Hebei Huabang and Baosuo Enterprise signed a contract for two BaoTuo Crescent Former Tissue Machine. Both machines have a designed speed of 1,300m/min and a trim width width of 3.55 m. Each machine has a production capacity of 70t/d when producing basis weight of 15 g/m2. Startups are expected in the second half of 2020. Huabang currently has two BaoTuo tissue machines, with an annual output of 30,000 tons was completed in 2016.
The transaction strengthens Kemira’s position in North America and supports its growth in industrial water treatment services.
The Board of Directors of Valmet Oyj has decided to initiate a strategic review to evaluate a potential separation of Biomaterial Solutions and Services, and Process Performance Solutions
Sami Riekkola, Executive Vice President, Pulp, Energy and Circularity business area, and a member of Valmet’s Executive Leadership Team, has decided to leave Valmet
Consolidated EBITDA for the second quarter of 2026 amounted to €27 million, up 16% on the same period in 2025.