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International Paper Clinches Deal To Buy DS Smith

International Paper said that it has agreed to an all-share deal to buy DS Smith, valuing the British paper and packaging firm at £5.8 billion (&euro...

Packaging Firm Mondi Implements Price Hikes Amid Improving Demand

British packaging company Mondi said it was implementing price hikes across its range of paper grades in the current fiscal year and there was an improveme...

Turning To Paper 'Not An Easy Solution' To Plastic Issue, Says Rabobank

The transition to paper and pulp-based packaging might not represent an 'easy solution' for a packaging industry seeking to replace plastic, a new report f...

Stora Enso Expects Weak Demand To Persist Into 2024

Finnish forestry firm Stora Enso said it expects weak market conditions to persist into next year, with no recovery in the final quarter of 2023, hit by lo...

Competitiveness Of European Paper Packaging Firms ‘Under Pressure’, Notes Rabobank

Higher energy costs and an increased focus on decarbonisation are affecting the competitiveness of European paper packaging producers, a new report from Ra...

Packaging Firm Smurfit Kappa In Merger Discussions With WestRock

European paper and packaging firm Smurfit Kappa has said that it is in discussions to merge with U.S. paper company Westrock.

Mondi Posts Drop In Half-Year Results As Demand Wanes

Mondi has reported a drop in half-yearly revenues and underlying core profit, as the British paper and packaging firm grapples with waning demand, customer...

Sofidel, Suzano Team Up On Initiative To Protect Amazon Biodiversity

Tissue paper producer Sofidel has teamed up with Suzano, a leading provider of hardwood pulp, on a new initiative through which it will seek to protect bio...