Press Releases
2 November 2022
Supremex Inc.a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, announced today the acquisition of substantially all of the assets of Royal Envelope Corporation (“Royal Envelope”), an envelope manufacturer and lithography company located in Chicago. This transaction was concluded for a total cash consideration of US$18.7 million on a cash-free and debt-free basis plus US$2.0 million for manufacturing equipment
Read more...1 November 2022
With today's market launch of the new LiKOSET thickener, international technology Group ANDRITZ presents a perfect solution for efficient clarification of liquids and recovery of slurry. Based on decades of experience in thickening and clarification systems, ANDRITZ offers the LiKOSET, a highly reliable and cost-effective thickener that can be used in a wide range of industries, especially for the sustainable processing of lithium and various minerals for the agricultural industry.
Read more...1 November 2022
Ms. Emilia Torttila-Miettinen (M.Sc. Eng.) has been appointed Business Line President, Automation Systems at Valmet as of December 1, 2022. She will be a member of Valmet’s Executive Team and report to President and CEO Pasi Laine. Emilia Torttila-Miettinen began her career at Valmet in 2003 and she is currently holding the position of Vice President, Operations of the Automation Systems business line. During her career, she has gained wide experience in Valmet’s automat
Read more...31 October 2022
SCA and Holmen have today agreed to conduct a feasibility study regarding a potential new jointly owned sawmill in Rundvik, Nordmaling municipality in Västerbotten. A new sawmill in Norrland with high production capacity would increase the value of forest assets in the long term. The feasibility study, which only includes production cooperation at the sawmill in Rundvik will begin immediately and is expected to be completed in the spring of 2023. For further informati
Read more...28 October 2022
The Paper Excellence Group and Resolute Forest Products Inc. today announced their intention to sell Resolute's Thunder Bay pulp and paper mill to further facilitate the regulatory review process. On July 6, the Paper Excellence Group through its wholly-owned subsidiary Domtar Corporation ("Domtar"), a global diversified manufacturer of pulp and specialty, printing, writing, and packaging papers, entered into an agreement with Resolute, a global forest products company
Read more...28 October 2022
Kamps, Inc., one of the nation’s leading pallet companies, is pleased to announce the opening of a new pallet facility in Bloomfield, Connecticut. The facility will begin operations immediately and will specialize in custom pallet manufacturing and wooden pallet recycling, two of the company’s core service offerings. The latest expansion comes on the heels of strong third quarter growth for the company and is the fourth location Kamps has added since August. The new loca
Read more...28 October 2022
Boise Cascade’s Building Materials Distribution (BMD) division today announced the acquisition of 4.67 acres of land adjacent to its Albuquerque, New Mexico branch. The land purchase agreement was signed Monday, October 17, 2022. The existing operating facility consists of 13 acres with 78,000 sq. ft. of covered storage. This BMD location services the New Mexico, West Texas, and Juarez markets. “The expansion will increase our diversification of customer segmen
Read more...Reportlinker.com announces the release of the report "Global Specialty Pulp and Paper Chemicals Industry" - https://www.reportlinker.com/p06032973/?utm_source=GNW 5 Billion by 2027, growing at a CAGR of 6.3% over the analysis period 2020-2027. Functional Chemicals, one of the segments analyzed in the report, is projected to record a 6.8% CAGR and reach US$20.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Blea
Read more...Valmet will supply an Advantage DCT 100TS tissue production machine to Papel San Francisco in Mexico. The new machine will be installed at the company's mill in Mexicali and the start-up is planned for the first half of 2024. The order is included in Valmet's orders received of the third quarter 2022. The value of the order will not be disclosed. The new tissue line will fulfill Papel San Francisco's need of new capacity for standard tissue products. Valmet has
Read more...25 October 2022
Mondi, a global leader in sustainable packaging and paper, has announced the approval of a €400 million investment in a new paper machine at its flagship Štětí mill in the Czech Republic. The investment forms part of the Group’s €1 billion expansionary capital investment programme to accelerate growth in sustainable packaging and will further strengthen Mondi’s leading position in the market. The investment will help Mondi to meet the growing dem
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