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100% of Engraving Solutions to Fabio Perini - Simec Group signs the agreement for the sale of the shares

Fabio Perini S.p.A. and NARA S.r.l. (Simec Group) have completed the transfer of all the investments in Engraving Solutions S.r.l. to Fabio Perini S.p.A. which already held 70% of the company’s shares.

The consolidated industrial partnership between the two groups will remain active in the future for a better customer satisfaction and will continue to innovate following the needs of the market.

Engraving Solutions was founded in 2003 thanks to the union of intentions of Fabio Perini and Simec Group, a leader in the production of rolls with surface machining for different application sectors. Thanks to the know-how and technological excellence of the two companies, it immediately distinguished itself in the market for its ability to develop new designs and to support the customer in the study of engravings for embossed products in the Tissue sector.
More than 4,000 rolls already produced, the creation of over 12,000 embossing graphics solutions and 15 patents active all over the world, are the assets of Engraving Solutions. Currently, 20 employees work at the Lucca plant. Among the most successful products at the international level, we mention the Softop, PP-Evo, 4D, and Pixel.

"This acquisition is in line with our growth strategy 2025 and strengthens our positioning on the Tissue Area business market - says Oswaldo Cruz, CEO of Fabio Perini S.p.A. - Engraving Solutions is an important and strategic resource for our tissue companies that will benefit from this consolidated experience and will be able to provide increasingly customized and innovative solutions to maximize the added value of our customers’ finished products ".

“This experience - states Laura Della Torre, Member of the board of Simec Group - has made possible the exchange of knowledge between the parties involved and has enriched the background and the specific know-how of the sector. Simec Group has also been able to focus on other segments, strengthening its production assets and nowadays it is a leading company thanks to the wide range of applications available in its product portfolio”.

2018-07-27 
Toscotec boosts its green performance through sustainable operations

Toscotec has successfully renewed its ISO 14001 certificate and EMAS (Eco-Management and Audit Scheme) registration for the twelfth consecutive year since 2006.It thereby confirms its long-standing commitment to eco-sustainability, starting from its own environmental performance.

In 2005, Toscotec began procedures to evaluate its internal processes according to the strictest international standards of environmental protection. This entailed undergoing an articulate and audited procedure, which led to the the draw up of an environmental management system and a three-year plan. Specifically for EMAS, the Italian supplier also issues an annual report, examined by private and public bodies, including external auditors and EMAS national Competent Body ISPRA.

As a result, back in 2006, Toscotec became the first Italian supplier of tissue and paper machinery to obtain both the ISO 14001 and the EMAS registration and to this day, it remains the only one in Italy.

Toscotec strives to step up the eco-efficiency of its operations on an annual basis. In this view, EMAS is a guarantee vis-à-vis the community and the market at large, as it ensures a comprehensive set of corporate behaviours with environmental impact is kept under serious scrutiny.

Andrea Marzaro, Toscotec’s Operations Director (COO), affirmed, “Toscotec is working towards a continued and tangible improvement of its environmental performance, on a voluntary basis. Full compliance with Italian laws and regulations is the minimum prerequisite for us. We are determined to go the extra mile, pursue the highest environment standards and achieve excellence. Eco-sustainability and environmental protection are our core values and as such inspire our operations. Energy reduction, in its widest sense, is a big part of it”.

In recent years, Toscotec has partly redesigned its layout to become a fully integrated and compact production base, thereby optimizing its manufacturing efficiency. Inspired by lean production, it streamlined its logistic operations and achieved a concrete reduction of power consumption, due to the rationalization of handling and transportation processes.

Toscotec’s headquarters currently include eight workshops, four of which dedicated to the pre-assembly of tissue and paper & board lines. Pre-assembly is one of the cornerstones of Toscotec’s quality guarantee. It aims to reduce the time, the energy and the costs of the erection at the mill and therefore achieve the performance guarantees in a shorter period.

Andrea Marzaro also pointed out “With respect to renewable energy, since 2011 we have been generating electric power from solar energy. In 2011, we implemented the first installation of solar panels on the roofs, covering an area of approximately 1,250 m2 and generating up to 190 kWh electricity, which we give back to the grid. Phase two was carried out in 2012, across 600 m2, with an output of 100 kWh. Phase three is currently underway”.

Toscotec is committed to protecting the environment at local level through its operations, and globally through the design and manufacture of its cutting-edge technology. The Italian manufacturer manages both direct environmental aspects - pertaining to its own operations, like waste, emissions, use of raw materials, energy and water resources, etc. - and indirect aspects.

With respect to its indirect environmental aspects, Toscotec’s Technical Director, Paolo Raffaelli pointed out, “through our advanced design and manufacturing process, we have achieved a significant reduction of the environmental impact generated by our machinery and process, confirmed by field data and positive customer feedback. Our engineering approach aims to enable paper mills to improve their overall performance, by reducing the need of fresh water, electricity and thermal energy, and minimizing their atmospheric emissions, including noise”. 

From TT SYD and TT SteelDryers, to Energy Saving tissue lines, to TT SAF (Short Approach Flow) and TT DOES (Drying Optimization for Energy Saving), Toscotec is the leading supplier of technology specifically designed for energy savings and with view to this, it is extensively investing in R&D and innovation.

2018-07-26 
ARAUCO approves the construction of MAPA, the largest investment in the company's history

Today, ARAUCO’s Board of Directors approved the modernization and extension of Arauco Mill, an initiative that involves a US$2,350 million investment, the largest investment in the company’s history.

This new stage of the project, which started in 2012 and was marked by joint work and an extended participatory process with the community, will renew and increase efficiency and production, in addition to strengthen ARAUCO’s competitiveness and leadership in global markets.

At the production level, the project includes the termination of line 1, the modernization of current production line 2 and the construction of a new production line (Line 3), with an annual capacity of 1,560,000 tons, increasing annual pulp production at the complex by an estimated 2,100,000 tons.

In addition, project MAPA (Spanish acronym for Modernization and Extension of Arauco Mill project) will allow the company to continue to generate clean and renewable energy from forest biomass, due to the construction of a new cogeneration boiler. In addition to supplying clean energy to the mill, an energy surplus of 166 MW will be delivered to the National Electrical Grid (SEN in Spanish), through a power line whose construction is part of the project.

Also included in the project is the implementation of a training and education program to support the creation of about 4,000 to 5,000 jobs during construction work, with a maximum of 8,000. Once construction is over, an estimated 1,000 job positions will be created, mainly in services and forestry activities. The purpose is to contribute to employment and invigorate local economy and development.

Additionally, the project includes a new wastewater treatment system that started construction in 2015, with an additional investment of US$120 million. This system is 99% completed and will provide service to the current facilities and future line 3.

Charles Kimber, ARAUCO’s Senior Vice-President of Commercial & Corporate Affairs said, “we’re very proud of this project’s materialization, because it accounts for the extensive and positive work that we’ve developed with the community and authorities”.

“This is an enormously relevant project for the country and the Biobío Region, which will modernize and increase the production efficiency of our facilities. It will also strengthen the competitiveness and leadership of ARAUCO and Chile in global markets”.

In addition, he said, “this project involves the largest investment program in the history of ARAUCO and we’ll develop it precisely in a commune where we maintain a very strong and long-lasting relationship, because this is where this company started”.

The road travelled

In 2012, ARAUCO decided that the development of MAPA had to represent a real contribution to the territory ; therefore, since the beginning the project included an extensive investment program in technology, infrastructure, equipment, production development, education and culture.

In addition, an extensive citizen participation process was conducted, centered on three Open Houses where a volunteer program was developed to inform and communicate with neighbors located next to current operations and the project.

Other related projects are : the construction of Campus Arauco (a Dual Training Center developed with Duoc UC), the Arauco Cultural Center, equipment and infrastructure programs under the Indigenous Consultation process, the Ecosystem Assessment Program for the Arauco Gulf (PREGA in Spanish), the ARAUCO Housing Plan and communal initiatives agreed with the community.

Construction and operation

Even though the Modernization of Arauco Mill started in 2015 with the construction of the new wastewater treatment system, the Extension stage will begin in December this year and is estimated to start operating in late March 2021.

During this process, the company aims to create capacities, generate employment and invigorate the territory’s different production sectors, always complementing with state of the art technology and important environmental developments.

2018-07-25 
Ence increases its net profit by 60% in the first half, to 50.3 million euros

Ence - Energía y Celulosa achieved a net profit of € 50.3 million in the first half of the year, 60% higher than in the same period of 2018. The Group’s EBITDA increased by 49% and reached € 130.8 million, driven by the improvement in the price of pulp and the incorporation of the 27 MW biomass plant in Lucena (Córdoba).

Ignacio Colmenares, CEO of Ence, stressed that "the trend of growth of results will continue in the second half of the year, in which we will achieve higher levels of production, both in the pulp and energy business. All this will allow us to exceed our goal of 300 million euros of EBITDA this year." He also stressed that "the prospects for the evolution of pulp prices continue to be very favorable. The strength of demand and the absence of large projects to increase production capacity suggest a scenario of strong prices, at least until 2023.

