News & Events
Sonoco to hike price for paperboard tubes and cores
(Hartsville, SC USA, Sept. 28, 2016) Sonoco recently announced it will raise the price for all paperboard tubes and cores by 6 percent to 10 percent, effective with shipments in the United States and Canada, beginning October 24, 2016.
“This price increase, our first in more than a year, is necessary due to the recent increase in costs for uncoated recycled paperboard, our primary raw material, combined with price escalations in energy, labor and other input costs,” said James Harrell, Read More...
KapStone Container Corporation announces price increase
(USA, Sept. 28, 2016) KapStone Container Corporation will be increasing box prices by a mininum of 8% and sheet prices by a minimum of 10% effective with shipments on October 10, 2016. This increase follows the $50.00/ton containerboard price increase that our plants will begin incurring on October 1, 2016.
Our high operating rates, declining inventories, solid boxboard demand, rising input costs and the necessity for reinvestment are a few factors driving this increase.
We sincerely appreciate your business and thank Read More...
65 North American Companies Remove “Go Paperless – Go Green” Claims
(Washington DC, USA, Sept. 23, 2016) Two Sides North America, Inc. confirmed that over 65 leading North American companies have removed inaccurate anti-paper claims as a result of the group's efforts.
The list includes several Fortune 100 companies in the financial, telecom and utilities sectors who have engaged in a dialogue with Two Sides and modified their marketing messages to consider the social and environmental benefits of print and paper, as well as the life cycle of sustainable forests and Read More...
Link: The Future of Market Pulp
(Aracruz, Brazil, September 23, 206) Brazilian pulp major Fibria, recently hosted its 5th Investor Tour, which is an annual meeting with market analysts and investors that was held at the company’s unit in Aracruz, Espírito Santo.
The program included a very informative presentation The Future of Market Pulp by João Cordeiro, Poyry.
Extract:
Issues addressed during the presentation included:
1. “What drives demand for market pulp?”
Rapidly Changing Consumption patterns
From A Life Cycle Perspective BEKP and Tissue are growth segments
China Is Responsible For Read More...
Capacities: Fibria’s Três Lagoas pulp mill project in Brazil 54% completed
(Aracruz, Brazil, September 23, 206) Fibria announces new productivity gains in its project to expand the Três Lagoas Unit, which has reached 54% completion. The conclusion of the Horizonte 2 Project is still slated for early in the fourth quarter of 2017.
Fibria, a Brazilian forestry company and the world’s leading eucalyptus pulp producer, announced today that it captured more productivity gains in the execution of the expansion project at its unit in Três Lagoas, Mato Grosso do Sul. Due Read More...
BEK producer Ence posted 1H 2016 earnings of €11.4 million, down 48% vs. year ago
(Spain, Sept. 23, 2016) Highlights:
--The solid cash generation capability of Ence and its adjusted EBITDA margin of 22%, allows Ence to comfortably cover the planned investments and fulfill the commitment to remunerate its shareholders, even in an environment of very low pulp prices as the current one.
--Continue to improve efficiency: the cost of production fell again in the second quarter to € 366.8/t, and is expected to continue its reduction to € 350/t in the 4th quarter.
--Strength of Read More...
Link: Japanese papermakers shedding excess capacity
(Tokyo, September 23, 2016) Japan’s paper manufacturers have started to rationalize their production facilities in earnest to rid themselves of unneeded capacity, the Nikkei Asian Review reports.
Pinched between declining demand and the threat of growing production by Chinese paper makers, large and midsize Japanese companies are joining hands to quickly jettison superfluous equipment.
For instance, Chuetsu Pulp & Paper, an equity-method affiliate of Japanese paper titan Oji Holdings, plans to stop one production line used to make white paperboard for Read More...
Link: Indian paper mills forecast to produce 20MT by 2020; paper industry invested in meeting increasing demand
(Mumbai, India, September 26, 2016) Delivering his keynote address during the 55th AGM and Conference of the Federation of Paper Traders Associations, held recently in Mumbai, JK Paper’s vice chairman and managing director Harsh Pati Singhania said that India was the fastest growing paper market globally. As per Mr Singhania, the Indian paper industry is growing at over 7 per cent and projected to grow at over 4 per cent per annum till 2030. This translated into 20 million Read More...
