CLEVELAND, March 13, 2013 (PRNewswire) -PolyOne Corporation, a premier provider of specialized polymer materials, services, and solutions, today announced that Spartech shareholders have approved the merger agreement pursuant to which PolyOne will acquire Spartech Corporation (SEH), a leading producer of custom plastic sheet and rollstock and packaging solutions. PolyOne announced the agreement to acquire Spartech Corporation on October 24, 2012. The transaction will be officially completed on March 13, 2013.Read more
WESTMONT, IL, March 12, 2013 (Press Release) -manroland sheetfed completed the installation of the second Accord Carton R900 press in six years. The new manroland sheetfed 56" seven color with InLine Coater was placed in a new building addition that Accord Carton added for the press.Read more
HEIDENHEIM, Germany, March 11, 2013 (Press Release) -After about two years of operation, Hamburger Hungaria in Dunaujvaros, Hungary, has achieved a very positive balance: so far, the CeraGuide B coatings on the PM 3 show no abrasion at all and are running in a very clean fashion without deposits. In addition, the wire service life was ex-tended from 20-28 days to 42-45 days.Read more
VANCOUVER, March 11, 2013 (CNW) -
Forest, paper & packaging (FPP) CEOs are less confident about revenue growth over the next 12 months than their peers in other sectors, but are more optimistic about their company's revenue prospects in the next three years, according to PwC's 16th Annual Global CEO Survey released recently in Davos, Switzerland.Read more
SAN FRANCISCO, March 8, 2013 (PPI Pulp & Paper Week) -Cenveo, which generated three-fourths of its revenue last year from envelopes, direct mail, and print marketing products, is looking this year to grow in label and packaging businesses -- from acquiring smaller label and packaging firms, company chmn and pres/CEO Robert Burton told analysts on Feb. 27.
"I've done personally about 70 of these (M&A) deals and we've been looking for several other Label and Packaging opportunities, and we think they are there," Burton said.Read more
Box buyers still have plenty of options even as the number of suppliers shrinks. Why?
Remember when box prices rose in tandem with containerboard prices? Sure, a 30 or 60 day lag existed and the box price increase didn’t always go up as much as the board price increase. But the trend was pretty consistent.Read more
The 2012 Exclusive Paperboard Packaging Census Report reveals that box makers are purchasing more equipment this year but making fewer capital investments.
Although box makers are purchasing more pieces of equipment this year, the data from the 2012 Exclusive Paperboard Packaging Census Report suggests that the amount of capital investment might be 20 percent less in 2012 than in 2011. Plants with a larger equipment-buying budget this year will upgrade and modernize.Read more