Birkner's Paperworld
  • Company database
  • Advanced Search
  • Professional Search
  • Terms of Use
  • Maps
  • Registration
  • Free entry
  • Advertising entry
  • Journal
  • EADP Award
  • Exhibitions, Conferences
  • Zellcheming
  • SPCI
  • 100 years of Birkner
  • Diagrams, Tables
  • News
  • Advertising
  • Print
  • Advertising sample
  • PaperSite
  • Combinations
  • Banner Advertising
  • Homepage
  • Publishing house products
  • Order
  • Link selection
  • Associations
  • Companies
  • Trade fairs
  • Publishing house
  • Imprint
  • Contact
  • Contact person
  • Location Map
  • Buyers' Guide of Producers' and Converters' Products Buyers' Guide of Merchants Buyers' Guide of Suppliers' Products
    Quick search
    RSS-News News   Page:    1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  25  26  27  28  29  30  31  32  33   >> 
    31.07.2015   Idempapers speeds up its growth and its development towards high value-added technical papers    ( Company news )

    Company news The European leader in the carbonless paper market and producer of high value-added specialty papers, the Belgian company Idempapers SA has earned a reputation as a producer of quality and innovative paper products that are recognized for their reliability and technicality. Idempapers employs 380 employees and achieved a turnover of 145 M€ in 2014.

    In a challenging environment for the paper industry that is marked by competitive pressure on prices, escalating costs of raw materials, and a steady decline in the demand for paper products, Idempapers has significantly and successfully improved its financial results and market position since the company’s 2009 management buy-out.

    This success comes essentially from a significant improvement in its manufacturing performance, the realignment of the company’s resources toward specialty products, as well as long-standing partnerships with customers who rely on the company’s innovation and rapid reaction to change.

    Idempapers aims to speed up its growth and return to sustainable profitability through the following:
    • Reinforcing its leading European position in carbonless papers by leveraging partnerships with the largest merchants.
    • Intensifying the development of new, high value-added technical products
    • Continuing the improvement of manufacturing facilities and capabilities in order to make them even more efficient and flexible.
    • Continuing ongoing programs for further control and improve the company’s cost structure.

    In order to reach these objectives, Idempapers has embarked on a major investment program.

    These projects were initiated in early 2015, and include:
    • Reinforcement of R&D teams to accelerate the launch of new and technical high-specialty products.
    • A significant increase in manufacturing capacity by raising the speed of Idempapers machine 4
    • Adapting reels and sheets converting capacity to new production capabilities and product mixes.
    • Various ongoing programs for further improvement in both productivity and quality
    • Further reductions in energy consumption
    • Outsourcing of logistics activities

    Most of these projects are currently already being implemented and will be fully operational by the end of 2015. In addition to the ongoing development of its current product ranges, Idempapers will announce in September the launch of new high technology product lines.

    These major developments and investments will enable Idempapers to further reinforce its position as a manufacturer of high value-added specialty papers, and ensure its rapid return to sustainable profitability as early as 2016.
    (IdemPapers S.A.)
    31.07.2015   The Fedrigoni Group confirms its growth trend in the first half year and consolidates its position..    ( Company news )

    Company news ...on the American markets with acquisitions in the USA and Brazil


    Key consolidated results at 30 June 2015
    -Revenues of 482.1 mln/€: +8.9% over 2014
    -EBITDA of 64.0 mln/€ (57.9 mln/€ at 30 June 2014): +4.2% with an unchanged consolidation scope, +10.6% including the effect of the 2015
    -Net profit of 31.1 mln/€ (29.9 mln/€ at 30 June 2014): +4% over 2014
    including the effect of the 2015 acquisitions
    -Net financial position of 196.8 mln/€ compared to 72.7 mln/€ at 31 December 2014 due to the acquisitions carried out during the period.

    The Board of Directors of Fedrigoni S.p.A. – a leading international operator in the production and sale of various types of paper and in particular high value added paper, security products and self-adhesive items – presented the interim condensed consolidated financial statements for the six months ended 30 June 2015.
    «We are very satisfied with this first half year during which the Group further consolidated its international presence, thanks to the recent acquisitions carried out in the United States and in Brazil, continuing the strategic direction communicated to the markets last year”, stated the Group’s CEO Claudio Alfonsi (photo), who continued: “the economic and financial results for the period moreover show a constant growth dynamic that has been continuing for several years and testify to the validity of our strategic decisions and the distinctive positioning we hold in high value added and high profitability sectors, despite the extremely adverse trend that has taken place in cellulose prices».

    Key consolidated results for the first half of 2015
    The Fedrigoni Group achieved consolidated revenues of € 482.1 million
    in the first half of 2015, an increase of 8.9% over 2014, due to a favorable performance in all business segments (in particular converting) and in addition to the contribution arriving from the two acquisitions which, in only 3 months and 1 month respectively, added around € 17 million to the Group’s turnover.
    From a geographical standpoint revenues earned outside Italy represented approximately 64% of the total, with a significant rise taking place in sales outside Europe (+21.6%) and a good performance being achieved in Italy (+11.3%).

    -EBITDA amounted to € 64.0 million, an increase of 4.2% over the first
    half of 2014 with an unchanged consolidation scope (+10.6% including the effect of the 2015 acquisitions).
    Consolidating two entities operating in high margin segments (papers, film and adhesives for digital printing, and special and security papers) has enabled the Group to make further improvements to its EBITDA, despite the negative effect of trends in fibrous raw material
    -Net profit totaled € 31.1 million, a rise of 4% over 2014 including the effect of the 2015 acquisitions. A comparison between the results for the two periods is affected by non-recurring costs of €1.1 million
    arising as a result of the fire at the Verona factory on 2 July 2015. In 2014 on the other hand the result was positively affected by income of €5.3 million arising from the allocation of “white certificates” for investments in energy savings made in previous years.

    The Group had a net financial position of € 196.8 million at 30 June 2015, representing an increase over the figure of € 72.7 million at
    31 December 2014 due to the acquisitions carried out in the period
    (Fedrigoni S.p.A.)
    31.07.2015   Interim Report Q2/2015: UPM's good progress continued in Q2, with higher profits year-on-year     ( Company news )

    Company news Q2 2015 compared with Q2 2014
    • Earnings per share excluding special items were EUR 0.33 (0.26), and reported EUR 0.30 (0.25)
    • Operating profit excluding special items increased to EUR 227 million, 8.9% of sales (186 million, 7.6% of sales)
    • Profitability was underpinned by profit improvement actions and favourable exchange rates
    • In Q2 2015, the profit improvement programme progressed well, reaching a cost reduction impact of EUR 27 million (annualised EUR 108 million)
    • Operating cash flow was strong at EUR 324 million (215 million)

    Q1–Q2 2015 compared with Q1–Q2 2014
    • Earnings per share excluding special items were EUR 0.62 (0.53), and reported EUR 0.59 (0.61)
    • Operating profit excluding special items increased to EUR 431 million, 8.6% of sales (382 million, 7.8% of sales)
    UPM started commercial deliveries of advanced renewable diesel and completed the UPM Raflatac expansions in Poland and APAC
    • UPM invests in the top-performing plywood and pulp businesses by expanding the Otepää plywood mill in Estonia and improving efficiency in the UPM Kaukas pulp mill
    • UPM closed 800,000 tonnes of graphic paper production capacity in Europe

    Jussi Pesonen (photo), President and CEO comments on the results:
    “Our second quarter showed good progress, our operating profit improved year-on-year and our operating cash flow was strong. Overall, the Group results were supported by our profit improvement programmes, particularly visible as lower variable costs.
    UPM Biorefining, UPM Raflatac, UPM Plywood and UPM Paper Asia enjoyed favourable market conditions and achieved good performance. I’m pleased that we have ongoing growth projects in all of these businesses. Considering the current electricity markets UPM Energy made a fair result, mainly due to increased hydro power volumes.
    Currency development had an overall positive impact on our Group results but affected our businesses differently. The positive currency impact supported the UPM Biorefining business, whereas the corresponding negative impact of currency hedges affected UPM Paper ENA and UPM Paper Asia. Strong pulp price development in euros boosted UPM Biorefining results but increased costs in our paper businesses.
    During the second quarter, our UPM BioVerno renewable diesel was introduced to Finnish consumers, UPM Raflatac’s investments in APAC and in Poland were completed and a EUR 50 million investment was started at UPM Kaukas pulp mill in Lappeenranta, Finland. These, together with ongoing investments at the UPM Kymi pulp mill, Otepää plywood mill and UPM Changshu paper mill, will support profit growth in the upcoming quarters.
    Overall, I remain confident about the continuing profit improvement programme and the ongoing growth projects. UPM continues to be well-positioned for earnings growth”.

    Outlook for 2015
    The improved profitability achieved in 2014 is expected to continue in 2015, and there are prospects for further improvement. Profitability is underpinned by the EUR 150 million profit improvement programme, favourable currencies, as well as the first positive impacts from the company’s growth projects. Profitability is affected by lower publication paper prices and lower electricity sales prices, compared to 2014.
    In the second half of 2015 compared to the first half of 2015, UPM Paper ENA profitability is expected to improve.
    31.07.2015   Görres-Druckerei speeds up production times with LE UV drying technology    ( Company news )

    Company news -Extensive variety of surface finishing options thanks to new Speedmaster XL 106 LE UV
    -Wide range of substrates supported – paper, card, and foils

    Görres-Druckerei und Verlag GmbH
    has invested in a new sheetfed offset press to help supply its customers with new services and products. The Speedmaster XL 106 eight-color perfector with UV coating unit uses energy-saving LE UV technology and significantly speeds up the production process, as postpress can begin straight after printing. The press is the first of its kind in Germany in this configuration and was installed at the print shop’s headquarters in Neuwied in April this year.

    “We chose the LE UV system from Heidelberg specifically and believe this technology delivers the best technical innovation in offset printing currently available,” says Marc Spitzlei, Managing Partner of Görres-Druckerei. Just a few weeks on, the entire company is already impressed with the benefits of the LE UV system – with sheets delivered dry and ready for postpress straight away, there is virtually no need for powder, and printing is possible on paper, card, foils, and PVC. “This gives us the chance to expand our product portfolio and offer our customers a wide variety of finishing options, a significantly increased range of substrates, and faster production times,” says Arnd Spitzlei, also Managing Partner at the company. “The technology has provided us with excellent production conditions – especially when it comes to uncoated papers, which are often chosen for their unique texture. This can be of particular interest for high-quality products such as annual reports. Inline surface finishing with UV varnishes can produce fantastic results and the feedback from our customers has been excellent,” says Marc Spitzlei.

    Görres-Druckerei, which now has a workforce of 107, celebrated 120 years in business last year and produces commercial and packaging materials for demanding customers in industry, agencies, and associations. The full-service print shop uses two other 70 x 100 presses from Heidelberg – a Speedmaster SX 102 eight-color and a Speedmaster XL 105 five-color with coating unit. “We have been working closely with Heidelberg for several years now. This is reflected by the fact that we use printing plates, inks, and consumables from the Saphira range. We also have service contracts with Heidelberg for all our presses to ensure a high level of planning reliability – both in terms of costs and machine availability,” says Angela Nachtsheim, also a Partner in the company.

    With both offset and digital printing on offer, Görres-Druckerei is equipped for all customer requirements. Two digital printing systems from the Linoprint range are largely used for short runs such as business cards, flyers, or specimen copies of brochures. The two printing methods thus complement each other perfectly. A key advantage of this system is that the two print technologies are controlled using a single workflow. All of this gives the print shop an extremely flexible setup and enables it to deliver the high-quality products its customers require precisely when they need them.
    (Heidelberger Druckmaschinen Vertrieb Deutschland GmbH)
    31.07.2015   Spooner is the 'Manufacturer of the Year'    ( Company news )

    Company news 2015 is certainly stacking up to be a year to remember at Spooner Industries Spooner Industries.

    Photo: LtoR Laura Stevens, Spooner Marketing Co-ordinator, T&A Editor Perry Austin-Clarke and Robert Proctor, Spooner Manufacturing Director at the Awards

    On Saturday the local firm scooped Manufacturer of the Year at the glittering Bradford Means Business awards amongst fierce competition. In its fifth year, the awards run by the Telegraph & Argus, with partners Bradford Council and the West and North Yorkshire Chamber of Commerce, have gone from strength to strength with the level and quality of the entrants this year ‘being the best yet’ confirmed T&A editor Perry Austin-Clarke.

    Manufacturing Director at Spooner Robert Proctor, said:
    "It’s a great pleasure to be recognised. At Spooner we have been engineering industrial solutions for over 80 years and sometimes you forget how successful we are when engrossed in your day-to-day work.”

    This new accolade is hot on the heels of the heels of a visit to the Ilkley premises by the Prime Minster, David Cameron and Chancellor of the Exchequer, George Osbourne in February, who were impressed by the technology and commented:
    “Spooner is a great example of the kind of ‘advanced manufacturing’ businesses this Government is trying to get behind.”

    In addition Spooner has also been recognised in the Apprenticeship Awards and identified as one of the ‘1000 Companies to Inspire Britain’. Collated by the London Stock Exchange the annual report is a celebration of some of the fastest-growing and most dynamic small and medium-sized enterprises (SMEs) in the UK. To be selected, Spooner had to demonstrate not only consistent revenue growth over a minimum of 3 years but also significantly outperform peers in the same sector of manufacturing.

    Manufacturing industrial process machinery such as industrial ovens, dryers, coolers, provers/proofers, air turns, stabilisers, oxidisers and solvent and energy recovery equipment, the company has been a leading innovator in the principles of forced convection technology since 1932. Designing and manufacturing from purpose built premises in Ilkley, Spooner currently employs over 160 people and exports custom made products worldwide.
    (Spooner Industries Ltd)
    31.07.2015   Walki: New production line in Valkeakoski    ( Company news )

    Company news Enhanced delivery reliability thanks to a new production line in Walki

    The demand for multilayer laminates is increasing and there is an extensive growth potential, particularly in the construction business. Walki is answering to this demand by investing in a new production line at its Valkeakoski plant in Finland.

    Photo: The new production line at Valkeakoski will enable shorter lead times. Kari Salminen, Ahti Vuorinen and Janne Ahonen inspecting the facings

    “The production line will be unique on the market”, says Kari Salminen, EVP Construction at Walki.

    The market for insulation facings is expected to grow significantly in the coming years. The European Union’s 202020 target, which among other things aims at a 20% improvement in energy efficiency, is putting a pressure on energy-efficient housing. Efficient insulation is key in keeping heating or cooling costs down.

