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    30.10.2015   SCA intends to close down a paper machine at Ortviken paper mill and recognize an ...    ( Company news )

    Company news ...impairment loss for the mill

    SCA intends to close down a newsprint machine at Ortviken paper mill in Sundsvall, Sweden, and recognize an impairment loss for the mill. Efficiency improvement measures will be implemented at the Obbola and Munksund kraftliner mills. The closure, impairment loss and efficiency improvement measures entail total costs of approximately SEK 1.4 billion and will result in annual cost savings of about SEK 180m, of which approximately SEK 120m in lower depreciation, with full impact in 2017.

    The paper machine that is planned for closure at the end of 2015 has a capacity of 135,000 tons and is the smallest and oldest of the four paper machines at Ortviken paper mill.

    “The global demand for publication paper has declined in recent years, particularly for newsprint, and we have weak profitability at Ortviken paper mill. By closing down our smallest and oldest paper machine, we will be able to focus on profitable orders for the more efficient paper machines. Ortviken remains one of the world’s largest publication paper mills and we have the prerequisites to become one of the most competitive. We have developed several new publication paper products, which in a short time have captured considerable market shares in a declining market. We are now focusing on producing and developing profitable publication paper products”, says Ulf Larsson, President, SCA Forest Products.

    In conjunction with the closure of the paper machine, SCA intends to reduce staffing in production, transport and sales by approximately 95 positions. The efficiency improvement measures at the Obbola and Munksund kraftliner mills are intended to lead to staff reductions at the two mills by approximately 30 positions. Codetermination negotiations over the changes have been initiated.

    The impairment loss amounts to approximately SEK 1.3 billion and will be recognized as an item affecting comparability in the third quarter of 2015. The restructuring costs amount to approximately SEK 90m and will be reported as an item affecting comparability in the fourth quarter of 2015.
    (SCA Svenska Cellulosa Aktiebolaget)
    30.10.2015   Extensive investments at the Heinzel Group’s industrial locations    ( Company news )

    Company news The Heinzel Group has drawn up ambitious acquisition and expansion plans for its plants in both Austria and Estonia. Investments totalling EUR 150 million are foreseen for the group’s three existing, industrial locations.

    The Heinzel Group will also take over the Mondi Raubling GmbH paper mill including Chiemgau Recycling GmbH for a purchase price of EUR 25 million, subject to approval by the anti-trust authorities.

    At the same time, the group’s trading companies are to further strengthen their global market position through acquisitions. Accordingly, as announced today by CEO Alfred H. Heinzel, the expectations for the 2015 financial year are most optimistic.

    Of the current Heinzel Group plants, irrespective of the recent fire involving the PM10 paper machine, production capacity at the location in Laakirchen is to be gradually raised from its present level of 560,000 t/y to 800,000 t/y. The goal of the planned investment is to focus the production on growth articles such as SC offset and digital and to complement the successful “starkraft” packaging paper manufactured at the sister company in Pöls with machine-glazed (MG) and machine-finished (MF) products.

    Alfred H. Heinzel: “As a result of these investments, in future the mill in Laakirchen will not only manufacture magazine paper for rotogravure and offset printing, but also machine finished and liner packaging paper. Owing to current developments in the packaging market these products are in increasing demand and we wish to actively exploit this trend, especially in view of our good geographic position.” In particular, sales of product and transport packaging, resource-saving packaging and flexible food packaging are constantly on the rise. The planned investments are to be concluded by mid-2017. Alfred H. Heinzel: “In view of the spending in Laakirchen, the acquisition of the Mondi mill in Raubling represents a sensible supplementation to the product range and in addition will contribute to the securing of raw material supplies.” The purchased mill has a capacity of around 220,000 t/y and manufactures corrugated special grades on two paper machines. At the same location Chiemgau Recycling GmbH operates a sorting plant for waste paper and liquid board packaging.

    Parallel to the investments in Laakirchen and this latest acquisition, the Heinzel Group is to raise the market pulp and MG kraft paper production capacity at its mill in Pöls from its 450,000 to 550,000 t/y. At the same time, in the period up to 2018, the Estonian Cell group company will upgrade its BCTMP pulp output capability by 30,000 to 200,000 t/y.

    Apart from the growth plans for the industrial area, the companies in the trading area, heinzelsales, Europapier and Bunzl & Biach, are pursuing various acquisition projects. Alfred H. Heinzel: “In 2015, the trading segment was strengthened by the addition of three offices, in particular in Latin America. We therefore wish to further consolidate our global market presence from what is already a strong position. This will allow us to maintain our successful growth course of recent years.”

    Despite the fire-related outage of the PM10 in Laakirchen until December and the restart of the large liquor boiler in Pöls at roughly the same time, Heinzel anticipates both improved sales revenues and results for 2015.
    (Heinzel Deutschland GmbH)
    29.10.2015   Sappi Europe to increase prices for its European coated and uncoated Graphic papers    ( Company news )

    Company news Continuously rising input costs and consequently squeezed profit margins make corrective pricing measures essential as Sappi Europe’s business is unsustainable at current price levels. We are therefore announcing a price increase of 5-8% for all European coated and uncoated Graphic paper business as per January 2016.

    Our customers will be personally informed by our sales managers who will provide them with all information they may ‎require.
    (Sappi Europe S.A.)
    29.10.2015   Graphic Packaging Holding Company Reports Third Quarter 2015 Results    ( Company news )

    Company news -Q3 Adjusted Earnings per Diluted Share were $0.20 compared to $0.17 in the prior year period.
    -Q3 Adjusted EBITDA was $197.1 million compared to $190.6 million in the prior year period.

    Graphic Packaging Holding Company (NYSE: GPK), (the "Company"), a leading provider of paper-based packaging solutions to food, beverage and other consumer products companies, reported Net Income for third quarter 2015 of $60.2 million, or $0.18 per share, based upon 330.4 million weighted average diluted shares. This compares to third quarter 2014 Net Income of $53.0 million, or $0.16 per share, based on 330.6 million weighted average diluted shares.

    Third quarter 2015 Net Income was negatively impacted by $5.8 million of special charges after taxes (primarily Charges Associated with Business Combinations). When adjusting for these charges, Adjusted Net Income for the third quarter of 2015 was $66.0 million, or $0.20 per diluted share. This compares to third quarter 2014 Adjusted Net Income of $57.5 million or $0.17 per diluted share.

    "We delivered another solid quarter of performance, producing and selling more tons than a year ago and improving our Adjusted EBITDA margin by 20 basis points to 18.4%," said Chairman and CEO David Scheible. The increases were driven by our ongoing asset optimization strategies, acquisition integration and strong operating performance. We have generated nearly $60 million in productivity benefits through the first three quarters of the year, which puts us on track to deliver full-year performance benefits at the upper end of our range of $60-$80 million."

    "In line with our strategy to grow profitably through reinvestments back into the business and acquisitions, I am pleased to announce our definitive agreement to purchase G-Box, S.A. de C.V. (G-Box), a Mexico-based operator of two folding carton facilities. G-Box, along with the October 1, 2015 announced acquisition of the assets of Carded Graphics, expands Graphic Packaging's geographic footprint, manufacturing scope, customer base and range of products. G-Box increases Graphic's presence in Mexico by adding two folding carton facilities located in Monterrey and Tijuana, while Carded Graphics allows us to better service new and existing customers on the east coast, specifically in the fast growing craft beer markets."

    Net Sales

    Net Sales increased 1.9%, or $20 million, to $1,070.0 million in the third quarter of 2015 compared to $1,050.0 million in the prior year period. The $20.0 million increase was driven by $56.5 million of improved volume/mix, primarily related to acquisitions. The sales increase was partially offset by $30.2 million of unfavorable foreign exchange rates and $6.3 million of lower pricing.

    Attached is supplemental data showing Net Tons Sold, Net Sales and Income (Loss) from Operations for the first three quarters of 2015 and each quarter of 2014.


    EBITDA increased 3.7%, or $6.8 million, to $189.1 million in the third quarter of 2015 compared to $182.3 million in the third quarter of 2014. After adjusting both periods for special charges, Adjusted EBITDA increased 3.4% to $197.1 million in the third quarter of 2015 from $190.6 million in the third quarter of 2014. When comparing against the prior year quarter, Adjusted EBITDA in the third quarter of 2015 was positively impacted by $18.9 million of improved net operating performance and $6.3 million of favorable volume/mix. These benefits were partially offset by $7.3 million in higher costs (primarily for labor and benefits), $7.3 million of unfavorable foreign exchange rates and $4.1 million of lower price, net of commodity deflation.

    Other Results

    Total Net Debt declined $84.9 million during the third quarter 2015 to $1,912.7 million. At quarter end, the Company's Net Leverage Ratio was 2.58 times Adjusted EBITDA compared to 2.90 times Adjusted EBITDA at the end of the third quarter of 2014. As of September 30, 2015, the Company had available domestic liquidity of $1,034.8 million, including the undrawn availability under its $1.25 billion domestic revolving credit facility.

    Net Interest Expense was $16.5 million in the third quarter of 2015 compared to $20.4 million in the third quarter of 2014. The decrease was due to both lower debt balances and lower overall interest rates.

    Capital expenditures for third quarter 2015 were $54.7 million, compared to $42.5 million in the third quarter of 2014. The increase is primarily the result of additional investments being made in the Company's mills, including the previously announced cogen installation at the West Monroe, LA mill.

    Income Tax Expense was $33.6 million in the third quarter of 2015 compared to $39.3 million in the third quarter of 2014. As of September 30, 2015, the Company had approximately $455 million of NOLs for U.S. federal income tax purposes, which may be used to offset future taxable income.
    (Graphic Packaging Holding Company)
    29.10.2015   Metsӓ Board recognised as world leader for corporate action on water security    ( Company news )

    Company news For its actions to improve water security and better manage this shared resource, Metsä Board, one of Europe’s leading suppliers of paperboard, has been awarded with a position on CDP’s Water A List.

    This list features companies that are seen as being on the path to sustainably managing water. It has been produced at the request of 617 investors with USD 63 trillion in assets by CDP, the global NGO which holds the most comprehensive dataset of publicly available corporate water information collected on behalf of investors.

    Information provided by 405 listed companies has been independently assessed against CDP’s scoring methodology – developed in collaboration with leading peers and experts in corporate water stewardship – and ranked accordingly. Metsä Board is one of eight awarded an A grade for its water management efforts, earning a position on this exclusive global list of corporate leaders. The others are Asahi Group (Japan), Colgate Palmolive (US), Ford Motor Company (US), Harmony Gold Mining (South Africa), Kumba Iron Ore (South Africa), Rohm Co (Japan) and Toyota Motor Corporation (Japan).

    In 2013, Metsä Board launched an extensive development project to improve water usage and material efficiency by reducing water intake and fibre loss. It will also improve the efficiency of sludge and wastewater management. The raw material for its paperboards, fresh forest fibre, already comes from northern forests that do not draw on recycled, brackish or processed water. Around 95% of water used for production is returned to its source, and carefully cleaned before release back into the watercourse, ensuring the environment surrounding Metsä Board’s mills is not affected by their water usage.

    “We are proud that our efforts in water security and management have been recognised by our inclusion in the CDP Water A List, especially as the only forest industry company in this category,” says Mika Joukio, CEO of Metsä Board.
    “Water is essential in making pulp and paperboard, but we continuously seek new ways to reduce its use. Our main water usage is fresh water, almost all of which is surface water from rivers and lakes, and we are very conscious of our need to minimise impact on this natural environment.”

    Cate Lamb, head of water at CDP, says: “The business case for action to improve water security has never been stronger or more urgent. For this reason we congratulate those businesses that have achieved a position on CDP’s Water A List. These companies are responding to market demand for environmental accountability and at the same time are making progress towards the realisation of sustainable economies.”
    (Metsä Board Corporation)
    29.10.2015   Norske Skog: Significant effects from foreign exchange on earnings and debt    ( Company news )

    Company news Norske Skog’s gross operating earnings (EBITDA) in the third quarter of 2015 were NOK 163 million, up from 138 million in the second quarter. The EBITDA improved from second quarter due to foreign exchange effects but was somewhat offset by lower sales prices with challenging export markets in Australasia. The weakening of Norwegian krone was the main reason for the NOK 0.9 billion noncash increase in the net interest bearing debt in the quarter.

    The net loss of NOK 742 million in the third quarter of 2015 was significantly impacted by negative unrealised foreign exchange losses amounting to NOK 525 million on foreign denominated debt due to a significant depreciation of NOK. Net interest-bearing debt increased by NOK 0.9 billion from the end of second quarter 2015, from NOK 7.5 billion to NOK 8.4 billion, mainly due to unfavourable foreign exchange effects. Cash flow from operating activities before net financial items was NOK 2 million (NOK 89 million in Q2 2015). The working capital increased by NOK 134 million in the third quarter due to higher sales at Saugbrugs.

    - We are satisfied with the cost development in Europe, but we are challenged by low export prices from Australasia. We meet the challenging market for publication paper by a cash driven commercial policy, and continued efforts to cut costs and improve productivity. We
    are also considering several options for the upcoming bond maturities, says Sven Ombudstvedt (photo), President and CEO of Norske Skog.

    Market and segments
    Operating revenue increased slightly despite somewhat lower sales volume. The volume was down due to the deconsolidation of Walsum. A significant depreciation of NOK counterbalanced this volume effect. Underlying publication paper prices were relatively flat. Gross operating earnings improved significantly quarter-over-quarter mainly due to lower costs, while there was a reduction in selling prices year-over-year due to depressed European price levels for newsprint and magazine paper.
    Demand for newsprint and magazine paper in Europe decreased by 7% and 4% respectively through August of 2015, compared to the same period last year. Capacity utilisation improved to 82% in Q3 2015 from a historically low level in the previous quarter. One machine at Skogn remained out of operation throughout the quarter for commercial reasons.

    Operating revenue declined with more export sales at low prices, AUD depreciation and discontinuation of the two-year amortisation of the old contract break-fee compensation.
    The Asian newsprint price remained at historical low levels.
    Variable costs increased somewhat with higher production, while fixed costs were slightly lower due to ongoing cost improvement programs. Gross operating earnings improved slightly year-over-year, but were markedly down quarter-over-quarter. Domestic demand for newsprint and the Asian price level are challenging.
    Demand for newsprint in Australasia decreased by around 10% in the first eight months of the year compared to the same period last year, while demand for magazine paper was relatively stable. The capacity utilization was 92% compared to 89% in Q2 2015.

