Page 299 – Papermart

Papermart
PM Vol17 No2 Jun Jul 2016 86 1
News

Closure of Cachar Paper Mill

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This paper mill has been shutting down every now and then for last few years due to shortage of raw material thereby incurring huge losses. July 19, 2016 Cachar Paper Mill (CPM), a unit of Hindustan Paper Corporation (HPC) is facing financial crisis on account of non-availability of coal owing......
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Silverton Pulp & Papers to Convert Coated Board Plant to Coated Paper Plant

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The company has come up with a coated paper plant in Muzaffarnagar which is targeted to be operational by June-July 2017. July 31, 2016 Silverton Pulp and Papers has decided to rebuild coated board plant to coated paper plant. The initial manufacturing capacity of the plant will be 250 TPD......
PM Vol17 No2 Jun Jul 2016 89 1
News

Nirvikara Paper Mills Commences Duplex Board Manufacturing

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Share prices of Nirvikara Paper Mills rise by 12 percent after the successful installation of modern technology machine for manufacturing duplex board with a capacity of 63000 tonne per year. July 6, 2016 Nirvikara Paper Mills has finally started the commercial production of duplex board for which it had installed......
PM Vol17 No2 Jun Jul 2016 93 1
News

Farmers Prefer AMCs to Sell Their Wood Pulp to Paper Mills

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As per farmers, the marketing system under the aegis of the AMCs worked well, and the acreage under social forestry plantations went up. August 27, 2016 As per a leading national daily, the farmers in the drought-prone Prakasam district, who took to social forestry plantations in a big way with......
PM Vol17 No2 Jun Jul 2016 94 1
News

Huhtamaki Sets Foot in the Foodservice Packaging Market in India

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With the acquisition of 51 percent stake in Valpack, Huthumaki eyes its key customers already present in India. The debt-free purchase price was around EUR 2 million. July 22, 2016 Huhtamaki has acquired 51 percent of Val Pack Solutions Private Limited (“Valpack”), a privately held paper cup manufacturer based in......
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Is International Paper the Next Takeover Target?

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Even after the quarter topping consensus forecasts of USD 5.27 billion, IP faces speculation of being the next takeover target. August 17, 2016 Amid speculations that the paper-products maker could be a takeover target, shares of International Paper (IP) rose 1.6 percents to USD 46.79, the highest since August 19.......
PM Vol17 No2 Jun Jul 2016 98 1
News

JCB Showcases its New Range of Material Handling Product Solutions

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At an event in Delhi, the company launched three revolutionary products as a part of its ‘Made-in-India’ range. July 16, 2016 JCB India Limited showcased its world-class range of material handling product solutions in an event at New Delhi on July 14. Its three class leading machines, viz. Telehandlers, Skid......
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Sindhura Papers Pvt Ltd to Install New White Duplex Board Unit in Andhra Pradesh

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The company will commence a new unit with capacity of 80 tpd with provision of 150 tpd. July 31, 2016 In March 2014, Sanjay Kraft Paper in Tanaku, Andhra Pradesh changed its name to Sindhura Papers Pvt Ltd. With a manufacturing capacity of 50-60 tpd in Unit 1, it supplies......
PM Vol17 No2 Jun Jul 2016 100 1
News

Solar Powered UPM Shotton Mill: Another Step Towards Sustainability

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Walking on the path set by the parent company UPM who are the world leaders in renewable energy, UPM Shotton Mill has also halved its purchase of power by following a connection to the UK’s largest solar park set in Wales. August 10, 2016 After setting the best example of......