Paper Industry News - Papermart

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Category : News

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

BillerudKorsnäs Opens a New MG Paper Machines at Skärblacka Production Unit

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The investment of around USD 145 million has been made partly in an upgraded existing paper machine and partly in a new machine for machine glazed kraft paper (MG paper). September 6, 2018 BillerudKorsnäs, a leading manufacturer of packaging paper, has opened one of Europe’s largest and most efficient MG......
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The Middle East Paper Company Signs Agreement with Industry Federation

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The Middle East Paper Company (MEPCO) has signed a MoU with the Arab Federation for Paper, Printing and Packaging Industries to move the latter’s Gulf regional headquarters to Jeddah, Saudi Arabia. September 10, 2018 MEPCO, a leading regional paper manufacturer, has signed a Memorandum of Understanding (MoU) with the Arab......
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Valmet to Supply Paper Machine Grade Conversion Rebuild for Burgo Group in Italy

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The project is following Burgo Group’s plan to keep the focus on containerboard grades and to continue its diversification strategy, ranging from publishing to packaging, from printing paper to paper for corrugators. August 27, 2018 Valmet will supply an extensive paper machine grade conversion rebuild and a wide scope of......
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Bob McDonald is the New Vice President of Manufacturing, Monadnock Paper Mills

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Bob assumed the role upon the retirement of Mark Lombardi who demonstrated tremendous leadership during his 10 years at Monadnock. September 10, 2018 Monadnock Paper Mills, Inc. is pleased to announce that Robert (Bob) McDonald has been appointed Vice President of Manufacturing. Bob assumed the role upon the retirement of......
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Ahlstrom-Munksjö to Expand Coating Capabilities at Jacarei Mill in Brazil

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With an investment of EUR 21 Million, the capability expansion project is to be completed in the third quarter of 2019. August 30, 2018 Ahlstrom-Munksjö will invest EUR 21 million in its Coated Specialties business to improve capabilities and flexibility at its Jacarei plant in Brazil and better serve customers......
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Glatfelter to Divest Specialty Papers Business to Lindsay Goldberg for USD 360 Million

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The sale price includes approximately USD 320 million of cash proceeds and the assumption by the Purchaser of approximately USD 40 million of retiree healthcare liabilities. August 22, 2018 Glatfelter on August 21 announced it has entered into a definitive agreement to sell its Specialty Papers Business Unit (“SPBU”) on......
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Stora Enso Implements Augmented Reality and 5G Technology for Mill Maintenance

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Through the new technology, all necessary information is easily and visually at the disposal of experts in real-time, regardless of physical location. September 12, 2018 Stora Enso has been developing augmented reality (AR) and 5G technology solutions together with Telia. The utilization of augmented reality was first tested at Stora......
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Graphic Packaging to Buy Letica Foodservice Assets for USD 95 Million

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The transaction is expected to close in the third quarter of 2018. August 28, 2018 Graphic Packaging Holding Company announced that its subsidiary, Graphic Packaging International, LLC, has reached an agreement to acquire substantially all the assets of the foodservice business of Letica Corporation, a subsidiary of RPC Group PLC......