International Paper recently announced the closure of multiple facilities across the United States, resulting in extensive layoffs. This significant move is aimed at increasing profitability and operational efficiency, although it comes with considerable impact on employees and local economies. The
October 22, 2024Valmet, a global leader in the pulp and paper technology industry, has secured an agreement to deliver state-of-the-art dewatering elements to Al Dhafra Paper Manufacturing Company’s paper mill in Abu Dhabi, United Arab Emirates. Set for delivery in the second quarter of 2024, these elements are p
August 14, 2024The Saudi Paper Manufacturing Company (SPM) has announced the successful completion of its fractional shares sale, marking a significant milestone in its broader capital increase strategy. On April 25, 2024, the company’s Extraordinary General Assembly approved the capital increase, paving the way f
August 14, 2024In recent years, the intersection of sustainability and technological advancements has been reshaping the paper manufacturing industry, particularly its implications for the laminate sector. With paper and resin constituting essential raw materials in high-pressure laminate production, shifting
August 14, 2024The research conducted by Björn Öman, an industrial doctoral student at Karlstad University, aims to make paper manufacturing more energy-efficient, particularly focusing on the energy-intensive nature of producing grease-proof paper. This type of paper, known for its compact and impermeable b
August 13, 2024Last week, Lee & Man Paper Manufacturing Limited, listed on the Hong Kong Stock Exchange (HKG:2314), experienced a significant 4.8% gain in its stock price. This rise is notable in part due to the company's unique ownership structure, which is heavily dominated by insiders. Let's
August 2, 2024