NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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Stora Enso has signed an agreement to divest its Barcelona mill, which produces recycled-fibre based consumer board, to the private equity fund Quantum. The transaction is in line with Stora Enso’s strategy to focus its consumer board offering on high quality virgin-fibre products. The initial cash consideration for the divestment…

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Despite higher sales volumes, CPH Group recorded a decline in sales and an EBIT loss in the first half of 2015. All three divisions of CPH Group increased their sales volumes in the first half of 2015 over the same period last year. But with a weaker euro and lower…

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Shareholders at Polish chipboard manufacturer Pfleiderer Grajewo approved on Monday an issue of up to 40 million shares to finance the takeover of parent company Pfleiderer GmbH. The company said in June that part of the proceeds from the share offer would be spent on cutting the combined company's debt.…

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A bid to resurrect the Gunns pulp mill is close to fruition but may requi­re the Abbott government to approve the use of native forests as feedstock, provoking a monumental environmental stoush. KordaMentha, liquidator of the collapsed timber company, is in the final stages of choosing a preferred bidder for…

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Owners of the an Essex County paper mill have been faulted for numerous serious safety violations in the death of a 57-year-old worker who was fatally burned at the plant this winter. International Paper Co. faces up to $210,000 in fines in connection with the death of Jorg Borowski, who…

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The Howe Sound Pulp and Paper Corporation on B.C.'s Sunshine Coast will close part of its operations effective immediately, affecting up to 180 workers. The mill's owners, Paper Excellence, blamed the extreme drought, noting that water from a nearby lake that feeds the mill's operations is dwindling. It also said…

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Mohawk, a privately-owned manufacturer of fine papers, envelopes and specialty substrates for commercial and digital printing, recently celebrated the opening of a new envelope converting facility in the town of South Hadley, Massachusetts. The 112,342 square foot site located at 28 Gaylord Street features envelope converting capacity to service the…

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Paper Excellence is announcing the permanent closure of the Paper and TMP Operations at the Howe Sound Mill effective immediately. "In light of the extreme drought conditions experienced since May, the decision to cease paper operations was advanced to help conserve water supply", Steve Bird, General Manager of Howe Sound…

Friday, Jul 24, 2015
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SCA is set to invest approximately SEK650m (€70m) in a new production facility in Jarinu, Brazil for the manufacture of incontinence products. Production is scheduled to commence in the second half of 2016, according to SCA CEO Magnus Groth. The new mill will replace a smaller facility in Brazil and…

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The Lane County Board of Commissioners approved a five-year tax break totaling $8.56 million for the International Paper linerboard mill in Springfield. The company requested the break as it considers a $101.6 million upgrade to its 66-year-old mill, mainly to replace two “functionally obsolete” pieces of heavy equipment. Under the…