Author Archives: vital

Link: BILT Graphic debt update – “may get a cash infusion of Rs. 400 crore”

(New Delhi, May 23, 2017) The debt-laden Ballarpur Industries Ltd (BILT) may get a cash infusion of Rs. 400 crores from Edelweiss ARC for itself and its subsidiaries, Live Mint reported last month. BILT is reported to be saddled with an estimated consolidated debt of over Rs6,000 crore. As per the Live Mint report [dated April 23], Edelweiss Asset Reconstruction Co., which acquired a large portion of BILT Graphic Paper Products Ltd’s loans, is in talks to infuse as much Read More...

Link / UK: real book sales surge as ebooks slow down

(London, May 2017) The digital revolution was expected to kill traditional publishing. But print books are ever more beautifully designed and lovingly cherished After reaching a peak in 2014, sales of e-readers and ebooks have slowed and hardback sales have surged. The latest figures from the Publishing Association showed ebook sales falling 17% in 2016, with an 8% rise in their physical counterparts. At the same time, publishers’ production values have soared and bookshops have begun to fill up with Read More...

Link: Indonesia’s PT TEL to replace acacia with eucalyptus pellita

(Singapore, May 19, 2017) Indonesian market pulp producer PT Tanjung Enim Lestari (PT TEL) is replacing acacia mangium, the tree species that once dominated its 300,000 ha of concessions, with eucalyptus pellita. To read complete report Go To: PT TEL opts for eucalyptus pellita as pulp furnish in Indonesia (Source: RISI) Cover Image: an eucalyptus pellita plantation Read More...

Print media in India growing … despite digital news

(Mumbai, India, May 09, 2017) Contrary to trends in the developed world where print circulation is losing to digital news, the print media in India is growing, as per an Audit Bureau of Circulation (ABC) press release. According to Audit Bureau of Circulation (ABC) data, print publications in this country had an increase in average daily circulation of 23.7 million copies from 2006 to 2016. From 39.1 million in 2006, the average number of copies circulated a day grew to 62.8 Read More...

Klabin’s Puma mill operating at full (100%) capacity

(Brazil, April 28, 2017) Klabin’s 1.5 million tonne/yr (BEK) Puma pulp mill in Brazil has reached 100% capacity, CEO Fabio Schvartsman announced at the company’s Q1 2017 Financial Report & Conference Call dated April 28, 2017. The new unit has the capacity to produce 1.5 million tons of pulp a year, of which 1.1 million tons will be hardwood pulp and 400,000 tons softwood pulp. A portion of the softwood pulp will be converted into fluff pulp, the only one Read More...

Recovered paper market – Q1 review: market hit by freight hikes / increased stocks

(Brussels, April 26, 2017) While recovered paper grades posted a relatively strong quarter, prices of lower grades of recovered fiber were negatively impacted by escalating freight costs, cheaper pockets of global availability, high levels of finished stock and possible compliance concerns relating to increased port inspections in China, as per the latest BIR world recycling organisation’s latest quarterly World Mirror on Recovered Paper. Feedback from the UK - by far Europe’s largest exporter of recovered fibre - suggests deep-sea export prices Read More...

The rise and fall of recycled content in newsprint

(Montreal, Canada, May 08, 2017) In March 2017 the newsprint mill in Thorold, Ontario was indefinitely idled. Ontario Paper Company started up this mill in 1913 and was a pioneer in the field of recycled furnish, having experimented with it briefly during World War II to extend its pulp supply. It had the first deinking plant in North America in 1981 and expanded to 100% recycled furnish in 2002. Around that time, there were seven other newsprint mills running a Read More...

Fibria recorded 1Q net income of R$ 329 million; net revenue decreased

(Brazil, May 09, 2017) Fibria recorded net income of R$ 329 million ($102.8 million) in 1Q 2017, versus a net loss of R$ 92 million ($28.75 million) in 4Q 2016 and net income of R$ 978 million ($305.6 million) in 1Q 2016. Fibria’s net revenue totalled R$ 2,074 million ($648 million) in 1Q 2017, 18% less than in 4Q 2016, due to the reduction in sales volume, as previously explained. Compared to 1Q 2016, net revenue fell by 13%, as Read More...

