Pulp-Paperworld.com / European News

BillerudKorsnäs has been awarded a Gold rating from EcoVadis for the fourth year in a row. The annual evaluation of 30,000 suppliers shows that BillerudKorsnäs is among the top 1 percent of all companies assessed.

2017 11 13 090234EcoVadis is the leading system for evaluating suppliers' environmental aspects, working conditions, corporate social responsibility and subcontractors. Multinational brands with high ethical ambitions use the system to evaluate their supply chains in turn.

This year’s evaluation shows that BillerudKorsnäs is among the very best of all companies in the same industry and is also in the top percentage rank among all companies assessed, regardless of industry. It also shows that BillerudKorsnäs improved even more this year.

"EcoVadis confirms that our sustainability is at a high level and that we have structured work on environment and working conditions, clear guidelines regarding ethical issues and a systematic approach with our suppliers. The fact that we received very high scores in all areas assessed, well above the average of the group of paper and cardboard manufacturers we are compared to, and that we have received higher rankings every year since the first evaluation in 2013 is really pleasing,” says Bengt Brunberg, responsible for reporting on sustainability initiatives.

The EcoVadis method is based on internationally adopted principles for sustainability reporting, such as GRI (Global Reporting Initiative), United Nations Global Compact and ISO 26000, and is audited by independent sustainability experts.

Read the result in the attached BillerudKorsnäs' Sustainability Profile 2017

More about EcoVadis at http://www.ecovadis.com/

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News

BillerudKorsnäs SteriKraft® Protect, manufactured from pure cellulose with no polymeric additions, is a unique medical packaging paper which is up to 20 percent stronger gram for gram than a normal paper. This gives a very special range of properties. The paper is fully compatible with direct seal films and highly cost effective, whilst offering substantially more protection for the packed device.

billkorlogoBuilding on the existing SteriKraft® Protect EO for low temperature sterilisation (EtO & Radiation), Protect S brings full compatibility with steam sterilisation (134°C) with high porosity and enhanced wet strength. Also, like Protect EO and BillerudKorsnäs SteriKraft® PeelClean range, Protect S offers strong seals and fibre free clean peels due to advanced size press coating technology.

SteriKraft® Protect EO is recommended for more challenging applications where cost effectiveness is still a key requirement eg IV catheters, large syringes, nutritional administration sets etc. SteriKraft® Protect S adds prefilled syringes, large hospital pouches and dialysis filters etc. to this list. As with all other papers in BillerudKorsnäs' SteriKraft® range, Protect S is fully approved under the relevant sections of EN868 and ISO 11607-1.

"Protect S compatibility with direct sealing combined with steam compatibility and with a significant increase in strength over a standard paper, all very cost effectively, fills a real need in the market," explains Jonathan Andrews, Business Development Director Medical at BillerudKorsnäs.

World launch at COMPAMED in Düsseldorf
The new BillerudKorsnäs SteriKraft® Protect S will be displayed for the first time at Compamed tradefair “Hightech solutions for medical technology” 13-16 November in Düsseldorf, Germany. Visit our stand, Hall 8b G09, to find out more about Protect S and the rest of BillerudKorsnäs' SteriKraft® range.

About BillerudKorsnäs SteriKraft®
BillerudKorsnäs SteriKraft is a medical paper that can withstand exposure to various sterilisation methods and guarantees the sterility and purity of the products right up until the moment of use. The packaging will maintain its sterility for five years and is offered for all major sterilisation methods. Strong, safe and with microbial barrier properties. For more information, visit www.billerudkorsnas.com/our-offer/packaging-materials/kraft-paper-medical

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News

The Board of Directors of BillerudKorsnäs has appointed Petra Einarsson new President and CEO of the company. Petra succeeds Per Lindberg who is, after 12 successful years, leaving BillerudKorsnäs on his own request for a new assignment. Petra Einarsson will assume her new position at the turn of the year 2017-2018.

billkorlogo”I am very glad to present Petra Einarsson as new President and CEO of BillerudKorsnäs”, says Lennart Holm, Chairman of the Board. “Petra is a highly experienced and competent leader. She has during her years as President of Sandvik Materials Technology shown her capability to successfully develop a complex process industry in a competitive environment. With Petra as new CEO, I am convinced we will succeed in our ambitions to further develop BillerudKorsnäs to new levels.”

