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Aditya Birla Group to buy Terrace Bay Pulp Mill

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July 5, 2012 Aditya Birla group said it is acquiring Terrace Bay Pulp Inc, a North American paper grade pulp company, for USD 110 million (over Rs 600 crore) and would make a further investment of over USD 250 million (about Rs 1,400 crore) on this company in a phased......
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Taiwanese co plans for containerboard expansion in China

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June 23, 2012 Long Chen Paper Co. (LCPC), one of Taiwan’s top makers of packaging paper, is rapidly increasing its share of China’s containerboard market to take advantage of national construction policy there, and has mapped out a five-year project to expand its plants in Pinghu (Zhejiang Province) and Wuxi......
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International Paper announces two agreements to sell three U.S. containerboard mills

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June 2, 2012 International Paper announced that it has reached two agreements to sell three U.S containerboard mills in order to satisfy the company’s obligations in its February 2012 settlement agreement with the U.S. Department of Justice. Under the terms of the DOJ settlement agreement, entered into in connection with......
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Oji Paper announces JV to expand specialty paper base in China

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July 3, 2012 Oji Paper Co., Ltd. (Oji Paper) has announced that it has entered an agreement with Shandong Century Sunshine Paper Group Co., Ltd (Century Sunshine Paper) in China and Dragon Chariot Limited in Hong Kong concerning the implementation of specialty paper business in China by establishing a joint......