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News updates

ANDRITZ Oy and LUT University Initiate a Fiber Research Laboratory in Lahti, Finland

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The new research laboratory, which is a result of collaboration with LUT University, will bring added value to ANDRITZ’s research & innovation and the development of sustainable products and technologies. November 2, 2022 ANDRITZ Oy and LUT University have initiated an extensive collaboration in the field of research in fiber......
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Fedrigoni Takes Over Guarro Casas, Boosting its Speciality Papers Business

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Fedrigoni’s acquisition of Guarro Casas is significant as it will strengthen its speciality papers business due to the specialisation of the latter in the production of fine papers for creative & binding purposes and high-added value finishing for luxury packaging. November 2, 2022 Italy-headquartered Fedrigoni has signed an agreement with......
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Indian Pulp & Paper Industry is Witnessing a Period of Rapid Growth and Expansion

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In 2021, the Indian pulp & paper market was valued at USD 11.48 Billion and is expected to reach USD 31.41 Billion by 2029. The 2022 edition of Paperex South India will bring together exhibitors, industry professionals, & targeted visitors to tap into the booming pulp & paper industry in......
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Paper Excellence Group and Resolute Forest Products to Sell Thunder Bay Pulp & Paper Mill

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Paper Excellence’s wholly-owned subsidiary Domtar Corporation had signed a contract with Resolute, a global forest products company, to acquire all of the outstanding common shares of Resolute stock. November 1, 2022 The Paper Excellence Group and Resolute Forest Products Inc. have expressed their intention to sell Resolute’s Thunder Bay pulp......
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SCA to Introduce a Dedicated Renewable Energy Reporting Segment

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The new reporting segment – Renewable Energy – will be started on January 1, 2023. The move is aligned with SCA’s goal to grow and realise business opportunities in the renewable energy sector. October 30, 2022 SCA, one of Europe’s key producers of renewable energy, makes use of residual and......
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Kimberly-Clark to Divest Its Tissue Business in Brazil to Suzano

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The acquisition of Kimberly-Clark’s tissue assets will increase Suzano’s Brazilian tissue operations to a manufacturing capacity of around 280,000 TPA. October 28, 2022 Kimberly-Clark has decided to divest its tissue paper operations in Brazil. Suzano SA, the Brazilian pulp maker, has signed a deal to acquire the tissue assets. In......
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Solenis to Invest USD 40 Million in R&D Facility Expansion

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Delaware-based Solenis will expand its R&D operations with a move to the 100,000 sq ft Building. October 28, 2022 Delaware-based Solenis will establish in Wilmington – a USD 40 million research and development expansion. In response to increasing market demand for its sustainability-focused products and expertise and with an eye......
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Mondi Approves Investment of EUR 400 million in Kraft Paper Machine at Štětí mill, Czech Republic

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The investment in the kraft paper machine will meet the growing demand for paper-based flexible packaging. The expansion is part of Mondi’s vertically integrated Paper Bags business and is a EUR 1 billion expansionary capital investment programme for sustainable packaging. October 27, 2022 Mondi has approved a EUR 400 million......
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Sinar Mas to Establish Paper Production Unit in Maharashtra, With Investment of INR 20k Crore

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For the Sinar Mas’ paper production project, 300 acres of land has been earmarked at Dherand in Raigad, Maharashtra. October 27, 2022 The Maharashtra state cabinet committee for industries has given its nod for the setting up of a paper manufacturing unit by Indonesia-based Sinar Mas. The pulp and paper......
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Mexico-Based Papel San Francisco Orders Sixth Tissue Production Line from Valmet

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The new Valmet tissue-making line will allow Papel San Francisco in meeting additional capacity requirements for standard tissue products. October 26, 2022 Papel San Francisco has ordered an Advantage DCT 100TS tissue production machine from Valmet for its site in Mexico. The new production line will be installed at the......