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Yearly Archives: 2016

Capacities: Stora Enso to close and divest Suzhou paper mill

June 27, 2016 8:20 am
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Company News, Paper
(Helsinki, June 15, 2016) Stora Enso has signed an agreement to divest the key assets of its Suzhou Mill in China for approximately €240 million. Stora Enso has signed an agreement to divest the key assets of its Suzhou Mill in China, including the land-use rights and buildings, to the local government of Suzhou National New & Hi-tech Industrial Development Area (SND). The cash consideration for the divestment of assets is approximately €240 million. Based on annual figures for 2015, the Read More...

Nippon Paper Industries Acquires Japanese Paper Bag Producer Kyouei Seitai

June 27, 2016 8:19 am
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Paper
(Tokyo, June 23, 2016) Nippon Paper Group announced that it has acquired shares in Kyouei Seitai K.K. and made it a subsidiary -- obtaining 60.2 percent of equity. Located in Marugame, Japan, Kyouei Seitai specializes in the production of heavy duty paper bags for food. As part of the 5th medium-term business plan (for the fiscal year 2015 to 2017), Nippon Paper Group said that it is working to enhance the competitiveness of its existing businesses and change the business structure Read More...

Price Watch: Södra raises price for softwood pulp in Europe from June 1st

June 27, 2016 8:17 am
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Price Watch
(Stockholm, Sweden, June 22, 2016) Södra, Mercer International, and Metsӓ Fibre are trying to lift NBSK prices in Europe to $830/tonne. Sodra announced that due to a stronger global market and solid demand, it will increase its market price for NBSK deliveries in Europe to USD 830/tonne, effective from June 1st 2016. Recent market statistics support the positive signals we had already noticed. “The softwood pulp market is strong and we anticipate the market will tighten even further”, said Magnus Björkman, Read More...

Cascades to Build New $64 Million Tissue Converting Plant on U.S. West Coast

June 27, 2016 8:16 am
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Tissue
(USA, June 15, 2016) Cascades Inc. today announced that it will build a new tissue converting plant in Scappoose, Oregon (USA). The US$64 million investment includes new state-of-the-art converting lines that are scheduled for commissioning at the end of the first quarter of 2017. This new, modern and automated converting plant will employ 80 people once the work is finished. It will manufacture virgin and recycled bathroom tissue products and paper hand towels for the Away from Home market. The Read More...

Stats: US paper recovery nears 52 million tonnes in 2015

June 27, 2016 8:14 am
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Paper
(Washington DC, June 16, 2016) According to data from the American Forest & Paper Association (AF&PA), around 52 million tonnes of paper was recovered nationwide last year. The association estimates the overall paper recovery rate at an all-time high of 66.8%, which compares to 65.4% in 2014. AF&PA credits the higher numbers to growth in the country’s recycling infrastructure and to paper mill demand for recovered material. Overall paper generation in the USA fell slightly to just under 78 million tonnes Read More...

Stats: U.S. Kraft Paper Shipments in May Down 1.3 Percent

June 27, 2016 8:13 am
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Paper
(Washington DC, June 16, 2016) The American Forest & Paper Association released its May 2016 Kraft Paper Report which said total Kraft paper shipments were 138.0 thousand short tons, 1.3 percent lower compared to May 2015. Bleached Kraft paper shipments decreased from 8.5 thousand short tons in April to 7.0 while unbleached Kraft paper increased from 129.3 to 131.0 thousand short tons. Overall, shipments in the first five months of 2016 were 1.1 percent lower compared to the same period in Read More...

Stats: U.S. Containerboard Production Up 1.3% in May 2016

June 27, 2016 8:12 am
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Packaging
(Washington DC, June 16, 2016) The American Forest & Paper Association released its May 2016 U.S. Containerboard Statistics Report which said containerboard production was 1.3 percent higher compared to May 2015. The month-over-month average daily production compared to April 2016 was 2 percent higher. The containerboard operating rate for May increased from 94.3 percent to 95.6 percent while the year-to-date operating rate of 94.3 percent was 1.5 percentage points lower compared to the same period in 2015. (Source: press release) Read More...

