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.

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Vinda International Holdings plans to start up a new 30,000 tonne/yr tissue PM this month at a mill in Laiwu city, Shandong province, China, boosting its total tissue capacity to 950,000 tonnes/yr. The Toscotec unit will have a trim width of 3.4 m and a design speed of 1,600 m/min.…

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There is a possible future for Burgo's idle Avezzano mill in Italy. The site's fine paper machine might be converted to produce board, according to plans of a potential investor. The paper machine at Burgo's Avezzano mill in Italy, which has been idle for over a year, will possibly be…

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Vaahto Group Plc Oyj and Vaahto Group’s principal shareholders Hannu Laakkonen, Mikko Laakkonen and HML Finance Oy, Uutechnic Oy and Uutechnic’s shareholders, have signed an agreement to execute a contemplated transaction in which Uutechnic is acquired by Vaahto Group in a share exchange. The transaction is estimated to be realized…

Thursday, Nov 05, 2015
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Czech paper machine maker Papcel aims to open a new production facility in India, according to David Dostal, the company’s chief executive. This follows an earlier deal signed by Papcel and Indian paper producer Nepa under which the Czech firm was to modernise two plants in India, reports local daily…

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27 fibreboard plants were built in China in 2014 adding around 4.4 million cubic metres of new annual capacity. At the end of 2014 China had 768 fibreboard plants with an annual capacity of 51.8 million cubic metres. However, around 200 plants have been closed eliminating some seven million cubic…

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To improve and boost the business area Greaseproof Peter Warren has been appointed our new Sales and Marketing director. Peter has an extensive background in sales and marketing. His last position was with the Avery Dennison Materials Group, where he was Director of Sales & Customer Service for Northern Europe.…

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SCA has sold its entire holding of 12,108,723 A-shares in AB Industrivärden representing 4.3% and 2.8% of votes and capital respectively. The shares were sold to Swedish institutions and investors, for a price of SEK169 per A-share. Following the transaction SCA does not own any shares in AB Industrivärden. Morgan…

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Austria's Heinzel group is set to convert its 260,000 tonne/yr uncoated mechanical paper machine PM 10 to production of recycled containerboard. The rebuilt unit with a trim width of 7.24 m is scheduled to start up at the end of 2017. It will be able to make around 450,000 tonnes/yr…

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First European suppliers of brown kraftliner have reduced prices on the Italian market in October, yielding to pressure from cheap export volumes. Prices for unbleached European kraftliner are coming under mounting pressure on the market in Italy: First European suppliers have reduced their prices for October and November shipments, yielding…

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Metro will need to find a new facility to process hundreds of thousands of tons of reclaimed wood each year. The local governing body sends the bulk of greater Portland’s salvaged timber to a Newberg paper mill to burn as biomass. Now, with news of the facility’s pending closure, officials…