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Adforum Up and coming Events News
Time to plan your trip to IPX India, opening on December 13, 2012
Adforum and InterAds Brooks have the pleasure of inviting you to IPX India, the important platform for international companies and industry professionals wanting to explore the exciting and rapidly growing pulp and paper market in India.
Held in Mumbai, the commercial and financial capital of India, the event consists of not only an exhibition and top level technical conference but also business oriented seminars as well as social activities. The conference will take place on the exhibition floor bringing all participants of the IPX India event closer together. The conference programme will be announced within the next couple of weeks.
There are a few spaces left in the hall, contact This email address is being protected from spambots. You need JavaScript enabled to view it. for more information. Welcome to visit www.ipxindia.com
Five months left to IPX Russia in Moscow
Russia has considerable raw material potential and the investment climate in the country is now appealing for large-scale projects in the pulp and paper industry. On April 9-11, 2013, IPX Russia, the international business platform for the industry, will bring together industry professionals from all relevant sectors with companies eager to present their latest innovations.
IPX Russia is officially supported by the Russian Association of Pulp and Paper Organizations and Enterprises RAO BUMPROM – the main professional organization in pulp and paper industry of Russia. The event will run alongside the well established and reputable International Forestry Forum as well as BioEnergy Russia. More information about the event can be found in the Exhibitor Invitation or on www.ipxrussia.com
China Paper / China Forest 2013 – booking in full progress
China Paper 2012 in Shanghai last month was once again a huge success with visitor figures up 11% from last year.
On September 2-4, 2013, we open up the doors to the 21st edition of the China Paper / China Forest event, this time in Beijing. Bookings are received daily and we urge all exhibitors with an interest in this exhibition to contact us sooner rather than later to ensure a good stand location and to benefit from our Early Bird offer, valid until November 30.
Welcome to visit www.chinapaperexpo.cn or contact us at This email address is being protected from spambots. You need JavaScript enabled to view it.
BioFuture for Mankind – PulPaper 2014 Conference theme
The 8th edition of PulPaper, one of the world’s premier pulp and paper exhibitions, coincides with the 100th anniversary of PI, the Paper Engineers’ Association. For this special occasion, the global industry will once again be gathered in Helsinki, Finland.
BioFuture for Mankind – this is the main theme of the PulPaper 2014 Conference, describing not only the global importance of bioeconomy, but also its effect on every human being.
To celebrate the 100th anniversary of PI in style a big party will be held in the evening of June 4, 2014, giving participants of PulPaper 2014 the chance to mingle, network and enjoy good food and drink in the extraordinary surroundings of the brand new Helsinki Music House.
Interested in exhibiting at the most important event in the industry in 2014? Contact Adforum to secure your prime location in the hall! Read more in the recent Press release or on www.pulpaperevent.com
Share ownership plan of Outotec Executive Board members to be dissolved
Share ownership plan of Outotec Executive Board members to be dissolved through a share exchange
Outotec Executive Board members established in May 2010 a company named Outotec Management Oy, which acquired 203,434 Outotec shares at the average price of EUR 27.71 from the market as part of the management incentive plan. The Executive Board members personally invested their own funds in Outotec shares, EUR 1,203,217 in total, financing their investments partly themselves and partly by a loan of EUR 4,365,000 provided by Outotec. Members of the Outotec Board of Directors are not shareholders in Outotec Management Oy. The share ownership plan with its key terms and conditions was announced on May 21, 2010.
In accordance with its terms and conditions, the share ownership plan shall be dissolved after the publication of Outotec Oyj's Interim Report Q1/2013, and the parties to the plan shall agree on the dissolution method by October 31, 2012. The benefit of all parties shall be taken into consideration when selecting the dissolution method.
Outotec's Board of Directors has decided that the share ownership plan of Outotec Executive Board members shall be dissolved through a share exchange so that all the shares in Outotec Management Oy will be transferred to Outotec Oyj against Outotec shares. Through Outotec Management Oy, Outotec Oyj will also receive 203,434 own Outotec shares as well as the company's loan receivable and accrued interest in full from Outotec Management Oy. The number of new shares to be given in the share exchange shall be determined on the basis of Outotec Management Oy's net assets as of the date of dissolution of the plan. With the share exchange the Executive Board members' previously indirect share ownership will become a direct ownership in Outotec. The dissolution requires that the Board of Directors of Outotec continues having a valid share issue authorization granted by the Annual General Meeting necessary for the execution of the share exchange.Afterwards the intention is to merge Outotec Management Oy with Outotec Oyj. In this connection the loan granted to Outotec Management Oy will be set off and the Outotec shares held by Outotec Management Oy will transfer to Outotec's direct ownership.
