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آرشیو برچسب های: containerboard

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WestRock Co (WRK) Reports Fiscal Fourth Quarter and Full Year 2023 Results

منتشرشده در by Maxwell
23
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  • WestRock Co (NYSE:WRK) announces a net income of $110 million for Q4, with adjusted net income at $210 million.
  • Net sales reached $5.0 billion in Q4, despite a 7.7% decline from the previous year.
  • Full-year 2023 net loss reported at $1.6 billion, with adjusted net income of $778 million and consolidated adjusted EBITDA of $3.0 billion.
  • Corrugated Packaging segment Adjusted EBITDA increased by 13.0% compared to Q4 of fiscal 2022.

On November 9, 2023, WestRock Co (NYSE:WRK), a leader in sustainable paper and packaging solutions, disclosed its financial results for the fourth quarter and full fiscal year ending September 30, 2023. The company faced a challenging quarter with net sales of $5.0 billion, a decrease of 7.7% from the same period last year. Despite these challenges, WestRock reported a net income of $110 million and an adjusted net income of $210 million for the quarter. The company’s full-year 2023 results showed a net loss of $1.6 billion, significantly impacted by a $1.9 billion pre-tax, non-cash goodwill impairment and $859 million of pre-tax restructuring and other costs. However, adjusted net income for the year stood at $778 million, with consolidated adjusted EBITDA reaching $3.0 billion.

 

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Jessica Nordin new director of sustainability at Södra

منتشرشده در by Maxwell
21
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Jessica Nordin is taking up the role as new Director of Sustainability at Södra with responsibility for leading and developing Södra’s overall sustainability agenda moving forward. A major focus will lie on strengthening efforts and knowledge concerning biodiversity and sustainable forestry, which are important topics for Södra.

Jessica Nordin most recently served as Environmental Manager at Södra Skog, with responsibility for driving and developing Södra’s nature conservation and consideration activities, a position she has held since 2021. She was previously Climate and Land use Strategist at Sveaskog and expert adviser on issues concerning the climate benefits of forests and sustainable forestry. She has also led several projects related to the development of markets for ecosystem services.

 

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ABB upgrades drive control system at Jujo Thermal paper mill in Finland

منتشرشده در by Maxwell
21
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Jujo Thermal selected ABB to upgrade its drive control system at its mill in Kauttua, Finland, for improved runnability and efficiency. ABB’s scope of delivery included the provision and commissioning of the upgrade package for the existing PM2 drive control system and new drives.

 

Jujo Thermal is one of the world’s leading suppliers of durable, direct thermal papers for labels, tickets, tags and point-of-sales use. It also generates one-side coated self-adhesive label stock and has a production volume reaching 72,000 tons per year.

 

 

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Sustainable packaging fuels growth and innovation in specialty papers, new Smithers data reveal

منتشرشده در by Maxwell
21
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Demand for more greener packaging is aligning with innovation in industrial applications to future drive sales of specialty papers, according to the latest Smithers research.

Data from its new study – The Future of Specialty Papers to 2028 – show  production of these engineered premium paper grades will reach 26.52 million  tons in 2023, up from 24.23 million tons in 2018. Despite challenging economic conditions in several core markets, an overall positive growth trajectory is forecast by Smithers expert data modeling. Consumption of specialty papers is forecast to increase at a +2.1% compound annual growth rate (CAGR) across 2023-2028, adding an extra 2.97 million tons of demand, globally, over the five[۱]year period.

The specialty paper market remains febrile, recent changes in paper sales  patterns, in particular declining demand for office and printing grades, has seen several graphic paper assets retooled to make specialty grades. Modern papermaking innovations allow these to produce specialty grades on larger more efficient paper machines, threatening the margins of smaller established  specialist paper converters.

 

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VTT finds unprecedented extensible limits for formable cellulose-based food packaging to replace single-use plastic

منتشرشده در by Maxwell
20
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Enabled by foam forming technology, VTT’s formable cellulose-based webs with 30% extensibility were used to make rigid packages using an industrial product packaging line. This opens up the manufacturing of a wide range of sustainable packaging solutions.

