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    RSS-News News RSS-News from paper-world.com - 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   >> 
     
     
    13.02.2014   EBB buys Cell Limited    ( Company news )

    Company news We are delighted to announce the acquisition of Cell Limited, the Derbyshire based carton board and packaging supplier.
    Cell have been supplying carton board and packaging to the UK market for over 25 years. Their current 10,000 tonnes per annum business is a complimentary fit to the existing EBB portfolio.
    Based from their 22,000sqft distribution hub in Derbyshire, the new acquisition will be gradually integrated within the EBB network.
    "We are delighted to become part of the EBB Group" said Simon Wooldridge — Cell Sales Manager. "The combined customer base offers exciting opportunities to cross sell for both businesses. The financial strength of EBB and the vision of its Directors were key factors in our decision to join them".
    "Our distribution expertise, financial strength and guarantee to be an independent UK owned supplier are areas where we think we can add value to Cell's current business model. As a Company we are committed to grow our core business to the graphic print sector, whilst at the same time are continuing to look for acquisition opportunities in both our industry, and those closely related." commented Matt Elliott — EBB Managing Director.
    (Elliott Baxter & Co. Ltd - EBB Paper)
     
    13.02.2014   Brazil: Production and revenues with exports grow in 2013    ( Company news )

    Company news In 2013, pulp and paper production in Brazil grew by 7.3% and 1.6%, respectively, in comparison with 2012. From January to December 15 million tons of pulp and 10.4 million tons of paper were produced.
    Exports in the sector totaled US$ 7.1 billion in the year, representing an increase of 7.5% in relation to 2012. Pulp exports reached 9.4 million tons and paper totaled 1.8 million tons. Europe remained the main destination for Brazilian pulp, generating approximately 40% of the revenues with sales of the product to foreign markets, followed by China and North America with 30% and 20%, respectively.
    In regards to paper, accumulated export revenues registered 1% growth as compared to last year, totaling US$ 1.9 billion. Latin America then follows as a major market for the product, being responsible for approximately 14% and 13%, respectively. Shipments to North America grew by 35% in the year.
    Sales of paper to the domestic market totaled 5.7 million tons and had an accumulated growth of 2.9% in the year when compared to 2012, i.e., indicating stability in the Brazilian market.
    During 2013, the sector had major achievements in the measures against the improper usage of tax-exempt paper, which is exclusively destined to the printing of books, newspapers and magazines. Labeling requirements on tax-exempt paper packaging, the commitment of the production chain with the action and, mainly, the nationalization of “RECOPI” (Recognition and Control System for Tax-exempt Paper Operations) were the most relevant facts. In the case of RECOPI, the sector expects that State governments implement the system as soon as possible to close eventual loopholes in the law.
    (BRACELPA Associação Brasileira de Celulose e Papel)
     
    13.02.2014   Heidelberg expands range of Saphira Eco consumables    ( Company news )

    Company news -Criteria for environmentally friendly blankets defined and evaluated in a world first
    -New mineral oil-free ink series for Anicolor technology users
    -First PUR glue with no harmful environmental effects

    Heidelberger Druckmaschinen AG (Heidelberg) has been offering a range of particularly eco-friendly consumables - the Saphira Eco product line - since 2011. This range is subject to the strictest criteria in the print media industry for the environmental compatibility of consumables. Heidelberg has now tightened these criteria once again and adapted them to the latest international environmental standards. It is also further expanding the range of Saphira Eco products it offers.
    Users can now benefit from the Saphira Blanket Pro 200, an eco-friendly blanket that has excellent all-round properties and is particularly suitable for commercial printers looking to make their production operations even more environmentally friendly and sustainable. Working closely with suppliers, Heidelberg has defined and introduced the world's first criteria for environmentally friendly blankets. To define these criteria, the company reviewed the production process and identified and evaluated the green credentials of the substances used.
    Heidelberg is also launching the mineral oil-free Saphira Ink Anicolor S100 and H100 ink series for Anicolor technology, thus making Anicolor, which boasts minimal waste and low energy consumption, even more eco-friendly.
    In the postpress sector, users will be able to use Saphira Binding Glue PUR 330 NE, the first PUR glue not to release any harmful isocyanates and therefore any substances that pose a health risk to users.
    "Green printing has already become standard at numerous companies in industrialized markets. The Saphira Eco product line from Heidelberg offers these companies a range that meets the world's strictest requirements for eco-friendly consumables. It's the perfect choice for customers who attach great importance to their company's green credentials and don't want to compromise on quality when using eco-friendly consumables," says Peter Tix, head of Consumables at Heidelberg.
    (Heidelberger Druckmaschinen AG)
     
    13.02.2014   CrillEye presented at Papertech India    ( Company news )

    Company news CrillEye, developed in cooperation with Innventia, was presented by Mattias Drotz, Innventia, at the Papertech conference 18-19 July in Hyderabad, India. The headline of the speech was “Fibre analysis and optimization of process” and covered all aspects on how CrillEye can be used to calculate different strength properties, as well as to optimise fibre mixtures.
    The results from PulpEye measurements of different pulps available in India were presented.
    Improved process control with PulpEye and CrillEye results in a reduced fibre cost by having the right mixture as well as in reduced overall energy consumption.
    (Waggeryd Cell AB)
     
    13.02.2014   Process Optimization within the whole Tissue Production - emtec Electronic at the ...    ( Company news )

    Company news ... Tissue World in Miami, USA

    As usual, emtec Electronic GmbH will attend the „Tissue World Americas 2014“ in Miami, Florida. From March 19th until March 21st, we will be present at the exhibition at booth no. 1065 together with Technidyne Cooperation – our representative for North America. In addition to the exhibition, we will also attend the Tissue World Conference on Friday, March 21st with a presentation – interesting for all players within the tissue industry.

    The TSA Tissue Softness Analyzer is one of the testing instruments, which will be presented in Miami during these three days. The device is used for the objective and reliable measurement of tissue properties as the real softness, smoothness / roughness and stiffness. The availability of these three parameters opens a huge amount of chances for the optimization of the tissue production and converting processes.

    Additionally, emtec Electronic will present some measuring devices for the wet end area: the CAS Charge Analyzing System for determining the particle charge of filtrates and the FPA Fiber Potential Analyzer for measuring the Zeta Potential of fibers. Furthermore, emtec Electronic developed a new Online measuring device FPO – Fiber Zeta Potential Analyzer Online, which measures the Zeta Potential of fibers directly in the production process and delivers immediately reliable and necessary information concerning the dosing of chemicals to the pulp.

    During Technical Session 3 in the conference on Friday, March 21st Mr. Alexander Gruener will explain in detail the different functions and applications of these valued production assistants and their “Possibilities for Process Optimization from the Wet-End to the Finished Tissue Product”.
    (emtec Electronic GmbH)
     
    12.02.2014   Valmet to supply a paper machine rebuild for Sappi's mill in Austria    ( Company news )

    Company news Valmet will rebuild a paper machine at the Gratkorn mill of Sappi Austria Produktions GmbH in Austria. Valmet's large rebuild delivery will include the modernization of all the main sections of the paper machine and targets to improve end product quality. The rebuilt production line will start-up during the last quarter of 2014.
    The order is included in Valmet's first quarter 2014 orders received. The value of the order will not be disclosed. The value of paper machine rebuilds depends on the scope of the delivery. This kind of line level rebuild is typically valued above EUR 20 million.
    "Continuous improvement in both, cost and quality is always top of mind for us. We have a strong relationship with our customers and make a point of understanding their needs; this investment will ensure that we continue to meet them," says Max Oberhumer, Mill Director at Sappi Gratkorn Mill.

    Valmet's solution for improving the papermaking capabilities
    The modernization of the 9.25-m-wide (wire) PM 11 consists of headbox modification, gap former rebuild as well as press section and drying section rebuild. The forming section rebuild with new shoe and blade forming technology will improve the end product quality of coated woodfree paper grades. The modifications in the press section area will boost the runnability and give possibilities to widen the end product basis weight range.
    (Valmet Corporation)
     
    12.02.2014   Lenzing appoints New Management Board Member    ( Company news )

    Company news The Supervisory Board meeting of Lenzing AG held on January 31, 2014 appointed Mr. Robert van de Kerkhof (49, photo), MBA, to serve as a member of the Management Board for a period of three years as of May 1, 2014.
    In his capacity as Chief Commercial Officer, Robert van de Kerkhof, a native of the Netherlands, will have management responsibility for marketing and sales. His relevant international management experience is a key reason justifying his appointment to the Management Board. Van de Kerkhof has worked for close to 25 years in the fiber business in various international positions for two prominent companies/ corporate groups (DuPont and Koch Industries). During this time he focused on the fields of marketing and sales, product development, innovations and the ongoing optimization of the value chain.
    Accordingly, effective May 1, 2014, the Management Board of Lenzing AG will consist of Peter Untersperger (Chief Executive Officer), Friedrich Weninger (Chief Operating Officer) and Robert van de Kerkhof (Chief Commercial Officer).
    (Lenzing AG)
     
    12.02.2014   Cartotecnica Veneta installs first QuadTech Color Quality Solution for the gravure market     ( Company news )

    Company news System links QuadTech and X-Rite technologies to simplify preparation and deliver precise color consistency

    Picture: The QuadTech SpectralCam™ delivers L*a*b* data for precise, cost-effective color management—in the image, in-line, on paper or film substrates.

    Cartotecnica Veneta S.p.A, of San Pietro, Gù (PD), Italy, is simplifying color preparation and improving print quality on its gravure printing line with QuadTech’s new Color Quality Solution, and attracting new business in the process.
    QuadTech’s ‘industry first’ integrated Color Quality Solution relays in-line spectral data gathered by QuadTech's SpectralCam™ to ink formulation software from X-Rite and ink technology from Huber Group to ensure a consistent color measurement standard from the brand owner’s request to last printed image. The system installation was managed by QuadTech’s agent, ColorConsulting, S.r.L, and supported by the QuadTech team from the United States.
    Cartotecnica produces finished and semi-finished flexible packaging and folding cartons primarily for large Italian and European food and beverage brands including Ferrero, Nestlé Italy and Unilever. The company’s vast substrate portfolio – ranging from coated and uncoated paper and board, to aluminum foil and thin PP and PE films – requires different ink sets, discrete color targets and precisely imaged gravure cylinders. Before the installation of the automated system, achieving the standards of accuracy required was time-consuming and expensive.
    The QuadTech Color Measurement System with SpectralCam™ is positioned after the last printing unit on Cartotecnica’s gravure line. Once the press is running SpectralCam™ measures the multiple pre-defined color targets throughout the print run to ensure accurate, repeatable color quality. The system receives the color targets, ink quantities, viscosity, substrate, run length, and other parameters utilizing the QuadTech Color Quality Solution and ICON platform.
    The network-based QuadTech ICON™ platform controls all components from one central station. Job data is automatically saved for recall providing makeready, material and labor savings.
    With Huber Group’s ink technology the company can use just one set of color base inks for varying substrates instead of multiple ink gravure series. The X-Rite Ink Formulation software pin-points customer-defined color targets to form a spectral color curve and then checks existing stocks availability for any matching return ink before formulating an ink recipe. This is highly effective as 80% of print jobs at Cartotecnica are repeat jobs, so stored inks are kept to a minimum.
    Ink formulation is then carried out using the Huber Group color database that doses exact color quantities. New formulations are verified using a strike-off produced on The Phantom QD™ portable table-top proofing system from Harper Corporation and a handheld X-Rite SpectroEye. If the formulation is correct, the ink is produced and production can begin. The industry minimum ink batch is 20kg but at Cartotecnica the minimum ink volume is 40kg, so it is essential to achieve the correct color first time right to minimize waste.
    “Before QuadTech’s Color Quality Solution, the production of gravure inks was manual, labor-intensive and wasteful,” said Francesco Meneghetti, President of Cartotecnica Veneta. “Our vast substrate portfolio has always a challenge as it requires different ink sets, unique color targets and accurately made gravure cylinders. Therefore, excess ink was a frequent occurrence but now ink storage space has now been reduced from two rooms to a fifth of one room.”
    The Color Quality Solution has also secured new business for Cartotecnica just 30 minutes after showing Nestlé Italy representatives a live makeready on its problematic multi-layered substrate for its Buitoni range. That substrate includes plastic film on one side and an aluminum foil on the other, but the Cartotecnica’s QuadTech system achieved accurate repeat prints in minutes.
    “We have also eliminated unpredictable manual intervention. Our operators find the QuadTech solution very easy and so accurate to use that they want to work with the system every day, for every job, Meneghetti said.” Set-up is simple and once the color is on the press it decreases makeready time because the system knows exactly what to expect from any ink, cylinder and substrate combination and can rectify anything within minutes.”
    (QuadTech Corporate Headquarters)
     
    12.02.2014   New Jeti Titan S and HS from Agfa Graphics set a new standard for print quality, flexibility and ...    ( Company news )

    Company news ... productivity

    Building on the success of the Jeti Titan series of UV-curable wide-format printers (recently recognized for its superiority in the IDEAlliance Wide/Grand Format Inkjet System Study), the new Jeti Titan S (speed) and HS (high speed) true flatbed UV-inkjet printers combine exceptional print quality and high productivity at a best-in-industry price point.
    The robust build engines incorporate the latest generation in inkjet print heads (the Ricoh Gen 5 with 1,280 nozzles). The Jeti Titan S is equipped with one row of print heads, yet is field upgradeable to two rows, thus becoming a Jeti Titan HS and doubling the productivity level.

