Diversification and its reflections on profitability - strategic change in pulp and paper industry in the years 1996 and 2006

The purpose of the thesis was to analyze diversification in pulp and paper industry (PPI), which is an industry facing enormous strategic challenges as many of the basic parameters of its operational environment are rapidly changing. The objective was to explore, how PPI companies have reacted to these changes by adjusting their strategies in terms of diversification and how the adjustments have affected their profitability. The study was statistical in nature. The results indicate that PPI companies in deed had reduced the degree of unrelated and related diversification , but the positive performance implications of the changes were debatable. In light of the data used in the study lower level of diversification did not lead to better profitability, in fact, the companies with the highest level of diversification had the best profitability. By contrast, reducing the level of unrelated diversification improved the profitability development; whereas reducing the level of related diversification deteriorated the profitability of the company. The results were not statistically significant and they cannot be generalized outside the data of the study.

Impact of Investment Strategies on Performance in Pulp and Paper Industry

The main objective of this study was to examine, what kind of investment strategies the leading European and North American pulp and paper industry companies (PPI) used in 1991-2003, and how the selected strategies affected their performance. The investment strategies were categorised in three classes including mergers and acquisitions, investments in new capacity and investments in existing capacity. The results showed that mergers and acquisitions represented the largest share of total investments in 1991-2003 followed by investments in existing capacity. PPI companies changed investment strategies over time by increasing the share of mergers and acquisitions, which decreased investments in new capacity especially among North American companies. According to the results, good asset quality and investments in new and existing capacity provided better profitability than often expensive acquisitions. Also the capacity decreases had a positive impact on profitability. Average asset quality and profitability were higher among European companies. The study concluded that in the long term the available value creating investment opportunities should limit capital expenditure levels, not the relation of capital expenditure to depreciation.

Fiber flows in global paper and pulp industry. A panel data approach.

The purpose of this thesis is to study factors that explain the bilateral fiber trade flows. This is done by analyzing bilateral trade flows during 1990-2006. It will be studied also, whether there are differences between fiber types. This thesis uses a gravity model approach to study the trade flows. Gravity model is mostly used to study the aggregate data between trading countries. In this thesis the gravity model is applied to single fibers. This model is then applied to panel data set. Results from the regression show clearly that there are benefits in studying different fibers in separate. The effects differ considerably from each other. Furthermore, this thesis speaks for the existence of Linder’s effect in certain fiber types.

Growth Strategies in Pulp and Paper Industry: An Empirical Investigation on Profitability Effects

This study investigates whether there are differences in profitability of PPI companies based on the growth strategy they have chosen to follow. It is examined whether those companies following organic growth strategy are more profitable than those companies following acquisitive growth strategy. It is also investigated are ones larger than the others, or are ones growing faster than the others. Also, the factors affecting the profitability of acquisitive companies are further examined. The results showed that there actually are differences between the two groups. Organically grown companies were found to be more profitable, smaller and growing slower than acquisitive companies. When it comes to examining only acquisitive companies there could be found factors that better or worsen the profitability of companies. For example targets that the company has bought in developing markets were making them more profitable.

Regenerated cellulose ultrafiltration membranes in the treatment of pulp and paper mill process waters

Ultrafiltration (UF) is widely applied in different separation processes in the pulp and paper industry. The growing need to protect the environment, a lack of pure water and an interest in producing high-value chemicals from compounds present in process waters will probably lead to an increase in the use of UF in the pulp and paper industry. The efficiency and cost-effectiveness of a UF process depends on the applied membrane. The membrane should have a high and stable filtration capacity, a particular selectivity and a long operational lifetime. To meet these requirements a membrane should have a low fouling tendency. In addition, it should withstand the prevailing operational and chemical conditions. This thesis evaluates the performance and applicability of the regenerated cellulose (RC) membranes 00030T and C2 in the treatment of pulp and paper mill process waters based on the requirements above. The results demonstrated that both the tested RC membranes fulfilled well the requirement of high filtration capacity. In addition, in the filtration of a paper mill clear filtrate (CF) the RC membranes were not as greatly affected by variations in the CF quality as a polysulphone membrane. Furthermore, due to their extreme hydrophilicity and weak charge the fouling tendency of the membranes can be expected to be low in pulp and paper mill filtration applications. It is, however, known that fouling cannot be totally avoided even when the membrane is chosen very carefully. This study indicated that carbohydrates influenced negatively on permeability and caused fouling in the filtration of groundwood mill circulation water. Thus, a pre-treatment effectively reducing the amount of carbohydrates might help to maintain a stable capacity. However, the results of the thesis also showed that the removal of some of the possible foulants might just increase the harmful effect of others. Multivariate examination was useful in the understanding of the complicated factors causing the unstable capacity. The thesis also revealed that the 00030T and C2 membranes can be used at high pressure (max. tested pressure 12 bar). The C2 membrane, having a sponge-like substructure, was more pressure resistant, and its performance was more stable at high pressure compared to the UCO30T membrane containing macrovoids in its substructure. Both tested membranes can, according to the results, also be used at temperatures as high as 70°C in acidic, neutral and alkaline conditions. However, the use at extreme conditions might cause faster ageing of the membranes compared to ageing in neutral conditions. The thesis proved that both the tested RC membranes are very suitable for pulp and paper mill applications and that the membranes can be utilised in processes operating in challenging conditions. Thus, they could be used in more demanding applications than supposed earlier.

