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Toscotec has been awarded a contract to rebuild PM1 at Correll Tissue, in Durban, South Africa. The start-up of the rebuilt machine is scheduled for the second half of 2017, as the company says in the press release received by Lesprom Network. Correll Tissue is the primary tissue paper manufacturing…

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Nippon Paper Crecia Co., Ltd., a Nippon Paper Group company, and Kasuga Paper Industry Co., Ltd. concluded a basic agreement to jointly establish a new company in April 2017, in order to launch a new joint venture for household paper products. The new company will install cutting-edge facilities to produce…

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Sugarmade, Inc. announces the purchase of international paper contracts from Bao Coc International Paper and Plastics Limited, located in Vietnam. Under the terms of the asset purchase agreement, Sugarmade will assume contracts for international paper products bound for delivery into the U.S. Sugarmade estimates the acquisition will boost its revenue…

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Weyerhaeuser announced the completion of the sale of its Cellulose Fibers pulp mills to International Paper for $2.2 billion in cash. Weyerhaeuser expects to use a substantial portion of the $1.6 billion after-tax proceeds for repayment of debt. The sale, which was announced in May 2016, includes five pulp mills…

Saturday, Dec 03, 2016
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Kyiv Cardboard and Paper Mill's (Kyiv CPM) paper machine with a new cylinder begins to produce tissue paper. Recycled tissue paper from the issue meets the quality standards and will be used for the production of toilet paper Obukhiv 65, as the company says in the press release received by…

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Palm Paper said that PM 7 at its newsprint plant in King's Lynn, UK, which was hit by a fire on 7 October, would be able to run at maximum capacity soon. The company explained that the PM was restarted successfully only two weeks after the incident, having 70% of…

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Nordic Paper completed the PEFC certification for all its mills in Sweden and Norway, as the company said in the press release received by Lesprom Network. The certification shows that all incoming raw material in Nordic Paper´s products live up to a recognized standard for sustainability and that this is…

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International Paper announced that it has completed its acquisition of Weyerhaeuser's pulp business for approximately $2.2 billion in cash, subject to post-closing adjustments.  Because the transaction is a purchase of assets, International Paper expects to realize a tax benefit with an estimated net present value of approximately $300 million.   International…

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Brazilian wood pulp producer Fibria SA will raise prices for its clients in the United States and Europe at least once in 2017, the company's commercial director, Henri Philippe Van Keer, said on Wednesday. In a statement released around the same time as Keer's comment, the company said it plans…

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Paper Converting Machine Company (PCMC), part of Barry-Wehmiller, will partner with Bedford Paper in 2017 to provide a full tissue converting and packaging line for its facility in De Pere, Wisconsin, as the company says in the press release received by Lesprom Network. This project will give Bedford Paper a…