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Over the Wire

TAPPI

Thursday, January 23, 2020 - Member
Cristini
The January/February 2020 issue of Paper 360° is now available online. This issue features the annual Safety First feature, our 2020 Outlook, and other exclusive content.
 
Verso Receives All Necessary Regulatory Approvals to Complete the Pixelle Transaction
Verso Corporation (NYSE: VRS) announced that, in connection with the pending sale of its Androscoggin and Stevens Point mills to Pixelle Specialty Solutions LLC (the "Pixelle Transaction"), it has received requisite approval under Section 203 of the Federal Power Act from the Federal Energy Regulatory Commission.
 
Resolute Invests $38 Million in its Kénogami Mill in Quebec
Resolute Forest Products Inc. recently announced the construction of a commercial plant specializing in the production of cellulose filaments, a new sustainable biomaterial derived from wood fiber, at its Kénogami paper mill in Quebec as well as the optimization of the mill, at a total cost of $38 million.
 
International Paper Named to FORTUNE's List of World's Most Admired Companies
International Paper (NYSE: IP) was once again named by FORTUNE magazine as one of the "Worlds Most Admired Companies."  International Paper has earned this recognition in seventeen of the last eighteen years based on its scores in nine separate categories.
 
High Speed, High Load TL-Series Spherical Roller Bearings
NSK Americas
NSK has been on the ground, in the mill, for decades delivering tough, high-speed, high-heat-resistant bearing solutions to get the results you need: Faster production. Greater uptime and service life. And consistently lower operating costs. Visit NSKAmericas.com
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From The Experts
7 Biggest Mistakes You Must Avoid in Paper Industry 2020
World Paper Mill reports that one must avoid making mistakes, as there are many to commit. Making mistakes indeed builds the foundation of a successful business. However, certain mistakes carry a lot of potentials that may prove as a threat to your business.
 
Merichem Company
Market Roundup
Verso Announces Capital Return Targets
Verso Corporation (NYSE: VRS) announced that promptly following the consummation of the proposed sale of Verso's Androscoggin and Stevens Point mills to Pixelle Specialty Solutions (the "Pixelle Transaction"), the Verso Board intends to return net proceeds from the Pixelle Transaction to stockholders in an aggregate amount of up to $282 million and not less than $225 million.
 
Warehouse Specialist
Pulp & Paper
JK Paper Selects BTG to Supply All Specialty Process Measurements for Pulp Mill and New Board Machine Project at Central Pulp Mills
JK Paper, one of the largest pulp & paper producer in India has selected BTG to supply all the specialty process measurements in the planned relocation of pulp mill and the new board machine project at their Central Pulp mill, Songadh, Gujarat site.
 
CENIBRA Sets Annual Pulp Production Record
Headquartered in Belo Oriente, State of Minas Gerais, Celulose Nipo-Brasileira S.A. (CENIBRA) set a new annual production record in 2019, with an output of 1,222,888 tons of bleached eucalyptus hardwood pulp. This figure is 16,676 tons above the budget. In a statement, the Company’s management congratulated employees on the historic landmark.
 
Honeywell l Process Solutions
Containerboard/Packaging
U.S. Containerboard Production Increased 2 percent in December 2019
The American Forest & Paper Association (AF&PA) released its December 2019 Containerboard Monthly Report. According to the report, total containerboard production in December increased two percent compared to December 2018 and was down four percent when compared to the same 12 months of 2018.
 
Dunapack Packaging Builds New State-Of-The-Art Packaging Plant in Hungary
Dunapack Packaging, part of Austrian Prinzhorn Group, has started preparation works for its new packaging plant in Dunavarsány, 15 KM South of Budapest. The total production capacity will be 240 mio. m2/year.
 
Legislative
AF&PA Applauds U.S. Senate for Ratifying USMCA Trade Agreement
President and CEO Heidi Brock praised the Senate for ratifying the U.S. – Mexico – Canada (USMCA) trade agreement and issued a statement.
 
New Products
Valmet Launches a New Microwave Consistency Measurement for Pulp and Paper Makers
Valmet launches a completely redesigned Valmet Microwave Consistency Measurement – Valmet MCA (patent pending) for pulp and paper makers. Valmet MCA is now provided by digital electronics and the new Direct Sweep Detection measurement to offer higher performance measurement sensitivity and accuracy than competing analog designs.
 
Sustainability
Valmet Receives A Rating in CDP's Climate Program Ranking for Second Consecutive Year
Valmet has been recognized for its actions and strategy to mitigate climate change by receiving the best A rating in CDP's climate program ranking for the second consecutive year. CDP's evaluation is based on the company's 2019 disclosure about its actions in the last reporting year to develop the low-carbon technology and solutions, cut emissions and mitigate climate risks.
 
Fox Thermal
People
Peter Oswald Appointed New CEO of Mayr-Melnhof Karton AG
The supervisory board of Mayr-Melnhof Karton Aktiengesellschaft has MMag. Peter Oswald (57) appointed the company's new CEO and CEO for a five-year term. Peter Oswald will become a member of the Executive Board from April 1, 2020.
 
Pixelle Specialty Solutions Names John P. Jacunski Chief Financial Officer
Pixelle Specialty Solutions (“Pixelle”) has named John P. Jacunski Senior Vice President and Chief Financial Officer (CFO). Mr. Jacunski will report to Timothy R. Hess, President and Chief Executive Officer (CEO) of Pixelle.
 
TAPPI News
Start Preventing Rather Than Reacting to Maintenance Issues
Leverage the Exceptional Training Delivered by TAPPI and IDCON
 
New from TAPPI Press: Kraft Recovery Boilers, 3rd Edition
Providing You Rapid Access to the Pertinent Technical Data on Recovery Boiler Topics
 
2020 TAPPI Board Elections are Underway
Vote now!  Be an active TAPPI member, voting only takes a moment.
 
Save the Date: TAPPI Collaborates with AAR for the 128th Damage Prevention and Freight Claim Conference
TAPPI’s Shipping, Receiving, and Warehousing Committee (SRW) will be working with the Association of American Railroads’ (AAR) to bring you the 128th Damage Prevention and Freight Claim Conference in Niagara Falls, Ontario - June 8th thru the 11th.
 
Enter 2020 CorrPak® Competition – Gain Global Recognition
Showcase your corrugated designs to top leaders in the industry
 
Naylor Association Solutions