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The plans 2018-2020 within UPM share incentive programmes

UPM’s Board of Directors has approved the commencement of new plans for the period 2018-2020 within the company’s two long-term share incentive programmes : the Performance Share Plan and the Deferred Bonus Plan.

The long-term share incentive programmes consist of annually commencing new plans subject to the approval of the Board of Directors of UPM in each case.

The earning criterion for the earning period 2018-2020 of the Performance Share Plan is the total shareholder return during 2018-2020.

The earning criteria for the Deferred Bonus Plan are based on the Group and each business area’s EBITDA. The plan for the period 2018-2020 consists of a one-year earning period (2018) and a two-year restriction period following thereafter (2019-2020).

The share incentive plans for the period 2018-2020 cover in total approximately 400 participants. In case all the set performance targets are met in full, the estimated total maximum number of shares to be delivered under these plans is approximately 1,100,000 shares. The above indicated estimate of the maximum share rewards represents the gross value of the rewards of which the applicable taxes will be deducted before the shares are delivered to the participants.

Share delivery will be executed by using already existing shares and the plans, therefore, have no dilutive effect. Besides the attainment of the performance criteria the share reward under both plans is subject to the continuation of the employment. The share rewards earned on the basis of the plans for the period 2018-2020 will be delivered in 2021.

2018-02-15 
Kemira increases prices of polymer products in EMEA

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.

2018-02-14 
Hadrien Cottin is the new area sales manager for Felix Schoeller Digital Media in France and the Benelux countries.

The Felix Schoeller Group, a leading German specialty paper manufacturer based in Osnabrück, welcomes Hadrien Cottin as its new sales manager for France and the Benelux countries. Cottin is a highly regarded specialist in the French print market.
He was formerly the Secretary General of the French Association of Paper and Packaging Distributors (AFDPE) and General Coordinator of MIP, the cross-sector association of paper and paperboard manufacturers. Cottin also worked as country manager for Two Sides France and Print Power France. In his new position he will be the point of contact for Felix Schoeller Digital Media’s entire product portfolio, liaising with existing retailers and customers and building new long-term customer relationships, based on trust. “The Felix Schoeller Group’s specialty papers are of the highest quality, offering product benefits that are sometimes unique. I am looking forward to working closely with our retailers and customers in France, Luxembourg, Belgium and the Netherlands and helping them to get to know our products and services,” says Cottin, describing how he sees his new job. This expansion of our team is another step that reflects our corporate promise : Best Performing Papers. Worldwide.

2018-02-14 
Imerys strengthens its presence in ground calcium carbonates in India

Imerys has completed the acquisition of the carbonate business of Vimal Microns, a key Indian producer of ground calcium carbonates. With almost 200 employees, this business generates a revenue of ca. 500 million of Indian Rupees (€7 million).
Following this deal, Imerys, which is a global player in Carbonates, strengthens its presence in India, in particular for growing market applications (polymers and coatings). This business will be consolidated in the Carbonates division, which is part of the Energy Solutions & Specialties business group.

2018-02-13 
Board of Directors of Ahlstrom-Munksjö decided on a new performance period under the long-term share-based incentive plan

Ahlstrom-Munksjö’s Board of Directors has today decided on a new performance period under the long-term share-based incentive plan announced in October 2017. The aim of the plan is to align the objectives of the company’s shareholders and key personnel to increase the company’s value and to commit key personnel to the company through an incentive system based on ownership of Ahlstrom-Munksjö shares.

The long-term incentive plan structure 

The plan includes a rolling structure of individual performance share plans, each with a three-year performance period. The first performance period started as of 2017 and the Board has today decided on the commencement of a further plan period for 2018-2020. The performance criteria for the 2018-2020 performance period will be the Total Shareholder Return (TSR) including share price change and profit distribution during the performance period. Additionally, no reward will be paid in case an underlying EBITDA requirement is not met.

There will be approximately 65 key persons appointed as eligible to participate in the 2018-2020 plan.

The potential reward for the 2018-2020 plan will be paid in 2021. The reward will at the company’s choice either be paid in the form of company shares or in cash.

