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Search Results for: packaging
Stora Enso’s Executive VP of Brand and Communications René Hansen to leave in 2023
(IN BRIEF) René Hansen, Executive Vice President for Brand and Communications at Stora Enso, will be leaving the company on May 4, 2023, to pursue new career opportunities outside the firm. Stora Enso’s President and CEO, Annica Bresky, thanked Hansen … Read the full press release
Posted in Business, Finland, Industrial, Management, News
Tagged Annica Bresky, Katariina Kravi, René Hansen, Stora Enso
Henkel’s Q1 Sales Rise Thanks to Strong Organic Growth and Double-Digit Pricing
(IN BRIEF) Henkel, the German consumer goods and adhesives manufacturer, announced a strong start to the year with group sales of approximately €5.6 billion in the first quarter of 2023. The company achieved a very strong organic sales growth of … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Management, News
Tagged Carsten Knobel, Financial, Henkel, organic growth
FAW-Volkswagen Boosts Battery Production with Over 100 KUKA Robots
(IN BRIEF) FAW-Volkswagen is using over 100 KUKA robots to increase battery pack production at its Fo-shan facility in southern China. The MEB Smart Factory produces up to 300,000 battery packs per year for the all-electric MEB platform. The factory … Read the full press release
Partnership of BASF, Krones, SÜDPACK, and TOMRA Paves the Way for Multi-Layer Film Recycling
(IN BRIEF) BASF, Krones, SÜDPACK, and TOMRA have collaborated on a project to recycle PET/PE multi-layer packaging by separating it into its individual components and returning them to the materials cycle as raw materials. During the first industrial trial at … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Industrial, Management, News
Tagged BASF, Carolin Grimbacher, David Rüßmann, Kresimir Cule, Krones, partnership, recycling, SÜDPACK, Thore Lucks, TOMRA
INEOS Olefins & Polymer Europe signs renewable power agreement with Skagerak Energitjenester for Norwegian plants
(IN BRIEF) INEOS Olefins & Polymer Europe has signed a deal with Skagerak Energitjenester to supply renewable energy to its Rafnes and Bamble plants in Norway. The plants will be provided with 100% green power generated from hydroelectric production, reducing … Read the full press release
Evonik Launches ELATUR® TM, a New High-Temperature Resistant Plasticizer
(IN BRIEF) Evonik has launched a new plasticizer product called ELATUR® TM, which belongs to the trimellitate group and offers a combination of high temperature resistance, low volatility, and low migration behavior. The new product is suitable for high-temperature cables, … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Management, News, Technology
Tagged ELATUR® TM, Evonik, plasticizer, Roland Pietz, Sara Raschke
Stora Enso’s new guidance reveals weaker 2023 earnings due to worsening market outlook
(IN BRIEF) Stora Enso, in its financial statement release for 2022, had indicated that its full-year 2023 operational EBIT would be lower than the previous year. However, the company’s new guidance reveals that the 2023 operational EBIT is expected to … Read the full press release
Posted in Business, Financial, Finland, Industrial, Management, News
Tagged earnings, Financial, market outlook, Stora Enso
Intesa Sanpaolo and Carrefour Italia agree to ESG credit line to reduce emissions
(IN BRIEF) Intesa Sanpaolo and Carrefour Italia have entered into an agreement for an ESG (environmental, social and governance) credit line worth €55 million to support the issuance of guarantees to Carrefour Italia’s subsidiaries. The credit line includes an incentive … Read the full press release
BASF to Showcase Ultramid Ccycled and Recyclable PE/PA Films at Interpack 2023
(IN BRIEF) BASF will be showcasing its packaging solutions at interpack 2023, including the sustainable polyamide Ultramid Ccycled, which is made from the chemical recycling of plastic waste, thus helping to keep difficult-to-recycle plastic waste in the material cycle. BASF … Read the full press release
