Weekly Spotlight
Industrial Opportunity Partners Acquires Midwest Paper

Over the Wire

TAPPI

Thursday, January 16, 2020 - Member
Cristini
Industrial Opportunity Partners (“IOP”), an operations-focused private equity firm based in Evanston, Ill., today announced that it has acquired Midwest Recycled and Coated Containerboard Mill, LLC (“Midwest Paper” or the “Company”). Terms of the transaction were not disclosed.
 
Brookfield Properties to Build the Largest Mass Timber Office Building in North America
Brookfield Properties plans to build the largest mass timber office building in North America as part of its 28-acre Pier 70 waterfront development at a historic shipyard property in San Francisco. The new 310,000 sq. ft. mid-rise mass timber building will be 85-feet-high with six-floors. It will be the first ground up office parcel built at Pier 70, where construction is underway on a $3.5 billion waterfront neighborhood with housing, offices, parks and space for artists and local manufacturing, and rehabilitated historic buildings.
 
Three New A.Celli E-WIND® P-100 Paper Rewinders in Laos
The Chinese group Shan Don Sun Honghe Paper Industry Co., Ltd. has purchased three more A.Celli E-WIND® P-100 Rewinders, this time for the subsidiary Sun Paper Savannakhet Co., Ltd., for a project in Laos located in Xepon, province of Savannakhet.
 
High Speed, High Load TL-Series Spherical Roller Bearings
NSK Americas
NSK has been on the ground, in the mill, for decades delivering tough, high-speed, high-heat-resistant bearing solutions to get the results you need: Faster production. Greater uptime and service life. And consistently lower operating costs. Visit NSKAmericas.com
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Market Roundup
Food Packaging Market Size to Reach USD 606.3 Billion by 2026
The global Food Packaging Market size is set to touch USD 606.3 billion by 2026, exhibiting a CAGR of 5.6% during the forecast period. Rising demand and consumption of natural foodstuffs will be the prime factor driving the growth of this market in the approaching decade.
 
Merichem Company
Pulp & Paper
Valmet Will Supply a New Advantage DCT Tissue Production Line to Alas Doradas in El Salvador
Valmet will supply an Advantage DCT100HS tissue production line, including a de-inking plant and an extensive automation package, to Alas Doradas in El Salvador. The order also includes a Valmet Performance Center agreement to support efficient production with Industrial Internet. The new tissue line will fulfill Alas Doradas’ demand for new capacity of high-quality tissue products in the region. The start-up is planned for the first half of 2021.
 
Northern Pulp to Mothball Mill as it Continues with Environmental Assessment Process
The CBC reports that just weeks before the mill is scheduled to shut down, officials with Northern Pulp have informed the Nova Scotia government they plan to continue with the environmental assessment process for a proposed new effluent treatment facility.
 
CENIBRA Sets Annual Pulp Production Record in 2019
Celulose Nipo-Brasileira S.A. (CENIBRA) set a new annual production record in 2019, with an output of 1.2 million tons of bleached eucalyptus hardwood pulp. This figure is 16,676 tons above the budget.
 
Warehouse Specialist
Containerboard/Packaging
Sonoco Acquires Healthcare Packaging and Medical Device Thermoformer
Sonoco (NYSE: SON), one of the most sustainable, diversified global packaging companies, today announced it has completed the acquisition of Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ), a global manufacturer of thermoformed packaging serving healthcare, medical device and consumer markets, from ESCO Technologies, Inc. (NYSE: ESE) for $187 million in cash.
 
Legislative
OSHA Offers Cold Weather Resources
Anyone working in a cold environment may be at risk of cold stress. Some workers may be required to work outdoors in cold environments and for extended periods, for example, snow cleanup crews, sanitation workers, police/security officers, emergency response and recovery personnel, or manufacturing workers doing outdoor maintenance or managing outdoor resources. 
 
Ban on Truck Transport of P&B Products in Austrian Tyrol Comes Into Force
A law approved by the government of Tyrol, Austria, prohibiting the transport of certain goods, including paper and board (P&B) products and waste, by heavy-duty vehicles on a section of the A 12 Inntal motorway came into force on January 1, 2020. The law, which aims at reducing pollution in the Tyrol region, was approved in 2019. 
 
New Products
ECS Releases Version 16 Software: Smart Flex
In Q3 of 2019 ECS formally released its most comprehensive software update in more than 25 years. Version 16, also called Smart Flex, delivers from the ground up a completely new compression and decompression engine – both in hardware and software.
 
Sustainability
Tokyo 2020 to Use Recyclable Cardboard Frames for Athletes' Beds in Olympic and Paralympic Games
The Organizing Committee of the 2020 Tokyo Olympic and Paralympic Games recently decided that the beds athletes will sleep in at the next Olympic and Paralympic games will include cardboard frames made from high-resistance cardboard and mattresses formed of polyethylene materials that can be recycled.
 
Honeywell l Process Solutions
People
International Forest Products LLC Announces Hiring of Catherine Cawood for Paper and Packaging Sales in Africa
International Forest Products LLC (IFP) is pleased to announce the addition of Catherine Cawood as Sales Director – Africa. Catherine will focus on expanding IFP’s sales into Africa from its existing and substantive portfolio of paper and packaging suppliers.
 
Walki Group Appoints Kari Salminen as Deputy CEO
Kari Salminen has been appointed Deputy CEO of Walki Group in addition to his role as Executive Vice President of the newly formed Business Area Engineered Materials.
 
Stora Enso's Executive Vice President, Human Resources to Leave Company
Malin Bendz, Executive Vice President, Human Resources, will leave her position at Stora Enso as of January 15, 2020. After 20 years in the company, she will now pursue new career opportunities outside Stora Enso.
 
Fox Thermal
TAPPI News
Calibrate Your Mill's Best Practices in Reliability and Maintenance in 2020
Leverage the Exceptional Training Delivered by TAPPI and IDCON
 
Free TAPPI Webinar – Assessing and Improving Paper Machine Clothing
Learn how to increase your bottom line through improved performance of machines by using better-performing felts and fabrics.
 
PEERS Workshop Helps Mills Improve Bottom Line
Lean Six Sigma methodology has been proven to drive quality improvement and reduce waste. Learn how it can help your mill at PEERS 2020.
 
We all like to open packages even when we know what’s inside.
TAPPI’s Introduction to Corrugated Course is useful for anyone new or seasoned in corrugated.
 
2020 TAPPI Board Elections are Underway
Vote now!  Be an active TAPPI member, voting only takes a moment.
 
Naylor Association Solutions