BillerudKorsnäs has today agreed with the British investment firm Inspirit regarding the divestment of the Beetham mill. The transaction is completed today. The purchase price corresponds to an equity value of around SEK 30 million. “The strategic importance of the Beetham mill for the rest of the group has been reduced since the investments in machine glazed (MG) paper production at Skärblacka a couple of years ago. With Inspirit, the Beetham mill gets an owner with

Neenah, Inc. announced that on August 19, 2021, its Board of Directors approved a ½ cent increase in the cash dividend on the Company’s common stock. The quarterly dividend distribution of $0.475 per share will be payable on December 2, 2021 to shareholders of record as of close of business on November 12, 2021. Neenah has consistently paid a dividend every quarter since it was first incorporated in 2004. Further, this marks eleven straight years of increasing the divid

Business Wire IndiaRenu Gupta - Red Velvet Rock Global Commercial Brokers LLCNearing the end of 2021, it is also tim

Valmet has been chosen as the second most attractive employer by the Finnish engineering professionals. The ranking was published in Universum’s annual survey, which is the biggest employer attractiveness survey in Finland. Earlier this year in another Universum study Valmet was chosen as the third most attractive employer by the engineering students in Finland. The positive development of Valmet’s attractiveness in both target groups, the engineering students and engineering prof

International technology group ANDRITZ has successfully started up a new 550 t/d HERB chemical recovery boiler  at Naini Papers Limited in Kashipur, state of Uttarakhand, India. The boiler is designed to handle a mixture of hardwood and agro-based black liquor and enables environmentally friendly and more energy-efficient operation compared to the black liquor incinerator previously used in the mill. Thus, the mill’s pulp production as well as the power-to-heat-ratio will in

Toscotec will participate in the Latin American Papermakers Conference 2021 scheduled from 10th to 12th November 2021 in Mexico City to present the latest innovations of its top-of-the-line technology designed for superior energy efficiency. On 11th November at 11.30 am, Toscotec Sales Manager Gabriele Romanini will give a technical speech titled “Strategic Roadmap to Energy Efficiency in Tissue Making Technology”. The presentation will illustrate the multiple advantages

Catalyst Paper, a Paper Excellence company, was honoured with a SmartWay® Excellence Award from the U.S. Environmental Protection Agency as an industry leader in freight supply chain environmental performance and energy efficiency. Catalyst partners with SmartWay carriers that share the same values in environmental leadership. These carriers invest in energy efficient lightweight equipment that allows Catalyst to plan and load equipment to maximum capacity to reduce the number o

Rottneros announces price hike of 75 USD/ton for all new orders effective 1st of November 2021. The increase is implemented on all High Yield Pulp grades and for all destinations. The increase reflects rapidly increasing input costs for energy and particularly electricity as well increases for chemicals and transportation. Rottneros is a supplier of fibre for selected niches, speciality paper and board applications. Rottneros offers a wide selection of High Yield and Kraft

Business Wire IndiaVinay Thakker, CEO, Oddinary leads his team to a second consecutive win at &lsquo

The L2A pulp drying line at Bracell’s “STAR” project in Lençóis Paulista, São Paulo, supplied by ANDRITZ, has achieved a new production world record. On October 16, 2021, just 38 days after start-up, Bracell achieved a total of 4,385 air dry tons per day on a single line, which is a production world record. In terms of specific drying capacity, this corresponds to 428 tons per day and meter of working width produced on an ANDRITZ drying plant f