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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   >> 
     
     
    01.08.2013   Oji Papéis Especiais invests in innovative solution from Voith that allows significant water and...    ( Company news )

    Company news ... energy savings

    Voith has a new order to supply its innovative lubrication system for suction roll sealing strips – HydroSeal (picture) – to Oji Papéis Especiais. The HydroSeal system prevents sheet rewetting and drastically reduces water consumption.
    Operating in Piracicaba, in the state of São Paulo, Brazil, Oji’s specialty paper mill produces nearly 120,000 metric tons of thermal paper, carbonless copy paper and coated paper. The new HydroSeal is expected to operate from mid-September.
    Once it is installed, HydroSeal will allow a considerable decrease in water consumption, as well as a performance improvement in the transfer suction roll operating between the second and third press of the Oji PM 2.
    HydroSeal is an innovative option that replaces current conventional seals and lubricating showers installed in suction rolls in favor of a more efficient seal system that distributes the lubricant film more evenly over the entire width of the sealing strip. The system hence enables a significant decrease in the amount of water consumed while also minimizing sheet rewetting, which in turn improves the CD moisture profile. This system will allow paper manufacturers to disable conventional shower systems regardless of the suction roll type or manufacturer.
    The patented sealing strip system with integrated water supply enables significant savings, and in some cases may also provide for drive power savings. Trials carried out in Germany demonstrate that by using HydroSeal, paper makers can achieve yearly savings of approximately € 100,000, since water and energy consumption can be reduced by up to 87% and 9% respectively.
    Since its recent release, nine HydroSeal systems have been sold worldwide, including the one to Oji Papéis Especiais.
    (Voith Paper GmbH & Co KG)
     
    01.08.2013   Weyerhaeuser Reports Second Quarter Results    ( Company news )

    Company news Picture: Daniel Fulton, president and chief executive officer

    • Net earnings before special items increased fourfold compared with second quarter 2012
    • Net sales increased approximately 20 percent to $2.1 billion, highest since 2008
    • Acquired approximately 645,000 acres of unique, high-value timberlands in Washington and Oregon through purchase of Longview Timber LLC

    Weyerhaeuser Company (NYSE: WY) reported net earnings to common shareholders of $196 million, or 35 cents per diluted share, for the second quarter. As there were no special items this period, this compares with net earnings before special items of $47 million, or 9 cents per diluted share, for the same period last year. Net sales for the second quarter of 2013 totaled $2.1 billion, compared with net sales of $1.8 billion for the second quarter of 2012.
    “This was a milestone quarter for Weyerhaeuser,” said Dan Fulton, president and chief executive officer. “We moved forward both strategically and operationally with the acquisition of Longview Timber LLC and by delivering strong operating results in this improving housing market.”

    Timberlands
    2Q 2013 Performance - Earnings from disposition of non-strategic timberlands increased $11 million compared with the first quarter. In the West, improved selling prices for export and domestic logs were mostly offset by slightly lower fee harvest volumes, increased logging costs, and seasonally higher road and silviculture expenses. Southern fee harvest volumes and log realizations were comparable to the first quarter.
    3Q 2013 Outlook - On July 23, 2013, Weyerhaeuser completed the acquisition of Longview Timber LLC. Earnings from these operations will be included in the Timberlands segment beginning in the third quarter of 2013.
    Weyerhaeuser anticipates lower earnings from the Timberlands segment in the third quarter, as the positive contribution from a partial quarter of Longview Timber earnings will not offset a normal seasonal decline in the contribution from the company’s existing operations. The company expects seasonally higher road and silviculture costs, weaker domestic and export prices for Western logs, and a seasonal reduction in fee harvest from existing Western operations. These should be partially offset by seasonally higher Southern harvest volumes and somewhat higher earnings from disposition of non-strategic timberlands.

    Wood products
    2Q 2013 Performance - Lumber sales volumes improved 13 percent compared with the first quarter, and sales volumes for most other products improved slightly. These improvements were more than offset by lower average selling prices for oriented strand board and higher raw material costs. Manufacturing costs increased due to higher maintenance expense and unplanned downtime in oriented strand board and engineered wood products mills. Distribution business margins declined due to falling prices for commodity products throughout most of the second quarter.
    3Q 2013 Outlook - Weyerhaeuser anticipates lower earnings from the Wood Products segment in the third quarter. The company expects substantially lower average selling prices for oriented strand board and lower lumber realizations. These should be partially offset by improved sales volumes across most product lines, lower log and maintenance costs, and improved operating rates.

    Cellulose Fibers
    2Q 2013 Performance - Maintenance costs declined and pulp mill productivity increased due to a reduction in major maintenance projects. Energy, fiber, and chemical costs declined and average pulp price realizations improved slightly.
    3Q 2013 Outlook - Weyerhaeuser expects comparable earnings from the Cellulose Fibers segment in the third quarter. The company anticipates slightly higher average selling prices due to mix, slightly improved sales volumes and lower fiber and energy costs, offset by increased maintenance expense.

    Real Estate
    2Q 2013 Performance - Home closings increased seasonally to 636 single-family homes, and average margins on homes closed improved due to mix. These factors were partially offset by increased selling costs due to the higher closing volume. Second quarter results include earnings of $2 million from land and lot sales.
    At the end of the second quarter the backlog of homes sold, but not closed, totaled 1,438 units, compared with 1,033 units one year ago.
    3Q 2013 Outlook - Weyerhaeuser expects slightly higher earnings from single-family homebuilding in the third quarter. Single-family closing volume should increase seasonally to more than 700 single-family homes, with lower average margins due to mix. The company anticipates higher selling-related expenses due to the additional closing volume, and somewhat higher earnings from land and lot sales.
    (Weyerhaeuser Company)
     
    01.08.2013   AVERY DENNISON DOUBLES ITS 'THINKTHIN™' PORTFOLIO TO SUPPORT SUSTAINABLE ...    ( Company news )

    Company news ... LABELLING

    Picture: Avery Dennison’s new ThinkThin™ film materials are products-of-choice for premium food labelling applications. (Photos: Avery Dennison, PR173)

    Avery Dennison Label and Packaging Materials has introduced seven new 'thin' film and paper products that retain shelf impact while making premium food labels more sustainable through thinner label material constructions.

    Brands are making ever stronger demands for waste reduction and more sustainable products, and the Avery Dennison ThinkThin™ range is an important tool for label converters who want to measure and report on sustainability improvements. Thinner facestocks and liners across the entire range ensure both performance and environmental benefits across many different films, papers and thermal products, compared to the standard thicker versions. This is because they require fewer raw materials and less energy during manufacture, according to lifecycle assessment charts compiled by Avery Dennison.

    “This expanded ThinkThin portfolio has been designed with real-world needs of label converters and brand owners in mind,” said Jan 't Hart, product line director at Avery Dennison Label and Packaging Materials. “Better sustainability credentials are the foundation of the ThinkThin initiative, but our priority remains that of giving customers materials that look great and perform better than ever. ‘Green’ does not have to mean ‘second best’ if the technology is right.”

    The new ThinkThin film materials are ideal for premium food labelling applications. They feature Avery Dennison’s innovative S7000 adhesive which enables high speed production and offers both water-whitening resistance and reduced adhesive bleed. The extended film family now includes PE LG Top as well as the thinner PP 40 Top, both with top coating and available in clear and white.

    The Avery Dennison Greenprint™ lifecycle analysis quickly reveals the sustainability ‘wins’ made possible by new ThinkThin products. For example, PP40 Top Clear (with S7000 adhesive and a PET23 liner) uses 46% less energy, generates 30% less solid waste and consumes 39% less fossil material than the conventional PP60/S4000/PET30 material. The liner is also fully recyclable via Avery Dennison’s recycling program, available throughout Europe.

    ThinkThin paper–based products are now all FSC-certified and can be used in a wider variety of substrates, whether in food labelling or in other applications such as home and personal care. The MC70 paper facestock is lighter than the conventional MC Primecoat alternative, and is now available with new adhesive options that allow ThinkThin paper materials to cope with applications all the way from the cool room through to high speed room temperature labelling. Thermal labelling also receives a welcome boost: Thermal Thin 200LD is now available with S2000N permanent emulsion adhesive, allowing higher speed application.

    To find out more about the extended ThinkThin portfolio and to read the lifecycle assessment analysis for all ThinkThin products, go to label.averydennison.eu/thinkthin.
    (Avery Dennison Label and Packaging Materials Europe)
     
    01.08.2013   Divestment of paper machine in Gävle completed     ( Company news )

    Company news Picture: Gävle mill

    BillerudKorsnäs’ divestment of paper machine PM2 at the Group’s Gävle production unit, to SwedPaper AB has been approved by the appropriate competition authorities and the transaction has now been completed.
    The transaction fulfils the requirement set by the European Commission for approval of the combination between Billerud and Korsnäs, and PM2 at the Gävle unit has now been divested to SwedPaper. Other operations at the Gävle production unit will not be affected by the sale and will remain unchanged in BillerudKorsnäs’ ownership.
    Following the divestment, BillerudKorsnäs will, for example, supply input items such as pulp, steam and water to SwedPaper. BillerudKorsnäs will sell to SwedPaper an annual volume of pulp amounting to a maximum of 66 000 tons. Pricing for the pulp will be in line with the market. As of 1 August 2013, sales of pulp to PM2 will be accounted for in the Packaging Paper Business Area. Before the divestment, the operations of PM2 had been accounted for at BillerudKorsnäs under Other units.
    The divestment was described previously in press releases dated 6 May 2013 and 12 June 2013.
    (BillerudKorsnäs AB)
     
    31.07.2013   Heidelberger Druckmaschinen AG Annual General Meeting for Financial Year 2012/2013    ( Company news )

    Company news Picture: Gerold Linzbach, CEO of Heidelberger Druckmaschinen AG, at the Annual General Meeting for financial year 2012/2013 held at the Congress Center Rosengarten in Mannheim.

    -AGM elects shareholder representatives to the Supervisory Board
    -Robert Koehler confirmed as Chairman of the Supervisory Board
    -All items on the agenda agreed by a large majority

    Around 1,750 shareholders participated in the Annual General Meeting of Heidelberger Druckmaschinen AG (Heidelberg) for financial year 2012/2013, which was held at the Congress Center Rosengarten in Mannheim. Around 32 percent of the company's share capital was represented at the event.
    The Management Board discussed the company's strategy and the balance sheet for the past financial year (April 1, 2012 through March 31, 2013). Dr. Gerold Linzbach, CEO of the company, made his first speech to the shareholders of Heidelberg. In it, he analyzed where he feels Heidelberg is at and then highlighted where the company is heading in the medium term.
    Approval from the company's shareholders was needed for five of the six items on the AGM's agenda. These included the election of Supervisory Board members. For the resolution covering the appointment of members of the Supervisory Board, the large majority of the eligible voters agreed with the proposed candidates. At the constituent meeting of the new Supervisory Board that took place after the AGM, Robert Koehler, 64, was re-elected as the Chairman of the Heidelberg Supervisory Board until 2018. Shareholders also voted on a further four resolutions with a clear majority.
    The Supervisory Board will comprise only twelve members in the future in accordance with the Memorandum and Articles of Association and the German Co-Determination Act (Mitbestimmungsgesetz). The members who represent shareholders were to be elected by the AGM as set out in the German Stock Corporation Act (Aktiengesetz) regulations. The six employee representatives were elected as set out in the German Co-Determination Act during a separate procedure prior to the AGM. The new term of office begins when the AGM ends on July 23, 2013.
    (Heidelberger Druckmaschinen AG)
     
    31.07.2013   Pratt Industries Conyers Mill Produces Its 6 Millionth Ton of 100% Recycled Paper     ( Company news )

    Company news Pratt Industries has just celebrated another major milestone – its Conyers mill has produced its 6 millionth ton of 100% recycled paper.
    The Conyers facility, the first Pratt-built mill in the USA, reached the landmark number on July 24th – 18 years after start-up. Ironically, the 6 millionth ton was 26-pound – as was the first ton back in 1995.
    Since then, the mill has saved the equivalent of more than 100 million trees and prevented 480 million truck loads of discarded paper from possibly going to landfill.
    Pratt CEO Brian McPheely extended a company-wide “well done” to the Conyers team.
    “This is another great day for both Pratt Industries and all the people who have worked at the mill over the years,” he said. “Congratulations to you all. Wow! Over 6 million tons of paper – well done and thank you!”
    Mill manager Allen Bowdler echoed those sentiments, saying the milestone was a tribute to hard work and dedication.
    “This type of achievement is a reflection of the dedication and effort put forth by all of the Pratt Paper 12 team members, past and present,” he said. ”It’s my honor to have been part of this team and I couldn’t be more proud of all those who contributed.”
    (Pratt Industries)
     
