Brief: Pactiv Evergreen To Exit Coated Groundwood Paper Business Following Years Of Market Decline

Pactiv Evergreen

28/07/2021 17:37

July 28 (Reuters) - Pactiv Evergreen Inc  PTVE.O :
    * PACTIV EVERGREEN TO EXIT COATED GROUNDWOOD PAPER BUSINESS
FOLLOWING YEARS OF MARKET DECLINE
    * PACTIV EVERGREEN INC - WILL PERMANENTLY CEASE PRODUCTION
OF
COATED GROUNDWOOD PAPER AT ITS PINE BLUFF, AR LOCATION BY
OCTOBER 31, 2021
    * PACTIV EVERGREEN INC - WILL EXIT COATED GROUNDWOOD PAPER
BUSINESS IN Q4-2021
    * PACTIV EVERGREEN INC - WILL CONTINUE TO INVEST IN PINE
BLUFF
MILL, WHICH WILL REMAIN AN ESSENTIAL FACILITY IN PACTIV
EVERGREEN OPERATIONS NETWORK

Source text for Eikon:  urn:newsml:reuters.com:*:nGNX3plQkm
Further company coverage:  PTVE.O 

 ((Reuters.Briefs@thomsonreuters.com;))