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Smurfit Kappa Concluded Major Investment in European Facilities

Smurfit Kappa Concluded Major Investment in European Facilities

November 25th 2022
The official unveiling ceremony of the upgraded facilities was attended among others by Tony Smurfit, Group CEO of Smurfit Kappa and Saverio Mayer, CEO of Smurfit Kappa Europe.
Sonoco Set to Open New Production Facility in Bursa, Turkey

Sonoco Set to Open New Production Facility in Bursa, Turkey

The new facility is expected to provide huge expansion to the company’s Sonopost cornerpost manufacturing portfolio in the European region.
Smurfit Kappa to Acquire Liner Bag Plant in Spain

Smurfit Kappa to Acquire Liner Bag Plant in Spain

The acquired business will be integrated into Smurfit Kappa’s Bag-in-Box operations in Spain.
Cascades, Inc. Witnessed Notable Decline in Operating Income

Cascades, Inc. Witnessed Notable Decline in Operating Income

The company maintained a conservative near-term outlook, primarily in view of the persistent inflationary pressures on costs and current macroeconomic environment.
Smurfit Kappa Announced Trading Update for First Nine Months in 2022

Smurfit Kappa Announced Trading Update for First Nine Months in 2022

The corrugated box pricing absorbed much of the cost inflation.
Sonoco Declared Robust Financial Results in Q3 2022

Sonoco Declared Robust Financial Results in Q3 2022

The cash and cash equivalents at the end of Q3 stood at $182 million, as compared to $171 million at the end of 2021.
Weyerhaeuser Company Declared Q3 2022 Results

Weyerhaeuser Company Declared Q3 2022 Results

The sales realizations for lumber and OSB declined significantly during the quarter.
International Paper Net Earnings Surged in Q3 This Year

International Paper Net Earnings Surged in Q3 This Year

The operating profits from Industrial Packaging business segment were $369 million, compared with $560 million during the sequential quarter.
Stora Enso Declared Investment in Paper Machine Conversion at Oulu, Finland

Stora Enso Declared Investment in Paper Machine Conversion at Oulu, Finland

The new line is expected to consume approximately one million cubic metres of pulp wood per year.
Mondi Announced Huge Investment in New Paper Machine

Mondi Announced Huge Investment in New Paper Machine

The investment is expected to help Mondi to meet the growing demand for paper-based flexible packaging.
Smurfit Kappa Committed Huge Investment in Columbia Paper Mill

Smurfit Kappa Committed Huge Investment in Columbia Paper Mill

The company plans to install a state-of-the-art biomass boiler at the paper mill, which will help in replacing fossils fuels with organic wastes to generate clean energy at the facility.
Catalyst Crofton Mill Declared Indefinite Curtailment of Paper Operations

Catalyst Crofton Mill Declared Indefinite Curtailment of Paper Operations

The company will continue to service its customers through its Port Alberni mill.
Georgia-Pacific to Invest in State-of-the-Art Dixie Plant

Georgia-Pacific to Invest in State-of-the-Art Dixie Plant

Once operational, the facility will employ more than 200 people. Georgia-Pacific will begin recruiting, hiring and training employees in 2023.
Sappi Limited to Divest Three Graphic Paper Mills in Europe

Sappi Limited to Divest Three Graphic Paper Mills in Europe

The enterprise value of the deal is estimated at around €272 million.

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