News & Events
Voith to supply two tissue machines to Lee & Man; startup is expected to take place in September and July of 2017
(Heidenheim, Germany, August 11, 2016) Voith signed a contract in June 2016 with Lee & Man Paper Manufacturing Limited to provide it with two tissue machines in Dongguan. The move is not only a continuation of the previous successful cooperation between Lee & Man and Voith, but also a consolidation of Voith’s strong position in the global tissue machine market.
The location for the TM 11 and TM 12 is in Dongguan, China. The startup of these two tissue machines Read More...
Valmet to supply a moisturizer system to Zhejiang Dongda Paper; will enable improved board quality
(Helsinki, Finland, August 11, 2016) Valmet will supply a moisturizer system to Zhejiang Dongda Paper Co. Ltd. in Hangzhou, Zhejiang Province, China. The new solution, Valmet IQ Moisturizer, will enable the mill to improve board quality on its paper machine PM2.
The order is included in Valmet’s second quarter 2016 orders received. The delivery will take place in September 2016.
“IQ Moisturizer is very important for our PM2. Before our decision, we visited another mill where it has been installed and Read More...
Correct Paper Terminology Prevents Printing Errors
(Montreal, Canada, 08 August 2016) The mistaken use of a word in place of a similar-sounding one is known as a malapropism. Baseball legend Yogi Berra intentionally turned these phrases and other word play into humorous nonsense. For example, he once quipped, “I’m not going to buy my kids an encyclopedia. Let them walk to school like I did.”
While the intentional misuse of words can be funny, it’s not so funny when a mistake ends up costing someone money Read More...
Fortress Paper reported 2Q operating EBITDA of $6.3 million
(Montreal, Canada, August 10, 2016) Fortress Paper Ltd. reported 2Q 2016 operating EBITDA of $6.3 million, an increase of $5.2 million and $2.2 million over the previous quarter and prior year comparative period, respectively.
“Management is pleased to report another positive quarter of operating EBITDA, our best consolidated operating EBITDA result since the restart of Thurso after its conversion to a dissolving pulp mill,” stated Yvon Pelletier, CEO.
“Overall results are much improved over the prior quarter and prior year. Although Read More...
International Paper Moves Ahead with Acquisition of Weyerhaeuser’s Pulp Business
(Memphis, USA, Aug. 5, 2016) The U.S. Department of Justice has concluded its Hart-Scott-Rodino review of International Paper’s announced acquisition of Weyerhaeuser’s pulp business without taking any action. Regulatory reviews in other non-U.S. jurisdictions are ongoing.
Completion of the transaction is expected to occur in the fourth quarter of 2016.
On May 2, 2016, International Paper announced it had signed a definitive agreement with Weyerhaeuser to acquire its pulp business. Under terms of the agreement, IP will acquire five pulp mills Read More...
Report: Globally Traded Hardwood Chip Prices Fell to Record Low in May 2016, While Softwood Chip Prices Moved Up
(Seattle, USA, August 03, 2016) The general price trend for hardwood chip traded overseas have been downward since late 2011 when the FOEX price index reached a record high. The softwood chip price index has also fallen from a peak almost five years ago, but the price decline has been less dramatic.
Global trade of hardwood chips have trended upward for six years and totaled almost 24 million tons in 2015. By far, the two largest wood chip-importing markets are Read More...
For the record – Majority of consumers value paper over digital-only communications
(Montreal, Canada, July 29, 2016) A new survey, commissioned by the Two Sides organization, reveals that many American consumers (79%) want to retain the choice of receiving paper bills and statements, at no additional cost.
The survey results also indicate that the environmental acceptance for print and paper is improving, with 91% of respondents agreeing that print and paper can be a sustainable way to communicate when responsibly produced and used.
Additionally, 88% agree that when forests are responsibly managed, it Read More...
Paper advantage: how handwriting makes you smarter
(Montreal, Canada, August 03, 2016) At your next meeting, will you be scribbling in a notebook or typing on a keyboard? According to a recent Wall Street Journal article, the method you choose can affect how you retain information.
A growing body of evidence reveals that note takers as a whole fare better than their laptop-equipped peers when it comes to learning.
One study from researchers at Princeton University and the University of California at Los Angeles found that the focus Read More...
Pixels or Print? How to Make the Right Choice
(Montreal, Canada, August 01, 2016) We all know that reducing the amount of paper we use is smart for the environment. But not everything is suitable for on-screen viewing. How do you decide between pixels and print?
Truthfully, both print and digital have environmental costs to consider. Your decision to print (or not) should be based on a variety of factors. These include the purpose of the document, the time available for review, the size of the audience that needs Read More...
Kadant to produce ceramic-tip creping blades
(USA, August 08, 2016) Kadant Solutions, a division of Kadant Inc., announced the expansion of its manufacturing capacity for its new CeraEdge™ creping blade line used in tissue manufacturing. The additional production equipment, located in Auburn, Massachusetts allows for a quick turnaround time of ceramic-tipped blades compared to bringing the product in from Kadant’s European-based blade production facility and also provides increased flexibility for producing doctor blades with special characteristics for unique applications.
The new CeraEdge ceramic-tipped creping blade product Read More...
Sappi Q3 profits significantly up for 3rd quarter ended June 2016; dissolving wood pulp prices seen remaining at high levels
(Johannesburg, South Africa, August 05, 2016) Highlights for the quarter
--Profit for the period US$32 million (Q3 2015 US$4 million)
--EPS excluding special items 11 US cents (Q3 2015 2 US cents)
--EBITDA excluding special items US$160 million (Q3 2015 US$109 million)
--Net debt US$1,583 million, down US$334 million year-on-year
Commenting on the result, Sappi Chief Executive Officer Steve Binnie said:
“Sappi’s results continue to reflect the positive impact of our strategy to diversify the group’s operations. Operating performance for the quarter improved markedly over Read More...
Mondi posts increased profit for 1H 2016 ended 30 June 2016
(Johannesburg, South Africa, August 04, 2016) Underlying operating profit for the half-year ended 30 June 2016 increased 8% to €529 million compared to the first half of 2015. We saw strong contributions from Consumer Packaging, Uncoated Fine Paper and the South Africa Division, driven by volume growth, pricing benefits and forestry fair value gains, respectively. This was partially offset by Packaging Paper, which was negatively impacted by lower average selling prices, and Fibre Packaging, which saw lower sales volumes Read More...