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آرشیو برچسب های: paper companies

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PT. Sun Paper Source awards ProJet order for high pressure cleaners

منتشرشده در by Maxwell
21
مرداد

ProJet received an order for the supply of 2 new high pressure showers for the Forming Fabric and the Felt Section from PT. Sun Paper Source. SPS Tissue is located in Mojokerto, Indonesia and TM12 is producing towel and tissue grades, made from recycled fiber. This leads to contamination on the Forming Fabrics and Press Felts, which require special attention for High Pressure cleaning during production.

The order was received in Augustt 2023. The equipment is scheduled to be delivered in Q2, 2023 and installation & start-up later in July 2023. The value of the order will not be disclosed.

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Pixelle CEO Tim Hess to Step Down Due to Health Reasons; Ross Bushnell to Succeed Him

منتشرشده در by Maxwell
19
مرداد

Pixelle Specialty Solutions today announced that Timothy Hess has decided to step down from his position as President and Chief Executive Officer for health reasons, effective August 7, 2023.

In addition, the Company’s Board of Directors announced that following a comprehensive search process, it has selected Ross Bushnell to succeed Hess as Pixelle’s President and Chief Executive Officer. Bushnell has been appointed to the Board of Directors, and Hess will be available to support a smooth transition and will continue serving on the Board.

Ross Bushnell joins Pixelle with more than 25 years of commercial and general management experience. Mr. Bushnell most recently served as President and CEO at Scholle IPN, a global leader in flexible packaging solutions with over $700 million in sales and 2,200 team members in 11 countries. At Scholle IPN, Mr. Bushnell led his team to achieve best-in-class revenue and EBITDA growth that resulted in the very successful acquisition of Scholle IPN by SIG in June of 2022. Since the transaction, Mr. Bushnell has served as President of the legacy Scholle IPN business and as a member of SIG’s Group Executive Board.

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Graphic Packaging to acquire Bell Incorporated

منتشرشده در by Maxwell
19
مرداد

Graphic Packaging Holding Company has entered into a definitive agreement to acquire Bell Incorporated, a well-capitalized U.S. packaging provider. The proposed acquisition is expected to add approximately $200 million in sales, $30 million in Adjusted EBITDA and will support strategic priorities of increasing integration rates and expanding customers and categories. Annual synergies of approximately $10 million are expected within 24 months of closing. The transaction includes three well-capitalized packaging facilities in the Midwest that consume 95,000 tons of paperboard annually.

The transaction is expected to close in the Q4 2023, subject to regulatory approvals and other customary closing conditions.

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PT Multi Spunindo, Indonesia, orders Power Cleaners from ProJet

منتشرشده در by Maxwell
19
مرداد

PT Spunindo, has ordered a Power Cleaner systems from ProJet. The order was received in July, 2023. The value of the order will not be disclosed. Delivery is scheduled to take place in Q4 of 2023 with a start up in 2023 or early 2024.

Power Cleaner on Spunbond&Meltblown Reicofil line

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WestRock Announces Plans to Close Pulp and Paper Mill in Tacoma, Washington

منتشرشده در by Maxwell
17
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.

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Total U.S. Boxboard Production Decreased Eleven Percent in Q2 2023

منتشرشده در by Maxwell
17
مرداد

The American Forest & Paper Association (AF&PA) released its Q2 2023 Boxboard report. According to the report, total boxboard production in Q2 decreased 11% compared to Q2 2022. The boxboard operating rate was 86.6%, down 7.6 points from Q2 2022.

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Clearwater Paper Reports Second Quarter 2023 Results

منتشرشده در by Maxwell
16
مرداد

For the second quarter of 2023, Clearwater Paper reported net sales of $525 million compared to net sales of $526 million for the second quarter of 2022. Net income for the second quarter of 2023 was $30 million, or $1.75 per diluted share, compared to net income for the second quarter of 2022 of $15 million, or $0.86 per diluted share.

On a non-GAAP basis, Clearwater Paper reported adjusted net income in the second quarter of 2023 of $30 million, or $1.74 per diluted share, compared to second quarter 2022 adjusted net income of $19 million, or $1.11 per diluted share. Adjusted EBITDA for the second quarter of 2023 was $71 million, compared to the second quarter of 2022 Adjusted EBITDA of $63 million.

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Opening of BTG Center of Excellence in Hyderabad, India

منتشرشده در by Maxwell
16
مرداد

BTG announces the opening of its new Indian Center of Excellence located in Hyderabad, India. The facility is a state-of-the-art technical support centre and digital hub that will greatly enhance BTG capability to serve the Indian and regional markets.

BTG certified technical specialists operating out of this Center of Excellence will support BTG devices sold and installed at BTG customers locally and regionally. In addition, a laboratory with a variety of analytical capabilities, including charge and morphology is also established. Research & Development engineers based at the Center of Excellence will be involved in product design and development, working closely with the BTG factory in Sweden.

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CenturyPly produces first fibers with its new Andritz pressurized refining system

منتشرشده در by Maxwell
15
مرداد

CenturyPly successfully produced first fibers with its recently installed ANDRITZ pressurized refining system at its medium-density fiberboard (MDF) production plant in Punjab, India. At the same time, the company placed an order for another ANDRITZ pressurized refining system for its MDF line in Andhra Pradesh, India. This will be the third system supplied by ANDRITZ to CenturyPly.

