Article2 min read Jan 16, 2025Seaman Paper Acquires Paper Manufacturer Julius Glatz GmbHSeaman Paper Company, a fourth-generation, family-owned global leader in sustainable paper and packaging solutions with operations in the U.S., Asia, and Europe, has acquired Julius Glatz GmbH, a pioneer in specialty papers based in Neidenfels, Rhineland-Palatinate, Germany.
Article1 min read Jan 16, 2025November Manufacturing Technology Orders Climb, Setting Up Strong End to 2024Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders (USMTO) report published by AMT The Association For Manufacturing Technology, totaled $448.8 million in November 2024. These orders for metalworking machinery increased 16.8% from October 2024 and 12.4% from November 2023. Year-to-date orders reached $4.18 billion, a decline of 5.7% compared to the first 11 months of 2023.
Article2 min read Jan 16, 2025Packaging Market Size to Increase by USD 297.6 Billion Between 2024 to 2029The global packaging market size is estimated to grow by USD 297.6 billion from 2025 to 2029, according to Technavio. The market is estimated to grow at a CAGR of 4.6% during the forecast period.
Article2 min read Jan 16, 2025Introducing Maintenance-Free Magnashear® Electric Coupler BrakesForce Control introduces the Magnashear® electric coupler brake which feature oil shear technology to provide precise stopping and repeatable positioning, in a compact footprint. They are ideal for demanding applications where the motor is reversed each cycle or there are frequent start/stop cycles.
Article1 min read Jan 16, 2025Arctic Paper Kostrzyn Receives EU Ecolabel CertificationArctic Paper Kostrzyn, known for producing high-quality uncoated, wood-free offset paper and graphic paper, has received the prestigious EU Ecolabel certification for its entire product range. This recognition confirms the company’s commitment to environmental responsibility and sustainable production practices, as the EU Ecolabel is awarded to products that demonstrate a reduced environmental impact throughout their lifecycle, from raw material sourcing to manufacturing.
Article1 min read Jan 16, 2025CIB Invests $224M in Nova Scotia Wind Farm to Power Paper MillThe Canada Infrastructure Bank (CIB) is investing $224.2 million in Port Hawkesbury Paper Wind Ltd.’s large-scale wind energy project, the Goose Harbour Lake Wind Farm.
Article1 min read Jun 20, 2024WestRock Stockholders Approve Combination with Smurfit KappaWestRock Company announced that, based on the preliminary vote count, WestRock stockholders voted to approve the Transaction Agreement and other proposals related to the combination of Smurfit Kappa Group plc (“Smurfit Kappa”) and WestRock (the “Combination”) at WestRock’s Special Meeting of Stockholders.
Article1 min read Jun 20, 2024Pixelle Specialty Solutions Announces Significant New FundingPennsylvania-based Pixelle Specialty Solutions announced on June 11 that it has secured significant new financing, positioning the company with ample liquidity for continued future growth.
Article3 min read Jun 20, 2024April 2024 Manufacturing Technology Orders Slow Decline, Remain Above Historical AverageOrders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, reached $317.9 million in April 2024. This is a 25.6% decrease from March 2024 but only 5.4% behind orders in April 2023. Orders in 2024 totaled $1.43 billion through April, 16.2% behind orders placed in the first four months of 2023.
Article1 min read Jun 20, 2024AF&PA Releases May 2024 Printing-Writing Monthly ReportThe American Forest & Paper Association (AF&PA) released the May 2024 Printing-Writing Monthly report.
Article4 min read Jun 20, 2024Voith Group Gets Off to a Good Start in Fiscal Year 2023/24The Voith Group performed well in the first six months of the current fiscal year 2023/24 (October 1, 2023 to March 31, 2024) despite major uncertainties in the markets. The company's focus was on further improving profitability: Voith was able to increase both the operating result and the net income in the reporting period. Net liquidity and orders received also improved.
Article2 min read Jun 20, 2024Suzano Acquires EUR 230 Million Stake in Specialty Fibre Producer LenzingB&C Group and Suzano S.A. announced that Suzano has entered into a long-term partnership with B&C with respect to its majority stake in Lenzing AG ("Lenzing" or "the company"), the Vienna-listed leading global supplier of cellulosic fibres for the textile and non-wovens industry.
Article2 min read Jun 20, 2024DS Smith Iberia Installs a New Single-Pass Digital Printer with Water-based InksDS Smith, a global provider of sustainable fiber-based packaging solutions, has expanded its high-end digital printing offering and leads the industry with the installation of a Nozomi 14000 AQ single-pass water-based digital inkjet printer. It is a pioneering printer from technology manufacturer Electronics For Imaging (EFI) that is designed for high-resolution printing with water-based ink.
Article1 min read Jun 20, 2024Cyklop International Acquires Canada-Based Polaris Systems Inc.Cyklop International is excited to announce the acquisition of Polaris Systems Inc. in Ontario, Canada. Polaris Systems has been providing a wide range of packaging solutions for over 35 years, making them one of the top Canadian packaging companies.
Article2 min read Jun 20, 2024New Wood Packaging Made with 70 Percent Recycled PlasticTimber is exposed to demanding circumstances during storage, loading and transportation. "We have developed a new packaging that consists of 70 percent recycled material, without compromising on quality. SCA Wood will be the first on the market with packaging that has such a high proportion of recycled plastic," says Tom Rautakorpi, product specialist at Trioworld.
Article1 min read Jun 20, 2024Smurfit Kappa Invests Over EUR 30 Million in Clean Energy Projects at Two Paper Mills in SpainSmurfit Kappa recently held inauguration events at its Sangüesa paper mill and Nervión paper mill to celebrate clean energy projects. Both mills are located in Spain.
