Discover the latest industry news
24 April 2025
Packaging Corporation of America reported Q1 2025 net income of $204 million and revenue of $2.1 billion, exceeding expectations. Strong performance in the Packaging segment, driven by higher prices and volumes, offset rising costs. Corrugated shipments rose 2.5%, while Paper segment volume fell 7%. Looking ahead, PCA expects Q2 earnings of $2.41 per share, factoring in maintenance costs and global trade uncertainties.
Source Link: https://www.paperage.com/2025news/04-23-2025packaging-corporation-of-america-reports-first-quarter-2025-results.html
07 April 2025
Antalis, a global supplier of paper, packaging, and visual communication solutions, has acquired The Packaging Company (Midlands) Limited, a UK provider of innovative packaging solutions. With annual sales of £3.2m and 24 employees, this acquisition strengthens Antalis' presence in the UK packaging market. Antalis CEO Hervé Poncin emphasized that the move aligns with the company's commitment to offering sustainable and innovative packaging solutions. Mark Charles, CEO of The Packaging Company, expressed excitement about the partnership, highlighting opportunities for growth, expanded technical offerings, and enhanced sustainable solutions for customers.
07 April 2025
The article examines the impact of the U.S. tariff war on India's paper industry. With a 26% tariff on Indian paper exports to the U.S., Indian paper mills are expected to face declining competitiveness, leading to reduced orders, especially for mid-sized and smaller mills reliant on foreign markets. The domestic market may experience oversupply, potentially lowering paper prices and increasing competition. The tariff war could also benefit Indian mills in the short term by lowering global pulp prices. However, it will also drive mills to diversify export markets, explore domestic pulp sources, and enhance recycling infrastructure. Despite challenges, the shift presents an opportunity for India’s paper industry to become more self-reliant and resilient in the long term.
Source: https://thepulpandpapertimes.com/news/india/the-us-tariff-war-2228
04 April 2025
ANDRITZ has signed an agreement to acquire A.Celli Paper, a leading supplier of machinery and technologies for the paper and nonwovens industries. This acquisition will enhance ANDRITZ's capabilities in areas like winding and rewinding technologies, strengthening its position as a full-line supplier in the paper production process. A.Celli Paper, known for its innovation and investment in machinery for tissue, paper, and board production, sees the acquisition as an opportunity for further growth in the market. The company, headquartered in Italy, will continue to focus on business continuity and excellent customer service.
Source: https://papermart.in/andritz-acquires-a-celli-paper/
04 April 2025
Valmet will rebuild Grasim Industries' brown stock washing and evaporation plant and deliver a new bleach plant at the Harihar Kumarapatnam site in Karnataka, India. This project, aimed at enhancing productivity and efficiency, includes the installation of advanced technologies such as Valmet HC Ozone Bleaching, which improves environmental sustainability by reducing chemical consumption and effluent discharge. The rebuilds will optimize energy usage and freshwater consumption in the pulp production process. The project is set to be completed in approximately one year, with installation expected by the first quarter of 2026.
Source: https://www.paperage.com/2025news/04-03-2025valmet-to-deliver-bleach-plant-to-grasim-industries.html
02 April 2025
Valmet is renewing its strategy and operating model to enhance growth and efficiency, creating business areas focused on capital equipment and aftermarket services. The company plans to streamline decision-making and reduce overhead costs, with up to 1,150 white-collar job cuts globally, saving an estimated EUR 80 million annually. The changes, including a new Executive Leadership Team, will take effect by July 2025. Valmet is committed to supporting employees during the transition.
02 April 2025
Ballarpur Industries Limited (BILT), part of the Finquest Group, has appointed Dr. Alok Prakash as its new CEO. With over 28 years of experience in the paper and textile industries, Dr. Prakash has a proven track record in driving revenue growth, financial turnarounds, and operational improvements. He previously served as CEO of Shah Paper Mills and held leadership positions at Century Pulp and Paper, APL, Shreyans Industries, Trident Group, and Camerich Papers, where he contributed to business strategy, market expansion, and product development.
01 April 2025
Mika Joukio, CEO of Metsä Board Corporation, will step down on April 7, 2025, after a long tenure with the company. Esa Kaikkonen, currently Metsä Group's EVP of Strategy, will succeed him as CEO. Joukio will stay on until October 2025 to support Kaikkonen during the transition. Kaikkonen brings 27 years of experience within Metsä Group, having previously served as CEO of Metsä Tissue Corporation and EVP of Metsä Wood. Metsä Board, a leading producer of paperboard products, is well-positioned for continued development, thanks to recent investments under Joukio’s leadership.
Source Link: https://www.paperage.com/2025news/03-31-2025metsa-board-names-new-ceo.html
01 April 2025
ITC Limited has signed a Business Transfer Agreement (BTA) to acquire Century Pulp and Paper (CPP) from Aditya Birla Real Estate Limited (ABREL) for Rs. 3498 crore. This acquisition strengthens ITC's Paperboards and Specialty Papers Business, offering increased capacity, economies of scale, and opportunities for expansion. The deal, expected to be completed in about six months pending regulatory approvals, will enhance ITC's market position and support its growth strategy. The transaction also aligns with ABREL’s focus on real estate development. CPP's integration will drive operational improvements and contribute to ITC’s sustainability goals.
