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SCA updates MTN program and publishes prospectus
Svenska Cellulosa Aktiebolaget SCA (publ) on May 8, 2018 established a Medium Term Note program (MTN) with a loan framework amounting to SEK 8 billion. Up to and including July 5, 2024 SCA has issued SEK 6.2 billion under the MTN program, of which SEK 4 billion is outstanding.
Södra to become “largest producer of kraft lignin in the world”
As a step in the strategy of getting more out of every tree, Södra is now establishing a new business to become a “world leader in the production of kraft lignin”. Södra's production facility will be the first commercial facility in Sweden and the largest of its kind in the world. This is an investment of over two billion SEK and expected to be in operation in 2027.
Andritz to supply world’s largest lignin production system to Södra pulp mill in Sweden
Swedish forest industry group Södra has selected international technology group Andritz to supply a complete solution for kraft lignin production to its Mönsterås pulp mill in Sweden. This major investment marks Södra’s entry into the lignin market as part of its strategy to make the most of the wood used in pulp production. This will be the first commercial kraft lignin plant in Sweden and the largest in the world.
Valmet to deliver a tissue machine to Andhra Paper in India
Valmet is to deliver an Advantage DCT100HS tissue line to Andhra Paper Limited for its Kadiyam mill in Andhra Pradesh, India. The new line is optimized to enhance production and reduce environmental footprint. The start-up is scheduled for the end of 2025. The order is included in Valmet's orders received of the second quarter 2024. The value of the order will not be disclosed.
Record attendance and industry innovation highlighted at Chemspec Europe 2024
The 37th International Exhibition for Fine and Specialty Chemicals concluded last week at the Messe Düsseldorf in Germany. The event welcomed 404 exhibitors from 27 countries, presenting their innovative substances and bespoke solutions on a record net exhibition space of 7,627m2. Increasing visitor numbers by 9.4% compared to last year’s edition, the show attracted a total of 4,548 trade visitors from 72 countries.
drupa
Showcasing circularity at drupa
Following a successful debut at the World Circular Economy Forum, 4evergreen attended drupa, the leading trade fair for print technologies, held in Düsseldorf, Germany. The 4evergreen alliance exhibited at the New Ecology Island at Touchpoint Packaging, engaging with stakeholders to promote the adoption of tools and guidelines that can help companies improve the circularity of fibre-based packaging.
Mondi anniversary: Color Copy digital colour printing paper celebrates 35 years
Color Copy, the premium paper from Mondi for laser and inkjet printing, is celebrating its 35th anniversary. Since its introduction in 1989, Color Copy has become an essential part of any digital print project, from business documents and marketing materials to creative products. This premium digital colour printing paper offers perfect print quality, high colour brilliance and excellent detail retention. In honour of this anniversary, Mondi has expanded the product range to include additional Color Copy papers for high-speed inkjet printing on reel stock.
Asia Symbol's Rugao BM 13 reaches full design speed just eight months after start-up
Asia Symbol and Voith have jointly set a new speed record for the Rugao BM 13. In just eight months after start-up in October of 2023, the BM 13 successfully reached its design speed of 1,400 m/min, consolidating Asia Symbol's position in the market.
SCA to increase kraftliner prices by €60 per tonne
The new price is valid from August 1, 2024. “We see a continued good growth in the market with a solid increased demand for Kraftliner”, remarks Mikael Frölander, Vice President of Marketing and Sales at SCA Containerboard.
Sustainability and Print Innovation Awards 2024 open for entries
WAN-IFRA is inviting entries for its annual Sustainability and Print Innovation Awards. The World Printers Forum’s competition celebrates the most innovative newspaper and magazine publishers’ print products worldwide. The awards will be presented in Vienna at the World Printers Summit in September 2024.
Voith employee inducted into Paper Industry International Hall of Fame
On June 19, 2024, Christian Schiel, a former Voith employee, was posthumously inducted into the Paper Industry International Hall of Fame (PIIHOF) in recognition of his many innovative developments that contributed greatly to modern paper machine designs. The award was accepted by Michael MacGregor, a former colleague of Schiel and a co-sponsor of the award nomination, during a presentation at the Wisconsin Paper Council’s annual meeting in Green Bay, Wisconsin.
SCA introduces revenue sharing for residents near wind farms
SCA has decided to take the lead ahead of the government report “The Value of Wind” (SOU 2023:18) by implementing its own compensation model, inspired by the report's proposals, for residents living near new wind farms developed by the company. The amount of compensation will be based on the distance to the turbine and the revenue generated by the turbine.
