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PT Suparma Tbk boosts capacity

PT Suparma Tbk boosts capacity

May 20, 2015

PT Suparma Tbk has started up a new tissue line at its site in Surabaya, Indonesia. The Valmet-supplied Advantage DCT 100 TM increases the company’s production of bathroom tissue, towel and diaper tissue for the Indonesian market by 25,000 tonnes per year. It fulfils the company’s ambition to produce sustainable products of high quality in a...

Papelera San Andrés de Giles to start up new tissue converting line in May

(News from RISI) – Argentinean tissue producer Papelera San Andrés de Giles is to launch a new converting line by the end of May, the company’s commercial director Andrés Gagliardi told RISI. “We are completing the Tango II converting line installation, which will start up at the end of May with a capacity of 1,000 tonnes per month depending...

Private equity consortium takes minority stake in Nuqul’s FINE Hygienic Holding

(News from RISI) – A consortium led by Standard Chartered Private Equity (SCPE), the private equity arm of Standard Chartered Bank, has invested $175 million to acquire a “significant minority stake” in FINE Hygienic Holding, a subsidiary of Jordan’s Nuqul Group, according to a statement from Standard Chartered. A majority of the...

CMPC posts sales of $1.16bn in 1Q 2015; aims to start commercial operations for new BEK line in 2Q 2015

(News from RISI) – Chilean group CMPC has registered consolidated sales of $1.16bn in the first quarter of 2015, down 3% compared to the previous quarter and down 1% year-on-year. EBITDA hit $239m, 4% lower than a year ago, with a 21% margin. The company also posted a net loss of $77m in the first three months of the year, compared to a net income of $38m...

SCA says Columbian anti-trust inquiries “will not have a material financial impact”

The Colombian competition authority is conducting an anti-trust inquiry that includes the joint venture Productos Familia, of which 50% is owned by SCA. Kersti Strandqvist, senior vice president, corporate sustainability, SCA, said: “Free and undistorted competition is an important cornerstone in every society and for every business operation. “We take a...

TW new launch: Jakarta conference!

Tissue World has launched the Tissue World Jakarta conference. Taking place at the Jakarta International Expo (JIE) from 28 – 29 October 2015, the event will feature a two-day conference, 15 exhibiting-sponsors and social functions. It will be held concurrently with Hotelex Indonesia, the leading event for the hotel and hospitality industry. Click here to...

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