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Mondi, a global leader in sustainable packaging and paper, has opened a ground-breaking hub in Germany for co-creating flexible packaging solutions that will shape the future.

Christian Dietershagen will become the new Head of Operations Paper (OPP) at Progroup on 1 January 2025. He will be responsible for the operational management and strategic development of the Paper division at the Landau-based family business.

This fiber-based solution replaces traditional metal wires, addressing longstanding safety concerns and simplifying handling processes for pulp manufacturers and users.

Mondi recently completed an EUR 90 million investment upgrade of its Mszczonów plant near Warsaw, which doubled its capacity, making it the largest corrugated solutions plant in Poland, and one of the biggest in Europe.

Rayonier Advanced Materials Inc. ("RYAM") has raised EUR 67 million in green capital. The financing includes EUR 37 million in secured term loans from French banks Crédit Lyonnais, Arkéa Banque, and BNP Paribas at an initial floating rate of approximately 5 percent, maturing in seven years.

Motion Industries, Inc. has promoted Eric Gonzalez to senior vice president of Mexico, Canada, industry segments and business development, effective immediately.