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July 25, 2017 ---This release is a summary of Ahlstrom-Munksjö’s’ half-year financial report January-June 2017. The complete report is attached to this release as a pdf-file. It is also available at www.ahlstrom-munksjo.com.In this half-year 2017 report, the January-June 2017 figures as well as all comparison figures are presented on a pro forma basis to illustrate the financial impact of the merger between Ahlstrom and Munksjö as if it had been completed at the beginning of 2015...
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July 25,2017 --Performing even better with state-of-the-art technology and thereby increase our competitive edge – this is an essential cornerstone of our corporate strategy. At our mill in Eerbeek, the Netherlands, we have invested in a new film press and therefore in quality improvement, performance and product development possibilities...
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HARTSVILLE, S.C., July 24, 2017 -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today announced it has completed the acquisition of Clear Lam Packaging, Inc., a family-held developer and manufacturer of flexible and forming plastic packaging films, for approximately $170 million in cash...
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GREEN BAY, Wis. — July 24, 2017 — Paper Converting Machine Company (PCMC) — a division of Barry-Wehmiller and supplier of high-performance converting machinery for the tissue, nonwovens and package-printing industries worldwide — is pleased to announce that Steve Schubring has joined the organization as the Value Stream Leader of tissue packaging...
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JACKSONVILLE, Fla. & MONTREAL---July 24,2017-Rayonier Advanced Materials Inc. (“Rayonier Advanced Materials”) (NYSE: RYAM) and Tembec Inc. (“Tembec”) (TSX: TMB) today announced that they have entered into an amendment to the arrangement agreement (as amended, the “Amended Arrangement Agreement”) under which Rayonier Advanced Materials has agreed to acquire Tembec...
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JACKSONVILLE, Fla.----Jul. 21, 2017-- Rayonier Inc. (NYSE:RYN) announced today that the company’s board of directors has declared a third quarter cash dividend of $0.25 per common share. The dividend is payable on September 29, 2017, to shareholders of record on September 15, 2017...
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July 21,2017 --Net sales grew to EUR 772 million (EUR 742 million). Adjusted EBIT was EUR 75.6 million (EUR 77.8 million); EBIT EUR 75.6 million (EUR 77.6 million).Adjusted EPS was EUR 0.52 (EUR 0.54); EPS EUR 0.52 (EUR 0.53)...
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HARTSVILLE, S.C., July 20, 2017 -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today reported financial results for its second quarter, ending July 2, 2017....
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STOCKHOLM, July 21, 2017 --During the period, shares in the discontinued operation Essity (the hygiene business) were distributed to SCA's shareholders and on June 15, Essity was listed on Nasdaq Stockholm. Net profit for the period mainly comprised an earnings effect of SEK 136,914m from the distribution of Essity shares. The distribution was a non-recurring event. Unless otherwise stated, only SCA's continuing operations (the forest products business) are described in this report...
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JERSEY CITY, N.J.--July 19,2017---Imperial Dade has completed the acquisition of JPC Enterprises, Inc. t/a Jersey Paper Plus (“Jersey Paper”). The transaction represents the eleventh acquisition for Imperial Dade, a leading national distributor of disposable food service and janitorial supplies, under the leadership of Robert and Jason Tillis, CEO and President of Imperial Dade, respectively...
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HARTSVILLE, S.C., July 19, 2017 -- The Board of Directors of Sonoco (NYSE:SON) today declared a $.39 per share quarterly common stock dividend. The dividend will be paid on September 8, 2017, to shareholders of record as of August 11, 2017....
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July 19,2017--Södra´s operating profit totalled SEK 464 million (50) for the second quarter. The trend was boosted by favourable demand for Södra’s products, higher prices and internal operational improvements...
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Heidenheim-- July 18,2017 --Deformations on the surface of a Yankee cylinder reduce the productivity of a tissue machine and impair the quality of the tissue paper. However, these manifestations of wear, which result primarily from continuous doctoring, are inevitable...
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NORCROSS, Ga., July 17, 2017 -- WestRock Company (NYSE:WRK) today announced that it has completed its previously announced acquisition of the assets of Island Container Corp. and Combined Container Industries LLC, which together are independent producers of corrugated boxes, sheets and point-of-purchase displays....
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CHICAGO, July 18, 2017 -- Lincoln Hill Holdings, LLC ("Lincoln Hill") announced today that its newly formed portfolio company, Fibre Tec Packaging, LLC ("Fibre Tec" or the "Company"), has acquired substantially all of the assets of Fibre-Tec Partitions, LLC. Fibre Tec is a leading fabricator of high quality, customized, fiber and corrugated box partitions and pads...
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SCAPPOOSE, OR, July 18, 2017 - Cascades Inc. (TSX: CAS), leader in the recovery and manufacturing of green packaging and tissue products, today officially inaugurated its new state-of-the-art, 284,000-square-foot tissue converting facility in Scappoose, Oregon...
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July 18,2017 --Net sales increased by 3% compared with the same period last year as a result of local price increases and changes in exchange rates. EBITDA was in line with the corresponding period last year. EBITDA was affected by SEK 55 million as a result of non-recurring costs for a pulp mill breakdown at Gruvön and additional costs related to Rockhammar...
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NORTHBROOK, Ill., July 18, 2017 -- KapStone Paper and Packaging Corporation (NYSE: KS) announces the recent release of its fifth annual sustainability report which shows ongoing progress towards meeting its 2020 sustainability goals. Conforming to the Global Reporting Initiative's (GRI) G4 rigid and voluntary standards, the report details accomplishments along with areas for improvement necessary to meet those goals...
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JACKSONVILLE, Fla.--July 18,2017 ----Rayonier Advanced Materials Inc. (the “Company” or “Rayonier Advanced Materials”) (NYSE: RYAM) today reaffirmed its commitment to acquire Tembec Inc. (“Tembec”) (TSX: TMB) on the terms previously agreed with Tembec. The Company believes that the previously announced arrangement consideration of C$4.05 in cash or 0.2302 of a share of Rayonier Advanced Materials common stock per Tembec common share...
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MEMPHIS, Tenn., July 14, 2017 -- International Paper Company (NYSE: IP) announced the election of Christopher M. Connor to its board of directors effective October 1, 2017. Mr. Connor, age 61, retired as Executive Chairman of The Sherwin-Williams Company in December of 2016...
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