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HEADLINE News

JK Paper to Setup Valmet’s Board Machine at its Fort Songadh Mill

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The 4250-mm-wide (wire) board machine will produce folding boxboard, solid bleached board (SBS) as well as cup and barrier board grades. September 12, 2019 Valmet will supply a board machine with an extensive automation and Industrial Internet package for JK Paper Limited’s Fort Songadh Mill in India. By investing in...
Events HEADLINE

Paper Day: Say Yes to Paper

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Federation of Paper Trader’s Association (FPTA) celebrated this year’s Paper Day with gaiety and fervor across the nation. Held in Delhi on August 1, 2019, at NDMC Convention Centre, the event was attended by all stakeholders associated with the paper industry, including paper manufacturers and paper traders and other people....
HEADLINE News

Papcel Files for Insolvency Due to High Debts

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According to David Dostál, Papcel was practically paralyzed by shareholder disputes for a significant part of last year. September 10, 2019 Papcel, a Czech paper and papermaking machines manufacturer has filed an insolvency petition. As per the media reports, the Litovel-based company filed an insolvency petition due to high debts....
HEADLINE News

Parason Acquires Calpher Máquinas to Expand its Footprint in Brazil

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The acquisition of Calpher’s business will enlarge Parason’s footprint in Brazil and Americas allowing the company to access to an improved level of service, enlarged portfolio and the most complete range of the pulp and paper machinery in the market and opening greater opportunities to improve competitiveness in the market....
HEADLINE News

JK Paper to Invest INR 1500 Crore to Expand Capacity in Songadh Plant in Gujarat

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The expansion will also provide opportunity of raw material supply to local farmers. Approximately 10,000 tribal farmers will benefit from it. July 2, 2019 JK Paper Ltd. will set up a new manufacturing plant in Gujarat at an investment of Rs 1500 crore. A memorandum of understanding (MoU) has been...
HEADLINE Special Feature

INDUSTRY 4.0: The Fourth Industrial Revolution

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Digitalization is gradually transforming the way we produce products. Referred to as “Industry 4.0” in Europe, the “Industrial Internet of Things (IIoT)” in the United States, or just “smart manufacturing”, this transformation represents the fourth revolution that has occurred in manufacturing. The first industrial revolution was all about mechanization through...
HEADLINE News

Emami Stake Sale Continues, Includes Paper Business for Divestment to Reduce Debt

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The total promoter stake in Emami subsequent to the stake sale, stands at a controlling majority of 52.74 percent. The promoters intend to maintain this stake. June 26, 2019 Kolkata-headquartered FMCG conglomerate promoters, the Goenka and Agarwal families have offloaded a 10 percent of their stake in the group flagship,...
HEADLINE News

International Paper Announces Agreement to Sell Its India-based Paper Business

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International Paper has entered into an agreement with West Coast Paper Mills Limited to sell its controlling interest in International Paper APPM Limited, an India-based paper business. International Paper currently owns approximately 30 million shares, or 75% of the outstanding shares, of International Paper APPM Limited (APPM). The transaction is...
HEADLINE News

Valmet Delivers New Recovery Boiler to ITC in India

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The order was included in Valmet’s orders received of the first quarter 2019. May 22, 2019 Valmet will deliver a new recovery boiler and ash leaching plant to ITC’s Bhadrachalam pulp mill in India. The new boiler will replace three existing boilers. The start-up of the new recovery boiler is...
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