Posted in Chemicals, Environment, Germany, Industrial, Management, Media, News
Tagged BASF, Interpack 2023, Messe Düsseldorf, packaging, Recyclable PE/PA Films, sustainability, Ultramid® Ccycled™
Saab signs contract for support and maintenance services for JAS 39 Gripen C/D fighter aircraft
(IN BRIEF) Swedish defence company Saab has signed a contract with the Swedish Defence Materiel Administration for support and maintenance services for the JAS 39 Gripen C/D fighter aircraft. The order is valued at SEK 308m ($35.3m) and includes development, … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Management, News, Sweden
Tagged Arboga, JAS 39 Gripen C/D fighter aircraft, Linköping, partnership, Saab
TotalEnergies to optimize portfolio with sale of Cray Valley’s product lines
(IN BRIEF) TotalEnergies has agreed to sell three product lines, including four production sites in the United States and the Cray Valley Italy affiliate, to Pacific Avenue Capital Partners. The product lines to be acquired are Wingtack, PolyBD, and Dymalink, … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Investment, Management
Tagged C4, Carling, Cleartack®, Cray Valley, divestment, Dymalink, Grand Junction, Kralupy, Krasol®, Pacific Avenue Capital Partners, PolyBD®, production sites, pure-monomer resin, resins, Ricon®, TotalEnergies, Wingtack®
ANDRITZ to Provide Electrostatic Precipitator for Swedish Paper Mill
(IN BRIEF) Technology group ANDRITZ has won an order from Billerud AB, a Swedish pulp and paper manufacturer, to supply a flue gas treatment system for its Gruvön mill. The new system will enable the mill to increase the capacity … Read the full press release
FMO and partners provide second syndicated loan to Turkey’s Kılıç Deniz for growth and diversification
(IN BRIEF) Dutch development bank FMO, along with French development finance institution Proparco and SDG-focused emerging market credit fund ILX Fund, has provided a €60m ($71.6m) syndicated loan to Turkey’s Kılıç Deniz, a leading aquaculture player. The funds will be … Read the full press release
Posted in Banks, Business, Environment, Financial, Food & Beverage, Management, Netherlands, News
Tagged aquaculture, FMO, Hakan Uyanık, ILX Fund, Kılıç Deniz, Pieternel Boogaard, Proparco, Scarlett Carré de Malberg, syndicated loan, Turkey
Deutsche Telekom introduces “Campus Network M with Industrial Frequencies” for business customers
(IN BRIEF) Deutsche Telekom has launched a new product, “Campus Network M with Industrial Frequencies”, which allows businesses to have their own private 5G network, with the benefits of dedicated bandwidth, guaranteed availability, and full 5G performance without investing in … Read the full press release
Posted in Business, Germany, Internet & Online, Management, News, Technology, Telecom
Tagged "Campus Network M with Industrial Frequencies", 5G, Arburg, Business, Deutsche Telekom, Hagen Rickmann, Jürgen Boll, LTE
Stora Enso Completes Sale of Hylte Paper Production Site, Reducing Annual Sales by EUR 160 Million
(IN BRIEF) Stora Enso has completed the sale of its paper production site in Hylte, Sweden, and all related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The sale is part of Stora Enso’s previously announced plan … Read the full press release
Posted in Business, Finland, Industrial, Management, Sweden
Tagged biocomposite, Biomaterials Innovations, building solutions, divestment, fiber, Hylte, Maxau, mill, packaging, packaging materials, paper, paper production, sawmill, Schwarz Produktion, Stora Enso, Sweden, Sweden Timber, Sylvamo
Ukrainian pharma company YURiA-PHARM acquires Uzbek firm Reka-Med with EBRD financing
(IN BRIEF) YURiA-PHARM, a leading Ukrainian pharma company, has acquired Reka-Med, a pharmaceutical company in Uzbekistan, with the help of €10 million of finance repurposed from an existing loan made by the European Bank for Reconstruction and Development (EBRD). The … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Pharma & Biotech, United Kingdom
