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

M-real Seeks to Divest 500,000 Tons of Papermaking Capacity

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M-real Corporation, part of Metsäliitto Group, plans to divest the entire Gohrsmühle mill in Germany or alternatively parts of the mill separately based on a Paper Park concept. In case the divestment would turn out to be unsuccessful M-real commences a process to discontinue the uncoated fine and the unprofitable parts of the speciality paper operations at Gohrsmühle mill. Should...
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RockTenn to Close Three Corrugated Container Plants

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RockTenn announced that it will close three former Smurfit-Stone corrugated container plants in the fourth quarter of fiscal year 2011. The plants are located in Birmingham, Alabama; Jonesboro, Arkansas; and Santa Fe Springs, California. Existing business will be transitioned to nearby RockTenn facilities, the company said....
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Greenpac Mill in the United States to install containerboard line from Metso

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Metso will supply a containerboard production line to Greenpac Mill LLC to their new mill site in Niagara Falls, NY, in the United States. The start-up of the production line is scheduled for the second quarter of 2013. The value of the order is approximately EUR 65 million. Metso's delivery will include a complete linerboard machine from headbox to roll...
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Bilt to pursue USD 330-mn LSE listing next financial year

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BILT will pursue its USD 330-million IPO plans at the London Stock Exchange (LSE) in the next financial year, after completing its ongoing expansion projects. The company had put on hold IPO plans of its UK subsidiary in April when International Paper announced acquisition of Andhra Pradesh Paper Mills at USD 423 million. “The current market condition is not conducive...