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Newsgrafik #119315
 22.02.2018

Color Label invests in their 10th Nilpeter flexo press  (Company news)

Picture: Color Label Owner & CEO, Erik Grønning (left) with Managing Director of Nilpeter UK Ltd., Nick Hughes

Danish label converter, Color Label, is one of the leading Danish suppliers of self-adhesive labels for the food industry and the chemical industry. The Aarhus-based company was established in 1980 by Erik Grønning, who continues to be in the forefront of the company.

Since 1980. when Color Label was first established, labels were printed on a Nilpeter press. Owner & CEO Erik Grønning explains, ”Well it’s quite simple. Nilpeter is the Mercedes of label printing presses, and we have never considered investing in anything else. At Color Label it is essential that our equipment is highly reliable, as it is in our DNA to always deliver on time”.

With the purchase of a newly refurbished FA-2500, the total number of 250 mm wide presses is brought up to 8. “The latest addition to our production floor is not considered a used press. The refurbishment job done by Nilpeter UK Ltd. is remarkable. It is really as good as new”, states Erik Grønning. He goes on to explain the rationale behind the investment, “With Color Label’s production setup, it makes perfectly sense for us to have an even number of presses. That way we eliminate the risk of bottlenecks and we are fully flexible: All tasks can be run on all machines”. The Color Label philosophy of twin presses allows them to use existing tooling, and there is no new learning curve for the company printers.

In addition, Color Label has two Nilpeter FA-4200 sleeve-based servo presses. They are tailored to run a wide range of tasks ranging from classic labels to film, flexible packaging, and carton. The machines can print films down to 15 micron and cardboard up to 350 g.

To Color Label, company size has never been a goal in itself, quite the contrary. There is a focus on maintaining a dynamic organisation where everyone takes a personal pride and responsibility to ensure customer satisfaction, first time, every time... all in line with the company's slogan: "Not the largest - but first".

If anyone would like to see how the streamlined system of FA-Line presses performs in a live environment, the doors at Color Labels are always open.
(Nilpeter A/S)

Newsgrafik #119323
 22.02.2018

Agfa Graphics enriches wide-format hybrid Anapurna LED series for sign and display with new ...  (Company news)

...Anapurna H1650i LED

Coming in February, Agfa Graphics is expanding its wide-format hybrid Anapurna LED series for sign and display professionals with a new 1.65 m-wide hybrid printer – the Anapurna H1650i LED. This smaller hybrid printer was designed as an accessible and cost-effective production tool that combines the latest LED technology with Agfa Graphics’ signature high-quality output.

Welcoming the new Anapurna H1650i LED
The latest addition to the Anapurna LED series – the Anapurna H1650i LED – is a smaller version of the popular and robust Anapurna H2050i LED printer, with which it shares several features and benefits. Like its bigger brother, the new Anapurna prints on rigid and flexible media by means of LED curing, resulting in a lower cost of ownership. It combines this with Agfa’s award-winning imaging quality, ink-saving thin ink layer technology and perfect white ink printing reliability, yet requires a smaller financial investment than other Anapurna engines.

“The hybrid Anapurna H1650i LED printer was designed as a robust, qualitative and versatile entry-level option for wide-format print service providers,” explains Philip Van der Auwera, Product Manager at Agfa Graphics. “Although smaller, it is equipped with features normally reserved for higher-end printers, such as automatic head height measurement, crash prevention and an anti-static bar, thus offering the very best at a reasonable price. Of course, the Anapurna H1650i LED is driven by Asanti as well, which adds to the resulting high-quality and consistent prints.”

About the hybrid Anapurna LED series
Wide-format hybrid Anapurna LED engines are robust, high-speed workhorses that take on both rigid and flexible print jobs, and excel in accuracy thanks to a reinforced belt drive and shuttle beam, a gradient and multi-layer functionality and six 12-picoliter printheads. Fitted with air-cooled UV LED lights that allow printing on thin and thermal sensitive substrates, these printers offer several unique advantages, such as a lower energy consumption, a wider application scope and higher productivity. All engines are powered by Agfa Graphics’ Asanti sign and display workflow software.
(Agfa-Gevaert N.V.)

Newsgrafik #119325
 22.02.2018

BOBST AluBond: A breakthrough in high metal adhesion  (Company news)

The BOBST AluBond® process provides high metal adhesion and surface energy levels through vacuum metallization.

A common problem is poor metal adhesion due to de-lamination
Traditional metallization, even with plasma treatment, can result in poor metal to polymer substrate bonding, this produces de-lamination which leads to packaging failure and results in product rejects and loss of reputation.

Part of the problem is low surface energy on the metal side which also contributes to poor lamination bonding. There is increasing demand in the industry for higher levels of metal adhesion on metallized film due to the need for more complex packaging structures which requires a lamination peel strength suitable for functional needs.

BOBST AluBond® eliminates the need for chemically treated films
BOBST has developed an innovative approach to address this common issue in the packaging industry through its vacuum metallizers, eliminating the need for chemically treated films.

High bonding strength is achieved on any substrate with the BOBST AluBond® unique metallizing process. This is an advanced metal adhesion technology where metal adhesion values can be achieved of up to 5N/15mm.

What is BOBST AluBond®
The BOBST AluBond® process is an in-line hybrid coating technology which promotes chemical anchoring (chelation) of the first aluminium particles creating a metallizing seeding layer that provides superior bond strength properties.

Very high adhesion is achieved when there are direct chemical bonds between the aluminium coating and the polymer surface. Increased chemical bonding by the creation of the seeding layer increases lamination bond strength and leads to high performance during lamination, extrusion and coating processes hence preventing failure of the packaging.

Increases in metal adhesion and dyne level retention
BOBST AluBond® has been shown to greatly increase metal bond strength and metal adhesion on the most commonly used substrates (PET, BOPP, CPP and PE) during aluminium vacuum metallization.

In addition BOBST AluBond® has also been shown to significantly increase dyne level retention which translates in improved ink wettability during printing and enhances structure stability during lamination. BOBST AluBond® generates added value by extending surface energy stability on metallized films over a long period of time and may eliminate the need for an additional surface treatment boost i.e. corona refresh prior to converting.

Safeguard the barrier properties in the laminate structure through the BOBST AluBond® high metal adhesion process to provide the required shelf life for your packaging.
(Bobst Manchester Ltd)

Newsgrafik #119327
 22.02.2018

Verso Announces Plans to Restart Paper Machine in Jay, Maine  (Company news)

Verso Corporation (NYSE: VRS) announced plans to upgrade the shuttered pulp line and No. 3 paper machine at its Androscoggin Mill in Jay, Maine, enabling this equipment to restart for the manufacture of packaging products. The paper machine and associated pulping capacity were temporarily idled in January 2017 and shut down in July 2017 as a result of declining demand for the graphic paper products formerly produced on the machine.

With an anticipated completion date in the third quarter of this year, this project will help Verso continue to diversify its product mix into growing market segments and is expected to create approximately 120 full-time jobs at the mill and additional jobs throughout the Maine forest products supply chain. The estimated total capital cost of the project is $17 million, $4 million of which will come from a Maine Technology Asset Fund 2.0 challenge grant administered by the Maine Technology Institute. Funds from the grant will be become available as certain milestones in the project are reached.

"Verso identified this upgrade and restart of the No. 3 paper machine and associated equipment at the Androscoggin Mill as part of our continuing development of a holistic strategy that includes repositioning of certain assets, and we want to thank Governor LePage and the Maine Technology Institute for their support in helping to make it possible," said Verso Chief Executive Officer B. Christopher DiSantis. "When this project is completed, the Androscoggin Mill will be more competitive in the global marketplace and better positioned for future success."
(Verso Corporation)

Newsgrafik #119329
 22.02.2018

SCA launches environmental impact assessment of production increase at Obbola paper mill  (Company news)

SCA will commence an environmental impact assessment of a possible investment in a new paper machine at the paper mill in Obbola.

Under investigation is a production increase from the current 450,000 tons of kraftliner per year to 850,000 tons of kraftliner per year. To supply a larger paper machine with fiber, production of pulp based on both fresh fiber and recovered fiber would have to increase.

"No decision has been taken," says Obbola paper mill Acting Plant Manager Per Strand. "We're seeing a long-term increase in demand for packaging paper, and we're investigating different development opportunities for the paper mill. Environmental conditions are an important factor in being able to assess various development alternatives, which is why we're now starting this impact assessment."

The Obbola paper mill will begin the assessment by inviting in government authorities and nearby residents to present the potential development plans.

The Obbola paper mill produces 450,000 tons of kraftliner per year and has approximately 300 employees.
(SCA Forest Products AB)

Newsgrafik #119330
 22.02.2018

Huhtamäki Oyj's Results January 1-December 31, 2017: A year of continued investment  (Company news)

Q4 2017 in brief
-Net sales grew to EUR 745 million (EUR 732 million)
-Adjusted EBIT was EUR 65 million (EUR 65 million); EBIT EUR 62 million (EUR 64 million)
-Adjusted EPS improved to EUR 0.51 (EUR 0.44); EPS EUR 0.47 (EUR 0.42)
-Comparable net sales growth was 5% in total and 9% in emerging markets
-Currency movements had a negative impact of EUR 35 million on the Group's net sales and EUR 3 million on EBIT

FY 2017 in brief
-Net sales grew to EUR 2,989 million (EUR 2,865 million)
-Adjusted EBIT was EUR 268 million (EUR 268 million); EBIT EUR 264 million (EUR 266 million)
-A record adjusted EPS of EUR 1.90 (EUR 1.83); a record EPS of EUR 1.86 (EUR 1.81)
-Comparable net sales growth was 3% in total and 4% in emerging markets
-Currency movements had a negative impact of EUR 19 million on the Group's net sales and EUR 1 million on EBIT
-Capital expenditure of EUR 215 million for future growth
-Free cash flow was EUR 56 million (EUR 100 million)
-The Board of Directors proposes a dividend of EUR 0.80 (0.73) per share

Jukka Moisio (photo), CEO:
"Huhtamaki had a good year in 2017. Comparable growth was 3% and adjusted earnings per share improved by 4% to a record EUR 1.90. Despite the headwinds in India growth in emerging markets was 4% and accelerated to 9% during the fourth quarter. The whole Huhtamaki Team did well in 2017 and I want to thank everyone for their contribution.

Foodservice Europe-Asia-Oceania and North America segments enjoyed positive momentum with increased net sales and good profitability. Flexible Packaging segment had net sales and profitability headwinds in India but the segment started to trade better towards the year-end.

We implemented our forward-looking investment program and at EUR 215 million our capital expenditure was 55% of Adjusted EBITDA. The most significant organic growth action in 2017 was constructing a new world class facility in Goodyear, Arizona, to serve the U.S. West Coast and Southwest markets. Parallel to the Arizona facility development we built new and expanded existing foodservice capabilities in China, Poland, Spain and Russia. In the Flexible Packaging segment we completed two new facilities in Eastern India, began building a new plant in Egypt, and extended our current operations in Thailand and Vietnam.

Our firepower and appetite for value-adding acquisitions remains high and we are ready to execute acquisitions when both strategic and financial justifications are met. In 2017 we made an important strategic acquisition with the purchase of International Paper's foodservice packaging operations in China. The acquisition, together with the consolidation of operations both in South and North China, gives us a footprint of three well-located and efficient manufacturing units and provides an excellent position to support our customers in the growing foodservice market of Greater China.

Reflecting the forward-looking investment program our free cash flow was EUR 56 million and our ROI and ROE were 13.6% and 17.0% respectively.

The business environment in 2017 was generally positive and we look optimistically towards 2018. Megatrends support demand for food-to-go and prepacked food packaging, and we are well on our way in building the best global food packaging network. Our philosophy is to improve continuously and therefore we develop our people, operations, and business competence to make Huhtamaki a world class company. In 2018 our key deliverable is to leverage our investments into accelerated growth while delivering our profit targets."

Financial review Q4 2017
The Group's comparable net sales growth was 5% during the quarter. Growth was strongest in the Flexible Packaging and Foodservice Europe-Asia-Oceania business segments driven by strong volume growth. The Group's comparable growth in emerging markets was 9%. Growth was strong in Eastern Europe, Middle East and Africa. Net sales in India grew also. The Group's net sales grew to EUR 745 million (EUR 732 million). Foreign currency translation impact on the Group's net sales was EUR -35 million (EUR -2 million) compared to 2016 exchange rates.

Outlook for 2018
The Group's trading conditions are expected to remain relatively stable during 2018. The good financial position and ability to generate a positive cash flow will enable the Group to address profitable growth opportunities. Capital expenditure is expected to be approximately at the same level as in 2017 with the majority of the investments directed to business expansion.
(Huhtamäki Oyj)

Newsgrafik #119293
 21.02.2018

Kemira increases prices of polymer products in EMEA   (Company news)

Kemira, a global chemicals company serving customers in water intensive industries, announces price increases for all polymer products in the EMEA region.

The price increase of +8-10% for all applications, which will become effective on 1st March 2018 or as contracts allow, is necessary due to a continuing increase in key raw materials and freight cost across Europe.

These significant cost increases need to be compensated for Kemira to be able to continue supplying our customers with quality products and investing into future growth.
(Kemira, Paper Segment)

Newsgrafik #119303
 21.02.2018

Ricoh presents broadest portfolio at FESPA 2018  (Company news)

Ricoh will be using FESPA to highlight how its latest wave of innovations can help print providers profitably expand their services.

Photo: Ricoh T7210 UV flatbed printer

On its 224sqm Hall 3.1 A50 stand, at Messe Berlin, from May 15 to 18, Ricoh will explore with print and communications businesses how to open new worlds of opportunity in the vibrant Sign and Display sector.

In five distinct areas, it will demonstrate the latest in flatbed, large format, direct-to-garment, sheet fed and inkjet printhead technologies.

An applications and software studio area, featuring a wide range of print examples from a host of Ricoh systems, will highlight further possibilities. It will also enable visitors to explore a broad spectrum of creative opportunities.