    Along with a recovery in the European economy, the construction business is expected to pick up, which will have a significant positive effect on the demand for insulation solutions, particular in those products requiring multilayer facings.

    “There is also a huge need for renovating houses and buildings in Europe with better insulation and this will further drive the demand”, says Salminen.

    Thanks to the new investment, Walki will be even more apt to swiftly respond to customers’ needs. The more diverse production line which will enhance delivery reliability and shorten lead times.
    “We can guarantee short delivery times as we can respond swiftly to customers’ needs with tailor-made solutions. We will be able to expand our customers’ product portfolio and enable growth on their part. The new production line will make a significant difference when it comes to supporting our customers’ business,” says Salminen.

    The production line will also be highly flexible and can cater to several different product segments in addition to the construction industry, such as consumer packaging and the pharmaceutical industry.

    "With this investment, Walki strengthens its position as the premium supplier of multi-layer laminates globally. Further, this investment supports our strategy to strongly focus on the growing segments of energy saving laminates for building purposes and on value adding consumer packaging solutions", says Leif Frilund, President and CEO.

    The new production line will be up and running during the first quarter of 2016.
    (Walki Oy)
    31.07.2015   ANDRITZ to supply equipment for Fibria's Horizonte 2 pulp mill    ( Company news )

    Company news International technology Group ANDRITZ and Fibria, the world’s leading eucalyptus pulp producer, signed a letter of intent for supply of all production technologies and equipment for Fibria’s Horizonte 2 pulp mill at its Três Lagoas unit in the state of Mato Grosso do Sul.

    The new production line will have an annual pulp production capacity of 1.75 million tons. Combined with its existing capacity, already in operation, the Três Lagoas unit will reach a total annual production capacity of 3 million tons, making it one of the world’s largest eucalyptus pulp production sites. It was agreed not to disclose the order value; however typical order values of comparable reference projects are in the magnitude of approximately 600 million Euros. The contract is expected to be put into force during the third quarter of 2015.

    The scope of supply of the ANDRITZ PULP & PAPER business area covers the EPC delivery of the complete fiberline as well as the recovery island, including all relevant process steps. Start-up of production is scheduled for fourth quarter of 2017.

    The Horizonte 2 project is one of the largest private investments in Brazil and will create 40,000 direct and indirect jobs over the two years of construction. During the peak of construction, the site will have around 10,000 workers. Once commissioned, Fibria’s new pulp line will have 3,000 direct and indirect jobs.
    (Andritz AG)
    31.07.2015   Smurfit Kappa wins top European supplier award from Nestlé     ( Company news )

    Company news Smurfit Kappa has been awarded its second prestigious supplier award in recent weeks from Nestlé, the world’s leading nutrition, health and wellness company.

    Smurfit Kappa was ranked the number one European Supplier of the Year for all-round excellence among Nestlé’s European corrugated packaging suppliers. This comes after it was recently awarded the Nestlé European Innovation Recognition Award for outstanding innovation proposals.

    The Supplier of the Year Award is Nestlé’s most sought-after packaging supplier award across Europe. It measures excellence across six categories of innovation & renovation, quality, technical, relationships, cost and logistics. Suppliers are rated by individual market, with the overall award given for the best supplier across Europe.

    The award is the culmination of a collaborative, strategic partnership between the two businesses, delivering measurable value across the Nestlé supply chain in multiple categories, from coffee to pet food.

    Stephen Mc Aneny, VP Sales at Smurfit Kappa, says: “We are delighted to gain further recognition from Nestlé and in particular as its leading corrugated supplier across Europe. As part of embedding our new ‘Open the future’ strategy with all our clients, we have worked in complete partnership with Nestlé to deliver innovation at every step of the supply chain. So it’s particularly pleasing for our work to be recognised across all six categories, from innovation to logistics. We look forward to working with our clients at Nestlé to create new opportunities for the business and it brands in the year ahead.”
    (Smurfit Kappa Group Headquarters plc)
    30.07.2015   Fortress Paper Announces Newly Created Executive Chairman Position and Appointment of ...    ( Company news )

    Company news ...New President and CEO

    Wasilenkoff to Focus on Building Shareholder Value and Strategic Initiatives

    Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX:FTP) announces the promotion of Yvon Pelletier from President of the Company's wholly-owned subsidiary Fortress Specialty Cellulose Inc. ("FSC") to President and Chief Executive Officer ("CEO") of Fortress Paper effective October 1, 2015 (the "Effective Date"). Chadwick Wasilenkoff, the Company's current President and CEO, will assume the newly created role of Executive Chairman of the board of directors (the "Board"). In this role, Mr. Wasilenkoff will work with Mr. Pelletier to facilitate the transition of leadership over the short to medium-term and to further create value for shareholders over the long-term. The promotion of Mr. Pelletier to President and CEO of the Company follows a robust, nearly year-long succession planning process. During the course of this process, Mr. Wasilenkoff and the Board recognized Mr. Pelletier's contributions to operational improvements at Fortress Paper and concluded that the Company and its shareholders would benefit by expanding his role at the Company, which will free Mr. Wasilenkoff to focus on strategic initiatives to unlock value for shareholders and to improve the balance sheet.

    Mr. Wasilenkoff said, "I have had the opportunity to work closely with Yvon over the past two years. During that time, he has demonstrated his dedication, perseverance and operational skills as we faced a challenging market. As not only President and CEO, but also the largest shareholder of Fortress Paper, I am very pleased that someone with Yvon's knowledge and leadership will succeed me going forward. I am confident that the benefits of his efforts over the past two years will become increasingly clear in the next few quarters, and I believe that, now that the Company has turned the corner and has an improved outlook, the time is right to make this transition."

    Joe Nemeth, the Company's Lead Director, commented, "Fortress Paper is fortunate to have two very talented executives, with Yvon's operational and leadership skills complementing the analytical, strategic and entrepreneurial capabilities of Chad. In his new role, Yvon will continue his focus on the dissolving pulp business, while also assuming greater responsibility to grow revenues and to improve margins across the Company. As Executive Chairman, Chad will be able to further concentrate his efforts on maximizing the value of the Company's assets, as he did with the sales of the Dresden mill and Fortress Optical Features, and on enhancing our balance sheet, similar to the restructuring of the Investment Quebec loan."

    Mr. Pelletier said, "I am excited about and humbled by this opportunity before me. Despite the challenges we have faced, the entire team at Fortress Paper has remained committed and focused on generating value for its stakeholders. I look forward to continuing to work with this team to realize the full operational and financial potential at Fortress Paper, and I appreciate the trust that Chad and the rest of the Board have in our management group to achieve this goal."

    Mr. Pelletier, who joined Fortress Paper as President of FSC in February, 2013, has over 30 years of experience in the pulp and paper industry and has held leadership roles in technical, operational, and commercial areas. Prior to joining Fortress Paper, Mr. Pelletier was the Executive Vice President of Tembec Inc. ("Tembec"), a leading international manufacturer of forest products, and President of its Specialty Cellulose and Chemical Group. As a senior executive at Tembec, Mr. Pelletier acted as General Manager of various dissolving pulp and kraft pulp operations and served as Senior Vice President of the company's Kraft Pulp Division, overseeing three mills in Canada and two in France.

    As part of its succession planning process, the Board has defined clear mandates for the roles of Executive Chairman and of President and CEO of the Company. As Executive Chairman, Mr. Wasilenkoff will be charged with pursuing strategic initiatives to increase shareholder value and to strengthen the Company's balance sheet, and, as President and CEO, Mr. Pelletier will have overall operational oversight for the Company.

    In connection with Mr. Wasilenkoff's transition to the role of Executive Chairman, the Company and Mr. Wasilenkoff have terminated his existing employment agreement and entered into a transition agreement that will defer 80% of the $5 million amount that would otherwise have been due to Mr. Wasilenkoff upon a change in title, per his employment agreement. Pursuant to the transition agreement, Mr. Wasilenkoff will receive payment in three tranches: (i) $1 million on the Effective Date; (ii) $1 million on the first anniversary of the Effective Date; and (iii) the balance of $3 million after the first anniversary of the Effective Date and on the earlier of (a) the Company achieving reported cumulated earnings before interest tax depreciation and amortization ("EBITDA") of $20 million in any four consecutive fiscal quarters; and (b) the fifth anniversary of the Effective Date, subject to reduction over four years in the event that Mr. Wasilenkoff is terminated for cause and subject to acceleration (immediate payment) upon termination without cause, death or disability. Unless the Company achieves the specified EBITDA threshold, the deferred payment schedule provides that 60% of the amount owing to Mr. Wasilenkoff is due to be paid after the Company's 7.0% convertible unsecured subordinated debentures in the principal amount of $69 million become due on December 31, 2019. No interest will accrue on the deferred amounts paid. However, in certain circumstances, the payment obligations may be accelerated upon a change of control of the Company.

    As part of the transition, Mr. Wasilenkoff has agreed to commit the majority of his working time to fulfilling his responsibilities to the Company. In recognition of his reduced duties and time commitment, Mr. Wasilenkoff and the Company have agreed to a reduction in his annual compensation of approximately 15% for the first year commencing on the Effective Date and approximately 53% per annum thereafter, subject to adjustment from time to time.

    The Company has also amended its employment agreement with Mr. Pelletier to reflect his new role with the Company and an increase in compensation commensurate with his increased responsibilities. However, overall the Company expects to realize savings over the medium to long-term compared to its current compensation arrangements.

    All senior members of the management team will be available to discuss the management transition during the upcoming scheduled quarterly earnings conference call to be held on August 11, 2015 at 9am (PST).
    (Fortress Paper Ltd)
    30.07.2015   Metso's Interim Review January 1 - June 30, 2015    ( Company news )

    Company news Second quarter 2015 in brief
    -Demand related to customers' capital investment projects continues to be soft, while services demand remains stable.
    -Orders received EUR 823 million (EUR 947 million, or EUR 833 million excluding PAS), of which EUR 495 million (EUR 534 million, or EUR 500 million excluding PAS) were services orders.
    -Net sales EUR 756 million (EUR 962 million, or EUR 884 million excluding PAS), of which EUR 483 million services (EUR 507 million, or EUR 477 million excluding PAS).
    -EBITA before non-recurring items EUR 94 million and 12.4% of net sales (EUR 131 million and 13.6%, or EUR 121 million and 13.7% excluding PAS).
    -An initial gain on disposal of about EUR 258 million was booked from the sale of PAS, resulting in operating profit of EUR 347 million for the quarter (EUR 102 million).

    Updated financial guidance for 2015
    Our guidance for 2015 (originally published on February 5, 2015) has been updated. We estimate that our net sales, excluding the Process Automation Systems business, in 2015 will be between EUR 3,000 million and EUR 3,200 million (previously between 3,000 and 3,300) and that our EBITA margin before non-recurring items will be around 12.5 percent (12.0-13.0%), previously around 13 percent (12.5-13.5%).
    The updated guidance for 2015 is based on the current market activity in our customer industries, our current backlog and the current exchange rates.

    President and CEO Matti Kähkönen (photo):
    The demand and outlook in our customer industries remained unchanged in the second quarter compared to the first months of the year. Our like-for-like order intake in the second quarter was one percent behind the comparison period, even though the situation in our end markets is more challenging. This was thanks to the few large mining equipment orders we booked during the quarter. While we are happy having received these it should not be read as a sign of recovery.

    The softening of the oil & gas market has had only slight impact on our valve business, primarily due to our position in specialized areas in mid and downstream markets. In addition, the demand for pulp & paper valves and mining pumps was good in the second quarter, which helped to mitigate the softness seen in the oil industry.

    In terms of results, Flow Control continues to perform well and shows good margin development resulting from sales growth and cost control. Minerals still suffers from rapidly declining volumes in the equipment business, and our right-sizing efforts will continue there. The services business continues to prove its resilience but we are taking more action to grow the business towards the end of the year and beyond.
    (Metso Corporation)
    30.07.2015   Spooner, staying at the forefront of non-contact drying technology    ( Company news )

    Company news Spooner Industries has been leading technical innovations in the principles of forced convection for over 80 years. Initially developed for the textile industry, the company’s founder William Wycliffe Spooner, revolutionised the industrial drying techniques of the time in terms of both speed and efficiency and eventually doubled the output of what had previously been achieved.

    Fast forward to today and the company continues to push the boundaries, providing custom-built solutions in the paper industry for the drying, cooling and non-contact web handling for a wide range of base papers, coated papers and sized paper grades. Decades of experience and development at Spooner has delivered major step changes in drying technology creating an enviable position for the company as the industry expert. Characteristic of these developments, and in keeping with Mr Spooner’s initial advances all those years ago, is the design and engineering of equipment to maximise efficiency and output, including:

    • MG Hoods/Yankee Hoods
    Developed many decades ago by Spooner for MG and tissue grades, this specialised equipment enhances the drying capacity of the MG/Yankee cylinder via high velocity air impingement on the reverse side of the sheet. The Spooner hoods are now available with high performance internal air systems and are capable of air temperatures of up to 6000C.

    • Air Turn
    Developed to provide non-contact turning of wet coated webs, the Spooner Air Turn provides stable operation with no web edge flutter or vibrations and is suitable for heavy or lightweight grades. A special design also is available for porous webs.

    • HPC Dryer™
    Unrivalled in the world for drying capability, this compact air flotation dryer doubles the airflow of a conventional air flotation dryer through a unique configuration of air flotation airbars supplemented by a an equal number of hole impingement airbars. This increases performance by a proven 30% or more whilst the high heat transfer potential, resulting in shorter machine lengths, is particularly effective for drying applications where space is limited such as online coat drying on paper machines. Width capabilities of up to 10m can also be catered for.

    • ModuleDryer™
    By providing simultaneous non-contact turning and drying, drying performance within a particular space is maximised. The Spooner ModuleDyer™ combines the non-contact web turning capability of the Air Turn with the heat transfer capability of a high performance air flotation dryer.

    The strength behind Spooner is the wealth of accumulated knowledge and expertise which ensures in-depth understanding. Problem solving for customers new or refit requirements is the operational norm, with individual tailored solutions designed and engineered always to provide optimal results.

    Trial facilities are also available at the Spooner R&D Test centre, a specialist facility that includes a high speed coating and laminating line equipped with air flotation drying. Incorporating ‘state of the art’ sensors and a sophisticated data-logging system for the comprehensive monitoring, recording and analysis of all process parameters, the four zone dryer provides maximum flexibility during trials.

