Press Releases
Innovative ANDRITZ partner Rohrdorfer has started up Germany's first amine-based CO2 capture plant for cement plants at its main site in Upper Bavaria. This technology developed by ANDRITZ will prospectively make a considerable contribution to CO2 reduction and thus to a sustainable circular economy. The special separation process recovers CO2 as a basic material for a large number of valuable intermediate products for further use in hygiene and pharmaceutical products as well as in the b
Read more...22 February 2023
International technology group ANDRITZ has received an order from EON Energy Projects GmbH to supply an EcoFluid boiler with a capacity of 30 MW thermal power. Start-up is scheduled for 2025. The new, highly efficient bubbling fluidized bed (BFB) boiler from ANDRITZ will burn waste from paper processing and sludge from the sewage treatment plant at the Aschaffenburg site. Once fully operational, it will reduce the dependency on natural gas by 25 percent and save 50,000 tonnes of CO2
Read more...22 February 2023
A.P. Moller - Maersk (Maersk) has entered into an agreement to divest its logistics sites in St. Petersburg and Novorossiysk to IG Finance Development Limited. Maersk divesting the two sites is a consequence of the company’s decision made in March 2022 to discontinue activities in Russia. We are pleased to have found a new owner of our two logistics sites in Russia and thereby execute on our decision to divest all our assets in the country. Throughout the divestment process, w
Read more...16 February 2023
West Fraser Timber Co. Ltd. reported today the fourth quarter results of 2022 All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. Fourth Quarter Highlights Sales of $1.615 billion and earnings of $(94) million, or $(1.13) per diluted share Adjusted EBITDA1 of $70 million, representing 4% of sales Lumber segment Adjusted EBITDA1 of $(77) million, including $39 million of inventory
Read more...15 February 2023
Vesa Simola, Area President, EMEA at Valmet, has decided to continue his career outside the company. Vesa Simola will continue to be an active member of Valmet's Executive Team and lead the company's EMEA Area until his successor is chosen. "Vesa Simola has led the business of the EMEA Area creditably since 2015. The Area is our company's largest market, and under Vesa's leadership, our operations have developed well in many respects. I thank Vesa for his contri
Read more...UNIPAKHELLAS, a member of INDEVCO Group, contracted with Toscotec for the supply of a complete paper production line to be installed at UNIPAKHELLAS Central (UHC) mill in Pelasgia, region of Fthiotida, Greece. UNIPAKHELLAS aims to produce high quality test liner and fluting grades to Greek and export markets. The paper machine is scheduled to start up soon. Toscotec has been selected as the main machinery supplier due to its proven engineering capabilities and history of successfull
Read more...9 February 2023
The global Thermal Paper Market is expected to grow from USD 4.49 billion in 2022 to USD 6.9 billion by 2030, at a CAGR of 5.7% during the Projection period 2023-2030. The market has been studied for the below mentioned-segmentation and regional analysis for North America, Europe, Asia, South America, and the Middle East and Africa. These are the key regions where the thermal paper market is operating and is predicted to expand soon. The manufacturers and suppliers involved in the t
Read more...8 February 2023
Kalmar, part of Cargotec, has agreed an extension to a large three-year cooperation agreement originally signed in 2019 with Holmen Iggesund, part of the Holmen Group. The extension, which is for a further three years plus an optional 12-month extension, will come into effect at the start of Q2 2023. The order was booked in Cargotec's Q4 2022 order intake. Iggesund Mill on Sweden's east coast is one of the most advanced fully integrated pulp and paperboard mills in the world
Read more...8 February 2023
Leading UK timber importer Premier Forest Products has announced its latest acquisition with the purchase of Decorpanel, a highly successful, specialised panel processing business. Based in Tyne and Wear, Decorpanel was established in 1998 by owners Ian Ling and Anthony Hopps. The business operates on a four-acre site comprising 76,000ft² of warehouse and factory space, and employing 63 staff. Premier plans to invest in new machinery at the site to further improve pro
Read more...7 February 2023
Toscotec will take part in the 8th edition of Paper One Show, the premier international paper exhibition in the MENA region, organized from 21 to 23 February 2023 at Expo Center Sharjah in the United Arab Emirates. In the past three years, Toscotec has been strengthening its presence in the Middle Eastern region with six new orders of tissue machines, including three turnkey operations. In developing towards state-of-the-art tissue technology, the Middle Eastern market has been reco
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