Graham Kennedy, Head of Commercial Ink Jet Business, Commercial and Industrial Printing Group, Ricoh Europe, comments: “We’re excited to present systems from across our continuously-expanding portfolio. From flatbed for decor and innovative cost-effective garment printing to large format and our own widely adopted technology inkjet print heads – we have solutions to address diverse challenges. Our specialists will be on hand to help visitors identify revenue earning opportunities and talk through seamless integration that supports efficient and streamlined workflow.”

Ricoh is located near the seminar and club FESPA areas as well as the main entrance. Visitors are encouraged to explore Ricoh’s extensive cost-effective portfolio and discover how it can help them expand their business and opportunities.
(Ricoh Europe PLC)

Newsgrafik #119306
 21.02.2018

Scheufelen wins an Innovation Award for Grass Paper  (Company news)

Scheufelen receives an Innovation Award for its grass paper packaging at the first participation in Fruit Logistica Berlin, the most important trade fair for fruit and vegetable packaging, with 75,000 visitors worldwide.

The revolutionary virgin fiber material offers decisive economic and ecological advantages for existing and new packaging solutions. Grass fiber which is available in large quantities in Germany is growing within less than 60 days and is treated purely mechanical, with minimal energy consumption and without water and chemical treatment.

Scheufelen grasspaper offers perfect printability and is also certified and used for all food applications. The Scheufelen team, supported by the Packaging Campus Lenningen and the partner Creapaper, is proud of this innovative, environmentally friendly product, the new award received by the trade audience and the extremely great interest of well-known customers.
(Papierfabrik Scheufelen GmbH + Co. KG)

Newsgrafik #119307
 21.02.2018

Case Paper: New Business Development Expert Hired  (Company news)

In January 2018, LaTascha Foster (photo) joined the Case Paper Co. team to develop new business for the company.

With many years of experience working with the creative and printing markets on behalf of numerous paper manufacturers, including International Paper, Monadnock Paper, and most recently Appleton Coated, Foster is well suited for the position. At Appleton Coated, she helped increase sales of their coated free sheet, uncoated offset, inkjet and opaque grades, and C1S Litho paper, earning her multiple Accessories Council of Excellence (ACE) awards.

In her role at Case Paper, Foster will build relationships with the design and creative communities and help promote the company’s converting capabilities and wide product offerings.

“We are thrilled that LaTascha has joined our growing team of business development experts,” says Simon Schaffer, CMO/Vice President of Business Development at Case Paper Co. “Her in-depth knowledge of the paper industry will help us approach new business opportunities with confidence and conviction.”
(Case Paper Company Inc.)

Newsgrafik #119308
 21.02.2018

Year-End Report for Duni AB (publ) 1 January – 31 December 2017  (Company news)

Stable quarter despite strongly increasing raw materials prices

1 October – 31 December
-Net sales amounted to SEK 1,254 m (1,234). Adjusted for exchange rate movements, net sales increased by 1.9%.
-Earnings per share after dilution amounted to SEK 2.55 (2.41).
-The price compensation has not fully offset record-high levels of pulp prices.
-A stable quarter with strong results in Consumer and Meal Service.
-Duni adopts an investment in airlaid capacity for around SEK 50 m for the subsidiary Rexcell Tissue & Airlaid AB. The investment is planned for completion of installation during Q2 2018.

1 January – 31 December
-Net sales amounted to SEK 4,441 m (4,271). Adjusted for exchange rate movements, net sales increased by 3.0%.
-Earnings per share after dilution amounted to SEK 6.99 (7.06).
-Net debt was higher than in the previous year, which is mainly due to acquisitions and an increase in investments.
-The Board of Directors proposes dividend of SEK 5.00 (5.00) per share.
-Acquisition of Sharp Serviettes in New Zealand.
-An investment of SEK 55 m in a logistics property in Germany.

CEO Johan Sundelin (photo) comments:
“Sales in Q4 2017 amounted to SEK 1,254 m (1,234). The sales increase is primarily attributable to the acquisition of Sharp Serviettes in New Zealand during Q2. Excluding acquisitions, sales are generally at the level of the previous year. Operating income was SEK 169 m (171). The slightly lower result is mainly related to strongly increasing raw materials prices, primarily for paper pulp, which cannot yet be sufficiently compensated by market price adjustments. Net income after tax for the quarter was SEK 121 m (113), which is the highest net income ever in a single quarter.

Net debt at the end of the quarter amounted to SEK 855 m. During the last two years, Duni's net debt has increased by around SEK 280 m. This increase is a consequence of the acquisition of Terinex Siam and Sharp Serviettes, as well as a high investment level to strengthen the Group's production and logistics capacity. Nonetheless, the financial position is still strong, with a net debt ratio to the profit before amortization of 1.36 (1.20).

During 2017, great efforts were made to strengthen Duni's delivery capacity. This was affected negatively, however, by capacity shortages in the logistics markets, primarily in Central Europe. Measures to safeguard capacity and delivery capacity will therefore take continued high priority in 2018.

The Table Top business area reported net sales of SEK 641 m (645) and operating income of SEK 121 m (125). Sales were relatively stable in most markets, but with some reduction in the UK and in certain Central European markets. The somewhat weaker result is mainly related to the record-high paper pulp prices. The achievement of price compensation in relation to the market is therefore the most important action for the business area at the start of the new year.

The Meal Service business area increased its net sales to SEK 179 m (171) and its operating income to SEK 7 m (6). After a relatively weak Q3, the business area has now regained its previous growth rate. It is pleasing to note that the market investments which took place during the second half of 2016, which burdened the business area's result for the year, are now beginning to have a positive impact. The business area's growth is mainly attributable to the environmentally-conscious range, for which innovation and product development continue to be very important.

Yesterday, 8 February 2018, Duni acquired 75% of the shares in Biopac in the UK. This is our first acquisition in the Meal Service business area. The company has annual sales of approximately SEK 55 m and is solely focused on sales of environmentally-customized meal products, which was an important consideration for the acquisition.

The Consumer business area’s net sales fell to SEK 317 m (331) while its operating income increased to SEK 32 m (28). The main reasons for the improved result are a low cost level and a more favorable product mix. Like the Table Top business area, Consumer was affected by the high pulp prices. This makes price compensation towards the market a very high priority.

The New Markets business area increased its net sales to SEK 96 m (73) while its operating income fell to SEK 7 m (10). Sales increased mainly as a consequence of the acquisition of Sharp Serviettes, while organic growth was also favorable. During the year, the business area achieved several market investments and organizational improvements, to ensure continued strong organic growth. These investments explain the reduced operating income during the quarter. The primary focus during 2018 is driving growth continuously.

After my first quarter as President and CEO of Duni, and after meeting many of Duni's employees, I can note that Duni is ready to meet the future opportunities and challenges. I therefore look forward with confidence to building a stronger Duni, together with the entire organization,” says Johan Sundelin, President and CEO, Duni.
(Duni AB)

Newsgrafik #119310
 21.02.2018

Heidelberg and WEIG implement new digital business model for folding carton printing  (Company news)

-Heidelberg supplies complete package comprising presses, software, services, and consumables under subscription agreement
-Industry 4.0 solution ensures excellent availability and productivity across entire system
-WEIG can achieve growth targets based on state-of-the-art technology

Growth is on the cards for folding carton producer FK Fürther Kartonagen, which forms part of the WEIG network of companies. In creating a new digital business model, WEIG is drawing on the experience, advice, and technology of Heidelberger Druckmaschinen AG (Heidelberg).

Photo: WEIG Packaging opts for Heidelberg subscription model: (from the left) Siegfried Mahr, Managing Director of WEIG Packaging, Dr. David Schmedding, Head of Corporate & Digital Business Development at Heidelberg, Mike Niebuhr, head of the folding carton plant in Emskirchen, Toni Steffens, Commercial Director of WEIG Packaging, Markus Rinkens, head of procurement at WEIG Group, Harald Degen, Branch Heidelberg Munich and Dirk Kummer, Heidelberg Munich Branch Manager.

“We’re looking to turn our Emskirchen site into a folding carton business that leads the way when it comes to availability and flexibility. We’re therefore entering into a partnership with Heidelberg in which our strategic and business interests are aligned. Under the new business model, Heidelberg will no longer make its money by supplying press components, but solely by achieving agreed productivity and growth targets,” explains Toni Steffens, Commercial Director of WEIG Packaging.

The Heidelberg subscription model follows the growing pay-per-use trend in mechanical engineering and aims to move away from growth based solely on selling and installing printing capacity.
(Heidelberger Druckmaschinen AG)

Newsgrafik #119347
 21.02.2018

Archroma introduces Leucophor® MT, a new cost-effective optical brightening agent ...  (Company news)

... for high whiteness surface applications

Picture: Archroma’s production facility of tetrasulfonated optical brightening agents near Barcelona, Spain. (Photo: Archroma)

Archroma, a global leader in color and specialty chemicals, today announced the introduction of Leucophor® MT liq, a new tetrasulfonated optical brightening agent (OBA) modified to give high whiteness performance in surface applications.

The application of optical brighteners to the surface of paper is usually done by using either hexasulfonated OBAs, when high whiteness levels are required, or tetrasulfonated OBAs, when standard levels of whiteness are sufficient.

With the increasing costs of some of the key raw materials needed to manufacture hexasulfonated OBAs, Archroma asked its R&D experts to develop a tetrasulfonated agent for surface applications that would give comparable levels of whiteness to hexasulfonated grades.

The outcome is Leucophor® MT liq, a REACH-registered, urea-free, modified tetrasulfonated OBA that offers papermakers a new, cost-effective option to achieve high whiteness levels in a surface application, especially at the size press.

Leucophor® MT liq is produced in Archroma’s OBA production facility near Barcelona, Spain, which was extended in 2017 to raise capacity to meet the demands of its European customers.

Andrew Jackson, Product Manager OBAs, Archroma Packaging & Paper Specialties, commented: “With Leucophor® MT liq, we are able to offer a new alternative to both standard tetrasulfonated and hexasulfonated optical brighteners for use in surface applications. This new portfolio option underlines once again Archroma’s continuous commitment to delivering innovation and cost efficiency to our customers, and confirms our position as the leading supplier of OBAs to the paper industry.”
(Archroma Management GmbH)

Newsgrafik #119193
 20.02.2018

OPPORTUNITIES, CHALLENGES AND CELEBRATIONS! - FINAT'S 2018 agenda  (Company news)

This year’s calendar of events and supporting activities offered by the international association for the label and sleeve markets, FINAT, is a full one. It reflects, and addresses, the complex and ever-changing opportunities and challenges in the overall world of packaging today for the benefit of the FINAT membership which, in itself, is a diverse web of companies, from raw material suppliers through inks, printing and application machinery, to converters and contract packers.

Tackling the technical challenges
First on this year’s agenda of international events is the FINAT Technical Seminar – a two-yearly event which attracts high attendances for its astute combination of all the key elements of commercial label production today. Taking place in Barcelona on 7-9 March, this year’s seminar addresses a broad range of topics for printers and converters. Setting the context, keynote speaker Andy Hobsbawm, founder of smart products platform EVRYTHNG, will provide a leading-edge insight into the IoT, and how ‘smart’ products transform brand relationships, business operations, and service experiences.

The programme will go on to address choosing an MIS supplier; the digital print technologies – both stand-alone and in combination with flexo; workflow automation; inks and decoration techniques; and facestocks and finishing. As well as the formal presentations, the seminar will feature parallel troubleshooting workshops where participants can address two arenas of current technical focus and relevance: the flexible packaging and sleeving technologies, and multi-layer, peel-and-reveal label constructions. The event’s accompanying tabletop exhibition and social programme also, of course, offer exceptional opportunities for networking across the extended label industry value chain.

European Label Forum
FINAT’s annual industry event, the European Label Forum, travels this year to Dublin, Ireland, 6-8 June. As in previous years, the program covers a range of issues relevant to the European labels and narrow web packaging industry. Topics on this year’s agenda include the European label industry after Brexit, diversification of the labels and narrow web industry, intelligent packaging, talent development, total cost of ownership of the different printing technologies, the state of affairs in digital label printing, the latest innovations in brand protection, online marketing of your company, as well as the impact of upcoming legislation in food compliant packaging as well as serialization and tamper evidence. Keynote speakers confirmed include TV commentator and spokesman of former British PM Tony Blair, Alastair Campbell, founder of XYZ University, author and expert on intergenerational issues in companies Sarah Sladek, and Professor Noreena Hertz, author, visionary economist, decision-making guru and author with an impressive track record in predicting global trends.

FINAT International Label Competition
The ELF also provides the platform for the prize presentations in the 2018 FINAT International Label Competition. This long-established and prestigious competition – now accepting entries, but closing 23 March (link to entry form) – features a number of technical and marketing/end use categories. For the first time this year, it includes flexible packaging – since it is now an additional option offered by many label converters.

The competition creates a ‘shop window’ of the label industry, and brings recognition and international press coverage for winning companies.

Succession planning
A third live event on the FINAT calendar takes place on 5-7 September in Bucharest, Romania: the FINAT Global Young Managers’ Congress 2018. This creative FINAT initiative represents an opportunity for younger-generation print managers across the globe – whether FINAT members or not – to come together to focus on management skills development in the fast-moving packaging print arena, where a continuing flow of new-generation expertise is essential for the industry’s future.

Technical webinars
Throughout the year, FINAT will host a programme of free-to-attend webinars for members, focussed on technical and recycling matters. Scheduled subjects include intelligent packaging, self-adhesive label dispensing, and RecyClass – the recyclability tool for plastic packaging offered by Plastic Recyclers Europe. One of the subjects covered is the circular economy strategy for plastics, being one of the major substrates for labels, with a webinar dedicated to the general recycling strategy, followed by more detailed webinars on best practices for packaging and label design, and new label marker technologies for better polymer sorint at the recyclers.

On the FINAT RADAR
The association’s website is also home to in-depth market research, published twice a year for the benefit of members in the FINAT RADAR. The summer 2018 edition will feature detailed statistics on the European labelling industry, and the year-end edition will focus on brand owners.

