Metsä Tissue, part of Metsä Group, has concluded the negotiations with the works council.
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ST Group expands U.S. tissue production footprint.
The start-up of the new machine is planned for second semester 2025.
With four new facilities, Sofidel further strengthens its production footprint in the North American market, which today accounts for 50% of the Group's total revenue.
Valmet will deliver a new complete tissue production line including a 16-feet Yankee Dryer and IntelliCap design, which allows for higher daily production with minimal media consumption.
With a capacity of 60,000 metric tons, the new LDC machine doubles the Sherbrooke Operational Centre’s production capacity and increases overall production to more than 130,000 metric tonnes per year.
Joint venture will be the owner of Kimberly-Clark’s international tissue assets, including 22 manufacturing facilities, approximately 9,000 employees, and marketing and selling regional and global brands in over 70 countries.
The WEPA Group invests in new paper machine with a planned annual production capacity of 70,000 tons.
The TM 5 line will be equipped with stock preparation, a rewinder, and an extensive automation package to achieve high efficiency and low energy consumption in production. Start-up is planned for 2026.
Adjusted EBITDA was $75.8 million in Q1 2025 compared to $67.1 million in Q1 2024, an increase of $8.7 million or 12.9%.
EBITDA totalled Euro 116 million (in line with Q4 2024 and down 13% on Q1 2024), with an EBITDA margin of 22% (down 0.4 pp on Q4 2024 and down 3.0 pp on Q1 2024).
Andritz emerged as a successful bidder and will supply a PrimeLineTM S 2000 tissue machine to produce high-quality tissue grades from the mill’s own hardwood pulp at a maximum capacity of 34,000 t/a.
The redundancies are expected to be implemented in the first half of 2026.
TT NextPress shoe press ensures a stable after-press dryness rate of more than 45% on a tissue line operating at a speed of 2,100 m/min, thereby guaranteeing a substantial energy consumption reduction, due to the fact that the Yankee and the hoods use significantly less thermal energy to complete the drying process.
Ulrika Kolsrud succeeds Magnus Groth, who earlier this year informed the Board that he will leave his position during the year.
Cascades' Q1 2025 sales of $1,154 million increased by $45 million compared with the same period last year. This increase was driven by consolidated net benefits of $47 million from higher selling prices and $45 million from a more favourable foreign exchange.
As President and COO, Torres will be responsible for the day-to-day operations of Kimberly-Clark’s business segments. He will also have responsibility for the Global Supply Chain, R&D, Global Growth and Digital Technology Solutions organizations.
The forming section rebuild included an approach flow system upgrade and the installation of a state-of-the-art TT Headbox designed to match the high quality requirements for facial tissue in the Middle Eastern market.
This broad-based investment program centers on two transformative projects: a new advanced manufacturing facility in Warren, Ohio, and an expansion of its Beech Island, South Carolina, site with a state-of-the-art automated distribution center.
Spearhead Timberworks receives $7.5 million from British Columbia government.