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    RSS-News News RSS-News from paper-world.com - Add to Google! Page:    <<   1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  25  26  27  28  29   >> 
     
     
    08.04.2014   EUROPAC INCREASES NET PROFIT 92%     ( Company news )

    Company news The Administration Board of EUROPAC (Paper and Paperboard in Europe, SA) has approved this morning the results for the year 2013th, in which the net profit was 27.43 million euros, 92% more than in 2012. Moreover, the company recorded an increase in turnover for the fourth consecutive year, surpassing for the first time the billion euros and placing aggregate sales in 1075.90 billion, up 10 % from 980.18 million recorded in the previous year.
    -The company reported 27.43 million euros of profit in 2013 compared to 14.29 million achieved in the previous year
    -Aggregate sales of 1,075.90 million represents an increase of 10% compared to 2012
    -There is a significant improvement potential in margins for business lines such as recycled paper and cardboard
    -The applied energy reform has significantly damaged the results of the activity in Spain

    The Administration Board of EUROPAC (Paper and Paperboard in Europe, SA) has approved this morning the results for the year 2013th, in which the net profit was 27.43 million euros, 92% more than in 2012. Moreover, the company recorded an increase in turnover for the fourth consecutive year, surpassing for the first time the billion euros and placing aggregate sales in 1075.90 billion, up 10 % from 980.18 million recorded in the previous year.
    Between the 1st of January and the 31st of December, the consolidated EBITDA registered an increase of 16 % after reaching 104.10 million compared to 90.06 million a year earlier. Meanwhile, EBIT was 54.89 million euros last year, 34% more than in the same period of 2012.
    Enrique Isidro, EUROPAC Group CEO, said that “the results of the exercise are good and have made a turnover exceeding one billion euros for the first time, despite the negative macro-economic context in Europe. Furthermore, the results have been harmed by the effects of an energy reform implemented so disastrously and pointlessly in Spain, and that will certainly affect the Spanish industrial sector negatively. However, the sustained improvement of paper during the year and the soundness of the strategy and management of the Group EUROPAC are the keys to growth in recent years.”
    According to the manager, “the efforts made in recent years in improving the productivity of our facilities and the competitiveness of our products and services allow you to see the true potential of EUROPAC Group in the context of a normalised market where margins of business lines as cardboard and recycled paper are placed in their historical levels .”

    BUSINESS PERFORMANCE IN 2013
    WASTE MANAGEMENT
    Aggregate sales of the waste management business line increased by 14.5 %, in line with the increase in processed tons of recovered paper, which in 2013 reached 292,969. Thus, the strategic objective of further increasing the level of integration of the group continued growing during the last year, to cover 37% of the group recovered paper needs compared to 33% in 2012.

    PAPER
    Improving factory productivity of Viana do Castelo has resulted in increased production of kraftliner paper, 10 % over the previous year, which has allowed the facility to beat his record of annual production to a total of 363,947 tons. This increase in production with good product market conditions has meant an increase in aggregate sales of 17.5%.
    As for recycled paper, the price increase which was applied from last 1st of August, together with the stability of raw material prices in recent months, has allowed to recover progressively the margins of the business during 2013, although there is still significant improvement potential. We have to stress the positive development of the factory Rouen, with an increase in aggregate sales higher than 7%.

    ENERGY
    Regarding the energy, with production and sales levels in line with the previous year, it should be noted the negative impact it has had on the business EBITDA the applied energy reform in Spain, which was partially offset by the improvement in Portugal that responds to that increased paper production in the Viana do Castelo plant.

    CARDBOARD
    Finally, the behaviour of the cardboard business line in 2013 was characterised by the increased volume of sales in all countries in which the Group EUROPAC operates in a difficult market situation. In this context, the difficulty for transfering to the market the raw material price rises has resulted in a decrease in the results.
    From the corporate point of view, it is noteworthy the incorporation of EUROPAC Cartonnerie de Bretagne in March, making the company the fourth largest supplier of packaging in France, and the launch of the first phase of the industrial project in Morocco, whose impact on the annual accounts is not relevant at the moment.
    (Europac Papeles y Cartones de Europa S.A.)
     
    08.04.2014   Time to shine: Hahnemühle Canvas Metallic    ( Company news )

    Hahnemühle Canvas Metallic 350 gsm is a bright white fine art inkjet canvas with an extravagant metallic gleam. The novel surface will impress every observer with its elegant silver and pearlescent gloss.
    The metallic finish on this finely-structured fabric ensures an extremely lively and appealing image effect.Smaple prints Hahnemühle Canvas Metallic 970x470px The inkjet coating guarantees photographs and art reproductions with extremely high densities, large color gamut and sharp resolution.

    Canvas Metallic in detail:
    -Novel surface with an elegant silver and pearlescent gloss
    -Extremely high densities for dark colors
    -Large color gamut
    -Perfectly suited for the Hahnemühle Framing System

    “This iridescent Canvas Metallic is a great product that extends our successful Hahnemühle Digital FineArt Canvas range perfectly. For vibrant and shimmering art productions, digital art or collages as well as fine art photo prints, Canvas Metallic offers an entirely new, Hahnemuehle Canvas Metallic roll and box1amazingly shiny three-dimensional look. The sample print on Canvas Metallic shows a painting of Jesus Vilalonga which blend perfectly with the elegant silver shine. With a superbly wrapped genuine fine art print on Canvas Metallic, artists and photographers can impress with radiance in galleries, museums and collectors in the truest sense of the word.” – Andrea Sippel, Product Manager of Digital FineArt Paper for Hahnemühle GmbH.
    Available in 17″, 24″ and 44″ wide rolls – 12 meters length.
    (Hahnemühle FineArt GmbH)
    Hahnemühle FINEART

     
    08.04.2014   Statement re press speculation concerning Metso Corporation    ( Company news )

    Company news The Weir Group Plc (“Weir”) notes the recent press speculation concerning a possible transaction involving Weir and Metso Corporation (“Metso”) and the subsequent statement from Metso. Weir confirms that it has made an indicative all share merger proposal to the Board of Metso.
    The Board of Weir believes that there is a strong strategic rationale for bringing the two companies together which would offer the opportunity for significant efficiencies and synergies, creating significant value for all shareholders. Weir envisages that the merged entity would be listed on both the London and Helsinki Stock Exchanges.
    Weir will make a further announcement as appropriate in due course.
    Shareholders are advised that there can be no certainty that the merger proposal will lead to any agreement, or as to the timing or terms of any such agreement and there can be no assurance that, even if reached, any such agreement would lead to a transaction.
    Any transaction would be subject, inter alia, to Weir shareholder approval.
    (The Weir Group PLC)
     
    07.04.2014   Mimaki pulls the creative card at FESPA Digital 2014    ( Company news )

    Company news Entry-level JFX200-2513 UV inkjet flatbed and Tx500-1800DS direct sublimation printer for the textile and soft signage markets to be highlighted

    Mimaki, a leading global manufacturer of wide-format inkjet printers and cutting plotters for the sign/graphics, textile/apparel and industrial markets, announced that it will be exhibiting at FESPA Digital 2014, scheduled for 20-23 May in Munich, Germany. Mimaki will be located in Stand A1-110 at the show. The company will be presenting two printing solutions: the JFX200-2513 entry-level UV inkjet flatbed and the Tx500-1800DS direct sublimation printer for the textile and soft signage industries. FESPA Digital 2014 marks the European debut of the latter.

    “FESPA Digital 2014 is the place to be for forward-looking sign and display graphics operations,” said Mike Horsten, General Manager Marketing EMEA for Mimaki Europe, “and Mimaki is pleased to be able to bring to the show two solutions that will hopefully challenge the creative minds. Both epitomize the opportunities represented by our new tagline: Together We Create. FESPA Digital 2014 is a creative show requiring an imaginative outlook and we are ready to meet the visionary expectations of visitors to our stand at the show.”

    On Display
    An early version of the JFX200-2513 was unveiled as a prototype at Viscom Dusseldorf in November 2013 to rave reviews and will be commercially available in Europe after FESPA Digital 2014. It features:
    - A compact footprint that can easily fit into facilities of almost any size and an affordable price to match.
    - Two different ink types that support a wide range of materials and applications. This includes:
    o LH-100, a hard UV cure ink with high rub and chemical resistance with excellent color fidelity;
    o LUS-150, a low-cost UV cure ink with suppleness that extends to 150% with no cracking for materials to be applied to curved surfaces.
    - Variable dot function that assures less granular high quality prints by jetting three ink dot sizes at once.
    - White ink for brilliant images, compelling backlits, and other items printed on transparent materials. Mimaki Circulation Technology eliminates issues with white ink sedimentation that can occur in printers from other sources.

    For sign and display graphics businesses in the textile and soft signage segments, Mimaki is pleased to be showing the Tx500-1800DS direct sublimation printer at FESPA Digital 2014. “High speed meets high productivity with this innovative textile printer,” Horsten added. “It features a new Sb300 ink that is more affordable than conventional ink, as well as increased print speed for polyester fabrics.”

    Mimaki experts will also be on hand to speak with visitors about their goals and objectives, and to help them match these needs to the most appropriate Mimaki solutions so that “Together We Create” new business opportunities, improved operations, and the highest quality solutions in the marketplace.

    More details about Mimaki and its expansive product portfolio can be found at www.mimakieurope.com.
     
    07.04.2014   HIT EXPANDS MARKET SHARE IN HEAVY DUTY SINGLE STAGE GEAR UNITS    ( Company news )

    Company news Since a few years we are very successful in selling single stage blower drives. Having no dedicated single stage solution for the larger sizes, a special solution was designed starting from the standard horizontal, parallel, 2-stage “Hansen P4” housing (size G, H, J or K - with 1 gear set). What started as a one off project has turned into recurrent business since.

    HIT sees a significant market potential for similar single stage drives, also outside Europe, mainly in the mining sector (e.g. for centrifugal slurry pumps) and for applications such as blowers, compressors and refiners as well as equipment for e.g. the chemical industry and the energy sector.
    (H.I.T. Hansen Industrial Transmissions nv)
     
    07.04.2014   Sappi Europe SA to adjust uncoated woodfree prices in April    ( Company news )

    Company news Due to strong demand supply balance in uncoated fine papers and the sustained increases in the cost structure, Sappi Europe SA increases prices for all its uncoated fine paper (UWF) business in Europe and Export markets by 5%.
    This will take effect for all deliveries invoiced from 14th April 2014.
    In the coming weeks Sappi sales staff will be contacting customers to begin implementation.
    (Sappi Europe S.A.)
     
    07.04.2014   Voith: energy savings and high strength values convince paper manufacturers    ( Company news )

    Company news -The full Pluralis Line fillings now available
    -More than 1,000 Pluralis fillings sold since 2006
    -Clearly increased strength values and energy savings of up to 30% possible

    The now complete Pluralis Line fillings from Voith offer requirement-oriented refining for nearly all types of raw materials and paper characteristics. The Pluralis Line can be used not only in all Voith machines, but can also be used for many disk refiners in third-party machines. Due to the positive effects on paper quality and the energy balance, paper manufacturers worldwide have trust in the Pluralis Line.
    There are six refiner fillings in the Pluralis Line. The original two refiner fillings for short fiber pulp and long fiber pulp were supplemented by four others. Now with the Pluralis Line the right filling is available to the paper manufacturer for nearly every purpose. IF is ideal for pulp mixtures with up to 30% long fibers. The Pluralis Line also contains a refiner filling for more heavily contaminated recycled raw materials that can also process pulp with longer fibers well and a filling for 100% short fiber pulp or pulp and paper mills that work in an integrated fashion.
    Thanks to Voith’s decades of experience in the production of refiner fillings, high-quality products can be made available to paper manufacturers. More than 6,000 Pluralis refiner fillings have been used worldwide since 2006. In comparison with conventional refiner fillings, energy savings of up to 30% are possible. With many customers, it is still apparent that the strength values are noticeably increased by the use of Pluralis. Even the wet web tensile strength can be increased significant to reduce breaks in the paper machine.
    (Voith Paper GmbH & Co KG)

     
    07.04.2014   Yazoo Mills Invests $4 Million Into Manufacturing Operations    ( Company news )

    Company news Over the past 18 months, Yazoo Mills has been working diligently to make the necessary changes within their manufacturing operations to sustain their current growth trend. The company has invested over $4 million dollars into essential projects, plant infrastructure upgrades, and additional production capacity.
    A new 45,000 square foot distribution center was recently built in Hanover, PA giving Yazoo Mills a total of 195,000 square feet of manufacturing and distribution space for their product lines. With the infrastructure upgrades and remodeling, Yazoo was able to generate 20 local jobs and now employs over 100 individuals.
    A team of managers worked together to redesign and reengineer the existing production lines to improve efficiency and ergonomics throughout the company. Other projects that have since been completed are the additions of new printing capabilities, new packaging line equipment, innovative adhesive storage and distribution system, ERP systems, and upgrading to energy efficient lighting throughout the plant. The construction of an employee training center and 10 new office spaces were also incorporated in the list of remodels at Yazoo Mills.
    (Yazoo Mills Inc.)
     
    07.04.2014   Nonwoven production exceeded 2 million tonnes in 2013 in Greater Europe    ( Company news )

    Company news EDANA disclosed the preliminary European annual statistics for 2013. This release offers a comprehensive picture of the Nonwovens industry in Greater Europe. According to figures collected and compiled by the EDANA secretariat, production of nonwovens in Europe grew by around 1.9% in 2013 to reach 2,037,400 tonnes.

    Picture: Jacques Prigneaux, Market Analysis and Economic Affairs Director

    EDANA disclosed the preliminary European annual statistics for 2013. This release offers a comprehensive picture of the Nonwovens industry in Greater Europe, information which offers significant value a few days before the opening of INDEX™ 14, the world’s largest nonwovens exhibition.
    According to figures collected and compiled by the EDANA secretariat, production of nonwovens in Europe grew by around 1.9% in 2013 to reach 2,037,400 tonnes. This compares with 1,998,900 tonnes in 2012 when the annual growth was 1.5%. Despite these two low growth years, the average growth rate since 2009 has been nearly 5.2%.
    Obviously, a more in-depth analysis will be necessary to draw any definitive conclusion, as diverging trends have been observed in different European countries, and between the various production processes of nonwovens.

    Jacques Prigneaux, EDANA’s Market Analysis and Economic Affairs Director, stated “Growth in the Wetlaid nonwovens has been substantial this year, but it is actually the Hydroentanglement process that has recorded the highest apparent growth of more 5.7%. However, other bonding processes within the Drylaid technologies (thermally, chemically bonded and needled punched), and also Spunmelt nonwovens witnessed low growth rates in 2013. Airlaid production, compared to its performance of 2012, recorded a higher growth, at 3%.”
    The main end-use for nonwovens remains the hygiene market with a 32% share of deliveries, amounting to 645,700 tonnes, which has grown by 1.9% in 2013. The most significant growth areas for nonwovens in 2013 were in medical (+14.0%) and all types of filtration applications (+11.5 %), followed by all wipes together (+7.4%), in which the specific evolution of personal care wipes (+12.4%) must be underlined.
    On the contrary, major declines were noticed in interlinings, coating substrates and artificial leather markets. Additionally, several important durable sectors in terms of volumes sold, such as in construction markets or agriculture, showed limited (and sometimes negative) growth.
    Nevertheless, sales to the Automotive interiors market continued to increase (+4.1% in 2013). This trend confirms the importance of the Automotive sector for the European nonwovens industry, which will be highlighted during INDEX™ 14 (with a special workshop to be held from 1.30pm on Tuesday 8th April).
    Only EDANA members receive the full report, as part of one of their most valued membership benefits, and will soon get their complimentary copy of the report “2013 European Nonwovens Production and Deliveries”. EDANA nonwoven producers member companies will receive detailed data, in recognition of their participation.
    "Thanks to a convergence of efforts of the participating companies and of the EDANA staff in the last few years, these statistics are available earlier than ever, making these ever more relevant for planning and benchmarking purposes within member companies" said Jacques.
    (EDANA International Association Serving the Nonwovens and Related Industries)
     
    04.04.2014   Nano-paper filter can remove viruses    ( Company news )

    Company news Picture: The illustration shows the nanofibers in white and the virus in green.

