The transatlantic trade lane experienced its most significant fall in rates this month since May of last year. However, unlike on fronthaul trades out of the Far East, rates from North Europe to the US East Coast are still considerably higher than their pre-pandemic levels, according to Norway-based transport data firm Xeneta. As of April 24th, spot rates had fallen to $3,090 per FEU, with long-term contracts now at $4,750 per FEU.
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Leading global packaging solutions company, Huhtamaki has redefined the possible by using science to develop groundbreaking mono-material technology. Its innovative and sustainable flexible packaging, in Paper, PE and PP Retort, is transformational and meets the demands of both its customers and their consumers.
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The MM Group (MM) has approved a comprehensive investment project to increase the long-term competitiveness of its largest board and paper mill, MM Kwidzyn in Poland. Energy and CO2 cost reduction, pulp integration and entry into the market for sack kraft papers are to set the mill up for sustainable future success.
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There was a landslide at Norske Skog Saugbrugs around 04:30 CET today on 27 April 2023. This has had a material impact on building structures, cranes, and other machinery and equipment relating to PM6, which will result in a production stop for a longer period.
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Hinojosa Packaging Group, after the success of their participation in 2022, once again attends the Seafood Expo Global (fair), taking place from 25th to 27th April in Barcelona.
At the fair, products such as Halopack® and Sumbox will be among the solutions for visitors to discover, assisted by a team of experts in the innovation of sustainable packaging for the end consumer.
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Pat Boushka, currently executive vice president – Building Products, will assume the leadership role for the company’s packaging and cellulose business as executive vice president – Packaging and Cellulose. He succeeds Scott Light, who is retiring from Georgia-Pacific May 1.
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PulPac expands its capabilities and partners with machine builder Curt G. Joa, Inc. (JOA) to meet North America’s huge and rapidly growing demand for sustainable packaging. JOA, a leading expert in engineering and custom machine manufacturing for the disposable hygiene market for almost a century, will provide the Dry Molded Fiber production platform “PulPac Modula” specialized to the US market.
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The situation on the German markets for sawmill residues remains tense at the beginning of the second quarter of 2023. In view of the widening gap between costs and revenue, many suppliers have been opposing their customers’ requests for further price reductions.
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James Cropper announces restructuring measures, one of four paper machines will be permanently idled
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Aiming to create a more resilient and higher margin business, the company is to start an investment programme to simplify processes and combine group functions.
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Hamburger Containerboard has announced that it will raise prices of brown corrugated case material grades by €۸۰/t as from 1 May.
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Stora Enso expects its operational Ebitda to decrease by more than 50 per cent compared to the 2022 figure this year.
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Model Group will stop newsprint production at the Eilenburg paper mill at the end of May.
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The traditional PulPaper event has been fully redesigned. The next generation for PulPaper, Pulp & Beyond 2024 is the leading forum bringing together the latest forest-based bioeconomy innovations, products, services and technologies as well as key people throughout the ecosystem.
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Tolko plans reduction to one shift at Soda Creek in Williams Lake, impacting 65 employees
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Tolko Industries is moving from two shifts to one shift at its Soda Creek division in Williams Lake and Armstrong lumber operations.
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Ripple effects from price collapse in China / NBSK pulp prices also fall further
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DS Smith has announced an ambitious upgrade programme for its Viana kraftliner paper mill in Portugal. The company plans to invest €145m in the mill in the coming years.
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German media group Axel Springer SE plans to close down the printing plant in Ahrensburg near Hamburg next year. Talking to EUWID representatives, Axel Springer did not specify the exact date when the closure will occur. According to the Verdi trade union, the effective date of the closure is 31 July 2024.
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Billerud announces the temporary idling of the Escanaba Mill for up to three weeks as a precautionary measure to protect the health and safety of its employees and contractors due to a blastomycosis fungal infection outbreak.
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talia Technology Alliance (ITA Holding) acquires Sadas Srl, a Lucca-based company specializing in system integration and automation solutions and electrification for industrial plants, into the Group.
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PA Consulting (PA), the global company bringing ingenuity to life, and PulPac, the Swedish R&D and IP company behind Dry Molded Fiber technology, welcome global consumer health companies Sanofi and Haleon to the Bottle Collective. Both companies will be working with the Bottle Collective to explore the feasibility and co-development of cellulose-based technologies as alternatives to virgin petroleum based plastics for the packaging of consumer health products.
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