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32 PEOPLE


PCMC appoints new aftermarket sales executive


in controls obsolescence upgrades at Paper Converting Machine Company (PCMC). A division of Barry-Wehmiller, PCMC is a leading supplier of high-performance converting machinery for the tissue, nonwovens, package-printing and bag-converting industries In his new role, Charapata will


S


work with customers to develop a controls obsolescence strategy by identifying and prioritising equipment, developing a plan, and proposing solutions that can provide a phased approach


teven Charapata has been appointed as aftermarket sales executive, specialising


converting equipment. He joins PCMC from Zepnick Solutions, where he was a controls obsolescence project leader. “Steve’s expertise and extensive


Steven Charapata


to manage risk, downtime and capital expenditures. Charapata has more than 20


years of experience updating obsolete controls systems on PCMC machines and other


controls experience will be assets for our customers,” said Joe Schuh, aftermarket sales director. “Complete controls upgrades can be overwhelming. Steve will work with our customers to create a comprehensive, effective and well thought-out plan that will minimise their risks and downtime. He brings a unique understanding of controls systems, hardware and software design, and capital equipment. We’re thrilled to have him join our team.”


Merger of Valmet with Neles to offer ‘more comprehensive service’


Engineering company Valmet Oyj is planning to merge with fellow Finland-based firm Neles Corporation, a manufacturer of valves and also control systems. A merger plan has been signed


that will create “a leading company with a unique offering for process industries globally” which will retain the name Valmet Oyj. It will be listed on the Nasdaq Helsinki stock exchange. With expected global sales of €4.3 billion (based on 2020 figures), of which Neles would contribute about €580m, the combined company will offer a more comprehensive service to its customers, including board, paper, tissue, pulp and energy technologies, flow control systems, automation systems and services. Moves towards the merger started


July/August 2021


Valmet’s chief executive Pasi Laine: “strong offering to global process industries”


in July 2020 with the acquisition of Neles shares by Valmet. Pasi Laine, Valmet’s president and chief executive, will continue in the same roles in the new company. He said in a recent letter to shareholders that the merger would create a wider global services network that will be strengthened by the combination of 54 production units, 140 service


Nele chief executive Olli Isotalo: “positioned for best- in-class growth”


centres, sales offices, 23 R&D centres and performance centres, all of which will improve the customer service and experience. Laine said: “We are delighted with the announcement of the merger which will create an even stronger Valmet with a strong offering to global process industries and a global team of 17,000 professionals around the world. The


Pulp Paper & Logistics


Metsä Tissue chief to open Tissue World conference


Chief executive of Metsä Tissue and Metsä Group Esa Kaikkonen will give the keynote address at Tissue World Düsseldorf. He will be discussing the


future of the tissue industry with an audience of senior executives as part of a two-day conference – the theme of which will be ‘Turning a new page in tissue: The route map for a reshaped world’ – being held during the three-day show, being held from 21- 23 September 2021.


Esa Kaikkonen


combined company will have solid business fundamentals, a strong financial profile, attractive growth potential and estimated synergies contributing to the enhanced shareholder value.” Neles was founded in 1956 to manufacture industrial valves to a wide range of process industries. Chief executive Olli Isotalo said: “Through our capabilities and know-how, we have positioned Neles for best-in-class growth and profitability and now look forward to accelerating this agenda as part of the combined company. We are delighted about the opportunities to continue to execute our growth in flow control across process industries from an even stronger base. “The combination also creates


attractive opportunities to digitalise our joint services to support customers’ efforts to achieve greater sustainability in their operations.”


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