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News

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......
Special Feature Video

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......
News

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......
News

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......
News

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......
News

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......
News

Tim Cook Took a Stroll in Swedish Forests With a Company That Makes Apple's Packaging

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Cook visited the forests with representatives from Iggesund Paperboard, a company that sits under the Holmen Group umbrella and makes fiber paperboard. October 17, 2017 Apple CEO Tim Cook has been visiting forests in northern Sweden with a company that supplies Apple with sustainable packaging. Cook’s social media accounts show......
Industry Watch

Boom in New Paper Machine Projects in China – Is Another Investment Cycle Coming?

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— By Xia Min, Senior Consultant, Fisher International During the last 20 years, Chinese companies were competing with each other investing in huge increases in paper and paperboard capacities as large PMs bring economies of scale and thus enhance the competitiveness of the company. There was no doubt that this......
Uncategorized

Indonesian Paper Industry to Get Tax Incentive

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The industry employs some 2.1 million workers and contributes up to USD 6 billion in foreign exchange February 3, 2016 The Indonesian government is reviewing to give tax incentives to the paper industry. Trade Minister Saleh Husin said the paper industry has high local content, as it employs some 2.1......
Events

Indian Paper Industry: Recycling Waste, Restoring Growth

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The 3rd Technical Conference on Pulp, Paper and Allied Industries and biannual exhibition – Paper Plus, took place at Chennai Trade Centre, Tamil Nadu from November 7 to 9, 2014. The three days affair saw numerous presentations along with showcasing of technologies, equipments, services, etc. Paper Mart remained a zealous......