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Munksjö Oyj: Supplement to the merger prospectus

Supplement to the merger prospectus

Munksjö Oyj has supplemented the merger prospectus dated December 16, 2016. The Finnish Financial Supervisory Authority has on March 17, 2017 approved the supplement to the merger prospectus, which relates to the approval of the merger by the European Commission, Munksjö’s resolution on a return of equity and Ahlstrom Corporation’s resolution on the payment of a dividend.

2017-03-17  READ MORE...
Veolia chosen for the extension of the wastewater treatment plant at Munksjö’s Tolosa mill in Spain

Munksjö, the world leader in the production of advanced paper products developed with intelligent paper technology, has selected Veolia’s AnoxKaldnes™ MBBR process to treat its effluent, surpassing discharge standards required by local authorities. This new selection sets up the AnoxKaldnes MBBR as the preferred biological wastewater treatment in the pulp & paper market.

2017-03-16  READ MORE...
APP marks four-year anniversary of its Forest Conservation Policy

Asia Pulp & Paper is now on the fourth year of a plan to transform its business model through its Forest Conservation Policy (FCP) and become a leader in responsible production. The company today highlighted its ongoing commitment to the four key principles of the FCP : halting all natural forest clearances ; best practice in peatland management ; partnership with local communities ; and responsible global supply chain management. The report published today looks back at progress in 2016 and confirms the company is on track in implementing its zero-deforestation commitments.

2017-03-16  READ MORE...
Bernhard Jucker to retire from executive roles after distinguished career at ABB

Jucker to continue as Chairman of Board of Directors of ABB Germany ; successor will be announced following an orderly selection process.

ABB announced today that Bernhard Jucker (62), President of the Europe region and long term Member of the Group Executive Committee, has decided to retire from his executive roles effective June 30, 2017, after a distinguished career at ABB spanning more than 35 years. His successor will be announced following an orderly selection process.

As communicated in the press today, Jucker has been proposed to become chairman of the board of a well-known Swiss industry leader, where he has served as a member of the board of directors since 2016.

Jucker will continue to serve ABB as Chairman of the Board of Directors of ABB Germany and as an advisor to the senior leadership team.

2017-03-16  READ MORE...
Voith launches merQbiz, a Digital Trading Platform for the Paper Industry

First digital marketplace for recovered paper is launched by merQbiz in North America
Potential expansion into other regions and markets to be investigated after start-up phase

2017-03-16  READ MORE...
Trimble Acquires Savcor Oy and Silvadata to Expand its Global Reach and SaaS Solutions for the Forest Industry

Trimble announced today that it has acquired the forestry business of Savcor Oy, a global supplier of forestry solutions for performance optimization and enterprise management. Trimble has also acquired Silvadata, a provider of cloud-based data, collaboration and workflow automation services to small- and medium-sized forestry companies. The acquisitions expand Trimble’s global reach and complement Trimble’s Connected Forest solutions. Financial terms were not disclosed.

2017-03-16  READ MORE...
Munksjö has resolved on a return of equity of EUR 0.45 per share

The Board of Directors of Munksjö Oyj  has today resolved on a return of equity in the amount of EUR 0.45 per each outstanding share, representing approximately EUR 23 million in total. The return of equity is being paid, prior to the completion of the merger between Munksjö and Ahlstrom Corporation (“Ahlstrom”), which is expected to take place on or about 1 April 2017, based on the authorisation granted by the Extraordinary General Meeting held on 11 January 2017. The return of equity is being paid from the reserve for unrestricted equity and is based on Munksjö’s balance sheet as at 31 December 2015.

2017-03-16  READ MORE...
ICE Europe 2017 offers large scope of innovations

The converting industry’s leading trade show, ICE Europe, will be held from 21st - 23rd March 2017 at the Munich Trade Fair Centre in Germany. For its 10th edition the exhibition will, once again, present a large variety of new and enhanced products and services. From innovative systems for drying/curing, coating or laminating, to technical advances in finishing processes, in slitting and rewinding, environmentally-friendly hotmelt and glue, the latest rolls, rollers and sleeves, new software solutions, precise control, test and measurement systems as well as innovative printing applications - visitors will be able to get a comprehensive overview of all prevailing trends in converting techniques.
A total of 430 exhibitors from 28 countries will present their innovations on a net floor space of some 11.000m2. Live demonstrations at the exhibition stands are, once again, a special focus of the show. Key exhibitor countries are Germany, Italy, Great Britain, Switzerland, the USA, France and the Netherlands.

2017-03-15  READ MORE...
Walki develops new biodegradable mulching paper

Walki has developed a new fibre-based soil mulching solution that is completely biodegradable. This organic mulch type, which is used for weed control and to optimise soil conditions and crop yield, is the first of its kind on the market.

