Global Paper Industry News | Updates in the Pulp and Paper Sector

The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries.

McLaren Packaging has acquired Glenhaze Ltd, a leading protective packaging specialist based in Bathgate, UK. Specializing in sustainable, paper-based solutions for the spirit, glass, and e-commerce industries, Glenhaze's addition aligns with McLaren's commitment to diverse and eco-friendly offerings.

Smurfit Kappa will invest €54 million to double the capacity of its Ibi Bag-in-Box plant in Alicante, Spain. 

Antalis continues to expand internationally and has signed a binding agreement to acquire Pakella, a leading player of the industrial and food packaging distribution in Latvia, Lithuania and Estonia

The upcoming strikes planned in Finland from February 1 to 3, 2024, will exert their influence on various sectors, particularly affecting companies in the pulp and paper industry and the overall forest industry.

Metsä Group and Fortum Recycling & Waste have signed an agreement on dismantling the old pulp mill in Kemi, Finland.

SCA's electric timber truck continues to transport timber between Gimonäs timber terminal and Obbola paper mill outside Umeå.

To grow the Packaging Automation business in the packaging sector, Stora Enso has partnered with Radpak, a Polish packaging machinery manufacturer focusing on packaging automation for primary and secondary packaging.

Ence has already closed sales agreements for more than one million tons of cellulose for this year 2024, which means covering the maximum production of the company’s biofactories for the current year.

VPK Group announces its joint venture with IEMME srl, an Italian corrugated cardboard company based in Gambolò, near Milan. With this second step in Italy, VPK Group further diversifies its product portfolio and strengthens its local presence.

IDR33.4 trillion facility continues APRIL Group’s focus on downstream diversification as a driver of sustainable business growth. Products to be marketed under BoardOne™ brand

With its first paper mill in China, the Group strengthens its geographic presence in the Asian market, where it already has an extensive distribution network in China, Hong Kong, the Philippines, Indonesia and Bangladesh, a self-adhesive materials production plant in Hefei and a RFID inlays and tags manufacturing plant in Guangzhou.

Mondi, a global leader in packaging and paper, has brought together industry leaders in an expert round table to discuss how to improve the circularity of used paper bags in the construction industry.

WEPA Professional, a leading European hygiene specialist, has announced the successful acquisition of Star Tissue UK, a prominent British hygiene paper provider based in Blackburn, Lancashire.

The persistent global economic downturn is proving to be much tougher than anticipated with depressed markets, geopolitical instability and weak economic growth combining to put significant pressure on Sappi, particularly in Europe.

The Shareholders’ Nomination Board, established by Stora Enso’s Annual General Meeting (AGM), will propose to the AGM to be held on 20 March 2024 that the Company’s Board of Directors shall have eight (8) members. 

Packaging leader leaves competitors behind to pick up 12 awards

Metsä Board, part of Metsä Group, has been selected as one of the winners of 2024 WorldStar awards for their ultralight pizza box concept developed together with Adara Pakkaus and other industry experts.

All papers sourced by UPM Raflatac, whether used as a face paper or a release liner in its labeling materials, are now certified under a credible third-party forest certification scheme.

DS Smith, a leader in sustainable packaging solutions, paper products and recycling services, today (9 January 2024) announced that it had entered into an agreement to purchase the land and building that is hosting our existing operations in Győr, Hungary.

Metsä Fibre, part of Metsä Group, is to initiate negotiations on changes related to its plans to discontinue the sawn timber production in Merikarvia, Finland.