    Researchers at the Division of Nanotechnology and Functional Materials, Uppsala University have developed a paper filter, which can remove virus particles with an efficiency matching that of the best industrial virus filters. The paper filter consists of 100 percent high purity cellulose nanofibers, directly derived from nature.
    The research was carried out in collaboration with virologists from the Swedish University of Agricultural Sciences/Swedish National Veterinary Institute and is published in the Advanced Healthcare Materials journal.
    Virus particles are very peculiar objects- tiny (about thousand times thinner than a human hair) yet mighty. Viruses can only replicate in living cells but once the cells become infected the viruses can turn out to be extremely pathogenic. Viruses can actively cause diseases on their own or even transform healthy cells to malignant tumors.
    ‘Viral contamination of biotechnological products is a serious challenge for production of therapeutic proteins and vaccines. Because of the small size, virus removal is a non-trivial task, and, therefore, inexpensive and robust virus removal filters are highly demanded’, says Albert Mihranyan, Associate Professor at the Division of Nanotechnology and Functional Materials, Uppsala University, who heads the study.
    Cellulose is one of the most common materials to produce various types of filters because it is inexpensive, disposable, inert and non-toxic. It is also mechanically strong, hydrophyllic, stable in a wide range of pH, and can withstand sterilization e.g. by autoclaving. Normal filter paper, used for chemistry, has too large pores to remove viruses.
    The undergraduate student Linus Wågberg, Professor Maria Strømme, and Associate Professor Albert Mihranyan at the Division of Nanotechnology and Functional Materials, Uppsala University, in collaboration with virologists Dr. Giorgi Metreveli, Eva Emmoth, and Professor Sándor Belák from the Swedish University of Agricultural Sciences (SLU)/Swedish National Veterinary Institute (SVA), report a design of a paper filter which is capable of removing virus particles with the efficiency matching that of the best industrial virus filters. The reported paper filter, which is manufactured according to the traditional paper making processes, consists of 100 percent high purity cellulose nanofibers directly derived from nature.
    The discovery is a result of a decade long research on the properties of high surface area nanocellulose materials, which eventually enabled the scientists to tailor the pore size distribution of their paper precisely in the range desirable for virus filtration.
    Previously described virus removal paper filters relied heavily on interception of viruses via electrostatic interactions, which are sensitive to pH and salt concentrations, whereas the virus removal filters made from synthetic polymers and which rely on size-exclusion are produced through tedious multistep phase-inversion processing involving hazardous solvents and rigorous pore annealing processing.

    Incidentally, it was the Swedish chemist J.J. Berzelius (1779-1848), one of the most famous alumni of Uppsala University, who was the first one to use the pure wet-laid-all-rag paper for separation of precipitates in chemical analysis. In a way, the virus removal nano-paper filter developed by the Uppsala scientists is the modern day analogue of the widely popular Swedish Filter Paper developed by Berzelius nearly two centuries ago.
    (Uppsala University)
     
    04.04.2014   Resolute Expands its Eco-conscious Align Paper Grades    ( Company news )

    Company news Grades use up to 50% less fiber as well as less energy and fewer chemicals

    Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) continues to expand its Align™ brand of environmentally responsible and budget-friendly papers by adding two more superbrite grades, Hybrid and Alternative, to the company's existing offerings of Ecopaque, Equal Offset and Resolute Max.
    "We now offer five different eco-friendly grades in multiple configurations under our Align brand," said John Lafave, Senior Vice President, Pulp and Paper Sales and Marketing. "Customers have even more choice of paper grades that reduce fiber consumption and save money without sacrificing the quality of their printed product."
    Specific grades that will be added to the Align umbrella include Hybrid Smooth, Hybrid Vellum, Hybrid Envelope, Alternative Book, Alternative Offset and Alternative Opaque produced at the company's Calhoun (Tennessee) mill, as well as Alternative Offset and Alternative Book produced at the Alma (Quebec) mill. Align's Hybrid grades are high-yield, opaque offset papers used for commercial printing such as comics, direct mail, directories, envelopes, inserts and manuals. Align's Alternative Offset papers are ideal for a variety of print applications, including book publishing, financial printing, annual reports and direct mail.
    Resolute's Calhoun mill made significant advancements in reducing its environmental footprint in 2013, which qualify certain of its products to become part of the Align family. One of the most important changes involved shifting Calhoun's energy source from coal to natural gas, considerably reducing the mill's greenhouse gas (GHG) emissions.
    Align papers are made with up to 50% less wood fiber compared to freesheet paper, and have an environmental footprint 35% to 85% smaller than the average freesheet grade - including some containing recycled content. In addition, by delivering higher opacity and bulk at a lower basis weight than traditional freesheet, Align helps reduce paper, postage and transportation costs. With Align, environmentally- and value-conscious customers can choose from a range of bright, opaque, high-bulk papers that are designed to meet their specific needs.
    The thermo-mechanical pulping process used to produce Resolute's Align family of papers applies heat and mechanical grinding to wood fibers. With this process, 90% of the wood fiber is used, and it also delivers a marked improvement in efficiency over the chemical pulping process employed to make competitive traditional freesheet from kraft pulp. In the chemical pulping process, the lignin, which is the organic 'glue' that holds the wood fibers together, is removed, and only about half of the original wood fiber is used.
    The Align brand's thermo-mechanical process keeps the lignin in the sheet, along with the cellulose and hemicellulose, which provides the mechanical pulp with higher opacity and greater bulk. The lignin's presence also allows Align papers to be produced with only half the amount of wood fiber needed to make traditional freesheet.
    (Resolute Forest Products)
     
    04.04.2014   Fortress Paper Receives Deferral on Investissement Quebec Loan    ( Company news )

    Company news "Fortress Paper" or the "Company" (TSX:FTP) announced that it has been granted a deferral on its upcoming principal payment under its $102.4 million project financing loan with Investissement Québec (the "IQ Loan") relating to its Fortress Specialty Cellulose Mill. The Company received, without penalty, a deferral of approximately $4.3 million in principal repayment which was payable in the second quarter of 2014. This principal payment deferral is in addition to the previously disclosed deferral of approximately $5.3 million in principal and interest payments which were payable during the first quarter of 2014 under the IQ Loan. The purpose of these deferrals is to provide the Company with greater financial flexibility and increased working capital.

    Chadwick Wasilenkoff, Chief Executive Officer of Fortress Paper, commented: "The recent principal payment deferral enhances the financial flexibility of Fortress Paper and is reflective of our positive ongoing partnership with Investissement Québec (IQ) during this transitory period in the dissolving pulp industry. This interim measure is greatly appreciated while we continue to work towards a more meaningful and long-term structure that would further enhance the Company's financial flexibility." Mr. Wasilenkoff further added, "We feel current market conditions in dissolving pulp are not sustainable and not reflective of the medium to long-term growth in demand. We feel the flexibility provided by IQ together with the progress we have made in stabilizing our Security Papers division should provide Fortress Paper a firm base to build towards an improved outlook for 2014. In addition, we will continue to explore and evaluate various opportunities to further enhance shareholder value in the short and medium-term."
    (Fortress Paper Ltd)
     
    04.04.2014   FOEX ACQUIRED BY AXIO AND ENTERS PARTNERSHIP DEAL WITH RISI     ( Company news )

    Helsinki, 3rd April 2014 - FOEX Indexes Ltd (FOEX) has been acquired by AXIO Data Group Ltd (AXIO) and will sit alongside RISI in AXIO’s portfolio of forest products information assets. FOEX and RISI have entered into a long-term agreement for RISI to become the exclusive re-seller of FOEX data subscription products.
    As part of AXIO, FOEX will remain an independent organization providing price indices, keeping its industry-leading FOEX brand and PIX™ trademarks while gaining access to additional resources to expand. Timo Teräs will remain Managing Director and all FOEX staff will remain, as will the PIX indices and methodology.
    AXIO CEO, Henry Elkington, said “Over the past 15 years FOEX has developed a robust methodology for price discovery in the forest products sector. We see an opportunity to leverage our ownership of both FOEX and RISI to create stronger and more extensive price discovery for the sector which will ultimately drive market efficiency and value for all stakeholders.”
    FOEX Managing Director, Timo Teräs, said, “We’ve struck a partnership that maintains our rigorous standards and adherence to methodology while gaining access to additional resources for the marketing of our subscription services from RISI. The partnership allows us to introduce additional PIX indices at a speedier time-table than alone, fulfilling an important request from the market.”
    Through AXIO’s ownership, FOEX and RISI will work together to improve price monitoring practices across the global forest products industry. FOEX will continue to manage and administer all contracts for commercial use of PIX indices, and RISI will become the exclusive re-seller of FOEX pulp and paper data subscriptions. The FOEX wood and bioenergy products data sales will be handled by FOEX. Given how widespread price information from each organization is used in the industry, FOEX and RISI commit to make no changes to existing price series before consulting market participants and then giving sufficient advance notice of any changes.
    Global Head of RISI Indices, Matt Graves said “RISI is committed to providing objective, reliable, and independent prices for the global forest products sector. We look forward to working with the team at FOEX to improve the overall service we deliver to our clients.”
    (FOEX Indexes Ltd)
     
    04.04.2014   Vacon opened branch office in Croatia     ( Company news )

    Company news Picture: Johann Goldfuss, Managing Director for Vacon's subsidiary in Austria

    The global AC drives manufacturer Vacon strengthened its foothold and ability to provide local support for its customers in the Adriatic area by opening a representative office in Zagreb, the capital of Croatia.

    "I think this was a good time for Vacon to establish an office in this region. There are many promising and expanding business sectors in Croatia such as the marine and offshore industry and many other industries where Vacon AC drives can help customers with cost and energy efficiency. In addition, Croatia's central location in the area gives us many good new growth possibilities and ability to locally support our customers," says Johann Goldfuss, Managing Director for Vacon's subsidiary in Austria.

    Vacon is currently present in the Adriatic area via distributors. Now, the company's own presence in the area will strengthen the cooperation with its partners and give the company the possibility to take a bigger role e.g. in large projects.

    "We aim to grow significantly faster than the market, and that means we will have to expand our activities to new areas and to new channels. This new office in Croatia will support this strategy and also strengthen Vacon's brand awareness in the Adriatic area," concludes Goldfuss.
    (Vacon Plc)
     
    03.04.2014   Packaging Corporation of America Announces Plans for DeRidder, Louisiana Containerboard Mill    ( Company news )

    Company news Packaging Corporation of America (NYSE: PKG) announced that it will not convert the idled No. 2 paper machine (D2) at its DeRidder, Louisiana mill to produce containerboard. Instead, PCA will convert the No. 3 newsprint machine (D3) at DeRidder to containerboard, producing lightweight linerboard and medium, and exit the newsprint business. The D3 machine will continue to produce newsprint for PCA customers through mid-September 2014 at which time it will be shut down and converted to containerboard production with an anticipated start-up by November 1, 2014.
    PCA estimated that the capital cost of converting D2 would have been approximately $160 million, and the D2 machine would have had annual containerboard capacity of 300,000 tons. The cost of converting D3 is estimated to be $115 million with annual containerboard capacity of 355,000 tons. In addition, by discontinuing newsprint production, approximately 100,000 tons of low cost, virgin fiber will become available for containerboard production, thereby reducing the amount of higher cost recycled fiber (OCC) required. The D3 conversion project is expected to produce an after-tax discounted cash flow return of 30% - 35% compared to less than a 20% return on the D2 project.
    The shutdown of the newsprint-related assets will result in non-cash charges totaling about $30 million, and from a profitability standpoint, the newsprint business has been operating at slightly below breakeven.
    Mark Kowlzan, Chief Executive Officer of PCA said, “The D3 conversion project provides us needed capacity with a much higher return than the D2 project. Without the D3 project, we estimate that our outside purchases of containerboard would be about 250,000 tons in 2015 in order to support PCA’s total containerboard demand. We will also be able to supply more containerboard to our long term export customers as we have had to withdraw some tons from this market the past several years to support our domestic demand. We regret the impact this decision may have on our newsprint customers, but we are committed to providing them a competitive product and outstanding service until the machine closure.”
    (PCA Packaging Corporation of America)
     
    03.04.2014   Norske Skog: New segment structure from first quarter 2014    ( Company news )

    Company news Norske Skog will report figures for the two operating segments "Publication Paper Europe" and "Publication Paper Australasia" from the first quarter of 2014. The change reflects the streamlining of the group, with consolidated operations now limited to Europe and Australasia.

    The two new segments will include newsprint and magazine paper activities in Europe and Australasia respectively. Please see comparative figures by quarter for 2013 below. Norske Skog will publish interim financial statements in accordance with the new segment structure for the first quarter of 2014 on Thursday 24 April.
    (Norske Skogindustrier ASA)
     
    03.04.2014   NewPage Introduces PointSil™ CCK Liner    ( Company news )

    Company news A New Addition to the PointSil Family of Release Liner Papers for Pressure Sensitive Applications

    NewPage Corporation (NewPage) announced a new addition to its PointSil™ release liner family­ with the launch of PointSil™ CCK Liner. This C1S silicone release liner base sheet is ideal for pressure sensitive applications such as laser print labels, point of sale labeling, security and safety labels, and stickers.
    "More and more silicone converters and pressure sensitive laminators are in need of high performing release liners as they continue to increase production speeds and improve their overall efficiencies. The newly engineered PointSil CCK liner answers these critical requirements," said David Diekelman, executive director, specialty papers sales and marketing for NewPage. "PointSil CCK liners work well in all silicone coating methods, and offer the consistency and lay flat characteristics required by the most demanding release liner applications."
    PointSil CCK Liner includes caliper offerings ranging from 2.1 - 5.4 mil, each optimized for caliper-controlled, silicone release liner applications. PointSil CCK Liner joins the broader portfolio of release liners from NewPage including PointSil™ Densified and UniSil™ brands.
    (NewPage Corporation)
     
    03.04.2014   ANDRITZ receives order from UPM Kymi mill, Finland, to supply new pulp drying line and to ...    ( Company news )

    Company news ... modernize fiberline 3

    International technology Group ANDRITZ has received an order from UPM to deliver a complete new pulp drying line and to upgrade the cooking and brown stock handling of fiberline 3 at the UPM Kymi pulp mill in Kouvola, Finland.

    ANDRITZ’s scope of supply comprises:
    -complete pulp drying line with screening plant, TwinWireFormer pulp machine, airborne dryer, cutter-layboy, and bale finishing systems, including mechanical erection.
    -modifications of cooking and brown stock handling, including a new multi-stage DD Washer to enhance brown stock washing in fiberline 3.

