Yearly Archives: 2016

Fortress Paper Announces Hemicellulose Separation Project at its Dissolving Pulp Mill

(Montreal, Canada, Nov 29, 2016) Fortress Paper Ltd. today announced a strategic supplement to the already announced birch usage project (the “Birch Project”) at the Fortress Specialty Cellulose Mill in Thurso, Quebec, Canada, aimed at extracting hemicellulose from underutilized species such as birch (the “ Hemicellulose Project”). The Hemicellulose Project will allow the company to advance its research and development in hemicellulose derivative products. Hemicellulose is a cellulosic sugar, which when extracted and processed, has high value-added by-product potential such Read More...

Hokuetsu Kishu collaborates with Government of Alberta to develop cellulose nanocrystals for commercial applications

(Boyle, AB, Canada, Nov. 24, 2016) Hokuetsu Kishu Paper Inc. (HKP) is preparing to increase its collaboration with InnoTech Alberta and Alberta Innovates to further the development of cellulose nanocrystals (CNC), a novel, green, nanomaterial produced through the pulping process of its subsidiary Alberta-Pacific Forest Industries Inc. (Al-Pac). Al-Pac, which is wholly owned by HKP, has been working cooperatively with Alberta Innovates since 2010 and is the industrial partner in the development of this technology in Alberta and western Canada. Read More...

Oji Holdings successfully develops new AUROVISCO celluose nano-fiber for thickner; to launch in April 2017

(Tokyo, Nov. 18, 2016) Oji Holdings Corporation (Oji) announces to succeed in a development of Celluose Nano-Fiber (CNF) for thickner and to be going to launch it named “AUROVISCO” in April, 2017. Our technology of nanofaibrullating pulp fibers is the most exclusive in the world. AUROVISCO is made from the phosphorylated CNF which has extremely high transparency, high viscosity and particle stabilizing ability. The special characteristics are below. • Small additive amount of AUROVISCO can get enough viscosity, because AUROVISCO has ten Read More...

Brazilian paper major Suzano raises capital via first issue of green bonds; financing a sustainable future

(Sao Paulo, Nov. 28, 2016) Suzano Papel e Celulose S.A. (Bovespa: SUZB5) announces to its shareholders and the general market that it has concluded the transaction to raise capital via the first issue of green bonds in Brazil's domestic market, with the placement of Agribusiness Receivables Certificates (CRA) form the 96th Series of the 1st Issue of Eco Securitizadora de Direitos Creditórios do Agronegócio S.A., in the amount of one billion reais (R$1,000,000,000.00), which are secured by Export Credit Read More...

Proposed paper bag fee in Massachusetts to cost consumers millions; task force overreaches in plan to ban plastic bags

(Boston, Nov. 28, 2016) The plastic bag ban outlined today by Boston City Councilor Matt O’Malley contains a fee on paper bags that will cost several millions of dollars to Boston consumers, further strapping working families already struggling to get by in one of America’s most expensive cities. O’Malley, a district councillor from Roslindale, chaired the Plastic Bag Ordinance Task Force and today unveiled legislation banning thin, single-use plastic bags from being used by grocery stores and other retailers. O’Malley Read More...

Neenah Paper’s 3Q net sales increased 1 per cent to $232.9 million

(Neenah, USA, Nov. 28, 2016) Neenah Paper’s 3Q 2016 consolidated net sales increased 1% to $232.9 million compared with $231.6 million in the 3Q 2015. Operating income of $26.9 million in 3Q 2016 increased 10% compared with $24.4 million in 2015. “While global economic growth remains subdued, our teams continue to serve our customers and manage costs to deliver the consistent bottom line results our shareholders have come to expect,” said John O’Donnell, CEO. “In addition, we are completing key Read More...

Fibria 3Q revenue down to R$2.3 billion ($678 million)

(Sao Paulo, Brazil, 23 November, 2016) Fibria’s 3Q 2016 revenue were R$2.3 billion ($678 million), compared to R$2,790 million ($823 million) in 3Q 2015. 3Q 2016 adjusted EBITDA totaled R$758 million ($224 million), 18% and 51% less than in 2Q 2016 and 3Q 2015, respectively. LTM adjusted EBITDA amounted to R$4,560 million ($1.3 billion). The EBITDA Margin stood at 37%, excluding pulp sales from the Klabin agreement. The Company posted 3Q 2016 net income of R$32 million ($9.4 million), versus net Read More...

