Cascades inaugurates the expansion of its Drummondville packaging plant

ECP (Engineered Coated Products) Division of IPG (Intertape Polymer Group), a leading manufacturer of polyolefin products, proudly unveils Claro™ Greenhouse Fabrics, an innovative woven polyethylene fabric designed to revolutionize greenhouse farming. Claro is 100% PVC-free and sets a new standard for longevity, durability, performance, and environmental responsibility in the agricultural industry. Engineered to meet the evolving demands of modern agriculture practices, Claro is woven from highly stabilized clear HDPE tapes and finished with LDPE coating. This unique construction offers a range of HDPE products with varying properties to suit different agricultural needs.

January–March 2018 (10–12/2017) • Sales were EUR 492.3 million (451.3). • Comparable operating result was EUR 69.0 million (54.4), or 14.0% (12.0) of sales. The operating result was EUR 69.0 million (54.4). • Comparable earnings per share were EUR 0.15 (0.12), and earnings per share were EUR 0.15 (0.12). • Comparable return on capital employed was 15.8% (12.4). Click Read More below for additional information.

The Mayr-Melnhof Group has reached an agreement that International Paper Holding sp. zoo ("Kwidzyn") from International Paper for around EUR 670 million and to assume additional liabilities of around EUR 33 million from usufructuary rights and operating leases according to IFRS. The acquisition of Kwidzyn is part of MM's strategy to grow in the high-quality virgin fiber board (FBB) sector with innovative, sustainable and cost-effective qualities. The planned transaction will have an immediate impact on earnings. At the integrated pulp and paper site in Poland, Kwidzyn operates a pulp mill with a capacity of around 400,000 t pa and four connected cardboard/paper machines: the core is an FBB board machine with a capacity of 260,000 t pa.