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    14.11.2013   Lenzing Revises Guidance for the 2013 Financial Year    ( Company news )

    Company news -EBITDA of EUR 220 - 230 mn expected for 2013
    -Material costs and personnel expenditures to be reduced by EUR 120 mn p.a. until 2015
    -All fiber production facilities will continue to operate at full capacity

    Picture: Peter Untersperger, Chief Executive Officer of Lenzing AG

    The Lenzing Group, the world’s leading producer of man-made cellulose fibers, achieved business results in line with expectations in the first three quarters of 2013 in spite of unfavorable market conditions. This can be attributed to the countermeasures which are already underway. Consolidated sales amounted to EUR 1,447.0 mn, a decline of 7.7% from the comparable level of EUR 1,567.5 mn in the previous year. Consolidated earnings before interest, tax, depreciation and amortization (EBITDA) continued to be at a good level, amounting to EUR 223.8 mn in the first nine months of 2013, a drop of 20.5% from the prior-year figure of EUR 281.5 mn. This comprised an EBITDA margin of 15.5% (Q1-3/2012: 18.0%). Earnings before interest and tax (EBIT) in the first nine months of the year fell by 33.0% to EUR 136.4 mn, down from EUR 203.4 mn. On the basis of the anticipated weaker fourth quarter of 2013, Lenzing revised its guidance for the entire year 2013 downwards. Lenzing now expects EBITDA of between EUR 220 - 230 mn in 2013 (last guidance: EUR 280 mn).
    In the light of the ongoing difficult market situation, Lenzing has decided to proactively implement a massive, far-reaching cost optimization program. The initiative will enable cost savings of EUR 120 mn p.a. until 2015 as a means of safeguarding Lenzing’s cost leadership on the global market for man-made cellulose fibers. In this way Lenzing is responding to the current difficult market environment, which has led to increasingly fierce price competition.
    “The difficult market situation will continue in 2014 and possibly well into 2015. We will resolutely counteract this unfavorable situation and adjust our cost structures to the new circumstances as quickly as possible”, says Peter Untersperger, Chief Executive Officer of Lenzing AG. “Our aim must not only be to expand our quality leadership and innovative strength on a sustainable basis, but also to regain the cost leadership in our industry. We continue to see attractive growth potential for our products, but we are already preparing ourselves today as optimally as possible for the increasingly tough competition. Cost discipline and cash generation will be our targets over the coming years.”
    In particular, the sales and marketing organization will be strengthened as part of the current reorganization project. The entire organization will sharpen its focus to more strongly orient its activities to the important fiber markets of Asia and Turkey. Sales efforts in China especially will be expanded on the basis of additional technical experts and market development capabilities.
    Lenzing will continue to invest, particularly in developing TENCEL® for high quality textile applications and sustainable nonwoven applications. Demand for Lenzing Modal® remains strong.
    The expanded cost optimization program “excelLENZ 2.0” is a further, comprehensive step to sustainably safeguard earnings and future investment projects. It complements the initial “excelLENZ” cost-saving program which has been underway since the beginning of the year as well as the organizational restructuring of the Group. Improvement potential for all cost modules encompassing all operating units has been defined over the past weeks. The measures to be implemented on this basis will not only result in savings in material costs but also massive reductions in operating expenses and overhead, extensive increases in operating efficiency as well as a reduction in the total number of employees. All global sites will be affected. The staff at the Group’s largest production site in Lenzing, Upper Austria will likely be downsized by up to 15% from the current level of about 2,600 employees (including retiring employees and unfilled vacancies). On balance, a total of up to 600 jobs will be cut or vacant positions not filled.
    The individual measures will be quickly carried out in the coming months, and thus already partially impact earnings in 2014. Lenzing expects one-off expenses related to the implementation of the “excelLENZ 2.0” drive in the mid double-digit euro range.

    Sales and earnings in the first three quarters in line with expectations
    In spite of the increasingly difficult market environment, business of the Lenzing Group in the first three quarters of 2013 developed in line with expectations. The downward pressure on selling prices could at least be partially offset by significantly higher fiber shipment volumes, cost savings and a marketing drive for specialty fibers Lenzing Modal® and TENCEL®.
    Fiber production facilities were operating at full capacity during the first three quarters of the year. Fiber shipment volumes increased to approximately 660,000 tons due to capacity expansion measures, up 12% from the prior-year level of 590,000 tons. However, average fiber selling prices of the Lenzing Group were at EUR 1.73 per kilogram, about 14% lower than in the previous year. The underlying reason was the price and margin pressure in China as a consequence of surplus production capacities. This development intensified further in the third quarter and influenced all other key sales markets.
    The EBITDA of EUR 223.8 mn and the EBIT of EUR 136.4 mn include the one-off proceeds totaling EUR 24.8 mn mainly from the sale of the Business Unit Plastics. The financial result amounted to minus EUR 19.1 mn in the first three quarters of 2013 (Q1-3/2012: minus EUR 7.4 mn). This led to a profit for the period of EUR 86.6 mn, a decrease of 44.2% year-on-year from EUR 155.1 mn in the first three quarters of 2012. Earnings per share, calculated on the basis of Lenzing shares outstanding, were EUR 3.21 in the first nine months, down from EUR 5.67 in the previous year.
    Investments in intangible assets and property, plant and equipment (CAPEX) totaled EUR 180.6 mn in the first nine months of 2013, below the prior-year level of EUR 213.7 mn. The focal point of the investment activity on the part of the Lenzing Group was construction of the new large-scale TENCEL® production plant at the Lenzing site, completion of the conversion and refitting work at the Paskov/CZ pulp plant as well as infrastructure investments. Adjusted Group equity as of the end of September 2013 rose slightly to EUR 1,163.4 mn, up 0.9% from the comparable figure of EUR 1,153.1 mn at the end of 2012. This corresponded to an adjusted equity ratio of 46.2% of total assets (December 31, 2012: 43.8%). Due to the investment activity of the Lenzing Group, net financial debt increased to EUR 461.2 mn in the first nine months of 2013: (December 31, 2012: EUR 346.3 mn). Accordingly, net gearing was 39.6% (December 31, 2012: 30.0%).
    The number of employees in the Lenzing Group as at September 30, 2013 totaled 6,772 people, down from 7,033 at the end of 2012 and 6,958 at the end of the third quarter of 2012.

    Revised guidance for 2013
    No imminent change in the difficult business environment can be expected on the global fiber market. The continuing high level of cotton inventories has unfavorable effects on the entire fiber industry. The International Cotton Advisory Committee (ICAC) expects inventories to rise by an additional two million tons to 20.8 mn tons by the end of the current season (end of July 2014)*.
    Lenzing expects price pressure to remain strong in the fourth quarter of 2013. For this reason, Lenzing has revised its guidance for the entire year 2013. Accordingly, consolidated sales are expected to total about EUR 1,9 bn for 2013 as a whole (last guidance: EUR 2.0 bn). EBITDA will likely amount between EUR 220 - 230 mn due to restructuring costs for operational restructuring measures (last guidance: EUR 280 mn), whereas EBIT will total approximately EUR 75 - 85 mn (last guidance: EUR 160 mn), which can be attributed to one-off costs for write-downs.
    (Lenzing Papier GmbH)
     
    14.11.2013   Kemira to implement global price increase for pulp and paper chemicals    ( Company news )

    Company news Kemira will implement a price increase up to 15 %, depending on product segment, for its Pulp and Paper Chemicals. The adjustment will affect selected product lines between 5-15% and will be immediately implemented or as existing contracts allow.
    The price increase is an effect of increases in all major cost drivers; including key feed stocks and raw material, energy and transport. Kemira has continuously rationalized operations and reduced fixed costs, but has now reached a point when a price increase is necessary to secure the position as a strong supplier to the Pulp & Paper Industry.
    (Kemira, Paper Segment)
     
    14.11.2013   New Sales Director for Intec UK    ( Company news )

    Company news Robin Janes joins John Anderson, Operations Director and Mark Baker-Homes, Director of Business Development on the Senior management team as Sales Director this November.

    Joining us from NRG International (part of the Ricoh Group), Robin has more than 21 years’ experience in solutions based printing coupled with a strong background in sales and business management of over 130 distributors in 96 countries around the world.

    “I am delighted to be joining the Intec team at such a pivotal point in the company’s history” said Robin.
    “With an exciting new product lineup, a clear direction to expand the company’s operations plus strong signs of economic recovery from around the globe, I will be looking not only to introduce new long term distributors but also to maximise the potential of the existing network.
    Furthermore, I am keen to learn from our trusted partners how they would like to see the Intec Business develop and to find new and improved ways of motivating their own sales and marketing staff.”

    In his spare time Robin likes to get off the beaten track, either by exploring the remoter regions of the UK and Europe in his motor home or by sailing around the coastlines of the English Channel. Married with 2 grown-up children, he also enjoys experimental cooking at home using many of the different experiences and techniques from his overseas travel.

    Ian Melville, Managing Director, stated “I am delighted that Robin is joining Intec at this very significant point of time in our growth and as we launch additional ground breaking products to the Intec family. Robin’s huge experience in channel sales development will enable us to maximise Intec’s growth globally in the coming months and years ahead.”

    With all the new and exciting products coming Robin’s Focus will be to develop sales into new territories and to further grow Intec’s business.

    Robin can be contacted from the 18th November at:
    robin.janes@intecprinters.com
    or via our Sales Co-ordinator,
    Lauren Fox:
    lauren.fox@intecprinters.com
    and on +44 (0)1202 845 960
    (Intec Printing Solutions Limited)
     
    14.11.2013   Future Valmet to supply a complete tissue line for Faderco in Algeria    ( Company news )

    Company news Metso’s Pulp, Paper and Power business, the future Valmet, supplies a complete tissue line for the Algerian company Faderco. The order also includes an automation solution for machine, process and quality controls. The tissue line will be installed on Faderco’s new site at Setif, Algeria. The start-up of the tissue machine is planned for the second quarter of 2015. The value of the order will not be disclosed. A part of the order is included in Metso’s Pulp, Paper and Power segment’s third quarter 2013 orders received, and the automation package in Automation segment's fourth quarter 2013 orders received.
    The order is a result of a long and thorough planning and market evaluation process done by Faderco. "After thorough investigations and evaluation we came to the conclusion that Metso is the right partner for Faderco for such an important project which will establish high quality tissue paper production on the Algerian market,” says Amor Habes, owner of Faderco.
    “We are very impressed with the well founded investment and technical analysis done for the project. The detailed preparation done already in an early stage will certainly contribute to the success of this project. We are proud to be part of the growth of the Faderco company,” says Jan Erikson, Vice President Sales, Pulp, Paper and Power, Metso.

    Technical information
    The tissue production line will have a design capacity of around 30,000 tons a year of high-quality facial, toilet and towel grades. The raw material for the new lines will be virgin fiber.
    Metso’s scope of delivery will comprise of one complete tissue production line featuring stock preparation systems and an Advantage DCT 100+ tissue machine. The machine is equipped with an OptiFlo headbox, a Metso Yankee cylinder, an Advantage AirCap, an Advantage WetDust dust system and an Advantage SoftReel A reel. The stock preparation line consists of OptiSlush pulper, OptiFiner conical refiners and deflaker and OptiScreen screens. Also an advanced MC20T rewinder with calender as well as roll transporting and wrapping equipment is included in the delivery. In addition to the paper making process Metso supplies complete electrical systems and effluent treatment of the waste water coming from the process.
    The delivery also includes an automation package with Metso DNA machine and process controls and Metso IQ quality controls. Complete installation supervision, training, start-up and commissioning are also part of the delivery. The supply is based on total Mill Engineering by Metso. A smooth and successful start-up of the tissue production line is ensured through a one year on-site support, by Metso.
    (Metso's Pulp, Paper and Power segment)
     
    14.11.2013   Voith installs VariFlex winder at Mpact in record time    ( Company news )

    Company news In June 2013, Voith installed a new VariFlex winder at Mpact’s PM 3 in Felixton, South Africa, in just eight days. Two days after start-up, the maximum operating speed of 2,500 m/min was reached.
    With this project Mpact Ltd. pursued two goals: Compared to the former winder, the new VariFlex should feature a 50% higher processing capacity, thus allowing to cope with a planned increase in production at the PM 3 in the future. In addition, the time from switching off the old winder until starting up the VariFlex was reduced to an absolute minimum. The combined efforts of the Voith and Mpact installation teams enabled the start-up of the winder two days earlier than the demanding 10-day planned schedule. The two goals were achieved.
    The efficient installation and start-up process was made possible by a special procedure. Even before the new winder was delivered, it was taken into operation at Voith in Krefeld, Germany, then packed into three oversize containers and shipped to South Africa. In Felixton, a crane lifted the winder into the mill, where it was installed in the course of 24-hour shifts.
    “The new winder has removed the bottleneck in our process. We have already seen an 8 % speed increase on the paper machine and are looking forward to the next machine upgrade knowing we are not constrained of the front end“, says Brian Smith, Mill Manager at Mpact Felixton.
    (Voith Paper GmbH & Co KG)
     
    14.11.2013   Rayonier: China Ministry of Commerce Issues Preliminary Determination for Dissolving Pulp ...    ( Company news )

    Company news ... Anti-Dumping Investigation

    Picture: Paul G. Boynton (Rayonier Chairman, President and CEO)

    Rayonier’s high value Cellulose Specialties excluded from dumping determination

    Rayonier Inc. (NYSE:RYN) announced that on November 6, China’s Ministry of Commerce (MOFCOM) issued the following preliminary determination regarding the import of Rayonier dissolving pulp products into China:
    1) Rayonier’s high purity cellulose acetate and other high purity products will not be subject to any duties as they are specifically exempted.
    2) Rayonier’s lower purity Fibernier grade product used in commodity viscose applications will be subject to a 21.7 percent interim duty effective November 7.

