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    RSS-News News RSS-News from paper-world.com - Add to Google! Page:    <<   1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  25  26  27  28  29  30  31   >> 
     
     
    17.03.2014   Fredrik Holgersson new mill manager at Braviken    ( Company news )

    Company news Fredrik Holgersson will be the new mill manager at Holmen Paper’s Braviken Paper Mill outside Norrköping, Sweden. He will replace Rikard Wallin, who is moving on to a new role in the marketing department.

    Fredrik Holgersson, 41, is currently responsible for Operations & Logistics in Holmen Paper’s marketing department. He will be taking over the helm of Braviken Paper Mill in an exciting but challenging period.

    “Braviken has undergone major organisational changes as it adapts to a tough market climate. At the same time we are carrying out proactive product development work to improve profitability. I’m really looking forward to becoming part of the skilled team that will take the mill into the future,” says Fredrik Holgersson.

    “In Fredrik, Braviken gains not only one of our most experienced and analytical people at the helm, but also a skilled leader with the ability to see to that the people around him achieve their full potential,” says Holmen’s incoming President and CEO Henrik Sjölund.

    Fredrik Holgersson replaces Rikard Wallin, who will take over responsibility for Holmen Paper’s increasingly important International Sales. Rikard is also taking over responsibility for Market Intelligence.

    “My ten years at Braviken have been varied, to put it mildly. We have made major investments and also made necessary cuts, including shutting down one paper machine. It was a tough decision, but it has produced results and put us in a better position for the future. I feel that this is the right time to pass on the baton,” says Rikard.

    The changes will apply from 1 April.
    (Holmen Paper AB)
     
    17.03.2014   Mondi Group Full year results for the year ended 31 December 2013    ( Company news )

    Company news Highlights:
    -Record financial performance
    -Underlying operating profit of €699 million, up 22%
    -Underlying earnings of 95 euro cents per share, up 37%
    -ROCE of 15.3%, up 170 basis points
    -2012 packaging acquisitions integrated and synergies on track
    -Strategic capital investments on track, with a number of projects completed
    -Strong de-leveraging with net debt down by €251 million to €1,621 million
    -Cash generated from operations exceeded €1 billion for the first time
    -Total dividend proposed of 36 euro cents per share, up 29%

    David Hathorn (photo), Mondi Group chief executive, said:
    “I am pleased to report a record financial performance, driven by our low cost position, exposure to higher growth markets and ongoing focus on operational excellence.
    While growth in demand for the Group’s key products has remained generally subdued, supply-side constraint has been supportive of pricing. It is particularly pleasing to see how well the integration of the businesses acquired in late 2012 has gone, with synergies delivered in line with target.
    Despite a difficult trading environment, the new business segment of Consumer Packaging has demonstrated its resilience. With order books strengthening in the new year and the structural growth dynamics still very much in place, we remain confident in the future development of this business.
    A further priority in 2013 was the successful development of the various capital expenditure projects initiated over the past two years. It is again pleasing to report that a number of these were delivered during the year, all within budget. The projects that are still in progress remain within budget and on target for their scheduled completion dates over the coming two years.
    The trading environment in the Group’s main markets remains mixed. The increase in the price of recycled containerboard in the second half of 2013 on solid demand growth is encouraging, and should lend support to our other key containerboard grades.
    However, price pressure in most virgin paper grades in the second half of 2013 means that we start the new year with lower pricing than the average for 2013. The near-term outlook for pricing is largely dependent on the strength of the European macroeconomic recovery. In this regard it is encouraging to see a recent pick-up in orders in some of our main product segments and we are in discussions with customers on price increases in certain virgin packaging grades.
    Recent exchange rate volatility in several of the emerging markets in which we operate does create its challenges. However, the Group’s positioning as a net exporter from most of these markets typically allows us to benefit from the devaluation of these currencies relative to the euro. We are confident that the ongoing capital investment programme will contribute meaningfully to our performance going forward. Our proven ability to generate strong cash flow through the cycle provides valuable optionality.
    As such, we remain confident in the Group’s ability to continue delivering industry-leading performance.”
    (Mondi Paperlink Mondi Packaging Distribution Centre)
     
    17.03.2014   J.D. Irving, Limited Launches $513 Million Investments in Forestry and Forest Products ...    ( Company news )

    Company news ... Operations in NB - $450 million Investment at Irving Pulp & Paper

    Irving Pulp & Paper will invest $450 million in a two-phased modernization program of the west side pulp mill. It is the largest investment in a pulp mill in Canada since 1993. The project will generate 1.2 million in person hours of construction work over two phases – equivalent to a total of 600 full-time equivalent (FTE) jobs. The pulp mill investment involves no provincial or federal government funding.
    “This investment is a tribute to the everyday skill, passion and dedication of all employees who help sustain world class forest products operations from our home here in New Brunswick. The pulp mill is a cornerstone for thousands of jobs – from foresters and woods workers to private wood producers, sawmills, paper, corrugated medium and high value tissue products. Throughout New Brunswick, small and medium enterprises are the backbone of the industry – over 1700 suppliers in more than 250 communities.” said Jim Irving, Co-CEO of J.D. Irving, Limited.
    “We appreciate the commitment of the Province to ensure a sustainable wood supply that makes this modernization program possible,” Irving continued. “A growing wood supply will be achieved while ensuring responsible environmental performance that includes watercourse protection, habitat conservation, an ongoing $1.5 million investment in forest research every year as well as independent 3rd party audits. That is the commitment of our team of more than 150 forestry professionals who work in the woods of New Brunswick. ” said Jim Irving.
    This spring the company will invest $198 million in a 24 month project to build a new chip screening and handling system as well as a new pulp digester which cooks the wood chips. The modern new digester will replace the 14 existing digesters at the site. The project will reduce air and noise emissions. As part of the Environmental Impact Assessment process for this project, a public meeting will be held at St. Patrick’s School on March 25, 2014.
    A second investment of $250 million will commence with engineering work this coming fall. The project involves installing a modern new pulp dryer to replace the existing 3 dryers on site. This project is estimated to take 30 months with the construction start date dependent on market conditions.
    “New Brunswick’s forestry sector was built by strong partners, and Irving Pulp and Paper’s $450-million mill rejuvenation project demonstrates that the future of our province’s biggest economic sector is as bright as its past,” said Premier David Alward. “I want to congratulate Irving Pulp and Paper for the confidence it is placing in New Brunswick’s greatest resource, its people. This project will put boots in the woods and in our mills in every region of our province.”
    “We are very excited about this announcement,” said Mel Norton, Mayor of Saint John. “This significant capital investment in Irving Pulp & Paper will not only solidify a major employer in our City but will also assist in maintaining over 160 other businesses in Saint John that provide about $30 million in goods and services a year to this west side facility.”
    “This announcement today is proof of what can happen when government, industry and labour work together to support and strengthen the local economy,” said Jerry Dias, National President at Unifor, the country’s largest private-sector union. “It will sustain thousands of good jobs and Irving’s investment will generate hundreds of new jobs. This means great things for our workers, for the people of Saint John and for communities throughout New Brunswick.”
    (J.D. Irving Limited)
     
    17.03.2014   Spain: Voith to supply coating unit for Europac Duen͂as Papel    ( Company news )

    Company news Europac Papeles y Cartones de Europa S.A. ordered a SpeedSizer applicator unit for the PM 2 of its Duen͂as mill. Start-up of the rebuild is scheduled to be in May 2014. Thus, PM 2 will be able to not only produce normal, but also white coated testliner in the future.
    Voith was chosen to be the supplier due to their extensive know-how and numerous references. Thanks to an attractive, long-term financing concept, Voith was able to provide an additional benefit for Europac.
    Apart from SpeedSizer, the scope of supply comprises the associated workstation and both a starch and a coating color preparation unit. A new CB-Turn ensures non-contact turning of the web, before it is dried by means of a space-saving combination of infrared dryers and downstream air hood. Non-contact high-performance drying is particularly energy-saving, since the air hood is exclusively heated by the waste heat of the infrared dryers. The after-dryer section is to be adapted, with most of the existing parts being reused.
    (Voith Paper GmbH & Co KG)
     
    17.03.2014   Vaahto Group's Financial Statements for 1 January- 31 December 2013    ( Company news )

    Company news Development of business operations
    Vaahto Group’s turnover from continuing operations during the period ending in December 2013 was 36.5 M euros (comparative: 30.4 M euros) and operating profit 1.0 M (operating loss of 4.1 M euros). Turnover increased by 60% in relation to an annualized reference figure, and the operating result improved significantly. The improvement in profitability is due to cost savings and an increase in order volumes. The Group’s order backlog was 6.4 M euros (20.1 M euros) at the closing of the financial year. The period under review is 12 months long, while the reference figures cover 16 months.
    By decision of the Extraordinary Meeting of Shareholders, the financial year of Vaahto Group was changed to run from 1 January to 31 December starting in 2013. Previous financial years ran from 1 September to 31 August. For this reason the financial year 2011-2012 was extended to cover 16 months, from 1 September 2011 to 31 December 2012. Hence, the reference data in the financial statements for 2013 refer to 16 months.

    Vaahto Process Technology
    Vaahto Process Technology’s turnover was 32.2 M euros (24.0 M euros), and the result showed an operating profit of 2.6 M euros (an operating loss of 0.7 M euros).
    Vaahto Process Technology’s market situation in the vessel business was good at the beginning of the period under review but tightened somewhat toward its end. Japrotek Oy Ab delivered a significant order to Sasol Technology in South Africa. Most of that order’s value was booked in as income for 2013. The order involved the design, manufacture, and installation of eight large vessel structures. This project is expected to be complete in the first quarter of the 2014 financial year.
    The market situation for Japrotek Oy Ab’s vessel business remains difficult, but the offer book for 2014 is solid and additional orders from the existing customers have been agreed.
    Vaahto Process Technology’s market situation in the agitator business was good, and new orders were received steadily over the course of the period. In December 2013, Stelzer Rührtechnik International GmbH delivered its largest order ever, to an Asian chemical company. The order was for 1,200 kW agitators intended for high‑technology polymer production. Involving a comprehensive delivery, the challenging nature of this order required world-class project expertise and product development. The agitators were manufactured in Germany, at Stelzer’s Warburg plant.
    The profitability of the agitator business unit is nearly in line with the objectives set, and the outlook for the current financial year is good.

    Vaahto Paper Technology
    Vaahto Paper Technology’s turnover from continuing operations was 4.5 M euros (6.4 M euros) and the operating loss of 0.8 M euros (operating loss of 3.4 M euros). The division’s result was very weak.
    The operating loss from discontinued operations was 4.4 M euros (operating loss -2.3 M euros). This operating loss includes the cost from both the sale of business and discontinued operations. The sale price of the business is not yet final; it includes items to be specified later.
    In the 2012 financial statement, the Group described the sale of Vaahto Paper Technology’s project-business unit and the spare-parts and small-project operations belonging to the company’s service unit as discontinued operations. This business was sold to Gebr. Bellmer GmbH Maschinenfabrik in April 2013. All projects in progress at the time of the sale were transferred to the buyer. Completed projects that are within their warranty period remain with Vaahto Paper Technology Ltd. All estimated liabilities associated with the completion of these projects are included in the balance sheet under “Operations for sale.”
    Vaahto Group intends to divest or discontinue operations of the unprofitable Paper Technology business in its entirety. The Board of Directors is considering various options for the discontinued Paper Technology business, the primary option being a sale of the business. The Service unit of Vaahto Paper Technology Oy is presented in the profit and loss statement as discontinued operations and on the balance sheet as assets and liabilities for sale. AP-Tela Oy, which belongs to Paper Technology-division, is shown under continuing operations.
    The effect of discontinued operations on profit/loss is shown on its own line, separate from continued operations.

    Financing and liquidity
    The cash flow from the Group’s business operations was -2,4 M euros (-4,4 M euros), and the Group’s net financing costs came to 1.0 M euros (1.2 M euros). The cash flow from investments made during the financial year was 0.3 M euros (-1.0 M euros). The Group’s consolidated balance sheet total was 23.6 M euros (30.5 M euros).
    Loans from credit-institutions entail re-payment covenants linked to the Group’s solvency ratio. The year-end accounts of 31 December 2013 are in breach of a covenant, but the Group received assurance from the creditors in question at the close of the 2013 financial period that no consequences of the breach would arise for the Group.
    The financing negotiations of Vaahto Group were concluded on 18 December 2013. The final agreement provides the Group companies with a grace period for receivables of credit institutions for 2014. In addition to the further 2.0 M euros provided by certain shareholders, the financiers of the Group also waived repayment of loans amounting to 1 M euros: 0.83 M euros for the parent company and 0.17 M euros for Vaahto Paper Technology Ltd. These amounts are shown in the financial items of the financial statement.
    Moreover, the Group’s financiers agreed to waive loans totaling 2 M euros, provided that certain conditions of the financing agreement are met. While the Company is likely to meet the conditions set for that waiver during the first quarter of 2014, the financiers will honor the waiver even after the first quarter, when the conditions are met. The financing arrangement includes a further commitment by the financiers to waive loans totaling 1 M euros, provided that the Company can raise at least 1 M euros in new equity by means of a share issue. Conditional waiver of loans totaling 3 M euros from the financial arrangement reached, planned divestment of Paper Technology and Board’s plans for a new share issue, will, once they have been realized, clarify the new, strategy-driven direction and support the financial position and liquidity of the Group.
    However, the Group’s liquidity remains low and the financing will suffice only if the management’s plans succeed and profitability improves.

    Investments
    The Group’s capital expenditure during the period under review came to 0.9 M euros (1.3 M euros). Most of the investments went toward asphalting of the grounds of the Hollola production plant: in total, 0.6 M euros. The other investments consisted mostly of machine and equipment investments for Vaahto Paper Technology’s Service business.

    Environmental affairs
    The financial period saw the conclusion of the work required by the company’s environmental permit for the processing of drainage water on the courtyard of the Hollola plant.

    Research and development
    The Group’s research and development activities focused on the expansion of Vaahto Paper Technology’s range of service products. The scope of research and development activities remained at the previous financial year’s level.

