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

Kotkamills' Flying Eagle Successfully Started Up in July

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Bellmer Vaahto has been the main supplier of the 5, 4m wide magazine paper machine conversion into board production at Kotkamills in Finland. BM2, the Flying Eagle machine, was started up in July according to the plan. The machine produces high quality consumer boards for demanding global customers. A range......
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Crane Currency to Build Banknote Printing Facility in Malta

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The planned 140,000 square foot facility, expected to be completed in early 2018, is being constructed in the Hal Far industrial area. September 22, 2016 Crane Currency announced plans to build a new banknote printing facility and customer experience center in the country of Malta. The Malta facility will represent......
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Valmet to Supply Its First Waste to Energy Boiler Plant to China

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The contract is about delivery of a SRF (solid recovered fuel) -fired boiler plant to Zibo Green Energy’s power plant in the city of Zibo. September 19, 2016 Valmet and Zibo Green Energy New Energy Co., Ltd. have signed a contract regarding a delivery of a SRF (solid recovered fuel)......
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Story of the Man Behind Bollant Industries

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Srikanth Bolla is busy planning Rs. 1,000 crore IPO by 2018. Along with this, he is presently setting up a fully automated manufacturing facility at Sri City, Andhra Pradesh. Eye-sight is no condition for the tremendous insight this man has got. Born visually impaired in a family of farmers in......
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European Paper Industry Exhibits Overall Positive Performance with Continued Structural Change: CEPI

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CEPI members produced 90.9 million tonnes of paper and board in 2015; Graphic grades (newsprint, writing and printing paper) represented 38.8% of all paper and board produced in Europe in 2015, packaging grades 49.0%, sanitary and household papers 7.9% and speciality grades 4.3%. July 4, 2016 In 2015, the European......
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JK Paper Ltd. Comes up with an NBO to Acquire BILT's Units

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To expand its horizons, JK Paper Ltd. has proposed to acquire two units of BILT Graphic Paper Products Ltd. situated in Maharashtra. July 11, 2016 After the decision taken by committee of directors, JK Paper Ltd. has made a non-binding offer (NBO) to acquire BGPPL’s units at Ballarpur and Asthi......
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Government Confirms Leasing Out the Mysore Paper Mills to Private Players

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Running under heavy losses, Mysore Paper Mill comes to a standstill as the government decides to privatize this public sector unit, leaving the workers in state of shock and grief. July 20, 2016 The state government shattered last hope of employees of Mysore Paper Mills when it unveiled its decision......
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The Govt. Proposes Currency Paper Manufacturing Unit in Nashik

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Attracting an investment of around Rs.700 crore, Nashik will soon get two new bank note paper manufacturing units. To save the project cost by reducing the land cost to zero, the project will be built in the same area as that of ISP and CNP which has around 250 acres......
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Vital Paper Forays into Packaging Solutions with New Packaging Division in Sri City

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With offices in over 10 countries and in-depth knowledge of the paper industry, Vital Paper has laid the foundation stone for packaging unit in Sri City. July 10, 2016 Incepted in December 1999, Vital Paper Products Pvt. Ltd. Singapore-based company has recently laid the foundation stone for a packaging division......
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Closure of Cachar Paper Mill

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This paper mill has been shutting down every now and then for last few years due to shortage of raw material thereby incurring huge losses. July 19, 2016 Cachar Paper Mill (CPM), a unit of Hindustan Paper Corporation (HPC) is facing financial crisis on account of non-availability of coal owing......