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International Paper Terminates Plan to Acquire Smurfit Kappa

adminJuly 25, 2018August 17, 2021

July 25, 2018August 17, 2021

According to Irish law the US company will be barred from making another attempt to buy Smurfit Kappa for 12 months. June 6, 2018 The US based International Paper (IP) confirmed that it will not make an offer for Irish Smurfit Kappa Group, given the lack of engagement by Smurfit......

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ITC to Help in Reviving BILT's AP Rayon Unit

adminJuly 25, 2018August 17, 2021

July 25, 2018August 17, 2021

The paper industry giant ITC has assured the Telangana Government that it will surely look into the possible chance for the revival of the ailing paper mill. ITC’s consideration to help in the revival of BILT’s AP Rayon unit located in Warangal (Jai Shankar Bhoopalapally district) came after the request......

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Camerich Papers Successfully Commissions PM-1

adminJuly 25, 2018August 17, 2021

July 25, 2018August 17, 2021

The paper mill commissioned the machine with a capacity of 400 TPD at its Matel unit in Morbi, Gujarat. June 30, 2018 Camerich’s duplex board project was commissioned in the last week of June. The installed capacity of the project would be to the tune of 400 TPD and the......

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

adminJuly 25, 2018August 17, 2021

July 25, 2018August 17, 2021

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......

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Plastic Ban in Maharashtra Likely to Boost the Paper Stocks

adminJuly 25, 2018August 17, 2021

July 25, 2018August 17, 2021

Jute, paper stocks rally up to 5%. The other states like U.P. are also going to ban the use of plastic soon. June 26, 2018 The state-wide ban by Maharashtra government on plastic products has come into effect. Shares of companies dealing in alternative to plastics were trading higher in......

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Smurfit Kappa expands Its Range of Bag-In-Box Solutions With Launch of Thermo Bag

adminJuly 25, 2018August 17, 2021

July 25, 2018August 17, 2021

Smurfit Kappa, leader in complete Bag-in-Box® packaging solutions, has expanded its range of packaging solutions for the fresh apple juice market. June 15, 2018 Smurfit Kappa Bag-in Box® developed the Thermo Bag to meet the specifications of hot filling which is a commonly used processing method in the drinks industry.......

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Valmet to Invest in a New Service Center in Chile

adminJuly 25, 2018August 17, 2021

July 25, 2018August 17, 2021

To further develop its local presence close to customers in South America, Valmet’s new Service Center will be located in Concepcion province and it will be in operation by mid-2019. June 4, 2018 The new Valmet service center will focus on the manufacturing of spare parts and the recovery of......

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BNPM Gets a Green Signal to Increase Bank Note Paper Production

adminJuly 25, 2018August 17, 2021

July 25, 2018August 17, 2021

The production is likely to increase from 12,000 TPA to 16,000 TPA. Also, the approval is subject to compliance of certain conditions including developing greenbelt in 33 percent of the project area. June 1, 2018 The government’s Bank Note Paper Mill India (BNPM) has received green signal to increase the......

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ANDRITZ Pulp Drying Plant Achieves New World Record at UPM's Kymi Mill, Finland

adminJuly 25, 2018August 17, 2021

July 25, 2018August 17, 2021

The plant installed at UPM’s Kymi mill in Kouvola, Finland, achieved a new record production capacity of 2,452 tonnes per day on May 31, 2018. July 6, 2018 In terms of specific drying capacity, this equals 389.2 tonnes per day and meter of working width on the 6.3 meter wide......

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Newsprint Demand in India to Reach 2.8 Million Tonnes in FY20

adminJuly 25, 2018August 17, 2021

July 25, 2018August 17, 2021

The growing newsprint demand will have a positive impact on the paper recycling market, which is also expected to grow significantly. July 6, 2018 With improvement in the literacy rates, rising circulation and an increase in number of newspapers and magazines, the newsprint demand in India is expected to reach......