    Paul Boynton, Chairman, President and CEO stated, “While we are pleased that MOFCOM recognized the unique characteristics of our high-purity cellulose specialty products, we intend to challenge the interim duty on commodity viscose as it appears to be based on inaccurate assumptions.”
    In February 2013, MOFCOM initiated an anti-dumping investigation of imports of dissolving wood, cotton and bamboo pulp into China from the U.S., Canada and Brazil during 2012. These determinations by MOFCOM are preliminary and subject to change upon the completion of its investigation and issuance of its final determination, which is expected in the first half of 2014.
    Rayonier is currently reviewing the basis for MOFCOM’s duty calculation and expects to submit a formal response next week. In addition, the Company is evaluating all potential product and market segment options that its broad range of capabilities provides in the event that MOFCOM’s preliminary duty is not materially reduced or eliminated. Rayonier does not expect that MOFCOM’s preliminary duty will materially affect its business results.
    (Rayonier Inc.)
     
    14.11.2013   Heidelberg increases profitability significantly – earnings target confirmed    ( Company news )

    Company news -Operating result excluding special items (EBITDA) of € 33 million in second quarter significantly up on same quarter of the previous year (€ 13 million)
    -Free cash flow for Q2 positive at € 28 million (previous year: € -3 million); net financial debt further reduced
    -Sales at € 593 million in Q2 better than in Q1 (€ 504 million), but well below previous year (€ 697 million); negative impact of strong euro
    -Outlook - net profit remains target for financial year 2013/2014

    Picture: Heidelberg CFO Dirk Kaliebe


    Heidelberger Druckmaschinen AG (Heidelberg)
    significantly improved profitability in the second quarter of financial year 2013/2014 (July 1 to September 30, 2013). As expected, the operating result (EBITDA) in the second quarter was clearly above the previous year's figure. EBITDA for the first half of the year also improved considerably and was positive overall. Net financial debt fell slightly due to the positive free cash flow.
    "We have succeeded in improving profitability significantly in the first half of the year," said Heidelberg CEO Gerold Linzbach. "Given regional and exchange rate constraints, we even exceeded our expectations, having made major progress toward achieving our target for the year of a net profit. Our confidence that we will be able to further build on this significantly in the next financial year is growing in light of the improvements at all levels."
    Consolidated net sales in the second quarter were € 593 million after € 697 million in the same period the previous year, which was influenced by the drupa trade show. As expected, sales rose by around 18 percent on the previous quarter (€ 504 million). At € 1,097 million, they were around 10 percent lower in the first half of 2013/2014 than in the equivalent period of the previous year (€ 1,217 million). Due to the substantial weakening of individual major foreign currencies, negative exchange rate effects amounted to € 30 million in the second quarter alone, with a total of € 42 million in the first half of the year. This currency weakness also led to considerable reluctance to invest in regions such as Brazil.

    Measures to boost profitability deliver results
    As expected, all KPIs affecting the results improved significantly in the second quarter on the same period of the previous year thanks to sustained savings from Focus 2012 and measures to increase margins. EBITDA excluding special items rose considerably from € 13 million in the same quarter of the previous year to € 33 million in the quarter under review. After six months, a clearly positive result of € 31 million was achieved following a figure of € -34 million in the same period of the previous year. The operating result (EBIT) excluding special items in the second quarter was also in the black at € 13 million (previous year: € -7 million). The half-yearly figure improved from € -75 million in the previous year to € -7 million.
    The financial result in the second quarter was € -16 million (previous year: € -11 million) and € -28 million after six months (previous year: € -23 million). The previous year included positive one-time effects from interest on tax refunds. At € -3 million, the pre-tax result in the quarter under review was almost at break-even (previous year: € -35 million). In the first half of 2013/2014, the pre-tax result improved significantly from € -120 million to € -36 million. The net result in the second quarter of the current financial year was € -9 million (previous year: € -31 million). Consequently, the cumulative net result for the first half of the current year improved to around € -47 million after € -108 million in the previous year.
    Incoming orders amounted to € 614 million in the second quarter (previous year: € 667 million). At € 646 million, this matched the average of the previous quarters after adjustment for exchange rate movements. Incoming orders in the first half of 2013/2014 totaled around € 1,257 million. The higher incoming orders of € 1,558 million in the same period the previous year were due, among other things, to the drupa trade show, which was held in the first quarter of 2012/2013. At € 598 million, the Heidelberg Group's order backlog at September 30, 2013 remained stable compared to the previous quarter (€ 602 million).

    Free cash flow positive, net financial debt further reduced
    The positive trend in free cash flow continued and was € 28 million in the second quarter, improving by around € 31 million on the same quarter the previous year thanks to the increased operating result and the freeing up of net working capital. After six months, it had improved by € 143 million to € 28 million on the same period the previous year.
    As a result, net debt fell year-on-year to € 239 million (same quarter of previous year: € 357 million). Despite further payments for Focus 2012 amounting to € 12 million, debt continued to fall in the quarter under review compared with March 31, 2013 (€ 261 million).
    "The measures taken in asset and net working capital management to sustainably cut net debt at Heidelberg as planned are increasingly having an impact," said Heidelberg CFO Dirk Kaliebe. "Our financing structure is on a sound footing in light of our successful issue of a convertible bond and our bond maturing in April 2018."
    As planned, the workforce fell to 13,616 as of September 30, 2013 (same quarter of the previous year: 14,745).

    Outlook: Net profit remains target for financial year 2013/2014
    The outlook for the 2013 / 2014 financial year and the aim of generating a consolidated net profit remain unchanged. In past quarters, Heidelberg has increasingly geared its strategy towards improving profitability in order to become more independent of general economic conditions. The figures for the first half of 2013 / 2014 show that the company is making good progress in this. Nonetheless, the operating break-even point needs to be adjusted further in order to be better prepared for volatility in individual markets among other things. Heidelberg is therefore using all available tools to make working hours more flexible in addition to the measures forming part of the Focus 2012 efficiency program. Furthermore, we will push for a continued improvement in product-specific profit contributions. As in the first half of the year, this will lead to an increase in the result of operating activities excluding special items in the second six-month period; the figure for the year as a whole will be significantly higher than in the previous year.
    In light of the substantial depreciation of certain key foreign currencies, particularly the Japanese yen and the US dollar, we expect currency translation to continue to have a negative impact on sales volumes in the coming months. The reluctance to invest in some markets such as Brazil is likely to persist in the second half of the year. The sales forecast also takes into account possible volume reductions due to the gradual scaling back of low margin business. At present, the overall sales risk amounts to a single-digit percentage compared with the previous year.
    The company anticipates additional extraordinary expenses in the current financial year in connection with Focus 2012. The financial result will improve slightly compared with the prior-year figure, which was reported in accordance with IAS 19 (2004). Given the measures initiated and in light of the positive trend already seen in the first two quarters, Heidelberg continues to strive for a consolidated net profit in the 2013 / 2014 financial year.
    (Heidelberger Druckmaschinen AG)
     
    13.11.2013   Pallmann HydroFiner separates laminated plastics from paper packaging and labels on ...    ( Company news )

    Company news ... a large scale

    Picture: Pallmann HydroFiner separates laminated plastics from paper packaging and labels on a large scale. (Photo: PALLMANN Group, PLMPR026)

    Large amounts of post-consumer laminated plastic packaging can be separated from adhesive labels quickly and efficiently with the HydroFiner from Pallmann. The company is one of the world's leading developers and suppliers of recycling technology and equipment. The HydroFiner made his debut on Pallmann’s stand at K2013.

    Legislation around the world sets strict criteria on disposal of packaging waste, and there is even discussion in some industrialized countries of new laws that would enforce waste handling within the region where it is created. Pallmann anticipates increasing demand for recycling plants to handle this waste. With its decades-long experience in recycling technology, the company is already in a strong position to meet needs for a wide range of recycling needs.

    Now, with the introduction of the HydroFiner, Pallmann is offering a new solution for removing labels from laminated plastic for paper packaging that will facilitate recycling in high volumes. The HydroFiner uses hydro-mechanical action to remove sticky cellulose-based laminate from packaging, yielding high quality clean material for further processing.

    Large amounts of packaging waste created along the supply chain are relatively clean, but less than simple to recycle because they include paper labels, often attached with strong adhesives. The traditional method of recycling such waste is to granulate it and reprocess it in an extruder. However, this requires a lot of melt filtration and frequent changes of melt filters. It may be possible to remove the labels by washing the packaging, but this most probably will require the use of hot water, which obviously consumes energy; the alternative use of solvents introduces another cost.

    “We decided to develop the industrial equivalent of rather basic methods that are already used in developing countries, where large amounts of film waste are handled today,” says Mr. Rolf Gren, Senior Executive VP PALLMANN Group.
    “There, the labels are often removed by vigorously brushing them off manually. We wanted to mimic this process—and obviously improve on it—in a machine.

    “This is what we have in the HydroFiner. Here, a large amount of waste is intensively rubbed between two surfaces, together with a small amount of water. The material rubs mostly against itself, rather than the metal surfaces of the machine, the labels and the glue are separated and removed, and the packaging is reduced to flakes.”

    The process, for which Pallmann has applied for a patent, is based on two discs —a rotor and a stator- with material being fed to the centre via an augur, and then moving to the outside through pairs of intermeshing teeth. The time the material is retained between the discs can be adjusted by changing the speed of the rotor and by adjusting the amount of water. The water is injected at three separate locations to provide increased precision, and is recycled back into the system after use. The HydroFiner is capable of throughputs of up to 1800 kg/hour of packaging waste.

    The HydroFiner has a modular construction that enables it to fit into a 20- or 40-ft container for ease of transport and assembly.

    Pallmann has already sold two HydroFiners, which generated lots of interest at K 2013. “Packaging waste recycling on an industrial scale can only succeed if processors have highly cost-effective equipment to work with,” says Gren. “We believe the HydroFiner can be an important aid to improving their chances of success.”
    (Pallmann Maschinenfabrik GmbH & Co KG)
     
    13.11.2013   KBA: Order and sales shortfall strains earnings    ( Company news )

    Company news Third quarter report for Koenig & Bauer (KBA)

    --- Weak web press market continuing --- Subdued demand in sheetfed and special presses --- Measures to cut personnel and production costs taking effect

    --- Positive cash flow, solid financial profile and high liquidity --- Portfolio expansion in growing packaging segment --- Realignment should sustainably improve earnings --- Outlook for 2013: Profit before special expenses

    Koenig & Bauer (KBA), the world’s second-largest press manufacturer, has scaled down its expectations for 2013. Although previous restructuring measures are taking effect, in the first nine months KBA’s sales and order figures suffered substantially due to market and economic developments. The management now seeks to sustainably improve earnings by advancing the realignment of the group. By the end of the year KBA thus expects negative impacts from restructuring expenses and impairments, the exact amount of which is currently not quantifiable. The company, which has a broad portfolio of sheetfed, web, special and digital press lines addressing diverse print markets, is particularly feeling the effects of the significantly reduced market volume for web presses. In addition, business with sheetfed offset presses and systems for banknote printing was more restrained than expected.
    In the third quarter the volume of new orders in the KBA Group was 7.4% up on the corresponding figure for 2012. For the whole nine months, however, order intake at €709.6m was 14.1% down on the prior-year figure boosted by Drupa (€826m). Additionally, postponed special press shipments led to a 20.3% drop in group sales to €729.9m compared to the previous year (€916.2m). Group order backlog of €627.7m at 30 September was also lower than 2012 (€735.5m). Due to the shortfall in sales and restructuring expenses the operating result came to –€10.7m in comparison to +€18.9m last year. Including a financial loss of –€5.6m, KBA posted a pre-tax loss (EBT) of €16.3m. In the first nine months of 2012 the company showed a profit of €10.8m. Group net results stood at –€20.2m (2012: +€4.5m), which corresponds to earnings per share of –€1.22.

    Diverse development within segments
    KBA achieved the highest figure for the last four quarters in its sheetfed offset segment with new orders from July to September totalling €164.7m. The company’s strong position in the folding carton and metal-decorating market segments has borne fruit. However, after nine months order intake of €458.5m in this division was 11.5% lower than last year’s figure which benefited from Drupa. At €381.4m sales were a modest 3.5% below the previous year (€395.4m). The sheetfed segment posted an operating profit of €1.6m in the third quarter thanks to cost cutting and slightly better prices. At –€7.8m after nine months the operating result was significantly better than in 2012 (–€21.3m).
    Despite KBA’s strong position in newspaper printing and the first orders for the new digital press, new orders in the web and special press fell 18.5% to €251.1m, compared to €308.2m in 2012. Along with investment reluctance of web printers, the security press business which has slowed since the previous year also contributed to this decline. To 30 September sales of web and special presses came to €348.5m, around two-thirds of the prior-year figure of €520.8m. Insufficient capacity utilisation at KBA web press facilities and a smaller earnings contribution of special presses reduced operating result after nine months from €40.2m in 2012 to –€2.9m.

    More domestic sales
    An increase in domestic sales of nearly 50% compared to 2012 reduced the export ratio to 80.4%. At 25.2% (2012: 29.7%) the volume of shipments to other parts of Europe was far below the historical average due to economic weakness. Revenue in the region Asia/Pacific rose from 24.4% to 28.9%. North America contributed 11.2%, Africa and Latin America 15.1% to the group total.

    Solid financial profile and positive cash flows
    Although inventories swelled in preparation for shipments in the fourth quarter, cash flows from operating activities were clearly positive at €30m. This was mainly due to higher customer prepayments and a reduction in trade receivables. After deducting cash flows for investing activities the free cash flow came to €2.1m. Along with ample credit lines, funds stood at €183.7m. Less bank loans down to €14.9m, net liquidity stood at €168.8m. High net liquidity and an equity ratio of 34.9% underscore the continuing solid financial profile of KBA.

    Capacity adjustments continue
    Including 114 career starters at the end of September KBA had 6,218 employees on its group payroll, 94 fewer than twelve months earlier. The training ratio rose from 6.5% to 7.1% with 444 apprentices and trainees group wide. The total at the already consolidated companies belonging to the group is expected to fall further when approved measures and the planned realignment come into effect.

