News
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SCA’s annual production of 300000 tons of chemical mechanical pulp plant put into operation
The new factory of SCA Ortviken with an annual production of 300000 tons of CTMP pulp was completed on May 16th. Governor Berit H ö gman of V ä sternorland delivered a ceremony speech, and timber movement celebrity Ferry Svan also cut the ribbon for the factory. Ulf Larsson, President and CEO of ...Read more -
China resumes importing Australian timber
According to Reuters on May 18th, Chinese Ambassador to Australia Xiao Qian said on the 18th that China will resume importing Australian timber from now on. According to the report, at the end of 2020, Beijing said that the timber trade between Australia and China would be stopped to a large exte...Read more -
The European Paper Federation Announces 15 Major Carbon Reduction Investment Innovation Projects in the Paper Industry
Recently, the European Paper Federation announced the fourth phase of the REINVEST2050 carbon reduction investment case, including 15 projects including Finlin Group, UPM, Valmet, etc., which demonstrated the efforts and progress of the European paper industry in carbon reduction and climate chan...Read more -
Rising prices of Japanese newsprint have led to price increases in multiple newspapers, impacting newspaper operations
According to comprehensive Japanese media reports, since last year, with the surge in energy prices and the depreciation of the yen, the prices of daily necessities for Japanese people have risen one after another. The rise in newsprint prices has directly hit the Japanese newspaper industry. On ...Read more -
The billions dollar market for protective packaging materials still dominates with plastics
According to a recent study by the Freedonia Group, a department of MarketResearch.com, plastics will continue to be the leading protective packaging material, accounting for 71% of the global $33.2 billion protective packaging industry. By 2027, global demand for protective packaging is expected...Read more -
Australia makes final decision: no longer impose double anti tax on A4 photocopy paper related to China
On April 18, 2023, the Australian Anti Dumping Commission issued Announcement No. 2023/016, stating that the import of A4 copy paper weighing 70 to 100 grams per square meter from Brazil, China, Indonesia, and Thailand has made a final affirmative determination of anti-dumping exemption investiga...Read more -
BASF aims to reduce costs and increase efficiency in 2022 by increasing revenue without increasing profits
According to financial report data, BASF achieved sales of 87.3 billion euros in 2022, a year-on-year increase of 11.1%; Excluding special items, the pre interest and tax income was 6.9 billion euros, a decrease of 11.5% compared to the same period last year. Regarding its performance in 2022, BA...Read more -
The recyclable packaging market will surpass $170 billion
According to a study by Actual Consultancy, strict regulations and the growing demand for sustainable packaging solutions will continue to drive the growth of the recyclable packaging market, reaching $170.93 billion by 2029. The report shows that from 2023 to 2029, the compound annual growth rat...Read more -
India may face overcapacity in paper production in the coming years
In recent years, the Indian market’s demand for recycled based paper has been sluggish. Some industry insiders said that this was mainly caused by overcapacity. Overproduction of kraft paper has led to a decline in market prices, and overcapacity is not conducive to the healthy development ...Read more -
Non wood fiber materials are at the forefront of innovation in the European paper and paperboard industry
Recently, the European Federation of the Paper Industry (Cepi) commissioned a German private research organization nova Institute to conduct a survey of 33 non wood pulp producers in Europe, and found that non wood fibers still have great potential to promote sustainable development in the pulp a...Read more -
Four Japanese paper companies suspected of colluding in bidding are under investigation
According to Jiji News Agency, the Japan Fair Trade Commission (FTC) conducted on-site inspections on Tuesday of seven factories related to paper distributor Japan Pulp and Paper Co. and three other companies, on suspicion of collusion in bidding. These four companies are under investigation for ...Read more -
Interpretation of the Packaging Ink Market in 2023
The leader of the packaging ink industry reported that the market has slightly increased in 2022, and sustainability is at the top of the customer’s demand list. The packaging and printing industry is a huge market, estimated to be worth approximately $200 billion in the United States alone...Read more