MONTREAL, Sept 24, 2014 (Press Release) - Kruger Inc. has announced that it will stop production on the No. 1 Paper Machine and deinked pulp plant operations at its Brompton Newsprint Mill for an indefinite period, effective November 14, 2014. This decision, which is intended to rebalance the order book and improve the Mill's competitive position, will affect some 98 employees and reduce its annual newsprint production by 100,000 tonnes.Read more
But on Tuesday, Gentry said a new $105 million expansion to the pulp and paper mill will provide stability to the plant -- and to the county's finances.
"It's a shot in the arm," said Gentry at the groundbreaking of the project Tuesday. "I see the company pivoting with the times to grow."Read more
BRUSSELS, July 14, 2014 (RISI) - Russia's newsprint giant Kondopoga has stopped all its paper machines following a planned maintenance period at its gas supplier Gazprom. The mill will be out of production until July 17, Kondopoga said.
The firm said that it plans to do some maintenance work on its equipment during that period, too.
Kondopoga can produce up to 760,000 tonnes/yr of newsprint and 16,000 tonnes/yr of kraft paper on its seven PMs.Read more
Resolute Forest Products Inc. today announced that it will invest $10 million at its Mokpo, South Korea, paper mill to upgrade the facility's newsprint machine, which has an annual production capacity of 250,000 metric tons. The project is expected to be completed before the end of 2014 and will contribute significantly to enhancing the newsprint quality at the facility.Read more
According to the Swedish forest agency, during the first quarter of 2014, production of paper and paperboard as well as production of pulp fell by 5.5% and 2.4% respectively when compared with the same quarter of 2013.Read more