July 2011 - Page 2 of 4 - Papermart

Papermart

Month : July 2011

Tjiwi Kimia, Indah Kiat to spend USD 250 MN to boost capacity

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Paper producer Pabrik Kertas Tjiwi Kimia, a unit of Sinar Mas Group, will spend USD 100 million to build 13 paper machines with an annual capacity of 100,000 tonnes this year, said Arman Sutedja, the firm's finance director. Paper company Indah Kiat Pulp and Paper, also controlled by Sinar Mas, plans to develop 16 paper machines worth between USD 100-150...

Sappi to End Production of Coated Graphic Paper at Biberist Paper Mill

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Sappi Fine Paper Europe announced that it will cease production of coated graphic paper at its Biberist paper mill in Switzerland. In a written statement Sappi said, "After due and thorough consideration during the consultation process with local employees ending on 16 May 2011 the definitive decision to discontinue the coated graphic paper production was taken. It is anticipated that...

M-real Seeks to Divest 500,000 Tons of Papermaking Capacity

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M-real Corporation, part of Metsäliitto Group, plans to divest the entire Gohrsmühle mill in Germany or alternatively parts of the mill separately based on a Paper Park concept. In case the divestment would turn out to be unsuccessful M-real commences a process to discontinue the uncoated fine and the unprofitable parts of the speciality paper operations at Gohrsmühle mill. Should...
Events

Papertech 2011: Make Indian Paper Industry World Class

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India can be a global leader in paper sector” Speaking at the inaugural session of CII's 5th edition of PaperTech 2011, Mr T S Appa Rao, IAS, Principal Secretary to Govt & CIP, Industries & Commerce Department, Government of Andhra Pradesh expressed the optimism that, with India emerging as a knowledge capital and with huge market potential, Indian paper sector...

RockTenn to Close Three Corrugated Container Plants

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RockTenn announced that it will close three former Smurfit-Stone corrugated container plants in the fourth quarter of fiscal year 2011. The plants are located in Birmingham, Alabama; Jonesboro, Arkansas; and Santa Fe Springs, California. Existing business will be transitioned to nearby RockTenn facilities, the company said....