News
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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 -
Two Major Development Trends of Global Household Paper in 2022
Tietoevry, along with Fisher International, I-Plan, and Valmet Automation, conducted a global market study in the tissue paper industry from June to October 2022. The purpose of this study is to find new methods and fields to improve efficiency, with a focus on efficiency; Realize cross-border th...Read more -
Low end product supply exceeds demand, Vietnam’s paper industry seeks transformation
According to media reports, the Vietnam Pulp and Paper Association recently stated that due to domestic oversupply, the Vietnamese paper industry needs to stop producing ordinary packaging paper and invest in other projects, such as high-quality packaging paper, which currently mainly relies on i...Read more -
Essity will invest in a new waste paper recycling workshop at Prudhoe factory in the UK
Essity plans to build a new waste paper recycling workshop at its Prudhoe factory in the UK and further reduce the use of raw wood pulp for products such as toilet paper. The factory’s existing waste paper recycling workshop has a history of 50 years, and Essity plans to replace it with a n...Read more