News

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.

Voith has launched MillOne, an intelligent ecosystem aimed at advancing the autonomous paper mill.

On March 12, Essity unveiled the world’s first tissue machine powered entirely by geothermal steam at its Kawerau, New Zealand facility.

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.

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.

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.

Port Hawkesbury Paper has begun construction on the Goose Harbour Lake Wind Farm in Nova Scotia, in partnership with RES.