Press Releases

Valmet will supply a rebuild for ITC Limited’s board machine PM 1A at their Bhadrachalam mill in Telangana, India. The start-up is scheduled for the second quarter 2024. The order was included in Valmet’s order received of the first quarter 2023. The value of the order will not be disclosed. “ITC is the frontrunner in the Indian paper industry, applying the new technology to fulfill our customers’ needs. The goal of the PM 1A rebuild is to produce h

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This new, innovative wood fiber-based concept helps brand owners increase the share of renewable material in their packaging. All components of the tube are designed for recycling. The tube is composed of Stora Enso’s barrier-coated board material Natura Shape™ and a screw cap designed in collaboration with Blue Ocean Closures with assembly by AISA. The solution contains more than 85% fiber content, the highest proportion available in a tube design. Intended for cosmetics and pers

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Valmet is to convert Helen Ltd’s coal-fired district heat boiler to bubbling fluidized bed combustion to enable wood pellet firing at the Salmisaari ‘A’ power plant in Helsinki, Finland. The conversion promotes the company’s goal of phasing out coal and at the same time strengthens the construction of a sustainable energy system. The order is included in Valmet’s orders received of the second quarter 2023. The value of the order will not be disclosed. T

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Norwegian manufacturer Ranheim Paper & Board selected Toscotec for the dryer section rebuild of PM5 at its paper mill in Ranheim, near Trondheim. Scheduled for the third quarter of 2023, the project will increase the paper machine’s production capacity and efficiency. PM5 produces cardboard and solid board in the basis weight range from 220 to 540 gsm. The rebuild of PM5’s entire dryer section will consist of different phases. The first phase will see Toscotec supply

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Sinclar Group Forest Products Ltd. is curtailing its lumber operations at Apollo Forest Products in Fort St. James, Lakeland Mills in Prince George, and Nechako Lumber Co. in Vanderhoof, for various periods over the next few months. Nechako Lumber Co. will curtail operations from May 14 to July 29, 2023; Apollo Forest Products will curtail operations from June 4 to June 30, 2023; and Lakeland Mills will curtail operations from July 2 to July 29, 2023. “The high cost

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Last Friday our "Just a Better-WAY®" Open House ended (Lucca, 11-28 April 2023), an event that aroused great interest by welcoming more than 250 professionals from all over the world, very important players belonging to both to our reference sectors (tissue, paper and nonwoven) and to leading companies in the pharmaceutical, automotive and manufacturing industries. The event offered visitors the opportunity to visit the offices and production plants in Porcari (Lucca)

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Mr. Tero Kokko, Ph.D. (Eng.), M.Sc. (Econ), has been appointed President, EMEA (Europe, Middle East, Africa) at Valmet as of June 1, 2023. In his new position, Tero Kokko is a member of Valmet's Executive Team and reports to President and CEO Pasi Laine. Tero Kokko currently works in Valmet's Services business line as Vice President, Fabrics business unit, where he started in 2020. Prior to this, he worked in various management positions at Cargotec and its subsidiary Kalmar

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Hydrotech, Inc. today announced the acquisition of Isaacs Fluid Power Equipment Company (Isaacs)—representing progress toward the company’s mission to modernize industrial equipment and streamline operations through application know-how, technical expertise and reliable service. Based in Mason, Ohio, and founded in 1948, Isaacs is a fluid power distributor serving multiple OEM and end-user industries across Ohio, Indiana, Kentucky and portions of lower Michigan and Illin

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International technology group ANDRITZ has started the 2023 business year with unchanged high growth dynamics despite a slowing global economy. Revenue and operating result both increased significantly by well over 20 percent in the first quarter of 2023 compared with the same period of the previous year. Net income improved by almost 50 percent to 104.5 million euros (MEUR). Order intake reached a favorable level of 2.4 billion euros but was 6.5 percent below the figure for the first quarter

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Metrie®, North America’s largest manufacturer and distributor of millwork solutions, announces that it has entered into a definitive agreement for the acquisition of certain assets of Anderco Inc., a manufacturer and distributor of doors and door frames, based in Fullerton, California. Subject to the fulfillment of certain closing requirements, the deal is expected to close on May 1. About Metrie®: For nearly 100 years, Metrie has h

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