Page 283 – Papermart

Papermart
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Pudumjee Industries Concludes a Three-way Demerger

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All employees of the existing three companies, who are related to the paper business, have moved to the new entity February 24, 2016 Pudumjee Industries on Wednesday said it has completed the demerger of paper related business and manufacturing assets of its three companies—Pudumjee Pulp and Paper Mills, Pudumjee Industries,......
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BILT Defers Selling of Malaysian Forest Arm Sabah Forest Industries

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BILT expects to receive a net USD 350 million from the divestment March 15, 2016 With Gautam Thapar’s Ballarpur Industries (BILT) yet to sell its Malaysian forest arm, anxious banks are trying to figure out how the company will arrange funds to clear more than Rs 850 crore commercial papers......
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Pulp & Paper Gets 'Red' in Colour-coded Categorisation of Industries

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The categorisation is based on a pollution index developed by the environment ministry taking into account the emissions, effluents, and hazardous waste generated, and the resources it consumes March 6, 2016 Despite of being one of the most sustainable industries in terms of raw material and recyclability, there is no......
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Stora Enso Inaugurates New Innovation Centre for Biomaterials

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Stora Enso’s Biomaterials division is a provider of pulp grades to meet the demands of various paper, board and tissue producer December 17, 2015 Stora Enso recently inaugurated its new Innovation Centre for Bio materials. Swedish Minister for Enterprise and Innovation, Mikael Damberg, joined Stora Enso CEO, Karl-Henrik Sundström, at......
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Valmet Forges New Alliances in Hungary, Spain and India

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Valmet’s strategy to expand its power and process automation business around the world through close partnerships with strong local players March 29, 2016 Valmet has signed new value-added reseller (VAR) agreements for power and process industry automation in Hungary, Spain and India. The agreements are in line with Valmet’s strategy......
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Toscotec Gets a Repeat Order from Celupaper SA for a New Tissue Paper Production Line

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The new PM4 will be started up by the end of 2017 April 14, 2016 Toscotec announced that it will supply Celupaper S.A. with a new MODULO-PLUS tissue production line. The new line, which will have the capacity to produce 65 tons per day of tissue paper, will be installed......
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Stora Enso Divests Its Ownership in IL Recycling to Stena Metall

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The Stena Metall Group recycles and processes metals, paper, electronics, hazardous waste and chemicals April 8, 2016 Stora Enso has signed an agreement to divest its 33.33 percent ownership in the Swedish recycled materials company IL Recycling AB to Stena Metall AB, a Swedish recycling company. The consideration for the......
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Madison Paper Industries to Face Closure

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UPM-Kymmene will close its mill in Madison, USA, by the end of May; the mill has a total capacity of 195,000 tpy of SC paper March 15, 2016 UPM-Kymmene Inc. and Northern SC Paper Corp., a subsidiary of the New York Times Company, announced today the dissolution of their partnership,......
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Valmet To Supply Board Machine Key Technology for Two Container Board Machines in China

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Valmet’s delivery includes headbox and press section technology and a machine control system March 31, 2016 Valmet will supply board machine key technology and machine control systems in two new containerboard machines in China. The customer remains confidential. Valmet’s delivery includes headbox and press section technology and a machine control......
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Smurfit Kappa Successfully Restarts its Two Paper Machines after Rebuild

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It has announced that two of its European operations have restarted following extended shut downs during the first quarter of 2016 April 12, 2016 The company’s PM4 machine, at its Sangüesa mill in Northern Spain, will now produce 30,000 tonnes per annum of high value Machine Glazed (MG) papers following......