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SCA to Cut 2200 Jobs & Close Plants in Europe

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SCA said that it has initiated an "efficiency improvement program" that is expected to reduce annual costs by SEK 1.07 billion. According to SCA, demand in Europe has fallen by 10% and the industry is struggling with high producer inventories and pressure on both liner and corrugated board prices....
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Minerals Tech to build a satellite PCC plant for BILT

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Minerals Technologies Inc. announced that its wholly owned subsidiary, Specialty Minerals Inc., has entered into an agreement with Ballarpur Industries Limited (BILT) to construct a satellite precipitated calcium carbonate (PCC) facility at BILT's BallarshahUnit in the state ofMaharashtra, India. The facility will produce approximately 65,000 metric tons of PCC per year and supply the paper-filling needs of the Ballarshah pulp...
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Abhishek Industries Launches Copier Paper Spectra & my choice

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Abhishek Industries Limited (AIL), the flagship of the Rs 2500 crore global conglomerate, Trident Group, launched two branded copier paper products - Spectra and My Choice. The diversified Trident Group with businesses ranging from terry towels, cotton yarn, information technology, paper, energy and chemicals, targets an incremental turnover of Rs 400 crore from the expanded branded copier paper portfolio which...