Breaking News
Drones over forests approved

The County Administrative Board has approved Södra’s application for a permit to use drones all over Götaland. The aim is to make inventories of storm-affected forests safer and more efficient.

"We are happy about the County Administrative Board’s decision. The use of drones makes field work in forests safer, more time-efficient and comprehensive. It’s a good example of a new solution in the move towards digital forestry," said Johan Malmqvist, Project Manager, Södra Skog.

Following a decision by the County Administrative Board of Kronoberg, Södra is now permitted to use drones over the forest estates of its 50,000 members in Götaland. One of the aims is to make inventories of storm-felled forest more efficient. Previously, personnel had to walk through forests to find and record windfalls. The permit to use drones will also improve the regeneration potential of next-generation forest.

2017-04-03 
Ahlstrom-Munksjö The merger has been registered and the Board of Directors has elected the Chairman and Vice Chairmen

The completion of the merger of Ahlstrom Corporation into Munksjö Oyj was registered with the Finnish Trade Register on 1 April 2017. Following the completion of the merger, the name of the combined company has changed to Ahlstrom-Munksjö Oyj. Trading in the new Ahlstrom-Munksjö shares issued to Ahlstrom’s shareholders as merger consideration will commence today on the Nasdaq Helsinki (trading code : AM1) and Nasdaq Stockholm (trading code : AM1S) stock exchanges.

2017-04-03 
Bekaert Solaronics to install two electrical infrared systems WebMate® for drying of special coatings.

Bekaert Solaronics will supply two electrical infrared drying systems in a face-to-face offset position for special coat drying after sizer to a major specialty paper group.

2017-04-03 
Valmet included in the Ethibel Sustainability Index Excellence Europe

Valmet has been included in the Ethibel Sustainability Index (ESI) Excellence Europe for 2017. The index contains 200 of the European stock listed companies that display the best performance in terms of corporate social responsibility (CSR).

Ethibel is constantly looking out for companies which may be eligible for ethical investments and to be included in its ethical investment register. From the investment register 200 of the best companies are selected to the Ethibel Sustainability Index. Main areas of assessment are human capital, environmental management, market ethics, governance, social impact and human rights. The assessment is based on external information sources such as sustainability reporting and company web sites.

2017-04-03 
Sonoco Launches New Portfolio of Clear Barrier Flexible Packaging

Sonoco, one of the largest diversified global packaging companies, has launched its ClearGuard™ portfolio of flexible packaging, offering the transparency that builds trust with consumers while providing best-in-class barrier properties for product protection.

ClearGuard structures provide a clear alternative to aluminum foil or metalized films – an important differentiator in an age when nearly half of consumers would choose one product over another simply because they can see the product inside its packaging. Crucially, ClearGuard packaging has also been proven to meet or exceed barrier requirements for a variety of growing product categories, including meat snacks, nuts, trail mixes, snack and nutrition bars, cookies and crackers.

2017-03-31 
Finnpulp granted environmental permit – First intelligent bioproduct plant in the world

The Regional State Administrative Agency has granted the environmental permit for Finnpulp’s bioproduct plant, which is to be built in Sorsasalo, Kuopio, and the wastewater treatment facility connected to the plant. The environmental permit defines the terms for the pulp plant’s operation in the production phase, as well as for pipeline installation work and changes made to the shore line during the construction phase.

Production is planned to start in 2020, and the plant’s annual production capacity will be 1.2 million tons of softwood pulp. Additionally, the plant will produce other bioproducts, including 60,000 tons of tall oil and 1.5 TWh of bioelectricity per year. 1 TWh of the electricity will be fed into the national grid.

Finnpulp considers the terms of the permit to be strict. The authorities have further tightened the low levels presented in the company’s permit application, which already met the EU’s best practice requirements for the industry. Finnpulp will carefully contemplate how to achieve the permit terms.

