| Thursday, August 10, 2023 - Member
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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
CenturyPly successfully produced first fibers with its recently installed ANDRITZ pressurized refining system at its medium-density fiberboard (MDF) production plant in Punjab, India.
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Veritiv Corporation (NYSE: VRTV), a leading distributor of packaging, facility solutions and print products, announced that it has entered into a definitive agreement to be acquired by an affiliate of Clayton, Dubilier & Rice, LLC (CD&R).
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Kernic Systems, a leader in innovative scrap and trim recovery solutions for the corrugated, printing, and folding carton industries, is thrilled to announce the successful installation of a brand-new turn-key scrap collection system at CanCorr, a greenfield corrugated sheet feeder plant in Surrey, BC.
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International technology group ANDRITZ has received an order from Andhra Paper Limited in Rajahmundry, India for a recovery boiler upgrade and sustainable technologies to increase capacity and reach environmental goals at the mill.
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Mativ Holdings announced that it has received a binding offer from Evergreen Hill Enterprise, Pte. Ltd., to acquire Mativ's Engineered Papers business ("EP"), part of Mativ's Fiber Based Solutions reporting segment, for $620 million.
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From The Experts
From GoldenWest Packaging Group When it comes to the packaging solutions for your products, there are plenty of materials to choose from. Some businesses use plastic, while others use glass, cardboard, or even aluminum. With an encouragement to use sustainable resources, businesses are choosing to focus on using eco-friendly materials, such as corrugated cardboard.
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Market Roundup
Sappi Limited announced results for its fiscal third quarter 2023.
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WestRock Company (NYSE:WRK) announced results for its fiscal third quarter ended June 30, 2023.
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Clearwater Paper Corporation (NYSE:CLW) reported financial results for the second quarter 2023.
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Pulp & Paper
HKB-Hoa Lu Paper Co., Ltd. has successfully started up an OCC (old corrugated containers) line and a reject treatment system delivered by ANDRITZ at its mill in Nho Quan District, Ninh Binh Province, Vietnam.
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Valmet will deliver a recovery boiler upgrade to Lecta Group's Torraspapel combined pulp and paper mill in Zaragoza, Spain.
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WestRock announced it will permanently cease operating its paper mill in Tacoma, Washington, and will conclude production by September 30, 2023.
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Containerboard/Packaging
The American Forest & Paper Association (AF&PA) released the Q2 2023 Boxboard report.
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Graphic Packaging Holding Company reported results for the second quarter of 2023.
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New Products
Papair has launched production for PapairWrap, a bubble wrap said to be made from 100% paper and without synthetics and adhesives, at its production site in Rethem an der Aller.
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US-based packaging solution provider Graphic Packaging has partnered with Irish beef exporter and food processor ABP Food Group to develop two new lines of chilled meat packaging for UK supermarket Aldi.
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Sustainability
Archroma, a leading global provider of specialty chemicals and sustainable solutions, announces the certification of a color range of dyes for compostable paper. Colorants from our Carta®, Cartasol® F and Cartafix® range have been meticulously selected to meet the growing demand for environmentally friendlier coloration in the paper industry.
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Wisconsin Public Radio reports that while Green Bay is a national leader in paper production, the paper industry has left an environmental stain on the Fox Valley region and Lake Michigan.
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People
TAPPI honors: TAPPI member (since 1982) Dave Helbach. He has been a dedicated and long-time exhibitor for TAPPI’s Corrugated Division.
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Pixelle Specialty Solutions announced that Timothy Hess has decided to step down from his position as President and Chief Executive Officer for health reasons, effective August 7, 2023.
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The National Paper Trade Association (NPTA) is pleased to present the 2023 Stanley O. Styles Industry Excellence Award to Greg Gibson, senior vice president of Sylvamo.
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Kemira announced that its long-serving President and CEO, Jari Rosendal, died on July 31 after a short illness. Mr. Rosendal was 58 years old and served as Kemira's President and CEO since 2014.
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TAPPI News
TAPPI will be performing its fiscal year-end inventory audit starting August 28. As a result, TAPPI Press orders will not be processed from August 28 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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CorrExpo is taking place this month. Are you ready?
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Join us in building TAPPI’s 2024 FlexPack PLACE Conference!
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Nonwovens professionals are invited to be part of these groups.
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The BDC event will be held at the Omni Parker House Hotel in downtown Boston on September 25-27, 2023. This event will be connecting emerging technology with industry partners to accelerate deployment and maximize value from the tree.
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Connect, Ask Questions and Get Answers in TAPPI Connect’s Open Forum, Ask the Experts, and Mentor Match.
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