Press Releases

Press Releases

International technology Group ANDRITZ has successfully launched a new service package to increase the performance and life cycle of drying cylinders (Yankees). With over 100 projects successfully completed, ANDRITZ is one of the leading suppliers of cast and steel Yankees worldwide. The service package includes PrimeCoat Stratos, a thermal solution…

Press Releases

The Lucart Castelnuovo di Garfagnana tissue mill, part of the Lucart Group, has officially inaugurated its first Cogeneration system with Integrated EcoRecovery system, developed and supplied by Valmet. The installation is part of Lucart Group's about 4 million EUR investment for upgrading the mill. The Cogeneration system integrates a gas…

Press Releases

International Paper today released its 2014 Sustainability Report sharing progress against its voluntary sustainability goals, a new sustainability strategy and highlighting collaborations that advance sustainability throughout the life cycle of its products. The 2014 report features stories from around the world that collectively capture some of International Paper's key sustainability…

Press Releases

The pulp and paper industry in Indonesia has long been linked to forest clearance, habitat destruction, and haze-causing forest fires. Plagued by the highest rate of deforestation on the planet (Source: TIME magazine, July 2014), Indonesia is also the second biggest world exporter of tissue paper jumbo rolls. Are we…

Press Releases

Munksjo’s Nomination Board has been appointed. The Nomination Board comprises representatives of the three largest shareholders of the company and, in addition, two expert members: the Chairman of the Board of Directors and a person nominated by the Board of Directors. The following three persons have been appointed as representatives…

Press Releases

WestRock today announced that it will host a conference call to discuss third quarter fiscal 2015 results and other topics on Thursday, July 30, 2015, at 9 a.m. EDT. WestRock will release its third quarter fiscal 2015 results after the market closes on Wednesday, July 29, 2015. WestRock will begin…

Press Releases

Metsaliitto Cooperative, the parent company of Metsa Group, has today signed a EUR 75 million loan agreement with the European Investment Bank (EIB). The loan relates to the financing of Metsä Fibre Corporation’s Äänekoski bioproduct mill project, announced on 11 June 2015. The loan is amortizing with equal instalments, final…

Press Releases

Metsa Fibre Corporation, part of Metsa Group, has on 10 June 2015 signed the financing agreements for the Äänekoski bioproduct mill project and refinanced its existing EUR 270 million revolving credit facility. The financing for the bioproduct mill project is in total EUR 750 million and consists of several financing…

Press Releases

UPM’s ValChem project has received EUR 13.1 million funding from the European Union. The project will be done in cooperation with Sekab, METabolic EXplorer and Technische Universität Darmstadt. The total budget of the project is around  EUR 18.5 million. ValChem (Value added chemical building blocks and lignin from wood) is…

Press Releases

Mac Papers, one of the largest merchant distributors in the Southeast U.S., today named Kathleen Wentworth as Director of Human Resources. Wentworth is now responsible for leading the company’s human and organizational initiatives, including strategic planning, recruitment, training and development, compensation and benefits, employee relations and acquisition integration. Wentworth replaces…