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Newsgrafik #119191

Fortress Paper Announces Name Change to 'Fortress Global Enterprises Inc.' and Symbol Change   (Company news)

Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX:FTP) (OTCQX:FTPLF) is announcing that it has changed its name to "Fortress Global Enterprises Inc.", effective January 29, 2018, in order to better reflect its existing business and future prospects.

Chadwick Wasilenkoff, Chief Executive Officer of the Company, stated: "We are pleased to change the name of the Company to Fortress Global Enterprises Inc. to align our focus on global investment opportunities. With the recent sale of our Swiss security paper products business, we will now adopt a name that better reflects our Company's global perspective while we continue to seek new opportunities to create shareholder value."

The Company's common shares are expected to commence trading on the Toronto Stock Exchange (the "TSX") under the new symbol "FGE" on or about February 1, 2018. The Company expects that on the same date its 7.0% convertible unsecured subordinated debentures due on December 31, 2019 (the "Debentures") will commence trading on the TSX under the new symbol "FGE.DB.A". The Company's common shares quoted on the OTCQX® Best Market will continue under the symbol "FTPLF".

The CUSIP numbers assigned to the Company's common shares and Debentures under its new name will be 34961F102 and 34961FAA0, respectively.

No action will be required by existing shareholders or debentureholders with respect to the name change. Certificates representing common shares and Debentures of Fortress Paper will not be affected by the name change and will not need to be exchanged. The Company encourages any shareholder or debentureholder with any questions or concerns to contact the Company or to discuss any of the foregoing with such person's broker or agent.
(Fortress Global Enterprises Inc.)

Newsgrafik #119127

Mondi relaunches IQ as 'The intelligent Paper Brand'  (Company news)

Mondi, the global packaging and paper Group, gives its office and professional printing paper IQ a brand new look. The IQ brand concept revolves around ‘Intelligence’ and what it means to be an intelligent paper solution, offering the right answer for all needs, from offset to digital printing. IQ combines this versatility with a 99.99% trouble-free runnability.

Since its launch in 2001, IQ has built up its strong brand recognition and is ranking today number two in brand awareness for all of Europe in the 2016 EMGE Cut-Size Survey. Mondi is building up on that high level of brand awareness with the rejuvenated image for IQ. This includes a new logo, freshly designed ream wrappers, and new sales and marketing tools.

“IQ is already one of the best-known paper brands in Europe,” says Johannes Klumpp, Marketing and Sales Director, Mondi Uncoated Fine Paper. “So we want to maintain its high profile and also highlight the great versatility of this portfolio: There is an IQ suitable for every printing technology and every purpose. Whether for office or professional printing, IQ has the solution for you.”

The IQ portfolio has continuously adapted to customer needs and could therefore build a loyal customer base. The success of the IQ story also rests upon the good partnership between Mondi and Europapier, Mondi’s key distribution partner for the IQ range.

“IQ has always been an essential and reliable part of our long-standing cooperation with Mondi. We are pleased to work now together on promoting IQ papers even further,” says Helmut Limbeck, CEO of Europapier Group. “We very much like the new IQ campaign, which gives the brand a fresher image and also focuses on what IQ paper really stands for - an intelligent solution for all printing needs. Europapier is serving around 10.000 customers with IQ papers, which is an impressive proof point of this statement.”

The communicative power of IQ
Intelligence is defined as the mental quality that enables one to learn from experience and adapt to new situations. "This is exactly what our IQ papers stand for in the printing industry as they are versatile and can be easily adapted to all printing situations,” highlights Johannes Klumpp the story of the “Intelligent Paper Brand”.

Thirty-six colours and a grammage range from 60 up to 400 g/m² show the great diversity of the IQ portfolio. Symbolic for this diversity, new visuals were designed for all the sub-brands of the office and professional printing portfolio, each relating to the concept of intelligence. For its “high-performance paper” IQ PREMIUM a high-tech robot represents the enhanced productivity and quality the paper gives you in the work place. A bust of Leonardo da Vinci is featured on the new packaging of IQ ALLROUND, linking one of humankind’s greatest thinkers and multi-talents to a paper with perfect runnability that is the solid all-rounder among the IQ range.
Performance driven. Every day.

Not only is IQ versatile, it is also extremely reliable. Addressing end-customers’ challenges with printing, Mondi introduced the “Performance Champion” for their IQ paper portfolio. Provided it has been stored under proper conditions, Mondi ensures 99.99% trouble-free runnability of its paper on copiers, printers and other office equipment.

In addition, IQ SMOOTH and IQ PREMIUM both feature ColorLok® Technology, which enhances the quality of inkjet printing. With ColorLok®, pigments are held close to the surface, resulting in more vivid colours, bolder blacks and faster drying time.
Sustainable. Every day.

As with all Mondi uncoated fine papers, IQ is part of the company’s Green Range, which symbolises high environmental performance in sustainable paper production. IQ papers fulfil Mondi’s Green Range criteria for either FSC® or PEFC™ certification for responsibly managed forests. All Mondi IQ papers also carry the EU Ecolabel.
(Mondi Europe & International Division)

Newsgrafik #119154

Anilox roller manufacturer looks back on a successful year 2017  (Company news)

Zecher records order increase of 6%

2017 - a year full of changes as well as major advances at Zecher. Already in the first half of the year the company reported on a significant growth in orders and was able to continue this trend over the last few months. Thanks to the continuous growth of Zecher, they are now able to look back on an increase in order volume of around 6% compared to the previous year. The Sales Manager of Zecher, Thomas Reinking reported: „With increasing internationalization always in view, in 2017 we opened up in new markets worldwide, welcomed partners in over 12 countries to our sales team and processed our existing markets even more effectively. Our new additions include China and the USA, in particular, with our new partner Daetwyler, the world’s leading manufacturer of doctor blades.”

To meet the increasing order volume as well as the growing demands of their customers, Zecher expanded their production capacities in the area of laser engraving. This included the installation of a new laser with all currently available hardware and software options, as well as upgrading two existing laser engraving systems to the latest technological level.

In addition, the own specifically developed SteppedHex engraving contributed to their success in 2017 - after its market launch in 2016, it further established itself as a cost-effective and powerful alternative to conventional hexagonal engraving. Zecher expects a steadily growing interest from various printing industries for this innovative engraving technology. Successful projects with a large number of big companies such as Heidelberger, Tresu or Christiansen Print underline the proven performance of the Zecher SteppedHex anilox rollers.

Furthermore, they also presented their Zecher Anilox Cleaner as an extension of the product portfolio for the first time at LabelExpo Europe 2017. „Our own clearly defined range of cleaning products is geared towards different application possibilities, to make the choice easy for the printer. With these product innovations we are reacting to the requests of many customers who want to set their Zecher anilox rollers up for a long life by using high-quality cleaning products.”, says Sales Manager, Thomas Reinking.

For 2018, Zecher is striving for another increase in their order volume and will establish themselves in new markets with the aid of their increased sales partner network, as well as win customers in additional countries with their anilox roller solutions.

Zecher GmbH is an international manufacturer of chrome and ceramic anilox rollers. With continuous further developments and various innovations in the field of printing technology to its name, Zecher currently counts on about 70 years’ experience in the manufacture of anilox rollers. Zecher produces more than 12,000 engraved anilox rollers annually at its main plant in the German town of Paderborn. For more information visit
(Zecher GmbH)

Newsgrafik #119159

Metsä Board launches an innovative eco-barrier paperboard  (Company news)

Metsä Board, a leading European producer of premium fresh fibre paperboards, is launching a new eco-barrier paperboard. This new, innovative paperboard with a special barrier treatment is bio-based, recyclable and biodegradable, and developed especially for food service use. On top of the sustainability benefits of this new product it also offers efficiencies in printing and converting.

There is a clear market need to develop paperboards with bio-based barriers as alternatives to fossil-based barriers. The new eco-barrier paperboard, MetsäBoard Pro FSB EB1, is a unique product with a bio-based and biodegradable special barrier treatment that is fluorochemicals-free. The new eco-barrier paperboard can be used with foods requiring grease resistance up to KIT level 5, and the barrier properties can be further improved by adding varnishing layers at the converter. This latter option offers a notable increase in efficiency as the barrier property improvement can be made by applying only one varnishing layer in comparison to paperboards without this special barrier treatment.

A Finnish converter, OffsetKolmio Oy, has been using the new special barrier treated paperboard for a baguette pack used by a Finnish artisan bakery, Huovisen Leipomo. “We were able to reduce the print cost without compromising on the quality or barrier properties of the board. Print machine time for barrier treatment was reduced by 50%, and 65% less varnish was needed thanks to the special barrier treatment of MetsäBoard Pro FSB EB1. In addition, this breathable board keeps its form and preserves the filled baguette well,” confirms Kimmo Jokinen, Managing Director, OffsetKolmio Oy.

MetsäBoard Pro FSB EB1 is a lightweight paperboard and is available in basis weights of 195–290 g/m2 with all layers hard-sized. It enables high-quality printing on both sides and is suitable for offset and flexo printing. The consistent quality of the new paperboard gives excellent convertibility. It is glueable with standard dispersion and hotmelt adhesives.

The new product is safe for direct food contact and it is free of optical brighteners (OBA free). It is available with PEFC™ or FSC© certification. It is fully recyclable with conventional recycling systems.

Mika Joukio, Metsä Board CEO, stated: “Consumption of takeaway food keeps on increasing. This makes recyclability and biodegradability of food service boards even more important. We are very excited about this new eco-barrier paperboard as we see real sustainability and efficiency benefits for our customers. Metsä Board is continuing development work on further innovative barrier solutions.”
(Metsä Board Corporation)

Newsgrafik #119163

Appeals to all the senses: Metal effect meets Sappi paperboard  (Company news)

Sappi's Algro Design boosts presentation of metallic pigments for ECKART’s illoom.-LookBook

Soft and smooth on the outside, luxurious and classy on the inside: the illoom.-LookBook, a joint effort between speciality paper manufacturer Sappi and effect pigment provider ECKART, hits the bullseye. The brilliant white SBS paperboard, Algro Design from Sappi shows off the illoom. metal effects so well that it is hard to put the sample box down.

The classy marketing piece with high-quality inlay patterns, printed on 300 g/m2 Algro Design Duo was created to give designers, brand manufacturers and packaging converters the opportunity to delve into a world of metal effects, engaging all the senses. It will enable them to discover the new possibilities ECKART effect pigments can offer their various print projects in packaging, branding and marketing.

“The illoom.-LookBook is designed to inspire brand owners and designers, giving them a playful impression of the kinds of effects and finishing techniques that can be created using metallic finishes on a wide variety of packaging types,” says Christoph Sontheimer, Business Development Manager, Marketing & Technical Services at ECKART. “From the very first printed samples, it became obvious that the brilliant white Algro Design perfectly displayed our metal effect pigments.” In addition to the sample box, a variety of illoom-fandecks are available, showing metallic and gold effects on different substrates using offset, flexo, gravure, screen and digital printing. Algro Design was also used for the pleasantly soft cover page for the fandecks.

An appealing alternative to hot and cold foils

Specially selected majestic animal images in the illoom-LookBook create a visual representation of what can be achieved with ECKART metal effects using different printing techniques. Whether in flexo, gravure or offset using UV-curable, solvent-, water- or oil-based inks – the sample box demonstrates optically striking metal effects as well as an attractive metallic premium design. Breathtaking print effects are shown on 10 effect sheets using the four ECKART pigment types – metalure, platindollar, silverdollar and cornflake. Clearly presented and separated by sheet tabs, the various effects were created to inspire designers as they leaf through the sheets. It clearly demonstrates that Sappi’s SBS paperboard Algro Design is the ideal carrier material to guarantee highest precision, value and consistent quality with these outstanding effect pigments.

In addition, print finishing using ECKART metal effects is highly efficient compared with substrate-specific effect techniques, such as metallised paper and paperboard, as well as hot and cold foil stamping. In other words, this kind of realistic visualisation presents an effective and cost-effective alternative to hot and cold foil stamping, allowing brands and designers to more cost-efficiently upgrade designs using metal effects. This makes effect pigments an indispensable tool for designers and agencies to set them apart from the competition. Sappi and ECKART are ready: 2,000 sample boxes have been produced and are now being shipped worldwide to educate and inspire the creative and converting communities.
(Sappi Europe S.A.)

Newsgrafik #119167

UPM continues to grow in the release liner business  (Company news)

As the world leader in label papers, UPM continues to grow in the attractive release liner segments to support its customers mainly in Europe and the Americas. Healthy growth is expected to continue in these markets based on general economic conditions, increase in labelling, packaging and e-commerce as well as growth in medical and hygiene products.

UPM expands its glassine and supercalendered kraft (SCK) paper manufacturing capacity by rebuilding a calender at UPM Jämsänkoski Mill in Finland. The additional capacity of approximately 40,000 tonnes/a will be available in Q4/2018. During the expansion, production at the mill will continue normally. UPM has also successfully developed UPM Kymi Mill's capability to produce one side coated products, which will affirm its production capacity levels.

Photo: UPM brilliant Evo - White, non coloured glassine release paper

In addition to the Jämsänkoski investment, UPM has decided to conduct a feasibility study on the conversion of the fine paper machine PM2 at Nordland Papier into release liner production. The study is planned to be completed during the first half of 2018.

"UPM Specialty Papers' markets are growing and with the possible machine conversion in Nordland in addition to Jämsänkoski's calender investment, we plan to be part of the growth. Our aim is to be the preferred partner for our customers and enable our customers' growth both regionally and globally," says Bernd Eikens, Executive Vice President of UPM Specialty Papers.

Newsgrafik #119169

Warping and runnability problems cured in Cartojanes Santorromán  (Company news)

Cartonajes Santorromán is a family run company in Spain with over 100 years experience, spanning four generations, in producing paperboard boxes and packaging. They work closely with the food and beverages as well as wine and spirits sectors where corrugated cartonboard plays an important role in the protection and handling of the products. Packaging for footwear, technical, automotive, construction and furniture industries also feature in Santorromán’s product portfolio as well as being certified for the manufacture of hazardous goods packaging.

Photo: A bale of corrugated board with perfect flatness

Santorromán has a philosophy of constantly investing in infrastructure and technology for the manufacture of corrugated cartonboard and any product that can be made with it. This has led to many innovative products and a well deserved reputation for quality. Innovative products bring new challenges and when faced with a warping problem, Santorromán turned to Valmet for a solution.

An explosive problem!
The corrugator is the backbone of corrugated cartonboard production at Santorromán and combines two stages. At the wet end, the paper is heated, moistened and formed into a fluted pattern after which it is glued with a starch based adhesive to a facing of smooth paper. Next, at the double-backer, a second flat linerboard is glued to the other side to form a single wall corrugated board. At the dry end, Slitter-Cutter-Creaser cuts and scores the cartonboard sheets to the patterns defined by the requirements of each order. The product is then stacked by the stackers and placed in provisional storage until further processing. Differences in moisture content of the top and bottom facings can cause warping or bending of the sheet which interferes with the following converting processes. “The warping problem manifested itself when making a double wall (five plies) board on the corrugator which involves the gluing of a second microchannel flute and facer to the C-channel fluted board,” says Jesús Pérez Osma, Technical Manager. This type of product, a Santorromán specialty, is used for instance to make boxes to transport explosives, an application for which the factory has special certification. Microchannel fluted products are also used extensively for fruit and vegetable packaging.