Source Link: https://thepulpandpapertimes.com/news/industry-news/itc-announces-2225
28 March 2025
Voith has launched MillOne, an intelligent ecosystem aimed at advancing the autonomous paper mill. This platform integrates all systems into a single user interface, optimizing real-time processes and enabling connected workflows for more efficient, sustainable, and cost-effective paper production. MillOne offers a modular structure, allowing for easy implementation regardless of existing automation levels. It aggregates all operational data, enabling real-time monitoring and data-driven decisions, which helps avoid downtime and optimize resource use. By leveraging AI and augmented reality, MillOne increases productivity, facilitates remote access, and supports a future of automated, efficient paper manufacturing.
Source Link:- https://www.paperadvance.com/mills-technologies/technologies/voith-launches-the-dynamic-ecosystem-millone.html
28 March 2025
On March 12, Essity unveiled the world’s first tissue machine powered entirely by geothermal steam at its Kawerau, New Zealand facility. This upgrade, costing NZD $20 million, reduces the plant's annual CO2 emissions by two-thirds, equivalent to removing 2,200 cars from the road each year. The new technology marks a 25% reduction in emissions and supports Essity's goal of achieving net-zero emissions by 2050. The Kawerau Mill produces essential hygiene products like Sorbent, Purex, and Tork, and the company is celebrating 70 years of manufacturing in the region.
Source Link:- https://www.paperage.com/2025news/03-27-2025essity-unveils-tissue-machine-operating-on-geothermal-steam.html
27 March 2025
Elopak, a global leader in carton packaging and filling equipment, has invested in Blue Ocean Closures, a Swedish sustainability start-up producing fiber-based closures. This partnership aims to replace plastic closures with more sustainable fiber alternatives, reducing the carbon footprint of Elopak’s cartons. As part of the investment, Elopak has secured exclusive global rights to market and distribute Blue Ocean Closures’ fiber-based caps for gable top cartons. This collaboration will accelerate Blue Ocean Closures' market development and support Elopak’s vision for a low-carbon, low-plastic packaging future. Both companies aim to lead innovation in sustainable packaging solutions.
Source Link:- https://www.pulpapernews.com/en/node/16546
27 March 2025
Sabah Forest Industries (SFI) is exploring a potential partnership with China’s Liansheng Pulp and Paper to strengthen its presence in the pulp and paper industry. During a recent visit to China, Lau Ki Wai, Economic Development Advisor to Datuk Hendrus Anding, initiated discussions to form a mutually beneficial collaboration. The partnership aims to leverage Liansheng’s advanced paper manufacturing expertise and Sabah’s abundant land resources. This collaboration highlights SFI’s commitment to expanding its capabilities through technology and sustainable practices.
Source Link:- https://papermart.in/malaysia-based-sabah-forest-industries/
07 March 2025
Prime Minister KP Sharma Oli inaugurated Nepal Pulp and Paper Industries Pvt. Ltd. in Mahottari district, a Rs. 2 billion project by the IME Group. The industry, which started commercial production of high-quality writing and printing paper, aims to reduce Nepal's reliance on imported paper and support local educational institutions. The factory uses waste paper and produces calcium carbonate, contributing to sustainability. PM Oli emphasized the importance of industrial development for economic growth and job creation, while highlighting the project’s potential to save Rs. 7 billion annually by reducing imports. The initiative has already created over 300 jobs and aims to empower local youth and women. Industry leaders called for further policy reforms to foster a more investment-friendly environment in Nepal.
Source Link:- https://risingnepaldaily.com/news/58231
07 March 2025
Port Hawkesbury Paper has begun construction on the Goose Harbour Lake Wind Farm in Nova Scotia, in partnership with RES. Once completed, it will be the largest wind farm in Nova Scotia and Maritime Canada, generating 168 megawatts of electricity. The project will provide about 60% of Port Hawkesbury Paper's energy needs, significantly reducing reliance on traditional sources and supporting Nova Scotia's clean energy transition. The wind farm, featuring advanced turbines, will cut greenhouse gas emissions by over 350,000 tons annually and create local jobs. Additionally, it includes an Indigenous equity partnership with 13 Mi'kmaw First Nations. Commercial operations are expected to start in 2026.
Source Link:- https://www.paperadvance.com/news/industry-news/port-hawkesbury-papers-wind-farm-project-takes-shape.html
06 March 2025
INDPAC is revolutionizing hydraulic solutions for the Paper & Pulp industry by providing cost-effective, high-performance systems previously reliant on expensive foreign imports. They offer customized hydraulic cylinders, power packs, and components for various mill sections, emphasizing durability, efficiency, and precision. Their solutions address common industry challenges like corrosion and system synchronization, with products engineered using top-quality materials and rigorous testing. INDPAc also provides both OEM and retrofit options to meet specific plant needs, ensuring reliable, efficient hydraulic systems for paper mills.
Source Link:- https://www.papermarket.co.in/revolutionizing-hydraulics-in-the-paper-pulp-industry/
06 March 2025
The EU Waste Shipment Regulation requires non-OECD countries to notify the European Commission by February 21, 2025, about importing non-hazardous EU materials. 24 countries, including Bangladesh, Egypt, and India, have successfully submitted their notifications. This aims to improve waste management and prevent illegal trafficking. Meanwhile, Europe faces a decline in paper production and increasing exports, particularly to India, which saw a 50% rise in imports in 2023. EURIC supports these efforts for better recycling practices.
Source Link:- https://papermart.in/india-among-24-nations/
05 March 2025
The U.S. Department of Commerce has announced a preliminary anti-dumping duty of 20.07% on Canadian softwood lumber imports for 2023, following a review of unfair trade practices. U.S. industry leaders, including the U.S. Lumber Coalition, strongly criticized Canada's pricing practices, arguing that they harm U.S. companies, workers, and communities. They support the Trump administration’s enforcement of trade laws, asserting that Canada’s subsidies and dumping suppress U.S. lumber production and jobs. With increased U.S. production capacity, the industry can meet nearly all domestic lumber demand, and trade law enforcement is seen as essential to further growth. The U.S. Lumber Coalition emphasizes that strong enforcement will ensure fair competition and continued expansion of U.S. lumber production.
