News
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Bank of England announcement: the circulation of paper sterling will be terminated
On March 29 local time, the Bank of England, the Bank of England, issued an announcement to remind people to replace the paper currency with a new version of plastic currency with a face value of £ 20 and £ 50 as soon as possible. After September 30, 2022, shops and other businesses are not allow...Read more -
Australian Paper giant wants to raise prices by 40%, press and publishing industry encounters a major crisis
The paper shortage caused by soaring electricity prices and transportation costs may completely lose the business of some Australian newspapers and magazines, as publishers are struggling to cope with the rising cost of newsprint. Norske Skog, one of the world’s largest paper suppliers from...Read more -
Brazil Suzano paper pulp export prices rise
Brazil Suzano paper, the world’s largest pulp producer, recently announced that the price of staple fiber pulp exported to China will rise by US $100 / ton to US $780 / ton from April 1. Meanwhile, the price of staple fiber pulp exported to Europe and North America will rise by US $50 / ton...Read more -
Sanctions against Russia have led to the “lack of paper” of Finnish newspapers, which may stop printing
March 23 Finnish media association: the Nordic country may have to stop printing newspapers in the coming weeks due to a serious shortage of newsprint caused by the paper mill strike and sanctions against Russia. The Finnish Broadcasting Corporation quoted the association’s chief executive ...Read more -
Russia bans timber exports to Europe and the United States
Recently, in the face of the withdrawal of European and American multinational enterprises from Russia and sanctions, Russia launched a counterattack. Russia has listed “unfriendly” countries and territories, and some export products of the countries and regions on the list will be re...Read more -
In the first two months of 2022, Finnish timber transactions fell by 20% year-on-year
From January to February 2022, member enterprises of the Finnish Forest Industry Association purchased 4.2 million cubic meters of wood from private forests, a decrease of 20% over the same period last year. The purchase volume of pulp and wood was 2.2 million cubic meters, a decrease of 17% over...Read more -
Australian capital Canberra strengthens plastic ban
According to the Australian Broadcasting Corporation, the ban on disposable plastics in Canberra, the capital of Australia, has been further expanded. Under the latest law, food suppliers will be banned from using disposable plastic products at music festivals and sports events. This means that a...Read more -
Singapore supermarkets will charge for plastic bags
Recently, Fu Haiyan, Minister of sustainable development and environment, announced in parliament that two-thirds of Singapore supermarkets will start charging for disposable shopping bags from the middle of next year. The National Environment Agency stipulates that the price of each plastic bag ...Read more -
The price of toilet paper and diapers in Japan increased by more than 10%
According to Japanese media reports, due to the rising prices of raw materials / fuels such as pulp and energy, the rising logistics costs, labor costs and the cost of environmental measures, the domestic paper prices of Japanese paper enterprises have risen one after another. From March 22, all ...Read more -
Current situation and future development trend of packaging industry in the era of epidemic
Jeff Leib, President and CEO of innoseal systems, said that after the outbreak, the fresh food industry can clearly find that the balance between time and distance must be solved, while ensuring the integrity of supply and goods. “We are looking at smaller, more manageable package sizes. In...Read more -
International paper is considering a joint venture with Ilim group
According to foreign media reports, after some pulp and paper enterprises suspended their business in Russia, American international paper is also considering the joint venture with Russian Ilim group. International paper, which owns 50% of the equity of the joint venture, is considering taking m...Read more -
Six paper mills in Italy Announced shutdown due to rising energy
The rise in energy has led to increased costs and more and more negative events that enterprises are overwhelmed. The Zago family, the head of Pro gest, Italy’s most important paper group, announced the shutdown of six of its paper mills. The group is the most important and largest company ...Read more