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News updates

Koehler Paper Relies on Voith for Second Rebuild Stage of PM5 in Oberkirch, Germany

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With the installation of the NipcoFlex shoe press in the press section of the PM 5, the dry content after the press is significantly increased and large amounts of steam can be saved in the dryer section. August 10, 2021 After a successful first rebuild stage of PM 5 in......
News updates

JK Paper Eyes Growth as Demand for Packaging Boards and Specialty Papers Set to Increase

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The market for packaging boards is likely to grow 9-10 percent annually in India, compared with around 4 percent globally. August 11, 2021 Accelerated demand for packaging boards for online purchases and tissue papers on account of the COVID-19 pandemic, along with specialty papers, will drive growth going forward, said......
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Mondi Introduces a Range of Sustainable Corrugated Packaging Solutions

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The corrugated boxes in the eGrocery portfolio are completely recyclable and have been designed for a variety of delivery methods and styles. August 06, 2021 Mondi Group has introduced a range of corrugated packaging solutions for the online grocery market across Central Europe. Utilizing its experience in eCommerce packaging, the......
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Huhtamaki Introduces Push Tab Paper

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Push Tab paper tablet packaging has more than 75% paper-based material sourced from FSC certified suppliers in Europe. With advanced barrier coating technology, Huhtamaki has brought the sustainable paper packaging sealable without compromising on safety or functionality. August 06, 2021 Huhtamaki, a key global sustainable packaging specialist, has announced a......
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Mayr-Melnhof to Divest its Eerbeek and Baiersbronn Virgin Fiber Cartonboard Mills

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The divestment is in tandem with and is a major part of the company’s strategy to focus on new acquisitions and the growth CapEx. August 05, 2021 The Mayr-Melnhof Group and a subsidiary of funds managed by Oaktree Capital Management, L.P. have reached a firm intention on the sale of......
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Pratt Industries Announces USD 400 Million Investment in a New Recycled Paper Mill

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The construction work on the 450,000 sq ft mill would begin in March in the next year and the startup of the mill is scheduled in 2023. August 05, 2021 Pratt Industries announced it would invest USD 400 million in a new 100% recycled paper mill in Henderson, Kentucky. This......
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Pladis Boosts Sustainability through Sonoco’s Fully Recyclable Envirocan

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The leading global snack manufacturer is using Sonoco’s EnviroCan range with paperboard end for its Mini Cheddars, Cheeselets, Cracker Crisps, and Twiglets products. August 04, 2021 pladis, the global snack company of the UK’s most iconic and renowned snack brands, has been making efforts to substantially reduce its environmental impact......
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Mayr-Melnhof M Group Completes Acquisition of Kotkamills

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The acquisition will strengthen the position of MM Kotkamills in the virgin fiberboard segment. With this undertaking, the company has forayed into the growing cupstock market and saturating kraft paper in which Kotkamills is one of the global leaders. August 04, 2021 The Mayr-Melnhof Group (MM) has acquired Kotkamills Group......
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Papresa Implement Opt-Studio to Maximize Performance for Future Infrastructure Development Projects

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Greycon Ltd., experts in planning, scheduling, trimming and MES software, proposed their opt-Studio and X-Trim solutions to Papresa to help meet their goals. August 3, 2021 The Papresa Paper Mill in northern Spain produces newsprint paper and packaging paper from recycled paper. Mainly supplying newspaper publishers, together with other commercial......
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JK Paper Reports Multifold Jump in Net Profit to INR 104.22 Crore for Q1 FY2021-22

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Revenue from operations stood at INR 660.75 crore as against INR 469.24 crore in the year-ago period. July 31, 2021 JK Paper has reported a multifold jump in consolidated net profit to INR 104.22 crore for the first quarter ended June 30 on the back of higher sales and better......