    Human resources
    The average number of personnel employed by the Group during the period under review was 256 (333). In total, 181 of these people were employed in continuing operations. With the sale of the Projects unit on 15 April 2013, 56 people working in business operations in Hollola and 16 in Tampere transferred to Bellmer.

    Risks and uncertainty factors
    Demand for Vaahto Group’s products is highly dependent on economic developments and other trends in both the global economy and the Group’s main customer industries. The risks created by fluctuations in demand are addressed through adaptation of the Group’s sales operations to current trends in the relevant market areas and customer industries.
    Large-scale projects entail the risk of inaccurate assessment of project costs and other risks inherent to projects in the tender stage, which may cause a project’s financial result to be lower than expected. To keep the risks involved in large-scale projects under control, the Group employs several means, such as multiple quality-management systems, profitability analyses, operation guidelines, and approval procedures.
    The objective of the efforts to manage the Group’s financing risks is to minimize the negative impact of changes in financial markets on the Group’s result and to ensure the availability of internal and external funding on competitive terms.
    The risk of property losses, consequential losses, and liability losses caused by business operations is addressed by means of appropriate insurance arrangements.
    The most significant risks associated with continued operations center on the liquidity and solvency of Vaahto Group, on meeting the conditions set by its financiers, on the adequacy of the development measures aimed at increasing profitability, and on the development of customers’ demand and market situations.
    A cash flow forecast extending through February 2015 was prepared to assess the sufficiency of the Group’s working capital. That forecast indicates that the working capital will cover the needs of the coming 12 months, provided that the profitability goals set are reached. However the working capital situation will be tight and its adequacy shall be actively monitored.
    Negotiations with Group’s main financiers on financial restructuring are scheduled for fall 2014.

    Equity capital
    The financial statements of 31 December 2013 include depreciation of 11.1 M euros declared by the parent company, Vaahto Group Plc Oyj, for its subordinated loans to subsidiary Vaahto Paper Technology Ltd. This entry leaves the equity capital of Vaahto Group Plc Oyj at negative 4.3 M euros. On account of the operating loss, also the equity of Vaahto Paper Technology Ltd is negative. The Trade Register has been duly notified of the negative equities.
    After the close of the financial year, the Board of Directors of Vaahto Group Plc Oyj announced that, to strengthen Vaahto Group’s financial position, it intends to issue new shares in the first half of 2014. The Board is also considering various options for divestment of the Paper Technology business, with the primary option being sale of the business. The financial arrangements made and planned are described under “Financing and liquidity.”
    The Annual General Meeting held on 10 April 2013 authorized the Board of Directors to decide on the issuing of new shares in one or more tranches. The maximum number of shares that may be issued is 2,000,000. The authorization is valid until 31 May 2014.
    The Board of Directors has no authorization to issue convertible bonds or warrant bonds or for purchasing or transferring the Group’s own stock.

    Deferred tax liabilities and receivables
    In total, 0.3 M euros of value adjustments for deferred tax receivables from confirmed business losses and deferred depreciations have been booked for the 2013 financial period. After this, the Group has no further deferred tax receivables.

    Administration
    The Annual General Meeting held on 10 April 2013 nominated the following persons as members of the Vaahto Group Plc Oyj Board of Directors:
    Reijo Järvinen, chairman
    Sami Alatalo, deputy chairman
    Topi Karppanen, member
    Mikko Vaahto, member
    Vaahto Group’s CEO during the period under review was Ari Viinikkala.
    After the close of the financial year, Vesa Alatalo was appointed as CEO from 16 January 2014 onward.

    The Group’s accounts have been audited by certified auditing company Ernst & Young Oy. The head auditor was Panu Juonala, Certified Public Accountant.
    The Company follows the 2010 Corporate Governance Code issued for companies listed on the NASDAQ OMX Helsinki exchange. A report on the Group management and steering system is available on the Group’s Web site.

    Development prospects
    Demand for Vaahto Group’s products and its financial situation both are highly dependent on global economic developments and other trends affecting its customer industries.
    Vaahto Paper Technology’s market situation remains uncertain. The market situation for Vaahto Process Technology is expected to be more stable.
    The financing arrangement reached with our financiers, including a conditional waiver of loan repayments, planned divestment of the Paper Technology business, and the Board’s planned share issue, will, once they have been realized, strengthen the strategy of focusing on the Process Technology business and support the financial position and liquidity of the Group.
    The operating result from Vaahto Group’s continuing operations in 2014 is expected to be positive.
    The year-end accounts have been drafted under the going-concern assumption. This requires that the Company in 2014 reaches the result and profitability objectives set in the management forecasts and be able to obtain additional financing and renegotiate the payment terms for its liabilities.

    Developments since the end of the financial year
    Vesa Alatalo was appointed as CEO of Vaahto Group Plc Oyj, with effect from 16 January 2014.
    On 3 February 2014, Vaahto Group Plc Oyj announced a plan to strengthen its strategy focusing on Process Technology’s operations. The Group engages in process technology business through subsidiaries, Japrotek Oy Ab and Stelzer Rührtechnik International GmbH. In line with the strategy change initiated in spring 2013, Vaahto Group intends to divest the unprofitable Paper Technology business. The Board of Directors is considering various options for discontinuation of the associated operations and capital, with the primary option being sale of the relevant business.

    Distribution of profit
    The parent company made a business loss of 8,120,359.08 euros, and the company has no distributable funds.
    The Board of Directors proposes to the General Meeting that no dividends be distributed and that the loss be covered with funds from the profit account.

    The General Meeting of Shareholders
    The General Meeting of Shareholders of Vaahto Group Plc Oyj will be held in Sibelius Hall, Lahti, on 15 April 2014, at 13:00.

    Vaahto Group’s interim management statement
    Instead of an interim report for the first quarter of the 2014 financial year, Vaahto Group Plc Oyj will publish the Interim Management Statement on 16 May 2014.
    (Vaahto Group Plc Oyj)
     
    17.03.2014   Ricoh is number one choice for colour and mono cut sheet press and celebrates the ...    ( Company news )

    Company news ... three year anniversary of its Heidelberg partnership

    Ricoh Europe remains the number one choice for colour, digital cut sheet presses in Western Europe for 2013 for the second full year (based on unit placements reported by InfoSource). The 36.2 per cent market share has been achieved as commercial and corporate printers selected Ricoh’s Pro™ C901 and Pro™ C751 series models for their digital printing services. It has also been further improved by the popularity of Ricoh’s Pro™ C5110 series, the light production press, which combines affordability with premium print quality, versatile media handling and a compact footprint.

    In addition, production printing buyers chose Ricoh branded mono systems over all others, putting Ricoh into number one position for mono production printing unit placements for 2013 in Western Europe with a share of 24.0% (InfoSource).

    This success comes ahead of Ricoh and Heidelberger Druckmaschinen AG (Heidelberg) celebrating the third anniversary of their digital press partnership, which was announced in spring 2011.

    Since drupa 2012 Heidelberg has been offering Ricoh’s Pro™ C901 and Pro™ C751 series as Linoprint C 901 and C 751. In combination with the Prinect Digital Print Manager both systems can be integrated in Heidelberg’s Prinect print-shop workflow enabling printers to integrate their offset and digital technologies in one workflow.

    Peter Williams, Executive Director and Head of Production Printing Business Group, Ricoh Europe PLC says, “The development of our technology and services focuses on supporting the changing needs of the commercial and corporate printer to grow their business in print and beyond while improving efficiency and profitability. We are delighted that these businesses have made us first choice for colour in Western Europe overall and also number one in the top seven markets by size: Germany, the United Kingdom, France, Italy, Spain, The Netherlands and Sweden. As well as in the fast emerging market of Turkey.

    Furthermore, our partnership with Heidelberg is going from strength to strength. Print services providers are investing in digital colour cut sheet systems as a result of their deep long term relationship with Heidelberg and are contributing to the continuing popularity of Ricoh technology among commercial printers.”

    Jason R. Oliver, Senior Vice President Business Area Digital at Heidelberg, says “Our partnership with Ricoh in Europe and around the globe is a unique success. Thanks to Ricoh print technology and our own Prinect workflow, we offer commercial printers a digital or an offset choice – all from one company. Customers who have bought our Linoprint C products are opening new value-added opportunities like hybrid applications as a combination of offset and digital technologies. Our clients are seeking to achieve the right digital/offset balance in their business, integrating digital capability into their existing print infrastructure; all driven by our Prinect workflow. For them, buying through Heidelberg is the natural choice. The feedback that we get from our clients who are investing in our Linoprint C digital devices has been exceptionally positive.”

    Louis Bracey from Apple Colour in Bristol UK states: “To Apple Colour the installation of our Linoprint C 901 digital press has meant that we can offer our customers a wider range of professional services. Key to this is that the C 901 is fully connected to our Heidelberg Prinect workflow system. This means we can address shorter runs, mail sorted print runs and gain new business.” (www.applecolour.co.uk)

    “The last three years have seen many changes in the European production printing environment. And the rate of change will not slow down,” Williams says. “We see confidence returning to the professional printing community, whose business clients are starting to invest again in marketing and communications. Importantly this does not mean a return to the old world order. Permanent change is essential. Successful Print Services Providers are anticipating and adapting to clients who are demanding fast and agile support from their key suppliers. Speed and flexibility are essential. Print that connects with online is an essential element for marketing campaigns. The harnessing of Big Data, highly targeted direct mail as part of cross media campaigns, and short run books are also key features of today’s evolving landscape. And sustainability too is becoming important to clients who are elevating it towards the top of their corporate agendas again.”
    (Ricoh Europe PLC)
     
    17.03.2014   TSC at interpack 2014 - Hall 12, Booth A01    ( Company news )

    Company news For the first time TSC Auto ID will have its own stand at interpack in Dusseldorf, Germany. In hall 12, booth A01 the world wide operating manufacturer of powerful thermal direct and thermal transfer printers is presenting its entire product family and efficient labeling solutions to boost productivity and efficiency in the companies. An absolute highlight will be the brand new high-performance MX240 series which offers top performance features and futuristic design and set high standards in industrial label printing.

    Thanks to its specific attributes the revolutionary development is excellently suited to professional labeling in clean room environ-ments such as in food or electronics industry or in health care. The MX240 series offers the highest memory capacities including 256 MB SDRAM and 128 MB FLASH - and a high-resolution 4.3“ color display combined with the latest touch-panel technology. A powerful 32 bit high-performance processor enables fast print speeds and ensures continuous printing because the thermal transfer printer was specially built from the ground up to deliver 24x7 mission critical performance. The basic differences between the three models in this series are their print resolutions and their print speed: The MX240 prints at 203 dpi at speeds up to fourteen inches per second, MX340 offers 300 dpi resolution at speeds up to twelve inches per second, and the MX640 features 600 dpi high resolution which makes it ideal for printing very small 2D barcodes, graphics, fine print and other ultra-high-resolution images.

    A useful addition
    Also interesting for the visitors are the wireless industrial mobile computers of TSC partner CipherLab, delivering an optimal combi-nation of powerful computing, fast data capture and easy infor-mation access in a single, lightweight device. They enable continual workflow and constant connectivity at the point of use – between the shelves in the supermarket, in storage or during transport. Data transmission is carried out in online mode via WLAN or Bluetooth. In offline mode the data will be temporarily stored and then trans-ferred by a docking station.

    A rugged labeling system for parcels and pallets
    Another highlight will be the new labeling system MCA3500, TSC partner Dalektron has been developed for labeling of unsorted par-cels and pallets with different sizes moving along a conveyor belt. For this installation the powerful thermal transfer printers of TSC`s TTP-2410M Pro series are preferred. A robot-controlled lift arm with a pneumatic vacuum stamp ensures that the labels can be securely applied at the side of different parcels. Depending on application requirements label formats and print width of 104 mm can be pro-cessed with up to 720 labels per hour. The data connection to a primary host system is also possible such as a stand-alone-solution via SD card slot. Mounted on a rolling aluminium frame the rugged labeling system can be adjusted individually for each position in accordance with the product and need. It only requires a 3 or 6 bar compressed air connection and a 230 V outlet.

    During the whole fair TSC´s motivated and qualified specialists will be present at booth A01 in hall 12. Visitors of the fair will find TSC´ innovative industrial, desktop and portable printers at the booths of their partners too.
    (TSC Auto ID Technology EMEA GmbH)
     
    14.03.2014   Portucel Soporcel group raises UWF paper prices in Europe    ( Company news )

    Company news Demand increases in all leading markets

    •Increase of 3% to 5% for April
    •Growing pressure from the industry's cost structure and historically low prices lead to plant closures in the US and in Europe

    The Portucel Soporcel group, Portugal's second leading exporter, is set to increase the prices for its UWF (uncoated woodfree) paper products across all European markets, as from the beginning of April, mirroring the two increases already implemented by the Group this year, with complete success, in the US, Middle East, African and Asian
    markets and an increase in Latin America.
    The strong pressure on the industry's cost structure, which has undermined profitability and led to the closure of several plants in the US and Europe, has made this price review inevitable, together with the fact that prices dropped by around 3% throughout 2013 alone, according to relevant benchmark indicators in Europe. It is necessary to go back three and a half years, to summer 2010, to find prices lower than they are at present, it is also worth to underline that in more than three decades only during six periods of time real prices were actually lower than they are today.
    European leader in the production of UWF paper, the Portucel Soporcel group will raise its prices in the European market for all its products by 3% to 5%, corresponding to the signs of growing demand detected in the early months of 2014. Since the start of the year, demand has consistently increased, and order books at all the Group's mills are at their highest level ever for this time of the year.
    The Portucel Soporcel group markets products to 118 countries under its own paper brands with a strong reputation for superior quality - Navigator, Pioneer, Inacopia, Explorer, Target, Discovery and Multioffice. The Navigator brand, in particular, is the world's best-selling office paper in the premium segment.
    (Soporcel-Sociedade Portuguesa de Papel SA)
     
    14.03.2014   MarquipWardUnited Launches the eCon Sheeter    ( Company news )

    Company news MarquipWardUnited unveiled their latest sheeting machine, the eCon sheeter at their facility in Phillips, Wisconsin, USA, in early 2014 to a group of local and international customers and agents. This in itself, was a very exciting event, however, the launch of this sheeter was different than any other product launch made in the history of the Company.

