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DS Smith Announces EUR 145 Million Package of Investments for Viana Paper Mill, Portugal

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DS Smith recently announced a multiyear EUR 145 million package of investments to upgrade its kraft paper mill in Viana, Portugal. The investment includes the rebuild of the existing paper machine by suppliers Voith and Valmet and a brand-new state-of-the-art recovery boiler which will be one of the most modern......
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International Paper to Invest USD 103 Million in Iowa Containerboard Mill

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International Paper will invest USD 103 million for the construction of two natural gas-based boilers in its Containerboard Mill in Cedar Rapids, Iowa. The boilers will replace the existing steam-based boiler of the company and will become operational in 2025. February 23, 2023 International Paper (IP) will invest approximately USD......
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Sappi Gratkorn Mill to Use Sustainable Fuel at the Mill

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By replacing coal with sustainable fuels, Sappi’s Gratkorn mill is furthering its climate protection goals and reducing its greenhouse gas emissions by about 30 percent. October 14, 2022 Sappi has completed the modernisation of the power plant boiler at its production site in Gratkorn, Austria. Now, the sustainable fuels like......
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Seshasayee Paper and Boards Upgrades Machines, RDH Pulp Mill and Recovery Island

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Mr. Ganesh Bhadti, Director (Operations), Seshasayee Paper and Boards Ltd., Unit – Erode, talks about the technological innovations, and the technology roadmap of the company. “The Company had drawn up Mill Development Plan – III at an estimated cost of INR 315 crores. The work on the project commenced in......
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Mondi Sets Ambitious Science-Based Plans to Transition to Net-Zero by 2050

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The Net-Zero plan set out by the global paper and packaging leader aligns with the Science Based Targets initiative’s new Net-Zero Standard. January 17, 2022 Mondi has accelerated its plans to take climate-positive actions by committing to transition to Net-Zero by 2050. This next step builds on almost two decades......
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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......