Weekly News & Updates
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February 7, 2018
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A man with a plan for the future: FPInnovations President and CEO carves out his vision
by Heather Lynch
Paper Advance sat down with Mr. Stéphane Renou, President and Chief Executive Officer of FPInnovations, to discuss his new role.
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Minister Carr: Canada's forest industry - Adapting, diversifying, innovating
The long-term prospects for the forestry industry have rarely been brighter, with the potential to create enduring prosperity for communities across the country.
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Networking and PAPTAC Awards at the Welcoming Reception
The welcoming reception was held at the Queen Elizabeth Hotel, Monday February 5th, to kick off the joint 2018 Paperweek Canada and BIOFOR conferences.
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Luigi Lazzareschi - Keynote Speaker at PWC 2018
Sofidel is a multinational operating in the tissue paper industry, and is the second player in Europe.
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What to Expect at PaperWeek Canada 2018
Here are highlights of what you can expect: Conference sessions worthy of the most reputed technology conferences;
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The 'all in one' conference for the benefit of all industry stakeholders
It's that time of year again! Your industry's global conference "where skills lead to competitiveness" is back at the recently renovated Fairmont Queen Elizabeth Hotel in Montreal to surely prove that "Forest products are part of a new bioeconomy".
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Cascades finalizes the sale of its New York plant
Cascades Inc., a leader in the recovery and manufacturing of green packaging and tissue products, announced that it has completed the sale of the building and land of its Maspeth plant, located in the state of New York , for US$72 million.
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Plant cooperating with WorkSafeBC following fire
Lavington's Pinnacle Renewable Energy Inc. plant is cooperating fully with WorkSafeBC following a flash fire at the mill.
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N.B. premier heading to Washington to seek exemption to softwood lumber tariff
New Brunswick Premier Brian Gallant is heading to Washington this week to plead his case for an exemption to a trade impasse threatening the province's softwood lumber industry.
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Truck driver shortages hitting Canada's forest products sector
A shortage of truck drivers is hampering the country's forest sector as shipments have been delayed and at least one producer was forced to slow production because of a lack of wood chips.
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The urban lifestyle demands a change in packaging
The world is a fast-changing place and many parts of it are becoming more and more urbanized in terms of demographics and lifestyle.
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Sun Paper bumps up investment, employment numbers for prospective Clark County mill
Sun Paper, which announced plans almost two years ago to build a wood pulp mill in Clark County, clarified its focus on Tuesday.
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BASF to increase prices for wet-end paper chemicals in the EMEA region
Driven by continued increases in cost of raw materials, transportation, and energy, BASF will increase prices for wet-end paper chemicals in the EMEA region...
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Resolute stock falls after earnings miss, trucking concerns
After weathering U.S. duties on softwood lumber and newsprint, Resolute Forest Products Inc.'s Achilles heel turned out to be its fourth-quarter earnings miss and lingering investor concerns about a shortage of truck drivers.
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Buckman Announces Global Price Increase Effective March 1
Buckman is announcing a global price adjustment on select pulp and paper product lines effective March 1, 2018, or as contracts allow.
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Mill closure due to log supply and duties, not log exports
Western Forest Products' Somass mill was specifically referenced in this article.
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Sonoco Implementing Price Increases for Paperboard Tubes and Cores
Sonoco today announced it is implementing a price increase, the minimum of which will be 8 percent, for all paperboard tubes and cores sold in the United States and Canada,...
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Port Hawkesbury Paper hasn't met target for contribution to NSPI's fixed costs
Port Hawkesbury Paper hasn't met the contribution to Nova Scotia Power's fixed costs originally outlined in its special power rate.
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MLA Houston says Northern Pulp wastewater standards too low
A Pictou County MLA is calling for an increased level of ministerial scrutiny of a proposed wastewater treatment facility at the Northern Pulp mill.
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Domtar says material in river is fully treated effluent from Kamloops pulp mill
A spokeswoman for the Domtar pulp mill in Kamloops said coloured discharge seen on the shoreline of the Thompson River is simply fully treated...
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Two reasons why your reliability and maintenance improvement initiatives might not generate achievable results
I'll summarize these two reasons for you and then give you more details.
- Lack of long-term consistent leadership
- Focus on the tools that support the holistic system instead of integrating those tools with the holistic system.
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Resolute Announces Appointment of Yves Laflamme as President and CEO, Succeeding Richard Garneau
Resolute Forest Products Inc. today announced the selection and appointment of Yves Laflamme as Resolute's new president and chief executive officer, and a member of the Board of Directors, succeeding Richard Garneau.
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Millar Western announces key appointments
J. Craig Armstrong, President and CEO, is pleased to announce key appointments to the senior management group of Millar Western Forest Products Ltd. The appointments, effective today, have been made in view of the retirements of long-serving senior staff Stefan Demharter, Vice President, Wood Products, and Steve Lord, Director of Pulp Sales and Marketing.
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ANDRITZ to supply high-efficiency, biomass-fired bubbling fluidized bed boiler to Pori Energia, Finland
ANDRITZ's scope of supply comprises engineering, erection work, and start-up of the fluidized bed boiler, including delivery of a flue gas cleaning system and other auxiliary equipment.
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MoRe and Eurocon in cooperation to offer customized analysis, studies and design of system for collection of DNCG
Eurocon and MoRe Research in cooperation offer analysis, mapping and system design for collection and destruction of pulp mills' diluted non-condensable gases. For pulp mills this means a complete and simplified project process.
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Resolute Reports Preliminary Fourth Quarter and 2017 Results
Resolute Forest Products Inc. today reported net income for the quarter ended December 31, 2017, of $13 million, or $0.14 per share, compared to a net loss of $45 million, or $0.50 per share, in the same period in 2016.
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Improvement in Speciality Cellulose, decline in Performance Chemicals and Other Businesses
Borregaard's operating revenues reached NOK 1,137 million (NOK 1,110 million)1 in the 4th quarter of 2017. EBITA adj.2 was NOK 109 million (NOK 160 million).
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Norbord Reports Record 2017 Earnings; Declares Quarterly Dividend
Norbord Inc. today reported Adjusted EBITDA of $204 million for the fourth quarter of 2017 versus $200 million in the prior quarter and $115 million in the fourth quarter of 2016.
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Financial Statements Release 2017: Excellent finish to the record-strong year 2017
Q4 2017 highlights
- Comparable EBIT increased by 29% to EUR 366 million (283 million in Q4 2016).
- Sales prices and delivery growth boosted earnings, outstripping the impact of higher input costs and unfavourable currencies.
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International Paper Reports Fourth Quarter and Full-Year 2017 Earnings
International Paper today reported full-year 2017 net earnings attributable to International Paper of $2.1 billion ($5.13 per diluted share) compared with net earnings of $904 million ($2.18 per diluted share) for full-year 2016.
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India launches its national forest certification system!
Regional workshops, extensive stakeholder engagement in the field and a countrywide public consultation... just some of the work undertaken by the multi-stakeholder group responsible for developing the national forest certification system of India.
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Smurfit Kappa, one of the world's leading paper-based packaging firms, continues its investment in sustainable technology in Mexico, demonstrating its long-term commitment to the country.
An advanced new paper machine (PM6) began operating at the Los Reyes Paper Mill site in the State of Mexico in January.
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