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Valmet maintains its position among the world's sustainability leaders
Valmet has been included in the Dow Jones Sustainability Index (DJSI) for the second consecutive year. The DJSI is a sustainability index family which includes the global sustainability leaders across industries. Valmet was listed both in the Dow Jones Sustainability World and Europe indices.
"Being included in the Dow Jones Sustainability Index for the second year in a row is an excellent achievement for Valmet. It shows that we have been able to constantly improve our sustainability performance. We have systematically proceeded with our sustainability agenda and continued to nurture our shared values and global operating principles which serve as a strong foundation for all of us at Valmet," says Pasi Laine, President and CEO of Valmet Corporation.
The annual evaluation conducted by a Swiss investment specialist RobecoSAM comprehensively reviews the company's performance with regard to social, environmental and financial factors. In total 317 companies were included in the DJSI World for 2015-2016. In addition to Valmet, three other companies from Finland are included in the World index this year.
About the Dow Jones Sustainability Indices
The DJSI is the world's leading sustainability index family. It serves as a benchmark for investors who are committed to ethical investing and review companies' sustainability performance as part of their analyses. The company inclusion is based on a best-in-class approach, which means that the indices only include the top ranked companies within each industry.
For further information, please contact:
Anu Salonsaari-Posti, SVP, Marketing, Communications and Sustainability, Valmet, tel. +358 50 453 4262
Laura Puustjärvi, Head of Sustainability, Valmet, tel. +358 50 337 4473
Valmet is the leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries. Valmet's vision is to become the global champion in serving its customers.
Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. The strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production. Valmet's advanced automation solutions range from single measurements to mill wide turnkey automation projects.
Valmet's net sales in 2014 were approximately EUR 2.5 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 OMX Helsinki Ltd.
Passion for HiTec Label Paper - Mitsubishi HiTec Paper at Labelexpo Europe 2015
Mitsubishi HiTec Paper is exhibiting a comprehensive range of coated speciality papers for the label industry at Labelexpo Europe (September 29 – October 2, 2015 in Brussels) under the motto "Passion for HiTec Label Paper".
Passion for HiTec Paper - that is Mitsubishi HiTec Paper. And Mitsubishi HiTec Paper uses this passion to develop coated speciality papers for various label applications and printing technologies. Current trends such as lightweight face paper can be found in the wide range of label face materials along with products for digital and traditional printing. Designed for and adapted to the diverse functional requirements of the label industry.
For example, the lightweight thermal papers thermoscript L 6551 (65g) and LF 6067 (67g) and the heat stable thermal paper thermoscript LF 7056 suitable for microwave labels. Or thermoscript I 70, a 73g lightweight thermal paper as face paper for individualized and personalized short-run labels, certified and approved by HP Indigo. Or, from the digital printing range, jetscript MH 7084. This universal 70g lightweight matt coated premium inkjet paper has been developed as a face paper for demanding self-adhesive labels and is especially suited for labelling of small diameter products.
Whether self-adhesive labels with a liner, linerless labels or high-gloss, cast-coated wet-glue labels; whether you are using traditional, digital or hybrid printing processes; Mitsubishi HiTec Paper has the solution. Even security features within the paper itself are possible. All products are ISEGA and FSC® certified, and OEMs and ink recommendations are of course available.
HiTec label papers for demanding labels from the thermoscript, jetscript and supercote product ranges. All from a single source. Only at Mitsubishi HiTec Paper.
Visit us in Hall 6, Stand 6A09. We look forward to meeting you!
Expanded accreditation for product safety and lignin analyses
Innventia now offers accredited analysis of primary aromatic amines in food contact materials, and of lignin content in pulp.
Some substances in the group of primary aromatic amines (PAAs) are carcinogenic. PAAs are utilized in the production of azo pigments that may be used for printing of food contact materials (FCM).
These substances are regulated in many countries, for example in the EU regulation (EU) 10/2011 for plastic materials. Innventia now offers accredited analysis of these substances.
"It means, among other things, that results are internationally comparable, and ensures that analyses meet the performance requirements specified in various regulations", explains Kai-Yee Thim, who is working with product safety of FCM.
