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.

News

Stora Enso Evaluates Expansion in Wood Products

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The company has recently completed pre-feasibility study and expects that the investment would be cost-competitive and would have synergies with the existing mill in Gruvön. July 19, 2019 Stora Enso has initiated feasibility studies for a possible cross laminated timber (CLT) unit in connection with its Ždírec mill in the......
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Mitsubishi Launches Metallised Inkjet Paper for Extraordinary Labels

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It is suitable for water-based inkjet printing (dye and pigment inks), compatible with latex inks and gives ‘optimum performance’ in the self-adhesive production process including labeling. July 8, 2019 Mitsubishi HiTec Paper has launched a metallic-silver-gloss inkjet paper, developed for water-based inkjet printing, suitable for self-adhesive label applications including packaging.......
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Emami Paper Mills Holds off Work on INR 2000 Crore Gujarat Unit

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The company don’t see the present business environment is going to change in a short period of time and hence, it has been decided against investing in Gujarat Project until the market improves, banking sector getting better to offer finances. August 30, 2019 An economic slowdown and a tightening in......
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Paques Opens up North India Regional Operations

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Paques India continues to invest in their Indian operation by opening up their regional office in Noida (UP). August 28, 2019 With over 40 installations in agro-based industries (Sugar, paper, dairy, starch, food & beverages, bio energy, ethanol), Paques kicked off their Make in India campaign by starting up their......
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China-based Global Win Wickliffe to Invest USD 200 Million in US Paper Mill

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The mill has been officially renamed Phoenix Paper Wickliffe LLC. August 21, 2019 China’s Global Win Wickliffe has secured some USD 200 million from the Bank of China to invest in expanding its paper mill in Ballard County, in the US state of Kentucky, the Chinese investor acquired on behalf......
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Ministry of Finance Rejects Demand for Rollback of Customs Duty on Newsprint

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There was no import duty on newsprint so far. August 20, 2019 Rejecting demands for the rollback of import duty on the paper used for printing newspapers, Finance Minister Nirmala Sitharaman stated that the 10% customs duty on imported newsprint was imposed to promote domestic manufacturers and the importers will......
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Asia Pulp & Paper Withdraws India’s Biggest FDI From Andhra Pradesh

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Indonesia’s Asia Pulp & Paper (APP), which entered into an MoU last year for one of biggest FDI in country in Andhra Pradesh till date amounting to approx USD 3.5 Bn for greenfield pulp & paper plant in state’s Prakasam district is said to have withdrawn its plans due to......
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ANDRITZ Acquires Sweden-based KEMPULP

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The company designs and markets technologies used in chemical pulping, including pulp washing, oxygen delignification and bleaching technologies. August 19, 2019 ANDRITZ has acquired the Swedish company KEMPULP, a specialist provider of process technologies for the chemical pulping industry. The acquisition includes all of KEMPULP’s intellectual property rights, technical expertise,......
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Stora Enso Invests in Producing Bio-Based Carbon Materials for Energy Storage

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The construction of the pilot facility will begin before the end of 2019 and is estimated to be complete by early 2021. Decisions about commercialization will follow after evaluating the results of the pilot-scale production. August 3, 2019 Stora Enso is investing EUR 10 million to build a pilot facility......