If the targets set for the 2018-2020 performance period of the plan are met, the estimated aggregate gross value of the rewards to be paid will be approximately EUR 3.6 million excluding the social costs, or, as an estimate, approximately 190,000 Ahlstrom-Munksjö shares, when calculated based on the trade volume weighted average quotation of the share of Ahlstrom-Munksjö during the month of January 2018. Should the maximum level of performance criteria be achieved, the estimated maximum gross value of shares to be paid will be approximately EUR 7.3 million excluding the social costs, or, as an estimate, approximately 390,000 Ahlstrom-Munksjö shares, when calculated based on the above-mentioned average quotation of the share during the month of January 2018.

The attained reward represents a gross earning, from which the applicable payroll tax is withheld and the remaining net value is delivered to the participants.

Other terms

All members of the Management Team shall accumulate and, once achieved, maintain a level of share ownership corresponding to their annual gross base salary. The members of the Management Team are expected to use at least fifty per cent of the net reward received under the long-term incentive plans for accumulating their share ownership until the above share ownership level has been achieved.

2018-02-13 
APP response to Joint NGO Statement on 5th Anniversary of Asia Pulp & Paper’s Forest Conservation Policy

In the 5 years since APP launched our Forest Conservation Policy(FCP), we have made significant progress in achieving our goals as part of our new way of doing business. Whilst there have been challenges, we have sought to address these by working together with all our stakeholders, including NGOs.

The NGO groups who put their names to this statement are all important stakeholders of ours, whom we engage with frequently through a variety of platforms, including our bi-annual Stakeholder Advisory Forum where we review together how we can improve on our progress in implementing the FCP.

We are already in dialogue directly with these groups on the issues raised in the statement, but would also like to take the opportunity to share more widely our response to the areas of concern :

1. Wood supply and involvement in deforestation

The statement alleges that APP’s plantations will not provide enough fibre to meet the demand of our mills on a sustainable basis. As a business, it is the utmost priority that we have enough supply for our production. With the support of The Forest Trust and Ata Marie, APP has made several projections on the sustainability of the pulpwood supply, using methodology that has been verified by Rainforest Alliance. The result suggests that APP will have enough supply for its production. We are confident that our fibre supply can be improved sustainably in order to meet our future demand. Over the last 5 years we have already achieved significant improvements in yield, efficiency, and reducing wood loss and leakage.

As for the observation that APP concessions continue to be deforested by third parties, we agree that third party deforestation is a critical issue not just for us but for all forestry companies across Indonesia and worldwide. We have been working to address encroachment alongside local and national authorities and will continue to do so, actively seeking to improve on the lessons we’ve learned to date. APP has repeatedly stated that it is open to working together with stakeholders/organisations in addressing the issue of third party forest clearance and welcomes the opportunity to work with the NGOs identifying this as a critical issue.

On the alleged relationship with PT. Muara Sungai Landak, we would like to reiterate that there is no business nor ownership relation between APP and PT.MSL. If any of our employees have involvementin other business, as a result of which a conflict of interest which violates our business code of conduct could occur, we will undertake disciplinary action which can include the termination of employment.

2. Progress in resolving land conflicts

In response to the claim that we have failed to show enough progress on resolving social conflict in our suppliers’ concessions, we would agree that we hoped to be further along

in resolving conflicts. However we are also committed to resolving conflicts in a lasting way. As of end of 2017, 43% of the identified conflicts in our suppliers’ concessions have been resolved. In resolving conflict, we have developed multi-stakeholder working groups at regional level, improving coordination and communication with relevant stakeholders and the Government, and engaging with professional consultants to act as mediator in conflict resolution process.

Many of the remaining conflicts to resolve involve multiple parties with multiple terms and combine issues related to land tenure and livelihoods - all of which take careful attention to ensure that all parties are satisfied with the way conflicts are resolved. APP is in dialogue not only with communities involved but also the social NGOs supporting them and welcomes the engagement of the NGOs listed to be part of the working groups that we have established.

3. Protecting peatlands

In response to the concern that APP is not making fast enough progress on peatland restoration, we would again share the eagerness of the NGOs listed to see this move faster. APP is committed to restoring peatlands and needs to align this with the requirements of the Indonesian Government, particularly the processes under the peat regulation. APP has focused its initial efforts on two LiDAR mapping exercises, building canal blocking to maintain water levels in peat forests directly bordering to the production areas, as well as research into alternative peat species which can be used for production, restoration and community use. APP’s suppliers impacted by the peat regulation have also revised their long-term workplan (RencanaKerja Usaha/RKU), which has been approved by the Government. Currently we are continuing to the next process on field verification. Any landswap that would be granted by the Government as part of the process under the peat regulation, will be subjected to our FCP and all associated impact assessments, as well as achieving the Free, prior and informed consent of nearby communities.

