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Voith Paper Fabric & Roll Systems Inc.
TAPPI Over The Wire Paper 360
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Sekisui Specialty Chemicals America, LLC
 
Thursday, May 14, 2020 - Member In This Issue
#BetterTogether
COVID-19 Impact
Weekly Spotlight
Market Roundup
Pulp & Paper
Containerboard/Packaging
New Products
Sustainability
People
TAPPI News
Cristini
#BetterTogether
  • Kimberly-Clark asks that you #ShareASquare. Read More.
  • SUN Automation Group donates masks to Medical System and meals to first responders. Read More

Keep the kindness coming.
We would love to highlight you and your company during this time. Email your stories or Click Here for our connect forum. 

 
Fibre Box Association created a video to show gratitude to the Corrugated Industry for continuing operations to meet exceeding demands throughout the pandemic.
 
 
COVID-19 Impact
Commenting on the impact of Covid-19, Sappi Chief Executive Officer, Steve Binnie said: “The impact of Covid-19 on people, business and society has been severe. Sappi’s approach to the outbreak of Covid-19 is guided by our values and purpose. Our priority remains the safety of our people across all of the territories where they are present. This ensures that our operations continue in a safe and uninterrupted manner."
 
To be well prepared for the impacts of Covid-19 on its businesses, Metso has obtained new funding totaling EUR 290 million. The new funding consists of a EUR 100 million, two-year term loan from Nordea Bank, which is expected to be drawn soon. In addition, Metso signed four bilateral revolving credit facilities totaling EUR 190 million for one and two years with four banks.
 
The Quad City Times reports that a northwest Iowa man is the first person to face a price-gouging lawsuit after the Iowa Attorney General’s Office received complaints he was selling a 12-count package of toilet paper for $86 on eBay. The lawsuit, which carries a penalty of up to $40,000 under the Iowa Consumer Fraud Act, alleges that the person was also was selling a 12-ounce can of Lysol on eBay for $65.99 and a six-count pack of Bounty paper towels for $49.99.
 
Kruger Products has made a $200,000 donation to support front-line health-care workers fighting COVID-19 as part of its #RollingItForward initiative.
 
Weekly Spotlight
In November, 2018, PMP (Paper Machinery Producer) signed a contract for a modernization of a tissue machine that includes a delivery of a new Intelli-YD® steel Yankee dryer to FP Kaczory paper mill located in Poland. It is a great pleasure to announce that PM#2 with new equipment is up & running. The start-up took place in 4th quarter of 2019.
 
The American Forest & Paper Association (AF&PA) announced 66.2 percent of paper consumed in the United States was recovered for recycling in 2019.
 
Valmet will supply an ash crystallizer plant with a capacity of 300 tons of ash per day to LD Celulose S.A. in Brazil. The ash crystallizer delivery is part of Lenzing’s and Duratex’s joint venture LD Celulose’s project to build a new 500,000 ton/year dissolving pulp mill in Minas Gerais state, Brazil. In January Valmet announced an extensive technology and automation delivery for the project.
 
Extended Life for Calender Roll Bearings: The TL-Series.
NSK Americas
Under the extreme heat fluctuations of calendar rolls in paper making machines, the typical bearing will rapidly fail due to repeated hoop stresses. TL-Series Spherical Roller Bearings from NSK were created to dramatically increase service life and maintenance intervals, while dramatically reducing costs.
Learn More
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Market Roundup
Verso Corporation (NYSE: VRS) has reported financial results for the first quarter of 2020.
 
Interfor Corporation recorded net earnings in 1Q 2020 of $6.3 million, or $0.09 per share, compared to net losses of $41.7 million, or $0.62 per share in 4Q 2019 and $15.3 million, or $0.23 per share in 1Q 2019. Adjusted net earnings were $0.7 million in 1Q 2020 compared to Adjusted net losses of $17.4 million in 4Q 2019 and $12.7 million in 1Q 2019. 1Q 2020 sales were $479.6 million, compared to $451.2 million in the 1Q 2019.
 
Merichem Company
Pulp & Paper
Valmet will supply the seventh tissue line delivery including an extensive automation package to Turkish tissue producer Hayat Kimya. The company has decided to invest in a second machine at their mill in Mersin, Turkey, to meet the increasing demand for their high-quality tissue products. The new line will add 70,000 tonnes of tissue to their current production of facial, toilet and towel tissue.
 
Veritiv Corporation (NYSE: VRTV), a leading print and paper solutions provider, announced today that its Canadian division, Veritiv Canada Inc., will be the exclusive Canadian distributor of coated board from China from Asia Pulp & Paper (APP).
 
The Nanaimo Bulletin reports that the dormant pulp mill in Port Alice has officially been put into bankruptcy proceedings over unpaid taxes and other outstanding debts.
 
Honeywell l Process Solutions
Containerboard/Packaging
What They Think reports that digitalization, defined as the use of digital technologies to change a business model and provide new value-producing opportunities, is transforming entire industries with varying speed and scope. The retail, media and banking sectors are examples of industries that have been shaken to their core over a relatively short period of time.
 
Royal Containers Ltd, adds to its expanding footprint with the acquisition of C&B Display Packaging Inc. 

The acquisition follows the 2009 acquisition of Morphy Containers and 2018 acquisition of Rexdale Corrugated Containers and will see the addition of C&Bs team and Mississauga plant to Royal’s Canadian operations. 
 
New Products
American Eagle Paper Mills has expanded its product portfolio with the introduction of the new paper with antimicrobial protection.
 
Sustainability
Stora Enso and Cordenka have signed a joint development agreement to develop precursors for bio-based carbon fiber. The co-development is driven by the need for high performance carbon fiber in transportation, construction and power generation.
 
The leading provider of paper-based packaging, Smurfit Kappa reported a 32.9% reduction in fossil CO2 emission intensity between 2005 and 2019. While this is an impressive achievement, the company’s current target is even more ambitious as it seeks to reduce relative CO2 emissions by 40% by 2030, in comparison to the 2005 baseline.
 
Kuraray America, Inc.
People
CEO Tim Lowe issued a statement announcing a leadership change at Twin Rivers Paper.
 
The Fibre Box Association (FBA) Board of Directors elected Cathy Foley, Vice President Industry Relations and Supply Chain at Pratt Industries, as the Association's 2020 - 2021 chairman during their Board of Directors Meeting held Monday, April 27, 2020 via conference call.
 
Voith Paper Fabric & Roll Systems Inc.
TAPPI News
Understanding how kraft recovery boilers work and how they can be maintained and operated efficiently is vitally important to the productivity, profitability and sustainability of kraft pulp mills.
 
TAPPI Academy is has introduced a free newsletter. Subscribe to stay connected to events, news, perspectives and opportunities.
 
TAPPI Member Deals features some great deals!  Shop from home and save on everything from cars to newspapers.
 
Naylor Association Solutions
 

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