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Newsgrafik #118588
 22.11.2017

Aktuelle Trends und Lösungen auf der Dresdner Verpackungstagung  (Firmennews)

Verpackung ist die Lösung: Nachhaltigkeit, Geschwindigkeit und Generation Z im Fokus der Dresdner Verpackungstagung

Am 30. November und 1. Dezember 2017 öffnet die 27. Dresdner Verpackungstagung des Deutschen Verpackungsinstituts e. V. (dvi) ihre Türen. Rund um die Themenblöcke „Nachhaltigkeit contra Greenwashing. Wo geht die Reise hin?“ und „Geschwindigkeit bei Entwicklungen und Verpackungsprozessen“ diskutieren Hersteller von Packstoffen und Packmitteln mit Anwendern und Vertretern aus Industrie, Wissenschaft und Forschung über aktuelle Trends und Lösungen. Darüber hinaus haben Teilnehmer die Möglichkeit, unter den zahlreich vertretenen Studierenden nach den besten Köpfen für morgen Ausschau zu halten.

Mit Experten führender Unternehmen wie Metro, BMW, Frosta, Kao, Dow Europe, Till, DSD, Fraunhofer IML, ppg >, Werner & Mertz, Clariant, Illig und anderen mehr geht das Deutsche Verpackungsinstitut in die Dresdner Verpackungstagung 2017. „Das traditionelle Netzwerktreffen zum Jahresende bietet Entscheidern und Projektverantwortlichen aus Industrie, Wissenschaft und Forschung wieder erstklassige Kontakte, wichtige Impulse und exklusive Einblicke“, freut sich Kim Cheng, Geschäftsführerin des dvi. „Im vergangenen Jahr profitierten über 160 Teilnehmer von den Fachvorträgen und dem profunden Erfahrungsaustausch im Netzwerk. Zu unserem spannenden Teilnehmer-Mix gehört übrigens auch der studierende Nachwuchs aus dem gesamten Bundesgebiet. Tagungsteilnehmern bietet sich so eine hervorragende Gelegenheit, frühzeitig mit den besten Köpfen für morgen in Kontakt zu kommen. Parallel erhalten die Studierenden einen wertvollen Zugang zum Branchennetzwerk“.

Nachhaltigkeit und Geschwindigkeit
Auf dem Programm der Tagung stehen Fachvorträge zur nachhaltigen Verpackungsentwicklung für Eigenmarken am Beispiel eines international agierenden Großhändlers von Martin Guillaume, Head of Technical Packaging der Metro AG, Einblicke in die Erfolgsstory nachhaltiger Verpackungen für nachhaltige Produkte durch Torsten Matthias, Leiter Marketing der FRoSTA Tiefkühlkost GmbH, eine valide Einschätzung, wie Agiles Engineering Entwicklungszeiten verkürzen und Ergebnisse verbessern kann durch Dr. Thorsten Klein, Verantwortlicher für Technologie Oberfläche der BMW Group sowie ein Ausblick auf Veränderungen bei Produkten und Geschäftsmodellen durch das Internet der Dinge von Dr. Volker Lange, Ressortleiter am Fraunhofer-Institut für Materialfluss und Logistik. „Darüber hinaus geht es um Themen wie das neue Verpackungsgesetz, 3D Animation und Rapid Prototyping, die Entwicklung neuer Märkte mit den Kunden, innovative Verpackungskonzepte des Nachwuchses, IML-T In-Mold-Labeling, wasserbasierte Tief- und Flexodruckfarben, nachhaltige Strategien durch Zusammenwirken in der Wertschöpfungskette und die Recyclat-Initiative“, so Kim Cheng.

Generation Z und Verpackung
Die Keynote der 27. Dresdner Verpackungstagung beschäftigt sich mit den Jahrgängen ab 1995, die als „Generation Z“ bezeichnet wird. Wie tickt diese Generation? Was kauft sie? Was eher nicht? Welche Rolle spielt die Marke? Und wie stehen die jungen Menschen zur Verpackung und der Verpackungswirtschaft? „Frank Müller und Ralf Wolfermann von der Agentur „Haus E“ geben auf der Tagung exklusive Einblicke in ihre brandaktuelle Studie zur Generation Z und ihrer Beziehung zur Verpackung. Es gibt neueste Zahlen, eine ausführliche Charakterisierung, klare Antworten und Lichtblicke für den Umgang mit der Zielgruppe“, erklärt die dvi-Geschäftsführerin.
(Deutsches Verpackungsinstitut e.V. (dvi))

Newsgrafik #118589
 22.11.2017

Sappi delivers robust full year and 4th quarter results based on strong growth from the ...  (Company news)

...dissolving wood pulp and speciality packaging businesses

Financial summary for the quarter and full year
-EBITDA excluding special items:
---For the quarter US$221 million (2016 US$209 million)
---For the year US$785 million (2016 US$739 million)
-EPS excluding special items:
---For the quarter 19 US cents (2016 18 US cents)
---For the year 64 US cents (2016 57 US cents)
-Profit for the period:
---For the quarter US$102 million (2016 US$112 million)
---For the year US$338 million (2016 US$319 million)
-Net debt US$1,322 million, down US$86 million year-on-year
-Dividend of 15 US cents declared (2016 11 US cents)

Sappi Chief Executive Officer Steve Binnie (photo), commenting on the group’s performance, said:
“Sappi has delivered another strong set of results with profits up 6% year-on-year. I am very pleased with the growth of the dissolving wood pulp (DWP) and speciality packaging businesses. Furthermore our initiatives to reduce variable costs and the benefits of lower interest charges were able to help mitigate higher paper pulp prices and a stronger Rand/Dollar exchange rate during the reporting period.

“Capital expenditure in 2018 is expected to increase to US$450 million as we continue the conversions in both Europe and North America, complete the Saiccor and Ngodwana debottlenecking and start the upgrade of the Saiccor wood-yard. The increase in expansionary capital spending during 2018 is focused on higher margin growth segments including dissolving wood pulp and speciality packaging. This will position us for stronger profitability from 2019 onwards.”

The periods under review:
Demand for DWP was robust, growing at double-digits throughout the year. We shifted more production capacity to speciality packaging during the year. The European business experienced a good final quarter, with expanded sales volumes and price increases helping to counteract the impact of rising paper pulp prices. In North America improved packaging and release paper sales volumes, coupled with lower fixed and variable costs outweighed lower coated paper sales prices and volumes. The packaging paper business in South Africa continued to show lower variable costs and higher sales volumes and prices compared to previous quarters.

Our success in bringing our debt levels to below our targeted leverage ratio of less than two times net debt to EBITDA in the prior year has meant that we could turn our attention to increased investments in growth projects, with the main focus being on conversions of paper machines in Europe and the United States to speciality packaging grades and DWP debottlenecking projects in South Africa. We remain well on track to achieve our Vision2020 targets.

Net cash for the year (US$108 million) and for the quarter (US$41 million) was lower than both prior periods (US$359 million and US$168 million) due to the aforementioned capital expenditure in growth projects, increased cash taxes, the dividend payment and higher working capital.

The Board has approved an increased dividend per share of 15 US cents, a 36% increase over the prior year. The 2017 dividend is covered four times by basic earnings per share, excluding non-cash special items. The group aims to declare ongoing annual dividends, and over time achieve a long-term average earnings to dividend ratio of three to one.

Outlook
Demand for DWP remains favourable and spot prices have increased significantly in recent weeks. After the quarter-end a severe storm caused significant damage to the harbour and logistics infrastructure in Durban, South Africa. The estimated impact on first quarter profitability is approximately US$4 million due to damaged inventory and lost production at Saiccor.

A significant proportion of our DWP sales prices are based on the prior quarter average CCF hardwood DWP price. For the first quarter of 2018 average pricing is therefore likely to be slightly lower than in the past quarter. The recent upward momentum in CCF prices will only be realised in our second quarter. Longer-term market dynamics remain favourable with additional demand expected to exceed supply over the next few years.

In Europe, local demand for graphic paper has stabilised somewhat and sales to export markets continue to grow. Paper pulp costs have continued to rise after year-end and without further price adjustments margins will be put under pressure.

In the United States, closures of competing mills have tightened the supply in a market that otherwise remains difficult. Further price increases have been announced and implemented after a long period of declining prices, and we are more optimistic about the prospects in the forthcoming year.

Demand for speciality packaging continues to grow, and we require the additional capacity from the conversions of the paper machines at Maastricht and Somerset Mills in order to continue to serve this growth. These conversions have commenced and are set to be completed in the second and third fiscal quarters of 2018 respectively.

The 2017 financial year included an extra trading week which contributed approximately US$20 million to EBITDA in the first quarter of the last financial year. In addition, the higher external pulp costs and the aforementioned storm damage will have a negative impact on current profitability. As a result we expect the group’s first quarter operating performance to be below that of the prior year.
(Sappi Limited)

Newsgrafik #118590
 22.11.2017

OceanCoat: Kosteneinsparung und Effizienzsteigerung durch neuen Walzenbezug für ...  (Firmennews)

... Streichgegenwalzen

-Verlängerte Schleifintervalle und verkürzte Stillstandzeiten
-Konstante Bedingungen durch stabile Rauigkeit
-Großes Einsparpotenzial für Papierproduzenten

Mit OceanCoat ergänzt Voith sein Portfolio an Walzenbezügen für Streichgegenwalzen um eine besonders langlebige Variante. Das stabile Material muss seltener nachgeschliffen werden als Standardbezüge, wodurch die Stillstands- und Wartungskosten reduziert werden.

Blau statt schwarz: Schon allein durch die Farbe hebt sich Voiths neuer Walzenbezug OceanCoat von Standardbezügen ab. Die blaue Farbe lässt den Anwender eine mögliche Überhitzung, die speziell an den Rändern auftreten kann, rechtzeitig erkennen. So lassen sich entsprechende Gegenmaßnahmen zeitnah einleiten. Zudem ist das Material leichter zu reinigen, was insbesondere die Stillstandzeit nach einem Abriss reduziert. Durch die hohe mechanische Widerstandsfähigkeit hält OceanCoat Belastungen bei einem Abriss und Papierwicklern besser stand als herkömmliche Bezüge.

Zu den wichtigsten Vorteilen des, bei allen Streichgegenwalzen verwendbaren, Bezugs gehören der geringe Verschleiß sowie geringere Alterungserscheinungen. Die definierte Rauigkeit bleibt über die Einsatzzeit konstanter als bei herkömmlichen Bezügen.

Von dem Bezug sind bereits mehr als ein Dutzend erfolgreich in Betrieb. Nachbestellungen der Kunden, die den Bezug bereits im Einsatz haben, belegen deren Zufriedenheit. Die Anwender stellten neben der sehr guten Abriebsresistenz, der konstant bleibenden Rauigkeit und den damit stabilen Betriebsparametern auch die einfache Reinigung des Bezugs nach einem Abriss in den Vordergrund. Durch den Einsatz von OceanCoat ergibt sich für die Betreiber der Papierfabriken ein signifikantes Einsparpotenzial.
(Voith Paper GmbH & Co KG)

Newsgrafik #118592
 22.11.2017

SPICERS: EXECUTIVE MANAGEMENT CHANGES  (Company news)

Spicers Limited (“Spicers” or the “Company”) advises that Mr Wayne Johnston, Chief Financial Officer, will be leaving the Company, effective from 31 October 2017. This follows the recent simplification of the Company’s capital structure, including the appointment of a new board of directors, and a related reduction in the complexity of corporate activities.

In commenting on this announcement Mr David Martin, Spicers Chief Executive Officer, said “Wayne has held a number of senior positions in the Company over the last 8 years, becoming Chief Financial Officer in May 2015 and serving as an executive director during 2016 and 2017. Wayne was instrumental in the exit of European operations and the recent recapitalisation. We thank him for his dedication, professionalism and loyalty over these challenging years for Spicers and wish him every success for the future.”

Spicers Chairman Mr Jonathan Trollip added his thanks. “On behalf of the Board, we thank Wayne for his constructive professionalism and assistance since the new Board was appointed, and we join David in wishing Wayne every future success.”

Spicers also advises that Mr Geoff Butcher, currently Group General Manager Commercial, will be appointed Chief Financial Officer on an interim basis.
Mr Martin commented on this appointment, “Having served in senior finance executive roles within the global group over many years Geoff brings significant company, functional and industry experience to this role. I am pleased that he has accepted this position on an interim basis, and the Board and I are confident that he will lead the team admirably as we consider our future strategies.”

Mr Johnston has agreed to make himself available to assist with transitional arrangements and any other ongoing matters. He will receive a termination payment within the limits of his contractual and statutory entitlements upon exit.
Following Mr Johnston’s departure, Mr Frank Glynn remains as sole Company Secretary.
(Spicers Limited)

Newsgrafik #118593
 22.11.2017

Huhtamaki invests in a new manufacturing facility in Hämeenlinna, Finland  (Company news)

Huhtamaki is investing app. EUR 11 million to have a new manufacturing facility built in Hämeenlinna, Finland. Manufacturing operations will be transferred from the current facility that has been built in the 60's to a new, modern facility. Construction work is planned to begin during spring 2018 and the new facility is expected to begin operations in spring 2019. The majority of the investment takes place during 2018.

"Today's busy on-the-go lifestyle increases demand for takeaway foods and drinks. This creates growth opportunities for us, and with the investment we are better able to capture those," says Maisa Katila, General Manager for Huhtamaki Foodservice Nordics.

As part of the investment the Hämeenlinna unit's machine base will also be partially renewed and automation will be increased. Competitiveness will also be improved by designing the new facility according to Lean manufacturing principles and improving the flow of goods and minimizing unnecessary traffic within production. The modernization of the manufacturing facility will also improve workplace safety and ergonomics.

"Hämeenlinna is a good location for our manufacturing unit. We have skilled and experienced employees here and we source our main raw material from nearby. With the new facility we can serve our customers in the Nordic and Baltic countries even better," says General Manager Katila.
(Huhtamäki Consumer Goods Finland Oy)

Newsgrafik #118595
 22.11.2017

Pro-Gest invests in Modugno plant  (Company news)

Two years after the acquisition in April 2015, Pro-Gest Group completes the expansion of the Trevikart Modugno plant, doubling its surface from 13,000 sqm to 30,000 sqm.

The total investment of € 20 million is aimed at renovating and upgrading the plant, with focus on the packaging for the agro-industrial sector, and in particular fruit and vegetables, pasta, cookies and sweets, and the dairy segment.

To date, the new production line is being assembled with a width of 2800 mm and up to 7 colors print. It will be fully operative by the end of 2017 and ready to contribute to the further growth of the company.

“Our strategy – says Bruno Zago, the Group CEO – is to develop, thanks to the Modugno plant, a greater presence in the southern Italian regions. The market’s response makes us optimistic and today we can also count on more suitable warehouse space and technologically advanced machinery. The re-organization brought with the acquisition both at a production and sales-marketing level has already given the first positive outcome with the increase of Trevikart Modugno’s turnover (in 1 year) of more than 20%: from 13 million euros in 2015 to 16 million euros in 2016.

The modernization of the plant will entail the addition of highly qualified technical and sales personnel, with specialized expertise capable of managing state-of-the-art equipment and of delivering better production in terms of both quality and quantity.
(Pro-Gest S.p.A.)

Newsgrafik #118601
 22.11.2017

Smurfit Kappa's PM1 in Barbosa, Colombia is up & running!   (Company news)

In January 2016, Smurfit Kappa signed another contract with PMP for a press part rebuild of PM1 in its Mill in Barbosa (Colombia). PMP (Paper Machinery Producer) has been chosen again as a strategic partner supporting Smurfit Kappa’s development. Thus, it is our pleasure to announce that PM1 has started-up successfully on 18th July 2017, at 21:45 of local time.

Project goals were focused on generating energy savings, improving PM1’s runnability, and increasing paper properties as well as its annual capacity by 31%. The main idea was to apply a state-of-the-art Intelli-TriNip® Press Section with an Intelli-Nip® Shoe Press. The shoe press technology played a key role in the final success, bringing ultra-high dryness (from 43.5% before rebuild, up to 52% after press). It is important to mention that 1% more dryness after press brings 4% steam saving in the dryer section. The shoe press technology enables significant improvement of paper properties (especially bulk & bursting strength) and significantly supports PM1’s runnability increase.

PMP’s scope of delivery included the Intelli-TriNip® Press section with the Intelli-Nip® Shoe Module (design nip load 1400 kN/m, shoe press module type 1300). A compact design of a new press section IntelliTriNip® is ensuring reduction of open draws and is significantly increasing PM1’s runnability. Intelli-Nip® shoe press has been already appreciated by paper mills worldwide (just to mention recent PMP projects in USA, Mexico, China, Russia and Poland), due to its reliable performance confirmed by patented solutions, top sheet dryness level (up to 53%) resulting in significant steam consumption savings and user-friendliness. Scope of delivery in the case of the Smurfit Kappa project covered also Intelli-DCR® (Deflection-Compensation Roll), PM auxiliaries systems such as PM controls & panels, mechanical drives, press pulper, as well as base plates and spare parts. Structural machine components are designed for a design speed of 1000 m/min. PMP was also responsible for on-site services, including on-site erection and start-up supervision.

This particular project is an example where PMP’s technological knowledge combined with high-tech equipment can become a key factor to achieve common success. This project is also another step forward in partnership development between PMP and Smurfit Kappa.
(PMPoland S.A.)

