menu

Paper

Mondi to invest €340m in new kraft top white machine in Slovakia

International packaging and paper group Mondi has revised its investment in a new 300,000t kraft top white machine at its Ruzomberok plant in Slovakia to €340m.
The company has also recently received the necessary permitting, allowing it to proceed with the investment.
The investment has been revised from €310m to €340m following refinements to the machine’s technical concept and higher construction costs. The machine is expected to be operational by the end of 2020.
Mondi Group CEO Peter Oswald said: “This investment provides an exciting opportunity for Mondi to leverage our cost-advantaged mill in Slovakia to complement our portfolio and serve a growing market with innovative and sustainable containerboard solutions.”
Once operational, the

Metsä Group and Itochu establish a joint venture for textile fibres

Metsä Group’s innovation company Metsä Spring Ltd. and Japanese Itochu Corporation establish a joint venture, which invests approximately EUR 40 million in building and operating a test plant, with the aim to demonstrate a new technology for converting paper-grade pulp into textile fibres. Business Finland, a Finnish governmental funding agency, participates in the financing of the demo project with an R&D loan.

The textile fibre demo plant will be located next to Metsä Group’s bioproduct

Metsä’s Mänttä mill switches to LNG

At the mill in Mänttä, Finland, LNG will replace liquefied petroleum gas (LPG) in the paper drying process. The fuel switch from LPG to LNG will improve competitiveness and cut the company’s carbon dioxide emissions. LNG will be delivered to the Mänttä mill by road tanker from the Skangas Pori LNG terminal. Before being used, LNG will be regasified at the mill. In cooperation with the Technical Services of its parent company, Gasum, Skangas will carry out the modification and equipment

Sappi reports gains from Cham integration

Sappi sees its takeover of the specialty paper business of Swiss-based Cham Paper Group (CPG) as offering big opportunities for the two companies and their combined customer base.

In late 2017, Sappi, one of the global producer of dissolving wood pulp, specialty and packaging papers, graphic (printing and writing) paper and biomaterials, entered into an agreement to acquire the specialty paper business of CPG. This included the acquisition of CPG’s Carmignano and Condino Mills in Italy, its