Sustainable Production

Search documents
International Paper Completes Divestiture of Five European Corrugated Box Plants to Satisfy Regulatory Commitments from the Acquisition of DS Smith Plc
Prnewswire· 2025-07-01 10:06
Core Viewpoint - International Paper has completed the divestiture of five European plants to PALM Group to meet regulatory commitments from its acquisition of DS Smith Plc [1][2]. Group 1: Company Overview - International Paper is a global leader in sustainable packaging solutions, headquartered in Memphis, Tennessee, with operations in over 30 countries and more than 65,000 employees [3]. - The company reported net sales of $18.6 billion for 2024 and acquired DS Smith in 2025, enhancing its position in the North American and EMEA regions [3]. Group 2: Details of the Divestiture - The divestiture includes three plants in Normandy, France, one box plant in Ovar, Portugal, and one box plant in Bilbao, Spain [1]. - This sale was part of the agreement with the European Commission to satisfy obligations related to the acquisition of DS Smith Plc [2]. Group 3: About PALM Group - PALM is a family-owned company based in Aalen, Germany, and is a leading European producer of containerboard, graphic paper, and corrugated packaging [4]. - In 2024, PALM operated five paper mills and 33 corrugated box plants in Europe, employing 4,200 people and achieving a turnover of €2 billion [4].
Graphjet Technology Discloses Stay of Suspension and Nasdaq Hearing Date
Globenewswire· 2025-06-16 23:52
Core Points - Graphjet Technology received a letter from Nasdaq on June 12, 2025, indicating that the suspension of trading for its Class A Ordinary Shares has been stayed pending a final decision by the Nasdaq Hearing Panel [1] - The hearing is scheduled for July 17, 2025, allowing the company's shares to continue trading on Nasdaq until that date [1] - The company was previously notified on June 4, 2025, that it was not in compliance with Nasdaq Listing Rule 5250(c)(1) due to delays in filing its Annual Report for the period ended September 30, 2024, and Quarterly Reports for the periods ended December 31, 2024, and March 31, 2025 [2] Company Overview - Graphjet Technology, founded in 2019 in Malaysia, specializes in producing graphene and graphite from agricultural waste, specifically palm kernel shells [4] - The company claims to have the world's first patented technology for recycling palm kernel shells into single-layer graphene and artificial graphite [4] - Graphjet's sustainable production methods aim to transform the global graphite and graphene supply chain [4]
Prairie Operating (PROP) FY Conference Transcript
2025-06-12 12:55
Prairie Operating (PROP) FY Conference June 12, 2025 07:55 AM ET Speaker0 Oh, we'll go ahead and get started. Dave Mossberger, three partner kicking off the day with my long lost friend, Lou Bassanese, and his new company that you're working for, Prairie Operating Company. Excited to hear the story. And with that, I'll turn it over to Lou. Speaker1 Thanks, Dave. I appreciate it, and thank everyone for, listening in and being here as well. I'm Lou Bassanese, EVP of Market Strategy at Prairie Operating Compan ...
Hiab invests EUR 19 million on its Multilift demountables facility expansion in Raisio, Finland
Globenewswire· 2025-05-15 12:00
HIAB CORPORATION, PRESS RELEASE, 15 MAY 2025 AT 3:00 PM (EEST) Hiab invests EUR 19 million on its Multilift demountables facility expansion in Raisio, Finland For more information, please contact: Hiab invests EUR 19 million to expand and modernise its Multilift demountables production facility in Raisio, Finland. The investment will modernise Raisio production and office facilities, reduce energy consumption through energy-efficient solutions, and provide a new showroom. Anu-Maaria Vaalama, Communications ...