FRANKFURT, Germany, Feb. 4, 2014 (Press Release) - The German printing and paper technology industry looks back on a weak 2013 business year. The sales volume of the total industry decreased by eight per cent compared to 2012. The order intake fell ten per cent. "Our cautiously positive expectations have not come true," said Dr. Markus Heering, Managing Director of the Printing and Paper Technology Association of VDMA, at the annual press conference of his association in Frankfurt on Tuesday.Read more
RIVES, France, Nov. 26, 2013 (Press Release) - After the latest announcement made for our new shoe press pilot called « FAROS »*, ALLIMAND, designer and manufacturer of paper machines and paper industry equipment based in the Rhône-Alpes region, continues its dynamic growth and strengthens its position by offering a new technology : the SC- SIZER in order to target new markets ...
The recent acquisition of Chesapeake, a global supplier of pharmaceutical and consumer packaging products, by The Carlyle Group, a global alternative asset manager was a clear sign of the importance packaging has in enhancing brand values of this product segment. Carlyle has previously invested in packaging businesses and was the owner of French corrugated group Otor before its sale to DS Smith in 2010.Read more
BRUSSELS, July 8, 2013 (RISI) -A Euro 27 million ($35 million) investment by Metsä Board in its Äänekoski, Finland, mill has, according to vice president and mill manager Jouko Wacklin, put the mill in a "good situation. The investment was well done."Read more
Iggesund Paperboard’s recent investment is impressive – a new biomass boiler to dramatically reduce fossil carbon emissions is a strategic move to make the mill a truly self-sufficient facility. With its 400 employees Iggesund Paperboard in Workington stands alone in the British market – it is the UK’s only producer of folding boxboard.Read more
"We're no longer a diamond in the rough," says president Randy Nebel, referring to the way the mill was regarded at the time of the $2.15 billion acquisition, with the focus on the company's valuable timberlands (PPI, April 2010). The big Longview, WA, containerboard/kraft paper mill had been struggling to stay above breakeven and was on the road to potential closure itself.Read more