Substrates

Stora Enso has revised its guidance for 2023 and said its operational EBIT is now expected to be “significantly lower” than for 2022 due to the worsening outlook.

A revamp at James Cropper aimed at accelerating growth at the business will also involve a significant scaling back of production at its Paper wing as the group focuses on value rather than volume.

A person has died following the fungal infection outbreak that has shuttered Billerud’s Escanaba paper mill.

Paper and packaging group Billerud is dealing with an unusual situation at one of its mills involving a rare fungal infection, and which has now resulted in a temporary shutdown of the operation.

Sappi’s deal to sell three European mills to Aurelius Group is off after the transaction failed to complete.

Mondi is investing to optimise the performance of the operation at its Neusiedler uncoated fine paper mill in Austria, with job losses expected.

Avery Dennison has teamed with the Carbon Trust to improve its environmental impact measurement and reporting systems.

Agfa’s long-planned sale of its Offset Solutions business unit has finally been completed.

UPM has completed the sale of all of its Russian operations while Stora Enso has completed the divestment of its Hylte paper site.

AM Trading UK has been appointed exclusive official UK partner for all Emami coated board products, as it targets expanding the options for UK packaging converters.