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Eren Holding opened its Modern Karton new production plant in Muslu, Kilimli district, Zonguldak, Turkey, in a ceremony attended by the Industry and Technology Minister. The investment is reported at $850 million.
Nova Paper & Packaging B.V., part of Eren Holding, has acquired BM Packaging Ltd, a corrugated packaging manufacturer with two sites in Huddersfield. Managing Director Chris Latham remains in position.
Diamond Box, a UK sheet plant business with annual revenues near £50m, has been acquired by Nova Paper, a Dutch entity owned by Eren Group.
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.
Modern Ambalaj is investing $100 million in a new corrugated cardboard factory in Sakarya, Turkey, with annual capacity of 200,000 tonnes. It will be the group's eighth plant and bring its total capacity to 1 million tonnes per year.
Eren Paper, a subsidiary of Turkey's Modern Karton and Eren Holding, completed its acquisition of the Shotton Paper Mill in North Wales on 30 September 2021. Planned containerboard production is expected to make the UK a net exporter and create over 600 new jobs.