    Industry build. All features included.

    Reflecting market demands, the default set-up for both models is six colors plus white (CMYKLcLmWW). White printing is supported different modes including overprint, under-print, spot, under-spot, fill and over-spot for rigids and pre-white for roll media. The productive white ink solution features an automated recirculation system for optimal reliability. The Jeti Titan S and HS are ideal for higher volume or fast turnaround jobs. They are designed to guarantee the highest accuracy in drop placement. The 7 pico liter droplet size makes it possible to achieve photorealistic image quality with fine text down to 4pt positive and negative. The Jeti Titan S & HS are an unbeatable solution for high-value work like POP viewed at close range or for the high-level art, fashion & cosmetics markets. The Jeti Titan S and HS have a 2x3m true flatbed design for optimum registration and repeatability. Both systems feature a precision moving table, built on a robust steel frame for seven day/three shift endurance, and use the latest generation of print heads and curing technology. Giving even more production flexibility, the 'flat-to-roll' option gives users the ability to print flexible media up to 3.2m wide with the same high quality and resolution as rigid materials. Jeti Titan S and HS, Asanti workflow software and Anuvia UV-curable inks form a matched component system, designed to work together optimally to ensure the highest quality results and maximum productivity for a predictable income.
    (Agfa Graphics NV)
     
    12.02.2014   Pankaboard’s cartonboard grade for paper plates achieves certificate for compostability    ( Company news )

    Company news Picture: PankaPlex is now one of the few cartonboards that is officially certified for compostability. © Pankaboard

    PankaPlex, which is designed and widely used in food service applications, has now been granted the demanding compostability certificate for the substances between 190 and 240 gsm. The tests were conducted and successfully approved by the third party ISEGA Laboratory according to the European norm EN 13432 (“Packaging, Requirements for Packaging recoverable through composting and biodegradation”). The norm defines the test program, conditions and the assessment criteria, which the compostable packaging has to meet.

    The test results prove that the specific PankaPlex products disintegrate and biodegrade in the defined and strict time limit. In addition, the material fullfills all the requirements in terms of chemical composition, including low limits of heavy metals, to avoid any harm for the environment. Hence, there is no negative impact on the quality of the final compost and the product can safely be recycled through composting.

    ”We are pleased that our PankaPlex-product passed these tests and achieved the certificate. For the user of paper plates this means that plates produced from PankaPlex can easily and safely be recycled through composting together with organic solid waste. This is one more example of Pankaboard’s commitment to develop its products continuously to achieve better product safety, environmental efficiency and sustainability. “Mr Christer Nordman, Pankaboard Vice-President Sales and Marketing says.
    (Pankaboard Oy)
     
    12.02.2014   Asia Pulp & Paper calls on NGOs, governments and businesses to collaborate to protect ...    ( Company news )

    Company news ... Indonesia’s forests

    Company celebrates one year of its Forest Conservation Policy, setting out challenges to be tackled

    Asia Pulp & Paper Group (APP) launched its Forest Conservation Policy (FCP) Anniversary Report with a call for NGOs, Governments and businesses to work together in an effort to help tackle deforestation in Indonesia.

    On February 5th 2013, APP announced a permanent end to natural forest clearance across its entire supply chain through the introduction of its FCP. Covering over 2.6 million hectares of forest concessions, APP’s FCP represented a breakthrough moment for the global protection of natural forest. The commitment is the largest and most ambitious plan for the implementation of landscape level High Conservation Value (HCV) and High Carbon Stock (HCS) principles in the world.

    As HCV and HCS assessments are nearing completion, APP has begun the process of translating its findings into the Integrated Sustainable Forest Management Plans (ISFMPs), which will set out how the concessions will be run and preserved.

    However, in developing these plans, the company has concluded that success in the long term will require commitment from many more of Indonesia’s forestry stakeholders.

    Aida Greenbury, APP’s managing director of sustainability and stakeholder engagement, said: “We are creating management plans to ensure the viability of the 2.6 million hectares that our suppliers are responsible for. However, unless all of Indonesia’s land is properly managed too, then the forest landscape will continue to be at risk from further degradation.

    “In 2014, we will finalise the largest integrated biodiversity and conservation assessments that have ever been conducted. From these assessments, we have discovered many opportunities and obstacles that we know cannot be realised or resolved by a single company.

    “It is time for all parties to get active and start working together. The days of campaigning against businesses that have shown commitment to change the way they operate, as we have, should be brought to a conclusion. Now is the time to focus on the future and to develop solutions to the complex issues associated with forestry in Indonesia and to promote responsible practise.”

    Scott Poynton, executive director of The Forest Trust, a non-profit organisation that is helping APP ensure its policy is translated into actual change on the ground, said: “One year in and we have a moratorium on forest clearance in all its suppliers that has proven to be effective. HCV and HCS forest assessments are being completed, a number of social conflicts are now solved, and there is real transparency in reporting progress against its policy.

    “We understand that complete trust isn’t built in a day and not even in a single year, but the company is listening to concerns and is ready to continue to implement and improve its FCP implementation. APP is 100 per cent committed to zero deforestation."

    As part of its one year anniversary, APP has set out the four key priorities for 2014 that must be addressed by broader industry to bring about zero deforestation. These are:

    - Overlapping licenses – The issue of overlapping licenses needs to be resolved by all concerned parties if we are to develop a system for governing all concession holders in Indonesia.

    - Community and land conflict issues – At times when the needs of communities are at odds with no-deforestation policies, an agreed and consistent way of managing the negotiation process should be developed.

    - Landscape management – Landscape level conservation is vital to the preservation of peatland, the habitat of key species and protection against forest fires, all of which can span several concession areas of differing uses. A cross sector approach must therefore be developed to manage entire landscapes to ensure their long term viability.

    - Market recognition – Policies that protect forests and peatland can only be economically viable if there is market recognition of their value. It is therefore important for the market to encourage companies to introduce and implement them.
    (APP Asia Pulp & Paper Company Ltd)
     
    12.02.2014   The Board of Directors of Metsä Board Corporation has resolved on an incentive plan for ...    ( Company news )

    Company news ... key executives

    Picture: Kari Jordan, Chairman of the Board of Directors

    The Board of Directors of Metsä Board Corporation has resolved to continue the share-based incentive plan established in 2011 that is directed to Metsä Board Corporation’s key executives. The aim of the plan is to combine the objectives of the shareholders and the executives in order to increase the value of Metsä Board, to commit the executives to implement the mutual strategy, and to offer them a competitive reward plan based on share ownership.

    The plan includes three new three-year earning periods, calendar years 2014–2016, 2015–2017 and 2016–2018. The Board of Directors will decide on the earnings criteria and related targets at the beginning of each earnings period. The potential reward for the earnings period 2014–2016 will be partly based on Metsä Board Group's Equity Ratio and the development of Return on Capital Employed (ROCE) and Operating result (EBIT) and partly based on Metsä Group’s corresponding indicators, all as determined by the Board of Directors. Each earnings period is followed by subsequent two-year restriction period during which the participant is not entitled to transfer or dispose of the shares.

    The potential reward from the earning period 2014–2016 will in 2017 be paid partly in Metsä Board Corporation series B shares and partly in cash. The proportion to be paid in cash will cover taxes and other statutory costs arising from the reward.

    At the beginning the first earnings period of the plan covers 8 persons including the members of the Metsä Board Corporate Management Board. The maximum reward to be paid for the first earnings period is in aggregate approximately 430,000 Metsä Board Corporation B-series shares.
    Further information:
    Kari Jordan, Chairman of the Board of Directors, tel. +358 10 465 5200
    (Metsä Board Corporation)
     
    12.02.2014   Papermaking towards the future - Innventia Global Outlook     ( Company news )

    Company news “Papermaking towards the future” is the name of our work for our next report in the series ”Innventia Global Outlook”, investigating the future of global papermaking.

    What changes can be observed and are currently taking place? What are the challenges at present, and how will they manifest themselves going forward? In which areas is the outlook most promising and how are we going to get there?

    Our aim in this project is to construct a picture of possible future scenarios and their consequences, at the same time as ascertaining how the industry can prepare for the future. We will use the same concept as we did for "Packaging 2020 - Innventia Global Outlook" and we will be collaborating with Kairos Future in this project too.

    The idea is to create a map of the future for paper manufacturing through conducting investigations, interviews and analyses of papermaking internally at Innventia, but above all with our customers and collaborative partners.

    The report will be released 17 March and it will be an important part of our external communication when we initiate new research and development projects.

    The project is led by Paul Krochak, who has been working on papermaking at Innventia since 2010. The project team also includes Karin Athley, Tatjana Karpenja, Marco Lucisano, Eva Ekroth and Sofie Nordin, Innventia and Mats Lindgren and Magnus Kempe, Kairos Future.
    (Innventia AB)
     
    11.02.2014   INTEC USA CONTINUE TO DRIVE THE BUSINESS FORWARD    ( Company news )

    Company news Picture: Testing out the Fiery® RIP: Earl and Anthony from ISC

    Intec Corp USA continue to add to our network of global partners with the addition of Millennium Mailing Equipment Inc. to the Intec family.
    With over 24 years experience in the addressing and mailing Equipment industry MME take great pride in providing quality Service and products to their customers.
    Based in Rhode Island MME will be promoting and selling Intec printing solutions in the Boston area of the US.
    The addition of the Intec range of printing solutions is sure to be mutually beneficial and we look forward to working with our new partners.
    (Intec Printing Solutions Corporation)
     
    11.02.2014   Valmet has received an order from OKI Pulp & Paper Mills for supplying key pulp mill technology     ( Company news )

    Company news ... to Indonesia

    Valmet has signed a contract with OKI Pulp & Paper Mills of supplying key technology for a pulp mill project in South Sumatra, Indonesia. Valmet supplies a part of pulp mill equipment and systems with a value of approximately EUR 340 million. The order is included in Valmet's first quarter 2014 orders received.

    Commercial production expected to begin in 2016
    The new mill is expected to produce approximately 2 million ADT (air dry tonne) of pulp annually. The commercial production is expected to begin in 2016. Valmet's delivery includes the following parts of the pulp mill: two biomass gasifiers, two biomass boilers, an evaporation system, two lime kilns and two pulp dryers.

