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Valmet Strengthens its Business by Acquiring PMP Group

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The acquisition will bring two companies with different offerings and customer segments together. September 11, 2020 Valmet has entered into an agreement to acquire PMP Group in Poland. The enterprise value of the acquisition is approximately EUR 64 million, plus a conditional and capped earn-out component. PMP Group supplies process......
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A.Celli Paper Acquires PMT Italia

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With the entry of A.Celli Paper, PMT Italia’s range of products will get fresh impetus through synergies with the organization and know-how of A.Celli Paper. September 4, 2020 A.Celli Paper Spa, main affiliate of Italia Technology Alliance group, has announced the acquisition of PMT ITALIA – Paper Machinery Technology, a......
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N R Agarwal Industries Limited: Braving the Crisis

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“The market will get distressed with immediate effect. Packaging board, which is almost 50 percent of our total production, has good potential, as it is used for packaging essentials like pharmaceutical, food, cereals, etc.,” says Mr. R N Agrawal, Chairman & Managing Director, N R Agarwal Industries Limited. Paper Mart:......
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Shree Rama Newsprint: Equipping Itself for the Future

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As a strategic move, Shree Rama Newsprint Limited has ventured into packaging grades by manufacturing kraft paper in the range of 42-100 GSM. The company will revamp PM 2 including installation of film sizer for high BF Kraft paper. In an exclusive interview given to Paper Mart, Mr. Siddharth Chowdhary,......
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Pasaban Service, Helping the Customers Worldwide

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“Customer proximity and offering a high-quality service are our top priorities” – Iñigo Pagola, Service Manager, Pasaban June 29, 2020 Pasaban has ensured that its clients receive excellent technical support. In order to ensure this, the company has prioritized the customer services as it knows this is the best way......
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Government Considers Hiking Import Duty on Papers from 10 to 25 Percent

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Earlier, IPMA has also urged the Government of India to increase the basic customs duty to 25 percent from 10 percent on paper. June 22, 2020 Acknowledging that the domestic paper industry is going through a difficult phase, the Ministry of Commerce and Industry has considered hiking the import duty......
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Paper Imports Continue Despite Current COVID Crisis

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The domestic paper industry is operating under challenging conditions post-COVID. Amid a sharp fall in demand, substantial quantities of paper are imported at significantly lower costs from countries such as China. June 19, 2020 The paper imports continue to surge even as domestic paper manufacturers limp back to restart production......