Yearly Archives: 2016
FajarPaper net sales increased by 25 per cent; produces lightweight packaging paper in Indonesia
(Djakarta, Indonesia, Nov. 22, 2016) Capitalising on the success from its new line of lightweight packaging papers, FajarPaper announced a 25% increase in net sales to Rp 4,549 billion ($339 million) and net income of Rp 687 billion ($51 million) for the first nine months of 2016.
Achieving an EBITDA of Rp 950 billion ($70.7 million) and a net income of Rp 687 billion ($51 million) in the first nine months of 2016 is a significant turnaround from 2015, and Read More...
Resolute 3Q sales down 2 per cent from year ago to $888 million
(Montreal, Canada, Nov. 21, 2016) Resolute Forest Products Inc. reported net income for the quarter ended September 30, 2016, of $14 million, compared to a GAAP net loss of $6 million in the same period in 2015.
Sales were $888 million in the 3Q 2016, down $17 million, or 2%, from the 3Q 2015. Excluding special items, the company reported net income of $19 million, compared to net income of $14 million in the 3Q 2015.
The company recorded operating income Read More...
First Quality Tissue Announces Plans to Install Two New Tissue Machines
(USA, Nov. 21, 2016) First Quality Tissue today announced that it will install two new two new tissue machines -- one in the company’s Anderson, South Carolina facility and the other in First Quality’s Lock Haven, Pennsylvania facility.
Details of the machines’ production capacities were not disclosed.
According to First Quality, the machine to be installed in Anderson is expected to begin production during the second half of 2018, while the machine to be installed in Lock Haven is slated for Read More...
Neucel in Talks with Union to Restart Port Alice Dissolving Pulp Mill
(Canada, Nov. 22, 2016) Neucel reportedly would like to restart its Specialty Cellulose pulp mill in Port Alice, British Columbia, Canada, and on Nov. 14 met with Unifor Local 514 to talk about ways to cut fixed costs.
“We need to reduce our fixed costs, and wages are a large part of fixed costs,” said Neucel’s Vice President of Human Resources Warren Beatty, who added that in order for the company to restart pulp production, they need to change “the Read More...
Dow backs recycling of paper release liner waste
(Brussels, Belgium, November 14, 2016) Dow Chemical subsidiary Dow Corning has entered a partnership with RecuLiner -- a Belgian company responsible for developing a recycling technology for converting paper release liner waste from self-adhesive labels into a range of end products such as insulation material.
Release liners serve as a carrier for labels to transfer the label to the final product - and because silicone layers are present on release liners, they become part of the waste stream.
Kris Verschueren, global Read More...
Schur Flexibles takes majority holding in Drukkerij Zwart
(The Netherlands, Nov. 21, 2016) The Schur Flexibles Group acquires a majority holding in the Dutch company Drukkerij Zwart B.V. The takeover of the majority of the shares, which was agreed on 4 November 2016, is subject to the approval of the cartel authorities.
Schur Flexibles produces and distributes high quality flexible packaging solutions for the food, tobacco and pharmaceutical industries.
With the acquisition of Zwart, one of the leading Dutch companies in the flexible packaging sector, the Group has supplemented Read More...
Tetra Pak identifies food & beverage opportunities in senior market
(Sweden, Nov. 21, 2016) Tetra Pak has released a consumer study to highlight opportunities in the food and beverage market for seniors, those aged 60 and over, the fastest growing consumer group in the world.
Libby Costin, VP Global Marketing at Tetra Pak said: “Seniors spend 20% of their income on food and beverages. They have more disposable income than previous generations, and are poised to become one of the most important consumer groups over the next decade with a Read More...
Link: Kruger Products’ bold environmental vision translates into bottom-line results
(Canada, Nov. 21, 2016) A bold vision, a solid commitment and profound action: that is the best way to describe tissue manufacturer Kruger Products’ landmark five-year Sustainability 2015 program, which has guided the firm’s journey to reduce its environmental footprint since 2010. The company produces well-known brands such as Cashmere and Scotties.