Newsgrafik #118577
 21.11.2017

DYNASTAR von W&H gewinnt 'ERA Packaging Gravure Award 2017'  (Firmennews)

Am 07. November wurde die neue Tiefdruckmaschine DYNASTAR von W&H mit dem “Packaging Gravure Award 2017” der European Rotogravure Association (ERA) ausgezeichnet. Die DYNASTAR gewann in der Kategorie „Innovation“. Die Auszeichnung vergibt der Verband alle zwei Jahre, um herausragende Qualität und Leistungen im Tiefdruck zu würdigen. Die Preisverleihung fand während der „Packaging & Decorative“ Konferenz in Barcelona statt. Die Jury lobte an der DYNASTAR insbesondere die Umsetzung neuer Ideen und Konzepte, um kürzere Aufträge mit erhöhter Profitabilität im Tiefdruckverfahren umzusetzen.

Die neue Tiefdruckmaschine DYNASTAR wurde von W&H zur drupa 2016 auf den Markt gebracht. Die Idee dazu entstand direkt aus den Anforderungen des Marktes, gekennzeichnet durch mehr Diversifizierung, schnellere Time-to-Market-Zeiten sowie kürzere Druckaufträge und beschleunigte Produktionsprozesse. Gleichzeitig sind Drucker höchsten Qualitätsanforderungen sowie steigendem Preisdruck und Umweltauflagen ausgesetzt. Die Vorteile des Tiefdrucks liegen dabei auf der Hand: Er ist als zuverlässiges und stabiles Verfahren mit hoher Qualität bekannt und in der Wertschöpfungskette von Markenherstellern und Distributoren etabliert. Bisher wurde Tiefdruck jedoch hauptsächlich für lange Druckaufträge als profitabel angesehen, während kürzere Aufträge jedoch an Bedeutung gewannen.

Als Antwort auf diese Herausforderungen im Markt wurde die neue Tiefdruckmaschine DYNASTAR speziell für hohe Rentabilität bei kurzen Auflagen von nur wenigen tausend Metern entwickelt. Die Hauptvorteile, die mit dem DYNASTAR erzielt wurden, sind kürzeste Auftragswechselzeiten, maximale Produktionsverfügbarkeit, minimierte Substrat- und Farbabfälle beim Umrüsten und minimierter Platzbedarf.

Ein wichtiges Detail der Maschine ist das neue Einschubwagen-System DYNACART mit Druckzylinder, Farbwalze, Farbwanne und Farbversorgung, Spritzschutz und Rakelmesser. Dieses Konzept bietet die Möglichkeit, bei laufender Maschine alle Vorbereitungen für den nächsten Druckauftrag neben der Druckmaschine zu treffen. Selbst Einstellungen des Rakelsystems und der Farbwalze/ Farbwanne können durchgeführt werden, bevor die DYNACARTs in die Druckmaschine geschoben werden. Die Umrüstung der DYNACARTs dauert so nur wenige Minuten, was eine Zeitersparnis von 50% im Vergleich zu konventionellen Tiefdruckmaschinen bedeutet.
(Windmöller & Hölscher KG)

Newsgrafik #118579
 21.11.2017

Mit dem f:mp.-Fernstudium zu mehr Kompetenz im Marketing  (Firmennews)

Das f:mp.-Fernstudium Produktionsmanager (Print) bietet einen einfachen Weg zu einer wissenschaftlich fundierten und gleichzeitig praxisbezogenen beruflichen Qualifikation.

Das Fernstudium ist eine bewährte Möglichkeit der Weiterbildung, ohne die Berufstätigkeit durch ein Studium an einer fachbezogenen Hochschule oder Akademie zu unterbrechen. Das gibt die Freiheit, neben Beruf und Familie immer dann, wenn sich eine Gelegenheit bietet, ohne Terminstress und mit einem Lernaufwand von etwa acht bis zehn Stunden pro Woche die Karriereleiter hinaufzuklettern.

Das f:mp.-Fernstudium „Produktions-Management (Print)“ wendet sich an alle, die gerne mehr Verantwortung im weiten Bereich des Marketing übernehmen möchten. So erhalten die Praktiker der Branche die Gelegenheit, ein zusätzliches theoretisches Fundament zu bauen und somit den Anforderungen gerecht werden zu können, die sonst an Diplom-Kaufleute bzw. Betriebswirte gestellt werden.

In Kombination mit dem Fernstudiengang „Produktions-Management (Print)“ können spezialisierte oder zusätzliche Qualifikationen auf modularer Basis erworben werden. Bei allen Studiengängen werden mit dem erfolgreichen Abschluss ein Zertifikat und ein Manager-Titel verliehen. Der Fernstudiengang des f:mp. ist selbstverständlich staatlich (ZFU) geprüft und zugelassen.

„Ich kann nur jeden dazu einladen, sich selbst auf die Probe zu stellen. Mit ein wenig Selbstmotivation ist das Fernstudium wirklich eine einfache Möglichkeit, die eigene Fachkompetenz zu vergrößern“, erklärt Studienleiter Rüdiger Maaß. „Durch den ausgezeichneten Ruf der f:mp.-Qualifikationen stehen Ihnen mit dem Zertifikat auf dem Weg in die berufliche Zukunft viele Türen offen.“
(Fachverband Medienproduktion e.V. (f:mp.))

Newsgrafik #118580
 21.11.2017

Cascades Announces Third Quarter 2017 Results; Approaches target debt leverage ratio  (Company news)

Cascades Inc. (TSX: CAS) reports its unaudited financial results for the three-month period ended September 30, 2017.

Q3 2017 Highlights
-Sales of $1,103 million (compared to $1,130 million in Q2 2017 (-2%) and $1,021 million in Q3 2016 (+8%))
-As reported (including specific items)
---Operating income of $51 million (compared to $48 million in Q2 2017 (+6%) and $50 million in Q3 2016 (+2%))
---Operating income before depreciation and amortization (OIBD) 1 of $104 million (compared to $104 million in Q2 2017 and $98 million in Q3 2016 (+6%))
---Net earnings per common share of $0.35 (compared to net earnings of $2.70 in Q2 2017 and net earnings of $0.21 in Q3 2016)
-Adjusted (excluding specific items)
---Operating income of $53 million (compared to $51 million in Q2 2017 (+4%) and $55 million in Q3 2016 (-4%))
---OIBD of $106 million (compared to $107 million in Q2 2017 (-1%) and $103 million in Q3 2016 (+3%))
---Net earnings per common share of $0.20 (compared to net earnings of $0.25 in Q2 2017 and net earnings of $0.32 in Q3 2016)
-Announced construction of a new US$80 million state of the art corrugated packaging plant in Piscataway, New Jersey.
-Announced the closure of our Maspeth, New York , packaging plant. Property put up for sale for US$72 million.
-Net debt of $1,469 million as at September 30, 2017 (compared to $1,780 million as at June 30, 2017 ) and net debt to adjusted OIBD ratio 2 at 3.6x on a pro-forma basis 3 (compared to 4.2x as at June 30, 2017 on a pro-forma basis).

Mr. Mario Plourde (photo), President and Chief Executive Officer, commented: "We delivered improvements in consolidated reported operating income year-over-year during the third quarter in what was a challenging environment, due to disruptions by the hurricanes and increasingly difficult market conditions in the tissue sector. Strategically, we are confident that the plan we are implementing step by step, and which is focused on improved profitability through increasing integration, modernizing our manufacturing facilities and improving logistics by optimizing our geographic footprint, will provide our business segments with the platform to more successfully execute in times of increased business headwinds.

Looking at the performance of our business sectors, our Containerboard segment increased both sales and operating income year-over-year during the third quarter. This reflects the consolidation of Greenpac results beginning in the second quarter, higher selling prices following the final deployment of announced price increases, and a more favourable sales mix. These benefits were partially offset by higher raw material prices year-over-year, and the foreign exchange impact related to the appreciation of the Canadian dollar. Results similarly reflect slightly lower volumes that are attributable to North American transport grid disturbances following inclement weather combined with short-term inefficiencies following the final deployment of our new centralized transportation processes.

The lower results generated by our Tissue segment during the quarter reflect several factors. Key among these were higher raw material prices, a less favourable sales mix, lower volumes due to additional capacity coming to the market, higher transportation costs, weather-related network disruptions, and a lower than anticipated contribution from the Oregon converting plant due to slower market penetration.

The European Boxboard segment performed well during the quarter, with year-over-year results reflecting the stronger economic environment, improvements in volumes and average selling prices coupled with lower maintenance and energy costs, the benefits of which more than offset the negative impact of higher raw material prices. Finally, third quarter results from our Specialty Products segment declined slightly year-over-year. This reflects a lower contribution from recovery and recycling activities related to the appreciation of the Canadian dollar, higher raw material costs most notably resin, and slightly lower volumes, the effects of which were only partially offset by higher selling prices in industrial and consumer products.

At the corporate level, we are pleased with the progress of our internal transformation initiatives and ERP system implementation, which we expect will be finalized by the end of the year, as planned, after which we will turn our focus toward optimization. We are similarly pleased with the advancements made in our strategic plan, which include the solidifying of our Containerboard platform in the Northeastern US via the closure of our New York packaging plant and planned sale of the related property, and construction of a new state of the art containerboard converting facility in New Jersey . Finally, we have continued to make progress on our commitment to decrease our leverage ratio to within a range of 3.0x - 3.5x, which, when including results from Greenpac over the last 12 months, now stands at 3.6x on a pro-forma basis."
(Cascades Inc.)

Newsgrafik #118581
 21.11.2017

Mayr-Melnhof: Ergebnisse zum 3. Quartal 2017  (Firmennews)

- Ergebnis nähert sich hohem Niveau des Vorjahres
- Umsatz und Menge behauptet
- Akquisition von Kosmetik- Verpackungsstandort in Polen
- Erwartungen für Gesamtjahr 2017 intakt

Die Mayr-Melnhof Gruppe konnte mit dem guten dritten Quartal die kontinuierliche Verbesserung im bisherigen Jahresverlauf fortsetzen und sich erwartungsgemäß nach drei Quartalen dem hohen Ergebnisniveau des Vorjahres annähern. Beide Divisionen trugen mit insgesamt guter Auslastung der Werke sowie konsequentem Preis- und Kostenmanagement zur Behauptung der Ertragskraft des Konzerns bei. In der Kartondivision gelang es zudem, den starken Preisanstieg beim strategischen Rohstoff Altpapier sukzessive zu kompensieren.

Mit der Akquisition eines Verpackungsstandortes für Kosmetik- und Körperpflegeprodukte in Bydgoszcz, Polen, setzte MM Packaging die Erweiterung des Portfolios im hochwertigen Produktbereich fort. Das Faltschachtelunternehmen erzielte zuletzt einen Jahresumsatz von rund 16 Mio. EUR. Verkäufer war ASG Poland. Das Unternehmen, MMP Premium Polska, wird ab dem 4. Quartal 2017 in den Konzern einbezogen. Zielsetzung ist es, durch Integration und Produktivitätssteigerung mit nunmehr vier Verpackungsstandorten in Polen neues Wachstums- und Wertschöpfungspotential zu generieren.

Darüber hinaus wurden im Zuge der laufenden Investitionstätigkeit organische Wachstumsmöglichkeiten inner- und außerhalb Europas weiterentwickelt.

Unser Ziel, im Gesamtjahr 2017 an das Rekordergebnis des Vorjahres bestmöglich anzuschließen, bleibt unverändert.

Die konsolidierten Umsatzerlöse des Konzerns beliefen sich auf 1.749,1 Mio. EUR und lagen damit um 2,1 % bzw. 35,3 Mio. EUR über dem Vorjahreswert (Q1-3 2016: 1.713,8 Mio. EUR). Der leichte Anstieg wird durch beide Divisionen getragen.

Mit 158,9 Mio. EUR wurde ein betriebliches Ergebnis auf Vorjahresniveau (Q1-3 2016: 160,2 Mio. EUR) erreicht. Die Operating Margin des Konzerns lag damit stabil bei 9,1 % (Q1-3 2016: 9,3 %).

Finanzerträgen in Höhe von 1,6 Mio. EUR (Q1-3 2016: 2,3 Mio. EUR) standen Finanzaufwendungen von -4,5 Mio. EUR (Q1-3 2016:
-4,7 Mio. EUR) gegenüber. Infolge der Entkonsolidierung der tunesischen Packaging-Gesellschaften im zweiten Quartal kam es zu einem Einmalaufwand aus der kumulierten Währungsumrechnung in Höhe von 2,3 Mio. EUR, der im „Sonstigen Finanzergebnis − netto“ ausgewiesen wird.

Das Ergebnis vor Steuern lag demnach mit 151,9 Mio. EUR um 2,6 % unter dem Vergleichswert der Vorjahresperiode (Q1-3 2016:
155,9 Mio. EUR). Die Steuern vom Einkommen und Ertrag betrugen 38,6 Mio. EUR (Q1-3 2016: 40,4 Mio. EUR), woraus sich ein effektiver Konzernsteuersatz von 25,4 % (Q1-3 2016: 25,9 %) ermittelt.

Der Periodenüberschuss erreichte mit 113,3 Mio. EUR nahezu den Vorjahreswert (Q1-3 2016: 115,5 Mio. EUR).

AUSBLICK
Der Auftragseingang hat sich nach der Belebung zur Jahresmitte wieder auf ein stabiles Niveau eingependelt. Die Rahmenbedingungen bleiben aber von hoher Wettbewerbsintensität geprägt und erfordern kontinuierlich Maßnahmen zur Verbesserung der Kosteneffizienz und Produktoptimierungen. Sowohl MM Karton als auch MM Packaging gelingt es, sich hierin gut zu profilieren, wodurch der weitere Geschäftsverlauf von Kontinuität geprägt sein sollte. Trotz leichter Entspannung bei den Altpapierpreisspitzen entwickeln sich die Faserstoffkosten aktuell weiter auf hohem Niveau. Unser Ziel, in 2017 an das Rekordergebnis 2016 anzuschließen, bleibt intakt, aufgrund des starken Schlussquartals im Vorjahr aber anhaltend herausfordernd.

MM Karton
Im Zuge der schrittweisen Nachfrageverbesserung auf dem europäischen Kartonmarkt während der ersten drei Quartale 2017 ist der durchschnittliche Auftragsstand von MM Karton auf rund 82.000 Tonnen nach 47.000 Tonnen in den ersten neun Monaten des Vorjahres angestiegen. Mit 98 % (Q1-3 2016: 98 %) waren die Kapazitäten der Division weiter nahezu voll ausgelastet.

Eine besondere Herausforderung lag im deutlichen Preisanstieg beim strategischen Rohstoff Altpapier, welchem durch sukzessiv verbesserte Kartonpreise sowie eine selektive Absatzpolitik erfolgreich begegnet werden konnte. Preistreibend bei Altpapier wirkten die starke Nachfrage aus Asien in der ersten Jahreshälfte sowie die Bevorratung neuer europäischer Maschinen für Wellpappenrohpapiere und die zunehmend festere Nachfrage in Europa.

Sowohl Kartonproduktion als auch -verkauf lagen mit 1.269.000 Tonnen bzw. 1.266.000 Tonnen leicht über den Vergleichswerten des Vorjahres (Q1-3 2016: 1.255.000 Tonnen bzw. 1.258.000 Tonnen). Mit einem Verkaufsanteil von rund 80 % nach Europa und 20 % in Märkte außerhalb Europas wurde leicht mehr auf außereuropäischen Märkten abgesetzt (Q1-3 2016: 82 % bzw. 18 %).

Die Umsatzerlöse erhöhten sich mengen- und preisbedingt moderat auf 788,9 Mio. EUR (Q1-3 2016: 777,5 Mio. EUR). Das betriebliche Ergebnis lag mit 54,6 Mio. EUR leicht über der Vergleichsperiode (Q1-3 2016: 54,4 Mio. EUR), sodass die Operating Margin mit 6,9 % auf Vorjahresniveau gehalten wurde (Q1-3 2016: 7,0 %).

MM Packaging
Die Nachfrage am europäischen Konsumgütermarkt und damit auch für Faltschachteln zeigte nach einem verhaltenen Jahresbeginn seit Ende des zweiten Quartals eine leichte Belebung. Der Auftragseingang von MM Packaging folgte diesem Trend, wodurch sich die Auslastung insgesamt verbesserte, jedoch mit anhaltender Heterogenität zwischen den Werken. Der Preiswettbewerb blieb intensiv, zum einen aufgrund des hohen Kosten- und Optimierungsdrucks in unseren Abnehmerbranchen, zum anderen infolge ausreichender Fertigungskapazitäten am europäischen Markt. Hinzu kam ab Jahresmitte die Notwendigkeit, die Preiserhöhung für Recyclingkarton weiterzugeben.

Unter den herausfordernden Rahmenbedingungen gelang es MM Packaging aber, das gute Ertragsniveau durch konsequenten Fokus auf Kostenführerschaft sowie Markt- und Produktentwicklung zu halten. Im Zuge verstärkter Investitionstätigkeit wurden zudem die Wachstumsmöglichkeiten inner- und außerhalb Europas weiterentwickelt sowie neue Kostenoptimierungspotentiale in Angriff genommen.

Die Umsatzerlöse stiegen um 2,3 % auf 1.036,8 Mio. EUR (Q1-3 2016: 1.013,4 Mio. EUR). Mit 104,3 Mio. EUR näherte sich das betriebliche Ergebnis weiter dem Vorjahr (Q1-3 2016: 105,8 Mio. EUR). Die Operating Margin lag demnach solide bei 10,1 % (Q1-3 2016: 10,4 %).

Die verarbeitete Tonnage blieb mit 570.000 Tonnen unverändert, während sich das Bogenäquivalent auf 1.707,4 Millionen
(Q1-3 2016: 1.689,3 Millionen) leicht erhöhte.

