Green Bay Packaging (GBP) has announced that it is in the first phase of evaluating construction of a new, state of the art recycled containerboard machine at its location in Green Bay Wisconsin. The 220” machine would be operational in 2020 and would replace the Company’s existing 164” trim machine, originally constructed in 1950. The investment would increase GBP’s recycled containerboard capacity by over 70%.
http://gbp.com/wp-content/uploads/2017/11/GBP-Announces-NEW-Container-Board-Machine.pdf
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Viipurilainen Kotileipomo is a nearly 100-year-old company that produces pastries and artisan breads from local ingredients using traditional methods. When the bakery was looking for a new solution for its cake packaging, its key criteria were to reduce the environmental footprint of the packaging, and to make assembly quick and easy. Viipurilainen Kotileipomo and Metsä Board's packaging design team based at Metsä Board's Excellence Centre jointly developed a resource-efficient and 100% recyclable bakery packaging. The new eye-catching packaging reduces material requirements by 25%, and carbon dioxide emissions by 34% compared to the previous packaging. At the same time, the bakery was able to reduce its use of plastic by moving away from a PE-coated board. In addition to the environmental benefits, the design of the new bakery box makes it quicker and easier to assemble. "Packaging sustainability is important to us and our customers, and it's great to be able to spread the word about reducing plastic and promoting recycling. The whole product development process was carried out in a structured way at the Excellence Centre and the new stylish packaging was quickly brought to market," says Teppo Ylä-Hemmilä, Bread Artist and Innovation Director, Viipurilainen Kotileipomo.
WestRock Company announced that its wholly-owned subsidiary WRKCo Inc. commenced a consent solicitation through which it is soliciting consents from registered holders of the Notes to amend certain terms of the indentures governing the respective Notes. The terms and conditions of the Consent Solicitation are set forth in a consent solicitation statement dated as of September 20, 2023. Adoption of the proposed amendments with respect to the applicable Indenture for each series of Notes requires the Consent of the Holders of at least a majority in aggregate principal amount of the then outstanding Notes of such series. The purpose of the Consent Solicitation is to obtain Consents from the Holders to (i) amend the definition of “Change of Control” applicable for the relevant series of the Notes under the Indentures to add an exception for the previously disclosed proposed business combination of WestRock and the Smurfit Kappa group announced by WestRock on September 12, 2023, pursuant to the transaction agreement entered into on September 12, 2023, by and among, inter alios, Smurfit Kappa Group plc, a public limited company incorporated in Ireland, and WestRock; and (ii) make any other changes of a technical or conforming nature to the Indentures necessary or desirable for the implementation of the proposed amendment above.
Mondi has partnered with Robopac, a world-leading manufacturer of pallet-wrapping machinery, to offer a seamless and more sustainable paper wrapping solution for pallet storage and transportation. The two organisations collaborated closely to develop the solution, combining Mondi’s expertise in packaging and paper with Robopac’s know-how about wrapping machines. Robopac’s new paper wrapping machine uses Mondi’s Advantage StretchWrap which is 100% kraft paper, delivering excellent protection for palletised goods due to high strength, puncture resistance and tension absorption. The paper is created with responsibly sourced, renewable materials, containing no plastic or coating making it fully recyclable in existing waste streams across Europe. Robopac’s semi-automated and fully automated machines can both take Mondi’s Advantage StretchWrap, allowing customers to replace unnecessary plastic which is currently the industry standard for pallet wrapping.