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News updates

CHUK Introduces Bagasse-based Packaging for Food Delivery

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With an aim to sell 8-10 million units per month, CHUK envisions revenue growth to the tune of 60 percent month-on-month with 50 percent overall revenue growth from delivery and dine-in domains. In the upcoming financial year, CHUK intends to unlock a 3-4-fold increase in revenues. December 9, 2021 India’s......
News updates

Kemira will supply for Cascades’ New Recycled Board Mill in North America

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The global chemicals company will furnish the majority of the process and functional chemicals and chemistry application expertise for the end-to-end board manufacturing process at the Bear Island mill. The mill conversion is expected to be completed by the end of 2022 and it will have the production capacity of......
News updates

Sulzer Brings Large Medium-Consistency Pump for Pulp and Paper Industry

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The MCE centrifugal pumps are suitable for a range of applications and it covers all medium-consistency applications for pulp, paper and board as well as related biomass and biofuel applications. December 08, 2021 Sulzer has introduced an enormous medium-consistency pump, the MCE93-400 – in line with customers’ demands for bigger......
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Stora Enso signs a EUR 700 Million Revolving Credit Facility Linked to Sustainability Targets

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For the agreement, Crédit Agricole Corporate and Investment Bank, Nordea, and OP Corporate Bank acted as Coordinators, Bookrunners, and Mandated Lead Arrangers for the facility. December 7, 2021 Stora Enso has signed a new USD 788.45 million (EUR 700 million) revolving credit facility (RCF) contract with a syndicate of 12......
News updates

Liansheng Pulp and Paper Orders Two Tissue Lines and Stock Preparation Systems from ANDRITZ

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Austria-headquartered ANDRITZ will provide two tissue machines equipped with a large suction press and a PrimeDry Steel Yankee, along with a stock preparation equipment, to its mill in Zhangzhou, Fujian Province, China. December 06, 2021 Zhangzhou, Fujian-based mill Liansheng Paper Industry Co. Ltd, has ordered two CrescentFormer tissue machines of......
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ITC Strengthens its Position in Speciality Papers and Paperboards

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The company draws strategy to focus on value-added, high-margin offerings. December 4, 2021 ITC Ltd. is looking to up its play in the value-added paperboards and speciality papers vertical as it ramps up on exports to existing countries like the Middle East, EU, UK, South East Asia, Australia and New......
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DGTR Proposes Continuation of Existing Anti-dumping Duty on Uncoated Copier Paper for Next Two Years

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In the Sunset Review anti-dumping investigation concerning imports of “Uncoated Copier Paper” originating in or exported from Indonesia and Singapore, the Directorate General of Trade Remedies (DGTR), in its Final Findings dated November 26, 2021 has recommended continuation of existing definitive anti-dumping duty for further period of two years. November......
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ANDRITZ Starts up New HERB Recovery Boiler at KR Pulp & Papers Limited

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This was the first HERB recovery boiler sold in India with ANDRITZ’s proprietary, innovative and advantageous technology and the third of six HERB recovery boilers from ANDRITZ currently being installed in the country. December 1, 2021 ANDRITZ has successfully started up a new 700 t/d HERB recovery boiler at KR......
News updates

Parksons Packaging Acquires Manohar Packaging

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The acquisition is intended to strengthen Parksons’ presence in the food and beverage segment in North and West India. November 29, 2021 Parksons Packaging has announced that it has acquired a 100 percent stake in folding carton manufacturer Manohar Packaging for an undisclosed amount. Manohar Packaging has a strong presence......
News updates

Paper Industry Urges Government to Allow Pulpwood Plantation in Degraded Land

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With the objective to enable the paper industry on a path to be self-reliant and resolve the raw material availability issues, IPMA insists the government for allowing pulpwood plantation in degraded land and available land near mills. November 29, 2021 The Indian paper industry, which has been going through inadequate......