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Tag : International Paper

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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...
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Paper Companies Buoyed by Sales Improvement and Demand Pick-up

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Market leader JK Paper posted a 72 per cent jump in December quarter profit to Rs 120.26 crore this year, compared to Rs 69.81 crore in the corresponding quarter last year. February 22, 2019 Improved market conditions have improved sales and profitability of paper mills in the December quarter with...
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Smurfit Kappa Breaks Ground for New Recovery Boiler at Nettingsdorf Paper Mill

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As part of EUR 134 million investment plan, the new recovery boiler will increase the profitability and sustainability of the mill. October 23, 2018 Global packaging company Smurfit Kappa has marked the beginning of the rebuild of a recovery boiler with a ground-breaking ceremony at its Nettingsdorf Paper Mill in...

Is International Paper the Next Takeover Target?

Manik Seth
Even after the quarter topping consensus forecasts of USD 5.27 billion, IP faces speculation of being the next takeover target. August 17, 2016 Amid speculations that the paper-products maker could be a takeover target, shares of International Paper (IP) rose 1.6 percents to USD 46.79, the highest since August 19....

Sindhura Papers Pvt Ltd to Install New White Duplex Board Unit in Andhra Pradesh

Manik Seth
The company will commence a new unit with capacity of 80 tpd with provision of 150 tpd. July 31, 2016 In March 2014, Sanjay Kraft Paper in Tanaku, Andhra Pradesh changed its name to Sindhura Papers Pvt Ltd. With a manufacturing capacity of 50-60 tpd in Unit 1, it supplies...

IP to Buy Holmen’s Madrid Newsprint Mill

Manik Seth
International Paper intends to convert the machine to produce recycled containerboard March 16, 2016 Another conversion project has been announced. Holmen’s Madrid newsprint mill is planned to be transformed into a recycled containerboard mill. The company reported it had signed an agreement with International Paper (IP) for the sale of...

Stora Enso Gives up LWC Production in Brazil

Manik Seth
The company will sell its majority stake in the Arapoti mill to Papeles Bio Bio January 11, 2016 Stora Enso announced plans to part with its 80 percent ownership in the Brazilian Arapoti magazine paper mill. The stake is to be sold to Papeles Bio Bio for a total of...

Paperex 2015: Off to a Flying Start

Manik Seth
The inaugural session kick started the current 12thedition of the show amid boisterous crowd formed of representatives of all corners of the paper industry from India and the world Paperex 2015, World’s Largest Paper Show, with 545 Leading Exhibitors from 33 Countries including Group Participation from- China, Finland and Taiwan,...

Sustainability: Setting the Bar Higher

Manik Seth
IPPTA annual seminar with the theme ‘Sustainability of Paper Industry – Sustainability is Responsibility’ was held on March 12-13, 2015 in Hyderabad, concluding as the final event of the Golden Jubilee year of the association. The occasion seemed opportune to raise the issue of sustainability on a broader platform to...
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