Author Archives: vital
Old Corrugated Containers (OCC) From listing date, NOREXECO will set closing prices, have tradeable prices on screen and open for block trades
(Kongsvinger, Norway, July 12, 2017) NOREXECO on July 6 announced that it will begin listing the most widely traded grade of recovered paper -- Old Corrugated Container (OCC). Subject to regulatory approval, OCC will be listed from the beginning of 2018.
From listing date, NOREXECO will set closing prices, have tradeable prices on screen and open for block trades. Ongoing consultations with the industry will determine product structure, indexes, settlement etc. Gaining essential support from major industrial participants will be Read More...
Announcement: Moody’s: Potential Eldorado sale could transform Latin America’s fragmented pulp sector
(Sao Paulo, June 29, 2017) The potential sale of Eldorado Brasil (unrated) to an industry peer could transform Latin America’s fragmented pulp sector, improving the business prospects for any of the region’s four major rated pulp producers, says Moody’s Investors Service in a report. However, any deal could also strain the credit quality of those companies.
Press reports in Brazil suggest that J&F Investimentos (unrated) is considering selling its stake in hardwood pulp producer Eldorado to another Latin American pulp Read More...
Wood Fiber Costs for U.S. Pulp Mills Decreased During 2016 and Early 2017
(Seattle, USA, July 10, 2017) “Volatile” could best describe many of the North American regional market conditions in the first quarter of 2017! The volatility came in many different areas; adverse weather events, operation breakdowns, plant explosions, and idling, as well as uncertainties over looming trade policy decisions, according to the North American Wood Fiber Review (NAWFR) published by Wood Resources International. Wood flows across Canada and the U.S. northern tier of states as well as through the Pacific Read More...
CEPI: European Paper Industry’s Performance Resilient In 2016
(Brussels, July 6, 2017) In the background of increasingly uncertain global markets, European production of paper and board demonstrated resilience in 2016. This not only continues the trend of recent years but exceeds the performance of other key paper-producing regions including the United States and Canada.
European consumption of paper and board has exhibited a rise for the third consecutive year, growing by 0.3% in 2016, driven by stronger demand for certain categories of paper products particularly sustainable packaging, hygiene Read More...
Lecta to Hike Prices for Thermal and Carbonless Paper
(Italy, July 6, 2017) Lecta has announced price increases for its thermal and carbonless paper deliveries, effective September 4, 2017.
The increase will be around 6% in thermal papers and 10% for carbonless papers, depending on format and country.
Lecta said the price increase is unavoidable to offset the increase in manufacturing costs due to the continuously rising prices of raw materials, particularly pulp and chemicals.
Lecta added that its sales teams are at customers’ disposal to provide specific information on how Read More...
Sonoco-Alcore to Increase Paperboard Prices in Europe
(Italy, July 05, 2017) Sonoco-Alcore S.a.r.l. today announced it will again raise prices by a further EUR 50 per tonne (GBP 40 / tonne) on all recycled paperboard grades sold in the company’s European regions. The price change is effective with shipments on or after 17th July 2017.
“Demand for raw materials has continued to rise throughout the year as a result of China’s “National Sword” initiative, new capacity within the paper packaging sector, and the European economy currently being Read More...
Fibria to acquire minority stake in Finnish start-up Spinnova
(Helsinki, Finland, July 10, 2017) Fibria acquires a minority interest in Spinnova Oy, a private company organized in Finland.
Spinnova is a Finnish start-up focused on the development of low-cost and environmentally sustainable technologies for the production of raw materials for the textile industry. These technologies use wood fibers for the production of fibrous yarns and staple fibers that can replace cotton, viscose and/or other consumption materials in textiles and non-woven applications.
Fibria agreed to subscribe and pay in a number Read More...
Stora Enso Divests Its Rigid Paperboard Business Re-board in Sweden
(Helsinki, July 5, 2017) Stora Enso has today signed an agreement to divest the business and assets of its Swedish subsidiary Stora Enso Re-board AB, a producer of rigid paperboard for expositions and displays, to Culas AB, which is partially owned by the current managing director of Stora Enso Re-board AB, John-Ake Svensson.
