Press Releases

Valmet will supply Valmet DNA Distributed Control System (DCS) and Valmet IQ Quality Control System (QCS) with the latest web-based Valmet DNA User Interface to Union Paper Mills’ paper machine PM 2 in its Dubai facility, in the United Arab Emirates. Union Paper Mills selected Valmet’s automation systems based on a successful previous project conducted in 2017 for the automation of paper machine PM 3 in its Al Dhafra facility in Abu Dhabi. The new systems will replace th

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Valmet's Climate Program - Forward to a carbon neutral future - was launched in 2021. The program covers the entire value chain and includes four key targets for the supply chain, Valmet's own operations and the use of Valmet's technologies by its customers for 2030. Year 2023 marks two significant milestones for the program. Carbon neutral production enabled for pulp and paper industry customers Valmet has estimated that around 95 percent of i

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Europap Tezol Kağit started up a Toscotec-supplied AHEAD 2.2 tissue machine at its integrated production facility in Mersin, Turkey. The new high efficiency line started producing high quality tissue immediately after start-up. The project also included two OPTIMA slitter rewinders, with the first already in operation, and the second scheduled for installation soon. This is a repeat order for Toscotec who also installed a TT SYD Steel Yankee Dryer on their PM1 in 2012. The AHEAD 2.

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West Fraser Timber Co. Ltd. has declared a quarterly dividend of US$0.30 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 15, 2024 to shareholders of record on December 29, 2023. Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. Dividends are declared and payable in U.S. dollars.&n

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Partners Group, a leading global private markets firm, acting on behalf of its clients, has agreed to acquire Velvet CARE, one of the leading European manufacturers of hygiene paper products, from Abris Capital Partners. Headquartered in Klucze, Poland, Velvet CARE is one of the largest independent manufacturers of branded and private-label hygiene paper products, including toilet paper, paper towels, paper tissues, and moist toilet paper, in Central and Eastern Europe. Velvet CARE

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The Voith Group performed satisfactorily in a challenging environment over the 2022/23 fiscal year (October 1, 2022 to September 30, 2023). Both in terms of operating business and financially, Voith remains in a robust position. The Company increased all key performance indicators in the reporting year and reached the defined growth and earnings objectives. Group net income improved compared to the previous year. The broad sectoral and geographical diversification, the established market posi

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Since 2007, Al Furat Group's international exhibition, Paper One Show, has enjoyed uninterrupted success, attracting more and more exhibitors and professional visitors. It has become the largest and most prestigious event for the global paper industry. Now it's time for a glorious transformation as it is announced that the exhibition is upgraded to Paper & Tissue One Show and relocated to the capital of the United Arab Emirates – Abu Dhabi. Paper & Ti

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Trinseo a specialty materials solutions provider, today announced the launch of LIGOS™ BH 7340 SCE Binder, the Company’s compostable first bio-hybrid binder for use in coated paper board products. “LIGOS™ BH 7340 SCE Binder is yet another example of Trinseo’s commitment to delivering sustainable solutions. By offering a compostable binder, we can reduce the environmental impact of waste caused by the breakdown of paper products, in turn improving the su

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Partners Group, a leading global private markets firm, acting on behalf of its clients, has agreed to acquire Velvet CARE, Central Europe’s fastest-growing consumer tissue producer, from Abris Capital Partners and plans to build value through initiatives including expansion in Central Europe and beyond. Velvet CARE is one of the largest manufacturers of hygiene tissue products in Central Europe, with more than 850 employees in Poland and Czechia. Since 1996, Partners

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Ergéa UK, vendor-neutral provider of Managed Equipment Services (MES), have announced the release of a comprehensive white paper that explores the evolution of MES and its role in helping to drive transformational change within healthcare organisations. The white paper - Empowering Healthcare Organisations: Unlock the Potential of a Modern MES –sheds light on how the right MES partner can help the NHS Trusts implement technological, digital and process innovations to de

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