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Avery Dennison announced it has agreed to acquire Yongle Tape Company Ltd., a manufacturer of specialty tapes and related products used in a variety of industrial markets, including the global automotive industry.
Mondi Group has acquired 100% of the outstanding share capital of Excelsior Technologies Limited from funds managed by Endless LLP and certain other minority shareholders, for a total consideration of GBP 33 million (Euro 38 million), on a debt and cash-free basis.
A man has died after being hit by a lorry in a UPM warehouse.
UPM has decided to close 305,000 tonnes of graphic paper capacity in Europe. The company permanently closes the paper machine 3 at UPM Steyrermühl, Austria and the paper machine 2 at UPM Augsburg, Germany.
Ennis, Inc., announced the purchase of Independent Printing Company, Inc. and related entities in a stock purchase transaction.
The capacity of pulp mills will increase from 7.93 million tons to 10.43 million tons per year in February when PT OKI Pulp & Paper Mills (OKI) starts the production of its new pulp factory with a 2.5 million-ton production capacity, the Industry Ministry has said.
UPM-Kymmene is planning its next step in wood-based renewable fuel products after a successful ramp-up at its initial biofuels plant, the head of UPM's biofuels business said on Wednesday.
Mondi said Peter Oswald will replace David Hathorn as group chief executive officer in May.
The operator of a Tolko mill tugboat was found dead after the boat sank Monday night.
Cenveo plans to close its Northwest Portland facility and lay off the 91 people who work there.
Firefighters battled flames at UPM Kymene UK Ltd for more than four hours Monday night.
An electrical fire caused damage to the roof and ductwork of Soundview Paper in downtown Putney, Vermont.
"We are committed to reestablishing operations at this mill."
The Mondi Boards have approved the modernization and expansion of the Steti mill in the Czech Republic for a total investment of Euro 470 million, subject to obtaining approval for various tax incentives and necessary permitting.
Firefighters worked for nearly 12 hours to extinguish a fire at Clearwater Paper Corp. in Shelby, N.C. that began just before 6 p.m. Saturday, 28 Jan 2017.
Chilean forestry and paper group CMPC will pay around $130 million to consumers as compensation for a collusion scheme to control a related market, according to media reports.
Procter & Gamble has agreed to modify some advertising claims promoting its Pampers Easy Ups diapers after a rival challenged them as misleading.
UPM states that it is not engaged in negotiations on a pulp mill investment with the Uruguayan government.
To meet the growing demand for high-quality tissue and strengthen the product offering in the UK, SCA is investing in a through-air drying (TAD) machine at its tissue plant in Skelmersdale. SCA has also decided to close an older tissue machine in Stubbins and signed an agreement to divest its tissue plant in Chesterfield to Sidcot Group Limited.
Sonoco Products Co. will open a $20 million packaging center in Fairburn, Ga., creating 130 full-time and 465 part-time jobs.
Nearly two full days after an explosion occurred at International Paper's mill plant in Cantonment, Fla. near Pensacola, officials from International Paper and local, state, and federal agencies held a press conference to give updates on the ongoing efforts to remediate and clean up the areas impacted by the explosion.
Japan's Nippon Paper Industries Co. Ltd is entering the Indian market by acquiring the largest local paper cup manufacturing company owned by the BK Modi Group for an undisclosed amount.
As of 2017, Södra will begin publishing quarterly financial reports. The first quarterly report will be presented on 20 April. Södra's year-end report for 2016 will be published on 17 February.
International Paper officials said Monday that their Cantonment mill in Florida experienced significant structural damage to the largest pulp digester as well as the power house during an explosion Sunday night. There were no injuries.
WestRock Company and Multi Packaging Solutions International Limited announced Tuesday that a definitive agreement has been reached for WestRock to acquire all of the outstanding shares of MPS for $18.00 per share in cash and the assumption of an estimated $873 million in net debt, for a total enterprise value of $2.28 billion.
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