Ian Melin-Jones

Ian Melin-Jones

Monday, 23 August 2010 07:48

Tronox Announces TiO2 Price Increase

Tronox Incorporated (Pink Sheets: TRXAQ, TRXBQ), on behalf of its subsidiary companies, today announced the following price increase for all TRONOX® titanium dioxide (TiO2) grades effective September 1, 2010 or as contracts allow:

  • Latin America $200 per tonne

This increase is in addition to those previously announced. Other increases may be announced locally within each region.

Headquartered in Oklahoma City, Tronox is one of the five largest producers and marketers of titanium dioxide pigment.  Titanium dioxide pigment is an inorganic white pigment used in paint, coatings, plastics, paper and many other everyday products.  The company's pigment plants, which are located in the United States, Australia and the Netherlands, supply high-performance products to approximately 1,100 customers in 100 countries.  In addition, Tronox produces electrolytic products, including sodium chlorate, electrolytic manganese dioxide, boron trichloride, elemental boron and lithium manganese oxide.  For information on Tronox, visit www.tronox.com.

Forward-Looking Statements:  Some information in this news release regarding the company's or management's intentions, beliefs or expectations, or that otherwise speak to future events, are "forward-looking statements" within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  These forward-looking statements include those statements preceded by, followed by or that otherwise include the words "believes," "will," "expects," "anticipates," "intends," "estimates," "projects," "target," "budget," "goal," "plans," "objective," "outlook," "should," or similar words.  Future results and developments discussed in these statements may be affected by numerous factors and risks, such as the accuracy of the assumptions that underlie the statements, the market value of Tronox's products, demand for consumer products for which Tronox's businesses supply raw materials, the financial resources of competitors, the market for debt and/or equity financing, changes in laws and regulations, the ability to respond to challenges in international markets, changes in currency exchange rates, political or economic conditions in areas where Tronox operates, trade and regulatory matters, general economic conditions, and other factors and risks identified in the Risk Factors Section of Tronox's Annual Report on Form 10-K for the year ended December 31, 2007, and subsequent Quarterly Reports on  Form 10-Q, as filed with the U.S. Securities and Exchange Commission (SEC), and other SEC filings.  Actual results and developments may differ materially from those expressed or implied in this news release.  The company does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.  Investors are urged to consider closely the disclosures and risk factors in Tronox's Annual Report on Form 10-K for the year ended December 31, 2007, available on Tronox's website, www.tronox.com.  This also can be obtained from the SEC by calling 1-800-SEC-0330.

Media Contact:

Robert Gibney

 
 

Direct:  405-775-5105

 
 

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SOURCE Tronox Incorporated

Kadant Canada Corp., a subsidiary of Kadant Inc., has completed the acquisition of Filtration Fibrewall Inc., a Canada-based supplier of pressure screen baskets and a dewatering equipment product line from a related company. The dewatering equipment, which includes twin wire presses and screw presses, extends Kadant’s fiber processing offerings and will be sold worldwide through the company’s existing sales organization.

 

The patent-pending Fibrewall screen cylinder design features non-welded construction, built in the round, to minimize stress and distortion and allow for maximum screening efficiency. The robust mechanical assembly and high-precision wire positioning system allow for tight slot width tolerances and a high degree of consistency. As a result, the Fibrewall cylinder maximizes screening efficiency and provides for a high capacity flow through the pressure screen in both virgin and recycled fiber applications.

 

“This technology-based acquisition serves to enhance our product offering to pulp and paper mills and we believe it is the top performing screen basket in the market today,” said Jeffrey L. Powell, senior vice president of Kadant Inc. “We have seen a number of Fibrewall screen baskets performing well in extremely challenging applications, including several running in Kadant equipment. We are very pleased to extend our fiber processing product offerings with the Fibrewall screen basket technology and the dewatering equipment as a result of this acquisition.”

 

Kadant Inc. is a leading supplier to the global pulp and paper industry, with a range of products and services for improving efficiency and quality in pulp and paper production, including paper machine accessories and systems for stock preparation, fluid handling, and water management. Our fluid-handling products are also used to optimize production in the steel, rubber, plastics, food, and textile industries. In addition, we produce granules from papermaking byproducts for agricultural and lawn and garden applications. Kadant is based in Westford, Massachusetts, with revenues of $226 million in 2009 and 1,600 employees in 16 countries worldwide. For more information, visit www.kadant.com.

