International Paper (NYSE: IP) today announced that it completed the previously disclosed sale of its Brazilian corrugated packaging business to Klabin S.A. The business has three containerboard mills and four box plants. The company will continue to run its papers business and forestry operations in Brazil.
https://internationalpaper2015.q4web.com/news-releases/press-r/2020/International-Paper-Completes-the-Sale-of-Its-Brazilian-Corrugated-Packaging-Business/default.aspx
Related Posts
TC Transcontinental Packaging is pleased to announce that it has been recognized with the prestigious Gold award in the Shelf Impact category for manufacturing the Procter & Gamble’s Gillette Slate Resealable Razor Pouches at the 2023 Flexible Packaging Achievement Awards. Additionally, TC Transcontinental Packaging took home two Silver awards; one in the Shelf Impact category for the San Pellegrino Essenza Sparkling Water 24-case collation shrink film which includes 33% of PCR (post post-consumer recycled) content, and one in the Printing category for the Whole Foods Baking Mix Flat Bottom Pouches. “We are proud to win FPA’s “Shelf Impact” and “Printing” awards and to be recognized by the industry for our team’s technical expertise,” said Thomas Morin, President Transcontinental Packaging. “At TC Transcontinental Packaging we value the trust our customers place in us, and every TC employee strives to deliver flexible packaging solutions especially for them. We acknowledge the critical role our packaging plays in annunciating their brand message and connecting with the consumer. To do so we bring high-end technology, sustainable solutions, expertise, and passion to support our customer’s success in the market today.”
Tredegar Surface Protection announced that it has commissioned a state-of-the-art manufacturing line for developing innovative surface protection films. Recognized for its industry-leading quality and supply reliability, Tredegar Surface Protection plays a critical role in protecting the sensitive surfaces of optical films used in displays and other substrates during manufacturing, converting and transportation. In response to increased demand for high-quality surface protection films and faster design cycles in the LCD and OLED markets, the Company has invested approximately $5 million for a scale-up line in its Richmond Technical Center located in Richmond, Virginia. “New technologies such as 8K resolution and foldable displays are driving the need for new surface protection films that meet increasing quality and performance requirements. This scale-up line will enable us to commercialize new products faster to ensure we can satisfy industry quality requirements and keep pace with the rapid introduction of new models in the mobile phone and television markets,” said Bapi DasGupta, President of Tredegar Surface Protection. “Tredegar Surface Production has a long track record of supplying innovative high-quality materials for masking applications, and this expansion will enable us to continue our tradition of providing increased value to improve our customers’ productivity and bottom line.”
Cascades is pleased to announce the launch of its new range of Cascades Fresh packaging products for fruits and vegetables. Designed for producers, packers and retailers, Cascades Fresh packaging solutions meet the needs of this key industry while also addressing consumers' concerns about the environmental footprint of their foodstuffs. Through this new range of products, Cascades brings the circular economy to life by using different types of cardboard and recovered plastics to offer a full and multi-material range of eco-friendly, recycled and 100% recyclable products to reduce the environmental footprint of packaging used in the produce sector. The various products include trays made from PETE, LDPETE and cardboard, baskets, carriers and corrugated cardboard boxes as well as a number of sturdy and leakproof options.