Displaying items by tag: paper
These are landmark results in a sector that has developed in different ways during the pandemic: on the one hand costs of raw materials and energy increased; on the other hand, new opportunities arose within the fields of e-commerce and of eco-sustainable products.
Oswaldo Cruz Jr., Chief Executive Officer of the Körber Business Area Tissue, comments: “Our customers are under tremendous pressure. There is certainly a great demand for tissue products, but due to the increase in costs, their margins decreased. It is therefore important to actively support them in terms of speed and technologically advanced solutions and services, but more importantly through an integrated approach to help them to reduce costs ".
Therefore, to respond to developments and stay at the forefront of shaping our customers’ success, the Körber Business Area Tissue is evolving more and more from a machinery supplier to a strategic partner that provides broader solutions. This includes for example combining skills in converting and packaging with those of other Business Areas within the Körber ecosystem, such as the Business Area Supply Chain’s cutting-edge logistics, or the Business Area Digital’s cloud-based technology and advanced AI-driven software.
This approach is complemented by the characteristics that have made Körber the only truly integrated and global supplier in recent years with an exclusive product portfolio on the market and a global presence. Mauro Luna, Chief Sales & Marketing Officer of the Körber Business Area Tissue continues: “Think globally, act locally- is our great strength in addition to our large portfolio that allows us to serve different requirements. In China for example, practical and solid products without a core are preferred, so we offer technologies such as Solid + that enable our customers to manufacture such products. In the United States soft and voluminous products are preferred, so we offer Perini Constellation, which makes uniform and soft rolls at very high speeds.
Our broad range of product is supplemented by an on-the-ground presence throughout the world: in addition to the Tuscan headquarters with the plants in Lucca, Bologna and Porcari, there are production facilities in the United States, Brazil, China, and offices in Japan with a total of over 1.200 people employed. This enables us to operate a considerable sales force and number of technicians worldwide who can respond to customer inquiries quickly and promptly”.
This global setup is also vital for product development. In China for example, alternative fibers to cellulose such as bamboo or wheat have already been used for some time. We adapt and offer the expertise gained from working with these alternative fibers easily for other markets.
Another key element that in 2021 enabled Körber Business Area Tissue to support clients in overcoming their challenges and achieving their Overall Equipment Effectiveness objectives was certainly innovation, which is never an end in itself, but always aims to increase production efficiency or support customers in the development of new business, such as e-commerce.
Luca Frasnetti Chief Technology Officer of the Körber Business Area Tissue concludes: "This year there are three key innovations that we have presented and that will mark our development for the next few years. Warm-up Contactless, a breakthrough innovation that uses induction for embossing; Casmatic Zephyrus that allows our customers to develop and increase business related to e-commerce in a simple, fast and personalized way; and SAMs, real-time production supervisors which identify any possible deviation from what has been established and take appropriate decisions within the previously established limits, regardless of an operator's skill level".
Körber Business Area Tissue
At Körber, our ultimate goal is to empower our customers’ ongoing success. We are the only truly integrated and global provider of advanced solutions for the tissue business. We offer the industry’s most comprehensive portfolio of tissue technology to support customers across the entire value chain — from roll to fold, from converting to packaging. Our advanced, automated, and easy-to-use integrated solutions are a fundamental asset to shape the success in tissue, take our customers operations to the next level, and strengthen their overall financial performance while optimizing their total cost of ownership.
We are Körber – an international technology group with about 10,000 employees, more than 100 locations worldwide and a common goal: We turn entrepreneurial thinking into customer success and shape the technological change. In the Business Areas Digital, Pharma, Supply Chain, Tissue and Tobacco, we offer products, solutions and services that inspire. We act fast to customer needs, we execute ideas seamlessly, and with our innovations we create added value for our customers. In doing so, we are increasingly building on ecosystems that solve the challenges of today and tomorrow. Körber AG is the holding company of the Körber Group.
The Port Townsend Paper Corp.’s controversial landfill issue won’t be heard by the state Pollution Control Hearings Board until December.
A hearing had been set for August before the state board to rule on whether the mill’s landfill classification should change from inert to a more stringent limited-purpose-landfill (LPL) designation.
