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Henkel invests in Innovation Center in Shanghai and reinforces global footprint in China

Henkel today announced the construction of a new Adhesive Technologies Innovation Center in Shanghai. With an investment of more than 60 million Euro (RMB 500 million), the state-of-the-art facility will transform Henkel’s current Zhangjiang site into an Innovation Center for China and Asia-Pacific. The new site will also strengthen the position of Henkel Adhesive Technologies to serve a variety of industries and develop leading adhesives, sealants and functional coatings solutions for customers in the region.

UPM sells its Shotton paper mill to Eren Paper Ltd

UPM has signed an agreement to sell its Shotton newsprint mill site in North Wales, United Kingdom and all related assets to Eren Paper Ltd, a subsidiary of Modern Karton Sanayi Ve Ticaret A.Ş., the containerboard and corrugated packaging business of the Turkish industrial conglomerate Eren Holding (“Eren”). The closing of the transaction is planned for late Q3 2021.

Graphic Packaging Holding Company to Acquire AR Packaging from CVC Funds for $1.45 Billion in Cash

Creating Premier Global Provider of Sustainable Fiber-Based Consumer Packaging Solutions
Combination strengthens global positioning and expands scale in large and growing European fiber-based consumer packaging markets
Growth trajectory of combined company aligns with Vision 2025, providing significant value creation for stockholders and other stakeholders
Graphic Packaging to host conference call at 8:30am ET/2:30pm CET today to review transaction details


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