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

China is eager to use Finnish know-how to upgrade its paper plants

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April 16, 2012 China is renewing its pulp and paper manufacturing and will increase production by 30% over the next five years. Finpro is cooperating with the Federation of Finnish Technology Industries on a project to bring Finnish pulp and paper expertise together and take it to the Chinese market.......
News

SCA's disposal of packaging operations approved by EU

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May 25, 2012 The European Commission has approved DS Smith’s acquisition of SCA’s packaging operations, excluding the two kraftliner mills in Sweden. The purchase price amounts to EUR 1.7bn on a debt free basis. The operations have approximately 12,000 employees. Jan Johansson, President and CEO of SCA, comments: “The most......
News

ITC PSPD organizes Grand Suppliers

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ITC PSPD is the largest buying outfit among ITC’s various divisions, with over Rs. 1600 crores per annum of buying inputs and services. PSPD deals with best of the manufacturers globally and have over 5000 vendors supplying pulp, chemicals, process consumables, machine clothing, waste paper, engineering spares & equipment, general......
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Stora Enso to build world-class EUR 1.6 billion consumer board and pulp mill in China

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Stora Enso plans to build plantation-based integrated board and pulp mills at Beihai city in Guangxi, southern China. The mill site will initially include a 450,000 tons per year paperboard machine and pulp capacity of 900,000 tonnes per year, including necessary energy plant and auxiliary facilities. In a unique set-up,......
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International Paper Completes Acquisition of Temple-Inland

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International Paper Company announced that it has completed its acquisition of Temple-Inland Inc. through the merger of its wholly owned subsidiary Metal Acquisition Inc. with and into Temple-Inland. Temple-Inland is now a wholly owned subsidiary of International Paper. Including the assumption of approximately $700 million in Temple-Inland net debt, the......