The PM6 machine, which has a production capacity of 100,000 tons of recycled containerboard per year, will facilitate greater integration within the Group’s converting plants and significantly increase the energy efficiency of the Los Reyes plant. The investment will enable Smurfit Kappa Mexico to produce high performance containerboard, contributing to the company's competitiveness in an ever-growing packaging market. The type of material produced by PM6 further strengthens Smurfit Kappa’s offering for the agricultural and electrical appliance sectors, where protecting products in the supply chain is key. Click Read More below for additional information.

Aptar has again achieved the Platinum level rating in recognition of its sustainability efforts from EcoVadis. The Platinum rating places Aptar among the top 1% of the more than 90,000 companies rated by EcoVadis across all industries. “We are extremely proud to once again achieve Platinum status from EcoVadis due to our continued progress in key sustainability areas of environmental stewardship, labor and human rights, ethics and sustainable procurement,” said Stephan B. Tanda, Aptar President and CEO. “This recognition reflects our shared values: to act ethically and responsibly, to foster a diverse team and capitalize on this strength, to care for each other and our planet, to source renewable energy, and to further a circular economy where packaging is reused and recycled.”

Stora Enso has decided to discontinue the divestment process for its Beihai packaging board production site and forestry business, announced in December 2022. Stora Enso is of the view that the value in own use of the assets exceeds the achievable transaction value, and has therefore chosen to retain these operations within the Group. Stora Enso’s strategic ambition is to build on its global leading position in the fiber-based packaging market. The business of the Beihai site will be developed through a continued focus on operational excellence, cost optimisation, and product development. By adjusting the product mix to increase the share of liquid packaging board and other premium grades, the Beihai site will strengthen Stora Enso’s leading position as a global supplier. No significant capital expenditure is expected in the mid-term.