    A leading supplier of key pulp mill technology
    "This a good start for the new Valmet and for year 2014", says Pasi Laine, CEO and President of Valmet Corporation. "Valmet is a leading supplier of key pulp mill technology. This order is unique by the scale of the parts to be supplied. The evaporation system and pulp dryers to be supplied will be the largest in the world."
    "In Asia Pacific area we have a good market share which is further strengthened by this project.
    Local presence is essential and we have a strong supplier network close to customer. We will also set up a local project organization which is supported by business teams located in Finland and Sweden", says Hannu T. Pietilä, Area President, Asia Pacific.
    (Valmet Corporation)
     
    11.02.2014   Heidelberg profitability up significantly after nine months –earnings target confirmed    ( Company news )

    Company news -Operating result (EBITDA) excluding special items after nine months increased from € 4 million to € 67 million - EBIT positive at € 10 million (previous year: € -58 million)
    -Sales below previous year at around € 1.7 billion - negative impact of strong euro
    -Free cash flow after nine months including restructuring expenses almost balanced out at € -10 million
    -Financial framework successfully extended to 2017/2018
    -Outlook: Net profit remains target for financial year 2013/2014

    After nine months of financial year 2013/2014 (April 1 to December 31, 2013), Heidelberger Druckmaschinen AG (Heidelberg) remains on track with regard to earnings trend and profitability. After three quarters, the operating result is up significantly on the previous year. In the third quarter (October 1 to December 31, 2013), EBITDA remained at the previous year's level despite the marked drop in sales. As a result, the company is on track to achieve its targets for the current financial year.
    "After nine months, Heidelberg has made significant progress regarding profitability," said Heidelberg CEO Gerold Linzbach. "As we expect our sales to pick up and the result to increase in the final quarter, we remain confident that we will meet our target of achieving a net profit."
    Group sales after nine months for the period under review stood at € 1.685 billion (previous year: € 1.905 billion). Negative exchange rate movements accounted for around a third of this drop. This also led to restrained investment activity in new machinery sales among customers in Asia/Pacific and South America, particularly Brazil, which were the regions hit hardest by these developments. Furthermore, Heidelberg continued to scale back its involvement in low-margin areas of business. In contrast, the North America region - particularly the United States - showed a revival in demand.

    Results up again on the same period of the previous year
    After the first nine months of financial year 2013/2014, the operating break-even point was exceeded despite falling sales. As a result of sustained savings from the Focus efficiency program and measures to increase profit contributions, all KPIs (Key Performance Indicators) affecting the results were up again on the same period of the previous year. After three quarters, EBITDA excluding special items increased from € 4 million in the previous year to € 67 million. The EBITDA margin thus reached a value of 4 percent. The result of operating activities (EBIT) excluding special items after nine months climbed from € -58 million to € 10 million. This is the first time this financial year that Heidelberg has achieved a positive cumulative EBIT result.
    In the period under review, the financial result after three quarters was € -41 million (previous year: € -36 million). The previous year included positive one-time effects from interest on tax refunds. After the first nine months of the current financial year, the pre-tax result improved from € -118 million in the previous year to € -32 million. Consequently, the cumulative net result for the first nine months of financial year 2013/2014 improved to € -40 million after € -94 million in the previous year.
    At € 588 million, the Heidelberg Group's order backlog at December 31, 2013 remained stable compared to the previous quarter (€ 598 million).

    Sound financing structure - free cash flow almost balanced
    After the first nine months of financial year 2013/2014, the free cash flow including restructuring expenses (€ -57 million) was almost balanced at around € -10 million. Free cash flow improved significantly on the previous year (€ -87 million) due to the increased result of operating activities and the funds released by the company's asset and net working capital management.
    Net financial debt fell year-on-year to € 271 million (previous year: € 325 million). Despite further payments for Focus, debt at December 31, 2013 was maintained at the low level of March 31, 2013 (€ 261 million).

    Financial framework successfully extended to 2017/2018
    At the start of December, Heidelberg further improved its financing structure as regards its maturities by extending its syndicated credit line and increasing its bond by € 51 million. The financial framework essentially comprises the syndicated credit line which currently stands at € 340 million and a € 60 million convertible bond (both due to mature by mid-2017) and a bond for € 355 million that matures in April 2018. Thus, Heidelberg has arranged an adequate financial framework for its business development and offers a diversified financing structure.
    "By successfully refinancing our credit line, we have made further significant progress in optimizing our financing structure. We have extended the terms of our key financing pillars to 2017 and 2018," said Heidelberg CFO Dirk Kaliebe. "Thanks to our asset and net working capital management, the company's net financial debt remains at a low level. In the medium term, we intend to reduce our debt even further."
    At December 31, 2013, the Heidelberg Group had a workforce of 12,851, excluding 621 trainees (previous year: 13,901, excluding 662 trainees).

    Outlook: Net profit remains target for financial year 2013/2014
    The outlook for the 2013/2014 financial year and the aim of generating a consolidated net profit remain unchanged. In past quarters, Heidelberg has increasingly geared its strategy towards improving profitability. The key figures for the first three quarters of the 2013/2014 financial year show that the company is making good progress in this. To remain prepared for volatility in individual markets and business areas in the future, the operating break-even point needs to be lowered further. Heidelberg is therefore using all available tools to make working hours more flexible in addition to the measures forming part of the Focus efficiency program. Furthermore, the company will push for continued improvement in product-specific profit contributions to clearly improve the result of operating activities excluding special items and achieve a significantly higher annual figure than in the previous year.
    In light of persistent adverse exchange rate developments against the euro, the resultant reluctance to invest in some markets and the scaling back of low margin business, the company expects sales volumes for the year as a whole to be around 10 percent lower than in the previous year. Additional extraordinary expenses will arise in the current financial year in connection with Focus. The financial result will improve compared with the prior-year figure, which was reported in accordance with IAS 19 (2004). Given the measures initiated and in light of the positive trend already seen in the first three quarters, Heidelberg continues to strive for a consolidated net profit in the 2013/2014 financial year.
    (Heidelberger Druckmaschinen AG)
     
    11.02.2014   Steve Binnie appointed as Chief Executive Officer ("CEO") effective 01 July 2014    ( Company news )

    Company news The board of directors (“the board”) of Sappi Limited is pleased to have announced today that Steve Binnie, currently the Chief Financial Officer “CFO” of the company, will succeed Ralph Boëttger as CEO on 01 July 2014.
    Steve Binnie (46) joined Sappi on 09 July 2012 as CFO-designate and became CFO and joined the Sappi Limited Board on 01 September 2012. Prior to joining Sappi Steve had been the CFO of Edcon (Pty) Ltd since 2002. Prior to joining Edcon he was Group Financial Manager at Investec Bank Limited and held senior management positions at Transunion ITC and New Zealand Milk Products (SA). He is a Chartered Account and holds an MBA from Heriot-Watt University, Edinburgh, Scotland.
    Dr Danie Cronjé, Chairman of the board of Sappi Limited, said: “I would like to congratulate Steve on his appointment. The board believes that Steve has all the necessary skills and attributes to take Sappi forward and to deliver strong growth into the future.
    “It is anticipated that a successor for the role of CFO will be announced before the end of June 2014.”
    (Sappi Limited)
     
    11.02.2014   Bushfire Impacts Maryvale Mill    ( Company news )

    Company news Australian Paper’s Maryvale Mill in the Latrobe Valley was impacted by nearby bushfires from Morwell on February 9.
    Embers travelled inside the mill grounds which resulted in fire.
    The Country Fire Authority (CFA) attended overnight and the fire is
    contained.
    There have been no injuries to our employees.
    Some damage was caused to infrastructure and will need repairing. Operations have been shut down but will progressively come back on line.
    Damage to raw materials and equipment is progressively being assessed.
    We are very grateful for the efforts of our employees, emergency teams,
    CFA and personnel that are working to assist us in these difficult circumstances.
    (Australian Paper)
     
    11.02.2014   Launch of Saudi Big Packaging Show receives a massive international response    ( Company news )

    Company news Saudi Arabia is nowadays driving the world’s pack and print markets, as it positioned itself as the largest business platform to do business in the packaging, printing and converting industry, gaining 70% of the market share in the GCC region.

    To meet such massive needs, we decided to launch one of our giants THE BIG PACKAGING SHOW in Dammam KSA from 9-12 November 2014. We finally offer a tailor-made platform for packaging, printing and converting industries. The exhibition is designed to give raw material manufacturers as well as machinery and service suppliers a unique opportunity to present their latest products and developments.

    The Kingdom of Saudi Arabia’s packaging industry has achieved an annual growth of 15 percent; the demand for safe and sustainable packaging solutions is also on the rise parallel to food packaging requirements at a time when food consumption is expected to grow at an annual rate of 4.6 percent between 2011 and 2015 to eventually reach 51.1 million tons. The Kingdom alone commands a large 70 percent share of the total GCC packaging market.

    The consumption level of plastics in the GCC has increased dramatically from 19 kg per capita in 2000 to 39 kg per capita in 2012 and should reach the kind of levels seen in developed markets by 2020 according to one of the world's leading petrochemical suppliers in the region.

    BIG PACKAGING SHOW will be co-located with the 3rd Gulf Mach 2014, the leading trade exhibition for the International Exhibition for Machine Tool and Manufacturing Technology. Both exhibitions can be accessed via entrance Dhahran exhibitions Centre.

    We have decided to organize BPS at the same time and place as GULF MACH, as we expect that there will be a strong synergy effect with regards to the visitors. While both shows have their individual core audience, there will be a large number of visitors who will be interested in both shows.

    For companies interested in exhibiting at BPS 2014, an exhibitor brochure is now available including useful information about the exhibition, the venue and how to book stand space. As an introductory offer, there is an early-bird discount of 10% on stand space for exhibitors who book before the end of February.

    Avoid disappointment; BOOK NOW to secure your stand today!

    Arabian German Exhibitions Ltd Sales team
    Tel: (00202) 226 29 682 Fax: (00202) 2261 9545
    Mobile: (002) 0100 906 9609; E-mail: bps@arabiangerman.com
    (AGEX - Arabian German Exhibitions and Publishing Ltd, Nasr City, Cairo)
     
    10.02.2014   Norske Skog: Brighter prospects and better margins    ( Company news )

    Company news Large capacity cuts in the industry have led to improved market balance for newsprint and uncoated (SC) magazine paper. The market for coated (LWC) magazine paper is still challenging. Capacity utilisation in the fourth quarter remained high at around 90%. A weakening of the Norwegian krone improved operating margins, particularly for the Norwegian units, but at the same time this increased long-term debt, which is mostly in EUR and USD.

    - We have performed in line with what we have communicated to the market in 2013. Fixed costs are greatly reduced, lower capacity in the market has improved margins, investments and variable costs were as expected, and reduced working capital in addition to the best health, environment and safety performance in the company's history show that we are on the right track, says Sven Ombudstvedt, President and CEO of Norske Skog.

    Norske Skog's gross operating earnings (EBITDA) in the fourth quarter of 2013 were NOK 298 million, up from 176 million in the third quarter. The increase was due positive currency effects caused by a weaker NOK, lower costs and higher sales volumes. Gross operating earnings for the full year 2013 were NOK 862 million, a reduction of NOK 623 million compared to 2012, mainly due to weaker margins and lower production capacity following the divestments of Pisa and Singburi.
    Profit/loss before special items amounted to NOK -599 million in 2013, compared to NOK 432 million in 2012. The net loss of NOK 1.8 billion for 2013 was significantly impacted by negative changes (with no cash impact) in the value of energy contracts and restructuring expenses, amounting to NOK 1.2 billion in total.
    Net interest-bearing debt increased by NOK 800 million from 2012 to 2013, from NOK 6.0 billion to NOK 6.8 billion, mainly as a result of a weaker NOK. Cash flow from operating activities before net financial items was NOK 497 million in the fourth quarter.