2017-03-31 
Capacity Expansion in Heiligenkreuz starts with Ground-Breaking Ceremony

Expansion of capacities for premium specialty fibers by 25,000 tons
Investments of about EUR 70 mn over the next twelve months
Project highlights strategic importance of Heiligenkreuz for TENCEL® premium fibers

Heiligenkreuz – The Lenzing Group is expanding production capacities for its specialty fiber TENCEL® at its site in Heiligenkreuz, Burgenland. After obtaining all required approvals and permits, the expansion project was initiated today, Tuesday, March 21, 2017. The ground-breaking ceremony was attended by Lenzing CEO Stefan Doboczky, along with Bernd Zauner and Dieter Eichinger, the two managing directors of Lenzing Fibers, Burgenland’s Provincial Governor Hans Niessl and Alexander Petschnig, the Regional Minister for Economic Affairs.

2017-03-31 
ARAUCO celebrates 40 years of business with China

ARAUCO is celebrating 40 years of business with China, the world’s second economy after recently surpassing Japan to lead the Asian region. This is one of the company’s most significant milestones, and one that few companies in Chile can claim.

At present, ARAUCO is the largest supplier of pulp for the Chinese market, with a market share close to 11%, and is an important supplier of sawn timber during an extensive, steady and uninterrupted 40 year business relationship, built on reliability.

2017-03-31 
Energy costs a threat to Australian pulp and paper mills

Rising energy costs and poorly aligned energy policies are threatening the future of Australia’s pulp and paper industry.

Unlike many other major energy using industries, the pulp and paper industry produces significant amounts of its own renewable energy.

However, much of the industry receives little recognition and precious little return for the contribution they make to the production and supply of renewable base load electricity, let alone its supply of renewable industrial heat.

There can be no doubt that Australia has an energy problem. It is a mess, in many ways, including for pulp and paper manufacturers, whose issues include :

2017-03-31 
PCMC announces new tissue embosser -laminator

Paper Converting Machine Company (PCMC ), part of the Barry -Wehmiller family and a worldwide leader in the design and manufacture of tissue converting and packaging equipment , announced
today it will unveil the Omnia, a new tissue embosser -laminator, this summer

2017-03-31 
Kemira increases prices of polymer products in Europe

Kemira, a global chemicals company serving customers in water intensive industries, announces price increase for its polymer product line across all European countries.

The price increase is necessary due to overall significant cost increase and global tight supply of many key raw materials across our entire polymer product line :

· Increases in price of major raw materials for polymer manufacturing

· Several building block chemicals on shortage due to force majeure of chemical plants, low stock situations, and unplanned maintenance / outages

· Increased cost of sea freight due to supply reduction and reduction of available shipping routes

· Fluctuating currencies and exchange rates, as well as changes in trade conditions

The adjustment will be effective immediately or as customer contracts allow. The increase will be an average of 4-8 %.

2017-03-31 
Munksjö and Ahlstrom complete their merger

The Boards of Directors of Munksjö Oyj  and Ahlstrom Corporation  have today resolved to complete the merger of Ahlstrom into Munksjö in accordance with the merger plan. The combination of Munksjö and Ahlstrom creates a global leader in sustainable and innovative fiber-based solutions with a combined annual net sales of approximately EUR 2.2 billion, approximately 6,200 employees and 41 production and converting facilities in 14 countries. The registration of the execution of the merger is expected to take place on 1 April 2017.

2017-03-31 
Speciality Cellulose: Ice Bear capacity expansion

Borregaard will invest NOK 115 million in increased capacity for Ice Bear products in Speciality Cellulose. This investment will be finalised in the second half of 2018, and will bring Borregaard’s Ice Bear capacity to approximately 60,000 tonnes.

The Ice Bear project is Borregaard’s main initiative to drive further specialisation by developing new "niches within the niches" products as well as solidifying existing market positions within speciality cellulose.

