Mondi has approved a €125 million capital investment at its Kuopio semi-chemical fluting mill in Finland, adding about 55 thousand tonnes per year of capacity. Start-up is planned for Q4 2023.
Koehler Paper signed an exclusive agency agreement with IPP Packaging Materials for its flexible packaging paper in the Benelux region, effective immediately.
Berlin Packaging announced the acquisition of Elias Valavanis S.A., a glass packaging supplier based in Larissa, Greece with operations in Bulgaria and Romania. Terms were not disclosed and all employees and locations will be retained.
Pakistan Aluminium Beverage Cans Limited plans an IPO offering 26 percent of its shares to raise at least Rs3.3 billion, with book building on June 22-23 and public subscription on June 29-30, 2021. The company is also raising capacity to 950 million cans per year by July 2022.
Wildpack Beverage signed a binding agreement to acquire CraftPac LLC, an aluminum can decorator in Georgia, for US$2.15 million cash, with closing expected around June 30, 2021. Announced June 18, 2021.
Belgian VPK Group's Polish subsidiary Aquila Brzeg opened a new corrugated packaging plant in Skarbimierz near Wroclaw, after about one year of construction. The plant was officially inaugurated on 17 June 2021.
VPK Packaging Polska, part of the VPK Group, officially opened a new packaging factory in Brzeg, Poland, on 17 June 2021 with 22,000 m2 of production and warehouse space. The plant adds 60 million m2 of production capacity and is planned to employ 60 more people.
Shengxing Holdings (002752.SZ) plans to acquire all equity of Pacific Can (Qingdao) from Fuzhou Pacific Can Group for RMB 262 million, funded from its own resources, to expand its two-piece can business in Qingdao.
Construction started on a new corrugated board factory of about 85,000 m2 over two floors next to the existing De Jong Verpakking plant in De Lier, Netherlands, with WDP project managing and completion scheduled for end-2022. The first pile was driven on June 16, 2021.
Plastipak has teamed up with anaerobic digestion operator BioteCH4 in Hemswell, Lincolnshire, so that electricity generated by BioteCH4 is connected directly to Plastipak's Clean Tech PET recycling plant next door.
Caddick Construction is delivering a multimillion-pound design and build contract for Alpla's Warrington UK plant in Golbourne, including a logistics hub expansion and bridge link. Work is due to complete in autumn 2021.
Ardagh Group told investors it plans a new factory with two lines in Minas Gerais, Brazil, as part of a US$1.8 billion expansion programme to be completed in the second half of 2022. The programme also includes expansions of existing units in the Northeast region and in Jacarei, Sao Paulo.
Crown Embalagens is building a can factory in Uberaba, Minas Gerais, with a planned investment of R$650 million and 140 direct jobs. The plant is scheduled to open in April 2022 with capacity of 2.4 billion cans per year.
Smurfit Kappa completed a 12 million euro investment in a new flexible material production facility at its IBI plant in Spain, announced on 11 June 2021.
Valmet will supply Klabin in Brazil a paperboard machine (PM 28), a new fiberline with Continuous Cooking G3 and a BCTMP line as part of Klabin's PUMA II investment, with start-ups scheduled for 2Q 2023. Values were not disclosed.
Eckes-Granini began producing its one-liter hohes C juice bottle entirely from recycled PET since mid-May 2021, with KHS providing bottle and shape design on its InnoPET FreshSafe block at Bad Fallingbostel.
Smurfit Kappa completed a €12 million investment adding a 4,300 m2 flexible material production area at its Bag-in-Box plant in Ibi, Spain, which began phased operations earlier in 2021.
Zume and India-based Parason announced a manufacturing and professional services partnership to produce molded-fiber goods at a greenfield Parason factory using Zume's technology.
Reno De Medici signed an irrevocable commitment to acquire 100% of Fineska B.V., the holding company of the Eska Group, a solid board maker with two Dutch mills and 290,000 tons of yearly capacity. Closing is expected by July 31, 2021.
Emusa Group acquired Smurfit Kappa's flexible packaging business in El Salvador as part of the Cartones del Pacifico transaction.
Smurfit Kappa completed its acquisition of Cartones del Pacifico, a paper-based packaging company located in Paramonga near Lima, Peru. The deal expands its Americas footprint to 13 countries.
Special Packaging Solutions Investments completed the acquisition of the remaining stake in Italian closures maker Guala Closures on June 7, 2021, after a mandatory takeover bid. The original offer was valued at about EUR 300 million.
Segezha Group signed a letter of intent with the Tver regional government at SPIEF to build an eco-friendly paper packaging plant in the Borovlevo-3 industrial park. Investment is about 3 billion rubles, with over 100 jobs and commissioning planned for mid-2023.
Italian packaging maker Gualapack became majority shareholder of Easysnap Technology, a Modena-based maker of single-dose easy-open packaging systems. Easysnap's CEO Andrea Taglini will remain in his role.
Munich-based Accursia Capital acquired 100% of Müller & Bauer GmbH & Co. KG, a metal packaging producer in Metzingen, Germany, from G. Staehle GmbH & Co. KG. The company employs 100 people.
