Recent Articles

Stora Enso has selected UMV as the supplier of an offline coating section to be installed at their Forshaga site in Sweden. The delivery includes all equipment for application of dispersion barriers including mechanical installation, the order value are undisclosed. Start-up and commission will take place in the 2Q 2021.

While some companies and industries have been slowed by the pandemic, others have taken flight thanks to ingenuity, strategic pivots, and recognition of the demand for health and safety-oriented products.

ABB to supply leading Mexico packaging paper producer Grupo Gondi with a robust and reliable automated paper testing solution for its greenfield site in Monterrey, Mexico.

Valmet announced 14.88 percent share acquisition of Neles' shares from Solidium Oy on June 17, 2020 and has gradually increased its ownership further to 29.5%.

Six Valmet Total Solids Measurements (Valmet TS) will be supplied as part of the delivery by SUEZ Water Technologies & Solutions of water and wastewater treatment plants for Klabin's Puma II project in Brazil.

ANDRITZ has received an order from JSC Management Company of the Holding Belorusskie oboi, Belarus, to complete and start up its production line for folding boxboard. Start-up is scheduled for 2021.

Metsä Fibre and Andritz signed a preliminary agreement on wood raw material reception and feed equipment for the Kemi bioproduct mill.

Valmet streamlines its services to customers globally by introducing 'Valmet's way to serve' concept. The aim is to provide the best customer experience in all the touch points of the customer journey. Valmet's services are based on comprehensive services offering, lifecycle collaboration and core commitments.

Valmet and Metsä Board have signed an agreement on data-driven optimization of paperboard quality of the board machine at Metsä Board's Kemi mill. The machine produces premium quality white top kraftliner. Valmet will supply the mill with Valmet Industrial Internet VII Data Discovery and VII for Paper Quality solutions.

Kadant Solutions, a division of Kadant Inc., marks a successful five-year market presence of the CeraEdge™ creping blade line for use in tissue production.

Valmet has entered into an agreement to acquire PMP Group in Poland. The enterprise value of the acquisition is approximately Euro 64 million, plus a conditional and capped earn-out component. The acquisition is estimated to be completed on October 1, 2020 at the earliest.

As a strategic partner, Lenzing has access to a state-of-the-art development line at the campus in Münchberg with immediate effect. This offers new opportunities for sustainable fiber and nonwoven innovations for a wide range of applications including hygiene, body care and medical.

Many banks, utilities, telecoms and other service providers continue to encourage (and sometimes force) their customers to switch from paper to electronic communications, using claims that electronic communication is "greener," "saves trees" or "protects the planet" as justification.

The United Steelworkers (USW), representing more than 14,000 workers in the forestry sector, are welcoming recent changes to Employment Insurance (EI) that will make it easier for workers to access benefits - at least in the short term.

Georgia-Pacific announced that it is now accepting mixed paper bales that contain single-use polyethylene (PE)-coated paper cups at its recycled paper mills in Green Bay, Wisconsin, and Muskogee, Oklahoma.

Let's see if Greenpeace pipes up again...

Reported insider trading since the last issue of PaperMoney.

With a $180 million investment, Graphic Packaging has consolidated two facilities and three offsite warehouses into one of the most productive and largest folding carton operations in the world.

CJK Group, Inc. announced that it has acquired content services business Cenveo Publisher Services and Cenveo Learning from Cenveo Worldwide Limited, and will be merging them with its own content business Sheridan Journal Services and hosting platform Sheridan PubFactory to form KnowledgeWorks Global Ltd. (KGL).

Brazilian state development bank BNDES has hired JPMorgan Chase & Co to manage a share offering to sell its 11% stake in pulpmaker Suzano SA, two sources familiar with the matter said.

Saica Pack has established a new maintenance facility for its Fresh Pack customers.

The annual maintenance shutdown of Metsä Fiber's Kemi mill in Finland integrate will take place during week 38 (14-20 September).

A comprehensive examination of the framework conditions has shown that it is not possible to continue production on the board machine in Hirschwang an der Rax, Lower Austria, economically.

Stora Enso has decided to invest approximately EUR 79 million in a new production line for cross laminated timber (CLT) at its Ždírec sawmill in the Czech Republic. The investment will further enhance Stora Enso's position as a global provider of high-quality engineered wooden elements and as a market leader in CLT.

Kimberly-Clark Corporation announced that it has entered into a definitive agreement to acquire Softex Indonesia, a leader in the fast-growing Indonesian personal care market, in an all-cash transaction for approximately $1.2 billion from a group of shareholders including CVC Capital Partners Asia Pacific IV.