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News HEADLINE

FPTA’s Press Meet Highlights Importance of Paper Day, Environment and Trade Concerns

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Hosted by Paper Merchants Association (PMA)-Delhi, the 58th Annual General Meeting of Federation of Paper Traders Associations of India (FPTA) will serve as an effective platform for concerns pertaining to the paper business in India. September 20, 2019 The 58th Annual General Meeting of Federation of Paper Traders Associations of......
News HEADLINE

JK Paper to Setup Valmet’s Board Machine at its Fort Songadh Mill

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The 4250-mm-wide (wire) board machine will produce folding boxboard, solid bleached board (SBS) as well as cup and barrier board grades. September 12, 2019 Valmet will supply a board machine with an extensive automation and Industrial Internet package for JK Paper Limited’s Fort Songadh Mill in India. By investing in......
News HEADLINE

Papcel Files for Insolvency Due to High Debts

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According to David Dostál, Papcel was practically paralyzed by shareholder disputes for a significant part of last year. September 10, 2019 Papcel, a Czech paper and papermaking machines manufacturer has filed an insolvency petition. As per the media reports, the Litovel-based company filed an insolvency petition due to high debts.......
News HEADLINE

Parason Acquires Calpher Máquinas to Expand its Footprint in Brazil

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The acquisition of Calpher’s business will enlarge Parason’s footprint in Brazil and Americas allowing the company to access to an improved level of service, enlarged portfolio and the most complete range of the pulp and paper machinery in the market and opening greater opportunities to improve competitiveness in the market.......
HEADLINE News

JK Paper to Invest INR 1500 Crore to Expand Capacity in Songadh Plant in Gujarat

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The expansion will also provide opportunity of raw material supply to local farmers. Approximately 10,000 tribal farmers will benefit from it. July 2, 2019 JK Paper Ltd. will set up a new manufacturing plant in Gujarat at an investment of Rs 1500 crore. A memorandum of understanding (MoU) has been......
Special Feature HEADLINE

INDUSTRY 4.0: The Fourth Industrial Revolution

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Digitalization is gradually transforming the way we produce products. Referred to as “Industry 4.0” in Europe, the “Industrial Internet of Things (IIoT)” in the United States, or just “smart manufacturing”, this transformation represents the fourth revolution that has occurred in manufacturing. The first industrial revolution was all about mechanization through......
News HEADLINE

Emami Stake Sale Continues, Includes Paper Business for Divestment to Reduce Debt

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The total promoter stake in Emami subsequent to the stake sale, stands at a controlling majority of 52.74 percent. The promoters intend to maintain this stake. June 26, 2019 Kolkata-headquartered FMCG conglomerate promoters, the Goenka and Agarwal families have offloaded a 10 percent of their stake in the group flagship,......