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Emami Paper to Exit Newsprint Business; Plans to Invest INR 650 Cr on Capacity Expansion

adminOctober 9, 2017August 19, 2021

October 9, 2017August 19, 2021

With a huge investment, the mill intends to double the production of its multi-layer coated board plant in Odisha to almost 3 lakh tonnes. August 14, 2017 Emami Paper Mills Ltd. is soon going to exit its newsprint business due to low profit margins and plans capacity expansion of packaging......

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Century Textiles Mulls Over Selling Its Paper Business

adminOctober 9, 2017August 19, 2021

October 9, 2017August 19, 2021

Century Textiles is in advanced talks to sell its paper business to JK Paper in a deal valuing the division at Rs. 5,000 crore by enterprise value. August 1, 2017 As per various media reports and industry sources, Century Textiles and Industries Ltd (CTIL), a part of the B.K. Birla......

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Paper Industry Faces Stagnancy in Capex due to Cheaper Imports

adminOctober 9, 2017August 19, 2021

October 9, 2017August 19, 2021

Owing to this challenge of cheaper imports from ASEAN nations, the paper industry has not been able to expand for the last 12 months. August 19, 2017 The paper mills in the country are finding it difficult to tap the growth potential, which is in tune with the GDP growth,......

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JK Paper to Keep its Focus on Value Added Products

adminOctober 9, 2017August 19, 2021

October 9, 2017August 19, 2021

In an interview with a TV Channel, A. S. Mehta, President, JK Paper said that India is going to be the fastest growing paper market with a growth around 6 percent to 7 percent. August 1, 2017 Q1 of FY 18 has been quite prolific for JK Paper, when it......

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ABB Opens New Collaborative Operations Center for Pulp & Paper in the US

adminOctober 9, 2017August 19, 2021

October 9, 2017August 19, 2021

The ABB Ability Collaborative Operations Center in Westerville, Ohio—the first of three opening worldwide this year—will provide remote connectivity, advanced analytics and more to the industry. August 21, 2017 The new center will function as the central focal point for resources and for systems that are equipped with ABB technology.......

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The Govt. Assures to Review Paper Industry's Concerns on Import Duty

adminOctober 9, 2017August 19, 2021

October 9, 2017August 19, 2021

Nirmala Sitharaman, Union Minister of State for Commerce and Industry, has assured the industry that the Centre will take an objective look at paper industry’s demand for safeguard duty on imports. August 22, 2017 Union Minister Nirmala Sitharam at the inauguration of the 56th AGM of Federation of Paper Traders......

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Cascades to Set Up New Corrugated Packaging Plant in New Jersey

adminOctober 9, 2017August 19, 2021

October 9, 2017August 19, 2021

The company has announced an investment of USD 80 million for the construction of a new 400,000 sq. ft. containerboard packaging plant in Piscataway, New Jersey. August 22, 2017 Cascades Inc. is going to build a new plant in Piscataway (New Jersey), which will manufacture corrugated packaging products and create......

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Bohui Paper to Get a New Board Machine From Voith

adminOctober 9, 2017August 19, 2021

October 9, 2017August 19, 2021

The BM 4 will be built at Dafeng in the Chinese province Jiangsu and following completion will be one of the largest board machines in the world. August 17, 2017 In February 2017 Bohui Paper Group contracted Voith to supply a new board machine. Voith will supply the complete XcelLine......

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Brazilian Exports From the Forest Sector Surpass USD 4 Billion in the first half of 2017

adminOctober 9, 2017August 19, 2021

October 9, 2017August 19, 2021

More than 42 percent of the pulp Brazil exported went to China in the first half of 2017, representing revenues of USD 1.3 billion; this is an increase of 25.5 percent over the same period in 2016. August 3, 2017 From January to June of 2017, pulp exports rose 6.8......

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Pulp Wood Shortage Impedes Paper Sector Capacity Expansion

adminOctober 9, 2017August 19, 2021

October 9, 2017August 19, 2021

Tissue paper demand is estimated at a little over 100,000 tonnes a year, growing at nearly 17 per cent, while packaging board demand is estimated at 7.5 mt and growing at 9.4 per cent. August 15, 2017 The paper industry is ready for the next round of capacity expansion but......