Warping in the final combined sheet is one of the most serious defects that can occur on the corrugator. Cross direction warp is caused by differences in moisture between the top and bottom liner with higher moisture causing more shrinkage of pulp fibers to warp or bend towards the side with higher moisture.

Santorromán installed 2 Valmet IQ Moisturizers for liner moisture control in March 2015. The Valmet IQ Moisturizer, used extensively in paper production to control curl, wrinkles and heavy edges, has found a ready market to correct warp in corrugated board. The IQ Moisturizer corrects the warp of combined board by spraying a fine mist to the liner in a controlled way providing a very high degree of control and very fast response to quality destroying conditions.

According to Ramón Martínez, Maintenance Manager, “We see differences between reels and have grades with different facings that can be difficult to handle. We would try and control warp in several ways, a little more preheating and sometimes more glue before the double backer, but both add costs and more heat can cause cracking at the die cutters. Now with the moisturizer we can control the warp and gain better runnability in converting. This is very important for the casemaker machines making flap boxes with fully automatic 3-tone printing, slotting, die-cutting, gluing, folding, tying and palletizing. The sheets need to be as flat as possible to ensure trouble free operation.”

Easy to operate
The operators now know how much moisture to add and need to just enter the number of grams per square meter according to grade. For Victor Ruiz, corrugator machine manager, the moisturizer is easy to use, “I see the first sheets from the machine and with experience I can quickly make adjustments if needed. For lighter boards we can also adjust the cross direction profile to correct the edges,” he says. The control system delivered with the moisturizer takes care of production rate changes automatically, so even during reel changes when the machine speed is changing the moisturizer adapts immediately. Moisture applied varies according to grade with the fine mist nozzles coping with as little as 0.3 gm/m2 for grades up to 3.5 gm/m2 for the double faced board. A new reel can have a different moisture content but the control makes it very easy for the operator to quickly change the moisture applied to the liner.

No reclamations
Jesús Pérez Osma has been impressed with the results, “The corrugators can now run at its maximum speed and the quality is better. Earlier we had few reclamations because if we were not satisfied we did not ship the product. But in the last year we had none and the best recommendation is in house from the converting machines where you can even hear that the printing machine is running better.”
(Valmet Corporation)

Newsgrafik #119212

Lecta Revamps Its Corporate Website   (Company news)

An updated, intuitive design for an improved user experience

In line with Lecta’s commitment to continuous improvement, and in response to our customers’ feedback, Lecta has revamped several sections of our site to provide an improved experience for our stakeholders.

With cleaner lines, streamlined navigation and a clearer, easy-to-use structure, we are excited to share our new online presence with you.

You can also find our new corporate video on our Mission, Vision and Values page.
The video offers an overview of Lecta’s full multiproduct portfolio, from manufacturing to end use, present in so many different industries and markets.

We invite you to visit and discover the latest version of our site at

Newsgrafik #119100

Rheinauer Druckvorlagen cuts 40-60 % on plate handling time  (Company news)

In April Rheinauer Druckvorlagen chose to replace their old flexo plate processor. They were looking for a new faster machine as their customers always need their plates by the next morning. They contacted Glunz & Jensen to purchase a more modern flexo plate processing system.

In the photo: Werner Frank, Owner and Simone Ross, Platemaking Resposible

Werner Frank, Owner of Rheinauer Druckvorlagen:
“The Glunz & Jensen 505 DW-XP flexo plate processor is perfect for our production site. It works perfectly with our new Esko PreMount system. The register is perfect and it delivers very clean plates at a very high speed. It takes only one hour to dry our plates, so this also means that we save money on our electrical bills, as we can shorten our drying times.”

Rheinauer utilizes a customer-oriented quality management system whereby during the entire work process, from the data entry check up to the finished cliché, a continuous check takes place. Our comprehensive quality control system guarantees an excellent end product, and the Glunz & Jensen 505 DW-XP is now an integral part of our improved cliché quality and productivity.

“Processing our Kodak NX plates in the Glunz & Jensen 505 DW-XP allows us to achieve optimal plate image quality. Our customers achieve excellent print quality and transfer of the ink, richly closed solid surfaces and allows for finest gradients”, says Werner Frank.

“Generally the 505 DW-XP is a really big improvement for us. We now save up to 60 % in plate handling time.“
(Glunz & Jensen A/S)

Newsgrafik #119117

Thomson Press installs India’s first Xeikon 9600  (Company news)

Thomson Press, one of India’s leading printing and publishing houses, has become the first operation in the region to invest in a Xeikon 9600. The new press has been installed in its digital facility in Okhla, New Delhi. It complements the company’s web and sheet offset capabilities, bringing the high quality its clients demand to shorter runs of books and other publications.

Thomson Press chose the press, which is configured as a roll to stack press with incorporating the Web Finishing Module to protect the printed image prior to mechanical finishing of the work. The press is producing high quality multi-color jobs cost effectively in quantities as low as twenty books. The press also supports a wide variety of offerings from ultra-high quality coffee table books to educational materials, short run speciality magazines and periodicals. The Xeikon press also enables printing of religious publications on 40 gsm paper.

The Xeikon 9600 is the ultimate dedicated solution for a wide range of graphic arts production such as books, magazine, brochures/leaflets and point of sales applications. It offers high performance quality and productivity and delivers a broad array of standard and non-standard formats, including virtually unlimited image lengths.

The one-pass-duplex web-fed system is capable of speeds of up to 14.5mpm (47.5 fpm) at a resolution of 1200 dpi with variable dot density. It integrates the variable data capabilities of the Xeikon X-800 front-end and incorporates a 5th color station for accurate spot color reproduction as well as speciality toners for security applications and other technical toners. Its QA-CD dry toner enables the use of a wide range of substrates without specific pre-treatment. The press delivers a wide color gamut and has no VOC emissions.

Feature benefits include perfect color consistency and professional color management, variable printing across both width and length, the ability to handle media weights from 40 to 350 gsm (27 lb text to 130 lb cover) and flexible integration with graphic arts (PDF) and IPDS workflows.

Bent Serritslev, Managing Director of Xeikon APAC, states, "We are thrilled and honored to count Thomson Press among our satisfied customers, and we are confident that that the versatility and high printing quality of the 9000 series of presses with find acceptance in the Indian market, where quality is critical. And the flexibility to choose roll-to-roll or roll-to-sheet adds an extra dimension, while the flexibility of financial models Xeikon adds to the attractiveness of the offering.”
(Xeikon Manufacturing and R&D Center)

Newsgrafik #119128

BASF increases prices for pigments, dyes and preparations worldwide  (Company news)

Effective today, or as contracts allow, BASF will increase prices for pigments, dyes and preparations by up to 15% percent worldwide. The price increase will affect all market segments, predominantly the coatings, plastics and printing industries. Price adjustments are necessary due to higher raw material prices e.g. for pre-cursers of pigments and dyes, as well as increased costs for regulatory efforts like registration, environmental, health and safety.
(BASF SE Paper & Water)

Newsgrafik #119142

Notice Regarding Decision by Consolidated Subsidiary (Kitakami Paper Co., Ltd.) to Withdraw ...  (Company news)

... from the Business

Nippon Paper Industries Co., Ltd. (hereinafter “the Company”) announces that its consolidated subsidiary, Kitakami Paper Co., Ltd. (hereinafter “Kitakami Paper”), has decided at the meeting of the Board of Directors that it will withdraw from all of its businesses on July 31, 2018.

Reason for the withdrawal
Kitakami Paper, as a paper company of local production for local consumption, has been providing newsprint and linerboard and corrugated medium and others, primarily to the Tohoku district since its establishment in 1948.
In recent years, Kitakami Paper had been focusing on the development and sales expansion of products that contribute to the resource recycling, in particular, despite ongoing challenges in the operating environment caused by rising prices for raw materials and fuel, including waste paper.
Under the circumstances, Kitakami Paper had also been promoting thorough cost reductions as well as the price revisions for products. However, with improvements in profitability and the consistent generation of profits unlikely to occur, going forward, it has decided to terminate production and sales, and withdraw from all of its businesses.

Going forward, Kitakami Paper is considering dissolution and liquidation although a fixed schedule has yet to be decided.

The impact of the loss on business withdrawal on the Group’s financial results is undergoing scrutiny and will be promptly announced if matters to be published occur.
(Nippon Paper Industries Co Ltd)

Newsgrafik #119126

Mimaki joins Signtrade in celebrating 30th anniversary  (Company news)

Over 25 years of partnership and more than 25 Mimaki printing and cutting solutions at SGI 2018

Mimaki, a leading manufacturer of wide-format inkjet printers and cutting systems, joined Signtrade International, its distributor in the United Arab Emirates, last week to celebrate Signtrade’s 30th anniversary. The celebration coincided with the Sign and Graphic Imaging (SGI) 2018 show held at the Dubai World Trade Center, from 14 – 16 January, where the complete line-up of Mimaki’s industry-leading products was shown at the Signtrade stand. At the ceremony, the companies also celebrated their strategic partnership of more than 25 years. Taking place at the Armani Hotel, Burj Khalifa, Dubai, the 30th anniversary celebration event saw attendance from both Mimaki Europe and Mimaki Engineering, with Mr Akira Ikeda, the Executive Chairman of Mimaki Engineering, receiving the Excellence Award from Signtrade.

“Our sincere congratulations go to Signtrade on its 30th anniversary,” said Mr Sakae Sagane, Chairman of Mimaki Europe. “Signtrade is the market leader and a valued Mimaki distributor in the region, and we have benefited from their deep knowledge and expertise and excellent customer service over the past 25 years and look forward to continuing our relationship far into the future.”

World’s broadest array of sign and display graphics solutions
At the show, a full portfolio of Mimaki solutions was on display, from its industry leading UV printers to its affordable and accurate cutting plotters. Some of Mimaki’s latest releases especially attracted much attention from the crowd:
-The 3DUJ-553. This unique 3D printer can achieve full colour modeling in more than 10 million colours and is ideal for the production of full-colour scale models and product prototypes, as it eliminates the time-consuming need to paint or colour models after printing.
-The UCJV300-160. This integrated roll-to-roll UV LED printing and cutting solution includes a unique 4-layer Day/Night printing capability and internal lighting system that enables two different images on the same sign – one image appears when the sign is backlit and another when it is not. It’s LED curing allows the use of an expanded range of media including uncoated print media and heat-sensitive substrates.
-The Tiger-1800B. Shown printing on sublimation transfer paper throughout the show, this high volume industrial textile printer achieves maximum print speeds of up to 385 m2/hour and is also available as a direct-to-textile printer.
(Mimaki Europe B.V.)

Newsgrafik #119131

Koenig & Bauer offers inventory management and batch tracking via smartphone  (Company news)

-Inventory management and batch tracking with the ProductionApp
-NFC tags for unambiguous article assignment
-Prerequisites: LogoTronic Professional and a local wireless network

The Rapida LiveApp with its info panel and maintenance manager functionalities has been on the market for around a year. Moving ahead, it is now to be expanded with the so-called ProductionApp as an indispensable assistant in the production environment.

Photo: Correcting the quantities of inks in the stores using the ProductionApp

The following situation arises at some point in every print company: A necessary consumable such as an anti-foaming agent or washing solvent has run out. The stores are empty because a helper on a previous shift took the last bottle or container but neglected to mention this to anyone.

Koenig & Bauer has taken up the challenge of avoiding such annoying circumstances and has developed the ProductionApp as a powerful inventory management and batch tracking tool for use on mobile Android devices. The first practical users are already full of praise for the ProductionApp.

Overview of inventory levels
The basis for the app is the NFC function which is integrated into many smartphones. Use of this technology renders data acquisition in the production hall both simple and reliable.

The ProductionApp workflow begins in the stores. The storage locations for the various consumables such as inks, coatings, blankets or powder are provided with an NFC tag. Within the app, subsequently, storage location tags can be assigned to any chosen article. The app then saves these assignments.

During an inventory check or after receiving a new consignment, the relevant article data are displayed for an individual storage location. The storeman can then compare the displayed quantities which those actually present. In case of any differences, the numbers can be corrected very simply. The quantities of new incoming supplies are recorded. For any given article, therefore, current stock levels are reconciled and updated automatically (inventory management). This process is realised with the aid of the NFC function. As soon as the smartphone detects a store tag, the display and input forms are opened automatically. The app does not have to be started beforehand.

Batch tracking through to the printing press
At the press, assignments relate to the point of consumption, e.g. a particular printing unit, and are again controlled by way of NFC tags. The individual locations are assigned via the NFC setup. All relevant information about an article (colour, remaining quantity, etc.) is displayed on the smartphone directly at the place of consumption. The operator selects the quantity which has been topped up or refilled, and scans the batch code of the consumable concerned. The camera is activated automatically to scan the code, and the code itself is then displayed as soon as it is successfully detected. The operator can also view further useful information, e.g. when the article concerned must be refilled again or how much ink is required for the current job.

The quantity refilled and the scanned batch number are saved in a database on a job-by-job basis, and the remaining stock levels are reduced accordingly. If the quantity in stock falls below a defined threshold, a corresponding e-mail is automatically sent to the responsible stores supervisor or to the purchasing department. The e-mail recipient can be set individually for each article. In this way, the necessary reordering process can be automated. An interface to a webshop is possible and also planned for the future.

The troublesome monitoring of shop floor stocks and downtimes due to missing consumables become a thing of the past. With the aid of the app, capacities are freed up for meaningful and creative tasks.

Benefits of the ProductionApp:
-Tracking of consumables batches
-Inventory management for consumables
-Support for the tasks of the printers and helpers (indication of where something is to be done)
-Availability of a list of all consumables which were used in conjunction with a given job

Besides batch tracking for inks, coatings and the like, it is also possible to monitor consumables such as blankets or blades. The app provides exact information on the number of impressions reached by the currently mounted blankets, for example. Target-actual service life comparisons are another possibility. If the blankets have exceeded the planned service life, this can be reported and visualised. In this way, tasks such as blanket changing or the refilling of powder and washing solvents can be indicated and planned in advance. If consumption changes significantly, furthermore, the precise causes can be investigated.

Complex processes become child's play
The app permits the definition of any number of storage locations, and the stocks at different or distributed storage locations can be summarised. A company thus maintains an exact overview of all stock levels at all times. In addition to the consumables for sheetfed offset presses, further products can also be integrated, e.g. the adhesive for a folder-gluer.

Inventory management is greatly simplified with the ProductionApp, because it remembers the order of the shelf areas for each defined storage location.

Only three prerequisites must be met in order to use the ProductionApp: One or more Android smartphones with the Rapida ProductionApp, LogoTronic Professional as the production management system, and a wireless network in the print company. Specialised advisers from Koenig & Bauer are on hand to assist process-specific set-up and commissioning.
(Koenig & Bauer AG (KBA))

Newsgrafik #119140

BASF to increase prices for wet-end paper chemicals in the EMEA region  (Company news)

Driven by continued increases in cost of raw materials, transportation, and energy, BASF will increase prices for wet-end paper chemicals in the EMEA region (Europe, Middle East and Africa) by 4 to 12 percent, effective February 1, 2018 or as existing contracts allow.
(BASF SE Paper & Water)

Newsgrafik #119141

Smurfit Kappa has opened a new recycling plant in Malaga, Spain, which will strengthen its...  (Company news)

... recovered paper service in the region.

