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Netherlands-based Crown Van Gelder’s Paper Mill Declared Bankrupt

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Crown Van Gelder, The Netherlands, had filed for bankruptcy due to increased energy and raw material costs, sudden drop in demand, and long production standstill, with the District Court of Noord-Holland, which has been accepted. February 24, 2023 Crown Van Gelder, Netherland-based specialty paper producer, has been marked bankrupt by......
News updates

ITC Introduces TribeKraft – Kraft Paper from 100 Percent Unbleached Virgin Fiber

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TribeKraft, ITC’s new offering, is specially designed for replacing plastic pouches used in e-commerce deliveries. It can be easily recycled, without any need for additional treatment, making it an eco-friendly alternative. November 2, 2022 Over the years, ITC Ltd. – Paperboards & Specialty Papers Division has developed several new products......
News updates

Shawano Specialty Papers orders TT SYD Steel Yankee Dryer from Toscotec

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The recent order by Shawano Specialty Papers further strengthens the position of Toscotec in the USA as the leading supplier of Steel Yankee dryers. March 31, 2022 USA-based Shawano Specialty Papers, a subdivision of Little Rapids Corporation, has ordered a TT SYD Steel Yankee Dryer from Toscotec. The manufacturer of......
HEADLINE Special Feature

ITC-PSPD: Expanded One of the Paperboard Machines by 50000 MT in 2021-22

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2021: The year that was It has been a mixed year. While the demand for virgin paperboards and specialty papers was robust, the demand for writing and printing paper was muted given the uncertainty around offline classes at schools. The global shipping crisis created significant supply chain disturbances causing unusual......
News updates

Strong Performance by ITC PSPD in Q3, Revenue Up by 38.51 percent

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There has been a robust growth in volume and realisations. The production volumes at ITC PSPD were at a record high along with the revival of demand across most end-user segments and higher exports. February 22, 2022 The revenue of ITC Paperboards & Specialty Papers Division (ITC PSPD) stood at......
News updates

ITC Strengthens its Position in Speciality Papers and Paperboards

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The company draws strategy to focus on value-added, high-margin offerings. December 4, 2021 ITC Ltd. is looking to up its play in the value-added paperboards and speciality papers vertical as it ramps up on exports to existing countries like the Middle East, EU, UK, South East Asia, Australia and New......
News updates

JK Paper Eyes Growth as Demand for Packaging Boards and Specialty Papers Set to Increase

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The market for packaging boards is likely to grow 9-10 percent annually in India, compared with around 4 percent globally. August 11, 2021 Accelerated demand for packaging boards for online purchases and tissue papers on account of the COVID-19 pandemic, along with specialty papers, will drive growth going forward, said......
News updates

Pixelle Acquires Two Specialty Papers Businesses

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Pixelle has acquired Rollsource and the carbonless rolls and security papers business from Appvion Operations, to further bolster up its portfolio. April 08, 2021 Pixelle Specialty Solutions has completed two strategic investments that will further strengthen its portfolio and enhance service to new and existing customers. On March 31st, Pixelle......
Interviews

With New & Enhanced Capacities, ITC PSPD set to grow and address existing and evolving needs

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TC-PSPD recently commissioned a new virgin fiber based paperboard facility at Bhadrachalam (Telangana) and a décor paper machine at the specialty papers unit at Tribeni (West Bengal), both adding significant capacities in their respective segments. These capacity additions are poised to further strengthen ITC’s share in the market and enable......
Tech Articles

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......