Manufacturer News

100 years and not tired at all: Drewsen Spezialpapiere congratulates PM 1

In 1922, the “big” new paper machine number 1 replaced its two obsolete predecessors from the early days of industrialization. 100 years later, it is the smallest of three paper machines at Drewsen Spezialpapiere in Lachendorf and responsible for 15% of production. On its special birthday and thanks to regular investments over the years, it is still considered to be not only state of the art but also competitive.

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Sappi delivers record earnings for the third financial quarter 2022

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am very proud of another quarter of record earnings against a backdrop of significant geopolitical turmoil, supply chain headwinds and extraordinary global inflationary pressures.” Strong global paper demand and pricing momentum offset sharply rising costs and the negative impact of scheduled maintenance shuts at four mills. EBITDA improved to a record US$371 million, up from US$337 million in the prior quarter and US$145 million in the equivalent quarter a year ago.

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Sappi Europe announces further price increases for its Speciality Paper Portfolio

Sappi Europe informs customers about ongoing challenges to cope with further increases of pulp, energy, chemicals and transportation costs. Sappi therefore announces further price increases up to 18% for its entire Speciality Paper Portfolio. The implementation will be as of delivery dates 12 September, considering existing agreements. This will be in addition to the increases already announced earlier.

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Walki acquires Finnish packaging producers Westpak and Flexipack

Walki Group has signed a definitive agreement to acquire 100 % of the shares in Westpak Oy Ab and Flexipack Oy Ab. Since years, these two companies form an integrated value chain, providing high quality flexible packaging solutions to leading Nordic food brands. In 2021 Flexipack and Westpak generated combined sales of about EUR 40 million. Together they are employing some 100 employees. Westpak is based in Säkylä, Finland, whilst Flexipack production facility is located in Vaasa, Finland.

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Smurfit Kappa’s circular approach to benefit local community

The Smurfit Kappa paper mill in Nettingsdorf, Austria, has launched a sustainable district heating project that will benefit 20,000 homes across three communities when completed. The scheme will capture excess heat generated from the Nettingsdorf paper mill to provide heating for local homes, businesses and schools. Civil works have commenced on the ambitious project with the first trenches excavated and pipes laid in June. The central heat distribution building and equipment will be erected in the coming months and it is planned that a local elementary school and the kindergarten in Nettingsdorf will be the first premises to benefit from the scheme early next year.

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Sappi Europe announces price rises for its Woodfree Coated and Uncoated papers, and Paperboard

Due to continuing high cost and volatility in raw materials, energy and transportation, Sappi Europe will increase its prices to its European customers by 8-10% on its range of Woodfree Coated and Uncoated papers, and Paperboard from 12 September. This is in addition to previously communicated increases. The cost outlook remains uncertain and Sappi will continue to adjust pricing if costs escalate further.

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Feldmuehle is switching steam generation

The Feldmuehle is switching steam generation in Q4/22 to an alternative fuel, light heating oil, at short notice. This will ensure the continued operation of the site in the event of a worsening gas shortage. This step also secures the competitiveness of Feldmuehle in face of the current sharp rising gas prices. The necessary investments of 2.6 million euros will be financed by an extraordinary shareholder contribution.

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Mondi and Fiorini: Fully recyclable paper packaging for premium pasta

Mondi, in partnership with Fiorini International, a converter and packaging producer based in Italy, has successfully created and launched a new fully recyclable paper packaging for a premium Italian pasta brand. Following a complete overhaul of its packaging design, Antico Pastificio Umbro decided to combine the expertise of Mondi and Fiorini International to design and produce a paper bag with a viewing window for its premium pasta ranges. After the complete roll out, this new packaging solution will support the company’s sustainability goal of reducing plastic by saving up to 20 tonnes of plastic per year.

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Sappi to receive approval of Science Based Targets

Sappi is pleased to announce that the science-based carbon emission reduction target of 41.5% per ton of product has been approved by the Science Based Targets initiative (SBTi). The SBTi is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).

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Lecta: Paperboard for creative, sustainable projects

Raw materials, functionality and printing techniques are fundamental factors when choosing a type of packaging. With more than 80% of purchasing decisions made at the point of sale, product presentation is key to brand recognition. This is why Lecta has created a versatile range of SBS graphic paperboard with a silk finish: Diva Art (1-side coated) and Diva Art Duo (2-side coated), for creative, sustainable projects.

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Stora Enso survey finds physical books still outperform e-books “in share of hearts and minds”

A new survey commissioned by Stora Enso in March 2022 among 2,400 book readers and listeners in the UK, France, Germany and the US showed that people still overwhelmingly prefer physical books (65%) to e-books (21%) or audiobooks (14%). And consumers are willing to pay a premium for carbon neutral books.

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Bain Capital Private Equity and BC Partners enter into joint ownership agreement for Fedrigoni

Bain Capital Private Equity, a global private investment firm, has signed definitive documents to enter into joint ownership agreement for Fedrigoni, a global producer of self-adhesive labels and fibre-based packaging products, with BC Partners, an international investment firm. Bain Capital acquired Fedrigoni in 2017. Under Bain Capital’s ownership, Fedrigoni has more than doubled Adjusted Sales and nearly tripled Adjusted EBITDA through a combination of organic growth acceleration and M&A execution.

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