Petra Einarsson is since 2013 President of Sandvik Materials Technology and a member of the Group Executive Management of Sandvik AB. Prior to that she has held a number of senior positions within the Sandvik group, including President of product area Tube, President of product area Strip and Financial Manager at Sandvik Materials Technology. Petra was born in 1967 and holds a B. Sc. in Business Administration and Economics.

Per Lindberg leaves his position as President and CEO as Petra Einarsson assumes the position.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4 300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News
Tuesday, 17 October 2017 08:32

Good demand and stable results

CEO Per Lindberg comments on the development during Q3 2017:

“We experienced a very strong market in the quarter, resulting in positive sales performance. Net sales were up 3% and volumes were up 1% on last year. Overall, we have had some difficulties with production availability in recent quarters, so we have established a new organisation to work proactively on both availability and quality at our facilities. I am confident that this will generate results over the coming years.

billkorlogoLooking ahead, market conditions appear encouraging, and we see good opportunities for continued growth. In the longer term, we will have additional support from increasing demand for sustainable packaging solutions. In this respect, our major investments, which will start to deliver in 2018 and 2019, will make a significant positive contribution to our growth on this market.”    

THE RESULT

EBITDA in the quarter was SEK 1 051 million and we experienced positive sales performance on the back of a strong market in Europe and increased demand in China and the rest of Asia. The slightly higher volumes, combined with higher prices, offset negative currency movements. During the quarter, our Karlsborg production unit was affected by a production shutdown due to a fire, which had an approximately SEK 35 million impact on earnings. The fire was put out quickly and there were no injuries to personnel, but it caused extensive damage to cabling in an adjacent area. The damage has been repaired and Karlsborg’s production is running according to plan once again.

The business areas delivered stable earnings. Consumer Board recorded its highest cartonboard sales volumes since Billerud and Korsnäs merged. Within Corrugated Solutions, Managed Packaging posted sales growth of almost 50 percent compared to last year.

MARKET OUTLOOK

The market for all business areas is expected to remain strong over the next quarter. We are seeing favourable order levels and opportunities for further price increases. It is uncertain, however, how large the price increases may be.

In the longer term, this positive picture is being further strengthened by growing demand for sustainable packaging solutions, particularly regarding alternatives to plastic. Plastic waste is one of the greatest environmental challenges of our time and we are therefore seeing a greater focus on regulation to counter unnecessary use of plastic. This is strengthening our competitiveness as opportunities to replace less sustainable solutions are growing.

STRATEGY

Efficiency is a cornerstone of our strategy. Our approach to efficiency is about doing things right, and having efficient processes and practices. It is our customers who principally determine what are the right things to do. That’s why we are increasingly focusing on developing and harmonising our working practices by strengthening group-wide functions within our production organisation. This relates in particular to minimising production disruptions and ensuring our products maintain consistently high quality.

Another aspect of this is structural. Our two major investment projects, a new board machine at Gruvön and a world-leading MG centre at Skärblacka, not only demonstrate our ambition of meeting the market’s growing needs with efficient board and paper machines. We have also demonstrated our ability to create a production system that is efficient both in terms of its overall structure and its constituent parts. This is in order to supply our current and future customers with the highest-quality sustainable packaging materials and solutions. These projects are proceeding to schedule and we are looking forward to the start-ups; spring 2018 for Skärblacka and spring 2019 for Gruvön.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4 300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in financial News

Cartonboard material from BillerudKorsnäs, a leading global provider of sustainable packaging materials and solutions, has been used in three winning categories at the prestigious European Carton Excellence Awards, including the most prestigious “Carton of the Year”.

On September 21, 2017, the 21st edition of the European Carton Excellence Award, Europe’s most renowned award for carton packaging, was held and BillerudKorsnäs and their converter and brand owner partners went home with three prestigious awards.

2017 09 29 131920

“It’s a great honor to be part of and being able to help our customers, both converters and brand owners, with realizing all their great visions, design and environmental packaging ideas. At BillerudKorsnäs we have developed a series of materials creating no need for compromises. Our cartonboard is made from primary fibers, making it so strong that the packaging weight can be reduced without compromising performance, making it possible for both beautiful, functional and environmental packages.” says Magnus Levinsson, Business Segment Director Cartonboard at BillerudKorsnäs.