    Outlook for 2013
    Despite strong sales in the fourth quarter typical for the industry, KBA management expects lower annual group sales of around €1.1bn compared to last year (€1.29bn). Revenue of web and special presses will fall further behind last year than sheetfed presses. The KBA subsidiaries targeting metal-decorating and industrial coding will reach or even exceed their targets.
    Management considers the sales and earnings targets for 2013 announced in March and already subdued in the half-year report on 9 August to be no longer attainable. CFO Dr Axel Kaufmann: “Along with the total group sales to be generated by the end of the year, the product mix delivered as well as the extraordinary expenses for restructuring measures and impairments will have a significant impact on the annual result in the group. Currently this amount is not yet foreseeable, but will lead to a loss in 2013. Excluding special items, we are still targeting a positive operating result and balanced group earnings before taxes (EBT).”
    CEO Claus Bolza-Schünemann: “We will provide further information on group realignment by the end of the year as soon as the concept planned is adopted by the management and supervisory boards.”
    (Koenig & Bauer AG (KBA))
     
    13.11.2013   Cascades releases its best quarterly financial results since 2010    ( Company news )

    Company news Cascades Inc. (TSX: CAS), a leader in the recovery and manufacturing of green packaging and tissue paper products, announces its unaudited financial results for the three-month period ended September 30, 2013 .

    Picture: Mario Plourde, President and Chief Executive Officer

    Q3 2013 Highlights
    -Sales of $995 million (compared to $982 million in Q2 2013 (+1%) and $906 million in Q3 2012 (+10%))
    -Excluding specific items
    -EBITDA of $96 million (compared to $83 million in Q2 2013 (+16%) and $78 million in Q3 2012 (+23%))
    -Net earnings per share of $0.07 (compared to net earnings of $0.09 in Q2 2013 and net earnings of $0.05 in Q3 2012) 2
    -Including specific items
    -EBITDA of $83 million (compared to $82 million in Q2 2013 (+1%) and $83 million in Q3 2012 (+0%))
    -Net earnings per share of $0.12 (compared to net earnings of $0.03 in Q2 2013 and net earnings of $0.02 in Q3 2012) 2
    -Net debt of $1,601 million (compared to $1,675 million as at June 30, 2013 ), including $128 million of non-recourse net debt.
    -Ramp-up of the Greenpac containerboard mill progressing as planned.
    -Announcement of plans to convert and start-up a second paper machine at our Tissue Papers Group's Oregon mill.

    Mr. Mario Plourde , President and Chief Executive Officer, had the following comments on the third quarter results:
    "We are pleased with our third quarter results that represent our best EBITDA performance since 2010. Our two largest sectors, Containerboard and Tissue Papers, performed better, both sequentially and year-over-year. Both sectors benefited from improved productivity. The pricing environment in the Containerboard sector and sustained demand in the Tissue Papers sector have also helped to counterbalance higher raw material costs. In Europe, our boxboard activities also slightly improved their results compared to last year and the sequential decrease in volume is usual for this quarter. The Specialty Products Group continues to improve its financial performance. Our EBITDA was negatively impacted by approximately $4 million during the third quarter following flooding incidents resulting in additional maintenance and repair expenses and unplanned downtime for a shortfall of 5,800 tons at our existing containerboard mill in Niagara Falls and 4,000 tons at our fine paper mill in St-Jérôme.
    "The Greenpac mill successfully started its production as planned on July 15. The ramp-up is progressing according to plan and we are pleased with the efficiency of the machine and the quality of the board. Average daily production during the quarter was 532 tons per day with recent peaks at over 1,300 tons on a nameplate capacity of 1,500 tons per day. In addition, although not consolidated in our results, positive operating income before depreciation was achieved in September."

    Results analysis for the three-month period ended September 30, 2013 (compared to the same period last year)
    In comparison with the same period last year, sales increased by 10% to $995 million as a result of higher volumes, favorable exchange rates and higher average selling prices.
    Operating income, excluding specific items, increased from $33 million during in Q3 2012 to $50 million for the third quarter of 2013. In addition to the above-mentioned factors, lower energy costs and the impact of plant closures positively contributed to results and helped to offset higher production and administrative expenses. Compared to the third quarter of 2012, our Containerboard Group significantly improved its operating income due to higher volumes, selling prices and the positive effects of plant closures in Ontario in 2012. Our Tissue Papers Group recorded higher operating income due to higher volumes and selling prices. The operating income for our Boxboard Europe segment was slightly higher due to lower energy costs and the depreciation of the Canadian dollar against the Euro. Finally, the costs related to corporate activities increased due to the fact that costs related to the implementation of our new ERP system are no longer capitalized.
    When including specific items, operating income amounted to $37 million in comparison to $36 million for the same period of last year. In the third quarter of 2013, the following specific items, before income taxes, impacted our operating income and/or net earnings:
    -a $20 million impairment charge recorded within our Specialty Products Group (operating income and net earnings);
    -a $7 million unrealized gain on derivative financial instruments (operating income and net earnings);
    -a $1 million gain on interest rate swaps (net earnings);
    -a $11 million foreign exchange gain on long-term debt and financial instruments (net earnings);
    -a $5 million gain on the share of results of associates, joint ventures and non-controlling interest (unrealized gain on derivative financial instruments (net earnings)).
    Net earnings excluding specific items amounted to $7 million ( $0.07 per share) in the third quarter of 2013 compared to net earnings of $4 million ( $0.05 per share) for the same period in 2012. Including specific items, net earnings amounted to $11 million ( $0.12 per share) compared to net earnings of $2 million ( $0.02 per share) for the same quarter in 2012.

    Results analysis for the three-month period ended September 30, 2013 (compared to the previous quarter)
    In comparison to the previous quarter, sales increased by 1% to reach $995 million due to favorable foreign exchange rates and higher average selling prices partially offset by lower volume in Europe.
    Excluding specific items, operating income increased by more than 28% to reach $50 million . As mentioned above, higher average selling prices improved the operating income along with lower energy and selling and administrative expenses. Net earnings for the third quarter of 2013 were $7 million ( $0.07 per share) compared to net earnings of $8 million ( $0.09 per share) during the previous quarter. Net earnings for the quarter were negatively affected by a higher income tax rate and our share of the results of our investments which now include the contribution of the Greenpac mill.
    Net debt decreased by $74 million to $1,601 million due to the favorable exchange rates and stronger operating results.

    Near-term outlook
    In commenting on the outlook, Mr. Plourde added: "The third quarter results confirm our view that the second half of 2013 will be better in terms of profitability. For the next quarter, we also expect to perform better than last year. Inherent seasonality is always associated with the month of December. The volatility of recycled fibre costs should remain manageable and business indicators still seem favorable.
    We will continue to ramp-up the Greenpac mill. Our objectives of reaching full capacity within 12 months and achieving break-even OIBD for the year 2013 still stand. In addition, as previously announced, we have started to work on our second tissue paper machine at our existing Oregon mill. We are excited about this project which will strengthen our growing presence in the North American tissue market. Finally, normal seasonal reduction of our working capital and careful monitoring of our capital investments should help to reduce our debt close to the year-end 2012 level."
    (Cascades Inc.)
     
    13.11.2013   On track to reach synergy targets ahead of plan    ( Company news )

    Company news CEO Per Lindberg (picture) comments on the development during Q3 2013:
    “Third quarter’s results show a stable performance. Our adjusted operating profit reached SEK 331 million corresponding to an adjusted operating margin of 7% which, taking the negative impact from the planned maintenance shutdowns into consideration is satisfactory.
    The quarter has been very eventful in our production units with two planned maintenance shutdowns in Karlsborg and Skärblacka. After some delay in Skärblacka in connection with the major rebuild, all machines are now up and running again and performing as planned.
    During the quarter, we have agreed on new long-term contracts with all major customers for liquid packaging board, which will contribute to long-term stability of demand. In general, however, the European market currently continues sideways, without strong signs of improvement. We therefore strengthen our efforts to increase sales outside Europe in markets with more healthy demand and we re-allocate resources from Europe to these areas.
    The Board of Directors have approved an investment in one of the board machines in Gävle amounting to approximately SEK 220 million. The purpose of the investment is to increase machine capacity with approximately 10% to support further growth within the attractive liquid packaging board market. The investment will also improve both cost efficiency and product quality and the rebuild will take place during the planned maintenance shutdown next year.
    During the quarter the remaining 70% of the shares in PACCESS Packaging LLC in the US were acquired. This is strengthening BillerudKorsnäs’ position to bring smarter packaging solutions to brand owners and is a further step in challenging conventional packaging.
    The integration efforts are progressing relentlessly and I am pleased to end on the note that we now have realised synergies corresponding to an annual pace of approximately SEK 300 million. The synergy targets are expected to be reached approximately a year ahead of plan during 2014.
    Finally, I just want to remind you of our Capital Markets Day on 14 November 2013, in Stockholm. I hope to meet many of you there.”
    (BillerudKorsnäs AB (publ))
     
    13.11.2013   KaMin LLC Announces Price Increase for Paper Grade Kaolin Clays    ( Company news )

    Company news KaMin LLC announced that it will increase prices for kaolin clay products for the global paper industry 4 to 7% depending on the product category, effective January 1, 2014, or as contracts allow.
    KaMin is committed to investing the necessary resources in technology, innovation and people for long-term sustainability in order to continue to serve its paper customers at a high level. KaMin’s goal is to create the greatest value for its paper customers through partnerships geared towards delivering cost effective solutions designed to reduce coating formulation cost and to optimize paper and printing performance.
    KaMin LLC also announces that its 2014 energy surcharge policy, which will be effective on January 1, 2014, will remain unchanged from the KaMin 2013 energy surcharge policy. The threshold of $6/MMBTU and incremental surcharges by product type will remain the same. This
    policy applies to all slurry, spray-dried hydrous and calcined kaolin grades sold to the paper industry globally.
    (KaMin LLC)
     
    13.11.2013   Great expectations: Bischof + Klein has now commissioned a new cast film line for the ...     ( Company news )

    Company news ...production of label films

    Uwe Wiegand, head of the Industrial Packaging division's marketing department, expresses his high expectations of this modern machine: "Energy and resource efficiency are important factors of sustainable production for Bischof + Klein. This line, which is very large even by our standards, scores points in this regard."
    Bischof + Klein produces a wide range of films for the label industry. The majority of these are cast films. Customers use this film to manufacture a film laminate consisting of a siliconised substrate, e.g. polyester or paper, an adhesive and a cover material, the cast film from B+K. Together with the adhesive, this film subsequently forms the self-adhesive label.
    The films have to meet the highest optical and technical standards and are tailored to meet customers' individual requirements. They are provided with their particular flexibility and strength in special conversion steps. On the new cast film line, a firmly installed reel turner enables easier handling of the large reels, which weigh approx. 1.5 to 2.0 tonnes. Edge strips are directly recycled or further processed. Residual reels can also be recycled directly.
    A new central refrigeration system supplies the line with high-quality cooling water, which circulates in a closed-loop, oxygen-free system. The re-cooling plants on the roof of the central cooling system also help to save significant volumes of energy. Up to an outside temperature of 16 degrees Celsius, they enable "free cooling" without the use of a compressor. Six additional silos supply the line with granules. A further cast film line for producing surface protection films was also installed and connected to the central cooling system this year.
    (B+K Bischof + Klein GmbH & Co. KG)
     
    13.11.2013   WHY TAKE PART IN MIAC TISSUE BUSINESS POINT     ( Company news )

    Company news An event that completely embraces the world of tissue paper in just 2 days!
    A new business concept that brings together Technology, Finished Products, Raw Materials and Services, designed exclusively for companies operating in the tissue paper sector.

    MIAC Tissue Business Point is not a trade fair!
    It is a new business concept reserved to a maximum of 60 Companies organised – every two years – in Lucca, the heart of European tissue paper production and converting.

    New business opportunities!
    MIAC Tissue Business Point has been developed to support corporate interchange, to consolidate existing relationships and to develop and create new business opportunities.

    A streamlined Conference Programme!
    The Conference offers interesting content and studied to provide information dynamically and effectively to all the people involved in the tissue industry sector.

    THE EXHIBITORS OF MIAC TISSUE BUSINESS POINT
    ■ Technology suppliers in the tissue industry sector
    ■ Producers and Converters of tissue paper
    ■ Raw materials suppliers in the tissue industry sector
    ■ Services suppliers in the tissue industry sector

    THE VISITORS OF MIAC TISSUE BUSINESS POINT
    ■ Managers and Technicians of Paper Mills and Converters of tissue paper
    ■ Marketing and commercial department of Paper Mills and Converters
    ■ Big Buyers, Mass Retailers, Wholesalers, Office Suppliers, Paper Trading

    MIAC Tissue Business Point location and opening time:
    ■ Lucca Fiere Exhibition Centre – Via della Chiesa XXXII 237 – 55100 Lucca (Italy)
    ■ 26 – 27 March 2014: business starts at 9.30 a.m. – business ends at 05.30 p.m.
    ■ Entrance to MIAC Tissue Business Point 2014 is free of charge.
    (Edinova Srl)
     
    12.11.2013   Art exhibitions by Manon Bellet with paper from Mitsubishi HiTec Paper    ( Company news )

    Company news Born in Vevey, Manon Bellet lives and works in Berlin. Her first exhibitions in a Swiss museum will take place in the Kunstmuseum Solothurn and in the Musée Jenisch Vevey. The work of Manon Bellet is closely concerned with paper, its fragility and potential to disappear - supported with thermal paper from Mitsubishi.

