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BASF CEO: inflation depresses consumer demand, and the company may usher in a downturn in the second half of the year
According to reports, martinbruedermueller, CEO of basfy.us, a global chemical giant, said on Tuesday that the company may face a serious downturn in the early second half of this year as inflation begins to suppress consumer demand and competitors may rebuild their paralyzed supply chains. Brued...Read more -
In the first quarter, the export of 4.28 million short tons of U.S. waste to China’s recycled pulp increased 6 times compared with 5 years ago
The export of waste paper in the United States is relatively stable U.S. waste paper exports remained relatively stable in the first quarter of 2022, but waste plastic shipments fell by more than a fifth. According to statistics, in the first three months of this year, American companies exported...Read more -
Canada plans to ban the use of disposable plastic products and ban exports before the end of 2025
Canada has imposed a ban on disposable plastic products such as plastic bags and plastic lunch boxes. The ban was announced on Monday, Canadian television network (CTV) reported on the 20th. In addition to plastic bags and plastic lunch boxes, the “plastic ban” also involves disposabl...Read more -
Pulp prices hit new highs repeatedly Latin American pulp giants continue to expand production capacity on a large scale
Fitch Ratings said that higher pulp prices have played a very positive role in Latin American pulp, paper and forest products companies in generating strong cash flow in 2022. Although some of these companies have made a lot of investment, it still helps to control leverage. Since the beginning o...Read more -
Malaysia and Vietnam signed a memorandum of cooperation on timber and timber industry
Malaysian news: it is understood that Malaysia and Vietnam signed a memorandum of cooperation (MOC) with the timber industry sector on June 15. This time, Malaysia and Vietnam worked together to help the two countries further develop the timber trade. Previously, Malaysia proposed to cooperate cl...Read more -
The delivery period was shortened from 3 months to 2-5 days, and the UK carton industry fell into a downturn
The economic imbalance caused by the epidemic and the policies and decisions made by the world to deal with its adverse effects are returning to the starting point. Since 2020, central banks have printed about $11trillion through quantitative easing, most of which has eventually become consumer s...Read more -
Chinese enterprises plan to open paper mills across Russia
Russian satellite news agency, Moscow, June 15 – Guo Xiaowei, general manager of Xingtai lanli import and export trade Co., Ltd., said in an interview with Russian satellite news agency at the St. Petersburg international economic forum that the company plans to set up paper mills in Tatars...Read more -
The first quarter report of the global paper giant was released, and the performance growth exceeded expectations
Recently, Stora Enso, UPM, International Paper Corporation and other global paper giants have released their first quarter results and said that with strong demand and pricing, the company’s business performance in the first quarter was good. According to the financial results of the first ...Read more -
The impact of the conflict between Russia and Ukraine on the global paper industry
Russia is a country rich in forest resources, and its forest area accounts for 1/5 of the world’s forest area, of which 1/3 is primary forest, 64% is natural regeneration forest, and 2.4% is artificial forest. Its wood species are mostly conifers such as larch, Mongolian Scotch pine, white ...Read more -
Global pulp inventory is falling sharply Russian timber trade is blocked global price rise of tissue and toilet paper
Suzano, a large Brazilian pulp producer, pointed out that the global inventory of pulp is falling sharply, which may lead to a shortage of supply and push up the prices of necessities such as paper towels, toilet paper and diapers. Suzano, the world’s largest pulp producer, noted that pulp ...Read more -
The global demand for folding carton packaging may reach US $172billion in 2026
According to the latest market research data released by Smithers, the global folding carton packaging market will reach US $136.7 billion in 2021. With the gradual recovery of the market from the COVID-19, the global demand of this market may reach US $172 billion in 2026. According to the data ...Read more -
Ning’er station of China Laos railway sends 215000 tons of board pulp in half a year
Since the opening of China Laos Railway on December 3, 2021, the passenger and freight volume of Ning’er station has grown steadily. By the end of May, a total of 215000 tons of goods had been sent, mainly including board, pulp, sugar and ore, and 195000 tons of goods had arrived, mainly in...Read more
