Breaking News
Deconsolidation of Venezuelan Operations

Smurfit Kappa Group plc and a wholly-owned subsidiary Smurfit Holdings BV confirm that due to the continuing actions and interference of the Government of Venezuela, SKG is no longer able to exercise control over the business of Smurfit Kappa Carton de Venezuela in Venezuela.

SKCV has been providing goods and services to its customers in Venezuela for almost 65 years giving employment today to almost 1,600 direct employees and generating more employment indirectly. During that time, the Company has operated to the highest business and ethical standards, invested significant amounts of capital in its business, developed a highly progressive Corporate Social Responsibility program and dedicated significant financial support and resources to the education and health of the less privileged members of the communities in which the Company operates. Three weeks ago, nine of the ten Company unions confirmed their support and desire to continue working with SKCV as a result of its good labour practices and compliance with local laws and regulations.

SKG previously reported that the Government of Venezuela took temporary control of the Company pursuant to an order that was notified on 28 August 2018. Following receipt of the Occupation Order, SKG confirmed that it was impossible for SKCV to manage its affairs in a way that complies with its normal business standards and confirmed that as of 28 August 2018, SKCV was no longer responsible for the use of its installations, machinery and equipment, its employees’ safety, that of its surrounding communities, any environmental impact, or the quality of the paper and packaging manufactured in the operations.

Since the notification of the Occupation Order, the Company has been subject to Government interference, including through the arbitrary harassment of its employees by the Directorate General of Military Counterintelligence (or DGCIM) through unauthorised visits which have the effect of intimidating the Company’s workforce resulting in increasing absenteeism. In addition, the Government of Venezuela has arbitrarily arrested two of the Company’s employees, whose immediate and full release is being actively sought through all available means.

In light of these circumstances, and in order to protect the interests of its stakeholders and mitigate operating risks, SKG has notified the Government that full responsibility for the Company’s operations and compliance with all applicable regulations have passed to the Venezuelan State from the date of the notification of the Occupation Order, namely, since 28 August 2018.

SKG and SKCV reserve all of their rights with regard to the Venezuelan Government’s actions and any subsequent State measures under Venezuelan and international law including, without limitation, the right to initiate international arbitration proceedings to protect the interests of its stakeholders and seek compensation for Venezuela’s unlawful measures.

As a consequence of the loss of control over SKCV, the Group will deconsolidate its Venezuelan operations in the third quarter of 2018, resulting in a write down of net assets of approximately €60 million for the Group. As noted in the Group’s 2018 half year results, SKCV represented less than 1% of the Group’s EBITDA in the first six months of 2018.

2018-09-26 
Morcon Tissue Makes Strategic Investment in United Converting’s S-70 Industrial Winder

Morcon Tissue has invested in a new S-70 winder from the world-renowned manufacturer, United Converting. This state of the art piece of equipment will allow Morcon to better service its customers, introduce new products and significantly increase their capacity of wound products. Morcon and UC are very excited to build upon their strategic partnership that began in 2016.

Joe Raccuia, President and Owner of Morcon Tissue stated, “United Converting has truly earned our business the good old-fashioned way. Luca Catoni’s level of professionalism and follow through have been best-in-class. Their equipment has evolved dramatically under Giuseppe Lupi’s visionary leadership and we are blessed to have such a fantastic, innovative partner in UC.”

Morcon’s VP of Sales Laura Morris is also excited to share the news with customers revealing that, “Our new S70 winder will add 1 million cases of new capacity to our towel and tissue offering. Our goal is to be the #1 converting company for the Away-From-Home tissue market, in the eyes of our customers. The new S-70 winder will help make our goal a reality.”

United Converting Srl President, Giuseppe Lupi, said, “We are delighted to support the growth of Morcon with the supply of our S-70 winder line. Under Joe Raccuia’s entrepreneurial leadership, Morcon has grown steadily and has been both a great customer and partner for several years.”

Luca Catoni, United Converting Sales Manager, added, “We feel extremely privileged to support Morcon’s highly qualified and enthusiastic team of professionals in the achievement of their goals. They are becoming a well-known force in the U.S tissue market. The high-tech design of the S-70 stop-start winder enables unsurpassed production output when paired with our T-35S high-density log saw.This delivery is a milestone for UC as it is our 15thwinder line in the U.S.”

Morcon Tissue is building a greenfield site, which will house the new United Converting S-70 winder. This third site will be fully operational in Q1 of 2019.

2018-09-26 
Successful start-up of the Yibin Paper TM2-iDEAL® Tissue Machine

A.Celli Paper celebrates with great enthusiasm the start-up of the TM2-iDEAL® Tissue machine.

The TM2-iDEAL® Tissue machine at Yibin Paper was successfully started-up on September 15, 2018, after an intense period of installation and commissioning. The TM2 is designed for a design speed of 1800m/min, an operating speed of 1600 m/min, and an untrimmed roll width of 2850 mm.

The scope of supply for the tissue machine consists of an Approach Flow system, acomplete set of Cresent Former tissue machines, a MCS control system, an Air system and a Dust Removal system.

The start-up and subsequent running-in all went smoothly. Yibin expressed great satisfaction with the result and were also very praising of A.Celli’s professional work.

The TM2 which was successfully started-up was the first in a big order for five sets of iDEAL® Tissue machines. The remaining four sets are scheduled to be started up by the end of 2018.

By that time, the production capacity of tissue paper will be 120,000 tons/year.

2018-09-25 
Southeast Asia’s biggest packing manufacturer upgrades to latest version of X-Trim and opt-Studio

SKIC is the biggest manufacturer in Southeast Asia with a production of 2.3 million tons of packaging paper annually. Greycon first got involved with SKIC in 2006 when it was contracted to provide scheduling and slitting optimisation in it mills in Thailand. Because of the benefits SKIC has achieved in improved trim, scheduling and machine utilization, visibility, delivery time of orders and supply chain optimisation, SKIC included two new sites to the original project scope. The system is integrated fully with SAP.

Jakkrit Supawatanakul, CEO of Greycon’s Partner in Thailand, Forward Consulting said : “We have enjoyed a long and successful relationship with Greycon. In order to be the leading manufacturer in Southeast Asia, as well as continue to contribute to sustainable progress, SKIC needs to ensure its mills are equipped with the latest technology providing innovative solutions enabling them to maximise efficiencies wherever possible. Due to results and benefits Greycon’s solutions have provided over the years, it is important they remain up-to-date.”

During the upgrade, Greycon installed its new version of X-Trim rewritten in .Net and its new generation of scheduling software, opt-Studio, substituting the old S-Plan installation.

The new version of the software provides :

 Better and faster slitter optimisation with X-Trim state of the art algorithms ; and
 Faster and more user-friendly scheduling functionality which comes with opt-Studio.

Andres Bonelli, Project Manager at Greycon said : “Having been part of the original project back in 2006, it was exciting to roll out the upgrades and experience first-hand how SKIC’s business has grown and evolved over the years.”

2018-09-25 
BOBST continues to invest in its Lyon site

In late June 2018, Bobst Lyon in France broke ground on a new commercial building at its Bron site. It will be used by the company’s entire administrative staff as of early 2020.

The new 177-meter long facility is designed in a pure and contemporary architectural style, in line with BOBST’s corporate identity. This innovative three-level building is designed to promote communication, interaction and creativity within the organization across its 10,200 square meters of office space. Glass façades will provide employees with excellent natural lighting, and the building envelope will offer a high thermal performance. The culmination of a joint consultation process between the architecture firm, works council and staff committees, the interior layout will include a variety of workspaces that meet 21st-century standards for collaborative work.

“Our packaging machines are high-tech products manufactured in a rigorous industrial environment that requires continuous contact between the production workshops, R&D engineers and installation teams,” says Emmanuel Roquet, Chairman of Bobst Lyon. “Having a manufacturing facility that brings together all the company’s services at a single site will help rationalize our structure and enhance efficiency.”

Landscaped space and biodiversity
The project includes plans for the development of a 1,000 square meter pond with a diverse ecosystem, a wooded area with a forest containing 860 oak and maple trees, and tree-covered parking.