Ence has increased the capacity of its biofuel plant in Pontevedra by 30,000 t in March and has begun work on the expansion of 80,000 t in the Navia biofactory, which will be completed in nine months.

In the energy business, Ence is investing in 99 MW in energy generation with biomass. The construction of the plants in Huelva and Puertollano is progressing at a good pace, with an output of 46 MW each, to which will be added a third 7-megawatt plant that will be located in one of the Ence plants in the olive grove area. These facilities will become operational by the end of 2019 and will boost the EBITDA of the Energy business to 90 million annually in 2020.

The strong generation of free cash from Ence has allowed € 78 million to be allocated to investments in the Strategic Plan, to pay a complementary dividend of € 16 million and to maintain net indebtedness by the end of 2017. The Group’s leverage level at the end of the semester it is only 0.6 times the EBITDA of the last 12 months. The Board of Directors of Ence has agreed to pay a first interim dividend for 2018 on September 12th for an amount of € 25 million, equivalent to € 0.104 gross per share.

Ence is fulfilling the investments foreseen in its Strategic Plan and is finalizing a new Plan, which will be presented in autumm, to continue generating value for its shareholders, environmental excellence and safety for employees and facilities.

2018-07-25 
Smurfit Kappa worked with global transport provider Scania to replace some of the materials used in its supply chain with paper-based packaging solutions.

The packaging leader was working with the ‘Scania Parts Logistics’ division which is responsible for the distribution of all Scania parts. Scania has a complex supply chain with many different sized products, some of which are particularly fragile.

Scania had a requirement for packaging for truck windows that were currently transported using four different materials, which included wooden pallets and expanded polystyrene (EPS).

Smurfit Kappa used its SupplySmart service to review every aspect of Scania’s supply chain. The analysis was then compared with insights that have been gathered from over 60,000 supply chains to identify opportunities to make sustainable changes.

Smurfit Kappa came up with an innovative new concept that replaced the EPS interior and wooden pallet with honeycomb, a completely sustainable, paper-based material. Along with the switch from multiple materials to a single material solution, the storage space required was cut by 50% which resulted in significant transportation savings for Scania.

Brechtel Coox, Packaging Engineer at Scania Parts Logistics said : "After a comprehensive review of the challenging brief that we presented them with, Smurfit Kappa managed to present us with an ingenious solution that exceeded all our expectations.

“Scania Parts Logistics depends on an optimised supply chain so we can guarantee our customers a first-class service.”

Erik Bunge, CEO of Smurfit Kappa Corrugated Benelux added : "This project was the result of a collaborative process between Smurfit Kappa and Scania Parts Logistics. Our starting point was to see how we could optimise their supply chain in terms of time, costs and sustainability.

“The paper-based solution we came up with which combines corrugated and honeycomb production capabilities within is strong and enables us to deliver an innovative and reliable service to our valued partner Scania.”

2018-07-24 
APP's Perawang Mill, Indonesia: a successful start-up for A.Celli Paper!

A.Celli Paper celebrates with great satisfaction the start-up of three E-WIND® winders for tissue, installed in Indonesia for the customer Asia Pulp & Paper (APP).

In March, a set of new generation E-WIND® T200 winders was installed at APP’s Perawang mill in Indonesia.

The start-up and subsequent running-in all went smoothly, with the customer’s complete satisfaction. It is one of many other successful business machinery equipment partnership through the years that A.Celli Paper is achieving with the world-wide based International Group.

The three new generation winders, being a partial delivery of a larger sizeable order currently under delivery and/or installation, consisting of two E-WIND® T200 winders, a calender and Slittomatic® automatic knives positioning system, and an additional E-WIND® T200 winder.

With this project, A.Celli Paper has offered the customer a giant leap in quality for meeting high and ambitious production targets to increase and strengthen its presence in Indonesia and through the whole Asia.

2018-07-24 
Orient Paper, Inc. Announces Corporate Name and Ticker Changes

Orient Paper, Inc., a leading manufacturer and distributor of diversified paper products in North China, today announced that on July 17, 2018, its Board of Directors approved to change its corporate name to IT Tech Packaging, Inc.

The name change is expected to be accomplished through a short-form merger pursuant to Section 92A.180 of the Nevada Revised Statutes. A subsidiary formed solely for the purpose of the name change will be merged with and into the Company, with the Company remaining as the surviving corporation in the merger. The merger will have the effect of amending the Company’s Articles of Incorporation for the sole purpose of reflecting the Company’s new legal name. In accordance with Section 92A.180 of the Nevada Revised Statutes, stockholder approval of the merger is not required.

The Company has applied to the NYSE MKT to change its ticker symbol from "ONP" to "ITP", to take effect following the effectiveness of the name change. The Company’s common stock will then trade under a new CUSIP number. Trading under the new name, symbol and CUSIP is expected to begin on August 1, 2018.

2018-07-24 
Sappi commits to significant investment programme in KwaZulu Natal economy

Sappi Limited, a leading global producer of dissolving wood pulp, specialities and packaging papers, printing and writing papers and biomaterials headquartered in South Africa, has provided further details regarding capital investments at its Saiccor Mill in Umkomaas, south of Durban. The investments include a R2,7 billion capacity expansion project and a planned R5 billion over five years in various continuous improvement initiatives and upgrade projects.

Explaining the background to the investment decision, Sappi Limited Group CEO Steve Binnie said : “Sappi has seen significant benefits in serving its global customers from its South African operations. Sappi had invested some R4.3 billion from 2012 to 2018 to increase its dissolving pulp capacity in South Africa. This global market has shown such strong growth that Sappi will again increase capacity in South Africa by investing R2.7 billion at Saiccor during 2018 and 2019.”

He concluded by saying : “Sappi, which contributes 1% of South Africa’s total foreign revenue from its South African operations and supplies the fruit export industry with most of their packaging requirements which contributes around 4% to the country’s foreign revenue, is pleased to be able to support President Ramaphosa’s call for significant investment into the South African economy.”

“In addition to expanding capacity” says Alex Thiel, CEO of Sappi Southern Africa “Sappi is planning to invest R5 billion over the next five years through maintenance and upgrade projects to decrease production costs, introduce new technology, optimise processes and future-proof manufacturing systems at Saiccor Mill. These investments will secure the mill’s future by increasing its global cost competitiveness and significant reducing its environmental footprint.”

Thiel confirmed that Sappi was currently in the process of engaging with the relevant authorities and consulting with communities and various other stakeholders to obtain the required support for the planned investments, collectively known as Project Vulindlela ; chosen to emphasise that the projects pave the way for additional future investment.

With reference to the cost and environmental benefits, Thiel stated : “The ongoing cost savings we will derive from these projects amount to at least R300m per annum. With reference to the environmental benefits of the projects, CO2 emissions will be cut in half and waste to landfill will reduce by 48%. In addition, SO2 emissions will reduce by 35% and water use efficiency will increase by 17%. All of this while earning more revenue for the province and country and providing a secure future to our workforce, their families and the communities where they live.”

Saiccor Mill and Sappi Forests which sources and supplies the timber required by the mill are already major contributors to the KZN economy through job creation, community investment, local supplier programmes, world-class research and development facilities and training and development programmes. In total Sappi’s KZN operations comprising three mills, forestry operations and sales and export services provides a direct contribution of some R12 billion per annum to the KZN economy. This number rises to R60 billion per annum when reflecting indirect benefits. Project Vulindlela will add a further R1 billion per annum direct benefit to the KZN economy.

“Saiccor produces dissolving wood pulp from which our customers produce items such as textiles, pharmaceutical, beauty and household products” says Thiel.

Vulindlela will increase the mills production from 780 000 tons to 890 000 tons per year, and is expected to create employment opportunities for local job seekers through construction companies and business prospects for entrepreneurs from the local communities around the Mill. During the peak period of the project, there will be between 2,500 and 2,800 contractors working on site at one time. The projects will include a new evaporator, recovery boiler and screening and washing plant, along with upgrades to bleach plant and pulp machines, improved recovery circuits and additional magnesium digesters.

In January 2018, Sappi launched its Skills Centre near Saiccor Mill to create training and upskilling opportunities for the workforce and for local youth. As part of Project Vulindlela, all general workers seeking employment through Sappi or its contractors will be required to attend training at the Sappi Skills Centre where they will receive basic skills required for job opportunities during Project Vulindlela. This training from Sappi will provide community members with the necessary skills to become more employable or to start their own businesses.

“The commitment we had made and implemented during our previous expansion remains” says Thiel ‘The majority of the workforce will be local community residents employed by contractors on the project”. In addition, many other services and products required during the construction phase and beyond will be sourced from local emerging businesses.

