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Voith Buys Stakes in Yangi, Sweden, to Invest in Dry Pulp Molding Process

admin
Voith bought stakes in Yangi, a Swedish sustainable start-up, to invest in the dry pulp molding process, which is a sustainable alternative built by the latter to the wet pulp molding process, and further decarbonization in the paper and packaging industry. February 27, 2023 Voith, a leading full-line supplier, has......
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Line O Matic Launches Online Shopping Portal for its Foreign Customers

admin
Line O Matic celebrated its silver jubilee by launching an online shopping portal for its export division and made the day a major milestone in the company’s history. The company has a global presence in over 80 countries, with over 3000 machines delivered for paper industry solutions. February 27, 2023......
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UPM’s Uruguay Pulp Mill Investment of EUR 3.28 Billion to Increase its Production to 5.8 Million TPA

admin
UPM Group released its financial statements for FY22 and shared the status of its various projects in Uruguay, Germany, Austria, and other markets. The group has established one pulp terminal and one pulp mill, which once operational will increase the production by more than 50 percent to 5.8 million TPA,......
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Billerud’s Escanaba Mill Expansion of USD 1 Billion Seeks Legislative Support of USD 200 Million

admin
Billerud has successfully got the nod of Michigan’s state legislation for investment support of a maximum of USD 200 million against USD 1 billion investment. The company is planning to expand its Escanaba Mill into a paperboard production facility. February 24, 2023 Billerud’s expansion plans have been approved for investment......
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UPM, Finland Launches Streamwater Programme to Restore 500 Km of Rivers and Rapids

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UPM, Finland, has launched a new streamwater programme to restore and release its 500 kilometers of streamwater by removing migratory barriers, including defunct dams, old culverts, hydropower structures, etc. February 24, 2023 UPM has adopted a new streamwater programme, as a part of its biodiversity projects, to release or restore......
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Brazil Paper Mill Contracts ANDRITZ for 153 TPD capacity Concentrated Sulfuric Acid Plant

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Suzano Paper mill, Ribas do Rio Pardo, Brazil, is being supplied a SulfoLoop concentrated sulfuric acid plant, with a 153 TPD capacity, by ANDRITZ. February 24, 2023 Suzano Mill, Brazil, has contracted ANDRITZ to deliver a SulfoLoop concentrated sulfuric acid plant for its new pulp mill, which is under construction......
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International Paper to Sell its 50 percent Ownership in ILim Russia for USD 484 Million

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IP has agreed to sell 50 percent of its ownership interests in Ilim SA, Russia, the holding company of its Ilim joint venture, to its joint venture partners for USD 484 million. February 24, 2023 International Paper (IP) has entered into an agreement to sell its 50 percent interest in......
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Stora Enso Contracts Voith to Transform Finland Paper Line into 750,000 TPA Board Machine

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Stora Enso has contracted with Voith, a leading line producer, to transform its Oulu, Finland, site’s paper machine. Post-transformation the line will have the highest production capacity in Europe for high-quality folding boxboard and CKB at 750,000 TPA. February 24, 2023 Stora Enso has contracted Voith to transform its Oulu,......
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Stora Enso Contracts Valmet Under EUR 1 Billion Investment for Finland Mill Conversion

admin
Stora Enso contracts Valmet as a part of its EUR 1 billion investment for its Oulu, Finland, paper mill’s upgrade, to deliver Bleached Chemi-ThermoMechanical Pulp (BCTMP), evaporation plant, Non-Condensable Gas (NCG) technology, and automated solutions. February 24, 2023 Stora Enso has contracted Valmet to deliver bleached Chemi-ThermoMechanical pulp (BCTMP), evaporation,......
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Norske Skog to Invest USD 17.5 Million in Thermomechanical Production Line for Additional 100,000 TPA

admin
Norske Skog Skogn, Norway, will invest USD 17.5 million, in addition to USD 3.8-4.8 million from NOx fund, to acquire a new Thermomechanical Production (TMP) line, which will increase the mill’s thermomechanical wood pulp production capacity by 100,000 TPA, replacing expensive recycled paper with fresh fibre. February 24, 2023 Norske......