The scope of the accreditation is now also being extended with a chemical pulp analysis which will have great impact on the introduction of lignin products. Innventia has a long tradition of chemical pulp analyses, and one of the most common analyses involves determining the lignin content.
"To the best of my knowledge, we're the first in the world to offer an accredited lignin analysis. It means that we are now delighted to be able to offer our customers even more useful and reliable analyses," says Fredrik Aldaeus, quality manager for Innventia's chemical analyses.
As well as creating added value for commissioned research customers, accredited analyses will also be used within Innventia's own research.
"This strengthens our position within both cellulose research and the development of safer food packaging," says Anna Jacobs, research manager of the Chemical and material analysis group.
For more information, please contact:
Fredrik Aldaeus, +46 (0) 8 676 7188, This email address is being protected from spambots. You need JavaScript enabled to view it.
Gordana Landén resigns from SCA to assume new role in a global listed company
Gordana Landén, SCA’s Senior Vice President Human Resources and member of the Executive Management Team, will resign from her position at SCA to assume a new role in a global listed company.
“SCA is a leading global hygiene and forest products company where, for the past eight years, Gordana Landén has played a significant role in the development of a global HR organization and strategies to support the business. I would like to thank Gordana for her time at SCA and wish her all the best in her new role,” says Magnus Groth, President and CEO of SCA.
Gordana Landén will leave SCA in October 2015. The recruitment process for her successor is under way.
NB: This information is such that SCA must disclose in accordance with the Securities Markets Act or the Financial Instruments Trading Act. Submitted for publication on September 10, 2015, at 08:00 CET.
For further information, please contact:
Karl Stoltz, Media Relations Manager, 46 8 788 51 55
SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo and Vinda. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2014 amounted to approximately SEK 104bn (EUR 11.4bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. For more information, visit www.sca.com.
Clearwater Paper Announces $160 Million Upgrade to Lewiston Mill
Clearwater Paper Corporation today announced that it will begin construction of its continuous pulp digester project at the company’s Lewiston, Idaho, mill.
“We are pleased to be able to utilize a tool in Nez Perce County that can help strengthen and grow their business and assist the Lewiston facility in remaining competitive for years to come”
Construction of the project is slated to begin in October 2015 and expected to be completed in September 2017. Benefits from the project include significant reduction in air emissions, improved pulp quality and production, and more efficient utilization of wood chips (i.e. more pulp from the wood fiber Clearwater Paper uses).
“After many months of detailed review and reaching a multitude of milestones, the project is now a reality,” said Jay Backus, Clearwater Paper’s vice president of mill operations in Lewiston. “Getting to this launch point was no simple task, and there is a long list of individuals and agencies that deserve credit.”
Three key goals enabled construction to begin. First, was the authorization by the Nez Perce County commissioners of a partial tax exemption that paved the way for successful authorization and siting of the project in Lewiston. Second, was moving forward with a thorough engineering plan that validated the project’s operational goals and the return on investment. Lastly, was obtaining a permit from the Idaho Department of Environmental Quality.
The Nez Perce County Commissioners believe Clearwater Paper is a very important part of our local and regional economy. “We are pleased to be able to utilize a tool in Nez Perce County that can help strengthen and grow their business and assist the Lewiston facility in remaining competitive for years to come,” said Chairman Doug Havens.
“The leaders and citizens of Nez Perce County and our exceptional employees made it clear that this is the right place for our next major project,” said Linda Massman, president and CEO. “On behalf of everyone at Clearwater Paper, we thank you for the support and for making the Lewis-Clark Valley such a great place to do business.”
“Clearwater Paper thanks the Nez Perce County Commissioners, Doug Havens, Bob Tippett and Doug Zenner, for approving the partial tax exemption that cemented the decision to build the project in the County,” said Matt Van Vleet, vice president of public affairs. “We also thank the business leaders of Valley Vision, who were instrumental in helping support the company’s final decision to build the project in Lewiston.”
“This project is a win-win for Lewis-Clark Valley residents by helping Clearwater Paper, the area’s largest employer, to remain competitive and committed to the region,” said Doug Mattoon, executive director of Valley Vision.
