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The capacity utilization rate of Russian timber enterprises is less than 50%
After the implementation of the EU sanctions, the export of Russian timber products declined sharply, which is not surprising for all parties in the market. However, up to now, Russian domestic timber enterprises are still unable to cope with new challenges, and the domestic market situation is n...Read more -
Foreign media: The printing industry’s industrial output remained stable in the third quarter, and the forecast for the fourth quarter was not optimistic
The stronger than expected growth in orders and output helped the UK printing and packaging industry to continue to recover in the third quarter. However, as confidence expectations continued to decline, the forecast for the fourth quarter was not optimistic. BPIF’s Printing Outlook is a qu...Read more -
What inspiration will the acquisition of corrugated packaging market in the UK give to Chinese peers?
How attractive are UK corrugated packaging manufacturers to investors? This question is worth discussing. In recent years, M&A activities in the global corrugated packaging market have increased, especially in the UK, which makes it stand out from the performance of European countries. In the...Read more -
Chinese and Russian enterprises sign a large supply order of 700000 tons of pulp and paperboard entering the Chinese market every year
On November 5, the 5th China International Import Expo was held in the National Convention and Exhibition Center (Shanghai). On the first day of the Expo, China Xiamen Jianfa Paper Industry Co., Ltd. and Russia Ilim Group signed a strategic cooperation agreement in the cardboard supply field in S...Read more -
Arauco Argentina Factory is faced with the risk of production suspension under import control
The Chamber of Commerce of the Argentine Timber Industry (CAIMA) warned that the local timber producers may soon be forced to stop all production and operation activities due to the shortage of imported raw materials due to the restrictions imposed by the Argentine government on overseas procurem...Read more -
The conflict between Russia and Ukraine seriously affected the rise of paper price in Indian paper industry by 42.8%
The conflict between Russia and Ukraine for many months has had a serious impact on India’s paper import, and overseas shipment takes two months. The news agency IANS quoted Indian industry sources as saying that the average price of Indian paper rose 42.8% due to the supply delay. They als...Read more -
Türkiye’s toilet paper retail industry will face major challenges
The retail tissue market in Türkiye, including toilet paper, paper tableware and tissue paper, has grown rapidly in the past decade despite a relatively low base. In 2021, the per capita expenditure of each household on retail tissue will be slightly more than $28, which makes Türkiye similar to ...Read more -
Fosbury Asia will build an intelligent chemical plant for corrugated cardboard production line
Guangdong Forsberg Intelligent Equipment Co., Ltd. (hereinafter referred to as “Forsberg Asia”) plans to invest 500 million yuan to build an intelligent chemical plant for corrugated cardboard production line, which is mainly used for the production and research and development of cor...Read more -
Russian packaging market favors environmental protection products
According to Russian media reports, the size of the Russian food packaging market is currently 1.3 trillion rubles, which may reach 1.7 trillion rubles by the end of 2025, of which more than 50% are environmentally friendly products. According to the data released by the Agricultural Bank of Russ...Read more -
First quarter results of fiscal year 2022-2023: sales growth of five major paper enterprises in Japan
Prince Holdings, Japan Paper, United Paper, Dawang Paper, North Vietnam Paper and other five major Japanese paper enterprises have recently released the performance statistics of the first fiscal quarter (April June) of fiscal year 2022-2023. The data shows that, thanks to the rebound in market d...Read more -
Deutsche Bank: Weak supply and demand fundamentals of paperboard cut target prices of international paper industry and US packaging
On October 18, Deutsche Bank released a new report which showed a cautious attitude towards the cardboard industry. Due to the weak supply and demand fundamentals of paperboard, the company downgraded the ratings of International Paper and American Packaging Company (PKG. US) from “holdR...Read more -
A paper mill in WestRock North America permanently shut down its corrugated core paper business
At the beginning of October, the North American paper company WestRock announced that it would permanently close its corrugated core paper production business in the recycled paper factory in Saint Paul, Minnesota, and the production of coated recycled paper in the factory would continue to opera...Read more
