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

European Commission Opens Investigation Into Mondi's Acquisition of Wlaki's Plants

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Commission has concerns that remaining competitors would have considerably lower production capacity than the merged entity September 02, 2015 The European Commission has opened an in-depth investigation to assess whether the proposed acquisition by Mondi of two industrial packaging plants currently owned by Walki is in line with the EU......
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Stora Enso to Divest Its Packaging Plant in Hungary

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The divestment is expected to reduce Stora Enso’s annual sales by EUR 14 million August 31, 2015 Stora Enso has signed an agreement to divest its offset printed micro-flute packaging plant in Komárom, Hungary to Van Genechten Packaging International S.A., a leading Belgian packaging company. The initial cash consideration for......
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Catalyst to Indefinitely Curtail R12 Paper Machine at Rumford Mill

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The decision is due to decline in demand for coated paper September 1, 2015 Catalyst Paper announced its decision to indefinitely curtail the Rumford mill’s No. 12 paper machine, which was temporarily curtailed on May 20, 2015. This decision is fully market-related. North American paper markets continue to be challenging......
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JP Acquires Remaining Share of Gould Paper Corporation

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The acquisition makes Gould a wholly owned subsidiary within the JP Group July 01, 2015 Japan Pulp and Paper Company Limited (JP) announces the acquisition of the remaining 49 percent of the outstanding shares of Gould Paper Corporation (Gould). The acquisition was effected through JP’s consolidated USA subsidiary, Japan Pulp......
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Fibria Hires Andritz for Horizonte 2 Pulp Expansion Project

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The project will expand production capacity at its Tres Lagoas Unit July 31, 2015 Fibria, a Brazilian forestry company and the world’s leading eucalyptus pulp producer, announces the contracting of important service and equipment packages for the Horizonte 2 Project, which will expand production capacity at its Tres Lagoas Unit......
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Kemira Acquires Soto Industries

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The transaction does not have material impact on Kemira’s financial figures September 2, 2015 Kemira has acquired certain assets of Soto Industries, LLC, a privately owned company, headquartered in Charlotte, North Carolina. Soto specializes in the application of scale control products, defoamers, and settling agents for the pulp and paper......
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Sappi Announces Sale of Enstra Mill Recycled Packaging Paper Business

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The mill will continue to manufacture recycled and lightweight packaging paper July 2, 2015 Sappi reached an agreement to sell its Enstra Mill recycled containerboard and kraft papers business situated in Springs near Johannesburg to Corruseal Group. Sappi opened negotiations with Corruseal when it was jointly decided that there was......
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A.Celli Paper Shows Satisfaction Over the Rebuild of a Rewinder at United Paper Industries Co.

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The project got underway at the beginning of 2015 August 1, 2015 Great results were witnessed for the rebuild of a rewinder completed by A.Celli Paper at the UPI facilities in Kuwait. Initially, the project entailed replacing the old slitting unit and updating the tension control system. In a subsequent......