Monthly Archives: April 2023

Billerud’s Q1 net sales increased by 55%

Billerud’s net sales for the Q1 2023 grew by 55% to SEK 11,495 million ($1.1 billion), compared to SEK 7,397 million ($721 million) in Q1 2022. Net sales excluding currency effects increased by 51%, mainly due to the acquisition of Verso, which was completed on 31 March 2022. Billerud North America (former Verso) had net […]

Transatlantic trade lane experiences significant fall in rates, still higher than pre-pandemic levels

The transatlantic trade lane experienced its most significant fall in rates this month since May of last year. However, unlike on fronthaul trades out of the Far East, rates from North Europe to the US East Coast are still considerably higher than their pre-pandemic levels, according to Norway-based transport data firm Xeneta. As of April 24th, spot rates […]

Kamps opens new pallet facility in San Antonio, Texas

Kamps, Inc. announces the opening of a new pallet facility in San Antonio, Texas. The facility will begin operations immediately. Services provided out of the San Antonio facility include wooden pallet recycling and custom pallet manufacturing, two of Kamps’ core competencies. The latest expansion comes on the heels of strong first quarter growth for the […]

Rottneros to cut 24 jobs at Vallvik pulp mill in Sweden

Increasing costs, falling pulp prices and a weaker USD in the long term are the reasons why 24 people have been given notice of redundancy at Rottneros Group’s Vallvik mill today. The paper and pulp industry has generally had a good year in Sweden, but the Rottneros Group now needs to reduce its costs to prepare for […]

Stora Enso to close down paper machine at Anjala production unit in Finland

Stora Enso plans to consolidate its book paper production and permanently close one of the two paper machines at Anjala in Finland. The Group will start change negotiations concerning all employees at the integrated Anjalankoski site. The Anjalankoski site in Finland includes the Ingerois packaging board production unit and the Anjala paper production unit. Today, the […]

Interfor commits at least 30% of its Board members will be women

Interfor Corporation provided an update on its ongoing director succession process. The Company has updated its diversity target for its board of directors (“Board”) and commits that at least 30% of its Board members will be women by its next annual general meeting of shareholders (“AGM”) in 2024. The sole reason the Company could not revert […]

Glatfelter appoints new COO

Glatfelter Corporation announced that Mr. Boris Illetschko has been appointed to the role of Senior Vice President, Chief Operating Officer. He replaces the Company’s current Senior Vice President, Chief Commercial Officer, Mr. Christopher W. Astley, and Senior Vice President, Integrated Global Supply Chain and IT, Mr. Wolfgang Laures, both of whom will leave the Company effective  immediately. The Company […]

Norske Skog starts production of containerboard at Bruck mill in Austria

Norske Skog Bruck has started its containerboard production, introducing 210 000 tonnes of competitive testliner and fluting capacity to meet the growing demand for renewable packaging. The production is based 100% on recycled fibre and will use steam from the new waste-to-energy plant, which opened in April 2022. Norske Skog Bruck will start to deliver […]

Gascogne Papier to invest in new MG machine

Andritz has received an order from Gascogne Papier, France, to supply a PrimeLine MG (Machine Glazed) paper production line to its mill located in Mimizan, France. Start-up is scheduled for 2025. The new paper machine will have a web width of 6.8 m and a design speed of 1,300 m/min. It will thus be the […]

New packaging papers from Mitsubishi HiTec Paper at Interpack 2023

At Interpack 2023, Mitsubishi HiTec Paper will be presenting its full range of barricote® barrier papers for flexible food and non-food packaging, as well as the new PACK 75, a heat-sealable paper for primary and secondary packaging. Barricote barrier papers are purely paper-based and fully recyclable in the wastepaper cycle. With combinable barriers against water […]