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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Fortress Paper Ltd. reported a 2014 second quarter EBITDA loss of $6.0 million. The dissolving pulp segment generated EBITDA loss of $4.2 million while the security paper products segment generated EBITDA loss of $0.4 million. Corporate costs contributed $1.4 million to EBITDA loss. However, management says it is encouraged by…

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Minerals Technologies Inc. had associate agreement with Sun Paper Group to arrange the newly introduced NewYield(TM) Integrated method Technology at Sun's pulp and paper operations in Shandong Province, China, because the company released a press note and it was received by Lesprom Network.  The new technology is said to have…

Tuesday, Aug 12, 2014
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In September, Emtec Electronic GmbH appears at the PTS Paper and Board Symposium in the congress hall in Munich, Germany. On September 17th and 18th, 2014 it is possible to have a look at the PDA.C 02 – Penetration Dynamics Analyzer, which characterizes the properties of paper and board surfaces…

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Crown Van Gelder’s (CVG) net profit for the first six months of 2014 amounted to Euro 1.5 million versus a net loss of Euro 3.7 million in the first half of 2013, as the company said in the press release received by Lesprom Network. The strong recovery of results is…

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German pulp and paper manufacturers produced 11.3 million tons of product in the first half of 2014, according to the German Pulp and Paper Association. It represents an increase of 1.4 per cent over the same period last year. Sales of pulp and paper stayed nearly constant, up slightly by…

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US based technology firm Minerals Technologies launched its FulFill E-325 technology in late 2010. The new technology enables paper manufacturers to reduce the cost of paper production by increasing the usage of precipitated calcium carbonate (PCC). PCC is a specialty pigment for filling and coating high quality paper. The FulFill…

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Rebo de Medici is said to have improved its profits in first half of the year. Even demand fell a little; the company could generate profits around €9m higher than in the first six months of 2013.  Operating profit in the first half amounted to €13.67m (H1 2013: €4.39m) while…

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Sequana reports a net loss of €80 million during the first half year 2014.This includes €77 million in net non-recurring expenses essentially attributable to restructuring measures announced in April. Sequana has more than doubled its net loss in the first half of the year. The operating result was negative as…

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In Canada, the Prince Albert Daily Herald reports that the waste wood to energy plant operated by Prince Albert Pulp, Inc. has been shut down. The facility supplied approximately 10MW to the local power grid, but with the adjacent pulp mill not yet in operation, good quality wood waste wasn’t…

Friday, Aug 08, 2014
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UPM recently published its Interim Report Q2/2014. Operating profit excluding special items increased to EUR 186 million, 7.6% of sales (138 million, 5.5% of sales), due to the successful profit improvement programme. EBITDA was EUR 298 million, 12.2% of sales (258 million, 10.2% of sales). Jussi Pesonen, President and CEO…