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Mondi mulls €350m investment to build new kraft paper machine at Štětí mill

10 August 2022
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Published in issue 32/2022
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~ 4 min
Mondi is one of the biggest players on the kraft paper and paper bag markets in Europe and globally and the company plans to strengthen its position with a new kraft paper machine in Europe. Mondi said it was mulling over a new...
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Sale of Verzuolo paper mill brings Burgo back in the black in 2021

27 July 2022
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Published in issue 30/2022
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~ 4 min
From the point of view of Italy’s pulp and paper company Burgo group, the year 2021 was a challenging year full of contrasts. The economy recovered quickly in the second year after the outbreak of the pandemic, and the good...
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CPH Group posts major rise in sales and results

27 July 2022
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Published in issue 30/2022
|
~ 3 min
The CPH Group’s business development in first half of the 2022 financial year turned out to be an outright success. Compared to the corresponding prior-year period, sales rose by 48 per cent to CHF360m (first half of 2021:...
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Demand for packaging drives growth at VPK Group, Alizay mill rebuild progresses

22 June 2022
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Published in issue 25/2022
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~ 2 min
Belgium’s VPK Group reports its 2021 sales rose by 28 per cent over the previous year to reach €1.75bn. Owing to cost pressure Ebitda grew at a more modest pace of 7 per cent, coming in at €212m. Net operating profit of €88m was...
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MM increases sales and earnings despite heavy cost burden in 2021

23 March 2022
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Published in issue 12/2022
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~ 4 min
Mayr-Melnhof Group (MM) recorded increased sales and earnings in the 2021 business year. Amidst unprecedented cost increases, especially for energy, recovered paper and pulp, the group was able to offset margin pressure with price...
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Smurfit Kappa reports strong results in 2021

16 February 2022
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Published in issue 7/2022
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~ 2 min
In spite of substantial and unprecedented cost increases, Irish paper and packaging producer Smurfit Kappa Group succeeded in raising its profits considerably, and with regard to the current year, the group’s forecasts are...
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Norske Skog: healthy fourth quarter helps to reduce losses in the full-year 2021

09 February 2022
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Published in issue 6/2022
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~ 2 min
After making significant losses in the second and third quarters of 2021, Norske Skog reported strong figures for the fourth quarter with sales growth of 25 per cent and a net profit of NOK400m. The result certainly improved...
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UPM raises sales and profit in 2021, graphic paper segment makes loss in Q4

Pulp earnings jump / "Results back to pre-pandemic levels"

02 February 2022
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Published in issue 5/2022
|
~ 3 min
UPM has left behind the dent in earnings that it suffered in the first year of the pandemic and has returned to post better results for the 2021 fiscal year. Five out of the company’s six business divisions post operating...
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Holmen’s wood products and energy businesses make profits grow in 2021

Paper and paperboard businesses record declines despite higher prices

02 February 2022
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Published in issue 5/2022
|
~ 4 min
2021 was a successful year for Holmen. In spite of a shortage in input goods and logistic resources and subsequently increased prices, Holmen was able to improve its position in several segments and increase its profits to record...
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DS Smith with sales and profit increase in the first half of 2021/22

12 January 2022
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Published in issue 1/2022
|
~ 2 min
UK-based corrugated packaging supplier DS Smith benefited from strong demand for packaging across all regions and rising prices in the first half of its financial year ending 31 October 2021. Sales, operating profit and net profit...
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