    In response to the growing demand for lower cost sheeting solutions sought worldwide, leadership at MarquipWardUnited handed the engineering department a seemingly impossible task - produce a sheeting machine incorporating famous MarquipWardUnited technical features, but with a price to match machinery manufactured in Asia. This task was made even more difficult because the supply of parts or assemblies from low cost labor regions was ruled out. The team did not disappoint and eCon was born.

    This sheeter is built with components sourced from first-class American or European suppliers and has a build quality normally found on more expensive sheeters. Best of all, the eCon is built entirely in Phillips Wisconsin USA.

    The eCon is supplied in two configurations offering the normal features required for high quality sheeting. A small number of options, augment the highly standardized two-web and four-web configurations. Standardization is the key feature that allows this high quality machine to be offered at such an attractive price level.

    The eCon features the industry leading MarquipWardUnited knife technology with features such as, on machine grinding, low power consumption, and 1000gsm capacity. At 1650mm (65”) width and a maximum speed of 300m/min, the eCon offers fantastic value for customers with straightforward paper or board sheeting needs.
    Even though the eCon is a budget model, the PC based controls package and HMI are easier than ever to use, offering market leading on-screen and remote diagnostics.

    With modern offset presses achieving ever higher running speeds and short setup times, the quality of sheets delivered to the press is more critical than ever. Sheets with curl, dusty edges, poor squareness or accuracy will restrict the potential of the press to a point where the cost of a quality sheeter is almost insignificant compared to money lost through poor press production and waste.

    When a sheeter is installed in a commercial printing or folding carton plant, it quickly becomes the most critical uptime center. In basic terms, if the sheeter stops, the whole plant soon follows.

    With reliability and uptime in mind, eCon loses nothing compared to its more expensive and automated stable mates. PC control, first class electrical and mechanical components, backed by the most comprehensive international service and spares network offered by any sheeter manufacturer, ensure that your plant gets sheets when you need them.

    So now you can afford to buy the sheeter your production team wants at a price that keeps your CFO happy too.

    The eCon is designed to work and priced to sell.

    Contact MarquipWardUnited at sales@marquipwardunited.com
    (MWU MarquipWardUnited Inc. Corporate Headquarters)
     
    14.03.2014   Spanish paper mill Paprinsa relies on Voith Service    ( Company news )

    Company news Two Spanish paper mills already rely on Voith’s services – now Voith has signed a 5 year service contract with Papelera del Principado S.A. - Paprinsa. Voith will supply the mill maintenance services for the Paprinsa mill, located in Mollerussa (Lleida) in the northern part of Spain. With this 5 year performance maintenance agreement Voith will establish and manage all maintenance systems, processes and procedures in the mill.
    “We are pleased to cooperate with Voith in creating a world-class operation at our Paprinsa site” commented Javier Farré, Managing Director. “The outsourcing of maintenance was decided after visiting other sites in Spain convincing us of the benefits, performance and customer satisfaction of Voith performance maintenance services, which will further contribute to our operational performance.”
    Voith offers worldwide flexible services for servicing and maintenance that can be specifically adapted to the customer's production and maintenance needs. The Resident Service contract with Paprinsa includes the full responsibility for the maintenance business process targeting lower maintenance cost and a higher time efficiency. In order to capture the correct starting point in the preparation phase, the customer and Voith jointly conducted a number of deep investigations with main focus on current maintenance process, instituted HSE (safety, health and environmental) guidelines and the condition of the installations onsite. Based on the results, the project team commonly defined the project objectives and the improvement expectations. In this project Voith will do the maintenance management and take care of maintenance personnel demand. The project implementation started in January 2014.
    (Voith Paper GmbH & Co KG)
     
    14.03.2014   Pöyry awarded EPCM services assignment for state-of-the-art greenfield pulp mill in Brazil    ( Company news )

    Company news Klabin has awarded Pöyry with the assignment for the Engineering, Procurement and Construction Management (EPCM) services for a relevant part of the Balance of Plant (BOP) at the Puma Project in Brazil. The scope of work includes the required interconnection between all process EPCs areas, water intake and effluent outfall systems, cooling tower, central control room, chemicals handling and other complementary systems.
    The new, state-of-the-art greenfield pulp mill - "PUMA Project", will be located in Ortigueira, Parana State, in the South of Brazil. Raw material for the mill will be eucalyptus and pinus wood from own plantations in the surrounding area. The annual capacity target for the pulp mill is 1.1 million Air Dry tons (ADt) of eucalyptus-baled bleached pulp and 0.4 million ADt of pine bleached pulp, baled and also converted to fluff.
    Pöyry has been involved in the project since January 2012 when it was awarded an assignment for environmental studies and basic engineering by Klabin. Pöyry was also awarded a preparatory work for mill infrastructure.
    The Puma Project is the largest investment in Klabin's history. The company that was founded in 1899, already operates 16 industrial plants - 15 in Brazil and one in Argentina, focusing on markets such as packaging paper and board, corrugated packaging and industrial bags.
    "This assignment strengthens Pöyry's position as the world's leading pulp and paper engineering consultancy, having delivered projects for 80% of the world's major pulp and paper companies", says Martin Kuzaj, President of Pöyry's Industry Business Group.
    The parties have agreed that the value of the assignment is not disclosed. The order will be recognised within the Industry Business Group order stock in the first quarter, 2014.
    (Pöyry Plc)
     
    14.03.2014   Cost-cutting and changed lifestyles drive lightweight packaging in Australia    ( Company news )

    Company news According to a new packaging report from Canadean, the Australian packaging market is expected to grow at a volume compound annual growth rate (CAGR) of 2.21% up to 2017. Australia’s increasing older population, shrinking household sizes and cost-cutting drive the need for smaller, lightweight packs.
    The Australian packaging market is being influenced by the rapid growth in the country’s older population, resulting in demand for packs that are lightweight, easy-to-open and have clear labelling.
    In 2012, 14.4% of the populace were over the age of 65, this figure is expected to increase to 17% by 2020.
    Smaller household sizes and the increasing number of single-person households is creating further demand for smaller and single-serve packs as they provide greater convenience for on-the-go consumption, particularly for working professionals, students, and consumers who lead busy lives. With busier lifestyles, there is expected to be a greater demand for easy-to-prepare and ready-to-eat food products.
    Australian packaging manufacturers are using various strategies to meet the new demographic changes and cost-cutting needs such as new lightweight materials. For instance, Coca-Cola’s Mount Franklin packaged water has been made in a new PET bottle that is 35% lighter than its previous version, while the plastic packaging firm, Brickwood, has introduced the lightweight bottle called “Infini” for milk packaging, which is 22% lighter than any other rigid plastic packaging for milk. In addition, some product manufacturers in the Australian market have made efforts to reduce their environmental impact by launching product packaging which is environmentally friendly. For example, Cadbury redesigned the packaging for its Cadbury block chocolates, shifting from its earlier metallised paper wrapper that was not recyclable. The newly designed pack format is made from 100% recyclable paper, is re-closable, and also acts as a tray for sharing, adding convenience for consumers.
    This information is based on findings from Canadean’s packaging report: ‘Latest Trends and Key Issues in the Australian Retail Packaging Market’.
    (Canadean Ltd.)
     
    14.03.2014   TNPL Q3 Net up by 106%    ( Company news )

    Company news -During the quarter ended 31.12.2013, TNPL has produced 100969 Mts of paper against 93199 Mts in the Previous Year. The Sales also has increased from 97055 Mts to 102062 Mts. The total revenue during the quarter is `580.70 Crore against `459.26 Crore in the previous year.
    -Profit before Tax (PBT) for the quarter ended 31.12.2013 is `50.07 Crore against `21.74 Crore in the previous year. `46.77Crore has been provided for depreciation and `35.60 Crore for finance charges.
    -Profit after Tax (PAT) for the quarter ended 31.12.2013 is `36.89 Crore against `17.91 Crore in the previous year registering a growth of 106%.
    -Profit after tax (PAT) for the Nine Months ended 31.12.2013 is `113.06 Crore against `50.36 Crore in the previous year.
    -The company has commissioned the Revamping of Steam and Power project during January 2014 at a capital outlay of `167 Crore. After meeting the entire requirement of power, 7 MW surplus power is exported to TANGEDCO.
    -The Wet Ground Calcium Carbonate (WGCC) plant put up on BOO basis commenced production on 12.01.2014. The plant produces 100MT of Wet Calcium Carbonate (WCC) per day and the entire production is consumed by TNPL.
    (Tamil Nadu Newsprint and Papers Limited)
     
    14.03.2014   Valmet and Pesmel deepen cooperation in roll handling technology    ( Company news )

    Company news Valmet deepens its over 20 year's cooperation with Pesmel along its latest business reorganization. According to the signed cooperation agreement, Pesmel will act in the future as Valmet's exclusive contract supplier in roll handling, packing, and storing technology. Pesmel will take full responsibility of Valmet's roll handling and packing systems, R&D, manufacturing, and system deliveries. Valmet will continue roll handling and packing systems sales as part of its project sales under the Valmet brand; and Pesmel will start the sales of Valmet products as part of its project sales through its own sales channels under the Pesmel brand.
    Pesmel's organization and current product portfolio matches well with Valmet's roll handling business. Pesmel's strong engineering resources will set a good basis for the development of Valmet OptiWrap product family in the future. "Pesmel's first roll handling deliveries with Valmet technology are already going on," says Valmet's Paper Mills Business Unit President Kari Nettamo. Along with the responsibilities, key resources have been transferred to Pesmel's payroll.
    According to Pesmel's President and CEO Tony Leikas, both parties see the deepened cooperation as a unique chance to improve their market position. "Together these companies form the strongest player in roll handling business with a wide product portfolio. Contract supplying is expected to increase the paper segment business and to also create new prospects for the TransRoll® high rise storage concept."
    (Valmet Corporation)
     
    14.03.2014   Zellcheming-Expo: Exhibitors show confidence in the exhibition site Messe Frankfurt    ( Company news )

    Company news Many stands in hall 11 on the exhibition site in Frankfurt are already booked by exhibitors from all areas of the pulp and paper industry during Zellcheming-Expo from 24 - 26 June 2014. One glance in the exhibitor list shows well-known industry players and promises established quality and a fresh breeze at the same time.
    Renowned companies grant visitors a comprehensive insight and an overview concerning solutions in the chemical and engine building area, in the further processing of paper, energy efficiency and packaging.

    The exhibition focuses on the following topics:
    • Raw materials, additives, preparation
    • Clothing, apparatus
    • Machinery and fittings
    • Electronics, measurement and controlling
    • Paper production
    • Processing
    • Logistics

    Joint stand „Research and Science“
    For the first time, the joint stand „Research & Science“ offers universities and research institutes the possibility to present their current and future projects.
    Initiator of the joint stand is the association Zellcheming e.V. who presents its own activities on this platform and gives its members a hub for any requests. The idea is to build a bridge between research, science and the industry.

    Market place „Fibers in Process“
    A new element offers an integrated trend lounge in the existing concept of the market place „Fibers in Process“, organized by dfv Mediengruppe. In keeping with the character of a coffee house instead of a typical lecture platform the speeches have an interactive format with possibilities for questions and interchange.
    The trend lounge presents itself together with the focus areas „Technology & Services“, „Materials & Processing“ and „Research & Development“ in one area. The program is structured into matching blocks of topics. Its content is co-ordinated with the topics of the exhibition and the focus area. In addition to application reports the trend lounge also presents input of experts from neighboring industry areas like packaging and the further processing of paper. Discussions take place about topics like mineral planning, Life Cycle Management while planning machines and plants and new areas of applications for the raw material pulp.
    (Verein der Zellstoff- und Papier-Chemiker und -Ingenieure e.V. - Verein ZELLCHEMING)
     
    13.03.2014   UPM proceeds with Changshu investment to strengthen its leading global position    ( Company news )

    Company news UPM implements the construction of the third production unit on its Changshu mill in China with improved capital efficiency. With the investment, the company is strengthening its leading global position in labelling materials as a cost competitive high quality supplier. The Changshu investment was announced August 7th, 2012.
    The investment scope has been moderately revised by specifying more focused infrastructure investments as compared to the original scope. Instead of constructing a new power plant, UPM will upgrade existing boilers providing opportunity to consider more environmentally effective fuels or solutions for the mill’s energy supply in the future. The mill also aims at utilizing existing facilities more effectively instead of building new infrastructure. With the revised plan the investment cost is EUR 277 million instead of the original EUR 390 million.
    “We have set ourselves clear targets for focused growth initiatives over the next three years in biofuels, speciality papers in Asia, label materials and pulp production. With these initiatives we are targeting an additional EUR 200 million EBITDA when in full operation. The return on the Changshu investment is attractive and is expected to bring a significant contribution to our EBITDA growth target,” says Jussi Pesonen, UPM’s CEO and President.
    “The Changshu investment is targeted to serve growing end uses in Asia markets with wide range of release liner materials and speciality products. This investment is implemented in our existing platform in Changshu, and will give us competitive production cost base through local synergies. The business fundamentals for the investment continue to be positive as both release liner materials and uncoated woodfree office and speciality papers enjoy a healthy demand outlook in Asia,” says Kim Poulsen, Executive Vice President, UPM Paper Asia.
    The annual growth of labelling materials is expected to be globally ca. 4 %. More than half of the global growth takes place in Asia with annual growth over 8%. The most attractive growth markets are China, Southeast Asia and India.
    The new machine is capable of producing up to 360,000 tonnes of speciality papers and labelling materials. The machine will start up at the end of 2015.
    (UPM)
     
    13.03.2014   Tembec sells its pulp mill in Chetwynd, British Columbia    ( Company news )

    Company news Tembec Inc. (“Tembec”) announced that it has closed the sale of its pulp mill and related assets (“Mill”) located in Chetwynd, British Columbia to Paper Excellence Canada Holdings Corporation (“Paper Excellence”) for a nominal amount.
    The Mill had been shut down since September 2012. Approximately 80 employees are included in the transaction. Tembec acquired the pulp mill in 2002 from Louisiana-Pacific Canada Pulp Co. and Louisiana-Pacific Ltd.
    (Tembec Inc.)
     
