The District Court of Noord-Holland declared Crown Van Gelder B.V. Bankrupt. Crown Van Gelder is a producer of varios types of paper for specific applications, such as ice cream packaging, luxury shoppers and High Speed Inkjet printers. The company was forced to file for bankruptcy since she anticipated payment obligation could no longer be met.
details at: https://cvg.nl/en/news/press-release-dutch-district-court-declares-crown-van-gelder-bankrupt/
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Effective with orders shipping on or after November 1, 2017, Evergreen Packaging is increasing the transaction prices for all grades by $2.00 cwt. This increase applies to all products including, but not limited to the following brands: Rapier; RapierW; Seasons Colors; SunKraft Brown; Natural Kraft; White Foldur Kraft; Gray Kraft; Buff Kraft; Skyland Offset; Skyland Reply Card; Drawing Paper; Multipupose; Conical Cup; Stick Paper; Office Stock / File Folder.
All standard upcharges will continue to apply.
UPM Raflatac, a global supplier of sustainable self-adhesive paper and film products, and Mark Andy, a leading manufacturer of narrow- and mid-web printing and finishing equipment, announce the renewal of their strategic partnership in the Americas for the sixth consecutive year. This global collaboration leverages UPM Raflatac's extensive portfolio of sustainable labeling materials and Mark Andy's cutting-edge printing technologies to deliver high-quality, innovative label printing solutions to the Americas and European markets.
The two companies work closely on a wide range of label materials compatible with Mark Andy’s conventional, hybrid and digital printing presses, providing labeling solutions optimized for performance, sustainability and cost-efficiency. Both organizations remain committed to their ongoing partnership and recognize the value it brings to label and packaging converters. “We’re pleased to continue our partnership with Mark Andy, a market leader in conventional printing with a strong presence in the digital printing segment. By combining our expertise, we provide label printing solutions that help our customers stay ahead in a competitive market. We look forward to strengthening this collaboration and creating even more value for the industry,” said Kirit Naik, Senior Manager, New Materials & Technologies, Graphics, UPM Raflatac.
Smurfit Westrock was dismissed Monday from a price-fixing lawsuit against numerous major paper and packaging companies. The antitrust case continues against other defendants, a list that includes Smurfit Kappa and WestRock, the companies that combined last year to create Smurfit Westrock
The defendants — which include Cascades, Georgia-Pacific, Graphic Packaging International, Greif, International Paper, Packaging Corporation of America and Pratt Industries — collectively filed a motion on Monday to dismiss the case on the grounds of plaintiff Artuso Pastry’s “failure to state a claim.” Separately, Packaging Corporation of America and Pratt Industries each filed their own motions to dismiss.
Artuso’s responses to the motions to dismiss are due in December, and the defendants will have until January to submit reply briefs.