Celebrations!
Confirmation of the high levels of service FINAT has provided to its members is the fact that the association will be celebrating its 60th anniversary in November 2018. Officially established in 1958, FINAT represents unique historical documentation of the self-adhesive label industry from its inception, and is now supporting, and promoting that industry’s ever-widening profile in the world of packaging.
(FINAT)

Newsgrafik #119298
 20.02.2018

Domtar Financial Report: Q4 and Fiscal Year 2017  (Company news)

Our preliminary financial report for fourth-quarter and fiscal year 2017 is in. Highlights from this Domtar financial report include:
-Fourth quarter 2017 net loss of $5.42 per share; earnings before items listed below of $0.64 per share
-Price increases announced for pulp and several uncoated freesheet grades
-A 4.8 percent dividend increase

Quarterly Review
Domtar reported a net loss of $340 million ($5.42 per share) for the fourth quarter of 2017 compared to net earnings of $70 million ($1.11 per share) for the third quarter of 2017 and net earnings of $47 million ($0.75 per share) for the fourth quarter of 2016. Sales for the fourth quarter of 2017 were $1.3 billion.

Excluding items listed below, Domtar reported earnings of $40 million ($0.64 per share) for the fourth quarter of 2017 compared to net earnings of $65 million ($1.03 per share) for the third quarter of 2017 and net earnings of $47 million ($0.75 per share) for the fourth quarter of 2016.

Operating loss was $512 million in the fourth quarter of 2017 compared to operating income of $89 million in the third quarter of 2017. Depreciation and amortization totaled $82 million in the fourth quarter of 2017.

Excluding items listed below, operating income was $59 million in the fourth quarter of 2017 compared to a net operating income of $83 million in the third quarter of 2017.

Fourth Quarter 2017 Items:
-Non-cash goodwill impairment charge associated with Personal Care of $578 million ($573 million after tax)
-Closure and restructuring costs of $2 million ($1 million after tax)
-Deferred tax benefit of $186 million related to the U.S. Tax Cuts and Jobs Act of 2017 (U.S. Tax Reform)
-Net gain on disposal of property, plant and equipment of $9 million ($8 million after tax)

“As expected, higher maintenance and seasonally higher operating costs impacted our fourth quarter Pulp and Paper results,” said John D. Williams, President and Chief Executive Officer. “Nevertheless, pulp price realizations were higher, and we shipped record volumes of tissue grade and fluff pulp. Recently announced price increases across a number of pulp and paper grades are expected to drive continued momentum into 2018.”

Commenting on Personal Care, Williams added, “While we had good results in 2017, we have concluded that the performance of our Personal Care business will continue to be impacted by an increasingly competitive market. We remain optimistic about the long-term growth trajectory of the absorbent hygiene market; however, this increasingly competitive market will negatively impact our sales, and we expect the environment to remain challenging for the foreseeable future. Importantly, the goodwill impairment charge is non-cash. It does not alter our current financial flexibility, and our overall cash generating capabilities remains strong.”

Fiscal Year 2017 Highlights
As a result of its annual goodwill and indefinite life intangible assets impairment tests, Domtar recorded a non-cash goodwill impairment charge of $578 million associated with Personal Care. Growing competitive market pressures in the healthcare and retail markets over fiscal year 2017, including the entry of new competitors in the private label category, excess industry capacity and the decline of healthcare spending by governmental agencies, are expected to result in lower than previously anticipated sales and operating margins. In light of this weakened market outlook, our current business forecast was not sufficient to support the carrying value of the goodwill associated with Personal Care, leading to the impairment.

Commenting on the fiscal year 2017 results, Williams said, “We generated nearly $450 million of operating cash flow and continued our solid track record of rewarding shareholders with a high payout ratio while maintaining financial flexibility. Our performance, combined with our confidence in our cash flow generating capabilities, enables us to announce a 4.8 percent dividend increase. Looking ahead, we remain focused on maximizing long-term profitability and value creation.”

Outlook
In 2018, costs, including freight, labor and raw materials, are expected to marginally increase. Our paper shipments should benefit from expected industry capacity closures, while paper prices should improve following the recently announced price increases and pulp will benefit from volume growth in fluff. Personal Care is expected to be negatively impacted by an unfavorable tender balance, resulting in lower volume and operating margins.
(Domtar Inc.)

Newsgrafik #119300
 20.02.2018

XcelLine from Voith: Highest performance from the full-line supplier for tissue production  (Company news)

-Increase in demand for XcelLine tissue machines since 2015
-Outstanding technology coupled with easy use
-Voith is a full-line provider, from financing to service

Photo: In October, Voith Paper completed the commissioning of the new XcelLine tissue machine VTM 3, which will be delivered to the tissue and special paper manufacturer Little Rapids Corporation, located in Shawano, Wisconsin, USA.

The XcelLine paper machines from Voith make the production of tissue paper significantly more efficient. Since 2015 customers around the world have purchased over 20 machines, including the world’s fastest tissue machine with a steam-heated dryer hood.

Just at the end of August 2017, The Navigator Company, one of the leading pulp and paper manufacturers in Europe, signed a contract with Voith for the delivery of a new XcelLine machine for the production of tissue paper. Voith continues the success of their XcelLine with the machine, which will start production in the second half of 2018. Since 2015, the company has sold over 20 new machines to manufacturers of sanitary paper and received numerous orders for the modernization of machines with XcelLine components. A clear indicator that producers around the world are also expecting increased demand for tissue in the coming years. The global paper market study “World Paper Markets up to 2030” by Pöyry Management Consulting also confirms the upward trend. According to the study, the annual demand for tissue and hygiene products should increase by up to 2.9 percent worldwide.

The high demand for Voith XcelLine tissue machines proves the great trust in and satisfaction manufacturers have with the new generation of paper machines from Voith. After all, every component in the XcelLine is designed to ensure maximum efficiency with a minimum amount of energy used. Through faster production, for example. The new line for The Navigator Company is designed for an operating speed of 2,000 m/min. This is state-of-the-art technology. The equipment includes numerous components and systems which increase energy efficiency and user-friendliness, such as a Pluralis refining system, a MasterJet headbox, a steel EvoDry T Yankee dryer cylinder and an EcoHood T dryer hood. Delivery also includes Papermaking 4.0 functions, with the integration of the ComCore automation platform. These digital technologies make it possible to optimize machine efficiency, reduce energy costs and increase paper quality and process reliability. Above all, process stability is desired in many booming markets. “The demand for tissue is growing strongly in countries where manufacturers often have difficulty finding qualified employees. That is why we put great value on the simple and safe operation of our machines and also offer extensive training,” explains Dr. Martin Tietz, Global Product Manager Tissue at Voith.

The basic principles of the Voith engineers promise a smooth project course to the customer. Impressive success stories were the fast commissionings of four XcelLine machines at Lee & Man in China in 2017. There, it took only 4 days for the TM 12 to be able to produce at maximum speed. The TM 11 started up in a new record time as it took only 18 minutes from “stock on wire” to “paper on reel”.

The TM 16 for Cheng Loong in Taiwan, which went into operation in 2016, also set new technical standards. With a steam-heated dryer hood, it produces up to 2,001 meters of tissue every minute, making it the fastest machine of its kind. This steam-heated dryer hood is just one of many innovations from Voith which increase paper quality and manufacturing efficiency. Many of these developments have long since become standard in production for many tissue manufacturers. For example, the shoe press which other paper machine manufacturers either build under license or purchase directly from Voith.

Along with outstanding technology, good project management in the construction of new machines plays a crucial role for fast commissioning. The new VTM 3 for Little Rapids was able to go into production in October 2017, six days before the contractually agreed-upon date, while the machine’s downtime from paper to paper was just 30 days – that’s from the dismantling of the previous machine to the construction and startup of the new machine. In addition to this extraordinary performance, the second jumbo roll was already of marketable quality, and the machine reached its maximum operating speed within the first week of operation. “We are very proud of the teamwork from everyone involved to execute the new construction inside a very tight time frame. Furthermore, the performance we observed in this early phase of commissioning the machine is extremely promising, and we are optimistic that our customers will appreciate the additional capacity and improvements in quality we have achieved with this investment,” said Ron Thiry, Vice President and General Manager of Little Rapids Corporation.

The reason for the smooth commissioning and high customer satisfaction is largely the project and product management of the Voith engineers. Under the heading Process Line Package (PLP), customers can purchase a new machine practically ready to use. The package includes all the components and units necessary for operation, as well as extensive training for employees. Voith also offers solutions for financing a project. The Voith Corporation’s vast experience with major projects all over the world simplifies the creation of a tailored financing framework for customers. Voith will also accompany the entire lifecycle of an XcelLine machine with a broad range of services. Particularly with the OnSite Yankee Service, Voith offers numerous technologies which ensure extensive, reliable and quickly available service directly on site with a customer.

In the Tissue Technology Center in São Paulo, Brazil, Voith customers can get their hands on a modularly constructed test machine that covers the entire product range – from standard to structured premium grades. It is also equipped with a stock preparation and a water treatment system. New tissue products undergo targeted development and are brought to marketability with customized test series. For over 20 years, Voith has offered its customers unique opportunities for testing new technologies, thus reducing investment risks.
(Voith Paper GmbH & Co KG)

Newsgrafik #119301
 20.02.2018

KapStone Reports 2017 Fourth Quarter And Full Year Results  (Company news)

KapStone Paper and Packaging Corporation (NYSE:KS) reported preliminary results for the fourth quarter and year ended December 31, 2017.

As compared to 2016's fourth quarter, results for 2017's fourth quarter:
-Net sales of $859 million, up $81 million, or 10 percent
-Net income of $188 million, up $169 million, or 924 percent
-Diluted EPS of $1.90, up $1.71 per share, or 900 percent

Non U.S. GAAP financial measures for 2017's fourth quarter as compared to 2016's fourth quarter:
-Adjusted EBITDA of $136 million, up $44 million, or 48 percent
-Adjusted net income of $50 million, up $27 million, or 115 percent
-Adjusted diluted EPS of $0.51, up $0.27 per share, or 113 percent

As compared to the year ended December 31, 2016, results for the year ended December 31, 2017:
-Net sales of $3,316 million, up $239 million, or 8 percent
-Net income of $244 million, up $158 million, or 182 percent
-Diluted EPS of $2.47 up $1.59 per share, or 181 percent

Non U.S. GAAP financial measures for the year ended December 31, 2017 as compared to 2016's year:
-Adjusted EBITDA of $437 million, up $53 million, or 14 percent
-Adjusted net income of $130 million, up $23 million, or 21 percent
-Adjusted diluted EPS of $1.32, up $0.22 per share, or 20 percent

Matthew Kaplan, President and Chief Executive Officer, stated, "Eleven years ago, we began a journey to build a world-class paper and packaging company with the resources and skills of our largest competitors— that focused on maximization of stockholder value and that treated our customers and employees like a small, family-oriented company. On January 29, 2018, we announced signing a definitive agreement to be acquired by WestRock for $35.00 per share, subject to customary closing conditions, including KapStone stockholder approval. We believe this acquisition is a compelling transaction for our stockholders and an exciting development for both KapStone and WestRock."

Fourth Quarter Operating Highlights
Consolidated net sales of $859 million in the fourth quarter of 2017 were $81 million higher than 2016, reflecting higher prices for containerboard and corrugated products. Tons of paper sold in the paper and packaging segment increased to 731,000 tons during the fourth quarter of 2017 compared to 724,000 tons a year earlier. The Company's average mill selling price of $698 per ton in the fourth quarter of 2017 was higher by $81 per ton compared to the fourth quarter of 2016 due to the combined impact of higher export and domestic containerboard selling prices and kraft paper prices. Average mill selling prices were flat compared to the third quarter of 2017. Distribution segment sales increased by $14 million compared to the prior year quarter due to higher prices, partially offset by lower volume.

Net income of $188 million for the 2017 fourth quarter increased by $169 million compared to the 2016 fourth quarter. The current quarter includes a provisional tax benefit of $144 million associated with the passage of the Tax Cuts and Jobs Act on December 22, 2017. The tax benefit consists of a non-cash adjustment to re-measure deferred income tax liabilities at the new 21 percent federal statutory income tax rate compared to the prior 35 percent income tax rate.

Adjusted EBITDA for the fourth quarter of 2017 of $136 million increased by $44 million compared to the fourth quarter of 2016 as follows:
-$57 million due to higher selling prices,
-Higher sales volume of $3 million,
-Productivity improvements and cost savings of $10 million, and
-$6 million due to the impact of Hurricane Matthew in 2016, which did not recur.

These items were partially offset by:
-Higher compensation and benefit costs of $16 million,
-$7 million of higher planned maintenance outages, and
-Inflation of $8 million driven by higher OCC costs.

The effective income tax rate for the fourth quarter of 2017, when excluding the impact of the new tax law, was 31.4 percent compared to 32.6 percent for the fourth quarter of 2016.

Full Year Operating Highlights
Consolidated net sales for the year ended December 31, 2017, were $3,316 million, an increase of 8 percent, compared to 2016 sales of $3,077 million. The increase was due to higher prices, a better product mix and higher volumes in the paper and packaging segment. The Company's average mill selling price of $677 per ton in 2017 was higher by $54 per ton compared to 2016 due to the combined impact of higher export and domestic containerboard selling prices and kraft paper prices. Distribution segment sales increased by $31 million compared to 2016 due to higher prices, partially offset by lower volume.

Net income of $244 million for the year ended December 31, 2017 was higher than 2016's $86 million by $158 million. The increase was mainly due to a provisional tax benefit of $144 million based on the new tax law enacted on December 22, 2017.

Adjusted EBITDA for 2017 of $437 million increased by $53 million compared to 2016 as follows:
-$155 million due to higher selling prices,
-Higher sales volume and improved operating performance of $10 million, and
-$6 million due to the impact of Hurricane Matthew in 2016, which did not recur.

These items were partially offset by:
-$35 million of higher compensation and benefit costs,
-Inflation of $43 million driven by higher OCC costs, and
-Higher planned maintenance outage costs of $14 million.

The effective income tax rate for the year ended December 31, 2017, when excluding the impact of the new tax law, was 33.2 percent compared to 32.7 percent for 2016.

