Resulting emissions reduction expected to be equivalent to preventing the burning of more than 21 million kilograms of coal per year
Thermal Energy International Inc. (“Thermal Energy” or the “Company”) (TSX-V: TMG), a global provider of industrial and institutional energy efficiency solutions, has been engaged by an existing pulp and paper customer to design, develop and implement a major energy efficiency improvement and greenhouse gas reduction project. The project includes the installation of two of Thermal Energy’s proprietary FLU-ACE® Heat Recovery Systems and the conversion of the mill’s steam traps to Thermal Energy’s proprietary GEM™ Steam Trap system.
Once completed, the $11 million project is expected to provide the customer with annual natural gas savings of more than 35%, while reducing its annual greenhouse gas emissions by more than 20%, or approximately 43,000 metric tonnes.
“Pulp and paper is one of the most energy intensive sectors and our energy efficiency solutions represent a win-win scenario,” said William Crossland, CEO of Thermal Energy. “We have been working in partnership with this customer over the past year to develop a turn-key project that meets both their energy savings and greenhouse gas reduction goals. This resulted in our largest single order to date and a project that can serve as a blueprint for other large energy users around the world looking for an optimal solution for fighting climate change, by providing significant reductions in carbon emissions and energy use while, at the same time, delivering a high return on investment”
The estimated annual reduction in greenhouse gas emissions resulting from the project, once complete, is equivalent to:
- Removing 9,208 passenger vehicles from the road
- Preventing the burning of more than 21 million kilograms of coal
- The benefit from installing 11 large scale wind turbines with an estimated cost of about $47 million
This project represents Thermal Energy’s largest heat recovery and largest GEM orders to date and is expected to be substantially completed and revenue earned over the next 18 months.
About Thermal Energy International Inc.
Thermal Energy International Inc. is an established global supplier of proprietary, proven energy efficiency and emissions reduction solutions to the industrial and institutional sectors. We save our customers money and improve their bottom line by reducing their fuel use and cutting their carbon emissions. Our customers include a large number of Fortune 500 and other leading multinational companies across a wide range of industry sectors.
Thermal Energy is also a fully accredited professional engineering firm and by providing a unique mix of proprietary products together with process, energy and, environmental engineering expertise, Thermal Energy is able to deliver unique turnkey projects with significant financial and environmental benefits for our customers.
Thermal Energy's proprietary products include; GEMTM - Steam traps, FLU-ACE® - Direct contact condensing heat recovery, and Dry-Rex® - Low temperature biomass drying systems.
Thermal Energy International Inc. has offices in Ottawa, Canada as well as Bristol, U.K., United States, Germany, Italy and China. The Company’s common shares are traded on the TSX Venture Exchange (TSX-V) under the symbol TMG.
 United States Environmental Protection Agency’s Greenhouse Gas Equivalencies Calculator: www.epa.gov/energy/greenhouse-gas-equivalencies-calculator
 The Cost of Wind Energy in the US: www.awea.org/falling-wind-energy-costs
Kemira announces a price increase for its paper wet strength products in EMEA. The adjustment will be effective immediately or as customer contracts allow.
The price increase of the wet strength chemicals will be up to 15%, depending on the specific formulations and can differ in selected geographies. This adjustment is necessary due to significant increase in key raw material costs.
SVP, Commercial, Pulp & Paper, EMEA
Tel. +49 171 802 8790
Director, Product Line Management, Pulp & Paper, EMEA
Tel. +358 50 409 9264
Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise, application know-how and chemicals that improve our customers' product quality, process and resource efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2016, Kemira had annual revenue of around EUR 2.4 billion and 4,800 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd. www.kemira.com
When upgrading its PM 2, Koehler Kehl opted for products from Voith's AdvancedPRODUCTS range that enable the company to reduce the machine's water consumption, achieve a faster starting curve and at the same time improve paper quality.
One of Koehler’s major strengths is its willingness to constantly improve. This is why for the upgrade of the press section on the PM 2 the focus was on achieving more stable operation, reliable planning of shutdowns and improved safety in the production process. On the PM 2, the company produces just short of 130,000 metric tons of thermal paper per year with basis weights of between 35 and 47 g/m².