Akquisition Polen
Anfang Oktober 2017 hat die Division MM Packaging den Faltschachtelstandort von ASG Poland in Bydgoszcz, Polen, im Rahmen eines Asset Deals um rund 9,0 Mio. EUR erworben. Das Unternehmen produziert Verpackungen für Kosmetik- und Körperpflegeprodukte. Die Einbeziehung in den Konzern erfolgt ab dem 4. Quartal 2017.

Ausbau Iran und Vietnam
Die Entwicklung unserer Standorte in Teheran, Iran, und Ho Chi Minh City, Vietnam, wurde durch Ausbau des Maschinenparks in Technologie und Kapazität mit Fokus auf Hochleistung und Qualität fortgeführt.

Erweiterung Jordanien
In Jordanien wurden die Kapazitäten am Standort Amman sowohl erweitert als auch technologisch ausgebaut, um einen weiteren Wachstumsschritt mit internationalen Kunden zu ermöglichen.

Neuaufstellung Tunesien
In Tunesien wurde die Produktion von MM Packaging an den lokalen Marktführer, Société Tunisienne des Emballages Modernes, gegen Erhalt eines Anteils von 45 % an demselben übertragen, um Synergien zu nutzen.
(Mayr-Melnhof Karton Gesellschaft m.b.H.)

Newsgrafik #118584
 21.11.2017

Rottneros invests another 117 SEK within the framework of Agenda 500  (Company news)

As a next step in the capacity development of Rottneros Mill (photo), Rottneros’ Board has granted further investments in the CTMP line. The investment, CTMP Step 2, increases capacity by approximately 18,000 tonnes per year and is expected to be operational in the fall of 2018. The investment follows the strategic development plan Agenda 500, where a first capacity-enhancing investment in the CTMP line was made in 2016. Within Agenda 500, Rottneros Mill has put into operation a bio mass boiler in the third quarter of 2017 that replaces an oil-based boiler and made the mill practically fossil-free. The expansion of the purification plant is an ongoing investment that is expected to be put into operation in 2018.

The Rottneros Mill has a strong position as a supplier of high yield pulp. With increased capacity, we ensure that Rottneros can be a reliable supplier of CTMP and an attractive partner for our customers, says Lennart Eberleh, President and CEO of Rottneros AB.

The Vallvik Mill was granted a new environmental permit in 2016 which allows production of 255,000 tonnes of chemical pulp per year. The permit also includes increased requirements regarding sulfur emissions. In order to meet the requirements, the mill will invest in a weak gas collection system. Final negotiations with the potential suppliers will begin immediately. The investment is expected to be put into operation in Q4 2018.

Agenda 500 includes both environmental and capacity investments. For Vallvik Mill, the investment in the weak gas collection system is another environmental investment to ensure the long-term sustainability of the mill, comments Lennart Eberleh, President and CEO of Rottneros.
(Rottneros AB (publ))

Newsgrafik #118585
 21.11.2017

Verso Corporation Reports Third Quarter 2017 Financial Results  (Company news)

Verso Corporation (NYSE: VRS) reported financial results for the third quarter of 2017, including net sales of $621 million, net income of $4 million, and adjusted EBITDA of $47 million.

Overview
"Verso rebounded significantly in the third quarter, from the second quarter of 2017, as a result of better pricing, increased sales in the growing specialty papers market, less downtime and continuing, aggressive cost reduction initiatives," said Verso Chief Executive Officer, B. Christopher DiSantis (photo). "We significantly improved cash flow and retired a substantial amount of debt while increasing liquidity. Verso moves into the fourth quarter with strong earnings momentum driven by a full order book, no planned downtime and a much leaner administrative cost structure."

Comments to Results of Operations - Comparison of Three Months Ended September 30, 2017 to Three Months Ended September 30, 2016
-Net sales for the third quarter of 2017 decreased by $54 million compared to the third quarter of 2016. The sales decline was primarily attributable to a decrease in total sales volume due to the general softening of demand for coated papers and our capacity reductions at our Androscoggin Mill, partially offset by a 1% increase in price.
-Gross margin, excluding depreciation, amortization, and depletion expenses, increased from 4.9% of net sales in the third quarter of 2016 to 11.1% in the third quarter of 2017. Gross margin in the third quarter of 2016 was negatively impacted by work-in-process and inventory fair value adjustments associated with fresh-start accounting of $41 million. Without these fresh-start accounting adjustments, gross margin percentage would have been relatively flat quarter over quarter. Gross margin in the third quarter of 2017 was positively impacted by reductions in manufacturing overhead costs, lower maintenance costs, timing of major maintenance activities which were performed more during the third quarter in 2016 versus the second quarter in 2017, capacity reductions at the Androscoggin Mill and increased sales price, offset by lower sales volume, higher freight rates and the effects of taking downtime at our mills.
-Depreciation, amortization and depletion for the third quarter of 2017 was lower than the third quarter of 2016, which was attributable to the capacity reductions at our Androscoggin Mill and reduction in the carrying value of our property, plant and equipment as a result of adopting fresh-start accounting.
-SG&A expense reduction was primarily attributable to cost reduction initiatives implemented across the Company.
-Reorganization items, net for the Predecessor period from July 1, 2016 to July 14, 2016 was a net gain of $1,302 million, primarily attributable to adjustments to reflect the non-cash gain associated with the elimination of debt, offset by the non-cash impact of fresh-start accounting and professional fees directly associated with our Chapter 11 cases.

Comments to Results of Operations - Comparison of Nine Months Ended September 30, 2017 to Nine Months Ended September 30, 2016
-Net sales for the first nine months of 2017 decreased by $173 million compared to the first nine months of 2016. The sales decline was attributable to both a decrease in total sales volume and a decrease in pricing due to the general softening of demand for coated papers and our capacity reductions at our Androscoggin Mill, partially offset by improvement in product mix.
-Gross margin, excluding depreciation, amortization, and depletion expenses, decreased from 9.4% of net sales in the first nine months of 2016 to 7.6% in the first nine months of 2017. Gross margin in the first nine months of 2016 was negatively impacted by work-in-process and inventory fair value adjustments associated with fresh-start accounting of $41 million. Gross margin in the first nine months of 2017 was negatively impacted by lower sales volume, lower sales prices, inflation in chemicals and energy costs and inventory reduction initiatives, partially offset by lower wood costs and reductions in manufacturing overhead costs.
-Depreciation, amortization and depletion for the first nine months of 2017 was lower than the first nine months of 2016, which was attributable to the capacity reductions at our Androscoggin Mill, the closure of the Wickliffe Mill and the reduction in the carrying value of our property, plant and equipment as a result of the adoption of fresh-start accounting, partially offset by accelerated depreciation in the first quarter of 2017 in connection with the temporary idling of the No. 3 paper machine at our Androscoggin Mill.
-SG&A expense reduction was attributable to cost reduction initiatives implemented by management across the Company, reduced pre- and post-reorganization costs as well as a reclassification of 2017 SG&A to cost of products sold, attributable to a change in accounting policy adopted in connection with fresh-start accounting.
-Restructuring charges for the first nine months of 2017 are primarily associated with the closure and relocation of the Memphis office headquarters and closure of the Wickliffe Mill. Restructuring for the first nine months of 2016 consisted primarily of non-cash fixed asset write-down charges from the closure of our Wickliffe Mill.
-Other operating income for the first nine months of 2016 was $55 million, primarily attributable to the sale of hydroelectric facilities in January 2016.
-Reorganization items, net for the Predecessor period from January 1, 2016 to July 14, 2016 was a net gain of $1,338 million, primarily attributable to adjustments to reflect the non-cash gain associated with the elimination of debt, offset by the non-cash impact of fresh-start accounting and professional fees directly associated with our Chapter 11 cases.

Guidance
The Company is providing the following guidance:
2017 Fourth Quarter
-Sales of $635-645 million
-Capital expenditures of $15-18 million

Presentation of Predecessor and Successor Financial Results
Verso Corporation (the "Company") adopted fresh-start reporting as of July 15, 2016 (the "Effective Date"), the effective date of its First Modified Third Amended Joint Plan of Reorganization under Chapter 11 of the U.S. Bankruptcy Code dated June 20, 2016, and the date that Verso emerged from its Chapter 11 cases. As a result of the application of fresh-start reporting, the Company's financial statements for periods prior to the Effective Date are not comparable to those for periods subsequent to the Effective Date. References to "Successor" refer to the Company on or after the Effective Date. References to "Predecessor" refer to the Company prior to the Effective Date. Operating results for the Successor and Predecessor periods are not necessarily indicative of the results to be expected for a full fiscal year. References such as the "Company," "we," "our" and "us" refer to Verso Corporation and its consolidated subsidiaries, whether Predecessor and/or Successor, as appropriate.

Reconciliation of Net Income (Loss) to EBITDA and Adjusted EBITDA
EBITDA consists of earnings before interest, taxes, depreciation, and amortization. Adjusted EBITDA reflects adjustments to EBITDA to eliminate the impact of certain items that we do not consider to be indicative of our performance. We use EBITDA and Adjusted EBITDA as a way of evaluating our performance relative to that of our peers and to assess compliance with our credit facilities. We believe that Adjusted EBITDA is a non-GAAP operating performance measure commonly used in our industry that provides investors and analysts with a measure of ongoing operating results unaffected by differences in capital structures, capital investment cycles, and ages of related assets among otherwise comparable companies.

We believe that the supplemental adjustments applied in calculating Adjusted EBITDA are reasonable and appropriate to provide additional information to investors.
(Verso Corporation)

Newsgrafik #118587
 21.11.2017

SCA Packaging Obbola extends online monitoring in pulp mill with Intellinova Parallel EN  (Company news)

Swedish pulp and kraft linerboard mill SCA Packaging Obbola is now investing in its first two online systems of the Intellinova Parallel EN model, the most recently developed SPM online system which is also very well-suited to Industry 4.0, where data quality is a success factor.

Photo: The SCA plant in Obbola. Photo: sca.com

Intellinova Parallel EN is a high-performance online condition monitoring system with sixteen channels, with parallel and synchronous measurement capacity on all channels. The system offers extensive functionality and flexibility to suit different measurement configurations. The SCA purchase also includes thirty-two DuoTech accelerometers, which effectively combine vibration and shock pulse measurement in the same sensor using the two patented HD ENV and SPM HD technologies.

High-quality HD data and good connectivity to other systems make the Intellinova Parallel EN system work well in Industry 4.0 contexts, where data quality is essential for high-precision analysis and good decision-making.

The online systems will monitor the mechanical condition of a wash press and a wash filter, both of which are low-speed applications. For four of the bearings in the wash filter, the rotational speed is as low as 2 RPM. Measurement data is analyzed in the comprehensive Condmaster Ruby 2018 software, which offers a wealth of practical analysis and diagnostic features. Installation and deployment of the systems take place before the end of 2017/2018 in cooperation between SCA and SPM.

Maintenance engineer Per Wiklund stated: "With this equipment, we will be able to act more proactively – that way we will increase the availability of the plant."

Other versions of the Intellinova online system have been in use for several years at Obbola, including a wash press in the digester plant, as well as on the wire, press, and dryer sections of the linerboard machine.
(SPM Instrument AB)

Newsgrafik #118599
 21.11.2017

Lecta's New GardaPremium Natural Catalogue  (Company news)

The new swatchbook highlights the paper’s attractive natural shade

GardaPremium Natural is a 2 side coated woodfree silk paper with a smooth
surface and a natural shade. It offers good thickness, extraordinary runnability, high stiffness and good resistance to cracking on fold, in addition to high opacity. These characteristics guarantee excellent print results for any type of project, as with all of Lecta’s premium coated papers.

With the new GardaPremium Natural catalogue, you can directly observe the paper’s natural white shade, obtained without the addition of optical brighteners. This neutral tone is perfect for enhancing color as well as black-and-white images, highlighting every detail.

The catalogue, whose sober and elegant design features the emblematic fan-shaped leaf of the gingko tree, contains printed and unprinted samples of the different grades available: 135, 150, 170 and 200 g/m2, along with detailed technical information in English and Italian.
(LECTA)

Newsgrafik #118561
 20.11.2017

Spare parts go digital: a boost for the industrial spare parts business  (Company news)

Five percent of spare parts could currently be stored in digital warehouses. This would make parts more quickly and easily available, while creating considerable cost savings. Digitalisation will also enable individual customisation and an increase in the intelligence of parts.

A two-year project involving companies, and led by VTT Technical Research Centre of Finland and Aalto University, investigated how businesses can gain a competitive advantage from digital spare parts.

Spare parts and all of the related information can be stored and transferred digitally. Availability increases when a new spare part can be 3D-printed according to need, close to the end user.

“Industry now has every opportunity to boost business by making spare parts into a focus area of development. Around five percent of parts can currently be manufactured digitally, according to need. 3D printing technology has reached the stage where high-quality manufacturing is possible,” says Sini Metsä-Kortelainen, VTT’s project manager for the project.

Big production plants maintain large spare-part warehouses, where a vast number of parts wait for long periods before being used.

“Capital is released for more productive use when stock decreases. Demand-based manufacturing also reduces the environmental burden, because spare parts are not left unused. Another major opportunity lies in reducing downtimes through faster spare-part manufacture,” says Mika Salmi, project manager of the project for Aalto University.

The research project found that digital spare parts are particularly appropriate in the case of extremely old or rarely needed parts, the warehousing or availability of which would not be viable. “We have a lot of individual items and are keenly awaiting the new flexibility and speed 3D production will bring,” says Petri Strengell, Group Vice President of Raute.

The challenge is digitizing of parts
Manufacturers are already using 3D printing in product development and, to an increasing extent, in the production of spare parts. However, most spare parts are designed for manufacture by traditional methods – information that would enable their direct 3D printing is unavailable. The challenge lies in identifying 3D-printable parts from spare part libraries and arranging the data in such a manner that all other manufacturing information is available in addition to 3D models. The automotive industry is the first sector to engage in digitalisation.

The project also involved the development of concepts for the future. Digital manufacturing enables the customisation of parts as needed, making countless numbers of product versions or upgrades possible. In addition, various identifiers or sensors can be added to spare parts during manufacture, enabling the functioning of machines and equipment to be monitored or parts to be authenticated. If a spare part is equipped, say, with a wear sensor, as it wears the part can even initiate the manufacture of a replacement itself.

Valued at around EUR 1.4 million, the project forms part of Tekes’ Industrial Internet programme. Launched at the beginning of 2016, the project is funded by Tekes and the participating research organisations and companies: 3DTech Oy, ABB Oy Drives, AM Finland Oy, Hetitec Oy, Kone Corporation, Laserle Oy, Materflow Oy, Grano Oy, Patria Aviation Oy, Raute Corporation, Rolls-Royce Oy Ab, Sacotec Components Oy and Wärtsilä Finland Oy. The Finnish Technology Industries Federation is a partner of the project.
(VTT Technical Research Centre of Finland)

Newsgrafik #118570
 20.11.2017

Toscotec successfully completed a dryer section rebuild for Smurfit Kappa in Barbosa (Colombia)  (Company news)

In 2016 Smurfit Kappa awarded Toscotec with the rebuilding of the Company´s Barbosa paper machine’s dryer section. The target operating speed of the machine after startup was set at 1,000 mpm.

Following an extensive project that lasted 25 months, with 36 days of setup from paper to paper, the PM was successfully commissioned and started up in July 2017.

The main target of the project was to improve the efficiency of the PM, by increasing its operating speed and production. The alliance between Toscotec and Smurfit Kappa has lead the packaging company to increase containerboard production to 120,000 tonnes per year which means an increase in the corrugating machines production.

Enrico Fazio, Toscotec’s Paper & Board Sales Manager stated, “Toscotec’s long-standing experience in dryer section rebuilds, using TT SteelDryer, our unique dryers with an extremely high drying capacity, and the advanced rope-less tail threading system, was the deciding factor in the customer’s choice. We are very proud of our partnership with Smurfit Kappa and we would like to thank the SK team in Barbosa for their great cooperation during the entire project”.

According to Carlos Mario Londoño, the project manager, "This was a very complex project to carry out. Thanks to the collaboration of suppliers such as Toscotec, we achieved the our goal within the time we had established”.
(Toscotec S.p.A.)

Newsgrafik #118571
 20.11.2017

Es gibt Kuchen! Innovative Wellpappe-Backform vervollständigt Sanella Back-Set  (Firmennews)

Unilever und Thimm erschaffen ein völlig neues Backerlebnis und entwickelten gemeinsam das Sanella Back-Set „Riesen-Stück Kuchenglück“ mit einer dreieckigen Backform aus Wellpappe. Damit erweitern die Unternehmen den Markt für eine jüngere Zielgruppe im Bereich Backen.

Backmischungen sind oft der Einstieg zum Backen. Um insbesondere junge Konsumenten anzusprechen, entwickelte Unilever das Sanella Back-Set „Riesen-Stück Kuchenglück“.
Das Set enthält eine Backmischung, 250g Sanella Margarine, Dekorzucker und eine Wellpappe-Backform. Es ist in den Geschmacksvarianten Schoko, Marmor und Zitrone erhältlich. Unilever und Thimm perfektionierten die Idee über mehrere Monate, wobei alle gruppenübergreifenden Stärken der Thimm-Geschäftsbereiche genutzt wurden. Dadurch stammen neben der Verpackungsentwicklung auch die Umverpackungen inklusive innovativer Wellpappe-Backform, der Verpackungsdruck und die Displays aus der Thimm Gruppe.

