16 April 2020
Established in 1978, Gulf Paper Manufacturing was the first company to start manufacturing paper in the Gulf region in 1981. Owned by two families of Kuwaiti entrepreneurs, it operates three production lines at its Mina Abdullah paper mill in Kuwait: PM1 produces packaging grades, mainly Fluting medium, Test liner and white top liner, using 100% recycled paper; PM2 manufactures tissue from 100% virgin pulp; the third is a tissue converting line. Its current capacity is 70,000 tons,
Read more...16 April 2020
The new mill will have a flexible line designed primarily to produce dissolving pulp. The scope of supply encompasses the dynamic models, DCS checkout, and Operator Training Simulator (OTS). ANDRITZ’s proprietary simulation tool IDEAS™ will be used to model the following process areas: fiber line, pulp drying machine and recovery boiler supplied by ANDRITZ, as well as the white liquor plant (including biomass gasification) and evaporation plant (including recrystallizati
Read more...15 April 2020
Sonoco, one of the largest diversified global packaging companies, today announced that its Board of Directors has approved an $83 million investment to strengthen its uncoated recycled paperboard (URB) mill system in the United States and Canada. The majority of the investment includes transforming its Hartsville, S.C., corrugated medium machine (No. 10 machine) into a state-of-the-art URB machine with annual production capacity of approximately 180,000 tons. The new Hartsville mac
Read more...14 April 2020
The US molded pulp packaging market is forecast to grow 6.1% annually to $1.3 billion in 2024, a new Freedonia Group analysis finds. Though near-term disruptions in supply and demand will result from the COVID-19 novel coronavirus pandemic, the key trends driving molded pulp packaging sales – namely, rapidly expanding demand for sustainable packaging alternatives – are expected to support a quick return to strong growth as the effects of the virus subside.
Read more...10 April 2020
ATLANTA, April 10, 2020 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a North American leader in business-to-business distribution solutions, announced today that in response to continued public health precautions regarding in-person gatherings given the coronavirus (COVID-19) pandemic, and out of concern for the health and well-being of share
Read more...ATLANTA, April 9, 2020 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) announced today the appointments of two new independent directors to the board—Tim E. Bentsen and James M. DeCosmo—effective immediately. CatchMark also announced that current independent board member Douglas D. Rubenstein
Read more...STOCKHOLM, April 9, 2020 /PRNewswire/ -- The coronavirus epidemic in China has sharply reduced importation of forest products in early 2020. During January and February, the import value of logs, lumber, pulp and wood chips totaled 4.6 billion dollars, down 26% and 14%, from the same periods in 2018 and
Read more...9 April 2020
ORLANDO, Fla., April 9, 2020 /PRNewswire/ -- Tupperware Brands Corporation (NYSE: TUP) today announced an organization redesign aimed at driving long-term sales and profitability growth, along with the appointments of three new executives to the Company's leadership team.
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