Market Share of Liquid Paperboard Industry
The market for liquid paperboard is dominated by key players such as Stora Enso, ITC, Graphic Packaging, WestRock, and Golden Paper Group. Major players are driving this consolidation through strategic mergers and acquisitions, enhancing their market share and expanding their global reach to meet the rising demand for sustainable packaging.
June 2023: Stora Enso and Tetra Pak started a new recycling line for post-consumer beverage cartons at Stora Enso‘s Ostrołęka corrugated packaging plant in Poland. According to the companies, the newly added capacity intends to make the site one of Europe’s main recycling hubs for liquid paperboard packaging. Stora Enso reported that the new line has a capacity of 50,000 tonnes a year. It handles only beverage cartons, separating the fibers from polymers and aluminum. The fibers are then recycled and reused for board production. Czech companies Plastigram Industries and Tetra Pak are industrializing a solution to recycle the non-fiber "PolyAl" fraction into new products.
March 2023: Asia Symbol Jiangsu Co. Ltd selected Tietoevry’s Manufacturing Execution System (MES) to execute business transformation and increase operational efficiency in their Rugao mill’s carton board line. The latest information technologies, digitalization, and automation of key business processes enable production and operations management improvements.
Liquid Paperboard Market Leaders
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Stora Enso Oyj
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Graphic Packaging International
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WestRock Company
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ITC Limited
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Golden Paper Company
*Disclaimer: Major Players sorted in no particular order
