Rayonier Advanced Materials Inc. (RYAM) and France-based Verso Energy have signed a new Memorandum of Understanding (MoU) to accelerate the development of a sustainable aviation fuel (e-SAF) and carbon utilization project at RYAM’s Jesup, Georgia facility.
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Cascades USA Inc., a U.S. indirect wholly-owned subsidiary of the Company (the “Co-Issuer”), will be a co-issuer with the Company in respect of the Notes. The Notes will be guaranteed by each of the Company’s existing and future U.S. and Canadian restricted subsidiaries (other than the Co-Issuer), subject to certain exceptions, on a senior unsecured basis.
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خرداد
n article by Atlantic Packaging, featuring an interview with Design Manager Phil Watson, explores the dynamic and evolving world of corrugated packaging design.
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خرداد
Valmet will supply an extensive rebuild for Sylvamo’s paper machine PM 2 in Eastover, South Carolina, USA. The rebuild for the paper machine will include a new headbox, enhancements to various sections of the machine, and Industrial Internet solutions. The start-up is scheduled for the end of 2026.
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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.
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.
اخبار خارجی
Paperworld China kicks off this Friday as industry players reunite for face-to-face business
آبان
Over 300 exhibitors are set to showcase a wide spectrum of stationery, office supplies as well as personalised, cultural and trendy products at this week’s Paperworld China, which takes place at the Shanghai World Expo Exhibition & Convention Center. From 17 – ۱۹ November 2023, the show will offer global buyers a well-rounded sourcing experience and an efficient platform for national and international business. A dynamic series of industry activities, insightful seminars and engaging discussions will be held concurrently to enrich participants’ experiences.
Ms Judy Cheung, Deputy General Manager of Messe Frankfurt (HK) Ltd, is looking forward to a successful three days of business exchange: “This year’s show carries immense significance, as it marks its first return since 2020 after being interrupted by the pandemic. Players from across the entire industry are eager to once again gather at the fairground to reconnect and unveil their latest in stationery, office supplies, hobby, arts and craft supplies. Additionally, this year’s show has been further enriched by including trendy consumer lifestyle goods. We can’t wait for exhibitors and buyers to take advantage of the expanded range of products and make the most of this exciting opportunity for new business to be generated.”
آبان
Sappi Limited, a leading producer of dissolving pulp sold under the brand name Verve, continues to reach new milestones by completing the Higg Facility Environmental Management (FEM) verification audit at its Cloquet mill. Based in Northern Minnesota, USA, the mill is one of the leading dissolving pulp facilities to complete this external verification process. A final score of 91.5% was achieved which reinforces and demonstrates the sound environmental practices employed by the mill. Supporting the call to accelerate transparency in the textile and apparel sector, a detailed performance report will be made available to all key stakeholders on request.
Developed by the Sustainable Apparel Coalition (SAC), the Higg FEM is part of a suite of tools that enables manufacturing facilities of all sizes to measure and score their environmental performance against a standard set of criteria, allowing for meaningful and credible performance benchmarking in the apparel and textile sector. Across topics such as water use, carbon emissions and waste management, the Higg Index can be used by consumer goods brands, retailers, manufacturers, governments, NGOs and consumers to inform their individual sustainability strategies and drive collective industry transformation.
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Mercer International inaugurated the Mercer Lignin Center, which is located on the site of Mercer’s Rosenthal pulp mill in Germany.
“Our focus is on the full utilization of wood resources,” said Juan Carlos Bueno, CEO of Mercer International. “It is therefore only logical to exploit the often untapped potential of lignin.”
Mercer Rosenthal produces kraft pulp and has an annual production capacity is 360,000 ADMTs. In addition, the mill operates the largest solid biomass-based power plant in Thuringia (a state of central Germany), with a thermal capacity of more than 400 megawatts and an electrical capacity of 57 megawatts. An important biobased by-product of mill’s pulp production is tall oil, which replaces fossil products in the chemical industry. Lignin joins the mill’s existing portfolio of bioproducts.
مرداد
Mercer International Inc. recently announced the temporary curtailment of operations at its Celgar pulp mill located in Castlegar, BC, including wood acceptance. The curtailment is currently scheduled to become effective July 29, 2023, until August 28, 2023.
This temporary curtailment results from a significant loss of rail transport capacity resulting from the Vancouver port job action. The job action has led to a complete halt in railcar circulation, severely impacting the mill’s ability to transport pulp.
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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.
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