“We are the market leader, and with that comes the responsibility to lead in terms of sustainability,” explains Mario Gosselin, Kruger Products CEO. “Sustainability 2015 was definitely a Read More...
Gomà-Camps orders new paper machine
(Heidenheim, Germany, Nov. 18, 2016) Gomà-Camps Consumer, SLU, company owned by Gomà-Camps Group and located in Ejea de los Caballeros (Spain), has signed the purchase of a new high quality Paper Machine with German Tissue Paper Machine Manufacturer, Voith.
The new Paper Machine, PM7, with a trim width of 2.800mm and a design speed of 2.000 m/min will have a production capacity of 34.000 tpy. Gomà-Camps Group has yet received all permits for its Euro 30 million euros investment.
Construction works Read More...
U.S. containerboard production increased in October 2016
(Washington DC, USA, Nov. 17, 2016) The American Forest & Paper Association released its October 2016 U.S. Containerboard Statistics Report, which said containerboard production was 1.3 percent higher compared to October 2015. The month-over-month average daily production compared to September 2016 was 2.1 percent lower.
The containerboard operating rate for October decreased to 95.5 percent, while the year-to-date operating rate of 95 percent was 0.9 percent lower compared to year-to-date 2015. (Source: AF&PA)
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Total U.S. boxboard production decreased 2.0 percent in October
(Washington DC, USA, Nov. 18, 2016) The American Forest & Paper Association has released its October 2016 U.S. Paperboard Report, which said total boxboard production decreased 2.0 percent when compared to October 2015 but increased 2.7 percent from last month.
Unbleached Kraft Boxboard production decreased over the same month as last year and decreased compared to last month.
Total Solid Bleached Boxboard & Liner production decreased when compared to October 2015 but increased compared to last month.
The production of Recycled Boxboard Read More...
Fibria invests CAD 5.3 million for minority interest in CelluForce
(Sao Paulo, Brazil, Nov. 18, 2016) Brazilian market pulp producer Fibria Celulose S.A. announced that it has acquired a minority equity interest (8.3%) in CelluForce Inc. for CAD 5.3 million. Privately-owned CelluForce produces cellulose nanocrystals (“CNC”) on a commercial scale.
The deal includes a strategic alliance agreement under which Fibria has the right of exclusive supply in South America of CNC produced under CelluForce’s technology. In addition, Fibria will be entitled to appoint one member for CelluForce’s Board of Directors.
CNC, Read More...
Link: Indonesia-based RAPP eyes bigger market share with 30% production hike in 2017
(Pangkalan Kerinci, Riau, Indonesia, November 17, 2016) Indonesia’s second-largest pulp and paper firm PT Riau Andalan Pulp and Paper (RAPP) has completed its third paper mill and set its operational debut for next year to increase production and expand its exports to the international market.
The Rp 4 trillion (US$300.7 million) new mill will increase its paper production capacity by 250,000 tons, or 30 percent, to 1.1 billion tons per annum.
Today, the company’s two paper mills in Pangkalan Kerinci, Riau, Read More...
Link: EU slaps provisional AD duties on lightweight thermal paper from South Korea
(Gernsbach, Germany, Nov. 18, 2016) The continuous increase in South Korean imports at undercutting prices had a clear negative impact on the EU industry, resulting in market price depression and causing market share losses for EU producers, says the EC.
The European Commission (EC) has decided to institute provisional anti-dumping (AD) duties on imports of lightweight thermal paper (LWTP) from the Republic of South Korea.…
The duty on LWTP imports by Hansol Paper, Hansol Artone Paper and all other South Korean Read More...
Link: Paper and Packaging Prices on the Rise
(China, Nov. 18, 2016) Since early November, many Chinese carton factories began to reject new orders or restrict orders. The situation has been ongoing till now, with factories in Jiangsu, Zhejiang and Shanghai areas responded the most. As many as 18 local large and medium-sized carton factories issued emergent notices of the rise in price on the single day of November 12. Paper suddenly became in short supply.
To read complete report Go To: http://www.ledinside.com/news/2016/11/breaking_paper_and_packaging_prices_on_the_rise (Source: LEDinside.com)
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