    Nov 29, 2013 - Feb 2, 2014: Kunstmuseum Solothurn
    March 14, 2014 - June 1, 2014: Musée Jenisch Vevey
    (Mitsubishi HiTec Paper Europe GmbH)
     
    12.11.2013   Sappi Fine Paper Europe invests for cost leadership     ( Company news )

    Sappi Fine Paper Europe has confirmed investment plans over the next three years amounting to approximately €120 million for its two leading coated graphic paper mills which will significantly reduce the cost base and improve the profitability of these two worldclass mills.
    For the Sappi Gratkorn Mill in Austria, the investment will focus on upgrading pulp production facilities, as well as papermaking capabilities. Gratkorn currently produces almost one million tons of coated woodfree paper per annum. The investment is aimed at securing sustained cost reductions, increased flexibility in production and further improved profitability rather than at increasing capacity.
    The investment in Sappi’s Kirkniemi Mill in Finland, one of Europe’s largest and most modern coated magazine paper mills, entails the building of a new power plant on the mill site, significantly improving cost competitiveness and profitability.
    Berry Wiersum, CEO Sappi Fine Paper Europe commented: “Despite a tough environment we are making progress with the necessary transition work identified to strengthen the company and improve our profitability into the future. We are optimistic about our Gratkorn and Kirkniemi investments and look forward to the benefits that they will return to the company in the coming years. The investments are aimed at upgrading, modernising and securing further substantial cost reductions.”
    (Sappi Europe S.A.)
     
    12.11.2013   UPM and Canfor Pulp enter into Pulp Sales Cooperation    ( Company news )

    Company news The Finland-based UPM-Kymmene Corporation (UPM) and the Canada-based Canfor Pulp Products Inc. (Canfor Pulp) have agreed on a strategic sales and marketing cooperation. Beginning 1 January, 2014, UPM’s Pulp Sales network will represent and co-market Canfor Pulp in Europe and China while Canfor Pulp’s sales network will represent and co-market UPM Pulp in North America and Japan. In the initial phase, the cooperation agreement will include six grades of market pulp and approximately one million tonnes of pulp sales from eight mills on three continents.
    Both parties consider the agreement to be a significant strategic step. Customers will benefit from a broader product portfolio consisting of Premium Reinforcing Northern Bleached Softwood Kraft (PRP NBSK), Northern Bleached Softwood Kraft (NBSK), Northern Bleached Birch Kraft (NBBK), Bleached Eucalyptus Kraft (BEK), Unbleached Electrical Kraft Pulp (UBE), and Bleached Chemical Thermo Mechanical Pulp (BCTMP).
    “We are pleased to enter into this sales and marketing cooperation with Canfor Pulp, a renowned pulp producer in the industry. The cooperation will provide our customers with the most versatile range of Northern Softwood, Birch, Eucalyptus and mechanical pulp available in the global market combined with world-class technical service,” said Tomas Wiklund, Vice President, Sales and Marketing, UPM Pulp Business.
    “Canfor Pulp’s grades complement our current softwood and hardwood pulp range very well. The cooperation will also bring us access to new customers in new markets through Canfor’s established sales channels in North America and Japan,” said Wiklund.
    “We are very excited to be entering into this direct-to-market sales cooperation with UPM. This agreement will bring two significant and reputable market pulp producers together to offer our customers a broader technical approach and an enhanced product offering for a total fibre solution,” said Sean Curran, Vice President, Sales and Marketing, Canfor Pulp Products Inc.
    “Since 2009 when UPM started to operate as a market pulp supplier, we have consistently built our sales and customer service network in Europe and China. Today we sell over two million tonnes of our annual pulp production volume of 3.3 million tonnes to external customers mainly in the growing segments of tissue, packaging board and speciality papers in Europe and China,” said UPM’s Tomas Wiklund.
    (UPM)
     
    11.11.2013   Metso's Neles® capping valves give Stora Enso Nymölla mill an automated solution for its ...    ( Company news )

    Company news ... demanding batch cooking process

    Stora Enso Fine Paper’s Nymölla mill in Sweden selected Metso as the supplier of new capping valves for its batch digester line 1. In total, Metso will deliver 5 Neles PZ-series capping valves to replace the mill’s old hydraulic cappers. This gives Stora Enso an automated solution for its digesters replacing old valves and actuators that needed manual assistance in the chip filling phase and increasing overall productivity.
    The Neles PZ series of capping valves improves process safety, enhances process reliability and eliminates unscheduled process downtime thanks to its proven technology. Design features, like a preloading device mounted outside the valve body, prevent chips and liquor from causing hazards. Special interlocking systems, essential to plant safety, help lower maintenance costs.
    The Nymölla mill’s batch cooking process is a very demanding application because magnesium bisulfite is used as a cooking liquor. The local Metso sales and product line teams were able to offer Stora Enso Nymölla mill a solution that fulfilled their requirements by making a few technical changes to the standard Neles PZ-series capping valve design. These details were thoroughly discussed with the customer. Technical compliance, together with a proven track record in similar applications around the world, helped Stora Enso Nymölla mill decide in favor of the new capping valve solution.
    The Nymölla mill specializes in producing high quality office papers and has had a good working relationship with Metso already for decades. Today, the whole mill with two paper machines has an installed base of approximately 1,000 Metso valves. In addition, the mill’s PM 1 and 2 are equipped with Metso's automation system Metso DNA, Metso IQ quality control system, nelesACE basis weight valves and a range of profilers, which are fully integrated with Metso DNA. The new capping valves will also be connected to Metso DNA.
    The valves for this project will be delivered during 2014. All valves are scheduled for installation and commissioning by the end of the second quarter of 2014. The delivery contains 5 Neles PZ capping valves equipped with pneumatic actuators, control centers and Neles SwitchGuard intelligent on/off valve controllers.
    (Metso Oyj)
     
    11.11.2013   Heidelberg and Fujifilm join forces in inkjet printing    ( Company news )

    Company news FUJIFILM Corporation together with FUJIFILM Global Graphic Systems Co., Ltd. (Fujifilm), and Heidelberger Druckmaschinen AG (Heidelberg) have unveiled a strategic partnership in the area of inkjet printing.
    -Strategic global collaboration targets growth potential in commercial and packaging markets
    -Heidelberg gains access to Fujifilm's market-leading Inkjet technology, and Fujifilm will leverage Heidelberg's strengths in engineering and manufacturing 
    -Synergies expected by leveraging sales strength and global customer service network in each company

    Picture: Gerold Linzbach, CEO of Heidelberg

    Two global players have joined forces. Heidelberg, the major provider and partner for the global printing industry, and Fujifilm, the leading manufacturer of computer-to-plate (CTP) plate, are forming a broad alliance aimed at strengthening existing business and establishing a platform to drive new business in future-oriented markets. The alliance has a special focus on bringing next generation products to the attractive digital printing market and gives both companies access to advanced technologies Heidelberg and Fujifilm have in the prepress area. Meeting current and future customer needs remains primary for Fujifilm and Heidelberg as both companies continue to focus their portfolios on market segments with the greatest potential for profitability and growth.

    Heidelberg: "Our goal is to also become a global player in the digital printing applications market."
    "In Fujifilm we have found an internationally recognized partner with innovative strengths in future-oriented areas - consumables and inkjet technology. This marks a significant step forward in our corporate strategy", said Gerold Linzbach, CEO of Heidelberg. "Fujifilm's prepress capabilities and their technologies in the area can enhance and grow existing business. With Fujifilm's inkjet technology we can build on the experience in digital printing gained through other partnerships and quickly move into the peak performance segment. It is our goal to also become a global player in the growing digital printing applications market. Together with Fujifilm we can meet customer needs more efficiently and more quickly. Within three years we envision a sales potential for Heidelberg in the digital business of more than € 200 million."

    Fujifilm: "We can create new markets with our cutting-edge technologies."
    "Fujifilm and Heidelberg have led the printing industry in each domain. Heidelberg's reputation among world's printers is unique", said Shigetaka Komori, Chairman and CEO of FUJIFILM Corporation. "Its strong customer network opens important new possibilities for state of the art inkjet technologies. With Heidelberg's global market presence in the printing industry we can introduce our products to new customer groups and increase their potential. With Heidelberg's manufacturing know-how we will be able to enhance innovation and develop technologies that will open new roads in digital printing. Our cutting-edge inkjet technology, leveraged by the JET PRESS 720 for example, gains a new potential."
    (Heidelberger Druckmaschinen AG)
     
    11.11.2013   NDC at Flexible Packaging Middle East 2013, 9 - 11 December, Abu Dhabi, UAE    ( Company news )

    Company news The 5th edition of AMI's Flexible Packaging Middle East conference will take place at the Sofital Hotel in Abu Dhabi, UAE from 9-11 December 2013. AMI’s Flexible Packaging Middle East conference is an established forum where all stages of the packaging supply chain meet to discuss key trends and developments influencing market growth and profitability.
    The conference provides a comprehensive overview of the latest material, technology and business trends. The table top exhibition which runs alongside the conference provides companies with an excellent opportunity to present novel products and services to a relevant industry audience.
    NDC specializes in the continuous online profile measurement of the thickness of the polymer films used in flexible packaging as well as coatings and laminations, using its unique infrared. Xray and nucleonic scanning measurement solutions and will be participating in the conference with a tabletop display in the exhibition area. Find our display on table no.3.
    We look forward to meeting you in Abu Dhabi!
    (NDC Infrared Engineering)
     
    11.11.2013   Orchids Paper Products Company Announces Retirement Of CEO And Appointment Of Successor    ( Company news )

    Company news Orchids Paper Products Company (NYSE MKT: TIS) announced that Robert A. Snyder, President, Chief Executive Officer and Director of Orchids, will be retiring from the Company upon the expiration of the current term of his employment agreement on December 31, 2013. Mr. Snyder has resigned from the Board of Directors of the Company (the "Board") effective November 4, 2013, and he will step down as President and Chief Executive Officer on November 8, 2013. Mr. Snyder will continue to serve in an advisory role during a transition period through his retirement on December 31, 2013.
    Jeffrey S. Schoen, as former Chairman of the Board, said, "We wish to thank Bob Snyder for his contributions and distinguished service in leading Orchids over the past six years. Through Bob's leadership, the company has continued to grow while delivering significant value to our stockholders. We wish Bob the best of luck."
    Orchids also announced that Mr. Schoen has been elected by the Board to succeed Mr. Snyder as President and Chief Executive Officer of the Company, effective November 8, 2013.
    Mr. Schoen has been a Director of Orchids since 2007 and Chairman of the Board since May 2013. Prior to serving as a Director of Orchids, Mr. Schoen served as Executive Vice President of Cumberland Swan, Inc., a private label manufacturer of personal care products, from 2002 through 2006. From 1999 through 2002, Mr. Schoen was employed by Paragon Trade Brands, a private label manufacturer of disposable diapers and training pants, last serving as Vice President of Operations. Mr. Schoen holds a BS degree in chemical engineering from the University of Wisconsin.
    Effective November 4, 2013, Mr. Schoen resigned from his role as Chairman of the Board, but he continues to serve as a Director. Steven R. Berlin succeeds Mr. Schoen as the new Chairman of the Board.
    On behalf of the Board, Mr. Berlin stated, "The Board is excited to have Jeff Schoen assume the role of President and Chief Executive Officer of Orchids. Jeff is a strong leader and a talented executive, and his extensive knowledge of Orchids and the industry uniquely qualify him to lead the Company going forward."
    (Orchids Paper Products Co)
     
    08.11.2013   Voith chosen to modernize BSC's pulp drying machine    ( Company news )

    Company news Picture: OnQ FormingSens sensor

    Voith has just signed a contract to supply a package of solutions for the modernization of the pulp drying machine at Brazil's only dissolving pulp manufacturer, Bahia Specialty Cellulose (BSC).
    In March 2014, the Voith components will be installed in the forming and press sections of the pulp drying machine to achieve higher added value and quality in the final product.
    The modernization project will optimize the forming section of BSC's pulp drying machine through the installation of automatic vacuum control valves. The process will also become more efficient with a steam box for improved moisture cross profile and an OnQ FormingSens sensor, which measures the water weight in the pulp.
    In the press section, a NipcoFlex shoe press will be installed for higher linear pressure, thus ensuring a significant improvement in web strength. Furthermore, a higher dryness content will be achieved after the press section, allowing production to be increased and/or energy to be saved.
    (Voith Paper GmbH & Co KG)
     
    08.11.2013   De La Rue takes delivery of three POLAR N 115 PRO guillotines    ( Company news )

    Company news The world’s largest integrated banknote printer De La Rue has just taken delivery of three new POLAR N 115 PRO guillotines at its factory in Gateshead.
    De La Rue is replacing four Schneider Senator machines and has selected the make and model only after a thorough investigation of the market. Many of the plants within the De La Rue group are standardising on POLAR cutting technology.
    “We were impressed by the fact the POLAR guillotines would be networked to speed up set up and make the transfer of work between machines very easy,” says the De La Rue process manager at Gateshead. “The thread in banknote paper means the stock can be wavy so the TwinClamp, with swivel backgauge, is ideal and enables us to make micro-adjustments for different stock heights.”
    The TwinClamp is an option that allows users to increase ream height and output, improve quality by more constant clamping and reduce manual intervention.
    The 115cm width of the POLARs marries up comfortably with the largest sheets sizes from the presses at the De La Rue plant. They will run long-life knives supplied and sharpened by a company which understands the particular angles needed for banknote work. The OptiKnife facility on the POLAR N series makes changeover quick and safe.
    The touchscreen programmability and operation on the POLARs is popular with the operators who gave very positive feedback after the practical training. The guillotines are now all available for full production at the plant which operates 24/7 to meet customer demand.
    (POLAR-MOHR Maschinenvertriebsgesellschaft GmbH & Co. KG)
     
