ANDRITZ to deliver a complete OCC line including a reject treatment system to Indah Kiat, Indonesia

Earlier today we notified our employees that we have completed the sale of Twin Rivers’ unbleached Kraft paper mill in Pine Bluff, Arkansas to American Kraft Paper Industries, an affiliate of the global industrial group American Industrial Acquisition Corporation (AIAC). Our press release, which will be published this afternoon, is included for your reference. The sale of Pine Bluff is aligned with Twin Rivers’ strategy of prioritizing the growth of our core specialty papers business and product offering and investing in our Madawaska and New York assets. Twin Rivers Paper is pleased to continue serving your needs for all paper grades made at our Madawaska and New York mills. If Angela Swenson has been your account lead for Madawaska or New York grades, a Twin Rivers account manager will be contacting you immediately to ensure your ongoing needs are fully met.

Give your challenging pressure-sensitive applications a strong base with Linerset, Lecta’s new release liner. The Linerset paper range guarantees high performance for all your self-adhesive materials in labelling, graphic films, tapes and industrial applications. Linerset CCK and Linerset CCK Duo are the first products from this new release liner range. Linerset CCK is a one-side clay-coated release paper for siliconization with good dimensional stability and lay-flatness. Available from 55 to 135 g/m², lower substances are generally used for labelling and the higher substances for graphic film applications. Linerset CCK Duo is a two-side clay-coated release paper for siliconization with a special reverse side treatment. With good dimensional stability as well and extra lay-flatness, the 120 to 135 g/m² substances from have been specially developed for graphic film applications. Additional Linerset glassine and Linerset SCK release liners will also be available soon in order to expand the new Linerset range.

*Operating profit for January-June 2024 amounted to SEK 1 927 million (January-June 2023: 2 875). The decrease in operating profit is due to lower paper prices and the positive impact of income from the sale of surplus electricity the previous year. *Compared with the first quarter, operating profit for the second quarter increased by SEK 39 million to SEK 983 million. The operating margin was 17 per cent (17). *Profit after tax for January-June amounted to SEK 1 487 million (2 261), which corresponds to earnings per share of SEK 9.3 (14.0).