 

The following constitutes a “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that involve a number of risks and uncertainties, including forward-looking statements about our products, technologies, and customers. Important factors that could cause actual results to differ materially from those indicated by such statements are set forth under the heading “Risk Factors” in Kadant’s quarterly report on Form 10-Q for the period ended April 3, 2010. These include risks and uncertainties relating to worldwide and local economic conditions as well as the pulp and paper industry; significance of sales and operation of manufacturing facilities in China; international sales and operations; our debt obligations; restrictions in our credit agreement and compliance with covenants; future restructurings; competition; soundness of suppliers and customers; soundness of financial institutions; litigation and warranty costs related to our discontinued operation; our acquisition strategy; factors influencing our fiber-based products business; protection of patents and proprietary rights; fluctuations in our share price; and anti-takeover provisions. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

The FSC Board of Directors election is currently open and FSC would like to remind members to vote for three candidates. If you would like to know more about the candidates, their aspirations and objectives, please visit the dedicated discussion forum in the members' intranet. The deadline to return the ballot papers is 15 September 2010.

In the discussion forum, members can find the profile of the candidates, FAQs and the ballot papers.  On 8 July 2010, FSC sent the ballot papers and the candidates’ profile to all members by e-mail and by post to members without an e-mail address. If you have not submitted your ballot, kindly do so as the elected candidates will fill three upcoming vacancies on the FSC Board of Directors – one position for the Social South, one for the Social North and one for the Environmental South.

The Board of Directors consists of nine FSC members directly elected by the FSC membership. The FSC Board of Directors takes strategic decisions and its members represent the interests of their relevant chamber as well the FSC membership at large.

As an FSC member, you are the highest authority and the ultimate decision-taker in the Forest Stewardship Council. Please make your voice heard by voting for the Board of Directors. If you have not received your ballot papers, please download them from the members’ intranet or contact the FSC Membership Team.

Saturday, 21 August 2010 11:08

Join FSC at the XXIII IUFRO World Congress

The Forest Stewardship Council will be at the XXIII IUFRO World Congress in Seoul, Korea with two side meetings on the impacts and perspectives of FSC certification, a presentation by the FSC Director General and other experts in the FSC team, several poster presentations and a dedicated FSC information booth.

FSC Director General Andre Giacini de Freitas will present on the topic of legality and the synergies between FSC and the Forest Law Enforcement, Governance and Trade (FLEGT). The presentation takes place on Wednesday, 25 September 2010 in the technical session on the contribution of science to the fight against illegal logging.

The FSC side meeting “Impact of voluntary certification on forest management: research findings, needs and coalitions” will highlight cases of impacts of changed forest management practices due to FSC certification requirements. The meeting will take place on Tuesday, 24 August 2010 and feature panelists from CIFOR, FSC, the University of Washington, USA and the Transilvania University of Brasov, Romania.

The FSC side meeting “Strengthening forest conservation, communities and markets: FSC‘s Global Strategy” will address the many challenges and opportunities that FSC faces as it proceeds through its second decade. The meeting will take place on Wednesday, 25 August 2010 and feature panelists from RECOFTC, CIFOR, Kangwon National University, Korea and Yale University, USA.

For more information, please read the invitation and the detailed description of the side meetings or contact Ms. Anakarina Perez.

BASF will contribute €250,000 to the United Nations Central Emergency Fund (CERF) for immediate aid to flood victims in Pakistan.

2011 02 01 091658This donation, provided by the BASF Social Foundation, will be used in on-site initiatives such as the World Food Programme (WFP) and the World Health Organization (WHO). In this way, BASF will ensure that food, medicine and relief goods will reliably reach those most in need.

Dr. Jürgen Hambrecht, Chairman of the Board of Executive Directors of BASF, said, “The natural disaster in Pakistan shocks the whole company. With this donation we aim to help people who have lost their homes and are now facing hunger and disease. In addition, I would like to call on all BASF employees to do their part in donating to the flood victims.” For example, BASF has started an employee donation campaign at its headquarters site in Ludwigshafen, Germany.

Immediately following the first floods, BASF Pakistan and its employees began relief actions with an initial donation of €40,000. Individual BASF employees also supported the company's internal flood-relief committee, generously donating food, medicines and utensils for the relief packets prepared for distribution. BASF established distribution points around company sites in Karachi, Lahore, Faisalabad and Sialkot, where relief packets containing basic food items, clothes and bed sheets, clean drinking water and medicinal aid to combat water-borne diseases are being distributed. Around 1000 relief packets offering emergency aid to the flood-hit villages and families in the interiors of Punjab and Sindh were dispatched via road.

About BASF

BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals as well as oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of more than €50 billion in 2009 and had approximately 105,000employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.

