Monthly Archives: December 2016
Valmet to supply key technology to Sun Paper’s new dissolving pulp mill in Laos
(Helsinki, Dec. 19, 2016) Valmet will deliver key technology for a new green field dissolving pulp mill to Sun Paper’s new investment in Laos.
The mill site, Muang Phin, is located in the southern province of Savanakhet. The target is to start pulp production during the 2Q 2018. The value of the order is around Euro 20 million.
Valmet delivery to Sun Paper’s new 250 kt/year dissolving pulp mill in Laos includes key technology for various process areas.
Valmet’s scope of supply Read More...
SCA to acquire medical solutions major BSN medical for EUR 2.74 billion
(Stockholm, Sweden, Dec. 20, 2016) Tissue and personal care products manufacturer SCA has entered into an agreement to acquire BSN medical, a leading medical solutions company, from the private equity group EQT. BSN medical develops, manufactures, markets and sells products within wound care, compression therapy and orthopaedics.
The purchase price amounts to EUR 2,740 million* on a debt- and cash-free basis. The completion of the transaction is subject to customary regulatory approvals. Closing is expected to take place during the Read More...
Poland’s Abek launches tissue paper plant
(Poland, Dec. 20, 2016) Polish tissue paper maker Abek sp. z o.o. has launched a new production facility in Drawsko Pomor-skie, in Poland’s Western Pomerania region.
The investment is worth more than PLN 14.2 million (€3.2 million), of which close to PLN 6.4 million (€1.4 million) was provided by the European Union, according to the information obtained by local news site Dsi.net.pl. Abek’s allocation from the EU covered more than 45% of the investment.
Abek is located in Mierzyn, in the Read More...
PCMC to Supply Tissue Converting and Packaging Line to Bedford Paper
(USA, Dec. 15, 2016) Paper Converting Machine Company (PCMC) recently announced that it will supply a full tissue converting and packaging line to Bedford Paper’s facility in De Pere, Wisconsin (USA).
According to PCMC, the project will provide Bedford Paper with a complete tissue converting line for retail and away-from-home small bath tissue and towels. The line will feature PCMC’s Forte Ultra high-speed rewinder and XF wrapper, along with the two newest members of the PCMC’s equipment lineup, the Omnia Read More...
New-Indy to Acquire Container Service Corporation in Georgia
(USA, Dec. 20, 2016) New-Indy JV Corp. has entered into an agreement to acquire Container Service Corporation (CSC), a corrugated box plant headquartered in Ringgold, Georgia.
Terms of the deal were not disclosed.
New-Indy issued the following statement, “The acquisition of Container Service Corporation expands New-Indy’s footprint in the corrugated box manufacturing and distribution industry with an operation that is extremely well equipped and in a strategic location that allows them to support customers in more than 14 states.”
New-Indy is a Read More...
Papyrus acquires Inapa Switzerland, and completes the sale of its French business
(France, 20 December, 2016) Papyrus AB has signed and completed an acquisition of Inapa Schweiz AG, comprising Inapa’s entire business in Switzerland, from Inapa Group. In 2015, Inapa Schweiz AG had revenues of approximately Euro 52 million.
“Papyrus already has a successful business in Switzerland today. We are now delighted to welcome the customers and employees of Inapa Schweiz to Papyrus, where they will join a highly experienced team under the leadership of Peter Meier. We look forward to building Read More...
U.S. Containerboard Production in November Up 3.8 Percent
(Washington DC, USA, Dec. 20, 2016) The American Forest & Paper Association released its November 2016 U.S. Containerboard Statistics Report which said containerboard production was 3.8 percent higher compared to November 2015. The month-over-month average daily production compared to October 2016 was 3 percent higher.
The containerboard operating rate for November increased to 96.4 percent, while the year-to-date operating rate was 0.5 percent lower compared to year-to-date 2015. (Source: press release)
Read More...
