Page 221 – Papermart

Papermart
Emami Paper Mills Ltd
News

Emami Paper Mills Holds off Work on INR 2000 Crore Gujarat Unit

admin
The company don’t see the present business environment is going to change in a short period of time and hence, it has been decided against investing in Gujarat Project until the market improves, banking sector getting better to offer finances. August 30, 2019 An economic slowdown and a tightening in......
Paques Opens up North India Regional Operations 1
News

Paques Opens up North India Regional Operations

admin
Paques India continues to invest in their Indian operation by opening up their regional office in Noida (UP). August 28, 2019 With over 40 installations in agro-based industries (Sugar, paper, dairy, starch, food & beverages, bio energy, ethanol), Paques kicked off their Make in India campaign by starting up their......
Global Win Wickliffe Secures USD 200 Million to Expand Ballard County Paper Mill 1024x614 1
News

China-based Global Win Wickliffe to Invest USD 200 Million in US Paper Mill

admin
The mill has been officially renamed Phoenix Paper Wickliffe LLC. August 21, 2019 China’s Global Win Wickliffe has secured some USD 200 million from the Bank of China to invest in expanding its paper mill in Ballard County, in the US state of Kentucky, the Chinese investor acquired on behalf......
Ministry of Finance Rejects Demand for Rollback of Customs Duty on Newsprint 300x231 1
News

Ministry of Finance Rejects Demand for Rollback of Customs Duty on Newsprint

admin
There was no import duty on newsprint so far. August 20, 2019 Rejecting demands for the rollback of import duty on the paper used for printing newspapers, Finance Minister Nirmala Sitharaman stated that the 10% customs duty on imported newsprint was imposed to promote domestic manufacturers and the importers will......
Asia Pulp and Paper
News

Asia Pulp & Paper Withdraws India’s Biggest FDI From Andhra Pradesh

admin
Indonesia’s Asia Pulp & Paper (APP), which entered into an MoU last year for one of biggest FDI in country in Andhra Pradesh till date amounting to approx USD 3.5 Bn for greenfield pulp & paper plant in state’s Prakasam district is said to have withdrawn its plans due to......
ANDRITZ Acquires Sweden based KEMPULP 1
News

ANDRITZ Acquires Sweden-based KEMPULP

admin
The company designs and markets technologies used in chemical pulping, including pulp washing, oxygen delignification and bleaching technologies. August 19, 2019 ANDRITZ has acquired the Swedish company KEMPULP, a specialist provider of process technologies for the chemical pulping industry. The acquisition includes all of KEMPULP’s intellectual property rights, technical expertise,......
Stora Enso Invests in Producing Bio Based Carbon Materials for Energy Storage 1024x649 1
News

Stora Enso Invests in Producing Bio-Based Carbon Materials for Energy Storage

admin
The construction of the pilot facility will begin before the end of 2019 and is estimated to be complete by early 2021. Decisions about commercialization will follow after evaluating the results of the pilot-scale production. August 3, 2019 Stora Enso is investing EUR 10 million to build a pilot facility......
Metsa Board Aims for Fossil Free Mills as Part of Companys 2030 Sustainability Targets scaled
News

Metsä Board Aims for Fossil Free Mills as Part of Company’s 2030 Sustainability Targets

admin
Metsä Board is aiming for a 30 percent reduction in water use per product tonne and a minimum of a 10 percent energy efficiency improvement by 2030 compared to the 2018 level. These will also play an important role in reaching the fossil free mills target. August 2, 2019 Metsä......
IMG 20190731 WA0002 1
News HEADLINE

Parason Acquires Calpher Máquinas to Expand its Footprint in Brazil

admin
The acquisition of Calpher’s business will enlarge Parason’s footprint in Brazil and Americas allowing the company to access to an improved level of service, enlarged portfolio and the most complete range of the pulp and paper machinery in the market and opening greater opportunities to improve competitiveness in the market.......