The construction of this administrative building is the third and final phase of BOBST’s site renovation project at Lyon. These investments in the future are going into improving company infrastructure (consolidation of manufacturing and logistics businesses and a new commercial building) and developing employee expertise through the Competence Center. Completed in June 2018, this showroom is where customers can come and see full production lines in real operating conditions. BOBST engineers and technicians will also use the Competence Center for training and developing new, innovative machines.

Bobst Lyon has been active in the Lyon region since 1923. With its 750 employees, the company manufactures high-tech packaging machines that combine in-line flexo, die-cutting and folding-gluing processes, and produces corrugated board cases in a single run at a speed of up to 33,000 boxes per hour.

2018-09-25 
Palm invests €500 million at its head office in Aalen-Neukochen

Palm, Germany’s largest family owned business in the paper industry, is planning a huge investment in Aalen-Neukochen to secure the long term future of this site.

A new paper machine with a capacity of 750,000 tons per year will replace three existing smaller machines. The investment will provide for a new raw material and finished goods warehouse, a CHP power plant and an effluent treatment plant. The investment will compliment the environmental, logistics and infrastructure projects of the whole region.

The implementation period will be between 2019 and 2022.

2018-09-25 
Canfor Pulp Announces Extended Production Outage at Northwood Pulp Mill

Canfor Pulp Products Inc. announced today that it will extend its scheduled maintenance outage on one production line at its Northwood Northern Bleached Softwood Kraft Pulp mill located in Prince George, British Columbia. The outage is to enable necessary tube replacements to its No. 5 recovery boiler to rectify damage discovered during routine preventative maintenance inspections.
Based on a preliminary review, the Company currently estimates that the extended downtime will be approximately 70-80 days with a reduction in production of NBSK pulp of 60,000-70,000 tonnes, as well as higher associated maintenance costs. Canfor Pulp will continue to operate the second production line at the Northwood Pulp mill over this period. Due to the mitigation efforts by Canfor Pulp, the temporary outage is not expected to have a material
impact on the financial condition of the Company.

2018-09-25 
Valmet opens a new spreader roll service workshop in North America

To strengthen its service capabilities close to customers in North America, Valmet has expanded the operations of its service center in Neenah, Wisconsin, USA, to include comprehensive spreader roll services. The new spreader roll workshop is ready to serve customers in the pulp, paper, board and tissue industries as of October 2018.

"Our state-of-the-art spreader roll service workshop in Neenah, equipped with the latest designated technology and work areas, provides high quality and fast services to our customers," says Jukka K. Toikkanen, Global Technology Manager, Roll Maintenance, Valmet. "We have, for example, a dust-free clean room for the handling and installation of bearings, which ensures high quality and delivers longer roll running times. We also now perform our own rubber sleeve manufacturing in Neenah ensuring fast, flexible and high-quality services for our customers in every way."

Improved reliability and wrinkle-free runs

Valmet spreader roll reconditioning services result in a clear increase in service intervals and cut overall maintenance costs. In addition to keeping spreader rolls in excellent condition, spreader roll services also ensure optimized roll performance, improved end product quality and reliable, wrinkle-free runs.

In addition to Neenah, Valmet provides spreader roll services from 7 other locations around the world, and has globally serviced several hundred spreader rolls. Apart from spreader roll maintenance, Valmet can provide spare rolls and new spreader roll solutions for all spreading applications in the pulp and paper industry.

2018-09-25 
Alberto Redaelli joins MTC and appointed as Sales Director for the Americas.

  Mr. Alberto Redaelli is the new Sales Director for the Americas for MTC, the global leader in the development, manufacture and sale of interfold/multifold lines and napkins machines for tissue paper products. Mr. Redaelli will directly report to Mr. Andrea Tonini, Global Sales Director - Fold.

MTC is part of the Tissue Business Area of Kӧrber A.G. that together with Fabio Perini S.p.A. and Engraving Solutions are capable, on global scale, to manufacture complete production lines for tissue products : rolls and folds.

Alberto Redaelli has thirty years of experience in the sales field and he comes from OMET. He developed in-depth Technical Sales expertise, and in the specific introducing products and services in new markets.
Redaelli will have the responsibility of promoting the Fold lines in the Americas and he will be supported by a strong sales and engineering team to develop the existing business and new accounts. 

“MTC has – observes Alberto Redaelli - a fantastic portfolio and products that will really make a difference to the range of products a converter needs. Our machines provide cutting-edge technology, top-notch machines and finished products quality, along with speed, efficiency and the highest level of technical service and support. I am very happy to introduce our exciting innovations to customers in the market.”

“MTC has completed our Tissue Business Area strategic vision for the tissue market. Today we are the global partner for our customers with the best solutions product portfolio by far, concludes Oswaldo Cruz, Kӧrber Tissue CEO. We are very satisfied to have Alberto in our Group, and thanks to MTC, our Business Area will continue to keep our customers in the lead.”

2018-09-24 
Valmet to supply new winding technology for Papier- u. Kartonfabrik Varel in Germany

Valmet will supply new winding technology and surrounding equipment for Papier- u. Kartonfabrik Varel GmbH & Co. KG in Germany. The existing winder will be replaced with this new winder to meet the increasing line production of paper machine PM4. The start-up is scheduled for the beginning of 2020.

The order is included in Valmet’s third quarter of 2018 orders received. The value of the order will not be disclosed. The total value of an order of this type is typically around EUR 5-10 million.

"We needed a reliable and high-capacity winder for our upcoming production capacity increases. Valmet’s two-drum winder with Dual Unwinding technology were answers to these needs. Especially, the Dual Unwinding technology was a must to get to the required capacity level," says Thomas Müller, General Production Manager of Papier- u. Kartonfabrik Varel. "Papier u. Kartonfabrik Varel is a medium-sized family owned business. We produce cardboards and corrugated papers for our customers in the packaging industry on the basis of waste paper using state-of-the-art, highly available and reliable technologies. We were convinced of the large number of Valmet’s references of both two-drum winders and Dual Unwinding," he continues.

Valmet’s delivery for the new high-capacity winder area will include an OptiWin Drum two-drum winder with transfer rails, a parent roll turning table, a reel rebuild and an OptiSlush Broke pulper. The winder is equipped with a Dual Unwind two-unwind system. This feature makes it possible to change the parent roll in only one minute giving the winder more capacity. The Dual Unwind sequence is fully optimized and independent of a crane.

The winder with a web width of 5,600-mm will be designed for recycled testliner grades with a basis weight range of 100 - 280 g/m2. The production speed will be 2,700 m/min.

2018-09-24 
United Nations recognises UPM as one of 34 Global Compact LEAD companies demonstrating world-class commitment to corporate sustainability

UPM has been recognised as a Global Compact LEAD company for its strong engagement to the United Nations Global Compact, the world’s largest corporate sustainability initiative. The recognition was addressed to only 34 global companies at the Global Compact Leaders Summit in New York on 24 September 2018.

"LEAD companies represent the highest level of engagement with the UN Global Compact," says Lise Kingo, CEO and Executive Director of the UN Global Compact. "Achieving the Sustainable Development Goals and creating the world we want will not happen without bold actions from the responsible business community," Kingo says.

"Being among the 34 world’s leading companies in sustainability is an outstanding recognition for the work UPM has done in the area of responsible business conduct," says Pirkko Harrela, Executive Vice President, Stakeholder Relations, UPM. "We have had the LEAD status since January 2016 when we were invited for the first time to this distinguished network as the only forest industry company and also as the first Finnish company ever," Harrela continues.

UPM has been a signatory of the United Nations Global Compact initiative since 2003 and is strongly committed to responsible business conduct. "We have a strong basis to promote the core values of the Global Compact Ten Principles covering human rights, labour standards, environment and anti-corruption," Harrela says.

The recognised LEAD companies include companies like Unilever, Nestle S.A., BASF SE and L’Oreal.

