Fibria signed an agreement to forge a strategic alliance and acquire an 8.3% interest in CelluForce, a Canadian company that is the world leader in the commercial production of nanocrystalline cellulose (NCC).
International Paper today announced that it has completed its acquisition of Weyerhaeuser’s pulp business for approximately $2.2 billion in cash, subject to post-closing adjustments. Because the transaction is a purchase of assets, International Paper expects to realize a tax benefit with an estimated net present value of approximately $300 million. International Paper expects annual synergies of approximately $175 million by the end of 2018, which will require the need for one-time costs of approximately $85 million.
Kemira, a global chemicals company serving customers in water intensive industries, announces price increase for its polymer product line across all European countries. The adjustment will be effective January 1, 2017 or as customer contracts allow.
The increase will be an average of 5%, depending on the specific customer segment and applications, and can differ for specific product types in selected geographies. This adjustment is necessary due to overall increased production and supply costs.
BillerudKorsnäs’ CEO Per Lindberg was awarded for best CEO in Large Cap Company in IR Nordic Markets Sweden 2016.
IR Nordic Markets is the biggest study of IR in the Nordic region and was carried out by Regi for the 19th year in a row. In the study, presented yesterday at IR Nordic Markets Awards Sweden 2016, assessments from analysts in the Nordic region and Europe formed the basis of the analysis of the financial communication of listed companies.
The category Best Swedish CEO Large Cap consisted of 46 companies and is calculated from the averages of three criterias : Trustworthiness, Public performance and Communication. Based on these criterias, financial analysts have ranked Per as the top performer.
At the European Coatings Show 2017 (ECS), which is going to take place in Nuremberg from April 4 to 6, BASF experts and specialists from BTC, the distribution organization of BASF, will present new raw materials for the coatings, paint and construction industries at booth 523 in hall 7A. The broad range of products offered by BASF includes dispersions, resins, formulation additives, light stabilizers, antioxidants, pigments, hardeners, cross-linking agents, reactive diluents and solvents.
Valmet has become one of the first technology suppliers to the global pulp and paper industry to adopt 3D printing technology in its manufacturing processes to shorten lead times.
"3D printing, also called additive manufacturing, is an excellent example of an emerging technology that has huge potential to be exploited widely in Valmet in the future. We have taken a big step towards offering next-generation products without being limited by yesterday’s production processes," says Ari Saario, R&D Director at Valmet.
Supremex Inc., a leading North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, today announced it has acquired substantially all of the assets of Quebec-based Durabox Paper Inc., a manufacturer of specialty corrugated paper boxes.
Clearwater Paper Corporation today announced the permanent closure of its Oklahoma City converting facility and permanent shutdown of two tissue machines at the company’s Neenah, Wisconsin, tissue facility.
"As an integral step in our overall strategy to optimize our operations through better asset utilization, we will be taking these difficult but necessary actions while delivering on our growth objectives," said Pat Burke, group president for Clearwater Paper.
The Lucca-based Group received the award in the Best Environmental Performance Paper Brands category
The commitment to sustainability shown by Sofidel, world leading hygienic and household tissue manufacturer, has been recognised by the WWF in their Environmental Paper Awards 2016 ceremony. The award is dedicated to the brands in the paper sector that have distinguished themselves the most through environmental performance and to the paper manufacturers committed to guaranteeing the transparency of their products’ footprint and the constant effort to improve environmental performance.
Tiede Appointed Chief Operating Officer ; Arthur, Coker and Fuller Promoted to Senior VP of Company’s Global Businesses
Smurfit Kappa is involved in a three-way battle to secure one of at least two spots up for grabs this week on London’s blue-chip FTSE 100 index.
With a quarterly review of FTSE 100 members due later in the week, based on Tuesday’s closing market valuations, Smurfit Kappa is vying with Scottish Mortgage Investment Trust and medical products and technologies company Convatec to join the influential index, according to Colin Farley, head of quantitative analysis with Cantor Fitzgerald in London.
Seeking new ideas for fibre yield and composites ? Re-use of heated process water and other raw materials are producing results worthy of celebrating with a quality champagne at the Kadant Technology Centre in Champagne, France.
Metso’s Installed Base Management Services enables the oil and gas industry to be better prepared for turnarounds and improves the long-term availability and reliability of their field devices. The digitalized solution has been successfully applied in turnarounds around the world, and demand for it is continuously increasing as its benefits become more evident.
