News

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.

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.

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.

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.

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.