In the course of various improvement measures, Voith fitted the press section with products from PressMax range of its AdvancedPRODUCTS. The prime objective was to continually improve the quality of the paper grades and reduce its operational costs.
The latter was especially achieved by using of the QualiFlex press sleeves for the shoe press. Refinements were made to the sleeves and their abrasion behavior was improved. On the PM 2 this led to a doubled runtime. This reduced the maintenance work for replacing the shoe press covers. Previously, the press sleeves had needed to be changed after 180 days on average.
An increase in productivity was also the reason for introducing press felts with PeakElement which allow a faster start and better nip dewatering than standard felts. As a result, the start-up curve of the machine could be shortened considerably following the felt change. “With the installation of the Voith products, we were able to clearly improve the start-up curve after felt change on the PM 2. The machine can be brought to its maximum speed faster and with fewer problems, resulting in greater availability and lower operating costs,” states Joachim Fuchs Productionmanager PM 2 / CM 2 at Koehler Kehl Germany.
In addition, the measurements taken by the FeltView system delivered important moisture and permeability data for targeted conditioning of the pick-up felts. Koehler can use this data to continually optimize machine settings and improve efficiency. Critical felt conditions can be identified before they impair the process and the felts are run in optimum operating condition. FeltView also makes manual measurements redundant, which ultimately improves the safety of the production process.
About Voith Paper
Voith Paper is a Group Division of Voith and the leading partner and pioneer in the paper industry. Through constant innovations, Voith Paper is optimizing the paper manufacturing process, focusing on developing resource-conserving products to reduce the use of energy, water and fibers. Furthermore, Voith Paper offers a broad service portfolio for all sections of the paper manufacturing process.
For 150 years, Voith’s technologies have been inspiring customers, business partners and employees worldwide. Founded in 1867, Voith today has around 19,000 employees, sales of €4.3 billion and locations in more than 60 countries worldwide and is thus one of the largest family-owned companies in Europe. Being a technology leader, Voith sets standards in the markets of energy, oil & gas, paper, raw materials and transport & automotive.
Archana Ashok was awarded the Bo Rydin Foundation for Scientific Research grant for Best Master’s Thesis Project 2017. Her project “Textile paper as a circular material” was carried out within the transdisciplinary TechMark Arena master students’ academy at RISE Bioeconomy division.
Bo Rydin Foundation for Scientific Research annually awards a grant for the year's best master's degree project within SCA's strategic areas; personal hygiene products, tissue paper or forest products.
Archana Ashok, KTH, is rewarded for her project “Textile paper as a circular material” which evaluated circularity of a new paper manufacturing concept where the raw material is largely made up of low value fibres from textile recycling plants. According to the circular economy framework, this is a cascade recycling of fibres from the textile industry to the paper industry, forming thus an industrial symbiosis.
Previously, the textile paper material was produced on a pilot scale at RISE and used as the cover of the Global Outlook report A Cellulose-Based Society, demonstrating thus technical feasibility of producing this circular material. Archana's project took the concept to a new level by investigating whether the textile paper is suitable as a circular packaging material for paper bags. In particular, evaluations of technical performance, environmental and economic aspects of the new material as well as market conditions were combined in a multi-dimensional context of circular economy. The result showed that it could be better to use low value textile fibres as a circular material instead of incinerating it, which is a common practice nowadays.
“Archana's project was unique because it was the first time that we both evaluated and quantified the circularity of a new material by applying circular economy framework. Both research and industry actors will be able to use her results as a guideline and inspiration in evaluating their materials and products,” says Tatjana Karpenja, one of the supervisors at RISE.
“The 6 months journey at RISE was really exciting and fun-filled with the TechMark Arena group having lots of discussions and workshops on circular economy,” says Archana Ashok.
This is the second time in three years this prize goes to a student at TechMark Arena. This transdisciplinary academy brings together master students from various backgrounds in order to work on a common theme. This arrangement encourages a broader approach to a topic and ensures a greater exchange of ideas between students and increased knowledge sharing between different projects. Archana’s supervising team involved Tatjana Karpenja, Marie-Claude Béland, Karin Edström, Hjalmar Granberg and Ida Kulander.
