Investments - Papermart

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Irving Tissue Announces USD 600 Million Capex for US Facility

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The Phase 3 expansion of Irving Tissue’s plant in Georgia, USA will include a third ThruAir Dry paper making machine, additional converting lines and a new fully automated warehouse, taking its total annual production capacity to 225,000 tonnes.  Nov 25, 2024 Irving Tissue, a subsidiary of JD Irving Limited and......
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Sofidel Announces USD 200 Million Capex for the US Mill

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Sofidel will expand its existing facility into an integrated, state-of-the-art production plant where raw materials will be processed, manufactured and packaged into finished goods such as paper towels, bath tissues and napkins. The construction is likely to begin in late 2024 and will continue till 2026. The complete project size......
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Ence to Invest EUR 80 Million in Spain Facility for Decarbonization

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Ence will invest in energy-saving projects at its biofactory in Navia to promote decarbonization of Asturias, Spain. Nov 11, 2024 Ence, a European producer of hardwood pulp using eucalyptus wood from certified sources, has decided to invest nearly EUR 80 million through its Navia biofactory to boost decarbonisation in the......
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Stora Enso Acquires Finnish Sawmill Company for EUR 137 Million

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The transaction will strengthen Stora Enso’s wood supply operations and reinforce its position in sawlog and pulpwood sourcing in the Baltic Rim wood market. Stora Enso’s annual wood procurement in Finland will hence increase by approximately 1.7 million m³ and the Group’s total saw-milling capacity by approximately 700,000 m³. The......
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Metsä Group Inaugurates EUR 2 Billion Kemi Bioproduct Mill

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Kemi mill is the largest bioproduct mill inaugurated in Finland, worth approximately EUR 2 billion. The mill increases Finland’s annual exports by approximately half a billion euros, and its annual positive income will also be half a billion euros. The bioproduct mill will produce 1.5 million tonnes of softwood and......
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DS Smith Invests EUR 50 Million on Packaging Facilities in Portugal

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DS Smith acquired two top-of-the-range fluting machines for its packaging facilities in Oporto and Leiria. It will install solar panels at packaging facilities in Esmoriz, Leiria and Lisbon to produce electricity for its own consumption, reducing CO2 emissions by 34 percent a year. Sep 30, 2024 In response to a......
News

San Martino Paper Mill, SAEL to Invest EUR 13 Million in Paper Machine Upgradation

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The project will be a turnkey solution by SAEL, encompassing new cabinets, PCC, MCC, desk motors, and the medium voltage substation. SAEL will also handle all the wiring within the mill.  Sep 26, 2024 San Martino paper mill, in collaboration with SAEL for over 35 years, is preparing for a......
News updates

Smurfit Kappa Infuses Over EUR 20 Million in its Plants in Czech Republic & Slovakia

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Smurfit Kappa’s investments in the two plants include installing state-of-the-art equipment for capacity augmentation in view of the rising consumer demand for paper-based packaging solutions. November 24, 2022 Europe’s leading paper-based packaging producer Smurfit Kappa has infused significant investments in its Olomouc plant in the Czech Republic and Obaly Štúrovo......
Industry Watch

Metsä Group Putting Emphasis on a Sustainable Supply Chain

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Finland-headquartered Metsä Group earmarks significant investments every year in scaling up of its efforts in sustainable supply chains. The Group clearly states its aspiration to only collaborate and partner with those who check all the boxes in the sustainability requirements as it aims for a fully sustainable supply chain in......
News updates

UPM Initiates a New Combined Heat & Power (CHP) Plant for Carbon Neutrality at Paper Mill

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UPM is committed to undertaking several initiatives such as climate-positive forestry, innovating novel products, and investment in renewable and efficient energy solutions to power its own sites, while taking part in the transformation of energy systems in Europe. November 4, 2022 UPM has inaugurated a new combined heat and power......