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آرشیو برچسب های: Pulp & Paper

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Clearwater Paper Reports Second Quarter ۲۰۲۳ Results

منتشرشده در by Maxwell
۱۶
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
۱۶
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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Maximising the recyclability of paper sacks

منتشرشده در by Maxwell
۱۵
مرداد

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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Kemira’s President & CEO Jari Rosendal has died

منتشرشده در by Maxwell
۱۵
مرداد

Kemira’s long-serving President & CEO Jari Rosendal has died after a short illness on July 31, 2023. Jari Rosendal was 58 years old and served as Kemira’s President & CEO since 2014. He was a Member of the Board of Directors of Neste Oyj, Finnish Chemical Association and European Chemical Industry Council Cefic. Before joining Kemira he had a long career in the mining industry.

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Hood Container acquires Sustainable Printing LLC

منتشرشده در by Maxwell
۱۴
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
۱۴
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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Crisis looms over Russian pulp and paper industry amidst sanctions and plummeting Chinese demand

منتشرشده در by Maxwell
۱۳
مرداد

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&#۸۲۱۷;s investment to boost folding boxboard production

منتشرشده در by Maxwell
۱۲
مرداد

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 Q۲ net earnings of $۲۳۵ million

منتشرشده در by Maxwell
۱۲
مرداد

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&#۸۲۱۷;s Veracruz mill in Mexico

منتشرشده در by Maxwell
۱۱
مرداد

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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The Paper Excellence Group Announces Renewed Business Unit Structure

منتشرشده در by Maxwell
۰۸
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 ۲Q net sales down to $۲ billion

منتشرشده در by Maxwell
۰۸
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 ۲.۱% in June

منتشرشده در by Maxwell
۰۷
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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DS Smith to Invest EUR ۳۳.۹ Million to Upgrade Packaging Facilities in Greece

منتشرشده در by Maxwell
۰۷
مرداد

DS Smith announced a significant investment plan to be implemented in the next two years across its three packaging sites in Greece. The EUR 33.9 million investment is focused on equipment upgrades including purchasing state-of-the art machinery for innovative packaging to boost productivity as part of the company’s growth strategy in the East European market.

Starting with upgrades at Ierapetra’s Box Plant this summer, the investments will not only advance packaging capabilities, but also create a safer working environment. Investment into other sites located in Ancient Corinth and Thessaloniki will also see the modernization of equipment and minimize raw material waste.

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A.Celli to rebuild Hiang Seng Fibre Container’s PM۵ at Bangkok mill in Thailand

منتشرشده در by Maxwell
۰۷
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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Huhtamaki invests $۳۰ million in Paris, Texas, factory expansion

منتشرشده در by Maxwell
۰۴
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 PM۱ modernization at mill in Brazil

منتشرشده در by Maxwell
۰۴
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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Infinya Containerboard to invest in complete OCC line with reject treatment system at Hadera mill in Israel

منتشرشده در by Maxwell
۰۴
مرداد

International technology group Andritz has received an order from Infinya Containerboard Ltd. for a complete OCC line including reject treatment system for its recycled paper mill located in Hadera, Israel.

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Valmet to supply winder to Gascogne Papier in France

منتشرشده در by Maxwell
۰۳
مرداد

Valmet will supply a new high-capacity winder to Gascogne Papier in France. The winder will be delivered for the paper machine PM 7 at their Mimizan site. The start-up of the machine is scheduled for 2025. The value of the order will not be disclosed.

Valmet’s delivery will include a high-capacity OptiWin two-drum compact winder that has a wide production range with different widths and diameters of shipping rolls. As a key solution for high-quality multi-roll winding, the winder is equipped with pro-active dual spreading.

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Ahlstrom receives binding offer for Stenay plant from Accursia Capital

منتشرشده در by Maxwell
۰۳
مرداد

In March 2023, Ahlstrom launched a consultation process with employee representatives at its Stenay plant in France about the possibility to divest the plant, and if a buyer cannot be found considering closure.

After a long process to identify potential buyers, Ahlstrom has received a binding offer from Accursia Capital to acquire the Stenay plant. The potential acquisition is subject to consultation with employee representatives.

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