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آرشیو برچسب های: plastics

April Group invests in paperboard packaging mill in Indonesia

Leading sustainable fibre and product producer Asia Pacific Resources International Limited has strengthened its commitment to supporting the growth of the green economy in Indonesia. The company is set to expand its product portfolio in the downstream sector by investing IDR33.4 trillion in a sustainable paperboard production facility.

 

The construction of the new facility – which will be located at APRIL’s operations in Pangkalan Kerinci, in Riau province, Sumatra – is one of the largest manufacturing investments in Sumatra in the last decade. The investment is expected to support Indonesia’s continued economic development and recovery following the COVID-19 pandemic through the diversification of sustainable downstream fibre products with added value.

 

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Mercer International Inaugurates New Lignin Center at Rosenthal Pulp Mill in Germany

Mercer International  inaugurated the Mercer Lignin Center, which is located on the site of Mercer’s Rosenthal pulp mill in Germany.

“Our focus is on the full utilization of wood resources,” said Juan Carlos Bueno, CEO of Mercer International. “It is therefore only logical to exploit the often untapped potential of lignin.”

Mercer Rosenthal produces kraft pulp and has an annual production capacity is 360,000 ADMTs. In addition, the mill operates the largest solid biomass-based power plant in Thuringia (a state of central Germany), with a thermal capacity of more than 400 megawatts and an electrical capacity of 57 megawatts. An important biobased by-product of mill’s pulp production is tall oil, which replaces fossil products in the chemical industry. Lignin joins the mill’s existing portfolio of bioproducts.

 

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KKR to acquire measurement instrument provider Industrial Physics

KKR, a leading global investment firm, today announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Industrial Physics (or the “Company”), a leading manufacturer of testing and measurement instruments, from Union Park Capital (“UPC”). KKR plans to support the Company in its continued growth organically and through add-on acquisitions. Financial terms were not disclosed.

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