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Papermart
Finance Minister Nirmala Sitharaman 1
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Finance Minister Proposes Reduced Custom Duty of 5 Percent on Newsprint

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The Indian Newspaper Society has earlier urged the Government of India to scrap the 10 percent duty imposed on newsprint and uncoated paper used for printing newspapers, and light weight coated papers for magazines. February 1, 2020 Widening fiscal deficit target of 3.3 percent to 3.8 percent to boost the......
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Andritz Signs Preliminary Agreement With UPM for Significant Pulp Mill Order

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Andritz will be supplying million euro order value of pulp production technologies to UPM. January 23, 2020 International technology Group Andritz and UPM have signed a preliminary agreement under which Andritz is to supply energy-efficient and environmentally friendly pulp production technologies as well as key process equipment. The final contract......
Archroma Announces CEO Transition 1 scaled
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Archroma Announces CEO Transition

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Ms. Heike van de Kerkhof earlier held the role of Vice President in Castrol and was responsible for a business generating USD 2+ billion in annual revenues. December 15, 2019 Archroma, a global leader in color and specialty chemicals towards sustainable solutions, has announced its transition plan for the function......
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Astron Paper & Board Enters into Strategic Partnership With China's ABC Paper

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ABC Paper will improve the company’s operating efficiency and also assist to export in China. December 16, 2019 Astron Paper & Board has entered into a strategic partnership agreement with Shandong Zhonghui Supply Chain Management, China (ABC Paper). Under the agreement, ABC Paper will transfer technical knowledge and experience for......
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India’s Paper Industry Likely to Acquire 25 Percent Market Share of Single Use Plastics By 2025

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The study said about a third of new paper comes from recycled paper and an equivalent amount from waste such as sawdust and scrap from lumber mills. December 8, 2019 “Paper industry is going through the transformation phase and now the paper industry uses less power and water due to......
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First European Recyclability Guidelines for Optimal Paper Packaging Design

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The recent guidelines developed by CEPI, CITPA, ACE and FEFCO focuses on the sustainable future of paper-based products. December 7, 2019 The use of paper for packaging purposes is growing every year, due to its excellent environmental performance but also to the increasing demand related to e-commerce and delivery services.......
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Archroma Completes Acquisition of BASF India’s OBA Business for Paper and Powder Detergent Applications

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BASF India and Archroma entered into an agreement to divest BASF’s OBA Business in July 2019 for about INR 33.50 crore. December 7, 2019 Archroma, a global leader in color and specialty chemicals towards sustainable solutions, has announced that Archroma India Private Limited has completed the acquisition from BASF India......