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ABB launches image-based online system for monitoring fiber properties

ABB has launched L&W Fiber Online – a reliable, repeatable and cost-effective online system for measuring, monitoring and controlling significant fiber quality variables in paper stock preparation and pulp production.This helps pulp and paper customers to save production costs by optimizing fibe...
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Rigid Group sold Rigid Charta to Beaucrest Packaging Solutions Ltd

Richard Coward, Managing Director of Rigid Group, has confirmed that the company has sold Rigid Charta to Beaucrest Packaging Solutions Ltd, who will now form a new business, Corrpad Ltd. The new company, (which is owned by Beaucrest Packaging Services Ltd), will handle the production of all the cor...
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Anhui Shanying Paper to acquire 100% of Nordic Paper's shares

A China-based pulp and paper company, Anhui Shanying Paper Industry Co., LTD, has entered into an agreement to acquire 100 % of the shares in Nordic Paper Holding AB from Special Situation Venture Partner lll and Petek GmbH.The new owner, Anhui Shanying Paper, is a part of Taison Group. The company ...
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West Fraser Timber reports 2Q Adjusted EBITDA of $305 million

Finance122  
West Fraser Timber Co. Ltd. reports record sales in 2Q 2017of $1.32 billion, up from $1.11 billion in last year, with earnings up 49% to $146 million. 2Q Adjusted EBITDA was $305 million, compared to $138 million in 2Q 2016, as the company said in the press release received by Lesprom Network.Lumber...
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Cedar Creek names Jesse Denham as General Manager of Harlingen, Texas branch

Finance90  
Cedar Creek announces the promotion of Jesse Denham to General Manager of the Harlingen, Texas branch.Jesse started his career with Cedar Creek 4 years ago in Dallas operation and has filled many functions in that time including operations, mill coordinator and sales. Jesse brings with him an energe...
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Tolko curtails its Quest Wood operation in Canada

Due to fire activity in the Cariboo, Tolko Industries Ltd. will be curtailing its Quest Wood operation in Quesnel, British Columbia, Canada, as of Monday, July 24th. The mill employs approximately 200 people and produces 210 million board feet of dimension lumber on an annual basis, as the company s...
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U.S. printing-writing paper shipments decreased by 5% in June

U.S. total printing-writing paper shipments decreased 5% in June 2017, compared to June 2016. All four printing-writing grades posted year-over-year shipment declines in June. Total printing-writing paper inventory levels increased 1% from May 2017, as the American Forest & Paper Association rep...
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Coillte 2016 EBITDA up 10% to Euro 98.3 million

Finance94  
Coillte, Ireland’s largest forestry and land solutions company, announced its annual results for 2016. The company delivered record earnings before interest, tax, depreciation and amortisation (EBITDA) of Euro 98.3 million, up 10% on the previous year.Operating cash flow at Euro 15.2 million was up ...
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