Press Releases

Press Releases

International technology Group ANDRITZ has received an order from Cartulinas CMPC S.A. to upgrade the complete bleaching system at its mill in Maule, Chile, which processes 100% radiata pine for the production of softwood BTMP (bleached thermo-mechanical pulp). Start-up of the upgraded bleaching system is scheduled for the fourth quarter…

Size Press for a 1200 tpd fluting and liner machine

A new size press for the production of fluting and liner has been delivered by OVERMADE to North American customer and installed in his existing line. The size press that has an operating speed of 1100 mpm and a paper width of 5800 mm, is capable to apply high starch…

Press Releases

The U.S.-Russia Business Council (USRBC or Council) announced today that Mark Sutton, Chairman and CEO of International Paper, has been unanimously approved by its Board of Directors to be the next Chairman of the USRBC. Mr. Sutton assumed the Chairmanship at the USRBC Annual Meeting in San Francisco on November…

Press Releases

Verso Corporation announced three strategic initiatives designed to drive increased efficiency in the allocation of its resources, reduce the company's cost of doing business, and improve Verso's operating and financial performance. As part of its comprehensive strategy to position the company for success in a challenging industry, Verso plans to…

Press Releases

The expansion of UPM Otepää plywood mill, started in the spring of 2015 along with the building of the new bio boiler plant, has been completed and will be inaugurated today. The expansion increases the mill's production capacity to 90,000 cubic meters per year. The new bio boiler plant, in…

Press Releases

Cascades Inc. reports its unaudited financial results for the three month period ended September 30, 2016. Q3 2016 Highlights     Sales of $1,021 million     (compared to $998 million in Q2 2016 (+2%) and $1,026 million in Q3 2015 (stable))     Adjusted (excluding specific items)         OIBD of $103 million…

Press Releases

Verso Corporation announced that it has changed the date and time of its conference call and webcast for analysts and investors to Monday, November 14, 2016 at 3 p.m. (EST) to discuss third quarter 2016 financial results. Analysts and investors may access the live conference call only by dialing 888-317-6003…

Press Releases

Highlights for the Year •  EBITDA excluding special items up 18% to US$739 million (FY15 US$625 million) •  Profit for the period up 91% to US$319 million (FY15 US$167 million) •  EPS excluding special items up 68% to 57 US cents (FY15 34 US cents) •  Net debt US$1,408 million, down 20% or US$363…

Press Releases

Improved printing and labeling technologies could help to reduce production costs. The 24th South China International Exhibition on Printing Industry (Printing South China 2017) and China International Exhibition on Label Printing Technology 2017 (Sino-Label 2017) will be running from 1-3 March 2017 at Area B, China Import and Export Fair…

OVERMADE to deliver a Tissue Winder to South America

An order for a tissue combining winder 1500T complete  with 3 unwinding stands has been placed with OVERMADE for delivery in December 2016. The winder  has a width of 2800 mm and  a speed of 1400 mpm . it will handle mother rolls up to a diameter of 2800 mm…