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Category : News

Read the latest news and stories on the pulp and paper industry. Discover the stories that are trending and making impact in the market.

News

China-based Global Win Wickliffe to Invest USD 200 Million in US Paper Mill

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The mill has been officially renamed Phoenix Paper Wickliffe LLC. August 21, 2019 China’s Global Win Wickliffe has secured some USD 200 million from the Bank of China to invest in expanding its paper mill in Ballard County, in the US state of Kentucky, the Chinese investor acquired on behalf...
News

Ministry of Finance Rejects Demand for Rollback of Customs Duty on Newsprint

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There was no import duty on newsprint so far. August 20, 2019 Rejecting demands for the rollback of import duty on the paper used for printing newspapers, Finance Minister Nirmala Sitharaman stated that the 10% customs duty on imported newsprint was imposed to promote domestic manufacturers and the importers will...
News

Asia Pulp & Paper Withdraws India’s Biggest FDI From Andhra Pradesh

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Indonesia’s Asia Pulp & Paper (APP), which entered into an MoU last year for one of biggest FDI in country in Andhra Pradesh till date amounting to approx USD 3.5 Bn for greenfield pulp & paper plant in state’s Prakasam district is said to have withdrawn its plans due to...
News

ANDRITZ Acquires Sweden-based KEMPULP

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The company designs and markets technologies used in chemical pulping, including pulp washing, oxygen delignification and bleaching technologies. August 19, 2019 ANDRITZ has acquired the Swedish company KEMPULP, a specialist provider of process technologies for the chemical pulping industry. The acquisition includes all of KEMPULP’s intellectual property rights, technical expertise,...
News

Stora Enso Invests in Producing Bio-Based Carbon Materials for Energy Storage

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The construction of the pilot facility will begin before the end of 2019 and is estimated to be complete by early 2021. Decisions about commercialization will follow after evaluating the results of the pilot-scale production. August 3, 2019 Stora Enso is investing EUR 10 million to build a pilot facility...
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Metsä Board Aims for Fossil Free Mills as Part of Company’s 2030 Sustainability Targets

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Metsä Board is aiming for a 30 percent reduction in water use per product tonne and a minimum of a 10 percent energy efficiency improvement by 2030 compared to the 2018 level. These will also play an important role in reaching the fossil free mills target. August 2, 2019 Metsä...
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....
News

Paper Industry Urges Government to Keep Tariffs Wall Up at RCEP

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The Rs 70,000-crore Paper industry has sent a missive to commerce ministry, urging the government to be wary enough to keep paper in the negative list, under the proposed RCEP. July 26, 2019 The Commerce Ministry is holding a series of meetings with various industry associations on tariff elimination under...
News

BillerudKorsnäs Creates Paper Battery Using Paper Machine

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The project is a step closer to the commercialization of both small and large-scale energy storage in a paper battery. July 15, 2019 BillerudKorsnäs, developer of packaging materials, has completed the world’s first production of a paper battery on a paper machine. In collaboration with researchers at Uppsala University, basic...
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Ahlstrom-Munksjö Launches Highly Functional and Sustainable Wax Alternative Papers

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ParaFree™ Papers are available with bleached or Ahlstrom-Munksjö’s trulyNatural® fiber and are paraffin-free. July 17, 2019 Ahlstrom-Munksjö has launched ParaFree™ Wax Alternative Papers, a new generation of eco-friendly food packaging papers, arming the quick service restaurant industry with a new fiber-based solution to meet the demanding sustainability needs of the...
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