4. Relationships with our suppliers

We have never sought to mislead our stakeholders about our relationships with our suppliers. In the course of 2013/14, APP subjected itself to an independent assessment on APP relationship with not only its suppliers but also several other companies proposed by NGOs that allegedly have ties with APP. The assessment covered not only ownership relationship but also business and economic influence APP might have over these companies.

APP confirms that there is no ownership link with the 29 third party suppliers declared by the assessment. Furthermore all 29 third party suppliers are committed to compliance with the FCP.

APP also enforces business code of conduct to its employees. If any of our employees have involvement in other business, as a result of which a conflict of interest which violates our business code of conduct could occur, we will undertake disciplinary action which can include the termination of employment.

5. Independent monitoring

We are committed to independent monitoring of our performance against our sustainability commitments. Since the launch of our FCP, APP has sought to engage and involve its stakeholders, through :

· The independent assessment of FCP progress undertaken by Rainforest Alliance, as part of which public consultations were conducted

· Public consultations, focus group discussions and working groups that are part of the ISFMP (Integrated Sustainable Forest Management Plan) development process

· The Independent Observer (IO) platform, where stakeholders including NGOs are invited to observe the implementation of the FCP

· Our formal Grievance Mechanism, where the public can log any suspected violations of the FCP, guaranteeing an on-the-ground investment involving TFT and other relevant stakeholders

· Regional Social Working Group, now active in Riau, Jambi and South Sumatra

· Our Stakeholder Advisory Forum, held twice a year, as part of which APP presents its progress in FCP implementation and a wide group of stakeholders is invited to contribute their views to help us improve our performance.

We will continue to engage and take on board views of all stakeholders as we implement our FCP, and look forward to doing this both in the next Stakeholder Advisory Forum on 22nd March, as well as through bilateral dialogue. We are open to work with the NGOs listed in this statement, and all other interested stakeholders, on improving how we report on progress so that concerns can be put to rest.

We would also like to encourage our stakeholders to utilise APP’s Grievance Mechanism to report any concern of violation of the FCP commitment. Through this mechanism, APP team will undertake ground verification and the report will be made public.

Finally, we are finalising a more detailed progress report on progress against our FCP over the last 5 years and plan to publish it later this month.

2018-02-13 
Valmet to supply a wet end rebuild for Sappi Gratkorn Mill in Austria

  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.

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.

2018-02-13 
Stora Enso launches bio-based lignin as renewable replacement for oil-based phenolic materials

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.

2018-02-13 
ANDRITZ successfully starts up tissue machine with the world’s largest steel Yankee dryer in Brazil

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, 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.

2018-02-13 
Albany International Announces New CEO

Albany International Corp. announced today its Board of Directors has appointed Olivier Jarrault as President, Chief Executive Officer and a member of the Board to succeed Joseph G. Morone, effective March 2.

Mr. Jarrault, 56, is a 14-year veteran of Alcoa, where his career culminated in his appointment in 2011 as Executive Vice President and Group President of Alcoa Engineered Products and Solutions (“EPS”), leading a portfolio of global advanced-technology components manufacturing businesses serving a number of markets, including aerospace, industrial gas turbines, commercial transportation, and building and construction. At the helm of EPS until 2016, Jarrault drove, through a combination of organic growth and several acquisitions of high performance materials companies, the transformation of the EPS value-add portfolio into a global multi-material aerospace product and solutions leader. Under Jarrault’s leadership, focused on growth, disciplined execution and operational excellence, all of Alcoa’s downstream businesses successfully increased their financial performance. EPS aerospace customers include Safran, GE, United Technologies, Boeing and Airbus. In his role as EVP and Group President of EPS, Mr. Jarrault had extensive interactions with Alcoa’s investors and Board of Directors.

2018-02-12 
Valmet to supply a cooking plant rebuild and brown stock washing to Smurfit Kappa kraftliner mill 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.

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.

2018-02-12 
Fourth machine supplied by Recard to the Serbian company Drenik

The bond that unites Recard and Drenik ND d.o.o. becomes even stronger. The company has once again chosen to entrust Recard with the second machine destined for its paper mill in Hungary, purchased a few years ago. The new agreement entails the supply of another complete turnkey plant identical to the one requested last year for the company’s facilities in Serbia.