„Die dreieckige Verpackungskonstruktion erinnert an ein Kuchenstück und ist in Verbindung mit unserer Wellpappe-Backform einzigartig auf dem Markt. Die Backform aus weißer Thimm foodWave® | heatproof ist fettabweisend und für den direkten Kontakt mit Lebensmitteln zertifiziert“, erklärt Malte Zinnecker, Key Account Manager bei Thimm.
Die selbsttragende Verpackung kommt auch in der Zweitplatzierung zum Einsatz, wodurch wenige Displaykomponenten nötig waren. Dies führte zu einem niedrigen Materialeinsatz mit minimalen Kosten. „Um die hohen Hygieneanforderungen für Lebensmittelverpackungen einzuhalten, liefert Thimm aus BRC/IoP High Risk-zertifizierten Werken zu Unilever“, ergänzt Jo van Waterschoot, Key Account Manager bei Thimm. „Unter hohen Hygienebedingungen werden die flach gelieferten Verpackungen bei Unilever konfektioniert und im Display mit Haube in den Handel geliefert. Die Displays ermöglichen einen lagenweisen Abverkauf und sind sowohl in der Vorkühlzone als auch im Bereich der Backmischungen platziert.“

Die partnerschaftliche Zusammenarbeit zwischen Unilever und Thimm besteht seit mehr als zehn Jahren. Enge Abstimmungen in dem cross-funktionalen Projektteam und die stetige Weiterentwicklung der ersten Idee perfektionierten das Ergebnis.
(THIMM Group GmbH + Co. KG)

Newsgrafik #118572
 20.11.2017

MPM: Announcing New Senior Technical Sales Manager  (Company news)

Dawn Soucek (photo) has joined the Sales and Marketing team of Monadnock Paper Mills, Inc. as a Senior Technical Sales Manager. Dawn is a proven business development professional with extensive experience in technical/specialty papermaking.

For over 11 years, Dawn was responsible for developments in specialty barriers and packaging at Verso Specialty Papers. Dawn excels in building customer relationships and assessing complex requirements across a broad range of markets and applications.

“Dawn will represent Monadnock from her home base in Stevens Point, Wisconsin. We are looking forward to growing our presence in the mid-west region of the United States where there are significant growth opportunities for Monadnock’s technical/specialty papers,” said Brendan Lesch, vice president of sales and marketing at Monadnock. “Dawn’s background in packaging, chemistry and applied sciences will help us accelerate the development and customization of new products.”
(MPM Monadnock Paper Mills Inc.)

Newsgrafik #118575
 20.11.2017

Eine fantastische Show - MBO, Herzog+Heymann und Friedheim International ziehen Bilanz ...  (Firmennews)

...über die Ipex 2017

Die Ipex 2017 ist schon wieder Geschichte. Zeit, nach der Messe Bilanz zu ziehen. Lag es am Brexit? Oder an der Insellage Großbritanniens? Oder an der kaum spürbaren Publicity außerhalb Englands? Oder einfach daran, dass es die kleineren Printmessen generell immer schwerer haben? Die Ausstellungsfläche war gegenüber vorherigen Messen drastisch verkleinert, der Catering-Bereich im Vergleich zu den Messeständen groß. Die Besucher kamen überwiegend aus Großbritannien. Vereinzelt sind Besucher aus fernen Gegenden wie Asien oder Australien angereist – und haben sich sicherlich über diese kleine Messe gewundert.

Bild: Padraic Kierans (m.), Geschäftsführer der Anglo Printers Ltd aus Irland, freut sich über seine neue MBO K80. Stuart Bamford (l.) und Mitch Ball (r.) haben ihn beraten. Beide sind bei Friedheim International für den Vertrieb von Weiterverarbeitungsequipment zuständig.

Dennoch zeigt sich Friedheim International, mit 195 m² Standfläche einer der größten Aussteller, alles andere als enttäuscht. Friedheim hat auf seinem Messestand Equipment von zehn Partnern präsentiert, unter anderem von MBO und Herzog+Heymann. Die ausgestellte Kombifalzmaschine K80, neuestes Produkt im MBO-Portfolio, konnte direkt auf der Messe an die Firma Anglo Printers Ltd aus Irland verkauft werden. Eine weitere MBO-Maschine hat ebenfalls bereits auf der Ipex einen Käufer gefunden.

Herzog+Heymann, 100-prozentige MBO-Tochter, hat eine Rillmaschine mit Tech-ni Fold Werkzeugen vorgestellt. Der Spezialist für Sondermaschinenbau ging nach der Messe mit diversen vielversprechenden Projekten nach Hause. Dazu Frank Bahmer, Produktmanager/Vertrieb bei Herzog+Heymann: "Der Charakter von Messen hat sich in den letzten Jahren stark gewandelt. Es ist nicht mehr selbstverständlich, dass viele Maschinen auf den Shows verkauft werden. Die Kunden kommen eher mit ganz konkreten Jobs zu uns und erwarten von uns eine Lösung." Dietmar Schrimm, Vertrieb bei MBO ergänzt: "Auch wenn die Ipex weniger Zulauf hat als früher, ist zu spüren, dass die Besucher exzellent vorbereitet sind. Wir haben sehr hochwertige Gespräche führen können. Das hilft uns natürlich unter anderem dabei, unsere Produkte zu verbessern."

In diesem Sinne fällt das Resümee von Zunaid Rahman, Marketing Manager bei Friedheim International, begeistert aus: "Wir hatten eine fantastische Show".
(MBO Maschinenbau Oppenweiler Binder GmbH & Co KG)

Newsgrafik #118576
 20.11.2017

Kemira celebrated its new production line in Joutseno, Finland – production capacity nearly doubled  (Company news)

​Kemira celebrated on November 7 the opening of its new sodium chlorate production line in Joutseno, Finland.

The first production line for sodium chlorate started in Joutseno around 40 years ago and the latest expansion announced in March 2016 was finalized slightly ahead of the planned schedule. Kemira is globally the biggest supplier of pulp and paper chemicals, and the global leader in the chemical water treatment in Europe and USA.

Kemira invested approximately EUR 50 million in the new production line which is among the biggest manufacturing site investments in Finland made in recent years. In addition, it is South Karelia’s second-largest industrial project in 2016–2017. The construction project employed 200 people during the most active construction phase.

The new production line for sodium chlorate uses Kemira’s own patented technology, and the new expansion nearly doubled the manufacturing site’s production capacity. Daily, about 10 sodium chlorate trucks leave the site to Finland and abroad.

“This investment strengthens Kemira’s position as the leading chemical supplier for the pulp & paper industry globally. The consumption of bleaching chemicals is increasing due to the recent pulp mill expansions and the announced greenfield projects in the Nordics. We want to be ready to serve our growing customer industry even better now and in the future” says Kim Poulsen, President, Pulp & Paper segment.

”Kemira will turn 97 this year. During these almost 100 years, we have gained extensive knowledge and technology to serve our customers in the best possible way. The Joutseno expansion is one example of our know-how and of our long-term commitment to serve the pulp and paper industry. Our goal is to be the most customer oriented company in the industry and we want to be the first choice in chemistry for our customers” continues Poulsen.
(Kemira Chemicals Oy)

Newsgrafik #118552
 17.11.2017

BÖWE SYSTEC Exclusive Days 2018  (Firmennews)

Seien Sie gespannt auf den 18. April 2018

Bei den „BÖWE SYSTEC Exclusive Days“ erlaubt der Augsburger Spezialist für Postpress- und Logistik-Automation regelmäßig einen Blick hinter die Kulissen des Unternehmens. Mitte April kommenden Jahres ist es wieder soweit – dann finden die Exclusive Days 2018 statt.

Es ist ein Termin, den sich Mailroom- und Logistik-Experten unbedingt im Kalender vormerken sollten: Für Mittwoch, 18. April 2018, lädt BÖWE SYSTEC wieder zur Hausmesse, den „BÖWE SYSTEC Exclusive Days“, nach Augsburg ein.

Am Inhouse-Event des Maschinenbauunternehmens schätzen die internationalen Besucher insbesondere die ungezwungene, familiäre Atmosphäre, in der sie Produkt-Highlights von BÖWE SYSTEC kennenlernen und im persönlichen Fachgespräch Lösungen für ihre ganz speziellen Anforderungen erörtern können.

Freuen Sie sich deshalb im kommenden Frühjahr auf den gewohnt reichhaltigen Mix aus informativen Vorträgen und Live-Demonstrationen der aktuellen Systeme aus den Bereichen Kuvertieren, Kartenversand oder Paketsortierung. Und natürlich auf spannende Neuheiten!

Wenn Sie an den „Exclusive Days“ teilnehmen möchten, wenden Sie sich gerne an Ihren zuständigen Vertriebsmitarbeiter.

Weitere Informationen finden Sie dazu auf:
- www.boewe-systec.com
(Ihren Ansprechpartner finden Sie unter Vertrieb & Services)
- www.exclusive-days.com
(Böwe Systec GmbH)

Newsgrafik #118542
 17.11.2017

BOBST präsentiert SPEEDPACK – die ultimative abpacklösung  (Firmennews)

BOBST gab die Markteinführung des SPEEDPACK bekannt. Mit der innovativen automatischen Abpackanlage für Wellpappeprodukte können Kunden nun das volle Potential ihrer BOBST Faltschachtel-Klebemaschinen ausschöpfen. Hohe Produktionsgeschwindigkeiten und extrem kurze Rüstzeiten ermöglichen eine erhebliche Steigerung der Produktivität.

„SPEEDPACK ist eine revolutionäre Abpackanlage für Verpackungen aus Wellpappe, die die Schachteln am Ausgang der Faltschachtel-Klebemaschine sanft aufnimmt und in der gewünschten Weise stapelt – schnell, zuverlässig und ohne jeden Qualitätsverlust“, erklärt Jacques Reymond, Head of Product Marketing der Business Unit Sheet-fed. „Wir haben unsere Kunden gefragt, wie sich ihre Faltschachtel-Klebemaschinen weiter optimieren lassen, und SPEEDPACK ist unsere Antwort darauf. Wir glauben, dass die Anlage völlig neue Maßstäbe setzt.“

Dank des reibungslosen Betriebs und des platzsparenden, ergonomischen und leicht zugänglich Designs, bei dem Rüstzeiten für Wiederholaufträge nahezu vernachlässigt werden können, eignet sich die robuste Abpackanlage für praktisch jede Art von Verpackungen und garantiert dabei gleichbleibend hohe Qualität. Die Anlage ist zudem komplett modular und somit eine zukunftssichere Investition, die mit den Anforderungen der Kunden wächst.

„Die Anlage leistet einen wichtigen Beitrag zur Kostensenkung und Optimierung der Produktqualität und Anlageneffizienz und ermöglicht einen schnellen Return of Investment“, erklärt Emilio Corti, Head of Sales der Business Unit Sheet-fed. „Als produktivste Abpackanlage auf dem Markt wird der SPEEDPACK bald die logische Erweiterung für Faltschachtel-Klebemaschinen für die Verarbeitung von Wellpappe sein.”

BOBST hat den neuen SPEEDPACK erstmals im Oktober 2017 auf einem FEFCO-Fachseminar öffentlich präsentiert und seinen Mehrwert für die Produktion von Verpackungen aus Wellpappe dargestellt.
(Bobst Mex SA)

Newsgrafik #118555
 17.11.2017

Smurfit Kappa leads the way in sustainability with new water milestone   (Company news)

Sustainable packaging leader Smurfit Kappa has announced that it has slashed the chemical oxygen demand (COD) in its water discharge three years early.

The company had set an ambitious goal to improve the quality of its water quality by reducing the COD by 1/3 per tonne of produced paper by the end of 2020 compared to 2005. This significant improvement in water quality is an important step for protecting aquatic life and comes after extensive research and development.

Smurfit Kappa invested over €60 million in sustainable water treatment technology installing anaerobic water treatment processes that do not need oxygen and subsequently use less energy, followed by aerobic treatment to ensure low COD results. The treatment transforms water pollutants into biogas which is then reused as fuel in the company’s combined heat and power plants.

This milestone is the latest in a series of sustainability achievements and follows on from Smurfit Kappa reaching full chain of custody certification for its entire raw material supply chain earlier this year.

Speaking about achieving the latest goal, Steven Stoffer, VP of Development at Smurfit Kappa said: “We are very proud to have reached our water target in 2017, three years ahead of our 2020 goal. This is thanks to the extensive knowledge and experience we have gained in water treatment over the past decades and our focus on closing loops wherever possible. We aim to return all our water to nature as clean as before.”

“With our commitment to Forest Certification and Chain of Custody certified products, Smurfit Kappa is also actively contributing to the management and protection of the forests’ natural water cycle. By complying with certified sustainable forest management according to FSC®, PEFC™ and SFI® standards, we are proud to protect and support nature’s very important water manager.”

Water is one of the five key sustainability areas for Smurfit Kappa along with Forest, Climate Change, Waste and People.
(Smurfit Kappa Group Headquarters plc)

Newsgrafik #118556
 17.11.2017

New fluff capacity on its way   (Company news)

Work on two major investment projects
During the annual shutdown, the installations for two major investment projects were done. One project is a new gas collection system that will reduce sulfur emissions and increase the mill’s environmental performance. This investment is worth EUR 15 million and is expected to be completed by the end of 2017.

Photo: Skutskär mill’s annual maintenance shutdown was in October. There were over 1 700 jobs that were planned to be performed during the just over two-week stop: maintenance shutdown, maintenance, inspections, cleaning, service, repairs and connection of new equipment were carried out. "The annual maintenance shutdown is a prerequisite for being able to rebuild our mill so that we are able to produce pulp around the clock for the rest of the year," says Henrik Holm, Mill Director at Stora Enso Skutskär mill.

The second major project in progress is to increase the production of fluff pulp by approximately 160 000 tonnes per year. This investment is EUR 26.5 million and is expected to be completed during the second quarter of 2018. Fluff pulp is mainly used in airlaid hygiene products, such as diapers, feminine care and adult incontinence products. It is also used in tabletop products and wipes. Both hygiene and non-woven products are fast-growing markets. This capacity increase will enable Stora Enso to support the growth of our customers and further develop the business with them. Stora Enso’s mill in Skutskär is the biggest fluff pulp producer in Europe.

Well prepared
Thorough planning prior to maintenance shutdown is essential. Work is ongoing throughout the year to ensure that the maintenance shutdown is as successful as possible. In order for all the work to be done, the regular staff of 350 people gained reinforcement of 1300 contractors. "There were many people in place and a lot of work to be done. But we were well prepared for this gigantic teamwork," says Henrik Holm.

Top priority in safety
Safety has always the highest priority in Stora Enso. "Everybody home safe every day" is the motto that applies to all work that is done in the company. During the shutdown, for example, employees made daily safety tours at the mill and all contractors had to take local safety training before starting their work at the mill. "I am very satisfied with the fact that we did not have any serious accidents in this massive shutdown with so many jobs and many contractors involved. Good work was performed in order to reach this. However, we also realised that we have areas to further strengthen and improve in our safety performance and we will start that work immediately", concludes Henrik Holm.
(Stora Enso Fine Paper Skutskär Pulp Mill)

Newsgrafik #118557
 17.11.2017

Neenah Paper Announces Corporate Name Change to Neenah, Inc. Effective January 1  (Company news)

Neenah Paper, Inc. (the "Company") announced that the Company will change its name to Neenah, Inc. effective on January 1, 2018. The Company's ticker symbol on the New York Stock Exchange will remain "NP" and names of subsidiaries will not be affected.

"As we've continued to successfully execute our strategy to increase our presence in growing and profitable specialty niche markets, the last name of "paper" does not sufficiently reflect the diversity of our current and future company," said John O'Donnell, Chief Executive Officer. "The Neenah name, however, will continue to represent a product portfolio known for high performance and premium quality, as well as a company appreciated for its disciplined capital allocation and commitment to providing attractive returns to investors."
(Neenah Paper Inc.)

Newsgrafik #118558
 17.11.2017

SteriKraft® Protect S joins BillerudKorsnäs protect paper range  (Company news)

BillerudKorsnäs SteriKraft® Protect, manufactured from pure cellulose with no polymeric additions, is a unique medical packaging paper which is up to 20 percent stronger gram for gram than a normal paper. This gives a very special range of properties. The paper is fully compatible with direct seal films and highly cost effective, whilst offering substantially more protection for the packed device.

Building on the existing SteriKraft® Protect EO for low temperature sterilisation (EtO & Radiation), Protect S brings full compatibility with steam sterilisation (134°C) with high porosity and enhanced wet strength. Also, like Protect EO and BillerudKorsnäs SteriKraft® PeelClean range, Protect S offers strong seals and fibre free clean peels due to advanced size press coating technology.

SteriKraft® Protect EO is recommended for more challenging applications where cost effectiveness is still a key requirement eg IV catheters, large syringes, nutritional administration sets etc. SteriKraft® Protect S adds prefilled syringes, large hospital pouches and dialysis filters etc. to this list. As with all other papers in BillerudKorsnäs' SteriKraft® range, Protect S is fully approved under the relevant sections of EN868 and ISO 11607-1.

"Protect S compatibility with direct sealing combined with steam compatibility and with a significant increase in strength over a standard paper, all very cost effectively, fills a real need in the market," explains Jonathan Andrews, Business Development Director Medical at BillerudKorsnäs.

