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

UPM finalises the sale of its closed Albbruck paper mill

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August 14, 2012 UPM has completed the sale of its closed Papierfabrik Albbruck GmbH to the German Karl Group. UPM permanently ceased graphic paper production at the mill situated in Baden-Württemberg, Germany in January 2012. The Karl Group, experienced in developing industrial sites, is planning to establish new businesses on......
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Aditya Birla Group to buy Terrace Bay Pulp Mill

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July 5, 2012 Aditya Birla group said it is acquiring Terrace Bay Pulp Inc, a North American paper grade pulp company, for USD 110 million (over Rs 600 crore) and would make a further investment of over USD 250 million (about Rs 1,400 crore) on this company in a phased......
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Taiwanese co plans for containerboard expansion in China

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June 23, 2012 Long Chen Paper Co. (LCPC), one of Taiwan’s top makers of packaging paper, is rapidly increasing its share of China’s containerboard market to take advantage of national construction policy there, and has mapped out a five-year project to expand its plants in Pinghu (Zhejiang Province) and Wuxi......
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International Paper announces two agreements to sell three U.S. containerboard mills

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June 2, 2012 International Paper announced that it has reached two agreements to sell three U.S containerboard mills in order to satisfy the company’s obligations in its February 2012 settlement agreement with the U.S. Department of Justice. Under the terms of the DOJ settlement agreement, entered into in connection with......