We are pleased to announce a significant investment plan to be implemented in the next two years across our three packaging sites in Greece. The 33.9 million euro investment is focused on equipment upgrades including purchasing state-of-the art machinery for innovative packaging to support ongoing plastic replacement and boost productivity as part of our ambitious growth strategy in the East European market. Starting with upgrades at Ierapetra's Box Plant this summer,

The "Global Thermal Paper Market 2023 - 2030" report has been added to ResearchAndMarkets.com's offering. The global thermal paper market size is expected to reach USD 5.56 billion by 2030, registering a CAGR of 4.2% over the forecast years. This growth is attributed to the rising usage of POS terminals for monetary transactions in applications such as warehouses, supermarkets, and retail outlets. Thermal papers are majorly used in printing receipts at POS te

Velvet CARE, Central Europe’s fastest-growing consumer tissue maker, will build its third paper machine in five years as part of a PLN 364 million ($91 million) project to solidify its market position, increase efficiency and make production more sustainable. The company, owned by ESG transformation specialist private equity fund Abris Capital Partners, will receive support from the Kraków Technology Park for the investment, making it Velvet CARE’s third project w

Blandin Paper Company workers represented by Teamsters Local 346 went on strike on July 15 after rejecting a pathetic contract offer that would retain an unfair two-tier benefits system alongside paltry wage increases. "After years of service that saw their wages slip further and further behind rising inflation, our members are done with concessionary contracts and want what's theirs," said Zak Radzak, Secretary-Treasurer of Local 346. "Blandin's laughable off

Egyptian linerboard manufacturer ETAP started up PM2 at its Borg Elarab mill, following a press section rebuild successfully carried out by Toscotec. PM2 produces testliner, kraftliner, top kraftliner and white top in the range from 125 to 240 gsm. In 2018, the machine had already been modified by Toscotec who entirely rebuilt its Fourdrinier wire section in stainless steel. Toscotec successfully replaced an existing plain press in the first part of PM2’s press section with a

Amcor a global leader in developing and producing responsible packaging solutions, announced its AmFiber™ Performance Paper packaging is now available to customers in Latin America seeking a high barrier, recyclable paper-based packaging solution. Launched first for the confectionery market with cold seal, it has been recently expanded to include heat seal sachets for dry culinary and beverage applications, such as instant coffee, drink powders, spices, seasonings, and dried s

OCB, a vertically-integrated, leading international rolling paper brand imported and distributed in the U.S. by Republic Brands, a global leader in rolling papers and premium smoking accessories, today announced the launch of OCB Brown Rice Cones - America's only cones made using real rice fibers. The addition of Brown Rice Cones expands the OCB Nature Collection of papers and cones to include Bamboo, Organic Hemp, Unbleached, and Brown Rice. The product will be introduced to retailers an

Norske Skog’s EBITDA in the second quarter of 2023 was NOK 380 million, a decrease from NOK 675 million in the first quarter of 2023. The main driver for the lower second quarter EBITDA was lower publication paper sales prices. The cash flow from operations in the quarter was NOK 353 million. During the second quarter Norske Skog entered the packaging paper market with a successful production start-up of Bruck PM3, and the first rolls of packaging paper delivered to customers. The rocks

Leading provider of sustainable packaging solutions DS Smith has raised the ambitions of its Now & Next Sustainability Strategy to accelerate the transition to a low-carbon, Circular Economy. Partnering with its customers, DS Smith has already replaced 762m problem plastics with fibre-based alternatives since 2020, and created more than 30,000 circular-ready projects through its industry-leading Circular Design Metrics. In tandem, and in line with its goals to decarbon

The history of Lucart, the multinational paper manufacturing group known for the Tenderly, Tutto Pannocarta and Lucart Professional brands, is one of tradition, passion, family and care for the environment that has been going on for seventy years. It was 1953 when the Pasquini brothers founded the Cartiera Lucchese paper mill in Villa Basilica, near Lucca, kicking off a business success story based on sustainability and innovation. It has been a long journey from when Alessandro, Eliseo, Fern