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The investment of SEK 5.7 billion (approx. USD 622.25 million) includes the construction of a new board machine at the Gruvön production site and

The tallow backlash that has engulfed the Bank of England has also caused De La Rue to revisit its polymer formulation, PrintWeek can reveal.
The world’s largest security printer lays claim to being the only vertically integrated producer of polymer substrates and banknotes, encompassing manufacturing, design and printing. It launched its Safeguard polymer substrate in 2012.
It had initially seemed that Safeguard was free from animal products, and therefore ‘vegan’.
De La Rue has now revisited the

UPM has announced that its paper product catalogue 2017 and sample books are now available. The German and French version of the paper product catalogue will be published soon.
“The printed product catalogue gives our customers the perfect overview. It is complemented by our comprehensive UPM Paper Catalogue online”, says Antti Pokkinen, Director, Product Portfolio, UPM Paper ENA (Europe and North America).
More details on the papers are available on UPM Paper Catalogue online, providing
International Paper has finalized $2.2 billion purchase of Weyerhaeuser’s pulp business. Because the transaction is a purchase of assets, Interna-tional Paper expects to realize a tax benefit with an estimated net present value of approximately $300 million.
International Paper expects annual synergies of approximately $175 million by the end of 2018, which will require the need for one-time costs of approximately $85 million.
“This transaction positions International Paper as the premier

UPM is planning to permanently reduce its graphic paper capacity in Europe by 305,000 tonnes. The capacity reductions are planned to take place in Austria and Germany.
UPM plans to permanently close two paper machines: SC paper machine 3 at UPM Steyrermühl, Austria and SC paper machine 2 at UPM Augsburg, Germany.
The plan would result in annual cost savings of about EUR 30 Million. UPM would book charges of approximately EUR 75 Million as an item affecting comparability in Q4 2016. Of the

German paper manufacturer Zanders has launched Zanpack silk digital paper for high-end packaging and added it to its Zanpack range.
Zanpack silk digital was launched in October 2016, and joins three other papers in the portfolio: Zanpack silk, Zanpack silk 2 and Zanpack touch, all of which were launched in May 2016.
Sales director John Tucker said: “As a mill we are developing a full portfolio of packaging papers and boards. We have a complete label portfolio so to give the customers the same

Cumbrian papermaker James Cropper has posted strong revenue and profit growth in its half-year results. For the six-month period ending 1 October 2016, revenue grew by 7.8% to £45.4m, up from £42.1m for the same period last year.
The firm said it will continue to target growth in this segment during the second half by focusing on key growth markets, including packaging and photo papers.
It also noted it has already launched a raft of new products this year, including Dolcelicious advanced food
Verso Corporation announced plans to temporarily idle the No. 3 paper machine at its Androscoggin Mill , reducing annual coated paper production capacity by approximately 200,000 tons. Verso intends to implement this capacity reduction beginning in the first quarter of 2017.
The mill also will idle a digester and recovery boiler that support the No. 3 paper machine.
In a press release, the company noted, “Most products currently produced on the No. 3 paper machine will be transitioned to other

Finnish cartonboard manufacturer Pankaboard has launched a new cartonboard for the luxury packaging sector.
PankaLux, which is on show for the first time at this week’s FachPack packaging exhibition in Nuremberg, Germany, will become available for worldwide distribution straight after the exhibition shut its doors on 29th September.
The new board is being targeted at luxury beverage packaging producers.
Pankaboard head of product development Christer Nordman said: “We specialise in high-end

Antalis has engaged with a dozen high-profile graphic designers and artists on a major project that offers an international take on the role of paper in a digital age.
The merchant’s ‘Book of 12’ campaign has resulted in the creation of a set of 12 special notebooks, each showcasing the work of a design professional and with an interview about their approach to paper choices and selection.
Antalis marketing director Ian Webb highlighted the “inherent added value of paper” including sensory
Belgium-based specialty papermaker Idempapers SA said that it will increase the price for its carbonless products in sheets up to 5 percentage, effective with deliveries starting from November 14.
In a press release, the company said, “Despite the price increases already implemented during the past months, the volatile UK currency has impacted our margins and we are forced to implement a further price correction. The current Pound/Euro Exchange Rate is more than 20% lower than it used be a year

Paper and packaging giant Stora Enso is set to close its Heinola corrugated packaging plant in Finland, citing market pressure and shrinking volumes.
It proposes to move the site’s corrugated packaging production to its Lahti plant, 40km away.
Stora senior vice president Peter Torstensson said: “I think the Finnish corrugated market has been under pressure for quite a long time now and it is significantly smaller today than it was before the financial crisis in 2008. We have seen the market