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Berry Global Group, Inc. (NYSE:BERY) announced that it has entered into a definitive agreement to sell its Specialty Tapes business to the private equity firm Nautic Partners, LLC for a headline purchase price of approximately $540 million, which is subject to a number of closing adjustments.

Based on the newly published report by Fact.MR, a market research and competitive intelligence provider, the global cardboard box & container manufacturing market is valued at around US$ 479.25 billion in 2024 and is forecasted to expand at a CAGR of 5.3% to reach US$ 807.07 billion by 2034.

Billerud hosted a Capital Markets Day in Stockholm, where the updated strategy were presented. Ahead of this event, the Board of Directors decided on new long-term financial targets and on strategic investments in North America.

VPK Group, a leading global supplier of sustainable packaging solutions, has tasked FMW Industries with this project. This significant collaboration, which also involved our Benelux sales representative XTECX, builds on FMW's successful track record of supplying various systems to VPK Group plants in France.

Indian paper manufacturer Chandpur Enterprises started up two highly technological TT SYD MG Steel Yankee Dryers for Machine Glazed paper supplied by Toscotec as a replacement of two local steel Yankee cylinders at their facility in Chandpur, Uttar Pradesh. After the rebuild, PM1 and PM2 resumed production of MG paper in the basis weight range from 35 to 70 gsm. 

4evergreen is proud to announce the publication of Version 3 of the Guidance on the Improved Collection and Sorting of Fibre-Based Packaging for Recycling. This significant update is the result of great work by our Workstream 3, that involved over 40 industry experts from across the entire fibre-based packaging value chain.

As one of Sweden’s largest electricity consumers, Billerud has joined Industrikraft to help strengthen Sweden’s ability to expand competitive fossil-free electricity.

The investment enhances the factory's capacity to produce its own fossil-free electricity, aligning with Metsä Board’s target to eliminate fossil energy from production by 2030.

As part of its efforts to achieve its climate goal of net zero emissions of fossil greenhouse gases by 2040, Södra’s first electric truck is on the road. Part of a pilot project, the truck will be entirely dedicated to transporting fossil-free deliveries of pulp from Värö to port terminals in Gothenburg and Varberg.

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