آرشیو برچسب های: paper

Norske Skog has postponed the start-up of rebuilt recycled containerboard machine PM 1 at the Golbey mill from the fourth quarter this year to second quarter next year.

A rockslide hit Norske Skog Saugbrugs mill in Halden, Norway on 27 April this year, damaging buildings and equipment. As a result, SC paper machine PM 6 had to be temporarily shut down and will likely remain offline until the end of the second quarter 2024.

Spain’s paper and packaging group Saica is expanding its footprint in the corrugated market in Southern Europe. Total production capacity of Adda Ondulati and Cartorobica exceeds 155 million m².

After failed attempts to sell the Stockstadt site, Sappi decided launch consultations on the future of the fine paper mill.

The boom in expanding corrugated case material production capacity is over. Market conditions have changed

Following the announcement on 15 December 2022 of plans to sell three Russian packaging converting operations to the Gotek Group for a total consideration of RUB1.6bn, Mondi confirms that Gotek Group received all requisite approvals and the sale has now been closed.

Mondi has received net proceeds of €۳۰.4m from this disposal into its Austrian bank account.

However, the proposed disposal of Mondi Syktyvkar, Mondi’s most significant facility in Russia, is not connected with the disposal of the three packaging operations and is still pending as Mondi cancelled the sale of Mondi Syktyvkar to Augment at the start of June 2023.

The company’s Board remains committed to divest Syktyvkar and continues to assess all alternative divestment options.

The net proceeds from the sale of all of Mondi’s Russian assets will be distributed to shareholders as soon as reasonably practicable following receipt, once the company has completed the exit from Russia.

he slump in demand on Italy’s recovered paper market has now undoubtedly reached the high grades, as well. Prices have fallen sharply in June as a result.