| Thursday, May 6, 2021 - members edition
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In This Issue |
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Weekly Spotlight
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From The Experts
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Market Roundup
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Pulp & Paper
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Containerboard/Packaging
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New Products
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Sustainability
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TAPPI News
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Weekly Spotlight
Sulzer has broken ground on a new service center in Denmark that will provide its full range of product sales and maintenance services throughout the region, all from under one roof.
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United Steelworkers (USW) International President Tom Conway issued the following statement today in response to President Joe Biden’s American Families Plan:
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Zanders Paper GmbH announced that its business operations will be discontinued as of 30 April 2021. As the provisional insolvency administrator Dr. Mark Boddenberg announced, no viable concept for the continuation of the company could be found.
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Domtar said that it has been made aware of press speculation regarding discussions between itself and Paper Excellence with respect to a possible business combination or acquisition.
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From The Experts
CBC reports that the new president and chief executive officer of Resolute Forest Products has a strong connection to Thunder Bay and northwestern Ontario.
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Market Roundup
International Paper (NYSE: IP) reported first quarter 2021 financial results.
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The first announcements of price increases for northern bleached softwood kraft (NBSK) pulp for May have been issued.
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Resolute Forest Products recently reported net income for the quarter ended March 31 of $87 million, or $1.06 per diluted share, compared to net loss of $1 million, or $0.01 per share, in the same period in 2020.
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Pulp & Paper
C.A.S. Paper Mill started up an AHEAD 1.5S tissue machine supplied by Toscotec at its Sing Buri mill in Thailand.
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Nordic Paper on April 28 announced its decision to initiate consultations with trade unions regarding a restructuring of production at its pulp and paper mill in Säffle, Sweden.
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Kronospan is preparing for the launch of production of paper from finished cellulose in the Kaluga Region, that will be carried out within the territory of the Kaluga special economic zone in Russia.
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Containerboard/Packaging
Norske Skog announced a final investment decision to convert one machine at its Bruck mill in Austria from newsprint to recycled containerboard production. The conversion at Bruck will introduce 210,000 metric tons of containerboard capacity to meet the growing demand for renewable packaging.
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Graphic Packaging Holding Company [on April 27] reported Net Income for first quarter 2021 of $54 million, or $0.19 per share, based upon 277.2 million weighted average diluted shares. This compares to first quarter 2020 Net Loss of $13 million, or $0.04 per share, based upon 288.9 million weighted average diluted shares.
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Thatchers has introduced PEFC-certified board for its four and ten-can packs of ciders. Using certified cardboard for packaging is one more important step in Thatchers’ commitment to the environment.
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New Products
The BTG Single Point Morphology (SPM-5550) is the newest addition to the BTG portfolio, providing valuable information to better understand fibers.
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The tissue industry is facing unprecedented pressures that especially concern pulp price volatility, fierce competition in global markets, and the need for greater product differentiation. A complicated scenario that requires continuous improvements in production efficiency, while also maintaining the quality of the product.
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Sustainability
Avery Dennison announced its ambition to be net-zero on greenhouse gas emissions by 2050. This commitment comes as the company raises the bar on its sustainability goals with new targets for 2030.
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Il Sole 24 Ore, in collaboration with Statista, ranked the 150 most responsible Italian companies on the basis of 3 criteria: environment, social and governance.
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Stora Enso measures the indirect biodiversity impact of its forest operations in Sweden through green audits. In 2020, the audits showed that in several categories 90% of the work complied with Stora Enso’s standards for biodiversity and sustainability.
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The International Council of Forest and Paper Associations (ICFPA) has released its biennial Sustainability Progress Report which demonstrates progress in seven key areas of sustainability: sustainable forest management, renewable energy, greenhouse gas and suplhur dioxide emissions, water use, health and safety, and recycling. The 2021 report also highlights the forest products sector's global response to the COVID-19 pandemic.
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TAPPI News
Two additional doctoral instructors join Dr. Kocurek to deliver an essential overview of major processes in papermaking.
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Virtual conference includes global panelist providing perspectives on using cellulose based materials in products.
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Constantly battling getting the color on paper just right? Register today for X-Rite Pantone’s “Why Inline Color Measurement is Critical for Paper Manufacturers” webinar held on Thursday, May 20th 11AM - 12PM (EDT).
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There’s a new must-have resource for anyone designing, maintaining, and troubleshooting web, winding, converting, and R2R machines.
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TAPPI honors TAPPI member: Paul Keith Kelly Jr.
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Are you ready to meet your match? No matter where you are in your career, investing a little time in networking always pays off!
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Learn or reinforce the fundamentals in tissue properties and processes.
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Experts deliver TAPPI’s popular kraft recovery course in new curriculum format.
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NCASI Newberry Office and Laboratories in Florida is looking for applications to fill the position of the Principal Scientist, Analytical Research Leader. Are you interested? If so, apply today.
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