    13.03.2014   Schur Flexibles Group Acquires Moneta-S, Slovakian manufacturer of flexible packaging    ( Company news )

    Company news Picture: Jakob A. Mosser, CEO of Schur Flexibles

    The Austrian company Schur Flexibles Group has acquired 100% of the share capital of Moneta-S, a well-known Slovakian producer of innovative flexible packaging solutions.
    Schur Flexibles, headquarted in Baden, Austria, was established through a “buy and build” concept by the private equity company Capiton and Mr. Jakob A. Mosser, a flexible packaging industry expert and investor. Schur Flexibles employs currently a staff of about 1150 and operates 9 companies in Germany, Denmark, Finland, Netherlands, Poland and Greece. Including Moneta S, the group sells its products to more than 50 countries worldwide, generating yearly revenues of about EUR 265 million.
    Founded in 2002, Moneta-S has developed a state-of-the-art proprietary technology and wide range of innovative products, that are characterized by unique thinness of rotogravure printed films with excellent machine "runability" and superior aesthetics while being ecologically sustainable. Moneta's innovative technologies have been awarded with the Gold DuPont Most Innovative Packaging Award in 2011. Over 46 global and European food manufacturers chose Moneta-S as their preferred packaging supplier that provides them with highest quality, superior cost effectiveness and excellent customer service.
    “We are very pleased to strengthen our group with the portfolio of one of the most innovative and environmentally friendly flexible companies in Europe. Moneta-S' manufacturing and sophisticated R&D capability, as well as access to the Eastern European market are a perfect fit”, says Jakob A. Mosser, CEO of Schur Flexibles. “This acquisition will give us the opportunity to utilize Moneta’s breakthrough technology throughout our eleven production plants and allow us to offer significant technological advantage to our customer base. Moneta S will play an important role to strengthen our focus on high value added flexible packaging solutions and technology leadership.
    “This is an exciting new chapter for Moneta-S”, said Alena Spinerova, Moneta’s CFO. “The acquisition gives us a great opportunity to expand Moneta-S’ technology, innovation and manufacturing to more customers across the world. Schur’s diverse product range and superior customer relationships combined with Moneta-S’ innovative technology and renowned customer service, creates a powerful partnership in the packaging industry. We are also extremely grateful to our advisors from UBS, KPMG Slovakia and Allen & Overy, whose deep knowledge and professionalism guided us through every step of this journey.”
    The acquisition is effective immediately.
    (Schur Flexibles Holding GesmbH)
     
    13.03.2014   BASF launches new Joncryl® emulsions    ( Company news )

    Company news BASF has launched two new Joncryl ® products for water-based inks and overprint varnishes (OPV) used in the paper and corrugated board industry. Joncryl ® 8053 and Joncryl ® 633-E expand BASF’s portfolio with two water-based styrene acrylic emulsions. Due to their high efficiency, the two products allow inks and OPVs to be manufactured at lower cost but with the same high quality and performance.

    Joncryl 8053 is a low cost-in-use film-forming emulsion. As an effective film former, Joncryl 8053 ensures that less soft emulsion is needed in the final ink or OPV formulation to achieve the required properties. It also enables the printing companies to add extra water in their ink or OPV formula without losing application properties. The product provides high viscosity in the end formulation and can be diluted down to average viscosity without losing application properties. Moreover it features good gloss and transparency in ink and OPV formulations.

    Joncryl 633-E is an opaque acrylic emulsion that can replace up to 75% titanium dioxide in white inks for corrugated board and natural kraft substrates. As the mileage of the ink improves thereby, significant cost savings can be achieved. In colored inks for paper, board and corrugated board, Joncryl 633-E offers good hiding of the brown substrate which results in bright colors. The inks produced with Joncryl 633-E are fast- drying and show very good resolubility. Moreover they provide good water and rub resistance.
    (BASF SE)
     
    13.03.2014   Reminder - 2 WEEKS AT MIAC TISSUE BUSINESS POINT!    ( Company news )

    Company news 26.27 March 2014 | time 9.30 a.m. - 5.30 p.m. | Lucca (Italy)

    FREE INVITATION TICKET
    The entrance at MIAC TISSUE BUSINESS POINT is free of charge. It is possible to download the free Invitation Ticket in PDF format directly from the Exhibition Website www.miactissue.com/invitation-ticket

    We are looking forward to welcoming you in Lucca!
    (Edinova Srl)
     
    12.03.2014   PMT Italia to upgrade PM #5 at Hiang Seng Fibre Container Co., Ltd (Thailand)    ( Company news )

    Company news Hiang Seng Fibre Container Co., Ltd have selected PMT Italia as the supplier of the key sections for their Paper Machine no. 5, which will be installed at the mill located in Samut Sakorn, Thailand.
    The machine, with a 6.2 m wide wire and a design speed of 900 m/min, will produce premium quality Liner and Fluting, mainly using local OCC.
    The project is expected to improve Hiang Seng’s production capacity as well as to consolidate their position on the market as a premium quality paperboard supplier.
    PMT confirms, with this opportunity, its position as a key machinery supplier of the Thai paper industry.
    The project includes a new forming section along with two new headboxes
    ÆGO™STREAM S, one of which equipped with smarpro L dilution system.
    A top forming unit ÆGO™FORM T and new drainage tables will be installed. The press section will be equipped with an ÆGO™FLX SHOE press while the dry end of the machine will see a new ÆGO™SIZER P and paper run optimisation along the Dryer Section with new smarstabi boxes and smarstabi rolls. A new ÆGO™WINDER 6000 will complete the scope.
    Other parts of the machine will also be upgraded in close cooperation between Hiang Seng’s and PMT’s engineers.
    (PMT Italia S.p.A.)
     
    12.03.2014   The first spool with lignin multifilaments    ( Company news )

    Company news Innventia has successfully produced its first spool of lignin multifilaments for further converting to carbon fibres. The filaments are based on 100% softwood kraft lignin and were produced without additives. Innventia is now investing in new equipment for multifilament spinning and thus enhances the establishment of a Swedish test bed for lignin-based carbon fibre.
    One year ago, Innventia's Hannah Schweinebarth awarded the Skills Prize by the Gunnar Sundblad Research Foundation. The prize of SEK 500,000, together with funding from Innventia and Valmet, enabled Hannah to spend six months at the Oak Ridge National Laboratory (ORNL) and the University of Tennessee in USA, in order to develop new knowledge and competence on the production of carbon fibre from kraft lignin, a by-product from the pulp mill. Innventia has, thanks to the collaboration, gained access to equipment in larger scale, deeper connections, prominent research environment and opportunities to try new ideas. All this has brought results. In November, 2013, the first spool with lignin multifilaments from 100 percent softwood was produced with an average diameter of just over 10 micrometre.
    "This is truly a milestone in the development. The fact that we can spin multifilament opens for better research and development, and for possibilities to develop demonstrators prior to industrial implementation," says Per Tomani, Team Leader Lignin & Carbon Fibres at Innventia.
    Innventia is now investing in a new extruder for multifilament spinning of lignin. The new equipment will be installed in the beginning of summer 2014 in connection to the carbon fibre laboratory, which was inaugurated in October 2013. The laboratory has already been equipped with new equipment for monofilament spinning and a stabilisation unit. The new extruder will be accompanied with a specially designed oven for carbonisation, with funding from Vinnova. Thanks to these new investments, the possibilities for industrial implementation will be strengthened.
    Innventia is also coordinating a project that has recently been granted funding to establish a test bed for the development of carbon fibre from lignin and to produce criteria for construction of a pilot facility. Innventia has been working with lignin-based carbon fibre since 2005. The LignoBoost process, which was developed in cooperation with Chalmers, made high-quality lignin available, and Innventia is currently coordinating a number of research and development projects in the lignin field. LignoBoost is now owned by Valmet, a supplier of technology and services to the process industries. The first industrial plant at Domtar's pulp mill in Plymouth, USA, started operations in 2013, and an investment decision has also been made regarding an installation at Stora Enso's pulp mill in Sunila, Finland.
    "Carbon fibre from lignin is an expanding area for us. We are very pleased to now be able to move forward in our long-term investment to establish lignin as a raw material for industrial production of carbon fibres and carbon fibres composites in Sweden," says Peter Axegård, Director of the Biorefining business area.
    (Innventia AB)
     
    12.03.2014   Kingdecor continues to rely on Voith for key components    ( Company news )

    Company news Decor base paper maker Kingdecor from Quzhou, China, has contracted Voith to supply the key components for its new PM 3. After its previous excellent operating experience, Kingdecor has now called on Voith for the fourth time. Voith has already delivered key equipment for the PM 13, PM 1 and PM 2.
    Kingdecor and Voith are in close business relationship since 2004 when Kingdecor was established. The technical manager of Kingdecor, Mr. Luo emphasized that Voith’s reliability and quality will also ensure the success of the current project. Kingdecor expects a long-term partnership with Voith.
    The components from Voith support the paper maker in achieving the highest quality and efficiency. Among other things, the delivery includes the Advanced Wet End Process concept. It will be planned based on the requirements of the paper machine. Standardized components will be used and adapted to the local conditions during the planning phase. For Kingdecor, it will be attuned to the needs of specialty papers with very high filler content.
    Also included in the delivery is the globally successful MasterJet headbox and the reaction force-free shaking unit DuoShake for improved fiber orientation thanks to high frequency shaking of the breast roll. The EcoSoft Delta soft nip calender for the best smoothness properties completes the delivery. It is distinguished by an easy roll change, very high reliability, and compact construction.
    (Voith Paper GmbH & Co KG)
     
    12.03.2014   Valmet signs a letter of intent with Klabin S.A. for a large pulp dryer delivery in Brazil    ( Company news )

    Company news Valmet and Klabin S.A. have signed a letter of intent according to which Valmet will deliver two pulp drying lines to Klabin's new plant in Ortigueira in Paraná, Brazil. The start-up of the new plant is scheduled to be in the first half of 2016.
    The pulp dryer investment is part of Klabin's Puma project, the largest investment in the company's history, which will double the company's production in three years. The annual production capacity of the new plant will be 1.5 million tons and consists of both softwood fluff pulp and eucalyptus hardwood market pulp.
    The value of the Valmet's anticipated delivery will not be disclosed. However, a project of this size and scope is typically valued at EUR 150-200 million.

    Significant employment impact
    "This pulp dryer delivery to Klabin is already the second big pulp technology project agreement for Valmet this year. Valmet is a leading supplier of key pulp mill technology and the two new projects, Klabin in Brazil and the earlier announced OKI Pulp and Paper Mills in Indonesia, are a clear and positive token of our customers' trust on us globally", says Jyrki Holmala, Pulp and Energy Business Line President from Valmet.
    Both of these Valmet's new pulp technology deliveries will have a significant employment impact to Valmet and its subcontractors. The employment impact of Valmet's project delivery to Klabin is expected to be in total around 500 man years mainly in Finland, Sweden and Brazil. Respectively the employment impact of Valmet's project delivery to the OKI pulp mill project, announced 7 February 2014, will be around 1000 man years mainly in Finland, Sweden and China.

    Details about the pulp dryer delivery to Klabin
    The hardwood pulp drying line will have a capacity of 3,500 tons/d consisting of approach system with screening, wet end, dryer, cutter and three baling lines. The softwood fluff pulp drying line will have a capacity of 1,300 tons/d consisting of approach system, screening, wet end, dryer, calender, reeler, winders and roll handling system. There will be a cutter and baling line included as well as the softwood line will have the ability to produce market pulp. The order includes the machinery, civil works, erection, commissioning, training and start-up.
    (Valmet Corporation)
     
    12.03.2014   AVERY DENNISON RECOGNIZES SUPPLIERS FROM ACROSS THE GLOBE IN ...    ( Company news )

    Company news ... INAUGURAL CEREMONY

    Picture: Avery Dennison recognizes suppliers from across the globe in inaugural ceremony (Photo: Avery Dennison, PR224)

    Eight pressure-sensitive industry suppliers were recognized by Avery Dennison Materials Group (NYSE:AVY) during the company's inaugural supplier recognition ceremony held in Cleveland, Ohio, USA. Winners were selected based on their performance in areas such as sustainability, innovation, service, overall value and quality.

    “Our suppliers are a vital part of our value chain and these awards are our way of recognizing their work,” said John Klein, global vice president, procurement. “It’s important we have a strong working relationship so that together we continue delivering cutting-edge innovations and superior value to the pressure-sensitive industry.”

    Sweden-based pulp and paper supplier Munksjö was recognized as Supplier of the Year for their exceptional effort across all categories of performance. “This is an acknowledgement that their organization delivered to a very high standard in product and service quality as well as in innovation,” Klein said. “Their strategic perspective on Avery Dennison’s business and their willingness to explore new avenues to deliver competitive advantage is a model for others to follow.”

    The awards ceremony was preceded by a one-day symposium where nearly 200 professionals from approximately 110 companies came together to discuss the pressure-sensitive industry and learn about Avery Dennison innovation and business strategy from the company’s leadership. Attending companies represented films, paper and chemical materials suppliers for the label, graphics and tapes businesses and those who provide indirect and freight services.

    “The day’s events gave our suppliers a look at our view on close collaboration, how we use our guiding leadership principles in the marketplace and the vital importance of sustainability to our business and to the industry,” said Don Nolan, president, Avery Dennison Materials Group. “We appreciate the time and effort that our strategic suppliers dedicate to understanding the needs of our customers and the industry.”
    (Avery Dennison Label and Packaging Materials Europe)
     
    11.03.2014   FIERY® XF FOR INTEC RIP    ( Company news )

    Company news Picture: The Fiery® XF for Intec ensures you maximise your Intec print investment by producing stunning, precise and predictable quality prints every time. And now the Fiery® XF for Intec RIP ships with our fantastic new custom made RIP station.

