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PEFC is looking for your opinion on standard setting

GFIS - 5 hours 46 min ago
PEFC invites all interested parties to give their comments on our revised Standard Setting standard - PEFC ST 1001:201X. Give your feedback now! Deadline for comments is 29 May 2017. This standard contains the rules that national standardizing bodies have to follow when they develop and revise...

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Paper and paperboard market in Russia in 2016-2017

GFIS - 8 hours 52 min ago
Dear clients and partners! We are currently working on analytical overview Paper and paperboard market in Russia in 2016-2017. An outline of the contents of the review, as well as list of diagrams and tables can be found here. Upon request, we can improve the overview by adding necessary data on paper and paperboard industry […]

Summer School 7: Forest and Environmental Policy Research: From Theory to Method and Back

GFIS - 8 hours 58 min ago
This course is specifically developed for and targeted at PhD researchers pursuing studies on forest or environmental policy and governance. The summer school’s contents are suitable for PhD researchers in various phases of their scientific work and academic studies. Exceptionally highly motivated Master students from the research field of forest and/or environmental policy and governance are welcome to apply as well. This summer school is organized by Division 9 back to back with the IUFRO Anniversary Congress 2017 in Freiburg, Germany.

Cham Paper Group Holding Final Results

PaperIndex TimesNews - 10 hours 1 min ago
Cham, March, 27, 2017--Net revenue up by 2.1% to CHF 198.4 million.Profitability boosted by efficiency improvements in production and a return to normal raw material prices.EBIT margin within the target range at 5.3%
Local residents in Cham give clear backing to development at the Papieri site
Net profit for the year of CHF 8.6 million and payment of a dividend of CHF 4.00 per share

The Cham Paper Group enjoyed a largely pleasing financial year in 2016. The Group has returned to growth following a lengthy and challenging period of transformation for the paper division, achieving EBIT at the lower end of its target margin range for the first time. The paper division benefited from efficiency improvements in production and from a return to normal raw material prices in what was a slightly weaker market environment. The clear backing from voters in Cham to the redevelopment of the Papieri site proved key to activities in the real estate division. A planning process that had lasted over four years was thus brought to a successful conclusion, paving the way for the creation of the town's new quarter.

The Cham Paper Group increased revenue by 2.1% to CHF 198.4 million in 2016 (previous year: CHF 194.3 million), achieving growth for the first time in five years. Even more pleasing were the 46% increase in gross profit, which rose from CHF 18.1 million to CHF 26.3 million, and the marked rise in operating profit (EBIT) to CHF 10.5 million (previous year: CHF 2.4 million). The Group generated a net profit for the year of CHF 8.6 million (previous year: CHF 0.5 million).

Paper division enjoys major improvement in results
After 2015, which was challenging in a number of respects, the 2016 financial year proved distinctly kinder despite a weaker market environment. Operating workflows stabilised following the end of many years of transformation and raw material prices returned to normal levels, enabling a slight increase in revenue to CHF 196.9 million (previous year: CHF 193.4 million) and a significant improvement in operating profit (EBIT) to CHF 9.9 million (previous year: CHF 0.7 million before the release of restructuring provisions). This equates to a return on sales of 5.1%, within the target EBIT margin range of 5-12%.

The efficiency improvements made by concentrating production in Italy and a further fall in fixed costs mean that the mills are now in a sound position. Initial results from the measures to optimise processes on the extensively modernised production systems are also coming through and are sending out positive signals for the future of the paper business. Innovations and efficiency gains will continue to enhance the competitiveness of Cham Paper Group's solutions in 2017 as well.

Real estate division on track
The development plan for the Papieri site was completed. Following the preliminary review by the cantonal offices, the planning dossiers were made public in the spring. On 25 September 2016, voters in the municipality of Cham approved the development plan and the associated partial change to the building regulations and the zoning plan. This marked the end of a planning phase which had lasted over four years and in which the authorities and residents of Cham had been actively involved.