Europe:

Sabrina van der Pütten

Phone:   +49 621 60-52711

Fax:       +49 621 60-92693

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Asia Pacific:

Genevieve Hilton

Phone:   +852 2731 0197

Mobile :   +852 9025 9857

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Pakistan :

Shahana Kaukab

Phone:  + 92 21 111 550 550

Mobile :  +92 300 2025 449

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KapStone Paper and Packaging Corporation (NYSE: KS) ("KapStone") announced that they have ranked 5th on Fortune's annual list of the 100 Fastest-Growing Companies. The ranking, from the September 6, 2010 issue of Fortune, is based on revenue growth rate, EPS growth rate, and three-year annualized total return to investors.

Roger Stone, Chief Executive Officer, commented, "We are pleased to be recognized by Fortune as one of the top growing companies. We are encouraged by the trends we see in the marketplace and believe we are strategically well positioned for continued growth."

About the Company

Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is a leading North American producer of unbleached kraft paper products and linerboard. The Company is the parent company of KapStone Kraft Paper Corporation which includes paper mills in Roanoke Rapids, NC, and North Charleston, SC, a lumber mill in Summerville, SC, and five chipping mills in South Carolina. The business employs approximately 1600 people.

SOURCE KapStone Paper and Packaging Corporation

Forest certification systems in Finland, Italy, Luxembourg and the Slovak Republic meet its globally recognized Sustainability Benchmarks and have been re-endorsed, PEFC International, the world’s largest forest certification organization, announced today. All systems successfully completed the comprehensive and thorough endorsement process and gained approval by the organization’s membership.

“We’re very pleased that we succeeded in achieving global recognition by PEFC International yet again,” said Joseph Crochet, President of PEFC Luxembourg asbl. “PEFC’s endorsement process is renowned for its rigor, and this outcome confirms the excellent work and high ambitions of our stakeholders nationally.”

National forest certification systems that have developed standards in line with PEFC requirements can apply for endorsement by PEFC International. To achieve endorsement, they need to meet PEFC’s Sustainability Benchmarks, which are based on broad societal consensus expressed in international, intergovernmental, multi-stakeholder processes and guidelines.

In addition to sustainable forest management requirements, the Sustainability Benchmarks also include strict requirements concerning the development of the standards at national level, PEFC Finland’s Chairperson Ritva Toivonen explained. “Extensive, transparent and inclusive collaboration of all interested parties is necessary and important,” Mrs. Toivonen emphasized. “PEFC forest certification is above all a people’s matter, not an organizations’ matter.”

Participation is also an integral part of the endorsement process at international level, which requires an independent assessor to address all comments submitted by stakeholders globally during a mandatory, sixty day consultation period.

“The value that PEFC brings to the forest cannot be underestimated, not only in terms of sustainability benefits, but also as a mechanism requiring ongoing dialogue among all actors,” said Antonio Brunori, Secretary General of PEFC Italy. “With PEFC requiring national standards to be revised every five years, stakeholders keep in contact and continue to refine their understanding of the most appropriate approach to sustainable forest management at local level. In Italy, this resulted in an increase of prescriptive elements and additional normative indicators that forest managers need to comply with in order to achieve PEFC certification."

“PEFC offers an ideal framework for continuous improvement,” Hubert Palus, PEFC Slovak Republic National Secretary agreed. “PEFC’s bottom up approach requires standards to be locally developed as opposed to globally adopted. This forces local stakeholders to carefully consider and elaborate what best delivers sustainable forestry within their specific national context, while at the same time being in compliance with globally recognized benchmarks.”

Scheme Documentation & Assessment Reports

The 2010 Sappi African Printers of the Year gala event held in Sun City on 12 August 2010 was a celebration of print excellence where printers and their winning entries shared the spotlight.

At the glittering event hosted by Master of ceremonies Jo-Anne Strauss and entertained by the group NUBIA, this year’s theme of Future Imprint was emphasized by Executive Director Marketing: Sappi Paper and Paper Packaging South Africa, Dinga Mncube:  “This year, Sappi not only wants to honour the craft of printing and the legacy of the industry, but also the resilience that businessmen and women in your position have exhibited during the tough economic environment of the last two years.”

A total of 345 entries, in 11 categories, were received from the Africa and Indian Ocean Islands region. After a rigorous two days of judging, nine Gold Awards, 19 Silver Awards and 33 Bronze Award winners were selected.

The panel of judging experts consisted of Johan Swanepoel (Seriti Printing), Richard Nichols (Multiprint Litho), Natalie Rogers (Investec), Erich Kühl (PIFSA), Barry Roberts (Pro-Print) and Ian Shepherd (Ian Shepherd Consulting).

The judges commented on the good finishing and in particular the die-cutting and varnishing applied in the winning entries which were of a very high standard, with good attention to detail and striking use of colour. Entries were also praised for print innovation displayed and the overall visual appeal and choice of substrates.

