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    RSS-News News RSS-News from paper-world.com - Add to Google! Page:    <<   1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  25  26  27  28  29  30   >> 
     
     
    26.03.2014   Metsä Tissue increases tissue paper product prices    ( Company news )

    Company news Metsä Tissue will increase the prices of tissue paper products by 8 percent during the second quarter of 2014. The price increase is due to cost inflation.
    (Metsä Tissue Corporation)
     
    26.03.2014   SCA chooses Voith solution to reduce energy consumption    ( Company news )

    Company news Voith has concluded the sale of a NipcoFlex T shoe press to SCA, one of the world's largest tissue paper manufacturers. The new shoe press will be installed in the PM 3, located in SCAs plant in San Nicolás de los Garza, Mexico, and will allow the machine to achieve average energy savings of 3%, including steam, electricity and gas. The start-up is expected to be carried out in April 2014.
    The company's PM 3 had already been operating with the equipment's first generation, the TissueFlex press, since 2001. This upgrade will now offer greater operational flexibility, including the "Tilt" adjustment. Also, due to its simplified construction, maintenance of the new press model will be quicker and less frequent.
    The NipcoFlex T press adjusts itself to the natural deformations of the Yankee cylinder and in general reduces the CD moisture variation. The “Tilt” adjustment means that some grades have the possibility of higher “bulk” (specific volume) or higher dryness after press.
    According to Jean Pereira, application and sales engineer from Voith Paper, the NipcoFlex T press was developed to ensure greater stability in the manufacturing process, which also translates into higher production. “The second generation of the NipcoFlex T shoe press has proved to be strategic to our business plans, and has been very well accepted by the market,” points out the engineer from Voith.
    (Voith Paper GmbH & Co KG)
     
    26.03.2014   Stora Enso changes organisational structure of Renewable Packaging    ( Company news )

    Company news Stora Enso plans to reorganise its Renewable Packaging Division, comprising Consumer Board, Packaging Solutions and Packaging Asia, into three separate businesses reporting to the CEO.

    Picture: Jouko Karvinen, Chief Executive Officer (CEO) of Stora Enso

    As agreed by the Board of Directors, the reorganisation has two objectives: to enhance visibility internally and externally in addressing Global Responsibility challenges in high risk markets, and to increase the focus on the growth engines of Stora Enso’s strategy.
    “This change will remove one organisational layer. We want to increase clarity and transparency within and outside the Group concerning the Global Responsibility challenges we have had and continue to have in China, India and Pakistan,” says Stora Enso CEO Jouko Karvinen.
    The reorganisation of the renewable packaging businesses is planned to be implemented by 1 July 2014, subject to the outcome of applicable co-determination negotiations. Until then, the businesses of the current Renewable Packaging Division (Consumer Board, Packaging Solutions and Packaging Asia) will report directly to the CEO.
    Mats Nordlander, currently head of the Renewable Packaging Division and a member of the Group Leadership Team, will leave his present roles. He will continue to report to the CEO while his new tasks are defined and agreed.
    “Stora Enso has already initiated a human rights assessment across the Group. This is a continuation of our ongoing efforts to systematically integrate human rights issues into our business. We have high objectives and this will be a long journey. We may never be perfect, but we will always be transparent,” Jouko Karvinen emphasises.
    “Consumer Board, Packaging Solutions and Biomaterials have been defined as the growth engines of the Group. Although continued cost and capacity adjustments have maintained the cash generation of the Group, the growth of the higher margin businesses has been limited. We must now get more energy and focus on this task to grow our top line faster and to manage the large investment projects and risks relating to them better,” says Jouko Karvinen.
    The effect of the changes on the segment structure and reporting will be announced in due course before the end of the second quarter of 2014.
    (Stora Enso Oyj)
     
    26.03.2014   Cascades releases 2013 fourth quarter results and ends the year on a strong note    ( Company news )

    Company news Cascades Inc. (TSX: CAS), a leader in the recovery and manufacturing of green packaging and tissue paper products, announces its unaudited financial results for the three-month period and the fiscal year ended December 31, 2013.

    Picture: Mario Plourde, President and Chief Executive Officer of Cascades Inc.

    Annual Highlights
    -Sales of $3,849 million (compared to $3,645 million in 2012 (+6%))
    -Excluding specific items
    -EBITDA of $352 million (compared to $304 million in 2012 (+16%))
    -Net earnings per share of $0.31 (compared to $0.05 in 2012)
    -Including specific items
    -EBITDA of $322 million (compared to $274 million in 2012 (+18%))
    -Net earnings per share of $0.11 (compared to a net loss of $0.23 in 2012)
    -Appointment of Mario Plourde as President and Chief Executive Officer
    -Increased ownership in Reno de Medici from 48.5% to 57.6%
    -Successful start-up of the Greenpac containerboard mill and ramp-up according to plan
    -Acquisition and conversion of a paper machine at our Oregon Tissue mill with a start-up planned for the end of 2014
    -Creation of a new joint venture in the Atlantic Provinces for the Containerboard Group

    Q4 2013 Highlights
    -Sales of $958 million (compared to $995 million in Q3 2013 (-4%) and $904 million in Q4 2012 (+6%))
    -Excluding specific items
    -EBITDA of $105 million compared to $96 million in Q3 2013 (+9%) and $70 million in Q4 2012 (+50%))
    -Net earnings per share of $0.19 (compared to net earnings of $0.07 in Q3 2013 and a net loss of $0.06 in Q4 2012)
    -Including specific items
    -EBITDA of $93 million (compared to $83 million in Q3 2013 (+12%) and $39 million in Q4 2012 (+138%))
    -Net earnings per share of $0.05 (compared to net earnings of $0.12 in Q3 2013 and a net loss of $0.33 in Q4 2012)
    -Net debt of $1,612 million (compared to $1,601 million as at September 30, 2013 ), including $113 million of non-recourse net debt

    Mr. Mario Plourde, President and Chief Executive Officer, had the following comments on the fourth quarter results: "We are pleased with the 16% improvement of our EBITDA excluding specific items in 2013 which demonstrates that the efforts being pursued under our action plan continue to bear fruit. The results of the last quarter of the year have been solid as a result of improved productivity and more favourable external factors such as a weaker Canadian dollar.
    Having significantly increased its EBITDA contribution during the fourth quarter, our Containerboard Group continued to show progress due to an improvement in manufacturing efficiencies. Results were also impacted by a favourable adjustment to its pension liabilities. Our Boxboard Europe Group achieved the greatest EBITDA growth during the fourth quarter. It continues to do well in a difficult environment and has benefited from credits linked to energy savings projects undertaken at two of its mills. Impacted by favourable exchange rates, the Specialty Products Group's results were stable compared to the previous quarter, even though the fourth quarter is usually a slower quarter. Finally, our Tissue Papers Group recorded a seasonal EBITDA decrease as it did last year and it continues to face a very competitive environment while new capacity is being absorbed by the market.
    While facing normal logistical challenges associated with start-ups, the Greenpac mill is continuing to ramp-up as planned. Average daily production during the fourth quarter was 747 tons per day, without adjusting for downtime, and operating income before depreciation was positive for the quarter."
    (Cascades Inc.)
     
    26.03.2014   Meet your customers at PulPaper Helsinki, 3-5 June, 2014    ( Company news )

    Company news You still have time to plan your participation at PulPaper 2014

    The industry event of the year and one of the premier gatherings within the pulp, paper, board, converting and bio-based indutries is drawing closer. There is, however, still time to plan your participation. A few good locations are still available around the exhibition floor and helpful marketing tools have been produced to help you promote your participation. Take a look at the complete Visitor Invitation brochure with all the event information there is to know for your customer or the simplified Invitation Card with the most essential facts and brief event information. Both are available as printed matters, free of charge to order for all exhibitors, or in digital version to be added to e-mails, newsletters or invitations.

    There are also several ways of promoting your company during the days of the event. Place an ad in the special Event Guide issue of Paperi ja Puu or choose from the many attractive promotional locations around the venue of Messukeskus, Expo and Convention Centre Helsinki.

    Scroll down on the front page of the official PulPaper website to see a complete list of the official PulPaper 2014 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)
     
    25.03.2014   polytype subsidiary Pagendarm BTT GmbH in Hamburg changes name to WIFAG-Polytype GmbH    ( Company news )

    Company news Picture: Pagendarm BTT GmbH based in Hamburg, Germany, changed its name to
    WIFAG-Polytype GmbH effective March 1, 2014

    New name covers both pillars of the Hamburg facility / No changes whatsoever in contact partners and for existing business relationships

    Since 2007, the Hamburg-based Pagendarm BTT GmbH has been part of the wifag//polytype Group located in Fribourg, Switzerland. As a result of the new organizational structure of the group, Pagendarm BTT GmbH now has a new name.

    Since March 15, 2014, it has been conducting business under the name WIFAG-Polytype GmbH. The new WIFAG-Polytype GmbH remains a wholly owned subsidiary of Polytype Converting AG located in Fribourg, Switzerland. Mr. Esa-Matti Aalto remains the Managing Director. All contractual relationships and business terms and conditions also remain completely unchanged, as do contact details and contact partners.

    wifag//polytype, specialist for printing, coating and surface finishing technology, has been putting a new, more market-oriented organizational structure in place since September 1, 2013. The new structure will serve as the basis for the group's multi-faceted range of solutions, which will be tailored even more closely to customer needs in the future.

    The name change for the facility in Hamburg, Germany, changes nothing in the practice of selling coating and finishing machines and systems under both brand names Polytype and Pagendarm. They are synonymous with Swiss and German quality in the top level segment and the advanced level segment. Dryers, remoistening systems and coating systems are all sold under the brand name Pagendarm. The new generation of dryers from Hamburg (SpeedStar HT) already won the C2 Innovation Award at the ICE 2013.

    In addition, the new name signals the subsidiary's expanded role. In the future, WIFAG-Polytype GmbH will also be the sales, service and engineering base in Hamburg for WIFAG Maschinenfabrik AG, a leading supplier of newspaper and book printing machines located in Fribourg, Switzerland.

    The Hamburg facility has thus been strengthened and remains an integral part of the wifag//polytype matrix organization. Its priorities will be Purchasing and Distribution, the technology segment Drying and Remoistening as well as Spare Parts and Services.

    Jörgen Karlsson has been CEO of Polytype Converting AG and WIFAG Maschinenfabrik AG since September 1, 2013. Since then, parts of the two corporate structures have been sensibly merged in multiple steps. The goal is to combine the overall expertise of the company group in the conversion of web materials in an optimum manner.

    Jörgen Karlsson: "Unlike many of our competitors in the market wifag//polytype combines complete expertise for web handling, for printing, coating, laminating and drying flexible materials of all kinds within a single group. As one of the most innovative companies in the
    further development of digital printing technology, we can provide ultra-precise and economical solutions not only for paper but also for foils, laminates, cups and body printing as well as converting applications."
    (WIFAG-Polytype GmbH)
     
    25.03.2014   New for 2014, Alwan Color Expertise HiFi Software Suite enables Brand color expectations ...    ( Company news )

    Company news ... across the supply chain

    Picture: Elie Khoury, founder and president of Alwan (right)

    Alwan Color Expertise, a leader in color control and standardization technologies, announces the latest release of its color management & control suite of Software with new High-Fidelity (HiFi) capability guaranteeing color accuracy and consistency across printing technologies. The interconnection of the complete software solution optimizes the print production workflow connecting Alwan ColorHub X 5.0, Alwan PrintStandardizer X 5.0 and Alwan PrintVerifier X 3.0. This optimized workflow now enables print buyers and printers to agree on aims and tolerances for each print job and make sure that visuals and brand colors are reproduced accurately and within agreed upon tolerances.
    Discover the New Alwan Suite features at:
    • IPEX London UK, March 24-29 2014, Booth #N4-B359
    • FTA Info*Flex Baltimore, MD USA, April 28-29 2014, Booth #1224

    Elie Khoury, founder and president of Alwan defines how this new software suite ushers in a new era for the graphic arts industry: "Until now, print buyers and printers had two ways to assess the conformance of a printed product. They either agree on a process control standard such as ISO 12647 or on a proprietary color definition and assessment method for brand and special colors. Today, with the imminent publishing of ISO 15339, the new printing standard enables color reproduction across printing technologies. Print buyers and printers have the ability to define and assess aims and tolerances for printed colors (not only process colors) based on an ISO standard. This major breakthrough for the graphic arts industry has been possible thanks to the ISO TC130 committee and to the editor of this standard, Mr. Dave McDowell, one of the most influential figures within TC130. In honor of Mr. McDowell's accomplishments, we have named our new Alwan Color Expertise Color Suite v5.0, which fully implements ISO 15339, the “McDowell Suite". The McDowell Suite also supports ISO 17972-4 known as the CxF/X-4 standard, which enables brand owners to define and communicate an accurate description of the colors they expect from the printing process. “We believe that these two new standards will help the printing industry make a huge step towards the necessary automation and optimization of printing workflows from color definition to color reproduction to color conformance across the supply chain. For all these reasons we have decided to have these standards implemented and available in our new suite”.

