Paper/Forest Products/Containers
Amcor reports third quarter result and raises fiscal 2024 Adjusted EPS guidance
March 2024 quarter: GAAP diluted EPS of 12.9 cps; GAAP net income of $187 million Adjusted EBIT of $397 million up 3% on a comparable constant currency basis Adjusted EPS of 17.8 cps, up 1% on a comparable constant currency basis YTD Highlights - Nine Months Ended March 31, 2024 * Net sales of $...
Thousands of enterprises gather, energizing Shenzhen. WEPACK 2024 successfully concludes!
SHENZHEN, China, April 30, 2024 /PRNewswire/ -- Organised by RX (China), WEPACK World Expo of Packaging Industry has successfully concluded at Shenzhen World Exhibition & Convention Center onApril 12th. Thanks to the robust development of the packaging industry and concerted efforts from 1200+ ex...
Caravelle Lays the Groundwork for Innovative Business in Mixed Transportation and Drying Wood by Signing a MoU with the Government of Gabon
SINGAPORE, April 25, 2024 /PRNewswire/ -- Caravelle International Group (Nasdaq:CACO), a leading global marine technology group of companies, today announced that it has signed a Memorandum of Understanding (MoU) with the Ministry of Water and Forestry ofGabon on the development of a critical tim...
Siegwerk's Commitment to the Safest Inks and Coatings
HANOI, Vietnam, April 22, 2024 /PRNewswire/ -- Packaging plays an important role to protect food from contamination. Printing inks are an integral part of the packaging and are important because of their function to provide visual information, brand awareness, and as decorative of the packaging. ...
Specialty and Sustainable Materials for Packaging to Be Showcased by Avient at Propak Vietnam 2024
SHANGHAI, April 3, 2024 /PRNewswire/ -- Avient Corporation, a premier provider of specialty and sustainable materials solutions and services, will showcase its extensive range of sustainable and specialty colorants and additives for both rigid and flexible packaging at Propak Vietnam 2024, one of...
IT Tech Packaging, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results
BAODING, China, March 27, 2024 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American: ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced its unaudited financial results for the fourth quarter and audit...
Amcor announces CEO transition and reaffirms fiscal 2024 outlook
ZURICH, March 19, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR; ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced today that after nine years as Chief Executive Officer (CEO),Ron Delia has informed the Board of Directors of his decision to retire from the...
SinoCorrugated South 2024 to offer more automation solutions on site
SHENZHEN, China, March 15, 2024 /PRNewswire/ -- Given the current market environment, it is believed that the packaging industry has reached a consensus - the market has bidden farewell to the past incremental era of swift development and has entered the era of carving out the stock market. What ...
Schoeller Allibert chooses IFS Cloud to support operational and sustainability ambitions
ERP software will enable packaging solutions producer to track and report on ESG performance, while further enhancing the sustainability performance of its products LONDON, March 14, 2024 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that Schoeller Allibert, ...
Nature Wood Group Limited Announces Strong 2024 Guidance Driven by EU Regulations
Nature Wood Group Limited Expects 75% Revenue Growth in 2024 MACAU, March 4, 2024 /PRNewswire/ -- Nature Wood Group Limited ("Nature Wood" or the "Company"), one of global leaders in vertically-integrated forestry and FSC business operations, is pleased to announce its guidance for the fiscal ye...
Kotex Global Study Finds Nearly 60% of Women Feel Progress is Lacking and Launches #ProgressFeelsLike Movement to Ignite Action on International Women's Day
Kotex, champion of women's progress for 100+ years, launches provocative next phase of its "She Can Initiative" to generate awareness around study and drive systemic change DALLAS, Feb. 27, 2024 /PRNewswire/ -- Kimberly-Clark's (NYSE:KMB) Kotex, creator of the period care category, is marking In...
Amcor reports first half and second quarter result for fiscal 2024
December 2023 quarter: GAAP diluted EPS of 9.2 cps; Adjusted EPS of 15.7 cps Highlights - Six Months Ended December 31, 2023 * Net sales of $6,694 million; * GAAP Net income of $286 million; GAAP diluted earnings per share (EPS) of 19.8 cps; * Adjusted EPS of 31.3 cps and Adjusted EBIT of $...
ConTech expansion: new sustainable construction plant VMG Lignum Construction will supply €150 million of LVL and I-beams annually to the American, Australian, and European markets
KLAIPĖDA, Lithuania, Feb. 7, 2024 /PRNewswire/ -- VMG Lignum Construction, the first sustainable construction factory of its kind in the Baltics and only the third inEurope, has begun operations with plans to produce €150 million of products a year for Scandinavia,North America, Australia, and ma...
Singapore's Premier One-Stop Marketplace for Gifts, Print and Packaging, and Workplace Solutions to return in March 2024
SINGAPORE, Jan. 18, 2024 /PRNewswire/ -- The Singapore Gift & Premiums Fair, PrintPack+Signand Office Expo Asia will return in a physical tradeshow format for the first time since the COVID-19 pandemic. Leading sourcing events in their respective fields, the three tradeshows are co-located to off...
Global Times: Chinese aseptic packaging company accelerates domestic substitution by acquisition
XINTAI, China, Jan. 17, 2024 /PRNewswire/ -- As one of the largest dairy and milk consumers in the world, with an annual industry growth rate of about 10 percent,China has in recent years set its sights on aseptic packaging, an unassuming but critical phase for the milk industrial chain, which ar...
Goodnotes Acquires Korean AI Startup, Dropthebit, to Accelerate Development of AI Features
LONDON, Jan. 15, 2024 /PRNewswire/ -- Goodnotes
TRICORBRAUN ACQUIRES PLAS-PAK WA, EXPANDING ITS AUSTRALIAN FOOTPRINT
ST. LOUIS, Jan. 15, 2024 /PRNewswire/ -- Global packaging leader TricorBraun announced today that it has acquiredPerth-based Plas-Pak WA, a plastic packaging distributor and manufacturer. The acquisition extends TricorBraun's Australian footprint toWestern Australia. Plas-Pak WA provides an expa...
HAVIT to Unveil New Eco-Friendly Packaging at CES
GUANGZHOU, China, Jan. 10, 2024 /PRNewswire/ -- HAVIT, a leading smart electronic technology company, specializing in audio devices, is committed to the exploration of innovative technologies while attaching great importance to environmentally sustainable development. As a responsible company, HA...
Biesterfeld and Celanese: global expansion and enhanced joint portfolio as of 2024
HAMBURG, Germany, Jan. 3, 2024 /PRNewswire/ -- International distributor Biesterfeld and leading technical plastics manufacturer Celanese are further expanding their collaboration in the new year. The partners have agreed to enhance their joint portfolio and to cooperate to develop new markets. ...
WEPACK 2024 Scheduled to Take Place in Shenzhen, China in April 2024
The Premier Event Spans the Entire Packaging Industry Chain SHENZHEN, China, Dec. 27, 2023 /PRNewswire/ -- The packaging industry is poised to encounter a series of new opportunities and challenges in 2024. The rising cost of upstream raw materials and the lack of economies of scale for midstrea...
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