Ox Industries Opens New Converting Facility In Sturgis, Michigan

With Pure DecorX™, BillerudKorsnäs is introducing the latest development in White Top Kraftliner. The launch opens up great improvement potential for decorative corrugated packaging, in terms of strength, print appearance and sustainability. Pure DecorX is a 3-ply construction made of 100% primary wood fibres, which makes the liner strong, stiff and with high thickness. In practice, this means great lightweighting opportunities, high runnability in converting machines, reduced risk of washboarding, and enhanced packaging performance. The use of only primary fibres also makes Pure DecorX a climate-smart choice: it is renewable, recyclable and biodegradable, and the fibres can be traced back to responsibly managed forestry.

The consolidated sales of the group increased by EUR 928.9 million to EUR 2,218.5 million (H1 2021: EUR 1,289.6 million). This increase resulted primarily from the acquisitions of the previous year and from passing on cost increases through higher prices. At EUR 285.0 million, the operating result was EUR 192.9 million higher than in the previous year (H1 2021: EUR 92.1 million). The significant increase results in particular from the MM Board & Paper division. In the previous year, one-time expenses from adjustment and restructuring measures amounting to EUR 26.1 million were recorded in the packaging division. The Group's operating margin thus reached 12.8% (H1 2021: 7.1%). The profit for the period increased by EUR 143.6 million to EUR 205.8 million (H1 2021: EUR 62.2 million).

American Packaging Corporation (APC), a leader in flexible packaging solutions, announced Ray Graham has transitioned to the role of Chief Executive Officer and President of American Packaging. This is part of APC's leadership transition plan announced in December 2023 that included, effective January 1, 2025, the following leadership changes: *Jeff Koch, former CEO, retired on December 31, 2024, and joined APC's board of directors. *Ray Graham, APC President, is now CEO and President. "As I step into the role of CEO, I am excited about the future of American Packaging and the unlimited potential for our business," Ray Graham said. "I will continue to engage with our valued customers, strategic suppliers, and most importantly our employees, who are the most talented, results oriented team of professionals in the flexible packaging industry. As a family-owned business, APC is unmatched in our continuous investment in capital equipment, technologies, and talented people, that ensure our customers and our future customers that we are the best supplier to partner with them to achieve their packaging goals."