BRUSSELS, March 27, 2015 (RISI) - Italian corrugated paper and packaging giant Pro-Gest has signed a binding offer to acquire Burgo's Mantova newsprint mill.
The 160,000 tonne/yr mill houses a 7.10 m wide paper machine PM 1, which has been inactive since February 2013.
Pro-Gest said that the goal of the two parties involved in the deal is to restart industrial activity at the site.
The deal, the cost of which was not revealed, is subject to regulatory approvals.Read more
KUOPIO, Finland, March 25, 2015 (Press Release) - Powerflute Oyj ("Powerflute" or the "Group") today announces its preliminary results for the year ended 31 December 2014. Powerflute is quoted on the AIM market of the London Stock Exchange (POWR).
Results excluding non-recurring items (1)
Paper based containers are the preferred choice of packaging for consumers shopping for groceries and fresh produce, according to an international survey involving people from seven European countries.Read more
MPS Systems North America Inc. and EMT International in Green Bay, Wis., have partnered for assembling MPS printing presses in the United States and for developing new customized press solutions for the North American market.Read more
Beginning of 2015 GAW technologies GmbH undertook the rebuild and extension project of the cardboard machine KM3 of Mayr-Melnhof Karton AG at their main production facility in Frohnleiten/Austria.Read more
A new market research study by Innventia AB, a Swedish research and technology institute, has revealed that paper cement sacks offer considerable cost and efficiency benefits for fillers and are also seen as a more environmentally sound product, when compared with plastic sacks.Read more