(IN BRIEF) ANDRITZ will equip the ArcelorMittal–China Oriental Group joint venture in Changzhou with essential silicon steel production technology, including three annealing and coating lines, a reversing cold rolling mill, and twelve inductors. This installation supports the NEMM project’s mission … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Metals and Minerals, News, Technology
Tagged Andritz, ArcelorMittal, ArcelorMittal Jinxi New Materials (Changzhou) Co., Changzhou, China Oriental Group, decarbonization, final annealing coating lines, foreign direct investment, generators, green manufacturing, inductors, industrial modernization, Jiangsu province, metals technology, NEMM, NEV motors, New Energy Magnetic Material project, New Energy Vehicles, partnership, Q2 2025, reversing cold rolling mill, silicon steel, sustainability, transformers
(IN BRIEF) Ahlstrom, a leader in fiber-based specialty materials, has entered into a definitive agreement to acquire Stevens Point—a key provider of advanced solutions in the food, consumer packaging, and e-commerce sectors—from Pixelle Specialty Solutions. This strategic purchase, bolstered by … Read the full press release
Posted in Business, Environment, Financial, Finland, Food & Beverage, Industrial, Investment, Management, News, Technology
Tagged 260 employees, abrasives, Ahlstrom, Beverage & Casing, consumer packaging, customer service, E-Commerce, fiber-based specialty materials, FOOD, Helen Mets, INNOVATION, Konraad Dullaert, Performance Materials cluster, Pixelle Specialty Solutions, precision coating, Q2 2025, regulatory approvals, Release Liners, restructuring, Stevens Point, Strategic Acquisition, Sustainable packaging, USD 600 million financing, Wisconsin, Wolfgang Laures
(IN BRIEF) Stora Enso has commenced the production ramp-up of its new consumer packaging board line at its Oulu facility in Finland, with initial deliveries scheduled for Q2 2025. The project, which began in 2022 by converting an idle paper … Read the full press release
Posted in Business, Environment, Finland, Industrial, Marketing
Tagged 2025, 2027, annual capacity, biomaterials, coated unbleached kraft, consumer packaging board, CUK, EBITDA breakeven, Enocell, EUR 1 billion, EUR 800 million, FBB, Finland, folding box board, full capacity, Hans Sohlström, integrated mega-site, Junnikkala sawmills, kraftliner, local wood supply, Nasdaq Helsinki, Nasdaq Stockholm, Oulu site, packaging, production ramp-up, Q2 2025, renewable packaging, Renewable Products, Skoghall, Stora Enso, sustainable, Sweden, unbleached pulp, Veracel, wood consumption, wooden construction
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