Total U.S. Boxboard Production Increased 1.2 Percent in November 2016
(Washington DC, USA, Dec. 20, 2016) The American Forest & Paper Association has released its November 2016 U.S. Paperboard Report. Total boxboard production increased 1.2 percent when compared to November 2015 and increased 1.7 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 increased when compared to November 2015 and increased compared to last month.
The production of Recycled Boxboard was flat Read More...
Australian packaging solutions firm Orora to acquire The Register Print Group
(Hawthron, Vic., Australia, Dec. 16, 2016) Orora Limited has signed a definitive agreement to acquire The Register Print Group for $44 million (approximately A$59 million). The acquisition represents a multiple of 5.8 times last 12 months EBITDA. In addition, Orora has agreed to reimburse the vendors for recent growth capital investments totalling $3 million. The transaction is expected to complete in January 2017.
Register is a full-service provider of point of purchase (POP) retail display solutions to blue-chip retailers and Read More...
New chairman to Nordic Paper AB
(Stockholm, Dec. 20, 2016) As from January 1st 2017 Mr Jan Runo resigns as chairman of Nordic Paper AB. He says that, whilst it has been an honour being on the Board of Nordic Paper, he now sets his sights on new challenges.
Mr. Arne Wallin shall take up the position as the new chairman of Nordic Paper AB. Mr. Wallin, who has sound experience of both the Swedish and international paper industry, was once M.D. of Holmen Energi and Read More...
Mondi Presents Voith Paper Fabric & Roll Systems with Machine Clothing Supplier Award
(London, Dec. 20, 2016) Voith Paper Fabric & Roll Systems has won Mondi’s Machine Clothing Supplier Award in a competitive process overseen by Beatrix Praeceptor, Procurement Director Mondi Europe & International, and Peter Putz, Operational Director Packaging Paper, Europe & International.
From left to right: Thomas Rost [Head of Operational Improvement], Peter Putz [Operational Director Packaging Paper], Martin Serr [Director Key Account EMEA], Beatrix Praeceptor [Procurement Director, Europe & International], Thomas Jäger [Senior Vice President Sales EMEA], Thomas Treml [Sales Read More...
Valmet to Perform Capacity Increase Project for Matías Gomá Tomás’ Board Mill
(La Riba, Catalonia, Spain, Dec. 14, 2016) Valmet has received an order for a board machine capacity increase upgrade and a three year paper machine clothing agreement from Matías Gomá Tomás S.A.'s board mill in La Riba, Catalonia, Spain.
The delivery of the capacity increase project is scheduled to take place by the end of 2016 and the start-up to be in the end of February 2017.
Valmet said that the value of an upgrade of this scope is usually valued Read More...
Japan Business Federation admits APP Japan as member
(Tokyo, December 14, 2016) Asia Pulp and Paper recently announced that earlier this year, the Japan Business Federation, also known as Keidanren, accepted APP Japan as its first member from Indonesia. APP Japan currently commands a 25% market share and is fourth on the list of producers of household paper products, such as tissue, and has annual sales exceeding US$800 million.
To read complete report Go To: Pressreader.com (Source: The Jakarta Post)
Read More...
Link: Higher prices poised to take hold on Britain’s woodfree paper
(Gernsbach, Germany, Dec. 13, 2016) Manufacturers are pushing for price hikes for printing and writing paper in order to compensate for result losses related to weak Pound sterling. ...
There is growing evidence that more or less sizeable price increases will materialise on the woodfree uncoated paper market as a result of paper manufacturers’ efforts to offset their currency-related losses on all British printing and writing paper markets. However, manufacturers will not manage to achieve the full 10% hike that Read More...
Ontex opens new tissue plant in Dourges, France
(France, Dec. 12, 2016) Ontex Group officially opened its new production site in Dourges, France. The project involves an investment of Euro 45 million.
The brand new factory is equipped with the latest production technologies as well as the existing equipment used in the Arras and Wasquehal factories. The 330 workers employed at both existing factories will also move to Dourges. In all the site has nine production lines with the most advanced machines and techniques. Ontex Dourges will produce Read More...