In October, Specialized became the first company to move into the renovated former workshop building as a permanent commercial tenant, ensuring a steady rise in rental income together with the more than 70 other tenants making interim use of the site. This pushed the real estate division's revenue up by 64% to CHF 2.3 million in the year under review (previous year: CHF 0.8 million). This also includes the sale of a relatively small building from the portfolio for just over CHF 0.5 million. The division's operating profit (EBIT) came to CHF 769,000 (previous year: CHF 244,000).

Balance sheet remains strong
The Cham Paper Group still has a healthy balance sheet. Concentrating production in Italy enabled inventories to be cut by 20%, reducing total assets and liabilities. The investment made in the conversion of the workshop building in Cham increased the value of the Group's tangible fixed assets by nearly 4%. The equity ratio amounted to 55.4% at the end of the year (end of 2015: 50.6%) and the Group held cash and cash equivalents totalling CHF 42 million. The site in Cham is currently still valued at acquisition cost.

Increased dividend
The Cham Paper Group's healthy operating profit means that it can propose a higher payout to its shareholders. The intention is to increase the dividend from CHF 3 (2015) to CHF 4 per share, once again to be paid in the form of a distribution from capital reserves, which will be tax-free for private investors. The Board of Directors will also propose to the General Meeting of Shareholders that all its members be re-elected.

Positive outlook across all divisions
The Board of Directors and the Executive Board believe that the Group has a bright future. The paper division will be in a position to generate additional growth over the next few years. Leveraging potential efficiency and productivity gains should ensure that profitability remains at between 5 and 12% of EBIT margin over the long term, i.e. within the target range previously announced. The real estate division will be implementing the first phase of its construction project in 2017, which will deliver a significant increase in rental income from 2020 onwards.

Annual Report 2016
The complete annual report (in German) is available on our website in the Investor Relations section (see «Financial Reports») or directly under the following link:
http://ir.champaper.ch/cgi-bin/show.ssp?id=310&companyName=champaper&language=English

Key Figures
in KCHF, unless otherwise specified 2016 2015
Sales in tonnes 150,408 146,274
Net revenue 198,365 194,258
EBITDA 18,704 9,187
As a % of net revenue 9.4% 4.7%
EBIT before restructuring 10'498 627
As a % of net revenue 5.3% 0.3%
Restructuring income / (restructuring expenses) 0 1,795
EBIT after restructuring 10,498 2,422
Profit 8,590 480
Earnings per share (in CHF) 11.53 0.65
Dividend (in CHF) 4.00 3.00
Free Cash Flow 6,676 -5,695
Shareholders' equity 108,118 102,088
As a % of total assets 55.4% 50.6%
(Net debt) / Net cash 3,248 -1,432
Investments in tangible and intangible assets 11,603 12,073
Number of employees (FTE) 375 389


A media and analyst conference will take place in the SIX Convention Point in Zurich today, 27 March 2017, at 9:30.

For information, please contact
Media and IR office Cham Paper Group Holding AG
Edwin van der Geest
E-Mail: media@cham-group.com or investor@cham-group.com
Phone +41 43 268 32 32 / +41 79 330 55 22

Cham Paper Group
The Cham Paper Group is a leading manufacturer of coated speciality papers. Surface finishing lends papers properties that generate value added for its customers. The company, which was founded in 1657, has three sites, one in Switzerland (Cham) and two in Italy (Carmignano and Condino), and a global sales network.
The decision to focus on development and sales and discontinue paper manufacturing in Switzerland has made way for a new project on the factory site in the centre of Cham. The Cham Paper Group is developing an eleven-hectare quarter there, called the Papieri site.
The Cham Paper Group (stock exchange symbol: CPGN) is listed on Switzerland's SIX Swiss Exchange.

Trees, water and climate: Cool scientific insights, hot implications for research and policy

GFIS - 10 hours 5 min ago

By Vincent Gitz, Director, CGIAR Research Program on Forests, Trees and Agroforestry, and Meine van Noordwijk, Landscape Research Leader, CGIAR Research Program on Forests, Trees and Agroforestry. FTA recently organized a two-day virtual symposium entitled Trees, forests and water: cool insights for a hot world to share live online the findings of a recent review paper by David Ellison and […]

The post Trees, water and climate: Cool scientific insights, hot implications for research and policy appeared first on Forests, Trees and Agroforestry.

