The value of the deal was not disclosed. The new firm plans to focus on its core strengths, which is producing specialist cartons, leaflets and labels for the healthcare and pharmaceutical sectors, Medica packaging said in a statement.
John Bath has been appointed as the company's new CEO.Read more
Group performance remains in line with our expectations, with continued good growth across all regions. The market and business trends discussed in our Interim Management Statement of 17 September 2014 have continued.Read more
HEIDENHEIM, Germany, Nov. 5, 2014 (Press Release) -
DuoDry CC, the innovative drying concept from Voith, is for the first time successfully in operation. The DuoDry CC is delivered and installed in the Narew PM 5 at Stora Enso in Ostroleka, Poland. The concept impresses with its reduced curl formation caused by the drying process and lowers energy demand by increased runability of the paper machine.Read more
WASHINGTON, DC, Nov. 4, 2014 (Press Release) -The Paperboard Packaging Alliance (PPA) announced the winners of its Student Design Challenge at a luncheon on Nov. 3 at PACKEXPO in Chicago.
Teams of student designers from Pratt Institute were awarded first and second place; the Fashion Institute of Technology took home third place. Participating teams were tasked with designing an innovative men's cosmetic gift set package that can also be used as a merchandiser display. All designs can be viewed at http://bit.ly/1uqW9tN.Read more
MEMPHIS, TN, Nov. 4, 2014 (PRNewswire) -International Paper today reported third quarter 2014 net earnings attributable to common shareholders totaling $355 million ($0.83 per share) compared with net earnings of $161 million ($0.37 per share) in the second quarter of 2014 and net earnings of $382 million ($0.85 per share) in the third quarter of 2013. Amounts in all periods include the impact of special items, non-operating pension expense and discontinued operations.Read more
KUOPIO, Finland, Nov. 4, 2014 (Press Release) -On 30 September 2014, Powerflute Oyj ("Powerflute" or the "Company") announced that it had entered into a conditional agreement with Stora Enso Oyj ("Stora Enso") for the acquisition of Corenso, an international producer of cores and coreboard (the "Acquisition").Read more