    31.07.2013   SCA Interim Report Q2 2013    ( Company news )

    Company news JANUARY 1–JUNE 30, 2013 (compared with same period a year ago)

    Picture: President and CEO Jan Johansson

    -Net sales rose 12% (19% excluding exchange rate effects and divestments) to SEK 44,531m (39,763)
    -Operating profit excluding items affecting comparability rose 11% (16% excluding exchange rate effects) to SEK 4,361m (3,939)
    -Profit before tax, excluding items affecting comparability, rose 18% (22% excluding exchange rate effects) to SEK 3,884m (3,292)
    -Items affecting comparability amounted to SEK -791m (-410)
    -Earnings per share were SEK 3.22 (3.58)
    -Cash flow from current operations was SEK 1,997m (3,067)

    CEO’S COMMENTS
    The hygiene operations are showing higher sales and earnings. The decrease in earnings for Forest Products is mainly attributable to lower prices and negative exchange rate effects as a result of the stronger Swedish currency.
    The efficiency programs in the hygiene and forest products operations are continuing according to plan.
    Consolidated net sales for the first half of 2013, excluding exchange rate effects and divestments, rose 19% compared with the same period a year ago. The increase is mainly attributable to acquisitions and higher volumes in the hygiene operations. Operating profit excluding items affecting comparability and exchange rate effects rose 16%. Acquisitions, higher volumes, lower raw material costs and cost savings contributed to the earnings improvement. The corresponding profit for Personal Care and Tissue rose 17% and 37%, respectively, while profit for Forest Products decreased by 34%. Profit before tax, excluding items affecting comparability and exchange rate effects, rose 22%.
    Consolidated net sales for the second quarter of 2013, excluding exchange rate effects and divestments, rose 18% compared with the same period a year ago. The increase is mainly attributable to acquisitions and higher volumes in the hygiene operations. Operating profit excluding items affecting comparability and exchange rate effects rose 5%. Acquisitions, higher volumes and cost savings contributed to the earnings improvement. The corresponding profit for Personal Care and Tissue rose 3% and 33%, respectively, while profit for Forest Products decreased by 42%. Profit before tax, excluding items affecting comparability and exchange rate effects, rose 11%.
    In connection with SCA’s acquisition of Georgia-Pacific’s European tissue operations in 2012, the European Commission set conditions for certain divestments of consumer tissue businesses. The European Commission has now approved all of SCA’s divestments. The businesses in question represent combined sales of approximately EUR 200m.
    (SCA Svenska Cellulosa Aktiebolaget)
     
    31.07.2013   Double A Alizay mill exports ‘made in France’ paper to Dubai, UAE    ( Company news )

    Company news After the successful recommissioning, Double A Alizay is now producing and exporting high quality paper that matches the Double A quality standards to key markets in Europe, the Middle East and North Africa.

    “The first consignment to the Middle East is a proof of a successful restart and we are proud of this achievement”, said Thirawit Leetavorn, Double A Senior Executive Vice President, who also shared that this achievement is the fruit of a very good team work and positive spirit of French and Thai teams at all levels.

    Six containers of high quality paper were shipped out of the Port of La Havre end of July and are expected to reach the Port of Jebal Ali in Dubai by third week of August. More shipments out of Alizay to other Double A key markets will soon follow.

    “This is just the beginning of our commitment to growing the brand in Europe by making France our production base. France is a strategic location and Double A’s acquisition of Alizay is a strategic move to strengthen our global reach and to get closer to our customers”, added Mr. Leetavorn.

    Double A Alizay mill has begun producing premium quality paper brands four months after the signing of the deal with the Conseil General de l’Eure. All of this high performance coated and uncoated papers are produced using short fiber from KHAN-NA, Double A’s sustainable pulp from Thailand.
    (Double A (1991) Public Company Limited)
     
    31.07.2013   Data Monitoring: Easy, versatile and precise     ( Company news )

    Company news The T&D Corporation releases a new data logger model for the European market to facilitate CO2 measurements inside manufacturing plants and public or agricultural buildings.

    The wireless CO2 recorder RTR-576 from T&D Corporation is a three-channel data logger designed to simultaneously measure and record CO2 concentration, temperature and humidity. Monitoring CO2 levels enables users to identify under-ventilated areas – the source of most air quality complaints – and allows the necessary steps to be taken to maintain optimum air quality. The logger can also help to identify energy saving options in over-ventilated spaces.

    With its internal NDIR sensor, the new model achieves CO2 measurements from 0 to 9,999 parts per million. Automatic atmospheric pressure adjustment for each location ensures that CO2 measurements are stable and accurate. Humidity and temperature from 0 to 99 per cent relative humidity and -30 to 80° Celsius are captured by a high precision sensor. The data logger can store up to 8,000 data sets at arbitrarily chosen intervals, and its specialist software enables data from all three channels to be viewed simultaneously in graph or table form. The RTR-576 also features flexible recording and battery operation.

    In combination with a networked RTR 500 series base station, the RTR-576 enables users to upload current readings to the T&D WebStorage Service and to monitor them via a PC or mobile device from anywhere in the world at any time. The necessary software and a storage capacity of up to 20 MB on the company owned server come free of charge. Depending on the base station model and data collector being used, communication via USB or LAN networks is possible.

    There is growing awareness throughout Europe of the need to monitor CO2 levels within buildings to help determine indoor air quality (IAQ), and recommended guidelines exist for public buildings such as schools and office facilities. Areas with poor ventilation can lead to an increase in CO2 levels, which can cause concentration disorders as well as health problems. Monitoring CO2 and climatic conditions like temperature and humidity is also important for buildings that house valuable goods, such as museums, greenhouses, processing areas and livestock barns.
    (T&D Corporation European Sales Office)
     
    30.07.2013   SinoCPMC and PMT Italia will supply the new Liner machine to SiHai Paper Co. in ...    ( Company news )

    Company news ... Fuzhou, JiangXi China

    China Paper Machinery Corporation, part of the Sinolight Corporation, selected PMT Italia as partner to supply the new liner machine to SiHai Paper Co. in Fuzhou, JiangXi province in China.
    PMT Italia will supply the dilution headbox ÆGO™STREAM S, the shoe press ÆGO™FLX SHOE, ÆGO™FLX COUNTER ROLL, as well as additional engineering related to other parts. CPMC will engineer the remaining parts of the project and manufacture these parts in CPMC’s very modern new manufacturing plant in China.
    PMT and CPMC have assigned a specific team made by Italian and Chinese engineers to work together with SiHia Paper papermakers.
    The project consist in a green field new 6,2m machine to produce Test Liner and Fluting from recycled fibers.
    Paper machine startup is forecasted in the second quarter of 2014.
    (PMT Italia S.p.A.)
     
    30.07.2013   Clearwater Paper Reports Second Quarter 2013 Results    ( Company news )

    The company reported net sales of $471.0 million for the second quarter of 2013, compared to net sales of $473.6 million for the second quarter of 2012. Net earnings for the second quarter of 2013 were $11.7 million, or $0.52 per diluted share, compared to net earnings of $21.5 million, or $0.91 per diluted share, for the second quarter of 2012. Net earnings for the 2013 period included a $1.1 million benefit associated with the mark-to-market impact of directors' equity-based compensation and $1.0 million of expense associated with the announced closing of the company's Thomaston, Ga., converting and distribution facility. Excluding those items, second quarter 2013 net earnings were $11.6 million, or $0.51 per diluted share. For the second quarter of 2012, excluding $1.0 million of expenses associated with the Metso litigation, a $1.0 million loss associated with the sale of legacy Cellu Tissue foam manufacturing assets and $0.3 million of expense associated with the mark-to-market impact of directors' equity-based compensation, net earnings were $23.0 million, or $0.97 per diluted share.
    Earnings before interest, taxes, depreciation and amortization, or EBITDA, was $53.0 million for the second quarter of 2013. Adjusted EBITDA of $52.8 million was down 20.6% compared to second quarter 2012 Adjusted EBITDA of $66.5 million. The decrease in EBITDA and Adjusted EBITDA was due to higher transportation and purchased paper costs in the Consumer Products segment as a result of the through-air-dried (TAD) transition, as well as overall higher energy, wages and benefits, and maintenance costs.

    "Our focus on internal execution in tissue and strong fundamentals in paperboard drove the quarter's solid progress in EBITDA. Our new TAD tissue facility in Shelby, N.C., continues to ramp up consistent with our expectations," said Linda Massman, president and chief executive officer. "As a result, we continue to anticipate achieving our $300 million adjusted EBITDA target in 2014."

    During the second quarter, the company repurchased approximately 205,000 shares of common stock at a total cost of $9.8 million pursuant to its previously announced $100 million share buyback program. Since announcing the program in January, the company has repurchased approximately 1.0 million shares. The company expects to use the balance of its overall $100 million share repurchase program by the end of 2013.

    SECOND QUARTER 2013 SEGMENT PERFORMANCE
    Consumer Products
    Net sales in the Consumer Products segment were $289.7 million for the second quarter of 2013, up 2.3% compared to second quarter 2012 net sales of $283.1 million. The increase was primarily attributable to higher selling prices, with volumes flat year over year. Operating income decreased to $14.8 million from $25.7 million in the prior year period, driven primarily by short-term transition costs of $4.2 million associated with the company's TAD expansion. Operating income was also adversely impacted by expenses related to the announced closure of the company's Thomaston facility, higher energy and packaging costs, and increased depreciation year over year.
    Tissue sales volumes of 132,057 tons in the second quarter of 2013 were roughly flat compared to the second quarter of 2012. Retail tons and converted product cases shipped increased 3.5% and 3.8%, respectively, with non-retail tons dropping 5.7% during the second quarter of 2013.
    Average net selling prices increased 3.1% to $2,194 per ton in the second quarter of 2013 compared to the second quarter of 2012, due to increased TAD sales, improved mix, and parent roll and away-from-home price increases during the second quarter of 2013.
    TAD transition costs included increased transportation, manufacturing and outside purchased paper costs associated with the increased conventional tissue sales the company took on to help offset the displacement of conventional sales expected by the ramp up of the company's new Ultra TAD bathroom tissue product in 2013.

    Pulp and Paperboard
    Net sales in the Pulp and Paperboard segment were $181.3 million for the second quarter of 2013, down 4.8% compared to second quarter 2012 net sales of $190.5 million. The decrease was primarily due to lower paperboard volumes driven by short-term production issues and lower pricing in the second quarter of 2013 compared to the second quarter of 2012. Operating income for the quarter decreased $7.2 million to $24.8 million, compared to $32.0 million for the second quarter of 2012, primarily due to higher energy and employee costs as well as operational disruptions at the company's Arkansas facility in the second quarter of 2013.
    Paperboard sales volumes decreased 1.4% to 190,518 tons in the second quarter of 2013, compared to the second quarter of 2012.
    Paperboard net selling prices decreased 3.0% to $946 per ton compared to the second quarter of 2012 as a result of competitive pressures across most product segments.
    An electrical disruption and operational issues with maintenance and repairs performed on the recovery boiler in Arkansas in the second quarter of 2013 resulted in increased costs of approximately $2.9 million during the quarter.

    Taxes
    The company's effective tax rate for the second quarter of 2013 was a provision of 37.4%, compared to a provision of 39.2% in the second quarter of 2012. The lower effective rate was primarily the result of a return to provision true up partially offset by interest accrued on uncertain tax positions in the reporting period. The company expects its annual effective tax rate to be approximately 38% for 2013.