2018-07-24 
Ahlstrom-Munksjö to acquire U.S. specialty paper producer Expera for enterprise value of USD 615 millionHeading

Ahlstrom-Munksjö, a global leader in fiber based materials, has agreed on July 23, 2018 with Specialty Papers Holding, L.P. to acquire Expera Specialty Solutions (“Expera”), a U.S. based specialty paper producer, to expand its presence in North America and further strengthen its offering of advanced custom-made fiber based materials. The acquisition will almost triple Ahlstrom-Munksjö’s net sales in the U.S. and provide a platform for growth. Together Ahlstrom-Munksjö and Expera, combined with the Caieiras acquisition announced in April, generated illustrative combined annual net sales of EUR 2,921 million in 2017. Ahlstrom-Munksjö has secured fully committed financing for the transaction.

The acquisition supports Ahlstrom-Munksjö’s ambition to strengthen its position in selected high-end, value adding areas of the global fiber-based materials market that offer positive growth outlook and are supported by market drivers for more sustainable products and solutions. The acquisition will be earnings enhancing.

The Expera acquisition :

 Transformative acquisition with annual net sales of USD 721 million (EUR 616 million) for 2017
 Significant expansion of North American presence, including new product segments
 Strong platform in the U.S. that provides Ahlstrom-Munksjö with attractive growth opportunities and additional U.S. production capacity
 Pure specialty paper producer in value-added product categories
 Four paper mills with two integrated pulp mills
 Experienced management with a profit improvement track-record
 The purchase price payable is USD 615 million (EUR 526 million) on a cash and debt free basis, subject to a post completion adjustment based upon the level of net working capital and cash and debt in the acquired business on the closing date
 Comparable EBITDA of USD 71 million (EUR 61 million) for 2017. Comparable EBITDA includes USD 3 million (EUR 3 million) of items which will not have a continuous impact on EBITDA such as start-up cost of investment and current management fees.
 Estimated near term annual synergy benefits of approximately USD 10 million (EUR 8 million) with additional potential from planned annual run rate EBITDA of recently finalized investment of approximately USD 11 million (EUR 9 million)
 Dynamic synergies relating to product development and best practice sharing

Expera is highly complementary to Ahlstrom-Munksjö and will provide opportunities for cross-selling and best practice sharing as well as preliminary cost synergies of approximately EUR 8 million (USD 10 million) by year end 2019. In addition, value will be created from joint product development and sharing of best practices. One-time costs related to the achievement of synergies are estimated at EUR 7 million (USD 8 million). Strength in product development will help the company to serve its customers better.

Hans Sohlström, President and CEO of Ahlstrom-Munksjö comments : “We are excited to welcome Expera and their highly talented leadership team led by Russ Wanke to Ahlstrom-Munksjö. Together, our combined, complementary capabilities and expertise will further strengthen our position in fiber-based materials and will enable us to offer even more solutions, value and efficiencies to our customers in North America and around the world. Expera contributes to our global platform with their competences, a high quality offering and a team that drives customer value, innovations and sustainability.”

“As a larger company with a strong balance sheet and greater earnings generation this transaction paves the way for further profitable growth to be carried out both organically and through acquisitions. While the transaction will temporarily increase our debt, over time we see an optimal leverage of around 2x net debt to EBITDA, which gives us sufficient maneuvering space for further development of the company. I appreciate also our continued strong ability to create cash flow as a combined company. We look forward to bringing this transaction to completion and working with the competent Expera team”.

Russ Wanke, the President and CEO of Expera, will become a member of Ahlstrom-Munksjö’s Executive Management Team following the closing. He will be responsible for the acquired operations, which will form a fifth business area and reporting segment in Ahlstrom-Munksjö. Furthermore, Russ Wanke and certain other members of the management team will invest in Ahlstrom-Munksjö shares in connection with the closing.

Russ Wanke, Expera’s Chief Executive Officer, said, “This is the beginning of an exciting new era for Expera’s team and customers. Joining Ahlstrom-Munksjö, a global leader in fiber-based materials, strengthens Expera’s platform and allows for growth in the future. This is an important development for our customers, employees and communities, as we continue to capitalize on the strength of the specialty paper industry worldwide, and provide innovative products with a superior level of service.” Wanke continued, “Our entire team is very excited about Ahlstrom-Munksjö’s commitment to manufacturing excellence and to supporting our innovative business.”

Closing of the acquisition is subject to regulatory approvals and other customary closing conditions. Closing of the acquisition is expected during the second half of 2018.
Financing of the transaction :

Debt financing

Ahlstrom-Munksjö has secured fully committed financing for the transaction. Ahlstrom-Munksjö has secured USD 615 million in bank financing for the acquisition from Nordea Bank AB (“Nordea”) and Skandinaviska Enskilda Banken AB (“SEB”), together acting as Mandated Lead Arrangers, Underwriters and Bookrunners. The acquisition financing consists of (i) an USD 180 million bridge-to-equity facility with termination date 30 June 2019, (ii) an USD 185 million bridge facility with 12 month maturity from the earlier of the closing and 3 months from signing and (iii) an USD 250 million term loan facility with 5 years maturity from the earlier of the closing and 3 months from signing.

In addition, Nordea and SEB have agreed to provide certain back-stop/refinancing facilities in relation to existing financing arrangements.

Rights offering

To finance part of the transaction, Ahlstrom-Munksjö plans to conduct a rights offering of approximately EUR 150 million, which is expected to be launched during the fourth quarter of 2018.

The Company will separately convene an extraordinary general meeting of shareholders (EGM) to authorize the Board of Directors to resolve on the share issue. Shareholders holding in aggregate approximately 35.9% (June 30, 2018) of the shares and votes in the Company, AC Invest Five B.V., a company belonging to Ahlström Capital group, Viknum AB, Belgrano Inversiones Oy, Ilmarinen Mutual Pension Insurance Company, Varma Mutual Pension Insurance Company and Baltiska Handels A.B. have irrevocably undertaken to attend the EGM and vote in favor of the share issue authorization. AC Invest Five B.V., a company belonging to Ahlström Capital group, Viknum AB, Belgrano Inversiones Oy and Baltiska Handels A.B. have further expressed their support and intention to subscribe for their respective pro rata allocation in the rights offering. The remainder of the rights offering will be underwritten by Nordea and SEB, subject to customary terms and conditions.

The proceeds from the rights offering will be used for the financing of the transaction or repayment of outstanding bridge facilities related to the transaction.

2018-07-24 
AMETEK Surface Vision Appoints Divisional Vice President of Research and Development

AMETEK Surface Vision, a world leader in automated online surface inspection solutions, has enhanced its senior management team with the appointment of Dr Shean McMahon to the newly created role of Divisional Vice President of Research and Development.

Acquired by AMETEK, Inc. in 2015, Surface Vision offers web and surface inspection and monitoring solutions, combining powerful software, line-scan camera technology and high- intensity lighting. In addition, it has a deep applications’ knowledge base across process industries, including metals, paper, nonwovens and plastics.

Dr. McMahon is an experienced director of innovation with an accomplished background in developing solutions, creating more than 20 unique digital and information technology products. A physics graduate from the University of California, Santa Cruz, Dr. McMahon attained a doctorate in information and computer science from the University of California, Irvine, and is a former NASA researcher.

Dr. McMahon will head up AMETEK Surface Vision’s research and development teams and build on its reputation for providing market-leading and industry-focused solutions. He will apply his broad expert knowledge and proven problem-solving to the further development of AMETEK Surface Vision’s growing product portfolio of inspection, monitoring and process surveillance systems.

Scott Harrison, Divisional Vice President and Business Unit Manager for AMETEK Surface Vision and AMETEK Land comments, “Shean’s impressive expertise and extensive experience will benefit our customers, as he leads the enhancement of our existing product range and development of new solutions. Congratulations to him on this new role.”

2018-07-23 
Kelheim Fibres’ Viscose Speciality Fibre VILOFT® receives Lighthouse Award from the Bavarian Environmental Cluster

The project “Bio-degradable wet toilet tissue with the viscose speciality fibre VILOFT®” from the Bavarian viscose fibre manufacturer Kelheim Fibres has been awarded the Lighthouse by the Bavarian Environmental Cluster.

2018-07-20 
OptiGroup completes the acquisition of Moonen Packaging in the Netherlands

OptiGroup AB has completed its previously announced acquisition of 100% of the shares of Packagegroup Moonen B.V.

2018-07-20 
Jacques Beauchemin appointed President and CEO of the refining specialist AFT

The Pulp and Paper Industry just gained an advocate for teamwork, naming Jacques Beauchemin as President and CEO of AFT.

2018-07-20 
Progroup selects Voith to supply new Propapier PM 3 packaging paper line

-High performance XcelLine concept as decisive factor to receive contract
-New PM 3 will produce 750,000 tons of testliner and corrugated medium annually
-Start-up planned for 2020

2018-07-20 
Sappi approves construction of demonstration plant for Xylitol & Furfural production in line with strategic biorefinery plans

Sappi announced today further progress in the development of its biorefinery capacity with the confirmation that it will construct a demonstration plant to further scale up its novel Xylex® technology for the production of Xylitol and Furfural.

