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    Visit China's premier pulp and paper event    ( Company news )

    Company news China Paper is the original and no. 1 exhibition and event for the Chinese and Asian pulp and paper markets. Established in 1987, the 21st edition of the show will be held in Shanghai on September 15-17, 2014. Visitors from 35 countries worldwide have already pre-registered.

    The exhibition floor, hosting both Chinese and overseas companies, will be displaying the latest technologies and justlike previous years the renowned China Paper conference will be held on the second day of the event, 16 September. Pulp and paper professionals and experts from around the world will be discussing the most burning issues of the industry. Portia Zhao, Sr Product Manager at RISI will be talking about 'Cost Benchmarking of China Pulp and Paper Industry; Where China Stand?' and Mr Sun Mingming, Senior Pulp and Paper Program Officer at WWF, China, will share his thoughts on 'Being a responsible company, proactively respond to the challenge on environmental conservation'.

    An afternoon networking session is planned for Tuesday 16 September where pre-registered visitors, conference delegates, mill managers and exhibitors can meet, mingle and network. Drinks and snacks are served.

    Visit the official website for more information or write an e-mail to info@adforumworld.com.
     
    02.09.2014   YFY boosts its capacity in Taiwan with a new Toscotec tissue line    ( Company news )

    Company news The Italian leading paper machinery manufacturer Toscotec will supply a complete tissue production line to the Taiwanese based Company Yuen Foong Yu (YFY).The tissue line will be installed in Ching-Shui mill located in Qingshui District, a coastal suburban district in western Taichung City, Taiwan, Republic of China. The line will start up in the last quarter of 2015.

    In April last year the Taiwan's largest paper and board producer announced to be poised to invest NT$8 billion ($268 million) in building several tissue paper machines at its mills in China and Taiwan over the next three years. This new investment is part of this big expansion plan into the tissue segment.

    Founded in 1924, the company mainly dealt at the beginning in fertilizers, sugar, and grain. Yuen Foong Yu Paper Mfg. Co., Ltd was officially established on February 21, 1950. Yuen Foong Yu Paper produces reading and writing, industrial, and home use paper. It is characterized by a fully integrated production chain covering upstream (forestry, pulp), midstream (paper manufacturing) and downstream (printing, packaging, and design) operations, which yield beneficial synergy effects. Yuen Foong Yu Paper currently operates in the tissue business in China , with three mills ( Yangzhou-Jangsu, Kunshan-Suzhou Jangsu, Beijing-Mafang) with a total annual capacity of approx. 150,000 tpy, and in Taiwan with two mills (ChingShui and Yangmei) with a total annual capacity of approx. 74.000 tpy. In Taiwan the company has around 25% of the domestic market and it is looking at expanding its market share to 35% in three years' time.

    The delivery, based on an intensive energy-saving concept, includes the stock preparation plant with the approach flow featuring ultimate Toscotec technology TT SAF®, water system, an AHEAD-1.5M tissue machine with double-layer headbox, jumbo suction press TT SuctionPressRoll-SPR1425 and Toscotec steel Yankee dryer TT SYD-18FT. The supply will also comprise the electrification and controls package, tissue machine auxiliaries like the steam heated hood, steam & condensate system, dust removal system provided by Toscotec’s associate Milltech. With a width of 3,60 m and a design speed of 1700 mpm, the new production line will produce 120 tons per day of high-quality facial, toilet and towel grade from 13,5 g/m2 to 23 g/m2 basis weight.

    Toscotec is today one of the market leaders for tissue machines with numerous installations worldwide.

    With this latest order the company continues on its further expansion in the Asian market where operates also through its affiliate Toscotec Shanghai (PRC).

    The optimal features of the machine design with a large diameter SYD and a big SPR combined with a steam heated hood, experienced already by several installations and repeated orders supported with high level regional service by Toscotec, are the unique characteristics of this new project that made the difference in the decisional process of the Taiwanese Company in choosing the final Supplier.
    (Toscotec S.p.A.)
     
    02.09.2014   BillerudKorsnäs invests for growth    ( Company news )

    Company news A new investment makes the board machine in Frövi the largest of its kind in the world. The investment is a concrete example of BillerudKorsnäs ambitious growth agenda.

    The BillerudKorsnäs Board of Directors has today approved an investment of approximately SEK 900 million in the Frövi and Rockhammar mills. The investment targets increased capacity and improved quality of the output cartonboard and liquid packaging board.

    We have set an ambitious growth agenda for BillerudKorsnäs. For the business area Consumer Board the strategy is profitable volume growth. This investment is an important part of realising that strategy. – says Per Lindberg, CEO of BillerudKorsnäs .

    The investment includes a rebuild of the board machine at the Frövi mill as well as a capacity upgrade of the Rockhammar pulp mill. After completion in 2017, the investment will bring the Frövi mill to an output of 550 000 t/a of high quality cartonboard and liquid packaging board and the Rockhammar mill up to 150 000 t/a of CTMP. After the investment, BillerudKorsnäs will operate the largest machine for production of cartonboard and liquid packaging board integrated to chemical pulp in the world.

    The demand for BillerudKorsnäs cartonboard and liquid packaging board is increasing. Through this investment we will maintain and strengthen our competitiveness and deliver on the increasing demands on our products and services, and thereby achieve sustainable growth within our business area Consumer Board. – says Ulf Eliasson, Senior Vice President Consumer Board

    BillerudKorsnäs long term estimate for capital expenditure is for capex to be in line with depreciation i.e. approximately SEK 1400 million per year. The Frövi and Rockhammar investments imply that BillerudKorsnäs will exceed previous guidance for capex with approximately SEK 150 million for 2014 and that the capex level will be above the depreciations also for the coming two years.
    (BillerudKorsnäs AB (publ))
     
    02.09.2014   Weidenhammer associates sell 100 percent of their shares to Sonoco    ( Company news )

    Company news The associates of the Weidenhammer Packaging Group (WPG), headquartered in Hockenheim, Germany, announced that they will sell all their shares to the Sonoco Products Company. Sonoco, one of the largest packaging companies worldwide with headquarters in Hartsville, South Carolina, USA, will strengthen its packaging business in Europe and further expand its expertise in stable, highly decorated convenience packaging. The merger offers the WPG, Europe’s leading provider of composite cans, composite drums and plastic containers, additional growth prospects with new customers and new markets.

    After thorough assessment and intensive negotiations, the associates of WPG – all of them members of the Weidenhammer family – have decided to sell their shares to Sonoco. The transition of the shares to Sonoco should be completed at the beginning of October 2014, subject to the regulatory examination. WPG plants, sites, subsidiaries and products will then be part of the Sonoco Products Company.

    WPG is held by the Weidenhammer family, who founded the company in 1955. Over the past six decades, WPG has become the European market leader in its segment. "We have promoted WPG's business development with a lot of passion and personal commitment. The decision to sell our shares was not an easy one", Ralf Weidenhammer, CEO and one of the managing partners at WPG, explains. "However, we are convinced that the merger is the right step at the right time, and that it will open up new and important future perspectives to WPG and its employees."

    As market and technology leader in Europe, WPG brings additional expertise to the Sonoco group – and will in turn profit from Sonoco's market position in North America, Asia and Latin America and its 115-year experience and leadership in packaging. Sonoco also operates several plants that produce preliminary materials for composite cans. Manufacturing these innovative materials within the same business group will make WPG's production of composite cans even more efficient.
    (Weidenhammer Packaging Group)
     
    02.09.2014   ARCHROMA PUTS HIGH PERFORMANCE, COST CONTROL AND SUSTAINABILITY ...    ( Company news )

    Company news ... WITHIN REACH AT 2014 CHINA INTERNATIONAL PAPER TECHNOLOGY EXHIBITION AND CONFERENCE (CIPTE)

    © Picture: Archroma

    - Archroma's first appearance at a Chinese paper exhibition since the company took over the paper business from Clariant on October 2013.
    - Latest developments help meet cost-efficiency, high performance and environmental requirements especially in packaging and board, as well as food packaging applications.

    Archroma, a global leader in color and specialty chemicals, and the former textile, paper and emulsions businesses of Clariant, will put sustainability and high-performance within reach with its latest benchmark-setting papermaking innovations at 2014 China International Paper Technology Exhibition and Conference (CIPTE) from 3 to 5 September, 2014, in Shanghai, China.

    Under the motto “We touch and color peoples’ lives every day, everywhere”, Archroma will demonstrate its on-going commitment to support papermakers with cost-effective and more environmentally-considerate solutions to the performance needs of local markets. Archroma’s comprehensive product ranges for general-purpose paper, packaging & board, as well as food packaging cover optical brightening agents (OBAs), coloration and processing chemicals, and surface coating additives and agents for all kinds of paper, card and board.

    New developments from Archroma in the spotlight at CIPTE 2014 will focus on:

    Solutions for writing and printing paper:
    - The recently introduced disulfonated OBA Leucophor® ACK aims at satisfying the most demanding environmental requirements without compromising quality or ease of use. Leucophor® ACK brings sustainability advantages through its unique, super-highly concentrated urea-free liquid formulation.

    Solutions for packaging and board applications:
    - Cartasol® liquid dyes, and in particular Cartasol® Yellow M-GLC, are particularly suited for dyeing the unbleached, recycled and mechanical pulps typically used for packaging papers. Cartasol® Yellow M-GLC can be used on its own to create attractive yellow and brown shades, or in combination with other dyes of our ranges to produce a wide variety of shades. Cartasol® Yellow M-GLC is REACH compliant and won’t release MDA or other toxic amines, therefore providing a more sustainable alternative solution to other dyes available from the market.

    - Lastly introduced in the range of Archroma’s stickies control innovation for pulp and paper applications, Cartaspers® SCH is a new, innovative organic treatment additive for pulp and paper for prevention of pitch and stickies.

    Archroma’s range, which also includes EPA Award winning Cartaspers® PSM and BfR XXXVI compliant Cartaspers® PSM new allow increasing the runability of the paper machine reducing downtimes.
    - Cartaspers® PSM protects wires and felts minimizing the use of solvents for cleaning. Cartaspers® PSM and Cartaspers® PSM new, when used in felt conditioning, can also allow energy savings.

    Solutions for food packaging:
    - Cartaguard® KHI is a totally PFOA-free, grease-resistant additive for recyclable, non-plastic coated paper packaging used for eat-out-of-hand snacks. It provides a true alternative for manufacturers on the look-out for effective and safe impregnating agents for naturally absorbent papers.
    - For manufacturers looking for a PFOA-free (below limits of detection) product, Cartaguard® KST imparts grease, oil and water resistance to paper and board for food packaging, complying with the BfR XXXVI recommendation.

    “Papermakers are looking to bring down application costs and manufacture high-performance products which are also sustainable and more environmentally considerate,” comments Damrong Roonkaseam, Head of Sales Asia Pacific, Paper Solutions Business at Archroma. “Archroma’s 120-year track record of supporting the paper industry gives us the unique capability to help them address this challenge. Our continued commitment is backed by experience, core technologies, long-standing relationships and a global footprint that together ensure we can deliver high service levels and world-class innovations that reflect the needs of our customers and their markets.”

    Visit Archroma at 2014 China International Paper Technology Exhibition and Conference (CIPTE) Booth A001, Hall 2.
    (Archroma Management GmbH)
     
    01.09.2014   Collect and check data on the spot     ( Company news )

    Company news The handheld data collector T&D RTR-500DC makes it easy to download and gather data from difficult to access places

    T&D Corporation, the Japanese market leader for data logger systems, has boosted its portfolio of data collectors with a user-friendly wireless handheld device: The RTR-500DC allows users to download and monitor data from loggers placed in remote locations without the need for manual gathering. The collected data can then be easily displayed in graph form on the LCD display, enabling immediate on-the-spot checking of data without a PC.

    The T&D RTR-500DC Data Collector with graphical display is compatible with all RTR 500 Series Data Loggers for all types of measurement, including temperature, humidity, pulse, voltage, milliampere, CO2, UV and illuminance. It can be used to wirelessly configure, download or monitor remote data loggers and is ready to use without troublesome preparation such as creating a network environment. The data collected can be immediately viewed in graph form on the spot without the need for a computer. The RTR-500DC also monitors for warnings in data loggers for which upper or lower limits have been set. The device, which offers easy one-hand operation and a backlit display for reading in the dark, is perfect for large storage areas, warehouses or outdoor locations where it is impractical to have a USB-connected or networked data collector. It is also ideal for monitoring data from remote units which are on the move, such as those on transport vehicles and production lines. It allows users to capture recorded data easily, and then transfer or relay it via USB cable to a PC.
    (T&D Corporation European Sales Office)
     
    01.09.2014   ANDRITZ AUTOMATION to deliver simulation technologies for Klabin’s pulp mill project, Brazil    ( Company news )

    Company news Picture: 3D model of Klabin’s new mill in Brazil

    ANDRITZ AUTOMATION, part of international technology Group ANDRITZ, has received an order to supply dynamic simulation solutions for Klabin’s Puma pulp mill project in Ortigueira, Paraná State, Brazil.

    The scope of supply encompasses the dynamics models, DCS checkout, and Operator Training Simulator (OTS). These solutions will be used to test and verify process design concepts, identify and correct errors in the control logic, and provide realistic, hands-on training modules for the operators, helping Klabin to achieve a fast and smooth start-up. Start of pulp production is scheduled for the end of the first quarter of 2016.

    ANDRITZ AUTOMATION will use its proprietary simulation tool IDEAS to model the key process areas of the pulp mill: two digesters, two fiber lines, two bleach plants, and the white liquor plant supplied by ANDRITZ PULP & PAPER, as well as the recovery boiler, evaporation plant, and power boiler delivered by other companies.

    The order to supply major production equipment for Klabin’s Puma project was awarded to ANDRITZ PULP & PAPER in March 2014. Established in 1899, Klabin is the biggest producer and exporter of packaging paper in Brazil. Considered as the largest integrated pulp and paper company in the country, it exports to over 60 countries. The Puma project will demand total investments of about two billion euros, not including forest assets, improvements to infrastructure, and taxes. The new mill will have an annual production capacity of 1.5 million tons of pulp, of which 1.1 million tons in short fiber and 400 thousand tons in long fiber, part of which is to be converted into fluff pulp.
    (Andritz AG)
     
    29.08.2014   A Label is a Complex Technical Construction    ( Company news )

    Company news Picture: (from left to right) Marc Büttgenbach (D) Bizerba, moderator - Stefan Richter (D) Krones - Geert-Jan Kolkhuis Tanke (NL), Avery Dennison - Raul Matos (USA) Karville

    Delivering a ‘label’ is not just a matter of printing it. It involves a complex value chain that also spans the material to be printed and the machinery to apply it – whatever the technology employed. The ‘battle of decoration technologies’ was the focus for an expert panel of suppliers who came together at the annual congress of the label industry’s international association, FINAT, to debate the challenges and opportunities. Their discussions provided valuable insights that set the context for improved communication between brand-owning end users and their ‘label’ suppliers – including printers.

    Representatives from key – and different -- aspects of today’s industry supply chain formed the discussion panel. They were Stefan Richter (D), Krones, leading manufacturers of advanced process, filling, and packaging equipment – including different label application systems; Geert-Jan Kolkhuis Tanke (NL), Avery Dennison, representing a leading global supplier of label materials, both paper and film, particularly for self-adhesive labels; and Raul Matos (USA), founder of Karlville Development LLC, global leaders in shrink sleeve converting and application equipment as well as pouch converting.

