Valmet will supply an extensive rebuild for Sylvamo’s paper machine PM 2 in Eastover, South Carolina, USA.
خواندن ادامه مطلبآرشیو برچسب های: North America
اخبار خارجی
Valmet invests in roll cover production in the Columbus service center in the United States
29
آذر
آذر
Valmet is investing in state-of-the-art process equipment at its roll service center in Columbus, Mississippi, United States to broaden the scope of process covers being manufactured.
The value of the new investment will not be disclosed. Main equipment installations and commissioning took place during the third quarter 2023 and the new process is currently fully operational.
“This strategic investment shows our commitment to enhance our rubber, composite and polyurethane manufacturing capabilities and strengthens Valmet’s position as an industry leader for roll covers. It also responds to the growing demand for roll services that we have seen with the investments our customers continue to make in North America. Being close to our customers is one of our core commitments,” says Jonathan Demers, Director, Roll Services, North America, Valmet.
19
آذر
آذر
Elopak has announced plans to build its first U.S. production plant with the latest state-of-the-art technology for the production of Pure-Pak® cartons for liquid dairy, juices, plant-based products and liquid eggs.
The new production facility will be located in Little Rock, Arkansas and is expected to start production in the first half of 2025. It represents a significant investment for the region of around USD 70 million including the land, the building and the equipment.
In a statement, Elopak said, “Following the investment announcement in June 2023, the company has evaluated different financing opportunities and concluded to own and fully finance the plant on the balance sheet. Hence, the nominal cost of the investment will be recognized in the balance sheet instead of the discounted value of the lease payments, increasing the reported investment by around USD 15 million.”
This is economically more profitable for Elopak compared to partly leasing, which was assumed in June.
02
آذر
آذر
Global pulp prices have fallen steadily since late 2022, when they reached record highs. The most significant decline has been for hardwood pulp, traded at a substantial discount to softwood pulp. Global pulp inventories were down during the summer, and there were signs that the market tightened, and pulp producers were starting to see opportunities to move prices upward in the fourth quarter of 2023 following almost 12 months of declining pulp prices.
Despite declines in pulp prices over the past year, wood fiber costs have not experienced the same downward trend. On the contrary, tighter residual supply resulting from lower lumber production has kept wood chip prices high in many markets.
27
آبان
آبان
WestRock, a leader in sustainable fiber-based paper and packaging solutions, today announced it has entered into two virtual power purchase agreements (VPPAs) with ENGIE North America (ENGIE), a subsidiary of ENGIE S.A. and global leader in the net zero energy transition. The VPPAs are designed to add renewable energy to the U.S. energy grid and mark a step forward in WestRock’s commitment to reduce greenhouse gas emissions.
The agreements support two of ENGIE’s solar projects – Bernard Creek located in Wharton County, Texas and Chillingham Solar located in Bell County, Texas – for an aggregate of 282 megawatts (MW).
The new projects comprise one element of WestRock’s strategy to pursue a science-based target (SBT) to reduce Scope 1, 2 and 3 greenhouse gas emissions by 27.5% by 2030. Schneider Electric provided advisory services and strategy management for the WestRock and ENGIE agreements.
اخبار خارجی
Sustainable packaging fuels growth and innovation in specialty papers, new Smithers data reveal
21
آبان
آبان
Demand for more greener packaging is aligning with innovation in industrial applications to future drive sales of specialty papers, according to the latest Smithers research.
Data from its new study – The Future of Specialty Papers to 2028 – show production of these engineered premium paper grades will reach 26.52 million tons in 2023, up from 24.23 million tons in 2018. Despite challenging economic conditions in several core markets, an overall positive growth trajectory is forecast by Smithers expert data modeling. Consumption of specialty papers is forecast to increase at a +2.1% compound annual growth rate (CAGR) across 2023-2028, adding an extra 2.97 million tons of demand, globally, over the five[۱]year period.
The specialty paper market remains febrile, recent changes in paper sales patterns, in particular declining demand for office and printing grades, has seen several graphic paper assets retooled to make specialty grades. Modern papermaking innovations allow these to produce specialty grades on larger more efficient paper machines, threatening the margins of smaller established specialist paper converters.
خواندن ادامه مطلب
20
آبان
آبان
Specialized Packaging Group (SPG), a leading, vertically integrated provider of protective packaging products, today announced the acquisition of Monroe, Michigan-based Complete Packaging (Complete), a portfolio company of the Spell Family Office. Complete provides custom-designed packaging solutions for a diverse array of end markets, including automotive, heavy truck, energy, aerospace, defense, heavy equipment, and general industrial.
SPG, one of the largest independent protective packaging manufacturers in North America, is a portfolio company of Altamont Capital Partners. The acquisition will enhance SPG’s existing capability set by expanding the company’s engineered packaging offerings and geographic reach while adding approximately 90 employees to its 1,600-person workforce. Complete’s leadership and full workforce will continue to operate in their current locations in Detroit and Monroe, Michigan.