The machine in a 1850-mpm speed, 2850-mm format, with a production capacity of 120 tpd, will be fed by two stock preparation lines for virgin fibers and equipped with a hydraulic rewinder with 4 backstands, complete electrical plant, DAF system, mist and dust extraction systems and hall ventilation.

PM2 is the fourth Recard machine for the Serbian company, and startup is scheduled for the summer of 2019. An important confirmation of trust by Drenik, who has allowed Recard to place its first flag on Hungarian soil.

2018-02-12 
Tissue Italy Network appoints Executive Vice President

Tissue Italy, the network behind the iT’s Tissue event, has named Marco Dell’Osso in the new role of Executive Vice President. This senior position provides strength and vision for the organisation as it enhances its advocacy of “made in Italy” technology to provide the range of solutions for the worldwide tissue market.
Tissue Italy President Massimo Franzaroli said : “Marco has been a strong contributor to the creation and success of iT’s Tissue as a representative of one of the network members – Futura. He was therefore the natural candidate for this important new post – a strategic executive role in the Tissue Italy organisation. I, along with the other board members and the whole network of Tissue Italy, am delighted he has accepted.”
iT’s Tissue, with its third edition taking place this June, has established itself as the definitive showcase of Italian excellence in a unique open-house format. A senior executive was a natural evolution to ensure the continued development and success of the Tissue Italy network and iT’s Tissue.
Marco Dell’Osso said : “I have been committed to Tissue Italy and iT’s Tissue from their birth in 2012. We now have a world-class event without parallel, but to grow we need to evolve. The new role I am honoured to accept shows the commitment of all the network members to growth and innovation.”
iT’s Tissue 2018 will take place 25-29 June 2018 in Lucca, Bologna, Lecco and Reggio Emilia. Visitors from at least 70 countries are expected to witness game-changing technology up close and personal from 12 of the leading technology companies in the sector, while enjoying Italy’s renowned hospitality.

2018-02-09 
ANDRITZ to modernize DIP line at Metsä Tissue, Finland

Group ANDRITZ has received an order from Metsä Tissue to modernize and upgrade the existing DIP line at the Metsä Tissue mill in Mänttä, Finland.

The new DIP line is to supply the furnish for all three tissue machines at the Mänttä mill and will process medium- to high-quality recycled paper grades to be used as raw material for production of various tissue products.

ANDRITZ will upgrade the pulping process with a new detrashing system – comprising a FibreGuard Detrasher, a FibreWash Drum, and a Detrashing Pump – to increase pulp quality through early removal of non-disintegrated reject materials.

In the three-stage coarse screening process, three new screens – type ModuScreen F and TC – with the latest slotted screen baskets and an AhlCleaner RB will be installed to ensure efficient removal of coarse contaminants at minimum fiber loss.

An ANDRITZ SpeedWasher will separate inorganic material, such as filler and coating pigments, from the fiber suspension to enable low ash content at the end of the line. An ANDRITZ Pulp Screw Press further dewaters pulp that is suitable for subsequent dispersing.

In order to meet the high quality requirements of certain tissue products, Metsä Tissue opted for installation of an ANDRITZ SelectaFlot flotation unit to improve brightness and remove ink particles at low fiber loss and energy consumption.

Basic engineering, dismantling of the existing equipment, erection, commissioning, start-up, and training will likewise be supplied by ANDRITZ to minimize the shutdown period.

Metsä Tissue is part of the Metsä Group, one of the largest forest industry groups in the world. The Mänttä mill has approximately 400 employees and produces toilet tissue, household towels, paper tissues, industrial tissue rolls, and greaseproof paper for baking and cooking. Mänttä was the first mill in Finland to use recycled fibre in tissue paper.

2018-02-09 
Pöyry PLC: Pöyry renames its Regional Operations Business Group to 'Infra, Water and Environment Business Group' and reinforces its Industry

Pöyry is renaming its reporting segment ’Regional Operations Business Group’ to ’Infra, Water and Environment Business Group’. The new name is taken into use on 9 February 2018.

Pöyry also continues to improve its client focus and further strengthens its Industry Business Group by consolidating its industry related process technology competence and engineering know-how in Norway and Sweden to the Industry Business Group. The infrastructure, water and environment related operations in Sweden continue to grow in the renamed Infra, Water & Environment Business Group. We continue with the selected approach for water and infra projects in Norway.