Dinga Mncube further commented: “Print is a total experience. It is our excellence and craft that can influence minds and help speed a recovery back to the heights of previous times.” Dinga also explained how Sappi was refreshing its commitment to profitability by merging two of its southern African divisions, Sappi Fine Paper South Africa and Sappi Kraft, into a new division called Sappi Paper and Paper Packaging South Africa (SA). “By consolidating our businesses we are ensuring that we remain well positioned to respond effectively to our customer needs, and to drive the key message that paper and paper packaging have a strong future and remain the best choice for many applications,” Dinga said.


2010 Award winners
Nine gold awards were presented to the following recipients:

Annual Reports – INCE

Books – Trident Press

Brochures – Pro-Print

Calendars – Trident Press

Catalogues - Seriti Printing

Digital – 24 Hour Photobooks

General Print - Colors

Magazine Sheetfed – Paarl Media Paarl

Packaging and Labels - Masterpack

A list of all the winners – Gold, Silver and Bronze - will be available on www.sappi.com

About Sappi
Sappi is a leading global, producer of coated fine paper, as well as of speciality packaging, label and release papers. Its South African paper brands include locally produced Triple Green Print, Web and Label, Typek as well as text and cover grades, Enigma, Sovereign Select, China Embossed and Reviva Plus,  which are specified by customers worldwide for high quality publishing, promotional and packaging applications.

Contact details

Madelaine Fourie
Brand Manager
Sappi Fine Paper South Africa

Tel
+27 (0)11 407 8190
Fax
+27 (0)11 339 8022
e-Mail
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The Siemens Industry Solutions Division has developed a new software solution with an energy-saving control strategy for dryer sections. The Sipaper APC (Advanced Process Control) DrySec is designed to reduce steam consumption in papermaking by decreasing energy needs in the drying process. Optimized set points are calculated for all parameters relevant to drying and adjusted to the actual process conditions. The system has already been piloted successfully at Rhein Papier GmbH’s paper mill in Hürth near Cologne, Germany, reducing the main steam requirement by more than three percent.

IIS201007430_SMALLOptimized process control is important for the entire papermaking process. The goal is to achieve the required product quality while at the same time minimizing the costs of raw materials, additives and energy. Utilizing steam to dry the paper, accounts for a large portion of the energy costs in the paper industry. Siemens has developed the Sipaper APC DrySec software solution to reduce the steam consumption. It is based on a physical process model that takes into account all the parameters relevant to drying. The main focus is on the air requirements, heat recovery, steam and condensate system, together with their mutual interactions and dependencies. Measured values are used to adapt the model at regular intervals to the current process conditions. Sipaper APC DrySec uses this data to calculate the best possible set points and these values are then transferred to the process control system. The air flow in the hood can then be set to minimize the quantity of air supplied.

The system also ensures that water evaporating from the paper web is exhausted continuously without condensation. Depending on the type of paper machine, other parameters can be calculated, such as the heat curve, the heating of the white water and the quantity of steam in the steam box. Sipaper APC DrySec can, in addition, be used as a soft sensor because it also calculates process variables for which no instrumentation is installed. This includes, for example, the moisture content and temperature of the paper web upstream and downstream of each drying cylinder, and the energy consumed in the heat exchanger. This leads to a better understanding of the plant. The process model can also be used for diagnostic purposes. For example, it can detect and display the gradual contamination of a heat exchanger, due to scaling and fouling. Sipaper APC DrySec is one of the modules of the Sipaper solution platform specially developed for the pulp and paper industry. It can be linked to both Siemens and third-party process control systems.

The Siemens solution for an energy-saving operation mode for dryer sections has already been implemented in the papermaking process at Rhein Papier paper mill. Siemens supplied the electrical equipment in July 2001, when the mill was built. Rhein Papier GmbH produces newsprint and is an alliance partner of the Myllykoski Group. Further information about solutions for the pulp and paper industry is available at www.siemens.com

The Siemens Industry Solutions Division (Erlangen, Germany) is one of the world's leading solution and service providers for industrial and infrastructure facilities comprising the business activities of Siemens VAI Metals Technologies, Water Technologies and Industrial Technologies. Activities include engineering and installation, operation and service for the entire life cycle. A wide-ranging portfolio of environmental solutions helps industrial companies to use energy, water and equipment efficiently, reduce emissions and comply with environmental guidelines. With around 31,000 employees worldwide (September 30), Siemens Industry Solutions posted sales of €6.8 billion in fiscal year 2009. Further information and downloads at: www.siemens.com

Standard & Poor´s Ratings Services has affirmed Metso’s BBB long-term credit rating and changed the outlook from negative to stable. At the same time the short-term corporate credit rating was raised to A-2 from A-3.

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com

Further information, please contact:
Pekka Hölttä, Senior Vice President, Corporate Treasurer, Metso, tel. +358 20 484 3195