| Thursday, May 4, 2023 - Member
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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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Legislative
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New Products
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Sustainability
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People
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TAPPI News
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Weekly Spotlight
Norske Skog said that a section of its Saugbrugs paper mill in Halden, Norway, has partially collapsed after rocks from a landslide slid into the building. The company said no one in the mill was injured.
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The MM Group (MM) has approved a comprehensive investment project to increase the long-term competitiveness of its largest board and paper mill, MM Kwidzyn in Poland. Energy and CO2 cost reduction, pulp integration and entry into the market for sack kraft papers are to set the mill up for sustainable future success.
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Holmen said that it is investing SEK 450 million to rebuild a paper machine, PM52, at its Braviken Paper Mill in Sweden.
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From The Experts
Safety is a top priority at Stora Enso, every day. The yearly safety week puts a special focus on safety and enables joint sharing, learning, and celebrations of the good safety practices implemented around the organisation.
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Market Roundup
Suzano, the world's largest hardwood pulp producer, announced its financial statements for the first quarter of 2023 (1Q23).
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Rottneros reported strong first quarter 2023 results on pricing and balanced production. Lennart Eberleh, President and CEO of Rottneros, made the following comments on the Group's first quarter performance.
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Pulp & Paper
Saudi Paper Group (SPG) has started up a Toscotec-supplied AHEAD 2.2 tissue machine and OPTIMA slitter rewinder at its Dammam mill in Saudi Arabia. The new machine (PM2) is already producing high quality tissue.
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Cascades announced an important repositioning of its Tissue Papers platform to enhance the performance of the business. The company will simplify operations by concentrating the majority of its tissue product operating activities at core, geographically well-positioned sites that offer opportunities for future development.
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Rottneros announced that its Board of Directors has decided to invest approximately SEK 180 million to significantly expand the production capacity of CTMP (chemical thermomechanical pulp) at Rottneros Mill in Sweden.
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To further strengthen Holmen's market-leading position in book paper and increase production of Holmen's new packaging product, INNR, the company is investing SEK 450 million in rebuilding a paper machine at Braviken Paper Mill.
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Containerboard/Packaging
During the busiest Q1 earnings week (42% of the S&P 500 market capitalization is reporting this week according to Goldman Sachs), several companies involved in the box market, which is among the best leading/coincident economic indicators depending on how one defines leading, have reported downbeat results and cut guidance.
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The American Forest & Paper Association (AF&PA) released its Q1 2023 Containerboard Quarterly report. According to the report, total Containerboard production in the first quarter of 2023 decreased 10% when compared to Q1 2022.
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The American Forest & Paper Association (AF&PA) released its Q1 2023 Boxboard report. According to the report, total boxboard production in Q1 decreased 5% compared to Q1 2022. The boxboard operating rate was 87.8%, down 6.1 points from Q1 2022.
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Legislative
The California Air Resources Board (CARB) has updated the proposed new regulations aimed at achieving zero emissions from forklifts by 2035. This article is a review of recent changes to California's ban on non-zero-emission forklifts, which we wrote about in 2022.
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New Products
Leading global packaging solutions company, Huhtamaki has redefined the possible by using science to develop groundbreaking mono-material technology. Its innovative and sustainable flexible packaging, in Paper, PE and PP Retort, is transformational and meets the demands of both its customers and their consumers.
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Trayforma BarrPeel by Stora Enso is a new, easy-peeling board material for vacuum skin packs enabling packaging fresh food on recyclable paperboard trays. Trayforma BarrPeel supports brand owners’ sustainability ambitions by reducing plastic to less than 10% of the tray.
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Mondi, a global leader in sustainable packaging and paper, has created Protector Bag ExpandForm, a paperbag solution with an expandable feature to safely rollpack mattresses.
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Sustainability
Trust, but verify. This is the value of third-party assessments including the annual review undertaken by EcoVadis. All three of Sappi’s manufacturing regions – Europe, North America and South Africa – once again achieved the highest possible rating, platinum, in the annual EcoVadis Corporate Social Responsibility (CSR) ratings.
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People
Valmet has appointed Tero Kokko, Ph.D. (Eng.), M.Sc. (Econ) as President, EMEA (Europe, Middle East, Africa) and a member of Valmet's Executive Team, effective June 1. He reports to President and CEO, Pasi Laine.
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SCA has appointed Kristina Enander to the role of Senior Vice President Strategic Development, effective May 1. Enander previously served as President of SCA's Pulp business. She has worked at SCA since 1993.
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TAPPI News
Please view the list of Upcoming May Webinars and Events.
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See why you need to join them this June in Vancouver.
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PPSA’s 79th annual conference kicks off with a round of golf at one of Florida’s premier golf facilities.
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Register by May 9 and Save. Learn Directly from Experts, Discover New Techniques and Methods.
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Register today for the Hands-On Pulp and Paper Basics Workshop, this Monday, June 5 – Friday, June 9 at North Carolina State University (NCSU) in Raleigh, NC.
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Register today for the Designing Plant-Based Functional Materials Towards Carbon-Negative Applications webinar, Thursday, May 25 from 9:00 AM – 10:00 AM (ET).
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A chance for people attending TAPPICon to get together for networking, tech talk, and acknowledging contributors to the Coating and Graphic Arts Division. The Hagemeyer Happy Hour has become a key Sunday event at the conference.
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