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Dutch company Nova Paper, affiliated with Turkey's Eren Holdings, acquired 100% of Wolverhampton-based Onboard Corrugated from Klingele Paper and Packaging Group and Paul Jundu. Onboard is completing a second BHS corrugator that will raise capacity to 250 million square metres a year.
Mitsubishi agreed a sales contract with Klingele Paper & Packaging Group for a four colour EVOL 100 flexo folder gluer with an MPF-M pre-feeder. The machine will be commissioned at Klingele's corrugated box plant in Werne, Germany, with delivery scheduled for summer 2025.
Kyoto Group signed a term sheet with Klingele Paper and Packaging Group to deliver a Heatcube molten salt thermal energy storage system to its corrugated board plant in Werne, Germany. The purchase agreement is targeted for April 2024 and depends on public grants.
Klingele Paper & Packaging Group is building a corrugated sheet plant in the Diamniadio industrial estate near Dakar, Senegal, with production expected in summer 2022 and about 45 jobs. The EUR 7.5 million investment is partly financed by DEG.
Klingele Paper & Packaging Group has acquired the Société Guadeloupéenne de Carton Ondulé corrugated board plant in Baillif, Guadeloupe, from International Paper, to operate as Klingele Cartonnerie de Guadeloupe.
Brazil's Klabin agreed to sell its packaging paper unit in Nova Campina, São Paulo, to Klingele Paper & Packaging for R$196 million, with R$132 million paid at closing. The unit has nominal capacity of 162,000 tonnes per year of kraftliner and is subject to CADE approval.
