Sonoco announced it has signed a definitive agreement to acquire 100 percent of the stock of Clear Lam Packaging, Inc., a family-held developer and manufacturer of flexible and forming plastic packaging films for approximately $170 million in cash.
Avery Dennison Corporation announced it has completed the acquisition of Yongle Tape Company Ltd., a manufacturer of specialty tapes and related products in a variety of industrial markets, from its management and private equity firm ShawKwei & Partners.
The North American pulp and paper industry has made great progress in reducing energy use and greenhouse gas emissions over the last decade and at the same time have increased their use of certified fiber and support for sustainable forest management.
Georgia-Pacific announced that its Palatka, Florida, mill has been selected as the location for the company's previously announced investment of more than $400 million in its GP Consumer (retail) tissue and towel business.
Asia Pacific Resources International Holdings, one of the biggest producers of pulp and paper in Indonesia, announced that a fire danger period will apply at all its concession areas in Riau province from July 1 to Sept. 30.
In February of this year, Stora Enso announced that it planned to permanently shut down paper machine 8 at its Kvarnsveden Mill in Sweden due to structural weakening of magazine paper demand in Europe.
Golden West Packaging Group LLC has acquired four independent packaging companies: Heritage Solutions, Inc., Capital Corrugated, Inc., PackageOne, Inc., Packaging Innovators Corporation; and their co-owned captive sheet feeder, Cal Sheets, LLC.
Metsä Group made the decision concerning the largest investment in the history of Finnish forest industry in April 2015, and the large-scale project at Äänekoski has progressed as planned - on schedule and according to the budget - towards the mill's start-up
WestRock Company announced that it has entered into agreements to acquire substantially all 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.