Corenso announces the acquisition of Mandriladora Leiza S.L. in Spain
Corenso is pleased to announce the acquisition of the business and operations of Mandriladora Leiza S.L. (“Leiza”) a highly esteemed core manufacturer located in Areso in North of Spain. Leiza has a history of 35 years in the core business, serving customers with light-weight cores mainly in the flexible packaging segment. Leiza products include household tubes, tape cores, cash-roll cores and various other small diameter products. A new company, Corenso Leiza S.L., has been established for the purpose of the acquisition. Corenso Leiza will retain all the personnel and will operate from the current premises of Leiza, continuing to serve all existing customers as well as developing new ones.
Corenso announces a price increase of 6-8% for coreboard and cores in Europe
Strong demand for coreboard and cores has created positive pricing momentum in most major European markets in recent months. Despite this, we have not yet fully recovered the impact of the significant increases that occurred in raw material, freight and other input costs during the second half of 2017. Costs have continued to rise in 2018 and unfortunately, further price increases are now necessary. We expect the average level of increase will be 6-8%, although this will be determined on a product- and market-specific basis. The price increase will be effective for all shipments starting 1st of March.
Strong Safety Culture
Safety has always been and will be a top priority at Corenso. We are working hard on continuously improving our safety performance and have an excellent proven track record.
Corenso UK moves into a new plant in 2018 – Further improved quality & efficiency & volume growth
Corenso UK is delighted to announce its relocation to Hindley Green in Wigan, where a completely refurbished building offering a much improved layout awaits. The new state-of the-art factory, which is situated only a few miles from the current location, is to be fully operational by mid-summer 2018. The relocation and related investment show Corenso´s commitment towards the UK and Irish markets, where we serve our customers in the paper, board, flexible packaging and textile segments.
New greenfield core plant strengthens product & service offering in greater Shanghai and East China
Corenso is proud to announce the establishment of a new core-converting facility in Suzhou in Jiangsu province to serve and grow with its existing and new customers mainly in the rapidly expanding film and textile industries. At the new facility Corenso will produce the highest quality seamless and textile cores. The new operations take place in new, custom-made facility to enable efficient production of high quality cores.