New product facilitates short cycle time RTM and rounds out EPIKOTE line of products suitable for Automotive processing
Mika Paljakka (43), who has held the Corporate Management Team position of SVP, Human Resources of Metsä Board Corporation, part of Metsä Group, has been appointed Sales Director, Cartonboards, USA. Paljakka will be located in the Metsä Board’s US sales office and he will report to Jorma Sahlstedt, SVP, Paperboard sales, USA.
Trelleborg (STO:TRELB) has completed the acquisition of Printec, the printing blankets business of Day Brazil SA. Printec has a strong presence in Latin America and in the U.S. with a single production facility in Brazil. Printec has annual sales of approximately SEK 250 M and has approximately 160 employees.
EXPANSION WILL BETTER SERVE AEROSPACE AND COMPOSITE INDUSTRIES
All of UPM’s European pulp and paper mills are now certified in accordance with the EU Eco-Management and Audit Scheme (EMAS), a voluntary environmental management system. In addition, the Fray Bentos pulp mill in Uruguay is the first non-European mill to be included in the EMAS. Altogether UPM’s corporate registration and the respective environmental statement cover total 21 pulp and paper mills.
BASF is increasing the prices of the polyalcohols neopentylglycol (NPG) and trimethylolpropane (TMP), with immediate effect or as existing contracts permit by 150 /mt in Europe.
Metso Corporation’s Board of Directors is to convene an Extraordinary General Meeting on October 12, 2012 to decide on an extra dividend. The Board of Directors will propose that an extra dividend of EUR 0.50 per share shall be paid for the financial year ended December 31, 2011 in addition to the dividend of EUR 1.70 per share already paid in accordance with the resolution of the Annual General Meeting.