    Intec are proud to announce the launch of our new Fiery® XF for Intec RIP station.
    Using Fiery® XF for Intec ensures you maximise your Intec print investment by producing stunning, precise and predictable Quality prints every time.
    Delivering razor sharp print quality and unparalleled Color control the RIP provides advanced spot and process color optimization and offers industry leading Features including imposition, variable data and late color editing.
    Each Fiery® XF for intec package will now ship with a fantastic custom made RIP station.
    Engineered to the highest standards this rugged steel RIP Station has been designed to maximize the efficiency of your print workflow.
    Featuring adjustable Monitor mounts, keyboard and mouse platform and PC housing, the Intec RIP station provides a stable, self contained workstation whilst minimizing untidy cabling.
    For more Information contact us on: +44 (0) 1202 845 960 or email us: sales@intecprinters.com
    (Intec Printing Solutions Limited)
     
    11.03.2014   Global Wood Chip Price Indices Launched by FOEX and WRI     ( Company news )

    On February 18th, 2014, FOEX in cooperation with Wood Resources International (WRI) launched two wood chip price indices, the Softwood Chip Global (SCG) and Hardwood Chip Global (HCG), both part of the PIX index family of FOEX. The Indices represent prices for wood chips traded globally overseas for the manufacturing of wood pulp and wood-based panels. The latest reported Indices were US$168.63/odmt (+5.18% from the prev. month) for SCG and US$183.13/odmt (-2.15% from the prev. month) for HCG. The Indices will be reported monthly the third Tuesday of the month on the FOEX web site. If you have any questions regarding the new chip price indices, please contact either Tuomo Neuvonen at FOEX (tuomo@foex.fi) or Hakan Ekstrom at WRI (hekstrom@wri-ltd.com).
    If you are interested in participating as data provider to the Indices, subscribing to the index histories (data available from January 2010), or are considering using the Indices commercially, please contact tuomo@foex.fi.

    About FOEX
    FOEX Indexes Ltd is a private, independent company, which specializes providing audited, trade-mark registered pulp, paper, recovered paper, biomass and wood chip Price indices. Financial institutions use the FOEX Indices as a benchmark in setting prices for SWAP-deals and other financial instruments hedging against product price risks.
    (WRI Wood Resources International LLC, Wood Resource Quarterly (WRQ))
     
    11.03.2014   New demands and products are changing     ( Company news )

    Company news The market for magazine paper is changing at its very core. Glossy, coated paper grades are losing ground. Magazine publishers and retail giants are instead choosing more cost-efficient options for magazines, direct mail and catalogues.

    Picture: Karolina Svensson, business intelligence manager at Holmen Paper

    The statistics paint a very clear picture. The winners are uncoated, wood-containing printing papers that are gaining appreciation among consumers and advertisers due to their great ‘paper feel’ and a surface structure that offers excellent readability.
    “The trend of traditional magazine grades such as LWC and SC paper losing ground to new, more cost-effective alternatives has never been as obvious as it is now,” says Karolina Svensson, business intelligence manager at Holmen Paper. “In 2013 deliveries of coated magazine paper in Europe fell by 7 per cent and SC paper fell by 4 per cent. At the same time, deliveries of uncoated magazine paper increased by 7 per cent.”
    It’s not difficult for Karolina Svensson to identify the underlying causes of the break in the trend. “The producers of printed material are under pressure due to poor profitability. The new paper grades give more print surface for your money. When based on virgin fibre, the paper acquires a bulk that allows you to select lower grammages with the same feel. Money is then also saved on distribution, amounting to as much as 20 per cent greater cost efficiency.”

    Paving the way
    The product that has paved the way for this development more than others was launched more than ten years ago but continues to be developed today.
    “When it was launched Holmen XLNT was a groundbreaking product – something completely new. An uncoated paper that with its surface properties and high bulk was able to present a challenge to LWC and SC paper. Holmen XLNT shook up the market and actually created a brand-new market segment,” says Dan Buskhe, one of the prominent figures in the history of Holmen XLNT.
    His role continues to be that of strategic product developer at Holmen Paper. He is pleased that the product that laid the foundations for the company’s now successful speciality paper strategy is continuing to develop and challenge competitors.

    Further development
    “Holmen XLNT is now a large family of products, and we’re constantly working on refining them,” says Dan Buskhe. “I’m really excited to see how the market will react to what we have in the pipeline for Holmen XLNT in the future.”
    Over the years Holmen XLNT has had several imitators, which is positive as competition stimulates product development, according to Karolina Svensson.
    “In our major market survey in 2013, it was obvious that despite demands for savings, paper purchasers still rank a paper’s feel and properties as crucial for their printed material. The ability of the paper to signal and contribute to presenting the right image for products and brands is still decisive. And now there are new paper options on the market that can achieve this while ensuring cost efficiency. This explains the break in the trend.”

    Streamlining
    Sture Udd, owner of the UPC Group in Finland, is one player who has recognised the potential in the products now challenging traditional paper choices. “The strongest argument for Holmen XLNT is the scope to make customers’ DM projects more effective as a whole,” says Sture Udd. “The lower paper cost opens up the potential to produce more pages and make more frequent mailings – creating more contact with consumers.”
    “Being at the forefront of the development of these kinds of speciality paper products is part of Holmen Paper’s long-term strategy. Speciality paper, including book paper, is now responsible for more than half of Holmen Paper’s total sales, and we’ll be continuing on this path of constant improvements,” says Dan Buskhe.
    (Holmen Paper AB)
     
    11.03.2014   The 6th International Exhibition for Paper, Board, Tissue, Printing & Packaging Industry    ( Company news )

    Company news 22-24 October, 2014
    Cairo International Convention Centre
    Cairo – Egypt

    With pulp, paper and board demand contracting in many of the mature economies of the West, suppliers are increasingly looking to emerging markets for pockets of growth. One such market is the Middle East, where strong economic growth and rising living standards have driven a surge in paper and board demand during the past 10 years.
    Paper and board consumption in the region is estimated at 13 million t in 2011 compared with just 8.5 million t in 2002. Consumption growth has averaged almost 5% pa during this period, equal to 0.5 million t/year.
    Although consumption growth has been booming, production growth has been relatively anemic, expanding by just one million ton during the same period. As such, the region’s burgeoning demand growth has been satisfied mostly through imports, which totaled 7 million t in 2011.
    Aside from tissue paper, which is mostly supplied domestically, every grade of paper and board has experienced strong import growth, especially uncoated wood-free papers.
    Citing the same promising future aspects, the foreign investors in paper sector are looking to strengthen their business in the MENA as well as domestic investors who seek to uplift their production capacity to meet the local needs. Generally, the paper industry is investing heavily in its future.
    PAPER-ME 2014 is the most integrated edition than ever
    PAPER-ME is successfully developed through years. In its 6th edition, PAPER-ME 2014 reaches 7500 sqm gross area covering three halls of Cairo International Convention Centre (CICC).
    Spreading on halls (1, 2, 3), PAPER-ME 2014 is holding three specialized events in parallel as following:
    Paper Middle East, The 6th International Exhibition for Paper, Board, Tissue, Printing & Packaging Industry.
    Tissue Middle East The Leading International Exhibition for Tissue Paper, Hygienic Products and Converting Industries.
    PACK 2 PACK The Leading International Exhibition for Packing & Packaging Solutions.
    The joint staging of 3 leading trade shows ensures perfect synergy between different industry sectors and provides unparalleled value for all companies involved and for all industry players through the exhaustiveness and exceptional business potentials of the event.
    Experience our success yourself and be part of PAPER-ME 2013 to Increase your profits, Develop business network, Meet paper industry key players, Capture market share and Gain media exposure.
    (Nile Trade Fairs)
     
    11.03.2014   PAP-FOR Forum 2014: Program Highlights    ( Company news )

    Company news International Business Forum PAP-FOR RUSSIA 2014 will be held during the first two days of PAP-FOR 2014 Exhibition, October 28 - 29, 2014.Forum will be held at new venue "Expoforum", St. Petersburg, Shushari.

    KEY FORUM TOPICS
    28 October, 2014
    •Session №1: Round Table "Investment attractiveness of the domestic pulp and paper industry"
    •Session №2: "New Russian forest policy and forest resources condition"
    •Session №3: "Bio-technology"
    29 October, 2014
    •Session №1: "New projects in the packaging sector"
    •Session №2: "New successful projects in tissue sector"
    •Session №3: "Printed paper and printing"
    •Session №4: "HR issues in Pulp and Paper industry"

    PAP-FOR Russia 2014
    Don't miss your chance to book a booth!
    •Market leaders have already decided to take part in the show: Arkhangelsk PPM, 9 Septembar, Ashland, Sulzer, SKIF, SFT Group, NSK, Kemira, Andritz.
    •A special Program for Newcomers is created for those who participate in PAP-FOR Russia for the first time! Contact exhibition managers.

    Exhibit at the largest PPI event in Eastern Europe!
    PAP-FOR Russia 2014 will be held at a new venue: this year services to exhibitors and visitors will be provided by a modern exhibiting center EXPOFORUM, which is placed at the area 56,2 ha and situated in St. Petersburg, Shushary (10 minutes to Pulkovo airport and 30 minutes to the centre of the city).
    (Reed Exhibitions)
     
    11.03.2014   Lecta Extends ISO 9001 Quality Certification to All Mills    ( Company news )

    Company news Lecta fulfills its commitment to having a standardized quality management system in place for the entire Group.
    With the procurement of ISO 9001 certification at Cartiere del Garda in Italy, all Lecta Group mills now have in place a quality management system certified by an independent body, officially recognizing the consistent quality of all products manufactured by Lecta as well as Lecta’s commitment to continuous improvement.
    In keeping with the objective set forth in its latest Environmental Report, Lecta certified all its production to ISO 9001 standards before the end of 2013. ISO 9001 is the most widespread quality management standard in the world, with more than one million certified companies in over 170 countries.
    In addition to ISO 9001 quality certification, all Lecta’s manufacturing sites have secured the strictest environmental certifications – ISO 14001 and EMAS –, PEFC™ and FSC® chain-of-custody certification, thereby guaranteeing the the wood and pulp we use as raw material have been sustainably sourced, and ISO 50001 energy efficiency certification.
    You may download Lecta’s most recent Environmental Report at Lecta’s Sustainability site, www.lectasustainability.com, where you can find further details on Lecta’s environmental performance in addition to information on the new challenges we have set for ourselves for the future.
    (Lecta Group)
     
    10.03.2014   WE HOPE TO SEE YOU AT IPEX .... SOUTH HALL, STAND S2-E180     ( Company news )

    Company news Picture: When paired with the Intec label printing solution the LCF215 creates a fully featured label printing and finishing solution. Lamination, contour cutting, matrix removal and slitting are all supported

    In February 2014 Intec Printing Solutions introduced the new LCF215 digital label finishing solution at the Packaging Innovations Exhibition in Birmingham, UK.
    Following the huge amount of interest generated at Packaging Innovations, Intec will be showcasing and demonstrating our label printing and finishing solutions at IPEX, with a large section of our stand devoted to the labelling industry.
    The LCF215 was developed with performance and affordability in mind to provide the perfect finishing solution for labels produced from the Intec range of digital Color label printers.
    This incredibly compact unit includes easy roll loading for lamination, contour cutting, Matrix removal and slitting. Combining robust engineering with precision registration and the ability to select from one to three Registration points, it ensures complete cutting accuracy.
    Class leading cutting accuracy is achieved through the implementation of the SMARTMark Optical Registration System, where multiple marks are read by the LCF215 to automatically adjust the cut file compensating, not only for the start of a Label but also any skew or scale issues that may have been caused by material instability.
    Features such as lamination, provide bright punchy colors, additional glossiness and scratch resistance with the additional benefits of increased UV stability.
    With frequent changes in labelling regulations and a stronger than ever demand for customized and private labels, holding large stocks is not environmentally friendly or commercially realistic.
    Investment in an Intec Label printing and finishing solution ensures that you can reduce your inventory of pre-cut labels by only producing and finishing what you need.
    Using unique contour cutting technology, the LCF215 can cut any shape on demand, meaning that there is no limit to the creative possibilities now available. The feature packed and user friendly finisher also supports; lamination, digital contour cutting, Matrix stripping, slitting and rewinding.
    The addition of the Intec LCF215 label finishing system to your workflow provides a superb Label finishing solution, capable of producing stunning labels, on a vast range of substrates. A must have for any business with high quality, short to medium run label printing and finishing requirements.
    Come along to stand S2-E180 at IPEX (24th - 29th March 2014, EcCeL, London) to see the full range of Intec label printing and finishing Solutions in Action.
    (Intec Printing Solutions Limited)
     
    10.03.2014   Asia Pulp & Paper calls on NGOs, governments and businesses to collaborate to protect ...    ( Company news )

    Company news ...Indonesia’s forests

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

    Asia Pulp & Paper Group (APP) launched its Forest Conservation Policy (FCP) Anniversary Report with a call for NGOs, Governments and businesses to work together in an effort to help tackle deforestation in Indonesia.
    On February 5th 2013, APP announced a permanent end to natural forest clearance across its entire supply chain through the introduction of its FCP. Covering over 2.6 million hectares of forest concessions, APP’s FCP represented a breakthrough moment for the global protection of natural forest. The commitment is the largest and most ambitious plan for the implementation of landscape level High Conservation Value (HCV) and High Carbon Stock (HCS) principles in the world.
    As HCV and HCS assessments are nearing completion, APP has begun the process of translating its findings into the Integrated Sustainable Forest Management Plans (ISFMPs), which will set out how the concessions will be run and preserved.
    However, in developing these plans, the company has concluded that success in the long term will require commitment from many more of Indonesia’s forestry stakeholders.
    Aida Greenbury, APP’s managing director of sustainability and stakeholder engagement, said: “We are creating management plans to ensure the viability of the 2.6 million hectares that our suppliers are responsible for. However, unless all of Indonesia’s land is properly managed too, then the forest landscape will continue to be at risk from further degradation.
    “In 2014, we will finalise the largest integrated biodiversity and conservation assessments that have ever been conducted. From these assessments, we have discovered many opportunities and obstacles that we know cannot be realised or resolved by a single company.
    “It is time for all parties to get active and start working together. The days of campaigning against businesses that have shown commitment to change the way they operate, as we have, should be brought to a conclusion. Now is the time to focus on the future and to develop solutions to the complex issues associated with forestry in Indonesia and to promote responsible practise.”
    Scott Poynton, executive director of The Forest Trust, a non-profit organisation that is helping APP ensure its policy is translated into actual change on the ground, said: “One year in and we have a moratorium on forest clearance in all its suppliers that has proven to be effective. HCV and HCS forest assessments are being completed, a number of social conflicts are now solved, and there is real transparency in reporting progress against its policy.
    “We understand that complete trust isn’t built in a day and not even in a single year, but the company is listening to concerns and is ready to continue to implement and improve its FCP implementation. APP is 100 per cent committed to zero deforestation."

