Kruger Products’ mill in Gatineau, Que. is receiving $15,000 from the federal government to help implement an energy management information system (EMIS).
The tissue manufacturer matched the contribution to the project, bringing the total investment to $30,000.
The EMIS is expected to further reduce energy costs and improve energy efficiency. Kruger Products has reduced its energy consumption intensity by 15 per cent and its greenhouse gas emissions intensity by 28 per cent since 2009.
more at source: https://www.pulpandpapercanada.com/kruger-to-implement-energy-management-info-system-at-gatineau-plant/?custnum=&CUSTNUM;&title=&URLENCODE(&TITLE;)&utm_source=&PUB_CODE;&utm_medium=email&utm_campaign=&URLENCODE({{*JobID}})&oly_enc_id=0240G6808812D2E
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Effective with orders shipping on or after November 1, 2017, Evergreen Packaging is increasing the transaction prices for all grades by $2.00 cwt. This increase applies to all products including, but not limited to the following brands: Rapier; RapierW; Seasons Colors; SunKraft Brown; Natural Kraft; White Foldur Kraft; Gray Kraft; Buff Kraft; Skyland Offset; Skyland Reply Card; Drawing Paper; Multipupose; Conical Cup; Stick Paper; Office Stock / File Folder.
All standard upcharges will continue to apply.
Q1/2021 (year-on-year) *Sales increased by 3.1% to EUR 2 276 (2 207) million, due to higher deliveries and prices.*Operational EBIT increased to EUR 328 (180) million, due to lower costs. *Operational EBIT margin increased to 14.4% (8.1%). *Operating profit (IFRS) decreased to EUR 161 (262) million. *EPS was EUR 0.18 (0.19) and EPS excl. fair valuations (FV) was EUR 0.22 (0.11). *Cash flow from operations amounted to EUR 185 (146) million. Cash flow after investing activities was EUR -9 (-32) million. *The net debt to operational EBITDA ratio was 2.3 (2.3). *Operational ROCE excluding Forest division increased to 12.0% (7.8%)
Maine Governor Janet Mills announced an award of $1,000,000 from the final round of the Forest Recovery Initiative of her Maine Jobs & Recovery Plan to ND Paper (NDP) for an upcoming project at NDP’s Rumford Division to enhance the efficiency of its R15 packaging paper machine. “This financial support will greatly assist our efforts to increase the efficiency of our R15 paper machine and, ultimately, the long-term sustainability of the Rumford Mill,” said Ken Liu, Group Deputy Chairman and Chief Executive Officer. “With help from the State of Maine, we are able to improve critical areas on the machine that will benefit our customers and establish R15 as a leading producer of packaging papers in North America.” “The work we’re doing at our Rumford Division is a huge part of our future and our 100-year vision to thrive as a business and as a positive contributor to the communities in which we operate,” said Liu. “We would like to extend our sincere thanks to Governor Mills and the State of Maine for their support of both ND Paper and the forest products industry through this exceptional program.”