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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...
Valmet supplies a Valmet IntelliTissue 1600 tissue making line to Chinese tissue producer C&S. The new line will be installed at the company’s mill in Tangshan, China. The start-up is scheduled for the first quarter of 2022. The order was included in Valmet’s orders received of the first quarter 2021. The value of the order will not be disclosed. However, a project of this size and scope is typically valued at around EUR 5-10 million. Valmet IntelliTissue m Read more...
Valmet will supply two Valmet IntelliTissue 1600 tissue machines for Liaoning Yusen tissue mill located in the county of Tai'an, Liaoning province, China. The order is included in Valmet's orders received of the second quarter 2022. The value of the order will not be disclosed. The total value of an order of this type and delivery scope is typically around EUR 6–8 million. Valmet IntelliTissue machines belong to the small and medium size tissue machines that Read more...