World launch at COMPAMED in Düsseldorf
The new BillerudKorsnäs SteriKraft® Protect S has been displayed for the first time at Compamed tradefair “Hightech solutions for medical technology” 13-16 November in Düsseldorf, Germany.
(BillerudKorsnäs AB (publ))

Newsgrafik #118559
 17.11.2017

Heidelberg mit Nachsteuergewinn zum Halbjahr  (Firmennews)

-Konzernumsatz mit 1.054 Mio. € annähernd auf Vorjahresniveau
-Operatives Ergebnis (EBITDA) von 45 Mio. € auf 60 Mio. € verbessert – EBITDA-Marge erreicht im 2. Quartal 8,2 %
-Ergebnis nach Steuern um 28 Mio. gesteigert, nach 10 Jahren erstmals positiv zum Halbjahr
-Erfolge bei strategischer Weiterentwicklung: hohe Nachfrage nach Digitaldruckmaschinen, Etablierung neuer Geschäftsmodelle und Start eines Transformationsprogramms zur Umsetzung der operativen Exzellenz
-Währungseffekte und Zurückhaltung im US-Markt
-Jahresziele für Gesamtjahr 2017/18 weiterhin im Blick

Die Heidelberger Druckmaschinen AG (Heidelberg) hat im 1. Halbjahr 2017/18 (1. April bis 30. September 2017) weitere Fortschritte bei der operativen und strategischen Weiterentwicklung gemacht. So konnte die Profitabilität deutlich verbessert werden, sodass erstmals seit dem Geschäftsjahr 2007/08 wieder ein Nachsteuergewinn von +0,3 Mio. € zum Halbjahr erzielt wurde. Bei der Umsetzung der strategischen Zukunftsthemen Technologieführerschaft, digitale Transformation und operative Exzellenz kam das Unternehmen im 2. Quartal weiter voran. Dies betraf unter anderem Markterfolge innovativer Digitaldruckmaschinen, die Etablierung neuer Geschäftsmodelle und die Verbesserung der Effizienz durch die Anpassung der Führungsstrukturen.

Rainer Hundsdörfer (Bild), Vorstandsvorsitzender von Heidelberg, kommentierte die Entwicklung: „Der Umbau unseres Konzerns zu einem modernen digitalen Technologiekonzern schreitet konsequent voran. Mit der Einführung neuer Subskriptionsmodelle für unsere Kunden und mit dem Angebot innovativer Produkte für das Wachstumsthema eMobilität betreten wir Neuland mit enormem Wachstumspotenzial. Heidelberg wird neue Maßstäbe in Sachen Zukunftstechnologien, Digitalisierung und Effizienz setzen. Der hierfür notwendige kulturelle Wandel hat gerade erst begonnen.“
(Heidelberger Druckmaschinen AG)

Newsgrafik #118544
 16.11.2017

Voith sets records with start-up of XcelLine tissue machine supplied to Little Rapids Corp  (Company news)

Voith Paper concluded, in October, the start-up of the new XcelLine VTM 3 tissue machine it has supplied to US tissue and specialty paper manufacturer Little Rapids Corporation. The new machine has replaced the company’s old PM 3 at its Shawano production facility in Wisconsin.

Photo: The scope of supply of the new Voith XcelLine tissue paper machine included auxiliary equipment, stock preparation, approach flow systems, a steam box, a gas hood, and a mist removal and dust reduction system. The order was rounded off by Voith's automation package, comprised of the DCS and MCS systems, as well as field services. The Yankee cylinder has been reused from the old machine.

The new VTM 3 went online six days ahead of the contract schedule, thereby achieving a total plant downtime of just 30 days from paper to paper, that is, between dismantling the previous equipment and erecting and starting-up the new machine. Besides this outstanding achievement, the second jumbo roll of tissue paper already provided marketable quality, and the machine reached its maximum operating speed during its first week in service.

All of the new VTM 3’s technologies and components are seamlessly coordinated and integrated with each other. Besides the new XcelLine tissue paper machine and its auxiliary equipment – not counting the Yankee cylinder, which has been reused from the old machine – Voith’s scope of supply also included stock preparation and approach flow systems, a steam box, a gas hood, and a mist removal and dust reduction system. The order was rounded off by Voith's automation package, comprised of the DCS and MCS systems, as well as field services.

This project’s key benefits include an improvement in paper quality and increased production capacity, since the new machine will now be producing at a speed of more than 1,800 meters per minute.

All of these measures are not only indicative of the project’s enormous success, but also the outstanding synergy between the Voith, Little Rapids Corporation, and Contract Companies teams. “We are extremely proud of the teamwork demonstrated by all parties involved to safely execute the rebuild within a very compressed timeframe. We are also encouraged by the performance that we are seeing at this early stage of the machine’s start-up ramp and optimistic that this investment will provide additional capabilities and quality enhancements that our customers value,” said Ron Thiry, Vice President and General Manager at Little Rapids Corporation.
(Voith Paper GmbH & Co KG)

Newsgrafik #118546
 16.11.2017

Minerals Technologies Signs Agreement with PT Pindo Deli Pulp and Paper Mills, ...  (Company news)

...Part of the Asia Pulp & Paper Group, to Construct an 80,000 Metric Ton Per Year Satellite PCC Plant in Indonesia

Minerals Technologies Inc. (NYSE:MTX) announced that it has signed an agreement with PT Pindo Deli Pulp and Paper Mills, part of the Asia Pulp & Paper Group (APP), to build an 80,000 metric ton per year satellite precipitated calcium carbonate (PCC) plant at its paper mill in Pindo Deli, Indonesia, located just east of the city of Jakarta. The facility will be operated by Pindo Deli Specialty Minerals (PDSM), a newly created joint venture in Indonesia.

“We are very pleased to expand our relationship with this long-term partner and world-class paper manufacturer,” said Douglas T. Dietrich, Chief Executive Officer. “This agreement follows the signing of a new 125,000 ton per year PCC plant and 40,000 ton expansion with APP in Indonesia earlier this year.”

This facility is scheduled to begin operation in the fourth quarter of 2018. D.J. Monagle III, Group President, Specialty Minerals and Refractories, commented further, “Asia Pulp & Paper is an innovative paper company, and we are pleased that they have confirmed the value of our PCC technology in their fine paper grades. Our PCC will be used as a paper filler to improve brightness, opacity and bulk, and to reduce the cost to the papermaker of higher-cost fiber.”

PCC is a specialty pigment for filling and coating high-quality paper. By substituting Minerals Technologies' PCC for more expensive wood fiber, customers are able to produce brighter, higher quality paper at lower cost. In 1986, Minerals Technologies originated the satellite concept for making and delivering PCC on site at paper mills, and the concept was a major factor in revolutionizing papermaking in North America. Today, the company has nearly 60 satellite plants in operation or under construction around the world and continues to lead the industry with consistent quality and technical innovation.
(MTI Minerals Technologies Inc.)

Newsgrafik #118548
 16.11.2017

A.Celli Paper for St. Croix Tissue Inc.  (Company news)

A.Celli Paper enthusiastically encourages St. Croix Tissue Inc. (USA) with professionalism by providing equipment in-line with their needs.

A new tissue rewinder and roll handling system by A.Celli Paper for the US company that has recently entered the world of tissue manufacturing.

St. Croix Tissue Inc., located in Baileyville, ME (USA), very close to the Canadian border, is a recently born tissue manufacturing company that can already boast of a long-standing history. Its sister company, Woodland Pulp LLC, has been producing since 1904, and produces a premium quality raw material (bleached hardwood pulp) with wood chips coming from the surrounding forest areas, a portion of which is designated for St. Croix Tissue.

A.Celli Paper provided the Maine facilities with a complete roll handling system, which was started up in March of 2016 and October 2017.

Thanks to this system, the jumbo reels coming from the tissue machine are automatically transferred to the wrapper, making the production process not only more fluid and faster, but also safer. And this also because the new A.Celli Paper handling system is supported by an overhead cranes (it, too, automatic) positioned above the tissue machines, that aids in the most critical phases.

In addition to the roll handling system, the supply also included a new rewinder mod. AC882. Started up in June of 2016, it obtained optimal results, reaching the speed of 1800 mpm with production paper, with no vibration or web break issues, to the customer’s full satisfaction.

Supporting this new company has doubtless been a stimulating experience for A.Celli Paper, and the great results obtained today are a prelude to the inception of a long-lasting relationship, fruit of the customer’s trust, repaid by the competence and professionalism of a provider of technological excellence like the Lucca company, capable of listening to problems and finding an exhaustive answer.
(A. Celli Paper S.p.A.)

Newsgrafik #118549
 16.11.2017

Cenveo Reports Third Quarter 2017 Results  (Company news)

-Closes Sale of its Office Products Business
-Significant Progress on Implementation of $65 Million 2017 Profitability Improvement Plan
-Company Awarded 2020 U.S. Census Printing and Mailing Contract
-2017 Guidance Update

Cenveo, Inc. (NASDAQ: CVO) reported financial results for the three and nine months ended September 30, 2017. The reported results exclude the operating results of our Quality Park office product envelope business, which we refer to as the Office Products Business, that was sold in the fourth quarter of 2017, and our packaging operating segment as well as our top-sheet lithographic print operation, collectively referred to as our Packaging Business, which was sold during the first quarter of 2016. Both businesses have been classified in our consolidated financial statements as discontinued operations.

Third Quarter 2017 vs. Third Quarter 2016 Overview
-Net sales of $329.5 million compared to $382.7 million.
-Net loss of $28.1 million compared to net income of $9.4 million.
-Adjusted EBITDA(1) of $24.3 million compared to $37.8 million.
-Net cash used in operating activities of continuing operations of $5.1 million compared to cash provided by operating activities of less than $0.1 million.

Management Commentary
"The operating environment we experienced during the first half of the year continued throughout the third quarter. We were again impacted by weakness in our direct mail business driven by softness from our financial institution customers due to lower customer acquisition related mailings. These results were partially offset by the positive effects of our 2017 Profitability Improvement Plan. We are very pleased with the implementation progress and we are on pace to achieve our $65 million target that we announced earlier this year. We are currently working to address our capital structure, particularly our August 2019 maturity, and we look forward to sharing our plans with our investors at the appropriate time," said Robert G. Burton, Sr. (photo), Chairman and CEO of Cenveo.

Mr. Burton continued, "We are also very pleased to announce that Cenveo has been awarded the 2020 U.S. Census printing and mailing contract. This multi-year, $61 million contract is one of the largest printing and mailing contracts ever awarded by the U.S. Government Publishing Office. We are excited and committed to partner with the U.S. Census team and we are confident in our ability to deliver this significant and unique program."

Sale of Office Products Business
Over the course of the second and third quarters of 2017, we have been actively marketing the sale our Office Products Business. On November 8, 2017, we sold our Office Products Business, which we had expected to generate approximately $120 million of net sales and approximately $9 million of Adjusted EBITDA in our 2017 initial guidance. As a result of the sale, the financial results of the Office Products Business are accounted for as discontinued operations. Our historical financial statements have been retroactively adjusted to give recognition to the discontinued operations for all periods presented.

Financial Results
Net sales in the third quarter of 2017 were $329.5 million compared to $382.7 million in the same period last year, a decline of 13.9%. The Company generated net sales of $1.01 billion for the nine months ended September 30, 2017, compared to $1.16 billion for the same period last year, a decline of 13.1%. The sales decline for both the three and nine month periods was primarily driven by: (i) lower sales in the envelope segment, primarily due to lower direct mail demand primarily from our financial institution customers and lower demand in our wholesale and generic transactional envelope product lines primarily due to marketplace trends; (ii) lower sales volumes in the commercial print group and the publisher services group, primarily driven by lower customer demand and continued pricing pressures; and (iii) lower sales in the label segment, primarily due to the decision to exit our coating operation which was completed in the second quarter of 2016, and lower sales driven by customer demand and product mix changes.

Operating loss was $0.5 million for the three months ended September 30, 2017, compared to operating income of $20.2 million in the same period last year. Operating income was $22.6 million for the nine months ended September 30, 2017, compared to operating income of $51.9 million for the same period last year, a decline of 56.5%. The decline during the three months ended September 30, 2017 was primarily due to lower gross profit resulting from lower sales volumes and intangible asset impairments of $7.7 million driven by our current and expected future operating results for certain product lines. The declines in the nine months ended September 30, 2017 were primarily due to lower gross profit resulting from lower sales volumes, the impact of the decision to exit the coating operation, intangible asset impairments of $7.7 million driven by our current and expected future operating results for certain product lines, and higher restructuring and other charges resulting from the 2017 Profitability Improvement Plan. The declines in both periods are partially offset by the benefit of lower selling, general and administrative expenses due to our cost reduction initiatives in connection with the 2017 Profitability Improvement Plan and lower commission expense due to lower sales volumes. Non-GAAP operating income was $12.9 million for the three months ended September 30, 2017, compared to non-GAAP operating income of $24.8 million for the same period last year. Non-GAAP operating income was $50.0 million for the nine months ended September 30, 2017, compared to $65.4 million for the same period last year. A reconciliation of all non-GAAP figures are reported in the tables below.

For the three months ended September 30, 2017, the Company had a loss from continuing operations of $19.4 million, or $2.27 per diluted share, compared to income of $8.1 million, or $0.92 per diluted share, for the same period last year. For the nine months ended September 30, 2017, the Company had a loss from continuing operations of $28.9 million, or $3.38 per diluted share, compared to income of $65.1 million, or $6.84 per diluted share, for the same period last year. Income during our 2016 reported periods was primarily driven by gains on the early extinguishment of debt of $7.4 million and $80.3 million during the three and nine months ended October 1, 2016, respectively, offset partially by the changes noted above to our operating (loss) income. Non-GAAP loss from continuing operations was $7.0 million, or $0.82 per diluted share, for the three months ended September 30, 2017, compared to income of $5.2 million, or $0.58 per diluted share, for the same period last year. Non-GAAP loss from continuing operations was $8.9 million, or $1.04 per diluted share, for the nine months ended September 30, 2017, compared to a loss of $1.5 million, or $0.18 per diluted share, in the same period last year. A reconciliation of (loss) income from continuing operations to non-GAAP (loss) income from continuing operations is presented in the attached tables.

Net loss was $28.1 million for the three months ended September 30, 2017, compared to net income of $9.4 million for the same period last year. For the nine months ended September 30, 2017, net loss was $38.6 million, compared to net income of $68.2 million for the same period last year. Adjusted EBITDA was $24.3 million for the three months ended September 30, 2017, compared to $37.8 million for the same period last year. Adjusted EBITDA was $84.6 million for the nine months ended September 30, 2017, compared to $102.5 million for the same period last year. The significant changes in our Adjusted EBITDA were due to lower gross profit resulting from lower sales volumes and the exit of our coating operation accounting for a reduction of approximately $20.0 million and $37.9 million for the three and nine months ended September 30, 2017, respectively. The declines were partially offset by our profit improvement initiatives, which accounted for an increase of approximately $6.9 million and $18.0 million for the three and nine months ended September 30, 2017, respectively, primarily driven by our operational efficiency projects and position reductions across our operating platform.

Cash flow used in operating activities of continuing operations for the third quarter 2017 was $5.1 million, compared to less than $0.1 million provided by operating activities of continuing operations for the same period last year. Cash flow used in operating activities of continuing operations for the nine months ended September 30, 2017, was $6.2 million, compared to $3.3 million provided by operating activities of continuing operations for the same period last year. The declines in both periods were primarily due to changes in working capital, particularly the timing of payments to vendors and higher inventories due to inventory needs during plant consolidations, partially offset by sales to and collections from our customers.

At September 30, 2017, cash and cash equivalents totaled $6.3 million, compared to $5.5 million at December 31, 2016. Total outstanding long-term debt, including current maturities, was approximately $1.1 billion as of September 30, 2017, an increase of $40.4 million from December 31, 2016, primarily due to net borrowings on our asset-based revolving credit facility, as well as the initiation of certain equipment financing arrangements.

2017 Outlook
"While we are disappointed with our operating results for the first nine months of the year, we remain committed to our longer term strategy of cost containment, growing our market share, and addressing our capital structure. After considering the sale of our Office Product Business, our operating results through the first nine months, and our current view of the fourth quarter, we believe we will achieve Net sales of $1.315 billion to $1.330 billion and Adjusted EBITDA of $110 million to $115 million for the full year 2017. Despite the lower guidance, we believe we will still generate positive Adjusted Free Cash Flow for the full year 2017. Lastly, we currently have liquidity of over $40 million, which we anticipate will improve during the remainder of the year given the fourth quarter is expected to be our heaviest cash flow generation quarter of our year, along with the net proceeds from the sale of our Office Product Business. We look forward to discussing our outlook for the remainder of 2017 and an initial view into our expectations for 2018 on our call tomorrow morning," Mr. Burton concluded.
(Cenveo / Cadmus Specialty Packaging)

Newsgrafik #118550
 16.11.2017

Bericht zum 3. Quartal: Koenig & Bauer bei Wachstums- und Ertragszielen 2017 auf Kurs  (Firmennews)

-Auftragsplus von 4 % auf 903 Mio. €
-Bestellzuwächse im Service und in den Wachstumsfeldern Verpackungs-und Digitaldruck
-Umsatz um 2 % auf 848 Mio. € gestiegen
-Mit Book-to-Bill-Ratio von 1,07 bleibt Auftragsbestand mit 613 Mio. € auf hohem Vorjahresniveau
-Im Q3 EBIT von 20,1 Mio. € und Marge von 6,5 %
-Guidance 2017 bestätigt: bis zu 1,25 Mrd. € Umsatz bei EBIT-Marge von rund 6 %

Mit einem guten dritten Quartal ist die Koenig & Bauer-Gruppe ihren Wachstumszielen für das 200-jährige Jubiläumsjahr 2017 bei Umsatz und Ertrag einen großen Schritt nähergekommen. In den ersten neun Monaten konnte der Auftragseingang gegenüber dem Vorjahr (869,8 Mio. €) um 3,9 % auf 903,4 Mio. € gesteigert werden. „Neben dem expandierenden Servicegeschäft haben die Zuwächse in den Wachstumsfeldern Verpackungs- und Digitaldruck zum Anstieg der Neubestellungen beigetragen“, sagte CFO Mathias Dähn. CEO Claus Bolza-Schünemann (Bild) berichtete von der ersten Bestellung der für den prosperierenden Wellpappendruck neu entwickelten digitalen CorruJET-Bogenmaschine, die bei der Fachveranstaltung FEFCO im Oktober in Wien auf großes Kundeninteresse stieß. Der Umsatz ist um 2,0 % auf 847,7 Mio. € gewachsen. Bei einem Book-to-Bill-Verhältnis von 1,07 bleibt der Auftragsbestand zum Quartalsende mit 613,2 Mio. € auf dem hohen Vorjahresniveau. Für die ersten neun Monate beträgt das EBIT 36,4 Mio. €. Der Vorjahreswert von 39,2 Mio. € war durch einen Nachholeffekt von 4,9 Mio. € aus einem Wertpapierprojekt begünstigt. Das Konzernergebnis nach Steuern wird mit 29,5 Mio. € (2016: 32,5 Mio. €) ausgewiesen, was einem Ergebnis je Aktie von 1,79 € (2016: 1,98 €) entspricht.