Jefferson County Public Health Environmental Specialist Pinky Feria-Mingo said Monday, June 17 that the date change was related to the hearings board.
Both the county and the state Department of Ecology (DOE) told the mill to file for an LPL permit last summer.
An LPL permit would require more stringent monitoring of groundwater and would require the mill to prove it has the financial means to close the landfill once it is full.
Arguing that the law had not changed and the waste had not changed, the mill refused and applied for an inert permit, a less stringent permit and one it has had for about a decade.
“Ecology believes the Port Townsend Paper Corp. should be monitoring groundwater and providing financial assurance for its landfill,” said Peter Lyon, Southwest Region Waste 2 Resource Program manager, of why the DOE intervened in the dispute earlier this year. “As a limited purpose landfill, the company would have to meet these criteria.”
Mill officials steadfastly maintain the waste stream has not changed and neither have the laws, “so the landfill designation should not change either,” Kevin Scott, environmental director for the mill, wrote earlier this year after announcing the mill would appeal Health Officer Tom Locke’s decision to deny the company an inert permit.
Until the Pollution Control Hearings Board issues a decision, the mill continues to operate under its less environmentally stringent inert permit, according to Feria-Mingo.
245 names have been revealed; more to come over the next several weeks
By Song Kyung-hwa and Lee Wan, staff reporters On May 22, the website News Tapa, also called the Korea Center for Investigative Journalism, unveiled a list of major South Korean business figures who founded “paper companies” in the British Virgin Islands, a notorious tax haven.
The names included former Korea Employers’ Federation chairman and current OCI (formerly DC Chemical) chairman Lee Soo-young and his wife, OCI Museum director Kim Kyung-ja, as well as Lee Young-hak, who is the wife of former Korean Air deputy chairman Cho Jung-gun, and DSDL (formerly Dongseong Development) chairman Cho Wook-rae and oldest son Hyeon-gang. Cho is the younger brother of Cho Seok-rae, chairman of the Hyosung Group.
The National Tax Service now plans to use the list and information to conduct an investigation into possible systematic tax evasion.
News Tapa held a press conference at the Seoul Press Center in central Seoul on May 22 to announce the first findings of its investigation in the “Tax Haven Project,” a joint effort with the International Consortium of Investigative Journalists (ICIJ). The site said it had found 245 South Koreans on a list of customers given on internal documents for Portcullis TrustNet (PTN) and Commonwealth Trust (CTL), agencies that broker the establishment of paper companies in tax havens. After finishing identity confirmation procedures for around twenty of them, it gave an initial three listings.
News Tapa is an investigative journalism site that was founded in 2011 by current president Kim Yong-jin, formerly of KBS, and other journalists who were dismissed from their jobs during the Lee Myung-bak administration (2008-2013).
According to the documents News Tapa revealed, Lee Soo-young and his wife set up the paper company Richmond Forest Management Limited in the Virgin Islands on April 28, 2008. Cho Jung-gun and his wife founded Kapiolani Holdings Inc. on June 19, 2007, while Cho Wook-rae and son set up Quick Progress Investment Ltd on March 15, 2007.
Cho Jung-geon, Lee Young-hak, and Cho Wook-rae were all found to have conducted transactions on high-price apartment properties in Hawaii through their companies.
“It’s very rare for internal information at PTN or CTL to be directly linked with bank accounts,” explained Kim Yong-jin. “But there are times when you can spot the movements of assets, with references to bank accounts in business emails and information about beneficiaries, in the case of trust management.”
“The experts at the National Tax Service will investigating the tax evasion,” Kim added.
He also said News Tapa would not be providing data to government agencies because of a promise to ICIJ.
News Tapa plans to reveal more names two or three times a week over the next several weeks.
“The ones we announced this time were mainly chaebol families,” Kim said. “Next time, I think we’ll be including a lot of executives at those businesses.
"Some of them are chaebol group names that people will have heard of."
The NTS said it planned to analyze the site’s list of South Koreans using tax havens and investigate the possibility of tax evasion.
