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The Board of Directors of Stora Enso has decided on a new plan for 2022–2024 under the Company’s share-based long-term incentive programme. The purpose of the plan is to incentivise and align management with shareholder...
For 2021, Stora Enso is publishing one combined Annual Report covering our strategy, financials, sustainability reporting, corporate governance, and remuneration. The Annual Report describes progress in our strategic initiatives in 2021 and how we create value...
Flint Group Packaging will increase the prices of all its packaging products sold by the Flexible Packaging, Paper & Board and Narrow Web businesses. Further to multiple announcements advising of the worsening market conditions throughout...
Avery Dennison has appointed Tina Hart as vice president of sales for the company’s label and packaging materials, North America division. Bill Podojil has been named vice president of sales excellence and enablement. Hart is...
Christoph Wachter took over as director of the Flexible Packaging Paper division at Koehler Paper in January 2022. He succeeds Eckhard Kallies, who has had great success in positioning, developing, and implementing a long-term strategy...
Toppan, a global leader in communication, security, packaging, décor materials, and electronics solutions, has increased its stake to acquire a majority shareholding in Max Speciality Films Limited (MSFL), a leading Indian manufacturer of biaxially-oriented polypropylene...
SEE has announced the acquisition of Foxpak Flexibles Ltd. (Foxpak) under SEE Ventures, its initiative for investing in disruptive technologies and business models to accelerate growth. Foxpak, a privately-owned Irish packaging solutions company, pioneered the...
French beauty packaging company Texen has acquired the flexible packaging business of PRP Creation. The deal will allow Oyonnax, France-based PRP Creation to concentrate on its core capabilities, including plastic packaging, bottles and caps, while...
Scholle IPN, a top global supplier of flexible packaging solutions, announced that they have agreed to be acquired by SIG, a world-leading aseptic carton packaging company. Once combined, the new company will employ nearly 8,000...
Westlake Chemical Corporation announced that it has completed the acquisition of Hexion Inc.’s global epoxy business for approximately $1.2 billion in an all-cash transaction. Based in Rotterdam, The Netherlands, the epoxy business, which will be...
DuPont Electronics & Industrial is implementing 7% price increase on Cyrel® plates, effective March 1st, 2022. Over the past year, DuPont has continued to incur significant cost increases in critical raw materials for Cyrel® Solutions;...
Polysack, a manufacturer of recyclable films for flexible packaging, has made a series of leadership appointments that support the company’s long-term growth strategy and intention to transform the flexible packaging films market. Polysack is investing...
The fourth quarter was another quarter of solid growth and strong performance, driven by strong market conditions. Higher prices, product mix improvements, continued cost program delivery and productivity increases offset cost inflation for logistics, chemicals...
Record high quarter driven by strong demand and strategic progress. Dividend proposal EUR 0.55 per share. To further expand its positioning for growth in sustainable packaging, Stora Enso invests EUR 23 million to increase capacity...
BW Integrated Systems, a Barry-Wehmiller Packaging Systems company, is pleased to announce the appointment of Karl Odegaard to the role of Vice President of Operations. As a member of BW Integrated Systems’ executive leadership team,...
BOBST has announced new leadership appointments for its flexible packaging operations to implement its industry vision and better align its global expertise with the needs of brand owners, printers, and converters. This follows the setting...
Bar Graphic Machinery (BGM) has expanded its European business development capabilities with the opening a new 3,200 square foot demonstration center in Eichen, Germany, in collaboration with its sales and support partner, PorterPac. BGM partnered...
R. Peter Toohy passed away on Friday, the 21st of January 2022 in Houston, Texas. He was 87 years of age. He was born in White Plains, New York and grew up in Rye, New...
In today’s evolving technological workforce, the digitization of service has been paramount in the success of Koenig & Bauer’s organization. Over the past several years, its tech team has built a solid foundation to easily...
ePac Flexible Packaging is pleased to announce its third European facility, ePac Poland North, located near the cities of Poznan and Bydgoszcz. This expands ePac’s network of sales and production operations across the Continent, builds...
All Printing Resources (APR) has named Mike Williams as vice president, sales. A long-time senior manager and high-performance sales leader in labels and packaging, Williams joins APR from H.S. Crocker Company. Prior to his role...
Reifenhäuser is once again one of the top 50 employers in Germany this year. This is the conclusion reached by Stern magazine in cooperation with the market research institute Statista in its latest study on...
From March 1, 2022, Mitsubishi HiTec Paper will increase the prices for all specialty papers (thermoscript, jetscript, giroform, supercote, barricote) by 10% worldwide. The reason for this is the continued increase in the cost of...
ExxonMobil and SABIC announced the successful startup of Gulf Coast Growth Ventures world-scale manufacturing facility in San Patricio County, Texas. The new facility will produce materials used in packaging, agricultural film, construction materials, clothing, and...
Kendall Packaging Corporation, a provider of high-quality flexible packaging solutions serving a variety of markets inside the food, personal care, and pet food industries, announced that Daren Roberts has been named Plant Manager at the...
ProAmpac, a leader in flexible packaging and material science, has partnered with Rutgers University Department of Food Science professor, Dr. Kit Yam. This partnership is being integrated with ProAmpac’s Material Science and Innovation teams to...
McClure brings more than 40 years of blown film operational excellence to Pregis. In 1997, he founded South Carolina-based ISO Poly Films, Inc., and served as the company’s chief executive officer until the company was...
Flexible packaging leader PAC Worldwide announced the hire of Patrick Huesing as the global company's Senior Vice President of Sales. Mr. Huesing will report to Chief Sales Officer Beth Rettig. The 23-year industry veteran assumes...