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Published in issue 31/2021
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Swedish packaging paper and board company Billerud Korsnäs aims to divest the Beetham kraft paper mill in the UK. The process to sell the mill is already underway, the company said. "Since Billerud Korsnäs’ machine glazed (MG)...
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Published in issue 17/2021
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Spanish producer of paper and corrugated packaging Grupo Hinojosa plans to invest roughly €130m in the next three years. The company announced the investment package when presenting its financial results for 2020. The investment...
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According to a Bloomberg report, Mondi considers takeover of rival DS Smith. Paper and packaging group Mondi is reportedly looking into a possible takeover of British company DS Smith, according to the U.S. news group Bloomberg. ...
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Published in issue 23/2020
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Lecta has been rocked by the coronavirus crisis and needs more capital only shortly after financial restructuring. At the time of presenting quarterly results, the company announced that it has turned to banks and holders of the...
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Published in issue 18/2020
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UPM is still in talks with potential buyers for its Chapelle Darblay newsprint mill in France. The company now confirmed that the deadline for a possible sale of the mill will be postponed. While UPM had always said that the site...
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Published in issue 12/2020
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Business operations of Ahlstrom-Munksjö were impacted by the integration of acquired companies and declining demand last year. Markets had turned out to be more difficult than expected in 2019, explained Hans Sohlström, President...
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Published in issue 31/2019
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Stora Enso will sell its 60 per cent stake in the Dawang publication paper mill in Dongying, China. The mill is operated by a joint venture with Shandong Huatai Paper, who will take over the entire mill. Stora Enso said that the...
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Published in issue 51/2018
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British DS Smith PLC generated sales of £3.07bn in the first six months of the current financial year (May – October 2018). According to the company, the increase is attributable to both organic growth and acquisitions. The...
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Published in issue 44/2018
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Stora Enso is strengthening its fibre and cellulose operations by increasing its stake in the Swedish firm Cellutech AB to 100%. Cellutech specialises in developing new materials and applications based on cellulose,...
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Published in issue 26/2018
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British paper and packaging manufacturer DS Smith plans to issue roughly 293 million new shares to raise about £1bn (€1.15bn). The proceeds will partly finance the acquisition of Papeles y Cartones de Europa S.A. (Europac). In...
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