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Tag : Investment

News updates

Stora Enso Invests in Expansion of Board Production at its Skoghall Mill

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Following the investment, the packaging board production capacity at Skoghall can be increased by approximately 100,000 TPA to a total capacity exceeding 900,000 TPA. The project is slated to be concluded by the second half of 2023. October 26, 2021 Stora Enso has announced an investment of around USD 112.56......
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Valmet Sets Up Pilot Facility at its Fiber Technology Center in Sweden

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The new Pretreatment BioTrac Facility in Sundwall is quite flexible and can test different feedstocks and develop, verify, and optimise the pretreatment processes. October 25, 2021 Valmet’s new Pretreatment BioTrac pilot facility has started operations at its Fiber Technology Center in Sundsvall, Sweden. With this investment in the new pilot......
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Metsä Board’s Multimillion Investment to Increase Folding Boxboard Capacity in Sweden

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The investment in Husum mill, Sweden, is driven by the growing demand for sustainably produced packaging materials. AFRY has been selected for an engineering assignment for the said investment project aimed to increase the folding boxboard production capabilities. October 08, 2021 Metsä Board, a subdivision of Metsä Group, has partnered......
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Saica Announces Investment of USD 800 Million to Accelerate US Growth Plans

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Saica is currently building its first production site in the US: the corrugated plant in Hamilton, Ohio, is scheduled to open in early 2022. September 10, 2021 Spain’s paper and packaging group Saica is set for further growth on the US market. The company has announced that it would invest......
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Metsä Fibre and Lehto to build an Ecological Operating Office for Kemi Bioproduct Mill

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With an investment of around USD 1.9 billion, the Kemi bioproduct mill is the largest-ever investment in the history of the Finnish forest industry. September 04, 2021 Metsä Fibre, a subdivision of Metsä Group, and Lehto Group have signed an agreement to construct an ecological operating office from wood for......
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Kemira Invests in New Production Line of ASA Sizing Agents in Asia-Pacific

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ASA is one of the most effective and cost-efficient sizing agents for improving water resistance in paper and packaging boards. September 3, 2021 Kemira, a global leader in sustainable chemical solutions for water-intensive industries, announces a significant investment in the production of alkenyl succinic anhydride sizing agent (ASA) in China.......
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Smurfit Kappa Announces Multimillion Mexican Investment

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With the proposed multimillion-dollar investment, Smurfit Kappa is going to modernize and expand the corrugated plant with the installation of advanced machinery and commence the construction of a new 10,900 sq m building. August 31, 2021 Smurfit Kappa will invest USD 22 million to expand its corrugated plant in Culiacan,......
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Klabin Invests in Technology to Improve its Paperboard

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The investment will be utilized in modernizing a coating machine at the Monte Alegre Unit, whose annual production capacity will be increased to 60,000 tons. August 11, 2021 In line with its commitment to launching sustainable solutions, Klabin, Brazil’s largest producer and exporter of paper, has announced investments of Brazilian......
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Pratt Industries Announces USD 400 Million Investment in a New Recycled Paper Mill

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The construction work on the 450,000 sq ft mill would begin in March in the next year and the startup of the mill is scheduled in 2023. August 05, 2021 Pratt Industries announced it would invest USD 400 million in a new 100% recycled paper mill in Henderson, Kentucky. This......
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Essity Invests in Improved Recycling of Food and Beverage Cartons in France

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The investment will enable the global hygiene company to increase the recycling capacity of cartons to 24,000 tons a year. July 07, 2021 Global hygiene and health company Essity invests approximately EUR 11m (USD 13m) in its Hondouville mill in France, allowing it to extract 98% of paper fibers contained......
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