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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......
News

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......
News

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,......