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News updates

Stora Enso exploring expansion opportunities in Renewable Consumer Packaging Boards

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Post-conversion, the planned production capacity of the board line at the Stora Enso Oulu site would be 750,000 TPA of FBB, coated unbleached kraft, and liner grades. March 9, 2022 Stora Enso will carry out a feasibility study to assess the possibility of converting a paper machine at its Oulu......
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BillerudKorsnäs and Viken Skog to explore possibilities for jointly producing BCTMP pulp

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The aim of the feasibility study by BillerudKorsnäs and Viken Skog is to establish a production line for BCTMP pulp at the Follum mill. The mill has the adequate infrastructure and is located where sustainable wood supply is easily accessible. March 4, 2022 BillerudKorsnäs and the Norwegian forest owner group......
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Stora Enso Expands its Formed Fiber Production Capacity in Europe

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Post-investment, the annual formed fiber capacity of the Hylte site in Sweden will be around 115 million units, making Stora Enso one of the leading suppliers of formed fiber in Europe. February 22, 2022 Stora Enso will invest EUR 8 million (~USD 9.07 million) to double its production capacity of......
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Schumacher Packaging buys major stake in Kartonfabrik Kaierde

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The acquisition of Kaierde is a part of Schumacher Packaging EUR 700 million investment program through 2025. The investment is planned for the development of the company’s plants as well as futuristic technologies. February 18, 2022 Germany-based Schumacher Packaging Group has bought a majority stake in Kartonfabrik Kaierde, a board......
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Stora Enso invests EUR 40 million at its Sweden Facility

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Following the investment in new bleaching technology, Stora Enso will be able to reduce the number of bleach lines from three to two that will improve cost competitiveness and the carbon footprint of the production site. February 4, 2022 Stora Enso will invest EUR 40 million (~USD 45.86 million) in......
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JK Paper Starts Commercial Production at new Packaging Board Plant

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With the expansion, the company’s production capacity has been up scaled from 455,000 TPA to 625,000 TPA. February 1, 2022 JK Paper has started the commercial production of packaging board at its new facility at Unit CPM, Gujarat. The paper and paper packaging producer has informed that its packaging board......
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Smurfit Kappa announces USD 33 million investment in Fortaleza, Brazil

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In the expansion, a new corrugator, which will increase the Shelf-Ready Packaging (SRP) capability, and several high-end printers will also be installed to provide the high level of precision for e-Commerce packaging. February 1, 2022 Smurfit Kappa has announced an investment of over USD 33 million in Brazil to expand......
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Bambrew, a Green Tech Sustainable Packaging Startup, Bags USD 2.35 mn in Pre-Series A Round

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The company plans to strengthen the team, expand to multiple cities, magnify the supply capacity and enhance R&D on new materials. January 6, 2022 Bambrew, India’s largest one-stop innovative solution provider of sustainable packaging as an alternate to single-use plastic, has raised pre-Series-A funding of USD 2.35 Million led by......
News updates

Stora Enso to invest EUR 23 million at its Varkaus Mill in Finland

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With the investment, the flexibility of the product range and the Varkaus mill site’s total capacity will be increased by around 10 percent. While the environmental impact assessment (EIA) and the preparatory work for the investment will be immediately started, the expansion is expected to be completed by 2022-end. December......
News updates

Valmet to Collaborate with Metsä Board Husum, Sweden to Expand Folding Boxboard Capacity and Sustainability

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The current folding boxboard (FBB) capacity of BM 1 is 400,000 TPA, and after the investment, it will reach 600,000 TPA. December 17, 2021 Valmet will supply a long-term performance agreement and a board machine rebuild to Metsä Board Husum, Sweden. The main goal is to increase board machine (BM......