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آرشیو برچسب های: investment

Environmental permit granted to Metsä Tissue’s Katrinefors mill expansion

The Land and Environment Court in Vänersborg (Mark- och Miljödomstolen vid Vänersborgs tingsrätt) in Sweden has today granted an environmental permit to the modernization and expansion of the Katrinefors Mill of Metsä Tissue, part of Metsä Group. The next step in the process is the preparation of the final investment decision by Metsä Group.

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Huhtamaki invests Euro 20 million to expand packaging capacity in Spain

Huhtamaki inaugurates its extension of 12 500 m2 to its existing paper-based packaging manufacturing site in Nules, Spain.  This latest investment reflects the growing demand from for renewable and recyclable paper-based packaging to substitute rigid plastics.

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Solenis opens two new virtual center of excellence

Solenis, a leading global producer of specialty chemicals, has opened two new international centers of excellence to help drive more sustainable solutions for the consumer paper packaging industry.

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Uzbekistan launches one of largest paper productions in Central Asia

The new production is located in the Narpay district of the Samarkand region, one of the most economically developed regions of Uzbekistan and will supply its output both to domestic and foreign markets.

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Smurfit Kappa invests over €۲۰ million in Central and Eastern Europe

Smurfit Kappa has completed significant investments in its manufacturing plants in Olomouc in the Czech Republic and Obaly Štúrovo in Slovakia respectively. The investments of more than €۲۰ million announced last year further highlight Smurfit Kappa’s expansion and commitment to investing in its Central and Eastern European operations.

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Uzbekistan will be able to supply paper bleach agent to Russia

Russia plans to supply sodium chlorate from Uzbekistan, which is used to bleach pulp in the production of white paper. According to the data, agreements on this were concluded by the Russian delegation with Uzbek partners at the Innoprom forum in Tashkent.

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Fedrigoni Group to acquire Papeterie Zuber Rieder

Fedrigoni Group, a producer of high-end papers for luxury packaging and other creative applications, premium labels, and self-adhesive materials, has signed an agreement with Papeterie Zuber Rieder, one of the world’s leading producers in these segments, aimed at joining forces and creating the first global player in premium papers for wine & spirits.

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Pratt Industries to Invest $5 Billion in Recycling, Clean Energy Infrastructure and Manufacturing Jobs in USA over Next 10 Years

Pratt Industries executive chairman, Anthony Pratt, has pledged to invest $5 billion in U.S. recycling and clean energy infrastructure to create 5000 American manufacturing jobs over the next 10 years.

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Dunn Paper announces ownership and name change

Dunn Paper, a leading manufacturer and supplier of high-performance, advanced paper and tissue products for use in food, medical, and specialty markets announced today that its first lien-secured lenders have acquired select assets of the company as part of a recapitalization of the business.

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Monadnock Launches HP Indigo Solutions Portfolio of 100% Post Consumer Waste Recycled Material

Monadnock Paper Mills announced its HP Indigo Solutions Portfolio of 100% Post-Consumer Waste (PCW) paper, packaging, and environmental graphics materials. The product portfolio, complete with a comprehensive listing of available weights, sizes, and properties, is now featured in a comprehensive Stock Guide publication.

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Toscotec to supply second tissue line to Saudi Paper Group on a turnkey basis

Saudi Paper Group selected Toscotec for a second tissue line to be installed at its Dammam facility in Saudi Arabia. The new AHEAD 2.2L machine (PM5) will be a full-on turnkey

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Rengo expects to reduce annual city gas consumption by approximately 1,300,000 m3 and CO2 emissions by approximately 3,000 tons.

Rengo Co., Ltd. announces that it completed renovation work on the biomass incineration plant at Amagasaki mill in Japan.

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SPM Instrument announces new subsidiary in South Africa

SPM International, Sweden, is pleased to announce the establishment of its new subsidiary SPM Instrument PTY. Based out of Durban, South Africa, the new entity will be managing SPM business in the sub-Saharan countries, thus laying the foundation for further growth in the region.

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Sappi Announces $418 Million Paper Machine Rebuild at its Somerset Mill in Skowhegan, Maine

Sappi North America announced the approval of a $418 million capital project to convert Paper Machine No. 2 (a coated freesheet machine) at its Somerset Mill in Skowhegan, Maine, to increase its capacity and produce solid bleached sulfate board (SBS) products. The project will be funded from free cash flow.

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Vaasa Administrative Court confirmed the environmental permit for Metsä’s Kemi bioproduct mill

By its decision of 4 November 2022, the Vaasa Administrative Court upheld the environmental permit package granted to Metsä Group’s Kemi bioproduct mill. On 18 December 2020, the Regional State Administrative Agency for Northern Finland granted environmental and water supply permits for the Kemi bioproduct mill.

Three appeals were filed against the permit during the period of the permit’s availability, to which Metsä Fibre submitted a response to the Vaasa Administrative Court on 2 September 2021.

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Valmet acquires NovaTech Automation’s Process Solutions business

Valmet entered into an agreement on November 9th to acquire the U.S.-based NovaTech Automation’s Process Solutions business. The value of the acquisition will not be disclosed. The acquisition is estimated to be completed on January 1st, 2023 at the earliest.

NovaTech Automation’s Process Solutions business specializes in process control and optimization solutions for batch, continuous and hybrid processes. The Process Solutions business has a turnover of approximately USD 18 million and employs more than 90 people in the United States and the Benelux countries.

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Berry Global, Statesville, orders two power cleaners from ProJet

Berry Global, Statesville, has ordered 2 (two) Power Cleaner systems to ProJet. The orders were received in the first week of November. The value of the orders will not be disclosed. Delivery is scheduled to take place in Q1 of 2023 with a start-up in 2023 as well.

Berry Global already has a total of 16 ProJet Cleaners running worldwide and has now decided on 2 more ProJet Belt Cleaners for their lines in Statesville, NC, USA.

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Andritz acquires the Đuro Đakovic Termoenergetska postrojenja in Croatia

Andritz has acquires Đuro Đakovic Termoenergetska postrojenja (DD-TEP) in Croatia, in order to strengthen its position for renewable energy equipment. .

The company has annual revenue of approximately 60 million euros and employs around 870 people at its two locations in Slavonski Brod and Lužani (both in Croatia).

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