BoxWay Packaging Group Limited, a newly incorporated independent company led by CEO Andrew Woollard, acquired Saica's corrugated sheet plants in Exeter, Peterlee and Telford in England and announced a multi-year investment plan.
In June 2021 Ardagh partnered with France-based beverage group Ogeu to invest in a beverage can filling line, which Ogeu will use to add new can formats to its drinks range.
Pregis plans to invest more than $14 million to open an advanced manufacturing facility in an existing 298,000-square-foot building in McDonough, Henry County, Georgia, by August 2021. The plant is expected to create 80 jobs immediately and up to 150 as it scales.
PACCOR closed its previously announced acquisition of Miko Pac N.V., a plastics packaging processor with about 500 employees and turnover above 100 million euros in 2020. The closing took place on June 1, 2021.
Pitreavie Group announced a further £1 million investment in new plant and machinery at its Cumbernauld corrugated box facility, including a Bobst folder gluer and a flat bed die cutter, adding seven jobs once the equipment arrives.
PACCOR Packaging GmbH completed its acquisition of Belgian packaging company Miko Pac NV from Miko NV on June 1, 2021. The deal was signed on March 30, 2021 for approximately 110 million euros.
Mondi completed the acquisition of a 90.38% stake in Olmuksan International Paper Ambalaj from International Paper for 66 million euros on June 1, 2021. The implied enterprise value on a 100% basis is about 88 million euros.
The Santa Catarina state government delivered the environmental operating license for WestRock's expansion of its Três Barras paper mill. The project, begun in February 2019, cost about US$345 million and raises paper capacity to about 685,000 tonnes a year.
Ardagh Group plans to expand its Winston-Salem, North Carolina aluminum can plant with two new high-speed can lines, investing US$195 million and creating about 94 jobs by 2022.
Smurfit Kappa is investing EUR 35 million to refurbish the PM2 paper machine at its Hoya mill in northwest Germany, raising output by 70 kt to 450 kt per year. The project is expected to be operational in Q1 2023.
Robertson has been awarded an £18 million construction contract by SAICA Group to convert a former distribution centre in Livingston, West Lothian, into a cardboard manufacturing facility for SAICA Pack. The £50 million plant is due for completion in December 2021.
Polish packaging maker Janmarcentrum is building a second corrugated packaging plant in the Strikov Special Economic Zone in central Poland, with about EUR 30 million planned investment, more than 50 jobs and planned capacity of 150 million square metres a year. Start-up is scheduled for Q3 2022.
Ardagh Group plans to invest US$195 million to convert warehouse space and add two high-speed can lines at its Winston-Salem plant in North Carolina. About 94 jobs will be created when the expansion completes in 2022.
Canada-based Kruger Packaging plans a $114.2 million, 400,000-square-foot corrugated box plant at T.J. Patterson Industrial Park in Elizabethtown, Kentucky, creating at least 150 jobs. The announcement was made on May 27, 2021.
Smurfit Kappa plans to invest €20m to expand converting capacity at four corrugated plants in the Czech Republic and Slovakia. The projects add more than 100 million boxes per year and are slated for completion by end of 2021.
Poland-based can maker CANPACK plans a beverage can plant in Muncie, Indiana, expected to create 345 jobs by the end of 2023.
Smurfit Kappa is investing €20 million in new converting equipment at four plants: Žebrák, Žimrovice and Olomouc in the Czech Republic, and Štúrovo in Slovakia. The investment adds over 100 million regular and offset printed boxes per year and is expected to be completed by the end of 2021.
C-P Flexible Packaging, based in York, Pennsylvania, acquired Genpak Flexible from the Jim Pattison Group. Genpak has facilities in Aurora, Ontario, and Lakeville, Minnesota, and makes compostable flexible packaging.
CorrBoard UK will shortly install a new £1.5m automated palletisation system and significant IT control system upgrades at its 320,000 sq ft facility in North Lincolnshire.
VPK Group increased its shareholding in CorrBoard UK to 50% through new shares and by acquiring the stake of former shareholder Garthwest. McLaren Packaging also subscribed for new shares in the corrugated sheet board producer.
Ball is set to open its 11th can plant in Frutal, Minas Gerais, Brazil, with a R$500 million investment and 1.5 billion cans per year capacity, entering production in Q3 2021.
The European Commission approved under the EU Merger Regulation the acquisition of joint control over Luxembourg-based rigid packaging maker Logoplaste by Ontario Teachers Pension Plan (OTPP) and Nikky Investments. The Commission found no competition concerns.
China's Dansun Packaging in Hefei has invested in a BOBST FFG 8.20 Discovery flexo folder-gluer, following an earlier 2017 purchase and a 2019 palletizer.
Progroup is constructing its PW14 corrugated sheet feeder plant in Stryków, Poland, with a EUR 72 million investment, creating more than 50 jobs, due for commissioning in Q4 2022.
C&D Foods agreed a €40 million contract with ProAmpac's Donegal facility in Gaoth Dobhair, Ireland, for flexible packaging supply across its European operations. The deal is expected to support site expansion and job creation.