WML announces major investment
In early 2021, Whakatane Mill Ltd (WML) was on the brink of closure. However, today, the company is thrilled to announce a significant investment upgrade, and progress is already well underway.
In early 2021, Whakatane Mill Ltd (WML) was on the brink of closure. However, today, the company is thrilled to announce a significant investment upgrade, and progress is already well underway.
The organization says low consumption of finished products has led to weakened demand for packaging material.
Asia Pulp & Paper (APP) Sinar Mas is considering the construction of a paper production facility in the Raigad district of the western Indian state of Maharashtra. The site in Dherand village identified for the facility will have a capacity to produce 1.2 million MT of paper products including printing paper, tissue and packaging board. By 2025, Asia Pulp & Paper intends to begin its enormous capacity in India to produce WPP, tissue, and packaging boards
What do recent pulp and paper investments in the PNW tell us about the region″s future?
The sluggish demand for recycled-based paper in India is also caused by excess capacity. Excess production of kraft paper is lowering the price and excess supply of paper is not creating a good vibe for the market.
The new paper machine will bring 200,000 tonnes of unbleached kraft paper into the industry per year