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Packaging market growth increase 23 May 2024 Innovations and demand drive expansion (CW Group) The global packaging market is poised for significant growth, with projections indicating an increase of USD 268.37 billion from 2024 to 2028, according to Technavio’s latest report, according to... Type: Article Category: Global Fedrigoni's strategic acquisition 23 May 2024 customer base. Marco Nespolo, CEO of Fedrigoni, highlighted the strategic benefits of the acquisition, emphasizing the expansion into new segments like textile and specialty graphics, and the addition of expertise in polyurethane films, which are vital... Type: Article Category: Europe & Central Asia China's Coal Demand: Renewables Rise 23 May 2024 years. Wind power generation doubled, while solar power generation tripled, driven by substantial investments in capacity expansion. However, hydro power generation stagnated due to consecutive years of low rainfall, impacting coal mining. The future of... Type: Article Category: Markets & trade GLT Ventures into Caribbean breakbulk 23 May 2024 Expansion plans unveiled with new barge acquisition (CW Group) GCaptain writes that The Great Lakes Towing Company (GLT) has acquired the Barge CRIMSON CLOVER and announced plans for a Caribbean Breakbulk/RORO service. GLT's acquisition of the 270’ x... Type: Article Category: Markets & trade Carter Lumber's expansion energizes Louisville market 22 May 2024 is set to bolster its presence in the Louisville, Kentucky market, as reported by Building Design & Performance (BDP). The expansion entails the opening of a new full-service lumberyard, marking a significant stride in catering to the needs of... Type: Article Category: Other Billerud shifts strategy, ends Esky expansion 22 May 2024 impact (CW Group) The Daily News writes that Billerud, a leading paper manufacturer, has announced the termination of its expansion plans in Escanaba, citing financial concerns and a shift in production strategy. Ivar Vante, Billerud's CEO, highlighted... Type: Article Category: North America Seshasayee Paper's strategic expansion move 22 May 2024 Unlocking growth potential amidst market challenges (CW Group) Seshasayee Paper and Boards Ltd is redefining its expansion strategy for the Erode unit following feedback from the Environment Ministry, writes Business Line. The company plans to enhance... Type: Article Category: India CONSOL Energy resumes coal shipments from Baltimore terminal 22 May 2024 company aims to accommodate larger vessels by widening the channel, currently cleared to about 350 feet wide but requiring expansion to 400 feet. Brock emphasized the significance of resuming shipments from the Baltimore terminal for CONSOL Energy's... Type: Article Category: Shipping & logistics PHINMA set to acquire Petra Cement 21 May 2024 Expansion deal set for completion (CW Group) PHINMA Corp., led by the Del Rosario family, is poised to acquire Petra Cement, a subsidiary of Big Boss Cement Corp., for PHP 500 million. According to Bilyonario, Philcement Corp., a subsidiary of PHINMA... Type: Article Category: Mergers & Acquisitions Uzbekistan to commission new cement production facilities 21 May 2024 to commission new cement production facilities with an annual capacity of 8 million tons, according to UZ Daily. This expansion will increase the country's total cement production capacity to 40.8 million tons per year, as reported by the... Type: Article Category: Markets & Competition New refinery project unveiled 21 May 2024 China Energy's strategic expansion in Serbia (CW Group) [PAID={"id":"21,22,23,24,25","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]China Energy International Group plans to build a EUR 2.4 billion oil... Type: Article Category: End-user Markets Muchuan's pulp expansion progresses 21 May 2024 early summer, the Muchuan County Modern Bamboo Industrial Park's key project—a technological transformation and capacity expansion to produce 150,000 tons of natural pulp annually—has entered the equipment installation and commissioning phase, writes... Type: Article Category: China Dalmia Bharat launches new cement mill at Ariyalur 20 May 2024 capacity brings Dalmia Bharat's total installed capacity to 45.6 million tons, including subsidiaries. This brownfield expansion is strategically aimed at meeting the region's cement demand while reinforcing the company's market position in the South.... Type: Article Category: Plant Expansions Eagle Materials plans to expand and upgrade Laramie cement plant 20 May 2024 investment will increase the plant's capacity by 50 percent, reaching approximately 1.2 million tons annually. This expansion is expected to result in a 25 percent reduction in manufacturing costs and nearly a 20 percent decrease in CO2 intensity.... Type: Article Category: Plant Expansions Chinese cement companies' clinker production capacity overseas rises 20 May 2024 plants established across 21 countries by the end of March this year, China continues to accelerate its international expansion efforts. Wei Lushan, Chairman of the World Cement Association and Vice President of China Building Materials Group,... Type: Article Category: Volume & Pricing Walki Group acquisition completed 20 May 2024 Pulpapernews.com. During OEP’s ownership, Walki experienced significant growth through strategic acquisitions and the expansion of its sustainable solutions. Marc Lindhorst, Partner at OEP, highlighted the firm’s role in enhancing Walki’s market... Type: Article Category: Europe & Central Asia Innovative OCC line expansion 20 May 2024 ANDRITZ to Enhance Indah Kiat’s Pulp Production (CW Group) International technology group ANDRITZ has secured an order from Indah Kiat Pulp & Paper TBK to deliver a comprehensive old corrugated containers (OCC) line, including a reject treatment... Type: Article Category: Europe & Central Asia Global expansion in pulp and paper 20 May 2024 APRIL Group acquires Indian tissue manufacturer (CW Group) [PAID={"id":"9,10,11","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]The Asia Pacific Resources International Ltd. (APRIL) Group, based in... Type: Article Category: India Major expansion at Michigan port 20 May 2024 Infrastructure and expansion projects reshape Burns Harbor (CW Group) Over USD 77 million in infrastructure and expansion projects are underway at Ports of Indiana-Burns Harbor, heralding a record construction season at the Lake Michigan port,... Type: Article Category: Ports & handling Economic boost from Huanghua Port 20 May 2024 Cangzhou Port drives regional economic growth and trade expansion (CW Group) Cangzhou Huanghua Port, strategically located at Bohai Bay in North China's Hebei Province, is becoming a pivotal force in the region's economic development, according to... 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