    08.11.2013   FORTRESS PAPER RESPONDS TO CHINESE ANTI-DUMPING DUTIES AND IMPLEMENTS...    ( Company news )

    Company news ...SWING MILL STRATEGY

    Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX:FTP) announces that China's Ministry of Commerce ("MOFCOM") has made a preliminary determination to impose an interim duty on the import of Canadian dissolving pulp into China.
    The interim duty applied against the Company’s dissolving pulp imports will be calculated at 13% of the CIF price to China and will be payable in cash bonds in respect of prospective imports during the period between MOFCOM’s preliminary and final determination.
    The interim duty applied against the Company’s imports is consistent with that applied against other Canadian dissolving pulp importers who responded to the investigation.
    The Company is disappointed by MOFCOM's preliminary decision, and believes that the decision represents an unsupported assessment of injury to China's dissolving pulp market and the allegations of 'dumping' activities by Canadian producers. MOFCOM's interim duty will materially harm the business of Chinese viscose fibre producers, which is a significant domestic industry. As set forth in the report, "China's Antidumping Investigations Against Cellulose Pulp" by prominent Canadian economist Michael Stone, changes in the price for dissolving pulp have largely been driven by factors such as the price of cotton and a globally weak textile fibers market. Furthermore, cost of wood fibre is the largest single input cost in dissolving pulp production, which places Chinese producers at a disadvantage due to their need to import fibre and not as a result of any alleged dumping activities by foreign dissolving pulp producers. The duty imposed by MOFCOM will be ineffective in reducing wood fibre costs for Chinese producers, and may end up causing significant harm to China's viscose fibre producers. The complete text of Mr. Stone's report is available on Fortress Paper’s website at www.fortresspaper.com under the heading "Investor Relations" or by request by emailing info@fortresspaper.com. Chadwick Wasilenkoff, Chief Executive Officer of Fortress Paper, commented: "This is a challenging time for Fortress Paper, but we have prepared for this eventuality and have implemented a strategy which should mitigate the short-term adverse effects of MOFCOM's preliminary determination." Mr. Wasilenkoff continued, "We wholly disagree with MOFCOM's conclusion that Canadian dissolving pulp producers are dumping exports in to China and have expressed this view to MOFCOM in the strongest manner. As a response, we are assessing our legal options and will be working with the Canadian government to have this determination reviewed by the WTO."
    Given that MOFCOM's decision is not supported by the facts or the underlying economics, the Company is evaluating its legal options to reverse the preliminary decision of MOFCOM.
    Fortress Paper will initially have 10 days to submit a response to MOFCOM’s preliminary determination.
    The Company is also preparing further submissions to be made to MOFCOM prior to its final determination and is reviewing the possibility of requesting a public hearing. MOFCOM's final determination is expected to be made in February 2014, unless the investigation period is further extended.
    If MOFCOM calculates a final dumping margin lower than 13%, any excess cash bonds paid on shipments during the interim period will be refunded. If the final dumping margin is higher than 13%, any outstanding cash bonds will be fully applied towards the formal import duty on imports subsequent to the final determination, however no additional amount will be payable for imports during the interim period.
    Upon the completion of the investigation and MOFCOM's final determination, an application may be made by the Canadian Government to the World Trade Organization (WTO) to review MOFCOM's determination.
    WTO cases typically have a duration of approximately two years, inclusive of appeal processes. Although Fortress Paper believes that it has strong arguments against the imposition of a dumping duty, there is no assurance that it will be successful in reversing MOFCOM's preliminary determination or in securing the Canadian Government's support in commencing a WTO review.
    In part to mitigate the adverse effects of the dissolving pulp duty, the Company reconfirms that it has the ability to implement its "swing mill" strategy at its Fortress Specialty Cellulose Mill (the "FSC Mill ") . The Company intends to enter into agreements to provide customers with regular volumes of northern bleached hardwood kraft ("NBHK") pulp, including specialty maple NBHK pulp.
    The FSC Mill's commitment to providing customers with regular volumes will allow the Company to secure better purchase orders for its NBHK pulp. The FSC Mill will be able to lower its cost structure accordingly and achieve a capacity increase of approximately 25% when redirecting production from dissolving pulp to NBHK pulp and specialty non-paper grade pulps.
    The FSC Mill is able to swing production between these pulp products because Fortress Paper has, in addition to its expertise in dissolving pulp production, extensive experience in both NBHK pulp and specialty non-paper grade pulp production. Leveraging this expertise, the Company anticipates being able to both provide regular volumes of dissolving pulp and swing production to NBHK pulp with minimal downtime.
    The flexibility derived from the FSC Mill's swing mill strategy should allow the Company to mitigate the adverse impacts resulting from the imposition of the dumping tariff on Canadian dissolving pulp exports into China. The Company anticipates that the adverse impact of any dumping tariff will be limited to the short-term as trade patterns realign to effectively nullify any duty, and expects that global dissolving pulp prices should normalize over the long-term. The redesign of the FSC Mill allows the Company to focus production on the most profitable pulp markets in the interim. The Company is also in the process of expanding its dissolving pulp sales network outside of China in order to secure the best pricing for its dissolving pulp and further mitigate the impact of the duty imposed by MOFCOM.
    (Fortress Paper Ltd)
     
    08.11.2013   NDuraPlate D - High quality screen plates for longer service life    ( Company news )

    Company news The newly developed hole design of the NDuraPlateTM D results in better performance and longer service life. The high quality NDura material improves robustness and wear resistance.
    The product name of the NDuraPlate D is derived from the term daisy, because the new designed perforation is inspired by the shape of the flower. The newly developed screen plate consists of two levels. At a lower level, the countersunk holes represent the center of the daisy. The upper level is composed of standard holes arranged like petals around the center. In interaction with a rotor, the new adjustment creates microturbulences on the plate surface. This leads to faster and better purification of the plate.
    The improvements of the newly designed hole shape of the NDuraPlate D result in either a high increase of the throughput or flake and loss reduction. Production efficiency steadily increases, while the fiber percentage in the rejects remains constant. These advantages lead to significant energy savings as well as a return on investment in up to four months.
    Combined with the Voith rotors for flat screen machines, the interaction with the NDuraPlate D enables extraordinary optimization of the screening process.
    (Voith Paper GmbH & Co KG)
     
    08.11.2013   ACQUISITION OF DAKOTA PACKAGING LIMITED    ( Company news )

    Company news Picture: Colin Day, Chief Executive

    Essentra plc (“Essentra” or “the Company”) announces that it has acquired 100% of the share capital of Dakota Packaging Limited (“Dakota”) for an undisclosed sum. Dakota has been acquired on a cash-free, debt-free basis, and was funded from the Company’s existing facilities.
    Based in Dublin, Dakota is a well-positioned supplier of printed, folding and litho-laminate cartons to the pharmaceutical and healthcare end-markets in Ireland, and will be reported under the Company’s Packaging & Securing Solutions division. The acquisition of Dakota not only reinforces the division’s product range and customer base in healthcare packaging, it also provides significant additional scale in the Irish market. For the year ended 30 September 2013 Dakota generated revenue of €15.2m, and the transaction will be immediately earnings enhancing to the Company.
    Commenting on the acquisition, Colin Day, Chief Executive, said:
    “The acquisition of Dakota is consistent with Essentra’s Vision 2015 strategy of supplementing balanced, profitable organic growth with value-creating transactions. With its complementary product range and strong, long-standing customer relationships, Dakota is not only a compelling fit with our recent acquisition of Contego Healthcare Limited in the attractive growth healthcare and pharmaceutical packaging sector, but also reinforces our position in the sizeable Irish market.”
    (Essentra plc)
     
    08.11.2013   Cham Paper Group Holding AG: Sale of Italian paper mills stopped    ( Company news )

    Company news The sale of the Cham Paper Group's mills in Carmignano and Condino, Italy, to the Delfort Group announced on 15 July 2013 has fallen through on account of the unsuccessful outcome of contract negotiations between the Delfort Group and the Italian employees' representatives in Carmignano.
    This means that both mills will remain in the possession of the Cham Paper Group. They are in a favourable position thanks to the comprehensive restructuring of the Cham Paper Group during the past two years. By contrast, the general manager of the Italian mills, Marcello Di Giacomo, who joined the Cham Paper Group one year ago, will be leaving the Group. His remit will be assumed by the mill managers in Carmignano and Condino, Gianluca Scaglioni and Gerold Zuegg, and the Group's executive management.
    The activities of the Cham Paper Group in Switzerland will not be impacted by retaining the Italian mills. As of this year the Group's industrial operations in Switzerland are focussed on the finishing (coating technology) of sourced base paper and the development, launch and marketing of premium product lines and services. The Group is currently immersed in project planning activities for transforming the 'Papieri' industrial park in Cham into an attractive urban district.
    (Cham Paper Group Schweiz AG)
     
    07.11.2013   Rottneros moves its head office to Vallvik    ( Company news )

    Company news Rottneros Group relocates its head office from Stockholm to Vallvik Mill, one of the group's two pulp mills.

    "In our latest interim report we advised of the change process recently initiated within the Group. I consider that it is vital for Group management to be closer to our operations and consequently feel that our decision to relocate our head office to Vallvik Mill as part of this change process represents a logical step", explains Carl-Johan Jonsson (President and CEO). The moving process will commence immediately.
    (Rottneros AB (publ))
     
    07.11.2013   HP-Commercial Media Evaluation Reports – "Excellent"–awards for Ziegler Paper Mill    ( Company news )

    Company news Ziegler Paper Mill-products awarded with „Excellent“

    With the high-performance inkjet presses T200 and T300, HP has set completely new standards in inkjet printing. High-quality print results not only require perfect machinery engineering, but also high quality paper products. Ziegler Paper products are part of the HP paper program. Z-Advance, Z-Evolution and Z Infinity have been evaluated by HP and their runability has been awarded with the maximum 3 stars, which means "excellent" (= best performing media - excellent characteristics for the intended application).
    (Ziegler Papier AG)
     
    07.11.2013   Future Valmet to deliver recovery boiler single-drum conversion for Stora Enso's Veitsiluoto Mill ..    ( Company news )

    Company news ... in Finland

    Metso’s Pulp, Paper and Power business, the future Valmet, and Stora Enso have signed an agreement on the single-drum conversion of Stora Enso Veitsiluoto Mill’s recovery boiler. The conversion will be completed in the fall of 2014. The value of the order will not be disclosed. The order is included in Pulp, Paper and Power’s third quarter 2013 orders received.
    The recovery boiler was built in 1977 and its current capacity is roughly 2,000 metric tons of dry solids per day. The upper and lower drum of the recovery boiler and the steam generating bank between them will be replaced by a new drum and separate boiler bank elements needed for heat recovery.
    “The conversion will significantly extend the boiler’s lifetime, improve the boiler’s availability, secure safe operation and reduce maintenance costs. Further advantages offered by a single-drum conversion compared to replacing the existing design with a similar one are a shorter down-time and the reliability of the solution,” says Olli Ypyä, Sales Manager, Boiler Conversions, from Metso.
    (Metso's Pulp, Paper and Power segment)
     
    07.11.2013   InterTech Technology Award 2013 – Speedmaster XL 145/162 honored    ( Company news )

    Company news -Double gripper technology and paper stretch compensation result in much lower paper consumption and impress judges
    -Heidelberg wins coveted award for 32nd time

    The Speedmaster XL 145/162 platform from Heidelberger Druckmaschinen AG (Heidelberg) has received the InterTech Technology Award 2013. The judges were particularly impressed with the double gripper technology and motorized paper stretch compensation (remote fan-out control), along with the associated potential for cutting costs in terms of paper consumption and reduced makeready times. This is the very first time in the award's history that press technology in this format class has received the coveted award. Overall, this is the 32nd InterTech Technology Award for an innovation from Heidelberg.

    Double gripper delivery enables flexible job pooling
    When printing mixed forms, the larger the paper format, the greater the flexibility in arranging the individual repeats. In the past, large-format perfectors had two limitations to contend with - smearing during sheet travel and machine-related restrictions in the arrangement of the mixed forms, since corridors for the sheet brakes prevented efficient job pooling and reduced the printable area by up to six percent. Both limitations are now history thanks to the double gripper technology that Heidelberg showcased at drupa 2012. Since the sheet in the delivery is guided by grippers at both the front and rear edges, the sheet guide plate has been eliminated completely and, with it, all the risks of ink buildup and associated scratches. Use of a special brake gripper bar also dispenses with the brake corridors that previously hindered job pooling. Jobs can now be nested over the entire surface of the sheet.
    The elimination of brake corridors results in significant cost reduction, not only for web-to-print shops but also for commercial printing. Paper savings of around 5 cm (1.97 in) across the width of the sheet cut paper costs considerably.