Höherer Gewinn bei Sheetfed stärkt Ertragslage im Konzern
Im Segment Sheetfed ist der Auftragseingang gegenüber 2016 (429,8 Mio. €) um 11,7 % auf 480,3 Mio. € gewachsen. Neben den deutlich gestiegenen Serviceaufträgen waren die hohe Nachfrage aus dem Verpackungssektor und gute Verkaufsabschlüsse im Commercialdruck und für Flachbettstanzen ausschlaggebend. Der Umsatz legte im Vergleich zum Vorjahr (443,8 Mio. €) um 7,0 % auf 474,7 Mio. € zu. Der Mehrumsatz mit guten Serviceaufträgen und niedrigere Kosten führten zur Steigerung des Segmentgewinns auf 20,3 Mio. € (2016: 17,3 Mio. €).

Der Auftragseingang im Segment Digital & Web lag insbesondere durch weniger Neuabschlüsse bei Rollenoffsetmaschinen für den Zeitungs- und Akzidenzdruck mit 111,1 Mio. € unter dem Vorjahreswert von 128,5 Mio. €. Entsprechend war der Umsatz mit 113,2 Mio. € um 8,8 % niedriger als im Vorjahr (124,1 Mio. €), obwohl die Erlöse im Service und Digitaldruck deutlich zulegten. Die positive Ertragsentwicklung im Rollenoffset- und Digitaldruckgeschäft war durch Optimierungsarbeiten bei KBA-Flexotecnica belastet, so dass das Segment-EBIT mit –3,6 Mio. € unter dem Vorjahr (–1,9 Mio. €) lag.

Auftragszuwächse im Blech-, Glas-/Hohlkörper- und Kennzeichnungsdruck führten im Segment Special bei einem leicht unter dem hohen Vorjahreswert liegenden Wertpapiergeschäft zu einem Anstieg der Neubestellungen von 355,3 Mio. € auf 359,8 Mio. €. Mit 304,6 Mio. € blieb der Umsatz noch hinter dem Vorjahr (323,6 Mio. €) zurück. Für die ersten neun Monate beträgt das EBIT 25,6 Mio. € (2016: 29,6 Mio. €). Die EBIT-Marge erreichte in diesem Segment 8,4 %.

Eigenkapitalquote steigt auf 32,4 %
Trotz höherer Kundenanzahlungen lag der Cashflow aus betrieblicher Geschäftstätigkeit mit –24,6 Mio. € unter dem Vorjahreswert von –5,0 Mio. €. Während das Working Capital in weiten Teilen des Konzerns erfolgreich reduziert werden konnte, sind die Vorräte und Kundenforderungen hauptsächlich im Segment Special angestiegen. Die bereits eingeleiteten Maßnahmen werden allerdings nicht kurzfristig wirken. Neben den Auszahlungen für Investitionen in Höhe von 27,9 Mio. € war der freie Cashflow von –87,8 Mio. € (2016: –17,0 Mio. €) durch die bisherigen Auszahlungstranchen in Höhe von 37,4 Mio. € für die teilweise Ausfinanzierung der Pensionsrückstellungen belastet. Mit den liquiden Mitteln von 117,1 Mio. €, jederzeit liquidierbaren Wertpapieren von 16,9 Mio. € und hohen Bar- und Avalkreditlinien verfügt die Koenig & Bauer-Gruppe über eine stabile finanzielle Basis. Die Eigenkapitalquote erhöhte sich in Relation zur gestiegenen Bilanzsumme auf 32,4 % (Ende 2016: 31,1 %).

Die Belegschaft des Konzerns vergrößerte sich zum 30. September gegenüber dem Vorjahr um 210 auf 5.542 Mitarbeiterinnen und Mitarbeiter. Neben einer Personalverstärkung im Servicebereich und bei neuen Anwendungen für die Verpackungs- und Digitaldruckmärkte kamen 44 Beschäftigte durch die erstmalige Konsolidierung der KBA CEE hinzu.
Guidance für 2017 bestätigt

Nach dem Umsatzanstieg von 2 % zum 30. September 2017 und dem guten Ergebnis im Q3 stützt der Vorstand seine Guidance für 2017 auf den hohen Auftragsbestand von 613 Mio. €. CEO Claus Bolza-Schünemann: „Die zahlreichen Maschinenauslieferungen und Serviceaufträge im vierten Quartal werden zu einem Umsatz- und Ertragsschub führen. Auf der Basis dieser durch die hohe Auslastung anspruchsvollen, aber nicht außergewöhnlichen Geschäftskonzentration im Schlussquartal erwarten wir für das Jahr 2017 einen organischen Umsatzanstieg im Konzern auf bis zu 1,25 Mrd. € und eine EBIT-Rendite von rund 6 %.“
(Koenig & Bauer AG (KBA))

Newsgrafik #118553
 16.11.2017

Herbstbelebung in der Faltschachtelindustrie bei steigenden Kostenbelastungen  (Firmennews)

Nach einem ersten Halbjahr 2017, das im Durchschnitt über alle End-Use-Segmente leicht unter den Vorjahreswerten lag, beschert ein deutlich erhöhter Auftragseingang der Faltschachtelindustrie eine deutliche Herbstbelebung des Geschäfts. Dies gilt insbesondere für den mengenmäßig großen Bereich Food / General Packaging.

Die Segmente Pharma, Kosmetik und Süßwaren haben dagegen über die bisherigen drei Quartale durchweg die Vorjahreswerte und darüber hinaus hohe Kapazitätsauslastungen in der Faltschachtel-Herstellung erreicht.

Noch deutlichere Produktions-Zuwächse konnten bislang die großen Anrainermärkte im Westen, Süden und Osten verzeichnen. Vor dem Hintergrund gegebener Produktionskapazitäten für Faltschachtelkarton auf Frischfaserbasis und einer nach wie vor „guten Auftragslage“ (Euwid Verpackung 43-2017) bei einer grundsätzlich hohen Auslastungsquote der Kartonerzeuger hatten Nachfragesteigerungen in anderen europäischen Märkten zur Folge, dass sich für die deutschen Faltschachtelhersteller die Lieferfristen für Frischfaserqualitäten zuletzt deutlich verlängerten.

Zugleich zeigt eine Beobachtung wesentlicher Faktormärkte für die Faltschachtelherstellung und Kartonproduktion steigende Rohmaterialpreise (lang- wie kurzfaseriger Holzschliff, Zellstoff, Stärke, Titandioxid, Energie). Auch bei anderen wichtigen Material-Fraktionen für die Faltschachtel-Herstellung, den Druckfarben und Lacken, kämpfen jene Hersteller mit Höchstpreisen bei den Rohstoffen und Lieferengpässen (Der Druckspiegel, 31. Oktober 2017).

Hinzu kommt eine Verknappung des Frachtraums sowohl auf der Lang- wie auch auf der Kurzstrecke, was sich ebenfalls negativ auf die Lieferzeiten beziehungsweise -kosten innerhalb der Supply Chain auswirkt.

Da auch aufgrund einer weiterhin guten Konjunkturentwicklung die Anschaffungsneigung der Verbraucher und das Konsumklima nach Angaben der GfK positiv bleiben, erwarten auch die Verarbeiter von Papier, Karton und Pappe nach den Prognosen des ifo-Instituts München für die nächsten Monate eine gute bis steigende Produktionstätigkeit und eine weiterhin positive Geschäftsentwicklung.
(FFI Fachverband Faltschachtel-Industrie e.V.)

Newsgrafik #118564
 16.11.2017

Changes in SCA's Group Management  (Company news)

Due to approaching retirement, there will be changes in SCA’s Group Management.

Mats Sandgren (photo) will leave his position as President of Business Area Forest as of April 1 2018. He will work on as senior advisor in SCA’s corporate staff. He will continue to report to Ulf Larsson, SCA’s President and CEO.

Jonas Mårtensson, presently President of Business Area Wood, will take on the position as President of Business Area Forest as of April 1 2018 and at the same time leave his present position.

Jerry Larsson, presently Manager of Obbola Papermill, will take on the position as President of Business Area Wood as of April 1 2018. Per Strand, presently Sales Director of Kraftliner in Scandinavia, will take on the position as Manager of Obbola Papermill as of February 15 2018.
(Svenska Cellulosa Aktiebolaget SCA (publ))

Newsgrafik #118566
 16.11.2017

ANDRITZ liefert Ballenlinie mit Ballennavigationssystem an Sappi Saiccor  (Firmennews)

Der internationale Technologiekonzern ANDRITZ erhielt von Sappi Saiccor den Auftrag zur Lieferung einer Ballenlinie mit Ballennavigationssystem für das Zellstoffwerk in Saiccor, Südafrika. Die Inbetriebnahme ist für 2018 geplant.

Der Auftrag umfasst eine neue Ballenlinie mit einer Kapazität von 250 Ballen pro Stunde, Maschinen zur Verbindung von zwei bereits bestehenden Produktionslinien sowie ein Ballennavigationssystem für die neue und die beiden bestehenden Ballenlinien. Durch das spezielle platzsparende Konzept der ANDRITZ-Ballenlinie ist trotz der eingeschränkten Platzverhältnisse kein Hallenneubau notwendig.

Dieser Auftrag bestätigt erneut die ausgezeichnete Zusammenarbeit von Sappi Saiccor mit ANDRITZ. Erst kürzlich erhielt ANDRITZ den Auftrag zur Lieferung eines neuen Stoffauflaufs sowie zum Umbau des Zellstofftrockners, um die Kapazität im Werk in Saiccor zu steigern.
(Andritz AG)

Newsgrafik #118533
 15.11.2017

Appvion to Consolidate Carbonless Paper Manufacturing Operations  (Company news)

Appvion, Inc. announced plans to consolidate the majority of the carbonless paper coating and rewinding operations currently performed at its plant in Appleton, Wisconsin, to its integrated pulp and paper mill in Roaring Spring, Pennsylvania, and relocate the Appleton Plant's sheeting operations to an Appvion-operated facility near the mill. The company expects the transition will begin in January and be completed in the third quarter of 2018.

Consolidating Appvion's carbonless paper manufacturing, rewinding, and sheeting to the Roaring Spring area, where Appvion already produces this product, will help position the company for long-term success by increasing the efficiencies of its manufacturing and logistics operations.

"Our consolidation plan is an important operational improvement initiative designed to enhance Appvion's competitive position in the carbonless paper market," said Kevin Gilligan, Appvion's chief executive officer. "This move will allow Appvion to most effectively serve current and future demand for carbonless products and maintain our commitment to a market that we have been proud to serve since our company helped introduce this product 63 years ago."

The consolidation plan will result in the shutdown of three under-utilized coaters and related rewinding and sheeting equipment at the Appleton Plant and the elimination of approximately 200 hourly and salaried jobs at that facility. Approximately 300 hourly and salaried plant employees will be retained at the Appleton Plant to continue producing the company's thermal paper products and some carbonless and specialty coated grades. Employment at Roaring Spring Mill and at Appvion's thermal paper coating plant in West Carrollton, Ohio, will be unaffected by the plan.

Gilligan continued, "We greatly appreciate the role the affected employees at the Appleton Plant have played in serving customers over the years and we are committed to helping them through this transition."

The implementation of the plan is pending discussions with representatives of the Appleton Plant's Local 2-0469 of the United Steelworkers Union regarding the reasons for and effects of the company's consolidation plan.
(Appvion Inc.)

Newsgrafik #118534
 15.11.2017

Versandverpackungen einmal anders - mit Wooow-Effekt  (Firmennews)

Faszinierende Optik und tolle Haptik, die beeindrucken

Fernab vom tristen Braun der üblichen Versandverpackungen gibt es eine neue, außergewöhnliche Versandmöglichkeit: Die Karton-Versandtaschen der Briefbox Image-Serie. Echte Eye-Catcher wie der Jeans-Style oder die Holz-Optik im Vintage-Look sorgen für Abwechslung in der langweiligen Welt der Verpackungen.

Neben feinen Motivdetails überraschen die Versandtaschen teils auch mit ihrer tollen Haptik: „In Verbindung mit dem realistischen Druckbild ergibt sich beim Anfassen ein Gefühl, als würden Sie über eine Jeans oder feines Holzfurnier streichen.“, beschreibt es Jürgen Müller aus dem Vertriebs-Team der Pohl-Scandia GmbH, dem Verpackungsspezialisten aus dem Schwarzwald.
„Mit der Briefbox Image stechen Sie aus der eintönigen Masse der Sendungen heraus und sorgen für einen echten Wooow-Effekt beim Empfänger. Garantiert.”

Vor allem als attraktive Versandverpackung für Kalender, Bilder, Fotobücher und Gutscheine oder als Geschenkumschlag zum Überreichen empfiehlt er sie gezielt. Für die verschiedensten Anlässe stehen weitere Themen-Motive zur Auswahl, wie zum Beispiel ein Rosen-Bouquet in Pastelltönen oder die „Smart”-Reihe im spaßigen Comic-Look für Weihnachten oder Ostern.

Über den direkten Einsatz durch Verwender wie Fotolabore oder Werbemittel-Hersteller hinaus, ist die Briefbox Image insbesondere für den Online- und stationären Handel ein hochinteressantes Objekt. „Für den klassischen PBS-Bereich oder Papeterien mit Bastelbedarf bieten wir auf Wunsch auch kleine Einzelhandels-Packungen an, so dass eine ansprechende Warenpräsentation im Geschenkartikel-Umfeld oder bei den Grußkarten möglich ist.“, ergänzt Müller noch als wertvolle Option. „Auch wer lieber eigene Motive realisieren möchte, der ist bei uns genau richtig.”

Mit der zuverlässigen Selbstklebung lassen sich die Versandtaschen schnell verschließen. Der stabile Karton mit über 80% Altpapieranteil bietet optimalen Knick- und Kantenschutz auf dem gesamten Postweg bis in den Briefkasten, da sich die Größe DIN B4 (250x353mm) zudem ideal für den kostengünstigen Versand als Großbrief oder Maxibrief eignet. Dank des integrierten Aufreißfadens kann der Empfänger die Verpackung anschließend spielend leicht öffnen und problemlos entsorgen.

Mit Pohl-Scandia attraktiv und sicher verpacken. Frustfrei. Optimiert. Ökologisch.
(Pohl-Scandia GmbH)

Newsgrafik #118536
 15.11.2017

Tieto selected to help Lecta Group modernize its IT environment and enable digitalization  (Company news)

Lecta Group, one of the leading paper manufacturers and distributors in Europe, has chosen Tieto to modernize its IT systems and enable the transformation and digitalization journey in the company. The renewal is based on Tieto Paper Solution on SAP and Tieto Integrated Paper Solution (TIPS) for the global paper industry. The new systems will be implemented in all Lecta’s seven mills in Spain, France and Italy. The agreement is valid for 4 years.

With this transformation journey Lecta aims to gain new business capabilities for its information driven supply chain and production excellence. This includes e.g. functions for demand management, sales management, centralized planning, production management, reporting and analytics.

Our challenge at Group level is to harmonize and streamline processes in a modern and common platform based on a combination of best of breed standard solutions. In this sense, Tieto plays a key role in our processes and our technology transformation journey. TIPS and Paper Solution help us to solve our challenges and make it easier to adopt Pulp and Paper Sector best practices, especially in our direct business and in our planning and manufacturing areas. This business and technological transformation also implies a far-reaching change in the way we do business and it is much easier if we have the right partners on board and the right solutions in place, explains Francesc Boix, IT Corporate Director at Lecta.

Tieto and Lecta have been partners already for 25 years and we are happy to expand our collaboration with them. The paper industry is facing big changes and digitalization and automation of business operations are helping paper companies to drive growth and success in the competing market. This agreement supports execution of Lecta’s growth strategy and their transformation program that will continue until the year 2020, says Carsten Henke, Head of Production Excellence, Forest industry at Tieto.

The new Tieto solution offers Lecta mutual and harmonized processes across all the company’s mills and countries and enables transparency in the whole value chain. Digitalization and automation enable more efficient, faster and flexible reactions to the market changes and increasing customer demands including new digital services. Standardized and stream lined processes are also effective and will reduce the company’s operational costs.

