Monthly Archives: September 2016
Capacities: Fibria’s Três Lagoas pulp mill project in Brazil 54% completed
(Aracruz, Brazil, September 23, 206) Fibria announces new productivity gains in its project to expand the Três Lagoas Unit, which has reached 54% completion. The conclusion of the Horizonte 2 Project is still slated for early in the fourth quarter of 2017.
Fibria, a Brazilian forestry company and the world’s leading eucalyptus pulp producer, announced today that it captured more productivity gains in the execution of the expansion project at its unit in Três Lagoas, Mato Grosso do Sul. Due Read More...
BEK producer Ence posted 1H 2016 earnings of €11.4 million, down 48% vs. year ago
(Spain, Sept. 23, 2016) Highlights:
--The solid cash generation capability of Ence and its adjusted EBITDA margin of 22%, allows Ence to comfortably cover the planned investments and fulfill the commitment to remunerate its shareholders, even in an environment of very low pulp prices as the current one.
--Continue to improve efficiency: the cost of production fell again in the second quarter to € 366.8/t, and is expected to continue its reduction to € 350/t in the 4th quarter.
--Strength of Read More...
Link: Japanese papermakers shedding excess capacity
(Tokyo, September 23, 2016) Japan’s paper manufacturers have started to rationalize their production facilities in earnest to rid themselves of unneeded capacity, the Nikkei Asian Review reports.
Pinched between declining demand and the threat of growing production by Chinese paper makers, large and midsize Japanese companies are joining hands to quickly jettison superfluous equipment.
For instance, Chuetsu Pulp & Paper, an equity-method affiliate of Japanese paper titan Oji Holdings, plans to stop one production line used to make white paperboard for Read More...
Link: Indian paper mills forecast to produce 20MT by 2020; paper industry invested in meeting increasing demand
(Mumbai, India, September 26, 2016) Delivering his keynote address during the 55th AGM and Conference of the Federation of Paper Traders Associations, held recently in Mumbai, JK Paper’s vice chairman and managing director Harsh Pati Singhania said that India was the fastest growing paper market globally. As per Mr Singhania, the Indian paper industry is growing at over 7 per cent and projected to grow at over 4 per cent per annum till 2030. This translated into 20 million Read More...
Link: Strong Domestic Demand in U.S. for Old Corrugated Containers Pushing Prices
(USA, September 23, 2016) Domestic demand in the U.S. for old corrugated containers (OCC) continues its strong streak, while pricing for the brown grade in July hit a nearly four-year high for a one-month price increase. …
Boston-based research firm RISI’s Aug. 5 Yellow Sheet reports pricing increases for OCC of up to $10 per ton domestically and up to $25 per ton for exports from the month prior in light of lower generation, as well as from a combination Read More...
Valmet to rebuild Metsä Tissue’s tissue machines in Raubach in Germany and Pauliström in Sweden
(Helsinki, Finland, September 21, 2016) Metsä Tissue has selected Valmet as supplier for the upgrades of tissue machine TM3 in Raubach, Germany and the tissue machine in Pauliström, Sweden.
The orders were included in Valmet’s second quarter 2016, orders received. The value of the orders will not be disclosed.
Earlier this year Metsä Tissue started up its tissue machine TM1 in Raubach, Germany after Valmet’s extensive rebuild of the wet section, where a new OptiFlo II TIS headbox and an Advantage Read More...
Total U.S. Boxboard Production Fell 2.9 Percent in August
(Washington DC, USA, Sept. 22, 2016) The American Forest & Paper Association has released its August 2016 U.S. Paperboard Report. Total boxboard production decreased 2.9 percent when compared to August 2015 but increased 0.9 percent from last month.
Unbleached Kraft Boxboard production decreased over the same month as last year but increased compared to last month.
Total Solid Bleached Boxboard & Liner production decreased when compared to August 2015 but increased compared to last month.
The production of Recycled Boxboard decreased compared Read More...
Georgia-Pacific completes $40 million expansion at its Arkansas facility
(USA, Sept. 22, 2016) The project expands the production capacity of the lumber mill by approximately 60 per cent
Georgia-Pacific completed an approximately $40 million expansion at its Gurdon, Arkansas, lumber operations. The project expands the production capacity of the lumber mill by approximately 60%.
Positioning the facility for long-term success, the expansion includes the installation of a new continuous dry kiln, a state-of-the-art planer mill, as well as related infrastructure improvements.
The company is also working to complete additional investments, totaling Read More...
Crane Currency to Build Banknote Printing Facility in Malta
(Tumba, Sweden, Sept. 21, 2016) Crane Currency today announced plans to build a new banknote printing facility and customer experience center in the country of Malta. The Malta facility will represent an investment of approximately $100 million for the construction of the factory, the machinery and the equipment.
Crane made the announcement during a visit to its offices by the Prime Minister of Malta, The Honorable Dr. Joseph Muscat.
The company expects to initially hire approximately 200 new employees.
Crane currently supports Read More...
Fila acquires St Cuthbert’s fine paper mill in UK
(Italy / UK, Sept. 23, 2016) Italy-based artistry tools company Fabbrica Italiana Lapis ed Affini S.p.A. (“FILA”) announces the full acquisition of St Cuthberts Holding Limited and its operating company (“St Cuthberts”). The economic value of the operation, in line with the price paid, was equal to GBP 5.4 million ($7.2 million).
St Cuthberts, founded in 1907, is a highly renowned English paper mill located in the south-west of the country and involved in the production of high quality artists Read More...
Glatfelter’s Pixelle High-Speed Inkjet Papers Now Qualified for Ricoh Pro VC60000 Inkjet Printer
(USA, Sept. 20, 2016) Glatfelter announces its Pixelle® line of high-speed inkjet papers is now qualified for use on the Ricoh Pro VC60000 continuous feed inkjet printer.
“The VC60000 is an impressive piece of equipment that will further position inkjet as the technology of choice in today’s marketplace. We are thrilled to add Ricoh to our growing list of original equipment manufacturers (OEMs) that have qualified Pixelle papers, including Canon, HP, Kodak, Screen and Xerox,” said Mark Comensoli, General Sales Read More...
Link: JK Paper plans to increase plantation in Myanmar
(Chennai, India, Sept. 26, 2016) JK Paper is exploring the possibility of enhancing forest plantation in Myanmar to secure its key raw material for operations in India.
Harsh Pati Singhania, Managing Director, JK Paper, said the company is looking to secure pulp requirement by enhancing plantation in Myanmar, as the wait for a dedicated policy on industrial plantation in India is getting longer.
Indian paper industry continues to struggle with lower supply. The paper industry requires 10 mt of wood annually Read More...
CMPC signs contract with Voith to supply new tissue machine
(Heidenheim, Germany, Sept. 21, 2016) CMPC has signed a contract with Voith Paper for the supply of a complete VTM 4 double-width tissue machine, which will be installed in the new production facility of its subsidiary Protisa in Cañete, Peru.
The scope of supply covers the entire machine and provides energy-efficient technologies, including equipment for the approach flow system, MasterJet T headbox, CrescentFormer, NipcoFlex T shoe press, MasterReel reeler with automatic spool change, DCS (Distributed Control System), MCS (Machine Control Read More...
Södra reports operating profit of SEK 553 million ($64.5 million) in January-August 2016
(Stockholm, Sweden, 21 Sept. 2016) Within the context of Södra’s Group strategy, investments and restructuring are now being realized to increase competitiveness and long-term profitability. The results for 2016 will be impacted, and operating profit for the first eight months of the year totalled SEK 553 million ($64.5 million).
“Operating profit is in line with expectations, due to lower prices for market pulp and sawn timber, our transition and the change programme,” said Södra’s CEO Lars Idermark.
CEO Lars Idermark
Net sales Read More...
Huhtamaki invests in its manufacturing unit in Guangzhou
(Helsinki, Sept. 19, 2016) Huhtamaki supports the profitable growth of its foodservice business in China by investing in the expansion and modernization of its manufacturing unit in Guangzhou, South China. The total investment including site expansion, improvements in plant layout and new high-speed machinery is expected to be approximately Euro 15 million.
The investment follows Huhtamaki’s earlier announced actions to improve the competitiveness of its foodservice business in China and consolidate the South China manufacturing operations.
The modernized unit will manufacture Read More...