Euro-Graph Publishes Monthly Statistics of the European Graphic Papers Industry

As one of the global leaders in electrotechnical paper manufacturing for insulation of high voltage cables and transformers, Ahlstrom-Munksjö plans to increase pulp production capacity and improve environmental performance of the Billingfors pulp line, Sweden. The investment involves rebuilding the recovery boiler and debottlenecking the pulp line. When completed in the third quarter 2019 the plant will meet stricter environmental regulations thanks to improved process combustion, reducing air emissions. Ahlstrom-Munksjö has also decided to modernize the bailing line at Aspa pulp plant, Sweden. The investment of EUR 4 million will improve safety level at the bailing line, improve production efficiency and give access to a more favorable customer mix. The new line is estimated to start during the first half of 2019. During the modernization production will continue normally. Click Read More below for additional information.

Executive Summary: ◦Third quarter 2017 net sales of $4.6 billion increased 1 percent compared to the year-ago period. Changes in foreign currency exchange rates benefited sales by nearly 1 percent and organic sales rose slightly. Organic sales were similar in North American consumer products. Outside North America, organic sales increased 3 percent in developing and emerging markets and fell 3 percent in developed markets. ◦Diluted net income per share for the third quarter was $1.60 in 2017 and $1.52 in 2016. Results benefited from volume growth, cost savings and reduced marketing, research and general spending, while performance was impacted by lower net selling prices and input cost inflation. ◦The company continues to expect that full-year 2017 net sales and organic sales will be similar, or up slightly, year-on-year. The company also continues to anticipate that full-year 2017 earnings per share will be at the low end of its target range of $6.20 to $6.35. Click Read More below for additional information.

Kimberly-Clark Corporation has approved a capacity expansion project at its Mobile, Alabama manufacturing facility that will support K-C Professional's continued bath tissue category growth in North America. "The Mobile team is excited about the role we will play in supporting the projected growth of the bath tissue category in North America as a result of this capacity expansion project," said Todd Visscher, Mill Manager for Kimberly-Clark's Mobile operations. "This investment, the commitment of our employees, and the community support will together bolster Mobile Mill's competitive position within Kimberly-Clark." With an estimated investment of more than $100 million, this two-year project is expected to deliver improved capacity, greater manufacturing efficiency, and enhanced product quality. Click Read More below for additional information.