Breaking News
Valmet hires a record number of summer trainees: nearly 500 young people to work and train for the summer in Finland

This summer, more than 400 students will work at Valmet as summer trainees, and around 100 young people from elementary and high schools will work at the company through a Finnish "Tutustu työelämään ja tienaa" summer job introduction program.

Valmet will employ summer trainees in 16 locations, with largest number of trainees in Tampere and Jyväskylä. Most of the summer employees will work in engineering functions, customer service, sales, marketing, product development and financial administration. Around 200 summer workers will be employed in production.

"Close interaction with students is important for Valmet, and summer jobs serve this purpose perfectly. Each year, summer employees are an important part of our workplace community, and we appreciate their feedback on Valmet as a workplace. We will also provide them with feedback on their work, to help them develop into the professionals of the future," says Julia Macharey, Senior Vice President, Human Resources at Valmet.

2017-05-18 
Södra’s AGM approved profit distribution of SEK 602 million to members

Södra’s Annual General Meeting (AGM) approved a resolution that profit of SEK 602 million be distributed to members. Lena Ek was re-elected as Chairman of the Board. Kjell Andersson, Pål Börjesson and Ylva Hammargren were elected to the Board.

“Södra stands strong in a changing world, with a solid foundation in the cohesion and optimism that abounds in our association. We have existed since 1938 and we work together to ensure that Södra succeeds, grows and contributes to the development of forest estates and Sweden’s economic prosperity,” said Lena Ek who was re-elected as Chairman of the Board.

2017-05-18 
SCA’s Extraordinary General Meeting

Today’s Extraordinary General Meeting of SCA was held at the Södra Berget Hotel in Sundsvall, Sweden. 

The Extraordinary General Meeting decided that the number of Board members in SCA (the future forest products company) would amount to nine with no deputies.

Charlotte Bengtsson, Lennart Evrell, Ulf Larsson, Martin Lindqvist and Lotta Lyrå were elected as new Board members.

The newly elected members will join the Board of the future forest products company SCA on the first day of trading in the shares of Essity Aktiebolag (publ) on Nasdaq Stockholm. Accordingly, the Board of Directors of SCA will, as of the above date, consist of Pär Boman (Chairman), Charlotte Bengtsson, Lennart Evrell, Annemarie Gardshol, Ulf Larsson, Martin Lindqvist, Lotta Lyrå, Barbara Milian Thoralfsson and Bert Nordberg.

Board members Ewa Björling, Maija-Liisa Friman, Magnus Groth, Johan Malmquist, Lars Rebien Sörensen and Louise Svanberg have declared that they are not available for election to the Board of the future forest products company SCA, following the listing of Essity Aktiebolag (publ) (formerly with the corporate name of SCA Hygiene AB).

However, following the listing, they will remain as members of the Board of the hygiene and health company Essity Aktiebolag (publ). The Board of Directors of Essity Aktiebolag (publ) consist of Pär Boman (Chairman), Ewa Björling, Maija-Liisa Friman, Annemarie Gardshol, Magnus Groth, Johan Malmquist, Barbara Milian Thoralfsson, Bert Nordberg, Lars Rebien Sörensen and Louise Svanberg.

The above resolutions concerning the number of Board members and the election of new Board members are conditional upon the shares in Essity Aktiebolag (publ) being admitted to trading on Nasdaq Stockholm. In the event the condition is not fulfilled, there will be no change to the Board elected at the Annual General Meeting on April 5, 2017.

2017-05-17 
New flexible packaging industry consortium to bring circular economy solutions

CEFLEX is a new project organized by a consortium of European companies representing the entire value chain of flexible packaging. The project mission is to make flexible packaging even more relevant to the circular economy by advancing better system design solutions which result from the collaboration of the companies represented in the consortium. It continues the work of the recently concluded project FIACE, which helped to quantify the added value and identify opportunities to increase recycling of flexible packaging ; and REFLEX, an INNOVATE UK funded technical project focused on recycling flexible packaging in the UK.

The consortium currently has 34 stakeholders, representing all the major value chain players : raw materials suppliers, packaging converters, brand owners and retailers, producer responsibility organizations, collectors, sorters and recyclers, as well as other technology suppliers and end users of the secondary raw materials.

