News & Events
Graphic Packaging Agrees to Acquire Carton Craft Corporation
(USA, June 13, 2017) Graphic Packaging Holding Company today announced that its wholly owned subsidiary, Graphic Packaging International, Inc., has agreed to acquire substantially all the assets of Carton Craft Corporation and its affiliate Lithocraft, Inc.
Terms of the deal were not disclosed
Carton Craft is an independent converter focused on the production of paperboard based air filter frames and folding cartons, and operates two converting plants in New Albany, Indiana. The combined businesses generated revenues of approximately $70 million and Read More...
Valmet to Supply Tissue Production Line to Sofidel in Spain
(Helsinki, Finland, June 19, 2017) Valmet will supply a complete tissue production line to Sofidel’s Ibertissue mill in Buñuel, Navarra, in Spain. The delivery includes an Advantage NTT 200 tissue production line, stock preparation equipment and automation system. Start-up of the new line is scheduled for third quarter 2018.
The value of the order was not disclosed.
The up-coming new line in Spain will be Sofidel’s fourth Valmet Advantage NTT tissue line in Sofidel’s machine fleet. Previously the company has bought Read More...
Mitsubishi HiTec Paper Announces Price Increase for Thermal and Carbonless Papers
(Germany, June 14, 2017) Mitsubishi HiTec Paper has announced a price increase of 6 – 7% for its THERMOSCRIPT thermal paper and GIROFORM carbonless paper, worldwide, for deliveries from 1 September 2017.
In a press release, Mitsubishi HiTec Paper said, “Further increases in costs for pulp, chemicals and logistics make this adjustment necessary.”
Customers will be contacted directly by the Mitsubishi sales team, the company added.
Mitsubishi HiTec Paper Europe is a German subsidiary of Mitsubishi Paper Mills Ltd., Japan. The company Read More...
Sonoco Restating Price Increase for All Uncoated Recycled Paperboard Products
(USA, June 14, 2017) Sonoco [yesterday] announced it has restated and is implementing a previously announced price increase for all grades of uncoated recycled paperboard (URB) products in the United States and Canada, effective July 10, 2017.
The low yield on the previously announced April URB price increase, along with the impact of rising raw material and other costs, makes it necessary to go back to the market to recover those costs, explained Palace Stepps, division vice president of sales Read More...
Arkansas Expects $2 Billion Pulp Mill Build to Start in March ’18
(USA, June 19, 2017) The Arkadelphia Regional Economic Development Alliance and Area Chamber of Commerce announced the planned $1 billion pulp mill to be located in southwest Arkansas is now in the pre-engineering stage with construction set to begin in March 2018.
The plant, operated by , is expected to consumer 10K tons of southern pine chips a day with the end product eventually shipped and sold to makers of rayon clothing. Sun Bio is part of the giant Read More...
Link: Rewritable light-printable, ink-free rewritable paper
(USA, May 2017) Scientists in the U.S are hoping to commercialise a new type of rewritable paper. The paper -- a light-printable, ink-free rewritable paper that uses nano technology – has been developed by the Yin Group at the University of California, Riverside, Department of Chemistry led by Professor Yadong Yin, and specialises in the “synthesis and functionalisation of nanostructured materials”.
Yin’s team has published a research paper detailing their latest findings in the field of high-performance light-printable rewritable paper.
The Read More...
Digital and Print Media to be Combined Into One; “Next generation paper” project
(UK, May 19, 2017) The University of Surrey’s Professor David Frohlich has won £1.17m funding from the Digital Economy programme, to research and develop paper materials that would allow readers to “interact” with printed materials like Harry Potter portraits.
The project is called “Next generation paper” and will develop a new form of paper with hyperlinks to the web. Readers will be able to obtain related information on nearby digital devices, just by turning a page or touching the surface Read More...