To be eligible for LEAD recognition, companies are expected to be a participant in at least two Global Compact Action Platforms. They also need to demonstrate engagement with the initiative and commitment to defining and fostering leadership practices in line with the Global Compact Ten Principles and the Sustainable Development Goals (SDGs). In addition, the companies are to report on their progress on implementing the Ten Principles on annual basis.

UPM has participated in two Action Platforms : Reporting on the SDGs and Decent work in global supply chains. The Decent Work Action Platform members have today published their commitment to advance responsible supply chains and a Baseline Report describing the challenges and opportunities of this area. Read more here.

The Reporting on the SDGs Action Platform has already earlier published two reports and a guidance document for SDG reporting.

2018-09-24 
PAPELEIRA COREBOARD acquires a Pasaban BM 2600 Winder

Papeleira Coreboard S.A., a company that produces 220 tons per day of cardboard for the paper core and angle manufacturing industry, has acquired a BM 2600 Paper Winder as part of its machinery and facilities upgrade project. 

Papeleira Coreboard is part of a group that includes Spiralpack and the paper core manufacturer Cicarsa. After a period of heavy investments to optimize their manufacturing process, they have become the benchmark for recycled paper in Portugal. 

With the cardboard production machine upgraded, the Pasaban BM winder contributes significantly to meeting the objectives set by the company : to produce and convert safely and efficiently 220 tons per day of recycled cardboard. 

The winder is an off-line pope winder equipped with 39 automatically positioned slitters. It converts the cardboard produced by the main PM into narrow reels that will later be used to make “Coreboard” and “Coretissue” cardboard cores. And it has the capacity to process 180 to 700 gsm cardboard at an operating speed of 1500 m/min. 

2018-09-21 
The arbitration proceedings between Valmet and Suzano Papel e Celulose S.A. have ended

Valmet announced on September 16, 2016, that Suzano Papel e Celulose S.A. had filed a request for arbitration against Valmet Celulose, Papel e Energia Ltda, Valmet AB and Valmet Technologies Oy, subsidiaries of Valmet Oyj, claiming approximately EUR 80 million. Valmet disputed the claims brought by Suzano and pursued claims of its own against Suzano.

The parties of the dispute have now reached an agreement and the arbitration proceedings have been closed. The outcome of the agreement will not have significant impact on Valmet’s financial result for 2018.

2018-09-21 
France : Benoît Duquesne succeeds Jacques Chirat as President of Uniic

Benoît Duquesne is the new President of Uniic (Union Nationale des Industries de l’Impression et de la Communication – French Union of Printing and Communication Industries). He succeeds Jacques Chirat, who has been president since 2008. Benoît Duquesne is the President of Tonnelier (in Calvados region), a company specialized in the printing of pharmaceutical inserts.

2018-09-21 
ICT Ibérica turns its new PM22 machine on

On September 12, ICT has successfully turning on its new PM22, thus practically completing the B2 project after 18 intense months.
The new PM22, a Valmet Advantage DCT with capacity of 70,000 tonnes/year, incorporates cutting edge production technologies capable of manufacturing Ultra Quality products featuring significant thickness and smoothness, with high levels of efficiency and remarkable savings in energy consumption. It is the perfect machine to tackle the challenges presented by the tissue market both with regards to Quality and costs.
The B2 Project also included extending the Converting sector, where we have already installed several lines. The roll and napkin lines are operative already while the handkerchief ones are under installation. This investment allows us to widen the commercial range and introduce on the market innovative products featuring ICT style motifs.
The HBW – a new automatic storage system with 25,000 pallet capacity – is already in operation, which will be conducive to improving service quality and increasing stocks, thus complementing the production offer.
The expected time frames since its inception have been complied with, thanks to the contribution by personnel and all the companies of the Group, whose experience, professionalism and commitment have made today’s reality possible.
This investment is aimed at being a leading, World Class Company, in keeping with the Group’s strategy : “being a landmark independent manufacturer of the European distribution, for the confidence inspired by the quality of its products, service flexibility, innovation, social responsibility and sustainability”

2018-09-21 
A new entry in ICT France

Didier Dontenville after several years in FMCG company, joined ICT France as Sales and Marketing Director. Didier started in France in various Sales and Category Management positions ; then he worked as Global Account Director, and finally held positions in emerging European countries for Unilever.

2018-09-21 
Valmet to supply web monitoring systems to Shanying Huazhong Paper in China

Valmet has received orders for next-generation web monitoring systems from Shanying Huazhong Paper Industry Co., Ltd. in China. The full-scale Valmet IQ Web Monitoring Systems will be installed on two paper machines at the company to improve and maintain machine productivity.

The orders were included in Valmet’s first and second quarter 2018 orders received. Typically, the order value of these kinds of automation system deliveries is below EUR one million.

"Shanying has a clear strategy for the Industrial Internet and developing the automation level of its machines, and we are now taking steps forward with this. We believe that with Valmet’s solutions and services, we can improve our product quality and machine runnability, as well as optimize machine efficiency," says Liu Fubin, Purchasing Director of Shanying International Holdings Co., Ltd.

"Valmet is capable of offering complete automation packages, including process controls and quality controls. Valmet IQ Web Monitoring System plays a vital role in developing quality and total machine efficiency. We are delighted to be able to provide all the applications and services that our customer needs to achieve these demanding targets," says Zhutuan Guo, Sales Director, China, Automation, Valmet.

Technical information about Valmet IQ Web Monitoring System

Valmet IQ Web Monitoring System is a tool to improve the runnability of all production machines in the paper industry. Excellent image quality, synchronized video recordings and an easy-to-use operator interface ensure quick root cause analyses of web breaks. Spearhead technology utilized in system components, together with field-tested hardware and professional services, make Valmet the market leader of web monitoring systems.

2018-09-20 
Toscotec Group’s service provider S.TO.R.I. expected to outperform its 2017 record-setting results.

S.TO.R.I., owned by the Toscotec Group, specializes in maintenance services for all minor and major rolls used in papermaking and converting machinery of the tissue and paper industry. In 2017, S.TO.R.I. set a record for turnover in its forty-five year history. This positive performance derives from the strategic synergies achieved with Toscotec, who acquired 100% of S.TO.R.I.’s shares in December 2011. In the period from 2012 to 2017, S.TO.R.I. sustained a 30% growth rate and interim results in 2018 have been confirming this trend, leading to expectations that it will outperform last year’s achievements.
Since 2012, S.TO.R.I. and Toscotec have deepened their long-standing cooperation. By merging S.TO.R.I.’s specialization in rolls maintenance with Toscotec’s engineering capabilities, they accomplished full integration of expertise and higher efficiency in the design and services of roll refurbishing. S.TO.R.I.’s workshop and offices are located inside Toscotec’s headquarters, in Marlia (Lucca).
S.TO.R.I.’s professional experience was built over forty-six years, starting from its foundation in 1972, when it started providing maintenance for papermaking and converting machines. S.TO.R.I. focuses on the inspection, repair and overhaul of not only press rolls but all other rolls, such as forming roll, wire and felt rolls, pope reel drum, and spools. Its mission is to deliver highly specialized services on a continuous basis. The timing becomes important insomuch as customers aim to increase their OEE and reduce maintenance costs.
S.TO.R.I.’s specialists make a precise assessment of the wear conditions of a roll and evaluate its expected performance and risk of failure, so that overhauling can be scheduled efficiently, maximising operation life and minimizing maintenance costs. The majority of S.TO.R.I.’s customers nowadays rely on predictive maintenance. Through regular vibration analyses, S.TO.R.I. estimates the performance trend of a given roll and the possibility of failure. Based on these results, it predicts the period before the next maintenance. This assessment is always a balance of different factors. Drawing on their vast experience, S.TO.R.I.’s specialists can provide the
customer with a number of solutions, factoring in time, quality and cost. Based on the contingent needs of the mill, they apply the best-customized solution at a given moment in time. As a result, S.TO.R.I.’s skilled technicians know the components inside out, including their history, weak points and features, much like a doctor knows his patients.
S.TO.R.I.’s range of highly specialized services include predictive maintenance, preventive maintenance, press roll revision and complete overhauling, dynamic balancing, upgrades and non-destructive examinations (NDE). For press roll overhauling, for instance, the company provides complete service packages, including inspection, repairs and spare parts.
Production capacity exceeds 450 components per year, of which suction press rolls and blind drilled press rolls account for approximately 40%, while the rest is made up of various rolls of tissue, paper and converting machines.
S.TO.R.I.’s client base is twofold. Toscotec-associated business accounts for approximately 20% of turnover and covers Europe, Africa, the Middle East, South America and South-East Asia. Italy-based paper mills and converting companies generate approximately 80% of turnover. Essity, Smurfit Kappa, Lucart, Sofidel, Wepa, Cartiere Carrara, Industrie Cartarie Tronchetti, Industrie Cartarie Pieretti, DS Smith, Renova, The Navigator Company are among its main customers. To this second client base, Stori provides maintenance for equipment supplied by any manufacturer. As a result, S.TO.R.I.’s expertise and experience encompasses a wide range of technical solutions designed throughout the years by all the main suppliers and it equips S.TO.R.I.’s experts with the ability to devise tailor-made upgrades for its customers.