"The changes we are making today will result in an even better client experience," says Martin à Porta, President and CEO, Pöyry PLC. "The Infra, Water and Environment Business Group will house our deep consulting and engineering experience in rail, roads, tunnels, environmental consulting, water and wastewater. In particular, we are refining our Water offering to meet the ever increasing water demands caused by the megatrends of population growth and urbanisation. Through current and new offering, our experts and specialists will create more tailored solutions to help our clients drive real change and value in the water sector."

"By aligning our global delivery expertise and competence into a stronger Industry Business Group, we are harnessing the power of ’The connected company’ to bring world-class added value to our clients. The move enhances our overall organisational efficiency, increasing our capacity and capability to deliver global and local projects so we can fully serve our industry clients - wherever they are in the world."

Nicholas Oksanen, Executive Vice President, remains President, Industry Business Group. For the Infra, Water and Environment Business Group, Markku Oksanen continues President, Infra, Water and Environment Business Group, Northern Europe ; Ralf Reifferscheidt continues as President, Infra, Water and Environment Business Group, Germany ; Marcel Winter continues as President, Infra, Water and Environment Business Group, Switzerland ; and Thomas Kriesch continues as President, Infra, Water and Environment Business Group, Austria.

Pöyry’s financial reporting will be based on the following four reporting segments : Management Consulting Business Group ; Industry Business Group ; Energy Business Group ; and Infra, Water and Environment Business Group. Restated figures will be published before the publication of the half year financial report January - June 2018, on 9 August 2018.

2018-02-09 
Valmet to replace its first-ever Damatic Classic automation system delivered at Pankaboard's board mill in Finland

Valmet will replace the first-ever Damatic Classic automation system delivered with a Valmet DNA automation system at Pankaboard’s board mill in Lieksa, Eastern Finland. The system has been operating since 1979. Additionally, Valmet will also upgrade the mill’s existing Valmet Damatic XD automation system to Valmet DNA. The new system will increase process availability and improve its performance.

The order was included in Valmet’s fourth quarter 2017 orders received. The project will be executed in several stages and completed by mid-2019.

"At Pankaboard, we regard this project as an all-important business development project, and one that an advanced automation system supports well. The new system will enable us to develop our customer need-based and flexible operating model more cost efficiently," says Lauri Junnila, Managing Director, Pankaboard Oyj.

"New information management tools will provide the mill with a whole new dimension to process operations, giving operators access to the trend and event history straight from the operator interface. Together with functional descriptions linked to the controls, this will enable faster troubleshooting," says Juha Mykkänen, Sales Manager, Automation, Valmet.

2018-02-08 
The Board of Directors of Kemira Oyj resolved to continue incentive plan

The Board of Directors of Kemira Oyj has resolved to continue the long-term share-based incentive plan directed to a group of key employees in Kemira. The aim of the plan is to combine the objectives of the shareholders and the persons participating in the plan in order to increase the value of Kemira, to commit the participants to Kemira, and to offer them a competitive reward plan based on earning Kemira’s shares.

The Performance Share Plan 2018 includes one performance period, calendar year 2018. The potential reward of the Plan from the performance period 2018 will be based on the Kemira Group’s Intrinsic Value, calculated based on Kemira Group’s operative EBITDA and net debt.

The potential reward from the performance period 2018 will be paid partly in Kemira’s shares and partly in cash in 2019. The cash proportion is intended to cover taxes and tax-related costs arising from the reward to the participant. As a rule, no reward will be paid, if a participant’s employment or service ends before the reward payment.

The shares paid as reward may not be transferred during the restriction period, which will end two years from the end of the performance period. Should a participant’s employment or service end during the restriction period, as a rule, he or she must gratuitously return the shares given as reward.

The Board of Directors recommends that a member of the Management Board will own such number of Company’s shares that the total value of his or her shareholding corresponds to the value of his or her annual gross salary as long as the membership continues. If this recommendation is not yet fulfilled, the Board of Directors recommends that a member of the Management Board will hold at least 50 per cent of the net number of shares given on the basis of this plan also after the end of the restriction period, until his or her shareholding in total corresponds to the value of his or her annual gross salary.