    Note Regarding Use of Non-GAAP Financial Measures
    In this press release, the company presents its results for the second quarters of 2013 and 2012, including EBITDA, Adjusted EBITDA, adjusted net earnings and adjusted net earnings per diluted share excluding special items. These amounts are not in accordance with generally accepted accounting principles (GAAP), and accordingly reconciliations to net earnings and net earnings per diluted share as determined in accordance with GAAP are included at the end of this press release. The company presents these amounts because management believes they assist investors and analysts in comparing the company's performance across reporting periods on a consistent basis by excluding items that the company does not believe are indicative of its core operating performance.
    (Clearwater Paper Corporation)
     
    30.07.2013   KBA takes over Kammann Maschinenbau GmbH in Bad Oeynhausen    ( Company news )

    Company news Further expansion into the growing packaging market

    Picture: Kammann’s headquarters in Bad Oeynhausen, Germany

    Following the planned takeover of Flexotecnica, an Italian press manufacturer active in the growing print market for flexible packaging (film) in February, Koenig & Bauer (KBA) now announces a further acquisition in a luxury segment of the packaging printing sector.
    KBA is continuing its successful niche strategy with the majority takeover of Kammann Maschinenbau GmbH in Bad Oeynhausen, Germany. The world’s second-largest press manufacturer aims to expand into this growing market to counteract the shrinking sales volume of web presses for publications heavily affected by the advance of online media.
    Koenig & Bauer takes over 85% of Kammann Maschinenbau GmbH. The previous majority shareholder, private equity firm Perusa in Munich, has successfully restructured and realigned this medium-sized press manufacturer over the last years. Kammann’s two managing directors will continue to hold a 15% stake. All parties have agreed not to disclose any further details concerning the takeover at this time. The acquisition is still subject to minor formal conditions.
    Kammann mainly offers presses for decorating hollow containers made from premium-quality glass, plastic and metal. Along with screen printing, Kammann’s precise and flexible transport systems can also be equipped with hot-stamping, digital printing and decorating processes. The company also has a substantial service business. In systems for directly decorating glass containers Kammann is the global market leader. The firm, which has almost no own production facilities, was founded in 1955 and has a total of 175 employees. In 2012 it generated annual sales of over €30m ($39m) and posted a net profit.
    Directly decorated glass containers are mainly used for cosmetics, perfume and spirituous beverages in the top price class. Premium glass packaging is a growing business even in threshold countries, such as China, Brazil and Russia. It is regarded as a differentiation medium and is continually gaining importance as a status symbol compared to cheaper alternatives. Market forecasts predict above-average growth for this segment. From a process point of view, direct printing with high-quality screen printing systems is the most challenging and costly finishing method due to the mechanic handling of different forms of glass containers. These technological demands prevent newcomers from entering this luxury segment which is serviced by very few manufacturers. On supermarket shelves directly decorated glass containers for premium perfume or beverage brands compete with more simply labelled containers for cheaper brands. These are often undervalued by customers looking for luxury goods. While direct printing of containers is a new territory for KBA, the group is already well-established in some areas of label printing and other packaging forms. Management therefore views this acquisition as a useful addition.
    (Koenig & Bauer AG (KBA))
     
    30.07.2013   Ence saw its profits rise by 90% in the first half thanks to the strong performance of ...    ( Company news )

    Company news ...the pulp business

    Strong international growth in demand drives up the price of pulp
    -Ence has taken advantage of the demand in the pulp market, in which it continues to improve its market share, to increase its net profit to €30 million between January and June.
    -The growth of demand in the USA (+7.7%), Europe (+2.2%) and Japan (+4.4%) has driven up the average price of pulp to 820 dollars, 9% higher than the average for the same period in the previous year.
    -Pulp sales grew by 10% compared to the first half of 2012, to €309 million.
    -Ence has closed the first six months of the financial year with a share of 15.9% in the European market, 130 base points higher than in the first half of 2012.
    -Despite the difficulties of the exercise, Ence adjusts their costs and improve its efficiency thanks to the cost-cutting efforts and the progress made by the company in the implementation of its management model.
    -The addition of the Huelva biomass plant has allowed Ence to increase its income from electricity sales by 30%, to reach €125.4 million. Total sales of electricity stood at 932 million kWh.
    -Ence has reduced its net financial debt by 47% since June 2012, to reach €88 million, thanks to the sale of the assets in Uruguay, the good operating result and the reduction in working capital.

    Ence has ended the first half of 2013 with a net profit of €30.3 million, 90% higher than in the same period in 2012. The company has taken advantage of the strong performance of the international pulp market, in which it has continued to increase its market share, and it has also benefited from the contribution made by the new Huelva biomass power plant.
    The strong performance of the group's accounts, with an increase of 12% in total income to €439.2 million, has also allowed for a significant reduction in net financial debt with recourse, by 47%, from €166.8 million in June 2012 to €87.8 million at the close of the first half of the current financial year. As a result, and also thanks to the issuing of senior secured notes for €250 million in January, Ence has reinforced its position as the most financially healthy and solvent company in its sector.
    EBITDA during the period increased by 43% compared to the first half of 2012 to reach €91.8 million. The cash-cost stood at €357/t (+5%) due to the impact of the electricity regulations, although this improved by 1% compared to the previous quarter thanks to the active management of costs, improvement of efficiency and the progress made by the company in implementing its business model.

    Ence, European leader in the pulp sector
    Ence has increased its volume of sales of pulp in the first half by 5%, from 600,775 tons in 2012 to 628,048 in the current year. This increase is largely due to the growth in production at the plants in Huelva (+10%) and Navia (+4%). Of this total volume, Ence sent 584,000 tons to the European market, giving it a market share of 15.9%. This was an increase of 130 basis points compared to the close of the first half of 2012, with an increase in the number of customers in Europe of almost 9%, to 149.
    In the first half of the year Ence took advantage of the strong growth in the price of pulp in the international markets, which has been driven up by the international growth in demand for pulp, with significant growth in the USA (+7.7%), Europe (+2.2%) and Japan (+4.4%). The strength of the market allowed the average price for the sales of pulp to rise to $820/t, an increase of 9% compared to the average for the first half of the last financial year.
    The slight correction in pulp prices in July, largely caused by the seasonal effect of the stoppages for maintenance in many international paper plants, will be limited by the low inventory levels globally, particularly in Europe, the main market for Ence. European customer inventories are at an historic low of 19 days.
    The increase in the volume of sales, also made at a higher price, led to an increase in the income from the pulp business in the first half of 2013, rising to €309.5 million, 10% higher than in the first half of 2012.

    Huelva has boosted the energy business
    Ence increased its sales of electricity to June by 30%, to reach €125.4 million. This was due in part to the increase in the sale price, by 4%, but mostly to the activity of the Huelva biomass plant, which helped to increase the volume of electricity sales by 23%, after reaching 932 million kWh.
    The sale of electricity from Huelva 50MW reached 186 million kWh, a rate that, if it were to continue to the end of the financial year, would lead to annual sales exceeding the 287 million kWh initially forecast for the financial year. The main motives are the lower own-consumption (10% compared to the initial forecast of 13%) and the higher utilisation ratios, over 90%.

    The most financially healthy and solvent company in the sector
    Ence closed the first half of 2013 with a net financial debt with recourse of €88 million. This was a reduction of 47% compared to the close of June 2012 and of 23% compared to the close of the first quarter of 2013. The main drivers of this reduction were the strong cash generation in the pulp business and the disinvestments, particularly the sale of the assets in Uruguay, leading to income of €59 million. Total net financial debt, including project finance, fell by 14% to €191 million.
    With these figures, Ence has reinforced its position as the most financially healthy and solvent company in its sector internationally, with a net financial debt with recourse/EBITDA ratio for the last 12 months of 0.5 times. This position was partly due to the issuing of long-term secured notes in January of this financial year, which allowed it to repay the existing bank debt and extend the maturity profile of the debt. As a result of this issue, and the repayment of the existing debt (with the exception of €11 million in loans from public entities at reduced interest), there are no significant maturities until the 2020 financial year.
    (Grupo Empresarial ENCE S.A. Divisíon de Celulosa)
     
    30.07.2013   News of 2013 China International Paper Technology Exhibition    ( Company news )

    Company news The “2013 China International Paper Technology Exhibition and Conference”(2013 CIPTE) will be held in Beijing National Agricultural
    Exhibition Centre on September 23 to 25 , 2013. The exhibition is jointly organized by China Paper Association, China Technical Association of Paper Industry and China National Pulp and Paper Research Institute. With 13,000 square meters of exhibit space, the exhibition contents including: pulping and papermaking mechanical equipments, components, accessories, automation equipments and instruments; all kinds of commercial pulp, paper and paperboard; waste paper and waste paper-using technologies and equipments, etc.; papermaking chemicals; new technologies and equipments for environmental protection, energy saving, emission reduction and comprehensive application; raw materials and equipments for specialty paper.
    At present, the enlistment work is implemented smoothly, and many most influential companies in papermaking industry both at home and abroad have been ocially signed agreements to participate the expo, account for about 90% of the exhibit space.
    During the exhibition period, China Technical Association of Paper Industry will hold "2013 China Paper Technical Conference". The conference will make reports on China's economic trends and the status of China's paper industry from a macroeconomic point, as well as the hot topics and advanced technologies of China's paper industry, communicated with colleagues.
    (China Paper Association)
     
    29.07.2013   EFI Reports All-Time Record Revenue for the Second Quarter of 2013    ( Company news )

    Company news Revenue of $180M up 10% as More Customers Turn to EFI for a Competitive Edge

    Picture: Guy Gecht, Chief Executive Officer

    Electronics For Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, announced its results for the second quarter of 2013.
    For the quarter ended June 30, 2013, the Company reported record revenue of $180.3 million, up 10% compared to second quarter 2012 revenue of $163.9 million. Second quarter 2013 non-GAAP net income was $18.3 million or $0.38 per diluted share, compared to non-GAAP net income of $14.2 million or $0.30 per diluted share for the same period in 2012. GAAP net income was $9.4 million or $0.20 per diluted share, compared to $7.0 million or $0.15 per diluted share for the same period in 2012.
    For the six months ended June 30, 2013, the Company reported revenue of $351.7 million, up 9% year-over-year compared to $324.0 million for the same period in 2012. Non-GAAP net income was $34.0 million or $0.71 per diluted share, compared to non-GAAP net income of $28.3 million or $0.60 per diluted share for the same period in 2012. GAAP net income was $17.8 million or $0.37 per diluted share, compared to GAAP net income of $13.2 million or $0.28 per diluted share for the same period in 2012.
    "We could not have been more delighted with the record results the EFI team delivered in the second quarter as our product innovation continues to drive demand across our three segments," said Guy Gecht, CEO of EFI. "We look to maintain this momentum into the third quarter as customers increasingly turn to EFI to make their businesses more competitive."
    (efi Electronics For Imaging Inc.)
     
    29.07.2013   Pro Carton/ECMA Award 2013: record participation!    ( Company news )

    Company news Picture: Wilfried Duivenvoorden (Unilever), Stan Akkermans (Mars), Peter Klein Sprokkelhorst (Advisor of the Jury), Satkar Gidda (SiebertHead, Chairman of the Jury), Anne Harding (Marks & Spencer)

    The jury of the Pro Carton/ECMA Awards met recently and first impressions were very positive: with 49 companies and over 100 entries from 11 countries, more companies than ever before have participated, and not only from the carton industry, but the entire Packaging Supply Chain – 14 of which were absolute newcomers! In August, the finalists will be presented here on the E-news and the Pro Carton website. The prizes will be awarded on 19. September as part of the ECMA Congress in Dubrovnik.
    The interest in the Award for outstanding cartons has increased yet again. The Award attracts a broader base every year, with more participants from the carton industry and other sectors of the Packaging Supply Chain.
    It is important for Pro Carton to have all partners of Supply Chain involved – both as entrants as well as on the jury. This year too, the jury reflects the various positions of the Packaging Supply Chain. This allows the jurors to follow the entire pathway of a packaging, from the manufacturer to the shopping cart:
    -Satkar Gidda (SiebertHead) again took on the jury's chair and covered the design aspect.
    -Stan Akkermans (Mars) again represented the brand owners.
    -Wilfried Duivenvoorden (Unilever) joined the jury as a new member and covered aspects of the branded goods industry.
    -Anne Harding (Marks & Spencer) was also new to the jury and added many new impulses to the discussions as an expert on the retail trade.
    -Peter Klein Sprokkelhorst (packaging industry) again provided the jury with expert advice on the technical subtleties oft he entered cartons in his reliable style.

