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Smurfit Kappa to Invest USD 42 Million in its German Paper Mill Site

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It is the latest phase of an investment programme, which commenced in 2011, and this last phase will see production output increase by 70 kt to 450 kt per annum. April 28, 2021 Smurfit Kappa has announced a significant investment of USD 42 Million in its Hoya paper mill and......
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Voith modernizes and expands stock preparation plant for Modern Karton PM 3 in Ergene, Turkey

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The order includes Voith’s BlueLine stock preparation components, including IntensaMaXX, IPU reject pump, and IntensaScreenDrum. Additionally, Voith will also supply a new stock preparation line for pulp and recovered paper. March 02, 2021 Modern Karton, the largest manufacturer of cardboard packaging and packaging paper in Turkey, recently signed a contract......
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Emami Paper Mills Holds off Work on INR 2000 Crore Gujarat Unit

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The company don’t see the present business environment is going to change in a short period of time and hence, it has been decided against investing in Gujarat Project until the market improves, banking sector getting better to offer finances. August 30, 2019 An economic slowdown and a tightening in......
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Mondi Plans EUR 700-800 Million/Annum in Capital Investments for 2019 and 2020

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“Over the past three years our major capital projects have contributed EUR 95 million of incremental operating profit, including EUR 20 million in 2018. We expect to generate a further EUR 50 million in 2019,” said Mondi Group’s CEO, Peter Oswald. March 12, 2019 Mondi Group’s CEO, Peter Oswald, said......
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Mounting on Mega Investments, Paper Packaging to Continue on High Growth Trajectory

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The mega projects announced recently by JK Paper, Emami, and Naini will add at least 500,000 tonnes of packaging board capacity in premium category, thus matching the pace of forecasted double-digit growth in packaging paper and board, where the demand is slated to reach at 9.7 million tonnes by FY19......
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Start-up of Voith’s Two XcelLine Packaging Paper Machines for Sun Paper Set Record

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Two XcelLine paper machines PM 36 and PM 37 successfully started up in record time at Zoucheng site of Sun Paper. October 15, 2018 In the past months, two XcelLine paper machines PM 36 and PM 37 successfully started up at Zoucheng site of Honghe Paper, subsidiary of China’s leading......
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BillerudKorsnäs Opens a New MG Paper Machines at Skärblacka Production Unit

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The investment of around USD 145 million has been made partly in an upgraded existing paper machine and partly in a new machine for machine glazed kraft paper (MG paper). September 6, 2018 BillerudKorsnäs, a leading manufacturer of packaging paper, has opened one of Europe’s largest and most efficient MG......
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SCA Invests in Increased Production of White-Top Kraftliner in Munksund Papermill

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The company invests mSEK 196 (USD 24 million) in increased production of White-top kraftliner, packaging paper with a white surface, in the Munksund papermill in Piteå. December 12, 2017 Through this investment, the mill’s capacity to produce white kraftliner will increase from 150,000 tons to 200,000 tons per annum. The......
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Chinese Ban on Waste Paper Import May Improve Valuations of Indian paper Companies

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China has stopped imports of several grades of waste paper as a part of campaign against foreign garbage, which has created shortage of raw material and impacted the paper production. December 6, 2017 Paper companies have reported double-digit earnings growth over the past two years. In addition, their balance sheets......