Paper Industry News - Papermart
Papermart

Category : News

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 updates

UPM Inaugurates its New Deep Sea Pulp Terminal in the Port of Montevideo

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UPM’s new pulp terminal, located in the newly developed deep sea port in Montevideo, will have an annual operating capacity of over 2 million tonnes of pulp. October 7, 2022 UPM has officially inaugurated its new pulp terminal in the port of Montevideo, Uruguay, with an investment of about USD......
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Shanying Suzhou Paper Commissions Voith to Supply Two XcelLine Paper Machines

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With a design speed of 1,300 m/min and a wire width of 9,300 mm, the two PM 71 and PM 72 will produce corrugating medium with basis weights between 50 and 120 GSM. In addition, Shanying Suzhou Paper relies on a comprehensive automation package with MCS, DCS, and QCS. October......
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RBI Team Visits Baleswar District for Bank Note Paper Mill

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RBI officials visited Baleswar for the final call on the feasibility and viability of setting up the Bank Note Paper Mill in the region. October 6, 2022 RBI officials visited the Baleswar district in Odisha for the final decision regarding the manufacturing unit of Bank Note Paper Mill (BNPM) India......
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Sappi to Sell Three European Graphic Paper Mills

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The enterprise value of the sale amounts to approximately EUR 272 million. The proceeds will be used to reduce debt further and continue to increase Sappi’s focus on the identified growth segments. October 6, 2022 Sappi Ltd. has concluded an agreement with Aurelius Investment Lux One Sàrl regarding the divesture......
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West Coast Paper Reports Healthy Growth Outlook

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In Q1FY23, West Coast reported a rise in profit and income which is backed by good operational performance. Segment-wise, the packaging paper segment has performed exceptionally well. October 6, 2022 West Coast Paper Mills Ltd. has been exhibiting a strong and healthy growth outlook with strong earnings in the month......
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SCA Plants 100 Million Carbon Absorbing Trees Annually

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The seedlings developed by SCA can be planted on about 50,000 hectares annually, or an area the size of 100,000 football pitches. October 5, 2022 Sweden-based SCA is a responsible forest industry organisation which makes exponential efforts in sustainability – planting around 100 million seedlings at its own forest nursery.......
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ARAUCO Considering Investing USD 3 Billion in 2.5 Million Tonnes Hardwood Pulp Mill

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For this investment in the pulp mill, ARAUCO has announced the recent collaboration agreement with the State of Mato Grosso do Sul in Brazil. October 1, 2022 ARAUCO has announced the recent collaboration agreement with the State of Mato Grosso do Sul in Brazil. This marks the first step towards......
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Keryas Paper to Infuse an Investment of USD 40 million in Kraft Paper Plant in UAE

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Keryas Paper Industry has signed MoU with C2C Consultancy for the design and engineering services for the upcoming manufacturing project. September 29, 2022 Oman-based Keryas Paper Industry has announced its investment plans of establishing a 200,000 Metric Tonnes Per Annum (MTPA) kraft liner project in the UAE. The manufacturing plant......
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Metsä Fibre, Ahlstrom-Munksjö and 3M Collaboration for Responsible Wood Sourcing

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With the partnership, Metsä Fibre, Ahlstrom-Munksjö, and 3M seek to advance environmental performance and sustainability regarding responsible wood sourcing. Earthworm Foundation will conduct research on current forestry practices in the Kainuu region, Finland. September 29, 2022 Metsä Fibre, Ahlstrom-Munksjö, and 3M, with the help of the Earthworm Foundation, continue their......
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Stora Enso to Divest its Maxau mill site to Schwarz Produktion

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Following the divestment, Schwarz is planning to keep up the paper production at the Maxau mill site. For the time being, Stora Enso will manage the mill and serve its supercalendered paper (SC) customers until the closing of the deal. September 29, 2022 Stora Enso has inked a contract with......