SCG Paper upgrades production process at Phoenix Plant

adminSeptember 30, 2010July 1, 2021

September 30, 2010July 1, 2021

SCG Paper has invested Baht 2,200 millions (USD 71 million) in upgrading the Khon Kaen - based Phoenix Pulp & Paper plant's utilities production and environmental management efficiency to international standard....

Tembec shuts down permanently its Pine Falls newsprint mill

adminSeptember 30, 2010

September 30, 2010

Tembec announced the permanent closure of its newsprint mill located in Pine Falls, Manitoba. The mill had been indefinitely idled due to a labour dispute on September 1, 2009. After examining a full range of options, the company initiated a sales process for the mill in early January 2010. This sales process has proved unsuccessful. After a thorough analysis of...

Lee & Man Paper to install 1800 TPD cartonboard machine

adminSeptember 30, 2010July 1, 2021

September 30, 2010July 1, 2021

Metso will supply a coated cartonboard production line to Lee & Man Paper Manufacturing Co. Ltd to the company's Hongmei mill in Guangdong province, China. The start-up of the new production line is scheduled for the end of 2011. The value of the order is not disclosed. A typical value of a board production line of this type is about...

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Billions to save in the paper business

adminSeptember 30, 2010July 1, 2021

September 30, 2010July 1, 2021

Innventia, a research institute, continues to revolutionise the paper business. Its research work has now produced a new method that will result in a stronger paper with lower production costs and reduced raw materials consumption. This dream scenario has now become a reality for many companies in the paper business....

Servalakshmi Paper Ltd to enter capital markets

adminSeptember 30, 2010July 1, 2021

September 30, 2010July 1, 2021

Servalakshmi Paper Ltd has filed Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI) for an Initial Public Offer (IPO). The company is proposing to enter capital markets with a public issue of equity shares aggregating Rs.600 million through 100 percent Book Building Process....

Milano Papers to Install a 190 TPD Duplex Board Plant

adminSeptember 30, 2010

September 30, 2010

Milano Papers Pvt. Ltd. is installing a 190 TPD coated duplex board plant in Morbi, Gujarat. Former is sourced from Bagpet Industries Ltd., while the pulp mill equipments are supplied by JMC Engineers and other machine are from JMC Engineers & Ambesh Engineering Works. Setup with an investment of Rs. 40 crores, the project is expected to start by the...

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Nalco Opens New Technical Support Center in India

adminSeptember 30, 2010July 1, 2021

September 30, 2010July 1, 2021

Nalco, providing essential expertise for water, energy and air, opened a new corporate office and research and development facility in Pune, India. The $8.5 million, 60,000-square foot facility will serve as the headquarters for sales, marketing and supply chain operations for NLC Nalco India Ltd. as well as house a new, state-of-the-art technology and innovation center....

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HP & JK Paper tie-up for ColorLok Papers in India

adminSeptember 30, 2010July 1, 2021

September 30, 2010July 1, 2021

JK Paper Ltd has tied up with Hewlett Packard (HP) for its internationally acclaimed 'ColorLok' technology. With this JK Paper, joins the select List of 11 leading global paper companies like International Paper, Stora Enso, M-Real, Mondi, APRIL, Domtar etc who have been licensed 'ColorLok' technology by HP to provide high quality printing experience. JK Paper owns the largest selling...

Fortune Paper Mills to install 100 TPD Absorbant Kraft Paper Plant

adminSeptember 30, 2010

September 30, 2010

Fortune Paper Mills is installing a 100 TPD absorbant kraft paper plant in Morbi, Gujarat. The entire paper machine and pulp mill equipments are being supplierd by JMC Engineers for the Rs. 14 crores project. The fourdrinier M.G. machine has a capacity of 100 TPD which is expandable upto 130 tons. The recycled fiber based machine will produce different varieties...

ABC Paper promoters decide to part ways

adminSeptember 30, 2010

September 30, 2010

The Khaitan and Bajaj families, promoters of ABC Paper Ltd, have decided to part ways. On 16 July, Esteem Finventures Ltd, Combine Overseas Ltd, Pavan Khaitan and J.K. Khaitan bought 8.78% stake from the Bajaj family in a share sale executed on the Bombay Stock Exchange (BSE) for an undisclosed sum. Further the stake of Bajaj family-promoted Amrit Corp. Ltd,...