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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.

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......
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ITC Bhadrachalam Mill to Get Valmet’s Board Machine Rebuild

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Earlier, Valmet has also delivered a new recovery boiler and ash leaching plant to ITC’s Bhadrachalam pulp mill in India. June 27, 2019 Valmet will supply a board machine rebuild for ITC Limited at its Bhadrachalam Mill in India. The rebuild of board machine PM 7, currently producing folding boxboard,......
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Lenzing Group to Invest EUR 100 Million to Combat Carbon Footprint

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As part of its climate strategy, the Austrian fiber producer has set itself the ambitious goal of net-zero carbon emissions drastically over the coming years. June 24, 2019 The Lenzing Group, the Austrian-based fiber producer will invest EUR 100 million in energy efficiency measures and increase the share of renewable energy......
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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,......
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International Paper to Sell Stake in IP APPM to West Coast Paper Mills

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International Paper Co., the world’s biggest producer of pulp and paper, is selling a majority stake in its Indian unit– International Paper APPM Ltd, to West Coast Paper Mills for at least Rs 557 crore (USD 80 million), bidding adieu to the country eight years after becoming the only top-league......
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Bashundhara Wants to Keep Footprint Across World

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Bashundhara Group Chairman Ahmed Akbar Sobhan has stated that the company wants to keep their footprint in all countries across the world through exporting their papers. “Bashundhara Group will keep their footprint in all countries through exporting its papers,” he said while addressing the Bashundhara Paper Annual Dealers Conference 2019......
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ANDRITZ to Supply Major Pulp Production Technologies for Klabin’s Pulp Mill in Brazil

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The order value for ANDRITZ is in the range of approx. EUR 190 million. Start-up has been scheduled in the second quarter of 2021. May 17, 2019 International technology group ANDRITZ has received an order from Klabin to supply energy-efficient and environmentally friendly pulp production technologies and key process equipment......