Source Link:- https://www.pulpapernews.com/en/node/16475
05 March 2025
The American Forest & Paper Association (AF&PA) expressed concern about the impact of new 25% tariffs on products from Canada and Mexico, announced by President Donald Trump. AF&PA President and CEO Heidi Brock highlighted that these tariffs could disrupt the complex, cross-border supply chains crucial to the pulp and paper industry. The manufacturing process relies on collaboration across borders, including sourcing raw materials from Canada. With over 925,000 U.S. workers in the forest products industry, AF&PA urges continued dialogue with the administration to avoid long-term disruptions to U.S. pulp, paper, and packaging manufacturing. The association also emphasizes the industry's role in the U.S. economy, contributing $350 billion annually and supporting rural communities.
Source Link:- https://www.paperage.com/2025news/03-04-2025afpa-says-tariffscould-disrupt-paper-industry-complex-supply-chains.html
04 March 2025
Domtar's Nekoosa mill has launched a new on-site precipitated calcium carbonate (PCC) plant in collaboration with Omya, addressing supply chain challenges caused by a 2020 regional PCC plant closure. The plant, operational since September 2024, ensures a stable, cost-effective, and sustainable supply of PCC, reducing transportation emissions and increasing operational efficiency. The project, which involved significant investment, will also lower Domtar’s carbon footprint and provide greater flexibility in paper production. This collaboration highlights Domtar’s commitment to sustainability and innovation in the paper industry.
Source Link:- https://www.paperadvance.com/news/industry-news/domtar-opens-new-pcc-plant-to-strengthen-paper-production.html
04 March 2025
Pritzker Private Capital (PPC) has signed an agreement to acquire Buckman, a family-owned leader in specialty solutions for water treatment and industrial processes. PPC will invest alongside the Buckman family and management to support growth, innovation, and market expansion. Buckman, founded in 1945, operates globally, serving industries such as chemicals and water processing. CEO Junai Maharaj and the current leadership will remain in place. The partnership aims to drive international growth and digital innovation. The transaction, expected to close in Q2 2025, marks a significant step in Buckman's future expansion.
Source Link:- https://www.paperage.com/2025news/03-03-2025pritzker-private-capital-agrees-to-acquire-buckman.html
03 March 2025
Haber has appointed Ms. Nilanjana Bhattacharyya as Vice President of Growth and Customer Success for Digital Products & Solutions. With a strong background in customer-centric solutions and industrial automation, she will lead the company’s expansion in the pulp, paper, and packaging sector. Ms. Nilanjana, an alumna of BITS Pilani and MIT, has experience at McKinsey and Innovaccer. She will focus on promoting Haber’s AI-driven tools, Kaiznn™ and Mt. Fuji®, to optimize production and process efficiency. Her leadership will be crucial in advancing Haber’s AI-driven automation and driving growth in the industry.
Source Link:- https://papermart.in/haber-appoints-nilanjana-bhattacharyya/
03 March 2025
India's paper industry, ranked 15th globally, is growing rapidly with a demand of 23 million tonnes and a capacity of 25 million tonnes. By 2047, the industry is expected to embrace a circular economy with increased recycling, sustainable practices, and use of alternative fibers. As digital transformation evolves, the focus will shift to high-value, eco-friendly products. Technological advancements and consumer demand for sustainability will drive innovation. The industry’s future will depend on adapting to changing regulations, consumer behavior, and market opportunities.
Source Link:- https://thepulpandpapertimes.com/news/my-knowledge/indian-paper-industry-2208
27 February 2025
Irving Paper in Saint John, New Brunswick, is permanently shutting down 50% of its operations, citing rising electricity rates. The closure affects 140 employees, with support efforts underway. The company is working with the provincial government to sustain the remaining operations before a 10% electricity rate hike in April 2025. Irving Paper exports to 65 countries and supports over 300 suppliers in the region.
Source Link:- https://www.paperage.com/2025news/02-26-2025irving-paper-to-shut-down-50-percent-of-operation.html
27 February 2025
West Coast Paper Mills Ltd. (WCPML) saw its turnover drop to Rs. 2,427 Crores in FY 23-24, down from Rs. 2,605 Crores in the previous year, due to rising wood costs, lower paper prices, and a major Q3 breakdown at its Dandeli facility. Production declined 3.54% to 303,766 MT, while sales volumes dipped 1.74% to 304,950 MT. Despite challenges, Operating EBITDA margin stood at 25.91%. To strengthen operations, WCPML is investing in process improvements, specialty products, and sustainability initiatives. The company also reported exports of 2,297 MT worth Rs. 18 Crores (FOB).
Source Link:- https://thepulpandpapertimes.com/news/industry-news/rising-wood-2204
25 February 2025
Koehler Paper has partnered with organic meal provider pack&satt to introduce a sustainable paper packaging solution for ready-to-eat meals. Pack&satt’s “einpott” meals are now packaged using Koehler’s **NexPlus® Advanced** flexible paper, which offers excellent barrier properties against oxygen, mineral oil, and grease. This switch from glass jars to recyclable paper aligns with pack&satt’s sustainability goals and growing consumer demand for eco-friendly packaging. The paper’s recyclability has been validated by independent organizations. This collaboration reflects a broader industry shift toward reducing plastic waste and promoting circular value creation in food packaging.