The plant, which is expected to process over 30,000 tonnes of recovered paper annually, is perfectly positioned to meet the city’s growing recycling needs.

Photo: Malaga Recycling Plant

A fleet of eco-friendly hybrid vehicles collect paper and board from households and businesses. This is then sorted at the plant and sent to the Smurfit Kappa Mengibar Containerboard Mill where it is converted into board that is used to create new packaging.

The plant is designed to ensure the highest standards in health and safety and its proximity to the city centre makes it an ideal strategic partner for the city of Malaga.

Speaking at the launch, Ignacio Sánchez, Recycling Country Manager, Spain, said: “We are proud to open the doors of this innovative new plant which is further evidence of our ongoing commitment to sustainable development.

“Paper-based packaging is 100% recyclable. All corrugated, solid board and folding carton can be put through a process to make it into another box in as little as 14 days, demonstrating a truly closed loop approach.”

Henri Vermeulen, Vice President of Smurfit Kappa Recovered Paper added: “This facility will play a significant part in our ongoing strategic priority to ensure the permanent availability of enough good quality recovered paper to guarantee the demands of all our customers in the chain. We are therefore very pleased to have opened another recovered paper plant.”

Smurfit Kappa has long been committed to best practice in recycling and has a global network of specialist recycling plants. The company recently completed the purchase of a 12,000 sq m site in Blackburn, UK to significantly increase its recycling capabilities in the region.
(Smurfit Kappa España S.A.)

Newsgrafik #119161

Huhtamaki expands to paper bag manufacture in Poland  (Company news)

Huhtamaki has agreed to establish a joint venture with Smith Anderson Group Limited, one of Europe's leading paper bag suppliers, to manufacture and sell foodservice paper bags in Eastern Europe. The joint venture will start manufacturing paper bags at Huhtamaki's facility in Czeladz, Poland. Manufacturing operations are expected to begin during Q1 2018. Huhtamaki currently manufactures paper bags in Russia only and this initiative further strengthens its position as a one-stop-shop to foodservice customers.

As the majority shareholder Huhtamaki will consolidate the joint venture company as a subsidiary in the Group's financial reporting. The business will be reported as part of the Foodservice Europe-Asia-Oceania business segment but will not have a significant impact on the segment's net sales initially.
(Huhtamäki Oyj)

Newsgrafik #119114

UPM and Åbo Akademi University into strategic partnership  (Company news)

UPM and Åbo Akademi University expand their cooperation by signing a frame agreement covering several fields of research. UPM and Åbo Akademi University have previously already cooperated in biomedicals research which is one of Åbo Akademi University's spearhead fields and a focus area of UPM's Biochemicals unit. The frame agreement strengthens cooperation in biomedicals and also in paper, pulp and energy research.

UPM leads the integration of bio and forest industries and builds a sustainable and innovation-driven future for example through collaboration with partners. The purpose is to promote business development and speed up innovations also in new areas, such as biomedicals.

"We are actively looking for strategic partners on a global scale. The frame agreement with Åbo Akademi University strengthens UPM's network of strategic partnerships in areas that are essential for our future businesses", states Pekka Hurskainen, Vice President of Technology Strategy Development at UPM.

UPM and Åbo Akademi University have already been doing successful cooperation with GrowDex® cellulose nanofibril hydrogel. It is UPM's first commercial product developed for biomedical purposes. It is especially well suitable for 3D cell culture applications, such as pharmaceutical research and development. GrowDex is highly biocompatible with human cells and tissues.

"We are pleased with the frame agreement with UPM. This agreement continues our long term collaboration with UPM. Over the years, we have been actively collaborating in the fields of material and process research in chemical engineering and biomedicals, and we are now able to reinforce this collaboration", says Niklas Sandler, Vice-Rector, Research Affairs at Åbo Akademi University.

Newsgrafik #119120

Smart Packaging solutions from Faller: innovative, interactive, and intelligent   (Company news)

Prototypes for the e-health market at Pharmapack 2018, 7-8 February, Stand E20

In keeping with the trade show motto "Innovation & Digitization" at this year's Paris Pharmapack, Faller is presenting three prototypes in line with the theme of smart packaging at its Stand number E20. The company’s folding boxes are designed to improve compliance and make it easier for patients to manage their medication. In addition, Faller is participating in the Innovation Gallery with its ELISA KIT BOX for packaging different kit components.

Photo: Smart Packaging Prototypes: “Level Indicator”, “Counting Device” and “Medical Prescription” (from left to right)

The intelligent, interactive drug packaging, developed by Faller in collaboration with MSC Technologies and the Pforzheim University of Applied Sciences in Freiburg, is equipped with small e-paper displays and electronic controls (buttons).

The Smart Packaging prototypes
Prototype I, "Level Indicator", is medication packaging for measuring levels. During measurement, the bottle remains in the packaging. The display on the outside of the packaging shows the level and reminds the patient in time to request a new prescription.
Packaging prototype II, "Counting Device", features an electronic tablet-counting device. Here, the patient uses buttons on the packaging to
confirm that he or she has taken their medication, which in turn reduces the tablet count. Once a minimum number of tablets has been reached, the display shows a message reminding the patient to renew their prescription.
Smart packaging prototype III, "Medical Prescription", represents the pinnacle of intelligent packaging. Here, the box not only counts how many times the patient has taken his or her medication and reminds them of prescriptions. Thanks to an app developed in-house and Bluetooth, a doctor or pharmacist can also transfer the dosage instructions to the carton, while an integrated clock, an LED and an audible beep also remind the patient to take their medication at the right time.

ELISA Kit Box - the compact and flexible packaging for test reagents
The ELISA KIT BOX presented in the Innovation Gallery for the in-vitro diagnosis of autoimmune diseases is a foldable box with pre-glued inserts and uniform packing dimensions. The ELISA permits fast and flexible packaging of different kit components for Enzyme Linked Immunosorbent Assay (ELISA) testing. The box’s intelligent, compact design optimally utilizes the entire packaging area and enables the liquid kit components to be stored in space-saving manner in the refrigerator. The multifunctional
cardboard packaging simplifies manual assembly from above and is ideal for very small series.
(August Faller GmbH & Co. KG)

Newsgrafik #119121

Full production capacity of the new folio line at Mondi's Neusiedler mill  (Company news)

Following the installation, handover and optimisation phases that took place during the second half of 2017, the new folio line at Mondi’s Neusiedler mill in Austria has already been running at full capacity since the beginning of 2018.

This completes the latest step of a multi-year project that is turning Mondi Neusiedler into a specialized manufacturer of premium paper for professional printing.

With the new folio line, Mondi can already meet the demands of customers in the area of the growing digital and graphical print market in a more flexible and targeted way. The folio sheeter enables the mill to provide formats ranging from 32x32 cm to 140x160 cm and grammages from 50 to 400 g/m². Digital formats can now be offered in 3 options: reams in a box, bulk packed and reams on pallet. Additionally it offers more variety, especially with its long cutting length enabling banner formats.

The installation of this folio line effectively completes Mondi’s paper portfolio around its key brands Color Copy, the perfect paper for digital colour printing and PERGRAPHICA®, the premium design paper range that covers the needs of the creative and commercial print industries.
(Mondi Neusiedler GmbH)

Newsgrafik #119123

Moisture control eliminates warp at Stora Enso Jönköping  (Company news)

Due to ever faster packaging lines and a need for increased efficiency, the corrugated board users put higher demands on corrugated board packaging. At the same time the manufacturers of corrugated board strive to increase their own production efficiency, both in the corrugator and in the subsequent printing and converting. A development project between Stora Enso Packaging in Jönköping Sweden and Valmet has proven that a key to higher efficiency is to eliminate warp problems by controlling the liner reels’ moisture profile in the corrugator.

Photo: Valmet IQ One-Sided Scanner measures the surface moisture across the corrugated board web.

Stora Enso Packaging’s corrugating plant in Jönköping celebrated its 100 years’ anniversary in 2015, hence the oldest corrugating plant in Sweden, and one of Stora Enso Packaging’s three Swedish plants.

Corrugated board for demanding customers
”The corrugated board we produce is often aimed at packaging requiring high quality printing which needs flat sheets and minimal impact on the outer liner to avoid washboard that effect on the print quality”, says Ola Lindberg, Process engineer at Stora Enso Packaging in Jönköping. “Our focus is on corrugated board packaging where high print quality is requested and our customers are therefore in practically all businesses. The corrugator is width of 250 cm equipped with flying splice in all unwind stands. The machine speed is 300 m/min. Our latest investment is a die-cut and flexo press for high quality printing”.

“The demands on a stable and consistent process and totally flat sheets of corrugated board coming out of the corrugator increases. Warp causes rejections or problems in the subsequent printing presses or converting machines. Traditionally we have tried to combat the problem by measuring the liner reels’ temperature profile and adjust the temperature of the preheater drum accordingly, not always giving a result which is good enough”.

A successful development cooperation
“In 2013 Valmet asked us if we were interested in participating in a common project. The aim was to develop a system measuring and controlling the liner reels’ moisture profile in the corrugator and in that way eliminate the warp problem. We were of course interested. The technology exists since many years for paper machines and Valmet saw the opportunity to adapt it to corrugators, which are wide machines as well”.

“We produce corrugated board packaging with all kinds of combinations of liner and fluting qualities, such as bleached and unbleached kraftliner, white top liner, testliner, coated liner and semi-chemical fluting. The general trend regarding order sizes is that they are getting smaller and we are facing more frequent quality changes and smaller order sizes. Frequent changes of liner and fluting qualities are potential disturbances resulting in rejected corrugated material until reaching a consistent quality level. We therefore saw a potential to attain the approved quality faster after each grade change by online measuring and controlling the moisture profile of liner reels”.

An immediate success
“The first step of the development project was the installation in 2014 of a manual equipment to control the moisture profile. By optically checking the existence of warp and by spraying moist in positions where the moisture level deviated from the target value, i.e. was drier than normal, warp problems were immediately eliminated. It was a great and quick success and a clear answer to how warp problems should be solved. The following year a Valmet IQ Scanner, measuring the surface moisture of the corrugated board, was installed and in doing so the possibility to achieve a moisture closed loop control was in place”.
Today the corrugator is equipped with two IQ Scanners, one measuring the surface moisture on the backside of the corrugated board web and the other measuring the surface moisture of the top side. Two IQ Moisturizer spraybooms are installed, one correcting moisture variations of the liner side of the single face board and the other doing the same for the bottom liner before the double backer. The measurement results from the scanners control the need and positions for moistening to prevent warp problems.

Internal warp claims almost disappeared
“The result of being able to even out deviations of the liner reels’ moisture profile was really great”, says Ola Lindberg. “In 2013 before we started the project we had too many internal claims due to uneven moisture profiles. By internal claims we mean problems where too much warp has either made the sheets out of tolerance. Last year we had only a few internal claims due to a warp problem – a definite proof of the success of our new way of working!”
“Today’s corrugators are wide and there can only be three or four liner or fluting reels cut from the paper machine width. It means that two reels out of each three or four are edge reels and one edge of these reels is often drier than the rest of the reel. By using moisture control we can now compensate drier parts resulting in flat sheets. Another effect of the Valmet system is that if machine rolls are not exactly in parallel with each other, it can be spotted from the scanning of moisture profiles and corrected sooner”.

Even moisture profiles give high efficiency
“Our cooperation with Valmet has been very useful as we now have a system capable of automatically detecting and correcting moisture profiles to achieve flat sheets of corrugated board. Paper is a living material and is as such influenced by moisture changes so that it shrinks when being dried and swells when picking up moisture. By optimising the level of moisture to achieve an optimal gluing result and levelling out the moisture profile of the liner reels used in the corrugator, the corrugated board sheets are flat irrespective of the liner or fluting qualities used”, Ola Lindberg finishes.
(Valmet Corporation)

Newsgrafik #119137

Valmet to supply online measurements, consistency transmitters and analyzers to ...  (Company news)

... BillerudKorsnäs's new board machine in Gruvön, Sweden

Valmet will supply 36 online measurements, consistency transmitters and analyzers to BillerudKorsnäs's new board machine in Gruvön, Sweden. With advanced and best-available measurement and analyzer technology, the mill will be able to achieve the very high board quality goals set for the machine.

Photo: Valmet MAP - Valmet Pulp Analyzer

The order was included in Valmet's fourth quarter of 2017 orders received. The value of the order will not be disclosed. The delivery is scheduled for March 2018.

"Valmet was able to offer a complete package, including all the needed measurements, consistency transmitters and analyzers. Our long tradition of innovative measurement solutions and professional project management were in our favor," says Aki Korhonen, Director of Analyzers, Measurements and Performance Solutions, Valmet.

The board machine will have an annual capacity of 550,000 tons of board. It will produce liquid packaging board, carton board, food service board and liner. Production is expected to start up in the first quarter of 2019.

Information about Valmet's delivery
Valmet's delivery includes one Valmet Pulp Analyzer (Valmet MAP), 24 Valmet Microwave Consistency Transmitters (Valmet MCA), seven Valmet Rotating Consistency Transmitters (Valmet Rotary), three Valmet Retention Measurements (Valmet RM3) and one Valmet Wet End Analyzer (Valmet WEM).
(Valmet Corporation)

Newsgrafik #119177

BARRICOTE® Barrier Papers: Successful Hygiene Certification at Mitsubishi HiTec Paper  (Company news)

BARRICOTE® stands for a range of particularly environmentally friendly and at the same time very effective barrier papers for food packaging from Mitsubishi HiTec Paper. In order to meet the stringent requirements for food safety, the mills in Bielefeld and Flensburg have now been successfully certified as hygienic in accordance with INREKA and DIN EN 15593.

Photo: BARRICOTE® WRAP WG – the ideal wrapping paper for dry and greasy foods

Following successful completion of the field tests for BARRICOTE® barrier papers by the Bielefeld-based speciality paper manufacturer Mitsubishi HiTec Paper, hygiene management systems were introduced as part of an integrated management system (DIN EN ISO 9001, 14001, 50001) at the Bielefeld and Flensburg mills. These have now been certified in accordance with the INREKA certification standard including DIN EN 15593. This confirms the effective implementation of the stringent hygiene requirements placed on the production of food packaging papers.

As part of this certification, compliance with other laws and standards was confirmed at the same time:
-Regulation on food hygiene (8.8.2007)
-EC regulation 852/2004 on food hygiene (29.4.2004)
-EC regulation 2023/2006 on good manufacturing practice (22.12.2006)
-The Royal Society of Health “Food Packaging Hygiene Accreditation Scheme – Code of Good Practice” (February 1995)
-BRC / IoP Standard "Technical Standard and Protocol for Companies Manufacturing and Supplying Food Packaging Materials for Retailer Branded Products for Category A" (September 2004)

BARRICOTE® barrier papers for food packaging are pure paper products made from virgin fibres with water-based coatings for combinable barriers against migration of mineral oils, water and water vapour, grease and oil, as well as aroma. Free from plastic (PE / PP), aluminium, foils or fluorocarbons, the FSC® Mix and PEFC™ certified BARRICOTE® papers are recyclable, compostable and highly sustainable. This not only protects the food, but also the environment and consumers.

