SCA announced plans to acquire two European packaging companies. The company also is making investments at another operation.
The acquisition in France comprises two French packaging companies - Anjou Emballages and Cartonnages Industriels Mehunois - which are both part of the Belgian Catala Group.
Anjou Emballages, located near Nantes, and CIM, located near Orleans, are conversion units that produce corrugated-board packaging and offer advanced packaging solutions for the industrial segment. Anjou Emballages also offers molded plastics and other types of plastic packaging. The customer base is diversified, with Anjou Emballages focusing on industrial customers, while CIM focuses more on packaging for consumer products and convenience items.
SCA has acquired all of the shares in the Finnish packaging company Pakkausjaloste Oy, which is active in the conversion of corrugated board.
The company operates four conversion units in southern and central Finland and markets such products as corrugated-board boxes, presentation materials and specialty items.
The company also is investing in a coating line at the Ortviken paper mill will be rebuilt and modernized. The new equipment will improve the quality of the LWC paper produced at the mill, while the upgraded coating technology will provide scope for increased production.
Drying capacity at the Ostrand pulp mill will be increased. Currently, a certain amount of the pulp produced at the plant is pumped to M-real's adjacent Wifstavarv mill. As a result of this investment in increased drying capacity, the pumping of pulp can be discontinued without causing any reduction in production. This will improve the internal supply of pulp within SCA, at the same time as quality development can be focused on the Group's internal pulp needs. Wifstavarv will, however, continue to receive its supply of energy from the Ostrand pulp mill.Get curated news on YOUR industry.
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