    Most noticeable this year, were the numerous outstanding combinations of sophisticated marketing concepts and exciting structural design. QR codes are also becoming standard elements on packaging.
    The submitted solutions demonstrated an unbelievable diversity of surface designs: and caertonboard offers so many more options than any other packaging material.
    (Pro Carton - The European Carton Promotion Association)
     
    29.07.2013   Mondi ranks first in mill performance in the EMGE cut-size survey 2013     ( Company news )

    Company news Color Copy (picture) also ranks first in brand awareness for colour applications in Europe

    International packaging and paper group Mondi ranks again first in mill performance with their Uncoated Fine Paper mills in the new EMGE cut-size industry survey for 2013. According to EMGE, a paper industry consultant in Europe, Mondi could even improve its top rating in 2011. For colour applications in Europe, Color Copy ranks first in brand awareness with more than double the mentions (48%) than the brand ranked second (22%), underpinning Color Copy’s position as a leading brand in the market. Snegurochka is likewise the best known brand in Russia, mentioned by 87% of all Russian participants. Four other Mondi brands were also listed among the top 10 in Russia.
    “We are really pleased with the results of the EMGE survey, particularly our mill performance being ranked first. But also the fact that Mondi UFP is the top scorer on what was ranked overall as the single most important factor in Western Europe – namely the reliability of delivery – was a confirmation of our efforts this past year,” said Johannes Klumpp. In terms of environmental policy, also a highly ranked criterion in Western Europe, Mondi was ranked 2nd. Mondi UFP’s outstanding customer service level was rated highest in Eastern Europe, where this criterion is ranked among the most important.
    The EMGE Mill and Mill/OEM Brand Benchmarking Survey covers the image of white cut-size paper mills and mill brands in Western and Eastern Europe in 2013. This report presents the results of an interview survey among the trade (Merchants, OEMs, Office Stationary Distributors) of the image of white cut-size paper mills and mill brands in Europe. The research focuses on mills and mill brands, awareness, factors of importance and product/mill performance.
    “It is the right way to go - to excel at what is important to the customers: reliable delivery of the right products with a strong environmental profile and excellent customer service – and we intend to continue doing so,” concluded Mr. Klumpp.
    (Mondi Europe & International Division)
     
    26.07.2013   Lithuania's GRIGISKES starts construction of new Toscotec tissue line    ( Company news )

    Company news Implementing the expansion of its paper business, Grigiskes AB has recently signed a contract with Toscotec for a new tissue line with a maximum capacity of 110 tpd.
    Grigiskes AB company group is one of the leading regional player, operating in pulp and paper, packaging and wood industries, employing around 900 employees, with a yearly turnover of EUR 84 Mio. Grigiskes AB is Lithuania’s only producer of tissue products, working in this type of business for 190 years.
    Company’s history counts since 1823, when the first paper manufactory was founded in Kuckuriskes that later years was incorporated into Grigiskes Group. Through many years the company was expanding and grew up into the biggest pulp and paper manufacturer in the Baltic Region. Today, Grigiskes Paper Mill is a private company belonging to the Grigiskes AB Group, operating 3 PMs with an annual tissue paper production of 28,000 tons.
    Grigiskes owns the brands called GRITE and GRITE PROFESSIONAL. Today, Grite is a renowned brand not only in Lithuanian market, but in all the surrounding countries as well. The focus of the brand is to create cosiness, comfort and safety to the consumer.
    Grite has a wide variety of consumer hygienic paper and away-from-home products: toilet paper, towels, napkins, handkerchiefs, folded towels, wiping paper, etc.
    With a market share of 41% for toilet paper and 33% for kitchen towels in Lithuania, this company exports more than 60% of production to 22 countries worldwide.
    In early 2011 the Company has already modernized the dry section of existing TM5 with the installation of a Toscotec Steel Yankee Dryer TT SYD-4200MM. The project was successful, with a 25% of energy savings and 40% of capacity increasement. The good cooperation between the two companies has driven the decision to continue with this new order.
    The new Toscotec’s line includes AHEAD-1.5S crescent former tissue machine with single-layer headbox, single press configuration and a Steel Yankee Dryer (TT SYD-15FT), machine auxiliaries including vacuum pumps, stock preparation plant for virgin pulp and electrification & control system. Milltech, Toscotec associate will be also deep involved in the project providing a natural gas heated hood with three stages heat recovery system, machine dust and mist removal system, hall ventilation system.
    A two unwind stands tissue slitter rewinder TT WIND-M and an automatic roll handling system complete the supply.
    The machine design speed is 1900 mpm with a net web width of 2750 mm. The project will be managed by Toscotec on an EPC (Engineering and Procurement) basis.
    The turnkey project will be focused on energy savings and low emission concepts with a great attention to the environmental issues. “For us, the environment is a main issue. We have been trying to reduce CO2 production for some years now, and we always remember that respect for the environment is an issue that many people have at heart in our country. So these are the main reasons why we recognize in Toscotec the right partner for our continuous growth” said Mr. Pangonis, President of Grigiskes Company Group.
    (Toscotec S.p.A.)
     
    26.07.2013   H M The Queen unveils innovative technology for recycling disposable coffee cups    ( Company news )

    Company news Picture: Patrick Willink (Operations Director) & Phil Wild (CEO) showing HM The Queen around the new facility.

    Until now, the plastic content of cups has made them unsuitable for use in papermaking. In the UK alone, an estimated 2.5 billion paper cups go to landfill. James Cropper’s recycling technology separates out the plastic incorporated in the cups leaving paper pulp that can be used in the highest quality papers.
    The new facility was being inaugurated by Her Majesty The Queen who is visiting James Cropper’s HQ in the English Lake District alongside Her Royal Highness, The Princess Royal.
    Disposable cups are made up of between 90 - 95% high strength paper with a 5% thin coating of polyethylene (plastic). After four years of development, James Cropper can now not only recycle the fibre content in cup waste but also recycle the plastic coating, giving a sustainable solution to the global problem of disposable cup waste.
    The process involves softening the cup waste in a warmed solution, separating the plastic coating from the fibre. The plastic is skimmed off, pulverised and recycled, leaving water and pulp. Impurities are filtered out leaving high grade pulp suitable for use in luxury papers and packaging materials.
    Mark Cropper, Chairman of James Cropper plc, said: “Cup waste is a rich source of high grade pulp fibre, but until now the plastic content made this product a contaminant in paper recycling . Our technology changes that and also addresses a major environmental waste problem and accompanying legislation. We are greatly honoured that Her Majesty The Queen and The Princess Royal are joining us on the occasion of our new plant opening. There is no more fitting way to celebrate this pioneering development”
    Phil Wild, CEO of James Cropper plc added: “This is the latest in a long history of innovation that has kept James Cropper ahead of the game for nearly 170 years and six generations. We were one of the world’s first producers of coloured papers, today the preferred choice for packaging of numerous global luxury brands, from fashion houses and champagne producers, such as Krug, to smartphone giants and department stores like Selfridges. We were also a pioneer in the production of paper-like non-woven materials from carbon and other fibres.”
    (James Cropper Speciality Papers Ltd)
     
    26.07.2013   Successful Start-Up of the Greenpac Containerboard Mill    ( Company news )

    Company news Cascades Inc. (CAS:TSX), a leader in the recovery and manufacturing of green packaging and tissue paper products, is pleased to announce that Greenpac Mill LLC (Greenpac), manufactured its first roll of lightweight linerboard yesterday at its new ultra-modern containerboard mill. Greenpac is a corporation created by Cascades in partnership with the Caisse de dépôt et placement du Québec, Jamestown Container and Containerboard Partners.
    From the very beginning of the project in 2011, the construction of the mill was entrusted to Norampac, a division of Cascades, and the start-up took place on July 15, 2013 as planned under the initial schedule for the project. Norampac is also responsible for the management of Greenpac's operations.
    Located in Niagara Falls in the State of New York, this state of the art mill has created 118 jobs in the region. Considered as the most advanced in its category in North America, Greenpac produces a lightweight linerboard, made of 100% recycled fiber, on a 328-inch machine (8.33 meters), with an annual production capacity of 540,000 short tons.
    “The start-up of this new mill is a proud moment for Cascades. Equipped with the most advanced technology, this machine will enable us to better meet the needs of our customers.”, said Mr. Marc-André Dépin, President and Chief Executive Officer of Norampac. “After two years of intensive construction activity, we are anxious for the opportunity to finally be able to demonstrate the possibilities of the quality products that we will be able to offer.”, added Mr. Dépin.
    Greenpac Mill was designed for optimal energy efficiency and with many automated operations. The water is treated and reused in order to reduce consumption as much as possible. In addition, the water treatment system generates gases that are used for steam production, to dry the paper.
    “The Greenpac start-up confirms Cascades' long term commitment in the Containerboard sector, as well as our willingness to invest for the future.”, said Mr. Alain Lemaire, Executive Chairman of Cascades' Board of Directors. “Greenpac is the most important investment in the history of Cascades. It symbolizes the future of this company we founded nearly 50 years ago. Thanks to the audacity and leadership of the Norampac team, we are realizing a major project that will take our company to another level in packaging.”, added Mr. Lemaire.
    According to Mr. Mario Plourde, President and Chief Executive Officer of Cascades: “In 2011, we announced our intention to orient our investments towards the modernization of our assets. Greenpac is the cornerstone of Norampac's strategic plan which, like the other Cascades groups, works towards providing the company with modern and competitive equipment.”
    Cascades and Norampac wish to thank all of their employees and suppliers who worked on this important project during the last few years. “Thanks to their efforts, the members of the Greenpac team have greatly contributed to the realization of a dream we have had for a very long time.”, mentioned Mr. Dépin. He added: “We also want to thank our partners, namely the Caisse de dépôt et placement du Québec, Jamestown Container and Containerboard Partners.”
    The company also wishes to underline the important contribution of several actors in the carrying out of this project, namely Metso, the State of New York, the Empire State Development, the City of Niagara Falls, The Niagara County Industrial Development Agency, the New York Power Authority, and the New York Department of Environment Conservation.
    Now that the mill has successfully passed the crucial start-up step, it will now enter the ramp-up phase in which it will gradually increase its production until it reaches maximum production capacity. Partners, officials and the media will be invited to an official opening ceremony which will take place at a later date.
    (Cascades Inc.)
     
    26.07.2013   Italian folding carton manufacturer IVAL uses large-format press from Heidelberg to ...    ( Company news )

    Company news ...manufacture premium packaging

    Picture: Alfio Bernini (center), owner of the Italian packaging print shop IVAL, is happy together with his son Nicola Bernini und his daughter Corinna Bernini about the investment in a Heidelberg Speedmaster XL 145.

    -First Speedmaster XL 145 in Italy
    -Comprehensive tests satisfied stringent requirements for productivity and quality
    -Best gloss results on the market in inline primer/UV production
    -Further growth planned - production soon to start in new building

    Maximum productivity and quality were the order of the day when Italian packaging print shop Litocartotecnica IVAL S.p.A (IVAL) set out to invest in a new large-format press. After carrying out comprehensive tests on machines from a range of suppliers, the company opted for the Speedmaster XL 145 from Heidelberger Druckmaschinen AG (Heidelberg). The seven-color press with dual-coating configuration and UV technology - the first of its type in Italy - is currently being installed at the print shop's new building in Mantova, near Verona, where it will be run alongside two presses from another German manufacturer. "We had put together tricky jobs with three different brown shades," explains Nicola Bernini, who owns IVAL. "The Speedmaster XL 145 printed these applications at a speed of 15,000 sheets per hour and produced consistent and stable high-quality results. In other words, it did exactly what industrial packaging printing requires." The press is elevated, equipped with a logistics system, and incorporates countless automation components designed to deliver the shortest possible makeready times. These components include the inline spectrophotometric measurement system Prinect InpressControl, which regulates color and register on the fly, thus ensuring that production can continue to run efficiently despite frequent job changes. This also significantly reduces paper waste, which translates into a major cost saving, particularly in the premium packaging sector, and supports the print shop's environmental commitments.
    IVAL was established in 1954 and currently has a workforce of 120 employees who handle print jobs for prestigious Italian food manufacturers. The company specializes in the use of low migration quality (LMQ) inks that are designed not to leach into foodstuffs. Average runs at the company amount to 12,000 to 13,000 sheets with grammages of between 290 and 400 grams per square meter. Employees work in two shifts.
    Best gloss results on the market in inline primer/UV production
    "To help us gain an extra edge on the competition and offer our customers products that are finished to an elegant standard, we opted for UV specifications," says Paolo Giacomobono, head of production at IVAL. "The Speedmaster XL 145 currently produces the best gloss results that we can get in inline primer/UV production." Top results are obtained by maximizing the distance that the UV coating on the primer travels before it is cured by the UV dryers - and the Speedmaster XL 145 has the longest dryer section of any large-format offset printing press on the market. These high gloss results are also achieved at high production speeds.
    (Heidelberger Druckmaschinen AG)
     
    26.07.2013   Norske Skog: Stable quarter, brighter prospects    ( Company news )

    Company news Picture: Sven Ombudstvedt, President and CEO of Norske Skog

    Somewhat better margins in the quarter due to seasonal variations in demand and lower costs per unit as a result of ongoing efficiency programmes. Price increases and sustained depreciation of the Norwegian krone will improve the revenue base going forward. The ongoing investments at Boyer and Saugbrugs are progressing as planned and will improve margins at both mills from 2014.
    - Despite falling demand, we are experiencing high capacity utilisation of our machines and overall improved margins. This shows that our employees manoeuvre the ship well. However, we will actively continue our efforts to cut costs and improve productivity, and if necessary, close or convert paper machines, says Sven Ombudstvedt, President and CEO of Norske Skog.

