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Business Wire

Packaging Corp of America 1Q 2014 financial results: Record net income of $106 million on Boise acquisition; net sales a record $1.4 billion

By Tue, Apr 22, 2014

LAKE FOREST, IL, April 22, 2014 (Business Wire) -Packaging Corporation of America (PKG) today reported first quarter net income of $90 million, or $0.92 per share. First quarter 2014 net income included after-tax charges for special items of $16 million, or $0.16 per share, including accrual of costs for the settlement of the containerboard antitrust lawsuit ($0.11), Boise integration related costs ($0.03) and non-cash charges related to the DeRidder restructuring ($0.02). Excluding these special items, first quarter 2014 net income was a record $106 million, or $1.08 per share, compared to first quarter 2013 net income of $62 million, or $0.64 per share. Net sales were a record $1.4 billion compared to first quarter 2013 net sales of $755 million.

Press Release

Spanish print shops modernize machine parks with Heidelberg equipment

By Thu, Apr 24, 2014

HEIDELBERG, Germany, April 24, 2014 (Press Release) -

  • Anniversary: Heidelberg and Spanish distributor Hartmann celebrate 50 years together
  • Investments planned to boost productivity and support industrial printing

  • Growth in packaging and label markets and in customized presses for commercial printing

Business Wire

BillerudKorsnäs to invest SEK 180 million in Gruvön PM 6 in Sweden; production of virgin-fiber fluting to rise by 40,000 tonnes

By Wed, Apr 23, 2014

SOLNA, Sweden, April 24, 2014 (Business Wire) -BillerudKorsnäs´ Board of Directors has approved a 180 MSEK investment for paper machine 6 at the Gruvön production unit. The investment is an important part of the value growth strategy for the BillerudKorsnäs business area Containerboard.

Press Release

Zellstoff Pöls to present its Starkraft paper brand at Interpack in Düsseldorf, Germany, May 8-14

By Wed, Apr 23, 2014

POLS, Austria, April 23, 2014 (Press Release) -It was only a few months ago that the new kraft paper machine of the Zellstoff Pöls AG went into full operation. It is the largest and most modern kraft paper machine in Europe and produces over 80.000 tons of high quality, white kraft paper, traded under the name of Staarkraft.

Press Release

RockTenn realigns to simplify operations, better serve customers; creates paper and packaging units

By Wed, Apr 16, 2014

NORCROSS, GA, April 16, 2014 (Press Release) -RockTenn today announced that it is realigning its operations to serve customers better and to simplify its business.

"This realignment will help customers more easily access our full line of products and services, simplify our operations and build on the company's exceptional capabilities to serve customers," said Steve Voorhees, RockTenn's Chief Executive Officer.

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