    Motorized paper stretch compensation ensures precise register accuracy
    Heidelberg was the first company in the world to offer motorized paper stretch compensation for large-format applications when it added this function to its Speedmaster XL presses in summer 2012. This technology enables a register error caused by paper distortion at the rear edge of the sheet to be compensated fully automatically from the Prinect Press Center control station. This dispenses with the time-consuming process of manually adjusting the impression cylinder circumferentially or laterally by means of the clamping bar segments. This high register accuracy is a crucial advantage in the production of mixed forms by web-to-print suppliers in particular, as the printer - unlike in conventional commercial printing - has only limited influence over the makeup of the printing form. The mixed forms can easily accommodate up to 100 customer jobs, each of which must be of perfect quality, even if, for example, there are negative 8-point fonts at the rear edge of the sheet in 7B format. What's more, makeready is around ten minutes faster, depending on the machine configuration.
    Used in combination and depending on the machine and job structure, both functions collectively can achieve annual cost savings of several hundred thousand euros.
    "The InterTech Award Technology 2013 for the large-format technology from Heidelberg underscores the credentials of this format class in terms of top productivity and quality, coupled with minimal costs. Users of a Speedmaster XL 145 / XL 162 invest in state-of-the-art technology that supports them in significantly enhancing their competitive position," says Stefan Hasenzahl, head of Very Large Format and Postpress Packaging at Heidelberg.
    (Heidelberger Druckmaschinen AG)
     
    07.11.2013   AVERY DENNISON ENHANCES PERFORMANCE AND SUSTAINABILITY WITH INNOVATIONS...    ( Company news )

    Company news ...INTRODUCED AT LABELEXPO ASIA 2013

    Inspiring innovations, Sustainable growth
    Avery Dennison Booth B48 (Hall E1)
    Labelexpo Asia 2013

    Avery Dennison will introduce a new wave of innovations designed to drive sustainable growth at Labelexpo Asia in Shanghai, China, December 3-6, 2013.
    “Avery Dennison is constantly striving to develop label and packaging innovations that can help converters solve the performance and sustainability challenges they face today,” comments Georges Gravanis, vice president and general manager, Materials Group - Asia Pacific, Avery Dennison. “We are looking forward to engaging Labelexpo Asia 2013 visitors with fresh approaches not only to shelf appeal but to recycling, and productivity as well.”
    One such product is a pressure-sensitive labeling solution that improves the recyclability of PET containers. The Avery Dennison CleanFlake™ (Bottle-to-Bottle) Film portfolio can help increase PET yields thanks to an innovative adhesive and film combination that separates cleanly and efficiently from the PET flakes produced during the recycling process. The result is food grade rPET flakes pure enough to be used to produce new food grade bottles and containers, which conserves virgin PET resources and supports beverage industry leaders’ desire to increase their use of recycled PET bottles.
    Also in the spotlight will be a new platform of adhesives that enable thinner constructions, increased productivity and decreased bleeding. Avery Dennison’s ClearCut™ technology is designed to increase sustainability while improving functional performance and shelf-appeal.
    The Machine Direction Oriented (MDO) films are anchored with Avery Dennison’s new proprietary S7000 adhesive. Film materials using this adhesive deliver excellent clarity, water whitening resistance, less adhesive oozing, and good release profile for high-speed converting and dispensing. The clear, white and metalized feedstocks on PET liners avoid the trade-offs in ooze, dispensing and wet-out typical of thinner films. Offering 31% less material weight and greenhouse gas reductions of 22% compared to similar films, they generate substantial sustainability impact advantages.
    Two new solutions address the special requirements of wine and spirits products. The Aqua Stick™ portfolio utilizes a new adhesive called “Z3338”, which is specifically designed to adhere directly to condensated wine bottles. Ideally suited for variable temperature and humid environments resulting in bottle surface condensation. Aqua Stick’s unique adhesive technology delivers consistent label positioning in these challenging environments often associated with white and sparkling wine applications.
    Aqua Proof™ is a portfolio of synthetic label materials designed to look just like premium paper while delivering the functional benefits of film. These unique label materials are engineered to withstand long term exposure to refrigeration and ice bucket applications, enabling consistent premium product presentation throughout the entire product life cycle.
    These products, as well as many more ground-breaking innovations and new product solutions in the beverage, durables and digital categories, will be launched at the Avery Dennison Booth – at Labelexpo Asia 2013 Booth B48.
    (Avery Dennison Label and Packaging Materials Europe)
     
    07.11.2013   Formation of research alliance for the biotechnological production of biopolymers    ( Company news )

    Company news Research Alliance for the microbial production and application
    of biopolymers

    Picture: Walter Roggenstein, Head of Research and Development at Kelheim Fibres GmbH

    The four partners BRAIN, the Hohenstein Institute, Kelheim Fibres
    and rökona, announce the formation of a new research alliance
    for the biotechnical production and modification of specialty alginates.
    The aim of the alliance is to establish a sustainable microbial
    bioprocess for the production of specialised alginate components.
    The biopolymers should serve a dual purpose: application in high-quality medical product matrices and within the innovative
    textile industry.
    In addition to the Zwingenberg-based biotechnology company BRAIN
    AG, the research alliance involves the Hohenstein Institut für Textilinnovation gGmbH (Bönnigheim), the world's leading manufacturer of specialty viscose fibres Kelheim Fibres GmbH (Kelheim) and the
    manufacturer of highly specialised materials for medical technology
    rökona Textilwerk GmbH (Tübingen).
    The biopolymer products will be used in both topical and wound-phase
    specific dressings, as well as for application-specific modification of
    matrices in technical textiles. Aside from high purity and more defined
    material properties of the biopolymer, the advantage of microbial production processes is an improvement in the environmental efficiency of products. Parts of the alliance research project will be co-financed by the Federal Ministry of Education and Research (BMBF) under grant number 013A126 and the acronym AlBioTex.
    "Alongside our partners in the alliance, we want to build a high-quality bio-based matrix system and at the same time, a sustainable process in terms of the yield and techno-functionality of the biopolymers", explains Dr. Guido Meurer, Unit Head Microbial Production Technologies at BRAIN. “BRAIN has been an active researcher of innovative, supportive, bioactive substances for use in medical products for several years. These substances are then introduced into appropriate biological matrices and ultimately into modern wound dressings.“
    The primary objective of BRAIN, alongside the Hohenstein Institute, is
    to develop microbial production organisms for application in industrial
    quantities of biopolymers in appropriate biofermentation processes on
    an industrial scale. These research results also assist in the common
    aim of developing innovative nonwoven materials.
    "Until now, the variation and optimisation of the material properties of alginate was either not possible at all, or only possible with immense effort. Through the use of biotechnology, a differentiated use of alginates is made possible in the specialised textile field for the first time", says Dr. Timo Hammer, Head of Research in the Department of Hygiene, Environment and Medicine at the Hohenstein Institute, and coordinator of the AlBioTex project.
    The partners Kelheim Fibres and rökona Textilwerk participate in the
    alliance by providing access to high-quality, homogeneous biopolymers.
    The plan is to develop functional textiles with new properties and
    to use them in pilot processes.
    "The production of high-quality and homogeneous biopolymers is crucial
    for our functional viscose fibres based on renewable resources.
    Various functionalities expand this range of innovative fibre properties for new high-tech applications", says Walter Roggenstein, Head of Research and Development at Kelheim Fibres GmbH.
    "The joint research in these two fields, the textile and medical technology industries, is another prime example of the intensification of the biologisation of industries", concludes Dr. Holger Zinke, CEO of
    BRAIN, the motivation behind the research alliance. "Biological knowledge is the driving force of the bioeconomy and industrial biotechnology is one of its most important fields."
    (Kelheim Fibres GmbH)
     
    06.11.2013   Winner of the 2013 Luxe Pack in Green Award    ( Company news )

    Company news Industry acclaim for coffee cup recycling as James Cropper takes Luxepack award

    Finding a way to save 2.5 billion paper cups from landfill has been applauded by the paper packaging industry with James Cropper returning from Luxepack Monaco with the trade exhibition’s annual ‘In Green’ Award, recognising the most innovative, eco-friendly paper production development of 2013.
    The prestigious award, decided by a panel of six judges including Michel Fontaine, President of the French National Packaging Council went to the 168 year old British company in a ceremony held on Wednesday 23 October recognising the development of a ground breaking method of recycling previously unrecyclable paper cups.
    The Reclaimed Fibre Plant, opened in July at a cost of £5 million, leads the way in sustainable paper production. Separating the 5% polythene lining of paper cups, ubiquitous on high streets worldwide, from the 95% of reusable high quality fibre content has been lauded as a landmark development for the paper industry.
    Nigel Read, Sales & Marketing Director of James Cropper Speciality Papers, said: “As regular exhibitors at Luxepack events around the world, we know just how intense the competition is to create new and exciting ideas. That we have been recognised again for investing in ever more progressive methods of production is a result of our unrivalled pedigree, expertise, flexibility and innate curiosity. We’re grateful to a jury of discerning experts for choosing James Cropper to be the recipient of this year’s In Green Award.”
    The paper cup recycling process perfected by James Cropper involves softening the 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. 87% of the water involved is also reused.
    Phil Wild, CEO of James Cropper plc said: “Finding better and more responsible ways to produce the high-quality product our customers expect is central to what we do, so our investment in the Reclaimed Fibre Plant is a natural part of James Cropper’s evolution. The challenge of saving millions of paper cups from landfill was one that someone had to meet and I am very proud that James Cropper was the company to do it. The Luxepack In Green Award is a fantastic achievement to cap a momentous year.”
    (James Cropper Speciality Papers Ltd)
     
    06.11.2013   MERCER INTERNATIONAL INC. REPORTS IMPROVED 2013 THIRD QUARTER RESULTS    ( Company news )

    Mercer International Inc. (Nasdaq: MERC, TSX: MRI.U) reported results for the third quarter ended September 30, 2013. Operating EBITDA* increased in the third quarter of 2013 to €24.8 million ($32.9 million) from €22.3 million ($27.9 million) in the third quarter of 2012 and €14.0 million ($18.3 million) in the second quarter of 2013. Current quarter Operating EBITDA includes €2.9 million of severance and personnel costs associated with our Celgar mill workforce reduction.

    For the third quarter of 2013, our net loss declined to €2.2 million ($2.9 million), or €0.04 ($0.05) per share, from a net loss of €9.7 million ($12.1 million), or €0.17 ($0.21) per share, in the third quarter of 2012 and a net loss of €9.9 million ($12.9 million), or €0.18 ($0.24) per share, for the second quarter of 2013.

    President's Comments

    Mr. Jimmy S.H. Lee, President and Chairman, stated: "In the current quarter, Operating EBITDA improved to €24.8 million from €14.0 million in the prior quarter which included costs and production losses associated with our Celgar mill's shutdown. Our results in the current quarter reflect generally stable Pulp prices, severance and personnel costs associated with the Celgar workforce reduction, a strong Euro versus the U.S. dollar and continued high fiber costs in Germany."

    Mr. Lee added: "At the end of the third quarter of 2013, list prices in Europe were approximately $880 per ADMT and in North America and China were approximately $945 and $695 per ADMT, respectively. A $20 per ADMT price increase in all markets was announced in late September and a further $20 per ADMT price increase has been announced in October 2013. We expect demand and pricing to have an upward trend in the fourth quarter of 2013 due to rising Asian demand, the closure of the Tofte mill in Norway and current NBSK inventory levels being slightly under-balanced at 27 days."

    Mr. Lee continued: "In the current quarter, pulp production was approximately 19,500 ADMTs higher and energy production and sales were also approximately 38,400 MWh and 17,900 MWh higher, respectively, than the second quarter. Our Rosenthal mill completed its annual maintenance shutdown essentially on time and budget and our Stendal mill is scheduled to shut down for its annual maintenance in the fourth quarter."

    Mr. Lee continued: "Fiber costs at our German mills remained at high levels during the third quarter of 2013 due to continuing strong demand from European pellet and board producers. High fiber costs in Germany were partially offset by continuing price decreases in Canada due to strong sawmill activity. Going forward this year, we currently expect fiber costs in Germany to increase slightly and to remain largely unchanged in Canada."

    Mr. Lee added: "In the current quarter, we incurred pre-tax charges of approximately €2.9 million for severance and other personnel related expenses in connection with the Celgar mill workforce reduction. We currently estimate incurring additional pre-tax severance and personnel charges of approximately €1.5 million to €3.0 million in connection therewith in the fourth quarter of 2013 as additional personnel leave the workforce. We expect that our Celgar mill will realize approximately €6.0 million to €7.5 million in annual pre-tax cost savings once the workforce restructuring has been fully implemented, with approximately 80% of such annual cost savings being realized in 2014."

    Mr. Lee continued: "Project Blue Mill at our Stendal mill, designed to increase its annual energy production by 109,000 MWh and annual pulp production by 30,000 ADMTs, is expected to be finalized in mid-November 2013. In the meantime, we are pleased to report that the project's new turbine is ramping up energy production and that electricity is currently being sold."

    Mr. Lee added: "Our Stendal mill successfully amended its senior project finance credit facility and its amortizing term facility in respect of Project Blue Mill to provide it with greater flexibility going forward. IIn connection therewith, we contributed $20.0 million to the capital of Stendal and increased our equity ownership in Stendal to 83.0% from 74.9%."

    Mr. Lee concluded: "We intend to change our reporting currency from Euros to the U.S. dollar for our public reporting commencing with the fourth quarter this year. We believe the use of U.S. Dollar reporting will enhance communication and understanding with shareholders, analysts and other stakeholders and improve comparability of our financial information with other competitors and peer group companies." ...
    (Mercer International Inc.)
     
    06.11.2013   The sustainability of packaging in the retail trade     ( Company news )

    Company news Guido Fuchs (picture) is Project Manager Sustainability at the Coop Genossenschaft in Basel with a focus on sustainability in the non-food segment, the sustainability of packaging, recycling and waste. As an expert on sustainability in the retail trade he has made a name for himself well beyond the borders of Switzerland. Pro Carton spoke to him about his objectives.

    Pro Carton: How can you tell that customers are increasingly looking for sustainable packaging?
    Guido Fuchs: On the one hand our own market research tells us that ecological or easily recyclable/disposable packaging is of great importance to our customers. On the other hand we also receive information via our consumer services when customers have specific or general suggestions/enquiries about packaging materials. In addition we also have feedback from articles published in our own "Coop News" when we report on especially successful or interesting packaging solutions.

    You want to save another 1,250 tonnes of packaging by 2015, more than three per cent. Does that still leave room for further reductions?
    Our long-term project "Packaging sustainability" includes reductions in materials as well as the ecological optimisation of materials. It is not always possible to do without packaging as packaging fulfils important protective and information functions. For example, protection during transport, protection against light and external influences etc., as well as required consumer information due to legal or own guidelines. But packaging also provides marketing and aesthetic functions. In addition we have a regular influx of new products. Our own brands can well contribute between 3,000 to 4,000 new items throughout our company every year. Of course we also examine the packaging for ecological and optimisation aspects at the start of the procurement process. We are convinced that there is further potential for optimisation for existing products well into 2015. The packaging industry as well as the manufacturers of raw materials are, of course, highly innovative and creative. New developments alone give us regular opportunities for optimising existing packaging and ecological improvement.

    With a 53 per cent share of own products there is a lot you can do. Do you also have an influence on other brands?
    We hold regular discussions with the suppliers of branded products. Many suppliers are completely open and together we are able to optimise packaging ecologically. As part of our Natura Award 2012, which honours especially ecology-committed business partners, we awarded a prize for innovative, sustainable packaging for brand manufacturers for the first time. The award went to the Tetra Pak company as they switched their entire range to FSC-certified drinks cartons on our initiative. Direct discussions and incentives such as these do in fact lead to results with suppliers of branded products. But of course, we cannot dictate terms. And by the way, we do not do this with our own production facilities or the manufacturers of own brands. One needs an in-depth professional exchange to arrive at really good solutions.