    Norske Skog's gross operating earnings (EBITDA) in the second quarter of 2013 were NOK 214 million, down from NOK 398 million in the second quarter of 2012. The decrease was primarily due to lower selling prices and volumes. Cash flow from operating activities was NOK -48 million in the second quarter and was lower than the second quarter of 2012. The decrease was primarily due to weaker operating margins.
    - Permanent capacity cuts of more than a million tonnes have been announced in Europe this year as a result of the fall in demand. This, combined with expected price increases in the second half, continued favourable exchange rate development and stable raw material costs, contributes to a brighter margin outlook, says Ombudstvedt.

    Net interest-bearing debt increased by NOK 159 million in the quarter, mainly due to the weaker Norwegian krone. The previously announced divestment of 51% of Pisa in Brazil for USD 41 million was completed, and the proceeds were received in the second quarter. The level of fixed costs was NOK 784 million in the first quarter, down from NOK 964 million in the second quarter of 2012.

    Active capacity management
    The company's investment projects are progressing according to plan. AUD 84 million (NOK 480 million) is being invested in connection with the conversion of a machine at Boyer in Australia from production of newsprint to catalogue paper, and NOK 220 million is being invested at Saugbrugs in Norway to reduce energy consumption and fixed costs.
    As previously announced, Norske Skog has temporarily stopped production from the end of June at one of three machines (PM2) at Skogn in Norway. Annual production capacity for this machine is 160 000 tonnes. Due to the lack of profitability of magazine paper, LWC production will be subject to a separate capacity assessment in the third quarter.

    Outlook for 2013
    Price increases from the third quarter, the weaker Norwegian krone and seasonally higher sales volumes will improve the revenue base in the second half. Variable costs are expected to remain largely unchanged, whilst fixed costs will decline somewhat as a result of ongoing cost reduction programmes. The deconsolidation of Norske Skog Pisa following the divestment of 51% of the mill will cause a decline in reported revenue and costs from the third quarter.
    (Norske Skogindustrier ASA)
     
    26.07.2013   EBRD funds first private mill for production of recycled cardboard in Turkmenistan    ( Company news )

    Loan of US$ 5 million will help Toprak build new facility to produce cardboard out of recycled paper

    The European Bank for Reconstruction and Development (EBRD) is extending a US$5 million loan to Toprak, a leading manufacturer of cardboard packaging in Turkmenistan. The loan proceeds will finance construction of a greenfield paper-making facility that will produce cardboard from recycled paper. The new mill will be the first private paper recycling facility in Turkmenistan.
    Toprak is the largest producer of cardboard boxes and other containers in the country. It supplies a range of cardboard packaging products to around 130 clients in diverse sectors of the Turkmen economy, from textiles to food, chemical and other industries. The company’s first major expansion, in 2010, was partially financed with a US$ 1.5 million loan from the EBRD, which funded the purchase of a new automated folding line.
    The new facility will be capable of producing up to 25 tonnes of paper per day. Toprak plans to sell a third of this output and use the remaining two-thirds for its cardboard packaging production. Producing its own cardboard from recycled waste paper will significantly reduce Toprak’s reliance on imported cardboard. The venture will also have an environmental impact, reducing pollution and recycling waste paper which would otherwise be burnt. The company plans to promote paper recycling in major Turkmen cities.
    “The EBRD’s main priority in Turkmenistan is to support the private sector, and we continue to provide assistance and financing to local manufacturers. This loan will enable our existing client Toprak to integrate its production cycle by using modern recycling technologies and know-how,” said Frederic Lucenet, The EBRD’s Director for Manufacturing and Services.
    In addition to the loan, the EBRD also provided the company with technical cooperation for legal and technical due diligence. The Bank also funded consultancy services from international experts, as there are currently no local experts in the cardboard and paper industry.
    Since the start of its operations in Turkmenistan in 1994, the EBRD has invested over €177 million across 41 projects in various sectors of the Turkmen economy, mobilising an additional €470 million from other sources of financing. Ten of those projects were in the manufacturing and services sectors.
    (European Bank for Reconstruction and Development)
     
    25.07.2013   Ahlstrom announces price increases for vegetable parchment materials    ( Company news )

    Company news Ahlstrom, a global high performance fiber-based materials company, announces price increases on its vegetable parchment materials produced by the Food and Medical business area. The price increases will be made to compensate for the continued high level of raw material costs as well as energy related inflation.
    The price increases will affect all vegetable parchment products worldwide and will be effective for all orders placed as of August 1, 2013. The increase will be up to 5% depending on markets as well as the product and the agreements in place.
    Ahlstrom's vegetable parchment products include food packaging materials for cooking, baking and wrapping. Food and Medical business area's main end-use applications are teabags, coffee filters, food packaging, baking papers, masking tape and surgical gowns and drapes.
    (Ahlstrom Corporation)
     
    25.07.2013   Leading North African Converter Invests In MarquipWardUnited TSKM Sheeter    ( Company news )

    Company news Picture:Left to right: Mehdi Alami, (Director, DICAPA), Frederic Duquenne, (MarquipWardUnited), Mohammed Alami,(President, DICAPA) and
    Steve Brimble (MarquipWardUnited)

    DICAPA, a leading board and fine paper converter in North Africa, has invested in a 1450mm TSKM sheeter from MarquipWardUnited. With this significant order, the Morocco-based company can further its aims to improve business with the highest technology available for the market. DICAPA currently has three other sheeters, but a need for improved performance lead the company to the TSKM.
    DICAPA made the final decision to purchase the TSKM at ICE Europe 2013 in Munich, Germany. The sheeter will ship this July and installation will take place the following month.
    “DICAPA is a key player in North Africa and we are proud to install the best cutting technology in Morocco,” says Frederic Duquenne, sales executive for Western Europe and Africa.
    The 1450mm maximum width dual rotary sheeter (also available in 1650mm) is equipped with one SSLD unwind for two webs, three slitters, the Marquip synchro knife and 1,500mm pile height stacker.
    The TSKM will mainly sheet board, but can sheet fine paper as well. DICAPA appreciated the flexibility of the MarquipWardUnited Sheeter and the possibility of future developments.
    “MarquipWardUnited has the best knife, with the best cut quality, no dust, in-machine blade sharpening, low maintenance, and local technical support from the MarquipWardUnited United agent at Graphic Evolution.” Stated, Mr. Mechiche Alami, Chairman of DICAPA.
    (MWU MarquipWardUnited Inc. Corporate Headquarters)
     
    25.07.2013   KapStone Completes Acquisition of Longview Fibre Paper and Packaging Inc.    ( Company news )

    Company news KapStone Paper and Packaging Corporation (NYSE: KS) announced that it has completed the stock purchase of Longview Fibre Paper and Packaging, Inc. ("Longview"). Longview, headquartered in Longview, WA, is a leading manufacturer of high quality containerboard, lightweight high performance multiwall paper, specialty Kraft papers, and corrugated products. Longview employs about 1,800 people.
    "Today we are welcoming Longview's team as the newest members of KapStone," stated Roger W. Stone, Chairman and Chief Executive Officer. "The Longview team orchestrated a transformation that is truly, in my experience, the most amazing that I've actually ever seen in my 55 years in the industry. We're thrilled and delighted to officially have them with us."
    Matt Kaplan, KapStone's President and Chief Operating Officer, further stated, "Longview continues to demonstrate their excellence by delivering outstanding results. In the second quarter, Longview's revenues and adjusted EBITDA of $228 million and $49 million, respectively, yielded an adjusted EBITDA margin of 20.7 per cent, one of the best in the industry. Even more notable was that they achieved these results despite incurring $4.3 million of expense for their once every five year planned mill maintenance outage performed in April. June was particularly strong as adjusted EBITDA for the month exceeded $19 million benefitting from the partial implementation in the quarter of the $50 per ton containerboard and associated box price increases."
    Funding for the acquisition came from borrowings under the $1.675 billion amended and restated senior secured credit facility led by Bank of America, Barclays Bank, and Well Fargo Bank. The amended facility now consists of Term Loan A-1 of $805 million maturing over five years, Term Loan A-2 of $470 million maturing over 7 years with one per cent amortization in each of the first 6 years with the remaining principal due at the end of year seven, and a $400 million revolving credit facility. The initial blended interest rate will be 2.6% as determined from the LIBOR based pricing grid, and the rate is subject to change over the life of the loans as LIBOR rates and KapStone's debt to EBITDA ratio change.
    Under the terms of Longview's existing $480 million, 8 percent senior secured notes, current noteholders will be notified shortly regarding redemption of the notes, including a 4 percent change of control penalty. The redemption is expected to take 30 days.
    (KapStone Paper and Packaging Corporation)
     
    24.07.2013   Pöyry PLC: Pöyry reduces net sales outlook for 2013 - outlook for operating profit remains...    ( Company news )

    ... unchanged

    Pöyry has a solid pipeline of order prospects. Unexpected delays in corresponding contract awards have, however, impacted the development of revenues, particularly in the Industry sector where exceptionally large projects had been recorded during the first half of 2012. Hence, contrary to earlier estimates, the Group's net sales are likely to fall short of 2012. Outlook for the Group's operating profit remains unchanged.

    Current outlook for 2013:
    The Group's net sales in 2013 are likely to fall short of 2012. Operating profit is expected to increase. Operating profit 2013 is compared to 2012 numbers which exclude restructuring costs.

    Outlook as published in the Financial Statements released 6 February 2013:
    The Group's net sales in 2013 are expected to increase compared with 2012 and operating profit in 2013 is expected to increase compared with the operating profit excluding restructuring costs in 2012.
    (Pöyry Plc)
     
    24.07.2013   Packaging Corporation of America Announces Paul T. Stecko to Become ...    ( Company news )

    ...Non-Executive Chairman at Year End

    Packaging Corporation of America (NYSE: PKG) announced that Paul T. Stecko will continue to serve as the company’s executive chairman until his retirement on December 30, 2013, at which time he will become non-executive chairman of the company’s board of directors. As non-executive chairman, he will lead the activities of PCA’s board of directors. Mr. Stecko will also continue to serve the company on major strategic initiatives as well as important shareholder matters under an agreement that will run through December 31, 2015. Mr. Stecko has been PCA’s executive chairman since 2010 and served as chairman and CEO from 1999 to 2010.
    Commenting on the announcement, Mark W. Kowlzan, CEO of PCA, said, “In light of Paul’s vast experience and contributions to PCA, as well as our long-term relationship, I am very pleased that he will continue his leadership of our board of directors and involvement in our strategic efforts.”
    (PCA Packaging Corporation of America)
     
    24.07.2013   Pascal Lebard is appointed Chairman and Chief Executive Officer of the Board of Directors    ( Company news )

    Jean-Pascal Beaufret is appointed Vice Chairman of the Board of Directors

    Sequana’s Combined General Meeting was held in Paris on 27 June 2013 and chaired by Tiberto Ruy Brandolini d’Adda, whose term of office expired at the end of said meeting.

    All resolutions put to the meeting were approved, namely:
    - Approval of the parent company and consolidated financial statements for 2012.
    - Renewal of the terms of office of Pascal Lebard and Michel Taittinger as directors.
    - Appointment of Pierre Martinet as director.
    - Appointment of Marie Lloberes as director.
    - Appointment of Jean-Yves Durance, previously a non-voting observer, as director.