Sitoutumiskykyisemmän TMP-massan valmistus

Tämän työn tavoitteena oli selvittää TMP-massan lujuusominaisuuksien parantamismahdollisuuksia jauhatuksen keinoin. Tarkastelun kohteena olivat rejektijauhatuksen eriyttäminen päälinjasta, päälinjan ajotapojen vaikutukset massan laatuun sekä energiansäästöterien testaus. Erillisen rejektijauhatuksen pilot kokeiden myötä oli havaittavissa, että erillisjauhettu rejekti itsessään oli todella pitkäkuituista ja hyvät lujuusominaisuudet omaavaa massaa. Koeajo kuitenkin osoitti, että 9 % annostelu määrä päälinjan akseptimassaan ei riitä nostamaan valmiin massaseoksen lujuusominaisuuksia. Eriytetty rejektijauhatus voi kuitenkin parantaa prosessin hallittavuutta ja mahdollistaa tuotantotason noston. Päälinjan ajotavanmuutoskokeiden tulosten myötä voitiin havaita, että 300 t/d tuotantotaso tuotti kuidunpituuksiltaan, lujuuksiltaan ja tikkupitoisuuksiltaan parempaa massaa kuin 270 t/d tuotantotaso. Samaan aikaan tapahtunut bulkin lasku oli siedettävällä tasolla huomioitaessa vetolujuudessa tapahtuva parannus. Ajotavanmuutoskokeet osoittivat myös sen, että pienellä ensimmäisen ja toisen jauhatusvaiheen kuormitussuhteiden muutoksella on saavutettavissa parannusta sekä veto- että repäisylujuudessa, bulkissa tapahtuvien muutosten pysyessä siedettävällä tasolla. Tähän tulokseen päästiin löysäämällä ensimmäisen vaiheen jauhinten teräväliä kymmenyksellä ja vastaavasti tiukkaamalla toisen vaiheen jauhinten teräväliä niin, että jauhatuksen kokonaisenergianominaiskulutus pysyi vakiotasolla. Energiansäästöterien testauksessa havaittiin, että terien avulla on mahdollista säästää jauhatukseen kuluvassa energiassa noin 0,15 – 0,2 MWh/t. Saavutettavissa oleva energiansäästö ei kuitenkaan ole riittävä kompensoimaan massan laadun heikkenemistä, sillä energiansäästöterien myötä massan bulkki, kuidunpituus sekä veto- ja repäisylujuus laskivat verrattaessa niiden tasoon käytettäessä normaaliteriä.

Catalytic Wet Oxidation of Paper Mill Debarking Water

The objective of the research was to study the influence of temperature, oxygen pressure, catalysts loading and initial COD concentration of debarking wastewater on the pollutants during the catalytic oxidation. More importantly, how the addition of catalyst affects the wet oxidation process. The whole work was divided into two main sections, theoretical and experimental parts. The theoretical part reviews the pulp and paper industry from wood processing to paper production as well as operations that generate wastes. Treatment methods applicable for industrial pulp and paper mill effluents were also discussed. Wet oxidation and catalytic wet oxidation processes including mechanism, reactions, kinetics and industrial applications were previewed. In the experimental part, catalytic wet oxidation process were studied at 120-180°C, 0-10 bar oxygen pressure, 0-1 g/L catalyst concentration and 1000-3000 mg/L initial COD concentration. Responses, such as Chemical oxygen demand (COD), Total organic carbon (TOC), colour, lignin/tannin, Biochemical oxygen demand (BOD) and pH were measured. In the experiment, the best conditions occurred at 180°C, 10 bar, l g/L catalyst concentration and 3000mg/L initial COD. At these conditions; 74% COD, 97% lignin/tannin, 54% TOC, 90% colour were removed from the wastewater. pH was greatly reduced from 7 to 4.6. Lignin/tannin was removed most. Lignin/tannin showed linear dependency with colour during oxidation. Temperature made the most impact in reducing contaminants in debarked wastewater.