As a responsible manufacturer, Mitsubishi HiTec Paper pays special attention to environmentally conscious and high-quality production of specialty papers. In addition, Mitsubishi assumes social responsibility and is involved in various environmental associations and organizations such as B.A.U.M., ChePap Rhein-Ruhr, Klimapakt Flensburg, Ökoprofit® Klub OWL and Wirtschaft pro Klima.
(Mitsubishi HiTec Paper Europe GmbH)

Newsgrafik #119104

The Ellen MacArthur Foundation awards VTT for a bio-based packaging solution that reduces ...  (Company news)

...the use of plastics

The Ellen MacArthur Foundation awarded VTT Technical Research Centre of Finland for a packaging solution made of cellulose in Davos on 23 January 2018. VTT is one of the five prize winners, between whom the foundation splits a one-million-dollar prize in equal shares. The new material can extend the shelf life of food, while also reducing food waste and the worldwide microplastics problem.

As material, cellulose is safe, renewable, recyclable and compostable. VTT developed a compostable and lightweight packaging material by combining cellulose films with different, but complementary properties.

The plastic-like packaging material is suitable for dry and greasy products, such as nuts, cereals, coffee, condiments and raisins. The greatest benefits can be reached when the material is used for packaging products with a long shelf life.

In terms of properties, the material is highly competitive or in many cases even better than the currently available biodegradable bioplastics. With minor modifications, it can be produced with existing production machinery.

Optimisation of cellulose layers produces excellent packaging properties
The packaging can be produced by combining cellulose films with different properties. The flexible and transparent lightweight material protects the product from atmospheric gases and humidity. It also forms a barrier against the grease or mineral oil in the product. The package can be sealed by heating.

"By optimising the layer structure, we can improve the technical properties and reduce the amount of materials used. If the package was manufactured of one cellulose-based material only that would meet all the requirements for a good packaging material, the package would be very thick and heavy," says Ali Harlin, Research Professor at VTT. He estimates that the packaging material can be commercialised within three to five years.

In commercialisation phase, the amount of packaging being produced will affect the price of the material. The use of material must be economically feasible with a view to the whole product.

The five winners continue to compete over an additional one-million-dollar prize
On 15 August 2017, the Ellen MacArthur Foundation announced a prize aimed at seeking new materials to solve the global microplastics problem. The matter is urgent: it has been estimated that every year more than 8 million tonnes of plastic waste ends up in oceans. The million-dollar prize is awarded in Davos on 23 January 2018 and shared equally between the following operators and teams: VTT, the University of Pittsburgh, Aronax Technologies, Fraunhofer Institute for Silicate Research, as well as the Full Cycle Bioplastics, Elk Packaging and Associated Labels and Packaging team.

All winners are part of a 12-month New Plastic Economy Accelerator Programme, where they are provided expert support to make their innovations marketable. When one year has passed, the Foundation will award an additional million-dollar prize to the best contestant.

"In a New Plastics Economy, plastics will never become waste or enter the ocean in the first place. To get there will require new levels of commitment and collaboration from industry, governments, designers and startups. I hope these innovations will inspire even more progress, helping to build a system in which all plastic materials are reused, recycled or safely composted," says Dame Ellen MacArthur in a press release on 23 January 2018.

The Ellen MacArthur Foundation is a British foundation founded in 2010 by Dame Ellen MacArthur, who became famous as sailing competitor. The purpose of the foundation is to accelerate the transition to a circular economy.
(VTT Technical Research Centre of Finland)

Newsgrafik #119106

BillerudKorsnäs has hired a new head of Investor Relations  (Company news)

BillerudKorsnäs has hired Christopher Casselblad as new head of Investor Relations.

Christopher Casselblad has previous experience from Investor Relations, Banking and Controlling at Folksam and Nordea. Christopher started January 8, 2018, and can be contacted by email at and telephone: +46 8 553 335 08.
(BillerudKorsnäs AB (publ))

Newsgrafik #119107

High Performance Vacuum Metallizing from the BOBST K5 VISION  (Company news)

The new BOBST K5 VISION is a compact vacuum metallizer ideal for flexible packaging converters and CPP/PE film producers.

Total Flexibility
The new K5 VISION is compact and designed to handle a wide variety of different film types including heat sensitive films and thin gauge substrates. It can run at speeds up to 840m/min, is available in widths from 1250mm to 2450mm and can house roll diameters of up to 1000mm.

Innovative New Features
BOBSTis continually innovating and the K5 VISION is no exception, the machine incorporates a Ø600mm coating drum providing the largest coating window in the industry that increases aluminium collection efficiency by up to 16% resulting in less consumables, an extended boat life and a 10-15% energy reduction. It also provides better film cooling due to the increased surface area of the drum; additional cooling is also given by the 2-zone gas wedge which provides better conduction of heat between the substrate and the drum which is important for heat sensitive films such as CPP and LDPE.

High Productivity
The powerful, robust evaporation source with a staggered ceramic boat arrangement provides excellent coating uniformity. It also incorporates easy access to clean the boats and aluminium spools mounted on a removable trolley for easy changing; the full width viewing windows give an improved view of the source and the metallization process.

The K5 VISION pumping group is robust and has a compact design with shorter pipe lengths giving the lowest footprint in the industry; it comprises of dry rotary screw pumps with a consistently high vacuum performance, booster pumps that operate at double the normal speed for maximum efficiency and floor mounted diffusion pumps located underneath the evaporation zone eliminating the risk for backstreaming of oil on to the film.

Energy Reduction
The K5 VISION incorporates the BOBST ECO Mode which reduces energy consumption by up to 50% during stand-by, only delivering energy and cooling water when needed, this results in a reduced carbon footprint and significant savings in production costs.

Perfect Winding
The renowned BOBST winding mechanism incorporates a 6 drive system giving 3 independent tension control zones. It provides low tension winding with adjustable bowed rollers to produce a virtually wrinkle-free metallization process and an optional pre-drum vari bow for better handling of thinner substrates.

The K5 VISION can handle a wide range of substrates including thin gauge films and enables quick changeover of different film types making it the ideal machine for converters. It is also able to handle heat sensitive films such as CPP and PE which makes it perfect for film producers of these thermally sensitive materials.

BOBST AluBond®
The BOBST AluBond® process provides high metal adhesion with values up to 5N/15mm and improves dyne level retention through vacuum metallization, eliminating the need for chemically treated films. BOBST AluBond® is an advanced hybrid metal coating technology which achieves higher barrier properties on BOPP and CPP films than conventional metallizing processes.
(Bobst Manchester Ltd)

Newsgrafik #119110

Metering accuracy of Qdos pumps contributes to product excellence at historic papermill  (Company news)

St Cuthberts Mill, a master papermaker with a heritage that can be traced back to the 1700s, has switched to Qdos pump technology for metering substances such as pigment and starch.

Since installation, the Qdos pumps have run with complete reliability, boosted precision considerably and saved thousands of pounds due to precise shade and chemical addition control and a reduction in downtime, associated with a previously deployed pump.

Based near Wells in Somerset, St Cuthberts Mill specialises in the manufacture of high-quality artists’ papers. The company makes approximately 80 tons of paper every month using a continental shift pattern across 24/7 operations. The secret of the company’s success lies in the performance of its papers, which can be used for watercolour, printmaking or inkjet use.

“Reliability is the key to our output,” states the company’s Shift Manager Paul Tremlett. As a result, we need pumps that perform reliably, day-in, day-out.”

Until recently, St Cuthberts used a series of older peristaltic pumps, some of which were installed 20 years ago. “We wanted to move into the 21st century, and knew that the Qdos pumps could offer us a number of key advantages,” says Mr Tremlett. “For instance, the pumps can be linked to the machine’s control system, so we can change speed accordingly.

Application challenge
The company currently has two Qdos 120 pumps and two Qdos 30 models for metering of pigments and starch, with two more QDos 30 pumps on order. What’s more, all papers produced by St Cuthberts are internally sized to increase strength. This process involves the addition of a special chemical – also pumped using Qdos technology – to make the sheet stronger and eliminate any possibility of blotting effects

Qdos pumps are self-priming and reversible, so fluids can be returned to source at the end of a shift. Their design inherently reduces maintenance as operators can quickly and safely replace one component, the ReNu pumphead, without the need for tools or special skills. Cleaning times are also minimised – thus delivering further efficiencies to the St Cuthbert’s team. Crucially, from a health and safety perspective integral leak detection reduces wastage and eliminates mill operator exposure to chemicals.

“The machine crew here loves the Qdos pumps as they are so reliable; we’ve not had a single glitch even when handling the abrasive starch. The pumps offer high accuracy metering, which helps maximise trust in the product,” states Paul Tremlett.

Flow rates from 0.1 to 2000ml/min at up to 7 bar can be achieved using Qdos pumps. Importantly, simple drop-in installation eliminates the need for ancillary equipment which often brings with it further maintenance challenges and costs.
(Watson-Marlow Fluid Technology Group)

Newsgrafik #119112

FPInnovations and Resolute Forest Products Announce Investment in Pilot Project in Ontario to ...  (Company news)

...Produce Bio-Chemicals Derived from Wood

FPInnovations and Resolute Forest Products (NYSE: RFP) (TSX: RFP) announced a significant investment in the implementation of a TMP-Bio pilot project in Thunder Bay, Ontario. The pilot project will focus on developing new ways to efficiently produce and commercialize innovative bio-chemicals derived from wood, contributing to the development of a bio-economy in Northern Ontario, as well as elsewhere in Canada.

Photo: FP Innovations CEO Stephane Renou talks about the bio-chemical pilot project that will take place at the Resolute Forest Products plant. He is flanked by Ontario Minister of Research, Innovation and Science Reza Moridi, left, and federal Minister of Employment, Workforce Development and Labour Patty Hajdu.

The $21 million project is part of an initiative to renew and transform the forest products industry, building on investments made in 2012 by Resolute, the Ontario Centre for Research and Innovation in the Bio-Economy (CRIBE), and Natural Resources Canada. This investment covers cost of capital and R&D and has the support of the Northern Ontario Heritage Fund Corporation (NOHFC), CRIBE, FedNor, the City of Thunder Bay CEDC and Natural Resources Canada.

Resolute is contributing $3.5 million and hosting the pilot project at its Thunder Bay pulp and paper mill. TMP-Bio is a patented technology developed by FPInnovations with financial support from Natural Resources Canada's Transformative Technologies Program.

This project comes at a very opportune time as market interest for sustainably sourced green bio-chemicals and bio-fuels continues to build. The development and availability in significant quantities of bio-sourced chemicals, such as the cellulosic sugars and high-quality H-lignin produced by the TMP-Bio process, is a key step in growing new market value for the forest products sector by connecting it to the bio-chemical supply chain.

"Northern Ontario has a wealth of innovative thinkers and leading researchers and this project helps to demonstrate how their ingenuity is creating business opportunities and growing the local economy. By investing to capitalize on our inherent strengths, we are helping to strengthen the local economy and create meaningful middle-class employment here in Thunder Bay and across the region." The Honourable Patty Hajdu, Minister of Employment, Workforce Development and Labour, and Member of Parliament for Thunder Bay—Superior North.

"The Government of Canada is proud to invest in strategic initiatives that promote public/private-sector partnerships in support of innovation and economic growth. Today's announcement will help establish a fully functioning bio-refinery plant that will speed up the development, production and commercialization of green bio-chemicals derived from wood, helping companies diversifies and create jobs." The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedNor.

"Our Government values innovation and is committed to building collaborative working relationships to help support the forest sector. FPInnovations has shown leadership in transforming the industry, promoting a culture of collaboration, and demonstrating results by developing bio-products with a low carbon footprint." The Honourable Jim Carr, Minister of Natural Resources.

"This investment into the TMP-Bio pilot plant in Thunder Bay is a significant step towards developing a strong and innovative bio-economy in Northern Ontario and all of Canada. The project has the potential to completely transform the forest products industry of our region, and I look forward to seeing the positive impacts it will have." Don Rusnak, Member of Parliament for Thunder Bay—Rainy River.

"The world is looking for bioproducts made from sustainably-managed, non-food sources. Ontario is one of the largest biotech clusters in North America. By applying innovative solutions like the TMP-Bio Project, the forestry sector is creating new opportunities in an increasingly competitive global marketplace." Reza Moridi, Ontario Minister of Research, Innovation and Science.

"On behalf of Thunder Bay City Council and the citizens of Thunder Bay, a huge thank you to everyone who has worked tirelessly in support of making this project a reality. This innovative technology will certainly help renew and transform the forest products industry and build on other significant investments. I am very pleased that the City can count itself among the supporters of this project." Mayor Keith Hobbs.

"Today's announcement is good news for the environment and presents an economic opportunity for Thunder Bay and Northwestern Ontario. Our ability to continue to transform Canada's forest products sector by making new products that displace fossil fuel-intensive ones is not only going to help us fight climate change, but is also key to the future success of our mill communities." Derek Nighbor, CEO, Forest Products Association of Canada (FPAC).

"This project highlights the importance of investing in de-risking new technologies and products, and points the way for developing and delivering a transformative technology that contributes to the Canadian bio-economy. This major initiative strengthens the industry's position as a leader in the bio-refinery sector." Stéphane Renou, President and Chief Executive Officer, FPInnovations.

"We are pleased to continue our strategic partnership with FPInnovations by providing both a host facility and financial support to this innovative venture. This project will help create opportunities to diversify the use of wood fibre into higher-value-added products." Richard Garneau, President and Chief Executive Officer, Resolute Forest Products.

Newsgrafik #119134

Orient Paper, Inc. Announces Temporary Suspension of Production Due to Mandated Restriction...  (Company news)

... on Natural Gas Supply

Orient Paper, Inc. (NYSE MKT: ONP) ("Orient Paper" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, announced that it will temporarily suspend all of its production lines due to mandated restriction/suspension of natural gas supply (the "Restriction") for all natural gas consumption industries, including the paper manufacturing industry in order to secure adequate natural gas to households uses in urban and rural areas in Hebei Province.

The Restriction is in accordance with the second highest alert over supply shock of natural gas (the "Orange Alert") which has been in place since November 27, 2017. Multiple cities in the province including Baoding and Xingtai where the Company's facilities located have successively issued notices about the restriction of natural gas supply to their industrial users. The suspension is expected to last into February, 2018, when the Company expects the Restriction to be eased. The Company is going to implement equipment maintenance during the temporary suspension of production. The temporary suspension of production will impact the Company's current corrugating medium paper, offset printing paper and tissue paper operations.
(ONP Orient Paper Inc.)

Newsgrafik #119144

Papierfabrik Scheufelen initiates insolvency proceedings  (Company news)

Papierfabrik Scheufelen GmbH + Co. KG initiated insolvency proceedings on January, 30th 2018 at the local court of Esslingen

Within six days of start of insolvency proceedings by traditional German paper mill Feldmühle Uetersen, Papierfabrik Scheufelen GmbH + Co. KG, Lenningen, also initiated insolvency proceedings on January, 30th 2018 at the local court of Esslingen.