    As the terms of office of Exor SA, Tiberto Ruy Brandolini d’Adda and Laurent Mignon were due to expire, these new appointments maintain a ten-member Board of Directors.
    The Board of Directors’ meeting held after the General Meeting decided to recombine the roles of Chairman and Chief Executive Officer and changed the Board of Directors’ internal rules in order to create the role of Vice Chairman. The Board appointed Pascal Lebard as Chairman and Chief Executive Officer, and Jean-Pascal Beaufret as Vice Chairman. Mr Beaufret’s role will be to assist the Chairman and Chief Executive Officer in the performance of his duties. The Board of Directors’ meeting also defined the composition of its committees in strict compliance with corporate governance rules.
    The Board warmly thanked Tiberto Brandolini d’Adda and Laurent Mignon for their long-standing service to the Company and to the Board.
    (Sequana)
     
    24.07.2013   The paper manufacturer Sofidel reduces its CO2 emissions by 11%    ( Company news )

    -A result that acknowledges the environmental commitment made by Sofidel, the first Italian paper manufacturer to sign up to WWF’s CLIMATE SAVERS programme.
    -Over 25 million Euros invested in five years.
    -186,000 tonne reduction in emissions, roughly equal to the amount of emissions produced by 150,000 Italian families of 4 in one year for their electricity consumption.

    Sofidel, one of the leading European manufacturers of paper for hygiene and domestic use, is pleased to announce that they have met their five-year target to reduce their CO2 emissions by 11%, a target
    that was set in 2008 when they joined WWF’s international Climate Savers programme.
    Sofidel is the only Italian company and the first worldwide in the tissue sector (paper for hygienic and domestic use) to sign up to WWF’s Climate Savers programme, which encourages companies to play a
    leading role in fighting climate change by pledging to reduce their greenhouse gases on a voluntary basis.
    To meet their target, over a five-year period Sofidel has invested over 25 million Euros in renewable sources (photovoltaic and hydro-electric), cogeneration (combined production of electricity and steam)
    and improvement works to increase energy efficiency (e.g., LED lighting).
    Thanks to this commitment, today the emissions produced by its companies that were active in 2007 have been reduced by 11.1% (approximately 186,000 tonnes, roughly equal to the amount of
    emissions made by 150,000 Italian families of 4 in one year for their electricity consumption).
    Regarding specific emissions (emissions set against the amount of paper produced), Sofidel has recorded a reduction of 14.4%. Not only has Sofidel met its environmental targets, these results are also significant because at the same time, Sofidel has been able to consolidate its position on the market, becoming the second largest player in Europe in the tissue sector.
    “Meeting WWF’s Climate Savers objective whilst at the same time significantly strengthening the company’s position is proof that economic and environmental sustainability can go hand in hand.
    Reducing its CO2 emissions is just one of Sofidel’s efforts to curb its environmental impact and to underpin a more general commitment: do more with less. Results obtained so far make us more determined to consider sustainability as a central lever for innovation and competitive consolidation”, said Luigi Lazzareschi, CEO of the Sofidel Group.
    “Sofidel bears testimony to the success of a green economy by demonstrating how companies that invest in progressive improvements in terms of environmental sustainability and innovation and act in harmony with the climate and environment, can reap significant opportunities for growth and competitiveness”, said Gianfranco Bologna, Scientific Director of WWF Italia. “The environmental choices of such an important market leader can positively influence the chain of values related to its business by encouraging its partners and stakeholders to adopt a virtuous and achievable model that not only has economic and environmental advantages but one that is also good for its employees and ensures energy stability”.
    In collaboration with WWF, Sofidel aims to consolidate its commitment to reducing emissions by 2020 and to extend these objectives to its newly-acquired plants in Europe and the US.
    Its reduction in CO2 emissions is part of a wider commitment to sustainability that also sees the Group environmentally active in terms of responsible sourcing of raw materials (cellulose) and in limiting the use of water in the production cycle. Sofidel, who is currently in discussions with WWF Italy regarding sustainable forest management, has consolidated its own commitment to responsible sourcing over the years: today, 99.8% of cellulose used comes from certified sources or from sources that are monitored in compliance with the main forest stewardship schemes (FSC; PEFC; FSC-CW).
    For its involvement in WWF’s Climate Savers programme, Sofidel was given the Award of Excellence within the framework of the Tuscany Eco-efficient Awards 2009-2010 by the Tuscany Region. It also received a special mention for the best environmental initiative at the Sodalitas Social Award 2012 by Fondazione Sodalitas.
    (Sofidel S.p.A)
     
    23.07.2013   UPM Raflatac plans to improve cost competitiveness in its manufacturing operations    ( Company news )

    UPM Raflatac is planning to reduce labelstock production capacity in Europe, South-Africa and Australia to secure cost competitiveness and profitability in low-growth markets. The planned actions are estimated to result in annual cost savings of about EUR 12 million starting from the beginning of 2014.
    According to the plan, the labelstock factory in Martigny, Switzerland, the coating operations in Melbourne, Australia and Durban, South Africa as well as the slitting and distribution terminal in Johannesburg would be closed. In addition, working time and shift changes and reductions are planned in France, Spain and the UK. The product range, service and deliveries offered to customers will not be impacted by these plans.
    If all plans will be implemented, the estimated total impact would be maximum 170 positions in the affected countries.
    Decisions will be taken after consultation and negotiations with the employees in the relevant countries. Most of the restructuring is estimated to be complete by the end of 2013.
    “The economy in Western Europe has been weak for a long time and we don’t expect the situation to improve in foreseeable future. Simultaneously, the demands of our customers for cost-efficient labeling solutions continue to increase all over the world. In order to secure our customers’ and our own profitability in the long run, we need to ensure that our manufacturing operations continue to be the most cost competitive in the industry. Unfortunately the planned restructuring would also mean that we will lose a significant number of dedicated employees,” says Jussi Vanhanen, President of UPM Engineered Materials.
    “We will continue investing in growing markets in line with our strategy. In the past couple of years, we have strongly enhanced our service and operations network in Asia, Latin America and Eastern Europe. Capacity adjustments are taking place in areas, where the demand situation is not in line with our production capacity.”
    In Q3/2013 UPM will book a EUR 3 million write-off in fixed assets and make a provision for restructuring costs for EUR 11 million. The actions are not expected to impact the sales of the Label Business Area.
    (UPM Raflatac Oy)
     
    23.07.2013   Rod Benwell appointed to the Board of Directors    ( Company news )

    Company news Rod Benwell has been appointed to the Board of Directors of Elliott Baxter (EBB paper) from 1 July 2013. He will be responsible for the Company's commercial activities, as well as looking into future acquisitions and diversification. Rod joined the company at the beginning of 2013 with over 21 years' experience in the paper industry.
    Rod said "I am very proud to be appointed to the Board of Directors. EBB is a tremendous company to be working for and I am looking forward to the challenges and opportunities that face us over the coming months and years."
    Managing Director, Matt Elliott, said "I am delighted that Rod has decided to join the EBB team. He joins a highly focused, dynamic Board, and his appointment will further strengthen our senior management team."
    (Elliott Baxter & Co. Ltd - EBB Paper)
     
    23.07.2013   Canon launches super-fast Océ ColorWave 900® wide format printer    ( Company news )

    Company news Canon Europe, a world leader in imaging solutions, is taking high-speed production to a new level in the wide format arena with the launch of the Océ ColorWave 900® – a digital colour printer capable of speeds of up to 15 times faster than other inkjet systems available.
    Beginning life as concept product, ‘Project Velocity’ – presented for first time at drupa 2012 – the Océ ColorWave 900 closes the gap between digital inkjet and traditional offset technology. Specifically designed for the GA, CAD and GIS markets, this printer provides market-leading digital workflow, productivity, lower running costs and increased flexibility for shorter and personalised print jobs.
    Underpinned by Memjet’s inkjet technology, the Océ ColorWave 900 has a raw print speed of more than 1,100m2 per hour and is able to print the equivalent height of the Eiffel tower in just half an hour. Delivering 3.4 billion drops of 1.2 picolitres of aqueous ink per second, the machine is able to produce resolutions of 1,600 x 1,600 dpi.
    With a width path of 42” (106.7cm), the Océ ColorWave 900 incorporates the same proven six media roll capacity of the Océ ColorWave 600/650 devices, possessing an impressive total input capacity of 1,200 metres (200 metres per roll). The output is cut and delivered – dry and ready to use – into a high capacity stacker, which features dual delivery trays for concurrent printing and unloading to further maximise uptime and increase productivity.
    Flexible colour management and professional workflow software are available through either the Océ PowerM® controller or ONYX Thrive™ print workflow software. Additionally, an intuitive touch-screen interface enhances usability and simplifies routine tasks – saving time and reducing mistakes.
    Ideal for a vast range of applications – such as point-of-sale (POS), exhibition and trade show materials, counter and floor displays, technical drawings and maps – the Océ ColorWave 900 is an attractive proposition for wide format printers looking to radically boost output, and for commercial printers looking for a powerful – yet economical – way to explore new revenue channels.
    Bart Geraads, European Production Print Group Director, Technical Document Systems (TDS) and Display Graphics Systems (DGS), Canon Europe, comments: “Since the concept demonstration last year, we have fine-tuned the Océ ColorWave 900 to ensure that we deliver a solution that puts print service providers at the vanguard of wide format printing.
    “Customers have voiced their need for a highly productive wide format colour device and I’m very pleased that we are now able to showcase our response to that. Canon’s broad portfolio of wide format technologies makes the company the ideal partner for any print service providers who want differentiate their service offering, stand out from the crowd and grow their business over the long term.”
    (Canon Deutschland GmbH)
     
    23.07.2013   Flexible and efficient: Nash supplies a vacuum system for the new PM2 paper machine at ...    ( Company news )

    Company news ... Zellstoff Pöls

    Zellstoff Pöls, in Austria, is the largest manufacturer of high quality, chlorine-free bleached long-fibre sulphate pulp in Central and South Eastern Europe. For the new PM2 paper machine, Nash is supplying the vacuum system for dewatering in the wire section and the press section.
    PM2 was a turnkey project, with the vacuum system and implemented technology specified by the paper machine manufacturer. Nash was in continuous contact with the paper machine manufacturer during the tender phase. Together, they developed the optimal solution for this challenging task, and the flexibility of the Nash solution and its energy efficiency eventually impressed and won over the customer.

    Flexibility for the vacuum
    Many paper machines produce only a single paper weight (e.g. 80 g/m2, similar to copy paper) or weights within a very tight range. In such cases, only minor modifications to vacuum requirements are needed as production conditions, and thus the vacuum levels themselves, are kept relatively constant.
    In contrast, the Zellstoff Pöls PM2 focuses on "MG" or "machine
    glazed" papers (a paper with very high strength), and incorporates the
    production of paper basis weights between 28 and 120 g/m2. This
    wide product spectrum places high demands on the flexibility of the
    vacuum system, as the method of drying has to adapt to each paper
    grade.
    For Gardner Denver Nash, the project represented an ideal opportunity to prove its high level of expertise in vacuum systems for paper machines. The major challenge was adapting the vacuum at the various suction points for each specified paper weight and the required drying needs. This was accomplished through the use of frequency converters that allowed for "fine adjustment" of the speed and the vacuum level to meet the specific requirements of the paper grade produced. The
    customer provided the list of vacuum requirements, but the specification of suitable pumps, the determination of the number of pumps and their assignments to the various suction points were the responsibility of the Nash team in Nuremberg.
    In a first step, the required number and capacity of the liquid ring vacuum pumps were calculated for ensuring the requisite operational flexibility of the vacuum system. It had to be taken into consideration that strongly fluctuating vacuum levels are often applied at the various suction points in accordance with the grammage to be produced. All Nash pumps are driven with a frequency converter for "fine adjustment" purposes. In this way, the motor and pump speed - and thus the vacuum level of the pump - can be exactly controlled and precisely adapted to the specific requirement.