    Active capacity management
    Total annual production capacity for the group is 2.8 million tonnes. In Europe the group capacity is 2.1 million tonnes, while in Australasia the capacity is 0.7 million tonnes.
    Capacity utilization for the group in the third quarter was 85%, compared to 82% in the second quarter.
    The market balance for newsprint and magazine paper in Europe has improved following capacity closures in the industry. This has led to improved LWC prices. The SC market has firmed up with higher operating rate in Europe. Newsprint prices are again down to cash cost, last seen in 2010, which tend to drive high cost capacity out of the market. Following the deconsolidation of Walsum and ongoing tissue conversion at Bruck, Norske Skog only has prime capacity left in the portfolio.

    - We will continue to pursue an active capacity management policy to support cash generation and improved market balance, says Sven Ombudstvedt, President and CEO of Norske Skog.

    Update on new growth opportunities
    Biogas at Saugbrugs
    The NOK 150 million biogas project at Saugbrugs is on schedule for completion at the yearend 2016. The biogas facility will be at full run-rate contribution to gross operating earnings in 2017. Norske Skog is currently considering replicating the project at its other mills.
    Tissue production at Bruck Norske Skog has formalized a joint venture structure with the Italian producer and tissue distributor Roto-cart for converting the newsprint site at Bruck in Austria to tissue

    The newsprint export business out of Australasia is an increasing challenge as the domestic market declines and the Asian prices remain historically low. Consumption of input factors are set to decrease with ongoing efficiency projects at all mills. Quarterly fixed costs should trend towards NOK 600 million in coming quarters.
    The growth investments beyond paper, are on track and will contribute to gross operating earnings from 2016. Full run-rate potential will be achieved within a timeframe of 3-4 years.
    The capital structure of the group was improved through enhanced liquidity, immediate deleveraging and an extended maturity profile following the transactions completed in February 2015.
    The challenging market environment for both price and volumes have reduced gross operating earnings and cash flows. The industry consensus is, however, for improved pricing for all grades into 2016. LWC prices have increased this autumn, and high operating rates
    across all graphic paper grades support higher prices into 2016 for all the company's product.
    The leverage remains high and requires improved profitability and/or changes in the capital structure. The company has full focus on the improving profitability, cash flow as well as upcoming bond maturities in June 2016 and June 2017. The company is considering several options that addresses both the near term maturities and addressing the high financial leverage of the group.
    (Norske Skogindustrier ASA)
    29.10.2015   Sonoco-Alcore to Offer European Coreboard Mill for Sale - 95,000-Ton Facility Located in ...    ( Company news )

    Company news ...Schweighouse, France

    Sonoco-Alcore S.a.r.l. announced its intention to offer for sale its Schweighouse-sur-Moder uncoated recycled coreboard mill in Alsace, France. The company has notified the local works council of this opportunity.

    The Schweighouse facility is one of 20 paper mills that Sonoco operates globally. Established in 1878, the mill has two machines with a total capacity of 95,000 tonnes.

    Sonoco Alcore S.a.r.l. operates 29 tubes and cores plants and five paperboard mills in Europe.
    (Sonoco Alcore)
    29.10.2015   Stora Enso Interim Review January–September 2015 - Solid performance supported by currencies    ( Company news )

    Company news Q3/2015 (compared with Q3/2014)
    -Sales EUR 2 500 (EUR 2 514) million remained unchanged; sales excluding the structurally declining paper and divested businesses increased 4.9% primarily due to the Montes del Plata pulp mill volumes and favourable foreign exchange rates.
    -Operational EBIT increased by 17.1% to EUR 246 (EUR 210) million, operational EBIT margin increased to 9.8% (8.4%), mainly due to favourable foreign exchange rates, the good performance of Montes del Plata and the Nordic pulp mills, and lower fibre costs.
    -EPS excluding non-recurring items EUR 0.13 (EUR 0.12).
    -Continued strong cash flow from operations amounted to EUR 484 (EUR 257) million, cash flow after investing activities EUR 234 (EUR 28) million.
    -Net debt to operational EBITDA 2.5 (2.8), liquidity reduced as planned to EUR 0.8 (EUR 1.5) billion.
    -Operational ROCE 11.6% (9.7%), operational ROCE excluding the Guangxi project 13.1%.

    Q3/2015 (compared with Q2/2015)
    -Sales decreased by 2.4%, sales excluding the structurally declining paper and divested businesses decreased by 3.5% mainly due to usual seasonality in Wood Products.
    -Operational EBIT increased by 18.8% mainly due to favourable foreign exchange rates, higher sales prices in local currencies and lower wood prices as well as better operational performance.
    -Net debt to operational EBITDA 2.5 (2.7).

    Q1–Q3/2015 (compared with Q1–Q3/2014)
    -Sales decreased by 1.4%, sales excluding the structurally declining paper and divested businesses increased by 4.1%.
    -Operational EBIT increased by 12.0% primarily due to favourable foreign exchange rates and lower fibre costs.

    Stora Enso's CEO Karl-Henrik Sundström (photo) comments on the third quarter 2015 results:
    “Stora Enso’s transformation into a renewable materials company is showing real progress year-on-year. Sales increased by 4.9% in the quarter, excluding the structurally declining paper and divested businesses. This is mainly due to sales growth in the Biomaterials and Consumer Board divisions of 38% and over 4% respectively. Biomaterials enjoyed higher volumes from Montes del Plata. We also continued to generate strong cash flow.
    Operational EBIT increased 17.1% to EUR 246 million compared to a year ago, mainly due to strong performance in the Biomaterials division, favourable exchange rates and lower fibre costs. Return on capital employed increased from 9.7% to 11.6%.
    In the coming quarters, we are reaching several key milestones in our transformation. We have started production of kraftliner in our newly converted paper mill in Varkaus, Finland. The machine is ramping up and full production is expected in early 2017. Also in Varkaus, we will start a new production line for wooden building elements in mid next year. As announced earlier, the board machine in Guangxi is expected to be operational in mid-2016. We also continued to divest non-core assets, such as the Barcelona mill in Spain and Komárom packaging plant in Hungary.
    The political strike in Finland against the government’s plans to change labour legislation resulted in a loss of EUR 5‒7 million.
    As announced on 12 October, our sales in the fourth quarter of 2015 are estimated to be similar to the amount of EUR 2 500 million and operational EBIT is expected to be in line with the EUR 246 million recorded in the third quarter. The maintenance impact is expected to be EUR 40 million lower in the fourth quarter compared to the third quarter, out of which approximately EUR 20 million comes from the Paper division.
    As always, I would like to thank our employees for their commitment, our customers for their business and our investors for their trust. We work hard to keep on creating value, today and tomorrow."
    (Stora Enso Oyj)
    28.10.2015   Leather to paper: Out of Favini research comes REMAKE    ( Company news )

    Company news Favini confirms its commitment to luxury by presenting a new paper made out of fibres obtained from leather-making processes.

    Favini, a global leader in the use of natural raw materials to produce innovative graphic specialties for the packaging of fashion and other luxury goods, presents REMAKE, the revolutionary paper that includes fibres obtained from leather-making processes.

    This innovative paper is produced with 25% by-product from the leather goods industry, 30% FSC-certified post-consumption recycled cellulose, and 45% FSC-certified virgin cellulose fibre.

    The result is a luxurious, recyclable and 100% biodegradable paper that offers excellent print and conversion performance, making it suited for a wide range of applications, from brochures and cards to shopping bags and packaging for the fashion, luxury and creative applications.

    In addition, the leather particles that are visible on the surface of the paper give it a distinctive look and a soft, surprisingly velvety feel, making it ideal for the most creative of projects.
    The production process for REMAKE is a perfect example of up-cycling. This complex process transforms the waste material into a high-value product ideal for luxury packaging.

    In keeping with Favini’s green philosophy, the production of REMAKE saves an estimated 25% of greenhouse gas emissions compared to another paper with similar characteristics. Any unavoidable emissions are then offset in their entirety by the carbon credits which are purchased by Favini. These credits finance valued projects whose primary objectives will improve the environment by absorbing CO2 in the atmosphere.

    “Currently, leather industry waste is used to produce a regenerated leather or as fertilizer, and a portion is sent to landfill. Favini has developed a new process for the treatment of leather by-products in order to obtain a recyclable, biodegradable product that can be combined within traditional paper-production techniques. Our research and development labs never stop testing potential sources of industrial waste for use in the production of new papers. We are proud to have been able to achieve such a high-quality paper containing leather by-products. Thanks to REMAKE, we can increase our focus on high-value products for niche markets and on methods for reusing the by-products of other manufacturing segments,” said Eugenio Eger, CEO Favini.
    (Favini Srl)
    28.10.2015   Interim Report for Duni AB (publ) 1 January – 30 September 2015    ( Company news )

    Company news Historically strong quarter with strong operating margin.

    1 July – 30 September 2015
    -Net sales amounted to SEK 1,043 m (997). Adjusted for exchange rate changes, net sales increased by 1.1%.
    -Earnings per share, for continuing operations, after dilution amounted to SEK till 2.10 (1.80).
    -High capital expenditure level, continued strong cash flow.

    1 January – 30 September 2015
    -Net sales amounted to SEK 3,030 m (2,736). Adjusted for exchange rate changes, net sales increased by 5.8%.
    -Earnings per share, for continuing operations, after dilution amounted to SEK 5.05 (4.19).
    -Decision to invest SEK 110 m in upgrading two of the paper machines in Skåpafors in order to increase capacity.
    -Production of hygiene products in Skåpafors is now discontinued; the hygiene product operations and restructuring work within the Materials & Services business area are reported as discontinued operations.

    Photo: Thomas Gustafsson, President and CEO, Duni

    CEO’s comments:
    ”The operating income for the quarter is historically strong and exceeds the third quarter of last year by a considerable margin. Total net sales fell by 5% due to the closure of the hygiene products business. However, the continued operations reported organic growth of 3%, excluding currency effects and acquisitions. Despite improved growth compared with the two preceding quarters of the year, we have not achieved the target level of 5%. Operating income in the continued operations increased by 13%, to SEK 146 m (129), and the operating margin improved to 14.0% (12.9%).

    The quarter was characterized by good delivery performance and cost control. The improvement in the margin was driven primarily by more efficient operation at our paper mill and in the logistics units, but also thanks to growth in the core business and continued favorable exchange rates. The weak krona generates exchange rate advantages; conversely, a strong USD negatively affects the prices of, first and foremost, pulp and plastic products.

    The restructuring program in Rexcell Tissue & Airlaid AB is proceeding and the process of moving airlaid production to the mill in Skåpafors will be completed during the final quarter of the year. Despite a high level of activity, the restructuring has been implemented without any significant impact on the day-to-day operations. During the coming quarters, work will also be intensified on the previously announced investment in increased capacity at the paper mill. Installation is expected to be completed during the latter part of 2016.

    The Table Top business area increased its sales in the quarter by 6% compared with last year. The increase in sales is attributable to positive currency effects. Somewhat weak sales in Central Europe and the Nordic region dragged down the growth rate for the business area, at the same time as southern and Eastern Europe grew by almost 20%. A return to growth in Central Europe and the Nordic region is a top priority issue and we are currently further intensifying our sales effort. The business area’s sales for the quarter increased to SEK 579 m (545) and operating income increased to SEK 109 m (97).

    Within Meal Service we are witnessing continued strong growth driven by increased market demand and higher market shares. Consistent investments in unique and environmentally-adapted products have broadened the customer base, at the same time as strengthen our position as a leading innovator. During the quarter, sales increased by approximately 10% compared with last year. Sales reached SEK 155 m (140) and the operating income was SEK 10 m (8).

    Sales in the Consumer business area fell during the quarter. This was primarily due to the somewhat weaker trend in Central Europe, which had a negative impact on revenues in the business area. Sales for the quarter amounted to SEK 245 m (249) and operating income declined to SEK 21 m (22).

    Within New Markets we recorded strong growth in our main markets. The weaker economic climate in China, has led to a slowdown in the rate of growth in Southeast Asia, but our operations in Singapore compensated for this with increased export sales. The Russian operations have now been restructured and are better adapted to the prevailing economic climate. The workforce has been reduced and extensive price increases have been carried out. During the quarter, sales in the business area increased to SEK 53 m (50) and operating profit rose to SEK 4 m (1).

    All in all, it is pleasing that our core business is continuing to improve in efficiency and is contributing to increased profitability. During the quarter, both delivery performance and efficiency in the flow of goods improved, at the same time as Rexcell implemented its restructuring program without significant disruptions in operations. We take this with us into the final and most important quarter of the year ”, says Thomas Gustafsson, President and CEO, Duni.
    (Duni AB)
    28.10.2015   GP Announces $110 Million Investment At Alabama River Cellulose     ( Company news )

    Company news Georgia-Pacific announced plans for $110 million in upgrades to its Alabama River Cellulose (ARC) mill. The investments include replacing one of the mill’s two existing wood yards that process incoming logs, upgrading the other wood yard and a major upgrade to one of the mill’s machines that produce pulp.

    The formal announcement was made at the mill by Jim Hannan, CEO and president of Georgia-Pacific, alongside Governor Robert Bentley, to an audience of employees, local and state leaders, key stakeholders and media.

    Photo left to right: CEO and President of Georgia-Pacific Jim Hannan, Alabama Governor Robert Bentley, and Alabama River Cellulose Vice President of Operations Tim McIlwain.

    The investment in ARC follows more than $2.2 billion invested by Georgia-Pacific across Alabama in the last 10 years. The ARC project will allow the mill to better serve customer needs, stay competitive in a challenging industry, preserve jobs for Alabama residents and provide ongoing support to the local and state community. In fact, this $110 million investment further secures the mill’s estimated $200 million contribution to the local economy through payroll, direct purchases and taxes, as well as indirectly through products and services purchased by employees.

    Work on the project is slated to begin early next year, and construction is expected to require approximately 65 people per day for 18 months.

