SCA to increase Kraftliner price by €50 per tonne

Tredegar Surface Protection announced that it has commissioned a state-of-the-art manufacturing line for developing innovative surface protection films. Recognized for its industry-leading quality and supply reliability, Tredegar Surface Protection plays a critical role in protecting the sensitive surfaces of optical films used in displays and other substrates during manufacturing, converting and transportation. In response to increased demand for high-quality surface protection films and faster design cycles in the LCD and OLED markets, the Company has invested approximately $5 million for a scale-up line in its Richmond Technical Center located in Richmond, Virginia. “New technologies such as 8K resolution and foldable displays are driving the need for new surface protection films that meet increasing quality and performance requirements. This scale-up line will enable us to commercialize new products faster to ensure we can satisfy industry quality requirements and keep pace with the rapid introduction of new models in the mobile phone and television markets,” said Bapi DasGupta, President of Tredegar Surface Protection. “Tredegar Surface Production has a long track record of supplying innovative high-quality materials for masking applications, and this expansion will enable us to continue our tradition of providing increased value to improve our customers’ productivity and bottom line.”

Cherat Packaging Limited, the largest producer and supplier of packaging to the cement industry in Pakistan with a capacity of 600 million bags annually, has made over half a billion cement bags with Mondi’s Advantage Select sack kraft paper in more than 15 years of partnership. Working together exclusively with Mondi, Cherat Packaging switched production from three-ply to mainly two-ply bags, which has reshaped the market and allowed considerable material and cost savings without compromising strength or quality. The company has country-specific exclusive rights to use Mondi’s brown sack kraft paper to produce high quality cement bags and has bought only Mondi paper for it’s use since 2002. In industrial applications especially, the use of paper bags in primary packaging is gaining traction, thanks to their flexibility and high performance credentials. Having partnered with Mondi since 2002, Cherat Packaging Limited was looking for paper alternatives to satisfy its customers’ growing demand for strong, high quality cement bags. Click Read More below for additional information.

Pratt Industries announced it would invest $400 million in a new 100% recycled paper mill in Henderson, Kentucky. This represents the largest single investment by the company in its history and will create more than 320 full time jobs plus an additional 700 in the construction phase. “It will be the world’s most advanced, environmentally-friendly 100% recycled paper mill,” said company owner and executive chairman Anthony Pratt. “And it means Pratt Industries will have built 6 of the last 8 paper mills in the United States.” Construction on the 450,000 sq ft mill would begin next March with a startup date scheduled for Fall 2023.