Press Releases
20 October 2022
American Woodmark Corporation will increase its stock kitchen and bath cabinet capacity for east coast markets. The project will represent a total expected capital investment of approximately $65 million over the next two years and result in the creation of more than 500 new jobs. The Company expects to pay for this investment with cash on hand and borrowings from its revolving credit facility. “Our company strategy is focused on Growth, Digital Transformation and Platform Des
Read more...Metsä Group will offer added benefits to its committed owner-members by paying a double bonus on wood purchased through delivery sales between 1 November 2022 and 31 January 2023. “Due to our investments in Rauma and Kemi, our wood procurement is growing, and we aim to purchase the additional volumes from our owner-members. Through the double bonus campaign, we want the good demand for wood to also benefit those Metsä Group’s owner-members who sell wood through
Read more...19 October 2022
Canfor Pulp Products Inc., is announcing a temporary curtailment of its Intercontinental Pulp Mill due to the lack of available economic fibre. Following its annual turnaround maintenance that began on September 24, 2022 and lasted for two weeks, the facility has implemented a two-week curtailment. Regular operations are expected to resume on October 24, 2022. In total the four weeks of downtime is reducing Canfor Pulp’s production output by approximately 28,000 tonnes of market
Read more...19 October 2022
Clearwater Paper Corporation will release its third quarter 2022 results on Monday, October 31, 2022. President and Chief Executive Officer, Arsen Kitch and Senior Vice President of Finance and Chief Financial Officer, Mike Murphy will discuss the results during a conference call that day at 2 p.m., Pacific Daylight Time. Registration To register for this conference call, please use this link. After registering, a confirmation will be sent through email, i
Read more...18 October 2022
International technology group ANDRITZ has received an order from Welspun Advanced Materials, India, to supply a Metris predictive maintenance system for its spunlace production line at the Telangana plant. This will be the first Metris solutions system to be installed in a spunlace line in India. The integrated Metris platform developed by ANDRITZ uses smart sensors as an energy self-sufficient and seamless support solution to monitor machine conditions continuously, even
Read more...18 October 2022
Södra is the largest forest-owner association in Sweden and an international forest industry group. With raw material from 52,000 forest owners sustainable managed forests, Södra produce timber products, pulp and green energy – and is always looking to develop new products from this renewable material. Södra is today a leading supplier of pulp with customers across large parts of the world and a global logistics network. The pulp mills produce both paper pulp fo
Read more...13 October 2022
MP hygiène has selected Toscotec for the supply of its second tissue line at Annonay mill in France. Scheduled for start-up in 2024, the new AHEAD 2.2 (PM2) will be supplied on a turnkey basis. This is Toscotec’s second turnkey supply to MP hygiène, following PM1 that came online in 2012. Innovative low-carbon design and high flexibility The high performance machine has a sheet trim width of 2,800 mm, a design speed of 2,200 m/min and a ca
Read more...12 October 2022
Valmet will deliver a chip washing and EVO defibrating machine system to VRG Dongwha MDF, a joint stock company in Vietnam. The order is included in Valmet’s orders received of the third quarter 2022. The delivery is planned for September 2023. The value of the order will not be disclosed. A project of this size and scope is typically valued at around EUR 3–6 million. “We are very pleased to have been given the trust to supply the system. VRG Dongwha and
Read more...To meet the demand for sustainable and innovative construction solutions, Stora Enso launches Sylva by Stora Enso. Sylva is a massive wood building kit comprising pre-manufactured, custom-made applications delivered just-in-time to the building site. The solution enables faster construction, reduced costs, more efficient use of raw material and fewer emissions than concrete or steel. “One of the major reasons why the construction industry’s carbon emissions have reached
Read more...Toscotec launches TT Hydrogen Burner, a new generation of 100% hydrogen fueled burners designed and tested for Yankee hoods. Within the context of the energy transition from fossil-based to zero-carbon industrial operations, Toscotec developed this patented innovation to drive the conversion of paper manufacturing to clean energy. TT Hydrogen Burner is an in-line burner featuring precisely controlled combustion and two safe operation modes. In carbon-free mode it runs on 100% hydrog
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