    The pulp machine will be based on ANDRITZ’s well proven TwinWireFormer technology, which is suited for processing both, Nordic hardwood and softwood, in one machine. The pulp drying line enables a high specific throughput at reliable operation, which is a main feature of the ANDRITZ TwinWireFormer concept.
    With this investment, UPM Kymi mill’s annual pulp production capacity will increase by 170,000 tons, up to 700,000 tons of bleached northern softwood and birch pulp. The investment forms a significant part of UPM’s target to reach a 10% increase in its 3.3 million ton pulp capacity over the next three years.
    (Andritz AG)
     
    03.04.2014   Valmet to supply Advantage tissue production line to Ipek Kagit Tissue Paper in Turkey    ( Company news )

    Company news Ipek Kagit Tissue Paper has chosen Valmet as supplier for their new tissue line which will be installed at the company's Manisa Plant in Turkey. The new Valmet Advantage DCT 200TS line will play a crucial role in the company's rapid growth in global tissue paper markets. The start-up is scheduled to the second half of 2015.
    The order is included in Valmet's first quarter 2014 orders received. The value of the order will not be disclosed.
    "We are convinced that Valmet has the best available technology on the market today. The new Advantage DCT line will support our vision to become a regional powerhouse, by extending our existing leadership in Kazakhstan and the Caucasus to over 20 markets in Europe, Middle East, Africa and Central Asia," says Mr. Sertaç Nisli, General Manager, Ipek Kagit Tissue Paper.
    "Ipek Kagit is an experienced tissue producer with long history in the tissue business. We have had a long and fruitful relationship since the installation of their first tissue machine in 1978. We are looking forward to continuing our cooperation, making this a successful project," explains Jan Erikson, Vice President Sales, Valmet. "The Advantage DCT200 machine is our best selling model which is proven by 34 installations worldwide. It is a safe, reliable and highly efficient technology for production of high quality tissue."

    Technical information
    The delivery will comprise of a complete tissue production line featuring Valmet stock preparation systems and an Advantage DCT 200TS tissue machine. The machine is equipped with OptiFlo headbox, Advantage ViscoNip press and Yankee cylinder with Advantage AirCap hood. Complete engineering, installation supervision, training, start-up and commissioning are also included in the delivery.
    The tissue machine will have a width of 5.6 m and a design speed of 2,200 m/min. The new line will provide high-quality facial, napkin, toilet and towel grades for consumer and commercial use. The raw material of the new line will be virgin fiber. The production line is optimized to save energy and to enhance final product quality.
    (Valmet Corporation)
     
    03.04.2014   China Paper – the original show in China since 1987    ( Company news )

    Company news INTEX Shanghai, 15-17 September, 2014

    Organised since 1987 by E.J.Krause and Adforum, China Paper is the no 1 exhibition and event for the Chinese and Asian markets. More than 7300 industry professionals from 52 countries around the world visited the last show in Shanghai back in 2012, a figure 11% higher than the year before, with the exhibition floor hosting 400 exhibitors.
    New for 2014 is the pricing system with lower prices compared to previous years and different areas in the hall priced differently. Also new for this year is the co-operation with RISI, the leading information provider for the global forest products industry. RISI will be in charge of the programme for the China Paper 2014 International Conference.
    Just like previous years, China Paper will not only feature a high quality exhibition, the visitors will also be offered a number of features like an international conference, mill visits, product and company presentations, match making seminars, all being tools needed in order to create a highest quality meeting place for the industry.
    China Paper 2014 is sold now and there are still good locations left around the hall which are allocated on a 'first come-first served' basis.

    Major focus on visitor marketing
    To ensure the most crucial component for a successful exhibition, a high number of qualitative visitors, the major part of the participation fee for China Paper is directly invested in visitor marketing. The experienced organisers of China Paper, have through the years collected extensive visitor databases and vast experience of organizing this and other international industry related events around the world.
    Most welcome to Shanghai and China Paper 2014.
    (Adforum AB)
     
    02.04.2014   Kemira strives to support growth of the paper industry in the stagnant market of Europe    ( Company news )

    Company news As transformation drives the market in Europe, Kemira continues to commit to the paper industry. The company strives to support growth in the stagnant market of Europe, by focusing especially on packaging & board and tissue.

    “Kemira sees Continental Europe as a key growth area in EMEA”, says Kenneth Nysten, SVP, Paper, EMEA. “We continue to provide and develop a leading portfolio of innovative, tailor-made technologies to fulfill the specific needs of our customers and ensure their success in the transformation of the paper industry. To support this, we are launching a campaign for the growth grades of packaging & board and tissue.”

    In the core of the campaign are Kemira’s key technologies:
    - FennoClean D for targeted microbiological control with diagnostic technology
    - FennoClean PFA for effective and corrosion safe microbe control with no biocide residuals in the final paper
    - KemFlite for efficient control of hydrophobic substances by combining novel analysis and monitoring tools with the broad deposit control product portfolio
    - FennoBond for improved strength characteristics in board and tissue production enabling lower quality raw materials and lower basis weight
    - KemForm Plus for improved formation, dewatering and enhanced ash-loading, and
    - Fennobind for superior binding strength and reduced binder demand with no negative impact on print quality.

    The ways these key technologies and well-engineered chemical phenomena benefit board and tissue makers are illustrated in web-based Board and Tissue Experiences. “Board Experience reveals an in-depth example of what Kemira has to offer through its understanding of pulp and paper industry”, says Antti Matula, Head of Marketing & Product Lines, Paper, EMEA. “It illustrates Kemira’s end-to-end expertise – how the influence of Kemira expertise and chemistry starts from the molecular and fiber level, and improves our customers’ process runnability and endproduct quality, all the way to global industry understanding.”

    Board Experience is available in www.kemira.com/boardexperience. Tissue Experience will be published in April.
    (Kemira, Paper Segment)
     
    02.04.2014   Duni - New organization with focus on growth    ( Company news )

    Company news Duni is creating a new organization based around five business areas with the aim of focusing on profitable growth. The goal is increased customer focus and market segment specialization within the new business areas.
    “Duni has created very strong positions on the traditional restaurant market in Europe over the past few decades. However, growth in this market has been low for several years,” says Thomas Gustafsson, CEO, Duni.
    “At the same time there are other segments in the European market that are growing quickly, for example fast food, cafés and take-away. In addition, there are many geographic markets outside of Europe that are experiencing annual growth in the double-digits.”

    In order to better take advantage of the growth possibilities in the above fast-growing markets, the Professional business area is now being split into three business areas:
    -Table Top, which will target traditional restaurants primarily in Europe.
    The Business Area Director Table Top is Maria Wahlgren.
    -Meal Service, which will target the growing fast food segment in Europe.
    The Business Area Director Meal Service is Linus Lemark.
    -New Markets, which will be active on fast-growing geographic markets outside of Europe.
    The Business Area Director New Markets is Patrik Söderstjerna.

    The current Consumer business area, which targets the consumer market primarily in Europe, will remain unchanged.
    The Materials and Services business area consists of all sales that do not fall under the other business areas. This business area will primarily include external sales of tissue, where Duni previously decided to phase out its hygiene sales during the first quarter of 2015. Hygiene sales represented roughly 90% of Materials and Services in 2013.
    As a consequence of the new organization, the financial statements will be affected in that income and expenses and assets and liabilities will be broken down into the new segments starting in 2014. However, Duni's consolidated numbers will not change. The financial information for 2013 will be recalculated and reported in conjunction with the interim report for Q1.

    Duni’s new organization consists of the following five business areas as of 1 January 2014:
    -Table Top - market: Traditional restaurants, primarily in Europe.
    -Meal Service - market: Fast food, cafés, take-away, primarily in Europe.
    -New Markets - market: New markets outside of Europe.
    -Consumer - market: Consumer market, primarily in Europe.
    -Materials and Services - primarily production of the tissue paper Duni uses for its own products as well as the production of hygiene products, which is being phased out.
    (Duni AB)
     
    02.04.2014   Enhanced Folding Carton Suite demonstrates Xeikon’s dedication to meet changing needs ...    ( Company news )

    Company news ... of packaging market

    New basic Xeikon configuration for digital production of folding carton extends color gamut

    Xeikon will be showcasing its enhanced Folding Carton Suite at Ipex 2014 on stand S1-E090. The digital production of folding cartons is ideal for event-driven seasonal packaging, intensive test marketing, just-in-time delivery contracts and customization of shorter runs to appeal to smaller geographic and demographic market segments. With the Folding Carton Suite, Xeikon offers a ready-to-use package, making it easy for customers to configure an efficient and cost-effective set-up for the digital production of folding cartons. It’s the ideal solution for packaging converters who need to add high quality cost-effective short runs of folding cartons to their mix of offerings as well as for commercial printers looking to enter the packaging market. The Xeikon Folding Carton Suite includes a Xeikon 3000 Series digital press, a range of recommended substrates, specific workflow and software components, toners, consumables and finishing equipment.

    “Digital printing technologies are proven to be the most effective means of meeting evolving market needs such as greater variety of products, smaller quantities and faster time-to-market. The continuous enhancements to the Folding Carton Suite demonstrate our dedication to providing the best end-to-end digital printing solutions to the market, and address the changing needs of brand owners and packaging converters,” says Filip Weymans, of Segment Labels and Packaging at Xeikon. “The Xeikon Folding Carton Suite allows them to digitally produce the same high quality packaging but for a whole range of new applications, allowing them to build new revue streams with higher profit margins.”

    He continues: “The fact that we offer a web-fed solution ensures maximum productivity and minimum waste thanks to the full rotary press technology with a variable repeat length, as well as cost effectiveness by purchasing the substrate on a roll. Its ability to offer B2 and larger format print is another advantage of the Xeikon 3000 Series presses. Specifically the Xeikon 3050 and Xeikon 3500 are tuned to the production of high quality short runs of folding cartons for a wide variety of industries.”

    Extending the color gamut
    The enhanced Folding Carton Suite now offers a basic press configuration where the print stations are equipped with orange toner, in combination with CMYK. The extended color gamut achieved with this configuration ensures the accurate production of a wider range of brand colors. Optional the orange toner can be replaced with other colors such as red, blue or green when the work of the print provider would rather require a color gamut in that area. “The new configuration with orange toner is the result of Xeikon’s listening to and answering the needs of today's brand owners and packaging converters," comments Weymans. "With orange toner, we ensure the best possible match for the broadest array of brand colors.” Also included in the Folding Carton Suite is the cloud-based Xeikon Color Control to make color management even easier.

    One-pass digital printing and digital varnishing
    An alternative press configuration includes a digital spot varnish station, equipped with Durable Clear Toner. The Durable Clear Toner applies in-line spot varnish to make the folding box scuff and scratch resistant, a standard requirement with folding carton production. Having printing and varnishing done one-pass, on one press, saves time and space in the plant, and also eliminates the need for additional investments in separatevarnishing stations. Weymans adds: “Durable Clear Toner supports greater diversification with one compact solution for inline production of unique cartons with the possibility for each one to be different. It is the perfect solution for small to medium-sized folding carton printers that are mostly serving local markets.”

    In addition, Xeikon QA-I toners which are used for all label and packaging applications, score well in terms of lightfastness and comply with FDA guidelines for indirect food contact and direct contact with dry food substances that contain no surface oil or fat.

    Stand-out technologies
    The Folding Carton Suite also features a unique fuser drum to enable the production of smooth and consistent print on uneven and textured media, especially recycled board stock ranging from GC board to GC, GT and GZ grades. The Alpine 516 fuser drum has a flexible outer layer as opposed to a standard hard drum surface which can result in an uneven gloss level on textured materials. It is offered as an option for the two 516 mm wide printing presses in the Xeikon 3000 Series, the entry level Xeikon 3050 and high speed Xeikon 3500, and existing installations can be field upgraded to benefit from this exclusive Xeikon capability.

    In order to increase the lifecycle of parts a simple-to-activate web cleaning system has now also been included in the Folding Carton Suite, lowering the overall cost of production.
    (Xeikon Manufacturing NV)
     
    02.04.2014   Xeikon Secures First Trillium™ Order    ( Company news )

    Company news TagG Informatique strongly believes in the exceptional business benefits of Xeikon's liquid toner technology, thrilled with field test opportunity

    Xeikon, an innovator in digital printing technology, today announces that TagG Informatique, a Xeikon customer for about 15 years, will be the first printer worldwide to install Xeikon's new digital printing press using its breakthrough high quality Trillium liquid toner printing technology. The French company has been in business for more than two decades and produces direct mail, promotional material, financial and other documents for large corporate clients. The company has a diverse production platform with specialized equipment dedicated to producing various applications, making it the ideal field test site for Xeikon's Trillium-based press.

    “I had the pleasure of seeing Trillium first-hand last year during Xeikon’s customer engagement process, and I was really impressed with what I saw!” says Hervé Lesseur, Managing Director of TagG Informatique. “I'm convinced that Xeikon Trillium will be a game-changer for the printing market, so I signed up right away for early installation of the new press. I am thrilled to be selected as the first printer worldwide to work with the new technology. Trillium is the perfect combination of cost, speed and high quality. In addition, I have the freedom to use paper substrates of choice, and will be able to produce the highest quality output my clients require. The ability to support IPDS data, which is highly important to print high quality transactional work, is another important benefit. I am looking forward to introducing my client base to the exciting new capabilities enabled by Trillium and leveraging this new press for added business growth.”

    Wim Maes, CEO of Xeikon adds, “We are extremely pleased to be working with TagG Informatique on the first Trillium field test. This innovative customer, who wants to leverage this breakthrough technology to compete even more effectively on quality, has the right mix of applications as well as extensive experience in digital printing. This fits perfectly in our strategy for Trillium and will ensure a well-rounded field test. We are looking forward to getting their valuable feedback about press performance to help us improve the technology even more as we prepare it for commercial availability.”

    Trillium: a digital printing technology breakthrough
    Xeikon Trillium is a breakthrough liquid toner printing technology which was unveiled at drupa 2012. The 4-color press prints at a speed of 60 meters (200 feet) per minute at 1200 dpi, with a print width of 500 mm (19.7 inches). Lab tests have already demonstrated the ability to increase throughput to a speed of 120 meters (400 feet) per minute in the future. Its combination of cost-effectiveness, high quality and speed adds a new dimension to the world of digital printing that has not previously existed in the marketplace. Trillium-based presses are specifically designed for high quality production of high volume direct marketing materials, transactional documents, books, catalogs and magazines.

    For more information about Xeikon Trillium, download a free, informative white paper that includes a detailed description of the technology as well as where it fits in the market as compared to other printing technologies:
    www.xeikon.com/sites/default/files/files/Xeikon-Trillium-A-Printing-Technology-Breakthrough.PDF.
     
