Thursday, April 27, 2023 - Member
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In This Issue |
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
Georgia-Pacific is making significant investments, totaling more than $50 million, at its Port Hudson mill in Zachary, Louisiana. The investments will greatly enhance the company's retail consumer towel business.
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PulPac expands its capabilities and partners with machine builder Curt G. Joa, Inc. (JOA) to meet North America's huge and rapidly growing demand for sustainable packaging. JOA, a leading expert in engineering and custom machine manufacturing for the disposable hygiene market for almost a century, will provide the Dry Molded Fiber production platform “PulPac Modula” specialized to the US market.
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This will be the first spunlace line in South America outside of Brazil, and it will include the 130th TT card sold by ANDRITZ. The line will process viscose and polyester fibers to produce over 10,000 tons of nonwoven roll-goods per year for conversion to wipes.
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Resolute Forest Products Inc. held a ceremony to inaugurate its new commercial-scale plant for the production of cellulose filaments at its Kénogami paper mill in Saguenay, Quebec.
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From The Experts
As part of its goal of investing in rural America, the Biden-Harris Administration is announcing that $33.7 million from President Biden’s Bipartisan Infrastructure Law will fund projects to strengthen the wood products economy and promote sustainable forest management.
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Market Roundup
Velvet CARE increased its 2022 revenue by 57% to a record PLN 1.3 billion (€280 million) as the Polish company owned by Abris Capital Partners, the ESG transformation specialist private equity investor, pursues its goal of becoming a regional leader in manufacturing of consumer tissue products.
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Stora Enso provided guidance in connection with its financial statement release 2022, published on 31 January 2023, that its full-year 2023 operational EBIT was expected to be lower than for the full-year 2022 (EUR 1,891 million).
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Pulp & Paper
DS Smith announced an ambitious upgrade program to its kraft paper mill in Viana, Portugal. A multi-year EUR 145 million package of investments will bring some of the most up to date papermaking machinery to the company's Viana paper mill in Portugal, rebuilding the mill's paper machine and reducing CO2 emissions.
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Valmet will deliver a comprehensive paper machine clothing package to the new board making line (PM 3) of Batı Kipas Kagıt Sanayi İsletmeleri in Söke, Turkey. The customer selected Valmet’s paper machine clothing to ensure a successful start-up of their new Valmet board making line later this year. The package corresponds to a clothing consumption of several years.
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FreightWaves wrote last week about a large European pulp and paper company that issued a negative profit warning for the first time in more than four years owing to deteriorating pulp demand in Europe and China and poor paperboard demand. Another week brings another profit warning from a large European pulp and paper company, this time Finland-based Stora Enso.
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Containerboard/Packaging
At the end of 2023, BOBST will deliver its 600th rotary die cutter worldwide, underlining its leading position also in this segment of the packaging market. The anniversary machine - a MASTERLINE DRO with six printing units - will be installed at the new PACKNERS GmbH plant in Emsbüren in north-west Germany.
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Hamburger Containerboard has announced that it will raise prices of brown corrugated case material grades by €80/t as from 1 May.
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New Products
Monadnock Paper Mills, Inc., the oldest continuously operating paper mill in the United States, demonstrates yet again that it’s keeping up with the times by introducing our newest “Un-Plastic®” and sustainable wide format and signage materials.
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Kuraray America, Inc. (Kuraray America), a world leader in performance-based polymers and special materials technology, recently announced a new grade of PLANTIC™, the company’s sustainable, high-performance barrier material.
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In a market scenario where manufacturers and consumers are increasingly focusing on sustainability, packaging also plays a primary role for companies that want to stay competitive in an evolving industry such as that of Tissue.
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Sustainability
UPM announced plans to replace the use of fossil fuels with electric boilers in heat and steam production at its mills in Finland and Germany. A total of eight boilers will be installed, mainly to replace the use of natural gas.
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People
Twin Rivers Paper Company has announced the promotion of Tyler Rajeski to President and Chief Financial Officer. In the new role, Rajeski will oversee all functions of the business, including finance, procurement, operations, customer supply chain, sales and human resources.
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Georgia-Pacific has announced new leadership for its packaging and cellulose and building products businesses.
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TAPPI News
3-minute survey…can we count on your help?
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Last Chance! Register today for TAPPI’s invaluable Paper Machine Operations course, this Tuesday, May 2 – Thursday, May 4 at Miron Construction in Neenah, WI.
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Round up your team and save when you register today for TAPPI’s Tissue courses in May.
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Reserve your seat today to hear what top industry thought leaders have to say.
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Explore Innovations in Enzymes, Biological Control, Injection Systems and More at TAPPI’s Wet End Chemistry Course.
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