    As part of its one year anniversary, APP has set out the four key priorities for 2014 that must be addressed by broader industry to bring about zero deforestation. These are:
    -Overlapping licenses – The issue of overlapping licenses needs to be resolved by all concerned parties if we are to develop a system for governing all concession holders in Indonesia.
    -Community and land conflict issues – At times when the needs of communities are at odds with no-deforestation policies, an agreed and consistent way of managing the negotiation process should be developed.
    -Landscape management – Landscape level conservation is vital to the preservation of peatland, the habitat of key species and protection against forest fires, all of which can span several concession areas of differing uses. A cross sector approach must therefore be developed to manage entire landscapes to ensure their long term viability.
    -Market recognition – Policies that protect forests and peatland can only be economically viable if there is market recognition of their value. It is therefore important for the market to encourage companies to introduce and implement them.
    (APP Asia Pulp & Paper Headquarter)
     
    10.03.2014   The Industry Minister opens new NOK 220 million thermo-mechanical pulp plant at ...    ( Company news )

    Company news ...Norske Skog in Halden

    The Industry Minister, Monica Mæland, will officially open the new thermo-mechanical pulp plant at Norske Skog Saugbrugs in Halden tomorrow, 6 March 2014, at 10:00 CET.
    Norske Skog has invested NOK 220 million in an expansion and renewal of the thermo-mechanical pulp plant at Norske Skog Saugbrugs in Halden. The old pulp plant has been replaced by a modern facility, which will supply pulp to the paper machines at a much lower cost than today.
    Cost savings consist mainly of lower energy- and pulp consumption and lower maintenance costs. Increased use of wood pulp in the paper will also result in improved paper quality. Enova has subsidised the project with NOK 50 million, because of the significant energy savings from the project.

    - Investment in the new pulp plant gives increased competitiveness through a significant improvement in energy efficiency. We are doing this as part of efforts to maintain the continued operations at Saugbrugs. We wish in particular to thank Enova who have given significant financial support for this project, says president and CEO in Norske Skog, Sven Ombudstvedt.

    - This is an exemplary project. By adopting this technology, Norske Skog will become a world leader in energy-efficient pulp production. We support improved energy efficiency in industry because such projects are essential to strengthen the reliability of supply in Norway, says the CEO of Enova. We support energy and climate solutions that contribute to reduced energy consumption and reductions in greenhouse gas emissions. With such projects, Norske Skog has become a spearhead in its efforts to create a greener industry in Norway, and we look forward to new projects, says the CEO of Enova, Nils Kristian Nakstad.
    (Norske Skog Saugbrugs)
     
    10.03.2014   Luxurious Gloss: The striking Hahnemühle Photo Silk Baryta    ( Company news )

    Hahnemühle complements the successful HAHNEMÜHLE PHOTO line with a true Baryta quality. The new Photo Silk Baryta is an excellent alternative to Ilford Gold Fibre Silk. The new Hahnemühle inkjet Baryta debuted in the beginning of March at the Photography Show in Birmingham and WPPI in Las Vegas.
    “Photo Silk Baryta will enrich the world famous brand of Hahnemühle with another great paper for photographers and print studios. It has an interesting paper color and a true Baryta layer that guarantees a silky gloss and excellent color gamut for brilliant color and velvety blacks,” says Norbert Klinke, Director Marketing & Sales.
    Swedish fashion photographer Per Zennström is also thrilled by Photo Silk Baryta. His concepts are to be seen in crisp, brilliant colors as well as in velvety, deep blacks and gray tones on the sample prints featured in the HAHNEMÜHLE PHOTO sample book. “The fine structure of the paper, the luster of the printed area and the pleasant matte surface in unprinted areas captivates every observer. This paper provides a real wow factor for the eyes and a real Baryta paper ‘touch and feel’ experience for the fingertips.”
    The white paper with a smooth surface impresses haptically and visually. The Baryta layer below the ink-receiving coating ensures the look of an analog Baryta paper. The color rendering and color density is impressive. With a grammage of 310 gsm, fine art inkjet prints on the new paper are very presentable. ”
    Photo Silk Baryta is perfect for intense, vibrant color prints or black and white motifs with great contrasts from all genres of photography. The paper contains a minimum amount of long-term stable optical brighteners to guarantee an elegant white of the paper. It is an alternative to the Baryta papers without optical brighteners which are available in the Hahnemühle Digital FineArt Collection – if desired” adds Klinke.
    Photo Silk Baryta is available from mid-March in sheet and roll formats in the HAHNEMÜHLE PHOTO range.
    Introductory kits with printed and unprinted samples will be provided to authorized Hahnemühle dealers and Certified Studios.
    (Hahnemühle FineArt GmbH)
    Hahnemühle FINEART

     
    10.03.2014   FORTRESS SPECIALTY CELLULOSE MILL RESTARTS OPERATION    ( Company news )

    Company news Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX:FTP) announced that its Fortress Specialty Cellulose Mill (the "FSC Mill") in Thurso, Québec restarted operations after taking market downtime of 10 weeks. The FSC Mill will be producing initially northern bleached hardwood kraft (NBHK) pulp and expects to ramp-up to normalized production in approximately 15 days. In keeping with the Company's "swing mill" strategy, the FSC Mill will continue to operate by swinging production between both NBHK pulp and dissolving pulp to best respond to changing market conditions, particularly in light of the interim anti-dumping trade duty currently imposed by China's Ministry of Commerce.
    Yvon Pelletier, President of Fortress Specialty Cellulose Inc., commented: "I am pleased with the initiatives completed at the FSC Mill during this recent downtime. As a result of these improvements, the FSC Mill should operate with greater efficiency and improved reliability over the coming year."
    (Fortress Paper Ltd)
     
    10.03.2014   Evaporation plant for pulp industry    ( Company news )

    No. 1 for plant, process and energy optimization

    GIG Karasek GmbH has been awarded another contract in the pulp industry. The task is to extensively remodel and enlarge an existing evaporation plant located at Stockstadt (Germany) for an international company operating in the pulp and paper industry. A project supporting GIG Karasek’s ambitions to become the number one for plant, process and energy optimization in Europe.
    The evaporation plant is to be enlarged by two separation stages, while an existing stage should be replaced. Furthermore, the project includes the re-connection of evaporator bodies and an increase in heating surface area on the existing equipment. This far-reaching intervention into the system and the process aims at achieving the goals of “increased water evaporation while simultaneously reducing specific steam consumption”, and to “generally improve the conditions as to operation, maintenance and conditioner”, required by the customer. Commissioning is scheduled for the 4th quarter of 2014.
    Due to space availability and the challenge of merging existing and new plant components with different technologies, this project requires in-depth knowledge in process technology and extensive know-how and experience in the field of process engineering and plant design. GIG Karasek GmbH provides security in both the planning and implementation phase.
    (GIG Karasek GmbH)
    GIG Karasek Imagefilm

     
    07.03.2014   Honeycomb Paper Enjoys a New Lease on Life    ( Company news )

    Company news SinoCorrugated South 2014 to Host Dedicated Honeycomb Paper Zone

    In the honeycomb paper industry, paper-based materials are used as raw materials to produce honeycomb-shaped composites. As the main alternative to packaging materials like wood and EPS foamed plastic, honeycomb paper is an emerging branch in the packaging industry. Thanks to it special advantages and features, it has become a growing industry focus. In recent years, honeycomb paper materials are not only growing in use in paper container packaging, but also extensively across the building materials, furniture, door, and window material industries. As the application scope continues to expand, honeycomb paper materials are garnering more attention from within the packaging industry. Against this backdrop, SinoCorrugated South 2014’s honeycomb paper zone is a timely new feature. It is China’s first display platform of honeycomb paper products and will explore future development trends in the industry.
    Honeycomb paper is a new type of sandwich-structured, energy saving composite. The raw material used to make corrugated paper is glued into hollow, hexagonal structures to form a whole load-carrying paper core. Surface paper is pasted on both sides of it. Because it is lightweight, inexpensive, high strength and recoverable, honeycomb cardboard is popular, especially in developed countries like the Netherlands, the United States and Japan. This new type of green packaging can save resources and conserve the environment.
    Currently, the Honeycomb Paper Market is Mature, Stable and High-Level
    China’s honeycomb paper technology did not start at a high level. However, the introduction of advanced foreign technologies, combined with nearly 20 years of research and development, has spurred the advancement of industry technology. Today, fifth and sixth generation honeycomb cardboard production equipment has successfully been developed. With certain production capacity, an entire industry has emerged with products such as raw and auxiliary materials, production equipment, honeycomb cardboard, pallets, packaging boxes, building materials decorations, furniture and liner plates.
    China currently has hundreds of honeycomb paper equipment producers. This total is gradually increasing too. At the same time, a batch of chemical fiber production companies in provinces like Jiangsu and Shandong are using honeycomb cardboard to replace EPS foamed plastic as partitions, to good effect. Industry experts predict that, if the annual output of filament in China reached 5 million tons, it would need about 100 million sqm of honeycomb cardboard. This is a sign of the honeycomb cardboard market’s great potential. It is also confirmation that China’s honeycomb paper technology needs continuous innovation.
    In recent years, Chinese honeycomb cardboard production equipment has been exported in large numbers to countries like the Czech Republic, Chile, Indonesia, Turkey, Malaysia and Poland. This marks an end to China’s reliance on imported honeycomb cardboard production equipment. It also shows how locally manufactured equipment has entered a mature, high level, high quality stage. With scientific research institutions at its core, a substantial science and technology research and development team has been established to support this new branch of the packaging industry.
    Honeycomb cardboard has attracted a great deal of attention since it first appeared. However, due to various restrictions, its application in some aspects has been slow. Paradoxically, the material’s unique advantages make it irreplaceable in some areas, especially in terms of enhancing environment conscious behaviors. Problems related to environment protection, such as how to reduce and eliminate pollution from packaging waste and how to recycle packaging waste, have increasingly become focuses. This is promoting research and application of honeycomb cardboard. It is believed that in the near future, with the continuous development of honeycomb cardboard production technology, processing technology and printing technology, honeycomb cardboard will be widely used in packaging and other related fields. As a new type of green environment friendly material, honeycomb cardboard will get more extensive attention, research and application.

    Honeycomb Paper Becomes New Paper Packaging Favorite, Application Fields Extend Rapidly
    The hexagonal comb made by bees is considered a masterpiece. The extremely robust honeycomb is made with the fewest materials of any such structure. Its structure is also stronger than any other shape. People are enlightened by research into honeycomb structures developed by scientists. Even very thin material can bear great pressure if formed into a honeycomb shape.
    Because honeycomb cardboard is light, has strong flat crush strength and good cushioning performance, it is an environment friendly green material used more and more in the building, packaging transport, funeral, agriculture and furniture industries.
    After the 2008 Wenchuan earthquake, during the reconstruction of the devastated areas, lightweight honeycomb wallboard, with paper as its raw material, was used on houses. Using Honeycomb Cardboard as internal filler is a major feature of furniture manufacturing. This method of production has many advantages. It not only saves boards, but it also reduces the weight of furniture, and is easier to shape and transport. This kind of honeycomb paper, which is used as furniture internal filling material, has strong supporting forces and high durability, thanks to technical upgrades. In European furniture and door industries, more than 80% of inside doors are honeycomb composite doors, and most furniture boards with the thickness of more than 20mm are honeycomb composite boards.
    If 20% of China’s total wood consumption in furniture manufacturing were to substituted by honeycomb paper cores for furniture, about 154.3 million tons of carbon emissions could be eliminated each year. If the use of honeycomb board parts for furniture in furniture manufacturing can be promoted, about 10 million cubic meters of wood can be saved each year. Therefore, honeycomb cardboard has great long term market potential, thanks to its excellent performance, environment friendliness and low cost.

    SinoCorrugated South 2014 to Introduce Honeycomb Paper Zone
    To demystify honeycomb paper, a new type of environment friendly material, SinoCorrugated South 2014 will feature a honeycomb paper zone for the first time. This area will showcase new application fields of honeycomb paper products, including honeycomb lightweight walls, honeycomb logistics packaging materials, honeycomb light furniture, etc. The exhibition will also show a variety of honeycomb paper manufacturing equipment, including fully automated honeycomb cardboard core production lines, honeycomb paper post processing equipment, paper angle bead production lines, honeycomb raw paper and all kinds of consumables and accessories. The show promises will be the leading display platform for honeycomb paper.
    In addition to exhibiting the latest honeycomb paper production equipment and materials, the zone will also exhibit new types of honeycomb paper furniture, toys and other new products made of honeycomb paper. Visitors will also see high-end furniture (tables, chairs, sofas, storage racks, etc.) As well as having the practical utility of standard furniture, creative furniture also has extraordinary visual appeal and represents spectacular craftsmanship. The smooth curve on the edge of the paper frame, the innovative design, color, contour … This original honeycomb paper world promises to be a feast for the visual senses.

    Honeycomb Paper Industry Development Set for SinoCorrugated South, Industry Leaders to Gather to Explore Key Topic
    SinoCorrugated South 2014 will feature a Honeycomb Paper Industry Development Summit. The Summit will serve as an information channel, an exchange platform and a network of connections and development opportunities for honeycomb paper industry professionals interested in technology, production and sales. Participants will include equipment and material producers, industry experts, scholars, designers, policy makers, manufacturers of honeycomb paper products and users . The meeting will establish an elite honeycomb alliance (of production equipment manufacturers, material producers, product designers and users) to improve technology and manufacturing and processing solutions. It will also allow for the formulation of standards for the paper honeycomb product industry and promote the marketing of paper honeycomb derivatives.

