Welcome to the 11th Top 50 Power List.
For the first time, we feature an institution, rather than an individual, at the top of the list. Yet there is no doubting the influence the Peoples’ Republic of China has had on the industry, dating back a couple of decades but intensifying recently, particularly with its ban on many grades of recovered paper.Read more
The board of BillerudKorsnäs has today made the decision to carry out the largest investment in the history of the company and one of the largest in Sweden in recent years - the investment in a new board machine at the Gruvön site. The decision has been made in view of growing demand for sustainable packaging solutions for food and beverages globally.
SYDNEY , Sept. 10, 2015 (The Australian) -The Pratt family's Visy paper, packaging and recycling group is continuing with its multi-million dollar legal action against the sharemarket-listed engineering company that built its first waste-to-energy plant in Australia.
Visy had been pursuing a case in the Victorian Supreme Court against RCR Energy, a subsidiary of listed company RCR Tomlinson, for breach of contract and misleading and deceptive conduct relating to RCR's construction of the facility at Coolaroo in Melbourne.Read more
BRUSSELS, Feb. 25, 2015 (Press Release) -The Confederation of European Paper Industries (CEPI) strongly welcomes the Energy Union Package published today by the European Commission. CEPI especially welcomes the emphasis put on delivering competitive energy prices, investing in the bioeconomy and establishing synergies between the energy efficiency, resource efficiency and circular economy policies.Read more
PORT ALBERNI, BC, Feb. 24, 2015 (Local News) -Port Alberni's biggest industrial operation has not closed the door on partnering with the city to create a large-scale energy project that would convert wood waste into building heat.
After years of discussions and reconsiderations, the use of a boiler at the Catalyst Paper mill seemed unlikely last week when the District Energy Project was presented to city council.Read more
BRUSSELS, Feb 4, 2015 (Press Release) - Creating a world-leading bioeconomy in the European Union requires bold political moves. On the occasion of its launch at the European Parliament on 4 February, the European Bioeconomy Alliance (EBA) calls for more predictable policies leading to a long-term strategy for a competitive, dynamic and sustainable bioeconomy in Europe.Read more
SAO PAULO, Nov. 6, 2013 (RISI) - Bio-PAPPEL had a 3.4% increase in the third quarter EBITDA to $33.7 million over the $32.6 million posted in the same period of 2012. The company also managed to reduce net debt by 34.5% from $171.1 million to $112.5 million. Coupled with the rise in EBITDA, the results took Bio-PAPPEL's leverage (net debt/EBITDA ratio) from 1.9x to 0.8x in 12 months.
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NEW YORK, Oct. 31, 2013 (PRNewswire) - Genpact Limited, a global leader in transforming and running business processes and operations, and UPM-Kymmene Corporation (UPM), the global frontrunner of the new bio and forest industry, have signed a five-year outsourcing agreement to provide finance and accounting (FA) services to UPM.
As part of this agreement, Genpact will create a global hub for UPM's transactional finance processes in Kolkata, India, which will operate in close cooperation with UPM's captive Financial Shared Service Centers in Finland and China.Read more
Finnish company UPM can be considered one of the leading innovators in the global pulp and paper industry, but in the “biosphere” area of the business it is seemingly streets ahead of its rivals. The company has very recently announced a new business structure that has been designed to simplify and harness its burgeoning business portfolio, as well as to drive a clear change in profitability. Jussi Pesonen, CEO of UPM told PPI “The new business structure will sharpen our operational focus in different business areas.Read more