    Spooner technology and equipment can be applied to a huge range of paper grades including art paper or board, banknote and security paper, tissue and thermal paper to name but a few. A Spooner solution goes from concept design to manufacture with full turnkey installation, commissioning, training and preventative maintenance programmes also available.
    (Spooner Industries Ltd)
    30.07.2015   Esko releases Suite 14.1 – bringing ease of use with SaaS options, more flexibility with ...    ( Company news )

    Company news ... software subscriptions and improved support

    Packaging professionals can now choose to engage with Esko in the software delivery and licensing model that best fits their operational needs

    Esko announces the launch of its Software Suite release 14.1, a comprehensive update of its full Suite of software solutions. Besides a range of functional updates for each of the Suite’s applications, Esko Software Suite 14.1 will be rolling out with Software as a Service (SaaS) and Subscription options that give users greater flexibility, scalability and a lower total cost of ownership.

    “SaaS and Subscription models for software are becoming the de facto standard in the software industry,” explains Bernard Zwaenepoel, Esko’s SVP Software Business. “Esko has worked hard to keep pace with customer needs and industry trends, and to bring more value to customers with our Suite 14.1 release. While we have been offering a subscription model for some time for certain software modules, this release broadens the scope of that effort across more Suite 14.1 modules and responds to customer requests for increased cloud-based delivery of Esko software solutions. While perpetual software licenses will continue to be offered, customers now have the option of choosing a SaaS or Software Subscription model if it better fits their operational needs.”

    Suite 14.1 sets the benchmark for innovation in user experience

    “Esko is dedicated to providing innovative features and developments to the package and label printing industry,” says Zwaenepoel. “With the release of Suite 14.1, we bring valuable new functionality to our current and future customers, giving them the user experience, scalability and flexibility they expect. We’re excited to be providing them greater ability to respond faster to changing market dynamics.”

    In addition to a broader availability of SaaS and subscription resources, Suite 14.1 also includes a number of across-the-board enhancements, all developed to maximize ease of use, make implementation faster, improve support and deliver an even more outstanding customer experience.

    New in Suite 14.1: full details about all new capabilities and features for each of the software modules in Suite 14.1 can be found at

    WebCenter enhancements: a new 2D and 3D viewer, based on today’s HTML5 web standard,makes viewing of package and display designs remarkably faster. It also improves the WebCenter user experience on mobile devices, tablets and smartphones, which are quickly becoming the platform of choice for many brand owners and service providers. Besides connecting with Automation Engine, WebCenter now flawlessly connects with other WebCenter and/or Automation Engine instances. This is the key enabler to develop and monitor multi-site, highly automated workflows in a global environment. This seemingly straightforward feature facilitates centralized prepress workflows that extend across multi-plant operations, or between brand owners and their print service providers, providing the user the flexibility to run complex workflows in a globally standardized way.

    New software bundles: offered with subscription plans, Esko’s popular editors – including DeskPack, i-cut Suite, Studio and Cape – are now available in Suite 14.1 as comprehensive bundles with different levels of functionality and pricing based on user needs, including Essentials and Advanced. These subscription packages are available via the online Esko Store.

    Easy and accessible customer support infrastructure: support offerings are now consolidated into a single platform with a single login. To access help, search the knowledge base, read documentation, download software, learn about training options and much more, users simply visit With a single login, users can purchase software or consumables from the online Esko Store, activate software licenses and subscriptions, download products from My Software, get help from Esko's new support platform including improved Live Chat, and download 3D shapes for use in Studio or ArtiosCAD.

    Esko Suite 14.1 is available as of July 2015 with a global roll-out during the third quarter of the year.
    (Esko Belgium)
    29.07.2015   Hanover Distribution Center Expansion Update    ( Company news )

    Company news Yazoo’s Distribution Center expansion has taken off and is over half way completed. The walls have been set, the roof decking has been put up, and the dock doors have been installed. The ground is being groomed and rolled to get ready for the next step; pouring the concrete floor.

    Conewago Enterprise, Inc. has been working diligently to make sure that the project continues to go smoothly. The expansion is targeted to be completed by August. When completed, Yazoo will operate two facilities totaling 240,000 square feet.
    (Yazoo Mills Inc.)
    29.07.2015   Stora Enso Interim Review January–June 2015    ( Company news )

    Company news Transformation continues with strong cash flow, despite some operational challenges

    Q2/2015 (compared with Q2/2014)
    -Sales EUR 2 562 (EUR 2 579) million decreased by 0.7%; sales excluding the structurally declining paper and divested businesses increased by 4.8% mainly due to increase in Montes del Plata pulp mill volumes.
    -Operational EBIT EUR 207 (EUR 209) million, operational EBIT margin remained unchanged at 8.1%, despite operational challenges amounting to EUR 12 million in the Consumer Board division.
    -EPS excluding non-recurring items EUR 0.18 (EUR 0.13).
    -Cash flow from operations EUR 489 (EUR 288) million, cash flow after investing activities EUR 261 (EUR 29) million.
    -Net debt to operational EBITDA 2.7 (2.8), liquidity EUR 1.0 (EUR 1.6) billion.
    -Operational ROCE 9.4% (9.8%).

    Q2/2015 (compared with Q1/2015)
    -Sales increased by 2.9%, sales excluding the structurally declining paper and divested businesses increased by 4.5%.
    -Operational EBIT decreased by 5.9% due to higher maintenance activity and operational challenges in the Consumer Board division.

    Q1–Q2/2015 (compared with Q1–Q2/2014)
    -Sales declined by 1.8%, sales excluding the structurally declining paper and divested businesses increased by 3.8%.
    -Operational EBIT increased by 9.2% due to positive foreign exchange impacts and lower variable costs, offset partly by lower average sales prices for paper.

    Stora Enso's CEO Karl-Henrik Sundström (photo) comments on the second quarter 2015 results:
    "In the second quarter, Stora Enso generated strong cash flow, and sales increased by 4.8%, excluding structurally declining paper and divested businesses, compared to the second quarter of 2014. This growth shows the ability of our businesses to transform.
    Operational EBIT margin remained unchanged at 8.1% compared to the second quarter of a year ago, even though the Consumer Board division was negatively affected by production challenges at the Imatra and Skoghall mills and lower harvesting volumes in Guangxi, China, amounting to EUR 12 million. Moreover, preparations ahead of the start-up of the Guangxi mill increased fixed costs by EUR 10 million. Return on capital employed for the Group decreased to 9.4% from 9.8%.
    During the quarter, we made additional progress in transforming into a renewable materials growth company. The pulp mill in Montes del Plata, Uruguay, is already an important driver of our topline as well as our profitability. Construction at our Guangxi investment project is proceeding according to plan and the main machinery is now being installed. The conversion of the Varkaus mill fine paper machine in Finland is on track and the production of kraftliner is expected to commence by the end of the year. Murow sawmill in Poland also began operating during the quarter, increasing its capacity of classic sawn products. We have also announced the closure of our corrugated packaging converting unit in Chennai, India, due to unprofitability. The mill employs 350 people, who will receive compensation and support.
    We are constantly developing our offering. I am especially happy that we and NXP Semiconductors are cooperating on the development of intelligent packaging solutions.
    One of the achievements during the quarter was entering into a partnership with the International Labour Organization (ILO). The agreement will among other things ensure that our policies and practices are aligned with international labour standards. Moreover, we launched human rights actions plans to address the Danish Institute for Human Rights assessment findings published in February. Together with Kemira, a global chemicals company, we have begun construction to enhance the responsible use of local water in three villages in Guangxi.
    When it comes to outlook, sales in the third quarter of 2015 are estimated to be similar to the amount of the EUR 2 562 million in the second quarter of 2015. Operational EBIT is expected to be in line with the EUR 207 million recorded in the second quarter of 2015. During the third quarter, there will be maintenance shutdowns at several mills.
    As always, I would like to thank our employees for their commitment, our customers for their business and our investors for their trust. We work hard to keep on creating value, today and tomorrow."

    -The construction of the Guangxi consumer board mill in China is proceeding according to plan and the installation of the main machinery has begun. The board machine is expected to be operational in mid-2016 as announced earlier.
    -The conversion of the Varkaus mill’s fine paper machine in Finland for kraftliner is proceeding as planned and expected to start at the end of 2015.

    Q3/2015 sales are estimated to be similar to the amount of the EUR 2 562 million in Q2/2015. Operational EBIT is expected to be in line with the EUR 207 million recorded in Q2/2015. The negative maintenance impact is expected to be EUR 15 million higher in Q3 than in Q2/2015.
    (Stora Enso Oyj)

    Company news Arctic Paper announces the "Profit Improvement Program 2015/2016”, containing an evaluation of measures to eliminate further losses at the Mochenwangen mill.

    Arctic Paper has decided to further increase the speed of its structural changes. This is due to a continued complicated paper market in combination with the effects of the policy of the European Central Bank (ECB), which has led to a dramatic strengthening of the US Dollar during the last months.

    The ‘Profit Improvement Program 2015/2016’ involves all units and has the target to lessen cost by about 50 MPLN annually. The intentions included in the Program are creation of enhanced Shared Service Centres for our different units, individual mill profitability improvements and an audit of external service costs. As a result of the described Program, the Management Board expects an increase in operating profitability, as well as in all support functions of the Group.

    With the aim to eliminate losses at the Mochenwangen mill the management of Arctic Paper is initiating further cost reduction measures, which will also include evaluations to possibly cease the production. The employee information and consultation processes will start in line with the local legislation. Simultaneously a prospective sale of the mill is being examined. The management expects that the impact of excluding the losses of the Mochenwangen mill from consolidated results, will amount to approximately 18 MPLN in 2015.

    Arctic Paper started to transform the Arctic Paper Mochenwangen mill into a production unit of special technical papers (greaseproof, flooring industry papers, special wallpapers) in 2013 and closed the PM 1 in the Mochenwangen unit the same year. Since then the mill management and the employees have made significant efforts to change the portfolio of the mill. Solely in 2015, several new greaseproof products and two new products for the flooring and the wallpaper industry were created, with clear cost benefits for the customer. Despite these efforts, the cash flow of the unit, not least due to the development of the USD, continues to be negative.
    (Arctic Paper S.A.)
    29.07.2015   SinoFoldingCarton 2015 Set for September Launch    ( Company news )

    Company news Illustrating Future Trends in Folding Carton Manufacturing

    Among the various forms of paper packaging, folding carton is a mature packaging market segment that has seen fast growth. Folding carton products are extensively used to package tobacco, food, pharmaceuticals and daily-use chemicals, among other everyday products. Demand for folding carton continues to rise. In the last 10 years, global use of folding carton has risen by 3% to 6% a year. This growth is reflected in the China market too.

    Reducing Costs, Enhancing Efficiency Top Priorities For Folding Carton Manufacturers
    In recent years, due to state policies and the gradual downturn of the economy, China’s folding carton market has suffered unprecedented challenges. The official implementation of the New Labor Law means that labor cost will rise by over 30% - a heavy blow for labor-intensive industries. As a result, much of China’s manufacturing industry has been forced to migrate and many international companies have relocated factories to Vietnam, India and other countries where labor costs are lower. This presents a big challenge for China’s folding carton manufacturing industry.

    In addition, with the Chinese government’s introduction of the “eight regulations” against corruption and extravagance in 2013, demand for high-end folding carton has fallen drastically, suppressing part of the high-end folding carton market. The demand for high-end packaging has shifted to regular packaging, leading to fiercer competition in the regular packaging market. Take a Shenzhen factory that produces liquor packaging, for example, high-end liquor packaging used to account for at least 50% of orders received. Today however, orders for high-grade packaging have plummeted and companies have had to modify their product mix. Under these circumstances, the capacity of high-end packaging market has fallen and aggravated competition in the regular packaging market. This has gradually intensified homogeneous competition between packaging and printing plants. Many printing plants have had to lower labor costs to win orders.

    In the context of such intense competition, folding carton producers have begun to lower comprehensive costs and improve production efficiency. The effective approach is to expand investment to introduce automated equipment, in a bid to reduce the amount of manual labor, improve equipment safety, enhance production efficiency, reduce scrap rates and lower consumption. A bag-making company used to produce a maximum of 20,000 bags a day, using a high number of workers. Now, thanks to a new automated roll-feeding bag-making machine, which can produce over 150,000 paper bags per day, that volume has skyrocketed. At the same time, the number of workers has largely fallen, proving that automation is a good way to enhance efficiency.

    Automation, Efficiency And Going Green: Developmental Goals For The Folding Carton Manufacturing Industry
    In view of gradually changing user demand and the ever-changing market, folding carton manufacturers have come up with effective reform measures, including, for example, modulation conformity of equipment functions, enhancement of equipment cost performance, diversification of functions and customized making of equipment for users according to specific needs. With product innovation core to competitiveness, companies have continued to improve products and enrich product lines. To meet specific needs of customers at every level has become the developmental goal of equipment manufacturers.

    Apart from efficiency and automation, going green is currently a mega trend in the folding carton equipment industry. While the notion of environment protection is widely accepted in China, local companies have yet to attach enough importance to this concept, likely due to the pressure of costs or because they lag behind their foreign counterparts in their thinking on this matter. Folding carton printing enterprises must accelerate their adoption of environmentally sensitive practices, to keep pace with this trend in the future. There is a real opportunity to become a trend setter and industry leader by doing so.

    Presenting the Leading Folding Carton Event in Asia-Pacific
    The folding carton manufacturing market is currently showing signs of stabilizing – recovering after a downturn. Visitors to SinoFoldingCarton 2014 proved that recovery was evident in the European and American markets, whose purchasing power has risen. While mostly retaining a ‘wait-and-see’ attitude, some local enterprises have begun to respond to this shift.

    Against this backdrop, SinoFoldingCarton 2015 will be a leading trade platform specializing in showcasing folding carton post-press equipment, as well as related supplies, technologies and services. It will bring together over 300 enterprises, including suppliers of well-known domestic and foreign brands of post-press equipment suppliers. There will be three new exhibition areas dedicated to printing ink supplies, packaging paper and digital printing/packaging testing. These new additions will further elevate SinoFoldingCarton’s status as one of the most remarkable events in the folding carton packaging industry.

    SinoFoldingCarton 2015 will be held from September 16 to September 18 in Guangdong Modern International Exhibition Center, Houjie, Dongguan. The recovery of the global economy is set to drive a revival. The packaging printing industry will undoubtedly be one of the first industries to feel the effect. As one of the largest packaging printing industry bases in China, the recovery of the packaging printing industry is expected to be clearly evident in Guangdong because of huge demand for equipment renewal and plant expansion.