    - The market remains challenging, but we will continue our efforts to improve the group's competitiveness and financial flexibility. Permanent capacity cuts in Europe of 1.5 million tonnes were completed in 2013 and announced cuts of 0.5 million tonnes will be completed in 2014 in our product segments. This constitutes a significant part of the European production capacity and has improved market balance. We therefore see higher prices and expect better margins for 2014, says Sven Ombudstvedt, President and CEO of Norske Skog.

    Market and segments
    Prices for our products remained relatively stable in the second half of 2013.

    -Newsprint Europe
    Demand for newsprint in Europe fell by 6% in 2013 compared with 2012. However, there was an increase of 4% in the demand for improved grades. Gross operating margin was positively impacted by higher selling prices and a stronger NOK in 2013.

    -Newsprint outside Europe
    Demand for newsprint in Australasia was weak, with a decline of 17% in 2013 compared with 2012. Demand for coated magazine paper in Australasia increased by 5%.

    -Magazine paper
    A weaker NOK had a positive impact on Norwegian exports. Demand for magazine paper in Europe fell by 6% in 2013 compared with 2013. There was a decline of 4% for SC paper, compared to a decline of 7% for LWC.

    -Active capacity management
    Norske Skog ceased production at one of the machines at Norske Skog Walsum in 2013. Norske Skog also sold the mills at Pisa in Brazil and Singburi in Thailand in 2013. As a result of these restructuring activities, the total annual production capacity decreased from 3.7 to 3.0 million tonnes (19%).

    Capacity utilisation for the group in the fourth quarter was 89% compared with 90% in the third quarter, as a result of active capacity management. Capacity utilisation for 2013 was 88% (88% for 2012).

    - Even though our product portfolio was reduced by two mills and a machine at Walsum in 2013, we have achieved profitability improvements through better use of input factors, reduced working capital and fixed costs. We have implemented an active capacity management to counteract the effects of a market imbalance, says Sven Ombudstvedt, President and CEO of Norske Skog.

    Outlook for 2014
    Sales prices in Europe have increased into 2014 as a result of improved market balance for both newsprint and SC magazine paper. The current exchange rate level has a positive impact on revenue.
    The conversion of one newsprint machine to coated magazine paper at Boyer in Australia will contribute to increased domestic sales from the second quarter. Production in Australasia will be low in the first quarter due to the machine conversion at Boyer.
    Variable costs for the group are expected to remain relatively stable when measured in local currencies. Fixed costs will decline following the machine closure at Walsum and ongoing cost reduction programmes.
    (Norske Skogindustrier ASA)
     
    10.02.2014   Cartacrusca: Barilla paper straight from nature - Favini and Barilla create a high-quality paper...    ( Company news )

    Company news ... with a reduced environmental impact

    Brought together by a keen sense of social and environmental responsibility, Favini, the innovative Italian paper manufacturer, and Barilla, one of Italy’s largest players in the food industry, have created Cartacrusca (Italian for ‘paper from bran’), the first paper to be made from bran residues that can no longer be used for human consumption. On the back of its experience with Crush, the unique range of ecological papers made from agro-industrial waste, Favini proved an ideal partner for Barilla, which has been looking for ways to make better use of its byproducts, and bran in particular.
    The research and development teams of both Barilla and Favini worked side by side to select the most suitable byproduct and to then purify and mill the bran to make it work with paper fibre. The result is Cartacrusca. Instead of being wasted, the bran residues are given a new life as paper throughout Barilla.
    Cartacrusca contains 17% of bran residues, replacing cellulose and filler materials to produce high-quality paper which is used for all corporate communications. The colour of Cartacrusca Barilla is taken from the bran which also feature as dots throughout the paper, giving it a really authentic feel. 2 grammages have been supplied - 250g, which is ideal for cards book covers, shopping bags and similar applications; and 100g for notebooks papers, letterhead and print publications.
    Giacomo Canali, Packaging Research Manager for Barilla, said, “Barilla has written a new chapter of the Group’s history: the creation of Cartacrusca, a one-of-a-kind paper in that it features the use of bran, a byproduct of the milling of wheat. We have set out into uncharted waters, driven by a keen sense of social and environmental responsibility that we have always felt. Favini proved to be the ideal partner, able to create a custom-designed paper straight from nature, no waste or excess consumption. Cartacrusca was presented and used on October 15th for the panel of Barilla stakeholders, and we are planning on using it again for future projects.”
    Michele Posocco, Brand Manager for Favini, said, “We are proud to have worked with Italy’s number-one food manufacturer and to have given life to a new sort of paper with an extremely low environmental impact. Our experience, which has already been demonstrated with Crush and the use of agro-industrial waste, has now broadened thanks to Cartacrusca Barilla.”
    (Favini Srl)
     
    10.02.2014   Ahlstrom to modify its Executive Management Team    ( Company news )

    Company news Picture: Rami Raulas, Executive Vice President, Sales region, Europe, Middle East and India

    Ahlstrom, a global high performance fiber-based materials company, will refine its management structure to accelerate the targeted profitability improvement and rapid implementation of the rightsizing program.
    The company's operating model, with five business areas and common processes, will remain unchanged.
    Ahlstrom aims to achieve sales growth through winning new business and speeding up the commercialization of new products. To achieve this, changes in sales management will be implemented to enable a stronger execution power in the regional sales organization and better collaboration between the business areas and regional sales.
    Regional sales organizations will be strengthened. In the new set-up, the Executive Vice Presidents of sales regions will report directly to the President & CEO and will be members of the Executive Management Team. The position of EVP, Sales & Marketing, will be discontinued and the position eliminated from the Executive Management Team.

    The following appointments to the Executive Management Team are made:
    -Rami Raulas, b. 1961, currently Executive Vice President, Sales & Marketing, is appointed Executive Vice President, Sales region, Europe, Middle East and India. He joined Ahlstrom and the EMT in 2009.

    -William Casey, b. 1959, B.Sc. (Chem. Eng.), MBA, currently Vice President, Sales, Americas, is appointed Executive Vice President, Sales region, Americas. He joined the company in 2010.

    -Jari Koikkalainen, b. 1965, will assume responsibility for leading sales in Asia in addition to his current responsibilities as EVP, Transportation Filtration. He is appointed Executive Vice President, Transportation Filtration and Sales region, Asia. He joined the company and the EMT in 2013.

    -Arnaud Marquis, b. 1971, M.Sc. (Eng.), MBA, is appointed Executive Vice President, Building and Energy. He joined Ahlstrom in 1995 and currently works as Vice President, Marketing and Commercial, in the Building and Energy business area. He will succeed Laura Raitio, who resigned on January 21, 2014. Raitio will continue to work on special assignments at Ahlstrom, reporting to Jan Lång, until the end of July. She will step down from the EMT.

    The appointments will be effective as of February 10, 2014.
    (Ahlstrom Corporation)
     
    10.02.2014   marks-3zet upgrades plate production without missing a beat    ( Company news )

    Company news On-demand plates installed in record time at Le Figaro (Paris)

    In December 2013, marks-3zet upgraded the plate production lines at L’Imprimerie , a member of the Riccobono Group, without impeding production. This upgrade will enable the contract printer, based in Tremblay-en-France on the outskirts of Paris, to maintain its locational advantage with waterless offset printing.
    At the northernmost production site of Riccobono Imprimeurs, the largest newspaper printing group in France, newspapers are produced in both full Berliner and half Berliner format. Some examples include the daily “Le Figaro” and the business magazine “Les Echos” from the Le Monde Group, as well as other periodicals. This is all done in high-quality waterless coldset production.
    For the triple-wide KBA Cortina, with its ten four-high towers, ever shorter periods between editorial deadlines and the start of production placed growing demands on prepress performance in recent months. The three platemaking lines in the printing company were already equipped with fully automated sorting facilities. However, with a total throughput of 260 centre spread plates per hour, the plate exposure units were no longer able to handle the current production volume.
    The company finally decided to replace its two slowest systems with the latest generation of exposure units – without missing a beat in production, of course. This was the task that CEO Wilfried Souchet and CTO Gilles Déchamps had in mind when they contacted the project team, which had already made a name for itself with similar projects before marks-3zet acquired the business unit from Illies Graphik. Riccobono’s top management also wanted to benefit from the proven solutions of marks-3zet, a turnkey contractor based in Mülheim, Germany.

    Installation with minimum impact on ongoing operations
    Last December, two KODAK GENERATION NEWS Platesetters and two marks-3zet MWP 863 plate processors – both the fastest in their class – arrived at the customer’s site.
    marks-3zet took care of the spatial and logistics planning as well as an interim installation of the updated lines at a nearby location. Each of the lines were exchanged on separate days before lunchtime. After being replaced, the lines could be ramped back up to full production in the same afternoon.
    The result: the new plate lines now permit a throughput of 375 double plates per hour. With the use of the plate logistics system from NELA, including NELA PlateFlow software, printing plates are also produced precisely on demand for the KBA Cortina.

    Plates on demand
    With these changes, marks-3zet once again implemented its proven plate logistics concept in Tremblay and got it ready for inspection within just a few weeks. Interfaces to the page workflow and tracking system have also been integrated, along with a status communication function for all plate production components.
    “Efficient production and cascaded job handling for ideal availability have been seamlessly integrated in our daily job processes on the KBA Cortina. Thanks to marks-3zet’s expertise as a general contractor, this prepress project has been a complete success at our location as well,” Gilles Déchamps, technical director at L’Imprimerie, says in summary.
    (Ernst Marks GmbH & Co. KG)
     
    10.02.2014   Lecta Presents Cartiere del Garda’s New Book “Touch”    ( Company news )

    Company news From the time of our birth and the discovery of the surface of our hands and skin, to liquid design and the finest touchscreen Technology

    Cartiere del Garda, part of the Lecta Group, launches Touch, the seventh edition of ‘A better project’, an initiative in which the company explores a different and exciting topic every year. This year’s book tackles the very current theme of ‘touch’. The book is a reflection on the importance of touch and of how it has evolved during the course of history, from ancient times up to our days. Starting with our hands, which are our first and most important receptors, and extending to the whole body and organism, this sense – often given secondary importance after sight and hearing – is described in four chapters. The book ends with a reflection on the tactile dimension of eBooks, comparing them with the beauty and charm which paper is able to convey.

    Touch is a 20x26cm paperback book containing 104 pages. Each of the four chapters is printed on one of the coated matt papers from Cartiere del Garda’s ‘Excellent Collection’ (GardaMatt Art, GardaPat 13 KLASSICA, GardaPat 13 KIARA and the new GardaPat 13 BIANKA), giving readers an opportunity to experience the excellence of our product lines first-hand.

    The editorial project is accompanied by a responsive design website where one can preview and leaf through the book as well as order it.

    With Touch, Lecta shows once again how the uniqueness of high quality paper, combined with exceptional content can convey emotions through a unique sensory and intellectual experience.
    (Lecta Group)
     
    10.02.2014   E.C.H. Will’s Asian Sales Office renamed Papersystems Asia    ( Company news )

    Company news The Asian Sales Office of E.C.H. Will, Pemco and Kugler-Womako has been renamed Papersystems Asia. The office located in Jakarta, Indonesia, and previously known as KPL FarEast, is the representative office for all products and services of E.C.H. Will, Pemco (including its SHM and Wrapmatic brands) and Kugler-Womako in South East Asia and China.

    This change of name illustrates and underlines the affiliation of the joint regional Sales Office Papersystems Asia to the companies in the Papersystems Group.

    All other contact details of the Sales Office remain unchanged - except for the email address domain. As of January 12, 2014, Papersystems Asia has changed its email addresses to the new email domain "@papersystems-asia.com" (e.g. office@papersystems-asia.com). Emails sent to all old email addresses will be forwarded automatically to the new address.
    (E. C. H. Will GmbH)
     
    07.02.2014   Propapier improves process performance with Savcor's Wedge    ( Company news )

    Company news German board manufacturer Propapier has purchased Savcor Wedge Process Diagnostics System. The system was delivered in the fall 2013. Customer is very happy with the initial positive results gained.

