News
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Deutsche Bank: Weak supply and demand fundamentals of paperboard cut target prices of international paper industry and US packaging
On October 18, Deutsche Bank released a new report which showed a cautious attitude towards the cardboard industry. Due to the weak supply and demand fundamentals of paperboard, the company downgraded the ratings of International Paper and American Packaging Company (PKG. US) from “holdR...Read more -
A paper mill in WestRock North America permanently shut down its corrugated core paper business
At the beginning of October, the North American paper company WestRock announced that it would permanently close its corrugated core paper production business in the recycled paper factory in Saint Paul, Minnesota, and the production of coated recycled paper in the factory would continue to opera...Read more -
If the price rises by more than 45% within a year, will the French be unable to afford toilet paper?
Toilet paper has become one of many commodities seriously affected by inflation and supply chain disruption. The consequences of the COVID-19 epidemic and the Ukrainian war are also factors affecting the price of toilet paper. The French newspaper Les Echos reported that toilet paper was an incid...Read more -
The pulp and paper industry in British Columbia, Canada is facing a survival crisis
According to David Elstone of Spar Tree Group, by the end of this year, after Paper Excellence closed its paper mill in Crofton indefinitely, British Columbia, Canada will lose 58% of its paper production capacity and 13% of its pulp mill capacity. “British Columbia has only 16 pulp or pape...Read more -
Russian Shegeza Group transports kraft paper to China via nuclear powered ships
Russian satellite news agency Moscow, October 14, according to Russian media reports, the Russian forest industry enterprise Segezha Group sent the first batch of goods from St. Petersburg to Chinese ports along the northern sea route. Chinese partners will receive kraft paper, which is a high-qu...Read more -
Japan’s pulp mill is expected to increase the import of wood chips to the highest level in nearly three years in 2022
Japan is the second largest wood chip importer in the world after China, accounting for about one third of the world’s total imports. In all industrial fields in Japan, the paper industry relies heavily on wood. Therefore, Japan’s pulp mills have long relied on imported wood fibers. T...Read more -
Foreign media: industrial paper making, printing and packaging institutions call for action against the energy crisis
Recently, CEPI, Intergraf, FEFCO, Pro Carton, European Paper Packaging Alliance, European Organization Seminar, Paper and Board Suppliers Association, European Carton Manufacturers Association, Beverage Carton and Environment Alliance signed a joint statement. The lasting impact of the energy cri...Read more -
The EU officially approved the eighth round of sanctions against Russia. The import of pulp and paper was restricted
On October 5 local time, EU member states approved the latest round (eighth round) of sanctions against Russia, including the highly concerned price ceiling on Russian oil. The specific sanctions took effect in the morning of the 6th local time. It is reported that the latest round of sanctions a...Read more -
In October, prices of some paper grades in Sappi Europe rose
Recently, Sappi Paper Europe announced a price increase for its coated mechanical pulp web. The price increase was mainly affected by the continuous rising cost of raw materials, energy and transportation in Europe. The increase is between 6-9%, which will be officially implemented in October thi...Read more -
German toilet paper manufacturers began to use coffee grounds as raw materials for production due to rising costs
Due to the sharp rise in costs, Hakler, a well-known German toilet paper manufacturer, began to use coffee grounds as raw materials to produce to ease the difficult situation. Agence France Presse reported on the 18th, citing Karen Yunge, the company’s chief marketing officer, that the Euro...Read more -
Vietnam’s paper industry is expected to maintain a high growth trend
According to Vietnam’s paper industry, its domestic paper industry has achieved good growth in the past five years. It is expected that driven by the demand for toilet paper and packaging paper, this momentum will be maintained by 2025. Vietnam has successfully become an exporter of various...Read more -
Excess inventory and order reduction in the U.S. cardboard industry may deteriorate to next year
The complex and changeable macroeconomic environment has seriously affected the corrugated packaging industry. In China, most packaging enterprises were faced with a decline in orders in the first half of the year, and even listed packaging enterprises also faced greater operating pressure. After...Read more