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Paper Industry Hit by Duty-Free Imports

Paper Industry Hit by Duty-Free Imports

A sharp increase in import of paper and paperboard, especially writing and printing paper, this financial year has turned into a matter of concern for the domestic industry. In April-July, imports have grown 40 percent. October 21, 2017 Import of paper and... (Continue reading)

ABB Opens Ability TM Collaborative Operations Center for Pulp & Paper in Helsinki

 ABB Opens Ability TM Collaborative Operations Center for Pulp & Paper in Helsinki

The facility expands the global network of ABB industry experts, digital technologies and knowledge base to improve customer’s profitability and efficiency. October 9, 2017 The center will function as the central focal point for expert resources and for systems that are equipped... (Continue reading)

India’s Leading Converting Solutions Company BW Papersystems at PAPEREX 2017

India's Leading Converting Solutions Company BW Papersystems  at PAPEREX 2017

No matter what the paper industry’s converting needs are, the best converting equipment for India’s paper industry can now be found under one banner: BW Papersystems. September 20, 2017 At the PAPEREX 2017 show in New Delhi, BW Papersystems and its brands... (Continue reading)

JK Paper Readies INR 650 Cr for Investment, Capex

JK Paper Readies INR 650 Cr for Investment, Capex

The proposed project entails capacity expansion and efficiency improvement, capital expenditures at the two existing plants, and debt refinancing. July 28, 2015 According to a media report, JK Paper Ltd (JKPL) has lined up an investment of around USD 100 million (Rs... (Continue reading)

Paper Mills Calls for Uniform GST

Paper Mills Calls for Uniform GST

The recycled paper based mills think that new tax is not encouraging for domestic sourcing of raw material. July 22, 2017 Paper mills that use recycled paper as raw material have sought uniform rate of duty for the paper sector under Goods... (Continue reading)

Voith Paper Appoints Andreas Endters as New Chairman

Voith Paper Appoints Andreas Endters as New Chairman

Mr. Endters will succeed Bertram Staudenmaier and take the position from October 2017. August 30, 2017 The Supervisory Board of Voith GmbH has appointed Mr. Andreas Endters as Chairman of the Board of the Group Division Voith Paper w.e.f 2017-10-01. He thus... (Continue reading)

Emami Paper to Exit Newsprint Business; Plans to Invest INR 650 Cr on Capacity Expansion

 Emami Paper to Exit Newsprint Business; Plans to Invest INR 650 Cr on Capacity Expansion

With a huge investment, the mill intends to double the production of its multi-layer coated board plant in Odisha to almost 3 lakh tonnes. August 14, 2017 Emami Paper Mills Ltd. is soon going to exit its newsprint business due to low... (Continue reading)

Century Textiles Mulls Over Selling Its Paper Business

Century Textiles Mulls Over Selling Its Paper Business

Century Textiles is in advanced talks to sell its paper business to JK Paper in a deal valuing the division at Rs. 5,000 crore by enterprise value. August 1, 2017 As per various media reports and industry sources, Century Textiles and Industries... (Continue reading)

Paper Industry Faces Stagnancy in Capex due to Cheaper Imports

Paper Industry Faces Stagnancy in Capex due to Cheaper Imports

Owing to this challenge of cheaper imports from ASEAN nations, the paper industry has not been able to expand for the last 12 months. August 19, 2017 The paper mills in the country are finding it difficult to tap the growth potential,... (Continue reading)

JK Paper to Keep its Focus on Value Added Products

JK Paper to Keep its Focus on Value Added Products

In an interview with a TV Channel, A. S. Mehta, President, JK Paper said that India is going to be the fastest growing paper market with a growth around 6 percent to 7 percent. August 1, 2017 Q1 of FY 18 has... (Continue reading)

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