Another project from TechMark Arena 2017 was nominated for the award. Emma Dahlgren at Linköping University with her project “Exploring biodegradable electronics”, aimed at an innovative area, using cellulose substrates for electronics, which would bring both environmental benefits and cost advantages. This research field is an expanding research area currently being explored within RISE.
For more information, please contact Tatjana Karpenja, +46 768767026, email@example.com
For information about the textile paper, see http://www.innventia.com/en/About-us/News1/New-circular-material-with-industrial-symbiosis-in-focus/
In the world of packaging it is sometimes complicated to achieve something that looks simple, minimalist and elegant. The paperboard cartons for Jimmy Choo’s L’EAU that was launched in summer 2017 is a clear example of this. Its colour is pale pink apart from the brand, the name of the contents, and the fact that it is an eau de toilette. Yet the packaging has passed through twelve finishing stages.
The carton is made of Invercote from Iggesund Paperboard. Conversion is by the distinguished French printing company Draeger on behalf of Interparfums. The packaging is offset printed on both the inside and outside. The printing on the inside is in a pale pink shade, which creates the mood around the bottle. Externally the packaging has a blind-embossed snakeskin pattern plus two rows of text on the front. The outside is also laminated with soft touch film, matt varnished, and foil embossed with both silver film and holographic film.
“Our choice to use Invercote G was motivated by the fact that its smooth surface allowed a very faithful reproduction of our design in terms of color and hot foil stamping. It also brings great embossing properties to achieve the impressive snakeskin pattern on the whole packaging” says Axel Marot, Supply Chain & Operations Director at Interparfums. For producers of advanced paperboard packaging involving many finishing stages, one paperboard property can be of critical importance to the end result: dimensional stability. This may not be the first thing people consider when choosing a material but experienced converters always include it in their calculations.
“If you have twelve finishing stages and get a misregister at stage ten, you don’t just lose the material but also all the work you invested prior to that,” explains Edvin Thurfjell, product manager for Invercote. “In today’s world of ever-increasing time pressure you also risk missing delivery times – and for many projects that just cannot be allowed to happen.”
In Invercote’s case the secret is a combination of a high proportion of long cellulose fibres from pine and spruce plus the sulphate process that extracts these fibres in a gentle way. In addition, the paperboard is constructed in several layers. This is not only important for dimensional stability; it also reduces the risk of cracks in creases compared with single-ply paperboard and paper. However, there is no simple measurement of dimensional stability that customers can find among the lists of specifications from paperboard manufacturers.
“For people who do read these specifications, two clues are high values for tearing strength and tensile strength. But I believe that a large proportion of our customers have discovered this strength from their own experience,” Thurfjell says.
As a product manager he believes, naturally enough, that people should pay more attention to their choice of material.
“As someone who is interested in packaging, I think it’s a pity when people compromise on their choice of material and endanger all the work that’s been invested before the production even starts. When people hire the best creatives and choose star photographers and models but don’t understand that the quality of the packaging material must be correspondingly high, then I do wonder if they’re thinking along the right lines.”
Iggesund Paperboard is part of the Swedish forest industry group Holmen, one of the world’s 100 most sustainable companies listed on the United Nations Global Compact Index. Iggesund’s turnover is just over €500 million and its flagship product Invercote is sold in more than 100 countries. The company has two brand families, Invercote and Incada, both positioned at the high end of their respective segments. Since 2010 Iggesund has invested more than €380 million to increase its energy efficiency and reduce the fossil emissions from its production.
Iggesund and the Holmen Group report all their fossil carbon emissions to the Carbon Disclosure Project. The environmental data form an integral part of an annual report that complies with the Global Reporting Initiative’s highest level of sustainability reporting. Iggesund was founded as an iron mill in 1685, but has been making paperboard for more than 50 years. The two mills, in northern Sweden and northern England employ 1500 people.
