Henkel expands coating business
Henkel plans to acquire the Dutch speciality coatings company Stahl, whose portfolio includes high-performance coatings for paper packaging and graphic applications.
Read more "
This year, the Panther Group is celebrating its 120th anniversary and is investing in the Tornesch site to mark the occasion. The Group acquired a neighbouring property with which the sales volume of the corrugated cardboard factory is to be increased to almost 300 million square metres per year.
In order to be able to fulfil the demand for e-commerce products, we have already Two further folder gluers including fully automatic packer and palletising robotics ordered. Another new production hall with an area of approx. 6,000 m² is to be built in 2023. With these investments, around 45 million euros have been invested at the Tornesch site alone in recent years in order to remain the leading corrugated cardboard company in northern Germany.
At the other locations of the Panther Group will continue to invest. In addition to the extensive investments in machinery/equipment and land, the focus is on further Reduction in energy consumption in focus. Thanks to the entire Group's state-of-the-art machinery, specific energy consumption is already very low.
However, the current energy crisis has also made it necessary to invest in security of supply. So all Group's corrugators will be able to run on saturated steam generated from gas or on light heating oil in the course of 2022. to become. The current supply and cost situation in energy supply will continue to determine the Group's market and investment behaviour in the short term. The top priority will always be to supply customers at all times.
Investment beyond locations
Training and further education at Panther remains another focus of investment. Around 5 million euros are invested in training every year. At present approx. 130 trainees working in 16 training occupations, in order to be prepared for the future in terms of quality and quantity. In addition, every employee's child/grandchild currently has a guaranteed apprenticeship. As a family business, Panther also wants to offer all employee families opportunities for the future.
Despite the currently very tense and challenging situation in Germany, however, the investments mentioned will be made first and foremost in order to continue to be a reliable, competent, agile and flexible partner of the highest calibre for the Panther Group's customers and to successfully continue the 120-year journey together with our customers.
Source: Panther Group
More news on paper, cardboard and paperboard
International Paper divides Group into two units
The company is planning to spin off its EMEA packaging business.
Read more "
JH Holding acquires stakes in Akarton and Poprawa
Both investments follow a clearly defined principle.
Read more "
Nextpack replaces polystyrene with honeycomb cardboard
Nextpack has developed a paper-based packaging solution for a manufacturer of washing machines that completely replaces polystyrene with dimensionally stable honeycomb elements.
Read more "
Perlen gets into moulded fibre packaging
The first products are currently in the test phase, according to reports.
Read more "
Tetra Pak invests in barrier technology
Tetra Pak is investing 60 million euros in its own pilot plant for the further development of paper-based barrier technology at the Lund site.
Read more "