Danish polyethylene packaging supplier Trioplast Nyborg has halved setup times to two hours after modernising its four-colour Fischer & Krecke common-impression flexo press with TRESU Ancillary’s FlexiPrint chambered doctor blade and F10iCon ink supply system.
Stora Enso has signed an agreement to divest its Uetersen specialty and coated fine paper mill in Germany to a company mainly owned by the private equity fund Perusa Partners Fund 2. The cash consideration for the divestment of the shares is approximately EUR 7 million subject to customary closing day adjustments.
Nussbaum, one of the leaders in the European monobloc packaging industry, has become the first company to install Polare, Sun Chemical’s new dispensing solution. Launched earlier this year at Metpack 2014, it is a compact system designed to meet the requirement for this particularly demanding market.
Cascades Inc. (TSX: CAS), a leader in the recovery of recyclable materials and the manufacturing of green packaging and tissue paper products, announces that it has reached an agreement for the sale of its North American boxboard manufacturing and converting assets to Graphic Packaging Holding Company for $44.9 million.
Enhances Graphic Packaging’s integrated folding carton offering in North America
Iggesund has embarked on a substantial initiative to reduce its environmental impact, which is now being recognized the world over. In October, the Pulp & Paper Industry (PPI) presented Iggesund with its “Bio Strategy of the Year” award based on an extensive investment program to reduce fossil carbon emissions.
Georgia-Pacific today announced an investment of approximately $6 million at its Thorsby, Alabama, engineered lumber operations to expand production capacity of laminated veneer lumber (LVL). In a move that positions the facility for long-term success, improvements include upgrading the press system’s lay-up line and veneer sheet feeders, as well as increasing overall veneer dryer capacity and efficiency. Project completion is expected by the second quarter of 2015.
