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PM Vol17 No1 Apr May 2016 120 1
News

Stora Enso Inaugurates Its Consumer Board Mill in Beihai, China

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The mill started up in May and it is expected to reach full production within 18 to 24 months. With an investment of EUR 800 million, this is the largest Nordic direct investment in China, and a significant investment in the history of Stora Enso. June 16, 2016 The Beihai......
Venn diagram
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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News

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......
Voith rebuild board machine
News

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......
Weyerhaeuser
News

Weyerhaeuser to Sell Liquid Packaging Board business to Nippon Paper Industries for USD 285 million

admin
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......
valmet biochemtex
News

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......
PM Vol17 No1 Apr May 2016 125 1
News

Stora Enso to Divest Its Suzhou Paper Mill to the Local Government

admin
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......
Khanna Paper
News

Khanna Paper Mills to Receive Paper Machine Wet-end Rebuild from Valmet

admin
The start-up of the rebuilt paper machine PM 5 is scheduled for the first quarter of 2017 February 23, 2016 Khanna Paper Mills Private Limited located, Amritsar, India inks an agreement to get a paper machine wet end rebuild from Valmet. The main targets of the rebuild are to improve......