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18.09.2017

Succession at the top of Voith Group decided

The Shareholders' Committee of Voith Management GmbH has decided about the succession of Dr. Hubert Lienhard, long-standing President and CEO of the Management Board. Stephan Schaller, currently member of Voith Shareholders’ Committee and head of the global motor-cycle division of BMW Group, has been appointed as successor. more...
14.09.2017

Paper Excellence to buy Brazil's Eldorado from J&F for Euro 3.9 billion

Brazilian holding company J&F Investimentos SA on Saturday accepted a proposal from Netherlands-based Paper Excellence to buy pulpmaker Eldorado Brasil Celulose SA for 15 billion reais ($4.7 billion), including debt. (Reuters) more...
14.09.2017

Hamburger Containerboard invests 300 Mio Euro in new paper mill in Kütahya, Turkey

The location is situated 250 Km south-east of Istanbul. The new paper machine will have state-of-the-art technology, a width of 7,80m and an annual production capacity of 480.000 tonnes containerboard, mainly light-weight Testliner and Fluting. The 300 Mio. Euro investment will create 500 new jobs and is planned to be finalized in 2020. more...
13.09.2017

Stora Enso’s Kvarnsveden paper mill negotiations concluded

Stora Enso announced in February plans to permanently close down one paper machine 8 (PM8) and related reorganisation at the Kvarnsveden Mill in Sweden that could affect a maximum of 140 people at the mill. PM8 was permanently shut down in June, and the negotiations between central parties have now been concluded. more...
13.09.2017

Georgia-Pacific to Build 100 Mio State-of-the-Art Lumber Production Facility in Talladega, Alabama

The new lumber production facility in Talladega, Alabama will cost $100 Million and will create more than 100 New jobs. Construction on the $100 million, 300,000-square-foot, technologically advanced plant is scheduled to begin immediately with an anticipated startup in late 2018. Once it is fully operational, the plant will employ more than 100 full-time employees and generate an estimated $5 million in annual payroll. more...
12.09.2017

BASF expands paper coating portfolio for the Nordic market

The newly developed low odor XSB dispersion supplements the portfolio for board & packaging paper, Increasing the number of products with higher solid content. more...
07.09.2017

Tissue machine with 20-foot steel Yankee started up at Guizhou

Andritz successfully started up the TM5 tissue machine delivered to Guizhou Chitianhua Paper Industry Co., Ltd. at its location in Chishui, Guizhou Province. The new PrimeLineST tissue machine, with a design speed of 2,000 m/min and a paper width of 5.6 meters, will produce high-quality facial wipes, toilet paper, and paper tissues based on bamboo furnish. more...
07.09.2017

Valmet included in the Dow Jones Sustainability Index for 4th year

Valmet has been included in the Dow Jones Sustainability Index (DJSI) for the fourth consecutive year and thus maintains its position among the world's sustainability leaders. Valmet was listed both in the Dow Jones Sustainability World and Europe indices. more...
18.08.2017

KaiCell Fibers appoints Esko Nenola as Director of Wood Supply

Finland’s KaiCell Fibers Ltd has appointed Esko Nenola, Forest Engineer, M.Sc. (Business Administration), Director of Wood Supply for the company’s biorefinery venture in Paltamo. He brings extensive international experience in wood sourcing and the entire forest relates value chain, as well as having taken part in corporate restructuring and other strategic tasks. Among his previous management position he was leading the mechanical wood processing operations of Swedwood/IKEA in Russia. more...
18.08.2017

Andritz starts up production technologies for Metsä Group’s new bioproduct pulp mill in Finland

Andritz has successfully completed start-up of the key production technologies for Metsä Group’s new bioproduct pulp mill with an annual capacity of 1.3°million tons of pulp in Äänekoski, Finland. All Andritz processes were started up successfully according to the agreed schedules. more...

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