    The Honeycomb Paper Industry Development Summit will span over 1,000 sqm. Additionally, there will be over 350 honeycomb paper products factories, as well as 200+ end users and buyers onsite. In order to enrich the exhibition contents, Reed Exhibitions will also host a series of value-adding activities. Among them will be over 10 presentations on key industry topics, three business matching activities and two site visits to highly automated honeycomb paper processing factories. More than 500 local and international senior managers and principles from Procurement and Technology departments of paper honeycomb buying companies with high purchasing power will attend the meeting. The buyers will mainly be from industries such as building and construction materials, home appliance packaging, logistics, furniture, advertising, building materials, automobiles and shipbuilding.
    The popularization and application of honeycomb paper products play a vital role in developing paper and a low-carbon environment. These have significant social and economic benefits and comply with environmental and circular economy policies on a national scale. They also define the industry’s development direction. Therefore, honeycomb paper production enterprises will seize the opportunity to discover the latest key equipment and learn about the process and popularization of certain applications.
    Companies will continue to enhance their competitiveness through independent innovation, constant development of new products, improvement of product quality and enhanced service. Through SinoCorrugated South’s publicity platform, they will drive development in the honeycomb paper industry and upgrade the quality of industrial product packaging in China. They will also improve environment friendly processes and develop the circular economy.
    SinoCorrugated South 2014 is Asia-Pacific's leading trade show for the global corrugated manufacturing industry. The event features the latest, most innovative corrugated equipment and consumables on the market. As a sourcing platform for manufacturers of corrugated boxes, honeycomb paperboard, paper stock models and paper pipes, the show attracts manufacturers, buyers and end-users alike. It is a must-attend event that sharpens participants' competitive edge by providing networking opportunities, technological updates and news of the latest industry developments.
    (Reed Exhibitions (Shanghai) Co. Ltd)
     
    07.03.2014   Say it with a carton: How will chocolate present itself in future?     ( Company news )

    Company news Whereas the European market for industrially manufactured chocolate largely appears saturated, the industry forecasts growing sales numbers from exports as well through new challenges in the high quality segment. In Europe it is only the premium end of the market that offers realistic growth opportunities – by and large with appropriate carton packaging.

    Picture: Chocolate from "myswisschocolate"

    Over the last three years the chocolate industry has seen a division in the market. Major manufacturers are experiencing virtually no growth. The market is extremely price-sensitive, price increases are difficult to achieve without losing market shares.
    The prices of important ingredients are also increasing. In the EU, the price of sugar increased from EUR 600 to EUR 720 per tonne over the period 2008 to 2013. The world market price of cocoa varied between USD 2000 and 3800 per tonne. And the situation is no different for hazelnuts, the second most expensive ingredient after cocoa. Prices have doubled over the past three years.
    Martin Dowideit of the "Handelsblatt" believes: "Chocolate is a product subject to impulse purchasing. It is not part of the shopping list, the packaging is the temptation." Worldwide consumption is led by Switzerland, the UK and Germany - the Swiss are the world champions with an annual consumption of 11.9 kilogrammes per year and head.
    Not surprisingly, the Swiss discovered the true value of this brown delicacy early on. With Finest Pralinés, Lindor and Excellence products, Lindt & Sprüngli is the worldwide leader for premium chocolate and represented in over 100 countries. In 2004, Lindt already initiated the trend for chocolate bars, from cheap mass products to a "little bit of luxury". This has attracted many imitators since.
    "Our Excellence series with a cocoa content of 70 per cent and more has generated fantastic sales", states Lindt manager, Adalbert Lechner. "Lindt chocolate is that little bit of luxury in everyday routine which is appreciated as a reward by people, even in economically difficult times." This medium segment with brands such as Lindt, Suchard, Hussel or Hachez is virtually packaged exclusively in cartons. "There are four main reasons for the use of cartonboard for premium chocolate packaging", says Marie-Eugénie Barrelet of Villars Maître Chocolatier: "costs of packaging, sustainability, printing quality and speed of development."

    Quality surges ahead
    According to the Swiss food consultant James Amoroso, high-priced chocolate is achieving considerably greater growth than mass products: "This trend will probably continue as people are becoming aware that chocolate should be consumed at special occasions and not in large quantities."
    The manufacturers and makers of specialties have made the most of these new opportunities on the market for chocolate. For example, newcomer "myswisschocolate", founded in 2010, already boasts 100,000 customers in 32 countries for customised production or online orders. At myswisschocolate.ch one can order a variety of recipes and design one's own packaging - with carton of course. Founder Sven Beichler states: "Consumers want unique products which meet their individual requirements, rather than mass products. And people are willing to spend money on a first-class individual product."

    Dolfin and Pierre Marcolini in Belgium, Coppeneur or Wagner in Germany, Damian Allsop or Willies Cacao in England, Michel Cluizel, Jean-Paul Hévin, La Maison du Chocolate, Patrick Roger or Valrhona in France, Domori or Stainer in Italy, Xocolat or Zotter in Austria, and Lindt & Sprüngli or Villars in Switzerland: the premium segment is growing, more and more manufacturers are focusing on top quality. The portfolio ranges from intriguing recipes and compositions, such as mountain cheese or chili, hemp with mocca, raspberry spirits, coffee-plum with caramelised bacon, or combinations with eastern spices. But they all have one thing in common: carton is the packaging of choice.
    (Pro Carton - The European Carton Promotion Association)
     
    07.03.2014   Alzamora Packaging acquires a Heidelberg Speedmaster XL 145    ( Company news )

    Company news The desire to always be at the forefront and generate added value, has led Alzamora Packaging to include in its strategic investment plan, the first Heidelberg Speedmaster XL 145 to be installed in Spain.
    With almost 40 m in length, and 10 bodies, the Speedmaster XL 145 achieves maximum efficiency and reliability. Ergonomics and perfect management, setup times minimum point, high machine availability and excellent print quality.
    A printer that will simplify and accelerate processes and outstanding results are achieved, to provide more sophisticated excellent productivity and more efficient solutions.
    Thus, it is intended to further expand the range of possibilities and technical resources available to our customers.
    (Alzamora Packaging S.A.)
     
    07.03.2014   Logson Group announces £15m UK investment and creation of 40 new jobs    ( Company news )

    Company news The UK's largest independent supplier of corrugated packaging, Logson Group, has announced major investment plans to meet the continued growth in demand from its key customers.
    The first will see inspirepac transform its Chesterfield operation with a £6million investment in state of the art high quality post print (HQPP) and further digital capability, complementing its leading position in the high growth market sectors of retail ready and promotional packaging. The investment will have a planned start up early in Q1 of 2015.
    The second, will see Board 24 further enhance its sheet feeder site at Preston, already the UK's most efficient, through a £9m investment in an additional corrugator. This will ensure it continues to meet demand from the continued growth of key customers, and in particular to facilitate the growing trend towards increased graphic impact in retail ready and promotional packaging.
    The investment is expected to create up to 40 jobs at Preston with recruitment and training of new employees to begin in Q4 of this year, and start up expected in Q1 2015.
    Alex Kelly, Logson Group CEO, commented; "This heralds an exciting new chapter in Logson Group's development. This £15million investment represents not only a vote of confidence in our management teams, but also in our strategic customers. We have shared in their success over the past few years and this investment reflects our continued commitment to support their future growth plans, and reinforces our leading position in key growth markets."
    The Logson Group has expanded through both acquisition and significant organic growth to become the largest independent packaging group in the UK. Collectively the Group employs over 850 people across its 18 dedicated sites in the UK.
    (Logson Group)
     
    07.03.2014   Bolloré Thin Papers invests in renewable energy with its new biomass boiler at ...    ( Company news )

    Company news ... Papeteries du Léman

    A voluntary policy for reducing carbon emissions
    In order to support sustainable development and to control the use of energy, the board of Papeteries du Léman has analysed several alternative solutions to fossil fuels with the view of reaching a positive economic and carbon report.
    Wood appeared to be the optimal solution: as a renewable energy, it makes it possible to maintain dynamic growth, whilst taking charge of the use of energy.
    A new boiler room with 8.2 MW of power was therefore installed and since it came into service on January 7th 2013, it has provided 50% of the steam requirements for the site, with the balance being provided both by the household waste incineration plant in Thonon-Les-Bains, in conjunction with an additional gas boiler.
    The wood boiler, which is fuelled exclusively with locally sourced biomass, also plays its part in reducing our greenhouse gas emissions by more than 11,500 tons of CO2 per year.

    A large-scale project for Papeteries du Léman
    Construction took place in two distinct steps. The first consisted of deconstructing the former coal boiler which had not been in service since 2000.
    Nevertheless, we were able to keep the building, and this now houses the wood reserve and the new boiler itself. After spending almost a year taking it down we were then able to begin construction of the boiler, and we began by assembling the modules that needed to be mounted. Construction was finally completed at the end of October 2012.

    The Key steps towards making the boiler operable
    It took several steps in order to make the boiler operable: the first two weeks of November 2012 were spent connecting it to the steam piping and also obtaining the certification necessary to run the boiler. By mid-November, we started it up for the first time so that the interior building work could dry. The temperature was increased by 100 degrees every 24 hours over ten days in order to reach 900 degrees Celsius.
    Operations officially started on December 1st, 2012: the initial goal was to have it running at 50% capacity for several days and then make adjustments and changes accordingly in order to begin regular production in the system by early January. A whole set of tests were performed, including emergency shutdowns, in order to test all of the mechanics for automatic operation and safety.
    Since January 7th, the boiler has been running at full throttle. Tests, measures, and performance evaluations with the operator have made it possible to verify the installation and the match between the services it provides and the modes and methods that appear in the contract.
    Today, the new biomass boiler in PDL has reached a steady state of operation and will make it possible, beginning with this year, to reduce CO2 emissions by 11,500 tons per year.
    (PDL Papeteries du Léman)
     
    07.03.2014   Lecta Launches GardaMatt Ultra    ( Company news )

    Company news Cartiere del Garda expands its “Excellent Collection” range of high-quality papers with the new GardaMatt Ultra

    Lecta continues to invest in the development of innovative products to anticipate and respond to market needs, offering papers that combine maximum quality with respect for the environment.
    GardaMatt Ultra is a woodfree coated paper with a rough matt surface. Produced in a neutral environment, it is a high-bulk (1.0), acid-free, age-resistant paper, available in grammages of 115, 130, 150 and 170 g/m² with FSC® or PEFC™ certifications available on request. Particularly suited to the publishing market’s needs, it guarantees superb runnability, high printability, excellent stiffness and good gloss difference between the printed and the unprinted areas.
    Lecta reaffirms yet again its desire to offer a range of constantly improving, environment-friendly quality products to satisfy all of our customers needs.
    (Cartiere del Garda S.p.A.)
     
    07.03.2014   The Global Forest Industry in the 4Q/2013    ( Company news )

    Company news Excerpts from the Wood Resource Quarterly (www.woodprices.com)

    Global Timber Markets

    • Sawlog prices trended upward throughout the world in the 4Q and the Global Sawlog Price Index (GSPI) rose to $88.78/m3. This was the highest level in over two years and the third highest price on record since the inception of the Index in 1995.
    • Many of the price increases around the world during 2013 were the result of substantially higher trade of logs and improved lumber prices in a number a key markets, particularly in North America.
    • In 2013, global trade of logs was up by as much as 17% from 2012 totaling 84 million m3. This was the highest shipments of logs since 2007.

    Global Pulpwood Prices

    • The two global wood fiber indices, SFPI and HFPI, have trended in opposite directions during most of 2013. Stronger markets and higher prices for softwood fiber-based pulp and paper products have resulted in higher demand, and rising prices, for both softwood chips and roundwood.
    • The Softwood Wood Fiber Price Index (SFPI) has gone for two straight quarters to reach US$99.51/odmt in the 4Q. The largest increases were in Sweden, France, Germany and New Zealand. Hardwood fiber price changes have been mixed with higher price in the 4Q/13 in Europe, while declining prices in Chile, Indonesia, Japan and Eastern Canada. Some of the declines have been the result of a strengthening US dollar.
    • The Hardwood Wood Fiber Price Index (HFPI) fell for the fifth consecutive quarter to $97.59/odmt in the 4Q/13, the first time this index was lower than SFPI since 2Q/08.

    Global Pulp Markets

    • The operating rates for the world’s pulpmills creeped up to 93% in November. Global market pulp production for 2013 was about 3.6% higher than in the previous year.
    • NBSK prices have steadily trended upward for almost 18 months, while HBKP prices have stayed flat. The price discrepancy between the two major pulp grades has been unusually high the past six months.

    Global Lumber Markets

    • Lumber production slowed down towards the end of 2013 in both the US and Canada because of weather, less activities in the housing market and reduced exportation.
    • US lumber prices trended upward during most of the summer and fall and in January this year they were back to about the same level as in January 2013.
    • The optimism is returning to the sawmilling sector in the Nordic countries with production in the second half of 2013 being much higher than the first six month.
    • Lumber production in Germany has trended downward the past few years and imports have gone up, particularly from the Nordic countries.
    • China’s importation of lumber was 19% higher in 2013 than in 2012, reaching a new record high. Canada and New Zealand together accounted for almost 80% of the total import volume.
    • Wooden housing starts in Japan were up 12% in 2013.
    • Softwood lumber import to Japan reached the highest level in seven years last year.