25 February 2025
Suzano, the world’s largest hardwood pulp producer, has announced price increases for its hardwood pulp effective March. Prices will rise by $20 per ton in Asia and $60 per ton in Europe and North America, bringing European prices to $1,220 per ton. This marks the second consecutive monthly price hike after similar increases in February. Suzano operates eight pulp mills in Brazil with a total annual production capacity of 13.5 million tons.
Source Link: https://www.paperage.com/2025news/02-24-2025suzano-announces-price-increases-for-hardwood-pulp.html
24 February 2025
In 2024, U.S. recovered paper exports fell 11% to 12.07 million metric tons. India was the top importer, receiving 2.09 million metric tons (17% of total exports). Old corrugated containers (OCC) made up 68% of exports, followed by mixed paper (15%) and high-grade deinked paper (10%).
Source Link:- https://www.paperadvance.com/blogs/resourcewise/u-s-recovered-paper-exports-down-11-in-2024.html
24 February 2025
Cascades Inc. reported improved Q4 2024 results, with sales up to $1.211 billion and EBITDA rising 20% to $146 million. Despite a net loss of $13 million, adjusted earnings reached $25 million. Favorable pricing and raw material costs drove growth, but potential Canada-U.S. tariffs pose risks. Cascades is focusing on efficiency, debt reduction, and long-term growth strategies.
21 February 2025
Sylvamo is investing $145 million to upgrade its South Carolina facilities, enhancing efficiency and production capacity. $100 million will modernize a paper machine at the Eastover mill, increasing uncoated freesheet output by 60,000 tonnes annually by 2026. $45 million will go toward a new sheeter at the Sumter plant, improving cost efficiency and flexibility. Additionally, Sylvamo is outsourcing its Eastover woodyard operations in a 20-year partnership, avoiding $75 million in capital spending. The Eastover mill, one of the most advanced in the world, continues to be a key part of Sylvamo’s competitive strategy
Source Link:- https://papermart.in/sylvamo-announces-usd-145-million/
21 February 2025
SIG is advancing sustainable packaging with a goal to develop an 85% paper-based full-barrier aseptic carton by 2025 and 90% by 2030. The company reported strong 2023 revenue growth of 18.5%, driven by aseptic cartons, bag-in-box, and spouted pouch solutions. SIG is expanding globally, with new aseptic carton plants in India and Mexico, alongside increased capacity in China, the USA, and Europe. In India, SIG partnered with Parlé Agro, opened a bag-in-box and spouted pouch plant in Palghar, and is set to launch its first aseptic carton plant by late 2024. Sustainability remains a priority, with FSC-certified paperboard for aseptic cartons and a focus on recyclable packaging solutions.
Source Link:- https://thepulpandpapertimes.com/news/international/sig-sets--2202
20 February 2025
Metsä Tissue, part of Metsä Group, has submitted a planning application for a new tissue paper mill in Goole, England. If approved, the state-of-the-art facility will produce 240,000 tonnes of fresh fibre-based tissue paper annually, creating over 400 jobs and benefiting the local economy. The project aims to boost UK self-sufficiency in tissue production from 60% to 85%, reducing imports and transportation needs. As part of Metsä Tissue’s Future Mill programme, the mill will incorporate advanced technologies to enhance efficiency and sustainability, aligning with the company’s goal of fossil-free production by 2030.
20 February 2025
The AF&PA January 2025 Printing-Writing Monthly report shows a 7% decline in total printing-writing paper shipments compared to January 2024. U.S. purchases increased 10% in December 2024 (latest data available), while inventory levels dropped 1% from the previous month. Shipments varied by category: Uncoated Free Sheet (UFS) fell 9%, Coated Free Sheet (CFS) declined 5%, and Mechanical (MECH) paper rose 2%. For the full report, contact Statistics_Publications@afandpa.org or 202-463-4716.
18 February 2025
Nippon Paper, Sumitomo Corporation, and Green Earth Institute have launched Morisora Bio Refinery LLC to produce bioethanol and biochemicals from woody biomass. Set to begin in 2027 at Nippon Paper's Iwanuma Mill, the plant will support Japan’s push for Sustainable Aviation Fuel (SAF) by producing 1,000 kiloliters of bioethanol annually. This initiative aligns with Japan’s carbon neutrality goals for 2050, promoting decarbonization and energy security through sustainable forestry and low-carbon production.
Source Link: https://www.paperadvance.com/bioeconomy/biofuels/nippon-paper-enters-biofuel-market-with-new-jv.html
18 February 2025
Shandong Chenming Paper Holdings (SCPHL) is a leading Chinese pulp and paper manufacturer with an annual capacity of 11 million tonnes. In 2023, it faced high costs and weak demand, leading to a net loss despite RMB26,609 million in revenue. The company remains focused on its pulp-paper integration strategy, market expansion, and efficiency improvements. In 2024, SCPHL aims to strengthen customer relations, optimize operations, and invest in production upgrades to boost profitability.
Source Link: https://thepulpandpapertimes.com/news/international/shandong-chenming-paper-2200
17 February 2025
The Washington Department of Ecology (DoE) has proposed regulating inadvertent polychlorinated biphenyls (iPCBs) in printing inks, despite past opposition from the PRINTING United Alliance. Earlier attempts to impose stricter limits were blocked, and the EPA rejected a 2024 petition to tighten iPCB regulations, citing insufficient evidence. Unexpectedly, DoE included inks in its latest Safer Products draft report, claiming alternatives exist, but without legal justification. The Alliance strongly opposes the move, arguing that inks are not a significant iPCB source and that regulation could harm Washington’s $3 billion printing industry, which employs over 13,000 people. The Alliance continues to fight against undue restrictions.