    SinoFoldingCarton 2015 is a leading post-press finishing exhibition based in South China, with influence that extends across Asia-Pacific. The exhibition area span 25,000 sqm, with over 300 enterprises showcasing 600+ units of high-end, high cost-performance folding carton post-press equipment and technologies, as well as more than 800 supplies. Focus will be on the cutting-edge information and technologies of paper packaging products to provide high quality solutions to lower energy consumption and make post-press finishing production more efficient. It will be an international trade platform that enables folding carton producers to improve purchasing efficiency, save investment costs and get updates on technology developments.

    Many well-known domestic and foreign brands will share the SinoFoldingCarton stage, featuring large varieties of products. The participation of so many suppliers is a stark indication of the strong impression and value delivered by previous editions of SinoFoldingCarton. It also illustrates suppliers’ high expectations for SinoFoldingCarton 2015.

    The upcoming exhibition will introduce the Paper Bag Workshop. Here, leading paper bag-making equipment manufacturers will demonstrate machines to illustrate the entire production process of paper bags from printing and paper cutting to bag shaping. The organizers will conduct a special TAP Program to include decision-makers from local enterprises whose annual output value exceeds RMB 50 million. These executives will all have clear purchasing intent and will take part in business matching activities with appropriate exhibitors, in a bid to improve participants’ ROI. A large number of end users from the food, pharmaceutical, general merchandise and gift industries will also join the exhibition, thereby creating a convenient and effective trade platform.

    The exhibition will also feature visitors from over 70 countries and regions. Apart from Europe, the US and other countries and regions where packaging industry is developed, Reed Exhibitions, organizers of SinoFoldingCarton 2015, will also intensify tapping emerging markets and invite buyers from India, Thailand, Vietnam, Indonesia and Malaysia. A total of 18,000 local and international visitors are expected.

    SinoFoldingCarton 2015 has received much attention from local and international packaging and printing industry associations, many of which will organize visiting delegations as a token of their support. The organizers will also host over 10 engaging onsite activities, including business matching, industry summit forums, technology exchange meetings, new product releases, factory visits and much more!

    The newest folding carton packaging technologies, the latest industry developments and the most effective exchange and promotion platform, SinoFoldingCarton 2015 will deliver all of these as the folding carton industry’s landmark event. Join us from September 16 to 18, 2015, in Dongguan!
    (Reed Exhibitions Greater China)
    29.07.2015   Iggesund's challenge to designers: 200 ideas for better packaging    ( Company news )

    Company news When Iggesund Paperboard challenged the world’s designers to create better and more sustainable consumer packaging the result was almost 200 design proposals. The company has now selected three of these to receive a reward and also opened a dialogue with more designers about being able to use their creations in various contexts.

    Photo: Maikel Roberts of Barcelona won for a packaging system for toilet or kitchen paper. The system gives more efficient loading, better in-store exposure and easier in-store handling.

    “We’re overwhelmed by the enthusiasm that greeted our project, both from the participating designers but also the attention it has received in the press,” comments Staffan Sjöberg, Public Relations Manager at Iggesund Paperboard. “And of course we’re pleased, because one of our aims was to show more designers what they can do with paperboard in general and our products, Invercote and Incada, in particular.”

    One of the winning entries is a packaging system for rolls of toilet or kitchen paper. It was submitted by Maikel Roberts, Barcelona.

    “It’s exciting from our perspective as a paperboard manufacturer because it involves an upgrade from plastic wrap to paperboard,” Sjöberg says. “What Maikel has created is a system that allows more to be loaded on every pallet and also gives better exposure at the point of sale. It also probably makes in-store handling easier.”

    Jessica Bergdahl, Moa Ahlström, and Linnea Löfgren, first-year students at Nackademin in Stockholm, Sweden, were selected for their tri-function crisps packaging. As packaging, it protects its contents better than a traditional bag but it can also be unfolded and function as a serving bowl. Finally, the lid, which is used to close the packaging, can also be used to serve dip in.

    “Packaging that can offer several functions during its lifetime is always interesting and I’m convinced that we will see more of this type of thing in the future,” comments Bo Wallteg, long-time editor-in-chief of the packaging industry magazine Nord-Emballage, and member of the competition jury.

    The Bulgarian design name Alpha Design was the third winner for its proposal for a holder and protective cover for e-book readers.

    “A paperboard cover or holder is inexpensive and also means e-book readers can be supplied with customised contents and a cover that reflects the contents,” explains Johan Granås, Business Developer at Iggesund, who was also a member of the three-person jury. “But even if that option is not used, this should still be a cheaper alternative than many other holders and covers now on the market.”

    Iggesund has worked with the American crowdsourcing agency Crowdspring, whose global network of designers formed the basis of the competition.

    “We hoped to see some local variations where we could distinguish differences between countries and parts of the world,” says Staffan Sjöberg with slight disappointment. “But we lucked out there – the vast majority of the entries were makeovers of products from global brands.”

    He also points out that the jury judged the concepts largely without doing a detailed analysis of the realism of every entry. Some entries were rejected for clearly being impossible to realise but there were also many entries with commercial potential.
    (Iggesund Paperboard AB)
    28.07.2015   Chetwynd mill re-opening brings 150 new jobs to the area    ( Company news )

    Company news On Wednesday July 7, Paper Excellence officially re-opened Chetwynd, a mill that has been closed since 2012.

    The reopening of this Mill is predicted to bring almost 150 additional jobs to the South Peace region.

    Paper Excellence, purchased the mill, which was formerly run by Tembec, last year

    Deputy CEO Pedro Chang confirmed Paper Excellence commitment to the Mill and said that the Company will make every effort ensure the mill was running as efficiently as possible, and spent the time since then purchasing and installing new equipment.

    A soft-opening was held about a month ago, but as of Wednesday the plant is in full operation.

    The move was attended and praised by Minister Theresa Wat, MLA Mike Bernier, local Chetwynd Mayor Merlin Nichols, as well as representatives from Unifor, the union representing some of the mill workers.

    “We’re proud to have been a part of a process to create good resource jobs,” said Joie Warnock, Unifor Western Director. “B.C.’s pulp industry has struggled because our export policy kills Canadian jobs, but hopefully this re-opening can lead a trend in the industry.”

    “The government has placed all of its eggs in the basket of liquefied natural gas extraction,” he added.

    “But in the pulp sector, this is just the tip of the iceberg if the BC government began to take resource jobs seriously.”
    (Paper Excellence Chetwynd Pulp Mill)
    28.07.2015   SCA invests in Brazil    ( Company news )

    Company news SCA is set to invest approximately SEK 650m in a new production facility in Brazil for the manufacture of incontinence products. Production is scheduled to commence in 2016.

    Through an acquisition made in 2011, SCA established a presence in the Brazilian market for incontinence products. Since then, SCA has increased its sales and market share in Brazil. SCA is now the second largest company in the Brazilian market for incontinence products, with its global leading brand TENA and the local brand, Biofral.

    Brazil, which is one of SCA’s prioritized emerging markets, is the third largest retail market in the world for incontinence products.

    “This investment will increase our production capacity and improve our profitability in Brazil in the long term. The investment enables us to capitalize on the growth opportunities that we can see in the Brazilian market for incontinence products and to potentially launch other product categories in the future,” says Magnus Groth (photo), President and CEO of SCA.

    The new production facility in Jarinu, Brazil, will replace the smaller existing plant.

    In 2014, SCA’s net sales in Brazil amounted to SEK 514m.
    (SCA Svenska Cellulosa Aktiebolaget)
    28.07.2015   Europapier completes the acquisition of PaperNet's signage business unit    ( Company news )

    Company news Approval by antitrust authorities received: Europapier takes over the signage business unit and other assets of PaperNet GmbH

    Europapier CE GmbH, a daughter company of the Heinzel Group, has just closed the deal to acquire the signage business unit of the Austrian signage and paper merchant PaperNet GmbH, as was announced in June 2015. With this transaction, Europapier acquires the complete signage business as well as other remaining assets of PaperNet GmbH with effect from 24 July 2015. From that day, Europapier CE GmbH will provide full support and service to signage customers throughout the country, with company PaperNet GmbH closing its entire sales operation on the same day, as was officially pre-announced.

    As part of the transaction, Europapier also takes over the existing PaperNet GmbH signage team of 17 employees around business lead Michael Hicker, guaranteeing a smooth transition of the business for existing customers.

    The Austrian daughter companies of the Europapier Group, Europapier Austria GmbH and EU-RO Handelsges.m.b.H., both specialized in paper wholesaling and both holding the position of local market leaders, have continuously expanded their product portfolio and significantly increased their stock during the past weeks. This allows them to guarantee a reliable and sufficient supply to their Austrian paper wholesale customers, despite PaperNet’s discontinuation.

    “In the continuously shrinking paper market we will witness further changes on the supply side in the coming years,” Helmut Limbeck (photo), Board Member and co-owner of the Europapier Group, explains. “Contrary to current business trends, Europapier’s strategy is to invest in the product portfolio, availability and services offered in order to further expand our position as market leader and stay the reliable partner of choice for our customers. As the single remaining Austrian paper wholesaler, we bear a special responsibility in our home market. The recent extension of our product and service portfolio with the new range of signage business has therefore been a logical step.”
    (Europapier Austria GmbH)
    28.07.2015   Visy Paper started up VP5 in Melbourne, Australia, after Toscotec's Press Section Upgrade    ( Company news )

    Company news Visy Paper PM5 has successfully started up in end of March 2015 at Coolaroo, Melbourne – Australia, after a press section upgrade carried out by the Italian company Toscotec. VP5 paper machine produces coating base sheet and test liner for export, from recycled paper.

    Visy is one of the world’s largest privately owned paper, packaging and recycling companies; it was established in Melbourne, Australia in 1948 as a manufacturer of corrugated cardboard boxes, and today’s operational footprint extends in over 120 sites across Australia, New Zealand, Thailand and Vietnam and trading offices across Asia, Europe and the USA.

    The project aim was to increase test liner paper quality and the overall efficiency of the press section, thus increasing the energy savings. The goal was achieved by the installation of a new framing for the press section and the introduction of a state of the art shoe press - TT XPress as third nip, working with a maximum nip load of 1300kN/m at an operating speed of 1000 m/min. The addition of a new TT SteelDryer-SD1500 at the beginning of the dryer section, completed the upgrade.

    The short shut down period and the success of the installation was a result of the strong and constant partnership and cooperation between Toscotec, Build Run Repair, Visy’s dedicated Project Management Group, and the Mill that led to the quick achievement of the expected performances.
    (Toscotec S.p.A.)
    28.07.2015   MultiForm IR and MultiForm IC forming fabrics launched worldwide    ( Company news )

    Company news Voith has launched two new forming fabrics, designed for manufacturing demanding board and packaging papers and also graphic grades. As the names of the MultiForm IR and MultiForm IC suggest, these forming fabrics are part of Voith’s I-Series. All products in this series are based on a unique SSB concept. The special feature of the fabrics in the I-Series is their warp ratio of 3:2.

    The new forming fabrics were specifically developed for positions that put high demands on dimensional stability and dewatering performance. The unique warp principle of both MultiForm forming fabrics combines a fine paper side with an extremely stable machine side. This allows an increase in paper quality and a longer service life for the fabric. Further benefits are the good runnability of the fabrics at high speeds and their positive impact on resource consumption.

    Voith’s I-Series has already been used to produce around 14 million metric tons of paper worldwide. The I-Series forming fabrics are being used in a wide range of applications from fine paper through to demanding packaging papers and are suitable for all kinds of former types.
    (Voith Paper GmbH & Co KG)
    28.07.2015   Stora Enso to divest its Barcelona mill in Spain    ( Company news )

    Company news Stora Enso has signed an agreement to divest its Barcelona mill, which produces recycled-fibre based consumer board, to the private equity fund Quantum. The transaction is in line with Stora Enso’s strategy to focus its consumer board offering on high quality virgin-fibre products.

    The initial cash consideration for the divestment of the shares is approximately EUR 10 million, subject to customary closing day adjustments. The transaction has no material income statement impact and is expected to be completed in the fourth quarter of 2015, subject to regulatory approvals.

    “Stora Enso is focusing its consumer board offering on high quality virgin-fibre products. The Barcelona mill is the only recycled-fibre based mill in our Consumer Board division. Despite positive results development in recent months, the Barcelona mill requires further development effort and investment if it is to remain on a profitable path. I believe that the mill can operate more efficiently under the new ownership,” says Jari Latvanen, Head of Consumer Board division.

    Based on the annual figures for 2014, the divestment is expected to reduce Stora Enso’s annual sales by EUR 117 million and simultaneously decrease Stora Enso’s annual board production capacity by approximately 195 000 tonnes. The transaction does not have material impact on Stora Enso’s operational EBIT and cash flow going forward and it will improve operational EBIT and EBITDA margins slightly. The Barcelona mill employs approximately 220 people.
    (Stora Enso Oyj)
    27.07.2015   Alberto Caprari is elected PRESIDENT of ANIMA    ( Company news )

    Company news Numbering over 194 thousand employees and with 40 billion euros revenue, the mechanical engineering industry is the backbone of Italian industry as a whole and a true excellence both in Europe and the World. ANIMA, Confindustria's Federation of Italian Associations of Mechanical and Engineering Industries, is one of Europe's most important and well-established organizations comprising 34 Associations and over one thousand member companies.

    After having held office as Chairman of ASSOPOMPE for 6 years, Alberto Caprari, former Vice-Chairman of ANIMA since 2010, has been elected by the Governing Board and by a very broad majority, for the important task of being Chairman of the Federation.

    ASSOPOMPE acquired new energy and enthusiasm during the Caprari chairmanship, attracting lots of new members and gaining in importance in Europe at the technical meetings where future regulations and issues proposed by the European Commission were discussed. It became one of the major landmarks in the associative activities of EUROPUMP on a European and international scale.

    The CAPRARI Group is one of the leading enterprises on the international scene when it comes to manufacturing centrifugal pumps and electric pumps and creating advanced solutions for managing integrated water cycles. With headquarters in Italy, Caprari has been a recognized protagonist of the sector for the past 70 years and is a brand appreciated world-wide. With over 700 employees, CAPRARI comprises several production facilities (three in Italy, one in China and one in Turkey), as well as ten Subsidiaries, Joint Ventures and a well-established distribution network in all five continents.
    The Company and the Group have supported Alberto Caprari throughout these significant developments and can now be proud of his having taken up such an important commitment, convinced that his endeavours will provide increasing status to ANIMA and to the key sector that it represents.