During construction and start-up, the project will require hundreds of contract workers from around the globe, lodging and dining in the region for more than two years. Due to increased wood purchasing, the project is also expected to require additional need for loggers and other related contractors.
“A special thanks goes out to Idaho Director of Commerce Jeff Sayer for his assistance in the process and for recognizing the value the project would bring to Nez Perce County and the State of Idaho as a whole,” added Van Vleet.
“We also want to thank the people and business community of Lewiston, Clarkston and Nez Perce County for all the support they have given us in making this important mill upgrade a reality,” said Backus. “The Lewiston and Clarkston community has been supportive and instrumental in our being able bring this major mill improvement project to Lewiston allowing Clearwater Paper to increase our competitiveness in the global marketplace and renew our commitment to the Valley.”
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. Clearwater Paper’s employees build shareholder value by developing strong customer partnerships through quality and service.
For additional information on Clearwater Paper, please visit the company’s website at www.clearwaterpaper.com.
Contacts
Clearwater Paper Corporation
Matt Van Vleet, 509-344-5912
Verso Names Allen Campbell as Chief Financial Officer
Verso Corporation (NYSE: VRS) has just announced that Allen Campbell will become its Senior Vice President and Chief Financial Officer effective upon the commencement of his employment with Verso on September 21, 2015. Campbell has over 30 years of financial leadership experience in industrial manufacturing, including 10 years as the chief financial officer of Cooper-Standard Holdings Inc. (NYSE), the parent company of Cooper-Standard Automotive Inc., a leading global supplier of systems and components for the automotive industry.
"Allen is a strategic thinker and disciplined business leader with the knowledge, skills and experience to help Verso move through today's challenging market to a more successful future," said Verso President and CEO David J. Paterson. "Verso is pleased to welcome him to our senior leadership team."
At Cooper Standard, Campbell has been the Executive Vice President and Chief Infrastructure Officer since March 2015, and he previously served as the Executive Vice President and Chief Financial Officer from 2005 to March 2015 and in other financial and corporate leadership roles of increasing responsibility from 1998 to 2004. He previously worked at The Dow Chemical Company from 1980 to 1998 in various financial and accounting positions. Campbell has a bachelor's degree from Ball State University and an MBA in Finance from Xavier University.
About Verso
Verso Corporation is the turn-to company for those looking to successfully navigate the complexities of paper sourcing and performance. The leading North American producer of printing and specialty papers and pulp, Verso provides insightful solutions that help drive improved customer efficiency, productivity, brand awareness and business results. Verso's long-standing reputation for quality and reliability is directly tied to our vision to be a company with passion that is respected and trusted by all. Verso's passion is rooted in ethical business practices that demand safe workplaces for our employees and sustainable wood sourcing for our products. This passion, combined with our flexible manufacturing capabilities and an unmatched commitment to product performance, delivery and service, make Verso a preferred choice among commercial printers, paper merchants and brokers, converters, publishers and other end users. For more information, visit us online at versoco.com.
Forward-Looking Statements
In this press release, all statements that are not purely historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements may be identified by the words "believe," "expect," "anticipate," "project," "plan," "estimate," "intend" and other similar expressions. Forward-looking statements are based on currently available business, economic, financial and other information and reflect management's current beliefs, expectations and views with respect to future developments and their potential effects on Verso. Actual results could vary materially depending on risks and uncertainties that may affect Verso and its business. For a discussion of such risks and uncertainties, please refer to Verso's filings with the Securities and Exchange Commission. Verso assumes no obligation to update any forward-looking statement made in this press release to reflect subsequent events or circumstances or actual outcomes.
Investor contact:
901-369-4128
Email Contact
Midland Davis Expands Trading Team
Midland Davis Corporation is proud to announce the continued expansion of its brokerage division with the addition of industry veteran Wendy Larson.
Wendy brings 25 years of industry experience to her new role. She started her career with The Peltz Group, Milwaukee. Most recently Wendy was a member of Waste Management's Recycling Division.
