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In the market, there are both wise business models and self-destructive business models. What is the difference? Wise companies know how to avoid price wars, while self-destructive companies are deep in the mud of price wars. Moreover, a single self-destructive company can lead to the ruin of the whole industry. – Hermann Simon
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July 19,2016 --Smurfit Kappa Denmark was awarded its Scanstar for new and improved transport packaging for sheets of bended aluminium, on behalf of waterproofing company Icopal. Rather than a traditional square box, the new box has been designed at an angle around the primary product, yet still maintains the same level of protection...
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July 14 ,2016 --Leading packaging suppliers were competing with new technologies and developments at the annual event, to be recognised as ‘Manufacturer of the Year’ across nine categories...
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WEIPONG MACHINERY – Opportunities for Expansion Looking Forward To SinoCorrugated 2017

Personalized Team, Featured Services
In 2005, WEIPONG MACHINERY CO., LTD. was established in Jiangsu Yizheng Industrial Park, specializing in Automatic Flexo Printer Slotters. Given this Taiwanese machinery company’s specialization and advanced management, WEIPONG MACHINERY has developed rapidly and smoothly.

With decades of experience and branding by the Taiwanese company in the Chinese corrugated and printing machine industry, WEIPONG owns well-trained engineers and technicians who have over 15-20 years of corrugated machine experience. Trained by Taiwanese technicians, the WEIPONG team’s success can be attributed to their strong work ethic and focus. After years of effort by the entire staff, WEIPONG MACHINERY has achieved a leading position in the domestic printing machine industry, especially excelling in flexo printer slotter machines which have set new industry benchmarks.

Striving for Excellence, Diversified Development
Throughout the years of development, WEIPONG MACHINERY has always produced high-grade equipment, adhering to their price positioning and paying particular attention to the research and development of innovative products. Some research and development initiatives include equipment automation, ordering, operating time, humanized design, increasing productivity and efficiency, and decreasing inefficiencies. In order to meet customer requirements for corrugated equipment to have fewer procedures, less manpower, less input loss, higher efficiency, higher quality and higher performance, WEIPONG MACHINERY invests heavily in printing production lines and has achieved results.

Competition is everywhere. Where there is a market, there is competition. Thus, WEIPONG MACHINERY maintains a competitive advantage by insisting on creating personalized products to meet customer needs. In this respect, they focus on quality over quantity in terms of development. With deep roots in Taiwan, WEIPONG MACHINERY has created a strong domestic presence and is now entering into international markets. WEIPONG MACHINERY has already entered international markets such as Spain, United Kingdom, Italy, Japan and other countries. There are also increasing customers in Egypt and Middle Eastern countries that WEIPONG MACHINERY is ready to serve. Additionally, WEIPONG MACHINERY will continue to develop the Eastern European market. In the future, WEIPONG MACHINERY will be more active in creating agents in various countries, and building diversified selling channels in order to offer its products all around the world.

SinoCorrugated 2017 is in the preparatory stage. SinoCorrugated 2017 will be held at Shanghai New International Exhibition Centre on April 11-14, 2017 and will combine with SinoFoldingCarton 2017 and China Packaging Container Expo 2017. Spanning over 110,000 sqm in exhibition area, the combined events will converge more than 1,100 industry leading brands, showcasing over 1,800 high-end and cost-effective equipment and thousands of consumables. Sixty–five thousand local and international professionals will visit the exhibition, including 8,000 international buyers from over 110 countries and regions.

WEIPONG MACHINERY will exhibit and support SinoCorrugated 2017. The company has booked a booth with 250 sqm in A101, Hall N3. Through their partnership with Reed Exhibitions throughout the years, WEIPONG trusts Reed and looks forward to creating mutual growth, and achieving win-win results.

With a dream of greatness, WEIPONG will continue to focus on building its brand in the world in order to meet the corrugated industry's ever-changing challenges; always creating innovative features, new technologies and new equipment, and targeting sales worldwide to achieve continued international success!
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Shanghai Eternal Machinery CO., LTD. was established in Shanghai in 1995 as one of the earliest enterprise in China to manufacture large format automatic platen die-cutting machines for corrugated board. With 20 years of continuous development and experimentation, ETERNA has become one of the world’s leading post-press equipment supplier, and supplied the latest technology and the high-quality packaging machine over 50 countries and regions.

