Over the WireTAPPINovember 12, 2015 |
Merger will create the world's premier timber, land, and forest products company with more than 13 million acres of the most productive and diverse timberland in the U.S. At closing, the combined company is expected to have an equity value of $23 billion based on current share prices.
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Company will consider a broad range of alternatives, including continuing to hold and operate the business or a sale or spin-off of the business. Cathy Slater will continue to lead this business as SVP of Cellulose Fibers throughout the review process.
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"The U.S. is the most important market in the tissue paper industry, so selecting an ideal facility location was critical to our continued growth in American markets," said Luigi Lazzareschi, CEO, Sofidel Group.
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Company has acquired from Green Bay Converting a tissue converting plant and its corresponding business in Green Bay. Wis., and a new state of the art tissue converting building in Hattiesburg, Miss.
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While confidence decreased globally, U.S. business leaders didn’t share the same sentiment. In third quarter 2015, the U.S. ranked as the fifth most optimistic economy, partially because of increased plans to invest in research and development (R&D) and all-time high export expectations.
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In as little time as it takes to drink a cup of coffee, you can add your data to help make this the most comprehensive salary analysis in the industry.
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During the next 12 months, TAPPI will conduct three special tissue courses: Tissue 101-Properties and Processes, Tissue 201 – Operations and Runnability, and Tissue 202 – Converting Rolled Products,
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Five tissue webinars are accessible to TAPPI members online.
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Participants will have the opportunity to present to a coveted audience at OpEx on Tuesday, May 17, 2016 in the Duke Energy Center in Cincinnati.
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Rapid development of fast food and frozen food industry, particularly in emerging markets of Asia Pacific and Middle East & Africa, is expected to remain a key driving factor for global paper packaging materials market over the forecast period.
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Vendors are providing high-performance, lightweight containerboard to reduce cost, improve performance, and address environmental concerns.
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The market in the Asia-Pacific region is projected to register the highest growth by 2020 owing to significant investments in the packaging industry. Paper and paperboard packaging material is projected to be the fastest growing segment, in terms of material, in the next five years.
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Shutdown of PM 2 at company's Duino mill in Italy at the end of this year will impact 150 jobs.
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With ever increasing global concern over rapid depletion of non-renewable fossil fuel based resources, there is a strong interest worldwide in developing suitable technologies that can derive chemicals and materials from renewable lignin biomass.
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The acquisition of PMS Papiermaschinen-Systemtechnik significantly increases the IBS Group’s competencies in the ruby nozzle and edge trimming .technology areas.
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Main goal of the rebuild is to decrease energy consumption at the newsprint mill. The rebuilt machine will start up during fourth quarter of 2016.
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The year-long campaign brings together a comprehensive marketing plan across six G-P brands, including: Angel Soft, Brawny, Dixie, Sparkle, Quilted Northern, and Vanity Fair.
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"This is an excellent opportunity for Solenis to broaden our offering in the bioethanol market by leveraging Quimatec’s strong channel-to-market along with their advanced technology and leadership position in Brazil’s sugar-to-ethanol industry," said John Panichella, president and CEO, Solenis.
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By expanding the production output of tissue paper, WEPA will optimize the existing procurement and logistics structures in Europe, thus enhancing the competitiveness of the entire group.
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PMP's delivery includes a steel Intelli-YD, Intelli-Cap and steam and condensate equipment. PMP has been chosen again as a strategic partner supporting YFY’s development.
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Bell produces paperboard cartons for use by food producers, mailers, quick-serve restaurants, and consumer products. The company plans to invest $30 million in a 165,000 square-foot facility in the Columbus area.
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New converting line is able to produce film in widths ranging from 80 mm to 680 mm, and depths of 80 mm to 700 mm, with film thickness between 50 and 200 microns. The new pallet racking system has more than doubled the manufacturer’s warehouse capacity.
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The line, with a paperboard extrusion coating capacity of approximately 100,000 metric tpy, will start up at the beginning of 2017.
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The company's two Longview, Wash., USA, plants employ about 990 workers. If the Longview mills are sold there is only a remote possibility they would close. This is part of the company's evaluation of its cellulose fibers business, in which profits have sagged over the last year.
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Maine Speaker of the House Mark W. Eves described the rainy, cold, and windy day when the program was announced to the press and to the public as "a very good day."
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The Saskatchewan provincial government's new recycling project will collect fees from participating businesses that use and produce paper and/or paper packaging. The fees will vary depending on the business size as well as their production of paper and packaging products.
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FITNIR Kappa uniquely measures kraft pulp properties without requiring extensive sample preparation or the use of chemicals.
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ODI measures the number, size, and equivalent black area (EBA) of visible dirt specks far more precisely than the human eye.
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New Compact C145 and C165 are aimed at medium-sized paper and paperboard converters who want to increase their capacity response and internal flexibility as well as at those printers who want to begin sheeting their own sheets to increase the return on their business.
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New Fusion C press will be loaded with the same fast make-ready and waste saving features as PCMC’s Fusion family of products—but with a smaller footprint (44 ft. length x 19 ft. width x 14 ft. height.
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Units provide the flexibility of a scissor lift with the portability of an adjustable work platform to enhance ergonomics.
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Kari Saarinen is currently working at Valmet as SVP, strategy and operational development. In his new CFO position, he continues as the member of Valmet's Executive Team and reports to the President and CEO Pasi Laine.
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Martti Heikkilä, M.Sc. (Tech.), has been appointed the new CEO of Vaahto Group Plc, starting December 1. His previous position was managing director of Uutechnic Oy.
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Up-to-date, in-depth eLearning Courses are available from TAPPI.
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"Paper Machine Wet Press Manual, Fourth Edition" provides an overview of press section equipment and key factors in optimizing press section performance. In addition, checklists are included to evaluate press section performance.
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Each year, the Pulp and Paper Safety Association presents prestigious awards to individuals and facilities at its annual conference.
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Georgia-Pacific currently is seeking to fill the positions of both a process engineer and electrical project engineer at its containerboard mill in Monticello, Miss.
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