2017-05-17 
Valmet to deliver pulp dewatering equipment and automatic pulper feed system to BillerudKorsnäs's Gruvön pulp and paper mill in Sweden

Valmet will deliver dewatering equipment and an automatic pulper feed system to Gruvön pulp and paper mill in Sweden. The order is part of the investment in a new board machine and rebuild of the existing pulp mill at the Gruvön site. The whole investment is the largest in the history of BillerudKorsnäs and one of the largest in Sweden in recent years.

The order was included in Valmet’s first quarter 2017 orders received and the value of the order will not be disclosed. The start-up of the new equipment is planned to first quarter 2019.

2017-05-17 
Unique cracker for developing green liquid fuels opened

On May 11, Sweden’s first slurry hydrocracker for forestry-based green diesel was opened in Piteå. Here, academics, institutes and the private sector can test the technology for producing green fuels e.g. from lignin oils or other types of bio-oils.

Lignin is a primary component of wood, which is why the lignin cracking method could be an important method for increasing the availability of biodiesel and, thus, reducing the environmental impact of the transport sector.

"The cracker will help the transport sector become fossil free by 2030," Pia Sandvik, CEO for the RISE Research Institutes of Sweden, one of the financiers of the project, said at the opening in Piteå, all the preconditions, in the form of a strong combination of committed industry, research and academia, can be found that are needed to take a process all the way to full scale.

2017-05-17 
UPM and FSC® announce a global strategic partnership

UPM and the Forest Stewardship Council® (FSC) announce a global strategic partnership to develop solutions for advancing the uptake of FSC in the market. UPM and FSC signed the partnership agreement on the 16th of May 2017 during the FSC international members meeting in Karkkila, Finland. The partnership aims at delivering benefits to forest owners through FSC certification and to increase the FSC-certified wood supply.

UPM has actively cooperated with FSC both on international and national level for several years. The company has been involved in developing the FSC certification in order to enhance its applicability to the fragmented private forest ownership in Finland. This work will be strengthened through the newly agreed partnership.

2017-05-17 
Ahlstrom-Munksjö continues to acquire own shares

The Board of Directors of Ahlstrom-Munksjö Oyj has decided to utilize the authorization given by the Annual General Meeting (AGM) held on May 16, 2017 and continues to repurchase own shares.

The authorization, to acquire a maximum of 8,000,000 of the company’s own shares, is valid until the end of the next AGM to be held in 2018. The repurchases will start at the earliest on May 17, 2017.

On May 2, 2017, the Board of Directors decided to utilize the authorization given by the AGM 2016 held on April 6, 2016 to repurchase own shares. The repurchases started on May 3, 2017 and ended on May 15, 2017. During this period, Ahlstrom-Munksjö repurchased 90,000 shares, corresponding to about 0.1 per cent of the total number of shares and votes. On May 16, 2017, Ahlstrom-Munksjö held 156,729 of its own shares.

The amount of shares to be acquired through the two authorizations shall not exceed 300,000 shares, corresponding to about 0.3 per cent of the total number of shares and votes. The repurchased shares will be used primarily for implementing future share-based incentive programs of the company.

The shares shall be acquired through public trading on Nasdaq Helsinki at the market price prevailing at the time of repurchase. Nordea Bank Finland Plc will act as stock broker in the repurchases.

2017-05-16 
The Millet-Regiorail consortium : a new partner for OFP Atlantique

When, on 8 December last year, Eurocargorail announced its new strategic direction, involving its departure from OFP Atlantique on 30 June 2017, the two other shareholders in the rail operator, “Grand Ports Maritimes” of La Rochelle and Nantes Saint-Nazaire, issued an invitation to tender to find a new OFP Atlantique partner, shareholder and traction service provider. Ten or so undertakings presented themselves as candidates and high-quality bids were received. At the end of the negotiations, the Millet-Regiorail consortium’s bid was accepted. It presents an opportunity for OFP Atlantique to strengthen its service provision to the customers of the two ports even further, and to support their development.

2017-05-16 
Solenis to Acquire Nopco Colombiana S.A.

Solenis signed an agreement to acquire the business and assets of Nopco Colombiana S.A., a producer and supplier of specialized chemical solutions for water intensive industries, including pulp and paper, oil and gas, food and beverage and other industrial markets in Central and South America. The transaction is expected to close in the third quarter of 2017, following receipt of customary regulatory approvals.

