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.

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Andhra Paper Reports Net Sales at INR 346.48 Crore, up by 39.23 percent in Q3 FY22

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The net sales turnover of Andhra Paper rose by 39.23 percent, that is, to INR 346.48 crore in Q3 FY22 as compared to INR 248.86 crore during Q3 FY21. February 18, 2022 Andhra Paper Ltd. has shared its quarterly financial results for the Q3 of FY22 that ended December 31,......
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Ruchira Papers total income up 26.90 percent to INR 148.64 crore in Q3

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The consolidated net profit of Ruchira Papers was reported to be INR 5.86 crore in Q3 FY22 whereas it was INR 0.40 crore during Q3 FY21. February 22, 2022 Ruchira Papers Ltd. has shared its consolidated financial performance for the period ended December 31, 2021, i.e. Q3 of FY22. Watch:......
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Strong Performance by ITC PSPD in Q3, Revenue Up by 38.51 percent

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There has been a robust growth in volume and realisations. The production volumes at ITC PSPD were at a record high along with the revival of demand across most end-user segments and higher exports. February 22, 2022 The revenue of ITC Paperboards & Specialty Papers Division (ITC PSPD) stood at......
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N R Agarwal Industries Report Sales of INR 395.31 Crore in Q3 FY22

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The revenue from operations of N R Agarwal Industries Ltd. stood at INR 395.31 crore in Q3 FY22 as against INR 328.03 crore in Q3 of FY21. February 18, 2022 N R Agarwal Industries Ltd. (NRAIL) has shared its standalone financial results for the period ended December 31, 2021. The......
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Stora Enso Expands its Formed Fiber Production Capacity in Europe

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Post-investment, the annual formed fiber capacity of the Hylte site in Sweden will be around 115 million units, making Stora Enso one of the leading suppliers of formed fiber in Europe. February 22, 2022 Stora Enso will invest EUR 8 million (~USD 9.07 million) to double its production capacity of......
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Mayr-Melnhof Holz acquires Bergkvist Siljan

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After the acquisition, Mayr-Melnhof Holz will grow its lumber production capacity by about 50 percent to more than 2.7 million m3 of sawn timber annually. February 22, 2022 Austria-headquartered Mayr-Melnhof Holz has got the necessary approval from the competition authorities regarding the acquisition of the Swedish sawmill Group Bergkvist Siljan. The......
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WWF India Case Study on Flipkart – Shrinking the Plastic World by Adopting Sustainable Practices

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WWF India case study on the Flipkart group showcases the larger collaboration by ecosystem partners is crucial to building a circular economy. Flipkart Group companies, including Flipkart and Myntra, have eliminated 100 percent single-use plastic packaging in their supply chain. February 21, 2022 Greater participation by private stakeholders and other......
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Schumacher Packaging buys major stake in Kartonfabrik Kaierde

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The acquisition of Kaierde is a part of Schumacher Packaging EUR 700 million investment program through 2025. The investment is planned for the development of the company’s plants as well as futuristic technologies. February 18, 2022 Germany-based Schumacher Packaging Group has bought a majority stake in Kartonfabrik Kaierde, a board......
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WestRock plans to develop a new Corrugated Box Production Facility in Washington

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The upcoming state-of-the-art manufacturing facility will serve all industry segments in the Pacific Northwest market. The new corrugated plant of WestRock will be co-positioned with the Longview paper mill. February 18, 2022 US-based paper packaging company WestRock will build a new corrugated box plant in Longview, Washington. The sustainable packaging......
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Yash Compostables, part of Yash Pakka group appoints Satish Chamyvelumani as the CEO

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With over two decades of comprehensive experience, Satish will play a pivotal role in driving business growth globally as Yash Pakka expands its production facilities across the international compostable food serviceware market. February 18, 2022 Yash Compostables, part of Yash Pakka group, a pioneer in the sustainable serviceware space, has......