Source Link: https://www.paperage.com/2025news/02-14-2025washington-state-moves-to-ban-most-printing-inks-ag
17 February 2025
Satia Industries Limited (SIL), a leading wood and agro-based paper manufacturer in India, reported revenues of INR 3,758 million for Q3FY25, reflecting a 10% QoQ growth but a 14% YoY decline due to pricing challenges from increased imports and muted demand. For 9MFY25, revenue stood at INR 11,153 million, with a steady volume growth of 1.4% YoY. Despite market pressures, the company maintains a healthy order book. SIL anticipates improved conditions in Q4FY25 due to seasonal demand, price recovery, and lower fuel costs. The PM3 renovation and soda recovery boiler projects are progressing, and the company plans to expand its cutlery business by adding 10 molding machines to support eco-friendly alternatives to plastic.
Source Link: https://thepulpandpapertimes.com/news/industry-news/satia-industries-2198
13 February 2025
International Paper (IP) has appointed David Robbie to its board of directors, effective February 11, 2025, following its acquisition of DS Smith. Robbie, formerly a senior independent director at DS Smith, brings extensive financial and governance expertise, having held leadership roles at easyJet, First Group, and Rexam PLC. He will serve on IP’s Audit and Finance, as well as Public Policy and Environment committees. With this addition, IP's board now has 11 members, 10 of whom are independent. The company, a leader in sustainable packaging, recently expanded its global presence with the DS Smith acquisition.
13 February 2025
The Middle East Paper Company (MEPCO), the largest paper manufacturer in MENA, faced a 27% revenue drop in 2023 due to lower prices and rising costs but is rebounding in 2024 with improving margins and increased demand. Expanding its core business with the PM5 production line and Juthor tissue plant, MEPCO plans to boost production with a SAR 345 million investment in a new tissue machine. Its recycling subsidiary, WASCO, remains a leader in sustainable waste management. With strategic investments and market expansion, MEPCO aims for growth, profitability, and environmental sustainability.
Source Link: https://thepulpandpapertimes.com/news/international/mepcos--2196
12 February 2025
Stora Enso achieved a 53% reduction in Scope 1 and 2 emissions by the end of 2024, surpassing its 2030 target of a 50% reduction from the 2019 baseline. This progress was driven by fuel switches, energy efficiency improvements, and site closures. The company aims to maintain this level until 2030 while seeking further reductions. Additionally, Stora Enso is committed to cutting Scope 3 emissions by 50% through collaboration with suppliers and customers, reinforcing its long-term sustainability goals.
12 February 2025
The new EU Waste Shipment Regulation 1157/2024 (WSR) threatens global recycling markets by restricting exports of recycled materials to non-OECD countries unless they meet strict criteria by February 2025. With key buyers unprepared and outreach insufficient, EuRIC warns of severe disruptions, increased landfilling, and a weakened EU recycling industry. To prevent market collapse, EuRIC urges the European Commission to extend deadlines, improve engagement with third countries, and ensure a smooth transition to the new rules.
11 February 2025
Parason has appointed Mr. Arvind Singhal as the CEO of its Pulp and Paper Division and a Board member. With over 30 years of experience and a strong academic background, including an Executive MBA from Kellogg and an M.S. in Paper Science, Mr. Singhal is expected to drive growth, innovation, and operational excellence. His leadership will help Parason strengthen its industry position while contributing to the Make in India vision.
11 February 2025
Star Paper Mills Limited (SPML) reported satisfactory financial results for FY 2023-24 despite sluggish demand, intense competition, and rising wood costs. The company achieved a turnover of Rs. 444.47 Crores, with profit after tax (PAT) at Rs. 64.00 Crores, slightly down from Rs. 65.67 Crores in FY 2022-23. While lower global pulp prices impacted domestic realizations, a drop in coal prices provided some relief. SPML continues to promote social farm forestry, enabling the plantation of 43.86 lakh seedlings. Future plans include developing new paper grades, optimizing resources, and cost reduction through new vendor development.
10 February 2025
Approximately 95 workers from the U.S. forest products industry, representing the Pulp and Paperworkers' Resource Council (PPRC), met with Congress and government agencies in Washington, D.C., to discuss key industry challenges. They advocated for sensible environmental regulations, including revisions to air permitting rules, recognition of biomass carbon neutrality, improved forest management, targeted recycling policies, ESA reform, and the beneficial use of mill residuals. The PPRC emphasized the industry's economic importance, employing 925,000 people and contributing 5% of U.S. manufacturing GDP, while balancing environmental sustainability and economic stability.
10 February 2025
ITC-PSPD’s Q3 FY25 profit fell 30.6% YoY to INR 205 crore despite a 3.1% revenue rise to INR 2,144 crore, hit by low-priced imports, weak demand, and rising wood costs. The company is mitigating challenges through portfolio expansion, exports, and cost management, with strong growth in Value-Added Paperboards and the launch of ‘FiloBev Mini’, a plastic-free cup alternative. Efforts to address wood shortages, boost sustainability, and engage policymakers continue, while ‘Classmate’ notebooks strengthened their market position through premiumization and digital innovation.
