Yearly Archives: 2017
International Paper Reports Third Quarter 2017 Earnings
(USA, Oct. 25, 2017) International Paper (NYSE: IP) today reported third quarter 2017 net earnings attributable to International Paper of $395 million or $0.95 per share compared with net earnings of $80 million or $0.19 per share for the second quarter of 2017 and net earnings of $312 million or $0.75 per share in the third quarter of 2016. Net earnings in all periods include the impact of special items, if any, non-operating pension expense and discontinued operations.
Adjusted operating Read More...
Green Bay Packaging Announces Plans for the Construction of a New Containerboard Machine
(USA, Dec. 1, 2017) Green Bay Packaging (GBP) announced that it is in the first phase of evaluating construction of a new, recycled containerboard machine at its containerboard mill in Green Bay, Wisconsin.
According to the company, the new machine would have a trim width of 220 inches and replace an existing machine with a trim width of 164 inches that was built in 1950.
GBP anticipates the new machine to be operational in 2020. The investment would increase GBP’s recycled Read More...
Stora Enso to Invest EUR 94 Million at Its Enocell and Imatra Pulp Operations
(Helsinki, Oct. 25, 2017) Stora Enso today announced that it will invest EUR 94 million to grow in renewable materials and to increase competitiveness in consumer board and biomaterials. EUR 52 million will be invested to increase the dissolving pulp production capacity at Enocell Mill and EUR 42 million to enhance the availability of the chemi-thermomechanical pulp (CTMP) at Imatra Mills. Both mills are located in Finland.
“We continue to drive our transformation to a renewable materials growth company. While Read More...
Södra Invests in More Forestry Drones
(Sweden, Nov. 27, 2017) Södra is now investing in more forestry drones. This digital technology speeds up the work of field staff at the same time as it makes it more comprehensive and safer.
“We have identified numerous applications where drones can enhance the efficiency of forestry work, not least when making inventories of storm-damaged forests. By purchasing equipment and investing in raising skills, we are taking another step towards the development of tomorrow’s digital forestry operations,” said Johan Malmqvist, Read More...
Fortress Paper Restarts Production at Its Dissolving Pulp Mill in Quebec
(Canada, Oct. 10, 2017) Fortress Paper Ltd. said that its Fortress Specialty Cellulose Mill (the “FSC Mill”) in Thurso, Quebec, was restarted on October 6 after work crews made the necessary repairs to a burst in a pressurized auxiliary gas collection system relating to one of the mill’s recovery boilers on September 21. The equipment failure resulted in the shutdown of the mill and its production of dissolving pulp.
“We wish to thank our team at the FSC Mill for Read More...
Neenah Paper to Acquire Netherlands-based Coldenhove for $45 Million
(USA, Oct. 11, 2017) Neenah Paper, Inc. today announced it had signed a definitive agreement to purchase all of the outstanding equity of W.A. Sanders Coldenhove Holding B.V. (“Coldenhove”). Coldenhove is a specialty materials manufacturer based in the Netherlands, with a leading position in digital transfer media and other technical products.
The company’s trade name is Coldenhove Papier.
Coldenhove has annual sales of over $45 million with EBITDA of approximately $6 million. The company’s advanced media is a critical component used Read More...
Pasaban to supply two new paper sheeters for Naini Group in India
(Tolosa, Spain, October 12, 2017) Naini Group has chosen Pasaban sheeters for its Naini Papers and Naini Tissues mills in India.
Naini Group belongs to the medium-size pulp and paper manufacturing sector. Four years ago it hired Pasaban to design and manufacture a paper sheeting equipment.
To the 8 unwind stand KB 2400 sheeter, another KB 1900 was added. Including an automatic pallet change at maximum speed and a 6 unwind stand Compact CX145sheeter with low speed pallet change without sheet Read More...
Mitsubishi HiTec Paper to Hike Price for Thermal and Carbonless Papers
(Germany, Oct. 9, 2017) Mitsubishi HiTec Paper said that it will be increasing prices for the entire line of THERMOSCRIPT thermal paper as well as GIROFORM carbonless paper on January 1, 2018.
