SMART Papers sells uncoated paper line to Mohawk

adminMay 23, 2009

May 23, 2009

Smart Papers said that it has sold its premium uncoated writing, text and cover brands to Mohawk Fine Papers. The deal includes SMART's Carnival, Passport, Genesis, Synergy, Pegasus, Magna Carta, Solutions, Feltweave, Nekoosa, Proterra, Skytone, and the company's Brights brands....

SCA to Cut 2200 Jobs & Close Plants in Europe

adminMay 23, 2009

May 23, 2009

SCA said that it has initiated an "efficiency improvement program" that is expected to reduce annual costs by SEK 1.07 billion. According to SCA, demand in Europe has fallen by 10% and the industry is struggling with high producer inventories and pressure on both liner and corrugated board prices....

Nippon Paper to shut 15 paper and paper board machines

adminMay 23, 2009

May 23, 2009

Nippon Paper Group announced that it will shut 15 paper and paperboard machines in response to the recent sharp decline in demand. The Group has been compelled to operate below capacity to meet demand decreases, however, it has decided to consolidate its production at more efficient machines to raise the operating rates....

Sun Paper to set up joint venture in Vietnam

adminMay 23, 2009

May 23, 2009

China's Sun Paper will set up a joint venture in Vietnam with a local property firm, with Sun Paper owning 95% of the new company, according to its filing to the Shenzhen Stock Exchange on March 7....

Emami to setup Greenfield Paper Plant with an Investment of Rs 25 billion

adminMay 23, 2009

May 23, 2009

Emami Paper Mills Ltd, part of the Rs 20 billion Emami Group,will invest Rs 25 billion to set up a paper mill in West Bengal. Emami Paper signed a memorandum of agreement with the West Bengal Industrial Development Corp. The paper mill, with an installed capacity of 600 ton per day, will be located in the paper park being set...

Satyam Industries commences production on 200 TPD Kraft Paper Mill in Panipat

adminMay 23, 2009

May 23, 2009

Satyam Industries commenced trial run on their 200 TPD kraft paper machine on 12 March 2009 and had planned to begin commercial production during auspicious days of Navratra in late March. The mill is located 1 km inside the National Highway no 71A, route from Panipat to Rohtak....

Minerals Tech to build a satellite PCC plant for BILT

adminMay 23, 2009

May 23, 2009

Minerals Technologies Inc. announced that its wholly owned subsidiary, Specialty Minerals Inc., has entered into an agreement with Ballarpur Industries Limited (BILT) to construct a satellite precipitated calcium carbonate (PCC) facility at BILT's BallarshahUnit in the state ofMaharashtra, India. The facility will produce approximately 65,000 metric tons of PCC per year and supply the paper-filling needs of the Ballarshah pulp...

Abhishek Industries Launches Copier Paper Spectra & my choice

adminMay 23, 2009

May 23, 2009

Abhishek Industries Limited (AIL), the flagship of the Rs 2500 crore global conglomerate, Trident Group, launched two branded copier paper products - Spectra and My Choice. The diversified Trident Group with businesses ranging from terry towels, cotton yarn, information technology, paper, energy and chemicals, targets an incremental turnover of Rs 400 crore from the expanded branded copier paper portfolio which...

Orient Papers starts tissue machine

adminMay 23, 2009

May 23, 2009

Orient Paper & Industries has started trial runs on a new tissue machine at its Amlai facility in Madhya Pradesh. The commercial production on the 59 tonne/day unit is expected to begin soon....

Dun & Bradstreet Acknowledges BILT as a Leader amongst Top 500 Indian Companies

adminMay 23, 2009

May 23, 2009

Ballarpur Industries Limited (BILT), India's largest paper company and part of the US$ 3 bn Avantha Group, received the Dun & Bradstreet - Rolta Corporate Awards 2008. BILT was named top Indian company in the paper sector....