    The new Alwan McDowell Suite offers numerous and unique advantages for each print application:

    Commercial Printing
    Print Buyer's can choose printing aims from ISO's 15339 seven standard Color Reference Printing Conditions ranging from small (newspaper) to large (digital). They can also choose printing tolerances for a job from 3 levels of conformance, stringent (level A), normal (level B) or relaxed (level C). Once printing aims and tolerances are chosen, they will be used by Alwan Color Suite's Color Management with Alwan ColorHub, Process Control with Alwan PrintStandardizer, and Color Conformance with Alwan PrintVerifier, ensuring that agreed on aims and tolerances are achieved.

    Packaging Printing
    Consumer Products Companies can define their brand colors using CxF/X-4 spectral color definition. A description of the expected color for each printing process and media can be included in the CxF/X-4 metadata.
    Alwan Color Suite can carry this information throughout the workflow, color manage it for optimal proofing and printing on 4, 5, 6 & 7 color process HiFi output, and assess its reproduction conformance based on standard or custom tolerances.

    Specialty Printing
    Printing processes that are different from ink on paper such as textile, ceramics, etc. require specific color management. The new Alwan Suite embeds technologies that allow printers to calibrate, characterize and maintain the stability of any printing process using any colorant and any substrate with virtually no limit.

    All color operations performed by Alwan Suite are documented using a sophisticated PDF, XML as well as online reporting systems that can be shared among supply chain stakeholders.
    (Alwan Color Expertise)
     
    25.03.2014   Valmet to supply Advantage tissue production line to Absormex CMPC Tissue in Mexico    ( Company news )

    Company news Valmet has been chosen as supplier of a complete tissue production line by CMPC Tissue S.A. of Santiago, Chile. The tissue line will be installed at the mill of its subsidiary Absormex CMPC Tissue S.A. de CV in Mexico.
    The new production line is planned to be started up mid 2015, and it will add 60,000 tons of high quality toilet and towel grades to the company's annual production. Valmet has previously delivered an Advantage DCT200 tissue line to CMPC Tissue's Talagante mill in Chile.
    The value of the order will not be disclosed. This kind of production line is typically valued at EUR 20-40 million, depending on the scope of the delivery and the production output. The order is included in Valmet's first quarter 2014 orders received.
    "The Latin American tissue market is growing both in respect of capacity and quality. Valmet has the tissue making technologies to meet current and future demands of the market," says Jan Erikson, Vice President of Sales, Valmet. "We are very pleased that CMPC chose us as their supplier and selected Valmet's Advantage tissue technology to increase their current production in means of quality and capacity."

    Technical information about the delivery
    Valmet's delivery will comprise of a complete Advantage DCT200 tissue production line with stock preparation equipment and tissue machine including an OptiFlo II TIS headbox, a Yankee cylinder, an Advantage AirCap hood, an Advantage WetDust dust management system and an Advantage SoftReel reel. The scope will also include control systems, electrification, mill engineering as well as installation. The production line will be optimized to enhance final product quality and reduce energy consumption. The raw material for the new line will be virgin and DIP pulp.
    (Valmet Corporation)
     
    25.03.2014   MoveRoll Oy will participate in MaqPaper 2014    ( Company news )

    Company news Together with our Spanish Sales Partner, Porteca SL., we will participate at MaqPaper 2014 from 2nd to 3rd of April 2014. Maqpaper is a biannual fair for the suppliers and producers of the pulp, paper and cardboard industry. During the exhibition MoveRoll Oy will display for the first time in the Spanish market the MoveRoll conveyor, which is one of the most innovative roll-handling system used to transport paper rolls.
    Porteca Sl together with MoveRoll Oy will be located at booths 12 - 13. You are warmly welcome to visit our stand and receive more information about MoveRoll´s unique technology.
    We are looking forward to meeting you all in Spain at MaqPaper 2014.
    (MoveRoll Oy)
     
    25.03.2014   marks-3zet automates plate production logistics at Freiburger Druck    ( Company news )

    Company news Turn-key concept implemented for prepress

    Picture: The new plate production department at Freiburger Druck

    Excellent availability and utmost quality were the driving factors behind the plate production upgrade at Freiburger Druck GmbH & Co. KG, based in the Breisgau region of Southern Germany. Waterless coldset printing has already enabled the innovative newspaper printer (whose products include the daily “Badische Zeitung”) to tap into several additional business segments.

    Freiburger Druck has relied on waterless offset with a KBA Cortina press since 2006, making it one of the first printers to adopt this technology worldwide. In late 2013, the company decided to fully upgrade its plate production. This meant not only replacing the three heavily used CTP systems, but also implementing automated plate sorting and concentrating the production step on two modern high-speed lines, despite increased processing demands. At the same time, the plate processors, punching and folding lines, and a bi-level sorting facility with 100 delivery fans in broadsheet format were all integrated in the new workflow.

    An investment in project services

    For this extensive new investment, CEO Patrick Zuercher again decided to partner with a general contractor. The new concept, which combines high productivity and automated plate logistics, was developed in close cooperation with the system provider marks-3zet.
    Jochen Glaeser, project manager at marks-3zet, took the lead in implementing the project. Together with his project team, Glaeser completed numerous prepress projects in the market while at Illies Graphik. “We needed to ensure full plate capacity to feed the 6 towers on the double-wide Cortina during every phase of the renewal process,” emphasises Marco Rauber, technical manager at Freiburger Druck.
    The new sorting system processes the entire daily plate volume of about 2,300 plates based on a “just-in-time” principle for individual products. Volume adjustments are made for numerous start-ups on the Freiburger press. Daily production of the 21 regional editions of the “Badische Zeitung”, as well as a wide range of magazines, newspapers, catalogues and other commercial products can now be reliably processed with leaner staffing resources.

    Plate-on-demand

    marks-3zet has again successfully implemented its proven plate logistics concept in Freiburg, Germany, getting it ready for acceptance in record time. Interface adjustments were made between the page workflow and tracking system, and status communication was implemented for all plate production components.
    “Efficient production and optimal availability thanks to cascaded job handling have been seamlessly integrated in everyday job handling on our Cortina,” Managing Director Patrick Zuercher summarises.

    Continuous advancements for ultra-refined print quality

    Freiburger Druck strategically employs technological advancements to secure its competitive market position. The company values innovation and collaborates with its business partners on the development and introduction of new technologies. This was the case with the implementation of a coating device in the offset press, which further expanded the qualitative spectrum of the KBA Cortina.
    Future plans include introducing a quality management system and replacing the company’s mailing line.
    (marks-3zet GmbH & Co. KG)
     
    25.03.2014   conVerd Merges With FiberMark    ( Company news )

    Company news FiberMark (www.fibermark.com), a world-class fully integrated manufacturer and global distributor crafting its fiber based specialty materials in the U.S. and the U.K., announces that conVerd has agreed to a merger with FiberMark North America, Inc.

    Picture: Chris McInerney, FiberMark’s Senior Vice President of Sales

    conVerd is recognized around the world for being the leader in providing sustainable paper based print media solutions to the wide and grand format print markets. conVerd’s philosophy is to create and market products that exhibit superior print performance and fitness-for-use with an eco-friendly conscience. The word conVerd is derived from the Catalan words “con” meaning with and “verd” meaning green.
    conVerd will become a part of FiberMark’s wide and grand format ink jet business in which FiberMark’s wide format print product line will adopt the conVerd brand name. Paul Paulette, the current owner and President of conVerd, will join FiberMark as Vice President and General Manager of the new conVerd/FiberMark business unit.
    “This is a very exciting acquisition for FiberMark and it is a perfect fit with our existing wide format ink jet business” said Chris McInerney, FiberMark’s Senior Vice President of Sales. The conVerd product line and the FiberMark wide format ink jet product line are both US manufactured, PVC free and FSC® certified. The combined FiberMark-conVerd business will, unquestionably, be the leading provider of green, PVC alternative print media for the wide and grand format digital print markets.
    “The conVerd-FiberMark combination will enable conVerd to dramatically accelerate our growth opportunity” said Paul Paulette, the President of conVerd. Adding conVerd’s unparalleled product line and marketing acumen to FiberMark’s superior customer service, manufacturing and logistics capability will enable conVerd to grow at a rate that will give a meaningful and immediate boost to FiberMark’s top line.”
    The deal is expected to close in mid-April. The new conVerd division of FiberMark will exhibit at International Sign Association trade show in Orlando April 24 through 26.
    (FiberMark North America Inc.)
     
    25.03.2014   New management and service platform at Iggesund    ( Company news )

    Company news Picture: “It will become even easier to do business with Iggesund,” emphasises Annica Bresky, who became the new CEO of Iggesund Paperboard in the autumn. She has now had the time to shape her management team to ensure the company can continue to adapt. © Iggesund

    The paperboard manufacturer Iggesund Paperboard, part of the Holmen forest products group, is undergoing changes on several levels. Last autumn the company gained a new CEO, Annica Bresky.

    A university graduate in engineering, Bresky has roots in both Greece and the rural heart of Sweden’s Småland province. She was previously CEO of BillerudKorsnäs Karlsborg AB and before that she worked as production manager for Stora Enso Kvarnsveden’s most modern paper machine. When she took over the reins at Iggesund in October, the top positions of both of the company’s board mills were vacant, as was the position of company financial director. She has therefore had unique opportunities to shape a new management team that reflects the dynamism she wants to see within the organisation.

    “The market has changed and this process will continue,” she explains. “By working in an intelligent and more dynamic way we will be able to match our customers’ demands even better than before.”

    During the autumn Iggesund Mill gained a new manager, Olov Winblad von Walter, who comes from the top job at Metsä Board’s paper mill in Husum, Sweden. The new manager of Iggesund’s Workington Mill is the former financial director there, Ulf Löfgren. The new financial director is Tobias Bäärnman, who comes most recently from the consultancy Connecta but who has experience in fast-moving consumer goods with Mediamarkt, Procter & Gamble and Statoil. The management team has been further reinforced with Eva Thorén, the HR manager, and Anna-Lena Ström, the supply chain director.

    In addition to these changes, Iggesund will be tearing down walls within its sales organisation. Previously the company had separate teams for Europe and the rest of the world but now the global marketing and sales responsibility will be combined under the leadership of Arvid Sundblad.

    “For more than a decade we have seen the conversion of packaging for consumer goods move from western Europe to other parts of the world, mostly in the east,” Annica Bresky says. “Brand owners with headquarters in one part of the world can have the manufacturing of both their goods and packaging in another. This is globalisation in a nutshell and we must adapt to it.

    “Fifteen years ago Iggesund was the first Scandinavian forest products company to adapt its European organisation to the new conditions arising from the European Union. Now we simply need to take another step to ensure that we can live up to – and surpass – the service level required by our customers.”

    One of the prerequisites for further developing Iggesund’s service level is the introduction of a new business system – the backbone of all production and supply processes. Changing systems is a big step and countless tests have been done to ensure that the transition will be painless for customers.

    “Our customers’ development and needs are the starting point for our own continual process of change,” concludes Iggesund’s new CEO. “Doing business with us will become even easier. Iggesund has long been a fantastic company and we definitely have the strength needed to continue to be competitive in the future too.”
    (Iggesund Paperboard AB)
     
    25.03.2014   Customer Requests: CEPI recommends use of harmonised disclaimers for voluntary declarations ...    ( Company news )

    Company news ... in the European pulp and paper industry

    Companies are experiencing, in their daily customer contacts, requests for various declarations, frequently related to non-relevant topics and often totally misplaced. Answering such requests can cause misunderstandings with customers.
    In order to help companies give responsible and harmonised answers to their customers CEPI recommends a set of standard disclaimers to be routinely used depending on the type of request and on the individual discretion of each company. These disclaimers are recommended to be used routinely when signing declarations in reply to those requests, by inserting them in the declaration document. Using the same disclaimers across the pulp and paper industry will reduce the pressure of making unsubstantiated declarations and reduce reputation risks as well as the risk of possible financial claims for individual companies and the sector as a whole.

    i. These disclaimers are not intended to be used when such declarations of compliance are mandatory (required by law). These shall be prepared and issued mandatorily, following the forms and ways of releasing them as the legislation requires.

    ii. These disclaimers are intended to be used for voluntary declarations regarding statements attesting to the compliance with specific legislation or with qualitative and technical adaptations to non-binding technical standards. For such requests for voluntary declarations, three standard disclaimers are recommended by CEPI:

    a. Issuing a declaration on the absence of certain substances
    b. Refusing a declaration of compliance with non-relevant legislation
    c. Issuing a declaration of compliance with non-relevant legislation
    (CEPI aisbl)
     
    25.03.2014   ARCHROMA SHORTLISTED FOR THE CORPORATE WATER STEWARDSHIP AWARD ...    ( Company news )

    Company news ... TO BE AWARDED AT THE GLOBAL WATER SUMMIT 2014

    A prestigious agenda-defining annual conference, the Global Water Summit (Paris, France, April 7-8, 2014) brings together the highest level delegates from around the world: Ministers, top executives and best practitioners, to determine water’s key role in the future of sustainable economic growth.

