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MIAMISBURG, Ohio, Sept. 21, 2017 -- Verso Corporation (NYSE: VRS) today announced that its board of directors, as part of its ongoing efforts to maximize stockholder value, has formed a Strategic Alternatives Committee comprised of independent directors Eugene I. Davis, Alan J. Carr and Steven D. Scheiwe, with Mr. Davis serving as chairperson...
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London, Sep 21, 2017 – TowerBrook Capital Partners L.P. (“TowerBrook”) announces today that it has acquired Schweighofer Fiber GmbH (the “Company”), an Austrian company which produces high-quality viscose pulp and bio energy, from family-owned Schweighofer Group. Closing took place on September 12th. Financial terms of the transaction were not disclosed...
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Sep20,2017---Merger expands company’s machine solutions in the folding-carton industryBW Papersystems, a Barry-Wehmiller company and capital equipment supplier for the paper industry, has acquired North American Cerutti Corp.’s Zerand division, from Officine Meccaniche Giovanni Cerutti S.p.A. The transaction closed on September 15, 2017, and is Barry-Wehmiller’s 94th acquisition. Fredericks Michael & Co. acted as exclusive financial advisor to Cerutti....
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Sep 19 2017 ---Stora Enso has completed the divestment announced on 26 July 2017 of its 35% holding in the equity accounted investment Bulleh Shah Packaging (Private) Ltd. in Pakistan to the main owner Packages Ltd....
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DALLAS, Sept. 14, 2017 / -- Kimberly-Clark Corporation today announced its first major commitment to renewable energy with agreements to annually purchase approximately 1,000,000 megawatt hours (245 megawatts - MW) of electricity from two new wind power projects in Texas and Oklahoma....
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CHARLOTTE, N.C.---Sep. 11, 2017-- Sealed Air Corporation (NYSE:SEE) announced today the acquisition of Fagerdala Singapore Pte Ltd., a manufacturer and fabricator of polyethylene foam. Sealed Air will acquire 100 percent of Fagerdala shares for approximately $100 million in cash. The sale is expected to close in October of 2017...
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Sep 7,2017---Huhtamaki has completed the acquisition of International Paper's foodservice packaging operations in China. With the acquisition Huhtamaki expands its manufacturing footprint into the Eastern China region and strengthens its capacity and capability to serve customers operating in Northern China...
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NEENAH, Wis., Sept. 6, 2017-- Menasha Corporation announces that it has acquired ARI Packaging of Alsip, Illinois. The business will operate as part of Menasha Packaging Company, a subsidiary of Menasha Corporation; terms of the transaction were not disclosed...
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CHARLOTTE, N.C.----Sep 6, 2017-- Sealed Air Corporation (NYSE:SEE) announced today that it has completed the sale of its Diversey Care division and the food hygiene and cleaning business within its Food Care division to Bain Capital Private Equity for approximately $3.2 billion...
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Sep 05,2017--Rottneros and RenFuel have entered into an agreement regarding delivery of the forest product lignin. Lignin is used for production of Lignol, RenFuel’s patented lignin oil. Lignol can be refined into renewable gasoline and diesel. During 2018, Rottneros will initiate deliveries of lignin from the company’s pulp plant in Vallvik outside Söderhamn to RenFuel’s test and pilot plant in Bäckhammar, Värmland County...
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Sep 5,2017--BillerudKorsnäs invests in the area of cold chain packaging as it acquires a minority holding in the innovative company Vericool Inc., headquartered in California. The company’s solutions enable sustainable and compostable packaging solutions for unbroken cold chains in the grocery and pharmaceutical market, intended as an alternative to non-sustainable packaging solutions, such as polystyrene (EPS)...
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JOHANNESBURG,Sep 01 2017---Sappi Limited is pleased to announce that it will bolster its biorefining expertise through the acquisition of the Xylex® and Versalac® technologies owned by Plaxica Limited. The transaction will result in Sappi acquiring the sugar clean up technologies which includes the patents, knowhow, equipment and key technical staff of Plaxica. The size of the transaction does not require regulatory disclosure....
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Sep1,2017---Following its acquisition by Swiss family business Zünd Systemtechnik AG earlier this year, St Albans-based Zünd Plotting Systems (UK) Ltd has announced an official name change to Zünd UK Ltd. The new, simpler name reflects a continued progression for the company, a leader in digital cutting technology...
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Aug 29,2017--DS Smith plc is delighted to announce that it has been confirmed as a constituent FTSE4Good Global Index, following the June 2017 index review.Inclusion in this leading index is a testament to the best in class standards of sustainability governance and reporting, and follows receipt of Pricewaterhouse Coopers’ Sustainability Reporting in the FTSE 250 award 2016...
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TORONTO, Aug. 24, 2017 --- Atlantic Packaging Products, Ltd., of Scarborough, Ontario, Canada, is pleased to announce the formation of a strategic partnership with York Container Company (YCC) of York, Pennsylvania. Details and terms of this partnership are not being disclosed...
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Rochester, NY – Aug 24,2017---Diamond Packaging today announced that it won five awards, including all three in the “Sustainability – Folding Cartons” category, in the 31st annual packagePRINTING Excellence Awards, the industry's only competition recognizing the highest level of printing quality and technical achievement across the full range of packaging segments – labels, flexible packaging, folding cartons, and corrugated cartons...
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Model AG, CH-Au – Aug 23,2017 --he InSmoke Classic InShape packaging in 30 varieties has received the 2017 German Packaging Award in the Designing and processing category. The high-quality packaging for e-cigarette liquids won over the jury with its innovative opening mechanism and an incredible harmony of shape and design that transforms it into a true piece of art...
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GREEN BAY, Wis., Aug. 22, 2017 -- Building on its history of innovative and technical achievement in label printing and packaging, WS Packaging Group recently garnered a Best of Division award at the 2017 Graphics Excellence Awards, presented by the Great Lakes Graphics Association...
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Aug 22,2017--Soyuz, based in Moscow, produces corrugated packaging for a range of sectors and has approximately 300 employees.Smurfit Kappa already has three plants in Saint Petersburg, Russia producing paper-based and Bag-in-Box® products for customers across Europe....
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PURCHASE, N.Y., Aug. 15, 2017 -- Central National Gottesman Inc. (CNG), a leading sales and marketing organization in the pulp, paper, packaging, tissue, wood products and metal industries, announced today that its Spicers Paper Inc. entity has signed a definitive Purchase Agreement to acquire the business of JC Paper, based in Fremont, CA, expanding its paper distribution presence in Northern California and Nevada...
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