Former SCA managers avoid prosecution for bribery

(News from RISI) – Sweden’s anti-corruption watchdog has terminated the pre-trial investigation into possible bribery against SCA ex-managers including the former chief executive Jan Johansson and former chairman of the board Sverker Martin-Löf. The preliminary investigation has been concluded in its entirety, chamber prosecutor at the National...

Hayat Kimya boosts Russian capacity

Turkey’s Hayat Kimya has boosted its capacity in Russia after investing in an Advantage DCT machine, to be supplied at its mill in Yelabuga in Tartaristan. TM7 will have a width of 5.6m and a design speed of 2,200m/min. The investment was made in response to customer demand for high-quality tissue products. Supplied by Valmet, it will add 70,000tpy of tissue...

Sofidel targets Spanish market with Ibertissue investment

Sofidel has invested in an Advantage NTT tissue production line to be installed at its Ibertissue mill in Buñuel, Spain. Delivery includes an Advantage NTT 200 tissue production line, stock preparation equipment and automation system. Start-up of the new Valmet-supplied line is scheduled for the third quarter of 2018. The new tissue machine will have a design...

ICT Iberica boosts capacity by 70,000tpy with TM investment

Spain’s ICT Iberica has invested in an Advantage DCT 200HS tissue line which will be installed at its mill in Burgo. The new line will add 70,000tpy of high-quality toilet, towel, facial, and napkin grades to the European market and start-up is planned for the third quarter of 2018. Riccardo Baccelli, ICT executive director, said that following the investment,...

Futura appoints new BoD and promotes Piero Ceccon to CEO

Futura has announced a new board of directors and promoted Piero Ceccon to chief executive. The board is joined by head of technology & FuturaLab Giovacchino Giurlani and head of operations Giulio Simonelli. They will both keep their respective positions in addition to joining the board. Ceccon joined Futura three years ago and was previously head of sales...

PAPCEL boosts presence with PMT Italia acquisition

PAPCEL has completed the acquisition of Pinerolo-based company PMT Italia, helping it expand its presence in the USA and China. PMT manufactures and supplies technology for the production of graphic papers and packaging paper grades. By merging with PMT, the number of employees has increased by more than 70 for the whole group. It is a specialist in the supply...

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