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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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New Industry Challenges Demand Indian Paper Companies Undergo Transformation

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The Indian paper industry has enjoyed rising revenues and profits in recent years. However, these gains have not been evenly shared among the top players. A new study by Kanvic Consulting finds Indian paper companies must act now to transform themselves to overcome the growing challenges of increasing imports, rising......
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ND Paper Plans an Investment of USD 300 Million in US operations

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The company plans to build two Greenfield recycled pulp plants to support global fibre strategy. October 9, 2018 ND Paper plans to build two Greenfield recycled pulp plants to support global fibre strategy. The company will invest USD 300m into its newly acquired US mills in Biron, Wisconsin and Rumford,......
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Nippon Paper to Sell Its Interests in Daishowa-Marubeni International

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Nippon and DNAC have agreed to sell their 50% interest in Daishowa-Marubeni International Ltd. (“DMI”), to Mercer International Inc. October 8, 2018 Nippon Paper Industries Co., Ltd. and Daishowa North America Corporation (“DNAC”), a wholly owned subsidiary of the Company, announced that they have agreed to sell their 50% interest......
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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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Mondi to Discontinue Production of Industrial Bags in Zeltweg

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According to Mondi, this possible restructuring affects only industrial bags production and has no impact on the other two business segments at the site. October 18, 2018 Around 100 jobs might be cut at Mondi’s Austrian site in Zeltweg. The company is examining the possibility to close industrial bags production......
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Catalyst Paper to Sell Its Mills to Paper Excellence

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Paper Excellence has close to two million tonnes of pulp production capacity at five Canadian mills and two in France. October 9, 2018 British Columbia-based Catalyst Paper Corp. has reached an agreement to sell its operations to Paper Excellence Canada of Richmond, B.C. Catalyst CEO Ned Dwyer says when the......
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Oceanwood Takes Over Norwegian Press Paper Maker Norske Skog

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The adjusted net purchase price for 100 precent of the shares in Norske Skog AS amounts to approximately EUR 236m. October 8, 2018 Oceanwood Capital Management Limited has completed the acquisition of 100 percent percent of shares in Norske Skog AS. The acquisition of the Norwegian press paper manufacturer is......
Special Feature

Morbi, an Underrated Challenger!

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With its over 1.5 million tonne capacity, Morbi’s packaging paper industry is not in a mood to stop and is set to add at least 0.5 million tonne in the next 4-5 years, which is a lot. The Indian paper industry will have to sit and notice, if not sooner,......