Monthly Archives: August 2017
Voith to supply The Navigator Company with new tissue machine in Portugal
(Heidenheim, Germany, August 7, 2017) Voith said that it will supply The Navigator Company with a new XcelLine tissue machine for the production of high-quality tissue paper. The new production line will be integrated into The Navigator Company's existing pulp mill complex located in the town of Cacia, in the Aveiro district, Portugal. The pulp mill currently produces 320,000 tons per year of bleached eucalyptus pulp.
The scope of supply includes the latest Voith technologies to minimize energy consumption and Read More...
Cascades to Build New Corrugated Packaging Plant In New Jersey
(USA, August 3, 2017) Cascades Inc. today announced an investment of US$80 million for the construction of a new 400,000 sq. ft. containerboard packaging plant in Piscataway, New Jersey (USA).
According to Cascades, the new plant will manufacture corrugated packaging products and create 120 jobs. Once all equipment is installed, total annual production capacity will be 2.4 billion square feet. Ultimately, this represents an increase in the integration rate of approximately 5%.
“The investment announced today, which is already included in Read More...
Orchids Paper Products Company Reports 2017 Second Quarter Results
(USA, August 7, 2017) Orchids Paper Products Company (NYSE American: TIS) today reported results for the quarter ended June 30, 2017.
Jeff Schoen, President and Chief Executive Officer, stated, "As expected, the second quarter was not a good one, financially speaking. Sales volumes continued at relatively low historical levels through May, and then in June the previously announced new business with its resultant revenues kicked-in. The June sales volume equates to an ongoing annualized rate in the $180 million to Read More...