The company with a market share of five per cent in India would focus on emerging as a preferred brand. June 22, 2016 The U.S.-based International Paper (IP), a player in the paper and pulp industry, will continue to evaluate investment opportunities and capacity expansion in India, Rampraveen Swaminathan, Chairman......
The company is forced to procure bamboo from as far as Assam which adds to transportation cost and is unviable. Apr 28, 2016 Nearly 64-year-old BILT Graphic Paper Product Ltd, popularly known as Ballarpur Paper Mill, is staring at closure following difficulty in procuring raw material which is bamboo. Ironically,......
The Environment Ministry in January had ordered closure of 150 industrial units after they failed to install 24X7 effluent monitoring systems; among the units closed include nine paper and pulp units. May 15, 2016 New norms for abatement of pollution and stringent action against the violators helped bring down wastes......
The mill started up in May and it is expected to reach full production within 18 to 24 months. With an investment of EUR 800 million, this is the largest Nordic direct investment in China, and a significant investment in the history of Stora Enso. June 16, 2016 The Beihai......
The venture will combine Omya’s MFC and the FiberLeanTM technology platforms developed by each company into one entity, henceforth to be known as FiberLean® MFC Technologies, which will commence operations as of 1st May, 2016. Omya and Imerys announced the formation of a 50:50 technology Joint Venture to promote the......
Papertech Inc. is the industry leading machine vision system supplier for various high speed continuous production lines. May 25, 2016 Papertech Inc. (Papertech) and IBS Paper Performance Group (IBS) announced that IBS has acquired all of Papertech in a cash/share transaction effective May 24, 2016. IBS has been growing rapidly......
The main goals of the modernization are to increase capacity by 30 percent and to improve quality. June 15, 2016 Grigeo Klaipėdos Kartonas AB, a company of the Grigeo Grigiškės group, has commissioned Voith to rebuild the board machine in Klaipeda, western Lithuania. Voith will rebuild the wire section and......
The transaction includes one mill located in Longview, Wash., with an annual capacity of 280,000 tonnes. June 15, 2016 Weyerhaeuser Company announced an agreement to sell its liquid packaging board business to Nippon Paper Industries Co., Ltd. for USD 285 million in cash. Weyerhaeuser expects to use a substantial portion......
The development project will combine and adapt Valmet’s LignoBoost and Biochemtex’s Moghi technologies. May 3, 2016 Valmet and Biochemtex will start to cooperate in the field of conversion of lignin into biochemicals. The development project will combine and adapt LignoBoost and Moghi technologies. LignoBoost is Valmet’s proprietary technology for the......