Chinese firm Tranlin (aka Vastly) delays $2 billion pulp and paper mill in Virginia, USA

(Chesterfield, Virginia, USA, May 03, 2017) A $2 billion paper mill planned for eastern Chesterfield County in Virginia will be delayed as the Chinese-owned company incorporates new technology overseas. The Chesterfield mill was originally expected to be “fully operational” by 2020. The company, Tranlin Inc., also known as Vastly, said that its parent firm Shandong Tranlin Paper Company Ltd., will be “redeploying resources” as it incorporates the new technology. However, the company has not announced a revised timeline. The current Read More...

Brazilian pulp exports in Q1/17 totaled 3.3MT, up 5.5% YoY, according to Ibá; pulp production also up

(Brazil, May 03, 2017) Pulp production recorded 3.0% growth in the first quarter of 2017, totaling 4.69 million tons against the 4.55 million tons recorded in the same period of last year. In the paper sector, the surplus continues with exports that reached a volume of 544 thousand tons sold between January and March, a 5.6% increase compared to the same period in 2016 when 515 thousand tons were traded. In the wood panels segment domestic sales rose 2.9%, Read More...

1Q/17 Global HW Pulp Market Review: Growth of 338K t in global demand for BEKP (Feb/17 vs. Feb/16); demand supports price hikes

(Sao Paulo, Brazil, April 28, 2017) This year began on a more positive note for the pulp market. The increase in demand was confirmed by the decline in inventories of hardwood to 37 days, according to the PPPC’s Global 100 Report, and a year-on-year upturn in eucalyptus pulp shipments, mainly to Asia. The positive fundamentals allowed Fibria to announce new price increases [valid as of April 01] of • US$20/t for Europe and North America in January; • US$30/t for all Read More...

Pulp firm Mercer reviews Q1/17 market: “steady rise in Q1 pulp prices; strong demand”

(Calgary, Canada, April 28, 2017) "In term of the pulp markets, demand has been strong through April. Prices have risen steadily in China in Q1 to the point that our March list price was $670 per ton, up $70 from September or up $100 since November of 2016." [Extracts from Q1 2017 Financial Report & Conference Call dated April 28, 2017] Mr. David M. Gandossi – Chief Executive Officer, Mercer International, discusses the Q1/17 pulp & paper market and the Read More...

Andritz starts up twelfth tissue machine for Hengan Group

(Graz, Austria, May 05, 2017) Andritz has successfully started up the tissue machine supplied to the Hengan Group, China, at its Chongqing mill. The PrimeLineTM W8 tissue machine is the twelfth tissue machine supplied by Andritz to the Hengan Group. It has a design speed of 2,000 m/min and a width of 5.6 m. The machine is equipped with an 18-foot steel Yankee for energy-efficient drying and safe operation. The scope of supply also included the complete stock preparation plant Read More...

Market conditions (tight supplies) favour pulp price hikes especially in 1H 2017

(April 26, 2017) On a whole, market conditions favour pulp price hikes (especially hardwood). Demand conditions (particularly in China) remain solid. BTG Pactual analysts in their report dated April 02, 2017 state that they “remain optimistic on pricing momentum” although they “expect prices to correct from July onwards (summer seasonality/imminent H2 start-up).” Corporates continue to observe strong demand trends across all regions, with inventories low at the consumer level and ongoing global paper price hikes have also helped. In addition, other factors Read More...

Link: record recovered paper rates in the U.S

(USA, April 2017) Another month, another record-setting several weeks for recovered paper pricing. … At $172.78 per ton, OCC pricing jumped $40 to $45 in the Northeast region, $35 in the Midwest, $40 in the Southeast and Southwest regions and $30 in the Los Angeles/San Francisco region, according to the March 6 PPW Yellow Sheet from Boston-based research firm RISI. Compared with OCC’s U.S. average pricing in March 2015 of $71.39 per ton, the March 2017 price is double that Read More...
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