Pulp Paper & Logistics
INDUSTRY NEWS 3
More expansion for Spanish packaging firm Hinojosa
the acquisition of French company Allard Emballages, a family-owned producer of paper and corrugated cardboard packaging, with sales of €83 million in 2019. The value of the acquisition was not revealed. With its entry into the French
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cardboard packaging market, Hinojosa is continuing the international expansion that began with the acquisition of Portuguese company Graphicsleader early in 2020. In a release, Hinojosa said
that it is seeking to improve its customers’ experience by providing them with a comprehensive packaging service, with the most sustainable and highest quality product range.
inojosa, a leading packaging manufacturer in Spain, has completed
The Allard Emballages plant at Saint-Vulbas near Lyon in France
With acquisition, this portfolio will also be available to Allard Emballages so that it can promote it on the French market: special packaging with high quality printing, packaging solutions for fresh food, or high added value cases for the cosmetic, pharmaceutical, wine and spirits sectors, among others. Founded in 1928 and based
at Brive-la-Gaillarde, Allard Emballages has four plants (three
packaging factories and a paper mill) and is well established in the French agro-food markets. The 400-strong workforce will continue to be led by the current management team. In common with Hinojosa,
Allard Emballages uses 100 per cent recycled paper for its own consumption. Both companies are committed
to sustainability and respect for the environment. In the case of
Domtar to refocus after $920m sale of Personal Care business
As part of a plan to refocus on its pulp, paper and packaging business, Domtar Corporation has agreed to sell its Personal Care business to American Industrial Partners (AIP) for US$920 million. Commenting on the agreement, John Williams, chief executive of Domtar, said: “This transaction represents a milestone in Domtar’s ongoing portfolio transformation and further advances our strategic initiatives that will position Domtar for a
sustainable and successful future. “We conducted a thorough
review of strategic alternatives for Personal Care and believe the sale maximises value to Domtar shareholders by allowing us to strengthen our balance sheet, enhance liquidity and buy back shares. “The sale is an important
component of our strategic plan and will provide us with additional capital and resources to strengthen and invest in the
future of Domtar, leading to a more focused business portfolio. We are making solid progress with the conversion of the Kingsport, Tennessee mill, and are excited about the prospects for building a large, value-added packaging business. “We expect construction to officially begin at Kingsport in the second quarter of 2021, setting the stage for the completion of North America’s premier lightweight containerboard facility,
with the ability to produce and market approximately 600,000 tons of high-quality recycled linerboard and corrugated medium, by the end of 2022.” Based in Fort Mill, South
Carolina, and with annual sales of $5.2bn, Domtar has developed plans to build containerboard into a significant source of revenue, while maintaining cash flow through its paper and pulp businesses. It has 23 sites in North America including 13 paper mills.
January/February 2021
Hinojosa, the development of the ISO 14001 in the plants is an example of this commitment. Furthermore, the company is part of the ECOVADIS international rating system, and every year they present its Corporate Responsibility Report prepared in accordance with the GRI (Global Reporting Initiative) model. Hinojosa now has 20 plants and
more than 2,300 employees. In 2019 its sales were €418 million.
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