Tagged ACQUIRES, EBRD, financing, Matteo Patrone, Reka-Med, UK, UKRAINE, Uzbekistan, YURiA-PHARM
Stora Enso dévoile une nouvelle structure de rapport et améliore la transparence
(ACTUALITÉ EN BREF) Stora Enso a annoncé des modifications de son information sectorielle à compter du 1er janvier 2023. La société a retraité les chiffres comparatifs de son information sectorielle en 2021 et 2022, et les nouveaux segments de reporting … Read the full press release
Posted in Business, Financial, Finland, Industrial, Management, News
Tagged Anjala, Biocomposites, biomatériaux, désinvestissements, division papier, fibre formée, forêt, information sectorielle, Langerbrugge, matériaux d'emballage, Maxau, produits du bois, segments de reporting, Selfly Stores, solutions circulaires, solutions d'emballage, Stora Enso
Stora Enso Unveils New Reporting Structure, Enhances Transparency
(IN BRIEF) Stora Enso has announced changes to its segment reporting effective from January 1, 2023. The company has restated comparative figures for its segment reporting in 2021 and 2022, and the new reporting segments include Packaging Materials, Packaging Solutions, … Read the full press release
Posted in Business, Financial, Finland, Industrial, Management, News
Tagged Anjala, Biocomposites, biomaterials, circular solutions, divestments, forest, Formed Fiber, Langerbrugge, Maxau, packaging materials, packaging solutions, Paper division, reporting segments, segment reporting, Selfly Stores, Stora Enso, Wood Products
Leading Finnish Lawyer Micaela Thorström Joins Stora Enso as EVP, Legal and General Counsel
(IN BRIEF) Stora Enso, a leading global provider of renewable solutions in packaging, biomaterials, wooden constructions, and paper, has appointed Micaela Thorström as its new Executive Vice President, Legal and General Counsel, effective April 2023. Thorström has over two decades … Read the full press release
Ahlstrom Makes Commitment to Reduce Emissions in Line with Climate Science
(IN BRIEF) Ahlstrom has released its annual sustainability report for 2022, highlighting the company’s commitment to setting near-term company-wide emission reductions in line with climate science with the Science Based Targets initiative (SBTi). The report also showcases Ahlstrom’s Platinum EcoVadis … Read the full press release
Posted in Business, Environment, Finland, Management, News
Tagged Ahlstrom, climate science, Finland, Helen Mets, reduce emissions
Merck to exhibit innovative pigment development for automotive coatings at European Coatings Show 2023
(IN BRIEF) Merck will showcase innovative ideas and new products for the paint and coatings industry at the European Coatings Show 2023 in Germany. One of the highlights will be the latest pigment development from the company that enables Surface … Read the full press release
Posted in Automotive, Business, Chemicals, Germany, Management, Media, News, Science, Technology
Tagged automotive coatings, Colorstream®, European Coatings Show 2023, exhibit, F20-52 SW Mineral Red pigment, Germany, innovative, Merck, Nuremberg, pigment, silica pigment
ABB Robotics invests $20M in Michigan expansion, creating 72 jobs
(IN BRIEF) ABB has commenced construction on an expansion of its North American robotics headquarters and manufacturing facility in Auburn Hills, Michigan. The $20m investment is expected to be completed by November 2023 and is supported by a $450,000 Michigan … Read the full press release
Posted in Business, Electronics & Machinery, Industrial, Investment, Management, News, Switzerland, Technology
Tagged ABB, expansion, Gretchen Whitmer, investment, John Bubnikovich, Michigan, robotics, Sami Atiya, Switzerland
Unilever shows long-term commitment to Ukraine with €20m investment
(IN BRIEF) Unilever has announced plans to invest €20m in a new personal care product manufacturing facility in the Kyiv region of Ukraine. The factory is set to open in 2024 and will create around 100 jobs, primarily manufacturing personal … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Industrial, Investment, Ukraine, United Kingdom
