Press Releases
A global packaging and paper manufacturer has commissioned Voith to rebuild its production line into a state-of-the-art production facility for recycled packaging papers. Commissioning of the rebuilt production line is scheduled for 2025. Leading full-line supplier Voith will deliver a customized solution that includes a resource-saving BlueLine stock preparation system, the rebuild of the existing machine into an efficient XcelLine paper machine, as well as comprehensive service ag
Read more...Also Read: Safeguarding the Pulp and Paper Industry: KeToscotec started up a packaging paper machine at Cartiera Pirinoli after the complete rebuild of the press section at their Roccavione facility in Italy. Toscotec installed a first nip with double felted press roll and a second nip with a Voith NipcoFlex shoe press designed for a maximum load of 1,600 kN/m. The project also included a fully automatic tail feeding system, felt runs, showers, rolls, doctors, as well as guide and s
Read more...STARK Group’s company, Beijer Byggmaterial, is launching a new digital climate tool for environmental reporting. With the tool, the Swedish market leader gives customers an overview of a product's climate impact, making it easier for customers and advisors in the construction industry to choose materials with less climate impact and to make climate calculations. The tool provides data on the total carbon emissions of the amount of a product or products that a customer has
Read more...18 October 2023
Rayonier Advanced Materials Inc., the global leader in High Purity Cellulose, today announced that it has engaged Houlihan Lokey as its financial advisor to explore the potential sale of its paperboard and high-yield pulp assets located at its Temiscaming site. This strategic move is aligned with RYAM's commitment to enhancing its operational and financial performance, optimizing its portfolio to align with its long-term growth strategy, and providing flexibility to pay down deb
Read more...17 October 2023
Clearwater Paper Corporation will release its third quarter 2023 results on Monday, October 30, 2023. President and Chief Executive Officer, Arsen Kitch and Chief Financial Officer, Sherri Baker, will discuss the results during a conference call that day at 2 p.m., Pacific Time. Registration To register for the conference call, please use this link. After registering, confirmation will be sent through email, including dial-in details and unique conference
Read more...17 October 2023
International technology group ANDRITZ has received an order from the pulp and paper producer The Navigator Company to supply a new recovery boiler, new ash leaching system and an upgrade of the non-condensable gases (NCG) collection and incineration system for its pulp mill in Setúbal, Portugal. ANDRITZ will execute the order on a turn-key basis with start-up scheduled for the first quarter of 2025. ANDRITZ’s sustainable technologies improve mills’ environmental
Read more...16 October 2023
The Film Size Press will be designed to process special papers at a maximum speed of 1150 m/min and to apply starch on various paper grades, from 80 gsm copy paper up to 350 gsm Bristol paper. The unit will also feature a fully automatic threading system equipped with tail cutter, tail shooter, vacuum belt and air turn. With this project, which sees the implementation of PMT’s best technologies, Alkim Kağıt is confirming the willingness to continue the long and fruitful coop
Read more...13 October 2023
International Paper today declared a quarterly dividend of $0.4625 per share for the period from October 1, 2023, to December 31, 2023, inclusive, on the common stock, par value $1.00, of the Company, payable on December 15, 2023, to holders of record at the close of business on November 15, 2023. Today, the company also declared a quarterly dividend of $1.00 per share for the period from October 1, 2023, to December 31, 2023, inclusive, on the cumulative $4.00 preferred stock of th
Read more...13 October 2023
Dick's Lumber, a banner of RONA inc., one of Canada's leading home improvement retailers operating or servicing some 425 corporate and affiliated stores, has completed the acquisition of ZyTech Building Systems, a leader in the manufacturing and distribution of building components and engineered wood products. This is the first strategic acquisition for Dick's Lumber under the ownership of private equity firm Sycamore Partners. This transaction will allow Dick's Lumb
Read more...12 October 2023
Enstra Paper, member of the Corruseal Group and one of the largest producers of recycled containerboard grades in South Africa, has engaged Voith to rebuild its PM 6 for packaging paper in Springs, close to Johannesburg, in South Africa. Voith will supply a new BlueLine OCC stock preparation line to improve efficiency, runability and paper quality. The leading full-line supplier will also undertake substantial rebuild measures on the existing paper machine that was converted from newsprint to
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