06 February 2025
International Paper (IP) acquired DS Smith for USD 7.2 billion on January 31, 2025, forming a global leader in sustainable packaging solutions. The acquisition involved issuing approximately 179.8 million new IP shares at a ratio of 0.1285 shares per DS Smith ordinary share. The newly combined company will be listed on the New York Stock Exchange and later on the London Stock Exchange. IP aims to expand in North America and Europe, enhancing its market position. CEO Andrew Silvernail highlighted that the merger will drive growth, profitability, and customer service excellence with a strong focus on sustainability.
06 February 2025
ITC has emerged as the leading contender to acquire Century Pulp and Paper (CPP) from the Aditya Birla Group, offering Rs 3,000-3,500 crore. West Coast Paper Mills is also competing closely. The deal is in its final stages, with a decision expected soon. CPP, which has a 480,000-tonne annual production capacity, manufactures writing, printing, copier, tissue paper, and paper board, serving industries like consumer goods, pharmaceuticals, cosmetics, and cigarettes. The Aditya Birla Group aims to free up capital for its diverse business ventures. JK Paper was initially interested but is no longer in contention.
31 January 2025
Greif announced the permanent closure of its Fitchburg, Massachusetts, mill and the shutdown of the A1 paperboard machine in Austell, Georgia, by mid-2025. The decision, affecting 140 jobs, is driven by rising costs and declining demand in key markets. These closures will reduce Greif’s containerboard capacity by 100,000 tons and URB capacity by 90,000 tons. Despite the impact, the company remains focused on optimizing profitability and market participation.
Source Link: https://www.paperage.com/2025news/01-30-2025greif-to-close-fitchburg-containerboard-mill.html
31 January 2025
The Indian paper industry is set for steady growth, driven by rising literacy, FMCG demand, and government initiatives. Writing & printing paper demand is expected to grow 3-5% CAGR by FY 2025, while tissue paper will expand at 11-13% CAGR. Investments of ₹25,000 crore in modern technology and sustainability boost the sector. With per capita consumption still low, demand is projected to reach 30 million tonnes by FY 2027, fueled by e-commerce and eco-friendly packaging.
Source Link: https://thepulpandpapertimes.com/news/my-knowledge/indian-paper-industry-2188
30 January 2025
Swedish startup Adsorbi has secured €1 million in funding to build a pilot plant in Gothenburg and expand its customer base for its cellulose-based air purification material. The investment comes from Metsä Spring, Chalmers Ventures, Jovitech Invest, and Sweden’s Innovation Agency. Adsorbi’s sustainable material, derived from Nordic wood cellulose, serves as an eco-friendly alternative to activated carbon for capturing air pollutants. The funding will support scaling production and product development amid stricter EU air quality regulations. With industry partnerships and a strong sustainability focus, Adsorbi is emerging as a leader in innovative air purification technologies.
30 January 2025
Voith has secured a three-year extended service contract with DS Smith for the Kemsley mill in the UK, covering stock preparation across four production lines. The mill, which produces 830,000 tonnes of corrugated case materials, speciality papers, and kraftliners annually, aims to enhance efficiency and sustainability. DS Smith is upgrading its fiber preparation line, with Voith supplying a new drum pulper as part of equipment modernization. Voith’s services include inspections, maintenance, and refurbishment, helping maximize equipment lifespan and optimize performance. Their proactive approach supports DS Smith’s goal of achieving zero waste to landfill by 2030.
29 January 2025
Packaging Corporation of America (PCA) reported Q4 2024 net income of $221M ($2.45 per share) on $2.1B in sales, up from $1.9B in 2023. Full-year 2024 net income reached $805M ($8.93 per share) with $8.4B in sales, reflecting growth in the Packaging segment due to higher prices, volume, and strong demand. Corrugated product shipments rose 9.1% year-over-year, setting new records. Looking ahead, PCA expects Q1 2025 earnings of $2.21 per share, with seasonally slower demand but record shipments in Packaging. Containerboard production will be impacted by maintenance outages, while costs are expected to rise due to inflation, energy, and labor expenses. PCA remains a top-three containerboard producer in North America with eight mills and 86 facilities.
29 January 2025
JMC Paper Tech has inaugurated Balaji JMC Paper Mill, Mexico’s first Indian paper mill, in Ciudad Juárez. This $60 million project features a 200 TPD Kraft test liner machine with advanced automation, producing 100% recycled paper. A tri-national collaboration between India, Mexico, and the USA, the mill creates 1,200 jobs and promotes sustainable manufacturing. Future plans include a $500 million investment over the next decade to expand operations and diversify products, reinforcing Mexico’s position as a hub for eco-friendly industrial growth.
27 January 2025
International Paper and DS Smith have agreed to an all-share combination, with DS Smith shareholders set to receive new International Paper shares upon the Scheme’s approval, expected to take effect on 31 January 2025. The European Commission has conditionally approved the merger, requiring International Paper to divest specific box plants in France, Portugal, and Spain. The merger will create a global leader in sustainable packaging, focusing on growth in North America and EMEA regions. Final steps include court approval and regulatory compliance. International Paper, a global packaging leader with 39,000 employees, is headquartered in Memphis, Tennessee.
27 January 2025
B&B Triplewall Containers Limited, a leader in India’s corrugated box industry, expanded into Kraft paper production with a new facility in Tamil Nadu starting operations in August 2024. The company achieved ₹37,451.51 lakhs in revenue for FY 2023-24, reflecting consistent growth. Known for quality and innovation, B&B uses advanced automation and eco-friendly technology to attract major clients. Its focus on high-quality, sustainable packaging aligns with industry trends, positioning it for continued leadership in the Indian packaging market.