2018-07-20 
JSC Volga continues to renovate its own rolling stock

In May this year the first six timber flat-cars with dense timber in the quantity of 336 cubic meters, which were bought by the Volga’s management as a part of the new Company’s strategy, came to the Balakhna Paper Mill from the Oparino railway station.

Earlier JSC Volga used the leased flat-cars.

The new flat-cars manufactured by JSC “Altayvagon” due to their technical and economic characteristics are the most optimal because they have the increased loading capacity. If we compare railway transportation indicators, the models of the flat-cars, purchased by the Volga’s management in April this year to create its own railway rolling stock of the Company and to reduce logistic expenses, have already justified their advantages : the volume of the delivered wood raw material in the new flat-cars has increased by 10% under the equal delivery terms (such as distance, the rate for transportation).

Moreover, according to Irina Ikonnikova, a head of the railway transport workshop, in the near future locomotives TGM 4B 0728 and TGM 4B 0980 will be sent to capital and current repairs, and on the site of railway cars cleaning railway lines, railroad switches and two railway crossings are planned to be repaid.

2018-07-19 
APMS confirms its 5th year of presence with the forthcoming delivery of a PM rebuild for the 2nd leading Spanish packaging manufacturer

San Sebastian (Spain) - APMS - Allimand Paper Machine Spain- subsidiary of ALLIMAND Group, designer and manufacturer of paper and non-woven machines, reinforces its fifth year of presence in Spain with the delivery of a new packaging machine rebuild for the second leading Spanish manufacturer, EUROPAC in Dueñas. And the development objectives of the APMS subsidiary go well beyond the Iberian market.... Let’s take a closer look. Packaging machine rebuild
"The original paper machine of our customer EUROPAC dated back to 1972 ... almost half a century !", says Miguel IBAÑEZ, Director of the APMS subsidiary, with over 30 years of experience in the papermaking industry. "Despite its strong potential, one of the weaknesses was the level of dryness of the press section, which penalized production. After careful study and analysis by the ALLIMAND Group R&D center, machine modifications were proposed to the customer and consisted of a complete rebuild.
Production of better quality paper, combined with a 15% increase in productivity
A complete reconstruction of the machine specialized in white-top and test-liner papers was carried out : the introduction of a new S4 ALLIMAND hydraulic headbox with basis weight control by dilution, a new press section with NAOS shoe press, the modification of the first two dryer groups, the complete modification of the reel and a new unwinding station for the winder.
The modifications proposed to the customer to produce better quality paper will also enable Allimand to increase the speed of the machine. On the one hand this is thanks to the improved dry content at the press section outlet and on the other hand thanks to the increased capacity of parent rolls (2.5mm in diameter) ; and this, in order to follow the new pace of the machine. An increase in productivity of more than 15% is thus expected. "We are going from 700 m/minute to 820 m/minute" says Miguel IBAÑEZ.

The machine was delivered in early June.
…Growth prospects beyond Spain
The presence of this subsidiary in Spain was reinforced in conjunction with the signature of a large order for a Non Woven machine a few years ago. The performance of this machine surpasses the contractual guarantees. The EUROPAC Group has 4 sites in Europe, including two in Spain (Dueñas - Alcolea del Cinca), one in Portugal (Viana do Castelo) and one in France (Papeteries de Rouen).
In the medium term, the objective of the APMS subsidiary is to cover not only the Iberian market but also South-West France and Latin America ... Projects in Mexico and Colombia are already underway... To be continued.

2018-07-19 
Green Investment Group acquires windpower project in Ånge

The Green Investment Group, a specialized green energy investor, has acquired the ongoing windpower project in Överturingen in the municipality of Ånge from SCA and Turinge Energi. The supplier of the 4.2 MW turbines will be Siemens Gamesa.

The windpower project comprises the windparks Storflötten and Länsterhöjden north of Överturingen. The 56 turbines will be distributed over land owned by SCA, Sveaskog and private forest owners. The windparks will be completed by late 2019 or early 2020. The project is managed by a local project organization in Överturingen.

”We have developed this project together with Turinge Energi AB”, says Mikael Källgren, President Renewable Energy. ”We are pleased that the project will now be realised by a strong and committed team of partners. The demand for renewable energy is growing and we are glad to contribute with more green electricity that will be produced on SCA land, in line with our sustainability ambitions.”

Green Investment Group is a specialist green energy investor who, together with their parent company Macquarie Group have supported over 200 green infrastructure projects across the world. GIG also supported the development of and invested in Europe’s largest single-site onshore wind farm at Markbygden outside of Piteå.

Mark Dooley, Global Head of Green Energy for Macquarie Capital and the Green Investment Group said :

“We are delighted to support SCA in the development of this market-leading project, helping establish partnerships involving stakeholders from the landowner to the electricity customer, that were needed to move the project from the development phase into construction. This project is the latest example of SCA’s evolving business model and their sustainability strategy in action, we look forward to continuing our partnership with them.”

2018-07-19 
UPM reduces water use at its paper mills

The paper mills are making significant progress towards closing water circulations, which is the ultimate goal.

The UPM Changshu paper mill in China and the UPM Nordland paper mill in Germany are at the forefront of developing new technologies which aim to reduce water use and cut emissions through an intensive research and development programme.

In Germany, UPM Nordland will improve its wastewater treatment by investing in water purification technology. To be able to reuse treated wastewater in the paper mill process, the mill has to remove organic material and dissolved salts.

“After the treatment, approximately 20% of water can be reused in the first phase, which means that the corresponding amount of fresh water, as well as wastewater sent to the river Ems, can be reduced,” says Klaus Reimann, General Manager of Nordland Papier.

“The purified water also has a higher temperature than fresh water, so we can also reuse thermic energy.”

UPM Nordland Papier is the first fine paper mill to use this technology for recycling wastewater.

Taking good care of a scarce resource in China

In China, the UPM Changshu mill aims to decrease water consumption by 50% per paper tonne. In addition, their wastewater discharge is approaching zero emissions.

“We are currently piloting new solutions and technologies, together with partners, to recycle the water after it is released from the wastewater treatment plant. The treated wastewater will be further reused or combined in order to achieve zero discharge,” explains Corinne Le Ny-Heinonen, Manager, Environmental Support, UPM.

In the paper industry, the main methods of water treatment are a combination of mechanical and biological purification processes. After the first sedimentation stage, the water is cleaned biologically. Then it goes to final sedimentation and—if needed—filtration. The main challenge in the process is to remove dissolved organics, as measured by chemical oxygen demand (COD), from wastewater.

In China, UPM’s paper mill is located along the Yangtze River where COD emission restrictions are much tighter than anywhere else. “We respect and comply with the regulations and keep emissions under the limits. Now we are proactively taking one step further and investing in new technologies to reach our own challenging targets,” she says.

Challenging future targets

UPM has set challenging water-related responsibility targets for 2030, reflecting the Global Sustainable Development Goals (SDGs).
Regarding water, UPM focuses on reducing effluent organic load by 40% and wastewater volume by 30% compared to 2008.

“We also aim to use 100% recycled nutrients at our wastewater treatment plants by 2030. In order to reach our targets, we need to look for and develop new technologies,” says Le Ny-Heinonen.

“Each mill operates somewhat differently and the legislation varies from country to country, but we have to take into account the global impact as well.”

“In the pursuit of minimum water consumption and reaching certain emissions limits, we may come to a point where we have to use more energy or chemicals to reach the targets. These measures will have an environmental impact and increase costs as well. That is why we are looking for tailor-made solutions at each mill.”

“The closer we get to reaching our target, the more difficult the next step will be. However, it is worth continuing our efforts,” Le Ny-Heinonen concludes.

2018-07-18 
Ahlstrom-Munksjö strengthens its market position in the tea and coffee filter market by investing EUR 28 million in its Beverage & Casing business

Ahlstrom-Munksjö reinforces its market position and modernizes its production platform in the Beverage & Casing business by purchasing a secondhand Voith paper making line, to be dismantled and transferred to the Chirnside manufacturing site in the UK. The asset, near state-of-the-art, will be installed on the site where Ahlstrom-Munksjö already has extensive competence and product knowledge in the manufacturing of tea and coffee filter paper and fibrous meat casing materials. The financial benefit of the EUR 28 million investment is attractive and include improved product capabilities, increased manufacturing capacity as well as higher production efficiency. Utilizing existing infrastructure at the site minimizes capital expenditure and shortens the installation period for the investment. The machine is expected to be fully commissioned in the beginning of the fourth quarter of 2019.

The new production line will strengthen product capabilities and, combined with Ahlstrom-Munksjö’s extensive offering of biodegradable and compostable solutions, enables growth in the attractive tea and coffee markets. The investment addresses also the constrained capacity situation in all three segments ; coffee, tea and casing, and enables the company to respond to growing end-use demand.

