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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Ice storms have caused massive damages to Slovenian forests recently. Slovenia's Ministry for Agriculture and Environment has reacted to this with a proposal for a new state-run forest management company, reports Lesprom Network. The new company will be able to temporarily intervene in the market in the event of natural…

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  On Earth Day, many credit unions promoted campaigns that encouraged members to enroll in e-statements and other paperless services. But could credit unions that promote “Go Paperless, Save Trees” campaigns run afoul of FTC regulations? A non-profit group funded by the paper, print and direct mail industries thinks so,…

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Paper and Boards Gayatrishakti - paper manufacturing company based in Mumbai - said Tuesday that Canbank Venture Capital Fund has invested Rs 25 crore for a minority stake in the new company project to be commissioned in Gujarat. Gayatrishakti is establishing a new integrated Sarigam in Gujarat, with a capacity…

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Shipments Total U.S. kraft paper in March 2014 were 123,400 tons, up 1.5% compared to the previous month, said the American Forest and Paper Association, in a press release received by Lesprom Network. The bleached kraft shipments were 17.3% higher than in February, while shipments of unbleached kraft were essentially…

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U.S. Production of corrugated cardboard March 2014 increased 8.7% from February and was 3.8% higher compared with the same month last year, said the American Forest and Paper Association, in a press release received by Lesprom Network. Average daily production from month to month decreased 1.8%. March shipments were 2,958.2…

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 Screening is an important process in any pulp or paper mill.  Aikawa Fiber Technologies (AFT) has introduced a new screening rotor  a critical component inside every pressure screen – that increases capacity, improves stability, and offers up to 30% in energy savings, compared with even AFT’s existing award-winning rotor designs. …

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Despite the continued focus on digitization is expected that the demand for paper in India to increase by 53 percent over the next six years, mainly due to a steady increase in the number of school-age children in rural areas increased. The growing consumerism, modern distribution, increased literacy (public expenditure…

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Dynamic Packaging has recently announced the acquisition of the business operations of Paper Pac, Pac Paper Inc., based in Vancouver, Washington, manufactures and sells a wide range of specialty paper packaging products primarily for foodservice, processing food, agricultural and industrial. Terms of the deal were not disclosed. "The acquisition of…

Thursday, Apr 17, 2014
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The Finnish Metso Oyj has rejected the proposal of his Scottish rival Weir Group PLC to merge the two world Of Engineering, said the agreement is not in the best interest of its shareholders and remains confidence in its growth prospects as an independent company.

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Norske Skog has signed a EUR 40 million loan (securitization) with Crédit Agricole Leasing and Factoring, based on accounts receivable arising from the French factory, Norske Skog Golbey