    Archroma has been short-listed for the Corporate Water Stewardship Award 2014, part of the Global Water Awards, for its Sustainable Effluent Treatment (SET) facility based on zero liquid discharge, recently inaugurated at Archroma's dyes and chemicals production plant in Jamshoro, Pakistan.

    The nominated water stewardship projects have been carefully selected by Global Water Intelligence, the organizer of the summit, for demonstrating company-wide commitment to sustainable policy and real commercial return for the bottom line.

    The six nominated companies from a variety of industries will present at the event their initiatives and success stories in achieving water sustainable businesses. The companies will then be faced with questions from the audience and an expert panel of judges comprising of high level representatives from Veolia, the European Bank for Reconstruction and Development (EBRD), Pentair, the Alliance for Water Stewardship, CDP Supply Chain and WWF International. The winner and runner up of the Corporate Water Stewardship Award will then be determined by a live audience vote.

    "We are truly honored to have been shortlisted for the Global Water Award's Corporate Water Stewardship Award. Our sustainable effluent treatment facility based on zero liquid discharge in Jamshoro, Pakistan, started with the dream to save water, save the world, because every drop counts. We had the vision to safeguard the future of our company, our stakeholders and coming generations. As Pakistan is declared as water stressed country by global agencies, saving water resources becomes a prime responsibility to ensure the sustainability of operations, and moreover it is vital for the communities we live in and with,” comments Mujtaba Rahim, CEO of Archroma in Pakistan.

    "The attention the SET facility is currently receiving from the industry demonstrates that the deep-rooted commitment of our company to ecology and safety is the right path towards a sustainable future, not only for our own operations and industry but also for the generations to come. We are very proud to be among the most responsible companies who are paving the way”, adds Xander Wessels, Archroma’s CEO.
    (Archroma Management GmbH)
     
    24.03.2014   Edelmann presents itself through “Concepts” at interpack 2014    ( Company news )

    Company news Picture: Concepts by Edelmann – Future: Packaging as a brand ambassador with multimedia enhancement represents a key area in which Edelmann is presenting solutions at interpack. These include the so-called Touchcode. This element, which is invisibly applied in a printed image, transforms folding cartons, vial cards and leaflets into interactive media. Through the touch of a smartphone or tablet, the Touchcode brings digital content directly onto the display.

    “Concepts by Edelmann” is the lead topic for the international packaging group’s presence at interpack this year. Seven conceptual terms represent the system producer’s services. They depict the extremely varied market requirements of its customers in the Beauty Care, Health Care and Consumer Brands areas. Edelmann is thereby creating customer-focused transparency for its wide-ranging service portfolio by offering suitable services in terms of advice, production and process design for every individual customer need.

    Performance, Excellence, Security, Efficiency, Sustainability, Digital and Future are the seven concept and solution packages that Edelmann is using to present itself at interpack 2014. The international packaging group is thereby turning the focus to customer requirements, which it is looking at holistically and satisfying with services put together accordingly. “The tasks of packaging are complex. To ensure that convincing solutions are realised, the big picture has to be kept in sight”, says Edelmann Managing Director Dierk Schröder, describing the approach of “Concepts”. “Every solution package in itself or in combination with others is the basis for individual customer packaging. In connection with this, we rely on the dynamic process of creative further development.”

    The “Concepts” bring together services that are based on Edelmann’s technological, creative and process-oriented expertise. They include forms and finishes for successful presentation at the POS as well as construction, graphics and applications for therapy-supporting pharmaceutical packaging and the use of integrated components to make packaging part of multi-channel communication.

    Focussing on multi-channel communication
    Packaging as a brand ambassador with multimedia enhancement represents a key area in which Edelmann is presenting new developments at the world’s leading trade fair in Düsseldorf. These include packaging with an integrated 2.4-inch screen (40 x 50 millimetres). When the folding carton is opened, a video of up to 60 minutes in length is started automatically. Usage information or details regarding the origin of the products contained can thus be displayed vividly through moving images.

    Edelmann is opening up a new dimension to brand experience with electronic elements on packaging. Integrated LED lights illuminate attention-grabbing designs or impressively stage product benefits, like, for example, the flash on a camera. Sound elements round off the sensory experience. Folding cartons can, for instance, play product information or music when opened.

    Another development is the so-called Touchcode. This element, which is invisibly applied in a printed image, transforms folding cartons, vial cards and leaflets into interactive media. Through the touch of a smartphone or tablet, the Touchcode brings digital content directly onto the display. Contact-free data transmission using near-field communication is possible using a label integrated into the folding carton.
    (Carl Edelmann GmbH)
     
    24.03.2014   Voith delivers new board machine to India – TNPL calls on the competence of the market leader ...    ( Company news )

    Company news ... again

    The Indian paper manufacturer Tamil Nadu Newsprint and Papers Limited (TNPL) has again chosen Voith, as a competent partner for board and packaging paper production, to deliver its new BM 4 board machine in order to expand its existing product portfolio. TNPL has worked with Voith in the past, having already installed two Voith paper machines with which it is thoroughly satisfied.
    The mill will be based at a completely new location in Tiruchirappalli District, approx.100 km from the existing plant in Karur District of Tamil Nadu state. The start-up is scheduled for end of 2015. Since Voith is in a position to provide a very large part of the delivery scope for the plant, the Indian paper manufacturer can rely on speedy and simple project handling.
    “The technological know-how and reliability of Voith have already impressed us in the past,” says Mr. A. Velliangiri, Dy. Managing Director of Tamil Nadu Newsprint and Papers. He adds: “With the BM 4, we now want to produce coated board with the highest surface quality and deliver it to our customers. We are happy with Voith being partner for this Greenfield project. We are very satisfied with the course of the project so far and look forward to further collaboration.”
    The BM 4 is designed to produce coated board varieties like folding box board, white lined chipboard and solid bleached sulphate grades in a basis weight range of 180 – 450 g/m², on a wire width of 4,300 mm and at a speed of 600 m/min. The range of raw materials used will be very large: bagasse and wood pulp, DIP, Old Corrugated Containers and TMP.
    With Voith, Tamil Nadu has chosen the market leader in the area of board and packaging paper. The Indian company will profit from the experience gained by Voith from successfully proven components and modules in more than 110 board and 220 packaging paper machines worldwide. Included in the delivery is the approach flow system, broke treatment, the entire board machine with a DuoFormer D for the best formation and dewatering performance in the four-layer wire section and a Tandem NipcoFlex shoe press.
    A SpeedFlow film press, a hot hard nip EcoCal calender and a complete coating section and coating color kitchen are available for surface finishing the board. The machine is also equipped with a MasterReel winding system and a VariFlex winder. Furthermore, included in the delivery are the complete automation, the machine clothing, the auxiliary sections and services relating to assembly monitoring, start-up and training.
    (Voith Paper GmbH & Co KG)
     
    24.03.2014   Start-up of Toscotec AHEAD tissue machine at Samjung Pulp Co., Ltd    ( Company news )

    Company news Samjung Pulp Co. Ltd., an important tissue paper producer in the South Korea, at the beginning of 2014 has begun operating its new Toscotec tissue machine to meet demand in the conventional tissue products segment. The new line has been installed at the Pyeongtaeksi site.
    The new crescent former machine features a single layer headbox, a large nip TT SuctionPressRoll-SPR1430 working at 120 kN/m, a TT SYD-12FT Steel Yankee Dryer and the Pope reel TT Reel-P. The Toscotec scope of supply included also stock preparation high efficiency equipment, the Milltech thermal oil heated hood and Yankee steam & condensate system.
    Engineering, erection supervision, training and start-up assistance completed the Toscotec package.
    The new machine has a net width of 2,62 m and a design speed of 1700 mpm.
    Toscotec’s experience in energy-efficient systems was decisive for Samjung Pulp Co. Ltd in the selection of its supplier. Thanks to the strong cooperation between the two teams, the project has been successfully completed in a short time.
    (Toscotec S.p.A.)
     
    24.03.2014   FY 2013: Cham Paper Group achieves continued success    ( Company news )

    Company news - Further momentous milestones in the transformation programme reached - Strong demand for all strategically-important product groups - Italian mills on the rise, Carmignano benefits from adaption of the product range
    - Balance sheet bolstered, Group free of net debt; dividend of CHF 3.00 distributed
    - Papieri project progressing on schedule

    The 2013 business year has seen the Cham Paper Group reach further momentous milestones that form part of the company's comprehensive transformation programme, which began in 2011. The transfer of the company's key product groups from Cham to Italy has been successful, and the relevant processes have now been embedded. Both Italian sites have made substantial progress in terms of their profitability and competitiveness, and have come to form a stable industrial backbone for the Group. In Cham, CPG has been focussing on the development and manufacture of refined niche applications since Q2 of the year under review. Also, planning is on schedule for the widely-supported conversion of the industrial site at Cham into a new neighbourhood, and the project is now taking shape.
    As a result of the paper machines in Cham being taken out of service at the end of June 2012 and March 2013, net turnover fell as expected by 17.3% to CHF 231.3m (CHF 279.7m). Sales volumes were down by 19%, with 151,000 tonnes (187,000 tonnes) of speciality paper sold. In the strategically-important product groups, however, sales continued to rise. Despite the challenging transfer and associated costs and outlays, operating profits in Italy proved rather promising. The sale of the Italian sites that was announced in the summer and cancelled in November had a one-off negative effect, resulting in associated costs of approximately CHF 1.5m. EBIT for the 2013 business year amounted to CHF 3.2m (the same as the previous year) and net profit totalled CHF 0.4m (up from -1.2m in the preceding year). Free cash flow in the year under review achieved CHF 16.7m (CHF 8.1m in the previous year). The Group reduced net debt by a further CHF 21.6m, meaning that the Group is now free of net debt and has cash reserves of CHF 53.4m.

    Carmignano benefits from adaptation of the product range, Condino continues to grow
    The two production sites, in Carmignano and Condino, developed in 2013 as anticipated. Recorded sales were over 11.3% higher than in the previous year, despite the extensive tests with Innerliner papers in Carmignano that initially tied up considerable resources and capacities. Following the successful relocation, the site was able to sustainably optimise its product mix during the subsequent months. In Condino, demand for our chief product, Glassine, increased again to reach a good level.

    Strong demand for strategically-important product groups and a full development pipeline
    Consumer Goods: Following the successful transfer of Tobacco Papers to Carmignano, we have been working on a range of innovative Innerliners for this segment. The 'Innerliner Leaf' can be composted and at the same time is extremely suitable for the new drying systems on our coating machines. What is more, the Labelcar product series, used to produce beer labels for example, received certification for metallisation during the year under review. It is increasingly common for wet-strengthened labels to be metallised, generating strong market growth in this segment. Our Development division is also working flat out to convert a proportion of the papers for the Flexible Packaging segment to lower grammage.
    Industrial Release: Sales in the Glassine product group increased dramatically once again. The strongest growth was in Glassine tape. Manufactured in Condino, this product takes the form of high-quality papers used to produce adhesive tapes. Condino is well placed to build further on our success in this segment. The focus of our market strategy will also increasingly lie upon specialities in the field of Process Liners. The Cham Paper Group not only manufactures Silicone Base Papers, but also siliconises it itself. Applications range from packaging for adhesive products to process liners used in the manufacture of a variety of plastic materials. A full development pipeline has been put in place for this segment. In addition to sophisticated base papers for the coating plant in Cham, papers coated on a single side for reflective signs and labels, in particular for car registration plates, are developed here.
    Digital Imaging: We successfully continued our growth trajectory in Digital Imaging. Transjet Sportsline - used for digital sublimation printing on sports textiles - experienced a particularly strong increase in sales. The development of two new products has been completed, expanding the product range in Transfer Printing: Transjet Boost for the new high-speed inkjet printers and Transjet ECO for the new markets in Asia and South America. The next stage of development, achieving lower grammage for the fashion industry, is already underway. The Graphics sector has also welcomed a new product to market: Promoprint is the first matt inkjet paper of a new product family, developed especially for high-speed inkjet printers. Further products with a glossy finish are under development.
    Barnamic: The market launch of Barnamic continued to be a high priority for the Group. Used as a stand-alone packaging solution or as a part of composite material, these barrier papers are suitable for a variety of food and non-food applications. Projects with selected key clients were pursued further, enabling considerable quantities to be sold for the first time in Q4. Now it is a case of bringing the scale-up phase to a successful conclusion and clearing the way for the roll-out of Barnamic in serial production. In the meantime, the development team is working relentlessly to develop the Barnamic product portfolio. The focus, in addition to introducing new products, is to use 100% natural, sustainable raw materials.

