchase will broaden Sun Chemical's portfolio as a global manufacturer of pigments, including those for electronic displays, cosmetics, coatings, inks, plastics and specialty applications, by creating a world-class pigments supplier that offers customers an even wider range of versatile solutions.
Quad/Graphics, Inc. announced that it has sold its QuadExpress third-party logistics (3PL) business for $40 million to Mullen Group Ltd., one of Canada's largest logistics providers. QuadExpress joins Mullen Group's network of independently operated businesses that provide a broad range of service offerings including less-than-truckload, truckload, warehousing, logistics, transload, oversized and specialized hauling transportation.
Sonoco Protective Solutions, a division of global packaging and sustainability leader Sonoco, announced the expansion of its proprietary Sonopost® packaging technology into Europe. Utilizing current manufacturing infrastructure, strategically located to support this growing opportunity, Sonoco Protective Solutions will expand with a new Sonopost manufacturing operation in Sochaczew, Poland this summer.
In response to consumer trends around convenient, homecooked-style foods, customers of the fiber-based packaging leader can now benefit from award-winning PaperSeal tray technology for oven- and microwave-ready chilled and frozen food applications
Sustana Fiber, a leading manufacturer of premium, sustainable recycled fiber, announces its new membership with the Wisconsin Sustainable Business Council.
Tetra Pak announces a project to expand its Châteaubriant plant, in France, dedicated to the design and manufacturing of caps, while ensuring increased production capacity to enable the future transition to tethered caps.
The first product in Lecta's new polyethylene-free "Era" range of nature-friendly packaging.
The ambitious target will connect half a million hectares of conservation areas by 2030, specifically focused on Brazil's Cerrado, Amazon and Atlantic Forest biomes. This area covers an expanse of land the equivalent of Paris, Madrid, Moscow, Oslo and Rio de Janeiro combined.
Sonoco, one of the largest diversified global packaging companies, today announced the purchase of group annuity contracts from Athene Holding Ltd., a leading financial services company specializing in retirement services, which transfers approximately $900 million of the Company's U.S. pension plan obligations to Athene's wholly owned subsidiaries, Athene Annuity and Life Company and Athene Annuity & Life Assurance Company of New York.
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