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Industry Watch HEADLINE

Paper Industry Concerned as Imports Rises 30 Percent in H1

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Increased import of paper and paperboard is severely impacting the economic viability of many paper mills especially small and medium paper mills in India. According to Central Pulp & Paper Research Institute (CPPRI) data, out of 861 paper mills in the country, only 497 are currently operational. November 19, 2019......
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Voith and SCA partner to Build Innovative Production Line at Obbola Paper Mill

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Mats Nordlander, President, Paper of SCA, says, ”The market’s most advanced kraftliner machine PM 2 with the best available technology will considerably improve the mill’s competitiveness, cost position and product quality. We see the partnership with Voith as the next step of our digitalized future.” October 21, 2019 The new......
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China-based Global Win Wickliffe to Invest USD 200 Million in Ballard County Paper Mill

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The mill has been officially renamed Phoenix Paper Wickliffe LLC. August 21, 2019 China’s Global Win Wickliffe has secured some USD 200 million from the Bank of China to invest in expanding its paper mill in Ballard County, in the US state of Kentucky, the Chinese investor acquired on behalf......
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Toscotec to Rebuild Dryer Section of PM1 at Gulf Paper Manufacturing

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The target of the rebuild is to boost the drying capacity, using TT SteelDryers. The dryer section’s length will remain unchanged. August 28, 2019 Gulf Paper Manufacturing has selected Toscotec for the rebuild of the dryer section of its PM1 at Mina Abdullah paper mill, Kuwait. The paper machine has......
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Tamil Nadu Newsprint and Papers Draws Expansion Plan Worth INR 2520 Crore

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“The project cost will be met through a mix of debt and equity. We will borrow ₹880 crore from banks and the rest will be funded by internal accruals,” said Mr. Sivashanmugaraja. September 21, 2019 Tamil Nadu Newsprint and Papers Limited (TNPL) has earmarked an outlay of INR 2520 crore......
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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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Smurfit Kappa Invests in Roermond Facility to Boost Paper-Based Packaging Capability

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The investment in the Roermond Paper Mill has significantly strengthened company’s capabilities as a leading provider of lightweight recycled paper grades. May 9, 2019 Smurfit Kappa is set to expand its paper portfolio production capabilities by investing in its Roermond Paper Mill in Netherlands. The Roermond Paper Mill has made......
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Metsä Tissue is Developing a Concept for the Future Tissue Mill

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The concept’s development will include a review of all the operational processes of a tissue paper mill: raw materials, production, converting as well as dispatch and warehouse operations. February 8, 2018 Metsä Tissue, part of the Metsä Group, commenced an operational review of its mill operations on 1 February 2019.......