Press Releases

West Fraser Timber Co. Ltd. announced today that it will permanently reduce capacity at its pulp mill in Hinton, Alberta (“Hinton Pulp”) by the end of this year. One of Hinton Pulp’s two production lines will shut, and the remaining line will produce Unbleached Kraft Pulp (“UKP”) rather than Northern Bleached Softwood Kraft Pulp (“NBSK”). “Hinton Pulp has been in operation since 1956 and these changes are necessary to simplify our oper

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Valmet will supply a Valmet IQ quality control system for corrugators to SCGP's corrugated board box plant in Navanakorn plant, Thailand. The system will enable the plant to improve corrugated board quality, reduce rejected paper caused by warped board and improve plant productivity. The start-up of the system is scheduled for the third quarter of 2022. The order is included in Valmet's orders received for the fourth quarter of 2021. The value of the order will not be disclo

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International technology group ANDRITZ has developed a new screen scroll centrifuge with innovative features that reduce wear, enable the rapid exchange of parts, and increase maintainability. The new ANDRITZ screen scroll centrifuge HX can process bulk chemicals, minerals, agrochemicals, and food, even under difficult feeding conditions. It is designed for improved product quality and maintainability. New features include a Gentle Feeder™ feeding system, a modular scroll, and

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Pasaban will upgrade the foil stamping line for FS1 in Tumba, Sweden. It will be an electrical refurbishment and will take place by the end of the year.   Crane Currency, a Crane Co. business, is a fully integrated supplier of banknotes to central banks around the world. A pioneer in advanced micro-optical technology that offers a wide range of visual effects that increase the level of security and public confidence in banknotes.   "We continue positioning o

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International technology group ANDRITZ has received an order from Jiangxi Five Star Paper Co., Ltd., China, to supply a high-capacity, chemi-thermomechanical pulping system. Start-up is planned for 2023. ANDRITZ will install its well-proven P-RC APMP (Pre-Conditioning Refiner Chemical Alkaline Peroxide Mechanical Pulp) technology to achieve optimum pulp quality at lowest energy consumption. The pulp will be used to produce folding boxboard (FBB) from eucalyptus wood chips

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BillerudKorsnäs announces the completion of its acquisition of Verso for a purchase price of approximately USD 825 million in cash. Verso is a leading producer of coated paper in North America, with 2021 net sales of USD 1 278 million and adjusted EBITDA of USD 223 million. The acquisition of Verso reinforces BillerudKorsnäs’ strategy to drive profitable and sustainable growth and its ambition to accelerate its growth in North America. As a result of the acquisition

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J&J Green Paper has received U.S. Patent and Trademark Office approval for its cutting-edge green paper solution in the United States. This latest development is another milestone for the Miami-based company poised to make its innovation, JANUS, available to global paper industry giants currently producing 420 million metric tons of paper products every year. JANUS, developed by J&J, is an all-natural moisture-proof coating used for paper and paper packaging. “This org

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Valmet has received an order from Arctic Paper to supply a Valmet Fiber Furnish Analyzer (Valmet MAP Q) with services to its Kostrzyn plant located in the western part of Poland. The order is included in Valmet's orders received of the first quarter 2022. The value of the order will not be disclosed. The solutions will be delivered in the second quarter of 2022. Due to the planned investment Arctic Paper Kostrzyn S.A. will be able to improve the quality of paper produc

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Schweitzer-Mauduit International, Inc., and Neenah, Inc., two leading global manufacturers of specialty materials, today announced that they have entered into a definitive agreement to combine in an all-stock merger of equals with combined revenues of approximately $3 billion, expanded scale and capabilities, and accelerated growth opportunities. This transaction brings together two organizations with highly complementary technologies, geographies and product portfolios in specialty

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Valmet is launching a new THRU-AIR® Bonder at the IDEA 2022 nonwovens show in Miami March 28-31, 2022. With this invention Valmet offers the opportunity to make premium grade products at a competitive cost, which in turn can lead to increased market value for nonwovens web producer. Valmet has been supplying high-performance bonders since 1968. Thanks to air flow and temperature distribution system designs, Valmet’s thru-air systems provide the highest thermal efficiency a

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