    “We are pleased to announce this major investment at Alabama River Cellulose,” said Hannan. “This reflects our company’s strong commitment to our cellulose business, to the global competitiveness of skilled Georgia-Pacific employees, to the states that understand the value we create and to the support of the communities where we operate. We look forward to the full support of this community and this state for our company and operations here.”
    (Georgia-Pacific Corp.)
    28.10.2015   InPrint 2015 – Heidelberg presents marketplace of ideas for customized color 4D printing    ( Company news )

    Company news -Premiere of Jetmaster Dimension 250 for color 4D printing
    -Customers obtained from various sectors

    A marketplace of ideas at the stand of Heidelberger Druckmaschinen AG (Heidelberg) will offer visitors to InPrint 2015, which is taking place in Munich from November 10-12, the chance to find out about the diverse possibilities of color 4D printing. This is the name given by Heidelberg to customized, flexible digital printing of three-dimensional items such as soccer/golf balls, drinking bottles, and other curved surfaces. Depending on the application, companies such as manufacturers of branded and consumer goods can print customized images and texts on these items for all kinds of target groups. For this purpose, Heidelberg will be unveiling the new Jetmaster Dimension 250 – a four-color press that can print items with a diameter of up to 250 millimeters based on cutting-edge inkjet technology. In dialog with experts from Heidelberg and with the help of numerous practical examples, potential customers will discover how they can use 4D printing to expand their business model and unlock new market segments.

    “Heidelberg supports creative players both within and outside the print media industry with technologies that go beyond conventional printing. 4D printing based on inkjet technology paves the way for high-quality, cost-efficient customized surface finishing of mass-produced consumer goods, even in small quantities. Heidelberg is also planning a solution in time for the upcoming drupa that opens up new opportunities for industrial users in particular such as those in the automotive industry,” says Jason Oliver, Head of Digital at Heidelberg.

    The InPrint exhibition will be accompanied by a conference program giving academics and practitioners alike the chance to find out about future developments, trends, and opportunities in industrial printing. On November 12, Oliver will be giving a talk about practical trends and the possibilities being opened up by 4D printing.
    (Heidelberger Druckmaschinen AG)
    28.10.2015   Agreement signed with Flambeau River Papers for the acquisition of their lignin business    ( Company news )

    Company news Borregaard has signed an agreement with Flambeau River Papers LLC (“Flambeau”) for the acquisition of the lignin business based at the latter’s Park Falls operations in Wisconsin, USA.

    The parties have also entered into a long-term lignin raw material supply agreement. Closing is expected to take place during the 4th quarter of 2015. The acquired business will be integrated into Borregaard’s existing US operation.

    The annual lignin volume is approximately 40,000 metric tonnes dry substance. The products are sold to the low and medium value segments in North America.

    - We are very pleased to add Flambeau’s lignin business to our North American operations. This will broaden our offering to our customers in this region, says Morten Harlem, Executive Vice President, Performance Chemicals.
    (Borregaard ChemCell)
    28.10.2015   Barry-Wehmiller to aquire W+D GmbH and POEM GmbH from Körber AG    ( Company news )

    Company news W+D will operate as an independent business unit within Barry-Wehmiller’s Converting Solutions platform

    Barry-Wehmiller Companies, Inc. has executed a definitive agreement to acquire the operations of Winkler+Dünnebier GmbH, including POEM (W+D). The acquisition includes W+D’s operations in Neuwied and Löhne, Germany, along with the U.S. subsidiary, W+D North America and the Malaysian subsidiary, W+D Asia Pacific. The parties anticipate closing of the transaction to take place end of December 2015 after fulfillment of all closing conditions. Upon completion of the transaction, W+D, a recognized leader in integrated mail, folded tissue and hygiene solutions will continue its strategic mission to bring leading engineered solutions to its customers.

    W+D stands to benefit from Barry-Wehmiller’s strategic and operational resources as well as its ongoing commitment to the mailing, tissue and hygiene industry sectors. W+D will operate as an independent business unit within Barry-Wehmiller’s Converting Solutions platform alongside Paper Converting Machine Company (PCMC).

    W+D joins Barry-Wehmiller’s family of almost 80 companies as part of an organic and acquisition growth strategy that, since 1987, has propelled the company from a $20 million U.S.-based supplier to a $2+ billion global supplier of diversified industrial solutions.

    “We are proud to carry forward the W+D legacy and truly excited to partner with the great people of W+D to serve mailing solutions and tissue companies around the world,” said Tim Sullivan, Barry-Wehmiller Group President. “W+D has established itself as a meaningful player in the global markets in which it operates and has benefitted greatly from the guidance of Körber AG. We intend to build upon W+D’s solid foundation in partnership with the company’s existing leadership and its 359 associates worldwide.”

    “Barry-Wehmiller’s commitment to purpose-driven growth and people-centric values, along with our considerable financial strength and, very importantly, our interest in the mailing solutions sector, will allow for continued growth and investment in W+D and its team members worldwide,” said Bob Chapman, Chairman and CEO of Barry-Wehmiller. “Likewise, Barry-Wehmiller will benefit from the significant technology and operational expertise that W+D offers.”

    “Körber is pleased to have reached an agreement with a long-term oriented shareholder for W+D. The ownership of Barry-Wehmiller will allow W+D to continue and strengthen its strategic development,” underlined Körber CFO Stephan Seifert.

    “We are looking forward to joining Barry-Wehmiller and enhancing our long-term potential as a company while continuing our outstanding customer service approach,” said Frank Eichhorn, Managing Director of W+D. Upon completion of the transaction, W+D will continue to serve its customers from Neuwied and Löhne, Germany and Lenexa, Kansas (USA).
    (Winkler+Dünnebier GmbH)
    27.10.2015   Canon launches the Océ ColorWave 810 and 910 – the fastest digital wide format colour printers...    ( Company news )

    Company news ... on the market

    Canon Europe, world leader in imaging solutions, announces the launch of two new printers, the Océ ColorWave 810 and 910 (photo). The successors to the Océ ColorWave 900 are the fastest digital 42’’ wide format colour printers on the market, with speeds of up to 1000m² per hour regardless of image complexity, ink coverage or media type. As part of ongoing collaboration and partnership with customers, the latest in the line of ColorWave printers have been refined and upgraded with the needs of both in-house printers and PSPs in mind. The new single pass inkjet printers deliver best-in-class functionality and unbeatable performance to the high-volume print market.

    The next generation devices have evolved as a strong choice for PSPs in architecture, engineering and construction (AEC), CAD and GIS environments, allowing flexible printing from a single unit in both black and white and colour. Integrating seamlessly into existing workflows with a range of finishing options and supporting software, the ColorWave 810 and 910 offer high-volume output at fast turnarounds for optimum productivity.

    Also perfectly placed to serve dynamic retail environments, the ColorWave 810 and 910 are ideal for short-term sales campaigns. The high-quality system architecture provides fast and continuous printing and instant-dry prints that are ready to use immediately. Capable of replacing multiple digital printers, both devices are extremely robust and hardworking and offer a practical colour alternative to traditional presses.

    Other key benefits of the new models include sharper lines, increased render resolution, grayscale printing and a larger range of media handling capabilities to improve both quality and precision of output. Hardware updates to the ColorWave 810 and 910 include a new controller PC with more memory, a faster CPU for speed and agility in busy environments and an Adobe PDF Print Engine for faster ripping of complex PDFs with shading or transparencies. Delivery of 3.4 billion drops of 1.2 pico-litres of aqueous ink per second make the ColorWave 810 and 910 significantly lower ink usage printers than their competitors.

    A new intuitive touchscreen UI panel with brighter colours and clear operator visible traffic lights (Green-Orange-Red) enhances usability and simplifies routine tasks – saving time and reducing mistakes. As a result, the ColorWave 810 and 910 are two of the most hassle-free and user-friendly wide-format printers the market today.

    Pierre-Olivier Esteban, European TDS/DGS Marketing Director at Canon Europe commented “The development of the ColorWave range evolved through collaboration and strong partnership with our customers to ensure we delivered a fully integrated solution that met all of their needs. The new printers include a range of finishing tools and software for different applications in order to cater to various customer segments with ease. Efficient, productive, robust and genuinely user-friendly, it is a testament to our dedication to the high-volume print industry and proves once again that Canon is the ideal partner for any print service providers or large companies that want to differentiate their service offering, stand out from the crowd and grow their business over the long term.”
    (Canon Europe Ltd)
    27.10.2015   Sappi Europe to adjust prices upwards for Speciality papers as from January 2016    ( Company news )

    Company news Continuously rising input costs make it necessary for Sappi Europe to adjust prices upwards for Speciality papers as from January 2016. The price rise will apply to all European and Overseas markets.

    The increase will be in the range of 5 - 7% and will be applied to all coated and uncoated Flexpack papers, Siliconising base papers, Rigid Packaging products, Containerboard and Label papers.

    Our customers will be personally informed by our sales managers who will provide them with all information they may ‎require.
    (Sappi Europe S.A.)
    27.10.2015   Packaging Corporation of America Reports Third Quarter 2015 Results    ( Company news )

    Company news Packaging Corporation of America (NYSE: PKG) reported third quarter net income of $128 million, or $1.31 per share, compared to last year’s third quarter net income of $104 million, or $1.06 per share. Earnings included a $5 million, or $.05 per share, net gain for special items related to the Boise integration including the sale of the former St. Helens mill site previously operated by Boise Inc. Excluding special items, third quarter 2015 net income was $123 million, or $1.26 per share, compared to third quarter 2014 net income of $124 million, or $1.26 per share. Third quarter net sales were $1.5 billion in both 2015 and 2014.

    Excluding special items, third quarter 2015 earnings per share, compared to the third quarter of 2014, included improved volume ($.07), lower costs for chemicals ($.03), energy ($.03) and repairs ($.02) and a lower tax rate ($.03). These items were offset by lower white paper prices and mix ($.13), lower export containerboard prices ($.03), and higher fiber costs ($.01).

    Packaging segment EBITDA in the third quarter of 2015, excluding special items, was $268 million with sales of $1,144 million compared to third quarter 2014 packaging EBITDA of $262 million with sales of $1,176 million. Revenues in 2014 included $36 million related to the discontinued newsprint business and other divested operations. Corrugated products shipments were up 1.3% over last year’s record third quarter with the same number of workdays. Containerboard production was 933,000 tons which was an increase of 75,000 tons over last year’s third quarter including 70,000 tons from the D3 machine at DeRidder. Containerboard inventories were up 2,000 tons compared to 2014 year-end levels.

    Paper segment EBITDA in the third quarter of 2015, excluding special items, was $46 million with sales of $292 million compared to third quarter 2014 EBITDA of $56 million with sales of $313 million. Total sales prices were lower and volume was essentially equal to the third quarter of last year.

    Commenting on third quarter results, Mark W. Kowlzan (photo), CEO, said “We performed very well equaling last year’s record third quarter earnings despite lower white papers prices and mix and lower export containerboard prices which together totaled $.16 per share. We achieved record volumes in both our packaging mills and corrugated products plants and continued to reduce costs and optimize our operations. The planned capital outage on our D3 paper machine at DeRidder was successfully completed and has enabled the machine to achieve the 1,000 tons per day design capacity. Finally, in our paper segment, we were able to reduce about half of the impact from lower sales prices through our cost reduction and efficiency improvement efforts.”

    “Looking ahead,” Mr. Kowlzan added, “we expect seasonally lower volumes for containerboard and corrugated products as well as a seasonally less rich mix in corrugated products, compared to the third quarter. In addition, we expect seasonally lower volumes and a less rich mix in white papers. With colder weather, wood and fuel costs are also expected to be seasonally higher. Finally, as previously reported, maintenance outage costs are expected to be $.10 per share higher in the fourth quarter due to the planned 24-day outage at our Jackson, Alabama white papers mill for a major rebuild of the recovery boiler which will reduce production and increase costs. Considering these items, we expect fourth quarter earnings of $1.03 per share.”
    (PCA Packaging Corporation of America)
    27.10.2015   Strong performance and structural opportunities    ( Company news )

    Company news CEO Per Lindberg (photo) comments on the development during Q3 2015:
    “The third quarter performance and overall market situation strengthen our belief in our long-term strategic direction. The growth strategies per Business Area were confirmed, and our belief, that the contemplated investments in our own production structure will allow us to capture market opportunities, is strengthened.”

    I am pleased with the adjusted operating profit for the quarter of SEK 683 million. Of course the continued weak SEK continues to be a positive profit driver, but at the same time we see 5% year on year volume growth in Consumer Board in line with our targets, record margins in Containerboard, and a balanced development for Packaging Paper with some weaker and some stronger areas. Simultaneously, our ROCE is above target at 14% adjusted and our balance sheet strengthens further to a net debt/equity ratio of 0.46.

    The overall market is stable, thus continuing sideways with only minor variations in segment demand and pricing. Looking ahead, we expect this pattern to continue with normal demand patterns and small variations in local pricing.
    Within Packaging Paper the MG markets are continued strong, whereas MF and white sack paper markets are weaker but stable. Unfortunately, the market has not been strong enough to absorb the announced price increases for kraft and sack paper earlier in the year. Our production capacity in some segments has not been fully utilized due to increased competition, selective pressure on local prices, and in the non-integrated mills also due to unsatisfactory profitability. As a consequence, we have in October taken the decision to close our production in Tervasaari completely, after having run it underutilized during the year with insufficient profitability. This has been a tough decision to make. The local team in Tervasaari has made significant efforts to improve profitability and utilization, but the cost position of the machine in combination with an increasingly commoditized product portfolio proved too big of a burden to carry.
    Consumer Board market continues to be strong and we are experiencing delivery pressures from our main markets. I am happy we have decided to invest in increased capacity in Consumer Board for continued volume growth.
    Business area Containerboard noted an all-time high operating margin. Fluting demand continue to be strong. The new flute from the upgraded PM6 in Gruvön lives up to the high quality expectations and is a solid product for continued value growth. The liner segment shows a stable demand and attempts for price increases has been made on the market even with more capacity coming on line upstream.