Sappi to Build Second Generation Sugar Extraction Demonstration Plant at Ngodwana Mill

June 27, 2016 8:11 am
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Company News
(Johannesburg, June 15, 2016) Sappi Limited announced that it has entered into an agreement with Valmet for the construction of a second generation sugar extraction demonstration plant to explore and optimize the extraction of biorenewable chemicals. The plant will be close to industrial size and will be located at Sappi’s Ngodwana Mill in South Africa. Project Highlights: --The demonstration plant will extract hemicellulose sugars and lignin from Sappi’s existing dissolving pulp line. --The sugars platform will include beneficiation to higher value organic Read More...

Link: “Sustainability at the heart of our business,” says Domtar CEO John Williams

June 27, 2016 8:11 am
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Company News
(New York, June 15, 2016) John Williams, president and CEO of Domtar, recently shared his thoughts on sustainability with Ideas Never Sleep, a global thought-leadership platform created by the Stern Center for Sustainable Business at New York University. Williams, who chairs the Stern Center’s advisory board, contributed to the Ideas Never Sleep video project as part of the Center’s mission to assist current and future business leaders in developing the knowledge, skills and experience needed to address environmental and social Read More...

Link / Multimedia: Learn why corrugated is the safer alternative in food packaging

June 27, 2016 8:09 am
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Packaging
(USA, June 15, 2016) The Reasons Why Corrugated is the Safer Alternative. Watch Video: http://www.corrugateddelivers.com/food-safety/ In an independent field study, 33 percent of Reusable Plastic Containers contained high levels of “indicator” bacteria. (Source: International Paper) Read More...

Georgia-Pacific Corrugated Acquires Southern California-based Reliable Container

June 27, 2016 8:09 am
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Packaging
(USA, June 12, 2016) Georgia-Pacific continues to expand its corrugated packaging business with the acquisition of Southern California-based Reliable Container. The acquisition includes converting plants in Santa Fe Springs, California, and Tijuana, Mexico. Terms of the deal are not disclosed. “Georgia-Pacific has had a working relationship with Reliable Container for many years and now welcomes them as part of our organization, expanding our capability and geographic reach in the important Southern California and Baja region,” said Billy Medof, president, GP Corrugated. “With Read More...

Stora Enso Investing EUR 26.5 Million to Increase Fluff Pulp Production at Skutskär Mill

June 27, 2016 8:07 am
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Pulp
(Helsinki, June 12, 2016) Stora Enso said that it will invest EUR 26.5 million in Skutskär pulp mill in Sweden to increase its fluff pulp capacity to meet the growing demand in the hygiene market. According to the company, the investment will enhance Skutskär Mill’s profitability and long-term competitiveness by increasing fluff production by approximately 160,000 tonnes per year (tpy). The mill’s softwood pulp capacity is expected to be reduced by 160,000 tpy, starting from year 2018. The total fluff pulp Read More...

Valmet to Supply New Tissue Machine to Papel San Francisco in Mexico

June 27, 2016 8:07 am
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Tissue
(Finland, June 10, 2016) Germany, Valmet will supply an Advantage DCT 100TS tissue production machine to Papel San Francisco in Mexico. The new machine will be installed at the company’s mill in Mexicali. The value of the order was not disclosed. The new tissue machine will have a width of 2.8 meters and a design speed of 2,200 m/min and will add 30,000 tons tissue paper per year to Papel San Francisco’s current production of toilet tissue, kitchen towels and napkins. Valmet’s Read More...

Mondi Group Signs Agreement to Acquire Turkish Packaging Company Kalenobel

June 27, 2016 8:06 am
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Packaging
(London, June 08, 2016) Mondi Group on June 2 announced that it has signed an agreement for the acquisition of 90% of the outstanding share capital in Kalenobel from ARGUS Capital, a CEE focused private equity group, and M. Olcay Hephiz, one of the company’s founders, for a consideration of around EUR90 million on a debt-and-cash-free basis (consideration for 90% of the business). Established in 1955, Kalenobel is a Turkish consumer packaging company focused on the manufacture of flexible consumer Read More...

EC approves investment aid for Hamburger Rieger

June 27, 2016 8:05 am
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Packaging
(Brussels. June 15, 2016 The European Commission has approved a €33m investment aid for German containerboard and plasterboard producer Hamburger Rieger. The company intends to increase capacities at its Spremberg mill. The European Commission (EC) has assessed public support for an investment proposal in the paper industry in Germany in accordance with the new provisions of the 2014 EU regional aid rules. The EC has concluded that the investment aid of €33m to Hamburger Rieger, a manufacturer of white-top testliner Read More...
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