Walki, a leading global producer of technical laminates and protective packaging materials, has developed the first-ever organic mulching solution that is based on natural biodegradable fibres instead of plastic. Mulch is a layer of material applied to the surface of an area of soil. It is designed to conserve moisture, improve the fertility and health of the soil and control weed growth. Soil mulching also reduces the need for pesticides, fertilisers and irrigation.

2017-03-15  READ MORE...
Metso Digital Program set to accelerate business growth

Digital domains are maturing fast in Metso’s business environment. Metso has set up a Digital Program to accelerate the company to a new level in digital capabilities, required to succeed in the future of minerals processing and flow control. Metso’s ambition is to become one of the digital leaders in the industries it serves. This means for example turning customer interaction more data-driven, and proactively addressing issues and opportunities based on insights drawn from data.

"Digitalization is an integral part of our business development, supporting our growth," says Matti Kähkönen, CEO, Metso Corporation. "We focus on very practical and concrete ways to go forward. Digitalization is a tool to make things happen. New technologies are here and new business models can help us grow," he continues.

2017-03-15  READ MORE...
UPM supports children's opportunities to participate in after school sports clubs in Finland

UPM will become the supporter of children’s after school sports clubs in Finland. The project aims to provide as many children as possible the opportunity to participate in an after school sports club or other recreational afternoon activities. UPM’s support is targeted to local operations such as trainers’ fees, equipment and facility costs, particularly in UPM’s largest production locations in Lappeenranta, Kouvola and Rauma. The project is coordinated by the Finnish Olympic Committee.

Finland is making a lot of commendable work around children’s after school sports clubs. Although the number of clubs has increased, still two thirds of the primary school pupils are excluded from recreational after school activities in connection with the school day.

2017-03-15  READ MORE...
Recycling paper strengthens the circular economy

FEFCO welcomes the European Parliament’s vote today supporting the ambitious report on the waste package adopted by the Environmental Committee in January 2017.
Recycling keeps materials like paper & board alive for a long time. The circular economy needs recycling to keep the value of the materials in the loop and to minimise the use of resources.

2017-03-14  READ MORE...
The French Paper mill Ecocis has been put into liquidation

The French Paper mill Ecocis, which should have restarted to produce market deinked pulp, has been put into compulsory liquidation. The 51 employees have received their termination notice. The 15 hectares of the Voreppe site near Grenoble are for sell. BpiFrance, a partner of Ecocis’ owner, Springwater Capital, has made a complaint against Martin Gruschka, Springwater Capital’s boss. Two investigating judges have been appointed.

2017-03-14  READ MORE...
The Italian GapCon tissue S.r.l. joined the PAPCEL Group of companies

By the end of 2016, the Italian company GapCon tissue S.r.l. joined the PAPCEL Group of companies. Following the acquisition of the Italian group Comecart (Burgo Group), the French company ABK Machinery and the Spanish company Gorostidi, another world famous manufacturer of technology for packaging grades as well as graphic and tissue papers joined the PAPCEL Group of companies.

2017-03-14  READ MORE...
Made to measure ‘real’ recycling rates will target investment where it matters most

The European Parliament has today opted to follow the ambitious lead set by Environment committee’s vote on the Circular Economy package in January this year.
The most important outcome from today’s vote is that MEPs moved in favour of one single calculation method that enshrines real and comparable recycling rates both in and for Europe.
“Today, the European Parliament has fully grasped the opportunity to make the Circular Economy work for Europe by enabling industry and local authorities to better target where investment needs to take place” says CEPI Director General Sylvain Lhôte
CEPI recognises that the new recycling targets are ambitious while providing new opportunities in terms of improving quality.

2017-03-14  READ MORE...
Agreement between Recard and Voith: the Crescent Former for Star Paper Mill Ltd. will mount the NipcoFlex T shoe press

An important collaboration has been agreed between Recard and the German Group Voith to equip the Crescent Former commissioned by Star Paper Mill Ltd. in Abu Dhabi with the latest-generation NipcoFlex T shoe press.

2017-03-14  READ MORE...
GL&V to supply new equipment to BillerudKorsnäs Gruvön Mill

GL&V Sweden AB is pleased to announce that BillerudKorsnäs Gruvön Mill has placed an order for a complete Refiner and Deflaker system and a combined Save-All/Broke Thickener together with Duflo® Pump technology to their new Board Machine, Next Generation project.

GL&V Sweden AB will deliver thirteen DD®6000 Refiner and three DF-20-2 Deflakers for print-, middle- and back ply. The energy efficient DD6000 refiners will be equipped with the patented Anti-Plate Clash System, APCS, which detects and prevents Refiner Plate clashing. GL&V´s Refiner Plate Wear Indicator, an accurate laser-based system that measures the refiner plate wear, is also included in the scope.