In the tea bag materials market, where sustainable and plastic free alternatives are driving demand, Ahlstrom-Munksjö has a leading position with its Fiber+ offering, which is a plastic-free and compostable solution made without oil based heat seal fibers. In the single-serve coffee market, the company is a niche supplier with a leading position in the sustainable and compostable segment in Europe and making good progress on the US market.

“The investment shows our long term commitment and our ambition to maintain a leading position in coffee, tea and casing papers. I’m also encouraged that sustainability and plastic-free solutions are in strong demand because it gives us a strategic opportunity to leverage our competence and innovation capability, differentiate our offering of advanced custom-made fiber based materials, and strengthen our relationship with our customers” states Omar Hoek, Executive Vice President of Business Area Specialties.

“This investment will allow us to better serve our existing customers whilst facilitating our growth ambitions. Our UK operations, in particular the Chirnside site, has extensive capabilities in tea, coffee and casing. By maximizing our use of the deep product knowledge and skills we can continue to provide innovative and sustainable products to our customers world-wide” states Stuart Nixon, Vice President of Beverage & Casing business.

2018-07-18 
Toscotec and tissue industry leaders join forces at TAPPI to set guidelines for steel Yankee dryers.

Steel Yankee dryers have been operating since 2000, and in recent years, they have become the dominant trend in the tissue industry. At present, the estimated number of steel Yankee dryers in operation worldwide is almost 400 units.

However, to this day, there aren’t any official guidelines regulating their safe operation, proper inspection and maintenance. The National Board Inspection codes for pressure vessels (such as ASME, PED, CSEI, JIS etc.) regulate the design and construction of steel Yankees, but their domain ends with the delivery. End users often demand that SYD checks and services be performed according to TAPPI’s standards, pointing to the need for an internationally recognized set of guidelines. 

In 2015, Toscotec first put forth the idea of creating an official set of standard practices for steel Yankee’s operations. TAPPI has since entrusted the Yankee Dryer Safety and Reliability Committee - Steel Yankee Subcommittee with the task of creating a new TAPPI TIP (Technical Information Paper) dedicated to Steel Yankee Dryers. In parallel, Toscotec has played a key role in helping update the TAPPI reference book Guidelines for Safe Operation and Condition Assessment of Yankee Dryers, which includes both updated contents for cast iron Yankees and steel Yankees. These publications are expected to become available in 2019.

Toscotec North America’s Lead Technical Service Analyst, Troy Kapalczynski is Chairperson of TAPPI’s Steel Yankee Subcommittee. As he explained, “the subcommittee is composed of manufacturers and end users who collaborate to expand the knowledge of Yankee dryers and address key questions about what and how procedures should be done in order to safely operate, properly control and maintain one of the most important equipment of a tissue mill. We are working to give end users the answers they need to optimize their operations”.

Riccardo Pierini, Toscotec’s Customer Care & Yankee Dryer Service Manager, added, “The subcommittee runs a peer-reviewed, highly specialized and technical project. Specifically for steel Yankees, we addressed issues such as inspection guidelines and principles, non-destructive examinations, routine and non-routine inspections, warm-up and cool-down procedures, and boiler water chemistry. In addition, we also developed maintenance and repair practices among other operating and reliability guidelines. These are all fundamental questions for Yankee managers worldwide”. 

As the leading supplier of steel Yankee dryers worldwide, Toscotec is the leading provider of content for TAPPI’s Steel Yankee Subcommittee. In this respect, Toscotec North America’s Area Engineering Manager, Alessandro Rocchiccioli pointed out, “We have 18 years of experience in the design, manufacture, and operation monitoring and service of steel Yankee dryers. With over 200 references, we have TT SYD running across the globe under a wide range of different environmental, pressure and operating conditions. We want to share this experience with the entire tissue industry, because the market has confirmed that steel Yankees are the future and, as an industry, we need a clear regulatory framework, as cast iron Yankees had back in 1992”.

2018-07-18 
Double A Welcomes Korea Forestry Delegation

Bangkok, Thailand– Korea Forestry Service delegation, South Korea, has recently visited Double A’s integrated pulp and paper mill in Prachinburi Thailand to learn about Double A’s Paper From KHAN-NA sustainable business model that helps in solving environmental, community and economic issues at once.

 Double A Senior Executive VP, Mr.Thirawit Leetavorn (leftmost) welcomed the delegation of Korea Forestry Service to visit Double A’s state-of-the-art paper production process and Paper From KHAN-NA model. Korea Forestry Service witnessed how Paper from KHAN-NA (sustainable fiber source from trees grown along unused land between rice paddies) positively impacts farmers and communities across Thailand to earn supplementary income and helps protect the environment through carbon dioxide absorption.

 They had experienced the essence of Double A Community Participation Project from their visit at Yan Nang Wing school – the rural school where they enjoyed the traditional performances from the students and walked around the school to observe where Paper-Trees were planted. After, they visited the farmer‘s KHAN-NA field –where they interviewed and exchanged of views with farmers and village head about how initiative has improved their lives and communities. The delegation learnt about how Double A Paper Trees will mature to become a sustainable raw material for paper production, an additional source of fund for the school and supplementary income for farmers and communities.

In addition, they had an experience to plant their own Double A Paper-Tree on KHAN-NA and gained a better understanding about KHAN-NA program to adapt and apply to their own initiative in Korea.

The 2-day visit includedDouble A Mill tourwhere the Korea Forestry delegation had the opportunity to learn how a sustainable paper is being manufactured by considering environmental impact, starting from the tissue culture laboratory where the tree saplings are being developed, pulp to paper process up to finishing where the paper is made and become Double A paper to provide to customers around the world.

The delegates also impressed by Double A’s concept ‘No Waste is Wasted’ through a 4D animation to see how Double A has managed its efficient and sustainable resource utilization by turning its wastes from pulping process into renewable biomass. Electricity from renewable biomass is used throughout Double A mill, while the excess is sold to the local grid.

2018-07-17 
The doors to PCMC are always open

469 guests, 5 days, 10 demonstrations, 31 interviews, 316,000 rolls produced and collected into 7000 packs and much more… not just numbers but tangible signs of an outcome.

A grandiose outcome that we want to share with you.

Before arriving at PCMC, you were attentive to our previews, you followed us and accepted our invitation. And you granted us your time, your attention.

What we can give you in return is our gratitude, our commitment and our passion. To follow our projects together.

Because while it is true that the doors of It’s Tissue have closed and our company event has come to an end, our doors will always remain open to welcome you, our customers, partners, friends and anyone who wants to share our evolution with us – our Carevolution.

And of course to all those who have yet to come visit us.

Our new innovation is bringing new products, no-core rolls, on the shelves and we would like to show it to you from up close. Together with our Forte technology and our other services increasingly connected to Industry 4.0, to artificial intelligence applied to different aspects of our work.

Our Open House days were the result of our growth path and have yielded true satisfaction and constituted a spur to do more, always looking to the future.

iT’s Tissue is certainly not the end of a destination but rather a starting point to vie towards the future.

We are pursuing this path with new determination : we are an even closer-knit international team, encouraged by the support of 469 more people.

Thank you, Grazie, Спасибо, Danke, Ευχαριστούμε, Gracias, ขอบคุณ, Merci, ありがと, Obrigado, 謝謝 !

Thank you in all the languages of the world from all of us.

2018-07-17 
Valmet revises upwards its net sales guidance for 2018

Due to positive development, Valmet revises upwards its net sales guidance for 2018.

New guidance for 2018 :
Valmet estimates that net sales in 2018 will increase in comparison with 2017 (EUR 3,058 million) and Comparable EBITA in 2018 will increase in comparison with 2017 (EUR 218 million).

Previous guidance for 2018 on March 21, 2018 :
Valmet estimates that net sales in 2018 will remain at the same level as in 2017 (EUR 3,058 million) and Comparable EBITA in 2018 will increase in comparison with 2017 (EUR 218 million).

Valmet will publish its Half Year Financial Review for January 1 - June 30, 2018 on Wednesday, July 25, 2018 at approximately 3:00 pm Finnish time (EET). The company is currently on silent period and will comment its financial performance and outlook next time after the publication of the Half Year Financial Review.

2018-07-17 
Lecta Secures OHSAS 18001 Multisite Certification Status

The company has already begun adapting to the new ISO 45001 standard.

OHSAS 18001 (Occupational Health and Safety Assessment Series) is the most widely used and internationally accepted standard for occupational health and safety. Following the recent publication of the new ISO 45001 standard, which will replace the OHSAS 18001 standard in three years, Lecta has begun the adaptation process with the goal of working to the new standard as of next year.

Lecta had already obtained individual OSHAS 18001 certification for all its mills, warehouses and offices, proof of its commitment to the safety and health of its employees, as well as the goal of continuous improvement shared with the quality and environmental management systems that the company is based on.

Multisite status entails working under a common management system at all Lecta sites, consistently meeting the requirements set by the standard as a whole. Company headquarters will establish the guidelines and make any corrections needed to achieve this goal.

OHSAS 18001 multisite certification acknowledges the effort made by all Lecta employees as well as highlighting the importance that Lecta places on the prevention of occupational risks and good practices in the workplace.

