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Lively demand for paper and high pulp prices make for good results of The Navigator Company

24 November 2021
|
Published in issue 47/2021
|
~ 4 min
Portuguese pulp and paper producer The Navigator Company (TNC) registered a strong business performance in the first three quarters of 2021. Sales rose by 7 per cent to €1.12bn, and the operating result grew by 57 per cent to...
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Pro-Gest Mantua paper mill to start production in October

02 September 2020
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Published in issue 36/2020
|
~ 2 min
Italy's paper and packaging group Pro-Gest plans to fire up its new recycled corrugated case material machine at the mill in Mantua in October. Mantua RCCM mill is geared to produce recycled fibre-based fluting and testliner...
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Nine Dragons confronts difficult market conditions, significantly expands capacity

01 July 2020
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Published in issue 27/2020
|
~ 3 min
China’s biggest paper producer, Hong Kong-based Nine Dragons looks back on a difficult first half (Aug 2019-Jan 2020) of the 2020 financial year – a period marked by the trade dispute with USA, extreme currency volatility and...
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Pro-Gest posts higher Q1 earnings despite lower sales

10 June 2020
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Published in issue 24/2020
|
~ 2 min
Italy’s paper and packaging group Pro-Gest delivered a largely positive performance in the first three months of this year. Net sales were 4 per cent lower than in the same stretch last year at €108m. On the other hand, its...
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Metsä Group's capex projects progress in Q1

Low pulp prices and strike in Finland weigh on Metsä Group’s result in Q1

Metsä Group's capex projects progress in Q1
06 May 2020
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Published in issue 19/2020
|
~ 4 min
The strike in the Finnish forest industry and low pulp prices were the main subjects for the Finnish Metsä Group and its subsidiary Metsä Board during the first quarter of the 2020 financial year. Metsä Group saw a decline in...
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Province OKs capacity increase at Mantua mill, Pro-Gest wants to get mill up and running in H1

06 May 2020
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Published in issue 19/2020
|
~ 4 min
The long wait seems to have come to an end with a positive outcome for the Italian paper and packaging manufacturer Pro-Gest and its subsidiary Cartiere Villa Lagarina. At the latest meeting of provincial authorities in Mantua at...
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Pro-Gest finalises waivers for breach of covenants, start up of Mantua RCCM mill key to group’s financials

18 March 2020
|
Published in issue 12/2020
|
~ 3 min
At the end of February, Italian paper and packaging company Pro-Gest reached an agreement with bondholders and lenders that will allow to change certain terms and conditions of the Pro-Gest 5.25 per cent 2016-2023 bond due in May...
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Billerud Korsnäs: Impact of three-week strike in Finland limited

Sale of Bergvik Skog boosts Billerud Korsnäs’ net profit for the year

Billerud Korsnäs: Impact of three-week strike in Finland limited
12 February 2020
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Published in issue 7/2020
|
~ 3 min
The key events in financial year 2019 for Billerud Korsnäs were the sale of Bergvik Skog Öst and the start-up of the KM 7 at the Gruvön plant in Sweden. While costs for ramping up the new board machine (SEK640m) had an adverse...
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Arctic Paper posts lower sales and profits for third quarter

27 November 2019
|
Published in issue 48/2019
|
~ 1 min
Polish company Arctic paper posts lower profit earnings and sales for the third quarter of 2019. Falling pulp prices contrasted with stabilising paper prices in the reporting period, company president Michal Jarczynski...
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Billerud Korsnäs: start-up of BM 7 affects 3Q results, weaker paper business weighs on earnings

30 October 2019
|
Published in issue 44/2019
|
~ 3 min
Swedish producer Billerud Korsnäs started up its new board machine BM 7 at the Gruvön mill in the second quarter and has been producing white kraftliner on it since the end of June. The machine has the capacity to produce 550,000...
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