SCA increases the prices on white and brown kraftliner in Europe by €50 per tonne. The new price is valid from April 1, 2021.
“The European kraftliner market continues to be strong and stable”, comments Mikael Frölander, VP Sales and Marketing Containerboard.
https://www.sca.com/en/about-us/Investors/press-releases/2021-02/sca-to-increase-kraftliner-prices-by-50-per-tonne/
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Colbert Packaging Corporation recently hosted a TICCIT® (“Trees Into Cartons, Cartons Into Trees”) event for elementary students in Wisconsin’s Salem School District. Jeff MacDougall, production manager at Colbert Packaging, led the educational outreach program, which drew participation from over 320 students in the third, fourth and fifth grades. Salem students learned how trees are grown and harvested for the making of paper and paperboard, and then turned into packaging materials that are recyclable and renewable.
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Berry Global Group, Inc., announced 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. The Tapes business is a franchise highly valued by its industrial customers. As a result, this separation is aligned with Berry’s broader strategy to transition the portfolio towards more consistent, higher growth consumer-oriented end markets and platforms. Berry CEO, Kevin Kwilinski, said, “Over the past year, Berry has undergone a significant transformation, completing the spin-off of our HHNF business, enhancing our product mix and optimizing our portfolio. The sale of Tapes further supports these efforts and the continued focus on our high-growth consumer portfolio.”