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Ahlstrom-Munksjö Acquires Caieiras Specialty Paper Mill in Brazil

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EUR 98 million acquisition significantly strengthens Ahlstrom-Munksjö’s offering in South America and provides further growth opportunities. October 18, 2018 Ahlstrom-Munksjö has completed the acquisition of MD Papéis’ Caieiras specialty paper mill in Brazil for a debt free purchase price of about EUR 98 million. The acquisition significantly strengthens Ahlstrom-Munksjö’s offering......
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ND Paper Plans an Investment of USD 300 Million in US operations

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The company plans to build two Greenfield recycled pulp plants to support global fibre strategy. October 9, 2018 ND Paper plans to build two Greenfield recycled pulp plants to support global fibre strategy. The company will invest USD 300m into its newly acquired US mills in Biron, Wisconsin and Rumford,......
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Nippon Paper to Sell Its Interests in Daishowa-Marubeni International

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Nippon and DNAC have agreed to sell their 50% interest in Daishowa-Marubeni International Ltd. (“DMI”), to Mercer International Inc. October 8, 2018 Nippon Paper Industries Co., Ltd. and Daishowa North America Corporation (“DNAC”), a wholly owned subsidiary of the Company, announced that they have agreed to sell their 50% interest......
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Stora Enso and Gasum to Make Renewable Energy From Wastewater in Sweden

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The plant, built and operated by Gasum, will turn the mill’s wastewater effluent into renewable energy. October 9, 2018 Stora Enso and energy company Gasum have signed a contract to build a biogas plant at Stora Enso’s Nymölla paper mill in Sweden. The plant, built and operated by Gasum, will......
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Start-up of Voith’s Two XcelLine Packaging Paper Machines for Sun Paper Set Record

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Two XcelLine paper machines PM 36 and PM 37 successfully started up in record time at Zoucheng site of Sun Paper. October 15, 2018 In the past months, two XcelLine paper machines PM 36 and PM 37 successfully started up at Zoucheng site of Honghe Paper, subsidiary of China’s leading......
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Mondi to Discontinue Production of Industrial Bags in Zeltweg

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According to Mondi, this possible restructuring affects only industrial bags production and has no impact on the other two business segments at the site. October 18, 2018 Around 100 jobs might be cut at Mondi’s Austrian site in Zeltweg. The company is examining the possibility to close industrial bags production......
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Catalyst Paper to Sell Its Mills to Paper Excellence

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Paper Excellence has close to two million tonnes of pulp production capacity at five Canadian mills and two in France. October 9, 2018 British Columbia-based Catalyst Paper Corp. has reached an agreement to sell its operations to Paper Excellence Canada of Richmond, B.C. Catalyst CEO Ned Dwyer says when the......
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Honeywell To Transform Austrian Sappi Plant Into One Of The World’s Most Modern Paper Mills

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Honeywell will implement a range of upgrades that include server virtualization, process visualization and cybersecurity solutions. October 9, 2018 Honeywell technology will be used to transform one of Europe’s oldest paper mills into one of the world’s most modern under a EUR 30 million project being implemented by Sappi Austria......
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Oceanwood Takes Over Norwegian Press Paper Maker Norske Skog

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The adjusted net purchase price for 100 precent of the shares in Norske Skog AS amounts to approximately EUR 236m. October 8, 2018 Oceanwood Capital Management Limited has completed the acquisition of 100 percent percent of shares in Norske Skog AS. The acquisition of the Norwegian press paper manufacturer is......
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Valmet Supplied Pulp Line Successfully Starts Up at SCA’s Östrand Mill in Sweden

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The expansion project doubled the Östrand mill’s production capacity from 430,000 tonnes to 900,000 tonnes per year of bleached softwood kraft pulp. October 11, 2018 Valmet announced that a new pulp production line it supplied to SCA’s Östrand mill in Timrå, Sweden successfully started up at the end of June.......