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Novolex to Acquire Pactiv Evergreen for USD 6.7 Billion

desk4
Novolex will acquire Pactiv Evergreen for USD 6.7 billion. Upon the completion of the transaction, Pactiv Evergreen will become a privately held company. This transaction is supported by funds managed by affiliates of Apollo and Canada Pension Plan Investment Board which will contribute approximately USD 1 billion.  Dec 16, 2024......
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Saudi Arabia’s Juthor Paper Orders Tissue Paper Machine from ANDRITZ

desk4
The tissue paper machine will be one of the world’s fastest high-capacity tissue paper machines with a design speed of 2200 m/min and up to 5.47 m width at the reel.  Dec 10, 2024 Middle East Paper Co. (MEPCO)’s subsidiary, Juthor Paper Manufacturing Co., has ordered a high-speed double-width tissue......
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Chirag Jain Represents India at Russian Paper Industry Conference in Turkey

desk4
The VIII International Conference “Russian Pulp and Paper Industry – New Realities, New Opportunities”, was held in Turkey, Istanbul from Dec 5-6, 2024. The Conference witnessed constructive professional dialogue between business structures, potential investors and representatives of governmental authorities, whose decisions determine the functioning of the pulp and paper industry......
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Vinay Jain Appointed Chairman of JITO Delhi Chapter

desk4
JITO is a unique, multi-stakeholder organization of visionary industrialists, businessmen, and professionals belonging to the Jain community, who share a commitment to shape the future of the community and society at large through economic empowerment and knowledge. Dec 4, 2024 The Jain International Trade Organization (JITO) has appointed Mr. Vinay......
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ABB Launches Industry Paper Series Under its Sustainability Program

desk4
ABB has launched a series of industry papers (report) as part of its global ‘Real Progress’ sustainability program. Each report in the three-part series will focus on how the industry is evolving for a more sustainable future.  Dec 4, 2024 ABB has launched a series of industry papers (report) as......
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AFRY Launched a Study on Decarbonisation of Paper in Italy

desk4
AFRY, commissioned by Assocarta, the Italian paper association, has recently presented the findings of a study outlining a net-zero roadmap for the pulp and paper sector in Italy. The findings highlight the decarbonisation of the paper sector through improved efficiency, and continues with the electrification and the transition to low-carbon......
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Chandpur Enterprises Commences Two Toscotec’s MG Dryers

desk4
Chandpur Enterprises has commenced two TT SYD MG steel Yankee dryers for machine-glazed paper supplied by Toscotec to replace two local steel Yankee cylinders at its facility in Chandpur, Uttar Pradesh.  Nov 29, 2024 Indian paper manufacturer Chandpur Enterprises has started up two highly technological TT SYD MG steel yankee......
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Billerud to Collaborate with Industrikraft to Secure Sustainable Energy Supply in Sweden

desk4
As one of Sweden’s largest electricity consumers, Billerud has joined Industrikraft to help strengthen Sweden’s ability to expand competitive fossil-free electricity. Dec 01, 2024 Billerud, a Swedish pulp and paper manufacturer,  is looking forward to collaborating with Industrikraft,  a collaborative platform for Swedish industrial companies to secure  sustainable energy and......
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Gayatrishakti Paper & Boards Ventures into the Tissue Paper Market

desk4
Gayatrishakti Paper & Boards has entered the Indian tissue paper market with the start-up of the AHEAD tissue machine supplied by Toscotec at their facility in Vapi, Gujarat state. Dec 04, 2024 Gayatrishakti Paper & Boards has entered the Indian tissue paper market with AHEAD tissue machine supplied by Toscotec......