    The opportunity to cross-question suppliers was enthusiastically embraced by the congress delegates, who were encouraged prior to the debate to submit questions to moderator Marc Büttgenbach – himself worldwide sales director for labels and consumables for Bizerba, worldwide providers of a wide-ranging portfolio of hardware and software products, particularly in the food arena.

    Which technology?
    ‘Why would a brand owner choose any particular labelling technology for a product?’, Mr Büttgenbach asked. For shrink sleeves, Karlville’s Raul Matos said that it is the ‘ability to label different shapes and sizes of container. Sleeves on smaller single-serve bottles are economically-viable’, he said. The choice driver for self-adhesive labels, said Avery Dennison’s Geert-Jan Kolkhuis Tanke, would be ‘the huge selection of materials and products available to meet every price requirement – and changing with innovation, as with other technologies.’

    In fact, the panel agreed, we are living in a multi-technology society – and a society where the materials employed will work with both conventional and digital presses. ‘Krones today make multi-technology labelling machines’, said Stefan Richter, reviewing current trends. ‘While wet-glue labelling is declining,’ he added, ‘it is still only possible to achieve the “no-label look” with self-adhesives.’

    Ever-changing demands
    Indeed, the demands of a ‘label’ are ever-changing – not just in response to brand owners’ marketing and promotional needs, such as QR codes, but – particularly today -- in response to legislative requirements for expanded label content. The resultant for greater label space, and bigger labels, is certainly challenging brand owners and the label supply chain. In this respect, Avery Dennison’s Geert-Jan Kolkhuis Tanke drew attention to the value of leaflet labels, which he described as ‘applying labels to labels’, and which have been a successful feature of self-adhesive labelling – particularly in the field of pharmaceuticals -- for many years now.

    Expanded label content is also a topic of focus for the very distinct production characteristics of shrink sleeve labels, according to Karlville’s Raul Matos. He observed: ‘QR codes, for example, need to be placed on an area of low shrink’, he said, underlining the need to involve the whole supply chain, from the designer onwards, in creating a successful shrink sleeve.

    Security and ‘smart’ data functionality
    Barcodes and other ‘smart’ printed data also have a role to play in product authentication and track-and-trace activities – which are only one part of the opportunities to create layered overt – visible -- and covert – invisible -- security elements in and on a self-adhesive label, as Mr Kolhuis Tanke pointed out. RFID labels are, of course, a good example of the successful application of this principle although, as Mr Matos added, they are today primarily ‘interesting as a security device for high-priced products’.

    Conversation moved on to a subject which the panel agreed is definitely a coming technology: linerless labelling, which is already achieving a strong presence on supermarket food prepacks, and to another developing pathway for label converters -- printing flexible packaging. Mr Matos observed: Our industry currently only has a tiny percentage of this market’, he added, ‘but we could have much more!’ He reminded the audience that two different, but complementary, businesses exist within the broad packaging arena -- primary and secondary packaging – both of which could, today, be addressed by label producers. He added, however: ‘In our industry, this requires a mindshift... we need to embrace flexible packaging as a closely-related brother industry.’

    He drew attention to a good example of a practical enabler in this respect -- the latest HP Indigo digital press for both paper and film webs up to 750mm wide, which is capable of printing flexible packaging.

    Price versus sustainability
    The moderator directed the conversation to a major focus for FINAT members: the issue of ‘price versus sustainability’. The true definition of ‘sustainability’ needs to be established, said Mr Kolkhuis Tanke for Avery Dennison, because, he said, ‘it is also about efficiency on the production line, and TCO – total cost of ownership: can it bring savings?’

    Mr Matos, for Karlville Development, expanded the discussion to include shrink sleeves, which, he said, are in some “green” communities not considered a sustainable solution. ‘But’, he underlined, ‘new technology DOES now allow sleeve separation in PET recycling.’ He added that he believes ‘shrink sleeves will continue to grow as packaging continues to change: refills, pouches with closures these are the things that will create the tipping point.’

    ‘Sustainability is also about the trend to thinner materials’, Mr Richter pointed out, highlighting a key factor for Krones’ business platform. They, however, ‘require more skill at the application point, and underline the need for quality labelling materials – even though thinner materials are driven by price!’

    Threats?
    Two pathways to product decoration were identified as threats to the label industry – both primarily focussed on the increasing capabilities of digital technologies. ‘With all our currently-available technologies’, said Krones’ Stefan Richter, ‘we still can’t decorate a three-dimensional surface!’ 3D printing’s challenges are partnered in the threats arena by direct-to-container print, which do away with the need for an additional label substrate, as shrink sleeve expert Mr Matos pointed out.

    The future?
    Currently, Krones are experiencing increasing evidence that brand owners are choosing a ‘mix’ of labelling technologies, Mr Richter said. ‘In fact’, Moderator Büttgenbach added, ‘labelling and packaging are merging together, more and more. What, then, is the likely scenario for five to ten years’ time?’

    For Mr Kolkhuis Tanke and Avery Dennison, it will mean ‘more self-adhesive products, greater efficiency, high-speed label application, and much more in the way of ‘smart’ labels and Near-Field Communication (NFC) -- which not only influence consumer behaviour but also significantly augment label functionality’. For Karlville, Mr Matos expects that the medium term will see full automation in the application of shrink sleeves as the market matures, plus a larger share in flexible packaging – particularly pouches. Whatever the case, the label application machinery has a key enabling role to play, said Krones’ Stefan Richter. ‘There will be a highly-flexible “open system” of application – but material suppliers need to involve the application industry earlier in their developments to facilitate change at our end.’

    Will any one technology be the ultimate winner, was the moderator’s final question. The panel agreed that there is room for everyone. ‘We will all be part of a growing business’, said Mr Richter.

    FINAT is actively pursuing the promotion of a broader technology base than has been traditional in label printing companies, and the topics raised by delegate questions in this valuable panel discussion prove that the association’s membership is also enthusiastically embracing a wider definition of a ‘label’.
    (FINAT)
     
    29.08.2014   Lahti Energia and Valmet agree on further development of gasification technology     ( Company news )

    Company news Picture: Kymijärvi II power plant (by Lahti Energia)

    One of the Finnish environmental technology flagship projects gaining international attention is the new gasification based waste-to-energy plant solution, developed by Valmet. The development work started in Tampere in 2002, has proceeded to a commercial solution for Lahti Energia Oy's Kymijärvi II power plant, via various demonstration stages. Lahti Energia and Valmet will continue to develop the plant together even after the conclusion of the delivery.

    Lahti Energia's effective power plant produces electricity and heat from recycled fuel. The electricity production capacity of the plant is 50 MW and heat production capacity 90 MW. It is among the most modern waste-to-energy combined heat and power facilities in Europe. The harmful components contained in waste can be safely removed before the gas is utilized in a conventional power plant process. This economically feasible method is also extremely efficient and cuts down on the use of fossil fuels.

    The electricity generated in a traditional mass burn power plant only amounts to approximately 20% to 25% of the energy content of the waste. Thanks to the gasification technology developed by Valmet, it is now possible to achieve efficiency rates exceeding 30% - in other words, the same amount of waste yields around 30% to 50% more electricity. Efficiency in electricity generation is a major advantage and increases the competiveness of Valmet's gasification technology in the international markets, as in many countries the heat generated in the production process cannot be utilized for district heating.

    Encouraging operational experiences
    Lahti Energia's Kymijärvi II demonstration plant has been in operation for slightly over two years. Since it was the first operational power plant of its kind, the design was based on data obtained through pilot plants. By now it has already become clear that most of the design solutions are successful. Lahti Energia and Valmet have agreed on joint further development of the power plant.

    All of the performance specifications required of the plant have been met. There are no symptoms of high-temperature corrosion, in other words, the most important design goal has been achieved.

    According to Hemmo Takala, Production Manager of Lahti Energia, some surprises have emerged during long-term use: "Availability of the plant fell behind the desired level during the first year of operations. The plant has been improved during the maintenance shutdowns during this and previous summer. Already during spring this year, the availability was much better and came close to complying with the set targets."

    Lahti Energia's Kymijärvi II power plant utilizes hot gas filtering technology that is virtually unique on a global level, resulting in many new insights into the technology. Modifications in the technology and changes in operating methods based on these experiences have improved the performance and reliability of the plant.

    "We have learned a lot thanks to this plant, particularly regarding long-term operations, which are impossible to test in a small scale. The experiences obtained have clearly helped in further improving Lahti Energia's plant. This knowledge also helps us in designing future power plants," says Juhani Isaksson, Head of Valmet's gasification technology.

    Valmet also develops biomass gasification
    In addition to the waste gasification process in use at the Kymijärvi II power plant, Valmet also supplies biomass gasification plants. A large biomass gasification system delivered by Valmet to Vaskiluodon Voima's power plant, in Vaasa, was inaugurated in March 2013. In early 2014, Valmet additionally received the order for a large biomass gasification plant to be built at OKI Pulp and Paper mills' new pulp mill in Indonesia.
    (Valmet Corporation)
     
    29.08.2014   Pöyry awarded EPCM services assignments by Kemira for sodium chlorate plant in Brazil    ( Company news )

    Company news Kemira has awarded Pöyry with assignments for EPCM (Engineering, Procurement and Construction Management) services for a sodium chlorate plant in Brazil.

    The EPCM assignments relate to the new sodium chlorate plant that Kemira is building to serve the Brazilian markets, and in particular the plant will serve Klabin SA's new 1.5 million ton pulp mill. Sodium chlorate is used as a component in the bleaching process in the manufacturing of bleached pulp.

    The assignments follow on from the pre-studies performed by Pöyry during 2012-2014.The EPCM services started in May 2014 and are scheduled to last until the start-up of the sodium chlorate plant in the first half of 2016.

    "We have selected Pöyry based upon their solid knowledge of process engineering combined with their proven experience and regional presence within Brazil", says Jarmo Savolainen, Project Manager, Kemira.

    "This project is a continuation of the strong partnership between Kemira and Pöyry, which I am pleased that we can strengthen in Latin America. It contributes to Pöyry's strategic position as an EPCM service provider for the global chemicals industry", says Kay Radtke, Head of Chemicals & Biorefining in Pöyry.

    The value of the order is not disclosed. The project order includes two contracts, specifically, a contract for Engineering and Procurement services, which was recognised within the Industry Business Group's order stock in Q2; and a contract for Construction Management Services, which will be recognised within Pöyry's Regional Operations Latin America Business Line order stock in Q3.
    (Pöyry Deutschland GmbH Dresden)
     
    28.08.2014   Södra increases price for softwood pulp in Europe to USD 950 per tonne    ( Company news )

    Company news Due to low global softwood pulp stocks and solid demand, Södra will increase its market price for NBSK in Europe to USD 950, effective from September 1st 2014.
    (Södra Cell AB)
     
    28.08.2014   World Publishing Expo 2015 returns to Hamburg    ( Company news )

    Company news The 45th edition of the World Publishing Expo (former IFRA-Expo and Conference) will return to the seaport city of Hamburg in 2015, from 5 to 7 October, the World Association of Newspapers and News Publishers (WAN-IFRA) announced lately.
    This will be the third time that the World Publishing Expo, the largest global trade exhibition for the news publishing and media industry, “docks” in Hamburg. Building on its success with more than 10,000 visitors in Hamburg in 2010, the World Publishing Expo 2015 aims to bring top newspaper and news media executives from more than 80 countries to Hamburg for the event.
    The decision to choose Hamburg as the venue was made in close consultation with exhibitors. The WAN-IFRA Expo Advisory Council unanimously voted in favour of Hamburg for 2015.
    The 2014 World Publishing Expo will be held in Amsterdam, from 13 to 15 October 2014. Full information can be found at http://www.worldpublishingexpo.com
    The World Publishing Expo brings together suppliers to the industry with its thought leaders and decision makers. In addition to the exhibition, which showcases the latest technologies, the event features 200 speakers sharing their success stories in a variety of conferences and formats.

    Hamburg, a center for media, a city for profit
    Hamburg is the second largest city in Germany and the 8th largest in the European Union. It has been a trading city from its origin, more than a thousand years ago, and remains Europe’s second largest port and the 10th largest in the world.
    Internationally, Hamburg is also known as a creative metropolis and is one of the leading centres of media and information technology, industries that employ about 100,000 people in more than 23,000 companies including Der Spiegel, Die Zeit, Stern, Axel Springer Verlag, Bauer Media Group, Gruner + Jahr, Google Facebook and Xing.
    Hamburg is easily accessible with many international connections and offers moderate hotel prices. The level of auxiliary costs connected to the exhibition – an increasingly important factor for exhibitors and visitors – is extremely low in Hamburg. Hamburg Messe (www.hamburg-messe.com) offers optimal conditions for the World Publishing Expo and its related conferences, including the 7th Tablet & App Summit, the 13th International Newsroom Summit, and the World Printers Forum.

    More than 130 exhibitors have already booked around 6,500 square metres of exhibition space at this year’s World Publishing Expo in Amsterdam from 13 to 15 October.
    (WAN IFRA)
     
    28.08.2014   Flint Group exhibits at Labelexpo Americas 2014    ( Company news )

    Company news Visit the experts at stand #840 for comprehensive solutions to your narrow web label and package printing needs!
    -Get the new nyloflex® ACE UP Digital plate (photo) for exceptional print quality
    -Visit the booth to hear more about Flint Group’s innovative ink solutions
    -Experts will be on hand to answer questions on all narrow web printing applications

    Flint Group is a dedicated, premier supplier to the printing and packaging industries. With products ranging from sleeves, adapters and flexographic printing plates to a comprehensive portfolio of narrow web label and packaging inks, Flint Group has the solution to meet today’s challenges in the world of label printing. Flint Group Flexographic Products and Flint Group Narrow Web will jointly display their most recent innovations for you to experience at the upcoming Labelexpo Americas September 9 - 11 in Rosemont, IL. Come talk to an expert – Flint Group will help you make a success of your most challenging print application!

    Flint Group Flexographic Products division will feature the following innovations:
    -nyloflex® ACE UP Digital and nyloflex® ACE Digital printing plates exhibiting long run life and excellent stability for printing with water, solvent or UV flexo inks.

    -rotec® High Speed Sleeve with a specialized design for high speed press performance while reducing bounce-induced skipping – the perfect choice for your most difficult graphics.

    -rotec® Label Sleeve with increased dimensional stability and excellent edge stability for all of your narrow and mid web printing requirements.

    -FlexoToolbox™ App for iPhone and Android devices, an interactive collection of tools to assist printers with flexo prepress operations, plate making and process control. With a myriad of other helpful functions, plate making will never be the same!

    Flint Group Narrow Web division will introduce the following developments:
    -EkoCure™ products to include metallic inks, UV Shrink Whites, UV Rotary Screen colors, EkoCure IVORY and EBONY, and a wide range of coatings and adhesives.

    -EkoCure™ ANCORA, UV flexo low migration inks for narrow web package printing. While UV LED may be seen as technology of the future, Flint Group encourages printers to learn why this is truly a game changing development for all printers.

