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Valmet to replace a quality control system at Papelera del Principado, Spain
Simon Matthis
Valmet will supply a Valmet IQ Quality Control System, a related reporting system and a recently launched Valmet DNA IQ Dashboard to Papelera del Principado, S.A.'s (Paprinsa) cartonboard machine in Spain. The systems will improve machine runnability and the overall quality of the end-product.
The order is included in Valmet's fourth quarter 2018 orders received. Typically, the value of these kinds of automation system deliveries is below EUR one million.
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El grupo forestal finés UPM gana 1.496 millones de euros en 2018, un 54 % más
El grupo finlandés UPM, una de las mayores compañías forestales y papeleras de Europa, tuvo un beneficio neto de 1.496 millones de euros en 2018, lo que supone un aumento del 54 % respecto al ejercicio anterior, informó hoy la empresa.
UPM incrementó un 11,7 % su beneficio bruto de explotación (ebitda) en términos interanuales, hasta los 1.823 millones de euros, gracias a una mayor demanda y al aumento de los precios en todas sus áreas de negocio.
La ganancia operativa de UPM, uno de los mayores productores mundiales de papel de revista, alcanzó los 1.895 millones de euros, un 50,5 % más que el año anterior.
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UPM CEO Jussi Pesonen named European CEO of the Year
Simon Matthis
Fastmarkets RISI, the definitive source of commodity data and insights for the forest products industry, has announced that Jussi Pesonen, President and CEO of UPM, has been named the Fastmarkets RISI 2019 European CEO of the Year. Fastmarkets RISI will present this award at the European Conference, which will take place in Vienna, Austria on
The European CEO of the Year Award is nominated by a group of investment analysts, industry consultants and commentators covering the European and global pulp and paper industry.
Reasons cited by nominators of Jussi Pesonen to win the award were: "His diligent efforts in the transformation of UPM to a business that was primarily focused on paper production to one that has broadened its reach across the paper and pulp market.
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Crece el consumo de papel, films y térmicos más de un 5%- Detalles
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- Visto: 1617
Supreme Court rejected appeal application from Metsähallitus in forest cartel compensation case - "Hearing would have been very important"
Summary:
The Supreme Court did not give Metsähallitus permission to appeal in the raw wood cartel case. The decision by the Helsinki Court of Appeals will remain in effect. Metsähallitus chairman Timo Laitinen says that it would have been important to have this socially significant and complex case heard by the highest court in the land. In 2004, an investigation was launched based on a tip-off from UPM. According to the market court, forest companies UPM, Stora Enso and Metsäliitto operated an illegal cartel between 1997-2004. They were ordered to pay 50 million EUR in fines.
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UPM is tendering for a pulp terminal in Montevideo deep sea port in Uruguay
UPM is taking part in the international public tendering process in the port of Montevideo organized by the National Ports Administration (ANP) of Uruguay. The scope of the concession tender is the building and operation of a port terminal specialized in the storage and shipping of pulp
chemicals and other inputs related to pulp production with a capacity to handle approximately 2 million tonnes of pulp annually. The tender includes the design, financing, engineering, construction, operation and maintenance of the pulp terminal. The tenure of the concession would be for 50 years.
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Forest industry won all the way in cartel case
Summary:
The Supreme Court will not take up Metsähallitus' demands in the timber cartel case. Aproximately 500 private forest owners, over 30 municipalities and Metsähallitus have litigated against Finland's three major forest companies for several years. They have all claimed compensation due to the wood cartel maintained by Metsäliitto, UPM and Stora Enso between 1997 and 2004. The ruling in the district court and in the court of appeal has in all cases been the same: It has not been possible to prove that those who sold timber to the companies suffered losses due to the cartel. The case is now closed. The Supreme Court on Tuesday announced that it will not take up Metsähallitus's appeal.