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The persistent global economic downturn is proving to be much tougher than anticipated with depressed markets, geopolitical instability and weak economic growth combining to put significant pressure on Sappi, particularly in Europe. In response we announced on 06 July 2023 the start of a consultation process on the possible closure of Stockstadt Mill. We have completed this process and agreed on the social plan for the employees. In addition, an agreement has been signed for the sal Read more...
Valmet will supply a folding boxboard making line (BM 1), a fine paper making line (PM 3) and a bleached chemi thermo mechanical pulp (BCTMP) production line to Liansheng Pulp & Paper (Zhangzhou) in Zhangzhou, Fujian province, China. The lines will be delivered to a new greenfield mill in Zhangzhou, which will eventually have a total pulp and paper capacity of 3.9 million tonnes annually. The start-ups of BM 1, PM 3 and BCTMP line are scheduled for the third quarter of 2022. The Read more...
Valmet will supply a coated board making line (PM 2) with extensive packages of automation and Industrial Internet solutions for APP’s Guangxi Jingui Pulp and Paper’s (GJPP) Qinzhou mill in China. The start-up is scheduled for 2021. The order is included in Valmet's orders received of the first quarter 2020. The value of the order will not be disclosed. The total value of an order of this type and scope is typically around EUR 150-200 million. When started- Read more...
