Metsä Board’s Kemi mill development programme completed

DS Smith, a leading sustainable packaging provider, today announced it has entered into an agreement to acquire Bosis doo, a high-quality packaging company in Serbia. The acquisition is complementary to the business’ existing regional packaging activity in Eastern Europe, and will support its growth drive in the region. With a focus on fast moving consumer goods (FMCG) customers, Bosis doo is particularly well suited to complement DS Smith’s strategy in the region, which targets higher growth and margin opportunities through its sustainable performance packaging customer proposition. The acquisition will be structured as a share transaction and is expected to complete within the second half of DS Smith’s financial year, subject to customary closing conditions.

A comprehensive examination of the framework conditions has shown that it is not possible to continue production on the board machine in Hirschwang an der Rax, Lower Austria, economically. The age and design of the machine (year of construction 1952) as well as increased market requirements prevent continued existence. 150 employees are affected, discussions about a social plan have already been started. The supply of customers from other plants of the Mayr-Melnhof Group is guaranteed. The result of the cartonboard division is expected to be impacted by around EUR 25 million, the greater part of which is due to depreciation. The Hirschwang site is to concentrate on the existing folding box production (Neupack) with 215 employees in the future. Investments to strengthen the location in this area are being examined.

Cardboard is one of the most widely recycled materials in the world. This guide will showcase the seven key steps of how cardboard is recycled, showing the journey of cardboard from waste collection, right through to its new life. Recycling cardboard helps protect the environment and saves valuable resources from landfill. Understanding the recycling process is key to ensuring that cardboard is stored and collected correctly, reducing contamination, and helping to enable a circular economy. Our Recycling, Paper and Packaging divisions at DS Smith work together to achieve this every day. Step 1: Cardboard sorting and storage. Step 2: Managing the quality of cardboard at the recycling facility. Step 3: Transportation to paper mills. Step 4: Processing the cardboard bales to pulp. Step 5: Making the paper. Step 6: Creating the paper reels. Step 7: Creating the cardboard.