Press Releases
10 June 2021
Valmet and Mercer Rosenthal deepen their long-term partnership as Valmet will upgrade Mercer Rosenthal’s mill’s Valmet IQ Quality Control System with the new scanner and related measurements. Valmet delivered the existing quality control system in 1999, and after more than 20 years of reliable operation, Mercer Rosenthal made the decision to upgrade its aging system to ensure its continuous sustainability and reliability. The order was included in Valmet's ord
Read more...Metsä Fibre, part of Metsä Group, has signed a contract on sawmill maintenance with Oy Botnia Mill Service Ab. The signed contract includes the maintenance of the Rauma sawmill’s whole process, excluding property maintenance. “We want the best professionals and experts in the industry as our partners to ensure the high availability and cost-effectiveness of the world’s most modern sawmill, as well as the continuous improvement of the operations.
Read more...Botnia Mill Service, part of Caverion, will start as maintenance partner at the Metsä Fibre’s new sawmill at Rauma, Finland. The agreement covers all sawmill process phases. Metsä Fibre is part of the Finnish forest industry group Metsä Group. "We want the best professionals and experts in their fields as our partners to ensure high availability, cost efficiency and continuous improvement at the world’s most modern sawmill. New technology and analysin
Read more...Sappi Europe announces a price increase for all its containerboard grades by 8 - 10% for deliveries from 1 July 2021. The ongoing sharp rise in raw material costs, particularly pulp, chemicals and energy in combination with high freight rates make price adjustments unavoidable. Sappi’s sales team will be in contact with customers to discuss the detail and support the implementation. About Sappi Sappi is a leading global provid
Read more...Raute will move its operations in China to a new location in Changzhou, Jiangsu province. The new facility is located some three hours’ drive from Shanghai and there is a fast and efficient train connection. Operations in the new site are planned to start in January 2022. “The current location in Shanghai area has limitations for further growth as the area is being developed more towards lighter industry’s needs. The nearby supplier network is moving to new regions
Read more...Clearwater Paper Corporation announced the indefinite closure of its Neenah, Wisconsin facility, which includes three tissue machines and ten converting lines, removing a total paper production capacity of approximately 54,000 tons. Clearwater Paper intends to indefinitely close Neenah and exit the away from home business by the end of July 2021. “Despite the best efforts of our dedicated employees, our Neenah location and assets cannot cost effectively compete in the markets
Read more...Toscotec has launched the new generation design of its shoe press TT NextPress, featuring superior drying performances and energy savings, resulting from R&D activities in cooperation with Voith. TT NextPress delivers a stable after-press dryness rate of more than 47% on a tissue line operating above 2,000 mpm speed. This dryness level ensures a substantial reduction of energy consumption, as the Yankee and the hoods use significantly less thermal energy to complete the paper drying proce
Read more...3 June 2021
Smurfit Kappa has announced a significant investment of €11.5 million in its Zülpich paper mill in Germany, which will fund a fuel conversion project aimed at significantly reducing the plant’s CO2 emissions. The plant currently produces approximately 500,000 tonnes of paper annually. The investment will allow a major redesign of the plant’s multi-fuel boiler, providing a more sustainable fuel source for the generation of steam and electricity at the mill. An i
Read more...International Paper has completed the sale of its ownership interest in Olmuksan International Paper to Mondi Group. The Olmuksan business includes five corrugated packaging plants with three hundred thousand tons of annual converting capacity. This transaction is in line with International Paper's strategy to serve attractive markets from an advantaged position. Corrugated packaging remains a strategic business for International Paper in EMEA. About International Paper
Read more...2 June 2021
Further to the announcement made on 5 January 2021, Mondi confirms that all conditions have been satisfied and it has completed the acquisition of 90.38% of the outstanding shares in Olmuksan International Paper Ambalaj Sanayi ve Ticaret A.S ("Olmuksan" or the “Company”) from International Paper for a total consideration of €66 million. The implied enterprise value on a 100% basis would amount to around €88 million. Olmuksan is a leading and well-esta
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