    -CombiWhite X2, a new range of rotary screen opaque white inks, addressing a wide range of requirements identified by leading printers, designed for the ultimate combination print.

    -Water-based film inks and new low migration technologies, suitable for flexible packaging applications to enable printers to push the boundaries and enter into new markets!

    Come to the Speakers’ Corner in the Flint Group stand to hear presentations on the latest technologies and sustainable solutions for narrow web printing. Topics will cover UV LED, food packaging, sustainability, and productivity improvements for printers, as well as prepress plate makers.
    During Flint Group’s “Ask the Experts” sessions, a panel of professionals with expertise across the inks, plates and sleeves technologies will hold open conversations covering key topics of interest. Visitors are encouraged to engage in open discussions with the panelists.
    For the widest selection of inks and coatings, plates and sleeves for the narrow web market, visit Flint Group at stand # 840, where you’re sure to be inspired by innovative ideas and educational tools designed to guide you on your journey into the growing markets and technologies of the future!
    (Flint Group Print Media North America)
     
    27.08.2014   VIDEOJET® TO DEBUT NEW CODING EXPERTISE AT MEDTEC IRELAND    ( Company news )

    Company news Advanced code quality at ultra-fast speeds a signature capability of the Videojet 7510 Fiber Laser Marking System

    Videojet Technologies Inc. will feature its recently launched Videojet 7510 Fiber Laser Marking system at Medtec Ireland 2014, Galway, October 1 and 2 2014. With this and other products and technologies, Videojet will highlight how traceability, serialisation, quality, regulatory and other supply complex chain requirements can readily be met with today’s technologies while planning for future market dynamics.

    “Medtec Ireland is an important show for Videojet. It brings together leading suppliers to the medical device manufacturing industry to share inspiration, innovation and all of the latest developments around medical device technology,” comments Alan Golshan, Sales Manager, UK & Ireland for Videojet. “It is the perfect venue for highlighting our portfolio of high quality coding solutions that now includes the new Videojet 7510 50-Watt fiber laser marking system.”

    Golshan explains, “Perhaps to a greater degree than other industries, pharmaceutical and medical device packaging demands the highest quality variable coding. Legibility and contrast are non-negotiable when it comes to regulatory and traceability codes as well as high read-rate bar codes.”

    Smart System
    Specifically engineered with a variety of smart features, the Videojet 7510 Fiber Laser Marking system delivers advanced code quality to meet the requirements of the very complex or high speed products being brought to market by pharmaceutical/medical device manufacturers.

    By integrating the 7510 into their solutions, pharmaceutical/medical device manufacturers can ensure high contrast marking on a wide variety of materials used in the manufacturing and packaging of these products. The Videojet 7510 Fiber Laser Marking system delivers advanced code quality even at ultra-fast line speeds up to 440m/min, superior marking effects (and a very large coding area) with a higher quality beam and is optimised for high-speed mark-on-the-fly (MOTF) applications. The 7510 also offers better mark quality, higher efficiency and a dramatically smaller marking unit than traditional solid state laser systems.

    Golshan concludes, “Medtec Ireland presents Videojet with an excellent opportunity to explore new opportunities and present our full portfolio of products and solutions. We will also highlight our Dublin service and training facilities, where our highly skilled engineers are based, as well as our extensive range of national partnerships/OEMs in Ireland for more bespoke/tailored solutions.”
    (Videojet Technologies Ltd)
     
    27.08.2014   Xerium Launches FormFlexx EDC Forming Fabric    ( Company news )

    Company news Technology
    Today’s demanding paper machines require ingenious clothing technology to provide the highest performance and economic value right from the start. So building on the success of Formexx and Finetexx technology, Xerium engineers have now expanded the application scope for this exclusive EDC forming fabric concept with FormFlexx.
    FormFlexx is specially designed for graphical and packaging grade machines where the ideal combination of drainage, retention, and fabric life are the principle objectives.

    Benefits
    FormFlexx provides superior performance on the widest range of machines and applications:
    -The patented EDC (engineered drainage channel) structures offer the best sheet formation properties at highest drainage rates, by controlling initial drainage
    -CMD oriented paper side improves the hydrodynamic retention of fines and fillers
    -Wide operational window because of its high drainage capacity
    (Xerium Technologies, Inc.)
     
    27.08.2014   Huhtamaki to manufacture Suomen Kerta's paper cups    ( Company news )

    Company news Huhtamäki Foodservice Finland Oy and Suomen Kerta Oy have entered into a strategic manufacturing and supply agreement. Starting from mid October 2014 Huhtamaki will manufacture the hot and cold drink paper cups for Suomen Kerta's product ranges. The paper cups will be manufactured at Huhtamaki's facility in Hämeenlinna, where paper cups have been manufactured since 1960's.
    The agreement follows Suomen Kerta's strategic decision to concentrate its manufacturing operations on napkins, plates and candles, as well as the recently acquired DeLight Solutions product range. Suomen Kerta will cease its own paper cup manufacturing in Imatra, Finland.
    Paper cups are at the very core of Huhtamaki's product range globally and the Group has significant expertise as well as product development capability in manufacturing paper cups. The Group currently has paper cup production in 24 manufacturing units across the world.
    (Huhtamaki Foodservice)
     
    27.08.2014   Muller Martini at the World Publishing Expo in Amsterdam (Hall 11,Booth 450)    ( Company news )

    Company news Greater Cost-Effectiveness and Transparency in the Mailroom

    Muller Martinito unveil the highly flexible and cost-effective NewsGrip F conveyor at the World Publishing Expo (October 13 to 15) in Amsterdam. Muller Martini’s mailroom experts will show visitors how newspaper producers can successfully meet today's challenges.
    End products geared toward target groups, shorter lead times and the resulting increase in the complexity of production process are challenges for newspaper and mail-shot producers. Companies should not lose sight of the importance of added value under the increased pressure of competition.

    World Premiere of the NewsGrip F Conveyor
    Muller Martini will prove its innovative strength in the mailroom equipment sector with the new NewsGrip F conveyor, which will be unveiled at the World Publishing Expo 2014. The backbone of the mailroom, the NewsGrip F, impresses particularly with its cost-effectiveness as the fastest and most economic conveyor in its class.

    Greater Transparency in the Mailroom with Connex.Mailroom
    Management by numbers is increasingly important for all graphic arts businesses. That requires systematic and reliable production figures, which Connex.Mailroom, the data and process management system from Muller Martini, provides in real-time. Connex.Mailroom records and compiles the production data of all connected production lines, offers optimization options and creates transparency in the mailroom.

    High Degree of Availability and Productivity
    The reliability of production systems in a mailroom is crucial, since, in newspaper production especially, lead times are often extremely short and equipment is heavily used owing to shift operations. Muller Martini provides reliable and comprehensive support with its MMServices portfolio. The customized investment protection program ensures that existing equipment continues to run at optimum productivity levels for as long as possible throughout its life cycle or brings productivity back to its peak.

    Companies need to satisfy current customer needs with cost-effective production and operate their existing equipment for longer, while also staying as flexible as possible so that they can meet future market demands. Under the Fit for Profitability slogan, Muller Martini will address precisely these challenges at this year’s World Publishing Expo and present cost-effective solutions for newspaper and mail-shot producers.

    Muller Martini, Your Strong Partner at the World Publishing Expo
    In hall 11, booth 450, mailroom experts from Muller Martini will be available to talk with visitors and show them how they can increase their flexibility, improve the cost-effectiveness of their existing mailroom and boost productivity with new and innovative equipment.
    (Müller Martini Marketing AG)
     
    27.08.2014   Satisfied visitors at PulPaper 2014     ( Company news )

    Company news Messukeskus Expo and Convention Centre Helsinki, Finland 3-5 June, 2014

    Judging by the number of countries represented at the event, PulPaper 2014 was the most international edition in the event's history. The 9428 visitors travelled to Helsinki from no less than 72 countries! A digital survey was distributed to all visitors after the event.

    The results from the completed surveys show that PulPaper once again proved to be a high quality event much appreciated by the visitors. We would like to thank each and every one of the visitors, who decided to take a few minutes out of their day to submit the survey. It will help us develop the PulPaper event to the satisfaction of all participants.

    A few results in brief:
    - 79% regards PulPaper 2014 to be the single most important trade fair for the industry
    - 50% answered that they were influential in the purchasing process.
    - Compared to PulPaper 2010 the average visitor spent more time at the event. 59% spent 1 day, 23% spent 2 days and 18% spent 3 days.
    - Compared to PulPaper 2010 a much higher percentage, 57%, answered that they belonged in the CEO/Owner/Manager bracket.

    Another thank you is due to the exhibitors that submitted our Exhibitor Survey. We were very happy to see that 93% regarded Adforum, as an organizer, as 'professional' or 'very professional'. 90% ranked the quality of visitors as 'very good', 'good' or 'satisfactory'. 59% regarded PulPaper as 'important' or 'very important' in their marketing/sales process and 72% considered PulPaper the most important show for the industry.

    Another interesting conclusion from the Visitor Survey is the importance of the exhibitors' own marketing efforts leading up to the event. Almost 28% (the highest score of all the alternatives) found out about the event through the exhibitors' invitations.
    (PulPaper Helsinki 2014)
     
    26.08.2014   VIDEOJET® MEETS DIVERSE CODING NEEDS AT PPMA    ( Company news )

    Company news Picture: The new Videojet 9550 Print and Apply Labelling (LPA) System features Intelligent Motion technology that reduces the five most common reasons for downtime

    Wide reaching solutions portfolio targets broad sector requirements

    Videojet Technologies’ newly-launched Videojet 9550 Print and Apply Labelling (LPA) System will be among the solutions highlighting the manufacturers’ broad portfolio at PPMA 2014, NEC, Birmingham, September 30 to October 2, stand D50.

    “Visitors will be able to see a wide array of systems to address any coding need,” explained Richard Roth, Country Manager UK & Ireland. “In our current environment of increasing needs for traceability and new regulations prescribing essential on-pack information, the need to deliver high quality coding has become an important driver for many operations. Furthermore, the list of sectors now seeking these kinds of capabilities is increasing, which is why we offer a broad portfolio with so many retrofittable options.”

    Taking centre-stage of a host of options being showcased at the PPMA is the new Videojet 9550 Print and Apply Labelling (LPA) System. The Videojet 9550 features Intelligent Motion technology to reduce the five most common reasons for LPA downtime -- label, web or ribbon jams, mechanical failures and mechanical adjustments. An intuitive touchscreen interface removes the potential for confusion with dual interfaces while built-in code assurance makes coding mistakes virtually impossible.

    The Videojet 9550’s small footprint and simple mounting solutions enable the System to apply labels directly onto outer case and bundle packaging without the need for an applicator, achieving higher throughput and eliminating label jams. Its breakthrough design eliminates the mechanical adjustments, wear parts and failure points that can cause everyday operational problems while minimal set up time and a simple web path achieves label and ribbon changes in less than 60 seconds.

    Comments Mr Roth, “As manufacturers implement and drive lean practices, their operations teams are focused on the high value tasks in their production flow. Most have limited time to focus on the end-of-line labelling systems that require mechanical adjustments and frequent intervention. Our new System was developed precisely to respond to these needs.”

    Joining the Videojet 9550 Print and Apply Labelling (LPA) System will be examples from Videojet’s entire product portfolio, from continuous and thermal inkjet systems to large character marking systems, as well as CO2 and fiber lasers. All solutions are supported by a Videojet remote user interface based upon the intuitive CLARiTY operating system.

    Videojet’s expertise will be supported by exhibiting partners Interactive Coding Solutions (ICE), distributor for thermal transfer overprinting systems and Sunala, distributor of the Wolke m600 thermal ink jet coding systems. Together, Videojet, ICE and Sunala are the experts in coding and able to provide a solution for any coding requirement.

    Concludes Mr Roth, “The PPMA is a perfect platform to demonstrate our varied capabilities and expertise in close co-operation with our partners. Together, we are excited by the opportunity to provide our customers with a variety of ways to solve any of the coding challenges their businesses face.”
    (Videojet Technologies Ltd)
     
    26.08.2014   Omya, NewPage Kick Off PCC Plant Operation in Escanaba    ( Company news )

    Company news Omya and NewPage Corporation kicked off operations with a ribbon-cutting ceremony at the precipitated calcium carbonate plant located at the NewPage Escanaba paper mill site.

    Photo: NewPage Chief Executive Officer George Martin

    The Omya plant brings seven new jobs to the community.

    PCC is an essential raw material used in the papermaking process. It lends to key properties such as bulk, opacity, brightness and whiteness. PCC is manufactured using lime and carbon dioxide (CO2).
    The Escanaba mill previously purchased PCC from another supplier. With the PCC plant on-site, the mill saves on transportation costs. The lime needed for the PCC manufacturing process is purchased from the Upper Peninsula.
    The environment also benefits from the on-site plant. Before the PCC plant was in operation, the CO2 produced by the mill was emitted into the air and considered waste. The on-site plant uses CO2 generated by the Escanaba mill in the process, reducing the environmental impact.
    “We’re very pleased to see this PCC plant in operation at the Escanaba mill,” said NewPage Chief Executive Officer George Martin. “This plant is a step toward helping us achieve our long-term vision. The creation of this plant deepens our relationship with our strategic partner, Omya.”
    Escanaba Mill Manager Roger Rouleau said, “By locating the plant here at the Escanaba mill, it’s not only mutually beneficial for Omya and NewPage, the improved economics and job creation help support the local economy.”
    Tony Colak, CEO for Omya Region Americas said, “We are very excited to see this new PCC plant for NewPage Escanaba in operation. Most importantly, we are pleased to be a strategic supplier and partner with NewPage. The close collaboration between Omya and NewPage has resulted in this long-term commitment.”
    (NewPage Corporation)
     
    26.08.2014   Valmet receives repeat tissue line order from Aktül Kagit Üretim Pazarlama in Turkey    ( Company news )

    Company news Valmet will supply the second tissue production line to Aktül Kagit Üretim Pazarlama A.S., Turkey. The new Advantage DCT 200 tissue line (photo) will be installed at the company's mill in Pamukova, Sakarya Province, Turkey. The start-up is planned for the first quarter of 2016.
    The order is included in Valmet's second quarter orders received 2014. The value of the order will not be disclosed.
    Valmet has previously supplied the same mill with an Advantage DCT 200TS tissue line which started up 2011.
    "In order to be competitive, we want to operate with cutting edge technology. Valmet's Advantage DCT 200 concept combined with Advantage ViscoNip pressing technology has proven to meet our expectations and provides high quality tissue products appreciated by the Turkish consumers", says Erkan Tirnavali, General Manager, Aktül Kagit Üretim Pazarlama A.S.
    "Aktül Kagit was an early adopter of the Advantage ViscoNip pressing technology, which has turned out to be an excellent contributor for improved bulk and softness combined with high press dryness. It is always a pleasure to cooperate with companies heading for the best and Aktül Kagit is an excellent example", says Jan Erikson, VP Sales Manager, Tissue Mills business unit, Valmet.
    (Valmet Corporation)
     
    25.08.2014   Heidelberg concludes acquisition of Gallus Holding AG    ( Company news )

    Company news -Capital increase against contribution in kind of 23,000,000 shares from authorized capital
    -Contribution of the stake in Gallus Holding AG held by Ferd. Rüesch AG
    -Strategic cooperation of the two companies extended - development of digital printing system for the packaging market

    The full acquisition of Gallus Holding AG as resolved by the Management Board of Heidelberger Druckmaschinen AG (Heidelberg) in June 2014 has now been completed. As part of the transaction Ferd. Rüesch AG has been granted 23,000,000 new Heidelberg shares at a face value of € 2.70. By issuing the new shares, the share capital of the company will be increased by € 58,880,000.00 to € 659,040,714.24, divided into 257,437,779 no-par value bearer shares.
    The complete takeover of Gallus Holding AG accelerates the development and usage of digital products from Heidelberg in the growing labels sector. Heidelberg and Gallus will be unveiling a new digital printing system for the label market that incorporates Fujifilm technology at an international customer event in St. Gallen at the end of September. This solution is designed to meet the growing demand for a cost-effective production of short runs and customized labels. With this move, Heidelberg is consistently implementing efforts to expand its digital business based on partnerships with renowned manufacturers.
    By acquiring approximately 9 percent of Heidelberg shares in consideration for the Gallus stake, Ferdinand Rüesch will also become a new strategic anchor investor of the company. At the same time, Heidelberg is strengthening its capital structure, which will support the company's strategic reorientation.
    (Heidelberger Druckmaschinen AG)
     
    25.08.2014   Xerium Announces New Plant in Corlu, Turkey    ( Company news )

    Company news Xerium Technologies, Inc. (NYSE:XRM), a leading global provider of industrial consumable products and services, announced a new rolls and mechanical services facility located in Çorlu, Turkey. The facility is under construction and the equipment is already on hand. It will be state-of-the art and is expected to be in production Q1 2015. From this geographic location, Xerium will provide its full suite of patented performance-enhancing roll solutions to customers in the surrounding region. Xerium will perform roll grinding, roll recovering and mechanical services on site. Xerium is also increasing its field sales and service staff for the region for machine clothing, roll services, mechanical services and machine automation through its SMART® Roll sensor solutions.