The initial Ice Bear investment has proven that Borregaard’s technology will enable the company to deliver world class quality into segments with the strictest quality requirements. The new investment enables a more optimal production process in addition to the increased capacity.

The ramp-up of the Ice Bear production will be based on market demand. The volume potential for Borregaard is, as previously communicated, estimated to be around 20-30,000 tonnes per year by end of 2018.

2017-03-31 
UPM and Tornator sign forestry land sales and wood supply agreements

UPM and Tornator PLC have today signed a letter of intent on forestry land sales and long-term wood supply. Tornator will annually sell a significant volume of wood from their forests to UPM mills in Eastern Finland. Additionally, the companies have agreed on forestry land sales covering 23,000 hectares of UPM-owned forest estates in North Karelia to be sold to Tornator. The forests are located in the municipalities of Ilomantsi, Juuka, Lieksa and Polvijärvi and they are both PEFC(TM) and FSC® certified (FSC C 109750). The parties have agreed not to disclose the value of the agreements.

"Our mills in Eastern Finland use all wood assortments and Tornator owns a significant number of FSC certified (FSC C 123368) forests in their vicinity with a versatile range of tree species", says Sauli Brander, SVP, UPM Wood Sourcing and Forestry. "This agreement strengthens the wood supply to UPM mills and increases the FSC certified wood volume in our mills in Eastern Finland."

"Our strategy is to grow as a forest owner and at the same time to be a responsible and competitive partner to our customers and stakeholders. The agreements with UPM support our goals extremely well. They do not affect on Tornator’s ownership or business model", explains Sixten Sunabacka, CEO, Tornator PLC.

"The UPM forest estates covered in the agreement are located in Tornator’s core area and bring along significant synergy benefits in forestry and improve our service capabilities in wood and lakeshore plot markets. Furthermore, they enhance our capability to supply double-certified wood to our current customers", says Sunabacka.

"This forestry land sales is different than our previous investor agreements as the buyer is an established forest owner in the vicinity of our mills and thus able to flexibly supply wood to UPM", continues Brander.

As part of the real estate portfolio development UPM has for several years regularly sold forest assets located far from its mills.

2017-03-30 
Papyrus Holding becomes OptiGroup

Papyrus Group today announced a new identity and the way it will communicate with investors and other external stakeholders in the future. Papyrus Holding AB, the parent company in the Papyrus Group, will change its name to OptiGroup AB and the group will be referred to as the OptiGroup.

“The natural extension of our strategy to strengthen our businesses and diversify into new sectors leads us to re-name our Holding company the OptiGroup. It fits well with our ambition to help our customers to optimise their business by providing the products and services that they need,” said Christoph Sander, Chairman and CEO of OptiGroup.

For customers and employees there will be no changes. Papyrus will continue to be the strongest brand in the market for graphical printing customers. Procurator, VeliMark, Supplies Direct, Olsonic and our other businesses within the OptiGroup will lead our development and expansion in the customer segments that they serve

2017-03-30 
UPM to sell its hydro power facilities in Steyrermühl to Energie AG

UPM has signed an agreement on the sale of its hydro power facilities in Steyrermühl, Austria to Energie AG, an energy infrastructure company, located in Upper Austria.

The sale and purchase agreement is still subject to third party approvals. The parties have agreed not to disclose the purchase price.

"With their broad experience and best available technology in hydro power generation the Austrian wide well-known EAG could better develop and optimize the hydro power facilities at the river Traun further, where the company already operates other hydro power assets," says Rainer Häring, Director Energy, Western Europe, UPM Paper ENA.

2017-03-30 
Decisions of UPM-Kymmene Corporation's Annual General Meeting and the Board of Directors

Decisions of UPM-Kymmene Corporation’s Annual General Meeting and the Board of Directors

The Annual General Meeting of UPM-Kymmene Corporation took place in Helsinki, Finland, today, 29 March 2017. The meeting was opened by the Chairman of the Board of Directors, Björn Wahlroos, and chaired by Johan Aalto, Attorney-at-Law. A total of 3,249 shareholders were present or represented at the meeting, representing a total of 266,097,405 shares and votes. The AGM approved all Board proposals and all decisions were taken without voting.