This multisite occupational health and safety certification enables Lecta to reassert its position as a responsible company ready to respond to the most demanding markets, in keeping with its policy of transparency towards its customers, employees and other stakeholders.

2018-07-17 
Sappi to fund research on Artificial Intelligence and bringing carbon emissions to net zero in the paper and pulp industry

Sappi to fund research on Artificial Intelligence and bringing carbon emissions to net zero in the paper and pulp industry as one of the founding partners of The Prince of Wales Global Sustainability Fellowship Programme

Sappi Limited, a leading global producer of dissolving wood pulp, speciality and packaging papers, graphic (printing and writing) paper and biomaterials, is pleased to announce its support as one of the founding partners of The Prince of Wales Global Sustainability Fellowship Programme.

The 3-5 year fellowships, announced last week by the University of Cambridge Institute for Sustainability Leadership (CISL), will attract academics from around the world to identify breakthrough solutions to meet the UN Sustainable Development Goals (SDGs). At launch eight Fellowships have been funded.

The Sappi supported Fellowship will focus on the UN Sustainable Development Goal “Reshaping the future of industry” (SDG9). It aims to build on Sappi’s current engagement with the CISL by investigating how trends of innovation and sustainability will come together to reshape the future of industry – looking at the paper and pulp industry as an initial example and examining drivers including the rise of artificial intelligence and the need to bring carbon emissions to net zero.

Commenting on Sappi’s decision to become a Founding Partner of the Fellowship Steve Binnie, Chief Executive Officer of Sappi Limited, said :
“We have been engaging at a group and European level with Dame Polly Courtice and the CISL team since 2013. They have helped and supported our European industry efforts related to the Green Growth Platform, the development of a new low carbon pulp technology (DES), exploring financing options to support industry’s transformation and investigating block-chain technology for timber certification.” He continued “The challenge for the pulp and paper industry is how to be much more effective than today, both in our journey towards durable sustainability and to the need for economic vitality and employment for future generations. This Fellowship programme and the research it will deliver will help take this work forward. We live in an age of hyper-innovation and we take responsibility for making it work positively. That is why we have chosen a subject which joins the desire and need for sustainable materials with the most revolutionary technology to appear for over a generation – that of Artificial Intelligence. We anticipate that the Fellowship programme will deliver students with a profound knowledge and understanding of these issues which will help drive new solutions for us and others, creating exciting opportunities far into the future.”

CISL, a 30-year old Institute with 80 staff and a network of 8,000 alumni and 250 companies, will host the Fellowship Programme alongside its existing industry collaborations and executive education programmes to foster an exchange of knowledge and ideas.

Speaking at the launch of the Fellowship, Dame Polly Courtice, Director of the CISL said : “The Prince of Wales Global Sustainability Fellowship Programme will create a rich intellectual space for collaboration between researchers and industry as we seek breakthrough ideas and leadership actions to towards meeting the UN Sustainable Development Goals”.

Over and above Sappi’s topic of Industrial Transformation, the other confirmed research topics include Social and Environmental Accounting ; Investing in Sustainable Communities ; Sustainable Health ; Radical Innovation and Disruption ; The Role of Responsible Business in the Community ; Inclusive Growth ; Pathways to a Circular Economy.

2018-07-17 
Mondi Group acquires an Egyptian paper mill

The international manufacturer of packaging and paper, Mondi Group  has announced that it has signed an agreement for the purchase of 100% of the shares in circulation of the Egyptian national company which supplies paper products for a total of 23.7 million euros.

NPP is an industrial manufacturer of bags, which manages a factory in Giza, near Cairo, and mainly serves regional customers.

Mondi is the main industrial manufacturer of bags in the Middle East, which manages four factories in the region.

“The acquisition of NPP”, states Erik Bouts, CEO of Fiber Packaging in the Mondi group, “completes our network of installations in the growing region of the Middle East and puts us in a leading position in Egypt to develop our activity and better serve our customers”.

2018-07-16 
Wildlife monitoring results attest to the excellent environmental quality of CENIBRA's lands - on PaperFIRST app

CENIBRA carries out a number of actions to monitor environmental parameters to be used as quality indicators and assess its operating activities.

Water, soil, vegetation, and wildlife monitoring programs are conducted in partnership with universities and non-governmental organizations. Their results are taken into consideration when planning the company’s operating activities and establishing protection and conservation strategies for its natural heritage, which comprises in excess of 103,000 hectares of native forests. This area is home to a richly diverse wildlife and numerous water bodies and streams.

Studies to orient wildlife monitoring on CENIBRA’s lands were conducted in 2003 and 2004. As of 2005, such preliminary studies were followed by systemic monitoring with the objective of characterizing the bird and mammalian wildlife on the company’s properties.

Surveys were carried out through field sampling covering CENIBRA’s five operating regions deemed the most representative : Belo Oriente, Ipaba, Cocais, Santa Bárbara, and Sabinópolis.

To date, 371 bird and 41 medium and large mammalian species have been identified within CENIBRA’s properties, out of which 25 bird and 12 mammalian species are officially listed as threatened species. Moreover, such studies showed that most species live in forests, which attests to the high environmental quality of the company’s areas.

The study results also highlight the importance of eucalyptus plantations for biodiversity maintenance. In addition to positive aspects with respect to water and soil conservation, eucalyptus plantations work as wildlife corridors between the region’s native vegetation remnants and allow interaction among different animal species.

As recognition for working in line with the highest international standards of excellence, CENIBRA has been certified to standards ISO 9001, ISO 14001, and ISO IEC 17.025. It is also certified by FSC (Forest Stewardship Council) and CERFLOR/PEFC (Brazilian Forest Certification Program). FSC (in the international scenario) and CERFLOR (in Brazil) are independent organizations whose members are representatives from social, environmental, and economic sectors and establish sustainable forest stewardship principles and criteria.

Check out the bird and medium and large mammalian species in danger of extinction, in the state of Minas Gerais, Brazil, and worldwide, that can be found within CENIBRA properties.

Birds in danger of extinction

  • Tinamus solitarius  - Tinamou
  • Crypturellus noctivagus - Yellow-legged tinamou
  • Aburria jacutinga - Black-fronted piping guan
  • Crax blumenbachii - Red-billed curassow
  • Odontophorus capueira - Spot-winged wood-quail
  • Pseudastur polionotus - Mantled hawk
  • Urubitinga coronata - Crowned eagle
  • Spizaetus ornatus - Ornate Hawk-Eagle
  • Spizaetus tyrannus - Black hawk-eagle
  • Jacamaralcyon tridactyla - Three-toed Jacamar
  • Malacoptila striata - Crescent-chested puffbird
  • Pteroglossus bailloni - Saffron toucanet
  • Primolius maracana - Blue-winged macaw
  • Aratinga auricapillus - Golden-capped Parakeet
  • Amazona farinosa  - Mealy Amazon
  • Amazona vinacea - Vinaceous Amazon
  • Drymophila ochropyga - Ochre-rumped antbird
  • Eleoscystalopus indigoticus -White-breasted tapaculo
  • Phibalura flavirostris - Swallow-tailed cotinga
  • Lipaugus lanioides - Cinnamon-vented piha
  • Pyroderus scutatus  -Red-ruffed fruitcrow
  • Sporophila frontalis - Buffy-fronted seedeater
  • Sporophila angolensis - Chestnut-bellied seed-finch
  • Amaurospiza moesta - Blackish-blue seedeater
  • Cyanoloxia brisonii  - Ultramarine grosbeak

Mammals in danger of extinction

  • Callithrix flaviceps - Buffy-headed marmoset
  • Alouatta guariba clamitans - Brown howling monkey
  • Chrysocyon brachyurus - Maned wolf
  • Lontra longicaudis - Otter
  • Leopardus pardalis - Ocelot
  • Leopardus tigrinus  - Tiger cat
  • Leopardus wiedii - Margay
  • Panthera onca - Jaguar
  • Puma concolor - Cougar
  • Puma yagouaroundi -Jaguarundi or eyra cat
  • Tapirus terrestris - South American tapir
  • Pecari tajacu - Collared peccary
2018-07-16 
CEPI : Latest market data demonstrates strong performance for the European pulp and paper industry in 2017

CEPI, the European association representing the pulp and paper industry, today released its annual market and industry review for 2017 which confirms, despite a challenging global environment, the strong performance of industry in Europe.

“The 2017 figures demonstrate that the European pulp and paper industry is achieving a phenomenal turn around. Whether it is production, added value or exports, all key indicators are positive. The current level of investment, not seen since 2005, is indicative of industry’s self-confidence and the acceleration of its transformation.” says Sylvain Lhôte, CEPI Director General.

The latest investment figures also bode well for the industry’s ambitious investment agenda. 2017 exhibited a 7.5% growth of investment from 2016, at over 5 billion euros, which is aligned with the transformation outlined in the industry’s 2050 ‘Investment Roadmap’. 

