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آرشیو برچسب های: pulp

Ukrainian paper and board industry sees 10 per cent growth in H1 despite war

Paper and board output in Ukraine increased in the first half of 2023 compared with the same period last year. Talking to EUWID, Eduard Litvak, director of Ukrainian paper association Ukrpapir, quantified the growth at nearly 10 per cent.

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Arctic Paper invests SEK285m in bioenergy in Grycksbo

The biomass boiler will be upgraded and, as a result, Arctic Paper will be able to lower energy cost by SEK50m annually, the company writes. The main biofuels used will be sawdust and wood chips, but the modernised boiler will be flexible to also use other biofuels.

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Cascades to close down St. Helens plant in Oregon

Canadian packaging and tissue products Cascades will permanently shut down the second paper machine at its US tissue plant in St. Helens, Oregon, resulting in the complete shutdown of the facility.

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Thunder Bay Pulp and Paper acquires Thunder Bay mill from Resolute FP Canada

Atlas Holdings announces the closing of the previously announced acquisition of the pulp, newsprint and directory paper mill operations in Thunder Bay, Ontario from Resolute FP Canada Inc. by Atlas’ affiliate, Thunder Bay Pulp and Paper Inc.

Thunder Bay is a leading northern bleached softwood kraft and northern bleached hardwood kraft pulp, paper, newsprint and directory producer. The Mill has been a landmark in northwestern Ontario for more than a century. Kent Ramsay, who has served as General Manager of the Mill since 2019, has been named President of Thunder Bay Pulp and Paper.

 

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HKB-Hoa Lu Paper starts up OCC line at Nho Quan mill in Vietnam

HKB-Hoa Lu Paper Co., Ltd. has successfully started up an OCC (old corrugated containers) line and a reject treatment system delivered by Andritz at its mill in Nho Quan District, Ninh Binh Province, Vietnam.

The new line processes OCC with a capacity of 500 t/d to produce high-quality testliner and corrugated medium for the local and Chinese markets.

Andritz’s scope of supply comprised the complete stock preparation equipment including the approach flow, fiber recovery, and reject treatment systems, detailed engineering and supervision of erection and commissioning as well as operation and maintenance support.

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Graphic Packaging to acquire Bell Incorporated

Graphic Packaging Holding Company has entered into a definitive agreement to acquire Bell Incorporated, a well-capitalized U.S. packaging provider. The proposed acquisition is expected to add approximately $200 million in sales, $30 million in Adjusted EBITDA and will support strategic priorities of increasing integration rates and expanding customers and categories. Annual synergies of approximately $10 million are expected within 24 months of closing. The transaction includes three well-capitalized packaging facilities in the Midwest that consume 95,000 tons of paperboard annually.

The transaction is expected to close in the Q4 2023, subject to regulatory approvals and other customary closing conditions.

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Valmet to Deliver Recovery Boiler Upgrade to Lecta’s Torraspapel Mill in Spain

Valmet will deliver a recovery boiler upgrade to Lecta Group’s Torraspapel combined pulp and paper mill in Zaragoza, Spain.

According to Valmet, the primary target of the upgrade is to increase the recovery boiler’s black liquor capacity. The upgrade will also reduce the mill’s emission levels and improve the water side of the boiler, hence enabling the capacity increase. The upgrade will take place during the mill’s annual shutdown in October 2023.

“The project will help Lecta to optimize the energy balance of Zaragoza mill as well as make progress in our medium-term decarbonization plan. It also contributes to eliminate a bottleneck for possible future growth in production and/or use of other eucalyptus species. Valmet has always been a reliable and trustworthy supplier for Lecta, with a high degree of technical capabilities in the pulp and paper areas,” says Primitivo Prados, Mill Manager at Torraspapel mill.

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Arctic Paper expects lower Q2 result

Arctic Paper S.A. expects an EBITDA result for the Q2 2023 in the range of PLN 60-70 million ($14.7- 17.2 million), which is lower than current market estimates. The lower result is due to a significantly lower revenue of PLN 836 million ($205 million); this in turn is due to the general economic slowdown and customers destocking. Arctic Paper focuses on margins and has adapted production with a high degree of cost efficiency to meet the weaker market.

“The volatility of the pulp and paper markets serves as a reminder of the importance of our long-term strategic plan to diversify into energy and packaging, while maintaining our strong positions in the pulp and paper markets. We are working intensively to develop future growth opportunities in line with the 4P strategy”, says Michal Jarczyński, CEO of Arctic Paper S.A.

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Total U.S. Boxboard Production Decreased Eleven Percent in Q2 2023

The American Forest & Paper Association (AF&PA) released its Q2 2023 Boxboard report. According to the report, total boxboard production in Q2 decreased 11% compared to Q2 2022. The boxboard operating rate was 86.6%, down 7.6 points from Q2 2022.

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Clearwater Paper Reports Second Quarter 2023 Results

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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Maximising the recyclability of paper sacks

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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International Paper reports Q2 net earnings of $235 million

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’s Veracruz mill in Mexico

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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Industrial Physics Appoints Barry Lyon as CEO; Lance Reisman as Chairman

Industrial Physics announced the appointment of Barry Lyon to Chief Executive Officer, and Lance Reisman to the role of Chairman of the Board. Lyon succeeds Jim Neville, who has led the company since 2016. The announcement follows news that the company’s acquisition by investment funds managed by KKR from Union Park Capital was completed on July 19, 2023.

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Accursia Capital makes binding offer for Ahlstrom Stenay mill

Ahlstrom has found a potential buyer for the Stenay specialty paper mill in France. Germany’s private-equity company Accursia Capital already submitted a binding offer.

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Navigator proceeds with moulded fibre packaging investment at Cacia pulp mill

Portuguese fine and tissue paper company The Navigator Company is building a moulded fibre packaging plant at the company’s Cacia pulp mill complex in Aveiro. The investment is part of Navigator’s packaging business strategy.

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Canfor Pulp Reports Results for Second Quarter of 2023

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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The Paper Excellence Group Announces Renewed Business Unit Structure

 

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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COBAP completes PM1 modernization at mill in Brazil

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

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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