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آرشیو برچسب های: paper machinery

Graphic Packaging to acquire Bell Incorporated

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

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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Mercer International announces temporary curtailment of its Celgar pulp mill

Mercer International Inc. recently announced the temporary curtailment of operations at its Celgar pulp mill located in Castlegar, BC, including wood acceptance. The curtailment is currently scheduled to become effective July 29, 2023, until August 28, 2023.

This temporary curtailment results from a significant loss of rail transport capacity resulting from the Vancouver port job action. The job action has led to a complete halt in railcar circulation, severely impacting the mill’s ability to transport pulp.

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Valmet to Deliver Recovery Boiler Upgrade to Lecta’s Torraspapel Mill in Spain

Valmet will deliver a recovery boiler upgrade to Lecta Group’s Torraspapel combined pulp and paper mill in Zaragoza, Spain.

According to Valmet, the primary target of the upgrade is to increase the recovery boiler’s black liquor capacity. The upgrade will also reduce the mill’s emission levels and improve the water side of the boiler, hence enabling the capacity increase. The upgrade will take place during the mill’s annual shutdown in October 2023.

“The project will help Lecta to optimize the energy balance of Zaragoza mill as well as make progress in our medium-term decarbonization plan. It also contributes to eliminate a bottleneck for possible future growth in production and/or use of other eucalyptus species. Valmet has always been a reliable and trustworthy supplier for Lecta, with a high degree of technical capabilities in the pulp and paper areas,” says Primitivo Prados, Mill Manager at Torraspapel mill.

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Arctic Paper expects lower Q2 result

Arctic Paper S.A. expects an EBITDA result for the Q2 2023 in the range of PLN 60-70 million ($14.7- 17.2 million), which is lower than current market estimates. The lower result is due to a significantly lower revenue of PLN 836 million ($205 million); this in turn is due to the general economic slowdown and customers destocking. Arctic Paper focuses on margins and has adapted production with a high degree of cost efficiency to meet the weaker market.

“The volatility of the pulp and paper markets serves as a reminder of the importance of our long-term strategic plan to diversify into energy and packaging, while maintaining our strong positions in the pulp and paper markets. We are working intensively to develop future growth opportunities in line with the 4P strategy”, says Michal Jarczyński, CEO of Arctic Paper S.A.

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Mondi expands ISTA-approved testing services to all its eCommerce packaging solutions

Mondi, a global leader in sustainable packaging and paper, is pleased to announce the expansion of its International Safe Transit Association (ISTA) and Amazon Packaging Support and Supplier Network (APASS) certified Performance Lab services to cater to the growing demands of eCommerce customers. Mondi’s Performance Lab can now also test converted solutions such as MailerBAGs and corrugated boxes. Located in České Budějovice, Czechia, the Mondi Performance Lab complements its eCommerce service offering for high-performance eCommerce packaging, from base material to converted solutions. The laboratory’s state-of-the-art equipment simulates the typical impact of packed goods in each supply chain step.

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

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

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

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

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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Mativ announces proposed sale of engineered papers business for $620 million

Mativ Holdings recently announced that it has received a binding offer from Evergreen Hill Enterprise, Pte. Ltd., to acquire Mativ’s Engineered Papers business (“EP”), part of Mativ’s Fiber Based Solutions reporting segment, for $620 million. Subject to customary closing date adjustments, Mativ expects to receive net proceeds (net of taxes and other items) of approximately $575 million in the proposed transaction, which would be primarily used for debt paydown.

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Maximising the recyclability of paper sacks

The proposed EU Regulation on Packaging and Packaging Waste (PPWR) aims to tackle the problem of growing packaging waste. One of the targets is to make all packaging recyclable by 2030. To support sack kraft paper producers, paper sack converters and fillers to maximise the recyclability of all paper sacks placed on the market, EUROSAC and CEPI Eurokraft have published Paper Sacks – Design for Recyclability Guidelines. These guidelines provide recommendations for the materials used and for the physical construction of paper sacks.

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CenturyPly produces first fibers with its new Andritz pressurized refining system

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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DS Smith to acquire Serbian packaging company

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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Crisis looms over Russian pulp and paper industry amidst sanctions and plummeting Chinese demand

The Russian pulp and paper industry is facing an acute crisis in product sales. The main reasons for this difficult situation are sanctions and a severe lack of demand in the Chinese market, exacerbated by exorbitant export logistics costs.

Pulp and paper mills, have been forced to cut down production volumes. In the first half of 2023, the volume of production of wood pulp in Russia decreased 3.5% to 4,267 thousand tons, according to Rosstat. The production of paper and cardboard declined 4.6% to 4,863 thousand tons.

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Whakatane Paper Mill’s investment to boost folding boxboard production

New Zealand’s Whakatane Mill Ltd (WML) announces a significant investment upgrade, and progress is already well underway.

WML has successfully secured a substantial private investment of over NZD$70 million from its shareholders. This investment marks the most significant capital expenditure for WML since 2004 and is a testament to its commitment to growth. The infusion of funds will facilitate a major upgrade, elevating WML to industry-leading standards.

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International Paper reports Q2 net earnings of $235 million

International Paper (IP) reported Q2 2023 financial results. Net earnings were $۲۳۵ million ($۰.۶۸ per diluted share), Adjusted operating earnings were $۲۰۴ million ($۰.۵۹ per diluted share).

“In the Q2, the operations of International Paper continued to run well and we managed our businesses effectively in a challenging demand environment,” said Mark Sutton, Chairman and CEO. “We continued to advance our Building a Better IP initiatives, including our commercial improvement and cost management opportunities. The benefits of that work and our strong financial foundation position International Paper well as we navigate the current economic environment.”

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ProJet to supply two cleaners for BioPappel’s Veracruz mill in Mexico

ProJet received an order for 2 ProCleaner forming fabric cleaners from BioPappel, Mexico, for  Paper Machine # 1 at Veracruz mill. The order was received in July 2023 and the value of the order will not be disclosed. Delivery will be in 4Q of 2023.

The order is already the 6th from BioPappel, who are gradually equipping all their paper machines at all production sites with ProJet cleaners. There is already a total 16 ProJet cleaners running at other BioPappel mill sites, such as Durango, Tuxtepec and Tizayuca.

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Billerud’s President and CEO, Christoph Michalski, Leaving Company

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.

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Canfor Pulp Reports Results for Second Quarter of 2023

Canfor Pulp Products Inc. (CPPI) today reported its second quarter of 2023 results.

The Company reported an operating loss of $37.9 million for the second quarter of 2023, compared to an operating loss of $25.2 million for the first quarter of 2023. After taking into consideration a net $6.9 million inventory write-down in the current period, the Company’s adjusted operating loss was $31.0 million for the second quarter of 2023, compared to an adjusted operating loss of $21.6 million for the first quarter of 2023. These results, for the most part, reflect the impact of substantial global pulp pricing declines in the current quarter driven by elevated global market pulp producer inventory levels and weak global softwood pulp demand.

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