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Valmet Selected to Supply Two More Containerboard Machines to Nine Dragons

Mar 20, 2018

Valmet has been selected to supply two more containerboard production lines with associated automation systems for Nine Dragons Industries, a manufacturer of recovered paper based paper, in China. Under the contract, Valmet will be ...

Tags: Valmet, Containerboard Machines

Sappi Acquires Cham Paper's Specialty Paper Business

Mar 2, 2018

South African pulp and paper firm Sappi has acquired specialty paper business of Cham Paper Group for CHF146.5m ($149m). The deal, which was signed in December 2017, involves acquisition of CPG’s Carmignano and Condino Mills in ...

Tags: pulp, paper

Packaging Corporation of America to Purchase Assets of Sacramento Container

Aug 28, 2017

Packaging Corporation of America (PCA) has agreed to purchase all assets of Sacramento Container and acquire 100% membership interests of Northern Sheets and Central California Sheets for $265m. As per the agreement, PCA will take over ...

Tags: Packaging, Sacramento Container

Sappi Net Profit Increases in Q3

Aug 8, 2017

Sappi has reported a net profit of $58m for this financial year’s third quarter, compared to $32m for the same period last year. For Q3, its earnings per share stood at $0.11, excluding special items. Sappi had also reduced its debt ...

Tags: Sappi

Sappi, Felix Schoeller to Unveil Paper-Based Packaging Solution at Interpack 2017

Apr 24, 2017

Sappi is unveiling a paper-based packaging solution, developed in partnership with Felix Schoeller, at Interpack 2017. In January this year, Sappi Europe and Felix Schoeller signed a a collaboration agreement to jointly develop ...

Tags: Paper-Based Packaging, Packaging

Glatfelter Announces Leadership Change in Specialty Papers Business Unit

Jan 17, 2017

Glatfelter announced the promotion of David Dickerhoof to vice president of sales and marketing for specialty papers, effective immediately. Mr. Dickerhoof fills the position previously held by Mr. Timothy Hess who was promoted to Senior ...

Tags: Specialty Papers, Glatfelter

Verso Reveals Strategic Initiatives to Reorganize Business

Nov 17, 2016

Verso has announced strategic initiatives to reduce costs and improve its overall operating and financial performance. The US-based printing paper and specialty paper producer has deviced three strategic initiatives, which also includes ...

Tags: Verso, specialty paper units

Mac Papers Names Chris Streibig as Paper Sales Manager in Miami

Oct 11, 2016

Mac Papers, the merchant distributors in the Southeast US, announced Chris Streibig will be its new paper sales manager for the company’s Miami branch, effective 1 January. In this new role, Streibig will be responsible for managing ...

Tags: Mac Papers, Chris Streibig, paper sales manager

Valmet to Supply Equipment for Cheng Loong's Containerboard Machine in Vietnam

Sep 13, 2016

Cheng Loong Binh Duong Paper Company has selected Finnish firm Valmet to supply key process technology for the new BM 1 containerboard machine in Vietnam. The new machine is scheduled to be installed at the company's Ben Cat mill in Binh ...

Tags: Valmet, Cheng Loong Binh Duong Paper Company

Sappi Delivers Increased Profits for 3rd Quarter Ended June 2016

Aug 10, 2016

Operating profit excluding special items was strong at $97m despite the third quarter being seasonally the weakest due to the summer holiday period in the northern hemisphere and the scheduling of annual maintenance work during the period. ...

Tags: Cellulose business, EBITDA, solid performance

Mondi Reports Half-Yearly Results for Six Months Ended June 2016

Aug 9, 2016

Mondi announced half-yearly results for the six months ended 30 June 2016. Highlights Continued strong financial performance on all key metrics Underlying operating profit of €529 million, up 8% Underlying earnings of ...

Tags: metricsUnderlying, Uncoated Fine Paper, Fibre Packaging

Sappi Strengthens Release Liner Business

Apr 21, 2016

Sappi is reinforcing the performance capabilities and benefits of its release liner portfolio with several investments and activities. Algro Sol silicone base papers from Sappi have had an outstanding reputation for quality during the ...

Tags: Sappi, Release Liner Business

Kruger Selects ABB to Upgrade Equipment for Linerboard Production in Canada

Apr 11, 2016

Kruger Packaging has selected ABB to provide engineered solution and services for a paper machine rebuild project at Trois-Rivières Mill in Quebec, Canada. Kruger Packaging is investing C$250m ($188.6m) to convert the No. 10 ...

Tags: Kruger, ABB, Engineered solution, Paper machine rebuild project

Lee& Man Paper Announces 2015 Annual Results

Mar 8, 2016

Lee & Man Paper Manufacturing ,one of the containerboard manufacturers in China, announced its annual results for the twelve months ended 31 December 2015. During the period, the Group recorded a total sales volume of 5.44 million tons, a ...

Tags: Lee&Man Paper Manufacturing, Annual results

Sappi First Quarter Profits Triple on Significantly Stronger Performance

Feb 15, 2016

Operating performance in the quarter was strong and substantially above the equivalent quarter last year. The group increased EBITDA excluding special items by 21% to US$175 million, operating profit excluding special items by 51% to ...

Tags: Stronger Performance, EBITDA

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