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The boards of Rottneros and Arctic Paper have decided to invest 15 million euro in a moulded fiber tray factory at Arctic Papers premises in Kostrzyn, Poland. The factory will be operated in a separate legal entity and as a 50/50 joint venture, in line with the LOI that was signed by the parties on October 22nd, 2021. “We are seeing a rapidly growing demand for moulded fiber trays, and we are pleased to announce that we are now ready to move forward with our plan to launch the Read more...

CHICAGO, April 29, 2019 /PRNewswire/ -- JBT Corporation (NYSE: JBT), a global technology solutions provider to high-value segments of the food & beverage industry, today announced it signed a definitive agreement to acquire Proseal uk Limited, a leading provider of tray sealing technology for the food industry. Privately held Proseal is headquartered in Read more...

CHATTANOOGA, Tenn., Nov. 1, 2019 /PRNewswire/ -- Southern Champion Tray (SCT), a leading provider of a wide-range of quality paperboard packaging solutions, received six awards at the 76th Annual North American Paperboard Packaging Competition Thursday, October 24 in Minneapolis, Minnesota. The awa Read more...