2017-05-16 
GE Oil & Gas awarded contract by Lucart for installation of new NovaLT12 Gas Turbine in Italy.

• GE Oil & Gas signs agreement for provision of two of its new, top-of-the-line NovaLT12 turbines for cogeneration applications to Italian paper mill Lucart at two of its Italian locations.
• New turbines are designed for up to 37% efficiency at full load and allow for standardisation and modularisation to reduce engineering activities and delivery time as well as reduced emissions.
• This is the first NovaLT12 installation in the paper production industry and leverages the long collaboration between GE and Lucart.
• Product has been specifically developed to respond to power requirements in the 10.5- 13.9 MW range and was launched in January at the GE Oil & Gas Annual Meeting in Florence, Italy.

2017-05-16 
Arctic Paper introduces price increase for its coated paper grades.

Due to increase of pulp and chemicals cost, Arctic Paper SA has taken decision to raise prices for its coated paper grades.
Prices of the coated grades will be raised by 8% from June 15, 2017. The increase will take effect across Arctic Paper’s European sales network.
The local sales teams of Arctic Paper will give customers further details and information.

2017-05-16 
BillerudKorsnäs production of semi-chemical pulp supplying PM6 in Gruvön experience breakdown

BillerudKorsnäs experienced a major breakdown in the digester in the semi-chemical pulp production line in Gruvön. The pulp line supplies the fluting machine PM6 with pulp and consequently no fluting from PM6 can currently be produced. The breakdown of the pulp line does not have an impact on the integrated chemical pulp mill, neither does it impact the production of kraft paper, liner or liquid packaging board at the mill. 

“At this point in time it is not possible to estimate the financial damage and consequences on customer deliveries, but it will have a significant impact on the current quarter financials. We will return with additional information when we know what the impact will be,” says Per Lindberg, CEO of BillerudKorsnäs.

2017-05-16 
  • Production volume in the first quarter rose by 8% compared with first quarter 2016. Rottneros Mill and the Group in its current structure both set a new quarterly production record.
  • Delivery volume in the first quarter rose by 9% compared with first quarter 2016 and by 9% compared with fourth quarter 2016.
  • Investments in the Agenda 500 development programme are progressing according to plan, in terms of both cost and increased capacity.
  • Rottneros Packaging received its first order, thereby starting commercial production of fibre trays.
  • Net turnover for the first quarter rose by 9% to SEK 472 million (432).
  • Profit after net financial items for the first quarter was negatively impacted by some unplanned expenses and amounted to SEK 56 million (69).
  • Cash flow from operating activities for the first quarter rose to SEK 38 million (29).
  • The list price for NBSK pulp over the first quarter was 3% higher in USD and 9% higher in SEK, compared with first quarter 2016. Compared with fourth quarter 2016, the price level in SEK was at the same level.
2017-05-16 
iFoodbag helps Swedes abroad to eat herring, meatballs and Swedish whey cheese

Environment and stronger logistics are in focus when Swedish iFoodbag continues to deliver its unique refrigerator and freezer bag throughout the world. Now the company is approaching a patent license for the product, which now also transports classic Swedish goods all the way down to Switzerland.

A lot has happened since iFoodbag launched its unique refrigerator and freezer bag almost 18 months ago. The company was rewarded quite soon with a sought after EU grant and signed agreements with both national companies such as Volvo and mat.se as well as international companies such as Mondi, the packaging company. The company had a total revenue of 7 million SEK in 2016, but it does not end there as the company is constantly developing and has sold and started pilot tests on several continents by now. The ambition is to improve iFoodbag even more, thus not only giving users a better experience but also contributing to a sustainable environment and less carbon dioxide emissions.

2017-05-16 
Daniela Guedes is the big winner of the 3rd edition and will have her project displayed on the reams of Navigator Students’ 2017 version.

The young Portuguese designer Daniela Guedes, used the concept of imagination to create the winning layout proposal of Dreams - Global Talent Design Contest, an initiative of the world’s leading premium office paper brand, Navigator. Nevena Katalina, from Bosnia, took the second place on the competition and Davide Piersanti, from Italy, the third. -ese inspired projects drew the jury’s attention out of more than 450 others, from 57 countries. -e big winner translates her design project into words : “For an artist, a blank sheet of paper can sometimes be very intimidating when ’the big idea’ just won’t come out. But once we find the right inspiration, may it be a song, a picture, a sight, or a moment, the ideas start flowing like waves from our sea of thoughts”.

