Paper Industry News - Papermart

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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

Sofidel Acquires a New Production Plant from ST Paper In Minnesota

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Sofidel, to accelerate its growth in the USA, has acquired a paper mill from ST Paper in Duluth, in Minnesota, United States, having a production capacity of 65,000 metric tons per year.  Jan 04, 2024 Sofidel, the world’s leading manufacturer of paper for hygienic and domestic use, has acquired a......
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Runtech Systems Delivers Vacuum System to Sonoco, Indonesia & Sonoco Stainland, UK

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Runtech Systems has recently delivered a RunEco vacuum system rebuild to Sonoco Products Co. Subang mill and one in the Stainland mill in the United Kingdom. Jan 10, 2024 Runtech Systems has delivered a RunEco vacuum system rebuild to Sonoco Products Co. Subang mill in Indonesia. The delivery includes a......
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Sanstar to Raise INR 425-500 Crore to Expand its Facility in Maharashtra

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Sanstar Limited has filed draft papers with SEBI to raise Rs 425-500 crore through an initial public offering to expand its facility in Dhule, Maharashtra. Jan 04, 2024 Sanstar Limited, Ahmedabad-based manufacturers of plant-based speciality products and ingredient solutions has filed draft papers with SEBI to raise Rs 425-500 crore......
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Saudi Arabia’s PIF Acquires 23.08% Stake in MEPCO

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PIF has acquired a 23.08 percent stake in MEPCO by way of capital increase and subscription to new shares to expand its production, raise its operational efficiency, and support environmental sustainability, through recyclable products. Jan 04, 2024 The Public Investment Fund (PIF) has recently completed the acquisition of a 23.08......
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ITC Sunfeast Launches Industry-First 100% Paper-Based Packaging

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ITC Sunfeast Farmlite recently launched its new offering in 100 percent outer paper bag packaging to reduce plastic and inspire sustainable consumer choices. Jan 06, 2024 ITC Sunfeast Farmlite, a range of wholesome biscuits from ITC Foods, has launched its new offering, Sunfeast Farmlite Digestive Biscuit Family pack in 100......
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ITC PSPD’s Bhadrachalam Unit Receives the GreenCo Platinum+ Rating

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ITC PSPD’s Unit Bhadrachalam recently received the GreenCo Platinum+ rating under the CII GreenCo – Green Company Rating System.  Jan 05, 2024 ITC’s Paper and Paperboards factory in Bhadrachalam, Telangana, recently received the “GreenCo Platinum +” rating from the Confederation of Indian Industry (CII). The largest paperboard manufacturing unit of......
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Pulp Mill Waste Could Find New Use as Fertilizer

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Adding “biosolids” along with conventional fertilizer may reduce greenhouse gas emissions while improving soil, study suggests. Dec 04, 2023 Pulp mill waste destined for the landfill could instead be useful as an organic fertilizer that can help reduce the environmental impact of using conventional fertilizers while improving soil and tree......
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Auswaste Recycling to Build a Waste Paper Recycling Facility for USD 137 Million in Queensland

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The Albanese and Queensland Labor Governments have partnered with AusWaste Recycling to build one of Australia’s biggest paper recycling facilities in South East Queensland for USD 137 million. The facility is planned to turn 220,000 tonnes of waste paper and cardboard into pulp annually for export.  Nov 08, 2023 The......
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Brazil’s Suzano Acquires Forestry Assets for USD 376 Million

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Suzano, a Brazilian pulp and paper company, has acquired forestry assets from BTG Pactual Timberland Investment Group for USD 376 million. Dec 24, 2023 Suzano, a leading pulp manufacturer in the world, bought certain forestry assets from two special-purpose firms managed by BTG Pactual Timberland Investment Group worth USD 376......