Tagged Axe, Clear, Dove, Factory, humanitarian relief effort, net zero, personal care products, production facility Kyiv, shampoos, shower gels, TRESemmé, UKRAINE, Unilever, Unilever Ukraine, Vasyl Bovdilov
French Value Chain for Plastic Recycling to be Developed by TotalEnergies and Paprec
(IN BRIEF) TotalEnergies and Paprec have signed a long-term agreement to establish a French value chain for advanced recycling of plastic film waste. Under the terms of the agreement, Citeo will provide a stream of flexible plastic waste sorted from … Read the full press release
Former DS Smith Group Finance Director joins Co-op Board
(IN BRIEF) The Co-operative Group Limited has announced that Adrian Marsh will join the company as an Independent Non-Executive Director and Chair of the Risk and Audit Committee. Marsh is retiring from his role as Group Finance Director at FTSE … Read the full press release
Ahlstrom plant die Veräußerung des Werks in Stenay, um den Herausforderungen des Verpackungssektors zu begegnen
(IN KÜRZE) Der finnische Spezialpapierhersteller Ahlstrom erwägt die Möglichkeit, sein Werk in Stenay in Frankreich zu veräußern, das einseitig gestrichene Spezialpapiere für spezielle Anwendungen im Verpackungssektor herstellt. Das Werk hat eine Jahreskapazität von rund 55.000 Tonnen Spezialpapier und beschäftigt 127 … Read the full press release
Posted in Business, Finland, France, Industrial, Investment
Tagged Ahlstrom, Frankreich, Mark Ushpol, Spezialpapiere, Veräußerung, Verpackungen, Werk Stenay
Henkel Releases 32nd Sustainability Report Highlighting Progress on Climate Protection, Social Engagement, and Waste Reduction
(IN BRIEF) Henkel has released its 32nd Sustainability Report, outlining the company’s progress towards achieving its sustainability strategy and targets. Despite a challenging market environment, the company has made significant progress in areas such as climate protection, social engagement, and … Read the full press release
German consortium, led by Infineon, to build automotive supercomputing platform
(IN BRIEF) Infineon is leading a consortium of 30 research partners in the development of an automotive supercomputing platform for future highly-automated vehicles. The research project, called Mannheim-CeCaS, will investigate the development of a holistic central computing platform to provide … Read the full press release
Posted in Automotive, Germany, Industrial, Technology, Transportation & Logistics
Tagged Ambrosys, ASIL-D, auto-mobility, automated connected vehicles, automotive qualification, automotive supercomputing, Autonomous Vehicles, AVL Software & Functions, Berliner Nanotest und Design, BMBF, Bosch, CentralCarServer, Chemnitz University of Technology, Continental, Continental Automotive, FinFET, Fraunhofer ENAS, Fraunhofer Institutes, FZI Research Center for Information Technology, Glück Engineering, Hella, IMWS, Inchron, Infineon, Infineon Technologies AG, IPMS, IZM, Karlsruhe Institute of Technology, Karlsruhe Institute of Technology (KIT), Kernkonzept, LIS and SEC), Mannheim-CeCaS, Missing Link Electronics, Munich University of Applied Sciences, Peter Schiefer, Steinbeis ZFW, STTech, Swissbit Germany, Technical University of Munich (AIR, TU Munich, Universität zu Lübeck, ZF Friedrichshafen
PackBenefit Secures €13 Million Venture Debt Loan from European Investment Bank for Sustainable Food Tray Production
(IN BRIEF) PackBenefit, a company specializing in sustainable food packaging solutions, has secured a €13 million venture debt loan from the European Investment Bank (EIB) to increase its manufacturing capacity for recyclable and compostable food trays. The funding will be … Read the full press release
Posted in Banks, Environment, European Union, Financial, Food & Beverage, Industrial, Investment, Spain
