Page 164 – Papermart

Papermart
ITC PSPD
News updates

ITC PSPD Reports Sustained Growth for Q4 FY21 with Strong Sequential Recovery Momentum

admin
ITC PSPD reported higher volumes in paperboards and higher cartons exports in the packaging business coupled with operating efficiencies. June 1, 2021 ITC PSPD reported 13.5% YoY increase in paperboard, paper & packaging segment revenues for Q4 FY21 at INR 1656 crore compared to total segment revenues in FY20 at......
Mondi
News updates

Mondi completes Acquisition of Turkish Packaging Group Olmuksan

admin
Mondi will also launch a mandatory tender offer to acquire the remaining 9.62% of outstanding shares in the company that it does not already own. May 31, 2021 Mondi has announced that it had completed its planned acquisition of Turkish corrugated packaging group Olmuksan International Paper Ambalaj Sanayi ve Ticaret......
Bioactive Paper
News updates

Bioactive Paper Coatings to Replace Plastic for Packaging Foods

admin
The amount of plastic waste increases every year. Some of this waste is due to plastic packaging used to protect food. May 31, 2021 As part of the “BioActiveMaterials” project, researchers at the Fraunhofer-Gesellschaft have presented an innovative, sustainable, and eco-friendly solution for food packaging. Just as with conventional packaging,......
Smurfit Kappa
News updates

Smurfit Kappa Invests EUR 20 Million in Czech Republic and Slovakia

admin
The investment consists of four major projects — three upgrades will occur in the Czech Republic, at Smurfit Kappa facilities in Žebrák, Žimrovice, and Olomouc, and one in Slovakia at Smurfit Kappa Štúrovo. All four projects are expected to be completed by the end of this year. May 26, 2021......
Caliber Papers
News updates

Caliber Papers Orders 200 TPD Kraft Paper Plant From JMC Paper Tech

admin
The Morbi-based Caliber Papers will set up a 200 TPD high BF kraft paper plant supplied by JMC Paper Tech. May 31, 2021 Caliber Papers LLP will set up a 200 TPD high BF kraft paper plant at Morbi in Gujarat. The company will install a high BF single wire......
Koehler Group
News updates

Koehler Group Converts Power Plant in Oberkirch to Biomass

admin
The bid to reduce the carbon footprint – the CO2 emissions at the plant is a part of Koehler’s sustainability strategy. May 31, 2021 The Koehler Group is planning to fully convert its power plant at its Oberkirch, Germany location to biomass in the coming years. This change is part......
Kraft paper
News updates

Kraft Paper: A Market in Transition

admin
“There are multiple reports in the media on calls for placing an export ban on recycled kraft paper from India. The reason cited is less supply of kraft paper in India and an increase in prices of kraft paper. Such reports have created misinformation and are contrary to the ground......
Stora Enso
News updates

Stora Enso Divests its Sachsen Mill in Germany

admin
Sachsen Mill has an annual production capacity of 3,10,000 tonnes of newsprint specialty paper based on recycled paper. May 27, 2021 Stora Enso has signed an agreement to divest its Sachsen Mill located in Eilenburg, Germany, to the Swiss-based family-owned company Model Group. Watch: Paper Mart Fortnightly News Roundup. Under......
JK Paper
News updates

JK Paper Reports Healthy Performance for Q4 FY21 With Higher Volumes and Better Realizations

admin
Net profit of JK Paper rose 46.50% to Rs 135.79 crore in the quarter ended March 2021 as against Rs 92.69 crore during the previous quarter ended March 2020. May 26, 2021 JK Paper reported 22.06% YoY increase in consolidated revenues for the March 2021 quarter at Rs. 898.16 crore.......
Dunn Paper
News updates

Dunn Paper Launches Sustainable Coated Paper Technology

admin
Dunn Paper has launched BiOrigin, a sustainable coated paper technology that serves as an alternative to plastic. May 26, 2021 North American paper manufacturer and supplier Dunn Paper has launched a sustainable coated paper technology to act as an alternative to plastic packaging. Watch: Paper Mart Fortnightly News Roundup. Named......