Himanshu Shah, President MDF Business at CenturyPly, says: “We have been working with ANDRITZ Panelboard since 2016 and have always been impressed by the superior fiber quality we receive from ANDRITZ’s well-proven technology. Our two existing lines are operating smoothly, and we appreciate the high energy efficiency throughout the entire process. We trust in ANDRITZ as a reliable partner and look forward to our third collaboration.”

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Ilim Group appoints Alexey Chernyaev as Acting CEO

منتشرشده در by Maxwell
14
مرداد

The Board of Directors of JSC Ilim Group appointed Alexey Chernyaev as acting CEO.

Alexey Chernyaev began his career with the Company in 2016. He has over 15 years of work experience in managerial positions in purchasing, production, supply chain and capital project management in industrial companies with world-class manufacturing standards and safety culture in Russia and abroad.

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Hood Container acquires Sustainable Printing LLC

منتشرشده در by Maxwell
14
مرداد

Hood Container Corporation has acquired the corrugated packaging business of Dalton, Georgia based Sustainable Printing LLC. The transaction includes all printing, converting, and ancillary equipment located in Dalton. Hood will continue operating these assets in the current facility.

These assets complement Hood Container’s Southeastern footprint creating greater corrugated capacity and enhanced production capabilities in the Georgia and Tennessee region. This acquisition increases Hood Container’s digital print production footprint and will allow the company to continue expanding its corrugated converting capabilities.

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DS Smith to acquire Serbian packaging company

منتشرشده در by Maxwell
14
مرداد

DS Smith, a leading sustainable packaging provider, announced it has entered into an agreement to acquire Bosis doo, a high-quality packaging company in Serbia.
With a focus on fast moving consumer goods (FMCG) customers, Bosis doo is particularly well suited to complement DS Smith’s strategy in the region, which targets higher growth and margin opportunities through its sustainable performance packaging customer proposition.

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The Paper Excellence Group Announces Renewed Business Unit Structure

منتشرشده در by Maxwell
08
مرداد

 

The Paper Excellence Group (Paper Excellence) today announced its updated organizational structure for its business units following the recent acquisitions of Resolute Forest Products in March 2023 and Domtar in November 2021.

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Packaging Corporation of America 2Q net sales down to $2 billion

منتشرشده در by Maxwell
08
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).

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Canadian manufacturing sales down 2.1% in June

منتشرشده در by Maxwell
07
مرداد

Advance results indicate that total manufacturing sales in Canada decreased ۲.۱% in June 2023. The largest declines were in the petroleum and coal product, chemical, and food product industries, as Statistics Canada reports.

canadian lumber production and export also suffered from same effects as we have mentioned in the previous report.

This estimate was calculated based on a weighted response rate of ۶۶.۹%. The average final response rate for the survey over the previous ۱۲ months has been ۹۴.۵%.

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A.Celli to rebuild Hiang Seng Fibre Container’s PM5 at Bangkok mill in Thailand

منتشرشده در by Maxwell
07
مرداد

Hiang Seng Fibre Container Co., Ltd. has chosen to rely on A.Celli for a complex and highly technological rebuilding intervention on their PM5 located in Bangkok, Thailand.
A.Celli know-how will make it possible to rebuild the PM5 headbox, converting it from single to double-layer with the aim of improving the testliner printability.

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UPM to Close Its Publication Paper Mill in Plattling, Germany

منتشرشده در by Maxwell
06
مرداد

UPM Communication Papers today announced plans to permanently close its Plattling mill in Bavaria, Germany, reducing the uncoated and coated publication paper capacity by 595,000 tonnes in Europe.

UPM said, “These plans are a continuation of necessary steps to proactively ensure competitiveness of our operations and align graphic paper capacity to a profitable customer demand.

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Gardner Systems Joins Deublin Company

منتشرشده در by Maxwell
06
مرداد

Deublin Company, a leading provider of steam joints and siphons for the paper industry is pleased to announce that Gardner Systems is now a key part of Deublin. This broadens Deublin’s capabilities in the design, supply, and installation of steam and condensate systems for paper machine dryer sections.

Gardner Systems was founded in 1967 and is headquartered in Appleton, Wisconsin. The company has a team of experienced engineers and technicians who design and install steam and condensate systems that meet the specific needs of paper mills.

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Huhtamaki invests $30 million in Paris, Texas, factory expansion

منتشرشده در by Maxwell
04
مرداد

Huhtamaki is making a significant investment in its Paris, Texas facility in the U.S. The investment consists of an expansion of its manufacturing capacity as well as a consolidation of an external warehouse. The investment into production assets is approximately $30 million, and the warehouse and manufacturing facility will be leased. This will significantly increase the North America business segment’s capacity in folding cartons to support the growth of the Foodservice business.

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COBAP completes PM1 modernization at mill in Brazil

منتشرشده در by Maxwell
04
مرداد

Brazil’s COBAP completed the modernization process of its PM#1. Hergen has supplied a set of equipment for the modernization of the press section and the installation of a new drive concept for the drying section. The upgrade project provided by Hergen focused on increasing production capacity by increasing the dry content arriving to the drying section, enabling the machine to operate at 600 m/min in the future.

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