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Recent Articles

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FedEx to increase shipping rates by 6.9%-7.9% on average for Express, Ground, effective January 2023, to offset weakening demand; courier expects up to US$2.70B in savings this fiscal year as it temporarily parks planes and lowers flight frequencies

Fedrigoni reports H1 2022 turnover of €1.08B, up 43% from H1 2021, and adjusted Ebitda of €166.2M, up 64% from year ago, for labels, premium self-adhesive solutions and specialty papers for luxury packaging; company increasing focus on luxury sector

Philip Morris names two former FDA officials as chief life sciences officer and as VP, US scientific engagement and regulatory strategy; new appointments align with company's journey toward a smoke-free future, says president of PMI Americas

Sappi Europe to expand capacity at its Gratkorn, Austria, mill to also manufacture wet-strength label papers; double-digit million-euro investment part of Sappi's strategy to become leader in label sector, introduce value-added products across business

Stora Enso updates on its strategic direction, performance; company aims to 'significantly lower' exposure to market pulp, reduce cyclicality by increasing integration and growing in renewable packaging, building solutions, new innovative biomaterials

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