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Published in issue 12/2023
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In an investor presentation in mid-March, fine and specialty paper manufacturer Lecta provided a first insight into its 2022 business figures. In this context Lecta underlined the overall challenging macro-environment with...
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Published in issue 12/2023
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Last week Finnish speciality paper manufacturer Ahlstrom announced its intention to sell the French site in Stenay in the north of the country or, if no buyer can be found, close it. The company informed the relevant employee...
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Published in issue 12/2023
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Amidst challenging macroeconomic and geopolitical conditions, Austria’s Mayr-Melnhof (MM) group posts robust growth in sales and earnings for 2022 on an organic as well as acquisitions basis. The group’s sales increased...
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Published in issue 12/2023
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High energy costs and weak demand force closure of Germany's recycled graphic and packaging paper company Kübler & Niethammer Papierfabrik Kriebstein. German recycled graphic and packaging paper manufacturer Kübler & Niethammer...
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Published in issue 11/2023
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Swiss industrial holding CPH group reported a strong year in all business segments. All three business divisions – Paper, Packaging and Chemistry – raised their 2022 net sales on higher sales prices, the group explained. The...
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Published in issue 11/2023
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The future of Ahlstrom's Stenay specialty paper mill France seems everything but rosy. Against the background of existing overcapacity on the one-side coated paper market in Europe and the mill's existing cost structure, Ahlstrom...
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Published in issue 11/2023
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Pixelle Specialty Solutions has shut down production at its specialty paper and kraftliner mill Androscoggin for good. According to local media reports, the mill ceased making paper on 8 March. Pixelle informs that 230 employees...
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Published in issue 10/2023
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Lecta is taking downtime at its Condat fine and specialty paper mill in France. A spokesperson of the Filpac CGT trade union confirmed to EUWID that production was completely stopped on 3 March and will be down for at least two...
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Published in issue 7/2023
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UPM can now introduce temporary layoffs at its mills in Finland and adjust its production to the current market situation. A company spokesperson confirmed to EUWID that UPM has the option to introduce short-time working or...
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Published in issue 7/2023
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Stephan Scheuer was appointed CFO of Harbour Investment with effect from 1 February. Directly before he was employed with the Japanese bank SMBC. Harbour Investment is a fund whose investment portfolio covers a range of companies...
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