Consumption of paper is up by 0.5%, a significant increase based on previous trends. Similarly the production of paper and board is up 1.5% from 2016, benefiting from a more favourable economic environment and from conditions promoting sustainable solutions.

Exports were particularly strong tallying a 5.2% increase from 2016, a noteworthy figure in the background of growing international tensions on trade.

Likewise the industry has also proved performant when it comes to paper for recycling. Notwithstanding the introduction in 2017 of the Chinese waste import restrictions, the paper and board recycling rate has increased to 72.3%. This comes in the same year that industry has witnessed a 1.4% increase in the utilisation of paper for recycling.

2018-07-13 
Valmet to supply a third Advantage tissue production line to Lila Group in Turkey

Valmet will supply a complete Valmet Advantage DCT 200 tissue line to the Turkish tissue manufacturer Lila Group in Corlu, 100 km west of Istanbul. The TM3 line will be equipped with all state-of-the-art options available including stock-preparation and an extensive automation package to achieve production with high efficiency and low energy consumption. Start-up is planned for 2020.

Valmet has previously delivered two Advantage DCT 200 tissue lines to the same mill. TM1 started up in 2007 and TM2 in 2012. In addition to the new tissue line, Lila Group also ordered a rebuild of their TM1 and TM2 to Advantage ViscoNip press configuration.

The orders were included in Valmet’s second quarter of 2018 orders received. The value of the order will not be disclosed.

"For us it is important to collaborate with a supplier who understands our demands and has the capability to deliver equipment that can meet our targets for efficient production, low energy consumption and high tissue quality. From our experience, we know that Valmet provides the best technology for our needs. In addition to the new tissue machine, we also have high expectations to improve our operations on TM1 and TM2 with the rebuild of the press sections," says Orhan Ogucu, Chairman of Lila Group.

"The Valmet Advantage DCT 200 concept with the Advantage ViscoNip press has become standard in the Turkish tissue market. We are happy to once again be trusted as a partner, supporting Lila Group’s expansion plans and are looking forward to working together realizing their targets," says Björn Magnus, Sales Director, EMEA, Valmet.

Technical information about the delivery

Valmet’s tissue machine delivery will comprise of a complete Advantage DCT 200 tissue production line with stock preparation equipment and the Advantage tissue technology. The scope will also include an extensive automation package with DCS, QCS and Softness sensor. Start-up, commissioning and training are also part of the delivery.

The new machine TM3 will add a capacity of 70,000 tons of tissue products for the domestic and export market.

2018-07-13 
DS SMITH PLC -Results of general meeting

DS Smith Plc announces that, at the General Meeting held today, the resolution proposed to approve the Company’s acquisition of Papeles y Cartones de Europa, S.A., known as Europac, pursuant to the terms and subject to the conditions contained in the offer document to be approved by the Comisión Nacional del Mercado de Valores (the Spanish Securities and Exchange Commission) (as set out in full in the Notice of General Meeting dated 19 June 2018) was passed as an ordinary resolution.
The voting figures for the Resolution are set out below.

Votes%Votes%Total Votes castVotes Withheld

1. Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld).

2. A vote withheld is not a vote in law and is not included in the calculation of the votes "For" or "Against" the Resolution, nor the calculation of the total votes cast.

3. Any proxy appointments which gave discretion to the Chairman have been included in the "For" total.

The total number of Ordinary Shares in issue as at close of business on 10 July 2018 was 1074584333. Shareholders are entitled to one vote per Ordinary Share held. Votes were cast in respect of approximately 73.86% of the Company’s issued share capital.

Gareth Davis, Chairman, said "We are delighted with the very high level of support from our shareholders for this exciting opportunity for DS Smith. The acquisition has a highly compelling strategic rationale and we expect that it will create significant value for customers and consistent and attractive returns for DS Smith shareholders, strengthening our position as a leading global supplier of sustainable packaging solutions"

2018-07-13 
Swedish research breaks new ground – closer to a commercial paper battery

BillerudKorsnäs and Uppsala University are making paper batteries a reality, paving the way for energy storage in packaging materials.

BillerudKorsnäs and researchers at Uppsala University have together taken an important step towards the future’s paper batteries. Together they have taken basic research based on pure cellulose from algae and developed it to work with the same type of fibre that BillerudKorsnäs usually uses to manufacture packaging material. This development opens up for both inexpensive and eco-friendly batteries. The long-term aim is to enable large-scale production and the future use of paper batteries for applications in areas such as smart packaging.

Technology for large-scale production processes
The development work is being carried out by one of Sweden’s foremost research teams under Maria Strömme, collaborating with BillerudKorsnäs, as a leading company in the development of sustainable packaging technology, in a completely new form.

“What’s special in this case is the model for collaboration between BillerudKorsnäs and Uppsala University that has resulted in technology adapted to large-scale production processes. We’re combining the deep theoretical expertise of the researchers with our understanding of innovation and production technology. By successfully creating a joint platform, we can focus our work on the future, on creating an advanced product that can still be produced in an effective way,” says Lars Sandberg, project manager for innovation at BillerudKorsnäs.

Smart, connected packaging
In the long term, the paper battery opens up possibilities for developing packaging that is both smart and more sustainable. Small paper batteries with sensors can in the future open up for packaging that can be traced through the entire transport chain. This includes, for example, packaging that measures temperature or position in real time and provides information on what is happening with an item during transport.

A paper battery entails many new ways of using packaging and can thus offer exciting opportunities for the packaging industry and BillerudKorsnäs customers that wish to establish systems that safeguard quality and delivery reliability. For example, a light sensor along with a BillerudKorsnäs paper battery could provide information on where in the transport chain a product disappeared from its packaging.

With electrodes based on cellulose from wood fibre, the ambition is that in the future, it will be possible to recycle batteries along with their boxes and make them into new boxes or paper batteries. 

“The paper battery is a key piece of the puzzle in efforts to produce smart packaging that requires small, sustainable power sources. By enabling this type of sustainable packaging, the work on the paper battery is fully in line with BillerudKorsnäs’ vision of challenging conventional packaging for a sustainable future. Storing energy in paper instead of in lithium batteries, for example, allows for bio-based batteries that can form part of a circular system, which provides major sustainability benefits,” says Magnus Wikström, technical director at BillerudKorsnäs.

2018-07-12 
Official opening of plant extensions and new equipment in Limerick

Rigid Containers - Official opening of the plant extensions in Limerick, Ireland

Rigid Containers completes 8 million EUR investment in Limerick, Ireland, and announces plans to increase workforce by 30% in the next two years. The announcement was made last week during the official opening of two major extensions and the launch of new state of the art conversion equipment.

The southern extension is 880 square metres and accommodates a new materials handling system. The western extension consists of a 708 square metre ground floor and a 400 square metre of mezzanine floor. The ground floor accommodates a new gluing machine and ancillary equipment, while the mezzanine allows for more offices, meeting rooms and other staff facilities.

The new materials handling system installed as part of the overall investment consists of three double-bay transfer shuttles, 23 lanes of belt conveyor, additional storage space for what is known as ‘Work in Progress’ (WIP), new corrugator take-off area and a new belt conveyor to feed the Texo rotary die-cutter and the new gluer.
30% growth of production volume since acquisition in 2015

In 2015 VPK Packaging Group bought ICS Europaks as a going concern. Since then Rigid Containers Limerick has operated and grown as a business unit, producing high-end corrugated packaging for industry, consumer goods, food & beverages, pharma & medical, and e-commerce.

Rigid Containers has significantly invested in facilities and technology, and providing sponsorship and support to voluntary groups in Limerick city and county, while pursuing a deliberate procurement strategy that focuses on sourcing local suppliers for non-commodity expenditure.

Mark Munnelly, Rigid Containers Site Director, said, “Rigid Containers has quickly established itself as a centre of excellence for quality service through flexibility and operational excellence. Since taking over in 2015, we have grown our production volume by 30%, with plans for further expansion. While investment in both manufacturing technology and facilities are central to the progress made by Rigid Containers to date, our sustainable competitive advantage lays with our talented and committed 95 staff members, many with over 20 year experience in the industry.
Rigid Containers - Official opening of the plant extensions in Limerick, Ireland

“We are now formulating plans to introduce a third shift that will increase our employee numbers by a further 25 to 30 jobs over the next two years,” Mr Munnelly said.

“We are also committed to the local community, and welcome the opportunities to get involved with voluntary groups and organisations. We are currently sponsoring underage GAA teams in Limerick and Limerick City FC women’s team, so our competitiveness goes far beyond the business park, and our investment in the county’s future goes beyond our 100% sustainable packaging and pursuit of local suppliers where possible.”

Officially opening the newly extended site Jean-Paul Macharis, Chairman and Managing Director of VPK Packaging Group, said, “As a family run business our investment strategy has always been to derive value from long term investment programmes. The Limerick business unit is a perfect example of this approach as we see local management combining capital investment with a realignment of the cost base and operational excellence to underpin our commercial strategy.”

