The company is also delivering an upgrade of the batch cooking and fiberline to the Indian mill

A revival plan for the mill is reportedly in works but continues to be stalled

Imports did not slowdown despite the economic and trade strains from the pandemic

Production had been idled since mid-March

The company has cut down the usage of plastic packaging across its supply chain

Demand has contracted sharply and manufacturers are struggling to resume production

The equipment is scheduled to be delivered in the second quarter

The value of the order was not disclosed

The company wants to improve its position in the Indian market

A decrease in imports from China has led to a rise in domestic prices for the product

The start-up of the equipment is scheduled for early 2021

The equipment is expected to be delivered in the latter part of 2020

An order with this scope of supply is usually valued in the range of EUR 20-30 million

Sales surged over 100%

The country’s demand is expected to continue rising in the future

The equipment is scheduled to be delivered in the second quarter

The company now wants to focus on bringing awareness to wood construction with Canadian products

The CM has called for investment on the sector

The agreement will be valid for a period of three years

The two companies are open to more long-term cooperation