Page 224 – Papermart

Papermart
Over 440 Companies Globally Remove Misleading Go Green Go Paperless Messaging 1
News

Over 440 Companies Globally Remove Misleading Go Green Go Paperless Messaging

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Two Sides, a global non-profit promoting the sustainability of print and paper, continues to address misleading environmental claims made by some of the world’s largest corporations. July 9, 2019 Environmental claims such as “go green – go paperless” and “save trees” are regularly used by banks, telecoms, utilities, insurance companies......
Cascades Wins Bid to Acquire Orchids Paper Products Assets for USD 207 Million 2
News

Cascades Wins Bid to Acquire Orchids Paper Products Assets for USD 207 Million

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The acquired assets are expected to generate annual EBITDA of approximately USD 45 million beginning in 2021. July 4, 2019 Cascades has entered into a definitive agreement for the acquisition of substantially all of the assets of Orchids Paper Products Company, following the approval there of by the United States......
Union Budget 2019 Proposes 10 Percent Customs Duty on Newsprint 1
News

Union Budget 2019 Proposes 10 Percent Custom Duty on Newsprint

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The Indian Newsprint Manufacturers Association has welcomed the decision. They claimed that duty-free cheap imports were making domestic mills unsustainable. Union Finance Minister Nirmala Sitaraman in her maiden budget speech has imposed 10 percent import duty on newsprint and 5 percent import duty on printed books. There was no import......
Renowned Industrialist BK Birla Passes Away in Mumbai at 98 1
News

Renowned Industrialist BK Birla Passes Away in Mumbai at 98

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BK Birla was the chairman of Century Textiles and Industries and had been active in business since the age of 15. July 4, 2019 Indian industry stalwart and Birla group patriarch BK Birla passed away on July 3, 2019 in Mumbai after age-related illness. He was Chairman of the BK......
Book on Eucalyptus
Uncategorized News

NewGen Eucalyptus Plantation is Farmer and Planet Friendly

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Farmer incomes are enhanced with agro farming of NewGen eucalyptus across India, making a meaningful contribution to carbon sequestration. July 2, 2019 The eucalyptus plantations in India with modern clonal technology have been shown to have no adverse impact on either the environment or on the water table, according to......
JK Paper Limited
HEADLINE News

JK Paper to Invest INR 1500 Crore to Expand Capacity in Songadh Plant in Gujarat

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The expansion will also provide opportunity of raw material supply to local farmers. Approximately 10,000 tribal farmers will benefit from it. July 2, 2019 JK Paper Ltd. will set up a new manufacturing plant in Gujarat at an investment of Rs 1500 crore. A memorandum of understanding (MoU) has been......
Valmet
News

ITC Bhadrachalam Mill to Get Valmet’s Board Machine Rebuild

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Earlier, Valmet has also delivered a new recovery boiler and ash leaching plant to ITC’s Bhadrachalam pulp mill in India. June 27, 2019 Valmet will supply a board machine rebuild for ITC Limited at its Bhadrachalam Mill in India. The rebuild of board machine PM 7, currently producing folding boxboard,......
Lenzing Group to Invest EUR 100 Million to Combat Carbon Footprint 1
News

Lenzing Group to Invest EUR 100 Million to Combat Carbon Footprint

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As part of its climate strategy, the Austrian fiber producer has set itself the ambitious goal of net-zero carbon emissions drastically over the coming years. June 24, 2019 The Lenzing Group, the Austrian-based fiber producer will invest EUR 100 million in energy efficiency measures and increase the share of renewable energy......
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Events

Technical Advancements in Manufacturing of Packaging Grades of Papers

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Indian Pulp and Paper Technical Association’s (IPPTA) 55th Annual General Meeting and Seminar 2019 was recently held in Ahmedabad. During the event, key issues relating to the pulp and paper industry were examined. In his keynote address, Mr. Ramkumar Sunkara, Packaging Consultant, said that the paper industry needed to focus......
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Special Feature HEADLINE

INDUSTRY 4.0: The Fourth Industrial Revolution

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Digitalization is gradually transforming the way we produce products. Referred to as “Industry 4.0” in Europe, the “Industrial Internet of Things (IIoT)” in the United States, or just “smart manufacturing”, this transformation represents the fourth revolution that has occurred in manufacturing. The first industrial revolution was all about mechanization through......