Cash Flow and Working Capital
Cash and cash equivalents increased by $17 million during the current quarter to $28 million at December 31, 2017. The Company generated $150 million of net cash from operating activities during the fourth quarter of 2017. Capital expenditures in the fourth quarter of 2017 were $30 million. The Company paid $10 million of dividends and made a voluntary debt repayment to reduce term loan borrowings by $80 million in the fourth quarter of 2017.

Cash and cash equivalents decreased by $1 million during 2017 compared to December 31, 2016, reflecting cash provided by operating activities of $325 million, $138 million for capital expenditures, and $34 million for a strategic investment to increase mill integration. Cash used by financing activities totaled $155 million reflecting $155 million of voluntary debt prepayments and $39 million of cash dividends paid to stockholders, partially offset by $39 million of net proceeds from the receivables credit facility.

At December 31, 2017, the Company had approximately $405 million of working capital and $486 million of revolver borrowing capacity.
(KapStone Paper and Packaging Corporation)

Newsgrafik #119302
 20.02.2018

Appvion Enters into Sale Agreement to Position Business for Long-Term Success   (Company news)

Appvion, Inc. (the "Company") announced that it has filed a motion in the U.S. Bankruptcy Court for the District of Delaware for approval of a stalking horse asset purchase agreement bid from a group of its lenders (the "Purchaser") to acquire substantially all of Appvion's assets in a sale process under Section 363 of the Bankruptcy Code.

"After evaluating options to address our capital structure and conducting extensive negotiations with our lenders, we determined that a sale would be the best path forward for Appvion," said Kevin Gilligan (photo), Chief Executive Officer of Appvion. "We expect that the sale process will be seamless for our stakeholders and will not disrupt our operations. This process will bring a timely and efficient conclusion to our restructuring and ensure that our company emerges as a healthier, financially-stable business poised to compete long term in the specialty paper market and further invest in the innovation that has made Appvion a market leader."

Gilligan continued, "We believe that launching the sale process with a going-concern offer from the Purchaser – a long-term lender to and supporter of our business – is the best option for Appvion. The transaction would maximize the value of our assets and create the optimal long-term outcome for our employees, customers, and vendors. Importantly, this transaction would result in a substantially deleveraged balance sheet for Appvion, upon which to continue executing our business strategy. We are confident that Appvion would be an even stronger partner to all of our stakeholders in the years to come as a result of this transaction."

The agreement with the Purchaser, which is subject to higher or otherwise better offers, provides a total consideration of $325 million plus the assumption of substantial liabilities. Pursuant to Section 363, Appvion intends to implement bid procedures to allow other qualified bidders the opportunity to submit competing bids through a court-supervised sale process.

The Court is scheduled to consider the proposed bid procedures on March 1, 2018. Appvion has requested authorization to proceed with an auction on April 23, 2018, provided the Company receives qualified overbids no later than April 19, 2018, at 4:00 p.m. (ET). The Company would then select the best bidder for the ongoing business at the conclusion of the auction, as applicable, and seek approval of the sale to the Purchaser, or the successful bidder, at a hearing shortly thereafter.

Interested bidders are encouraged to contact Alexander Rohan at Guggenheim Securities at (212) 823-6648.

As previously announced, on October 1, 2017, Appvion and certain of its subsidiaries filed voluntary Chapter 11 cases to facilitate a balance sheet restructuring and better position the business for long-term growth and success.

DLA Piper is serving as legal counsel to Appvion, Guggenheim is serving as the Company's investment banker, and AlixPartners is providing Chief Restructuring Officer services.
(Appvion Inc.)

Newsgrafik #119346
 20.02.2018

Kelheim Fibres increases prices for viscose fibres  (Company news)

Kelheim Fibres GmbH will increase prices for all viscose fibre types by a minimum of €0,10/kg with immediate effect. The European market price for caustic soda has risen by 35% since the third quarter of 2017, with extremely tight availability, and this has a direct effect on fibre production cost.

Photo: Viskosespezialität Viloft

Matthew North, Commercial Director of Kelheim Fibres GmbH comments as follows: “We have been confronted with a price increase of just under €200 per tonne, and the level of the increase forces us to adjust fibre prices accordingly.”

The Kelheim sales team will shortly be contacting customers on this matter.
All existing agreements and obligations will of course be fulfilled.
(Kelheim Fibres GmbH)

Newsgrafik #119284
 19.02.2018

Durst launches P5 next-generation technology platform  (Company news)

Durst, a manufacturer of advanced digital printing and production technologies, has launched a new printing platform – the P5 series. The first member of the family is the large format printing flagship, P5 250 HS, with shipping starting from April.

The P5 250 HS is targeted towards high volume industrial production, as well as one-offs in offset quality. P5 relates to five core features at the heart of this technology: productivity, reliability, workflow, versatility and print quality.

The P5 technology consists of a series of new generation printers along with newly, in-house developed software and workflow solutions. The family also has state of the art, touch operation based userinterfaces and leading-edge remote service capabilities. Everything is aimed and streamlined to maximize performance and uptime of the printing family, along with unparalleled flexibility in media and job handling.

Durst’s iconic industrial design, which was originally developed by the famous Ottl Eicher, has gone a further step with the P5. A design studio from Munich canvassed opinions from many customers and operators with a view to integrating their wishes into a new concept. This has been achieved for the P5 – and feedback will be incorporated into many Durst product lines in the future.

When compared to the industry benchmark – Durst P10 250 HS – the new P5 is 70% more productive. Featuring latest MEMS nozzle plates powered by Durst proprietary data-path and electronics, the result is a high-speed printing system with ultra precise drop placement and industrial level reliability.

Durst P5 technology features:
- Print volume capability in two-pass mode up to 240 sqm/h and high resolution modes of 1200 dpi
- Offset printing quality with a drop-size of 5 pcl
- Durst Analytics information platform for pre-emptive maintenance and detailed machine and consumption data to guarantee maximum uptime
- Durst Workflow, which provides an in-house developed suite of applications custom tailored for Durst printers and with unique features - beyond ripping.

Christoph Gamper, Chief Executive of Durst Group, said: “The new P5 platform, including workflow software and advanced service tools, represents our key strategy to further invest into large format printing technology and further afield. We believe that there is a lot to explore in this market space and the P5 250 HS is our first statement. In an integrated world, printers need to change as well. With the P5 family we provide tools for change and profit – and our firm commitment to continue to lead the innovation in the large format market.”
(Durst Phototechnik AG)

Newsgrafik #119287
 19.02.2018

Stora Enso launches bio-based lignin as renewable replacement for oil-based phenolic materials  (Company news)

The launch of LineoTM by Stora Enso is another important step on the way to replacing fossil-based materials with renewable solutions. Lineo is available to companies seeking more sustainable, bio-based alternatives.

Lignin is one of the main building blocks of a tree and makes up 20-30% of the composition of wood. Yet it has traditionally been discarded by the pulp and paper industries. However, Stora Enso has recognised the potential of this versatile raw material, which can be used in a range of applications where fossil-based materials are currently used.

Lignin is a renewable replacement for oil-based phenolic materials which are used in resins for plywood, oriented strand board (OSB), laminated veneer lumber (LVL), paper lamination and insulation material.

Markus Mannström, Executive Vice President of the Stora Enso Biomaterials division, says, “Having increased our lignin focus in recent years, we’re delighted to launch Lineo. Lignin is a non-toxic raw material with traceable origin and stable cost structure, and bio-based Lineo is ideal for companies looking for alternatives to oil-based products. We believe that everything made from fossil-based materials today, can be made from a tree tomorrow.”

Stora Enso has been producing lignin at industrial scale since 2015 at its Sunila pulp mill in Finland. The mill’s capacity is 50 000 tonnes of lignin per year, making Stora Enso the largest kraft lignin producer in the world. Stora Enso is already selling Lineo to replace phenol, and the company is also looking at many other applications for this very versatile material.

A stable, free-flowing brown powder, Stora Enso’s lignin is separated during the kraft pulping process of Nordic softwood. Lineo has a high dry content, superior dispersibility and long storage time. With a higher reactivity and purity, Lineo is consistent from batch to batch and Stora Enso can supply different levels of dryness, according to customer demand.
(Stora Enso Oyj)

Newsgrafik #119289
 19.02.2018

Nippon Paper Industries Decides to Build a Demonstration Plant for New Functional Materials ...  (Company news)

... "MinerPa®" at Fuji Mill

Promoting the development of applications through large-scale sample work

Nippon Paper Industries Co., Ltd. (President: Fumio Manoshiro; hereinafter "the Company") announced to build a demonstration plant at Fuji Mill (Fuji-City, Shizuoka Prefecture) to drive the development of practical applications of "MinerPa®"; a set of new functional materials created by compounding particulate minerals and wood pulp (cellulose fibers) using the Company's own unique pulp-modification technologies.

Photo: Surface of MinerPa® fiber

Utilizing papermaking technologies developed over the course of many years in the industry, particularly through a combination of pulp manufacturing techniques and unique mineral manufacturing knowhow, the Company has developed a unique technology for densely bonding mineral particles onto the surface of cellulose fibers. Using this technology, the Company has created "MinerPa®": a set of completely new functional materials consisting of wood pulp (cellulose fibers) covered with mineral particles. In addition to showing the functional properties derived from various mineral particles, "MinerPa®" also show the characteristics and advantages of wood pulp (cellulose fibers), so can be processed into various types of materials such as wet pulp, sheets, boards (laminates) and powder. Using wood -which is a renewable resource- as the basic raw material, it has now become possible to provide "MinerPa®" with a content ratio of up to 90% mineral particles, and there are high expectations for the development of practical applications in a wide range of fields.

The Company has already begun the pre-marketing of "MinerPa®" since February 2017 with three different types of functions (deodorizing/antibacterial properties, flame retardancy and X-ray radiation shielding effects) . Besides, the Company is now working to develop the technologies of "MinerPa®" with new functionalities such as antiviral properties to meet the customer demands.

The newly introducing "MinerPa®" demonstration plant will start up the operation in October 2018 with an annual production capacity of more than 450 tons, and we are able to supply a large-scale sample. We will continue to search for promising business areas and work for developing new applications.

Under the slogan "Shaping the future with trees," the Company will continue contributing to better living and cultural progress in the future based on the technological capabilities developed through papermaking.

The Company will also be exhibiting "MinerPa®" at its exhibition booth at Neo Functional Material 2018, which is scheduled to be held at Tokyo Big Sight from Wednesday, February 14, until Friday, February 16, 2018. Please visit our booth as the opportunity to experience "MinerPa®" directly.
(Nippon Paper Industries Co Ltd)

Newsgrafik #119291
 19.02.2018

Smurfit Kappa Fourth Quarter and Full Year Results 2017  (Company news)

Smurfit Kappa Group announced results for the 3 months and 12 months ending 31 December 2017.

Fourth Quarter and Full Year Key Points
-Group revenue growth of 7% for the fourth quarter and 5% for the full year
-Fourth quarter EBITDA up 10% year-on-year with reported full year EBITDA of €1,240 million
-Full year ROCE at 15.0% in line with Group target
-Solid free cash flow generation of €307 million for the year
-Net debt to EBITDA of 2.3x
-Final dividend increase of 12% to 64.5 cent per share

Performance Review and Outlook
Tony Smurfit (photo), Group CEO, commented:
“I am pleased to report EBITDA for the fourth quarter of €351 million, an increase of 10% year-on-year. Our EBITDA margin for the quarter at 15.9% also improved both year-on-year and on a sequential basis. Our full-year EBITDA was €1,240 million, a record for the Group, with an EBITDA margin of 14.5%.

“Our full year result was delivered against a backdrop of an increase in excess of €120 million in recovered fibre costs, generally higher raw material costs and adverse currency movements.This improved result for the year, and more importantly for the fourth quarter, reflects the benefits of our continued focus on offering our customers cost effective and innovative solutions, our capital expenditure program, input cost recovery through paper and box price increases and generally strong markets. We also continue to benefit from the Group’s geographic reach and integrated model, which support our customers by ensuring security of supply in very tight markets.

“Our European business showed very strong progression for the quarter, growing its margin to 16.5%. This strong performance came as a result of high levels of demand across most product lines and input cost recovery. Security of supply for our customers is key for us and we have been investing accordingly.

“In the Americas, reported EBITDA of €311 million and a 14.4% margin came in below our expectations. The result was impacted by a number of factors including increased recovered fibre costs, adverse weather events in the latter half of the year, the continued rise in containerboard prices where we are a significant net buyer of approximately 300,000 tonnes and adverse currency moves. During the fourth quarter, some countries experienced an unexpected slowdown which now shows signs of reversing. The region has been progressing its input cost recovery through 2017 and this will continue into 2018.

“Our two most recent acquisitions in Russia and Greece are integrating well. The Group remains ready to further expand our geographic footprint through acquisition where we can deliver long-term value creation.

“Our net debt to EBITDA ratio at 2.26x is at the lower end of our stated range.

“As we start 2018, the benefits of paper-based packaging are being increasingly recognised as the most sustainable, biodegradable solution for both our customers and their end customers. SKG continues to invest and develop these innovative and sustainable packaging applications which will further broaden our product portfolio. These investments will continue to ensure security of supply for our customers and help them address growing trends such as e-commerce and increasing supply chain complexity.

“SKG is a leader in the area of corporate social responsibility, which has been recognised by a number of third party organisations, and we are committed to supporting the communities in which we operate.

“While we continue to experience currency volatility, wage inflation as well as higher energy and other input costs, 2018 has seen the continuation of good demand in Europe, further input cost recovery and signs of improvement in our Americas business. The Group has exciting plans in place to continue our development and sustain our industry leadership into the future”.
(Smurfit Kappa Group Headquarters plc)

Newsgrafik #119318
 19.02.2018

RISI Announces The 2018 European CEO of The Year Award  (Company news)

Miles Roberts of DS Smith selected as this year’s winner

RISI, the leading information provider for the global forest products industry, announced that Miles Roberts, Group Chief Executive of DS Smith, has been named RISI’s 2018 European CEO of the Year. RISI will present this award at the European Conference, which will take place in Barcelona, Spain on March 5-7, 2018.

RISI’s European CEO of the Year Award is nominated by a group of investment analysts, industry consultants and commentators covering the European and global pulp and paper industry.

