PPI Europe

News & Market Stories

  • Mercer wraps up biomass and sawmill deals in Germany, signs new credit facility

    Mercer International has completed the acquisition, via its wholly-owned subsidiary Mercer Timber Products of one of Germany’s biggest sawmills and a biomass power plant near the town of Friesau. The deal, which marks Mercer’s entry into the European lumber sector, was valued at $55.1 million plus defined More

  • Europac sells its logistics operator of Viana do Castelo port in Portugal

    Papeles y Cartones de Europa (Europac) has entered into an agreement to sell Europac Logistica, a company that provides maritime transport services in the commercial port of Viana do Castelo in Portugal. According to Europac, the company was acquired by Servinoga, which is part of the Nogar More

  • German paper core manufacturers bemoan massive cost pressure

    The German manufacturers of solid paper tubes and cores for the paper, film and textile industries can look back at a satisfying year 2016. Acccording to the industry association Fachvereinigung Hartpapierwaren und Rundgefäße (FHR), the sector’s sales came in at approximately Euro 250 million ($264.7 million) last More

  • News at a Glance: SCA, MTorres, Universal Tissue

    Spanish machinery producer MTorres has acquired Italian tissue line specialist Universal Tissue. The new company will operate under the name MTorres Tissue. “The merger of two experienced teams becoming one leverages innovative technology from different sectors and enables MTorres Tissue to provide exceptional value to our customers,” More

  • Poor material quality threatens UK’s recycling sector

    The poor quality of material is the biggest threat to the UK recycling sector, according to an industry survey conducted by The Recycling Association. The study, conducted during the Quality First Recycling Conference, revealed that 59% of respondents thought the quality of the raw material is a More

  • UK printer Anton Group goes bust

    The UK printer Anton Group has stopped operating. The firm’s administrator Deloitte has made redundant most of the staff and is now concluding the sale of the firm’s assets. “The company had around 300 employees at the time of appointment, of whom 123 individuals were made redundant More

  • AkzoNobel outlines plan to separate chemicals unit from paints and coatings business

    AkzoNobel has unveiled its strategy for separating its specialty chemicals business from its paints and coatings division, a move it says will boost growth in both areas. The firm also said it would make an increased dividend payment to shareholders this year. The move comes as the More

  • UK’s Supreme Court denies tobacco firms permission to appeal against plain packaging

    In a final ruling, the UK Supreme Court has denied major tobacco firms – British American Tobacco, Philip Morris International, Japan Tobacco International (JTI) and Imperial Brands – the permission to appeal against the UK government’s new plain packaging law, which came into force in the UK More

  • Austria’s P&P sector raises production again in 2016

    The Austrian pulp and paper (P&P) industry can look back at a successful 2016. According to the industry association Austropapier, paper production in the country increased for the third year in a row and reached a total of some 5.0 million tonnes, 0.6% more than in 2015. More

  • Italy’s Ariete taps Toscotec to install tissue machine at Cava dei Tirreni mill

    Toscotec will supply a new modulo-plus tissue machine to Ariete’s Cava dei Tirreni paper mill. The machine, which will have a crescent former configuration and a single-layer headbox, will replace the existing one.  Start-up is scheduled for July 2017. “Toscotec will also provide approach flow, electrical and More