Displaying items by tag: Vinda

Vinda has signed an agreement with Futura for the supply of multiple high-performance converting lines for tissue roll products.

One of the leading players in China’s fast-expanding tissue market, Vinda is investing in new capacity to meet demand while improving its competitive position through quality products made on cutting-edge equipment.

Vinda’s choice of partner for growth was influenced by its positive experience with Futura technology already installed within the Group.

Futura Head of Sales and VP of International Operations, Piero Ceccon, said: “It has been a very positive experience working with Vinda and we are delighted that our partnership is entering a new phase of intensity. The tissue market in China is evolving strongly and all of us at Futura are highly motivated to be growing together with such an important player in this market.”

The first complete lines ordered are scheduled to start up in 2017.

Christoph Michalski, President SCA Global Hygiene Category, has been appointed CEO of Vinda International Holdings Limited, effective October 1, 2015. This appointment represents a clear commitment from both SCA and Vinda to strengthen their long-term cooperation. SCA is the majority shareholder in Vinda, one of China’s largest hygiene companies. Vinda is listed on the Hong Kong Stock Exchange.

“I am pleased with the appointment of Christoph Michalski as CEO of Vinda. His extensive experience in consumer goods will benefit Vinda and SCA, given SCA’s position as the majority shareholder in Vinda. Christoph has made an excellent contribution to SCA, enhancing the innovation process at the company and thereby increasing the number of product launches, strengthening our brands, such as TENA and Tork, and meeting customer and consumer needs,” says Magnus Groth, President and CEO of SCA.

The recruitment process to identify Christoph Michalski’s successor has been initiated.

Following the transfer to Vinda of SCA’s hygiene business in China in late 2014, SCA and Vinda have a clear and continued interest to explore stronger collaboration opportunities in Asia going forward. Such collaboration would strengthen the integration of resources between SCA and Vinda, and offer mutually competitive advantages.

NB: This information is such that SCA must disclose in accordance with the Securities Markets Act and/or the Financial Instruments Trading Act. Submitted for publication on September 7, 2015, at 01:00 a.m. CET.

For additional information please contact:

Linda Nyberg, VP Media Relations and Online Communications, 46 8 788 51 58
Johan Karlsson, Vice President Investor Relations, 46 8 788 51 30

SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo and Vinda. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2014 amounted to approximately SEK 104bn (EUR 11.4bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. For more information, visit www.sca.com.

In the last two years, the close partnership between the Hong Kong based  giant tissue producer Vinda International Holdings Ltd's and the Italian leader tissue machinery Supplier Toscotec S.p.A., has delivered exceptional results: over 20 new TMs have been started up with a variety of models and drying configurations. This allowed the Vinda Group to double its production capacity reaching over 900,000 tpy tissue production.

Established in 1985, Vinda Group has grown from a small private company into a leading manufacturer and branded provider of quality household paper products in the PRC and Hong Kong. Vinda is today, with major shares from Swedish based group SCA, the third largest hygiene paper manufacturer in the PRC, with excellent performance in customer loyalty and satisfaction. With 9 manufacturing plants strategically located in different parts of the country, it serves the entire PRC, Hong Kong and Macau and exports to Australia, Singapore, Vietnam, Cambodia, Africa.

The first orders placed by the Chinese producer in year 2012 featured Toscotec’s Modulo Plus ES, with 12 ft TT SYD, a compact, modular and cost-effective machine concept with superior energy saving features. The most recent orders were for Toscotec’s advanced, high-performance tissue machines, the Ahead 2.0 ES, with 18 ft SYD.

The key to this continuous success is represented by the great advantages in energy savings granted by Toscotec’s state of the art technology and its “TT DOES” solution, the Drying Optimization for Energy Saving.

TT DOES relies here, like in most of the orders secured to the Italian Supplier in China, exclusively on steam, the cost-effective energy source in the region, and delivers the lowest possible energy consumption.

Through the wide application and fine tuning of this solution over the years, Toscotec has now achieved the lowest consumption figures of the tissue industry, matched with the highest machine performance and runnability.

The increase in drying capacity translates directly into an increase in production output in the mill with an important side effect to reduce carbon footprint emissions.

In China since 2003, in a few years Toscotec has established itself as a leading tissue machine supplier catering to top Chinese producers. This is also the result of the recent investment effort and major steps taken by the Lucca manufacturer in establishing a new organization in China, Toscotec Paper Machine (Shanghai) Co., Ltd.
Started up in 2012, the Shanghai-based affiliate operates as Toscotec’s Sales & Customer Care Center for the entire Asian market.

The Italian company Toscotec has been awarded an order to supply eight new tissue machines to Vinda, a branded seller and leading manufacturer of tissue paper products in China and Hong Kong.

The Toscotec's scope for each of the new lines, includes MODULO Plus ES crescent former tissue machine with single-layer headbox, double press configuration, Steel Yankee Dryer (TT SYD 12FT), steam & condensate system, control and machine drives systems. Mills services are also included in the scope.
Machine speed will be up to 1300 mpm with a net trim width of 2700 mm. All the machines will come on stream between 3rd quarter of 2012 and 1st half of 2013.

Toscotec machines has been studied and designed in order to fulfill the requirements of fast growing markets. The new concept of the Energy Savings lines maximizes the contribution of the Steel Yankee Dryer to the drying process and guarantees the highest evaporation at the lowest energy consumption and carbon footprint.

Since 2009, with the establishment of its associate Toscotec Asia & Pacific, the Italian supplier has considerably increased its presence in the region. As further step of this strategic plan, part of the supply for these Vinda machines will come from Toscotec Asia & Pacific new manufacturing plant based in Zibo - Zhangdian District, Shandong.

The Vinda Group's principal products include toilet roll, pocket tissue paper, facial tissue paper, table napkins and wet wipes etc. Vinda commands strong brand recognition and adopts a successful multi-brand branding strategy by launching its primary brand "Vinda" and a number of secondary brands. It also has two animation-licensed series: "Pleasant Goat and Big Big Wolf" and "Kung Fu Panda".

As at 31th December 2011, Vinda has seven production bases in the PRC with a total annual production capacity of 470,000 tons and is actively developing its personal care products business. (http://www.vindapaper.com/en/home.asp)