News
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The settlement between International Paper and the IRS will pay $260 million in federal income tax
International Paper said in its regulatory document on September 9 local time that it had reached a settlement with the IRS on the tax dispute over the timber monetization reorganization that began in 2015, and “will thoroughly solve this problem”. International Paper needs to pay abo...Read more -
The recycling rate of OCC waste paper in the United States exceeds 90%? Probably less than 70%
Miles Cohen, an industry veteran and founder of circular ventures LLC, a consulting company, and Ryan Fox, a corrugated market analyst at Bloomberg Intelligence, estimated that the recycling rate of used corrugated boxes (OCC) in the United States was about 69%, far lower than the 91.4% reported ...Read more -
The sales of the US flexible packaging industry in 2021 are estimated to be 39 billion US dollars
The 2022 State of the Flexible Packaging Industry Report of the Flexible Packaging Association (FPA) provides industry professionals with in-depth discussions on the U.S. flexible packaging industry in the past few years. The sales of the US flexible packaging industry in 2021 are estimated to be...Read more -
The European Paper Association and others wrote to the EU: Can China benefit from more factories stopping production in the future?
The European natural gas crisis is undoubtedly a huge negative for energy consuming industries. The local high-tech industry, including automobile manufacturing, and the basic industry, including iron and steel smelting, are all at a loss, and the paper industry is one of them. On September 6 loc...Read more -
Does the European waste paper price plummet in Asia and drive down the Japanese and American waste paper prices to the bottom
The price of waste paper imported from Europe in Southeast Asia (SEA) and India plummeted, which in turn led to chaos in the price of waste paper imported from the United States and Japan in the region. Affected by the massive cancellation of orders in India and the continuous downturn of China&#...Read more -
The shutdown of Essity New Zealand Kawerau factory threatens the supply of toilet paper in New Zealand
According to media reports, Essity, a tissue giant, and Visy, an Australian packaging and recycling company, have been unable to reach a new agreement with New Zealand workers. At its factory in Kawerau, New Zealand, about 145 factory workers are in a state of shutdown. According to reports, this...Read more -
In September, these foreign paper enterprises announced that the rising price of energy cost was the leading factor
From the end of July to the beginning of August, a number of foreign paper enterprises announced price increases, most of which were about 10%, some even more. After investigating the reasons, many paper enterprises agreed that the price increase was mainly related to the soaring energy costs and...Read more -
Energy crisis spreads Beer bottle, label paper and other prices rise, German beer industry is under pressure
The impact of the energy crisis has spread to the German beer industry. The soaring energy price has led to a sharp increase in the cost of multiple links in the supply chain of the German beer brewing industry, a sharp decline in the profits of manufacturers, and a worrying business prospect. Ul...Read more -
The Global Pulp Market Price Reached a New High and Three Factors Worth Attention in the Second Half of the Year
Recently, the price of pulp market hit a new record high again, and major participants announced new price increases almost every week. Looking back at the past of the market, how did it develop to the present stage? These three pulp price drivers need special attention – unexpected downtim...Read more -
The soaring energy prices in Europe may cause the shutdown of production lines or the shortage of toilet paper in Finland
Finlin tissue, a Finnish paper company, said that soaring energy prices in Europe had led it to reduce its paper production in recent weeks. According to the Finnish Broadcasting Corporation reported on the 26th, Finlin Tissue warned that further shutdown of the production line might lead to a sh...Read more -
WTO: Global trade in goods slows down in the second quarter of 2022
The WTO has released the latest issue of the barometer of trade in goods. In the second quarter, Global trade in goods continued to grow, but the growth rate was lower than that in the first quarter. It is estimated that the global trade in goods will increase by 3.0% in 2022, but there are many ...Read more -
Arauco is expected to start a new bek pulp production line with an annual output of 1.56 million tons in late October
Empresas copec, the parent company of Arauco, a Chilean forest products company, announced on August 19 that the construction of a new Bleached Eucalyptus (bek) pulp production line is at the end of its construction, and the first package of pulp board is expected to be put into production at the...Read more