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News

International Paper to Sell its 50 percent Ownership in ILim Russia for USD 484 Million

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IP has agreed to sell 50 percent of its ownership interests in Ilim SA, Russia, the holding company of its Ilim joint venture, to its joint venture partners for USD 484 million. February 24, 2023 International Paper (IP) has entered into an agreement to sell its 50 percent interest in......
News updates

Ecosure Pulpmolding Technologies to Offer Green-Fiber Pulp Mill Solutions to Fang Thai Factory

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The Indo-Thai joint venture of Ecosure Pulpmolding would be known as FTF Candia Fiber Mold Packaging (Thailand) Co. Ltd. September 13, 2022 Ecosure Pulpmolding Technologies Ltd. has signed up a cooperation agreement with Fang Thai Factory Ltd. to offer turnkey solutions for producing chemical-free enzymatic cellulosic fiber pulp using rice......
News updates

A New Bank Note Paper Mill to be set up in Odisha with INR 2500 Crore Investment

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For the proposed mill, about 100 acres of land will be acquired. Bank Note Paper Mill India has a plant in Mysuru city in Karnataka, with a total capacity of 12,000 metric tonne per annum (MTPA). July 25, 2022 Bank Note Paper Mill India (BNPM), a joint venture of Security......
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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......
News updates

Huhtamaki Acquires Full Ownership of its Paper Bag Joint Venture in Poland

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Paper bags have emerged as an important segment for Huhtamaki and the acquisition further enables the company to grow its business in Eastern Europe. January 10, 2022 Huhtamaki has acquired full ownership of its Poland-based Joint Venture company Huhtamaki Smith Anderson sp. z o.o. from Smith Anderson Group Ltd. (SA).......
News

Nippon Paper to Sell Its Interests in Daishowa-Marubeni International

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Nippon and DNAC have agreed to sell their 50% interest in Daishowa-Marubeni International Ltd. (“DMI”), to Mercer International Inc. October 8, 2018 Nippon Paper Industries Co., Ltd. and Daishowa North America Corporation (“DNAC”), a wholly owned subsidiary of the Company, announced that they have agreed to sell their 50% interest......
Events

Paper + 2012: Show Report

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November 27, 2012 Paper+ 2012, a business event in pulp, paper and allied industry was organized from 24th Nov – 26th Nov 2012 at Codissia Trade Centre, Coimbatore. Paper+ an upcoming trade exhibition is the regional extension of Paperex. This business platform provided opportunity for interacting with luminaries from practically......
Interviews

“Whether you are an Indian company or from foreign origin the ability to combine the dots will make a winning combination”

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India – A consumer led economy According to estimates 23% of the initial workforce that was engaged in the global workforce during 2005-10 has been added by India and in 2050 India will hold the largest pool of working population. India having the largest reservoir of the working population will......
Interviews

JK Paper forms JV with Oji & Marubeni for Corrugated Packaging

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Plans to invest Rs. 150 crore on a new plant in Rajasthan JK Paper Limited (JK) signed a joint venture agreement with Oji Holdings Corporation, Japan (Oji), Marubeni Corporation, Japan (Marubeni) and Oji India Packaging Private Limited (OIPPL) for manufacture and sale of corrugated packaging products. Joint Venture The JV......