Yearly Archives: 2016
Global producers stock August 2016
(Stockholm. Sweden, September 22, 2016) Calculated as seasonally adjusted the stocks fell by 1 day of supply, with softwood as well as hardwood slightly down. Total global shipments improved by 5% in August and accumulated during the first eight months of the year, deliveries are up 4%. Shipment-to-capacity rate reached above average in August. (Source: Sodra / EPIS, Sweden) Read More...
Packaging Corp. of America to Acquire Columbus Container for $100 Million
(USA, Oct. 12, 2016) Packaging Corp. of America ("PCA") today announced that it has entered into a definitive agreement to acquire substantially all of the assets of Columbus Container, Inc., an independent corrugated products producer, in a cash-free, debt-free transaction for a cash purchase price of $100 million.
Under the terms of the agreement, PCA will acquire a full-line corrugated products facility located in Columbus, Indiana, five warehousing facilities and other related operations located in Indiana and Illinois.
The transaction is Read More...
Valmet to supply two Advantage NTT tissue production lines to Sofidel’s Greenfield mill in Ohio
(Helsinki, Finland, Oct. 13, 2016) Valmet announced that it will deliver two Advantage NTT tissue lines including stock preparation equipment and automation systems to Sofidel America's greenfield tissue paper mill and converting plant in Circleville, Ohio (USA).
The value of the order was not disclosed.
“The Advantage NTT technology fits very well in our expansion plans for North America. We have a strong focus on the most innovative and high performance technologies and see this as an investment for the future Read More...
Lenzing invests EUR 100 mn in dissolving pulp production
(Lenzing/Vienna, October 11, 2016) The Lenzing Group will expand and modernize its existing dissolving wood pulp production at the sites in Lenzing/Austria and Paskov/Czech Republic.
At a press meeting in Vienna today, Lenzing CEO Stefan Doboczky announced a total investment program of EUR 100 mn, approximately EUR 60 mn of it in Lenzing and almost EUR 40 mn in Paskov. Additional new capacities of around 35,000 tons will be added over the next 2.5 years.
“With these investments, we are taking Read More...
The Power of Direct-Mail Advertising
(USA, October 11, 2016) On a typical weekday, many people come home from work, kick off their shoes, kiss their children and read their mail. They may check to see what's on sale at the grocery store, clip a few coupons or set aside the postcard for the art show they want to attend.
Sound familiar? The act of reading the mail is an integral part of modern life. For all the many ways we could choose to reach each Read More...
Prinzhorn Group plans to invest in new paper machine; capacity 493,000 t/a containerboard
(Germany, Oct. 14, 2016) Hamburger Rieger GmbH, part of the Austrian Prinzhorn Group, has applied for a new permission to set up a second paper machine at its Spremberg location in Germany. The already granted permission runs out in January 2017.
The newly designed paper machine will have state-of-the-art technology, a width of 7,90m and an annual production capacity of 493,000 tons containerboard. The Euro 370 million investment will create 200 new jobs.
Hamburger Rieger GmbH, with its three German paper Read More...
Idempapers to Hike Price for Carbonless Sheets
(Brussels, Belgium, Oct. 13, 2016) Belgium-based specialty papermaker Idempapers SA said that it will increase the price for its carbonless products in sheets up to 5%, effective with deliveries November 14.
In a press release, the company said, “Despite the price increases already implemented during the past months, the volatile UK currency has impacted our margins and we are forced to implement a further price correction. The today Pound/Euro Exchange Rate is more than 20% lower than it used be Read More...
How does a packaging giant embrace zero waste?
(Dublin, Ireland, October 11, 2016) There aren't many global businesses which can justifiably claim their operations produce no waste whatsoever - i.e. that all unwanted resources are reused, recycled or used to produce energy, if not avoided altogether in the first place.
Earlier this year, confectionary company Mars claimed to have achieved the feat at all its global factories, while consumer goods giant Unilever has also recently announced 600 of its sites worldwide had stopped sending any waste to landfill, Read More...
BillerudKorsnäs Venture Announces Equity Investment in Leading Serialization Company Kezzler
(Sweden, Oct. 12, 2016) Kezzler AS, a leader in serialization business services, today announced they have completed an agreement with BillerudKorsnäs Venture, a wholly-owned subsidiary of BillerudKorsnäs AB, of an equity investment with Kezzler. The new capital will be used to scale Kezzler's organization in the United States, Europe, and Asia.
As part of the investment, Mr. Anders Persson, managing director of BillerudKorsnäs Venture will join Kezzler's board of directors.
“During the last several months, we have worked very hard to Read More...
Paper2017.com is Live
(USA, Oct. 12, 2016) Paper2017 co-hosts the American Forest & Paper Association (AF&PA) and the National Paper Trade Association (NPTA) today launched the Paper2017 website -- Paper2017.com. Paper2017, the paper industry's premier networking event, will be held in Chicago, March 26-28, 2017.
Paper2017.com offers the most up-to-date information on the Paper2017 schedule and speakers, a listing of the Official Paper2017 Suite holders, sponsors and supporters, hotels and contact information, and the #Paper2017 Twitter feed.
Participants are advised to book their Official Read More...
ETS Review: European Paper Industry Commends Rejection of Tiered Approach
(Brussels, Belgium, Oct. 13, 2016) Today's vote in the European Parliament marks a major stepping stone for the ETS (Emissions Trading Scheme) review.
“This message reads loud and clear: NO to a tiered approach on carbon leakage and YES to a dynamic and predictable benchmark's reduction,” says Nicola Rega, Climate Change and Energy Director representing the Confederation of European Paper Industries (CEPI).
The proposed flexibility in setting the auction share together with proposed solutions to help member states with compensation for Read More...
Weyerhaeuser to explore strategic alternatives for its Uruguay Timberlands and Manufacturing Business
(Uruguay, Oct. 12, 2016) Weyerhaeuser Company (WY) today announced the exploration of strategic alternatives for its timberlands and manufacturing operations in Uruguay. The company intends to consider a broad range of alternatives, including continuing to hold and operate the business, or a sale.
"In Uruguay, Weyerhaeuser has established a high-quality timberlands portfolio supported by value-creating manufacturing operations and a team of dedicated employees," said Doyle R. Simons, president and chief executive officer. "Following our merger with Plum Creek, we are Read More...
Global Pulpwood Prices Rose in Q2, After 7 Consecutive Decreases
(Seattle, WA, USA, October 11, 2016) The wood fiber costs for the world’s pulp industry had trended downward for almost five years until this year when both the softwood and hardwood fiber price indices jumped in the second quarter of 2016, reports Wood Resource Quarterly.
The two indices rose because price increases were seen for wood chips and pulplogs in practically every major market around the world.
The Softwood Wood Fiber Price Index (SFPI) was up 2.3% from the Q1 2016 Read More...
Mondi Group to Acquire Russian Corrugated Packaging Producer, Beepack
(Johannesburg, S Africa, Oct. 10, 2016) Mondi Group has signed an agreement to acquire 100% of the outstanding share capital of LLC Beepack (“Beepack”) from a private investor for a consideration of RUB2,825 million (EUR 41 million) on a debt-and-cash-free basis. Beepack’s plant in Lebedyan (Lipetsk region of Russia, around 400 km south of Moscow) makes a range of corrugated packaging trays and boxes for food and agricultural products including beverages, fruit and vegetables, poultry and dairy. Customers include Read More...