Improving sustainable cattle production in the Brazilian Amazon

GFIS - 11 hours 53 min ago

By Pablo Pacheco, originally published at CIFOR’s Forests News The successful Brazilian experience in slowing down deforestation in the Amazon has captured a lot of attention in the global arena, but serious concerns linger about its possible resurgence. While it is important to strengthen public and private arrangements to reach zero deforestation, or at least to stabilize it at relatively […]

The post Improving sustainable cattle production in the Brazilian Amazon appeared first on Forests, Trees and Agroforestry.

Trees for Food Security

GFIS - 12 hours 36 min ago

Trees for Food Security Project goal is to enhance food security for resource-poor people in rural Eastern Africa through research that supports national programmes to scale up the use of trees within farming systems in Ethiopia and Rwanda and then scale out successes to relevant ago-ecological zones in Uganda and Burundi. Through the project, 5 Rural Resource Centers (2 in […]

The post Trees for Food Security appeared first on Forests, Trees and Agroforestry.

New Taskforce on Rattan Use Established

GFIS - 12 hours 59 min ago
As part of its work to standardise rattan and bamboo products, INBAR has established a Taskforce on Rattan Uses and Development. The Taskforce is currently working on a set of ‘Voluntary Guideline Standards’, which should help improve the market for rattan products in several ways. On an individual level, the Voluntary Guidelines Standards aim to […]

Interview on tenure reform: Lessons from the Global South

GFIS - 13 hours 4 min ago

Interview with Anne Larson, Senior Scientist at the Center for International Forestry Research, originally published at CIFOR’s Forests News Over the past two decades, a global trend has seen increasing recognition of the rights of communities and local governments to manage their own resources, particularly in developing countries. An ongoing study by the Center for International Forestry Research (CIFOR) has […]

The post Interview on tenure reform: Lessons from the Global South appeared first on Forests, Trees and Agroforestry.

Peter Holmgren: Splitting hairs over splitting wood

GFIS - 13 hours 40 min ago

By Peter Holmgren, originally published at CIFOR’s Forests News The past month has seen a fierce international and academic debate flare up again over the large-scale use of wood to produce energy, notably in Europe. When we agreed on “Forests and Energy” as the theme for this year’s International Day of Forests on 21 March, we had no idea that there would […]

The post Peter Holmgren: Splitting hairs over splitting wood appeared first on Forests, Trees and Agroforestry.

Exploring Participatory Prospective Analysis: A collaborative, scenario-based approach for analyzing and anticipating the consequences of tenure reform implementation

GFIS - 13 hours 49 min ago

Presentation by Nining Liswanti, Esther Mwangi, Tuti Herawati and Mani Ram Banjade on 21 March 2017 at the World Bank Conference on Land and Poverty in Washington, DC. Exploring Participatory Prospective Analysis: A collaborative, scenario-based approach for analyzing and anticipating the consequences of tenure reform implementation from Center for International Forestry Research (CIFOR)

The post Exploring Participatory Prospective Analysis: A collaborative, scenario-based approach for analyzing and anticipating the consequences of tenure reform implementation appeared first on Forests, Trees and Agroforestry.

Forests and Energy: What’s the connection?

GFIS - 13 hours 54 min ago

What connects forests and energy? Hear from Peter Holmgren, Director General of the Center for International Forestry Research (CIFOR), and Himlal Baral, a scientist in CIFOR’s Forests and Environment Program, in conversation with Forests News Editor Leona Liu on the occasion of the UN International Day of Forests on 21 March 2017, with the theme ‘Forests and Energy’.

The post Forests and Energy: What’s the connection? appeared first on Forests, Trees and Agroforestry.

Decoding deforestation in Brazil and Bolivia

GFIS - 14 hours 4 min ago

By Pablo Pacheco, Coordinator of Flagship 3 of the CGIAR Research Program on Forests, Trees and Agroforestry, originally published at CIFOR’s Forests News Recently, I came across a much publicized article in The New York Times about the impact of two of the world’s biggest grain traders, Cargill and Bunge, on deforestation trends in the agricultural frontiers of Brazil and […]

The post Decoding deforestation in Brazil and Bolivia appeared first on Forests, Trees and Agroforestry.

