Back to growth, improved profitability and solid cash generation
خواندن ادامه مطلب
آرشیو برچسب های: Billerud
13
دی
دی
International Paper announces the appointment of Santiago Arbelaez as the Chairman of the Paper and Packaging Board (P+PB) Board of Directors. This leadership appointment was made by USDA Secretary Tom Vilsack and marks a pivotal moment for the organization.
As the Chairman, Arbelaez will collaborate closely with the P+PB leadership team and the eight-member Board of Directors responsible for funding the Paper & Packaging – How Life Unfolds® campaign. The campaign is a national promotion program centered around sustainability within the paper and packaging sectors.
In addition to this appointment, Arbelaez will continue serving as the Vice President of Strategy for International Paper’s Industrial Packaging business, bringing a wealth of experience and strategic insight to his role as Chairman of the P+PB Board.
اخبار خارجی
Moelven Wood and Billerud Collaborate to Develop Paper-based Packaging to Replace Shrink Wrap
07
دی
دی
Moelven Wood and Billerud are joining forces to examine the possibility of developing a new sustainable packaging solution for Moelven’s interior panels. The goal is to create a paper-based solution to replace the current plastic shrink wrap. The collaboration stems from an innovation competition organized by Paper Province.
In September, 19 companies submitted 22 solution proposals to Moelven Wood’s packaging challenge — to find a more sustainable packaging for their wooden interior panels.
Out of these, Ahlstrom, Billerud, Boxon, Lignin Industries, and T-Emballage were selected to work on the challenge during Moelven Hackathon. The innovation competition was arranged by the forestry bioeconomy cluster Paper Province and held in Karlstad, Sweden, on December 11 and 12.
During the competition, the companies fine-tuned their solutions with support from mentors in business and product development, communication, value proposition, and materials. At the final, the companies pitched their proposals to Moelven’s jury who announced Billerud and their fiber-based packaging solution as the winner.
خواندن ادامه مطلب
06
دی
دی
Andrei Krés has been appointed as the new CFO of Billerud. Andrei has been the acting CFO since August 2023 and will assume the permanent role immediately.
Andrei Krés joined Billerud in 2011 and has since then held several different positions within the company including Head of Group Treasury, Vice President of Group Finance and since August 2023 as acting CFO.
“I am entirely confident that Andrei, with his strong financial profile and deep experience within the company, will contribute positively to our financial development as well as bring valuable expertise to the Group Management Team,” says Ivar Vatne, CEO and President of Billerud.
“It’s very gratifying and an honor to have been offered the role of CFO at Billerud. The combination of high-quality products with a strong focus on sustainability makes Billerud a leader in the packaging industry, and I look forward to continuing to develop the group together with Ivar and the team”, says Andrei Krés, CFO of Billerud.
14
آذر
آذر
The Board of Billerud has appointed Ivar Vatne as President and CEO of the company. Ivar Vatne has been acting President and CEO since July 2023 and enters the permanent position with immediate effect.
“The Board has conducted a thorough recruitment process and has evaluated both internal and external candidates,” said Jan Svensson, Chairman of Billerud. “We are very pleased that Ivar is willing to take on the job and it shows real strength that we find the best candidate within the company.
“Ivar is a highly appreciated leader, and he has deep knowledge about the company’s strategic direction. He has also proved that he understands the importance of continuous improvements to secure competitiveness, and has the ability to drive them,” Svensson concluded.
07
آذر
آذر
The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €۱۱۰ million) loan agreement with Swedish company Billerud, a world-leading paper and packaging materials supplier. The loan supports investments in the modernisation and upgrade of a bioproduct mill, including the replacement of a recovery boiler. The upgrades are well anchored in Billerud’s sustainability strategy and will secure high environmental performance for the mill, with increased energy and resource efficiency.
Materials made at Frövi mill are used in various packaging applications, with a particular focus on food and beverage packaging — an area that has strict requirements in terms of durability and hygiene standards. Fibre-based packaging has the advantage of being fossil-free, recyclable, and biodegradable — features that set it apart from fossil-based types of packaging. Materials produced by Billerud can be recycled many times and made into recycled board, before finally being used for energy production.
24
شهریور
شهریور
According to a survey conducted by Karriärföretagen in May-July 2023, which garnered responses from 3,756 young professionals, Billerud has once again been acknowledged as one of the top ten employers in Sweden, and consolidates its position as the second most attractive employer for bachelor engineers and the third most attractive employer for master engineers.
“At Billerud, we are committed to fostering sustainable working conditions for all our employees and leaders. We place a strong emphasis on analyzing and understanding the factors that motivate both our current and potential employees,” stated Jimmy Hayashi, Director of People Development.
خواندن ادامه مطلب
31
مرداد
مرداد
Billerud is introducing a new organization whereby the company harmonizes and operates its business in two distinct geographical regions – Europe and North America. Billerud further appoints Andrei Krés as acting CFO, effective immediately.
Matthew Hirst, previously EVP Commercial, has been appointed President of Billerud Europe and will lead the new European organization consisting of Commercial, Operations and Procurement & Wood Supply functions. Kevin Kuznicki remains President of the North American organization.
In addition, Andrei Krés, has been appointed as acting CFO and will be part of the Group Management Team. Andrei Krés holds a bachelor’s degree in business and economics from Lund University and has held various positions in Billerud, most recently as the Vice President of the Group Finance function.
Billerud is one of the leading manufacturers of packaging paper made from virgin fibers.
09
مرداد
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.
خواندن ادامه مطلب
24
تیر
تیر
Billerud has agreed with the investment company Mimir Group about a divestment of Managed Packaging, which offers packaging solutions to global brand owners.
Terms of the deal were not disclosed.
خواندن ادامه مطلب
27
خرداد
خرداد
Billerud expects the EBITDA for the 2023 second quarter to be SEK 100-200 million. The lower result is mainly due to significantly lower sales volume and revaluation of finished goods inventory. Billerud also announces a raised ambition for its efficiency program and a changed financial reporting structure.
خواندن ادامه مطلب
21
اردیبهشت
اردیبهشت
Billerud has resumed operations at its pulp and paper mill in Escanaba, Michigan, after a rare fungal disease outbreak that began in March forced the company to temporarily idle operations at the site.
;
10
اردیبهشت
اردیبهشت
Billerud’s net sales for the Q1 2023 grew by 55% to SEK 11,495 million ($1.1 billion), compared to SEK 7,397 million ($721 million) in Q1 2022. Net sales excluding currency effects increased by 51%, mainly due to the acquisition of Verso, which was completed on 31 March 2022. Billerud North America (former Verso) had net sales of SEK 3,311 million ($332 million) and sales volumes of 235 ktonnes. The total sales volume for the Group in the Q1 was 943 ktonnes, negatively impacted by a softer demand and inventory adjustments by customers. The organic and currency neutral net sales growth for the Group was 6%.
خواندن ادامه مطلب
23
فروردین
فروردین
Why buy something new when you can renovate and upgrade? These are values packaging giant Billerud in Kalix, northern Sweden, lives by. So, a retrofit solution with new energy-efficient circuit breakers was a perfect match when its decades-old switchgear needed new life.
خواندن ادامه مطلب