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Mondi to sell Syktyvkar paper mill in Russia

11 May 2022
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Published in issue 19/2022
|
~ 3 min
After examining all options for several weeks, paper and packaging manufacturer Mondi has decided to sell its assets in Russia. In a statement on 4 May, Mondi said: “The divestment process for these significant assets is...
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Pro-Gest’s net profit plummets 82 per cent in the first nine months of 2021

15 December 2021
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Published in issue 50/2021
|
~ 3 min
Like other companies in the industry, Italian packaging and tissue group Pro-Gest had to learn the hard way that a sharp increase in sales still offers no assurance of high profits. Consolidated sales of the group for the first...
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European Investment Bank supports modernisation of SCA’s Obbola kraftliner mill

13 October 2021
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Published in issue 41/2021
|
~ 2 min
Sweden’s pulp and packaging paper company SCA will borrow €300m from the European Investment Bank (EIB) for the modernisation of the Obbola kraftliner mill in Sweden. In Obbola, SCA is currently installing a new 725,000 tpy...
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Pro-Gest’s first half 2021 sales up but profit lower

08 September 2021
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Published in issue 36/2021
|
~ 4 min
According to Italy‘s independent paper and packaging group Pro-Gest, the group‘s financial results for the first half of 2021 reflected high outlay for raw materials, energy and CO2 trading certificates. For example, the share of...
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Klabin starts up new kraftliner machine in Brazil

High costs burden Reno de Medici’s half-year results despite healthy demand

Klabin starts up new kraftliner machine in Brazil
18 August 2021
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Published in issue 33/2021
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~ 3 min
For Italian board producer Reno de Medici (RDM), the first half of the year was marked, amongst others, by the divestment of the La Rochette mill in France in April, which concurrently meant the departure of the company from the...
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Pro-Gest posts lacklustre first quarter results, company banking on the future

23 June 2021
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Published in issue 25/2021
|
~ 4 min
Compared with the first three months of the previous year, financial results of Italian paper and packaging producer Pro-Gest for the first quarter of the year have few highlights to offer. The new recycled corrugated case...
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Mondi reportedly interested in acquiring industry peer DS Smith

New containerboard machine in Ružomberok now operational

03 March 2021
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Published in issue 9/2021
|
~ 4 min
Paper and packaging producer Mondi is exploring a prospective takeover of British recycling, paper, and packaging company DS Smith, US media company Bloomberg reports. Mondi is reportedly talking to advisers and the talks are in...
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Nine Dragons confronts difficult market conditions, significantly expands capacity

01 July 2020
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Published in issue 27/2020
|
~ 3 min
China’s biggest paper producer, Hong Kong-based Nine Dragons looks back on a difficult first half (Aug 2019-Jan 2020) of the 2020 financial year – a period marked by the trade dispute with USA, extreme currency volatility and...
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Province OKs capacity increase at Mantua mill, Pro-Gest wants to get mill up and running in H1

06 May 2020
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Published in issue 19/2020
|
~ 4 min
The long wait seems to have come to an end with a positive outcome for the Italian paper and packaging manufacturer Pro-Gest and its subsidiary Cartiere Villa Lagarina. At the latest meeting of provincial authorities in Mantua at...
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SCA decides to build new kraftliner PM in Obbola, Munksund mill offers 50,000 t more WTKL

04 September 2019
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Published in issue 36/2019
|
~ 5 min
Swedish pulp and paper manufacturer SCA has made a final decision for the SEK7.5bn investment in new kraftliner machine at its Obbola mill in Umeå. The new machine will have a capacity of 725,000 tpy and likely be commissioned in...
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