FTA events: Save forests, or lose the rain

GFIS - 14 hours 23 min ago

By Kate Evans, originally published at CIFOR’s Forests News Marking World Water Day on 22 March, we are highlighting the essential links between forests and water. For more on this topic, check in to the live stream of the virtual symposium ‘Cool insights for a hot world’, hosted on 21-22 March 2017 by the CGIAR Research Program on Forests, Trees […]

The post FTA events: Save forests, or lose the rain appeared first on Forests, Trees and Agroforestry.

Remittances and reforestation

GFIS - 16 hours 26 min ago

Why returning migrants plant trees in Tajikistan

Forests and fungi: Mekong communities reap the rewards of a 500 million-year-old partnership

GFIS - 18 hours 36 min ago

By Andrew Stevenson, originally published at ICRAF’s Agroforestry World Blog We are only just beginning to realise how much life on earth depends on the partnership between fungi and forests. A recent video, released to mark the International Day of Forests on 21 March highlights new research into fungi in the Mekong region, including how local communities can benefit from […]

The post Forests and fungi: Mekong communities reap the rewards of a 500 million-year-old partnership appeared first on Forests, Trees and Agroforestry.

McCain concerned about slow pace of wildfire prevention efforts

GFIS - Sun, 26/03/2017 - 20:19

U.S. Senator John McCain (R-AZ) today sent a letter to U.S. Forest Service Chief Thomas Tidwell expressing concern about the slow pace of wildfire prevention efforts in Arizona.

Controversial logging project debated in NE Oregon

GFIS - Sun, 26/03/2017 - 20:14

The Lostine Corridor is a narrow strip of land, surrounded by the designated wilderness.

Holledau Plant Has Started Operations

PaperIndex TimesNews - Sat, 25/03/2017 - 06:29
Mar 25,2017 --The new Holledau plant for Thimm Verpackung in Bavaria has started production, meeting all scheduled deadlines as planned. An official opening ceremony is due to take place in May.


The ground-breaking ceremony for one of Europe’s most advanced corrugated cardboard plants took place in Wolnzach in September 2015. The first construction phase covering 26,000 square metres of the 90,000-square-metre site is now complete. Following a test run, series production has been under way at the factory since February. Production capacity is 120 million square metres. Thimm has invested a total of EUR 60 million in the plant to date.

Tankred Pörner, Managing Director of Thimm Verpackung Süd: “Construction and commissioning of the plant ran completely according to schedule. We are now delighted to be able to supply our customers from one of the most advanced corrugated cardboard factories in Europe and offer them an extensive and completely new range of services.”

At the Wolnzach site Thimm Verpackung produces corrugated cardboard sales and transportation packaging for both food and non-food customers in Southern Germany and the adjacent export markets. With state-of-the-art production technologies, efficient and highly automated processes, and a flexible, customer-centred structure, the company can set new standards in the production and sales of corrugated cardboard packaging. The site at Wolnzach is in an optimum geographical location in the heart of Bavaria. The plant is a perfect complement to the previous production network.

150 employees work at the Holledau factory. Thimm will be offering training in business administration and packaging manufacturing at this plant.

About Thimm:
Thimm Verpackung is the largest business division of the Northeim-based Thimm Group. Founded in 1949, Thimm Group is a manufacturer of multi-material transportation and sales packaging, POS displays and decorations as well as print products for further industrial processing. A wide range of associated packaging services covering the entire supply chain further enhances the company’s product-portfolio. More than 3,000 employees at 20 sites in six countries generate annual revenues of around EUR 560 million.
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Earth Hour: Wildlife art helps spread sustainable consumption message to Beijing shoppers

GFIS - Sat, 25/03/2017 - 01:05
Beijing, China, 25th March 2017—To mark this year’s “Earth Hour”, a high-end shopping mall in Beijing is hosting an exhibition of threatened wildlife origami works to promote the message that buyers should practice sustainable consumption.

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by Dr. Radut