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News updates

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......
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Naini Papers Orders a New Headbox from Valmet

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The delivery is scheduled to take place in December 2022, and the start-up in the first quarter of 2023. February 17, 2022 Valmet will supply a new headbox to Naini Paper Limited’s Kashipur mill in India. The investment is targeted to strengthen Naini Paper’s capability in delivering a high-quality paper......
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Paper Industry Welcomes the Government’s Policies for Agroforestry

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The policies for the promotion of agroforestry by the Government of India can provide a fillip to the paper industry with regard to raw material security, besides also increasing the green cover of the country. February 16, 2022 In her Union Budget 2022-23 Speech, Minister of Finance & Corporate Affairs......
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BASF Develops Label Adhesives to Help Ease Recyclability of Paperboard Packaging

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The new adhesives combine advanced properties and the labels can be easily removed from the recovered paper stream during recycling. February 16, 2022 BASF has achieved a breakthrough in the development of adhesives that do not interfere with the recycling of transport boxes, such as paperboard and cardboard boxes with......
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ICT orders two Heat Recovery Chains for Tissue Production from ANDRITZ

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ICT and ANDRITZ had partnered for the first time in 2001 for the PM 11 tissue production line at ICT Poland and since then they have joined hands for a number of projects across Europe. February 14, 2022 ICT Poland has placed an order for two heat recovery chains from......