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Opal Group, backed by parent Nippon Paper Group, is building a highly automated 47,000m2 corrugated cardboard packaging plant at a greenfield site in Wodonga, Victoria, as part of a total $140 million investment. Sod-turning took place in July 2022.
Elopak and Nippon Paper signed a license agreement under which Nippon Paper will produce and sell Elopak's Pure-Pak liquid food packaging worldwide and introduce it to the Oceania region, particularly Australia and New Zealand.
Nippon Paper Group agreed to acquire Orora's paperboard fibre-based packaging business in Australia and New Zealand for an enterprise value of A$1.72bn (US$1.15bn), entering integrated corrugated paperboard manufacturing in Oceania.