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Ethiopia to Install Its Second Paper Manufacturing facility

The shareholders of the new manufacturing company are Ismael, foreign investors from China and Ethiopian diaspora investors. December 20, 2016 Ismael Toure Business PLC along with other shareholders is going to set up a new factory dubbed Pure Wood Pulp Paper and... (Continue reading)

Aryanav Paper Mills Gets USD 21 Mn Low Cost Debt from UK-based Linetrust International Offshore Limited

Aryanav Paper Mills Gets USD 21 Mn Low Cost Debt from UK-based Linetrust International Offshore Limited

The company will use the money to setup a 54,000 TPA Hi-BF Kraft Liner and Top White Liner manufacturing unit. November 8, 2016 As per media reports, Aryanav Paper Mills Private Limited of India has entered into a long term financial association... (Continue reading)

Japan-Based Rengo Announces Start of New Capacity at Joint Paper Mill in Vietnam

Japan-Based Rengo Announces Start of New Capacity at Joint Paper Mill in Vietnam

With investments worth USD 130 Mn, the new and second machine with production volume 220,000 tonnes will produce containerboard (corrugating medium). November 18, 2016 Rengo Co., Ltd., Osaka, Japan announces the successful start of the second paper production line at Vina Kraft... (Continue reading)

International Paper Finalizes Acquisition of Weyerhaeuser’s Cellulose Fibers Business

International Paper Finalizes Acquisition of Weyerhaeuser’s Cellulose Fibers Business

IP expects to save about USD 175 million annually in “synergies” by the end of 2018. December 2, 2016 International Paper (IP) and Weyerhaeuser have finalized the announced purchase and sale agreement for Weyerhaeuser’s Cellulose Fibers division. The deal worth USD 2.2bn... (Continue reading)

US Continues With Antidumping and Countervailing Duties on Coated Paper Imports From China and Indonesia

US Continues With Antidumping and Countervailing Duties on Coated Paper Imports From China and Indonesia

USITC determined that material injury to the domestic industry was likely to continue or recur after revocation of the existing ADD and CVD orders. December 7, 2016 There is no end to punitive tariffs on coated paper imports from China and Indonesia... (Continue reading)

Federation of Corrugated Box Manufacturers of India Organizes Its 45th Annual Conference

Federation of Corrugated Box Manufacturers of India Organizes Its 45th Annual Conference

This year Himachal Pradesh Corrugated Box Manufacturers Association took up the responsibility of holding the FCBM Conference. November 21, 2016 FCBM’s 45th conference was held from 18-20 November in Chandigarh with interactive technical seminars and an extensive exhibition based on machinery. The... (Continue reading)

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Suzano to Purchase 75,000 Hectares of Forest Assets in Brazil

Suzano to Purchase 75,000 Hectares of Forest Assets in Brazil

The USD 245 million move intends to meet the demand from the expansion in pulp production at Imperatriz Unit. November 08, 2016 Suzano Papel E Celulose S.A. entered into with Companhia Siderúrgica Vale do Pindaré and with COSIMA – Siderúrgica do Maranhão... (Continue reading)

Verso Announces Plans to Temporarily Idle 200,000 Tonnes of Annual Production Capacity at Androscoggin Mill

Verso Announces Plans to Temporarily Idle 200,000 Tonnes of Annual Production Capacity at Androscoggin Mill

The idling of the No. 3 paper machine will result in the layoff of about 190 employees at the Androscoggin Mill. November 1, 2016 Verso Corporation announced plans to temporarily idle the No. 3 paper machine at its Androscoggin Mill in Jay,... (Continue reading)

Chinese Pulp and Paper Producers Plans to Consolidate, Invest Overseas Amid Economic Slowdown

Chinese Pulp and Paper Producers Plans to Consolidate, Invest Overseas Amid Economic Slowdown

China Pulp and Paper Factbook, a new publication from RISI, provides much-needed detail about this vital sector is the November 7, 2016 As China’s economic boom has slowed in recent years, its pulp and paper sector has responded with significant shifts in... (Continue reading)

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Asia Pulp & Paper Commits USD 50 Million on Indonesian Coated Paper Imports into US

Asia Pulp & Paper Commits USD 50 Million on Indonesian Coated Paper Imports into US

The company requests ITC lift Indonesian duties so it may resume limited importation of specific coated paper products into the United States market. November 3, 2016 Asia Pulp & Paper Group (APP), the global pulp, paper, packaging and tissue manufacturing company has... (Continue reading)

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