Category Archives: News

Velvet Care acquired by Partners Group

Partners Group, a leading global private markets firm, acting on behalf of its clients, has agreed to acquire Velvet CARE, Central Europe’s fastest-growing consumer tissue producer, from Abris Capital Partners and plans to build value through initiatives including expansion in Central Europe and beyond. Velvet CARE is one of the largest manufacturers of hygiene tissue […]

Valmet has been included in the DJSI World and Europe indices for the tenth consecutive year

Valmet has been included in the Dow Jones Sustainability Index (DJSI) for the tenth consecutive year. The company was listed in the Dow Jones Sustainability World and Europe indices. The Dow Jones Sustainability Index evaluates companies’ ESG (Environmental, Social, Governance) performance and the capability to improve continuously. Valmet scored high, especially in innovation management as […]

Valmet and Saipem sign MoU to develop solutions to support decarbonization of hard-to-abate industries

Valmet and Saipem have signed a Memorandum of Understanding (MOU) to develop joint solutions to decarbonize the industrial sectors that face significant challenges in reducing their greenhouse gas emissions, also known as hard-to-abate industries. The companies will collaborate to offer effective solutions combining Saipem’s technologies for CO2 management with the heat recovery and flue gas […]

Sentrex chooses Mondi’s Advantage StretchWrap for pallet wrapping

Mondi, a global leader in packaging and paper, has introduced its Advantage StretchWrap, a paper wrapping solution that replaces plastic stretch film and enables a more efficient logistics process, to Sentrex, a European manufacturer of paper bags.   Advantage StretchWrap is a fully recyclable kraft paper that is made from responsibly sourced materials. Mondi developed […]

Valmet invests in roll cover production in the Columbus service center in the United States

Valmet is investing in state-of-the-art process equipment at its roll service center in Columbus, Mississippi, United States to broaden the scope of process covers being manufactured. The value of the new investment will not be disclosed. Main equipment installations and commissioning took place during the third quarter 2023 and the new process is currently fully […]

Valmet to supply automation and quality control systems to Union Paper Mills in Dubai

Valmet will supply Valmet DNA Distributed Control System (DCS) and Valmet IQ Quality Control System (QCS) with the latest web-based Valmet DNA User Interface to Union Paper Mills’ paper machine PM 2 in its Dubai facility, in the United Arab Emirates. Union Paper Mills selected Valmet’s automation systems based on a successful previous project conducted […]

Metsä Group invests in startup FineCell

Metsä Group has made its second Swedish investment in FineCell (FineCellOx AB), developer of the FineCell technology and producer of CellOx dry cellulose powder. The company will use the EUR 1 million seed funding to improve its material application know-how, engage with potential customers, and finalise the material needed for making an investment decision concerning […]

Saica Group invests more than 100 million euros in a new corrugated board plant

Saica Group invests more than 100 million euros in a new corrugated board plant in Barcelona. Work has begun on Saica Group’s new corrugated board factory in Barcelona, which will start operating in the spring of 2025. Located in the municipality of Sant Esteve Sesrovires, the plant will combine the operations currently carried out at […]

Rottneros invests in Blue Ocean Closures

Rottneros AB, one of the world’s leading suppliers of first-class market pulp, is now investing in Blue Ocean Closures and becomes a co-owner of the Swedish start-up, developing proprietary fiber-based packaging materials. Since just two years, Blue Ocean Closures AB has developed technology to produce fiber-based closures for consumer packaging at large scale, aiming to […]

Valmet to supply automation and quality control systems to Union Paper Mills in Dubai

Valmet will supply Valmet DNA Distributed Control System (DCS) and Valmet IQ Quality Control System (QCS) with the latest web-based Valmet DNA User Interface to Union Paper Mills’ paper machine PM 2 in its Dubai facility, in the United Arab Emirates. Union Paper Mills selected Valmet’s automation systems based on a successful previous project conducted […]