Sappi Limited, a leading global producer of dissolving wood pulp, speciality and packaging papers, graphic (printing and writing) paper and biomaterials, today announced that it had signed an agreement to acquire the speciality paper business of Cham Paper Group Holding AG (CPG) for CHF146.5 million (approximately $149 million).
The transaction includes the acquisition of CPG’s Carmignano and Condino Mills in Italy, its digital imaging business located in Cham, Switzerland as well as all brands and know-how. It will be funded through internal cash resources. The transaction is conditional on the approval from certain competition authorities. We expect the acquisition to be completed during the first calendar quarter of 2018.
The main benefits of the acquisition include:
- Supports Sappi’s diversification strategy and 2020vision to grow in higher margin growth segments
- Strengthens Sappi Europe’s speciality and packaging papers footprint and skills; adds 160,000 tons of speciality paper to our capacity
- Increases Sappi’s relevance in speciality papers, opening up new customers and markets to Sappi’s existing products and generating economies of scale and synergies
- Gaining greater share-of-wallet with valued brand owners; accelerating innovation and new product development
- Improved near-term profitability and serve as platform for organic growth and further acquisitions. Will add €183 million of sales and approximately €20 million of EBITDA before taking into account synergies
- Builds on the investments currently underway to increase speciality paper capacity at our Somerset, Maastricht and Alfeld Mills
- Unlocks the growth potential of the CPG speciality paper business
Commenting on the transaction Steve Binnie, Chief Executive Officer of Sappi Limited, said:
“This acquisition further strengthens Sappi’s speciality paper business both in Europe and globally by combining Cham’s strong brands and assets with Sappi’s global reach. This transaction will increase profitability and unlock the significant growth and innovation potential inherent within the speciality paper market. I am very pleased that we have taken another signification step towards realizing our Vision2020 goal.”
Berry Wiersum, CEO Sappi Europe stated:
“We are very excited about the possibilities this transaction opens up for Sappi as well as for Cham’s highly respected business. The products and brands which have been acquired are an excellent complement to our market offering, enabling us to offer our existing, as well as new customers in Europe, North America and globally, a broader range of products coupled with excellent customer service.”
The speciality paper business of CPG will continue to operate separately and independently from Sappi until clearances from the authorities are obtained.
About Sappi Limited
A global leader in dissolving wood pulp and paper-based solutions, Sappi Limited (listed and in the Top 40 on the JSE - SAP), is headquartered in Johannesburg, South Africa; has over 12,000 employees; manufacturing facilities on three continents, in seven countries (eight operations in Europe, three operations in America and five operations in South Africa) and customers in over 150 countries worldwide
Sappi works closely with customers to provide relevant and sustainable dissolving wood pulp, paper (speciality, packaging and graphic), paper pulp, and biomaterial products and related services and innovations. Our market-leading range of paper products includes: flexible packaging, label, release liner, containerboard and fluting, coated fine papers, casting release papers and in our Southern African region newsprint, uncoated graphic and business papers. These products serve the fashion, FMCG and industrial sectors. Our dissolving wood pulp products are used worldwide by converters to produce viscose fibre, pharmaceutical products as well as a wide range of household and consumer products.
We continue to grow into a profitable and cash-generative diversified business with an exciting future in woodfibre, a renewable resource.
About Cham Paper Group Holding AG (CPG): CPGN (SWX) The Cham Paper Group Holding AG is a leading manufacturer of coated speciality papers. The company was founded in 1657. Following the divestment of the paper business, the company will focus on its real estate business and will operate under the name «Cham Group».
Carmignano Mill (Carmignano di Brenta, Padua, Italy): This is a non-integrated paper mill with two paper machines. The plant can produce 100 000 tons of paper and employs 210 people. Paper grades include C1S FlexPack, C1S Label Papers, Wet Glue and Self-Adhesive applications, base paper for metallisation
Condino Mill (Borgo Chiese, Trento, Italy): This is a non-integrated paper mill, with one paper machine. The mill employs 120 employees and can produce 60 000 tons of paper per year. Paper grades include glassine (silicone base paper) and super calendared, uncoated flexible packaging papers.