    02.04.2014   Papierfabrik August Koehler SE: Voith is rebuilding press and dryer section     ( Company news )

    Company news Paper manufacturer Papierfabrik August Koehler SE in Oberkirch, Germany, has chosen Voith to rebuild the press and dryer section of its PM 5. With the rebuild to ropeless threading in the pre- and after-dryer section, safety for the operators is decisively improved and shorter threading times are also achieved. The efficiency of the paper machine is thus increased.
    Another aim of the rebuild is to increase runability through stabilizing the paper web in the dryer section. A stable, wrinkle-free web run without bothersome web fluttering is ensured due to a concept proven many times. TransferFoil, VentiStabilizers and S-Stabilizers are used for supported web run and ProRelease+ boxes are used for stable web release from the drying cylinder. The web stabilization achieved by this leads to a demonstrable reduction in edge cracks in the paper web and thus to fewer breaks. This smooths the way for higher operating speeds with a good degree of machine efficiency.
    The ProRelease+ boxes are characterized by the contactless and at the same time energy-saving MultiSeal sealing system in the high vacuum zone. Another decisive advantage is that, due to their design, no cleaning devices are needed either on the ProRelease+ box or on the stabilization roll. Shutdowns for cleaning are therefore not required.
    During the rebuild, partially corroded machine frame parts in the press section were replaced with new stainless steel parts. The basis for assessing the press frame was a corrosion audit carried out by Voith which evaluated and established either continued use or replacement of components. The rebuild of the PM 5 is thus a further step toward a modern, efficient and safe paper machine and is the basis for future production increases.
    (Voith Paper GmbH & Co KG)
     
    02.04.2014   Bobst Group achieves a significant improvement of its results    ( Company news )

    Company news Bobst Group, the Swiss-based worldwide leading supplier of equipment and services to the packaging industry, achieved consolidated sales of CHF 1.354 billion in 2013, an increase of CHF 90 million or +7.1% compared to 2012. The operating result (EBIT) reached CHF 60.3 million compared to an operating result of CHF 19.0 million in the previous year. The net result reached CHF 27.7 million compared to CHF -5.0 million in 2012. The significant improvements were achieved due to a strong growth in sales, a favorable product mix and due to the successful implementation of the Group transformation program. The strong operating results (EBIT) together with a notable reduction in net working capital, resulted in a significant cash inflow from operating activities of CHF 83.2 million. This enabled the Group to reduce net debt from CHF 190.4 million in 2012 to CHF 109.0 million in 2013 and the cash position increased by CHF 11.8 million to CHF 317.2 million. For the first time since 2008, the Board of Directors will propose the payment of a dividend of CHF 0.75 per share to the Annual General Meeting of Shareholders. The Board of Directors will also propose to reduce the share capital of the company by CHF 1’291’524.- by way of cancellation of the corresponding number of registered shares, namely the treasury shares held by the company.

    Order Entries and Backlog
    2013 started with an improved backlog of orders compared to the beginning of 2012. Order entries showed an increase for the first seven months of the year, slowed down from August to October 2013 and increased again at year end.

    Sales
    Consolidated sales for full-year 2013 amounted to CHF 1.354 billion, an increase of CHF 90 million or +7.1% compared to 2012. Sales in the second half of 2013 reached CHF 791 million compared with CHF 563 million in the first six months of the year, and to CHF 731 million in the second semester 2012. All three Business Units and all geographical regions of the world had a positive contribution to the sales growth. Sales of Sheet-fed products increased by 7.6% compared to the previous year. Products for the folding carton industry as well as products for the corrugated equipment industry contributed to this improvement leading to a turnover of CHF 639 million for the year. Sales of Web-fed products increased by 8.9% and achieved CHF 336 million for the year 2013. This excellent result is very close to the all-time-high achieved in 2008, although exchange rates were more favorable in 2008. Sales of Services and spare parts increased by 5.7% to now CHF 377 million, demonstrating the successful implementation of the Group’s service strategy.

    Results
    The significant improvements of both operating result and net result were achieved due to a strong growth in sales, a favorable product mix and due to the successful implementation of the Group transformation program.
    Without transformation costs and the influence of one-time events, the underlying operating result (EBIT) increased from CHF 8.3 million in 2012 to an underlying operating result (EBIT) of CHF 72.6 million in 2013.
    The Group’s results for the reporting year were negatively influenced by transformation costs and one-time events.
    In comparison to the above net negative impact on Net Result of CHF -9.1 million, in 2012, the net impact of one-time events was positive and amounted to CHF 10.7 million at the operating result (EBIT) level and to CHF 8.4 million at the net result level.

    Group transformation program contributed CHF 161 million to operating result (EBIT) by end 2013
    Between its launch in January 2010 and the end of 2012, the Group transformation program phase 1 generated CHF 85 million of recurring savings. The additional actions launched in November 2011 with the Group transformation phase 2 were implemented successfully and generated CHF 76 million of profitability improvements by the end of 2013, which is CHF 16 million more than the initial target of CHF 60 million.

    Solid balance sheet
    The successful business operations, as well as continued efforts to reduce net working capital, resulted in a significant cash inflow from operating activities of CHF 83.2 million. This cash has been used mainly for the repayment of the bonds which matured in July 2013 and to increase the cash position by CHF 11.8 million in the year-end balance sheet. Net debt reduced from CHF 190.4 million in 2012 to CHF 109.0 million in 2013. The consolidated shareholders’ equity for 2013 improved by CHF 97.9 million and amounts to 33.6% in relation to the total balance sheet (27.3% in 2012). The improvement is due to the positive net result of the year 2013 (CHF 26.2 million) and to a large extent due to the impact of IAS 19R (CHF 73.4 million).

    Outlook and financial targets
    In 2014 the business environment will be similar to 2013, unbalanced and challenging; with consolidation likely to occur among both our customers and competitors, particularly in Europe. We expect to have opportunities to leverage our competitive advantages and we will continue to reap the profitability improvement and value creation benefits of our Group transformation. On a global level the folding carton industry is regaining strength after a long period of recession, corrugated is expected to remain strong and flexible packaging will remain stable – based on positive economic indicators worldwide.
    Regionally, Europe and South America are likely to remain fragile, North America and SEA are expected to maintain good levels of activity, while investment levels in India and AMEA will depend on local political confidence and exchange rates. China is expected to continue its good level of activity although tempered by increasing overcapacity and price wars. The investment mood remains volatile, but our markets are active and our product portfolio responds to a large extent to our customers’ demands. Some new products will be launched around mid-year 2014, keeping up the bookings momentum for the last quarter.
    The underlying 2013 results demonstrate the robustness of the Group transformation strategy and 2014 profitability level will be in line with the Group financial targets set for 2015. Profitability increase, value creation and special investments in innovations will be the top priorities this year.
    Bobst Group confirms the guidance published 12 February 2014 that it should reach sales of CHF 1.250 to 1.335 billion in 2014.
    Bobst Group also confirms the following mid- to long-term financial targets: sales of CHF 1.3–1.4 billion due to organic growth at constant exchange rates; a return on capital employed (ROCE) of 9–12%; and an operating result (EBIT) of at least 7%. The equity ratio should be around 35% (excluding the impact of IAS 19R) and the dividend payout ratio between 30–50% of consolidated profit.
    (Bobst Mex SA)
     
    02.04.2014   AVERY DENNISON APPOINTS JEROEN DIDERICH VICE PRESIDENT, GLOBAL ...    ( Company news )

    Company news ... MARKETING MATERIALS GROUP

    Picture: Avery Dennison appoints Jeroen Diderich vice president, global marketing materials group

    Avery Dennison Materials Group today announced it has appointed Jeroen Diderich vice president, global marketing. In this role, Diderich will be responsible for the business’s end user and converter marketing strategies, as well as product management across the Label and Packaging Materials and Graphics Solutions business segments.

    Jeroen has more than 10 years experience with Avery Dennison. He led the Materials Group supply chain and operations organization in Europe beginning in 2003. Most recently, Jeroen served as vice president, sales for Materials Group Europe where he led the regional sales organization to improve customer satisfaction, commercialize market-differentiating innovations and grow the business’s sales pipeline.

    Diderich received his bachelor’s degree in marketing management from Hanze University of Applied Sciences and his master’s from Erasmus University Rotterdam. He will continue to be based in Leiden, The Netherlands.
    (Avery Dennison Label and Packaging Materials Europe)
     
    01.04.2014   Asian Paper 2014 – Still the Best Place To Do Business in ASEAN    ( Company news )

    Company news Despite the recent state of emergency in Bangkok (which has fortunately been lifted and businesses are operating as normal) and the deepening political division, Asian Paper is on top of the situation.
    With over 170 confirmed exhibitors and a 10% increase in visitor pre-registration, Asian Paper 2014 is set to be the very best place to do business in the pulp and paper industry in the region this year. Buyer groups have already been confirmed, along with over 5,000 people expected to visit the show. It will be held in Bangkok from 23 to 25 April 2014.
    “As of now, we are still receiving booth confirmations from international exhibitors and sponsorships are still coming in. We are aware of the possibilities of the lower number of foreign visitors but the ASEAN market is not bothered by it. We’ve already confirmed a group of Myanmar hosted buyers and are in talks with more groups to visit the show. So worry not, the show will go on.” Said Ms. Jennifer Lee, Project Manager of the event, on behalf of UBM Asian Trade Fairs Pte Ltd, the organiser for Asian Paper.

    Industry professionals from at least 22 countries – mostly within Asia – but also many from Europe, the Americas, the Middle East and Oceania are also joining the show as new exhibitors.
    In its 12th edition, Asian Paper will have five country pavilions this year, with India and Singapore pavilions as new additions. Other pavilions include those for China, Finland, and France.
    Alongside the bustling exhibition floor, there will also be two important conferences running concurrently. These are the Senior Management Symposium (SMS) and New Applied Technology (NAT) Conference.
    SMS will address important topics aligned with the region as well as across the globe from a senior executive perspective, whereas NAT focuses on the very latest in technology available across pulp, paper, tissue and board production.

    Mr. Paul Wan, managing director of UBM Asian Trade Fairs Pte Ltd, encourages industry professionals to attend the event. He said, “The theme of this year’s event ‘Think Global, Act Asia: the Sustainable Way Forward’ will be amply covered in SMS, and to ensure that all angles are covered we are running two panel discussions so that as many voices and opinions as possible can be heard”.
    Asian Paper 2014 will run from 23 to 25 April at Queen Sirikit National Convention Centre (QSNCC) Bangkok, Thailand. SMS is from 24 to 25 April and the NAT Conference from 23 to 25 April.
    (UBM Asia Trade Fairs Pte Ltd)
     
    01.04.2014   Stora Enso shuts down coated magazine paper machine in Finland    ( Company news )

    Company news In January 2014, Stora Enso announced that it planned to permanently shut down paper machine 1 (PM 1) at Veitsiluoto Mill in Finland, due to structural weakening of magazine paper demand in Europe. Co-determination negotiations with employees at the mill have now concluded and PM 1 will be permanently shut down by the end of April 2014. The shutdown will affect 88 employees.
    PM 1 has an annual capacity of 190 000 tonnes of coated magazine paper. The shutdown will decrease Stora Enso’s coated mechanical paper capacity by about 15%, which represents about 2% of total European coated mechanical paper capacity. Stora Enso will be able to serve its NovaPress customers from Veitsiluoto Mill PM 5 and from Kabel Mill in Germany.
    Stora Enso will make every effort in co-operation with the local community to help the affected personnel find new employment opportunities, and all job openings in other Stora Enso units will be available to those affected.
    (Stora Enso Oyj)
     
    01.04.2014   Biorefinery experts gathered in Stockholm     ( Company news )

    Company news Picture: The opening speech was given by Mikael Hannus, Stora Enso (left) after Peter Axegård, Innventia (right), had opened the 5th Nordic Wood Biorefinery Conference.

    The 5th Nordic Wood Biorefinery Conference presented the latest ideas and developments in biorefinery separation and conversion processes as well as new biobased products from the wood based biorefinery: energy, chemicals and materials. These developments will shift the focus from tonnes to diversified customer solutions.

    The Nordic Wood Biorefinery Conference (NWBC) is a leading event where research and industry meet to discuss recent wood-based biorefinery developments. On 25-27 March, the fifth edition was held in Stockholm with 240 delegates representing 26 countries. Since the first event in 2008, developments within wood based biorefining have flourished and many companies around the world are now redirecting towards these new opportunities.

    “Stora Enso is going through an interesting and challenging transformation. With a higher focus on markets demands instead of tonnes, the ambition is to create a better value and solution for the customer in the new markets we are entering,” stated Mikael Hannus, Vice President Biorefinery Stora Enso, in his opening speech at Stockholm Waterfront Congress Centre.

    Mikael Hannus also pointed out that the industry has a responsibility for market input to research and innovation. The scientific input is provided by universities and institutes. This thriving collaboration between market and science is also significant for NWBC. The conference gathered expert speakers from the chemical, energy, pulp and paper industries, as well as recognised representatives from the global research community. The seminar programme comprised about 40 oral presentations and even more poster presentations.

    A new side event to NWBC was a three-day professional development course called Designing the Forest Biorefinery at Innventia. About 30 experts from across Europe, North America and around the world shared their experiences, including numerous industry case studies.

    On the 24 March, Innventia arranged a visit to the LignoBoost demonstration plant in Bäckhammar. This facility played a key role for the LignoBoost innovation. The same evening, 90 delegates attended a reception at Innventia including lab visits, i.e. lignin and hemicellulose separation equipment, the carbon fibre laboratory and the nanocellulose pilot plant.

    “During recent years, excellent results from research on lignin have led to commercialisation. Today, we can also see a great interest in new cellulose products based on speciality cellulose or nanocellulose,” says Birgit Backlund, coordinator of NWBC 2014.

    For more information, contact Birgit Backlund, birgit.backlund@innventia.com, tel. +46 768-767 226
    (Innventia AB)
     
    01.04.2014   Sappi Set to Celebrate €60m Alfeld Mill PM 2 Rebuild    ( Company news )

    Company news Ambitious project transformed Papermaking Machine PM 2 to better align with today’s market realities

    Picture: PM2 installed at Sappi Alfeld

    Sappi’s ambitious €60m transformation of Alfeld Mill’s PM 2 was concluded on schedule with the quality exceeding expectations. To celebrate the successful completion, Sappi hosted a special event of the official inauguration of PM 2 rebuild on March 27th to commemorate this amazing undertaking. More than 200 customers, partners, officials, suppliers and members of the media joined Sappi at this celebration event.

    This major project created probably the largest, most innovative and versatile papermaking machine. The state of the art inline machine is producing one-sided coated speciality papers. It involved the use of Europe's largest crane to drop in place a 135-ton MG cylinder 6.5 meters in diameter. In addition to the new MG cylinder, rebuilding PM 2 also included installation of a new head box with dilution system and pre-dryer section as a single tier arrangement.

    “The entire project was completed in an extremely short time frame,” says Dr. Stefan Karrer, Mill Director Sappi Alfeld GmbH. “We have already received very positive customer feedback on the high quality achieved, and we were excited to be unveiling the results to a larger audience at this celebratory event.”

    The program started at noon with a welcome reception, just the first aspect of a very exciting and informative afternoon that included an interactive panel discussion featuring Cherno Jobatey, the famous German TV presenter, who moderated a panel discussion on Future Industry Trends in paper making. Following informative and interactive sessions conducted throughout the afternoon, visitors were invited to see PM 2 live in production. The Event finished with an evening dinner, the perfect opportunity for all participants to network and share impressions.

    Prepared for the Future
    The new papermaking machine delivers a very smooth top-side surface, greater dimension stability and lower penetration of pigments. This improves the overall quality of the grades manufactured on PM 2, enhancing their converting capabilities. The fast and innovative MG machine for one-side-coated paper in the world, it will produce 135,000 tonnes per annum at 1,200m per minute or 72km per hour. “The PM 2 rebuild project has allowed us to establish Alfeld Mill as a Sappi Competence Center for Speciality Papers and Boards,” Dr. Karrer added.

