Kolkata, Nov 25 (UNI) The Indian Paper Industry is likely to grow at the rate of 12 per cent per annum for next 5 years and the overall paper consumption is projected to increase to 24 million tons in 2024-25 from 15 million tons currently.

Climate change is a global crisis that demands urgent action and requires every actor in society to play his/her part in responding to the crisis. Industries have both a duty and an opportunity to become more sustainable, more efficient and more innovative.

UPM Changshu paper mill in China is the first company in the region to begin electrifying its logistics chain by starting to use electric vehicles for deliveries.

The growth of the paper industry in India is phenomenal, from just 17 paper mills in 1950-51, with an installed capacity of 1.37 lakh tons of paper every year to 14 million tons in 2018 with 750 mills. However, the industry is still not able to meet.

Oji Holdings Corporation is pleased to announce that it has commenced joint procurement of imported woodchip, the main raw material of paper manufacturing business, through O&C Fiber Trading Co., Ltd., a joint venture company with Chuetsu Pulp & Paper Co., Ltd.and Mitsubishi Paper Mills Co., Ltd.

Fedrigoni S.p.A., an Italian and European leader in the production of specialty papers and high value-added products for packaging and fine printing and self-adhesive labels (“Pressure Sensitive Labels”), has signed an agreement to acquire the Ritrama group, an Italian multinational group specializing in self-adhesive products.

Trees can play a lead role in New Zealand’s transition to a low emissions economy, and this is reflected in a new request for research into innovative ways to use wood fibre, announced by Forestry Minister Shane Jones at the blessing of the new government forestry hub site in Rotorua today.

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