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Search Results: 6316 articles


Lecta substitutes existing P1 coating machine for thermal paper with a new line to be installed in its Leitza plant at the beginning of 2018
Walden-Mott Corp. 02-02-2017  17:23:01
 

The new coating machine for thermal paper will be installed in the Leitza plant (Spain), thereby replacing the old P1 coater. This is part of Lecta’s Strategic Plan aimed at diversifying business and reinforcing its specialty papers and reducing the production capacity of coated woodfree paper.

UPM aims higher with renewed long-term financial targets
Walden-Mott Corp. 01-31-2017  10:16:03
 

UPM renews its long-term financial targets. In the new targets, the business area return targets and the comparable ROE target have been increased. Comparable EBIT growth has been introduced as a new group-level target. A new financial policy on leverage based on net debt/EBITDA has been introduced the cash flow-based dividend policy remains unchanged.

ANDRITZ acquires Franssons Recycling Machines
Walden-Mott Corp. 01-31-2017  10:08:57
 

Graz, January 31, 2017 -- International technology Group ANDRITZ has acquired technology and intellectual property assets from Franssons Recycling Machines AB, located in Sundsvall, Sweden.

Strong demand for wood in China in the second half of 2016 resulted in both record high imports of softwood lumber and logs, and increased import prices
Walden-Mott Corp. 01-31-2017  10:23:26
 

Seattle, WA -- China imported record-high volumes of softwood lumber in 2016 and softwood log imports reached their second highest level on record. Despite relatively pessimistic forecasts for wood demand early in 2016, China’s need for imported wood picked up during the summer and fall with import volumes of both logs and lumber being up about 20% in the 4Q/16 as compared to the 4Q/15. Total importation of logs and lumber (in roundwood equivalents) reached almost 76 million m3 in 2016, which was up 17% from 2015, and almost 38% higher than five years ago.

Financial Statements Release 2016: UPM finishes a record-strong year with a good quarter
Walden-Mott Corp. 01-31-2017  10:20:36
 

Jussi Pesonen, President and CEO, comments on Q4 and full year 2016 results: \"Year 2016 was financially a record year. It demonstrates the results of our transformation and sets the stage for the future: Today\'s UPM is earnings growth oriented, capable and financially strong. Now we have the opportunity to seek new horizons and continue to aim higher.

Ahlstrom Financial Statements Release 2016: Record high profitability in 2016 with accelerated sales growth in the last quarter of the year
Walden-Mott Corp. 01-27-2017  15:32:06
 

Ahlstrom Corporation summary of the Financial Statements Release 2016. Record high profitability in 2016 with accelerated sales growth in the last quarter of the year.

UPM comments market speculations concerning an alleged pulp mill investment in Uruguay
Walden-Mott Corp. 01-26-2017  15:42:48
 

UPM states that it is not engaged in negotiations on a pulp mill investment with the Uruguayan government. As earlier announced, the company is considering prospects and prerequisites for long-term development in Uruguay. Currently UPM is engaged in discussions with the Government of Uruguay on infrastructure development.

SCA Year-end Report 2016
Walden-Mott Corp. 01-26-2017  15:40:46
 

SCA CEO’S COMMENTS: Organic sales for the full year 2016 increased by 2% and were affected by a somewhat challenging market situation for hygiene products and capacity reductions. Adjusted operating profit, excluding currency translation effects, acquisitions and divestments, increased by 8%, and the adjusted operating margin increased by 0.6 percentage points to 11.9%. The adjusted return on capital employed increased by 0.5 percentage points to 12.5%.

SCA strengthens its tissue business in the UK
Walden-Mott Corp. 01-26-2017  15:35:26
 

To meet the growing demand for high-quality tissue and strengthen the product offering in the UK, SCA is investing in a through-air drying (TAD) machine at its tissue plant in Skelmersdale. SCA has also decided to close an older tissue machine in Stubbins and signed an agreement to divest its tissue plant in Chesterfield to Sidcot Group Limited. These measures are part of SCA´s Tissue Roadmap and are aligned with the company’s strategy to streamline production and secure capacity for future growth to increase value creation in the Tissue business area. Both initiatives are subject to customary consultation with employee representatives.

Low wood fiber costs in Brazil have continued to attract investments in pulp production capacity leading to substantial increases in market pulp exports in 2016
Walden-Mott Corp. 01-24-2017  15:47:32
 

Seattle, WA -- The export market for pulp produced in Brazil has become increasingly important for the pulp sector with the export share of domestic production having gone up from 55% in 2007 to almost 70% in 2016. Pulp export volumes have expanded in an impressive fashion over the past two decades, with increased year-over-year shipments for 19 of the past 20 years. This trend continued in 2016, with export volumes likely to reach almost 13 million tons, an increase of about 11% from 2015, reports the Wood Resource Quarterly.




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