ANDRITZ has signed an agreement with Flowserve Corporation based in Texas, USA, to take over its NAF AB engineers, designs and builds Flowserve’s NAF control valve portfolio. It is a leading supplier with long-standing experience in providing process control valves for pulp and paper and other related industries. With 50 employees at the facility in Linköping, Sweden, it […]
Category Archives: News
The Board of Billerud has appointed Ivar Vatne as President and CEO of the company. Ivar Vatne has been acting President and CEO since July 2023 and enters the permanent position with immediate effect. “The Board has conducted a thorough recruitment process and has evaluated both internal and external candidates,” said Jan Svensson, Chairman of […]
Veritiv Corporation, a leading distributor of packaging, facility solutions, and print products, today announced that an affiliate of Clayton, Dubilier & Rice, LLC (CD&R) completed its acquisition of the company. CD&R is a private investment firm with offices in New York and London. On August 7, 2023, CD&R and Veritiv announced they had entered into […]
Arctic Paper S.A. has terminated the liquidity provider assignment with Erik Penser and has appointed Carnegie Investment Bank AB as new liquidity provider for the company’s shares on Nasdaq Stockholm. The arrangement is in accordance with the framework of Nasdaq Stockholm’s rules on liquidity providers. In the role of liquidity provider Carnegie undertakes to continuously […]
ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a €500 million financing agreement to support ABB’s research and development in its Electrification business area. Global demand for electricity is growing 10 times faster than other energy sources.1 Addressing this increasing demand in the context of the energy […]
The Saica Group has unveiled its Research, Development & Innovation (R&D&I) Centre at its El Burgo de Ebro plant in Zaragoza, Spain. Launched as part of the company’s 80th anniversary celebrations, the centre will service Saica’s four divisions globally: Saica Natur, Saica Paper, Saica Pack and Saica Flex. The new R&D&I Centre will allow teams […]
UPM invests nearly 10 million euros in the modernization of the Korkeakoski sawmill. A new split saw supplied by USNR will start operating at the sawmill in 2025. This is a very significant investment in the efficiency and competitiveness of the Korkeakoski sawmill. “The sawmill industry has a long history of over 60 years in […]
Nippon Paper Industries Co has announced a price revision for liquid-packaging cartons for milk and beverages. Product subject to price revisions includes all liquid-packaging cartons. The markup will be 10% or more. Timing of implementation is deliveries from April 1, 2024. In a press release, Nippon Paper states: “We implemented a price revision in April […]
One of Australia’s biggest paper recycling facilities will be built in South East Queensland with plans to turn 220,000 tonnes of waste paper and cardboard from across Queensland and northern New South Wales into pulp annually for export. The Albanese and Queensland Labor Governments have partnered with Brisbane-based national company AusWaste Recycling to build a […]
Holmen Paper Braviken and Hallsta have once again achieved the prestigious EcoVadis platinum medal, making it seven consecutive years of recognition. “This remarkable accomplishment reflects our dedication to sustainability across all aspects of our operations, including environmental impact, business ethics, and labor and human rights. It proves that you can buy from us or use […]