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Rottneros Group has signed agreements on debt financing within the framework of the investment program Agenda 500, as the company said in the press release received by Lesprom Network. The increased funding amounts to a total of SEK 120 million ($13.3 million) and will be used for investments in the…

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Valmet will deliver automation technology to Nepa Limited in India for its two refurbished paper machines and new deinking plant. The solutions enable the paper mill to increase productivity and improve product quality. The startup of the new system is scheduled for the end of February 2017, as the company…

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Denmark’s Aalborg Energie Technik (AET) is set to deliver a biomass-fired combined heat and power (CHP) plant for a French paper mill after winning the EPC contract for the project.  The 20 MWe/23.5 MWth Cogéneration Biomasse de Novillars (CBN) plant is planned to provide 153 GWh of power and 215,000…

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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…