2018-09-20 
Ahlstrom-Munksjö Oyj: Decisions taken by the Extraordinary General Meeting

Ahlstrom-Munksjö Oyj’s Extraordinary General Meeting was held in Helsinki today.
Authorization of the Board of Directors to resolve on a share issue

Ahlstrom-Munksjö has on July 23, 2018 signed an agreement to acquire Expera Specialty Solutions, 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 purchase price payable is USD 615 million (EUR 526 million) on a cash and debt free basis, subject to an agreed post completion adjustment. The Transaction has been described in more detail in the Company’s stock exchange release published on July 23, 2018. The completion of the Transaction is expected during the second half of 2018.

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

The EGM authorized the Board of Directors to resolve on the issuance of a maximum of 20,000,000 new shares pursuant to the shareholders’ pre-emptive subscription right (rights offering). The authorization includes the right for the Board of Directors to resolve upon the issuance of shares that at the end of the subscription period of the rights offering may remain unsubscribed for pursuant to the shareholders’ pre-emptive subscription right to parties determined by the Board of Directors (i.e. in derogation from the pre-emptive right of the shareholders). The Board of Directors is authorized to determine all other terms and conditions of the issuance of new shares.

The authorization is valid until the close of the next Annual General Meeting, however, no longer than until June 30, 2019, and it does not revoke the Company’s share issue authorization resolved upon by the Annual General Meeting held on March 21, 2018.
Resolution on the number of members of the Board of Directors and election of new member of the Board of Directors

The EGM resolved in accordance with the proposal of the Nomination Board that the number of Board members be nine.

The EGM resolved in accordance with the proposal of the Nomination Board to elect Lasse Heinonen as new member of the Board.

Lasse Heinonen was elected for the period ending at the close of the next Annual General Meeting and shall be paid annual fees in proportion to the length of his term of office.

2018-09-19 
Leizan Drum Pulper Delivery in Shanghai Port, China

ZG2750 Drum Pulper is fininish fabrication and sucessfully loading on the vessel and will be shipped by bulk cargo to Russia.
 The Drum Pulper as an effective pulping equipment will be matched with cleaning equipment,screening equipment,low density cleaning system, thickening stage and approach system etc to produce finished clean pulp for paper machine.
 ZG2750 capacity is for 150tpd package paper production line. About its working performance will be shared with all of you in the next stage.

2018-09-19 
Environmental sustainability: Fabio Perini S.p.A. obtains the prestigious ISO 50001 certification

Thanks to energy management the company has already saved over 1,530t. CO2, equivalent to saving 729 hectares of forest

Fabio Perini S.p.A has obtained the prestigious ISO 50001 certification for environmental sustainability. This milestone comes after a journey started in 2012 positioning Fabio Perini S.p.A. among the most cutting-edge companies in the converting sector and beyond.

The company makes a formal statement of its focus on energy issue in the Energy Management System (EMS) document, where it officially commits itself to deploy human, financial and technologic resources to undertake a process of continuous improvement of its energy performances.

« In practice, what have we done ? To start with – says Riccardo Signorini, Maintenance and Capex Manager of Fabio Perini S.p.A.– we deployed steps that can be defined “good housekeeping” such as switching off the overhead cranes at night and using our domotics to reduce waste of electric power and heating. Additionally, through the LSS methodology, we identified the best strategy for a more efficient energy management system, bringing Fabio Perini, as early as 2016, to be awarded the “Italia in Classe A”(Italy in A Class) prize by national Energy Agency ENEA ».

Subsequently, Fabio Perini S.p.A. introduced led lights in the workshops, solar heating to obtain warm water in summer, solar films for the windows facing south and west and finally, one of the air compressors was replaced by a new generation model with inverter.

The results obtained are surprising : since 2015 the company has saved 12% power and 1,530t. CO2, equivalent to saving 729 hectares of forest.

The energy management systems in accordance to the ISO 50001 standards make Fabio Perini S.p.A. a key partner for customers who rank sustainability high among their priorities, helping them in connecting their core business with this perspective.

« The ISO 50001 certification process has been a hard task for us all – explains Riccardo Signorini – but among all our values we also count the pursuit of a sustainable, profitable development model. It’s an exciting challenge as well as a duty. For the next generations as well as for ourselves ».

Obtaining the ISO 50001 certification is surely a prestigious milestone, but at the same time it is the beginning of a virtuous journey for Fabio Perini. This journey we have taken brought us to developing technical devices to be applied to our company’s products, aimed at optimizing energy performances, which at present represent an interesting plus for customers sensitive to sustainability, and a cutting-edge feature for the companies in our sector”, Alessio Galeotti, DNV GL Enterprise Customer Manager, commented.

2018-09-19 
Sappi at FachPack 2018: Paper. People. Possibilities.

Sappi, a leading global producer of packaging and speciality papers today reported it is again exhibiting at FachPack, scheduled for 25 to 27 September 2018 in Nuremberg, Germany. Sappi will be located in Hall 9, Stand 9-260 at the show. The trade show, with a focus on packaging, technology, finishing and logistics, is a key platform for the manufacturer of speciality papers and boards for presenting its innovative and sustainable packaging solutions to a broad European expert audience. Well-known brand owners, agencies, packaging manufacturers, printers and print finishers will be showcasing their latest products and solutions while also seeking new and innovative ideas.

Under the slogan of “Paper. People. Possibilities.”, Sappi will have on display outstanding solutions of applications produced on a variety of packaging papers and boards, ranging from functional papers, flexible packaging and label papers, paperboard and containerboard. Visitors to the Sappi stand can benefit from the expertise of Sappi representatives as well as discuss their specific packaging requirements.

Barrier solutions that protect

At FachPack, Sappi will feature a range of functional papers, including paper-based barrier solutions that protect packaged products from mineral oil contamination, deterioration due to water vapor or oxygen, and grease resistance. “We are looking forward to presenting several new barrier products within our Guard family at the show,” said Kerstin Dietze, Marketing Manager for Sappi’s Packaging and Speciality Papers. “As a leading company in the production of paper-based functional barrier solutions and with our experience and know-how in this field, we have gathered both customer and development insights that are invaluable in developing new barrier products. We are looking forward to speaking about the specific needs of visitors to our stand.”

In addition to barrier papers, Sappi will also be showing a paper based solution with integrated sealing functionality for use in flexible packaging applications. These sustainable sealing solutions feature improved sealing properties. They are completely recyclable, and replace non recyclable paper-poly-laminates and they are also containing a high proportion of renewable raw materials.

Paperboard : Algro Design for premium packaging

Sappi will also have numerous examples of premium packaging produced on its family of Algro Design solid bleached board. This includes high-end packaging for cosmetics, perfume, beverages, confectionary and fashion that have benefited from Algro Design’s high brightness and excellent surface, demonstrating the ability to effectively use any printing or finishing techniques required to set the product apart on the shelf. Brand owners, agencies and designers will be especially intrigued with the possibilities this outstanding board, made from virgin fibres, can open. Visitors will be able to collect a personal copy of the new Algro Design swatch book at the show.

