Press Releases
16 December 2024
For the second consecutive year, Metsä Tissue's popular winter products, sold under the Lambi or Tento brand are available in stores across Europe. These soft and much-loved decorated products, inspired by winter, bring warmth and holiday spirit into homes. The design, featuring delicate snowflakes formed by small hearts, adorns both the packaging and the tissue itself. “Lambi and Tento’s beloved winter products are back, bringing the holiday spirit to our consu
Read more...13 December 2024
West Fraser Timber Co. Ltd. has declared a quarterly dividend of US$0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 14, 2025 to shareholders of record on December 27, 2024. Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. Dividends are declared and payable in U.S. doll
Read more...13 December 2024
The Voith Group showed a solid performance in the 2023/24 fiscal year (October 1, 2023, to September 30, 2024) in a challenging market environment with weak economic activity and ongoing geopolitical uncertainty. Both in terms of operating business and financially, Voith remains in robust condition. The Company achieved its sales targets in all three Group Divisions in the reporting period and managed to slightly increase the volume of orders received. Nevertheless, the operating result (EBIT
Read more...Metsä Group introduces voluntary nature compensation measures in its environmental deviations. Part of regenerative forestry, nature compensation overcompensates the harm to nature resulting from any legal violations. The operating model ensures that corrective measures linked to defective performance result in greater benefit than harm to nature. Nature compensation will be applied in matters related to the Nature Conservation Act and the Forest Act – key legislation in terms of b
Read more...Monadnock Paper Mills, Inc., the oldest continuously operating paper mill in the United States, is pleased to announce the release of its updated Fine Printing Papers Swatchbook. This carefully curated collection showcases the rich textures, vibrant finishes, and unrivaled performance of Monadnock’s most celebrated paper lines, including Astrolite®, Astrolite® Digital+, Caress®, and Dulcet®. Tailored for designers, brand owners, and printers, this swatchbook go
Read more...11 December 2024
Voith's fourth-generation MasterJet headbox technology, the MasterJet 4Tec, is now available and has already impressed the first customers with its positive effects on operating efficiency and paper quality. The innovations result in improved jet quality and thus flawless, streak-free sheet formation, as well as a reduction in energy consumption. The measures to further improve cleanliness and the resulting increase in machine efficiency have also proven to be very convincing.
Read more...Toscotec has started up a high efficiency TT SteamBooster steam generation system at one of the AB Grigeo Group’s mill UAB Grigeo Tissue in Grigiskes, Lithuania. The new TT SteamBooster was implemented into the hood and steam systems of their PM6, a Toscotec-supplied AHEAD tissue line that came online in 2015. A cost-effective technological upgrade The new TT SteamBooster recovers the heat from the hood’s exhaust air to generate high pressure s
Read more...11 December 2024
International technology group ANDRITZ has received a major order for a tissue production line from Juthor Paper Manufacturing Co., part of Middle East Paper Co. (MEPCO) Group, Kingdom of Saudi Arabia. Start-up is scheduled for 2026. The value of the order will not be disclosed. The line will be equipped with the latest ANDRITZ technologies from stock preparation to the reel to ensure low energy consumption and high product quality. The tissue machine will be one of the wo
Read more...11 December 2024
Kruger Products Inc.a company in which KP Tissue Inc. holds an equity interest, announced today that, after successfully starting-up its new tissue plant in Sherbrooke, Quebec, it is evaluating advancing the construction of its next tissue plant in response to increased market competition in the fast-growing ultra-premium segment. This proposed new plant would contain a state-of-the-art Through-Air-Dry paper machine along with three converting lines. The result of the evaluation is expe
Read more...The construction of the Neweg Wind Farm, an expansion of the Wocawson Wind Farm , was completed in late September. This project further enhances New Brunswick's renewable energy infrastructure, with support from Irving Equipment and Gulf Operators. Located in Penobsquis, NB, the Neweg Wind Farm consists of six wind turbines. Once operational, these turbines will significantly contribute to sustainable energy production in the region. Gulf Operators was responsible for the civil
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