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Tag : newsprint

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Stora Enso Divests its Sachsen Mill in Germany

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Sachsen Mill has an annual production capacity of 3,10,000 tonnes of newsprint specialty paper based on recycled paper. May 27, 2021 Stora Enso has signed an agreement to divest its Sachsen Mill located in Eilenburg, Germany, to the Swiss-based family-owned company Model Group. Watch: Paper Mart Fortnightly News Roundup. Under......
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Growing Demand for Packaging and Hygiene Papers Impacts Overall Paper and Board Consumption

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Despite the slowing down of the European economy and the sanitary restrictions, most of the mills ran without disruptions in 2020; even if some operated at reduced speed because of lower levels of demand. February 10, 2021 According to preliminary figures, the demand for packaging paper and board continued to......
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Publishers Seek 5 Percent Waiver on Customs Duty on Newsprint

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Cost of newsprint has jumped 20 percent in the past three months due to demand-supply imbalance following the pandemic, prompting news publishers to rush to the government seeking waiver of 5 percent import duty to help cut cost. January 18, 2021 As reported in PTI, newsprint cost has jumped 20......
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Cascades to Modify Paper Machine to Manufacture Recycled Liner From Newsprint

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The order is included in Valmet’s orders received of the fourth quarter 2020. The value of the order will not be disclosed. December 14, 2020 Valmet will supply an extensive paper machine grade conversion rebuild with a wide scope of automation and services for Cascades’ Bear Island mill in Virginia,......
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Finance Minister Proposes Reduced Custom Duty of 5 Percent on Newsprint

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The Indian Newspaper Society has earlier urged the Government of India to scrap the 10 percent duty imposed on newsprint and uncoated paper used for printing newspapers, and light weight coated papers for magazines. February 1, 2020 Widening fiscal deficit target of 3.3 percent to 3.8 percent to boost the......
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Union Budget 2019 Proposes 10 Percent Custom Duty on Newsprint

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The Indian Newsprint Manufacturers Association has welcomed the decision. They claimed that duty-free cheap imports were making domestic mills unsustainable. Union Finance Minister Nirmala Sitaraman in her maiden budget speech has imposed 10 percent import duty on newsprint and 5 percent import duty on printed books. There was no import......
HEADLINE News

Emami Stake Sale Continues, Includes Paper Business for Divestment to Reduce Debt

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The total promoter stake in Emami subsequent to the stake sale, stands at a controlling majority of 52.74 percent. The promoters intend to maintain this stake. June 26, 2019 Kolkata-headquartered FMCG conglomerate promoters, the Goenka and Agarwal families have offloaded a 10 percent of their stake in the group flagship,......
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Newsprint Demand in India to Reach 2.8 Million Tonnes in FY20

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The growing newsprint demand will have a positive impact on the paper recycling market, which is also expected to grow significantly. July 6, 2018 With improvement in the literacy rates, rising circulation and an increase in number of newspapers and magazines, the newsprint demand in India is expected to reach......