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ABB wins $15 million pulp and paper order in India

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ABB has won an order worth more than $15 million to supply integrated automation and power equipment and related engineering and commissioning services to JK Paper Ltd for its expansion project. The order is for capacity enhancement for its Rayagada unit located in the state of Orissa. JK Paper is......
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ABB to buy Lorentzen & Wettre to strengthen pulp and paper business

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5 July, 2011 ABB, the leading power and automation technology group, has agreed to acquire Lorentzen & Wettre from ASSA ABLOY AB (publ) for a price of about $119 million, to strengthen its business in the pulp and paper area. Based in the Kista district of Stockholm, Sweden, Lorentzen &......