    Growing demand driven by global megatrends favours our markets and to support the volume growth strategy within business area Consumer Board we have started a pre-project investigating the opportunity to invest in a new board machine to be placed in Gruvön. In addition to increased cost efficient capacity it would also include a streamlining of the production structure within business area Packaging Paper as the current production of kraft papers at the Gruvön production unit would be discontinued and replaced by production at other BillerudKorsnäs units. This supports business area Packaging paper’s selective growth strategy and in a second pre-project we focus our efforts on further structural changes to enable growth in the attractive growing kraft paper segments within medical papers, food packaging and release liners and the discontinuation in the less attractive commodity segments. The investigation explores the possibility of moving the paper machine in Tervasaari to Skärblacka and make it an integrated unit, as well as investment in further value adding surface treatment capacity at existing MG paper production in Skärblacka.

    Should both pre-projects materialise it would imply an overall efficient production structure for the group, capacity increases in very attractive areas and improved margins due to better product mix including removal of any exposure to the pulp market.
    (BillerudKorsnäs AB (publ))
    27.10.2015   ABB: Steering through challenging markets     ( Company news )

    Company news Third-quarter highlights
    -Order pattern reflects adverse market conditions
    -Base orders -3%1,2 total orders comparison impacted by record Q3 2014 large orders (-12%)
    -Book-to-bill ratio positive at 1.03x and year-to-date 1.07x
    -Revenues -2% on lower short-cycle volumes
    -Operational EBITA margin up 50 basis points to 12.5%
    -Operational earnings per share +2% (constant currency)
    -Financials impacted by currency translation due to strong appreciation of US dollar
    -Stage 2 of Next Level strategy aimed at accelerating ABB’s transformation

    “Our Q3 results reflect the challenging markets we face. Short-cycle demand in oil and gas, China and the US was down and the orders compare to a strong Q3 2014 when we won a record amount of large orders in Power Systems and Process Automation,” said CEO Ulrich Spiesshofer (photo). “However, building on our Next Level strategy, we were able to win key customer orders and to deliver margin accretion as well as a positive book-to-bill ratio in spite of significant market headwinds,” he said. “We delivered a 50 basis point improvement in operational EBITA margin and higher operational earnings per share by building on our strong focus on execution, restructuring and cost measures as well as the Power Systems ‘step change’ program.”

    “We have launched Stage 2 of our Next Level strategy aimed at accelerating ABB’s transformation,” Spiesshofer said. “Markets are expected to remain challenging well into 2016. In this environment we continue to drive “self-help” by focusing on growth opportunities in a disciplined way while mitigating the impact of market headwinds through capacity adjustments, productivity measures and cost reductions. Executing our 1,000- day white-collar productivity and ongoing restructuring programs is pivotal,” he said. “We kicked off the announced strategic portfolio review of the future Power Grids division and are on track to complete it in 2016, as previously stated.

    “Overall, we will continue to drive the execution of our Next Level strategy to deliver on profitable growth and sustainable value creation in challenging markets,” he said.

    Short-term outlook
    Macroeconomic and geopolitical developments are signaling a mixed picture with continued uncertainty. Some macroeconomic signs in the US remain positive and growth in China is expected to continue, although at a slower pace than in 2014. The market remains impacted by modest growth in Europe and geopolitical tensions in various parts of the world. Current oil prices and foreign exchange translation effects are expected to continue to influence the company’s results.

    Q3 2015 Group Results
    Market overview
    Demand in ABB’s three major customer sectors was softer than in the second quarter, reflecting ongoing macro uncertainties and challenges in many markets. Utilities remained cautious but continued to make selective investments in infrastructure-critical power transmission projects. For example, ABB won a large order for a high-voltage direct current (HVDC) interconnection between the power grids of the United Kingdom and Norway, to increase power supply for both countries and support the integration of more renewable wind and hydroelectric energy into their networks. In addition, ABB won orders in China to boost power capacity and grid reliability. This included two new UHVDC power transmission links that are designed to transport 8,000 megawatts each of wind and thermal power from Shanxi to Nanjing and from Jiuquan to Hunan, to meet the electricity needs of 26 million consumers.

    Demand from industrial customers was subdued. Low oil prices resulted in a continued restraint of discretionary spending by oil and gas customers in the quarter. However, the need for cutting edge solutions to increase efficiency and to use renewable power generation to lower the environmental impact continued to be important demand drivers. In this context, the company won a $90- million order for a high-voltage cable system to supply power from the Norwegian power grid to the Johan Sverdrup offshore oil field. Supplying electric power from shore for offshore oil and gas production avoids the need for offshore resources and to burn diesel or gas out at sea to power the equipment, which is much safer and more energy efficient. In addition, demand for Robotics solutions in general industry is growing as there is an increased need for automated processes and productivity. YuMi, ABB’s collaborative robot, helps meet this need and is in high demand.

    The infrastructure and transportation market was mixed, with continuing strong demand from the renewable energy sector. For example, the company won a strategically significant order in the quarter from Socabelec to install a microgrid solution to boost renewable energy use in a remote community in Kenya. ABB’s stabilization system will be integrated into the existing power network and will interface with existing diesel power station controls, to maximize renewable energy penetration and utilize excess wind energy generated.

    Total orders received in the quarter were 12 percent lower on a like-for-like basis (22 percent in US dollars) compared with the third quarter of 2014 in which the Group won a record amount of large orders in its Power Systems and Process Automation divisions. The higher US dollar versus the prior year period resulted in a negative translation impact on reported orders of 10 percent.

    The order backlog at the end of September 2015 amounted to $25,371 million, an increase of 4 percent (down 6 percent in US dollars) compared with the end of the same quarter in 2014.

    Base orders (below $15 million) decreased 3 percent (14 percent in US dollars) compared with a strong third quarter of 2014. Base orders were steady in Process Automation while declining in the remaining divisions. Large orders ($15 million and above) decreased 38 percent (46 percent in US dollars) compared with the same quarter of 2014 when ABB won numerous large orders. In Low Voltage Products and Power Products large orders were higher compared with the same quarter last year, while they were lower in the other divisions. Large orders represented 17 percent of total orders compared with 25 percent in the same quarter a year ago reflecting the continued cautious ordering pattern of key customer segments.

    Despite double-digit order growth in countries such as Germany and Norway, overall orders declined in Europe. For the Americas and Asia, Middle East & Africa (AMEA) total orders decreased by 1 percent and 18 percent respectively even though total orders were up in the United States, China and India.

    Service orders declined 4 percent (17 percent in US dollars) compared with the third quarter last year and represented 16 percent of total orders compared with 15 percent a year ago.

    The book-to-bill2 ratio in the third quarter remained positive at 1.03x compared with 1.14x in the same quarter a year earlier. For the first nine months, book-to-bill remained positive at 1.07x and was above 1.0x in all divisions.

    Revenues in the third quarter declined 2 percent on a like-for-like basis (13 percent in US dollars). Revenues increased in Power Products and Power Systems due to strong execution of the order backlog. Revenues in the other divisions declined, primarily due to a lack of short-cycle volumes and weak demand in many parts of the distribution channels in the first nine months of 2015. The higher US dollar versus the prior year period resulted in a negative currency translation impact on revenues of 10 percent; 2014 divestitures had a negative impact of 1 percent.

    Total service revenues increased 5 percent (down 11 percent in US dollars) and were 16 percent of total revenues.

    Operational EBITA
    Operational EBITA declined 1 percent on a like-for-like basis (9 percent in US dollars), reflecting the lower revenue base. Currency translation negatively impacted operational EBITA by approximately 8 percent.

    The operational EBITA margin increased 50 basis points to 12.5 percent, led by the turnaround in Power Systems and ongoing restructuring and cost savings measures. The increased profitability in Low Voltage Products reflects a strong focus on cost savings and execution. The operational EBITA margin in Discrete Automation and Motion decreased principally due to a decline in the share of higher-margin standard products and services in total revenues, mainly resulting from weaker demand in the oil and gas sector in recent quarters. Process Automation was negatively impacted by reduced short-cycle discretionary spend for oil and gas. In Power Products, the operational EBITA margin was steady, as higher revenues offset unfavorable mix effects and ramp-up costs associated with new production facilities in key markets.

    Operational EPS and net income
    Operational EPS2 on a constant currency basis was at $0.35, increasing 2 percent5. Basic earnings per share amounted to $0.26 in the third quarter compared with $0.32 in the same quarter a year earlier. Net income for the quarter decreased 21 percent to $577 million and was negatively impacted by significant currency translation effects. In the same quarter in 2014, net income was positively affected by an after-tax gain from the sale of businesses of $145 million.

    Cash flow
    ABB reported steady cash flow from operating activities of $1,173 million in the third quarter compared with $1,169 million in the same quarter of 2014. The impact of the lower net income was offset by stronger working capital management.

    Stage 2 of Next Level strategy
    ABB launched Stage 2 of its Next Level strategy in September 2015 to accelerate ABB’s transformation. Stage 2 comprises a significant set of actions to drive the shift of our center of gravity toward higher growth, greater competitiveness and lower risk while initiating additional and accelerating existing execution improvement projects. Implementation of Stage 2 of the Next Level strategy continues along the three focus areas profitable growth, relentless execution and business-led collaboration.

    Profitable growth
    In line with the shift in the company’s center of gravity, ABB is realigning its divisional structure to unlock additional value by structuring the divisions more strongly according to customer needs. As of January 1, 2016, ABB will operate in a streamlined set-up of four divisions. The new Power Grids division will focus on the changing needs of utility customers with ABB’s complete power and automation offering for transmission and distribution delivered from a single source—“power & automation for the grid”. ABB’s leading offering to industry and transport & infrastructure—“power & automation for the site”—will be provided by three divisions. The new Electrification Products division will combine ABB’s leading low- and medium-voltage businesses. The Discrete Automation and Motion and Process Automation divisions will be further aligned, better addressing customer needs and delivering operational efficiency.

    A strategic portfolio review of the Power Grids division was initiated and is well on track to be completed in 2016.

    Organic growth remains the key focus of ABB’s efforts to accelerate sustainable value creation and is driven through the framework of penetration, innovation and expansion (PIE).

    In the third quarter of 2015, ABB continued to drive growth through increased market penetration in targeted geographic and industry segments. For example, ABB supported India’s power infrastructure development by providing plant electrification, automation and substation solutions for solar power plants. The company has delivered several projects in India to become the first company in the country to deliver solar inverter solutions with a cumulative capacity of two gigawatts, or half of the overall installed base of four gigawatts in India.

    Innovation continued to be a focus for growth and the company introduced several new offerings, including the innovative and successful collaboration with Dutch weather forecasting specialist, Meteo Group, to equip 140 container vessels with advisory software to optimize routes helping them to drive vessel efficiency and avoid conditions that could be harmful to the ship and its cargo or compromise energy efficiency and route schedules. ABB also commissioned the world’s first high- and medium-voltage switchgear installation for Swiss utility EWZ with a new eco-efficient gas that significantly lowers the environmental impact by offering an alternative gas mixture to the conventional sulfur hexafluoride. The global warming potential (GWP) of the new gas mixture of this solution is almost 100 percent lower than the GWP of sulfur hexafluoride.

    Expansion into new high-growth markets is another driver of profitable growth. ABB and Microsoft Corp. announced the worldwide availability of a new electric vehicle (EV) fast-charging services platform. Combining ABB’s leading EV charging stations with Microsoft’s Azure cloud-based services will ensure stability, global scalability and advanced management features for ABB customers. The collaboration will also take advantage of machine learning and predictive analytic capabilities to drive future innovations. In addition, the company expanded its Asian manufacturing footprint in the quarter with a new switchgear unit in Indonesia. The medium-voltage air-insulated switchgear (AIS) will facilitate efficient and reliable power distribution and help address the increasing demand for electricity, which is driven by population growth, the need to power up many more islands and a growing industrial sector in the country.

    Relentless execution
    In Stage 2 of the Next Level strategy, ABB aims to close the gap in its operating performance compared with its best-in-class peers. The goal is to further transform toward a leading operating model with business processes more focused on customer needs, and an enhanced performance management system, including compensation tied more closely to performance, as well as the development of a world class people and true performance culture. This is being supported through focused 1,000-day programs to drive white-collar productivity—becoming lean for growth—and working capital management to provide cash for growth.

    ABB’s white-collar productivity program is aimed at making the company leaner, faster and more customer focused. Business functions, support functions and organizational complexity are in scope of this program. Productivity improvements include the rapid expansion of regional shared services and the streamlining of global operations and head office functions, with business units moving closer to key markets. The company aims to achieve cost savings at a run rate of $1 billion a year by the end of 2017, in addition to the ongoing program to reduce costs equivalent to 3-5 percent of cost of sales each year. The work streams are on track and the consultation process with employee representatives has started.

    With regard to the working capital program, the first priority is to step up efforts to improve inventory management through the entire value chain, from product design through manufacturing and logistics. Measures are being taken to reduce unbilled receivables in large projects. The company’s ambition is to increase the number of inventory turns in line with industry benchmarks. The program is expected to free up at least $2 billion in cash by the end of 2017.

    Business-led collaboration
    ABB continued to drive its transformation, which is aimed at improving customer focus and increasing agility to support the achievement of its 2015-2020 targets. The streamlined organization with a realigned divisional structure is ready to commence operation in January 2016. In order to drive sales productivity and collaboration across the Group, was rolled out further as a common sales platform and is now operational in 14 countries. The Group Account Management team has a focused customer approach and initial pilots show proof of success.

    Updated 2015-20 financial targets
    In September 2015, the company aligned its 2015-2020 revenue growth target with reduced macroeconomic expectations while keeping its ambition relative to the market. The average annual revenue growth rate target over the period from 2015 to 2020 is now 3-6 percent6 (previously 4-7 percent). The driving factors for this change include the expected continuation of lower oil prices, signs of slowing industrial production growth and forecasted emerging market growth below the levels projected in 2014. All other targets are confirmed.

    Management changes
    ABB announced the following changes to the Executive Committee effective January 1, 2016:
    Claudio Facchin, currently President of the Power Systems division, will assume responsibility for the new Power Grids division. Tarak Mehta, currently President of the Low Voltage Products division, will assume responsibility for the new Electrification Products division. Bernhard Jucker, currently President of the Power Products division, will assume new responsibilities as President of the Europe region and chairman of the newly-created Divisional Transformation Team. Veli-Matti Reinikkala, currently President of the Europe region, will retire after 22 years with the company.
    Shareholder returns

    ABB announced a $4 billion share buyback program in September 2014 in line with the Next Level strategy to accelerate sustainable value creation. During the third quarter of 2015, ABB purchased 4.9 million shares under the program with a buyback value of approximately $95 million. Since the program was announced, the company has purchased a total of approximately 80 million shares with a buyback value of approximately $1.8 billion.

