News

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.

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.

ANDRITZ has signed an agreement to acquire A.Celli Paper, a leading supplier of machinery and technologies for the paper and nonwovens industries.

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.

Graphic Packaging will permanently close its Middletown, Ohio, coated recycled paperboard manufacturing facility by June 1, 2025, as part of its strategy to consolidate production into its Kalamazoo, Michigan, and new Waco, Texas, facilities.

Novolex has completed its $6.7 billion acquisition of Pactiv Evergreen, creating a leader in food, beverage, and specialty packaging.

Valmet is renewing its strategy and operating model to enhance growth and efficiency, creating business areas focused on capital equipment and aftermarket services.

Ballarpur Industries Limited (BILT), part of the Finquest Group, has appointed Dr. Alok Prakash as its new CEO.

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.

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.