    Propapier PM2 GmbH, is a subsidiary of the Progroup AG and the factory is situated in Eisenhüttenstadt, Germany. The mill produces corrugated base paper from 100% recycled paper.
    (Savcor Forest Oy)
     
    07.02.2014   Stora Enso divests its shareholding in Thiele Kaolin     ( Company news )

    Company news Stora Enso has signed an agreement to sell its 40.24% shareholding in the US-based processed kaolin clay producer Thiele Kaolin Company to Thiele Kaolin Company for USD 76 (EUR 56) million. Stora Enso will record a capital gain of EUR 37 million as a non-recurring item in its first quarter 2014 results. The consideration was paid fully in cash when the agreement was signed and is subject to final adjustments by the end of March 2014. The divestment will decrease the operational EBIT of the segment Other by approximately EUR 7 million annually.
    The transaction was signed and finalised on 4 February 2014. Following the transaction, Stora Enso is no longer a shareholder of Thiele Kaolin Company.
    Stora Enso’s shareholding in Thiele Kaolin was part of its North American operations but not included in the divestments in 2007. Thiele Kaolin’s divestment is part of Stora Enso’s programme of selling non-core assets and in accordance with its strategic transformation to a value-creating renewable materials company focusing on growth markets.
    (Stora Enso Oyj)
     
    07.02.2014   UPM reports solid Q4 results with decreased costs and improved efficiency    ( Company news )

    Company news Q4 Operating profit excluding special items was EUR 207 million (EUR 146 million Q4 2012)

    Picture: Jussi Pesonen, President and CEO

    Q4/2013 (compared with Q4/2012)
    • Earnings per share excluding special items were EUR 0.27 (0.20), and reported EUR 0.06 (-2.83)
    • Operating profit excluding special items was EUR 207 million, 8.0% of sales (146 million, 5.5% of sales)
    • EBITDA was EUR 302 million, 11.7% of sales (317 million, 11.9% of sales)
    • 48% of the targeted annualised EUR 200 million cost savings achieved in Q4/2013
    • Operating cash flow was EUR 262 million, net debt decreased to EUR 3,040 million

    Full year 2013 (compared with 2012)
    • Earnings per share excluding special items were EUR 0.91 (0.74), and reported EUR 0.63 (-2.14)
    • Operating profit excluding special items was EUR 683 million, 6.8% of sales (556 million, 5.3% of sales)
    • EBITDA was EUR 1,155 million, 11.5% of sales (1,312 million, 12.5% of sales)
    UPM introduced a new business structure and is implementing a profit improvement programme and focused growth initiatives
    • Board’s proposal for dividend per share EUR 0.60 (0.60)

    Jussi Pesonen, President and CEO comments on the result:
    “The last quarter of 2013 was a satisfactory conclusion to a year which started off with a brisk headwind. In Q4 we achieved our best quarterly business performance in 2013. Part of this was due to seasonal factors, but a significant part comes from the wide range of improvement efforts we made throughout the year. Operating profit excluding special items was EUR 207 million (146 million). Due to strong operating cash flow we were able to reduce our net debt by EUR 261 million during Q4.
    We are very pleased that UPM Biorefining, UPM Plywood and UPM Paper ENA (Europe and North America) were able to achieve a significant improvement in their financial performance with proactive internal measures.
    Many pulp mills in the Biorefining business area were able to break their production records last year which boosted our pulp volumes. The granted permission to increase pulp production in Uruguay also positively impacted the result of the final quarter in 2013.
    Plywood performance has improved consistently, and in Q4 achieved its best quarter since 2008. In Plywood, both the sales strategy as well as the production efficiency have been revised with excellent results.
    In Paper ENA decreasing volumes and prices as well as unfavorable currencies were sources of serious headwind throughout the year and called for strong improvement actions. We responded with heavy cost savings both in the business and in the supporting functions. In Q4 Paper ENA managed to restore its profitability to the level of the previous year. It is fair to say that at the end of the year the business has a significantly more competitive cost structure than in early 2013.
    UPM Energy suffered from mild weather and lower hydropower volumes in Q4 but was nevertheless able to maintain unchanged average electricity prices. In UPM Raflatac the sales development was positive, particularly in the growth markets. Despite challenging currency development in Asia, the performance of UPM Paper Asia was satisfactory.
    We made good progress with our Biofore strategy in 2013. A key milestone was the implementation of the new business structure in November. The new organisation has started off well and we expect the new structure to sharpen our operational focus further in each business.
    Simultaneously with the new structure we announced a short term profitability improvement programme targeting EUR 200 million cost savings by the end of 2014. Implementation of the programme has proceeded fast and in Q4 we had achieved 48% of the targeted savings.
    I’m proud of the change readiness that UPM’ers have shown in the face of these changes. This gives us confidence in proceeding further with our profitability and growth initiatives. Over the coming three years, we have set ourselves clear targets for our growth initiatives in biofuels, woodfree speciality papers in China, label materials and pulp production. In parallel with this process we also seek to simplify our business portfolio. Our goal is to enhance the value of UPM businesses, ” says Jussi Pesonen.

    Outlook for 2014
    Growth in the European economy is expected to remain low in 2014, but improve from last year. Growth in the US and in the developing economies is expected to continue to outperform Europe.
    This environment is expected to be supportive for the global pulp and label materials demand, as well as paper demand in Asia. The slight improvement in the European economy may moderate the negative demand development seen in the European graphic paper market in the past two years and stimulate European demand for wood products. The current hydrological situation in Finland is close to the long-term average level, and the forward electricity prices in Finland for H1 2014 are somewhat lower than the realised market prices in H1 2013.
    UPM’s business outlook for H1 2014 is broadly stable.
    In H1 2014, UPM’s performance is expected to be underpinned by a stable overall outlook for UPM Energy, UPM Raflatac, UPM Paper Asia and UPM Plywood, as compared to H2 2013.
    Profitability in UPM Paper ENA is expected to improve due to the on-going cost reduction measures. In H1 2014 compared to H2 2013 however, performance will be negatively impacted by lower delivery volumes, including seasonal factors.
    UPM Biorefining is starting the year in a stable market. Capacity additions in the global pulp market may impact the pulp market balance unfavourably during 2014, depending on the timing of the new start-ups.
    (UPM)
     
    07.02.2014   JPMorgan Chase Co's holding in UPM has exceeded the threshold of 5 percent    ( Company news )

    Company news UPM-Kymmene Corporation has on 6 November 2013 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which JPMorgan Chase & Co.’s indirect holding in UPM has exceeded the threshold of 5 per cent on 5 November 2013.
    According to the announcement, the indirect holding of JPMorgan Chase & Co. in UPM is 26,550,599 shares, corresponding to 5.02 per cent of UPM's shares and voting rights. UPM’s registered total number of shares and voting rights amounting to 528,704,962 shares has been used in the calculation of percentages for the announcement.

    The chain of the aforementioned controlled undertakings of JPMorgan Chase & Co. is the following:
    JPMorgan Chase & Co.
    JPMorgan Asset Management Holdings Inc. (100 %)
    JPMorgan Asset Management International Limited (100%)
    JPMorgan Asset Management Holdings (UK) Limited (100%)
    JPMorgan Asset Management (UK) Limited (100%)

    JPMorgan Chase & Co.
    JPMorgan Asset Management Holdings Inc. (100%)
    J.P. Morgan Investment Management Inc. (100%)

    JPMorgan Chase & Co.
    JPMorgan Asset Management Holdings Inc. (100%)
    JPMorgan Asset Management (Asia) (100%)
    JPMorgan Asset Management (Taiwan) Limited (100%)

    JPMorgan Chase & Co.
    JPMorgan Chase Bank, National Association (100%)
    (UPM-Kymmene Corporation)
     
    06.02.2014   RAKO-GROUP on Packaging Innovations 2014    ( Company news )

    Company news Take this opportunity and visit us from 26th – 27th February 2014 at the Packaging Innovations 2014 in Birmingham. We will present our newest product highlights in areas such as self-adhesive labels, flexible packaging and security technologies.

    We are looking forward to welcome you at our stand in hall 10, stand F18.
    (RAKO Etiketten GmbH & Co KG)
     
    06.02.2014   Vaahto Group to Reinforce its Group Strategy by Focusing on its Process Technology Business ...    ( Company news )

    Company news ...and by Writedowns in its Paper Technology

    Vaahto Group Plc Oyj reinforces its strategy, in accordance with which it under the lead of its new CEO, Vesa Alatalo, strongly focuses on the Process Technology business. The Company carries out its Process Technology business through its subsidiaries Japrotek Oy Ab and Stelzer Rührtechnik International GmbH. As Vaahto Group is continuing implementing the strategy change it commenced in the spring of 2013, it is planning the divestment of its loss-making Paper Technology business. The Board of Directors is considering options regarding the divestment of the Paper Technology business, with the primary option being the sale of the business.
    Vaahto Group Plc Oyj writes down subordinated loans it has granted to Vaahto Paper Technology Oy. Due to the writedowns, the equity of Vaahto Group Plc Oyj falls negative. The writedown will not have a cash-flow effect. Due to losses expected to be incurred by Vaahto Paper Technology Ltd, it is expected that also its equity will fall negative during the first quarter of the year 2014. To reinforce the financial position of Vaahto Group and to finance the new strategy, Vaahto Group is planning on implementing a share issue during the first half of 2014.
    The agreement that Vaahto Group reached with its creditors in late 2013 supports the liquidity of the Company. In accordance with the agreement, companies in the Vaahto Group are not required to repay loans from credit institutions during the year 2014. In connection of Vaahto Group receiving additional financing of two million euro from certain of its shareholders, creditors of the group relieved it of debts of one million euro in aggregate. It was further agreed that the creditors of the group will relieve the group of debts of two million euro in aggregate, provided that certain conditions in the financing agreement are met. The Company holds the view that such conditions on the debt relief will be met during the first quarter of 2014, but the creditors are obligated to relieve the company of the said debts also in the case that the conditions are met after the first quarter of 2014. Additionally, the financing arrangement includes a commitment by the creditors of relieving debts of a further one million euro if the Company is able to raise new equity through a share issue in an amount of no less than one million euro. The combination of the financing arrangement that has been reached, the partially conditional debt relief of four million euro in aggregate, the planned divestments of the Paper Technology business and the proposal for a share issue planned by the Board of Directors make clearer the direction of the business of the group under the new strategy along with supporting the group’s financial position and liquidity.
    The financial year 2013 earnings before interest, tax, depreciation and amortisation of the continuing businesses of Vaahto Group are expected to be clearly positive. Vaahto Group’s group-level financial year 2013 earnings before interest, tax, depreciation and amortisation (for the entire business) are expected to be negative.
    (Vaahto Group Plc Oyj)
     
    06.02.2014   Summary: Creativeworld 2014 – Hahnemühle the trend    ( Company news )

    Hahnemühle FineArt introduced two new products at this years Creativeworld /Paperworld. The paper manufacturer evoked a rapturous response with its “Style Sketch” a trendy product for “Urban Sketching”. The stylish sketch book has a black cover with a colored core and a corresponding ring binding. Pablo Ientile, Illustrator and Urban Sketcher used the “Style Sketch” at the Hahnemühle booth and presented impressively the different applications of the high-quality papers. It is suitable for sketches, illustrations, designs and manga with pencils and coloured pens, as well as for fineliner, ink pens and watercolor and acrylic paints.
    “Hahnemühle Easy Frame” was introduced for the first time at Creativeworld/Paperworld. The innovative new stretch frame enables mounting of Canvas and soft artist papers. With Hahnemühle EasyFrame artists, photographers and print studios have the opportunity to present their paintings, photo prints and reproductions quickly and easily. The 5-minute demonstrations at the booth attracted many visitors. The launch is planned soon.
    “We were very satisfied with the show. We had interesting conversations that let us have an opticmistic view to the year. Also promising is the significant increase of visitors from our export markets at the show as well as the feedbacks we received from visitors about our two new products,” said Norbert Klinke, Director of Marketing and Sales at Hahnemühle FineArt.
    (Hahnemühle FineArt GmbH)
    Hahnemühle FINEART

