Performance BioFilaments announced the start-up of the world’s largest nanofibrillated cellulose (NFC) commercial production plant at Resolute Forest Products’ Kenogami paper mill in Quebec, Canada.
Nanofibrillated cellulose is a natural, renewable and sustainable biomaterial derived from well-managed, certified forests. It provides a low carbon additive to enhance performance-driven advanced materials and specialty chemicals.
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Tex Year Group recently established a new factory in Poland in a joint venture with Minima Technology, Taiwan’s largest compostable tableware and food packaging manufacturer. It will be the 9th factory of Tex Year’s worldwide deployment.
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Arctic Paper S.A., one of the leading European producers of high-quality graphical paper, has selected Tietoevry to modernize their key business processes and harmonize their operations. The contract covers providing TIPS Industry Solutions and Services for Arctic Paper’s sales offices plus two mills in Sweden and one in Poland.
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DS Smith and energy provider E.ON unveiled a new state-of-the-art combined heat and power (CHP) plant at DS Smith’s paper mill in Kent, the largest mill for recycled papers in the UK. Work on the CHP plant began in 2019 with E.ON financing, building and operating the plant.
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The Leipzig-based manufacturer of testing equipment for the pulp, paper, tissue and board in-dustry will present solutions to automate quality control and improve product quality from June 12-14 at the XV Scientific and Technical Conference and Exhibition INPAP 2023 in Lodz.
The INPAP Conference, hosted by the Centre of Papermaking and Printing at Lodz University of Technology, brings together industry professionals to present scien-tific research regarding new developments in the manufacture of pulp, paper, tissue and board. Emtec Electronic will be attending the event as an exhibitor to present its array of testing solu-tions, including devices for measuring the surface charge (zeta potential) and assessing the min-eral filler content of paper and board. Additionally, Mr. Ulli Kasten will talk during the conference about the softness measurement of hygienic papers and explains the possibilities that raise for the users.
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Valmet will deliver a new refiner with chip washer capacity of 28 ton/h to Arauco’s new MDF plant located in Zitácuaro, Mexico. The start-up of the system is planned for the last quarter of 2024.
The order was included in Valmet’s orders received of the first quarter 2023. The value of the order will not be disclosed.
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Norske Skog Bruck announces successful commercial orders of the containerboard grades Testliner 3 and Fluting. This represents the introduction of 210,000 tonnes of competitive containerboard capacity to meet the growing demand for renewable and re-usable packaging. The production is based 100% on recycled fibre and will use steam from the waste-to-energy plant, which opened in April 2022.
Norske Skog Bruck is now ramping up production and expects full utilisation of 95% in the second half of 2025. The successful commercial orders of Strato Testliner 3 and Fluting mark a new era for Norske Skog and strengthen the company’s asset base and cash flow generation for decades ahead.
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KKR, a leading global investment firm, today announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Industrial Physics (or the “Company”), a leading manufacturer of testing and measurement instruments, from Union Park Capital (“UPC”). KKR plans to support the Company in its continued growth organically and through add-on acquisitions. Financial terms were not disclosed.
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Clearwater Paper Corporation recently announced that the Science Based Target initiative (SBTi) has validated the company’s climate targets. These targets include reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 29.1 percent and absolute Scope 3 GHG emissions by 25 percent by 2030. The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. SBTi is focused on accelerating companies worldwide to halve emissions before 2030 and achieve net-zero emissions before 2050.
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Epson recently introduced its newest addition to the portfolio of Legacy Papers – Legacy Baryta II. Inspired by the legendary f/64 Group of photographers, Baryta II is an OBA-free 100% cotton fiber paper with a true baryta coating.
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Cascades Inc. has reported its unaudited financial results for the three-month period ended March 31, 2023.
Q1 2023 Highlights:
Sales of $1,134 million (compared with $1,135 million in Q4 2022 and $1,038 million in Q1 2022)
Operating loss of $(80) million (compared with $(20) million in Q4 2022 and $(4) million in Q1 2022)
Mario Plourde, President and CEO, commented: “We had a solid first quarter.
Smurfit Kappa has completed its latest investment project in Poland, resulting in a significant expansion of its Pruszków corrugated plant. The expansion makes the plant Smurfit Kappa’s largest in Poland and one of the most high-tech and modern packaging plants in Europe.
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Paper Arabia, the very first comprehensive exhibition for paper industry in the Middle East and North Africa (MENA) region is making a strong come back this May 2023, in the backdrop of the growth context and robust prospects for the industry across the globe, and particularly the region.
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Supremex on May 8 announced the acquisition of the assets of Graf-Pak Inc., a provider of folding carton packaging solutions to a variety of commercial markets. The transaction was concluded for a total consideration of approximately $6.0 million, on a cash-free and debt-free basis, subject to customary adjustments, financed through the company’s existing credit facility.
Founded in 1995 and employing close to 25 people, Graf-Pak operates a facility located in Pointe-Claire, Quebec, near Supremex’s primary folding carton plant in Lachine.
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Sappi North America, Inc., a leading producer and supplier of diversified paper, packaging products and dissolving wood pulp, has announced it will showcase seven new and recently launched textures from its Arrio finished surface and Ultracast decorative laminate release paper lines during interzum 2023 in Cologne, Germany from May 9-12, 2023.
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James Cropper, a global market leader in advanced materials, luxury packaging and paper products, announces a strategy to accelerate growth across the Group.
Since the appointment of Steve Adams as Chief Executive Officer in August 2022, the Company has made significant progress in repositioning James Cropper to capitalise on growth opportunities within its core and emerging end-markets. The fast-growing renewable energy and decarbonisation markets are creating an ever-greater need for novel and high-performance materials, while sustainable fibers, and low, or zero-carbon processing are driving growth within paper and packaging.
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Kemira announces the closing of the divestment of most of its colorants business to ChromaScape on May 4, 2023.
Kemira signed a definitive agreement to sell its colorants dye business to US-based ChromaScape, LLC in September 2022. The revenue of the business in 2022 was approximately 50 MEUR and 59 employees will be transferred to ChromaScape as part of the transaction.
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Mondi, a global leader in sustainable packaging and paper, has created Protector Bag ExpandForm, a paperbag solution with an expandable feature to safely rollpack mattresses.
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Sylvamo has announced senior leadership changes effective July 1.
Greg Gibson, senior vice president and general manager, North America, will be elected senior vice president, Commercial Excellence, until his retirement March 31, 2024. Gibson joined the industry in 1982 and has served in various sales, marketing, general management and senior leadership roles in North America and Europe.
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Q1 2023 reported operating loss of $25 million; net loss of $19 million, or $0.29 per share
Global pulp market fundamentals softened late in the quarter amid uncertainty associated with rising pulp producer inventory levels
Improved pulp production despite ongoing fibre challenges and wind down of pulp line at Prince George Pulp and Paper mill
Subsequent to quarter-end, expanded and extended its operating loan facility and term debt
