Stora Enso decides to discontinue the divestment process of its Beihai production site in China (Inside information)

Ahead of the United Nations World Food Safety Day Tetra Pak announced its new set of research collaborations and programmes to further accelerate efforts to address challenges facing food systems worldwide. The initiative is part of the company’s drive to nurture an innovation ecosystem to open new opportunities in the areas of food availability, safety and sustainability. According to the Food and Agriculture Organisation UN FAO, the world is in a very different place compared to six years ago, when it committed to the goal of ending hunger, food insecurity and all forms of malnutrition by 2030. The current reality is that we have not been progressing fast enough towards ensuring access to safe, nutritious and sufficient food for all people. As an example, over 2 billion people did not have access to enough safe and nutritious food in 2020.

Total Packaging Papers shipments were 235,900 tons, 1.7 percent lower than August 2016. Bag & Sack shipments were up 5.5 percent year-to-date, while Food Wrapping shipments were down 8.5 percent over the same period. The operating rate for August 2017 was 90.3 percent, while the year-to-date rate was 88.8 percent. Inventories were 168,600 tons, down slightly since July.

Tetra Pak's Packaging Material Converting Factory in Denton is getting ready for new technology to support the growth of its business in the U.S. and Canada. The plant's expanded capabilities are made possible through a sizeable €30-million investment in factory upgrades, including a new state-of-the-art laminator, that will ensure the facility is well positioned to meet the evolving needs of the U.S. and Canadian markets with a wider range of packaging formats. "Tetra Pak is pleased to make these upgrades, which will position our Denton factory as one of the most advanced in our global operations," said Carmen Becker, president and CEO of Tetra Pak U.S. and Canada. "This new technology will allow us to produce an expanded portfolio of packages out of this facility and better serve our customers." With this investment, Tetra Pak will be able to move some production from Mexico to Denton and offer noteworthy benefits to Tetra Pak customers, including improved service, reduced lead times and other logistical efficiencies. Click Read More below for additional detail.