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Abu Dhabi’s KEZAD, Star Paper Mill Partners to Establish Kraft Paper Facility

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The new facility, an outcome of the partnership between Star Paper Mill and KEZAD, will have an installed capacity of 135,000 tonnes to make recycled paper products. Entailing an investment of Dh200 million, the facility spans 59,000 sq m. December 27, 2022 Khalifa Economic Zones Abu Dhabi – KEZAD Group,......
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Fedrigoni Takes Over Guarro Casas, Boosting its Speciality Papers Business

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Fedrigoni’s acquisition of Guarro Casas is significant as it will strengthen its speciality papers business due to the specialisation of the latter in the production of fine papers for creative & binding purposes and high-added value finishing for luxury packaging. November 2, 2022 Italy-headquartered Fedrigoni has signed an agreement with......
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Kimberly-Clark to Divest Its Tissue Business in Brazil to Suzano

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The acquisition of Kimberly-Clark’s tissue assets will increase Suzano’s Brazilian tissue operations to a manufacturing capacity of around 280,000 TPA. October 28, 2022 Kimberly-Clark has decided to divest its tissue paper operations in Brazil. Suzano SA, the Brazilian pulp maker, has signed a deal to acquire the tissue assets. In......

ARAUCO Considering Investing USD 3 Billion in 2.5 Million Tonnes Hardwood Pulp Mill

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For this investment in the pulp mill, ARAUCO has announced the recent collaboration agreement with the State of Mato Grosso do Sul in Brazil. October 1, 2022 ARAUCO has announced the recent collaboration agreement with the State of Mato Grosso do Sul in Brazil. This marks the first step towards......
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Keryas Paper to Infuse an Investment of USD 40 million in Kraft Paper Plant in UAE

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Keryas Paper Industry has signed MoU with C2C Consultancy for the design and engineering services for the upcoming manufacturing project. September 29, 2022 Oman-based Keryas Paper Industry has announced its investment plans of establishing a 200,000 Metric Tonnes Per Annum (MTPA) kraft liner project in the UAE. The manufacturing plant......
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Smurfit Kappa Acquires a Packaging Plant in Brazil

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The acquisition of PaperBox expands both Smurfit Kappa’s presence in Brazil as well as its product portfolio. September 21, 2022 Smurfit Kappa, one of the world’s leading suppliers of paper-based packaging, has signed an agreement to acquire PaperBox, a packaging plant located in Saquarema, 70 km east of Rio de......
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Ecosure Pulpmolding Technologies to Offer Green-Fiber Pulp Mill Solutions to Fang Thai Factory

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The Indo-Thai joint venture of Ecosure Pulpmolding would be known as FTF Candia Fiber Mold Packaging (Thailand) Co. Ltd. September 13, 2022 Ecosure Pulpmolding Technologies Ltd. has signed up a cooperation agreement with Fang Thai Factory Ltd. to offer turnkey solutions for producing chemical-free enzymatic cellulosic fiber pulp using rice......
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Stora Enso signs a EUR 700 Million Revolving Credit Facility Linked to Sustainability Targets

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For the agreement, Crédit Agricole Corporate and Investment Bank, Nordea, and OP Corporate Bank acted as Coordinators, Bookrunners, and Mandated Lead Arrangers for the facility. December 7, 2021 Stora Enso has signed a new USD 788.45 million (EUR 700 million) revolving credit facility (RCF) contract with a syndicate of 12......
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Sri Andal Paper Mills Orders Paper Machine Clothing from Valmet

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The containerboard line, which is equipped with key containerboard machine technologies, will produce recycled liner, recycled fluting, and corrugated kraft grades. November 19, 2021 Valmet and Sri Andal Paper Mills have signed an agreement for the supply of paper machine clothing to its new containerboard machine, which is located in......