    The work program presented by the new Chairman seeks to promote the development of means and actions able to increase the presence of Italy's mechanical engineering enterprises in the international markets (precisely those that are more receptive and interested in Italian manufacturing know-how), as well as growth in market segments with higher added value in Italy: all this by exploiting CAPRARI's experience.
    These, in fact, are the spheres in which CAPRARI has achieved success, thus its background and characteristics could become an excellent example for many companies in the electrical and mechanical engineering industries.
    We are certain that Alberto Caprari's work will contribute highly towards strengthening the perception of quality and reliability that are intrinsic features of products truly “Made in Italy” that ANIMA's thousand enterprises represent to perfection.
    (Caprari S.p.A.)
    27.07.2015   Norske Skog: New growth opportunity in bioenergy    ( Company news )

    Company news Norske Skog plans to build biogas facilities at its mills, utilizing bio-waste from the paper production to renewable energy.

    Norske Skog Saugbrugs will invest NOK 150 million in construction of a biogas facility in connection to its effluent plant. The biogas facility will contribute to gross operating earnings in 2016 and be at full run-rate contribution in 2017.

    - We are planning to commercialize bio-waste from raw material into gas at our mills. Despite challenging markets, we believe that our mill sites are sustainable, and will strengthen their competitiveness by constructing biogas facilities. Our new growth area will be a new main business leg named Nature's Flame, says Sven Ombudstvedt, President and CEO of Norske Skog and chairman of the board of Norske Skog Saugbrugs.

    Enova has granted NOK 52 million in support to the project, while Sparebank 1 Gruppen and Halden Municipality's pension fund has provided about NOK 100 million in debt financing. Norske Skog plans to build biogas facilities at its mills, utilizing biowaste from the paper production process to renewable energy. Norske Skog is currently considering replicating the project at its other mills.

    - An onsite biogas facility brings twofold economic benefits; a new biogas revenue stream and reduced paper production costs. Biogas is further a renewable alternative to fossil fuels, which forms part of the carbon solution. Moreover, biogas has large potentials in improving urban air quality, says Sven Ombudstvedt, President and CEO of Norske Skog.

    AGA will be the main purchaser of biogas from Saugbrugs. AGA has been supplying biogas to heavy vehicles since 2008. AGA supplies 550 buses and trucks with biogas from filling stations every day.

    - The agreement with Norske Skog Saugbrugs represents a positive addition for renewable fuels in the county of Østfold, Norway. The volume of biogas covered by the agreement will be able to supply biogas to a fleet of 70 heavy vehicles and a reduction in CO2 emissions of about 6,500 tons annually, says John Melby, Manager Clean Energy at AGA AS.

    The investment in the biogas business will strengthen the entire mill site's competitiveness and be part of Norske Skog's efforts to improve operations at its remaining mill sites.

    - Bioenergy can play an important role in the transition to a more environmental friendly transport sector, and availability of bioenergy must be increased. Therefore, we find it great that Norske Skog Saugbrugs will utilize sewage sludge from paper production to produce biogas. Buses and refuse trucks in Østfold will now be able to use climate-friendly biogas made from waste products from Norske Skog. We wish to see more of this type of energy utilization. Hopefully, several other mills in the Norske Skog group will adopt similar solutions, says marketing director Audhild Kvam in Enova.
    (Norske Skogindustrier ASA)
    27.07.2015   Inaugural BOBST & Partners Roadshow in Vietnam a great success    ( Company news )

    Company news Over 130 participants and prospective customers attended the BOBST and Partners Roadshow held in HCMC, Vietnam on 23rd June to hear about the latest innovations and trends in flexible packaging.

    The now well-established roadshow formula brings together leading equipment manufacturers and management of packaging companies. The conference opened with a welcome addresses from Mr Othmar Hardegger, Consul General of the Embassy of Switzerland in Vietnam and Mr Cao Hong Quang from the Vietnam Packaging Association.

    Throughout the day, BOBST, along with partners discussed market trends and solutions in their respective fields, covering the areas of production, printing, converting and finishing.

    Eric Pavone, Business Director of BOBST Business Unit Web-fed commented "Vietnam is an important market for us, due to the fast growing economy and the packaging sector gaining market share to become one of the most rapidly growing industries in the country with increased demand for consumer goods and in particular foodstuffs. The demand for innovative products is high and the BOBST range of solutions in flexo printing, gravure printing, laminating, coating and vacuum metallizing are ideal for meeting the requirements of the packaging industry in Vietnam".

    Laurence Dy, Zone Business Director SEA, BOBST BU Web-fed said, "This, the first BOBST and partners roadshow to be held in Vietnam was a great success and the feedback received from attendees was overwhelmingly positive."

    Eric Pavone concludes, "The roadshows were set up to provide a focus on new technology and most importantly how that technology can benefit the users. They are also a great networking opportunity as under one roof, packaging converters will find a range of companies giving highly specialised presentations in their respective field with plenty of opportunities for potential business discussions.

    I believe that along with our roadshow partners we have succeeded in our goal of presenting value added processes and solutions aimed at helping to improve the quality and profitability of converters’ business. The excellent comments we have received from attendees supports this belief".
    (Bobst Mex SA)
    27.07.2015   Packaging Corporation of America Reports Record Second Quarter 2015 Results    ( Company news )

    Company news Packaging Corporation of America (NYSE: PKG) reported record second quarter net income of $114 million, or $1.16 per share, compared to last year’s second quarter net income of $100 million, or $1.01 per share. Earnings included a net charge for special items for the Boise integration and DeRidder, Louisiana mill restructuring of $2 million, or $0.02 per share. Excluding special items, second quarter 2015 net income was a record $116 million, or $1.18 per share, compared to second quarter 2014 net income of $114 million, or $1.16 per share. Second quarter net sales were $1.5 billion in both 2015 and 2014.

    Photo: Mark W. Kowlzan, CEO

    Excluding special items, the $0.02 per share increase in second quarter 2015 earnings, compared to the second quarter of 2014, was driven by increased volume ($0.10), improved corrugated products sales mix ($0.02), lower costs for energy ($0.07) and chemicals ($0.02), and a lower tax rate ($0.04). These items were partially offset by lower white paper prices and mix ($0.10), lower export containerboard prices ($0.02), higher labor and benefit costs ($0.05), increased annual mill outage costs ($0.03) and higher wood costs ($0.02).

    Packaging segment EBITDA in the second quarter of 2015 was $267 million with sales of $1,142 million compared to second quarter 2014 packaging EBITDA of $259 million, excluding special items, with sales of $1,145 million. Corrugated products shipments were up 2.1% compared to the second quarter of last year with the same number of workdays. Containerboard production was 937,000 tons which was an increase of 91,000 tons over last year’s second quarter including 79,000 tons from the D3 machine at DeRidder. Containerboard inventories were down 1,400 tons compared to the end of the first quarter and were down about 4,000 tons from year-end 2014.

    Paper segment EBITDA in the second quarter of 2015 was $37 million with sales of $281 million compared to second quarter 2014 EBITDA of $45 million, excluding special items, with sales of $295 million. Office paper and printing and converting shipments were up, while pressure sensitive paper shipments were down compared to the second quarter of last year.

    Commenting on results, Mark W. Kowlzan, CEO, said “We had an outstanding quarter operationally in both our mills and box plants which increased earnings significantly over prior guidance. The benefits from the improvements made at the DeRidder mill, during its first quarter outage, were realized faster than expected, which allowed further grade optimization in our containerboard mill system. In corrugated products, our sales mix improved seasonally more than we expected contributing to higher earnings. We also continued to improve operations and lower costs in our white paper mills which offset some of the impact of lower paper prices.”

    “Looking ahead to the third quarter,” Mr. Kowlzan added, “we expect higher containerboard, corrugated products and white paper shipments, lower mill annual outage costs, and lower chemical costs. White paper prices are expected to be lower with announced price changes in industry trade publications. Finally, we plan to take our D3 paper machine at DeRidder down in September for 13 days to install additional dryers which will provide the capability to achieve design capacity and lower our costs. Considering these items, we expect third quarter earnings of $1.28 per share.”
    (PCA Packaging Corporation of America)
    27.07.2015   Implementation of collaborative production management system to save energy    ( Company news )

    Company news Papelera Brandia SA produces machine-glazed (MG) kraft papers ranging from 24 to 140g/m2. Their kraft papers are ideal for wrapping and packaging. The brightness of the glazed side of the paper optimizes printability.

    In 2012, Papelera Brandia started to have problems with maxi-meters tripping. These are devices used to automatically block power consumption after having reached a pre-determined limit, in order to avoid penalty payments to the local electrical utility for consuming too much energy. The maxi-meters became faulty due to old age and lack of servicing.

    Quant offered an Energy Audit as the strategic approach to both reveal their energy consumption and to identify a follow up including a master plan with the identification of potential opportunities and savings.

    Following an on-site visit by Quant experts, who performed electrical and thermal energy measurements in the power plant, pulping process and paper machine energy sources, interviews were conducted with the quality, production, maintenance, purchasing and plant managers to understand how they manage their operations and their knowledge about energy policies.

    Information such as invoices from various utilities and other energy supply companies were collected and analysed.

    As a result, Quant and Papelera Brandia defined a master plan with prioritization of opportunities, categorization and a feasibility analysis.

    One of the crucial needs identified was a monitoring and targeting system. Quant’s solution was to install the cpmPlus Energy Manager, including meters and monitoring software, to communicate with quality control, production and planning systems.
    (Quant AB)
    24.07.2015   Borregaard: All-time high result for Performance Chemicals    ( Company news )

    Company news Borregaard’s operating revenues totalled NOK 1,054 million (NOK 993 million)1 in the 2nd quarter of 2015. EBITA2 was NOK 131 million (NOK 130 million).

    Performance Chemicals improved its EBITA, while there was a decline in Specialty Cellulose and Other Businesses. In total, costs were stable in local currencies. Currency developments, including negative hedging effects, contributed positively by approximately NOK 50 million. Hedging effects were NOK -54 million in the 2nd quarter.

    EBITA in Performance Chemicals increased to an all-time high as positive currency effects, product mix and higher sales prices more than compensated for lower raw material supply. The reduction in Specialty Cellulose was mainly due to lower sales prices, a weaker product mix and lower contribution from bioethanol. EBITA in Other Businesses declined, primarily due to a higher activity level in the Exilva project.

    Profit before tax was NOK 125 million (NOK 126 million) in the 2nd quarter. Earnings per share were NOK 0.92 (NOK 0.91).

    - We are pleased to deliver another all-time high result for Performance Chemicals. In addition, we reached important milestones in our strategic projects in the US and South Africa, both aimed at growing this business area further, says President and CEO Per A. Sørlie.
    (Borregaard ChemCell)
    24.07.2015   Flint Group develops direct engravable plate for pad printing    ( Company news )

    Company news new nyloprint® DLE 30 S yields excellent print quality

    With the nyloprint® plate programme, Flint Group offers an extensive range of high-performance products for letterpress, dry offset, pad printing and security print applications. Now, the portfolio will be expanded with the new direct engravable pad printing plate, nyloprint® DLE 30 S. This plate has been designed for laser direct engraving making any further plate processing steps like wash out and drying obsolete. Generating the relief in only one step makes the plate processing much more efficient and improves the process stability when producing pad printing plates. Besides that, it exhibits very good cup gliding characteristics and stability on press together with excellent ink transfer.

    nyloprint® DLE 30 S plates are suitable with all standard laser systems: with CO2, fibre and diode laser systems, but also with standard ablation laser systems for flexo and letterpress plates. This new gravure plate for high quality pad printing is particularly well-suited for industrial and promotional products.

    Extensive field tests showed excellent results. It has become evident that the new printing plate has very good resolution properties, which enables outstanding print quality, also with halftone images.

    The new, direct engravable pad printing plate, nyloprint® DLE 30 S, is available to the market since mid July 2015.
    (Flint Group Germany GmbH)
    24.07.2015   Södra shows the way    ( Company news )

    Company news This year we are investing 5 billion SEK in our mills. But that´s not what makes us most proud.

    At Södra we are proud that we always put the forest first. After all, our members and forest owners are one and the same: Their forests guarantee that we will have a secure supply of high-quality raw material for generations to come, and that the environment and sustainability will always be at the core of everything we do. Ever since Södra’s first pulp mill started up in 1938, we have been seeking to balance innovative thinking with energy efficiency. We know that our customers can never stand still, so neither can we. We believe there are many more bright ideas waiting to be discovered from the forest and that together we can harvest them. Our 5 billion SEK investment to expand our capacity, optimise product quality and increase our energy efficiency yet further is a good start.
    (Södra Cell AB)
    24.07.2015   Sappi Speciality Papers Gears Up for FachPack and Labelexpo    ( Company news )

    Company news Sappi Speciality Papers announced that it will be exhibiting at two important European packaging & label shows in the fall of this year. FachPack is scheduled to run from 29 September through 1 October in Nuremberg, Germany (Hall 4, Stand 4-111); while Labelexpo Europe will take place in Brussels, Belgium, from 29 September through 2 October (Stand 5E17). 2015 marks the debut for Sappi Speciality Papers as exhibitor at Labelexpo Europe.

    “We are quite excited about our presence at both fairs,” says Thomas Kratochwill, Director Sales & Marketing at Sappi Speciality Papers. “Our newly created Speciality Papers competence center at our Alfeld Mill has strengthened us to expand our market reach, bringing even more new and innovative products to market for both packaging and labels and work closer together with our customers providing meaningful and sustainable packaging solutions.”

    The rebuild of PM2 at Alfeld Mill has increased the variety and quantity of speciality papers the mill is now able to produce. The competence centre, is staffed with a team of application specialists, technical customer support as well as highly skilled end use managers. This dedicated business development team is tasked with developing new innovations and solutions for the packaging market.

    Sappi debuts at Labelexpo Europe
    At Labelexpo Europe, Sappi Speciality Papers will be featuring its Algro Sol® line of silicone base papers featuring low silicone consumption, 25% lower than other standard carrier papers currently available on the market. This ensures excellent removal of the self-adhesive films from the siliconised carrier paper and results in significant cost savings. Increased production capacities at the Alfeld Mill as a result of the PM2 rebuild ensure a long-term and sustainable supply of this popular material in a dynamically changing marketplace, also expanding its reach to the Americas and Asia.

    Sappi will also be showing their label paper portfolio dedicated to wet-glue labelling: Parade® Prima A, G and HP, a one-side-coated paper with impressive brightness and gloss designed for superior print results and excellent optical appearance.

