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
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
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 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
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
“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
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 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
The paper manufacturer said it has received interest from a number of parties for the business, which recorded revenue of €200million ($269.7m) last year, around 10% of the group’s total sales.
A far-reaching transformation plan was launched for the carbonless business in November last year. In the UK, this included the closure of
Paper prices have seen a marked decrease - with some distributors saying the current pricing level for printing and writing paper is almost 45% lower than the same time last year.
Mepco Gulf managing director, Fadi Baakhlini said paper prices had begun to fall after October last year.
“The uncertainty in the market and its psychological effect is what has contributed to the problem,” he said.
According to Baakhlini, there was a “strong demand” during the first