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Mondi Enters Canadian Market with Acquisition of Hinton Pulp Mill for USD 5 Million

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The acquisition will strengthen Mondi’s position as global market leader in the production of kraft paper and paper bags. Mondi also plans to invest EUR 400 million in a new 200,000 tonne per annum kraft paper machine at the Canadian mill, which will become operational in 2027.  Apr 1, 2024......
News

Mondi Set To Modernize Swedish Kraft Paper Mill for Improved Efficiency, Environmental Performance

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Mondi will upgrade its Dynäs pulp and paper mill in Sweden, to increase efficiency and further improve the overall environmental performance of the mill. The project includes the installation and upgrade of machinery and equipment such as a new cooking plant and bark boiler. May 10, 2023 Global sustainable packaging......
Industry Watch

Tirumala Venkateshwara Paper & Board Bets Big on Lower GSM Ranges

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“As the government has imposed a ban on single-use plastics, people are getting inclined towards paper bags. We are trying to get into lower GSM ranges and targeting 70 GSM odour-free paper,” says Mr. Mahesh Gandhi, Director (Tech), Tirumala Venkateshwara Paper & Board Private Limited Established in 2009, Tirumala Venkateshwara......
News updates

Mondi Approves Investment of EUR 400 million in Kraft Paper Machine at Štětí mill, Czech Republic

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The investment in the kraft paper machine will meet the growing demand for paper-based flexible packaging. The expansion is part of Mondi’s vertically integrated Paper Bags business and is a EUR 1 billion expansionary capital investment programme for sustainable packaging. October 27, 2022 Mondi has approved a EUR 400 million......
HEADLINE Special Feature

People, Planet & Profit: Key to a Sustainable Future for Paper Manufacturing

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Historically, the primary concern for businesses was profit. Today, companies in every sector are inclining towards ‘Environmental and Social Sustainability’ by becoming increasingly environmentally concerned and socially involved. While sustainability is one of the driving factors for almost all firms, measuring it can be extremely complex. In order to measure......
HEADLINE Special Feature

Single-Use Plastic Ban Opens the Door of Opportunities for Paper Industry

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According to the industry experts, there are various applications where the paper industry can chip in such as paper bags, straws, and cutlery. Even the investors have recognised the immense opportunity as there has been an upward trend in the shares of leading paper companies. In line with the clarion......
Interviews

Moglix: Helping Companies Gain Visibility with Aesthetically Crafted Packaging Solutions

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“Moglix Solutions has been able to transform MRO procurement and packaging for global enterprises using a state-of-the-art unified procurement platform. At present, we are working with over 600 large-scale enterprises.” Moglix is one of Asia’s largest and fastest-growing B2B commerce companies. It enables manufacturing and infrastructure companies to transform their end-to-end......
News updates

WWF India Case Study on Flipkart – Shrinking the Plastic World by Adopting Sustainable Practices

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WWF India case study on the Flipkart group showcases the larger collaboration by ecosystem partners is crucial to building a circular economy. Flipkart Group companies, including Flipkart and Myntra, have eliminated 100 percent single-use plastic packaging in their supply chain. February 21, 2022 Greater participation by private stakeholders and other......
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 updates

CMPC will acquire Brazil’s Iguaçu Celulose Papel

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As a part of CMPC’s strategy to cement its position in the sustainable packaging market, the acquisition of Iguaçu has been signed for Brazilian Real 45.7 million (~USD 166.02 million. Brazil-based Iguaçu is in the business of manufacturing paper, paper and cellulose bags. December 18, 2021 Chile-headquartered pulp and paper......