Reasons cited by nominators of Roberts to win the award were: “Miles Roberts has been able to navigate the volatile OCC and containerboard situation without missing a beat, in terms of growing earnings and cash flows. Despite the full price paid, it seems as if the Interstate Resources deal is going well. Since this transaction was announced last June, earnings and cash flow estimates for DS Smith have increased, and the company’s share price has rallied more than 15% to £5.11 at the 19th January close from £4.40 at the time of the Interstate deal announcement. By gaining exposure to kraftliner, DS Smith mitigates its substantial net short position at a time when global supplies of kraftliner are tightening. Furthermore, DS Smith continues to capture margin by providing creative service/product enhancements to its myriad customers”.

Another said: “DSS just announced their second HP T1100 Digital Press (Europe) so they really have embraced this technology. As far as the US is concerned, I visited two DSS plants recently. Both plants are planning some upgrades. DSS announced two green field plants on the East Coast…If they keep moving at this pace they will drag the US into the 21st century in terms of box construction.”

Miles Roberts was appointed Group Chief Executive of DS Smith on 4 May 2010. At DS Smith, he has implemented a clear strategy to become a leading provider of corrugated packaging in Europe.

Under his leadership, the Company has grown organically and via a number of acquisitions, including SCA Packaging, Duropack, Grupo Lantero and Interstate Resources. It is now present in 37 countries, employing around 27,000 people, and was elevated into the FTSE 100 in December 2017.

He was previously Chief Executive of McBride plc from July 2005 until April 2010, having originally joined as its Group Finance Director in January 2002. Prior to that, Miles was Finance Director of Costain. He is a non-executive director of Aggreko Plc.

Born in Tynemouth on the 14th of February 1964, Miles attended Stanley Technical High in South Norwood before graduating from Bristol with a degree in Civil Engineering. He began his career as an engineer for Ove Arup.

Miles is married with four children. He enjoys tennis, sailing, skiing and golf.
(RISI)

Newsgrafik #119321
 19.02.2018

Progroup on course for continued growth: construction of another paper factory and up to four ...  (Company news)

...corrugated sheetboard plants planned by 2021

Progroup is on course for continued growth and can reflect on a successful anniversary year. Sales increased in 2017 by 9.69% to around 804 million euros. This success is based on the consistent implementation of its Two Twentyfive strategy. With Europe’s fastest organically growing corrugated board manufacturer having started the construction of a new mega-corrugated sheetboard plant in Ellesmere Port (United Kingdom) back in October of last year and this month having started production in its latest corrugated sheetboard plant in Drizzona (Italy), Progroup is now announcing further expansion plans. With the construction of up to four more corrugated sheetboard plants between 2019 and 2021 in Central Europe and the start of the active phase of preparation for the construction of another paper factory for containerboard in Germany, which is scheduled to start production in 2021, Progroup is embarking on the intensive phase of its Two Twentyfive expansion strategy.

Progroup on course for continued growth
In the anniversary year in which “25 years of Progroup” were celebrated, Progroup was again able to record a successful year, as is demonstrated by excellent figures: Sales increased in 2017 by 9.69% to around 804 million euros following sales of 733 million euros in 2016. For the first time, the company managed to exceed the production capacity of one million tonnes of corrugated sheetboard within one financial year. The drivers of this consistently positive trend were a good economic environment, the new corrugated sheetboard plants in Plößberg and Trzcinica, but also the performance of all plants, the good sales performance, and not least the excellent cooperation of all employees.

Four more corrugated sheetboard plants between 2019 and 2021
Progroup is consistently pursuing its Two Twentyfive strategy. After the company announced the construction of two corrugated sheetboard plants in Italy and the United Kingdom at the beginning of 2017, the new corrugated sheetboard plant in Drizzona (Italy) will start production this month and the most productive mega-corrugated sheetboard plant in Ellesmere Port (United Kingdom) will start operating as scheduled at the end of the third quarter of 2018. This means that by the end of 2018 the production capacity for corrugated sheetboard will be approx. 3,000 million m²/year. In order on the one hand to retain and consolidate its cost leadership and position as one of the leading manufacturers of corrugated board in Europe and on the other to ensure that the company continues to be able to maintain the expected level of market growth and meet its customers’ requirements in respect of reliability of supply and the quality of products, between 2019 and 2021 Progroup is planning to open up to four more corrugated sheetboard plants in Central Europe. This increases the total production capacity to approx. 4,200 million m²/year.

State-of-the-art paper machine for containerboard
The increasing demand for consistently high-quality containerboard, owing to the growing production capacity for corrugated sheetboard at Prowell, is to be covered predominantly by cost-efficient and highly flexible production in-house. Progroup has therefore actively begun to make preparations for the construction of another paper factory located in Germany. The current thinking is that the start of production for the new, state-of-the-art paper machine is set for 2021 and, following a start-up phase, it will provide a further production capacity of around 750,000 tonnes of containerboard. Together with the two paper factories PM1 in Burg and PM2 in Eisenhüttenstadt, which are already manufacturing products in Germany, the total annual production capacity of containerboard will then increase from 1,100,000 tonnes to around 1,850,000 tonnes.
(Progroup AG)

Newsgrafik #119268
 16.02.2018

Mimaki launches new website with focus on endless application possibilities  (Company news)

Features more interactive and intuitive user experience and fresh corporate look

Mimaki, a leading manufacturer of wide-format inkjet printers and cutting systems, announced the launch of a brand-new Mimaki Europe website. The new site is designed to provide visitors with a more interactive and intuitive user experience, inspiring them with the endless application possibilities enabled by Mimaki’s broad array of digital printing and cutting solutions.

“Websites should never be static; they need to be frequently refreshed,” said Danna Drion, Senior Marketing Manager EMEA at Mimaki Europe. “With the launch of this totally redesigned site, Mimaki Europe has taken this to heart by researching the most current and effective web design trends, gathering visitor feedback and more to create what we believe will be a highly inspirational experience for visitors. Not only will visitors have faster and easier access to information about Mimaki solutions, they will also be inspired by a very wide range of applications to take their own businesses to new levels of profitability and competitiveness. On top of that, we will feature more educational material, informative blogs, and customer stories for a truly quality experience. We are also pleased to unveil a fresh corporate look with the launch of our new website.”

Visit the new Mimaki website at www.mimakieurope.com, and prepare to be inspired!
(Mimaki Europe B.V.)

Newsgrafik #119269
 16.02.2018

GLATFELTER REPORTS FOURTH QUARTER 2017 RESULTS  (Company news)

~ Announces plan to explore strategic alternatives for Specialty Papers Business Unit ~

Glatfelter (NYSE: GLT) reported a net loss of $10.1 million, or $0.23 per share for the fourth quarter of 2017 compared with a net loss of $16.2 million, or $0.37 per share in the fourth quarter of 2016. Adjusted earnings for the fourth quarter of 2017 was $15.0 million, or $0.34 per diluted share compared with $17.6 million, or $0.40 per diluted share, for the same period a year ago.

On an adjusted basis, earnings before interest, taxes, depreciation and amortization and excluding pension expense (“Adjusted EBITDA”) for the three months ended December 31, 2017 and 2016, totaled $41.5 million and $41.7 million, respectively. Adjusted earnings and Adjusted EBITDA are non-GAAP financials measures for which reconciliations to the nearest GAAP-based measure are provided within this release. Consolidated net sales totaled $399.9 million and $390.9 million for the three months ended December 31, 2017 and 2016, respectively. Composite Fibers’ and Advanced Airlaid Materials’ net sales increased, on a constant currency basis, by 7.7% and 3.1%, respectively. Specialty Papers’ net sales declined 6.9% in the quarter-over-quarter comparison.

“Our fourth-quarter operating performance reflects continued strength of our engineered materials businesses,” said Dante C. Parrini, Chairman and Chief Executive Officer. “Composite Fibers delivered a 22% increase in operating income compared with the fourth quarter of 2016. Earnings were driven by strong volume growth of 18%, as well as improved operating efficiencies and cost optimization initiatives. Advanced Airlaid Materials grew operating profit by 9% over the fourth quarter a year ago with shipments up 2%. Demand for our airlaid products remains strong as this business brings new capacity to the market, with shipments from Fort Smith, Arkansas on schedule for the first quarter. Our fourth quarter’s results, on an adjusted earnings basis, also benefited from an unusually low effective tax rate of 6.7%.”

Mr. Parrini said, “Our Specialty Papers business continued to face challenging market conditions which, when coupled with operating inefficiencies, led to lower profitability during the quarter. We are encouraged by recent announcements of price increases and additional industry capacity being taken out of the market which should be constructive for the business going forward. Our focus remains on aggressively pursuing cost efficiencies and process improvements to improve profitability.

As we look ahead into 2018, we expect our cash flow profile to improve significantly with the completion of our major capital programs. For our Airlaid business, we are in the process of completing customer qualifications and product testing for our new Fort Smith facility which is on schedule for commercial shipments later in the first quarter. We expect to deliver 10% to 15% volume growth in 2018 as a result of this new capacity. For Composite Fibers, we expect solid shipment growth as demand remains strong. For Specialty Papers, we are encouraged by recently announced price increases in uncoated free sheet and carbonless products while we remain focused on operational factors that are in our control.”

Mr. Parrini concluded, “Our Board of Directors and management team regularly evaluate opportunities to enhance shareholder value and have decided to explore a range of potential strategic alternatives for Specialty Papers. Our strategic review process reflects a strong commitment to maximizing shareholder value by accelerating the growth potential for Composite Fibers and Advanced Airlaid Materials, and determining the best option for Specialty Papers.”

A possible outcome of the strategic review process may include, but is not limited to, the sale of the Specialty Papers business. At this time, the Company’s Board has not set a timetable for the completion of the process nor has it made any decisions related to any specific strategic alternatives. There can be no assurance that the review of strategic alternatives will result in a particular outcome. The Company does not intend to provide any updates unless or until it determines that further disclosure is appropriate or necessary. The Company has retained Credit Suisse as its financial advisor to assist in the review of strategic alternatives for the Specialty Papers business.

Outlook
Composite Fibers’ shipping volumes in the first quarter of 2018 are expected to be in line with the fourth quarter. Selling prices and raw material and energy prices are expected to be slightly higher compared with the fourth quarter.

Advanced Airlaid Materials’ shipping volumes in the first quarter of 2018 are expected to be approximately 5% higher than the fourth quarter due to commencement of commercial shipments from the Fort Smith, Arkansas facility and overall higher customer demand. For the full year 2018, we continue to anticipate shipping volumes to be 10% to 15% higher than 2017 driven by the start-up of the Fort Smith facility. Selling prices and raw material and energy prices are expected to increase slightly compared with the fourth quarter.

Specialty Papers’ shipping volumes in the first quarter of 2018 are expected to be relatively flat compared with the fourth quarter of 2017. Average selling prices are expected to increase by approximately $20 per ton while raw material and energy prices are expected to increase by approximately $2 million compared to the fourth quarter. Operational challenges in the first quarter are expected to impact profitability in a magnitude similar as was experienced in the fourth quarter. The first quarter will also reflect higher seasonal energy consumption.

Corporate costs are expected to increase approximately $1 million in the first quarter of 2018 when compared to the fourth quarter of 2017.

Start-up costs associated with Advanced Airlaid Materials’ capacity expansion are expected to be approximately $3
million, after tax, incurred primarily in the first half of 2018.

Interest expense is expected to total approximately $22 million for the full year 2018.

Consolidated capital expenditures are expected to total approximately $67 million to $72 million in 2018.

The effective tax rate on adjusted earnings is expected to be approximately 33% for the full year 2018.
(Glatfelter Corporate Headquarters)

Newsgrafik #119270
 16.02.2018

GBP Wins Manufacturing Awards of Distinction  (Company news)

Green Bay Packaging accepted the 2017 Manufacturing Awards of Distinction presented by the Greater Green Bay Chamber and Advance, its economic development department. The Chamber is a convener, bringing together resources to enhance economic, workforce and community development. They are the champions of business development for Greater Green Bay.

“We are thrilled to be recognized among the best companies in our region,” said Will Kress, President and CEO of Green Bay Packaging. “Our team is truly focused on delivering great customer service by running safe, clean and extremely efficient Manufacturing Operations across the country. We can do this by continually re-investing in our operations and employing and empowering the best workforce.”

Green Bay Packaging has remained consistent since 1933, keeping their founder, George F. Kress’s, vision alive. Green Bay Packaging’s locations are strategically placed with 35 of its plants in the U.S. and Mexico, five of those plants are right here in Green Bay, and a total of nine plants in Wisconsin. Everyday GBP is driven by continuous improvement and focused on providing outstanding value to our customers. The company maintains strong environmental and social responsibilities through its sustainability commitment; optimizing resources, being aware of the balance on economic, social, and environmental goals and producing quality and innovative products.

The event honored manufacturers for their tremendous leadership, innovation, contribution to the local economy and creatively attracting
and retaining talent.
(Green Bay Packaging Inc.)

Newsgrafik #119271
 16.02.2018

Metsä Board's customers can now use the SFI on-product label in North America  (Company news)

Metsä Board, a leading European producer of premium fresh fibre paperboard, announced today that its North American customers can now use Metsä Board’s products with the Sustainable Forestry Initiative® (SFI®) on-product label that recognises global PEFC™ certifications. Metsä Board is the first European paperboard manufacturer to be approved to use this opportunity. A new rule under the SFI allows PEFC™ chain of custody manufacturers, with PEFC™ certified content from countries outside of the United States and Canada, to be able to use an SFI ‘global’ on-product label. SFI® is an independent North American forest certification programme endorsed by PEFC™.

The whole Metsä Group, including Metsä Board, supports forest certification schemes and encourages their adoption worldwide. Nina Happonen, VP Sales Americas, says: “The wood we procure always comes from certified or controlled forests, which means that we ensure its legality as well as the responsibility and sustainability of the whole supply chain. Of the wood we use, 80% is certified forest content according to the world's leading forest certification systems: PEFC™ or FSC®. We are happy now to be able to offer, in addition, the use of SFI on-product label to our customers in North America.”
(Metsä Board Corporation)

Newsgrafik #119273
 16.02.2018

FOLEX PRESENTS PRINTED ELECTRONIC SUBSTRATES AT LOPEC 2018  (Company news)

While many topics in the field of printed electronics are still under heavy development - Folex is the substrate provider for printed applications! The company has been manufacturing for the print-on industry substrates for all types of printing technologies and ink-types for many years. These years of experience and continuous, innovative development have led to an extensive portfolio of films and speciality substrates.