Together with Domenis 1898 SRL and Lucaprint, BillerudKorsnäs won the most reputable award “Carton of the Year” with the entry Geometrie Cividât. The classic gin is elegantly presented in a diagonally cut carton, where the round bottle is perfectly secured inside the functional and attractive design, making it stand out and at the same time enhance the sophisticated quality of the product. The superior quality and printability of BillerudKorsnäs cartonboard made sure that the cartons designer, Ufficio Tecnico Lucaprint and Giulia Toscanelli, could realize their vision which in the end resulted in being crowned the best carton of the year.

BillerudKorsnäs also helped liquorish manufacturer LIQ and producer VG Kvadra Pak JSC to win best packaging in the “Confectionary” category with their prgifemium packaging “LIQ gift set”. The t set consists of one large gift box which holds four small cube boxes, all made from BillerudKorsnäs cartonboard. The small boxes have a double layer of material produced from eco-friendly cartonboard material, which helps to achieve a more natural and matte look and at the same time allows for excellent printing quality and what the jury named “an exceptional experience”.

First place in the “Drinks” category went to the French Jolival together with VG Angoulème who designed and produced the entry ‘Eco-Fontaine Jolival’, a transportable five-litre water fountain that requires no maintenance or electricity. Made of BillerudKorsnäs cartonboard the carton can be recycled or refilled and therefore has multiple lifecycles, an extremely eco-friendly concept. The use of cartonboard for both cups and dispenser also helps to limit the use of plastics, doubling the positive environmental, which the jury called “ideal”.

Description, jury's comments and pictures are available at:

Carton of the Year/Geometrie Cividât: http://www.procarton.com/awards/carton-excellence- award/2017/categories/carton-of-the-year/

Winner Confectionary category/VG Kvadra Pak JSC: http://www.procarton.com/awards/carton- excellence-award/2017/categories/confectionery/

Winner Drinks category/ VG Angoulème http://www.procarton.com/awards/carton-excellence- award/2017/categories/drinks/

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News

During the night between September 5th and 6th, there was a fire in one of the buildings at BillerudKorsnäs’ production unit in Karlsborg. The production was stopped as a consequence of the fire but is now back to full speed after a successful work to make the unit ready for production. BillerudKorsnäs estimates that the impact from the fire on Q3 results will be approximately SEK 35 million.  

billkorlogo"Our teams and suppliers have made good efforts to overcome the consequences of the fire and we are glad that we can inform our customers of this quick start-up", says Per Lindberg, President and CEO of BillerudKorsnäs.

The production unit in Karlsborg manufactures sack and kraft paper as well as market pulp for the Packaging Paper business area and has a production capacity of approximately 300,000 tonnes per year.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4 300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News

During the night between September 5th and 6th, there was a fire in one of the buildings at BillerudKorsnäs’ production unit in Karlsborg and the production has been stopped since then. After analysing the impact of the fire, BillerudKorsnäs now expects Karlsborg to be back to full production during the week starting with Monday September 18th.

billkorlogo"The most important thing is that no person has been injured in the fire. We have now assessed the impact of the fire and the work with making the unit ready for start of production is ongoing at high intensity. We expect full production to be reached during next week, i.e. the week starting with Monday September 18th. As it is a complex start-up after this type of event, there is some uncertainty about the exact timing", says Per Lindberg, President and CEO of BillerudKorsnäs.

The fire started as a result of a malfunctioning security valve leaking oxygen leading to ignition.

The production unit in Karlsborg manufactures sack and kraft paper as well as market pulp for the Packaging Paper business area and has a production capacity of approximately 300,000 tonnes per year.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4 300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News

As the only European company, BillerudKorsnäs last year was named sustainability leader in the category Containers & Packaging, and included in the globally recognized Dow Jones Sustainability Index. In this year’s assessment, BillerudKorsnäs advances from belonging to the top 20 percent in Europe, to the 10 percent most sustainable companies in the world.

billkorlogoDow Jones Sustainability Europe Index covers the leading 20 percent of the largest European companies in terms of sustainability. Dow Jones World Index includes equivalent leading 10 percent of the companies worldwide. The fact that BillerudKorsnäs now is included in the World Index and once again named sustainability leader in it’s category is particular due to its performance within risk and crisis management, climate strategy and labor practice indicators.

"Being included among the most sustainable companies in the world is a great honour to us. Contributing to sustainable development is and will continue to be the starting point for our long-term strategy of profitable growth. Sustainability is therefore an integral part of everything we do. In a broader context, that means to always strive to take sustainability work a little further, to challenge conventional packaging solutions and working methods, and thereby positively contribute to a globally sustainable future", says Per Lindberg, President and CEO of BillerudKorsnäs.