Tagged Aldeamayor de San Martin, Circularity Capital, compostable, EIB, EIB Advisory Services, EU Waste Framework, European Commission Circular Economy Action Plan, European Investment Advisory Hub, food trays, Horizon 2020, InnovFin, Mariya Gabriel, Packaging Waste Directives, PackBenefit, Philippe Fèvre, R&D&I, recyclable, Ricardo Mourinho Félix, Spain, Sustainable packaging, The European Investment Bank, Valladolid, venture debt loan
ANDRITZ and Lee & Man Paper Partner to Enhance Production Capabilities in Malaysia
(IN BRIEF) Technology group ANDRITZ has received an order from Lee & Man Paper Manufacturing Ltd. to supply a PrimePress X shoe press for their mill in Banting, Malaysia. The shoe press will replace the conventional first press, delivering improved … Read the full press release
Posted in Austria, Industrial, Technology
Tagged Andritz, containerboard machine, Lee & Man Paper Manufacturing Ltd., Malaysia, paper mills, PM23, PM25, PM27, PrimePress X, pulp mill, shoe press
Renewable materials giant Stora Enso partners with Valmet for sustainable lignin production
(IN BRIEF) Stora Enso, a Finnish renewable materials company, has announced a collaboration with Valmet, a Finnish engineering company, to develop next-generation lignin products and processes. The partnership aims to develop lignin products and processes to increase quality, customer value, … Read the full press release
Posted in Business, Environment, Finland, Industrial, News, Technology
Tagged asphalt, biomaterials, dyestuff, furniture panels, Hanna Karlsson, Jussi Mäntyniemi, Kimmo Ruohoniemi, kraft lignin, lignin, LignoBoost, plywood, Stora Enso, Valmet
Thompson Duke Industrial Attains CE Certification for its Cannabis Vaporizer Cartridge Filling Equipment
Leading U.S. equipment manufacturer earns required CE marking to sell its machines in the European Union (IN BRIEF) Thompson Duke Industrial has received CE certification for its cannabis vape cartridge filling equipment in Europe, including its IZR and MCF line … Read the full press release
Posted in Agriculture, Business, Electronics & Machinery, Healthcare, Industrial, International Trade, News, Small Business
Tagged cannabis, cannabis business, cannabis equipment, cannabis extracts, cannabis oil vaporizer device filling, cannabis vape cartridge filling, capping equipment, CE certification, CE Certified equipment, CE marking, cETLus/CSA Certified, engineering, engineers, Festo automation, GMP-ready, IZR, manufacturers, manufacturing equipment, manufacturing industry, MCF, medical cannabis, RoHS, Thompson Duke Industrial, vape filling equipment, vaporizer device filling machines, Vlad Valme, WEEE
£73 Billion Sector Collaborates on ‘Flue2Chem’ to Transform UK Consumer Products Sustainability
(IN BRIEF) Industry leaders from a £73 billion UK sector, including Unilever, BASF, and Tata Steel, have joined forces in the “Flue2Chem” program to transform the sustainability of the consumer products industry and reduce greenhouse gas emissions. The project, which … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Industrial, Management, News, Science, Technology, United Kingdom
Tagged BASF, Bruce Adderley, Carbon Clean, Centre for Process Innovation, Confederation of Paper Industries, consumer products, Croda, David Bott, Flue2Chem, greenhouse gas emissions, Holmen, Ian Howell, industrial waste gases, Johnson Matthey, Procter & Gamble, Reckitt, SCI, Society of Chemical Industry, sustainability, sustainable chemicals, Tata Steel, TFI, the University of Sheffield, The University of Surrey, Transforming Foundation Industries, UK’s consumer products industry, Unilever, UPM-Kymmene, value chain
Sistemas automatizados de rosqueamento da ANDRITZ para revolucionar a indústria de embalagens de papel no Brasil
(NOTÍCIA EM BREVE) A ANDRITZ garante o pedido da Klingele Paper & Packaging Group no Brasil para fornecer sistemas automatizados de rosqueamento para máquinas de papel PM1 e PM3. Os sistemas, que visam aumentar a segurança e reduzir o tempo … Read the full press release