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RICHMOND, Va., Feb. 19, 2020 /PRNewswire/ -- Liqui-Box, a portfolio company of Olympus Partners, and the U.S. Department of Justice (DOJ) have entered into an agreement to allow Liqui-Box to acquire DS Smith plc's Plastics Division (DS Smith Plastics). The transaction is expected to close in Q1 2020. As part of the agreement, Liqui-Box will divest sele Read more...
The persistent global economic downturn is proving to be much tougher than anticipated with depressed markets, geopolitical instability and weak economic growth combining to put significant pressure on Sappi, particularly in Europe. In response we announced on 06 July 2023 the start of a consultation process on the possible closure of Stockstadt Mill. We have completed this process and agreed on the social plan for the employees. In addition, an agreement has been signed for the sal Read more...
International technology Group ANDRITZ has successfully started up the rebuilt BM1 for PJSC Kyiv Cardboard and Paper Mill at their site in Obukhiv, Ukraine. The rebuild of the packaging paper machine covered the upgrade of the press and calender sections, including extensions to the existing automation system. To improve the machine’s capacity and the surface quality of the paper, ANDRITZ relocated the existing press from the second to the third press position and installed a Read more...