“New at the show for paperboard applications,” Dietze added, “will be our first board solution with integrated functional barrier properties. This will expand the range of applications that can be sustainably packaged in paperboard without the need for plastic or other liners to protect products.”

Solution in corrugated board packaging

Sappi Fusion Topliner for corrugated board packaging will also have a place of pride in the Sappi stand at FachPack. Fusion Topliner features better printability, excellent colour rendering and curl-free results that enable the use of countless finishing options. It fits seamlessly into existing production processes, reducing costs and improving quality. In addition, Fusion Topliner requires 30% to 50% less glue in lamination for reduced glue consumption and faster drying times.

Fusion Topliner is also ideally suited for digital printing applications. While digitally printing in the corrugated board market still comprises a small percentage of overall printing, experts predict double-digit growth rates per year due to the increase in shorter runs and more customized corrugated packaging.

Visitors to the Sappi stand at FachPack will be able to experience the brilliant colors and high whiteness that are possible with both conventionally and digitally printed topliners for corrugated board packaging.

Flexible Packaging and Labels

Sappi will also have on display its broad portfolio of paper-based products for flexible packaging and labels. This product portfolio was recently enhanced with the acquisition by Sappi of the Cham Paper Group, and FachPack will be the debut of this integrated product portfolio now incorporated into the Sappi brand. This includes grades for wet-glue and, self-adhesive labelling and a wide range of coated and uncoated Kraft papers suitable for many flexible packaging applications.

Paper. People. Possibilities

At the Sappi FachPack stand, visitors will be able to experience the industry’s broadest array of high-quality and sustainable paper-based packaging solutions. Sappi experts will be on hand to welcome guests, learn about their business requirements and make suggestions for innovative ways that brand owners, designers, agencies, converters, printers and finishers can utilize these outstanding solutions for business growth.

2018-09-19 
By 2023, Ilim Group will increase its exports to China by 60%

An international conference attended by the largest pulp and paper industry players from Russia and China took place in Baoding, China.

An international conference attended by the largest pulp and paper industry players from Russia and China took place in Baoding, China. The event was organized by Ilim Group and Xiamen C&D Paper And Pulp Co., Ltd. The conference covered global trends in the pulp and board market and key investment projects aimed to increase Ilim’s product volumes through 2022. The event was attended by more than 300 representatives of 120 companies..

Analysts forecast that global demand for virgin fiber will grow by more than 30 million tons by 2030, and the demand for virgin corrugated materials will grow by more than 10 million tons. Over the last several years we’ve seen a strong focus on the environment and reduction of the environmental footprint. .

In 2017, China enforced a ban on the imports of a wide range of unsorted solid waste, which has triggered an increase in the manufacturing of environmentally friendly boards. Meanwhile the demand for packaging products is expected to grow in the next several years driven by improvement in the well-being of the population, domestic market development and expansion of trade, including e-commerce..

The Business Plan of Ilim Group presented to the Chinese partners at the conference takes all those factors into account. Big Ust-Ilimsk is a large-scale project intended to strengthen Ilim’s positions in China through construction of a new KLB line in Siberia. The project will be completed by 2022 to allow Ilim to increase its volumes of kraftliner and other packaging materials by 600 thousand tons per year. At the same time, the Bratsk Mill of Ilim Group is implementing the second stage of the upgrade project, including an upgrade of the KLB line. By the end of 2019, the capacity of the KLB line in Bratsk will grow by more than 100,000 tons per year,.

Upon completion of the project in Ust-Ilimsk and upgrade of the Bratsk Mill, Ilim Group will become one of the largest manufacturers of unbleached packaging materials globally with a total board output of 1.5 million tons per year, bringing its aggregate production output to over 4.3 million tons per year. This will give Ilim Group a leadership advantage as an importer of both bleached pulp and packaging materials to the Chinese market. .

 ”In 2017, we delivered more than USD 1 billion worth of products to the Chinese market”, said Ilim Group CEO Kseniia Sosnina. “And we are ready to move forward. Our key investment projects are aligned with what our customers need. In 2009, our deliveries to the Chinese market reached 1 million tons, while in 2017 we hit the 1.5 million tons’ target. By 2022, we plan to increase our exports to China up to 1.9 million tons. Our strategic goal is to achieve 2.4 million tons in 2023”.

2018-09-19 
Amcor announces US$25 million capital investment, plans for workforce growth

Amcor, a global leader in high-quality flexible packaging solutions, has announced plans to invest more than $25 million to upgrade its Madison facilities starting in 2018 and into 2019 to expand capacity, improve quality and reduce waste while updating technology.

The planned investment includes the acquisition of new machinery and updates to existing infrastructure to enable expanded service offerings for customers in the medical, pharmaceutical, food and home/personal care markets.

To mark the start of the expansion, the company’s Madison Plant will host a ground-breaking ceremony on Thursday, Sept. 20, at 12:30 p.m. Among dignitaries on hand to mark the start of the expansion project and attendant investment will be Wisconsin Lieutenant Governor Rebecca Kleefisch, and Amcor Flexibles Americas President Tom Cochran.

“We are excited and proud to be growing in Wisconsin for our customers in North America, and to be investing in support of our winning teams and products,” said Amcor’s Mr. Cochran.

Amcor and Neenah-based Bemis announced in early August an agreement for Amcor to acquire Bemis and combine the two companies. Bemis is more than 4,500 employees in Wisconsin.

According to Amcor Flexibles Madison General Manager Timm Goodmanson, the expansion is expected to result in a close to 50 percent increase in employment at the plant.

In addition, Mr. Goodmanson said the project is also expected to bring more than 150 construction jobs to Madison spread across general contractors, subcontractors, and local and Wisconsin-based suppliers.

To fill more than 20 immediate openings, Amcor Flexibles Madison will host a job fair at the plant on Saturday, Oct. 13, from 9 a.m. to 1 p.m. Current needs include both entry-level and highly skilled manufacturing positions. The plant is located at 4101 Lien Rd. in Madison.

“We are looking for more great team members to help us achieve our tremendous potential,” said Mr. Goodmanson. “We’ve got a great workforce, made up of people who are committed to safety, believe in delivering excellence for our customers and have real opportunities to grow at Amcor.”

As part of its commitment to the Madison community, Amcor partners with local organizations, such as the Wisconsin Economic Development Corporation and the Workforce Development Board of South-Central Wisconsin to foster local economic growth and provide training, development and good manufacturing opportunities for residents.

2018-09-19 
Fibria included in 2018-19 portfolio of Dow Jones Sustainability Emerging Markets Index

Fibria is the only company in the Forest & Paper Products industry to have been a component of the DJSI Emerging Markets since its inception

Fibria, a Brazilian company that is the world’s leading producer of eucalyptus pulp from planted forests, once again was selected as a component of the portfolio for 2018-19 of the Dow Jones Sustainability Emerging Markets Index (DJSI) of the New York Stock Exchange (NYSE). Fibria was the only company in the Forest & Paper Products chosen from among the companies analyzed.

Fibria has been a component of the DJSI index, a key sustainability reference in international capital markets, since its inception. The announcement of the portfolios for 2018-19 was made by RobecoSAM, a Swiss-based independent company focused on sustainability investing, which selects those companies with best practices in areas such as corporate governance, environmental management, human capital development and social engagement.

“Being included yet again in the DJSI confirms Fibria’s solid sustainability performance. The achievement is the product of team work and constant evolution and represents well merited recognition of all of our professionals who make the company an industry reference,” said Fibria’s Chief Financial and Investor Relations Officer, Guilherme Cavalcanti.

2018-09-19 
Placement of Sulzer treasury shares

Sulzer has launched on September 18, 2018 the placement of up to 5 million treasury shares it acquired on April 12, 2018 from its former majority shareholder Renova.

he shares will be offered to investors in Switzerland and to institutional investors outside of Switzerland in reliance on Regulation S under the U.S. Securities Act of 1933, as amended (the Securities Act), and in the United States only to qualified institutional buyers according to Rule 144A under the Securities Act. The price of the placed shares will be determined in an accelerated bookbuilding procedure.

