International Paper (NYSE: IP) today announced that it completed the previously disclosed sale of its Brazilian corrugated packaging business to Klabin S.A. The business has three containerboard mills and four box plants. The company will continue to run its papers business and forestry operations in Brazil.
https://internationalpaper2015.q4web.com/news-releases/press-r/2020/International-Paper-Completes-the-Sale-of-Its-Brazilian-Corrugated-Packaging-Business/default.aspx
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Mondi and Taurus Packaging have developed a fit-for-purpose reusable shopping bag that can carry groceries and meet the needs of the demanding Southern African retail marketplace. Mondi’s Advantage Kraft Plus with wet strength makes this paper bag a great alternative in a market where plastic bags have traditionally been used. Mondi's kraft paper for shopping bags is strong enough for South Africa's demanding weather conditions, including humidity. Its wet strength meets the 16kg standard requirement of the South African market and resists tearing even when cold products and liquids condense quickly. It also withstands longer customer journeys on public transport. Collaborating with Taurus Packaging, two million paper shopping bags will be produced per month using Mondi’s paper, providing a recyclable, renewable, and PEFC certified, sustainably sourced alternative to plastic.
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