Pulp-Paperworld.com / European News
Ahlstrom, a global leader in nonwovens and specialty papers, announces that it has completed the divestment of Ahlstrom Altenkirchen GmbH in Germany to Interface Solutions. Ahlstrom announced earlier this month the sale of the Altenkirchen site to Interface Solutions, a…
CSC IT Center for Science Ltd. is to establish one of the world’s most eco-efficient data centres in Kajaani, on the site of UPM's former paper mill. The data centre will be built jointly by CSC and UPM, and it…
Metso has been awarded a contract to deliver a major rebuild of the PM 9 tissue machine of Svenska Pappersbruket AB’s Klippan mill in Klippan, Sweden. The start-up of the rebuilt machine is scheduled for the third quarter of 2011.…
The Pallmann Group, the leading specialist in size reduction technology, announces the appointment of Mr Uwe Wicht as Vice President of its newly-formed recycling division. The appointment, which took effect on 1st September 2010, reinforces Pallmann’s increased focus on the…
Metso has concluded employee negotiations concerning all personnel groups at its Juankoski plant on December 16, 2010. The negotiation proposal was given on October 20, 2010 due to economic and production reasons. In the proposal the need for personnel reduction…
Jukka Pahta, 44, has been appointed Executive Vice President and Chief Financial Officer of Pöyry PLC. He will become a member of the Group Executive Committee of Pöyry PLC and report to Heikki Malinen, President and CEO of Pöyry PLC.…
Tuesday, 21 December 2010 09:22

UPM to acquire Myllykoski & Rhein Papier

UPM-Kymmene Corporation has entered into an agreement to acquire Myllykoski Corporation and Rhein Papier GmbH ("Myllykoski"). The approximate enterprise value of the businesses acquired is EUR 900 million. Myllykoski Corporation and Rhein Papier GmbH consist of seven publication paper mills…
The Board of Rottneros AB has decided to invest in closing the water loops in the bleaching plant at Vallvik Mill at a cost of SEK 90m. This investment comprises the final part of the programme of measures previously communicated…
Wednesday, 15 December 2010 12:30

Appointments in Metso Executive Team

Metso’s Board of Directors has decided on changes to Metso Executive Team. The appointments will become effective on March 1, 2011 when Matti Kähkönen starts as Metso’s President and CEO. Andrew Benko (b. 1949) has been appointed President, Mining and…
Stora Enso's www.storaenso.com/globalresponsibility web pages have won the European Excellence Award 2010 in the category of websites. The European Excellence Award competition focuses on outstanding achievements in different fields of communications. This year's Awards attracted an unprecedented number of over…
From the start of next year, the companies behind ScandFibre Logistics AB will be transporting 2.4 million tonnes of forest products by rail from Sweden to terminals that are convenient for European customers. Deregulation of freight traffic is increasingly allowing…
The CTMP line at Rottneros Mill has been at a standstill for around ten days, which corresponds to a loss of production of approximately 2,500 tonnes. The stoppage is due to the combination of extremely high electricity prices and high…
Metso will supply Hinton Pulp with a rebuild of their market pulp machine in Hinton, Alberta, Canada. The project will be delivered and installed in late 2011. The value of the order exceeds EUR 10 million. The order is included…
The first major implementation milestone has been reached relating to the operational excellence programme aiming at improving the efficiency and quality of operations and serving Pöyry's clientele in a cost-efficient way. Pöyry has made decisions to adapt capacity and to…
SCA has been awarded the Institute for the Accounting Profession in Sweden’s (FAR) prestigious prize for the Best Sustainability Report 2009 in the category Large companies. The award was presented today at Finforum 2010, an international conference in Stockholm, Sweden,…