    Photo: Shaking hands after concluding deal for new Turkey plant - Dave Pretty, Xerium's President of North America and Europe, and Recep Agci, of Modern Karton, Istanbul were instrumental in making this new greenfield plant a reality.

    Xerium's facility will be the first major rolls and service facility established in Turkey, by any of the industry's major global suppliers. From this location, Xerium will be able to provide regional customers with dramatically quicker and more cost effective service. Importantly, these products and services will be delivered through a local workforce familiar and respectful of local customs. The plant will be co-located on the grounds of Modern Karton, one of the largest and most integrated producers in the region. The required investment and startup costs of this new plant are included within the company's previous guidance for spending in 2014.

    "Xerium is honored to be the first major global competitor to build a plant in the region and proud of its relationship with Eren Holding and Modern Karton. We look forward to delivering superior mechanical services, roll covering capabilities, and machine automation services to the region," said Harold Bevis, Xerium's President and CEO. "This area of Europe is healthy and growing in the industries we serve. We believe this commitment will bring value to the area for all three of Xerium's product categories -- roll coverings, mechanical services and machine clothing.

    "Xerium is repositioning its business for the future by executing its dual-pronged long term strategy of achieving Commercial Success and Cost Leadership," continued Mr. Bevis. "Commercial Success is about being #1 or #2 in each of its markets and being at least on par with the marketshare leaders in each category. Xerium is committed to growing with the market leading customers globally. Currently, we have 27 specific growth initiatives to implement this strategy and this new plant in Turkey is one of those initiatives. The company's goal is to target specific customers and specific machines where the company's value-added offerings are a natural fit."

    Commenting on Cost Leadership, Mr. Bevis said "Xerium is equally committed to achieving Cost Leadership in its operational structure. Continuous improvement and increased value are a given in the industries the company serves and it is imperative that the company be set up correctly to deliver against that expectation. The company has 9 specific programs to achieve this objective. Cost Leadership is more than just closing old, high-cost plants with old equipment that are in awkward predicaments given forward expectations. It is more than just 'cost out.' We are also making sure that we have the right set-up to deliver best value and continuous improvement.

    "Xerium's decision to build a greenfield rolls and mechanical service plant in Turkey is a manifestation of both elements of the company's long-term strategy - Commercial Success and Cost Leadership." said Bevis. "Xerium is excited and honored to commit its money, time, people, patents, and 202 years of global trade secrets to help customers in Turkey and Southeast Europe win in their markets."
    (Xerium Technologies, Inc.)
     
    25.08.2014   Pöyry further streamlines its business operations and introduces changes to its ...    ( Company news )

    Company news ... Group Executive Committee

    Pöyry continues to streamline its business operations and adjusts its management structure with a view to improving efficiency.
    Alexis Fries (photo), President and CEO will act as Chairman of Pöyry's Regional Operations.

    Marcelo Cordaro, 51, BSc, MSc and DSc in Electrical Engineering, currently President of Pöyry's operations in Brazil is additionally appointed as President Regional Operations Latin America and member of the Group Executive Committee reporting to the President and CEO. Marcelo Cordaro joined the Pöyry Group in 2008. Before that he was the Marketing and Supply Chain Director at Braskem S.A. (2005-2008) and held several positions as a management consultant for Booz Allen Hamilton (2004-2005) and McKinsey & Company (1996-2004).

    Nicholas Oksanen, 47, MSc in Engineering (Paper Technology and Economics), currently President of Pöyry's Pulp and Paper Business Unit is additionally appointed as President Industry Business Group and member of the Group Executive Committee reporting to the President and CEO. Nicholas Oksanen joined the Pöyry Group in 1993 and has held several management positions in the Industry Business Group.

    Richard Pinnock, currently Executive Vice President Group Strategic Growth is appointed Executive Vice President Global Sales and Project Management with the responsibility for strengthening the Group's global sales and project management. He will also continue to develop the Group's Large Projects Competence Centre. The Project Management Services Business Unit, currently part of the Industry Business Group, will be integrated under the Global Sales and Project Management Function. Richard Pinnock continues as a member of the Group Executive Committee reporting to the President and CEO.

    Pasi Tolppanen, President Regional Operations Northern Europe, President of Pöyry's operations in Finland and member of the Group Executive Committee, and Marcelo Cordaro are both appointed as Vice Chairmen Regional Operations supporting the President and CEO in promoting the regional business model, successfully implemented in Northern Europe, to other Key Countries of Pöyry.

    The Regional Operations Alpine Arc and Central Europe will be combined into one region, Central Europe, which includes three of Pöyry's Key Countries: Germany, Switzerland and Austria. The respective Country Presidents will report directly to Alexis Fries, President and CEO and Chairman Regional Operations.

    The Mining and Metals Business Unit, currently part of the Industry Business Group, will be integrated into the Regional Operations Northern Europe.

    The Regional Operations Asia Pacific comprising of local operations in China and Thailand will be integrated into the Energy Business Group.

    The changes will be effective immediately.

    Martin Bachmann, Chairman Regional Operations and President Regional Operations Alpine Arc and Asia-Pacific, and Martin Kuzaj, President Regional Operations Central Europe, President Regional Operations Latin America and President Industry Business Group will leave the Pöyry Group. We would like to thank them both for their valuable contributions to the Pöyry Group and wish them all the best for the future.
    (Pöyry Plc)
     
    25.08.2014   Amcor announces profit result for year ended 30 June 2014    ( Company news )

    Company news Statutory profit for the year ended 30 June 2014 from continuing operations(1)(2) was $737.0(3) million compared with $589.2(4) million for the year ended 30 June 2013.

    Photo: Amcor’s Managing Director and CEO, Mr Ken MacKenzie

    Highlights – continuing operations results
    -Profit after tax of $737.0 million, up 24.6%(5);
    -Earnings per share (EPS) was 61.1 cents, up 24.7%(5). On a constant currency basis EPS was up 9.2%(5)(6);
    -Returns, measured as profit before interest and tax to average funds employed of 19.4%(6);
    -Operating cash flow after net capital expenditure of $890.6(7) million;
    -Net cash from operating activities was $1,171.0 million; and
    -Annual dividend of 43.0 cents per share, up 26.5%(8).

    In announcing the result, Amcor’s Managing Director and CEO, Mr Ken MacKenzie said: “The full year result represents another period of higher profits and returns.
    “Earnings per share, for the continuing operations, increased 24.7% to 61.1 cents per share and the dividend increased 26.5% to 43.0 cents per share. On a constant currency basis, earnings per share increased 9.2%.The key drivers of higher earnings were the benefits from recent acquisitions, ongoing growth in emerging markets and continued improvement in operating performance.
    “Over the past 12 months there have been a number of exciting developments.
    “We recently announced a new breakthrough technology called LiquiFormTM which will transform the rigid plastic container industry, and is an outstanding example of how Amcor is translating its deep understanding of the needs of customers and consumers into new and improved ways of operating.
    “We are building a new greenfield tobacco packaging plant in Indonesia to support our growth in that market. This is an exciting development that continues to build on our successful emerging market position.
    “Acquistions remain a key component of our growth strategy going forward and over the past year we announced Flexible Packaging acquisitions in China, Australia, Indonesia and India. These acquisitions enhance our ability to create value for our customers and improves our unique global footprint.”

    Business Group Performance
    Commenting on business segment performance, Mr MacKenzie said: “The Flexible Packaging segment had a solid performance with earnings up 7.1% in constant currency terms and record returns of 24.3%. The operating sales margin increased from 11.6% to 12.1% which is an outstanding achievement and reflects innovation driven product mix improvements and ongoing strong growth in emerging markets.
    “The Rigid Plastics group had a solid year with higher earnings and returns. The business benefited from continued growth in Latin America and strong improvement in the Diversified Products division from new higher value-add products."

    Outlook
    “The outlook for the 2014/15 year is for higher earnings.”
    (Amcor Ltd)
     
    25.08.2014   Controlled process reliability with GEMÜ SUMONDO®    ( Company news )

    Company news GEMÜ, the leading manufacturer of valves, measurement and control systems for the pharmaceutical industry, has developed the world's first Single-Use diaphragm valve. GEMÜ SUMONDO® represents the long-awaited paradigm change to Single-Use design: From manual systems to automation-capable and controllable plants for faultless operation and continual documentation by the plant monitoring system.
    The trend towards simplified upstream and downstream plant designs and the effective prevention of cross-contamination risks means that Single-Use disposable technology is becoming an increasingly high-profile and important field – especially in pharmaceutical process engineering.
    Single-Use design is increasingly being used particularly in the manufacture of smaller batch sizes, which are required, for example, in research and pilot plants.

    CIP/SIP processes are no longer required
    The secondary processes for cleaning and sterilisation (CIP/SIP) that are well-known and required for classic stainless material plant designs are in practice no longer necessary at all with Single-Use plants and processes. The necessary purity is guaranteed through the sterilization by gamma rays of all the process components used. This not only reduces the investment costs of such a plant, but also eliminates extremely time-consuming cleaning validation for operating media that are no longer required.
    GEMÜ SUMONDO® links the valve body and actuator together using patent-pending locking technology: After the application process, only the valve body is removed, the actuator itself can be reused repeatedly in the plant.
    The valve body is manufactured from polypropylene in a cleanroom and is gamma irradiated up to 50 kGy. It isolates the working medium hermetically from the environment and from the actuator through an ultrasonically welded TPE diaphragm. The medium remains closed off from the environment by the welded diaphragm not only during operation, but also after removing the valve body.

    Reproducible and documentable procedures
    The major advantage of GEMÜ SUMONDO ® in comparison with conventional pinch valves lies in the exact controllability of processes. Using a tried and tested actuator design from conventional plant engineering, the actuator can also transmit feedback to the plant monitoring system as required to ensure complete monitoring of the controlled system. This means that pharmaceutical processes can be more easily documented, reproduced and validated.
    The increased levels of automation also mean that the systems are less likely to have faults.

    GEMÜ SUMONDO® is initially available in three valve body versions in the nominal sizes 3/8" to 1" with hose barb or clamp connection. The body is available as a straight way, T- and angle valve (right) design. The products are already in use in several testing facilities at development partners.
    (GEMÜ Gebr. Müller Apparatebau GmbH & Co. KG)
     
    22.08.2014   Holmen's interim report January-June 2014    ( Company news )

    Company news -Operating profit was SEK 740 million (January–June 2013: 405). The improvement in profit is due to higher prices for printing paper and sawn timber, as well as reduced costs. Profit for the previous year was impacted by items affecting comparability of SEK -140 million.
    -In the second quarter operating profit amounted to SEK 351 million, SEK 38 million lower than in the first quarter as a result of seasonally lower hydro power production.
    -Profit after tax amounted to SEK 526 million (274), which corresponds to earnings per share of SEK 6.3 (3.3). Return on equity was 5.0 per cent (2.6).
    -The market situation for paperboard during the quarter was stable, but it weakened for printing paper. For sawn timber the market situation was good for pine, but it weakened for spruce.

    Photo: Hallsta Paper Mill

    The market situation for printing paper weakened in the second quarter. Demand for printing paper in Europe fell by 3 per cent during January–May compared to the same period of last year.
    Holmen Paper’s deliveries amounted to 641 000 tonnes, which was 20 per cent lower compared to the same period last year as a result of the closure of two paper machines in the autumn of 2013. The strategic product segments MF Magazine and book paper accounted for just over half of deliveries.

    Operating profit for the first half-year was SEK 45 million (-191), excluding items affecting comparability. The improvement in profit is due to higher selling prices and reduced costs as a result of implemented rationalisations and lower electricity and wood prices.
    Depreciation has decreased following the implementation of closures.
    Compared with the first quarter, operating profit improved by SEK 34
    million to SEK 40 million. Costs decreased, in part as a result of seasonally lower electricity prices, while volumes were lower due to a
    weaker market situation. A new energy supply was successfully commissioned at Hallsta Paper Mill during the quarter.
    (Holmen AB)
     
    22.08.2014   Kadant Reports 2014 Second Quarter Results: Achieves Record Revenue, Bookings, Backlog and...    ( Company news )

    Company news ... Adjusted Diluted EPS

    Lowers Guidance for 2014 due to Project Delays

    Photo: Jonathan W. Painter, President and Chief Executive Officer

    v (NYSE:KAI) reported its financial results for the second quarter ended June 28, 2014.

    Second Quarter 2014 Financial Highlights
    -GAAP diluted earnings per share (EPS) from continuing operations increased 37% to $0.70 in the second quarter of 2014 compared to $0.51 in the second quarter of 2013. Guidance was $0.66 to $0.68. Our adjusted diluted EPS of $0.70 in the second quarter of 2014 set a new quarterly record.
    -Revenue increased 28% to a record $105 million in the second quarter of 2014, including $10 million from acquisitions, compared to $82 million in the second quarter of 2013. Excluding acquisitions, revenue increased 15% in the second quarter of 2014 compared to the second quarter of 2013. Guidance was $104 to $106 million.
    -Bookings increased 32% to a record $115 million in the second quarter of 2014, including $14 million from acquisitions, compared to $87 million in the second quarter of 2013. Excluding acquisitions, bookings increased 16% in the second quarter of 2014 compared to the second quarter of 2013.
    -Parts and consumables bookings increased 26% to a record $66 million in the second quarter of 2014, compared to $53 million in the second quarter of 2013.
    -Gross margin was 43.0% in the second quarter of 2014, compared to a record 48.6% in the second quarter of 2013.
    -Net income from continuing operations was $8 million in the second quarter of 2014 compared to $6 million in the second quarter of 2013.
    -Adjusted EBITDA increased 39% to a record $15 million in the second quarter of 2014 compared to $11 million in the second quarter of 2013.
    -Backlog was a record $129 million at the end of the second quarter of 2014.
    -Repurchased 255,135 shares of common stock for $9 million in the second quarter of 2014.

