Joint Venture

Mondi, a global leader in packaging and paper, has collaborated with Austrian mechanical engineering company EW Technology to launch a new machine for paper pallet wrapping that is more efficient and sustainable on small-to-medium production lines.

Stora Enso and wood technology company Modvion are partnering to establish wood as the material of choice for wind turbine towers. The collaboration's purpose is to demonstrate the vast possibilities in using wood in demanding constructions.

Sonoco, one of the leading global sustainable packaging companies, announced favorable results from a recent study by trial with Sustana in collaboration with Kellogg's, providing new opportunities to recycle paper containers.

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.

Mondi, a global leader in packaging and paper, has collaborated with Austrian mechanical engineering company EW Technology to launch a new machine for paper pallet wrapping that is more efficient and sustainable on small-to-medium production lines.

Mondi, a global leader in sustainable packaging and paper, has collaborated with German machine supplier beck packautomaten to create a functional paper solution that has the potential to revolutionise eCommerce by replacing plastic packaging and creating right-sized packaging for a wide range of products.

UPM Biochemicals and KRAHN Chemie Deutschland GmbH signed an exclusive distribution agreement to market UPM BioMotionTM Renewable Functional Fillers (RFF) in Germany, Austria and Switzerland. RFF are a completely new category of functional fillers, replacing fossil-based carbon black and precipitated silica. The distribution agreement covers UPM BioMotion™ X10, X20 and X40 product grades to be used in plastics, adhesives and sealants as well as paints and coatings.

Weyerhaeuser Company announced a new partnership with Firefighter Behavioral Health Alliance, Fighting Fires Together, that will provide support and resources for wildland firefighters and their families, as well as increase awareness of the importance of mental health assistance for these first responders.

Joining forces with leading beverage producers, Tetra Pak is launching tethered caps on carton packages. Marking a significant milestone in the company's long-term work on design for recycling, five new tethered cap solutions are currently being introduced across Ireland, the Baltics, Spain and Germany in different product categories - a market first for these geographies.

WestRock Company, a leading provider of differentiated paper and packaging solutions, has announced a partnership with Recipe Unlimited to implement a suite of recyclable paperboard packaging, intended to divert 31 million plastic containers from landfills across Canada each year. The packaging began appearing at Swiss Chalet restaurants in October, 2021 and is now available across all its locations.

Metsä Fibre and Veolia have signed a long-term partnership agreement on the refining of crude methanol generated in pulp production at the Äänekoski bioproduct mill into commercial biomethanol.

Elopak ASA and Nippon Paper Industries have agreed that Nippon Paper will produce and sell Elopak's lineup of Pure-Pak® packaging for liquid food and beverage products worldwide and introduce them to the Oceania region.

Greif, Inc., a global leader and industrial packaging solutions provider, announced today that it has completed its previously announced divestiture of the Flexible Packaging joint venture, or "FPS" for a total cash consideration of $123 million, subject to certain conditions and post-closing adjustments, to Gulf Refined Packaging.

Sonoco, one of the largest global sustainable packaging companies, announced it has acquired the remaining one-third interest in Sonoco do Brasil Participacoes, Ltda, a Brazil-based flexible packaging joint venture, from private investors.

The lease agreement provides OLCV with exclusive rights to develop and operate a carbon sequestration hub on more than 30,000 acres of subsurface pore space controlled by Weyerhaeuser.

Kruger Products L.P. has entered into a charitable partnership with One Tree Planted Inc. to plant 100,000 trees throughout North America over the next three years, another example of Kruger Products' bold commitment to grow the company while still reducing its environmental footprint through its Reimagine 2030 sustainability initiative.

BillerudKorsnäs and Viken Skog plan to initiate a feasibility study about future pulp production at Follum. This will be completed during the first half of 2023.

The Alberta provincial government announced a renewed joint forest management agreement (FMA) with West Fraser Mills Ltd. and Tolko Industries Ltd. for the next 20 years, in exchange for various responsibilities. The FMA allows both companies to maintain the right to establish, grow, harvest and remove Crown timber from the forest management area.

Huhtamaki, a key global provider of sustainable packaging solutions, has signed a 12-year Virtual Power Purchase Agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC.

Ahlstrom-Munksjö, Ellepot, and OrganoClick have partnered to provide 100% biobased and biodegradable solutions to the horticulture market. Organic 2.0 paper pot is an entirely organic-based solution to grow crops on an industrial scale. The new product has allowed the companies to enter the organic crop segment, which is expected to grow exponentially in the coming years.

Cascades Sonoco, a joint venture between Cascades and Sonoco Product Company, announced that its FlexSHIELD® coatings have received third party certification for compostability from TÜV Austria. Additionally, the coatings have achieved recyclability and repulpability certifications from the Fiber Box Association.

The boards of Rottneros and Arctic Paper have decided to invest 15 million euro in a moulded fiber tray factory at Arctic Papers premises in Kostrzyn, Poland. The factory will be operated in a separate legal entity and as a 50/50 joint venture, in line with the LOI that was signed by the parties on October 22nd, 2021.

The two companies worked together on a packaging solution for Henkel's hand dishwashing products that allows refilling plastic bottles from flexible pouches.

Finnish plywood manufacturer Koskisen is the first company to start using the bio-based binder NeoLigno® by Stora Enso in its new sustainable product family. Koskisen and Stora Enso's co-operation has resulted in the world's first entirely bio-based furniture board, called Zero Furniture Board.

Columbia Pulp I, LLC and GMCO Corporation announced plans to partner in the processing and sale of an innovative chloride-free soil stabilization and dust control product under GMCO's IntegriBlend brand. The IntegriBlend-CF product developed by GMCO is built upon Columbia Pulp's novel biopolymer chemistry platform, introducing a high-performance non-chloride alternative to dust suppression and soil stabilization applications.