Glatfelter today announced that it is closing its Ober-Schmitten, Germany, facility due to the ongoing financial underperformance of the electrical and glassine specialty papers manufactured at the site. The actions taken are part of the Company’s turnaround strategy that is aimed at improving the financial performance of the overall business. The Ober-Schmitten facility, part of […]
Tag Archives: news
30
Apr
Apr
Billerud’s net sales for the Q1 2023 grew by 55% to SEK 11,495 million ($1.1 billion), compared to SEK 7,397 million ($721 million) in Q1 2022. Net sales excluding currency effects increased by 51%, mainly due to the acquisition of Verso, which was completed on 31 March 2022. Billerud North America (former Verso) had net […]
07
Apr
Apr
Dongguan Jianhui Paper Co., Ltd. has successfully started up a new mechanical pulping line from Andritz including the world’s first TwinFlo Prime refiner. The newly developed TwinFlo Prime optimizes the pulp flow to each refining zone thanks to improved refining gap adjustment. This reduces wear on the refiner plates and thus results in longer plate […]
07
Apr
Apr
The conversion of the power plant at the Greiz site is part of the Koehler Group’s climate strategy and an investment in the future. Koehler has set itself the goal of producing more energy with its own renewa-ble energy facilities from renewable sources than is required for its paper production operations by 2030. To achieve […]
07
Apr
Apr
Summit Paper Tube, Inc., a paper tube manufacturer, announced plans to establish its first South Carolina operations in Williamsburg County. The company’s $1.68 million investment will create 19 new jobs. Summit Paper Tube’s Williamsburg County operations will be the company’s first South Carolina location. Summit Paper Tube will lease a facility which will be used […]
24
Nov
Nov
Fedrigoni Group, a producer of high-end papers for luxury packaging and other creative applications, premium labels, and self-adhesive materials, has signed an agreement with Papeterie Zuber Rieder, one of the world’s leading producers in these segments, aimed at joining forces and creating the first global player in premium papers for wine & spirits. The execution […]
06
Nov
Nov
Kruger Packaging, with base operations in Montreal, Canada, has opened an over 475,000-square-foot building in Elizabethtown in Kentucky, USA. The $114 million state-of-the-art facility will manufacture environmentally sustainable packaging products, creating nearly 150 new jobs. The plant will produce more than two billion square-feet of 100% recycled corrugated boxes annually — the equivalent of over 40,000 […]
16
Aug
Aug
In July 2022, Brazil’s plywood exports to the U.S. fell by 62% year-on-year to 66 thousand m3. Plywood deliveries from Brazil to Mexico decreased by 14% to 15 thousand m3, deliveries to Italy fell by 38% to 11 thousand m3. In July, the total volume of plywood exports from Brazil fell by 40% year-on-year to […]
06
Jul
Jul
Suzano, the world’s largest hardwood pulp producer, has completed the purchase of over 2,000 square kilometers (206,000 hectares), for the total price of US$667 million. The land represents an area similar to the size of Tokyo and brings into Suzano’s direct ownership a number of eucalyptus plantation forests it currently manages under a long-term leasing […]
12
Jun
Jun
In recent months, Feldmuehle has managed the extreme and previously unknown fluctuations on the energy and raw materials markets, stabilised the business and order situation and initiated future investments. In the current challenging circumstances, various projects have been continued as planned since October 2021 and the implementation of investments amounting to approx. 4 million euros has […]