Asia Pulp & Paper

Hilco Commercial Industrial Unveils Strategic Changes and Reinforces Commitment to Actionable Capital Solutions in the Middle-Market

Retrieved on: 
Thursday, July 27, 2023

NORTHBROOK, Ill., July 27, 2023 /PRNewswire/ -- Hilco Commercial Industrial (HCI ), a leading investment platform specializing in asset-based capital solutions, is proud to announce exciting organizational changes aimed at bolstering its commercial and industrial investment capabilities.

Key Points: 
  • NORTHBROOK, Ill., July 27, 2023 /PRNewswire/ -- Hilco Commercial Industrial (HCI ), a leading investment platform specializing in asset-based capital solutions, is proud to announce exciting organizational changes aimed at bolstering its commercial and industrial investment capabilities.
  • Leveraging Hilco Global's extensive asset valuation expertise and operational proficiency, HCI is set to deliver exceptional value to middle-market industrial businesses across North America.
  • HCI's restructured team is driven by a clear investment focus, targeting key areas including Going Concern Acquisitions, Elongated Wind-downs, Special Situations Lending, and Asset Monetization/M&A Facilitation.
  • Under the leadership of the HCI executive team, HCI is well-positioned to seize complex and multi-asset commercial and industrial investment opportunities.

Norkol adds APP's Bio Natura recyclable, plastic & PFAS-free food packaging paperboard to its portfolio of food packaging solutions

Retrieved on: 
Tuesday, August 2, 2022

NORTHLAKE. Ill, Aug. 2, 2022 /PRNewswire-PRWeb/ -- Norkol Converting Corporation, one of the largest family-owned paper and packaging providers in the nation, announced today that in an effort to achieve its sustainability goals and lower its environmental impact, it will now offer APP's award-winning, recyclable, compostable and plastic free Foopak Bio Natura paperboard.

Key Points: 
  • Available to Norkol through Charta Global, APP's exclusive strategic partner in the US, Bio Natura was developed with a proprietary innovative nano aqua-dispersion technology which replaces harmful petroleum-based and plant-based plastic coatings.
  • Designed to meet the global demand for sustainable food service packaging, Bio Natura paperboard is both curb-side recyclable and plastic-free.
  • It is PFAS-free, meets Halal requirements, and is FDA-compliant, REACH and BfR certified for direct food contact.
  • For more information on the Foopak portfolio of paperboard food packaging solutions available in sheets and rolls from Norkol as well as other capabilities, availability, and pricing, please contact us 708-531-1000 ext.

EQS-News: ANDRITZ GROUP: Results for the first quarter of 2022

Retrieved on: 
Friday, April 29, 2022

GRAZ, APRIL 29, 2022. International technology group ANDRITZ saw very favorable business development in the first quarter of 2022.

Key Points: 
  • GRAZ, APRIL 29, 2022. International technology group ANDRITZ saw very favorable business development in the first quarter of 2022.
  • Joachim Schnbeck, President & CEO of ANDRITZ AG: "We are very pleased with business development in the first quarter of 2022.
  • The financial guidance provided by ANDRITZ for 2022 takes account of the financial impact discernible from today's perspective by the war in Ukraine as a regional incident.
  • This may create a need for capacity adjustment measures that could have a negative impact on the ANDRITZ GROUP's earnings.

Billing Paper Market to Top US$ 1.48 Bn by 2031 as Adoption of Green Billing Papers Burgeons: Future Market Insights

Retrieved on: 
Wednesday, November 17, 2021

DUBAI, U.A.E., Nov. 17, 2021 /PRNewswire/ -- As per the latest study by FMI, the global billing paper market is estimated to reach US$ 1.48 Bn by the end of 2031. Increasing adoption of digitalized billing systems, especially across developing economies such as India, China, Indonesia, and others is propelling the demand for billing paper.

Key Points: 
  • DUBAI, U.A.E., Nov. 17, 2021 /PRNewswire/ -- As per the latest study by FMI, the global billing paper market is estimated to reach US$ 1.48 Bn by the end of 2031.
  • Increasing adoption of digitalized billing systems, especially across developing economies such as India, China, Indonesia, and others is propelling the demand for billing paper.
  • Some of the leading billing papers manufacturers are launching environment-friendly products to capitalize on the increasing demand for green papers.
  • The top five companies in billing paper market include Koehler Paper Group, Pixelle Specialty Solutions, Mitsubishi HiTec Paper Europe GmbH, Asia Pulp & Paper (APP) Sinar Mas.

Billing Paper Market to Top US$ 1.48 Bn by 2031 as Adoption of Green Billing Papers Burgeons: Future Market Insights

Retrieved on: 
Wednesday, November 17, 2021

DUBAI, U.A.E., Nov. 17, 2021 /PRNewswire/ -- As per the latest study by FMI, the global billing paper market is estimated to reach US$ 1.48 Bn by the end of 2031. Increasing adoption of digitalized billing systems, especially across developing economies such as India, China, Indonesia, and others is propelling the demand for billing paper.

Key Points: 
  • DUBAI, U.A.E., Nov. 17, 2021 /PRNewswire/ -- As per the latest study by FMI, the global billing paper market is estimated to reach US$ 1.48 Bn by the end of 2031.
  • Increasing adoption of digitalized billing systems, especially across developing economies such as India, China, Indonesia, and others is propelling the demand for billing paper.
  • Some of the leading billing papers manufacturers are launching environment-friendly products to capitalize on the increasing demand for green papers.
  • The top five companies in billing paper market include Koehler Paper Group, Pixelle Specialty Solutions, Mitsubishi HiTec Paper Europe GmbH, Asia Pulp & Paper (APP) Sinar Mas.

