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 […]