XRM Xerium Technologies

Xerium Awarded Machine Clothing and Rolls Business for Fibria’s Horizon 2 Project - New Pulp Machine in Tres Lagoas, Brazil

Xerium Technologies, Inc. (NYSE: XRM), a leading global provider of industrial consumable products and services, today announced that the Company was recently awarded orders for machine clothing and rolls technology for Fibria’s new pulp machine at the Tres Lagoas mill in Brazil. The new machine is scheduled to go online in Q3/2017, adding 1.95 million tons of market pulp to Fibria’s annual production.

“We are delighted to be one of the suppliers for Fibria’s new pulp machine at Horizon 2 Project, in Tres Lagoas (Mato Grosso do Sul state, Brazil),” said Eduardo Fracasso, President of Xerium Latin America. “We are very excited to participate in the commissioning of this new technology machine which will utilize some of Xerium’s most innovative press felts, conveyors belts and roll covers.”

The growing market pulp segment is a strategic target for Xerium, whereas the Company has developed specific machine clothing and rolls products designed specifically to support the demanding water handling requirements of these newer machine configurations, and deliver higher production output with lower energy consumption.

For this new machine, Xerium will be supplying ProSeam XT seam felts and DryTrans ND conveyor belts. Additionally, the Company will be supplying AquaWell IIS, VersaTec, and Everguard roll cover technology.

“We look forward to partnering closely with the Fibria team to help ensure an optimum start-up with maximum pulp product quality, and the highest overall machine efficiency on the Horizon 2 Project, “ adds Fracasso.

ABOUT FIBRIA

The world leader in eucalyptus pulp production, Fibria strives to meet the growing global demand for forestry products in a sustainable manner. With annual production capacity of 5.3 million tons of pulp, it has industrial units in Aracruz (Espírito Santo), Jacareí (São Paulo) and Três Lagoas (Mato Grosso do Sul), as well as in Eunápolis (Bahia), where it operates Veracel in a joint operation with Stora Enso. Fibria has 969,000 hectares of forests, with 568,000 hectares of planted forests, 338,000 hectares of environmental preservation and conservation areas and 63,000 hectares destined for other uses. The pulp produced by Fibria is exported to more than 40 countries. In May 2015, Fibria announced the expansion of its Três Lagoas Unit, which will receive a new line with annual pulp production capacity of 1.95 million tons and is slated for startup in the fourth quarter of 2017. Learn more at www.fibria.com.br

ABOUT XERIUM TECHNOLOGIES

Xerium Technologies, Inc. (XRM) is a leading global provider of industrial consumable products and services. Xerium, which operates around the world under a variety of brand names, utilizes a broad portfolio of patented and proprietary technologies to provide customers with tailored solutions and products integral to production, all designed to optimize performance and reduce operational costs. With 28 manufacturing facilities in 13 countries around the world, Xerium has approximately 2,950 employees.

EN
04/05/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Xerium Technologies

Xerium Technologies, Inc.: Update following acquisition announcement b...

Our credit view of Xerium (B2 stable) reflecting the announced acquisition by Andritz AG (unrated).

Moody's: Proposed acquisition by Andritz AG credit positive for Xerium

Moody's says on June 24, Xerium Technologies, Inc. (B2 stable) announced it will be acquired by Austria-based equipment supplier Andritz AG (unrated) for approximately $833 million in cash, including net financial liabilities of $590 million. The transaction is credit positive as Xerium's debt w...

 PRESS RELEASE

Xerium Reports Q1 2018 Results

YOUNGSVILLE, N.C.--(BUSINESS WIRE)-- Xerium Technologies, Inc. (NYSE: XRM): First Quarter Highlights Q1 2018 net sales of $126.1 million compared to $119.9 million in 2017, an increase of 5.2% (see Table 1). Q1 2018 operating income of $16.1 million, compared to $14.6 million in 2017, an increase of 9.9%. Q1 2018 net income of $2.2 million compared to Q1 2017 net loss of $(2.8) million. Q1 2018 adjusted EBITDA of $25.4 million, compared to $26.6 million ...

 PRESS RELEASE

Xerium Schedules First Quarter 2018 Earnings Conference Call

YOUNGSVILLE, N.C.--(BUSINESS WIRE)-- Xerium Technologies, Inc. (NYSE: XRM), a leading global provider of industrial consumable products and services, today announced that it plans to release its financial results for the first quarter 2018 after the close of regular market trading on Monday, April 30, 2018. The Company will hold a conference call following the release. The time and access details are as follows:       ...

 PRESS RELEASE

Xerium Reports Q4 and Full Year 2017 Results

YOUNGSVILLE, N.C.--(BUSINESS WIRE)-- Xerium Technologies, Inc. (NYSE:XRM): Fourth Quarter Highlights Q4 2017 net sales of $122.4 million compared to $113.2 million in 2016, an increase of 8% (see Table 1). Q4 2017 operating income of $9.6 million, compared to $8.8 million in 2016, an increase of 8%. Q4 2017 net loss of $(9.6) million compared to Q4 2016 net loss of $(8.9) million. Q4 2017 adjusted EBITDA of $22.7 million, compared to $20.4 million in 2016, an incr...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch