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Japan’s pulp mill is expected to increase the import of wood chips to the highest level in nearly three years in 2022
Japan is the second largest wood chip importer in the world after China, accounting for about one third of the world’s total imports. In all industrial fields in Japan, the paper industry relies heavily on wood. Therefore, Japan’s pulp mills have long relied on imported wood fibers. T...Read more -
Foreign media: industrial paper making, printing and packaging institutions call for action against the energy crisis
Recently, CEPI, Intergraf, FEFCO, Pro Carton, European Paper Packaging Alliance, European Organization Seminar, Paper and Board Suppliers Association, European Carton Manufacturers Association, Beverage Carton and Environment Alliance signed a joint statement. The lasting impact of the energy cri...Read more -
The EU officially approved the eighth round of sanctions against Russia. The import of pulp and paper was restricted
On October 5 local time, EU member states approved the latest round (eighth round) of sanctions against Russia, including the highly concerned price ceiling on Russian oil. The specific sanctions took effect in the morning of the 6th local time. It is reported that the latest round of sanctions a...Read more -
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
