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Japan Pulp and Paper Eyes Acquisition of Inapa for EUR 25 Million

desk4
JPP offered a takeover price of EUR 25 million, based on an enterprise value of EUR 73.1 million. The takeover bid also indirectly included all shares in the trading company JJ Loos, Inapa had acquired JJ Loos two years ago. Sep 25, 2024 Japan‘s paper trading company, Japan Pulp and......
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International Paper Appoints Andy Silvernail as the Chairman of Board of Directors

desk4
Andy Silvernail took charge as the Chairman of the International Paper Board of Directors, following the retirement of Mr. Mark Sutton. Mr. Silvernail has been given the charge in addition to his current role as the Chief Executive Officer of the company.  Oct 1, 2024 International Paper has appointed Mr.......
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DS Smith Invests EUR 50 Million on Packaging Facilities in Portugal

desk4
DS Smith acquired two top-of-the-range fluting machines for its packaging facilities in Oporto and Leiria. It will install solar panels at packaging facilities in Esmoriz, Leiria and Lisbon to produce electricity for its own consumption, reducing CO2 emissions by 34 percent a year. Sep 30, 2024 In response to a......
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San Martino Paper Mill, SAEL to Invest EUR 13 Million in Paper Machine Upgradation

desk4
The project will be a turnkey solution by SAEL, encompassing new cabinets, PCC, MCC, desk motors, and the medium voltage substation. SAEL will also handle all the wiring within the mill.  Sep 26, 2024 San Martino paper mill, in collaboration with SAEL for over 35 years, is preparing for a......
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Norske Skog to Produce Recycled Containerboard at Golbey Facility from 2025

desk4
Norske Skog will start the production of recycled containerboard at its Golbey plant in France in the first quarter of 2025. The cost of the strategic project has increased from EUR 300 million to EUR 320 million due to revised timeline and the additional work required. Sep 18, 2024 Norwegian......
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Sonae Arauco to Acquire World’s First Fiberboard Recycling Line from ANDRITZ

desk4
The world’s first industrial-scale fiberboard recycling line is set to begin operations in 2025. This innovative system will recycle end-of-life fiberboards into valuable fibers, which will then be used as the new raw material for fiberboard production. Aug 22, 2024 Sonae Arauco’s mill in Mangualde, Portugal has placed an order......
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Valmet to Deliver New Equipment to Klabin Mill in Brazil

desk4
The new recovery boiler, ash crystallization plant and the odorous gas handling system will improve the efficiency and sustainability of Monte Alegre mill. The order, estimated to be above EUR 100 million, is part of Klabin’s modernization project. Aug 28, 2024 Valmet will deliver a new recovery boiler, an ash......
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Seshasayee Paper and Board Approves INR 405 Crore Capex for Erode Mill

desk4
The project, which is expected to commence commercial production in April 2026, will increase paper production by 12,500 TPA, pulp production by 35,000 TPA and black liquor dry solids firing capacity from 950 TPD to 1,500 TPD at Erode unit of Seshasayee Paper and Boards Limited. Sep 26, 2024 Seshasayee......
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Archroma Announces Leadership & Organizational Changes

desk4
Mr. Rajiv Sharma assumes the role of Archroma CEO as Mr. Mark Garrett transitions to the Board of Directors. Sep 30, 2024 Archroma, a global leader in specialty chemicals towards sustainable solutions, has announced that Mr. Rajiv Sharma has been appointed as the new CEO with key responsibility for the......