In a pilot-scale study to find alternative raw materials for rigid plastic packages, VTT Technical Research Centre of Finland has obtained unprecedented maximum limits of its highly extensible formable cellulose-based webs used for rigid packaging applications. The results enable the manufacturing of a wide range of sustainable 3D packaging solutions that were previously unattainable.

 

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SPG completes acquisition of complete packaging

منتشرشده در by Maxwell
20
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Specialized Packaging Group (SPG), a leading, vertically integrated provider of protective packaging products, today announced the acquisition of Monroe, Michigan-based Complete Packaging (Complete), a portfolio company of the Spell Family Office. Complete provides custom-designed packaging solutions for a diverse array of end markets, including automotive, heavy truck, energy, aerospace, defense, heavy equipment, and general industrial.

SPG, one of the largest independent protective packaging manufacturers in North America, is a portfolio company of Altamont Capital Partners. The acquisition will enhance SPG’s existing capability set by expanding the company’s engineered packaging offerings and geographic reach while adding approximately 90 employees to its 1,600-person workforce. Complete’s leadership and full workforce will continue to operate in their current locations in Detroit and Monroe, Michigan.

 

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Toscotec supplied a dryer section rebuild to Les Papeteries de Clairefontaine

منتشرشده در by Maxwell
20
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Graphic paper manufacturer Les Papeteries de Clairefontaine started up PM6 after a dryer section rebuild supplied by Toscotec at its Etival Clairefontaine mill in France. The machine produces graphic paper in the basis weight range from 60 to 100 gsm.

The project was focused on PM6’s pre-dryer section for which Toscotec supplied TT SteelDryers designed for an operating steam pressure of 10 barg, as well as an upgrade of the machine frame. The associated services included the complete erection with supervision, commissioning, and start-up assistance.

The rebuild has achieved the target of increasing PM6’s drying face length without changing the overall width of the machine frame.

 

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EETC secures Nine Dragons Paper Jingzhou ESP Project

منتشرشده در by Maxwell
18
آبان

Enelco Environmental Technology Co., Ltd. (EETC) today announced that it has been selected to supply electrostatic precipitators (ESPs) to Nine Dragons Paper (Hubei) Co., Ltd. The contract includes delivery of a 4,600 tds/d recovery boiler ESP and a 700 t/d lime kiln ESP as part of Nine Dragons’ Phase III expansion for chemical pulp production. The contract is the second collaboration between the two companies and the fourth time EETC has supplied ESPs to Nine Dragons Paper.

Nine Dragons Paper is the world’s top-ranking papermaking group with integrated forest and pulp operations. The company specializes in various eco-friendly packaging paper, high-quality virgin wood pulp, and upstream and downstream industry chains.

 

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Progroup to build containerboard machine at Sappi Stockstadt mill site

منتشرشده در by Maxwell
18
آبان

Progroup will acquire the site of the Stockstadt mill from Sappi and redevelop it for corrugated case material production, EUWID reports.

Representatives of Progroup AG and Sappi Stockstadt GmbH signed a contract to take over the site of the paper and pulp mill.

The traditional paper site offers the successful family business Progroup the opportunity to design another site for the circular economy. The intention is to develop a concept step by step so that the company can use a closed material loop to manufacture containerboard in a sustainable and innovative way.

The local market town, district and the Free State of Bavaria strongly supported the negotiations. The establishment of the site was overseen by Invest in Bavaria, the state government’s business development agency.

 

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New measurement method for determining the price and quality of wood chips and sawdust

منتشرشده در by Maxwell
17
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The Swedish greentech company Mantex develops and sells industrial measuring equipment for the analysis of wood raw materials in the paper and pulp industry, wood pellets production and in the bioenergy industry.

Now the company’s product Biomass Analyzer has received type approval from Swedish Biometria regarding the determination of dry matter content in wood chips and sawdust. The type approval means that it may officially be used as a measurement method to determine price and quality on the existing market for wood chips and sawdust.

The Mantex Biomass Analyzer has, after extensive tests and evaluations by Biometria and Skogforsk (the Swedish forestry research institute), received a type approval from Biometria regarding the determination of dry matter content in wood chips and sawdust.

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Cellwood receives three orders from India

منتشرشده در by Maxwell
17
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Cellwood announces that its partnership with RC Machinery has resulted in a new order for a Dispersing unit to Star Paper.

