CCL Industries, a world leader in specialty label and packaging solutions, has acquired InTouch Label and Packaging Co., Inc. in the US. According to the announcement, the enterprise value of…
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News, reports, market reviews and companies related to pulp and paper segment
DS Smith reports FY2019/2020 financial year results
DS Smith Plc reported full year ended April 30, 2020 results on July 2, 2020. According to the announcement, the company showed a strong financial performance and position, growing market…
Read MoreITC orders a machine vision system for its board machine in India
ITC Limited placed an order with Valmet for supply of a new-generation machine vision system to ITC in India. The commissioning is scheduled during the third and fourth quarter of…
Read MoreBillerudKorsnäs revaluates forest land in Sweden
BillerudKorsnäs informed about revaluation of forest land. According to the disclosed information, the company had made a valuation of approximately 36 000 hectares of forest assets, of which approximately 18,000…
Read MoreAhlstrom-Munksjö resolves on a dividend payable on July 9, 2020
The Board of Directors of Ahlstrom-Munksjö Oyj has resolved on a dividend in the amount of EUR 0.13 per each outstanding share. The dividend is being paid based on the…
Read MoreKAMA is hiring at FBB production line in Russia
OOO “CBK KAMA” and OOO “KAMA Karton” need more than 50 new employees for its production site in Krasnokamsk in Russia. According to the announcement, the extra personnel is needed…
Read MoreSegezha Packaging invested in a new multicolor printing machine at its operation in Germany
Segezha Packaging, which consolidates the European paper packaging production facilities of Segezha Group (part of Sistema JSFC), announced start of the new multicolor printing machine operation at Segezha Packaging plant…
Read MorePapier Union GmbH and Papyrus Deutschland become Inapa Deutschland GmbH
Papier Union GmbH and Papyrus Deutschland GmbH & Co. KG have merged and will now operate under the brand Inapa Deutschland GmbH, effective from July 1, 2020. According to the…
Read MoreNeenah announces refinancing plans
Neenah Paper announced that the company is seeking to refinance its $175 million of unsecured Senior Notes which are due in May 2021. According to the announcement, the company anticipates…
Read MoreArctic Paper Kostrzyn revamps a press section of its paper machine in Poland
Arctic Paper Kostrzyn S.A., a subsidiary of the Arctic Paper Group, signed a contract with PMP for a revamp of a press section of a paper machine. The investment is…
Read MoreKlingele acquires kraftliner mill from Klabin in Brazil
The Klingele Group, one of the leading independent manufacturers of corrugated base paper and corrugated cardboard packaging, has signed an agreement with Klabin S.A., the largest producer of paper and…
Read MoreCartiera di Ferrara orders complete dryer section rebuild of its coreboard machine in Italy
Cartiera di Ferrara placed an order with Toscotec for a complete dryer section rebuild of its coreboard machine at Ferrara mill in Italy. The paper machine produces coreboard in the…
Read MoreHuhtamäki signs a EUR 150 million freely transferable loan agreement
Huhtamäki signed a EUR 150 million freely transferable loan agreement (Schuldschein). According to the announcement, the loan is targeted to institutional investors. It is divided into two floating rate and…
Read MoreAsia Symbol orders Valmet Recovery Boiler Optimizer advanced process control for its mill in China
Valmet announced supply of Valmet Recovery Boiler Optimizer advanced process control (APC) solution to Asia Symbol (Shandong) Pulp and Paper Co., Ltd in China. The delivery will take place in…
Read MoreWest Fraser Timber declares a quarterly dividend payable on July 15, 2020
West Fraser Timber Co. declared a quarterly dividend of $0.20 per share on the Common shares and Class B Common shares in the capital of the Company, payable on July…
Read MoreSun Paper orders pulp dewatering and white liquor plant technologies for its new mill in China
Sun Paper placed an order with Andritz for supply of pulp dewatering and white liquor plant technologies and key process equipment for the company’s new pulp mill in Beihai, China….
Read MoreKoehler expands its railway connectivity in Germany
Koehler Paper Group increased its pulp supply chain reliability with investment in the railway connectivity. According to the announcement, the total investments amounted to EUR 1 million. Since the start…
Read MoreKAMA gets new General Director in Russia
Vladimir Druzhkov was appointed as the General director of OOO “CBK KAMA” and OOO “KAMA Karton”. According to the announcement, the decision was taken by the sole owner of the…
Read MoreLenzing pays no dividend for 2019 financial year
Lenzing AG, a leading manufacturer of specialty fibers made from the renewable raw material wood, informed that the 76th Annual General Meeting of the company resolved on June 18, 2020,…
Read MoreUkrpapir: Paper products output in May 2020 in Ukraine
Note: preliminary data Earlier, Ukrpapir reported Ukrainian paper products output in April 2019. Source: Woodbizforum based on Association Ukrpapir data (ukrpapir.org)
Read MoreGuangxi Sun Paper orders cooking and fiberline for its new mill in China
Guangxi Sun Paper placed an order with Valmet for supply of cooking and fiberline to the new Beihai mill in China. The pulp mill will have a capacity of 800,000…
Read MoreBillerudKorsnäs orders a new washing system for its mill in Sweden
BillerudKorsnäs placed an order with ANDRITZ for supply of key process equipment to complement the main brown stock washing system preceding the side line for their board machine at the…
Read MoreDS Smith Tecnicarton designs car batteries packaging for PSA
DS Smith Tecnicarton designed sustainable packaging for Groupe PSA car batteries. According to the announcement, the new packaging system makes it possible to replace a returnable metal container with a…
Read MoreVerso Corporation idles paper mills in response to COVID-19 pandemic
Verso Corporation, a leading producer of printing papers, specialty papers and pulp, announced that it is taking immediate actions to offset unprecedented market decline due to the COVID-19 pandemic and…
Read MorePaper manufacturer Feldmuehle introduces vegan paper
Feldmuehle GmbH, leading manufacturer of label and flexible packaging papers, presented vegan paper. No animal substances (such as protein or gelatine) are used in the production of its one-sided coated…
Read MoreValmet acquires 14.9% ownership in the future Neles from Solidium Oy
Valmet agreed to acquire 22,374,869 shares in the future Neles Corporation from Solidium Oy, representing 14.88% of all Neles’ shares and votes. The transaction between Valmet and Solidium is expected…
Read MoreInternational Forest Products appoints Dan Stebbins as Director of Export Containerboard Sales
International Forest Products (IFP), a member of The Kraft Group of companies, appointed Dan Stebbins as Director of Export Containerboard Sales. Dan Stebbins joined IFP in 2016 as a member…
Read MoreAnhui Linping starts-up two new OCC systems at its mill in China
Anhui Linping started up production at PM5 and PM6 OCC lines of its mill in China. According to the announcement, the two lines have a combined design capacity of 500,000…
Read MoreBac Giang orders a new tissue machine for its mill in Vietnam
Bac Giang Import Export JSC placed an order with ANDRITZ for supply of a complete PrimeLineCOMPACT S 1300 tissue machine with stock preparation system to Xuong Giang Paper Mill in…
Read MoreBillerudKorsnäs and UPM extend pulp, steam and electricity supply agreement in Finland
BillerudKorsnäs and UPM agreed to extend the supply agreement for pulp, steam and electricity for the production at BillerudKorsnäs’ mill in Pietarsaari, Finland. According to the announcement, the original agreement…
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