    Management Commentary
    “We had an outstanding quarter and set a number of financial records including revenue, bookings, backlog, adjusted operating income, adjusted EBITDA, and adjusted diluted EPS,” said Jonathan W. Painter, president and chief executive officer of Kadant Inc. “Our diluted earnings per share from continuing operations was $0.70 in the second quarter of 2014, which included $0.04 of expense related to acquired profit in inventory and backlog associated with businesses acquired in 2013.
    “Revenue was a record $105 million in the second quarter of 2014, increasing 28 percent compared to the second quarter of 2013 with increases in all our major geographic regions except South America. I’m particularly pleased that internal growth, which excludes acquisitions, made up over half of this revenue increase. Our parts and consumables revenue was a record $63 million in the second quarter of 2014, increasing 19 percent compared to the second quarter of 2013.
    “Despite the decrease in gross margin in the second quarter of 2014 compared to the second quarter 2013, we had excellent operating margins primarily due to improved operating leverage in selling, general, and administrative expenses. Our operating income was $12 million, or 11.5 percent of revenue, in the second quarter of 2014, compared to $8 million, or 10.3 percent of revenue, in the second quarter of 2013. Our adjusted operating income was a record $13 million in the second quarter of 2014, or 12.1 percent of revenue, compared to $9 million, or 10.5 percent of revenue, in the second quarter of 2013.
    “Our bookings of $115 million in the second quarter of 2014, including $14 million from acquisitions, increased 32 percent compared to the second quarter of 2013. Excluding bookings from acquisitions, our bookings in the second quarter of 2014 increased 16 percent compared to the second quarter of 2013. We ended the quarter with a record backlog of $129 million.”

    Second Quarter 2014
    Kadant reported record revenue of $104.8 million in the second quarter of 2014, an increase of $22.6 million, or 28 percent, compared with $82.2 million in the second quarter of 2013. Revenue for the second quarter of 2014 included $10.1 million from acquisitions and a $1.2 million increase from foreign currency translation compared to the second quarter of 2013. Operating income from continuing operations was $12.0 million in the second quarter of 2014, including $0.6 million of expense related to acquired inventory and backlog and $0.1 million of restructuring costs, compared to $8.4 million in the second quarter of 2013, including a $1.7 million gain on the sale of assets and a $1.9 million acquisition-related restructuring charge. Adjusted operating income, a non-GAAP measure, was a record $12.7 million in the second quarter of 2014 compared to $8.6 million in the second quarter of 2013.
    Both net income and adjusted net income, a non-GAAP measure, from continuing operations were $7.9 million or $0.70 per diluted share, in the second quarter of 2014, compared to $5.8 million, or $0.51 per diluted share, in the second quarter of 2013.
    (Kadant Inc.)
     
    22.08.2014   Cascades Announces Strategic Optimization and Expansion of Its Tissue Activities in the ...    ( Company news )

    Company news ...Southeastern United States

    Cascades Inc. (TSX: CAS), a North American leader in the recovery, manufacturing and converting of green packaging and tissue paper products, announces the installation of a new tissue converting facility in Wagram, North Carolina. This investment will reorganize and expand the Company's converting activities in the Southeastern United States - a targeted area of growth for the Corporation. The total estimated cost of the project is US$55 million and the start-up is planned for the end of 2014.
    Suzanne Blanchet (photo), Cascades Tissue Group's current President and CEO, commented on the project, "Cascades is expanding its presence in the Southeast, one of the fastest growing markets in the United States . This investment will allow us to optimize our converting platform by relocating equipment presently used elsewhere, by adding new manufacturing equipment and installing robotized warehouse management. In doing so, we are moving closer to many key markets, and improving our productivity and logistics while enhancing customer service."

    The total annual capacity for the new converting plant is approximately 10 million cases on six converting lines, with the capacity to produce various tissue products including bathroom tissue, kitchen towels, paper napkins and hand towels for both the Away-from-Home and Consumer Products markets.

    "Cascades has made clear its intention to prioritize investments in the tissue paper and packaging products sectors," added Mario Plourde , President and CEO of Cascades Inc. "This new investment in Wagram will allow us to further improve our tissue manufacturing and customer service through the addition of an ultra-modern converting plant that will be ideally situated to serve the growing needs of our customers."
    (Cascades Inc.)
     
    22.08.2014   Lenzing Group: Ongoing Difficult Market Situation in the First Half of 2014    ( Company news )

    Company news -New record half-year fiber sales volume with all plants operating at full capacity
    -Successful start-up of large-scale TENCEL® production plant in Lenzing
    -Further intensification of the cost optimization program excelLENZ
    -Significantly lower average fiber selling prices burden consolidated sales and earnings

    Photo: Lenzing’s Chief Financial Officer Finanzvorstand Thomas Riegler

    The business development of the Lenzing Group in the first half of 2014 was impacted by the ongoing difficult market conditions featuring considerably lower average fiber selling prices. The cost reduction program excelLENZ successfully initiated in 2013 was only able to partially offset the decline in sales and earnings in the first six months of 2014.
    Consolidated sales in the first half-year 2014 declined by 9.1% to EUR 900.0 mn from the prior-year level of EUR 989.9 mn. More than half of this sales decrease can be attributed to the one-off effects relating to the divestment of the Business Unit Plastics towards the end of the second quarter of 2013 (H1 2013 sales of Lenzing Plastics: EUR 49.9 mn). On a like-for-like basis involving a year-to-year comparison of continuing operations, consolidated sales were down by 4.3% to EUR 900.0 mn from EUR 940.0 mn in the previous year. The significantly lower average fiber selling prices could not be offset by higher fiber shipment volumes and an improved product mix. Average fiber selling prices of the Lenzing Group in the first half of 2014 equaled EUR 1.54/kg, comprising a drop of 12.5% from the level of EUR 1.76/kg in the first half of 2013.
    Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) from continuing operations in the first half-year totaled EUR 91.9 mn (H1 2013: EUR 129.1 mn). This represents a decrease of 28.8% from the first half of 2013. The consolidated half-year earnings before interest and taxes (EBIT) from continuing operations amounted to EUR 32.4 mn, a drop of 56.1% from EUR 73.8 mn in the previous year.

    Further intensification of the cost optimization program excelLENZ 2.0
    Due to the continuing tense price development on the global market for viscose fibers, additional cost savings were initiated within the context of the efficiency enhancement program excelLENZ 2.0. In light of the current level of fiber prices, the originally planned savings of about EUR 60 mn in 2014 are not sufficient for Lenzing to be able to profitably manufacture fibers, especially at its European sites. “The previously implemented measures have already proven to be effective. Once again we were able to increase the savings generated in the year 2014. In light of the continuing market weakness we have to further sharpen the targeted annual cost savings of up to EUR 160 mn. Moreover, we want to reach these targets more quickly”, explains Chief Executive Officer Peter Untersperger. Cost savings of up to EUR 90 mn are now expected for the current financial year, one-third higher than originally budgeted.
    “At the same time, in light of the current market distortions, we have cut back investments to a minimum“, adds Lenzing’s Chief Financial Officer Finanzvorstand Thomas Riegler. CAPEX totaled EUR 64.2 mn in the first half of 2014, below the comparable figure of EUR EUR 134.4 mn in the prior-year period. The focal point of the investment activity was the completion of the new TENCEL® production plant in Lenzing as well as modernization work on existing fiber production lines. “Another priority is proactive cash management in addition to a selective investment policy. Accordingly, non-current liabilities could be reduced by 5.6% to EUR 758.1 mn (H1 2013: EUR 803.0 mn). Trade working capital could be improved thanks to a strict working capital management”, Riegler says.

    Specialty strategy to counter the price decline
    Lenzing is counteracting the sharp drop in fiber selling prices by more intensively focusing on specialty fibers and the more stable nonwovens business at the expense of the more cyclically sensitive textile sector. Both Lenzing Modal® as well as TENCEL® reported ongoing high demand and very good sales volumes throughout the entire first half of 2014, also generating attractive price premiums at the same time.
    The resolute optimization of the customer structure and sales regions ensures that Lenzing will continue to obtain premium prices, even for its standard viscose fibers, which are higher than the level for other viscose fiber manufacturers. Other specialty fibers such as Lenzing Modal® have also profited from an active shift towards sales markets with attractive contribution margins.

    Successful start-up of the TENCEL® plant in Lenzing
    In the first half of 2014 the Lenzing Group completed and successfully initiated production at its new TENCEL® jumbo production facility, the largest in the world, at the Lenzing site. The plant is in the midst of a stable ramp-up phase. The feedback on the part of the market is very positive. Thanks to the new plant, annual nominal TENCEL® production capacity of the Lenzing Group will rise from 155,000 tons p.a. to about 220,000 tons. In this way Lenzing will further expand upon its global market leadership for TENCEL® fibers.
    This facility comprises the first time in which a single production line with an annual nominal capacity of 67,000 tons was installed. Previous TENCEL® production lines were usually only one-quarter as large. The new plant design incorporates lessons learned from the longstanding experience of the three existing Lenzing Group TENCEL® production plants located in Austria, USA and Great Britain. As a consequence, the new TENCEL® plant in Lenzing represents the world’s leading generation of TENCEL® technology.

    Outlook
    There are no perceptible signs of any easing of the situation on the global fiber market in the second half of 2014. The expectation of a cotton harvest which is lower than in the previous year but still exceeds annual consumption is triggering further pressure on global cotton prices and thus on all fiber prices.
    In spite of good volume demand, a further price decline for man-made cellulose fibers cannot be excluded. The excess supply of standard viscose fibers will continue to prevail in the second half of the year. As a consequence of the high world market share of Chinese cellulose fiber manufacturers (60%), the resulting low fiber selling price levels impact other important sales markets and repeated measures initiated to stabilize prices are bound to fail. Only a slight improvement in price levels is expected during the course of the year 2015 at the earliest. Lenzing is counteracting this situation by intensifying its excelLENZ cost reduction and efficiency enhancement program, which should enable higher savings to be achieved in 2015. The selective investment policy and cash optimization measures will be further pursued.
    In its operating business, Lenzing will continue to determinedly promote its specialty fibers Lenzing Modal® and TENCEL®. In this case, the focus will be on ramping up the new TENCEL® plant at the Lenzing site to achieve a production volume of 30,000 tons in 2014, and to sell these additional fiber volumes.
    (Lenzing Papier GmbH)
     
    22.08.2014   Cham Paper Group Holding AG: Dynamic revenue performance and clear-cut improvements in results    ( Company news )

    Company news - Dynamic revenue performance thanks to favourable market conditions and successful products
    - Significant improvement in results, EBIT margin climbs to 4.7% - Continued transfer of technology to Italy planned for 2015 - Urban planning competition for "Papieri" site successfully completed - Healthy balance sheet, equity ratio again exceeds 50%

    The Cham Paper Group got off to an excellent start in 2014. The favourable economic climate, the continued growth in demand for the strategic products of all key product groups in all segments, and the positive perception of the Cham Paper brand have led to favourable half-year results. To further optimise the competitive strength of the Group's speciality papers, the company has decided to continue the transfer of technology from Switzerland to Italy and invest accordingly in the Italian mills, which will lead to another increase in productivity there. Relocation of the coating technology operations currently run from Cham for producing the digital imaging and barrier papers is scheduled to take place in the first quarter of 2015, and is expected to result in a further staff reduction of approx. 50 in Switzerland.

    During the first six months, total revenue dropped to CHF 116.7 million as a result of less profitable products being discontinued. The production of speciality papers at both Italian mills increased by 6.0% to 70,729 tonnes, resulting in a revenue increase of 12.4% to CHF 101.0 million. In Switzerland, proceeds from the production of finished base paper increased to CHF 15.7 million. In the Digital Imaging unit in Cham, growth amounted to 18.7%. At CHF 5.5 million (EBIT margin of 4.7%), the operating result achieved by the Group was significantly above that of the corresponding period in the previous year (CHF 2.9 million, EBIT margin: 1.7%), that still being affected by the demanding transformation phase. The net profit of the first six months amounted to CHF 3.6 million.

    Dynamic growth of core products in all markets
    Consumer Goods: The demand for flexible packaging papers showed positive trends thanks in part to a slightly improved economy in our primary market, Europe. The single-sided coated papers for high-end packaging were particularly in demand. Developments in our key Asian market was in line with expectations, the papers for the tobacco market in China in particular generating high sales figures. Capacity utilisation at our mill in Carmignano which manufactures these papers was high during the first half of 2014.

    Industrial Release: Sales of our glassine papers trended slightly upwards. Our primary market Europe remained stable, and thanks to the advantages afforded by our superior quality we were able to expand market share. Unfortunately sales in Asia fell short of our expectations as the price war there did not allow for any profitable growth.

    Digital Imaging: The market for digital sublimation printing of textiles continues to exhibit above-average growth. Digital sublimation printing is increasingly coming to supplant classic printing technologies so that the market potential in this segment is on the rise thanks to the technical innovations of our customers. Our recently revamped product range is meeting with considerable interest in the marketplace. Sales in this area have expanded significantly, particularly in Europe and the USA.

    Continued reluctance of the market to accept barrier products
    Although further progress has been achieved with the innovative Barnamic barrier papers - these products are currently undergoing testing by several potential customers - the restraint already observed last year with regard to ordering continues unabated. Many customers (still) perceive a switchover to this brand-new class of food packaging to be too risky. This realisation has also meant that the business plan for the operations in Cham has had to undergo a reassessment. At present it is clear that the volume required for satisfying the fundamental economic prerequisites for constructing a new coating unit in the area of Cham proposed for 2016 will not be achieved in the foreseeable future.

    Integration in northern Italy instead of constructing a new plant in Switzerland
    Consequently the Board of Directors is currently planning to have the products to which finishes are currently applied in Cham integrated, along with their associated technology, in the company's own coating unit of the Carmignano mill in northern Italy, and to dispense with constructing a new facility in Switzerland. Integration will be part of an investment programme which has been initiated to modernise and expand capacity at Carmignano and is to be completed in 2015. The associated reduction in staff by approx. 50 at the technology centre in Cham will be deliberated with social partners in a consultation procedure. Plans have been made to support employees with a redundancy scheme in a manner similar to the one that has proved effective during the past two years. This means that only 30 to 40 jobs will remain in Cham in the future. These include research & development in the Digital Imaging unit, marketing & sales, small roll processing and group functions. To carry through the transfer, we are currently reckoning with provisions and value adjustments of approx. CHF 4.0 million. However, they are non-cash only in part and will be recognised in the 2014 financial year.