However, the share ownership plan will be continued by one year at a time, in case the Outotec share price during five trading days after the publication of the Interim Report Q1/2013, Q1/2014, Q1/2015 or Q1/2016 is lower than the average share price which Outotec Management Oy paid for its Outotec shares. The dissolution of the plan and possible delay in such dissolution will be announced separately.
Ahlstrom completes the acquisition of Munktell
Ahlstrom, a global high-performance materials company, has completed the acquisition of Munktell Filter AB. The company produces filtration materials mainly for life science and laboratory applications.
Under the agreement, Ahlstrom acquired 100 percent of the shares in Munktell Filter AB, as well as its holdings in Munktell & Filtrak GmbH, Filtres Fioroni SA and Munktell Inc. Through the transaction, Ahlstrom will become a global leader in life science and laboratory filtration materials.
The transaction was announced on September 5, 2012.
Gardner Denver Confirms Exploration of Strategic Alternatives to Enhance Shareholder Value
Gardner Denver, Inc. has confirmed that its Board of Directors, working together with its management team and the Company's financial advisor, Goldman, Sachs & Co., are exploring strategic alternatives to enhance shareholder value. These alternatives could include, among other things, enhancing the Company's existing strategic plan or a possible sale or merger of the Company.
The Company stated that no decision has been made and that there can be no assurance that the Board's exploration of strategic alternatives will result in any transaction being entered into or consummated. Gardner Denver does not intend to discuss or disclose developments with respect to this process until the Board has approved a definitive course of action.
Meech presented with Queens Award by Her Majesty’s Lord Lieutenant of Oxfordshire
Meech International was presented with its 2012 Queens Award for Enterprise: International Trade by Mr Tim Stevenson OBE, Her Majesty’s Lord Lieutenant of Oxfordshire, on Tuesday this week.
Also in attendance were Mr William Alden, the High Sheriff of Oxfordshire; Mr Derek Cotterill, the Chairman of the West Oxfordshire District Council; Mr Ian Hudspeth, the Leader of the Oxfordshire Council and Mr Harry Eaglestone, the Mayor of Witney.
The presentation coincided with Meech’s annual International Sales Meeting which allowed key company representatives from around the world to share in the celebrations firsthand, fitting for receipt of an award in International Trade.
“Meech should keep an annual slot in its calendar for a Queens Awards celebration,” Mr Tim Stevenson declared in his speech, “Having won an award twice in three years it would be a triumph to win three awards for the county of Oxfordshire.”
“We are delighted to have been presented with our second Queens Award,” confirmed Chris Francis, Managing Director at Meech. “All successful businesses depend on just a few things: people, creativity and longevity, and Meech has some of the best staff we could wish for. It is down to you that we have accomplished this achievement yet again.”
Meech, which is based in Witney, Oxfordshire, was granted the award for a second time for its ‘outstanding achievement in export sales, having continued to grow the business as a whole since 2008, with overall growth in overseas sales reported of 63%’.This success is driven by a strategy that focuses sales activity into geographic areas and market segments where the company’s products can be differentiated over those of competitors, and where the company can identify and build relationships with customers.
Jürgen Amedick becomes new CEO for the Siemens Drives Portfolio
Jürgen Amedick took over the leadership of the Large Drives Business Unit of the Siemens Drive Technologies Division on October 1, 2012. The Large Drives Business Unit develops, manufactures, and markets products, systems, solutions, and services for drive engineering in industrial and infrastructure application as well as industries such as shipbuilding, pulp and paper, mining, and cement.
Amedick follows Jürgen Brandes, who took over the leadership of the Rail Automation Business Unit in the Infrastructure & Cities Sector. Amedick most recently headed the Products segment of the Large Drives Business Unit. The 53-year-old engineer has been at Siemens since 1984 and started his career as a project engineer. Afterwards, Amedick held several positions in engineering, sales and management. After being in charge of the automation and drives business in Canada for three years, Amedick took over the leadership of the Standard Drives Division in 2008, which was transferred to the Large Drives Business Unit in 2010.
Lenzing Repeats Last Year’s Success and Wins Austrian Ranking in the Category “Big Player“
For the 14th time, the business daily WirtschaftsBlatt set out to identify the most successful companies in Austria together with the credit reference agency KSV1870 and PwC. Lenzing AG once again convinced the jury and won the Austrian ranking in the category “Big Player” for the second time. A firm’s good performance over a period of years and not short-term business results is what counts for the Austrian Leading Companies Award. The current analysis took account of the company’s performance in the years 2009-2011. The issue of sustainability also plays a major role in this competition.
