UPM to acquire Myllykoski Oyj and sister concern Rhein Papier

The EU Commission has given the green light for paper manufacturer UPM to acquire Myllykoski Oyj and its sister company Rhein Papier.

First mooted in December last year, the acquisition of the combined €900m (784m) turnover companies was finally completed on 13 July 2011.

UPM issued 5m new shares at €10.84 per share to direct and indirect owners of its new businesses and drew €800m in long-term debt in order to finance the deal.

The deal includes seven publication paper mills in

APP launches quadruple coated 'Hi-Kote' paper at road show

Paper manufacturer Asia Pulp and Paper has launched its new flag ship product from its new Hainan Jinhai paper mill in China.

The two-sided coated paper will be available in Gloss and Matt coating from 150 to 270 gsm. Anil Sharma from APP's corporate product development presented the new product at a road show in Dubai held on 19th July 2010. The road show was attended by over 200 people who were mainly UAE printers and paper distributors from the region. Next show is planned in October in

Paper manufacturers look to implement stock charges

Paper manufacturers are understood to be looking at charging customers for any paper that is held at wharf for 60 days or more.

While previously mills have offered to hold stock at wharf locations for an unlimited period, it is understood that paper will now be invoiced on the 60th day.

One industry insider said the change for stocking paper was mainly in the cut-size paper sector, and had been going on for a while now due to challenges with cashflow.

Malcolm Sinclair, marketing director at

Mitsubishi HiTec Paper Europe to increase Giroform carbonless prices

The company will increase the cost of Giroform rolls and sheets worldwide by 5-7%, with the hike taking effect from 18 July.
A spokesman for the company said the move was due to the steady rise in costs for energy and raw materials.
He said: "This is the first worldwide increase in the price of Giroform carbonless papers that has been made this year.

"In view of the cost increases experienced in raw material and energy prices, this increase is very much

Sappi to close coated graphic paper mill Biberist by July end

Sappi Fine Paper Europe (SFPE) is to close its 550-staff Biberist mill, a move that will take out 500,000 tonnes of its annual coated graphic paper capacity.

It is anticipated that production at the Switzerland-based mill will cease at the end of July, while the company investigates possibilities for a sale and alternative industrial use of the site.

Mat Quaedvlieg, director of manufacturing at SFPE, said the reason for the closure of the mill was mainly the costs that had risen, which he

New creative papers launched by Arjowiggins in seminar

Arjowiggins in collaboration with their distributor Giffin graphics conducted three seminars to give printing hints on speciality papers. Two of them were conducted in Dubai on 29th March 2011 for printers and creative agencies. The seminar for printers was organised with PPG Group and attended by 50 people with focus on creative papers and environmental issues. The third seminar was organised in Abu Dhabi for creative agencies as well printers.

Talking to PrintWeek MEA, business manager for

April Fine Paper conducts its 2nd partner seminar for MEA region

April Fine Paper recently conducted a conference for its MEA region partners in Dubai.

Some 58 partners attended the event representing 31 countries. Head of sales at April Fine Paper, Sunil Sood gave the presentation about company's developments and future strategy.

Company has invested in a new facility in China with an annual capacity of 1.5Mt. "We cater to 26 countries in ME region which contributes to 15% of our global sales forming it to be our largest territory group. We intend to

UPM launches low-cost uncoated option for catalogues and books

Paper giant UPM has launched UPM EcoLite, an uncoated paper available in very low weights of 29gsm and 31gsm.

The paper manufacturer said the product is a low cost paper that provides a competitive option for very low weight woodfree uncoated papers.

Petri Salminen, product manager, UPM paper business group, said: "The paper is low cost and environmentally friendly, and it is the ideal product for when whiteness and yellowness are not the most critical elements in the end use."

UPM EcoLite can be

UPM to acquire Myllykoski Corporation and Rhein Papier

UPM has agreed to acquire Myllykoski Corporation and Rhein Papier to "improve cost competitiveness".

The move is in line with the broad consolidation across the industry, which has seen aggressive acquisitions and millions of tonnes of capacity taken out.

Myllykoski Corporation and Rhein Papier have and estimated enterprise value of €900m ($1.2m) comprise seven publication paper mills in Germany, Finland and America, which have an annual production capacity of 2.8m tonnes.

The deal will add

APP launches HVA products at roadshow for Levant region

Indonesian Paper giant, APP Jordan, organised a roadshow for local and regional printers and distributors in the Levant region.

The event held on 12th December, at the Intercontinental Hotel in Amman, introduced the new line of high value added (HVA) paper products and their specifications through a detailed presentation.