ETERNA officially joined the world-class leader of packaging &post-press equipment manufacturer, Bobst Group in January 2011. Since then, ETERNA has cooperated with Bobst to expand into new aspects of the industry. In 2015, ETERNA joined the Systems Integration Partner with the leading corrugated board manufacturer --BHS, and the leading manufacturer of high-end printing machine for corrugated board -- DingLong. ETERNA became one of the partners with these three companies and have utilized their strengths in Systems Integration by facilitating real-time factory production data, along with upgrading them to “Smart Factory”, to ensure good performance of a company with environment protective, cost saving, automatic and modern technologies of intelligence.

"To Be the Best in Class!” has always been ETERNA’s vision. It expresses their mission and objective to create the best innovative solutions in the paper packaging industry.

Recently, the reporter from Reed Exhibitions interviewed Mr. Gary W.Tseng, Chairman of the Board and the founder of ETERNA. From the interview with Mr. Gary W.Tseng, we can see his commitment to ETERNA’s philosophy through his emphasis on efficiency and productivity management under changing market environment.

According to Mr. Gary W.Tseng’s analysis, currently only 10% of Chinese enterprises occupies top position in first-class segment, in comparison, more than 70% of the enterprises in America have achieved first-class status. Under these competitive market conditions, Chinese companies must improve productivity to remain competitiveness by mean of strengthening their vendor management systems, reducing costs, and ensuring that trade partnerships are mutually beneficial.

There are two focuses in ETERNA: productivity and management. First, to improve productivity, the focus is to leverage resources and reduce costs. Secondly is ETERNA’s close attention on management, such as motivating employees and training them to be more initiative. ETERNA wants to incorporate the voices of their employees by rejecting the bureaucratic style of top-down management, and also ETERNA aims to empower employees with inclusive brainstorm, all employees have a sense of achievement and a sense of responsibility in their mindset in order to reduce costs, this is a common goal between employees and the company.

"As leader in the industry, do you have any suggestions for small and medium enterprises?" the reporter asked. Mr. Gary W.Tseng explained: “The market barrier of this industry was not very high in past years, after many manufacturers had entered the market and made money, there was a common mode to expand rapidly, make more money, and expand rapidly even more, however, the companies that rapidly expanded ignored many opportunities to be efficient. Now, we are seeking method to improve all production processes by optimizing the utilization of resources so as to improve production and management efficiency. Eight or nine years ago, I had predicted the tough economic conditions that China is experiencing today, similar to the economic downturn experienced by Asia's four little dragon countries. We can use the experience in past to help us understand our current market situation. The most important thing in business is to determine, to have a long-term view, to always make decisions for the future, and to prepare for the next five to ten years. By doing this, when that time comes, no matter what kind of market situation we will face, we will be able to respond it accordingly and resolve these problems calmly.”

It has been said that the current development in packaging industry is not very optimistic. However, according to Mr. Gary W.Tseng’s opinion, he doesn’t worry about current economic situation because he regards the economic downturn as a natural economic cycle. GDP growth in high speed more than 10% annually cannot continue forever, so ups and downs are to be expected. At the end of the interview, the reporter was deeply impressed by ETERNA’s forward-looking management.

Times have created opportunities and challenges, and we will face these challenges with smelling. We hope that ETERNA continues to use their future-focused vision to bring them closer to their goals!