    Rosemarie Asquino, Sales & Marketing Director, Speciality Papers Sappi Fine Paper Europe, adds, “Among the first grades to be produced by the new machine were Fusion®, Parade® Prima, Algro® Finess and Algro® Sol. We have been able to achieve remarkable print results, top dimensional stability and excellent flatness which we know will help our customers achieve high quality results. The higher capacity guarantees customers paper availability in the future.” Sappi Alfeld will continue to develop new products for the release liner, flexpack and label segment market utilising the new capabilities and capacity made available by the transformation of PM 2.
    (Sappi Alfeld GmbH)
     
    01.04.2014   Esko solutions on display at Ipex 2014 address key market trends     ( Company news )

    Company news Picture: CDI Spark 2420

    At Ipex 2014, Esko will put a spotlight on solutions that help operations address the industry’s primary challenges. Professionals from packaging, labels, printing and sign & display businesses, as well as designers and brand owners, will have the opportunity to view Esko's industry-leading solutions that are designed to help them better meet the challenges of today's dynamic and rapidly changing industry. Products on display on Esko stand S4-F310 include the Esko Software Suite, Kongsberg XP24 digital cutting table and CDI Spark 2420 with Full HD Flexo. Also subsidiary Enfocus will be present on the Esko stand to demonstrate its newest PitStop preflighting and Switch automation solution.
    “Various industry drivers and megatrends create a challenging context in which packaging service providers and printers are under constant pressure to change,” states Paul Bates, Esko's Regional Business Manager. “We are inspired by trends in the industry and focus on five key directions for packaging preproduction as we continue to innovate our products and solutions. All this is backed up by a significant amount of conversation with and feedback from both brand owners and packaging converters.”

    Workflow automation shifts gears to “lights out”

    Esko Automation Engine smart workflow tickets route designs intelligently and with as little operator intervention as possible, from design to press-ready printing plates. Workflow automation stretches beyond printing and finishing to integrate with brand design at the start and logistics at the end. With new modules such as Automation Engine Connect, prepress workflow is no longer an island of expertise, but the centerpiece that integrates external data from whatever source, internal or external, with the packaging production workflow. Esko Color Engine is embedded throughout the entire workflow to ensure accurate and consistent color reproduction from start to finish. It is linked to the PantoneLIVE™ cloud for flawless color communication. The flexo platemaking process, the last step before the printing press, becomes more automated with the CDI devices that ensure integrated plate imaging. Quality is maintained by Esko Full HD Flexo, the first and only fully digital platemaking workflow in the industry.

    Smart templates rule

    A smart design template connected to content in external databases is the basis for full end-to-end workflow automation. With Esko Dynamic Content, graphics and content are strictly separated and critical content resides securely in cloud-based asset storage. Templates retrieve content from the brand owner’s packaging management system, where changes must only be made once in order to flow through the system to ensure packaging production within the constraints of brand and legal guidelines.

    Quality comes first

    With a successful automated workflow, the focus of a prepress operator shifts entirely to quality checking. At Ipex, Esko will show for the first time an ArtPro companion, a new cross platform software application dedicated to quality checking of packaging production files. Integration of the workflow with inline visual inspection systems closes the loop with the printing process while integration with CAPE palletization and logistics software provides ample opportunity to produce environmentally friendly packaging through a reduction in supply chain waste. Finally, the unrivalled quality produced on Esko's highly popular Kongsberg digital cutting tables for packaging, display and sign applications, provides automation, increased productivity and outstanding precision.

    Interactive editing is “task driven”

    For its latest software release, Esko has focused its research and development efforts on improving the operator experience. Operators will execute their most critical tasks, quality checking and exception handling, in a much more efficient way with a task-driven GUI. Only the tools required for a task are on the operator’s desktop or mobile device. Intelligent wizards guide the operator through expert processes, with 3D and preview of finishing operations as mainstream technology. States Bates: “In the new FlexProof, profiling brand colors for a multi-channel press setup becomes child’s play. With Studio and Store Visualizer, Esko has pioneered the introduction of 3D visualization for virtual mock-ups and store-simulation in the packaging workflow.”

    Online supply chain integration

    Integrated packaging-savvy production and asset management systems dramatically improve time to market and reduce cost. They also support operations that run virtually anywhere in the world, in a home office or even on the road. WebCenter will take this a step further with new technology that dramatically simplifies the transfer of jobs from one production facility to another, handing over entire projects. Another facet is the integration with CHILI Publisher that turns WebCenter into an online editing platform for any remote stakeholder in the process. Dedicated tools for project management and supply chain collaboration will make WebCenter the preferred backbone for global and local packaging production facilities.

    "Ipex is an important platform to communicate with a highly diverse audience that is looking for future-oriented, sustainable solutions," concludes Bates. "We’re looking forward to manifold encounters with various players in the packaging supply chain, in the first place with people looking at investing in a digital press for whom Esko solutions are an enabler for color management and workflow automation. Secondly brand owners and retailers who recognize Esko Brand Management software as a market-leading solution and deploy it for supply chain integration and packaging project management. Thirdly, packaging converters who leverage our solutions for the utmost in quality and productivity, and know us as a trusted business partner that delivers substantial benefits to an ever-growing customer base. In other words, results that make everybody smile!”
    (EskoArtwork Belgium)
     
    01.04.2014   Valmet introduces industry-leading online service for spare and wear parts    ( Company news )

    Company news Valmet introduces an online spare and wear parts service for pulp, paper and energy customers. Visit eServices at eservices.valmet.com.

    The industry-leading eService application gives easy access to spare and wear parts information and a new channel to contact technical assistance or local spare part specialists. Through eServices, customers can also make inquiries about technical product data, lead times, prices and availability of products.
    Valmet currently serves over 2,000 mills and plants in 85 countries around the world, making over 150,000 parts deliveries per year. Pulp, paper and energy producers focus on retaining cost competitiveness through increasing productivity in their daily production and maintenance operations. Therefore, it is vital to have the right parts on hand at the right time, particularly for maintenance work in major shutdowns and for uninterrupted production.

    A new channel based on customer needs
    Customers have already expressed their interest in online self-service channels. "In a recent survey, almost 80% of our customers said they would welcome new, easy solutions for finding the spare parts they need and for checking their price and delivery times. Now, we are giving our customers easy online access to more than 400,000 product items," says Ismo Katila, Director of Spare Parts Services at Valmet.
    With eServices, customers can search for parts, make inquiries and get information on general availability of the products. Searches can be based on product category, a specific part ID, item description and other parameters. "For more specific information, customers will need to register with eServices. A registered customer can get information about inventory availability, product lead times, pricing and make searches based on their own unique part numbering systems," Katila points out.

    Easy access from mobile devices
    Valmet's online parts service offers a new channel for spare parts management. For example, in fault situations help is usually needed quickly - and this is what eServices provides. "eServices gives customers a new, additional online tool for spare part information and for contacting Valmet day or night, regardless of time zone or area. It can be easily used on smartphones and other mobile devices, too," summarizes Michael D. Nelson, head of Spare Parts Services for Valmet in North America.
    (Valmet Corporation)
     
    31.03.2014   Kemira Oyj: Jari Paasikivi elected as new Chairman of the Board of Directors in the AGM, ...     ( Company news )

    Company news ... EUR 0.53 dividend approved

    Picture: Jari Paasikivi

    The Annual General Meeting of Kemira Oyj approved the Board of Directors proposal of EUR 0.53 dividend per share for the financial year 2013. The Annual General Meeting elected six members (previously five) to the Board of Directors. Annual General Meeting reelected Winnie Fok, Juha Laaksonen, Jari Paasikivi and Kerttu Tuomas and elected Wolfgang Büchele and Timo Lappalainen as new members. Jari Paasikivi was elected as the Board's Chairman and Kerttu Tuomas was elected as the Vice Chairman.
    Wolfgang Büchele (b. 1959), Dr. rer. nat. will leave his position as Kemira Oyj's President and CEO as of April 30, 2014 and start as Linde AG's President and CEO as of May 20, 2014. He is currently also a member of the Supervisory Board of Merck KGaA (to be proposed as the Chairman of the Supervisory Board).
    Timo Lappalainen (b. 1962), M. Sc. (Eng) is currently working as President and CEO of Orion Oyj. He is currently also a member of the Board of ICC Finland and the Vice Chairman of the Board of Chemical Industry Federation of Finland.

    Dividend payment
    The dividend of EUR 0.53 per share will be paid to a shareholder who is registered in the company's Shareholder Register maintained by Euroclear Finland Ltd. on the dividend record date for dividend payment, March 27, 2014. The dividend will be paid out on April 3, 2014.

    Remuneration of the Chairman, the Vice Chairman and the members of the Board of Directors
    The Annual General Meeting decided that the remuneration paid to the members of the Board of Directors will be as follows: the Chairman will receive EUR 74,000 per year, the Vice Chairman and the Chairman of the Audit Committee EUR 45,000 per year and the other members EUR 36,000 per year. A fee payable for each meeting of the Board of Directors and the Board Committees will be EUR 600 for the members residing in Finland, EUR 1,200 for the members residing in rest of Europe and EUR 2,400 for the members residing outside Europe. Travel expenses are paid according to Kemira's travel policy.
    In addition, the Annual General Meeting decided that the annual fee be paid as a combination of the company's shares and cash in such a manner that 40% of the annual fee is paid with the company's shares owned by the company or, if this is not possible, shares purchased from the market, and 60% is paid in cash. The shares will be transferred to the members of the Board of Directors and, if necessary, acquired directly on behalf of the members of the Board of Directors within two weeks from the release of Kemira's Interim Report January 1 - March 31, 2014.
    The meeting fees are to be paid in cash.

    Election of the auditor
    Deloitte & Touche Oy was elected as the company's auditor with Jukka Vattulainen, APA, acting as the principal author. The Auditor's fees will be paid against an invoice approved by Kemira.
    Authorization to decide on the repurchase of the company's own shares
    The Annual General Meeting authorized the Board of Directors to decide upon repurchase of a maximum of 4,500,000 company's own shares ("Share repurchase authorization").
    Shares will be repurchased by using unrestricted equity either through a tender offer with equal terms to all shareholders at a price determined by the Board of Directors or otherwise than in proportion to the existing shareholdings of the company's shareholders in public trading on the NASDAQ OMX Helsinki Ltd (the "Helsinki Stock Exchange") at the market price quoted at the time of the repurchase.
    The price paid for the shares repurchased through a tender offer under the authorization shall be based on the market price of the company's shares in public trading. The minimum price to be paid would be the lowest market price of the share quoted in public trading during the authorization period and the maximum price the highest market price quoted during the authorization period.
    Shares shall be acquired and paid for in accordance with the Rules of the Helsinki Stock Exchange and Euroclear Finland Ltd.
    Shares may be repurchased to be used in implementing or financing mergers and acquisitions, developing the company's capital structure, improving the liquidity of the company's shares or to be used for the payment of the annual fee payable to the members of the Board of Directors or implementing the company's share-based incentive plans. In order to realize the aforementioned purposes, the shares acquired may be retained, transferred further or cancelled by the company.
    The Board of Directors will decide upon other terms related to share repurchase.
    The Share repurchase authorization is valid until the end of the next Annual General Meeting.

    Authorization to decide on share issue
    The Annual General Meeting authorized the Board of Directors to decide to issue a maximum of 15,600,000 new shares and/or transfer a maximum of 7,800,000 company's own shares held by the company ("Share issue authorization").
    The new shares may be issued and the company's own shares held by the company may be transferred either for consideration or without consideration.
    The new shares may be issued and the company's own shares held by the company may be transferred to the company's shareholders in proportion to their current shareholdings in the company, or by disapplying the shareholders' pre-emption right, through a directed share issue, if the company has a weighty financial reason to do so, such as financing or implementing mergers and acquisitions, developing the capital structure of the company, improving the liquidity of the company's shares or if this is justified for the payment of the annual fee payable to the members of the Board of Directors or implementing the company's share-based incentive plans. The directed share issue may be carried out without consideration only in connection with the implementation of the company's share-based incentive plan.
    The subscription price of new shares shall be recorded to the invested unrestricted equity reserves. The consideration payable for company's own shares shall be recorded to the invested unrestricted equity reserves.
    The Board of Directors will decide upon other terms related to the share issues.
    The Share issue authorization is valid until May 31, 2015.
    (Kemira, Paper Segment)
     
    31.03.2014   Resolute to Invest $105 Million at Calhoun Paper Mill    ( Company news )

    Company news Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) announced a $105 million upgrade to its Calhoun, Tennessee, pulp and paper mill, including the installation of a modern continuous pulp digester and other wood chip processing equipment. When completed by mid-2016, the project will contribute to significantly lower the mill's costs, increase its pulp capacity and improve the mill's versatility.
    "This investment will make a good mill even better," said Richard Garneau, president and chief executive officer. "It will improve the mill's long-term competitiveness by lowering its costs and giving it the flexibility to adjust grade production to changing market dynamics. This is a significant capital project, which reflects the company's commitment to this facility and confidence in the business environment in Tennessee."
    In addition to creating approximately 50 new jobs to join the 480 employees currently at the mill, Resolute expects the project's implementation to produce efficiencies from better wood yield and lower steam and chemical usage. It will also increase the pulp machine's production output and maximize dryer utilization for internal purposes, giving the mill the versatility to manufacture a range of products, including specialty papers such as Resolute's Align™ uncoated freesheet substitutes, and value-added grades not presently in the product offering.
    The Calhoun mill currently operates 3 machines and a pulp dryer and has a total mill capacity of approximately 609,000 metric tons of market pulp, specialty papers and newsprint. Along with Resolute's other mills in the area, it sources its fiber from the competitive and stable U.S. southeast fiber basket.
    "We received support for this project from the State of Tennessee, McMinn County, and the Tennessee Valley Authority, which has supplied power to the mill since its startup in 1954," Garneau continued. "These partners and our employees helped move the project forward quickly, and we appreciate their commitment to our Calhoun operation."
    "For more than 50 years, Resolute Forest Products has had a thriving presence in East Tennessee which can be felt far beyond the borders of our state," stated Bill Hagerty, Commissioner of the Tennessee Department of Economic and Community Development. "Tennessee's global momentum is fueled by companies that extend their brand on a worldwide scale, and with customers in nearly 100 countries, Resolute is one of those companies. I appreciate the company's decision to further expand and invest in Calhoun, and for the jobs that will be created for our citizens."
    "TVA congratulates Resolute Forest Products on its announcement that adds new investment and jobs in Calhoun," said John Bradley, Tennessee Valley Authority's senior vice president of economic development. "Growth like this happens when TVA and economic development partners like the state of Tennessee, McMinn County, and other local leaders support existing business expansion."
    The Calhoun mill has continuously produced paper products at its current site since 1954. Over this period of time, the mill has been a contributor to the community through employment, the purchase of local goods and services, the payment of state and local taxes, charitable contributions and community involvement.
    John Gentry, McMinn County Mayor, explained the role of the operation in the county: "Resolute Forest Products has been an invaluable corporate citizen of McMinn County for over five decades. The company could have chosen to place this expansion at one of their numerous locations, so it goes without saying that this $105 million capital investment makes a strong statement about the company's commitment to its Calhoun plant and the confidence it has in McMinn County's workforce."
    (Resolute Forest Products)
     
    31.03.2014   PaperWorks names Kevin Kwilinski President & CEO    ( Company news )

    Company news Effective immediately, Kevin Kwilinski has been appointed as the President and Chief Executive Officer of Philadelphia-based PaperWorks Industries, Inc..
    Previously, Mr. Kwilinski spent more than four years as President & CEO of Portola Packaging in Batavia, IL. Portola, acquired by Silgan Holdings in October, is a manufacturer of stock and custom tamper-evident plastic closures and containers for dairy, juice and other food segments. Prior to this, Mr. Kwilinski was with Graphic Packaging International where he served in numerous leadership roles, including most recently as Senior VP – Supply Chain. He also served as Director, Sales & Manufacturing for GPI’s Beverage Division, headquartered in Golden, CO. He has an extensive background in operations and engineering positions with GPI, James River, and International Paper.
    Mr. Kwilinski received a Bachelor’s degree in Physics and Mathematics from Greenville College and holds a Master’s degree in Industrial and Operations Engineering from the University of Michigan. He is a certified Six Sigma Champion.
    (PaperWorks Industries Inc.)
     
