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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...

Procemex to deliver OnePlatform Web Monitoring and Inspection System for a high class folding box board machine in Europe. High class folding box board provider in Europe has placed an order for Procemex OnePlatform Web Monitoring &  Inspection System  for their board machine and Automatic Target Control (ATC) for a slitter winder. System will be commissioned in summer of 2022. This OnePlatform system order is a 60th repeat system order from this company duri Read more...

Valmet will supply a new sizing section with a hard nip sizer to Asia Paper Manufacturing at Sihwa Mill in the Republic of Korea. The main target for the rebuild of paper machine PM 1 is to increase strength properties of produced container and gypsum board grades. The start-up of the rebuilt paper machine is scheduled for the second half of 2021. The order is included in Valmet's orders received of the first quarter 2020. The value of the order will not be disclosed. The total Read more...