Finland's paper exports are set to fall this year and next as more European consumers and advertisers abandon print and turn to online media due to economic uncertainty, a research firm said.
Finland is home to Europe's biggest paper producers, UPM-Kymmene and Stora Enso. The forest industry accounts for some 15 percent of Finland's total exports.
Pellervo Economic Research forecast Finnish paper exports will drop 1-3 percent this year from 7.3 million tonnes in 2012, and fall a further 1-4 percent in 2014. It previously forecast flat volumes for this year.
Europe's recession has accelerated a fall in paper demand as advertisers and consumers shift from print to electronic media.
Paper companies have tried to deal with the fall by shutting down mills and cutting capacity, and the report said more cuts are likely.
"The paper industry will continue to close down capacity in Europe this year and the next," said Pellervo economist Matleena Kniivila.
The capacity cuts are expected the lift the average Finnish export price of paper by 2 percent this year and by 2-3 percent in 2014, she added.
Finnish paper mills export around 90 percent of what they produce, mostly to other EU countries.
Finland's exports of pulp, paperboard and sawn timber are seen rising up to 5 percent this year, the report said. (Reporting By Jussi Rosendahl; Editing by Louise Heavens)
The prices of paper and paper products have increased by an average five percent, following an increase in product prices in the international market and additional custom appraisement fee levied on imports.
Yousaf Surmawala, an office bearer of All Pakistan Paper Merchants Association, said that prices of different categories of paper and paper products have been increased by an average five percent due to price hike in the international market.
He said that local millers have also increased rates in line with imported paper. The international cost of waste paper comes at $140 per ton, while import of coated and uncoated paper costs around $720 per ton.
Mohammad Saleem Memon, ex chairman of All Pakistan Paper Merchant Association, said that prices of photocopy paper have been increased from Rs260 per kg to Rs285 per kg, art paper from Rs108 per kg to Rs122 per kg and rates of offset paper mostly used in school books from Rs118 per kg to Rs128 per kg.
Memon said that paper prices have been increased all over the world, besides rupee depreciation and two percent additional customs duty were the prime reasons for the increase in local market prices.
According to Pakistan Bureau of Statistics, the country imported paper and paper products worth $227.133 million in the first eight months of the current fiscal year, registering a decline of 10.84 percent against the imports of $254.741 million in the same period of last fiscal year.
The National Tariff Commission (NTC) has imposed anti-dumping duty for five years on paperboard imports from South Korea, Indonesia, Taiwan and China.
Imports from China will face 18.10 percent duty, South Korea 22.24 percent, Indonesia 11.10 percent and imports from Taiwan will face 10.51 percent anti-dumping duty, which was effective from December 27, 2012.
NewPage Corporation (NewPage) has announced that it has upgraded its Digital Coated Paper line with a new look and new paper. Sterling® Premium Digital™ and Sterling® Premium Digital™ for HP Indigo are the new digital premium papers without the premium price tag.
"On July 30, NewPage announced that the company's legendary Sterling brand had been reengineered to provide enhanced optics, an extremely smooth surface and premium shade – all at a No. 2 price," stated Aaron Haas, director, Commercial Product Management at NewPage. "Orders for the new sheetfed product, Sterling Premium, began shipping August 6."
Now, digital coated paper buyers can place orders for Sterling Premium Digital to get the same enhanced optics, surface and budget-friendly pricing. Sterling Premium Digital and Sterling Premium Digital for HP Indigo are available in a full range of finishes, weights and sizes – including a new 120 lb. gloss and dull cover weight.
"Even though we just started shipping paper, Sterling Premium Digital and Sterling Premium Digital for HP Indigo have already proven themselves in the field," said Dennis Essary, director, Digital Papers at NewPage. "During press trials, print service providers gave the products high scores, not only on the amazing surface smoothness and brightness, but also on the product's consistency and performance on press."
In addition, the market leading Futura® product line now includes a 120 lb. gloss and dull cover while Blazer Digital® has expanded to include a 110 lb. gloss and satin cover to meet the growing needs of the digital marketplace.