24 January 2025
International Paper has appointed Joy Roman as Senior Vice President, Chief People and Strategy Officer, effective February 1, 2025. This new role integrates talent development, corporate strategy, sustainability, and communications to align people and strategy. Roman brings extensive experience from leadership roles at Berry Global, 3M, and De Beers, as well as a background in management consulting with McKinsey & Company. CEO Andy Silvernail highlighted her expertise in HR and strategy as key to driving growth and fostering a performance culture. International Paper is a global leader in sustainable packaging and fiber-based products with 39,000 employees worldwide.
24 January 2025
The Fedrigoni Group has appointed Gregory Boisson as General Manager for Fedrigoni Special Papers North America. Boisson, who has extensive leadership experience in various roles at Imerys since 2008, will oversee the development of the Mohawk, Fedrigoni, and myCordenons brands in North America. Reporting to EVP Francois Gilbart, Boisson will also join the Group's Leadership Team. This new role highlights Fedrigoni's commitment to expanding in the North American market, a key part of its global strategy. Founded in 1888, Fedrigoni specializes in labels, luxury packaging papers, and connected solutions.
22 January 2025
The Indian paper industry is grappling with rising wood and pulp prices, global supply constraints, and a depreciating INR, driving up raw material costs. Leading mills, including BGPPL and Bindals Papers, have announced price hikes of ₹1,000–1,500/MT effective February 2025 to offset these pressures. Despite challenges, experts remain optimistic about India’s graphic paper demand, driven by demographic growth, education initiatives, and a strong economy. However, reliance on imports and global market fluctuations necessitate ongoing price adjustments.
21 January 2025
Valmet will deliver a third Advantage ThruAir Drying (TAD) tissue machine to Irving Consumer Products' Macon, Georgia mill, enhancing its capacity to produce ultra-premium tissue products for the North American market. Scheduled for a 2027 startup, the $600 million Phase 3 expansion includes new converting lines, a fully automated warehouse, and will create 100 jobs. This builds on a strong partnership between Valmet and Irving, following the successful installation of two TAD machines in 2019 and 2021. The new production line will increase Irving's annual tissue production by 75,000 tons, solidifying its role as a leading household paper and baby diaper producer in North America.
21 January 2025
Chilean pulp and paper producer CMPC has announced the nomination of Bernardo Larraín Matte as its new Chairman, following his renewal as a Board member. In a statement, CEO Francisco Ruiz-Tagle Edwards confirmed the Controlling Group's decision to support Larraín Matte’s appointment during the April shareholders' meeting. Current Chairman Luis Felipe Gazitúa Achondo, who has served since 2016, will step down and not seek re-election to the Board. Founded in 1920, CMPC specializes in solid wood, pulp, paper, tissue, personal care, and packaging products across Latin America.
20 January 2025
Reifenhäuser, a leading global supplier of plastics extrusion technology, has opened its new Asia-Pacific Head Office in Bangkok, Thailand. The facility will centrally manage sales, service, and aftermarket activities for the Southeast Asian region, providing faster access to spare parts through a local warehouse and logistics center. This expansion aligns with Reifenhäuser's "Close to our customers" strategy to better meet market needs and foster long-term partnerships. Marcel Perrevort, CSO of Reifenhäuser Group, emphasized the importance of geographical proximity in supporting the region's rapid market growth.
20 January 2025
The American Forest & Paper Association (AF&PA) released its December 2024 Printing-Writing Monthly report, noting a 3% increase in total printing-writing paper shipments compared to December 2023. U.S. purchases of these papers grew 1% in November 2024, while inventory levels remained stable (+0.2%). Year-to-date (YTD) U.S. net imports rose 13%, with uncoated free sheet (UFS) and coated free sheet (CFS) imports increasing by 17% and 60%, respectively. The AF&PA, a key advocate for the U.S. forest products industry, highlights its commitment to sustainability through its "Better Practices, Better Planet 2030" initiative. The industry contributes 5% of U.S. manufacturing GDP and employs about 925,000 people.
16 January 2025
Hengan International Group has started its second TADVISION® tissue machine from Toscotec, making China’s first two TAD machines operational. These machines set a new quality benchmark with superior bulk, softness, and absorbency. Hengan’s premium RONGLIFANG tissue series, launched in 2024, has gained strong market attention, further strengthening its partnership with Toscotec.
16 January 2025
India's paper-based stationery market, valued at INR 16,200 crore, is projected to reach INR 28,700 crore by 2030, driven by education and corporate demand. Sundaram Multi Pap Limited (SMPL), with 40+ years of expertise, remains focused on local sales despite rising exports. CEO Hardik Shah expects strong market growth for the next two decades, though pricing instability and limited acceptance of brown paper remain challenges. The New Education Policy (NEP) is expected to boost printing demand gradually.
15 January 2025
The forest products industry experienced significant changes in 2024, including market shifts and biofuel innovations. Key predictions for 2025 include a focus on supply chain transparency, with stricter regulations and voluntary carbon standards influencing timberland value. Eastern and Western economies are expected to continue diverging, impacting trade and investments. The U.S. South is set to attract global pulp mill investments due to competitive costs, while the lumber market is projected to rebound in late 2025. Rising fiber costs in the Nordics may lead to pulp mill closures, and AI adoption will be critical for industry competitiveness.
15 January 2025
Flint, a Singapore-based startup, has developed a biodegradable paper battery that is lighter, cheaper, and as durable as lithium-ion batteries. It biodegrades in six weeks and uses renewable materials, offering a safer, more sustainable energy storage solution. Flint recently raised $2 million to commercialize the technology.
