News

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.

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.

Parason has appointed Mr. Arvind Singhal as the CEO of its Pulp and Paper Division and a Board member.

Star Paper Mills Limited (SPML) reported satisfactory financial results for FY 2023-24 despite sluggish demand, intense competition, and rising wood costs.

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.

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.

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.

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.

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 Indian paper industry is set for steady growth, driven by rising literacy, FMCG demand, and government initiatives.