    Restructuring frees up more resources and bolsters the balance sheet The restructuring of the Cham Paper Group also freed up some financial resources in the 2013 business year. Thanks to the further reduction of net working capital by 26.2% and stringent cost controls, we were able to achieve a free cash flow of CHF 16.7m. Furthermore, 35,000 shares from the Group's own stock were placed with investors at market prices by year-end, meaning that the company accrued an additional CHF 7.7m. Despite paying out dividends worth CHF 2.1m in May 2013, the Group was able to reduce its net debt by a further CHF 21.6m. The Group is now free of net debt and has cash reserves of CHF 53.4m. Our equity ratio rose from 40.7% in 2012 to 46.3% by the end of 2013.

    Strengthening the social partnership in Italy
    The sale of the Italian paper mills in Carmignano and Condino to the Delfort Group, announced on 15 July 2013, collapsed after talks concerning future contractual conditions between the buyer and the Italian employees' representation in Carmignano proved unsuccessful. At the end of November, the local factory management came to an economically viable and progressive consensus with the employees. The new agreement, which was approved by the General Assembly of Employees, enables a significant expansion of the flexibility of the site in terms of its operating hours, especially on weekends, while retaining the current remuneration models. The agreement was reached as a result of the strong desire of all parties to see the successful restructuring of the Cham Paper Group secure a significantly improved market position of the plant in Carmignano in the long term. Consequently, both sites in Italy remain under the ownership of the Cham Paper Group. Thanks to the comprehensive restructuring of the Cham Paper Group in the last two years, they are well positioned.

    Continued streamlining of management
    In the wake of the completion of the Group's comprehensive transformation, it was found that the management structure could be further streamlined, and the Executive Committee was disbanded at the end of November 2013. The three site managers at Carmignano, Condino and Cham now report directly to the delegate of the Board of Directors, Urs Ziegler. At a Group level, Urs Ziegler will continue to be assisted by Luis Mata, Head of Finance & Controlling, and Franziska Stöckli, Head of Corporate Services.

    Papieri site: vision set out and urban development study commissioned The Cham Paper Group and the Commune of Cham are currently working together on the conversion of the factory site once it is vacated. The most important Cham stakeholder groups and local communities have been involved in the collaborative planning process. In the first half of the year, the vision and the guidelines derived for the new district were set out, which were fully approved with public involvement. Since October 2013, four qualified architectural firms have been carrying out an urban development study, and the initial results look promising. The final outcome will be presented in Q2 2014, forming the basis for the subsequent production of the plans. Voters in Cham are then expected to decide in the first half of 2015 on the rezoning necessary to carry out the project.
    The costs of the development and planning process of the Papieri site will largely be covered until 2015 by income from temporary leasing and the operations of Cham Paper Solutions. A number of new tenants have moved onto the Cham site in the last 18 months, in view of the high demand for offices, storage space and parking.

    Proposals to the General Assembly
    By concentrating base paper production in Italy, we have freed up financial resources, which the Board of Directors has utilised to reduce liabilities to banks and wants to return to shareholders. The Board therefore recommends a dividend of CHF 3.00 per share in the form of a tax-friendly return of capital.

    Outlook
    The Board of Directors is confident about the continued profitable growth at the sites in Italy. The small, but highly innovative, unit in Cham still has to prove its worth in the market. Sales must increase substantially if we are to become sustainably profitable by 2015. Until then, we will continue production on the existing site, and subsequently the equipment must be moved to a new location.
    (Cham Paper Group Schweiz AG)
     
    24.03.2014   Pulpaper 2014 Helsinki - Event News     ( Company news )

    Company news On 3-5 June we open the doors to the 8th edition of one of the world's premier and most influential events for the global pulp, paper, board, converting and bio based industries. This is your chance to visit the industry gathering of the year, last time featuring 625 exhibitors and attracting over 12000 visitors from 63 countries. Influencing the whole event is the 100th anniversary of the Paper Engineers' Association, click here to read more about the spectacular celebration and gala evening in the Helsinki Music Centre. Several new features can be found on the exhibition floor, one of them being the PulPaper After Work . Contact Adforum if you are interested in one of the last attractive exhibition stands.

    Current burning issues discussed during the top level PulPaper international conference
    PulPaper is incomparable with other events when it comes to the outstanding quality of the conference programme, Biofuture for Mankind and the 2014 IMPC International Mechanical Pulping Conference.
    During the three days of the Biofuture for Mankind conference, the most burning issues of today's industry will be discussed. The Thursday sessions offer interesting talks on Biobased materials and print across societies, where the future for paper and print as well as future packaging material will be dealt with and concluded with a panel discussion on the theme 'Is there future for print?'. The scientific conference of IMPC circulates between the different continents and is this year conveniently running parallel to the main PulPaper conference.

    Two-day excursion to Jyväskylä - VTT and Valmet
    Take this uniquie opportunity to learn about the world’s most advanced fibre technology & foam forming research and piloting facilities. The excursion includes a dinner cruise on beautiful Lake Päijänne on the Thursday evening and visits to VTT and Valmet on the Friday. Bus transportation to and from Helsinki is arranged and a hotel night is included in the offer.

    Exhibiting at PulPaper 2014: MoveRoll Oy to launch a revolutionary kicker and receiver
    Being a global supplier of roll handling equipment with the main focus to develop new innovative solutions for the pulp and paper industry, MoveRoll has designed a unique concept that makes roll handling in paper mills easier, safer and more cost effective.
    - During the last two years MoveRoll Oy has been developing a new kicker and receiver which are absolutely revolutionary for the market, saving energy up to 75% comparing to the traditional units, says MoveRoll CEO Mikko Rantanen. MoveRoll units will offer more safety and other features which will be revealed during the product launch at PulPaper 2014. At the event, we expect to extend our network and receive feedback helping us to continue develop new innovative solutions fulfilling our customers needs, Rantanen concludes.
    (Adforum AB)
     
    24.03.2014   Holmen Annual report 2013    ( Company news )

    Company news THE GROUP’S OPERATING PROFIT excluding items affecting comparability was SEK 1 209 million in 2013, corresponding to a return on capital employed of 4.5 per cent. The weaker result was due to a stronger Swedish krona, lower selling prices for printing paper and production disruptions at Iggesund Paperboard. Investments decreased to SEK 869 million, around half of which consisted of payments for a new recovery boiler at Iggesund Mill and a new biofuel boiler in Workington. Cash flow after investments amounted to SEK 1 142 million and the dividend paid was SEK 756 million. Net financial debt decreased by SEK 474 million to SEK 6 116 million, giving a debt/equity ratio of 0.29. The Board proposes a dividend of SEK 9 per share.

    THE MARKET for printing paper continued to weaken in 2013 and demand in Europe fell by 5per cent, resulting in lower selling prices. European demand for paperboard rose by 4 per cent, while the market for sawn timber was weak. Demand for pulpwood was normal, whereas demand for timber increased somewhat. Inflow into Holmen’s reservoirs was weak during the year and production was 10 per cent lower than normal.

    OPERATIONS IN 2013
    Deliveries from Holmen Paper for 2013 decreased by 5 per cent to 1 574 000 tonnes as a result of production curtailments and shut-down of capacity in the autumn. Deliveries of the strategic products MF Magazine and book paper, which now account for half of the sales, increased by 10 per cent.
    Holmen Paper’s operating loss for 2013 was SEK -309 million (94), excluding items affecting comparability. The fall in profit was due to lower selling prices, a stronger Swedish krona and lower volumes as a result of production curtailments. Costs decreased during the year as a result of rationalisations and lower wood prices.

    OUTLOOK.
    The market for printing paper is challenging, with structurally declining demand. However, the market balance for newsprint was good at year-end and price increases have been able to be implemented.
    Holmen Paper is continuing to make the transition towards speciality paper and is also reducing costs. The market situation for paperboard is good. Following fine-tuning of its two major boiler investments, Iggesund Paperboard has achieved a good production and cost level. The market for sawn timber improved somewhat over the year, but overall it remains weak. Holmen Timber continues to increase its rate of production, but is limited by high raw material costs in southern Sweden.
    Harvesting in the Group’s forests is following applicable harvesting plans, but dealing with windthrown forest will lead to a temporary increase in costs. Holmen Energi is being negatively affected by the successive impact of lower market prices.
    (Holmen AB)
     
    24.03.2014   PMP Group successfully implements 1st Intelli-Nip® Shoe Press in China    ( Company news )

    Company news After successful deliveries of 29 hydraulic headboxes and 10 tissue machines within the last 8 years to China, PMP Group (a global provider of paper and tissue technology) was proud to sign last year another contract with one of Chinas leading paper producers - Jiangsu Changfeng Paper Co., Ltd. This time however, for a technologically advanced, next generation shoe press – PMP Intelli-Nip®.
    Jiangsu Changfeng Paper Co., Ltd is a part of the Jiangsu Changfeng Group that employs over 650 people. The main product of the company is fluting paper with different specification, which can reach the requirements of different customers. Jiangsu Changfeng Paper Co., Ltd is also known for producing testliner (3-ply, 90 – 220 gsm). Due to their high efficiency equipment and technology, their products are currently exported to southeast Asia, Middle East and Africa.
    After the installation of (3) three PMP Intelli-Jet V® hydraulic headboxes and PMP Intelli-Sizer® Size Press, with metering heads, on PM#3 (reel trim 4860 mm), PMP Group has started-up in Jiangsu Changfeng Paper Co., Ltd, on March 14th 2014 at 5:15 PM (GMT +8), another key technological unit - Intelli-Nip® Shoe Press. This time project goals are focused on increasing the PMs capacity, by increasing the operating speed from 800 to 900 mpm (almost 13% capacity increase). Another target is to significantly improve quality parameters of the final product (especially its strength) and machine runnability. The installation of highly advanced technology will help JCP to build a significant, competitive advantage.
    (PMPoland S.A.)
     
    24.03.2014   2 DAYS AT MIAC TISSUE BUSINESS POINT!    ( Company news )

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

    A new business concept created to promote, in a single place and in just two days, the world of tissue paper (Technology, Machinery, Equipment and Finished Product are the protagonists of the event).

    - THE EXHIBITORS
    You can meet more than 70 Exhibiting Companies. Visiting MIAC Tissue Business Point means obtaining a full overview in the technology and product in the world of tissue paper.

    THE CONFERENCE
    MIAC TISSUE PANORAMA Conference involves 4 sessions with the participation of independent experts outlining trends and prospects of the tissue paper market plus technical and product presentations by the Participating Companies. Participation is free of charge. Simultaneous translation is available.

    - FREE INVITATION TICKET
    The entrance at MIAC TISSUE BUSINESS POINT is free of charge. It is possible to download the free Invitation Ticket in PDF format directly
    from the Exhibition website.

    - THE HOTELS
    In the website is present a list of Hotels located in Lucca area. It is possible to view an Hotel Presentation Card for each Hotel. Besides, each Hotel is linked to its own website. After you have chosen your favorite Hotel, you can contact directly the Hotel in order
    to book your accommodation.
    (Edinova Srl)
     
    21.03.2014   1 More Month To Go! Asian Paper 2014    ( Company news )

    Company news Why Visit Asian Paper 2014?
    • Enjoy one-stop sourcing for professionals working across the Pulp, Paper & Board Industry
    • Establish business relationships with over 170 international exhibitors from more than 25 countries
    • Discover the latest exhibits, conference content and technical presentations to enhance your business!

    Senior Management Symposium (SMS) 24th – 25th April
    This symposium is the perfect opportunity to find out what is happening in the region, as well as the rest of the pulp and paper world. Get the latest in industry outlook, consumer & purchasing trends, development in process and energy saving technology, an optimisation of cost and quality to achieve scalable businesses.

    New Applied Technology (NAT) 23rd – 25th April
    The New Applied Technology (NAT) conference brings hundreds of managers, engineers, technicians and researchers from throughout Asia to exchange ideas and viewpoints on numerous technical issues facing pulp and papermakers today.