Printed electronic applications sit well in this field of experience. The specific challenges (scratches interrupting circuits, thermal shrinking during printing and curing, etc.) in both printing and etching based circuit manufacturing are met with mature products.

Folex is happy to consult and provide you with appropriate substrates in the format of your choice. Folex is involved in various collaborations with leading research institutes and industrial partners in the field of printed electronics and is a member of the OE-A.

We look forward to welcoming you to the exhibition booth Hall B0, Stand 405 (COPT Center booth).
(Folex GmbH)

Newsgrafik #119275
 16.02.2018

IMPS-2018 - 27th International Munich Paper Symposium  (Company news)

For the 27th time, one of the major annual European conferences in paper technology, the IMPS 2018 -- INTERNATIONAL MUNICH PAPER SYMPOSIUM is going to take place in the modern Sheraton Munich Arabellapark Conference Center from 7-9 March 2018. The Symposium focuses on technical presentations related to paper and board manufacturing and is offered in both the German and English language through a superb simultaneous translation. In addition to the presentations, the IMPS also features an exhibition and a cultural programme.

The theme of the meeting is “Progress in Board and Paper Technology”, and while many of the papers will be presented by board mills and paper mills, it is clear that papermaking equipment and innovations designed to improve the performance of tissue, paper, board and printing machines, played a very important role.

Most presentations deal with first time reports and take an analytical, rather than a commercial approach. The speakers share their experiences with relatively new systems and also take a look at some future developments.

The IMPS has been held annually for more than two decades and is always focused on current topics related to the paper manufacturing and paper supplying industry. In contrast to many very large conferences, the IMPS will host not more than about 400 participants in a first class atmosphere. It is intended to provide an international platform for people working in the field of board, paper, tissue and printing technology.

The fee includes a number of options: simultaneous translation German/English, internet access to abstracts, presentations as pdf-files, coffee breaks with snacks, superb lunches as well as a gala dinner on Wednesday evening. As far as places are available, a fascinating cultural event on Thursday evening and an interesting mill tour or a visit to the well known paper institute of Munich University of Applied Sciences on Friday, are also included.

Since 2013, the IMPS has been completely booked out well before the start of the symposium. We therefore recommend to register your participation early.
(IMPS Management Ltd & Co. KG)

Newsgrafik #119231
 15.02.2018

Global Recycling Day - New Manifesto calls on world to wake up to the power of the ...  (Company news)

... Seventh Resource

The single biggest mission of Global Recycling Day 2018 is to raise awareness regarding the importance of recycling.

Climate change is the major, overriding, environmental issue of our time and the recycling industry is at the heart of the change that is needed to combat its devastating effects. Recycling (whether industrial or at home) saves more CO2 emissions each year than are generated by the entire aviation industry, while simultaneously protecting the earth’s valuable natural resources.

By combining as many voices and efforts as possible on a single day, we aim to drive awareness and action around the urgent need to recycle more effectively around the world, to assure the future of our planet.
Introducing the Seventh Resource

Global Recycling Day aims to change the mind-set of governments, businesses, communities and individuals around the world, to see recyclables as “resource – not waste.”

We all know the six major natural resources on the planet: water, air, coal, oil, natural gas and minerals. Now, recyclables have joined them, as the world’s Seventh Resource.

Without recycling, all our used and discarded fridges, plastic bottles, packing boxes, cars, cell phones and paper cups will contribute to the growing waste mountains, to be incinerated or go to landfill – never to be used again. Without recycling, we have no option but to continue stripping the earth of her finite virgin resources.

There must be a global approach towards recycling
The future of our planet’s environmental wellbeing is too important not to be a global concern. The power of the Seventh Resource must be recognized by leaders around the world, through seven concrete changes:
-Focus on international legislation and agreements.
-Support, and campaign for, free sustainable trade of recyclable materials to ecologically sound companies across the globe.
-Educate, from grass roots up, the public on the critical necessity of recycling.
-Agree to a common language of recycling.
-To make recycling a community issue, supporting schemes and initiatives which help households and businesses provide Seventh Resource materials for repurposing.
-Work with the industry to encourage ‘design for recycling’ in the repurposing of materials – reducing waste, integrating ‘end-of-life’ planning at design stage.
-Support innovation, research and initiatives that foster better recycling practices and technology.
(BIR Bureau of International Recycling)

Newsgrafik #119254
 15.02.2018

Stora Enso Financial Statement Release 2017  (Company news)

Accelerated profitable growth. Dividend proposal EUR 0.41 per share

Q4/2017 (year-on-year)
-Sales of EUR 2 511 (2 438) million increased 3.0%: the fourth consecutive quarter of sales growth.
-Sales excluding the paper business increased 6.2%.
-Operational EBIT increased 46.6% to EUR 280 (191) million, mainly due to favourable prices and higher volumes combined with successful ramp-up of the strategic investments.
-Strong cash generation strengthened the balance sheet further; net debt to operational EBITDA improved to 1.4 (1.9).
-Operational ROCE was 13.5% (8.9%), the second consecutive quarter above the target of 13%.
-The consumer board machine at Beihai Mill reached its designed capacity level and operational EBITDA break-even as promised in Q4/2017.

Year 2017 (year-on-year)
-Sales at EUR 10 045 (9 802) million increased 2.5%. Sales excluding the paper business increased 8.5%.
-Operational EBIT at EUR 1 004 (884) million increased 13.6%.

Stora Enso’s CEO Karl-Henrik Sundström (photo) comments on the fourth quarter 2017 results:
“We have reached a new level as a renewable materials company. The transformation has proven successful as we exceeded ten billion euros in sales and one billion in operational EBIT for the year. At the same time, we have strengthened our position in the bioeconomy for the future.

In four consecutive quarters, we have achieved growth, reaching a 3.0% increase in sales and 6.2% excluding paper in the fourth quarter. This is primarily due to the ramp-up of strategic investments in Beihai, Varkaus and Murów, and favourable prices. Higher volumes, higher sales prices and a better product mix enabled us to reach operational EBIT margin of 11.2% and ROCE of 13.5%, above our long-term financial targets. Strong cash flow strengthened the balance sheet and net debt to operational EBITDA improved to 1.4. Our innovation strategy is paying off. In 2017, 7% of our products and services were new which is a considerable increase compared to 2016.

After finalising our strategic investments, our balance sheet and cash flow are strengthening. This enables us to reward our shareholders. The Board of Directors proposes to the Annual General Meeting a dividend of 0.41 euros per share, which is the third year in a row with an increase.

We continue to deliver on our promises related to the transformation. The ramp-up of Beihai Mill is ahead of schedule and its consumer board machine reached its designed capacity level and operational EBITDA break-even as planned. Also, Varkaus kraftliner mill reached its designed capacity level and exceeded its profitability target.

Securing raw material long term is crucial in the bioeconomy. As a consequence, we have signed a letter of intent aiming at structural changes in Bergvik Skog.

Stora Enso has made two important announcements during the first quarter this year that I’d like to highlight. We have signed a global framework agreement with three global unions to uphold fundamental labour rights. This is in line with our continuous efforts to provide a safe and rewarding workplace for our employees and contractors, and to be an attractive employer.

I am also very proud that we are the first forestry company to commit to a science based target to further reduce our CO2 and other greenhouse gas emissions. This in line with the 2°C limit set for global warming by the Paris Agreement, and is a natural step for us as the renewable materials company.

As always, I would like to thank our customers for their business, our employees for their dedication, and our investors for their trust.”

Outlook
Q1/2018 sales are estimated to be similar to or slightly higher than the amount of 2 511 million euros recorded in the fourth quarter 2017, and operational EBIT is expected to be somewhat higher than the 280 million euros recorded in Q4/2017. There are no major scheduled annual maintenance shutdowns during Q1/2018.
(Stora Enso Oyj)

Newsgrafik #119259
 15.02.2018

Marbach Training Center: The Paper Centre Gernsbach visit  (Company news)

Marbach will soon officially open its new training center. Prior to this, participants of the advanced course "Corrugated board processing – flat die-cutting" from the Paper Centre Gernsbach had the opportunity to spend a day at Marbach‘s new die-cutter as part of a 3-day seminar.

The Paper Centre Gernsbach has been working with Marbach for many years. Marbach actively supports the seminars of the Paper Centre on-site with speakers from the areas of paperboard and corrugated board.

Seminar leader Holger Burkert: "When we learned that Marbach was getting its own die-cutting machine, we immediately contacted them. It is, after all, an enrichment if our training participants are not only taught theoretical knowledge, but can also experience a die-cutting machine live in action. This makes seminars even more valuable and practice-oriented. We are pleased that Marbach can provide us with this opportunity."

Twelve people from the Paper Centre came to Marbach in Heilbronn on 21st November 2017 and received a theoretical introduction to begin with. Afterwards they moved on to the die-cutting machine. There, the participants were able to witness live the setting up of an order on the die-cutter and to evaluate the results.

Burkert continues: "This first pilot event at Marbach served to show us how we could best integrate the die-cutting machine from Marbach into our seminars, which processes and what content would make sense and what can be done in the new Marbach Training Center. We have come a long way here. We are definately planning to intensify cooperation with Marbach in the corrugated board and folding box sectors."

Clearly Marbach and the Paper Centre Gernsbach will further intensify their cooperation in the future.
(Karl Marbach GmbH & Co. KG)

Newsgrafik #119261
 15.02.2018

Smurfit Kappa continues its investment in Mexico with PM6 machine   (Company news)

Smurfit Kappa, one of the world’s leading paper-based packaging firms, continues its investment in sustainable technology in Mexico, demonstrating its long-term commitment to the country.

An advanced new paper machine (PM6) began operating at the Los Reyes Paper Mill site in the State of Mexico in January. This new endeavour is one of Smurfit Kappa’s largest investments in the country in recent years and an important milestone for the company in the Americas.

The new high performance PM6, which produces recycled containerboard, strengthens Smurfit Kappa’s offering for the agricultural and electrical appliance sectors.

Operating in Mexico for more than 40 years, Smurfit Kappa has also recently invested in a modernisation project for converting plants which, along with the new PM6, significantly increases customer capabilities.

Speaking at the inauguration event, Juan Guillermo Castaneda, CEO of Smurfit Kappa, the Americas, said: “As the leading supplier of paper-based packaging in the Americas and the largest group with a pan-regional presence, we are pleased to continue bringing the latest industry innovations to Mexico.

“Mexico is a market with strong growth potential which is key to our operations in the region. We continue to invest in this country to boost our competitiveness and offer our customers the very best in sustainable packaging.”

Jorge Alberto Angel, CEO of Smurfit Kappa Mexico, added: “Smurfit Kappa has long been committed to best practices in responsibly supplying paper for the sustainable manufacture of board and packaging. We are proud to start operating yet another state-of-the-art paper machine in Mexico, further contributing to sustainable development and growth in the country.”

The Los Reyes Paper Mill is one of the company's three containerboard mills in Mexico, where it also operates 15 converting plants.
(Smurfit Kappa Group Headquarters plc)

Newsgrafik #119263
 15.02.2018

Fujifilm launches Acuity LED 1600R for large format graphic display market  (Company news)

The latest addition to Fujifilm’s Acuity range offers customers a flexible, lower cost alternative to its successful Acuity LED 1600 II printer.

Fujifilm announces the release of a new machine in its Acuity series, the Acuity LED 1600R. This accessible, dedicated roll-to-roll printer is optimised for four-colour CYMK printing, but otherwise shares all the benefits in quality and performance of the highly successful Acuity LED 1600 II hybrid model. It will be commercially available on the 1st of March.

Exclusive to Fujifilm and featuring Dimatix Q-class industrial print heads, the Acuity LED 1600R offers four channels, with the option of a modular upgrade in the field up to eight channels. It features a high density mode capable of handling heat-sensitive roll media while printing stunning, vibrant displays – making it suitable for backlit and window applications. Like the Acuity LED 1600 II, it offers excellent productivity of up to 33m² per hour.

Producing low levels of heat and requiring lower ink volumes and less power than similar machines on the market, the newest member of the Acuity range has instant start-up, long-life LED UV lamps, no ozone or VOC emissions and only one consumable – the ink.

That ink is the new Uvijet RL ink range which is available in CMYK and CMYK plus light cyan and light magenta. A modular upgrade option to include white is available, with an option for up to eight channels to include clear ink, also being added later in the year. Designed for roll media, Uvijet RL is manufactured by Fujifilm Specialty Ink Systems in the UK, and combined with the 1600R’s Fujifilm patented LED curing system and Dimatix print heads, it delivers near-photographic print quality at an impressive speed.

Says Tudor Morgan, Segment Manager, Sign & Display at Fujifilm Graphic Systems Europe:
“Fujifilm has established a strong business with the Acuity LED 1600 and then the Acuity LED 1600 II, with close to 1000 installations globally. To build on this success, we are now offering an equally robust, lower-cost model in the Acuity LED 1600R that can provide a great investment opportunity for printers looking to produce high quality, large format display work – all without compromising on the excellent performance characteristics that have gained the Acuity LED 1600 II such a formidable reputation.”
(Fujifilm Europe GmbH)

Newsgrafik #119296
 15.02.2018

Model Group: Leap in growth in established market environment  (Company news)

Model Group cardboard and corrugated board packaging, recorded consolidated Group sales of CHF 874 million in the 2016 fiscal year. This represents an increase of 42% over the previous year. The Group employed an average of just over 4,200 members of staff during the reporting year, nearly 1,000 more than in 2015. The proportion of these in Switzerland is 22%, with over 900 employees. The main reason for the growth is the acquisition and integration of the former P-Well Group in Germany by Model GmbH, which is running according to schedule. The expansion of geographical markets increased the number of European Group customers, so that important national markets such as the Czech Republic, Poland, Benelux and Switzerland were able to contribute to the growth trajectory with over 4%. CHF 88 million were invested in innovation, modernisation and expansion projects.

