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BALA CYNWYD, Pa., Sept. 28, 2017 -- PaperWorks Industries, Inc., a leading manufacturer of paperboard and specialized folding cartons, announced that C. Anderson "Andy" Bolton has joined the company as president and chief executive officer...
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Sep 28, 2017---Valmet will supply a complete tissue production line, including Focus rewinder and an extensive automation package to Crown Paper Mill (CPM) in Abu Dhabi. The new Advantage DCT 200HS line will fulfill the company's demand of new capacity of high quality tissue products for the Middle East market. Start-up is planned for the second half of 2018....
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BAODING, China, Sept. 28, 2017 -- Orient Paper, Inc. (NYSE MKT: ONP) ("Orient Paper" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that the Company postponed the 2017 Annual Meeting of Stockholders ("Annual Meeting") that was originally scheduled to be held on September 25, 2017, at 10:00 AM local time in Wei County, China, due to a lack of the requisite quorum...
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YORK, Pa.-Sep 28,2017-- Glatfelter (NYSE: GLT) today announced that its board of directors declared a $0.13 per share cash dividend on its outstanding common stock. The dividend is payable on November 1, 2017, to shareholders of record as of the close of business on October 11, 2017...
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Sep 27, 2017---Valmet has opened a new service center in Cikarang, located 30 kilometers from Jakarta on the island of Java in Indonesia to serve its customers in the Asia Pacific area. The inauguration ceremony was held on September 27th, 2017 and was attended by customers, local authorities and Valmet's management....
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MEMPHIS, Tenn., Sept. 26, 2017 -- Evergreen Packaging®, a global leader in liquid and food-grade packaging board, today unveiled Sentinel™ Barrier Cupstock, a new retail packaging offering in the company's Sentinel™ line of fiber-based products. Sentinel™ Barrier Cupstock is designed as a sustainable alternative to existing foil-lined paper cups and polypropylene cups. Potential end uses for Sentinel Barrier Cupstock include barrier cups to hold cereal, cookies, candy and other snacks....
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Sep 26,2017---Södra Cell is increasing the price of its northern bleached softwood kraft pulp in Europe to $960/tonne, effective 1 October 2017.“This increase reflects the fact that global NBSK demand continues to be very strong,” commented Magnus Björkman, VP Marketing and sales Södra Cell, “consequently, this is also putting further pressure on European supply. The economic situation in Europe is sound and our market remains firm...
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Sep 25, 2017 ---Valmet launches a new scanner, Valmet IQ Converting Scanner, at Labelexpo Europe 2017 in Brussels, Belgium. It complements Valmet's quality management control concept for self-adhesive laminates and other paper and board converting machines....
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KAMLOOPS, BC, Sept. 26, 2017 - Members of Unifor Local 10-B voted 80 per cent in favour of a new four-year contract that helps secure the future of the pulp mill with significant investments over the next two years....
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CHARLOTTE, N.C.---Sep. 25, 2017-- Sealed Air Corporation (NYSE:SEE) today announced price increases ranging from five to eight percent for the majority of its Food Care division's North American products. The increases will be effective October 2, 2017...
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MEMPHIS, Tenn., Sept. 23, 2017-- International Paper (NYSE: IP) today announced plans to invest approximately $300 million to convert its No. 15 paper machine at the Riverdale Mill in Selma, Ala. from uncoated freesheet to high quality whitetop linerboard and containerboard. The conversion is targeted to be completed by mid-year 2019. The investment will add 450,000 tons of annual capacity, with flexibility to shift between containerboard products....
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DENTON, Texas, Sept. 22, 2017 -- Tetra Pak's Packaging Material Converting Factory in Denton is getting ready for new technology to support the growth of its business in the U.S. and Canada. The plant's expanded capabilities are made possible through a sizeable €30-million investment in factory upgrades, including a new state-of-the-art laminator, that will ensure the facility is well positioned to meet the evolving needs of the U.S. and Canadian markets with a wider range of packaging formats...
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MIAMISBURG, Ohio, Sept. 21, 2017 -- Verso Corporation (NYSE: VRS) today announced that its board of directors, as part of its ongoing efforts to maximize stockholder value, has formed a Strategic Alternatives Committee comprised of independent directors Eugene I. Davis, Alan J. Carr and Steven D. Scheiwe, with Mr. Davis serving as chairperson...
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Sep 22,2017--With FilmLube, Voith is offering a new kind of moistening principle for press felts upstream of the Uhle box. An integrated lubrication gap directly in front of the Uhle box ensures optimum application of water over the entire width of the machine. This protects the felt, ensures a more even CD cross profile and reduces water consumption by avoiding spray mist in the vicinity of the machine. As a result, the safety of machine operators is improved...
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London, Sep 21, 2017 – TowerBrook Capital Partners L.P. (“TowerBrook”) announces today that it has acquired Schweighofer Fiber GmbH (the “Company”), an Austrian company which produces high-quality viscose pulp and bio energy, from family-owned Schweighofer Group. Closing took place on September 12th. Financial terms of the transaction were not disclosed...
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The prices of paper used by U.S. magazine publishers will continue rising next year, according to Publishing Executive magazine.
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Sep 20,2017---Heidenheim. Since the beginning of the year, the Government of India has been producing for the first time large volumes of paper for its rupee banknotes through the Indian Central Bank. For this purpose, Voith supplied two complete production lines to Mysore – Bank Note Paper Mill India (Pvt.) Ltd., in Southern India. The scope of supply included the water mark wire workshop...
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Sep20,2017---Merger expands company’s machine solutions in the folding-carton industryBW Papersystems, a Barry-Wehmiller company and capital equipment supplier for the paper industry, has acquired North American Cerutti Corp.’s Zerand division, from Officine Meccaniche Giovanni Cerutti S.p.A. The transaction closed on September 15, 2017, and is Barry-Wehmiller’s 94th acquisition. Fredericks Michael & Co. acted as exclusive financial advisor to Cerutti....
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Sep 20,2017---International technology group ANDRITZ has received the order from Marubeni, Tokyo, Japan, to supply an EcoFluid fluidized bed boiler with flue gas cleaning system for a waste-to-energy power plant at SCG Packaging’s Ban Pong paper mill, located in Ratchaburi, Thailand...
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Sep 20, 2017---Spanish national photography awards choose Lecta’s new GardaPremium Natural coated paper for the publication of the prestigious 2016 LUX book.Lecta reaffirms its support for the world of art, creativity and culture with its premium coated paper as the choice for the LUX Photography Awards Book, a premium edition where emphasizing the importance of every detail is essential...
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