Digital Imaging Business (Cham, Canton Zug, Switzerland): A finishing plant is located in Cham Switzerland, in a 4000sqm industrial warehouse where the base paper from Condino or Carmignano mills are converted to produce 12 000 tons of digital imaging paper. The business employs 50 people.
Cham Paper Group sells its speciality paper business to the South African Sappi Limited, one of the world's leading pulp and paper companies. The integration of the speciality paper business into the Sappi Group will open up new perspectives for the two high-performance plants of Cham Paper Group in Carmignano and Condino as well as for their employees and for the Digital Imaging team in Cham. The transaction is subject to the approval of anti-trust authorities. Following the divestment of the paper business, Cham Paper Group will focus on its real estate business. The group is pushing ahead the transformation of the «Papieri» area in Cham into a new, attractive urban quarter.
The Sappi Group, which is domiciled in Johannesburg and listed on the Johannesburg stock exchange, develops, produces and sells dissolving wood pulp, speciality, packaging and graphic paper, as well as biomaterials. It employs around 12,000 people with production facilities across 7 countries on 3 continents and customers in over 150 countries. It has focused its development in various areas of the speciality paper market. The integration of Cham Paper Group's speciality paper business into a strong, globally positioned Group will open up new opportunities for this business as regards procurement, market development, product innovation, expansion opportunities and staff development.
In recent months, the Cham Paper Group's Board of Directors has examined all strategic options for the company's future success following the relocation of the speciality paper production from Switzerland to Italy and the comprehensive modernisation of the plants in Carmignano and Condino. Although Cham Paper Group's profitable speciality paper business is well positioned today, it is still too small to develop its market position on its own in the long term. Accordingly, selling it to the Sappi Group is an optimal solution.
The sale of the speciality paper business requires a change in the corporate purpose of Cham Paper Group Holding AG. The shareholders may vote on the proposal at an Extraordinary General Meeting. The alteration of the company's purpose requires the approval of at least two-thirds of the votes represented at the General Meeting. In addition, the transaction is subject to the approval of anti-trust authorities. The transaction is expected to close in the first quarter of 2018.
Following the divestment of the speciality paper business, the company will focus on its real estate business and will operate under the name «Cham Group». The sale at an enterprise value of CHF 146.5 million will result (after deduction of bank debt, liabilities and cost) in an inflow of approximately CHF 125 million in cash to the Group. These financial resources increase the flexibility for the development of the «Papieri» project. For example, the resulting higher equity ratio means that a higher proportion of investment properties could be considered at the expense of the condominium ownership ratio. Real estate investments beyond the «Papieri» site are also possible.
The Board of Directors intends to make the Cham Group share an attractive dividend-bearing security for the long-term. A base dividend of at least CHF 6.00 per share will be proposed to the General Meeting of Shareholders as of the financial year 2017. The distribution is tax-free from capital reserves. As soon as the «Papieri» site yields regular income, which is likely to be the case from 2022 onwards, the dividend will be based on the actual profit generated.
Cham Paper Group
The Cham Paper Group is a leading manufacturer of coated speciality papers. Surface finishing lends papers properties that generate value added for its customers. The company, which was founded in 1657, has three sites, one in Switzerland (Cham) and two in Italy (Carmignano and Condino), and a global sales network.
The decision to focus on development and sales and discontinue paper manufacturing in Switzerland has made way for a new project on the factory site in the centre of Cham. The Cham Paper Group is developing an eleven-hectare quarter there called the Papieri site.
The Cham Paper Group (stock exchange symbol: CPGN) is listed on Switzerland's SIX Swiss Exchange.
Clearwater Paper Corporation (NYSE:CLW) has just announced that Beth Ford has been appointed as chair to the company's board of directors effective January 1, 2018.
Ms. Ford, the chief operating officer for Land O'Lakes Businesses, has served on the Clearwater Paper board of directors since 2013. As chief operating officer, Ms. Ford oversees Land O'Lakes' multi-billion dollar U.S. businesses, which include Purina Animal Nutrition, Land O'Lakes Dairy, and Winfield United, which provides crop inputs and agriculture technology solutions. In her 30 years in business, Ms. Ford has held senior and line leadership positions in seven companies across six industries, including roles at International Flavors and Fragrances, Mobil Corporation, PepsiCo and Pepsi Bottling Company, and Hachette Book Group and Scholastic, Inc.