Scheufelen is a producer of coated wood free papers for premium and commodity graphical applications, a market facing dramatic overcapacities and margin pressures. In 2016 the company launched under the brand phoenolux a high white SBS board for premium and luxury packaging applications, successfully gaining market share in the fast growing and demanding packaging industry. With the recent market introduction of grasspaper, the most environmental and cost friendly fresh fiber paper product available, Scheufelen laid promising ground for a sustainable future. The development and market launch of grasspaper was accompanied by Packaging Campus Lenningen GmbH in cooperation with Stuttgart-based Hochschule für Medien.

In 2017 the company generated revenues of EUR 83m with 340 employees and had an output of 104.000 tons of paper.

Scheufelen had been acquired by a consortium of private owners in May 2016, after massive losses in the preceding years. Since the acquisition the situation of the company improved significantly as a result of numerous restructuring measures as well as the strategic reorientation to the packaging sector. Losses and negative cash-flows were reduced substantially. However, massive price increases for pulp as well as chemicals in 2017 made it impossible to achieve the turn around. The promising high margin packaging product lines phoenolux and grasspaper together with the stable market share and leadership position in coated fine paper products, in particular heaven 42, were not yet able to sufficiently compensate the current cost situation under the existing product mix.

Given the close and continuing cooperation with its long standing partner IGEPA group for sales of its coated, high-white premium paper heaven 42 and the SBS board phoenolux, as well as the massive market and investor interest in grass paper (which will relieve the company from the dependency on pulp markets and prices) management is confident that the Scheufelen future can be secured.

Production and sales continue, in addition payroll expenses are guaranteed through March 2018 by the German federal employment agency. Operations of Packaging Campus Lenningen GmbH are not impacted by these proceedings.

Scheufelen Grasspaper distinguishes itself through its reliance on 40 % sun dried, non chemically treated, perennial grass fibre with a growth cycle of less than two months. Grasspaper and grasspellets have been awarded various international and national development awards in 2017 and are again nominees for the innovation award for sustainable packaging at the Fruit Logistica fair in Berlin (7th-9th of February 2018) as well as at the Green Tec Awards in May 2018.
(Papierfabrik Scheufelen GmbH + Co. KG)

Newsgrafik #119124

WestRock Signs Definitive Agreement to Acquire KapStone for $35 per Share  (Company news)

- Transaction enhances position as a leading provider of innovative and winning solutions to customers in attractive corrugated packaging market -
- Highly accretive acquisition with significant synergy potential -

WestRock Company (NYSE:WRK) (“WestRock”) and KapStone Paper and Packaging Corporation (NYSE:KS) (“KapStone”) announced the signing of a definitive agreement, pursuant to which WestRock will acquire all of the outstanding shares of KapStone for $35.00 per share and will assume approximately $1.36 billion in net debt, for a total enterprise value of approximately $4.9 billion.

Photo: Steve Voorhees, chief executive officer of WestRock

Based on KapStone’s annualized EBITDA performance in the second half of its fiscal 2017, WestRock estimates the EV/EBITDA multiples to be under 10 times before and 7 times after the full run rate of expected cost synergies and performance improvements. Upon closing, the acquisition is expected to be immediately accretive to WestRock’s adjusted earnings and cash flow, inclusive of purchase accounting adjustments.

KapStone stockholders will have the option to receive $35.00 per share in cash, or to elect to receive 0.4981 WestRock shares per KapStone share, with elections of stock consideration capped at 25% of the outstanding KapStone shares but no limit on the number of KapStone shares that can receive cash consideration. KapStone’s chairman, Roger Stone, and president and chief executive officer, Matt Kaplan, have entered into voting agreements, pursuant to which they have agreed to vote their shares in support of the transaction, subject to certain limitations.

WestRock will finance the cash consideration through the issuance of new debt under a fully committed financing package. WestRock expects to refinance existing KapStone debt assumed as part of the transaction upon closing. WestRock’s expected leverage ratio at the closing of the transaction will be greater than 3.00x, and WestRock expects to return to its stated leverage ratio target of 2.25x to 2.50x by the end of fiscal 2019. The transaction is not conditional on financing.

Founded in 2005 and headquartered in Northbrook, Illinois, KapStone is a leading North American producer and distributor of containerboard, corrugated products and specialty papers, including liner and medium containerboard, kraft papers and saturating kraft. KapStone also owns Victory Packaging, a packaging solutions distribution company with facilities in the United States, Canada and Mexico. KapStone announces preliminary, unaudited adjusted EBITDA of $130 to $135 million for its fourth quarter 2017.

“KapStone is a great fit with WestRock. Their complementary corrugated packaging and distribution operations will enhance WestRock’s ability to serve customers across our system, particularly in the western United States, and the addition of their specialty kraft paper products that we do not make enhances our differentiated portfolio of paper and packaging solutions,” said Steve Voorhees, chief executive officer of WestRock. “Importantly, KapStone and WestRock share the same dedication to serving customers. We look forward to welcoming the KapStone team members to WestRock and working with them to help make WestRock an even better company.”

“The agreement to combine with WestRock is a testament to the tremendous company we have built and the hard work and accomplishments of the KapStone team,” said Kaplan. “The transaction enables us to deliver an immediate and compelling cash premium to our shareholders. As we began to understand WestRock’s principles, we realized how closely aligned our cultures are. As a result, we believe strongly that this will be beneficial to both our employees and customers.”

Strategic Benefits
The transaction significantly enhances WestRock’s scale and scope in the market and accelerates WestRock’s ability to achieve its strategic goals and enhance its value proposition as the premier partner and provider of innovative, winning solutions to its customers:
-Creates opportunity for approximately $200 million in cost synergies and performance improvements. The transaction is expected to generate annual run-rate cost synergies and performance improvements of approximately $200 million by the end of fiscal 2021 that WestRock expects will be captured through the integration of the KapStone operations into WestRock’s corrugated packaging system. The categories of benefits include process and capital improvements at mill and box plant locations, converting and network optimization, procurement and administrative efficiencies. The acquisition will enable WestRock to supply additional corrugated packaging to Victory Packaging. The acquisition will accelerate WestRock’s plans to improve margins in its North American corrugated packaging business.

-Strengthens WestRock’s presence on the West Coast. The addition of KapStone’s West Coast facilities improves WestRock’s ability to serve customers in this important area and reduce costs across its supply chain. In addition, this expansion opens new opportunities for WestRock to sell the full suite of its product portfolio to KapStone’s current customers in this region.

-Broadens WestRock’s differentiated paper and packaging solutions portfolio with the addition of attractive paper grades and distribution capabilities. The addition of KapStone’s complementary specialty kraft paper offerings that WestRock does not offer today enables WestRock to provide a broader product portfolio to existing customers, as well as provides new opportunities to sell WestRock’s enterprise-wide offerings to KapStone’s customers.

-Increases mix of virgin fiber based paper in WestRock’s paper portfolio. KapStone’s 3 million tons of paper is made using 78% virgin fiber and 22% recovered fiber. This increases WestRock’s overall mix of virgin fiber from 65% to 67%.

The transaction is subject to a number of customary closing conditions, including a vote by KapStone’s stockholders, and is expected to close during the quarter ending September 30, 2018. Upon completion of the transaction, KapStone will be integrated into WestRock’s Corrugated Packaging segment.

Lazard served as lead investment bank and financial advisor to WestRock in the transaction and provided its board of directors with a fairness opinion. Wells Fargo provided the committed financing for the transaction and also acted as WestRock’s financial advisor. Cravath, Swaine & Moore LLP acted as legal advisor to WestRock.

Rothschild & Co. and Moelis & Company LLC served as financial advisors to KapStone in the transaction. Sidley Austin acted as legal advisor to KapStone.
(WestRock Company)

Newsgrafik #119077

Glunz & Jensen consolidates production and R&D at their new Danish headquarters  (Company news)

In the past year Glunz & Jensen has been restructuring their business to transform the company into a more profitable, efficient and more cohesive business. A part of the plan has been to merge departments across Denmark and move their activities and headquarters to Nyborg, the eastern part of Funen.

Photo: Glunz & Jensen new Headquarters

The next step of the plan is to strengthen their Flexographic business area. It has been decided to consolidate the company´s production and R&D activities from Rosate (Italy) and Ringe (Denmark) - at the new headquarters in Nyborg, Denmark. These two sites will be consolidated into the 5,850 m2 production and warehouse facility in Nyborg creating a Flexographic centre of excellence.

René Normann Christensen:“We are equipping ourselves for the future, so we can continue to deliver superior products and services to all our valuable customers. We are convinced that with our new setup in Nyborg, and joining international functions like production and R&D into the same location, we will be able to deliver innovative products at a faster and more efficiently pace.”

The company will successively move into the new locations on Lindholm Havnevej 33 in Nyborg in the first 6 months of 2018. The 5,800m2 buildings are situated directly at the beautiful harbor front and combines offices, production and warehouse facilities.
(Glunz & Jensen A/S)

Newsgrafik #119094

Eeva Sipilä appointed Metso's interim President and CEO as of February 3, 2018  (Company news)

Metso's Board of Directors have appointed CFO Eeva Sipilä (photo) as Metso's interim President and CEO as of February 3, 2018.

The current President and CEO Nico Delvaux will leave his duties on February 2. His resignation was published on December 18, 2017.

The search for a new President and CEO is under way.
(Metso Corporation)

Newsgrafik #119095

Kimberly-Clark Announces Year-End 2017 Results, 2018 Outlook, New Global Restructuring And ...  (Company news)

...Multi-Year Cost Savings Target

Kimberly-Clark Corporation (NYSE: KMB) reported year-end 2017 results and provided its 2018 outlook. The company also announced a new global restructuring initiative and established a multi-year savings target for its ongoing cost savings program.

Executive Summary
-Fourth quarter 2017 net sales of $4.6 billion increased 1 percent compared to the year-ago period and full-year 2017 net sales of $18.3 billion rose slightly.
-Diluted net income per share for the fourth quarter was $1.75 in 2017 and $1.40 in 2016. Full-year diluted net income per share was $6.40 in 2017 and $5.99 in 2016.
-Fourth quarter adjusted earnings per share were $1.57 in 2017 and $1.45 in 2016. Adjusted earnings per share exclude certain items described later in this news release.
-Full-year adjusted earnings per share were $6.23 in 2017, up 3 percent compared to $6.03 in 2016. The company's previous guidance was for earnings at the low end of the $6.20 to $6.35 range.
-The company has established a cost savings target of more than $1.5 billion over the 2018 to 2021 time period from its ongoing FORCE (Focused On Reducing Costs Everywhere) program.
-In addition, the company announced a new 2018 Global Restructuring Program to reduce the company's structural cost base by streamlining and simplifying its manufacturing supply chain and overhead organization. The restructuring is expected to generate annual cost savings of $500 to $550 million by the end of 2021 and accelerate the company's return to delivering its long-term growth objectives over time.
-Net sales in 2018 are expected to increase 1 to 2 percent. Diluted net income per share for 2018 is anticipated to be $3.90 to $4.50, including charges related to the restructuring. Adjusted earnings per share in 2018 are expected to be $6.90 to $7.20, a year-on-year increase of approximately 11 to 16 percent.
-The company's Board of Directors has approved a 3.1 percent increase in the quarterly dividend for 2018, which is the 46th consecutive annual increase in the dividend.

Chairman and Chief Executive Officer Thomas J. Falk (photo) said, "In 2017, we delivered bottom-line growth in a challenging environment. We also achieved all-time record FORCE cost savings of $450 million and reduced discretionary spending to help offset inflationary cost headwinds. In addition, we returned $2.3 billion to shareholders through dividends and share repurchases."

Falk continued, "Although we expect market conditions will remain challenging in the near-term, we plan to deliver better results in 2018 while we begin to implement our new restructuring. We expect organic sales to return to growth while improving our margins and delivering double-digit growth in adjusted earnings per share. In addition, we will increase investments in our brands, our growth initiatives and the capabilities we need for long-term success. We will also continue to allocate capital in shareholder-friendly ways."

Falk concluded, "We believe that, over time, our 2018 Global Restructuring Program will accelerate our return to delivering on our long-term growth objectives. This is the biggest restructuring we have undertaken since the introduction of our Global Business Plan in 2003, and it will make our company leaner, stronger and faster. The changes we are making will improve our underlying profitability, provide more flexibility to invest in growth opportunities and help us compete even more effectively. At the same time, we are expecting our ongoing FORCE program to continue to deliver significant results and are making that clear by establishing a multi-year commitment for this program. Combined, our restructuring and FORCE programs will generate more than $2 billion of total cost savings over the next four years, giving us substantial funds to drive profitable growth. Today's announcement is the latest example of Kimberly-Clark's proactive and strategic approach to improving our business so we can win in the marketplace and create long-term shareholder value."

Fourth Quarter 2017 Operating Results
Sales of $4.6 billion in the fourth quarter of 2017 were up 1 percent compared to the year-ago period. Changes in foreign currency exchange rates benefited sales by more than 1 percent. Organic sales fell about 1 percent, as lower net selling prices of 2 percent were partially offset by improved product mix of 1 percent and slightly higher volumes. In North America, organic sales were down 3 percent in consumer products and up 1 percent in K-C Professional. Outside North America, organic sales increased 4 percent in developing and emerging markets but fell 3 percent in developed markets.

Fourth quarter operating profit was $812 million in 2017 and $839 million in 2016. Fourth quarter adjusted operating profit was $836 million in 2017 and $859 million in 2016. The year-over-year comparison was impacted by lower net selling prices and $130 million of higher input costs, driven by increases in pulp and other raw materials. Results benefited from favorable volumes and product mix, $95 million of cost savings from the company's FORCE program and reduced marketing, research and general spending.

The fourth quarter effective tax rate was 19.2 percent in 2017 and 35.7 percent in 2016. The rate in 2017 included a net benefit as a result of U.S. tax reform and related activities. The fourth quarter adjusted effective tax rate was 29.7 percent in 2017 and 35.4 percent in 2016.

Kimberly-Clark's share of net income of equity companies in the fourth quarter was $25 million in 2017 and $29 million in 2016. At Kimberly-Clark de Mexico, results were impacted by higher input costs, partially offset by benefits from sales growth and cost savings.

Cash Flow and Balance Sheet
Cash provided by operations in the fourth quarter was $863 million in 2017 and $871 million in 2016. Full-year cash provided by operations was $2,929 million in 2017 compared to $3,232 million in 2016. The decline was in line with expectations and driven by higher tax payments. Capital spending for the fourth quarter was $190 million in 2017 and $189 million in 2016. Full-year spending was $785 million in 2017 and $771 million in 2016.

Fourth quarter 2017 share repurchases were 0.9 million shares at a cost of $100 million, bringing full-year repurchases to 7.2 million shares at a cost of $900 million. Total debt was $7.4 billion at the end of 2017 and $7.6 billion at the end of 2016.

FORCE Cost Savings Target
The company has established a four-year cost savings target of more than $1.5 billion from its ongoing FORCE program over the 2018 to 2021 time period. The savings will further enhance the company's ability to invest in growth opportunities, offset headwinds and improve gross margin. The savings will be achieved through a continued focus on improving productivity at manufacturing facilities, optimizing raw material and product design costs, generating benefits from procurement activities and improving distribution efficiencies.