    Efficient use of energy
    An important reason that the Nash concept was accepted was the energy
    efficiency of the machines implemented. Optimal dewatering of the paper in the Forming and Press sections (where Nash vacuum pumps are used) reduces energy (steam) consumption in the Dryer section.
    The customer’s specification was clear; focus on energy efficiency. Efficient operation of both the paper machine and the vacuum system result in lower energy consumption and lower operating costs. The alternative concept (low purchase costs that result in high energy costs over the operating life) was not deemed interesting by the customer.
    The project covers a scope of supply of five 2BE4 pumps of various sizes, all operated with frequency converters. The pumps will be provided in standard cast iron material construction with polyisoprene coating.
    Finally, the decision that Nash was the superior vacuum supplier for their new paper machine was due to convincing arguments from about the product’s flexibility, energy efficiency and insensitivity to water.
    (Nash - Zweigniederlassung der Gardner Denver Deutschland GmbH)
     
    22.07.2013   Interim report Jan-June 2013 - Södra's profit improves    ( Company news )

    Company news Södra's operating profit/loss for the first half of the year improved by SEK 173 million year-on-year. Adjusted for items affecting comparability, the improvement totalled SEK 291 million. The operating profit/loss reported for the first half of 2013 was SEK -29 million. The profit/loss after financial income and expenses amounted to SEK -36 million.
    (Södra Cell AB)
     
    22.07.2013   Stora Enso invests in world-class biorefinery at Sunila Mill in Finland     ( Company news )

    Stora Enso has decided to invest EUR 32 million in building a world-class biorefinery at Sunila Mill in Finland, which will reduce the CO2 emissions of the mill by replacing up to 90% of natural gas by lignin extracted from the black liquor. This will be the first step towards a new business selling lignin to external customers. It will enable global specialty chemical and high-tech material customers to replace fossil raw materials with renewable alternatives. Stora Enso is developing new applications in which lignin provides added value as a natural polymer.
    “The investment in Sunila Mill will accelerate Stora Enso’s transformation into renewable materials company. The first applications will be in, for example, the building, construction and automotive sectors, where lignin offers sustainable alternatives for phenols in plywood glues and other wood-based panels, and polyols used in foams. Other applications are also under development, thus creating a solid platform for growth for sustainable alternatives to fossil-based products,” says Juan Bueno, EVP, Stora Enso Biomaterials Division.
    The investment includes a lignin extraction plant and dryer, lignin dust burners in the lime kilns, and a packing line. Production is scheduled to start up during the first quarter of 2015. The investment is expected to generate annual sales of EUR 80 million in 2017 and over time clearly exceed Stora Enso’s ROCE target of 13%. The technology also has the potential for future scalability at other Group pulp mills.
    Sunila Mill has an annual capacity of 370 000 tonnes of softwood pulp. The mill employs approximately 230 people.
    (Stora Enso Oyj)
     
    22.07.2013   Production record!    ( Company news )

    On July 8, Domsjö Fabriker produced 823.4 tons of cellulose!
    This is the highest day production since the mill switch the production to 100 percent dissolvingcellulose. Last record was 806,1 tons (2012.01.10).
    (Domsjö Fabriker AB)
     
    19.07.2013   PTS employee wins science award of Fraunhofer UMSICHT    ( Company news )

    Dr Benjamin Simstich, who has worked as project manager for PTS since 2006, received this year’s science award of UMSICHT, the Fraunhofer institute for environmental, safety and energy technology, for his doctoral thesis. The award includes prize money of 10,000 € and is a great accolade for the scientific work of PTS in the field of environmental technology.

    The prize was awarded by Prof Dr med Dietrich Grönemeyer in Oberhausen on 16 July. The award ceremony and presentation of winners were part of a symposium on “open innovation“. Main award criteria had been the environmental relevance and especially market orientation of scientific results.
    Benjamin Simstich had applied with his doctoral thesis on the “Use of submerged MBR technology for thermophilic aerobic circulation water treatment in paper production“, which he had completed in 2012. The evaluators were particularly impressed by the clear practice-orientation of his work, and that his scientific findings will be used as basis to improve the technology.

    In Mr Simstich’s award-winning work, a new process variation of wastewater treatment technology was tested for the first time. The technology will offer paper mills a new way of process-integrated circulation water treatment. The combined use of aerobic-biological treatment and ultrafiltration leads to solids-free filtrates with greatly reduced COD and BOD5 levels and lower calcium concentrations which can be used as substitute for fresh water. The higher operating temperature of the innovative water circuit design enables users to save water and energy.

    In the next few months the method will be developed further together with a plant manufacturer, including also the fundamental findings from two IGF research projects. This moves the final aim of every ambitious research engineer almost within grasping distance: the full-scale implementation of a concept that had originally been no more than a scientific idea. However, there is still a long way to go, and quite a few obstacles have yet to be overcome. The award, however, has been confirmation and encouragement that we are on the right track.
    (Papiertechnische Stiftung (PTS))
     
    19.07.2013   Smurfit Kappa steps into the shoppers mind     ( Company news )

    Company news Maximising the possibilities of virtual reality in retail ready packaging - Smurfit Kappa steps into the shopper’s mind and invests in a unique 3D virtual shopping environment to analyse and understand shopper behaviour.

    Smurfit Kappa further strengthens its leadership in the world of retail ready packaging by investing in a virtual shopping environment which will meet customer needs by optimising retail ready packaging solutions. This technology will be installed in Smurfit Kappa’s Development Centre in the Netherlands. It is one of the largest screens in Europe and is unique in its offering of a 3D shopping experience.

    Smurfit Kappa has made this investment to both increase its own expertise and to help its customers. This technology will be used to execute shopper behaviour research, the outcome of which will be translated into guidelines and insights in the area of retail ready packaging.

    This virtual store will also allow Smurfit Kappa’s customers to experiment with packaging in a realistic retail environment, and the technology’s flexibility will allow fast design changes.

    The official launch of this virtual store will take place in September, at Smurfit Kappa’s Innovation Event, where more than 150 of the top FMCG companies will experience the latest developments in packaging first hand.
    (Smurfit Kappa Recycling UK)
     
    19.07.2013   Doug Wall named VP of Sales and Marketing    ( Company news )

    Coldwater Group, Inc. is pleased to announce the addition of Mr. Doug Wall to its Senior Management Team as Vice President of Sales and Marketing.

    Doug brings over 30 years of experience in the pulp and paper industry, most recently after serving the past 17 years in key management positions for Voith Paper Fabric & Roll Systems, North America. Prior to that Doug spent five years with Albany International and eight years with Graphic Packaging. Doug will lead the sales and marketing efforts for Coldwater, focusing on corporate partnerships and growing sales through delivering quantifiable value and cost savings to customers. In this capacity Doug will report to David Withers, President Coldwater Group, Inc.
    (Coldwater Seals Inc.)
     
    19.07.2013   Already half way to realising synergy target    ( Company news )

    Company news CEO Per Lindberg comments on the development during Q2 2013:

    “We continue to focus on integration and to create the new BillerudKorsnäs. I am therefore first and foremost very pleased to see that we have realised synergies corresponding to an annual pace of approximately SEK 260 million, which takes us almost half way to our target of SEK 530 million. This means that integration is making good progress. We have also received approval from the EU Commission to sell PM2 in Gävle to SwedPaper and we expect closing on 1 August, thus fulfilling the formal requirements from the authorities concerning our acquisition of Korsnäs.

    As already communicated our adjusted operating profit for the second quarter of SEK 318 million fell short of expectations primarily due to start-up problems after the rebuild of the board machine KM5 in Frövi. The cost for the rebuild became almost SEK 50 million higher than expected, but it is not uncommon that this happens in connection with such a large remodelling. We now have created a platform for higher capacity and increased quality. I am also pleased to see that production now has stabilised and is in line with expectations.

    We have noted varying market conditions during the second quarter. In short, the European demand in some segments is still treading water, which in combination with overcapacity is putting pressure on some European segments. We will therefore actively pursue sales outside of Europe in the medium- to long term.

    During the quarter, our new communication platform was launched. We view ourselves as challengers, where we challenge conventional packaging for a sustainable future. Our target remains to deliver smarter packaging, both through better materials as well as better solutions. Smarter packaging adds value at every step of the value chain; attracting consumers, increasing productivity, lowering cost of transportation, reducing waste and not the least lowering environmental impact.

    We therefore continue to be very optimistic about the future prospects for BillerudKorsnäs. We will share more of our views at our Capital Markets Day planned for 14 November 2013, in Stockholm. I look forward to meeting you there!
    (BillerudKorsnäs AB (publ))
     
    18.07.2013   Mitsubishi HiTec Paper reduces CO2 emissions by 84% and becomes newest ...    ( Company news )

    Company news ... member of German “Wirtschaft pro Klima” initiative

    Mitsubishi HiTec Paper takes the protection of the climate and environment seriously. New measures taken in Flensburg mill which reduce CO2 emissions by 84% prove this. This has led to the manufacturer of coated specialty papers becoming a new member of the German “Wirtschaft pro Klima” initiative.

    The energy management system of ISO 50001 includes energy efficiency projects and these form the key aspects of Mitsubishi HiTec Paper’s company policy. The introduction of chemical flocculation of wastewater from the coaters before indirect discharge has led to a significant reduction in the specific power consumption from 8.5 to 1.3 kWh / m³ in Flensburg mill.

    Annual savings of 239,000 kWh is roughly equivalent to the electricity consumption of 70 average German households. This means the speciality paper manufacturer has reduced CO2 emissions by 84% (source: German electricity mix 2012).

    As a result of this successful measure to protect the environment, Mitsubishi HiTec Paper has become a new member of the German “Wirtschaft pro Klima” initiative. This initiative brings together German companies that are actively committed to protecting the climate. A commitment by senior management is the basis. In addition to this, members will have already taken at least one measure, by which they have reduced CO2 emissions by at least 20 per cent. They must also intend to take further action in the future, to further reduce CO2 emissions, in order to reach the 2 degree target of the UN Climate Change Conference 2010.
    (Mitsubishi HiTec Paper Europe GmbH)
     
    18.07.2013   Total Line Solutions from //polytype in the area of plastic containers equipment    ( Company news )

    The Wifag-Polytype Holding Ltd (CH) has taken over the shares of the company OMV Machinery Srl (Verona, Italy) including all intellectual properties, products, assets, brand/logos and all employees from the former owners ISAP Packaging Spa (Italy).

    OMV founded in 1963 is a well known company for high output and high quality thermoforming equipment for the growing market of all kinds of plastic based containters, as well as lids, plates and other kind of shaped products. With its team of approximately 45 employees OMV offers integrated lines consisting of own tooling, extruders and thermoforming equipment.

    With this acquisition //polytype is enlarging the technology portfolio by adding thermoforming to complement the own decoration equipment. This step enables a unique offering to the market for all kinds of light containers for the food, beverage and non-food packaging market.

    New approaches in the design and supply of total solutions in the creation of color, contour and convenience of thermoformed containers, coming from one supplier, are now possible. With its standard offset printing, the newly introduced Polyflex printing technology and the digital ink jet printing solution //polytype is complementing the thermoformed In Mould Label (IML) Technology of OMV.

    All products of OMV will be sold and serviced through the worldwide sales and service organization of the wifag//polytype Group in USA, Brazil, Thailand, India, China/Hongkong and Turkey/Middle East as well as existing and new distributors.
    (WIFAG-Polytype Holding AG)
     
    18.07.2013   TRESU and Lohmann announce joint research partnership to accelerate optimization of flexo process    ( Company news )

    Company news TRESU, the Danish supplier of flexographic printing lines and ancillary products and Lohmann GmbH & Co.KG, the German manufacturer of customised adhesive solutions for diverse industrial sectors, including the packaging converting and printing industry, have entered a strategic partnership aimed at optimising performance of mounting tapes for a range of high-speed flexo-printing situations.

    TRESU is building and supplying Lohmann with a flexo unit to simulate a range of mid-web printing situations. At the same time, TRESU will conduct research with Lohmann’s plate mounting tapes in its print tests at its demo centre. TRESU’s unit will be used for training and dry-run testing in Lohmann’s TEC Center, the technology centre that is currently under construction at the company’s Neuwied (Germany) headquarters.

    The partnership allows both suppliers to improve the flexo printing process by monitoring the performance of the press and different plate and tape combinations with a wide range of hardness values. The aim of the collaboration is also to optimise the performance of tapes for new printing machines, where speeds are high. The two companies will investigate ways to reduce vibration and improve stability, in order to reproduce high-screen rulings of offset quality, made possible thanks to innovations in printing form and imaging technology, with minimal dot gain.

    Other areas of research are likely to include heat resistance, a concern when printing at high speeds during longer run lengths, elastic recovery and ease of mounting, removal and setting of printing pressure without compromising quality. TRESU and Lohmann will also investigate how to minimise dot gain and maintain smooth, bounce-free production at high speeds over long periods of time.

