Thursday, October 06, 2017 - Member
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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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Sustainability
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People
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TAPPI News
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Weekly Spotlight
Company obtains interim access to $85 million new debtor-in-possession financing facility, Operations to continue in the ordinary course during restructuring process.
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"We’re excited to begin construction on this new plant. The plant will create over 200 permanent, skilled jobs and allow us to continue to meet our customers’ growing demands," said Robert K. Irving, President of Irving Consumer Products.
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Eighteen-foot-long, 84-year-old model (built in 1933) is mechanically sound, but will require several months of cleaning, troubleshooting, and minor repairs, plus connections to utilities and a supply of pulp.
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AF&PA President and CEO Donna Harman and Clearwater Paper Corp. President and CEO and AF&PA Board Chair Linda Massman issued a statement after attending the White House "Cut the Red Tape" event where VP Mike Pence outlined the administration’s regulatory agenda.
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62% of global respondents to an international survey believe the switch to digital is because the sender wants to save money, not because it is "better for the environment".
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Market Roundup
Performance led to growth in the production of pulp and paper, on the order of 3.6% and 0.4%, respectively.
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Country’s paper and paper products business were up 39% y/y in January-August 2017.
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Paper manufacturing in Oregon has declined for decades, but remains an important industry in the U.S. state. Paper provides about 4,200 jobs in Oregon, down from 10,000 in 1976. In 1976, paper manufacturing accounted for more than 5% of Oregon’s manufacturing jobs; by 2016 its share was down to 2.3% of employment.
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Global fluff pulp consumption in 2017 is 5.8 million air-dried metric tons and has a value of $4.6 billion, according to the latest exclusive research from Smithers Pira, U.K.
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There has been an increase in the number of hand paper towel dispenser manufacturers. Both local and international manufacturers are introducing various products, thus giving many options to users.
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August and September were very turbulent months when it came to ordinary recovered paper prices in Italy. The trend in prices for these grades is clearly pointing lower with sources saying that prices are plunging..
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Pulp & Paper
As a result of this decision, BASF has signed a contract with Synthomer Austria, a subsidiary of the British specialty chemicals manufacturer Synthomer plc, for the sale of the BASF production site for styrene butadiene dispersions for paper coating in Pischelsdorf, Austria. The buyer will take over 42 employees at the site.
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"The Paper Industry remains very important to CoorsTek, and we’ve had a very successful working relationship with Coldwater for many years. We are pleased to see the CoorsTek/Wilbanks reputation live on in their capable hands," said CoorsTek VP Dennis Cavanaugh.
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Described as the first modern mill of its kind in North America, the facility will produce commodity and specialty straw pulp for direct sale to paper and packaging manufacturers as an alternative to wood-based pulp material.
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AF&PA issues statement on final rule on National Emission Standards for Hazardous Air Pollutants for Kraft pulp mills, issued under the Environmental Protection Agency’s (EPA) Residual Risk and Technology Review process.
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There have been a few short market-related shutdowns in the past two years, but company officials have generally reported strong order books. The relative strength of the Canadian dollar has also helped the mill, which exports most of its product to the U.S.
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SEC Proposed Rule 30e-3 would eliminate the current default requirement for financial companies to transmit information to their investors in paper form.
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"We see a bright future for the mill," said Sappi North America CEO Mark Gardner. "We'll be growing in North America over the next few years."
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On the fifth day, which was Monday, the court closed at 4:30 p.m. with nothing filed. Many questions linger about what’s going to be in the final documents according to the report. The judge had asked lawyers to have a modified purchase agreement complete in five business days.
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Containerboard/Packaging
Norgraft is a leading folding carton producer in Spain focused on the food and household goods markets.
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Reports indicate that the Spanish operation came to a halt during the middle and second half of September. The sites PM62 will be converted to production of containerboard slated to start in the fourth quarter of this year, as planned. The company is targeting a full ramp-up of the machine for early 2018.
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PPA Student Design Challenge is open to undergraduate packaging, industrial, and graphic design collegiate students in North America.
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Südpack is one of Germany’s leading providers of flexible packaging.
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New Products
Cambridge Technology Launches DC3000 Plus for laser marking applications.
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Greycon Forecasting is based on Microsoft Business Intelligence technology on the back-end and the familiar Microsoft Excel on the front-end. Greycon Forecasting seamlessly integrates into your business and can be utilised as part of a complete solution with other Greycon products or as a stand-alone solution.
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Simutech Multimedia's September 2017 release makes all six of its electrical troubleshooting training software modules available in Spanish.
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Published Pricing
Company will increase prices on all silicone defoamers by 5% to 25%, depending on their silicone concentration.
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Sustainability
The Golden Peacock Awards jury made particular reference to Holmen’s absorption of carbon dioxide in its growing forest and the climate benefit from its products.
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This is said to be timely in a context of a broader discussion to develop spatial data at FSC, but also could represent a breakthrough internationally in the forestry sector in general.
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For the first time since it started publishing a Sustainability report in 2004, the company has adopted Global Reporting Initiative (GRI) guidelines, the most widely-used international framework for measuring and communicating sustainability performance.
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People
Jay Miele is a 30-year veteran of the pulp and paper sector. He will lead the operational expansion of Allnorth Americas from a new office in Alpharetta, Ga.
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Dave Wall brings in-depth knowledge and years of experience serving customers to his new role.
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TAPPI News
Amec Foster Wheeler is seeking a Forest Industry Senior Process Engineer for its Atlanta, Ga. or Greenville, S.C., USA locations.
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Share your latest technical developments and applications of renewable nanomaterials. Submission deadline is December 1.
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Today and tomorrow (October 6) represent the deadline to save on registration for the TAPPI Tissue 101 course!
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TAPPI is now accepting applications for academic year 2018-2019 scholarships. Don’t miss this opportunity let us help fund your education!
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Find out when Robert Tiede keynotes PEERS 2017.
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