Star Paper will produce kraft/test liner paper grades. Company’s dispersers will be installed in their top layer (capacity: 150 TPD) and back layer (capacity: 250 TPD).

Cellwood Machinery develops, manufactures, and supplies machinery and systems for the pulp and paper industry.

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Voith and Sun Paper achieve early start-up of Nanning PM 2 and PM 3 packaging paper machine

منتشرشده در by Maxwell
16
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Recently, Sun Paper’s two state-of-the-art packaging paper machines PM 2 and PM 3 were successfully commissioned at the Nanning, China site within one month. PM 3 successfully passed the tests in only three weeks and achieved a record-breaking start-up time of only one hour from stock on wire to the first saleable paper roll. With the start-up of the two state-of-the-art XcelLine machines from Voith, Sun Paper consolidates its leading position in the global paper industry and sets another milestone in the long-standing cooperation between the two companies.

The exceptional performance is the result of many years of trust and close cooperation between the Sun Paper and Voith teams. The daily exchange of knowledge and thorough project preparation led to significantly reduced downtimes during project implementation.

 

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Settlement agreed on insurance coverage for Norske Skog Saugbrugs

منتشرشده در by Maxwell
16
آبان

Norske Skog has worked closely with the insurance company, equipment suppliers, and other parties to determine the extent of damages following the rockslide on 27 April. The rockslide caused significant damage to buildings, cranes, machinery, and equipment associated with paper machine 6 (PM6). A settlement has now been reached between Norske Skog Saugbrugs and the insurance company regarding insurance coverage for both business interruption and property damage, estimated up to NOK 2.4 billion, which will jointly be covered by the insurance company, the Norwegian Natural Perils Pool, and reinsurers.

“The rockslide on 27 April this year was a traumatic experience for Saugbrugs employees, Halden residents, and Norske Skog. Fortunately, no one was physically injured in the rockslide, but PM6 and its associated building structures sustained substantial damage. After significant efforts from mill employees and other stakeholders, we are pleased to have reached an agreement with our insurance company for both business interruption and property damage, estimated up to NOK 2.4 billion. We have had an excellent dialogue and been treated very fairly by our insurance company throughout the process,” says Geir Drangsland, CEO of Norske Skog.

 

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Pioneering research into reducing water footprint paper industry in Eerbeek and Loenen

منتشرشده در by Maxwell
15
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After more than a year of technical and practical preparations, the Eerbeek Water Roundabout (The Netherlands) pilot was officially launched in September. On the premises of Industriewater Eerbeek (IWE), a test installation of a closed, circular water management system will run until the end of 2023. This pilot will investigate whether a ‘full scale’ installation is technically and financially feasible. The aim is to connect the first paper mill to the circular system by mid-2026. The Water roundabout Eerbeek is committed to making the paper industry more sustainable and almost 100% circular reuse of industrial wastewater. This will ensure paper and cardboard mills around Eerbeek and Loenen continue to have sufficient water for their production processes in the future, while drastically reducing their water footprint.

The project was initiated and developed by Folding Boxboard Eerbeek together with the two other paper mills from Eerbeek that also own IWE; a fourth paper mill from nearby Loenen has committed to the test as a party. Together, the four paper mills have a highly water-intensive production process and, in making water consumption within Waterrotonde Eerbeek circular, could together save 3.6 million m3 of groundwater annually. This is equivalent to the consumption of 22,000 households. Moreover, the technology could be the answer to the impending shortage of clean drinking water due to climate change and population and economic growth.

 

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Valmet has completed the acquisition of Körber’s Business Area Tissue

منتشرشده در by Maxwell
14
آبان

Valmet has completed the acquisition of Körber’s Business Area Tissue, the provider of innovative process technologies and related services for converting tissue jumbo reels into final tissue products. The closing of the transaction follows the agreement that was announced on July 7, 2023.

By combining the complementary offering and competencies of Valmet and the acquired business, Valmet creates the markets’ widest technology, automation and services offering for the growing tissue industry covering the entire tissue value chain from fiber to finished products.

