| Thursday, August 12, 2021 - members edition
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In This Issue |
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Weekly Spotlight
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From The Experts
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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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Sustainability
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People
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TAPPI News
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Weekly Spotlight
International Paper is proud to announce Sylvamo Corporation as the name of its global papers spinoff, with headquarters planned for Memphis, Tennessee.
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Novolex®, a leader in packaging choice, innovation and sustainability, has acquired Vegware, a rapidly growing international provider of compostable foodservice packaging headquartered in Edinburgh, U.K. Vegware’s teams in both the U.K. and U.S. are expected to join the Novolex family.
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International Paper (NYSE: IP) announced that it completed the previously disclosed sale of its Kwidzyn pulp and paper mill and supporting operations to Mayr-Melnhof Group.
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From The Experts
Building new value chains through the utilization of biobased and biomass components for the development of innovative products will accelerate the transition from traditional production technologies to the concept of biorefineries.
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Market Roundup
Verso Corporation (NYSE: VRS) reported financial results for the second quarter of 2021 and announced that its Board of Directors has declared a quarterly cash dividend for the quarter ending September 30, 2021, in the amount of $0.10 per each outstanding share of Verso's Class A common stock.
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WestRock Company (NYSE:WRK), a leading provider of differentiated, sustainable paper and packaging solutions, announced results for its fiscal third quarter ended June 30, 2021.
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Cascades Inc. (TSX: CAS) reports its unaudited financial results for the three-month period ended June 30, 2021.
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Pulp & Paper
Valmet will supply a new tissue production line to Eczacibasi Consumer Products at the company's Manisa Plant in Turkey. The new Valmet Advantage DCT 200TS line, including stock-preparation, automation and Focus rewinder will support the company's rapid growth in global tissue paper markets. The value of the order will not be disclosed.
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Klabin started construction on its new terminal on the quay of the Port of Paranaguá in Brazil. In this phase, the project is expected to create 180 new jobs. Once the terminal starts commercial operations, it will require around 170 direct and indirect employees.
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Containerboard/Packaging
Saica Pack successfully manufactured more than 1m square meters worth of corrugated cardboard at its Thrapston facility near Northampton.
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Packaging producer Akomex is investing in the expansion of the company, with the intention of exporting more to Eu countries and the US in the future, Euwid reports.
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New Products
Zalando kicked off its transition from plastic shipping bags to paper bags: While the previous bags were made of plastic with 80% recycled content, the new shipping bags are made of FSCⓇ-certified (FSC® N003557) and recyclable paper.
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Mondi, a leading global packaging and paper manufacturer, is rolling out a comprehensive portfolio of corrugated packaging solutions for the online grocery market across Central Europe. Using its wealth of experience in eCommerce packaging, Mondi has created clever new solutions for the diverse needs of grocery retailers who can now deliver a variety of goods, from perishable food to wine bottles in fit-for-purpose packaging.
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Huhtamaki launches Push Tab paper, an industry-first sustainable renewable paper-based blister solution, ideal for the global healthcare industry
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Sustainability
Smurfit Kappa, a global leader in paper-based packaging solutions, was awarded in the AmeriStar Package Awards Competition, an event that recognizes the most innovative packaging designs of the year in the United States
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Koehler Paper is also relying on leading Voith technolo‐ gies in the second rebuild stage of paper machine 5. A new NipcoFlex shoe press in the existing press section ensures more sustainable production. The technologically leading solution from Voith also in‐ creases production capacity.
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Amcor (NYSE: AMCR; ASX: AMC) and Michigan State University’s (MSU) School of Packaging today announced a new partnership, reflecting the parties’ shared commitment towards future talent, greater innovation and responsible packaging.
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People
Appvion Operations, Inc. announced the promotion of Katie Sell to Product Manager of the company's flagship suite of products. She will be responsible for helping to take Appvion's innovative direct thermal solutions to market and growing customer engagement.
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TAPPI News
TAPPI will be performing its fiscal year-end inventory audit starting August 25. As a result, TAPPI Press orders will not be processed from August 24 through August 31. Orders received during this time will be shipped in the order they have been received starting September 1. All normal payment processing will resume on September 1.We apologize in advance for any inconvenience and thank you for your patience. This process allows us to better serve our members.
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Wonder how equipment can suddenly shut down for no apparent reason? Find answers at TAPPICon 2021.
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Specialty Papers Europe Speaker Interview with Sándor Kettinger, the CE Buying Manager Stationery, General Merchandise at Tesco.
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Gain Comprehensive Understanding of Test Methods with Minimal Time Commitment.
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Wouldn’t it be great to improve bleach plant operations with little capital expenditure? Learn how at PEERS 2021.
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Discover what the paper machine is capable of doing and what new products can be achieved.
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It’s not too late to participate in this virtual course that offers online modules, live group discussions and more.
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PCA is looking for applications to fill the position of Sr. Technical Analyst in Illinois. Are you interested? If so, apply today.
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