Rengo announces start of new capacity at joint paper mill in Vietnam

(Vietnam, 23 November, 2016) Rengo Co., Ltd. announces the successful start of the second paper production line at Vina Kraft Paper Co., Ltd. its joint venture containerboard mill in Vietnam. Vietnam is a growing country in the ASEAN region, with 2016 GDP growth estimated at 6.1%. Demand for containerboard is expanding at the same pace. With this new capacity as well as optimization of the first paper production line, Vina Kraft Paper adds 243,500 tons per annum to its portfolio, Read More...

KaiCell Moving Ahead with Feasibility Study for Pulp Mill in Paltamo, Finland

KaiCell Moving Ahead with Feasibility Study for Pulp Mill in Paltamo, Finland (Helsinki, Nov. 25, 2016) KaiCell Fibers Ltd on Nov. 22 said that it will move ahead with a feasibility study and environmental impact assessment for the development of a biorefinery (pulp mill) in Paltamo, the Kainuu region of Finland. KaiCell noted that after an extensive study it selected the “industrially proficient” municipality of Paltamo due to rail and major roads connecting Paltamo to the Finnish west coast ports, and Read More...

Savcor upgrades Stora Enso’s Skutskär mill with new corrosion prevention system

(Sweden, Nov. 23, 2016) Stora Enso Pulp AB Skutskär strengthens the performance of digester 1 and replaces the old corrosion prevention system control unit with new one. The Digester of Stora Enso AB Skutskär Mill in Sweden has been prevented against the corrosion by the anodic protection system delivered by Savcor at 2004. The current system still operates without problems but replacement of control unit minimizes the risk of excessive and sudden corrosion in Digester in the near future. The replacement Read More...

Mayr-Melnhof sales up 5.9 per cent; the Group’s consolidated sales totaled Euro 1,713.8 million

(Vienna, Austria, Nov. 23, 2016) The Mayr-Melnhof Group was able to increase sales as well as profit in the first three quarters of 2016 compared to the reference period in an increasingly challenging economic environment lacking direction. Due to the broad geographical sales spectrum and the focus on various consumer goods industries it was possible to maintain capacity utilization at a high level in both divisions despite restrained overall conditions. The Group’s consolidated sales totaled Euro 1,713.8 million and were Read More...

Top 3 Trends Impacting the Containerboard Market in North America Through 2020

(USA, Nov. 22, 2016) Technavio’s latest report on the containerboard market in North America provides an analysis on the most important trends expected to impact the market outlook from 2016-2020. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline. Abhay Sinha, a lead analyst from Technavio, says, “The demand for paperboard packaging from industries like food and beverage, pharmaceuticals, electronics, and e-commerce is driving the Read More...

Brazil’s pulp exports up 13.5 per cent in September; China continues to lead as export destination

(Nov. 23, 2016) The balance of trade surplus of the Brazilian planted tree industry totaled $4.9 billion from January to September 2016, recording a high of 5.4% year-over-year ($4.6 billion), according to the Brazilian Tree Industry (Ibá). September 2016 year-to-date, exports values have remained stable compared year-over-year ($5.7 billion); pulp contributed positively with $4.1 billion (+1.3%), wood panels with $177 million (+24.6%) and paper with $1.4 million (-6.4%). Exported volumes September 2016 year-to-date were higher compared with the same period in Read More...

North American Wood Fiber Prices Continued Downward Trend thru 3Q 2016

(Seattle, USA, Nov. 22, 2016) Prices for wood fiber consumed by the pulp industry in North America have fallen over the past year in all regions of the continent with the exception of the US South, reports the North American Wood Fiber Review (NAWFR). The biggest declines have been in the northwestern and northeastern US where prices have fallen between 10-15% from the 3Q/15 to the 3Q/16. In the US Northwest, where a majority of the fiber furnish is sawmills Read More...

DS Smith officially opens new display and consumer packaging plant in Germany

(London, UK, Nov. 21, 2016) DS Smith on Nov. 17 officially opened its newly-built display and consumer packaging plant in Erlensee, Germany. The plant is part of the company’s investment program that is designed to help it double in size. Construction of the new facility began in August 2015 and was completed in September this year. DS Smith has invested approximately 50 million Euros in the project -- developing the new plant and equipping it with the latest printing and finishing Read More...
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