APP's Foopak Bio Natura Accelerates Global Plastic-Free Mission with New Flustix Certified "Plastic-Free" Paperboard for Food Packaging

Retrieved on: 
Thursday, September 16, 2021

JAKARTA, Indonesia, Sept. 16, 2021 /PRNewswire/ -- Foopak Bio Natura, one of Indonesia-based Asia Pulp & Paper's flagship brands and paperboard brand for food and beverage packaging, received plastic-free certification from Flustix, an international plastic-free certification body based in Germany.

Key Points: 
  • JAKARTA, Indonesia, Sept. 16, 2021 /PRNewswire/ -- Foopak Bio Natura, one of Indonesia-based Asia Pulp & Paper's flagship brands and paperboard brand for food and beverage packaging, received plastic-free certification from Flustix, an international plastic-free certification body based in Germany.
  • Foopak Bio Natura's paper products use certified natural wood sources without plastic polymer additions to combat the rising plastic pollution seen in the food and beverage industry.
  • With 300 million metric tons of plastic waste produced annually worldwide, Foopak Bio Natura has set sights to substitute single-use plastics and food packaging by ensuring their products are entirely recyclable and compostable at industrial composting facilities and consumer homes.
  • Foopak Bio Natura firmly believes in creating a sustainable green supply chain without harmful effects on both consumers and the environment.

Square, Inc. Announces Plans to Acquire Afterpay, Strengthening and Enabling Further Integration Between its Seller and Cash App Ecosystems

Retrieved on: 
Sunday, August 1, 2021

Afterpay, the pioneering global 'buy now, pay later' (BNPL) platform, will accelerate Squares strategic priorities for its Seller and Cash App ecosystems.

Key Points: 
  • Afterpay, the pioneering global 'buy now, pay later' (BNPL) platform, will accelerate Squares strategic priorities for its Seller and Cash App ecosystems.
  • Buy now, pay later has been a powerful growth tool for sellers globally, said Alyssa Henry, Lead of Squares Seller business.
  • Afterpay will help deepen and reinforce the connections between our Cash App and Seller ecosystems, and accelerate our ability to offer a rich suite of commerce capabilities to Cash App customers.
  • Combined, Square and Afterpays complementary businesses present an opportunity to drive growth across multiple strategic levers, including:
    Enhance both the Seller and Cash App ecosystems.

Silofit Raises $10.25 Million in Series A Funding to Expand its Network of Micro-Gyms to Key US Markets

Retrieved on: 
Thursday, July 29, 2021

Silofit today announced that it has raised US$10.25 million (CAD$12.75 million) in Series A funding, along with US$2 million (CAD$2.5 million) in debt financing from Silicon Valley Bank.

Key Points: 
  • Silofit today announced that it has raised US$10.25 million (CAD$12.75 million) in Series A funding, along with US$2 million (CAD$2.5 million) in debt financing from Silicon Valley Bank.
  • The Series A brings the total funds raised by Silofit to date to CAD$19.4 million.
  • Silofit turns small office spaces into high-end, private micro-gyms (Silos) that are used by fitness trainers and their clients, and individual gym-goers.
  • Silofit currently has 20 Silos across Montreal and Toronto and more than 12,000 users and 3,000 trainers who are active on the Silofit app.

Common App Launches More Inclusive Application for 2021-2022 School Year

Retrieved on: 
Friday, July 30, 2021

ARLINGTON, Va., July 30, 2021 /PRNewswire-PRWeb/ --Common App, the non-profit membership organization that serves over 1 million aspiring college students every year, will launch its 2021-2022 application on Sunday, August 1.

Key Points: 
  • ARLINGTON, Va., July 30, 2021 /PRNewswire-PRWeb/ --Common App, the non-profit membership organization that serves over 1 million aspiring college students every year, will launch its 2021-2022 application on Sunday, August 1.
  • Used by more than three million applicants, teachers, and counselors across the United States and around the world each year, the Common App platform streamlines the college application process for students.
  • The new application will include several significant changes announced by Common App over the last year that take effect on August 1, including:
    "We want all students to feel supported by Common App regardless of where they are on their path to education attainment," said Jenny Rickard, President and CEO of Common App.
  • Students applying to college in 2021-2022 will also have access to more than 60 additional diverse colleges and universities through Common App's online application.

InMobi Exchange Integrates with In-App Header Bidding Solutions to Reduce Friction and Optimize Competition for Premium In-App Inventory

Retrieved on: 
Wednesday, July 28, 2021

This enables app developers to access InMobis most premium demand on their preferred platform while giving advertisers frictionless access to quality in-app inventory at scale.

Key Points: 
  • This enables app developers to access InMobis most premium demand on their preferred platform while giving advertisers frictionless access to quality in-app inventory at scale.
  • Our integration with the worlds leading in-app header bidding solutions removes friction from the buying process while optimizing competition for all available in-app impressions in a single destination, said Kunal Nagpal, SVP and GM, Publisher Platform and Exchange at InMobi.
  • By increasing competition for our inventory through in-app header bidding, were able to increase our eCPMs overall and thus increase advertising revenue.
  • With header bidding, we have more flexibility in finding the required scale at the right price with our target users.