2018 Global Restructuring Program - Overview
The 2018 Global Restructuring Program is expected to reduce Kimberly-Clark's structural cost base and enhance the company's flexibility to invest in its brands, growth initiatives and capabilities critical to delivering future growth. The program will make Kimberly-Clark's overhead organization structure and manufacturing supply chain less complex and more efficient. Over time, the program is expected to accelerate the company's return to delivering sales and earnings growth in line with its Global Business Plan objectives and further enhance long-term shareholder value.

The company expects the program will generate annual pre-tax cost savings of $500 to $550 million by the end of 2021. Savings will be driven by workforce reductions, which are anticipated to be in a range of 5,000 to 5,500 (12 to 13 percent of current headcount), along with manufacturing supply chain efficiencies. The program is expected to broadly impact all of the company's business segments and organizations in each major geography. The savings are incremental to the company's ongoing FORCE cost savings program.

The company expects to close or sell approximately 10 manufacturing facilities and expand production capacity at several others to improve overall scale and cost. As part of the program, Kimberly-Clark expects to exit or divest some low-margin businesses that generate approximately 1 percent of company net sales. The sales are concentrated in the consumer tissue business segment.

To implement the restructuring program, the company expects total cash spending of $1,500 to $1,700 million by the end of 2020, consisting of $900 to $1,000 million in pre-tax cash restructuring charges and approximately $600 to $700 million in incremental capital spending.

The company also expects to incur non-cash restructuring charges of $800 to $900 million pre-tax by the end of 2020, making the total expected restructuring charges $1,700 to $1,900 million pre-tax ($1,350 to $1,500 million after-tax). Restructuring charges in 2018 are anticipated to be $1,200 to $1,350 million pre-tax ($950 to $1,050 million after tax). The company will exclude the restructuring charges when it reports adjusted results in future periods.

Fourth Quarter 2017 Business Segment Results
Personal Care Segment
Fourth quarter sales of $2.3 billion were up 1 percent. Volumes increased 2 percent and product mix improved 1 percent, while net selling prices fell 3 percent. In addition, changes in currency rates and the acquisition of the company's joint venture in India each benefited sales by less than 1 percent. Fourth quarter operating profit of $483 million decreased 2 percent. The comparison was impacted by lower net selling prices and input cost inflation. Results benefited from volume growth, improved product mix, cost savings and reduced marketing, research and general spending.

Sales in North America decreased 2 percent. Net selling prices declined 4 percent, including higher promotion spending in most categories, while volumes increased 2 percent. Adult care volumes rose mid-single digits, led by gains on the Poise brand. Total volumes in infant and child care were up low-single digits, driven by growth in Pull-Ups training pants.

Sales in developing and emerging markets increased 7 percent. Volumes increased 4 percent and product mix improved 3 percent, while net selling prices were down 3 percent. In addition, the acquisition of the company's joint venture in India benefited sales by 2 percent and currency rates were favorable by 1 percent. The volume increase was driven by gains in Latin America, primarily Argentina and Brazil, and in Eastern Europe.

Sales in developed markets outside North America (Australia, South Korea and Western/Central Europe) decreased 5 percent, despite a 2 point benefit from favorable currency rates. Volumes were down 7 percent, driven by South Korea. Net selling prices fell 2 percent, offset by improved product mix.

Consumer Tissue Segment
Fourth quarter sales of $1.5 billion decreased 1 percent. Volumes and net selling prices each fell 1 percent, while currency rates were favorable by less than 2 percent. Fourth quarter operating profit of $258 million decreased 13 percent. The comparison was impacted by lower sales and input cost inflation, partially offset by cost savings and reduced marketing, research and general spending.

Sales in North America decreased 4 percent. Volumes were down 2 percent, driven by lower bathroom tissue volumes. Net selling prices fell 2 percent, reflecting increased promotion spending.

Sales in developing and emerging markets increased 4 percent, including a 2 point benefit from favorable currency rates. Volumes increased 3 percent, while the combined impact of changes in net selling prices and product mix reduced sales by 1 percent.

Sales in developed markets outside North America increased more than 3 percent, including an approximate 5 point impact from favorable currency rates. Volumes declined 3 percent, primarily in Western/Central Europe, while the combined impact of changes in net selling prices and product mix benefited sales by 2 percent.

K-C Professional (KCP) Segment
Fourth quarter sales of $0.8 billion increased 3 percent. Changes in currency rates benefited sales by 2 percent and volumes increased 1 percent. Fourth quarter operating profit of $151 million increased 3 percent. The comparison benefited from volume growth, cost savings and lower marketing, research and general spending, mostly offset by input cost inflation.

Sales in North America increased 1 percent. Volumes were up 1 percent, including growth in safety and other product categories.

Sales in developing and emerging markets increased 6 percent, including a 3 point benefit from currency rates. Volumes were up 3 percent, primarily in China and Latin America.

Sales in developed markets outside North America were up 6 percent. Currency rates were favorable by 5 percent and product mix improved 1 percent.

Full Year 2017 Results
Sales of $18.3 billion were up slightly compared to the year-ago period. Changes in foreign currency exchange rates benefited sales by less than 1 percent. Organic sales were similar year-on-year, as volumes increased about 1 percent and product mix improved slightly, while net selling prices fell more than 1 percent. In North America, organic sales were down 2 percent in consumer products and similar year-on-year in K-C Professional. Outside North America, organic sales increased 3 percent in developing and emerging markets but fell 3 percent in developed markets.

Operating profit was $3,299 million in 2017 and $3,317 million in 2016. Adjusted operating profit was $3,323 million in 2017 and $3,341 million in 2016. Results were impacted by lower net selling prices and $355 million of higher input costs. The comparison benefited from volume growth, $450 million of FORCE cost savings and lower marketing, research and general spending.

Diluted net income per share was $6.40 in 2017 and $5.99 in 2016. Adjusted earnings per share of $6.23 in 2017 increased 3 percent compared to $6.03 in 2016.

2018 Outlook and Key Planning Assumptions
The company's key planning and guidance assumptions for 2018 are as follows:
-Net sales increase of 1 to 2 percent.
-----Organic sales are expected to increase approximately 1 percent, driven by higher volumes. Changes in net selling prices and product mix are expected to be similar, or up slightly, year-on-year.
-----Changes in foreign currency exchange rates are anticipated to have a neutral to 1 percent positive impact on net sales, and the acquisition of the company's joint venture in India should benefit sales slightly.
-Adjusted operating profit growth of 2 to 5 percent.
-----Cost savings of approximately $400 million from the FORCE program and $50 to $70 million from the 2018 Global Restructuring Program.
-----Inflation in key cost inputs of $300 to $400 million. A majority of the inflation is anticipated to occur in international markets. In North America, the company is assuming market prices of $1,050 to $1,100 per metric ton for eucalyptus pulp and mid-$50's to low-$60's per barrel for oil.
-Interest expense down approximately 20 percent, including benefits from redeeming, in December 2017, $500 million of notes originally due in late 2018.
-Adjusted effective tax rate of 23 to 26 percent.
-Net income from equity companies similar, or up slightly, year-on-year.
-Adjusted earnings per share of $6.90 to $7.20, up approximately 11 to 16 percent compared to $6.23 in 2017.
-Capital spending of approximately $1.1 billion.
-Dividend increase of 3.1 percent (approved by the Board of Directors and mentioned previously in this release). The quarterly dividend will increase to $1.00 per share, up from $0.97 per share in 2017. The first dividend will be payable on April 3, 2018 to stockholders of record on March 9, 2018.
-Share repurchases between $0.7 and $0.9 billion, subject to market conditions.
(Kimberly-Clark Corp.)

Newsgrafik #119098

Voith and US logistics group C. H. Robinson close partnership for digital commerce  (Company news)

-Voith expands merQbiz trading platform with integrated logistics solutions
-Customers now have direct access to integrated logistics services

Voith continues to expand its digital agenda and extends the range of its trading platform for recovered paper (RCP) merQbiz. For this purpose, merQbiz and the American logistics provider C. H. Robinson have agreed to an exclusive cooperation: The customers are now offered unmatched freight capacity, competitive real-time pricing and a powerful supply chain network to the platform.

The fact that we were able to win C. H. Robinson, one of the world's largest logistics groups, as a partner for our digital trading platform shows that we have hit a nerve in the market with merQbiz," says Dr. Hubert Lienhard, CEO of Voith GmbH & Co. KGaA.

The B2B-trading-platform merQbiz was launched in 2017 by Voith. It connects buyers and sellers of recovered paper in a digital marketplace. The platform gives buyers and sellers the ability to directly network with one another and access timely and reliable information about the supply and demand of recovered paper. In addition, users can securely conduct their sales and purchasing transactions on the trading platform. Similar to the well-known online marketplaces, merQbiz evaluates the merchants, the buyers and the quality of the goods. This ensures a high level of security for all goods, logistics and payment flows as well as a high degree of transparency and professional handling. In the medium term, the trading platform's offers will also be available to customers outside the United States.

As a result of the expansion of the product range to include integrated logistics solutions, merQbiz now also offers the automation and improvement of previously manually performed logistics processes on a user-friendly digital platform. Absolute transparency in the market now applies not only to the pricing of recovered paper, but also to the shipping costs – competitive pricing is carried out in real time and customers receive prompt transport offers that match with their trading order. C. H. Robinson's capacities allow for access to previously unmatched freight capacities. C.H. Robinson is publicly listed on the NASDAQ. The group serves more than 113,000 customers worldwide today with logistic solution. 2,600 thereof are in the paper, board and packaging industry. In the last business year C.H. Robinson generated sales of approx. 10 billion Euros. „The integrated logistics solution is a game-changer for the industry. The supply of recovered paper will become even more predictable for our customers in the paper industry“, said John Fox, CEO of merQbiz.

In addition to its existing research and development budget, Voith invests around 100 million euros annually in digital products and services.
(Voith Paper GmbH & Co KG)

Newsgrafik #119099

Stora Enso is the first forest products company to set ambitious greenhouse gas reduction targets  (Company news)

The renewable materials company Stora Enso has become the first forest products company to set ambitious science-based greenhouse gas (GHG) emission reduction targets to address significant emissions along the company’s value chain. The targets have been approved by the Science Based Targets initiative.

“For over a decade we have been actively reducing the energy-intensity of our operations and our dependence on fossil fuels,” says Stora Enso CEO Karl-Henrik Sundström. “As a company operating in a bioeconomy and using renewable raw materials, we are in a unique position to take the next step. We are now committing to further reducing our CO2and other greenhouse gas emissions in line with the 2°C limit set for global warming by the Paris Agreement. The new targets coveremissions from our own operations, but also includes engagement targets for our partners all through the value chain.”

The target commits Stora Enso to reducing greenhouse gas (GHG) emissions from operations by 31% per tonne of pulp, paper and board produced by 2030 from a 2010 base-year. To reduce emissions in the value chain, Stora Enso commits to have 70% of non-fibre suppliers and downstream transportation suppliers in terms of spend set their own GHG reduction targets by 2025, towards the aim that these suppliers adopt science-based GHG reduction targets by 2030. In addition, the company will educate 100% of customer-facing staff on the advantages of setting science-based targets by 2020.

Alexander Liedke, Manager of Sustainable Business & Markets at WWF and member of the Science Based Targets initiative steering committee said, “We congratulate Stora Enso on being the first forest products company to have their science-based targets approved by our team. By setting targets that align their business with global efforts to avoid the worst impacts of climate change, Stora Enso is positioning itself to thrive as the global economy transitions to a low-carbon future. It is particularly encouraging to see Stora Enso working with its suppliers to adopt their own science-based targets, helping to mainstream science-based target setting across the value chain.”
(Stora Enso Oyj)

Newsgrafik #119072

Hong Kong International Stationery Fair 2018 attracts about 21,000 professional buyers from ...  (Company news)

... around the world

Exhibitors and visitors unlock unparalleled business opportunities
Dynamic fringe events reveal future design trends and promote industry evolution

The Hong Kong International Stationery Fair successfully concluded its 2018 edition this month with high satisfaction from both exhibitors and buyers alike. Held from 8 – 11 January at the Hong Kong Convention and Exhibition Centre, the fair drew 20,960 visitors from 107 countries and regions, sourcing for a diverse range of stationery, office and DIY supplies from around 260 global exhibitors. The top 10 visiting countries and regions were (in order of highest attendance) the Chinese mainland, Taiwan, Korea, the US, Japan, Thailand, India, the Philippines, Malaysia and the UK.

“The successful results we achieved once again have reaffirmed that the fair has become an essential and trend-setting platform to serve the stationery and office supplies industry,” commented Ms Judy Cheung, Deputy General Manager of Messe Frankfurt (Shanghai) Co Ltd. “What makes the fair unique is its quality and proven effectiveness in helping industry players generate more businesses. Not to mention the range of concurrent events and seminars, which complement the exhibition very well. This added-value provides even more new business and design ideas, which can help the industry to further innovate and grow.”

Exhibitors and visitors unlock unparalleled business opportunities
An integral aspect of the fair’s success is its strong line-up of international pavilions. In order to demonstrate the unique strength of some key stationery manufacturing areas in Asia Pacific, the 2018 fair once again welcomed back pavilions from Korea and Taiwan. The Korean pavilion, for example, was supported by the Korea Stationery Industry Cooperative (KSIC). Mr Shin Geon-sik, Director of the organisation, shared his thoughts: “The pavilions are an example of how the show represents product developments across multiple Asian regions, and also highlight the stationery industry’s most leading players. Visitors to our booth seem to appreciate the fair’s structure and the quality of exhibitors. We’ve spoken to high-level buyers from many different sectors and across the globe. We believe the result will be fruitful and we expect to return with the pavilion next year on an even larger scale.”

Many Group Company is one of the many exhibitors to achieve instant results at the fair. Mr Sunny Kan, General Manager of the company, explained: “This is our first time exhibiting here. During the first two days of the show, we met with around 40 potential buyers from different countries, including France, the Netherlands, Africa and the Middle East. We have even received some orders already, including one worth around USD 20,000.” Many Group is a Hong Kong based company that works as an agent for a number of industry renowned brands, such as Romane and LPS.

Another first-time exhibitor is Philbook from the Philippines. The company provides a whole range of eco-friendly writing paper products that draw a lot of interest from fair-goers. Mr Jake Jan, COO of the company, noted: “I think we have definitely made the right decision to come here. The show floors have been busy and the quality of potential buyers has been high. Our main target at the show are buyers from the US and Europe, and there has been a good mix of these as well as Asian buyers too. We have met potential buyers who we expect will be placing orders after the show.”

For European stationery brands, the show serves as a vital platform to tap into the surrounding ASEAN region and the Chinese market. Ms Sophia Diakakis, owner of Diakakis Imports SA, is a long-time exhibitor from Greece. She shared: “This is our fifth time exhibiting at the fair. We mainly produce school bags but also some stationery items under our own brand name. Throughout the course of the fair, we have been able to reach customers from outside of Europe, and the last two years in particular have been very successful for us. We secured contracts with businesses in Singapore, Taiwan and Dubai. The show acts as the gateway into the Chinese market and we are currently in discussions with a Beijing company who is interested in our designs.”