    Special Event – Mill Visit 22nd April
    Get a first-hand look at the operational procedures of the top paper mills in Thailand! Gain valuable insights and inspect all stages of the paper making process, cutting edge technology and systems in operation.
    This year, we are honored to partner with Fiber Pattana, who generously open their mill up for the delegates of Asian Paper 2014!
    (UBM Asia Trade Fairs Pte Ltd)
     
    21.03.2014   QuadTech Bolsters Packaging Position with Appointment of Stephan Doppelhammer as ...    ( Company news )

    Company news ... Market Manager for Packaging

    Further QuadTech investment in the packaging market offers consistent print quality, profitability and reduced waste for converters

    QuadTech announces the appointment of Stephan Doppelhammer (photo) as global Market Manager for Packaging, demonstrating the company’s commitment to extending the benefits of its color control and inspection solutions to the packaging sector.
    Mr. Doppelhammer’s new position will see him focus on business development for packaging converters in adopting strategies for success and profitability, and help them meet the demands of international brand customers.
    Stephan Doppelhammer comments: “While the packaging sector has weathered the recession well, margins have become tight. With the globalization of brands, the desire for a consistent image worldwide is now a given, no matter the application or print method used. Add modern logistics which utilize distributed print models and just-in-time deliveries, and there are a host of new pressures for converters to confront.
    “The packaging industry can benefit from QuadTech’s solutions especially in terms of color control,” Doppelhammer continues. “Packaging converters have traditionally trusted the stability of their presses and inspected manually, but rules for packaging print quality are changing. Using our expertise in color control for commercial print, we are ideally placed to provide the same market leading expertise and equipment to converters. This is crucial in ensuring not only color consistency, but reduced waste and the all-important profitability.”
    Stephan Doppelhammer joined QuadTech in 2009, serving as Area Sales Manager for commercial, newspaper, gravure and packaging applications. Having worked as a Technical Key Account Manager for Flint Group early in his career, Stephan has a strong background in packaging and an appreciation for the technology and the broader business picture.
    With consumer habits changing, the implications for retailers and specifically, packaging converters, are clear: production needs to be streamlined with quality consistently high and waste kept to a minimum. QuadTech’s solutions are aimed at achieving these goals.
    QuadTech’s closed-loop register and color control solutions reduce waste on flexible packaging, folding carton and converting presses,while a QuadTech Inspection System will detect both process and random faults. Savings made by removing defective copy prior to finishing can improve margins on all jobs and contribute to increased productivity.
    “Stephan’s hands-on knowledge of the issues faced by packaging production teams as well as by sales, marketing and strategic business development personnel, gives him the breadth and depth of experience for this new role,” said Karl Fritchen, President, QuadTech. “This widening of our focus to bring a higher level of quality assurance to packaging converters is an import strategic move for QuadTech—and Stephan’s appointment is a key part of its implementation.”
    (QuadTech Corporate Headquarters)
     
    21.03.2014   Annica Gerentz joins Södra as Director of Communications    ( Company news )

    Company news Annica Gerentz (photo) has been appointed as Sodra's new Director of Communications and will be taking up her post on 1 May. She will be a member of Södra's Group Management team and will report to Group President and CEO Lars Idermark.
    Annica Gerentz has an MBA from the University of Stockholm and wide-ranging communication and leadership experience. She joins Södra from Neuman & Nydahl in Stockholm, where she has been working as a management consultant. Before that she spent eleven years at construction and property development company NCC as Senior Vice President of Corporate Communications and Group Management member 2004-2011. Annica Gerentz also worked in the media for many years, principally as a business journalist. She has worked for Dagens Industri, Nyhetsbyrån Direkt and Börsveckan, where she was also Managing Director.
    Magnus Berg, who is Södra's current Director of Members and Communications, will continue in his role as Director of Members and Group Management member.
    (Södra Cell AB)
     
    21.03.2014   Metsä Board increases prices for uncoated fine paper from mid-April 2014    ( Company news )

    Company news Due to strong demand of uncoated fine papers Metsä Board increases prices for all its uncoated fine papers (WFU) in Europe at least 50 Euros (40 GBP) per tonne. This will take effect for all deliveries invoiced from 14th April 2014.
    (Metsä Board Corporation)
     
    20.03.2014   Sappi announces Glen Pearce to succeed Steve Binnie as Chief Financial Officer    ( Company news )

    Company news Sappi Limited is pleased to announce that Glen Pearce, currently the Chief Financial Officer of Sappi Europe SA, will be appointed as Chief Financial Officer (CFO) and join the Sappi Limited Board as an Executive Director on 01 July 2014. As announced previously, Steve Binnie, the current CFO, will succeed Ralph Boëttger as CEO on that date.
    Glen Pearce (50) was appointed as CFO of Sappi Europe SA in 2008. He has been with Sappi for 18 years. Prior to his current role, Glen occupied various senior management positions within the Sappi group in South Africa and Europe. He is a Chartered Accountant and holds a BComm degree from WITS University and a BComm (Hons) degree from UNISA.
    Commenting on the announcement, Sappi Chief Executive Officer, Ralph Boëttger, said: “I am very pleased that our robust succession planning process has enabled us to appoint a strong internal candidate. Glen’s in-depth knowledge of Sappi and his sterling track record will serve the company well on its path towards strong growth and profitability.”

    Additional information on Glen Pearce:
    -He holds a BComm degree from WITS University in Johannesburg and a BComm (Hons) degree from the University of South Africa (UNISA).
    -He is a chartered accountant, CA(SA)
    -Completed his articles at Ernst & Young
    -Started his career as group accountant and finance manager of Murray and Roberts (1992-1996)
    -Joined Sappi Limited in 1997 as financial manager
    -Joined Sappi Forest Products as financial manager in 1999
    -Promoted to financial director of Sappi Fine Paper South Africa in 2001
    -Moved to Brussels in 2004 to become accounting director for Sappi Fine Paper Europe
    -Appointed as CFO and IT Officer of Sappi Europe SA in April 2008
    (Sappi Limited)
     
    20.03.2014   Sustainable European paper and board industry    ( Company news )

    Company news CEPI (Confederation of European Paper Industries) has published its latest report on the sustainability of the European pulp, paper and board industries. It shows that the whole industry, including cartonboard packaging, is focusing on innovation and resource efficiency while advancing the bio-based economy.
    Furthermore, the European industry continues its good record on its environmental performance in a number of key areas, including energy, recycling and water use.
    The industry has become more self-sufficient in the use of energy. Today, 95.2% of electricity is produced on-site in paper mills using the energy-efficient combined heat and power method, and mills' energy consumption has fallen by 4.7% in the last two years. The consumption of biomass – based energy has increased in recent years, driven by the installation of new biomass boilers in mills, so that now 56% of the energy used is bio-energy. Using bio-based products replaces the use of fossil fuels. As a result, the industry has reduced its CO₂emissions per tonne of product by 43% since 1990.
    The European pulp and paper industry also uses residues from papermaking to produce renewable energy and this transformation of residues into useful products is an important example of the operation of a circular economy – a key aim for the European Commission's policy makers.
    Europe is the global paper recycling champion. In 2012, almost 58 million tonnes was recycled within Europe: an all time record. In percentage terms, 71.7% of paper was recycled in 2012 and in 2011, 81.3% of packaging paper and board was recycled.
    The environmental credentials of cartons are underpinned by the use of cartonboard whose wood raw material comes from sustainably managed forests. In Europe, not only are they a renewable resource but new growth exceeds the wood harvested. Thus, Europe's forests have grown by 512,000 hectares from 2005-2010, and forests today are over 30% larger than in the 1950s. The paper and board industry cares for the forests and promotes the use of certification systems to demonstrate and maintain sustainable forest management.
    Water is fundamental to pulp and paper manufacturing. In 2012, the pulp and paper industry within CEPI member countries, withdrew approximately 3.71 million cubic tonnes of water from surface and ground water sources, of which 92.3% was returned to surface water supplies cleaner than before.
    The forest products industry uses large volumes of water, but as the percentage quoted above shows, only a small part of this water is "consumed" - which can be defined as water bound up in products and waste. Water that escapes from the production process is also considered to be consumed, but the huge amount remaining can be reused.
    The pulp, paper and board industry in Europe is truly European. 82% of raw materials are sourced in Europe from responsibly managed forests, from paper collected for recycling and from engaging with Europe-based mineral and chemical suppliers. No tropical rainforests are destroyed to produce paper and board, including cartonboard, in Europe. The cartonboard packaging industry is an integral part of this European resource-efficient, bio-based industry which takes care to safeguard the environment.
    (Pro Carton)
     
    20.03.2014   FORTRESS PAPER ANNOUNCES FOURTH QUARTER 2013 RESULTS    ( Company news )

    Company news Fortress Paper Ltd. (“Fortress Paper” or the “Company”) reported 2013 fourth quarter EBIT DA loss of $9.4 million. The Dissolving Pulp
    Segment generated EBITDA loss of $10.8 million and the Security Paper Products Segment generated EBITDA of $2.7 million. Corporate costs contributed $1.3 million to EBITDA loss.
    Chadwick Wasilenkoff, Chief Executive Officer of Fortress Paper, commented: “The 2013 year proved to be very challenging for Fortress Paper. Positive developments throughout the year were overshadowed by the disappointing financial results from the Dissolving Pulp Segment.
    As we enter 2014, we believe that we are making progress on numerous initiatives and are confident that we are on the right track to overcome remaining obstacles. I would like to thank the entire team at Fortress Paper for their perseverance and commitment throughout a difficult year.”
    Early in the fourth quarter of 2013, the Fortress Specialty Cellulose mill reached a significant milestone for the reduction of the overall cost structure at the mill when the cogeneration facility project was successfully completed and delivering power to the Hydro Québec grid at the contracted commercial rate. Also, the Fortress Specialty Cellulose mill realized its swing mill capabilities producing 12,889 air dried metric tonnes (ADMT) of northern bleached hardwood kraft (NBHK) pulp early in the quarter. The
    mill sold 6,758 ADMT of NBHK pulp inventory in the fourth quarter of 2013 and 6,950 ADMT of NBHK pulp inventory subsequent to December 31, 2013. Despite these developments, the results for the Dissolving Pulp Segment reflect a combination of the following:
    -A seven day planned maintenance shut-down in October.
    -A 13% interim duty imposed by China’s Ministry of Commerce (“MOFCOM”) on the import of dissolving pulp into China from the Fortress Specialty Cellulose mill (Thurso) and possibly a 50.9% interim duty on the import of dissolving pulp into China from future output from the Fortress Global Cellulose mill (Lebel-sur-Quevillon) if it were to be converted to be able to produce dissolving pulp.
    -As a result of the 50.9% MOFCOM interim duty imposed on the import of future dissolving pulp into China, a $32.9 million impairment was taken against the Fortress Global Cellulose mill assets.
    -The duty imposed also resulted in a build-up of dissolving pulp inventories and consequent $3.7 million write-down to fair market value.
    -A decision to take market downtime in mid-December for approximately 10 weeks as a result of market pricing for NBHK being insufficient for sustained production.
    -A five day shut-down in early December as a result of a digester issue, which has since been resolved.

    The Security Paper Products Segment experienced a second consecutive EBITDA positive quarter. Sales, volumes and revenues were significantly higher relative to any quarter in 2012 and 2011. The Landqart mill continues to implement new initiatives to improve efficiencies and profitability.
    (Fortress Paper Ltd)
     
    20.03.2014   Kemira announces price increase for paper colorants in EMEA    ( Company news )

    Company news ​Kemira will implement a price increase of up to 20 % for selected paper colorants in Europe, Middle-East and Africa. The adjustment will be immediately implemented or as the existing contracts allow. The price adjustment is a result of increases in all major cost drivers including raw materials, energy and transportation.
    Kemira has continuously rationalized operations and reduced fixed costs, but has now reached a point when a price increase for selected colorants is necessary to secure our position as a strong paper chemicals supplier.
    (Kemira, Paper Segment)
     
    20.03.2014   UPM prepares its own PEFC certification group    ( Company news )

    Company news Picture: Pekka Rajala, Director Stakeholder Relations, North Europe Forest Issues at UPM

    UPM is expanding its certification services in Finland and is preparing an application of its own PEFC™ group certificate in 2014. This gives UPM's forest owner customers a new opportunity to achieve a certificate for sustainable forestry as a member of UPM's certification group.

    ”For forest owners, joining UPM's PEFC certification group is easy, safe, cost-efficient and risk-free,” says Eija Kuusisto, Manager, Key Customer Relations at UPM. ”The administrative procedures related to the certification are managed by UPM on behalf of the forest owners. Members of the certification group will be informed of changes regarding the certification, and they can rest assured that forestry practices and harvesting are done according to PEFC requirements.

    ”The requirements of our end product customers, concerning the source of the wood, are continuously becoming more demanding. Therefore, it is important for us to be able to provide our customers with products made from certified wood,” says Pekka Rajala, Director Stakeholder Relations, North Europe Forest Issues at UPM. ”We aim to increase the use of certified wood in our end products and to promote and use all reliable forest certification schemes.”

    The forest certification and chain of custody management system combined prove that wood used in products comes from sustainably managed forests. The adherence to this chain can be proven all the way down to customers who buy the end products.