Tieto’s integrated SAP/TIPS solution is combined and optimized for the pulp, paper, board and tissue industries utilizing the industry-proven best functions for both MES (Manufacturing Execution System) and ERP (Enterprise Resource Planning). It seamlessly links planning, business operations and production processes, and there are over 250 installations worldwide.
(Tieto Germany GmbH)

Newsgrafik #118537
 15.11.2017

HANS KAPPL: Neue Geschäftsführerin  (Firmennews)

Zum 1. Oktober 2017 hat Frau Petra Schumacher (Bild) die Verantwortung für die Geschäftsleitung der HANS KAPPL GmbH & Co. KG übernommen.

Die gebürtige Hamburgerin bringt in ihrer neuen Position Erfahrungen aus langjährigen, international leitenden Tätigkeiten in großen Druck- und Verpackungsunternehmen mit. Ursprünglich gelernte Druckformherstellerin (Tiefdruck), ist sie heute sowohl im Flexo- als auch im Offset-, Digital- und Tiefdruckbereich zu Hause. Zuletzt verantwortete sie unter anderem den Vorstufen- und Druckformen-Bereich eines internationalen Herstellers von flexiblen Verpackungen.
(Hans Kappl GmbH & Co. KG)

Newsgrafik #118539
 15.11.2017

Rayonier Advanced Materials Reports Third Quarter 2017 Results  (Company news)

-Third quarter net income of $16 million and pro forma EBITDA of $44 million unfavorably impacted by $3 million and $5 million, respectively, due to Hurricane Irma
-Full year projected net income and pro forma EBITDA now anticipated to be approximately $25 million and $180 million, respectively, which includes the impact of Hurricane Irma and previously announced major customer operational upset in the fourth quarter
-On-track for $30 million of cost transformation improvements in 2017 with $23 million achieved year-to-date
-Acquisition of Tembec expected to close in the second half of fourth quarter with integration planning nearly complete

Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) reported third quarter 2017 net income of $16 million, or $0.28 per diluted common share compared to $22 million, or $0.44 per diluted common share in the third quarter of 2016. Third quarter 2017 pro forma net income was $10 million, or $0.18 per diluted common share, compared to $22 million, or $0.44 per diluted common share in the third quarter of 2016. Third quarter 2017 pro forma net income and diluted earnings per share are adjusted for transaction costs and an unrealized gain on a derivative instrument, both associated with the pending acquisition of Tembec. Additionally, the 2017 earnings per diluted common share amount reflects the impact of the Mandatory Convertible Preferred Stock issuance in the third quarter of 2016.

Year-to-date net income was $30 million, or $0.46 per diluted common share compared to $62 million, or $1.38 per diluted common share in 2016. Year to date pro forma net income was $28 million, or $0.42 per diluted common share, compared to $56 million, or $1.24 per diluted common share in 2016. In addition to the 2017 impact of the pro forma adjustments mentioned above, 2016 pro forma net income and diluted earnings per common share reflect an adjustment for a gain on debt extinguishment associated with the repurchase of Senior Notes.

Both third quarter and year-to-date net income were negatively impacted by $3 million due to Hurricane Irma, which forced the closure of both of the Company’s manufacturing facilities during September. For the full year, the Company expects a $7 million impact to net income from the hurricane due to higher costs and reduced sales volumes as a result of lost production and shipment delays.

“Despite the significant weather event, the team did a commendable job of safely managing our assets and keeping our customers’ informed and their operational needs met,” said Paul Boynton (photo), Chairman, President and Chief Executive Officer. “While the hurricane significantly impacted our operations and financial results, excluding the event, our results for the quarter would have kept us in-line with our full year plan.”

Third Quarter and Year-to-Date Operating Results
Third quarter 2017 sales were $210 million compared to $207 million in the prior year, an increase of $3 million, or 1 percent. The change in net sales was driven by improved commodity sales prices due to a shift in production from absorbent materials to commodity viscose and improved commodity markets resulting in higher sales prices for both commodity viscose and absorbent materials. Commodity sales volumes increased due to the timing of revenue recognition, partially offset by discrete production issues during the quarter. A decline in cellulose specialties sales prices of 2 percent, as expected, and slightly lower cellulose specialties sales volumes, partly offset the commodity sales increase.

Year-to-date sales were $612 million compared to $638 million in the prior year, a decrease of $26 million, or 4 percent. The change in net sales was driven by a decline in cellulose specialties sales prices of 5 percent, as expected, and slightly lower cellulose specialties sales volumes primarily due to the timing of revenue recognition. Commodity sales prices improved due to stronger commodity markets resulting in higher sales prices for both commodity viscose and absorbent materials. Commodity sales volumes decreased due to a shift in production from absorbent materials to commodity viscose and production issues.

Third quarter and year-to-date 2017 operating income was $18 million and $57 million, respectively, $23 million and $55 million less than the prior year respective comparable periods. Excluding the impact of the costs associated with the pending acquisition of Tembec, third quarter and year-to-date 2017 pro forma operating income was $23 million and $70 million, respectively, $18 million and $42 million less than prior year respective comparable periods. The third quarter and year-to-date 2017 results reflect lower cellulose specialties sales prices and higher commodity product sales prices, as previously discussed. Savings from Cost Transformation were more than offset by costs incurred to achieve additional future savings, higher production expenses due to sales mix, chemical prices and production issues, as well as, investments in customer product development. In addition, results were unfavorably impacted by $5 million from the impact of Hurricane Irma. Selling, general and administrative expenses also decreased for the quarter primarily due to lower stock compensation expense. Year-to-date selling, general and administrative expenses increased slightly due to costs related to New Product development activities.

Year-to-date 2017, the Company has realized approximately $23 million in gross cost savings against its Cost Transformation target of $30 million, primarily due to cost improvements in supply chain, chemical usage and wood optimization. Savings from the Cost Transformation pillar now total $108 million since inception.

Interest and Other Expense, Net
Interest expense, net of interest income and other expense, was $25 million for 2017, comparable to the prior year as a result of lower outstanding debt and favorable interest income on higher cash balances, offset by higher LIBOR interest rates on floating rate debt.

Income Tax Expense
The year-to-date effective tax rate was 38 percent, compared to 35 percent during the prior year period. The current period effective tax rate reflects the accounting impact of the write-off of the deferred tax asset associated with the 2014 employee incentive stock grant, which did not vest.

Cash Flows and Liquidity
Year-to-date, the Company generated operating cash flows of $118 million and adjusted free cash flows of $77 million. As a result, debt was reduced $3 million to $780 million, while net debt was reduced $58 million to $408 million. With strong adjusted free cash flows, the Company ended the third quarter with $379 million of cash and $622 million of total liquidity, including $243 million available under the revolving credit facility after taking into account outstanding letters of credit.

On August 17, 2017, the Company received commitments from lenders to borrow up to $680 million to fund the Tembec acquisition through the refinancing of existing term loans. In preparation for the acquisition and subsequent to the quarter end, the Company made additional principal payments of $268 million on the term loans on September 26, 2017.

Guidance and Outlook
The impact of Hurricane Irma and the operational disruption of a major customer’s production will have a significant negative impact on full year guidance, but its impact is expected to be limited to 2017. For the full year 2017, the Company now expects cellulose specialties sales prices and volumes to decline approximately 4 percent and 5 percent, respectively, from the previous year. The reductions in full year cellulose specialties sales volumes are driven by the negative impact from Hurricane Irma and the previously announced operational upset of a major customer. Additionally, commodity sales volumes are expected to decline 9 percent over last year. Commodity sales volumes were also impacted by Hurricane Irma and the planned shift in production from absorbent materials to commodity viscose, as well as production issues. As a result, the Company expects net income of approximately $25 million and pro forma EBITDA of approximately $180 million. Cash flow from operations and adjusted free cash flows are anticipated to be $121 to $126 million and $80 to $85 million, respectively. The Company anticipates capital expenditures of approximately $50 million plus strategic capital spending related to the investment in the LignoTech Florida project of $5 million.

Ethers and other cellulose specialties end-use demand continue to show strength and will provide opportunities for the Company to expand future sales in these faster growing end-uses. The acquisition of Tembec and its strong position in the ethers end-use, allows the Company to further diversify its portfolio of products. In acetate, excess capacity coupled with flat demand growth for acetate tow products is creating a very competitive sales environment. The Company believes its cost transformation efforts and the pending acquisition of Tembec, progress in market optimization and new products, position it well for future growth.

“The third quarter and the full year results are being negatively impacted by events outside our control. I am proud of each employee’s focus and effort during these challenging months to minimize the impact to our performance. Without these two significant disruptions, we would continue to be at the higher end of our original full year EBITDA outlook,” Boynton concluded. “We are a resilient company and focused on the future, which includes significant growth opportunities including the acquisition of Tembec, the completion of LignoTech Florida, the continued cost transformation of our business and the execution of our four pillars of growth.”
(Rayonier Advanced Materials Inc.)

Newsgrafik #118540
 15.11.2017

Stora Enso delivers cloud-based intelligent packaging solutions enabled by Microsoft  (Company news)

Stora Enso has joined forces with Microsoft to bring cloud-based intelligent packaging solutions to clients globally. Intelligent Packaging by Stora Enso utilizes Microsoft Azure, the leading cloud platform for business digitalization. The global and scalable cloud platform from Microsoft enables reliable and secure data collection and analytics for clients investing in innovative intelligent packaging solutions.

Intelligent Packaging by Stora Enso integrates widely adopted RFID (Radio frequency identification) technology which enables the product to be tracked, traced and tamper-proofed throughout the entire supply chain. Moreover, the technology allows communication between the brand-owner and the end-user using an NFC (Near Field Communication)-enabled smartphone. Comprehensive data management and analytics capabilities are vital to all intelligent packaging solutions. Through the Microsoft cloud service, all data are collected for analytics to support and improve business efficiency.

“Microsoft Azure offers a scalable and trustworthy platform for us and our globally operating clients. Now packaging data can be collected and analyzed anytime and anywhere, allowing customers an unprecedented amount of valuable information from supply chain performance to consumer behavior. Merging renewable packaging with intelligent, cloud-based features supports a more effective and profitable business”, says Teemu Salmi, Senior Vice President, CIO & Head of Digitalization at Stora Enso.

“We are proud to work with Stora Enso in the new era of intelligent packaging solutions. Microsoft Azure delivers Internet of Things services which Stora Enso is leveraging to better serve their customers and provide fast service development, scalability and global reach. Stora Enso’s intelligent packaging is a great example of the kind of innovative new services enabled by the Microsoft Azure platform”, says Marc Jalabert, General Manager, Marketing & Operations at Microsoft Western Europe.

Stora Enso and Microsoft are currently involved in multiple projects for intelligent packaging with large international enterprises in diverse industries.
(Stora Enso Oyj)

Newsgrafik #118490
 14.11.2017

Nilpeter and Label Systems partner for success with The All New FA  (Company news)

Picture: Amy Van Brunt, President & Owner of Label Systems, Inc., is embracing new market trends with The All New FA from Nilpeter

Label Systems, Inc., located in the Dallas suburb of Addison, Texas, has earned a solid reputation for providing high quality label products with innovative solutions and good old-fashioned customer service, through nearly 45 years of business. The addition of The All New FA from Nilpeter will jump start their journey into the next 45 years of business.

Label Systems, Inc. started from humble beginnings in a family garage, with the vision of providing customers with custom branded solutions for their label needs. Today, they are proud to have successfully served over 5,000 satisfied customers worldwide across more than 25 industries.

“We work with some very large brand owners that require the highest quality packaging delivered on time and on budget. When we discussed the new market trends and opportunities, the team at Nilpeter shared a wealth of information and knowledge. The level of innovation and automation in their equipment, along with their skilled team, will provide us with the tools to be a leader in this industry. Those are the types of qualities we look for in a partner and the new FA press will be a powerful addition to our line-up,” says Amy Van Brunt, President & Owner of Label Systems, Inc.

John Van Brunt, Founder & VP of Operations, explains the decision process on the new press, “Your next press purchase is always a challenging decision. We researched many press manufacturers but in the end our previous success with Nilpeter, and the partnership we have built, solidified this decision. The level of automation providing improved make-ready times and operator efficiency make this press the perfect choice. This press will engage with our current operations and allow us to easily enter into new markets and offerings.”.

The All New FA provides a maximum level of stability, the tightest register tolerance, and excellent printing results on multiple substrates. Based on Nilpeter’s Clean-Hand design approach and wireless operation, the FA ensures clean hands during press operation, with a minimum of hands-on press interaction; all data is saved, jobs are easily recalled, and the press will auto-register.

“We are proud to continue our relationship with Label Systems, Inc. – the new FA is ideally suited for industry 4.0 operations and performance, marking a new journey and a bright future for Amy, John, and their team,” says Paul Teachout, Vice President of Sales & Marketing, Nilpeter USA.
(Nilpeter USA Inc.)

Newsgrafik #118501
 14.11.2017

Greycon releases new version of X-Trim and opt-Studio  (Company news)

Greycon has announced the 9.2 release of its planning tools, X-Trim® (photo) and opt-Studio™.

X-Trim new developments include:
• Load planning Phase II: optimal decomposition of the trim solution into container / truck loads
• Length tolerance: the system can consider mixed-length reels when reel lengths / diameters vary slightly (also known as slabbing).
• Algorithmic performance improvement: the new version is 6.3% faster on smaller problems and 19.9% faster on difficult problems.

opt-Studio new developments include:
• New entities: ship-to groups for load planning, distribution centres and supply networks. These lay the foundations for the integration with the recently-announced Greycon Forecasting tool. The resulting future inventory profiles for remote warehouses and vendor-managed inventory become part of the system and are fully manageable.
• Synchronisation: the new release extends multi-user capabilities, providing automatic conflict resolution.
• ATP/CTP: Additional capabilities for multi-site implementations.

Constantine Goulimis, CEO at Greycon, said: “Growth in both our installed user base and internal development resources has enabled us to deliver this version to the market quickly. Improvements include new features as well as enhancements. Trials at one of Greycon’s plastic film clients resulted in a waste reduction from 8% to 3% in one instance, results that are in keeping with our goal of striving to maximise efficiencies, be it by improving material utilisation, productivity or rapid responses to unforeseen problems.”
(Greycon Ltd)

Newsgrafik #118525
 14.11.2017

Einzigartiger Markenauftritt für Lavazza - DS Smith und BestSeller gewinnen Superstar in Silber  (Firmennews)

Ob Espresso oder Caffè Crema – seit März dieses Jahres präsentieren sich die Spezialitäten des italienischen Kaffeerösters Lavazza am Point of Sale in einem weltweit einheitlichen Verpackungsdesign. Key Visual der neuen, formreduzierten Gestaltung ist die „Aroma-Mark”, welche den unvergleichlichen Lavazza Kaffeeduft visualisiert.

Das neue Sinnbild für den perfekten italienischen Kaffeegenuss steht auch im Fokus der umfangreichen Sonderplatzierung, mit der Lavazza den modernisierten Look seiner Produkte im Handel promotet: in Form einer überdimensionalen Tasse, aus der köstlicher Kaffeeduft strömt. Dieser motorbetriebene und lichtsensorgesteuerte Topper weckt als zentraler Blickfang maximale Aufmerksamkeit beim Shopper. Zusammen mit den hochwertig bedruckten Warendisplays, Säulen und Stellwänden weist das auffällige Deko-Element gleichzeitig auf das Add-on der Verkaufskampagne hin – eine exklusive Gratis-Tasse. Entwickelt, produziert und konfektioniert wurde der außergewöhnliche Verwandlungskünstler aus Wellpappe von DS Smith und BestSeller – Agentur für Absatzförderung, welche das Konzept und Design für die technische Realisation durch die Display-Profis von DS Smith lieferte. Der besondere Clou: Die Elemente des modularen Displaysystems lassen sich flexibel kombinieren und damit jeder Marktumgebung anpassen – sei es als Insel, Straße oder als dekorative Infosäule für den Eingangsbereich. Die Juroren des diesjährigen Superstars zeigten sich von dem Displaykonzept begeistert und prämierten die Lösung mit Silber in der Kategorie „Display mit Materialschwerpunkt Wellpappe, warentragend”.

Lavazza steht seit 1895 für Premiumqualität, echt italienisches Lebensgefühl und höchsten Kaffeegenuss. Mit dem neuen, weltweit einheitlichen Verpackungsdesign verschaffte der italienische Traditionsröster Nr. 1 seinen Produkten ein modernes und gleichsam unverwechselbares Outfit. Flankiert wird der neue Markenauftritt von einer Promotion im Handel, bei der sich die Shopper eine exklusive Aroma-Tasse sichern können: Einfach zwei Aktionsprodukte kaufen, Kassenbon einschicken oder hochladen und schon erhalten sie per Post eine Espresso- oder Caffè Crema-Tasse, bedruckt mit der Aroma-Mark in einer der neuen Produktfarben.

Maximale Aufmerksamkeit für die Add-On-Kampagne gewährleistet eine aufwändig gestaltete Sonderplatzierung im Look and Feel des neuen Markendesigns. Bereits von weitem weckt die überdimensionale, sich drehende Tasse mit dem Gratis-Schriftzug die Neugier jedes Kaffeeliebhabers. Dort angekommen bietet das Ladendisplay von DS Smith den Shoppern mit seiner übersichtlichen Warenpräsentation Orientierung, begeistert für die neuen Verpackungen und informiert mit Dekowänden, Lama- und Infosäulen auf einen Blick über die Promotion sowie die langjährige Tradition des weltweit sechstgrößten Kaffeerösters aus Turin.