2018-07-12 
Europac improves conditions of its syndicated loan

·Reduction in interest rate of 20 additional basis points and extension of deadline for debt maturity by two years

· Following the latest revision of the syndicated loan, signed in December 2016, the company’s ordinary finance cost dropped by 27%

· Europac has also renewed its commercial paper issue programme on the MARF, increasing its maximum amount from 100 to 200 million euros

This afternoon the Europac Group signed a novation of its syndicated loan, taken out in July 2015 and revised for the last time in December 2016 for a sum of 260 million euros. The agreement between the company and financial institutions means an additional reduction in the finance cost and an extension to the maturity dates of the loan.

The new conditions specifically mean a reduction in the interest rate of 20 additional basis points and an extension of the debt maturities by two years from 2022 to 2024. In this context, the additional credit line now available to the company came with a lower interest rate of 50 basis points.

It should be remembered that the improved conditions tied to the previous novation of the syndicated loan, signed in December 2016, were applied during the whole of last year. Accordingly, the finance cost in 2017 dropped by 48% to 6 million euros. Without taking into account the extraordinary effects, this reduction would have amounted to 27%.

On another note, the Europac Group renewed its commercial paper issue programme on the Alternative Fixed-Income Market (MARF), increasing its maximum amount from 100 to 200 million euros. The aim of this operation is to continue reducing finance costs and diversify sources of finance.

Strength and flexibility

José Miguel Isidro, Chairman of the Europac Group, highlighted that “these two operations, which, in addition to strengthening and making the company’s finance structure more flexible, diversify the sources of credit, reflect the extraordinary financial soundness of the group and the robust management of this matter”.

2018-07-12 
Market pulp producers saw higher profits in the 1Q/18 as pulp prices jump to record high levels, while production costs increased only slightly

Strong pulp markets and record high prices for both softwood and hardwood market pulp resulted in upward price pressures on wood fiber throughout the world in the 1Q/18, reports the Wood Resource Quarterly (WRQ). The Global Softwood Fiber Price Index (SFPI)was up by 3.4% from the 4Q/17 to the 1Q/18, the second highest quarter-to-quarter increase in seven years. Softwood prices rose in all 20 regions covered by the WRQ with the exception of Eastern Canada, where chip prices fell 16% q-o-q (in US dollars).

Hardwood pulplogs saw a more modest price increase than softwood pulplogs, with prices rising the most in Russia, Spain and Finland. The Global Hardwood Fiber Price Index (HFPI)reached a three-year high in the 1Q/18 and was 8.0% higher than in the 1Q/17.

Profit margins continued to improve for pulp companies in the 1Q/18 as pulp prices increased faster than the wood fiber costs. Northern Bleached Softwood Kraft Pulp (NBSK) pulp prices jumped in the 1Q/18 to new record highs, while the crucial wood costs were only slightly higher. This resulted in a record low wood fiber cost percentage of 22.5% of the pulp price. With the wood fiber costs accounting for 40-60% of the total manufacturing costs, market producers can expect healthy returns in 2018.

The wood costs share for Southern Bleached Softwood Kraft Pulp (SBSK) price was also down, dropping to 16.2% . This is the lowest it has been in 25 years, and is mainly due to sharply increasing pulp prices. The SBSK pulp is produced in the US South, Iberia, Latin America and Oceania.

For Eucalyptus Bleached Kraft Pulp (EBK), the wood fiber share fell to 16.1% in the 1Q/18, the lowest cost share since 2003, according to the WRQ. As with the other major pulp grades, it was mostly the result of higher pulp prices rather any substantial changes in wood costs.

2018-07-12 
Toscotec’s MODULO-PLUS fired up at Celupaper S.A., Argentina.

  Celupaper S.A. successfully started up PM4, a new MODULO-PLUS tissue machine supplied by Toscotec, at its Papelera Nicaragua mill, Argentina. The tissue machine started producing sellable paper immediately after start-up and is scheduled to reach the target speed in the following weeks, after careful fine-tuning.

The new MODULO-PLUS produces 65 tpd and it features a single layer TT Headbox, TT SuctionPressRoll, TT SYD-3200MM, TT Milltech-MYH monosystem gas-fired hoods. The scope of supply also includes the approach flow system, the electrification & control system, training, erection supervision, commissioning and start-up assistance.

PM4 is part of a series of repeated orders awarded to Toscotec by the leading South American tissue producer. In 2015, the Italian manufacturer carried out the rebuilding of PM2, an existing Fourdrinier machine, and supplied a new steel Yankee dryer TT SYD-2500MM and the complete steam and condensate system. In 2016, Toscotec supplied PM3, a complete MODULO tissue line.

Mario Speranza, CEO of Celupaper S.A. says, “Thanks to the continued production increase implemented with Toscotec’s plants, we have grown significantly in the South American market. Since 2015, we boosted production by over 100 tpd. Tissue quality, machine efficiency and energy reduction are our key standards of investments in new equipment. Throughout 4 years of close partnership with Toscotec, we have achieved good results with respect to all of these aspects and have continuously improved such results”.

“PM4 project evinced once again the excellent cooperation we have with Celupaper. With every new project, we aim to improve their performances. We worked intensively together on the reduction of energy consumption, starting from the design, with our TT DOES solution (Drying Optimization for Energy Savings) all the way to the fine-tuning of the plants at the mill site. On PM4, we also optimized the layout of the electrical and auxiliary plants, to guarantee better access for the operators to the different areas of the machine" commented Toscotec’s Project Manager Pier Paolo Brunazzi.

2018-07-12 
Kemira increases prices of sizing technologies

Kemira, a global chemicals company serving customers in the pulp and paper industry, announces price increases for sizing technologies globally.

Effective immediately or as contracts allow, the price of FennoSize ASA and AKD based offerings will increase by up to 15%.

The decision is triggered by continuous cost increases of raw materials, energy and logistics, and regulatory compliance requirements combined with limited availability of key raw materials which are used in the manufacturing of these technologies.

2018-07-11 
Smurfit Kappa’s industry-leading commitment to sustainability has been recognised once again by the Euronext Vigeo Eiris index.

The packaging leader was listed on the sustainability index for the sixth year in a row after distinguishing itself for its Environmental, Social and Governance (‘ESG’) performance.

The Euronext Vigeo Eiris index is composed of the 120 highest-ranking listed companies for corporate social responsibility performance. To qualify, companies are subject to examination of their sustainability programme by a team of analysts which reviews up to 330 indicators. Only companies that can produce hard evidence of their sustainability programmes and score highly against industry benchmarks make the final list.

Smurfit Kappa’s annual Sustainable Development Report provides a detailed and transparent update on its ESG performance in five strategic areas of focus : Climate Change, Forest, Water, Waste and People.

In the 2017 report, which was launched earlier this year, the company announced several key sustainability achievements including meeting three targets relating to water, climate change and health and safety ahead of time. The report also revealed that Smurfit Kappa has invested approximately €5 million in social and scientific projects to benefit the communities in which it operates.

Steven Stoffer, Group VP Development at Smurfit Kappa, said : “We are delighted to have been listed on this prestigious index again. For Smurfit Kappa, sustainability is not only about mitigating climate change and reducing inefficiency, it is also about taking a sustainable approach to every aspect of our business.

“With a growing number of investors and funds incorporating ESG criteria into their investment decisions, it’s vital for us to provide this assurance. Many of our customers also expect their business partners to have a genuine commitment to corporate social responsibility and this is something that Smurfit Kappa has won several supplier awards for.”

Smurfit Kappa is also listed on the FTSE4Good, Ethibel and STOXX Global ESG Leaders investor rating systems.

2018-07-11 
Alain Kouck has passed away

Alain Kouck was the president of Editis Group in France since 2002 and President of Culture Papier since 2016. A subsidiary of the Spanish Group Planeta, Editis is the second largest Group in the publishing sector in France.
In 2006, Alain Kouck succeeded Laurent de Gaulle as President of Culture Papier. This association was founded in January 2010 to promote the social and environmental values of paper. Alain Kouck was very committed and involved in this role. He was a great defender of paper and printing industries. “La Papeterie” conveys its sincerest condolences to his family and relatives

2018-07-11 
Metso to publish its Half-Year Review for January-June 2018 on Thursday, July 26, 2018

Metso’s January-June 2018 Half-Year Review will be published on Thursday, July 26, 2018 at about 9:00 a.m. EEST and can be found at www.metso.com/latestreports.

Metso’s Interim President and CEO Eeva Sipilä will present the financial results in an audiocast and a conference call for analysts and investors, held in English, on the same day at 1:00 p.m. EEST. Webcast is viewable at www.metso.com/latestreports. A recording and a transcript will be available at the same webpage after the event has finished.

Conference call participants are requested to dial in five minutes before the event on :
United States : +1 929 477 0338
other countries : +44 (0)330 336 9104

The confirmation code for joining the conference call is 800906.

Metso will not arrange separate event for investors, analysts or the media at its headquarters on the day of the publication.

2018-07-11 

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