    Balance sheet continues to be robust
    During the first six months the Cham Paper Group succeeded in optimising its level of trade receivables and inventories of raw stock and finished goods on hand, which resulted in a reduction in tied-up capital of CHF 8.1 million. This infusion of cash was used in part to pay suppliers earlier and thus benefit from more favourable purchasing terms. Following this practice led to an increase in net working capital of 4.7%, which resulted in a slightly negative free cash flow of CHF 0.8 million during the reporting period. Despite repaying liabilities to banks in the amount of CHF 6.8 million and a dividend yield to shareholders of CHF 2.2 million, the Group had cash reserves of CHF 44.6 million at the end of the period under review and thus is free of net debt. The equity ratio increased again by 5.6% and now amounts to a comfortable 51.9%.

    Test planning and urban planning competition in Cham concluded In October 2013 four planning teams were tasked with the challenge of developing a concept for utilising the "Papieri" site located in the residential area of the municipality of Cham. In doing so they took into account the objectives and issues that had been previously formulated in concert with local residents in various workshops. At the end of June 2014, a review committee consisting of external experts, representatives of the municipality of Cham, Cham Paper Group Schweiz AG and various cantonal agencies unanimously decided in favour of one of the four concepts as a guide project for elaborating a master plan. A fully developed proposal is scheduled to be submitted to the municipality of Cham for a referendum in 2016.

    Positive outlook despite demanding tasks
    The Board of Directors and the Executive Management Board are confidently expecting continued business performance during the current year and beyond. A slightly positive net result is expected for the year, despite the provisions required for the technology transfer. In the wake of the successful transformation, the Group is well-placed and will continue to benefit from the strong performance capabilities of its products and services in all markets. However, this is predicated on continued improvements in performance at all levels in the future.
    (Cham Paper Group Schweiz AG)
     
    22.08.2014   Valmet: Strong development in orders received continued – profitability improvement proceeding ...    ( Company news )

    Company news ... according to plan

    Photo: President and CEO Pasi Laine

    Valmet has formed a separate legal group as of December 31, 2013. The financial information presented in this Interim Review is based on actual figures as an independent group after the consummation of the
    demerger and carve-out figures prior to the consummation of the demerger. The carve-out financial information presented in this Interim Review reflects the performance and financial position of the entities that have historically formed the Pulp, Paper and Power segment within Metso Group.

    April–June 2014: Profitability improved during the second quarter
    -Orders received amounted to EUR 1,023 million (EUR 861 million).
    -Orders received increased in the Pulp and Energy, and Paper business lines.
    -Net sales declined by 18 percent to EUR 588 million (EUR 714 million).
    -Net sales remained on a par with Q2/2013 in Services, and Pulp and Energy business lines, and declined in Paper business line.
    -Earnings before interest, taxes and amortization (EBITA) and non-recurring items were EUR 22 million (EUR 22 million), and the corresponding EBITA margin was 3.7 percent (3.1%).
    -Profitability improved compared with both Q2/2013 and Q1/2014.
    -Full impact of savings program visible in selling, general and administrative expenses.
    -Earnings per share were EUR 0.07 (EUR 0.01).
    -Non-recurring items amounted to EUR 0 million (EUR -11 million).
    -Cash flow provided by operating activities was EUR 46 million (EUR -12
    million).

    January–June 2014: Strong development in orders received
    -Orders received amounted to EUR 2,124 million (EUR 1,372 million).
    -Orders received increased in the Pulp and Energy and Paper business lines.
    -Net sales declined 18 percent to EUR 1,107 million (EUR 1,345 million).
    -Net sales declined in capital business, and remained at the previous year’s level in services business.
    -Earnings before interest, taxes and amortization (EBITA) and non-recurring items were EUR 26 million (EUR 48 million), and the corresponding EBITA margin was 2.3 percent (3.4 %).
    -Earnings per share were EUR 0.03 (EUR 0.09).
    -Non-recurring items amounted to EUR -6 million (EUR -11 million).
    -Cash flow provided by operating activities was EUR 89 million (EUR -
    17 million).

    Valmet reiterates its guidance for 2014
    Valmet is reiterating its guidance presented on February 6, 2014 in which Valmet estimates that net sales in 2014 will decline from the
    2013 level and EBITA before non-recurring items will increase in comparison with 2013.

    General economic outlook
    The global growth projection for 2014 has been marked down by 0.3 percent to 3.4 percent, reflecting both the legacy of the weak first quarter, particularly in the United States, and a less optimistic outlook for several emerging markets. With somewhat stronger growth expected in some advanced economies next year, the global growth projection for 2015 remains at 4 percent. (International Monetary Fund, July 24, 2014)

    Short-term market outlook
    Based on Valmet’s improved utilization of adjusted capacity and expectations for customer activity, the short-term market outlook for
    board and paper has improved to a good level (previously satisfactory level). Valmet reiterates the satisfactory short-term market outlook for services, pulp, energy, and tissue, as presented on February 6, 2014.

    President and CEO Pasi Laine: Focus remains on improving profitability
    Customer activity revived in the first quarter of 2014 and continued
    on the same level in the second quarter.
    During the first half of 2014, we have received almost as much orders as during the full year of 2013.
    In addition to a few major orders, we have continued to receive orders from different customer industries and geographical areas. Particularly the orders received by the Paper business line and Energy
    business increased strongly in the second quarter, while the orders
    continued to be on a good level in Pulp.
    The development of the Services business line was stable during the second quarter.
    Our profitability improved in the second quarter compared with both
    Q2/2013 and the first quarter of 2014.
    We have proceeded well with our savings program, which was initiated in 2013, and the full impact of the savings program is visible in selling, general and administrative expenses.
    However, the profitability is still below our target level. Therefore, Valmet’s key focus remains on improving profitability. In addition to the implementation of the savings program, we are also focusing on improving our processes, for example reducing quality costs and saving on procurement, to reach the targeted level. A stronger order backlog combined with the executed cost savings gives us a good starting point for the rest of 2014.
    We have upgraded the short-term market outlook in board and paper to a good level, based on our expectations for customer activity and improved utilization of our adjusted capacity.
    (Valmet Corporation)
     
    22.08.2014   Roquette will take a majority shareholding in Amilina, a Lithuanian producer of starch and ...    ( Company news )

    Company news ... derivatives, subject to approval by competition authorities

    Roquette confirms its ambition to become a major player in the Northern and Eastern European markets.

    Roquette, a world leader in the processing of plant-based raw materials and No. 2 in the European starch sector, will acquire a controlling stake in the Lithuanian company. The move follows three years of successful collaboration between the two partners.
    The transaction consisting in the acquisition by Roquette of additional shares from Amilina’s other shareholders, has been finalized and is now to be submitted to the competent competition authorities for approval before implementation.
    Acquiring an initial minority stake in Amilina in May 2011, Roquette made available its technological know-how to increase the capacities of the Lithuanian company and thus offer to Northern and Eastern European markets new solutions coming from wheat.

    Since 2012, industrial customers have been able to benefit from high-performance cationic modified starches produced in Lithuania.
    A glucose plant was also built. This unit dedicated to the production of liquid sweeteners benefited from the latest technologies, in order to respond to the quality criteria required by food customers. The production unit obtained FSSC 22000 certification in April 2014. This food safety certification is an important step for Amilina on the food-ingredients market.
    Roquette has also shared its values with Amilina, in particular its environmental concerns. Thus, a wood-biomass boiler was set up to produce steam for the factory, replacing the existing gas-burning boilers. The partners also wanted to use renewable energy sources from the local area, in order to reduce the fossil fuels requirements thereby diminishing greenhouse gas emissions.
    Following the initial partnership established in 2011, Roquette’s decision to increase its stake in Amilina is the natural next step. It will reinforce Amilina’s position as the largest starch producer within the Baltic and Nordic countries. Keeping the management in place is a further gage of stability.

    Gianfranco Patrucco, Executive Vice President Europe, Roquette: “In 2011, driven by our ambition to achieve and our passion for the starch industry, we decided to enter into a partnership with Amilina, whose factory benefited from a very attractive location. This was the largest French investment in Lithuanian agribusiness and was a real opportunity.
    Today, we can confirm that the partnership has been a real success. Our collaboration with Amilina over the last 3 years has been very beneficial for food and industrial markets (paper, chemistry, etc.) We are now pleased to intensify our presence close to our customers in the regions of Northern and Eastern Europe.
    Roquette seeks to reinforce its position in starch and related specialties, and this bid to increase its stake in Amilina is a perfect illustration of this ambition.”

    Danas Tvarijonavicius, Amilina Chairman: “A former mill, Amilina began producing wheat starch in 2007. The factory, located in Panevėžys, the capital of the province of Upper Lithuania in the north of the country, is at the heart of an agricultural zone in full development, producing a large surplus of wheat. This Lithuanian wheat, all the components of which are used in food and industrial sectors, constitutes an excellent opportunity to stimulate the local economy.
    Since 2011, thanks to our technological collaboration with Roquette, the starch plant has been modernized and the product range extended, which has allowed us to develop our markets and better respond to the expectations of our customers. We are very proud now to intensify our partnership with Roquette.”
    (Roquette Frères S.A.)
     
    22.08.2014   19th International Forum 'PULP & PAPER IN RUSSIA AND THE CIS'    ( Company news )

    Company news Log on to www.russian-paper.com to download the brochure and register your attendance at the 19th International Forum “PULP & PAPER IN RUSSIA AND THE CIS.”

    The main CIS pulp & paper industry gathering will take place on 2nd – 4th December in Vienna.
    A host of special features and hot topics, lots of informal networking and a cultural programme are awaiting you in Vienna at Pulp & Paper in Russia and the CIS 2014.
    ONE-ON-ONE meetings will be conducted again in 2014! 250+ meetings took place during the forum enabling people to meet and discuss ideas and potential partnerships and new deals.

    HOT ISSUES TO BE DISCUSSED IN 2014:
    Day 1:
    •STRATEGIC PRIORITIES for pulp & paper producers in Russia
    •Spotlight on KEY RUSSIAN PULP & PAPER PROJECTS, including Big Bratsk Pulp Mill, Big Koryazhma Office Paper Mill, Amazarsky Pulp Mill and other projects
    •MAJOR TRENDS in the global pulp & paper industry

    Day 2:
    •In-depth analysis of SUPPLY & DEMAND for a range of pulp & paper products both internationally and in Russia
    •Opportunities for creating NEW PRODUCT LINES in paper and board
    •Dedicated in-depth sessions on TISSUE, OFFICE PAPER and WASTE PAPER

    Day 3:
    How to REDUCE PRODUCTION COSTS and INCREASE EFFICIENCY?
    -Review of the latest modernisation projects: efficiency vs. costs
    -How to run a pulp & paper business in line with today’s challenges?
    -Innovations and technologies that are proven to reduce production costs without compromising product quality and much more!

    Bookmark our website for speaker and programme updates:
    http://www.russian-paper.com/AS2328BNKpr
    (Adam Smith Conferences)
     
    22.08.2014   FutureMark Alsip to Idle Mill    ( Company news )

    Company news -FutureMark Alsip announces plan to indefinitely idle its mill in early September.
    -Decision driven by insurmountable market conditions in the North American coated paper market including
    historic low pricing in coated papers and unprecedented energy costs.
    -Two week notice given to customers to run out critical orders.
    -Company is currently working with an investment bank with extensive background in the paper industry to assist in maximizing the value of Alsip in a sale, with the ultimate goal of finding the best value for this facility for the creditors and recalling the workforce.

    FutureMark Alsip (Alsip Acquisition, LLC) announced that, due to increasingly challenging market conditions in the North American coated paper market, it will indefinitely idle its mill in early
    September.
    Alsip is the only facility in North America making coated publication and printing papers predominantly from recycled materials.
    “This is an extremely difficult decision for us given the exceptional achievements of the Alsip mill in producing coated papers with unmatched levels of recycled content and the dedicated work of all of our employees,” said Stephen L. Silver, CEO of Alsip.
    “We explored many options to avoid this action, but the brutal reality for all coated paper manufacturers today is that falling demand and pricing pressure from lower-quality uncoated substitutes has driven prices to near historic lows.
    Combined with massive increases in energy costs over the winter, this pricing pressure has made it impossible for us to continue our Alsip operations at this time.”
    The coated paper market is under increasing pressure as coated mechanical paper prices continue to decline and energy prices remain high following a winter with record cold weather. Aggravating an already weak market, the Canadian government’s estimated $200 million subsidy of the previously bankrupt Port Hawkesbury paper mill in Nova Scotia in 2012 enabled that mill to reopen and flood the market with 40,000 tons per month of low-cost supercalendered paper, creating an overcapacity that has most U.S. coated players operating at a loss.
    Alsip will remain open for up to two weeks to fulfill orders and support customer efforts to transition to new suppliers. The mill presently employs 170 workers, and the announcement will affect all positions at the mill.
    After running out customer orders, a closure team will remain on site for a period of time to shut down the machine, maintain the facility and infrastructure, and support customers in the smooth transition of products and services.

    FutureMark Alsip participates in joint marketing activities with a separate and independent company, FutureMark Manistique (MPI-Acquisition, LLC) under the FutureMark Paper Group brand. FutureMark Manistique will continue to operate.
    Alsip explored all alternatives for avoiding this shutdown, including expanded debt facilities, attempts to locate new investment and possible sale of the company.
    Alsip also received cooperation from its union and salaried employees in the form of wage concessions, however, some recent operational issues on top of continued poor market conditions led to a severe liquidity crisis.
    “We appreciate the tireless efforts of all of our Alsip employees and the warm support the community and local government has extended to us throughout our many years of operation in this region,” said Silver. “We deeply regret the impact this will have on all involved. We fought as long and hard as we could.”
    The company is currently working with an investment bank with an extensive background in the paper industry to assist in evaluating alternatives for maximizing the value of Alsip in a sale - including converting the facility to a stand-alone de-ink pulp mill for the sale of recycled fiber; using the site to manufacture tissue; converting the mill for the manufacture of packaging papers, or continuing its current line of coated papers.
    The company is actively engaged in a number of conversations with interested parties to explore these options with the ultimate goal of finding the best value for this facility for the creditors and recalling the workforce as soon as possible. At this time, the company has received expressions of interest from several potential buyers.
    (FutureMark® Paper Group)
     
    21.08.2014   Creative Graphics achieves Esko HD Flexo Certification     ( Company news )

    Company news Creative Graphics, one of India’s biggest and fastest growing flexo prepress and trade platemaking businesses based in Noida in the Delhi National Capital Region, has entered the top rung of flexo platemaking. The company’s drive for technological excellence culminated with its recent absorption of the Esko HD Flexo technology and ultimately, Esko HD Flexo Certification. On Friday 25 July 2014, Mr. Srihari Rao, Sales Director of Esko India, presented the HD Flexo Certification personally to Creative Graphics proprietor Mr. Deepanshu Goel at the company’s premises in Noida.

    Mr. Srihari Rao said, “I am extremely pleased at Creative Graphics success in achieving Esko HD Flexo Certification which gives flexo printers in India an opportunity to match the best quality in flexographic print to be found anywhere in the world. Apart from this global benchmarking, I'm impressed by the high volume of production that Mr. Deepanshu Goel and Creative are delivering to printers and converters.”

    Mr. Deepanshu Goel explains that his company is a long-time user of Esko packaging software including DeskPack, Plato and FlexRip, which successfully expanded its operations in the last two years with the addition of a large format CDI Spark 4260 output device for producing the highest quality flexographic plates. The company is a leading flexo plate supplier to the copybook, corrugated carton, flexible packaging and label industry in the country and with a second plant in Hyderabad, the only multi-location flexographic trade operation in the country.