خواندن ادامه مطلب
06
آبان
آبان
One Equity Partners announced that it has entered into a definitive agreement to sell Walki Holding Oy, a pan-European supplier of sustainable and high-performing packaging and engineered materials solutions, to Oji Holdings Corporation, a Japanese paper products technology company.
Founded in 1930 and headquartered in Espoo, Finland, Walki is a specialty packaging materials manufacturer, offering consumer and industrial packaging for food and specialty consumer products, as well as engineered materials, such as insulation and fire-retardant facings, sustainable membranes, and protective clothing applications. The Company has 17 production facilities worldwide and employs more than 1,700 people. OEP’s acquisition of Walki closed in July 2018.
خواندن ادامه مطلب
30
مهر
مهر
International Paper announced a series of actions to further strengthen and optimize its manufacturing system to meet customers’ needs. The company will permanently close its containerboard mill in Orange, Texas, and will permanently cease production on two of its pulp machines – the #20 machine in Riegelwood, N.C., and the #4 machine in Pensacola, Fla.
“Decisions like these are extremely difficult, because of the impact on our employees, their families and the communities in which we operate,” said Chairman and CEO Mark Sutton. “We are grateful to our employees in Orange, Riegelwood and Pensacola for their significant contributions to the company over the years. We are committed to providing severance benefits, outplacement assistance and more to help employees during this time.”
24
مهر
مهر
In Amsterdam, across the 12-13 December 2023 the Plastics and Paper in Contact with Foodstuffs 2023 conference promises to be an exceptional gathering of the whole food contact supply chain, who look to address all topical concerns in the food contact industry and develop their knowledge on how to best comply with all the latest regulations.
Over 100 food contact professionals are expected to join us at the Marriott Hotel on the 12-13 December 2023. The 2023 agenda was carefully curated with insights from big industry players including Barilla, DS Smith, FEICA, ISEGA, Stora Enso, BASF, De’Longhi and many more.
A few of the recently confirmed speakers include Dr. Martin Klatt, Executive Specialist Regulatory Affairs, Head of Product Stewardship Dispersions & Resins at BASF, Dr. Ralph Derra, Managing Director at ISEGA GmbH, Peter Oldring, Regulatory Affairs Manager at Sherwin-Williams, Dr. Malcolm Driffield, Managing Scientist, Chemical Regulation & Food Safety at Exponent International, José Antonio Alarcon, Secretary of the Functional Barrier Consortium, CEO IGBS at Petcore Europe, Elisa Mayrhofer, Project Manager & Scientist at Austrian Research Institute for Chemistry & Technology, Marcello Pezzi, Product Safety Director at DS Smith.
خواندن ادامه مطلب
05
مهر
مهر
The development programme for Metsä Board’s white kraftliner mill in Kemi has been completed in parallel with Metsä Fibre’s new bioproduct mill. Metsä Board and Metsä Fibre are part of Metsä Group. In addition to increasing the mill’s capacity by 40,000 tonnes per year, the development programme will reduce the mill’s energy consumption by 5% and water consumption by around 40% per tonne produced.
The Kemi paperboard mill is the world’s largest producer of coated white top kraftliner and its products are used as a surface material for corrugated packaging worldwide. The development programme will increase Kemi’s annual production capacity of white kraftliners to 465,000 tonnes, with the majority being sold in Europe and North America.
04
مهر
مهر
BTG, a leading global supplier of integrated process solutions for the pulp and paper industry, is pleased to announce the appointment of Xin Shun Cui as the new President and CEO of the BTG Group. This strategic move comes as Robert Crossman, the former President and CEO, took on a new role as President Products and Service North America within the Voith Paper organization.
With a wealth of experience and a proven track record in the pulp and paper industry since 2013, Mr. Cui is well positioned to lead BTG into its next phase of growth and innovation. A trained financial professional, Xin shun started in 1993 his career with Motorola in China and moved to Hong Kong with ExxonMobil in 1997. In 1999, he went to Canada to pursue further education and career. In 2004, he moved back to Asia to further his career with Danaher and other US based MNCs before joining Voith. Since 2018 Mr Cui served as the CFO for the division Voith Paper P+S based in Heidenheim Germany. His extensive knowledge and leadership skills, multi-culture exposures, make him the perfect choice to continue driving the company’s commitment to delivering cutting-edge solutions that meet the evolving needs of the industry.
25
شهریور
شهریور
Pixelle Specialty Solutions said that it has improved safety and productivity at its specialty paper mill in Spring Grove, Pennsylvania, by installing a smelt spout robot manufactured by Valmet. The smelt robot is essential for keeping recovery boiler spouts open and improving efficiencies in the liquor recovery cycle.
