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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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July 14,2017 --Johan Sundelin, who is currently Head of Division and MD for Santa Maria within Paulig Group, will assume this role latest January 2018. Johan has extensive and substantial experience from fast moving consumer goods, and has previously held leading positions at Orkla and Unilever...
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July 13,2017 --Vinda Paper Zhejiang fired up two Toscotec supplied tissue machines, TM 3 and 4, at its Longyou mill in Zhejiang province. The mill successfully achieved start-up according to schedule and thus increased its production capacity by 60,000 tons/year...
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UPM, Helsinki, July 13,2017 - UPM, the world's leading paper manufacturer, has launched a new innovation, UPM Impresse plus C, a pioneering SC paper custom-developed for coldset web offset printing. UPM Impresse plus C offers a smoother, glossier finish and a unique, magazine-quality result that sets new benchmarks in CSWO printing...
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AUBURN, Mass., July 12, 2017 – Kadant Solutions, a division of Kadant Inc. (NYSE: KAI), announced the launch of its Ultimate Blade Line featuring nanotechnology-enhanced composite doctor blades. The proprietary doctor blade line incorporates nanotechnology-enhanced resins which are manipulated on a molecular scale to provide a composite resin matrix with increased resistance to chipping, improved inter-laminar bonding, and a lower coefficient of friction compared to conventional blades....
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BRUSSELS, Belgium, July 12, 2017 -- Sonoco-Alcore S.a.r.l. today announced it will again raise prices for paper-based tubes and cores, effective from shipments beginning on 24th July 2017...
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July 12,2017 --International technology Group ANDRITZ has received an order from Vajda Papír to supply a complete tissue production line for its mill in Dunaföldvár, Hungary. Start-up is scheduled for March 2018...