Press Releases
Qooore, the social investment platform for Gen Z, today announces the launch of paper trading in its iOS app, enabling users to carry out risk-free trades based on insights from leading finfluencers. To mark this exciting new chapter in the company’s development, Qooore is also rebranding as Qure.Finance, while reaffirming its focus on becoming the leading investment platform for Gen Z, with a total addressable market of $84 bln. In addition to learning from trading insights f
Read more...29 June 2022
Sappi North America Inc., a leading producer and supplier of diversified paper, packaging products and pulp, in partnership with the Girl Scouts of Maine, today announced the national rollout of the Paper Scientist Patch program. The patch program teaches girls the science and technology of the pulp and paper industry. The first-of-its-kind program first welcomed Girl Scouts from around the State of Maine in 2017 to attend a paper scientist expo at Sappi’s Technology Center in
Read more...Berneck S.A., the largest wood-based panel exporting company in Brazil, has commissioned DIEFFENBACHER to supply an 84 MW energy system and the world’s largest drum dryer for its medium-density particleboard (MDP) plant in Curitibanos, Santa Catarina. Headquartered in Araucária in the Brazilian state of Paraná, Berneck S.A. specializes in MDP, MDF and HDF production. “With the new DIEFFENBACHER energy system and drum dryer, we’ll be ready to boost our
Read more...Cellwood Machinery will supply dispersing units for upgrading projects to Maruti Paper and Padmavati Paper in India. The dispersing units will help our customers to improve the quality of Kraft Paper production. The start-up of the new units is scheduled for the beginning of 2023. About the customer Maruti Paper: Maruti Papers Limited commenced production in 1990 with an initial installed capacity of 9000 tonnes per annum (TPA). Over the y
Read more...23 June 2022
"Being close to our customers and offering them quality service are our main priority". Inigo Pagola, Pasaban Service Director. At Pasaban, we want to ensure that our customers receive excellent technical service. Our extensive knowledge of the paper converting industry and its technical problems allows us to offer a close, fast and efficient service all over the world. Also creating a long-term relationship of trust with our customers. Pasaban Serv
Read more...23 June 2022
Valmet will supply two Valmet IntelliTissue 1600 tissue machines for Liaoning Yusen tissue mill located in the county of Tai'an, Liaoning province, China. The order is included in Valmet's orders received of the second quarter 2022. The value of the order will not be disclosed. The total value of an order of this type and delivery scope is typically around EUR 6–8 million. Valmet IntelliTissue machines belong to the small and medium size tissue machines that
Read more...LP Building Solutions announced an agreement with Pacific Woodtech to acquire LP's Engineered Wood Products (EWP) business for $210 million. The acquisition includes LP's laminated veneer lumber and I-joist manufacturing facilities in Wilmington, North Carolina; Red Bluff, California; and Golden, British Columbia, Canada, associated timber license assets, and the SolidStart® brand. The completion of this transaction is subject to customary closing conditions and regulatory reviews
Read more...Toscotec launches INGENIA, a new concept tissue machine to produce premium quality structured tissue paper. The quality generated by INGENIA line is substantially higher than textured tissue and close to Through Air Drying (TAD) produced paper, but using 35% less energy. With INGENIA Toscotec responds to the challenge of today’s paper market calling for premium quality tissue obtained with lower energy use and lower capital investment than TAD lines. INGENIA’s concept is
Read more...21 June 2022
UPM has signed an agreement to sell 100% of the shares of its Austrian subsidiary UPM Kymmene-Austria GmbH to the HEINZEL GROUP, a leading pulp, packaging and paper producer and trader in Central and Eastern Europe. The transaction comprises the UPM Steyrermühl site with approx. 400 employees, including the newsprint paper machine with an annual capacity of 320,000 tonnes and the Steyrermühl sawmill operations with an annual timber capacity of 370,000 cubic meters. The par
Read more...Organised by Messe Frankfurt India Trade Fairs India Pvt Ltd together with Gifts & Accessories, the Exhibition Division of Netlink Solutions (India) Ltd, Paperworld India, Corporate Gifts Show and Interior Lifestyle India presented by Ambiente India garnered a staggering response from the industry at the Jio World Convention Centre, BKC. The trade fair trio brought together 215 exhibitors and proved to be a great success due to the convergence of 14,615 trade visitors from all across Indi
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