Twin Rivers Announces Price Increase on Specialty Products

The transaction includes the acquisition of CPG’s Carmignano and Condino Mills in Italy, its digital imaging business located in Cham, Switzerland as well as all brands and know-how. It will be funded through internal cash resources. The transaction is conditional on the approval from certain competition authorities. We expect the acquisition to be completed during the first calendar quarter of 2018. The main benefits of the acquisition include: *Supports Sappi’s diversification strategy and 2020vision to grow in higher margin growth segments. Strengthens Sappi Europe’s speciality and packaging papers footprint and skills; adds 160,000 tons of speciality paper to our capacity. *Increases Sappi’s relevance in speciality papers, opening up new customers and markets to Sappi’s existing products and generating economies of scale and synergies. Click Read More below for additional information.

Solenis, a leading global producer of specialty chemicals for water-intensive industries, has signed an agreement with Beijing PhaBuilder Biotechnology Co., Ltd., (hereinafter referred to as PhaBuilder), an innovative synthetic biology enterprise, to collaborate on further developing key PHA-based (Polyhydroxyalkanoate) technology for the paper packaging market. “The global agreement between Solenis and PhaBuilder will enable unique technology to the paper packaging market to meet the growing need for more sustainable solutions in the packaging industry,” said William (Bill) Kuecker, Senior Director, Global Strategic Marketing, at Solenis. “This strategic cooperation will help enhance the application of PHA-based materials,” said Ms. Sherry Xu, President, PhaBuilder. “The newly developed technology will ultimately reduce the impact on the environment, bringing a greener and more sustainable future.”

Neenah announces the release of DISPERSA (TM) Dissolvable Paper, a water-soluble paper that dissolves completely and rapidly in water. DISPERSA (TM) Dissolvable Paper addresses key market needs dictated by an increased focus on environmental awareness, industrial and consumer safety, and convenience. It is 100% dispersible in water in seconds or minutes, depending on conditions, and suitable for flexographic, laser, and inkjet printing technologies. The paper has unique dry strength properties that allows it to withstand the converting processes, but still dissolves when exposed to water. Applications include food rotation labels for reusable food containers in commercial kitchens and heat sealable pouches for safer handling of hazardous substances. DISPERSA (TM) Dissolvable Paper will be manufactured in the USA.