“We’re thrilled to add someone of Wendy’s caliber to our team” commented Leonard Zeid, president of Midland Davis Trading division. “Wendy brings expertise in managing both national and regional accounts, marketing MRF material as well as traditional paper and plastic grades. She has excellent relationships with the generators of recycled commodities as well as the consuming mills” Zeid continued.
Larson is a graduate of the University of Wisconsin-Madison. She will be based at the firm’s Milwaukee office and may be contacted directly at 414-290-6575 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it..
Midland Davis Corporation has been serving the recycling industry since 1892. Now in its 5th generation of family ownership, Midland Davis has evolved to become a trusted provider of high-quality services within all major segments of the recycling industry. Today, Midland Davis operates from five locations, collecting and recycling many grades of ferrous and non-ferrous metals, paper, plastics, and wood. Recycling plants in Moline & Pekin, IL and brokerage offices in St. Louis MO, Pekin IL and Milwaukee WI as well as an agency office in St. Catharines Ontario, Canada.
With more than a century of recycling experience behind us, Midland Davis has developed an unmatched depth of understanding when it comes to the needs of our customers. For more information on Midland Davis Corporation online at www.midlanddavis.com.
Strike Ends at KapStone's Longview Mill
KapStone Paper and Packaging Corporation (NYSE: KS) ("KapStone" or the "company") has received and agreed to an offer from the Association of Western Pulp and Paper Workers Union Local 153 to unconditionally return to work from their strike that commenced on August 27.
The company will initiate an orderly transition process bringing back Mill employees beginning today and will gradually ramp up to full employment and production over the next week. Longview Box employees have already been scheduled in as of Monday.
About the Company
Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is the fifth largest producer of containerboard and corrugated packaging products and is the largest kraft paper producer in the United States. The Company has four paper mills, 21 converting plants and 65 distribution centers. The business has approximately 6,200 employees.
For additional company information visit: www.kapstonepaper.com
SOURCE KapStone Paper and Packaging Corporation
Andrea K. Tarbox, Vice President and Chief Financial Officer, 847.239.8812
Valmet and Stora Enso Kvarnsveden sign multi-year consumables and roll service agreement
Valmet and Stora Enso Kvarnsveden have signed a five-year (three plus two) agreement on the supply of paper machine and fiber line consumables including clothing, doctor blades, refiner segments, winder consumables and selected roll covers. The agreement also includes local roll maintenance operations next to Kvarnsveden's site at Borlänge. The agreement is valid as of July 1, 2015.
Technical support for maintenance and production is part of the agreement. The performance of consumables is optimized by taking advantage of remote analytics and the skills of Valmet's technology experts. In addition, Valmet will keep a ready stock of consumables for Kvarnsveden. This total cost of ownership agreement (TCO) is an exclusive agreement with a fixed monthly fee. The value of the agreement has not been disclosed.
Optimizing consumable performance and simplifying daily operations
The agreement provides a framework for long-term collaboration between Kvarnsveden and Valmet. The aim is to improve the efficiency of daily operations and decrease costs for both partners. Fixed monthly invoicing increases cost predictability.
"With our advanced services offering Valmet's goal is to continuously simplify our customers' daily operations, reduce the consumption of consumables and find cost efficient solutions. I am convinced that we will exceed Kvarnsveden's expectations of us," says Per Holm, Vice President, Sales, Scandinavia at Valmet.
Information about the customer Stora Enso and the Kvarnsveden Mill
Stora Enso is the global rethinker of the paper, biomaterials, wood products and packaging industry. The company produces chemical pulp, paper and board, corrugated packaging and sawn wood products. The Kvarnsveden Mill produces improved newsprint and magazine paper on three paper machines. The production capacity is approximately 720,000 tons per year.
Further information, please contact:
Per Holm, Vice President, Sales, Scandinavia, Valmet, tel. +46 705 17 13 88,
Peter Lindgren, Sales Manager, Consumable Solutions, Scandinavia, Valmet, tel. +46 54 17 11 38
Juha Ojala, Senior Manager, Concept Development, Services, Valmet, tel. +358 40 702 9117
Valmet is the leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries. Valmet's vision is to become the global champion in serving its customers.
Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. The strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production. Valmet's advanced automation solutions range from single measurements to mill wide turnkey automation projects.
Valmet's net sales in 2014 were approximately EUR 2.5 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 OMX Helsinki Ltd.
World-renowned experts evaluate technical papers of 48th ABTCP Pulp and Paper International Congress
Researchers from the Portuguese Pulp and Paper Association, from Viçosa and Paraná Federal Universities, among other institutions, highlight the latest technologies and trends in the industry
The 48th Pulp and Paper International Congress, promoted by ABTCP – Brazilian Pulp and Paper Technical Association - which will take place in October 06 to 08, at the Transamérica Expo Center, in São Paulo, has gained increasing importance and strengthening thanks to the papers presented, which aim to highlight the latest technologies and industry trends. This year, the Congress will bring a special feature on its technical sessions: all papers to be presented were evaluated by world-renowned researchers, from institutions such as the Portuguese Pulp and Paper Association and the Federal Universities of Viçosa and Paraná, among others.
“The Congress is essential to give visibility to the works developed by industry experts. I believe that this exchange of information has been happening over the years, because people who attend the Congress are trained and have much knowledge to share", says Francisco Valerio, president of the Congress.
The following experts evaluated the technical papers which will be presented during the 48th ABTCP Pulp and Paper International Congress:
- Nilda de Fátima Ferreira Soares, Dean of Viçosa Federal University;
- Marta Souto Barreiros, Forestry Engineer at Celpa – Portuguese Pulp and Paper Association;
- Giancarlo Pasquali, Associated Researcher at UFRGS, which works with cloning and characterization of plant urease genes;
- Jorge Luiz Colodette, Head Professor at Viçosa Federal University;
- Luiz Ramos, Associated Professor of UFPR Chemistry Department – Paraná Federal University;
- Michael Paleologou, Canadian Specialist, expert in Chemical Analysis, Biomass, Industrial Paper and Products Development from FPI;
- Juan Carlos Villar Gutiérrez, an expert in the characterization of new cellulosic raw materials, less contaminating procedures for pulp production, biotechnology applied to paper industry, from INIA.
- Katsuyuki Kadota, Senior Researcher at Oji Holdings Corporation.
This year the Congress theme will be focused on the binomial "Innovation and Competitiveness" and, in parallel, the 1st Ibero-American Conference on Bio-economy will take place, a simultaneous event held in conjunction with ABTCP 2015, focusing on Economy, Energy and Bio-inspired Materials – BEM 2015, organized by Riadicyp - Red Iberoamericana de Docencia e Investigación en Celulosa y Papel.
Song Won Park, from São Paulo University (USP), who will chair this 1st Ibero-American Conference on Bio-economy, believes the ABTCP Congress will strengthen the relationship between industry professionals, in addition to the disclosure of scientific works from many Ibero-American countries. “The initiative of RIADICYP members in attending the ABTCP Congress will certainly promote an enrichment of the several topics traditionally addressed annually by the Association", says Park
The official program of the 48th Pulp and Paper International Congress is already available at the website http://abtcp2015.org.br/wp-content/uploads/2015/07/quadro_resumo_ABTCP2015.pd
About ABTCP 2015
ABTCP 2015 - 48th Pulp and Paper International Congress and Exhibition, arranged by ABTCP, will take place from October 06th to 08th this year, in São Paulo, SP, and is recognized as one of the major sector occurrences, bringing together professionals willing to exchange knowledge and experience on such productive chain, in the most diverse areas.
Such is its representativeness for the sector that this edition estimates to host over 600 experts and technicians of international reputation and over eight thousand visitors. The event happens in conjunction with the also traditional industry Manufacturers and Suppliers Exhibition.
Agenda:
Date: October 06th to 08th, 2015
Place: Transamérica Expo Center – São Paulo/SP
Hours: Congress – from 9:00 AM to 05:00 PM; Exhibition – from 01:00 PM to 08:00 PM.
Registrations, Congress program and additional information at the website: www.abtcp2015.org.br