M+M reports that consolidated sales increased by 6.9 % or EUR 57.7 million to EUR 894.9 million in the first half of 2008. This
growth results mainly from volume gains in both divisions as well as higher prices.
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Ilim Holding S.A. (the owner of Ilim Group) closed the deal on the purchase by the Russian division of Knauf Company of 56% of Saint-Petersburg Cartonboard and Printing Mill (KPK) shares owned by Ilim Holding S.A.
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Ilim Holding S.A. (the owner of Ilim Group) and Knauf have signed an agreement concerning the purchase of 56% of Saint-Petersburg Cartonboard and Printing Mill (KPK) shares owned by Ilim Holding S.A. by the Russian division of Knauf Company.
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Metso Paper will supply a paper making line to the greenfield mill of Propapier GmbH & Co. KG in Germany. The new line, producing up to 650,000 tonnes of liner and fluting grades of 70-130 g/m2 annually, will be located in Eisenhüttenstadt, near the Polish border, and will come on stream in late 2009.
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Mondi Group ('Mondi') is pleased to announce that it has signed the delivery contract with Metso for a new lightweight recycled containerboard machine with a production capacity of up to 470,000 tonnes a year.
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All that was needed was €74 million, 1,400 contractors and an unyielding desire to improve the quality of one of the world’s best paperboards – Invercote. In September Iggesund Paperboard implemented an extensive rebuild of the wet end of its board machine number 2 at Iggesund, Sweden. The project also included improving water treatment at the mill and installing a new lime kiln. The aim was not to increase production but rather to improve quality.
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Over January - February 2007, St. Petersburg Cartonboard and Printing Mill has produced 42,1 thousand tonnes of cartonboard, including 36,5 thousand tonnes of market cartonboard, 3 thousand tonnes (9%) up as compared to the same period of 2006, reported the press-centre of Ilim Pulp.
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