Peter Niepelt, Trade Marketing Manager Retail bei Luigi Lavazza Deutschland GmbH, zeigt sich begeistert: „Die hochwertige Optik mit partieller UV-Lackierung hebt sowohl die Premiumqualität von Lavazza als auch die hohe Kaffeekompetenz des Händlers hervor.” Märkte jeder Größenordnung können von der cleveren, abverkaufsstarken Konstruktion profitieren. Denn egal ob Groß- oder Kleinfläche – durch die Modularität des Systems eröffnet DS Smith zahllose Variationen und Stellmöglichkeiten. Abgerundete Ecksäulen, Blenden, Dispenser und Tassenaufsatz lassen sich flexibel mit zwei, vier oder sechs ¼-Displays zu Inseln oder Straßen in verschiedenen Formen und Größen kombinieren. Neben der hohen Flexibilität punktete das Displaysystem insbesondere durch sein einfaches Handling. In verschiedenen vorkonfektionierten Sets geliefert, passen die Elemente zusammengelegt in jeden Kofferraum und können von den Außendienstmitarbeitern schnell und unkompliziert aufgebaut werden.
(DS Smith Packaging Division, Display/Packaging/Service)

Newsgrafik #118526
 14.11.2017

WestRock Reports Strong Finish to Fiscal 2017  (Company news)

WestRock Company (WestRock) (NYSE:WRK), a leading provider of differentiated paper and packaging solutions, announced results for its fiscal fourth quarter and fiscal year ended September 30, 2017.

Fourth Quarter 2017 Highlights
• Earned $0.76 per diluted share and $0.87 of adjusted earnings per diluted share. Our effective tax rate was 20.7%, and our adjusted tax rate was 28.4%
• Generated net cash provided by operating activities of $494 million and adjusted free cash flow of $271 million
• Achieved $80 million in year-over-year productivity and a run rate of $840 million of synergy and performance improvements since the merger

Full Year 2017 and Other Highlights
• Earned $2.77 per diluted share and $2.62 of adjusted earnings per diluted share
• Generated net cash provided by operating activities of $1.90 billion and adjusted free cash flow of $1.22 billion
• Achieved $361 million of productivity year-over-year
• Continued our portfolio transformation by:
• Completing five acquisitions, including the acquisition of Multi Packaging Solutions International Limited (“MPS”). These acquisitions:
º Advanced our strategy to provide differentiated, high value-added solutions to our customers and expanded our presence in attractive end markets
º Created opportunities for meaningful synergies and performance improvements, and
º Increased our vertical integration levels
• Selling the Home, Health and Beauty business (“HH&B”) in April 2017. This sale resulted in a pre-tax gain of $193 million and generated net after-tax proceeds of approximately $1 billion
• Executed our disciplined capital allocation strategy:
• Invested $779 million in capital expenditures
• Deployed $2.7 billion to strategic M&A opportunities
• Received $1.0 billion from the sale of HH&B
• Paid $403 million in dividends
• Returned $93 million to stockholders in stock repurchases
• Recently announced a 7.5% increase in our annual dividend

Steve Voorhees (photo), chief executive officer of WestRock, said, “I am pleased with the success the WestRock team achieved in fiscal 2017, with strong productivity and growth in cash flow. While we experienced a challenging cost environment, our team met the challenge and delivered on our objectives across the board, increasing value for customers, employees and stockholders. We are well positioned for a successful fiscal 2018.”

The $449 million increase in net sales was primarily attributable to $235 million of increased Corrugated Packaging segment sales and $245 million of increased Consumer Packaging segment sales. The increased Consumer Packaging segment sales were primarily due to the contribution from the MPS acquisition, and were partially offset by factors that included the absence of net sales from HH&B in the current year quarter due to the sale of HH&B. In addition, Land and Development segment sales declined $25 million.

The $18 million increase in segment income was primarily due to $37 million of increased Corrugated Packaging segment income. This increase was partially offset by $15 million of decreased Consumer Packaging segment income and $4 million of decreased Land and Development segment income. Within the Consumer Packaging segment, the sale of HH&B and the expensing of the MPS acquisition inventory step-up reduced segment income by $9 million and $12 million, respectively. The impact of hurricanes in the fourth quarter of fiscal 2017 reduced segment income by an estimated $15 million in the Corrugated Packaging segment and $12 million in the Consumer Packaging segment.

Restructuring and Other Items
Restructuring and other items during the fourth quarter of fiscal 2017 included the following pre-tax costs and expenses:
• $23 million of restructuring costs primarily associated with the consolidation of operations, including recent acquisitions, severance associated with the future Valinhos corrugated container plant closure in Brazil and on-going costs related to previously closed facilities
• $3 million of acquisition expenses
• $12 million of integration expenses from both current and prior period transactions

Cash Provided From Operating, Financing and Investing Activities
Net cash provided by operating activities was $494 million in the fourth quarter of fiscal 2017, compared to $382 million in the prior-year quarter. Total debt was $6.55 billion at September 30, 2017 and included $282 million for the fair-value of debt stepped-up in purchase accounting. Consistent with WestRock’s disciplined capital allocation strategy, during the fourth quarter, WestRock invested $242 million in capital expenditures, deployed $145 million to strategic acquisitions and paid $102 million in dividends to its stockholders.
(WestRock Companies)

Newsgrafik #118527
 14.11.2017

UPM and the Government of Uruguay sign an investment agreement to establish a competitive ...  (Company news)

... operating platform for a possible new pulp mill in Uruguay

UPM and the Government of Uruguay have signed an investment agreement, which outlines the local prerequisites for a potential pulp mill investment. The agreement details the roles, commitments and time-line for both parties as well as the relevant items to be agreed prior to the final investment decision.

The agreement defines the requirements for the operating environment of a world-class pulp mill project. The site of the mill would be close to the city of Paso de los Toros, in the department of Durazno in central Uruguay.

A long-term industrial operation requires stable and predictable operational environment. This will be supported by several measures in the areas of regional development, environment, forestry and land planning as well as labour and energy conditions.

Infrastructure development as key enabler
The Government will develop the rail and road network by tendering the construction and long-term maintenance of the network. The total investment by the Government has been reported to be approximately USD 1 billion. This investment is necessary to enable the establishment of efficient logistic infrastructure in the Uruguayan inland. The Government will also promote concession for a terminal specializing in pulp in the Montevideo port with rail access in order to secure reliable and competitive outlet to export markets.

Once the permitting requirements are fulfilled, the Government will grant the mill a free trade zone status, which is necessary to ensure competitiveness on international markets.

UPM will carry out an engineering study and permitting process for a pulp mill with an annual capacity of about 2 million tonnes of eucalyptus market pulp. The preliminary estimate for a pulp mill investment on site is approximately EUR 2 billion.

In addition, a successful project requires off-site investments in plantation land and forestry, road network and nursery capacity, harvesting and transport equipment, rolling stock for the rail, export facilities and human development.

"Robust infrastructure is elemental for industrial development. The Government of Uruguay is stating their serious intent with this agreement and timeline. The agreement sets the foundation for UPM's planning of a state-of-the-art pulp mill investment," says Jaakko Sarantola, UPM's Senior Vice President, Uruguay Development.

Global demand for sustainable pulp continues its strong growth
"A competitive world-class pulp mill must have a solid wood supply, well-working logistic infrastructure and efficient mill operations. The environmental performance of the mill would be secured with competent and engaged personnel and with best available technology. When in operation, the mill, forestry and related activities would employ 8,000 additional people in its full value chain. The operations would also have a significant positive impact on the central and north-eastern regions."

"The signing of this agreement confirms that we are now entering the second preparation phase of this prospect, which is expected to take some 1.5 to 2 years. Achieving significant progress in the implementation of the infrastructure initiatives is critically important for the final investment decision," says Sarantola.

"The world megatrends support a strong growth of the market pulp demand. UPM's customers value the stable quality of the Uruguayan eucalyptus pulp and hence Uruguay could be a competitive alternative for addressing UPM's pulp market opportunities in the 2020s. The possible new capacity in Uruguay would support UPM's multifibre strategy; to serve customers in growing hygiene, packaging and speciality end-use segments," concludes Sarantola.
(UPM)

Newsgrafik #118528
 14.11.2017

Infinity Pressfilze: Bessere Faserverankerung für geringere Faserverluste über die gesamte Laufzeit  (Firmennews)

-Konstante Laufleistung durch gezwirntes Garn
-Als Naht- und Endlospressfilz erhältlich
-Schneller und einfacher Wechsel des Pressfilzes

Bei Voith Infinity Naht- und Endlospressfilzen kommt gezwirntes Garn zum Einsatz. Für die Struktur bedeutet das eine verbesserte Faserverankerung und Papierhersteller profitieren von einer gleichbleibenden Performance über die gesamt Lebenszeit. Mit der jüngsten Variante der Pressfilze ermöglicht Voith eine konstant hohe Entwässerungsleistung und eine durchgängig gute Qualität des Papiers.

Durch das modulare Konzept von Infinity hat der Papierhersteller die Wahl zwischen mehreren Designs. Infinity lässt sich problemlos auf die speziellen Bedürfnisse der jeweiligen Anwendung anpassen. Der neue Pressfilz ist auch mit Naht erhältlich. Für die Naht wird optimaler Zwirn im Grundgewebe verwendet sowie Monofilament für die Nahtschlaufen. Die Nahtschlaufen verfügen über eine identische Schlaufenlänge, Rundheit und Abstand, was die Vernahtung schneller, einfacher und sicherer macht.

Bei einem Wechsel des Filzes kann der Anwender dadurch die Naht schnell und einfach schließen. Der Maschinenstillstand lässt sich so um bis zu 25 Prozent verkürzen. Infinty ist Teil des PressMax Portfolios der Voith AdvancedPRODUCTS. PressMax bietet Papierproduzenten über Einzelprodukte hinaus die Möglichkeit mit der idealen Kombination von perfekt auf einander abgestimmten Produkten die Performance ihrer Papiermaschine zu steigern.
(Voith Paper GmbH & Co KG)

Newsgrafik #118510
 13.11.2017

Borregaard to invest in new environmental measures   (Company news)

By investing strongly in various environmental measures, Borregaard will reduce NOx emissions by more than 50 percent from 2018. These measures will be supported by the Norwegian Business Sector’s NOx Fund.

During the past decade, Borregaard has implemented an energy strategy to replace the use of heavy oil with more environmentally and climate friendly energy sources. In the same period, Borregaard has reduced its CO2 emissions by as much as 50 percent. Today Borregaard covers its constant energy needs, mainly in the form of steam, with the reuse of process heat from production, bioenergy and energy recovery from waste.

One of Borregaard’s energy sources is a bioboiler that converts residual products from vanillin and cellulose production to steam. In the process, waste oil is used as supplementary fuel, which is a source of NOx and CO2 emissions. By rebuilding the plant, waste oil will be replaced with natural gas, which is considerably more eco-friendly.

In addition, Borregaard has two spray dryers that dry the water in lignin products to produce powder. Here too the source of energy will be replaced, in this case from propane to a mixture of natural gas and biogas from Borregaard’s biological treatment plant.

These measures are estimated to reduce NOx emissions by up to 100 tons annually, as well as reducing annual CO2 emissions by 14 500 tons. The measures will therefore have a positive effect both in terms of local air quality and greenhouse gas emissions. The project will cost NOK 78 million and receive support from the Norwegian Business Sector’s NOx Fund, which will contribute up to NOK 25.9 million. Completion is scheduled for the last quarter of 2018.
(Borregaard ChemCell)

Newsgrafik #118511
 13.11.2017

Mimaki ist fit für die InPrint 2017 mit dem branchenweit größten Portfolio an industriellen ...  (Firmennews)

...Drucklösungen

Das Anwendungsspektrum reicht von Warn- und Typenschildern über Membranschalter bis zu Verpackungsmustern und Werbeartikeln

Bild: Das universelle UV-LED-Print- und Cut-System UCJV300-160

Mimaki, ein führender Hersteller von Großformat-Tintenstrahldruckern und Schneideplottern, hat bekanntgegeben, dass das Unternehmen an der Fachmesse für industrielle Drucktechnologie InPrint 2017 teilnehmen wird. Die Messe findet vom 14. bis 16. November 2017 in Halle A6 des Münchener Messegeländes statt. Mimaki stellt am Stand 214 aus.

Am Stand von Mimaki können sich die Besucher mit eigenen Augen von der Leistungsvielfalt seiner industriellen Druck- und Schneidelösungen überzeugen. Zudem wird das Unternehmen 3D-Muster vorstellen, die das Potenzial des 3D-Vollfarbdruckers von Mimaki unter anderem für das Rapid Prototyping, den Formenbau und die Modellierung unter Beweis stellt. Die gezeigten Anwendungen reichen von Sicherheits-, Warn- und Typenschildern über Membranschalter bis zu Verpackungsmustern und Werbeartikeln.

„Wir sind davon überzeugt, dass wir auf der Messe mit einer der breitesten Paletten von industriellen Anwendungen vertreten sein werden“, sagt Ronald van den Broek, Sales Manager EMEA von Mimaki Europe. „Die industriellen Drucktechnologien verändern die Fertigung und Mimaki investiert mit Nachdruck in diesen Wandel. Wir möchten den Markeninhabern und Herstellern in vielen Branchen neue rentable Möglichkeiten bieten. Daher freuen wir uns, die Besucher an unserem Stand über diese Chancen informieren zu können, und hoffen, dass sie viele neue Ideen in ihr Unternehmen mitnehmen werden.“

Darüber hinaus nimmt Mimaki an den Vorträgen auf der Konferenzbühne in Halle A6, Stand 268 teil. Uwe Niklas, General Manager Marketing & Sales der Mimaki Deutschland GmbH hält am Dienstag, den 14. November, von 12.30 bis 13.00 Uhr einen Vortrag über das Thema „Integration digitaler Drucktechnologie in Produktionslinien“. Einen Tag später, am 15. November, spricht er von 15.00 bis 15.30 Uhr über „Kreative Anwendungsmöglichkeiten“.

Wegweisende Technologien im Industriedruck

Auf der InPrint 2017 zeigt Mimaki unter anderem:

Die hochgenauen, UV-härtenden Flachbettdrucker der Modellreihe UJF, die in einem Arbeitsgang eine Grundierung mit Inkjet-Primer, einen Unterdruck mit weißer Tinte sowie einen Vollfarbdruck und eine Deckschicht aus transparentem Lack aufbringen. Dabei verarbeiten diese Systeme nicht nur die unterschiedlichsten Substrate, wie Kunststoff, Holz, Metall und Glas, sondern sind auch mit innovativen Kerntechnologien von Mimaki, wie dem 360 Grad-Direktdruck auf Flaschen, ausgestattet.
-Den Flachbett-Schneideplotter CFL-605RT zum Rillen und Schneiden. Dieses Produkt profitiert von den bewährten Mimaki-Technologien und erlaubt die sofortige multifunktionale Weiterverarbeitung von Verpackungen und Prototypen. Er ist ideal geeignet, um in Verbindung mit den Flachbettdruckern der Modellreihe UJF eine lückenlose Produktionslösung zu schaffen.
-Das universelle UV-LED-Print- und Cut-System UCJV300-160, das erst kürzlich auf dem Markt eingeführt wurde. Es bietet umfangreiche Leistungsmerkmale, wie den 4-Layer-Druck für Leuchtkästen, sofort trocknende Tinte, niedrige Betriebskosten und ein breites Spektrum von Bedruckstoffen. Dieses System gewährleistet brillante, ins Auge fallende Druckergebnisse und ist daher sehr gut für die Produktion von Warn- und Bedienungsschildern einsetzbar.
-Muster, die mit dem 3DUJ-553, dem weltweit ersten 3D-Vollfarbdrucker produziert wurden, der bis zu 10 Millionen verschiedene Farben ausgeben kann. Das System verarbeitet weiße Tinte sowie einen transparenten Lack, der dem gedruckten Objekt eine zusätzliche Brillanz verleiht. Die transparente Tinte ist mit farbiger Tinte kombinierbar, um halbtransparente Modelle zu produzieren.
-Eine Vorführung auf einer Vakuum-Tiefziehmaschine von Formech mit der flexiblen Tinte LUS-350 von Mimaki. Diese Tinte ist beim Erwärmen im Temperaturbereich von 120 °C bis 200 °C um bis zu 350 % dehnbar. Nach dem Abkühlen auf Raumtemperatur erlangt sie ihre ursprüngliche Festigkeit wieder zurück und haftet sicher ohne Rissbildung oder Ablösen auf dem Formteil.
-Den Farbsublimationsdrucker TS300P-1800, der sich bei einem breiten Spektrum von Textil- und Fashion-Anwendungen durch eine branchenweit führende Druckgeschwindigkeit, Qualität und Durchsatzrate auszeichnet. Er kann auf sehr leichtem Transferpapier zu drucken, um die laufenden Kosten zu senken. Hierfür kommt eine leistungsstarke Saugplatte zum Einsatz, die die Wellenbildung mindert.

„Auf der InPrint 2017 können die Besucher ein vielfältiges Angebot an innovativen digitalen Druck- und Schneidelösungen kennenlernen, die den Markt für industrielle Druckanwendungen verändern werden“, ergänzt van den Broek. „Und das ist erst der Anfang! Markeninhaber und Hersteller, die diese digitalen Technologien heute übernehmen, sichern sich auf diesem sich rasant entwickelnden Markt einen wichtigen Wettbewerbsvorteil. Mimaki wird auch in Zukunft weiter mit Innovationen auf sich aufmerksam machen.“
(Mimaki Europe B.V.)

News-Paginierung #2