Kabel Premium in Germany has acquired Savcor Zenith CE to optimize their roundwood purchasing software and to ensure the raw material supply of the factory. Zenith CE can serve timber purchasing solution, timber trading solution as well as a solution of forestry production.
UPM has successfully tested Finnish wood-based diesel fuel both in laboratory conditions as well as in traffic. The tests clearly demonstrated that UPM’s renewable diesel, UPM BioVerno, works just like the best diesel fuels.
The laboratory tests of renewable UPM BioVerno diesel were conducted in the VTT Technical Research Centre (VTT) and field tests in Helsinki region bus traffic together with Helsinki Region Transport (HSL). The year-long bus field tests’ measurements were done by VTT, and the tests were also supported by Transdev Finland Oy, Volvo and St1.
Garo is pleased to announce the AB4000R Liquid Ring Compressor, a new frame and expansion of the GARO two stage compressor series. The AB4000R offers up to 7% improved efficiency over competing liquid ring compressors in this range, and delivers the proven reliability and performance for which Garo is known worldwide.
Kemira Oyj’s President and CEO Jari Rosendal has been appointed Chairman of the Board of Chemical Industry Federation of Finland for one year.
The decision was made in the federation’s autumn gathering on November 24, 2016 and the chairmanship starts at the beginning of 2017.
Timo Lappalainen, CEO, Orion Oyj ; Kimmo Kedonpää, CEO of Pipelife Finland Oy and the chairman of the Rubber Manufacturers’ Association of Finland who will be appointed later on, were chosen as vice-chairmen.
Timo Lappalainen has acted as the chairman before Jari Rosendal.
Mondi Group is very pleased to have been recognised in three categories of WWF’s Environmental Paper Awards in 2016.
In the category ‘’Transparency’’ Mondi was recognised for publishing the forest, climate and water footprint of 92% of our uncoated fine paper brands.
In the category “Best Environmental Performance Paper Brands”, 32 of our uncoated fine paper brands received this award, reaching over 80% of achievable scores.
In the category “Striving for Continual Improvement” our packaging paper brands were recognised for using a proactive approach in assessing the forest, water and climate footprint for internal purposes, using WWF´s Check your Paper Method.
DS Smith has appointed Isabel Rocher, former head of EU packaging and shipping supplies at Amazon, to lead its new specialist e-commerce team.
Taking the role of head of e-commerce, Ms Rocher will work on a pan-European basis, spanning the marketing, development and innovation teams to further develop DS Smith’s e-commerce proposition.
Metso will showcase its extensive valve offering for oil and gas, pulp and paper, and other process industries at the Valve World Expo 2016 taking place from November 29 to December 1 at Conference Center Messe, Dusseldorf, Germany. At the same time, the company’s multipurpose pump technology will be featured at the Pump Summit 2016, taking place simultaneously in an adjoining hall.
Junction, Europe’s leading hackathon, was held last weekend in Wanha Satama, Helsinki. During 48 hours, teams of hackers and designers competed in creating the best hack in 11 different tracks ranging from virtual reality and IoT to healthcare and fintech.
Agnès Boyer, Associate Professor at Grenoble INP-Pagora, was named Academic Director of the engineering school. She succeeds Isabelle Desloges who, having occupied the position for eight years, has taken charge of International Relations.
After graduating from the ENSEEG school of engineering in 1993, Agnès Boyer completed her PhD in Process Engineering in Grenoble in 1997. In 1998, she was recruited as Associate Professor at Grenoble INP-Pagora, with an environmental focus that shapes all of her activities, be they academic or scientific.
International packaging and paper company Mondi ranks again first in mill performance with their Uncoated Fine Paper mills in the new EMGE cut-size industry survey for 2016, yet again improving on its top rating in 2015. In terms of brand awareness, Color Copy, IQ and MAESTRO® take 3 of the top 5 spots for mill brand awareness in Europe. Snegurochka is the best known brand in Russia and the Baltics, mentioned by 80% of the regional participants.
Today and tomorrow skill needs of the European Industry require updating the education and training offer.
Today, the European Social Partners in the Pulp and Paper Sector, CEPI and industriAll Europe, presented a set of policy recommendations that should contribute to a more comprehensive skills strategy in Europe.