The new Tissue Converting business will operate as a business unit integrated in Valmet’s Paper business line. It focuses on delivering and serving converting lines for rolled and folded tissue products, packaging equipment and on providing digital solutions and services. The acquired business enables Valmet to serve the tissue industry with wider expertise, process technologies and services covering end-to-end solutions including automation systems and flow control equipment.Pasi Laine, President and CEO of Valmet:

 

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Gutex produces first fibers for insulation board with new Andritz fiber preparation system

منتشرشده در by Maxwell
13
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Wood fiber insulation board manufacturer Gutex has successfully produced first fibers with its new ANDRITZ fiber preparation system in Eschbach, Germany. This is the second system ANDRITZ has delivered to GUTEX.

Oliver Bauch, Plant Manager, GUTEX, says: “The new line will perfectly support the environmentally friendly production approach for our ecological insulation board products. Thanks to the excellent cooperation and the great effort of the whole ANDRITZ team we were able to produce first fibers even ahead of schedule.”

Michael Rupp, Vice President for Panelboard Systems, ANDRITZ, adds: “We are proud that GUTEX again chose to collaborate with us and that we had the opportunity to provide them with our complete front-end technology.”

 

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Suzano invests R$490 million to expand fluff pulp capacity

منتشرشده در by Maxwell
11
آبان

Suzano, the world’s largest market pulp producer, announces it will invest R$490 million (approximately US$100 million) in a new fluff pulp line.

The new capacity will enable Suzano to meet rising global demand and improve sustainability standards for absorbent, personal hygiene products, including baby and adult diapers, feminine hygiene, and pet pads.

This investment will support the conversion of a BHKP pulp line at Limeira mill into a flex machine to produce Suzano’s Eucafluff® or BHKP. Suzano’s annual installed capacity of fluff pulp production will increase from 100,000 to 440,000 ton, with production expected to begin by Q4 2025.

 

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AF&PA Releases Q3 2023 containerboard quarterly report

منتشرشده در by Maxwell
10
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The American Forest & Paper Association (AF&PA) released its Q3 2023 Containerboard Quarterly report. According to the report, total Containerboard production in the third quarter of 2023 decreased 1% when compared to Q3 2022 and was down 8% compared to the same 9 months last year. Highlights include:

  • Operating rates for all major grades decreased compared to Q2 2023 while total production was up 4.2%; Q3 has one more production day than Q2.
  • Total production for export was up 16.2% from Q2 2023 and also up 16.3% from Q3 2022, though it was 10.7% lower year-to-date.
  • New supply of containerboard (domestic production plus imports) increased for the third consecutive quarter but was still down 7.1% year-to-date.
  • Mill inventories ended the quarter at 370,500 short tons, 11.6% lower than at the end of Q3 2022.
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De Iuliis successfully started dryer section revamping for Favini Group

منتشرشده در by Maxwell
10
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Favini Group successfully started up its PM of  Rossano Veneto after the complete rebuilt of its pre-dryer section by De Iuliis.

DJM has completed the full upgrade of the pre-drying section of this paper machine by the substitution of  ۱۲ cast iron dryers with new DJM steel Dryers designed for an operating steam pressure of 10 barg.

The custom sized DJM steel dryers, complete with new bearings housing, with  an easy replacement of the old cylinders maintaining the same overall dimensions of the existing one, but allowing an enlargement of the drying width. The new dryers will help the mill to reduce Co2 emission and energy consumption.

The project also included the optimization of felts loops with the supply of last generation DJM automatic stretchers and regulators, as the upgrade of the mechanical drive of dryer section.

Favini is worldwide leader in the design and production of textures and finishing solutions for eco-leather for fashion, luxury, design, IT and technical sportswear sectors.

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Lecta: efficient, responsible water management as a priority

منتشرشده در by Maxwell
10
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Water is essential in the pulp and paper industry, which is why Lecta prioritizes the efficient use of this valuable natural resource. Lecta’s mills have a high  rate of water recycling, and the amount discharged is almost equal to the intake.

Even though outlet water is within regulated legal limits, Lecta continues to work on improving water quality to reduce environment footprint even further and  constantly monitor waste disposal. In addition, in the mills there are also closed water systems, in which water is reused repeatedly.

products such as its range of environment-friendly, recyclable functional papers.

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