Month: November 2018
Germany: Producer prices for wood products in October
While the upward trend so far sustained for German producer prices for commercial wood products is still intact compared with the previous year, this no longer applies compared to the previous month. From September to October, the vast majority of productshave yielded or stagnated. Only five out of 26 values have risen….
Mayr-Melnhof Group’s profit rose by 11.6 % in the first nine months
The Mayr-Melnhof Group was able to carry on the improved profitability level of the earlier part of the year with a good third quarter and hence to conclude after three quarters above the previous year. Both divisions reported ongoing high capacity utilization despite increasingly slowing market dynamics. In the first…
Mayr-Melnhof Group to acquire Austrian TANN Group
Mayr-Melnhof Packaging has come to an agreement with the owners of TANN Group on the 100% acquisition of the group headquartered in Traun, Austria. TANN Group prints on and finishes externally sourced fine paper to produce tipping paper (cigarette filter paper) and is the global market leader in this area….