Södra reported second quarter 2023 net sales of SEK 7,322 million (8,953). Operating profit totaled SEK 464 million (2,325), representing an operating margin of 6 percent (26). Return on capital employed was 13 percent (39) and the equity ratio was 61 percent.
During the quarter, the World-class Efficiency project achieved annual efficiency gains of SEK 500 million.
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Mexican tissue paper manufacturer Grupo Corporativo Papelera (GCP) is purchasing 32 acres in the East Montgomery Industrial Park in New Caney, Texas, the Houston Business Journal reported.
The estimated $400 million facility will serve as the site for the company’s new manufacturing and conversion facility, marking an expansion of its operations in the United States, the news outlet reported.
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Canfor Pulp Products said that production will resume at its Northwood Pulp Mill in Prince George, British Columbia, Canada, this week.
On July 13, Canfor Pulp curtailed production at the Northwood Pulp Mill due to limited storage space for pulp products that could not be transported overseas as a result of the labour dispute at B.C. ports.
The downtime could have reduced the mill’s production capacity by about 11,000 tonnes of market kraft pulp per week.
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The Manitoba government and the Community Economic Development Fund are partnering with Canadian Kraft Paper Industries Ltd. (CKP) to explore opportunities for transitioning to a greener economy in northern Manitoba, Natural Resources and Northern Development Minister Greg Nesbitt announced.
“Our government continues to invest in the north, creating and maintaining sustainable jobs,” said Nesbitt. “The use of forest biomass in the north can benefit both the environment and the local economy. It is a potential win-win that is well worth exploring further.”
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Saica Group has reached an agreement with the family owners and has acquired a minority share of their corrugated plants in Annone di Brianza and Pietrasanta, Italy. These two plants have a revenue of Euro 105 million in 2022, and provide direct employment to 247 people.
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UPM has signed an agreement on the sale of the recovered paper sorting plant ASK Kinsau in Germany to the Fisel Holding GmbH & Co. KG, a recovered logistics and municipal waste disposal company.
The sale and purchase agreement includes the site and buildings. The parties have agreed not to disclose the purchase price.
All employees of ASK Kinsau will be transferred to the new owner.
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The Fedrigoni Group is setting up a 3,000 square metre “Innovation Centre” next to its Verona office in Italy. The investment, which will include a share of public funding through NRRP funds, will be fully operational in the first quarter of 2024.
“We believe that without continuous improvement there is no future,” said Marco Nespolo, CEO of the Fedrigoni Group “and this improvement certainly comes through R&D, but also through the exchange of experiences and collaboration between different skills, in order to have the widest possible perspective and seize all opportunities,” said Marco Nespolo, CEO of the Fedrigoni Group.
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Rengo Co., Ltd. announces that its consolidated subsidiary, Tri-Wall Limited, has established a subsidiary in Suining City, Sichuan Province, China through its wholly owned subsidiary. The new subsidiary, Tri-Wall Bozheng Packaging Technology Co. Ltd., manufactures and sells heavy duty and general corrugated board and cases, and has started operation of its plant.
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Billerud has agreed with the investment company Mimir Group about a divestment of Managed Packaging, which offers packaging solutions to global brand owners.
Terms of the deal were not disclosed.
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The inauguration of the new integrated corrugated plant in Rabat, Morocco, marks Smurfit Kappas first operation in North Africa.
Morocco offers an exciting opportunity, with the OECD forecasting a 3.5% growth rate in 2023 and 3.7% in 2024. The country’s location enables Smurfit Kappa to serve not only the local market but wider regions in Africa.
The Group has invested over Euro 35 million in the 25,000 m2 facility.
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Northwood Group successfully launched Northwood Consuma Tissue (NCT) in December 2022, the company announces now the expansion of its converting capability with the purchase of a new 14-acre (5.7 hectares) site housing a 235,000 sq ft (22,000 sq m) facility in Ellesmere Port, Cheshire. This will dramatically increase the available output of toilet tissue and kitchen towel and allows the company to be true cross-category paper partners to its premium grocery customers.
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Runtech Systems delivers two RunEco vacuum systems to Shanying Suzhou Paper, at its site in Suzhou, Anhui Province, China. The delivery consists of 14 EP Turbo Blowers and parts for the concrete water separators. RunEco systems will provide vacuum for the two new linerboard machines PM71 and PM72 with design speed of 1,300 m/min and reel width of 8,600 mm. The total production capacity of the corrugating medium machines is around 800,000 tons per year.
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Industry-leading Turkish flavour company Aromsa, whose products include sauces, toppings, extracts and seasonings, was faced with a challenge. The company was fully committed to its sustainability strategy, but it had also started to work with a new customer who wanted to use stainless-steel containers for shipping. This would require an investment into approximately 250 stainless-steel containers, which is a costly packaging solution. In addition to high price, there are also the logistical costs of storage and maintenance, washing and sterilising the containers.
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Paper One Show, the premier international paper exhibition since 2007, is dedicated to all kinds of paper and paper manufacturing, paper jumbo rolls, finished products, printing, writing, tissue, and hygienic paper, converters, cartons, paperboard, and more.
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Andritz has received an order from Mpact Operations (Pty) Ltd. to upgrade a pulping line at its Mkhondo Paper Mill in Mpumalanga, South Africa.
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New Leaf Paper, Inc has acquired Arnold Grummer’s LLC. The Wisconsin-based company distributes nationwide as the preferred supplier of hand papermaking kits.
Arnold Grummer’s will remain in Wisconsin, with headquarters moving to New Leaf Paper in Appleton. Oversight of Arnold Grummer’s will move forward with Paul Bradshaw as President and Sabrina Schwietzer as Executive Vice President, both from New Leaf Paper, with transition support from Kim Grummer.
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Valmet has been selected to supply an OptiFlo Layering Fourdrinier headbox with Aqua layering technology, Valmet Conical Refiners Pro and Conflo to Shree Ajit Pulp and Paper Limited for their Unit 2 Mill at Vapi, Gujarat in India. The start-up is planned for the first quarter 2024.
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Musser Biomass and Wood products, a division of family-owned and -operated Musser Lumber Company based in Virgina, US, will invest $7.5 million (€۶.8m) and create ten new jobs to expand its operation in Wythe County.
The expansion will more than double production of dried hardwood chips and sawdust the company supplies to composite decking manufacturers, plastic extrusion companies, and BBQ and heating wood pellet companies.
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In mid-June, the leading full-line supplier Voith successfully commissioned the XcelLine PM 16 for Chinese paper manufacturer Huawon at the Ma’anshan site in Anhui Province. With the PM 16, Huawon will produce high-quality, environmentally friendly décor base paper and thus strengthen its market position at home and abroad.
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ProJet, Netherlands received an order for the supply of 4 new high pressure showers, which will be delivered to PM1 at Cartiera Pirinoli, Roccavione(CN), Italy.
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