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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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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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Sep 19 2017 ---Stora Enso has completed the divestment announced on 26 July 2017 of its 35% holding in the equity accounted investment Bulleh Shah Packaging (Private) Ltd. in Pakistan to the main owner Packages Ltd....
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Sep 19,2017---Heidenheim. 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 motorcycle division of BMW Group, has been appointed as successor...
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Sep 19, 2017.- The Territorial Delegation of Environment and Spatial Planning in Huelva has communicated to Ence Energía and Celulosa the Integrated Environmental Authorization of the future low emission renewable energy plant with biomass of 40 MW that the company will build in its Huelva operating headquarter...
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KAUKAUNA, Wis., Sept. 18, 2017 -- Expera Specialty Solutions is proud to be exhibiting at PackExpo 2017, highlighting a diverse portfolio of specialty paper products that span a variety of end-use applications. From highly technical applications, to offering multiple sustainable packaging solutions, Expera creates custom specialty paper products for each of their customers...
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NORCROSS, Ga., Sept. 18, 2017 -- WestRock Company (NYSE:WRK) announced plans today to build a new corrugated box plant in the Brazilian state of Sao Paulo to meet growing demand from WestRock’s regional customers in South America....
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Sep 19,2017---During the night between September 5th and 6th, there was a fire in one of the buildings at BillerudKorsnäs’ production unit in Karlsborg. The production was stopped as a consequence of the fire but is now back to full speed after a successful work to make the unit ready for production. BillerudKorsnäs estimates that the impact from the fire on Q3 results will be approximately SEK 35 million...
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Sep 18,2017---On 15 and 16 September Thimm Verpackung celebrates the official opening of its new Holledau plant in Bavaria together with customers, employees, residents, local politicians and the Deputy Minister-President of Bavaria and Bavarian Minister of Economic Affairs, Ilse Aigner...
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Sep. 18, 2017---Nippon Paper Industries Co., Ltd. (President: Fumio Manoshiro; hereinafter "the Company") held the initial firing ceremony for the power generation facility to advance unit trial operations with Nippon Paper Ishinomaki Energy Center Ltd. (President: Yoshiomi Todo; hereinafter "Nippon Paper Ishinomaki Energy Center") and other people concerned....
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Sep 18,2017---Randers/Sarpsborg/Norrköping/Bäckefors, 6. September 2017 – Peterson is a leading packaging manufacturer in Scandinavia. In order to promote the growth after the recent acquisition, Peterson initiated an investment program of approximately 25 million euro. It marks a new start for the company and the ambitions are high as Peterson is stepping up in several areas...
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Sept 14, 2017---Announced jointly by Kruger Products and the Government of Québec in July 2016, the $55-million investment to purchase and install PM8 received a $39.5-million loan from Investissement Québec, which is acting as an agent of the Government of Québec in this project...
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DALLAS, Sept. 14, 2017 / -- Kimberly-Clark Corporation today announced its first major commitment to renewable energy with agreements to annually purchase approximately 1,000,000 megawatt hours (245 megawatts - MW) of electricity from two new wind power projects in Texas and Oklahoma....
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Sept 13, 2017---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...