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In October, prices of some paper grades in Sappi Europe rose
Recently, Sappi Paper Europe announced a price increase for its coated mechanical pulp web. The price increase was mainly affected by the continuous rising cost of raw materials, energy and transportation in Europe. The increase is between 6-9%, which will be officially implemented in October thi...Read more -
German toilet paper manufacturers began to use coffee grounds as raw materials for production due to rising costs
Due to the sharp rise in costs, Hakler, a well-known German toilet paper manufacturer, began to use coffee grounds as raw materials to produce to ease the difficult situation. Agence France Presse reported on the 18th, citing Karen Yunge, the company’s chief marketing officer, that the Euro...Read more -
Vietnam’s paper industry is expected to maintain a high growth trend
According to Vietnam’s paper industry, its domestic paper industry has achieved good growth in the past five years. It is expected that driven by the demand for toilet paper and packaging paper, this momentum will be maintained by 2025. Vietnam has successfully become an exporter of various...Read more -
Excess inventory and order reduction in the U.S. cardboard industry may deteriorate to next year
The complex and changeable macroeconomic environment has seriously affected the corrugated packaging industry. In China, most packaging enterprises were faced with a decline in orders in the first half of the year, and even listed packaging enterprises also faced greater operating pressure. After...Read more -
The settlement between International Paper and the IRS will pay $260 million in federal income tax
International Paper said in its regulatory document on September 9 local time that it had reached a settlement with the IRS on the tax dispute over the timber monetization reorganization that began in 2015, and “will thoroughly solve this problem”. International Paper needs to pay abo...Read more -
The recycling rate of OCC waste paper in the United States exceeds 90%? Probably less than 70%
Miles Cohen, an industry veteran and founder of circular ventures LLC, a consulting company, and Ryan Fox, a corrugated market analyst at Bloomberg Intelligence, estimated that the recycling rate of used corrugated boxes (OCC) in the United States was about 69%, far lower than the 91.4% reported ...Read more -
The sales of the US flexible packaging industry in 2021 are estimated to be 39 billion US dollars
The 2022 State of the Flexible Packaging Industry Report of the Flexible Packaging Association (FPA) provides industry professionals with in-depth discussions on the U.S. flexible packaging industry in the past few years. The sales of the US flexible packaging industry in 2021 are estimated to be...Read more -
The European Paper Association and others wrote to the EU: Can China benefit from more factories stopping production in the future?
The European natural gas crisis is undoubtedly a huge negative for energy consuming industries. The local high-tech industry, including automobile manufacturing, and the basic industry, including iron and steel smelting, are all at a loss, and the paper industry is one of them. On September 6 loc...Read more -
Does the European waste paper price plummet in Asia and drive down the Japanese and American waste paper prices to the bottom
The price of waste paper imported from Europe in Southeast Asia (SEA) and India plummeted, which in turn led to chaos in the price of waste paper imported from the United States and Japan in the region. Affected by the massive cancellation of orders in India and the continuous downturn of China&#...Read more -
The shutdown of Essity New Zealand Kawerau factory threatens the supply of toilet paper in New Zealand
According to media reports, Essity, a tissue giant, and Visy, an Australian packaging and recycling company, have been unable to reach a new agreement with New Zealand workers. At its factory in Kawerau, New Zealand, about 145 factory workers are in a state of shutdown. According to reports, this...Read more -
In September, these foreign paper enterprises announced that the rising price of energy cost was the leading factor
From the end of July to the beginning of August, a number of foreign paper enterprises announced price increases, most of which were about 10%, some even more. After investigating the reasons, many paper enterprises agreed that the price increase was mainly related to the soaring energy costs and...Read more -
Energy crisis spreads Beer bottle, label paper and other prices rise, German beer industry is under pressure
The impact of the energy crisis has spread to the German beer industry. The soaring energy price has led to a sharp increase in the cost of multiple links in the supply chain of the German beer brewing industry, a sharp decline in the profits of manufacturers, and a worrying business prospect. Ul...Read more