2017-05-16 
Nico Delvaux to start as Metso's President and CEO on August 1, 2017

Metso Corporation’s new President and CEO Nico Delvaux will join Metso on July 1, 2017, and will assume his duties as President and CEO on August 1, 2017.

Nico Delvaux will join Metso from Atlas Copco, where he served lately as Senior Executive Vice President and Business Area President for Compressor Technique. He was appointed Metso’s President and CEO on May 3, 2017.

2017-05-15 
Sappi continues to deliver solid results driven by strong global dissolving pulp and speciality packaging performance

Sappi continues to deliver solid results driven by strong global dissolving pulp and speciality packaging performance

Financial summary for the quarter and half-year

 EBITDA excluding special items :
 For the quarter US$208 million (2016 US$195 million)
 For the half-year US$409 million (2016 US$370 million)
 EPS excluding special items :
 For the quarter 17 US cents (2016 16 US cents)
 For the half-year 33 US cents (2016 29 US cents)
 Profit for the period :
 For the quarter US$88 million (2016 US$100 million)
 For the half-year US$178 million (2016 US$175 million)
 Net debt US$1,329 million, down US$323 million year-on-year

2017-05-15 
Valmet and Orora's Botany Mill renewed the services agreement

Valmet and Orora Limited have signed a multi-year agreement to continue the supply of maintenance and technology services for board making line ’B9’ at Orora’s Botany Mill in New South Wales, Australia.

The value of the agreement will not be disclosed. The agreement will be effective as of July 1, 2017.

2017-05-15 
ANDRITZ AG to supply five circulating fluidized bed boilers to Nine Dragons Paper, China

Group ANDRITZ has received an order from Nine Dragons Paper (Holdings) Ltd. to supply a total of five circulating fluidized bed boilers (Powerfluid) for utilization of in-house residual materials. The boilers will be installed at the company‘s locations in Taicang, Quanzhou, Yongxin, Chongqing, and Dongguan. Start-up is scheduled for the second half of 2018.

2017-05-15 
GardaPremium Natural: Lecta’s New Coated Paper

The newest addition to "The Excellent Collection" product line.

With it most recent launch, Lecta extends its range of "The Excellent Collection" coated papers, high-quality products for publishing that are ideal for all printing needs. 

GardaPremium Natural is a 2 side coated woodfree silk paper with a smooth surface and a natural shade. Available in 135, 150, 170 and 200 g/m2, the new grade offers good thickness, extraordinary runnability, high stiffness and good resistance to cracking on fold, in addition to high opacity and excellent print results. 

GardaPremium Natural’s distinguishing feature when compared to other coated silk papers currently on the market is its natural color, obtained without the addition of optical brighteners. This neutral tone is perfect for enhancing color as well as black-and-white images, highlighting every detail.​

2017-05-12 
CARTseal B24: Latty's new fully approved mechanical

GROUPE LATTY’s new CARTseal B24 cartridge mechanical seal is FDA, CE 1935/2004, ACS and ATEX-approved, which makes it unique in the market. Designed for all types of environment, the CARTseal B24 uses advanced technology to ensure performance, ease of use and security. Its design features a surface drive system, a single working length and self-turning setting clamps.

2017-05-12 
Magnetic filter for paper pulp

Our metal separation expert Koen Böggemann recently visited a large paper mill in the Netherlands. The company was looking for a solution for removing steel wires from the paper pulp. These steel wires end up in the pulp as a result of incomplete removal of the binding wires that hold the bales of cellulose together. This is done before the cellulose is processed into pulp.
Koen : “As a result of the automated process in combination with the human control there is a chance of steel wire ending up in the paper pulp. This wire is particularly damaging for the equipment used to process the pulp. The result is production downtime, but this can be prevented through the use of a magnet.”

2017-05-12 
Wetend Technologies acquires AntiScaling technology of Ceresto for In-Line PCC™ process

Wetend Technologies Ltd has acquired AntiScaling technology with product ownership and knowhow from Ceresto Oy for In-Line PCCTM process. The agreement secures the availability of anti-scaling technology for customers of Wetend and unites knowledge and expertise of the companies for long term customer support.

2017-05-12 

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