UBS and Credit Suisse are acting as Joint Bookrunners on this accelerated bookbuilding placement.

2018-09-19 
Essity continues the optimization of its production in the United States

To further increase the efficiency of the Professional Hygiene business, Essity is closing its converting facility in Bellemont, Arizona, United States.

The closure will be completed in the second half of 2019 without any disruption to customers. Production will be reallocated to other Essity production facilities in the United States. The measures are aligned with the company’s strategy to optimize the production footprint to improve cost and capital efficiency and further increase value creation in the Professional Hygiene business area.

The restructuring costs are expected to amount to approximately SEK 150m which is expected to be recognized as an item affecting comparability in the third quarter of 2018. Approximately SEK 30m of the restructuring costs are expected to impact cash flow.

2018-09-19 
A.Celli Paper presents the new shell in seamless steel for the Yankee Dryer

The Conference & Expo “Tissue 2018”, organised by Tappi e Risi, has been scheduled again for this year.

It will be held at the Fox Cities Exhibition Center (FCEC) in Appleton (WI) – USA between the 2nd and 5th of October.

The event brings together top-level speakers and professionals in the world of “Tissue”, and the Product Manager for the Yankee Dryer at A.Celli Paper will be taking part this time. Mr Clive Butler has prepared a speech on the patented iDEAL® FORGED YD : the possibility of making the shell of the Yankee dryer out of seamless steel.

In addition to the obvious advantages of steel over cast-iron, the seamless shell has : high manufacturing quality, greatly reduced mechanical issues and maintenance, an undisputed increase in reliability, lower consumption and enhanced operational safety. All these aspects will be covered during the conference.

An overview of the production process involved in making these shells of the Yankee Dryer will also be presented.

2018-09-19 
SCA has developed a new sustainable sizing additive to produce water resistant paper

The innovation concerns a sizing additive that SCA has developed to improve the production of water resistant, hydrophobic, paper. The additive can be produced in a green sustainable manner. The development work is still ongoing and no decisions have not been taken regarding commercialization.

With the new sizing additive it could be possible to replace the addition of commercial sizing agents in the paper production. The resulting paper exhibit improved water resistance and UV-light stability.

Since the depolymerized lignin can be produced from byproducts from a pulp mill the resulting sizing additive is sustainable and cost effective.

More about the new product
The product comprises a blend of depolymerized lignin and cationic polysaccharide which is added to a lignocellulosic pulp suspension containing aluminum salt at the wet end of the paper manufacturing process. The development work has been a collaboration between SCA R&D Centre and the Kraftliner business.

2018-09-18 
Holmen acquires Långvind forest holding

Holmen has entered into an agreement to purchase a large contiguous forest holding in Hälsingland, central Sweden, comprising 5 700 hectares of productive forest land for SEK 285 million.

2018-09-18 
Valmet hosts a Capital Markets Day today, September 18, 2018 in Helsinki

Valmet hosts a Capital Markets Day for institutional investors and analysts today, Tuesday, September 18, 2018 in Helsinki. The aim of the event is to provide information and an update on Valmet’s progress in strategy execution and business outlook. Valmet’s strategy and financial targets remain unchanged.

"We have made consistent progress in our strategic focus areas and financial performance. Valmet’s market position is strong and our offering, which combines process technology, services and automation, is unique. We are continuously developing and improving our technology, processes and personnel, while keeping customers at the core of Valmet’s operations. Our systematic work for building the future continues", says Pasi Laine, President and CEO of Valmet.

Presentation material and webcast

Live webcast of the Capital Markets Day will begin at 12:00 noon EET at www.valmet.com/cmd2018. The presentation material will be available at the same address at approximately 11:00 am EET. A recording of the webcast will be available on Wednesday, September 19, 2018. The language of the event and material is English.

2018-09-18 
BillerudKorsnäs appoints acting Chief Financial Officer

BillerudKorsnäs announced today that Kristina Schauman is appointed acting Chief Financial Officer. Kristina will take office on November 1 2018.

As previously announced, BillerudKorsnäs current Chief Financial Officer (CFO), Susanne Lithander, is leaving her position in the company. Kristina Schauman will take office as acting Chief Financial Officer on November 1, 2018, during the recruitment of the permanent Chief Financial Officer. Since 2014, Kristina has served as a member of BillerudKorsnäs’ Board of Directors and as chairman of the Board’s Audit Committee. During the time Kristina is acting Chief Financial Officer, she will resign from the Audit Committee.

Kristina Schauman, born 1965, holds a degree in business economics from the Stockholm School of Economics and has held various financial managerial positions in Stora Enso, ABB and Investor and top executive positions in OMX AB, Carnegie Investment bank and Apoteket AB.

2018-09-18 
Metso celebrates its 150th anniversary

In 2018, Metso celebrates its 150th anniversary. The story of Metso started in 1868 as a local ironworks, and is linked to the development of urban environments and the modern way of life

Metso has evolved through a series of mergers, acquisitions and divestments. With our own operations in more than 50 countries and over 12,000 dedicated professionals working for us, Metso today is truly a global industrial company providing the world’s mining, aggregates, recycling, and process industries with innovative solutions for the sustainable processing and flow of natural resources.

During its 150 years, Metso has been in many businesses, ranging from steam engines, locomotives, car manufacturing, forest machines, and pulp and paper machines, to valves, metal and waste recycling equipment, and solutions for rock and mineral crushing and screening, to name but a few.

One of our core areas of expertise today is aggregates and minerals processing : key ingredients for the construction and manufacture of the infrastructure, housing and consumables needed for growing populations and urban areas. The first innovations that kicked off mechanical crushing and screening processes in the mines and quarries were introduced in the 1800s. Bruno Nordberg, a Finnish migrant who settled in Michigan in the US, produced some of the first crushing equipment for mines. In 1928, Nordberg acquired the Symons cone crusher technology, an innovation that revolutionized crushing practices in the mines and quarries. Bergeaud & Bruno was established in France in 1895 to manufacture crushing equipment, and in Tampere, Finland, Lokomo produced its first jaw crushers at the beginning of the 1920s. These industry pioneers are all key components of our DNA.

The amalgamation of Svedala Industri Ab into Metso in 2001, and the introduction of solutions like primary gyratory crushers, grinding mills and vertical shaft impactors was elemental in the creation of a full-scope offering for crushing and screening. Thanks to our strong installed base and close cooperation with our customers, we have been able to continuously develop our services, equipment and systems to best meet the needs of our customers. Our latest innovations - like Life Cycle Services, energy-efficient HRC® high-pressure grinding technology, MegalinerTM mill linings, the MXTM Multi-Action cone crusher and Lokotrack® Urban(TM) jaw crushing plants - have quickly become household names among our customers around the world. Digitalization, sustainability and energy-efficiency are some of the focus areas in our current R&D projects. The Metso Metrics concept, which comprises of a cloud-based, remote monitoring and data visualization service for mobile crushing plants, will soon be introduced to mining and recycling processes, too.

Metso is probably the only company in the world that can say that it has been providing equipment and services for the recycling business already for 100 years. With the importance of the circular economy increasing, recycling is more important than ever. Metso is in a good position to provide the necessary equipment and services to handle virtually any type of waste or scrap metal. Our metal recycling offering rests on a strong platform built on the LindemannTM, Texas ShredderTM and N-SeriesTM technology, covering a wide range of efficient solutions for the fragmentation, compaction and separation of different types of metal scrap. We are also one of the world’s leading suppliers of solid waste recycling equipment, thanks to the acquisition of M&J Industries in Denmark in 2010.

In flow control, our solutions are built on innovative Neles® and Jamesbury® valve solutions. Neles Oy was established by Antti Nelimarkka and Eino Santasalo in 1956. The first Neles valves were originally designed for the needs of the pulp and paper industry. Soft-sealed Jamesbury valves, Mapag® valves (now part of the Neles product portfolio), valve controllers and globe valves were later added to the portfolio to complement the offering. Today, various process industries - often located close to urban areas and including, for example, pulp and paper, chemicals, energy, gas processing and LNG, industrial gas, and refining - rely on our flow control products and services to run their processes safely and reliably.