ETERNA has stated they will continue to participate in the exhibitions and will fully support SinoCorrugated 2017, which will be held at the Shanghai New International Expo Center on April 11-14, 2017. ETERNA trusts Reed Exhibitions and looks forward to creating a mutually beneficial relationship and fostering long-term growth. ETERNA will showcase their new production line of automatic die-cutting equipment connecting with slicing machine andin-line automatic stacking machine and other major new products at SinoCorrugated 2017. Currently, there are not many manufacturers like ETERNA who can provide a complete solution for corrugated board’s post-press processing in China. These new products and equipment of ETERNA will be exhibited at the SinoCorrugated 2017.
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PURCHASE, N.Y., July 11, 2016 -- Central National Gottesman Inc. (CNG), a leading sales and marketing organization in the global pulp, paper and forest products industry, announced today that its Lindenmeyr Munroe division will acquire the business of New York-based Graphic Paper, a wholesale distributor of fine printing paper and converted products. ..
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AKE FOREST, Ill.--July 7,2016--Packaging Corporation of America (NYSE: PKG) today announced that it has entered into a definitive agreement to acquire substantially all of the assets of TimBar Corporation, a large independent corrugated products producer, in a cash-free, debt-free transaction for a cash purchase price of $386 million...
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July 5,2016 --Heidenheim /Vaassen. As part of the strategy of focusing on the core business of Voith Paper GmbH & Co. KG, Heidenheim, Germany, the Management of Voith Paper CTC Technology B.V., Vaassen, Netherlands, and the Management of Voith Paper GmbH & Co. KG, Heidenheim, Germany...
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Jun. 17, 2016--Nippon Paper Group announced that it has acquired shares in Kyouei Seitai K.K. (President: Jun Ichige) and made it a subsidiary (obtaining 60.2 percent of equity)...
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June 23,2016 --As a responsible manufacturer of speciality papers, Mitsubishi HiTec Paper has now been certified with the PEFC™ Chain-of-Custody for the first time, whilst at the same time the existing FSC® Chain-of-Custody certification has been successfully renewed...
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June 20,2016 --Munksjö, a world-leading manufacturer of advanced papers products, announces that its Stenay mill in France has been awarded with OHSAS 18001:2007 certification for their Occupational Health and Safety Management System by SGS accreditation body...
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June 15,2016 --Europapier International AG, a subsidiary of Heinzel Group, has closed the acquisition of the local merchant businesses of PaperlinX Group in Hungary, Slovakia, Slovenia, Croatia, and Serbia as announced in July, 2012...
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FEDERAL WAY, Wash., June 15, 2016 -- Weyerhaeuser Company (NYSE: WY) today announced an agreement to sell its liquid packaging board business to Nippon Paper Industries Co., Ltd. for $285 million in cash. Weyerhaeuser expects to use a substantial portion of the estimated $225 million after-tax proceeds for repayment of debt...
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ATLANTA, June 9, 2016 -- Georgia-Pacific continues to expand its corrugated packaging business with the acquisition of Southern California-based Reliable Container. The acquisition includes converting plants in Santa Fe Springs, California, and Tijuana, Mexico. Terms of the deal are not disclosed...
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WILMINGTON, Del. – June 6,2016-- Effective June 3, 2016, Solenis, through its Australia subsidiary Solenis Australia Pty Limited, completed the acquisition of the business assets of Nuplex Pulp & Paper from Nuplex Industries Australia Pty Limited, an exclusive distributor and technology licensee of Solenis pulp and paper products within Australia and New Zealand...
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VANCOUVER, BRITISH COLUMBIA--(June 6, 2016) - Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX:FTP) is pleased to announce that its wholly-owned subsidiary Landqart AG ("Landqart") has entered into a purchase agreement (the "Purchase Agreement") with GAM Investment Management...
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HELSINKI--June 06, 2016--Stora Enso has signed an agreement to divest the key assets of its Suzhou Mill in China, including the land-use rights and buildings, to the local government of Suzhou National New & Hi-tech Industrial Development Area (SND)...
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June 1, 2016--Stora Enso has signed an agreement to divest its Kabel coated mechanical paper mill in Germany to Hagen-Kabel Pulp & Paper GmbH, owned by a German based investor group. The transaction is in line with Stora Enso’s strategic transformation into a renewable materials growth company...
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May 31,2016 --AR Packaging announced today that funds advised by CVC Capital Partners have signed a binding agreement to acquire ÅR Packaging Group AB. Under the terms of the transaction, CVC will acquire 100% of the company from its current owners, Ahlstrom Capital and Accent Equity...
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May 26,2016--Constantia Flexibles Group has agreed to sell its non-core folding carton activities in Mexico, Aluprint Plegadizos, to Mexican company Grupo Gondi for an undisclosed amount...
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