Finland
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Appointment roundup: UPM names new President and CEO, Stora Enso names Ad Smit as EVP of Packaging Solutions division
FINLAND – UPM-Kymmene has appointed Massimo Reynaudo as its new CEO, taking over from Jussi Pesonen on January 1, 2024. Jussi Pesonen will continue as…
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UPM introduces innovative compostable labels for fresh produce
FINLAND – UPM Specialty Papers, a division of UPM has developed two certified industrially and home compostable label face papers in a bid to meet…
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Wipak boosts gravure printing capabilities with BOBST’s oneECG
FINLAND – Helsinki-based packaging company specializing in manufacturing and supplying flexible packaging solutions, Wipak has selected BOBST’s extended color gamut (ECG) technology, oneECG, to strengthen…
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Appointments: Hans Sohlström named Stora Enso’s President and CEO, PPG announces new technical directors
FINLAND – The Board of Directors of Stora Enso has appointed Hans Sohlström as the new President and CEO of Stora Enso, effective immediately. Sohlström…
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Metsä revives operations at bioproduct mill and paperboard mill in Kemi
FINLAND – Helsinki-based forest industry group, Metsä Group has announced the recommencement of operations at its bioproduct mill and paperboard mill in Kemi, Finland. The…
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Paptic raises US$25M in Series A funding round to expand its sustainable materials portfolio
FINLAND – Espoo-based sustainable innovations company Paptic has secured €23 million (US$24.76m) to drive growth and expand its materials portfolio. The round is led by…
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UPM Raflatac receives certificate of validity for LCA service from DEKRA
FINLAND – Labeling materials supplier, UPM Raflatac has received a new certificate of validity from a leading international assurance service provider, DEKRA, for its Label…
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Packaging industry faces scrutiny as plastic contamination in frozen berries raises concerns
FINLAND – The Finnish Food Authority has issued a warning about the plastic risk, prompting a product recall by the distributor responsible for the frozen…
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Financial reports: Crown Holding’s net income dips, Stora Enso reports decline in sales in Q2 FY23
USA – Global rigid packaging supplier Crown Holdings has reported a net income of US$157 million for the second quarter (Q2) of the financial year…
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Huhtamäki records drop in sales in Q2 FY23 due decline in sales volume
FINLAND – Sustainable packaging company Huhtamaki has registered net sales of €1.05 billion (US$1.17bn) in the second quarter (Q2) of the financial year 2023 (FY23),…