    Lohmann´s graphics segment provides single and double-sided adhesive tapes for assembling printing plates e.g. used on a wide range of packaging materials from 5μm film to cardboard several millimetres thick. Lohmann’s offering for flexible packaging and carton printing applications is the DupoFLEX®plate mounting foam tape range. Available in different foam hardnesses, the tape easily regains original shape thanks to a closed cell structure and has high stable compressibility.

    Søren Maarssø, Chief Operating Officer of TRESU, comments: “Thanks to developments in printing form materials and imaging systems, the construction of dots that reproduce finer linework, contrast and half-tones with greater consistency are now possible. This means that the key to improving the performance of flexo lies at the production stage. The installation of the TRESU unit at the Lohmann Research Center and the close collaboration between the two companies will enable us to look at ways of optimising tape material qualities and press performance, so that the flexo process can reach its true quality potential.”

    Dr. Norman Goldberg, Executive Board Lohmann, comments: “The partnership between TRESU and Lohmann is the perfect answer to the ever more demanding flexo printing requirements. The printing industry especially is faced with highly competitive pressure: complex print jobs, increasing demands on quality and narrow time-frames. This is a call for premium and efficient solutions and our collaboration will enable us to optimise our mounting tape products and to learn from each other. Together, we strive towards creating customized solutions for these increased demands.
    (Lohmann GmbH & Co. KG)
     
    17.07.2013   New generation of Stahlfolder TX/KX folding systems from Heidelberg optimizes performance ...    ( Company news )

    Company news ... and simplifies operation in industrial production

    - Top-quality folding in no time at all
    - Postpress bottleneck eliminated

    Discerning customers in the premium segment and customers who order their print products online expect both high quality and fast delivery. This can be achieved using lean, industrialized print production with state-of-the-art technologies. The new Stahlfolder TX/KX folding systems from Heidelberger Druckmaschinen AG (Heidelberg) offer special machine configurations for high-performance industrial signature folding to meet these requirements. The key feature of these new systems is the PFX feeder (PFX = Pallet Feeder eXtended), which uses the same principle as a press feeder and offers the unique possibility of processing a stream of shingled sheets in both the feeder and the folding unit. As a result, productivity is up to 50 percent higher than in conventional production processes. The first model of this new family of folding machines - the Stahlfolder TX 82 - was unveiled as a prototype at drupa 2012.

    The Stahlfolder TX 82 is now available in series production and has already been installed by a number of customers in Germany, the United Kingdom, and the United States. This new generation of folding systems augments the successful Stahlfolder TH/KH folding machines that, thanks to their comprehensive range of options and variants, can be configured to suit specific customer requirements.
    (Heidelberger Druckmaschinen AG)
     
    17.07.2013   UPM receives EMAS Registration in China    ( Company news )

    UPM is one of the first companies and the Changshu site the first ever paper mill to receive the EU Eco-Management and Audit Scheme (EMAS) registration in China.

    “Transparency and openness with stakeholders are an essential part of our corporate responsibility worldwide. The EMAS registration and third-party verified reporting promote continuous improvement. The environmental impacts of pulp and paper production are known, and the industry is working on the whole life cycle to minimize the impacts further”, says Mr. Kim Poulsen, Executive Vice President, Paper Business Group, Business Area Asia Pacific and Corporate Relations and Development.

    UPM already led the way in open and transparent environmental reporting in 2012 when UPM Fray Bentos pulp mill in Uruguay became the first non-European site ever to achieve the EMAS registration as a result of a pilot project between UPM, EU, Finnish Environmental Institute SYKE, the Finnish Ministry of the Environment and Inspecta Certification.

    “We’re very pleased that UPM has carried out the audit in China and are grateful that they have shared their valuable experience with us on how to implement EMAS Global in China. UPM truly is one of the frontrunners in this regard”, states Mr. Daniel Weiss from adelphi, a project partner in the SWITCH ASIA EMAS Global China project. EMAS Global China is a cooperation programme under the SWITCH-Asia grant, funded by the European Commission. The project aims to promote sustainable production patterns across China by introducing EMAS.

    Altogether UPM’s corporate EMAS registration and the respective environmental statement cover a total of 20 pulp and paper mills in Europe, China and Uruguay.

    The EU Eco-Management and Audit Scheme (EMAS) is a voluntary environmental management system for companies and other organisations to improve, evaluate and report on their environmental performance on an annual basis.

    The UPM EMAS statement comprises a corporate part and a mill-supplement part. The corporate report includes group-level information and core indicators on e.g. energy and material efficiency. The mill supplements complement the corporate report by providing local information such as environmental targets and achievements. All data is verified by a third party.

    UPM’s achievements in providing comprehensive environmental information have been acknowledged by a number of external recognitions and awards. A highlight of 2012 was UPM being selected as the only forestry and paper company worldwide in the Dow Jones Sustainability Indexes (DJSI) and chosen as Supersector Leader in the Basic Resources sector for 2012-2013.
    (UPM)
     
    17.07.2013   Bel Papyrus starts up the new Toscotec tissue line PM3    ( Company news )

    Company news On June 2013, the Nigerian tissue producer Bel Papyrus Ltd, member of the Boulos Group Of Companies, started up their new Toscotec supplied complete tissue production line installed in Lagos (Nigeria).

    The new Toscotec's line, with an average production of 23,000 tons per year, includes AHEAD-1.5S crescent former tissue machine with single-layer headbox, single press configuration and a Steel Yankee Dryer (TT SYD-12FT), machine auxiliaries, stock preparation plant for virgin pulp and for recycled paper including deinking cells, 2-loop washer system and a hot dispersion system and the electrification starting from medium voltage cabinets and control system.

    The supply contract also includes: Steam generator, air compressors, a three unwind stands tissue slitter rewinder TT WIND-P with a calendering station and a jumbo reel wrapping machine.

    The machine design speed is 1800 mpm with a net web width of 2850 mm. The project has been managed by Toscotec on an EPC (Engineering and Procurement) basis.

    The new line, designed according to the Best Available Technology (B.A.T.), for tissue production, will allow the Nigerian producer to guarantee its own requirements for the existing converting facilities and to consolidate its leading position in the West African tissue market (ECOWAS countries) raising the company’s total production capacity above forty five thousand tons per year.

    “Besides the long term and successful cooperation between our companies, the decisional factor for choosing once again Toscotec for this challenging project - said Mr. Riad Baloukji, Managing Director of Boulos Group of companies – was its vocation to provide "state of the art" equipment and realize complex "turn-key" projects worldwide.

    Toscotec is very pleased with the third consecutive order for major project received from Bel Papyrus. PM1 (a Sloped Wire machine) and PM2 (a MODULO Crescent former) were supplied in 1990 and 2004 respectively.

    On top of the above, Toscotec is presently studying on site in Nigeria the layout of the paper mill number 4, expected to be of a capacity of 28,000 tons per year, and to start production in September 2015, which will further consolidate the position of the Group in the tissue supply for the whole West African market with a foreseen capacity of 75,000 MT per year.
    (Toscotec S.p.A.)
     
    16.07.2013   Successful start-up of the world’s largest single polysulfide cooking line at Metsä Fibre’s ...    ( Company news )

    Company news ... Joutseno mill, Finland

    Metsä Fibre’s Joutseno mill in Finland started up the world’s largest single polysulfide cooking line. The technology for the preparation of polysulfide, and the digester modifications to enable production of the improved softwood pulp, were supplied by international technology Group ANDRITZ.

    According to Joutseno Mill Manager Risto Joronen, who was also the director for this development project with ANDRITZ, the use of polysulfide cooking liquor enables the mill to improve certain pulp qualities, which benefits papermakers. One of those benefits is a reduction in specific energy to refine the pulp, resulting in lower operating costs for papermakers. There are also some enhancements to the fiber bonding due to the retention of certain hemicellulose materials in the pulp. The Joutseno mill is also increasing its fiber yield, which makes the investment economically beneficial. As a result, the mill is able to reduce the loading of its recovery boiler which allows it to improve production capacity.

    The polysulfide process modifies conventional white cooking liquor to “orange liquor” (named due to the characteristic color of the modified liquor) by oxidizing sodium sulfide in the liquor to polysulfide. The plant provided by ANDRITZ is based on the proven MOXY process (white liquor sulfide-to-polysulfide conversion), already installed in several mills around the world. The Joutseno mill is by far the largest single unit in operation worldwide.

    ANDRITZ also modified Joutseno’s cooking plant to optimize the new process.
    (Andritz Oy)
     
    16.07.2013   Voith: successful start-up of Stora Enso Narew PM 5    ( Company news )

    Company news At the beginning of 2013, the PM 5 supplied by Voith at Stora Enso Narew in Ostroleka, Poland, successfully went into operation. Along with installation and start-up, various services such as Mill Consulting and Total Roll Management are part of the delivery.

    At the beginning of 2013, the PM 5 supplied by Voith at Stora Enso Narew in Ostroleka, Poland, successfully went into operation. Along with installation and start-up, various services such as Mill Consulting and Total Roll Management are part of the delivery.

    Voith’s experience in energy-efficient systems was decisive for Stora Enso Narew in the selection of its supplier. The customer’s aims are to ensure competitiveness at the location with low investment and operational costs and to cope with the rising demand for corrugating medium.

    “Our focus was on low investment costs and energy saving during operation of the mill. In both aspects, we have Voith's full support,” says Ari Saarnio, Project Director for Stora Enso Narew PM 5. And he adds: “The first operation impressions after start-up are positive and we have good reason to expect that Voith has delivered a reliable paper machine and winder for long-run production with great potential. Within the first few weeks, the PM 5 was already operated with 100% of its design capacity. Voith has met all the expectations we had in the purchase stage of the project.”

    The DuoFormer Base II installed provides for very good sheet formation. Thanks to its proven multilayer technology, this gap former ensures excellent CD basis weight profiles for packaging paper. A highlight of the PM 5 is the DuoDry CC installed for the first time. What is special here is that this drying concept effectively reduces curl. The basic idea is a vertically inverted single-tier dryer group that functions as the last group. Substantial thermal energy is saved thanks to this set-up.

    The VariFlex winder is also part of the delivery. Equipped with an automatic splice system, it was able to process the paper machine’s jumbo reel spools at a maximum operating speed of 2,800 m/min already in a test run without any problem. The whole capacity of the paper machine can be handled in a safe and effective manner with only one VariFlex winder.

    For Stora Enso Narew, it was important to build up a competent team at the location that can operate as independently as possible in the areas of production and maintenance. Through its Mill Consulting Service package, Voith can provide support at this point and continuously train the local team. Stora Enso Narew thus ensures itself a year of quick and direct access to Voith’s knowledge and network of experts.

    With a wire width of 8,600 mm, the PM 5 produces around 455,000 metric tons of testliner and fluting annually in a basis weight range of 65-140 g/m². The operating speed is 1,600 m/min. The location was taken over by Stora Enso a few years ago and is mainly used for supplying paper to its own group for the production of corrugated board paper.
    (Voith Paper GmbH & Co KG)
     
    16.07.2013   Mercer International Inc. announces workforce reduction at Celgar Mill in order to ...    ( Company news )

    ... improve competitiveness

    Mercer International Inc. ("Mercer" or the "Company")(Nasdaq: MERC, TSX: MRI.U) announced today that, after conducting a comprehensive assessment, its Celgar mill intends to reduce its workforce in order to improve its competitiveness with other pulp producers. The planned reduction will affect both hourly and salaried employees. The workforce reduction is expected to involve approximately 85 employees over the next five years, with the majority of employees to be affected over the next 12 months.

    This action is being taken to make a substantial reduction in fixed costs by bringing personnel levels more in line with other mills operating safely and productively around the world. "It is essential for
    the long term viability and sustainability of the Celgar mill that it maintains a competitive cost structure compared to other producers in the face of ever increasing costs and other challenges. A competitive cost
    structure is also essential to attract the necessary investment capital required to continue to modernize the mill and participate in growing bio-economy opportunities," says Mercer's President and Chief Executive Officer, Jimmy Lee.

    The Celgar mill will continue to operate with an annual capacity of approximately 520,000 airdried metric tons of market northern bleached softwood kraft pulp and plans to employ approximately 370 employees when the workforce reduction is completed at the end of 2017.

    Celgar will take appropriate measures to assist employees affected by the workforce restructuring in accordance with applicable agreements, policies and legislation and offer early retirement incentives for senior employees.
    (Mercer International Inc.)
     

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