    One day packaging will have to be 100% sustainable, do you have a personal vision as to when?
    This is a difficult question to answer as there is no generally binding definition of what constitutes sustainable packaging. We try to reach our objectives at two levels:
    -by specifying packaging materials (i.e. no PVC unless an overall ecological assessment is favourable; only materials, wherever possible, which permit material recycling within the Swiss collection and recycling system; packaging which makes optimum use of design, user-friendliness, manufacturing costs and eco-balance, and
    -by integrating the packaging solution as early as possible into the product development and procurement process. I believe we are getting closer and closer to the goal of "sustainable packaging" without having an accurately quantified definition of sustainable packaging.

    How do you assess the role of cartonboard and cartons?
    Again, the answer is not an easy one. For example, if we compare the eco-balance of a carton and a bag of muesli, the carton has a weight disadvantage versus the bag, but the advantage of being a material based on renewable resources which meet high ecological demands. If we had a wish free, it would be weight reduction in this case.
    And then there is the critical question of migration, especially for packaging in direct contact with foods. We would most certainly wish for a barrier paper/cartonboard which is ideally made of recycled fibres or at least FSC-fibres, and which could be disposed of without problems in the Swiss carton collection system and then be used as raw material in the carton industry.
    (Pro Carton - The European Carton Promotion Association)
     
    06.11.2013   Chris McInerney Named Senior Vice President of Sales at FiberMark North America, Inc.    ( Company news )

    Company news FiberMark is pleased to announce the appointment of Chris McInerney (picture) as Senior Vice President of Sales. McInerney comes to FiberMark with 25 years’ experience in the wide format digital imaging industry. He most recently was President/CEO at InteliCoat Technologies. Prior to that McInerney was the sign and wide format imaging Business Unit Manager at DAF Products Inc. and President/CEO of Sign Supply USA.
    In welcoming Mr. McInerney to FiberMark, Anthony MacLaurin, President and CEO of FiberMark says, “We are pleased to have Chris on board with his reputation for leadership and his proven ability to bring new products to market.”
    Mr. McInerney states, “I am thrilled to sign on with FiberMark and be a part of a company that has such extensive resources – including vertically integrated manufacturing, coating and converting of specialty fiber-based materials at five U.S. and two overseas manufacturing plants; worldwide distribution networks that have substantial inventories in place; as well as a global sales and marketing organization.”
    McInerney adds that FiberMark has a growing array of innovative, environmentally responsible, PVC-free durable products which the company is now bringing to the wide format digital imaging industry. “I am eager to bring my expertise in this market to a company that has a unique offering for print media and contribute to its success,” he notes.
    McInerney will assume responsibility for all FiberMark North America, Inc. sales both domestic and international. His focus will be on innovation and growth opportunities for both FiberMark and its customers.
    (FiberMark North America Inc.)
     
    06.11.2013   GLATFELTER REPORTS THIRD QUARTER 2013 RESULTS    ( Company news )

    Adjusted earnings per share increased 25 percent driven by the Dresden acquisition and a favorable tax rate

    Glatfelter (NYSE: GLT) today reported third-quarter 2013 net income of $34.1 million, or $0.77 per diluted share, and adjusted earnings of $24.4 million, or $0.55 per diluted share. These results compare with third-quarter 2012 net income of $20.1 million or $0.46 per diluted share and adjusted earnings in the prior year quarter of $19.4 million or $0.44 per diluted share.

    Consolidated net sales for the third quarter of 2013 totaled $456.6 million, a quarterly record and a 12.9 percent increase compared with $404.4 million in the third quarter of 2012 reflecting organic growth on a constant currency basis of 1.5 percent and acquisition growth of 9.9 percent.

    “We continue to generate healthy growth in our key markets of tea and single-serve coffee, nonwoven wall covering and feminine hygiene,” said Dante C. Parrini, chairman and chief executive officer. “Our Composite Fibers business delivered a very strong quarter with operating profit increasing 84 percent driven by the Dresden acquisition and organic operating profit growth of 17 percent. Our Advanced Airlaid Materials business grew revenue by 14 percent while operating profit declined slightly compared to last year due to two fires at its facilities during the quarter that disrupted operations. Adjusting to exclude the impact of the unplanned outages, Advanced Airlaid Materials business improved operating profit by 23 percent. Our Specialty Papers business continued to experience difficult market conditions that led to a 16 percent decline in operating profit. However, we expect recent announcements of industry capacity closures to improve the market environment as we move into 2014.”

    Mr. Parrini continued, “As we approach the end of 2013, I am encouraged by the performance of our two growth businesses and believe we are well positioned to finish this year strong and with momentum heading into 2014. During the year, we made significant investments to expand our ability to serve attractive global markets where we have leadership positions that I believe will continue to drive improved earnings and healthy free cash flows.” ...
    (Glatfelter Corporate Headquarters)
     
    06.11.2013   ANDRITZ: results for the third quarter of 2013    ( Company news )

    Company news ◾ Order intake and sales significantly increased due to Schuler
    ◾ Sharp drop in earnings due to financial provisions in the PULP & PAPER business area

    Due to consolidation of the Schuler Group acquired in February of this year, international technology Group ANDRITZ saw solid development in sales and order intake in a challenging economic environment in the third quarter of 2013. However, the EBITA declined substantially, mainly as a result of financial provisions in the PULP & PAPER business area.

    ◾ In the third quarter of 2013, sales of the ANDRITZ GROUP amounted to 1,534.5 MEUR, which is an increase of 21.3% compared to last year’s reference period (Q3 2012: 1,265.5 MEUR); this increase is due to consolidation of the Schuler Group. In the first three quarters of 2013, sales of the Group amounted to 4,144.6 MEUR, thus rising by 11.9% compared to the previous year’s reference period (Q1-Q3 2012: 3,703.3 MEUR).

    ◾ The order intake also saw satisfactory development. Due to an increase in the PULP & PAPER business area (+11.1%) and consolidation of the Schuler Group, the order intake of the Group in the third quarter of 2013, at 1,525.3 MEUR, rose by 23.1% compared to last year’s reference period (Q3 2012: 1,238.8 MEUR). In the first three quarters of 2013, the order intake reached 4,051.3 MEUR (+6.8% versus Q1-Q3 2012: 3,793.2 MEUR).

    ◾ As of September 30, 2013, the order backlog, at 7,464.5 MEUR, rose by 12.8% compared to the end of last year (December 31, 2012: 6,614.8 MEUR); this increase is due to the consolidation of Schuler.

    ◾ Earnings (EBITA) of the Group amounted to 70.1 MEUR in the third quarter of 2013, thus declining by 19.0% compared to last year’s reference period (Q3 2012: 86.5 MEUR). The profitability (EBITA margin) amounted to 4.6% (Q3 2012: 6.8%). This significant decline is mainly due to decreasing earnings in the PULP & PAPER business area (additional provisions due to cost overruns in connection with supplies for a pulp mill in South America) and the SEPARATION business area (additional costs related to the market launch of a new product series in China). Earnings of the other business areas saw satisfactory development. Thus, the Group’s EBITA in the first three quarters of 2013 amounted to 167.0 MEUR (-31.0% versus Q1-Q3 2012: 242.1 MEUR) and the EBITA margin to 4.0% (Q1-Q3 2012: 6.5%).

    ◾ Net income amounted to 31.9 MEUR in the third quarter of 2013 (-45.5% versus Q3 2012: 58.5 MEUR) and to 78.8 MEUR in the first three quarters of 2013 (-52.9% versus Q1-Q3 2012: 167.2 MEUR).

    ◾ The net worth position and capital structure as of September 30, 2013 remained solid. Due to the acquisition of Schuler, the net liquidity, at 782.3 MEUR, was substantially below the value as of December 31, 2012 (1,285.7 MEUR).

    On the basis of these expectations, the order backlog, and consolidation of the Schuler Group as of March 1, 2013, the ANDRITZ GROUP expects a rise in sales in the 2013 business year compared to the previous year. However, due to the sharp earnings decline in the PULP & PAPER and SEPARATION business areas, as well as scheduled amortization of intangible assets related to the acquisition of Schuler and provisions in connection with structural improvement measures planned at Schuler, net income will be significantly lower than last year’s reference figure.
    (Andritz AG)
     
    06.11.2013   ZELLCHEMING-Expo 2014 in Frankfurt/Main    ( ZELLCHEMING-Expo 2014 )

    ZELLCHEMING-Expo 2014 Die Rahmenbedingungen für den Umzug der ZELLCHEMING-Expo 2014 nach Frankfurt am Main stehen fest. Wir freuen uns über die Weiterführung des Messe Mottos „Fibers in Process“.

    Die 2012 begründete strategische Zusammenarbeit mit dem Deutschen Fachverlag (dfv) wird weiter ausgebaut. Der dfv bringt das gebündelte Know-how seiner Medienmarken ein und erhöht damit die Attraktivität und Themenvielfalt der ZELLCHEMING-Expo. Entlang der Prozesskette der Papierindustrie und besonders für angrenzende Branchen organisiert der dfv Sonderschauen, Foren- und Kongressangebote.

    Die Mesago Messe Frankfurt GmbH und ZELLCHEMING arbeiten bei der Expo künftig eng zusammen. Mesago ist für die Organisation und Durchführung der Messe verantwortlich, ZELLCHEMING als Fachverein der Zellstoff- und Papierindustrie ist ideeller Träger. Wir freuen uns mit Mesago einen Partner gefunden zu haben, der große Erfahrungen in der Durchführung von technikorientierten Messen am Standort Frankfurt hat. Ihre Ansprechpartnerin bei Mesago ist Frau Anastasia Mey – Tel. +49 (0) 711/61946-31 oder anastasia.mey@mesago.com.
    (Verein der Zellstoff- und Papier-Chemiker und -Ingenieure e.V. - ZELLCHEMING)
     
    05.11.2013   Manroland Sheetfed completes merger formalities...press builder formally becomes ...    ( Company news )

    ... a division of Langley Holdings

    Manroland Sheetfed GmbH, the German printing press builder acquired by the British industrialist Tony Langley in February 2012, has completed legal formalities to incorporate the company as a wholly owned subsidiary of Langley Holdings PLC, the engineering group founded by Mr Langley in 1975.

    The Langley group's Interim Trading Statement for the six months to 30th June reports the Manroland Sheetfed trade in it's results from January this year although the merger was only finally ratified by the German courts earlier this month. Following re-structuring in 2012, the press builder is reported to be trading at break-even this year.

    The Langley group recorded a profit before tax of €41 million for the six months to June 2013 and expects full year profit before tax to be circa €80 million. The enlarged group employs just over 4,000 people worldwide, around half of which are in Germany. Full year revenues are expected to be around €850 million, of which circa €320 million relate to the press builder.

    Founded in 1871, the company that is today Manroland Sheetfed GmbH, is one of only a handful of offset litho press producers worldwide and has been responsible for many of the technological advances in the printing industry throughout the 20th and early 21st centuries.

    The Manroland deal was the third for Langley in Germany since 2001, with other acquisitions in the US, France and the UK during the same period. The group specialises in acquiring under-performing or distressed capital equipment businesses with a strong market position and reputation, then re-organising and developing the businesses it acquires for the long term. To date Langley has not sold any of the businesses it has bought. The group remains 100% privately owned by the Langley family.
    (Manroland Sheetfed GmbH)
     
    04.11.2013   Andlinger & Company take over Eska Graphic Board from H2 Equity Partners    ( Company news )

    Company news Andlinger & Company and H2 Equity Partners announce that they have reached an agreement about the sale of 100% of the shares in Eska Graphic Board B.V. (‘Eska’).
    Eska is a world market leader in the production and sale of graphic board made from 100% recycled paper. Eska’s board products are used in e.g. hardcover books, files, puzzles, games and luxury packaging. In 2012 Eska realised a turnover of 141 million Euro, 95% of which in the form of exports.
    The production takes place in two modern mills in Hoogezand and Sappemeer (NL).
    Eska also has a unique international sales network of its own subsidiaries in six countries. The company employs approximately 450 people, 350 of which are located in the Netherlands. In 2006 Eska was taken over by H2 Equity Partners and the management and ever since has developed into a leading and profitable player in its niche market. Under the flag of Andlinger Eska will continue to work on its international growth strategy. The current management will stay on after the take-over.
    Eska’s Works Council has given a positive advice on the proposed transaction. The trade unions and the Social and Economic Council (SER) have been informed. The transaction is expected to be completed soon.
    The financial details of the transaction will not be published.
    (Eska Graphic Board B.V.)
     
    04.11.2013   rlc | packaging group invests in premium areas of business with a specially configured ...    ( Company news )

    Company news ...Speedmaster XL 106

    -Speedmaster XL 106-9-LYYLYY-1 produces exclusive packaging at Aachen site
    -Unique press configuration combines variety of premium finishing options with maximum productivity and energy efficiency
    -Prinect Inpress Control and Prinect Inspection Control automate quality control processes

    The rlc | packaging group has installed a Speedmaster XL 106-9-LYYLYY-1 from Heidelberger Druckmaschinen AG (Heidelberg) at its Aachen site. The press is equipped with ten inking units, two coating units, and four intermediate units with ultramodern IR, hot-air, and UV dryer technology and an extended delivery. It is rlc's eleventh unit from Heidelberg. By investing in the special configuration, rlc is in particular strengthening its strategic premium areas of business, that is to say confectionery and beauty packaging. Since mid-August, the system supplier for packaging solutions has, as planned, been using the new press for extremely efficient and sustainable production of exclusive premium packaging for manufacturers of branded goods at its Aachen site, formerly Aug. Heinrigs Druck + Verpackung GmbH & Co. KG. In the future, the press will above all be used for high-quality beauty and fine fragrance packaging.
    "This press enables us to meet even the most challenging surface finishing requirements in the beauty and fine fragrance segment and develop completely new finishing solutions for our customers," says rlc management spokesman Hans-Christian Bestehorn. "We are proud to say that excellent cooperation with the experts form Heidelberg has produced one of Europe's most complex and flexible presses for beauty packaging. What's more, the new Speedmaster XL 106 makes our production far more efficient," he adds.

