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 recent years, Vietnam paper industry witnessed substantial expansion plans from big players in the sector to capture Vietnam’s growing paper demand. Paper consumption in Vietnam is growing in-line with the country’s transition from a centrally-planned to an open economy. According to Papnews,  Saigon Paper is forecasted to increase revenues…

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In the 1Q 2015, paper and paperboard production volumes in Finland totalled 2.7 million tonnes, which is 1.4% more than in the corresponding period in 2014, as the Finnish Forest industries Federation said in the press release received by Lesprom Network. Printing and writing paper production in Finland totalled almost…

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Tropik Wood, one of Fiji’s largest industries, has ordered sawmill equipment from Söderhamn Eriksson. Tropik Wood produces lumber from Caribean pine plantations and also has a chipping plant for logs. The order includes log decks, a Cambio 800 debarking line, a reducer bandsaw with optimized log infeed, a ChipCanter as…

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St. Veit an der Glan in Carinthia, southern Austria, will not be the home of a new tissue converting facility. Italy's Roto-cart, which was planning to spend up to Euro 70 million ($79.7 million) on the project, canceled its plan, due to, amongst others, the "tight financial situation of the…

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Sonoco-Alcore S.a.r.l. today announced it will raise prices by €50 per metric ton on all recycled paperboard grades sold in the Company’s Italian region. The price change is effective with shipments on or after 15th June, 2015. “This price increase is in response to rising material and manufacturing costs and…

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The European Commission has approved the acquisition of Duropack of Austria, by DS Smith of United Kingdom. In February 2015, the British company announced its intention to buy Duropack for approximately €300m. Duropack produces and distributes paper, corrugated case material, corrugated sheet, corrugated cases and partitions especially in Eastern and…

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Catalyst Paper today announced  an investment of  nearly $16 million in the Rumford pulp and paper mill in Maine, U.S. This is a planned second quarter investment that includes the company's single largest maintenance expenditure in 2015. Approximately $11.4 million will be invested in various maintenance projects including upgrading the…

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A.Celli Paper has recently received an order for a state-of-the-art winder from Krishna Tissues Pvt. Ltd., located in Kolkata, India. The paper rewinder, model AC842, is the foundational element in a new project for the production of 80-320-gsm testliner products that the company is undertaking. At an operating speed of…

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The Czech Ministry of Finance has published a call to sell its 96.5% stake in Slovenian paper producer Vipap Videm Krško. The remaining 3.5% of the shares are owned by the manufacturer itself. Potential bidders are to apply by June 1. The Czech-based subsidiary of consultancy firm Ernst & Young…

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Tembec must suspend operations at its three sawmills due to the high cost of wood supply in the Abitibi-Témiscamingue region, which makes its sawmills uncompetitive given the persistent weak market prices for lumber in North America. This represents 360 direct jobs at Tembec that are being affected by the new…