"We greatly value the retail, supply chain, and operations insight Beth brings to us, which will help us improve our competitive position and succeed in the marketplace," said Linda Massman, president and CEO. "On behalf of the Clearwater Paper team, we extend our congratulations to Beth as our new board chair."
Ms. Ford will succeed Boh Dickey as chair. Mr. Dickey has been a Clearwater Paper board member since 2008 and chair since 2013. He is expected to retire from the company's board at the end of his current board term in May 2018 pursuant to the company's corporate governance guidelines.
"Boh has been a driving force in developing and guiding our strategy, positioning Clearwater Paper as one of the largest private label tissue manufacturers and an efficient paperboard manufacturer, serving our customers well over the years," added Massman. "I thank him for his numerous contributions and critical decisions that have helped make our company more successful."
With today's announcement, Clearwater Paper will be one of the few publicly-traded companies in the U.S. with women serving as the CEO and non-executive board chair.
ABOUT CLEARWATER PAPER
Clearwater Paper manufactures quality consumer tissue, away-from-home tissue, parent roll tissue, bleached paperboard and pulp at manufacturing facilities across the nation. The company is a premier supplier of private label tissue to major retailers and wholesale distributors, including grocery, drug, mass merchants and discount stores. In addition, the company produces bleached paperboard used by quality-conscious printers and packaging converters, and offers services that include custom sheeting, slitting and cutting. Clearwater Paper's employees build shareholder value by developing strong customer partnerships through quality and service.
Source: Clearwater Paper Corporation - http://www.clearwaterpaper.com/
Solenis, a leading global producer of specialty chemicals, will increase prices by up to 20 percent on all alkaline sizing products globally, effective immediately or as customer contracts allow. The price increase is necessary due to the increase in certain raw material costs combined with a tightening overall global supply chain.
Solenis is a leading global producer of specialty chemicals for water intensive industries, including the pulp, paper, oil and gas, chemical processing, mining, biorefining, power and municipal markets. The company’s product portfolio includes a broad array of process, functional and water treatment chemistries as well as state-of-the-art monitoring and control systems. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets and minimize environmental impact. Headquartered in Wilmington, Delaware, the company has 37 manufacturing facilities strategically located around the globe and employs a team of approximately 3,700 professionals in 118 countries across five continents. For additional information about Solenis, please visit www.solenis.com
Valmet will deliver a new high capacity chipping line and chip handling system to Sappi Southern Africa (Pty) Ltd, Saiccor mill. The upgrade targets to increase the chipping capacity, to improve chip quality and minimize wood losses. The chipper will be delivered and installed at the end of 2018 and the start-up is planned for January 2019.
The order was included in Valmet's third quarter 2017 orders received.
"Valmet's high capacity drop feed chipper was found to be favourable for the new wood yard's current and future mill capacity requirement," says Ryno Eksteen, Senior Regional Project Manager at Sappi.
"Valmet's wood handling business continues to flourish in the South African market area. With our biggest drop feed chipper this project will be extremely important to us and we are delighted that Sappi once again trust our technology and capabilities. We look forward to working with the Sappi team," says Jussi Taskinen, Manager, R&D, Product Portfolio & Strategy at Valmet.
Details about the order
The order consists of a chipping line with a Camura GS1300 chipper and chip handling with storing and screening, including machinery, commissioning, training and start-up supervision. Mechanical installation of the chipping line is also carried out by Valmet.
About Sappi Saiccor mill
The Saiccor mill, situated 50 km south of the port of Durban in the province of KwaZulu-Natal in South Africa, is one of the production facilities for Sappi Specialised Cellulose. The mill has the capacity to produce approximately 800,000 tons of elemental chlorine free (ECF) dissolving pulp (DWP) per annum, mostly for export market. DWP is sold to converters to manufacture a wide range of consumer products, but in particular for viscose staple fibre (VSF) used in clothing and textiles.
Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.
Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.
Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.