    Global Biomass Markets

    • After two quarters of double-digit growth, wood pellet export volumes to Europe increased just two percent in the 3Q/13.
    • Higher pellet demand and increased costs for wood raw-material pushed residential pellet prices upward in the German domestic market in 2013.
    • Pellet prices in the three major markets in Europe, Sweden, Germany and Austria have converged over the past four years.
    (WRI Wood Resources International LLC, Wood Resource Quarterly (WRQ))
     
    06.03.2014   NewPage Announces Year-End 2013 Financial Results    ( Company news )

    Company news Picture: George F. Martin, President and Chief Executive Officer

    NewPage Holdings Inc. ("NewPage") announced its results of operations for the full year 2013.
    Net sales for the full year 2013 were $3,054 million compared to $3,131 million for 2012, a decrease of $77 million, or 2 percent. On a year over year basis, net sales were primarily affected by lower sales volume of paper and lower average paper prices, partially offset by improved mix. For the full year, net loss was $(2) million in 2013 compared to net income of $1,258 million in 2012. The decrease was primarily the result of Reorganization items, net, partially offset by improved gross margin.
    Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization as further adjusted as shown in the attached reconciliation) was $269 million in 2013 compared to $238 million in 2012.
    NewPage closed the year with total liquidity of $400 million, consisting of $317 million of availability under the revolving credit facility and $83 million of available cash and cash equivalents.
    Cash from operating activities was $116 million during 2013 compared to $3 million during 2012, primarily the result of lower cash requirements for interest and other bankruptcy related activities as a result of emerging from Chapter 11 Proceedings, as well improved gross margins driven by cost reductions.
    Capital expenditures for 2013 were $75 million compared to $157 million in 2012. Capital expenditures in 2012 included $54 million associated with the purchase of paper machine No. 35, previously under a capital lease pursuant to the Chapter 11 plan.
    "We were able to offset the impact of lower prices with improvements in productivity and cost saving measures to increase adjusted EBITDA by 13% compared to 2012. Our year over year improvement in Adjusted EBITDA comes at a time when there was a 4.3% decline in North American demand for coated paper according to PPPC," said George F. Martin, president and chief executive officer for NewPage.
    On February 11, 2014, the company entered into a $750 million senior secured term loan facility to refinance the existing $500 million senior secured exit term loan debt facility and to fund a special distribution to NewPage stockholders and holders of NewPage stock awards, to pay certain transaction costs and for general corporate purposes. The company also announced a new a $350 million ABL facility to replace the existing $350 million revolving credit facility on the same day. The refinancing transactions and the distribution payments are components of the merger announced by the company on January 6, 2014.
    (NewPage Corporation)
     
    06.03.2014   Taking the Fight to the Counterfeiters - Medica Packaging has updated its Brand ...     ( Company news )

    Company news ...Protection Programme

    Medica Packaging, the healthcare packaging specialist company within Benson Group, one of the UK’s leading printed folding carton manufacturers, has detailed the latest updates to its Brand Protection Programme for printed packaging.
    Commenting on the company’s anti-counterfeiting collection, Mark Bradley, Sales Director at Medica Packaging, said: “Brand protection, beginning with a combination of colour management and brand identity, must also incorporate sophisticated anti-counterfeiting measures as a critical component when purchasing. With a global black market in counterfeit goods estimated to be worth some $545 billion annually, there is a huge value in spending money on as many of these techniques as can be reasonably afforded to protect the consumer and the reputation of the brand.
    “Widely known markets that are targeted include pharmaceuticals, tobacco, spirits, and high-value food products, but evidence shows personal care and healthcare are now also very much on the counterfeit radar, with virtually every country in the world being involved in one way or another. At Medica we work closely with our suppliers on the very latest anti-counterfeiting technologies, which are being extended and enhanced all of the time. Our knowledgeable team are committed to protecting our customers’ brands.”

    Multi-Layered Method
    One highly popular approach employed by Medica is the multi-layered method where a number of both covert and overt anti-counterfeit measures are used together for added security. For example, a holographic strip might be used alongside colour shifting inks, track-and-trace numbering, and micro-text. For counterfeiters to spot, understand and replicate all of these becomes an onerous and expensive task – hopefully sufficiently complex to make them avoid a particular product and move on to another, easier target. This wealth of devices can certainly help law enforcement agencies spot real from fake product.
    The trade off for the brand owner is, of course, cost versus security. Medica tabulates a wide range of security solutions on a sliding scale of cost. It begins with highly cost-effective techniques such as printing with coin-reactive or UV fluorescent inks offering two-wavelength detection, up to the “top of the range” techniques such as unique tagging or hidden graphics that require special lenses to locate a specific element within the print.
    “There are more than a dozen individual techniques that we regularly offer customers,” explains Mark Bradley. “A wide range of combinations of these can be employed on the packaging to create very sophisticated security. It all depends on the level of security that the brand owner requires and the project budget.”
    Some techniques require additional print runs to add further ink layers, whilst others add an additional process into pack production, such as foiling, tamper evident labels, cold transfer films, or integrated security labels. Some techniques on offer are branded solutions requiring additional payments to access the license to use the technology. The Medica team can help to guide customers as to which technique is going to be most suited to a specific project.

    Colour Management Critical
    Medica is able to offer the best in colour management, which in itself provides a base level of security and an important ingredient to the overall printed pack. Benson Group were the world’s first carton printing company to gain the ISO 12647-2 colour printing accreditation, and the business has worked for some five years with the colour specialists at Mellow Colour. Devices for measuring colour are used across Benson Group’s print departments, and high quality GMG proofing systems complete the picture of accurate colour delivery.
    With a background in the pharmaceutical industry, Medica has a long history of understanding the benefits of the various forms and combinations of security involved in the market sector. Pressure sensitive tamper evident labels, holographic aluminium labels, HSF foils, and various integrated labels are sector standards. The critical ingredient in the pharmaceutical world, of course, is not endangering the health of consumers. Illegally manufactured and packaged drugs will have the potential to cause harm to the user and well as causing financial damage to the owner of the original formulation.
    (Medica Packaging Ltd)
     
    06.03.2014   RockTenn to Acquire Simpson Tacoma Paper Mill    ( Company news )

    Company news RockTenn and Simpson Lumber Company LLC announced an agreement whereby RockTenn will acquire the Simpson Tacoma Kraft Paper Mill located in Tacoma, Wash., for approximately $343 million. The purchase price reflects an EBITDA multiple of less than six times based on the mill's financial results for the 12 months ending December 2013 and the expected operating efficiencies, primarily due to the location of the mill on the West Coast. The transaction is structured as an asset purchase.
    In 2013, the mill produced 465,000 tons on two paper machines and two pulp dryers that made various paper grades including containerboard, specialty kraft paper and pulp. The Tacoma Kraft Mill operates a 55-megawatt green biomass fuel cogeneration facility that was completed in 2009 and sells electricity under a long-term contract.
    RockTenn has committed to invest $60 million in the mill during the next three years and has also entered into a 7-year wood chip supply contract with Simpson Lumber Company.
    "The Tacoma Kraft Mill is a great strategic fit for RockTenn," said Steve Voorhees, RockTenn's Chief Executive Officer. "Adding a West Coast mill will improve our ability to satisfy West Coast customers and generate significant operating efficiencies across our system."
    "We look forward to working with the entire Simpson team to build on the fine relationships they have developed over the years with the Tacoma Kraft Mill's customers, as well as enhancing the satisfaction of RockTenn's customers in the western United States," said Jim Porter, President of RockTenn's Corrugated Packaging segment.
    "This is exciting news for Tacoma Kraft employees and the community. The Tacoma Kraft Mill will be better positioned as part of RockTenn - a successful fiber-based company that is committed to the long-term success of the mill," said Allan Trinkwald, President, Simpson Lumber Company LLC.
    The transaction is subject to customary closing conditions and regulatory approvals.
    (Rock-Tenn Co)
     
    06.03.2014   Holmen and Swedish Environmental Protection Agency in major land deal     ( Company news )

    Company news Picture: Sören Petersson, CEO Holmen Skog

    Holmen has agreed in principle to sell just over 10 000 hectares of forest with a wealth of natural assets to the Swedish Environmental Protection Agency in order to create a nature reserve. In exchange, Holmen is being given the opportunity to purchase around 18 000 hectares of forest land of an equivalent value. The deal, which will formally be made in several stages during 2014, has no impact on earnings.

    The forest is a habitat for thousands of species of flora and fauna. As part of measures to achieve the environmental objective of “Levande skogar” (Living Forests), the Riksdag (Swedish Parliament) resolved in June 2010 that 100 000 hectares of state-owned forest would be used to compensate Sweden’s major landowners for an increase in the proportion of state-protected forest in Sweden.

    “It feels very positive that Holmen is making an active contribution to achieving the “Levande skogar” objective. Increasing the proportion of formally protected forest in Sweden through the state offering land in exchange is an excellent model. A larger share of forest with significant natural assets will acquire nature reserve status while Holmen is able to purchase land where it can actively work with sustainable forestry,” says Sören Petersson, CEO at Holmen Skog.

    More than 90 areas to become nature reserves
    The land selected is particularly valuable in terms of natural assets and will be turned into nature reserves. Holmen has worked closely with both the Swedish Environmental Protection Agency and the County Administrative Boards concerned on identifying and delimiting areas worthy of protection. The planned nature reserves are made up of more than 90 areas spread throughout Holmen’s forest holdings. One such area is Ågelsjön in Norrköping, an eldorado for climbers, an idyllic spot for families, a historical site and an area with extremely valuable natural assets.

    “We see the fact that the Swedish Environmental Protection Agency now wants to turn a large number of our conservation areas into nature reserves as proof of the quality of our conservation work,” continues Sören Petersson.

    Safeguarding natural assets a priority
    All in all, the number of protected areas in Sweden will now expand greatly. In order to maximise the benefit of future conservation work, the focus should now be shifted from protecting forest to more active measures. It is now time to put more efforts on measures to safeguard and develop our significant natural assets in the Swedish forest.

    “Through active forest management, in which natural assets are preserved and fortified while growing raw material for sustainable products, we can help achieve a sustainable society,” says Sören Petersson, summing up.

    Contact information: Sören Petersson, CEO Holmen Skog, tel. +46 070 322 23 34
    (Holmen AB)
     
    06.03.2014   Stora Enso strengthens co-operation with IFC in Guangxi, China    ( Company news )

    Company news IFC to invest RMB 356 million (EUR 43 million) of equity to Stora Enso's Consumer Board Mill

    Picture: Mats Nordlander, Executive Vice President of Stora Enso Renewable Packaging

    Stora Enso is strengthening its partnership with International Finance Corporation (IFC) as part of developing its state-of-the-art plantation, board and pulp mill project in Guangxi, China. IFC has agreed to invest in an equity stake of RMB 356 million (EUR 43 million) in the project, representing a 5% shareholding in the project. Stora Enso will continue to own 83% of the project, with the remainder owned by Guangxi Forestry Group Co. Ltd and Beihai Forestry Investment & Development Company Ltd.

    In addition, Stora Enso is in the final stage of concluding the long-term external financing for the first phase development of the project. The USD 460 million funding package will be provided under an IFC syndicate loan structure. It consists of a USD 88 million loan with twelve years tenor from IFC and a USD 372 million loan with eight years tenor provided by commercial banks through IFC. The funding package is expected to be obtained at an average interest rate of LIBOR +2.40%.

    IFC has been supporting Stora Enso in Guangxi with a similar loan structure since 2005, and the long-term funding package is expected to replace the existing financing.

    “We welcome the continued support from IFC. This shows the quality of the work we are doing in Guangxi,” says Mats Nordlander, Executive Vice President, Stora Enso Renewable Packaging.

    Stora Enso’s investment project is divided into two phases. The first phase is to build a board machine to be ready in the beginning of 2016. The pulp mill will be constructed in the second phase and started up when the board machine is operational. The operations will supply customers with renewable material for products addressing the growing consumer market in China. This includes food, beverage and confectionary packaging.

    A strong sustainability agenda is an integral component of the IFC engagement. The agenda includes for example livelihood development, world class environmental standards, and health and safety issues in the industrial and forestry operations.

    Stora Enso employs some 1 100 people in Guangxi, and when the integrated mill is in operation the number of employees will be about 2 000.

    The investment is pending conclusion of condition precedents as customary for this type of transaction.

    For further information, please contact:
    Mats Nordlander, Executive Vice President, Stora Enso Renewable Packaging, tel: +46 1046 72703
    Ulla Paajanen-Sainio, SVP, Head of Investor Relations, Stora Enso Oyj, tel. +358 40 763 8767
    Tommy Borglund, SVP Communications, Stora Enso Renewable Packaging, tel: +46 1046 71709

    www.storaenso.com
    renewablepackaging.storaenso.com
    (Stora Enso Oyj)
     
    06.03.2014   Tieto Oyj : Tieto supports Glatfelter's growth with its Tieto Integrated Paper Solution    ( Company news )

    Company news Tieto supports Glatfelter's growth with its Tieto Integrated Paper Solution

    Glatfelter Composite Fibers Business Unit (CFBU) chose Tieto as an IT-partner. The two-year contract covers implementing Tieto's Integrated Paper Solution (TIPS), which combines best practice SAP and paper industry specific planning.

    Aiming to optimize processes and tools to support its growth ambitions, Glatfelter CFBU has initiated a program to establish best practice processes supported by an improved use of the existing SAP solution. Through the collaboration with Tieto, Glatfelter CFBU will have better standardization based on best practice expertise of Tieto, integrated tools and system support for its processes.

    The Tieto Integrated Paper Solution offers Glatfelter CFBU a solution that combines the capabilities of SAP with the highly paper industry specific planning features of TIPS. TIPS is the leading application for planning, trim optimization and manufacturing execution in the paper industry and has over 150 installations worldwide.

    Additionally, Tieto delivers to Glatfelter CFBU expertise and consulting for Change Management and Data Management. Tieto conveys to Glatfelter CFBU its Test Management methodology to enable Glatfelter CFBU for an efficient testing process in the future.

    "This was clearly the best fit option for our requirements. Tieto's solution will help us to minimize process interruptions, and it gives us better support for our processes. The additional services by Tieto will help us to deliver a successful project," says Yasar Mert, Program Director from Glatfelter CFBU.

    "We are very pleased to start working with Glatfelter CFBU. We are happy to support their ambitions to grow with our best practice know-how for the paper industry. This will build the basis for the future movement to intelligent services as already stated in Tieto's vision for Forest industry," Alfred Franke, Tieto's Senior Customer Manager, comments.

    Tieto's industry vision (Tieto Forest story) combines more intelligent ways to connect, collaborate and serve customers with a holistic production ecosystem, demand-driven supply chain and enhanced customer service, enabling faster business value realisation. Tieto is a trusted partner accelerating transformation towards ever more intelligent forest industry.
    (Tieto Germany GmbH)
     

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