    Attending FachPack
    At FachPack, Sappi Speciality Papers will be presenting innovative solutions for flexible packaging, rigid packaging and topliner. Sappi presents a range of speciality papers and carton board that are ideal for all packaging requirements from outer wrapping to cartons and for all printing, converting and finishing processes.

    FachPack marks the first public showing of atelierTM, a hybrid FBB product that exceeds current market standards. atelier, produced at the company’s Maastricht mill, is a multi-ply board produced on a single-wire board machine, a feat no other paper manufacturer has ever achieved. It delivers the ultimate in brightness, purity and gloss with a silk touch and feel and unrivalled bulk, truly a new dimension in folding box board. This new product is a must-see for show attendees.

    “Ten years ago, we entered the carton board market and set out to revolutionise it with the Sappi Algro Design® family of SBB carton boards”. Thomas Kratochwill says; “Now we are doing it again with atelier and FBB, introducing an entirely new quality level in folding box board.”

    Brilliant, Sustainable Substrates: A Sappi Hallmark
    Also featured at the show will be Sappi’s award-winning bright white carton board Algro Design; the premium white topliner Fusion® for lamination to carton and corrugated cardboard; and Algro® Nature, a certified home compostable flexible packaging substrate that is based on renewable raw materials.Algro Nature is the first and only packaging paper that can be composted at home. It can also be laminated onto flexible packaging films from NatureFlex (produced by Innovia Films).

    Sappi is presenting at the show Algro® Guard M and Leine® Guard M barrier paper grades equipped with hot seal properties, developed in partnership with BASF and Eurofins. These sustainable and recyclable packaging materials are designed to address concerns about migration of mineral oil into food from packaging that is manufactured from recycled paper.

    The single side coated Algro Guard M is ideal for outer packaging that requires high quality print, and uncoated Leine Guard M is suitable for internal packaging and pouches. These grades are recommended for use in sugar, chocolate and confectionery; coffee and tea; crisps, snacks and nuts; dried and dehydrated foods packaging.

    “Regardless of how demanding brand owner requirements for labels and packaging might be,” Thomas Kratochwill concludes, “our substrates are ideal for meeting those needs. Packaging converters, brand owners, designers and print finishers will get evidence on how the flexibility of Sappi speciality papers contributes to the visible, tactile and protective qualities of the finished package. We are specialists in addressing challenging packaging and conversion requirements. With all of the work that is going on in our Alfeld competence center, we expect that we will also have some surprises for show attendees and encourage everyone to stop by our stand for more news and to get samples of all of these outstanding packaging materials. Our goal is to introduce one innovation each year, and we are on track to do so in 2015.”
    (Sappi Alfeld GmbH)
    24.07.2015   Resolute Selects State-of-the-Art Tissue Machine    ( Company news )

    Company news Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) announced the selection of a state-of-the-art tissue machine for the project at its Calhoun mill, in Tennessee. Supplied by Valmet, the Advantage New Tissue Technology (NTT) machine will produce premium quality tissue products for the consumer market.

    This machine is part of the previously announced $270 million project to build a facility to manufacture at-home, premium private label tissue paper, including bath and towel. Preparation work has begun at Calhoun, and the machine is expected to start making tissue in the first quarter of 2017.

    "This is the first time we will produce products directly for the consumer market," stated Richard Garneau, president and chief executive officer. "The selection of the Advantage NTT tissue machine is in line with our promise to retailers to install equipment that will offer the highest quality and the differentiation they seek for their store brands."

    The move into the tissue market represents an important step forward in Resolute's corporate growth strategy, and the company will continue to evaluate opportunities to expand its presence in this growing market segment.
    (Resolute Forest Products)
    24.07.2015   MIAC 2015 - BUSINESS AND TECHNOLOGY IN THE PAPER SECTOR!    ( Company news )

    Company news MIAC 2015, an event not to be missed for all those working in the paper
    industry sector! Rapidly changing technological solutions require continuous education: MIAC is the answer to all this! Save the date: next 14.15.16 October the international paper industry sector meets in Italy during the 22nd edition of MIAC Exhibition.

    Some MIAC Exhibitors will open the doors of its facilities during the 3 days of MIAC 2015. Reserve your visit by contacting the Company and visit the open house of your interest!

    Also for the 2015 edition, MIAC Exhibition planned four "technical meetings" in order to take stock of the situation regarding trend, future perspectives and new available technologies in the paper sector. The participation to the Conferences is free of charge. Simultaneous translation from Italian to English and vice versa is available during the Conferences.

    MIAC 2015 awards 6 visitors of the Exhibition! The two Modules of Participation (one red and one green) must be delivered to the “MIACar Point” located in the Tensostructure Pavilion and to the Upper Floor of the Pavilion.

    14 and 15 October 2015 09.00 - 18.00 // 16 October 2015 09.00 - 15.30
    (Edipap Srl)
    24.07.2015   Asahi Photoproducts to Feature Innovative Flexographic Plate Solutions at IGAS 2015    ( Company news )

    Company news Pinning Top Dot technology supports fixed colour palette printing techniques with no compromise in quality

    Asahi Kasei E-materials Corporation, a pioneer in flexographic photopolymer plate development and parent entity globally known as Asahi Photoproducts, will be exhibiting at IGAS 2015, taking place from 11-16 September in Tokyo. Asahi will be located on stand E2 2-17at the show with featuring its Pinning Top Dot plate technology, which enables a broad colour gamut, vibrant colour reproductions, soft tonal shades and improved productivity. It is also the ideal solution for fixed colour palette printing which is rapidly gaining in popularity among flexographic printers looking to optimize colour and reduce ink costs.

    “IGAS 2015 is an important show for us,” says Mr. Hidekatsu Hirayama, Sales & Marketing Manager for Asahi Japan Region. “We believe our Pinning Top Dot technology can help leading flexographic companies maintain their competitive advantage in Asia’s demanding and dynamic labels and packaging environment.”

    Sam Yamamoto, Senior Manager for Asahi Asia & Pacific Region, adds, “At IGAS, we will be showing all of the latest developments in flexographic plates, and our experts will be on hand to answer attendees’ questions. Pinning Top Dot technology (PTD) was designed by Asahi to improve flexographic print quality with the option of an environmentally sustainable water-wash system or a solvent washable plate. At the same time, all Asahi solutions ensure no-compromise print quality with the fixed colour palette printing technique, which delivers both cost and quality benefits to brand owners and their flexographic suppliers. Our development efforts have been driven by collaboration with creative agencies, trade shops, brand owners and printers to ensure the right mix of capabilities to meet all of their needs. We are excited to be sharing our solutions and expertise with show attendees.”

    Pinning Top Dot: The Details
    A feature of both Asahi’s solvent-washable TOP and TSP and water-washable AWP™ plates, Pinning Top Dot technology (PTD) enables a clean ink transfer and prevents ink accumulating on the plate surfaces and shoulders in screen areas. This leads to fewer cleaning intervals and reduced press downtime, as well as significant quality improvements.

    PTD allows a kiss-touch printing pressure setting. It makes use of low plate surface tension, made possible by a specially engineered Asahi polymer chemistry, to inhibit liquid flow. The ink forms a globule, with a large contact angle and high pinning point. This results in a cleaner and more homogeneous ink transfer from plate to substrate, helping flexographic printers meet the ever increasing quality demands of their customers.

    Further contribution to corrugated post-print market
    In addition to its PTD plate lines, Asahi will also show its new version of Tenaflex™ liquid polymer resin and AFP™-CH new solvent thick plate. Tenaflex™ resin features solid plate level of printing quality and durability in a liquid plate resin for Japanese post-printed corrugated market which requires world highest print quality. The resin has a hybrid performance that combines the advantages of liquid resin including 3 layer polymer structure with the enhanced technical properties of a solid plate, including increased plate resilience and strength. AFP™-CH is newly developed thick plate achieving reduced flute-mark through newly developed polymer technology.

    Sam Yamamoto adds, “Asahi first brought innovative liquid resin technology to market more than 40 years ago, and we are proud that our innovation continues today. These latest developed polymers will help customers maintain a leadership position in the highly competitive corrugated market. All of Asahi’s new technologies bring value to the markets we serve, and we are pleased to be sharing them with IGAS 2015 attendees!”
    (Asahi Photoproducts Europe n.v./s.a. Deutschland)
    23.07.2015   European paper and beverage carton industries welcome European Parliament's views on ...    ( Company news )

    Company news ...renewable and recyclable materials

    European paper and beverage carton industries welcome European Parliament’s views on renewable and recyclable materials

    On Thursday 9 July, the European Parliament gave a clear message to the European Commission to address crucial issues in an ambitious circular economy package. These include ending the landfill and incineration of recyclable waste, applying mandatory separate collection schemes and making the bio-economy an integral part of the circular economy.

    The European paper and beverage carton industries have called upon the European Commission for a long time to support the industry’s efforts in further improving recycling, but also to extend the scope of the circular economy package from reducing waste to including measures that foster responsible sourcing of raw materials and particularly promote the use of responsibly sourced renewable materials.

    Marco Mensink (photo), CEPI Director General says: “The European Parliament has now given a clear mandate for making the bio-economy an integral part of the circular economy. Renewability is nature’s way of circularity, clearly recognized by MEPs in their vote.”

    Bertil Heerink, ACE Director General adds: “A well-functioning circular economy will benefit from an increased use of renewable resources. We therefore welcome Thursday’s vote that underlines the importance of shifting from finite to renewable resources. We are looking forward to a constructive dialogue with the European Parliament on all topics related to the circular economy.”
    (CEPI aisbl)
    23.07.2015   A.Celli: Rebuild project at SCA facilities    ( Company news )

    Company news SCA Hygiene Spain installs refurbished rewinder with new A.Celli Paper equipment.

    Rebuild project for A.Celli Paper at SCA facilities in Allo (Spain), where the leading global hygiene and forest products company required an updated service on moving rewinder assets and major upgrade on the drive side and slitting unit. Thus, A.Celli Paper dismantled on-site the previous machinery and installed refurbished equipment with new drive and automation and safety systems, and the new, latest-generation cutting system.

    Started up in September/2014, the system fulfilled all the tests and the customer was fully pleased not only with the new technology supplied by A.Celli, but also with the technical and operational support that the teams have always shown during the entire rebuild process. “A.Celli Paper confirms itself a high level partner”, says SCA. “They immediately identified our needs and supplied what we required. Together, we scheduled the tests and started up the refurbished rewinder. This new cutting system is truly innovative and ensures extremely high quality of the paper – something SCA particularly caters to.”

    With this new rewinder, the SCA Spain facility has gained in performance, instantly showing an improvement in paper quality and, consequently, a better finished product.
    (A. Celli Paper S.p.A.)
    23.07.2015   Greif Names DeeAnne Marlow as Senior Vice President, Human Resources     ( Company news )

    Company news Greif, Inc. (NYSE: GEF, GEF. B), the world leader in industrial packaging products and services, announced the appointment of DeeAnne Marlow as Senior Vice President, Human Resources. Marlow joins Greif as a member of the executive steering team reporting directly to Greif CEO David B. Fischer.

    "Aligning short- and long-term talent needs is critical for every company. DeeAnne brings both extensive global manufacturing experience to Greif and a unique approach to the human resources function. She partners with the business to clearly identify needs, define measurable outcomes and then implement affordable and effective HR systems that map to business goals," said David B. Fischer, Greif CEO. "I look forward to collaborating closely with her and have every confidence that she will help Greif achieve its business ransformation goals."

    Marlow joins Greif from global manufacturer Cummins Inc., where she oversaw a team of 140 HR professionals across five continents. There she worked in various business units and advocated on behalf of the businesses' needs to improve performance management and ensure the successful integration of two joint ventures in Latin America. As a partner to the business leads at Cummins, she implemented systems that
    strengthened strategic business planning and change management. Her broad HR technical experience includes leadership development,
    aligning compensation with global market trends and improving recruiting and retention.

    "The role of HR has transformed. It has gone from purely services to a
    function that can bring measurable results by partnering with the business," said Marlow, who has over 25 years of HR experience. "My focus is on aligning HR to the short- and long-term business needs so that the business can achieve measureable results, create opportunities and improve overall business performance. I am excited to join Greif, with its focus on transforming to meet customers' future needs."

    Marlow is SPHR Certified, holds a Six Sigma Green Belt and received an MBA from the University of South Dakota.
    (Greif, Inc.)
    23.07.2015   Schreiner Group is "Innovator of the Year 2015"    ( Company news )

    Company news Top 100 Jury Awards Prize for Holistic Innovation Management

    Schreiner Group has achieved overall victory in the Germany-wide “Top 100” innovation competition, which has earned the company recognition as “Innovator of the Year 2015.” Prior to winning the award, the Munich-based high-tech company of the printing and film-converting industry participated in a challenging selection process. “Top 100” mentor Ranga Yogeshwar presented the prize to Managing Shareholder Roland Schreiner at the “German Mittelstands-Summit” in Essen on June 26.

    Photo from the left: Robert Weiß (Technology- and Innovationsmanagement Schreiner Group), Ranga Yogeshwar and Roland Schreiner (Managing Shareholder Schreiner Group)

    Top 100 has been recognizing mid-sized businesses for their innovation management for more than 20 years. Schreiner Group particularly convinced the “Top 100” judging panel with its “smooth transition from the second to the third family generation at the helm of the company that also gave new impetus to innovation.” In the judges’ opinion, the company had done an exemplary job of managing this change, as the transition was used to specifically drive the evolution of the innovation processes: “The conceptual basis for this is provided by ‘Strategy 2020,’ which Roland Schreiner developed together with the members of top management. In pursuing this strategy, the company has succeeded in expanding its internal, innovation-related communication which, in the jury’s opinion, further improved the company’s positive innovation climate. Schreiner’s commitment to innovation is also underscored by ‘Innovation’ being anchored in the organization as one of the four corporate values besides ‘Quality,’ ‘Performance’ and ‘Enthusiasm,’” the judges added.

    “Innovation is a corporate value that is being lived at Schreiner Group. All employees are consistently encouraged to think outside the box and to contribute new ideas,” said Roland Schreiner. “Therefore, I owe a debt of gratitude to all our employees for achieving our ‘Innovator of the Year’ award.”