14 January 2025
Kadant Black Clawson has promoted Kenny Leathers to president, overseeing operations in Lebanon, Ohio, including sales, marketing, R&D, manufacturing, and customer service. Previously vice president of sales and marketing, Leathers brings experience from leadership roles at Eaton, Honeywell, and Premier Systems Integrators. He succeeds Chris Demler, now vice president of Kadant's fiber processing business. Kadant Black Clawson specializes in fiber processing and recycling equipment for the paper industry.
14 January 2025
The Indian kraft paper market in FY 2024 faces oversupply, low consumption, and fluctuating prices due to raw material challenges. Export volumes have declined, with prices below sustainable levels, while rising imports and the Red Sea Crisis have further strained the industry. Vamshadhara Paper Mills Ltd., led by Mr. Pankaj Mishra, remains committed to sustainability and quality despite market challenges.
13 January 2025
The 2025 TAPPI Nano Conference is inviting abstract submissions by 5 February 2025 in three focus areas: molded and formed biosourced materials, cellulose product handling and quality, and biobased coatings. A Student Poster Competition will also be held, allowing students and young professionals to showcase their research, with cash prizes awarded. All submissions will be peer-reviewed by the conference co-chairs and Nano Division Research Subcommittees.
13 January 2025
Metsä Tissue plans to invest in and adjust capacity at its Kreuzau mill in Germany to enhance competitiveness and profitability. The plan includes efficiency improvements, equipment modernization, and closing one paper machine, potentially impacting up to 120 jobs. The mill will focus on consumer tissue products, with discussions ongoing with the works council.
10 January 2025
Smurfit Westrock has introduced a 100% paper-based pallet wrap made from recyclable Nertop® Stretch Kraft paper, offering a sustainable alternative to polyethylene stretch wrap. This innovation, part of the company's Better Planet Packaging portfolio, reduces environmental impact while maintaining strong performance, even in humid conditions. Encirc, a UK glass supplier, was the first to adopt the wrap and recognized Smurfit Westrock as a Sustainability Champion for its CO2-reducing potential. The wrap is produced at Smurfit Westrock’s Nervión paper mill in Spain.
10 January 2025
Billerud is strengthening its paperboard market position in North America and advancing plans for a bleached chemi-thermomechanical pulp (BCTMP) mill in Norway. Despite challenges in 2023, including high inventory levels, rising input costs, and lower sales, the company remains optimistic for 2024 as demand recovers. Price increases for containerboard, sack, and kraft paper have helped offset cost pressures, especially in Europe where pulpwood prices remain high. Billerud continues to focus on strategic investments, efficiency improvements, and expanding its presence in sustainable packaging solutions.
09 January 2025
Metsä Group's tissue paper business plans to enhance the long-term competitiveness of its Kreuzau mill in Germany by modernizing production equipment, improving efficiency, and closing an aging paper machine. The mill will focus solely on consumer tissue products to strengthen its position in sustainable tissue manufacturing. These changes could affect up to 120 jobs, with negotiations ongoing. Metsä Tissue remains committed to sustainable innovation while serving Central European markets with fresh fiber-based tissue products.
09 January 2025
Huhtamaki has appointed Ralf K. Wunderlich as President and CEO, effective January 15, 2025, succeeding Charles Héaulmé, who will assist with the transition until July 2025. Wunderlich brings extensive packaging industry experience, having held leadership roles at Amcor, LINPAC Group, and Rio Tinto Alcan. He has served on Huhtamaki's Board since 2018. Huhtamaki specializes in sustainable packaging solutions.
08 January 2025
Mondi is progressing well with its €20 million investment programme at its Neusiedler uncoated fine paper mills in Austria, aimed at improving energy efficiency, operational safety, and reducing greenhouse gas emissions by 20%. Key upgrades at the Kematen mill include a recovery boiler rebuild, a pulp dryer upgrade, a new steam accumulator, and a revamped steam turbine to enhance energy efficiency and electricity production. The Theresienthal site has also received enhancements, such as an improved steam and condensate system and increased automation. The project, funded by Mondi with support from the European Union’s NextGenerationEU initiative, is expected to deliver full benefits by early 2025.
08 January 2025
A study by the Fraunhofer Institute for Process Engineering and Packaging IVV in Germany has revealed that peatland plants, such as reed, peat moss, and reed canary grass, can serve as sustainable raw materials for paper packaging products like folding boxes and trays. With low lignin content, these plants offer an eco-friendly alternative to wood-based packaging. The research, part of the Fraunhofer Biogenic Value Creation and Smart Farming initiative, is supported by multiple German ministries. The plants are grown in rewetted peat bogs and fens, aligning with the EU Nature Restoration Law requiring the restoration of 30% of wetlands and other natural areas by 2024.
07 January 2025
Mercer Peace River, a pulp mill in Alberta, Canada, achieved a TRIR of 0.0 over 12 months, reflecting its commitment to safety through the MissionZERO program. This success, marked by proactive measures and leadership development, improves the company's industry reputation and operational safety standards.
07 January 2025
Jani Sales, founded in 1979 as a trading company for paper products, has grown into a global business with manufacturing operations across India. Initially focusing on kraft paper, the company expanded into recycled and virgin paper grades and pioneered exports to the Middle East. Currently, Jani Sales trades over 3.5 lakh metric tons of waste paper annually and operates one of the largest MG machines in India with a capacity of 100 MT/day. Recently, they launched a second tissue line (PM2) in Gujarat, operational from Q3 2024, with a capacity of 60 MT/day, targeting both domestic and international markets. Director Abiali Jani emphasizes the company’s focus on sustainability, expanding market presence in India, Southeast Asia, and Africa, and plans for further manufacturing lines based on market demands.