     
    06.02.2014   Jim Henneberry resigns as CEO of Australian Paper    ( Company news )

    Company news Jim Henneberry has resigned from the position of Chief Executive Officer at Australian Paper after eight years with the company.
    This was announced to staff and stakeholders on Friday, 31 January 2014.
    Jim made the difficult decision to leave Australian Paper in order
    to pursue new opportunities outside of the business. His resignation is effective from 14 February 2014.
    Australian Paper thanks Jim for his dedication and commitment to the company since joining in 2006. We wish him success in the next endeavour.
    Until further notice, Mr Hirofumi Fujimori, the Representative Director of Australian Paper’s holding company Nippon Paper Industries, is the Acting CEO.
    (Australian Paper)
     
    06.02.2014   KOLB is celebrating its 50th anniversary    ( Company news )

    Company news Two Americans had just invented the computer language BASIC. In Dearborn, Michigan the first Ford Mustang had left the factory. The Nobel Peace Prize had been awarded to Martin Luther King, Jr. It was in this same year, back in 1964, when in Hedingen, the Swiss chemist, Dr. Werner Kolb, founded a chemical factory. Since then, KOLB has grown to become a well-known producer of nonionic surfactants and paper chemicals. Today, KOLB is the largest independent alkoxylater surfactants in Europe and celebrates its 50th anniversary.
    Surfactants are chemicals which are crucial in many products and manufacturing processes. They reduce the surface tension of liquids which assist in mixing non-mixable liquids such as oil and water. Surfactants are usually only a small part of a larger formula, but they have a great impact on the performance of a product. There are various applications: You can find surfactants in shampoos, washing powders and cleaners – just to mention a few.

    In the context of globalisation
    Economic development trends also had an influence on KOLB. In 1993, a plant with two production units was built in Moerdijk, close to the sea in the Netherlands. Later, in 2007, KOLB was acquired by Kuala Lumpur Kepong Berhad (KLK), a well-known international palm plantation company. Two additional production units were subsequently built in the Netherlands in 2008 and 2012.

    Product development in KOLB’s own laboratory
    Today’s markets are so dynamic that you need to act fast in order to be successful. Only flexible, lean partners can guarantee quick turnaround times. Working in close cooperation with the customer, the R&D team of KOLB develops tailor-made products for the global market. This comes about by working in a non-bureaucratic fashion along with having great technical know-how and being faster than most competitors. KOLB distinguishes itself through its pragmatic approach and technical adeptness.

    50 years’ experience for a sustainable future
    Sustainability has always been key at KOLB – and continues to be a part of our future vision. Sustainability is achieved with raw materials, products and processes. The eco efficiency of the KOLB processes is continually optimised. Receiving a certificate for actively reducing CO2 emissions as well as a Dutch responsible care award for our heat recovery system strikingly emphasises this fact. When it comes to sustainable raw materials, KOLB leads the way, having brought the first RSPO-certified nonionic surfactant onto the market.
    RSPO stands for ‘Roundtable on Sustainable Palm Oil’. KLK is among the founding members of this international organisation, which developed a certification program for sustainable palm oil. So KOLB offers its customers the possibility to buy sustainable palm oil derivatives, which helps stakeholders reach sustainability targets.

    Invested in employees
    No company can remain successful without committed employees. KOLB has realised for a long time that an investment in know-how, skills and talents of each employee leads to the best “return on investment”. So there is always a motivated and professional team available for the customers.

    Our slogan: Your challenge our commitment
    KOLB‘s current slogan is a promise to the customer and also acts as the guiding principle of daily work at the company. KOLB’s work environment is built on teamwork and healthy competition, and where achievement and success are rewarded with mutual respect. Efficient project organisation, clear process structures, quick decision-making, an open dialogue and direct communication are mottos which employees, customers, suppliers and shareholders find mutually beneficial.
    In this way, KOLB will continue to follow its course confidently in the decades to come.
    (Kolb Distribution Ltd)
     
    06.02.2014   Natural paper Z-Offset Rough certified by HP Indigo    ( Company news )

    Company news The super-white Z-Offset Rough sets new benchmarks in the area of woodfree uncoated papers convincing, both with regard to haptic and with regard to technical aspects.
    Thanks to the new and favourable surface finish InkSet® this paper is ideally suited for classical offset print applications but also for HP Indigo format press applications. Z-Offset Rough (80-320 gm2) has been awarded by HP Indigo for its fixation and runnability (“best performing substrates”). Z-Offset Rough is also laserable.
    (Ziegler Papier AG)

     
    06.02.2014   INGEDE Symposium 2014 - Celebrating 25 Years of INGEDE    ( Company news )

    Company news Welcome to the 23rd INGEDE Symposium on February 12, 2014!

    The INGEDE Symposium 2014 will take place on Wednesday, February 12th, 2013 from 9:00 to 17:00 at "Haus der Bayerischen Wirtschaft" in Munich, room "Europasaal".

    -9:00 Registration and Coffee
    -9:30 25 Years of INGEDE (Keynote)
    Michael Söffge, Steinbeis Paper
    -10:00 Update on INGEDE’s Activities
    Ulrich Höke, Chairman of INGEDE
    -10:30 INGEDE’s Activities in Digital Printing
    Axel Fischer, INGEDE PR
    -11:00 The Way to the Circular Economy: EU Policy in the Past 25 Years
    Jori Ringman, CEPI
    -11:30 Lunch
    -13:00 Panel Session:
    Collection of Paper for Recycling
    Josef Augusta, Austria Papier Recycling
    David Barrio, Aspapel, Spain
    Stefan Endras, Utzenstorf Papier, Switzerland
    Klaus Große, Stora Enso Sachsen, Germany
    Harald Großmann, TU Dresden, EcoPaperLoop Project
    Barry Read, United Kingdom
    -15:30 Coffee
    -16:00 Beyond Expectations: The Two Team Breakthrough Concepts
    Marco Mensink, CEPI
    -16:30 INGEDE Project 141 13 PTS: "DIP Characterisation"
    Elisabeth Hanecker, PTS
    -17:00 Closure and Outlook
    Ulrich Höke, Chairman of INGEDE
    -19:00 Dinner at the "Pschorr", Viktualienmarkt 15
    registered participants only
    (INGEDE - Internationale Forschungsgemeinschaft Deinking-Technik e.V.)
     
    05.02.2014   The strength and sophistication of Twist in a new visual booklet    ( Company news )

    Company news Favini, the innovative Italian paper manufacturer, presents a new visual booklet for Twist, a product that unites paper and nonwoven fabric and features both great strength and sophistication.
    At first glance, the new booklet exudes an air of fashion and glamour. The work was designed by Spanish illustrator Manuel Rebollo, who manages to capture the emotion of the times through his graphical style and keen use of calligraphy as both an aspect of esthetics and a means of communication.
    Taking inspiration from his passion for music, fashion, love and feminine sensuality, the artist has illustrated the booklet using vast areas of color that contrast with surrounding whitespace, all of which integrates perfectly into the exclusive feel of Twist.
    Twist ensures excellent levels of print performance and is particularly suited to silkscreen printing. Colours come to life to create a thrill for the senses and give the illustrations a unique strength and intensity. The paper blends into the drawings, the metallic details and the embossed elements to create an amazing tactile effect.
    Available in a wide range of colours and grammages, Twist is ideal for printing exclusive invitations and greeting cards, as well as for packaging, shopping bags, tags and more for the worlds of fashion and luxury goods, not to mention in the publishing industry for the covers of elegant books or for notebooks that won’t go unnoticed.
    The entire assortment of Twist papers is FSC certified and suited for most printing and ennobling processes.
    (Favini Srl)
     
    05.02.2014   Valmet to upgrade two boilers at Mondi Group's mills in Sweden and Bulgaria    ( Company news )

    Company news Valmet will upgrade a recovery boiler at Mondi Group's Dynäs paper mill in Sweden and a power boiler at Mondi's Stambolijski mill in Bulgaria.
    The purpose of the upgrades is to increase the capacity and availability of the boilers. Both boiler rebuilds are planned to be ready in the fall of 2014. The order is included in Valmet's first quarter 2014 orders received. The value of the order will not be disclosed.
    "Mondi has been very active to develop their mills, and we, at Valmet, are very happy that Mondi has selected us for these important rebuilds. Upgrades are an area that is becoming more and more important for the industry in Europe as it relatively quickly increases production in existing plants," says Markus Bolhàr-Nordenkampf, Director Central and Eastern Europe, Valmet.
    The scope and selection of solutions in a Valmet boiler upgrade depend on the needs and technology at the mill or in the boiler plant. An upgrade normally provides increased capacity and improved boiler performance. It can also increase the service life of the boiler by as much as 10-15 years, depending on the circumstances.
    (Valmet Corporation)
     
    05.02.2014   Manroland Sheetfed delivers in 2013    ( Company news )

    Company news Manroland Sheetfed, the German press builder rescued from insolvency by British industrialist Tony Langley two years ago next week, has posted a profit in the year to 31st December 2013.
    In the Langley Holdings plc Annual Report & Accounts for 2013, Manroland Sheetfed GmbH is said to have traded in line with expectations to make a small profit on revenues of €314 million, although with internal charges the press builder contributed some €10 million to the group's €91.4 million profit before tax.
    The Offenbach company delivered just over 100 new presses or 528 printing units during the year to December. Dr. Peter Conrady Head of Sales said “We are delighted with this result which was slightly higher than budgeted. We have a turnover in excess of our €300 million target with a positive operating profit and this is very good news”.
    Speaking via webex in an interview with the European press in December, CEO Rafael Penuela said that the company’s strategy had been to concentrate principally on its existing customers, focusing on improving their productivity and lowering costs. Looking to 2014, Mr Penuela said that the focus on helping their customers to be more competitive will remain at the centre of the company's strategy.
    (Manroland Sheetfed GmbH)
     
    05.02.2014   Intec Launches Fiery Front End for CP3000 model range    ( Company news )

    Company news Intec Printing Solutions Limited announced that it has launched its highly successful ‘Fiery® XF for Intec’ colour management and workflow solution for use with its newly launched CP3000 professional digital colour production printer range, further expanding the printer’s capabilities to offer new and improved workflow, colour and quality enhancements.
    The combination of the Fiery digital front end and colour management workflow with the Intec CP3000 models, ensures graphic arts professionals and print companies receive a unique print solution providing razor sharp imaging and exact colour through a fully customisable user interface and workflow onto a broad spectrum of media for a smoother print production experience.
    The CP3000 range is ideal for a wide range of printing applications including short and medium run print production up to 400gsm/micron for promotional printing, greeting cards, envelopes, booklets and banners as well as point of sale applications and much more!
    With the addition of the Fiery front end the whole print production process from job creation to printing is streamlined through the use of default paper profiles; its modular software architecture allows users to add advanced colour functionalities such as the Color Verifier and Color Profiler Options, further expanding the user experience and meeting the needs for greater colour control in the short-run print production marketplace.
    The addition of the Fiery RIP also offers users, imposition, nesting, variable data and a whole host of professional tools to ensure the very best quality and productivity from your Intec CP3000 digital press.
    “By offering the Fiery front end for use with the CP3000 models, Intec continues to bring market leading products to its customers” states Ian Melville, managing director at Intec Printing Solutions. “And we are even more delighted to be able to offer our customers a flexible and scalable high-speed RIP and colour management workflow that is the perfect solution to drive the CP3000 range alongside the other products in our solutions portfolio.”
    With the Fiery system being offered for use with the CP3000 models, users will be able to quickly and easily achieve stunning, precise and predictable quality output on all manner of substrates. The Fiery XF for Intec RIP is compatible for use with Mac OSX and Windows systems and offers a combination unmatched in productivity and performance at the lowest cost per print in its class.
    (Intec Printing Solutions Limited)
     
    05.02.2014   Sustainability is an integral part of the paper tissue value chain - Industry’s continued ...    ( Company news )

    Company news ... Ambition is to drive sustainable hygiene and human health

    Picture: Tree nursery

    Industry veteran Roberto Berardi of the European Tissue Symposium explains how the sector is taking steps to stay ahead of the curve in meeting the challenges of sustainability

    When you work in an industry that relies on forests for its base material then you naturally think long term. Business sustainability is a way of life in the European tissue industry where trees can have a growing cycle of up to 50 years. Europe has some of the most advanced forestry management systems in the world and performs well against a range of sustainability criteria. The goal of the tissue industry is to not only drive the adoption of ever-greater sustainability practices within our own sector, but to be an integral part of driving sustainable hygiene and human health throughout Europe. Sustainability must become a way of life.

