November 6, 2014
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In This Issue |
Weekly Spotlight
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Market Roundup
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Pulp & Paper
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Containerboard/Packaging
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New Products
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Published Pricing
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People
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TAPPI News
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Weekly Spotlight
Catalyst has agreed with NewPage Corp. to purchase the Biron paper mill in Wisconsin, USA, and the Rumford pulp and paper mill in Maine, for $74.0 million, financing the acquisition through a combination of advances under its revolving asset-based credit facility.
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Investment during the next five years will increase energy efficiency and enhance IP's Cantonment containerboard mill near Pensacola, Fla.
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Two Sides North America reports that more than 30 leading North American companies have committed to remove "anti-paper" based claims being used to promote electronic billing and other e-services as more environmentally-friendly.
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Industry and academic experts will speak and entertain questions from participants, who are urged to bring their corrosion challenges, pictures, and, where practical, samples to Atlanta, Ga., USA. Symposium is free.
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Market Roundup
Economic activity in the U.S. manufacturing sector expanded in October for the 17th consecutive month, and the overall economy grew for the 65th consecutive month.
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This exclusive table shows pulp industry in action over the past two years.
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SCA Timber, Sweden, reports that global consumption of solid-wood products continues to rise, with a long-range forecast of around 2% – 3% annual growth during the next five years.
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Pulp & Paper
Agreement between Unifor Local 10B, Canada's largest union in the private sector, and Domtar sets the stage for an expanded commitment to apprenticeship training that will help to keep good jobs in Kamloops, B.C., Canada.
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Producer of industrial training products and operational efficiency tools has added 60 new courses to its paper manufacturing course library.
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Acquisition of the screen cylinder product line further extends Kadant’s stock preparation product offerings of screen cylinder products applied to recycled fiber lines, thick stock, broke, and other aggressive applications.
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Company continues to implement its innovation strategy with the expansion of production line 1 for the production of wet tow and wet short cut fibers in addition to the current capability of dry tow and therefore dry short cut fibers.
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A 34.5 kV power distribution system based on gas-insulated switchgear (GIS) technology will be installed at Klabin’s new pulp mill being constructed in Ortigueira (Paraná State), Brazil.
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The rebuild was conducted mainly to reduce PM 2 energy costs and improve paper machine efficiency, as well as increase production with higher quality tissue grades.
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New tissue line will be installed at company's Chongqing mill in Zhutuo Town, Yongchuan City, China, with startup planned for late 2015.
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Andritz will rebuild the fiberline, evaporation plant, recausticizing plant, recovery boiler, and recycled fiber plant at the company’s Varkaus pulp mill in Finland.
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Containerboard/Packaging
Arbor has sold its Fund II portfolio companies Midland Container and Great Lakes Packaging to Green Bay Packaging. Green Bay, The two companies manufacture high-quality, custom point of purchase and point of sale corrugated displays, as well as corrugated packaging for the consumer packaged goods industry.
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SEK 900 million investment of company's Frövi and Rockhammar mills targets increased capacity and improved quality of the output cartonboard and liquid packaging board.
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Weidenhammer, a European provider of composite cans along with composite drums and rigid plastic containers, was acquired for EUR 286 million, or approximately $360 million, in cash.
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Enterprise value of transaction is approximately EUR 90 million, and the expected all-cash consideration is approximately EUR 75 million.
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Company has gone more than 1 million hours without a lost time accident, and more than a quarter million hours without any type of injury.
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New Products
Cartonboard is a new high-white, multi-coated, lightweight product "perfectly suited for the graphic industry."
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Strategic alliance will be beneficial to both companies as well as printers by providing an ability to streamline the roll cleaning process.
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Style 5882 provides low-friction performance for air-operated valves built to handle water, air, and steam.
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Published Pricing
Effective December 1, KaMin, Macon, Ga., USA, will increase prices for kaolin clay products for the global paper industry by 5% to 7%. Brazil-based CADAM will increase its prices for kaolin clay products by 6% to 8%.
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Increase is $2.00 per CWT for all basis weights and all finishes of Opus Web, Galerie Art Web, Somerset Web, and Flo Web.
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People
President and COO of Clampitt Paper Co., Dallas, Texas, since 2001, Crew is stepping down at the end of this month to enjoy retirement with his family.
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Monadnock announced this week that Brendan Lesch has joined the company as VP of sales and marketing.
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Winston Yen has resigned as CFO for personal reasons, effective November 1, and Jing Hao, CFO of the company's operating entity, Hebei Baoding Orient Paper Milling Co., has been named the company's new CFO.
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TAPPI News
Webinar will be presented November 11 by Wade Parks, who has more than 42 years of experience in pulp and paper engineering projects, including 29 years of involvement in maintenance and mechanical engineering leadership in various TAPPI engineering committees.
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Abstract submissions should address the latest advances in characterization, functionalization, modeling, new products, applications, health, and safety issues of renewable and sustainable nanomaterials.
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The 2014 TAPPI Nominating Committee has announced the 2015 TAPPI Board Slate. See who the nominees are for this upcoming year.
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This book focuses on keys to a good maintenance program with a concession to today’s busy mill engineers.
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We are seeking artifacts, photos, books, and equipment that represents a stage in our industry’s history.
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E-book was written by the Quality Control Systems Education Common Interest Group of the TAPPI Process Control Division. TAPPI members save $70 off list price.
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Honoring our Past, Inspiring Our Future: Speak at the largest program for the pulp and paper industry.
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