Lenzing CEO Peter Untersperger is pleased with this award. “This victory again in the overall Austrian rankings impressively underlines the fact that Lenzing belongs to the premier league of Austrian companies”, he says.
For years the Lenzing Group has achieved good results and also operates extremely successfully. Viscose fibers are in vogue around the world, and demand is steadily rising. For this reason, the global market leader Lenzing is in the midst of a Group-wide expansion program which aims to almost double current fiber production capacity to 1.2 mn tons by 2015.
Billerud's CEO comments on Stable earnings
CEO Per Lindberg comments on the development during Q3 2012:
“The year’s third quarter shows continued stability of order bookings, net sales of SEK 2 628 million and an operating profit of SEK 161 million. I am fairly satisfied with this result, as it takes into account two maintenance shutdowns and the impact of a stronger Swedish krona. During the quarter we announced price increases for containerboard. Price increases announced earlier for kraft and sack paper show through in third quarter earnings, although at a level somewhat below expectations. This was a factor in a 2% price increase for packaging paper during the quarter.
The contribution of our Finnish production units to the business is developing according to plan and benefits from the acquisition are shown. In the course of the next quarter, our short-term service agreement with UPM expires. We will then operate independently in order processing, IT systems and operations. This will create better opportunities to obtain synergies from the acquisition. Because the Finnish acquisition sharply reduces our exposure to the market pulp market, we will no longer report our sales of market pulp separately. Instead, as of this quarter, this business will form part of the Packaging & Speciality Paper business area.
Work on preparations to complete the combination with Korsnäs and plan for integration of the companies is in full swing. We await decisions from the competition authorities concerned in mid-November. The combination is still assessed to take place during the fourth quarter of 2012.
Against that background, we are looking forward to a fourth quarter in which we can launch the next phase in the company’s expansion, with new and exciting opportunities for BillerudKorsnäs. Despite increasing signals of a challenging economic scenario and a currently tougher currency situation, I face the future full of confidence.”
ANDRITZ to supply electromechanical equipment for Xayaburi hydropower plant
International technology Group ANDRITZ has received an order from CH. Karnchang (Lao) Company Ltd. to supply the electromechanical equipment for the Xayaburi run-of-river hydropower station, Lao People’s Democratic Republic. The order value is about 250-300 MEUR and the order is planned to come into force during the next six months. Start-up is scheduled for the end of 2019.
ANDRITZ HYDRO emerged as best bidder in an international tendering process with suppliers from Europe and Asia and will deliver seven Kaplan turbines, each with an output of 175 MW, an additional Kaplan turbine with an output of 68.8 MW, generators and governors, automation systems, and additional equipment. With a nominal capacity of 1,285 MW, the Xayaburi run-of-river hydropower station will have an annual output of 7,406 GWh (equal to the capacity of an average European nuclear power plant) and will provide electricity for around one million households. The size of the hydropower plant is comparable to medium-sized plants, for example in North America. Unlike storage power plants, only small volumes of water are stored in run-of-river hydropower stations.
Due to the shortage or entire lack of other energy resources, Laos has focused for years on expanding hydropower in order to improve the standard of living of its population (half of the population has no electricity supply), stimulate the country’s economic growth, and reduce its dependence on fossil energy resources.
In collaboration with European experts, the Lao government has generally approved the project on the basis of accompanying measures addressing ecological and social aspects. In the course of the further process, the accompanying measures (for example fish ladders) will be defined in detail in cooperation with all stakeholders involved.
The modern technology offered by ANDRITZ HYDRO and the successful supply of electromechanical equipment by ANDRITZ for Nam Theun II hydropower plant in Laos, which went into operation in 2010, were decisive in award of the order. Nam Theun is considered a showcase project worldwide for sustainable hydroelectric power plants and a project in which numerous accompanying social and ecological measures were implemented successfully in compliance with the guidelines of the World Bank and the International Monetary Fund.
Michael Drage joins Toscotec North America
Toscotec S.p.A., the market leader in the fabrication of Steel Yankee Dryers and the supplier of complete TAD and Crescent Former paper machines, has announced that Michael Drage has joined the group as Director of Business Development for North America.
Drage comes to Toscotec North America, the organization located in Green Bay (WI), with over 20 years of tissue industry experience, previously holding the position of President and COO at Fabio Perini North America. Drage will be in charge of building a sales and service organization to better serve Toscotec’s expanding business in the United States and Canada.
In addition to the tissue industry, Toscotec supplies machinery to the paper and board industry, and also the Milltech Drying and Environmental Equipments , for both tissue machine and converting applications.