Press Releases
Valmet is to deliver six wire tyers to Sappi’s Saiccor dissolving pulp mill in South Africa. Valmet Wire Tyer is a fully automated tying machine that applies high-tensile steel wire around pulp bales at pre-selected positions. The order was included in Valmet’s orders received of the second quarter 2024. The value of the order will not be disclosed. The wire tyers will be delivered in the second quarter of 2025 and installed on the baling lines C3 and C5 during the mill&
Read more...16 August 2024
In an era where environmental consciousness is at the forefront of consumer and corporate agendas, the packaging industry is undergoing a profound transformation. Around the world industries are strengthening their focus on sustainability and methods to reduce environmental footprints. With the rising awareness of environmental issues like plastic pollution and deforestation, businesses are turning to recycled pulp packaging to meet their needs. Recycled pulp, derived from
Read more...16 August 2024
Voith will supply a MasterJet Pro F/B headbox for a leading paper manufacturer in North America. The new headbox with ModuleJet dilution technology will enable optimization of paper production and ensure greater efficiency and optimized production quality. The installation of the new system is expected to be completed in May 2025. “The new headbox will enable our customer to improve key paper properties such as formation, cross direction basis weight variation, fiber orientati
Read more...NETZSCH Pumps & Systems, a global leader in complex fluid pumping solutions, announces the NEMO® R. MY Magnetically Coupled Pump, an innovative pump designed to meet the most demanding requirements of industries requiring leak-free pumping solutions. It is ideal for use in chemical, pharmaceutical, paint, and food applications to convey highly viscous product. While mechanical seals are widely used and are a proven method of preventing leakage in pump systems, the failure of
Read more...14 August 2024
nternational Paper announced today that Tom Plath, Senior Vice President of Human Resources and Corporate Affairs, will leave the company at the end of the year. During his 33-year career with IP, Plath has served in a number of roles in HR, operations, marketing and general management. He was named an officer in 2013 and was elected senior vice president in 2017. His role was expanded in 2023 to SVP, human resources and corporate affairs, with responsibilities for human resources,
Read more...GreenFirst Forest Products Inc. announced results for the second quarter ended June 29, 2024. The Company’s interim financial statements and related Management’s Discussion and Analysis for the second quarter ended June 29, 2024 are available on GreenFirst’s website at www.greenfirst.ca and on SEDAR+ at www.sedarplus.ca. Highlights Q2 2024 net loss from continuing operations was $14.5 million or $0.08 per share (diluted), com
Read more...13 August 2024
Navigator Paper Setúbal's PM 1 and PM 3 operate with seamed felts, supplied by Voith, in all press positions, marking a significant milestone for the paper machines. The successful transition resulted from a three-year-long collaborative development between the Setúbal and Voith teams with the common goal of transitioning all press felt positions to seamed felt designs. Using seamed press felts makes changing felts faster with less workforce and without the need to
Read more...International Paper Chief Executive Officer Andy Silvernail will speak at Jefferies 2024 Industrials Conference on September 4, 2024. The presentation is scheduled to begin at 8:05 a.m. eastern time and will be followed by a question and answer session. All interested parties are invited to listen to the webcast via the company's website by clicking on the Investors tab and going to the Events & Presentations page at https://www.internationalpaper.com/investors/events-presen
Read more...13 August 2024
National multifamily developer Wood Partners expands its presence in Charlotte with Alta 10th and Seigle and Altera Mint Hill, bringing its total to 16 developments in the city and 30 in the state. These new multifamily properties will bring more than 550 units to one of the fastest-growing cities in the country. "Wood Partners' expansion in Charlotte includes both our attainable and luxury line, providing ample living opportunities that support the vibrant and growing comm
Read more...Suzano, the world’s largest pulp producer, announces its financial results for the second quarter of 2024 Adjusted EBITDA totaled R$6.3 billion, a 60% increase on 2Q23, reflecting higher pulp prices, favorable FX rates, increased sales volume, and reduced production costs compared to the same period last year. Operating cash generation totaled R$4.5 billion, the strongest quarterly result since 1Q23, and net revenue came to R$11.5 billion, the strongest quarterly result
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