    Macroeconomic and geopolitical developments are signaling a mixed picture with continued uncertainty. Some macroeconomic signals in the US remain positive and growth in China is expected to continue, although at a slower pace than in 2014. The market remains impacted by modest growth in Europe and geopolitical tensions in various parts of the world. Current oil prices and foreign exchange translation effects are expected to continue to influence the company’s results.

    The long-term demand outlook in ABB’s three major customer sectors—utilities, industry, and transport & infrastructure—remains positive. Key drivers are the big shift in the electricity value chain, industrial productivity improvements through the internet of things, services and people and Industry 4.0, as well as rapid urbanization and the need for energy efficiency in transport and infrastructure.

    ABB is well positioned to tap these opportunities for long-term profitable growth with its strong market presence, broad geographic and business scope, technology leadership and financial strength.
    (ABB Asea Brown Boveri Ltd)
    26.10.2015   Hong Kong International Stationery Fair to open in January    ( Company news )

    Company news Hong Kong International Stationery Fair
    Hong Kong Convention & Exhibition Centre
    11 – 14 January 2016

    Organised by Messe Frankfurt (HK) Ltd and the Hong Kong Trade Development Council (HKTDC), the Hong Kong International Stationery Fair will be held from 11 – 14 January 2016 at the Hong Kong Convention and Exhibition Centre. The fair will welcome over 230 international exhibitors from Hong Kong, the British Virgin Islands, the Chinese mainland, Indonesia, Malaysia, France, Greece and the United States. Korea, Taiwan and Thailand will stage group pavilions, showcasing innovative products and unveiling the latest market trends.

    With high recognition over the years, the Hong Kong International Stationery Fair is one of the most important marketing and sourcing platforms in the region. To enhance sourcing efficiency, five product zones are established, including “DIY Supplies”, “Gift Stationery”, “Kids & School”, “Pen & Paper” and “Smart Office”, providing an effective one-stop sourcing platform for international buyers.

    Worldwide quality exhibitors gear up for the show
    To sharpen the competitive edge, the industry has started to engage in brand development and focuses on creative and functional products. The Chinese mainland exhibitor, Foot Print Limited is the subsidiary of Dr Kong Footcare Limited, whose healthy shoes shop has been established for 16 years, they also produce patented spine pressure-free school bags, which incorporates a pressure-free concept in their design. The middle back plate of Dr Kong’s school bag is hollow, which provides pressure-free space to avoid the spine from colliding and protects the spine.

    French manufacturer for high-quality fine art supplies, CHARVIN Sarl will exhibit in Asia for the first time. The company has long specialised in producing various art supplies, ranging from oils, acrylic paints, inks and watercolours. The manufacturing process for CHARVIN oil colours is based on antique recipes from 1830 and the company produces 208 extra-fine oil colours, which offer an extensive palette with poppy oil being the principal binder of all. This gives the paste a brilliant appearance, plus a creamy texture and most importantly prevents the colours from yellowing with age.

    Another Hong Kong exhibitor, Ngai Lam Giftware Company Limited started as an OEM manufacturer. Later, they set up their own R&D department and launched their own brand “Le-Seal”. Ngai Lam has started taking ODM orders from Europe and the United States. They will display feather pen sets, which consist of a wooden pen stand, a feather pen and a refined glass ink pot.

    In view of keen competition, stationery manufacturers must instil creativity and innovation in products into a bid to stand out from the crowd. Hong Kong exhibitor, MW Trading (HK) Ltd will offer shoe-shaped pencil cases with a canvas shoe style design. Various sharp duo-colours are available for selection.

    Gold Phoenix Shanghai Corporation, from the British Virgin Islands, offers Superstar sunglasses design kits and fun tape craft kits. It helps children develop creativity by making personalised sunglasses with various stickers and drawings. While the fun tape craft kits provide colourful duct tapes to create wallets and other accessories.
    (Messe Frankfurt (HK) Ltd)
    26.10.2015   Kadant Awarded $7 Million Order for Recycled Fiber Processing Line in Europe    ( Company news )

    Company news Kadant Inc. (NYSE:KAI) announced it received an order totaling approximately $7 million from a paper producer in Southern Europe for recycled fiber processing equipment to be used in the production of packaging.

    “We are pleased to have been selected to provide this turn-key recycled fiber processing line for a major rebuild project in Southern Europe,” commented Jonathan W. Painter (photo), president and chief executive officer of Kadant. “This rebuild is significant in that it is part of a broader trend of converting a machine’s production from printing and writing grades to containerboard used for packaging. As these types of conversions make increasingly more economic sense to the paper industry, Kadant is well positioned to leverage its expertise and broad product offerings used in containerboard production.”
    (Kadant Inc.)
    26.10.2015   PAPCEL will deliver a new line for tissue paper to Saudi Arabia    ( Company news )

    Company news At the end of September 2015, the PAPCEL Group signed another contract, this time with a customer from Saudi Arabia. A new paper machine with all the accompanying technologies for production of tissue paper will be delivered to a leading industrial holding. The line will produce papers for production of napkins, paper towels, tissues and toilet paper. In addition to delivery of machinery and equipment, the contract also includes engineering services, delivery of electro installations and a turnkey machine line assembly. So far, this is the largest delivery of the PAPCEL/ABK Group to the Middle East. The customer will be supplied with modern technology machines with hydraulic headbox and “Crescent Former” technology.

    At the end of September 2015, PAPCEL exceeded the magical revenues limit of one billion Czech crowns. The company reached the highest revenues level in its history, thus exceeding all previous records. The second half of the year has been the most successful period for the company, not only in terms of newly concluded contracts, but also by opening new production premises in Italy. The company’s plan is to reach the total of 1.59 billion CZK in revenues this year.
    (Papcel a.s.)
    26.10.2015   Streamlined and diversified for greater flexibility in the media shift    ( Company news )

    Company news KBA-Digital & Web at World Publishing Expo 2015 in Hamburg

    KBA-Digital & Web Solutions was present as an autonomous company at the World Publishing Expo (WPE) newspaper trade show in Hamburg for the first time after the completion of the Group restructuring. Little has changed in the management of this web division responsible for the segment digital and offset printing, but there have been many changes to its structure, range of tasks and company philosophy. Managing director Christoph Müller, who remains a member of the Group executive board, drew attention to this during the company’s press conference on the first day.

    Photo: Since its launch in 2011 the KBA Commander CL has been the most successful press on the market in recent years with 14 presses sold

    Christoph Müller: “Higher market shares with losses within the shrinking web press business are not a long-term entrepreneurial option. KBA-Digital & Web has therefore been restructured and has adjusted its capacities. The union of offset and digital printing in the web division enhances strategic flexibility. Furthermore, spinning-off production activities reduces fluctuations in capacity. KBA-Digital & Web Solutions serves shrinking and growing markets. This permits synergy effects and the continuation of R&D for both fields, which offers our customers greater security.” With this in mind he referred to the KBA Group’s exceptionally broad product spectrum and its significantly lower dependence on the shrunken web offset market compared to competitors. The segment which has been under pressure for many years today only contributes almost 15 per cent to Group annual sales of some €1.1bn.

    Offset expertise helps with high volume digital printing
    Müller emphasised KBA’s competence in web offset and publication gravure printing built up over decades with the mastery of sensitive substrates in large web widths. KBA-Digital & Web benefits from this also in the field of digital printing with the development of the widest inkjet web presses on the global market. By way of example the managing director named the successful entry into digital decor printing with the 2.25m-wide (7.38ft) RotaJET VL series and its partnership with Hewlett Packard for the development and production of the 2.80m-wide (9.18ft) high-volume HP T1100 Simplex Color inkjet web press for the growing corrugated packaging market. This giant inkjet press is built in Würzburg and is currently being tested. It will be unveiled to an audience of print experts in early December.

    Digital and offset under one roof
    KBA-Digital & Web continues to distribute, develop, engineer, carry out project planning, assemble and install offset web presses in the mid- and high-performance classes for commercial printing (16 to 80 pages), newspaper and semi-commercial production (single, double and triple wide) and high-volume digital printing with the RotaJET 76 and RotaJET L (89 to 130cm/35-51in web width) for book, advertising and publication printers (including magazines and newspapers). This is in addition to the RotaJET VL press series (= Very Large with a web width of up to 2.25m/7.38ft) for decor printing and other industrial applications.

    There are also new business fields and partners. This includes the alliance with HP for a digital press for the corrugated packaging market. Manufacturing and assembly of web presses is carried out in Würzburg by the subsidiaries KBA-Industrial Solutions and KBA-NotaSys which have also been spun-off from the Parent. The first RotaJET VL with a web width of 1.68m (5.51ft) has been in operation at decor printer Interprint in Arnsberg, Germany, for over six months. Renowned book producer Kösel in Altusried-Krugzell, Germany, also recently fired up a RotaJET 76.

    New press market stands at around €200m p.a.
    At the beginning of the press conference longstanding KBA marketing director and company spokesman Klaus Schmidt described the situation on the newspaper market. He reported that cyclical patterns in demand with long decision-making periods which are difficult to assess do not make the situation any easier for the supply industry. The global market for offset presses (not including commercial presses, retrofits and upgrades) came to around €200m in 2014 and is unlikely to increase in 2015, whereby single-width presses in the lower performance class accounted for almost 50% of the market in 2014 and only a few high-tech presses went to industrial countries. KBA does not offer low-cost presses for threshold countries which is why its market share temporarily fell from far over 30 per cent in past years to under 10 per cent. This year KBA was again able to win most of the contracts awarded in the upper market segment with the further sales of the Commander CL launched in 2011 to Oppermann Druck- und Verlagsgesellschaft in Rodenberg and Aschendorff Druckzentrum in Münster (both Germany) as well as orders for single-wide Comet presses from China and the Middle East. Nevertheless, Schmidt made it clear that short-term observations when analysing market shares in the significantly shrunken new press business can lead to wrong conclusions. KBA has built up its reputation as technology leader over the past 15 years with numerous fundamental innovations and corresponding market success.

    Technology leader through fundamental innovations
    The user-friendly compact press design introduced in 2000 with the waterless KBA Cortina and the wet offset Commander CT in 2007, automatic plate changing and dedicated drive technology delivering benefits in terms of makeready times, print quality, operator ergonomics and economy have established themselves in high-performance web presses. KBA transferred these fundamental innovations to the Commander CL with classic H-type printing units in 2011. With 14 press lines sold it has also proven particularly successful in Europe.

    Individual automation modules, such as automatic plate changing for the Commander CL, can even be retrofitted based on the various production demands of printing houses. Since 2002 60 double- and triple-wide Cortina, Commander CT and Commander CL press lines have been ordered with a total of 256 printing towers – including ten lines with hot-air dryers. All of the press lines are already in operation, apart from the last four Commander CL orders.

    Positioning the printed newspaper more actively
    KBA’s 19 Cortina users in particular make headlines time and again with spectacular, often coated print products. Other customers also take advantage of technical facilities offered as retrofits by KBA-Digital & Web for new products and ad formats. Half-cover, Superpanorama, Zip’n’Buy, NaturalPrint on packing paper, SmartFlap, 12 page Double Gate and 12 page Letterfold are just some of many examples. In Hamburg KBA-Service unveiled panorama formats for Tabloid products as a further world first. It comes with the recommendation to use extraordinary folding variations and formats more in order to position the printed newspaper as a sustainable and versatile advertising medium optically even more actively in the media arena.

    Digital newspaper printing remains the exception
    Furthermore, at the show KBA again campaigned for newspaper houses to look more intensively at new business models associated with high-volume inkjet printing and possibly in combination with offset printing. The press manufacturer, who offers a robust and practical solution for digital newspaper printing with the RotaJET L, sees an opportunity to expand print portfolios for increased reader and customer loyalty, to reach new customer circles as well as a stronger networking of print and online media. Notwithstanding recent investments at Mengis Druck in Wallis, Switzerland, and at KP Services (Jersey) – a joint venture company of Kodak and the Guiton Group on the Channel Island of Jersey – the newspaper industry which is used to high circulations continues to predominantly invest in offset printing due to cost reasons.

    Expansion of service portfolio
    In the new press market which has stagnated at a lower level the expansion of its service portfolio has gained in importance for the press manufacturer. Christoph Müller: “The machines in the market are getting older, the demand for service is increasing. Many printing companies are reducing their own technical staff. KBA-Digital & Web has expanded its offerings for own and third-party presses (via the subsidiary PHS) and markets its after-sales services more actively than in the past. Service sales with retrofits, repairs, upgrades, relocations, consulting, training are rising continually. Long-term service and maintenance contracts are on the rise. KBA-Digital & Web and PHS also offer carefree packages with on-site personnel if needed.” A few days before the start of the trade show KBA-Digital & Web signed a big service contract with Tamedia, Switzerland, for 3 sites over 4 years.
    (KBA-Digital & Web Solutions AG & Co. KG)
    26.10.2015   SCA proudly presents Libero Touch    ( Company news )

    Company news SCA is now launching Libero Touch – our biggest innovation in diaper development since “Up&Go” 20 years ago. Libero Touch offers a new, high quality and fit that has not been seen on the market before. Premium performance diapers which are much softer, giving the child the experience of being completely surrounded by softness.

    Photo: Libero Touch is available in several sizes

    SCA’s best ever Libero diapers have now come to market after two years of intensive development work at SCA’s innovation centre in Gothenburg, Sweden. Involving hundreds of children and their parents in the development and testing of the new diaper.
    Linus Clausen, Global Brand Innovation Manager at SCA, says: “We have combined our experience as parents and diaper specialists with in-depth research, thorough testing and highly advanced product refinement to develop our new Libero Touch diapers – an utterly soft and skin-friendly innovation.”