Good sales volumes/new plant in Poland
The Model Group sold nearly 1,200 km2 in corrugated board packaging/corrugated board sheets and more than 26,000 t of cardboard packaging in its national markets in Switzerland, Germany, Poland, the Czech Republic, Benelux, France, Austria, Slovakia and Croatia. Combined, the two Swiss paper factories in Weinfelden and Niedergösgen produced 383,000 tonnes (2015: 375,000) of waste-paper based corrugated board.
The new plant in Nowa Sól, Poland, the third Model plant in Poland overall, launched production with around 60 employees and state-of-the-art processing machines.

Outlook: innovative projects planned in Switzerland
The slight economic revival in Europe, combined with the Group's exciting innovation projects, should help to partially offset the negative impact of the strong Swiss franc. In one month, the first trials will begin in Weinfelden for a new material preparation system, which will be capable of processing good-quality paper fibres that have hitherto mostly been thermally disposed. In the current year, investments of similar amounts to the previous year are being made with the aim of improving logistics and productivity.
(Model AG)

Newsgrafik #119215
 14.02.2018

Efficiency and quality gains through integrated assistance systems  (Company news)

More than 100 VISION systems sold by W&H since drupa 2016

Photo: panel of monitors facilitates intuitive touchscreen and stylus operation. The maximum configuration includes modules for detecting the causes of print defects and intelligent automated troubleshooting.

Assistance systems yielding efficiency and quality gains have become indispensable in today's printing world. To date, however, flexographic and gravure printing presses have tended to contain a range of systems from different providers for web monitoring, inspection, printing impression, register setting and more. Inevitably, this has led to added complexity and interface problems. At drupa 2016, W&H brought an integrated assistance system to market for the first time. The VISION package combines these systems with a single operator interface. "The deep integration of the modules into the press means less data entry when starting a job, faster machine changeovers, and reliable, faultless print production – essentially, greater quality and efficiency," declared Ulrich Harte, Head of Marketing Printing and Finishing. The numbers speak for themselves: The specialist in machines for manufacturing flexible packaging is giving the market what it wants. "The VISION package has already become a standard in W&H machines; we've sold more than 100 systems since drupa," declared Harte.

The VISION product range, developed under the slogan PACKAGING 4.0 – Integrated, Intuitive, Intelligent, significantly boosts the efficiency of W&H printing presses. The system is fully integrated into the printing press architecture and PROCONTROL operator console. A panel of monitors facilitates intuitive touchscreen and stylus operation. The maximum configuration includes modules for detecting the causes of print defects and intelligent automated troubleshooting. "The printer benefits from a uniform, modern operating concept for the printing press and print quality monitoring.The printing process is monitored directly across the entire machine. Process deviations are quickly detected and immediately corrected, making the machines much easier to operate, and considerably boosting performance and profits," explained Harte.

The right assistance systems for each individual situation can be chosen by selecting from the various modules within the VISION system.
· VISION ZOOM uses a matrix camera for web monitoring.
· VISION FULL incorporates state-of-the-art, high-resolution line cameras for early fault detection. These line cameras also help manage job changeovers as part of the EASY-SET and EASY-REG automation systems.
· VISION CHECK further adds to the configuration, with modules for determining the causes of print defects and intelligent automated troubleshooting, e.g. targeted cleaning processes and machine parameter adjustments.
(Windmöller & Hölscher KG)

Newsgrafik #119240
 14.02.2018

UPM studies opportunities for developing its biofuels business by starting an environmental ...  (Company news)

... impact assessment in Kotka, Finland

UPM is studying biofuels development opportunities by starting an environmental impact assessment (EIA) for a possible biorefinery in Mussalo, Kotka, in south-eastern Finland. The study of a possible Kotka Biorefinery is in the very early stages and the EIA process normally takes approximately one year.

EU and national policies on biofuels will also play an important role in the final assessment of the possible investment.

The EIA study states that the proposed second UPM biorefinery would use a different raw material base and technology than in the current UPM Lappeenranta Biorefinery. The Kotka Biorefinery would produce approximately 500,000 tonnes of advanced biofuels for transportation, made from several renewable and sustainable feedstocks.

"We are looking into the use of several new feedstocks that fulfil sustainability criteria, such as wood residues and other sustainable wastes and residues. In addition to this in Uruguay we are testing a winter cropping concept with Brassica carinata for biofuels' raw material. Oil from turnip rape-related carinata would be one of the possible raw materials for the Kotka Biorefinery," says Petri Kukkonen, Vice President of UPM Biofuels Development.

The environmental impact assessment started by UPM in February is a legal preventive environmental policy procedure. EIA studies the execution of alternatives, environmental impacts and the possibility of minimising harmful impacts - as well as the opinions of various stakeholders on all these areas.
(UPM)

Newsgrafik #119241
 14.02.2018

BillerudKorsnäs adopts science based climate impact targets  (Company news)

As one of the forerunners in the global packaging industry, BillerudKorsnäs has received approval for its climate goals by the Science Based Targets initiative. The initiative was initiated by the UN, WWF and the World Resources Institute, aiming at assisting the world's companies to adopt climate targets in accordance with United Nations Paris Agreement.

Already today BillerudKorsnäs is largely fossil-free with 97.5 percent biofuels used in the own operation. In order to further contribute to reducing climate change, BillerudKorsnäs has adopted new climate targets for 2030 and 2050, which now has been approved by the Science Based Targets initiative. The approved targets, which are in line with what is required for global warming not to exceed two degrees, are to:

1. by 2030 reduce direct greenhouse gas emissions from own operations and indirect emissions from purchased energy by at least 59 percent compared to 2016 levels. By 2050, the corresponding emissions should be at least 74 percent lower.

2. by 2030 reduce indirect greenhouse gas emissions from purchases of goods and services (eg transports) by at least 30 percent compared to 2016 levels. By 2050, the corresponding emissions should be at least 70 percent lower.

”The Paris Agreement and UN Sustainable Development Goal 13 "Take urgent action to combat climate change and its impacts" sends a clear signal to rapidly develop new resource-efficient solutions and replace fossil based with renewable ones. We, as one of the first players in our industry, are therefore very proud to present new climate targets. BillerudKorsnäs and the forest based industry play a key role in the transition to a biobased and sustainable society, not least by offering renewable alternatives to fossil based packaging materials," said Henrik Essén, Senior Vice President Communication and Sustainability at BillerudKorsnäs.

“We congratulate BillerudKorsnäs for having their emission reduction targets validated by the Science Based Targets initiative. By setting targets that are aligned with the rate of decarbonization needed to achieve the goals of the Paris Agreement, BillerudKorsnäs is demonstrating its business leadership and positioning itself for success in the low-carbon economy,” said Alberto Carrillo Pineda, Director, Climate Initiatives at CDP ‎and member of the Science Based Targets initiative steering committee.
(BillerudKorsnäs AB (publ))

Newsgrafik #119242
 14.02.2018

Clearwater Paper Reports Fourth Quarter and Full Year 2017 Results  (Company news)

Clearwater Paper Corporation (NYSE:CLW) reported financial results for the fourth quarter and full year of 2017.

The company reported net sales of $436.7 million for the fourth quarter of 2017, up 2.6% compared to net sales of $425.6 million for the fourth quarter of 2016. Net earnings determined in accordance with generally accepted accounting principles, or GAAP, for the fourth quarter of 2017 were $80.9 million, or $4.88 per diluted share, compared to net earnings for the fourth quarter of 2016 of $9.3 million, or $0.56 per diluted share. The increase in net earnings primarily consisted of a benefit related to recent tax law changes. Excluding this tax benefit and certain other non-core items identified in the attached Reconciliation of Non-GAAP Financial Measures, fourth quarter 2017 adjusted net earnings were $14.4 million, or $0.87 per diluted share, compared to fourth quarter 2016 adjusted net earnings of $13.8 million, or $0.82 per diluted share.

Earnings before interest, taxes, depreciation and amortization, or EBITDA, were $52.2 million for the fourth quarter of 2017 compared to $49.3 million for the fourth quarter of 2016. Adjusted EBITDA for the quarter was $57.5 million, up 6.3% compared to fourth quarter 2016 Adjusted EBITDA of $54.1 million. The $3.4 million increase in Adjusted EBITDA in the fourth quarter of 2017 was primarily a result of higher paperboard pricing and volumes, improved consumer product mix, and lower general maintenance costs. Additional factors for the increase included lower wage and benefits expense resulting from warehouse automation projects at several of the company's facilities, the shutdown of two higher cost tissue machines at the company's Neenah, Wisconsin mill at the end of 2016 and the closure of the company's Oklahoma City converting facility in March 2017. These factors were partially offset by lower non-retail tissue shipment volumes and higher input costs for pulp, transportation and energy.

"We had a strong finish to 2017 due to improved operating efficiencies resulting from the completion of our three-year strategic capital projects, including warehouse automation and the continuous pulp digester at our Lewiston, Idaho mill,” said Linda K. Massman, president and chief executive officer. "We also had increased paperboard sales and shipments and ultra-quality tissue sales, partially offset by very competitive market conditions in the retail industry and higher transportation costs.

"Throughout 2018, we will remain focused on efforts to increase our margins and ultimately cash flow to build a solid foundation for our long-term success and create shareholder value," said Massman. "Our efforts include the vital work of realigning portions of our company in both tissue and paperboard, and investing in our business to meet customer needs as reflected in the ongoing investment in our Shelby, North Carolina facility."

FOURTH QUARTER2017SEGMENT PERFORMANCE
Consumer Products
Net sales in the Consumer Products segment were $234.7 million for the fourth quarter of 2017, down 3.1% compared to fourth quarter 2016 net sales of $242.1 million. This decrease was due primarily to lower parent roll sales resulting from the shutdown of the two higher cost paper machines at the Neenah, Wisconsin mill at the end of 2016 and a 3.3% decrease in retail tons sold in the fourth quarter of 2017.

Operating income and margin for the fourth quarter of 2017 decreased to $7.5 million and 3.2%, compared to $13.8 million and 5.7%, respectively, in the fourth quarter of 2016. After adjusting for certain non-core items identified in the attached Reconciliation of Non-GAAP Financial Measures, adjusted operating income and margin of $11.4 million and 4.9% for the fourth quarter of 2017 were down from $17.0 million and 7.0% for the same period in 2016. Adjusted EBITDA for the segment decreased from $32.0 million in the fourth quarter of 2016 to $25.8 million in the fourth quarter of 2017. These decreases were due to higher input costs for external pulp, transportation and packaging supplies with partial offsets from lower maintenance costs as well as lower labor costs due to the implementation of warehouse automation and the previously mentioned paper machine shutdowns at the Neenah mill and facility closure in Oklahoma City.

Tissue Sales Volumes and Prices:
-Total tissue sales volumes of 87,313 tons in the fourth quarter of 2017 decreased by 9.9% and converted product cases shipped were 12.7 million, down 1.7%, each compared to the fourth quarter of 2016.
-Average tissue net selling prices increased 6.2% or $155 per ton in the fourth quarter of 2017, compared to the fourth quarter of 2016, due to improved product mix.

Pulp and Paperboard
Net sales in the Pulp and Paperboard segment were $202.1 million for the fourth quarter of 2017, up 10.2% compared to fourth quarter 2016 net sales of $183.4 million. The increase was primarily due to higher paperboard prices and shipment volume, including sales from the operations of Manchester Industries acquired in December 2016.

Operating income for the fourth quarter of 2017 increased $7.0 million to $34.6 million, compared to operating income of $27.6 million for the fourth quarter of 2016. Pulp and paperboard's operating margin increased to 17.1% in the fourth quarter of 2017 from 15.0% in the fourth quarter of 2016. Adjusted EBITDA for the segment was $44.5 million in the fourth quarter of 2017, compared to $35.0 million in the fourth quarter of 2016. These increases were primarily due to lower costs for wood fiber, lower maintenance costs at Arkansas, lower wage and benefits expense and lower operating supply costs. These items were partially offset by higher priced purchased pulp, higher electricity usage due to a turbine generator outage and higher chemical and transportation costs.

Paperboard Sales Volumes and Prices:
-Paperboard sales volumes increased 5.4% to 210,098 tons in the fourth quarter of 2017, compared to 199,415 tons in the fourth quarter of 2016.
-Paperboard net selling prices increased 4.6% to $962 per ton compared to the fourth quarter of 2016.

Taxes
The company's consolidated GAAP tax rate and adjusted tax rate for the fourth quarter of 2017 were a benefit of 333.2% and a provision of 39.9%, respectively, compared to provisions of 41.7% and 37.8%, respectively, in the fourth quarter of 2016. On a GAAP basis, the benefit for the fourth quarter of 2017 was primarily driven by a $70 million tax benefit resulting from the remeasurement of the company's net deferred tax liabilities following passage of the Tax Cuts and Jobs Act ("Act") signed into law on December 22, 2017. The company expects its GAAP and adjusted tax rate for 2018 to be approximately 26%, due to the reduced federal corporate income tax rate of 21% under the Act.

Given the significant changes resulting from and complexities associated with the Act, the impact on the company's 2018 estimated effective and adjusted tax rates is subject to further analysis, interpretation and clarification of the Act, which could result in changes to these estimates during 2018.
(Clearwater Paper Corporation)

Newsgrafik #119246
 14.02.2018

Integrated system solution for the production of greeting cards   (Company news)

The two folding machine manufacturers GUK and MB Bäuerle have developed a complex system for the efficient multiple-up inline production of greeting cards as part of a customer project. With the inline arrangement of the modules the customer has been able to triple the output of his products compared with the previously used processing procedure. The modular design also makes it possible to realise without any problems a large number of other machine and manufacturing constellations to achieve maximum flexibility for the user.

