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Saica Announces Investment of USD 800 Million to Accelerate US Growth Plans

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Saica is currently building its first production site in the US: the corrugated plant in Hamilton, Ohio, is scheduled to open in early 2022. September 10, 2021 Spain’s paper and packaging group Saica is set for further growth on the US market. The company has announced that it would invest......
News updates

ANDRITZ Signs Industrial Maintenance Contract with Smurfit Kappa Nervion in Spain

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The international technology group providing plants, systems, equipment, and services for the pulp and paper industry will provide industrial maintenance services to Smurfit Kappa Group. May 20, 2021 ANDRITZ Ingeniería, part of the international technology Group ANDRITZ, has received an order from Smurfit Kappa Nervion to provide industrial maintenance services......
News updates

Jabil Announces USD 25 Mn Investment in Paper Packaging Solutions

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The new automation and machinery will increase packaging capacity for North American and European markets. This expansion of the JPS footprint is a continuation of the process begun in January 2021, when Jabil acquired Ecologic Brands. March 17, 2021 Jabil Inc. has announced expansion plans for its newly acquired paper......
Special Feature

Import of Wood Chips to Offset the Extra Need Generated by Expansion

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The West Coast Paper Mill has successfully completed over three years of importing chips with around forty shipments till date by setting up a sound ecosystem of infrastructure and manpower, dedicated only to import, handling and transportation of chips. Paper Mart recently visited WCPM and its chip handling facility at......

Is International Paper the Next Takeover Target?

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Even after the quarter topping consensus forecasts of USD 5.27 billion, IP faces speculation of being the next takeover target. August 17, 2016 Amid speculations that the paper-products maker could be a takeover target, shares of International Paper (IP) rose 1.6 percents to USD 46.79, the highest since August 19.......
News

Valmet Forges New Alliances in Hungary, Spain and India

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Valmet’s strategy to expand its power and process automation business around the world through close partnerships with strong local players March 29, 2016 Valmet has signed new value-added reseller (VAR) agreements for power and process industry automation in Hungary, Spain and India. The agreements are in line with Valmet’s strategy......
News

Kadant Wraps up Acquisition of the PAALGROUP for EUR 51 Million

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PAAL manufactures channel balers and related equipment used in the processing of recyclable and waste materials April 4, 2015 Kadant Inc. announced that it has acquired all of the outstanding shares of RT Holding GmbH, the parent corporation of a group of companies known as the PAALGROUP (PAAL) for approximately......
Uncategorized

Boosting the Circular Economy: European Project to Promote Separate Paper Collection Launched

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• IMPACTPapeRec is a European project to further increase the separate collection of paper for recycling and promote appropriate schemes to avoid landfilling and incineration. • A best practice handbook will be developed to support the different EU regions in the implementation of best collection procedures. January 31, 2016 IMPACTPapeRec......
Interviews

“I have been working at ITC for the last thirty-four years but, thanks to its open work culture, I still feel so fresh-as if I had just joined the company”

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ITC-Paperboards and Specialty Papers Division (ITC-PSPD) has emerged as the largest manufacturer of packaging and graphic boards in South Asia. Its well-equipped manufacturing plants and excellent work culture have been the main factors behind its corporate success. The Paper Mart team recently met Mr. Rakesh Gupta, General Manager-Projects, ITC Limited,......