LWC-paperin opasiteetin parantaminen

LWC-syväpainopaperilta vaaditaan hyvän ajettavuuden, kiillon ja sileyden ohella hyvää opasiteettia. Tämä on asettanut haasteita LWC-paperin valmistajille paperin neliömassojen laskiessa. Tässä diplomityössä etsittiin keinoja parantaa kevyiden LWC-syväpainolajien opasiteettia heikentämättä oleellisesti muita tärkeitä paperin ominaisuuksia. Tavoitteena oli nostaa CR48-lajin opasiteetti tavoitearvoon 90 %. Työn kirjallisuusosassa perehdyttiin paperin optisten ominaisuuksien teoriaan sekä raaka-aineisiin ja prosessin osiin, joilla on vaikutusta paperin opasiteettiin. Työn kokeellisessa osassa tutkittiin olemassa olevan aineiston perusteella tekijöitä, joilla uskottiin olevan vaikutusta CR48-lajin opasiteettiin. Tutkimuksen ja kirjallisuuden perusteella ajettiin tehdaskoeajoa, joiden avulla pyrittiin parantamaan paperin opasiteettia. CR48-lajin opasiteettitavoite saavutettiin kolmella eri tavalla. Opasiteettitavoite saavutettiin, kun paperin vaaleus säädettiin tavoitearvoon pigmenttivärin avulla tumman hierteen sijasta. Tällöin väripigmentin määrää päällystyspastassa nostettiin 0,01 osaa ja valkaistun hierteen osuus kokonaishierteen määrästä oli 100 %. Vaaleuden säätö pastavärillä oli käytännössä hidasta ja hankalaa. Opasiteettitavoite saavutettiin myös, kun hierre jauhettiin täysin koeterillä. Koeterillä tapahtuva jauhatus oli rajumpaa ja katkovampaa kuin perinteisillä terillä, joten hienoaineen lisääntyminen ja kuidun lyheneminen paransivat paperin opasiteettia, mutta lujuudet huononivat. Lisäksi tavoiteopasiteetti saavutettiin, kun sellun osuutta vähennettiin 8 %-yksikköä. Lujuuden säilymisen kannalta sellun vähennys oli parempi keino opasiteetin parantamiseksi kuin hierteen jauhaminen koeterillä. Koeajojen perusteella pohjapaperin tuhkapitoisuuden nostolla ja hierteen CSF-luvun alentamisella ei ollut vaikutusta paperin opasiteettiin. Lisäksi 100 %:nen koeterillä jauhettu sahahakehierre antoi paperille huonomman opasiteetin kuin hierre, josta puolet oli jauhettu koeterillä ja raaka-aineesta 25 % oli sahahaketta.

Hylynkäsittelyn ja annostelun vaikutus kartongin laatuun

Tämän työn tavoitteena oli löytää keinot taivekartongin riittävän z-suuntaisen lujuuden saavuttamiseksi tilanteessa, jossa runkokerrokseen annosteltavan hylyn määrää joudutaan pysyvästi vähentämään. Työn kirjallisuusosassa selvitettiin taivekartongin tärkeimmät ominaisuudet, joista tarkemmin tarkasteltiin palstautumislujuutta ja siihen vaikuttavia tekijöitä. Lisäksi käytiin läpi palstautumislujuuden mittausmenetelmät. Merkittävimpiä teoriaosassa käsiteltyjä palstautumislujuuteen vaikuttavia tekijöitä olivat massojen käsittely ja annostelu, kuivalujalisäaineiden käyttö sekä rainanmuodostus. Hylyn annosteluosuuden pienentäminen vähensi taivekartongin paksuussuuntaista lujuutta ja runkomassan vedenpoistovastusta, mutta samanaikaisesti lisääntyivät kartongin paksuus ja taivutusjäykkyys. Hylyn vähäisemmän käytön seurauksena menetettyä lujuutta ei pystytty palauttamaan hylyn jauhatuksen määrää lisäämällä, eikä kartonkikoneen runkoviiraosan vedenpoistoon vaikuttamalla. Kun hylyn annosteluosuus laskettiin 20 %:in, saavutettiin runkokerroksen riittävä lujuus ainoastaan runkomassan pääkomponenttina käytettävän hiokemassaseoksen jauhatusastetta nostamalla tai korvaamalla pieni osa hiokkeesta hyvin hienoksi jauhetulla mäntysellulla. Hiokkeen freeness oli laskettava tasolta 300 ml CSF tasolle 250 ml CSF. Vastaavasti mäntysellu oli jauhettava hyvin pitkälle (°SR 74) tai annosteluosuuden oli oltava vähintään 2 %, jolloin jauhatusaste °SR 49 oli riittävä. Vähäisemmällä hylyn käytöllä saavutettu etu vedenpoistossa saatettaisiin menettää näiden toimenpiteiden vaikutuksesta.