    Customized configuration for optimum solutions
    The Speedmaster XL 106 was developed in close collaboration with the customizing experts at Heidelberg to meet rlc's specific application requirements. "The result is a press that can create unique products. With this unusual configuration, we have succeeded in satisfying rlc's requirement for a variety of inline surface finishing options combined with top print quality," says Stephan Plenz, Member of the Management Board responsible for Heidelberg Equipment.
    Thanks to its excellent energy efficiency, the Speedmaster XL 106 is also one of the most environmentally friendly presses in its class. Heat is recovered from the exhaust air of the DryStar Combination dryers and can be reused for the drying process. "The press meets our high sustainability standards and enables us to combine impressive surface finishes with resource-saving processes," says Bestehorn.

    Special configuration for varied surface finishing options
    "The Speedmaster XL 106 boasts one of the highest performance levels of any press on the market for packaging printers like rlc," says Plenz. The press configuration with complete UV equipment delivers maximum finishing flexibility and, depending on the application, produces up to 18,000 sheets per hour. The inline technology and downstream printing unit support unusual coating effects, producing the finest of screen vignettes and matt/gloss textures.

    Control systems deliver reproducible quality
    The Prinect Inpress Control color measuring system integrated in the press monitors the entire printing process so as to ensure excellent color quality and consistency. The system measures and records process colors, spot colors, and register in the print control strip. The Prinect Inspection Control inline sheet inspection system automatically detects and reports production errors at any speed for maximum reliability in production. "The integrated quality control systems enable operators to make the most of the press's high performance levels. What's more, we can ensure reproducibly high quality to meet even our most discerning customers' requirements," says Holger Müller, Plant Manager at rlc in Aachen.

    Central and efficient control with Prinect
    The Prinect workflow from Heidelberg networks all production operations at the Aachen plant. Prinect Integration Manager controls all production areas - from prepress and press to postpress. Prinect Pressroom Manager is the pressroom's dedicated central information and control system. It links all presses, for example with prepress and the management information system (MIS). Ink presetting values are calculated automatically and press-specific preset values are provided. Prinect Analyze Point automatically subjects the production and quality measurement data recorded by Prinect Inpress Control to a detailed evaluation. This paves the way for efficient use of existing optimization potential. The next step in the development process is linking the Prinect system to SAP.
    (Heidelberger Druckmaschinen AG)
     
    04.11.2013   Marchesini Group opens a new facility    ( Company news )

    Company news The opening ceremony for the new Marchesini Group facility has taken place in front of the corporate Headquarters. The event, attended by 2,500 people among employees, suppliers and friends, also saw the highest national and local authorities taking part in the ceremony, which included Antonio Tajani (Vice-President of the European Commission), Vasco Errani (President of the Emilia Romagna Region), Massimo Scaccabarozzi (President of Farmindustria), S. E. Bishop Ernesto Vecchi (Auxiliary Bishop Emeritus) and Gabriele Minghetti (Mayor of Pianoro).
    With more than 5,400 square meters, the new facility - which cost about 7.5 million Euro and is dedicated to the assembly of complete packaging lines - represents Marchesini Group’s latest ambitious challenge: to keep investing substantial resources despite the serious difficulties that the Italian economy is facing. The idea behind this endeavour is enclosed in the words of Maurizio Marchesini, CEO of the Group and Regional Chairman of Unindustria, in his opening speech: “Not only is the new facility a company asset”, said Marchesini, “but also proof of our confidence in the future, an attitude that we have always had.”
    (Marchesini Group S.p.A.)
     
    04.11.2013   Intec Printing Solutions launches the ‘best cost per copy in it’s class’ digital colour ...    ( Company news )

    Company news ... printer; the Intec CP3000.

    In print environments where everybody is requiring higher quality and striving for a reduction in their printing costs, has today, seen Intec Printing Solutions Limited announce the release of the ‘best in class for cost per copy’ digital colour printer; the Intec CP3000. Known for their innovative and unique range of print solutions, Intec are incredibly proud of this new range of digital colour printers that offers high quality and large volume printing at a fraction of the cost of other systems in the market today.
    Setting new standards in print quality, value and media handling, the CP3000 printer boasts unbeatable cost per print savings against rival digital colour printers within the same arena of print capability. Not only does the CP3000 offer significant image cost savings, which was the key development driver for the range, but the printer also offers fantastic print quality, glossy, rich and vivid colour output onto 75 to 400gsm/micron media, meeting all the expected media requirements which makes it ideal for marketing departments, graphic arts professionals, photography studios, advertising agencies and print companies where imaging cost is paramount to the creation of accessible high quality print.
    The CP3000 series offers a range of professional finishing options ensuring that any one of the models will sit comfortably in any organisation that requires print, allowing users to streamline their workflow and print production processes. The CP3000 can be tailored to their needs, eliminating the outsourcing of their print. Users can easily and quickly create booklets and print that require folding, hole punching, saddle stitching, collation, offset stacking and multi-position stapling from A6 up to SRA3 and banner lengths up to 1.2 metres long.
    Available in all the popular languages for 23 countries worldwide the CP3000 is compatible with Mac OSX and all Windows environments and is available from any one of our global authorised Intec partners.
    Mark Baker-Homes, director of business development at Intec Printing Solutions states; “Pretty much every company is trying to reduce their in-house print and marketing costs. We compared over 10 different A3 laser printers used in a selection of different print environments and this system came out head and shoulders above the rest in terms of print quality and is unbeatable in imaging costs! In this day and age, with the drive towards low cost print, this is an unbeatable combination for any company requiring print.”
    (Intec Printing Solutions Limited)
     
    01.11.2013   Voith eases modernization of S5 controls for paper machines    ( Company news )

    Company news The Siemens PLCs of the S5 series, used for automation in paper machines, will no longer be available in future, with delivery ceasing at the latest in 2015. Thus paper manufacturers need to replace them in the medium to long term and are expected to choose the substantially faster S7 controls. Voith Paper’s OnC StepCore57 is designed to reuse most parts of the existing hardware and facilitate the gradual migration of existing CPU components.
    Unlike other options on the market, OnC StepCore57 is a migration solution which allows hardware components such as I/O cards and PCs or user software to continue to be used. When installing OnC StepCore57, a new plug-in card is all that is required. Existing components can thus be retained and production stoppages due to long rebuilds can be prevented. That ensures system availability.
    It would be clearly more expensive and difficult to replace some sensors and the entire central control unit with I/O hardware. As the migration of existing CPU components into new systems with the aid of OnC StepCore57 takes place gradually, the complete migration based on the kit principle can take place at a later time. That makes investment projectable and manageable.
    The gradual system modernization and expansion can be done during the planned shutdowns. Integration into existing control systems of all Siemens generations also takes place in the process. The knowledge of Voith employees regarding the paper manufacturing process and automation technology is available during the entire migration. A smooth project workflow is thus ensured.
    StepCore57 is offered in three packages, differing in their scope of delivery and service: Basic, Comfort and Premium. These flexible packages can be customized to suit the individual requirements of the plant.
    (Voith Paper GmbH & Co KG)
     
    01.11.2013   Future Valmet to supply a LignoBoost plant for the new biorefinery at the Stora Enso Sunila mill ...    ( Company news )

    Company news ... in Finland

    Metso’s Pulp, Paper and Power business, the future Valmet, will supply a LignoBoost lignin separation plant to Stora Enso’s Sunila mill near Kotka in the south east of Finland. The order is one part of Stora Enso’s EUR 32 million biorefinery project. The start-up is scheduled for the first quarter of 2015. The value of the order will not be disclosed. The order is included in Metso’s Pulp, Paper and Power fourth quarter 2013 orders received.
    The LignoBoost plant is to be integrated with the pulp mill to separate and collect Lignin from the black liquor. The new biorefinery will reduce the CO2 emissions of the mill by replacing a significant amount of natural gas with dried lignin fired in the lime kilns. This is also the first step towards the creation of a new business to sell lignin to external customers.
    “This investment is a significant step in the transformation of the Sunila mill towards an innovative and customer focused biorefinery. It will improve the mill’s environmental performance and enable Stora Enso Biomaterials Division to step into new markets with renewable solutions based on lignin,” says Sakari Eloranta, Senior Vice President, Operations and Investment Projects, Stora Enso Biomaterials.
    “LignoBoost is one of our biotechnology solutions that responds to the growing interest in utilizing bio-based raw materials. The technology was originally developed by Innventia and the Chalmers University of Technology. Metso acquired the technology in 2008 in its entirety and has developed it further. We are happy that we have been able to take this technology to commercial scale in our customer projects”, explains Anders Larsson, Director, Bio Materials, from Metso’s Pulp and Energy business line.
    The order consists of a LignoBoost plant which will produce 50,000 metric tons of dried lignin per year. This will be the second commercial LignoBoost in the world. The first plant started- up this year at the Domtar Plymouth mill North Carolina, USA.
    Stora Enso Biomaterials offers a variety of pulp grades to meet the demands of paper, board and tissue producers. The mission is to develop higher value added bio-based products that contribute positively to our customers by helping them reduce their environmental footprint. The Sunila mill has an annual capacity of 370,000 tonnes of softwood pulp. The mill employs approximately 160 people.
    (Metso's Pulp, Paper and Power segment)
     
    01.11.2013   Leonhard Kurz presents a new edition of its "Presentation" art box    ( Company news )

    Company news "Art in a Box" - the third edition

    Picture: The individual box "Circus"

    The stamping foil manufacturer Kurz will this year be releasing the third edition of its "Presentation” art box, which contains a selection of packaging designs, as well as a contemporary artwork. The new box includes six individual packages centered on the theme "Fantastique”. They depict fantastic worlds like "Circus,” "Deep Sea” and "Space” interpreted in various ways.
    The designs extend to all but one side of each packaging box, which shows a portion of an artwork. When the puzzle pieces are arranged correctly, a colorful painting from the artist Sascha Banck is revealed. This artist lives in the city of Fuerth, where Kurz's headquarters is located, and is a winner of the Fuerth Cultural Promotion Award. Banck has incorporated the fantasy worlds of the packaging boxes thematically into her own work by reinterpreting and integrating various motifs. Both the painting and the packaging designs are intended to provide an alternative blueprint to the rational world. The designs seek to create a mystical mood or surreal atmosphere, awaken illusions, or evoke dream images in the mind of the viewer.
    The packaging boxes have been elaborately finished with hot stamping foils and cold foils in order to support the fantastical character of the designs, and to achieve the desired mood effects. The "Deep Sea” packaging, for example, contains holographic hot stamped designs whose transparently shimmering and mysteriously glittering effects embody the bottomless and unfamiliar deep sea world. The "Circus” packaging is adorned by a sumptuous combination of cold foil transfers and hot stampings, as well as artistic raised relief stampings representing the glamorous world of the circus ring. The "Visionary” packaging, on the other hand, shows sophisticated multi-level relief stampings and playful diffractive designs.
    With this year's presentation box, Kurz hopes to provide designers, product managers and processors with a source of inspiration for imaginative packaging design, and to demonstrate the wide range of possibilities offered by foil finishing. The new art box will be on display for the first time at Luxepack 2013 in Monaco. Visitors to the Kurz booth will be able to take this creative tool home with them immediately. Anyone not able to take advantage of this opportunity can request their own copy by sending an email to PMGraphics@kurz.de. The art boxes are available free-of-charge while stocks last.
    (Leonhard Kurz Stiftung & Co. KG)
     
    01.11.2013   UPM has signed a letter of intent for the sale of the paper machine 4 at UPM Ettringen    ( Company news )

    Company news UPM has signed a letter of intent with company Aviretta for the sale of the paper machine 4 at UPM Ettringen in Germany.
    Aviretta GmbH plans to purchase UPM’s PM 4 in Ettringen and to convert it into a board machine. The planned production capacity would be approximately 210,000 tonnes of board annually. The PM 4 would remain in Ettringen and it is planned that UPM Ettringen should render certain services to Aviretta. UPM would not be a shareholder in this company.
    In April 2013 UPM has announced the permanent closure of the paper machine 4 at Ettringen mill. The continuing challenges in European economy have significantly impacted the consumption of graphic papers.
    “We are pleased about the plans of Aviretta to convert paper machine 4 into a board machine. This setup would also lead to synergies for both contract parties. A thorough examination in the coming weeks will show, whether the planned project could be realized in this form“, says Winfried Schaur, General Manager of UPM Ettringen.
    (UPM Ettringen Paper Mill)
     
    01.11.2013   Fosber signed a letter of intent to form a new joint venture with Dongfang    ( Company news )

    Company news We would like to inform you about an exciting development at FOSBER. In an effort to further develop our participation in the Chinese and India markets, we have signed a letter of intent to form a new joint venture with Dongfang. This JV will be located in China and will develop and offer an economical corrugated line with the “know how” of FOSBER and manufacturing expertise of Dongfang. The product will only be offered in the Asian and Indian market.
    Furthermore Dongfang has organized the eventual purchase of a majority share of FOSBER. This is expected to be complete within 6 months. This will position FOSBER and Dongfang with a lead position in the Global market of corrugated machinery. All management and manufacturing at both FOSBER Italy and FOSBER America will remain the same.
    Jeff Pallini (President of FOSBER America) said “I have had the opportunity to get to know the Dongfang management over these past 6 months. I am impressed with their understanding of Western culture and the importance to have Domestic manufacturing and aftermarket services. There will be no changes here at FOSBER America, as the machinery will continue to come from Italy and Green Bay and all the people here in Green Bay will continue serving our customers as in the past. I do think it will strengthen the overall company as the JV in China has great potential and the young management group at Dongfang (especially Victor Tang, President and Annie Qui, General Manager) are very supportive. FOSBER America has positioned itself in the North American market as the leader in corrugated machinery, rolls and service. We have a culture of working harder than anyone in the industry to make the customer happy and that will not change”.
    (Fosber America Inc.)
     

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