    31.03.2014   PulPaper 2014 exhibitors: Important marketing information    ( Company news )

    Company news With just over two months until the opening of PulPaper 2014 in Helsinki, the visitor marketing is in full swing. The event is heavily promoted through newsletters, online display ads, brochure distribution, promotional letters and through ads, insertions and banners in numerous industry specific trade press and digital platforms. Closer to the event ads will also be placed in European daily press and on digital screens around the Helsinki International airport. Major focus has been placed on attracting Russian visitors with dedicated sales calls, a Russian website and translated marketing material.

    The organisers place a lot of effort and resources on visitor marketing but to make sure that the customers you want to meet actually visit the event, it is hugely important that you, as an exhibitor, do as well. The Visitory Survey from the last edition of PulPaper shows that the exhibitor marketing efforts are hugely important to attract visitors.

    Here are some helpful marketing tools to help you attract your customers and promote your participation.
    • The Visitor Invitation brochure - a complete guide with all the event information there is to know for your customer. You can attach it to newsletters, e-mails, your website etc using the provided digital format or login to Fairnet before 4 April and order your amount of printed copies free of charge. The booklet is a 28 pages handy A5 format with a printed weight of 65 grams. Also available digitally in Russian.
    • The Invitation Card – a small (9x21cm) folded 6-page leaflet with the most essential facts and brief event information. Use it in the same way as above, in digital format or login to Fairnetbefore 4 April and order your amount of printed copies free of charge. For a small fee you can have your logo printed on the front of the leaflet with the text ‘Invited by’.
    • Visit the official website where you can download the PulPaper logo and event banners in different sizes to be used on your company website or in your autosignature. Link the banners and logo to pulpaperevent.com. Logotype and banners are also available on Fairnet.
    • There are also several ways of promoting your company during the days of the event. Place an ad in the official Event Guide, which is a special issue of Paperi ja Puu (contactleif.lindberg@fim.pp.fi) or choose from the many attractive promotional locations around the venue of Messukeskus, Expo and Convention Centre Helsinki. Contact us for a favourable price.
    • PulPaper 2014 official Media Partners
    Scrolling down on the front page of the official PulPaper website, you will see a complete list of the PulPaper 2014 official Media Partners, different types of media channels covering the globe and carefully selected by the organisers to promote the event. Contact them to place your ads running up to the event.
    (Adforum AB)
     
    31.03.2014   GAW know-how for Europac Duen͂as    ( Company news )

    Company news GAW technologies was awarded with the delivery of a turn key plant for the coating colour preparation and the working stations to the speed sizer for PM2 at the Europac Group plant Duen͂as, near Valladolid / Spain.
    The scope of delivery will also include the starch preparation.
    Duen͂as is one of more than 30 industrial plants in Spain, France and Portugal of the Europac Group (Papeles y Cartones de Europa, SA), an integrated operator with activities in all areas of the paper and packaging industry. It was constituted in 1995 (the historical roots date back to the late 19th century) and has been trading on the stock exchange since 1998.
    The coating colour kitchen will also include the GAW Conti-Mixer technology, which offers enormous advantages compared to conventional processes. The continuous preparation allows maximum solid content and high viscosities can be achieved easily at consistent quality. Significant energy savings are also possible, while loss of coating material is avoided during fast change of formulations.
    Europac is investing in sustainable growth and therefore GAW technologies is already designing and building all units to manage a possible future capacity increase at any time. The PM2 has a width of 2.650 mm and will produce recycled board, it is the first time that Europac will include coating at the plant in Duen͂as; the start-up is scheduled for spring 2014.
    (GAW technologies GmbH)
     
    28.03.2014   Replacement of CD profiling actuators made easy, even in single units    ( Company news )

    Company news Picture: Tasowheel Systems produces the core parts for the actuators and valves in the company’s factory in Tampere, Finland. “We invested heavily last year in a modern multi task CNC lathe, that carves the components directly from the extremely hard stainless steel bars”, says Jukka Ahlstedt, Sales Manager at Tasowheel Systems.© Tasowheel

    Tasowheel Systems, a major manufacturer of different types of CD control actuators, can now deliver replacement dilution actuators and valves for paper machines even in single units, regardless of the actuator’s original manufacturer.

    Until now paper mills have had to either renovate a worn out dilution actuator at a high cost, or to replace all actuators simultaneously and invest in a costly CD weight system replacement, if original spare parts are no longer available.

    The dilution actuators are a key quality factor in the paper production process, since they adjust how uniformly the headbox distributes the stock onto the wire in the beginning of the process. The stock consistency in machine cross direction (CD) is an important quality property, since it defines the most of the paper basis weight profile on which all other sheet variations depend.

    To reach an even weight profile, each actuator regulates a valve that adds dilution water into the stock flow according to the set points given by the CD profiling control software. For this reason the speed, accuracy and build quality of the CD control actuators are essential for the dilution profiling since the actuators are operating 24/7.

    “The reliability and condition of the profiling actuators and valves are key factors behind an undisturbed process in a paper machine”, says Jukka Ahlstedt, Sales Manager at Tasowheel Systems. “The CD control algorithms expect that the calculated new set points for each actuator are realized accurately and fast and that the response on the process is consistent. As the running speed of a paper machine can be up to 2,000 m/min, any delay in the control action that causes process upsets or broke, will cost a lot of money.”

    Precision electro mechanics

    Tasowheel has delivered more than 200,000 dilution actuators and valves during the past 30 years. But since the products have been branded Metso, Voith or ABB, surprisingly few customers know who the real manufacturer is.

    “Our products are made solely of AISI 316 stainless steel”, Ahlstedt says. “The flow surfaces of the valves are hard coated to reach long life time and to give an outstanding resistance against wear, which can change the flow curves and cause quality and runnability problems.”

    Tasowheel is a preferred partner to the leading paper machine manufacturers. But now, as old mills are shutting down rather than new ones opening up, optimizing existing processes has become more and more important for the company’s customer service.

    “And we are not only talking about paper machines that need service”, Ahlstedt says. “A lot of paper machines are converted to produce different paper grades and even whole plants are relocated. In all these cases new actuators and valves are needed. With our products it is possible to replace practically any type of dilution actuator and valve on the paper machines today, regardless of the original manufacturer.”

    Zone by zone

    One new customer for Tasowheel is Papel Aralar, a leading manufacturer of specialty paper in Spain. The mill in the northern part of the country has three paper machines and the company exports to a good 30 countries on five continents. Aralar is known for its flexibility to adapt the production according to the customers’ varying needs.

    Last year the company decided to renew the old CD actuators and valves in one of the machines. The problem was, however, that the original spare parts were not available anymore.

    ”Another possibility was to renovate the actuators and valves, but that was not really what we wanted to do”, the Technical Manager at Aralar says. “When we became aware that Tasowheel Systems could replace the actuators and valves with brand new parts even in single pieces, we decided to check out this option regarding two of the most critical units."

    The two new actuators and valves were installed and tested in one working day during a pre-planned shutdown in August 2013. According to Jukka Ahlstedt, the unit price was lower than what a renovation of the old actuators and valves would have cost.

    “As our actuator cables fit directly to the I/O control cards of existing CD actuator system, neither the quality control system (QCS) nor to the CD control system had to be altered”, Ahlstedt says.” Only some minor modifications had to be done to the existing actuator support plates to fit the new actuators with the original fastening points.”

    After having tested the new actuators under real circumstances for a couple of months, the customer ordered a change of the next 25 actuators to be made at the turn of the year.

    “Since we knew the exact specifications, we could this time do all the modifications in advance, which made the replacements a real plug-and-play operation”, Jukka Ahlstedt says. “As a result, also this far more extensive project was completed in one working day. Now we are discussing similar projects with several paper mills all over Europe.”
    (Tasowheel Systems Oy)
     
    28.03.2014   Appvion marks 60 years of making carbonless paper    ( Company news )

    Company news An extraordinary paper maintains its relevance in the digital age

    What began as a search for a better receipt paper resulted in the invention of an office productivity phenomenon that continues to be an indispensable part of the business world, even in today’s digital age.
    Sixty years ago the Appleton Coated Paper Company (today’s Appvion, Inc.) helped to introduce the first carbonless paper. It was known then, as it is today, as the NCR PAPER* brand of carbonless paper. The
    product was simply promoted as a new paper product that “eliminates carbon paper.” Some dubbed it the “no carbon required” paper. The
    first commercial sale took place on March 26, 1954.

    NCR PAPER* brand carbonless paper has been exclusively manufactured by Appvion since 1954 and has remained the number one brand of carbonless paper. The company has sold more than 14 million tons of the product since it was introduced.
    Carbonless paper revolutionized the forms industry by eliminating the mess and bother of carbon interleaves.
    Forms transactions became easier, faster and cleaner for businesses, institutions, and government and service organizations of all kinds.
    “What started as a niche product soon transformed the business forms industry,” said Andi Peeters, Appvion’s division director for carbonless and specialty papers. “Sixty years later carbonless paper continues to play a key role in communicating business information.”
    One way Appvion has helped carbonless paper maintain its relevance is by adapting it to new applications such as an array of digital and electronic equipment. Digital carbonless paper is ideally suited to produce on-demand multipart forms such as medical forms, credit applications, invoices, routing and packaging slips, and purchase orders via digital and laser printers.
    “Many people simply prefer the look, feel, convenience, mobility and security of a printed carbonless form. Our challenge, as it has been for the past 60 years, is to continue to provide carbonless products that make life easier and more efficient for our customers,” Peeters said. “We are dedicated to continuing our level of success and support.”

    How NCR PAPER brand carbonless paper works
    The carbonless system consists of liquid dye and oil-filled microcapsules dispersed within a solid coating. In a typical three-part business form, three kinds of carbonless paper work together as a system to transfer images cleanly and clearly from one sheet to the next. The top sheet is a CB (coated back) sheet, the back of which is covered with a coating made of millions of microscopic capsules containing colorless dyes.
    The last sheet is a CF (coated front) sheet coated on its front side with a coreactant or receiver material. The middle sheet is a CFB (coated front and back) sheet, front-coated with receiver materials and back-coated with dye capsules. As pressure from a pen or printer is applied to the top sheet, the dye capsules on the CB surface break and interact with the CF receiver coating to develop a black or blue image on each copy.

    How carbonless paper was invented
    The late Barry Green was a scientist and inventor who developed the microencapsulation process used to create carbonless paper. While pursuing graduate studies in chemistry at Cornell University in the 1930s, Green began brainstorming about what could be accomplished if a system were produced composed of a liquid dispersed within a solid. He learned that such a system was rare outside of living organisms. Years later Green used his ideas to produce the first man-made, commercial example of a microencapsulated system. It was that system that led to the invention of carbonless paper.
    During 1952 and 1953, Barry Green worked with the late Lowell Schleicher, a colleague, scientist and inventor, to develop and refine the microencapsulation system. They co-invented the system that is used to produce much of today’s carbonless paper and filed the patent for the system on June 30, 1953. In the patent application process, Schleicher proved he was as capable of explaining his ideas as he was at developing them. “The examiner refused to believe that capsules existed and instead felt that the paper contained nothing more than oil and water emulsion,” said Schleicher in a 1987 company publication. “So I put my equipment and materials on his desk and demonstrated the entire process right in front of him.” The patent office approved the application.
    During the development of microencapsulation, Green, Schleicher and others went searching for paper companies capable of coating the pressure-sensitive microcapsules onto paper. The coating capabilities of the Appleton Coated Paper Company drew their attention. Bob Sandberg, another Green colleague, recognized that the product might be too time consuming and difficult to produce for larger paper companies. “The primary advantage Appleton had was its willingness to try anything,” said Sandberg.
    In 1987, The Technical Association of the Pulp and Paper Industry (TAPPI) referred to carbonless paper as one of the outstanding paper-related innovations of the past half century, matched perhaps only by the invention of the xerographic imaging process. Green said the testimony to carbonless paper’s success is the public’s demand for it.
    (Appvion Inc.)
     
    28.03.2014   Koenig & Bauer AG financial statements for 2013    ( Company news )

    Company news Positive operating result before special items

    --- €138.1m pre-tax loss due to special items --- Positive cash flow and continued high net liquidity --- 25.3% equity ratio despite high special expenses --- 2014 – a year characterised by realignment --- Focus on growth markets digital and packaging printing

    Picture: New media, the shift in the print arena and increasingly more efficient presses limit the market volume for traditional offset presses

    Press manufacturer Koenig & Bauer AG (KBA) published its financial statements for 2013 on 21 March 2014. Given subdued demand for offset and security presses sales and order intake in 2013 were lower than the previous year which benefitted from the Drupa trade show. Positive earnings in the operating business were strained by one-off impairments and high provisions for special expenses. These resulted from the Fit@All programme for the realignment of the KBA Group passed in December 2013.
    KBA CEO and president Claus Bolza-Schünemann emphasises in his letter to shareholders that “The financial repercussions of this project will also be noticeable for KBA in 2014. However, in 2015 we anticipate a notable turnaround in earnings and a return to sustained profitability by 2016 at the latest.”

    Traditional core business is shrinking
    According to statistics issued by the VDMA (German Machinery and Plant Manufacturers’ Association) orders and sales of printing equipment produced in Germany fell by up to 10%. This was due to economic impacts of the sovereign debt crisis in parts of Europe, slower economic growth in the BRIC countries, negative currency effects in emerging markets, changes in media consumption and ongoing consolidation in the printing industry in industrialised countries. KBA, as the world’s second-largest press manufacturer, also felt this development.
    At €1,012.2m Group order intake in 2013 failed to top the previous year by 9.3% and Group sales of €1,099.7m were 15% lower than the prior-year figure (2012: €1,293.9m). Whereas sales in the sheetfed offset division sank by 11.1% to €571.9m, revenue in the web and special press segment was down by 18.9% to €527.8m. Demand in KBA’s traditional business with newspaper and commercial web presses which has been reduced to a great extent in recent years has left its mark. The above-average business volume in the special market for banknote printing systems in previous years is now returning to a normal level. Order intake in the sheetfed segment of €608m was 8.9% below 2012 and compared to the previous year new orders of web and special presses declined by 9.9% to €404.2m. Group order backlog to 31 December reached €560.5m (2012: €648m).

