Orient Paper, Inc. Resumes Production

Lecta is set to reinforce its position as a comprehensive supplier of paper solutions by taking a stand for the first time at Fachpack, a leading trade fair for the packaging industry that takes place this year from September 24 to 26 in Nuremberg, Germany. The company will showcase its wide range of innovative products for different sectors like industrial and consumer packaging. Lecta offers an extensive portfolio of papers with multiple applications in the packaging market: *Diva Art: The range of coated and metallized paperboards for rigid packaging, with excellent printability and an exceptional finish, ideal for premium and luxury brands. *EraCup: A functional paperboard whose characteristics make it the ideal choice for hot beverage single-use cups and on-the-go disposable food containers. The product is recyclable in standard paper recycling circuits. *Coral (uncoated), Creaset (one-side coated) and KraFit (brown kraft paper): Three versatile ranges of papers for shopping bags, available in a wide variety of grammages and finishes, offering high resistance and durability. *Adestor: Self-adhesive papers and films to meet the labeling needs of different sectors: beverages, food, logistics and transport, retail, personal care and household.

WestRock Company announced its commitment to setting a new greenhouse gas emissions reduction target that is aligned with current climate science. WestRock has confirmed its commitment with the Science Based Targets initiative (SBTi) and will develop, validate and publish a science-based target within 24 months. “Building on a proud legacy in sustainable forestry and fiber management, we believe in the promise of a sustainable future, and we are committed to working with our customers, our supply chain and the communities where we work to get there together,” said David B. Sewell, chief executive officer of WestRock. “That’s why we have prioritized setting emissions reduction targets to help reduce this critical element impacting climate change.”

Bain Capital Private Equity, a leading global private investment firm, announced that it has signed a definitive agreement to acquire Fedrigoni, a leading global producer of specialty papers and self-adhesive labels. The Fedrigoni family will retain a minority stake in the business. Established in 1888 and headquartered in Verona, Italy, Fedrigoni is internationally recognised for its high-quality product range and customer service. In 2017, the Company is expected to generate sales of approximately €1.1bn. It has manufacturing facilities in Italy, Spain and Brazil and a global distribution network, with more than 2,700 employees. Fedrigoni sells directly to its multinational customers including fashion houses and fine wine producers, through its own distribution network. Its products include special papers for luxury packaging and labels for the food and beverage and pharma industries. Click Read More below for additional information.