The trade tensions that have dominated US economic policy since the Trump administration have left a tangible impact across a range of industries—including pulp and paper.
خواندن ادامه مطلبآرشیو برچسب های: paper towels
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دی
دی
Georgia-Pacific reinvested approximately $2 billion back into its business and operations in 2023. These capital improvement projects include launching and completing new facilities and enhancing existing operations. Each investment helps Georgia-Pacific better serve customers, and increase productivity and efficiency, while also creating greater economic opportunities for each facility’s local economy.
Georgia-Pacific made several investments large and small across its businesses. The projects listed below are large initiatives valued at approximately $100 million and up.
Georgia-Pacific has reinvested approximately $2 billion in capital improvement projects in 2023.
Green Bay, Wisconsin – $550 million
In November, the team at Georgia-Pacific’s Broadway facility in Green Bay, Wisconsin, signed and raised the last major structural beam for the $550 million Brawny® project. Construction began in July 2022 and is expected to be completed in 2024. At the center of the investment is a new paper machine using through-air-dried (TAD) technology, which will improve the quality of products manufactured at the site by making them softer and more absorbent. The new TAD machine will produce thousands of tons of paper that will be converted into millions of cases of Brawny® paper towels and other premium private-label brands.
خواندن ادامه مطلب
30
آذر
آذر
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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مهر
مهر
Georgia-Pacific informed employees at its Foley Cellulose mill in Perry, Florida, that the company plans to permanently close the facility.
All the approximately 525 jobs at the mill will be impacted by this closure.
The Foley mill produces specialty and fluff pulp.
According to Georgia-Pacific, various factors influenced this difficult decision. Ultimately, GP does not believe that the mill can competitively serve its customers in the long term despite the significant investments and commitment by GP Cellulose since the site was acquired in 2013.
خواندن ادامه مطلب
21
تیر
تیر
Northwood Group successfully launched Northwood Consuma Tissue (NCT) in December 2022, the company announces now the expansion of its converting capability with the purchase of a new 14-acre (5.7 hectares) site housing a 235,000 sq ft (22,000 sq m) facility in Ellesmere Port, Cheshire. This will dramatically increase the available output of toilet tissue and kitchen towel and allows the company to be true cross-category paper partners to its premium grocery customers.
خواندن ادامه مطلب
28
خرداد
خرداد
Bracell recently announced the start of civil works for the largest tissue mill in Latin America. The unit is being built next to Bracell’s pulp mill in Lencois Paulista (SP). In all, the company is investing R$ 5 billion in the city, R$ 2.5 billion of which in the construction of the tissue mill, which is expected to start operating in 2024, and the other half of the amount for investment in a plant production of sodium chlorate and hydrogen peroxide, chemical components used in the pulp production process.
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