Photo exhibition to celebrate the anniversary

To celebrate our 150th anniversary, we have organized a photo exhibition illustrating how Metso has taken part in shaping and building the modern world.

The exhibition will feature photos, stories and insights into how the world and the industry we work with have changed over the time. The focus is on three main themes : Building urban environments, Enabling the modern way of living, and Reaching for the future. There will also be a display of the #Kivikone (Rock machine) photo competition.

The opening event will take place on Tuesday, September 18 at 16.30 - 17.30 pm at Sanomatalo’s Mediatori. Our interim CEO and CFO Eeva Sipilä will open the event, after which #Kivikone photo competition winners will be announced by nature photographer and author Kimmo Ohtonen and Metso’s Communications Specialist Pauliina Tiainen.

The Metso 150 photo exhibition is open to the public from September 18 to September 30 at Sanomatalo, Töölönlahdenkatu 2, 00100, Helsinki, Finland. The opening hours of the exhibition are 7.00 - 20.00 from Monday to Friday and 9.00 - 20.00 on Saturdays and Sundays.

2018-09-17 
Valmet Advantage DCT tissue production line successfully started up at Velvet CARE's mill in Poland

Velvet CARE’s Klucze mill in Poland has successfully started up a Valmet-supplied Advantage DCT 200HS tissue production line. As one of the largest and most modern tissue lines in Eastern Europe, it will help Velvet CARE to strengthen their position as a leader in tissue production in Poland, and Central and Eastern European markets.

"This is a most joyful milestone in Valmet’s and Velvet CARE’s ’s joint effort to boost tissue quantity and quality of Velvet’s production," says Hans Englund, Project Manager, Valmet.

"We want to ensure that our products meet the highest requirements in the homes of the Poles, every day. The reliable and efficient Advantage DCT technology from Valmet will help us accomplish that," says Artur Pielak, CEO, Velvet CARE.

"Just like Valmet, Velvet has its focal point set on future development," Marek Sciazko, Director of Klucze Mill, adds. "The Advantage DCT tissue making technology empowers that vision by setting the table for quality tissue grades fit for the future. We have already started to improve the cost efficiency of the production by changing the settings of the process and machine".

Valmet’s Advantage solutions are designed to meet tissue producers’ challenges of today as well as of tomorrow. Valmet has until today delivered 80 Advantage DCT production lines. The concept is well-known for its high efficiency and ability to manufacture most types of conventional tissue with the highest quality - making it a popular choice for tissue professionals worldwide.

Valmet’s scope of delivery includes a complete Advantage DCT 200HS tissue production line with a design speed of 2,200 m/min. The machine is 5.6 m wide, making it one of the largest machines in the Central Eastern European market.

Stock preparation systems and auxiliary equipment were also included, and the machine is equipped with an OptiFlo headbox and a cast alloy Yankee cylinder. Furthermore, it features an Advantage ViscoNip, AirCap hood with Air system, WetDust system and a SoftReel. Valmet has also delivered basic and detailed mill engineering. An automation package including DCS (distributed control) and QCS (quality control) systems, was also a part of the delivery.

2018-09-17 
Beyond Fossils crystallises UPM's position as the leading supplier of renewable and responsible solutions

UPM’s new brand promise, UPM Biofore - Beyond fossils, captures the company’s strong commitment to a future which is not dependent of fossil raw materials. The new direction is a natural continuation to UPM*s purpose of creating value from the limitless opportunities of bioeconomy.

Global megatrends, such as urbanisation and the growing middle class in the emerging markets, represent many long-term growth opportunities for UPM’s businesses. Climate change, environmental concerns and the scarcity of non-renewable raw materials are driving societies and businesses all over the world towards the use of renewable, non-fossil raw materials and circular economy. They are also driving demand for renewable and responsible solutions and new technologies.

"Our innovations are based on renewable wood fibres and biomolecules that provide viable alternatives to fossil-based solutions. We constantly look for new business opportunities and end-uses of forest biomass to meet the growing global consumer demand. As a leader of the bio-based forest industry, we provide solutions to global challenges while at the same time create value to our stakeholders," says Elisa Nilsson, Vice President, Brand and Communications of UPM.

The position is launched via extensive communications and marketing, starting from UPM’s main markets. "With the new statement, we communicate a clear vision of our way forward. As a globally leading company in this industry, we want to show the way and inspire our stakeholders on a journey towards a future beyond fossils," says Elisa Nilsson.

2018-09-17 
BillerudKorsnäs Capital Markets Webcast 2018: “Unlocking the Potential”

“Unlocking the Potential” is the main theme of BillerudKorsnäs’ Capital Markets Webcast on 17 September 2018. During the webcast, BillerudKorsnäs will provide a strategy update including more insights into the Next Generation and Production Excellence programmes. The group’s long-term financial targets remain unchanged. In addition, new KPIs to measure the group’s progress over the next years will be presented.

BillerudKorsnäs estimates that global demand for sustainable packaging solutions will remain strong, with a growth rate in the packaging market of approximately 3% CAGR. Following a long period of large investments, driven principally by the new KM7 board machine, BillerudKorsnäs is ready to unlock its potential and strengthen its leading position.

Next Generation is close to completion and entails the construction of KM7 and renovations to the existing pulp mills. As well as adding new capacity, this will also contribute to more focused production facilities. The total investment for KM7 is expected to amount to SEK 7.6 billion, which is higher than the previous estimate due to increased costs for the civil and construction project as well as negative currency effects. The machine will be started in March-April 2019 and is expected to produce 240 ktonnes in 2019 and 390 ktonnes in 2020. The group’s total capital expenditure is expected to amount to SEK 5.3 billion in 2018 and SEK 2.75 billion in 2019, and will level out at SEK 1.3 billion in 2020.

BillerudKorsnäs will continue to pursue its strategy for sustainable solutions and profitable growth, with focus on position, innovation, sustainability and effectiveness. To unlock its full potential over the next years, the group will follow an agenda of prioritised activities aimed at securing the successful ramp-up of KM7, safeguarding the wood supply, stabilising production, enhancing effectiveness, and accelerating innovation and solutions. BillerudKorsnäs has identified certain KPIs to monitor the progress of this work.

“Sustainable packaging has a bright future and BillerudKorsnäs is in a position to increase the pace of challenging the conventional with new solutions. I look forward to presenting our priorities for the next few years, with an agenda that reflects our strong potential”, says Petra Einarsson, BillerudKorsnäs President and CEO.

Unchanged long-term financial targets
BillerudKorsnäs will continue to pursue the following long-term financial targets :

- Organic growth of 3-4% per year
- The EBITDA margin should exceed 17%
- Return on capital employed should exceed 13%
- Interest-bearing net debt in relation to EBITDA should be below 2.5
- The dividend should amount to 50% of net profit

For the new divisions, average annual growth (CAGR 2017-2023) is expected to amount to 0-2% for Paper, 4-5% for Board, and 15-25% for Solutions.

KM7 financial impact

- Expected total impact on EBITDA from KM7 ramp-up :

 2019 SEK -500 million
 2020 SEK -200 million
 2021 EBITDA positive

BillerudKorsnäs has set the following KPIs to simplify measurement of the group’s progress over the next years :

- An improvement of 4 percentage points in overall equipment efficiency (OEE) over the next 2 years, equivalent to an EBITDA improvement of SEK 100 million for each percentage point
- A reduction in lost time injury frequency rate (LTIFR) from 7.7 in 2017 to less than 1.5 in 2023
- An increase in new product ratio (NPR) from 7% in 2017 to 15% in 2023

Market outlook Q3
In the Capital Markets Webcast, BillerudKorsnäs will also provide an update on the market outlook for the third quarter of 2018 :

- Demand and order situation are expected to continue to be strong, with normal seasonal variations for all business areas
- Possibilities of selected sales price increases remain
- Demand-driven wood cost increases are expected to continue
- The financial impact on Q3 2018 from the wood shortage is estimated to be SEK -40 million

2018-09-17 
Study finds: Paper sacks are better for the climate

Paris/Stockholm : The carbon footprint of paper cement sacks is 2.5 times smaller than the carbon footprint of form-fill-seal (FFS) polyethylene cement sacks. This is the outcome of a comparative study by the Swedish research institute RISE on behalf of the European Paper Sack Research Group (ESG), a collaboration between CEPI Eurokraft and EUROSAC. It also concludes that the paper cement sack is more climate-friendly and energy efficient. An infographic captures the most important findings.

