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.

news

Visy Paper PM5 has started up at Colaroo, Melbourne, Australia, after a press section upgrade carried out by the Italian company Toscotec. VP5 paper machine produces coating base sheet and test liner for export, from recycled paper, as the company says in the press release received by Lesprom Network. The…

news

The British containerboard market is still enjoying good demand. Most experts thus think that brown recycled corrugated case material prices will edge higher in spite of the much stronger pound Sterling. Brown recycled corrugated case material is in scant supply in the UK, with light-weight grades especially hard hit. Demand…

news

German Pellets completes the commissioning of the first construction phase of the American plant in Urania, Louisiana. Work on the second construction phase has now started. The financing for the capacity increase of the plant from the current capacity of 578,000 to 1,156 million tonnes per year has been raised…

news

Canfor Pulp Products Inc. ("CPPI") (TSX: CFX) today reported net income of$17.7 million, or $0.25 per share, for the second quarter of 2015, compared to $28.0 million, or $0.40 per share, for the first quarter of 2015 and $18.8 million, or $0.27 per share, for the second quarter of 2014. For…

news

International Paper, India, and the Indian Institute of Forest Management (IIFM), Bhopal, have signed a memorandum of understanding to engage in research and work on mutual interests in the field of forest sustainability by setting up a Centre of Excellence. This wide-ranging partnership will entail action research, capacity building and…

Wednesday, Jul 22, 2015
news

NIB has signed a USD 100 million (EUR 92 million) 7-year-maturity loan agreement with Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) for on-lending to finance Klabin S.A.’s greenfield pulp mill project. The loan is for financing the construction of a greenfield pulp production facility in the municipality of…

news

Europapier CE GmbH, a daughter company of the Heinzel Group, has just closed the deal to acquire the signage business unit of the Austrian signage and paper merchant PaperNet GmbH, as was announced in June 2015. With this transaction, Europapier acquires the complete signage business as well as other remaining…

news

Mixed paper and board (1.02) and sorted graphic paper for deinking (1.11) are in short supply on the market in Germany. The German recovered paper (RCP) market remains in motion in July. Prices are considerably higher again than last month across the whole range of grades. EUWID sources attribute this…

news

Iggesund Paperboard establishes new sheeting and warehousing capability in Taiwan, as the company says in the press release received by Lesprom Network. “We continuously evolve along customers’ needs and with it, we have set up sheeting and warehousing capability in Taiwan –this will be operationally ready by end July 2015.…

news

Barry-Wehmiller Cos., Inc., capital equipment and engineering solutions leader, is moving toward acquiring the Bielomatik group associated with the paper processing product line of Bielomatik Leuze GmbH + Co. KG. They signed a letter of agreement this week, and expect the sale to be finalized in the upcoming months, once…