    Before elaborating on some of the initiatives the industry is taking I should clearly define the concept of ‘sustainable business’. Sustainability is often described as having three pillars: social, environmental and economic. I agree of course but my preferred definition is one I learned in a seminar at Harvard Business School a few years ago where Sustainability was defined as Leadership and Responsibility. A business must set its direction placing the principles of sustainability at its very heart: its purpose, mission, strategy, goals, values and responsibilities. It must then create a corporate context and culture in which its actions are economically, legally and ethically sound.

    By meeting each of these three criteria in all of its business actions an organisation can legitimately claim to be sustainable. And indeed as we have already seen, ethical requirements frequently become legal requirements over time as societal opinion moves to embrace a more sustainable approach to the way we do business.

    This is ultimately in agreement with the Brundtland Commission's mission to unite countries to pursue sustainable development together. Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

    So how is the European Tissue industry shaping up?
    The sector is working continuously to increase its sustainability across a host of different areas including recycling, recovery, transport, water and workplace safety. There are some well-established initiatives and also some exciting new projects being developed and likely to herald the future direction for the sector.

    Forest certification – a crucial development in demonstrating our sustainable credentials
    We are immensely proud of our most recent initiative in the area of Forest Certification. This is a crucial development for the sector and offers reassurance to our customers and consumers while also lending further credibility to the sector.

    ETS supports the use of fibres from sustainably and legally managed forests and encourages the use of third party certification as one of the best ways to ensure that suppliers meet these requirements. We do not favour any single scheme but support the various international and national Forest Certification schemes that offer third party verification or certification of compliance.
    Customers have welcomed the certification of fibres and we are committed to supporting the sustainable management of forests based on responsible forest management, social responsibility and economic viability. We also encourage the development of standards, performance measures, and continual improvement in best practices for forest ecosystems.
    We use the definition of ‘Sustainable Forest Management’ agreed at the Second Ministerial Conference on the Protection of Forests in Europe, held in Helsinki in 1993: “The stewardship and use of forests and forest
    lands in a way and at a rate that maintains their biodiversity, productivity, regeneration capacity, vitality and their potential to fulfil now and in the future, relevant ecological, economic and social functions at local, national and global levels, and that does not cause damage to other eco-systems.”

    ETS has particularly welcomed the new EU Timber Regulation which came into force in 2013 and ensures that only products from legally sourced wood are sold across the EU28. The members of ETS have for some years committed to using only fibres from legal and sustainable sources.

    Exploring opportunities in recycling and recovery
    Europe leads the world in paper recycling with levels at over 70% in 2012 – up from 40% in 1995. While paper consumption levels are the same today as in 1998, recycling levels are 150% higher. In Europe, a paper fibre is collected and recycled on average 3.5 times, compared with just 2.4 times worldwide. ETS are members of the European Recovered Paper Council, committed to meet a voluntary recycling target of 70% in the EU +Switzerland and Norway by 2015 – a level already achieved today and higher than any other region in the world.

    I should stress though that Lifecycle analysis studies (LCA) show sustainable tissue products can be produced with both recovered and new fibres and that each has its benefits and shortcomings. Experts have carried out carbon footprint studies on toilet tissue that prove that the decision to use either fibre type does not significantly alter the carbon footprint and that neither fibre type can be considered environmentally preferable when considering carbon emissions.

    Total environmental impacts depend on a number of factors including location of the mill, closeness of available fibres, energy options and production waste utilisation and these should be reviewed on a case by case basis. It is for this reason that we advocate a total lifecycle approach to understand the environmental impact of our products. We are not in favour of carbon footprint labelling for our products as it measures just one environmental impact and so can be potentially misleading for consumers. However we are following with great interest the EU project to establish Product and Organisation environmental footprints as these should encompass all the environment impacts and overcome the weakness in carbon footprinting.

    Thanks to sophisticated new technologies the tissue industry increasingly uses recycled fibres in products without compromising on softness, strength and absorbency. Companies are innovating using recycled fibres or environmentally friendly fibres from plants that grow well and are able to offer products that are similar to virgin fibre ones.

    The very latest development is that industry leaders are actively exploring opportunities to recycle paper towels. Research is ongoing but could lead to some exciting breakthroughs for our industry in contributing to Europe’s status as paper recycling world champion.

    Driving waste minimization
    The most effective way to recover used materials is to not generate waste in the first place. A great deal of work is being undertaken in paper mills across Europe to minimize wastage - in the production processes, in the cutting of the paper, and in the way machinery and forklifts are used. Efforts seek to minimise damage and hence wastage in the handling of tissue products and the industry is also developing more absorbent products which hence reduce usage.

    Conservation of water is a key global concern and companies in the tissue sector increasingly operate fully closed production loops to reuse water – although they have to evaluate whether this is the most cost-efficient option in the more water abundant countries of northern Europe.

    Upholding sustainability in the workplace
    Safety in the workplace is a fundamental prerequisite of sustainability - and a legal and ethical obligation. Upholding optimal safety is rooted in respect and if employees believe that management is placing safety as a number one priority then they will be motivated and work well. The result is a virtuous circle for a company’s prosperity. The implementation of values and practices that guarantee optimal safety standards is rooted in the psyche of not just the tissue industry but of its main suppliers too and we are proud of the safety standards that we uphold.

    So what’s next for the tissue sector?
    Trade customers and consumers are increasingly aware of the need to save and conserve. They are particularly keen on packaging reduction and industry members have taken a number of initiatives to make products more compact. This pleases retailers as they take up less space on-shelf in store, and pleases customers as they are less bulky to store at home. Larger rolls - twice the length of a standard roll – which save on packaging, transport and storage costs, have been available for a number of years too and are now being extended more widely including into private label

    ETS has also undertaken transport studies to look at truck utilisation and content optimisation in order to be more economic and energy efficient. And the industry hasn’t stopped there. We also look at recycled plastics for the outer wrappings to ensure that every stage of the production chain is conscious of the impact it has on the environment.

    Looking to the future our industry will continue to push the boundaries in re-utilisation techniques and even surpass some of the excellent work that is being done today. I believe we will develop ever more efficient and effective paper production and converting technology and perhaps machines will be more compact so located closer to the final customer.

    I would also hope that we will work to further limit our energy waste, promote renewable sources and reduce the miles travelled by our products. Some promising new work is taking place in the area of wind energy generation already with wind turbines being cited in forests on the tops of hills where they are away from people and in low-yield locations.

    My dream of course is that future innovations will provide the planet with unlimited quantities of low cost, low impact energy. This would enable us to develop the ideal toilet roll: soft, absorbent, resistant, very long, pleasantly decorated, made with recycled fibres and at a price that is accessible to the vast majority of people.

    I am excited about what we have achieved so far in driving the principles of sustainability throughout our sector. And I am optimistic about the future and where innovation and a determination to do even better can lead us. But we are not complacent. The European tissue industry is committed to helping people to achieve a better quality of life by delivering optimal hygiene that supports human health. Unless we are able to improve, or at the very least uphold our standards of excellent, then we cannot justify the term ‘sustainable’.
    (ETS European Tissue Symposium)
     
    05.02.2014   IMPS 2014 - International Munich Paper Symposium    ( Company news )

    Company news For the 23rd time, one of the major annual European conferences in paper technology, the IMPS 2014 — INTERNATIONAL MUNICH PAPER SYMPOSIUM is going to take place in the modern Sheraton Munich Arabellapark Conference Center from 26-28 March 2014. The Symposium focuses on technical presentations related to paper and board manufacturing and will be offered in the German and English language through a superb simultaneous translation. In addition to the presentations, the IMPS also features an exhibition and a cultural programme.

    The theme of the meeting is “Progress in Board and Paper Technology”, and while many of the papers are going to be presented by board mills and paper mills, it will be clear that papermaking equipment and innovations designed to improve the performance of paper, board and printing machines, play a very important role.

    Most presentations will deal with first time reports and take an analytical, rather than a commercial approach. The speakers will share their experiences with relatively new systems, and will also take a look at some future developments.

    The IMPS has been held annually for more than 22 years and is always focused on current topics related to the paper manufacturing and paper supplying industry. In contrast to many very large conferences, the IMPS will host not more than about 500 participants in a first class atmosphere. It is intended to provide an international platform for people working in the field of board, paper and printing technology.

    The fee includes a number of options: simultaneous translation German/English, internet access to abstracts, presentations as pdf-files, coffee breaks with snacks, superb lunches as well as a gala dinner on Wednesday evening. As far as places are available, a fascinating cultural event on Thursday evening and an interesting mill tour or a visit to the well known paper institute of Munich University of Applied Sciences on Friday, are also included.

    Last year, the IMPS-2013 was completely booked out well before the start of the symposium. We therefore recommend that you book early.
    (IMPS Management Ltd. & Co. KG)
     
    05.02.2014   MIAC TISSUE BUSINESS POINT 2014: FOCUS ON TISSUE!    ( Company news )

    Company news NEW BUSINESS OPPORTUNITIES
    A new business concept that brings together Technology, Finished Products, Raw Materials and Services, designed exclusively for companies operating in the tissue paper sector. More than 60 companies are waiting to show you their latest machinery technical development and finished products!

    MIAC TISSUE PANORAMA CONFERENCE
    MIAC Tissue Panorama Conference is divided in 4 sessions
    (simultaneous translation is available, official language of the Conference is English. Participation is free of charge):

    -26 March 2014 | time 10.30 - 12.30 | TECHNICAL session
    Tissue Products & Green Economy. Reduction in the environmental impact
    of both paper mill and converters

    -26 March 2014 | time 14.30 - 16.00 | COMMERCIAL session
    Tissue: strategic role in the range of commercial distribution and new consumption trends

    -27 March 2014 | time 10.30 - 12.30 | TECHNICAL session
    Technological and financial improvements in tissue production

    -27 March 2014 | time 14.30 - 16.00 | COMMERCIAL session
    Tissue: a wide market open to service and new channels

    TECHNOLOGY AND TISSUE FINISHED PRODUCTS
    Paper Mills and Converters technicians and managers will get an overview on the latest advances in technology and equipment available to the tissue industry sector. Modern Trade Buyers, Mass Retailers, Converters, Wholesalers and Office Suppliers will get new business
    opportunities offered by an ever-growing industry.
    (Edinova Srl)
     
    05.02.2014   Cascades Announces Consultations with Its Swedish Subsidiary's unions concerning the ...    ( Company news )

    Company news ... potential closure of the Djupafors business

    On February 4, Cascades Inc., a leader in the recovery and production of green packaging and tissue products, announced that its subsidiary, Cascades Djupafors, located in Ronneby, Sweden , will start the consultation process with the unions on February 25 concerning the potential closure of the Djupafors business.
    "Djupafors is in a difficult financial position and is operating in a very competitive market. The announcement is part of a revision and restructuring process of our manufacturing platform in Europe . It is also worth noting that we have been dealing with a difficult economic environment in Europe since 2011," explained Mario Plourde , President and Chief Executive Officer of Cascades.
    The plant, acquired by Cascades in 1989, has 130 employees and specializes in the manufacture of coated boxboard for folding boxes made from virgin fibres. It has an annual production capacity of 60,000 tonnes.
    (Cascades Inc.)
     
