Seeking Alpha reports that Bank of America Securities raised its ratings on Silgan Holdings (NYSE:SLGN) and International Paper (NYSE:IP) to Buy from Neutral, citing attractive valuations and stronger-than-expected containerboard pricing that could offset operational headwinds.

Packaging Dive reports that Executives on the fiscal Q3 earnings call Thursday also shared updated timing on two major divestiture closings, with one coming slightly ahead of projections and the other slightly later.

Valmet has received an order from Klingele Paper & Packaging for an automation solution to increase resource efficiency through digitalization at the Weener paper mill in Germany. The order comprises an integrated solution that combines three new automation products with the customer’s existing automation environment to reduce surface starch use and energy consumption.

One of the largest paper and wood industry groups in the Baltic States, Grigeo Group AB, is embarking on a record-breaking investment program of more than €106 million in the expansion of its tissue paper business. This is the largest expansion project in the Group's history, doubling tissue production to 140,000 metric tons per year and strengthening Grigeo Group's position as one of the region's leaders. 

Modern Karton has successfully produced the first reel of paper at its Zonguldak mill in northern Turkey, the company announced on LinkedIn.

Valmet has received its first order from Papertech Industries Co., Ltd. for a comprehensive automation package to improve production quality and operational efficiency at their production site in Bangladesh.

Nefab Group, through its subsidiary Nefab Denmark, has acquired FARUSA Emballage, a Nordic company specializing in heavy-duty corrugated solutions. This acquisition strengthens Nefab’s position both globally and locally while underscoring its dedication to reducing resource use in supply chains.

Metsä Board, a leading European producer of premium fresh fibre paperboards, will begin the installation phase of a major board machine modernisation at its Simpele mill this September as part of a €60 million investment programme. The investment will elevate the quality of the flagship folding boxboard grade MetsäBoard Classic FBB and accelerate the mill’s transition toward fossil-free production.

The global leader in bulk material flow accessories is introducing a redesigned railcar opener that improves ease of use and reduces potential hazards for workers. The two-wheeled Martin® Gen 4 Railcar Opener from Martin Engineering delivers strong, controlled non-impacting power to open and close even the most difficult railcar gates. It features simple maneuverability and lateral turning wheels for moving capstans, outrigger support, and height adjustment.

The new 6-packhandle packaging solution is designed to create a memorable experience and enhance the purchasing and ‘unboxing’ experience of the brewery’s customers. The unpacking process is designed to be simple, and the corrugated cardboard solution has a clever folding system for the creation of six individual beer compartments. As a part of its fun factor, the brewery has placed a range of mathematical puzzles inside the packaging for customers to explore and as a part of the brand’s sociable ethos.

ABB continues to help companies increase motor efficiency by as much as 20% by expanding the ABB Baldor-Reliance® SP4 motor™ line.

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