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The move is expected to double Duni's food packaging revenue in the Finnish market.
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The multiyear initiative aims to improve the infrastructure of the Arkansas Kraft facility.
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The technology enables the recycling of plastic to be more energy-efficient and cost-effective.
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Clear plastic film is a common sight in shops and homes, wrapping food, protecting goods, and keeping products clean and visible.
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The series comes in five sizes, with options for two or three compartments.
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The company reported net sales of $1.38bn for the quarter, up from $1.37bn in the same period last year.
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The revised structure will see Valmet reporting under two primary business segments.
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ProPak China 2025, Asia’s leading processing and packaging event, runs from 24 to 26 June at Shanghai’s National Exhibition and Convention Center.
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