July 2016 - Page 3 of 3 - Papermart

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Month : July 2016

News

FiberLean® MFC Technologies: A Joint Venture Technology From Omya and Imerys

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The venture will combine Omya’s MFC and the FiberLeanTM technology platforms developed by each company into one entity, henceforth to be known as FiberLean® MFC Technologies, which will commence operations as of 1st May, 2016. Omya and Imerys announced the formation of a 50:50 technology Joint Venture to promote the......
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Papertech Joins Forces with IBS Paper Performance Group

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Papertech Inc. is the industry leading machine vision system supplier for various high speed continuous production lines. May 25, 2016 Papertech Inc. (Papertech) and IBS Paper Performance Group (IBS) announced that IBS has acquired all of Papertech in a cash/share transaction effective May 24, 2016. IBS has been growing rapidly......
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Voith to Rebuild Board Machine at Klaipėdos in Lithuania

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The main goals of the modernization are to increase capacity by 30 percent and to improve quality. June 15, 2016 Grigeo Klaipėdos Kartonas AB, a company of the Grigeo Grigiškės group, has commissioned Voith to rebuild the board machine in Klaipeda, western Lithuania. Voith will rebuild the wire section and......
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Weyerhaeuser to Sell Liquid Packaging Board business to Nippon Paper Industries for USD 285 million

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The transaction includes one mill located in Longview, Wash., with an annual capacity of 280,000 tonnes. June 15, 2016 Weyerhaeuser Company announced an agreement to sell its liquid packaging board business to Nippon Paper Industries Co., Ltd. for USD 285 million in cash. Weyerhaeuser expects to use a substantial portion......
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Valmet and Biochemtex Join Hands to Derive biochemicals From Lignin

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The development project will combine and adapt Valmet’s LignoBoost and Biochemtex’s Moghi technologies. May 3, 2016 Valmet and Biochemtex will start to cooperate in the field of conversion of lignin into biochemicals. The development project will combine and adapt LignoBoost and Moghi technologies. LignoBoost is Valmet’s proprietary technology for the......
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Stora Enso to Divest Its Suzhou Paper Mill to the Local Government

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The cash consideration for the divestment of assets is approximately EUR 240 million. June 6, 2016 Stora Enso has signed an agreement to divest the key assets of its Suzhou Mill in China, including the land-use rights and buildings, to the local government of Suzhou National New & Hi-tech Industrial......