The entire NewPage Digital Coated Paper line has a new look, with redesigned ream wraps and boxes that will start with the new Sterling Premium Digital and Sterling Premium Digital for HP Indigo product lines first and continue with Futura, Produtolith® Pts. Digital and Blazer Digital through the remainder of the year. A full offering of printed support collateral with customer personalization options to co-brand materials is available at www.NewPageDigital.com.
SOURCE NewPage Corporation
Stora Enso has today successfully tapped its two five-year bonds due in June 2017. Both bonds are issued under Stora Enso’s EMTN (Euro Medium Term Note) programme.
The SEK 1 350 million bond that pays a floating coupon of three-month Stibor plus 390 basis points was tapped with SEK 850 million of new notes issued with a yield of Stibor + 3.70% at a price of 100.866. The settlement date of the transaction is 3 September 2012. Following the tap, a total of SEK 2 200 million of the bond is outstanding.
The SEK 350 million 5.75% fixed coupon bond was tapped with SEK 150 million of new notes issued with a 5.57% yield at a price of 100.719. The settlement date of the transaction is 3 September 2012. Following the tap, a total of SEK 500 million of the bond is outstanding.
Sole arranger and bookrunner for these transactions was Skandinaviska Enskilda Banken AB (publ) (SEB).
“The tap was made to strengthen Stora Enso’s liquidity even further. We last issued Swedish krona bonds in June 2012, and we have now decided to benefit from the continuing strong demand from Swedish investors,” says Jyrki Tammivuori, SVP, Group Treasurer.
Catalyst Paper today announced that it has reached agreement with Pacifica Deep Sea Terminals Incorporated on the sale of its Elk Falls site in Campbell River. The $8.6 million sale of the 400-acre industrial site and adjacent properties is expected to close September 5, 2012. It completes Catalyst’s comprehensive bid review process which began earlier this year.
“We are very pleased to have attracted an experienced developer with the capacity and an industrial concept that will fully utilize the site’s infrastructure and bring new business and jobs to the region,” said Kevin J. Clarke, Catalyst President and Chief Executive Officer.
The former pulp and paper site was indefinitely curtailed in 2009 and closed permanently in 2010. Since then, equipment has been decommissioned and demolition work has been completed to prepare the site for sale and redevelopment to other industrial uses. The Elk Falls mill began operation in 1952, and at its peak, produced 784,000 tonnes of pulp, paper and kraft paper annually.
“The site is strategically located to serve a variety of marine, light manufacturing, clean energy and distribution uses,” said Pacifica Owner and Director Harold Jahn, “and we intend to transform it into a dynamic industrial park and port facility with the goal of creating 400 full time jobs in the Campbell River region over the next three years.”
Mr. Jahn is the director and owner of numerous Canadian private firms launched in a range of industries over the past 20 years. He is currently developing three industrial parks in northern Alberta.Within the new Pacifica Industrial Park, Mr. Jahn plans to base his companies that are presently developing algae based solar cells, a lithium battery manufacturing facility, ocean wave energy equipment fabrication and an electric vehicle assembly plant.
Finland's June industrial output soared 14.5 percent compared with a year earlier, boosted by a nearly 31-percent gain in its forestry and paper sector, official data showed Tuesday.
Compared to May, Finland's industrial output jumped 2.1 percent, according to figures from Statistic Finland adjusted for seasonal variations.
In May, the Nordic country saw its industrial production grow 13.2 percent on a year-on-year basis and 1.9 percent compared to April, the agency said, pointing out that "apart from a downswing in February, seasonally adjusted output has been rising since October."
Export-reliant Finland, which was hard-hit by the global financial crisis as demand for its key products -- paper and mobile telephones -- plunged, saw growth in all its main industries in June.
Output rose most in the forestry industry, up 30.9 percent compared to June 2009, and in the metals sector, up 14.5 percent, Statistics Finland said.
The electricity and electronics sectors, including the world's leading mobile phone maker Nokia, meanwhile saw slower growth of just 0.8 percent compared to the same month in 2009, it added.
Finland, which suffered more from the financial crisis than its Scandinavian neighbours, has shown signs of recovery but slipped back into recession in the first quarter, with the latest government estimates foreseeing only modest 1.5-percent growth for all of 2010.