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Velvet Care acquired by Partners Group

Partners Group, a leading global private markets firm, acting on behalf of its clients, has agreed to acquire Velvet CARE, Central Europe’s fastest-growing consumer tissue producer, from Abris Capital Partners and plans to build value through initiatives including expansion in Central Europe and beyond.

Velvet CARE is one of the largest manufacturers of hygiene tissue products in Central Europe, with more than 850 employees in Poland and Czechia.

Since 1996, Partners Group has invested USD 200 billion in private equity, private real estate, private debt and private infrastructure on behalf of its clients globally. The firm employs more than 1,800 diverse professionals across 20 offices worldwide and has regional headquarters in Baar-Zug, Switzerland; Denver, USA; and Singapore. It has been listed on the SIX Swiss Exchange since 2006.

Velvet CARE divestment by Abris Capital Partners takes place after five years of dynamic growth. Factors driving the growth include investment in production technology, infrastructure and automation, which allowed a significant increase in the scale of production, making Velvet CARE the industry leader in sustainable growth.

 

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Canfor announces extended curtailment at Polar sawmill

Canfor Corporation recently announced it will curtail operations at its Polar Sawmill located in Bear Lake British Columbia, north of Prince George, following an orderly wind-down.

The curtailment is the result of a shortage of economically available fibre in the region and is expected to be in place for a period of approximately six months. The Company will continue to evaluate market conditions and fibre availability in the region and adjust operations accordingly.

“Unfortunately, BC is amongst the highest-cost operating jurisdictions in the world. With persistent weak market conditions and a shortage of cost-competitive fiber in the region, we simply don’t have enough economic fiber to support both of our Prince George-area mills through this winter. As a result, we are making the difficult decision to curtail operations at Polar to ensure continued operations at our other facilities in the region,” said Stephen Mackie, Executive Vice President, North American Operations.

“We know this will significantly impact our Polar employees, their families, our suppliers and the local community, who all rely on a healthy forest industry. We regret having to take this action and are committed to supporting our employees and their families during this difficult time. We will also continue to encourage government to work with industry, Indigenous partners and communities to address the challenges and uncertainty the industry is facing in accessing fiber in BC – the fiber that supports thousands of manufacturing jobs and creates the low-carbon products the world wants.”

The curtailment will remove approximately 140 million board feet of production over six months.

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Tissue World Miami 2024 announces key note speaker

Tissue World Miami announces its initial line up of confirmed speakers. Key note speaker will be Jean-David Tardif, President & COO of Cascades.

Jean-David will join industry experts in providing both internal and external perspectives on tissue’s role in a rapidly evolving world, allowing you to navigate the path forward with informed insights.

Tissue World Miami 2024 will take place 31 January – ۰۲ February at Miami Beach Convention Centre.

Tissue World Miami 2024 will gather industry leaders as they discuss the latest innovations in tissue manufacturing. Learn about cutting-edge technologies, sustainable production methods, and how these advancements are shaping the future of the tissue industry.

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Cascades Announces the Death of Bernard Lemaire, a Great Entrepreneur and Builder

Cascades deeply regrets and is saddened to announce the death of one of its cofounders, Mr. Bernard Lemaire, at the age of 87.

Bernard Lemaire was born in Drummondville, Québec in 1936. In 1960, he joined the family business of waste recovery, Drummond Pulp and Fiber. Four years later, under his impetus, and with the support of his brothers Laurent and Alain, a second life was given to the disused Dominion Paper Co. mill in Kingsey Falls. He then laid the foundation for Cascades, which would become a North American, and even European, leader in environmentally responsible recovery, packaging and hygiene solutions.

For nearly 30 years, Bernard Lemaire was president of the Company, applying his management philosophy based on respect for human resources and initiating an unprecedented expansion strategy. He applied the same recipe to build Boralex, a Québec flagship in renewable energy.

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Jessica Nordin new director of sustainability at Södra

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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The environmental impact assessment procedure for Kaskinen paperboard mill project completed

The South Ostrobothnia Centre for Economic Development, Transport and the Environment issued its statement on the EIA report for the Kaskinen paperboard mill of Metsä Board, part of Metsä Group, on 22 September 2023. This concludes the mill project’s environmental impact assessment procedure.

The results of the impact assessment will be considered in the ongoing planning and decision-making process. The EIA process does not make decisions on the project but aims to provide information to support decision-making and to increase public access to information and influence.

Metsä Board started pre-engineering for the new paperboard mill in Kaskinen in autumn 2022. The pre-engineering is based on fossil free production and world-class resource, production and environmental efficiency. Metsä Board estimates that a possible investment decision can be made in 2024 at the earliest.

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As California Receipt Bill Falters, Paper Receipts Association Stands Strong for Consumer Choice

The Paper Receipts Converting Association (PRCA) is pleased to announce that California Bill AB 1347, which proposed stringent regulations on the use of paper receipts in the state, failed to move past Senate Appropriations last week. A victory for consumers and industry alike, the bill will not move forward in the state’s 2023-24 legislative session.

Upon AB 1347’s introduction earlier this year, PRCA quickly began to communicate the value of paper receipts to lawmakers in California, working closely with other groups such as the American Forest and Paper Association, the California Chamber of Commerce, the California Retail Council, and local community groups like the Imperial Valley Food Bank and Long Beach’s Su Casa.

 

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A.Celli to rebuild Hiang Seng Fibre Container’s PM5 at Bangkok mill in Thailand

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.

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Huhtamaki invests $30 million in Paris, Texas, factory expansion

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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Stora Enso completes negotiations concerning closure of one paper line

Stora Enso has completed the negotiations concerning the consolidation of its book paper production and the permanent closure of one of the two paper machines at the Anjalankoski site in Finland. The closure will take place during the fourth quarter of 2023.

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Glatfelter Announces Closure of Ober-Schmitten, Germany Facility

Glatfelter today announced that it is closing its Ober-Schmitten, Germany, facility due to the ongoing financial underperformance of the electrical and glassine specialty papers manufactured at the site. The actions taken are part of the Company’s turnaround strategy that is aimed at improving the financial performance of the overall business.

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New refiner innovation successfully in operation at Dongguan Jianhui, China

Dongguan Jianhui Paper Co., Ltd. has successfully started up a new mechanical pulping line from Andritz including the world’s first TwinFlo Prime refiner.

The newly developed TwinFlo Prime optimizes the pulp flow to each refining zone thanks to improved refining gap adjustment. This reduces wear on the refiner plates and thus results in longer plate lifetime and lower maintenance cost.

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