Sheet separation takes place by means of the flat pile feeder FSA 52 which features a high stacking capacity. After that the sheets are transferred to the alignment table ART 24 before they are creased in the Pit Stop WF FM-Speed creasing machine. The alignment of the sheets before creasing ensures maximum processing accuracy. The edges are trimmed in the subsequent cutting module SM 54 before the head and tail of the sheets are trimmed in the second cutting module SM 54 and the greeting cards are separated. The cut cards are then folded to their final format in the fully automatic fold unit prestigeFOLD NET 52. This fold unit is characterised by its fully automatic setting features. All the important modules such as alignment rail, fold plates, fold rollers and deflectors are automatically set up by means of the centrally placed touch screen panel. The integrated job memory also allows the quick processing of repetitive jobs, thus reducing set-up times to a minimum.
(MB Bäuerle GmbH)

Newsgrafik #119283
 14.02.2018

Valmet to supply a wet end rebuild for Sappi Gratkorn Mill in Austria  (Company news)

Valmet will supply a wet end rebuild with installation for Sappi Gratkorn Mill in Austria. The goal of the rebuild is to improve paper machine (PM 9) efficiency, reliability and energy efficiency. The start-up of the rebuilt machine is scheduled for 2019.

Photo: Signing the contract. From left Max Oberhumer (Sappi), Marko Oinonen (Valmet) and Harri A. Heikkilä (Valmet).

The order is included in Valmet's first quarter of 2018 orders received. The value of the order will not be disclosed. The value of an order of this type is typically around EUR 10-20 million.

"Sappi has been relying firmly on Valmet in the past years. In addition to this new rebuild for Sappi Gratkorn, six other major ongoing or already started-up projects for Sappi are Valmet-supplied, the latest ones for Sappi Lanaken (start-up in 2019), Sappi Maastricht (2018), Sappi Sommerset (USA) (2018), Sappi Kirkniemi (start-up 2017) and Sappi Gratkorn PM 11 (2014). Our good OptiPress pressing technology references combined with the outcome of higher solids and better quality were success factors in this case, too," says Senior Paper Technology Manager Riikka Antikainen from Valmet.

Technical details about the delivery
Valmet's delivery includes number of modifications to the paper machine wet end. The press section will be rebuilt into an OptiPress Center with modern shoe press technology and the best runnability components available in the market. OptiPress Center provides higher solids and better runnability, thus, lowers energy consumption and improves efficiency. The off-machine coater will be equipped with Valmet Water Jet Turn-up Device for fast parent roll changes. All the equipment will be delivered with installation.

PM 9 produces coated fine paper grades in the design basis weight of 66 g/m². The mill has a total capacity of 980,000 tonnes/year.
(Valmet Corporation)

Newsgrafik #119233
 13.02.2018

Squaring the circle – what consumers demand of state-of-the-art packaging  (Company news)

The demands made by consumers on packaging are constantly changing and are often contradictory. Manufacturers have to combine convenience, sustainability and communication, and regularly update all these aspects. State-of-the-art packaging technologies and materials now offer opportunities to accommodate these demands. What are the global trends to focus on in 2018?

US market research agency Mintel has identified five global trends in a study that will set the direction for consumer packaging in 2018. In addition to reducing food waste and marine pollution, these include the increasing influence of online trading on packaging development, and minimised and clear messages on packaging. This last aspect relates to the state-of-the-art design of packaging for frozen products and long-life goods. It is particularly aimed at younger consumers, who are focusing more on fresh foodstuffs and therefore shop mainly from the chilled and fresh shelves, while increasingly turning away from long-life and frozen products.

Less is more
To make products more attractive to this group of buyers again, manufacturers are turning to innovative packaging designs and placing a greater focus on their unique selling points. For example, this includes transparent packaging that – quite literally – creates transparency and makes the content and volume visible for the consumer. That enables producers to take the offensive in dealing with preconceived notions – that the packaging contains lots of air and not much product, for example. Other approaches include giving packaging and labels an attractive design. This is where less is often more. Clear package messaging that communicates information and authenticity, rather than an overloaded design, makes the choices easier for more than just the younger buyers. In addition to long-life goods, it applies in equal measure to fresh and chilled products, as well as to drinks and household goods. Brand manufacturers in particular can score by adopting calmer designs for their products and maintaining the balance between too much and too little information.

The packaging speaks for itself
Consumers are better informed now than ever before. That is why they are demanding more from the products that they buy. The duty of meeting these requirements falls mainly on the packaging. Sophisticated shoppers also look for sustainable solutions such as recyclability, savings in terms of the amount of packaging, and the use of biomaterials that should simultaneously guarantee a long shelf life and safe transport. Packaging as the most important means of communicating with the purchaser can thus provide information not only about the contents but also about itself – how it helps to reduce food waste, how it can be recycled, or convenience aspects like how to re-seal it.

Every manufacturer has the objective of creating a positive purchasing experience through packaging, and therefore focuses on freshness, sustainability or convenience, depending on the target group. At
FachPack 2018, many companies in the packaging industry will provide their answers, and illustrate solutions for combining even contradictory market developments in an ideal and profitable way.
(NürnbergMesse GmbH)

Newsgrafik #119235
 13.02.2018

Europac Viana PM4 vacuum system is fully installed   (Company news)

Europac Viana PM4 vacuum system is fully installed and fulfills all guarantees. This turn-key vacuum system rebuild project includes five (5) Ecopump Turbos, one low vacuum EP Blower, new Ecodrop water separators and full Ecoflow system. Turnkey delivery includes equipment, mechanical installation, piping, automation and installation supervision.

Old vacuum systems had 10 liquid ring pumps and 2 blowers. Total power consumption of the vacuum system was 3900 kW and SEC was 76 kWh/t. Now after short optimization period total energy consumption is 1800 kW / SEC 35 kWh/t. Total energy saving is over 17 GWh/year or 1,7 MEUR/a.

Europac Viana do Castelo mill is located in North parts of Portugal. Viana PM4 is one of the bigger virgin fiber krafliner machines in Europe. Machine is 6,4-meter-wide and produces almost 400 000 t kraft paper a year.
(Runtech Systems Ltd)

Newsgrafik #119236
 13.02.2018

Voith NipcoFlex shoe presses rebuilt for Wanlida BM 4 and BM 5 with successful startup in one day  (Company news)

-Increase in operating speed of 50 to 80 m/min
-Improvement of dryness from 45% to over 50%
-Smooth shutdown and restart

On November 25, 2017, Voith Paper installed the new NipcoFlex shoe presses on the BM 4 and BM 5 paper machines at Wanlida Paper-Products Co., Ltd. The shoe presses were later started up successfully. The upgrade was part of a contract signed on August 11, 2016, according to which Voith Paper was to provide three NipcoFlex shoe presses along with the control systems for the second presses on the BM 3, BM 4, and BM 5 at Wanlida.

Photo: In the upgrade on the BM 4 and BM 5 machines, the entire process from shutting down to restarting was carried out smoothly. The two paper machines were designed to manufacture testliner paper from 100% domestic recycled paper with a basis weight of 120 to 200 g/m2 and a wire section width of 6260 mm.

In the upgrade on the BM 4 and BM 5 machines, the entire process from shutting down to restarting was carried out smoothly. The two paper machines were designed to manufacture testliner paper from 100% domestic recycled paper with a basis weight of 120 to 200 g/m2 and a wire section width of 6260 mm. When the new NipcoFlex shoe presses were put into operation on November 25, the operating speed of the two machines went up by 50 to 80 m/min and the dryness of the paper out of the press section went up from 45% to over 50%, while steam consumption and paper breaks were reduced appreciably and sheet strength improved considerably, well surpassing the expectations of the client. The shoe press upgrade on the BM 3 will take place soon.

“We are very satisfied with the overall performance of the machines following the shoe press upgrade, which has brought us tangible and notable benefits in terms of improved dryness, reduced energy consumption, lowered operating and maintenance costs, and improved operational efficiency,” said the client, greatly impressed.
(Voith Paper GmbH & Co KG)

Newsgrafik #119253
 13.02.2018

100 North American Companies Remove 'Go Paperless – Go Green' Claims  (Company news)

Two Sides’ anti-greenwash campaign reaches a milestone as more leading corporations change their marketing messages to recognize the sustainable features of print on paper

Two Sides North America confirmed that over 100 leading North American companies have removed or changed inaccurate anti-paper claims as a result of the group’s efforts.

The list includes many of the Fortune 500 companies in the financial, telecom, utilities and insurance sectors who have engaged with Two Sides and modified their marketing messages to consider the social and environmental benefits of print and paper, as well as the life cycle of sustainable forests and paper products. A full list of companies is available to Two Sides members.

“The ‘go green and save trees’ claims used to promote digital services over paper-based communications are misleading for many reasons, and they are a form of greenwashing that needs to be corrected,” said Phil Riebel, president of Two Sides North America. “The claims don’t consider the renewability of paper, or the numerous social, environmental, and economic benefits of well-managed North American forests, which in the U.S. have grown by over 1.3 million acres per year between 2005 and 2015, or approximately 22,000 tennis courts per day (United Nations Food and Agriculture Organization, Global Forest Resources Assessment 2005-2015).

According to a recent survey commissioned by Two Sides, U.S. consumers are skeptical about paperless green claims made by corporations. The survey, carried out by the global polling firm Toluna, found that 72% of U.S. respondents agree that claims about the switch to digital being better for the environment are made because the sender wants to save money. Furthermore, 73% agree that government, banks and other organizations want to persuade them to ‘go paperless’, but it’s not ‘paperless’ because they regularly have to print out documents at home if they want a hard copy. In fact, 68% find it easier to track their expenses and manage their finances when they are printed on paper. The full report and U.S. findings is available at http://twosidesna.org/Survey2017.

As part of its campaign, Two Sides also notes that it is false to associate paper with deforestation in North America. Deforestation is defined by the United Nations Food and Agriculture Organization as the conversion of forests to another land use or a permanent loss of forest cover. The UN definition specifically excludes sustainably managed forests where the forest is expected to regenerate naturally or via tree planting, as in North American managed forestlands.

Two Sides is urging companies to avoid greenwashing consumers by using best marketing practices that meet guidelines established by the U.S. Federal Trade Commission (FTC) and the Competition Bureau of Canada. Environmental claims cannot be vague and unsubstantiated - they must be specific, verifiable and based on credible facts. “Our experience to date is that many companies are so focused on reducing costs that they are ignoring marketing rules, the needs of their customers, and the environmental and social impacts of switching from paper to digital,” says Riebel.
(Two Sides North America Inc.)

Newsgrafik #119266
 13.02.2018

Valmet to supply a cooking plant rebuild and brown stock washing to Smurfit Kappa kraftliner mill ..  (Company news)

...in Piteå, Sweden

Valmet will supply Smurfit Kappa Piteå with a cooking plant rebuild into CompactCooking G2 and brown stock washing equipment for its mill in Piteå, Sweden. The order is included in Valmet's fourth quarter of 2017 orders received.

Photo: CompactCooking™ continuous cooking system

Valmet's scope of supply includes a new ImpBin(TM) with CompactFeed(TM) G3, pump feeding system and a new pressure diffuser. The start-up of the cooking plant rebuild and brown stock washing equipment is planned for May 2019.

"The rebuilt cooking plant will utilize the wood raw material more efficiently and lower the use of additive chemicals in the process. In addition, the cooking rebuild will lower the energy consumption within the process area which is in line with our sustainability goals," says Bo Johansson, Technical Manager at Smurfit Kappa Piteå.

"We are happy to see that Valmet's sustainable solutions bring value to our customers and that our cooking and washing portfolio is very strong," says Patrik Lidbäck, Sales Manager at Valmet.
(Valmet Corporation)

Newsgrafik #119278
 13.02.2018

ANDRITZ successfully starts up tissue machine with the world’s largest steel Yankee dryer in Brazil  (Company news)

International technology Group ANDRITZ has successfully started up the PrimeLineST W22 tissue machine with steel Yankee dryer and steam-heated hood delivered to Carta Fabril, for its mill in Anápolis Carta Fabril, Brazil.

Due to the outstanding and short commissioning period, paper production on the new tissue machine started well ahead of schedule.

The PrimeDry Steel Yankee delivered by ANDRITZ has a diameter of 22 ft. and thus is the largest in the world for tissue applications. The combination with the steam-heated hood enables highly efficient drying with substantial energy savings compared with conventional drying sections with cast Yankee dryers and gas-heated-hoods. The steam-heated hood is equipped with an innovative, automatic cleaning system to ensure easy maintenance and safe operations.

The ANDRITZ PrimeLineST W22 has a design speed of 2,100 m/min and a width of 5.55 m. It will produce tissue with grammage of 15 g/m2 that is used for two-ply toilet paper.The scope of supply also included the complete stock preparation plant and approach flow system, which processes 100% short fiber (eucalyptus) as raw material. The centerpiece of the line is the ANDRITZ Papillon refiner, which treats fibers gently in the cylindrical refining zone in order to achieve superior fiber properties at low energy consumption.

“The early start-up was only possible because of our cooperation with ANDRITZ. We are now proud to have the world’s largest steel Yankee, which is predicted to enable efficient drying with substantial energy savings. Our target is “green production” by minimizing energy consumption, liquid and solid waste, effluents, and CO2 emissions. The new tissue machine will use 100% renewable energy generated from biomass and converted into steam. The project presents a very good example of environmental, economic, and social sustainability,” says Victor Coutinho, CEO, Carta Fabril.

The successful start-up of the world’s first tissue machine with a 22 ft. steel Yankee confirms ANDRITZ’s strong position as one of the global market leaders for supply of complete tissue production lines, key components, and services.

Carta Fabril ranks among the key players in the Brazilian tissue business, covering the complete product range for tissue.
(Andritz AG)

Newsgrafik #119281
 13.02.2018

We wait for you for MIAC 2018 Exhibition in Lucca/Italy this October - 25th edition!  (Company news)

270 leading companies are waiting for you in Lucca (Italy) this 10.11.12 October to show you the latest technical developments used in the paper industry sector!

MIAC 2018: machinery and plants for the production of Paper and Paperboard
and for the converting of Tissue Paper.

THE EXHIBITORS
Come to Lucca in Italy this October and meet 270 International Exhibitors ready to show you their technologies, machinery and solutions.

MACHINERY / PLANTS
Search the machinery and equipment of the Exhibitors. Browse between the items to see which companies produce the product of your interest!
(Edipap Srl)

News-Paginierung #2