Press Releases Press Release by Source

The COVID-19 pandemic was an unforeseen event for everyone, and later on the unfortunate situation in Ukraine was too. The adaptation of companies globally has had to be extremely fast to cope with this unusual situation. In addition, international relations have been exposed and last-minute alternatives have had to be sought to maintain customer relations.   Despite this situation, Pasaban has been able to continue providing service internationally thanks, in part, to the on-s

The world’s largest machine for the production of kraftliner has entered service in Obbola in Västerbotten, outside Umeå, eastern Sweden. With a total investment of SEK 7.5 billion, this major project has been completed ahead of schedule and within budget, significantly increasing opportunities to produce packaging materials that replace plastic. “At full capacity, the machine will increase capacity from 450,000 tonnes to 725,000 tonnes a year, enabling our re

WEPA France has selected Toscotec to install a TT SYD Steel Yankee Dryer on PM11 at its Bousbecque plant near Lille. The new Yankee will replace an existing cast iron cylinder. Undisputed Steel Yankee market leadership With over 250 TT SYD sold, Toscotec is the undisputed market leader of Steel Yankee Dryers holding a large majority of the global market share.     Toscotec’s TT SYD was the first Yankee dryer made of stee

The Company increases its deliveries to the southwestern regions of China, which has been its prioritized area. By 2025, the share of Ilim Group’s board supplies to the southwest of the People’s Republic of China will have increased three-fold from 5% to 16%, which is another 100 thousand tons of the finished products. Stepped-up deliveries will make the Company a key player on the pulp and paper market in the south-western China. The supply volumes will be boo

The machine glazed paper market is expected to reach US$ 13.81 billion in 2023 and is likely to be worth US$ 21.63 billion by 2033. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market. Machine glazed papers have emerged as the preferred packaging alternative for various industries due to their excellent blend of sustainability and aesthet

International Paper, a global producer of planet-friendly packaging, pulp and other fiber-based products, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World's Most Ethical Companies. International Paper has been recognized for the seventeenth consecutive year and is one of only two honorees in the Forestry, Paper and Packaging industry. In 2023, 135 honorees were recognized spanning 1

ANDRITZ’s scope of supply comprises the entire key equipment and supervision service for the mechanical installation, commissioning, start-up, and training. With this contract ANDRITZ is consolidating its strong market position for low-energy hard wood mechanical pulping technology focusing on production of high-quality fibers at lowest operating cost. Established in 2021, Hubei Xianhe New Materials is active in several business fields including the pulp and paper in

Valmet hosts a Capital Markets Day for institutional investors and other capital markets representatives today, Wednesday, March 8, 2023, at 12:00 – 15:40 EET in Espoo. The aim of the Capital Markets Day is to provide an update on Valmet’s businesses and drivers for growth and profitability. Valmet's strategy and financial targets remain unchanged. The day will include presentations by Pasi Laine, President and CEO, Katri Hokkanen, CFO, and the Business Line Presidents.