Stora Enso plan for expansion in production of renewable packaging board
Global paper and packaging solutions company Stora Enso has recently announced the possible conversion of a non-operational paper machine at their Oulu site in Finland. The proposed change would include converting the machine to produce folding box board (FBB), coated unbleached kraft and liner grades, with a projected annual output of 750,000 tonnes. Executive Vice President Hannu Kasurinen believes the investment will ‘respond to strong customer demand to replace plastic in packaging.’
Learn more about Stora Enso’s exciting growth strategy here: Stora Enso accelerates its growth agenda by exploring expansion in production of renewable consumer packaging board
Sappi Europe set to introduce new price increases
Belgian-based packaging and paper supplier Sappi Europe is set to introduce price increases across their graphic paper and board products. The increase will be approximately 8% and is projected to be introduced come April 1st. This 8% rise is an additional increase from the introduction of energy surcharges from earlier this year, which will be set as standard pricing at the start of the new business year.
For more information on the upcoming price increases from Sappi Europe click here: Sappi Europe announces price rises for its Graphic Paper and Board products | Sappi Global
Mondi announce the takeover of its Personal Care Components business
Mondi Group has recently announced that they have sold their Personal Care Components (PPC) business to Nitto Denko Corporation for €615 million. The decision was made due to the realisation that for the PPC to develop, it would be in better hands out with the group. PPC, which was formerly an aspect of the Mondi Engineered Materials business operations, manufactured home care products such as baby nappies and wipes. Japan-based organisation Nikko Denko looks to be the perfect candidate for the takeover, as they look to grow their human life product range.
Read the full story on the transaction between Mondi and Nitto Denko here: Mondi to divest its Personal Care Components business (mondigroup.com)
Mercer Stendal set to expand Arneburg pulp mill
German paper and board producers Mercer Stendal have announced expansion and modernisation of their Arneburg pulp mill after operations were halted in Summer 2021. With expansions now complete, the annual production output of the mill has increased to 740,000 tonnes, as well as the plant now being more environmentally friendly.
Read the full press release on Mercer Stendal’s recent expansion here: Arneburg pulp mill successfully expands | | mercer Blog (mercerint.com)
Toscotec supply AHEAD 2.2 tissue line to City Group
Technology company Toscotec will provide an AHEAD 2.2 tissue line on a turnkey basis to Bangladeshi company City Group, which set their sights on entering the tissue market. The project has been announced to begin in 2023 and will be situated in the Hoshendi Economic Zone near the city of Dhaka. The AHEAD 2.2 is up to date with the latest industry designs and provides optimum efficiency through its speed and production capacity.
For all details regarding the upcoming project read here: Toscotec to supply a turnkey tissue line to City Group for new market entry.: Toscotec