The show’s many international visitors also discovered valuable business prospects during the fair. Mr Ram Lakshmanan is the Managing Partner of Super Swift General Trading LLC, an office stationery supplier in Dubai. He said: “This year, I found a wide variety of innovative and high quality stationery products for the market in the UAE. I am happy to see there are new suppliers every year, and I have met at least three potential suppliers from the Chinese mainland and Korea. In fact, I will place an order with one of the Chinese exhibitors worth around USD 15,000.”

Ms Gesarin Anek, Managing Director from Asia Books, a bookstore from Thailand, also shared a similar view: “We have been looking for high-end products and we are very satisfied with the exhibitors and products on display. We already found three new vendors including Kokuyo, a famous Japanese stationery brand, as well as a company selling crayons for children to mould and create themselves. I think the fair is a place for sourcing high quality and innovative products which you often can’t find in the mass market, so it’s very important for us to attend.”

Dynamic fringe events reveal future design trends and promote industry evolution
The Hong Kong International Stationery Fair 2018 not only serves as a trade event, but also remains an important networking hub. In order to provide new insights for the industry, the fair organisers arranged a number of fringe events, including “Marketing Your Stationery Business in the Digital Age”, “Looking into Stationery Design Trends”, as well as “Buyer Forum: Business Opportunities along the Belt and Road”.

Mr Leo Lau, Co-founder of ConnectAR, spoke at the “Marketing Your Stationery Business in the Digital Age” and shared his views on how to use new technologies to enhance retail businesses. He said: “Stationery is essentially a very simple product, but with the help of new offline to online technology such as QR codes and Augmented reality (AR) programmes, its value can be greatly enhanced. I was pleased to meet with three companies that came to see me directly after my talk for further discussions.”

Ms Mutheu Mwathe is the Director of Mutan. Travelling from Kenya and attending the fair’s buyer forum, she said: “My company is trying to work with some countries along the Belt and Road routes, and the forum helps expand my knowledge about how to grab certain opportunities. I learnt a lot about the market trends in Asia and I also appreciate the speakers’ effort as their presentations are clear and concise with international perspectives.”

Another highlight of the show is the “All For Arts” theme display area at the entrance of Hall 5B, which demonstrated a wide range of artistically designed stationery and art supplies. Ms Kinzal Khandelwal, founder of Reshu’s Store from India, said: “I really like this area as all the products here are very artistic, colourful and attractive. I was able to discover the latest trends in the stationery market from here, and I believe personalisation and innovation will be the key elements for the future stationery products. I also think the tags next to the products are useful as they helped me find the corresponding booth easier.”
(Messe Frankfurt)

Newsgrafik #119081

Svenska Pappersbruket AB, Klippan Mill invests in a new paper machine  (Company news)

Svenska Pappersbruket AB in Klippan, Sweden invests in a new tissue machine with an annual capacity of 30.000 MT, start up planned for Q2 2019. Supplier will be Recard S.P.A., Italy.

The machine will have a deckle size of 3.200 mm, produce grammages between 14 and 26 gsm and an operating speed of 1.700 mpm. The rewinder will be equipped with 4 backstands.

The mill is a big producer of colored tissue base paper reels and supplies to customers worldwide.
The investment will further strengthen the mill’s position as the production will quadruple.
Tissue from Klippan Mill is used mainly for napkin production.

The decided investment of 150 million SEK will mean new recruitments of about 20-25 people.
(Svenska Pappersbruket AB)

Newsgrafik #119083

Model Kramp turns brands into a sensory experience  (Company news)

Model Kramp GmbH, D-Hanau - Clothes make people stand out – and packaging does the same for products. Indeed, it generally conveys more emotion and feeling than the product itself. This is especially true of cosmetics, as they embody lifestyle choices and luxury. The packaging must be seductive, as it is this which entices the consumer to buy

Beauty products and their packaging take consumers into their own world of experience and emphasise their relaxed, luxurious or sporty way of life. The latest printing and finishing processes, such as the cold foil technique, support this branding with impressive results. Model Kramp has completely mastered this elegant touch – and branded goods manufacturers are adept at using it in their own interests. Three-dimensional embossed logos or text, combined with an additional matt, gloss or metallic varnish finish to the printed image, create sophisticated textures and surfaces with an extravagant look and feel.

Inline finishing for large runs
In contrast to hot foil embossing, cold foil embossing needs no high temperatures or time-consuming additional offline process involving embossing machines. The foil that is used to finish the print substrate can be applied directly inline at the printing stage. At Model Kramp in Hanau, this is the job of the Inlinefoiler 2.0 cold foil module. In combination with an eight-colour system from MAN Roland, it opens up a whole new world of finishing. The cold foil can be applied inline as part of offset printing, and then printed over in several colours in a single step. This enables logos and contoured motifs or text to be embossed and then coated with special-effect or spot varnish. As a complement to the classic embossed foil printing process, cold foil finishing thus offers new and as-yet unimagined design opportunities. The results are impressive, achieving a high degree of precision and edge sharpness. This is because the inline process avoids register issues – something that is particularly noticeable with delicate motifs, thin lines and fonts. It permits the very finest textures and grid patterns.
(Model Kramp GmbH)

Newsgrafik #119087

H.B. Fuller Poised for Global Growth with Acquisition of Royal Adhesives & Sealants  (Company news)

Boosting H.B. Fuller’s problem-solving potential, the company announces it has finalized its acquisition of Royal Adhesives & Sealants for $1.575 billion. Few people realize the impact of adhesives. They are everywhere, making virtually any durable or consumer product better. Adhesives have the potential to make the world a better place, and H.B. Fuller is tapping adhesives in unique ways to improve a range of global issues.

H.B. Fuller, combined with Royal, deepens its expertise in specialty and high-value applications used in a range of sectors, including electronics, hygiene, medical, transportation, clean energy, construction, and more. Together, the companies will enable an interconnected world, support better use of the world’s finite resources, improve food security and access to clean drinking water, and address the challenges of a globally disperse and aging population.

“This is an exciting step for Royal and our network of brands,” said Royal Adhesives & Sealants CEO, Ted Clark. “Combining these two businesses creates a more capable and dynamic company for our customers and employees. We complement each other, selling in adjacent markets with very little customer overlap, and that presents an interesting number of growth opportunities. We offer different technologies, expertise and capabilities. Yet, we share the same passion for solving product development challenges by discovering and applying innovations in adhesive technology.”

The acquisition expands H.B. Fuller’s product offering in engineering, durable assembly and construction adhesives and makes H.B. Fuller the world’s largest supplier of adhesives for insulating glass and commercial roofing applications. Of the top adhesives manufacturers, H.B. Fuller is the only one singularly focused on adhesive and sealant technologies.

“We are passionate about being the best adhesives provider in the world, and we’ve been investing significantly over the last decade to make it a reality,” said H.B. Fuller CEO Jim Owens. “With complementary adhesives expertise from Royal, we’re able to make an even bigger impact on improving people’s lives. Our customers will benefit from a broader portfolio and expanded development and production capabilities. We’ll be a more capable and dynamic company with additional opportunities for the thousands of dedicated H.B. Fuller and Royal employees around the world. And, the acquisition accelerates our business strategy and positions us to exceed our 2020 targets.”

H.B. Fuller also expects the combined businesses to deliver very strong cash flow to pay down debt at an accelerated pace. Owens adds, “With this acquisition, we have created immediate value for shareholders based on Royal’s solid organic growth track record, high EBITDA margin and strong rate of cash flow conversion. Looking ahead, we will now begin our planned three-year integration, including leveraging the $15 million in growth synergies and $35 million in cost synergies we identified prior to closing this transaction.”

A broader range of highly specified adhesives technologies
With the addition of Royal, H.B. Fuller will be able to add more value to its customers in key markets that require highly specified adhesive technology. The combined companies’ comprehensive suite of products support innovative product design with the potential to touch everything from our clothes, homes and workspaces to how we communicate and travel.

For example, the electronification of cars has revolutionized vehicles from mechanical machines to electronic devices, and it is changing how vehicles are manufactured and serviced. Together, H.B. Fuller and Royal now bring the whole package to OEMs – from electronics applications, interior trim, and interior and exterior lighting to powertrain under the hood and exterior structural bonding. Royal also brings rubber-to-metal bonding adhesives, a highly difficult application in the automotive industry.

From engineered wood applications and panel lamination to advancements in insulating glass, H.B. Fuller now has one of the world’s most complete lines of durable assembly adhesive offerings. The acquisition of Royal’s KÖMMERLING business—a well-established and respected provider of insulating glass and other high-value adhesive and sealant applications for manufacturers of durable goods—will enable us to leverage its well-established sales channels to deliver this technology to a broader range of customers in North America and to accelerate the introduction of insulating glass sealant innovations in China and the Asia Pacific region.

The acquisition also nearly doubles the size of H.B. Fuller’s construction adhesives portfolio. Adding to H.B. Fuller’s expertise in tile setting and flooring installation, Royal is the market leader in the commercial low-slope roofing category. They also add capabilities in insulation attachment and waterproof bonding. Collectively, H.B. Fuller now advances quality building construction from the floor to the roof.
(H.B. Fuller Company)

Newsgrafik #119093

Metsä Board to showcase its SkinCare 2.0 gift box design at PCD 2018  (Company news)

Packaging of Perfume Cosmetics and Design – Paris, 31 January – 1 February Stand number K20

At PCD 2018 Paris, Metsä Board will present its product portfolio of premium fresh fibre paperboards and latest developments in its packaging design innovations under the ‘PackageLab’ concept.

Metsä Board will introduce its SkinCare 2.0 cosmetic gift box design which was recently named ‘Champion of Packaging Printing, Paper Packaging’, at the 29th Hong Kong Print Awards. Created by Metsä Board’s packaging design team, the new SkinCare 2.0 gift box demonstrates a more environmentally friendly packaging design through the use of lighter weight paperboard materials and the elimination of the plastic wrap. In addition, each box design offers a unique opening and reclosing experience combined with maximum runnability performance on automated packaging lines.

Under the ‘PackageLab’ concept Metsä Board will provide inspiration and ideas to demonstrate the innovative use of materials and design. Also, at PCD Paris visitors will be able to experience how the latest Augmented Reality (AR) technology contained within the Arilyn-app helps transform the physical world into a virtual experience. By scanning the Arilyn icon the app will reveal related content in an inspirational format.

Visitors will also be able to find out more about the Better with Less – Design Challenge. This international packaging design competition, organised by Metsä Board, aims to find new packaging solutions for some of the world’s most frequently used and fastest growing types of consumer packages.

At PCD’s Innovation and Technology theatre on 31 January at 3pm, Cyril Drouet, Design & Innovation Director Metsä Board, will present; ‘Innovative Skincare 2.0 box design with eco-conception and sustainable production.’
(Metsä Board Corporation)

Newsgrafik #119116

Iggesund UK renews its finishing area with Pasaban machinery  (Company news)

The two KB2300 board sheeters will contribute to the British plant to continue offering a high-quality product alongside impeccable service.

Iggesund, an important Swedish group and a benchmark in the board mills on a global scale, produces two of the highest quality paperboard products in the market. In their Workington (UK) plant they make “Incada” folding box board. The brand is used for packaging in sectors with high quality requirements, such as the food, cosmetics, electronics and the pharmaceutical.

The factory’s finishing area is one of the fundamental areas of its production process. For 20 years, they have entrusted Pasaban with the supply and service of some of their paperboard cutting machines, this way offering them a total solution.

In the Workington Mill, Iggesund already has a KDD-2600 board sheeter which, together with an old Jagenberg and a Pasaban board winder, they have been some of the key machines in the paperboard finishing area. However, they are currently immersed in a machinery renewal process for which they have once again trusted in Pasaban. We will substitute the old equipment for two KB-2300 sheeters with highly automated rotary unwind stands able to process 170 to 400 gsm folding box board (FBB).

We are proud to be able to continue to satisfy our customer needs and to continue being a benchmark in the market. In this case being a part of the manufacturing process of 'Incada' and 'Ivercote' FBB.

Once again, the quality of Pasaban machines, services and customised solutions make it a reliable brand for the world's leading paper and board manufacturers.
(Pasaban S.A.)

Newsgrafik #119050

Ricoh expands long sheet application capabilities with BDT Print Media partnership  (Company news)

Print Service Providers (PSPs) can now meet their clients’ demands for high volume long sheet document production efficiently using their Ricoh Pro™ C9100 series and Ricoh Pro™ C7100 series digital colour sheet fed presses. The news comes as a result of Ricoh’s partnership with German handling specialist BDT Print Media.

When BDT’s VX370 Feeder is integrated with the colour sheet fed systems it provides PSPs with a high capacity solution for feeding with a long sheet option. It supports the efficient, high volume production of a range of applications including A4 landscape booklets, brochures, posters and six page A4 folders.

The VX370 Feeder uses BDT’s patented vacuum-free Tornado technology for media separation to handle a very wide range of media types, from 60 to 400gsm. Its lift and transport mechanism ensures the sensitive and reliable handling of coated and uncoated paper, textured substrates and synthetics.

Media lengths up to 700mm and stacks up to 500mm can be processed; with productivity and reduced job changeover times also supported by the device’s memory storage of repeat jobs.

Eef de Ridder, Director, Commercial Printing of the Commercial & Industrial Printing Group, Ricoh Europe, comments: “The VX370 Feeder supports PSPs who need a high volume feeding solution to handle a broad range of long sheet media with outstanding application flexibility. It will open up new market opportunities, support increased productivity and contribute to profitability.”

Ralf Hipp, CEO of BDT Print Media, adds: “We are delighted to work in partnership with Ricoh to offer their clients a flexible and productive solution that supports high output quality across such a broad range of media.”
(Ricoh Europe PLC)

Newsgrafik #119069

GSE presents Ink manager software plus efficient flexo / gravure dispensing and ...  (Company news)

... proofing solutions at Expoprint Latin America 2018

At Expoprint Latin America 2018, GSE will demonstrate the company’s Ink manager software and present information about its dispensing and proofing solutions for efficient, quality-assured ink logistics in label and packaging printing, especially for flexo and gravure applications (stand 702, white pavilion, Expo Center Norte, São Paulo, Brazil, 20-24 March).

Making its debut in the Americas, GSE Ink manager is a comprehensive ink management solution that eliminates ink-related waste and provides enhanced reporting, for improved business planning and batch traceability.

The new software solution offers optimised ink yields through recycling press returns, as well as improved connectivity, mobility and reporting capabilities. Its modern user interface offers easy use and extensive search functionalities, a job list separating work preparation and ink production, and a modern web interface for seamless integration with other applications, like ink formulation, management information and cloud software. With Wifi connection to the dispenser, GSE Ink manager is supported by mobile apps allowing remote data-entry and access to real-time information. GSE Ink manager also facilitates collection, analysis and presentation of ink-related business information. The operator can view recipe data and ink costings related to each job, store new colour specifications for easy recall when jobs are repeated. The software also facilitates ingredient tracking through the supply chain, by storing ink batch data about every job.

