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22 Sep 23

Updated: 22 Sep 23

Packaging: Purpose
drives new designs  

London ExCel attracts
top brands; 4000 guests

#LondonPakagingWeek is back with a bang! Organisers expect 4000 visitors to the ExCel venue (21/22Sep) featuring over 200 vendors including leaders DSSmith, Smurfit-Kappa, Berry Global, Antalis, Berlin, Kite Packaging and Packaging Source. We review the exhbiitors and talk to leaders on the latest big trends. Day 1 Report here

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18 Sep 23

Updated: 19 Sep 23

Top papermkrs rid
Russian operations

IP & Mondi sell paper
& packaging interests

The big brands exodus from Russia continued apace: 3M, Unilever, Stora, Smurfit Kappa, International Paper and now Mondi Group. We provide full details of the sales and imminent moves in the pipeline....

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18 Sep 23

Updated: 20 Sep 23

Stora supplant
'transformer' CEO

Will veteran successor
revert to status quo?

Leading global packaging maker Stora Enso sales plunged through industry wide weak demand in Q2'23 causing a huge operating loss.  It seems the board held ceo Annica Bresky responsible and have appointed a replacement industry veteran with all speed. 

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7 Sep 23

Updated: 7 Sep 23

Smurfit packaging
a $40Bn merger?

Plans switch to NYSE
post $20Bn mktcap deal

Two of the world’s largest packaging makers are in advanced merger talks to create a global giant valued at nearly $20Bn. Dublin based Smurfit Kappa with $20Bn in sales is planning to merge with a similarly sized US giant. CEO Tony Smurfit explains the strategy behind the blockbuster move...

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5 Sep 23

Updated: 6 Sep 23

DSSmith demand
down, profits up 

Packaging giant benefits
from high prices levels

DSSmith the $8Bn Europeanpackaging giant and ex-owner of Spicers (until 2011), posted strong Q4'23 profits on declining demand tin Q4'23 to 30Apr'23. CEO Miles Roberts said it was boosted by maintaining higher prices rises in ia depressed ecommerce packaging business...

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4 Sep 23

Updated: 4 Sep 23

Stora restructuring
program progress

Packaging giant's plan
for customer centricity

Aimed at strengthening the Finnish packaging giant Stora Enso's long-term competitiveness and creating a decentralised and more customer centric operating model, the company had said the actions would reduce its headcount by around 1,150 in total.

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26 Aug 23

Updated: 28 Aug 23

MacFarlane packs
softer sales punch 

Declining volume & prices
saved by acqu'ns pipeline

UK packaging giant MacFarlane Group reported slowing growth in H1'23 as inflation abates, including key protective packaging acquisitions. CEO Peter Atkinson commented on progress, market prospects and details of its latest acquisition and pipeline...

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13 Aug 23

Updated: 13 Aug 23

Antalis packages
Canadian maker?

Expanding internationally,
away from core distrib'n?

KPP owned Antalis, the leading European paper and packaging distributor has acquired a small Canadian packaging designer and manufacturer. Under its new owner Antalis has focused on growth packaging and AV markets. But why venture so wide geographically, especially in North America and  on such a small scale?

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9 Aug 23

Updated: 9 Aug 23

CCL label sales
recovery slows

Price hikes boost growth
plus Avery acquisitions

CCL Industries (inc. Avery), the $6Bn in sales specialist labelmaker, reported a slower rate of recovery in Q2'23. Sales were stable in food, health and personal care markets. CEO Geoff Martin commented on results across all divisions boosted by price increases, FX and acquisitions

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8 Aug 23

Updated: 28 Aug 23

Sealed Air stalls,

as demand drops

Protective packaging weak.
Baginabox acq boosts sales

Sealed Air Corp, the $5Bn+ maker of protective packaging for Food & FM products reported softer sales again in Q2'23, especially in protective packaging. CEO Ted Doheny seemed strangely satisfied considering its decline and loss of market share. Full analysis here