Mondi announces departure of group’s chief executive officer Peter Oswald

AUSTRIA – Mondi Plc has announced that its Chief Executive Officer Peter Oswald, will step down from the position and the board of packaging and paper group and leave the company on 31st March 2020. […]

Australian packaging firm Orora to sell its fibre business for US$1.15bn

AUSTRALIA – Orora Ltd, an Australian packaging maker has agreed to sell its local fibre materials business to Japan’s Nippon Paper Industries for A$1.72 billion (US$1.15 billion). The sale of the business is set to […]

Nestlé Japan to replace KitKat plastic wrappers with paper packaging

JAPAN – Nestlé Japan has announced that it is launching recyclable paper packaging for its KitKat products in  part of its initiative to make 100% of its packaging recyclable or reusable by 2025. Japan is […]

South Africa packaging group Sappi to acquire Canadian paper mill for US$175m

SOUTH AFRICA – Sappi Limited, a South Africa based paper packaging group, has entered into an agreement to acquire the Matane high yield hardwood pulp mill in Quebec, Canada from Rayonier Advanced Materials for US$175 […]

Mondi to invest US$573.12m in South Africa’s packaging business

SOUTH AFRICA – Multinational paper packaging group, Mondi Plc, will be investing US$573.12 (R8bn) in its South Africa business over the next five years. This is part of the groups restructuring policy that was approved […]