Paper Industry News - Papermart

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Read the latest news and stories on the pulp and paper industry. Discover the stories that are trending and making impact in the market.

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Mondi to Acquire Turkish Corrugated Packaging Firm Olmuksan

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Following the completion of the transaction, Mondi will launch a mandatory tender offer to acquire the remaining 9.62% of outstanding shares in the Company held by minority shareholders. January 5, 2021 Mondi has agreed to acquire 90.38% of the outstanding shares in Olmuksan International Paper Ambalaj Sanayi ve Ticaret A.Ş......
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JMC Paper Tech Commissions 150 TPD Paper Machine at Burayu Development, Ethiopia

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JMC Paper Tech Pvt. Ltd. has completed the commissioning and paper reeling in its very first operation at M/s Burayu Development PLC in Addis Ababa, Ethiopia. December 25, 2020 As informed to Paper Mart, JMC Paper has deployed and installed a 150 TPD triple fourdrinier paper machine on turnkey basis......
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H&M introduces Sustainable Packaging Solutions

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With the objective of becoming a fully circular organization, H&M Group has developed a multi-brand packaging system with bags made of certified paper that are recyclable. December 31, 2020 Swedish multinational clothing-retail company – H&M Group has introduced a new multi-brand paper packaging system that is reusable and recyclable. With......
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Century Pulp and Paper Inaugurates 2.6MW Solar Plant Erected by Sharma Fabricators

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A 2.6 MW solar plant was inaugurated by Mr. J.P. Narain, CEO, Century Pulp and Paper under the power purchase agreement with Enfrosun Solar (P) Ltd. December 30, 2020 Mr. J. P. Narain, Chief Executive Officer, Century Pulp and Paper has inaugurated a 2.6 MW solar plant erected by Sharma......
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Toscotec Successfully Completes a Dryer Section Rebuild at Aviretta in Germany

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The Italy-based manufacturer and supplier has provided Aviretta with a comprehensive range of services including – engineering, disassembly, erection, commissioning, and start-up assistance for the rebuild of the dryer section. December 24, 2020 Toscotec successfully completed a post dryer section rebuild at German containerboard producer Aviretta. The project was executed......
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Paper Industry Asks for an Increase in Import Duty to 25%

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With the aim to curb unfair practices and as substantial quantities of paper and paperboard are imported into the country at nil import duties, IPMA contends for the need for amendment in the import policy in the domestic paper industry. December 24, 2020 In the pre-budget consultations with the Ministry......
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Satia Industries Seeks Permission to Bid on Ballarpur Industries Acquisition

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Satia Industries Ltd. plans major expansion cum acquisition; seeks permission to bid on Ballarpur Industries Ltd. acquisition. December 21, 2020 As reported in a leading daily, Satia Industries Limited has notified BSE and NSE that it is seeking to apprise and seek permission to bid for acquisition of Ballarpur Industries......
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Mondi introduces new paper-based diaper packaging – EcoWicketBag for Drylock

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The new paper-based packaging solution – EcoWicketBag can be placed in existing paper streams, even in countries with the strictest recycling regulations, thereby supporting the circular economy. December 21, 2020 Mondi, a global leader in packaging and paper, has introduced a new paper-based packaging – EcoWicketBag for Drylock Technologies’ baby......
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HANABi Project: Cellulose and Ceramics Unite For Improved Packaging

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HANABi, a start-up spearheaded by French academic research consortium SATT Linksium, is working on an “ultra-light” cellulose and ceramic hybrid material promising flexibility and liquid resistance. December 18, 2020 The HANABi project is being implemented by the SIMAP and LGP2 laboratoires. The goal is to combine the advantages of paper......
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UFlex to Double its Aseptic Liquid Packaging Plant’s Capacity to 7 Billion Packs Per Annum

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ASEPTO, liquid packaging business of UFlex announces doubling of capacity from existing 3.5 billion to 7 billion packs per annum at its Sanand, Gujarat plant. December 21, 2020 UFlex Limited, India’s largest multinational flexible packaging and polymer science company and first Indian manufacturer of aseptic liquid packaging, announced to double......