Press Releases
6 August 2024
The Paper Excellence Group today announced that it has appointed Luc Theriault to president of its Wood Products business unit. The appointment is effective August 26, 2024. Before the Paper Excellence Group, through its subsidiary Domtar Corporation ("Domtar"), acquired Resolute Forest Products ("Resolute"), Theriault held several leadership positions at Resolute from 2002 to 2020, culminating in his role as senior vice president of Wood Products. His leadership
Read more...Portuguese tissue producer Renova selected Toscotec for the complete rebuild of PM6’s Yankee hoods and air system at their Torres Novas facility near Lisbon. The rebuild is planned for 2024. This is a repeat order for Toscotec who started its cooperation with Renova in 2007 with the replacement of their PM5’s cast iron Yankee with a TT SYD Steel Yankee Dryer. Tailor-made solution for substantial consumption reduction Toscotec developed a customize
Read more...Our Board of Directors has declared a quarterly dividend of $0.21 per share, an increase of $0.01 per share or 5%, as well as a special dividend of $5.00 per share, to holders of its common stock. The dividends will be paid on September 16, 2024 to stockholders of record on September 3, 2024. Future dividend declarations, including amount per share, record date and payment date, will be made by the board of directors and will depend upon, among other things, legal capital requiremen
Read more...This New Brunswick Day, J.D. Irving, Limited is celebrating the province’s communities and the unique sites and events that make New Brunswick “home.” New Brunswick is home to many stunning natural areas. The Irving Nature Park in Saint John and the Irving Eco Centre: La Dune de Bouctouche are just two locations to observe our natural beauty and catch a glimpse of wildlife like the Harbour Seal, the Great Blue Heron and the Chickadee, New Brunswick&rsqu
Read more...3 August 2024
Sunil Pandiri is part of the global Board of Management of Voith Hydro. As Chief Service Officer he will continue to strategically expand the company's service portfolio. The role was newly created in order to meet the requirements of customers and their hydropower plants in the best possible way; making service a priority on top level. Sunil Pandiri started his career in 2004 as a project manager at Jindal Steel & Power Ltd. in India. In 2006, he joined Siemens and in the f
Read more...3 August 2024
Suzano, the world's largest producer of cellulose and a global leader in the manufacture of bioproducts from eucalyptus, is accepting applications for the new Formare class at the Suzano Unit in Imperatriz. Developed by Suzano's Volunteer Program in partnership with the Iochpe Foundation, the program aims to train young people in socioeconomically vulnerable situations for the job market. The initiative provides 20 vacancies for the Production Process Operator course.
Read more...2 August 2024
Valmet and Körber have on August 1, 2024, closed the earlier announced agreement to further strengthen the digital solution FactoryPal. FactoryPal is a unique software developed to improve shopfloor manufacturing performance and productivity. After the closing of the agreement, Valmet holds the majority of the shares and FactoryPal will continue operating as an own legal entity under existing brand. The addition of FactoryPal will further strengthen Valmet’s offering of a
Read more...Excerpt from the speech by Wolfgang Beck, SVP Global Wood Procurement, at the 74th Annual Conference of the Council of the German Wood Industry 2024 The biorefinery as a model for the future The use of lignin, a by-product of pulp production that has often gone unused in the past, as a material opens up new avenues for the pulp and paper industry in terms of sustainability and resource efficiency. Mercer, a leading player in the industry, has recognized the potential of lignin and i
Read more...1 August 2024
Georgia-Pacific, a global leader in tissue, pulp, paper, packaging, and building products, is deploying dataPARC’s PARCview platform across its containerboard and cellulose manufacturing facilities. The implementation of PARCview is set to enhance GP’s operational efficiency, process optimization, and real-time data management. This decision follows a thorough evaluation of dataPARC’s capabilities to potentially improve data insights in manufacturing processes.
Read more...Ence Energía y Celulosa achieved a net profit of €23 million in the second quarter of 2024, thanks to the improvement in the price of cellulose and the cost reduction achieved by the Group in its Pulp and Renewable Energy businesses. In the first half of the year as a whole, profit reached €26.5 million. The Group's consolidated operating profit (EBITDA) amounted to €66 million in the second quarter, 85% more than in the previous quarter and 5 times more th
Read more...