Press Releases

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 13, 2023 to shareholders of record on December 30, 2022. 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.&

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UPM will arrange a webcast on pulp growth and the UPM Paso de los Toros pulp mill project for investors, analysts and bankers on 13 December 2022 at 15:00-16:00 EET. Long term demand growth fundamentals are good for market pulp, supported by the global consumer megatrends and the need to find more sustainable alternatives for fossil-based materials. The requirements for competitive greenfield pulp operations are difficult to meet and provide a lasting competitive advantage. The UPM

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Valmet continues to grow its quality management offering by launching two new scanner models, Valmet IQ Scanner XL and Valmet IQ Scanner S. Both are designed for optimal production efficiency and superior performance in paper, board, nonwoven, and paper converting industries. Intelligent scanning for every application The Valmet IQ Quality Control System is a highly customizable quality management solution that enables increased process performance while meeting quality go

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Skogsaktiebolaget Eternali´s wholly owned subsidiary Eternali Brasil Ltda has entered into an agreement to acquire five eucalyptus plantations in the state of Pará, Brazil. The acquisition covers 1,300 hectares of land with approximately 400 000 metric tons standing eucalyptus. The eucalyptus plantations have undergone all the criteria to be approved for FSC certification. Harvesting and sale is planned for 2023. In accordance with Eternali's long-term plan to acqui

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Twin Rivers Paper Company, a leading producer of specialty and kraft paper products, has reached a definitive agreement to sell its softwood lumber mill in Plaster Rock, New Brunswick, to eastern Canadian lumber manufacturer and North American forest products leader Groupe Lebel. Group Lebel is a longtime supplier to Twin Rivers Paper. The transaction includes a long-term supply agreement for the Plaster Rock mill to continue providing Twin Rivers Paper with by-product chips and bio

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Envoy Solutions announced today that it has acquired Scranton, Pa.-based Pennsylvania Paper & Supply Company While its iconic building is most famous for its appearance in the opening credits of "The Office," the 100-year-old Penn Paper, is well known in the industry as a full-service, specialized distributor of facilities supplies, jan-san equipment and supplies, and industrial packaging solutions. The acquisition helps further expand Envoy Solutions' footprint in the Penns

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The new broke handling will be part of the production line PM9 producing high-quality wet strength paper, such as label paper in the future. ANDRITZ will deliver high-consistency pulping, high-density cleaning and deflaking for processing the special type of broke. Specific trials on pulping and deflaking of wet-strength paper were conducted at the ANDRITZ stock preparation pilot plant in Graz, Austria in advance. The trials were carried out with comparable raw material from Sappi a

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The Neles NDX 2.0 is a next-generation intelligent valve controller offering more sustainable valve control performance for all process industries, valves and applications. With its modular design, Neles NDX 2.0 is easy to install, use and service. It will be showcased at the Valve World Expo and Conference 2022 starting today in Germany. One valve controller for any valve “Valmet’s flow control business has a long history of developing valve auto

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On November 29, Suzano China Innovability Hub, Suzano’s first R&D and innovation center in Asia, commenced construction at the Zhangjiang Science City in Shanghai. After its completion, the Innovability Hub will act as a dedicated center to developing new bio-based materials and applications, as well as for cooperating with partners in China and overseas to drive sustainable development through Innovability. With an investment of over US$10 million, the Innovability Hub wi

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The tissue machine will have a design speed of 1,800 m/min, a width of 2.85 m and a design capacity of 72 admt/d. The suction pressure roll will be covered with a polysoft polyurethane cover for high-performance dewatering. The PrimeDry Steel Yankee in combination with a steam-heated COMBO hood enables highly efficient drying with substantial energy savings. ANDRITZ will also deliver stock preparation and automation equipment, as well as process-, fan- and multistage-pumps and auxil

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