The Performance Share Plan 2018 is directed to a maximum of 90 people. The rewards to be paid, if the criteria are fulfilled, on the basis of the Performance Share Plan 2018 will amount up to an approximate maximum total of 585,000 Kemira Oyj shares. In addition, a cash proportion intended to cover taxes and tax-related costs arising from the reward is included.

2018-02-08 
Europapier takes a participation in the packaging specialist Carl Bernh. Hoffmann GmbH in Jeging, Austria

On February 2nd, 2018, Europapier International AG, a member of the Heinzel Group, signed an agreement with Carl Bernh.Hoffmann GmbH & CO KG in Kaarst, Germany, regarding the purchase of a 38.33% participation in Carl Bernh.

2018-02-07 
Smurfit Kappa, one of the world’s leading paper-based packaging firms, continues its investment in sustainable technology in Mexico

An advanced new paper machine (PM6) began operating at the Los Reyes Paper Mill site in the State of Mexico in January.

2018-02-07 
Valmet signs Value-Added Reseller agreement with RR Projects in Ireland

Valmet has signed a Value-Added Reseller (VAR) partnership agreement for power and process industry automation with RR Projects in Tullamore, Ireland, to go into effect immediately. Together, the two companies will be targeting Irish process industries in the utility sector, particularly power and water.

Valmet will benefit from the capabilities of RR Projects to provide full sales and technical service for automation in Ireland, while Valmet’s advanced services and automation solutions will improve the reliability and performance of the processes of RR Project’s customers, enabling them to utilize raw materials and energy more effectively.

"We are extremely pleased that Valmet has joined with us in forming a strategic VAR agreement for the power and process industry automation market in Ireland. It means that our offering to our customers and the wider Irish market will be greatly enhanced. I am looking forward to a successful business relationship with Valmet and a prosperous future," says Patrick Cassidy, Business Manager, RR Projects.

Skills and expertise combined for top customer outcomes

Building on their strong position in the Irish market and large installed base in the utility sector, RR Projects is now diversifying into the automation market to complement their existing offerings. RR Projects sees automation as a growth industry in Ireland and hopes to capture new projects being planned.

The two companies expect the combination of RR Projects’ contacts and influence, together with Valmet’s DNA platform, to widen their customer base in the Irish control marketplace.

"We see Ireland as a good opportunity for growth. It has some very interesting prospects coming up in the next few years, and we look forward to working on them together with RR Projects," says Kari S. Heikkilä, Director, Partner Business, Automation, Valmet.

"We are also hoping to benefit from RR Projects turbine capabilities by offering turbine control system replacements on both gas and steam turbines in Ireland. Valmet has done this successfully across a number of existing original equipment manufacturers (OEMs)," says Darren Smith, Sales Manager, Automation, Valmet.

2018-02-07 
New Fazertec double disc refiner

The Fazertec double disc refiner is designed and developed for continuous refining process of various wood chips, synthetic fibre and other diverse fiber materials. It is used in laboratories and research centres, pulp and paper industry and other related industries. The machine is used for turning the wood chips to pulp and can further used for pulp conditioning. and makes pulp of synthetic fibers, glass fibers and carbon fibers. With this machine, it is easy to perform processing into fiber and fibrillation of various polymers in diverse fields. Its shape is the same as the practical refiner used in the manufacturing plant.

2018-02-06 
PulPaper 2018: Wood is the raw material of the future

PulPaper gathers the best forest industry experts from around the world in Helsinki in May. The futuristic theme of the event is “Visit tomorrow today.” With the help of new innovations and technologies, the forest industry is developing in a digitizing world with respect for the environment. What is the future of wood as a raw material ? PulPaper 2018 will be held at the Helsinki Expo and Convention Centre May 29 to 31.

There is a strong environmental perspective in the PulPaper Conference seminar programme May 30-31. The PulPaper Conference consists of joint key note speeches and several alternative parallel programmes from which one may compose the most interesting thematic whole for oneself. The conference programme includes circular economy, use of biomass, and climate change, as well as the development of bio-refinery.

Environmental friendliness as competitive advantage

Environmental standards are often seen as a burden on the industrial sector. In PulPaper’s seminar sections, the topic is approached through opportunities. Environmental friendliness and new innovations can be a competitive advantage for companies.

