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.
خواندن ادامه مطلبآرشیو برچسب های: paper industry
14
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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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14
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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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14
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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
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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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12
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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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12
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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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11
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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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09
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مرداد
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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08
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مرداد
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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08
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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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08
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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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07
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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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07
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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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07
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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.
06
مرداد
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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06
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مرداد
Lumber production in Canada decreased ۱۴.۹% from March to ۴ ۰۷۴.۰ thousand m3 in April. Production was down ۶.۱% from April ۲۰۲۲, reports Statistics Canada.
Sawmills shipped ۳ ۹۳۵.۰ thousand m3 of lumber in April, down ۸.۲% from March and down ۷.۹% from April ۲۰۲۲.
According to Analytics, in April 2023, Canada decreased exports of lumber to the United States by 4.4% year-on-year. Supplies to China increased by 54.9%, supplies to Japan decreased by 39%. The average price of lumber was set at $200.7 per m3.
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06
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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.
خواندن ادامه مطلب
04
مرداد
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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04
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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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