    Operating profit displaced by special items
    Despite a decline in Group sales of nearly €200m and associated lower contribution margins, KBA posted an operating profit before special items of €24.5m (2012: €40.8m). The savings in personnel costs as a result of the amendments to wage agreements in place at the main plants in Würzburg and Radebeul were offset by a smaller earnings contribution of special presses and poor capacity utilisation levels at the web press plants.
    Provisions for capacity and structural adjustments as part of the Fit@All programme and impairments of fixed assets led to sizeable special effects of –€155.2m in 2013. This accounted for an operating loss after special items of €130.7m. Following a pre-tax profit of €3.7m in 2012, the KBA Group generated a net loss of €138.1m. This corresponds to earnings per share of –€9.31. Accordingly, in his letter to shareholders Bolza-Schünemann points out that “we are unable to pay a dividend for the 2013 business year due to the exceptional impact resulting from our Fit@All programme.”

    One-off effects strain segment results
    The one-off effects, around two thirds of which will impinge on liquidity, had an impact on the results of both business divisions. The sheetfed segment disclosed an operating loss after special items of €77.6m (2012: –€38.6m). Without special items the operating loss from KBA’s sheetfed offset business could be cut from –€11.5m to –€8.4m, although sales were down. In the web and special press division special effects resulted in an operating loss of €53.1m after a profit of €52.3m in 2012. Without the high special expenses this segment would have posted an operating profit of €32.9m.

    Positive cash flow finances investments and acquisitions
    Once again high customer prepayments had a decisive influence on KBA’s cash flows from operating activities which remained clearly positive at €34.1m. Prepayments came to €175m at 31.12.2013 and supported the financing of investments, acquisitions and scaling back bank loans by over €10m. The free cash flow stood at €3.2m. At the end of 2013 liquid assets totalled €185.4m. After deducting €21.5m in reduced bank loans, net liquidity came in at €163.9m. From the credit lines available, only guarantee credit lines were used to secure prepayments. The equity ratio sank from 38.3% in 2012 to 25.3% due to the net loss resulting from the high special expenses. However, in comparison to other machinery manufacturers KBA is still very financially stable. In 2013 the company which is known for its innovative strength invested 5.8% of sales in research and development.

    China remains largest single market
    Domestic sales rose year-on-year by €44.9m to €197m, correspondingly reducing the export ratio to 82.1% (previous year: 88.2%). Given the weak economy in important markets, the proportion of Group sales in Europe outside Germany only stood at 30.1%. The regional total for North America jumped from 10.4% to 12.8% and growth region Asia/Pacific contributed 27.4% to Group sales. China remained KBA’s largest single market. The above-average sales volume in the emerging markets Latin America and Africa of 23.1% in 2012 boosted by a number of large projects for special presses returned to a normal level of 11.8% in 2013.

    Less personnel in core business
    At the end of December 2013 there were 6,409 employees on KBA Group payroll (2012: 6,187). Excluding the subsidiaries KBA-Kammann and Flexotecnica consolidated for the first time in 2013, and without apprentices, trainees, temporary employees and staff on phased retirement schemes, the Group workforce totalled 5,347. This is 75 fewer than twelve months earlier. The number of employees is likely to fall once more by more than 1,000 as part of the realignment. Nonetheless, KBA continues to take responsibility for the younger generation with an above-average training rate of 7.2%.

    2014 characterised by restructuring
    KBA refers to the positive growth prospects for the global economy and machinery manufacturing industry in its outlook for 2014. Nevertheless, the KBA management does not anticipate sustained growth of the declining market volume in traditional sheetfed and web offset market segments in 2014 and beyond. This is primarily due to ongoing structural shifts and trends towards consolidation in the print industry.
    In contrast, the management sees opportunities for growth in other areas of KBA’s broad portfolio. These include the expandable field of digital printing, industrial coding systems and the diverse field of packaging printing. There the KBA Group is already well-positioned in some important main and niche markets as well as market leader in printing systems for board, metal sheets and the direct decoration of glass containers. In the second half of 2013 two companies were acquired, KBA-Kammann in Germany and Italian Flexotecnica, the latter specialises in printing systems for flexible packaging. Thus granting KBA access to market segments which the Group had previously not addressed.
    Along with the integration of the new subsidiaries, 2014 will be marked by the implementation of the comprehensive programme for the realignment of the KBA Group. The management board expects further expenses in 2014 due to the upcoming relocation of production equipment, adjustments to capacity, training and other measures.
    For the new fiscal year KBA management is targeting €1bn to €1.1bn in Group sales and a positive operating result before special items. Group earnings before taxes (EBT) after special items will likely be negative once again in 2014 as the profit increasing measures associated with Fit@All will have not yet fully come into effect. Management will therefore provide further information on the progress of the implementation of the restructuring programme and its impacts on the current business performance in the regular interim reports and other announcements.
    (Koenig & Bauer AG (KBA))
     
    28.03.2014   Ampac Products Win Awards for Packaging Excellence, Design, and Innovation    ( Company news )

    Company news Ampac, the world’s leader in creative packaging solutions, is proud to announce they have recently won several awards from the Flexible Packaging Association, Graphic Design USA and the World Packaging Organization.
    Ampac’s win from the Flexible Packaging Association (FPA) was a Gold Award in Packaging Excellence for the Schwan’s Soft Serve Ice Cream Pouch. The Schwan’s Soft Serve Ice Cream pouch delivers soft serve ice cream in a portable, at-home format. The unique shape and custom fitment allow the consumer to easily fill a soft ice cream cone at home that looks just like one straight from the ice cream stand. The flexible pouch has a dispensing fitment and recloseable cap. The structure withstands frozen distribution for home deliveries and is also designed for toughness while squeezing a frozen product.
    Graphic Design USA’s American Package Design Award was given to the Ampac Pull TabTM. The award competition celebrates the power of design to advance the brand promise and to forge an emotional link with the buyer. The Ampac Pull Tab beverage pouch is an alternative format to the traditional straw-punch through beverage pouch that is commonly used in the beverage market. Ampac’s Pull Tab beverage pouch combines innovative packaging with technology to enhance brand marketing, allowing food manufacturers to deliver products that allow differentiation and enhanced shelf appeal for the consumer. Ampac Pull Tab beverage pouch utilizes a premade hole on the pouch body, covered by an easy open hermetically sealed label.
    The World Packaging Organization sponsors the annual WorldStar Awards, a competition open only to packaging that has won a recognized national or regional competition. According to the World Packaging Organization, the international competition is judged on the “consensus that a package is superior in its category and market, and better in its class in execution or innovation by comparison to others.” Ampac’s win for Savvy Green Eco-Clean Laundry Detergent showed these qualities among the Household Category of entries. The Savvy Green pouch uses Ampac’s No.2 Pouch film, which is the first primary flexible package to participate in the HOW2RECYCLE program providing consumers with a path to recycle flexible packaging. The pouch displays excellently with improved stiffness and HD flexo graphics. It meets No. 2 SPI ASTM classification Designation D7611/D7611M-10. It is approved through Trex®, the largest plastic bag recycler in the US.
    Ampac Vice President of Marketing New Business Development, Dave Bartish, states, “Ampac’s continuous innovation in flexible packaging markets shows our use of imagination and know-how that brings change to the industry. The recognition we’ve received from these organizations is a culmination of the efforts of our technical innovation, sales and marketing teams who collectively bring their expertise to the marketplace.”
    (Ampac)
     
    28.03.2014   Valmet to supply new cooking plant to SCA's Obbola mill in Sweden    ( Company news )

    Company news Valmet will supply SCA with a new CompactCooking G2 plant for its pulp and paper mill in Obbola, Sweden. The start-up of the cooking plant is planned for October 2015. The value of the order is about 30 MEUR. The order is included in Valmet's first quarter 2014 orders received.
    Valmet's scope of supply includes a cooking plant, chip feeding system, auxiliary equipment, complete installation and start-up. The cooking plant is the first stage in a chemical pulping line where lignin is separated from the fiber.
    "The CompactCooking G2 possesses a simplified system compared to conventional cooking processes. Among other advantages it enables lower operation cost and flexibility, and improves productivity and availability," says Patrik Lidbäck, Sales Manager from Valmet. "Valmet and SCA Obbola have cooperated in several projects during the years, and we recently also agreed on the delivery of a mist eliminator for one of the evaporation units in the Obbola mill," Lidbäck continues.

    CompactCooking G2 cooking system
    CompactCooking G2 is Valmet's 2-vessel continuous cooking system mainly consisting of an ImpBin chip impregnation system and a digester for cooking of chips.
    (Valmet Corporation)
     
    28.03.2014   CeMAT 2014: Combining traceability and counterfeit protection based on SECUDATA    ( Company news )

    Company news 3S at the world's leading trade fair for intralogistics

    “Legally binding counterfeit protection for the intralogistics sector” - under this motto 3S Simons Security Systems GmbH will be showcasing its current product portfolio at CeMAT 2014. The focus will be on the industry solution SECUDATA® which allows users to combine traceability of goods and counterfeit protection. Further highlights presented by 3S will include legally binding documentation using SECUDOC®, the protection of primary and secondary packaging with SECUPACK® and direct product protection based on SECUPRODUCT®. From 19 to 23 May, the full-service provider 3S Simons Security Systems will be presenting its wide range of product protection systems at CeMAT in Hanover, at the special show "Innovative Logistics Solutions" in hall 27, stand C45/2.

    Anti-counterfeiting technology by 3S: Fast integration, moderate cost
    3S security solutions can be meticulously and precisely applied onto nearly all solid matters, among which metals, synthetics, paper products, glass, alloys and textile fabrics. Due to the fact that only a standard pen microscope with 100x magnification is required, it is not necessary to set up a laboratory for analysis. This means costly investments in skilled labour and technical equipment as well as time-consuming verification procedures are no longer required. Moreover, 3S anti-counterfeiting technology can swiftly be integrated into all production and logistics processes - without complex changes being necessary. Such a protection strategy will not only reduce control costs along the supply chain, but it will also strengthen the corporate image of logistics and packaging service providers because the system can be communicated to the public. Companies using 3S industry solutions for product protection can also benefit from a good selling point: Their customers can buy the company's product safe in the knowledge that it is the original.

    SECUDATA®: Traceability must be counterfeit-proof
    Another major exhibition focus will be on the combination of traceability and counterfeit protection. The industry solution SECUDATA® combines the logistic advantages of traceability systems (e.g. data matrix and RFID) and counterfeit protection by means of micro colour codes. Both codes are conjointly applied onto the product, its primary or secondary packaging, labels and closures. Thanks to the micro colour code both the traceability code and the product are protected against counterfeiting in a manner that cannot be legally contested. First, the traceability code is checked in databases; ultimate security is guaranteed by verification on the basis of the micro colour code. This way, SECUDATA® ensures seamless security along the entire supply chain, from suppliers via those involved in production, all the way to the retailers and end-customers.

    SECUDOC®: Legally binding documentation
    The industry solution SECUDOC® by 3S enables forgery-proof documentation of entire distribution channels. Transport documents, such as delivery notes, shipping documents and papers for customs or other authorities are unambiguously identifiable as originals and can be attributed to a distinct delivery. Certificates, reports and security papers, contracts, plans, signatures and business letters as well as credit cards and ID cards can also be protected through the use of SECUDOC®. The colour code is admixed to the transfer medium clear lacquer and can be easily printed or applied manually to the surface of the documents to be secured. SECUDOC® thus contributes its share to the prevention of document forgery and abuse.

    SECUPACK®: Counterfeit-proof packaging from all domains
    With SECUPACK® 3S has developed an industry solution offering legally binding counterfeit protection for primary and secondary packaging from all industries. Folded boxes, blisters, tubes and cans made of different materials are secured with SECUPACK® allowing them to be unambiguously identified as originals. The colour codes are applied onto the materials by different printing methods, directly added to the products or applied by means of a dispenser. Complex changes to the manufacturing process are not required when applying the codes by means of a dispenser. Their application can be combined with production and supply processes, for example in blister packaging lines, in an easy and affordable way.

    SECUPRODUCT®: Immediate protection against product piracy
    With SECUPRODUCT®, 3S has developed a technology which ensures immediate protection of all kinds of products across all industries. From amplifiers to zips, SECUPRODUCT® enables the direct and legally binding labelling of originals. It can be meticulously and precisely applied onto nearly all solid matters, among which metals, synthetics, paper products, glass, alloys and textile fabrics. The consistency of the micro colour-codes enables an easy implementation into all production processes. For smaller productions or single pieces, the application can occur manually; for large serial productions, the colour codes are integrated fully automatically into the existing manufacturing process.
    (3S Simons Security Systems GmbH)
     
    27.03.2014   Generational change ensures continuity at Voith Paper – Dr. Hans-Peter Sollinger ends his ...    ( Company news )

    Company news ... career with Voith after 32 years

    Dr. Hans-Peter Sollinger (picture), Member of the Corporate Board of Management of Voith GmbH and Chairman of the Management Board of Voith Paper, will be leaving Voith on July 1, 2014 after serving the company for 32 years.
    The Supervisory Board and Shareholders’ Committee have appointed Bertram Staudenmaier as his successor. Within the Voith Paper Management Board, Staudenmaier was previously responsible for the Business Lines Fabric & Roll Systems and Products & Services and is also a member of the Voith Corporate Board of Management. By introducing this generational change now, Voith Paper is ensuring continuity over the next decade.
    “Dr. Hans-Peter Sollinger has played a crucial role in the further development of the Voith Paper Division in recent years. Under his leadership, and during a period of radical change for the entire European paper industry, the management took important steps to equip Voith Paper for the coming years. On behalf of all Voithians, the Shareholders’ Committee and Supervisory Board would like to thank Dr. Hans-Peter Sollinger for his more than three decades of loyal service to the company,” says Dr. Manfred Bischoff, Chair of the Shareholders’ Committee and Supervisory Board of Voith GmbH.
    In recent years Dr. Sollinger had pressed ahead with a comprehensive restructuring program to align the Division to the structural decline in the market for graphic paper machines and the growing market demand from Asia for mid-sized paper machines. “Following a very intensive realignment phase, the course set at Voith Paper is now such that I am able to hand over responsibility for the paper segment at Voith. After 32 years with the company, 14 of them as a member of Voith’s Corporate Board of Management, and at the age of 61, it is now the right time for me personally and professionally to hand over the reins to a younger successor who can provide the necessary continuity to lead the Division into the next decade. I would like to thank most sincerely all Voith Paper employees, of whom we have demanded a great deal in recent years, for their exceptional commitment, their loyalty and their enthusiasm for the business of papermaking. I am proud to have had the privilege of being part of this team. I am leaving with a host of good memories and will continue to maintain close ties with Voith. With Bertram Staudenmaier a colleague is now taking over with whom I have jointly managed Voith Paper for the past ten years. I am confident the new management team will continue to develop the Group Division successfully,” said Sollinger.
    Dr. Sollinger joined Voith in 1982 as a project planning engineer for coating machines. Following various management positions he assumed responsibility for the Paper Machines sector in 1994. In the same year he was appointed as a member of the Management Board of Voith Paper. In 2000, Dr. Sollinger joined the Corporate Board of Management of the Voith Group and since succeeding Hans Müller as Chairman of the Management Board of Voith Paper in 2005 has been responsible for the entire paper segment within the Voith Group.
    Under his leadership Voith Paper became the leading single-source supplier to the paper industry in all regions of the world. Following the acquisition of the paper technology operations of the British Scapa Group in 1999, Dr. Sollinger finished combining the systems, product, clothing and service segments and made Voith Paper the first genuine single-source supplier for the paper industry worldwide. He also shaped the successful establishment and development of the automation business at Voith Paper. Moreover, at a time when few suppliers were taking note of the issue of sustainability, Dr. Sollinger recognized the competitive edge to be gained by the efficient use of resources in paper manufacturing. He embedded this issue systematically and in dialogue with NGOs as a trademark of Voith Paper. In addition, he was responsible for the systematic globalization of the paper business at Voith. In this context, one area of focus was the expansion of business with and in China in the last 15 years. Voith Paper City in Kunshan, from where Voith now supplies customers in the expanding Chinese paper market and entire region of Asia, bears Dr. Sollinger's signature. Most recently, he devoted great personal energy to successfully realigning and reorganizing Voith Paper to take account of the fundamental structural changes taking place in global paper markets.
    “Dr. Hans-Peter Sollinger is a genuine papermaker through and through. He has rendered outstanding service to the paper sector not just at Voith but also to the paper industry worldwide. I have always very much appreciated working with him and have great respect for his decision to now actively initiate a generational change at Voith Paper,” says President and CEO Dr. Hubert Lienhard.
    Bertram Staudenmaier, the new head of Voith Paper, comes from the Heidenheim region and has spent the better part of his professional life in the paper industry. His career began at Gummiwerke Becker in Heidenheim and took him via various positions, e.g. at BTR/Stowe Woodward AG in Düren and Stowe Woodward North America in Westborough, to the USA, where following the sale of Stowe Woodward operations to the Xerium Group he was responsible for Xerium's entire North American business from 2003. In 2005 Bertram Staudenmaier joined Voith as a member of the Corporate Board of Management and assumed responsibility for Voith Paper’s Business Line Fabric & Roll Systems, which he has built up in recent years to be an expanding and highly successful business unit. Working closely with Dr. Hans-Peter Sollinger, Bertram Staudenmaier made a key contribution to managing the Voith Paper Division profitably.
    With Bertram Staudenmaier only one member of Voith Paper Division will be represented in Voith’s Corporate Board of Management in the future. This means that the Group’s management body will be reduced from seven to six members in future. This change will become effective as of July 1, 2014.
    (Voith Paper GmbH & Co KG)
     
