Finland
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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),…
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Orkla adopts Syntegon’s Elematic 3001 WA Compact case packer to meet export conditions
FINLAND – Finnish retailer Orkla Confectionery & Snack has invested in processing and packaging technology supplier Syntegon’s Elematic 3001 WA Compact case packer technology to…
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Walki Group, The Paper Lid Company develop recyclable and printable paper lids
FINLAND – Espoo-based company, Walki Group has invested in Finnish start-up The Paper Lid Company (TPLC) which has developed a method of manufacturing recyclable paper…
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Acquisition roundup: Valmet acquires Körber’s Business, Imperial Dade buys Atlantis Packaging, Allspring invests in Graphic Packaging
FINLAND – Valmet, a developer and supplier of technologies, automation systems and services for pulp, has agreed to acquire Körber Group’s Business Area Tissue for…
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Wastewise secures US$4.55M capital loan from Climate Fund to recycle hard plastic
FINLAND – Wastewise Group has secured a capital loan of €4.2m (US$4.55m) from the Climate Fund to support its facility investment program in Finland. The…