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Paper Packaging

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Graphic Packaging to create a $6 billion integrated paper-based packaging company

Tuesday, 24 Oct 2017

Oct 24 (Reuters) - Graphic Packaging Holding Co :Graphic Packaging to create a $6 billion integrated paper-based packaging company by combining with International Paper's North America consumer packaging business.Graphic Packaging Holding Co - ‍deal projected to be accretive to earnings in year one​ post-closing of deal.Graphic Packaging Holding - Co will own 79.5 percent of partnership and will be sole operator; International Paper will own 20.5 percent of partnership​.Graphic Packaging Holding Co - deal will ‍have no change to Graphic Packaging's current board of directors or leadership team​.Graphic Packaging Holding - ‍international Paper's North America consumer packaging business is projected to generate adjusted EBITDA of $210 million in 2017​.

International Paper to combine unit with Graphic Packaging in $1.8 bln deal

Tuesday, 24 Oct 2017

Oct 24 (Reuters) - International Paper Co ::International paper and Graphic Packaging create leading consumer packaging platform.International Paper Co - transaction valued at $1.8 billion​.International Paper Co - ‍signed a definitive agreement to contribute its north america consumer packaging business to graphic packaging​.International Paper Co - ‍ip plans to use $660 million in cash proceeds from a loan being assumed by graphic packaging to pay down existing debt​.International Paper-‍will also receive 20.5 pct ownership interest valued at $1.14 billion in a unit of graphic packaging that will hold assets for combined business​.International Paper Co - ‍transaction is expected to close in early 2018​.

International Paper to combine unit with Graphic Packaging in $1.8 bln deal

Tuesday, 24 Oct 2017

Oct 24 (Reuters) - International Paper Co ::International paper and Graphic Packaging create leading consumer packaging platform.International Paper Co - transaction valued at $1.8 billion​.International Paper Co - ‍signed a definitive agreement to contribute its north america consumer packaging business to graphic packaging​.International Paper Co - ‍ip plans to use $660 million in cash proceeds from a loan being assumed by graphic packaging to pay down existing debt​.International Paper-‍will also receive 20.5 pct ownership interest valued at $1.14 billion in a unit of graphic packaging that will hold assets for combined business​.International Paper Co - ‍transaction is expected to close in early 2018​.

Billerudkorsnas Q3 EBITDA matches forecasts, sees strong Q4 demand

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - Billerudkorsnas AB (Publ) :Q3 ‍net sales SEK 5,544 m​.Q3 ‍EBITDA SEK 1,051 m.Reuters poll: Billerudkorsnas q3 EBITDA was seen at SEK 1.06 billion, sales at 5.70 billion​.Says ‍EBITDA was affected by costs of sek 215 million for planned maintenance shutdowns​.Says ‍demand and order situation are expected to be strong in Q4 with normal seasonal variances for all business areas​.Says ‍packaging paper and corrugated solutions business areas see opportunities for local price increases in next quarter​.Says ‍wood costs for Q4 are expected to be unchanged​.Says ‍costs for planned maintenance shutdowns in Q4 are estimated at SEK 120 million​.Says ‍additional non-recurring costs at gruvön of around SEK 30 million for training and temporary staff are expected to impact Q4​​.Outlook for 2018: Says ‍paper prices in local currency are expected to increase.​.Outlook for 2018: Says ‍total raw material cost might be impacted by an increased market demand​.Outlook for 2018: Says ‍pulp price is expected to decrease during year​.Outlook for 2018: Says ‍production capacity is estimated to increase by approximately 1%.​.Outlook for 2018: Says ‍company expects additional non-recurring costs at gruvön of around SEK 150 million for loss of volumes, training and temporary staff​.Says MG machine, moved to Skärblacka from Tervasaari, will be started up and is expected to produce 40 ktonnes, mainly in the second half of the year.

Billerudkorsnas says Karlsborg unit seen back at full production next week

Monday, 11 Sep 2017

Sept 11 (Reuters) - BillerudKorsnas AB (Publ) :BillerudKorsnas production unit in Karlsborg expected to be back to full production during next week.Says "During the night between September 5th and 6th, there was a fire in one of the buildings at BillerudKorsnäs’ production unit in Karlsborg and the production has been stopped since then".Says now expects Karlsborg to be back to full production during the week starting with Monday September 18th.The production unit in Karlsborg manufactures sack and kraft paper as well as market pulp for the Packaging Paper business area and has a production capacity of approximately 300,000 tonnes per year.

Huhtamaki Q4 underlying EBIT EUR 65.4 million, in line with expectations

Wednesday, 15 Feb 2017

Huhtamaki Oyj : Q4 net sales 732 million euros ($775 million)(Reuters poll 735 million euros) . Q4 underlying EBIT 65.4 million euros (Reuters poll 65.7 million euros) . Group's trading conditions are expected to remain relatively stable during 2017 . Good financial position and ability to generate a positive cash flow will enable group to address profitable growth opportunities in 2017 . 2017 capital expenditure is expected to be approximately at same level as in 2016 with majority of investments directed to business expansion .Proposes a dividend of 0.73 euro per share (Reuters poll: 0.75 euro per share).

SHINDAEYANG PAPER to halt production due to fire disaster

Friday, 10 Jun 2016

SHINDAEYANG PAPER CO.,LTD <016590.KS> :Says it will halt the paper making production of its factory from June 10 due to fire disaster.

Shindaeyang Paper subsidiary to divest real estate business into new subsidiary

Thursday, 25 Feb 2016

Shindaeyang Paper Co., Ltd:Says its subsidiary SHINDAEHANPANJI CO., LTD. to divest real estate business into a new wholly owned subsidiary.Division ration of 0.7948503:0.2051497 between SHINDAEHANPANJI CO., LTD and new subsidiary.Says division effective date of March 31 and registration date of April 4.

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