The study by RISE compared the life cycle inventories (LCI) of a typical European 25 kg cement paper sack with a typical European 25 kg FFS polyethylene cement sack. It focused on different environmental influences of both packaging solutions : overall carbon footprint and fossil energy consumption as indicators of climate change and other environmental parameters, namely emissions to air and to freshwater. The study was peer-reviewed by Intertek. Its key result concerning climate change – the most important challenge of our planet today – was that the paper sack is clearly the favourable option.

Better overall carbon footprint

With 71 g of carbon dioxide equivalents (CO2e) emissions from cradle to gate, the carbon footprint of paper sacks is 2.5 times smaller than the footprint of plastic sacks which totals 192 CO2e. The higher amount of fossil CO2e from the plastic sack is comparable to the emissions of a laptop (with a power consumption of 25 W) running for nine hours. Also, when extending the boundaries to consider the end-of-life scenarios – whether landfill, incineration or recycling – the paper sack’s carbon footprint is smaller.

More efficient fossil energy consumption

Regarding the consumption of fossil energy in the production process, the study concludes that the paper sack is the more climate-friendly solution. The production of a cement plastic sack uses 4.72 MJ of fossil energy per sack as fuel input. This is approximately five times more as is consumed to produce a cement paper sack (0.97 MJ of fossil energy/sack). That means, you can produce almost five paper sacks with the same amount of fossil energy consumed to produce only one plastic sack. The study shows that the paper sack system uses more renewable energy sources (0.19 MJ of renewable energy/sack) to fulfil its production energy needs compared to the plastic sack (0 MJ of renewable energy/sack). In terms of fossil resources used as raw material within the sack, the paper sack uses even 18 times less fossil resources (0.18 MJ of fossil energy/sack) compared to the plastic sack (3.19 MJ of fossil energy/sack).

Mixed picture for other environmental parameters

When looking at the study results of other emissions to air and emissions to freshwater during the production process, a conclusion as to which of the two packaging choices is better for the environment cannot be drawn. Paper sacks and FFS polyethylene sacks have different emission profiles because they use different raw materials, processes and energy mixes and have different energy requirements. In some respects, the paper sack shows better results, in others it is the plastic sack. One example : Regarding the emissions into freshwater, the cement plastic sack emits more heavy metals whereas the cement paper sack emits more organic substances.

Continuous improvements in carbon footprint

The regularly conducted carbon footprint analysis by RISE of the value chain of an average European paper sack also shows a convincing outcome : alone between 2007 and 2015, the CO2e emissions have improved by 22%, exceeding one of the EU climate targets for 2020 five years prior to this date, namely that of reducing greenhouse gas emissions by 20% compared with 1990.

2018-09-14 
Corenso China: new General Manager to take the lead & investment in Foshan to strengthen product offering in South China

Corenso is pleased to welcome Mr Simon Xie as the new General Manager of Corenso China. Simon will lead the three core plants in Hangzhou (Zhejiang province), Suzhou (Jiangsu province), and Foshan (Guangdong province) as they pursue our strategy for future development and growth in the region. As part of this plan for growth, we are pleased to announce that a new production line has been installed in Foshan to manufacture parallel wrapped seamless cores, meeting the highest requirements of the flexible packaging industry.

Simon’s predecessor as General Manager, Ms Meihua Fang, who has done a great job in developing and leading the Chinese operations through often turbulent market conditions, will begin a well - deserved retirement.

2018-09-14 
Mitsubishi to show coated specialty papers for the label and packaging industry at Labelexpo Americas 2018

Mitsubishi HiTec Paper offers a large range of excellent coated specialty papers ; worldwide and for a variety of applications. At Labelexpo Americas 2018 (25 – 27 September 2018, Chicago), the Germany-based company will show its wide range of papers dedicated for label and packaging applications.

THERMOSCRIPT® thermal papers : the demand for phenol-free thermal paper is rising significantly. Mitsubishi has been using phenol-free developers for thermal papers for many years ; with and without topcoat ; for labels, tickets, receipts or lottery tickets, including integrated security features. Linerless is a fast-growing label segment. The THERMOSCRIPT LL 77 series of thermal papers, launched at Labelexpo Europe 2017 in Brussels, offer a cost-effective linerless solution ; also phenol-free of course.

JETSCRIPT® inkjet papers : as a leading manufacturer of coated inkjet papers, Mitsubishi is constantly developing these product lines. Against the backdrop of ever faster inkjet printing systems and the required compatibility of the media with different ink technologies, the demands on inkjet papers are growing. Mitsubishi naturally fulfils the requirements thanks to the special surfaces and properties of the JETSCRIPT products. Mitsubishi will be presenting samples of a JETSCRIPT product innovation to selected visitors at Labelexpo Americas 2018.

GIROFORM® carbonless papers : with GIROFORM DIGITAL ONEforALL, Mitsubishi has been offering a universal carbonless copying paper specially developed for digital printing since 2016. Personalized, individual forms and documents are no longer a problem with this 80 gsm (21 #) carbonless paper. ONEforALL is certified by HP Indigo and is suitable for all current digital toner printing systems, black & white copiers etc. With its explanatory films, for example on fanapart gluing, Mitsubishi offers the best technical service.

BARRICOTE® barrier papers for food packaging : with this new business segment, Mitsubishi offers brand owners, food retailers and packaging industry particularly sustainable and effective barrier solutions for food packaging. The range comprises paper products made from virgin fibres and water-based barrier coatings. With a total absence of plastic films, aluminium, extruded polymers, varnishes, laminates and fluorocarbons, BARRICOTE papers offer effective protection against mineral oils, grease & oil as well as water & water vapour. All products are approved for food contact, FSC® Mix and PEFC™ certified and recyclable. Applications are, amongst others, heat-sealed and cold-bonded pouch papers, laminating papers for cardboard and paperboard as well as wrapping papers.

Mitsubishi HiTec Paper offers coated speciality papers of the highest quality, Made in Germany, delivered to all continents including North- and South-America, reliably and consistently. On-site sales contacts are available to customers as well as an excellent technical service. Regional warehouse solutions ensure a constant availability of the products ; fast, safe and worldwide.

2018-09-14 
DS Smith Tecnicarton celebrates more than 3000 days without work-related accidents

The company’s Almussafes plant leads the internal ranking, followed by the Vigo plant, which has already accumulated 2,645 days without mishaps

DS Smith Tecnicarton has managed to go from 3000 days without accidents at work in its plant in Almussafes, followed by the plant that the company has in Vigo and that already reaches 2,645 days. These figures represent more than 8 and 7 years respectively without mishaps.

These figures are the result of the company’s policy for the safety and health of its employees, which has been reinforced with the integration of Tecnicarton into the discipline of the multinational DS Smith. According to the person in charge of this area, Pablo Escuín, "since the integration in DS Smith both investments in prevention and the personnel assigned to it have been reinforced. And a lot of effort has been put into internal training for all employees in all plants".

The commitment to training in prevention is materialised through small meetings that are held periodically and constantly where specific and specific prevention issues are explained. Preventive indicators are shown in these meetings. And, as Pablo Escuín confirms, "all incidents that occur are investigated, even if they do not cause harm to the worker".

In this sense, the data of lack of accidents in the plants of DS Smith Tecnicarton are also positive. The company’s plant in Vigo, from which industrial packaging is supplied to PSA, already exceeds 2,650 days without accidents. And the plants in Seville and Bilbao exceed 1100 days.

2018-09-14 

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