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PM Vol16 No6 Feb Mar 2016 final 65 1
News

ITC to Put up a Rs. 450-Cr Bleached Chemi-thermo Mechanical Pulp Unit

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This will be the first plant in India manufacturing “Made in India BCTMP” March 23, 2016 ITC Ltd is setting up a Rs 450-crore unit at Bhadrachalam with a capacity of 1 lakh tonnes per annum to manufacture bleached chemi-thermo mechanical pulp (BCTMP), an import substitute item, as reported by......
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Paques Group Commences Work on Rs. 30-cr plant at Sri City

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The plant, which will be built on a 2-acre plot with an investment of Rs. 30 crore during the initial phase, will be commissioned by this July January 22, 2016 The Netherlands-based Paques Group, a green energy company specialising in harnessing industrial waste water through treating biological waste, has commenced......
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Corrugated Box Manufacturers Fears Impending Crisis

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Himachal Pradesh Corrugated Box Manufacturers Association has sought the intervention of the Prime Minister in this regard April 1, 2016 According to a report published in The Tribune, Himachal Pradesh Corrugated Box Manufacturers Association (HPCBMA) has sought a check on the “monopoly” of paper mill owners, who were announcing frequent......
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International Paper Goes Digital to Spur Business

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Besides launching a smart card for direct transfer of money to bank accounts of its farmers, the company also unveiled a website to educate farmers March 21, 2016 International Paper APPM Limited (IP-APPM), a part of International Paper in India, has already dismantled the proverbial box and joined hands with......
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MP Govt to Revive Bamboo Plantations in Big Way

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ITC had initiated talks with the state government through its Bhadrachalam-based paperboard and speciality papers division April 8, 2016 The government of Madhya Pradesh says it has grand plans for bamboo, hitherto the poor man’s timber. Through a Global Bamboo Summit planned from 8-10 April, in Indore, the state authorities......
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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......