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Article archive

Sappi considers closure of PM 2 at its Stockstadt mill

Sappi is planning to shut down PM 2 for woodfree coated paper at its Stockstadt mill in Germany due to the ongoing structural change in international graphic paper markets. The company said that there was a continuing and accelerating... more

Lecta gets €33m in state subsidies for Condat mill

The future of Lecta’s Condat fine paper mill in France appears to be secured. The Spanish company will get financial assistance from the French government to rebuild PM 8 and bring the site back on track. According to a press release from... more

Koehler Paper acquires Beaver Paper & Graphic Media

German Koehler Paper Group is the new owner of Atlanta, Georgia based Beaver Paper & Graphic Media, Inc. Beaver Paper manufactures sublimation media for the global dye sublimation and digital printing industry and operates sales offices in... more

SCA 2019 results benefit from output boost in Östrand

Higher output from the expanded Östrand pulp mill boosted sales of Swedish company SCA in the 2019 business year. The forestry company increased its sales year-on-year by 4 per cent to SEK19.59bn. EBITDA increased to SEK21.36bn, mainly due... more

Low pulp prices burden profits of

Metsä Board and Metsä Group

The decline in pulp prices, which began in 2018, continued in 2019 and noticeably burdened annual profit (€239m) and operating result (€374m) of Metsä group in the 2019 financial year. The group’s sales stood at... more

Iberpapel to upgrade

pulp line in second quarter

Spanish Iberpapel Group will upgrade the pulp production line at its Papelera Guipuzcoana de Zicuñaga mill in Hernani during the second quarter. At the same time, maintenance work is to be carried out, so that production will be idled... more

Low pulp prices and weak paper demand drag

down annual results at The Navigator Company

Full-year earnings in 2019 at Portuguese pulp and paper producer The Navigator Company (TNC) were down by roughly one-quarter compared with the previous year, according to its recently released financial results. The operating result last year... more

API Foils files for insolvency

The British manufacturer of films and laminates API Group is insolvent. Colin Dempster and Hunter Kelly of The Institute of Chartered Accountants of Scotland were appointed as insolvency administrators on 31 January. A total of 155 employees in... more

UPM signs deals to source

wind power, supply naphtha

UPM-Kymmene has signed a long-term agreement to purchase wind power from the German wind park operator WPD in order to lower CO2 emissions of its paper mills.

The electricity will be supplied by the Karhunnevankangas wind park in... more

News in brief: Sappi Europe announces price hike for UWF and CWF paper

Sappi Europe plans to hike prices for coated and uncoated fine paper in sheets and reels. The company plans to increase prices for deliveries to export markets by 5-8 per cent with immediate effect. Sappi says that... more

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