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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 fine paper making line with stock preparation, an extensive scope of automation and a recovery boiler for Sun Paper in Beihai, China. Also, another stock preparation line for a different Sun Paper site will be supplied. The new high-capacity fine paper making line is designed to produce high-quality woodfree uncoated paper (WFU) grades, and the recovery boiler is designed for high power generation and environmental performance. The start-ups of the paper making line and t 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...
