Irving Paper Team Gives New Books to their PALS at Glen Falls School’s Literacy Night

JANUARY 1 – SEPTEMBER 30, 2017 (compared with the year-earlier period, continuing operations): •Net sales increased 9% to SEK 12,422m (11,434) •Adjusted EBITDA improved 10% to SEK 2,683m (2,443) •The adjusted EBITDA margin was 21.6% (21.4) •Adjusted operating profit was SEK 1,838m (1,616) •Operating profit totaled SEK 1,725m (1,739) •Net profit for the period totaled SEK 1,278m (1,358). Click Read More below for additional information.

BillerudKorsnäs and Viken Skog plan to initiate a feasibility study about future pulp production at Follum. This will be completed during the first half of 2023. The intention is to establish a state-of-the-art production line for bleached chemi-thermomechanical pulp (BCTMP) at the Follum mill with a capacity assumption of up to 200 kt/a. The Follum mill already has much of the infrastructure needed to establish such a production line and is located in an area with competitive and sustainable wood supply and good transports to BillerudKorsnäs’ board mills. If the project will proceed after the feasibility study is completed, the investment for BillerudKorsnäs is estimated to be in the range of 600-800 MNOK. “This initiative forms part of BillerudKorsnäs’ strategy for sustainable and profitable growth and supports our ambition to grow in paperboard. To cover the increasing need for BCTMP for our growing board operations, we want to explore the possibilities of producing this pulp quality in Follum together with Viken Skog. As part of this partnership, the intention is also to enter into a long-term wood supply agreement with Viken Skog. We initially see good prospects for creating an efficient supply chain and competitive access to the raw materials needed to produce the packaging materials of the future,” comments Christoph Michalski, President and CEO of BillerudKorsnäs.

The Rumford outage recently wrapped up a historic outage and we would like to thank everyone for the hard work over the past few months.This outage was a massive undertaking, and we are excited for a more efficient and more productive future. Throughout August and September, the historic mill received a deep-cleaning, some much-needed TLC, and several major repairs and significant projects took place throughout the mill. This outage is a significant milestone in ND Paper’s commitment to operational efficiency and safety and approximately 1,000 contractors were on site performing various functions. Unlike the simultaneous annual outage, a cold outage involved a complete shutdown of all equipment and electricity. This pause in production allowed our team to make critical repairs and replacement on typically inaccessible machinery. The cold outage spanned nine days (September 5th to September 14th) and included major steam, air, water, electrical and sewer system repairs. All four boilers were taken offline, allowing for the execution of 88 work orders focused on steam system leaks and valve issues.