    ”By applying our own PEFC sertification group we aim to be emphases the importance of forest certification and to increase the appreciation and use of PEFC through our own actions”, Pekka Rajala continues. “ it is important that PEFC certification is an essential part of Finnish forestry also in the future.

    ”The PEFC certification scheme has been widely used in Finland for over 15 years, and at almost 95% of our current managed forests are PEFC certified. UPM has been involved in the PEFC scheme from the beginning and is familiar with its requirements. Therefore, the threshold for implementing UPM's own group certification is low,” says Eija Kuusisto.

    UPM monitors the origin of all the wood it acquires. The amount of certified fibre used in UPM's products was 80% globally in 2013, whereas in Finnish mills the figure was 83%.

    All of UPM's forests are certified. In Finland, all of them are PEFC certified and approximately half of them FSC®certified (FSC® C109750). In Minnesota, USA, all the forests are SFI certified, and in the United Kingdom and Uruguay the forests are both FSC and PEFC certified.

    For further information, please contact:
    Pekka Rajala, Director Stakeholder Relations, North Europe Forest Issues, tel. +358 400 269 533
    Eija Kuusisto, Manager, Key Customer Relations, tel. +358 400 156 284
    Sami Oksa, Environmental Manager Wood Sourcing and Forestry, tel. +358 040 560 3474
    (UPM)
     
    20.03.2014   LANXESS publishes results for fiscal 2013    ( Company news )

    Company news - Full-year 2013 sales fall by nine percent to EUR 8.3 billion
    - EBITDA pre exceptionals declines by 40 percent to EUR 735 million
    - Group net loss of EUR 159 million impacted by impairment charges
    - Proposed dividend of EUR 0.50 per share
    - Q1 2014 EBITDA pre exceptionals expected to be around EUR 200 million

    Picture: LANXESS Tower - Corporate Headquarters

    In what remains a difficult competitive environment, specialty chemicals group LANXESS expects EBITDA pre exceptionals of around EUR 200 million for the first quarter of 2014. In the prior-year quarter, the company posted EBITDA pre exceptionals of EUR 174 million that was burdened by several factors including start-up costs.

    LANXESS also confirmed the preliminary figures for fiscal 2013 published on February 26, 2014.

    Sales fell by nine percent against the prior year to EUR 8.3 billion. This development was primarily due to lower selling prices in the Performance Polymers segment resulting from declining raw material prices and the challenging competitive situation. EBITDA pre exceptionals decreased by 40 percent year on year to EUR 735 million and was thus within the guided range of EUR 710 million to EUR 760 million. This was also attributable to an increase in production-related costs and negative currency effects. The slight increase in volumes could not compensate for the decline in earnings. The Group's EBITDA margin pre exceptionals fell to 8.9 percent from 13.4 percent in 2012.

    In the fourth quarter of 2013, Group net income was impacted by impairment charges of EUR 257 million in the Performance Polymers segment (business units Keltan Elastomers and High Performance Elastomers) and the Performance Chemicals segment (business unit Rubber Chemicals), as well as by exceptional charges of some EUR 30 million brought forward for the “Advance” efficiency program. These resulted in a net loss for the full year of EUR 159 million, representing earnings per share of minus EUR 1.91. In 2012, Group net income amounted to EUR 508 million, with earnings per share of EUR 6.11.

    "Behind us lies a challenging year," said LANXESS Chief Financial Officer Bernhard Duettmann. "Negative effects were the volatile raw material prices and increasing competition, especially in the synthetic rubber business."

    The company will propose to the Annual Stockholders’ Meeting on May 22, 2014, that a dividend of EUR 0.50 per share be paid for 2013. This would result in a total dividend payment of around EUR 42 million. A dividend of EUR 1.00 per share was paid for 2012.

    Cash outflows for capital expenditures declined to EUR 624 million, compared with EUR 696 million a year earlier. Operating cash flow decreased against the prior year to EUR 641 million, a business-related decline of EUR 197 million. Net financial liabilities increased by EUR 248 million from the previous year to EUR 1.7 billion. "In the fourth quarter, we were able to reduce net debt by EUR 91 million compared to the prior quarter on account of our strict working capital management," said Duettmann.

    Business development by region

    Sales in the Asia-Pacific region were virtually level with the prior year, decreasing by around three percent to EUR 2.1 billion. The Performance Polymers and Performance Chemicals segments achieved operational growth in the low- to mid-single-digit percentage range. LANXESS saw a pleasing development in Greater China, exceeding the sales threshold of EUR 1 billion as in the previous year. The share of the Asia-Pacific region in Group sales increased to 26 percent.

    Sales in the EMEA region (excluding Germany) receded by around five percent to EUR 2.4 billion. This region's share of Group sales increased to 29 percent.

    In Germany, LANXESS posted sales of around EUR 1.5 billion, almost eight percent below the prior-year figure. This country accounted for 17 percent of Group sales.

    Sales in North America were around 17 percent lower than in the previous year, at EUR 1.3 billion. The region thus contributed 16 percent to Group sales.

    In the Latin America region, sales declined by almost 19 percent to EUR 1 billion. This region's share of Group sales decreased to 12 percent.

    In the BRICS countries (Brazil, Russia, India, China and South Africa), sales fell by around seven percent to EUR 2 billion. Their share of Group sales remained at 24 percent.

    Business development by segment

    In the reporting year, sales in the Performance Polymers segment declined substantially by around 13 percent to about EUR 4.5 billion. A persistently difficult market environment coupled with significantly lower and volatile prices for raw materials, especially butadiene, resulted in a negative price effect of 15 percent. Currency effects also had a negative impact. Volumes increased by around four percent, due in part to capacity expansions in the Butyl Rubber and High Performance Materials business units.

    EBITDA pre exceptionals for the segment shrank by some 52 percent to EUR 389 million. Earnings were also hampered by inventory devaluations, destocking and start-up costs for the new butyl rubber plant in Singapore, alongside declining selling prices and negative currency effects.

    The Advanced Intermediates segment recorded sales of EUR 1.6 billion in 2013, slightly below the prior-year level. An increase in selling prices compensated for the slight decline in volumes. Exchange rates had a negative effect. Both of the segment's business units saw stable demand for agrochemicals in particular.

    EBITDA pre exceptionals decreased by around six percent to EUR 286 million. Higher selling prices and lower raw material costs were counteracted by lower volumes, higher production costs and negative currency effects.

    Sales in the Performance Chemicals segment dipped slightly in 2013 by around three percent to EUR 2.1 billion. This was attributable above all to unfavorable currency effects of three percent and slightly negative price and volume effects.

    EBITDA pre exceptionals declined by 18 percent year on year to EUR 231 million. This was attributable above all to increased production costs and slightly higher raw material prices alongside decreasing volumes, lower selling prices and unfavorable exchange rates.

    “Advance” efficiency program

    Within the context of the Advance efficiency program, around 730 employees have already taken up the offer to voluntarily leave the company by the end of 2015 and have accepted either early retirement or severance packages. In 2013, EUR 110 million were incurred of the EUR 150 million in exceptional charges budgeted for this program. From 2015 onward, LANXESS expects to achieve annual savings of around EUR 100 million.

    LANXESS has also divested its wholly owned subsidiary Perlon-Monofil to the Serafin Group based in Munich, Germany.

    Outlook

    LANXESS expects the market environment for synthetic rubber to remain challenging in 2014 in light of the competitive and capacity situation. Exchange rates, in particular the US-Dollar, are likely to continue their volatile development. The same applies to raw material costs, albeit at a comparatively moderate level.

    Earnings in the first quarter of 2014 will also be impacted by the effects of a strike at the company’s site in Zwijndrecht, Belgium. Butyl rubber production there has been at a standstill for around three weeks.

    For the full year 2014, LANXESS is anticipating a slight improvement in EBITDA pre exceptionals, due alone to the absence of one-time items, even if selling prices remain at low levels.

    For the current year, LANXESS is planning capital expenditures at the same level as in 2013. Most of these will go toward the construction of the world-scale plant for Nd-PBR (neodymium-based performance butadiene rubber) in Singapore and for the construction of the plant for EPDM (ethylene-propylene-diene monomer) rubber in China. Both plants are scheduled to come on stream in 2015. In the third quarter of 2014, a world-scale facility for polyamides will start operation at the site in Antwerp, Belgium. As of 2015, capital expenditures should decrease substantially and be used predominantly to expand and maintain existing facilities.

    As in the past, LANXESS will give a more precise outlook for the current business year when it publishes its first-quarter report on May 8, 2014.
    (Lanxess AG)
     
    19.03.2014   Nils Ringborg new CEO of Holmen Paper     ( Company news )

    Company news Nils Ringborg (photo) has been appointed as the new CEO of the business area Holmen Paper and so joins Holmen’s Group management.
    Nils Ringborg will succeed Henrik Sjölund when he takes up his new role as President and CEO of Holmen on 9 April. Nils Ringborg is currently sales and marketing director at Holmen Paper.
    “Nils and his team in the sales and marketing department have done a fantastic job of developing sales during a difficult period. Holmen Paper is gaining a leader with an extensive network and a good sense of our business. And the move also sees another experienced and strategic force joining the Group management team,” says Henrik Sjölund.
    “We have a clear strategy where the Swedish business will be further focussed on speciality paper based on virgin fibre and the Madrid business will continue to produce newsprint with recovered fibre as its raw material,” says Nils Ringborg.
    Work is under way to recruit a new sales and marketing director for Holmen Paper.
    (Holmen Paper AB)
     
    19.03.2014   Marbach Strengthens Its Board of Directors    ( Company news )

    Company news Marbach is pleased to announce that it has recently been strengthened its Board of Directors by appointing Stefanie Greiner as Managing Director.
    Since joining the company in 1994, Greiner studied business administration and worked as Human Resources Officer for two years before she became Chief Human Resources Officer in 1999. As Chief Operating Officer Greiner has been responsible for the daily operation of the Marbach Group since 2009.
    Peter Marbach explains: “We highly appreciate the addition of Stefanie Greiner to our Board of Directors because of her great experience.”
    Stefanie Greiner joins the board alongside Peter Marbach, Owner & CEO, Bernd Klenk and Hans Masche.
    (Karl Marbach GmbH & Co. KG)
     
    19.03.2014   UPM demonstrates firm progress in transformation    ( Company news )

    Company news Jussi Pesonen (photo), UPM’s President and CEO is confident in UPM’s stable outlook and attractive growth plans as presented during the company’s Capital Markets Day in London.
    “In the past five years, we have successfully turned UPM from an integrated paper producer into a Biofore company with six separate businesses. Today we have strong market positions and competitive assets in all of our business areas. This gives us a strong basis for driving further both the financial performance and the transformation of the company.”
    “Our short-term profit improvement programme proceeds very well and we are confident of achieving the targeted EUR 200 million cost savings by the end of this year. Simultaneously, we are making good progress with our growth portfolio adding further EUR 200 million of EBITDA in the coming three years. The recently announced investments in Changshu and Kymi confirm our progress towards this target. “
    Pesonen said that the new business structure enables clear target setting and incentives in all of the six businesses.
    “As we have growth aspirations in many of our businesses, we have also set ROCE targets for the business areas. In UPM Energy we value our asset base at fair value and hence our ROCE target is 6 %. In the less capital intensive converting industry, UPM Raflatac, our ROCE target is at 18%. Finally, in our process industry businesses UPM Biorefining, UPM Paper Asia and UPM Plywood we are targeting 10-12 % ROCE, or cash return in the case of UPM Paper ENA.“
    “UPM’s group-level operating profit target of 10% is realistic also in the context of the new business structure. With this business structure, achieving the business area targets simultaneously would result into UPM operating profit margin of approximately 10%, and ROCE of approximately 9%.”
    “Despite the volatile economic environment in recent years, we have been able to drive forward the changes in the UPM portfolio. At the same time UPM’s cash flow has been consistently strong and our balance sheet has continuously strengthened.”
    “Our group-level commitment is to maintain a solid balance sheet, strong cash flow and healthy dividend. UPM will continue to develop its business portfolio in order to create growth in the current and new businesses and enhance the value of the company. “
    (UPM)
     
    19.03.2014   Rayonier Hires Frank Ruperto to Lead Performance Fibers Growth Strategy    ( Company news )

    Company news Rayonier (NYSE:RYN) announced that Frank A. Ruperto is joining the company as Senior Vice President, Corporate Development and Strategic Planning, effective March 31, to assist the company with achieving its future growth priorities. Upon the previously announced separation of the Performance Fibers business, Ruperto will lead the strategic growth and long-range planning initiatives for the new performance fibers company.
    Ruperto brings nearly 25 years of investment banking experience in mergers and acquisitions to Rayonier. Most recently, he served as Managing Director, Mergers and Acquisitions for Bank of America Merrill Lynch and previously served as Head of Global Industries M&A for Banc of America Securities. Prior to that, Ruperto served as Managing Director, M&A at Merrill Lynch Pierce Fenner & Smith. During his career, he has acted as a lead advisor on more than 100 completed mergers, acquisitions and financings valued at more than $100 billion.
    “We’re pleased to have Frank join our senior management team at this critical stage in our company's development. Frank will lead our strategic, long range planning process and additionally begin identifying strategic opportunities that will position us for future adjacent growth,” said Paul Boynton, chairman, president and CEO of Rayonier. “Frank’s strategic thinking and experience in corporate transactions, along with his knowledge of the industrial and specialty chemical sectors, will allow him to play a critical role in our future. We have worked with Frank for more than a decade and know that adding his skill set to our team will enhance shareholder value.”
    “I have worked closely with Rayonier on its strategic opportunities over the years and greatly admire its market-leading businesses and strong management team,” stated Ruperto. “This is an exciting time in the company’s history as the separation provides a solid platform to grow within the specialty chemicals sector. I’m delighted to join the organization and leverage my experience to help the company identify and execute a growth strategy for the new Performance Fibers business that drives shareholder value.”
    Ruperto graduated cum laude with a Bachelor of Arts in Economics from Harvard College in 1988 and holds an MBA, with a major in finance, from The Wharton School of Business at The University of Pennsylvania.
    (Rayonier Inc.)
     
