Following the new organizational structure of Siemens Energy the Supervisory Board of Siemens Energy AG has appointed two new Executive Board members for Siemens Energy. Effective November 1, Anne-Laure de Chammard will be responsible for the Transformation of Industry Business Area. Vinod Philip, currently Head of Strategy and Chief Technology Officer, will be responsible for the Management of Global Functions (such as IT, Procurement, Innovation, Project execution among others), effective O

The electricity cost for Lessebo Paper has unprecedently increased from €3 million to €19 million per year. The drastically increased electricity price is forcing Lessebo Paper to halt production as of today Wednesday, August 31. A decision for production will henceforth be taken daily depending on the electricity price. The spot price for electricity in south of Sweden, has significantly increased for the past months. Today Wednesday, August 31, the electricity price is a

Sonoco-Alcore S.a.r.l. announces today that due to continued inflationary pressure on the business it will raise prices by 70EUR/ton or 60 GBP/ton for the UK on all tube and core grades sold in the Company’s EMEA regions. The increase is in direct response to the continued escalation of its cost base and will be effective for all shipments made on or after September 1, 2022. “We continue to experience further cost increases in all sectors of our operations and supply cha

Georgia-Pacific is making a significant investment of more than $20 million at its plant in Lebanon, Tennessee. Its existing corrugator will be replaced with a new one to provide the plant with more throughput and provide customers with a better-quality product. “This is as much an investment in our current and future customers as it is in our Lebanon operations,” said Rob Streeter, Georgia-Pacific’s area general manager. “This new technologically advanced co

As part of services offering for tissue producers, Valmet has developed a service agreement to improve the performance and safety of the Yankee cylinder, hood, and air system.  The dryer section consumes roughly 70% of all the energy used in the tissue-making process, and it is the major CO2 producer in the process. A timely and correct maintenance plan as well as control of process parameters is essential for safety, end product quality and energy efficiency. “

LP Building Solutions (LP), a leading manufacturer of high-performance building products, celebrated a landmark day in company history on Aug. 19, 2022 with the grand opening of its new global headquarters in Nashville, Tennessee. The new headquarters, which spans the top two floors-all 60,000 square feet-of the Creative Office Building in Midtown's Broadwest development, allows LP to further expand its corporate hybrid workplace model while upgrading its office environment.

Sonoco-Alcore S.a.r.l. announces today that due to the continued escalation in the cost of European energy it will raise prices by €70 per tonne on all recycled paperboard grades sold in the Company’s EMEA regions effective for shipments made on or after the 1st September 2022. “In light of the significant increases seen across the recent energy markets, the uncertainty facing the forthcoming winter period and the resultant impact on our supply costs we have no choi

International technology group ANDRITZ has received an order from Yuen Foong Yu Consumer Products Co., Ltd. (CPG) to supply a PrimeLineCOMPACT M1600 tissue production line (PM10) to its mill located in Chingshui, Taiwan, Republic of China. Start-up is scheduled for the fourth quarter in 2023. The new tissue machine will feature a design capacity of 112 admt/d, a width of 3.65 m and a maximum operating speed of 1,650 m/min. The line will produce household paper, such as toilet

UPM and Dongsung Chemical announce a development partnership that will accelerate the introduction of renewable, sustainable forest-sourced materials into the Asian market and reduce fossil resource consumption. Dongsung Chemical, headquartered in South Korea and UPM Biochemicals, headquartered in Germany have agreed to form a strategic partnership to develop renewable products using bio-based raw materials, initially for footwear materials. Dongsung Chemical has signed a Letter of

Valmet further develops its press felt production facilities in Tampere, Finland by investing in new press felt machinery and equipment. The investment includes a new pre-needling line and a new needling line. The amount of the investment is around EUR 18 million. “We target to operate the most modern, efficient and sustainable press felt production unit in the industry. We serve our customers in the board and paper as well as pulp and tissue industries with press felts that r