International Paper announced today that it has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation ("TRC Capital") to purchase up to 3,000,000 shares of International Paper Company ("International Paper") common stock from International Paper shareholders. The offer represents approximately 0.86 % of International Paper's shares of common stock outstanding as of the May 9, 2023 offer date. TRC Capital's offer price of $30.67 p Read more...
International technology Group ANDRITZ has successfully started up the rebuilt BM1 for PJSC Kyiv Cardboard and Paper Mill at their site in Obukhiv, Ukraine. The rebuild of the packaging paper machine covered the upgrade of the press and calender sections, including extensions to the existing automation system. To improve the machine’s capacity and the surface quality of the paper, ANDRITZ relocated the existing press from the second to the third press position and installed a Read more...
Valmet will supply Valmet IQ quality management system to PJSC Kyiv Cardboard and Paper Mill in Kiev, Ukraine. The new system will be installed in the corrugated packaging plant of the mill which is undertaking modernization actions. The investment is targeted to improve the quality of the corrugated board, and to increase productivity and profitability in converting operations. The order was included in Valmet's orders received of the second quarter 2020. The delivery is schedu Read more...
