Markets

PMP Group moved to Valmet

The Polish concern became part of the Valmet Paper business line. Today the PMP Group employs about 650 people in Poland, China, the USA and Italy. In fiscal 2019, net sales were around € 70 million. “Valmet's technology and service for fast large format machines, combined with the PMP (Producent...

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Prinzhorn stops the 100-year old KDM in Trostberg

The reasons are the reduction of orders, as well as high costs for maintenance and operation of the line. The vehicle shutdown is planned by the end of 2020 and will affect 40 employees at Hamburger Rieger Trostberg (Hamburger Containerboard Group). The company is now negotiating with union representatives. The...

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German paper packaging market shrinks 2.5% in 2019

In quantitative terms, paper and cardboard packaging was the largest on the market - about 47%, according to the Joint Committee of German Packaging Manufacturers (GADV). In total, about 19 million tons of packaging were produced in the country in 2019, which in physical terms means a decrease of 1.8%...

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JSC Volga – about the newsprint market

Comments of Aleksey Vdovin, Deputy General Director for Sales at Volga AO, on the situation on the paper markets in Russia and the world and plans to expand the company's product portfolio. - “The coronavirus pandemic has hit the economies of all countries without exception. If we describe the situation...

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Valmet started buying Polish PMP Group

The deal is expected to be completed by the end of the year. The value of the Jelenia Góra paper machine plant is approximately 64 million euros. “The acquisition will combine companies with different consumer segments,” says Jari Vähäpesola, president of Valmet's paper business. - The PMP (Producent Maszyn Papierniczych)...

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