Author Archives: vital

Market conditions favour pulp price hikes in 2018

(November 23, 2017) On a whole, market conditions favour pulp price hikes (especially hardwood). Tight markets, low Chinese pulp inventories, healthy demand favour a “pricing outlook that will again surprise on the upside in 2018, not to mention a very bullish 3-4 years’ outlook on a lack of supply coming to the market,” as per BTG Pactual analysts in their report dated Nov. 15, 2017. Additionally, the Chinese recently released Environmental Protection Controls for waste paper imports (setting impurities Read More...

Sappi expands its speciality and packaging paper capacity; will acquire the speciality paper business of Cham Paper Group Holding AG (CPG)

(Johannesburg, South Africa, 05 December 2017) Sappi Limited, a leading global producer of dissolving wood pulp, speciality and packaging papers, graphic (printing and writing) paper and biomaterials, today announced that it had signed an agreement to acquire the speciality paper business of Cham Paper Group Holding AG (CPG) for CHF146.5 million (approximately $149 million). The transaction includes the acquisition of CPG’s Carmignano and Condino Mills in Italy, its digital imaging business located in Cham, Switzerland as well as all brands Read More...

Link / India: imported paper prices on the rise; upswing for domestic paper producers

(New Delhi, India, Dec 06, 2017) China has stopped imports of several grades of waste paper as a part of campaign against foreign garbage, which has created shortage of raw material and impacted the paper production. Further capacities close to 3 lakh tonnes per annum are shut down due to lack of environmental compliance. As a result, packaging paper prices, for instance, have shot up by 40 per cent to over 5,500 yuan per tonne since August, according to Read More...

Investment companies to bid for Norske Skog

(Norway, 28 Nov 2017) Oceanwood Capital Management and Aker Capital will form new company which will bid an auction process to take over Norske Skog. Following the announcement by Oceanwood and Aker, a consensual recapitalisation of the Norske Skog group is unlikely to be achievable, Norske Skog says. The company therefore expects to initiate insolvency proceedings. According to a Norske Skog release, funds managed by Oceanwood Capital Management and Aker Capital AS, a wholly owned subsidiary of Aker ASA, have Read More...
Nectarines are displayed for sale inside a Kroger Co. grocery store in Louisville, Kentucky, U.S., on Tuesday, Feb. 7, 2017. Photographer: Luke Sharrett/Bloomberg

Link: Fight Breaks Out Over Fresh Fruit-and-Vegetable Packaging

(New York, 15 November 2017) There’s a secret to how grocery stores keep fresh, ready-to-eat fruits and salads stocked all year round for busy Americans: It’s all in the packaging. In this case, it’s packaging with tiny holes that can keep produce on store shelves longer. The broad use of the technology has made it valuable, which is why B&G Foods Inc., Landec Corp.’s Apio unit, Alpine Fresh Inc. and three other companies are being hauled before a U.S. trade Read More...

Link / Multimedia: Botnia goes global

(Finland, Nov. 2017) The volume of production at the new Äänekoski #bioproductmill requires logistical arrangements on an unprecedented scale. Take a closer look at the one-of-a-kind solution MetsaFibre has created to raise the efficiency in pulp logistics. Metsä Fibre has taken firm steps to ensure that the deliveries of Botnia pulp from the new bioproduct mill will be handled efficiently – no matter where in the world our customers operate. Metsä Fibre’s dedication to quality extends beyond our Botnia pulp Read More...

Ilim Group signs USD 500 million syndicated loan

(Russia, 30 Nov 2017) Ilim Group, Russia’s leading pulp and paper company, a major exporter and one of the biggest companies in the industry globally, announces today that it has signed a four-year unsecured syndicated loan agreement for USD 500 million. The agreement is the largest corporate debt transaction in the industry across Eastern Europe and Russia/CIS, according to Dealogic data. The loan was arranged by Raiffeisen Bank International (RBI Group) and Intesa Sanpaolo, with Crédit Agricole also joining the Read More...

