Nippon Paper Industries has announced measures to reorganise its production platform.
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Due to poor market conditions, Turkish cartonboard producer Kartonsan stopped production on one of its two board machines.
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Turkish company Kipaş Kağıt had announced in 2021 that it would install a second recycled containerboard machine at the Söke mill.
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Belgian folding box manufacturer Van Genechten Packaging (VGP) has purchased all shares in the Polish folding box producer Dot2Dot Group.
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The latest announcement of Schumacher Packaging’s plan to sell its Polish subsidiary to Saica and the German company’s comments on market conditions and its standing as a family-run company have raised questions about its future intentions.
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For some time now, tissue products manufacturer Sofidel has set a focus on the US market.
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Outages and scheduled production downtime curbing supply
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Pulp giant Suzano has agreed to acquire two facilities in the US from Pactive Evergreen.
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Sappi has found a buyer for the 530,000 tpy Lanaken paper mill. UTB specialises in industrial property conversions and will examine the options for the future utilisation of the Lanaken site. The purchase price amounts to €50m, of which €40m will be paid in cash, says Sappi.
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Sweden’s forest products trading company Elof Hansson Trade is setting its foot into the Italian market through the acquisition of Dede Paper & Board.
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While manufacturer of graphic paper are finding it hard to implement the hikes, corrugated sheets and packaging producers are now increasingly resentful of the short intervals between price hikes for corrugated case material.
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Paper mills scrambled to source paper amid public holidays and speculation
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Prices for ordinary recovered paper grades stabilise or start to crumble
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Sweden’s forest products company SCA has announced another increase to kraftliner prices amid growing demand.
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The safeguard measures on imports of certain containerboard grades will apply for a period of three years starting 28 July 2024.
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Italy’s independent recycling, paper and packaging group Pro-Gest has informed the market that the company decided not to pay the accrued interest on its €250m 3.25% Senior Notes 2024 due on 15 June 2024.
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Shareholders of CPH have approved the separation of the paper and the chemicals and packaging divisions.
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Mondi has completed a €125m investment project at its Kuopio containerboard mill.
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The price pressure remains high in the European containerboard market as British paper manufacturer DS Smith announced another round of hikes with immediate efffect.
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Burgo has rebuild fine paper machine PM 2 at the Sora mill in Italy for folding boxboard and food service board production. Burgo puts the capacity of PM 2 at 200,000 tpy.
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