BRUSSELS, July 17, 2014 (RISI) -The German folding carton specialist Edelmann plans to expand in Hungary. The firm is investing Euro 15 million ($20.4 million) in a new production facility in the country.
SAN FRANCISCO, July 17, 2014 (RISI) -US corrugated box shipments remained lackluster in June as containerboard inventories dropped by 11,000 tons despite mills running at 97.1% of capacity, according to the latest industry statistics.
HARTSVILLE, SC, July 17, 2014 (Globe Newswire) -Sonoco (SON), one of the largest diversified global packaging companies, today reported financial results for its second quarter ending June 29, 2014. Second Quarter Highlights Second quarter 2014 GAAP earnings per diluted share were $.59, compared with $.53 in 2013.
Second Quarter Highlights
Second quarter 2014 GAAP earnings per diluted share were $.59, compared with $.53 in 2013.
BRUSSELS, July 17, 2014 (PPI Europe) -Chesapeake Greenford has signed up KBA to supply a RAPIDA 106 four-color B1 press for its plant in the UK as part of a £3 million ($5.1 million) investment program.
BRUSSELS, July 17, 2014 (PPI Europe) -The Confederation of European Paper Industries (CEPI) has held a meeting with EU Trade Commissioner Karel De Gucht to discuss measures that the EU can take to protect the interests of the European paper industry on the Russian market.
LONDON, July 17, 2014 (Press Release) -Gareth Jenkins has been promoted into the role of managing director at DS Smith's UK packaging division.
SAO PAULO, July 16, 2014 (RISI) -Chilean pulp and paper producer CMPC shut down in April its corrugated board converting plant in Quilicura, near the country's capital Santiago. The company's total corrugated board capacity remains unchanged, though, a spokesperson told RISI.
SAO PAULO, July 16, 2014 (RISI) -Mexican packaging paper and corrugated board producer Grupak has scheduled for August the startup of its new 180,000 tonnes/yr containerboard machine to be installed at the company's Hidalgo plant in eastern Mexico.
HEIDENHEIM, Germany, July 16, 2014 (Press Release) -Following a rebuild by Voith, the PM 2 of the Europac Group (Papeles y Cartones de Europa, S.A.) was successfully restarted at its plant in Duenas in the Spanish Province of Palencia after just 15 days of downtime and seven days of commissioning.