Paper

Heinzel Group has completed the acquisition of the Steyrermühl paper mill in Upper Austria from UPM, marking the end of a sale first signed in 2022.

Jason Middleton has retired from Denmaur Independent Papers, a year and a half after the sale of Middleton Paper Company’s Fine Paper and Conversion division to Denmaur.

Elliott Baxter & Company (EBB) has introduced Lessebo Colours, a new range of environmentally friendly, uncoated, coloured paper, to its portfolio.

Sappi Europe is set to increase prices for its fine paper grades by 7-10% from January 2024.

Belfast sustainable packaging and label firm Biopax has bought a brand-new Holweg Weber rotary flexo press, capable of processing 500 million units of paper wrap per year.

UPM Pulp, UPM Timber, UPM Communication Papers, and UPM Biofuels are set to start change negotiations on around 2,200 possible temporary layoffs.

Fedrigoni Group has refreshed and expanded its range of embossed Imitlin papers as part of a wider strategy to position the products for elegant packaging applications.

James Cropper said its H1 group revenue is “broadly in line” with the board’s FY24 expectations, despite ongoing market headwinds in its Paper Products division.

Denmaur co-founder Nick Gee will retire at the end of the firm’s current financial year, after four decades at the paper and board merchant.

Lecta’s refinancing plan has been given the thumbs up by most of its stakeholders.