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

First Time in India – Biodegradable paper and paperboard laminates

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2 August, 2011 ITC PSPD (Paperboard and Specialty Papers division) has developed a new series of paper and paperboard laminates with applications in Flexible Packaging, Folding Cartons and Disposables. The new series of products has been launched as ‘Omegawrap ‘for flexible packaging, ‘Omegabarr’ for folding Cartons and ‘Omegabev’ for disposables.......
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Stora Enso concludes acquisition of Inpac International in China and India

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29 July, 2011 Stora Enso has completed the acquisition of 51% of the Chinese packaging company Inpac International as announced on 27 October 2010. The enterprise value of the company is EUR 80 million. Stora Enso will also purchase the production plant site and buildings at Qian’an in northern China......
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Venkraft Paper Mills Starts 200 TPD Packaging Board Plant

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1 September, 2011 Venkraft Paper Mills Pvt Ltd has started up its 200 TPD packaging board plant in April, 2011 located in Hosur, Tamilnadu. The 3250 mm wide machine with a production speed of 300 mpm will produce Duplex Board in grey back, kraft back and white back, White Kraft......
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ABB to buy Lorentzen & Wettre to strengthen pulp and paper business

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5 July, 2011 ABB, the leading power and automation technology group, has agreed to acquire Lorentzen & Wettre from ASSA ABLOY AB (publ) for a price of about $119 million, to strengthen its business in the pulp and paper area. Based in the Kista district of Stockholm, Sweden, Lorentzen &......
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Metso sharpens its business portfolio: targeting continued profitable growth and stronger global market position

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2 September, 2011 Metso Corporation’s Board of Directors has decided to modify the company’s business structure in order to more effectively reach the company’s future business targets. According to the decision, Metso’s Power business, which is presently part of Energy and Environ-mental Technology segment, will be integrated with Paper and......
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Stora Enso orders 455,000 TPA testliner machine

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16 July, 2011 In June 2011, Voith Paper received from Stora Enso the order for the supply of a new paper machine for the production of testliner. The location of the production line will be Ostroleka, approx. 120 km to the north of Warsaw, Poland. With its new PM 5......
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Tetra Pak achieves milestone towards goal of 100% renewable packaging

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30 July, 2011 Tetra Pak achieves a significant milestone towards its goal of producing 100% renewable packaging with Nestle Brazil’s launch of two popular milks brands in carton packaging featuring caps made with green polyethylene (PE). The first ever use of plant-based polyethylene in carton packaging further strengthens Tetra Pak’s......
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BASF announces completion of acquisition of inge watertechnologies AG

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18 August, 2011 The acquisition of Germany based ultrafiltration specialist inge watertechnologies AG by BASF SE is closed successfully. The anti-trust authorities approved the transaction unconditionally. Through this acquisition, BASF gains access to the market of ultrafiltration technology, a process used in the treatment of drinking water, process water, wastewater......