Investment - Page 4 of 6 - Papermart

Papermart

Tag : Investment

News updates

Schumacher Packaging buys major stake in Kartonfabrik Kaierde

desk3
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......
News updates

Stora Enso invests EUR 40 million at its Sweden Facility

desk3
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......
News updates

JK Paper Starts Commercial Production at new Packaging Board Plant

desk3
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......
News updates

Smurfit Kappa announces USD 33 million investment in Fortaleza, Brazil

desk3
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......
News updates

Bambrew, a Green Tech Sustainable Packaging Startup, Bags USD 2.35 mn in Pre-Series A Round

desk2
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

desk3
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

desk3
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......
News updates

Smurfit Kappa Invests in Sustainable New Water Treatment Facility in Colombia

desk3
The wastewater treatment plant uses modern technology which includes a circular self-sustaining anaerobic reactor. December 15, 2021 Europe’s leading corrugated sustainable packaging provider Smurfit Kappa has completed a two-phase upgrade of its facilities at the Barranquilla Paper Mill in Colombia. The USD 7.5 million investments included the implementation of a......
News updates

Rengo to Build a New Containerboard Mill in Vietnam

admin
The production capacity of the upcoming plant, with an overall investment of about USD 324.18 million, will be 370,000 TPA of liners and corrugating medium. The commissioning of the facility is scheduled for the first quarter of 2024. November 09, 2021 Rengo Co., Ltd. has announced that Vina Kraft Paper......
News updates

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

admin
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......