Lee & Man Paper cancelled delivery of PM 17

adminJanuary 19, 2009

January 19, 2009

Lee & Man Paper Co. has cancelled the order placed with Metso to supply the new PM 17 kraftliner board machine to their Hongmei mill in Guangdong province, China. The decision is based on the recent, significant changes in the market situation. The payments already received completely cover all of Metso's costs and expenses for the project....

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Metsa-Botnia may close Kaskinen pulp mill

adminJanuary 19, 2009

January 19, 2009

Metsa-Botnia, which is jointly owned by the Metsaliitto Group and UPM, has announced that it is considering the closure of its pulp mill in Kaskinen in 2009. Another option would be a temporary shutdown of production at the Kaskinen mill during the first quarter of 2009....

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Ahlstrom announces further restructurings & capacity reduction

adminJanuary 19, 2009

January 19, 2009

Ahlstrom Corporation announced that it will take further restructuring measures in order to adjust its operations to the weakening demand. The company is planning plant closures in Italy and temporary and permanent layoffs worldwide....

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AbitibiBowater cutting one million tons of capacity

adminJanuary 19, 2009

January 19, 2009

AbitibiBowater Inc. announced several actions aimed at creating a more flexible and responsive operating platform, addressing ongoing volatility in exchange rates, energy and fiber pricing, as well as structural challenges in the North American newsprint industry. These efforts are a continuation of the Company's comprehensive strategic review....

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World's largest press section ever to be installed at APP, Hainan in China

adminJanuary 19, 2009

January 19, 2009

The world's most productive fine paper machine is currently being installed on the island of Hainan in the southernmost province of China. In a few months the "Hainan PM 2" from Voith Paper will be producing high-quality multicoated fine paper. The press section is approx. 500-tons. The PM 2 will be around 430 m (approx. 1,410 feet) long and has...

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Metso's third service center in China for pulp and paper industry celebrates stone laying

adminJanuary 19, 2009

January 19, 2009

A foundation stone laying ceremony was held at Metso's new Shandong Service Center in Zibo, Shandong province, China, on November 18th.The new greenfield center will provide advanced machinery maintenance and process development services to the pulp and paper making industry in Northern China. Metso's investment in the new center will amount to over EUR 10 million....

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Metso establishes a new office in Vietnam

adminJanuary 19, 2009

January 19, 2009

Metso strengthens its presence in South East Asia by setting up a new company, Metso Vietnam Co., Ltd., in Ho Chi Minh City, Vietnam. The office will serve all business of Metso....

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Xiameter Attracts Price- seeker Customers through Market-based Pricing and Online Convenience

adminJanuary 19, 2009

January 19, 2009

Purchasers of commonly-used silicon-based products have found numerous advantages to ordering online from XIAMETER, Dow Corning's online business model. Convenience and reliability are often raised as key customer criteria....

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CPI Statement: Export Order Exodus Hits Paper Recovery Sector

adminJanuary 19, 2009

January 19, 2009

The Confederation of Paper Industries (CPI) reported in February 2008 that the UK had cracked the 8.6 million ton mark for paper and board recycling in 2007 and was moving quickly towards well over 9.0 million tons for 2008. Although current statistics indicate the UK is still heading for a record year in 2008 the performance has now been stopped...

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Voith Paper: Instrumentation packages successfully positioned on the market

adminJanuary 19, 2009

January 19, 2009

A year ago Voith Paper Automation added valves and sensors to its product range by means of cooperation agreements with leading vendors of field instruments. In the first major projects in China and Latin America customers have been convinced that Voith field instruments – integrated into an automation solution for the entire papermaking process- are the ideal solution. This is...