    In-depth research and thorough testing behind the innovation
    Libero Touch is unique on the market and contains a new, very soft and ductile material that provides a better fit and movement around waist, hips and legs, preventing leakage and keeping the baby dry – for a long period of time.
    Maria Holmberg, Global Technical Innovation Manager at Libero’s innovation centre in Gothenburg, says: “During the first years of its life, a baby spends almost 24 hours a day in diapers, which means comfort and material quality are absolutely critical. All the materials and features have been carefully selected to provide total comfort and care for the baby.”
    The diaper core consists of superabsorbents which can capture and encapsulate up to 60 times their own weight. The portion of the diaper which is in contact with the baby's sensitive skin – the inner liner - is exceptionally soft and the outside is composed of a material with cotton feel that also breathes. The diaper is responsive and adapts to your child's every movement and has dual barriers to minimize the risk of leakage. This allows Libero Touch to be a pleasant, comfortable and dry experience for both children and parents.

    8 of 10 parents agree: Libero Touch is softer than the competitor
    The softness has been verified in both laboratory and consumer tests. “In a blind test Libero Touch achieved outstanding results with 8 out of 10 parents agreeing that our product was softer than the competitor’s product,” says Maria Holmberg.
    The full assortment of Libero Touch is also dermatologically tested to guarantee that it is soft and gentle to the baby’s skin. As with all Libero diapers, the Touch assortment bears the Nordic Ecolabel (the Swan), which guarantees that the products meet stringent environmental and climate criteria.

    The new diapers are available in all the Nordic countries. Other markets will follow later.
    (SCA Svenska Cellulosa Aktiebolaget)
    26.10.2015   Successful start-up of Toscotec AHEAD tissue line at AMS BR Star Paper    ( Company news )

    Company news The successful cooperation between the Italian supplier Toscotec and AMS BR Star Paper continues. A new AHEAD-2.0S has been started up at Vila Velha de Ródão plant, in the east of Portugal. The mill already houses another Toscotec AHEAD-2.0S line started up in 2009.

    Jose Miranda, Head of Tissue of Grupo Portucel–Soporcel, comments this important result – “ The new TM2 is running at an operating speed of 1900 mpm only two weeks after the start-up date producing high quality tissue and demonstrating, one more time, Toscotec excellence and experience in delivering complex “turn-key” projects”.

    The Portuguese project for the new TM#2 included stock preparation plant for virgin pulp, AHEAD-2.0S tissue machine with Steel Yankee Dryer TT SYD-15FT, Milltech hood and air systems, electrification & control system, additional plants and complete engineering and erection activities. With a daily production of 110 tons, AMS BR Star Paper has increased its production to better satisfy the growing market’s demand and to follow the Group’s strategic option to diversify its activity in the tissue business.
    (Toscotec S.p.A.)
    26.10.2015   Sophisticated valve designs for filling and dosing processes    ( Company news )

    Company news Cleverly designed modern valves have now become an essential component of numerous filling and dosing processes. GEMÜ offers its customers a wide range of solutions for carrying out such challenging tasks.

    Various requirements are placed on the design of valves, depending on the application and the industrial sector in which they are used. The type of valve and actuator must be matched to the right body material and selected based on the required dosing accuracy, the type of media in use, the aggregate state and the quantity that will need to be dosed or filled.
    The valve that is selected varies greatly depending on the particular requirements that it must fulfil: Whether dosing liquid or powdered colouring pigments in the concrete or textile industry, dosing chemicals for use in water treatment and battery production, or dosing aromas or additives. GEMÜ also offers its customers solutions that are suitable for dosing gases, such as the GEMÜ 554 globe valve or the GEMÜ 660 diaphragm valve for filling processes, which can be used when expanding polystyrene foam or filling drinks, for example.

    For sensitive media
    In addition to resistance to the medium used and the temperatures that will be reached in the process, the switching speed is another key variable that needs to be taken into consideration. Valves in the GEMÜ iComLine® series are used primarily in processes in which having an adequate resistance to media is just as important as the dosing output.
    The GEMÜ SonicLine® flowmeter, which takes fully contactless ultrasonic measurements, is another highlight of the product range. An integrated batch control function can be set to actuate the relevant valve.
    Offering not only a broad product range but also the GEMÜ modular system means that customers can choose from a wide variety of valves and different design options. As regards the necessary process automation, GEMÜ offers the convenient option to provide its valves with the appropriate positioners and process controllers ex-works.
    (GEMÜ Gebr. Müller Apparatebau GmbH & Co. KG)
    23.10.2015   SUN Automation to Showcase Print Solutions at FEFCO Technical Seminar    ( Company news )

    Company news SUN Automation Group®, a recognised leader in the global corrugated sector, will be demonstrating the rationale of its Print Solutions concept at the CCIB in Barcelona, Spain, 28-30 October 2015 as part of the FEFCO Technical Seminar.

    SUN Automation, which celebrates its 30th anniversary this year, provides corrugated box plants worldwide with technologies that assist with increasing production quality, efficiency and profitability. With an unequalled portfolio of solutions SUN Automation is in the ideal position to guide box plants towards the most appropriate equipment for their needs, whether for conventional flexographic or the fast approaching digital arena.

    With 30 years’ experience in retrofitting innovative technologies to transform corrugated equipment, SUN Automation can match its portfolio – which includes flexographic ink systems for machinery for almost every OEM – to a box plant’s objectives and, crucially, their budget to help improve quality and performance.

    Complementing this well-established expertise is the pioneering CorrStream® range of high output single pass digital printers, which represent a convergence of technology and market demand within the corrugated sector. Digital print brings added value through reduced costs and differentiation, providing another layer of capability to box makers to open up new opportunities within corrugated packaging.
    Rob Dal Lago, SUN Automation’s General Manager EMEA, explained: “SUN Automation is ideally placed to provide for, and support, our customers throughout their journey, whether it’s a quest to upgrade printers that may be a couple of decades old, or the transfer from flexographic to digital print. We believe that we are the only supplier to the corrugated sector offering this unrivalled combination of digital and analogue systems choice, expertise and customer service - encapsulated by our new Print Solutions approach.”

    Sean Moloney, Global Product Manager, CorrStream, believes that the FEFCO event provides the ideal opportunity to celebrate the significant progress made in digital printing on corrugated during the last year. Digital printers, such as the CorrStream Series 66, 40 and 20, provide box plants with unrivalled output, reduced operating costs, better efficiency and outstanding print quality – in short, bringing inkjet sophistication to mainstream applications as a real alternative to conventional flexographic methods.

    Mr. Moloney added: “Our industry has seen significant changes in the past 20 years as industrial packaging volume has given way to retail led volumes and the use of corrugated in internet sales. Brands and retailers have seen the opportunities inkjet provides not only in terms of supply chain efficiencies – lower inventories and write off costs with shorter lead times and improved cash-flow - but also enhanced print via seasonality, late stage customisation and versioning, and thus increased sales. The most innovative box plants will see single pass digital open up new markets in B2b and B2C as online supply chains become more sophisticated. We expect digital’s growing role in the evolution of the industry to be a big talking point at FEFCO this year.”

    SUN Automation will also maximise its presence on stand 018 to demonstrate the features and benefits of its highly-acclaimed MicroGrind® solution, a die-cut accuracy system that promotes increased production and improved quality, directly facilitating the step-up required by box plants to meet customer demand.
    (Sun Automation Group)
    23.10.2015   Idempapers SA announces a price increase for carbonless paper    ( Company news )

    Company news The price rise that was implemented earlier this year has unfortunately not been sufficient to cover the continuing escalation in raw material costs.

    Consequently, Idempapers SA is announcing a further price increase on carbonless products. The increase will be 8% on reels and 6% on sheets, effective for all deliveries from 1st January 2016.
    The sales team will shortly be contacting all customers to discuss this further.
    (IdemPapers S.A.)
    23.10.2015   TRESU Group provides the key to leaner flexo production with launch of Global Service Concept    ( Company news )

    Company news Flexo technology provider TRESU Group announces a new holistic care programme that enables customers worldwide to gain maximum value from complete workflows that feature TRESU ancillary equipment, printing units and processes. Under the supervision of experienced TRESU technical staff, Global Service Concept comprises round-the-clock support, on-going machine optimisation, training and testing, thereby providing a framework for driving waste out of the customer’s processes.

    Besides rapid-response 24-hour remote diagnostics, on-site services are integral to the programme. These include management of installations, maintenance and repairs, and consultation to help customers implement lean and cleaner manufacturing practices in areas such as setup time reduction, ink and substrate performance and human-machine interaction. Furthermore, TRESU’s Test and Demo Centre at its global headquarters provides a location for training programmes that give operators and staff in-depth understanding of the equipment and hands-on experience with machine components.

    Peder Larsen, global service manager, TRESU Group, comments: “In an age when service flexibility is the key to providing competitive edge, printers depend on solutions that deliver lowest total ownership cost, repeatable quality and optimisation of productivity. And with end-users demanding tighter colour tolerances and shorter production runs, problem-solving and maintenance can only be effective when taking the whole process into consideration. TRESU’s Global Service Concept, backed by a team of skilled technicians with up to 20 years’ industry experience, gives printers the reassurance of smoothly integrated systems that work to full potential throughout the product life, full control the process, and waste minimisation at every stage.”

    Highlights of TRESU Group’s ancillary product programme are the F10 iCon ink supply system that automates ink pressure and viscosity in flexo printing machines, and sealed, pressure-controlled chambered doctor blade systems enable direct, foam-free transfer of ink or coating medium to the anilox roll and fast changeover times. Also in the TRESU product line-up are bespoke flexo printing units for a range of packaging and industrial markets, and complete printing and converting lines for folding carton and flexible packaging applications.
    (Tresu A/S)
    23.10.2015   GardaMatt Smooth: The Latest Addition to the Historic GardaMatt Range    ( Company news )

    Company news Lecta continues to update its portfolio, focusing its energy on the research and development of innovative products capable of anticipating market demand.

    Following the historic GardaMatt Art from Cartiere del Garda – woodfree coated paper with an opaque surface and maximum smoothness – and the more recent GardaMatt Ultra – woodfree coated paper with a matte surface and high-bulk (1.0) –, the GardaMatt range is now enhanced with a new product: GardaMatt Smooth.

    GardaMatt Smooth is a woodfree coated paper with an exceptionally smooth surface and high whiteness, produced in a neutral environment, acid-free, and age-resistant, providing an optimal and lasting sensory experience. With the signature quality of the GardaMatt range, GardaMatt Smooth is produced with the utmost respect for the environment.

    GardaMatt Smooth comes in a wide range of weights, from 90 to 350 g/m2, designed for all types of needs. It is available FSC® or PEFC™ certified upon request.

    This innovative product was introduced at Frankfurt Book Fair (October 14th-18th), the most prestigious book fair held each year in October.
    (Lecta Group)
    23.10.2015   Model's Flap Display – winner of Best Display at the German Packaging Awards (DVI)     ( Company news )

    The display solution can accommodate three different bottle sizes and is user-friendly so bottles are easy to remove. Flaps can be flat-packed with just a few cuts then transported to the point of sale, where they can be quickly and easily assembled and stacked. The side walls benefit from additional reinforcement for increased stability. The display’s efficient use of resources and clever technical set-up won over the jury, who deemed that it would be an attractive and compact feature at POS.

    DVI certificate of excellence for mail order packs with flexible inserts
    Thanks to the ingenious mail order packs with flexible inserts no additional padding material is required for the return of repaired smartphones. The packaging is made from a single piece of cardboard. The special arrangement of cuts and stops result in a trampoline effect, which gives the material impressive flexibility and elasticity. The upper section of the packaging can hold smartphones of any size and keeps them secure during shipping. The lower section is designed to house accessories.
    (Model AG)
    23.10.2015   MailLiner - the Cost Saver    ( Company news )

    Company news The new Muller Martini MailLiner finishes inserts efficiently and automatically without the need for a carrier or foil.

    The direct mailing of printed advertising is labor-intensive because direct mail companies do not use a carrier for their leaflets and flyers. They have the insert sets sorted manually by the delivery personnel and delivered loose to mailboxes. Insert sets can be given a cover or be film-wrapped, but both options are expensive and have environmental drawbacks.

    However, Muller Martini now has an answer to that dilemma – the new MailLiner. The system, which is based on the proven FlexLiner newspaper inserting system, was developed specifically for direct marketing, and provides direct mail companies with a brilliantly simple solution for the sorting of unaddressed advertising thanks to an innovative concept that is one of a kind in the market. At the MailLiner gathering line, one of the inserts is used as a cover and folded using an air blade – a Muller Martini innovation – after all the other inserts have been applied. The gathered insert sets then enter the FlexPack.

    Since the integrated bundle builder, unlike other compensating stackers, does not compensate layers, it is ideally suited to this innovative insert gathering process in terms of flexibility and product quality. As a result, the individual inserts can have different formats, without the inset sets becoming unstable. The various bundles can also be of different sizes without sacrificing stability.

    Frey Plus, a leading German direct mail company based in Ulm, is the first company in the world to commission the MailLiner. With the company facing an estimated 15 percent increase in costs across its operations – chiefly owing to the raise in wages of distribution personnel on the basis of minimum wage legislation – it had been clear to Managing Director Markus Springer for some time that “we need to switch to a machine solution for the finishing of our leaflets, to spare our delivery personnel that work and to save costs”.
    (Müller Martini Marketing AG)
    23.10.2015   Across the Packaging Processing Industry Chain: From Upstream to Downstream     ( Company news )

    Company news 2016’s Mega 4-in-1 Expo Set for Dongguan, Guangdong

    From April 14 to April 16, 2016, four shows in one - SinoCorrugated South, SinoFoldingCarton, SinoFlexoGraphy and China Packaging Container – will combine into a single mega expo. With its higher scale effect, the combined event will cover the entire packaging processing industrial chain.

    The four collocated exhibitions will highlight the leading printing innovations used in packaging and paper packaging – a first in the converting industry. The exhibitions will focus on green packaging, intelligent packaging, digital packaging, and innovations to help Chinese packaging companies overcome bottlenecks and usher in a new era of vitality for the industry.

    Four Collocated Exhibitions: A New Phase for Industry Development
    After more than 10 years of developing and innovating its converting events, Reed Exhibitions has integrated industry resources to meet the demands of major local and international users of packaging printing. The event organizer will invite well-known enterprises and trade associations to join SinoCorrugated South, SinoFoldingCarton, SinoFlexoGraphy and China Packaging Container. In Dongguan, Guangdong, from April 14 to April 16, 2016, the newest innovations within the industry will be displayed.

