India

International Paper Agrees to Purchase Shares of Andhra Pradesh Paper Mills and announces Strategic Entry into India

March 29, 2011 by timbercommunity

International Paper has entered into agreements with Mr. L.N. Bangur, and related family members and affiliates to purchase approximately 53.5 percent of the outstanding shares of Andhra Pradesh Paper Mills Limite for approximately US$257 million in cash. In addition, International Paper has agreed to a US$62 million non-compete payment to the sellers. "APPM is an established and highly respected company in India, and is an excellent platform for International Paper to grow with the Indian paper and packaging markets," said John Faraci, chairman and chief executive officer of International Paper.

Have you heard about the BASIC countries? .

November 30, 2010 by timbercommunity

The BASIC group, reflects a new geopolitical coalition where the increasingly powerful emerging economies are reaching economic as well as political influence. The BASIC group wants world deal on climate change by 2011. In November 2009, Brazil, South Africa, India and China announced a joint strategy stating a common set of non negotiable terms and threatening to jointly walk out of the Copenhagen Climate Summit if any of these were violated.

CO2 emissions from deforestation have slowed up by 27 %

November 29, 2010 by timbercommunity

Researchers learned that CO2 emissions from deforestation have slowed by 27% since 2000 compared to the 1990s. This is primarly because the rate at which tropical rainforests in countries like Indonesia and Brazil are being cut down has slowed down; and strategies to encourage tree planting in Europe and Asia have helped provide a carbon sink so called because trees absorb CO2.

Avery Dennison Increases Packaging Capacity in India

November 24, 2010 by timbercommunity

Avery Dennison is increasing its commitment to grow the Indian packaging industry for the growing consumer market. Avery Dennison is once again expanding capacity and production of pressure-sensitive materials for labeling and packaging at its state-of-the-art plant in Pune according to a pressrelease.
Brand labeling plays an increasingly important role in South Asian consumer purchasing decisions.

UPM invests in emerging countries

June 29, 2010 by timbercommunity

UPM RAFLATAC OPENS DISTRIBUTION TERMINALS IN INDIA AND TURKEY
UPM Raflatac has opened two new slitting and distribution terminals, in Istanbul, Turkey and Bangalore, India. The new terminals will supply local labelling markets with high-quality film and paper labelstock. “India is a promising market for us, having the highest growth percentage for labelstock in the Asia-Pacific region,” says Santosh Kumar, Area Sales Director, South Asia, UPM Raflatac. “Through the new facility, our customers especially in South India will receive their orders faster and have a wider range of products at their disposal.”