NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

Tuesday, Jan 05, 2016
news

German papermaker Walsum Papier, which recently entered into takeover talks with Niederauer Mühle, will continue to be up for sale, Euwid reports. Euwid cites the company’s temporary insolvency administrator who said that he again filed for another extension of insolvency benefits to 1 February 2016 in order to sell the…

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Stora Enso has signed an agreement to divest its entire 80% shareholding in the Arapoti magazine paper mill in Paraná, Brazil, to Papeles Bio Bio, a Chilean paper producer. The consideration for the divestment of the shares is approximately EUR 21 million, subject to customary closing day adjustments. The loss…

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Emery Deabay, a paper mill worker for four decades, sees the dismantled pieces of the old Verso mill in Bucksport leaving town by train day after day and knows the trains are taking what’s left of the state’s fading paper industry with it. The state’s once-thriving paper mill industry, like…