DS Smith will acquire Corrugated Container Corporation (CCC), for an undisclosed amount, to boost its box-making capacity.
It will acquire four CCC facilities in North America in Tennessee, North Carolina and two sites in Virginia, which employs more than 190 people.
more detail at: https://www.confectionerynews.com/Article/2018/05/23/DS-Smith-to-acquire-Corrugated-Container-Corporation
Related Posts
The American Forest & Paper Association (AF&PA) released the November 2024 Packaging Papers Monthly report. Total packaging papers & specialty packaging shipments in November increased 9% compared to November 2023. They were up 11% when compared to the same eleven months of 2023. The operating rate for bleached packaging papers was 75.9%, up 4.8 points from November 2023 and up 6.7 points year-to-date. Shipments of the biggest subgrade in unbleached packaging papers – bag & sack – were 97.2 thousand short tons for the month of November, up 2.6% from the same month last year and up 16.6% year-to-date.
Virox Technologies Inc., a leading innovator of patented, sustainable disinfectant chemistries, today announces that it has finalized multi-year licensing and supply agreements with Diversey, A Solenis Company, to bring its latest patented disinfectant technology, Citr-IQTM, to the healthcare sector and others. Diversey is a leading provider of hygiene, infection prevention and cleaning products, and technology, and will add multiple disinfectant products, powered by Virox’s Citr-IQ, to its lineup of professional offerings. Under the terms of the agreements, Virox will receive undisclosed license fees and royalties for the use of the formulas covered under the patented Citr-IQ disinfectant platform, as well as manufacture products containing the Citr-IQ formulas for Diversey’s North American markets. These Citr-IQ products will be produced in Virox’s LEED® Gold Certified manufacturing facility in Oakville, Ontario, Canada. Diversey has previously licensed chemical disinfectant technology from Virox with the patented Accelerated Hydrogen Peroxide® (AHP®) platform, which Diversey fully acquired from Virox in 2019. AHP was created by Virox in 1998, and successfully transformed disinfection with a safe, effective, and sustainable patented chemistry. AHP is used across the globe in human and animal health sectors and is the active ingredient in multiple brands, including Diversey’s Oxivir® and Accel® infection prevention platforms.
Leading global packaging solutions company, Huhtamaki has redefined the possible by using science to develop groundbreaking mono-material technology. Its innovative and sustainable flexible packaging, in Paper, PE and PP Retort, is transformational and meets the demands of both its customers and their consumers. Announcing its game-changing innovation, Dr. Marco Hilty, President of Flexible Packaging at Huhtamaki outlined its importance: “What we’ve done, quite simply, is to redesign the future of flexible packaging by setting new industry standards in mono-material solutions. These blueloopTM innovations are both unique to Huhtamaki and transformational. They simultaneously deliver recyclability, with no compromise in either product protection or affordability. This is the power of three. “These at-scale innovations will support our customers reach the commitments many of them have made, including to use only recyclable, compostable or reusable packaging by 2025 and align with the direction of future policy, both in the EU and globally."