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...

Paper Prime invests with new TM

Portugal’s Paper Prime has boosted its capacity after investing in a Toscotec-supplied AHEAD tissue machine. TM1 will be installed at the company’s Vila Velha de Rodão site. Included in the investment is a stock preparation plant for dry virgin pulp, an AHEAD-2.0S tissue machine with Steel Yankee Dryer TT SYD-16FT, machine auxiliaries including...

K-C reports 1Q earnings growth despite “a challenging environment”

Kimberly-Clark Corporation has reported net sales of $4.5bn – even with a year earlier – in its first quarter 2017 results. Operating profit for the quarter was $834m in 2017 compared to $804m a year earlier. Organic sales were down 3% in North American consumer products while organic sales increased 4% in developing and emerging markets. Full-year...

SCA reports 1Q EBITDA decrease of 2%; 5% net sales increase

SCA has reported an EBITDA decreased of 2% to SEK 797m in its first quarter 2017 interim results. Net sales increased 5% to SEK 3,969m compared to the same time a year ago, while operating profit decreased 7% to SEK 498m. Net sales for the group’s hygiene business for the first quarter of 2017 rose 4.2% compared with the corresponding period a year...

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