The first smelt robot installation of its kind in North America, the robot regularly cleans the recovery boiler smelt spouts ensuring stable smelt flow, optimum cleaning and safer boiler operation, without manual intervention.
اخبار خارجی
Smurfit Kappa and Westrock merger deal would create the largest containerboard producer in the world
25
شهریور
شهریور
Smurfit Kappa Group CEO Tony Smurfit said that the combination of Smurfit Kappa and WestRock is a promising and complementary deal.
The two companies signed a definitive agreement to combine in what would create a $34 billion company with 23 million tons of mill capacity and 500 converting plants focused on containerboard, as well as a large consumer packaging business. The combined companies would be the largest containerboard and boxmaking company in the world.
If the deal is finalized, the new combined company is to be called Smurfit WestRock.
“(This) combination has a lot of merit,” said Smurfit from Ireland on Sept. 12.
خواندن ادامه مطلب
11
شهریور
شهریور
Greif, Inc. has acquired 51% of the ownership interest in ColePak, LLC in an all-cash transaction funded through Greif’s existing credit facility.
ColePak is the second largest supplier of paper partitions in North America and has a compelling future growth path in that unique product niche. As partners, ColePak adds a completely new product offering to the Greif paper converting portfolio, which provides integration to the Greif mill system in both containerboard and URB grades. Additionally, the ColePak margin profile is immediately accretive to the Greif portfolio.
The ColePak financial results will be reported within the Greif Paper Packaging & Services segment as part of its Q4 2023 results.
Greif is a global leader in industrial packaging products and services.
اخبار خارجی
Pulp Exports from Brazil Climb to USD 4.1 Billion in First Half 2023; China, North America Main Destinations
04
شهریور
شهریور
The Brazilian Tree Industry (Ibá) reported that for the first half of 2023, pulp exports from Brazil increased by 8.2%, totaling USD 4.1 billion, driven by sales to China and North America (United States and Canada). The balance generated by pulp exports to China increased by 25.4% and to North America by 19.9% in the first half of 2023.
The value of paper exports to North America also increased by 20.8%, reaching R$ 130.8 million between January and June, Ibá reports.
note: The paper segment includes: packaging and wrapping, printing and writing, tissue, newsprint, cardboard, and other grades.
In the first half of 2023, the increase in pulp exports to China positioned that country as the main destination for exports of pulp produced in Brazil, reaching USD 1.8 billion traded in the first six months of 2023, followed by Europe with USD 1 billion.
27
مرداد
مرداد
Matrix Pack has entered into an industrialization partnership and machine supply agreement with JOA to support Matrix Pack’s business development in North America and Europe. Matrix Pack partners with JOA for Dry Molded Fiber Machiner – PulPac
Global food service packaging manufacturer, Matrix Pack is launching hot and cold drink lids, as the start of a new line of sustainable foodservice packaging products, using PulPac’s groundbreaking Dry Molded Fiber technology. Matrix Pack announces that it has entered into an industrialization partnership and machine supply agreement with Curt G. JOA Inc. (JOA), a worldwide leader in the design and manufacture of converting machinery for the hygiene industry. JOA will support Matrix Pack’s business development in North America and Europe.
خواندن ادامه مطلب
17
مرداد
مرداد
WestRock today announced it will permanently cease operating its paper mill in Tacoma, Washington, and will conclude production by September 30, 2023.
WestRock is committed to improving its return on invested capital as well as maximizing the performance of its assets. The combination of high operating costs and the need for significant capital investment were the determining factors in the decision to cease operations at the mill.
خواندن ادامه مطلب
09
مرداد
مرداد
Billerud today announced that its President and CEO, Christoph Michalski, is leaving the company, with immediate effect. Michalski has held the position of CEO since November 2020.
Billerud’s Board of Directors has appointed the current CFO and deputy CEO, Ivar Vatne, as acting CEO. Vatne joined the company as CFO in May 2019 and has also been deputy CEO since October 2022. Prior to joining Billerud, Vatne held executive positions within Arla, Fiskars and P&G.
خواندن ادامه مطلب
08
مرداد
مرداد
Packaging Corporation of America (PCA) reported Q2 2023 net income of $۲۰۳ million, or $۲.۲۴ per share, and net income of $۲۰۹ million, or $۲.۳۱ per share, excluding special items. Q2 net sales were $۲.۰ billion in 2023 and $۲.۲ billion in 2022.
Excluding special items, the ($.92) per share decrease in Q2 2023 earnings compared to the Q2 2022 was driven primarily by lower volumes in the Packaging ($.90) and Paper ($.07) segments, lower price and mix in the Packaging segment ($.47), higher depreciation expense ($.09), and higher other converting costs ($.03).
خواندن ادامه مطلب- 1
- 2