    04.02.2014   Highly dynamic and precise – The new HDE high-performance punch system from Voith    ( Company news )

    Company news With its integrated HDE high-performance punch system, Voith is launching a new generation of punching systems. The HDE was developed specifically for punching, nibbling and forming applications in the high-end segment. It offers convincing performance with high dynamic behavior and precise control mode.
    The high dynamic behavior of the HDE is based on newly developed valves as well as intelligent hydraulic and electronic control circuits. With a punch stroke of 4 mm, the new punch system achieves a cycle time of just around 18 ms. The operator benefits from very high machine productivity.
    Thanks to the new DECV valves (Direct Electronic Copy Valve), control of the HDE is extremely accurate. The DECV is a directly controlled, electronic copy valve. Direct actuation by a servo motor gives the valve very fast and highly precise impulse response. The HDE achieves a repeatability of up to 0.01 mm, permitting high-precision bending and forming processes. Moreover, the valve is designed to be rugged, compact and very flexible in terms of interfaces – integration into the machine or system could not be simpler.
    The load-controlled "two-pressure-system" with separate supply circuits for low pressure and high pressure assures an optimal power balance in the system. Companies using the HDE from Voith will reduce energy consumption by up to 60 percent compared to that of single-circuit systems.
    The HDE punch system features additional pressure sensors. The integrated process monitoring provides improved diagnostics. If necessary, the "PunchMaster" software tool can be used to retrieve diagnostic data from the HS4 punch controller via Ethernet from anywhere in the world. Maintenance needs can thus be detected quickly worldwide. This reduces machine downtime; the operator avoids the costs for repairs and service calls.
    In the field of punch, nibble and forming drives, Voith is the leading supplier of proven complete systems consisting of hydraulic power pack, control unit with actuator and control electronics with application software. The machinery and drive system are connected using very few interfaces. As a result, control of the hydraulic system is extremely simple.
    (Voith Paper GmbH & Co KG)
     
    04.02.2014   95% of Canadians can now recycle paper boxes and cartons    ( Company news )

    Company news Canadians can no longer say they’d love to recycle their old paper boxes but can’t do it where they live.
    That’s because virtually all Canadians now have access to the convenient recycling of both corrugated boxes and paperboard or boxboard cartons. The actual access numbers, calculated by independent
    consulting firm, CM Consulting, are 96% and 95% of Canadians respectively. The numbers update a paper industry study conducted four years ago that placed access numbers in the 83% to 85% range.
    “What this means,” says John Mullinder, who heads up the paper packaging industry’s environmental council, PPEC, “ is that Canadians no longer have any excuses for placing paper boxes in the garbage.
    They don’t belong there, and besides, we need them to make new boxes.” Most of the new boxes manufactured in Canada, he says, are made from 100% recycled material that’s been collected from the back of factories or supermarkets or from curbside or depot programs.
    About 40 years ago, he says, the only paper packaging collected for recycling in Canada was the old corrugated boxes that had been used to deliver supplies to factories and supermarkets. When the supply of these boxes tightened up, the recycling mills started to look for
    additional sources of paper fibre, which led them to lobby municipalities to add the collection of old corrugated containers (or OCC) from households. Then in the early 1990s, PPEC and a select group of customers led North America in the further recycling of old boxboard (the common cereal or shoe box). This is normally 100% recycled content as well, and can be blended in with old corrugated boxes to make new paper packaging.
    “While we have used old corrugated to make new boxes for years,“ says Mullinder, “we are particularly proud of our efforts to divert old boxboard from landfill. Within a relatively short timeframe we’ve gone from zero public access in one province (Ontario) to almost 100% access nationally.”
    What the in dustry really wants now, he adds, is for Canadians to make sure that they take full advantage of their recycling opportunities. “We need that material to make new boxes. It should not go to waste.”
    (PPEC The Paper and Paperboard Packaging Environmental Council)
     
    04.02.2014   AP-Tec Pack challenged by Broby Grafiska design school students    ( Company news )

    Company news Picture: Sample named AVUNS from design school student Klara Pettersson.

    As part of Arctic Paper Grycksbo’s development of packaging materials, a design project was undertaken with the Swedish graphic design school, Broby Grafiska. The results yielded a range of innovative packaging solutions showing the applications possible when using AP-Tec Pack, a fully bleached and coated solid board.
    Broby Grafiska, in Sunne, Sweden, is a well established post-secondary school that combines theoretical and practical studies in close cooperation with employers and industry. Each year 116 students are admitted, mainly to the graphic communications, packaging design and packaging production management study programmes. The packaging design students regularly take part in different design competitions and have won many awards.
    “When we had reached a certain point in our development work of AP-Tec Pack, we had the idea for a design project with Broby Grafiska,” says Jaana Ahlroos, Product Manager Coated Papers at Arctic Paper. “They are well-known for their packaging design programme, so it was a logical step to ask one of their classes to challenge the capabilities of our new board in a design project.”

    The task was to create packaging for an appealing cosmetic kit using 250 g/m2 AP-Tec Pack. When creating the different packaging, the students were asked to put the material to the test to see what could be achieved in terms of design and printability, and hence the attraction on the shop shelves. “Natural Personal Care” was the theme to be kept in mind.
    “The students had a great deal of freedom to chose a cosmetic product and create an appealing package while at the same time challenging the material physically,” says Mats Olsson, design teacher at Broby Grafiska. “The packages were created using ArtiosCAD software from Esko, and printed on either a UV printer or a laser printer. The printed sheets were cut in a Kongsberg XL20 sample maker and put together manually, some with glue and some without.
    “My students really showed a great dedication to the project with Arctic Paper Grycksbo. They were able to test the limits of a new packaging material and learn how it differed in performance to traditional layered boards. In their evaluation of AP-Tec Pack they said that this board material came out better than expected and its flexibility facilitated their creativity. The coated surface, as expected, gave very good print results irrespective of printing method. The overall conclusion was that AP-Tec Pack is an ideal material for small cartons,” Mats Olsson ends.
    (Grycksbo Paper AB)
     
    04.02.2014   Heidelberg launches new Saphira ink series specially developed for LE UV users    ( Company news )

    Company news -Ink series optimized for LE UV applications in cooperation with manufacturers
    -LE UV machine technology and consumables now available from a single source
    -New ink series available as Saphira Ink Low Energy UV 100 and 400

    At drupa 2012, Heidelberger Druckmaschinen AG (Heidelberg) unveiled its DryStar LE (Low Energy) UV drying technology, an energy-efficient process that offers a gateway to UV printing for commercial print shops in particular. This process uses highly reactive UV inks, which reduces the number of dryer lamps required in the press and thus cuts energy consumption significantly. This technology has already become established on many markets. Heidelberg is now augmenting its technology portfolio with perfectly coordinated ink series sold under the Saphira label, thus offering users machine technology and consumables from a single source.
    The new ink series, available as Saphira Ink Low Energy UV 100 and 400, are ideal for printing on paper, card/board, and non-absorbent materials. They exhibit excellent gloss properties and good screen dot quality. Both product series enable printing to ISO 12647-2 (process standard for offset printing). Sheets printed with Saphira Ink LE UV are ready for finishing straight away as they are already dry on exiting the press. Complementary consumables from the Saphira range, such as blankets, coatings, and washup and dampening solutions, are also available. Heidelberg will continue to expand and further develop this range alongside its LE UV technology.
    Users of Drystar LE UV technology therefore have access to a portfolio of Saphira consumables that have been tailored to their particular application in cooperation with the relevant ink manufacturers. This enables them to unlock the full potential of the LE UV process and achieve outstanding print results at an excellent price-performance ratio.
    (Heidelberger Druckmaschinen AG)

     
    04.02.2014   MWV Elects Dr. Robert K. Beckler and Robert A. Feeser Executive Vice Presidents     ( Company news )

    Company news Picture: Dr. Robert K. Beckler, Executive Vice President and President, Packaging (left) and Robert A. Feeser, Executive Vice President Global Operations (right)

    MeadWestvaco Corporation (NYSE: MWV) announced that its board of directors has elected Dr. Robert K. Beckler and Robert A. Feeser each to the position of executive vice president, effective immediately.
    In his new role, Robert (Bob) Beckler will assume global commercial responsibilities, including leadership of the company’s three packaging segments: Food & Beverage; Home, Health & Beauty; and Industrial Packaging. In addition, he will be responsible for MWV’s Specialty Chemicals business, and will continue his oversight of the company’s strategy and business initiatives across Latin America.
    “Bob Beckler has been a key leader in MWV’s most successful businesses over the past decade,” stated John A. Luke, Jr., chairman and chief executive officer. “He has implemented and driven an end-market focus in both Specialty Chemicals and MWV Rigesa – shaping global participation strategies that have led to profitable growth. Bob’s strategic vision and energetic leadership in this new role will be a critical factor in the success of our packaging business, including the recently-announced margin improvement actions he will lead over the coming months and beyond.”
    Robert (Bob) A. Feeser will assume global operations responsibilities, including leadership of the company’s paperboard, primary plastics and folding carton operations around the world, as well as business support services, supply chain, engineering, and safety, health and environmental functions. He will also continue to lead the company’s strategy and business initiatives across Asia Pacific.

    “Bob Feeser is a leader with keen judgment and extensive operational experience,” said Luke. “His work at MWV over the past many years has helped position our packaging business for success – especially shaping our participation in global paperboard end markets and improving the productivity of our large mills. Bob’s combination of industry experience, market knowledge and operating expertise in this new role will help us strengthen performance and improve profitability.”
    James A. Buzzard, president, will be transitioning from the company following a distinguished career.
    Beckler joined MWV in 1987, and held a variety of roles within the company’s Specialty Chemicals business, culminating in being named president, Specialty Chemicals, in 2007. In 2010, he was named president of MWV Rigesa, MWV’s Brazilian packaging subsidiary and in 2012, he was elected senior vice president. Beckler holds a Bachelor of Science degree in Chemistry from Duke University, and a Ph.D. in Chemical Engineering from the Georgia Institute of Technology.
    Feeser joined MWV in 1987 and has held leadership roles in the company’s paper and paperboard sales and operations organizations. In 2002, he was named corporate vice president responsible for the integration of the company’s packaging businesses following the merger of Mead and Westvaco, and in 2004 was named president of the paperboard businesses and MWV Rigesa. In 2011, Feeser was named senior vice president and given responsibility for the company’s largest packaging segment, Food & Beverage. Feeser holds a Bachelor of Science degree in Chemical Engineering from Miami University, a Master of Science degree in Chemical Engineering from the University of Dayton, and a Master of Business Administration degree from Duke University.
    (MWV MeadWestvaco World Headquarters)
     
    04.02.2014   New multi-channel data logger facilitates easy temperature measurement in industrial situations     ( Company news )

    Company news T&D Corporation presents the MCR-4TC, a new high precision data logger which is capable of 4-channel measurements and recording from a single unit simultaneously

    With its latest model, the MCR-4TC, T&D Corporation, the Japanese market leader for data loggers, introduces a new device that can be coupled together with up to four units, making it possible to measure and record up to 16 channels simultaneously. This facilitates easy temperature management in industrial situations such as in pipes, ducts and boilers, cooking equipment and chilled goods storage areas.
    The battery operated temperature monitoring data logger runs on two AA alkaline batteries and supports thermocouple types K, J, T, S and R, enabling wide range measurement from -270 °C up to 1760 °C. Recorded data can be relayed to a PC via USB connection or saved to an SD card and then transferred to a PC. Data can also be viewed and checked on the logger’s handy LCD display. For additional flexibility, the MCR-4TC can be connected to other models in the T&D range, such as the MCR-4V, for quick and precise voltage measurement.
    (T&D Corporation)
     

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