"We are delighted to launch the high value added paper and board products in the region, as we are committed to continuously provide new products for various usages that meet

Sappi boss says get used to new reality

Founded in South Africa in 1936, Sappi has paper pulp production of 3.3 million tons per annum and paper production of 6.8 million tons per annum. The company has introduced its price increase for third time this year with 8% for speciality products. A 16,400 employee company has manufacturing operations over four continents.

PW: Whats your take on Middle East market?

BW: I have been coming for the last two years to the ME, but Sappi has been in the market for the last 30 years and our policy is

Chinese paper companies hit with anti-dumping duties

Imports of coated fine paper (CFP) from Chinese paper mills have been slapped with provisional anti-dumping duties of up to 39.1% following an investigation by the European Commission.

The move, which resulted from a complaint by Cepifine, applies to CFP sheets (not rolls) of 70gsm to 400gsm and an ISO 2470-1 brightness of more than 84, for a provisional period of six months.

Asia Pulp and Paper's (APP) Gold East Paper (Jiangsu) and Gold Huasheng Paper (Suzhou) will face duties of 19.7% following

Rumours of newsprint merger may herald European shake-up

The European newsprint market could be on the verge of a massive shake-up following reports that three of the four largest manufacturers in the sector have been discussing a merger.

Paper manufacturers Stora Enso, Holmen and Norske Skog were forced to issue statements earlier this month (2 September), after a report in Finnish newspaper Helsingin Sanomat caused a spike in their share prices.

According to the report, the three companies were planning "the partial or complete merger" of facilities

Sappi puts up coated fine paper price for the third time this year

Paper manufacturer Sappi has said it will put up the price of its coated fine papers by a minimum of 7% and its uncoated fine papers by at least 10% - the grades' third increase this year.

The increases will take place as of 1 September, following "a continuous rise in input costs" that the company said has kept profitability for the industry at "unacceptably low levels".

Sappi said energy, wood and transportation costs had also recently started to increase sharply, following the unprecedented

Printec distributes 100% wood- free, FSC-certified papers in UAE

Maxnoa, the speciality paper division of Printec LLC are the sole distributors of 100% wood free speciality papers produced by the Scottish company, Tullis Russel. The FSC certified papers are currently distributed in UAE, with plans afoot to gain distributorship for the entire Middle East.

Mazen Haj Ali, managing director, Printec L.L.C. said, "This range of specialty paper is used for a wide variety of end uses including premium packaging, cards and high profile text and cover

Idempapers raises carbonless prices to counter higher costs

Paper manufacturer Idempapers is to raise the price of its Idem range of carbonless products.

The company's carbonless reels products will go up by up to 8% and its sheet products will rise by up to 5%, although prices will vary from one market to another.

Arnaud de Brandt, IdemPapers marketing manager, said that the current levels of sales prices "do not compensate for significant cost increases, despite previous price increases implemented this year".

Over the past 12 months, the paper industry

Sappi blames pulp cost for paper price rise

Sappi Fine Paper Europe is set to put up its prices again after claiming that its last increase "barely compensated for the extraordinary increase in pulp costs".

The paper giant will increase the price of its flexible packaging, label, and release liner papers and boards by 6% as of 1 July in all European and overseas markets.

In April, Sappi raised the price of its coated fine papers by "at least 10%" and said it would stagger increases for its mechanical coated papers across the rest of the

APP blasts 'abuse' after subsidy investigation launched by EU

Asia Pulp and Paper (APP) has denied allegations that it receives subsidies from the Chinese government, after the European Commission launched an investigation into the claims.

Stuart Andrews, APP Eu-rope's spokesman, descri-bed the allegations as "unfounded" and said the company had serious concerns over the legitimacy of the initiative.

"We will prove that our competitive advantage is the result of long-term strategic investments, state-of-the-art technology and effective processes, fully in

Sappi blames latest paper price rises on 'unacceptable' margins

Sappi has said it will increase the price of its fine coated papers by "at least 10%" and will stagger increases for its mechanical coated papers across the rest of the year.

The 10% increase will apply to woodfree coated (WFC) sheets and reels for deliveries from 1 June, and is in addition to the rise of 10% for WFC sheets and reels implemented by Sappi last month (8 March).

According to the South African company, input costs have continued to rise because of pulp, chemicals and oil prices going

Arctic Paper profits soar 383% as Grycksbo buyout completed

Net profit at Arctic Paper soared by more than 380%, according to the group's fourth-quarter results.

The Polish-listed company reported a turnover increase of 27.6% in Q4 2009 to PLN432.7m, coupled with a 383% rise in net profit to PLN31.1m.

EBITDA also increased by 46.9% to PLN48.1m in the last quarter of the year, while turnover for the full year increased by 42.5% to PLN1.8bn.

Meanwhile, the company also announced that its purchase of Sweden's Grycksbo Paper Holding completed on 1st

Sappi: conditions in sector will improve but price hikes likely.