There will be video presentations about GSE’s Colorsat modular dispensing systems that mix and dispense flexo, gravure and screen inks to precise quality and quantity specifications in minutes. Benefits are reduced setup times, ink-yield improvements of over 30 percent thanks to easy re-use of press-return inks, a cleaner colour mixing environment and better stock management. Tailored systems are available for the complete range of package printing situations, for water-based, UV- and solvent-based ink sets, from label printing dispensers that provide colours in 1kg – 10kg volumes, to high-volume dispensers for corrugated board, with up to 34 components.

Information will also be available about GSE’s flexo-based table-top wet-proofing system that simulates printing conditions by using identical consumables as those on the press, to give precise predictions of the colour quality that will be achieved when the job is printed.
José Assini, area sales manager, GSE, comments: “The Latin American packaging value chain is becoming an increasingly service-oriented market where printing run lengths and lead times are declining. With the new GSE Ink manager software, a range of durable dispensing systems, and a responsive support programme, GSE provides a proven, comprehensive ink logistics solution for maximising value, centred around the customer’s need for flexibility and repeatable quality.”
(GSE Dispensing B.V.)

Newsgrafik #119078

Cortec® EcoShield® Barrier Coating Transforms Paper and Linerboard into Recyclable Alternative ...  (Company news)

... to Wax and Polycoated Moisture Barrier Papers and Corrugated Board

A waterborne moisture barrier coating developed by Cortec® Corporation gives paper manufacturers the ability to create non-toxic, effective, environmentally friendly paper and corrugated-board alternatives to wax and polyethylene papers. By applying EcoShield® Barrier Coating onto their Kraft paper, recycled paper, and linerboard, manufacturers can produce fully recyclable and repulpable paper and boxes that resist moisture, oil, and grease.

Historically, polyethylene and wax coatings have been used to seal porous paper, corrugated boxes, and sheets to provide a moisture barrier and/or moisture-vapor barrier to these substrates. The resulting paper product is an environmental problem and cannot be recycled through normal channels. In contrast, papers or linerboard coated with EcoShield® Barrier Coating remain fully recyclable and repulpable while achieving a very low moisture vapor transmission rate (MVTR) comparable to that of polycoated or waxed paper. The coating also has a high kit value rating of 12 indicating excellent oil and grease resistance. If desired, manufacturers can increase a paper’s level of moisture resistance by applying a thicker coating of EcoShield® Barrier to the paper or linerboard substrate.

The dual moisture and grease resistance of EcoShield® Barrier Coating creates a packaging material that helps seal out moisture or other contaminants (which could damage packaged goods) while protecting against leakage or packaging failure for items that have greasy characteristics.

The application of EcoShield® Barrier Coating also enhances a paper’s physical properties such as burst, tear, and tensile strength; elongation, folding endurance, coefficient of friction, and smoothness. EcoShield® Barrier Coating can be applied by most common paper roll coaters, including gravure, flex, air-knife, reverse-roll, etc. Drying temperature is 180°-200°F (82°-93°C). Suggested coating weights are 8-11 pounds per 3000 square foot ream (13-18 g/m2).
(Cortec Corporation)

Newsgrafik #119080

Accrol Group Holdings plc: Unaudited interim results for the six months ended 31 October 2017 and...  (Company news)

...restructuring update

Accrol Group Holdings plc (AIM: ACRL), an independent tissue converter and supplier to a number of the UKs largest wholesalers and retailers, announces its interim results for the six months ended 31 October 2017. In the six month period, the Group incurred an operating loss of £5.7 million compared to a reported operating profit of £3.9 million in the prior year first half.

Following the appointment of Gareth Jenkins as CEO in September 2017 and the identification of a number of significant issues affecting the Group's performance and financial liquidity, the Company requested a suspension of its shares on 5 October 2017. After engagement with shareholders and development of a series of business recovery action plans, Accrol's shares were relisted on 20 November 2017 in conjunction with a planned share placement of £18 million (gross of expenses) which was approved by shareholders on 8 December 2017. At the same time, the Company renegotiated its banking facilities with revised financial covenants which took account of the projected operating performance of the Group.

As previously announced, this has been a difficult period for the Group and its shareholders and a range of business challenges are now being addressed by a new executive leadership team. These will take some time to resolve but progress is being made.

H1 FY18 financials:
· Revenue increased by 13.1% to £72.3m (H1 FY17: £63.9m)
· Gross profit declined by 34.7% to £11.9m (H1 FY17: £18.2m)
· Adjusted gross margin(1) 10.7% lower at 17.7% (H1 FY17: 28.4%)
· Adjusted EBITDA(2) reduced by £8.7m to a loss of £1.6m (H1 FY17: profit £7.1m)
· Net debt rose by £9.4m to £29.3m (H1 FY17: £19.9m)

December 2017 Placing
Post the half year end, the Company successfully raised £16.8m (net of expenses) by way of a placing.

Statement from Gareth Jenkins, Chief Executive Officer of Accrol
It is with disappointment that, in my first communication to shareholders, I have to address the fact that the performance of and short-term outlook for the Group have been so contrary to prior expectations. I do believe, however, that the capabilities of this business are significant and, if well managed, it can deliver a considerably improved performance in the medium term.

The Group's recent problems have arisen from the combination of adverse factors, including:
· rising input costs - tissue cost growth following upstream pulp cost growth;
· adverse FX - forward hedging of USD for paper purchases protected results immediately after the Brexit inspired Sterling devaluation. Significant ongoing, fixed period USD financial hedges, however, were taken out at rates which have become adverse to current market spot rates. These hedges are negatively impacting the Group's financial performance in the short term; and
· internal cost growth - increases in the fixed cost base as a consequence of the new logistics arrangements at Skelmersdale, the new Leyland plant and changes to shift patterns in mid-2017, at a time when the business was managing an overly complex product portfolio.

As these problems came to light in early in October 2017, action was taken to manage liquidity issues by extending credit from suppliers and reducing inventory levels. Whilst this was necessary under the circumstances, it put additional pressure on supplier relations and on customer service levels.

I am pleased to report that significant progress is being made on tackling these issues:
· the leadership team has been strengthened with Don Coates joining as COO. He has extensive experience in business turn around and operational improvement;
· price increases being negotiated and agreed with customers are starting to impact results positively;
· the product range is being rationalised, the benefits of which should flow through progressively during 2018;
· a number of cost savings initiatives are being pursued, including the previously announced reduction in headcount;
· an increased focus on investing the necessary funds to maintain equipment efficiency; and
· current cash flow projections reflect the improved operating outlook but will also be subject, in the short term, to the adverse FX contracts and the payment for a new operating line, which will be installed at the Leyland plant in the summer of 2018. The combined effect of which is expected to increase net debt modestly until mid 2018 before declining thereafter.

In addition to the foregoing actions, I have met personally the Group's major customers and am encouraged by the positive attitude they have to developing further business opportunities with Accrol, despite the recent service challenges. I have also met the Group's major suppliers. They remain supportive of doing business with Accrol and of working with us on our ongoing product reformulation plans.

The Board expects that recent and planned actions will drive Accrol forward. Whilst the Board continues to expect a small loss at the adjusted EBITDA level for the financial year ending 30 April 2018, the Board is comfortable that the Group will continue to operate within its borrowing covenants while work on the turnaround continues and the directors look forward to the longer-term future of Accrol with confidence.

The directors are confident the 12-month restructuring programme being implemented by the Company's new management team, combined with an invigorated focus on the right customers, products, markets and people, will create a much stronger base on which Accrol can rebuild its profitability and, ultimately, shareholder value.

The Board expects the Company to return to profit at adjusted EBITDA level in the year to 30 April 2019. It remains the Board's intention to return to the dividend list at the earliest appropriate opportunity.

Gareth Jenkins, Chief Executive Officer of Accrol, said:
"I believe that actions we are taking and plan to take to effect the turnaround at Accrol will put the business back on track towards its goal of becoming a market leader in the supply of innovative, high quality, tissue based products to the UK's largest retailers and ultimately the consumer. I continue to believe Accrol can achieve this by investing and leading in operational excellence, to ensure that our customers get the best value product with market leading quality and service."
(Accrol Papers Ltd)

Newsgrafik #119102

German Paper Producer Feldmuehle Uetersen Files for Insolvency Proceedings  (Company news)

-Production, sales, and business operations to continue unimpeded
-Tjark Thies of Reimer Rechtsanwälte appointed as preliminary insolvency administrator
-Salaries of the 420 employees are secured through March 31, 2018

The Schleswig-Holstein paper mill, Feldmuehle Uetersen GmbH filed for insolvency at the Pinneberg district court on January 24, 2018. The court has appointed the Hamburg attorney-at-law and restructuring-expert Dr. Tjark Thies of Reimer Rechtsanwälte as the preliminary insolvency administrator.

Founded in 1904, the company has approximately 420 employees and produces around 250,000 tonnes of paper a year at its paper mill just west of Hamburg. Its products are used worldwide, mainly for the production of classic print products and in the packaging industry.

“Business operations will continue unimpeded. This goes for production as well as purchasing, sales, marketing and logistics,” says Tjark Thies.

Heiner Kayser, Managing Director of Feldmuehle Uetersen GmbH says: “Our customers can count on continuing to receive on-time deliveries,” and adds that suppliers can rest assured that they will receive their money when new orders are placed.”

Employees will continue to be paid for their work: through the end of March 2018, their salaries will be covered by the Federal Employment Agency's insolvency allowance.

Tjark Thies and a team of experts from Reimer Rechtsanwälte are currently working on a stocktaking, together with the Munich-based restructuring consultancy Ruppert Fux Landmann GmbH (RFL) and Feldmuehle's management.

“Feldmuehle has first-class products, production facilities, and processes as well as a highly motivated workforce and holds a leading market position. So we are justified in seeing the current proceedings as an opportunity for the company,” says Thies.

“Feldmuehle will continue the strategic reorganisation it has begun with the funds available to it under insolvency law. In particular, we will use the days and weeks ahead to review the extent to which the company could manage the economic rehabilitation just by itself,” says management consultant Ruppert. One conceivable alternative to this would be its acquisition by an investor,” he adds.
(Feldmuehle Uetersen GmbH)

Newsgrafik #119103

Valmet's new equipment investment in roll service center in Finland enhances safety and quality  (Company news)

Valmet is improving work safety and ensuring high-quality roll cover production also in the future by investing in the state-of-the-art equipment for polyurethane and composite covering in Jyväskylä, Finland. The investment was completed at the end of 2017.

Photo: Final inspection of a polyurethane roll cover in Jyväskylä.

"We put a lot of emphasis on the safety of our production equipment as well as the work environment to enhance accident-free workplace and well-being at work. In addition, the new equipment contributes to our ability to keep the quality level of our roll covers high also in the future and enables us to bring new roll covers to the market," says Pekka Kruus, Valmet's General Operations Manager for Rolls in Finland.

With the investment, the service center in Jyväskylä is also preparing for stricter environmental regulations. "We have already been working with this in mind, but the new equipment increases the sustainability of our operations, in terms of reduced waste and better energy efficiency and creates cost savings. Furthermore, the production process becomes more flexible, giving us the possibility to shorten lead times. All in all, this investment further strengthens Valmet's service capabilities close to customers in Finland and near-by countries," says Marko Lassila, Valmet's Director of Service Operations in Finland.

In addition to Finland, Valmet has three other European roll service centers, providing high quality roll maintenance and roll covers. These centers are located in Sweden, France and the UK.

24/7 support through Valmet Performance Center
Valmet has also established a Performance Center in Jyväskylä. It provides support around the clock in roll-related questions. The Center provides on-demand expert support, remote analytics, monitoring and optimization, as well as data discovery and analytics. Valmet Performance Centers are an integral part of Valmet Industrial Internet services, providing easy access to the expertise customers need.

Valmet is implementing its new services approach - Shared Journey Forward - by prioritizing safety, providing services close to customers, and earning customers' trust by working together at sites and remotely.
(Valmet Corporation)

Newsgrafik #119057

SPGPrints’ new RotaPlate Dev & Dry developer-dryer standardises quality, ...  (Company news)

... accelerates throughput in nickel rotary screen prepress workflow

SPGPrints’ new RotaPlate Dev & Dry system provides a fast, ergonomic and automated means of developing and drying RotaPlate nickel rotary screens, for narrow web applications, in a one-step, quality-assured process.

In a cycle lasting between three and four minutes, the exposed mesh is thoroughly washed out with recyclable water, then automatically air-dried without manual intervention. Once the process is complete, the screen is immediately ready for final assembly.

Four times faster than the manual washing process, RotaPlate Dev & Dry replaces the use of a water-gun that, in some cases, can contribute to wrist strain. Time savings per cycle are estimated to be up to 12 minutes, making the device ideal for situations where high throughput is required. Automated developing and drying ensures uniformity of screen quality, and frees operators to focus on higher value activities.

The unit, with a compact 2m2 footprint, also offers environmental benefits. It includes a water filtering and recycling system, and requires no drainage or exhaust: only electricity and compressed air are needed for use.

Thanks to variable speed modes, RotaPlate Dev & Dry accommodates the complete range of RotaPlate meshes. It also comes with an intuitive human-machine interface that requires only the push of the touch-screen to activate.

SPGPrints’ RotaPlate electroformed nickel rotary screens offer high strength, allowing easy handling, reusability, and stability at relatively fast printing speeds. Ideal for non-SPGPrints rotary screen printing units, they are available in a wide range of meshes, for printing added-value features where a thick ink or varnish coverage is required, including tactile varnishes, opaque and rich colours, metallic foil, Braille, warning triangles, small text and fine lines. RotaPlate screens can be exposed digitally with the variLEX processor, capable of resolutions of up to 5080dpi.

Hank Guitjens, commercial manager label printing at SPGPrints comments: “Screen washout is a repetitive and often monotonous job, and one where quality is difficult to control. RotaPlate Dev & Dry is a complete, sustainable system that integrates with advanced imaging devices, to provide optimum quality rotary screens in a standardised workflow for repeatable, high-quality results. This device is a perfect complement to a modern, clean, lean pressroom, where human intervention is minimised.”
(Mec Toscana srl)

Newsgrafik #119063

Sappi to invest in Gratkorn Mill's future paper production with a further modernization project  (Company news)

Sappi, a leading global producer of dissolving wood pulp, speciality and packaging papers, graphic (printing and writing) paper and biomaterials is investing in its mill in Gratkorn.

After finishing the upgrade of paper machine 11 in November 2014, PM 9 will be upgraded in 2019 to the current state of the art. The aim of the project is, in addition to the exchange of technical components, to operate the papermaking process with a reduced energy demand and thus to sustainably reduce the environmental impact. Another effect of the upgrade is the optimisation of raw materials to reduce production costs. The project has a total investment of approximately € 30 million and is scheduled to be realised in the first half of 2019. The project will be carried out in cooperation with Valmet, who also carried out the upgrade of PM 11.

Max Oberhumer, Mill Director of Sappi Gratkorn is pleased about the approval of this project: “In addition to the renewal of important components on the paper machine, the significant improvement in energy efficiency is another milestone in our efforts to achieve sustainable business.”

Steffen Wurdinger, VP Manufacturing, R&D and Technology of Sappi Europe points out the importance of the project: “The approved investment consolidates Sappi Europe's position in this product segment. The reliability of the product quality as well as the machine’s competitiveness will be strengthened through this project.”
(Sappi Europe S.A.)