UPM Paper ENA has announced plans to permanently close paper machine 5 at UPM Blandin in Minnesota, US in a bid to reduce graphic paper capacity. The closure plan comes as the firm seeks to reduce its the annual coated paper production ...
Tags: UPM Paper ENA, graphic paper
BASF has agreed to divest its paper coating dispersions business in Pischelsdorf of Austria to Synthomer for around €30m. Synthomer Austria will acquire BASF production site in Pischelsdorf, which produces styrene butadiene rubber ...
Tags: Paper Coating Dispersions, BASF
Sappi said it will showcase its complete line-up of speciality and packaging grades at this month’s Pack Expo Las Vegas in the US. The company's products and solutions will target packaging companies, brand owners, converters, ...
Tags: Sappi, Paper Packaging
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
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. ...
China based paper maker Sun Paper has commissioned new Voith-developed kraft liner paper machines at its facility in Zoucheng. Designed to have an annual capacity of 800,000 metric tons, the two new machines including right-hand machine ...
Tags: Sun Paper, Kraft Liner Paper
Paper producer Parenco has selected German engineering firm Voith Paper for renovating its manufacturing unit at Renkum, Netherlands, and converting paper machine 2 (PM2) to a packaging output line. The graphic paper maker is investing ...
Tags: graphic paper, packaging
The state of the trade continues to be reported as positive, but less so than in the previous two quarters. Confidence has been resolutely positive since the start of 2013, and respondents had previously improved their reports further ...
Tags: actual balance, Office Supplies
This is according to global credit research by Moody’s Investors Service, based on first half trading this year Moody’s notes that European paper demand is declining by 5% a year, and consolidation would aid the longer-term ...
Tags: Moody, Investments, Printing
Voith Paper, a division of Voith Group, has delivered three paper machines to China-based Sun Paper. The two medium-sized packaging paper machines PM 31 and the PM 32 with a wire width of 7.3m will be installed at the Sun Paper's facility ...
Tags: Voith Paper, Sun Paper, Printing
The report includes data about production, consumption and the trade of pulp, paper and raw materials, as well as data on energy and environment. CEPI members produced 91.1 million tonnes of paper and board in 2013. This is a decrease ...
Renewable and recyclable materials provider UPM is set to shut down its paper mill located at Docelles in France. For closing the Docelles mill,the company had already completed employee information and consultation negotiations,and also ...
Tags: Paper Mill, UPM, graphic paper
Sappi Fine Paper Europe has announced plans to invest about €120m in two of its coated graphic paper mills during the next three years. The investment is expected to decrease the cost base as well as improve the profitability of the ...
Tags: Sappi, graphic paper, European, investment