Page 274 – Papermart

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Joint Paper Mill in Vietnam
News

Japan-Based Rengo Announces Start of New Capacity at Joint Paper Mill in Vietnam

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With investments worth USD 130 Mn, the new and second machine with production volume 220,000 tonnes will produce containerboard (corrugating medium). November 18, 2016 Rengo Co., Ltd., Osaka, Japan announces the successful start of the second paper production line at Vina Kraft Paper Co., Ltd. in Binh Duong Province, its......
Weyerhaeuser
News

International Paper Finalizes Acquisition of Weyerhaeuser’s Cellulose Fibers Business

admin
IP expects to save about USD 175 million annually in “synergies” by the end of 2018. December 2, 2016 International Paper (IP) and Weyerhaeuser have finalized the announced purchase and sale agreement for Weyerhaeuser’s Cellulose Fibers division. The deal worth USD 2.2bn in cash is said to strengthen IP’s position......
USITC
News

US Continues With Antidumping and Countervailing Duties on Coated Paper Imports From China and Indonesia

admin
USITC determined that material injury to the domestic industry was likely to continue or recur after revocation of the existing ADD and CVD orders. December 7, 2016 There is no end to punitive tariffs on coated paper imports from China and Indonesia in the USA. Under the five-year sunset review......
FCBM
News

Federation of Corrugated Box Manufacturers of India Organizes Its 45th Annual Conference

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This year Himachal Pradesh Corrugated Box Manufacturers Association took up the responsibility of holding the FCBM Conference. November 21, 2016 FCBM’s 45th conference was held from 18-20 November in Chandigarh with interactive technical seminars and an extensive exhibition based on machinery. The important event for corrugators in India provided a......
Arable land
News

Suzano to Purchase 75,000 Hectares of Forest Assets in Brazil

admin
The USD 245 million move intends to meet the demand from the expansion in pulp production at Imperatriz Unit. November 08, 2016 Suzano Papel E Celulose S.A. entered into with Companhia Siderúrgica Vale do Pindaré and with COSIMA – Siderúrgica do Maranhão Ltda. an agreement for the purchase of forest......
Androscoggin Mill
News

Verso Announces Plans to Temporarily Idle 200,000 Tonnes of Annual Production Capacity at Androscoggin Mill

admin
The idling of the No. 3 paper machine will result in the layoff of about 190 employees at the Androscoggin Mill. November 1, 2016 Verso Corporation announced plans to temporarily idle the No. 3 paper machine at its Androscoggin Mill in Jay, Maine, reducing annual coated paper production capacity by......
Chinese Pulp and Paper
News

Chinese Pulp and Paper Producers Plans to Consolidate, Invest Overseas Amid Economic Slowdown

admin
China Pulp and Paper Factbook, a new publication from RISI, provides much-needed detail about this vital sector is the November 7, 2016 As China’s economic boom has slowed in recent years, its pulp and paper sector has responded with significant shifts in strategy. Mergers, overseas expansion, deleveraging and new product......
Asia Pulp and Paper
News

Asia Pulp & Paper Commits USD 50 Million on Indonesian Coated Paper Imports into US

admin
The company requests ITC lift Indonesian duties so it may resume limited importation of specific coated paper products into the United States market. November 3, 2016 Asia Pulp & Paper Group (APP), the global pulp, paper, packaging and tissue manufacturing company has committed to importing certain coated papers manufactured in......
Pulp Mill in Laos
News

Valmet to Supply for Sun Paper's New Dissolving Pulp Mill in Laos

admin
The mill in Laos is Sun Paper’s first international investment outside China; the value of the order is around EUR 20 million. December 21, 2016 Valmet will deliver key technology for a new green field dissolving pulp mill to Sun Paper`s new investment in Laos. The mill site, Muang Phin,......
UPM Paper
News

UPM Paper ENA to Cut Down 305,000 tonnes of Graphic Paper Capacity in Europe

admin
The slackening SC paper demand and adverse market conditions are the reasons behind the permaner closure of some machines November 3, 2016 UPM is planning to permanently reduce its graphic paper capacity in Europe by 305,000 tonnes. The capacity reductions are planned to take place in Austria and Germany. UPM......