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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SPMCIL Pays INR 215.48 Crore Dividend to the Government

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SPMCIL is engaged in production of currency and bank notes, security paper, non-judicial stamp papers, postal stamps, etc. The Miniratna company operates through four production verticals i.e. currency printing presses, security printing presses, security paper mill and India government mints. January 14, 2021 State-owned Security Printing and Minting Corporation of......
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Ben & Jerry’s Goes Paper-Based With Packaging for New On-Stick Ice Cream

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The brand-new on-stick version of its Cookie Dough comes packed in a recyclable, paper-based wrapper. January 11, 2021 Unilever’s Ben & Jerry’s subsidiary is set to package the brand-new on-stick version of its Cookie Dough product in a recyclable, paper-based wrapper. The ice cream producer has reimagined its best-selling cookie......
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Domtar Sells Personal Care Business in USD 920 Million Deal

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The sale of Domtar’s personal care business will allow the forestry company to refocus its efforts on strengthening its paper, pulp and packaging portfolio. January 8, 2021 Domtar has announced the sale of its personal care stream of business to American Industrial Partners (AIP) for USD 920 million. Sale reaffirms......
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Single-Use Paper Based Packaging Better for Environment Than Reusable Tableware

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The Ramboll Life Cycle Assessment (LCA) reportedly found that, assuming realistic usage over a year, the energy consumption involved in the use phase of reusable plastic and traditional crockery, during in-store or out-sourced washing and drying, outweighed the environmental impact of single-use paper dishes. January 12, 2021 A new study......
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Georgia-Pacific Announces Sale of Nonwovens Business to Glatfelter

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Georgia-Pacific sold Steinfurt GmbH, the company’s European nonwovens business, to Glatfelter for USD 185 million in 2018. January 6, 2021 Georgia-Pacific LLC announced that it has reached an agreement to sell their nonwovens business to Glatfelter, a leading global supplier of engineered materials, headquartered in Charlotte, North Carolina for USD......
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Demand Recovery is a Key to Reviving Growth: Mr. Harsh Pati Singhania

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“Government measures for supporting consumers have remained few. According to ILO estimates, the gap between the working hours lost and the equivalent fiscal stimulus required to compensate that in India is about 10% of GDP” – Mr. Harsh Pati Singhania January 14, 2021 According to an article published in Financial......
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International Paper to Spin-off Printing Papers Segment

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The spin-off is being planned to boost International Paper’s profitable growth in industrial packaging in North America and Europe, the Middle East and Africa. December 7, 2020 International Paper (IP) has announced its plans to spin-off its printing papers segment to focus more on its industrial packaging segment. A standalone......
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Ambani Paper Signs Contract With Parason Machinery for 500 TPD Pulp Mill

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Parason Machinery will be supplying a complete stock preparation line along with reject handling systems for Ambani Paper’s duplex board mill in Morbi. January 13, 2021 Ambani Paper and Parason Machinery have recently signed a contract for the supply of 500 TPD pulp mill for former’s duplex board mill coming......
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Cascades to Modify Paper Machine to Manufacture Recycled Liner From Newsprint

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The order is included in Valmet’s orders received of the fourth quarter 2020. The value of the order will not be disclosed. December 14, 2020 Valmet will supply an extensive paper machine grade conversion rebuild with a wide scope of automation and services for Cascades’ Bear Island mill in Virginia,......
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Fedrigoni Acquires Mexico-Based Industrial Papelera Venus

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Fedrigoni specialising in the production of special papers for packaging, graphics and self-adhesive labelling products further strengthens its in self-adhesive labels and increases its overseas presence. December 11, 2020 Fedrigoni S.p.A., a European leader in the production of special papers, high value-added products for packaging and graphics, and self-adhesive labels......