Crown Van Gelder is investigating together with Eneco a next step into a sustainable future by maybe building an electrical boiler of 25 megawatt onsite! (big water cooker). This boiler can be powered by electricity provided by an offshore wind farm close to the factory. With the boiler Crown Van Gelder is able to power down the gas burning turbine during days with enough wind! Hopefully there is enough wind and funding to make this happen. Check this Dutch spoken movie with English subtitles by clicking read more below.
The construction of Empire Recycled Fiber mill in Fairless Hills, Pennsylvania is scheduled to commence this fall. The work on the mill project had started almost a year ago. The financing for the project is expected to close during Q3 2020. The construction works may take 12-14 months, thus gearing up for a 2022 startup. Upon full operations, the plant will employ approximately 110 full-time manufacturing employees. According to company press release, the mill will be constructed at an investment of $125 million. The facility will take in over 500,000 tons per year of recovered fiber and produce almost 440,000 tons per year of recycled paper pulp to be used as raw material by paper manufacturers.
American Forest & Paper Association (AF&PA) President and CEO Heidi Brock issued the following statement regarding the newly implemented U.S. – Mexico – Canada Agreement (USMCA), which marked its entry into force today: “The American Forest & Paper Association recognizes that today is a historic day marking the entry into force of the U.S. – Mexico – Canada Agreement (USMCA), which will preserve free and fair trade in North America and commit the countries to combat illegal logging and associated trade."
Solenis, a leading global producer of specialty chemicals, is participating in the Piloting Alternatives for Plastics project, a global initiative to help develop the next generation of fiber-based materials to replace plastics used in food packaging, filters, hygiene products and other goods. Solenis is joining more than 50 other companies in the technical consortium, including major packaging and paper manufacturers, led by VTT Technical Research Centre of Finland (VTT). During the 30-month project, the group will work to identify materials and manufacturing methods best suited for full-scale development. The goal is to reduce the time it takes to move projects from initial laboratory results into commercial production.
Neenah, Inc. announced that the Company has entered into a Term Loan Credit Agreement, providing a Term Loan B Facility of seven years in the amount of $200 million. The Facility is rated BBB-by S&P Global Ratings and Ba3 by Moody's Investors Service. Neenah also announced today that it is calling its outstanding 2021 notes for redemption in full on July 16, 2020. Proceeds under the new Facility will be used to redeem the $175 million of outstanding 5.25% 2021 notes, repay borrowings under the Company’s senior secured revolving credit facility, and for general corporate purposes. The Company also has amended its Global Asset Based Lending Agreement to reduce the revolving credit facility from $225 million to $175 million and make certain other changes related to the refinancing and resizing. The interest rate under the new Facility will be determined based on LIBOR or other published rates, with an expected initial rate of approximately 5.00%. The Term Loan Credit Agreement contains no financial maintenance covenants and includes other customary covenants for agreements of this nature. The Facility may be prepaid with a one percent call premium for the first 12 months, after which it may be prepaid, in whole or in part, without premium or penalty.
Ahlstrom-Munksjö establishes a partnership with Spanish sports and life style accessories company BUFF® to provide filter media for face masks. The BUFF® face masks are now available in the United States and Canada following a launch in Europe in June. Each BUFF® face mask includes five single-use filters in the original packaging. Replacement filters are sold separately in packs of 30 units.
Kotkamills’ easily recyclable and biodegradable ISLA® Duo barrier board has received the Seedling and DIN-Geprüft certifications for industrial compostability. The internationally recognized certificates have been issued by DIN CERTCO to demonstrate the biodegradability of the environmentally friendly product and the compliance of ISLA® Duo with the European standard EN 13432. “The certificates issued to ISLA® Duo are a result of dedicated product development and a very fine achievement. Developing environmentally friendly products and sustainable solutions is our main objective,” notes Kotkamills’ CEO Markku Hämäläinen.
Dr.-Ing. Fabian Gaus, 39, has joined the management board of LEIPA Group GmbH on 1 July 2020. He takes over the newly created function of Chief Sales Officer (CSO). His central field of responsibility in this function will be the goal- and future-oriented development of the LEIPA Group's sales activities. With a doctoral degree in mechanical engineering, Dr. Gaus has extensive knowledge in the manufacturing and energy industries, and with asset-heavy businesses in particular. Most recently, Dr. Gaus was Managing Director and CFO of Innogy Renewables US and Georgia Biomass, two subsidiaries of European utility innogy group in the United States. Georgia Biomass operates the largest wood pellet plant in the world.
Appvion is a North American leader in specialty papers and coatings. We aim to achieve sustained profitable growth for continued successful business development and improved corporate citizenship through responsible business practices and integrity. We are committed to building environmental sustainability, social responsibility, and effective corporate governance into all aspects of our business while ensuring that ecological stewardship is a key component of our corporate responsibility. Our approach to sustainability is focused on four key areas: Environment; Community; Workplace; and Economy.
TAPPI has named Steve Voorhees, chief executive officer of WestRock, as the TAPPI/PIMA Executive of the Year. WestRock, headquartered in Atlanta, Georgia, is a global provider of differentiated paper and packaging solutions. “Since taking the helm at WestRock in 2015, Steve has expertly managed its electrifying growth, helping WestRock more efficiently and economically serve customers,” says Larry N. Montague, TAPPI president and CEO, in a statement.