    19.03.2014   Experts predict a profitable reconstruction of the paper industry     ( Company news )

    Company news Declining demand for printing paper, together with a promising future for new climate friendly products, drive a reconstruction of the paper industry. The report, Innventia Global Outlook Papermaking Towards the Future, presents the most important trends and driving forces for tomorrow's papermaking industry.

    "In 2030, modern bio-refineries will have become highly profitable and constitute the core of many company clusters. A well organised business structure has developed over time where companies selling bio-based energy, materials, chemicals, and consumer products, work together to drive bio-business. The 'bio-based economy' is finally a reality. These days, bio-based plastics, chemicals and textiles accounted for almost 50% of their respective market shares, and fibre-based materials are used for a wide range of applications. In addition, with the depletion of oil reserves, traditional suppliers of oil-based plastics, chemicals and energy are now turning to the forest for raw materials, and this has made competition for forests more intense than ever."

    This future scenario is described in Innventia's new study Papermaking Towards the Future which was released during an event at Innventia on 17 March. The report is a critical analysis of the most important questions for the industry today and in the future. Based on an expert survey with 150 respondents from 21 different countries, interviews, workshops and teamwork, Innventia has identified, together with the analysis company Kairos Future, the key drivers and trends that will be increasingly important as the industry moves towards year 2030.

    According to the expert respondents, the greatest challenges for the industry will be a diminishing pool of skilled labour. Another challenge will be a reduced availability of fibre raw material due to increased competition with other bio-based products, which creates a greater demand for new, resource efficient production processes.

    With a decline in demand for printing paper, the markets for packaging materials and tissue are consistently growing. According to the survey, the industry is well positioned for a reconstruction into bio-refinering which could produce a wide range of products for the bio-based economy. 42 percent of the respondents predicted biorefining to be the most profitable investment over the coming ten years.

    "The reconstruction will bring totally new constellations, business models and market segments. As we could see in our study, the trends highlight a shift from scale to scope of products. A wide range of specialty products will be produced and sold in small quantities but with a high profit margin," says Paul Krochak, the project manager of Papermaking Towards the Future.

    Nanotechnology will, according to the experts, generate most attention in research, followed closely by biorefining and niche products. The development of new products involves many new features and the experts were asked what feature of paper would be the most desirable over the next ten years. Environmental and/or health safety gained the highest ranking.

    "As many as 34 percent of the respondents considered this feature to be most important. As the global population becomes more educated and more conscious, along with legal regulations and directives, product safety becomes increasingly important," states Marco Lucisano, Senior Manager, Process Solutions.
    (Innventia AB)
     
    19.03.2014   ONE WEEK AT MIAC TISSUE BUSINESS POINT 2014!    ( Company news )

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

    MIAC Tissue Business Point is a new business concept organised every two years in Lucca, the heart of European tissue paper production and converting.
    Lucca area is also an undisputed worldwide reference point for tissue technology (machinery, equipment, etc.)

    THE VISITOR
    Paper Mills and Converters technicians and managers will get an overview on the latest advances in technology and equipment available to the tissue industry sector. Modern Trade Buyers, Mass Retailers, Converters, Wholesalers and Office Suppliers will get new business opportunities offered by an ever-growing industry.

    THE CONFERENCE
    A streamlined, interesting Conference program. The Conference Program involves 4 sessions with the participation of independent experts outlining trends and prospects of the tissue paper market plus technical and product presentations by the Participating Companies. Participation is free of charge. Simultaneous translation is available.

    THE EXHIBITORS
    A new business concept reserved to 70 Exhibiting Companies.
    Visiting MIAC Tissue Business Point means obtaining a full overview in the technology and product in the world of tissue paper.
    (Edinova Srl)
     
    18.03.2014   NewPage Introduces First Brief In New PAPER@WORK Series: The Story Of UniTherm® ...     ( Company news )

    Company news ... Thermal Transfer Label Innovation

    NewPage Corporation (NewPage), a leading supplier of specialty papers, introduces PAPER@WORK, a new series of briefings detailing a spectrum of important topics impacting the world of specialty papers. The first PAPER@WORK Brief launched, titled "UniTherm® 25 years of thermal transfer innovation. And counting.", explores how UniTherm® label papers were originally developed over 25 years ago, and have grown through innovation to become an integral component of modern day logistic systems.
    "The history of UniTherm is one of bringing new innovation to life through close and ongoing collaboration with our customers," said Ed Buehler, vice president of sales, marketing and business development for specialty papers at NewPage. "We are excited to tell the story of UniTherm, and how it's grown to become a critical label paper for capturing and transmitting data on the millions of products and packages that move around the globe every day. UniTherm continues to innovate and perform in an ever-changing market."
    (NewPage Corporation)
     
    18.03.2014   Valmet to supply a containerboard line for Cheng Yang Paper Mill Co., Ltd. in Vietnam    ( Company news )

    Company news Valmet will supply an OptiConcept M containerboard production line for Cheng Yang Paper Mill Co.,Ltd. in Vietnam. The new production line is planned to produce high-quality containerboard grades out of 100 percent recycled raw materials. The start-up of the machine is scheduled for 2015.
    The value of the order will not be disclosed. The main part of the order is included in Valmet's first quarter 2014 orders received.
    "The line ordered by Cheng Yang Paper Mill will be Valmet's fifth OptiConcept M production line to be supplied to Asia. The first delivered line was successfully started up in China in December 2012," says Kari Räisänen, Sales Director of Valmet. "The advantage of our OptiConcept M technology is in its modular approach which enables short delivery times, quick startup and low project costs."
    Valmet's novel OptiConcept M production line stands for economy of total investment, personnel safety and machine usability as well as reduction of environmental load. The production line optimizes the machine investment in line with the mill's capacity needs and ensures optimized productivity at minimal operational cost. The production capacity of the new machine will be approximately 1,450 tonnes per day and the design speed is 1,300 m/min.
    (Valmet Corporation)
     
    18.03.2014   Eckhard Hoerner-Marass leaves manroland web systems    ( Company news )

    Company news Picture: The new manroland web systems Management: Uwe Lueders (left) and Joern Gossé (right).

    At the beginning of 2014, manroland web systems established a dual leadership. Now the spokesman of the Management, Eckhard Hoerner-Marass, leaves the company. Eckard Hoerner-Marass has been responsible for the development of the market leader in web offset printing since September 2012. He led the company group back to a profit zone within the second quarter of 2013 and against a weak market environment.
    Uwe Lueders, CEO at the L. Possehl & Co. mbH, takes over his responsibilities. Joern Gossé furthermore is in charge for the divisions Sales, Service and Marketing.
    (manroland web systems GmbH)
     
    18.03.2014   GLATFELTER ANNOUNCES EXECUTIVE MANAGEMENT PROMOTIONS    ( Company news )

    Company news Glatfelter (NYSE: GLT) is pleased to announce the following executive management promotions, effective March 1, 2014:

    Picture from left to right: John P. Jacunski, Martin Rapp, William T. Yanavitch II, Christopher W. Astley

    John P. Jacunski has been promoted to Executive Vice President & Chief Financial Officer. Mr. Jacunski joined Glatfelter in October 2003 as Vice President and Corporate Controller. In 2006 he was promoted to Senior Vice President and Chief Financial Officer. Mr. Jacunski’s role within the company has become more extensive over the past few years as he has assumed greater responsibilities in the areas of operations, information technology, and global supply chain.

    Martin Rapp has been promoted to Senior Vice President & General Manager for the Composite Fibers Business Unit. Since joining Glatfelter in 2006, Mr. Rapp’s role within Composite Fibers increased dramatically as the company acquired several new facilities throughout Europe that have led to substantial growth within the business unit. The addition of our most recent acquisition, Dresden Papier, has further established Composite Fibers as a key global growth platform for Glatfelter.

    William T. Yanavitch II has been promoted to Senior Vice President Human Resources and Administration. Mr. Yanavitch joined the company in July 2000 as Vice President Human Resources. Throughout his career at Glatfelter he has worked to build a comprehensive talent management and recruiting process that enables Glatfelter to recruit, employ, and retain top talent to drive the successful execution of business strategy across the organization. Mr. Yanavitch also serves as the senior executive leader responsible for the development of effective government relations in support of the Company’s legislative and community interests.

    Christopher W. Astley has been promoted to Senior Vice President, Corporate Strategy. Mr. Astley joined Glatfelter in August 2010 and is the company’s lead executive responsible for corporate development and facilitating the creation and execution of market-focused business strategies. Mr. Astley played a key role in successfully completing the acquisition of Dresden Papier.

    “All of the above mentioned executives have demonstrated consistent growth throughout their careers with Glatfelter and these promotions serve to recognize the long-standing contributions of Mr. Jacunski, Mr. Rapp, Mr. Yanavitch, and Mr. Astley,” stated Dante C. Parrini, Chairman & Chief Executive Officer.
    (Glatfelter Corporate Headquarters)
     
    18.03.2014   Mimaki Employs Imagination to Bring Innovation to InPrint 2014    ( Company news )

    Company news Unique, exciting industrial printing applications on display

    Mimaki March 13, 2014 announced that it will be exhibiting at InPrint, being held in conjunction with Hannover Messe 2014 in Germany. The world’s first trade exhibition exclusively dedicated to print technology for industrial manufacturing will be held from 8 through 10 April. Mimaki will be located in Stand H16 at the show.

    “With the growing quality and capabilities of digital textile printing solutions available in the marketplace today,” said Mike Horsten, Marketing Manager for Mimaki Europe, “digital printing on a wide range of fabrics is gaining broad acceptance across a number of markets including fashion, home décor and signs and display graphics. Mimaki has long played a leadership role in delivery of high quality digital textile printing solutions for custom fabrics, test marketing and short runs of printed textiles. In addition, we will be featuring some of our flatbed UV-curable wide format printers that produce a broad array of on-demand printed industrial applications. We are thrilled to be part of this first-ever trade exhibition dedicated to print technology for industrial manufacturing and excited about the solutions we will be able to demonstrate to attendees.”

    Featured Textile Solutions

    The highlight of Mimaki’s stand will be its highly functional textile printing solutions, including the TS500-1800, the world’s fastest dye sublimation printer, capable of printing at 150 square meters per hour on transfer paper. It produces brilliant colour for apparel and soft signage, both of which are seeing increased demand for short run lengths that are ideal for digital on-demand printing. Key features that set this dye sublimation printer apart in the marketplace include:
    •Unmatched printing speed for sublimation paper at 150m2/h in high-speed mode. The TS500-1800 uses newly developed printheads that achieve a maximum speed in four- or six-colour mode. The printer includes six printheads, with three staggered.
    •Mist removal filter – The mist removal filter prevents problems caused by ink mists and enhances the stability of print operations by suctioning the mist inside the printer.
    •Mimaki Degassing Module – The Mimaki degassing module (MDM-20) eliminates the gasses or bubbles that can occur in inks during the printing process, decreasing the likelihood of nozzle blockage and improving the accuracy of ink dot placement. In addition, this module enables the printer to use undegassed bottled inks instead of conventional degassed ink packs, thus reducing ink costs.
    •Sb300 dye sublimation ink – Optimized for dye sublimation printing, the Sb300 ink offers an affordable price, dries quickly and produces brilliant colours. Sb300 ink is available in six colours (Bk,Bl,M,Y,Lbl,Lm).
    •Auto Media Feeder (AMF) – Mimaki’s unique Auto Media Feeder provides stable feeding and take-up of print media, eliminating much of the need for operator intervention during printing
    •Larger Roll Media Size – The TS500-1800 can accept rolls of media up to 60kg and 300mm in diameter, further improving operator productivity by eliminating the need for frequent media changes. Larger orders can be continuously printed without interruption, or batches of smaller orders using the same media can be easily handled.

