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

Centre Proposes Revamping Nagaon Paper Mill and Reviving Cachar Paper Mill

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A budget of Rs. 800 crore has been prepared for the proposal for reviving Cachar Paper Mill and revamping Nagaon Paper Mill September 22, 2016 A per the official statement by the state government, the secretary of the heavy industries and public enterprise ministry informed Assam chief minister Sarbananda Sonowal......
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Verso Corporation Plans to Temporarily Idle Paper Machine at Androscoggin Mill

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Temporarily idle paper machine No. 3 will result in reduction of annual coated paper production capacity by approximately 200,000 tonne. November 1, 2016 Verso Corporation intends to implement capacity reduction beginning in the first quarter of 2017. So the company has planned to temporarily idle paper machine No. 3 at......
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New Paper Mills Give Boom to Domestic Paper Production in Bangladesh

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Around 18 to 20 new paper manufacturing units commenced production in last five years which has helped mitigate the country’s import dependence, strengthening the sector. October 24, 2016 Substantial increase in domestic production of paper due to setting up of new factories has resulted in gradual decline in import dependence.......
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Mondi Group to Acquire LLC Beepack

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Mondi Group has signed an agreement to acquire outstanding share capital of Russian Corrugated Packaging Producer LLC Beepack for a consideration of RUB 2,825 million (EUR 41 million). October 10, 2016 An international paper and packaging group, has signed an agreement to acquire 100 percent shares of LLC Beepack from......
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Central Team Visits Proposed Site for Currency Notes' Paper Mill in Nashik

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A Central government team will submit its report on recent visit to the site to Union Finance Ministry, under which city-based India Security Press (ISP) and Currency Note Press (CNP) function. October 19, 2016 For a proposed paper mill project required for printing currency notes, the team of General Manager......
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The European Paper and Board Industry Welcomes New Measures on Food Packaging

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Christel Schaldemose, the rapporteur and member of the European Parliament, proposed an implementation of the framework regulation on food contact materials, specifically for paper and board packaging. October 7, 2016 The European paper and board industry has welcomed the recent implementation of the framework regulation on food contact materials as......
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Solenis Acquires Nopco Paper Technologies

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Nopco provides differentiated defoamer and deinking technologies to customers including the most advanced solutions available in the market. October 13, 2016 Solenis LLC acquired 100 percent of the shares of Nopco Holding AS and related subsidiaries, a producer and supplier of advanced chemical solutions for the pulp and paper industry.......
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One Rock Acquires Weyerhaeuser's Norpac Paper Mill

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Weyerhaeuser’s nearly 90-year papermaking presence in Longview comes to an end as it sells Norpac Paper Mill to One Rock Capital Partners, LLC. October 7, 2016 Established in 1976 in Longview, Norpac has weathered the declining newsprint market as newspapers closed and downsized. Part of a joint venture between Weyerhaeuser......