Weekly Spotlight
R.R. Donnelley to Be Acquired by Atlas Holdings for $2.1 Billion

Over the Wire

TAPPI

Thursday, November 11, 2021 - members edition
Buckman
R.R. Donnelley & Sons Company ("RRD") announced that it has entered into a definitive merger agreement to be acquired by affiliates of Atlas Holdings LLC ("Atlas"), which operates a global family of manufacturing and distribution businesses, in an all-cash transaction with a total enterprise value of approximately $2.1 billion.
 
Suzano Provides Investment Update on "Cerrado Project" in Brazil
Suzano announced that its Board of Directors have authorized the investments necessary for the execution of the "Cerrado Project", which consists of the construction of a new pulp production plant in the municipality of Ribas do Rio Pardo, in the state of Mato Grosso do Sul, Brazil.
 
Ukraine Faced With Paper Shortage This Year
An acute shortage of paper in Ukraine has led to a sharp jump in the cost of books in Ukraine, prices for which have significantly increased in the last 12 months.
 
Boise Cascade Distribution Expands in Ohio
Recently, Boise Cascade announced the expansion of its Ohio Valley Building Materials Distribution (BMD) network. A new distribution center will be built on a 20-acre site in Marion, OH, which will include a 100,000 sq. ft. warehouse with 13 acres of lumber storage. The location is also rail-served.
 
Solenis Acquired by Platinum Equity in a Transaction Worth $5.25 Billion
Solenis has been acquired by Platinum Equity from Clayton, Dubilier & Rice (CD&R) and BASF in a transaction worth $5.25 billion. In addition, as part of the acquisition, Solenis has merged with Sigura Water, an existing Platinum Equity portfolio company, for a total combined transaction value of approximately $6.5 billion.
 
Extended Uptime in Contaminated Environments: Molded-Oil™ Bearings.
NSK Americas®
Under conditions of liquid or dust contamination, even sealed conventional bearings will fail prematurely. Molded-Oil Bearings with DDU seals from NSK deliver continual, clean, no-leak lubrication for dramatically increased service life and maintenance intervals.
Learn More
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Merichem Company
Market Roundup
WestRock Reports Record Net Sales in Fiscal Fourth Quarter 2021
WestRock Company announced results for its fiscal fourth quarter and year ended September 30, 2021.
 
Verso Corporation Reports Third Quarter 2021 Financial Results
Verso Corporation reported financial results for the third quarter of 2021 and announced that its Board of Directors has declared a quarterly cash dividend for the quarter ending December 31, 2021, in the amount of $0.10 per each outstanding share of Verso's Class A common stock. The quarterly cash dividend is payable on December 29, 2021 to Verso's stockholders of record holding shares of common stock at the close of business December 17, 2021.
 
RDM to Hike Cartonboard Prices from 1 January 2022
Cartonboard producer Reno de Medici has announced a price increase of €120/t or £100/t on all board grades for deliveries from 1 January 2022.
 
UPG Unified Purchasing Group
Pulp & Paper
Valmet and CMPC Have Finalized the Agreement for Major Technology and Automation Delivery for Guaíba Pulp Mill’s Modernization Project in Brazil
Valmet and CMPC have finalized the agreement of which Valmet and CMPC signed a letter of intent in September 2021. According to the agreement, Valmet will deliver key technology and automation for CMPC’s BioCMPC project.
 
Procemex Received New North American System Orders From Six Customers
As the calendar year winds down, Procemex continues to charge ahead in North America; Procemex received new North American system orders from 6 customers in 5 different states and provinces including a multisystem order.
 
Toscotec Partners Again with Cartiere Saci for New Paper Machine Rebuild
Toscotec will complete the dryer section rebuild of PM2 at Cartiere Saci’s paper mill in Verona, Italy. With this new order, Toscotec will carry through the modification of PM2 it started performing in 2015 through different steps supplying a new calender and rebuilding part of the dryer section followed by the rebuild of the entire press section.
 
A.Celli Paper to Supply Key Equipment for Anhui Xiao County Linping Paper Co. Ltd.’s PM7 Paper Machine
Anhui Linping signed a supply contract that will include new headbox, suction rolls and paper rewinder for the testliner production line located in Xiao County, in the Anhui province.
 
Containerboard/Packaging
Rengo Announces Plans to Build New Containerboard Mill in Vietnam
Rengo Co., Ltd. in late-September announced that its joint venture in Vietnam, Vina Kraft Paper Co., Ltd., plans to build a new containerboard mill in Binh Xuyen Industrial Park, Vinh Phuc Province, Vietnam.
 