    The exhibits will span 67,000 sqm and include products from over 700 locally and internationally renowned exhibitors. Additionally, 200+ packaging containers, raw material, and design service suppliers will showcase over 1,400 units of corrugated, folding carton, flexo printing, and paper packaging manufacturing equipment, as well as over 1000 kinds of consumables. An anticipated 33,000 local and international visitors, together with over 200 media and association delegates, will be onsite. The event will be a supreme opportunity for China to present itself to the global paper packaging industry, showcasing modern technology, large scale and growing influence.

    High-End Positioning Perfects Balance between Quality and Influence
    Reed Exhibitions consistently leverages modern and traditional media to promote events to developing corrugated markets across the world. Against this backdrop, in 2016, SinoCorrugated South, SinoFoldingCarton, SinoFlexoGraphy and China Packaging Container are sure to attract buyers and trade visitors in their masses.

    Reed Exhibitions continuously strives to develop international markets. In preparation for the shows, Reed will send representatives to Turkey, South Korea, India, Indonesia, Spain and many other developed and emerging corrugated regions, to further promote the shows, by attending important local meetings. They will do so by collaborating with local industry associations, as well as equipment suppliers and corrugated box factories.

    Although industry development is restricted by many factors, progressive development trends remain. China’s packaging industry continues to advance and innovate. The combined exhibitions, which will boost industry innovation, will highlight the latest information, advanced equipment and leading theories in China. All this will also serve to progress the country!
    (Reed Exhibitions (Shanghai) Co. Ltd)
    23.10.2015   DREWSEN SPEZIALPAPIERE further expands its new segment of greaseproof barrier papers    ( Company news )

    Company news The PROBARRIER greaseproof papers for the food industry have been successfully introduced in the market. DREWSEN SEPZIALPAPIERE is set to achieve a sales volume of approximately 3,000 tons within the first year. This is especially due to their exacting quality standards and a continued development of the segment which has seen the company become an established supplier for this grade to the market within a short period of time.

    Product developments include the extension of the original product portfolio that ranged from 40 – 160 g/m² to now include substances starting from 34 g/m². DREWSEN’s barrier papers, with a standard greaseproof range of KIT 7-9, 4-6, 1-3 are now also available on demand with a heat resistance up to 220 °C (in accordance to Recommendation BFR XXXVI/2). An important focus remains the development of customized solutions, which include tailored KIT values, special substances and individual colours and surfaces.
    22.10.2015   Voith launches new rubber roll covers for film and sizing presses on the market: potential savings..    ( Company news )

    Company news ... of EUR 50,000 a year

    The market launch of Voith’s UniFilm (photo) and UniSize, two rubber roll covers for film and size presses, is the start of a new product series. The wish to offer economic benefits to papermakers played an important role in the development of the Uni series. For example, the development goal for the UniFilm roll cover was to substantially extend the metering rod service life.

    Voith developed the UniFilm rubber roll cover for use in film presses, while UniSize was specially optimized for the requirements of puddle size presses. Both roll covers feature a new polymer matrix and new base layer structure that ensures maximum bonding to the roll core. Another new feature is the integration of an innovative filler system that creates the very uniform and stable surface roughness that is crucial to achieving a high-quality coating.

    The UniSize roll cover has better mechanical properties than standard roll covers and therefore offers greater resistance in the event of web breaks. The new UniFilm cover for applicator rolls impresses with its high abrasion resistance and longer metering rod service life thanks to micro-lubrication. Extensive trials and test series in European paper mills have provided proof that metering rod service life is actually extended thanks to UniFilm. Savings can be up to EUR 50,000 per year.
    (Voith Paper GmbH & Co KG)
    22.10.2015   BillerudKorsnäs launches improved coated liner products    ( Company news )

    Company news Better printing results and greater strength and stiffness are among the improvements to upgraded coated liner products from BillerudKorsnäs.

    BillerudKorsnäs recently upgraded its BillerudKorsnäs Design, Decor and Supreme coated liner products, resulting in better fibre formation, smoother surfaces and a better printing result for the liner, as well as increased strength and stiffness.

    Customers that have evaluated the new grades have all reported positive results. These include enhanced whiteness, improved print quality and the possibility to select a lower grammage due to the increased strength and stiffness.

    Smurfit Kappa Flexoline in Nybro, southern Sweden, is one of the customers that has tested the new products.
    “We’ve started to use the upgraded versions of BillerudKorsnäs Design and Decor, and we’re delighted with the results. The printability has significantly improved,” says Anders Hagblom, purchaser at Smurfit Kappa Flexoline.

    “The upgrade of our coated liners means that we are able to offer a lower grammage compared to other liners on the market while maintaining the same strength, which benefits our customers and the environment,” says Anders Karlsson, Technical Service Manager, BillerudKorsnäs.

    The improvements to the liner products have been made possible by an upgrade of paper machine 4 in Gävle in 2014. The SEK220 million investment in the machine included the installation of a new head box, breast roll shaker, smoothing press and dewatering elements.

    The coated liner products from BillerudKorsnäs are used as an outer layer in corrugated board packaging for the premium segment in which the selling function of the packaging is paramount.
    (BillerudKorsnäs Gävle)
    22.10.2015   tesla red – the innovative hot melt application head, suitable for operation with 24 V (PLC)    ( Company news )

    Company news The tesla red is a world first and revolutionises hot melt application. The electromagnetic hot melt application head replaces the electropneumatic hot melt application heads commonly found on the market to date – by simply switching the heads on existing machines. The numerous benefits of tesla red can easily be integrated in the regular production process without making any major investments.

    tesla red advantages
    -Electromagnetic hot melt application head for glue beads and dots
    -Up to 10 times longer service life, compared to electropneumatic hot melt application heads
    -Reduction of operating noise by 30 dB – compared to electropneumatic hot melt application heads – to 65 dB
    -Cost savings through elimination of the compressed-air supply
    -Suitable for use on systems with a commercially available PLC
    -Plug-in module
    -Compact design
    -Thermal insulation
    -Integrated overtemperature cut-out
    -Design acc. to DIN EN 415-10
    -IP54 design
    -Optional IP64 version available
    (Baumer hhs GmbH)


    Inox BF, a manufacturer of equipment for handling wastes and wastewater, has been active in the paper industry sector for over 32 years and has been working directly in Brazil for more than 7 years now. It has supplied new recycling line machines to the Mili S.A. paper mill.
    The new line will automate waste transport and eliminate hand work from the process.

    The Mili paper mill has good reason to entrust this new commission to Inox BF: it has had years of positive results from a previous acquisition of machines from Inox BF, in the recycling lines currently in operation.
    By turning to BF Inox once again, this project reveals the attention that Mili dedicates to the use of specialised waste management solutions.
    (Inox BF Srl)
    22.10.2015   British Wood Pulp Association and Hawkins Wright Symposium 2015    ( Company news )

    Company news The focal point of London Pulp Week will take place once more at the Royal College of Surgeons, Lincoln’s Inn Fields. The venue is a short walk from Aldwych and the Strand.

    The event will commence around 8.15am, and close with a buffet lunch around 12.30pm. The programme has yet to be finalised, but already we are delighted to be able to announce the following speakers who have kindly agreed to share their perspectives:
    -Colin Hamilton (Macquarie Securities)
    -Magnus Bjorkman (Södra)
    -Oliver Lansdell (Hawkins Wright)
    -Tugba Erdogan (Hayat Holding)
    -Clay Ellis (International Paper)
    (BWPA & Hawkins Wright))
    22.10.2015   DS Smith: Acquisition of Cukurova Group's Greek corrugated packaging business    ( Company news )

    Company news DS Smith Plc (“DS Smith”), the leading provider of recycled corrugated packaging in Europe, is pleased to announce the acquisition of the Greek corrugated packaging business of Cukurova Group.

    The business is the clear market leader in Greece with a turnover of approximately Euro80m from 3 production facilities. It has a strong focus in the FMCG sector and excellent customer relationships.

    The transaction is fully expected to deliver the stated Group medium term financial targets within 3 years.

    Simultaneously, DS Smith has entered into an agreement, subject to regulatory approvals, to sell its minority shareholding in Cukurova Group’s Turkish corrugated paper and packaging entities to the Cukurova Group. These entities previously owned the Greek business being acquired.

    Miles Roberts (photo), Chief Executive of DS Smith said:
    “We are delighted to announce the acquisition of the Greek corrugated packaging activities of the Cukurova Group. It is a high quality and stable business that we have known and partnered with for a number of years. It further strengthens and is very complementary to our recently enlarged presence in the growing region of South Eastern Europe.
    It is a further important step in our strategy to expand our geographic footprint and to support our customers. We look forward to working with our new colleagues and delivering sustainable and profitable growth in the region.”
    (DS Smith Plc)
    22.10.2015   Bobst Group, owner of 65% of Gordon Ltd since 2011 will exercise its option to purchase the ...    ( Company news )

    Company news ...remaining shares and Gary Tseng, former owner, remains Managing Director

    Bobst Group announces that it will exercise before the end of the year its option to purchase from Gary Tseng the remaining 35% of the Gordon Ltd shares, the Hong Kong based holding company of Shanghai Eternal Machinery Co. Ltd.
    Gary Tseng will remain Managing Director in charge of the operations as before. Both parties have agreed not to disclose any information concerning the conditions of the transaction.

    Philippe Milliet, Head of BOBST Business Unit Sheet-fed and Member of the Group Executive Committee, said: "We are very happy with the development of Gordon during the past 5 years. Gordon has developed new products and reinforced his market position under the strong leadership and vision of Gary Tseng. We are looking forward continuing to take advantage, under an adapted governance due to change in shareholding, of the huge experience of Gary."

    On selling the balance of his stake, Gary Tseng, commented: "I am very happy with my decision of joining Bobst”, during the cooperation with BOBST along the last 5 years, Gordon has made significant improvements in product range and market presence. There are still great development possibilities ahead of us and I will be more than happy to contribute as Managing Director as before and for the coming years. At the same time, this cleared situation will give me more time and energy to concentrate on the further development of the Eterna and Brausse products and markets."

    The BOBST and Eterna product ranges have a high degree of complementarity, and the two companies will each continue to develop technologically advanced products and services that answer the business needs of their respective customers. The brand identities, management teams, sales and service organizations of both companies will remain separate, thus ensuring continuity in the relationships between customer, BOBST and Eterna.
    (Bobst Group SA)
    21.10.2015   Workshop 'Innovative Tools to Improve Efficiency in the Paper Industry' at 3 November, 2015 ...    ( Company news )

    Company news Munich

    The REFFIBRE project (2013-2016) develops tools for the paper and board industry to provide the needed information regarding the impact of new production processes, raw material input and product innovations, as well as the influence on the recyclability of the end product. The tools enable paper makers to consider innovations affecting profitability in the value chain. Paper and board are unique products being both the end products as well as the main raw materials for the next cycle; thereby creating a circular economy. In order to ensure long term profitability, the industry needs to focus on resource efficiency and creating innovative products and value out of the streams discarded from the main production line due to resource efficiency reasons.

    This workshop aims to show the progress made from the viewpoint of tools to predict paper strength and tools to control processes and value chains, but at the same time some interesting findings of the project can be reported.
    (Papiertechnische Stiftung (PTS))

    Company news PaperlinX Limited (“PaperlinX”) advises that its German paper merchanting operation (PaperlinX Deutschland GmbH) and its immediate parent entity (Deutsche Papier Holding GmbH) commenced administration processes on 19 October 2015. A German Court approved applications made by the local Director of these entities for them to enter into ‘Debtor in Possession’ insolvency proceedings. This will result in the local Director directly managing and administering these entities under the supervision of a court appointed Trustee.

    The paper merchanting operation in Germany has been trading unprofitably. The decision to file for insolvency proceedings was taken by the local Director given that attempts to divest this division over the course of the last few months have been unsuccessful to date. The Debtor in Possession proceedings allows the business to continue to trade unrestricted whilst the local Director and Trustee continue to seek opportunities to divest the operations.

    The Visual Technology Solutions (VTS) operation in Germany (PaperlinX VTS Deutschland GmbH) remains solvent and continues to trade as normal but is now under the direct management and administration of the local German Director given the appointment to the German holding company.

    As disclosed in the 2015 Financial Report, there is a contingent liability with respect to a guarantee given on a property lease obligation in Germany. As the court has approved the commencement of Debtor in Possession proceedings and attempts to sell the business continue, the extent of any liability relating to the lease or any other potential exposures is uncertain and therefore cannot be
    reliably estimated at this stage. PaperlinX will update the market of any material developments as they occur.

    These events in Germany will have no impact on the trading operations of PaperlinX’s businesses in Australia, New Zealand and Asia.
    (PaperlinX Limited)
    21.10.2015   Voith and Truetzschler: Successful start-up of wet-laid spunlacing line for the production of ...    ( Company news )

    Company news ... flushable wipes at Hangzhou Nbond Nonwoven

    Hangzhou Nbond Nonwoven Co., Ltd., in Zhejiang province, China, successfully started up a new flushable wipes production line in April 2015. The new production line is the first one on the Chinese market to utilize the innovative wet-laid spunlacing (WLS) concept of the HydroFormer and AquaJet technology. Only three days after start-up, the operating speed of 200 m/min was reached. “We were completely satisfied by the know-how and experience of Voith and Truetzschler. Thanks to the professional ability and excellent professional dedication of their technicians, the project ran both quickly and smoothly,” said Mr. Zhang Jie, General Manager of Nbond.

    With the combined efforts of Nbond, Voith and Truetzschler, it took only five months to complete plant construction, installation and commissioning. The production line uses wet-laid technology with cellulose fiber as raw material for the production of flushable wipes and is Nbond’s 8th line. With a 3,750 mm wire width and 250 m/min design speed, Nbond produces flushable wipes within a basis weight range of 50 to 80 g/m² and will achieve an annual capacity of up to 15,000 tons. The flushable wipes will have excellent dispersibility and are 100% biodegradable.

    Voith supplied a key component, the HydroFormer. The HydroFormer concept builds on Voith’s long expertise in the pulp and paper industry. With HydroFormer technology the suspension is highly diluted, so nonwovens can be produced entirely from cellulose, a renewable raw material. In addition to the HydroFormer, Voith delivered the entire stock preparation, the approach flow system, auxiliaries and onsite service. An entire automation and control package was included as well.

