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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In view of the prolonged weakness of the pound sterling, fine paper manufacturers want to implement higher prices on the UK market in April. The first woodfree paper manufacturers have launched an attempt to institute a separate price increase in the UK, fuelled by the pound Sterling's recent losses against…

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EUWID respondents report a price increase for coldset newsprint paper in six-month and annual contracts in Germany, but say manufacturers still cannot be satisfied with current price levels. It appears that the marathon negotiations in the coldset newsprint segment in Germany are about to come to an end. With numerous…

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During March 2016 PAPCEL Italy has finished machining of parts for the Yankee cylinder, which is designed for the new paper machine for the production of tissue paper in Saudi Arabia, as the company said in the press release received by Lesprom Network. The Italian manufacturing division is gradually increasing…

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Liberty Diversified International (LDI) acquires assets of Omaha Box Company, a designer and manufacturer of custom corrugated cartons and displays, as the company says in the press release received by Lesprom Network. According to Mike Fiterman, LDI’s Chairman and CEO, “We have great respect for the 125-year history of Omaha…

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An economic hurricane has devastated the state’s paper industry, but unlike what would happen if an actual weather disaster had struck, the federal response to the devastation has been paltry, U.S. Sen. Angus King said Tuesday. “What’s happened in the paper industry is like a natural disaster. We have lost…

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Nippon Paper Industries concluded a license agreement with Elopak AS in Norway, as the company said in the press release received by Lesprom Network. Nippon Paper Industries would produce and sell a lineup of gable-top liquid packaging cartons that Elopak provides around the world, and introduce them for the first…

Oji Holdings Forms a Business Alliance with Chuetsu Pulp & Paper

Oji Holdings Corporation has decided to form a business alliance as well as a capital alliance through third-party stock allocation with Chuetsu Pulp & Paper Co., as the company said in the press release received by Lesprom Network. Japanese demand of paper-bag, especially of heavy-duty packaging, has long been declining…

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Ilim Group announced its new business plan to 2020, which includes investments of over $2 billion into existing production facilities and other operations in Russia. Investments will focus on increasing the Group’s production capacity by over 500,000 tpy. The overall investment program will cover all three of the Group’s production…

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The American Forest & Paper Association released its February 2016 Printing-Writing Paper Report, which said total printing-writing paper shipments increased 1 percent in February compared to February 2015. Total printing-writing paper inventory was essentially unchanged from January levels. Uncoated free sheet (UFS) paper shipments increased 3 percent relative to shipments…

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Walki will invest in upgrading two of its important laminator lines at the Pietarsaari plant in Finland, as the company says in the press release received by Lesprom Network. The upgrade will be done with the latest technology, ensuring a consistent quality of the products throughout the whole production run.…