    The judges’ decision was based on the results of a comprehensive questionnaire in the categories of “Innovation-Encouraging Top Management,” “Innovation Climate,” “Innovative Processes and Organization,” Innovation Marketing and External Orientation” and “Innovation Success.” During a company tour, the members of the judging panel chaired by Prof. Dr. Nikolaus Franke from the Department of Entrepreneurship and Innovation of the Vienna University of Economics and Business received a first-hand impression of Schreiner Group’s innovation process. This obviously had a lasting effect, as the judging panel of professionals stressed in the justification of its selection: “Schreiner Group impressed in ‘Top 100’ as an agile, strong-growth mid-size company with a comprehensive and holistic understanding of innovation.”
    (Schreiner Group GmbH & Co. KG)
    23.07.2015   Creation Reprographics Enhances Quality, Sustainability with Asahi Photoproducts AWP™ ...    ( Company news )

    Company news ... Flexographic Plates - Serving customers who demand the best

    Asahi Photoproducts, a pioneer in flexographic photopolymer plate development, announced that British Daventry-based Creation Reprographics has been using the premium quality Asahi AWP™ flexographic plate system for the past three years with excellent results. Designed for high quality print performance, the AWP™ water wash plate outperforms the best digital plates currently available for flexo. For the first time, a digital photopolymer plate can hold extremely small stable dots – smaller than those of solvent processed plates – and its stability on press is superior to solvent plates, with numerous associated environmental and waste reduction benefits.

    Matt Francklow, Owner of Creation Reprographics, said: “Sustainability is truly coming to the fore in print. With this high quality water wash plate, it’s the final check for retailers. At Creation Reprographics, we have positioned ourselves in the premium segment of the market, competing head on with gravure in Europe and serving those customers that demand the best in the UK. Our AWP™ results are simply unrivalled – consistency, slightly raised ink density and better lay down, good minimum dot, and speed to press are all achieved - making the printer’s job easy. The system works across all substrates, and we see a real demand for this level of performance in premium flexible packaging applications – a growth area in the industry. Converters looking to move away from gravure and offset are truly surprised by what AWP™ can achieve.”

    Extensive plate trials and live commercial production jobs have proven AWP™s ability to print down to a 10 micron dot, using classic round dot screening. With the latest screening technologies, the plate is able to reproduce a vignette fade to zero. Due to this quality leap, customers are able to successfully transfer production from offset or gravure to flexographic printing.

    Francklow continued: “At Creation Reprographics, we pride ourselves on our approach to environmental sustainability, and AWP™ fits with that ethos perfectly. We’re investing in energy management solutions across our sites and even looking at whether we can collect, filter and recycle our rainwater to do the washing of these plates. Even pens get recycled here!”

    Alan Coker, Creation Business Development Manager, commented: “Reducing waste in the plate making game is critical to your profitability. Throwing polymer in the bin is just not acceptable. Asahi’s supports our AWP™ plate technology investment with preventative maintenance and machine audit visits. And they are on hand 24 hours a day, delivering technical solutions quickly and accurately whenever needed, maximising our production efficiency.

    “Our customers are delighted as well. Since the plates do not suffer from distortion due to solvent swelling or increased temperature, we are achieving better registration and consistency on press. With the start-up time absolutely minimised, we’re making plates in less than 1.5 hours. Combine that with suitability for 4-colour process set applications, and you have an extremely compelling value proposition.”

    The Asahi AWP™ technology has been designed from the outset as an environmental plate solution minimizing wherever possible waste of precious resources. The system is water washable and does not rely on harsh solvents. The water is also reused in the process, being filtered and recycled through the plate processing system. The system is also free from the harmful volatile organic compounds (VOC) emissions that are typically generated by solvent and thermal processes.

    The entire plate manufacturing process does not generate any waste other than unexposed polymer residues, which are collected as ‘dry cake’ and safely repurposed as a combustive agent for incineration waste plants. AWP™ plates do not absorb much water, reducing the drying time of the plate by up to two to three times that of solvent cleaned plate systems. This results in cost and space reductions for the plate making room, as energy-demanding hot air dryers are not required.
    (Asahi Photoproducts Europe n.v./s.a. Deutschland)
    22.07.2015   Martin Haake signs the new Twill mailing by Favini    ( Company news )

    Company news Twill, the elegant felt-marked paper, features a vintage interpretation of Venice by worldwide famous illustrator Martin Haake

    Favini presents the new Twill mailing.
    Characterized by a classical, linear design, Favini’s Twill paper is the perfect partner for sophisticated and elegant communication. The fine texture enhances the tactile experience on both sides of the paper and offers an ideal background for creative solutions.

    Favini chose for their new mailing the skillful hands of worldwide famous illustrator Martin Haake, who turns ‘imperfection’ into his major strength. “I am especially touched by things that are imperfect and I like to create images that are also imperfect. If some of my illustrations get too perfect, I have to draw them again”, said the artist. Twill’s perfect linear texture contrasts well with the deliberately ‘imperfect’ style of Martin, who recreates Venice in a retro and poetic style.

    Enclosed in the Twill mailing is a gift for the Favini designers and partners, an original mini poster with a vintage touch. Even the cover is a piece to keep and to use as inspiration: the blue tone of Twill Indigo creates an ideal background for the textures printed litho, Pantone 877 and for the orange silk screened areas.
    (Favini Srl)
    22.07.2015   Norske Skog: Lower margins in a challenging market    ( Company news )

    Company news Norske Skog's gross operating earnings (EBITDA) in the second quarter of 2015 were NOK 138 million, down from 192 million in the first quarter. EBITDA were down due to weak publication paper demand in 2015 and industry focus on market share. Today, Norske Skog announces entry into two new growth areas alongside the publication paper business: bioenergy at our facilities and tissue production at Bruck.

    The net loss of NOK 571 million in the second quarter of 2015 was significantly impacted by negative other gains and losses amounting to NOK 276 million. Net interest-bearing debt increased by NOK 0.4 billion from the end of first quarter 2015, from NOK 7.1 billion to NOK 7.5 billion, due to seasonally high interest payments and somewhat unfavourable foreign exchange effects. Cash flow from operating activities before net financial items was NOK 89 million (NOK -387 million in Q1 2015) and working capital was practically flat throughout the second quarter.

    - We cope with a challenging market for publication paper by a cash driven commercial policy, and continued efforts to cut costs and improve productivity. In addition, we have stopped group support to operations at Walsum. Given that mill's high costs relative to competitors, it was very difficult to see a return to profitability. We will continue to pursue an active capacity management policy to support cash generation and improved market balance, says Sven Ombudstvedt (photo), President and CEO of Norske Skog.

    Market and segments
    Lower LWC sales volume due to discontinuation of Walsum and appreciation of the Norwegian krone caused lower operating revenues in the quarter. Cost of materials were lower compared to last quarter reflecting the discontinuation of high cost production at Walsum. Fixed costs in the quarter declined to below NOK 500 million. The low sales volume, a less favorable sales mix and continued losses at Walsum through May contributed to reduced gross operating earnings both year-over-year and quarter-over-quarter.

    Demand for newsprint and magazine paper in Europe decreased by 10% and 4% respectively in the five first month of 2015 compared to the same period last year. The mills reduced their capacity utilization to 80% (82% in Q1 2015) in the quarter to avoid low margin sales and to support the company's commercial policy.

    Operating revenue declined slightly with Australian dollar depreciation and challenging export markets for newsprint to Asia. Variable costs per tonne decreased in Q2 2015 with seasonally lower energy costs. Fixed costs were flat. Gross operating earnings improved year-over-year with the completion of the Boyer conversion.

    Demand for newsprint in Australia decreased by around 10% in the first five months of the year compared to the same period last year, while demand for magazine paper was relatively stable. The mills increased their capacity utilization to 89% compared to 88% in Q1 2015.

    Active capacity management
    Total annual production capacity for the group is 2.8 million tonnes. In Europe the group capacity is 2.1 million tonnes, while in Australasia the capacity is 0.7 million tonnes. Capacity utilization for the group in the second quarter was 82% compared with 83% in the first quarter.

    - The market remains challenging. We have performed active portfolio management of our machine capacity in the second quarter, and we will continue this policy in the next quarters. Already announced permanent capacity cuts of more than 2.5 million tonnes in Europe and North-America in 2014 and 2015 in our product segments should be favourable to the market balance, and thus future price levels, says Sven Ombudstvedt, President and CEO of Norske Skog.
    (Norske Skogindustrier ASA)
    22.07.2015   Rebuild of Gruvön PM 6 successfully completed    ( Company news )

    Company news Voith has successfully completed the modernization of the paper machine PM 6 at BillerudKorsnäs AB in Gruvön, Sweden. As part of the rebuild project, the press section and parts of the dryer section have been modernized. BillerudKorsnäs manufactures on the PM 6 fluting for packaging paper from virgin fibers.

    Photo: OnQ ModuleSteam

    In the press section the existing roll press was taken out of the second position and installed in the first press position. Now a new NipcoFlex shoe press is being used as the second press. The NipcoFlex package delivered to BillerudKorsnäs is the first one which can achieve lineloads of up to 1,700 kN/m. This is only possible through an optimal combination of roll, shoe, press sleeve and press felt, which were all developed by Voith. Through the extremely high press pulse maximum dewatering is achieved with the highest paper quality. The closed web run through the press reduces sheet breaks and increases the runnability of the paper machine. Dryness and speed of the paper machine are increased simultaneously. In addition, the cantilevering structure in the shoe press position of the new press allows the use of endless felts.

    For the conditioning of the press felt a ProLub cleaning system has been installed for the first time in a paper machine for packaging papers. ProLub cleans continuously the felt across the entire working width. The dryer section has been reduced by two dryers, resulting in further energy savings.

    Also part of the scope of supply were MultiFlex machine clothings in the press and dryer section and an OnQ ModuleSteam steam box that ensures a uniform CD moisture profile and a higher dryness.
    (Voith Paper GmbH & Co KG)

    Company news The difference between water and people is that water needs no encouragement at all to turn its energy into work! All you need is someone with the will to harness that energy. That's why hydro power is one of the longest established, most widely used, and indeed most reliable forms of renewable energy production.

    With the completion of major refurbishments to its hydro power plants, The KATZ Group has confirmed its commitment to a sustainable corporate strategy. Even before the modernization work, the company was covering 34 percent of its energy needs with its own renewable sources – so people are already enthusiastically awaiting the new figures! The KATZ Group expects its four highly efficient Kaplan turbines and generators to boost the amount of electricity produced by 1.23 million kilowatt hours a year, a figure roughly equivalent to the power consumption of some 300 homes.

    As well as installing new technology, the company has made further efforts to improve the ecology of the River Murg by making alterations designed to help fish navigate up and down the river. The 3.8 million euro investment has created a cost-effective and eco-friendly basis for meeting the challenges that lie ahead.

    Enthusiasm for the high quality of the project came from various bodies, including the Karlsruhe local government office, Rastatt district administration, and the municipality of Weisenbach, which owns the stretch of water. They expressed particular praise for the changes made to help fish navigate up and down the Murg, which have improved the overall ecology of the river.

    There was widespread satisfaction among the project participants with the skilful way in which the challenges of the project had been overcome.
    "That's why I would like to express my thanks to everyone involved – it was thanks to them that the project ran so smoothly and successfully," says Daniel Bitton.
    (Katz GmbH & Co. KG)
    22.07.2015   ACQUISITION BY PRO-GEST OF THE CARTIERA MANTOVA    ( Company news )

    Company news On June 30, 2015 the official acquisition of the Cartiera of Mantova was signed by the Pro-Gest Group.

    In late March, Pro-Gest submitted a binding offer to purchase the paper mill of the Burgo Group and in the light of the industrial value of the project, Burgo accepted.

    Both Parties confirm their commitment to a relaunch of the industrial site that take into account the characteristics of the employment impact on the territory.

    The goal is reactivate the paper mill, hopefully by the summer of next year. Meanwhile a dozen former employees will be hired as early as July 1, 2015, in order to begin work on the restoration of the Cartiera - after a long period of closure - under the coordination of Francesco Zago (Director of Cartiere Group Division of Pro -Gest) and Alfredo Pistons (Head of Cartiera Mantova).
    (Pro-Gest S.p.A.)
    22.07.2015   Neenah Grows Both Premium Packaging and Technical Products Platforms with Agreement to ...    ( Company news )

    Company news ... Acquire FiberMark

    Neenah Paper, Inc. announced it had signed a definitive agreement to purchase all of the outstanding equity of ASP FiberMark, LLC ("FiberMark") from an affiliate of American Securities LLC for $120 million. With annual sales of over $160 million, FiberMark is a specialty coating and finishing company with a strong presence in luxury packaging and overlapping technical product categories. The company sells globally from six production facilities in the United States and one in the United Kingdom.

    "FiberMark is well known in the marketplace for its high touch service as well as a meaningful breadth of premium coated, textured and colored products. The acquisition adds new capabilities that will further accelerate our strategy to expand in targeted growth areas like premium packaging and performance materials, and complements previously announced strategic investments supporting the continued growth of our filtration business," said John O'Donnell, Chief Executive Officer. "The combination of FiberMark and Neenah increases the size and our reach in many of our addressable markets and provides opportunities to accelerate growth with a wider range of capabilities and products to better serve our customers. From a financial standpoint, the investment represents an attractive use of capital with a mid-teen rate of return, is not dilutive to our EBITDA margins and will be immediately accretive in year one."

    The Company indicated it expects one-time costs in 2015 of approximately $5 million for transaction fees and integration, with synergies exceeding $6 million per year within three years. Ongoing accretion (excluding one-time costs) is expected to be over $0.40 per share.

    The acquisition will be financed approximately equally between cash on hand and borrowing against the Company's revolving credit facility and is expected to close on July 31, subject to customary conditions. Additional details will be discussed in the Company's second quarter earnings call on August 6th.
    (Neenah Paper Inc.)
    22.07.2015   Chemistry and Packaging improve first-half EBIT; Paper Division feels impact of weak euro and...    ( Company news )

    Company news ... lower paper prices

    All three business divisions of the CPH Group increased their sales volumes in the first half of 2015 over the same period last year. But with a weaker euro and lower paper prices, net group sales for the period fell 18.0% to CHF 199.3 million, and the first-half group EBIT of CHF -18.5 million was a CHF 27.8 million decline on the prior-year period.
    On a brighter note, and despite a strong Swiss franc, the Chemistry and Packaging divisions achieved slight year-on-year improvements in their first-half EBIT results.
    The 13% year-on-year fall in the value of the euro against the Swiss franc had a tangible impact on the 2015 first-half results of the CPH Group, which generates some two-thirds of its revenues in the Eurozone.

    “All our business divisions raised their sales volumes in the first six months of this year,” says Group CEO Peter Schildknecht (photo). “And our Chemistry and Packaging divisions also improved their first-half earnings, despite having to contend with a highly overvalued Swiss franc.”