2017-03-14  READ MORE...
Cellwood to upgrade stock preparation line for Sattur Sri Duplex Boards in Sattur, India

Cellwood Machinery was awarded an order from Sattur Sri Duplex Boards to upgrade the stock preparation line with a 75 Tpd - Krima Dispersing Unit. This new Krima unit will be used for improving the quality of top layer. The delivery will take place summer 2017.

2017-03-14  READ MORE...
Munksjö launches Steralia, a medical paper for high-performance sterilisation pouches

Munksjö, a world-leading manufacturer of advanced specialty papers, announces the launch of Steralia[TM], a technical paper for the manufacturing of medical pouches used for the sterilisation of medical devices. Once sealed, such medical pouches help identify the sterilisation method used, and once sterilised, maintain the sterility of the contents until opening, reducing infection risk for maximum patient safety.

2017-03-14  READ MORE...
Munksjö: The combination of Munksjö and Ahlstrom is approved by the European Commission and expected to be completed in the beginning of April 2017

The European Commission has today approved the merger between Munksjö Oyj and Ahlstrom Corporation. Munksjö and Ahlstrom have now received all pre-closing competition approvals required for completing the merger.

The merger is currently expected to be completed on or about 1 April 2017. As communicated earlier, the completion of the merger is subject to certain customary conditions concerning, among other things, the availability of financing and the absence of events that would have a material adverse effect on either company.

Munksjö and Ahlstrom have agreed to distribute funds to their respective shareholders prior to the completion of the merger in the amount of approximately EUR 23 million each, corresponding to EUR 0.45 per share in Munksjö and EUR 0.49 per share in Ahlstrom. The Boards of Directors of Munksjö and Ahlstrom intend to resolve on the distributions on or about 16 March 2017. If the distributions are resolved upon on 16 March 2017, their record date would be 20 March 2017 and payment date 27 March 2017.

2017-03-13  READ MORE...
ASPAPEL’s 2017 Blue Birdies awards For Excellence in the collection of paper and board for recycling

Twenty-nine Spanish local authorities (town councils and groups of municipalities) in twelve autonomous regions have been recognised for the excellence of their management of selective paper and board collection in the first edition of ASPAPEL’s Blue Birdies scheme. The Blue Birdies 2017 award ceremony took place in Madrid under the chairmanship of Isabel Garcia Tejerina, Minister of Agriculture & Fisheries, Food and Environment, and was attended by numerous mayors and presidents of local associations.

Three Blue Birdies : The town councils of Lleida, Fuenlabrada, Logroño and A Coruña, the Urban Waste and Energy Consortium of Menorca, and the Greater Pamplona Area Council

Two Blue Birdies : The town councils of Barcelona, Reus, Alcorcon, Bilbao, Burgos, Cadiz, Ciudad Real, Gijon (plus EMULSA), Granada, Leon, Segovia and Soria, the Association of Municipalities of l’Alt Emporda, the No. 1 Consortium Association of Huesca (plus GRHUSA), and the Association of Western Costa del Sol Municipalities

One Blue Birdie : The town councils of Terrassa (plus ECOEQUIP), Coslada, Leganes, San Fernando, Sevilla (plus LIPASAM), Valladolid and Zaragoza and the Urban Solid Waste Consortium for the province of Ciudad Real.

2017-03-13  READ MORE...
Double success for Metsä Board at prestigious iF Design Awards

Metsä Board’s highly creative designs achieved a double success at this year’s iF Design Awards. T2 Mini Fruit Tea packaging won an iF Design certificate for ‘Beverages’ and the company’s own innovative Elevated drink box won another iF Design certificate for ‘Independent Packaging’. Both packaging designs were created by Metsä Board’s design team.

2017-03-13  READ MORE...
New barrier materials using microfibrillated cellulose

Sébastien Raynaud defended his doctoral thesis at University Grenoble Alpes prepared under the supervision of Professor Alain Dufresne (Grenoble INP-Pagora / LGP2) and of Dr David Guérin, Manager Research Unit (Centre Technique du Papier). He presented the results of his research work entitled Development of new barrier materials using microfibrillated cellulose.

2017-03-13  READ MORE...
Sonoco-Alcore to Increase Paperboard Prices in Europe

Sonoco-Alcore S.a.r.l. today announced it will raise prices by €60 per tonne (£50 / tonne) on all recycled paperboard grades sold in the Company’s European regions. The price change is effective with shipments on or after 17th March 2017.

2017-03-13  READ MORE...

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