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SCA Signs USD 94.5 Million Deal with Nordic Investment Bank to Co-Finance Fasikan Wind Farm in Sweden

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Svenska Cellulosa’s wind project consists of 15 new wind turbines with a total annual production capacity of 333 GWh, producing enough power to supply around 15,000 homes. It is scheduled for completion in 2026. Apr 1, 2024 The Nordic Investment Bank (NIB) has sanctioned an SEK 1 billion loan to......
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Valmet Aims to Achieve 100% Carbon-Neutral Production by 2030

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Valmet has made significant strides toward carbon neutrality. After achieving major milestones in its climate program, Valmet targets to reduce the CO2 emissions in its supply chain by 20 percent and enable 100 percent carbon-neutral production for all its pulp and paper customers by 2030. Dec 13, 2023 Valmet launched its climate program......
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The Future of Energy and Paper Laakirchen / Steyrermühl

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Heinzel Group has big plans for the two sites, Laakirchen and Steyrermühl, which will grow together into a center for sustainable packaging papers, renewable energy, and wood processing. Steyrermühl site will become part of the Heinzel Group effective from January 1, 2024. Dec 6, 2023 Paper production in Laakirchen and......
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Billerud to Upgrade Bioproduct Mill; Signs EUR 110 Million Loan Agreement with EIB

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Billerud has signed a loan agreement with EIB of EUR 110 million which will support the environmental upgrade of an existing integrated pulp and paper mill in Frövi, Sweden, including the replacement of an old recovery boiler. The upgrades will reduce emissions, improve energy and resource efficiency and increase renewable......
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Stora Enso Commits to Reach Net-Zero Emissions by 2040; Offer 100 percent Regenerative Products & Solutions by 2050

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Stora Enso to fulfill its commitment to become net carbon positive, and to offer 100 percent regenerative products and solutions by 2050, has become a signatory of The Climate Pledge. Dec 12, 2023 Stora Enso, recently committed to net-zero emissions by signing The Climate Pledge. This move displays its long-term......
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Bracell Invests USD 996 Million to Construct Latin America’s Largest 240,000 TPA Tissue Paper Mill

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Global leader in dissolving pulp production, Bracell has begun construction of Latin America’s largest tissue paper mill, located in Lençóis Paulista, São Paulo, Brazil with an investment of USD 996 million and a production capacity of 240,000 TPA. April 28, 2023 Bracell recently marked the beginning of construction on Latin......
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Smurfit Kappa: First-Ever in World in Successful Trial of Hydrogen with HYFLEXPOWER Demonstrator

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The HYFLEXPOWER project is aimed at demonstrating that renewable energy can be converted to hydrogen and serve as a flexible means of storing energy. This is an important first step forward in the journey to a carbon-free industry. December 29, 2022 The HYFLEXPOWER consortium and Smurfit Kappa have announced the......
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SCA to Introduce a Dedicated Renewable Energy Reporting Segment

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The new reporting segment – Renewable Energy – will be started on January 1, 2023. The move is aligned with SCA’s goal to grow and realise business opportunities in the renewable energy sector. October 30, 2022 SCA, one of Europe’s key producers of renewable energy, makes use of residual and......
Events HEADLINE

IPMA, CII Organise PaperTech Conference on Making the Paper Industry World Class

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The 16th edition of the PaperTech conference was held at India Habitat Centre, New Delhi on September 19 and 20. Indian Paper Manufacturers Association (IPMA) and Confederation of Indian Industry (CII) jointly organised PaperTech 2022 conference at India Habitat Centre, New Delhi from September 19 to September 20, 2022. Themed......
Events

IPPTA holds 56th AGM & Seminar Emphasising on Best Practices in the Industry

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The IPPTA seminar was organised on 25 and 26 March 2022 at The Leela Ambience Convention Hotel, Delhi. Sharing and implementing best practices is an excellent way to help businesses improve their products and maximise the value of investments. After two years of the pandemic, when the paper industry is still......