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Article archive

Mondi acquires Simet, plans

to add corrugator at the site

Mondi Group has completed the acquisition of the Polish sheet plant Simet, which was announced on 19 February. The Polish facility, which is located near Poznan, will operate under the name of Mondi Simet. Mondi said it has plans to expand and... more

Corrboard to install anaerobic digester

Sheet feeder Corrboard UK Ltd. has received planning consent for a 500 kW Anaerobic Digester (AD) plant to be located on its site in Scunthorpe. The scheme will be based next to the main 30,000 m² facility on the existing 77,000 m²... more

Britain’s biggest magazine printer

Polestar UK Print insolvent

British printing group Polestar is now under insolvency proceedings after all. Zelf Hussain and Peter Dickens of Pricewaterhouse Coopers were appointed insolvency administrators for Polestar UK Print Ltd. and Polestar Stones-Wheatons Ltd. on 25... more

Mutares planning to take over

Sonoco Schweighouse mill

According to a statement issued by the German Federal Cartel Office, German industrial holding company Mutares is considering the takeover of Sonoco Paper France and its Schweighouse coreboard mill in eastern France. Sonoco Paper France is part... more

News in brief

Italy’s recycled cartonboard manufacturer Reno de Medici (RDM), a subsidiary of Canada’s Cascades, will undergo a leadership change in the coming months. RDM’s Chief Executive Officer Ignazio... more

Weyerhaeuser to sell its pulp business

to International Paper for $2.2bn

US forestry group and pulp producer Weyerhaeuser Company announced on 2 May it was selling its pulp business to International Paper (IP) for $2.2bn in cash. Weyerhaeuser will thus completely exit the production of market pulp and will... more

April signs MoU with European wholesalers

Singapore-based Asia Pacific Resources International Holdings (April) is to intensify collaboration with European companies. During a visit of Indonesian president Joko Widodo to Europe from 18 to 22 April, accompanied by an economic... more

Holmen’s paper segment continued to recover

in first quarter of 2016 despite blaze at Hallsta mill

Holmen group posted sales of SEK3.8bn, operating profit of SEK348m, and net profit of SEK222m in the first quarter of 2016.

The Consumer board segment (formerly: Iggesund Paperboard) succeeded in raising its operating profit to... more

SCA posts strong Q1 thanks to hygiene business

Thanks to positive developments in the hygiene business, SCA reported improved results in the first quarter of the year. The Swedish company’s operating and net profits, which came in at around SEK3bn and SEK2bn, rose by approximately 10%... more

The Navigator Company posts

higher paper deliveries in Q1

The Navigator Company reports positive results from its pulp, paper and tissue business divisions but lower sales in its energy division for the first quarter of the year. Profits for the reporting period are similar to those of the same... more

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