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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The board of directors of Borregaard and Rayonier Advanced Materials have decided to go ahead with the investment project in Florida after securing necessary permits as well as incentives from local authorities. Phase one of the project is expected to be completed mid 2018, and will represent a capacity of…

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Fortress Paper Ltd. announced today that it has reached an agreement with Investissement Québec ("IQ"), acting on behalf of the Government of Québec, to amend certain terms of the warrants to purchase up to 1,000,000 common shares of the Company at an exercise price of $5.00 per common share issued…

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Norbord modernizes and extents the OSB mill in Inverness, the UK. Therefore the company relocates the continuous Dieffenbacher press from the Alberta, Canada site to Scotland. Due to the investment the production capacity is nearly doubled, as Holtec says in the press release received by Lesprom Network. Now Holtec received…

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The new site in Dourges will combine production activities of Ontex's French plants Wasquehal and Arras into one "state-of-the-art facility." Transfer of production equipment to be completed next year. Ontex Group, a manufacturer of disposable personal hygiene products, has opened its new production site for incontinence products in Dourges in…

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Blue Paper has opened a new high stack warehouse for paper rolls in Strasbourg, France, as VPK Packaging Group said in the press release received by Lesprom Network. Blue Paper's paper machine is one of the most impressive in Europe with a width of 8.60m. The machine produces over 1000…

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Staples' European business generates annual sales of €1.7bn. Staples' will retain a 15% stake in the company. Staples Inc has entered into an agreement with Cerberus Capital Management to divest a controlling stake in its European business, owned by Staples' indirect wholly owned subsidiary Staples Cyprus Intermediary Holdings, to Promontoria…

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USITC determined that material injury to the domestic industry was likely to continue or recur after revocation of the existing ADD and CVD orders. There is no end to punitive tariffs on coated paper imports from China and Indonesia in the USA. Under the five-year sunset review proceedings, the US…

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Klabin SA, Brazil's largest paper producer, has room to keep increasing output from the Puma wood pulp plant over the next few years, Chief Executive Officer Fabio Schvartsman said on Thursday, addressing concerns about slowing growth. Output at Klabin doubled from 2013 levels after the 1.5-million-tonne Puma project went online…

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Rottneros Group has signed agreements on debt financing within the framework of the investment program Agenda 500, as the company said in the press release received by Lesprom Network. The increased funding amounts to a total of SEK 120 million ($13.3 million) and will be used for investments in the…

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Valmet will deliver automation technology to Nepa Limited in India for its two refurbished paper machines and new deinking plant. The solutions enable the paper mill to increase productivity and improve product quality. The startup of the new system is scheduled for the end of February 2017, as the company…