    27.03.2014   Geissmann Papier installs a 10-colour Comexi FLEXO FPlus    ( Company news )

    Company news With this purchase, the Swiss company modernizes its printing capacity and greatly improves its production efficiency

    Comexi Group has launched its Comexi FLEXO FPlus 10-colours printing machine in the facilities of Geissmann Papier AG (Switzerland). Thanks to the agreement reached with Comexi Group, the Swiss company expands its printability and lamination capacity in the food industry. For Daniel Geissmann, CEO of the company, "the results obtained so far are excellent, so this acquisition allows us to make a qualitative leap in our production."
    The Comexi FLEXO FPlus is the reference in the segment of compact printers, since it allows very high precision prints at speeds up to 500m/min, on widths of up to 1520mm and print repeats of up to 1100mm. Another remarkable feature of this Comexi solution is its automatic change-up job, which allows preparing any printing unit that is not working, including cleaning and changing sleeves with automatic ejection.
    (Comexi Group S.L.)
     
    27.03.2014   New Speedmaster CD 102 from Heidelberg raises productivity by ten percent    ( Company news )

    Company news -Enhancement with Preset Plus Delivery boosts productivity of Speedmaster CD 102 even further
    -Attractive model configurations offer solutions for commercial and packaging printers
    -Best price-performance ratio in its performance class

    Heidelberger Druckmaschinen AG (Heidelberg) will start offering the new Speedmaster CD 102 in April this year. Equipped with the Preset Plus Delivery and a comprehensive package of automation components, it boosts productivity by around ten percent on the previous series, making it more efficient than ever. With the best price-performance ratio in its performance class, this all-round press is aimed at both commercial and packaging printers who require maximum flexibility in the substrates they use. It also impresses with its high energy efficiency thanks to innovative drive and dryer technology, thus enabling eco-friendly printing.

    Attractive model configurations offer solutions for commercial and packaging printers
    The new Speedmaster CD 102 is aimed at customers that produce traditional advertising materials, packaging or labels. The target group is in both emerging markets and industrialized countries, with the first orders having already been received from China, Saudi Arabia, and Germany. "The Speedmaster CD 102 has gained an outstanding reputation on the market over many years thanks to its productivity and value retention and has undergone continuous development by Heidelberg," explains Stephan Plenz, Member of the Management Board responsible for Heidelberg Equipment. "With over 50,000 printing units produced, it is the most successful straight-printing press in the 70 x 100 centimeter (27.56 x 39.37 inch) format. We're taking this success story another step forward and have enhanced the new Speedmaster CD 102 with innovative technology, adapting it to our customers' changing productivity needs. To this end, we conducted extensive discussions with existing users beforehand and, by offering attractively equipped model configurations, we can now deliver exactly what is needed for cost-effective production in this market segment."

    Flexible, productive, and reliable
    The new Speedmaster CD 102 is incredibly flexible. The range of substrates extends from thin, 0.03 millimeter (0.0012 inch) paper to cardboard up to 1.0 millimeter (0.039 inch) thick. Depending on requirements, models are available with coating unit, UV configuration, automatic washup devices, and the Preset Plus Delivery with various extension modules and dryer systems. For example, the DryStar Combination Carton with its two slide-in modules for infrared/hot air and hot air has been developed specifically to meet the needs of cardboard printing.
    Format and air settings are made automatically with the Preset Plus Delivery using a range of data entered at the factory. The printer controls delivery operation via a touchscreen control display with jogwheel.
    The extensive equipment supplied as standard comprises the Preset Plus Feeder and Preset Plus Delivery, AutoPlate plate changer, and Prinect Press Center Compact press control station. Color management is controlled using Prinect Easy Control. The new Speedmaster CD 102 can be integrated fully into the Prinect workflow and can also be connected to the Prinect Image Control color measuring and control system.
    Overall, the press boasts simple operation and excellent reliability thanks to optimum and, above all, stable print quality throughout the run. Its high net productivity makes it a safe investment with a short payback period. "Large numbers of customers have already achieved runs of over 30 million sheets a year with the previous Speedmaster CD 102. This technology transfer will make the new Speedmaster CD 102 even more productive," explains Plenz.
    "The new Speedmaster CD 102 makes our offering in the 70 x 100 centimeter format even more attractive. We have the ideal press in our portfolio to meet all productivity and surface finishing requirements," concludes Plenz.
    (Heidelberger Druckmaschinen AG)
     
    27.03.2014   Pratt Breaks Ground on New 100% Recycled Paper Mill in Valparaiso, Indiana    ( Company news )

    Company news Pratt Industries has officially broken ground on its new 100 percent recycled paper mill – the 4th such facility it’s built in the past 20 years.

    Picture: Anthony Pratt joined by Mayor Jon Costas and Indiana Economic Development Corporation CEO Eric Doden at groundbreaking ceremony for new 100% recycled paper mill in Valpariaso, IN.

    Company chairman Anthony Pratt said the Valparaiso, Indiana, mill would be world’s most technologically-advanced and environmentally friendly recycling mill and was “a dream come true” for Pratt Industries. “This mill will be a showcase of 21st century recycling technology which will result in the best performing recycled paper on the market,” he said.
    “At capacity the mill will save the equivalent of some 20,000 trees and divert up to 3500 cubic yards of waste from landfills every day. That’s enough trees to cover almost 15 football fields and enough waste to fill 90 garbage trucks every 24 hours.”
    “That’s important not only for our environment but also for our customers who realize the importance of sustainable, lightweight packaging.”
    Valparaiso Mayor Jon Costas believed the 250,000-square-foot mill was “the single largest investment in the history of the city. Of course, Pratt Industries is our largest employer.”
    The company already employs 280 workers at the adjacent box factory – the world’s largest – and the mill will add more than 100 new jobs.
    “We talk about job creation,” Costas said. “But friends, this is job creation on steroids.”
    Pratt said because of its location next to the existing box factory the mill’s freight cost would be almost zero. “So this will be a very low-cost mill,” he said. “We have over 100 facilities across the U.S. providing more than 4400 green collar jobs, but this Valparaiso facility will be very special to us.”
    (Pratt Industries)
     
    27.03.2014   Lenzing: Sales and Earnings Decline in 2013 – Countermeasures Well Underway    ( Company news )

    Company news -ngoing good volume demand, new record sales volumes
    -Unsatisfactory earnings situation due to very weak fiber selling prices
    -Initial effects of cost optimization measures already have a positive impact in H1 2014

    Picture: Peter Untersperger, Chief Executive Officer of Lenzing

    The business development of the Lenzing Group in 2013 was characterized by the continuation of good volume demand, new record shipment volumes and full capacity utilization against the backdrop of extremely weak fiber selling prices. Lenzing has moved to counteract this situation on the basis of a comprehensive cost optimization program, a marketing offensive for specialty fibers, adjustments made to the business strategy in order to minimize risk and an optimized organizational structure in the Group.
    Consolidated sales in the 2013 financial year fell by 8.7% from EUR 2.09 bn to EUR 1.91 bn, which can be attributed to the drop in fiber selling prices, which declined by 13% year-on-year to EUR 1.70 per kilogram, as well as the divestment of the Business Unit Plastics. Moreover, there was a loss of external sales totaling EUR 61.8 mn as a consequence of the complete conversion of the Paskov pulp plant in 2013 from paper to dissolving pulp which is used within the Lenzing Group.
    Consolidated earnings before interest, taxes, depreciation on property, plant and equipment and amortization (EBITDA) totaled EUR 225.4 mn, down from the adjusted figure of EUR 352.4 mn in 20123) but in line with the most recently published guidance for the year. The EBITDA margin amounted to 11.8%, compared to the adjusted level of 16.9% in the previous year. Consolidated earnings before interest and taxes (EBIT)4 amounted to EUR 86.4 mn in the 2013 financial year, compared to the prior-year level of EUR 231.5 mn (adjusted). The EBIT margin was 4.5%, down from the adjusted figure of 11.1% in 2012.

    Comprehensive countermeasures
    “We assume that the difficult market environment will continue in 2014 and perhaps far into the year 2015. For this reason, we have implemented timely and comprehensive countermeasures“, explains Peter Untersperger, Chief Executive Officer of Lenzing. “We are massively reducing costs at the same time adding impetus to the marketplace by promoting our specialty fibers TENCEL® and Lenzing Modal®. Our market and quality offensive is being supported since the beginning of the year by the newly created functional Group organization. At the same time, our growth strategy is oriented to the current market situation on the basis of a consistent adjustment of risk”, CEO Untersperger adds. “The uninterrupted strong volume demand for Lenzing fibers shows that against the backdrop of a difficult business environment we are offering the right products in a sustainably attractive growth market. We are working intensively and resolutely to optimize our competitive strengths”.

    Resolute implementation of cost optimization program
    The first cost optimization program entitled excelLENZ 1.0 was already launched in the beginning of 2013, generating savings of approximately EUR 40 mn. This was followed by excelLENZ 2.0, which was initiated in November 2013 and is now being resolutely implemented. Cost savings from all cost modules and all sites operated by the Group of EUR 120 mn starting in the 2015/16 financial years have been identified. Cost savings generated by this program of about EUR 60 mn have been budgeted for the 2014 financial year. Two-thirds of the cost savings will be derived from cutting material costs, overhead, massively reducing operating expenses and increasing operating efficiency. About one-third of the cost reductions will be related to lower personnel expenditures. In order to cushion these measures, a comprehensive redundancy program was developed at the end of 2013, for which provisions of EUR 19.7 mn were allocated in the consolidated financial statements for 2013.
    In the light of current market conditions, the revised Lenzing strategy focuses on risk optimization and further promoting highly profitable specialty fibers. Construction of the new TENCEL® production plant at the Lenzing site is the only capacity expansion project being implemented by the Lenzing Group at present. No further viscose fiber growth investments will be carried out for the time being. The construction of a viscose fiber facility in India was postponed.

    Sales increases for specialty fibers
    The focus is now on expanding the share of specialty fibers in relation to total sales volumes. “In 2013 our specialty fibers Lenzing Modal® and TENCEL® achieved an unchanged and attractive price premium of 50% vis-à-vis standard viscose fibers against the backdrop of good volume demand“, says Friedrich Weninger, Member of the Management Board with responsibility for fiber production. “Moreover, we have opened up new sales markets and regions for TENCEL® in preparation for the start-up of production at the new TENCEL® plant in Lenzing, and have further expanded our innovation pipeline”, Mr. Weninger adds. However, Lenzing was only able to partially counteract the weak price development for standard viscose fibers by increasing total sales volumes. On balance, fiber sales volumes reached a new record level of about 890,000 tons in 2013, a rise of 10% from the comparable level of 810,000 tons in 2012.

    Ongoing high equity ratio, reduced level of investments
    The balance sheet total of the Lenzing Group fell considerably in the past financial year, from EUR 2.63 bn to EUR 2.44 bn as at the end of 2013. This can be mainly attributed to the planned reduction in cash and cash equivalents in connection with the completion of current investment projects. The adjusted equity ratio rose from 43.8% to 45.5% of the balance sheet total. Net financial debt of the Lenzing Group climbed to EUR 504.7 mn at the end of 2013 (2012: EUR 346.3 mn).
    Investments in property, plant and equipment, intangible assets and non-controlling interests (cash-CAPEX)5 were significantly cut back in the 2013 financial year to EUR 252.2 mn from the prior-year figure of EUR 346.2 mn. The focal point of the investment activity carried out by the Lenzing Group was construction of the new TENCEL® production plant, urgently needed infrastructure investments at the Lenzing site and completion of the conversion project at the Paskov pulp plant.

    Outlook 2014
    Hardly any change was perceptible in the difficult business environment impacting the business operations of the Lenzing Group in the first weeks of 2014 compared to the fourth quarter of 2013. No major improvement is in sight with respect to the price situation on the global fiber market. The reasons are the historically high cotton inventories, high cotton production and surplus capacities in China for manufacturing man-made cellulose fibers.
    Volume demand for fibers remained strong at the turn of the year 2013/14.
    (Lenzing Papier GmbH)
     
    27.03.2014   Notice regarding Zellstoff Pöls AG Force Majeure    ( Company news )

    Company news Sunday, 23 March 2014, our pulp mill was affected by an incident. A deflagration occurred at 9:00 pm CET in the recovery boiler 2 of the pulp mill at Zellstoff Pöls. As a consequence our production had to be stopped. Customers have been informed accordingly.
    No other production at the mill has been affected. There was no impact on the environment nor the neighborhood.
    “A team of experts is currently in the process of diligently assessing damages, investigating the causes as well as evaluating and implementing recovery plans. At this stage we are not in the position to quantify the time needed to complete repair works”, Gunther Sames, CFO of Zellstoff Pöls stated earlier today.
    Due to the above occurrence, which was entirely beyond our control, neither foreseeable nor could have been reasonably prevented, we are urged to declare Force Majeure to our valued customers in respect of all supplies not fully completed before that event.
    “We have a unique status in the industry. Our mill is equipped with a second stand-by recovery boiler 1 - with lower capacity - which was put into operation immediately. This enabled us to resume production again on Tuesday, March 25 in the afternoon. The final amount of pulp production lost cannot be quantified at this stage,” Kurt Maier, CEO of Zellstoff Pöls explained.
    The brand new paper machine 2 for bleached MG paper has not been affected at all. Starkraft production remains on 100%.
    (Zellstoff Pöls AG)
     

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