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Jan. 28, 2020 - Sun Paper has selected technology leader ABB to fulfil two orders for its facilities in Laos and Shandong, China. The first order comprises new drives for the company's paper machine 1 (PM1) and paper machine 2 (PM2) at its Laos mill, while the second includes a synchronous motor, motor starting equipment, excitation protection control and process drives for chemical pulp production at its plant in Shandong, eastern China.

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Jan. 21, 2020 (Press Release) - Valmet is planning changes in the Fabrics Business Unit which is part of the Services Business Line in order to secure the unit's profitability and future competitiveness. The most important action in the preliminary plan is to move the dryer fabric and wide filter fabric production from Tampere in Finland to Valmet's unit in Portugal. The possible actions will have employee impacts. The functions under consideration are part of Valmet Technologies Oy.

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Valmet and Fabio Perini have established an Industrial Internet ecosystem partnership to strengthen collaboration in the tissue industry. The target is to allow tissue producers and converters to work together more efficiently, and to exchange knowledge and resources for the benefit of their customers.

The partnership combines Valmet's comprehensive tissue making technology and process optimization know-how with Fabio Perini’s strong expertise in complete solutions for converting and packaging machines as well as in the converting process and technology.

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Ahlstrom-Munksjö has acquired converting operations in China and the U.S. from Shunde Lucas and Altior Industries. Through the transaction, Ahlstrom-Munksjö will have local filter converting capacity in China and a foothold for expanding sales of other products within the Advanced Liquid Technologies business. Local presence in Asia will shorten delivery lead times and enable Ahlstrom-Munksjö to serve its customers even better.

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Ahlstrom-Munksjö has signed a non-binding letter of intent with the majority shareholders of Hebei Minglian New Materials Technology Co., Ltd. to acquire the company, comprising a modern greenfield decor paper plant in the city of Xingtai, Hebei Province, China. The letter of intent contains customary exclusivity undertakings on the part of the sellers with respect to the considered transaction.

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On November 1st, Guangxi Xianglan (Shangfeng) Paper and Baosuo Enterprise Group signed a contract for an annual output of 50,000 tons of high-grade tissue paper turnkey project which includes two Baotuo paper machines, Baosuo converting machine and related equipment.

Baosuo Enterprise will provide a turnkey project from stock preparation to finished product packaging. This is not only the extension based on previous collaborate projects, but also sincere cooperation between the two parties after establishing a strategic cooperation.

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Veolia Water Technologies will supply a chloride and potassium removal system to Lee & Man's integrated pulp and tissue mill in Chongqing, China. The pulping technology at the site is based bamboo fiber.

The value of the order was not disclosed.

Veolia explained that its patented HPD® Enhanced Chloride Removal Process (ECRP™) uses a two-stage crystallization process, which is designed to treat 72 tons per day of precipitator ash to recover 93% of the sodium and remove 89% of the chlorides and 96% of potassium in the ash.

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Stora Enso today announced that it has completed the divestment of its 60% equity stake in the Dawang Mill in China to its joint venture partner, Shandong Huatai Paper.

After this transaction, Stora Enso has no paper production in China.

The former joint venture, Stora Enso Huatai (Shandong) Paper Company Limited, operated the Dawang paper mill at Dongying in Shandong province in China. The mill has an annual production capacity of 140,000 tonnes of super-calendered (SC) magazine paper and other publication paper grades based on recovered fibre.

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ANDRITZ has received an order from Dezhou Taiding New Material Science and Technology Co., Ltd. (Dezhou Taiding) to supply a P-RC APMP (Pre-Conditioning Refiner Chemical Alkaline Peroxide Mechanical Pulp) fiberline with a capacity of 400 t/d to the mill in Dezhou, Shandong, China. The new system will process poplar as raw material, and the fiber produced will be used on the company's own paper machines for P&W (printing and writing paper) and board grades.

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Nine Dragons Paper (Holdings), Asia’s largest containerboard manufacturer, reported a 51 per cent decline in profit mainly because of tariffs on waste paper imports from the US, lower selling price and reduced profit margin, even as revenue and volumes rose to record highs.

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Historical high sales and sales volume; lowest debt gearing ratio over the last decade.

HONG KONG, Sept. 26, 2019 - Nine Dragons Paper (Holdings) Limited (the “Company”) is pleased to announce the audited consolidated annual results of the Company and its subsidiaries (the “Group” or “Nine Dragons Paper”) for the year ended 30 June 2019 (the “Year”).

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