Metsä Group completed the sale of its Russian subsidiaries to VLP Group

Canfor Pulp Products Inc. reported net income of $12.6 million, or $0.19 per share, for the third quarter of 2017, compared to $20.2 million, or $0.31 per share, for the second quarter of 2017 and $22.4 million, or $0.34 per share, for the third quarter of 2016. For the nine months ended September 30, 2017, the Company’s net income was $56.9 million, or $0.86 per share, compared to $47.7 million, or $0.70 per share, for the nine months ended September 30, 2016. The Company reported operating income of $21.1 million for the third quarter of 2017, down $10.4 million from the $31.5 million reported for the second quarter of 2017. While pulp shipments and production were both up quarter-over-quarter, the related increase in operating income was more than offset by the impact on unit pulp and paper sales realizations of a significantly stronger Canadian dollar. Pulp shipments and production volumes were up 10% and 11%, respectively, from the previous quarter, principally reflecting a decline in scheduled maintenance outages. Click Read More below for additional information.

ANDRITZ successfully started up the second of two PrimeLineTM W 2000 tissue machines delivered to Guangxi Sun Paper, China, for its mill in Beihai City, Guangxi Province. The tissue machine (TM6) has a design speed of 2,000 m/min, a working width of 5.65 m and a capacity of 60,000 t/a, and it is equipped with energy-saving components (steel Yankee with head insulation, heat recovery system, Yankee Ecosteam system for re-evaporation). Forming fabrics and press felts by ANDRITZ Fabrics and Rolls were installed for optimum end-product quality. Like the TM5 order, the scope of supply also included FibreSolve FSV pulpers, the paper machine approach flow systems, broke handling and fiber recovery, and automation systems.

International technology group ANDRITZ has received an order from Sun Paper to supply pulp dewatering and white liquor plant technologies and key process equipment for their new pulp mill in Beihai, China. Start-up is scheduled for the fourth quarter of 2021. The scope of supply on EPS basis includes the following equipment: Wet lap system with two production lines for a capacity of 1,120 admt/d bleached hardwood kraft pulp, each consisting of a Twin Wire Press for pulp dewatering, a cutter-layboy and a baling line. Evaporation plant with a high-concentration section for a total evaporation capacity of 1,100 t/h and a final dry solids content of 85%. Ash re-crystallization (ARC) system, with an ash handling capacity of 400 t/d, to treat the ash from the electrostatic precipitator by decreasing the chloride and potassium content while recovering sodium and sulfate.