    “We believe that the TS500-1800 will speed the transition to digital printing in the worlds of soft signage and apparel that is already well underway,” Horsten added. “In addition, our dedication to eco-friendly printing is also demonstrated with this textile printer, which uses less ink and water and results in less waste than other printing methods.”

    Mimaki will also be showing the Klieverik GTC101/2000, a partner product for transferring vibrant TS500-1800 prints from sublimation paper to fabric.

    UV Printing on Rigid Media

    “Printing direct to rigid substrates is another huge industrial printing opportunity, for everything from point of purchase materials to promotional products,” Horsten said. “Our portfolio includes printers that can produce an extremely broad range of applications with exceptional quality and productivity.”

    On Display at InPrint:
    •UJF-6042, this UV flatbed printer with LED curing and multiple ink options prints directly on substrates up to 150mm thick with a precise and vivid image quality that is normally only found in more costly printers. It support 6 colours and white ink. Together with its ability to print up to 1800×1800 dpi and its variable dot size, the UJF-6042 is engineered to deliver extreme accuracy of the ink drop placement on the substrate. For photo applications, its A2 size means operators can simultaneously print two facing pages of an A2-size photo album. For smaller items, it is easy to create an efficient print layout to minimize waste of expensive substrates and decrease overall production time.
    •JFX500-2131, this UV printer incorporates brand-new head technology and advanced LED curing. Its advanced head movement control produces an exceptionally high resolution image quality that can produce legible fonts as small as 2 points. With print speeds of up to 60 square meters per hour with CMYK and 45 square meters per hour with white, it also delivers the ultimate in productivity. Multiple ink options ensure the ability to produce a wide range of applications, including both rigid and flexible inks.
    (Mimaki Europe B.V.)
     
    18.03.2014   Lecta and the International Day of Forests    ( Company news )

    Company news The March 21st celebration seeks to raise public awareness of the importance of forests, their conservation and their sustainable development

    Forests cover a third of the earth’s surface and play a key role in the lives of many of its inhabitants. Around 1.6 billion people depend on forests for their very survival.

    Trees are the foundation of many natural systems, playing a fundamental role in the daily life of many rural communities. Furthermore, they help to mitigate climate change, as they influence the amount of carbon dioxide in the atmosphere: as trees grow, they absorb carbon, which remains sequestered in the wood and in forest products.

    With the International Day of Forests, the United Nations has created a new platform to raise awareness of the importance of all types of forest ecosystems in sustainable development.

    In Europe, land area covered by forests has grown by more than 30% since 1950. The European paper industry contributes to this increase, given that the trees from which it obtains the wood to manufacture paper are planted and cultivated on plantations that are continuously regenerated and replanted and that otherwise would not exist. Plantations for producing paper are large consumers of CO2, increase the land area covered by forests and help to conserve forests.

    Lecta guarantees that the wood used to manufacture our products has been sustainably sourced and is able to document that this wood comes solely from legal, non-controversial sources, all of which are certified or controlled. Proof of this is the PEFC and FSC chain-of-custody certification we hold for all of our production. Both certification programs require an independent third party to accredit the traceability of forest products from their extraction through the supply chain to end-user, thus constituting the instrument that demonstrates to the consumer that the wood, or any other forest product, comes from forests managed in a responsible and sustainable manner.

    Forest restoration is a pillar of Lecta’s social and environmental commitment. Since 2004 we have promoted, in collaboration with the Spanish NGO AccióNatura, reforestation plans and volunteer days in which customers, employees and their families have all participated, resulting in the planting of more than 20,500 trees on the Iberian Peninsula and in Brazil.
    (Lecta Group)
     
    18.03.2014   Edelmann Group: Stable financial year in 2013 and positive prognosis for 2014    ( Company news )

    Company news Picture: Edelmann intends additional internationalisation: With the acquisition of the Edelmann India production plant in September 2013, the international packaging manufacturer reinforced their presence in the growing Asian market.

    - At 233 million Euros, 2013 group turnover is at previous year's level
    - 55% of turnover generated abroad
    - Edelmann Group successfully consolidated after acquisitions
    - 2014 turnover increase to 248 million Euros is projected

    Edelmann, the internationally active manufacturer of high quality packaging solutions made of board and paper, has closed the financial year 2013 with a stable turnover of 233 million Euros, same as the previous year's level. The share of turnover from foreign companies was 55.4 per cent and therefore continued to gain importance (2012: 52 per cent). The financial year 2013 was strongly influenced by consolidation measures. With Edelmann India, the group integrated its thirteenth production plant. At the same time, it made investments amounting to 13 million Euros (5.6 per cent of the group turnover) in technical equipment for its production plants. This should help guarantee the worldwide service commitment to provide "High Q Packaging" Edelmann continues to commit to a strongly international focus. The next step is planned in Latin America in 2014 – a market analysis is currently underway.

    The worldwide service commitment to providing "High Q Packaging" was the determining factor for the 13 million Euro investment, which was increased in the financial year 2013 to 5.6 per cent of the group turnover (2012: 4.4 per cent). The latest technologies in digital and offset printing at the plants in Heidenheim, Lindau and Bitterfeld have facilitated a reduction in the order processing times and enable us to offer the customer innovative approaches to finding solutions.

    In the financial year 2014, Edelmann is planning for an investment volume of 14.5 million Euros. The construction of a production facility at Edelmann in Hungary is being planned, and the printing machinery at the plants in Mexico and India will be updated. In addition, technological investments at the plant in Leverkusen will establish the basis for further expansion of leaflet production.

    2013: Core Group expertise prevails on the market

    Edelmann Group prevails again in 2013 with their core expertise, the manufacture of folding cartons, leaflets, and system solutions for the health and beauty care market as well as consumer brands. A breakdown of turnover by sectors shows the health care and beauty care segments at 40 per cent each. The consumer brands sector showed a 20 per cent share. The share of the total 2013 turnover for leaflet production was 10 per cent. Altogether the Group’s 2,200 employees produced 4.0 billion folding cartons and 1.1 billion leaflets.
    2014: Additional internationalisation intended

    With the acquisition of the Edelmann India production plant in September 2013, the international packaging manufacturer reinforced their presence in the growing Asian market. 250 employees manufacture high quality packaging for the beauty care and health care sectors in northern India, in the state of Himachal Pradesh. The expansion of the business at the production plant in India to include the production of packaging for cosmetics and hair coloration products from the French group L'Oréal is being planned.

    There are new markets being created in the beauty care, health care and consumer brands segments. Analysts expect that the emerging markets will make up a total of 40 per cent of the global pharmaceuticals market by 2016. The cosmetic industry is focusing on growth regions such as China, Asia-Pacific, and in the medium term also Brazil and Africa. Edelmann is closely observing this development and will also accompany their customers into these markets. The takeover of an additional company in Latin America is planned for 2014.

    "Breathing factory" will shorten processing in the future

    "Quick and convenient communication, vendor-managed inventory, significantly shortened delivery periods and close proximity to customers – those are our fundamentals for customer satisfaction which must be continually expanded", emphasises Edelmann CEO Dierk Schröder. Currently, Edelmann intends to solve the issue of shorter delivery periods with the "breathing factory" system. Flexibility for customers should be based on flexible working hours models. Negotiations with the employee representatives have begun. The results, initially for the plants in Heidenheim and Weilheim, should be available in sometime before the end of financial year 2014.
    (Carl Edelmann GmbH)
     
    18.03.2014   Mayr-Melnhof: ANNUAL RESULTS 2013    ( Company news )

    Company news • Continuation of long-time path of success
    • Growth in volume and high capacity utilization
    • A further record result – Profit for the year EUR 123 million
    • Dividend increase plus anniversary bonus
    • Expansion continued

    In the financial year 2013 the Mayr-Melnhof Group was able to follow up closely the high level of the previous year in terms of profit for the year and operating profit. Both divisions, MM Karton and MM Packaging, made a substantial contribution to this. Despite continuing restrained private consumption and increasingly intense competition in the main market Europe the Group succeeded in utilizing capacity to a high degree and maintaining its long-standing profitability. Expansion in the core competence areas cartonboard and folding cartons continued in line with strategy. In addition to its strong position in recycled fiber based cartonboard, MM Karton was able to gain additional market shares in virgin fiber based cartonboard. The acquisition of the mechanical wood pulp mill MMK FollaCell in Norway also extended the division's self-supply capability in the area of high-quality wood fibers. With newly constructed sites in Poland and Turkey as well as acquisitions in Vietnam and Colombia, MM Packaging continued its growth trend in markets with future potential. A proposal to the 20th Annual General Meeting on April 30, 2014 to approve a dividend of EUR 2.40 per share following EUR 2.25 per share in the previous year will be made. In addition, an anniversary bonus of EUR 2.40 per share shall be distributed for a further decade of listing of Mayr-Melnhof Karton AG – thus a total payout of EUR 4.80 per share.

    At EUR 1,999.4 million, the Group’s consolidated sales were 2.4 % or EUR 47.2 million above the previous year’s figure (2012: EUR 1,952.2 million). This rise is mainly the result of increased volumes in both divisions.
    At EUR 165.4 million operating profit was 3.0 % or EUR 5.1 million lower than in the previous year (2012: EUR 170.5 million). The operating margin thus reached 8.3 % (2012: 8.7 %). The return on capital employed amounted to 15.4 % (2012: 17.5 %).
    In line with the decreased level of interest, financial income fell to EUR 1.6 million (2012: EUR 2.6 million), and financial expenses declined to EUR -4.0 million (2012: EUR -5.2 million).
    Profit before tax came to EUR 156.4 million after EUR 161.3 million in the previous year. Income taxes, decreased from EUR 41.0 million to EUR 33.5 million, mainly due to a non-recurring tax refund in the current year. Accordingly the effective Group tax rate went down from 25.4 % to 21.4 %.
    Thus the profit for the year increased from EUR 120.3 million to EUR 122.9 million. The net profit margin remained largely unchanged at 6.1 % (2012: 6.2 %).


    CONSOLIDATED BALANCE SHEET
    As of December 31, 2013 the Group's total assets were EUR 1,702.5 million, thus EUR 73.4 million above the comparative value of the previous year. Total equity rose from EUR 1,067.1 million to EUR 1,111.8 million. This increase primarily results from the profit for the period, which is offset by the dividend payment for 2012 as a deductible item. Total equity to total assets remained largely stable at 65.3 % (2012: 65.5 %). The return on equity amounted to 11.3 % (2012: 11.7 %).
    Financial liabilities of a primarily long-term character increased by EUR 12.2 million to EUR 169.6 million due to the raising of low-interest loans. Provisions for non-current liabilities in the amount of EUR 99.1 million are related to accruals for employee benefits and were almost kept at the previous year's level (December 31, 2012: EUR 97.9 million).
    At EUR 303.5 million, total funds available to the Group were below the figure as of
    December 31, 2012 (EUR 335.4 million), with net liquidity decreasing from EUR 178.0 million to EUR 133.9 million. Payments related to the acquisition of property, plant and equipment and subsidiaries were the main reasons for this development.

    OUTLOOK
    As a result of stable consumer expectations in the main European markets the cartonboard and folding carton business continues to be marked by strong competition and short-term but constant customer planning. The aim of MM remains to continue its course of long-term growth even in these overall conditions, both organically through further market penetration as well as through acquisitions, particularly in growth regions.
    Increased volumes, productivity improvements and continuous optimization of the product portfolio in both divisions are intended to contribute towards defending or increasing market shares and to maintain the Group's long-term profit dynamic at a high level.
    With the currently high level of capacity utilization in our plants and largely stable prices for fibers and energy, the Group develops correspondingly on course.
    Investment activities continue to focus on the deployment of the latest technology and on improving cost efficiency. Furthermore, a special investment in a mid-double-digit million euro amount is planned for 2014 for the introduction of FOODBOARDTM in the Austrian main mill Frohnleiten, with implementation focus in the 4th quarter. An operating profit below the level of the previous year can be expected for MM Karton in 2014 as a consequence of the planned downtime due to construction work and due to the non-recurring income from the acquisition of the Norwegian mechanical wood pulp mill MMK FollaCell in the last year. In contrast, MM Packaging should continue to maintain a solid operating margin.
    (Mayr-Melnhof Karton Gesellschaft m.b.H.)
     
    17.03.2014   Fredrik Holgersson new mill manager at Braviken    ( Company news )

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

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

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

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

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

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

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

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

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

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

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

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

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