BillerudKorsnäs sustainability work focuses on three areas: increasing customer value, responsibility throughout the value chain and contributing to a sustainable and bio-based society. In practice, that means to strengthen the customers sustainability work and competitiveness by developing smart packaging solutions based on renewable materials; to speed up the transition towards a sustainable and bio-based society by combating climate change throughout the entire value chain locally and globally; as well as to promote responsibility from raw material supply and production to recycling and provide engaging workplaces where safety, diversity and human rights are a priority.

About Dow Jones Sustainability Index
Dow Jones Sustainability Index (DJSI), launched in September 1999, is the first global index on how companies perform within economically relevant environmental, social and economic governance factors (ESG, Environmental, Social and Corporate Governance). Annually, 3,900 of the world's largest companies from developed and emerging markets are analyzed by RobecoSAM in cooperation with Dow Jones. www.sustainability-indices.com 

Published in European News

production shutdown while property damage is being investigated

billkorlogoAs reported in the media, during the night between September 5 and 6th, there was a fire in one of the buildings at BillerudKorsnäs’ production unit in Karlsborg. The fire started late in the evening on September 5th in and was isolated to one building. . The fire has been extinguished. The cause of the fire has not yet been determined. The production in Karlsborg has been stopped while the damage is being investigated.

"We can confirm that we have had a fire in Karlsborg during the night. The most important thing is that no person has been injured in the fire. Production has been stopped. We will know how long the production will be stopped when the extent of the damage has been determined. We have begun an investigation and will return with additional information when we know more about the consequences and when production can be restarted, "says Per Lindberg, President and CEO BillerudKorsnäs.

The production unit in Karlsborg manufactures sack and kraft paper as well as market pulp for the Packaging Paper business area and has a production capacity of approximately 300,000 tonnes per year.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4 300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News

CEO Per Lindberg comments on the development during Q2 2017:

“The market for sustainable packaging materials and solutions remains very encouraging. We delivered a stable result in the second quarter, despite the pressure from costs of external factors and the major disruption at Gruvön, which was communicated in May.

billkorlogoLooking ahead, we see that the path we have chosen is the right one. Markets are performing strongly over the short term, and in the long term the trend points to companies being ambitious in their sustainability efforts both in their business operations and their products. The prospects for growth are good.”    

THE RESULT

We delivered solid operating profit of SEK 489 million. Production was relatively stable and we had planned maintenance shutdowns at three of our production units over the quarter, which cost SEK 25 million more than we had estimated. In addition, we had SEK 25 million in costs for the shutdown of the pulp line for the fluting machine at Gruvön, which we communicated separately, as well as additional costs related to Rockhammar of approximately SEK 30 million. Our results were also negatively affected by increased costs of deliveries due to the strike at the Port of Gothenburg.

The business areas showed stable performance over the quarter on a strong market and we see some positive development in local prices. Consumer Board is showing volume growth of around 6% compared with the first half of last year.

MARKET OUTLOOK

The strong performance in the market by all business areas is expected to continue over the next quarter. The outlook is good and there are opportunities for further price increases, particularly in the Packaging Paper and Corrugated Solutions business areas.

Primary fibre-based material with high sustainability performance is our core business, but alongside this, our solutions-based offerings are growing rapidly. This is being driven by both demand for a comprehensive offering in which the material is a key component, and by other types of solutions and packaging services. We are seeing a trend of packaging gaining an increasingly important role in many brand owners’ efforts to make their products more competitive. The sustainability performance of packaging is particularly important. This continues to give us great confidence in our products and our development.

STRATEGY

We are continually reviewing and updating our growth strategy, but our chosen approach remains in place and we are firm in our belief in our clear focus on the effectiveness, sustainability and innovation of both new materials and new solutions and offerings. Achieving long-term growth requires resources and investments, along with a balance between a strong proactive approach and a focus on the right initiatives.

Packaging generates significant value for virtually all product value chains, and BillerudKorsnäs aims to shift its position forward in these chains. These efforts have created opportunities to develop new end-to-end solutions together with other companies such as our cooperation with Bosch on Axello Zap. This solution, which has only been in place for a year, is an example of where we see growing interest in end-to-end solutions with the potential to replace conventional packaging with more sustainable options. Also, it recently won a prize at Packaging Europe’s Sustainability Awards in the Bio-based Packaging category.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4 300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in financial News
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