“Stora Enso’s focus within packaging is on developing and delivering fibre-based solutions throughout the value chain. Re-board delivers a niche product and we believe that a new Read More...
Nippon Paper Industries establishes Nippon Paper Logistics
(Tokyo, Japan, July 06, 2017) Nippon Paper Industries has formed Nippon Paper Logistics Co., Ltd., a wholly owned subsidiary. The logistics subsidiaries engage in the logistical operations of the Group on a regional block basis, mainly offering the transportation of the products and materials manufactured or used by the Group’s nationwide plants.
With the establishment of Nippon Paper Logistics, the Group aims to strengthen collaborations among the logistics subsidiaries, in which the company is expected to play a pivotal role. Read More...
Heinzel Group to Install Second Paper Machine in Pöls, Austria
(Austria, July 3, 2017) The Heinzel Group announced that it will install a second paper machine at its Zellstoff Pöls pulp and paper mill in Austria for the production of bleached kraft papers.
“Using the new machine, we will be able to manufacture 200,000 tonnes of MG papers annually at the Pöls location,” said Kurt Maier, CEO of Heinzel Holding. “With pulp production in Pöls being expanded at the same time, this has only marginal impact on our annual market Read More...
DS Smith to Buy 80 Percent of U.S. Packaging Firm Interstate Resources for $920 Million
(London, UK, July 3, 2017) DS Smith Plc (DS Smith or the Company) [on June 29] announced that it, along with its wholly-owned U.S. subsidiary, DS Smith Holdings, Inc. (together with the Company, the Buyer), has entered into a conditional agreement to acquire 80 percent of the total issued share capital of Indevco Management Resources, Inc. (IMRI), the holding company for the Interstate Resources, Inc. group (IMRI and its subsidiaries together, the IRI Group), from Merpas Co. S.a r.l. Read More...
Suzano Announces New Organizational Structure
(Sao Paulo, Brazil, July 5, 2017) Suzano Papel E Celulose S.A. announces to its shareholders and the general market that it is undergoing an organizational restructuring to ensure that its new businesses have the structures needed to maximize profits.
Structural Competitiveness, Adjacent Businesses and Redesigning the Industry are the strategic pillars that guide and prioritize Suzano efforts. Over the past few months, we have finely tuned our vision for and understanding of each product and analyzed each production chain as Read More...
Expera Introduces Prepara Food Processing Papers
(USA, July 6, 2017) Expera has continued to customize its line of food packaging and processing papers with its newly launched brand Prepera™ Food Processing Papers.
According to Expera, Prepera papers keep individual food slices neatly separate and wrapped, while easily releasing from products that have been vacuum packaged, frozen, or thawed. Expera produces layout sheets for raw and pre-cooked applications as well as paper-based solutions designed to address a variety of needs in today’s refrigerated and frozen food categories.
“Prepera Read More...
EU Launches Trade Investigation Against Turkey Following Complaint by the European Paper Industry
(Brussels, July 7, 2017) Today the EU has decided to launch investigations against Turkey for breach of EU-Turkey Customs Union and WTO rules confirming the validity of a complaint lodged by the European paper industry.
CEPI, the independent voice of the paper industry in Europe, presented a trade complaint (Trade Barrier Regulation (“TBR”)) to the European Commission on the 24 April 2017. The complaint concerned the unfair non-automatic import licensing system established by Turkey concerning, inter alia, EU exports of Read More...
Link: The Most Stunning Printing Trends We’ve Seen in 2017
(USA, July 5, 2017) I’ve had the worst luck with printers. I’ve owned a million of them it seems, and usually something jams up here or there, causing me some kind of expensive problem. Half the time it’s cheaper to buy a new printer than it is to buy the cartridges. But in recent years, printer technology seems to have improved, because the days of wanting to chuck my printer over a bridge embankment have gone to the wayside. Read More...