Effects of pulp electrochemistry on PGE flotation in sulphide poor ores

This work gives a reader basic knowledge about mineralogy and mineral processing. Main focus of this work was on flotation process and pulp electrochemistry on flotation. Three different sulphide poor ores are examined on experimental part. Platinum and palladium were the noble metals, which were contained into studied ores. Electrochemistry of flotation of PGE minerals on sulphide poor ores has been examined only slightly. Bench scale flotation test was used in this study. Chalcopyrite, nickel-pentlandite, pyrite, platinum and pH electrodes were used to investigation of pulp electrochemistry during flotation tests. Effects of grinding media, carbon dioxide atmosphere in grinding and mixture of carbon dioxide and air as flotation gas to PGE flotation and electrochemistry of flotation were studied. Stainless steel grinding media created more oxidising pulp environment to flotation than mild steel grinding media. Concentrate quality improved also with stainless steel grinding media, but the recovery was remarkably poorer, than with mild steel grinding media. Carbon dioxide atmosphere in grinding created very reducing pulp environment, which caused very good concentrate quality. But the recovery was again poorer than with normal mild steel grinding media. Mixture of carbon dioxide and air as flotation gas improved PGE recovery with some ores, but not always. Effect of carbon dioxide to pulp electrochemistry was detected mainly via pH-value.

Recovery of Hemicelluloses from Wood Hydrolysates by Membrane Filtration

Hemicelluloses are among the most important natural resources that contain polysaccharides. In this study the separation and purification of hemicelluloses from water extraction liquors containing wood hemicelluloses, lignin compounds and monosaccharide by using membrane filtration was investigated. The isolation of the hemicelluloses from the wood hydrolysates was performed in two steps: concentration of high molar mass hemicelluloses by ultrafiltration and separation of low molar mass hemicelluloses from monomeric sugars using tight ultrafiltration membranes. The purification of the retained hemicelluloses was performed by diafiltration. During the filtration experiments, the permeate flux through ultrafiltration and tight ultrafiltration membranes was relatively high. The fouling ability of the used membranes was relatively low. In our experiments, the retention of hemicelluloses using two filtration steps was almost complete. The separation of monosaccharides from hemicelluloses was relatively high and the purification of hemicelluloses by diafiltration was highly efficient. The separation of lignin from hemicelluloses was partially achieved. Diafiltration showed potential to purify retained hemicelluloses from lignin and other organics. The best separation of lignin from hemicelluloses in the first filtration step was obtained using the UC005 membrane. The GE-5 and ETNA01PP membranes showed potential to purify and separate lignin from hemicelluloses. However, the feed solution of the second filtration stages (from different ultrafiltration membranes) affected the permeate flux and the separation of various extracted compounds from hemicelluloses. The GE-5 and ETNA01PP membranes gave the efficient purification of the hemicelluloses when using diafiltration. Separation of degraded xylan from glucomannan (primary spruce hemicelluloses) was also possible using membrane filtration. The best separation was achieved using the GE-5 membrane. The retention of glucomannan was three times higher than xylan retention.

A utilização de perácidos na deslignificação e no branqueamento de polpas celulósicas

Peracids are strong oxidant species and their use is being largely studied in the delignification and cellulose pulp bleaching. Some of them has already an industrial application, specially in non-conventional bleaching sequences like ECF (Elemental chlorine free) and TCF (Totally chlorine free). This review presents the main aspects of the structure, properties, preparation and reaction of peracids (peracetic acid, peroxymonosulfuric acid and their mixture) with lignin, specially for peracetic acid. Information about bleaching and delignification of wood pulps with peracids and the factors affecting its efficiency are also presented.

Fractionation of Wood Extracts

The aim of this thesis was to fractionate wood extracts into pure fractions using membrane technology, to observe membrane behaviour in solvents and to study the effect of conditioning on membrane performance. Four different wood extracts were used in the performed filtrations. In the literature part, the focus was on the effect of different solvent properties on polymeric membranes, especially on their retention and flux. Solute properties, such as shape, polarity and charge, were examined. Transport models, membrane stability and ways to improve the stability, when solvents were filtered, were also discussed. The experimental part consisted of a series of filtrations, where the effect of the wood extracts and solvent concentration on solute retention was observed. Polymeric and ceramic membranes were tested under different conditions and the solute analyses were performed with GC and GC-MS. It was discovered that it is possible to fractionate wood extracts using membrane technology to some extent, but more research must be done to understand the mechanisms behind the various interactions between the solvent and the membrane. Conditioning was also considered as an important part of the membrane pre-treatment.