Mondi to launch new products at Polish plant

(Piaski, Poland, 04 Dec 2017) Mondi has unveiled plans to launch production of new heavy-duty cardboard packaging products at its plant in Piaski, in western Poland. The company recently completed the installation of new machinery at the factory, and production activities are to be launched in the first quarter of 2018, according to the information obtained by local news site Rynekpapierniczy.pl. Mondi is currently performing test production at the plant that is operated by its local offshoot, Mondi Simet. The Polish Read More...

Cascades acquires four containerboard packaging plants in Ontario

(Canada, 05 Dec 2017) Cascades announces the acquisition of four plants in Ontario to strengthen its position in the containerboard packaging sector, and the purchase of an ownership position in Tencorr Holdings Corporation (“Tencorr”). The company also announces an increase in its equity holding of the Greenpac Mill LLC (“Greenpac”). “We are very pleased to expand our presence in Ontario and increase our stake in Greenpac for the second time this year. These transactions align perfectly with our vision and Read More...

Sonoco announces $2.725 million packaging initiative

(USA, 05 Dec 2017) Sonoco has announced a new research partnership with Clemson University: the Sonoco FRESH (Food Research Excellence for Safety and Health) initiative will develop new technologies and new forms of packaging to optimize the fresh food lifecycle. “Sonoco is committed to serving fresh brands, using packaging to tackle the challenges they face,” said Sonoco President and CEO Jack Sanders. “Optimizing fresh food packaging to extend shelf life and maintain quality makes fresh produce more accessible to communities, Read More...

UPM and the Government of Uruguay sign an investment agreement to establish a competitive operating platform for a possible new pulp mill in Uruguay

(Helsinki/Montevideo 8 November 2017) UPM and the Government of Uruguay have signed an investment agreement, which outlines the local prerequisites for a potential pulp mill investment. The agreement details the roles, commitments and time-line for both parties as well as the relevant items to be agreed prior to the final investment decision. The agreement defines the requirements for the operating environment of a world-class pulp mill project. The site of the mill would be close to the city of Paso Read More...

Recovered paper: New Chinese environmental standards to test scrap paper market in 2018

(Brussels, Belgium, November 2017) On 15 November 2017, China officially notified WTO of its intent to adopt a number of Environmental Protection Control standards for imported solid wastes as raw materials. The following percentages were communicated as the applicable thresholds for impurities: smelt slag 0.5%, wood 0.5%, paper 0.5%, ferrous 0.5%, non-ferrous 1%, waste electric motors 0.5%, wires and cables 0.5%, metal and appliance scrap 0.5%, vessels 0.05%, plastic 0.5%, autos 0.3%. The Chinese WTO notifications proposed the date Read More...

A.Celli to supply five tissue machines for Yibin Paper Industry in China

(Italy, 27 November, 2017) A.Celli Paper received an order confirmation from Yibin Paper Industry Co., Ltd (part of the YIBO Group) for the supply of five high-speed tissue machines, each of which boasts a production capacity of 25,000 tons per year, 74 tons per day at 100% efficiency. The supply includes two new tissue machines model iDEAL® with web format at the pope reel of 2.800 mm, a design speed of 1800m/min and an 18’ Steel Yankee Dryer, and three Read More...

Print and Paper Packs a Punch in a Digital World

(USA, Oct. 03, 2017) The results of an international survey by Two Sides provides unique insight into how print and paper is viewed, preferred and trusted by consumers around the globe. In June 2017, a survey of over 10,700 consumers was commissioned by Two Sides and carried out by leading research company Toluna. Nationally representative surveys were undertaken in ten countries: Australia, Brazil, France, Germany, Italy, New Zealand, South Africa, Spain, the United Kingdom and the United States. The results reveal Read More...

Containerboard Market Tightens Further in September as In-Transit Inventories Fall Again

(USA, Oct. 17, 2017) The US containerboard market is tightening with declining inventories at mills and box plants bolstered by a strong box business, says Vertical Research Partners’ packaging and forest products analyst Chip Dillon. Dillon offered the following insight into the tightening containerboard sector: Box Shipments Increase by 4.0% Per Day on Challenging Comp This morning, AF&PA and the Fibre Box Association (FBA) released their September 2017 US box shipments and box plant/containerboard mill data. Box shipments (measured in billion square Read More...
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