Voith to Rebuild Schumacher Packaging PM 2 in Myszków, Poland
Schumacher Packaging, a corrugated board producer and full-range supplier of paper-based packaging solutions, has commissioned Voith to rebuild PM 2 at its Myszków site in Poland. After the rebuild, the line will double its production capacity of lightweight containerboard from 500 to 1000 tons per day.
 
BillerudKorsnäs Develops Innovative Solution for Oatly
In partnership with BillerudKorsnäs, Oatly has implemented an innovative secondary packaging solution for products produced in Oatly’s Singapore Factory, enabling a reduction in secondary packaging material by up to 35% and an estimated reduction of CO2 emissions from secondary packaging by up to 50%*, compared to conventional packaging solutions.
 
New Products
Buckman Announces New Suite of Immersive Digital Technology
Buckman has announced a new suite of immersive digital technology that combines artificial, augmented, and mixed reality capabilities. Supported by Buckman's expanding Ackumen™ platform, Ackumen Connected Reality enables Buckman personnel and customers to see, collaborate and solve problems remotely, dramatically reducing response time, errors, costs, and downtime.
 
Valmet Launches Winder Diagnostics to Secure Winder Runnability
As part of the Industrial Internet offering, Valmet has developed winder diagnostics to help board and paper customers optimize the overall performance of their winder. Winder diagnostics is an essential part of a winder reliability agreement.
 
Avery Dennison Introduces Three New Papers Made from 100% Recycled Fibers
Avery Dennison has introduced 3 white, uncoated papers made from 100% recycled fibers. This expands the company’s portfolio of post-consumer recycled materials to offer premium solutions for wine, spirits, food, and beverage.
 
Michelman Inc.
Sustainability
Sonoco Expanding Residential Recycling of Its "EnviroCan" Paper Containers in the U.S.
Sonoco announced it is expanding post-consumer recovery and recycling opportunities for its iconic EnviroCan™ paper containers in the U.S. to be used as raw material at 10 of its paperboard mills to produce new paperboard.
 
Sustana Fiber Installs New High-Capacity Shredder at Breakeyville Mill in Quebec
Sustana Fiber recently installed a new high-capacity shredding machine at its Breakeyville mill in Quebec, Canada, which will improve the recycling process for aseptic and gable top containers, also known as multilayer cartons, such as milk and juice cartons. The new shredder supports Sustana Fiber's commitment to realize a zero-waste future and invest in the circular economy.
 
Life Cycle Assessment of Mondi’s Paper for Pallet Wrapping Shows Lower Climate Impact
Mondi, global leader in packaging and paper, commissioned a life cycle assessment (LCA) comparing its new ground-breaking paper pallet wrapping innovation, Advantage StretchWrap, with conventional plastic stretch film wrapping.
 
Experiencing Issues with your Starch Cooking System?
Hydro-Thermal Corp®
Hydro-Thermal's proven and original Jetcooker™ technology, combined with instantaneous gelatinization of starch, optimized adjustable shear, and precise temperature control, make starch production issues a thing of the past. Our patented starch cooking solutions use steam to deliver instantaneous heating and consistent cook temperature while effectively providing adjustable shear in any installation.
For more information on our advanced direct steam injection technology, click here.
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TAPPI News

 

TAPPI Honors: George H. Bodman, who has been a dedicated TAPPI member since 1984 recently passed away. George was an extension to the TAPPI family. We send our deepest condolences to his family, colleagues and loved ones.

 
Share Your Insights at TAPPI Nano 2022, 13-17 June 2022 in Helsinki, Finland
TAPPI Nano 2022 Call for Presentations is now available! Are you ready to submit your abstracts?
 
Get to the Core of Understanding Wireless in Process Manufacturing!
There is Still Time to rRegister today for the “Understanding Wireless in Process Manufacturing” webinar held Thursday, November 18th 1:00 PM – 2:00 PM (EDT).
 
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Learn Gel Troubleshooting, Extrusion Processing, Online Measurement and Defect Camera Systems ... LIVE and in real time from top industry experts.
 
Nearly a dozen already registered for TAPPI’s Introduction to Pulp and Paper Technology Course in January.
Join the discussion in a training event that draws people just like you who want to build a strong foundation of knowledge in a growing industry!
 
Evaporator Fouling, Scaling and Lime Kiln Ringing... Costly, Concerning and Common Problems in Kraft Recovery.
Tackle these common problems and more with essential training at TAPPI’s Kraft Recovery Operations Course training.
 
TAPPI Industry Career Center: Jansen Combustion & Boiler Technologies, Inc. Seeks Regional Sales Managers (South/ Southeast)
JANSEN is looking for applications to fill the positions of Regional Sales Manager positions for the South/ Southeast United States. Are you interested? If so, apply today.
 
Naylor Association Solutions