Board Converting News, July 29, 2024

People & Places

Korozo Group Alexander Hauberg has been appinted Sales Manager

for food flexibles in the DACH region — Germany, Austria and Switzerland — for flexible packaging manufacturer Korozo Group. Hauberg’s career commenced more than three decades ago at chemical company Wolff Walsrode. Following the acquisition of the Ger- man company’s packaging activities by

Alexander Hauberg

Finland’s Wipak in 2001, so began a 22-year-career work- ing in several roles across that business. These positions spanned product and sales management, site manage- ment, marketing, and senior management positions at re- gional and central levels. Eco Flexibles UK-based recyclable flexible packaging specialist, Eco Flexibles, has appointed Amy Gray as Key Account Manager.

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Gray spent the past six years in the flexible packaging industry, with roles ranging from National Account Manager to Customer Service Team Leader. In her role as Key Account Manag-

Amy Gray

er, Gray will be responsible for nurturing and maintaining strong relationships with customers, overseeing the jour- ney from initial meeting to final product delivery. Stora Enso Secures Loan From EIB For Packaging Site Upgrade Stora Enso, a renewable packaging products company, has secured a $473.25 million loan agreement with the European Investment Bank (EIB) to support greener pack- aging production at its site. Financing The Future The company will use the funds to bolster its expansion into ever-more renewable, fibre-based consumer packag- ing boards. Part of the loan will help finance Stora Enso’s €1bn in- vestment in its Oulu mill in Finland. Set to commence op- erations in the first half of 2025, the mill is set to house a converted consumer board production line. The new, long-term bilateral loan agreement features an amortizing structure, with the final repayment sched- uled for 2036.

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July 29, 2024

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