Decisions of the AGM

The AGM approved the Financial Statements of the Company and discharged the members of the Board of Directors and the President and CEO from liability for the financial period 1 January-31 December 2016. As proposed by the Board of Directors, a dividend of EUR 0.95 per share will be paid on 12 April 2017. The dividend record date is 31 March 2017.

Composition and remuneration of the Board of Directors

The number of members of the Board of Directors was confirmed as ten, and all incumbent directors, i.e. Berndt Brunow, Henrik Ehrnrooth, Piia-Noora Kauppi, Wendy E. Lane, Jussi Pesonen, Ari Puheloinen, Veli-Matti Reinikkala, Suzanne Thoma, Kim Wahl and Björn Wahlroos, were re-elected to the Board for a term continuing until the end of the next AGM.

The Board remuneration was decided to be raised and it was resolved that the Chairman of the Board will be paid an annual base fee of EUR 190,000, the Deputy Chairman of the Board EUR 135,000 and other members of the Board EUR 110,000. The AGM further resolved that the following annual committee fees will paid to the members of the Board of Directors’ committees :

 the Nomination and Governance Committee Chairman EUR 20,000 and members EUR 10,000

 the Audit Committee Chairman EUR 35,000 and members EUR 15,000 and

 the Remuneration Committee Chairman EUR 20,000 and members EUR 10,000.

No annual fees will be paid to a member of the Board of Directors belonging to the executive management of the Company. The annual base fee will be paid in the Company shares and cash so that 40% of the fee will be paid in the Company shares to be acquired on the Board members’ behalf, and the rest in cash. The annual committee fees will be paid in cash. The Company will pay any costs and transfer tax related to the acquisition of the Company shares. Shares thus acquired may not be transferred within two years from the purchase date or until the director’s membership in the Board has ended, whichever occurs first. According to the purchase order issued by the Company, the shares will be acquired within two (2) weeks following the release of the Company’s Interim Report for the period 1 January-31 March 2017.

2017-03-29 
Sappi Biotech partners with CellMark to increase global sales reach of Sappi’s Hansa lignin products

Sappi Limited is pleased to announce that its Biotech division has entered into an agreement with CellMark appointing CellMark as the non-exclusive sales agent for Sappi Biotech’s Hansa lignin products, produced in liquid and powder formats in South Africa at Sappi Tugela Mill.

Sappi is the world’s largest producer of Lignosulphonates from operations in South Africa and Europe. The material is both used internally for bio-energy generation or beneficiated and processed to technical lignins for sale to global lignin markets. CellMark operates a global sales, marketing, financing and logistics business aimed at consistently surpassing customer expectations.

2017-03-29 
Valmet to supply a fine paper line for Ittihad International Investment in United Arab Emirates

Valmet will supply a fine paper line for Ittihad International Investment L.L.C. in Abu Dhabi, United Arab Emirates. The new greenfield production line (PM 1) with a wide automation package will be producing high-quality printing and writing paper grades for the growing domestic markets and the Middle East and North Africa region. The start-up of the machine is scheduled for the end of year 2018.

The order is included in Valmet’s first quarter of 2017 orders received. The value of the order will not be disclosed. The value of an order of this type is typically around EUR 45-70 million.

The order was placed by China Light Industry International Engineering Co., Ltd, an EPC (engineering, procurement and construction work) company, which will be responsible for the complete turnkey delivery of the mill site.

2017-03-29 
ANDRITZ AG Annual General Meeting approves dividend increase to 1.50 euros per share

At today’s 110th Annual General Meeting of ANDRITZ AG, the shareholders agreed to raise the dividend to 1.50 euros per share for the 2016 business year (2015 : 1.35 euros per share). The ex-dividend date is March 30, 2017, and the date of dividend payment is April 3, 2017.