Link: Strong Domestic Demand in U.S. for Old Corrugated Containers Pushing Prices
(USA, September 23, 2016) Domestic demand in the U.S. for old corrugated containers (OCC) continues its strong streak, while pricing for the brown grade in July hit a nearly four-year high for a one-month price increase. …
Boston-based research firm RISI’s Aug. 5 Yellow Sheet reports pricing increases for OCC of up to $10 per ton domestically and up to $25 per ton for exports from the month prior in light of lower generation, as well as from a combination Read More...
Valmet to rebuild Metsä Tissue’s tissue machines in Raubach in Germany and Pauliström in Sweden
(Helsinki, Finland, September 21, 2016) Metsä Tissue has selected Valmet as supplier for the upgrades of tissue machine TM3 in Raubach, Germany and the tissue machine in Pauliström, Sweden.
The orders were included in Valmet’s second quarter 2016, orders received. The value of the orders will not be disclosed.
Earlier this year Metsä Tissue started up its tissue machine TM1 in Raubach, Germany after Valmet’s extensive rebuild of the wet section, where a new OptiFlo II TIS headbox and an Advantage Read More...
Total U.S. Boxboard Production Fell 2.9 Percent in August
(Washington DC, USA, Sept. 22, 2016) The American Forest & Paper Association has released its August 2016 U.S. Paperboard Report. Total boxboard production decreased 2.9 percent when compared to August 2015 but increased 0.9 percent from last month.
Unbleached Kraft Boxboard production decreased over the same month as last year but increased compared to last month.
Total Solid Bleached Boxboard & Liner production decreased when compared to August 2015 but increased compared to last month.
The production of Recycled Boxboard decreased compared Read More...
Georgia-Pacific completes $40 million expansion at its Arkansas facility
(USA, Sept. 22, 2016) The project expands the production capacity of the lumber mill by approximately 60 per cent
Georgia-Pacific completed an approximately $40 million expansion at its Gurdon, Arkansas, lumber operations. The project expands the production capacity of the lumber mill by approximately 60%.
Positioning the facility for long-term success, the expansion includes the installation of a new continuous dry kiln, a state-of-the-art planer mill, as well as related infrastructure improvements.
The company is also working to complete additional investments, totaling Read More...
Crane Currency to Build Banknote Printing Facility in Malta
(Tumba, Sweden, Sept. 21, 2016) Crane Currency today announced plans to build a new banknote printing facility and customer experience center in the country of Malta. The Malta facility will represent an investment of approximately $100 million for the construction of the factory, the machinery and the equipment.
Crane made the announcement during a visit to its offices by the Prime Minister of Malta, The Honorable Dr. Joseph Muscat.
The company expects to initially hire approximately 200 new employees.
Crane currently supports Read More...
Fila acquires St Cuthbert’s fine paper mill in UK
(Italy / UK, Sept. 23, 2016) Italy-based artistry tools company Fabbrica Italiana Lapis ed Affini S.p.A. (“FILA”) announces the full acquisition of St Cuthberts Holding Limited and its operating company (“St Cuthberts”). The economic value of the operation, in line with the price paid, was equal to GBP 5.4 million ($7.2 million).
St Cuthberts, founded in 1907, is a highly renowned English paper mill located in the south-west of the country and involved in the production of high quality artists Read More...
Glatfelter’s Pixelle High-Speed Inkjet Papers Now Qualified for Ricoh Pro VC60000 Inkjet Printer
(USA, Sept. 20, 2016) Glatfelter announces its Pixelle® line of high-speed inkjet papers is now qualified for use on the Ricoh Pro VC60000 continuous feed inkjet printer.
“The VC60000 is an impressive piece of equipment that will further position inkjet as the technology of choice in today’s marketplace. We are thrilled to add Ricoh to our growing list of original equipment manufacturers (OEMs) that have qualified Pixelle papers, including Canon, HP, Kodak, Screen and Xerox,” said Mark Comensoli, General Sales Read More...