    The Paper Division continued to pursue its efficiency enhancements;
    but these were still not sufficient to fully offset the impact of
    adverse currency movements and falling newsprint prices. Net salesfor the CPH Group as a whole amounted to CHF 199.3 million, an 18.0% year-on-year decline.

    Chemistry and Packaging improve their earnings results
    Thanks largely to substantially higher sales volumes, the Chemistry Division posted net sales for the first half of 2015 that exceeded their prior-year level. The production facilities in Switzerland and the USA were both well utilized. And the division’s first-half EBIT result also represented a slight year-on-year improvement.
    The pharmaceuticals markets saw further growth in the first-half period, though in Europe –the prime sales market for the Packaging Division – this was of only low-single-digit percentage proportions.
    Higher sales volumes only partially offset currency-related losses,
    and net sales for the period were correspondingly down. The division improved its first-half EBIT result, though, thanks to further efficiency enhancements.

    In addition to the weakness of the euro, the Paper Division suffered from declines in paper prices. These two adverse trends could only be partially offset by higher sales volumes. And although expenditure was further reduced from its prior-year level, the division still posted a
    negative first-half EBIT result.
    Since it accounts for some two-thirds of total group earnings, business developments at the Paper Division have a major influence on overall results for the CPH Group. Group EBIT for the first-half period fell from the CHF 9.3 million of 2014 to CHF -18.5 million. The strength of the Swiss franc adversely affected the financial result, too, and the net result for the period declined to CHF -28.7 million. Total equity as of 30 June 2015 amounted to CHF 404.3 million; and with an equity ratio of 64.1%, the CPH Group remains robust in capitalization terms.

    The Annual General Meeting of 1 April 2015 newly elected Manuel Werder
    and Kaspar W. Kelterborn to the Board of Directors of CPH Chemie + Papier Holding AG, the Group’s holding company. The Board reconstituted itself at its first post-AGM meeting. Tim Talaat assumed
    the position of Deputy Chairman from Max Walter, who had previously retired; and Kaspar W. Kelterborn was appointed chair of the Board’s Finance & Auditing Committee, with further committee members Peter Schaub and Manuel Werder.

    Outlook for 2015: currency movements crucial
    The Chemistry Division should continue to benefit from steady demand in the second half of the year. The division’s production facilities are currently well utilized, especially for higher-margin products.
    Higher sales volumes and further cost economies should cushion the adverse currency impact, and both net sales and EBIT for the year as a whole are likely to be broadly at their 2014 levels.
    Prospects for the Packaging Division remain favourable. The expansion in China is making good progress, and work has begun on the new Wujiang production facility. The first coated films for the local pharmaceuticals sector should be available from this in mid-2016.
    Packaging’s net sales for 2015 are likely to fall short of the previous year’s, owing largely to currency trends; but with the success of the efficiency improvements it has effected, the division is confident of posting an EBIT for 2015 that is roughly in line with its prior-year level.
    The Paper Division sees some brighter prospects for the second half of the year: several of its competitors have announced price increases for their magazine paper products. But given the falls in demand,
    Europe’s paper production capacities would need to be further substantially reduced to permit sustainable price recoveries. The division has already initiated more action to enhance its efficiency,
    by further improving its processes and lowering its costs. But it will
    be unable to emulate its net sales of 2014, and will post a clearly negative EBIT result for the year as a whole.
    “For 2015 the CPH Group expects to report lower net sales than last year and a negative annual earnings result,” summarizes Peter Schildknecht. “But in the medium term, CPH will return to profit, as we demonstrated already last year.”
    To this end, the Group will continue to pursue its strategy of expanding outside Switzerland beyond its paper business, to better tap
    local markets with strong growth rates and to reduce its presently high exposure to adverse currency movements.
    (CPH Chemie + Papier Holding AG)

    Company news ...AND FASTER INNOVATION

    The Select Solutions Portfolio from Avery Dennison brings for the first time ever in Europe many proven application-specific constructions as well as custom-engineered solution capabilities to match precise customer needs. It means label converters can innovate and reach new markets more easily than ever before, with outstanding technical support and service options.

    Georg Mueller-Hof, director Select Solutions, Avery Dennison Materials Group Europe, said that innovation starts with confidence. “We are giving label converters a winning combination. This collection offers 100,000 potential constructions via our Mix & Match™ service, and fifteen application-specific portfolios that give label converters a fast and simple route to unique labelling solutions for brand owners. Both are offered with low Minimum Order Quantities and rapid shipping. Additionally, converters can develop high-performance custom-engineered solutions with the Select Solutions team.”

    Converters can select among available adhesives, liners, facestocks and engineered materials on demand, with on-the-spot quotations and full sales support. Extensive web and print product collateral also help to make choosing the best solution simpler than ever. The portfolios include coupon labels, labels that detach without a trace, anti-counterfeiting solutions, resealable labels, multi-layer constructions, and labels that stick for a product’s lifetime.

    Mueller-Hof said that the focus is on supporting converters throughout the entire process: “Technical solutions leaders are a key part of the Select Solutions offer. They work directly with converters to understand individual needs and product requirements. Then they help to design a product that will differentiate converter and brand owner alike. Mix & Match options are available that provide well-proven combinations of materials, for a simpler trial process and faster time-to-market. Much more complex specifications can also be met for virtually any application, thanks to tailor-made constructions. It all means that converters can break into new segments far more easily, in areas as diverse as dry-peel labelling, oxygen barrier reclosures, tamper-evident labelling, kiddie stickers, drum labelling and much, much more.”

    Select Solutions™ will be featured at the Avery Dennison booth (Hall 5, Stand 5A31) at Labelexpo in Brussels from September 29 - October 2, 2015.
    (Avery Dennison Label and Packaging Materials Europe)
    21.07.2015   KBA-Sheetfed Solutions on the path to the "Internet of Things"    ( Company news )

    Company news Digital Business Transformation modifies business processes

    The graphic arts industry has changed immensely and forces the supply industry to make organisational changes. Koenig & Bauer (KBA) therefore recently took this shift into account by spinning-off business units operating on the market and production activities from the future holding company. But that is not enough: In parallel, experts from the company’s largest business unit KBA-Sheetfed Solutions have been working on a new global sales, service and marketing strategy. As part of this, meetings have been taking place regularly with representatives from the subsidiaries. The strategy’s goal is ‘digital business transformation’ – the optimisation and transparent organisation of all business processes and the development of new business models in accordance with Industry 4.0 and the Internet of Things. The findings and processes are expected to be transferred to other KBA business units at a later date.

    Photo: Thomas Göcke, head of marketing & CRM at KBA-Sheetfed Solutions, used examples to highlight business strategies which arise from combining data from sales, service and Marketing

    KBA opted for the flexible Salesforce software platform in order to implement these changes. This internationally widespread CRM solution successful in many industries supports digital business transformation, offers practical mobile services and analysing tools, and can be expanded further at any time. The almost 200-year-old press manufacturer thus uses well-known technology from the social media sphere, e.g. for internal business communication. The experts from Salesforce were so amazed by KBA’s approach to digital business transformation that they invited KBA-Sheetfed Solutions to their presentation in front of over 4,000 participants on 2 July in Munich as part of the Salesforce World Tour. Managing director Ralf Sammeck, CIO Jürgen Tuffentsammer and Thomas Göcke, head of sheetfed marketing and CRM, presented the digitally linked cooperation between sales and service in the sheetfed segment with keynotes, interviews, videos and a presentation.

    Eliminating information silos
    How do the users benefit from this? “We need to understand our customers better,” says Ralf Sammeck, managing director of KBA-Sheetfed Solutions. “That means we cannot simply deliver printing presses, we need to support our customers in attaining market success with our machines and systems.” This is achieved by linking all available data from sales, service and marketing to reduce information silos and collate this data with press data. This collated data can then be linked, structured and analysed thus offering the foundation for decisions. The quick access and sharing of information within the company leads to an enormous transfer of knowledge.

    Services tailored to customer needs
    In summary, KBA is able to respond better to customer needs and offer suitable services. This can be a proactive service approach: In the event of a part malfunction the press sends a message to KBA. A service assignment can be scheduled at the right time enhancing press availability and user satisfaction. Performance checks for optimising press performance can be derived from comparing the data with top performing presses. Community Clouds support users by providing explanations on operating functions and a platform for exchanging information. Users can learn from each other and share practices, making new customer experiences possible. This in turn creates key differentiation factors for the brand.

    Digital business transformation allows all data to be accessed worldwide with mobile devices. Management decisions founded on knowledge can be made anywhere, an important aspect for an international company like KBA. The user profits from this process acceleration. A lot of groundwork has already been laid and some topics have been implemented.

    50 per cent of mid-size German companies do not consider digitalisation a priority. Most chose to focus investment on technology. With its high number of patents, KBA is a technical innovator in the press engineering industry and expects to boost close and long-term customer relations by digitalising business processes.
    (Koenig & Bauer AG (KBA))
    21.07.2015   Pakistan's flexible and carton packaging industries participate in BOBST & partners Karachi ...    ( Company news )

    Company news ... roadshow

    The two-day BOBST & partners packaging print and converting roadshow, held in Karachi in May 2015, brought together over 140 prominent representatives of the Pakistani flexible and carton packaging industries. Together, delegates heard from world-leading equipment and consumables manufacturers about the latest technologies and processes for packaging printing and converting.
    The focus of day one was on the latest innovations in flexible packaging solutions, from raw materials to finished products. These were presented by BOBST and its industry partners.

    “We have important customers in Pakistan, with a number of BOBST gravure printing, laminating and metallizing equipment installations for converting flexible materials,” commented Eric Pavone, Business Director, BOBST Business Unit Web-fed, “In addition to illustrating the way our value-creating solutions can meet market needs, and supporting the drive among Pakistan’s converters towards higher performance and product quality, the roadshow provided us with the opportunity of personally giving them an in-depth look at the advantages of our very latest developments. Most notably among these was the brand new RS 5002 gravure printing press for flexible packaging which we launched earlier this year.”

    Carton packaging was covered on day two of the roadshow. BOBST presented its latest solutions designed to help carton makers work towards “zero-fault” packaging, along with highlighting some specific process developments in hot-foil stamping, the die-cutting of in-mold labels, rotary Braille embossing, and litho-lamination. Industry partners also showcased their latest solutions, aimed at driving innovation through the corrugated board and folding carton packaging supply chain and giving converters a competitive advantage.

    Mr. Samir Khoudja, Head of Zone, Bobst Africa & Middle East, said, “Pakistan in an important market for us. It already has a large number of BOBST folding carton installations and we expect further development in the corrugated board industry over the coming years.” He added, “This seminar brought a unique opportunity for us and our industry partners to demonstrate to customers in Pakistan how we can help them improve the quality of their output while at the same time reducing their costs. Our presence in Pakistan shows our commitment to supporting the development of the packaging industry in this key market.”

    Complementing the technical presentations, very valuable insights on trends in both the flexible and carton sectors of Pakistan’s packaging industry were given by Mr. Rizwan Ghani, General Manager of Packages Limited, Lahore, and Mr. Ahmed Farooq, Corporate Packaging Services Manager, Nestlé Pakistan, who relayed the perspectives of a major converting company and a brand owner respectively.
    Also of interest were the addresses given at the opening of each day of the roadshow. On the day dedicated to flexible packaging, Mr. Syed Aarij Iqbal, CEO of M/s Alpha Penta Pvt Ltd, spoke in his capacity as Executive Member of the Italian Development Committee (IDC) about the promotion of bi-lateral trade between Pakistan and Italy, as well as about the role of the IDC.

    Mr. S. M. Naseeruddine, Member of the Board of PAPGAI, the Pakistan Association of Printing and Graphic Arts Industry, addressed the audience on the day dedicated to carton packaging. He highlighted the history and the mission of the association, and shared information about the organization of the PrintPak exhibition, which will be held in Karachi this November.

    The event was co-hosted by Sal-Im International Company, the BOBST agent in Pakistan.
    “We have been BOBST’s carton converting equipment representative in Pakistan for over thirty years and through very many successful installations in the country. From earlier this year we have also taken over the representation for BOBST flexible material printing and converting equipment,” explained Mr. Salman Hanif, Director of Operations, Sal-Im International Company. “The roadshow has provided us with a tremendous opportunity to touch base and establish a personal contact with the management of a great number of Pakistani flexible packaging converting companies, which is invaluable for the development of our activities in this sector of the packaging industry.”
    (Bobst Mex SA)

    RSS-News News RSS-News from - Add to Google! Page:    1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  25  26  27  28  29  30  31  32  33   >> 

    Buyers' Guide of Producers' and Converters' Products:
    Base papers and boards
    Board for packaging use
    Board, misc.
    Boxes, packages, etc.
    Corrugated boards
    Household and sanitary paper goods
    Household and sanitary papers for converting
    Office and exercise goods, general stationery
    Other converted paper and board products
    Paper and board for technical use
    Paper rolls all kinds
    Papers all kinds
    Papers and boards; coated, laminated, impregnated
    Papers for packaging use
    Printing, fine and writing board
    Printing, fine and writing papers
    Pulps and mechanical groundwood pulps
    Sacks, bags, carrier bags

    Buyers' Guide of Merchants:
    Base papers and boards
    Board for packaging use
    Board, misc.
    Boxes, packages, etc.
    Corrugated boards
    Household and sanitary paper goods
    Household and sanitary papers for converting
    Office and exercise goods, general stationery
    Other converted paper and board products
    Paper and board for technical use
    Paper rolls all kinds
    Papers all kinds
    Papers and boards; coated, laminated, impregnated
    Papers for packaging use
    Printing, fine and writing board
    Printing, fine and writing papers
    Pulps and mechanical groundwood pulps
    Sacks, bags, carrier bags

    Buyers' Guide of Suppliers' Products:
    Assembly and handling equipment
    Associations and institutions
    Chemicals and raw materials
    Cleaning plants, filtres and filtrations systems
    Drives, gears and motors
    Energy production, energy management
    Machine knives and accessories
    Machines and plants for the wood and pulp industry
    Machines and plants, misc. and printing machines
    Paper and board converting machines
    Paper and board machines and plants
    Paper machine felts and wires, woven wires, screens
    Planning, development and organisation, trade services
    Plants for preparation, dissolving, combusting, recovery
    Pumps all kinds
    Rollers and cylinders
    Test, measuring and control equipments
    Trade journals, magazines
    Ventilation systems; Drying plants
    Database | Map | Registration | Journal | News | Advertising | Publishing house products | Forum | Links | Publishing house

    © 2004-2015, Birkner GmbH & Co. KG  -   Last database update: 24.07.2015 15:31