    Truetzschler supplied the well-known AquaJet technology, a drum dryer and a winder. The components are based on the longstanding know-how of Truetzschler. They were adapted to the needs of the wet-laid spunlacing process.

    This resource-efficient production line will play an important role for Nbond in strengthening its market position in China and even on the global non-woven fabric market.
    (Voith Paper GmbH & Co KG)
    21.10.2015   BillerudKorsnäs decides on closing Tervasaari paper machine    ( Company news )

    Company news BillerudKorsnäs has decided on streamlining their production structure through a closure of the paper machine in Tervasaari, Finland, latest during Q3 2016. BillerudKorsnäs will thereby entirely leave the Tervasaari production site. The decision has been made after union negotiations and is based on unsatisfactory profitability levels.

    Within BillerudKorsnäs Business Area Packaging Paper, a wide range of kraft papers and packaging solutions are offered for use in food packaging, medical packaging and packaging of construction materials - to mention a few application areas. Under the business area strategy “Selective Growth”, BillerudKorsnäs is taking steps to grow within attractive segments of the packaging paper area and to streamline its production structure.

    The BillerudKorsnäs production at Tervasaari consists of one paper machine with a capacity of 100 000 t/a of machine glazed papers, MG papers. The paper machine is unintegrated to pulp production which results in an unfavorable cost position, despite the fact that the machine is among the largest of its kind.

    The decision means that the production at the machine will stop latest during Q3 2016.

    In August this year, BillerudKorsnäs started a feasibility study investigating among other things the potential of moving the Tervasaari machine to Skärblacka in Sweden. Skärblacka would offer integration to pulp production and, with the Tervasaari machine, Skärblacka would strengthen its position as one of the world's most efficient production units for white MG papers. The investigation is on-going and will be finalized during the first half of 2016.

    “The closure of production at Tervasaari is a first step in streamlining our production structure. There is right now intensive work being done in the form of feasibility studies that will lead us in our further development of our production structure. The machine in Tervasaari is one of the largest of its kind and our staff has done a great job to improve profitability through creative ideas and committed efforts but unfortunately this has not been enough due to external factors”, says Christer Simrén, COO and Executive Vice President, BillerudKorsnäs.

    The closure will lead to restructuring costs of approximately SEK 100 million. These costs will be included in the reporting for Q3 2015 under “Other units”.
    (BillerudKorsnäs AB)
    21.10.2015   Kodak Unveils New Violet Plate for Demanding Newspaper and Semi-Commercial ...    ( Company news )

    Company news ...Printing Applications at World Publishing Expo 2015

    Kodak is expanding its plate portfolio with a brand new violet offset plate which have been unveiled at WAN-IFRA World Publishing Expo 2015 in Hamburg, Germany. Compatible with market-leading violet CTP platesetters and plateline equipment, the KODAK LIBRA VP Digital Plate meets the demanding requirements of newspaper production and the quality needs of semi-commercial printing applications. At the same time, Kodak’s new LIBRA VP Digital Plate provides the flexibility for improved efficiency in either conventional plate processing or with a streamlined easy chem setup.

    Flexibility in plate processing with the potential to increase efficiency and sustainability
    Newspaper printers who process plates in the conventional way can simplify processing and reduce environmental impact by replacing their traditional developer and replenisher with a single, low-pH clean-out finisher. Using this same finisher, printers wanting to further increase efficiency and save water can choose an easy chem setup that eliminates the plate prewash and postrinse steps using a modified conventional processor or a dedicated clean-out unit.
    Kodak’s new LIBRA VP Digital Plate offers high stability and quality features, such as long run lengths and 150 lpi (60 lines/cm) AM or 180 lpi (70 lines/cm) hybrid (XM) screening capabilities. Newspaper printers can achieve run lengths of up to 350,000 impressions if the plates are processed conventionally or up to 300,000 impressions when easy chem setups are used (specifications subject to change).

    Successful pilot at a German newspaper printer
    Deister- und Weserzeitung in Hameln (Germany) is one of the very first users of the LIBRA VP plate. The company prints six daily newspapers in runs of up to 25,000 and three twice-weekly freesheets with a total circulation of 100,000, as well as various other weekly publications and contract work.
    Following successful testing, the newspaper printer – whose consumption is between 800 and 1000 plates per day – switched from a "chemistry free" plate to the new KODAK LIBRA VP Digital Plate. The plates are imaged on two KRAUSE LS JET Platesetters with plate processors attached. Deister- und Weserzeitung uses an easy chem setup and the plate processors' prewash and postrinse stations deactivated. "The new KODAK Plate meets our requirements for streamlined platemaking and high quality newspaper production in every respect. Our impression is that it gives us slightly sharper dots, which is good for print quality," commented Carsten Wilkesmann, the Management Board member responsible for the technical side. "Apart from the lower water consumption, the fact that the plate wash steps can be eliminated also makes the whole process much more straightforward and less prone to problems. The clean-out finisher in the plate processor likewise makes a vital contribution. With the previous plate, intensive processor cleaning was inevitable because plate coating residues had a tendency to settle in the plate processor and in some cases prevent it from working properly. With the new KODAK Plate there are no such problems. In our opinion, the LIBRA VP Plate is an absolutely competitive product that's geared to market requirements."

    "The LIBRA VP Digital Plate is yet another new KODAK Plate that's designed to make production processes more efficient, more profitable, and more environmentally responsible," said Brad W. Kruchten, President, Print Systems Division and Senior Vice President, Eastman Kodak Company. "What's more, this latest addition to our portfolio offers newspaper and semi-commercial printers unprecedented flexibility: they can choose the processing method which best meets their printing needs."
    (Eastman Kodak Company)
    21.10.2015   Industrial graphics finishing – Zünd offers modular solutions    ( Company news )

    Company news Zünd Systemtechnik proudly presents the latest high-performance, ultra-versatile digital cutting solutions for industrial graphics production at InPrint 2015 in Munich (Booth C41, Hall A6, November 10 - 12). In conjunction with its modular flatbed cutters, Zünd is also exhibiting automation and productivity features that can be tailored to any application and production environment.

    Caption: The new collaborative robot requires no safety cage and relieves the user of repetitive, mindless tasks.

    While industrial print service providers are continually increasing the efficiency and flexibility of their production workflows by integrating digital printing technologies, graphics finishing all too often remains a bottleneck; however, with the demand for ever shorter turn-around times, flexible, high-throughput automated digital cutting & finishing solutions are becoming an absolute necessity. This is exactly where Zünd comes into play with its lineup of high-performance digital cutting systems combined with advanced automation solutions tailored to the specific needs of the individual customer. With its à la carte automation offerings, the Swiss cutting system manufacturer can help customers automate anything from material loading to off-loading, picking, and stacking.

    At the booth in Munich, Zünd will be demonstrating ways for print service providers to increase productivity while reducing labor costs. For efficient, reliable automation of the loading process, the Zünd automatic Sheet Feeder is an ideal solution. It is perfectly suited for continually loading sheets of printed vinyl, cardstock, carton, and foamcore materials. A key element in Zünd's fully automated digital workflow is the ability to capture QR-codes to automatically retrieve the appropriate cut files. The integrated camera system captures the QR-code preprinted with the job, and Zünd Cut Center ZCC automatically opens up the correct cut file for processing. Before cutting/processing begins, ZCC also automatically determines the exact position and orientation of the job at hand and, if necessary, compensates for any distortions in print or material. Another highlight of Zünd's exhibit is the new collaborative robot. The robotic off-load device is shown in conjunction with an S3 M-800, from which it automatically picks cut pieces and stacks them at a predefined location. The robot is designed to operate autonomously in production environments in which the human operator and robotic device are working together to accomplish a task.

    Because of their modular design, Zünd high-performance digital cutters can easily be adapted to the specific requirements of industrial print service providers. This guarantees both exceptional productivity and an unbeatable ROI. Zünd cutters are equally well suited to function as stand-alone, semi-automated system or as fully integrated component of a completely automated digital production workflow. Their open architecture allows for easy integration of Zünd cutters in any existing production environment.
    What distinguishes Zünd cutters is their unique functional versatility, unmatched reliability and build quality, as well as their ease of use and compelling cost-benefit ratio. No other digital cutting solution on the market can handle such a wide range of materials with the same efficiency and ease.
    (Zünd Systemtechnik AG)
    20.10.2015   Double A to Exhibit at the 2015 Paper Middle East in Cairo, Egypt on 22 – 24 October 2015     ( Company news )

    Company news Double A is set to exhibit its range of premium quality paper at the Paper Middle East, the 7th International Exhibition for Paper, Board, Tissue, Printing and Packaging Industry. The event is taking place between 22-24 October 2015 at the Cairo International Convention and Exhibition Center (CICC).

    “Paper Middle East is a crucial platform to further improve our presence in North Africa, meet face to face with existing and potential customers and understand their needs. It is also the perfect platform to deliver our enduring commitment for growth in the region. Our team in Egypt is working hand in hand with our local partners and customers to further establish and develop our leading position in the Egyptian market. I am inviting everybody to visit our booth at the Paper Middle East and experience the superior quality of our paper”, said Mr. Thirawit Leetavorn, Double A Senior Executive Vice President.

    Double A’s superior quality is derived from its sustainable Paper Trees that are grown by over 1.5 million Thai farmers along the empty ridges that border the rice paddies. Double A Paper Trees produce unique high fiber content which gives Double A paper its high bulk, opacity and smoothness for no jam copying. Today, Double A’s quality is recognized in more than 130 countries.

    New Converting Plant to Open in Egypt
    The future of paper industry in the Middle East and Africa is very promising. It is expected that by 2020, the region will require 28 million tons of paper to fulfil its market needs. In response, Double A is seeking to cement its presence in the region through a paper converting plant in Egypt. This will help enhance its capacity to supply the market with premium quality paper. The converting plant located in Alexandria is set to open in early 2016.

    Special Promotion for Booth Visitors
    Double A is inviting its customers and trade visitors to its stand (Booth No. A1-Hall 1) and avail the special promotion which is only available during the 3-day event, get a chance to discuss the latest trends in the paper industry, future projects in the region and possible business opportunities with Double A. To schedule an appointment with the Double A Egypt Team, please contact Ms. Omayma Rashwan at
    (Double A (1991) Public Company Limited)
    20.10.2015   ACTIPOLY - Active polyvalent packaging based on environmentally friendly fibre material    ( Company news )

    Company news ACTIPOLY is a two year ERA-NET CORNET project which has recently started in May 2015. The goal of the project is the development of a
    novel fibre-based thermo-formable packaging material with barrier and antimicrobial functionalities intended to extend the shelf-life of fresh food. Focus will be also set on recyclability and compostability of the packaging material after usage.

    Photo: Kick-Off Meeting ACTIPOLY in Munich

    The innovative core element of this project is the modification of fibre-based materials to introduce thermoplasticity.
    This will be essential for the production of trays. Such modifications are expected to push paper and fibre-based materials into a novel class of products exhibiting extraordinary properties where nearly no eco-friendly solutions are yet available on the market. Further development steps will include barrier functionalities for moisture and O2 impermeability optimized for thermo-processing and also
    antimicrobial coatings, both intended to preserve the freshness and edibility of the packaging good and thus extending shelf-life. Additionally, a bio-based barrier topfilm with antimicrobial properties will be developed, which is sealable on the fibre-based tray. The total packaging concept is aimed to be recyclable and

    The main part of the project is the chemical modification of the functional groups of cellulose to create a fibre-material with thermoplastic properties. For this purpose, the hydrophilic cellulose will be partially converted to a hydrophobic material to introduce ductile properties. The degree of substitution is a central question of research in terms of the balance of hydrophilic and hydrophobic properties of the fibres to meet requirements of paper making process (hydrophilic functionality) as well as the thermo-forming process (hydrophobic functionality).

    PTS is coordinating the project in cooperation with in total eight different partners participating in this project: CELABOR, The Association West Pomerian Cluster „Green Chemistry“, MateriaNova, Pack
    -4Food VZW, Sirris, The West Pomeranian University of Technology Szczecin and Leibniz Institute for Agricultural Engineering in Potsdam. See also the project website
    (Papiertechnische Stiftung (PTS))
    20.10.2015   New Pratt Mill Starts Production    ( Company news )

    Company news Pratt Industries announced its new $260 million recycled paper mill had started production in Valparaiso, In.

    Pratt, which has now built three of the last 4 paper mills constructed in the U.S., said the new 100 percent recycled facility would supply the company’s rapidly-expanding Midwest operations. In just two years, company chairman Anthony Pratt said Pratt had invested more than $400 million in the U.S.

    “This is a great day for Pratt Industries,” he said. “This mill represents the single biggest investment we’ve ever made in the U.S.”

    Pratt said the new mill would also increase the company’s annual revenues from approximately $2.1 billion to approaching $2.5 billion.

    “This puts us in a very strong position to exceed our medium range target of $3.5 billion in sales ahead of schedule,” he said.

    Pratt said America’s low energy costs and inherent entrepreneurial spirit had given rise to a new wave of manufacturing growth, especially in the Midwest where he says industry is booming and jobs are coming back from China and elsewhere.

    “We’re riding that wave,” he said.

    The mill, located 50 miles southeast of Chicago is on the same site as Pratt’s corrugated box plant, the world’s largest. It will supply that facility as well the company’s other box-making sites throughout the region with recycled paper.

    Pratt said it would be the industry’s most efficient paper mill, employing 120 people to make 370,000 tons a year – twice the productivity of many competitor mills.

    “It is the world’s most environmentally-friendly paper mill and a showcase for the latest in 21st Century paper-making technology,” he said.

    At capacity, the mill will save some 20,000 trees and divert up to 3500 cubic yards of paper from landfills every day and annually prevent more than 700,000 gross tons of co2 emissions through landfill avoidance.

    It was also designed to use even less water, electricity and natural gas than its three sister mills in Georgia, New York and Louisiana.

    “That’s important not only for our environment but also for our customers who realize the importance of sustainable packaging,” said Pratt.”Our environmental message is clearly resonating throughout the country which is why our sales and profits continue to hit record levels.”

    He said the company would open a new $50 million corrugated box plant in Beloit, Wisconsin in just a few weeks.
    (Pratt Industries)

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