In a press release, the company said, “The level of increase will vary depending on region and application. This is due to the further increased raw material and logistics costs.”
Mitsubishi said customers will be contacted directly by the company’s sales team.
Mitsubishi HiTec Paper Europe GmbH produces high-quality direct Read More...
West Linn Paper Company to Increase Prices For its Coated Products
(USA, Oct. 10, 2017) West Linn Paper Company announced that it will be increasing prices of its coated products by 4 - 7% on all surfaces of the following products:
Capistrano
Sonoma
Nature Plus
Nature
The price increase, effective with shipments of November 1, 2017, applies to all basis weights and finishes plus all related private label grades and associated brand extensions.
West Linn Paper Company is an independent manufacturer of C2S and C1S coated free-sheet, inkjet, and specialty packaging web papers. To learn more Read More...
Valmet to Supply Grade Conversion Rebuild For PM8 at Sappi Lanaken Mill in Belgium
(Helsinki, Oct. 10, 2017) Valmet said that it will supply an extensive grade conversion rebuild with a wide scope of automation for Sappi Lanaken Mill in Belgium. The mill’s paper machine 8 (PM8), which is currently producing lightweight coated (LWC) paper grades, will be rebuilt to also produce lightweight and high-quality woodfree coated paper grades that the mill will gradually start producing.
The start-up of the rebuilt machine is scheduled for 2019. The project is an EPC delivery (engineering, procurement Read More...
delfort to Invest EUR 150 Million in New Paper Machine for OP papírna Mill in Czech Republic
(Olšany, Czech Republic, Oct. 10, 2017) delfort recently announced that it will invest over 150 million euros to install a new paper machine at its paper mill, OP papírna, in Olšany, Czech Republic.
According to delfort, the new machine will produce “thin printing papers” — uncoated and surface treated wood free paper specialties.
“This significant investment is targeted to increase the overall capacity of delfort and to support delfort’s loyal customers in their growth with thin, lightweight and functional paper solutions,” Read More...
Glatfelter Announces a New Line of Opaque Uncoated Printing Papers
(USA, Oct. 9, 2017) Glatfelter today announced the introduction of Adena Opaque 96, a new brighter and whiter shade of paper, providing an additional cost-effective option to its growing line of opaque papers, further enhancing the ability for customers to bundle products and streamline their supply chain.
“Glatfelter offers one of the broadest uncoated paper portfolios and has been the industry’s trusted source for book publishing and uncoated printing papers for more than 150 years,” said David Dickerhoof, Vice President Read More...
Why Direct Mail is More Effective than Email
(New York, USA, October 3, 2017) Research from Mohawk Paper.
10 Reasons Direct Mail is More Effective than Email
There are certain questions that are sure to spark a lively conversation. Dogs or cats? Waffles or pancakes? Coca-Cola or Pepsi?
Inside marketing circles, few questions stir as much discussion as the well-established debate over Email versus Direct Mail.
Each has their supporters with unique positions and arguing points. And certainly there is a time and place for both.
But when it comes down to Read More...
Print and Paper Packs a Punch in a Digital World
(Washington DC, USA, Oct. 3, 2017) In June 2017, a survey of over 10,700 consumers was commissioned by Two Sides and carried out by leading research company Toluna. Nationally representative surveys were undertaken in ten countries: Australia, Brazil, France, Germany, Italy, New Zealand, South Africa, Spain, the United Kingdom and the United States.
The results reveal a strong preference for print when it comes to recreational reading e.g. books, magazines, news, etc. 72% of global respondents prefer printed books, compared Read More...
BIR: Spotlight on the Indian Recovered Paper Market
(Brussels, Oct 04, 2017) The BIR Paper Division will be organising a diversified meeting at its upcoming plenary session on Monday, 16 October 2017 at 15.00 at the Taj Diplomatic Enclave, New Delhi.
Attendees will be hearing four guest presentations from industry experts on topics ranging from the Clean India Programme known as “Swachh Bharat” to an appraisal of the global recovered paper markets.
The first speaker, Mr Jogarao Bhamidipati, Director at Source Global Fiber Inc. (India) will address the question Read More...