    The Esko HD Flexo certification process entailed qualifying plates and creating appropriate screen sets based on customers’ presses and conditions. Mr. Deepanshu Goel says, “We have invested in calibration, training and testing in this certification process, including the examination of test prints and ultimately the examination of running production prints by Esko’s experts.”

    The advantages of Esko HD Flexo
    Mr. Deepanshu Goel explains some of the advantages of Esko HD Flexo for his flexo plate customers. “Plates made with Esko HD Flexo allow better ink coverage in shadows, improving solid densities and eliminating pinholes while also providing softer vignettes,” says Mr. Deepanshu Goel. “The improved surface texture of the dots themselves, allow the use of a single anilox roller even with halftones on the same plate that use a variety of screen rulings. In addition, our HD Flexo plates are more robust and since they require less pressure for achieving a better layer of ink transfer they are able to produce longer print runs with exceptional quality.”
    (EskoArtwork Belgium)
     
    21.08.2014   Verso Paper Corp. Reports Second Quarter 2014 Results    ( Company news )

    Company news Closing of NewPage Acquisition Still on Track for Second Half of 2014

    Photo: David Paterson, President and Chief Executive Officer of Verso

    Verso Paper Corp. (NYSE: VRS) reported financial results for the second quarter and six months ended June 30, 2014. Results for the quarters ended June 30, 2014 and 2013 include:
    •Net sales of $320.9 million in the second quarter of 2014 compared to $330.4 million in the second quarter of 2013.
    •Net loss before items of $34.3 million, or $0.64 per diluted share, in the second quarter of 2014, compared to net loss before items of $39.2 million, or $0.74 per diluted share, in the second quarter of 2013.
    •Adjusted EBITDA before pro forma effects of profitability program of $27.6 million in the second quarter of 2014, compared to $22.2 million in the second quarter of 2013

    Overview
    Verso’s net sales for the second quarter of 2014 decreased $9.5 million, or 2.9%, compared to the second quarter of 2013, reflecting a
    4.2% decrease in average sales price per ton and a 1.4% increase in total sales volume. Prices for our pulp segment were higher while coated and other segment prices declined. Continued declines in the coated paper market were offset by operational and input price improvements.
    “During the second quarter we experienced continued strength in the pulp and specialty paper segments of our business," said David Paterson, President and Chief Executive Officer of Verso. "We experienced double digit improvements in these segments over the previous year, and we expect them to remain strong into the third quarter of 2014. During the second quarter our coated papers segment continued to show weakness in both price and volumes on a year over year basis.
    “On the operations side, we continued to reduce our costs utilizing our R-Gap process and managing our SG&A and capital costs. Finally, we continued to make good progress during the quarter on our proposed acquisition of NewPage.”
    (Verso Paper Corp.)
     
    21.08.2014   Hahnemühle Paper Launch and Artist Signing    ( Company news )

    Hahnemühle invites six photographers for Artist Signing sessions on each photokina day. An exclusive, limited Hahnemühle photokina-Edition each of 100 prints by Stefan Milev, Kirill Golovchenko, Nomi Baumgartl, Mario Marino, Andreas H. Bitesnich and Jochen Brillowski will be awarded to visitors. The Artist Signing will take place from September 16 to 21 at Hahnemühle´s booth in Hall 3.1, A25.

    Furthermore Hahnemühle will introduce »FineArt Baryta Satin« This natural white FineArt Baryta Satin captivates due to its satin finish and provides exceptional image results with large colour space and intense color reproduction. FineArt Baryta Satin is an ideal medium for colourful photographs and black and white photographs and reproductions as it provides an extremely deep black (Dmax), rich colours and an outstanding sharpness of details to achieve high resolution images. The 300 gsm paper is made of 100 % a-cellulose is acid-free and has no optical brighteners, and meets the requirements for longevity according to ISO 9706.
    (Hahnemühle FineArt GmbH)
    Hahnemühle FINEART

     
    21.08.2014   ABB commissions new Quality Control System at Burrows Paper Corporation's Mohawk Valley mill    ( Company news )

    Company news Replacement of existing Quality Control System will help specialty mill in Little Falls, NY consistently produce high quality paper through increased visibility and control of the papermaking process

    ABB, the leading power and automation technology group has successfully commissioned a new Quality Control System (QCS) at Burrows Paper Corporation’s Mohawk Valley Paper Mill in Little Falls, New York. The system is a replacement of the original ABB QCS that had been in place for the last 25 years. The new system was commissioned in April 2014.

    Installed on the mill’s paper machine, PM12, the new QCS system will help maintain superior product quality by providing better sensing and control of the paper machine, and automated grade change capability that will improve efficiency when making short runs of specialty products. It will also enhance operator effectiveness by increasing their visibility and control of the process. Long-term maintenance efficiencies include improved diagnostics for troubleshooting, and a modular design for quick component replacement.

    “This ABB project is an important investment that will help us continue to deliver value to our customers,” said John Sterzinar, VP Manufacturing & Engineering, Burrows Paper Group. “Over the years, ABB has delivered the solutions and services that support our comprehensive strategic plan to expand our domestic paper and global packaging business groups.

    The system includes a scanner with sensors for basis weight, moisture, ash, brightness, formation, and opacity; a Cross Direction (CD) Basis Weight Control System, including a new ABB xP Slice Profiler, and CD Moisture Control of an existing water spray. The system was installed on time and on budget, so the benefits of the improved measurement and control performance were quickly realized.

    Dave Head, Senior Electrical Engineer at Burrows Paper, managed the four person team that ultimately made the decision to go with ABB. “The excellent support that ABB has in place for their systems was the deciding factor in our team’s selection of the ABB QCS,” he commented.

    ABB and Burrows have a long history of working together. ABB installed the original QCS and other equipment at Mohawk Valley in the late 1980’s, and has delivered solutions and services to other Burrows facilities.
    (ABB Asea Brown Boveri Ltd)
     
    21.08.2014   ANDRITZ to deliver a continuous cooking system and additional fiberline equipment to ...    ( Company news )

    Company news ...Resolute Forest Products, USA

    International technology Group ANDRITZ has received an order from Resolute Forest Products to supply equipment, engineering, and field services for a new Lo-Solids continuous digester including ANDRITZ’s patented TurboFeed chip feeding system, which will replace an existing displacement batch pulping process at Resolute’s Calhoun pulp mill, Tennessee, USA. Start-up is scheduled for the third quarter of 2015.
    The Lo-Solids digester will be designed to switch between hardwood and softwood pulp production, producing 1,400 ADST of bleachable softwood and 1,659 ADST of bleachable hardwood pulp per day.
    ANDRITZ will also supply a blowline pressure diffuser and will upgrade the mill’s oxygen delignification and bleaching systems. In terms of automation, the order also includes Advanced Process Control and IDEAS dynamic simulation software.
    (Andritz AG)
     
    20.08.2014   Forest industry in January-June 2014: Total production increased slightly    ( Company news )

    Company news – growth being sought from the bioeconomy

    Total production increased slightly from the corresponding period January-June of 2013. The value of forest industry exports was up 1,6 % in January-May. European economic uncertainty is having an impact on the market for forest industry products. Every effort must be made to ensure the competitiveness of the export sector in order to protect employment and prosperity.
    The industry is seeking fresh growth from the bioeconomy. The major investments, which have a total value of some €1.5 billion, the forest industry is planning in Finland are demonstrations of this trend.
    “Forest industry investments should be spurred with competitiveness-enhancing legislation and forward-looking industrial policies. All additional burdens imposed on the industry erode competitiveness when uncertainty is the prevailing sentiment on the markets and in the economy as whole. Taxes and red tape that target businesses must be kept in check while sufficient incentives for investments are put in place,” Director General Timo Jaatinen of the Finnish Forest Industries Federation emphasises.
    “Investments in, among other things, provincial transport routes are absolutely necessary to ensure the steady flow of timber. Sector-specific, competitiveness-enhancing modernisations that correspond with the goals of the Pact for Employment and Growth must also be implemented in the labour market,” Jaatinen says.

    Paper industry production volumes unchanged
    Paper industry production in the first half of 2014 remained almost exactly level with the corresponding period of 2013. In total, 5.2 million tonnes of paper and paperboard were produced in January-June. The decline of graphic paper production has continued, but production of paperboard and some other paper grades, such as hygiene papers, grew.
    A total of 3.1 million tonnes of printing and writing paper was produced in January-June, 1.3% less than in the previous year. Consumption of graphic paper continued to decline in Europe because of structural reasons, although the rate of decline has slowed when compared to recent years.
    Some 1.5 million tonnes of paperboard was produced in January-June, 0.5% more than in the corresponding period of 2013.
    Finland produced 3.5 million tonnes of pulp in January-June. Even though production contracted, pulp exports increased more than five percent in the first half of 2014.

    European economic uncertainty affects demand for sawn timber
    Sawn timber production totalled 5.7 million cubic metres in the first half of 2014, up 4% from the corresponding period of the previous year. Sawn timber exports were very buoyant, growing almost 9% from last year January-May.
    Demand in the Asian markets, which performed strongly last year, evened out. Europe's uncertain economic situation had an eroding effect on sawn timber demand, while domestic demand was burdened by sluggish activity in the construction sector.
    Plywood production came to about 600,000 cubic metres, up 9% from the previous year. The majority of this plywood is exported to Europe.

    Timber sales stable in the first half of the year
    Timber sales were livelier than in previous years in the early part of 2014, but the pace evened out in June. Timber procurements were up 4% from the corresponding period of 2013.
    Finnish Forest Industries Federation member companies purchased 16.9 million cubic metres of timber from private forests in January-June. Sawlog purchases totalled 7.6 million cubic metres and pulpwood procurements came to 8.6 million cubic metres.
    (FFIF Finnish Forest Industries Federation)
     
    20.08.2014   Security with Mitsubishi Inkjet Paper    ( Company news )

    Company news With JETSCRIPT MH 1484 CCB, Mitsubishi HiTec Paper is introducing a totally unique, coated inkjet paper. Unique because it is equipped at the factory with a distinctive and anti-counterfeit security feature: a coloured inlay.
    By simply tearing the paper, the blue inlay is visible. Thus, an on-the-spot test of authenticity is possible, even under unfavourable testing conditions; without any extra equipment - simply, quickly and reliably.
    MH 1484 CCB is produced using the proven coating technology of Mitsubishi HiTec Paper. With its uniform matt surface, brilliant colours and individual, personalized printouts are achievable. Designed for use with dye and pigment inks, it is suitable for high-speed inkjet printing as well as for classic large format printing.
    MH 1484 CCB is the ideal inkjet paper for tickets to sporting and other events, and also for lotteries and gaming tickets, coupons, vouchers, VIP passes and much more. In short, a universal security solution for sophisticated and individual printing jobs, which opens up potential new applications to digital printers.
    (Mitsubishi HiTec Paper Europe GmbH)
     
    20.08.2014   Valmet to supply first OptiConcept M board production line in North America to Pratt Industries    ( Company news )

    Company news Valmet has made a contract with Pratt Paper (IN), LLC for the supply of the paper machine for Pratt's new greenfield paper mill in Valparaiso area, Indiana, USA. The mill will utilize recovered paper in the production of recycled linerboard and corrugated medium. The start-up of the new paper machine, PM16, is scheduled for 2015.
    The order is included in Valmet's third quarter 2014 orders received. The value of the order is not disclosed.
    "OptiConcept M is a new and modular way to design, build and operate a paper machine. Its modular approach enables short delivery times, quick start-up and low project costs. This will be Valmet's first OptiConcept M installation in North America and we are all proud to work with Pratt on this project," says Mike Gray, SVP Sales, Valmet North America.
    The new machine will have a wire width of 6.25 meters and a design speed of 1,200 m/min. Valmet's scope of delivery will comprise a complete OptiConcept M board production line from headbox to winder.
    (Valmet Corporation)
     
    20.08.2014   New EnerVent Technology Reduces Energy Costs for Tissue Makers    ( Company news )

    Company news EnerVent venting technology allows the tissue maker to increase post pressure roll consistency through grooved and drilled venting patterns in their Xtreme TS and other Stowe Woodward rubber pressure rolls, without significant loss of cover life. Results have shown potential for as much as 2 to 3 points in post pressure roll consistency improvement allowing substantial hood temperature reduction and speed increase. There is no longer a need to convert to polyurethane pressure roll covers, like Stowe Woodward Rebel, to run grooved pressure rolls for reduced drying costs.

    Benefits
    EnerVent provides the most comprehensive performance package for your tissue machine:
    -Increased post pressure roll consistencies, some by as much as 2.5% points!
    -Lower hood temperatures
    -Reduced energy consumption
    -Increased machine speeds, some by more than 250 FPM
    -Improved felt cleaning opportunities
    -More stable and sustainable pressing performance

    Applications
    EnerVent is the ideal venting solution for rubber tissue pressure roll applications. The proprietary (patent pending) engineered venting is designed with the correct effective void volume for high speed nip dewatering in the Yankee / pressure roll nip. The EnerVent system considers felt design, vacuum capacity and water handling capability, providing an engineered venting pattern of suction holes and grooves to achieve both maximum water removal and roll cover life.
    (Xerium Technologies Inc.)

     
    20.08.2014   Changing of the guard at the head of Cascades Tissue Group    ( Company news )

    Company news After more than 17 years at the head of Cascades Tissue Group, Mrs. Suzanne Blanchet (photo), President and CEO, announced that she was passing the torch and leaving the Tissue Group to join the corporate ranks of the Cascades management team as Senior Vice-President, Corporate Development. Mr. Jean Jobin will succeed her and add the title of President to that of Chief Operating Officer which he already holds.

    "I am very proud of how far we have come since we began our activities in the tissue paper sector. Starting with a single mill, we have managed to climb to the rank of fourth largest producer in North America and to become a key player, not only in the retail sector, but also in the commercial and industrial sectors. I firmly believe in the importance of ensuring the sustainability of the ingredients that have made Cascades successful since the beginning, and I am confident that the team that is now in place will lead the Group to continued growth," declared Suzanne Blanchet .

    The President and CEO of Cascades, Mario Plourde, paid tribute to Mrs. Blanchet in the following terms: "Few members of Cascades embody the values and the success of our company to the same degree as Suzanne. The first female president of a paper company in North America , she has had a profound impact on our industry and on the tissue paper sector in particular. I am very pleased that she is joining the corporate team to play, among other things, the role of strategic advisor. Her collaboration will be invaluable in helping all of Cascades to meet the challenges facing us and to continue along the path of growth."

    Mr. Jobin joined the Cascades team in 1992. Among other things, he has served as controller and manager in various groups of the company, both in North America and in Europe. He holds two master's degrees, one in operations management and another in business management. He is also a Fellow of the Society of Management Accountants of Canada. In recent years, he has distinguished himself in the Tissue Group as Executive Vice-President of Away-from-Home Products in North America.

    "In February 2013, we announced the appointment of Jean Jobin as Chief Operating Officer of the Tissue Group. His appointment marked the first step in a succession plan which we have executed today. Thanks to his leadership and his knowledge of the sector, Jean is the ideal person to succeed someone of Suzanne's calibre", declared Mario Plourde.

