Paper Industry News - Papermart

Papermart

Category : News

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

News

Graphic Packaging to Buy Letica Foodservice Assets for USD 95 Million

admin
The transaction is expected to close in the third quarter of 2018. August 28, 2018 Graphic Packaging Holding Company announced that its subsidiary, Graphic Packaging International, LLC, has reached an agreement to acquire substantially all the assets of the foodservice business of Letica Corporation, a subsidiary of RPC Group PLC......
News

Dunn Paper Acquires Clearwater Paper’s Ladysmith Facility for USD 72 Million

admin
Clearwater will use the net proceeds to help fund the expansion of its Shelby, North Carolina facility and opportunistically pay down debt. August 21, 2018   Clearwater Paper yesterday announced that it has sold its Ladysmith, Wisconsin facility to Dunn Paper for approximately USD 72 million. Clearwater said that it......
News

BASF and Solenis Signs Agreement to Combine Paper and Water Chemical Business

admin
BASF and Solenis have joined forces by combining BASF’s paper wet-end and water chemicals business with Solenis. The combined pro-forma sale is targeted around EUR 2.4 billion. June 3, 2018 The combined entity with pro-forma sales of around EUR 2.4 billion and around 5,000 employees in 2017, aims to deliver......
News

BW Papersystems Acquires QUESTEC Technology

admin
The acquisition adds technology for the converting of lightweight materials June 12, 2018 BW Papersystems, part of Barry-Wehmiller and a leading manufacturer for the corrugating, sheeting and paper-converting industries, has acquired the QUESTEC technology from Ph-QUESTEC, based in Germany. Adding this specialized, innovative rotary crosscutting technology—which serves the printing industry,......
News

Nippon Paper Industries to Shutdown 531,000 Tonnes of Production Capacity

admin
The Company has resolved to reorganize the production structure for its paper business. June 1, 2018 Since the global financial crisis, domestic demand for paper in Japan has been in a state of structural decline due to development of IT. Since 2009, as the top manufacturer of newsprint and printing......