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Sanstar to Raise INR 425-500 Crore to Expand its Facility in Maharashtra

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Sanstar Limited has filed draft papers with SEBI to raise Rs 425-500 crore through an initial public offering to expand its facility in Dhule, Maharashtra. Jan 04, 2024 Sanstar Limited, Ahmedabad-based manufacturers of plant-based speciality products and ingredient solutions has filed draft papers with SEBI to raise Rs 425-500 crore......
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Saudi Arabia’s PIF Acquires 23.08% Stake in MEPCO

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PIF has acquired a 23.08 percent stake in MEPCO by way of capital increase and subscription to new shares to expand its production, raise its operational efficiency, and support environmental sustainability, through recyclable products. Jan 04, 2024 The Public Investment Fund (PIF) has recently completed the acquisition of a 23.08......
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ITC Sunfeast Launches Industry-First 100% Paper-Based Packaging

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ITC Sunfeast Farmlite recently launched its new offering in 100 percent outer paper bag packaging to reduce plastic and inspire sustainable consumer choices. Jan 06, 2024 ITC Sunfeast Farmlite, a range of wholesome biscuits from ITC Foods, has launched its new offering, Sunfeast Farmlite Digestive Biscuit Family pack in 100......
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ITC PSPD’s Bhadrachalam Unit Receives the GreenCo Platinum+ Rating

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ITC PSPD’s Unit Bhadrachalam recently received the GreenCo Platinum+ rating under the CII GreenCo – Green Company Rating System.  Jan 05, 2024 ITC’s Paper and Paperboards factory in Bhadrachalam, Telangana, recently received the “GreenCo Platinum +” rating from the Confederation of Indian Industry (CII). The largest paperboard manufacturing unit of......
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Pulp Mill Waste Could Find New Use as Fertilizer

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Adding “biosolids” along with conventional fertilizer may reduce greenhouse gas emissions while improving soil, study suggests. Dec 04, 2023 Pulp mill waste destined for the landfill could instead be useful as an organic fertilizer that can help reduce the environmental impact of using conventional fertilizers while improving soil and tree......
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Auswaste Recycling to Build a Waste Paper Recycling Facility for USD 137 Million in Queensland

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The Albanese and Queensland Labor Governments have partnered with AusWaste Recycling to build one of Australia’s biggest paper recycling facilities in South East Queensland for USD 137 million. The facility is planned to turn 220,000 tonnes of waste paper and cardboard into pulp annually for export.  Nov 08, 2023 The......
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Brazil’s Suzano Acquires Forestry Assets for USD 376 Million

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Suzano, a Brazilian pulp and paper company, has acquired forestry assets from BTG Pactual Timberland Investment Group for USD 376 million. Dec 24, 2023 Suzano, a leading pulp manufacturer in the world, bought certain forestry assets from two special-purpose firms managed by BTG Pactual Timberland Investment Group worth USD 376......
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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......