Chenming Paper: loss of 6.5 to 7.5 billion yuan in 2024
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On January 23, Chenming Paper released its 2024 annual earnings forecast, expecting a net loss of 6.5 billion yuan to 7.5 billion yuan, a significant expansion from the 1.281 billion yuan loss in 2023. The two-year cumulative loss is as high as 7.781 billion yuan to 8.781 billion yuan, wiping out 8.134 billion yuan of cumulative profit over the five-year period from 2018 to 2022 in one fell swoop.
ANDRITZ to supply stock preparation systems and the seventh pulping line to Sun Paper in Nanning, China
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GRAZ, JANUARY 23, 2025. International technology group ANDRITZ has received an order from Sun Paper Nanning Paper Co., Ltd to supply two stock preparation systems and a complete P-RC APMP (Pre-Conditioning Refiner Chemical Alkaline Peroxide Mechanical Pulp) line for the mill in Nanning, China. Start-up is scheduled for the third quarter of 2025.
CCE International 2025: Corrugated Board and Carton Industry Explores New Growth Avenues
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January 2025 - CCE International, the international meeting point for corrugated and carton production, returns to Munich from 11-13 March 2025. The three-day event has become an industry favourite to source bespoke processing solutions and equipment, designed to meet the individual needs of corrugated and folding carton producers.
Guangxi Jianhui Paper's first packaging paper production line was successfully put into production
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On December 22, 2024, PM6 production line of Guangxi Jianhui Paper Co., Ltd. was successfully started to produce paper, and the chairman of the board, Mr. Lai Guihua, the general manager, Mr. Liu Mingwei, and other senior leaders witnessed this important moment together.
Valmet to Supply Complete Papermaking Line to Major Customer in Asia-Pacific
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Valmet will supply a complete papermaking line from stock preparation to reel and winders with services and a comprehensive automation solution package to one of its major customers in Asia-Pacific.
Chinese Paper Giant Chenming Reveals Debt Woes Amid Output Stoppages to Stem Losses
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Chenming Paper Holdings is facing a severe financial crisis, with over CNY1.8 billion (USD248.5 million) in overdue debts and CNY30 billion (USD4.1 billion) in short-term liabilities, at a time when the firm is halting much production to mitigate losses resulting from falling demand and prices.
Stora Enso Discontinues Sales Process for Its Beihai Mill in China
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Stora Enso has decided to discontinue the sales process for its Beihai board mill site and forestry business in Guangxi region, southern China. The company said that it "is of the view that the value in own use of the assets exceeds the achievable transaction value, and has therefore chosen to retain these operations within the Group."
ANDRITZ successfully starts up fifth tissue machine in Vietnam
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GRAZ, OCTOBER 18, 2024. International technology group ANDRITZ has successfully started up another PrimeLineCOMPACT S 1800 tissue machine at the Xuan Mai Paper mill in Ho Chi Minh City, Vietnam. The first ANDRITZ tissue machine supplied to Xuan Mai has been in operation since 2020.
ANDRITZ starts up complete pulp mill for Liansheng Pulp & Paper
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GRAZ, OCTOBER 1, 2024. International technology group ANDRITZ has successfully started up a large new pulp mill for Liansheng Pulp & Paper in Zhangzhou, Fujian Province, China. ANDRITZ supplied the complete mill with state-of-the-art technologies for all major process islands.
Valmet Opens a New Service Center in Beihai, West China
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Valmet has opened a new service center in Beihai to serve and be close to its customers in the fast-growing pulp and paper industry in the Guangxi Zhuang Autonomous Region, West China. The center is a vital service point for Valmet's customers across China.
Anti-counterfeit packaging market worth $326.3 billion by 2029
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The report "Anti-Counterfeit Packaging Market by Technology (Mass Encoding, RFID, Hologram, Tamper Evidence, Forensic Markers), End-use Industry (Food & Beverage, Pharmaceutical, Personal Care, Apparel & Footwear, Luxury Goods), & Region - Global Forecast to 2029", size for anti-counterfeit packaging reached USD 179.4 billion in 2024 and is projected to reach USD 326.3 billion by 2029, with a CAGR of 12.7% during the forecast period.
ANDRITZ to supply complete mechanical pulping line to Guangdong Guanhao High-Tech mill in China
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International technology group ANDRITZ will supply a new high-capacity chemi-mechanical pulp production line to Zhanjiang China Paper Co., Ltd., a subsidiary of Guangdong Guanhao High-Tech Co., Ltd. in Guangdong Province, China. The new line will fill the gap in the company’s chemi-mechanical pulp supply and end Guangdong Guanhao High-Tech Co., Ltd.’s dependence on market pulp.
Voith Transitions Navigator Setúbal Mill's PM 1 and PM 3 to Seamed Press Felts
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Voith announced that Navigator Paper Setúbal's PM 1 and PM 3 are now operating with seamed press felts in all press positions for the first time. The successful transition resulted from a three-year-long collaborative development between the Setúbal and Voith teams with the common goal of transitioning all press felt positions to seamed felt designs.
ANDRITZ starts up large eucalyptus pulp mill for Suzano in Brazil
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GRAZ, AUGUST 8, 2024. International technology group ANDRITZ has successfully started up a new pulp mill for the Brazilian pulp producer Suzano in the municipality of Ribas do Rio Pardo, Mato Grosso do Sul state. When fully operational, it will be the world’s largest single-line eucalyptus pulp mill with an annual production capacity of 2.55 million tons. It will also be one of the few pulp mills in the world to run without fossil fuels, based on a raw material of 100% planted trees.
ANDRITZ to supply two tissue machines to C&S Paper, China
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GRAZ, JULY 10, 2024. International technology Group ANDRITZ has received an order from C&S Paper to supply two PrimeLineCOMPACT tissue machines for its mill in Suqian City, Jiangsu Province, China.
The machines will produce tissue for household paper, napkins, handkerchiefs, facial tissues, and toilet paper at a maximum capacity of 94 t/d each. They have a design speed of 1,650 m/min and a width of 3.5 m.
Valmet to supply a high-capacity winder to Wuzhou Special Paper in China
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Valmet is to supply an OptiWin Drum two-drum base winder to Wuzhou Special Paper’s paper machine PM 19 in China. The main target of the investment is to have one winder to handle the high quality and capacity targets of the high-speed paper machine. The winder includes Valmet Perforating Splicer, a new innovation to support the fast parent roll change. The start-up of the winder is scheduled for 2025.
Brazil’s Suzano boosts CSR efforts in China
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Brazilian group Suzano, the largest pulp producer in the world, Suzano, the world’s largest market pulp producer, has unveiled the launch of itsGreen Life - Blue Future initiative at an event hosted at the China Soong Ching Ling Science and Culture Center for Young People in Beijing.
“The program, which aims to increase awareness of the importance of environmental protection and sustainability among younger generations in China