Christian Nowotny, Chairman of the Supervisory Board of ANDRITZ AG, was re-elected to the Supervisory Board for the maximum period stipulated in the Articles of Association (i.e. until the end of the Annual General Meeting that will decide on the discharge for 2021). Christian Nowotny was appointed a member of the Supervisory Board of ANDRITZ AG in December 1999 and has been Chairman of the Supervisory Board since March 2014.

All items on the agenda were approved by the shareholders present at the Meeting.

2017-03-28 
New phase in Klabin's management

After six years of dedicated service, Fabio Schvartsman, the Chief Executive Officer of Klabin, has announced his departure from the company to take on yet another important challenge in his career : Chief Executive Officer of Vale.

During his time at the helm of Klabin, Schvartsman established a new cycle of management and results in the company. Since 2011, the company has doubled its production capacity, entered new business segments, tripled its market value and kept its financial results growing for 22 quarters in a row. On the question of management, Schvartsman always focused on valuing professionals and, especially on the executive board, strengthened the team’s functioning in an integrated manner and driven by results and high performance.

Until the new CEO is decided, the company remains focused on its growth strategy and on achieving its business goals. “Our performance is based on a unique, sustainable and profitable business model that was designed over our 118-year history,” says Paulo Sérgio Coutinho Galvão Filho, Chairman of the Board of Directors of Klabin.​

2017-03-28 
Lucart recycle used beverage cartons into sanitary paper: a successful practice of circular economy in Novo Mesto Slovenia

Komunala Novo mesto d.o.o. was the first municipal services company in Slovenia to take part in a pilot project to close the materials cycle for waste milk, juice and other beverage cartons (used beverage cartons or UBCs). Through a series of specially designed activities, they were encouraging schools and households to collect UBCs separately and to pass as many of them on for recycling as possible. This was part of Novo Mesto’s efforts to gradually establish its own closed materials loop for waste BCs, thereby securing enough raw materials to produce its own supply of sanitary paper over the long term.

Komunala Novo mesto provides municipal services for eight municipalities covering a total population of 65,000. This population disposes enough waste milk and juice UBCs per year in yellow containers or bags to provide just enough resource of cellulose for the production of annual quantity of sanitary paper used by local public institutions – municipal government offices, schools, nursery schools, health centers, libraries and the like. Around 45 hectares of woodland would have to be felled to make this quantity of sanitary paper ; but if all UBCs in the area covered by Komunala Novo mesto were recycled into sanitary paper, this would meet the entirety of local needs and, moreover, save around 1,100 trees and provide total independency from primary resources. In a desire to lead the way in establishing this method of conserving the environment, Komunala Novo mesto has decided to take part in the pilot project.

2017-03-28 
Management Appointments at KaiCell Fibers

Finland’s bio-products mill project in Paltamo will complete a full Feasibility Study by the summer of 2017, and has taken steps to formalise its management structure.
Jukka Kantola, M.Sc., eMBA, is appointed CEO. He has held a number of management and leadership positions in international forest industry companies as well as being a strong influencer of new solutions within the bioeconomy since 2012.
Martin Doktar, M.Sc., becomes Director of Strategy, with special emphasis on investor relations. He brings an exceptionally wide international experience from sales and marketing, as well as major forest industry acquisitions and corporate restructuring.

2017-03-28 
Feldmuehle to present mineral oil barrier papers at Packaging Innovations 2017 in Berlin

The question about how to protect foodstuffs against mineral oil contamination has been a driving force for packaging designers and distributors, since a Stiftung Warentest study in 2012 found mineral oil residues in 24 chocolate advent calendars, widely publicising the issue.
Feldmuehle offers paper with mineral oil barrier, providing packaged goods with effective protection against mineral oil migration and contamination. These papers are used by brand owners for the packaging of dry and fatty foodstuffs.

2017-03-28 

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