    "It is a great honour for me to succeed Suzanne Blanchet. Today, I wish to salute her vision and the exceptional work she has accomplished, which have enabled Cascades to become a top-rank player in the North American tissue paper market. I take on this challenge, being fully aware of the key role that our operations play in Cascades' strategic plan. Rest assured that we will be on the lookout for growth opportunities, especially in the American market," said Jean Jobin.
     
    20.08.2014   Half-year report for Koenig & Bauer (KBA): Pre-tax earnings almost balanced after six months    ( Company news )

    Company news --- Fit@All realignment progressing well --- Orders up 2.6% and 3.1% more sales than in prior year --- Web offset press orders remain disappointing --- More orders for security and special packaging printing systems
    --- EBT at –€0.1m major improvement on first quarter --- Political and economic environment impede exports --- 2014: Balanced EBT targeted for the year

    Picture: Weak growth and currencies in key threshold countries, and the unstable political environment acted as a brake on international demand for sheetfed offset presses in the second quarter of 2014

    After six months earnings of the Koenig & Bauer Group (KBA) were up significantly on the first quarter and 2013. Following a 3.1% rise in group sales to €517.8m year-on-year, group pre-tax earnings (EBT) were almost balanced after the first half-year at –€0.1m due to a pre-tax profit of €12m in the second quarter of 2014. The world’s second-largest press manufacturer still posted EBT of –€12.1m after the first three months, and a pre-tax loss of –€8.8m in 2013. The management board stated previous initiatives and the higher-margin product mix as reasons for this considerable improvement in earnings.

    Sales target of over €1bn despite political strains on export business
    KBA president and CEO Claus Bolza-Schünemann expects the first cost reductions resulting from Fit@All already in the second half of the year. This programme for group realignment to a shrunken and fundamentally changed press market has been in place since the beginning of 2014. He refers to the strain placed on the manufacturing sector and KBA’s important export business by the unforeseeable impacts of the crisis in the Ukraine, sanctions against Russia and other conflicts. Nevertheless, he stands by his goal published in spring of group sales of €1bn to €1.1bn, assuming that no major turmoil occurs. The management board also expects the significant improvement to earnings compared to 2013 to continue in the second half of this year.

    Operating profit in both business divisions
    The half-year group result came in at –€3.4m after tax deductions (2013:
    –€10.6m) and earnings per share of –€0.20 (previous year: –€0.64). Both business divisions generated an operating profit in the first six months of 2014. Sales of sheetfed offset presses were up 4.3% on last year’s figure to €257.4m and this segment posted an operating profit of €1.5m (previous year: –€9.4m) given cost savings and better margins. At €2.3m operating profit with web and special presses was below the prior-year figure (€4.5m) also due to special expenses associated with restructuring.

    Lower customer prepayments and staff cuts burden cash flow
    Cash flows from operating activities was negative at –€33.7m resulting from a reduction in trade payables, lower customer prepayments and an outflow for the ongoing staff cuts following Fit@All. After deducting cash flows for investing activities the free cash flow stood at –€43m. Funds of €141.8m and existing credit lines offer sufficient scope for upcoming measures as part of the group realignment. Less bank loans of €21.7m the net financial position was clearly positive at €120.1m. Compared to the balance sheet total the group’s equity ratio came to 24.6%.

    Lift in order intake in spite of slower demand in the sector
    According to recent statistics issued by the VDMA (German Machinery and Plant Manufacturer’s Association) orders for printing presses in the second quarter were down 16.2% on the previous year given weak growth and currencies in important threshold countries, and the unstable political environment. KBA bucked this trend thanks to its broad product spectrum with a 2.6% increase in group order intake to €456m. The total volume of incoming orders in the web and special press segment rose by 10.7% to €166.9m. This was triggered by more orders for banknote presses and coding technology, the new subsidiaries KBA-Flexotecnica and KBA-Kammann active in the special packaging sector and expansion of the service business. At €289.1m new orders for sheetfed offset presses were 1.6% lower than the prior-year figure owing to the reasons mentioned above.

    Sales up again in Europe
    A 13% decrease in domestic sales year-on-year pushed the export level to 83.4% (2013: 80.3%). Deliveries to Europe (not including Germany) rose from €129.8m the year before to €209.4m. This historic KBA core market gained ground again with 40.4% of group sales compared to 2013 (25.8%). Sales attributable to the growth region Asia and the Pacific increased slightly from €122.5m to €125.7m, with this region’s contribution remaining more or less stable at 24.3%. In North America the slump in business with newspaper presses led to a decline in sales to €52m, or 12.6% to 10% of the total. Revenue in Africa and Latin America came to €44.7m and 8.7% of group sales.

    Market-orientated group realignment on schedule
    The implementation of Fit@All has been a top priority since the beginning of this year. In recent months the company has made good progress with the planned reduction in capacity of 1,100 to 1,500 staff at production sites in Germany and abroad as well as with the bundling of similar production islands at just one site. Cancellation agreements and phased retirement schemes, or collective wage agreements and social compensation plans were agreed with over 700 employees. At the end of June 2014 the number of employees on group payroll stood at 6,110 compared to 6,158 twelve months earlier. Excluding the newly consolidated subsidiaries KBA-Kammann and KBA-Flexotecnica, and not including apprentices, trainees, temporary employees and staff on phased retirement schemes, the total fell by 242 to 5,189. It will fall to well below 5,000 by the end of the year. Many of the employees listed on group payroll have already left the company.

    New group structure in preparation
    The KBA Group’s product mix has changed considerably over the last years. This process will proceed through the various development prospects for the market segments served. Accordingly, in the second quarter the company took the first steps to reorganising the Parent into autonomous business units under the umbrella of a holding company. Through this the management board anticipates higher earnings, lower working capital and more strategic flexibility. The KBA management board aims to finalise the reorganisation under corporate law towards a transparent group structure until the AGM in May 2015.

    Outlook for 2014: positive impacts on earnings from Fit@All
    Bolza-Schünemann in the outlook for 2014: “The KBA Group will not grow this year, the newly consolidated business fields of flexible packaging and glass direct decoration will compensate at least in part for the loss in revenue of our web offset press business. High provisions for the restructuring expenses associated with Fit@All and impairments were already included in the group earnings in 2013. This year we expect the special expenses that impact on earnings to be limited. In contrast, cost savings from the measures implemented as part of Fit@All will be noticeable with positive effects in the fourth quarter of 2014 and to a greater extent in 2015. The management board is targeting a balanced pre-tax result (EBT) for 2014.” KBA will provide information in due course on further progress regarding the realignment.
    (Koenig & Bauer AG)
     
    20.08.2014   Business Forum PAP-FOR Registration opened!    ( Company news )

    Company news INTERNATIONAL BUSINESS FORUM PAP-FOR RUSSIA 2014!
    In the frames of XIII International exhibition PAP-FOR Russia 2014 for pulp and paper, forestry, tissue, converting and packaging industries.

    BUSINESS FORUM DELEGATE OPPORTUNITIES:
    • get the actual information about the industry from Russian and international industry analytics;
    • trends and forecast;
    • learn about the successful projects experience and new ideas;
    • discuss the crucial industry topics with government representatives.

    KEEP UP ON PPI HIGHLIGHTS:
    • How to grow investment attractiveness and profit of your enterprise?
    • What the new state forest policy will cause? What measures are proposed for forest usage intensification and how to avoid forest resources shortage?
    • International trends and Russian projects in bio technologies.
    • Packaging sector development: trends and new projects.
    • How to use efficiently all the tissue sector opportunities: market overview and successful Russian experience.
    • Current print paper market issues.
    • Building PPI future: how to attract young specialts to the industry?

    Attention! Limited quantity of tickets! Early birds discount!
    PAP-FOR Russia offers special terms for exhibitors and multibooking applications.
    Register today!


    NOTICE:
    PAP-FOR Russia 2014 will be held at the new venue - International Convention and Exhibition Centre EXPOFORUM! Peterburgskoye Highway, 64/1, St. Petersburg, Russia.
    (Reed Exhibitions Russia)
     
    20.08.2014   Disruptive shelf-ready packaging spotted by 76% more shoppers    ( Company news )

    Company news For the first time, brand owners can now immediately access shopper insights on how they view shelf-ready packaging in-store thanks to a brand new, exclusive partnership between Smurfit Kappa and online eye-tracking company, EyeSee.
    This new online tool enables brand owners to test and understand the impact of shelf-ready packaging on shoppers faster than ever by visualising it on a virtual supermarket shelf and collating eye-tracking results via a webcam. Full analysis of results – including facts and figures on the extent to which the product stood out, was remembered, and raised shopper curiosity in the product on the shelf – are returned within a week.
    This unique tool enables brand owners to gather insights from large numbers of shoppers more quickly and cost-effectively than ever before. It also gives the flexibility to gather insights from particular segments of shopper types. All of this shopper research is carried out online in a totally risk-free environment during the early stages of packaging development and design. This means brand owners can get their shelf-ready packaging design right before they make it real, saving customers’ time and money.

    Initial findings from EyeSee’s partnership with Smurfit Kappa shows that disruptive shelf-ready packaging – which ensures products stand out, are remembered and raise shopper curiosity on the shelf are:
    -Noticed by 76% more shoppers in the first five seconds of viewing a shelf full of competitor products.
    -Recalled by 79% more shoppers after their shopping trip.
    -Raises overall levels of curiosity and interest among almost three times as many shoppers as standard packaging.

    Arco Berkenbosch, Vice President of Marketing, Research and Development at Smurfit Kappa said,
    “For the first time ever, our unique partnership with EyeSee gives brand owners unrivalled shopper insights which quantify the performance of shelf-ready packaging, at speed and in a risk-free, virtual environment. This is another example of how we provide our customers with the deepest insights in the industry, to ensure they achieve the best possible packaging designs to help increase sales. We are still in the initial phases of our partnership with EyeSee and are excited to be rolling this out with key customers in the coming months at our new customer experience centres.”

    Olivier Tilleuil, Managing Director and Founder of EyeSee said,
    “With between 40% and 70% of purchasing decisions made in-store and 86% of consumers admitting they are ‘switchers’, brands are constantly battling it out to be the product that is first noticed and selected by shoppers. Pack stand-out has never been more important. We’re excited about our new, exclusive partnership with Smurfit Kappa, bringing their customers detailed insights and a wealth of data on how shoppers make purchasing decisions based on what they see on the shelf.”
    (Smurfit Kappa Group Headquarters plc)
     
    19.08.2014   Visit China Pavilion at PAPER-ME 2014    ( Company news )

    Company news PAPER-ME 2014 The 6th International Exhibition for Paper, Board, Tissue, Printing & Packaging, which will be held in October 22nd -24th , 2014. at Cairo International Convention Center (CICC), Cairo, Egypt. Halls (1,2,3)

    PAPER-ME 2014 is the most dedicated event in the MENA for paper and allied industries.
    It is the industry's 3-day premier event featuring paper industry key players and the latest and most comprehensive display of paper, carton, tissue, printing and packaging.

    Visit China Pavilion at PAPER-ME 2014
    Anyang Machinery Co.,Ltd., affiliated to China National United Equipment Group corp, was founded in 1968, which is one big state owned enterprise licensed to manufacture pulp and paper-making machinery, cement equipments, and chemical equipments under Chinese state owned assets supervision and administration commission of the state council. It’s situated in Anyang city, which is one of the eight ancient famous cities in China.
    Anyang Machinery Co.,Ltd. has won high reputation among both domestic and overseas clients by contributing to the market with high-quality and good service. Company’s products have been exported to Indonesia, Vietnam, Pakistan, Malaysia and other countries with stable and reliable performance of equipments in paper-making and chemical industry.
    Anyang Machinery Co., Ltd. Covers more than 130000M2,and owns modern industrial plant occupied over 60000M2.Its annual productivity amounts to 20000 tons,yearly production value may amount to USD 100 million.


    Zhucheng Dazheng machinery Co. Ltd
    , Founded in February 2002.
    Mainly produce toilet paper machine, hand towel paper machine, kitchen towel paper machine, carton board machine, special paper machine; process of recycle pulp deinking production line, virgin pulp production line, straw pulp production line; paper making waste water treatment equipment, waste water recycling equipment etc.. Our products have exported to Mexico, Australia, Argentina, Madagascar, Russia, Congo, Jordan, Zambia, South Africa, Iran, Vietnam, Kenya, Tanzania, Botswana, and other countries.
    (Nile Trade Fairs)
     
    19.08.2014   Valmet to supply a paper machine grade conversion rebuild for Thai Paper to produce ...    ( Company news )

    Company news ... glassine paper in Thailand

    Valmet will rebuild a paper machine (PM5) at the paper mill of Thai Paper Company Limited in Bang Pong, Thailand. The PM5, currently producing printing and writing papers with 100,000 tpy capacity, will be modified for high quality glassine paper production. Valmet's delivery will include modernization of key sections of the paper machine. The rebuild targets the highest end product quality and efficient production. The rebuilt production line will start-up during the fourth quarter of 2015.

    Image: Customer and Valmet representatives at the signing ceremony in Thailand. From left Mr. Surasak Amawat, Managing Director, Siam Cellulose Co., Ltd., Mr. Panthep Supachaiyakit, Managing Director, Thai Paper Co., Ltd., Mr. Roongrote Rangsiyopash, President of SCG Paper and from Valmet Mr. Hannu T Pietilä, Area President, Asia Pacific, Mr. Timo Dufva, Vice President Projects and Mr. Pornpracha Wattanakijsiri, Head of South East Asia.

    The order is included in Valmet's third quarter 2014 orders received. The value of the order is not disclosed. The value of paper machine rebuilds depends on the scope of the delivery. This kind of rebuild is typically valued around EUR 20 million.
    "Thai Paper and our partner, Nippon Paper Industries Co. Ltd., selected Valmet based on their innovative technology and proven track record on successful rebuilds which align well with our target to produce high-value added products such as high quality glassine paper to cater the growing demand for label in the domestic and regional markets," says Mr. Panthep Supachaiyakit, Managing Director, Thai Paper Company Limited.
    "We are pleased to continue our long term cooperation with SCG Paper and its subsidiary Thai Paper in this project. Our aim is to bring our strong experience with special papers to the project to ensure smooth and successful project converting PM5 to glassine grades. This order further strengthens Valmet's position as a market leader in high speed special paper technology provider," says Pornpracha Wattanakijsiri, Head of South East Asia.

    Technical details of Valmet's delivery
    Valmet's solution for this grade conversion and modernization of the 3.9 meter-wire wide PM 5 consists of a new off-line multinip calendar and new air dryers as well as a re-reeler rebuild with new moisturizers. There will also be modifications in the stock preparation, headbox, and drying section with alterations in the sizer area including contactless web turn device.
    Valmet's new OptiFiner Pro refiners, which are part of the stock preparation, ensure energy efficient refining result of long fibers, to meet the high demands set by glassine paper production. These modifications at paper machine ensure the base paper to be dense, thin and strong. The rebuild re-reeler moisturizes the base paper efficiently for improved smoothness and the best possible calendering result. The OptiCalender Multinip off-line calender improves further the surface properties of glassine paper grades.
    (Valmet Corporation)
     

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