The first quarter of 2023 has seen a year-on-year decrease of 4.5% in China’s newsprint imports, which totalled 103.1 thousand tons. The value of these imports has fallen by 18.4%, settling at $57.1 million. This contraction correlates with the average price of newsprint, which also witnessed a 14.5% decrease to $554.1 per ton.
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Brazil’s Production and Export of Pulp Increased in Q1 2023, China Remains Top Destination
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According to the Brazilian Tree Industry (Ibá), Brazil’s pulp production for the first quarter of 2023 increased by 2.6%, while the volume of exports grew by 12.9% compared to the same period in 2022.
In monetary values, the sector brought foreign exchange to the country that totaled US$ 2.9 billion between January and March (+17.3%). This result favored the trade balance of the sector, which totaled US$ 2.6 billion (+16.5%).
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Total U.S. printing-writing paper shipments decreased 25% in April 2023 compared to April 2022. U.S. purchases of total printing-writing papers decreased 21% in April compared to the same month last year. Total printing-writing paper inventory levels decreased 1% when compared to March 2023, according to the American Forest & Paper Association.
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The leading full-line supplier Voith, in collaboration with its customer Visy, a global packaging and resource recovery company, held a two-day workshop on decarbonization in papermaking last week in Melbourne. This event was supported by Appita, the leading Australasian pulp and paper technical association. The Energy Summit brought together leaders and experts to discuss the latest solutions and proven technologies for energy efficiency, cost savings and operational improvements.
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Tex Year Group recently established a new factory in Poland in a joint venture with Minima Technology, Taiwan’s largest compostable tableware and food packaging manufacturer. It will be the 9th factory of Tex Year’s worldwide deployment.
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Arctic Paper S.A., one of the leading European producers of high-quality graphical paper, has selected Tietoevry to modernize their key business processes and harmonize their operations. The contract covers providing TIPS Industry Solutions and Services for Arctic Paper’s sales offices plus two mills in Sweden and one in Poland.
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Valmet will deliver a new refiner with chip washer capacity of 28 ton/h to Arauco’s new MDF plant located in Zitácuaro, Mexico. The start-up of the system is planned for the last quarter of 2024.
The order was included in Valmet’s orders received of the first quarter 2023. The value of the order will not be disclosed.
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KKR, a leading global investment firm, today announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Industrial Physics (or the “Company”), a leading manufacturer of testing and measurement instruments, from Union Park Capital (“UPC”). KKR plans to support the Company in its continued growth organically and through add-on acquisitions. Financial terms were not disclosed.
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Stora Enso has launched a combined Green and Sustainability-Linked Financing Framework to further integrate sustainability into its funding and financing activities.
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Sappi North America Inc., a leading producer and supplier of diversified paper, packaging products and pulp, announced today the debut of its latest volume of The Standard series. Designed for Sappi by Kit Hinrichs, principal of Studio Hinrichs, Volume 7 of The Standard is printed on Spectro, Sappi’s sustainably manufactured premium paperboard, and highlights the importance of sensory packaging in creating a memorable and profitable brand experience.
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