Paper manufacturer Sappi has said that conditions for the sector will gradually improve in 2010, but warned that pulp price increases are also likely.

The South Africa-based business made the comment in its first-quarter results, where it also announced a pre-tax loss of $72m for the fiscal quarter ended 27 December 2009.

This was down from a $36m profit in Q1 of the preceding year. Turnover rose by 36% year-on-year to $1.6bn as a result of Sappi's acquisition of M-Real's graphic papers

Sappi: conditions in sector will improve but price hikes likely. 2010-03-01 369

Paper manufacturer Sappi has said that conditions for the sector will gradually improve in 2010, but warned that pulp price increases are also likely.

The South Africa-based business made the comment in its first-quarter results, where it also announced a pre-tax loss of $72m for the fiscal quarter ended 27 December 2009.

This was down from a $36m profit in Q1 of the preceding year. Turnover rose by 36% year-on-year to $1.6bn as a result of Sappi's acquisition of M-Real's graphic papers

UPM to develop MRF at Shotton plant to boost recycled output

Paper giant UPM is to invest $27.39m in the development of a materials recovery facility (MRF) at its Shotton paper mill in North Wales.

The facility will sort dry recyclables, such as plastic bottles, cardboard, newspapers, magazines and metals, and enable the mill to source high-quality paper from co-mingled sources. Construction on the site will start immediately and is estimated to be completed by January 2011.

Once up and running at full capacity, the plant will employ up to 160 staff to

Facing recession, Sappi will be closing Kangas mill in Finland

Sappi Fine Paper Europe is to permanently shut down its Kangas paper mill in Finland in order to address the impact of the global recession.

The mechanical coated paper mill has been in operation for 137 years and employs 150 staff.

So far, 30 staff has left with a pension agreement, while four will transfer within the company. The remaining staff will be made redundant.

Berry Wiersum, chief executive of Sappi Fine Paper Europe, said: “We recognise this is a difficult decision

UPM posts €64m third-quarter profit following restructuring

Paper giant UPM has recorded a third-quarter pre-tax profit of €64m following a year of restructuring initiatives and production curtailment.

The figure is up on a loss of €90m recorded at the same time a year earlier. However, for the first three months, it recorded a pre-tax loss of €124m.

Sales for the third quarter of 2009 were €1.9bn – down 19% on the €2.3bn recorded for the period in 2008.

The Finland-based manufacturer blamed the weaker profitability

Construction on Tullis biomass plant starts after $335m deal

Papermaker Tullis Russell has signed a $335m deal with energy operator RWE Npower Renewables to supply heat and electricity to the Scottish paper mill from its new biomass-fuelled co-generation plant.

Construction work on the site will begin immediately and the Combined Heat
and Power (CHP) facility, which replaces an existing coal-fired plant at the Fife site, is expected to be operational by 2012.

Some $13.5m support has also been secured from the Scottish government for the project

Paper manufacturer and colour theorist create new application

Neenah Paper has partnered with USA’s colour theorist Dewey Sadka to create a proprietary application to let users build custom colour palettes and view them on their iPods and iPhones.

The application – called Think Ink – uses the scientifically validated Dewey Color System and allows users to explore the psychological meanings of colour, ink and paper combinations from the aforementioned handheld devices.

According to chief executive at Papers Worldwide, Ashita

Report says e-paper is on the rise but still has disadvantages

E-paper’s use is increasing due to its paper-like properties of portability, flexibility and legibility, but it still has disadvantages to overcome before its adoption will become widespread, according to a report from Gartner.

“E-paper has some barriers to overcome before gaining credibility with the mainstream market,” said Gartner senior research director SJ Chae. “However it is generating a great deal of interest and we expect adoption to increase steadily over

APP rebuts ‘irresponsible’ charge over Indonesian logging activity

Asia Pulp and Paper (APP) has denied allegations that it plans to carry out a large-scale logging operation in a natural forest area of Indonesia

Five groups working in Bukit Tigapuluh National Park (BTNP), including the Sumatran Tiger Conservation and Protection Foundation and WWF Indonesia, said they had discovered a joint venture with APP and Sinar Mas Group (SMG).

WWF claimed the two companies had been given licence to clear a large area of natural forest, home to indigenous tribes

Mitsubishi HiTech cuts 121 jobs at German site

Mitsubishi HiTec Paper has said it is to cut 121 positions at its Bielefeld site in Germany and invest €1.6million ($2.1m) in energy-saving measures to boost production efficiency.

The specialist paper manufacturer said it was on schedule with a cost reduction and restructuring programme at its Bielefeld site, which it said would affect 121 jobs.

The company has simultaneously announced a broad range of investments to optimise energy consumption for cold generation at
the site