Steady Growth Forecast for Global Specialty Paper Market During 2017 to 2027
(London, June 9, 2017) Sales of specialty paper will reach nearly 25000 thousand tons in 2017, and this number is further estimated to exceed 40,000 thousand tons by 2027-end, according to a report by Future Market Insights (FMI). FMI’s report projects the global specialty paper market to register a steady 5.2% volume CAGR during the forecast period 2017 to 2027. The market is estimated to exhibit an absolute $ opportunity of US$ 21.59 billion during the forecast period.
Specialty paper Read More...
Visy Board New Zealand to Build $100 Million Corrugated Packaging Plant
(New Zealand, June 12, 2017) Visy recently announced that Visy Board New Zealand will build a second corrugated packaging plant to be established in the Waipa District, south of Hamilton in the Waikato Province, New Zealand.
Visy Board New Zealand will expand its capacity with a $100 million investment on an 8.5 hectare site at Hamilton Airport, with construction having commenced in April 2017.
“A growing focus on export supply chains associated with food processing, fruit and produce, meat and dairy Read More...
Kemira Opens Its New Sizing Production Line in Nanjing, China
(Helsinki, Oct. 12, 2017) Kemira announced today the opening of its new AKD emulsion and cationic rosin production lines at its production site in Nanjing, Jiangsu province in China. With the inauguration of the new production line, Kemira is able to produce and supply all types of sizing agents (ASA, AKD, cationic rosin, surface size) to serve customers in mainland China, Taiwan, Vietnam, Japan and other Asia-Pacific region. The investment broadens Kemira’s paper chemicals product offering and strengthens its Read More...
Orchids Paper Starts Up New Tissue Paper Machine at Barnwell, SC
(USA, June 12, 2017) Orchids Paper Products announces the startup of its new 100% state of the art QRT Paper Machine in Barnwell, South Carolina, with paper machine capacity of 35,000 tons per year. The QRT Paper Machine, developed by Valmet, is new technology capable of manufacturing both ultra-premium and premium tissue, towel, facial, and napkin paper at a lower manufacturing cost compared to traditional ultra-premium machines. This paper is an integral part of Orchids strategy to penetrate the Read More...
WestRock completes acquisition of five US corrugated plants
(USA, 12 June 2017) WestRock Company recently announced that it has completed the acquisition of certain operations of U.S. Corrugated, a large independent manufacturer of corrugated products for packaging and displays.
WestRock acquired five corrugated converting facilities in Ohio, Pennsylvania, and Louisiana from U.S. Corrugated, through which it provides a comprehensive suite of products and services to customers in a variety of end markets, including food & beverage, pharmaceuticals and consumer electronics.
The five facilities will operate as part of WestRock’s Read More...
Packaging industry continues to demand new solutions
(UK, 29 May 2017) Global demand for functional and barrier coatings in paper and paperboard applications, is forecast to grow by 4.9% year-on-year to $5.18 billion by 2022.
Exclusive data from the new Smithers Pira report – The Future of Functional and Barrier Coatings for Paper and Board to 2022 - determines that future growth will be driven by a resurgent global outlook and the greater penetration of into transition economies. The Asia-Pacific market will represent over 54% of Read More...
The Global Forest Industry in the 1Q/2017
(Seattle, USA, June 12, 2017) Global Pulpwood Prices:
• The Global Softwood Fiber Price Index (SFPI) fell 0.7% quarter-over-quarter in the 1Q/17, which was down 3.0% from the 1Q/16. The SPFI has been in decline for almost five years and is currently at its lowest level since the 3Q/04. In real terms, the SFPI in the 1Q/17 was at its lowest level since WRQ initiated the index 30 years ago in 1988. The biggest recent declines in softwood Read More...
Link: Asia Pulp and Paper to tap increasing demand for paper for holy book
(Jakarta, Indonesia, June 12, 2017) Giant paper producer Asia Pulp and Paper (APP) is forecasting the sales volume of Quran paper to increase by 7 percent to 23,625 metric tons (MT) this year, thanks to strong demand from countries in the Middle East, such as Iran, Egypt and Lebanon.
APP, the subsidiary of diversified conglomerate Sinar Mas Group, currently covers 60 percent of Quran paper needs worldwide. About 70 percent of its Quran paper is exported to the Middle East, Read More...