  • In the programme under the economics of recycling theme, Mari Pantsar, Director of SITRA, envisions the future of Finland with regard to the circular economy. Case examples from companies present data-based sensors utilized in treating cellulite industry waste waters and the utilization of industrial waste as agricultural fertilizer products.
  • The thematic programme regarding new technologies examines innovations and their utilization in renewing the whole industry. Heiner Grussenmeyer, R&D Director of Stora Enso, will present a research project seeking breakthrough technology for the manufacture of chemical pulp. Aalto University professor Tapani Vuorinen for his part will tell about the new catalytic bleaching method.
  • In the thematic programme revolving around the concept of development of bio-refineries, Lakehead University professor Lew Christopher will analyse the kinds of possibilities offered companies by transition to new bio-refineries concepts. Olli Dahl, Professor of Environmental Technology within Process Industry at Aalto University, will assess the business opportunities of the new bio-refinery planned for Kemijärvi, and Gisle Løhre Johansen, R&D Director of Norwegian Borregaard will present the operations of a corresponding Norwegian mill.

Will wood replace fossil based materials ?

Forest industry is experiencing a transition period as the environmental impact of the sector is known better than before. PulPaper deals with the use of biomass in relation to climate change, related environmental regulations, and the use of wood as a replacement for fossil based materials.

  • ·he topical theme programme focusing on the use of forest biomass and the management of climate change will address issues at the level of Europe, the Nordic countries, and Finland. Bernhard Wolfslehner, Head of the European Forestry Institute, will speak about EU-level provisions in the field, Swedish forestry researcher Johan Sonesson will consider the availability of biomass and related policies from the Nordic perspective, and Professor Antti Asikainen of the Natural Resources Centre will address opportunities to increase biomass availability in Finland.
  • Renewable wood raw material based solutions are featured in the thematic programme where how different wood based processed products can replace products from fossil materials, such as plastic, are presented. Managing Director Åsa Ek of the Swedish start-up company, Cellutech, will tell how innovations are made from ideas and what kind of new materials the company is currently developing from wood. Jarmo Ropponen from VTT till tell about what is happening with the development of bio-plastics and Suvi Haimi will tell about the case of her company Sulapac’s packaging material.
2018-02-06 
Discovery GOXM surpasses Trees Milestone performing Outdoor sports

From September to December 2017 hundreds of sports lovers from 29 European countries responded to Discovery’s challenge to Go the Extra Mile. In this bid to achieve a healthier lifestyle and promote the environment, each competing team chose to walk, run or cycle the furthest distance possible. In total, participants covered 207,075km, which corresponds to five laps around the world.

The challenge involved teaming up with colleagues and friends – three to eight members per team – and exercising outdoors, to accumulate as many kilometres (and points) as possible on the GoXM App. Coimbra Trail Running, the victorious team, from Iberia, achieved the highest average of accumulated points at a European level, winning the coveted trip to Costa Rica, one of the most eco-friendly countries on Earth. Top scoring teams at a regional level (seven regions in total) won sports watches (1st) and sports gi-vouchers (2nd).

Discovery also created to the GoXM Forest program. This eco-efficient office paper brands is commited to planting a tree for every 100 kilometres covered by contestants across Europe. It’s easy to do the math : for the 200,000 km covered, 2,000 trees will be planted in Água Alva, in southern Portugal, including oaks, cork oaks, eucalyptus and strawberry trees.
“In this sense, the winners were not the only ones worthy of applause. Each of the participants achieved the challenge’s mission to “Go Further Go Greener” and all are to be congratulated”, says Discovery’s Brand Manager, Márcia Loonstra das Neves.
This European-wide campaign exceeded the brand’s expectations by motivating its community to enjoy a healthier lifestyle and gain a greater awareness of sustainability issues.

Regional Winners
The 29 countries involved in the challenge were grouped into seven regions. First and second-best teams of each region win great prizes !

Central Europe

  • 1st Viribus Unitis
  • 2nd Run for the Forest Run


  • 1st The warriors
  • 2nd Antalis Bordeaux


  • 1st JRopes
  • 2nd Costa Chichas


  • 1st Club Triatlón Las Rozas 1
  • 2nd 1Ananas1bananas


  • 1st Gazzelle
  • 2nd Frescoteam

Northern Europe

  • 1st Staples Belgium 1
  • 2nd Staples Belgium

United Kingdom

  • 1st Sponge Bobs square pants
  • 2nd Spicers Marketing
2018-02-06 
BillerudKorsnäs adopts science based climate impact targets

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.

2018-02-06 

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